Los Angeles California Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

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

Description

Registration Rights Agreement dated January 12, 1998. 23 pages Los Angeles, California Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser A Los Angeles, California Registration Rights Agreement is a legally binding document between Turn stone Systems, Inc. (the "Company") and a Purchaser, outlining the rights and obligations of both parties regarding the registration of securities under the Securities Act of 1933, as amended. This agreement aims to govern the procedures and processes related to registering and selling securities in the Los Angeles market. The key purpose of this Registration Rights Agreement is to grant certain privileges to the Purchaser, enabling them to register their securities in compliance with applicable laws, regulations, and guidelines. It ensures that the Purchaser has the opportunity to sell or transfer their securities through the public markets, thereby providing liquidity and potential returns on their investments. The Los Angeles, California Registration Rights Agreement typically covers various aspects, including: 1. Demand Registration Rights: This type of Registration Rights Agreement permits the Purchaser to request that the Company register their securities with the appropriate regulatory authorities. The agreement specifies the specific procedures, timelines, and conditions under which the Company must initiate the registration process upon receiving a valid demand from the Purchaser. 2. Piggyback Registration Rights: Named after the metaphor of "riding on the back of a piggyback," this type of Registration Rights Agreement allows the Purchaser to include their securities for registration alongside any registration initiated by the Company or other stockholders. It grants the Purchaser the ability to take advantage of the Company's registration efforts and potentially sell their securities in the same offering, subject to certain limitations and conditions. 3. Form S-3 Registration Rights: This specific type of Registration Rights Agreement pertains to registration on Form S-3, a simplified registration form that can be used by certain eligible issuers to register securities for public offering. This provision allows the Purchaser to request that the Company register their securities on Form S-3 if they meet the necessary criteria, thereby streamlining the registration process. 4. Limitations and Restrictions: The Registration Rights Agreement may impose certain restrictions on the Purchaser, such as limitations on the number of shares that can be registered, blackout periods during which no registrations can occur, or the requirement for the Purchaser to bear the expenses associated with the registration process. In conclusion, a Los Angeles, California Registration Rights Agreement between Turn stone Systems, Inc. and a Purchaser is a vital legal document that outlines the rights and obligations related to the registration and sale of securities. This agreement grants the Purchaser certain privileges and ensures compliance with relevant securities laws. Different types of agreements, such as Demand Registration, Piggyback Registration, and Form S-3 Registration Rights may exist, each with its own specific provisions and conditions.

Los Angeles, California Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser A Los Angeles, California Registration Rights Agreement is a legally binding document between Turn stone Systems, Inc. (the "Company") and a Purchaser, outlining the rights and obligations of both parties regarding the registration of securities under the Securities Act of 1933, as amended. This agreement aims to govern the procedures and processes related to registering and selling securities in the Los Angeles market. The key purpose of this Registration Rights Agreement is to grant certain privileges to the Purchaser, enabling them to register their securities in compliance with applicable laws, regulations, and guidelines. It ensures that the Purchaser has the opportunity to sell or transfer their securities through the public markets, thereby providing liquidity and potential returns on their investments. The Los Angeles, California Registration Rights Agreement typically covers various aspects, including: 1. Demand Registration Rights: This type of Registration Rights Agreement permits the Purchaser to request that the Company register their securities with the appropriate regulatory authorities. The agreement specifies the specific procedures, timelines, and conditions under which the Company must initiate the registration process upon receiving a valid demand from the Purchaser. 2. Piggyback Registration Rights: Named after the metaphor of "riding on the back of a piggyback," this type of Registration Rights Agreement allows the Purchaser to include their securities for registration alongside any registration initiated by the Company or other stockholders. It grants the Purchaser the ability to take advantage of the Company's registration efforts and potentially sell their securities in the same offering, subject to certain limitations and conditions. 3. Form S-3 Registration Rights: This specific type of Registration Rights Agreement pertains to registration on Form S-3, a simplified registration form that can be used by certain eligible issuers to register securities for public offering. This provision allows the Purchaser to request that the Company register their securities on Form S-3 if they meet the necessary criteria, thereby streamlining the registration process. 4. Limitations and Restrictions: The Registration Rights Agreement may impose certain restrictions on the Purchaser, such as limitations on the number of shares that can be registered, blackout periods during which no registrations can occur, or the requirement for the Purchaser to bear the expenses associated with the registration process. In conclusion, a Los Angeles, California Registration Rights Agreement between Turn stone Systems, Inc. and a Purchaser is a vital legal document that outlines the rights and obligations related to the registration and sale of securities. This agreement grants the Purchaser certain privileges and ensures compliance with relevant securities laws. Different types of agreements, such as Demand Registration, Piggyback Registration, and Form S-3 Registration Rights may exist, each with its own specific provisions and conditions.