Alabama Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

State:
Multi-State
Control #:
US-EG-9137
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Word; 
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Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 6 pages
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  • Preview Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
  • Preview Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
  • Preview Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
  • Preview Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser
  • Preview Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser

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FAQ

What Are Piggyback Registration Rights? Piggyback registration rights are a form of registration rights that grants the investor the right to register their unregistered stock when either the company or another investor initiates a registration.

Demand registration rights, where an investor can force a company to file a registration statement to register the holder's securities so the investor can sell them in the public market without restriction.

A registration right is a right entitling an investor who owns restricted stock to require that a company list the shares publicly so that the investor can sell them. Registration rights, if exercised, can force a privately-held company to become a publicly-traded company.

What Is Registration Right? A registration right is a right entitling an investor who owns restricted stock to require that a company list the shares publicly so that the investor can sell them. Registration rights, if exercised, can force a privately-held company to become a publicly-traded company.

If the seller complies with Rule 144, the sale will not violate the registration requirements of the Securities Act. Rule 144 imposes certain holding period, informational, volume, manner of sale and notice obligations in certain situations and for certain stockholders.

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Alabama Amendment No. 1 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser