San Bernardino, California Registration Rights Agreement (ERA) is a legal document that governs the registration of convertible subordinated debentures purchased within the city. This agreement ensures transparency and facilitates the smooth process of registering debentures with the appropriate authorities. It outlines the rights and obligations of both the issuer and debenture holders, and establishes the procedures for registering and selling these securities. The San Bernardino ERA includes various clauses and provisions that are relevant for the purchase of convertible subordinated debentures. Some key components are: 1. Scope and Purpose: The agreement sets out the purpose of the registration rights, which is to allow debenture holders to have their securities registered for public sale, ensuring liquidity for their investments. 2. Registration Procedures: The ERA outlines the specific steps and procedures for registering the debentures, such as filing registration statements with the Securities and Exchange Commission (SEC) and other applicable regulatory bodies. 3. Demand Registration: This provision allows debenture holders to request the issuer to register their debentures for public sale, subject to certain conditions specified in the agreement. 4. Piggyback Registration: In the event the issuer intends to register any of its own securities for public sale, this provision allows debenture holders to "piggyback" and include their debentures in the same registration statement, giving them the opportunity to sell their debentures alongside the issuer's securities. 5. Expenses: The ERA addresses the allocation of expenses related to the registration process, such as legal fees, filing fees, accounting fees, and other costs incurred during the registration process. 6. Indemnification: This section outlines the indemnification rights and responsibilities of both parties involved in the registration process, protecting each party from potential liabilities or losses arising from the registration. While there may not be different types of San Bernardino California Registration Rights Agreements specifically tailored to the purchase of convertible subordinated debentures, variations in the terms and conditions can exist based on the specific circumstances, parties involved, and negotiation between the issuer and the debenture holders.