Arkansas Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9138
• Format: Word; Rich Text

Description

Amendment No. 2 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 4 pages Arkansas Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the modifications made to the original Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company in the state of Arkansas. This amendment specifically focuses on enhancing the registration rights and obligations of the parties involved. Keywords: Arkansas, Amendment No. 2, Registration Rights Agreement, Visible Genetics, Inc., purchasers, common shares. The main purpose of Arkansas Amendment No. 2 to Registration Rights Agreement is to update and refine the terms and conditions related to the registration of common shares of Visible Genetics, Inc. It aims to ensure transparency, compliance with securities laws, and protect the rights of the shareholders. While no specific alternate types of Arkansas Amendment No. 2 to Registration Rights Agreement are mentioned, it is important to note that amendments can vary depending on the needs and requirements of the parties involved. Some potential topics that may be addressed in Arkansas Amendment No. 2 to Registration Rights Agreement could include: 1. Expanded Registration Rights: The amendment may grant the purchasers of common shares additional or enhanced rights to have their shares registered with the relevant securities authorities. This could include the ability to demand registration, piggyback registration rights, or inclusion in resale registration statements. 2. Amendment to Filing Deadlines: The amendment may modify the deadlines for filing registration statements, ensuring they align with regulatory requirements and provide sufficient time for preparation and review. 3. Clarification of Responsibilities: The amendment may outline the responsibilities and obligations of Visible Genetics, Inc. in facilitating the registration process, such as providing necessary financial statements, disclosures, or conducting roadshows for potential investors. 4. Transfer Restrictions: The amendment may address any restrictions on transferring common shares, such as lock-up periods or limitations on the number of shares that can be sold at a given time. 5. Resolution of Disputes: The amendment may establish a dispute resolution mechanism, specifying the procedures to be followed in case of disagreements between Visible Genetics, Inc. and the purchasers of common shares. It is essential for both Visible Genetics, Inc. and the purchasers of common shares to fully understand the implications of Arkansas Amendment No. 2 to the Registration Rights Agreement. Seeking legal advice or consulting a professional with expertise in securities law can ensure that the amendment is properly drafted and implemented, protecting the rights and interests of all parties involved.

Arkansas Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the modifications made to the original Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company in the state of Arkansas. This amendment specifically focuses on enhancing the registration rights and obligations of the parties involved. Keywords: Arkansas, Amendment No. 2, Registration Rights Agreement, Visible Genetics, Inc., purchasers, common shares. The main purpose of Arkansas Amendment No. 2 to Registration Rights Agreement is to update and refine the terms and conditions related to the registration of common shares of Visible Genetics, Inc. It aims to ensure transparency, compliance with securities laws, and protect the rights of the shareholders. While no specific alternate types of Arkansas Amendment No. 2 to Registration Rights Agreement are mentioned, it is important to note that amendments can vary depending on the needs and requirements of the parties involved. Some potential topics that may be addressed in Arkansas Amendment No. 2 to Registration Rights Agreement could include: 1. Expanded Registration Rights: The amendment may grant the purchasers of common shares additional or enhanced rights to have their shares registered with the relevant securities authorities. This could include the ability to demand registration, piggyback registration rights, or inclusion in resale registration statements. 2. Amendment to Filing Deadlines: The amendment may modify the deadlines for filing registration statements, ensuring they align with regulatory requirements and provide sufficient time for preparation and review. 3. Clarification of Responsibilities: The amendment may outline the responsibilities and obligations of Visible Genetics, Inc. in facilitating the registration process, such as providing necessary financial statements, disclosures, or conducting roadshows for potential investors. 4. Transfer Restrictions: The amendment may address any restrictions on transferring common shares, such as lock-up periods or limitations on the number of shares that can be sold at a given time. 5. Resolution of Disputes: The amendment may establish a dispute resolution mechanism, specifying the procedures to be followed in case of disagreements between Visible Genetics, Inc. and the purchasers of common shares. It is essential for both Visible Genetics, Inc. and the purchasers of common shares to fully understand the implications of Arkansas Amendment No. 2 to the Registration Rights Agreement. Seeking legal advice or consulting a professional with expertise in securities law can ensure that the amendment is properly drafted and implemented, protecting the rights and interests of all parties involved.