Hillsborough 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: Hillsborough
• 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 Hillsborough Florida Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the terms and conditions between Visible Genetics, Inc. (the company) and the common share purchasers in relation to registration rights. This detailed description focuses on the different types of Hillsborough Florida Amendment No. 2 to Registration Rights Agreement and highlights relevant keywords. 1. Amendment: The Hillsborough Florida Amendment No. 2 signifies that there have been prior amendments made to the original agreement. This clarification ensures that both Visible Genetics, Inc. and the purchasing parties are aware of the specific changes made in this document. 2. Registration Rights: This refers to the rights granted to the purchasers of common shares to have their shares registered with the relevant regulatory authorities. By registering their shares, the purchasers gain the ability to sell or transfer their shares in compliance with applicable securities laws. 3. Visible Genetics, Inc.: This is the name of the company involved in the agreement. Visible Genetics, Inc. is a business entity located in Hillsborough, Florida, and it is party to this agreement. 4. Common Shares: Common shares represent ownership in a corporation and provide the shareholders with voting rights and potential profit-sharing through dividends. The agreement focuses on the purchasers of these common shares. 5. Purchasers: The agreement involves multiple purchasers who have acquired common shares from Visible Genetics, Inc. These purchasers may include individuals, institutional investors, or other entities. 6. Types of Amendments: While the specific types of Hillsborough Florida Amendment No. 2 may vary, they generally include changes to registration timelines, the number of shares to be registered, voting rights, disclosure requirements, or any other provisions related to the registration rights of the purchasers. 7. Compliance: The agreement ensures compliance with state and federal securities laws and regulations in the state of Florida, specifically in Hillsborough County, where Visible Genetics, Inc. is located. 8. Legal Protection: The agreement aims to protect the rights and interests of the purchasers by providing them with the necessary legal safeguards when it comes to registering and selling their common shares in Visible Genetics, Inc. 9. Term and Termination: The agreement may establish a specific term during which the registration rights are granted. It may also include provisions for the termination of these rights under certain circumstances, such as the company going public, a change in control, or other predefined events. 10. Future Amendments: The agreement may outline procedures for making future amendments, allowing both parties to modify or update the provisions as necessary to reflect the changing circumstances. Overall, Hillsborough Florida Amendment No. 2 to Registration Rights Agreement serves to provide structure, clarity, and protection for the rights of purchasers of common shares of Visible Genetics, Inc. in relation to the registration process.

Hillsborough Florida Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the terms and conditions between Visible Genetics, Inc. (the company) and the common share purchasers in relation to registration rights. This detailed description focuses on the different types of Hillsborough Florida Amendment No. 2 to Registration Rights Agreement and highlights relevant keywords. 1. Amendment: The Hillsborough Florida Amendment No. 2 signifies that there have been prior amendments made to the original agreement. This clarification ensures that both Visible Genetics, Inc. and the purchasing parties are aware of the specific changes made in this document. 2. Registration Rights: This refers to the rights granted to the purchasers of common shares to have their shares registered with the relevant regulatory authorities. By registering their shares, the purchasers gain the ability to sell or transfer their shares in compliance with applicable securities laws. 3. Visible Genetics, Inc.: This is the name of the company involved in the agreement. Visible Genetics, Inc. is a business entity located in Hillsborough, Florida, and it is party to this agreement. 4. Common Shares: Common shares represent ownership in a corporation and provide the shareholders with voting rights and potential profit-sharing through dividends. The agreement focuses on the purchasers of these common shares. 5. Purchasers: The agreement involves multiple purchasers who have acquired common shares from Visible Genetics, Inc. These purchasers may include individuals, institutional investors, or other entities. 6. Types of Amendments: While the specific types of Hillsborough Florida Amendment No. 2 may vary, they generally include changes to registration timelines, the number of shares to be registered, voting rights, disclosure requirements, or any other provisions related to the registration rights of the purchasers. 7. Compliance: The agreement ensures compliance with state and federal securities laws and regulations in the state of Florida, specifically in Hillsborough County, where Visible Genetics, Inc. is located. 8. Legal Protection: The agreement aims to protect the rights and interests of the purchasers by providing them with the necessary legal safeguards when it comes to registering and selling their common shares in Visible Genetics, Inc. 9. Term and Termination: The agreement may establish a specific term during which the registration rights are granted. It may also include provisions for the termination of these rights under certain circumstances, such as the company going public, a change in control, or other predefined events. 10. Future Amendments: The agreement may outline procedures for making future amendments, allowing both parties to modify or update the provisions as necessary to reflect the changing circumstances. Overall, Hillsborough Florida Amendment No. 2 to Registration Rights Agreement serves to provide structure, clarity, and protection for the rights of purchasers of common shares of Visible Genetics, Inc. in relation to the registration process.