Texas Registration Rights Agreement between TriZetto Group, Inc. and TriZetto Stockholders

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9155
• Format: Word; Rich Text

Description

Registration Rights Agreement between The Trizetto Group and the holders of Trizetto's common stock dated December 22, 1999. 18 pages A Texas Registration Rights Agreement is a legally binding contract between Trident Group, Inc. (hereinafter referred to as "the Company") and Trident Stockholders. This agreement outlines the rights and obligations of the stockholders regarding the registration of their securities with the Securities and Exchange Commission (SEC) under the applicable Texas securities laws. The purpose of this agreement is to ensure that the stockholders have the ability to freely sell or transfer their securities in compliance with the securities laws of Texas. It provides the stockholders with registration rights, which allow them to demand and participate in the registration of their securities for public offering or resale. The Texas Registration Rights Agreement typically contains the following key provisions: 1. Demand Registration Right: The agreement grants the stockholders the right to request that the Company registers their securities for public sale. The stockholders can make a written request to the Company, specifying the number of securities to be registered and the intended offering. 2. Piggyback Registration Rights: In the event the Company registers any of its securities for a public offering, the stockholders have the right to request the inclusion of their securities in such registration. This enables them to take advantage of the registration process initiated by the Company. 3. Form S-3 Eligibility: If the Company becomes eligible to use Form S-3 or any similar short-form registration statement, the stockholders shall have the right to include their securities in such registration, subject to certain conditions. 4. Expenses: The agreement typically specifies whether the Company or the stockholders will bear the costs associated with the registration process, such as filing fees, legal fees, and printing expenses. 5. Indemnification: The Company agrees to indemnify the stockholders against any losses, claims, damages, or liabilities arising out of any untrue statements or omissions of material facts in the registration statement, subject to certain limitations. It is important to note that this description is a general overview of a typical Texas Registration Rights Agreement. Different types or variations of such agreements may exist depending on the specific terms negotiated between the Company and the stockholders.

A Texas Registration Rights Agreement is a legally binding contract between Trident Group, Inc. (hereinafter referred to as "the Company") and Trident Stockholders. This agreement outlines the rights and obligations of the stockholders regarding the registration of their securities with the Securities and Exchange Commission (SEC) under the applicable Texas securities laws. The purpose of this agreement is to ensure that the stockholders have the ability to freely sell or transfer their securities in compliance with the securities laws of Texas. It provides the stockholders with registration rights, which allow them to demand and participate in the registration of their securities for public offering or resale. The Texas Registration Rights Agreement typically contains the following key provisions: 1. Demand Registration Right: The agreement grants the stockholders the right to request that the Company registers their securities for public sale. The stockholders can make a written request to the Company, specifying the number of securities to be registered and the intended offering. 2. Piggyback Registration Rights: In the event the Company registers any of its securities for a public offering, the stockholders have the right to request the inclusion of their securities in such registration. This enables them to take advantage of the registration process initiated by the Company. 3. Form S-3 Eligibility: If the Company becomes eligible to use Form S-3 or any similar short-form registration statement, the stockholders shall have the right to include their securities in such registration, subject to certain conditions. 4. Expenses: The agreement typically specifies whether the Company or the stockholders will bear the costs associated with the registration process, such as filing fees, legal fees, and printing expenses. 5. Indemnification: The Company agrees to indemnify the stockholders against any losses, claims, damages, or liabilities arising out of any untrue statements or omissions of material facts in the registration statement, subject to certain limitations. It is important to note that this description is a general overview of a typical Texas Registration Rights Agreement. Different types or variations of such agreements may exist depending on the specific terms negotiated between the Company and the stockholders.