REGISTRATION RIGHTS AGREEMENT BETWEEN PIONEER COMPANIES, INC., AS ISSUER, AND CIBC WORLD MARKETS CORP., AND CRT CAPITAL GROUP LLC AS INITIAL PURCHASERS, DATED AS OF MARCH 26, 2007Registration Rights Agreement • March 28th, 2007 • Pioneer Companies Inc • Chemicals & allied products • New York
REGISTRATION RIGHTS AGREEMENT dated as of March 26, 2007 (this “Agreement”), between Pioneer Companies, a Delaware corporation (the “Company”), CIBC World Markets Corp. (“CIBC”) and CRT Capital Group LLC (together with CIBC, the “Initial Purchasers”). In order to induce CIBC, as representative of the Initial Purchasers, to enter into the Purchase Agreement, dated March 20, 2007 (the “Purchase Agreement”), between the Company and CIBC, as representative of the Initial Purchasers, the Company has agreed to provide the registration rights set forth in this Agreement.
