The New York Investor Rights Agreement is a legal contract that outlines the specific rights and obligations of investors who purchase Series C Preferred Stock shares in a company. These agreements are designed to protect the interests of investors by providing them with certain rights, benefits, and protections. Under the New York Investor Rights Agreement, investors purchasing Series C Preferred Stock shares gain the right to participate in future financing rounds of the company, ensuring that they have the opportunity to maintain their ownership percentage. This right is commonly known as the "right of first refusal." Investors also obtain the right to receive financial information and updates from the company, keeping them informed about the company's financial health and performance. In addition, the agreement grants investors the right to vote on certain corporate matters, such as mergers, acquisitions, and board appointments. This gives the investors a say in important decision-making processes and ensures that their interests are represented. Moreover, the agreement provides investors with the right to be notified and given the opportunity to sell their shares in the event of a proposed sale or public offering of common stock by the company. To further safeguard their investment, the agreement often includes certain "protective provisions." These provisions may limit the ability of the company to take certain actions without the approval or consent of the investors, such as increasing the number of shares or changing the rights of the preferred stock. Different types of New York Investor Rights Agreement regarding the purchase of Series C Preferred Stock shares may include variations in the specific terms and conditions. For example, there can be agreements with different levels of rights and benefits depending on the size of the investment or the strategic significance of the investor. Some agreements may also have specific clauses related to liquidation preferences, dividend rights, or anti-dilution provisions. It is important to carefully review and understand the specific terms outlined in each agreement before making any investment decisions. Overall, the New York Investor Rights Agreement is a crucial legal document that protects the rights and interests of investors who purchase Series C Preferred Stock shares. By comprehensively outlining the rights, benefits, and protections investors have, these agreements provide clarity and assurance to investors in their investment journey.