A Riverside California Registration Rights Agreement is a legally binding contract between Turn stone Systems, Inc. and a purchaser that outlines the registration rights of the purchaser's securities. This agreement enables the purchaser to register their securities with the Securities and Exchange Commission (SEC) and sell them to the public in compliance with the relevant securities laws. The agreement grants the purchaser certain rights, including the right to request Turn stone Systems, Inc. to register their securities under the Securities Act of 1933. The registration process ensures that the purchaser's securities can be freely traded in the marketplace, providing liquidity and potential financial gains. The Riverside California Registration Rights Agreement between Turn stone Systems, Inc. and the purchaser typically outlines the following key provisions: 1. Demand Registration Rights: This type of registration right allows the purchaser to demand that Turn stone Systems, Inc. register their securities with the SEC. The purchaser can exercise this right when they wish to sell their securities in the public market. 2. Piggyback Registration Rights: Under this provision, if Turn stone Systems, Inc. decides to register any of their securities, the purchaser has the right to include their securities in the registration statement. This allows the purchaser to capitalize on the registration process initiated by Turn stone Systems, Inc. 3. Form S-3 Registration Rights: If Turn stone Systems, Inc. becomes eligible to file registration statements on Form S-3, the purchaser has the right to request registration on this form. Form S-3 is a simplified registration process usually available to well-established companies. 4. Shelf Registration Rights: This provision enables the purchaser to require Turn stone Systems, Inc. to include their securities on any shelf registration statements. Shelf registration allows the issuer to register a large amount of securities for sale over a certain period, providing flexibility in the timing of subsequent offerings. 5. Registration Expenses: The agreement may outline how the expenses related to the registration process will be allocated between Turn stone Systems, Inc. and the purchaser. This may include legal, accounting, and filing fees associated with the registration. It is important to note that the specifics of the Riverside California Registration Rights Agreement may vary depending on the negotiations between Turn stone Systems, Inc. and the purchaser. Each agreement may be tailored to meet their unique requirements and legal considerations. Overall, a Riverside California Registration Rights Agreement establishes the rights and obligations of both Turn stone Systems, Inc. and the purchaser regarding the registration and sale of securities, providing a framework for compliance with securities laws and facilitating public market trading.