Iowa Amendment No. 1 to Registration Rights Agreement is a legal document that modifies the terms and conditions of the original Registration Rights Agreement between Turn stone Systems, Inc. (the issuer) and the purchaser. This amendment is specific to the state of Iowa, and it presents various changes to the rights and obligations of the parties involved. Here is a detailed description of the key aspects of Iowa Amendment No. 1: 1. Parties: The Amendment identifies Turn stone Systems, Inc. as the issuer and the purchaser, whose name may vary depending on the specific case. It is essential to mention that the identities of the parties involved may differ in each agreement. 2. Registration Rights: This amendment provides further clarity and modifications to the registration rights granted to the purchaser. It outlines the specific conditions, limitations, and procedures associated with the registration of securities issued by the company. By registering these securities, the purchaser gains the ability to sell or transfer them in compliance with the law. 3. Notice and Demand: Iowa Amendment No. 1 outlines the revised provisions for providing notice and demand requirements to the issuer. It may specify the preferred method of communication, such as via certified mail or electronic means. 4. Demand Registration: This section of the amendment describes the revised processes and conditions for the purchaser to request the issuer to register their securities. It may specify the minimum number or value of securities required for the purchaser to trigger a demand registration, as well as the timeframes within which the issuer must comply. 5. Piggyback Rights: Iowa Amendment No. 1 may introduce changes to the purchaser's piggyback registration rights. These rights enable the purchaser to include their securities in the issuer's public registration statements, which may be filed in connection with an initial public offering (IPO) or other offerings. 6. Indemnification: This section of the amendment deals with the updated provisions regarding indemnification. It outlines the extent to which the issuer is responsible for defending and compensating the purchaser against any losses, damages, or liabilities arising from the registration of securities. 7. Governing Law and Jurisdiction: Iowa Amendment No. 1 may specify that the agreement is governed by and interpreted in accordance with the laws of the state of Iowa. It may also indicate the jurisdiction where any disputes or legal actions related to the agreement must be resolved. It's important to note that the specific variations or types of Iowa Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser may differ on a case-by-case basis. Different purchasers may have unique requirements, resulting in varied amendments addressing their specific needs.