Connecticut Registration Rights Agreement is a legal contract between VIA Net. Works, Inc. and specific stockholders that outlines the rights and obligations regarding the registration of securities with the Connecticut Securities and Exchange Commission (SEC). This agreement allows stockholders to register and sell their shares in compliance with the state's regulations. The main purpose of the Connecticut Registration Rights Agreement is to ensure transparency and fairness in the stock market by providing stockholders with the ability to register their securities. By doing so, they can sell their assets to potential buyers without any legal hurdles. This agreement encompasses various types, such as: 1. Demand Registration Rights: VIA Net. Works, Inc. agrees to register the stockholder's shares upon their written request. The company is obligated to prepare and file a registration statement with the SEC within a specified timeframe. 2. Piggyback Registration Rights: If VIA Net. Works, Inc. plans to register any of its securities for public sale, the stockholders have the right to include their shares in the registration statement. This allows them to sell their securities alongside the company's offering. 3. Form S-3 Registration Rights: In this type of agreement, if VIA Net. Works, Inc. qualifies to file a Form S-3 or any similar short-form registration statement, the stockholders have the right to request registration of their shares under such a form. 4. Rule 144 Registration Rights: Stockholders who hold restricted securities, as defined by Rule 144 of the SEC, can request VIA Net. Works, Inc. to register their shares for public resale, subject to certain conditions and limitations. The Connecticut Registration Rights Agreement typically covers key provisions, including the number of shares to be registered, the timing and process for requesting registration, the responsibilities of the parties involved, and any associated fees or expenses. This agreement is crucial for stockholders as it provides a mechanism through which they can exercise their rights to sell securities in compliance with Connecticut's securities laws and regulations. It also promotes transparency and ensures equal opportunities for stockholders to participate in the market.