A Montgomery Maryland Registration Rights Agreement is a legal document that outlines the rights and obligations of Turn stone Systems, Inc. and its purchasers regarding the registration of securities. This agreement is designed to protect both parties and ensure compliance with the applicable regulations and laws. The Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser grants the purchaser certain rights, which may include the right to request the registration of their securities with the Securities and Exchange Commission (SEC). The agreement typically details the specific terms and conditions under which the registration may be requested and the obligations of both parties in relation to the registration process. There may be different types of Montgomery Maryland Registration Rights Agreements between Turn stone Systems, Inc. and its purchasers, depending on various factors such as the nature of the securities being registered or the specific requirements of the purchasers. Some common types of Registration Rights Agreements include: 1. Demand Registration Rights: This type of agreement allows the purchaser to request that Turn stone Systems, Inc. registers their securities with the SEC. The agreement specifies the conditions and procedures for making such a demand. 2. Piggyback Registration Rights: Under this type of agreement, the purchaser has the right to include their securities in any registration statement filed by Turn stone Systems, Inc. for other securities. This enables the purchaser to "piggyback" on the registration process and benefit from the same opportunity to sell their securities. 3. S-3 Registration Rights: This type of agreement pertains specifically to the registration of securities on Form S-3, a streamlined registration form for certain eligible issuers. The agreement outlines the conditions under which the purchaser may request registration on Form S-3 and the obligations of Turn stone Systems, Inc. in facilitating the process. 4. Shelf Registration Rights: This agreement grants the purchaser the right to have their securities included in a shelf registration statement filed by Turn stone Systems, Inc., which allows for the continuous offering and sale of registered securities over an extended period of time. In conclusion, a Montgomery Maryland Registration Rights Agreement between Turn stone Systems, Inc. and its purchaser is a crucial legal document that safeguards the rights and responsibilities of both parties regarding the registration of securities. The specific terms and types of agreements may vary depending on the circumstances and preferences of the parties involved.