Introduction: Phoenix, Arizona Amendment No. 1 to Registration Rights Agreement refers to a legal document that outlines modifications made to the original Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser. This agreement aims to provide the purchaser with certain rights related to registering securities with the Securities and Exchange Commission (SEC). The following is a detailed description of the Phoenix, Arizona Amendment No. 1 to Registration Rights Agreement, including its key components, purpose, and potential types. Key Components: 1. Parties involved: The Phoenix, Arizona Amendment No. 1 to Registration Rights Agreement involves two primary parties — Turnstone Systems, Inc. (the company) and the purchaser (an individual, group, or entity who bought or intends to purchase securities of Turn stone Systems, Inc.). 2. Registration Rights: The amendment defines the registration rights granted to the purchaser. Registration rights allow the purchaser to request the registration of their securities with the SEC, enabling the securities to be publicly traded in compliance with relevant laws and regulations. 3. Securities: The types of securities covered by the registration rights agreement may include common stock, preferred stock, warrants, or any other type of equity or convertible securities issued by Turn stone Systems, Inc. 4. Amendments: The Phoenix, Arizona Amendment No. 1 outlines the specific modifications made to the original Registration Rights Agreement. These amendments may include changes to the terms, conditions, registration process, or any other provision that the parties agree upon. Purpose: The purpose of the Phoenix, Arizona Amendment No. 1 to Registration Rights Agreement is to outline the revised terms and conditions related to the registration rights granted to the purchaser. It ensures that the purchaser can exercise their right to register their securities with the SEC in an effective and timely manner. Types of Amendments: While specific types of amendments may vary based on the negotiations between Turn stone Systems, Inc. and the purchaser, some potential types of Phoenix, Arizona Amendment No. 1 to Registration Rights Agreement could include: 1. Extension of Registration Deadline: The parties may agree to extend the original registration deadline specified in the initial agreement. This extension allows the purchaser more time to fulfill the necessary requirements for registration. 2. Expansion of Securities Coverage: The amendment may expand the types of securities eligible for registration, further empowering the purchaser to offer a broader range of securities for public trading. 3. Adjustment of Registration Expenses: The parties might agree to revise the allocation of registration expenses, such as legal fees, filing charges, and printing costs, between Turn stone Systems, Inc. and the purchaser. 4. Change in Piggyback Rights: The amendment could modify the piggyback rights provision, allowing the purchaser to register their securities in conjunction with certain offerings made by Turn stone Systems, Inc. Conclusion: In summary, the Phoenix, Arizona Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser denotes modifications made to the original agreement, granting the purchaser specific registration rights for their securities. This legal document ensures both parties are aware of their obligations, rights, and any changes to the initial agreement.
Phoenix Arizona Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
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How to fill out Phoenix Arizona Amendment No. 1 To Registration Rights Agreement Between Turnstone Systems, Inc. And Purchaser?
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