The Arizona Registration Rights Agreement is a comprehensive legal document that outlines the rights and obligations between VIA Net. Works, Inc. and certain stockholders in relation to the registration of securities. This agreement is specific to entities operating within the state of Arizona and governs the registration process for securities offered or sold within the state. The main objective of the Arizona Registration Rights Agreement is to protect the interests of the stockholders by ensuring their ability to register their securities and participate in public offerings. It allows stockholders to demand the registration of their shares and provides them with certain rights and privileges associated with the registration process. Key provisions included in the Arizona Registration Rights Agreement may encompass: 1. Registration Obligations: The agreement outlines the obligations of VIA Net. Works, Inc. to register the securities with the appropriate regulatory authorities, such as the Arizona Corporation Commission, within a specified period. This ensures compliance with state securities laws for public offerings. 2. Demand Registration: Stockholders possessing specific minimum percentages of outstanding securities can exercise their right to request VIA Net. Works, Inc. to carry out a registration statement filing on their behalf. This provision enables stockholders to access the public markets and potential liquidity events. 3. Piggyback Registration: In the event VIA Net. Works, Inc. decides to register its securities for sale to the public, stockholders have the right to include their shares in the offering. This provision allows stockholders to take advantage of the company's registration efforts and avoid duplication of registration expenses. 4. S-3 Registration: If VIA Net. Works, Inc. becomes eligible to use Form S-3 or any similar short-form registration statement, the agreement may include provisions allowing stockholders to demand registration on this form if they meet certain eligibility requirements. This simplifies and expedites the registration process for the stockholders. 5. Registration Expenses: The agreement typically addresses the allocation of expenses associated with the registration process, including legal fees, underwriting discounts, and filing costs. It specifies whether VIA Net. Works, Inc. or the stockholders bear these expenses and outlines the reimbursement process. Overall, the Arizona Registration Rights Agreement serves as a legally binding contract that governs the rights and responsibilities of VIA Net. Works, Inc. and its stockholders concerning the registration of securities within the state. It aims to ensure equitable treatment and provide a framework for efficient and fair registration procedures. Note: It's important to consult legal professionals or relevant authorities to obtain accurate and up-to-date information on the specific types of Arizona Registration Rights Agreements and any additional requirements or variations that may exist.