Guam Registration Rights Agreement between ObjectSoft Corp. and Investors regarding sale and purchase of 6% Series G convertible preferred stocks

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9226
• Format: Word; Rich Text

Description

Registration Rights Agreement between ObjectSoft Corporation and Investors regarding the sale and purchase of 6% Series G convertible preferred stocks dated December 30, 1999. 18 pages. A Guam Registration Rights Agreement is a legal document that outlines the terms and conditions between Object Soft Corp. and its investors regarding the sale and purchase of 6% Series G convertible preferred stocks. This agreement grants certain rights to the investors to register their shares with regulatory authorities, enabling them to sell or transfer their stocks. The Guam Registration Rights Agreement ensures that Object Soft Corp. complies with applicable securities laws and allows investors to have more liquidity and flexibility with their investment. It provides investors with the opportunity to register their shares for public sale, offering them an avenue to exit their investment if they choose to do so. This agreement typically entails several key provisions, including the following: 1. Demand Registration Rights: This provision allows investors to request Object Soft Corp. to register their shares for public sale. The agreement specifies the conditions under which investors can exercise this right, such as a minimum number of shares or a specific time frame. 2. Piggyback Registration Rights: Investors have the right to include their shares in any registration statement filed by Object Soft Corp. This provision enables them to "piggyback" on the company's registration, saving costs and time associated with filing separate registration statements. 3. S-3 Registration Rights: If Object Soft Corp. is eligible to file a registration statement using Form S-3, investors with S-3 Registration Rights can request the company to include their shares in such registration. This provision is usually available to investors who hold a significant number of shares. 4. Expenses and Indemnification: The agreement outlines the allocation of expenses related to the registration process. It details who is responsible for covering the costs, such as filing fees, legal expenses, and printing costs. Additionally, Object Soft Corp. generally agrees to indemnify the investors against any damages or losses incurred as a result of any misrepresentations or omissions made in the registration statement. 5. Lock-up Agreements: In some cases, the agreement may include lock-up provisions that restrict investors from selling or transferring their shares for a specified period of time after the registration. This helps maintain stability in the market, preventing a flood of shares from entering the market immediately after the registration. The Guam Registration Rights Agreement may have variations depending on the specific terms negotiated between Object Soft Corp. and its investors. It is important to review the specific agreement in question to understand the precise rights and obligations outlined within it.

A Guam Registration Rights Agreement is a legal document that outlines the terms and conditions between Object Soft Corp. and its investors regarding the sale and purchase of 6% Series G convertible preferred stocks. This agreement grants certain rights to the investors to register their shares with regulatory authorities, enabling them to sell or transfer their stocks. The Guam Registration Rights Agreement ensures that Object Soft Corp. complies with applicable securities laws and allows investors to have more liquidity and flexibility with their investment. It provides investors with the opportunity to register their shares for public sale, offering them an avenue to exit their investment if they choose to do so. This agreement typically entails several key provisions, including the following: 1. Demand Registration Rights: This provision allows investors to request Object Soft Corp. to register their shares for public sale. The agreement specifies the conditions under which investors can exercise this right, such as a minimum number of shares or a specific time frame. 2. Piggyback Registration Rights: Investors have the right to include their shares in any registration statement filed by Object Soft Corp. This provision enables them to "piggyback" on the company's registration, saving costs and time associated with filing separate registration statements. 3. S-3 Registration Rights: If Object Soft Corp. is eligible to file a registration statement using Form S-3, investors with S-3 Registration Rights can request the company to include their shares in such registration. This provision is usually available to investors who hold a significant number of shares. 4. Expenses and Indemnification: The agreement outlines the allocation of expenses related to the registration process. It details who is responsible for covering the costs, such as filing fees, legal expenses, and printing costs. Additionally, Object Soft Corp. generally agrees to indemnify the investors against any damages or losses incurred as a result of any misrepresentations or omissions made in the registration statement. 5. Lock-up Agreements: In some cases, the agreement may include lock-up provisions that restrict investors from selling or transferring their shares for a specified period of time after the registration. This helps maintain stability in the market, preventing a flood of shares from entering the market immediately after the registration. The Guam Registration Rights Agreement may have variations depending on the specific terms negotiated between Object Soft Corp. and its investors. It is important to review the specific agreement in question to understand the precise rights and obligations outlined within it.