Oregon Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9208
• Format: Word; Rich Text

Description

Common Shares Purchase Agreement of Visible Genetics, Inc. regarding the sale and purchase of common shares dated December 14, 1999. 26 pages. Title: Oregon Sample Common Shares Purchase Agreement: A Comprehensive Guide Keywords: Oregon, Sample Common Shares Purchase Agreement, Visible Genetics, Inc., Investors, Types Introduction: The Oregon Sample Common Shares Purchase Agreement is a legally binding document that governs the purchase and sale of common shares between Visible Genetics, Inc. (the "Company") and interested investors. This detailed description provides an overview of this agreement, including key provisions, rights, and obligations for both parties involved. Key Provisions within the Agreement: 1. Parties: Visible Genetics, Inc. (the "Company") and Investors 2. Definitions: Clearly defines terms used throughout the agreement 3. Consideration: Determines the purchase price, payment terms, and potential adjustments 4. Representations and Warranties: Statements made by both parties regarding the accuracy of provided information 5. Covenants: Specific promises and undertakings made by the Company and Investors 6. Conditions Precedent: Outlines events that must occur before the agreement becomes effective 7. Indemnification: Protection against losses, damages, or legal claims 8. Governing Law: Specifies that the agreement is subject to Oregon state laws 9. Dispute Resolution: Outlines the process for resolving conflicts and potential arbitration or mediation procedures 10. Termination: Lists circumstances under which either party may terminate the agreement Types of Oregon Sample Common Shares Purchase Agreements: 1. Seed Financing Agreement: A type of common shares purchase agreement designed for initial investments, often made by early-stage investors or venture capitalists. 2. Private Placement Agreement: Pertains to the sale of common shares to a specific group of investors, excluding the public. 3. Follow-On Financing Agreement: Focuses on subsequent rounds of financing after the initial investment, accommodating additional investor contributions. 4. Convertible Debt Financing Agreement: Combines debt and equity, allowing investors to convert their debt investments into common shares at a predetermined conversion ratio. Conclusion: The Oregon Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors is a crucial legal document that facilitates the purchase and sale of common shares while establishing rights and obligations for both parties involved. This versatile agreement can be tailored to various types of investments based on the specific needs and preferences of the Company and Investors. It is essential to consult legal professionals to draft and review an agreement that meets the unique requirements of all parties.

Title: Oregon Sample Common Shares Purchase Agreement: A Comprehensive Guide Keywords: Oregon, Sample Common Shares Purchase Agreement, Visible Genetics, Inc., Investors, Types Introduction: The Oregon Sample Common Shares Purchase Agreement is a legally binding document that governs the purchase and sale of common shares between Visible Genetics, Inc. (the "Company") and interested investors. This detailed description provides an overview of this agreement, including key provisions, rights, and obligations for both parties involved. Key Provisions within the Agreement: 1. Parties: Visible Genetics, Inc. (the "Company") and Investors 2. Definitions: Clearly defines terms used throughout the agreement 3. Consideration: Determines the purchase price, payment terms, and potential adjustments 4. Representations and Warranties: Statements made by both parties regarding the accuracy of provided information 5. Covenants: Specific promises and undertakings made by the Company and Investors 6. Conditions Precedent: Outlines events that must occur before the agreement becomes effective 7. Indemnification: Protection against losses, damages, or legal claims 8. Governing Law: Specifies that the agreement is subject to Oregon state laws 9. Dispute Resolution: Outlines the process for resolving conflicts and potential arbitration or mediation procedures 10. Termination: Lists circumstances under which either party may terminate the agreement Types of Oregon Sample Common Shares Purchase Agreements: 1. Seed Financing Agreement: A type of common shares purchase agreement designed for initial investments, often made by early-stage investors or venture capitalists. 2. Private Placement Agreement: Pertains to the sale of common shares to a specific group of investors, excluding the public. 3. Follow-On Financing Agreement: Focuses on subsequent rounds of financing after the initial investment, accommodating additional investor contributions. 4. Convertible Debt Financing Agreement: Combines debt and equity, allowing investors to convert their debt investments into common shares at a predetermined conversion ratio. Conclusion: The Oregon Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors is a crucial legal document that facilitates the purchase and sale of common shares while establishing rights and obligations for both parties involved. This versatile agreement can be tailored to various types of investments based on the specific needs and preferences of the Company and Investors. It is essential to consult legal professionals to draft and review an agreement that meets the unique requirements of all parties.