Montana Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock

• Category: Corporations - Public - Stock Subscription Agreements
• State: Multi-State
• Control #: US-EG-9225
• Format: Word; Rich Text

Description

6% Series G Convertible Preferred Stock Subscription Agreement between ObjectSoft Corporation and Investors wherein the company shall issue and sell to the Investors preferred stock and company agrees to purchase warrant shares dated December 30, 1999. The Montana Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding contract entered into by Object Soft Corp. and Investors for the issuance and sale of preferred stock. This agreement outlines the terms and conditions under which Object Soft Corp. offers the 6% Series G Convertible Preferred Stock to interested investors. Under this agreement, Object Soft Corp. agrees to issue and sell a specific number of shares of the 6% Series G Convertible Preferred Stock to the investors at an agreed-upon price. The preferred stock has a fixed dividend rate of 6% per annum, and investors will receive regular dividend payments based on their share ownership. The 6% Series G Convertible Preferred Stock is convertible into common shares of Object Soft Corp. at the option of the investor, subject to certain conversion price adjustments. This conversion feature provides investors with the opportunity to benefit from the potential upside of owning common stock if the company's value increases over time. Furthermore, the Montana Subscription Agreement — 6% Series G Convertible Preferred Stock may also include additional terms and provisions beneficial to both Object Soft Corp. and the investors. These may include anti-dilution provisions, voting rights, information rights, and restrictions on transferability of the preferred stock. It is important to note that the Montana Subscription Agreement may include different series of the convertible preferred stock, each denoted by a letter (e.g., Series A, Series B, Series C, etc.), with distinct terms and conditions specific to each series. These different series may have varying dividend rates, conversion prices, and other provisions tailored to meet the unique needs and objectives of the company and investors. In summary, the Montana Subscription Agreement — 6% Series G Convertible Preferred Stock is a comprehensive contract that facilitates the issuance and sale of preferred stock by Object Soft Corp. to investors. It establishes the rights, obligations, and benefits associated with owning the 6% Series G Convertible Preferred Stock and may encompass different series with their respective terms and conditions.

The Montana Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding contract entered into by Object Soft Corp. and Investors for the issuance and sale of preferred stock. This agreement outlines the terms and conditions under which Object Soft Corp. offers the 6% Series G Convertible Preferred Stock to interested investors. Under this agreement, Object Soft Corp. agrees to issue and sell a specific number of shares of the 6% Series G Convertible Preferred Stock to the investors at an agreed-upon price. The preferred stock has a fixed dividend rate of 6% per annum, and investors will receive regular dividend payments based on their share ownership. The 6% Series G Convertible Preferred Stock is convertible into common shares of Object Soft Corp. at the option of the investor, subject to certain conversion price adjustments. This conversion feature provides investors with the opportunity to benefit from the potential upside of owning common stock if the company's value increases over time. Furthermore, the Montana Subscription Agreement — 6% Series G Convertible Preferred Stock may also include additional terms and provisions beneficial to both Object Soft Corp. and the investors. These may include anti-dilution provisions, voting rights, information rights, and restrictions on transferability of the preferred stock. It is important to note that the Montana Subscription Agreement may include different series of the convertible preferred stock, each denoted by a letter (e.g., Series A, Series B, Series C, etc.), with distinct terms and conditions specific to each series. These different series may have varying dividend rates, conversion prices, and other provisions tailored to meet the unique needs and objectives of the company and investors. In summary, the Montana Subscription Agreement — 6% Series G Convertible Preferred Stock is a comprehensive contract that facilitates the issuance and sale of preferred stock by Object Soft Corp. to investors. It establishes the rights, obligations, and benefits associated with owning the 6% Series G Convertible Preferred Stock and may encompass different series with their respective terms and conditions.