In the state of Florida, a Registration Rights Agreement is a legally binding document that outlines the rights and obligations related to the registration of securities between Chief Consolidated Mining Company and Dimpling. This agreement ensures that Dimpling, as an investor or shareholder, has the right to register its securities with the appropriate authorities in Florida. The Florida Registration Rights Agreement typically includes various provisions to protect the interests of both parties involved. These provisions may include: 1. Demand Registration Rights: This type of agreement grants Dimpling the right to request that Chief Consolidated Mining Company registers its securities with the regulatory authorities in Florida. Dimpling can exercise this right if they wish to sell or transfer their securities to a third party. 2. Piggyback Registration Rights: In this scenario, if Chief Consolidated Mining Company decides to register any of its securities with the regulatory authorities, Dimpling has the right to include its own securities in that registration. This allows Dimpling to take advantage of the registration process initiated by Chief Consolidated Mining Company. 3. S-3 Registration Rights: S-3 registration allows Chief Consolidated Mining Company to register its securities on Form S-3, which is a simplified form that requires less comprehensive disclosure. Dimpling may request inclusion of its securities under this type of registration. 4. Expenses and Indemnification: The Florida Registration Rights Agreement also specifies which party is responsible for paying the expenses associated with registering the securities, such as legal and accounting fees. Additionally, it may outline how indemnification claims will be handled, protecting both parties from potential losses related to the registration process. 5. Confidentiality: This provision ensures that both Chief Consolidated Mining Company and Dimpling agree to keep any non-public information disclosed during the registration process confidential and not disclose it to any third party. In summary, the Florida Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is a crucial legal document that establishes the rights and responsibilities of both parties concerning the registration of securities. It provides options for Dimpling to request registration of its securities, protects both parties from financial burdens related to registration expenses, and maintains the confidentiality of sensitive information during the process.