Registration Rights Agreement Dated As of December 13, 2005 between SafeNet, Inc. and Merrill Lynch, Pierce, Fenner & Smith IncorporatedRegistration Rights Agreement • December 15th, 2005 • Safenet Inc • Radio & tv broadcasting & communications equipment • New York
This Agreement is made pursuant to the Purchase Agreement, dated as of December 7, 2005, among the Company and the Initial Purchaser (the “Purchase Agreement”), which provides for the sale by the Company to the Initial Purchaser of an aggregate of $225,000,000 aggregate principal amount ($250,000,000 principal amount if the Initial Purchaser exercises its option in full) of the Company’s 2.5% Convertible Subordinated Notes due 2010 (the “Notes” and together with the shares of common stock of the Company into which the Notes are convertible, the “Securities”). In order to induce the Initial Purchaser to enter into the Purchase Agreement, the Company has agreed to provide the registration rights set forth in this Agreement. The execution of this Agreement is a condition to the closing under the Purchase Agreement.
