The Idaho Registration Rights Agreement is a legal document that outlines the rights and obligations between Trident Group, Inc. and its stockholders regarding the registration of securities. This agreement ensures that Trident Group, Inc. complies with the securities laws of the state of Idaho when offering or selling its stocks to the public. The purpose of the Idaho Registration Rights Agreement is to provide Trident Stockholders with the ability to register their shares for public sale and to protect their investment. It grants the stockholders the right to demand registration of their shares or include them in registration statements filed by Trident Group, Inc. This ensures that stockholders have the opportunity to sell their securities in the public market. The Idaho Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders can encompass several types, including: 1. Demand Registration Rights: Under this provision, Trident Stockholders can request that Trident Group, Inc. register their shares for public sale. This allows stockholders to initiate the process of selling their securities at their own discretion. 2. Piggyback Registration Rights: In the event that Trident Group, Inc. registers any of its securities with the intention of a public offering, this provision ensures that Trident Stockholders have the option to include their shares in the registration statement. This allows stockholders to take advantage of the company's efforts and sell their securities alongside the company's offering. 3. Form S-3 Registration Rights: This type of registration rights agreement allows Trident Stockholders to request registration of their shares on Form S-3, a simplified registration form used by well-established companies with a history of securities filings. This provision grants stockholders the advantage of faster and less burdensome registration process. 4. Shelf Registration Rights: In certain cases, the Idaho Registration Rights Agreement may include provisions for shelf registration, where Trident Stockholders are allowed to register their shares for sale on a delayed basis. This provides stockholders with the flexibility to sell their securities when market conditions are favorable, without having to wait for a timely registration process. Overall, the Idaho Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a crucial legal document that protects the rights and interests of stockholders, ensuring their ability to participate in the public offering of Trident Group, Inc.'s securities.