Alabama Registration Rights Agreement is a legally binding document that outlines the rights and obligations related to the registration of stock owned by certain stockholders in VIA Net. Works, Inc., a company based in Alabama, United States. This agreement ensures that stockholders have the ability to register their shares for public sale, subject to certain conditions and requirements. By entering into this agreement, VIA Net. Works, Inc. aims to maintain compliance with applicable securities laws and regulations while providing certain benefits and protections to its stockholders. Types of Alabama Registration Rights Agreements between VIA Net. Works, Inc. and certain stockholders may include: 1. Demand Registration Rights: This type of agreement grants stockholders the right to request that VIA Net. Works, Inc. register their shares for sale in an initial public offering or another type of public offering. The stockholders must meet certain conditions, such as holding a minimum threshold of shares or meeting specific timing requirements. 2. Piggyback Registration Rights: Under this agreement, stockholders have the right to have their shares included in any registration statement filed by VIA Net. Works, Inc. for its own securities. This allows stockholders to "piggyback" on the company's registration efforts and sell their shares alongside the company's offering, subject to certain limitations and conditions. 3. Shelf Registration Rights: Shelf registration allows stockholders to have their shares registered with the Securities and Exchange Commission (SEC) but not immediately offered for sale. This type of agreement provides stockholders with the flexibility to sell their shares in the future at their discretion and convenience, without having to go through the time-consuming process of preparing and filing a new registration statement. 4. Registration Expenses: The agreement typically outlines the obligation of VIA Net. Works, Inc. to bear the expenses associated with the registration process, such as legal fees, filing fees, and other related costs. However, the agreement may also include provisions specifying circumstances where the stockholders are responsible for their own expenses. 5. Indemnification: This section specifies the terms and conditions relating to indemnification of the stockholders by VIA Net. Works, Inc. in case of any claims, losses, or liabilities arising from the registration process. It outlines the company's responsibility to defend and hold harmless the stockholders against any legal actions resulting from the registration of their shares. It is essential for both VIA Net. Works, Inc. and the stockholders to carefully review and negotiate the terms of the Alabama Registration Rights Agreement to ensure that their interests are protected and that all legal requirements are satisfied. Consulting with legal professionals is highly recommended ensuring compliance with securities laws and regulations.