XNPT » Topics » Investors Rights Agreement

This excerpt taken from the XNPT DEF 14A filed Mar 31, 2006.
Investors Rights Agreement
We have entered into an investors rights agreement with the prior holders of our preferred stock and certain warrants, including entities with which certain of our directors are affiliated. Pursuant to the agreement, these stockholders are entitled to rights with respect to the registration of their shares under the Securities Act, subject to certain limitations and restrictions. Also, if at any time we propose to register any of our securities under the Securities Act, either for our own account or for the account of other securities holders, the holders of these shares will be entitled to notice of the registration and, subject to certain exceptions, may be entitled to include, at our expense, their shares of XenoPort common stock in the registration. In addition, the holders of these shares may require us, at our expense and on not more than two occasions, to file a registration statement covering their shares of XenoPort common stock, and we will be required to use our commercially reasonable efforts to have the registration statement declared effective.

"Investors Rights Agreement" elsewhere:

Cerus (CERS)
Tercica (TRCA)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki