Los Angeles California Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a legally-binding contract that outlines the registration rights and obligations of both parties related to the Trident Group, Inc. stock. This agreement ensures that Trident Stockholders have the right to request the registration of their shares for sale on the public market, subject to certain conditions and limitations. The agreement establishes various types of registration rights, including demand registration rights and piggyback registration rights. The demand registration rights allow Trident Stockholders to request the registration of their shares at any time, provided they meet specific criteria outlined in the agreement. This type of registration is typically initiated by a written request from the stockholders to Trident Group, Inc. Piggyback registration rights, on the other hand, allow Trident Stockholders to include their shares in registration statements filed by Trident Group, Inc. for its own offerings or for the benefit of other stockholders. This type of registration grants stockholders the opportunity to "piggyback" on the company's registration statement, allowing them to sell their shares alongside the company's own offering. The Los Angeles California Registration Rights Agreement also outlines the responsibilities and obligations of both parties. Trident Group, Inc. is required to use commercially reasonable efforts to facilitate the registration process and make necessary filings with the Securities and Exchange Commission (SEC). The agreement lays out the timeline for the registration process, including the preparation and filing of registration statements and prospectuses. Additionally, the agreement addresses the allocation of expenses associated with the registration, including legal fees, printing costs, and SEC filing fees. It specifies that Trident Group, Inc. will bear the expenses of registering its own shares, while Trident Stockholders will be responsible for their own expenses related to the registration. However, if the registration is withdrawn or abandoned, the agreement outlines the allocation of expenses in such cases. The Los Angeles California Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders protects the rights of stockholders to have their shares registered and sold on the public market. It provides a clear framework for the registration process, ensuring transparency and fairness for both parties involved.