Wake North Carolina Amendment No. 1 to Registration Rights Agreement is a legal document that amends the original Registration Rights Agreement between Turn stone Systems, Inc. (the issuer) and the purchaser. This amendment specifically pertains to transactions or agreements related to Wake County, North Carolina. The primary purpose of this amendment is to modify the terms and conditions set forth in the original Registration Rights Agreement to better align with the specific regulations and procedures of Wake County. It may address various aspects, including but not limited to: 1. Registration Requirements: The amendment may outline the specific registration requirements that the issuer and purchaser must comply with in order to legally register securities within Wake County, North Carolina. It might cover the filing deadlines, necessary documentation, and any additional permits or licenses required by local authorities. 2. Transfer Restrictions: The amendment may provide provisions regarding any restrictions or limitations on the transferability of securities in Wake County. This could include rules related to insider trading, accreditation requirements, or compliance with state securities laws. 3. Reporting Obligations: Wake North Carolina Amendment No. 1 could address the precise reporting obligations that the issuer and purchaser must fulfill with regard to Wake County. This may involve reporting the issuance or transfer of securities, providing periodic financial statements, or disclosing any material information that may impact investors in Wake County. 4. Governing Law and Dispute Resolution: The amendment might establish that any disputes arising from the Registration Rights Agreement will be governed by the laws of Wake County, North Carolina. It may also designate Wake County as the exclusive jurisdiction for resolving such disputes, and outline the procedures for arbitration or litigation if necessary. It is important to note that the specific details and provisions within Wake North Carolina Amendment No. 1 may differ depending on the nature of the agreement, the parties involved, and the applicable securities regulations within Wake County. Therefore, it is essential to review the actual amendment and consult legal professionals for accurate and up-to-date information.
Wake North Carolina Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
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