Orange California Registration Rights Agreement between IGEN International, Inc. and purchasers regarding sale of shares

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Orange
• 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. The Orange California Registration Rights Agreement between GEN International, Inc. and purchasers is a legally binding document that outlines the rights and obligations of both parties in relation to the sale of shares. This agreement serves to ensure that purchasers have the right to have their shares registered with the appropriate regulatory authorities, allowing for a fair and transparent transaction process. Under this agreement, GEN International, Inc. commits to registering the shares purchased by the buyers under the applicable securities laws of California. This registration enables purchasers to freely sell or transfer their shares, providing liquidity and flexibility in their investment. There are two main types of Orange California Registration Rights Agreements between GEN International, Inc. and purchasers. The first type is the Piggyback Registration Rights Agreement, which grants buyers the right to "piggyback" on any registration statement filed by GEN International, Inc. for their shares. This means that if the company decides to register any of its securities, the purchasers have the option to include their shares in the registration, allowing them to take advantage of the registration process without incurring additional costs. The second type is the Demand Registration Rights Agreement. Under this agreement, purchasers have the right to request GEN International, Inc. to register their shares for public sale on a demand basis. This request must meet certain conditions outlined in the agreement, such as a minimum number of shares being requested to ensure efficiency and cost-effectiveness. Both types of registration right agreements aim to protect the interests of the purchasers by ensuring that they have the ability to sell their shares in a timely manner. This gives them greater flexibility, as they are not solely reliant on the company to initiate the registration process. By providing clear guidelines and obligations for both parties, these agreements serve to maintain transparency and fairness in the sale of shares between GEN International, Inc. and its purchasers. In conclusion, the Orange California Registration Rights Agreement is a crucial document that establishes the rights and responsibilities of both GEN International, Inc. and purchasers in relation to the sale of shares. It is designed to facilitate the registration process and provide purchasers with the ability to freely sell their shares while ensuring compliance with relevant securities laws. The two main types of agreements, Piggyback and Demand Registration Rights Agreements, offer different avenues for purchasers to exercise their registration rights based on their specific needs and circumstances.

The Orange California Registration Rights Agreement between GEN International, Inc. and purchasers is a legally binding document that outlines the rights and obligations of both parties in relation to the sale of shares. This agreement serves to ensure that purchasers have the right to have their shares registered with the appropriate regulatory authorities, allowing for a fair and transparent transaction process. Under this agreement, GEN International, Inc. commits to registering the shares purchased by the buyers under the applicable securities laws of California. This registration enables purchasers to freely sell or transfer their shares, providing liquidity and flexibility in their investment. There are two main types of Orange California Registration Rights Agreements between GEN International, Inc. and purchasers. The first type is the Piggyback Registration Rights Agreement, which grants buyers the right to "piggyback" on any registration statement filed by GEN International, Inc. for their shares. This means that if the company decides to register any of its securities, the purchasers have the option to include their shares in the registration, allowing them to take advantage of the registration process without incurring additional costs. The second type is the Demand Registration Rights Agreement. Under this agreement, purchasers have the right to request GEN International, Inc. to register their shares for public sale on a demand basis. This request must meet certain conditions outlined in the agreement, such as a minimum number of shares being requested to ensure efficiency and cost-effectiveness. Both types of registration right agreements aim to protect the interests of the purchasers by ensuring that they have the ability to sell their shares in a timely manner. This gives them greater flexibility, as they are not solely reliant on the company to initiate the registration process. By providing clear guidelines and obligations for both parties, these agreements serve to maintain transparency and fairness in the sale of shares between GEN International, Inc. and its purchasers. In conclusion, the Orange California Registration Rights Agreement is a crucial document that establishes the rights and responsibilities of both GEN International, Inc. and purchasers in relation to the sale of shares. It is designed to facilitate the registration process and provide purchasers with the ability to freely sell their shares while ensuring compliance with relevant securities laws. The two main types of agreements, Piggyback and Demand Registration Rights Agreements, offer different avenues for purchasers to exercise their registration rights based on their specific needs and circumstances.