REGISTRATION RIGHTS AGREEMENT
This Registration Rights Agreement (this Agreement) is made and entered into as of January 30, 2020, by and among StoneMor Inc., a Delaware corporation (StoneMor), and each of the other parties listed on the signature pages hereto (the Initial Holders and, together with the Company, the Parties).
1. Definitions. As used in this Agreement, the following terms have the meanings indicated below.
Agreement has the meaning set forth in the preamble.
AIM means American Cemeteries Infrastructure Investors LLC.
Automatic Shelf Registration Statement means an automatic shelf registration statement as defined under Rule 405.
Axar means Axar Capital Management, LP, Axar GP, LLC, Axar Master Fund, Ltd. and any fund or account managed by Axar Capital Management, LP.
Blackout Period has the meaning set forth in Section 3(o).
Board means the board of directors of the Company.
Business Day means, with respect to the recipient of any notice, any day except a Saturday, Sunday or other day on which commercial banks in New York, NY are authorized or required by law to close.
Commission means the Securities and Exchange Commission or any other federal agency then administering the Securities Act or Exchange Act.
Common Stock means the common stock, par value $0.01 per share, of the Company.
Company means StoneMor.
Company Securities means any equity interest of any class or series in the Company.
Demand Holder means AIM and Axar and each transferee of Sponsor Registrable Securities directly or indirectly (in a chain of title) from a Sponsor if such transferee to whom the right to request a Demand Registration under Section 2(b) has been expressly assigned in writing directly or indirectly (in a chain of title) from a Sponsor as permitted by Section 2(c)(iv) hereof.
Demand Notice has the meaning set forth in Section 2(b)(i).
Demand Registration has the meaning set forth in Section 2(b)(i).