Connecticut Registration Rights Agreement is a legally binding contract that outlines the rights and obligations of GEN International, Inc. and purchasers in relation to the sale of shares in the state of Connecticut. This agreement ensures that purchasers have the ability to register the shares they own for public sale and provides certain privileges to protect their interests. The agreement typically includes various terms and conditions such as: 1. Registration Statement: The agreement lays out the process for filing a registration statement with the Securities and Exchange Commission (SEC) in order to register the shares and make them available for public sale. 2. Demand Registration: This clause grants the purchasers the right to request the company to file a registration statement within a specified period of time. If the company fails to comply, it may face penalties or other consequences. 3. Piggyback Registration: This provision enables the purchasers to include their shares in any registration statement filed by the company for its own shares, subject to certain restrictions or limitations. 4. S-3 Registration: This type of registration allows purchasers who meet certain requirements to have their shares registered on Form S-3, which is a simplified registration form that offers additional benefits and a streamlined process. 5. Registration Expenses: The agreement outlines which party is responsible for covering the expenses associated with the registration process, such as legal fees, SEC fees, and printing costs. Typically, the company bears these costs. 6. Lock-up Period: In some instances, the agreement may include a lock-up period, during which the purchasers are restricted from selling their shares in the open market. This provision ensures that the company's stock price remains stable after the registration. It is important to note that there may be different variations or types of Connecticut Registration Rights Agreements based on the specific circumstances or negotiation between GEN International, Inc. and the purchasers. These agreements are tailored to meet the needs and interests of both parties involved. Some potential variations of Connecticut Registration Rights Agreements could include specific provisions related to the number of shares being registered, timelines for registration, the inclusion of anti-dilution measures, and the allocation of rights among different classes of shareholders. In conclusion, a Connecticut Registration Rights Agreement between GEN International, Inc. and purchasers is a vital document that protects the purchasers' interests and provides a framework for the registration of shares for public sale. It ensures transparency, fairness, and regulatory compliance in the process of selling shares in the state of Connecticut.