A Hawaii Registration Rights Agreement is a legal contract between Object Soft Corp. and its investors that governs the sale and purchase of 6% Series G convertible preferred stocks. This agreement grants certain rights to the investors in terms of registering the securities with the appropriate regulatory authorities. The purpose of registration is to ensure transparency and compliance with securities laws during the process of selling or purchasing these preferred stocks. The agreement outlines the obligations of both Object Soft Corp. and the investors, ensuring that all parties are aware of their responsibilities and commitments. It typically includes provisions regarding the registration process, timelines, and disclosure requirements to protect the interests of all parties involved. The Hawaii Registration Rights Agreement may encompass different types, depending on the specific details and preferences of Object Soft Corp. and its investors. Some common types include: 1. Demand Registration Rights: Investors who hold a specified percentage of the Series G convertible preferred stocks have the right to demand that Object Soft Corp. register the securities for sale within a specified period. This ensures that investors can sell their shares in the public market under certain conditions. 2. Piggyback Registration Rights: Investors are given the opportunity to include their shares of Series G convertible preferred stocks in the company's registration statement for an offering. This allows them to piggyback on the company's registration process, ensuring a smoother and more efficient process while maximizing the liquidity of their investments. 3. Shelf Registration Rights: This type of registration right allows the investors to register their securities for sale on a delayed or continuous basis. It provides flexibility in the timing of the sale, allowing the investors to take advantage of more favorable market conditions. 4. Form S-3 Registration Rights: This type of registration right permits the investors to use Form S-3, a simplified registration form, for the sale of their securities. Form S-3 is typically utilized by well-established companies with a history of filing timely and accurate reports with the Securities and Exchange Commission (SEC). These various types of Hawaii Registration Rights Agreements enable Object Soft Corp. to raise capital through the sale of 6% Series G convertible preferred stocks while providing investors with the necessary protections and flexibility to realize the value of their investments. It is essential for both parties to carefully review and understand the terms of the agreement to ensure compliance with legal requirements and to maintain a mutually beneficial relationship.