A Minnesota Registration Rights Agreement is a legal document that outlines the rights and obligations of stockholders of VIA Net. Works, Inc. in relation to the registration of their shares. This agreement ensures that certain stockholders have the ability to register their shares with the Securities and Exchange Commission (SEC) as required by relevant securities laws. The Minnesota Registration Rights Agreement grants the stockholders the right to demand registration of their shares with the SEC, either on a delayed or continuous basis. This allows the stockholders to sell their shares in the public market when they choose to do so. Additionally, the agreement may specify certain restrictions on the number of shares that can be registered at once or the timing of registration statements. There might be different types or variations of the Minnesota Registration Rights Agreement, depending on the specific terms and conditions agreed upon between VIA Net. Works, Inc. and the stockholders. For example: 1. Demand Registration: This type of agreement grants stockholders the right to require VIA Net. Works, Inc. to file a registration statement with the SEC on their behalf. The stockholders can exercise this right when they wish to sell their shares and need the assistance of a public market. 2. Piggyback Registration: In a piggyback registration, stockholders have the right to include their shares in a registration statement filed by VIA Net. Works, Inc. This type of agreement allows stockholders to take advantage of the company's registration process and sell their shares alongside a primary offering by VIA Net. Works, Inc. 3. S-3 Registration Rights: S-3 registration rights enable certain stockholders who qualify as "Eligible Holders" to use the short-form registration statement (Form S-3) instead of the longer and more detailed Form S-1. This type of agreement offers a more streamlined registration process for qualified stockholders. It is important to note that the specific terms and conditions of a Minnesota Registration Rights Agreement may vary depending on the negotiations between the company and the stockholders involved, as well as the applicable laws and regulations. Interested parties should consult legal professionals to understand the exact details and implications of such agreements.