A West Virginia Registration Rights Agreement is a legally binding document between Alexander and Alexander Services, Inc. and Purchasers, in which the rights and obligations regarding the registration of securities are outlined. This agreement grants certain rights to the Purchasers to register the securities purchased from Alexander and Alexander Services, Inc. with the appropriate regulatory authorities. The purpose of this agreement is to ensure compliance with state and federal securities laws, and to provide the Purchasers with the opportunity to sell or transfer their securities in a transparent and regulated manner. It is applicable to various types of securities, including stocks, bonds, and other investment instruments. The West Virginia Registration Rights Agreement between Alexander and Alexander Services, Inc. and Purchasers may include the following key provisions: 1. Registration Process: The agreement outlines the registration process, including the required filings, timelines, and responsibilities of each party involved. It specifies the necessary documents and disclosures required to register the securities. 2. Registration Expenses: The agreement may define the allocation of expenses related to the registration process. This can include legal fees, filing fees, and other administrative costs, which can be borne by either Alexander and Alexander Services, Inc. or the Purchasers. 3. Piggyback Registration: The agreement may grant the Purchasers the right to include their securities in any registration statement filed by Alexander and Alexander Services, Inc. for its own securities. This provision allows the Purchasers to effectively "piggyback" on the company's registration efforts. 4. Demand Registration: This provision allows the Purchasers to request the company to register their securities on their behalf. The agreement typically sets out the conditions under which such a demand can be made, including minimum thresholds and time limitations. 5. Lock-Up Agreements: In certain cases, the agreement may include lock-up provisions that prohibit the Purchasers from selling or transferring their securities for a specified period after the registration becomes effective. This can be in the best interest of both parties to ensure market stability and minimize potential disruptions. Other types of West Virginia Registration Rights Agreements may exist between Alexander and Alexander Services, Inc. and Purchasers, depending on the specific circumstances or requirements of the transaction. It's important to consult legal experts to tailor the agreement to the unique needs of the parties involved.