Ohio Registration Rights Agreement is a legal agreement between VIA Net. Works, Inc. and certain stockholders that outlines the terms and conditions regarding the registration of securities. This agreement grants specified rights to the stockholders to ensure the smooth registration process and compliance with applicable laws and regulations. The Ohio Registration Rights Agreement is designed to protect the interests of stockholders by providing them with certain privileges and protections in relation to the company's registration of its securities with the Ohio Securities Commission. The agreement specifies the rights and obligations of both parties involved and ensures a fair and transparent registration process. Key terms and conditions included in the Ohio Registration Rights Agreement: 1. Demand Registration Rights: The stockholders have the right to request VIA Net. Works, Inc. to register their securities with the Ohio Securities Commission. This request can be made at any time, allowing the stockholders to sell their securities in the public market. 2. Piggyback Registration Rights: In case VIA Net. Works, Inc. plans to register any of its securities for public sale, the stockholders have the right to "piggyback" on the registration and include their securities for sale as well. This allows the stockholders to take advantage of the registration process initiated by the company. 3. SEC Compliance: The Ohio Registration Rights Agreement ensures that the registration process complies with the rules and regulations set forth by the U.S. Securities and Exchange Commission (SEC) and the Ohio Securities Commission. This is crucial for maintaining transparency and trust in the market. 4. Indemnification: To protect the stockholders, the agreement includes provisions for VIA Net. Works, Inc. to indemnify the stockholders against any losses, liabilities, or damages that may arise from the registration process. This indemnification provision safeguards the stockholders' interests and provides them with financial protection. Types of Ohio Registration Rights Agreement: 1. Basic Registration Rights Agreement: This is the standard agreement that grants the stockholders the right to demand registration of their securities or piggyback on the company's registration efforts. It covers the essential elements of registration rights. 2. Enhanced Registration Rights Agreement: In certain cases, the stockholders may request additional provisions and protections in their registration rights agreement. This could include more extensive indemnification clauses, special requirements for notice or priority, or additional restrictions on the company's ability to delay or withdraw the registration. Overall, Ohio Registration Rights Agreement functions as a critical document that establishes the rights and obligations of both VIA Net. Works, Inc. and its stockholders in connection with the registration of securities. It offers clarity, fairness, and protection for the stockholders while also ensuring compliance with regulatory requirements in Ohio.