Travis Texas Registration Rights Agreement between Alexander and Alexander Services, Inc. and Purchasers is a legally binding contract that grants certain rights to the purchasers in regard to the registration of their securities. This agreement ensures that the purchasers have the ability to register their securities with the Securities and Exchange Commission (SEC), allowing for public sale and transfer. Under the Travis Texas Registration Rights Agreement, Alexander and Alexander Services, Inc. agrees to facilitate the registration process and comply with all applicable laws and regulations. This enables the purchasers to effectively market and sell their securities, thereby maximizing their investment potential. There are different types of Travis Texas Registration Rights Agreements that can be established between Alexander and Alexander Services, Inc. and Purchasers, depending on the specific requirements and preferences of the parties involved. These may include: 1. Piggyback Registration Rights: This type of agreement grants the purchasers the right to include their securities in a registration statement filed by Alexander and Alexander Services, Inc. This allows the purchasers to benefit from any future public offerings initiated by the company. 2. Demand Registration Rights: With this agreement, the purchasers hold the right to request Alexander and Alexander Services, Inc. to file a registration statement with the SEC for their securities. The company is then obligated to undertake the necessary actions to facilitate the registration process within a specified period. 3. Shelf Registration Rights: This type of registration agreement provides the purchasers with the ability to have their securities registered on a "shelf" that can be accessed and offered to the public at any time within a predetermined timeframe. Shelf registration offers flexibility and convenience for the purchasers to sell their securities as market conditions permit. 4. S-3 Registration Rights: This agreement allows the purchasers to exercise their registration rights under SEC Form S-3, which is a simplified registration statement used by well-established issuers for public offerings. S-3 registration offers a streamlined process for the purchasers to swiftly access capital markets when desirable market conditions arise. In summary, the Travis Texas Registration Rights Agreement between Alexander and Alexander Services, Inc. and Purchasers is a crucial agreement that ensures the protection and flexibility of the purchasers' securities by granting them specific rights in registering their securities. By choosing the appropriate type of agreement based on their requirements, the purchasers can significantly enhance their investment opportunities and liquidity.