Investor Rights Agreement(投資者權(quán)利協(xié)議)-3

-13-InvestorRightsAgreement(投資者權(quán)利協(xié)議)核心提示：INVESTORRIGHTSAGREEMENT_________,_________,_________(M/D/Y)TABLEOFCONTENTSSECTION1RestrictionsonTransferability;RegistrationRights11.1.CertainDefinitions1.2.Restrictions1.3.RestrictiveLegend1.4.Consent1.5.NoticeofProposedINVESTORRIGHTSAGREEMENT_________,_________,_________(M/D/Y)TABLEOFCONTENTSSECTION1RestrictionsonTransferability;RegistrationRights11.1.CertainDefinitions1.2.Restrictions1.3.RestrictiveLegend1.4.Consent1.5.NoticeofProposedTransfers1.6.RequestedRegistration1.7.CompanyRegistration1.8.RegistrationonFormS31.9.LimitationsonSubsequentRegistrationRights1.10.ExpensesofRegistration1.11.RegistrationProcedures1.12.Indemnification1.13.InformationbyHolder1.14.Rule144Reporting1.15.TransferofRegistrationRights1.16.StandoffAgreement1.17.TerminationofRightsSECTION2AffirmativeCovenantsoftheCompany2.1.FinancialInformation2.2.Inspection2.3.AssignmentofRightstoFinancialInformation2.4.TerminationofCovenants2.5.RightofFirstOfferSECTION3Miscellaneous3.1.VotingAgreement3.2.Assignment3.3.ThirdParties3.4.AdditionalPurchasers3.5.AmendmentandSupersessionoftheRightsAgreement3.6.GoverningLaw3.7.Counterparts3.8.Notices3.9.Severability3.10.AmendmentandWaiver3.11.EffectofAmendmentorWaiver3.12.RightsofHolders3.13.DelaysorOmissionsEXHIBITS:ExhibitA:ScheduleofInvestorsINVESTORRIGHTSAGREEMENTTHISINVESTORRIGHTSAGREEMENT(theAgreement)isenteredintoasof_________,_________,_________(M/D/Y),amongAAA,Inc.,a_________(state)corporation(theCompany),andtheindividualsandentitieslistedonExhibitAattachedhereto(theInvestorsorindividuallytheInvestor).RECITALSA.TheCompanyisissuingupto_________sharesofSeriesAPreferredStockand164,530sharesofCommonStocktothepurchasersofstockpursuanttoaStockPurchaseAgreementofevendateherewith(theStockPurchaseAgreement).B.TheCompanydesirestograntcertainregistrationandinformationrightstotheShareholders(asdefinedbelow).NOW,THEREFORE,inconsiderationofthemutualpromisesandcovenantshereinaftersetforth,thepartiesagreeasfollows:SECTION1RestrictionsonTransferability;RegistrationRights1.1.CertainDefinitions.AsusedinthisAgreement,thefollowingtermsshallhavethefollowingrespectivemeanings:(a)CommissionshallmeantheSecuritiesandExchangeCommissionoranyotherfederalagencyatthetimeadministeringtheSecuritiesAct.(b)ConversionSharesmeanstheCommonStockissuedorissuableuponconversionoftheSeriesAPreferredStock.(c)CommonStockmeansCommonStockoftheCompanyissuedpursuanttotheStockPurchaseAgreement.(d)ExchangeActshallmeantheSecuritiesExchangeActof1934,asamended,oranysimilarfederalstatute,andtherulesandregulationsoftheCommissionthereunder,allasthesameshallbeineffectatthetime.(e)HoldershallmeananyshareholderoftheCompanyholdingRegistrableSecuritiesandanypersonholdingsecuritiesconvertibleintoorexchangeableforRegistrableSecurities.(f)InitiatingHoldersshallmeananyHoldersholding,intheaggregate,atleast50%oftheConversionShares.(g)PreferredStockmeansthesharesofSeriesAPreferredStockissuedpursuanttotheSeriesAAgreement.(h)Thetermsregister,registeredandregistrationshallrefertoaregistrationeffectedbypreparingandfilingaregistrationstatementincompliancewiththeSecuritiesAct,andthedeclarationororderingoftheeffectivenessofsuchregistrationstatement.(i)RegistrableSecuritiesmeanstheConversionShares,theCommonStockandanyCommonStockoftheCompanyissuedorissuableinrespectoftheConversionSharesorCommonStockorothersecuritiesissuedorissuableuponconversionofthePreferredStockoruponanystocksplit,stockdividend,recapitalization,orsimilarevent,oranyCommonStockotherwiseissuedorissuablewithrespecttothePreferredStock,theConversionSharesortheCommonStock;provided,however,thatsharesofCommonStockorothersecuritiesshallonlybetreatedasRegistrableSecuritiesifandsolongastheyhavenotbeen(a)soldtoorthroughabrokerordealerorunderwriterinapublicdistributionorapublicsecuritiestransaction,or(b)soldinatransactionexemptfromtheregistrationandprospectusdeliveryrequirementsoftheSecuritiesActsothatalltransferrestrictionsandrestrictivelegendswithrespecttheretoareremovedupontheconsummationofsuchsale.(j)RegistrationExpensesshallmeanallexpensesincurredbytheCompanyincomplyingwithSections1.6,1.7and1.8hereof,including,withoutlimitation,allregistration,qualificationandfilingfees,printingexpenses,escrowfees,feesanddisbursementsofcounselfortheCompany,blueskyfeesandexpenses,andtheexpenseofanyspecialauditsincidenttoorrequiredbyanysuchregistration(butexcludingthecompensationofregularemployeesoftheCompanywhichshallbepaidinanyeventbytheCompany).(k)RestrictedSecuritiesshallmeanthesecuritiesoftheCompanyrequiredtobearthelegendsetforthinSection1.3hereof.(l)Rule144shallmeanRule144aspromulgatedbytheCommissionundertheSecuritiesAct,assuchRulemaybeamendedfromtimetotime,oranysimilarsuccessorrulethatmaybepromulgatedbytheCommission.(m)SecuritiesActshallmeantheSecuritiesActof1933,asamended,oranysimilarfederalstatuteandtherulesandregulationsoftheCommissionthereunder,allasthesameshallbeineffectatthetime.(n)SellingExpensesshallmeanallsellingcommissionsandstocktransfertaxesapplicabletothesecuritiesregisteredbytheHoldersandallfeesanddisbursementsofcounselfortheHolders(aslimitedbySection1.10),butshallnotincludeunderwritingdiscountsandcommissions.(o)ShareholdersshallmeantheInvestorsandanypermittedtransferees,collectively.1.2.Restrictions.TheRestrictedSecuritiesshallnotbesold,assigned,transferredorpledgedexceptupontheconditionsspecifiedinthisAgreement,whichconditionsareintendedtoensurecompliancewiththeprovisionsoftheSecuritiesAct.TheInvestorswillcauseanyproposedpurchaser,assignee,transfereeorpledgeeoftheRestrictedSecuritiestoagreetotakeandholdsuchsecuritiessubjecttotheprovisionsandupontheconditionsspecifiedinthisAgreement.1.3.RestrictiveLegend.Eachcertificaterepresenting(i)thePreferredStock,(ii)theConversionShares,(iii)theCommonStock,and(iv)anyothersecuritiesissuedinrespectofthesecuritiesreferencedinclauses(i),(ii)and(iii)uponanystocksplit,stockdividend,recapitalization,merger,consolidationorsimilarevent,shall(unlessotherwisepermittedbytheprovisionsofSection1.5below)bestampedorotherwiseimprintedwithalegendinthefollowingform(inadditiontoanylegendrequiredunderapplicablestatesecuritieslaws):THESHARESREPRESENTEDBYTHISCERTIFICATEHAVEBEENACQUIREDFORINVESTMENTANDHAVENOTBEENREGISTEREDUNDERTHESECURITIESACTOF1933,ASAMENDED.SUCHSHARESMAYNOTBESOLD,TRANSFERREDORPLEDGEDINTHEABSENCEOFSUCHREGISTRATIONORUNLESSTHECOMPANYRECEIVESANOPINIONOFCOUNSEL(WHICHMAYBECOUNSELFORTHECOMPANY)REASONABLYACCEPTABLETOITSTATINGTHATSUCHSALEORTRANSFERISEXEMPTFROMTHEREGISTRATIONANDPROSPECTUSDELIVERYREQUIREMENTSOFSAIDACT.THESHARESREPRESENTEDBYTHISCERTIFICATEMAYBETRANSFERREDONLYINACCORDANCEWITHTHETERMSOFANAGREEMENTBETWEENTHECOMPANYANDTHESHAREHOLDER,ACOPYOFWHICHISONFILEWITHTHESECRETARYOFTHECOMPANY.THESECONDITIONSTOTRANSFERSHALLTERMINATEONTHE180THDAYFOLLOWINGTHEEFFECTIVEDATEOFTHECOMPANY’SINITIALPUBLICOFFERING.1.4.Consent.TheInvestorsandeachHolderconsentstotheCompanymakinganotationonitsrecordsandgivinginstructionstoanytransferagentoftheRestrictedSecuritiesinordertoimplementtherestrictionsontransferestablishedinthisSection1.1.5.NoticeofProposedTransfers.TheholderofeachcertificaterepresentingRestrictedSecurities,byacceptancethereof,agreestocomplyinallrespectswiththeprovisionsofthisSection1.Priortoanyproposedsale,assignment,transferorpledgeofanyRestrictedSecurities,unlessthereisineffectaregistrationstatementundertheSecuritiesActcoveringtheproposedtransfer,theholderthereofshallgivewrittennoticetotheCompanyofsuchholder’sintentiontoeffectsuchtransfer,sale,assignmentorpledge.Eachsuchnoticeshalldescribethemannerandcircumstancesoftheproposedtransfer,sale,assignmentorpledgeinsufficientdetail,andshallbeaccompaniedatsuchholder’sexpensebyeither(i)awrittenopinionoflegalcounselwhoshall,andwhoselegalopinionshall,bereasonablysatisfactorytotheCompany,addressedtotheCompany,totheeffectthattheproposedtransferoftheRestrictedSecuritiesmaybeeffectedwithoutregistrationundertheSecuritiesAct,(ii)anoactionletterfromtheCommissiontotheeffectthatthetransferofsuchsecuritieswithoutregistrationwillnotresultinarecommendationbythestaffoftheCommissionthatactionbetakenwithrespectthereto,or(iii)anyotherevidencereasonablysatisfactorytocounseltotheCompany,whereupontheholderofsuchRestrictedSecuritiesshallbeentitledtotransfersuchRestrictedSecuritiesinaccordancewiththetermsofthenoticedeliveredbytheholdertotheCompany.TheCompanywillnotrequiresuchalegalopinionornoactionletterinanytran