Travis Texas Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL

• Category: Corporations - Public
• State: Multi-State
• County: Travis
• Control #: US-EG-9425
• Format: Word; Rich Text

Description

Securityholders Agreement between GST Telecommunications, Inc. and Ocean Horizon, SRL dated February 28, 1997. 24 pages. Travis Texas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL — A Detailed Description The Travis Texas Security holders Agreement is a legally binding contract between GST Telecommunications, Inc. (referred to as "GST") and Ocean Horizon, NRL (referred to as "Ocean Horizon"). This agreement outlines the rights, obligations, and responsibilities of both parties in relation to the security holders' interests and investments. This agreement is primarily designed to protect the interests of the security holders — individuals or entities that have invested in GST Telecommunications, Inc. It establishes a framework for the relationship between GST and Ocean Horizon, ensuring a fair and transparent environment for all parties involved. Key terms and provisions in the Travis Texas Security holders Agreement may include the following: 1. Definitions: This section clearly defines the terms and phrases used throughout the agreement, ensuring clarity and consistency in interpretation. 2. Obligations and Responsibilities: The agreement outlines the obligations and responsibilities of both GST and Ocean Horizon, including details on how the investment funds will be managed, the distribution of profits, and the accountability of both parties. 3. Voting Rights: The agreement may detail the voting rights of security holders in relation to GST's corporate decisions, such as mergers, acquisitions, or changes to the company's structure. 4. Dividends and Distributions: This section specifies how and when dividends or distributions will be paid to the security holders, outlining the criteria and procedures for calculating and distributing these funds. 5. Transfer of Interests: The agreement covers the procedures, restrictions, and requirements for transferring security holder interests between parties. 6. Confidentiality and Non-Disclosure: This clause ensures that sensitive information shared between GST and Ocean Horizon remains confidential and prohibits the parties from disclosing it to any unauthorized third party. 7. Dispute Resolution: In case of any disputes, the agreement may outline the preferred method of resolution, such as arbitration or mediation, to avoid unnecessary litigation. Types of Travis Texas Security holders Agreements can vary based on the specific nature of the investment or the arrangement between GST Telecommunications, Inc. and Ocean Horizon, NRL. Some possible variations may include: 1. Preferred Security holders Agreement: This agreement may give certain security holders additional rights, such as priority in receiving dividends or distributions, or greater voting power in crucial decisions. 2. Convertible Notes Security holders Agreement: If the investment involves convertible notes, this agreement may outline the terms and conditions under which these notes can be converted into equity or other securities. 3. Minority Security holders Agreement: In situations where Ocean Horizon holds a minority interest in GST, this agreement may provide specific protections or rights to address any potential imbalances in decision-making or control. Remember, the exact content and specifications of the Travis Texas Security holders Agreement will depend on the unique circumstances and requirements of the parties involved.

Travis Texas Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL — A Detailed Description The Travis Texas Security holders Agreement is a legally binding contract between GST Telecommunications, Inc. (referred to as "GST") and Ocean Horizon, NRL (referred to as "Ocean Horizon"). This agreement outlines the rights, obligations, and responsibilities of both parties in relation to the security holders' interests and investments. This agreement is primarily designed to protect the interests of the security holders — individuals or entities that have invested in GST Telecommunications, Inc. It establishes a framework for the relationship between GST and Ocean Horizon, ensuring a fair and transparent environment for all parties involved. Key terms and provisions in the Travis Texas Security holders Agreement may include the following: 1. Definitions: This section clearly defines the terms and phrases used throughout the agreement, ensuring clarity and consistency in interpretation. 2. Obligations and Responsibilities: The agreement outlines the obligations and responsibilities of both GST and Ocean Horizon, including details on how the investment funds will be managed, the distribution of profits, and the accountability of both parties. 3. Voting Rights: The agreement may detail the voting rights of security holders in relation to GST's corporate decisions, such as mergers, acquisitions, or changes to the company's structure. 4. Dividends and Distributions: This section specifies how and when dividends or distributions will be paid to the security holders, outlining the criteria and procedures for calculating and distributing these funds. 5. Transfer of Interests: The agreement covers the procedures, restrictions, and requirements for transferring security holder interests between parties. 6. Confidentiality and Non-Disclosure: This clause ensures that sensitive information shared between GST and Ocean Horizon remains confidential and prohibits the parties from disclosing it to any unauthorized third party. 7. Dispute Resolution: In case of any disputes, the agreement may outline the preferred method of resolution, such as arbitration or mediation, to avoid unnecessary litigation. Types of Travis Texas Security holders Agreements can vary based on the specific nature of the investment or the arrangement between GST Telecommunications, Inc. and Ocean Horizon, NRL. Some possible variations may include: 1. Preferred Security holders Agreement: This agreement may give certain security holders additional rights, such as priority in receiving dividends or distributions, or greater voting power in crucial decisions. 2. Convertible Notes Security holders Agreement: If the investment involves convertible notes, this agreement may outline the terms and conditions under which these notes can be converted into equity or other securities. 3. Minority Security holders Agreement: In situations where Ocean Horizon holds a minority interest in GST, this agreement may provide specific protections or rights to address any potential imbalances in decision-making or control. Remember, the exact content and specifications of the Travis Texas Security holders Agreement will depend on the unique circumstances and requirements of the parties involved.