Utah Registration Rights Agreement is a legal document that outlines the rights and obligations of VIA Net. Works, Inc. (the "Company") and certain stockholders (the "Stockholders") regarding the registration of securities issued by the Company. This agreement grants the Stockholders the right to have their shares registered with the Utah Securities Division, ensuring transparency and compliance with securities regulations. The Agreement includes various provisions that aim to protect the rights and interests of both the Company and the Stockholders. It establishes the procedures and requirements for registering the Stockholders' securities with the Utah Securities Division, enabling them to freely trade their shares in compliance with applicable laws and regulations. Key provisions of the Utah Registration Rights Agreement may include: 1. Registration Process: The agreement outlines the process for registering the Stockholders' securities, including the required forms, filings, and fees. It also specifies the timeline for completing the registration process and any obligations of the Company related to the registration. 2. Shelf Registration: The Agreement may provide the Stockholders with the right to request a shelf registration, allowing them to sell their shares in multiple offerings over a specified period. This provision helps facilitate the liquidity of the Stockholders' securities. 3. Expenses: The Agreement may address the allocation of expenses associated with the registration process, such as legal and accounting fees. It clarifies whether the Company or the Stockholders are responsible for covering these costs. 4. Indemnification: The Agreement may include provisions for the indemnification of the Stockholders by the Company. This ensures that the Stockholders are protected against any liabilities or losses incurred during the registration process or as a result of any misstatements or omissions made by the Company. 5. Termination: The Agreement may specify the conditions under which the registration rights granted to the Stockholders can be terminated. This could include circumstances where the Stockholders no longer hold a certain percentage of the Company's outstanding shares or when the securities become freely tradable without registration under applicable securities laws. Overall, the Utah Registration Rights Agreement is an essential legal document that establishes the rights and obligations of the Company and the Stockholders regarding the registration of securities issued by the Company. It ensures compliance with Utah securities regulations, facilitates liquidity for the Stockholders, and protects their interests. Various types or variations of this agreement may exist, tailored to meet specific circumstances or preferences of the parties involved.