Louisiana 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 Louisiana Registration Rights Agreement is a legally binding contract that outlines the rights and obligations of GEN International, Inc. and purchasers concerning the sale of shares. This agreement is designed to protect the interests of both parties and ensure transparency and compliance with state securities regulations. The main purpose of the Louisiana Registration Rights Agreement is to grant purchasers the right to demand the registration of their shares under certain circumstances. This allows them to sell or transfer their shares in accordance with applicable laws and regulations. Under the agreement, GEN International, Inc. agrees to use its best efforts to register the shares for resale with the Louisiana state authorities. This process involves filing necessary documentation, disclosing relevant information, and cooperating with regulatory agencies. The company bears the costs associated with the registration process, including legal and accounting fees. In return for the registration rights granted, purchasers are typically required to provide certain information, including representations and warranties about their status as accredited investors or compliance with relevant securities laws. This is to ensure that the offering and sale of shares comply with applicable regulations. There may be different types of Louisiana Registration Rights Agreements between GEN International, Inc. and purchasers depending on the specific terms agreed upon. Some possible variations include: 1. Demand Registration Rights Agreement: This type of agreement allows purchasers to request that GEN International, Inc. register their shares at any time, subject to certain conditions and limitations. 2. Piggyback Registration Rights Agreement: With this agreement, purchasers have the right to include their shares in any registration statement filed by GEN International, Inc. for its own shares or for the benefit of other stockholders. 3. Shelf Registration Rights Agreement: In this scenario, purchasers are granted registration rights that enable them to sell their shares over a period of time by utilizing a shelf offering. This allows for more flexibility in the timing and method of selling shares. It is important to note that the specific terms and conditions of each Louisiana Registration Rights Agreement may vary based on negotiations between GEN International, Inc. and purchasers. These agreements should always be reviewed by legal professionals to ensure compliance with state laws and properly protect the interests of both parties involved.

The Louisiana Registration Rights Agreement is a legally binding contract that outlines the rights and obligations of GEN International, Inc. and purchasers concerning the sale of shares. This agreement is designed to protect the interests of both parties and ensure transparency and compliance with state securities regulations. The main purpose of the Louisiana Registration Rights Agreement is to grant purchasers the right to demand the registration of their shares under certain circumstances. This allows them to sell or transfer their shares in accordance with applicable laws and regulations. Under the agreement, GEN International, Inc. agrees to use its best efforts to register the shares for resale with the Louisiana state authorities. This process involves filing necessary documentation, disclosing relevant information, and cooperating with regulatory agencies. The company bears the costs associated with the registration process, including legal and accounting fees. In return for the registration rights granted, purchasers are typically required to provide certain information, including representations and warranties about their status as accredited investors or compliance with relevant securities laws. This is to ensure that the offering and sale of shares comply with applicable regulations. There may be different types of Louisiana Registration Rights Agreements between GEN International, Inc. and purchasers depending on the specific terms agreed upon. Some possible variations include: 1. Demand Registration Rights Agreement: This type of agreement allows purchasers to request that GEN International, Inc. register their shares at any time, subject to certain conditions and limitations. 2. Piggyback Registration Rights Agreement: With this agreement, purchasers have the right to include their shares in any registration statement filed by GEN International, Inc. for its own shares or for the benefit of other stockholders. 3. Shelf Registration Rights Agreement: In this scenario, purchasers are granted registration rights that enable them to sell their shares over a period of time by utilizing a shelf offering. This allows for more flexibility in the timing and method of selling shares. It is important to note that the specific terms and conditions of each Louisiana Registration Rights Agreement may vary based on negotiations between GEN International, Inc. and purchasers. These agreements should always be reviewed by legal professionals to ensure compliance with state laws and properly protect the interests of both parties involved.