Registration Rights Agreement dated January 12, 1998. 23 pages
A Salt Lake Utah Registration Rights Agreement refers to a legal contract between Turn stone Systems, Inc. and a purchaser, specifically in the Salt Lake, Utah area. This agreement outlines the purchaser's rights and obligations concerning the registration of securities issued by Turn stone Systems, Inc. The primary purpose of this agreement is to ensure transparency, promote fairness, and establish guidelines for the registration process. In the context of Salt Lake Utah, several types of Registration Rights Agreements may exist between Turn stone Systems, Inc. and purchasers, including: 1. "Standard Registration Rights Agreement": This agreement establishes the basic rights and obligations of the purchaser for registering their securities with the relevant regulatory authorities in Salt Lake, Utah. It typically includes provisions related to the filing, timing, and expenses associated with registration. 2. "Demand Registration Rights Agreement": In addition to the standard rights, this type of agreement grants the purchaser the right to demand that Turn stone Systems, Inc. register their securities with the regulatory authorities. This demand can typically be made at any time, subject to certain conditions outlined in the agreement. 3. "Piggyback Registration Rights Agreement": This agreement provides the purchaser with the opportunity to include their securities in registration statements filed by Turn stone Systems, Inc. for its own offerings. If Turn stone Systems, Inc. plans to register its securities, the purchaser can "piggyback" on this registration, saving time and costs. 4. "Registration Rights Agreement with Lock-up Period": This type of agreement may include a lock-up period, during which the purchaser agrees not to sell or transfer their registered securities for a specified period after the effective date of the registration statement. This lock-up period helps to stabilize the market and prevent potential disruptions in the stock's trading. In conclusion, a Salt Lake Utah Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser is a legal contract that establishes the purchaser's rights and obligations regarding the registration of securities in Salt Lake, Utah. Different types of agreements may exist, such as Standard, Demand, Piggyback, or agreements with a lock-up period. These agreements aim to ensure transparency, fairness, and efficient registration processes within the Salt Lake, Utah jurisdiction.
A Salt Lake Utah Registration Rights Agreement refers to a legal contract between Turn stone Systems, Inc. and a purchaser, specifically in the Salt Lake, Utah area. This agreement outlines the purchaser's rights and obligations concerning the registration of securities issued by Turn stone Systems, Inc. The primary purpose of this agreement is to ensure transparency, promote fairness, and establish guidelines for the registration process. In the context of Salt Lake Utah, several types of Registration Rights Agreements may exist between Turn stone Systems, Inc. and purchasers, including: 1. "Standard Registration Rights Agreement": This agreement establishes the basic rights and obligations of the purchaser for registering their securities with the relevant regulatory authorities in Salt Lake, Utah. It typically includes provisions related to the filing, timing, and expenses associated with registration. 2. "Demand Registration Rights Agreement": In addition to the standard rights, this type of agreement grants the purchaser the right to demand that Turn stone Systems, Inc. register their securities with the regulatory authorities. This demand can typically be made at any time, subject to certain conditions outlined in the agreement. 3. "Piggyback Registration Rights Agreement": This agreement provides the purchaser with the opportunity to include their securities in registration statements filed by Turn stone Systems, Inc. for its own offerings. If Turn stone Systems, Inc. plans to register its securities, the purchaser can "piggyback" on this registration, saving time and costs. 4. "Registration Rights Agreement with Lock-up Period": This type of agreement may include a lock-up period, during which the purchaser agrees not to sell or transfer their registered securities for a specified period after the effective date of the registration statement. This lock-up period helps to stabilize the market and prevent potential disruptions in the stock's trading. In conclusion, a Salt Lake Utah Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser is a legal contract that establishes the purchaser's rights and obligations regarding the registration of securities in Salt Lake, Utah. Different types of agreements may exist, such as Standard, Demand, Piggyback, or agreements with a lock-up period. These agreements aim to ensure transparency, fairness, and efficient registration processes within the Salt Lake, Utah jurisdiction.