Nebraska Registration Rights Agreement is a legal document that outlines the rights and obligations of GEN International, Inc. (the "Company") and purchasers (investors) in relation to the sale of shares. This agreement is crucial in ensuring transparency, liquidity, and marketability of the shares being sold. Here, we will provide a detailed description of what the Nebraska Registration Rights Agreement entails and how it benefits the involved parties. Under this agreement, GEN International, Inc. grants certain registration rights to the purchasers, allowing them to register their shares with the Securities and Exchange Commission (SEC) or any other relevant regulatory authority. This process is essential as it enables the purchasers to freely sell or transfer their shares in compliance with applicable laws and regulations. The Nebraska Registration Rights Agreement includes various terms and provisions that safeguard the rights and interests of both parties. These provisions might vary based on the specifics of each agreement, but typically include: 1. Demand Registration Rights: This grants the purchasers the right to request the Company to register their shares for sale in a public offering. The agreement specifies the procedures and conditions necessary for exercising this right, such as minimum offering size, selling restrictions, and associated costs. 2. Piggyback Registration Rights: In the event that the Company plans to register any of its securities for a public offering, purchasers have the right (but not the obligation) to include their shares in the registration statement. This provision allows purchasers to benefit from the Company's registration efforts and potentially include their shares in an established offering. 3. Hold back Periods: This clause may stipulate that purchasers cannot sell or transfer their registered shares for a specified period after the completion of an initial public offering (IPO) or any other registration event. Hold back periods are typically implemented to ensure orderly trading and to prevent excessive market volatility. 4. Priority of Allocation: If the total number of shares requested to be registered exceeds the offering's capacity, the agreement may specify the priority of allocation. This provision ensures an equitable distribution of shares among the purchasers according to predetermined criteria, such as the number of shares each owns or the order in which they requested registration. 5. Registration Expenses: The agreement outlines the allocation of registration expenses between the Company and the purchasers. These expenses may include legal fees, accounting costs, and other expenses related to the registration process. Parties usually negotiate the proportionate share of these expenses according to their respective interests. It is important to note that the specific details and terms of the Nebraska Registration Rights Agreement can vary between agreements, depending on factors like the number of purchasers, the size of the offering, and the Company's objectives. Therefore, exact agreement names might differ. However, the broader purpose of the agreement remains consistent: to regulate the registration and sale of shares, protecting the rights of purchasers and the interests of the Company.