The Wake North Carolina Investor Rights Agreement is a comprehensive and legally binding document that outlines the terms and conditions regarding the purchase of Series C Preferred Stock shares. This agreement serves to protect the rights and interests of investors who participate in the funding and capitalization of Wake North Carolina, a prominent company located in the state of North Carolina. The Investor Rights Agreement encompasses various key aspects related to the purchase of Series C Preferred Stock shares. It delineates the investor's rights, privileges, and protections, ensuring their fair treatment and representation within Wake North Carolina's decision-making processes. This agreement serves as a safeguard for investors, contributing to their overall confidence and trust in the company. The Wake North Carolina Investor Rights Agreement contains essential provisions that include, but are not limited to: 1. Purchase Terms: The agreement outlines the terms and conditions under which investors may purchase Series C Preferred Stock shares. It clarifies the specific price per share, any rights to purchase additional shares, and any limitations or restrictions on selling or transferring the shares. 2. Voting Rights: This agreement grants the investors the right to participate in any matters requiring the approval of stockholders. It delineates the process for voting on major decisions, such as electing the board of directors or approving significant corporate actions. 3. Information Rights: Wake North Carolina is obliged to provide regular updates and financial statements to the investors. These reports ensure transparency and provide investors with a clear understanding of the company's performance, enabling them to make informed decisions regarding their investment. 4. Protective Provisions: The Investor Rights Agreement may also include protective provisions that grant certain rights and privileges to investors, preventing any potential dilution of their investment or substantial changes to the company's structure without their consent. It is worth noting that there may be different versions or variations of the Wake North Carolina Investor Rights Agreement depending on the specific series of Preferred Stock being purchased. For example, the Series A Preferred Stock Investor Rights Agreement and the Series B Preferred Stock Investor Rights Agreement could differ in terms of the unique provisions applicable to each series. The exact variations and specific details can only be determined by reviewing the relevant agreements for each series of Wake North Carolina's Preferred Stock.