SEC Contract Filing

Filing Date: 2017-08-04

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>4
<FILENAME>artl_ex102.htm
<DESCRIPTION>FORM OF REGISTRATION RIGHTS AGREEMENT
<TEXT>

<html><head><title>artl_ex102.htm</title><!--Document Created by EDGARMaster--></head><BODY style="text-align:justify;font:10pt TIMES NEW ROMAN;margin:0px 7%"><p style="MARGIN: 0px">ABIO REGISTRATION RIGHTS AGREEMENT</p>
<p style="MARGIN: 0px">&nbsp;</p>
<p style="MARGIN: 0px" align="right"><b>EXHIBIT 10.2</b></p>
<p style="MARGIN: 0px">&nbsp;</p>
<p style="MARGIN: 0px" align="center"><b>REGISTRATION RIGHTS AGREEMENT</b><b></b></p>
<p style="MARGIN: 0px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">THIS REGISTRATION RIGHTS AGREEMENT (this &#8220;<b>Agreement</b>&#8221;) is made and entered into as of [&#9679;&#9679;], 2017, between Artelo Biosciences, Inc., a Nevada corporation (the &#8220;<b>Company</b>&#8221;), and each of the several purchasers signatory hereto (each such purchaser, a &#8220;<b>Purchaser</b>&#8221; and, collectively, the &#8220;<b>Purchasers</b>&#8221;).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">This Agreement is made pursuant to the Subscription Agreement, dated as of the date hereof, between the Company and each Purchaser (the &#8220;<b>Subscription</b><b> Agreement</b>&#8221;).</p>
<p style="MARGIN: 0px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px" align="justify">The Company and each Purchaser hereby agrees as follows:</p>
<p style="MARGIN: 0px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px" align="justify">1. <u>Definitions</u>.</p>
<p style="MARGIN: 0px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px" align="justify"><b>Capitalized terms used and not otherwise defined herein that are defined in the </b><b>Subscription</b><b> Agreement shall have the meanings given such terms in the </b><b>Subscription</b><b> Agreement.</b> As used in this Agreement, the following terms shall have the following meanings: </p>
<p style="MARGIN: 0px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Advice</b>&#8221; shall have the meaning set forth in Section 6(c).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Effectiveness Date</b>&#8221; means, with respect to the Initial Registration Statement required to be filed hereunder, the 120th calendar day following the Filing Date and with respect to any additional Registration Statements which may be required pursuant to Section 2(c) or Section 3(c), the 75th calendar day following the date on which an additional Registration Statement is required to be filed hereunder (or, in the event of a &#8220;full review&#8221; by the Commission, the 110th calendar day following the date such additional Registration Statement is required to be filed hereunder).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Effectiveness Period</b>&#8221; shall have the meaning set forth in Section 2(a).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Event</b>&#8221; shall have the meaning set forth in Section 2(d).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Filing Date</b>&#8221; means, with respect to the Initial Registration Statement required hereunder, the 180th calendar day following the Closing Date (as defined in the Subscription Agreement) and, with respect to any additional Registration Statements which may be required pursuant to Section 2(c) or Section 3(c), the earliest practical date on which the Company is permitted by SEC Guidance to file such additional Registration Statement related to the Registrable Securities; provided, however, that if the Filing Date falls on a day that is not a Trading Day, then the Filing Date shall be extended to the next succeeding Trading Day.</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Holder</b>&#8221; or &#8220;<b>Holders</b>&#8221; means the holder or holders, as the case may be, from time to time of Registrable Securities.</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Indemnified Party</b>&#8221; shall have the meaning set forth in Section 5(c).</p>
<p style="MARGIN: 0px" align="justify">&nbsp;
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<td>ABIO REGISTRATION RIGHTS AGREEMENT</td></tr></table></p>
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<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Indemnifying Party</b>&#8221; shall have the meaning set forth in Section 5(c).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Initial Registration Statement</b>&#8221; means the initial Registration Statement filed pursuant to this Agreement.</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Losses</b>&#8221; shall have the meaning set forth in Section 5(a).</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&nbsp;</p>
<p style="MARGIN: 0px; TEXT-INDENT: 45px" align="justify">&#8220;<b>Plan of Distribution</b>&#8221; sha