Kings New York Sample Common Shares Purchase Agreement is a legal document that outlines the terms and conditions governing the purchase of common shares in Visible Genetics, Inc. by investors. This agreement serves to protect the interests of both parties involved in the transaction and ensures a smooth transfer of ownership. The key components of the Kings New York Sample Common Shares Purchase Agreement include the identification of the parties involved, specifically Visible Genetics, Inc. and the investors. It also outlines the purpose of the agreement, which is the purchase and sale of common shares. The agreement specifies the number of shares to be purchased by the investors, the purchase price per share, and the total purchase price. It further highlights the closing date, by which the transaction should be completed, and any conditions precedent that must be satisfied for the sale to proceed. In addition, the Kings New York Sample Common Shares Purchase Agreement contains provisions related to representations and warranties made by both Visible Genetics, Inc. and the investors. These representations and warranties ensure that the parties involved are providing accurate and truthful information about their respective positions, financial or otherwise. The agreement also includes details about any indemnification obligations, which may arise in the event of a breach or misrepresentation by either party. This serves to mitigate the risk and potential damages associated with the transaction. Different types of Kings New York Sample Common Shares Purchase Agreements between Visible Genetics, Inc. and Investors may include variations in terms such as the purchase price, the number of shares being purchased, or the specific representations and warranties provided by the parties. These agreements can be customized to meet the specific needs and requirements of the parties involved. In conclusion, the Kings New York Sample Common Shares Purchase Agreement is a crucial legal document that governs the purchase of common shares in Visible Genetics, Inc. It outlines the rights and obligations of both the company and the investors, safeguarding their interests and ensuring a transparent and fair transaction.