North Carolina 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 North Carolina Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a legal contract that governs the rights and obligations of Trident Group, Inc. and its stockholders regarding the registration of securities under the state of North Carolina's securities laws. This agreement is specifically designed to provide certain rights and protections to the stockholders when it comes to the registration of their shares for sale or transfer. Under this agreement, Trident Group, Inc. agrees to undertake the necessary actions to register the shares of its stockholders with the North Carolina Securities Division, ensuring compliance with all applicable laws and regulations. The purpose of this registration is to allow the stockholders the opportunity to freely sell or transfer their shares in a manner that is legal and regulatory compliant. The agreement establishes different types of registration rights options that Trident Group, Inc. may grant to its stockholders. These options can include demand registration rights and piggyback registration rights. Demand registration rights refer to the stockholders' ability to request that Trident Group, Inc. files a registration statement with the North Carolina Securities Division on their behalf. The stockholders have the right to make such demands within a specified window of time, often triggered by certain thresholds or events. This way, the stockholders can proactively initiate the registration process and create liquidity for their shares. Piggyback registration rights, on the other hand, grant the stockholders the privilege to include their shares in any registration statement filed by Trident Group, Inc. for its own securities offering. If Trident Group, Inc. plans to register its securities for public sale, the stockholders can "piggyback" onto that registration, allowing them to offer their shares to the public alongside the company's offering. In addition to these registration rights, the agreement typically includes provisions regarding the expenses of registration, indemnification of the stockholders by Trident Group, Inc., and restrictions on transfer or sale of the registered shares. It's important to note that this description is a general overview of what a North Carolina Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders may entail. The specific terms, conditions, and variations of this agreement may vary depending on the negotiations between the parties involved and the particular circumstances of the stockholders and the company.

The North Carolina Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a legal contract that governs the rights and obligations of Trident Group, Inc. and its stockholders regarding the registration of securities under the state of North Carolina's securities laws. This agreement is specifically designed to provide certain rights and protections to the stockholders when it comes to the registration of their shares for sale or transfer. Under this agreement, Trident Group, Inc. agrees to undertake the necessary actions to register the shares of its stockholders with the North Carolina Securities Division, ensuring compliance with all applicable laws and regulations. The purpose of this registration is to allow the stockholders the opportunity to freely sell or transfer their shares in a manner that is legal and regulatory compliant. The agreement establishes different types of registration rights options that Trident Group, Inc. may grant to its stockholders. These options can include demand registration rights and piggyback registration rights. Demand registration rights refer to the stockholders' ability to request that Trident Group, Inc. files a registration statement with the North Carolina Securities Division on their behalf. The stockholders have the right to make such demands within a specified window of time, often triggered by certain thresholds or events. This way, the stockholders can proactively initiate the registration process and create liquidity for their shares. Piggyback registration rights, on the other hand, grant the stockholders the privilege to include their shares in any registration statement filed by Trident Group, Inc. for its own securities offering. If Trident Group, Inc. plans to register its securities for public sale, the stockholders can "piggyback" onto that registration, allowing them to offer their shares to the public alongside the company's offering. In addition to these registration rights, the agreement typically includes provisions regarding the expenses of registration, indemnification of the stockholders by Trident Group, Inc., and restrictions on transfer or sale of the registered shares. It's important to note that this description is a general overview of what a North Carolina Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders may entail. The specific terms, conditions, and variations of this agreement may vary depending on the negotiations between the parties involved and the particular circumstances of the stockholders and the company.