North Dakota Registration Rights Agreement is a legally binding document that outlines the rights and obligations between Shell, Inc. and Mole Incorporated regarding the registration of securities. This agreement is crucial when Shell, Inc. offers its securities for public sale, thereby ensuring compliance with securities laws and regulations in North Dakota. The North Dakota Registration Rights Agreement between Shell, Inc. and Mole Incorporated is tailored to suit the specific needs and circumstances of both parties. This agreement typically covers several key aspects, including: 1. Parties involved: The agreement identifies Shell, Inc. as the issuer of the securities and Mole Incorporated as the holder or investor. 2. Securities subject to registration: The agreement specifies the type and class of securities that are eligible for registration, such as common stock, preferred stock, or bonds. 3. Registration process: It outlines the procedures and requirements for registering the securities with the relevant North Dakota regulatory authorities. This includes filing necessary documents, financial statements, and any amendments to the registration statement. 4. Expenses: The agreement clarifies whether Shell, Inc. or Mole Incorporated will bear the costs associated with the registration, including legal fees, printing expenses, and filing fees. 5. Demand registration: This type of agreement grants Mole Incorporated the right to request Shell, Inc. to register their securities for sale to the public. The agreement may specify any limitations or conditions for exercising this right. 6. Piggyback registration: This provision allows Mole Incorporated to include their securities in any registration statement filed by Shell, Inc. This is useful when Shell, Inc. plans to register additional securities. 7. Lock-up period: The agreement may impose restrictions on Mole Incorporated's ability to sell or transfer their securities for a specified period after the effective date of the registration statement. 8. Indemnification: Both parties typically agree to indemnify and hold each other harmless from any losses, damages, or liabilities arising from the registration process. It is important to note that the specific terms and conditions of the North Dakota Registration Rights Agreement may vary depending on the negotiation and agreement between Shell, Inc. and Mole Incorporated.