Nassau New York Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Nassau
• 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 Nassau New York Stockholders Agreement is a legally binding contract that outlines the rights and obligations of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., regarding their stock ownership and investment in the company. This agreement ensures transparency, clarity, and protection for all parties involved. The agreement covers various key aspects such as the terms of stock purchase, transfer restrictions, voting rights, dividends, and corporate governance. It aims to regulate the relationship between the stockholders and safeguard the interests of each party. Under the Nassau New York Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. establish their roles and responsibilities. They outline the decision-making processes and establish mechanisms for resolving any disputes that may arise in the future. Different types of Nassau New York Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. can include provisions such as drag-along rights, tag-along rights, and preemptive rights. Drag-along rights give the majority stockholders the power to compel minority stockholders to sell their shares in the event of a sale or merger, ensuring a unified decision and smooth transaction process. On the other hand, tag-along rights protect minority stockholders by allowing them to participate in a sale or transfer of shares initiated by the majority stockholders. This provision ensures that minority stockholders have the opportunity to sell their shares on the same terms and conditions. Preemptive rights provide existing stockholders the privilege to purchase additional shares before they are offered to outside investors during subsequent rounds of financing. This allows the existing stockholders to maintain their proportionate ownership in the company and protect their investment. Overall, the Nassau New York Stockholders Agreement serves as a comprehensive and legally binding document that establishes the rights and responsibilities of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It helps maintain trust and stability among the stockholders and contributes to the smooth operation and growth of the company.

Nassau New York Stockholders Agreement is a legally binding contract that outlines the rights and obligations of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., regarding their stock ownership and investment in the company. This agreement ensures transparency, clarity, and protection for all parties involved. The agreement covers various key aspects such as the terms of stock purchase, transfer restrictions, voting rights, dividends, and corporate governance. It aims to regulate the relationship between the stockholders and safeguard the interests of each party. Under the Nassau New York Stockholders Agreement, America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. establish their roles and responsibilities. They outline the decision-making processes and establish mechanisms for resolving any disputes that may arise in the future. Different types of Nassau New York Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. can include provisions such as drag-along rights, tag-along rights, and preemptive rights. Drag-along rights give the majority stockholders the power to compel minority stockholders to sell their shares in the event of a sale or merger, ensuring a unified decision and smooth transaction process. On the other hand, tag-along rights protect minority stockholders by allowing them to participate in a sale or transfer of shares initiated by the majority stockholders. This provision ensures that minority stockholders have the opportunity to sell their shares on the same terms and conditions. Preemptive rights provide existing stockholders the privilege to purchase additional shares before they are offered to outside investors during subsequent rounds of financing. This allows the existing stockholders to maintain their proportionate ownership in the company and protect their investment. Overall, the Nassau New York Stockholders Agreement serves as a comprehensive and legally binding document that establishes the rights and responsibilities of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. It helps maintain trust and stability among the stockholders and contributes to the smooth operation and growth of the company.