Florida Registration Rights Agreement between TriZetto Group, Inc. and TriZetto Stockholders

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9155
• Format: Word; Rich Text

Description

Registration Rights Agreement between The Trizetto Group and the holders of Trizetto's common stock dated December 22, 1999. 18 pages The Florida Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a legally binding document that outlines the rights and obligations of both parties regarding the registration of securities issued by Trident Group in the state of Florida. This agreement is an essential part of the overall corporate governance and investor relations strategies of Trident Group, ensuring transparency and compliance with state securities laws. The agreement grants certain rights to the Trident Stockholders, allowing them to request the registration of their securities with the Florida Securities and Exchange Commission (SEC). By registering their securities, the stockholders gain the ability to freely sell or transfer their shares in compliance with applicable securities regulations. The Florida Registration Rights Agreement sets forth various terms and conditions related to the registration process. These provisions include: 1. Demand Registration: Trident Stockholders have the right to request the company to register their securities with the Florida SEC. However, the agreement may stipulate certain requirements or limitations on the number of shares that can be registered at any given time. 2. Piggyback Registration: In the event that Trident Group plans to register any of its securities with the Florida SEC, the agreement grants the stockholders the right to include their securities in such registration. This provision ensures that stockholders can take advantage of the company's registration efforts, saving time and costs associated with an individual registration process. 3. Registration Expenses: The agreement typically defines the allocation of expenses related to the registration process. It outlines which party, either Trident Group or the requesting stockholders, is responsible for covering various costs such as filing fees, legal expenses, and printing costs. 4. Indemnification: To protect both parties, the agreement encompasses provisions for indemnification. It specifies that Trident Group will indemnify the stockholders against any losses or liabilities arising from the registration, while the stockholders agree to cooperate and provide necessary information during the registration process. It is important to note that while there may be variations in specific terms, the Florida Registration Rights Agreement generally aims to provide stockholders with the ability to participate in the public offering or sale of securities issued by Trident Group.

The Florida Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a legally binding document that outlines the rights and obligations of both parties regarding the registration of securities issued by Trident Group in the state of Florida. This agreement is an essential part of the overall corporate governance and investor relations strategies of Trident Group, ensuring transparency and compliance with state securities laws. The agreement grants certain rights to the Trident Stockholders, allowing them to request the registration of their securities with the Florida Securities and Exchange Commission (SEC). By registering their securities, the stockholders gain the ability to freely sell or transfer their shares in compliance with applicable securities regulations. The Florida Registration Rights Agreement sets forth various terms and conditions related to the registration process. These provisions include: 1. Demand Registration: Trident Stockholders have the right to request the company to register their securities with the Florida SEC. However, the agreement may stipulate certain requirements or limitations on the number of shares that can be registered at any given time. 2. Piggyback Registration: In the event that Trident Group plans to register any of its securities with the Florida SEC, the agreement grants the stockholders the right to include their securities in such registration. This provision ensures that stockholders can take advantage of the company's registration efforts, saving time and costs associated with an individual registration process. 3. Registration Expenses: The agreement typically defines the allocation of expenses related to the registration process. It outlines which party, either Trident Group or the requesting stockholders, is responsible for covering various costs such as filing fees, legal expenses, and printing costs. 4. Indemnification: To protect both parties, the agreement encompasses provisions for indemnification. It specifies that Trident Group will indemnify the stockholders against any losses or liabilities arising from the registration, while the stockholders agree to cooperate and provide necessary information during the registration process. It is important to note that while there may be variations in specific terms, the Florida Registration Rights Agreement generally aims to provide stockholders with the ability to participate in the public offering or sale of securities issued by Trident Group.