The North Dakota Investor Rights Agreement for the purchase of Series C Preferred Stock shares is a legal document that outlines the rights and obligations of investors who acquire these specific shares. This agreement serves as a safeguard to protect the interests of investors and ensures transparency and fairness in the investment process. Under the North Dakota Investor Rights Agreement, investors purchasing Series C Preferred Stock shares are granted certain rights pertaining to their investment. These rights typically include: 1. Voting Rights: Investors may have the right to vote on important corporate matters, such as the election of company directors or major business decisions. This ensures that investors have a say in the company's direction and governance. 2. Dividend Preference: Series C Preferred Stock shares often come with a dividend preference. This means that if the company distributes dividends, investors holding these shares will be entitled to receive dividends before common stockholders. 3. Liquidation Preference: In the event of a liquidation or sale of the company, Series C Preferred Stock shareholders may have priority over common shareholders in receiving their investment back. This protects investors from potential losses during the liquidation process. 4. Conversion Rights: Depending on the terms of the agreement, Series C Preferred Stock shares may be convertible into common stock at the investor's discretion or upon specified conditions. This allows investors to potentially benefit from future company valuations or strategic transactions. It's important to note that the North Dakota Investor Rights Agreement may have different variations or types, depending on specific terms and conditions agreed upon by the parties involved. While the core rights and protections discussed above generally apply to Series C Preferred Stock shares, individual agreements may include additional provisions or modifications to suit the unique needs of the investors and the company. Some variations of Investor Right Agreements related to the purchase of Series C Preferred Stock shares in North Dakota may include: 1. North Dakota Series C Preferred Stock Investor Rights Agreement 2. North Dakota Preferred Stock Purchase Agreement for Series C Preferred Shares 3. North Dakota Investor Rights Agreement for Convertible Series C Preferred Stock 4. North Dakota Series C Preferred Stock Subscription Agreement 5. North Dakota Investor Rights Agreement for Preferred Stock Investment — Series C It is crucial for investors to review and understand the specific terms and provisions outlined in their respective Investor Rights Agreement to protect their rights and make informed investment decisions. Consulting legal and financial professionals is highly recommended ensuring compliance with North Dakota regulations and to fully grasp the implications of the documented rights and obligations.