Mecklenburg North Carolina Registration Rights Agreement is a legal document that outlines the rights and obligations between VIA Net. Works, Inc. and certain stockholders relating to the registration of their securities with the Securities and Exchange Commission (SEC) or other regulatory bodies. This agreement ensures that the stockholders have the opportunity to sell their securities in the public market if they choose to do so. Under this agreement, VIA Net. Works, Inc. grants the stockholders the right to request the registration of their securities on a registration statement filed by the company. The registration statement will be prepared and filed by VIA Net. Works, Inc. with the relevant regulatory authorities. The agreement also specifies the procedures and requirements for the registration process. The Mecklenburg North Carolina Registration Rights Agreement may include different types of registration rights based on the stockholders' needs and circumstances. Some common types include: 1. Demand Registration Rights: The stockholders have the right to request that VIA Net. Works, Inc. files a registration statement with the SEC to register their securities. This can typically be done on multiple occasions within a specified time period. 2. Piggyback Registration Rights: The stockholders have the right to include their securities in a registration statement filed by VIA Net. Works, Inc. This allows them to piggyback on the company's registration, enabling them to sell their securities alongside the company's offering. 3. Shelf Registration Rights: The stockholders have the right to have their securities included in a shelf registration statement. This allows them to sell their securities on an ongoing basis, rather than relying on specific registration events. 4. Form S-3 Registration Rights: The stockholders have the right to use a specific form, such as Form S-3, for the registration of their securities. This form is typically used by well-established companies that meet certain criteria set by the SEC. The Mecklenburg North Carolina Registration Rights Agreement aims to protect the rights and interests of the stockholders while providing VIA Net. Works, Inc. with regulatory compliance. It establishes a framework for communication and cooperation between the parties involved, ensuring transparency and a fair process for registering securities.