Kings New York Investors' Rights Agreement between Telocity, Inc., Existing Holders, and Founders

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Kings
• Control #: US-EG-9103
• Format: Word; Rich Text

Description

Second Amended and Restated Investment Rights Agreement of Telocity, Inc. dated December 13, 1999. 36 pages The Kings New York Investors' Rights Agreement is a crucial legal document that establishes the rights and protections of the investors, existing holders, and founders in the context of Velocity, Inc. This agreement ensures a fair and transparent framework for the investors to safeguard their interests and maintain confidence in their investment. The agreement outlines various key provisions that address the rights of the investors, existing holders, and founders. These provisions encompass a range of important aspects such as voting rights, information rights, registration rights, and anti-dilution protections. One type of Kings New York Investors' Rights Agreement is the Standard Investors' Rights Agreement. This agreement applies to all investors in Velocity, Inc., including angel investors, venture capitalists, and other accredited investors. It establishes the fundamental rights and protections applicable to all investors. Another type is the Founder Investors' Rights Agreement. This agreement is specifically designed to cater to the needs and requirements of the founders who are also investors in Velocity, Inc. It ensures that the founders receive the same degree of protection and privileges as other investors while considering their unique role as the initial visionaries and driving forces behind the company. The agreement grants investors certain voting rights, allowing them to participate in the decision-making process of Velocity, Inc. This ensures that investors have a say in important matters, including the appointment of directors, major corporate transactions, and amendments to the company's articles of incorporation. Information rights are also prominently addressed in the agreement. Investors are entitled to receive regular updates and financial reports from Velocity, Inc., enabling them to stay informed about the company's financial health and performance. This provision promotes transparency and accountability, fostering a healthy investor-company relationship. Furthermore, registration rights provide investors with the option to register their shares for public sale. This allows investors to liquidate their investment and exit the company if desired. Anti-dilution protections ensure that investors' ownership stakes are not unfairly diluted in the event of subsequent equity issuance by Velocity, Inc. The Kings New York Investors' Rights Agreement is a vital document that establishes trust and confidence in Velocity, Inc.'s investor community. By addressing the rights and protections of investors, existing holders, and founders, it creates a supportive environment for the company's growth and prosperity.

The Kings New York Investors' Rights Agreement is a crucial legal document that establishes the rights and protections of the investors, existing holders, and founders in the context of Velocity, Inc. This agreement ensures a fair and transparent framework for the investors to safeguard their interests and maintain confidence in their investment. The agreement outlines various key provisions that address the rights of the investors, existing holders, and founders. These provisions encompass a range of important aspects such as voting rights, information rights, registration rights, and anti-dilution protections. One type of Kings New York Investors' Rights Agreement is the Standard Investors' Rights Agreement. This agreement applies to all investors in Velocity, Inc., including angel investors, venture capitalists, and other accredited investors. It establishes the fundamental rights and protections applicable to all investors. Another type is the Founder Investors' Rights Agreement. This agreement is specifically designed to cater to the needs and requirements of the founders who are also investors in Velocity, Inc. It ensures that the founders receive the same degree of protection and privileges as other investors while considering their unique role as the initial visionaries and driving forces behind the company. The agreement grants investors certain voting rights, allowing them to participate in the decision-making process of Velocity, Inc. This ensures that investors have a say in important matters, including the appointment of directors, major corporate transactions, and amendments to the company's articles of incorporation. Information rights are also prominently addressed in the agreement. Investors are entitled to receive regular updates and financial reports from Velocity, Inc., enabling them to stay informed about the company's financial health and performance. This provision promotes transparency and accountability, fostering a healthy investor-company relationship. Furthermore, registration rights provide investors with the option to register their shares for public sale. This allows investors to liquidate their investment and exit the company if desired. Anti-dilution protections ensure that investors' ownership stakes are not unfairly diluted in the event of subsequent equity issuance by Velocity, Inc. The Kings New York Investors' Rights Agreement is a vital document that establishes trust and confidence in Velocity, Inc.'s investor community. By addressing the rights and protections of investors, existing holders, and founders, it creates a supportive environment for the company's growth and prosperity.