Colorado 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. Colorado Registration Rights Agreement is a legally binding document that outlines the rights and obligations of parties involved in the sale of shares of GEN International, Inc. This agreement ensures that purchasers have the right to register their shares with the appropriate regulatory authorities, thereby providing them with the opportunity to sell or transfer their shares transparently. The registration process is crucial in maintaining trust and credibility in the financial market. The Colorado Registration Rights Agreement includes various provisions, including: 1. Scope of Agreement: This section defines the scope of the agreement, specifying the types of shares that are subject to registration and the relevant regulatory authorities where the registration process should take place. 2. Demand Registration Rights: This type of registration grants purchasers the right to request that GEN International, Inc. register their shares with the designated regulatory authorities. The agreement specifies the procedures and timelines for such registrations. 3. Piggyback Registration Rights: This type of registration allows purchasers to include their shares in any registration statement filed by GEN International, Inc. for its own offerings. This provision ensures that purchasers have the opportunity to sell their shares alongside the company's offerings, maximizing their liquidity options. 4. Shelf Registration Rights: In some cases, the agreement may include provisions for shelf registrations. This allows purchasers to register their shares in advance without immediately selling them, providing flexibility to sell the shares over a designated period. 5. Expenses and Indemnification: The agreement stipulates who will bear the expenses associated with the registration process. Typically, GEN International, Inc. covers the costs involved. Additionally, the agreement outlines the indemnification obligations of both parties, protecting them from any legal consequences arising from the registration process. 6. Lock-up Provisions: In certain instances, the agreement may include lock-up provisions that restrict the purchasers from selling their registered shares for a certain period after the registration statement becomes effective. This provision aims to stabilize the market and protect the interests of both parties. The Colorado Registration Rights Agreement plays a crucial role in facilitating the sale and transfer of shares for both GEN International, Inc. and purchasers. By providing purchasers with registration rights, it ensures transparency and fair treatment in the sale of shares. Various types of registration rights, such as demand, piggyback, and shelf registrations, cater to different circumstances and objectives. The agreement also addresses expenses, indemnification, and potential lock-up provisions to protect the interests of both parties. Overall, the agreement establishes a framework that promotes a transparent and efficient market for the sale of shares in Colorado.

Colorado Registration Rights Agreement is a legally binding document that outlines the rights and obligations of parties involved in the sale of shares of GEN International, Inc. This agreement ensures that purchasers have the right to register their shares with the appropriate regulatory authorities, thereby providing them with the opportunity to sell or transfer their shares transparently. The registration process is crucial in maintaining trust and credibility in the financial market. The Colorado Registration Rights Agreement includes various provisions, including: 1. Scope of Agreement: This section defines the scope of the agreement, specifying the types of shares that are subject to registration and the relevant regulatory authorities where the registration process should take place. 2. Demand Registration Rights: This type of registration grants purchasers the right to request that GEN International, Inc. register their shares with the designated regulatory authorities. The agreement specifies the procedures and timelines for such registrations. 3. Piggyback Registration Rights: This type of registration allows purchasers to include their shares in any registration statement filed by GEN International, Inc. for its own offerings. This provision ensures that purchasers have the opportunity to sell their shares alongside the company's offerings, maximizing their liquidity options. 4. Shelf Registration Rights: In some cases, the agreement may include provisions for shelf registrations. This allows purchasers to register their shares in advance without immediately selling them, providing flexibility to sell the shares over a designated period. 5. Expenses and Indemnification: The agreement stipulates who will bear the expenses associated with the registration process. Typically, GEN International, Inc. covers the costs involved. Additionally, the agreement outlines the indemnification obligations of both parties, protecting them from any legal consequences arising from the registration process. 6. Lock-up Provisions: In certain instances, the agreement may include lock-up provisions that restrict the purchasers from selling their registered shares for a certain period after the registration statement becomes effective. This provision aims to stabilize the market and protect the interests of both parties. The Colorado Registration Rights Agreement plays a crucial role in facilitating the sale and transfer of shares for both GEN International, Inc. and purchasers. By providing purchasers with registration rights, it ensures transparency and fair treatment in the sale of shares. Various types of registration rights, such as demand, piggyback, and shelf registrations, cater to different circumstances and objectives. The agreement also addresses expenses, indemnification, and potential lock-up provisions to protect the interests of both parties. Overall, the agreement establishes a framework that promotes a transparent and efficient market for the sale of shares in Colorado.