The Kings New York Registration Rights Agreement is a legally binding contract that outlines the rights and responsibilities between Object Soft Corp. and Investors regarding the sale and purchase of 6% Series G convertible preferred stocks. This agreement ensures transparency, regulatory compliance, and investor protection throughout the process. Under this agreement, Object Soft Corp. grants certain registration rights to the investors. These rights enable investors to request the registration of their shares with the Securities and Exchange Commission (SEC), allowing them to sell or transfer the 6% Series G convertible preferred stocks in the public market. The registration process ensures that the investment is adequately disclosed to potential buyers, providing a fair and efficient marketplace. The Kings New York Registration Rights Agreement establishes specific terms and conditions for the registration process. It may include details such as the number of shares to be registered, the timeline for registration, and the expenses associated with the registration process. By defining these terms, both Object Soft Corp. and investors have a clear understanding of their rights and obligations. Additionally, the agreement may contain different types of Kings New York Registration Rights Agreements, such as "Demand Registration Rights" and "Piggyback Registration Rights." 1. Demand Registration Rights: This type of agreement grants investors the right to request that Object Soft Corp. registers their shares for sale in the public market. The investors may exercise this right at any time, following the specific procedures and limitations outlined in the agreement. This provision helps investors capitalize on market opportunities or liquidate their investment when desired. 2. Piggyback Registration Rights: Under this provision, investors have the right (but not the obligation) to include their shares for registration when Object Soft Corp. files a registration statement for any public offering of its securities. This type of agreement allows investors to take advantage of the company's registration efforts and sell their shares alongside the company's offering. It provides an avenue for investors to exit their positions in an orderly manner. In conclusion, the Kings New York Registration Rights Agreement is a crucial document that governs the sale and purchase of 6% Series G convertible preferred stocks between Object Soft Corp. and Investors. It ensures transparency, compliance, and protection for both parties involved in the transaction. The agreement may include different types, such as Demand Registration Rights and Piggyback Registration Rights, allowing investors to exercise their rights based on their specific needs and market conditions.