InvestorRightsAgreement2011Clean(创投投资者协议标准模板).docVIP

[AMENDED AND RESTATED] INVESTORS’ RIGHTS AGREEMENT  Preliminary Notes An Investors’ Rights Agreement can cover many different subjects. The most frequent are information rights, registration rights, contractual “rights of first offer” or” preemptive” rights (i.e., the right to purchase securities in subsequent equity financings conducted by the Company), and various post-closing covenants of the Company. TABLE OF CONTENTS Note to Drafter: Section headings have been formatted to automatically populate the Table of Contents. However, when editing this document for your own use, the page numbers may change. In order to reflect the correct page numbers in the Table of Contents, you must “update page numbers” to the Table of Contents by (1) right-clicking anywhere in the Table of Contents and (2) choose “update field,” then “update page numbers only.” If you add or delete section headings, follow step (1) and (2) above and choose “update entire table.” Page 1. Definitions 2 2. Registration Rights 6 2.1. Demand Registration 6 2.2. Company Registration 8 2.3. Underwriting Requirements 9 2.4. Obligations of the Company 10 2.5. Furnish Information 12 2.6. Expenses of Registration 12 2.7. Delay of Registration 13 2.8. Indemnification 13 2.9. Reports Under Exchange Act 15 2.10. Limitations on Subsequent Registration Rights 16 2.11. “Market Standoff” Agreement 16 2.12. Restrictions on Transfer 18 2.13. Termination of Registration Rights 19 3. Information and Observer Rights 20 3.1. Delivery of Financial Statements 20 3.2. Inspection 22 3.3. [Observer Rights 22 3.4. Termination of Information [and Observer Rights] 23 3.5. Confidentiality 23 4. Rights to Future Stock Issuances 23 4.1. Right of First Offer 23 4.2. [Directed IPO Shares 26 4.3. Termination 26 5. Additional Covenants 26 5.1. Insurance 27 5.2. Employee Agreements 27 5.3. Employee Stock 27 5.4. [Qualified Small Business Stock 27 5.5. Matters Requiring Investor Director Approval 28 5.6. Board Matters 29 5.7. Su