REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • March 21st, 2011 • Z Trim Holdings, Inc • Grain mill products • Illinois
This Registration Rights Agreement (the "Agreement") is made and entered into as of this ___day of March, 2011 by and among Z Trim Holdings Inc., an Illinois corporation (the "Company") and the investor whose name appears on the signature page hereof (the "Investor" ), who has purchased Units consisting of 2,000 shares of the Series II, 8%, Convertible Preferred Stock, par value $0.01 per share with an original issue price of $5.00 per share (the "Series II Preferred Stock"), convertible at the rate of $1.00 per share into shares of common stock, $.00005 par value (the "Common Stock") of the Company and a five year warrant exercisable for 15,000 shares of the Common Stock at an exercise price of $1.50 per share (the "Warrants"), offered in a private placement (the "Offering") by the Company. Such Investor and any of its Affiliates or permitted transferees who are subsequent holders of any Warrant or Registrable Securities are each referred to herein as an "Investor" and, collectively,
