Mecklenburg North Carolina Investor Rights Agreement regarding the purchase of Series C Preferred Stock shares

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Mecklenburg
• 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. The Mecklenburg North Carolina Investor Rights Agreement pertaining to the purchase of Series C Preferred Stock shares is a legal document that outlines the rights and obligations of investors who hold these shares in Mecklenburg, a county located in the state of North Carolina. Under this agreement, investors who purchase Series C Preferred Stock shares are granted certain rights that aim to protect their interests and ensure they have a say in the decision-making process of the company they have invested in. These rights typically include the following: 1. Voting Rights: Investors holding Series C Preferred Stock shares are entitled to vote on certain matters that affect the company's operations and future. These matters may include the appointment of directors, mergers, acquisitions, and changes to the company's capital structure. 2. Information Rights: Investors have the right to access certain information about the company, including financial reports, business plans, and any other material information that may impact their investment. 3. Anti-Dilution Protection: The Mecklenburg North Carolina Investor Rights Agreement may include provisions that protect investors from dilution of their ownership stakes in the company. This protection ensures that if the company issues additional shares at a lower price than what the investors originally paid, they are granted additional shares or receive a price adjustment to maintain their proportional ownership. 4. Preemptive Rights: Investors may be given the opportunity to purchase additional shares of Series C Preferred Stock before they are offered to other investors, allowing them to maintain their ownership levels and protect their investment. It is important to note that while the above aspects are common in most Investor Rights Agreements, the specific terms and conditions may vary. Additionally, there may exist multiple variations or types of Mecklenburg North Carolina Investor Rights Agreements tailored to different rounds of funding or specific circumstances. These variations may be named based on the series of preferred stock they pertain to, such as Mecklenburg North Carolina Investor Rights Agreement for Series C-1 Preferred Stock or Mecklenburg North Carolina Investor Rights Agreement for Series C-2 Preferred Stock. These distinctions help differentiate the rights and terms applicable to each series of preferred stock.

The Mecklenburg North Carolina Investor Rights Agreement pertaining to the purchase of Series C Preferred Stock shares is a legal document that outlines the rights and obligations of investors who hold these shares in Mecklenburg, a county located in the state of North Carolina. Under this agreement, investors who purchase Series C Preferred Stock shares are granted certain rights that aim to protect their interests and ensure they have a say in the decision-making process of the company they have invested in. These rights typically include the following: 1. Voting Rights: Investors holding Series C Preferred Stock shares are entitled to vote on certain matters that affect the company's operations and future. These matters may include the appointment of directors, mergers, acquisitions, and changes to the company's capital structure. 2. Information Rights: Investors have the right to access certain information about the company, including financial reports, business plans, and any other material information that may impact their investment. 3. Anti-Dilution Protection: The Mecklenburg North Carolina Investor Rights Agreement may include provisions that protect investors from dilution of their ownership stakes in the company. This protection ensures that if the company issues additional shares at a lower price than what the investors originally paid, they are granted additional shares or receive a price adjustment to maintain their proportional ownership. 4. Preemptive Rights: Investors may be given the opportunity to purchase additional shares of Series C Preferred Stock before they are offered to other investors, allowing them to maintain their ownership levels and protect their investment. It is important to note that while the above aspects are common in most Investor Rights Agreements, the specific terms and conditions may vary. Additionally, there may exist multiple variations or types of Mecklenburg North Carolina Investor Rights Agreements tailored to different rounds of funding or specific circumstances. These variations may be named based on the series of preferred stock they pertain to, such as Mecklenburg North Carolina Investor Rights Agreement for Series C-1 Preferred Stock or Mecklenburg North Carolina Investor Rights Agreement for Series C-2 Preferred Stock. These distinctions help differentiate the rights and terms applicable to each series of preferred stock.