California 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 California Registration Rights Agreement between GEN International, Inc. and purchasers is a legal contract that outlines the rights and obligations of both parties in regard to the sale of shares. This agreement grants certain privileges to purchasers who acquire GEN International, Inc. shares, allowing them to register these shares with the appropriate regulatory bodies in California. The purpose of this agreement is to ensure transparency and compliance with securities laws during the sale of shares, providing purchasers with the opportunity to freely trade and transfer their shares without facing any legal restrictions or limitations. By signing this agreement, purchasers are given registration rights, which allow them to have their shares registered and listed on any stock exchanges or marketplaces for public trading. Different types of California Registration Rights Agreement may exist depending on the specific terms and conditions negotiated between GEN International, Inc. and the purchasers. Some common variations of this agreement include: 1. Demand Registration Rights Agreement: Under this type of agreement, purchasers are granted the right to request GEN International, Inc. to register their shares for public sale within a specified timeframe. The company must then make reasonable efforts to file the necessary documentation and facilitate the registration process. 2. Piggyback Registration Rights Agreement: This agreement allows purchasers to include their shares in any registration statement filed by GEN International, Inc. for the sale of its own shares. If the company decides to register its shares, the purchasers are given the opportunity to "piggyback" on the registration and have their shares included in the offering. 3. Shelf Registration Rights Agreement: With this type of agreement, purchasers are given the right to have their shares registered on a shelf registration statement, allowing them to offer and sell their shares at their discretion over a period of time, rather than relying on specific registration events. 4. Lock-up Agreement: Although not strictly a California Registration Rights Agreement, this is often included in conjunction with it. This agreement stipulates that purchasers will not sell or transfer their shares for a certain period of time, typically following an initial public offering or other significant events, to avoid flooding the market with shares and potentially devaluing the company's stock. These different agreements provide flexibility and options for purchasers to sell their shares, ensuring proper compliance with securities laws while also safeguarding the company's interests. It is essential for both parties to carefully review and negotiate the terms of the agreement to establish clear expectations and protect their rights.

The California Registration Rights Agreement between GEN International, Inc. and purchasers is a legal contract that outlines the rights and obligations of both parties in regard to the sale of shares. This agreement grants certain privileges to purchasers who acquire GEN International, Inc. shares, allowing them to register these shares with the appropriate regulatory bodies in California. The purpose of this agreement is to ensure transparency and compliance with securities laws during the sale of shares, providing purchasers with the opportunity to freely trade and transfer their shares without facing any legal restrictions or limitations. By signing this agreement, purchasers are given registration rights, which allow them to have their shares registered and listed on any stock exchanges or marketplaces for public trading. Different types of California Registration Rights Agreement may exist depending on the specific terms and conditions negotiated between GEN International, Inc. and the purchasers. Some common variations of this agreement include: 1. Demand Registration Rights Agreement: Under this type of agreement, purchasers are granted the right to request GEN International, Inc. to register their shares for public sale within a specified timeframe. The company must then make reasonable efforts to file the necessary documentation and facilitate the registration process. 2. Piggyback Registration Rights Agreement: This agreement allows purchasers to include their shares in any registration statement filed by GEN International, Inc. for the sale of its own shares. If the company decides to register its shares, the purchasers are given the opportunity to "piggyback" on the registration and have their shares included in the offering. 3. Shelf Registration Rights Agreement: With this type of agreement, purchasers are given the right to have their shares registered on a shelf registration statement, allowing them to offer and sell their shares at their discretion over a period of time, rather than relying on specific registration events. 4. Lock-up Agreement: Although not strictly a California Registration Rights Agreement, this is often included in conjunction with it. This agreement stipulates that purchasers will not sell or transfer their shares for a certain period of time, typically following an initial public offering or other significant events, to avoid flooding the market with shares and potentially devaluing the company's stock. These different agreements provide flexibility and options for purchasers to sell their shares, ensuring proper compliance with securities laws while also safeguarding the company's interests. It is essential for both parties to carefully review and negotiate the terms of the agreement to establish clear expectations and protect their rights.