Bexar Texas Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Bexar
• Control #: US-EG-9136
• Format: Word; Rich Text

Description

Registration Rights Agreement dated January 12, 1998. 23 pages The Bexar Texas Registration Rights Agreement is a legal document that outlines the rights and obligations of Turn stone Systems, Inc. as the issuer of securities, and the purchaser of these securities in relation to the registration process with the Securities and Exchange Commission (SEC). This agreement ensures that the purchaser has the ability to register the acquired securities for public sale and sets forth the procedures and requirements for such registration. One type of Bexar Texas Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser is the "Demand Registration Rights Agreement." This type allows the purchaser to request Turn stone Systems, Inc. to register the securities with the SEC within a certain period, typically no more than three times. The purchaser bears the cost and expenses associated with the registration. Another type of Bexar Texas Registration Rights Agreement is the "Piggyback Registration Rights Agreement." In this agreement, the purchaser has the right to include their securities in a registration statement filed by Turn stone Systems, Inc. for its own securities. This allows the purchaser to "piggyback" on the registration process and benefit from the same registration rights as Turn stone Systems, Inc. The Bexar Texas Registration Rights Agreement also includes provisions related to the limitations on the number of securities that can be registered, the timing and duration of the registration process, the obligations of both parties regarding the supply of information and documents required for registration, and the indemnification and liability provisions. It is important to note that the specifics and terms of the Bexar Texas Registration Rights Agreement may vary depending on the negotiations between Turn stone Systems, Inc. and the purchaser. Therefore, it is crucial for both parties to carefully review and understand the agreement before entering into any financial transactions involving the securities of Turn stone Systems, Inc.

The Bexar Texas Registration Rights Agreement is a legal document that outlines the rights and obligations of Turn stone Systems, Inc. as the issuer of securities, and the purchaser of these securities in relation to the registration process with the Securities and Exchange Commission (SEC). This agreement ensures that the purchaser has the ability to register the acquired securities for public sale and sets forth the procedures and requirements for such registration. One type of Bexar Texas Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser is the "Demand Registration Rights Agreement." This type allows the purchaser to request Turn stone Systems, Inc. to register the securities with the SEC within a certain period, typically no more than three times. The purchaser bears the cost and expenses associated with the registration. Another type of Bexar Texas Registration Rights Agreement is the "Piggyback Registration Rights Agreement." In this agreement, the purchaser has the right to include their securities in a registration statement filed by Turn stone Systems, Inc. for its own securities. This allows the purchaser to "piggyback" on the registration process and benefit from the same registration rights as Turn stone Systems, Inc. The Bexar Texas Registration Rights Agreement also includes provisions related to the limitations on the number of securities that can be registered, the timing and duration of the registration process, the obligations of both parties regarding the supply of information and documents required for registration, and the indemnification and liability provisions. It is important to note that the specifics and terms of the Bexar Texas Registration Rights Agreement may vary depending on the negotiations between Turn stone Systems, Inc. and the purchaser. Therefore, it is crucial for both parties to carefully review and understand the agreement before entering into any financial transactions involving the securities of Turn stone Systems, Inc.