Registration Rights Agreement between The Trizetto Group and the holders of Trizetto's common stock dated December 22, 1999. 18 pages
A Michigan Registration Rights Agreement is a legal contract between Trident Group, Inc., a company, and its stockholders. This agreement establishes the rights and obligations of the stockholders regarding the registration of their shares under the securities laws of Michigan. Under this agreement, Trident Group, Inc. grants certain registration rights to its stockholders, allowing them to request the registration of their shares with the appropriate securities regulatory authorities in Michigan. This registration process enables stockholders to offer their shares for sale to the public, providing them with an exit strategy and potentially enhancing the liquidity of their investments. The Michigan Registration Rights Agreement outlines various provisions, including the eligibility criteria for stockholders to exercise their registration rights and the procedures for submitting registration requests. It may also specify the registration process, including the filing and review of registration statements, the allocation of expenses related to the registration, and any proposed underwriting arrangements. Furthermore, the agreement may address limitations and restrictions on the registration rights, such as the number or percentage of shares that can be registered, priority in registration, and the duration of these rights. It might also include provisions regarding the sale of shares by affiliates of Trident Group, Inc., as well as any obligations related to providing necessary information and cooperation during the registration process. While the Michigan Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a generic term, there could be variations or additional types based on specific circumstances or individual negotiations. Some examples may include: 1. Limited Registration Rights Agreement: This type of agreement may restrict the number or timing of registration requests by stockholders, usually based on certain conditions or milestones. 2. Demand Registration Rights Agreement: In this type, Trident Stockholders have the right to request Trident Group, Inc. to register their shares at any time. The company is obligated to fulfill these requests within specified timelines and subject to certain approval processes. 3. Piggyback Registration Rights Agreement: It allows Trident Stockholders to "piggyback" on any registration initiated by Trident Group, Inc. For instance, if the company is planning to issue new shares or conduct an initial public offering (IPO), stockholders with piggyback rights can include their shares in the registration statement. 4. S-3 Registration Rights Agreement: This agreement enables eligible Trident Stockholders to use Form S-3 registration, a simplified process for registering securities, to offer their shares for public sale. In conclusion, a Michigan Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a vital legal instrument that safeguards the rights of stockholders to register their shares under Michigan securities laws. These agreements can come in various types depending on the specific provisions negotiated between the company and its stockholders.
A Michigan Registration Rights Agreement is a legal contract between Trident Group, Inc., a company, and its stockholders. This agreement establishes the rights and obligations of the stockholders regarding the registration of their shares under the securities laws of Michigan. Under this agreement, Trident Group, Inc. grants certain registration rights to its stockholders, allowing them to request the registration of their shares with the appropriate securities regulatory authorities in Michigan. This registration process enables stockholders to offer their shares for sale to the public, providing them with an exit strategy and potentially enhancing the liquidity of their investments. The Michigan Registration Rights Agreement outlines various provisions, including the eligibility criteria for stockholders to exercise their registration rights and the procedures for submitting registration requests. It may also specify the registration process, including the filing and review of registration statements, the allocation of expenses related to the registration, and any proposed underwriting arrangements. Furthermore, the agreement may address limitations and restrictions on the registration rights, such as the number or percentage of shares that can be registered, priority in registration, and the duration of these rights. It might also include provisions regarding the sale of shares by affiliates of Trident Group, Inc., as well as any obligations related to providing necessary information and cooperation during the registration process. While the Michigan Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a generic term, there could be variations or additional types based on specific circumstances or individual negotiations. Some examples may include: 1. Limited Registration Rights Agreement: This type of agreement may restrict the number or timing of registration requests by stockholders, usually based on certain conditions or milestones. 2. Demand Registration Rights Agreement: In this type, Trident Stockholders have the right to request Trident Group, Inc. to register their shares at any time. The company is obligated to fulfill these requests within specified timelines and subject to certain approval processes. 3. Piggyback Registration Rights Agreement: It allows Trident Stockholders to "piggyback" on any registration initiated by Trident Group, Inc. For instance, if the company is planning to issue new shares or conduct an initial public offering (IPO), stockholders with piggyback rights can include their shares in the registration statement. 4. S-3 Registration Rights Agreement: This agreement enables eligible Trident Stockholders to use Form S-3 registration, a simplified process for registering securities, to offer their shares for public sale. In conclusion, a Michigan Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a vital legal instrument that safeguards the rights of stockholders to register their shares under Michigan securities laws. These agreements can come in various types depending on the specific provisions negotiated between the company and its stockholders.