Missouri Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9138
• Format: Word; Rich Text

Description

Amendment No. 2 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 4 pages Missouri Amendment No. 2 to Registration Rights Agreement is a legal document that modifies the terms and conditions of the original agreement between Visible Genetics, Inc. and purchasers of common shares. This amendment specifically pertains to the rights and obligations related to the registration of the company's common shares. Under this amendment, Visible Genetics, Inc. and the purchasers of common shares agree to certain changes in the registration process. The agreement outlines the procedure for registration with the Securities and Exchange Commission (SEC) and any applicable state securities agencies. It also defines the roles and responsibilities of each party involved. Some key aspects addressed in Missouri Amendment No. 2 may include: 1. Registration Rights: The agreement ensures that the purchasers of common shares are granted certain registration rights. These rights may include demand, piggyback, or shelf registration, which allow the shareholders to sell their shares in accordance with the regulations set by the SEC. 2. Demand Registration: This amendment may specify conditions under which the purchasers can request the company to file a registration statement with the SEC. Such conditions may include a minimum number of shares that the purchasers collectively own, a lock-up period, or a specific time frame. 3. Piggyback Registration: The amendment may include clauses regarding piggyback registration rights, which allow the purchasers to include their shares in registration statements filed by the company for other offerings. This provision ensures that the purchasers have the opportunity to sell their shares along with the company's registered securities. 4. Registration Expenses: The amendment may clarify the allocation of expenses related to the registration process. It may specify whether Visible Genetics, Inc. or the purchasers bear the costs associated with filing fees, legal fees, accounting fees, and other expenses incurred during the registration process. 5. Indemnification: The amendment may outline the indemnification provisions, protecting Visible Genetics, Inc. from any liabilities arising from the registration process. It may also define the circumstances under which the purchasers may be entitled to indemnification. It's important to note that this description is generic, and the specific terms and conditions of Missouri Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares may vary. Furthermore, it is always advisable to consult the actual agreement to understand the precise details and any additional clauses that may be present.

Missouri Amendment No. 2 to Registration Rights Agreement is a legal document that modifies the terms and conditions of the original agreement between Visible Genetics, Inc. and purchasers of common shares. This amendment specifically pertains to the rights and obligations related to the registration of the company's common shares. Under this amendment, Visible Genetics, Inc. and the purchasers of common shares agree to certain changes in the registration process. The agreement outlines the procedure for registration with the Securities and Exchange Commission (SEC) and any applicable state securities agencies. It also defines the roles and responsibilities of each party involved. Some key aspects addressed in Missouri Amendment No. 2 may include: 1. Registration Rights: The agreement ensures that the purchasers of common shares are granted certain registration rights. These rights may include demand, piggyback, or shelf registration, which allow the shareholders to sell their shares in accordance with the regulations set by the SEC. 2. Demand Registration: This amendment may specify conditions under which the purchasers can request the company to file a registration statement with the SEC. Such conditions may include a minimum number of shares that the purchasers collectively own, a lock-up period, or a specific time frame. 3. Piggyback Registration: The amendment may include clauses regarding piggyback registration rights, which allow the purchasers to include their shares in registration statements filed by the company for other offerings. This provision ensures that the purchasers have the opportunity to sell their shares along with the company's registered securities. 4. Registration Expenses: The amendment may clarify the allocation of expenses related to the registration process. It may specify whether Visible Genetics, Inc. or the purchasers bear the costs associated with filing fees, legal fees, accounting fees, and other expenses incurred during the registration process. 5. Indemnification: The amendment may outline the indemnification provisions, protecting Visible Genetics, Inc. from any liabilities arising from the registration process. It may also define the circumstances under which the purchasers may be entitled to indemnification. It's important to note that this description is generic, and the specific terms and conditions of Missouri Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares may vary. Furthermore, it is always advisable to consult the actual agreement to understand the precise details and any additional clauses that may be present.