Massachusetts Registration Rights Agreement is a legally binding contract that outlines the rights and obligations between Chief Consolidated Mining Company and Dimpling in regard to registering securities. This agreement is crucial for both parties involved as it governs the process of registering securities issued by Chief Consolidated Mining Company with the Securities and Exchange Commission (SEC). Under the Massachusetts Registration Rights Agreement, Chief Consolidated Mining Company agrees to provide certain registration rights to Dimpling, allowing them to register the securities they hold or will acquire. These registration rights give Dimpling the ability to offer, sell, or otherwise distribute the securities in compliance with applicable laws and regulations. There are various types of Massachusetts Registration Rights Agreements that may exist between Chief Consolidated Mining Company and Dimpling, depending on the specific terms negotiated between the parties. These types could include: 1. Demand Registration Rights: This type of agreement grants Dimpling the right to request that Chief Consolidated Mining Company registers their securities with the SEC on a demand basis. Dimpling can initiate this request based on predetermined conditions, such as the passage of a certain time period or the achievement of specific milestones. 2. Piggyback Registration Rights: Piggyback registration rights allow Dimpling to include their securities in any registration statement filed by Chief Consolidated Mining Company. This means that if Chief Consolidated Mining Company plans to register its securities for its own purposes, Dimpling has the right to "piggyback" on that registration statement and have their securities included as well. 3. Shelf Registration Rights: In this type of agreement, Chief Consolidated Mining Company agrees to maintain a shelf registration statement, allowing Dimpling to offer and sell their securities in the future. This is especially beneficial as it provides flexibility to Dimpling by eliminating the need for filing separate registration statements each time they wish to sell their securities. 4. S-3 Registration Rights: S-3 registration rights refer to the specific type of registration statement filed under SEC Form S-3. This agreement allows Dimpling to be included in any S-3 registration statement filed by Chief Consolidated Mining Company. S-3 registration statements are typically used by well-established companies and provide certain advantages, such as faster registration processes. It is important for both Chief Consolidated Mining Company and Dimpling to carefully review and understand the terms, rights, and obligations stated in the Massachusetts Registration Rights Agreement. This agreement ensures compliance with securities laws and regulations, protecting the interests of both parties involved.