Santa Clara California Investor Rights Agreement regarding the purchase of Series C Preferred Stock shares

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Santa Clara
• 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 Santa Clara California Investor Rights Agreement is a legal document that outlines the details and terms governing the purchase of Series C Preferred Stock shares by investors in Santa Clara, California. It serves to protect the rights and interests of both the investors and the issuing company. In this agreement, investors acquire Series C Preferred Stock shares, which typically come with certain rights and benefits. These shares are a form of equity ownership in the company, representing a higher level of priority and providing specific privileges when compared to common stock. The Santa Clara California Investor Rights Agreement specifies the rights and benefits associated with the Series C Preferred Stock shares, including but not limited to: 1. Voting Rights: Investors holding Series C Preferred Stock shares usually have the right to vote on significant company matters, such as the election of the board of directors. The agreement elucidates these voting rights and the procedures for exercising them. 2. Liquidation Preferences: The agreement outlines the terms regarding the priority of payments in the event of the company's liquidation, ensuring that investors with Series C Preferred Stock are given priority over common stockholders. 3. Dividend Rights: It details the dividend preferences and payment obligations associated with the Series C Preferred Stock shares, determining the frequency and minimum amounts payable to investors. 4. Conversion Rights: The agreement may include provisions allowing investors to convert their Series C Preferred Stock into common stock at a specified conversion ratio, enabling them to benefit from potential increases in the company's value. 5. Anti-dilution Protection: If the company issues additional shares at a lower price, the agreement may provide safeguarding measures to prevent dilution of the value of the Series C Preferred Stock shares held by investors. It is important to note that variations of the Santa Clara California Investor Rights Agreement may exist based on specific contractual negotiations between the company and investors. These variations could include provisions tailored to address unique circumstances or additional rights and privileges for different classes of Series C Preferred Stock shares. Some additional types of Santa Clara California Investor Rights Agreements related to the purchase of Series C Preferred Stock shares might include: 1. Series C-1 Investor Rights Agreement: This agreement is specific to a particular class of Series C Preferred Stock shares, distinguishing it from other classes and providing unique rights and provisions. 2. Series C-2 Investor Rights Agreement: Similar to the C-1 Agreement, this document sets forth the specific terms and conditions for Series C-2 Preferred Stock shares. 3. Modified Investor Rights Agreement: This type of agreement entails modifications or amendments to an existing Santa Clara California Investor Rights Agreement. These changes could be made to accommodate shifting circumstances or address specific concerns raised by investors or the company. It is essential for both investors and companies to thoroughly review and understand the Santa Clara California Investor Rights Agreement specific to Series C Preferred Stock shares before entering into any investment agreement. Seeking legal counsel is highly recommended ensuring compliance with relevant laws and to protect the rights and interests of all parties involved.

The Santa Clara California Investor Rights Agreement is a legal document that outlines the details and terms governing the purchase of Series C Preferred Stock shares by investors in Santa Clara, California. It serves to protect the rights and interests of both the investors and the issuing company. In this agreement, investors acquire Series C Preferred Stock shares, which typically come with certain rights and benefits. These shares are a form of equity ownership in the company, representing a higher level of priority and providing specific privileges when compared to common stock. The Santa Clara California Investor Rights Agreement specifies the rights and benefits associated with the Series C Preferred Stock shares, including but not limited to: 1. Voting Rights: Investors holding Series C Preferred Stock shares usually have the right to vote on significant company matters, such as the election of the board of directors. The agreement elucidates these voting rights and the procedures for exercising them. 2. Liquidation Preferences: The agreement outlines the terms regarding the priority of payments in the event of the company's liquidation, ensuring that investors with Series C Preferred Stock are given priority over common stockholders. 3. Dividend Rights: It details the dividend preferences and payment obligations associated with the Series C Preferred Stock shares, determining the frequency and minimum amounts payable to investors. 4. Conversion Rights: The agreement may include provisions allowing investors to convert their Series C Preferred Stock into common stock at a specified conversion ratio, enabling them to benefit from potential increases in the company's value. 5. Anti-dilution Protection: If the company issues additional shares at a lower price, the agreement may provide safeguarding measures to prevent dilution of the value of the Series C Preferred Stock shares held by investors. It is important to note that variations of the Santa Clara California Investor Rights Agreement may exist based on specific contractual negotiations between the company and investors. These variations could include provisions tailored to address unique circumstances or additional rights and privileges for different classes of Series C Preferred Stock shares. Some additional types of Santa Clara California Investor Rights Agreements related to the purchase of Series C Preferred Stock shares might include: 1. Series C-1 Investor Rights Agreement: This agreement is specific to a particular class of Series C Preferred Stock shares, distinguishing it from other classes and providing unique rights and provisions. 2. Series C-2 Investor Rights Agreement: Similar to the C-1 Agreement, this document sets forth the specific terms and conditions for Series C-2 Preferred Stock shares. 3. Modified Investor Rights Agreement: This type of agreement entails modifications or amendments to an existing Santa Clara California Investor Rights Agreement. These changes could be made to accommodate shifting circumstances or address specific concerns raised by investors or the company. It is essential for both investors and companies to thoroughly review and understand the Santa Clara California Investor Rights Agreement specific to Series C Preferred Stock shares before entering into any investment agreement. Seeking legal counsel is highly recommended ensuring compliance with relevant laws and to protect the rights and interests of all parties involved.