A Clark Nevada Registration Rights Agreement is a legally binding agreement between VIA Net. Works, Inc. and certain stockholders that outlines the rights and obligations regarding the registration of securities owned by the stockholders. This agreement is intended to protect the interests of both parties and ensure compliance with applicable laws and regulations. The Clark Nevada Registration Rights Agreement provides detailed provisions on how and when the stockholders can request the registration of their securities with the Securities and Exchange Commission (SEC). It also delineates the responsibilities of VIA Net. Works, Inc. in facilitating such registrations. There are typically two main types of Clark Nevada Registration Rights Agreements: 1. Demand Registration: This type of agreement allows the stockholders to request the registration of their securities at any time after a specified waiting period following an initial public offering (IPO) or a certain trigger event. The agreement sets forth the procedures and requirements for the stockholders to exercise this right. 2. Piggyback Registration: With a piggyback registration, the stockholders have the right to include their securities in a registration statement filed by VIA Net. Works, Inc. for its own securities that are being registered for public offering. The agreement specifies the terms and conditions under which the stockholders can avail this right, including any limitations on the number of shares or priority given to certain stockholders. Both types of agreements typically include provisions on indemnification, expenses, and other obligations of the parties. These provisions detail each party's responsibilities regarding filing fees, legal expenses, and any liability arising from the registration process. The Clark Nevada Registration Rights Agreement is a crucial document in facilitating the registration of securities owned by stockholders and ensuring compliance with securities laws. It provides a framework for cooperation and transparency between VIA Net. Works, Inc. and its stockholders, allowing for the orderly and efficient registration of securities for public offering or other purposes.