Franklin Ohio Investor Rights Agreement is a legal contract that outlines the terms and conditions related to the purchase of Series C Preferred Stock shares. This agreement provides important protections and rights for investors who hold these shares and aims to ensure transparency and clarity in the investment process. Under the Franklin Ohio Investor Rights Agreement, investors who purchase Series C Preferred Stock shares are granted certain rights, including but not limited to: 1. Voting Rights: Investors have the right to vote on matters that require shareholder approval, such as electing directors or approving mergers or acquisitions. 2. Information Rights: Investors are entitled to receive timely and accurate information about the company's financial performance, operations, and any material changes or events that may impact their investment. 3. Preemptive Rights: Investors have the opportunity to maintain their ownership percentage by having the first right to purchase additional shares in future funding rounds. 4. Anti-Dilution Protection: In the event of subsequent equity financings at a lower price per share, investors are protected from dilution by receiving additional shares to maintain the same economic interest. 5. Liquidation Preference: In the event of a liquidation or sale of the company, investors have the right to receive their investment back before common shareholders, providing a form of financial security. It is important to note that while the above rights are common in many investor rights agreements, variations may exist based on individual terms and negotiation. Additional types of Franklin Ohio Investor Rights Agreements regarding the purchase of Series C Preferred Stock shares may include the following: 1. Franklin Ohio Investor Rights Agreement — Standard Series C Preferred Stock: This agreement outlines the standard rights and protections for investors who purchase Series C Preferred Stock shares, as mentioned above. 2. Franklin Ohio Investor Rights Agreement — Participating Series C Preferred Stock: This agreement includes additional provisions granting investors the right to participate in the proceeds of a sale or liquidation on a more favorable basis compared to non-participating shares. 3. Franklin Ohio Investor Rights Agreement — Non-Voting Series C Preferred Stock: This agreement specifies that investors who purchase non-voting Series C Preferred Stock shares are not entitled to voting rights but retain other rights and protections outlined in the standard agreement. Investors should carefully review the specific terms and conditions outlined in the Franklin Ohio Investor Rights Agreement before entering into any investment agreement. It is recommended to consult with legal and financial professionals to ensure a thorough understanding of the agreement and its implications.