Rights agreement 2025

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This document is Amendment No. 2 to the Registration Rights Agreement between Turnstone Systems, Inc. and its Series A and B Preferred Stock purchasers. It amends the registration rights granted to the Preferred Holders, specifically modifying Section 6(a) regarding notice of registration and including their securities in company registrations. The amendment also updates Section 6(b) by removing a provision related to initial public offerings. The agreement remains effective except for the changes specified.

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Click ‘Get Form’ to open the rights agreement in the editor.
Begin by reviewing the introductory section, which outlines the parties involved and the purpose of the amendment. Ensure all names and dates are accurate.
Move to the 'Recitals' section. Here, you will find important context regarding registration rights. Familiarize yourself with these terms as they set the stage for your obligations.
In the 'Agreement' section, focus on each numbered point. For instance, Section 6(a) details how notice of registration should be handled. Fill in any required fields based on your specific situation.
Complete any signature fields at the end of the document. Ensure that all parties sign where indicated to validate the agreement.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is a waiver of rights agreement?

Contractual Rights are rights given to a Party through a legally-binding contract. These can include copyrights and intellectual property rights. Contractual rights can be expressly written and they may also be inferred.

What is a legally binding agreement?

4 Common Types of Contracts Non-Disclosure Agreement. Companies often request or provide a Non-Disclosure Agreement (NDA) when they have sensitive or confidential information to disclose. Master Services Agreement. Order Form. Buy-Side Contracts.

What is a rights agreement?

A rights agreement is an anti-takeover initiative that companies assert to thwart a hostile takeover event by issuing Rights Certificates to shareholders. The document typically appoints a Rights Agent who is compensated to create and dispense the Rights Certificates accordingly.

What is a registration rights agreement?

Key Takeaways: A waiver of rights is a legal document where one party voluntarily gives up a legal right, often in exchange for compensation or other considerations. A waiver must be voluntary and intentional to be legally valid. Signing a waiver often means forfeiting the right to sue or seek compensation.