Virgin Islands 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. Virgin Islands Registration Rights Agreement is a legal document that outlines the rights and responsibilities of GEN International, Inc. and purchasers concerning the sale of shares in the Virgin Islands. This agreement ensures that purchasers have the right to register their shares with the appropriate regulatory bodies and undertake the necessary steps for a transparent and lawful sale process. The Virgin Islands Registration Rights Agreement has several types, each catering to specific needs and situations. These types include: 1. Standard Registration Rights Agreement: This is the most common type of agreement, allowing purchasers to register their shares for public sale under the applicable securities laws in the Virgin Islands. It typically includes provisions regarding the timing, manner, and cost of registration. 2. Piggyback Registration Rights Agreement: This type of agreement gives purchasers the right to include their shares in a registration statement filed by GEN International, Inc. for its own securities. It allows purchasers to piggyback on the company's registration process, offering them the opportunity to sell their shares alongside the company. 3. Demand Registration Rights Agreement: This agreement grants purchasers the right to request GEN International, Inc. to register their shares for sale at any time during a specified period. The company is obligated to fulfill this request within a reasonable timeframe, subject to certain conditions specified in the agreement. 4. Shelf Registration Rights Agreement: In this type of agreement, GEN International, Inc. provides purchasers with the ability to register their shares for a delayed offering or sale in the future. It is often used when purchasers do not require immediate liquidity and want the flexibility to sell their shares at a later date. 5. S-3 Registration Rights Agreement: This agreement is specific to purchasers who qualify for the use of Form S-3, a simplified securities' registration form, due to certain eligibility criteria. It provides purchasers the right to utilize this form and register their shares for sale more efficiently and with reduced costs compared to other registration methods. Regardless of the specific type, a Virgin Islands Registration Rights Agreement outlines important details such as the number of shares to be registered, the registration process, responsibilities of both parties, indemnification clauses, and other provisions to ensure compliance with local laws and regulations. In conclusion, the Virgin Islands Registration Rights Agreement establishes a framework for purchasers to register and sell their shares in a legal and transparent manner while protecting the interests and obligations of GEN International, Inc. and purchasers alike.

Virgin Islands Registration Rights Agreement is a legal document that outlines the rights and responsibilities of GEN International, Inc. and purchasers concerning the sale of shares in the Virgin Islands. This agreement ensures that purchasers have the right to register their shares with the appropriate regulatory bodies and undertake the necessary steps for a transparent and lawful sale process. The Virgin Islands Registration Rights Agreement has several types, each catering to specific needs and situations. These types include: 1. Standard Registration Rights Agreement: This is the most common type of agreement, allowing purchasers to register their shares for public sale under the applicable securities laws in the Virgin Islands. It typically includes provisions regarding the timing, manner, and cost of registration. 2. Piggyback Registration Rights Agreement: This type of agreement gives purchasers the right to include their shares in a registration statement filed by GEN International, Inc. for its own securities. It allows purchasers to piggyback on the company's registration process, offering them the opportunity to sell their shares alongside the company. 3. Demand Registration Rights Agreement: This agreement grants purchasers the right to request GEN International, Inc. to register their shares for sale at any time during a specified period. The company is obligated to fulfill this request within a reasonable timeframe, subject to certain conditions specified in the agreement. 4. Shelf Registration Rights Agreement: In this type of agreement, GEN International, Inc. provides purchasers with the ability to register their shares for a delayed offering or sale in the future. It is often used when purchasers do not require immediate liquidity and want the flexibility to sell their shares at a later date. 5. S-3 Registration Rights Agreement: This agreement is specific to purchasers who qualify for the use of Form S-3, a simplified securities' registration form, due to certain eligibility criteria. It provides purchasers the right to utilize this form and register their shares for sale more efficiently and with reduced costs compared to other registration methods. Regardless of the specific type, a Virgin Islands Registration Rights Agreement outlines important details such as the number of shares to be registered, the registration process, responsibilities of both parties, indemnification clauses, and other provisions to ensure compliance with local laws and regulations. In conclusion, the Virgin Islands Registration Rights Agreement establishes a framework for purchasers to register and sell their shares in a legal and transparent manner while protecting the interests and obligations of GEN International, Inc. and purchasers alike.