Houston Texas Investor Rights Agreement is a legally binding document that outlines the rights and responsibilities of investors who purchase Series C Preferred Stock shares in a company based in Houston, Texas. This agreement is crucial in safeguarding the interests of investors and ensuring a fair and transparent relationship between the company and its shareholders. The Houston Texas Investor Rights Agreement covers various important aspects, including but not limited to: 1. Purchase Terms: The agreement specifies the terms and conditions of purchasing Series C Preferred Stock shares, such as the price per share, the number of shares being purchased, and any restrictions or limitations on the purchase. 2. Voting Rights: It outlines the voting rights of the shareholders who hold Series C Preferred Stock shares. This includes the right to vote on matters pertaining to the company's management, corporate governance, and major strategic decisions. 3. Dividends and Distributions: The agreement defines the rights of investors to receive dividends or distributions from the company's profits. It outlines the timing, amount, and preference level for the payment of dividends to Series C Preferred Stock shareholders. 4. Conversion Rights: If applicable, the agreement outlines the conditions and procedures for converting Series C Preferred Stock into another class of securities, such as common stock or a different series of preferred stock. 5. Anti-Dilution Protection: The agreement may include provisions that protect investors from dilution of their ownership percentage in the company in the event of subsequent equity offerings or other corporate actions that may impact the value of their Series C Preferred Stock shares. 6. Tag-Along Rights: The agreement may grant investors the right to "tag along" with the majority shareholders in the event of a sale or transfer of the company, ensuring that they have the opportunity to sell their Series C Preferred Stock shares under the same terms and conditions. 7. Information Rights: The agreement may specify the company's obligation to provide regular financial and operational updates to the Series C Preferred Stock shareholders, allowing them to stay informed about the company's performance and make informed decisions. It is important to note that the specific provisions and terms in a Houston Texas Investor Rights Agreement may vary depending on the negotiated terms between the company and the investor. These agreements can be tailored to meet the unique needs and preferences of the parties involved. Different types or variations of Houston Texas Investor Rights Agreement specifically related to the purchase of Series C Preferred Stock shares might include "Series C Preferred Stock Purchase Agreement," "Series C Preferred Stock Investor Rights and Subscription Agreement," or "Series C Preferred Stock Purchase and Investor Rights Agreement," among others. These variations may have distinct terms and provisions that cater to the specific rights and preferences of investors purchasing Series C Preferred Stock shares.