Idaho Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL The Idaho Security holders Agreement is a legally binding contract that outlines the rights and obligations of GST Telecommunications, Inc. and Ocean Horizon, NRL (the parties involved) regarding the ownership and transfer of securities in Idaho. This agreement is specifically designed to ensure a transparent and orderly process for managing securities and protecting the interests of both parties. Keywords: Idaho Security holders Agreement, GST Telecommunications, Inc., Ocean Horizon, NRL, securities, ownership, transfer, transparency, orderly process, interests Types of Idaho Security holders Agreement between GST Telecommunications, Inc. and Ocean Horizon, NRL: 1. Initial Security holders Agreement: This agreement is signed at the beginning of their business relationship, primarily establishing the foundation for holding and transferring securities. It sets the terms and conditions for both parties and lays out the specific rights and responsibilities they have concerning the ownership and transfer of securities in Idaho. 2. Amended Security holders Agreement: Over time, changes in circumstances or business operations might require the parties to modify the original agreement. An Amended Security holders Agreement outlines the agreed-upon amendments, additions, or deletions to the initial agreement. These changes could include adjustments to the ownership percentages, voting rights, restrictions on the transfer of securities, or any other terms that the parties need to modify. 3. Renewed or Extended Security holders Agreement: In certain situations, both parties might decide to extend the duration of their original agreement by signing a renewed or extended Security holders Agreement. This type of agreement is relevant when the initial agreement is nearing its expiration, and the parties wish to continue their security holding arrangement under revised terms or for an additional period. It helps ensure the ongoing protection of interests and consistent management of securities. 4. Termination Security holders Agreement: If GST Telecommunications, Inc. and Ocean Horizon, NRL want to terminate their security holding arrangement, a Termination Security holders Agreement is executed. This agreement sets out the terms and conditions for the final transfer or disposal of securities, outlines any obligations or payments due, and formally ends their relationship as security holders. By having specific types of Idaho Security holders Agreements, the parties involved can effectively manage their securities, adapt to changing circumstances, and maintain a clear understanding of their mutual rights and obligations.