West Virginia Registration Rights Agreement is a legal contract between VIA Net. Works, Inc. (the "Company") and certain stockholders. This agreement grants specific rights and privileges to the stockholders in relation to the registration of their shares of common stock with the West Virginia Secretary of State's Office. The primary purpose of this West Virginia Registration Rights Agreement is to establish guidelines and procedures for the registration of stockholders' shares in compliance with applicable securities laws and regulations. It ensures that stockholders have the opportunity to sell or transfer their shares in an orderly and efficient manner. The agreement outlines the various types of registration rights that may be granted to stockholders, including demand registration rights and piggyback registration rights. Demand registration rights allow stockholders to request that the Company registers their shares with the Secretary of State. Piggyback registration rights enable stockholders to include their shares in a registration statement filed by the Company. Additionally, the West Virginia Registration Rights Agreement may include provisions regarding the expenses associated with the registration process, the indemnification of the stockholders by the Company, and limitations on the number of shares that can be registered. By having a West Virginia Registration Rights Agreement in place, both the Company and the stockholders can benefit. The Company can demonstrate its commitment to transparency and compliance with regulations, thus enhancing its reputation among investors. Stockholders, on the other hand, gain the assurance that their shares can be registered and sold in a regulated market. In conclusion, the West Virginia Registration Rights Agreement is a vital legal contract that governs the registration of stockholders' shares in VIA Net. Works, Inc. It provides stockholders with specific rights and ensures compliance with West Virginia securities laws. By understanding and utilizing the different types of registration rights available, both parties can benefit from a fair and orderly market for the trading of shares.