The New Jersey Registration Rights Agreement is a legal document that outlines the rights and obligations of Turn stone Systems, Inc. (the "Company") and a purchaser in regard to the registration of securities. This agreement is specific to transactions involving the sale of securities in New Jersey and ensures compliance with state regulations. One type of New Jersey Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser is the "Demand Registration Rights Agreement." This agreement grants the purchaser the right to request the Company to register their securities with the New Jersey Bureau of Securities. The purchaser can exercise this right if certain specified conditions are met, such as holding a certain number of securities or meeting a minimum investment threshold. Another type of New Jersey Registration Rights Agreement is the "Piggyback Registration Rights Agreement." This agreement enables the purchaser to have their securities included in the Company's registration statement filed with the New Jersey Bureau of Securities. The purchaser can "piggyback" on the registration process initiated by the Company, allowing them to sell their securities alongside the Company's offering. The New Jersey Registration Rights Agreement also typically includes provisions related to the registration process, such as the Company's obligation to prepare and file required registration statements, the timeline for filing and effectiveness, and the allocation of expenses related to registration. It may also address limitations on the number of securities that can be registered at any given time, the use of shelf registrations, and the duration of the registration rights. Turn stone Systems, Inc. and the purchaser must carefully review and negotiate the specific terms of the New Jersey Registration Rights Agreement to ensure that their respective rights and obligations are adequately addressed. Legal professionals experienced in securities law and New Jersey regulations should be consulted to draft and finalize the agreement, considering the specific circumstances of the transaction.