North Carolina Registration Rights Agreement between IGEN International, Inc. and purchasers regarding sale of shares

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9343
• Format: Word; Rich Text

Description

Registration Rights Agreement between IGEN International, Inc. and purchasers regarding sale of shares dated January 11, 2000. 23 pages. The North Carolina Registration Rights Agreement, established between GEN International, Inc. and purchasers, pertains to the sale of shares and outlines the rights and obligations of both parties regarding the registration of these shares with the appropriate regulatory authorities. This agreement ensures that purchasers have the ability to sell or transfer their shares in compliance with state and federal securities laws. North Carolina Registration Rights Agreement types: 1. Piggyback Registration: This type of registration grants the purchasers the right to include their shares in a registration statement filed by GEN International, Inc. This allows them to offer their shares alongside the company's shares, hence "piggybacking" on the company's registration. 2. Demand Registration: In a demand registration, purchasers hold the right to request GEN International, Inc. to file a registration statement on their behalf. This is usually exercised when the purchasers desire to sell a significant number of shares and want the company to facilitate such a transaction. 3. Shelf Registration: A shelf registration permits purchasers to sell their shares in an "off-the-shelf" manner, without requiring the company to file a separate registration statement each time-shares are to be sold. This type of registration typically provides flexibility and efficiency for purchasers, as it allows for quick access to the market. 4. Form S-3 Offering: Form S-3 is a simplified securities' registration form used by companies that meet specific requirements. In the context of the agreement, it allows purchasers meeting the eligibility criteria to request registration on Form S-3, which enables them to offer their shares for sale to the public under relaxed filing requirements. These various types of North Carolina Registration Rights Agreements provide purchasers with the necessary tools to ensure their shares can be sold in compliance with relevant regulations, while also providing flexibility for accessing the market and streamlining the registration process.

The North Carolina Registration Rights Agreement, established between GEN International, Inc. and purchasers, pertains to the sale of shares and outlines the rights and obligations of both parties regarding the registration of these shares with the appropriate regulatory authorities. This agreement ensures that purchasers have the ability to sell or transfer their shares in compliance with state and federal securities laws. North Carolina Registration Rights Agreement types: 1. Piggyback Registration: This type of registration grants the purchasers the right to include their shares in a registration statement filed by GEN International, Inc. This allows them to offer their shares alongside the company's shares, hence "piggybacking" on the company's registration. 2. Demand Registration: In a demand registration, purchasers hold the right to request GEN International, Inc. to file a registration statement on their behalf. This is usually exercised when the purchasers desire to sell a significant number of shares and want the company to facilitate such a transaction. 3. Shelf Registration: A shelf registration permits purchasers to sell their shares in an "off-the-shelf" manner, without requiring the company to file a separate registration statement each time-shares are to be sold. This type of registration typically provides flexibility and efficiency for purchasers, as it allows for quick access to the market. 4. Form S-3 Offering: Form S-3 is a simplified securities' registration form used by companies that meet specific requirements. In the context of the agreement, it allows purchasers meeting the eligibility criteria to request registration on Form S-3, which enables them to offer their shares for sale to the public under relaxed filing requirements. These various types of North Carolina Registration Rights Agreements provide purchasers with the necessary tools to ensure their shares can be sold in compliance with relevant regulations, while also providing flexibility for accessing the market and streamlining the registration process.