Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company (investors) regarding sale of shares dated December 14, 1999. 13 pages.
A Florida Registration Rights Agreement is a legal document that outlines the rights and obligations regarding the registration of common shares of Visible Genetics, Inc. This agreement is entered into between the company and the purchasers of these common shares. The purpose of the Florida Registration Rights Agreement is to provide the purchasers of common shares with certain rights related to the registration of their shares with the Securities and Exchange Commission (SEC). These rights are important for the purchasers as they provide a way for them to sell or transfer their shares efficiently, while also ensuring transparency and compliance with SEC regulations. The agreement typically covers various aspects related to the registration process, including the filing of registration statements with the SEC, the timing of such filings, and the responsibilities of both Visible Genetics, Inc. and the purchasers in relation to these filings. The Florida Registration Rights Agreement may also specify certain conditions or exceptions to the registration requirements. For instance, it might outline circumstances under which Visible Genetics, Inc. is not obligated to register the common shares, such as in the case of certain exemptions under securities laws or if the number of shares to be registered falls below a specified threshold. Additionally, the Florida Registration Rights Agreement may define different types of registration rights available to the purchasers. These types might include "demand registration rights," which allow the purchasers to require Visible Genetics, Inc. to register their shares within a specified timeframe, and "piggyback registration rights," which allow the purchasers to include their shares in registration statements filed by Visible Genetics, Inc. for other purposes. By including relevant keywords such as "Florida Registration Rights Agreement," "Visible Genetics, Inc.," "common shares," "purchasers," "SEC," "registration process," "registration statements," "demand registration rights," and "piggyback registration rights," this description provides a detailed overview of what a Florida Registration Rights Agreement entails and highlights the various aspects that might be covered by such an agreement. However, it is important to note that the specific terms and provisions of the agreement may vary depending on the circumstances and negotiations between the parties involved.
A Florida Registration Rights Agreement is a legal document that outlines the rights and obligations regarding the registration of common shares of Visible Genetics, Inc. This agreement is entered into between the company and the purchasers of these common shares. The purpose of the Florida Registration Rights Agreement is to provide the purchasers of common shares with certain rights related to the registration of their shares with the Securities and Exchange Commission (SEC). These rights are important for the purchasers as they provide a way for them to sell or transfer their shares efficiently, while also ensuring transparency and compliance with SEC regulations. The agreement typically covers various aspects related to the registration process, including the filing of registration statements with the SEC, the timing of such filings, and the responsibilities of both Visible Genetics, Inc. and the purchasers in relation to these filings. The Florida Registration Rights Agreement may also specify certain conditions or exceptions to the registration requirements. For instance, it might outline circumstances under which Visible Genetics, Inc. is not obligated to register the common shares, such as in the case of certain exemptions under securities laws or if the number of shares to be registered falls below a specified threshold. Additionally, the Florida Registration Rights Agreement may define different types of registration rights available to the purchasers. These types might include "demand registration rights," which allow the purchasers to require Visible Genetics, Inc. to register their shares within a specified timeframe, and "piggyback registration rights," which allow the purchasers to include their shares in registration statements filed by Visible Genetics, Inc. for other purposes. By including relevant keywords such as "Florida Registration Rights Agreement," "Visible Genetics, Inc.," "common shares," "purchasers," "SEC," "registration process," "registration statements," "demand registration rights," and "piggyback registration rights," this description provides a detailed overview of what a Florida Registration Rights Agreement entails and highlights the various aspects that might be covered by such an agreement. However, it is important to note that the specific terms and provisions of the agreement may vary depending on the circumstances and negotiations between the parties involved.