New Hampshire Registration Rights Agreement is a legally binding document that outlines the terms and conditions between GEN International, Inc. (the "Company") and purchasers (the "Investors") regarding the sale of shares. This agreement grants certain rights to the Investors with regard to the registration of their shares with the appropriate regulatory authorities in New Hampshire. The purpose of the New Hampshire Registration Rights Agreement is to ensure that the Investors have the ability to sell their shares in compliance with applicable securities laws and regulations. By providing registration rights, the Company aims to facilitate the liquidity of the Investors' investments and maintain harmonious relationships with its shareholders. There are primarily two types of New Hampshire Registration Rights Agreements that can be established between GEN International, Inc. and the purchasers: 1. Demand Registration Rights: This type of agreement grants the Investors the right to request the Company to register their shares with the relevant regulatory authority for public sale. The Investors can exercise this right by submitting a written demand to the Company, specifying the desired number of shares to be registered. 2. Piggyback Registration Rights: Under this agreement, the Investors are entitled to include their shares in the Company's registration statement filed for an offering of its securities to the public. In such cases, the Investors can piggyback on the registration process and have their shares registered alongside the Company's shares. Both types of agreements typically include provisions related to the timing, expenses, and allocation of registration costs between the Company and the Investors. The registration process is typically initiated by filing a registration statement with the Securities and Exchange Commission (SEC) or any other relevant regulatory authority in New Hampshire. It is crucial for GEN International, Inc. and the Investors to carefully consider the terms and conditions of the New Hampshire Registration Rights Agreement and negotiate them to ensure a fair and mutually beneficial arrangement. This agreement plays a vital role in protecting the Investors' rights and maintaining transparency in the sale and transfer of shares in compliance with the securities laws of New Hampshire.
New Hampshire Registration Rights Agreement between IGEN International, Inc. and purchasers regarding sale of shares
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