Lima Arizona Registration Rights Agreement is a legal document that establishes the rights and obligations between VIA Net. Works, Inc. and specific stockholders related to the registration of securities. This agreement is crucial for ensuring transparency and fairness in the process of issuing and selling securities. In the Lima Arizona Registration Rights Agreement, VIA Net. Works, Inc. grants certain stockholders the right to demand the registration of their securities with the Securities and Exchange Commission (SEC). This registration allows the stockholders to freely sell or transfer their securities in compliance with applicable securities laws. There are several types of registration rights agreements that may be included in the Lima Arizona Registration Rights Agreement. Some of these may include: 1. Demand Registration Rights: Under this provision, stockholders have the right to request VIA Net. Works, Inc. to register their securities for public sale at any time. The company is obliged to comply with this demand within a certain period and cover the registration expenses. 2. Piggyback Registration Rights: This clause allows stockholders to include their securities in registration statements filed by VIA Net. Works, Inc. for their own securities. By piggybacking on the company's registration, stockholders can take advantage of the cost-efficient process and avoid filing separate registrations. 3. Shelf Registration Rights: This agreement may also grant stockholders the right to have their securities registered on a shelf registration statement. This enables them to sell their securities periodically, choosing the timing that best suits their financial needs. 4. Form S-3 Registration Rights: In some cases, the Lima Arizona Registration Rights Agreement may specify that stockholders are entitled to utilize Form S-3 for registering their securities. This form streamlines the registration process for companies meeting specific eligibility criteria. Overall, the Lima Arizona Registration Rights Agreement serves as a valuable tool for both VIA Net. Works, Inc. and its stockholders. It ensures that stockholders have the opportunity to sell their securities, while the company benefits from a transparent and well-regulated process, enhancing investor confidence and marketability.