Nevada Registration Rights Agreement is a legal document that grants certain rights to investors who purchase convertible subordinated debentures in Nevada. This agreement ensures that investors have the ability to register their securities with the Securities and Exchange Commission (SEC) and potentially sell them to the public. The Nevada Registration Rights Agreement provides the investor with the right to have their debentures included in any registration statement filed by the company with the SEC. This allows the investor to participate in any future public offerings of the company's securities, providing them with liquidity and the ability to potentially profit from their investment. Additionally, the agreement outlines the obligations of the company regarding the registration process. It lays out timelines and requirements for the company to fulfill in order to ensure that the investor's debentures are accurately and effectively registered. It is important to note that there may be different types of Nevada Registration Rights Agreements regarding the purchase of convertible subordinated debentures, depending on the specific terms and conditions agreed upon by the investor and the company. These different types may include: 1. Demand Registration Rights Agreement: This type of agreement allows the investor to request the company to register their debentures for sale to the public. The investor has the right to initiate the registration process and the company is obligated to comply with their request, subject to certain conditions. 2. Piggyback Registration Rights Agreement: This agreement grants the investor the right to have their debentures included in any registration statement already filed by the company with the SEC. The investor "piggybacks" on the company's registration, ensuring their debentures are also registered and potentially sold in the public offering. 3. Shelf Registration Rights Agreement: In this type of agreement, the company agrees to file a registration statement covering the debentures for future sale. This enables the investor to sell their debentures at any time within a specified period without the need for a separate registration. Overall, the Nevada Registration Rights Agreement plays a crucial role in safeguarding the rights of investors who purchase convertible subordinated debentures in Nevada. It ensures transparency, liquidity, and regulatory compliance, allowing investors to have confidence in their investment in the company's securities.