Registration Rights Agreement dated January 12, 1998. 23 pages
Oakland County, Michigan, Registration Rights Agreement refers to a legally-binding contract between Turn stone Systems, Inc. (the "Company") and a purchaser or investor, outlining the rights and obligations associated with the registration of securities issued by the Company. This agreement is designed to protect the purchaser's interest in the company and provide certain privileges related to the registration and public offering of securities. The Oakland County, Michigan, Registration Rights Agreement typically establishes the terms under which the Company agrees to register its securities with the U.S. Securities and Exchange Commission (SEC) and ensure their availability for public trading. It also outlines the purchaser's rights to demand registration of their securities, alongside the Company's responsibilities, such as preparing and filing proper registration documents and bearing the associated costs. In this agreement, both parties may include specific provisions addressing various scenarios, such as the number of securities to be registered, the timing and method of registration, and any lock-up periods that restrict the purchaser from selling their securities immediately upon registration. Additionally, the agreement may cover clauses related to piggyback registration rights, allowing the purchaser to include their securities in registration statements filed by the Company. Different types of Oakland County, Michigan, Registration Rights Agreements between Turn stone Systems, Inc. and a purchaser may include: 1. Demand Registration Rights Agreement: This grants the purchaser the right to require the Company to file a registration statement with the SEC, allowing the purchaser to sell their securities to the public. 2. Piggyback Registration Rights Agreement: This allows the purchaser to include their securities in any registration statements initiated by the Company, providing an opportunity to sell their securities alongside the Company's offerings. 3. Shelf Registration Rights Agreement: This agreement allows the purchaser to register their securities for future issuance and sale within a specific timeframe, providing flexibility in timing the sale of securities based on market conditions. 4. Form S-3 Registration Rights Agreement: This pertains to agreements in which the purchaser holds senior securities convertible into common stock, giving the purchaser the right to participate in registrations using the simplified registration process under Form S-3. These various types of agreements may be combined, modified, or customized based on the negotiation between Turn stone Systems, Inc. and the purchaser, as well as the specific objectives and requirements of both parties.
Oakland County, Michigan, Registration Rights Agreement refers to a legally-binding contract between Turn stone Systems, Inc. (the "Company") and a purchaser or investor, outlining the rights and obligations associated with the registration of securities issued by the Company. This agreement is designed to protect the purchaser's interest in the company and provide certain privileges related to the registration and public offering of securities. The Oakland County, Michigan, Registration Rights Agreement typically establishes the terms under which the Company agrees to register its securities with the U.S. Securities and Exchange Commission (SEC) and ensure their availability for public trading. It also outlines the purchaser's rights to demand registration of their securities, alongside the Company's responsibilities, such as preparing and filing proper registration documents and bearing the associated costs. In this agreement, both parties may include specific provisions addressing various scenarios, such as the number of securities to be registered, the timing and method of registration, and any lock-up periods that restrict the purchaser from selling their securities immediately upon registration. Additionally, the agreement may cover clauses related to piggyback registration rights, allowing the purchaser to include their securities in registration statements filed by the Company. Different types of Oakland County, Michigan, Registration Rights Agreements between Turn stone Systems, Inc. and a purchaser may include: 1. Demand Registration Rights Agreement: This grants the purchaser the right to require the Company to file a registration statement with the SEC, allowing the purchaser to sell their securities to the public. 2. Piggyback Registration Rights Agreement: This allows the purchaser to include their securities in any registration statements initiated by the Company, providing an opportunity to sell their securities alongside the Company's offerings. 3. Shelf Registration Rights Agreement: This agreement allows the purchaser to register their securities for future issuance and sale within a specific timeframe, providing flexibility in timing the sale of securities based on market conditions. 4. Form S-3 Registration Rights Agreement: This pertains to agreements in which the purchaser holds senior securities convertible into common stock, giving the purchaser the right to participate in registrations using the simplified registration process under Form S-3. These various types of agreements may be combined, modified, or customized based on the negotiation between Turn stone Systems, Inc. and the purchaser, as well as the specific objectives and requirements of both parties.