Oklahoma 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 Oklahoma Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company is a legally binding document that outlines the rights and obligations of both parties in relation to the registration of securities. In Oklahoma, there are different types of Registration Rights Agreements that can be entered into between Visible Genetics, Inc. and the purchasers of common shares. These agreements are tailored to meet specific requirements and preferences of the parties involved. The most common types include: 1. Piggyback Registration Rights: This type of agreement allows the common shareholders to "piggyback" on any registration statement filed by Visible Genetics, Inc. with the U.S. Securities and Exchange Commission (SEC). If the company decides to register additional shares, the common shareholders have the right to include their shares in the registration. 2. Demand Registration Rights: With this agreement, the common shareholders have the ability to request that Visible Genetics, Inc. registers their shares with the SEC. This right is usually exercisable after a certain period of time has passed since the initial public offering (IPO) or another specified triggering event. 3. Shelf Registration Rights: This type of agreement grants common shareholders the right to have their shares included in any registration statement filed by Visible Genetics, Inc. at any time during a specified period. The shareholders can sell their shares on the open market without waiting for a specific registration event. The Oklahoma Registration Rights Agreement includes various important clauses and provisions. It typically covers the procedures for registration, the availability period, indemnification, expenses, and limitations on transferability of the registered securities. It also specifies the information that the purchasers of common shares must provide to Visible Genetics, Inc. for proper registration. The agreement ensures that the purchasers of common shares have the opportunity to sell their shares in a public market, thereby providing them with liquidity. It also helps Visible Genetics, Inc. maintain compliance with SEC regulations and fosters transparency in the company's operations. Keywords: Oklahoma Registration Rights Agreement, Visible Genetics, Inc., purchasers, common shares, securities, Piggyback Registration Rights, Demand Registration Rights, Shelf Registration Rights, SEC, procedures, availability period, indemnification, expenses, limitations, transferability, liquidity, compliance, transparency.

The Oklahoma Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company is a legally binding document that outlines the rights and obligations of both parties in relation to the registration of securities. In Oklahoma, there are different types of Registration Rights Agreements that can be entered into between Visible Genetics, Inc. and the purchasers of common shares. These agreements are tailored to meet specific requirements and preferences of the parties involved. The most common types include: 1. Piggyback Registration Rights: This type of agreement allows the common shareholders to "piggyback" on any registration statement filed by Visible Genetics, Inc. with the U.S. Securities and Exchange Commission (SEC). If the company decides to register additional shares, the common shareholders have the right to include their shares in the registration. 2. Demand Registration Rights: With this agreement, the common shareholders have the ability to request that Visible Genetics, Inc. registers their shares with the SEC. This right is usually exercisable after a certain period of time has passed since the initial public offering (IPO) or another specified triggering event. 3. Shelf Registration Rights: This type of agreement grants common shareholders the right to have their shares included in any registration statement filed by Visible Genetics, Inc. at any time during a specified period. The shareholders can sell their shares on the open market without waiting for a specific registration event. The Oklahoma Registration Rights Agreement includes various important clauses and provisions. It typically covers the procedures for registration, the availability period, indemnification, expenses, and limitations on transferability of the registered securities. It also specifies the information that the purchasers of common shares must provide to Visible Genetics, Inc. for proper registration. The agreement ensures that the purchasers of common shares have the opportunity to sell their shares in a public market, thereby providing them with liquidity. It also helps Visible Genetics, Inc. maintain compliance with SEC regulations and fosters transparency in the company's operations. Keywords: Oklahoma Registration Rights Agreement, Visible Genetics, Inc., purchasers, common shares, securities, Piggyback Registration Rights, Demand Registration Rights, Shelf Registration Rights, SEC, procedures, availability period, indemnification, expenses, limitations, transferability, liquidity, compliance, transparency.