Riverside California Registration Rights Agreement is a legal document that outlines the rights and obligations of parties involved in the purchase of convertible subordinated debentures in Riverside, California. This agreement ensures that the issuer of the debentures, typically a company, complies with specific registration requirements imposed by the Securities and Exchange Commission (SEC) and other relevant regulatory bodies. The Riverside California Registration Rights Agreement provides protection to investors who hold or plan to purchase convertible subordinated debentures. It grants them the right to demand the registration of their debentures or the resale of their debentures in the public market by the issuer, subject to certain conditions and limitations. The agreement typically covers important provisions such as: 1. Demand Registration: This refers to the right of the debenture holders to request the issuer to register their debentures with the SEC in order to sell them in the public market. 2. Piggyback Registration: This provision allows debenture holders to include their securities in a registration statement filed by the issuer when it intends to register other securities for public offering. By piggybacking on the issuer's registration, debenture holders can benefit from the same registration benefits. 3. Hold back Agreements: Sometimes, the agreement may include provisions that restrict certain debenture holders from selling their securities for a defined period or in specified quantities to protect the market from potential oversupply. 4. Blackout Period: This provision may restrict debenture holders from initiating or participating in any public offerings during a specific period where the issuer is planning a significant corporate event, such as a merger, acquisition, or major restructuring. 5. Indemnification: Typically, this section outlines the issuer's responsibility to indemnify and protect the debenture holders in case of any legal actions or claims arising from the registration process. It's important to note that variations of the Riverside California Registration Rights Agreement may exist, depending on the specific circumstances of the debenture offering, issuer requirements, and applicable regulations. These variations may include additional provisions or modified terms to meet the unique needs of the parties involved. In conclusion, the Riverside California Registration Rights Agreement is an essential legal document that protects the rights of debenture holders by ensuring compliance with registration requirements set forth by regulatory bodies. By understanding and implementing this agreement, issuers and investors can engage in debenture transactions with greater clarity and confidence.