The Virginia Registration Rights Agreement is a legal document outlining specific rights and provisions between Chief Consolidated Mining Company and Dimpling, both parties involved in a business agreement. This agreement pertains to the registration of securities issued by Chief Consolidated Mining Company that Dimpling may acquire or hold. Under this agreement, Dimpling is granted specified registration rights, which provide them with the opportunity to have their acquired securities registered with relevant regulatory authorities in the state of Virginia. This registration ensures that these securities can be legally offered and sold to the public, offering Dimpling enhanced liquidity and investment opportunities. The Virginia Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is a crucial element in their business relationship, as it allows Dimpling the flexibility of registering, selling, or transferring their securities in accordance with applicable legal requirements. Depending on the specific terms negotiated by the parties, the agreement may include provisions such as: 1. Demand Registration Rights: This type of agreement allows Dimpling to request Chief Consolidated Mining Company to register their securities with regulatory authorities in Virginia. The agreement may specify the number of securities that Dimpling can request to be registered and any applicable time limits or conditions. 2. Piggyback Registration Rights: This provision grants Dimpling the right to include their securities in any registration initiated by Chief Consolidated Mining Company or any other existing securities' holder of Chief Consolidated Mining Company. It enables Dimpling to "ride along" with the registration process initiated by others, avoiding the need for separate registrations. 3. Shelf Registration Rights: In some cases, the Virginia Registration Rights Agreement may include provisions for shelf registration. This allows Dimpling to register their securities in advance, without having a specific offering or sale in mind. Shelf registration provides flexibility, as it enables Dimpling to efficiently respond to market conditions and take advantage of potential investment opportunities quickly. 4. Notice and Access Rights: This provision establishes a mechanism where Chief Consolidated Mining Company is required to provide notice to Dimpling regarding its intention to file a registration statement. Dimpling may then be given a specific period to respond to the offer and provide necessary information for the registration process. 5. Indemnification: The Registration Rights Agreement may also contain indemnification provisions, which protect Dimpling from legal liabilities or costs incurred as a result of any misrepresentation or omission made by Chief Consolidated Mining Company during the registration process. These examples illustrate key types of Virginia Registration Rights Agreements that could exist between Chief Consolidated Mining Company and Dimpling. It is crucial to note that the specific terms and provisions of these agreements may vary depending on the negotiation between the parties, the nature of the securities involved, and the applicable laws and regulations governing securities registration in Virginia.