Illinois Registration Rights Agreement between TriZetto Group, Inc. and TriZetto Stockholders

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9155
• Format: Word; Rich Text

Description

Registration Rights Agreement between The Trizetto Group and the holders of Trizetto's common stock dated December 22, 1999. 18 pages The Illinois Registration Rights Agreement is an essential document between Trident Group, Inc. and its stockholders. This agreement outlines the rights and obligations regarding the registration of Trident Group's securities with the Illinois Securities Commission. It ensures transparency and compliance with state laws and regulations. Under this agreement, Trident Group, as the issuer, grants certain rights to its stockholders that enable them to request the registration of their securities. These registration rights are crucial for stockholders for several reasons, including liquidity, the ability to sell or transfer their securities, and attracting potential investors. The Illinois Registration Rights Agreement defines specific terms and conditions for exercising these rights. It covers the obligations of both the company and the stockholders during the registration process. This includes the timing, procedures, and expenses associated with registration. The agreement also addresses limitations on the number of shares eligible for registration or the length of time a stockholder must hold their securities before requesting registration. There are different types of Illinois Registration Rights Agreements that may vary depending on the specific circumstances. These variations may include: 1. Demand Registration Rights: Stockholders have the right to demand the registration of their securities with the Illinois Securities Commission. They can initiate this process by submitting a written request to Trident Group, specifying the number and class of securities they wish to register. Trident Group is then obligated to register these securities within a predetermined timeframe. 2. Piggyback Registration Rights: In cases where Trident Group plans to register its securities for public sale, stockholders with piggyback registration rights have the opportunity to include their securities in the registration statement. This allows them to take advantage of the resources and costs associated with the company's registration process. 3. Shelf Registration Rights: Shelf registration allows stockholders to register their securities in advance without intending to sell them immediately. This provides flexibility and efficiency in the event the stockholders decide to sell their securities in the future. Shelf registration rights are subject to certain limitations and requirements, as defined in the agreement. The Illinois Registration Rights Agreement serves as a vital framework for maintaining a fair and transparent relationship between Trident Group, Inc. and its stockholders. It ensures that stockholders have the necessary tools to navigate the registration process smoothly while safeguarding the interests of all parties involved.

The Illinois Registration Rights Agreement is an essential document between Trident Group, Inc. and its stockholders. This agreement outlines the rights and obligations regarding the registration of Trident Group's securities with the Illinois Securities Commission. It ensures transparency and compliance with state laws and regulations. Under this agreement, Trident Group, as the issuer, grants certain rights to its stockholders that enable them to request the registration of their securities. These registration rights are crucial for stockholders for several reasons, including liquidity, the ability to sell or transfer their securities, and attracting potential investors. The Illinois Registration Rights Agreement defines specific terms and conditions for exercising these rights. It covers the obligations of both the company and the stockholders during the registration process. This includes the timing, procedures, and expenses associated with registration. The agreement also addresses limitations on the number of shares eligible for registration or the length of time a stockholder must hold their securities before requesting registration. There are different types of Illinois Registration Rights Agreements that may vary depending on the specific circumstances. These variations may include: 1. Demand Registration Rights: Stockholders have the right to demand the registration of their securities with the Illinois Securities Commission. They can initiate this process by submitting a written request to Trident Group, specifying the number and class of securities they wish to register. Trident Group is then obligated to register these securities within a predetermined timeframe. 2. Piggyback Registration Rights: In cases where Trident Group plans to register its securities for public sale, stockholders with piggyback registration rights have the opportunity to include their securities in the registration statement. This allows them to take advantage of the resources and costs associated with the company's registration process. 3. Shelf Registration Rights: Shelf registration allows stockholders to register their securities in advance without intending to sell them immediately. This provides flexibility and efficiency in the event the stockholders decide to sell their securities in the future. Shelf registration rights are subject to certain limitations and requirements, as defined in the agreement. The Illinois Registration Rights Agreement serves as a vital framework for maintaining a fair and transparent relationship between Trident Group, Inc. and its stockholders. It ensures that stockholders have the necessary tools to navigate the registration process smoothly while safeguarding the interests of all parties involved.