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

• Category: Corporations - Public - Rights
• State: Multi-State
• County: San Bernardino
• 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. Title: Understanding the San Bernardino California Registration Rights Agreement between GEN International, Inc. and Purchasers for Share Sales Introduction: The Registration Rights Agreement is a significant component of the contractual arrangement between GEN International, Inc. (referred to as "GEN") and its purchasers in San Bernardino, California. This detailed description aims to shed light on the nature and types of Registration Rights Agreements involved in the sale of shares. 1. Definition of Registration Rights Agreement: A Registration Rights Agreement is a legally binding document that outlines the rights and obligations of both GEN and the purchasers concerning the registration and sale of shares. It is aimed at ensuring compliance with the securities laws and regulations. 2. Types of San Bernardino California Registration Rights Agreements: There are two types of Registration Rights Agreements commonly observed in the context of GEN's share sales in San Bernardino, California: A. Demand Registration Rights Agreement: This agreement enables the purchasers to require GEN to file a registration statement with the Securities and Exchange Commission (SEC) to register the purchasers' shares for public sale. The registration statement filed by GEN under this agreement is known as a "demand registration statement." The key points to consider in this agreement include: — Number of shares eligible for registration — Procedure for making a demand for registration GENEN's obligations to maintain the registration statement's effectiveness — Apportionment of the registration expenses between GEN and the purchasers — Other customary provisions. B. Piggyback Registration Rights Agreement: The piggyback registration rights agreement grants the purchasers the option to include their shares alongside any registration statement GEN files with the SEC for public sale of its shares. Key aspects of this agreement include: — Conditions triggering piggyback rights — Procedure for exercising the piggyback rights — Priority and allocation of shares within the registration statement — Apportionment of the registration expenses between GEN and the purchasers — Other customary provisions. Conclusion: The San Bernardino California Registration Rights Agreement between GEN International, Inc. and purchasers is a legally binding document that delineates the rights and obligations of both parties regarding the registration and sale of shares. It is crucial for GEN and its purchasers to understand the different types of Registration Rights Agreements: demand registration and piggyback registration, to ensure a smooth and compliant process within the realm of securities regulations.

Title: Understanding the San Bernardino California Registration Rights Agreement between GEN International, Inc. and Purchasers for Share Sales Introduction: The Registration Rights Agreement is a significant component of the contractual arrangement between GEN International, Inc. (referred to as "GEN") and its purchasers in San Bernardino, California. This detailed description aims to shed light on the nature and types of Registration Rights Agreements involved in the sale of shares. 1. Definition of Registration Rights Agreement: A Registration Rights Agreement is a legally binding document that outlines the rights and obligations of both GEN and the purchasers concerning the registration and sale of shares. It is aimed at ensuring compliance with the securities laws and regulations. 2. Types of San Bernardino California Registration Rights Agreements: There are two types of Registration Rights Agreements commonly observed in the context of GEN's share sales in San Bernardino, California: A. Demand Registration Rights Agreement: This agreement enables the purchasers to require GEN to file a registration statement with the Securities and Exchange Commission (SEC) to register the purchasers' shares for public sale. The registration statement filed by GEN under this agreement is known as a "demand registration statement." The key points to consider in this agreement include: — Number of shares eligible for registration — Procedure for making a demand for registration GENEN's obligations to maintain the registration statement's effectiveness — Apportionment of the registration expenses between GEN and the purchasers — Other customary provisions. B. Piggyback Registration Rights Agreement: The piggyback registration rights agreement grants the purchasers the option to include their shares alongside any registration statement GEN files with the SEC for public sale of its shares. Key aspects of this agreement include: — Conditions triggering piggyback rights — Procedure for exercising the piggyback rights — Priority and allocation of shares within the registration statement — Apportionment of the registration expenses between GEN and the purchasers — Other customary provisions. Conclusion: The San Bernardino California Registration Rights Agreement between GEN International, Inc. and purchasers is a legally binding document that delineates the rights and obligations of both parties regarding the registration and sale of shares. It is crucial for GEN and its purchasers to understand the different types of Registration Rights Agreements: demand registration and piggyback registration, to ensure a smooth and compliant process within the realm of securities regulations.