California Sample Common Shares Purchase Agreement between Visible Genetics, Inc. and Investors This California Sample Common Shares Purchase Agreement is entered into between Visible Genetics, Inc., a corporation organized and existing under the laws of California, and the Investors. The purpose of this agreement is to provide a legally binding framework for the purchase and sale of common shares in Visible Genetics, Inc. by the Investors. Keywords: California, Sample, Common Shares Purchase Agreement, Visible Genetics, Inc., Investors, purchase, sale, common shares. This agreement outlines the terms and conditions under which the purchase and sale will take place, including the number of common shares to be sold, the purchase price, and any applicable warranties or representations made by Visible Genetics, Inc. Additionally, the agreement includes provisions related to the closing of the transaction, including payment terms, transfer of shares, and any required approvals or consents from relevant regulatory authorities. This Sample Common Shares Purchase Agreement offers a comprehensive template that can be customized to suit the specific needs of Visible Genetics, Inc. and the Investors. It ensures clarity and fairness in the transaction, protecting the interests of both parties involved. Alternate types of California Sample Common Shares Purchase Agreements between Visible Genetics, Inc. and Investors may include: 1. California Sample Common Shares Purchase Agreement with Preferred Stock Conversion Option: This agreement includes provisions allowing for the conversion of common shares into preferred shares based on certain conditions. It is beneficial when investors prefer the potential higher returns associated with preferred shares. 2. California Sample Common Shares Purchase Agreement with Escrow Mechanism: This agreement includes the creation of an escrow account to hold funds until certain conditions or contingencies are fulfilled, providing additional security and trust for both parties involved. 3. California Sample Common Shares Purchase Agreement with Earn out Provisions: This agreement includes provisions for a Darn out mechanism, where additional payment is contingent upon the achievement of specific predetermined milestones, ensuring fairness and alignment of interests between Visible Genetics, Inc. and the Investors. By utilizing the California Sample Common Shares Purchase Agreement, Visible Genetics, Inc. and the Investors can have a clear understanding of the terms and conditions governing their transaction. It bestows confidence in the legality and enforceability of the agreement, contributing to successful and harmonious business dealings.