Wisconsin 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. The Wisconsin Registration Rights Agreement is a legal document that outlines the rights and obligations of both GEN International, Inc. (the "Company") and purchasers of shares in relation to the sale and registration of these shares. The agreement ensures that purchasers have the right to register their shares with the appropriate regulatory authorities, thereby allowing them to sell or transfer their shares in compliance with applicable securities laws. Under the Wisconsin Registration Rights Agreement, purchasers are granted certain rights and protections, including the right to request the registration of their shares with the Securities and Exchange Commission (SEC) or any other regulatory body as required by state or federal law. This registration process ensures that purchasers have the ability to freely sell or transfer their shares in the open market, subject to any restrictions or limitations outlined in the agreement. The agreement may also include provisions for the Company to bear the costs associated with the registration process, such as legal and accounting fees. This helps to ensure that purchasers are not burdened with significant expenses when exercising their registration rights. Different types of Wisconsin Registration Rights Agreements may exist between GEN International, Inc. and purchasers, depending on the specific terms and conditions agreed upon. Some common types of agreements include: 1. Piggyback Registration Rights Agreement: This type of agreement allows purchasers to "piggyback" on the Company's registration statement. If the Company intends to register any of its securities for public sale, purchasers have the right to included their shares in the registration statement, allowing them to sell their shares alongside the Company's offering. 2. Demand Registration Rights Agreement: In a demand registration, purchasers have the right to request the Company to register their shares for sale. These demands can often be triggered by specific events, such as the passage of a certain period of time or the achievement of predetermined milestones. 3. Shelf Registration Rights Agreement: This type of agreement allows purchasers to have their shares registered on a "shelf" registration statement. Unlike other types of registration, which require immediate sale upon registration, shelf registration provides flexibility by allowing purchasers to sell their shares at their own discretion over a predetermined period of time. It is important to note that the specifics of the Wisconsin Registration Rights Agreement can vary depending on the individual circumstances and negotiations between the Company and the purchasers. Therefore, it is crucial to review the specific agreement in question to understand the exact terms and conditions governing the registration and sale of shares.

The Wisconsin Registration Rights Agreement is a legal document that outlines the rights and obligations of both GEN International, Inc. (the "Company") and purchasers of shares in relation to the sale and registration of these shares. The agreement ensures that purchasers have the right to register their shares with the appropriate regulatory authorities, thereby allowing them to sell or transfer their shares in compliance with applicable securities laws. Under the Wisconsin Registration Rights Agreement, purchasers are granted certain rights and protections, including the right to request the registration of their shares with the Securities and Exchange Commission (SEC) or any other regulatory body as required by state or federal law. This registration process ensures that purchasers have the ability to freely sell or transfer their shares in the open market, subject to any restrictions or limitations outlined in the agreement. The agreement may also include provisions for the Company to bear the costs associated with the registration process, such as legal and accounting fees. This helps to ensure that purchasers are not burdened with significant expenses when exercising their registration rights. Different types of Wisconsin Registration Rights Agreements may exist between GEN International, Inc. and purchasers, depending on the specific terms and conditions agreed upon. Some common types of agreements include: 1. Piggyback Registration Rights Agreement: This type of agreement allows purchasers to "piggyback" on the Company's registration statement. If the Company intends to register any of its securities for public sale, purchasers have the right to included their shares in the registration statement, allowing them to sell their shares alongside the Company's offering. 2. Demand Registration Rights Agreement: In a demand registration, purchasers have the right to request the Company to register their shares for sale. These demands can often be triggered by specific events, such as the passage of a certain period of time or the achievement of predetermined milestones. 3. Shelf Registration Rights Agreement: This type of agreement allows purchasers to have their shares registered on a "shelf" registration statement. Unlike other types of registration, which require immediate sale upon registration, shelf registration provides flexibility by allowing purchasers to sell their shares at their own discretion over a predetermined period of time. It is important to note that the specifics of the Wisconsin Registration Rights Agreement can vary depending on the individual circumstances and negotiations between the Company and the purchasers. Therefore, it is crucial to review the specific agreement in question to understand the exact terms and conditions governing the registration and sale of shares.