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Exhibit 10.44


REGISTRATION RIGHTS AGREEMENT

        AGREEMENT (this "Agreement"), dated as of July 31, 2002, by and among WH HOLDINGS (CAYMAN ISLANDS) LTD. (the "Company"), a Cayman Islands company, WHITNEY V, L.P., a Delaware limited partnership, WHITNEY STRATEGIC PARTNERS V, L.P., a Delaware limited partnership and WH INVESTMENTS LTD., a Cayman Islands company (together, "Whitney V"), and CCG INVESTMENTS (BVI), L.P., a British Virgin Islands limited partnership, CCG ASSOCIATES-QP, LLC, a Delaware limited liability company, CCG ASSOCIATES-AI, LLC, a Delaware limited liability company, CCG INVESTMENT FUND-AI, LP, a Delaware liability partnership, CCG AV, LLC—SERIES C, a Delaware limited liability company and CCG AV, LLC—SERIES E, a Delaware limited liability company (collectively, "Golden Gate Fund" and together with Whitney V, the "Purchasers"), and the other shareholders of the Company who from time to time are signatories to this Agreement (the "Other Shareholders").


WITNESSETH:

        WHEREAS, pursuant to the terms of the Share Purchase Agreement (the "Purchase Agreement"), dated as of the date hereof, by and among the Company, Whitney V and Golden Gate Fund, (i) Whitney V will purchase from the Company certain shares (the "Whitney V Shares") of 12% Series A Cumulative Convertible Preferred Shares, $0.001 par value per share, of the Company ("Preferred Shares") and (ii) Golden Gate Fund will purchase from the Company certain Preferred Shares ("Golden Gate Shares").

        WHEREAS, as a condition precedent to the Purchasers consummating the transactions in the Purchase Agreement, the Company is required to duly execute and deliver this Agreement.

        WHEREAS, it is the intention of the Purchasers and the Company that the Other Shareholders who purchase Preferred Shares ("Other Shareholder Shares") shall be entitled to the benefits of this Agreement to the extent set forth herein.

        WHEREAS, the Company and the other parties hereto desire to provide for the circumstances under which the Company will register securities of the Company on behalf of such other parties.

        NOW, THEREFORE, as an inducement to the Purchasers to consummate the transactions contemplated by the Purchase Agreement and in consideration of the premises and of the mutual covenants and obligations hereinafter set forth, the Company hereby covenants and agrees with the other parties hereto, and with each subsequent holder of Restricted Securities (as such term is defined herein), as follows:

        SECTION 1.    Definitions.    As used herein, the following terms shall have the following respective meanings:


        SECTION 2.    Required Registration.    (a) At any time a Threshold Amount of Institutional Investors may, by written notice, request that the Company register under the Securities Act all or any portion of the shares of Restricted Shares held by such requesting holders (or which would be held by such requesting holders, upon conversion of the Whitney V Shares or Golden Gate Shares owned by such requesting holders) for sale in the manner specified in such notice; provided, however, that the Company shall not be obligated to register Restricted Shares pursuant to such request: (i) subject to Section 3(a) below, during the period beginning 30 days prior to the filing, and ending on a date 90 days following the effective date, of a registration statement filed by the Company relating to an

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underwritten offering only of the Company's share capital (other than a registration statement for the Company's share capital which does not give rise to incidental registration rights pursuant to Section 3(a) below) provided that the Company is actively employing in good faith its best efforts to cause such registration statement to become effective; or (ii) if counsel to the Company opines in writing to the requesting holders that the filing of such a registration statement would require the disclosure of material non-public information about the Company that the Company is not otherwise required to disclose, the disclosure of which could have a material adverse effect on the business or financial condition of the Company, in which event no such registration statement need be filed until the earlier of the lapse of 60 days from the issuance of the opinion of Company counsel or such information is no longer required to be disclosed, is not material or non-public, or its disclosure would not have a material adverse effect on the business or financial condition of the Company; provided, however, that the Company may not exercise its right under this clause (ii) more than once in any 12-month period. Notwithstanding anything to the contrary contained herein, no request may be made under this Section 2 within 180 days after the effective date of a registration statement filed by the Company covering a firm commitment underwritten public offering in which the holders of Restricted Shares shall have been entitled to join pursuant to this Section 2 or Section 3 hereof and in which there shall have been effectively registered all shares of Restricted Shares as to which registration shall have been so requested.

        (b)   Promptly following receipt of any notice under this Section 2, the Company shall immediately notify all other Institutional Investors and, in the case of an Initial Public Offering, the Other Shareholders, from whom notice has not been received and shall file and use its best efforts to have declared effective a registration statement under the Securities Act for the public sale, in accordance with the method of disposition specified in such notice from the requesting holders, of the number of shares of Restricted Shares specified in such notice (and in any notices received from other Institutional Investors, or, as the case may be, Other Shareholders, which are holders of Restricted Shares within 20 days after the date of such notice from the Company). If such method of disposition shall be an underwritten public offering, the Threshold Amount of the Institutional Investors may designate the managing underwriter of such offering, subject to the approval of the Company, which approval shall not be unreasonably withheld. The number of shares of Restricted Shares to be included in such an underwriting may be reduced (pro rata among all holders requesting, under this Section 2, to participate in such registration) if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely affect the marketing of the securities to be sold therein. With respect to the preceding sentence, if the Company elects to reduce pro rata the amount of Restricted Shares proposed to be offered in the underwriting, for purposes of making any such reduction, each holder of Restricted Shares which is a partnership, together with the affiliates, partners, employees, retired partners and retired employees of such holder, the estates and family members of any such partners, employees, retired partners and retired employees and of their spouses, and any trusts for the benefit of any of the foregoing persons shall be deemed to be a single "person", and any pro rata reduction with respect to such "person" shall be based upon the aggregate number of shares of Restricted Shares owned by all entities and individuals included as such "person," as defined in this sentence (and the aggregate number so allocated to such "person" shall be allocated among the entities and individuals included in such "person" in such manner as such holders of Restricted Shares may reasonably determine). The Company shall be obligated to register Restricted Shares pursuant to requests made under this Section 2 on two occasions only; provided, however, that as to any such occasion such obligation shall be deemed satisfied only when a registration statement covering all shares of Restricted Shares specified in notices received as aforesaid, for sale in accordance with the method of disposition specified by the requesting holders, shall have become effective and, if such method of disposition is a firm commitment underwritten public offering, all such shares shall have been sold pursuant thereto.

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        (c)   The Company shall be entitled to include in any registration statement referred to in this Section 2 for which the method of distribution is an underwritten public offering, for sale in accordance with the method of disposition specified by the requesting holders, shares of Common Shares to be sold by the Company for its own account, except as and to the extent that, in the opinion of the managing underwriter (if such method of disposition shall be an underwritten public offering), such inclusion would adversely affect the marketing of the Restricted Shares to be sold. Except in the case of an Initial Public Offering in Section 2(b), no securities shall be included in any registration statement referred to in this Section 2 without the prior written consent of the holders of a majority in interest of the Institutional Investors' Restricted Shares requested to be included in such registration. Except with respect to registration statements on Form S-8, the Company will not file with the Commission any other registration statement with respect to its Common Shares, whether for its own account or that of other shareholders, from the date of receipt of a notice from requesting holders pursuant to this Section 2 until the completion of the period of distribution of the registration contemplated thereby.

        SECTION 3.    Incidental Registration; Form S-3 Registration.    (a) If the Company at any time (other than pursuant to Section 2 hereof, unless the consent required pursuant to Section 2(c) has been obtained) proposes to register any of its securities under the Securities Act for sale to the public, whether for its own account or for the account of other security holders or both (except with respect to registration statements on Form S-8 or another form, which is not available for registering Restricted Shares for sale to the public), each such time it will give prompt written notice to all holders of Restricted Shares of its intention to do so. Upon the written request of any such holder, given within 20 days after the date of any such notice, to register any of its Restricted Shares (which request shall state the intended method of disposition thereof), the Company will cause the Restricted Shares as to which registration shall have been so requested to be included in the securities to be covered by the registration statement proposed to be filed by the Company, all to the extent requisite to permit the sale or other disposition by the holder (in accordance with its written request) of such Restricted Shares so registered; provided, however, that if an Institutional Investor remains a shareholder no holder who is not an Institutional Investor may require the Company to register Restricted Shares owned by such holder unless at least one Institutional Investor has made such request to register any of its Restricted Shares. The Company may withdraw any such registration statement before it becomes effective or postpone the offering of securities contemplated by such registration statement without any obligation to the holders of any Restricted Shares. In the event that any registration pursuant to this Section 3 shall be, in whole or in part, an underwritten public offering of Common Shares, such Restricted Shares shall be included in the underwriting on the same terms and conditions as the shares of Common Shares otherwise being sold through underwriters under such registration. The number of shares of Common Shares, including, without limitation Restricted Shares, to be included in such an underwriting may be reduced (pro rata among the requesting holders of Restricted Shares) if and to the extent that the managing underwriter shall be of the opinion that such inclusion would adversely affect the marketing of the securities to be sold by the Company therein; provided, however, that if any shares are to be included in such underwriting for the account of any person other than the Company or any holder of Restricted Shares, the number of shares to be included by any such person shall be reduced first to zero, if necessary, before any Restricted Shares are reduced. With respect to the cutbacks described in the preceding sentence, if the Company elects to reduce pro rata the amount of Restricted Shares proposed to be offered in the underwriting for the accounts of holders of Restricted Shares, for purposes of making any such reduction, each holder of Restricted Shares which is a partnership, together with the affiliates, partners, employees, retired partners and retired employees of such holder, the estates and family members of any such partners, employees, retired partners and retired employees and of their spouses, and any trusts for the benefit of any of the foregoing persons shall be deemed to be a single "person," and any pro rata reduction with respect to such "person" shall be based upon the aggregate number of shares of Restricted Shares owned by all entities and

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individuals included as such "person", as defined in this sentence (and the aggregate number so allocated to such "person" shall be allocated among the entities and individuals included in such "person" in such manner as such holders of Restricted Shares may reasonably determine).

        (b)   If, at a time when Form S-3 is available for such registration, the Company shall receive from any Institutional Investor or Other Shareholder a written request or requests that the Company effect a registration on Form S-3 of any of such holder's Restricted Shares, the Company will promptly give written notice of the proposed registration to all other holders of Restricted Shares and, as soon as practicable, effect such registration and all such related qualifications and compliances as may be requested and as would permit or facilitate the sale and distribution of all Restricted Shares as are specified in such request and any written requests of other holders of Restricted Shares given within 20 days after receipt of such notice. The Company shall not be required to file a registration statement under Form S-3 if it would not be required to file a registration statement under Section 2 hereof pursuant to Section 2(a)(ii). The Company shall have no obligation to effect a registration under this Section 3(b) unless the aggregate offering price of the securities requested to be sold pursuant to such registration is, in the good faith judgment of the Company, expected to be equal to or greater than $10,000,000. Any registration under this Section 3(b) will not be counted as a registration under Section 2 above.

        SECTION 4.    Registration Procedures.    If and whenever the Company is required by the provisions of Section 2 or 3 hereof to effect the registration of any Restricted Shares under the Securities Act, the Company will, as expeditiously as possible:

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        For purposes of Sections 4(a) and (b) above and of Section 2(c) hereof, the period of distribution of Restricted Shares in a firm commitment underwritten public offering shall be deemed to extend until each underwriter has completed the distribution of all securities purchased by it, and the period of distribution of Restricted Shares in any other registration shall be deemed to extend until the earlier of the sale of all Restricted Shares covered thereby or nine months after the effective date thereof.

        In connection with each registration hereunder, the selling holders of Restricted Shares will furnish to the Company in writing such information with respect to themselves and the proposed distribution by them as shall be necessary in order to assure compliance with Federal and applicable state securities laws.

        In connection with each registration pursuant to Sections 2 and 3 hereof covering an underwritten public offering, the Company agrees to enter into such customary agreements (including underwriting agreements) as the managing underwriter selected in the manner herein provided may request in such form and containing such provisions as are customary in the securities business for such an arrangement between major underwriters and companies of the Company's size and investment stature,

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provided that such agreement shall not contain any such provision applicable to the Company which is inconsistent with the provisions hereof.

        The Company agrees (i) not to effect any public sale or distribution of its share capital or any securities convertible into or exchangeable or exercisable for such securities, during the seven days prior to and during the 180-day period beginning on the effective date of any registration statement (except as part of such underwritten registration pursuant to the terms hereof or pursuant to registrations on Forms S-4 or S-8 or any successor forms), unless the underwriters managing such public offering otherwise agree, and (ii) to use its commercially reasonable best efforts to cause each holder of at least 5% (on a fully diluted basis) of its share capital, or any securities convertible into or exchangeable or exercisable for its share capital (other than in a public offering pursuant to the terms hereof) to agree not to effect any public sale or distribution (including sales pursuant to Rule 144 under the Securities Act) of any such securities during such period (except as part of such underwritten offering, if otherwise permitted pursuant to the terms hereof), unless the underwriters managing such public offering otherwise agree.

        Notwithstanding anything to the contrary contained in this Agreement, in the event that there is an underwritten public offering of securities of the Company pursuant to a registration statement covering Restricted Shares, except to the extent that: (A) a holder of Restricted Securities has elected to sell his, her or its Restricted Shares to the underwriters of the Company's securities in connection with such offering or (B) the underwriters do not request the following restrictions, such holder shall not (i) offer, hedge, pledge, sell or contract to sell any such Restricted Securities or securities convertible into or exchangeable for Restricted Securities, (ii) sell any option or contract to purchase any Restricted Securities or any securities convertible into or exercisable or exchangeable for Restricted Securities, (iii) purchase any option or contract to sell any Restricted Securities or any securities convertible into or exchangeable or exercisable for Restricted Securities, (iv) grant any option, right or warrant for the sale of any Restricted Securities or any securities convertible into or exercisable or exchangeable for Restricted Securities, or (v) lend or otherwise dispose of or transfer any Restricted Securities or any securities convertible into or exercisable or exchangeable for Restricted Securities during the seven days prior to and during the 180 day period beginning on the effective date of any registration statement; provided, however, that such holder shall, in any event, be entitled to sell its Restricted Securities commencing on the 180th day after the effective date of such registration statement.

        Any holder of Restricted Securities, and their permitted transferees, receiving any written notice from the Company regarding the Company's plans to file a registration statement shall treat such notice confidentially and shall not disclose such information to any person other than as necessary to exercise its rights under this Agreement.

        SECTION 5.    Expenses.    All expenses incurred by the Company in complying with Sections 2, 3, 4 and 10 hereof, including, without limitation, all registration and filing fees, fees and expenses of compliance with securities and blue sky laws, fees and expenses in connection with any listing of the Common Shares on a securities exchange or inter-dealer quotation system, printing expenses, fees and disbursements of counsel and independent public accountants for the Company, and the fees and disbursements of the underwriters, fees of the National Association of Securities Dealers, Inc., transfer taxes, fees of transfer agents and registrars and costs of insurance and fees and expenses of one counsel for the sellers of Restricted Shares, but excluding any Selling Expenses (as defined below), are herein called "Registration Expenses". All underwriting discounts and selling commissions applicable to the sale of Restricted Shares are herein called "Selling Expenses." The Company will pay all Registration Expenses in connection with each registration statement filed pursuant to Section 2 or 3 hereof, whether or not such registration becomes effective. All Selling Expenses incurred in connection with any sale of Restricted Shares by any participating seller shall be borne by such participating seller, or by such persons other than the Company (except to the extent the Company shall be a seller) as they may agree.

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        SECTION 6.    Indemnification.    In the event of a registration of any of the Restricted Shares under the Securities Act pursuant to Section 2 or 3 hereof, the Company will indemnify and hold harmless each seller of such Restricted Shares thereunder and each underwriter of such Restricted Shares thereunder and their respective officers, directors and employees and each other person, if any, who controls such seller or underwriter within the meaning of the Securities Act, against any and all losses, claims, damages, expenses or liabilities, joint or several, to which such person may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in any registration statement under which such Restricted Shares was registered under the Securities Act pursuant to Section 2 or 3, any preliminary prospectus or final prospectus contained therein, any amendment or supplement thereof, any materials or information provided to investors by, or with the approval of, the Company in connection with the marketing of the offering of the Restricted Shares, including any roadshow or investor presentations made to investors by the Company (whether in person or electronically), or any application, filing or other material filed, registered, distributed or otherwise furnished by the Company or with the consent of the Company in connection with the securities laws of any state or political subdivision thereof, including any blue sky application, or arise out of or are based upon the omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, and will reimburse each such person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability, expense or action; provided, however, that the Company will not be liable in any such case if and to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission so made in conformity with information furnished by such person in writing specifically for use in such registration statement or prospectus.

        In the event of a registration of any of the Restricted Shares under the Securities Act pursuant to Section 2 or 3 hereof, each seller of such Restricted Shares thereunder, severally and not jointly, will indemnify and hold harmless the Company and each person, if any, who controls the Company within the meaning of the Securities Act, each officer of the Company who signs the registration statement, each director of the Company, each underwriter and each person who controls any underwriter within the meaning of the Securities Act, against all losses, claims, damages, expenses or liabilities to which the Company or such officer or director or underwriter or controlling person may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages, expenses or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in the registration statement under which such Restricted Shares were registered under the Securities Act pursuant to Section 2 or 3, any preliminary prospectus or final prospectus contained therein, or any amendment or supplement thereof, or arise out of or are based upon the omission or alleged omission to state therein a 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 will reimburse the Company and each such officer, director, underwriter and controlling person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such loss, claim, damage, liability or action; provided, however, that such seller will be liable hereunder in any such case if and only to the extent that any such loss, claim, damage or liability arises out of or is based upon an untrue statement or alleged untrue statement or omission or alleged omission made in reliance upon and in conformity with information pertaining to such seller, as such, furnished in writing to the Company by such seller specifically for use in such registration statement or prospectus; provided, further, however, that the liability of each seller hereunder shall be limited to the proportion of any such loss, claim, damage, liability or expense which is equal to the proportion that the public offering price of the shares sold by such seller under such registration statement bears to the total public offering price of all securities

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sold thereunder, but not to exceed the net proceeds received by such seller from the sale of Restricted Shares covered by such registration statement.

        Promptly after receipt by an indemnified party hereunder of notice of the commencement of any action, such indemnified party shall, if a claim in respect thereof is to be made against the indemnifying party hereunder, notify the indemnifying party in writing thereof, but the omission so to notify the indemnifying party shall not relieve it from any liability which it may have to any indemnified party under this Section 6. In case any such action shall be brought against any indemnified party and it shall notify the indemnifying party of the commencement thereof, the indemnifying party shall be entitled to participate in and, to the extent it shall wish, to assume and undertake the defense thereof with counsel reasonably satisfactory to such indemnified party, and, after notice from the indemnifying party to such indemnified party of its election to assume and undertake the defense thereof, the indemnifying party shall not be liable to such indemnified party under this Section 6 for any legal expenses subsequently incurred by such indemnified party in connection with the defense thereof other than reasonable costs of investigation and of liaison with counsel so selected; provided, however, that, if the indemnified party shall have reasonably concluded that there may be reasonable defenses available to it which are different from or additional to those available to the other party or parties thereto or if the interests of the indemnified party reasonably may be deemed to conflict with the interests of the other party or parties thereto, the indemnified party shall have the right to select a separate counsel and to assume such legal defenses and otherwise to participate in the defense of such action, with the expenses and fees of such separate counsel and other expenses related to such participation to be reimbursed by the indemnifying party as incurred.

        Notwithstanding the foregoing, any indemnified party shall have the right to retain its own counsel in any such action, but the fees and disbursements of such counsel shall be at the expense of such indemnified party unless (i) the indemnifying party shall have failed to retain counsel for the indemnified party as aforesaid, (ii) the indemnified party shall have reasonably concluded that there may be reasonable defenses available to it which are different from or additional to those available to the indemnifying party or that the interests of the indemnified party conflict with the interests of the indemnifying party, or (iii) the indemnifying party and such indemnified party shall have mutually agreed to the retention of such counsel. It is understood that the indemnifying party shall not, in connection with any action or related actions in the same jurisdiction, be liable for the fees and disbursements of more than one separate firm qualified in such jurisdiction to act as counsel for the indemnified parties. The indemnifying party shall not (i) without the prior written consent of the indemnified parties (which consent shall not be unreasonably withheld), settle or compromise or consent to the entry of any judgment with respect to any pending or threatened claim, action, suit or proceeding in respect of which indemnification or contribution may be sought hereunder (whether or not the indemnified parties are actual or potential parties to such claim or action) unless such settlement, compromise or consent includes an unconditional release of each indemnified party from all liability arising out of such claim, action, suit or proceeding, or (ii) be liable for any settlement of any proceeding effected without its written consent (which consent shall not be unreasonably withheld), but if settled with such consent or if there be a final judgment for the plaintiff, the indemnifying party agrees to indemnify the indemnified party from and against any loss or liability by reason of such settlement or judgment. If the indemnification provided for in the first two paragraphs of this Section 6 is unavailable to or insufficient to hold harmless an indemnified party under such paragraphs in respect of any losses, claims, damages or liabilities or actions referred to therein, then each indemnifying party shall in lieu of indemnifying such indemnified party contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or actions in such proportion as appropriate to reflect the relative fault of the Company, on the one hand, and the sellers of such Restricted Shares, on the other, in connection with the statement or omissions which resulted in such losses, claims, damages, liabilities or actions, as well as any other relevant equitable considerations including, without limitation, the failure to give any notice under the third paragraph of this Section 6.

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The relative fault 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 the Company, on the one hand, or by the sellers of such Restricted Shares, on the other hand, and to the parties' relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission.

        The Company and the sellers of Restricted Shares agree that it would not be just and equitable if contribution pursuant to this Section 6 were determined by pro rata allocation (even if all of the sellers of Restricted Shares were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or actions referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this and the immediately preceding paragraph, the sellers of such Restricted Shares shall not be required to contribute any amount in excess of the amount of net proceeds received by each of them from the sale of Restricted Shares covered by such registration statement. 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 is not guilty of such fraudulent misrepresentation. The indemnification of underwriters provided for in this Section 6 shall be on such other terms and conditions as are at the time customary and reasonably required by such underwriters and the indemnification of the sellers of Restricted Shares in such underwriting shall, at the sellers' request, be modified to conform to such terms and conditions. Upon the reasonable request of any shareholder selling Restricted Shares pursuant to a registration statement or any underwriter of such shares, the Company shall obtain, if reasonably available, an insurance policy covering the risks described above in this Section 6 in an amount and with a deductible reasonably requested by such seller or underwriter and naming such seller, any underwriter of such shares and any person controlling such seller or underwriter as beneficiaries. The costs of obtaining and maintaining any such insurance shall be borne by the Company.

        The indemnification provided for under this Agreement will remain in full force and effect regardless of any investigation made by or on behalf of the indemnified party or any officer, director or controlling person of such indemnified party and will survive the transfer of securities.

        SECTION 7.    Changes in Common Shares.    If, and as often as, there are any changes in the Common Shares by way of stock split, stock dividend; combination or reclassification, or through merger, consolidation, reorganization or recapitalization, or by any other means, appropriate adjustment shall be made in the provisions hereof, as may be required, so that the rights and privileges granted by this Agreement shall continue with respect to the Common Shares as so changed.

        SECTION 8.    Other Registration Rights.    Except as provided in this Agreement, the Company will not grant to any person the right to request the Company to register any Common Shares, or any securities convertible or exchangeable into or exercisable for Common Shares, which are superior to or pari passu with the rights granted to the holders of Restricted Shares hereunder, without the prior written consent of the Threshold Amount of the Institutional Investors and the directors designated by the Other Shareholders who are also distributors of the Company (the "Distributor Directors"); provided, however, if at the time there are no Distributor Directors, the prior written consent shall be given by not less than a majority in interest of the Other Shareholders. The consent of the Distributor Directors is given in their capacity as representatives of the distributors not in their capacity as a director of the Company. The Company will not enter into any agreement inconsistent with the terms of this Agreement.

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        SECTION 9.    Representations and Warranties of the Company.    The Company represents and warrants to each of the other parties hereto as follows (which representations and warranties shall survive the execution and delivery of this Agreement):

        SECTION 10.    Rule 144 Reporting.    The Company agrees with each of the other parties hereto as follows:

        SECTION 11.    Miscellaneous.    (a) The obligations and rights of the Company and the holders of Restricted Securities under Sections 2 and 3 shall terminate following the closing of an Initial Public Offering (x) as to any holder of Restricted Securities when (i) such holder is no longer an "affiliate" as used in Rule 144 and (ii) such holder is permitted to sell all Restricted Shares then held by him, her or it pursuant to Rule 144(k) and (y) for that number of Restricted Shares which may otherwise be included in a registration statement where the holder thereof is permitted to sell such Restricted Shares pursuant to Rule 144(b).

        (b)   All covenants and agreements contained in this Agreement by or on behalf of any of the parties hereto shall bind and inure to the benefit of the respective successors and assigns of the parties hereto whether so expressed or not. Without limiting the generality of the foregoing, the registration rights conferred herein on the holders of Restricted Securities shall inure to the benefit of any and all subsequent holders from time to time of the Restricted Securities.

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        (c)   All notices, demands and other communications provided for or permitted hereunder shall be made in writing and shall be by registered or certified first-class mail, return receipt requested, telecopier (with receipt confirmed), courier service or personal delivery:

or to such other address or addresses as shall have been furnished in writing to the other parties hereto. Each party hereto agrees, at all times, to provide the Company with an address for notices hereunder.

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        All such notices and communications shall be deemed to have been duly given: when delivered by hand, if personally delivered; when delivered by courier, if delivered by commercial overnight courier service; if mailed, five Business Days after being deposited in the mail, postage prepaid; or if telecopied, when receipt is acknowledged.

        (d)   This agreement shall be governed by, construed in accordance with, and enforced under, the law of the State of New York applicable to agreements or instruments entered into and performed entirely within such State.

        (e)   (i) Each party to this agreement hereby irrevocably agrees that any legal action or proceeding arising out of or relating to this Agreement or the transactions contemplated hereby may be brought in the courts of the State of New York or of the United States of America for the Southern District of New York and hereby expressly submits to the personal jurisdiction and venue of such courts for the purposes thereof and expressly waives any claim of improper venue and any claim that such courts are an inconvenient forum. Each party hereby irrevocably consents to the service of process of any of the aforementioned courts in any such suit, action or proceeding by the mailing of copies thereof by registered or certified mail, postage prepaid, to its address set forth in Section 11(c), such service to become effective ten days after such mailing.

        (ii)   Each of the parties hereto waives its right to a jury trial with respect to any action or claim arising out of any dispute in connection with this Agreement, any rights or obligations hereunder or the performance of such rights and obligations. Except as prohibited by law, each of the parties hereto hereby waives any right it may have to claim or recover in any litigation referred to in the preceding sentence any special, exemplary, punitive or consequential damages or any damages other than, or in addition to, actual damages. The Company (x) certifies that no representative, agent or attorney for a holder of Restricted Securities has represented, expressly or otherwise, that any holder of Restricted Securities would not, in the event of litigation, seek to enforce the foregoing waivers and (y) acknowledges that each holder of Restricted Securities has been induced to enter into this agreement by, among other things, the waivers and certifications contained herein.

        (f)    This Agreement constitutes the entire agreement of the parties with respect to the subject matter hereof and may not be modified or amended except in writing by the agreement of the Threshold Amount of the Institutional Investors; provided such modification or amendment shall not adversely affect the Other Shareholders without the consent of not less than a majority in interest of the Other Shareholders.

        (g)   Telefacsimile transmissions of any executed original document and/or retransmission of any executed telefacsimile transmission shall be deemed to be the same as the delivery of an executed original. At the request of any party hereto, the other parties hereto shall confirm telefacsimile transmissions by executing duplicate original documents and delivering the same to the requesting party or parties. 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.

        (h)   The Company (on the one hand) and the holders of Restricted Shares (on the other hand) agree that any amendment to the Federal securities laws and regulations promulgated thereunder (and related registration forms), and related state securities laws shall not affect the substantive registration requirements (and other obligations of the Company) set forth in this Agreement; and, following any such amendment, the Company shall continue to be required to cause the registration of Restricted Shares (and pay all Registration Expenses and provide indemnification) under the Federal securities laws, as amended, in a manner consistent to carry out the intent and purposes of (and on terms as similar as practicable as the terms set forth in) this Agreement.

14



        (i)    If any one or more of the provisions contained in this Agreement, or the application thereof in any circumstance, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions hereof shall not be in any way impaired, unless the provisions held invalid, illegal or unenforceable shall substantially impair the benefits of the remaining provisions of this Agreement. The parties hereto further agree to replace such invalid, illegal or unenforceable provision of this Agreement with a valid, legal and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such invalid, illegal or unenforceable provision.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

15


[Signature Page to Registration Rights Agreement]

        IN WITNESS WHEREOF, the parties hereto have executed this Agreement on the date first above written.

    WH HOLDING (CAYMAN ISLANDS) LTD.

 

 

By:

/s/  
[ILLEGIBLE]      
      Name:
      Title:

 

 

WH INVESTMENTS LTD.

 

 

By:

/s/  
[ILLEGIBLE]      
      Name:
      Title:

[Signature Page to Registration Rights Agreement]

    WHITNEY V, L.P.

 

 

By:

Whitney Equity Partners V, LLC,
Its General Partner

 

 

By:

/s/  
[ILLEGIBLE]      
      Name:
      A Managing Member

 

 

WHITNEY STRATEGIC PARTNERS V, L.P.

 

 

By:

Whitney Equity Partners V, LLC,
Its General Partner

 

 

By:

/s/  
[ILLEGIBLE]      
      Name:
      A Managing Member

    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG AV, LLC—SERIES C
CCG AV, LLC—SERIES E

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:

/s/  
JESSE T. ROGERS      
    Name: Jesse T. Rogers
    Its: Managing Director

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG AV, LLC—SERIES C
CCG AV, LLC—SERIES E

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/ Carol Haul

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/ [ILLEGIBLE]

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

[ILLEGIBLE]

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

[ILLEGIBLE]

    Personal Property Hawaii Inc.

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
MICHIKO DEJAEGHERE      
Michiko Dejaeghere

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      
    [Illegible]
Sales Consulting Establishment
Eganesstr. 764
FL-illegible Eschen
Liechtenstein

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER


 

 

Blueline Capital, LLC,

a Colorado limited liability company
      By:   HealthQuest International Inc.
(manager)
          By:   /s/  LESLIE STANFORD      
Leslie Stanford President

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC
CCG CI, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]


    CCG INVESTMENTS (BVI), L.P.
CCG ASSOCIATES—QP, LLC
CCG ASSOCIATES—AI, LLC
CCG INVESTMENT FUND—AI, LP
CCG GP FUND, LLC
CCG AV, LLC

 

 

By:

Golden Gate Capital Management, L.L.C.
    Its: Authorized Representative

 

 

By:



 

 

Name:



 

 

Its:

Managing Director

 

 

OTHER SHAREHOLDER

 

 

/s/  
[ILLEGIBLE]      

[SIGNATURE PAGE TO REGISTRATION RIGHTS AGREEMENT]




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