West Virginia 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. A West Virginia Subscription Agreement is a legally binding contract established between Object Soft Corp. and Investors for the purpose of issuing and selling preferred stock. Specifically, this agreement pertains to the 6% Series G Convertible Preferred Stock offerings. The Subscription Agreement outlines the terms and conditions associated with the purchase of preferred stock by the Investors. It serves as a means to formalize the agreement, providing clarity and protection to both parties involved. The agreement encompasses various key aspects such as the number of shares to be sold, the price per share, conversion rights, dividend rates, and other essential provisions. The 6% Series G Convertible Preferred Stock signifies a specific type of preferred stock being offered by Object Soft Corp. The "Series G" indicates the specific series of preferred stock being issued within the company's capital structure. This type of preferred stock typically carries a fixed dividend rate of 6% per annum, ensuring a consistent income stream for the Investors. Convertible preferred stock refers to a unique feature of the stock, offering Investors the option to convert their preferred shares into a predetermined number of common shares at a specified conversion ratio. By exercising this conversion right, Investors can potentially benefit from any future appreciation in the value of Object Soft Corp.'s common stock. Other types of West Virginia Subscription Agreements pertaining to the issuance and sale of preferred stock may include different series such as Series A, Series B, Series C, and so forth. Each series could potentially offer distinct terms and provisions, varying dividend rates, conversion ratios, and any additional features that may be unique to that specific series of preferred stock. In conclusion, a West Virginia Subscription Agreement for the 6% Series G Convertible Preferred Stock between Object Soft Corp. and Investors outlines the detailed terms and conditions regarding the issuance and sale of this specific type of preferred stock. Different series, such as Series A, B, C, etc., may exist, each with its own set of terms and provisions.

A West Virginia Subscription Agreement is a legally binding contract established between Object Soft Corp. and Investors for the purpose of issuing and selling preferred stock. Specifically, this agreement pertains to the 6% Series G Convertible Preferred Stock offerings. The Subscription Agreement outlines the terms and conditions associated with the purchase of preferred stock by the Investors. It serves as a means to formalize the agreement, providing clarity and protection to both parties involved. The agreement encompasses various key aspects such as the number of shares to be sold, the price per share, conversion rights, dividend rates, and other essential provisions. The 6% Series G Convertible Preferred Stock signifies a specific type of preferred stock being offered by Object Soft Corp. The "Series G" indicates the specific series of preferred stock being issued within the company's capital structure. This type of preferred stock typically carries a fixed dividend rate of 6% per annum, ensuring a consistent income stream for the Investors. Convertible preferred stock refers to a unique feature of the stock, offering Investors the option to convert their preferred shares into a predetermined number of common shares at a specified conversion ratio. By exercising this conversion right, Investors can potentially benefit from any future appreciation in the value of Object Soft Corp.'s common stock. Other types of West Virginia Subscription Agreements pertaining to the issuance and sale of preferred stock may include different series such as Series A, Series B, Series C, and so forth. Each series could potentially offer distinct terms and provisions, varying dividend rates, conversion ratios, and any additional features that may be unique to that specific series of preferred stock. In conclusion, a West Virginia Subscription Agreement for the 6% Series G Convertible Preferred Stock between Object Soft Corp. and Investors outlines the detailed terms and conditions regarding the issuance and sale of this specific type of preferred stock. Different series, such as Series A, B, C, etc., may exist, each with its own set of terms and provisions.