Nassau New York Registration Rights Agreement is a legal document that outlines the rights and obligations of GEN International, Inc. and purchasers when it comes to the sale of shares. This agreement aims to protect the interests of both parties involved and ensure compliance with securities laws and regulations. The agreement typically includes various provisions related to the registration of shares, which allows purchasers to sell their shares to the public in a legal and regulated manner. These provisions may include the following: 1. Piggyback Rights: This provision grants the purchasers the right to include their shares in any registration statement filed by GEN International, Inc. with the Securities and Exchange Commission (SEC). If GEN plans to register additional securities, the purchasers have the opportunity to include their shares in that registration. 2. Demand Rights: This provision allows the purchasers to request GEN International, Inc. to register their shares for sale on a "demand" basis. This request must comply with certain conditions specified in the agreement, such as minimum share thresholds or specific timing requirements. 3. Shelf Registration: In some cases, the agreement may include a provision for "shelf registration," which allows the purchasers to register their shares for sale at any time within a specified period. This enables them to take advantage of favorable market conditions or liquidity needs without having to wait for GEN's initiative. 4. Lock-Up Periods: This provision may require the purchasers to refrain from selling their shares for a certain period following an initial public offering (IPO) or another specified event. This lock-up period helps stabilize the stock price and avoid potential market manipulation. 5. Transfer Restrictions: The agreement may include restrictions on transferring the shares, such as preventing the purchasers from selling their shares to certain parties or entities. These restrictions ensure that the shares remain within qualified investors or comply with specific regulatory requirements. 6. Indemnification: To protect both parties, the agreement may include provisions related to indemnification. This means that GEN International, Inc. agrees to compensate the purchasers for any losses or damages incurred as a result of any misrepresentation or breach of warranties by GEN. It is important to note that the specific terms and provisions of the Nassau New York Registration Rights Agreement may differ depending on the negotiated terms between GEN International, Inc. and the purchasers. These variations can be categorized based on the rights and privileges granted to the purchasers, including piggyback rights, demand rights, or shelf registration.