Description of Registration Rights AgreementRegistration Rights Agreement • May 16th, 2008 • Elron Electronic Industries LTD /Ny/ • Services-prepackaged software
On July 18, 2007, a Registration Rights Agreement among Given Imaging Ltd. (“Given Imaging”), Elron Electronic Industries Ltd. (“Elron”), Discount Investment Corporation Ltd. (“DIC”) and RDC Rafael Development Corporation Ltd. (“RDC”). This Registration Rights Agreement has replaced earlier registration rights granted by Given Imaging to Elron, DIC, RDC, entities affiliated with OrbiMed Capital LLC and other shareholders in connection with a private placement completed in September 2000, before Given Imaging’s initial public offering. These earlier registration rights expired in October 2006.
