District of Columbia 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 District of Columbia Registration Rights Agreement is a crucial legal document that outlines the rights and obligations of GEN International, Inc. and its purchasers in relation to the sale of shares. This agreement enables purchasers to register their shares with the appropriate authorities within the District of Columbia, ensuring compliance with securities laws and regulations. The registration process allows purchasers to publicly sell or transfer their shares without restrictions or limitations, providing them with liquidity and flexibility. The District of Columbia Registration Rights Agreement typically includes the following key components: 1. Parties: This section identifies the participating parties, including GEN International, Inc. as the issuer of the shares and the purchasers as the individuals or entities acquiring the shares. 2. Definitions: This section provides a clear understanding of important terms used throughout the agreement, such as "shares," "registration," "transfer," and any other relevant terms. 3. Registration Rights: This clause outlines the rights granted to the purchasers regarding the registration of their shares. It specifies the type of registration, such as an initial public offering (IPO) registration, shelf registration, piggyback registration, or a combination thereof. 4. Filing and Expenses: This section describes the responsibilities of both parties concerning the filing of registration statements, payment of legal and filing fees, and other related expenses. It may also mention the reimbursement of expenses by GEN International, Inc. 5. Obligations of the Issuer: This clause outlines the obligations of GEN International, Inc. towards the registration process, including timely preparation and filing of necessary documents, cooperation with the purchasers, and ensuring compliance with all relevant laws and regulations. 6. Lock-up Period: In some cases, the agreement may include a lock-up provision, which restricts the purchasers from selling or transferring their shares for a specific period, usually after an IPO, to stabilize the market and prevent excessive volatility. 7. Indemnification and Liability: This section addresses the indemnification of the purchasers by GEN International, Inc. for any losses or damages incurred due to false statements, omissions, or other violations of securities laws on the part of the issuer. Different types of District of Columbia Registration Rights Agreement related to the sale of shares between GEN International, Inc. and purchasers may include variations in terms of registration type, lock-up periods, and specific obligations of the parties involved. These agreements can be customized to meet the unique needs and circumstances of both the issuer and the purchasers.

The District of Columbia Registration Rights Agreement is a crucial legal document that outlines the rights and obligations of GEN International, Inc. and its purchasers in relation to the sale of shares. This agreement enables purchasers to register their shares with the appropriate authorities within the District of Columbia, ensuring compliance with securities laws and regulations. The registration process allows purchasers to publicly sell or transfer their shares without restrictions or limitations, providing them with liquidity and flexibility. The District of Columbia Registration Rights Agreement typically includes the following key components: 1. Parties: This section identifies the participating parties, including GEN International, Inc. as the issuer of the shares and the purchasers as the individuals or entities acquiring the shares. 2. Definitions: This section provides a clear understanding of important terms used throughout the agreement, such as "shares," "registration," "transfer," and any other relevant terms. 3. Registration Rights: This clause outlines the rights granted to the purchasers regarding the registration of their shares. It specifies the type of registration, such as an initial public offering (IPO) registration, shelf registration, piggyback registration, or a combination thereof. 4. Filing and Expenses: This section describes the responsibilities of both parties concerning the filing of registration statements, payment of legal and filing fees, and other related expenses. It may also mention the reimbursement of expenses by GEN International, Inc. 5. Obligations of the Issuer: This clause outlines the obligations of GEN International, Inc. towards the registration process, including timely preparation and filing of necessary documents, cooperation with the purchasers, and ensuring compliance with all relevant laws and regulations. 6. Lock-up Period: In some cases, the agreement may include a lock-up provision, which restricts the purchasers from selling or transferring their shares for a specific period, usually after an IPO, to stabilize the market and prevent excessive volatility. 7. Indemnification and Liability: This section addresses the indemnification of the purchasers by GEN International, Inc. for any losses or damages incurred due to false statements, omissions, or other violations of securities laws on the part of the issuer. Different types of District of Columbia Registration Rights Agreement related to the sale of shares between GEN International, Inc. and purchasers may include variations in terms of registration type, lock-up periods, and specific obligations of the parties involved. These agreements can be customized to meet the unique needs and circumstances of both the issuer and the purchasers.