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

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Multi-State
Control #:
US-EG-9137
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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 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.

?Definition? A registration rights provision in a term sheet allows an investor to require a company to register the investor's shares with the SEC when certain conditions are met, ensuring that the investor has the opportunity to sell their shares in the public market.

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.

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.

An Investor Rights Agreement (IRA) is an agreement between an investor and a company that contractually guarantees the investor certain rights including, but not limited to, voting rights, inspection rights, rights of first refusal, and observer rights.

Demand registration rights enable the stockholder to require the issuer to register all or a portion of its shares. Piggyback registration rights allow a stockholder to include shares in a registration being effected by the issuer either for its own account or for the benefit of other selling stockholders.

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