Montana 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. A Montana Registration Rights Agreement is a legal contract between GEN International, Inc. (the "Company") and purchasers (investors or shareholders) that establishes the rights and obligations concerning the registration of shares for sale in the state of Montana. This agreement outlines the procedures, restrictions, and conditions for registering and selling the shares of the Company's stock in compliance with Montana state laws and regulations. This agreement is crucial for investors as it provides them with certain rights to have their shares registered for sale in the state of Montana and ensures that they have the opportunity to sell their shares in a fair and organized manner. It helps protect the interests of both the Company and the shareholders by defining the terms under which the shares can be registered and sold. Key provisions typically included in a Montana Registration Rights Agreement may include: 1. Registration Statement: The agreement should specify the obligation of the Company to file a registration statement with the Montana Secretary of State or any relevant regulatory authority, covering the shares to be sold. 2. Demand Registration: Some agreements may grant investors the right to request that the Company register their shares for sale. The agreement should outline the procedures and notice requirements for exercising this demand registration right. 3. Piggyback Registration: This provision allows investors to include their shares in any registration statement filed by the Company for purposes other than their specific demands. It ensures that shareholders have the opportunity to sell their securities alongside any primary offerings made by the Company. 4. Expenses: The agreement should address the allocation of registration expenses, such as filing fees, legal fees, and accounting fees. Typically, these costs are borne by the Company, but certain limitations or conditions may apply. 5. Indemnification: This provision specifies the Company's obligation to indemnify and hold harmless the shareholders against any potential liabilities, losses, or damages resulting from the registration process. Different types of Montana Registration Rights Agreements can be based on various factors such as the class of shares being sold, the size of the investment, or the specific demands of the purchasers. These agreements can be classified as "Demand Registration Rights Agreements" and "Piggyback Registration Rights Agreements," depending on the nature of the registration requests made by the purchasers. In conclusion, a Montana Registration Rights Agreement is a necessary legal document that outlines the rights and responsibilities of both GEN International, Inc. and purchasers regarding the registration and sale of shares in the state of Montana. By specifying the procedures, restrictions, and conditions of registration, this agreement ensures transparency, fairness, and compliance with applicable state laws and regulations.

A Montana Registration Rights Agreement is a legal contract between GEN International, Inc. (the "Company") and purchasers (investors or shareholders) that establishes the rights and obligations concerning the registration of shares for sale in the state of Montana. This agreement outlines the procedures, restrictions, and conditions for registering and selling the shares of the Company's stock in compliance with Montana state laws and regulations. This agreement is crucial for investors as it provides them with certain rights to have their shares registered for sale in the state of Montana and ensures that they have the opportunity to sell their shares in a fair and organized manner. It helps protect the interests of both the Company and the shareholders by defining the terms under which the shares can be registered and sold. Key provisions typically included in a Montana Registration Rights Agreement may include: 1. Registration Statement: The agreement should specify the obligation of the Company to file a registration statement with the Montana Secretary of State or any relevant regulatory authority, covering the shares to be sold. 2. Demand Registration: Some agreements may grant investors the right to request that the Company register their shares for sale. The agreement should outline the procedures and notice requirements for exercising this demand registration right. 3. Piggyback Registration: This provision allows investors to include their shares in any registration statement filed by the Company for purposes other than their specific demands. It ensures that shareholders have the opportunity to sell their securities alongside any primary offerings made by the Company. 4. Expenses: The agreement should address the allocation of registration expenses, such as filing fees, legal fees, and accounting fees. Typically, these costs are borne by the Company, but certain limitations or conditions may apply. 5. Indemnification: This provision specifies the Company's obligation to indemnify and hold harmless the shareholders against any potential liabilities, losses, or damages resulting from the registration process. Different types of Montana Registration Rights Agreements can be based on various factors such as the class of shares being sold, the size of the investment, or the specific demands of the purchasers. These agreements can be classified as "Demand Registration Rights Agreements" and "Piggyback Registration Rights Agreements," depending on the nature of the registration requests made by the purchasers. In conclusion, a Montana Registration Rights Agreement is a necessary legal document that outlines the rights and responsibilities of both GEN International, Inc. and purchasers regarding the registration and sale of shares in the state of Montana. By specifying the procedures, restrictions, and conditions of registration, this agreement ensures transparency, fairness, and compliance with applicable state laws and regulations.