District of Columbia Registration Rights Agreement is a legally binding document that governs the rights and obligations of Chief Consolidated Mining Company and Dimpling regarding the registration of securities in the District of Columbia. The purpose of the District of Columbia Registration Rights Agreement is to establish the procedures and guidelines for registering securities issued by Chief Consolidated Mining Company with the Securities and Exchange Commission (SEC) and ensuring compliance with the relevant District of Columbia laws and regulations. Under this agreement, Chief Consolidated Mining Company grants Dimpling certain registration rights, which allow Dimpling to request the registration of its securities with the SEC. The agreement specifies the conditions and procedures under which Dimpling can exercise these rights, including the number and type of securities that can be registered. There are two main types of District of Columbia Registration Rights Agreement that can be established between Chief Consolidated Mining Company and Dimpling: 1. Demand Registration Rights: This type of agreement allows Dimpling to demand that Chief Consolidated Mining Company register its securities with the SEC. The agreement sets forth the criteria for exercising this right, such as minimum number of securities to be registered and the timeframe within which the request needs to be made. 2. Piggyback Registration Rights: This type of agreement grants Dimpling the option to include its securities in any registration statement filed by Chief Consolidated Mining Company with the SEC. If Chief Consolidated Mining Company intends to register its securities for public offering, Dimpling can request to "piggyback" on this registration, thereby taking advantage of the existing filing and reducing costs. The District of Columbia Registration Rights Agreement also outlines the responsibilities and obligations of both parties, including the costs associated with registration, indemnification, and liability for any misrepresentations or inaccuracies in the registration statement. It further enforces confidentiality provisions to protect sensitive information exchanged during the registration process. In conclusion, the District of Columbia Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is an essential legal document that ensures compliance with District of Columbia laws and governs the registration of securities. It provides Dimpling with specific rights to request registration of their securities or include them in Chief Consolidated Mining Company's registration statements, promoting transparency and investor confidence.