The New Mexico Registration Rights Agreement is a legal contract that outlines the registration rights granted to shareholders of Chief Consolidated Mining Company and Dimpling, both parties involved in the agreement. This agreement allows shareholders to have their shares registered with the Securities and Exchange Commission (SEC) or any other regulatory authority, which enables them to freely trade or sell their shares to the public. The registration rights agreement between Chief Consolidated Mining Company and Dimpling aims to protect the rights of shareholders and ensure transparency in the trading of securities. By registering the shares, shareholders have the opportunity to take advantage of the public market and potentially increase liquidity by selling their shares to interested buyers. The agreement covers various aspects including the procedures, timelines, and responsibilities for registering the shares. It may specify the number of shares to be registered, the period within which the registration should occur, and the expenses related to the registration process. The agreement also typically includes provisions that protect the shareholders' interests in case of any delays or failures in the registration process. There may be different types of registration rights agreements applicable between Chief Consolidated Mining Company and Dimpling. These could include demand rights, piggyback rights, and shelf registration rights. Demand rights grant the shareholder the ability to require Chief Consolidated Mining Company or Dimpling to register their shares with the SEC or any applicable regulatory authority. This allows the shareholder to initiate the registration process at their own discretion. Piggyback rights, on the other hand, enable the shareholders to include their shares alongside a planned registration by Chief Consolidated Mining Company or Dimpling. If the company decides to register its shares for any reason, the shareholders with piggyback rights can also have their shares registered simultaneously. Shelf registration rights provide Chief Consolidated Mining Company or Dimpling with the flexibility to register additional shares for a certain period without the need for specific shareholder demand. The New Mexico Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling plays a crucial role in facilitating the smooth trading and liquidity of shares for both parties. It ensures that shareholders have the necessary protection and opportunities to participate in the public market while maintaining compliance with regulatory requirements.