Montgomery Maryland Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Montgomery
• Control #: US-EG-9209
• Format: Word; Rich Text

Description

Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company (investors) regarding sale of shares dated December 14, 1999. 13 pages. Montgomery Maryland Registration Rights Agreement is a legal document that outlines the rights and responsibilities of Visible Genetics, Inc. and the purchasers of common shares of the company regarding the registration of these shares with the Securities and Exchange Commission (SEC). This agreement ensures transparency and compliance with relevant securities laws. The agreement, tailored specifically for Montgomery, Maryland, dictates the terms under which Visible Genetics, Inc. will register the common shares purchased by investors residing in this jurisdiction. It ensures that these investors have the right to have their shares registered under the federal securities laws and assists in facilitating a transparent market for Visible Genetics, Inc.'s common stock. The agreement may include various types, depending on the specific requirements and preferences of the parties involved. Some possible types of Montgomery Maryland Registration Rights Agreement between Visible Genetics, Inc. and its common share purchasers are: 1. Piggyback Rights: This type of agreement grants the investors the right to include their shares in any registration statement filed by Visible Genetics, Inc. with the SEC. If the company decides to register additional shares for public trading, the investors can "piggyback" onto this registration, saving time and costs associated with separate filings. 2. Demand Rights: In this type of agreement, purchasers of common shares have the right to demand that Visible Genetics, Inc. register their shares with the SEC. The company is obligated to file a registration statement and ensure it becomes effective within a specified timeframe, as per the investors' request. 3. S-3 Shelf Registration Rights: If permitted by applicable securities laws, this agreement option allows investors to request that Visible Genetics, Inc. includes their shares in an S-3 shelf registration statement. This flexibility gives investors the ability to sell their shares periodically without requiring separate registration statements for each transaction. 4. Form S-8 Registration Rights: This type of agreement caters to purchasers of common shares who are employees, directors, or consultants of Visible Genetics, Inc. It allows these individuals to register their shares to facilitate their participation in employee benefit plans or stock option programs. These various types of Montgomery Maryland Registration Rights Agreement ensure that Visible Genetics, Inc. and its common share purchasers have a clear understanding of how the registration process will be conducted and the rights and obligations involved. This agreement promotes transparency, investor protection, and compliance with securities regulations in Montgomery, Maryland.

Montgomery Maryland Registration Rights Agreement is a legal document that outlines the rights and responsibilities of Visible Genetics, Inc. and the purchasers of common shares of the company regarding the registration of these shares with the Securities and Exchange Commission (SEC). This agreement ensures transparency and compliance with relevant securities laws. The agreement, tailored specifically for Montgomery, Maryland, dictates the terms under which Visible Genetics, Inc. will register the common shares purchased by investors residing in this jurisdiction. It ensures that these investors have the right to have their shares registered under the federal securities laws and assists in facilitating a transparent market for Visible Genetics, Inc.'s common stock. The agreement may include various types, depending on the specific requirements and preferences of the parties involved. Some possible types of Montgomery Maryland Registration Rights Agreement between Visible Genetics, Inc. and its common share purchasers are: 1. Piggyback Rights: This type of agreement grants the investors the right to include their shares in any registration statement filed by Visible Genetics, Inc. with the SEC. If the company decides to register additional shares for public trading, the investors can "piggyback" onto this registration, saving time and costs associated with separate filings. 2. Demand Rights: In this type of agreement, purchasers of common shares have the right to demand that Visible Genetics, Inc. register their shares with the SEC. The company is obligated to file a registration statement and ensure it becomes effective within a specified timeframe, as per the investors' request. 3. S-3 Shelf Registration Rights: If permitted by applicable securities laws, this agreement option allows investors to request that Visible Genetics, Inc. includes their shares in an S-3 shelf registration statement. This flexibility gives investors the ability to sell their shares periodically without requiring separate registration statements for each transaction. 4. Form S-8 Registration Rights: This type of agreement caters to purchasers of common shares who are employees, directors, or consultants of Visible Genetics, Inc. It allows these individuals to register their shares to facilitate their participation in employee benefit plans or stock option programs. These various types of Montgomery Maryland Registration Rights Agreement ensure that Visible Genetics, Inc. and its common share purchasers have a clear understanding of how the registration process will be conducted and the rights and obligations involved. This agreement promotes transparency, investor protection, and compliance with securities regulations in Montgomery, Maryland.