Fairfax Virginia Investor Rights Agreement regarding the purchase of Series C Preferred Stock shares

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Fairfax
• Control #: US-EG-9283
• Format: Word; Rich Text

Description

Investory Rights Agreement between Apple Computer, Inc., Limited and Earthlink Networkd, Inc. dated January 4, 2000. 23 pages. Fairfax Virginia Investor Rights Agreement is a legal document that outlines the rights and obligations of investors who purchase Series C Preferred Stock shares in a company based in Fairfax, Virginia. This agreement is crucial in protecting the interests and ensuring fair treatment for investors. The Investor Rights Agreement typically covers several key aspects, including the rights and privileges associated with Series C Preferred Stock shares, the company's obligations towards investors, and any restrictions or limitations on investor activities. It establishes a framework for a transparent and mutually beneficial relationship between the company and its investors. Specifically, the Agreement outlines the following details: 1. Series C Preferred Stock Rights: The document specifies the rights and preferences associated with Series C Preferred Stock, such as dividend preferences, liquidation preferences, conversion rights, voting rights, and anti-dilution provisions. These rights vary according to the specific terms and conditions negotiated between the company and investors. 2. Information Rights: The agreement typically includes provisions that grant investors access to specific financial and operational information about the company. This may include regular financial statements, annual reports, and updates on significant events or changes that could affect the investment. 3. Board Representation: In some cases, the Investor Rights Agreement may grant investors the right to appoint a representative to the company's board of directors. This provision allows investors to have a voice in the decision-making process and ensures their interests are considered at the highest level. 4. Transfer Restrictions: The agreement may impose restrictions on the transfer or sale of Series C Preferred Stock shares. Such restrictions aim to prevent uncontrolled transfers and maintain the stability of the investor base. Common provisions include a right of first refusal, lock-up periods, and restrictions on selling to competitors. 5. Registration Rights: If the company plans to go public, the Investor Rights Agreement may grant investors certain rights to register their shares for public sale. These provisions ensure that investors have the opportunity to liquidate their investment and be included in any future public offering. It is important to note that while Fairfax Virginia Investor Rights Agreement generally follows a standard outline, the specific terms and conditions may vary between companies or investors. Various versions, amendments, or addendums may exist, often denoted by additional letters or numbers (e.g., Series D Investor Rights Agreement, Fairfax Virginia Investor Rights Agreement — Amendment 1, etc.) to distinguish between different agreements or modifications made over time. In conclusion, the Fairfax Virginia Investor Rights Agreement regarding the purchase of Series C Preferred Stock shares is a legally binding document that clarifies the rights, duties, and obligations of both the company and its investors. It establishes a framework for a transparent and fair investment relationship, ensuring the interests of all parties involved are protected.

Fairfax Virginia Investor Rights Agreement is a legal document that outlines the rights and obligations of investors who purchase Series C Preferred Stock shares in a company based in Fairfax, Virginia. This agreement is crucial in protecting the interests and ensuring fair treatment for investors. The Investor Rights Agreement typically covers several key aspects, including the rights and privileges associated with Series C Preferred Stock shares, the company's obligations towards investors, and any restrictions or limitations on investor activities. It establishes a framework for a transparent and mutually beneficial relationship between the company and its investors. Specifically, the Agreement outlines the following details: 1. Series C Preferred Stock Rights: The document specifies the rights and preferences associated with Series C Preferred Stock, such as dividend preferences, liquidation preferences, conversion rights, voting rights, and anti-dilution provisions. These rights vary according to the specific terms and conditions negotiated between the company and investors. 2. Information Rights: The agreement typically includes provisions that grant investors access to specific financial and operational information about the company. This may include regular financial statements, annual reports, and updates on significant events or changes that could affect the investment. 3. Board Representation: In some cases, the Investor Rights Agreement may grant investors the right to appoint a representative to the company's board of directors. This provision allows investors to have a voice in the decision-making process and ensures their interests are considered at the highest level. 4. Transfer Restrictions: The agreement may impose restrictions on the transfer or sale of Series C Preferred Stock shares. Such restrictions aim to prevent uncontrolled transfers and maintain the stability of the investor base. Common provisions include a right of first refusal, lock-up periods, and restrictions on selling to competitors. 5. Registration Rights: If the company plans to go public, the Investor Rights Agreement may grant investors certain rights to register their shares for public sale. These provisions ensure that investors have the opportunity to liquidate their investment and be included in any future public offering. It is important to note that while Fairfax Virginia Investor Rights Agreement generally follows a standard outline, the specific terms and conditions may vary between companies or investors. Various versions, amendments, or addendums may exist, often denoted by additional letters or numbers (e.g., Series D Investor Rights Agreement, Fairfax Virginia Investor Rights Agreement — Amendment 1, etc.) to distinguish between different agreements or modifications made over time. In conclusion, the Fairfax Virginia Investor Rights Agreement regarding the purchase of Series C Preferred Stock shares is a legally binding document that clarifies the rights, duties, and obligations of both the company and its investors. It establishes a framework for a transparent and fair investment relationship, ensuring the interests of all parties involved are protected.