Minnesota Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9209
• Format: Word; Rich Text

Description

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. The Minnesota Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares is a legal document that outlines the rights and obligations of the parties involved regarding the registration of common shares with the Securities and Exchange Commission (SEC) in the state of Minnesota. This agreement is important for both the company and the shareholders as it governs the process of registering and selling securities in compliance with applicable laws and regulations. Keywords: Minnesota, Registration Rights Agreement, Visible Genetics, Inc., common shares, purchasers, Securities and Exchange Commission, SEC, shareholders, securities, laws, regulations. There are various types of Minnesota Registration Rights Agreements that can be established between Visible Genetics, Inc. and the purchasers of common shares, depending on specific circumstances and requirements. Some common types of these agreements include: 1. Piggyback Rights: This type of agreement grants the shareholders the right to "piggyback" on the company's registration statement. If Visible Genetics, Inc. plans to register additional securities with the SEC, the shareholders have the option to include their shares in the registration, allowing them to sell their securities along with the company's offering. 2. Demand Rights: With this type of agreement, the shareholders have the right to request Visible Genetics, Inc. to register their common shares with the SEC at any time. The company is then obligated to prepare and file the necessary registration statement within a specified period, in accordance with the applicable laws and regulations. 3. Shelf Registration Rights: This agreement allows the shareholders to have their common shares registered on a shelf registration statement. This type of registration provides flexibility to the shareholders as they can sell their securities in multiple offerings over a certain period, without the need for additional registration expenses or delays. 4. Form S-3 Registration Rights: In certain cases, shareholders may negotiate for Form S-3 registration rights, which enable the company to register their securities on a simplified registration form. This type of registration is available to certain eligible companies and shareholders, subject to strict criteria and limitations. These different types of Minnesota Registration Rights Agreements provide flexibility and protection to both Visible Genetics, Inc. and the purchasers of common shares, ensuring compliance with securities laws and facilitating the efficient sale of securities. It is important for both parties involved to carefully review and understand the terms and conditions outlined in these agreements to ensure a fair and transparent process for all shareholders.

The Minnesota Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares is a legal document that outlines the rights and obligations of the parties involved regarding the registration of common shares with the Securities and Exchange Commission (SEC) in the state of Minnesota. This agreement is important for both the company and the shareholders as it governs the process of registering and selling securities in compliance with applicable laws and regulations. Keywords: Minnesota, Registration Rights Agreement, Visible Genetics, Inc., common shares, purchasers, Securities and Exchange Commission, SEC, shareholders, securities, laws, regulations. There are various types of Minnesota Registration Rights Agreements that can be established between Visible Genetics, Inc. and the purchasers of common shares, depending on specific circumstances and requirements. Some common types of these agreements include: 1. Piggyback Rights: This type of agreement grants the shareholders the right to "piggyback" on the company's registration statement. If Visible Genetics, Inc. plans to register additional securities with the SEC, the shareholders have the option to include their shares in the registration, allowing them to sell their securities along with the company's offering. 2. Demand Rights: With this type of agreement, the shareholders have the right to request Visible Genetics, Inc. to register their common shares with the SEC at any time. The company is then obligated to prepare and file the necessary registration statement within a specified period, in accordance with the applicable laws and regulations. 3. Shelf Registration Rights: This agreement allows the shareholders to have their common shares registered on a shelf registration statement. This type of registration provides flexibility to the shareholders as they can sell their securities in multiple offerings over a certain period, without the need for additional registration expenses or delays. 4. Form S-3 Registration Rights: In certain cases, shareholders may negotiate for Form S-3 registration rights, which enable the company to register their securities on a simplified registration form. This type of registration is available to certain eligible companies and shareholders, subject to strict criteria and limitations. These different types of Minnesota Registration Rights Agreements provide flexibility and protection to both Visible Genetics, Inc. and the purchasers of common shares, ensuring compliance with securities laws and facilitating the efficient sale of securities. It is important for both parties involved to carefully review and understand the terms and conditions outlined in these agreements to ensure a fair and transparent process for all shareholders.