Nassau New York 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
• County: Nassau
• 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. Title: Nassau New York Subscription Agreement — 6% Series G Convertible Preferred Stock: Comprehensive Description and Types Keywords: Nassau New York Subscription Agreement, 6% Series G Convertible Preferred Stock, Object Soft Corp., Investors, issuance, sale, preferred stock Introduction: The Nassau New York Subscription Agreement serves as the legally binding contract between Object Soft Corp. and interested investors for the issuance and sale of their 6% Series G Convertible Preferred Stock. This detailed description delves into the terms, provisions, and types associated with this agreement. 1. Overview of the Agreement: The Nassau New York Subscription Agreement outlines the terms and conditions under which investors can purchase the 6% Series G Convertible Preferred Stock offered by Object Soft Corp. The agreement governs the relationship between the company and the participating investors during the issuance and sales process. 2. Key Provisions and Terms: a) Preferred Stock Terms: The agreement specifies the characteristics of the 6% Series G Convertible Preferred Stock, including the dividend rate, conversion rights, redemption provisions, and the participation in company voting rights. b) Purchase Price and Amount: The agreement defines the purchase price per share of the preferred stock and outlines the minimum and maximum amount of shares available for purchase. c) Closing and Payment Terms: The agreement establishes the timeline for closing the transaction, as well as the payment modalities, such as wire transfer or check, ensuring a smooth and secure transaction. d) Representations and Warranties: Object Soft Corp. and the investors each make certain representations and warranties, affirming the accuracy of provided information and the compliance with the applicable laws and regulations. e) Confidentiality and Non-Disclosure: Both Object Soft Corp. and the investors commit to maintain the confidentiality of any non-public information disclosed during the process of the agreement. f) Governing Law and Jurisdiction: The agreement defines Nassau New York as the governing law and designates appropriate courts or dispute resolution mechanisms for addressing potential conflicts. 3. Types of Nassau New York Subscription Agreement — 6% Series G Convertible Preferred Stock: a) Individual Investor Subscription Agreement: This agreement is designed for individual investors looking to purchase preferred stock from Object Soft Corp. It ensures that they comply with the terms and conditions set forth. b) Institutional Investor Subscription Agreement: Institutional investors, such as venture capital firms or private equity funds, engage in this agreement to acquire a significant number of shares. The terms may account for the unique requirements of such investors. c) Non-exclusive Subscription Agreement: Object Soft Corp. may opt for a non-exclusive agreement, allowing the issuance and sale of the 6% Series G Convertible Preferred Stock to multiple investors simultaneously. This maximizes flexibility and potential funding opportunities. Conclusion: The Nassau New York Subscription Agreement — 6% Series G Convertible Preferred Stock creates a transparent framework for Object Soft Corp. and investors to facilitate the issuance and sale of preferred stock. By utilizing various types of subscription agreements, Object Soft Corp. caters to different investor profiles while adhering to established legal requirements.

Title: Nassau New York Subscription Agreement — 6% Series G Convertible Preferred Stock: Comprehensive Description and Types Keywords: Nassau New York Subscription Agreement, 6% Series G Convertible Preferred Stock, Object Soft Corp., Investors, issuance, sale, preferred stock Introduction: The Nassau New York Subscription Agreement serves as the legally binding contract between Object Soft Corp. and interested investors for the issuance and sale of their 6% Series G Convertible Preferred Stock. This detailed description delves into the terms, provisions, and types associated with this agreement. 1. Overview of the Agreement: The Nassau New York Subscription Agreement outlines the terms and conditions under which investors can purchase the 6% Series G Convertible Preferred Stock offered by Object Soft Corp. The agreement governs the relationship between the company and the participating investors during the issuance and sales process. 2. Key Provisions and Terms: a) Preferred Stock Terms: The agreement specifies the characteristics of the 6% Series G Convertible Preferred Stock, including the dividend rate, conversion rights, redemption provisions, and the participation in company voting rights. b) Purchase Price and Amount: The agreement defines the purchase price per share of the preferred stock and outlines the minimum and maximum amount of shares available for purchase. c) Closing and Payment Terms: The agreement establishes the timeline for closing the transaction, as well as the payment modalities, such as wire transfer or check, ensuring a smooth and secure transaction. d) Representations and Warranties: Object Soft Corp. and the investors each make certain representations and warranties, affirming the accuracy of provided information and the compliance with the applicable laws and regulations. e) Confidentiality and Non-Disclosure: Both Object Soft Corp. and the investors commit to maintain the confidentiality of any non-public information disclosed during the process of the agreement. f) Governing Law and Jurisdiction: The agreement defines Nassau New York as the governing law and designates appropriate courts or dispute resolution mechanisms for addressing potential conflicts. 3. Types of Nassau New York Subscription Agreement — 6% Series G Convertible Preferred Stock: a) Individual Investor Subscription Agreement: This agreement is designed for individual investors looking to purchase preferred stock from Object Soft Corp. It ensures that they comply with the terms and conditions set forth. b) Institutional Investor Subscription Agreement: Institutional investors, such as venture capital firms or private equity funds, engage in this agreement to acquire a significant number of shares. The terms may account for the unique requirements of such investors. c) Non-exclusive Subscription Agreement: Object Soft Corp. may opt for a non-exclusive agreement, allowing the issuance and sale of the 6% Series G Convertible Preferred Stock to multiple investors simultaneously. This maximizes flexibility and potential funding opportunities. Conclusion: The Nassau New York Subscription Agreement — 6% Series G Convertible Preferred Stock creates a transparent framework for Object Soft Corp. and investors to facilitate the issuance and sale of preferred stock. By utilizing various types of subscription agreements, Object Soft Corp. caters to different investor profiles while adhering to established legal requirements.