Kansas Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors is a legally binding document outlining the terms and conditions of the purchase of common shares in Visible Genetics, Inc. by investors. This agreement serves as a contractual agreement between the company and the investors, establishing the rights, obligations, and responsibilities of both parties involved. Key elements of the Kansas Sample Common Shares Purchase Agreement may include: 1. Parties: This section identifies the parties involved, namely Visible Genetics, Inc. as the issuing company and the investors purchasing the common shares. 2. Purchase Price: The agreement specifies the purchase price per share and the total consideration for the common shares being acquired by the investors. 3. Number of Shares: The agreement states the total number of common shares being purchased by the investors from Visible Genetics, Inc. 4. Representations and Warranties: This section outlines the representations and warranties made by both parties, ensuring that all information provided is accurate and complete. 5. Closing Conditions: The agreement defines the conditions necessary for the closing of the purchase, including any required regulatory approvals, consents, or filings. 6. Closing Date: The specific date on which the purchase of the common shares is completed is stated in this section. 7. Use of Proceeds: The agreement may detail how the funds received from the sale of the common shares will be used by Visible Genetics, Inc. 8. Rights and Restrictions: The rights and restrictions associated with the ownership of the common shares by the investors are specified in this section. It may outline voting rights, dividend rights, and any transfer restrictions. 9. Governing Law: The agreement may specify that it is governed by the laws of the state of Kansas, ensuring compliance with relevant legislation and regulations. 10. Miscellaneous Provisions: This section covers various administrative details such as notices, amendments, waivers, and dispute resolution mechanisms. It's important to note that while there may be variations and different templates of the Kansas Sample Common Shares Purchase Agreement, the content mentioned above typically forms the core components of such agreements, ensuring clarity and protection for both the company and the investors.