Utah 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. Title: Utah Registration Rights Agreement: Understanding the Sale of Shares between GEN International, Inc. and Purchasers Introduction: The Utah Registration Rights Agreement plays a crucial role in facilitating the sale of shares between GEN International, Inc. and purchasers. This agreement grants certain rights to the purchasers to ensure their ability to register securities with regulatory authorities. In this detailed description, we will explore the various aspects of the Utah Registration Rights Agreement, its importance, and potential types that may exist. Keywords: Utah Registration Rights Agreement, GEN International, Inc., purchasers, sale of shares, securities, regulatory authorities 1. Purpose and Overview: The Utah Registration Rights Agreement establishes the terms and conditions regarding the registration of securities that purchasers receive through the sale of shares in GEN International, Inc. This legal agreement ensures compliance with applicable securities laws and regulations while protecting the interests of both parties involved. 2. Rights Granted to Purchasers: The agreement outlines the rights and privileges purchasers hold regarding the registration of their acquired securities. These rights may include: — Demand Registration Rights: Purchasers may request GEN International, Inc. to file a registration statement on their behalf, entitling them to sell their securities to the public. — Piggyback Registration Rights: Purchasers may have the opportunity to include their securities for registration in any filing by GEN International, Inc. with regulatory authorities. — Shelf RegistratioRightsizeGNNNNNNNE NENEN International, Inc. is eligible, purchasers may have the right to request the registration of their securities on the company's shelf registration statement. 3. Obligations of GEN International, Inc.: The agreement also requires GEN International, Inc. to fulfill certain obligations, which may include: — Filing Requirements: The company is responsible for filing the necessary registration statements with regulatory authorities promptly. — Financial StatementsGENEN International, Inc. must ensure that all required to be audited financial statements are included in the registration statements. — Timeliness: The company must strive to complete and maintain registrations effectively, ensuring compliance with legal deadlines. Types of Utah Registration Rights Agreements: 1. Standard Utah Registration Rights Agreement: This is the most common type of agreement, specifying the rights and obligations discussed above. It provides purchasers with the necessary protections and GEN International, Inc. with clear guidelines for registration. 2. Amended and Restated Utah Registration Rights Agreement: In situations where the original agreement needs to be modified, an amended and restated agreement may be executed. This agreement updates any relevant terms, conditions, or provisions while maintaining the continuity of the rights and obligations of both parties. 3. Limited Utah Registration Rights Agreement: In some cases, purchasers may opt for a limited registration rights agreement, which grants them fewer rights or specific limitations on their ability to register or sell their securities. This type of agreement is typically negotiated based on the unique circumstances of the shareholders. Conclusion: The Utah Registration Rights Agreement acts as a crucial legal document that governs the sale of shares between GEN International, Inc. and purchasers. By understanding the rights granted to purchasers and the obligations of the issuing company, both parties can ensure compliance with securities laws and maintain transparency. With various types of agreements available, the terms can be tailored to meet the specific needs and circumstances of the shareholders.

Title: Utah Registration Rights Agreement: Understanding the Sale of Shares between GEN International, Inc. and Purchasers Introduction: The Utah Registration Rights Agreement plays a crucial role in facilitating the sale of shares between GEN International, Inc. and purchasers. This agreement grants certain rights to the purchasers to ensure their ability to register securities with regulatory authorities. In this detailed description, we will explore the various aspects of the Utah Registration Rights Agreement, its importance, and potential types that may exist. Keywords: Utah Registration Rights Agreement, GEN International, Inc., purchasers, sale of shares, securities, regulatory authorities 1. Purpose and Overview: The Utah Registration Rights Agreement establishes the terms and conditions regarding the registration of securities that purchasers receive through the sale of shares in GEN International, Inc. This legal agreement ensures compliance with applicable securities laws and regulations while protecting the interests of both parties involved. 2. Rights Granted to Purchasers: The agreement outlines the rights and privileges purchasers hold regarding the registration of their acquired securities. These rights may include: — Demand Registration Rights: Purchasers may request GEN International, Inc. to file a registration statement on their behalf, entitling them to sell their securities to the public. — Piggyback Registration Rights: Purchasers may have the opportunity to include their securities for registration in any filing by GEN International, Inc. with regulatory authorities. — Shelf RegistratioRightsizeGNNNNNNNE NENEN International, Inc. is eligible, purchasers may have the right to request the registration of their securities on the company's shelf registration statement. 3. Obligations of GEN International, Inc.: The agreement also requires GEN International, Inc. to fulfill certain obligations, which may include: — Filing Requirements: The company is responsible for filing the necessary registration statements with regulatory authorities promptly. — Financial StatementsGENEN International, Inc. must ensure that all required to be audited financial statements are included in the registration statements. — Timeliness: The company must strive to complete and maintain registrations effectively, ensuring compliance with legal deadlines. Types of Utah Registration Rights Agreements: 1. Standard Utah Registration Rights Agreement: This is the most common type of agreement, specifying the rights and obligations discussed above. It provides purchasers with the necessary protections and GEN International, Inc. with clear guidelines for registration. 2. Amended and Restated Utah Registration Rights Agreement: In situations where the original agreement needs to be modified, an amended and restated agreement may be executed. This agreement updates any relevant terms, conditions, or provisions while maintaining the continuity of the rights and obligations of both parties. 3. Limited Utah Registration Rights Agreement: In some cases, purchasers may opt for a limited registration rights agreement, which grants them fewer rights or specific limitations on their ability to register or sell their securities. This type of agreement is typically negotiated based on the unique circumstances of the shareholders. Conclusion: The Utah Registration Rights Agreement acts as a crucial legal document that governs the sale of shares between GEN International, Inc. and purchasers. By understanding the rights granted to purchasers and the obligations of the issuing company, both parties can ensure compliance with securities laws and maintain transparency. With various types of agreements available, the terms can be tailored to meet the specific needs and circumstances of the shareholders.