Harris Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimeling

• Category: Corporations - Public - Registration
• State: Multi-State
• County: Harris
• Control #: US-EG-9169
• Format: Word; Rich Text

Description

Registration Rights Agreement between Chief Consolidated Mining Company and Dimeling, Schreiber and Park dated November 19, 1999. 20 pages Title: Overview of Harris Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling Introduction: The Harris Texas Registration Rights Agreement is a legally binding contract that outlines the rights and obligations between Chief Consolidated Mining Company and Dimpling. This agreement ensures that Dimpling, being a shareholder, is granted the right to request the registration of its shares under certain circumstances. It lays down the terms and conditions associated with the registration process to protect both parties' interests. Key Keywords: Harris Texas, Registration Rights Agreement, Chief Consolidated Mining Company, Dimpling 1. Scope and Purpose: The Harris Texas Registration Rights Agreement establishes the framework for registration privileges granted by Chief Consolidated Mining Company to Dimpling. It governs the process by which Dimpling can request the registration of its shares and sets out the conditions under which such registrations may occur. 2. Types of Harris Texas Registration Rights Agreements: a) Demand Registration Rights: This type of agreement enables Dimpling to request Chief Consolidated Mining Company to register its shares for sale to the public on demand, subject to certain requirements and limitations. b) Piggyback Registration Rights: This agreement allows Dimpling the opportunity to include its shares alongside Chief Consolidated Mining Company's shares when the latter initiates a public securities offering, subject to compliance with specific conditions. c) Shelf Registration Rights: Under this provision, Dimpling may have the right to make multiple offerings of its shares over a specific period, without needing Chief Consolidated Mining Company to initiate each registration individually. 3. Registration Process: a) Filing Requirements: The agreement establishes the criteria and paperwork necessary for Dimpling to initiate the registration process, including the delivery of specific materials to Chief Consolidated Mining Company. b) Expenses: It outlines how the costs associated with registration, such as filing fees, legal expenses, and accounting fees, will be allocated between the parties. c) Limitations: The agreement may highlight any restrictions or limitations on the number of shares Dimpling can include in each registration and the timeframes within which such registrations must occur. 4. Obligations and Restrictions: a) Cooperation and Information: Chief Consolidated Mining Company agrees to provide necessary information and reasonably cooperate with Dimpling during the registration process, ensuring compliance with applicable laws and regulations. b) Market Standoff: The agreement may enforce a market standoff period, restricting certain shareholders, including Dimpling, from selling additional shares for a specified duration after the registration statement becomes effective. c) Indemnification: It outlines the terms of indemnification, defining the responsibilities of Chief Consolidated Mining Company to indemnify Dimpling against any losses, liabilities, or claims resulting from the registration process. Conclusion: The Harris Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is a comprehensive legal document that outlines the rights and responsibilities associated with the registration of Dimpling's shares. By grasping the relevant keywords and understanding its various types, registration process, obligations, and restrictions, both parties can ensure adherence to the agreement while protecting their respective interests.

Title: Overview of Harris Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling Introduction: The Harris Texas Registration Rights Agreement is a legally binding contract that outlines the rights and obligations between Chief Consolidated Mining Company and Dimpling. This agreement ensures that Dimpling, being a shareholder, is granted the right to request the registration of its shares under certain circumstances. It lays down the terms and conditions associated with the registration process to protect both parties' interests. Key Keywords: Harris Texas, Registration Rights Agreement, Chief Consolidated Mining Company, Dimpling 1. Scope and Purpose: The Harris Texas Registration Rights Agreement establishes the framework for registration privileges granted by Chief Consolidated Mining Company to Dimpling. It governs the process by which Dimpling can request the registration of its shares and sets out the conditions under which such registrations may occur. 2. Types of Harris Texas Registration Rights Agreements: a) Demand Registration Rights: This type of agreement enables Dimpling to request Chief Consolidated Mining Company to register its shares for sale to the public on demand, subject to certain requirements and limitations. b) Piggyback Registration Rights: This agreement allows Dimpling the opportunity to include its shares alongside Chief Consolidated Mining Company's shares when the latter initiates a public securities offering, subject to compliance with specific conditions. c) Shelf Registration Rights: Under this provision, Dimpling may have the right to make multiple offerings of its shares over a specific period, without needing Chief Consolidated Mining Company to initiate each registration individually. 3. Registration Process: a) Filing Requirements: The agreement establishes the criteria and paperwork necessary for Dimpling to initiate the registration process, including the delivery of specific materials to Chief Consolidated Mining Company. b) Expenses: It outlines how the costs associated with registration, such as filing fees, legal expenses, and accounting fees, will be allocated between the parties. c) Limitations: The agreement may highlight any restrictions or limitations on the number of shares Dimpling can include in each registration and the timeframes within which such registrations must occur. 4. Obligations and Restrictions: a) Cooperation and Information: Chief Consolidated Mining Company agrees to provide necessary information and reasonably cooperate with Dimpling during the registration process, ensuring compliance with applicable laws and regulations. b) Market Standoff: The agreement may enforce a market standoff period, restricting certain shareholders, including Dimpling, from selling additional shares for a specified duration after the registration statement becomes effective. c) Indemnification: It outlines the terms of indemnification, defining the responsibilities of Chief Consolidated Mining Company to indemnify Dimpling against any losses, liabilities, or claims resulting from the registration process. Conclusion: The Harris Texas Registration Rights Agreement between Chief Consolidated Mining Company and Dimpling is a comprehensive legal document that outlines the rights and responsibilities associated with the registration of Dimpling's shares. By grasping the relevant keywords and understanding its various types, registration process, obligations, and restrictions, both parties can ensure adherence to the agreement while protecting their respective interests.