The Alaska Registration Rights Agreement is a legally binding contract that outlines the rights and obligations between GEN International, Inc. and purchasers who have acquired shares of the company. This agreement is specifically designed to facilitate the sale of shares and ensure compliance with relevant laws and regulations in Alaska. The agreement grants certain rights to the purchasers, enabling them to request the registration of their shares with the appropriate regulatory authorities. These registrations enable the purchasers to freely sell their shares on the public market while complying with Alaska's securities laws. In return, the purchasers agree to provide certain information and support to GEN International, Inc. to ensure a smooth registration process. The key elements of the Alaska Registration Rights Agreement include: 1. Registration Process: The agreement outlines the procedures and requirements for registering the shares with the appropriate regulatory authorities. This ensures compliance with Alaska's securities laws, offering protection to both GEN International, Inc. and the purchasers. 2. Demand Registration: This type of registration allows the purchasers to request that GEN International, Inc. register their shares for sale in certain circumstances. The agreement specifies the conditions under which demand registration may be initiated, such as a minimum number of shares or a specified period of time after the initial purchase. 3. Piggyback Registration: Piggyback registration allows the purchasers to include their shares in a registration statement filed by GEN International, Inc. for the sale of its own shares. This enables the purchasers to take advantage of the company's registration efforts and sell their shares alongside the company's offering. 4. Form and Timing: The agreement also includes provisions regarding the form and timing of registrations. It outlines the required documentation, financial statements, and any other necessary information for the registration process. Additionally, it establishes a timeline for the completion of various registration-related tasks. It is important to note that while the content described above covers the general elements of an Alaska Registration Rights Agreement, there may be variations or additional provisions depending on the specific agreement between GEN International, Inc. and the purchasers. It is advisable to refer to the actual agreement document for a comprehensive understanding of the terms and conditions.