Home

Intelligence

Services

Subscriptions

News

About Us

Sign In

 

Document Preview

Registration Rights Agreement

 

Click "Add to Cart" button to purchase document. 
Documents are emailed immediately after purchase. 
You can also browse documents by
title, category, or company... or click here for help finding documents.

 

Title:

Registration Rights Agreement

Entities:

Method Products Corp /de

Date:

2000

Size:

Preview shows 7KB of 34KB total

Price:

$41

ID:

#1325192

 

 

► Corporate ► Rights ► Registration Rights Agreements

 

 

Start of Preview


<SEQUENCE>2

<FILENAME>0002.txt
<DESCRIPTION>REGISTRATION RIGHTS
<TEXT>

METHOD PRODUCTS CORP.

REGISTRATION RIGHTS AGREEMENT

dated October 6,2000, by and between Method Products Corp., a Florida
Corporation (the "Company") and the person whose name appears on the signature
page attached hereto (individually a "Holder" and collectively, with the holders
of other Shares issued in the Offering, the "Holders").

WHEREAS, a merger agreement with The Arielle Corp., a Delaware
corporation, was executed on January 12, 2000, and a post-effective amendment to
the Arielle Corp's registration statement on Form SB-2, which amendment was
declared effective by the Securities and Exchange Commission on April 6,1999;
and

WHEREAS, five inside shareholders of Arielle were issued a total of
400,000 shares in a private placement pursuant to Section 4(2) of the Securities
Act of 1933, as amended, between October 13, 1997 and March 30, 1998; and

WHEREAS, the holders of the 400,000 shares are as follows:

David Kass- 95,000 shares David S. Jacobs- 95,000 shares B.
Alicia Campos- 95,000 shares Schonfeld & Weinstein,
L.L.P.-95,000 shares Allen S. Frenkel- 20,000 shares.

These shareholders shall hereinafter be referred to as the "Holders."

WHEREAS, it is intended by the Company and the Holders that this
Agreement shall become effective immediately upon execution of this Agreement;

NOW, THEREFORE, in consideration or the premises and the mutual
covenants contained herein, the Company hereby agrees as follows:

A. REGISTRATION RIGHTS.

1. Registration Rights.

(a) "Piggyback Registration" If the Company at any time
proposes to register any of its securities under the
Securities Act of 1933, as amended (the "1933 Act")
(other than in connection with a merger or pursuant
to Form S-8 or other comparable form), the Company
shall request that the managing underwriter (if any)
of such underwritten offering include the holders'
common stock, referred to as the "Registerable
Securities") in such registration. If such managing
underwriter agrees to include any of the Registerable
Securities in the underwritten offering, the Company
shall at such time give prompt written
<PAGE>
notice to all Holders of its intention to effect such
registration and of Holders' rights under such
proposed registration, and upon the request of any
Holder delivered to the Company within twenty (20)
days after giving such notice (which request shall
specify the Registerable Securities intended to be
disposed of by any such Holder and the intended
method of disposition thereof), the Company shall
include such Registerable Securities held by each
such Holder requested to be included in such
registration; provided, however, that:

(i) If, at any time after giving such written
notice of the Company's intention to
register any of the Holder's Registerable
Securities and prior to the effective date
of the registration statement filed in
connection with such registration, the
Company shall determine for any reason not
to register or to delay the registration of
such Registerable Securities, at its sole
election, the Company may give written
notice of such determination to each holder
and thereupon shall be relieved of its
obligation to register any Registerable
Securities issued or issuable in connection
with such registration (but not from its
obligation to pay registration expenses in
connection therewith or to register the
Registerable Securities in a subsequent
registration or its obligations pursuant to
Section 1(c) of this Agreement);

(ii) If the managing underwriter in such
underwritten offering shall advise the
Company that it declines to include a
portion or all of the Registerable
Securities requested by the Holders to be
included in the registration statement, then
all or a specified portion of the
Registerable Securities shall be excluded
from such registration statement (in case of
an exclusion as to a portion of such
Registerable Securities, such portion shall
be allocated among such Holders in

 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC