Texas 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. A Texas Registration Rights Agreement is a binding contract entered into between Object Soft Corp. and its investors, specifically pertaining to the sale and purchase of 6% Series G convertible preferred stocks. This agreement aims to secure the rights of both parties involved in the transaction and ensure compliance with applicable securities laws. By granting registration rights to the investors, Object Soft Corp. enables them to have their shares registered with the Securities and Exchange Commission (SEC) or any other relevant regulatory body. The Texas Registration Rights Agreement typically encompasses various terms and conditions to govern the registration process. These terms may include: 1. Demand Registration Rights: This grants the investors the right to request Object Soft Corp. to prepare and file a registration statement with the SEC, initiating the public offering of the convertible preferred stocks. The specific requirements, timelines, and limitations for exercising this right are outlined within the agreement. 2. Piggyback Registration Rights: In the event Object Soft Corp. decides to register any of its common stock or other securities for a public offering, the agreement may grant the investors the right to include their convertible preferred stocks in the registration. This allows the investors to sell their shares in conjunction with the company's offering. 3. Form S-3 Registration Rights: Form S-3 is a simplified registration statement used for securities offerings by well-established companies. The agreement may specify that Object Soft Corp. will use its reasonable efforts to file a Form S-3 registration statement that covers the resale of the investors' 6% Series G convertible preferred stocks, subject to meeting certain eligibility requirements. 4. Registration Expenses: The agreement outlines the allocation of expenses associated with the registration process, including legal, accounting, and underwriting costs. It may specify whether Object Soft Corp. or the investors will bear these expenses and any caps or limitations on reimbursement. 5. Indemnification: This section establishes the obligations of each party regarding indemnification in case of any losses, damages, or liabilities arising from the registration process. It outlines the procedures and limitations associated with making indemnification claims. It is important to note that the specific terms and conditions of a Texas Registration Rights Agreement can vary depending on the negotiating power between Object Soft Corp. and the investors. Consequently, there may be different variations or customized versions of this agreement with unique terms, provided they abide by the relevant securities laws and regulations in Texas.

A Texas Registration Rights Agreement is a binding contract entered into between Object Soft Corp. and its investors, specifically pertaining to the sale and purchase of 6% Series G convertible preferred stocks. This agreement aims to secure the rights of both parties involved in the transaction and ensure compliance with applicable securities laws. By granting registration rights to the investors, Object Soft Corp. enables them to have their shares registered with the Securities and Exchange Commission (SEC) or any other relevant regulatory body. The Texas Registration Rights Agreement typically encompasses various terms and conditions to govern the registration process. These terms may include: 1. Demand Registration Rights: This grants the investors the right to request Object Soft Corp. to prepare and file a registration statement with the SEC, initiating the public offering of the convertible preferred stocks. The specific requirements, timelines, and limitations for exercising this right are outlined within the agreement. 2. Piggyback Registration Rights: In the event Object Soft Corp. decides to register any of its common stock or other securities for a public offering, the agreement may grant the investors the right to include their convertible preferred stocks in the registration. This allows the investors to sell their shares in conjunction with the company's offering. 3. Form S-3 Registration Rights: Form S-3 is a simplified registration statement used for securities offerings by well-established companies. The agreement may specify that Object Soft Corp. will use its reasonable efforts to file a Form S-3 registration statement that covers the resale of the investors' 6% Series G convertible preferred stocks, subject to meeting certain eligibility requirements. 4. Registration Expenses: The agreement outlines the allocation of expenses associated with the registration process, including legal, accounting, and underwriting costs. It may specify whether Object Soft Corp. or the investors will bear these expenses and any caps or limitations on reimbursement. 5. Indemnification: This section establishes the obligations of each party regarding indemnification in case of any losses, damages, or liabilities arising from the registration process. It outlines the procedures and limitations associated with making indemnification claims. It is important to note that the specific terms and conditions of a Texas Registration Rights Agreement can vary depending on the negotiating power between Object Soft Corp. and the investors. Consequently, there may be different variations or customized versions of this agreement with unique terms, provided they abide by the relevant securities laws and regulations in Texas.