Riverside California Stockholders Agreement between America Online, Inc., MQ Acquisition, Inc., and Mapquest.Com, Inc.

• Category: Corporations - Public - Stockholder
• State: Multi-State
• County: Riverside
• 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 Riverside California Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legal document that outlines the rights, obligations, and responsibilities of the shareholders. This agreement is specifically related to the companies' operations and activities in Riverside, California, and is designed to protect the interests of all involved parties. Key provisions within the Riverside California Stockholders Agreement may include: 1. Ownership and Voting Rights: The agreement specifies the ownership stakes held by each company and outlines the voting rights corresponding to these shares. It determines how voting decisions are made, including procedures for voting on major issues, elections of directors, and other corporate actions. 2. Transfer of Shares: The agreement addresses the restrictions and regulations on the transfer of shares between the parties. It may include provisions like preemptive rights (giving existing shareholders the first opportunity to purchase shares being sold by other shareholders), drag-along rights (allowing majority shareholders to force minority shareholders to sell their shares in certain circumstances), or tag-along rights (granting minority shareholders the ability to accompany majority shareholder sales). 3. Board Representation: The agreement may outline the composition of the board of directors, including the number of directors appointed by each party. It may also specify the process for electing, removing, and replacing directors. 4. Dividend Policy: The agreement may detail the dividend policy, specifying how and when dividends are distributed to shareholders, taking into account the financial performance and liquidity of the company. 5. Information and Inspection Rights: Shareholders may have the right to access certain financial and operational information about the company. The agreement may set guidelines for providing annual reports, financial statements, and other relevant company information. 6. Non-Compete and Confidentiality: The agreement may contain provisions prohibiting shareholders from engaging in activities that compete with the company's business or disclosing proprietary information to third parties. 7. Dispute Resolution: The agreement may establish a process for resolving disputes between the parties, such as mandatory mediation or arbitration, to avoid lengthy and costly legal proceedings. 8. Termination and Exit: The agreement may define conditions under which the agreement can be terminated, including the sale, merger, or dissolution of the company. It may also outline the rights and obligations of the parties upon termination. Different types of Riverside California Stockholders Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., could include variations based on the specific requirements and circumstances of the companies involved. These could include agreements tailored to different business sectors, contractual periods, financial arrangements, or size of investment. In summary, a Riverside California Stockholders Agreement is a legally binding document that governs the relationships and interactions between shareholders of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. The agreement aims to protect the rights and interests of each party and ensures smooth operations in the context of their activities in Riverside, California.

A Riverside California Stockholders Agreement between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. is a legal document that outlines the rights, obligations, and responsibilities of the shareholders. This agreement is specifically related to the companies' operations and activities in Riverside, California, and is designed to protect the interests of all involved parties. Key provisions within the Riverside California Stockholders Agreement may include: 1. Ownership and Voting Rights: The agreement specifies the ownership stakes held by each company and outlines the voting rights corresponding to these shares. It determines how voting decisions are made, including procedures for voting on major issues, elections of directors, and other corporate actions. 2. Transfer of Shares: The agreement addresses the restrictions and regulations on the transfer of shares between the parties. It may include provisions like preemptive rights (giving existing shareholders the first opportunity to purchase shares being sold by other shareholders), drag-along rights (allowing majority shareholders to force minority shareholders to sell their shares in certain circumstances), or tag-along rights (granting minority shareholders the ability to accompany majority shareholder sales). 3. Board Representation: The agreement may outline the composition of the board of directors, including the number of directors appointed by each party. It may also specify the process for electing, removing, and replacing directors. 4. Dividend Policy: The agreement may detail the dividend policy, specifying how and when dividends are distributed to shareholders, taking into account the financial performance and liquidity of the company. 5. Information and Inspection Rights: Shareholders may have the right to access certain financial and operational information about the company. The agreement may set guidelines for providing annual reports, financial statements, and other relevant company information. 6. Non-Compete and Confidentiality: The agreement may contain provisions prohibiting shareholders from engaging in activities that compete with the company's business or disclosing proprietary information to third parties. 7. Dispute Resolution: The agreement may establish a process for resolving disputes between the parties, such as mandatory mediation or arbitration, to avoid lengthy and costly legal proceedings. 8. Termination and Exit: The agreement may define conditions under which the agreement can be terminated, including the sale, merger, or dissolution of the company. It may also outline the rights and obligations of the parties upon termination. Different types of Riverside California Stockholders Agreements between America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc., could include variations based on the specific requirements and circumstances of the companies involved. These could include agreements tailored to different business sectors, contractual periods, financial arrangements, or size of investment. In summary, a Riverside California Stockholders Agreement is a legally binding document that governs the relationships and interactions between shareholders of America Online, Inc., ME Acquisition, Inc., and MapQuest. Com, Inc. The agreement aims to protect the rights and interests of each party and ensures smooth operations in the context of their activities in Riverside, California.