Palm Beach Florida Investors' Rights Agreement is a legally binding contract entered into between Velocity, Inc., its existing holders, and the company's founders. It outlines the rights and protections of investors who have purchased shares or participated in equity financing rounds of Velocity, Inc. This agreement serves to safeguard investors' interests, define their rights, and ensure proper corporate governance. It covers various aspects such as investor protections, transfer restrictions, the registration of securities, and the rights of existing shareholders. Key provisions within the Investors' Rights Agreement include: 1. Voting Rights: The agreement may grant certain voting rights to investors, allowing them to influence corporate decision-making processes. 2. Information Rights: Investors have the right to receive timely and accurate financial and operational information related to Velocity, Inc. This ensures transparency and enables informed decision-making. 3. Anti-Dilution Provisions: These provisions protect investors from dilution of their ownership stake in case additional equity is issued at a lower price per share. 4. Preemptive Rights: The agreement may grant investors the right to maintain their ownership percentage by participating in future financing rounds. 5. Transfer Restrictions: This clause restricts the transfer of shares without obtaining the necessary consents, ensuring that shares remain within a tightly-knit ownership group. 6. Co-Sale or Tag-Along Rights: Investors may be given the right to sell their shares alongside the founders if the founders decide to divest their holdings. 7. Registration Rights: The agreement may include provisions allowing investors to request the registration of their shares for public sale, which enhances liquidity. There may be different types of Investors' Rights Agreements within Palm Beach Florida, depending on the specific terms negotiated between Velocity, Inc., its existing holders, and founders. These could include: 1. Series A Investors' Rights Agreement 2. Series B Investors' Rights Agreement 3. Mezzanine Investors' Rights Agreement 4. Post-IPO Investors' Rights Agreement Each of these agreements may have unique terms and conditions tailored to the specific round of financing or stage of the company's growth.