A North Carolina Registration Rights Agreement is a legally binding document that governs the registration of securities held by stockholders of VIA Net. Works, Inc. It outlines the rights and obligations of both the company and the stockholders in relation to the registration process. This agreement is designed to provide certain stockholders with the right to have their securities registered with the appropriate regulatory authorities in North Carolina. By registering these securities, stockholders gain the ability to sell or transfer their shares to the public, enhancing their liquidity and potential for profit. The North Carolina Registration Rights Agreement typically covers various aspects such as the registration process, timelines, and responsibilities of the company and the stockholders. It may also define the conditions under which the stockholders can demand the registration of their securities, including minimum thresholds, applicable fees, and the potential for cumulative demand. Additionally, the agreement may include provisions regarding the allocation of expenses related to the registration process, indemnification of the company by the stockholders, and dispute resolution mechanisms. It is crucial for both parties to review and negotiate these terms carefully to ensure their rights and obligations are adequately protected. While there aren't distinct "types" of North Carolina Registration Rights Agreements specific to VIA Net. Works, Inc., variations to the agreement can exist based on the specific terms negotiated between the company and stockholders. These variations may include provisions for piggyback registration rights, demand registration rights, or short-form registration rights, among others, tailored to the needs of both parties. In conclusion, the North Carolina Registration Rights Agreement between VIA Net. Works, Inc. and certain stockholders is a vital legal document that governs the registration process of securities held by stockholders. It establishes the rights and obligations of both parties and aims to facilitate the liquidity and marketability of the stockholders' securities.