Hawaii Registration Rights Agreement is a legal contract between GEN International, Inc. and purchasers who wish to sell shares in the state of Hawaii. This agreement grants certain rights and protections to both parties involved in the sale of shares. It ensures that the purchasers have the ability to register the shares with the appropriate regulatory authorities and facilitates the process of selling shares in compliance with Hawaii securities laws. The Hawaii Registration Rights Agreement outlines the terms and conditions under which the purchasers may exercise their registration rights, including the timing and method of registration, disclosure requirements, and any restrictions or limitations imposed on the sale of shares. It also establishes the responsibilities and obligations of both parties, such as providing necessary information and documentation for the registration process. This agreement protects the purchasers by guaranteeing their ability to sell the registered shares in the future without encountering legal or regulatory difficulties. It also provides assurances to GEN International, Inc. by ensuring that the purchasers comply with all necessary regulations, minimizing the risk of any potential violations. There may be different types of Hawaii Registration Rights Agreements depending on the specific circumstances of the sale. Some common types include "Piggyback Registration Rights" and "Demand Registration Rights." 1. Piggyback Registration Rights: This type of agreement allows the purchasers to include their shares in any registration statement filed by GEN International, Inc. for the sale of its securities. It enables the purchasers to "piggyback" on the company's registration efforts, thereby increasing their chances of selling their shares effectively. 2. Demand Registration Rights: In this type of agreement, the purchasers have the right to request that GEN International, Inc. file a registration statement with the regulatory authorities to sell their shares. The company is obligated to fulfill this demand within a specified timeframe. These are just a couple of examples of Hawaii Registration Rights Agreements that may be used between GEN International, Inc. and purchasers regarding the sale of shares. The specific terms and provisions will vary according to the negotiated agreement between the parties involved.