A Hawaii Registration Rights Agreement is a crucial legal contract that outlines the rights and obligations associated with the registration of securities issued by a company in Hawaii. One such agreement is the Hawaii Registration Rights Agreement between VIA Net. Works, Inc. (the "Company") and certain stockholders (the "Stockholders"). This agreement ensures that the Stockholders can register their securities under the applicable securities laws of Hawaii. It creates a framework for the registration process, providing certain rights and guidelines for both the Company and the Stockholders. The Hawaii Registration Rights Agreement grants the Stockholders specific rights related to the registration of their securities, such as demand rights and piggyback rights. Demand rights allow Stockholders to request that the Company register their securities for sale to the public, while piggyback rights enable the Stockholders to include their securities in a registration initiated by the Company. Furthermore, the agreement details the procedures and responsibilities of both parties in the registration process. It establishes the timeline for submitting registration requests, the obligations of the Company to file necessary registration statements with the Hawaii Securities Commission, and the Stockholders' responsibilities to provide required information and bear certain expenses associated with the registration. The agreement may also contain provisions related to the transferability of the registration rights, such as restrictions on transferring the rights to third parties without the company's consent. Different types of Hawaii Registration Rights Agreements between VIA Net. Works, Inc. and certain stockholders may include variations in the specific rights granted, the duration of the agreement, the number of stockholders involved, and the size of the securities being registered. In conclusion, a Hawaii Registration Rights Agreement between VIA Net. Works, Inc. and certain stockholders is a crucial legal document that provides guidelines and rights for the registration of securities in Hawaii. It ensures transparency, compliance, and fair treatment for both the Company and the Stockholders, promoting a well-regulated securities market.