A New Mexico Registration Rights Agreement is a legal document that outlines the rights and obligations of GEN International, Inc. and its purchasers in relation to the sale of shares. This agreement is essential in facilitating the registration process for the shares with the relevant regulatory authorities. The New Mexico Registration Rights Agreement typically includes the following provisions: 1. Parties Involved: The agreement names GEN International, Inc. as the issuer of the shares and specifies the purchasers who have acquired the shares. 2. Sale of Shares: The agreement defines the terms and conditions for the sale of shares, including the number of shares being sold, the purchase price, and any restrictions or limitations on the sale. 3. Registration Statement: This agreement outlines the process for registering the shares with the appropriate regulatory authorities in New Mexico. It specifies the responsibilities of both parties in providing the necessary documents, information, and cooperation required for the registration statement to be filed accurately and timely. 4. Piggyback Rights: The New Mexico Registration Rights Agreement may include provisions that grant the purchasers the right to include their shares in any registration statement filed by GEN International, Inc. This allows the purchasers to "piggyback" on the company's registration process, ensuring their shares can be freely traded in the market. 5. Demand Registration: The agreement may provide purchasers with the right to request that GEN International, Inc. file a registration statement on their behalf. This is known as a demand registration, wherein the purchasers have the power to force the company to undertake the necessary actions to register their shares. 6. Hold back Period: The agreement may establish a hold back period during which the purchasers agree not to sell or transfer their shares. This provision is often included to avoid flooding the market with a substantial number of shares immediately after the registration statement becomes effective. Different types of New Mexico Registration Rights Agreements may include variations in the specific terms and conditions, depending on the negotiations between GEN International, Inc. and its purchasers. These agreements can be tailored to meet the unique needs and requirements of the parties involved, ensuring a fair and equitable arrangement regarding the sale of shares.