King Washington 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: King
• 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 King Washington Registration Rights Agreement is a legally binding document that outlines the rights and obligations between Object Soft Corp. and its investors in relation to the sale and purchase of 6% Series G convertible preferred stocks. This agreement ensures that both parties are on the same page regarding the registration and transfer of these securities. The purpose of the King Washington Registration Rights Agreement is to provide the investors with certain rights and privileges related to the registration of their securities with the relevant regulatory authorities, such as the Securities and Exchange Commission (SEC). By registering these securities, Object Soft Corp. acknowledges the importance of providing investors with the opportunity to sell or transfer their stocks in a transparent and regulated manner. The agreement typically includes provisions related to the timing and method of the registration process, as well as the expenses associated with it. It may specify the amount of time Object Soft Corp. has to file a registration statement with the SEC and the company's commitment to use its best endeavors to have the registration statement declared effective by the competent authorities. Furthermore, the King Washington Registration Rights Agreement may outline the different types of registration rights available to the investors. For instance, there could be demand registration rights which allow the investors to request Object Soft Corp. to register their securities at any given time. Alternatively, there may be piggyback registration rights, enabling the investors to include their securities in registrations filed by the company for other purposes. In some cases, the agreement may also establish limitations on the number of securities that can be registered by Object Soft Corp. in response to demand from the investors. These limitations are often designed to protect the company's future financing plans and to prevent any potential dilution of existing shareholders' interests. Overall, the King Washington Registration Rights Agreement serves as a framework for ensuring transparency and fair treatment in the sale and purchase of 6% Series G convertible preferred stocks between Object Soft Corp. and its investors. It aims to protect the rights of both parties and to facilitate the smooth transfer of securities while complying with relevant regulatory requirements.

The King Washington Registration Rights Agreement is a legally binding document that outlines the rights and obligations between Object Soft Corp. and its investors in relation to the sale and purchase of 6% Series G convertible preferred stocks. This agreement ensures that both parties are on the same page regarding the registration and transfer of these securities. The purpose of the King Washington Registration Rights Agreement is to provide the investors with certain rights and privileges related to the registration of their securities with the relevant regulatory authorities, such as the Securities and Exchange Commission (SEC). By registering these securities, Object Soft Corp. acknowledges the importance of providing investors with the opportunity to sell or transfer their stocks in a transparent and regulated manner. The agreement typically includes provisions related to the timing and method of the registration process, as well as the expenses associated with it. It may specify the amount of time Object Soft Corp. has to file a registration statement with the SEC and the company's commitment to use its best endeavors to have the registration statement declared effective by the competent authorities. Furthermore, the King Washington Registration Rights Agreement may outline the different types of registration rights available to the investors. For instance, there could be demand registration rights which allow the investors to request Object Soft Corp. to register their securities at any given time. Alternatively, there may be piggyback registration rights, enabling the investors to include their securities in registrations filed by the company for other purposes. In some cases, the agreement may also establish limitations on the number of securities that can be registered by Object Soft Corp. in response to demand from the investors. These limitations are often designed to protect the company's future financing plans and to prevent any potential dilution of existing shareholders' interests. Overall, the King Washington Registration Rights Agreement serves as a framework for ensuring transparency and fair treatment in the sale and purchase of 6% Series G convertible preferred stocks between Object Soft Corp. and its investors. It aims to protect the rights of both parties and to facilitate the smooth transfer of securities while complying with relevant regulatory requirements.