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 Orange California Subscription Agreement — 6% Series G Convertible Preferred Stock is a legal document that outlines the terms and conditions between Object Soft Corp. and Investors for the issuance and sale of preferred stock. This agreement serves as a crucial framework for the financial relationship between both parties, ensuring a clear understanding of the rights and responsibilities associated with the preferred stock. The Subscription Agreement establishes the terms of the investment and outlines the number of shares being issued, the purchase price, as well as any conversion provisions. By utilizing the keyword "Orange California," it suggests that this specific agreement is applicable within the jurisdiction of Orange County, California. The 6% Series G Convertible Preferred Stock refers to a specific class of preferred stock offered by Object Soft Corp. to potential Investors. This preferred stock carries a fixed annual dividend rate of 6%, ensuring investors receive a steady income stream from their investment. The "Series G" designation signifies that this particular class falls within the larger framework of previously issued preferred stocks. The Convertible nature of the preferred stock allows Investors the option to convert their shares into common stock at a predetermined conversion price. This provision grants flexibility to investors, enabling them to potentially benefit from future company growth and appreciate the value of their investment. It is worth noting that there may be variations or subsequent series of preferred stock within the Orange California Subscription Agreement. These different series could be denoted by letters of the alphabet (such as Series A, Series B, etc.) and offer distinct terms, such as differing dividend rates, conversion prices, or other special provisions. However, in the context of this content, the focus remains on the 6% Series G Convertible Preferred Stock. In summary, the Orange California Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding contract that governs the issuance and sale of preferred stock between Object Soft Corp. and Investors in Orange County, California. It outlines specific terms, such as the number of shares, purchase price, annual dividend rate, and convertible options. This comprehensive agreement aims to ensure transparency, clarity, and mutual understanding between the parties involved.
The Orange California Subscription Agreement — 6% Series G Convertible Preferred Stock is a legal document that outlines the terms and conditions between Object Soft Corp. and Investors for the issuance and sale of preferred stock. This agreement serves as a crucial framework for the financial relationship between both parties, ensuring a clear understanding of the rights and responsibilities associated with the preferred stock. The Subscription Agreement establishes the terms of the investment and outlines the number of shares being issued, the purchase price, as well as any conversion provisions. By utilizing the keyword "Orange California," it suggests that this specific agreement is applicable within the jurisdiction of Orange County, California. The 6% Series G Convertible Preferred Stock refers to a specific class of preferred stock offered by Object Soft Corp. to potential Investors. This preferred stock carries a fixed annual dividend rate of 6%, ensuring investors receive a steady income stream from their investment. The "Series G" designation signifies that this particular class falls within the larger framework of previously issued preferred stocks. The Convertible nature of the preferred stock allows Investors the option to convert their shares into common stock at a predetermined conversion price. This provision grants flexibility to investors, enabling them to potentially benefit from future company growth and appreciate the value of their investment. It is worth noting that there may be variations or subsequent series of preferred stock within the Orange California Subscription Agreement. These different series could be denoted by letters of the alphabet (such as Series A, Series B, etc.) and offer distinct terms, such as differing dividend rates, conversion prices, or other special provisions. However, in the context of this content, the focus remains on the 6% Series G Convertible Preferred Stock. In summary, the Orange California Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding contract that governs the issuance and sale of preferred stock between Object Soft Corp. and Investors in Orange County, California. It outlines specific terms, such as the number of shares, purchase price, annual dividend rate, and convertible options. This comprehensive agreement aims to ensure transparency, clarity, and mutual understanding between the parties involved.