Hennepin Minnesota Registration Rights Agreement between IGEN International, Inc. and purchasers regarding sale of shares

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Hennepin
• Control #: US-EG-9343
• Format: Word; Rich Text

Description

Registration Rights Agreement between IGEN International, Inc. and purchasers regarding sale of shares dated January 11, 2000. 23 pages. Hennepin Minnesota Registration Rights Agreement (ERA) is a legal contract between GEN International, Inc. and purchasers relating to the sale of shares. It defines the rights and obligations of both parties in regard to the registration of these shares with the Securities and Exchange Commission (SEC). Below, we describe the key elements and potential types of registration rights agreements under Hennepin Minnesota law, using relevant keywords. 1. Registration Rights Agreement: A general term for the agreement that grants purchasers the right to request registration of their shares with the SEC. This agreement ensures compliance with securities laws and enables purchasers to freely sell the shares in the public market. 2. Demand Registration Rights: These rights give purchasers the power to demand that GEN register their shares with the SEC. Upon exercising this right, the company is obligated to initiate the registration process, subject to certain conditions and limitations detailed in the agreement. Demand registration expedites the liquidity of the shares. 3. Piggyback Registration Rights: Also known as incidental registration rights, piggyback rights allow purchasers to include their shares in GEN's registration statement filed with the SEC. This is typically used when the company is conducting a primary offering of its securities, at its own discretion. The purchasers' shares are "piggybacked" onto the company's registration, eliminating the need and costs of a separate registration process. 4. Shelf Registration Rights: A type of registration agreement that allows purchasers to have their shares registered in advance, without an immediate sale. This enables the purchasers to sell the shares at a later time in the future, as the need arises, quickly and efficiently. Shelf registration rights provide flexibility for the purchasers. 5. Form S-3 Registration Rights: This refers to a specific type of registration that allows purchasers to benefit from the simplified registration process offered by Form S-3, as provided by the SEC. Form S-3 can be utilized when certain eligibility requirements are met, such as having a certain market cap, being up to date with filings, etc. The purchasers can then register their shares using Form S-3, saving time and costs. Hennepin Minnesota Registration Rights Agreement between GEN International, Inc. and purchasers is a crucial component of the share sale process. It ensures transparency, compliance, and the facilitation of the open market for the shares.

Hennepin Minnesota Registration Rights Agreement (ERA) is a legal contract between GEN International, Inc. and purchasers relating to the sale of shares. It defines the rights and obligations of both parties in regard to the registration of these shares with the Securities and Exchange Commission (SEC). Below, we describe the key elements and potential types of registration rights agreements under Hennepin Minnesota law, using relevant keywords. 1. Registration Rights Agreement: A general term for the agreement that grants purchasers the right to request registration of their shares with the SEC. This agreement ensures compliance with securities laws and enables purchasers to freely sell the shares in the public market. 2. Demand Registration Rights: These rights give purchasers the power to demand that GEN register their shares with the SEC. Upon exercising this right, the company is obligated to initiate the registration process, subject to certain conditions and limitations detailed in the agreement. Demand registration expedites the liquidity of the shares. 3. Piggyback Registration Rights: Also known as incidental registration rights, piggyback rights allow purchasers to include their shares in GEN's registration statement filed with the SEC. This is typically used when the company is conducting a primary offering of its securities, at its own discretion. The purchasers' shares are "piggybacked" onto the company's registration, eliminating the need and costs of a separate registration process. 4. Shelf Registration Rights: A type of registration agreement that allows purchasers to have their shares registered in advance, without an immediate sale. This enables the purchasers to sell the shares at a later time in the future, as the need arises, quickly and efficiently. Shelf registration rights provide flexibility for the purchasers. 5. Form S-3 Registration Rights: This refers to a specific type of registration that allows purchasers to benefit from the simplified registration process offered by Form S-3, as provided by the SEC. Form S-3 can be utilized when certain eligibility requirements are met, such as having a certain market cap, being up to date with filings, etc. The purchasers can then register their shares using Form S-3, saving time and costs. Hennepin Minnesota Registration Rights Agreement between GEN International, Inc. and purchasers is a crucial component of the share sale process. It ensures transparency, compliance, and the facilitation of the open market for the shares.