Utah Investor's Rights Agreement of BirthdayExpress.com

• Category: Corporations - Public - Rights
• State: Multi-State
• Control #: US-EG-9345
• Format: Word; Rich Text

Description

Amended and Restated Investor's Rights Agreement between BirthdayExpress.Com, Inc., Michael Jewell, Jan Jewell and various investors regarding the sale and issuance of stock dated July 21, 1999. 34 pages. Utah Investor's Rights Agreement is a legal document specifically designed for investors who are interested in investing in BirthdayExpress.com, a popular online platform for party supplies and themed decorations. This agreement outlines the various rights and privileges granted to investors when they become shareholders of the company. Some key provisions covered in the Utah Investor's Rights Agreement include: 1. Voting Rights: The agreement provides details about the voting rights granted to investors. It explains how investors can vote on important corporate decisions such as the appointment of board members or major changes in company policies. 2. Information Rights: Investors have the right to access certain financial and operational information about BirthdayExpress.com. This includes regular updates on the company's performance, audited financial statements, and any material events or changes that may affect their investment. 3. Board Representation: Investors may have the opportunity to secure board seats or observer rights, allowing them to actively participate in the decision-making processes of BirthdayExpress.com. This provision ensures that investors have a say in the strategic direction of the company. 4. Preemptive Rights: The Utah Investor's Rights Agreement may include preemptive rights, which grant investors the opportunity to maintain their proportional ownership in the event of a new issuance of shares. This provision helps protect the investors' interests and ensures they are not diluted by future financing rounds. 5. Transfer Restrictions: The agreement may impose certain restrictions on the transfer of shares by investors. This provision aims to maintain stability and prevent unwanted changes in the shareholder composition, potentially protecting the company from hostile takeovers or inappropriate transfers. It is important to note that the Utah Investor's Rights Agreement may have variations or additional clauses depending on the specific negotiation between BirthdayExpress.com and the investor(s). These agreements are usually tailored to meet the specific needs and objectives of both parties. Different types or versions of the Utah Investor's Rights Agreement of BirthdayExpress.com may exist, such as versions for different stages of investment (early-stage or later-stage), variations due to investment amounts, or customized agreements reflecting unique investor protection provisions. Each agreement will typically address the rights and protections specific to the investor's investment terms and the company's requirements.

Utah Investor's Rights Agreement is a legal document specifically designed for investors who are interested in investing in BirthdayExpress.com, a popular online platform for party supplies and themed decorations. This agreement outlines the various rights and privileges granted to investors when they become shareholders of the company. Some key provisions covered in the Utah Investor's Rights Agreement include: 1. Voting Rights: The agreement provides details about the voting rights granted to investors. It explains how investors can vote on important corporate decisions such as the appointment of board members or major changes in company policies. 2. Information Rights: Investors have the right to access certain financial and operational information about BirthdayExpress.com. This includes regular updates on the company's performance, audited financial statements, and any material events or changes that may affect their investment. 3. Board Representation: Investors may have the opportunity to secure board seats or observer rights, allowing them to actively participate in the decision-making processes of BirthdayExpress.com. This provision ensures that investors have a say in the strategic direction of the company. 4. Preemptive Rights: The Utah Investor's Rights Agreement may include preemptive rights, which grant investors the opportunity to maintain their proportional ownership in the event of a new issuance of shares. This provision helps protect the investors' interests and ensures they are not diluted by future financing rounds. 5. Transfer Restrictions: The agreement may impose certain restrictions on the transfer of shares by investors. This provision aims to maintain stability and prevent unwanted changes in the shareholder composition, potentially protecting the company from hostile takeovers or inappropriate transfers. It is important to note that the Utah Investor's Rights Agreement may have variations or additional clauses depending on the specific negotiation between BirthdayExpress.com and the investor(s). These agreements are usually tailored to meet the specific needs and objectives of both parties. Different types or versions of the Utah Investor's Rights Agreement of BirthdayExpress.com may exist, such as versions for different stages of investment (early-stage or later-stage), variations due to investment amounts, or customized agreements reflecting unique investor protection provisions. Each agreement will typically address the rights and protections specific to the investor's investment terms and the company's requirements.