A Maine Registration Rights Agreement is a legal document that outlines the rights and obligations of Trident Group, Inc. and its stockholders regarding the registration of securities in the state of Maine. This agreement ensures that the stockholders have the opportunity to register their securities for sale or transfer in a timely and efficient manner, while also providing certain protections for the company. The agreement between Trident Group, Inc. and Trident Stockholders grants the stockholders the right to request registration of their securities under applicable state securities laws in Maine. This registration allows the stockholders to sell or transfer their securities in compliance with the state's regulations. The agreement also sets out the procedures and requirements for the registration process, including the submission of necessary documentation and compliance with any filing deadlines. Some key terms and provisions often found in a Maine Registration Rights Agreement include: 1. Demand Rights: Stockholders may have the right to request registration of their securities on demand, allowing them to sell or transfer their securities at their discretion. 2. Piggyback Rights: Stockholders may also be granted piggyback rights, which enable them to include their securities in a registration statement filed by the company for its own securities. 3. Expenses and Indemnification: The agreement typically specifies how the costs and expenses associated with the registration process will be allocated between the company and the stockholders. It also outlines the indemnification provisions to protect the parties against certain liabilities and losses. 4. Limitations and Restrictions: The agreement may include limitations on the number of securities that can be registered at one time, as well as restrictions on the timing and frequency of registration requests. 5. Termination: The agreement may specify the circumstances under which the registration rights granted to the stockholders will terminate, such as upon the complete sale or transfer of their securities or after a certain period of time has elapsed. Different types of Maine Registration Rights Agreements can exist depending on the specific terms and negotiation between Trident Group, Inc. and the Trident Stockholders. These agreements can vary in scope, duration, and the rights and obligations afforded to the stockholders. It is essential for both parties to carefully review and negotiate the terms of the agreement to ensure mutual understanding and compliance with Maine securities laws.