Harris Texas Registration Rights Agreement between ObjectSoft Corp. and Investors regarding sale and purchase of 6% Series G convertible preferred stocks

• Category: Corporations - Public - Rights
• State: Multi-State
• County: Harris
• Control #: US-EG-9226
• Format: Word; Rich Text

Description

Registration Rights Agreement between ObjectSoft Corporation and Investors regarding the sale and purchase of 6% Series G convertible preferred stocks dated December 30, 1999. 18 pages. The Harris Texas Registration Rights Agreement is a legal document that outlines the terms and conditions for the sale and purchase of 6% Series G Convertible Preferred Stocks between Object Soft Corp. and its investors. This agreement is crucial in ensuring transparency and providing rights to the involved parties. Under this agreement, Object Soft Corp. grants certain registration rights to its investors, enabling them to register their 6% Series G Convertible Preferred Stocks with the Securities and Exchange Commission (SEC) and offer them for sale to the public. This registration process ensures that the investor's stocks can be freely traded in the securities market. The agreement includes various provisions that protect the rights of both Object Soft Corp. and the investors. Some important clauses include: 1. Demand Registration Rights: Object Soft Corp. may be required to register the investor's stocks upon their request, subject to certain conditions. This allows investors to sell their stocks in the public market, providing liquidity to their investments. 2. Piggyback Registration Rights: If Object Soft Corp. decides to register any of its securities for sale to the public, the investors have the right to include their 6% Series G Convertible Preferred Stocks in the registration statement. This enables them to take advantage of Object Soft Corp's registration process and offer their stocks alongside the company's securities. 3. Shelf Registration Rights: Object Soft Corp. may choose to register the investor's stocks on a shelf registration statement. This provision allows the investors to sell their shares in the open market on their own timeline, without being restricted by the traditional registration process. 4. Lock-up Period: The agreement may include a lock-up period during which the investors are prohibited from selling their stocks. This lock-up period typically lasts for a specified period after an initial public offering (IPO) or certain significant events. By entering into the Harris Texas Registration Rights Agreement, Object Soft Corp. and its investors establish a mutually beneficial relationship in regard to the sale and purchase of 6% Series G Convertible Preferred Stocks. This agreement ensures that investors have the necessary rights and protections, while Object Soft Corp. can effectively manage and monitor the trading of its securities. It's important to note that there may be various types of Harris Texas Registration Rights Agreements tailored specifically to the company's needs and investor requirements. These agreements may vary based on factors such as the term length, specific registration rights granted, any additional restrictions, or any unique provisions relevant to the agreement.

The Harris Texas Registration Rights Agreement is a legal document that outlines the terms and conditions for the sale and purchase of 6% Series G Convertible Preferred Stocks between Object Soft Corp. and its investors. This agreement is crucial in ensuring transparency and providing rights to the involved parties. Under this agreement, Object Soft Corp. grants certain registration rights to its investors, enabling them to register their 6% Series G Convertible Preferred Stocks with the Securities and Exchange Commission (SEC) and offer them for sale to the public. This registration process ensures that the investor's stocks can be freely traded in the securities market. The agreement includes various provisions that protect the rights of both Object Soft Corp. and the investors. Some important clauses include: 1. Demand Registration Rights: Object Soft Corp. may be required to register the investor's stocks upon their request, subject to certain conditions. This allows investors to sell their stocks in the public market, providing liquidity to their investments. 2. Piggyback Registration Rights: If Object Soft Corp. decides to register any of its securities for sale to the public, the investors have the right to include their 6% Series G Convertible Preferred Stocks in the registration statement. This enables them to take advantage of Object Soft Corp's registration process and offer their stocks alongside the company's securities. 3. Shelf Registration Rights: Object Soft Corp. may choose to register the investor's stocks on a shelf registration statement. This provision allows the investors to sell their shares in the open market on their own timeline, without being restricted by the traditional registration process. 4. Lock-up Period: The agreement may include a lock-up period during which the investors are prohibited from selling their stocks. This lock-up period typically lasts for a specified period after an initial public offering (IPO) or certain significant events. By entering into the Harris Texas Registration Rights Agreement, Object Soft Corp. and its investors establish a mutually beneficial relationship in regard to the sale and purchase of 6% Series G Convertible Preferred Stocks. This agreement ensures that investors have the necessary rights and protections, while Object Soft Corp. can effectively manage and monitor the trading of its securities. It's important to note that there may be various types of Harris Texas Registration Rights Agreements tailored specifically to the company's needs and investor requirements. These agreements may vary based on factors such as the term length, specific registration rights granted, any additional restrictions, or any unique provisions relevant to the agreement.