Orange, California Registration Rights Agreement is a legal contract between Trident Group, Inc. and Trident Stockholders, outlining the registration rights granted to the stockholders in relation to their Trident Group, Inc. shares. This agreement enables the stockholders to register their shares under the Securities Act of 1933, allowing them to sell or transfer their shares to the public. The purpose of the Orange, California Registration Rights Agreement is to establish guidelines and procedures for the registration process, ensuring transparency and compliance with applicable laws and regulations. The agreement ensures that the stockholders have the right to request Trident Group, Inc. to register their shares with the Securities and Exchange Commission (SEC), making them eligible for public trading. Under the Orange, California Registration Rights Agreement, there are two main types of registration rights: 1. Demand Registration Rights: Trident Stockholders can exercise their demand registration rights by submitting a written request to Trident Group, Inc., specifying the number of shares they wish to register. Trident Group, Inc. is obligated to file the necessary registration statements with the SEC and undertake reasonable efforts to ensure the registration process is completed promptly. 2. Piggyback Registration Rights: In the event Trident Group, Inc. decides to register any of its securities for public offering, the Trident Stockholders have the right to "piggyback" on that registration. This allows stockholders to include their shares in the registration statement filed by Trident Group, Inc., providing them with an opportunity to sell or transfer their shares concurrently with the company's offering. Within the Orange, California Registration Rights Agreement, additional provisions may be included to address specific scenarios or requirements. These provisions may cover matters such as underwriting arrangements, indemnification, and under what circumstances the registration rights may be assigned or transferred. It is important for both Trident Group, Inc. and the Trident Stockholders to carefully review and understand the terms and conditions outlined in the Orange, California Registration Rights Agreement. This agreement ensures that the stockholders' interests are protected while facilitating efficient registration processes for Trident Group, Inc.'s securities.