NYPEN: Stockholders Agreement & Registration Rights Agreement
Invitation Link: http://guest.cvent.com/d/jdq6tt/4W
The New York Private Equity Network ("NYPEN") and Kirkland & Ellis LLP are pleased to invite you to the "Stockholders Agreement & Registration Rights Agreement" class in the NYPEN Legal Series, to be held on Monday, March 28, 2011.
This hands-on, practical class will provide an overview of stockholders agreements and registration rights agreements. The Stockholder Agreement is one of the critical documents in any private transaction where the private equity sponsor is investing alongside other sponsors, significant minority investors, or management. While highly technical, Registration Rights Agreements have become critical documents as private equity sponsors increasingly see initial public offerings as an important exit option. This highly interactive session will provide an opportunity for participants to understand the key aspects of these documents and their impact on:
- Governance (e.g. board seats, veto rights, information rights)
- Liquidity (e.g. tag along and drag along provisions, rights of first offer and refusal, puts and calls, forced IPO provisions, coordinating sales between multiple sponsors)
- Ability to effectuate public exits (what are demand rights and why do you need them? what are the relevant securities law considerations?)
The session will also focus on what market is, both for the controlling sponsor and for minority investors (including limited partner co-investors). This session is designed to function both as a stand-alone session and as a follow up to the previous session on Letters of Intent.
About the NYPEN Legal Series
Presented by NYPEN and Kirkland & Ellis LLP for the 8th year, the NYPEN Legal Series provides a fundamental overview of the structuring and documenting of private equity transactions from the perspective of private equity and venture capital investors.
Date: Monday, March 28, 2011
Time: 7:00pm - 8:30pm (followed by cocktails)
Location: Offices of Kirkland & Ellis LLP, PLEASE NOTE NEW ENTRANCE ON 601 Lexington Avenue (betw. 53rd and 54th Streets)