Idaho Registration Rights Agreement is a legal document that outlines the rights and obligations related to the registration of securities issued by Alexander and Alexander Services, Inc. ("Company") to its Purchasers. This agreement aims to provide a framework for the registration process and ensure fair treatment for both parties involved. The Agreement typically includes various provisions and clauses, which may include: 1. Definitions: This section defines key terms used throughout the Agreement, such as "Purchasers," "Securities," "Registrable Securities," and "Registration Statement." 2. Registration Rights: It specifies the rights granted to the Purchasers regarding the registration of their Securities, such as the right to request the registration of their Securities on a Registration Statement filed by the Company with the Securities and Exchange Commission (SEC). 3. Registration Expenses: This clause addresses the allocation of expenses associated with the registration process, including legal fees, filing fees, and printing costs. It may outline who bears these expenses and the provisions for reimbursement. 4. Demand Registration: This provision governs the Purchasers' right to request the Company to register their Securities. It lays out the conditions and procedures for initiating a demand registration, including the minimum number or percentage of Securities required. 5. Piggyback Registration: It defines the Purchasers' right to include their Securities in a registration statement initiated by the Company or other shareholders. It outlines the eligibility criteria and the process for exercising this right. 6. Obligations of the Company: This section outlines the Company's responsibilities in implementing the registration process, including timely filing of registration statements, cooperation with Purchasers, and maintaining effective registration statements. 7. Lock-Up Agreement: In some cases, the Agreement may include a lock-up provision that restricts the Purchasers from selling or transferring their Securities for a specified period following the registration. 8. Indemnification: This clause safeguards the Company and Purchasers against any liabilities arising from the registration process. It defines the indemnifying party and the procedures for indemnification. 9. Governing Law and Jurisdiction: This provision specifies the applicable law and jurisdiction governing the Agreement, often specifying Idaho state law. There may be different types or variations of Idaho Registration Rights Agreements between Alexander and Alexander Services, Inc. and Purchasers, depending on the specific terms negotiated by the parties. Common types may include: 1. Standard Registration Rights Agreement: This refers to a basic agreement that outlines the fundamental rights and obligations of both parties concerning the registration process. 2. Demand-Only Registration Rights Agreement: This type of agreement focuses primarily on the Purchasers' right to demand registration from the Company without including provisions for piggyback registration. 3. Full Piggyback Registration Rights Agreement: This agreement grants the Purchasers the right to demand registration as well as the ability to include their Securities in any registration statement initiated by the Company or other shareholders. Please note that the actual content and naming of the Agreement may vary based on the specific circumstances and legal requirements of the state of Idaho.