Broward Florida Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and purchasers of common shares of the company

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Broward
• Control #: US-EG-9138
• Format: Word; Rich Text

Description

Amendment No. 2 to Registration Rights Agreement between Turnstone Systems, Inc. and purchaser dated January 12, 1998. 4 pages Broward Florida Amendment No. 2 to Registration Rights Agreement is a legally binding document that outlines the terms and conditions for the registration of common shares of Visible Genetics, Inc. for purchasers of the company. This amendment specifically applies to transactions occurring within Broward County, Florida. The purpose of this amendment is to modify or update certain provisions of the original Registration Rights Agreement between Visible Genetics, Inc. and its common share purchasers. It provides specific regulations and guidelines to ensure proper registration of common shares and to protect the rights and interests of the shareholders in Broward County. Key provisions of Broward Florida Amendment No. 2 may include, but are not limited to: 1. Amended Registration Procedures: This amendment may detail revised procedures, obligations, and timelines for the registration of common shares. It could outline the steps required for Visible Genetics, Inc. to comply with applicable state and federal securities laws and regulations. 2. Enhanced Reporting Requirements: The amendment may introduce more extensive reporting obligations for Visible Genetics, Inc. These requirements might include timely filing of financial statements, periodic reports, and other relevant disclosures to keep shareholders informed about the company's financial performance and prospects. 3. Clauses for Shareholders' Rights: Broward Florida Amendment No. 2 may address specific rights of the common share purchasers, such as the ability to request registration of their shares, piggyback rights (the right to participate in registrations initiated by the company), information rights, and certain restrictions on the sale or transfer of shares. 4. Conditions and Termination: The amendment might define the conditions that trigger its effectiveness, such as the approval of a certain percentage of shareholders or the occurrence of specific events. Additionally, it may outline the termination provisions or circumstances where the amendment ceases to be in effect. It's important to note that while certain aspects of the Broward Florida Amendment No. 2 to Registration Rights Agreement may be common, the specific terms and provisions can vary depending on the particular agreement between Visible Genetics, Inc. and its common share purchasers. Therefore, the details of the Amendment may differ from one agreement to another.

Broward Florida Amendment No. 2 to Registration Rights Agreement is a legally binding document that outlines the terms and conditions for the registration of common shares of Visible Genetics, Inc. for purchasers of the company. This amendment specifically applies to transactions occurring within Broward County, Florida. The purpose of this amendment is to modify or update certain provisions of the original Registration Rights Agreement between Visible Genetics, Inc. and its common share purchasers. It provides specific regulations and guidelines to ensure proper registration of common shares and to protect the rights and interests of the shareholders in Broward County. Key provisions of Broward Florida Amendment No. 2 may include, but are not limited to: 1. Amended Registration Procedures: This amendment may detail revised procedures, obligations, and timelines for the registration of common shares. It could outline the steps required for Visible Genetics, Inc. to comply with applicable state and federal securities laws and regulations. 2. Enhanced Reporting Requirements: The amendment may introduce more extensive reporting obligations for Visible Genetics, Inc. These requirements might include timely filing of financial statements, periodic reports, and other relevant disclosures to keep shareholders informed about the company's financial performance and prospects. 3. Clauses for Shareholders' Rights: Broward Florida Amendment No. 2 may address specific rights of the common share purchasers, such as the ability to request registration of their shares, piggyback rights (the right to participate in registrations initiated by the company), information rights, and certain restrictions on the sale or transfer of shares. 4. Conditions and Termination: The amendment might define the conditions that trigger its effectiveness, such as the approval of a certain percentage of shareholders or the occurrence of specific events. Additionally, it may outline the termination provisions or circumstances where the amendment ceases to be in effect. It's important to note that while certain aspects of the Broward Florida Amendment No. 2 to Registration Rights Agreement may be common, the specific terms and provisions can vary depending on the particular agreement between Visible Genetics, Inc. and its common share purchasers. Therefore, the details of the Amendment may differ from one agreement to another.