Puerto Rico Registration Rights Agreement: A Puerto Rico Registration Rights Agreement is a legally binding contract between GEN International, Inc. (the issuer) and purchasers (investors) of shares related to the sale of securities. It outlines the specific rights and obligations of both parties regarding the registration of the securities with regulatory authorities in Puerto Rico. This agreement ensures transparency, efficiency, and compliance with applicable laws and regulations. Key elements of a Puerto Rico Registration Rights Agreement: 1. Registration of Securities: The agreement specifies the conditions under which the issuer is obligated to register the securities, ensuring purchasers can freely trade them in compliance with Puerto Rico securities laws. 2. Demand Registration Rights: These rights grant purchasers the ability to request the issuer to register their shares for public sale at any time, subject to certain limitations and conditions outlined in the agreement. 3. Piggyback Registration Rights: These rights allow purchasers to "piggyback" or join the issuer's registration statement, enabling them to include their shares in a public offering alongside the issuer's securities. 4. Shelf Registration Rights: This type of registration right allows the issuer to register securities for sale in the future, without requiring immediate public offering. It enables the issuer to have flexibility in timing the market and offering the shares. 5. S-3 Registration Rights: S-3 stands for "short-form registration statement" and refers to a specific type of SEC registration statement. S-3 registration rights provide additional flexibility to the issuer and allow for a streamlined registration process for certain classes of purchasers. 6. Lock-Up Agreements: While not directly related to registration rights, lock-up agreements may be included in the Puerto Rico Registration Rights Agreement. These agreements restrict the ability of purchasers to sell their shares for a certain period after a public offering, ensuring orderly market conditions. It's worth noting that the specific terms and conditions of a Puerto Rico Registration Rights Agreement may vary depending on the preferences and negotiation between GEN International, Inc. and the purchasers. Compliance with Puerto Rico securities laws and regulations, as well as federal securities laws, is crucial when drafting and executing such agreements.