Pima Arizona Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMBH regarding Transfer of Shares to One or More Qualified Subsidiaries

• Category: Corporations - Public - Agreements - Transfers
• State: Multi-State
• County: Pima
• Control #: US-EG-9217
• Format: Word; Rich Text

Description

Transfer Agreement between Deutsche Telecom AG and NAB Nordamerika Beteiligungs Holding GMBH regarding the transfer of shares to one or more qualified subsidiaries dated December 29, 1999. 2 pages. Title: Overview of the Lima Arizona Transfer Agreement between Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH Keywords: Lima Arizona Transfer Agreement, Deutsche Telekom AG, NAB Nordamerika Beteiligungs Holding GmbH, Transfer of Shares, Qualified Subsidiaries Introduction: The Lima Arizona Transfer Agreement is a legally binding contract entered into between Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH. This agreement specifies the transfer of shares from one party to one or more of its qualified subsidiaries, as defined in the agreement. Let us delve into the details of this agreement, including its purpose, provisions, and possible variations. 1. Purpose: The Lima Arizona Transfer Agreement aims to facilitate the transfer of shares owned by Deutsche Telekom AG to its qualified subsidiaries under the jurisdiction of Lima, Arizona. The agreement serves as a legal framework ensuring compliance with regulatory requirements during the share transfer process. 2. Parties involved: a) Deutsche Telekom AG: A global telecommunications company based in Germany with subsidiaries and operations worldwide. b) NAB Nordamerika Beteiligungs Holding GmbH: A holding company affiliated with Deutsche Telekom AG, primarily responsible for managing and overseeing investments in North America. 3. Transfer of Shares: The central focus of the Lima Arizona Transfer Agreement is the transfer of shares held by Deutsche Telekom AG. These shares may be transferred to one or more qualified subsidiaries as outlined and defined in the agreement. The terms and conditions for the transfer process are included within the agreement, ensuring clarity and legal protection for all parties involved. 4. Qualified Subsidiaries: The agreement specifies the selection criteria and requirements for subsidiaries to qualify to receive the transferred shares. These criteria may include financial stability, compliance with applicable laws and regulations, and meeting specific operational benchmarks set by Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH. Different types of Lima Arizona Transfer Agreements: a) Lump-Sum Share Transfer Agreement: This variant of the Lima Arizona Transfer Agreement involves a one-time transfer of a predetermined number of shares from Deutsche Telekom AG to one or more qualified subsidiaries. The agreement specifies the monetary value or percentage of the shares being transferred. b) Staggered Share Transfer Agreement: Under this agreement, shares are transferred in a series of predetermined tranches or intervals. Deutsche Telekom AG may transfer shares to qualified subsidiaries gradually, aligning with specific target milestones or based on market conditions. This approach allows for a phased transfer of ownership while ensuring a more controlled and strategic process. c) Cross-Border Share Transfer Agreement: In certain cases, the Lima Arizona Transfer Agreement may involve transferring shares across international borders, possibly to qualified subsidiaries located in different countries. This agreement variant requires additional compliance with international laws, regulations, and tax implications. Conclusion: The Lima Arizona Transfer Agreement between Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH enables the orderly transfer of shares to one or more of its qualified subsidiaries based on the specified criteria. The agreement can take various forms, including lump-sum transfers, staggered transfers, and even cross-border transfers. By formalizing the share transfer process, this agreement ensures legal protection and compliance, ultimately contributing to the strategic management and growth of Deutsche Telekom AG's global operations.

Title: Overview of the Lima Arizona Transfer Agreement between Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH Keywords: Lima Arizona Transfer Agreement, Deutsche Telekom AG, NAB Nordamerika Beteiligungs Holding GmbH, Transfer of Shares, Qualified Subsidiaries Introduction: The Lima Arizona Transfer Agreement is a legally binding contract entered into between Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH. This agreement specifies the transfer of shares from one party to one or more of its qualified subsidiaries, as defined in the agreement. Let us delve into the details of this agreement, including its purpose, provisions, and possible variations. 1. Purpose: The Lima Arizona Transfer Agreement aims to facilitate the transfer of shares owned by Deutsche Telekom AG to its qualified subsidiaries under the jurisdiction of Lima, Arizona. The agreement serves as a legal framework ensuring compliance with regulatory requirements during the share transfer process. 2. Parties involved: a) Deutsche Telekom AG: A global telecommunications company based in Germany with subsidiaries and operations worldwide. b) NAB Nordamerika Beteiligungs Holding GmbH: A holding company affiliated with Deutsche Telekom AG, primarily responsible for managing and overseeing investments in North America. 3. Transfer of Shares: The central focus of the Lima Arizona Transfer Agreement is the transfer of shares held by Deutsche Telekom AG. These shares may be transferred to one or more qualified subsidiaries as outlined and defined in the agreement. The terms and conditions for the transfer process are included within the agreement, ensuring clarity and legal protection for all parties involved. 4. Qualified Subsidiaries: The agreement specifies the selection criteria and requirements for subsidiaries to qualify to receive the transferred shares. These criteria may include financial stability, compliance with applicable laws and regulations, and meeting specific operational benchmarks set by Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH. Different types of Lima Arizona Transfer Agreements: a) Lump-Sum Share Transfer Agreement: This variant of the Lima Arizona Transfer Agreement involves a one-time transfer of a predetermined number of shares from Deutsche Telekom AG to one or more qualified subsidiaries. The agreement specifies the monetary value or percentage of the shares being transferred. b) Staggered Share Transfer Agreement: Under this agreement, shares are transferred in a series of predetermined tranches or intervals. Deutsche Telekom AG may transfer shares to qualified subsidiaries gradually, aligning with specific target milestones or based on market conditions. This approach allows for a phased transfer of ownership while ensuring a more controlled and strategic process. c) Cross-Border Share Transfer Agreement: In certain cases, the Lima Arizona Transfer Agreement may involve transferring shares across international borders, possibly to qualified subsidiaries located in different countries. This agreement variant requires additional compliance with international laws, regulations, and tax implications. Conclusion: The Lima Arizona Transfer Agreement between Deutsche Telekom AG and NAB Nordamerika Beteiligungs Holding GmbH enables the orderly transfer of shares to one or more of its qualified subsidiaries based on the specified criteria. The agreement can take various forms, including lump-sum transfers, staggered transfers, and even cross-border transfers. By formalizing the share transfer process, this agreement ensures legal protection and compliance, ultimately contributing to the strategic management and growth of Deutsche Telekom AG's global operations.