Registration Rights Agreement between Chief Consolidated Mining Company and Dimeling, Schreiber and Park dated November 19, 1999. 20 pages
Title: Understanding the California Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling: Key Types and Overview Introduction: The California Registration Rights Agreement is a vital legal instrument that governs the registration of securities issued by Chief Consolidated Mining Company (hereinafter referred to as "Chief Consolidated") to Dimpling (hereinafter referred to as "Dimpling"). This detailed description aims to provide an overview of the agreement, including the main types available between both parties. 1. Mention the Types of California Registration Rights Agreement: a) Standard Registration Rights Agreement: One common type of California Registration Rights Agreement establishes the rights and obligations of Chief Consolidated and Dimpling with respect to registering securities under applicable securities laws. This agreement encompasses the registration of shares issued by Chief Consolidated to Dimpling, ensuring their ability to sell, transfer, or otherwise dispose of the registered securities. b) Demand Registration Rights Agreement: Another prominent variant of the California Registration Rights Agreement is the Demand Registration Rights Agreement. This agreement caters to the rights of Dimpling to request Chief Consolidated to register their securities upon the satisfaction of certain specified conditions. Dimpling has the option to demand such registration to enhance liquidity and facilitate potential public offerings or private placements. c) Piggyback Registration Rights Agreement: The Piggyback Registration Rights Agreement is an additional type that Chief Consolidated and Dimpling may choose to include. This provision allows Dimpling to "piggyback" on any registration statement filed by Chief Consolidated, enabling them to include their securities for registration alongside Chief Consolidated's securities. 2. Contextualize: Chief Consolidated Mining Company & Dimpling: Chief Consolidated Mining Company is a reputable mining corporation primarily engaged in the exploration, development, and production of mineral commodities. Dimpling is an investment firm, reputed for its strategic investments in mining and resource-based industries. 3. Overview: California Registration Rights Agreement: The California Registration Rights Agreement between Chief Consolidated and Dimpling aims to provide Dimpling with certain rights and privileges concerning the registration of securities. By securing registration rights, Dimpling gains the ability to sell or transfer their securities publicly or privately, enhancing liquidity and investment opportunities. Key Components of the Agreement: a) Registration Process: The agreement outlines the registration process, timelines, and responsibilities of Chief Consolidated and Dimpling, ensuring compliance with applicable securities laws and regulatory requirements. b) Financial Responsibility: It establishes the financial obligations of both parties, including registration expenses, legal fees, and related costs, ensuring fair allocation and reimbursement procedures. c) Notification and Communication: The agreement details the notification procedures that Chief Consolidated must provide to Dimpling when registering securities. Dimpling maintains the right to respond to such notifications to confirm their participation and provide essential information. d) Termination and Expiration: The agreement may include provisions on the termination and expiration of registration rights, outlining the circumstances under which these rights may cease to apply. Conclusion: The California Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is a critical contractual arrangement that defines the registration process and associated rights and obligations between both entities. By offering different types, such as Standard, Demand, and Piggyback agreements, this agreement facilitates the registration of securities, enabling Dimpling to enhance liquidity and explore potential public offerings or private placements.
Title: Understanding the California Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling: Key Types and Overview Introduction: The California Registration Rights Agreement is a vital legal instrument that governs the registration of securities issued by Chief Consolidated Mining Company (hereinafter referred to as "Chief Consolidated") to Dimpling (hereinafter referred to as "Dimpling"). This detailed description aims to provide an overview of the agreement, including the main types available between both parties. 1. Mention the Types of California Registration Rights Agreement: a) Standard Registration Rights Agreement: One common type of California Registration Rights Agreement establishes the rights and obligations of Chief Consolidated and Dimpling with respect to registering securities under applicable securities laws. This agreement encompasses the registration of shares issued by Chief Consolidated to Dimpling, ensuring their ability to sell, transfer, or otherwise dispose of the registered securities. b) Demand Registration Rights Agreement: Another prominent variant of the California Registration Rights Agreement is the Demand Registration Rights Agreement. This agreement caters to the rights of Dimpling to request Chief Consolidated to register their securities upon the satisfaction of certain specified conditions. Dimpling has the option to demand such registration to enhance liquidity and facilitate potential public offerings or private placements. c) Piggyback Registration Rights Agreement: The Piggyback Registration Rights Agreement is an additional type that Chief Consolidated and Dimpling may choose to include. This provision allows Dimpling to "piggyback" on any registration statement filed by Chief Consolidated, enabling them to include their securities for registration alongside Chief Consolidated's securities. 2. Contextualize: Chief Consolidated Mining Company & Dimpling: Chief Consolidated Mining Company is a reputable mining corporation primarily engaged in the exploration, development, and production of mineral commodities. Dimpling is an investment firm, reputed for its strategic investments in mining and resource-based industries. 3. Overview: California Registration Rights Agreement: The California Registration Rights Agreement between Chief Consolidated and Dimpling aims to provide Dimpling with certain rights and privileges concerning the registration of securities. By securing registration rights, Dimpling gains the ability to sell or transfer their securities publicly or privately, enhancing liquidity and investment opportunities. Key Components of the Agreement: a) Registration Process: The agreement outlines the registration process, timelines, and responsibilities of Chief Consolidated and Dimpling, ensuring compliance with applicable securities laws and regulatory requirements. b) Financial Responsibility: It establishes the financial obligations of both parties, including registration expenses, legal fees, and related costs, ensuring fair allocation and reimbursement procedures. c) Notification and Communication: The agreement details the notification procedures that Chief Consolidated must provide to Dimpling when registering securities. Dimpling maintains the right to respond to such notifications to confirm their participation and provide essential information. d) Termination and Expiration: The agreement may include provisions on the termination and expiration of registration rights, outlining the circumstances under which these rights may cease to apply. Conclusion: The California Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is a critical contractual arrangement that defines the registration process and associated rights and obligations between both entities. By offering different types, such as Standard, Demand, and Piggyback agreements, this agreement facilitates the registration of securities, enabling Dimpling to enhance liquidity and explore potential public offerings or private placements.