SEC Contract Filing

Filing Date: 2015-08-04

Document Content:
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<TYPE>EX-10.2
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<FILENAME>d22045dex102.htm
<DESCRIPTION>EX-10.2
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.2 </B></P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>FORM OF REGISTRATION RIGHTS AGREEMENT </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">This<B> REGISTRATION RIGHTS AGREEMENT</B> (this &#147;<B>Agreement</B>&#148;), dated as of August __, 2015, is by and among TriVascular
Technologies, Inc., a Delaware corporation, (the&nbsp;&#147;<B>Company</B>&#148;), and Capital Royalty Partners II L.P., Parallel Investment Opportunities Partners II L.P., Capital Royalty Partners II &#150; Parallel Fund &#147;A&#148; L.P., Capital
Royalty Partners II (Cayman) L.P., and Capital Royalty Partners II &#150; Parallel Fund &#147;B&#148; (Cayman) L.P. (each, a &#147;<B>Buyer</B>,&#148; and collectively, the &#147;<B>Buyers</B>&#148;). </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>RECITALS </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">A. In
connection with the Second Amended and Restated Term Loan Agreement by and among the Company, TriVascular, Inc., the Buyers and the other parties from time to time party thereto, dated as of August __, 2015 (the &#147;<B>Loan Agreement</B>&#148;),
the Company has agreed, upon the terms and subject to the conditions of the Loan Agreement, on the Closing Date, to issue and sell to each Buyer a Senior Convertible Promissory Note (a &#147;<B>Note</B>&#148;), convertible on the terms thereof into
Conversion Shares (as defined in the Notes). </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">B. To induce the Buyers to consummate the transactions contemplated by the Loan Agreement,
the Company has agreed to provide certain registration rights under the Securities Act of 1933, as amended, and the rules and regulations thereunder, or any similar successor statute (collectively, the &#147;<B>1933 Act</B>&#148;). </P>
<P STYLE="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B><U>AGREEMENT </U></B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"><B>NOW,
THEREFORE,</B> in consideration of the premises and the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company and each of the Buyers hereby agree as
follows: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1. <U>Definitions</U>. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:8%; font-size:10pt; font-family:Times New Roman">Capitalized terms used herein and not otherwise defined herein shall have the respective meanings set forth in the Loan Agreement. As used in
this Agreement, the following terms shall have the following meanings: </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Closing Date</B>&#148; means the date on which the Notes
are issued. </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Common Stock</B>&#148; has the meaning set forth in the Notes. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Effective Date</B>&#148; means the date that the applicable Registration Statement has been declared effective by the SEC. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Effectiveness Deadline</B>&#148; means (i)&nbsp;with respect to the initial Registration Statement required to be filed pursuant to
Section&nbsp;2(a), the earlier of the (A)&nbsp;20<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Business Day after the Filing Deadline, if the Registration Statement is not reviewed by the SEC and (B)&nbsp;10<SUP
STYLE="font-size:85%; vertical-align:top">th</SUP> Business Day after the date the Company is notified (orally or in writing, whichever is earlier) by the SEC that such Registration Statement will not be reviewed or will not be subject to further
review and (ii)&nbsp;with respect to any additional Registration Statements that may be required to be filed by the Company pursuant to this Agreement, the earlier of the (A)&nbsp;75<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Business
Day following the date on which the Company was required to file such additional Registration Statement, if the Registration Statement is not reviewed by the SEC and (B)&nbsp;10<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Business Day
after the date the Company is notified (orally or in writing, whichever is earlier) by the SEC that such additional Registration Statement will not be reviewed or will not be subject to further review. </P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman">&#147;<B>Filing Deadline</B>&#148; means (i)&nbsp;with respect to the initial Registration Statement required to be filed pursuant to
Section&nbsp;2(a), the 20<SUP STYLE="font-size:85%; vertical-align:top">th</SUP> Business Day after the Closing Date and (ii)&nbsp;with respect to any additional Registration Statements that may be required to be filed by the Company pursuant to
this Agreement, the date on which the Company was required to file such additional Registration Statement pursuant to the terms of this Agreement