The Riverside California Registration Rights Agreement between Visible Genetics, Inc. and the purchasers of common shares of the company is a legally binding document that outlines the rights and obligations of both parties regarding the registration of the common shares with the Securities and Exchange Commission (SEC) in Riverside, California. This agreement grants the purchasers of common shares the right to request that Visible Genetics, Inc. register their shares with the SEC. By registering the shares, the company allows these shareholders to freely sell or transfer their shares to other parties in compliance with applicable securities laws. The agreement typically includes provisions that outline the registration process, timing, and costs associated with the registration. It may also specify the method by which the purchasers can request registration, such as through written notice to the company. Additionally, the agreement may establish certain limitations on the number of shares that can be registered at a given time to ensure it doesn't unduly burden the company. Different types of Riverside California Registration Rights Agreement may include: 1. Demand Registration Rights: This type of agreement grants the purchasers the right to request registration of their shares at any time, subject to certain conditions outlined in the agreement. 2. Piggyback Registration Rights: In this type of agreement, the purchasers have the right to include their shares in a registration statement filed by Visible Genetics, Inc. for other purposes, such as a public offering. This allows them to take advantage of the registration process without the need to initiate it themselves. 3. S-3 Registration Rights: This agreement allows the purchasers to request registration on Form S-3, a simplified registration form available to eligible companies. This provides a more expedited registration process, subject to meeting specific criteria set forth by the SEC. It's important to note that the contents and terms of these agreements can vary depending on various factors, such as the specific needs and circumstances of the company and its shareholders. It's recommended to consult a legal professional to ensure compliance with applicable laws and regulations when drafting or interpreting a Riverside California Registration Rights Agreement.