Nevada 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 Nevada Subscription Agreement for 6% Series G Convertible Preferred Stock is a legally binding document between Object Soft Corp. and Investors that outlines the terms and conditions for the issuance and sale of preferred stock. Under this agreement, Object Soft Corp. has the authority to offer and allocate a specific number of shares of its 6% Series G Convertible Preferred Stock to potential investors in exchange for a predetermined subscription price. The preferred stock being offered is a Class G security, bearing a 6% fixed annual dividend rate, which gives the investor certain benefits and rights. This class of preferred stock has the ability to be converted into common stock at a pre-determined conversion price, providing an opportunity for investors to participate in potential future growth of the company. The Nevada Subscription Agreement includes detailed provisions regarding the purchase price, the payment terms, and any associated fees or expenses related to the issuance of the preferred stock. It also outlines the rights and privileges of the investors, such as voting rights, liquidation preferences, and anti-dilution protection. In addition to the standard Nevada Subscription Agreement for 6% Series G Convertible Preferred Stock, there may be variations or subtypes of the agreement that are tailored to specific circumstances or investor preferences. These variations might include specific provisions related to the maturity date, redemption rights, conversion terms, or any other relevant terms negotiated between Object Soft Corp. and the individual investors.

The Nevada Subscription Agreement for 6% Series G Convertible Preferred Stock is a legally binding document between Object Soft Corp. and Investors that outlines the terms and conditions for the issuance and sale of preferred stock. Under this agreement, Object Soft Corp. has the authority to offer and allocate a specific number of shares of its 6% Series G Convertible Preferred Stock to potential investors in exchange for a predetermined subscription price. The preferred stock being offered is a Class G security, bearing a 6% fixed annual dividend rate, which gives the investor certain benefits and rights. This class of preferred stock has the ability to be converted into common stock at a pre-determined conversion price, providing an opportunity for investors to participate in potential future growth of the company. The Nevada Subscription Agreement includes detailed provisions regarding the purchase price, the payment terms, and any associated fees or expenses related to the issuance of the preferred stock. It also outlines the rights and privileges of the investors, such as voting rights, liquidation preferences, and anti-dilution protection. In addition to the standard Nevada Subscription Agreement for 6% Series G Convertible Preferred Stock, there may be variations or subtypes of the agreement that are tailored to specific circumstances or investor preferences. These variations might include specific provisions related to the maturity date, redemption rights, conversion terms, or any other relevant terms negotiated between Object Soft Corp. and the individual investors.