A Wake North Carolina Registration Rights Agreement is a legally binding document that outlines the rights and obligations between Trident Group, Inc. and Trident Stockholders regarding the registration of their securities with the Securities and Exchange Commission (SEC). This agreement grants certain rights to the stockholders in relation to the registration of their shares, ensuring they have access to public markets for liquidity and capital. The Wake North Carolina Registration Rights Agreement typically covers various aspects, including the registration process, disclosures, information sharing, and the responsibilities of both parties involved. It ensures that Trident Group, Inc. complies with applicable securities laws and regulations when registering the stockholders' securities. Some specific types of Wake North Carolina Registration Rights Agreements between Trident Group, Inc. and Trident Stockholders may include: 1. Demand Registration Rights Agreement: This type of agreement grants the stockholders the right to request that Trident Group, Inc. registers their securities with the SEC. The agreement outlines the procedures and requirements for making such demands, including the minimum number or percentage of shares needed for a valid request. 2. Piggyback Registration Rights Agreement: This agreement allows Trident Stockholders to include their securities in any registration statement filed by Trident Group, Inc. for the public offering of its securities. The stockholders' securities "piggyback" on the registration, providing them with an opportunity to participate in the offering on the same terms and conditions as the company. 3. Shelf Registration Rights Agreement: A shelf registration allows stockholders to have their securities registered in advance, even if there is no immediate plan for an offering. This agreement enables Trident Stockholders to maintain flexibility and be ready for potential future offerings, thereby avoiding delays and additional expenses associated with registering securities on an ad hoc basis. In conclusion, the Wake North Carolina Registration Rights Agreement between Trident Group, Inc. and Trident Stockholders is a critical legal agreement that governs the registration of securities. By understanding and addressing the rights and obligations outlined within this agreement, both parties can ensure compliance with regulatory requirements while facilitating liquidity and the potential for future capital raising activities.