Louisiana Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company is a legal agreement that outlines the rights and obligations of Visible Genetics, Inc. and the purchasers in relation to the registration of common shares in the state of Louisiana. This amendment specifically pertains to the second revision made to the original agreement. The purpose of this amendment is to modify certain terms and conditions agreed upon in the original Registration Rights Agreement to better align with the specific requirements and regulations set forth by the state of Louisiana. Key provisions encompassed in this amendment include: 1. Registration Obligations: The amendment clarifies the obligations imposed on Visible Genetics, Inc. to register the common shares in compliance with the rules and regulations of the Louisiana state. It defines the timeline and procedures for filing the necessary registration statements and any subsequent amendments or supplements. 2. Piggyback Registration Rights: The amendment may also introduce or modify piggyback registration rights, which allow the purchasers to include their common shares in any future registration filings made by Visible Genetics, Inc. with the Louisiana securities regulatory authorities. This provision enables the purchasers to benefit from the potential liquidity events resulting from the registration process. 3. Indemnification: The Louisiana Amendment No. 2 to Registration Rights Agreement may address the indemnification rights provided to the purchasers. It outlines the extent to which Visible Genetics, Inc. will bear the legal costs and liabilities resulting from any breaches or misrepresentations made in connection with the registration process. Note that while the above content provides a general overview of a Louisiana Amendment No. 2 to Registration Rights Agreement, the specifics may vary depending on the actual terms and provisions included in the document.
Louisiana Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company
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How to fill out Louisiana Amendment No. 2 To Registration Rights Agreement Between Visible Genetics, Inc. And Purchasers Of Common Shares Of The Company?
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