Wake North Carolina Registration Rights Agreement is a legally binding document that outlines the rights and obligations of VIA Net. Works, Inc. and certain stockholders in relation to the registration of securities. This agreement ensures that the stockholders have the right to request the registration of their securities with the U.S. Securities and Exchange Commission (SEC), providing them with the opportunity to sell their shares in the public market. The Wake North Carolina Registration Rights Agreement includes various provisions to safeguard the interests of both parties involved. It establishes the procedures and requirements for stockholders to exercise their registration rights, such as notifying VIA Net. Works, Inc. in writing of their intention to register their securities. The agreement also specifies the timeline within which VIA Net. Works, Inc. must file the registration statement with the SEC after receiving such notice. Furthermore, the Wake North Carolina Registration Rights Agreement outlines the responsibilities of VIA Net. Works, Inc. in assisting stockholders with the registration process. This includes cooperating with the stockholders in preparing and filing the registration statement, responding to SEC comments or queries promptly, and using the best efforts to ensure the registration becomes effective. In addition to the general terms and conditions, there may be different types or variations of Wake North Carolina Registration Rights Agreements, depending on the specific circumstances or priorities of the parties involved. For example, there could be agreements that grant certain stockholders "piggyback" registration rights, allowing them to include their securities in registrations initiated by VIA Net. Works, Inc. for its own offerings. Alternatively, there might be agreements that provide for "demand" registration rights, allowing the stockholders to request the registration of their securities at any given time. In conclusion, the Wake North Carolina Registration Rights Agreement is a crucial document that ensures transparency and fairness when it comes to the registration of securities held by certain stockholders. It establishes the procedures, timelines, and obligations for both VIA Net. Works, Inc. and the stockholders, protecting their respective rights and interests in the registration process.