Harris Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.

• Category: Corporations - Public - Standstill
• State: Multi-State
• County: Harris
• Control #: US-EG-9405
• Format: Word; Rich Text

Description

Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc. regarding ownership of voting securities dated December 17, 1999. 19 pages. The Harris Texas Standstill and Deposition Agreement, also referred to as the Efficient Networks, Inc. and Cable tron Systems, Inc. Standstill and Deposition Agreement, is a legally binding agreement between the two companies. It outlines specific terms and conditions regarding the standstill period and deposition procedures related to their business relationship. The standstill period refers to a mutually agreed-upon duration during which neither Efficient Networks, Inc. nor Cable tron Systems, Inc. will make any hostile takeover attempts or engage in actions that could harm the other party's business interests. This agreement ensures a period of stability and allows both companies to focus on their operations without the threat of hostile actions. The deposition agreement within this overall standstill arrangement specifies the terms and procedures for conducting depositions, which are recorded testimonies given by individuals involved in a legal matter. This agreement ensures that both Efficient Networks, Inc. and Cable tron Systems, Inc. will have access to necessary depositions, safeguards the privacy and confidentiality of the involved parties, and outlines the timing and logistical arrangements for conducting these depositions. It is worth mentioning that there may be variations of the Harris Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc., depending on factors such as the specific legal jurisdiction, industry regulations, and unique circumstances between the two companies. However, the core purpose of these agreements remains consistent — to define the standstill period and provide guidelines for conducting depositions. In conclusion, the Harris Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is a crucial document that ensures stability and protection for both companies during a specified period. It establishes guidelines for depositions, allowing for an organized and fair legal process while safeguarding the interests of all involved parties.

The Harris Texas Standstill and Deposition Agreement, also referred to as the Efficient Networks, Inc. and Cable tron Systems, Inc. Standstill and Deposition Agreement, is a legally binding agreement between the two companies. It outlines specific terms and conditions regarding the standstill period and deposition procedures related to their business relationship. The standstill period refers to a mutually agreed-upon duration during which neither Efficient Networks, Inc. nor Cable tron Systems, Inc. will make any hostile takeover attempts or engage in actions that could harm the other party's business interests. This agreement ensures a period of stability and allows both companies to focus on their operations without the threat of hostile actions. The deposition agreement within this overall standstill arrangement specifies the terms and procedures for conducting depositions, which are recorded testimonies given by individuals involved in a legal matter. This agreement ensures that both Efficient Networks, Inc. and Cable tron Systems, Inc. will have access to necessary depositions, safeguards the privacy and confidentiality of the involved parties, and outlines the timing and logistical arrangements for conducting these depositions. It is worth mentioning that there may be variations of the Harris Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc., depending on factors such as the specific legal jurisdiction, industry regulations, and unique circumstances between the two companies. However, the core purpose of these agreements remains consistent — to define the standstill period and provide guidelines for conducting depositions. In conclusion, the Harris Texas Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc. is a crucial document that ensures stability and protection for both companies during a specified period. It establishes guidelines for depositions, allowing for an organized and fair legal process while safeguarding the interests of all involved parties.