The San Jose California Registration Rights Agreement between Alexander and Alexander Services, Inc. and Purchasers is a legally binding contract that outlines the rights and obligations of both parties regarding the registration of securities. This agreement is specifically tailored to San Jose, California, and carries significant importance for individuals and businesses looking to engage in securities transactions in the region. Under this agreement, Alexander and Alexander Services, Inc. (hereafter referred to as "the Company") grants certain registration rights to the Purchasers (hereafter referred to as "the Investors") who have acquired securities issued by the Company. These rights ensure that the Investors can have their securities registered with the appropriate regulatory authorities, namely the Securities and Exchange Commission (SEC), in compliance with applicable laws and regulations. This Registration Rights Agreement serves to protect the interests of both parties involved. It specifies the conditions, procedures, and timelines for the registration process, ensuring transparency and accountability throughout. The agreement may include various types of registration rights, such as "Demand Registration Rights" and "Piggyback Registration Rights." 1. Demand Registration Rights: These rights grant the Investors the ability to request that the Company register their securities on their behalf. The Investors can initiate this process, known as a "demand," based on predetermined criteria outlined within the agreement. Demand registration often plays a crucial role when Investors wish to sell their securities or liquify their investments within a specific timeframe. 2. Piggyback Registration Rights: Piggyback or "shelf" registration rights afford the Investors the opportunity to include their securities in any registration statement filed by the Company with the SEC. This right allows the Investors to piggyback on the Company's registration process, enabling them to register their securities simultaneously, or shortly after, the Company registers its own securities. This type of registration is most commonly utilized to expedite the registration process while minimizing costs. Additional types of registration rights may be included, such as "Form S-3 Registration Rights" or "Form S-1 Registration Rights," depending on the specific needs and circumstances of the parties involved. The San Jose California Registration Rights Agreement between Alexander and Alexander Services, Inc. and Purchasers ensures a fair and orderly registration process, affording the Investors the necessary protections and avenues to effectively manage their securities. By understanding the rights and obligations outlined comprehensively within this agreement, both parties can navigate the complexities of the securities market while adhering to the related legal requirements and regulations.