IRA Rev 3.docx
- 文档编号:26389967
- 上传时间:2023-06-18
- 格式:DOCX
- 页数:45
- 大小:44.06KB
IRA Rev 3.docx
《IRA Rev 3.docx》由会员分享,可在线阅读,更多相关《IRA Rev 3.docx(45页珍藏版)》请在冰豆网上搜索。
IRARev3
[AMENDEDANDRESTATED]
INVESTORS’RIGHTSAGREEMENT
PreliminaryNotes
AnInvestors’RightsAgreementcancovermanydifferentsubjects.Themostfrequentareinformationrights,registrationrights,contractual“rightsoffirstofferorpreemptive”rightsi.e.,therighttopurchasesecuritiesinsubsequentequityfinancingsconductedbytheCompany),andvariouspost-closingcovenants.
TABLEOFCONTENTS
Page
1.Definitions.2
2.RegistrationRights6
2.1DemandRegistration6
2.2CompanyRegistration.8
2.3UnderwritingRequirements9
2.4ObligationsoftheCompany11
2.5FurnishInformation12
2.6ExpensesofRegistration12
2.7DelayofRegistration13
2.8Indemnification13
2.9ReportsUnderExchangeAct16
2.10LimitationsonSubsequentRegistrationRights16
2.11MarketStandoffAgreement17
2.12RestrictionsonTransfer18
2.13TerminationofRegistrationRights20
3.InformationandObserverRights20
3.1DeliveryofFinancialStatements20
3.2Inspection22
3.3[ObserverRights]23
3.4TerminationofInformation[andObserverRights]23
3.5Confidentiality23
4.RightstoFutureStockIssuances24
4.1RightofFirstOffer24
4.2DirectedIPOShares.26
4.3Termination27
5.AdditionalCovenants27
5.1Insurance27
5.2EmployeeAgreements27
5.3EmployeeVesting28
[5.4QualifiedSmallBusinessStock]28
5.5MattersRequiringInvestorDirectorApproval28
5.6MeetingsoftheBoardofDirectors30
5.7SuccessorIndemnification30
5.8BoardExpenses30
5.9TerminationofCovenants30
6.Miscellaneous30
6.1SuccessorsandAssigns30
6.2GoverningLaw31
6.3Counterparts;Facsimile32
6.4TitlesandSubtitles32
6.5Notices32
6.6AmendmentsandWaivers32
6.7Severability33
6.8AggregationofStock33
6.9AdditionalInvestors33
6.10EntireAgreement33
6.11DisputeResolution34
6.12DelaysorOmissions34
6.13Acknowledgment35
ScheduleA-ScheduleofInvestors
[ScheduleB-ScheduleofKeyHolders]
[ExhibitA-FormofNoncompetitionandNonsolicitationAgreement]
[AMENDEDANDRESTATED]
INVESTORS’RIGHTSAGREEMENT
THIS[AMENDEDANDRESTATED]INVESTORS’RIGHTSAGREEMENT(“Agreement”)ismadeasofthe[__]dayof[___________,200_],byandamong[________],a[Delaware]corporation(the“Company”),[and]eachoftheinvestorslistedonScheduleAhereto,eachofwhichisreferredtointhisAgreementasan“Investor[”][,”andeachofthestockholderslistedonSchedule Bhereto,eachofwhomisreferredtohereinasa“KeyHolder”][andanyAdditionalPurchaser(asdefinedinthePurchaseAgreement)thatbecomesapartytothisAgreementinaccordancewithSection6.9hereof].
RECITALS
[Alternative1:
WHEREAS,theCompanyandtheInvestorsarepartiestotheSeriesAPreferredStockPurchaseAgreementofevendateherewith(the“PurchaseAgreement”);and
WHEREAS,inordertoinducetheCompanytoenterintothePurchaseAgreementandtoinducetheInvestorstoinvestfundsintheCompanypursuanttothePurchaseAgreement,theInvestorsandtheCompanyherebyagreethatthisAgreementshallgoverntherightsoftheInvestorstocausetheCompanytoregistersharesofCommonStockissuabletotheInvestors,toreceivecertaininformationfromtheCompany,andtoparticipateinfutureequityofferingsbytheCompany,andshallgoverncertainothermattersassetforthinthisAgreement;
NOW,THEREFORE,thepartiesherebyagreeasfollows:
]
[Alternative2:
WHEREAS,certainoftheInvestors(the“ExistingInvestors”)holdsharesoftheCompany’sSeries[_]PreferredStockand/orsharesofCommonStockissueduponconversionthereofandpossessregistrationrights,informationrights,rightsoffirstoffer,andotherrightspursuanttoanInvestors’RightsAgreementdatedasof[___________,200_]betweentheCompanyandsuchInvestors(the“PriorAgreement”);and
WHEREAS,theExistingInvestorsareholdersofatleast[_______percent(___%)]oftheRegistrableSecuritiesoftheCompany(asdefinedinthePriorAgreement),anddesireto[amendandrestate][terminate]thePriorAgreementinitsentiretyandtoaccepttherightscreatedpursuanttothisAgreementinlieuoftherightsgrantedtothemunderthePriorAgreement;and
WHEREAS,certainoftheInvestorsarepartiestothatcertainSeries[_]PreferredStockPurchaseAgreementofevendateherewithbetweentheCompanyandcertainoftheInvestors(the“PurchaseAgreement”),underwhichcertainoftheCompany’sandsuchInvestors’obligationsareconditionedupontheexecutionanddeliveryofthisAgreementbysuchInvestors,ExistingInvestorsholdingatleast[_______percent(___%)]oftheRegistrableSecurities,andtheCompany;
NOW,THEREFORE,theExistingInvestorsherebyagreethatthePriorAgreementshallbe[amendedandrestated][supersededandreplacedinitsentiretybythisAgreement],andthepartiestothisAgreementfurtheragreeasfollows:
]
1.Definitions.ForpurposesofthisAgreement:
1.1“Affiliate”means,withrespecttoanyspecifiedPerson,anyotherPersonwhoorwhich,directlyorindirectly,controls,iscontrolledby,orisundercommoncontrolwithsuchspecifiedPerson,includingwithoutlimitationanygeneralpartner,officer,director,ormanagerofsuchPersonandanyventurecapitalfundnoworhereafterexistingthatiscontrolledbyoneormoregeneralpartnersormanagingmembersof,orsharesthesamemanagementcompanywith,suchPerson.
1.2“CommonStock”meanssharesoftheCompany’scommonstock,parvalue[$0.___]pershare.
1.3“Damages”meansanyloss,damage,orliability(jointorseveral)towhichapartyheretomaybecomesubjectundertheSecuritiesAct,theExchangeAct,orotherfederalorstatelaw,insofarassuchloss,damage,orliability(oranyactioninrespectthereof)arisesoutoforisbasedupon(i)anyuntruestatementorallegeduntruestatementofamaterialfactcontainedinanyregistrationstatementoftheCompany,includinganypreliminaryprospectusorfinalprospectuscontainedthereinoranyamendmentsorsupplementsthereto;(ii) anomissionorallegedomissiontostatethereinamaterialfactrequiredtobestatedtherein,ornecessarytomakethestatementsthereinnotmisleading;or(iii)anyviolationorallegedviolationbytheindemnifyingparty(oranyofitsagentsorAffiliates)oftheSecuritiesAct,theExchangeAct,anystatesecuritieslaw,oranyruleorregulationpromulgatedundertheSecuritiesAct,theExchangeAct,oranystatesecuritieslaw.
1.4“DerivativeSecurities”meansanysecuritiesorrightsconvertibleinto,orexercisableorexchangeablefor(ineachcase,directlyorindirectly),CommonStock,includingoptionsandwarrants.
1.5“ExchangeAct”meanstheSecuritiesExchangeActof1934,asamended,andtherulesandregulationspromulgatedthereunder.
1.6“ExcludedRegistration”means(i)aregistrationrelatingtothesaleofsecuritiestoemployeesoftheCompanyorasubsidiarypursuanttoastockoption,stockpurchase,orsimilarplan;(ii)aregistrationrelatingtoanSECRule145transaction;(iii)aregistrationonanyformthatdoesnotincludesubstantiallythesameinformationaswouldberequiredtobeincludedinaregistrationstatementcoveringthesaleoftheRegistrableSecurities;or(iv)aregistrationinwhichtheonlyCommonStockbeingregisteredisCommonStockissuableuponconversionofdebtsecuritiesthatarealsobeingregistered.
1.7“FormS1”meanssuchformundertheSecuritiesActasineffectonthedatehereoforanysuccessorregistrationformundertheSecuritiesActsubsequentlyadoptedbytheSEC.
1.8“FormS2”meanssuchformundertheSecuritiesActasineffectonthedatehereoforanysuccessorregistrationformundertheSecuritiesActsubsequentlyadoptedbytheSEC.
1.9“FormS3”meanssuchformundertheSecuritiesActasineffectonthedatehereoforanyregistrationformundertheSecuritiesActsubsequentlyadoptedbytheSECthatpermitsincorporationofsubstantialinformationbyreferencetootherdocumentsfiledbytheCompanywiththeSEC.
1.10“GAAP”meansgenerallyacceptedaccountingprinciplesintheUnitedStates.
1.11“Holder”meansanyholderofRegistrableSecuritieswhoisapartytothisAgreement.
1.12“ImmediateFamilyMember”meansachild,stepchild,grandchild,parent,stepparent,grandparent,spouse,sibling,mother-in-law,father-in-law,son-in-law,daughter-in-law,brother-in-law,orsister-in-law,includingadoptiverelationships,ofanaturalpersonreferredtoherein.
1.13“InitiatingHolders”means,collectively,HolderswhoproperlyinitiatearegistrationrequestunderthisAgreement.
1.14“IPO”meanstheCompany’sfirstunderwrittenpublicofferingofitsCommonStockundertheSecuritiesAct.
1.15“KeyEmployee”meansanyexecutive-levelemployee(includingdivisiondirectorandvicepresident-levelpositions)aswellasanyemployeewho,eitheraloneorinconcertwithothers,develops,invents,programs,ordesignsanyCompanyIntellectualProperty(asdefinedinthePurchaseAgreement).
1.16[“KeyHolderRegistrableSecurities”means(i)the[_____]sharesofCommonStockheldbytheKeyHolders,and(ii)anyCommonStockissuedas(orissuableupontheconversionorexerciseofanywarrant,right,orothersecuritythatisissuedas)adividendorotherdistributionwithrespectto,orinexchangefororinreplacementofsuchshares.]
1.17“MajorInvestor”meansanyInvestorthat,individuallyortogetherwithsuchInvestor’sAffiliates,holdsatleast[______]sharesofRegistrableSecurities(asadjustedforanystocksplit,stockdividend,combination,orotherrecapitalizationorreclassificationeffectedafterthedatehereof).
1.18“NewSecurities”means,collectively,equitysecuritiesoftheCompany,whetherornotcurrentlyauth
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- IRA Rev
![提示](https://static.bdocx.com/images/bang_tan.gif)