San Bernardino California Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

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

Description

Registration Rights Agreement dated January 12, 1998. 23 pages A San Bernardino California Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. (hereinafter referred to as the "Company") and a purchaser (hereinafter referred to as the "Purchaser"), outlining the rights and obligations of both parties regarding the registration of securities issued or to be issued by the Company. This agreement enables the Purchaser to have their shares registered with the U.S. Securities and Exchange Commission (SEC) and be traded on public stock exchanges. The Registration Rights Agreement ensures that the Company grants the Purchaser certain rights and benefits associated with the registration of their securities. These rights typically include demand registration rights, piggyback registration rights, and incidental registration rights. 1. Demand Registration Rights: This type of agreement allows the Purchaser to request the Company to register their securities for public sale at any time. The Purchaser has the right to demand that the Company files a registration statement with the SEC and undertake the necessary steps for public offering. 2. Piggyback Registration Rights: In the event that the Company decides to register any of its securities for public offering, the Purchaser has the right to include their securities in the registration and participate in the offering. This provision ensures that the Purchaser has the opportunity to sell their shares alongside the Company. 3. Incidental Registration Rights: This type of registration right provides the Purchaser with the ability to include their securities in any registration statement filed by the Company for shares issued to employees, directors, or as part of a merger or acquisition, subject to certain limitations. The San Bernardino California Registration Rights Agreement contains various clauses and provisions that cover the mechanics of the registration process, including timelines, expenses, indemnification, and representations and warranties. The agreement also addresses potential limitations and restrictions that the Purchaser may encounter during the registration process. It is important to note that the specific terms and conditions of the Registration Rights Agreement can vary depending on the negotiations between Turn stone Systems, Inc. and the Purchaser. Therefore, it is advisable to consult legal professionals to ensure the agreement accurately reflects the intentions and requirements of both parties. In conclusion, a San Bernardino California Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser is a crucial document that governs the registration of securities issued or to be issued by the Company. By granting specific rights to the Purchaser, this agreement facilitates the process of making those securities publicly tradable, ensuring compliance with SEC regulations and market requirements.

A San Bernardino California Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. (hereinafter referred to as the "Company") and a purchaser (hereinafter referred to as the "Purchaser"), outlining the rights and obligations of both parties regarding the registration of securities issued or to be issued by the Company. This agreement enables the Purchaser to have their shares registered with the U.S. Securities and Exchange Commission (SEC) and be traded on public stock exchanges. The Registration Rights Agreement ensures that the Company grants the Purchaser certain rights and benefits associated with the registration of their securities. These rights typically include demand registration rights, piggyback registration rights, and incidental registration rights. 1. Demand Registration Rights: This type of agreement allows the Purchaser to request the Company to register their securities for public sale at any time. The Purchaser has the right to demand that the Company files a registration statement with the SEC and undertake the necessary steps for public offering. 2. Piggyback Registration Rights: In the event that the Company decides to register any of its securities for public offering, the Purchaser has the right to include their securities in the registration and participate in the offering. This provision ensures that the Purchaser has the opportunity to sell their shares alongside the Company. 3. Incidental Registration Rights: This type of registration right provides the Purchaser with the ability to include their securities in any registration statement filed by the Company for shares issued to employees, directors, or as part of a merger or acquisition, subject to certain limitations. The San Bernardino California Registration Rights Agreement contains various clauses and provisions that cover the mechanics of the registration process, including timelines, expenses, indemnification, and representations and warranties. The agreement also addresses potential limitations and restrictions that the Purchaser may encounter during the registration process. It is important to note that the specific terms and conditions of the Registration Rights Agreement can vary depending on the negotiations between Turn stone Systems, Inc. and the Purchaser. Therefore, it is advisable to consult legal professionals to ensure the agreement accurately reflects the intentions and requirements of both parties. In conclusion, a San Bernardino California Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser is a crucial document that governs the registration of securities issued or to be issued by the Company. By granting specific rights to the Purchaser, this agreement facilitates the process of making those securities publicly tradable, ensuring compliance with SEC regulations and market requirements.