A San Jose California Security holders Agreement is a legally binding contract that outlines the rights and obligations of the shareholders in a specific partnership between GST Telecommunications, Inc. and Ocean Horizon, NRL. This agreement is intended to protect the interests of both parties and establish guidelines for decision-making, ownership, voting rights, and the transfer of shares. The primary purpose of the San Jose California Security holders Agreement is to ensure transparency and provide a framework for addressing any potential disputes or disagreements that may arise between the shareholders. It defines the roles and responsibilities of each party, sets out the rules for meetings and voting procedures, and establishes how decisions will be made. Key keywords related to this agreement include: 1. San Jose California: The location of the agreement, indicating that it falls under the jurisdiction and laws of San Jose, California. 2. Security holders Agreement: The specific type of agreement that governs the relationship between shareholders in a company. 3. GST Telecommunications, Inc.: One of the parties involved in the agreement, representing a telecommunications company. 4. Ocean Horizon, NRL: The other party involved in the agreement, representing another business entity, possibly from the telecommunications' industry as well. 5. Rights and obligations: The agreement outlines the specific rights and obligations of the parties involved, providing clarity and enforceability. 6. Decision-making: The agreement establishes a process for making important decisions within the partnership, ensuring that all parties have a voice. 7. Ownership and transfer of shares: The agreement defines how ownership of shares can be acquired or transferred by shareholders, including any potential restrictions or requirements. 8. Voting rights: The agreement dictates the rules and procedures for voting on matters related to the business, including the allocation of voting rights among the shareholders. It's essential to note that while there may not be different "types" of San Jose California Security holders Agreements between GST Telecommunications, Inc. and Ocean Horizon, NRL, there might be specific provisions or clauses that could differ from one agreement to another depending on the nature of their business relationship.