The Cook Illinois Registration Rights Agreement is a legally binding contract entered into between VIA Net. Works, Inc. and specific stockholders. This agreement outlines the rights and obligations of both parties regarding the registration of securities under the securities laws. Under this agreement, VIA Net. Works, Inc. grants the participating stockholders certain rights to request the registration of their securities with the appropriate regulatory authorities. These registration rights enable stockholders to sell their securities in the public market, offering liquidity and potential returns on their investment. The Cook Illinois Registration Rights Agreement includes various provisions to protect the interests of both parties. One of the main provisions is the demand registration right, which allows the participating stockholders to require VIA Net. Works, Inc. to file a registration statement with the relevant authorities. This provision ensures that stockholders have the opportunity to sell their securities when they desire, subject to certain conditions and limitations. Additionally, the agreement may include a piggyback registration right, which permits a stockholder to include their securities in a registration statement filed by VIA Net. Works, Inc. for other purposes, such as an initial public offering or a secondary offering. This provision benefits stockholders by providing them with an opportunity to piggyback on the company's registration efforts, avoiding the costs and administrative burdens associated with filing their own registration statement. Furthermore, the Cook Illinois Registration Rights Agreement might feature various procedural provisions, such as deadlines for registration requests, methods of delivery, and indemnification clauses. These provisions ensure that the registration process is carried out efficiently and that both parties are adequately protected throughout the process. Overall, the Cook Illinois Registration Rights Agreement serves as a crucial legal document that establishes the rights and responsibilities of VIA Net. Works, Inc. and its stockholders concerning the registration of securities. It promotes transparency and fairness within the capital market, allowing stockholders to have increased liquidity and potential returns on their investment.