The San Jose California Registration Rights Agreement between Turn stone Systems, Inc. and a purchaser is a legally binding document that governs the rights and obligations related to the registration of securities issued by Turn stone Systems, Inc. in San Jose, California. This agreement ensures that the purchaser has the ability to register and sell their securities in compliance with applicable securities laws and regulations. Keywords: San Jose California, Registration Rights Agreement, Turn stone Systems, Inc., purchaser, securities, compliance, securities laws, regulations. There are typically two types of San Jose California Registration Rights Agreements that can be established between Turn stone Systems, Inc. and a purchaser: 1. "Demand Registration Rights Agreement": This type of agreement grants the purchaser the right to "demand" that Turn stone Systems, Inc. registers their securities with the relevant regulatory authorities. The purchaser may exercise this right by submitting a written request, specifying the number of securities to be registered and the desired offering price. 2. "Piggyback Registration Rights Agreement": This agreement allows the purchaser to "piggyback" on any registration statements filed by Turn stone Systems, Inc. for its own securities. This means that if Turn stone Systems, Inc. intends to register its securities for public sale, the purchaser has the right to include their securities in that registration statement, thereby taking advantage of the same regulatory process and offering. Both types of San Jose California Registration Rights Agreements are designed to provide the purchaser with flexibility and protection, ensuring their ability to sell their securities in the future under favorable conditions and in compliance with applicable laws. Note: The specific terms and provisions in the Registration Rights Agreement may vary depending on the negotiations between Turn stone Systems, Inc. and the purchaser, as well as the requirements of securities laws and regulations in San Jose, California. It is important to consult legal professionals to ensure that the agreement accurately reflects the rights and obligations of both parties.