South Carolina Sample Series A Preferred Stock Purchase Agreement between BirthdayExpress, Inc. and Purchaser Introduction: The South Carolina Sample Series A Preferred Stock Purchase Agreement is a legally binding document that outlines the terms and conditions of the purchase of preferred stock in BirthdayExpress, Inc. (the "Company") by the Purchaser. This agreement enables the Purchaser to acquire a specific number of shares of the Company's Series A Preferred Stock, providing them with certain rights and privileges. Key Terms and Definitions: 1. Parties: The Agreement identifies the two parties involved, namely BirthdayExpress, Inc. (the "Company") and the Purchaser. 2. Series A Preferred Stock: Refers to the specific class of preferred stock being purchased, which carries certain rights and preferences over common stock. 3. Purchase Price: The amount at which the Series A Preferred Stock will be bought by the Purchaser. 4. Closing Date: The date on which the transaction takes place and the Series A Preferred Stock is purchased. 5. Dividends: Interests or earnings paid by the Company on the Series A Preferred Stock. 6. Liquidation Preference: The priority given to the holders of Series A Preferred Stock in the event of the Company's liquidation or acquisition. 7. Voting Rights: The rights granted to the Purchaser to vote on certain matters affecting the Company. Agreement Clauses: 1. Purchase and Sale of Series A Preferred Stock: This clause outlines the purchase and sale of a specific number of shares of Series A Preferred Stock, the purchase price, and the payment terms. 2. Representations and Warranties: Both the Company and the Purchaser make certain representations and warranties to each other regarding their ability to enter into this agreement, ownership of the shares, and the accuracy of information provided. 3. Closing Conditions: Specifies the conditions that must be fulfilled for the closing of the transaction, including necessary consents, approvals, and legal compliance. 4. Rights and Preferences: Details the rights and preferences conferred upon the holders of Series A Preferred Stock, such as voting rights, dividends, and liquidation preferences. 5. Transfer Restrictions: Outlines any restrictions on the transfer of the Series A Preferred Stock, including a right of first refusal held by the Company or other shareholders. 6. Governing Law and Jurisdiction: Determines that the Agreement will be governed by the laws of the state of South Carolina and specifies the jurisdiction for any legal disputes. Types of South Carolina Sample Series A Preferred Stock Purchase Agreement: 1. Standard South Carolina Sample Series A Preferred Stock Purchase Agreement between BirthdayExpress, Inc. and Purchaser. 2. South Carolina Sample Series A Preferred Stock Purchase Agreement with specific anti-dilution provisions. 3. South Carolina Sample Series A Preferred Stock Purchase Agreement with provisions for participation rights in future financings. 4. South Carolina Sample Series A Preferred Stock Purchase Agreement with restrictions on transfer to competitors. 5. South Carolina Sample Series A Preferred Stock Purchase Agreement with provisions for redeemable preferred stock. Conclusion: This South Carolina Sample Series A Preferred Stock Purchase Agreement defines the legal framework between BirthdayExpress, Inc. and the Purchaser for the acquisition of Series A Preferred Stock. It establishes the terms, conditions, and rights associated with the purchase, ensuring transparency and protection for both parties involved.