Houston Texas Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• City: Houston
• Control #: US-EG-9051
• Format: Word; Rich Text

Description

Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc. dated December 21, 1999. 11 pages A Houston Texas Stockholders Agreement is a legal document that outlines the rights, responsibilities, and obligations of the stockholders of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., all of which are parties to the agreement. This agreement serves to establish a framework for the governance and management of the companies in which stockholders have invested their capital. Key provisions of a typical Houston Texas Stockholders Agreement include: 1. Ownership and Transfer of Shares: The agreement identifies the number of shares owned by each stockholder and sets out the restrictions, if any, on the transfer of shares to third parties, ensuring that any transfers comply with applicable laws and regulations. 2. Voting Rights: The agreement outlines the voting rights of each stockholder, including provisions for majority and minority voting, as well as any special voting rights granted to certain classes of shares. 3. Management and Directorship: It delineates the composition and appointment process of the board of directors, specifying the number of directors and their qualifications. This section may also cover the rights and responsibilities of the board, including decision-making processes and governance procedures. 4. Dividends and Distributions: The agreement may detail how dividends and profits will be distributed among the stockholders, taking into account factors such as the class of shares and the financial performance of the companies. 5. Shareholder Meetings: It establishes procedures for convening and conducting shareholder meetings, such as notice requirements, quorum requirements, and voting procedures. 6. Access to Information: The agreement may grant stockholders the right to access certain company information, such as financial statements, reports, and other relevant documents, to ensure transparency and shareholder involvement. 7. Dispute Resolution: It includes mechanisms for resolving disputes between the stockholders, such as mediation or arbitration, aiming to minimize potential legal conflicts. Types of Houston Texas Stockholders Agreements can vary based on the specific nature of the collaboration and the companies involved. For instance, variations may occur in regard to issues such as the duration of the agreement, anti-dilution provisions, drag-along rights, tag-along rights, and other considerations that reflect the unique circumstances of the parties involved. In conclusion, a Houston Texas Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legally binding document that establishes the rights and responsibilities of the stockholders. It ensures proper governance, protection of interests, and clear guidelines for decision-making processes within the companies.

A Houston Texas Stockholders Agreement is a legal document that outlines the rights, responsibilities, and obligations of the stockholders of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., all of which are parties to the agreement. This agreement serves to establish a framework for the governance and management of the companies in which stockholders have invested their capital. Key provisions of a typical Houston Texas Stockholders Agreement include: 1. Ownership and Transfer of Shares: The agreement identifies the number of shares owned by each stockholder and sets out the restrictions, if any, on the transfer of shares to third parties, ensuring that any transfers comply with applicable laws and regulations. 2. Voting Rights: The agreement outlines the voting rights of each stockholder, including provisions for majority and minority voting, as well as any special voting rights granted to certain classes of shares. 3. Management and Directorship: It delineates the composition and appointment process of the board of directors, specifying the number of directors and their qualifications. This section may also cover the rights and responsibilities of the board, including decision-making processes and governance procedures. 4. Dividends and Distributions: The agreement may detail how dividends and profits will be distributed among the stockholders, taking into account factors such as the class of shares and the financial performance of the companies. 5. Shareholder Meetings: It establishes procedures for convening and conducting shareholder meetings, such as notice requirements, quorum requirements, and voting procedures. 6. Access to Information: The agreement may grant stockholders the right to access certain company information, such as financial statements, reports, and other relevant documents, to ensure transparency and shareholder involvement. 7. Dispute Resolution: It includes mechanisms for resolving disputes between the stockholders, such as mediation or arbitration, aiming to minimize potential legal conflicts. Types of Houston Texas Stockholders Agreements can vary based on the specific nature of the collaboration and the companies involved. For instance, variations may occur in regard to issues such as the duration of the agreement, anti-dilution provisions, drag-along rights, tag-along rights, and other considerations that reflect the unique circumstances of the parties involved. In conclusion, a Houston Texas Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legally binding document that establishes the rights and responsibilities of the stockholders. It ensures proper governance, protection of interests, and clear guidelines for decision-making processes within the companies.