Montgomery Maryland 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: Montgomery
• 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 Montgomery Maryland Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the specific terms and conditions regarding the registration rights of common shares held by purchasers of Visible Genetics, Inc. Visible Genetics, Inc. is a company based in Montgomery, Maryland that specializes in genetic testing and diagnostics. The Amendment No. 2 to Registration Rights Agreement serves as an additional clause or modification to the original agreement between Visible Genetics, Inc. and its shareholders. Keywords: Montgomery Maryland, Visible Genetics, Inc., Amendment No. 2, Registration Rights Agreement, common shares, purchasers, genetic testing, diagnostics. This amendment is designed to protect the rights and interests of the shareholders and facilitate the free trading of their common shares in compliance with applicable securities laws. By agreeing to this amendment, the purchasers of common shares gain certain privileges and benefits related to the registration and sale of their shares. Possible types of Montgomery Maryland Amendment No. 2 to Registration Rights Agreement could include: 1. Extension of Registration Period: This type of amendment may extend the time frame within which Visible Genetics, Inc. is required to register the common shares owned by the purchasers. It could provide additional flexibility to the company while ensuring that the shareholders' interests are still protected. 2. Modification of Registration Procedures: This amendment may outline certain changes to the registration procedures as laid out in the original agreement. It could specify any modifications to the process and requirements for registering and selling the common shares, potentially simplifying or streamlining the process. 3. Waiver of Registration Rights: In some cases, shareholders may agree to waive their registration rights, relinquishing the company's obligation to register their shares. This type of amendment could detail the terms and conditions under which such waivers are permitted and the implications for the shareholders. 4. Transfers and Assignments: This amendment may address the transferability and assignment of registration rights from one shareholder to another. It could specify the procedures and requirements for transferring registration rights and any restrictions or limitations that may apply. Overall, the Montgomery Maryland Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and its purchasers of common shares aims to provide clear guidelines for the registration and sale of shares, ensuring transparency and protecting the rights of the shareholders in relation to the company's genetic testing and diagnostics business.

Montgomery Maryland Amendment No. 2 to Registration Rights Agreement is a legal document that outlines the specific terms and conditions regarding the registration rights of common shares held by purchasers of Visible Genetics, Inc. Visible Genetics, Inc. is a company based in Montgomery, Maryland that specializes in genetic testing and diagnostics. The Amendment No. 2 to Registration Rights Agreement serves as an additional clause or modification to the original agreement between Visible Genetics, Inc. and its shareholders. Keywords: Montgomery Maryland, Visible Genetics, Inc., Amendment No. 2, Registration Rights Agreement, common shares, purchasers, genetic testing, diagnostics. This amendment is designed to protect the rights and interests of the shareholders and facilitate the free trading of their common shares in compliance with applicable securities laws. By agreeing to this amendment, the purchasers of common shares gain certain privileges and benefits related to the registration and sale of their shares. Possible types of Montgomery Maryland Amendment No. 2 to Registration Rights Agreement could include: 1. Extension of Registration Period: This type of amendment may extend the time frame within which Visible Genetics, Inc. is required to register the common shares owned by the purchasers. It could provide additional flexibility to the company while ensuring that the shareholders' interests are still protected. 2. Modification of Registration Procedures: This amendment may outline certain changes to the registration procedures as laid out in the original agreement. It could specify any modifications to the process and requirements for registering and selling the common shares, potentially simplifying or streamlining the process. 3. Waiver of Registration Rights: In some cases, shareholders may agree to waive their registration rights, relinquishing the company's obligation to register their shares. This type of amendment could detail the terms and conditions under which such waivers are permitted and the implications for the shareholders. 4. Transfers and Assignments: This amendment may address the transferability and assignment of registration rights from one shareholder to another. It could specify the procedures and requirements for transferring registration rights and any restrictions or limitations that may apply. Overall, the Montgomery Maryland Amendment No. 2 to Registration Rights Agreement between Visible Genetics, Inc. and its purchasers of common shares aims to provide clear guidelines for the registration and sale of shares, ensuring transparency and protecting the rights of the shareholders in relation to the company's genetic testing and diagnostics business.