A Lima Arizona Registration Rights Agreement is a legal document that outlines the rights and obligations of Object Soft Corp. and the Investors in relation to the sale and purchase of 6% Series G convertible preferred stocks. This agreement ensures that both parties have a clear understanding of their respective roles and responsibilities. Under this agreement, Object Soft Corp. grants the Investors certain registration rights, which allow them to register and sell their 6% Series G convertible preferred stocks in compliance with applicable securities laws. These registration rights ensure that the Investors have the opportunity to realize the full value of their investment by providing them with the ability to sell their shares to the public. There can be different types of Lima Arizona Registration Rights Agreements between Object Soft Corp. and the Investors regarding the sale and purchase of 6% Series G convertible preferred stocks, depending on the specific terms and conditions negotiated between the parties. Some common types include: 1. Basic Registration Rights: This type of agreement grants the Investors the right to request registration of their shares for sale. Object Soft Corp. is obligated to file a registration statement with the applicable securities regulatory authority, and bear the associated expenses. 2. Piggyback Registration Rights: In addition to basic registration rights, this type of agreement allows the Investors to include their shares in registration statements filed by Object Soft Corp. for public offerings of its own securities. This enables the Investors to benefit from the marketing and underwriting efforts made by Object Soft Corp., facilitating the sale of their shares alongside the company's offering. 3. Demand Registration Rights: This type of agreement empowers the Investors to initiate the registration process at their discretion. They can demand that Object Soft Corp. file a registration statement to register their shares. However, this right might be subject to certain conditions, such as a minimum threshold of shares that must be included in the demand. 4. Shelf Registration Rights: This type of agreement permits the Investors to have their shares registered on a shelf, which allows for a more flexible approach to selling the securities. Investors can decide when and at what price to sell their shares, which provides them with greater control and liquidity. Regardless of the specific type of Lima Arizona Registration Rights Agreement, it is crucial for Object Soft Corp. and the Investors to have a comprehensive understanding of their rights and obligations to ensure a smooth and legally compliant process for the sale and purchase of 6% Series G convertible preferred stocks.