New York 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. New York Registration Rights Agreement between Object Soft Corp. and Investors is a legal document that governs the sale and purchase of 6% Series G convertible preferred stocks. This agreement aims to protect the rights of both Object Soft Corp. and the Investors in relation to the registration of these securities with the appropriate regulatory authorities, such as the Securities and Exchange Commission (SEC). The agreement ensures that Object Soft Corp. will make all necessary efforts to register the securities under the applicable securities laws within a certain period. This registration process provides the Investors with the ability to freely sell or transfer their shares in the market, thus enhancing liquidity for their investment. Key terms and conditions included in this New York Registration Rights Agreement may vary depending on the specific type. Some commonly known types of these agreements include: 1. Demand Registration: This type of agreement grants the Investors the right to request Object Soft Corp. to register their shares for public sale at any time. Object Soft Corp. is obligated to file the necessary registration statement with the SEC promptly upon receiving a valid demand notice from the Investors. 2. Piggyback Registration: In a Piggyback Registration Rights Agreement, the Investors have the right to include their shares in any registration statement filed by Object Soft Corp. for its own securities or for the securities of other Investors. This allows the Investors to "piggyback" onto Object Soft Corp.'s registration, thereby benefiting from the costs and efforts involved in the process. 3. Shelf Registration: A Shelf Registration Rights Agreement allows Object Soft Corp. to register the securities for sale in advance, without immediately offering them to the public. This provides flexibility as Object Soft Corp. can delay the offering until favorable market conditions are present. However, once the registration statement becomes effective, the Investors can freely sell their shares in the market at their own discretion. 4. Form S-3 Registration: This type of agreement specifically relates to registration on Form S-3, which is a simplified registration statement primarily used by well-established companies. If Object Soft Corp. is eligible to utilize Form S-3, it may provide additional benefits to the Investors by simplifying the registration process. By entering into a New York Registration Rights Agreement, Object Soft Corp. and the Investors establish a clear framework to ensure compliance with securities laws and to facilitate the sale and purchase of 6% Series G convertible preferred stocks. These agreements play a vital role in maintaining transparency, protecting investor interests, and enhancing marketability of the securities.

New York Registration Rights Agreement between Object Soft Corp. and Investors is a legal document that governs the sale and purchase of 6% Series G convertible preferred stocks. This agreement aims to protect the rights of both Object Soft Corp. and the Investors in relation to the registration of these securities with the appropriate regulatory authorities, such as the Securities and Exchange Commission (SEC). The agreement ensures that Object Soft Corp. will make all necessary efforts to register the securities under the applicable securities laws within a certain period. This registration process provides the Investors with the ability to freely sell or transfer their shares in the market, thus enhancing liquidity for their investment. Key terms and conditions included in this New York Registration Rights Agreement may vary depending on the specific type. Some commonly known types of these agreements include: 1. Demand Registration: This type of agreement grants the Investors the right to request Object Soft Corp. to register their shares for public sale at any time. Object Soft Corp. is obligated to file the necessary registration statement with the SEC promptly upon receiving a valid demand notice from the Investors. 2. Piggyback Registration: In a Piggyback Registration Rights Agreement, the Investors have the right to include their shares in any registration statement filed by Object Soft Corp. for its own securities or for the securities of other Investors. This allows the Investors to "piggyback" onto Object Soft Corp.'s registration, thereby benefiting from the costs and efforts involved in the process. 3. Shelf Registration: A Shelf Registration Rights Agreement allows Object Soft Corp. to register the securities for sale in advance, without immediately offering them to the public. This provides flexibility as Object Soft Corp. can delay the offering until favorable market conditions are present. However, once the registration statement becomes effective, the Investors can freely sell their shares in the market at their own discretion. 4. Form S-3 Registration: This type of agreement specifically relates to registration on Form S-3, which is a simplified registration statement primarily used by well-established companies. If Object Soft Corp. is eligible to utilize Form S-3, it may provide additional benefits to the Investors by simplifying the registration process. By entering into a New York Registration Rights Agreement, Object Soft Corp. and the Investors establish a clear framework to ensure compliance with securities laws and to facilitate the sale and purchase of 6% Series G convertible preferred stocks. These agreements play a vital role in maintaining transparency, protecting investor interests, and enhancing marketability of the securities.