Hennepin Minnesota 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: Hennepin
• 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. Hennepin Minnesota Registration Rights Agreement between Object Soft Corp. and Investors regarding the sale and purchase of 6% Series G convertible preferred stocks is a legally binding contract that outlines the rights and obligations of both parties involved in the transaction. This agreement provides investors with certain rights and protections when it comes to registering their shares for the purpose of public sale. Under this agreement, Object Soft Corp. agrees to undertake certain actions to support the registration of the investors' preferred stocks with the appropriate regulatory authorities. This includes preparing and filing all necessary registration statements, prospectuses, and other related documents required for the offering. The Hennepin Minnesota Registration Rights Agreement grants the investors the following key rights: 1. Demand Rights: The investors have the right to request Object Soft Corp. to register their shares under the Securities Act of 1933 for an initial public offering (IPO) or any subsequent public offering. This demand must meet certain minimum thresholds specified in the agreement. 2. Piggyback Rights: If Object Soft Corp. decides to register any of its securities for public sale, the investors have the right to include their shares in such registration, allowing them to utilize the company's existing registration process. 3. Registration Expenses: Object Soft Corp. agrees to bear all the costs associated with the registration process, including legal and accounting fees, filing fees, printing expenses, and other related expenses. 4. Indemnification: Object Soft Corp. provides indemnification to the investors, protecting them from any losses, claims, damages, or liabilities arising from any misrepresentation or omission made in the registration statements. It is worth noting that depending on specific circumstances and negotiations, there may be different variants or amendments to the Hennepin Minnesota Registration Rights Agreement. Some of these variants may include additional rights or limitations for either party involved. Examples of potential variants could include "Hennepin Minnesota Registration Rights Agreement — Series G-1" or "Hennepin Minnesota Registration Rights Agreement — Series G-2," indicating specific amendments or different series of preferred stocks.

Hennepin Minnesota Registration Rights Agreement between Object Soft Corp. and Investors regarding the sale and purchase of 6% Series G convertible preferred stocks is a legally binding contract that outlines the rights and obligations of both parties involved in the transaction. This agreement provides investors with certain rights and protections when it comes to registering their shares for the purpose of public sale. Under this agreement, Object Soft Corp. agrees to undertake certain actions to support the registration of the investors' preferred stocks with the appropriate regulatory authorities. This includes preparing and filing all necessary registration statements, prospectuses, and other related documents required for the offering. The Hennepin Minnesota Registration Rights Agreement grants the investors the following key rights: 1. Demand Rights: The investors have the right to request Object Soft Corp. to register their shares under the Securities Act of 1933 for an initial public offering (IPO) or any subsequent public offering. This demand must meet certain minimum thresholds specified in the agreement. 2. Piggyback Rights: If Object Soft Corp. decides to register any of its securities for public sale, the investors have the right to include their shares in such registration, allowing them to utilize the company's existing registration process. 3. Registration Expenses: Object Soft Corp. agrees to bear all the costs associated with the registration process, including legal and accounting fees, filing fees, printing expenses, and other related expenses. 4. Indemnification: Object Soft Corp. provides indemnification to the investors, protecting them from any losses, claims, damages, or liabilities arising from any misrepresentation or omission made in the registration statements. It is worth noting that depending on specific circumstances and negotiations, there may be different variants or amendments to the Hennepin Minnesota Registration Rights Agreement. Some of these variants may include additional rights or limitations for either party involved. Examples of potential variants could include "Hennepin Minnesota Registration Rights Agreement — Series G-1" or "Hennepin Minnesota Registration Rights Agreement — Series G-2," indicating specific amendments or different series of preferred stocks.