Document:

Registration Rights Agreement

 Exhibit 4.3 
  

  
 REGISTRATION RIGHTS AGREEMENT 
  
 Dated as of June 4, 2004

  
 By and Among 
  
 CONSOLIDATED CONTAINER COMPANY LLC, 
 CONSOLIDATED CONTAINER CAPITAL, INC., 
  
 the GUARANTORS 
 named herein 
  
 and 
  
 VESTAR CCH INVESTORS LLC 
  
 10 1/8% Senior
Subordinated Notes due 2009 
  

 TABLE OF CONTENTS 
  

					
	 	 	 	  	Page

	1.	 	Definitions	  	1
			
	2.	 	Exchange Offer	  	4
			
	3.	 	Shelf Registration	  	8
			
	4.	 	Liquidated Damages	  	9
			
	5.	 	Registration Procedures	  	11
			
	6.	 	Registration Expenses	  	18
			
	7.	 	Indemnification	  	19
			
	8.	 	Rules 144 and 144A	  	23
			
	9.	 	Underwritten Registrations	  	23
			
	10.	 	Miscellaneous	  	24
			
	 	 	 (a)       No Inconsistent Agreements
	  	24
	 	 	 (b)      Adjustments Affecting Registrable Securities
	  	24
	 	 	 (c)       Amendments and Waivers
	  	24
	 	 	 (d)      Notices
	  	24
	 	 	 (e)       Successors and Assigns
	  	25
	 	 	 (f)       Counterparts
	  	25
	 	 	 (g)      Headings
	  	25
	 	 	 (h)      Governing Law
	  	26
	 	 	 (i)       Severability
	  	26
	 	 	 (j)       Notes Held by the Issuers or their Affiliates
	  	26
	 	 	 (k)      Third Party Beneficiaries
	  	26

  

 -i- 

 REGISTRATION RIGHTS AGREEMENT 
  
 This Registration Rights Agreement (the “Agreement”) is dated as of June 4, 2004, by and among CONSOLIDATED
CONTAINER COMPANY LLC, a Delaware limited liability company (“Company”), CONSOLIDATED CONTAINER CAPITAL, INC., a Delaware corporation (“Capital,” and together with the Company, the “Issuers”), the
subsidiaries of the Company that are listed on the signature pages hereto (collectively, and together with any subsidiary that in the future executes a supplemental indenture pursuant to which such subsidiary agrees to guarantee the Notes (as
hereinafter defined), the “Guarantors”), and VESTAR CCH INVESTORS LLC (the “Initial Holder”). 
  
 This Agreement is entered into in connection with the proposed sale by the Initial Holder of up to $10,075,000 aggregate principal amount of the
Issuers’ 10 1/8% Senior Subordinated Notes due 2009 (the “Notes”), guaranteed by the
Guarantors (the “Guarantees”). The Notes sold by the Initial Holder and the Guarantees thereof are collectively referred to herein as the “Securities.” The Issuers and the Guarantors have agreed, among other things,
to provide the registration rights set forth in this Agreement for the benefit of the holders of the Registrable Securities (as defined below). 
  
 The parties hereby agree as follows: 
  

	1.	Definitions 

  
 As used in this Agreement, the following terms shall have the following meanings: 
  
 Advice: See the last paragraph of Section 5 hereof. 
  
 Agreement: See the introductory paragraphs hereto. 
  
 Applicable Period: See Section 2(b) hereof. 
  
 Company: See the introductory paragraphs hereto. 
  
 Effectiveness Date: With respect to (i) the Exchange Offer Registration Statement, the 180th day after the Transfer
Date and (ii) any Shelf Registration Statement, the 90th day after the Filing Date with respect thereto. 
  
 Effectiveness Period: See Section 3(a) hereof. 
  
 Event Date: See Section 4(b) hereof. 
  
 Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and regulations of the SEC promulgated thereunder. 
  
 Exchange Securities: See Section 2(a) hereof. 

 Exchange Offer: See Section 2(a) hereof. 
  
 Exchange Offer Registration Statement: See Section 2(a) hereof.

  
 Filing Date: (A) If no Registration Statement has been
filed by the Issuers pursuant to this Agreement, the 90th day after the Transfer Date; and (B) in any other case (which may be applicable notwithstanding the consummation of the Exchange Offer), the 30th day after the delivery of a Shelf Notice.

  
 Guarantees: See the introductory paragraphs hereto.

  
 Guarantors: See the introductory paragraphs hereto.

  
 Holder: Any holder of a Registrable Security or
Registrable Securities. 
  
 Indemnified Person: See Section
7(c) hereof. 
  
 Indemnifying Person: See Section 7(c)
hereof. 
  
 Indenture: The Indenture, dated as of July 1,
1999, between the Issuers, the Guarantors and The Bank of New York, as Trustee thereunder, pursuant to which the Securities were issued, as amended or supplemented from time to time in accordance with the terms thereof. 
  
 Initial Holder: See the introductory paragraphs hereto. 
  
 Initial Shelf Registration: See Section 3(a) hereof. 
  
 Inspectors: See Section 5(n) hereof. 
  
 Issuers: See the introductory paragraphs hereto. 
  
 Liquidated Damages: See Section 4(a) hereof. 
  
 NASD: See Section 5(s) hereof. 
  
 Notes: See the introductory paragraphs hereto. 
  
 Participant: See Section 7(a) hereof. 
  
 Participating Broker-Dealer: Any broker-dealer that elects to exchange
Securities that were acquired by such broker-dealer for its own account as a result of market-making or other trading activities for Exchange Securities in the Exchange Offer. 
  
 Person: An individual, trustee, corporation, limited liability company, partnership, joint stock company, trust,
unincorporated association, union, business association, firm or other legal entity. 
  

 -2- 

 Private Exchange: See Section 2(b) hereof. 
  
 Private Exchange Securities: See Section 2(b) hereof. 
  
 Prospectus: The prospectus included in any Registration Statement
(including, without limitation, any prospectus subject to completion and a prospectus that includes any information previously omitted from a prospectus filed as part of an effective registration statement in reliance upon Rule 430A under the
Securities Act and any term sheet filed pursuant to Rule 434 under the Securities Act), as amended or supplemented by any prospectus supplement, and all other amendments and supplements to the Prospectus, including post-effective amendments, and all
material incorporated by reference or deemed to be incorporated by reference in such Prospectus. 
  
 Records: See Section 5(n) hereof. 
  
 Registrable Securities: Each Security after its transfer by the Initial Holder and at all times subsequent thereto, each Exchange Security (and the
related Guarantees) as to which Section 2(c)(iv) hereof is applicable upon original issuance and at all times subsequent thereto and each Private Exchange Security (and the related Guarantees) upon original issuance thereof and at all times
subsequent thereto, until (i) a Registration Statement (other than, with respect to any Exchange Security as to which Section 2(c)(iv) hereof is applicable, the Exchange Offer Registration Statement) covering such Security, Exchange Security or
Private Exchange Security has been declared effective by the SEC and such Security, Exchange Security or such Private Exchange Security, as the case may be, has been disposed of in accordance with such effective Registration Statement, (ii) such
Security has been exchanged pursuant to the Exchange Offer for an Exchange Security or Exchange Securities that may be resold without restriction under federal securities laws, (iii) such Security, Exchange Security or Private Exchange Security, as
the case may be, ceases to be outstanding for purposes of the Indenture or (iv) such Security, Exchange Security or Private Exchange Security, as the case may be, may be resold without restriction pursuant to Rule 144 under the Securities Act.

  
 Registration Statement: Any registration statement of
the Issuers and the Guarantors that covers any of the Securities, the Exchange Securities or the Private Exchange Securities filed with the SEC under the Securities Act, including the Prospectus, amendments and supplements to such registration
statement, including post-effective amendments, all exhibits, and all material incorporated by reference or deemed to be incorporated by reference in such registration statement. 
  
 Rule 144: Rule 144 promulgated under the Securities Act, as such Rule may be amended from time to time, or any
similar rule (other than Rule 144A) or regulation hereafter adopted by the SEC providing for offers and sales of securities made in compliance therewith resulting in offers and sales by subsequent holders that are not affiliates of the Issuers and
the Guarantors of such securities being free of the registration and prospectus delivery requirements of the Securities Act. 
  

 -3- 

 Rule 144A: Rule 144A promulgated under the Securities Act, as such rule may be amended from time
to time, or any similar rule (other than Rule 144) or regulation hereafter adopted by the SEC. 
  
 Rule 415: Rule 415 promulgated under the Securities Act, as such rule may be amended from time to time, or any similar rule or regulation hereafter adopted by the SEC. 
  
 SEC: The Securities and Exchange Commission. 
  
 Securities: See the introductory paragraphs hereto. 
  
 Securities Act: The Securities Act of 1933, as amended, and the rules
and regulations of the SEC promulgated thereunder. 
  
 Shelf
Notice: See Section 2(c) hereof. 
  
 Shelf
Registration: See Section 3(b) hereof. 
  
 Shelf
Registration Statement: Any Registration Statement relating to a Shelf Registration. 
  
 Subsequent Shelf Registration: See Section 3(b) hereof. 
  
 TIA: The Trust Indenture Act of 1939, as amended. 
  
 Transfer Date: The date on which the Issuers and the Guarantors receive notice of the sale or transfer of the Securities by the Initial Holder to one or more purchasers, other than an “affiliate,” as
defined in Rule 405 of the Securities Act, of the Initial Holder. 
  
 Trustee: The trustee under the Indenture. 
  
 Underwritten registration or underwritten offering: A registration in which Securities of one or more of the Issuers and the Guarantors are sold to an underwriter for reoffering to the public. 
  

	2.	Exchange Offer 

  
 (a) To the extent not prohibited by applicable laws, rules, regulations or applicable interpretations of the staff of the SEC, the Issuers and the
Guarantors shall file with the SEC, no later than the Filing Date, a Registration Statement (the “Exchange Offer Registration Statement”) on an appropriate registration form with respect to a registered offer (the “Exchange
Offer”) to exchange any and all of the Registrable Securities for the same aggregate principal amount at maturity of notes (the “Exchange Securities”) of the Issuers, guaranteed by the Guarantors, that are identical in all
material respects to the Securities except that the Exchange Securities shall contain no restrictive legend thereon. The Exchange Offer shall comply with all applicable tender offer rules and regulations under the Exchange Act and other applicable
laws. The Issuers and the Guarantors shall use their reasonable best efforts to (x) cause the Exchange 
  

 -4- 

 Offer Registration Statement to be declared effective under the Securities Act on or before the Effectiveness Date; (y)
keep the Exchange Offer open for not less than 30 days (or longer if required by applicable law) after the date that notice of the Exchange Offer is mailed to Holders; and (z) consummate the Exchange Offer on or prior to the 40th day following the
date on which the Exchange Offer Registration Statement is declared effective by the SEC. If, after the Exchange Offer Registration Statement is initially declared effective by the SEC, the Exchange Offer or the issuance of the Exchange Securities
thereunder is interfered with by any stop order, injunction or other order or requirement of the SEC or any other governmental agency or court, the Exchange Offer Registration Statement shall be deemed not to have become effective for purposes of
this Agreement. 
  
 Each Holder participating in the Exchange
Offer shall be required to represent to the Issuers that at the time of the consummation of the Exchange Offer (i) any Exchange Securities received by such Holder will be acquired in the ordinary course of business, (ii) such Holder will have no
arrangements or understanding with any person to participate in the distribution of the Securities or the Exchange Securities within the meaning of the Securities Act, (iii) such Holder is not an “affiliate,” as defined in Rule 405 of the
Securities Act, of the Company or if it is an affiliate, such Holder will comply with the registration and prospectus delivery requirements of the Securities Act to the extent applicable, (iv) if such Holder is not a broker-dealer, that it is not
engaged in, and does not intend to engage in, the distribution of the Exchange Securities and (v) if such Holder is a broker-dealer, that it will receive Exchange Securities for its own account in exchange for Initial Securities that were acquired
as a result of market-making activities or other trading activities and that it will be required to acknowledge that it will deliver a prospectus in connection with any resale of such Exchange Securities. 
  
 Upon consummation of the Exchange Offer in accordance with this Section 2,
the provisions of this Agreement shall continue to apply, solely with respect to Registrable Securities that are Private Exchange Securities, Exchange Securities as to which Section 2(c)(iv) is applicable and Exchange Securities held by
Participating Broker-Dealers, and the Issuers and the Guarantors shall have no further obligation to register Registrable Securities (other than Private Exchange Securities and other than in respect of any Exchange Securities as to which clause
2(c)(iv) hereof applies) pursuant to this Agreement. No Securities other than the Exchange Securities shall be included in the Exchange Offer Registration Statement. 
  
 (b) The Issuers and the Guarantors shall include within the Prospectus contained in the Exchange Offer Registration
Statement a section entitled “Plan of Distribution,” which shall contain such reasonable and customary information as the Holders shall reasonably request. 
  
 The Issuers and the Guarantors shall use their reasonable best efforts to keep the Exchange Offer Registration Statement
effective and to amend and supplement the Prospectus contained therein in order to permit such Prospectus to be lawfully delivered by all Persons subject to the prospectus delivery requirements of the Securities Act for such period of time as is
necessary to comply with applicable law in connection with any resale of the Exchange Securities covered thereby; provided, however, that such period shall not exceed 180 days after such Exchange Offer Registration Statement is
declared effective (or such longer period if extended pursuant to the last paragraph of Section 5 hereof) (the “Applicable Period”). 
  

 -5- 

 If, prior to consummation of the Exchange Offer, any Holder is not entitled to participate in the
Exchange Offer, the Issuers and the Guarantors upon the request of any such Holder shall simultaneously with the delivery of the Exchange Securities in the Exchange Offer, issue and deliver to any such Holder, in exchange (the “Private
Exchange”) for such Securities held by any such Holder, the same principal amount at maturity of notes (the “Private Exchange Securities”) of the Issuers, guaranteed by the Guarantors, that are identical in all material
respects to the Exchange Securities (except that they may bear a customary legend with respect to restrictions on transfer). The Private Exchange Securities shall be issued pursuant to the same indenture as the Exchange Securities. The Issuers and
the Guarantors shall use their reasonable best efforts to cause the Private Exchange Securities, subsequent to the sale thereof pursuant to an effective Shelf Registration (as defined in Section 3(b) hereof) and removal of any legends restricting
the transfer of such Private Exchange Securities, to bear the same CUSIP number as the Exchange Securities. 
  
 Interest on the Exchange Securities and the Private Exchange Securities will accrue from the later of (i) the last interest payment date on which
interest was paid on the Securities surrendered in exchange therefor or (ii) if the Securities are surrendered for exchange on a date in a period which includes the record date for an interest payment date to occur on or after the date of such
exchange and as to which interest will be paid, the date of such interest payment. 
  
 In connection with the Exchange Offer, the Issuers and the Guarantors shall: 
  
 (1) mail, or cause to be mailed, to each Holder entitled to participate in the Exchange Offer a copy of the Prospectus forming part of the
Exchange Offer Registration Statement, together with an appropriate letter of transmittal and related documents; 
  
 (2) keep the Exchange Offer open for not less than 30 days after the date that notice of the Exchange Offer is mailed to Holders (or
longer if required by applicable law); 
  
 (3)
utilize the services of a depositary for the Exchange Offer with an address in the Borough of Manhattan, The City of New York; 
  
 (4) permit Holders to withdraw tendered Securities at any time prior to the close of business, New York time, on the last business day on
which the Exchange Offer shall remain open; and 
  
 (5) otherwise comply in all material respects with all applicable laws, rules and regulations. 
  
 As soon as practicable after the close of the Exchange Offer and the Private Exchange, if any, the Issuers and the Guarantors shall: 
  
 (1) accept for exchange all Registrable Securities validly
tendered and not validly withdrawn pursuant to the Exchange Offer and the Private Exchange, if any; 
  

 -6- 

 (2) deliver to the Trustee for cancellation all Registrable Securities so accepted for
exchange; and 
  
 (3) cause the Trustee to
authenticate and deliver to each Holder of Securities, Exchange Securities or Private Exchange Securities, as the case may be, equal in principal amount at maturity to the Securities of such Holder so accepted for exchange; provided that, in the
case of any Securities held in global form by a depositary, authentication and delivery to such depositary of one or more replacement Securities in global form in an equivalent principal amount thereto for the account of such Holders in accordance
with the Indenture shall satisfy such authentication and delivery requirement. 
  
 The Exchange Offer and the Private Exchange shall not be subject to any conditions, other than that (i) the Exchange Offer or Private Exchange, as the case may be, does not violate applicable law or any
applicable interpretation of the staff of the SEC, (ii) no action or proceeding shall have been instituted or threatened in any court or by any governmental agency which would be reasonably likely to materially impair the ability of the Issuers and
the Guarantors to proceed with the Exchange Offer or the Private Exchange, and no material adverse development shall have occurred in any existing action or proceeding with respect to the Issuers and the Guarantors and (iii) all governmental
approvals shall have been obtained, which approvals the Issuers and the Guarantors deem necessary for the consummation of the Exchange Offer or Private Exchange. 
  
 The Exchange Securities and the Private Exchange Securities shall be issued under (i) the Indenture or (ii) an indenture
identical in all material respects to the Indenture and which, in either case, has been qualified under the TIA or is exempt from such qualification and shall provide that the Exchange Securities shall not be subject to the transfer restrictions set
forth in the Indenture. The Indenture provides or such indenture shall provide that the Exchange Securities, the Private Exchange Securities and the Securities shall vote and consent together on all matters as one class and that none of the Exchange
Securities, the Private Exchange Securities or the Securities will have the right to vote or consent as a separate class on any matter. 
  
 (c) If, (i) because of any change in law or in currently prevailing interpretations of the staff of the SEC, the Issuers and the Guarantors are not
permitted to effect the Exchange Offer, (ii) the Exchange Offer is not consummated within 210 days of the Transfer Date, (iii) any holder of Private Exchange Securities so requests in writing to the Issuers at any time after the consummation of the
Exchange Offer, or (iv) in the case of any Holder that participates in the Exchange Offer, such Holder does not receive Exchange Securities on the date of the exchange that may be sold without restriction under state and federal securities laws
(other than due solely to the status of such Holder as an affiliate of the Issuers and the Guarantors within the meaning of the Securities Act) and so notifies the Issuers within 30 days after such Holder first becomes aware of such restrictions, in
the case of each of clauses (i) to and including (iv) of this sentence, then the Issuers and the Guarantors shall promptly deliver to the Holders and the Trustee written notice thereof (the “Shelf Notice”) and as promptly as
possible shall file a Shelf Registration pursuant to Section 3 hereof. 
  

 -7- 

	3.	Shelf Registration 

  
 If at any time a Shelf Notice is delivered as contemplated by Section 2(c) hereof, then: 
  
 (a) Shelf Registration. The Issuers and the Guarantors shall as promptly as possible file with the SEC a Registration
Statement for an offering to be made on a continuous basis pursuant to Rule 415 covering all of the Registrable Securities not permitted to be exchanged in the Exchange Offer in accordance with the terms of this Agreement, Private Exchange
Securities and Exchange Securities as to which Section 2(c)(iv) is applicable (the “Initial Shelf Registration”). The Issuers and the Guarantors shall use their reasonable best efforts to file with the SEC the Initial Shelf
Registration on or before the applicable Filing Date. The Initial Shelf Registration shall be on Form S-1 or another appropriate form permitting registration of such Registrable Securities for resale by Holders in the manner or manners designated by
them (including, without limitation, one or more underwritten offerings). The Issuers and the Guarantors shall not permit any Securities other than the Registrable Securities to be included in the Initial Shelf Registration or any Subsequent Shelf
Registration (as defined below). 
  
 The Issuers and the
Guarantors shall use their reasonable best efforts to cause the Initial Shelf Registration to be declared effective under the Securities Act on or prior to the Effectiveness Date and to keep the Initial Shelf Registration continuously effective
under the Securities Act until the date which is the earlier of two years after the Transfer Date (the “Effectiveness Period”), or such shorter period ending when all Registrable Securities covered by the Shelf Registration have
been sold in the manner set forth and as contemplated in the Initial Shelf Registration or, if applicable, a Subsequent Shelf Registration; provided, however, that the Effectiveness Period in respect of the Initial Shelf Registration
shall be extended to the extent required to permit dealers to comply with the applicable prospectus delivery requirements of Rule 174 under the Securities Act and as otherwise provided herein and shall be subject to reduction to the extent that the
applicable provisions of Rule 144(k) are amended or revised to reduce the two year holding period set forth therein. 
  
 No holder of Registrable Securities may include any of its Registrable Securities in any Shelf Registration Statement pursuant to this Agreement unless
and until such holder furnishes to the Issuers in writing, within 15 business days after receipt of a request therefor, such information as the Issuers may reasonably request for use in connection with any Shelf Registration Statement or Prospectus
or preliminary prospectus included therein. No holder of Registrable Securities shall be entitled to Liquidated Damages pursuant to Section 4 hereof unless and until such holder shall have provided all such reasonably requested information. Each
holder of Registrable Securities as to which any Shelf Registration Statement is being effected agrees to furnish promptly to the Issuers all information required to be disclosed in order to make information previously furnished to the Issuers by
such Holder not materially misleading. 
  
 (b) Withdrawal of
Stop Orders; Subsequent Shelf Registrations. If the Initial Shelf Registration or any Subsequent Shelf Registration ceases to be effective for any reason at any time during the Effectiveness Period (other than because of the sale of all
of the Securities registered thereunder), the Issuers and the Guarantors shall use their reasonable best efforts to 

  

 -8- 

 
obtain the prompt withdrawal of any order suspending the effectiveness thereof, and in any event shall within 30 days of such cessation of effectiveness
amend the Initial Shelf Registration in a manner to obtain the withdrawal of the order suspending the effectiveness thereof, or file an additional Shelf Registration Statement pursuant to Rule 415 covering all of the Registrable Securities covered
by and not sold under the Initial Shelf Registration or an earlier Subsequent Shelf Registration (each, a “Subsequent Shelf Registration”). If a Subsequent Shelf Registration is filed, the Issuers and the Guarantors shall use their
reasonable best efforts to cause the Subsequent Shelf Registration to be declared effective under the Securities Act as soon as practicable after such filing and to keep such subsequent Shelf Registration continuously effective for a period equal to
the number of days in the Effectiveness Period less the aggregate number of days during which the Initial Shelf Registration or any Subsequent Shelf Registration was previously continuously effective. As used herein the term “Shelf
Registration” means the Initial Shelf Registration and any Subsequent Shelf Registration. 
  
 (c) Supplements and Amendments. The Issuers and the Guarantors shall promptly supplement and amend any Shelf Registration if required by the rules,
regulations or instructions applicable to the registration form used for such Shelf Registration, if required by the Securities Act, or if reasonably requested by the Holders of a majority in aggregate principal amount of at maturity the Registrable
Securities covered by such Registration Statement or by any underwriter of such Registrable Securities. 
  
 (d) Blackout Period. Notwithstanding anything to the contrary in this Agreement, the Issuers and the Guarantors, upon notice to the Holders of
Registrable Securities, may suspend the use of the Prospectus included in any Shelf Registration in the event that, and for a period of time (the “Blackout Period”) not to exceed an aggregate of 60 days in any 12-month period (1)
the board of directors or manager of any Issuer or Guarantor determines in good faith that the disclosure of an event, occurrence or other item at such time could reasonably be expected to have a material adverse effect on the business, operations
or prospects of such Issuer or Guarantor, or (2) the disclosure otherwise relates to a material business transaction that has not been publicly disclosed and the board of directors or manager of any Issuer or Guarantor determines in good faith that
any such disclosure would jeopardize the success of such transaction or that disclosure of the transaction is prohibited pursuant to the terms thereof. Upon the termination of the Blackout Period, the Issuers and the Guarantors promptly shall notify
the Holders of Registrable Securities that such Blackout Period has terminated. 
  

	4.	Liquidated Damages 

  
 (a) The Issuers, the Guarantors and the Initial Holder agree that the Holders will suffer damages if the Issuers and the Guarantors fail to fulfill their
respective obligations under Section 2 or Section 3 hereof and that it would not be feasible to ascertain the extent of such damages with precision. Accordingly, the Issuers and the Guarantors agree, to pay, jointly and severally, liquidated damages
on the Securities (“Liquidated Damages”) under the circumstances and to the extent set forth below (each of which shall be given independent effect): 
  
 (i) if (A) neither the Exchange Offer Registration Statement nor the Initial Shelf Registration has been
filed on or prior to the Filing Date applicable thereto or 

  

 -9- 

 
(B) notwithstanding that the Issuers and the Guarantors have consummated or will consummate the Exchange Offer, the Issuers and the Guarantors are required
to file a Shelf Registration and such Shelf Registration is not filed on or prior to the Filing Date applicable thereto, then, commencing on the day after any such Filing Date, Liquidated Damages shall accrue on the principal amount of the
Securities at a rate of 0.25% per annum for the first 90 days immediately following such applicable Filing Date, and such Liquidated Damages rate shall increase by an additional 0.25% per annum at the beginning of each subsequent 90 day period; or

  
 (ii) if (A) neither the Exchange Offer
Registration Statement nor the Initial Shelf Registration is declared effective by the SEC on or prior to the Effectiveness Date applicable thereto or (B) notwithstanding that the Issuers and the Guarantors have consummated or will consummate the
Exchange Offer, the Issuers and the Guarantors are required to file a Shelf Registration and such Shelf Registration is not declared effective by the SEC on or prior to the Effectiveness Date applicable to such Shelf Registration, then, commencing
on the day after such Effectiveness Date, Liquidated Damages shall accrue on the principal amount of the Securities at a rate of 0.25% per annum for the first 90 days immediately following the day after such Effectiveness Date, and such Liquidated
Damages rate shall increase by an additional 0.25% per annum at the beginning of each subsequent 90 day period; or 
  
 (iii) if (A) the Issuers and the Guarantors have not exchanged Exchange Securities for all Securities validly tendered in accordance with
the terms of the Exchange Offer on or prior to the 40th day after the date on which the Exchange Offer Registration Statement relating thereto was declared effective or (B) if applicable, a Shelf Registration has been declared effective and such
Shelf Registration ceases to be effective at any time during the Effectiveness Period (other than during any Blackout Period relating to such Shelf Registration), then Liquidated Damages shall accrue on the principal amount of the Securities at a
rate of 0.25% per annum for the first 90 days commencing on the (x) 41st day after such effective date, in the case of (A) above, or (y) the day such Shelf Registration ceases to be effective in the case of (B) above, and such Liquidated Damages
rate shall increase by an additional 0.25% per annum at the beginning of each such subsequent 90 day period; 
  
 provided, however, that the Liquidated Damages rate on the Securities may not accrue under more than one of the foregoing clauses (i)-(iii) at any one time and at no time shall the aggregate amount of
additional interest accruing exceed in the aggregate 1.0% per annum and Liquidated Damages shall not accrue under clause (iii)(B) above during the continuation of a Blackout Period; provided, further, however, that (1) upon
the filing of the applicable Exchange Offer Registration Statement or the applicable Shelf Registration as required hereunder (in the case of clause (i) above of this Section 4), (2) upon the effectiveness of the Exchange Offer Registration
Statement or the applicable Shelf Registration Statement as required hereunder (in the case of clause (ii) of this Section 4), or (3) upon the exchange of the Exchange Securities for all Securities tendered (in the case of clause (iii)(A) of this
Section 4), or upon the effectiveness of the applicable Shelf Registration Statement which had ceased to remain effective (in the case of 

  

 -10- 

 
(iii)(B) of this Section 4), Liquidated Damages on the Securities in respect of which such events relate as a result of such clause (or the relevant
subclause thereof), as the case may be, shall cease to accrue. 
  
 A Registration Default referred to in Section (iii)(B) hereof shall be deemed not to have occurred and be continuing in relation to a Shelf Registration Statement or the related prospectus if such Registration Default has occurred solely as
a result of the filing of a post-effective amendment to such Shelf Registration Statement to incorporate annual audited financial information with respect to the Issuers where such post-effective amendment is not yet effective and needs to be
declared effective to permit Holders to use the related prospectus; provided, however, that if such Registration Default occurs for an aggregate in excess of 30 days, Liquidated Damages shall be payable in accordance with the above
paragraph from the 31st day after such Registration Default occurs until such Registration Default is cured. 
  
 (b) The Issuers and the Guarantors shall notify the Trustee within one business day after each and every date on which an event occurs in respect of which
Liquidated Damages is required to be paid (an “Event Date”). Any amounts of Liquidated Damages due pursuant to (a)(i), (a)(ii) or (a)(iii) of this Section 4 will be payable in cash semiannually on each June 15 and December 15 (to
the holders of record on the June 1 and December 1 immediately preceding such dates), commencing with the first such date occurring after any such Liquidated Damages commences to accrue. The amount of Liquidated Damages will be determined by
multiplying the applicable Liquidated Damages rate by the principal amount of the Registrable Securities, multiplied by a fraction, the numerator of which is the number of days such Liquidated Damages rate was applicable during such period
(determined on the basis of a 360 day year comprised of twelve 30 day months and, in the case of a partial month, the actual number of days elapsed), and the denominator of which is 360. 
  

	5.	Registration Procedures 

  
 In connection with the filing of any Registration Statement pursuant to Sections 2 or 3 hereof, the Issuers and the Guarantors shall effect such
registrations to permit the sale of the Securities covered thereby in accordance with the intended method or methods of disposition thereof, and pursuant thereto and in connection with any Registration Statement filed by the Issuers and the
Guarantors hereunder each of the Issuers and the Guarantors shall: 
  
 (a) Prepare and file with the SEC prior to the applicable Filing Date, a Registration Statement or Registration Statements as prescribed by Sections 2 or 3 hereof, and use its reasonable best efforts to cause each such Registration
Statement to become effective and remain effective as provided herein; provided, however, that, if (1) such filing is pursuant to Section 3 hereof or (2) a Prospectus contained in the Exchange Offer Registration Statement filed
pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period relating thereto from whom the Issuers and the Guarantors have
received timely notice that it will be a Participating Broker-Dealer in the Exchange Offer, before filing any Registration Statement or Prospectus or any amendments or supplements thereto, the Issuers and the Guarantors shall furnish to and afford
the Holders of the Registrable Securities covered by such Registration 

  

 -11- 

 
Statement or each such Participating Broker-Dealer, as the case may be, their counsel and the managing underwriters, if any, a reasonable opportunity to
review copies of all such documents (including copies of any documents to be incorporated by reference therein and all exhibits thereto) proposed to be filed (in each case at least five business days prior to such filing. The Issuers and the
Guarantors shall not file any Registration Statement or Prospectus or any amendments or supplements thereto if the Holders of a majority in aggregate principal amount at maturity of the Registrable Securities covered by such Registration Statement,
their counsel, or the managing underwriters, if any, shall reasonably object on a timely basis. 
  
 (b) Prepare and file with the SEC such amendments and post-effective amendments to each Shelf Registration Statement or Exchange Offer Registration
Statement, as the case may be, as may be necessary to keep such Registration Statement continuously effective for the Effectiveness Period or the Applicable Period or until consummation of the Exchange Offer, as the case may be; cause the related
Prospectus to be supplemented by any Prospectus supplement required by applicable law, and as so supplemented to be filed pursuant to Rule 424 (or any similar provisions then in force) promulgated under the Securities Act; and comply with the
provisions of the Securities Act and the Exchange Act applicable to it with respect to the disposition of all Securities covered by such Registration Statement as so amended or in such Prospectus as so supplemented and with respect to the subsequent
resale of any Securities being sold by a Participating Broker-Dealer covered by any such Prospectus; provided that, to the extent relating to a Shelf Registration Statement, none of the foregoing shall be required during a Blackout Period.

  
 (c) If (1) a Shelf Registration is filed pursuant to Section 3
hereof, or (2) a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities
during the Applicable Period relating thereto from whom any Issuer has received timely written notice that it will be a Participating Broker-Dealer in the Exchange Offer, notify the selling Holders of Registrable Securities, or each such
Participating Broker-Dealer, as the case may be, their counsel and the managing underwriters, if any, promptly (but in any event within two business days), and confirm such notice in writing, (i) when a Prospectus or any Prospectus supplement or
post-effective amendment has been filed, and, with respect to a Registration Statement or any post-effective amendment, when the same has become effective under the Securities Act (including in such notice a written statement that any Holder may,
upon request, obtain, at the sole expense of the Issuers and the Guarantors, one conformed copy of such Registration Statement or post-effective amendment including financial statements and schedules, documents incorporated or deemed to be
incorporated by reference therein and exhibits), (ii) of the issuance by the SEC of any stop order suspending the effectiveness of a Registration Statement or of any order preventing or suspending the use of any preliminary prospectus or the
initiation of any proceedings for that purpose, (iii) if at any time when a prospectus is required by the Securities Act to be delivered in connection with sales of the Registrable Securities or resales of Exchange Securities by Participating
Broker-Dealers the representations and warranties of the Issuers and the Guarantors contained in any agreement (including any underwriting agreement) contemplated by Section 5(m) hereof cease to be true and correct in all material respects, (iv) of
the receipt by any Issuer of any notification with 

  

 -12- 

 
respect to the suspension of the qualification or exemption from qualification of a Registration Statement or any of the Registrable Securities or the
Exchange Securities to be sold by any Participating Broker-Dealer for offer or sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose, (v) of the happening of any event, the existence of any condition or any
information becoming known that makes any statement made in such Registration Statement or related Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making
of any changes in or amendments or supplements to such Registration Statement, Prospectus or documents so that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact
required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the Prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated
therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading, and (vi) of the Issuers and the Guarantors’ determination that a post-effective amendment to a Registration Statement
would be appropriate. 
  
 (d) If (1) a Shelf Registration is filed
pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell
Exchange Securities during the Applicable Period, use their reasonable best efforts to prevent the issuance of any order suspending the effectiveness of a Registration Statement or of any order preventing or suspending the use of a Prospectus or
suspending the qualification (or exemption from qualification) of any of the Registrable Securities or the Exchange Securities to be sold by any Participating Broker-Dealer, for sale in any jurisdiction, and, if any such order is issued, to use
their reasonable best efforts to obtain the withdrawal of any such order at the earliest possible date. 
  
 (e) Subject to Section 3(d), if a Shelf Registration is filed pursuant to Section 3 and if requested by the managing underwriter or underwriters (if any),
the Holders of a majority in aggregate principal amount at maturity of the Registrable Securities being sold in connection with an underwritten offering or any Participating Broker-Dealer, (i) as promptly as commercially practicable incorporate in a
prospectus supplement or post-effective amendment such information as the managing underwriter or underwriters (if any), such Holders, any Participating Broker-Dealer or counsel for any of them reasonably request to be included therein, (ii) make
all required filings of such prospectus supplement or such post-effective amendment as soon as commercially practicable after any Issuer has received notification of the matters to be incorporated in such prospectus supplement or post-effective
amendment, and (iii) supplement or make amendments to such Registration Statement. 
  
 (f) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under
the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, furnish to each selling Holder of Registrable Securities or to each such Participating Broker-Dealer, as the case may be, who
so requests and to counsel and each managing underwriter, if any, at the sole expense of the Issuers 

  

 -13- 

 and the Guarantors, one conformed copy of the Registration Statement or Registration Statements and each post-effective
amendment thereto, including financial statements and schedules, and, if requested, all documents incorporated or deemed to be incorporated therein by reference and all exhibits. 
  
 (g) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer
Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, deliver to each selling Holder of
Registrable Securities, or each such Participating Broker-Dealer, as the case may be, their respective counsel, and the underwriters, if any, at the sole expense of the Issuers and the Guarantors, as many copies of the Prospectus or Prospectuses
(including each form of preliminary prospectus) and each amendment or supplement thereto and any documents incorporated by reference therein as such Persons may reasonably request; and, subject to the last paragraph of this Section 5, the Issuers
and the Guarantors hereby consent to the use of such Prospectus and each amendment or supplement thereto by each of the selling Holders of Registrable Securities or each such Participating Broker-Dealer, as the case may be, and the underwriters or
agents, if any, and dealers (if any), in connection with the offering and sale of the Registrable Securities covered by, or the sale by Participating Broker-Dealers of the Exchange Securities pursuant to, such Prospectus and any amendment or
supplement thereto. 
  
 (h) Prior to any public offering of
Registrable Securities or any delivery of a Prospectus contained in the Exchange Offer Registration Statement by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, use their reasonable best efforts to
register or qualify, and to cooperate with the selling Holders of Registrable Securities or each such Participating Broker-Dealer, as the case may be, the managing underwriter or underwriters, if any, and their respective counsel in connection with
the registration or qualification (or exemption from such registration or qualification) of such Registrable Securities for offer and sale under the securities or Blue Sky laws of such jurisdictions within the United States as any selling Holder,
Participating Broker-Dealer, or the managing underwriter or underwriters reasonably request in writing; provided, however, that where Exchange Securities held by Participating Broker-Dealers or Registrable Securities are offered other
than through an underwritten offering, the Issuers and the Guarantors agree to cause their counsel to perform Blue Sky investigations and file registrations and qualifications required to be filed pursuant to this Section 5(h); keep each such
registration or qualification (or exemption therefrom) effective during the period such Registration Statement is required to be kept effective and do any and all other acts or things reasonably necessary to enable the disposition in such
jurisdictions of the Exchange Securities held by Participating Broker-Dealers or the Registrable Securities covered by the applicable Registration Statement; provided, however, that no Issuer shall be required to (A) qualify generally
to do business in any jurisdiction where it is not then so qualified, (B) take any action that would subject it to general service of process in any such jurisdiction where it is not then so subject or (C) subject itself to taxation in any such
jurisdiction where it is not then so subject. 
  

 -14- 

 (i) If a Shelf Registration is filed pursuant to Section 3 hereof, cooperate with the selling Holders of
Registrable Securities and the managing underwriter or underwriters, if any, to facilitate the timely preparation and delivery of certificates representing Registrable Securities to be sold, which certificates shall not bear any restrictive legends
and shall be in a form eligible for deposit with The Depository Trust Company; and enable such Registrable Securities to be in such denominations and registered in such names as the managing underwriter or underwriters, if any, or Holders may
request (subject to applicable requirements contained in the Indenture). 
  
 (j) Use their reasonable best efforts to cause the Registrable Securities covered by the Registration Statement to be registered with or approved by such other governmental agencies or authorities as may be reasonably
necessary to enable the seller or sellers thereof or the underwriter or underwriters, if any, to consummate the disposition of such Registrable Securities, except as may be required solely as a consequence of the nature of such selling Holder’s
business, in which case the Issuers and the Guarantors will cooperate in all reasonable respects with the filing of such Registration Statement and the granting of such approvals. 
  
 (k) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2) a Prospectus contained in the Exchange Offer
Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the Applicable Period, upon the occurrence of any event
contemplated by paragraph 5(c)(v) or 5(c)(vi) hereof, as promptly as commercially practicable (except during any Blackout Period in the case of a Shelf Registration) prepare and (subject to Section 5(a) hereof) file with the SEC, at the sole expense
of the Issuers and the Guarantors, a supplement or post-effective amendment to the Registration Statement or a supplement to the related Prospectus or any document incorporated or deemed to be incorporated therein by reference, or file any other
required document so that, as thereafter delivered to the purchasers of the Registrable Securities being sold thereunder or to the purchasers of the Exchange Securities to whom such Prospectus will be delivered by a Participating Broker-Dealer, any
such Prospectus will not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in the light of the circumstances under which they were made, not
misleading. 
  
 (l) Prior to the effective date of the first
Registration Statement relating to the Registrable Securities, (i) provide the Trustee with certificates for the Registrable Securities or Exchange Securities, as the case may be, in a form eligible for deposit with The Depository Trust Company
and (ii) provide a CUSIP number for the Registrable Securities or Exchange Securities, as the case may be. 
  
 (m) In connection with any underwritten offering of Registrable Securities pursuant to a Shelf Registration, enter into an underwriting agreement as is
customary in underwritten offerings of debt securities similar to the Securities and take all such other actions as are reasonably requested by the managing underwriter or underwriters in order to expedite or facilitate the registration or the
disposition of such Registrable Securities and, in such connection, (i) make such representations and warranties to, and covenants with, the underwriters with respect to the business of the Issuers and their subsidiaries (including any acquired
business, properties or entity, if applicable) and the Registration Statement, Prospectus and documents, if 
  

 -15- 

 any, incorporated or deemed to be incorporated by reference therein, in each case, as are customarily made by Issuers and
the Guarantors to underwriters in underwritten offerings of debt securities similar to the Securities, and confirm the same in writing if and when requested; (ii) obtain the written opinion of counsel to the Issuers and the Guarantors and written
updates thereof in form, scope and substance reasonably satisfactory to the managing underwriter or underwriters, addressed to the underwriters covering the matters customarily covered in opinions reasonably requested in underwritten offerings of
debt securities similar to the Securities and such other matters as may be reasonably requested by the managing underwriter or underwriters; (iii) use its reasonable best efforts to obtain “cold comfort” letters and updates thereof in
form, scope and substance reasonably satisfactory to the managing underwriter or underwriters from the independent certified public accountants of the Issuers (and, if necessary, any other independent certified public accountants of any subsidiary
of the Issuers or of any business acquired by the Issuers for which financial statements and financial data are, or are required to be, included or incorporated by reference in the Registration Statement), addressed to the underwriter, such letters
to be in customary form and covering matters of the type customarily covered in “cold comfort” letters in connection with underwritten offerings of debt securities similar to the Securities and such other matters as reasonably requested by
the managing underwriter or underwriters as permitted by the Statement on Auditing Standards No. 72; and (iv) if an underwriting agreement is entered into, the same shall contain indemnification provisions and procedures no less favorable to the
sellers and underwriters, if any, than those set forth in Section 7 hereof (or such other provisions and procedures acceptable to Holders of a majority in aggregate principal amount at maturity of Registrable Securities covered by such Registration
Statement and the managing underwriter or underwriters or agents, if any). The above shall be done at each closing under such underwriting agreement, or as and to the extent required thereunder. 
  
 (n) If (1) a Shelf Registration is filed pursuant to Section 3 hereof, or (2)
a Prospectus contained in the Exchange Offer Registration Statement filed pursuant to Section 2 hereof is required to be delivered under the Securities Act by any Participating Broker-Dealer who seeks to sell Exchange Securities during the
Applicable Period, make available for inspection by any selling Holder of such Registrable Securities being sold, or each such Participating Broker-Dealer, as the case may be, any underwriter participating in any such disposition of Registrable
Securities, if any, and any attorney, accountant or other agent retained by any such selling Holder or each such Participating Broker-Dealer, as the case may be, or underwriter (collectively, the “Inspectors”), upon prior request,
at the offices where normally kept, during reasonable business hours, all financial and other records, pertinent corporate documents and instruments of the Issuers and their subsidiaries (collectively, the “Records”) as shall be
reasonably necessary to enable them to exercise any applicable due diligence responsibilities, and cause the officers, directors and employees of the Issuers and their subsidiaries to supply all information reasonably requested by any such Inspector
in connection with such Registration Statement and Prospectus (the “Information”). Each Inspector shall agree in writing that it will keep the Records and the Information confidential and that it will not disclose any of the Records
or Information unless (i) the disclosure of such Records or Information is necessary to avoid or correct a misstatement or omission in such Registration Statement or Prospectus, (ii) the release of such Records or Information is ordered pursuant to
a subpoena or other order from a court of competent 
  

 -16- 

 jurisdiction, (iii) disclosure of such Records or Information is necessary or advisable, in the opinion of counsel for
any Inspector, in connection with any action, claim, suit or proceeding, directly or indirectly, involving or potentially involving such Inspector and arising out of, based upon, relating to, or involving this Agreement, or any transactions
contemplated hereby or thereby or arising hereunder or thereunder, or (iv) such Records or the Information have been made generally available to the public. Each selling Holder of such Registrable Securities and each such Participating Broker-Dealer
will be required to agree that information obtained by it as a result of such inspections shall be deemed confidential and shall not be used by it as the basis for any market transactions in the securities of any Issuer unless and until such is made
generally available to the public. Each selling Holder of such Registrable Securities and each such Participating Broker-Dealer will be required to further agree that it will, upon learning that disclosure of such Records is sought in a court of
competent jurisdiction, promptly give notice to the Issuers and allow the Issuers to undertake appropriate action to prevent disclosure of the Records deemed confidential at the Issuers and Guarantors’ expense. 
  
 (o) Provide the Trustee for the Registrable Securities or the Exchange
Securities, as the case may be, and cause the Indenture or the trust indenture provided for in Section 2(a) hereof, as the case may be, to be qualified under the TIA not later than the effective date of the first Registration Statement relating to
the Registrable Securities; and in connection therewith, cooperate with the Trustee and the Holders of the Registrable Securities, to effect such changes to such indenture as may be required for such indenture to be so qualified in accordance with
the terms of the TIA; and execute, and use its reasonable best efforts to cause such trustee to execute, all documents as may be required to effect such changes, and all other forms and documents required to be filed with the SEC to enable such
indenture to be so qualified in a timely manner. 
  
 (p) Comply
with all applicable rules and regulations of the SEC and make generally available to their respective securityholders earnings statements satisfying the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar rule
promulgated under the Securities Act) no later than 45 days after the end of any 12 month period (or 90 days after the end of any 12 month period if such period is a fiscal year) (i) commencing at the end of any fiscal quarter in which
Registrable Securities are sold to underwriters in a firm commitment or best efforts underwritten offering and (ii) if not sold to underwriters in such an offering, commencing on the first day of the first fiscal quarter of the Issuers after the
effective date of a Registration Statement, which statements shall cover said 12 month periods. 
  
 (q) If the Exchange Offer or a Private Exchange is to be consummated, upon delivery of the Registrable Securities by Holders to the Issuers (or to such
other Person as directed by the Issuers) in exchange for the Exchange Securities or the Private Exchange Securities, as the case may be, the Issuers and the Guarantors shall mark, or cause to be marked, on such Registrable Securities that such
Registrable Securities are being cancelled in exchange for the Exchange Securities or the Private Exchange Securities, as the case may be; in no event shall such Registrable Securities be marked as paid or otherwise satisfied. 
  
 (r) Use its best efforts to cause the Registrable Securities covered by a
Registration Statement or the Exchange Securities, as the case may be, to be rated with the appropriate rating agencies, if so requested by the Holders of a majority in aggregate principal amount at maturity of Registrable Securities covered by such
Registration Statement or the Exchange Securities, as the case may be, or the managing underwriter or underwriters, if any. 
  

 -17- 

 (s) Cooperate with each seller of Registrable Securities covered by any Registration Statement and each
underwriter, if any, participating in the disposition of such Registrable Securities and their respective counsel in connection with any filings required to be made with the National Association of Securities Dealers, Inc. (the
“NASD”). 
  
 (t) Use their reasonable best
efforts to take all other steps necessary to effect the registration of the Exchange Securities and/or Registrable Securities covered by a Registration Statement contemplated hereby. 
  
 The Issuers and the Guarantors may require each seller of Registrable Securities as to which any registration is being
effected to furnish to the Issuers such information regarding such seller and the distribution of such Registrable Securities as the Issuers may, from time to time, reasonably request. The Issuers and the Guarantors may exclude from such
registration the Registrable Securities of any seller so long as such seller fails to furnish such information within a reasonable time after receiving such request. Each seller as to which any Shelf Registration is being effected agrees to furnish
promptly to the Issuers all information required to be disclosed in order to make the information previously furnished to the Issuers by such seller not materially misleading. 
  
 Each Holder of Registrable Securities and each Participating Broker-Dealer agrees by its acquisition of such Registrable
Securities or Exchange Securities to be sold by such Participating Broker-Dealer, as the case may be, that, upon actual receipt of any notice from the Issuers and the Guarantors of the happening of any event of the kind described in Section
5(c)(ii), 5(c)(iv), 5(c)(v), or 5(c)(vi) hereof or the commencement of any Blackout Period, such Holder will forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement or Prospectus or Exchange Securities
to be sold by such Holder or Participating Broker-Dealer, as the case may be, until such Holder’s or Participating Broker-Dealer’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 5(k) hereof, or
until it is advised in writing (the “Advice”) by the Issuers and the Guarantors that the use of the applicable Prospectus may be resumed, and has received copies of any amendments or supplements thereto. In the event that the
Issuers and the Guarantors shall give any such notice, each of the Effectiveness Period and the Applicable Period shall be extended by the number of days during such periods from and including the date of the giving of such notice to and including
the date when each seller of Registrable Securities covered by such Registration Statement or Exchange Securities to be sold by such Participating Broker-Dealer, as the case may be, shall have received (x) the copies of the supplemented or amended
Prospectus contemplated by Section 5(k) hereof or (y) the Advice. 
  

	6.	Registration Expenses 

  
 All fees and expenses incident to the performance of or compliance with this Agreement by the Issuers and the Guarantors shall be borne by the Issuers and
the Guarantors whether or not the Exchange Offer Registration Statement or any Shelf Registration Statement is 
  

 -18- 

 filed or becomes effective or the Exchange Offer is consummated, including, without limitation, (i) all registration and
filing fees (including, without limitation, (A) fees with respect to filings required to be made with the NASD in connection with an underwritten offering and (B) fees and expenses of compliance with state securities or Blue Sky laws (including,
without limitation, reasonable fees and disbursements of counsel in connection with Blue Sky qualifications of the Registrable Securities or Exchange Securities and determination of the eligibility of the Registrable Securities or Exchange
Securities for investment under the laws of such jurisdictions (x) where the holders of Registrable Securities are located, in the case of the Exchange Securities, or (y) as provided in Section 5(h) hereof, in the case of Registrable Securities or
Exchange Securities to be sold by a Participating Broker-Dealer during the Applicable Period)), (ii) printing expenses, including, without limitation, reasonable expenses of printing certificates for Registrable Securities or Exchange Securities in
a form eligible for deposit with The Depository Trust Company and of printing prospectuses if the printing of prospectuses is requested by the managing underwriter or underwriters, if any, by the Holders of a majority in aggregate principal amount
at maturity of the Registrable Securities included in any Registration Statement or in respect of Exchange Securities to be sold by any Participating Broker-Dealer during the Applicable Period, as the case may be, (iii) messenger, telephone and
delivery expenses, (iv) fees and disbursements of counsel for the Issuers and the Guarantors and, in the case of a Shelf Registration, reasonable fees and disbursements of a single special counsel for all of the sellers of Registrable Securities
(exclusive of any counsel retained pursuant to Section 7 hereof), (v) fees and disbursements of all independent certified public accountants referred to in Section 5(m)(iii) hereof (including, without limitation, the expenses of any special audit
and “cold comfort” letters required by or incident to such performance), (vi) rating agency fees, if any, and any fees associated with making the Registrable Securities or Exchange Securities eligible for trading through The Depository
Trust Company, (vii) Securities Act liability insurance, if the Issuers and the Guarantors desire such insurance, (viii) fees and expenses of all other Persons retained by any of the Issuers and the Guarantors, (ix) internal expenses of the
Issuers and the Guarantors (including, without limitation, all salaries and expenses of officers and employees of the Issuers and the Guarantors performing legal or accounting duties), (x) the expense of any annual audit, (xi) the fees and
expenses incurred in connection with the listing of the Securities to be registered on any securities exchange, in each case, if applicable, and (xii) the reasonable expenses relating to printing, word processing and distributing all Registration
Statements, underwriting agreements, indentures and any other documents necessary in order to comply with this Agreement. 
  

	7.	Indemnification 

  
 (a) Each of the Issuers and the Guarantors, jointly and severally, agrees to indemnify and hold harmless each Holder of Registrable Securities and each
Participating Broker-Dealer selling Exchange Securities during the Applicable Period, the officers, directors, employees and agents of each such Person, and each Person, if any, who controls any such Person within the meaning of either Section 15 of
the Securities Act or Section 20 of the Exchange Act (each, a “Participant”), from and against any and all losses, claims, damages, judgments, liabilities and expenses (including, without limitation, the reasonable legal fees and
other expenses actually incurred in connection with any suit, action or proceeding or any claim asserted) caused by, 
  

 -19- 

 arising out of or based upon any untrue statement or alleged untrue statement of a material fact contained in any
Registration Statement (or any amendment thereto) or Prospectus (as amended or supplemented if any Issuer shall have furnished any amendments or supplements thereto) or any preliminary prospectus, or caused by, arising out of or based upon any
omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein, in the case of the Prospectus in the light of the circumstances under which they were made, not misleading,
except insofar as such losses, claims, damages or liabilities are caused by, arise out of or are based upon any untrue statement or omission or alleged untrue statement or omission made in reliance upon and in conformity with information
relating to any Participant furnished to the Issuers in writing by such Participant expressly for use therein; provided, however, that no Issuer will be liable if such untrue statement or omission or alleged untrue statement or omission was
contained or made in any preliminary prospectus and corrected in the final Prospectus or any amendment or supplement thereto and any such loss, liability, claim, or damage or expense suffered or incurred by the Participants resulted from any action,
claim or suit by any Person who purchased Registrable Securities or Exchange Securities which are the subject thereof from such Participant and it is established in the related proceeding that such Participant failed to deliver or provide a copy of
the final Prospectus (as amended or supplemented) to such Person with or prior to the confirmation of the sale of such Registrable Securities or Exchange Securities sold to such Person if required by applicable law, unless such failure to deliver or
provide a copy of the Prospectus (as amended or supplemented) was a result of noncompliance by any Issuer with Section 5 of this Agreement. 
  
 (b) Each Holder of Registrable Securities and each Participating Broker-Dealer selling Exchange Securities during the Applicable Period agrees, severally
and not jointly, to indemnify and hold harmless each of the Issuers and the Guarantors, their directors, their officers and their employees and agents and each Person, if any, who controls each Issuer within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act to the same extent as the foregoing indemnity from the Issuers and the Guarantors to each Participant, but only with reference to information relating to such Holder of Registrable Securities or
Participating Broker-Dealer selling Exchange Securities during the Applicable Period furnished to the Issuers in writing by such Holder of Registrable Securities or each Participating Broker-Dealer selling Exchange Securities during the Applicable
Period expressly for use in any Registration Statement or Prospectus, any amendment or supplement thereto, or any preliminary prospectus. The liability of any Holder of Registrable Securities and each Participating Broker-Dealer that sells Exchange
Securities during the Applicable Period under this paragraph shall in no event exceed the proceeds received by such Holder of Registrable Securities and each Participating Broker-Dealer that sells Exchange Securities during the Applicable Period
from sales of Registrable Securities or Exchange Securities giving rise to such obligations. 
  
 (c) If any suit, action, proceeding (including any governmental or regulatory investigation), claim or demand shall be brought or asserted against any Person in respect of which indemnity may be sought pursuant to
either of the two preceding paragraphs, such Person (the “Indemnified Person”) shall promptly notify the Persons against whom such indemnity may be sought (the “Indemnifying Persons”) in writing, and the
Indemnifying Persons, upon request of the Indemnified Person, shall retain counsel reasonably satisfactory to the Indemnified Person 
  

 -20- 

 to represent the Indemnified Person and any others the Indemnifying Persons may reasonably designate in such proceeding
and shall pay the reasonable fees and expenses actually incurred by such counsel related to such proceeding; provided, however, that the failure to so notify the Indemnifying Persons shall not relieve any of them of any obligation or
liability which any of them may have hereunder unless and to the extent such failure results in the forfeiture by the Indemnifying Persons of substantial rights and defenses and will not, in any event, relieve the Indemnifying Persons from any
obligations to any Indemnified Persons other than the indemnification obligations provided hereunder. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be
at the expense of such Indemnified Person unless (i) the Indemnifying Persons and the Indemnified Person shall have mutually agreed to the contrary, (ii) the Indemnifying Persons shall have failed within a reasonable period of time to retain counsel
reasonably satisfactory to the Indemnified Person or (iii) the named parties in any such proceeding (including any impleaded parties) include both any Indemnifying Person and the Indemnified Person or any affiliate thereof and representation of both
parties by the same counsel would be inappropriate due to actual or potential conflicting interests between them. It is understood that, unless there exists a conflict among Indemnified Persons, the Indemnifying Persons shall not, in connection with
such proceeding or separate but substantially similar related proceeding in the same jurisdiction arising out of the same general allegations, be liable for the fees and expenses of more than one separate firm (in addition to any local counsel) for
all Indemnified Persons, and that all such fees and expenses shall be reimbursed as they are incurred. Any such separate firm for the Participants and such control Persons of Participants shall be designated in writing by Participants who sold a
majority in interest of Registrable Securities and Exchange Securities sold by all such Participants and any such separate firm for the Issuers and the Guarantors, their directors, their officers and such control Persons of the Issuers and the
Guarantors shall be designated in writing by the Issuers and shall be reasonably acceptable to the Holders. The Indemnifying Persons shall not be liable for any settlement of any proceeding effected without its prior written consent (which consent
shall not be unreasonably withheld or delayed), but if settled with such consent or if there be a final nonappealable judgment for the plaintiff for which the Indemnified Person is entitled to indemnification pursuant to this Agreement, each of the
Indemnifying Persons agrees to indemnify and hold harmless each Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence, if at any time an Indemnified Person shall
have requested an Indemnifying Person to reimburse the Indemnified Person for reasonable fees and expenses actually incurred by counsel as contemplated by the third sentence of this paragraph, the Indemnifying Person agrees that it shall be liable
for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than 30 days after receipt by such Indemnifying Person of the aforesaid request and (ii) such Indemnifying Person shall not have
reimbursed the Indemnified Person in accordance with such request prior to the date of such settlement; provided, however, that the Indemnifying Person shall not be liable for any settlement effected without its consent pursuant to
this sentence if the Indemnifying Person is contesting, in good faith, the request for reimbursement. No Indemnifying Person shall, without the prior written consent of the Indemnified Persons (which consent shall not be unreasonably withheld or
delayed), effect any settlement or compromise of any pending or threatened proceeding in respect of which any Indemnified Person is or could have been a party, or indemnity could have been 
  

 -21- 

 sought hereunder by such Indemnified Person, unless such settlement (A) includes an unconditional written release of such
Indemnified Person, in form and substance reasonably satisfactory to such Indemnified Person, from all liability on claims that are the subject matter of such proceeding and (B) does not include any statement as to an admission of fault, culpability
or failure to act by or on behalf of such Indemnified Person. 
  
 (d) If the indemnification provided for in clauses (a) and (b) of this Section 7 is for any reason unavailable to, or insufficient to hold harmless, an Indemnified Person in respect of any losses, claims, damages or liabilities referred to
therein, then each Indemnifying Person under such paragraphs, in lieu of indemnifying such Indemnified Person thereunder and in order to provide for just and equitable contribution, shall contribute to the amount paid or payable by such Indemnified
Person as a result of such losses, claims, damages or liabilities in such proportion as is appropriate to reflect the relative fault of the Indemnifying Person or Persons on the one hand and the Indemnified Person or Persons on the other in
connection with the statements or omissions or alleged statements or omissions that resulted in such losses, claims, damages or liabilities (or actions in respect thereof) as well as any other relevant equitable considerations. The relative fault of
the parties shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by any Issuer on the
one hand or such Participant or such other Indemnified Person, as the case may be, on the other, the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission, and any other
equitable considerations appropriate in the circumstances. 
  
 (e)
The parties agree that it would not be just and equitable if contribution pursuant to this Section 7 were determined by pro rata allocation (even if the Participants were treated as one entity for such purpose) or by any other method
of allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an Indemnified Person as a result of the losses, claims, damages, judgments, liabilities and
expenses referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any reasonable legal or other expenses actually incurred by such Indemnified Person in connection with investigating
or defending any such action or claim. Notwithstanding the provisions of this Section 7, in no event shall, a Holder of Registrable Securities or any Participating Broker-Dealer that sells Exchange Securities during the Applicable Period, be
required to contribute any amount in excess of the amount by which proceeds received by such Holder of Registrable Securities or any Participating Broker-Dealer that sells Exchange Securities during the Applicable Period from sales of Registrable
Securities or Exchange Securities, as the case may be, exceeds the amount of any damages that such Holder of Registrable Securities or any Participating Broker-Dealer that sells Exchange Securities during the Applicable Period has otherwise been
required to pay or has paid by reason of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to
contribution from any Person who was not guilty of such fraudulent misrepresentation. 
  

 -22- 

 (f) Any losses, claims, damages, liabilities or expenses for which an indemnified party is entitled to
indemnification or contribution under this Section 7 shall be paid by the Indemnifying Party to the Indemnified Party as such losses, claims, damages, liabilities or expenses are incurred. The indemnity and contribution agreements contained in this
Section 7 and the representations and warranties of the Issuers and the Guarantors set forth in this Agreement shall remain operative and in full force and effect, regardless of (i) any investigation made by or on behalf of any Holder or any person
who controls a Holder, any Issuer and its directors, officers, employees or agents or any person controlling such Issuer, and (ii) any termination of this Agreement. 
  
 (g) The indemnity and contribution agreements contained in this Section 7 will be in addition to any liability which the
Indemnifying Persons may otherwise have to the Indemnified Persons referred to above. 
  

	8.	Rules 144 and 144A 

  
 Each of the Issuers and the Guarantors covenants and agrees that, so long as Registrable Securities remain outstanding, it will file the reports required
to be filed by it under the Securities Act and the Exchange Act and the rules and regulations adopted by the SEC thereunder in a timely manner in accordance with the requirements of the Securities Act and the Exchange Act and, if at any time such
Issuer is not permitted to file such reports, such Issuer will, upon the request of any Holder or beneficial owner of Registrable Securities, make available such information, documents and other reports of the type necessary to permit sales pursuant
to Rule 144. Each Issuer further covenants for so long as any Registrable Securities remain outstanding, to make available to any Holder or beneficial owner of Registrable Securities in connection with any sale thereof and any prospective purchaser
of such Registrable Securities from such Holder or beneficial owner the information required by Rule 144A(d)(4) under the Securities Act in order to permit resales of such Registrable Securities pursuant to Rule 144A. 
  

	9.	Underwritten Registrations 

  
 If any of the Registrable Securities covered by any Shelf Registration are to be sold in an underwritten offering, the investment banker or investment
bankers and manager or managers that will manage the offering will be selected by the Holders of a majority in aggregate principal amount at maturity of such Registrable Securities included in such offering and shall be reasonably acceptable to the
Issuers. 
  
 No Holder of Registrable Securities may participate
in any underwritten registration hereunder unless such Holder (a) agrees to sell such Holder’s Registrable Securities on the basis provided in any underwriting arrangements approved by the Persons entitled hereunder to approve such arrangements
and (b) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents required under the terms of such underwriting arrangements. 
  

 -23- 

	10.	Miscellaneous 

  
 (a) No Inconsistent Agreements. As of the date hereof, no Issuer has entered into any agreement with respect to any of its Securities that is
inconsistent with the rights granted to the Holders of Registrable Securities in this Agreement or otherwise conflicts with the provisions hereof. The rights granted to the Holders hereunder do not in any way conflict with and are not inconsistent
with the rights granted to the holders of any of the Issuers’ other issued and outstanding Securities. As of the date hereof, no Issuer and no Guarantor has entered into any agreement with respect to any of its Securities which will grant to
any Person piggyback registration rights with respect to any Registration Statement required to be filed by the Issuers pursuant to this Agreement. 
  
 (b) Adjustments Affecting Registrable Securities. No Issuer shall knowingly, directly or indirectly, take any action with respect to the
Registrable Securities as a class that would adversely affect the ability of the Holders of Registrable Securities to include such Registrable Securities in a registration undertaken pursuant to this Agreement. 
  
 (c) Amendments and Waivers. The provisions of this Agreement may not
be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given, otherwise than with the prior written consent of (I) the Issuers and the Guarantors and (II)(A) the Holders of not less than a
majority in aggregate principal amount at maturity of the then outstanding Registrable Securities and (B) in circumstances that would adversely affect the Participating Broker-Dealers, the Participating Broker-Dealers holding not less than a
majority in aggregate principal amount at maturity of the Exchange Securities held by all Participating Broker-Dealers; provided, however, that Section 7 and this Section 10(c) may not be amended, modified or supplemented without the prior written
consent of each Holder and each Participating Broker-Dealer (including any person who was a Holder or Participating Broker-Dealer of Registrable Securities or Exchange Securities, as the case may be, disposed of pursuant to any Registration
Statement) affected by any such amendment, modification or supplement. Notwithstanding the foregoing, a waiver or consent to depart from the provisions hereof with respect to a matter that relates exclusively to the rights of Holders of Registrable
Securities whose Securities are being sold pursuant to a Registration Statement and that does not directly or indirectly affect, impair, limit or compromise the rights of other Holders of Registrable Securities may be given by Holders of at least a
majority in aggregate principal amount at maturity of the Registrable Securities being sold pursuant to such Registration Statement. 
  
 (d) Notices. All notices and other communications (including, without limitation, any notices or other communications to the Trustee) provided for
or permitted hereunder shall be made in writing by hand delivery, registered first-class mail, next-day air courier or facsimile: 
  
 (i) if to a Holder of the Registrable Securities or any Participating Broker-Dealer, at the most current address of such Holder or
Participating Broker-Dealer, as the case may be, set forth on the records of the registrar under the Indenture. 
  

 -24- 

 (ii) if to the Initial Holder, at the address as follows: 
  
 Vestar CCH Investors LLC 
 Seventeenth Street Plaza 
 1225 17th Street, Suite 1660 
 Denver, Colorado 80202 
 Telecopy: (303) 292-6639 
 Attention: John R. Woodard 
  
 (iii) if to the Issuers, at the address as follows: 
  
 Consolidated Container Company LLC 
 3101 Tower Creek Parkway, Suite 300 
 Atlanta, Georgia 30339 
 Telecopy: (678) 742-4758 
 Attention: General Counsel 
  
 with a copy to: 
  
 Alston & Bird
LLP 
 1201 West Peachtree Street 
 Atlanta, Georgia 30309 
 Telecopy: (404) 253-8366 
 Attention: Rick D. Blumen, Esq. 
  
 All such notices and communications shall be deemed to have
been duly given: when delivered by hand, if personally delivered; five business days after being deposited in the mail, postage prepaid, if mailed; one business day after being timely delivered to a next-day air courier; and upon receiving
confirmation receipt by the addressee, if sent by facsimile. 
  
 Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving the same to the Trustee at the address and in the manner specified in such Indenture. 
  
 (e) Successors and Assigns. This Agreement shall inure to the benefit
of and be binding upon the successors and assigns of each of the parties hereto, the Holders and the Participating Broker-Dealers, provided that nothing herein shall be deemed to permit any assignment, transfer or other disposition of
Registrable Securities in violation of the terms of the Indenture. 
  
 (f) Counterparts. This Agreement may be executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall
constitute one and the same agreement. 
  
 (g) Headings.
The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
  

 -25- 

 (h) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS
OF THE STATE OF NEW YORK, AS APPLIED TO CONTRACTS MADE AND PERFORMED ENTIRELY WITHIN THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. EACH OF THE PARTIES HERETO AGREES TO SUBMIT TO THE JURISDICTION OF THE COURTS OF THE STATE
OF NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT. 
  
 (i) Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their best efforts to find and employ an alternative means to
achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining terms,
provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable. 
  
 (j) Securities Held by the Issuers or their Affiliates. Whenever the consent or approval of Holders of a specified percentage of Registrable
Securities is required hereunder, Registrable Securities held by any Issuer or any of its affiliates (as such term is defined in Rule 405 under the Securities Act) shall not be counted in determining whether such consent or approval was given by the
Holders of such required percentage. 
  
 (k) Third Party
Beneficiaries. Holders of Registrable Securities and Participating Broker-Dealers are intended third party beneficiaries of this Agreement, and this Agreement may be enforced by such Persons. 
  

 -26- 

 IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

  

			
	 CONSOLIDATED CONTAINER COMPANY LLC

		
	 By:
	 	 Consolidated Container Holdings LLC, as its
 Sole Member and Manager

		
	 By:
	 	 /s/ TYLER L. WOOLSON

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 CONSOLIDATED CONTAINER CAPITAL, INC.

		
	 By:
	 	 /s/ TYLER L. WOOLSON

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 REID PLASTICS GROUP LLC

		
	 By:
	 	 Consolidated Container Company LLC, as its
 Sole Member and Manager

		
	 By:
	 	 Consolidated Container Holdings LLC, as its
 Sole Member and Manager

		
	 By:
	 	 /s/ TYLER L. WOOLSON

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

  

 -27- 

			
	 CONSOLIDATED CONTAINER COMPANY LP

		
	 By:
	 	 Plastic Containers LLC, as its General Partner

		
	 By:
	 	 Consolidated Container Company LLC, as its Sole Member and Manager

		
	 By:
	 	 Consolidated Container Holdings LLC, as its Sole Member and Manager

		
	 By:
	 	 /s/ TYLER L. WOOLSON

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 PLASTIC CONTAINERS LLC

		
	 By:
	 	 Consolidated Container Company LLC, as its Sole Member and Manager

		
	 By:
	 	 Consolidated Container Holdings LLC, as its Sole Member and Manager

		
	 By:
	 	 /s/ TYLER L. WOOLSON

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

	
	 CONTINENTAL CARIBBEAN CONTAINERS, INC.

		
	 By:
	 	 /s/ TYLER L. WOOLSON

	 	 	 Name: Tyler L. Woolson

	 	 	 Title: Chief Financial Officer

  

 -28- 

							
	 The foregoing Agreement is hereby confirmed
 and accepted as of the date first above written.

	
	 VESTAR CCH INVESTORS LLC

		
	 By:
	 	 Vestar Capital Partners III, L.P.,

	 	 	 its Managing Member

			
	 	 	 By:
	 	 Vestar Associates III, L.P.,

	 	 	 	 	 its General Partner

				
	 	 	 	 	 By:
	 	 Vestar Associates Corporation III,

	 	 	 	 	 	 	 its General Partner

				
	 	 	 	 	 By:
	 	 /s/ JOHN WOODARD

	 	 	 	 	 	 	 Name:

	 	 	 	 	 	 	 Title:Form of Warrant

 EXHIBIT 4.1 
  
 THIS WARRANT AND THE SECURITIES ISSUABLE UPON EXERCISE HEREOF HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY
APPLICABLE STATE LAWS, AND NO INTEREST THEREIN MAY BE SOLD, DISTRIBUTED, ASSIGNED, OFFERED, PLEDGED OR OTHERWISE TRANSFERRED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE SECURITIES LAWS COVERING ANY SUCH
TRANSACTION, OR SUCH TRANSACTION IS EXEMPT FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND LAWS, SUCH COMPLIANCE, AT THE OPTION OF THE CORPORATION, TO BE EVIDENCED BY AN OPINION OF THE WARRANT HOLDER’S COUNSEL, ACCEPTABLE TO THE CORPORATION,
THAT NO VIOLATION OF SUCH REGISTRATION PROVISIONS WOULD RESULT FROM ANY PROPOSED TRANSFER OR ASSIGNMENT. 
  
 COMMON STOCK PURCHASE WARRANT 
  
 DUSKA THERAPEUTICS, INC. 
  
 THIS CERTIFIES that for good and valuable consideration received,                      or a registered assignee (the
“Holder”) is entitled, upon the terms and subject to the conditions hereinafter set forth, to acquire from Duska Therapeutics Inc., a Nevada corporation (the “Corporation”), up to
                     fully paid and nonassessable shares of common stock, par value $0.001, of the Corporation (“Warrant
Stock”) at a purchase price per share (the “Exercise Price”) of $2.50 (the “Warrant”). 
  

	 	1.	Term of Warrant. 

  
 Subject to the terms and conditions set forth herein, this Warrant shall be exercisable, in whole or in part, at any time on or after the date hereof and
at or prior to 11:59 p.m., Pacific Standard Time, on August 29, 2007 (the “Expiration Time”). Notwithstanding the foregoing, the Corporation shall have the right (the “Call Right”), except as may be limited by law,
other agreements or herein, to repurchase this Warrant if the average closing price for the Corporation’s common stock, as quoted on the principal trading system on which the common stock is listed (such as the OTC Bulletin Board, The Nasdaq
Stock Market, any stock exchange, or other established over-the-counter quotation service), is equal to or greater than $4.00 per share, as adjusted pursuant to Section 11 hereof, during the period of the twenty (20) consecutive trading days prior
to the date on which the Corporation elects to exercise the Call Right. The price at which the Corporation is entitled to exercise the Call Right (the “Repurchase Price”) shall be equal to the multiple of (i) $0.01 times (ii) the
number of shares of Warrant Stock that this Warrant is then entitled to purchase. In the event that the Corporation exercises its Call Right, the Corporation shall send the Holder written notice of the exercise of the Call Right 20 calendar days
before the repurchase becomes effective. The Holder shall have the right to exercise this Warrant until the close of business on the twentieth (20th) day after the mailing of the Call Right notice. If this Warrant is not exercised during the foregoing 20-day period, this Warrant shall expire and cease to be exercisable on the twenty-first
(21st) day after the date of mailing of the notice. Within three business days after the expiration of this Warrant
as a result of the exercise of the Call Right, the Corporation shall mail to the Holder a check in the amount of the Repurchase Price. 

	 	2.	Exercise of Warrant. 

  
 The purchase rights represented by this Warrant are exercisable by the registered Holder hereof, in whole or in part, at any time and from time to time at
or prior to the Expiration Time by the surrender of this Warrant and the Notice of Exercise form attached hereto duly executed to the office of the Corporation at Duska Therapeutics, Inc., Two Bala Plaza, Suite 300, Bala Cynwyd, Pennsylvania 19004
(or such other office or agency of the Corporation as it may designate by notice in writing to the registered Holder hereof at the address of such Holder appearing on the books of the Corporation), and upon payment of the Exercise Price for the
shares thereby purchased (by cash or by check or bank draft payable to the order of the Corporation or by cancellation of indebtedness of the Corporation to the Holder hereof, if any, at the time of exercise in an amount equal to the purchase price
of the shares thereby purchased); whereupon the Holder of this Warrant shall be entitled to receive from the Corporation a stock certificate in proper form representing the number of shares of Warrant Stock so purchased. 
  

	 	3.	Issuance of Shares; No Fractional Shares of Scrip. 

  
 Certificates for shares purchased hereunder shall be delivered to the Holder hereof by the Corporation’s transfer agent at the Corporation’s
expense within a reasonable time after the date on which this Warrant shall have been exercised in accordance with the terms hereof. Each certificate so delivered shall be in such denominations as may be requested by the Holder hereof and shall be
registered in the name of such Holder or, subject to applicable laws, such other name as shall be requested by the Holder. If, upon exercise of this Warrant, fewer than all of the shares of Warrant Stock evidenced by this Warrant are purchased prior
to the Expiration Time, one or more new warrants substantially in the form of, and on the terms in, this Warrant will be issued for the remaining number of shares of Warrant Stock not purchased upon exercise of this Warrant. The Corporation hereby
represents and warrants that all shares of Warrant Stock which may be issued upon the exercise of this Warrant will, upon such exercise, be duly and validly authorized and issued, fully paid and nonassessable and free from all taxes, liens and
charges in respect of the issuance thereof (other than liens or charges created by or imposed upon the Holder of the Warrant Stock). The Corporation agrees that the shares so issued shall be and will be deemed to be issued to such Holder as the
record owner of such shares as of the close of business on the date on which this Warrant shall have been surrendered for exercise in accordance with the terms hereof. No fractional shares or scrip representing fractional shares shall be issued upon
the exercise of this Warrant. With respect to any fraction of a share called for upon the exercise of this Warrant, an amount equal to such fraction multiplied by the then current price at which each share may be purchased hereunder shall be paid in
cash to the Holder of this Warrant. 
  

	 	4.	Registration Rights. 

  
 The Holder of the Warrant Stock shall be entitled to have those shares registered on the same terms and conditions as afforded to the holders of the
shares of the Corporation’s common stock (the “Private Placement Stock”) issuable upon exercise of the warrants that are part of the units that have been sold by Duska Scientific Co. pursuant to its Offering Memorandum, dated February
17, 2004, as 

  

 2 

 
supplemented on April 30, 2004 and June 24, 2004. The terms and conditions of the registration for the holders of the Private Placement Stock are set forth
as Exhibit A hereto, and for purposes of this Section 4, the term “Registrable Securities” in Exhibit A shall be construed to also include the shares of Warrant Stock. 
  

	 	5.	Charges, Taxes and Expenses. 

  
 Issuance of certificates for shares of Warrant Stock upon the exercise of this Warrant shall be made without charge to the Holder hereof for any issue or
transfer tax or other incidental expense in respect of the issuance of such certificate, all of which taxes and expenses shall be paid by the Corporation, and such certificates shall be issued in the name of the Holder of this Warrant or in such
name or names as may be directed by the Holder of this Warrant; provided, however, that in the event certificates for shares of Warrant Stock are to be issued in a name other than the name of the Holder of this Warrant, this Warrant when surrendered
for exercise shall be accompanied by an Assignment Form to be provided by the Corporation duly executed by the Holder hereof. 
  

	 	6.	No Rights as Stockholders. 

  
 This Warrant does not entitle the Holder hereof to any voting rights or other rights as a stockholder of the Corporation prior to the exercise hereof.

  

	 	7.	Exchange and Registry of Warrant. 

  
 This Warrant is exchangeable, upon the surrender hereof by the registered Holder at the above mentioned office or agency of the Corporation, for a new
Warrant of like tenor and dated as of such exchange. The Corporation shall maintain at the above-mentioned office or agency a registry showing the name and address of the registered Holder of this Warrant. This Warrant may be surrendered for
exchange, transfer or exercise, in accordance with its terms, at such office or agency of the Corporation, and the Corporation shall be entitled to rely in all respects, prior to written notice to the contrary, upon such registry. 
  

	 	8.	Loss, Theft, Destruction or Mutilation of Warrant. 

  
 Upon receipt by the Corporation of evidence reasonably satisfactory to it of the loss, theft, destruction or mutilation of this Warrant and in case of
loss, theft or destruction of indemnity or security reasonably satisfactory to it, and upon reimbursement to the Corporation of all reasonable expenses incidental thereto, and upon surrender and cancellation of this Warrant, if mutilated, the
Corporation will make and deliver a new Warrant of like tenor and dated as of such cancellation, in lieu of this Warrant. 
  

	 	9.	Saturdays, Sundays and Holidays. 

  
 If the last or appointed day for the taking of any action or the expiration of any right required or granted herein shall be a Saturday or a Sunday or
that is a legal holiday, then such action may be taken or such right may be exercised on the next succeeding day not a Saturday, Sunday or legal holiday. 
  

 3 

	 	10.	Merger, Sale of Assets, Etc. 

  
 If at any time the Corporation proposes to merge or consolidate with or into any other corporation, effect any reorganization, or sell or convey all or
substantially all of its assets to any other entity, then, as a condition of such reorganization, consolidation, merger, sale or conveyance, the Corporation or its successor, as the case may be, shall enter into a supplemental agreement to make
lawful and adequate provision whereby the Holder shall have the right to receive, upon exercise of the Warrant, the kind and amount of equity securities which would have been received upon such reorganization, consolidation, merger, sale or
conveyance by a Holder of a number of shares of common stock equal to the number of shares issuable upon exercise of the Warrant immediately prior to such reorganization, consolidation, merger, sale or conveyance. If the property to be received upon
such reorganization, consolidation, merger, sale or conveyance is not equity securities, the Corporation shall give the Holder of this Warrant ten (10) business days prior written notice of the proposed effective date of such transaction, and if
this Warrant has not been exercised by or on the effective date of such transaction, it shall terminate. 
  

	 	11.	Subdivision, Combination, Reclassification, Conversion, Etc. 

  
 If the Corporation at any time shall by subdivision, combination, reclassification of securities or otherwise, change the Warrant Stock into the same or a
different number of securities of any class or classes, this Warrant shall thereafter entitle the Holder to acquire such number and kind of securities as would have been issuable in respect of the Warrant Stock (or other securities which were
subject to the purchase rights under this Warrant immediately prior to such subdivision, combination, reclassification or other change) as the result of such change if this Warrant had been exercised in full for cash immediately prior to such
change. The Exercise Price hereunder shall be adjusted if and to the extent necessary to reflect such change. If the Warrant Stock or other securities issuable upon exercise hereof are subdivided or combined into a greater or smaller number of
shares of such security, the number of shares issuable hereunder shall be proportionately increased or decreased, as the case may be, and the Exercise Price shall be proportionately reduced or increased, as the case may be, in both cases according
to the ratio which the total number of shares of such security to be outstanding immediately after such event bears to the total number of shares of such security outstanding immediately prior to such event. The Corporation shall give the Holder
prompt written notice of any change in the type of securities issuable hereunder, any adjustment of the Exercise Price for the securities issuable hereunder, and any increase or decrease in the number of shares issuable hereunder. 
  

	 	12.	Transferability; Compliance with Securities Laws. 

  
 12.1 This Warrant may not be transferred or assigned in whole or in part without compliance with all applicable federal and state securities laws by the
transferor and transferee (including the delivery of investment representation letters and legal opinions reasonably satisfactory to the Corporation, if requested by the Corporation). Subject to such restrictions, prior to the Expiration Time, this
Warrant and all rights hereunder are transferable by the Holder hereof, in whole or in part, at the office or agency of the Corporation referred to in Section 2 hereof. Any such transfer shall be made in person or by the Holder’s duly
authorized attorney, upon surrender of this Warrant together with the Assignment Form attached hereto properly endorsed. 
  

 4 

 12.2 The Holder of this Warrant, by acceptance hereof, acknowledges that this Warrant and the Warrant
Stock issuable upon exercise hereof are being acquired solely for the Holder’s own account and not as a nominee for any other party, and for investment, and that the Holder will not offer, sell or otherwise dispose of this Warrant or any shares
of Warrant Stock to be issued upon exercise hereof except under circumstances that will not result in a violation of the Securities Act of 1933, as amended, or any state securities laws. Upon exercise of this Warrant, the Holder shall, if requested
by the Corporation, confirm in writing, in a form satisfactory to the Corporation, that the shares of Warrant Stock so purchased are being acquired solely for Holder’s own account and not as a nominee for any other party, for investment, and
not with a view toward distribution or resale. 
  
 12.3 The
Warrant Stock has not been and will not be registered under the Securities Act of 1933, as amended, and this Warrant may not be exercised except by (i) the original purchaser of this Warrant from the Corporation or (ii) an “accredited
investor” as defined in Rule 501(a) under the Securities Act of 1933, as amended. Each certificate representing the Warrant Stock or other securities issued in respect of the Warrant Stock upon any stock split, stock dividend, recapitalization,
merger, consolidation or similar event, shall be stamped or otherwise imprinted with a legend substantially in the following form (in addition to any legend required under applicable securities laws): 
  
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE LAWS, AND NO INTEREST THEREIN MAY BE SOLD, DISTRIBUTED, ASSIGNED, OFFERED, PLEDGED OR OTHERWISE TRANSFERRED UNLESS THERE IS AN EFFECTIVE REGISTRATION STATEMENT UNDER SUCH ACT AND APPLICABLE STATE
SECURITIES LAWS COVERING ANY SUCH TRANSACTION, OR SUCH TRANSACTION IS EXEMPT FROM THE REGISTRATION REQUIREMENTS OF SUCH ACT AND LAWS, SUCH COMPLIANCE, AT THE OPTION OF THE CORPORATION, TO BE EVIDENCED BY AN OPINION OF THE HOLDER’S COUNSEL,
ACCEPTABLE TO THE CORPORATION, THAT NO VIOLATION OF SUCH REGISTRATION PROVISIONS WOULD RESULT FROM ANY PROPOSED TRANSFER OR ASSIGNMENT. 
  

	 	13.	Representations and Warranties. 

  
 The Corporation hereby represents and warrants to the Holder hereof that: 
  
 13.1 during the period that this Warrant is outstanding, the Corporation will reserve from its authorized and unissued
common stock a sufficient number of shares to provide for the issuance of Warrant Stock upon the exercise of this Warrant; 
  
 13.2 the issuance of this Warrant shall constitute full authority to the Corporation’s officers who are charged with the duty of executing stock
certificates to execute and issue the necessary certificates for the shares of Warrant Stock issuable upon exercise of this Warrant; 
  

 5 

 13.3 the Corporation has all requisite legal and corporate power to execute and deliver this Warrant, to
sell and issue the Warrant Stock hereunder, and to carry out and perform its obligations under the terms of this Warrant; 
  
 13.4 all corporate action on the part of the Corporation, its directors and stockholders necessary for the authorization, execution, delivery and
performance of this Warrant by the Corporation, the authorization, sale, issuance and delivery of the Warrant Stock, the grant of registration rights as provided herein and the performance of the Corporation’s obligations hereunder has been
taken; 
  
 13.5 the Warrant Stock, when issued in compliance with
the provisions of this Warrant and the Corporation’s Certificate of Incorporation (as they may be amended from time to time), will be validly issued, fully paid and nonassessable, and free of all taxes, liens or encumbrances with respect to the
issue thereof, and will be issued in compliance with all applicable federal and state securities laws; and 
  
 13.6 the issuance of the Warrant Stock will not be subject to any preemptive rights, rights of first refusal or similar rights. 
  

	 	14.	Governing Law. 

  
 This Warrant shall be governed by and construed in accordance with the internal laws of the State of Nevada. 
  
 IN WITNESS WHEREOF, the Corporation has caused this Warrant to be executed by
its duly authorized officers. 
  
 Dated: August 30, 2004 
  

			
	 DUSKA THERAPEUTICS, INC.
  

	 By:
	 	  

	 	 	 Dr. Amir Pelleg, President

  

 6 

 EXHIBIT A 
  

TO COMMON STOCK PURCHASE WARRANT 
  
 1. Certain Definitions. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the
Subscription Agreement to which this Exhibit is attached. As used in this Exhibit, the following terms shall have the following respective meanings: 
  
 “Bridge Financing” means the offering of the Company’s equity securities described in the Memorandum. 
  
 “Commission” means the Securities and Exchange Commission or
any other federal agency at the time administering the Securities Act. 
  
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, or any similar federal rule or statute and the rules and regulations of the Commission thereunder, all as the same shall be in effect at the time.

  
 “Holder” and “Holders” means
(i) the Investor, (ii) any other person who purchased Units pursuant to the Memorandum or equity securities of the Company in the Bridge Financing, and (iii) any person holding Registrable Securities to whom the registration rights under any of the
Subscription Agreements have been validly transferred. 
  
 “Initiating Holders” means any Holder or other Holders who, in the aggregate, hold not less than fifty percent (50%) of the Registrable Securities. 
  
 “Investor” means the subscriber listed in the attached Subscription Agreement. 
  
 “Public Company” means Shiprock, Inc., a Nevada Corporation.

  
 “Registrable Securities” means shares of (i)
the Public Company’s Common Stock (a) issuable upon the exercise of the Warrants, and (b) previously issued upon the exercise of any Warrants; (ii) the Public Company’s Common Stock that have been issued upon exercise or are issuable upon
exercise of the warrants sold in the Bridge Financing; and (iii) any Common Stock of the Public Company issued or issuable in respect of the foregoing shares of the Public Company’s Common Stock upon any stock split, stock dividend,
recapitalization or similar event; provided, however, that securities shall only be treated as Registrable Securities if and so long as they have not been registered or sold to or through a broker or dealer or underwriter in a public
distribution or a public securities transaction. 
  
 The terms
“register,” “registered” and “registration” refer to a registration effected by preparing and filing a registration statement in compliance with the Securities Act, and the declaration or ordering
of the effectiveness of such registration statement. 
  
 “Registration Expenses” shall mean all expenses incurred by the Public Company in complying with Section 2.1, including without limitation, all registration, qualification and filing fees, printing expenses, fees and
disbursements of counsel for the Public Company, blue sky fees and expenses, the expense of any special audits incident to or required by any such registration (but excluding the compensation of regular employees of the Public Company which shall be
paid in any event by the Public Company). 
  

 A - 1 

 “Rule 144” and “Rule 145” shall mean Rules 144 and 145, respectively,
promulgated under the Securities Act, or any similar federal rules thereunder, all as the same shall be in effect at the time. 
  
 “Securities Act” shall mean the federal Securities Act of 1933, as amended, or any similar federal rule or statute and the rules and
regulations of the Commission thereunder, all as the same shall be in effect at the time. 
  
 “Selling Expenses” shall mean all underwriting discounts and selling commissions applicable to the securities registered by the Holders. 
  
 “Warrant” and “Warrants” means those Common Stock purchase warrants issued by Duska
Scientific Co. as part of the Units sold pursuant to the Duska Scientific Co. Offering Memorandum, dated February 4, 2004. 
  

	 	2.	Registration. 

  

	 	2.1	Requested Registration. 

  
 (a) Request for Registration. In case the Public Company shall receive from Initiating Holders a written request that the Public Company effect
any registration with respect to the resale by the Holders of their shares of Registrable Securities, the Public Company will: 
  
 (i) promptly give written notice of the proposed registration to all other Holders, if any; and 
  
 (ii) use its commercially reasonable best efforts to as soon as practicable
effect such registration (including, without limitation, appropriate qualification under applicable state securities laws and appropriate compliance with applicable regulations issued under the Securities Act and any other governmental requirements
or regulations) as may be so requested and as would permit or facilitate the sale and distribution by the Holders of all or such portion of such Registrable Securities as are specified in such request, together with all or such portion of the
Registrable Securities of any Holder or Holders joining in such request by delivering a written notice to such effect to the Public Company within twenty days after the date of such written notice from the Public Company. 
  
 Notwithstanding the foregoing, the Public Company shall not be obligated to
take any action to effect or complete any such registration pursuant to this Section 2.1 (including the filing of any registration statement with the Commission): 
  
 (A) Prior to October 30, 2004; 
  

 A - 2 

 (B) Unless the last reported sales price of the Common Stock as published by the principal trading
market on which the Common Stock is then quoted, has exceeded two dollars ($2.50) for twenty (20) consecutive trading days; provided, however, that this price requirement shall not apply if the Public Company is then eligible to use
Form S-3 (or any successor form to Form S-3) for transactions involving secondary offerings; 
  
 (C) If the Public Company shall furnish to the Initiating Holders a certificate signed by the President of the Public Company (i) giving notice of its bona fide intention to effect the filing of a registration
statement with the Commission for the sale of securities by the Public Company, and (ii) stating that in the good faith judgment of the Board of Directors it would be seriously detrimental to the ability to effect the offering contemplated by such
registration statement to effect the registration provided for by this Section 2.1. In such case, the Public Company’s obligation to register, qualify or comply under this Section 2.1(a) may be deferred until a period not to exceed 90 days
after the Public Company’s registration statement for its sale of shares has been declared effective or such registration has been abandoned; or 
  
 (D) If a registration statement filed pursuant to this Section 2.1 has previously been declared effective. 
  
 Subject to the foregoing clauses (A) through (D), the Public Company shall
file a registration statement covering the Registrable Securities so requested to be registered within 30 days after receipt of the request or requests of the Initiating Holders. 
  
 (b) Underwriting. If requested, the Public Company shall, together with all Holders proposing to sell their
Registrable Securities in such registration, enter into an underwriting agreement in customary form with an investment banking firm or firms selected for such underwriting by a majority in interest of the Initiating Holders, but subject to the
Public Company’s reasonable approval. The Public Company may, at its option, include shares held by other stockholders of the Public Company in any such registration statement filed under this Section 2.1. Notwithstanding the foregoing, if in
the good faith judgment of the managing underwriter of such public offering, the inclusion of all of the Registrable Securities requested to be registered would materially and adversely affect the successful marketing of the offering, then the
amount of the securities to be included in the offering shall be reduced and the Registrable Securities and the other shares to be offered shall participate in such offering as follows: (i) first, the Registrable Securities requested to be included
in such registration by the Initiating Holders, and if two or more Initiating Holders are included in the registration, pro rata among the Initiating Holders on the basis of the number of Registrable Securities owned by each such Initiating Holder,
and (ii) second, the shares requested to be included in such registration by any stockholder other than the Initiating Holders, in any manner determined by the Public Company (including in any manner specified in any agreement between the Public
Company and such other stockholders). If any Holder of Registrable Securities disapproves of the terms of the underwriting, such person may elect to withdraw therefrom by written notice to the Public Company. 
  
 2.2 Expenses of Registration. All Registration Expenses
incurred in connection with a registration pursuant to Section 2.1 shall be borne by the Public Company, including, but not limited to, printing, legal and accounting expenses, SEC filing fees and 
  

 A - 3 

 “blue sky” fees and expenses; provided, however, that the Public Company shall have no obligation
to pay or otherwise bear (i) any portion of the fees or disbursements of counsel for the Holders in connection with the registration of their Registrable Securities, (ii) any portion of the underwriter’s commissions or discounts, expense
allowance or fees or stock transfer taxes attributable to the Registrable Securities being offered and sold by the Holders of Registrable Securities, or (iii) any of such expenses if the payment of such expenses by the Public Company is prohibited
by the laws of a state in which such offering is qualified and only to the extent so prohibited. Unless otherwise stated, all Selling Expenses relating to securities registered on behalf of the Holders shall be borne by the Holders of such
securities pro rata on the basis of the number of shares so registered or proposed to be so registered. 
  
 2.3 Registration Procedures. In the case of each registration effected by the Public Company pursuant to this Exhibit, the Public Company
will keep each Holder advised in writing as to the initiation of such registration and as to the completion thereof. The Public Company will: 
  
 (a) Prepare and file with the Commission a registration statement and such amendments and supplements as may be necessary and use its commercially
reasonable best efforts to cause such registration statement to become and remain effective until (i) the first anniversary following the date the registration statement is declared effective, or (ii) the all Registrable Securities included in the
registration statement have been sold, whichever comes first, except that the Public Company shall be permitted to suspend the use of the registration statement during certain periods as set forth below in this Section 2.3; 
  
 (b) Furnish to the Holders participating in such registration and to the
underwriters of the securities being registered such reasonable number of copies of the registration statement, preliminary prospectus, final prospectus and such other documents as such underwriters may reasonably request in order to facilitate the
public offering of such securities; 
  
 Notwithstanding the
foregoing, the Public Company shall notify each Holder whose securities are included in a registration of the happening of any event which makes any statement made in the registration statement or related prospectus or any document incorporated or
deemed to be incorporated therein by reference untrue in any material respect or which requires the making of any changes in the registration statement or prospectus so that, in the case of the registration statement, it will not contain an untrue
statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein not misleading, and that in the case of the prospectus, it will not contain an untrue statement of a material
fact or omit to state a material fact necessary in order to make the statements therein, in the light of the circumstances under which they were made, not misleading. In such event, the Public Company may suspend use of the prospectus on written
notice to each participating Holder, in which case each participating Holder shall not dispose of Registrable Securities covered by the registration statement or prospectus until copies of a supplemented or amended prospectus are distributed to the
participating Holders or until the participating Holders are advised in writing by the Public Company that the use of the applicable prospectus may be resumed (the period of such suspension shall be a “Blackout Period”). The Public
Company 
  

 A - 4 

 shall ensure that the use of the prospectus may be resumed as soon as practicable. The Public Company shall, upon the
occurrence of any event contemplated by this paragraph, prepare a supplement or post-effective amendment to the registration statement or a supplement to the related prospectus or any document incorporated therein by reference or file any other
required document so that, as thereafter delivered to the purchasers of the Registrable Securities being sold thereunder, such prospectus will not contain an untrue statement of a material fact or omit to state a material fact necessary to make the
statements therein, in the light of the circumstances under which they were made, not misleading. In the event that the Public Company declares one or more Blackout Periods, the one-year anniversary period set forth in Section 2.3(a) shall be
extended by the number of days that constitute any such Blackout Periods. 
  

	 	2.4	Indemnification. 

  
 (a) The Public Company will indemnify each Holder, each of its officers and directors and partners, and each person controlling such Holder within the
meaning of Section 12 of the Securities Act, with respect to which registration has been effected pursuant to this Exhibit, against all expenses, claims, losses, damages and liabilities (or actions in respect thereof), including any of the foregoing
incurred in settlement of any litigation, commenced or threatened, arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any registration statement, prospectus, offering circular or other
document, or any amendment or supplement thereto, incident to any such registration, or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein, in the
light of the circumstances under which they were made, not misleading, or any violation by the Public Company of the Securities Act, the Exchange Act, state securities laws or any rule or regulation promulgated under such laws applicable to the
Public Company in connection with any such registration, and the Public Company will reimburse each such Holder, each of its officers and directors, and each person controlling such Holder, for any legal and any other expenses reasonably incurred,
as such expenses are incurred, in connection with investigating, preparing or defending any such claim, loss, damage, liability or action, provided that the Public Company will not be liable in any such case to the extent that any such claim, loss,
damage, liability or expense arises out of or is based on any untrue statement or omission or alleged untrue statement or omission, made in reliance upon and in conformity with written information furnished to the Public Company by or on behalf of
such Holder for use therein. 
  
 (b) Each Holder will, if
Registrable Securities held by such Holder are included in the securities as to which such registration is being effected, indemnify the Public Company, each of its officers and directors, each person who controls the Public Company within the
meaning of Section 15 of the Securities Act, each other holder of the Public Company’s securities covered by such registration statement, and each such holder’s officers and directors and each person controlling such holder within the
meaning of Section 15 of the Securities Act, against all claims, losses, damages and liabilities (or actions in respect thereof) arising out of or based on any untrue statement (or alleged untrue statement) of a material fact contained in any such
registration statement, prospectus, offering circular or other document, or any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, or any
violation by the Holder of the Securities Act, the Exchange Act, state securities laws or any rule or regulation promulgated under such laws applicable to the Holder, and will reimburse the Public Company, such other holders, such officers,
directors, or control persons for any legal or any other expenses reasonably incurred, as such expenses are incurred, in connection with investigating or defending any such claim, loss, damage, 

  

 A - 5 

 
liability or action, but in the case of the Public Company or the other holders or their officers, directors, or control persons, only to the extent that
such untrue statement (or alleged untrue statement) or omission (or alleged omission) is made in such registration statement, prospectus, offering circular or other document in reliance upon and in conformity with information furnished to the Public
Company in writing by such Holder. Notwithstanding the foregoing, the liability of each Holder under this Section 2.4(b) shall be limited to an amount equal to the net proceeds from the offering received by such Holder. A Holder will not be required
to enter into any agreement or undertaking in connection with any registration under this Section 2 providing for any indemnification or contribution on the part of such Holder greater than the Holder’s obligations under this Section 2.4(b).

  
 (c) Each party entitled to indemnification under this Section
2.4 (the “Indemnified Party”) shall give notice to the party required to provide indemnification (the “Indemnifying Party”) promptly after such Indemnified Party has actual knowledge of any claim as to which
indemnity may be sought, and shall permit the Indemnifying Party to assume the defense of any such claim or any litigation resulting therefrom, provided that counsel for the Indemnifying Party, who shall conduct the defense of such claim or
litigation, shall be approved by the Indemnified Party (whose approval shall not unreasonably be withheld), and the Indemnified Party may participate in such defense at such party’s expense, and provided further that the failure of any
Indemnified Party to give notice as provided herein shall not relieve the Indemnifying Party of its obligations under this Exhibit unless the failure to give such notice is materially prejudicial to an Indemnifying Party’s ability to defend
such action and provided further, that the Indemnifying Party shall not assume the defense for matters as to which there is a conflict of interest or there are separate and different defenses. No Indemnifying Party, in the defense of any such claim
or litigation, shall, except with the consent of each Indemnified Party (whose consent shall not be unreasonably withheld), consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the
giving by the claimant or plaintiff to such Indemnified Party of a release from all liability in respect to such claim or litigation. 
  
 (d) Notwithstanding the foregoing, to the extent that the provisions on indemnification and contribution contained in the underwriting agreement entered
into in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting agreement shall control. 
  
 3. Termination of Registration Rights. The rights granted pursuant to Section 2.1 of this Exhibit shall
terminate as to any Holder upon the third anniversary of the date that the Warrants are issued. 
  
 4. Transfer of Rights. The rights granted under Section 2 of this Exhibit may be assigned to any transferee or assignee in connection with
any transfer or assignment by the Holder of such Holder’s Warrants or Registrable Securities, provided that: (i) such transfer is otherwise effected in accordance with applicable securities laws and the terms of this Exhibit; (ii) written
notice is promptly given to the Public Company; and (iii) such transferee or assignee agrees in writing to be bound by the provisions of this Exhibit and by any other agreement reasonably necessary to ensure compliance with the Federal and state
securities laws. 
  

 A - 6 

 5. Lock-Up. In the event the Public Company seeks to sell shares of its securities in an
underwritten public offering, the Public Company may, at the request of the underwriter for such offering, impose on each Holder a so-called “lock-up” period in connection with the public offering of not more than twelve months from the
effective date of the registration statement for the public offering covering all of the Holder’s shares of the Public Company’s common stock. 
  

 A - 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00071-of-00352.parquet"}]]