Kings New York Rights Agreement between Monsanto Company and Equiserve Trust Company, N.A.

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Kings
• Control #: US-EG-9204
• Format: Word; Rich Text

Description

Rights Agreement between Monsanto Company and Equiserve Trust Company, N.A. wherein each common stock (Right) represents the right to purchase a share of preferred stock within a certain period of time and the availability, cancellation, etc. of same The Kings New York Rights Agreement between Monsanto Company and Subserve Trust Company, N.A. is a legal contract that outlines the rights and conditions related to the ownership of Kings New York Rights. These rights are often offered to shareholders of Monsanto Company in certain circumstances. The agreement governs the transferability and exercise of Kings New York Rights, which are essentially options to purchase additional shares of the company's common stock. These rights are typically distributed to shareholders as a protective measure in the event of significant corporate actions, such as a merger, acquisition, or other transactions that may impact shareholders' ownership and voting rights. Key features of the Kings New York Rights Agreement include the following: 1. Exercise Price: The agreement stipulates the exercise price at which the Kings New York Rights can be exercised to purchase additional shares. This price is pre-determined and usually set at a premium to the market price of the company's stock. 2. Expiration Date: The agreement specifies the expiration date, which represents the deadline by which the Kings New York Rights must be exercised, or they will become void. 3. Trigger Events: The agreement identifies the specific events that would trigger the activation of the Kings New York Rights. These events are typically major circumstances that may impact the control or ownership of the company, such as a takeover attempt or a substantial accumulation of shares by a particular entity. 4. Rights Exercise Process: The agreement outlines the procedure for shareholders to exercise their Kings New York Rights, including the necessary documentation and timelines. Typically, this involves a notice of exercise provided to Subserve Trust Company, N.A., as the rights' agent, along with the appropriate payment. 5. Anti-Dilution Provisions: The agreement may also include anti-dilution provisions, which protect shareholders from the dilute effects of certain corporate actions, such as stock splits, dividends, or reorganizations. It's important to note that while the description above provides a general overview of a Kings New York Rights Agreement, it's possible that there may be different variations of this agreement between Monsanto Company and Subserve Trust Company, N.A., depending on the specific context and circumstances. Therefore, it is advisable to refer to the specific agreement in question for accurate and detailed information.

The Kings New York Rights Agreement between Monsanto Company and Subserve Trust Company, N.A. is a legal contract that outlines the rights and conditions related to the ownership of Kings New York Rights. These rights are often offered to shareholders of Monsanto Company in certain circumstances. The agreement governs the transferability and exercise of Kings New York Rights, which are essentially options to purchase additional shares of the company's common stock. These rights are typically distributed to shareholders as a protective measure in the event of significant corporate actions, such as a merger, acquisition, or other transactions that may impact shareholders' ownership and voting rights. Key features of the Kings New York Rights Agreement include the following: 1. Exercise Price: The agreement stipulates the exercise price at which the Kings New York Rights can be exercised to purchase additional shares. This price is pre-determined and usually set at a premium to the market price of the company's stock. 2. Expiration Date: The agreement specifies the expiration date, which represents the deadline by which the Kings New York Rights must be exercised, or they will become void. 3. Trigger Events: The agreement identifies the specific events that would trigger the activation of the Kings New York Rights. These events are typically major circumstances that may impact the control or ownership of the company, such as a takeover attempt or a substantial accumulation of shares by a particular entity. 4. Rights Exercise Process: The agreement outlines the procedure for shareholders to exercise their Kings New York Rights, including the necessary documentation and timelines. Typically, this involves a notice of exercise provided to Subserve Trust Company, N.A., as the rights' agent, along with the appropriate payment. 5. Anti-Dilution Provisions: The agreement may also include anti-dilution provisions, which protect shareholders from the dilute effects of certain corporate actions, such as stock splits, dividends, or reorganizations. It's important to note that while the description above provides a general overview of a Kings New York Rights Agreement, it's possible that there may be different variations of this agreement between Monsanto Company and Subserve Trust Company, N.A., depending on the specific context and circumstances. Therefore, it is advisable to refer to the specific agreement in question for accurate and detailed information.