Texas Amendment No. 2 to Registration Rights Agreement is a legally binding document that governs the rights and obligations of Visible Genetics, Inc. (the "Company") and purchasers of common shares of the Company (the "Purchasers"). This Amendment modifies the original registration rights agreement and specifies certain conditions and requirements related to the registration of the common shares of the Company. Under the Texas Amendment No. 2, the Company agrees to make reasonable efforts to file a registration statement with the Securities and Exchange Commission (SEC) as requested by the Purchasers. This registration statement will cover the resale of the common shares by the Purchasers in accordance with the Securities Act of 1933. The Agreement grants the Purchasers the right to request the Company to register their common shares for resale, subject to certain conditions and limitations. These conditions may include the provision of updated financial information, cooperation in the preparation of the registration statement, and other reasonable requests made by the Company. Additionally, the Amendment may outline specific provisions related to the timing and process of the registration, including the effective date of the registration statement, the number of shares to be registered, and any restrictions on the sale of the registered shares. Other types of Texas Amendments to the Registration Rights Agreement may exist, depending on the specific circumstances and needs of the parties involved. These amendments could address matters such as changing registration rights, adjustments to the conversion of securities, modification of termination conditions, or any other relevant issues related to the registration process. Overall, the Texas Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company ensures transparency in the resale of common shares and protects the interests of both the Company and the Purchasers. It establishes clear guidelines and procedures for the registration process and creates a framework for cooperation between the parties involved.