Collin Texas Registration Rights Agreement is a legal document that delineates the rights and obligations of VIA Net. Works, Inc. (referred to as the "Company") and its stockholders. This agreement grants specific rights to the stockholders concerning the registration of their shares with the Securities and Exchange Commission (SEC). Under this agreement, VIA Net. Works, Inc. agrees to register the securities held by the stockholders with the SEC, allowing them to be sold in the public market. The registration process ensures compliance with applicable securities laws and regulations. The Collin Texas Registration Rights Agreement defines various types of registration rights, including: 1. Demand Registration Rights: Certain stockholders may request the Company to register their shares for public sale. The agreement stipulates the conditions and procedures for exercising these rights, such as minimum shares to be registered, time limitations, and specific notice requirements. 2. Piggyback Registration Rights: Stockholders have the right to include their shares in the Company's registration statement if the Company decides to proceed with a registered offering. This provision enables stockholders to have their shares publicly sold alongside the Company's shares. 3. Registration Expenses: The agreement outlines the allocation of expenses related to the registration process. Typically, the Company bears the costs of the registration, including legal fees, SEC filing fees, and printing expenses. However, the agreement may also include provisions for stockholders to contribute to these expenses under certain circumstances. 4. "Market Standoff" Agreement: Some Collin Texas Registration Rights Agreements may also contain a "market standoff" provision. This provision restricts stockholders from selling their shares during a specified period following an initial public offering (IPO). These restrictions help stabilize the stock price and maintain investor confidence. It is important to note that the specific terms and provisions of Collin Texas Registration Rights Agreement may be tailored to the unique circumstances and preferences of VIA Net. Works, Inc. and its stockholders. Therefore, the actual content and terms may vary. Consulting a qualified legal professional is advised for a comprehensive understanding of the agreement.