Washington 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. The Washington Investor's Rights Agreement of BirthdayExpress.com is a legal document that outlines the rights, obligations, and protections of investors who have invested in BirthdayExpress.com, a prominent online party supplies retailer based in Washington state. This agreement serves as a crucial framework to safeguard the interests of investors and maintain transparency and fairness in their investment. The Washington Investor's Rights Agreement of BirthdayExpress.com is divided into different sections, each addressing specific aspects of the investor's rights. These sections typically include: 1. Equity Ownership: This section outlines the percentage of equity ownership that each investor holds in BirthdayExpress.com. It specifies the number of shares or units allocated to each investor and their rights to dividends, distributions, and voting in company matters. 2. Investor Protections: This section focuses on the rights and protections afforded to investors. It may address issues such as anti-dilution provisions, which protect investors from losing their ownership percentage in case of future equity issuance sat lower valuations. It can also include information on registration rights, allowing investors to register their shares for resale under certain conditions. 3. Board Representation: Some versions of the Washington Investor's Rights Agreement may provide provisions for investors to have a seat on the board of directors of BirthdayExpress.com. This allows investors to actively participate in the decision-making process and have a voice in shaping the company's future. 4. Information Rights: This section ensures that investors receive regular and timely information about the company's financial performance, strategic plans, and any material events. It typically includes requirements for financial statements, annual reports, and access to company records. 5. Preemptive Rights: Preemptive rights grant investors the opportunity to maintain their ownership percentage in future equity sales by the company. This section of the agreement may specify the conditions under which investors can exercise these rights. 6. Confidentiality and Non-Disclosure: To protect sensitive company information, this section outlines the confidentiality obligations of investors. It prohibits them from sharing confidential information obtained through their investment. 7. Governing Law: The Washington Investor's Rights Agreement is governed by the laws of Washington state, ensuring compliance with the state's regulations and legal procedures. It's worth noting that there could be variations in the content and specific provisions of the Washington Investor's Rights Agreement of BirthdayExpress.com, depending on the terms negotiated between the company and individual investors. The agreement can undergo modifications to accommodate the unique needs and preferences of different investors.

The Washington Investor's Rights Agreement of BirthdayExpress.com is a legal document that outlines the rights, obligations, and protections of investors who have invested in BirthdayExpress.com, a prominent online party supplies retailer based in Washington state. This agreement serves as a crucial framework to safeguard the interests of investors and maintain transparency and fairness in their investment. The Washington Investor's Rights Agreement of BirthdayExpress.com is divided into different sections, each addressing specific aspects of the investor's rights. These sections typically include: 1. Equity Ownership: This section outlines the percentage of equity ownership that each investor holds in BirthdayExpress.com. It specifies the number of shares or units allocated to each investor and their rights to dividends, distributions, and voting in company matters. 2. Investor Protections: This section focuses on the rights and protections afforded to investors. It may address issues such as anti-dilution provisions, which protect investors from losing their ownership percentage in case of future equity issuance sat lower valuations. It can also include information on registration rights, allowing investors to register their shares for resale under certain conditions. 3. Board Representation: Some versions of the Washington Investor's Rights Agreement may provide provisions for investors to have a seat on the board of directors of BirthdayExpress.com. This allows investors to actively participate in the decision-making process and have a voice in shaping the company's future. 4. Information Rights: This section ensures that investors receive regular and timely information about the company's financial performance, strategic plans, and any material events. It typically includes requirements for financial statements, annual reports, and access to company records. 5. Preemptive Rights: Preemptive rights grant investors the opportunity to maintain their ownership percentage in future equity sales by the company. This section of the agreement may specify the conditions under which investors can exercise these rights. 6. Confidentiality and Non-Disclosure: To protect sensitive company information, this section outlines the confidentiality obligations of investors. It prohibits them from sharing confidential information obtained through their investment. 7. Governing Law: The Washington Investor's Rights Agreement is governed by the laws of Washington state, ensuring compliance with the state's regulations and legal procedures. It's worth noting that there could be variations in the content and specific provisions of the Washington Investor's Rights Agreement of BirthdayExpress.com, depending on the terms negotiated between the company and individual investors. The agreement can undergo modifications to accommodate the unique needs and preferences of different investors.