The Wayne Michigan Registration Rights Agreement is a legally binding document that outlines the rights and obligations of Alexander and Alexander Services, Inc. (referred to as the "Company") and the purchasers of securities (referred to as the "Purchasers"). This agreement pertains to the registration of securities issued by the Company in compliance with all relevant laws and regulations. The primary purpose of the Wayne Michigan Registration Rights Agreement is to grant the Purchasers certain rights to register their securities with the appropriate regulatory authorities. This allows the Purchasers to offer, sell, or otherwise transfer their securities in a public or private manner, subject to legal restrictions and regulations. There may be different types or variations of the Wayne Michigan Registration Rights Agreement, each named accordingly. These could include: 1. Wayne Michigan Shelf Registration Rights Agreement: This type of agreement grants the Purchasers the right to request the Company to file a shelf registration statement with the appropriate regulatory authorities. A shelf registration statement enables the Purchasers to sell their securities periodically over an extended period, rather than in one single offering. 2. Wayne Michigan Demand Registration Rights Agreement: This type of agreement provides the Purchasers with the right to demand that the Company registers their securities for a public offering. The Purchasers can initiate a demand by submitting a request to the Company, which must then comply with the regulatory requirements for registering the securities. 3. Wayne Michigan Piggyback Registration Rights Agreement: In a piggyback registration rights agreement, the Purchasers are granted the right to include their securities in the Company's registration statement filed for an initial public offering (IPO) or other public offerings. If the Company decides to conduct such an offering, the Purchasers can "piggyback" on the registration statement and offer their securities for sale to the public at the same time. These variations of the Wayne Michigan Registration Rights Agreement serve to protect the interests of both the Company and the Purchasers. By providing the Purchasers with registration rights, the agreement ensures transparency, liquidity, and a fair market for the securities. Moreover, it establishes a clear procedure for the registration process, including timing, expenses, and other relevant factors related to the registration of securities in compliance with Wayne Michigan laws.