Franklin Ohio Registration Rights Agreement The Franklin Ohio Registration Rights Agreement refers to a legally binding document that outlines the rights and obligations of Chief Consolidated Mining Company and Dimpling regarding the registration of securities under the federal securities laws. This agreement establishes the framework for the registration process and aims to protect the interests of both parties involved. Under the Franklin Ohio Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling, Chief Consolidated Mining Company grants Dimpling certain registration rights to ensure the availability of an efficient market for their securities. These rights typically arise when Dimpling holds restricted securities, which are securities that have certain limitations on their transferability. There are several types of Franklin Ohio Registration Rights Agreements that may be entered into between Chief Consolidated Mining Company and Dimpling, including: 1. Piggyback Registration Rights: This arrangement allows Dimpling to include their securities in any registration statements that Chief Consolidated Mining Company files with the Securities and Exchange Commission (SEC) for the sale of its own securities. By piggybacking on Chief Consolidated Mining Company's registration, Dimpling can benefit from the resources and costs associated with the preparation and filing of the registration statement. 2. Demand Registration Rights: This type of agreement enables Dimpling to request Chief Consolidated Mining Company to register its securities on demand. Dimpling may exercise this right when it desires to sell its securities and believes that a registered offering would be more beneficial, providing liquidity and potentially enhancing the marketability of its securities. 3. Shelf Registration Rights: Under this provision, Chief Consolidated Mining Company agrees to maintain a shelf registration statement that covers the securities held by Dimpling. This allows Dimpling to sell its securities in a more efficient manner, as they can be offered from time to time without the need for an additional registration process. The Franklin Ohio Registration Rights Agreement usually details the specific conditions, limitations, and procedures for the exercise of these registration rights. This may include provisions regarding notice periods, indemnification, filing fees, and other important considerations. It is crucial for both Chief Consolidated Mining Company and Dimpling to carefully negotiate and draft their Franklin Ohio Registration Rights Agreement to ensure their respective interests are protected. Engaging legal counsel experienced in securities law is highly recommended facilitating the creation of a comprehensive and effective agreement. In summary, the Franklin Ohio Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling grants certain registration rights to facilitate the sale and transfer of Dimpling's securities while ensuring compliance with applicable securities laws. Piggyback, demand, and shelf registration rights are some common types of agreements that may be established between the parties.