A California Registration Rights Agreement is a legal contract that governs the registration process of common shares of Visible Genetics, Inc. It grants certain rights to the purchasers of these shares, allowing them to have their shares registered with the relevant regulatory authorities, such as the Securities and Exchange Commission (SEC). This Agreement ensures that the purchasers have the ability to sell or transfer their shares in compliance with securities laws, providing them with liquidity and the opportunity to realize their investments. It outlines the obligations and responsibilities of Visible Genetics, Inc. towards the purchasers during the registration process. The main purpose of the California Registration Rights Agreement is to protect the interests of the purchasers and provide them with transparency and access to the public markets. It establishes the time frames, procedures, and requirements for registering the common shares, as well as the disclosure obligations that Visible Genetics, Inc. must fulfill during the registration process. Some common keywords relevant to California Registration Rights Agreement include: 1. Visible Genetics, Inc. 2. Common shares 3. Purchasers 4. Registration process 5. Regulatory authorities 6. Securities and Exchange Commission (SEC) 7. Rights 8. Liquidity 9. Investments 10. Compliance with securities laws 11. Obligations and responsibilities 12. Transparency 13. Public markets 14. Time frames 15. Procedures 16. Requirements 17. Disclosure obligations It is important to note that the specific details and terms of the California Registration Rights Agreement may vary depending on the specific agreement between Visible Genetics, Inc. and the purchasers. Different types of California Registration Rights Agreements may exist based on the negotiated terms, the number of shares being registered, and any additional provisions agreed upon by the parties involved.