Cook Illinois Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

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

Description

Registration Rights Agreement dated January 12, 1998. 23 pages The Cook Illinois Registration Rights Agreement is a contract that outlines the rights and responsibilities of Turn stone Systems, Inc. (the "Company") and its purchasers in regard to the registration of securities. This agreement is meant to ensure transparency and protection for both the Company and the purchasers. Under the Cook Illinois Registration Rights Agreement, the Company agrees to register its securities with the relevant regulatory authorities, such as the Securities and Exchange Commission (SEC), in a timely manner. This registration allows the purchasers to freely trade their securities in the public market, ensuring liquidity and potential returns on their investments. The agreement outlines various provisions, including the registration process, the disclosure of financial information, and the transfer restrictions placed on the securities. It also specifies the obligations of the Company to maintain the effectiveness of the registration, including the cooperation required from the Company in responding to any regulatory inquiries or requests for additional information. Different types of Cook Illinois Registration Rights Agreements may exist between Turn stone Systems, Inc. and the purchasers, depending on the specific terms and conditions agreed upon. These may include: 1. Demand Registration Rights: This type of agreement grants the purchasers the right to demand that the Company register their securities within a certain time frame. The number of demands may be restricted, and the Company may have the option to delay the registration under certain circumstances. 2. Piggyback Registration Rights: With this type of agreement, the purchasers have the right to include their securities in any registration statement filed by the Company. This allows them to "piggyback" on the Company's registration process, saving costs and efforts associated with separate registrations. 3. Form S-3 Registration Rights: If the Company is eligible to use Form S-3, a simplified registration form for well-established companies, the purchasers may have the right to include their securities in the Company's registration on Form S-3. 4. Shelf Registration Rights: This type of agreement allows the purchasers to have their securities registered for sale in advance, without the need for immediate issuance or sale. This provides flexibility to the purchasers in timing their sales and enables them to take advantage of favorable market conditions. In conclusion, the Cook Illinois Registration Rights Agreement between Turn stone Systems, Inc. and its purchasers is a comprehensive agreement that governs the registration process for securities. It ensures the rights and obligations of both parties, allowing purchasers to freely trade their securities and providing transparency and protection for all parties involved.

The Cook Illinois Registration Rights Agreement is a contract that outlines the rights and responsibilities of Turn stone Systems, Inc. (the "Company") and its purchasers in regard to the registration of securities. This agreement is meant to ensure transparency and protection for both the Company and the purchasers. Under the Cook Illinois Registration Rights Agreement, the Company agrees to register its securities with the relevant regulatory authorities, such as the Securities and Exchange Commission (SEC), in a timely manner. This registration allows the purchasers to freely trade their securities in the public market, ensuring liquidity and potential returns on their investments. The agreement outlines various provisions, including the registration process, the disclosure of financial information, and the transfer restrictions placed on the securities. It also specifies the obligations of the Company to maintain the effectiveness of the registration, including the cooperation required from the Company in responding to any regulatory inquiries or requests for additional information. Different types of Cook Illinois Registration Rights Agreements may exist between Turn stone Systems, Inc. and the purchasers, depending on the specific terms and conditions agreed upon. These may include: 1. Demand Registration Rights: This type of agreement grants the purchasers the right to demand that the Company register their securities within a certain time frame. The number of demands may be restricted, and the Company may have the option to delay the registration under certain circumstances. 2. Piggyback Registration Rights: With this type of agreement, the purchasers have the right to include their securities in any registration statement filed by the Company. This allows them to "piggyback" on the Company's registration process, saving costs and efforts associated with separate registrations. 3. Form S-3 Registration Rights: If the Company is eligible to use Form S-3, a simplified registration form for well-established companies, the purchasers may have the right to include their securities in the Company's registration on Form S-3. 4. Shelf Registration Rights: This type of agreement allows the purchasers to have their securities registered for sale in advance, without the need for immediate issuance or sale. This provides flexibility to the purchasers in timing their sales and enables them to take advantage of favorable market conditions. In conclusion, the Cook Illinois Registration Rights Agreement between Turn stone Systems, Inc. and its purchasers is a comprehensive agreement that governs the registration process for securities. It ensures the rights and obligations of both parties, allowing purchasers to freely trade their securities and providing transparency and protection for all parties involved.