West Virginia Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the modifications made between Visible Genetics, Inc. (the company) and purchasers of common shares based in West Virginia. This amendment aims to provide additional or altered registration rights to the shareholders as agreed upon by both parties involved. One key aspect of West Virginia Amendment No. 2 is its emphasis on registration rights. Registration rights refer to the ability of the common shareholders to request the registration of their shares with the Securities and Exchange Commission (SEC). By registering shares, shareholders can freely sell or transfer their securities to other interested parties in compliance with applicable securities laws. The specific types or categories of West Virginia Amendment No. 2 to Registration Rights Agreement may vary depending on the provisions negotiated between Visible Genetics, Inc. and its common shareholders. However, some common types of amendments that could be seen include: 1. Expansion of Registration Rights: This type of amendment may increase the number of shares eligible for registration. It allows the shareholders to include additional shares in subsequent registrations after the initial agreement. 2. Demand Registration Rights: Pursuant to this amendment, common shareholders can request that Visible Genetics, Inc. registers their shares for public sale. The number of requested shares and conditions for such registration may be negotiated within the Amendment. 3. Shelf Registration Rights: This amendment provides shareholders with the ability to include their shares in a shelf registration statement. This allows the shareholder to sell their shares in a more convenient manner by avoiding the need for a separate registration statement for each sale. 4. Piggyback Registration Rights: In the case that Visible Genetics, Inc. undergoes a public offering, this amendment allows common shareholders to "piggyback" their shares onto the registration statement filed by the company. This enables shareholders to sell their securities alongside the company's offering. These are just some potential types of West Virginia Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares. The actual provisions and terms within the document may differ depending on the specific agreement reached between the company and the shareholders in West Virginia.