The Indiana Registration Rights Agreement is a legal document between Visible Genetics, Inc. and the purchasers of common shares of the company. This agreement establishes the rights and responsibilities of both parties regarding the registration of these shares with the Indiana Securities Commission. Under the Indiana Registration Rights Agreement, Visible Genetics, Inc. grants the purchasers certain rights to register their common shares for sale or transfer in accordance with applicable securities laws and regulations. These registration rights aim to provide investors with the opportunity to freely sell, transfer, or otherwise dispose of their shares once they are registered. The agreement outlines the specific details of the registration process, including the filing requirements, timelines, and any associated fees. It also specifies the number of shares that each purchaser is entitled to register, ensuring fairness and equal treatment among shareholders. Furthermore, the Indiana Registration Rights Agreement may distinguish between different types of purchasers, such as institutional investors, employees, or other stakeholders. Each category of purchaser might have unique registration rights tailored to their specific circumstances, ensuring fairness and protecting the interests of both the company and the respective purchasers. Visible Genetics, Inc. and the purchasers must adhere to the terms and conditions outlined in the agreement. This may include obligations such as providing accurate and up-to-date information, cooperating in the registration process, and complying with any necessary amendments or modifications required by regulatory authorities. The Indiana Registration Rights Agreement aims to provide a transparent and efficient mechanism for shareholders to register their common shares, thereby promoting liquidity and facilitating the proper functioning of the capital markets. It signifies Visible Genetics, Inc.'s commitment to protecting the rights of its shareholders and creating a favorable investment environment. Overall, the Indiana Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares is a legally binding document that defines the procedures and obligations regarding the registration of shares with the Indiana Securities Commission. By abiding by this agreement, both parties ensure compliance with regulatory requirements while safeguarding the interests of the company and its shareholders.