The Hawaii Registration Rights Agreement is a legal document that outlines the rights and obligations of Trident Group, Inc. and its stockholders regarding the registration of securities in the state of Hawaii. This agreement is specific to the jurisdiction of Hawaii and ensures compliance with state laws and regulations. Under the agreement, Trident Group, Inc. is obliged to register the sale of securities issued by the company with the appropriate regulatory authorities in Hawaii. This registration process includes the filing of necessary documents and disclosures, providing transparency to potential investors and stakeholders in the state. The Trident Stockholders, on the other hand, are granted certain rights and privileges in relation to the registration of their securities. These rights enable stockholders to request the registration of their shares, either for public sale or privately negotiated transactions, under specific conditions and limitations outlined in the agreement. The Hawaii Registration Rights Agreement may also include provisions for piggyback registration rights. This allows stockholders to include their shares in a registration statement filed by Trident Group, Inc. for the public offering of its own securities. Such piggyback rights typically come with certain conditions, such as minimum offering sizes or limitations on the number of shares that can be registered. Additionally, the agreement may define the circumstances under which the registration process can be delayed, postponed, or abandoned. This could include situations where registration could have a detrimental effect on Trident Group, Inc. or its stockholders, or factors beyond their control that prevent the completion of the registration process. It is important to note that the specifics of the Hawaii Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders may vary depending on the terms agreed upon by the parties involved. Hence, for accurate and comprehensive information, one should refer to the specific agreement signed by the respective parties.