Phoenix Arizona Registration Rights Agreement between TriZetto Group, Inc. and TriZetto Stockholders

• Category: Corporations - Public - Rights
• State: Multi-State
• City: Phoenix
• Control #: US-EG-9155
• Format: Word; Rich Text

Description

Registration Rights Agreement between The Trizetto Group and the holders of Trizetto's common stock dated December 22, 1999. 18 pages A Phoenix Arizona Registration Rights Agreement is a legally binding contract between Trident Group, Inc. (the "Company") and its stockholders (the "Stockholders") that outlines the rights and responsibilities concerning registrations of the Company's stock under the securities laws. This agreement is designed to ensure transparency and facilitate the registration process of the stockholders' shares. It grants certain rights to the Stockholders, enabling them to have their shares registered for public sale, transfers, or potential initial public offerings (IPOs). The registration process is overseen by the Securities and Exchange Commission (SEC) to maintain compliance with regulatory requirements. The Trident Group, Inc. Registration Rights Agreement typically includes key provisions such as: 1. Demand Registration Rights: Stockholders have the right to request the Company to register their shares for sale to the public. This provision allows the Stockholders to control the timing and specifics of the registration process. 2. Piggyback Registration Rights: Stockholders have the right to include their shares in any registration statement filed by the Company. This provision ensures that Stockholders have the opportunity to piggyback on any public offering, increasing their chances of selling their shares in the market. 3. Form S-3 Registration Rights: Stockholders may request the use of Form S-3, a streamlined registration process, if they meet certain criteria specified in the agreement. This provision aims to expedite the registration process and minimize costs. 4. Expenses: The agreement typically outlines the allocation of expenses related to the registration process. It defines the responsibilities of the Company and the Stockholders regarding legal, accounting, and other fees incurred during the registration process. 5. Lock-Up Period: In some cases, the agreement may include a lock-up provision, restricting Stockholders from selling their registered shares for a specific period after the public offering, to maintain market stability. It is important to note that there may be different types or variations of the Phoenix Arizona Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders. These variations could include modifications to the aforementioned provisions or additional clauses tailored to specific circumstances or events. The key benefits of a Registration Rights Agreement for Stockholders include the ability to freely trade their shares, access to a wider market base, and increased liquidity. For the Company, it provides a more efficient and cost-effective means of satisfying its obligations to the Stockholders while navigating the complexities of the securities laws and regulations. In summary, a Phoenix Arizona Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders establishes the rights and procedures for registering stock shares. It offers Stockholders the opportunity to sell their shares in public offerings or transfer them more easily, while providing the Company with a structured framework to fulfill its obligations and maintain compliance with securities laws.

A Phoenix Arizona Registration Rights Agreement is a legally binding contract between Trident Group, Inc. (the "Company") and its stockholders (the "Stockholders") that outlines the rights and responsibilities concerning registrations of the Company's stock under the securities laws. This agreement is designed to ensure transparency and facilitate the registration process of the stockholders' shares. It grants certain rights to the Stockholders, enabling them to have their shares registered for public sale, transfers, or potential initial public offerings (IPOs). The registration process is overseen by the Securities and Exchange Commission (SEC) to maintain compliance with regulatory requirements. The Trident Group, Inc. Registration Rights Agreement typically includes key provisions such as: 1. Demand Registration Rights: Stockholders have the right to request the Company to register their shares for sale to the public. This provision allows the Stockholders to control the timing and specifics of the registration process. 2. Piggyback Registration Rights: Stockholders have the right to include their shares in any registration statement filed by the Company. This provision ensures that Stockholders have the opportunity to piggyback on any public offering, increasing their chances of selling their shares in the market. 3. Form S-3 Registration Rights: Stockholders may request the use of Form S-3, a streamlined registration process, if they meet certain criteria specified in the agreement. This provision aims to expedite the registration process and minimize costs. 4. Expenses: The agreement typically outlines the allocation of expenses related to the registration process. It defines the responsibilities of the Company and the Stockholders regarding legal, accounting, and other fees incurred during the registration process. 5. Lock-Up Period: In some cases, the agreement may include a lock-up provision, restricting Stockholders from selling their registered shares for a specific period after the public offering, to maintain market stability. It is important to note that there may be different types or variations of the Phoenix Arizona Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders. These variations could include modifications to the aforementioned provisions or additional clauses tailored to specific circumstances or events. The key benefits of a Registration Rights Agreement for Stockholders include the ability to freely trade their shares, access to a wider market base, and increased liquidity. For the Company, it provides a more efficient and cost-effective means of satisfying its obligations to the Stockholders while navigating the complexities of the securities laws and regulations. In summary, a Phoenix Arizona Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders establishes the rights and procedures for registering stock shares. It offers Stockholders the opportunity to sell their shares in public offerings or transfer them more easily, while providing the Company with a structured framework to fulfill its obligations and maintain compliance with securities laws.