A Wayne Michigan Registration Rights Agreement is a legally binding document between Trident Group, Inc. (the "Company") and its stockholders (the "Stockholders") located in Wayne, Michigan. This agreement outlines the rights and responsibilities of the Company and Stockholders regarding the registration of the Company's securities. This Registration Rights Agreement grants the Stockholders the right to request that the Company register their securities under the Securities Act of 1933. It ensures that the Stockholders have the ability to sell or transfer their securities in a public market, facilitating liquidity and potentially maximizing their investment value. Under this agreement, the Stockholders can request registration of their securities on Form S-1 or any other applicable registration form. The Company agrees to use its best efforts to facilitate such registration and ensure compliance with all legal and regulatory requirements. The agreement outlines the specific procedures and timelines for requesting registration, including the submission of a written notice by the Stockholders to the Company. It also addresses payment responsibilities associated with the registration process, such as filing fees and legal expenses, which are typically borne by the Stockholders. Furthermore, the agreement may include provisions like "piggyback rights," which allow Stockholders to include their securities in Company-initiated registration statements, subject to certain conditions and limitations. Different types of Wayne Michigan Registration Rights Agreements between Trident Group, Inc. and Trident Stockholders may include variations in the duration of registration rights, the number and type of securities eligible for registration, and any additional terms negotiated between the parties. In summary, a Wayne Michigan Registration Rights Agreement serves to protect the interests of Trident Stockholders by ensuring their ability to register and sell their securities in compliance with applicable securities laws. It empowers the Stockholders to potentially realize the full value of their investments and provides a framework for cooperation between the Stockholders and the Company in the registration process.
Wayne Michigan Registration Rights Agreement between TriZetto Group, Inc. and TriZetto Stockholders
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