Wisconsin Subscription Agreement - 6% Series G Convertible Preferred Stock - between ObjectSoft Corp. and Investors regarding issuance and sale of preferred stock

• Category: Corporations - Public - Stock Subscription Agreements
• State: Multi-State
• Control #: US-EG-9225
• Format: Word; Rich Text

Description

6% Series G Convertible Preferred Stock Subscription Agreement between ObjectSoft Corporation and Investors wherein the company shall issue and sell to the Investors preferred stock and company agrees to purchase warrant shares dated December 30, 1999. The Wisconsin Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding document that outlines the terms and conditions between Object Soft Corp. and investors for the issuance and sale of preferred stock. This agreement is specifically designed for investors based in Wisconsin and aims to protect the interests of both parties involved. The agreement primarily focuses on the 6% Series G Convertible Preferred Stock, which is a specific type of preferred stock that offers investors certain advantages compared to common stock. The investors subscribing to this preferred stock will enjoy a fixed 6% dividend, which will be paid out regularly. Moreover, the preferred stockholders have priority over common stockholders in the event of liquidation or dissolution of the company. The Wisconsin Subscription Agreement encompasses various key provisions, including the total number of shares available for purchase, the purchase price per share, and the timeframe for completing the stock issuance. It also covers the conditions under which the preferred stock can be converted into common stock, if desired by the investor. This conversion feature allows investors to benefit from potential future increases in the company's value. Additionally, the agreement outlines the rights and obligations of both the investors and Object Soft Corp. For instance, it specifies that Object Soft Corp. is responsible for providing accurate and up-to-date financial information and reporting to the investors. It also ensures that Object Soft Corp. has the authority and necessary approvals to issue and sell the preferred stock. Different series of preferred stock may exist within this agreement, designated by letters such as Series A, Series B, and so on. Each series may have different terms, such as dividend rates, conversion ratios, and maturity dates. However, specifically for the Wisconsin Subscription Agreement — 6% Series G Convertible Preferred Stock, it deals exclusively with the terms and conditions specific to that series.

The Wisconsin Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding document that outlines the terms and conditions between Object Soft Corp. and investors for the issuance and sale of preferred stock. This agreement is specifically designed for investors based in Wisconsin and aims to protect the interests of both parties involved. The agreement primarily focuses on the 6% Series G Convertible Preferred Stock, which is a specific type of preferred stock that offers investors certain advantages compared to common stock. The investors subscribing to this preferred stock will enjoy a fixed 6% dividend, which will be paid out regularly. Moreover, the preferred stockholders have priority over common stockholders in the event of liquidation or dissolution of the company. The Wisconsin Subscription Agreement encompasses various key provisions, including the total number of shares available for purchase, the purchase price per share, and the timeframe for completing the stock issuance. It also covers the conditions under which the preferred stock can be converted into common stock, if desired by the investor. This conversion feature allows investors to benefit from potential future increases in the company's value. Additionally, the agreement outlines the rights and obligations of both the investors and Object Soft Corp. For instance, it specifies that Object Soft Corp. is responsible for providing accurate and up-to-date financial information and reporting to the investors. It also ensures that Object Soft Corp. has the authority and necessary approvals to issue and sell the preferred stock. Different series of preferred stock may exist within this agreement, designated by letters such as Series A, Series B, and so on. Each series may have different terms, such as dividend rates, conversion ratios, and maturity dates. However, specifically for the Wisconsin Subscription Agreement — 6% Series G Convertible Preferred Stock, it deals exclusively with the terms and conditions specific to that series.