Pima Arizona 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: Pima
• 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 Lima Arizona Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding contract entered into between Object Soft Corp. and Investors. This agreement pertains to the issuance and sale of preferred stock by Object Soft Corp. to the investors. The preferred stock is designated as Series G Convertible Preferred Stock and carries a 6% annual interest rate. Under this agreement, Object Soft Corp. agrees to issue a specified number of shares of Series G Convertible Preferred Stock to the investors in exchange for the agreed-upon consideration, which may include cash or other assets. The investors, in turn, agree to purchase the preferred stock at the designated price per share set forth in the agreement. The Series G Convertible Preferred Stock entitles the investors to certain rights and privileges. It carries a fixed dividend rate of 6% per annum, which will be paid out to the investors before any dividends are distributed to common stockholders. The preferred stockholders also have a priority claim on the assets of Object Soft Corp. in the event of liquidation or dissolution. Moreover, the Series G Convertible Preferred Stock is convertible into common stock of Object Soft Corp. at the option of the investors. The conversion ratio and terms will be outlined in the agreement, providing the investors with the opportunity to convert their preferred stock into common stock, which may allow them to participate in the potential future growth and success of the company. It is important to note that there may be different types of Lima Arizona Subscription Agreement — 6% Series G Convertible Preferred Stock between Object Soft Corp. and Investors. These different types could include variations in the number of shares issued, offering price, conversion terms, or any additional terms agreed upon by the parties. Overall, the Lima Arizona Subscription Agreement — 6% Series G Convertible Preferred Stock represents a mutually beneficial transaction between Object Soft Corp. and the investors, providing an avenue for Object Soft Corp. to raise capital while offering the investors an opportunity to invest in the company and potentially benefit from future growth.

The Lima Arizona Subscription Agreement — 6% Series G Convertible Preferred Stock is a legally binding contract entered into between Object Soft Corp. and Investors. This agreement pertains to the issuance and sale of preferred stock by Object Soft Corp. to the investors. The preferred stock is designated as Series G Convertible Preferred Stock and carries a 6% annual interest rate. Under this agreement, Object Soft Corp. agrees to issue a specified number of shares of Series G Convertible Preferred Stock to the investors in exchange for the agreed-upon consideration, which may include cash or other assets. The investors, in turn, agree to purchase the preferred stock at the designated price per share set forth in the agreement. The Series G Convertible Preferred Stock entitles the investors to certain rights and privileges. It carries a fixed dividend rate of 6% per annum, which will be paid out to the investors before any dividends are distributed to common stockholders. The preferred stockholders also have a priority claim on the assets of Object Soft Corp. in the event of liquidation or dissolution. Moreover, the Series G Convertible Preferred Stock is convertible into common stock of Object Soft Corp. at the option of the investors. The conversion ratio and terms will be outlined in the agreement, providing the investors with the opportunity to convert their preferred stock into common stock, which may allow them to participate in the potential future growth and success of the company. It is important to note that there may be different types of Lima Arizona Subscription Agreement — 6% Series G Convertible Preferred Stock between Object Soft Corp. and Investors. These different types could include variations in the number of shares issued, offering price, conversion terms, or any additional terms agreed upon by the parties. Overall, the Lima Arizona Subscription Agreement — 6% Series G Convertible Preferred Stock represents a mutually beneficial transaction between Object Soft Corp. and the investors, providing an avenue for Object Soft Corp. to raise capital while offering the investors an opportunity to invest in the company and potentially benefit from future growth.