Title: Understanding Puerto Rico Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser Introduction: Puerto Rico Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and its Purchaser refers to a specific modification made to the original registration rights agreement between Turn stone Systems, Inc. (the company) and a purchaser (an investor or group of investors) related to securities registration and applicable regulations in Puerto Rico. This article aims to provide a detailed description of the agreement, emphasizing its key components and relevant details using appropriate keywords. Key Components of Puerto Rico Amendment No. 1 to Registration Rights Agreement: 1. Introduction to the Parties: The Puerto Rico Amendment No. 1 involves Turn stone Systems, Inc., a company potentially based either in Puerto Rico or with investments/issues relating to Puerto Rico's securities regulations. It also involves a purchaser, who could be an individual or a group of investors seeking to ensure compliance with legal registration obligations in Puerto Rico. 2. Background and Purpose of the Amendment: The article will highlight the reasons behind the amendment, such as addressing specific concerns raised by Puerto Rico's regulatory authorities or adapting the original agreement to comply with evolving local regulations. This context will help convey the significance of the amendment. 3. Detailed Amendments Made: Provide an explanation of the specific changes made in the amendment. This may include alterations to disclosure obligations, registration deadlines, eligibility criteria, or financial reporting requirements. The level of detail provided will depend on the available information and the importance of the modification. 4. Implications for Turn stone Systems, Inc.: Highlight the potential advantages or benefits for Turn stone Systems, Inc. resulting from the amendment. For example, the modification may enhance the company's ability to raise capital or improve its compliance standing in Puerto Rico's securities market. 5. Implications for the Purchaser(s): Explain how the amendment directly affects the purchaser(s) involved. Address possible impacts on their investment portfolio, risk exposure, or expectations regarding the registration and subsequent sale of securities. Different Types of Puerto Rico Amendment No. 1 to Registration Rights Agreement: Specify if there are different variations or versions of the Puerto Rico Amendment No. 1 within the agreement. For example, there could be multiple amendments tailored to various aspects of the registration process, such as disclosure requirements, investor commitments, or contractual obligations. Conclusion: In conclusion, Puerto Rico Amendment No. 1 to Registration Rights Agreement between Turn stone Systems, Inc. and Purchaser is a crucial document that ensures compliance with Puerto Rico's securities regulations. By describing the amendment's components and implications for both the company and the purchaser(s), this article aims to provide a comprehensive understanding of this important legal agreement.