Wisconsin Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.

State:
Multi-State
Control #:
US-EG-9405
Format:
Word; 
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Description

Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc. regarding ownership of voting securities dated December 17, 1999. 19 pages.

The Wisconsin Standstill and Deposition Agreement is an important legal document between Efficient Networks, Inc. and Cable tron Systems, Inc. It is designed to regulate and protect the interests of both parties involved in a business transaction or potential merger. This agreement serves as a formal contract that outlines the terms and conditions under which Efficient Networks, Inc. and Cable tron Systems, Inc. agree to halt certain actions or halt the progression of a merger for a specified period known as the "standstill period." During this standstill period, both parties are required to refrain from pursuing certain activities that could alter their existing business relationship or affect the potential merger. Such activities may include soliciting or negotiating with any other prospective partners, acquiring significant shares or assets, initiating hostile takeover attempts, or taking any action to undermine the purpose of the agreement. The Wisconsin Standstill and Deposition Agreement aims to promote open and honest communication by allowing both parties to engage in limited discussions and negotiations to explore the possibility of a merger or alternative business partnership. Additionally, it ensures that neither party can take unilateral actions that might harm the other party's interests. There might be different types or versions of the Wisconsin Standstill and Deposition Agreement by Efficient Networks, Inc. and Cable tron Systems, Inc., which may vary based on specific circumstances or the duration of the standstill period. For instance, an agreement might be tailored for a short-term standstill period to allow for initial discussions and negotiations, while another agreement might cover a longer period to facilitate in-depth due diligence and regulatory approval processes. To emphasize the relevance of this content, let's include some relevant keywords: Wisconsin Standstill and Deposition Agreement, Efficient Networks, Inc., Cable tron Systems, Inc., merger, business relationship, standstill period, negotiations, hostile takeover attempts, business partnership, due diligence, regulatory approval.

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Wisconsin Standstill and Deposition Agreement by Efficient Networks, Inc. and Cabletron Systems, Inc.