A North Dakota Registration Rights Agreement is a legally binding document that governs the sale and purchase of 6% Series G convertible preferred stocks between Object Soft Corp., a corporation, and its investors. It grants specific rights and obligations to both parties in relation to the registration of securities with the Securities and Exchange Commission (SEC). Here is a detailed description of what this agreement entails, along with relevant keywords: 1. Purpose: The North Dakota Registration Rights Agreement aims to ensure that Object Soft Corp. complies with federal securities laws and facilitates the registration process for the investors' 6% Series G convertible preferred stocks, enabling them to freely sell or transfer their shares without restrictions. 2. Parties: The agreement involves Object Soft Corp., the issuing company that has offered the 6% Series G convertible preferred stocks, and the investors who have purchased these stocks. 3. Convertible Preferred Stocks: The agreement specifically refers to the 6% Series G convertible preferred stocks, indicating that these stocks carry a fixed dividend rate of 6% and can be converted into common shares of Object Soft Corp. at a predetermined conversion ratio. 4. Sale and Purchase: The agreement governs the terms, conditions, and procedures for buying and selling the 6% Series G convertible preferred stocks. It establishes the rights and obligations of both Object Soft Corp. and the investors during any sale or transfer transactions. 5. Registration Process: The Registration Rights Agreement outlines the procedures and requirements for registering the 6% Series G convertible preferred stocks with the SEC. It highlights the responsibilities of Object Soft Corp. to initiate and maintain an effective registration statement on Form S-3 or any other applicable SEC form. 6. Piggyback Registration Rights: The agreement may include provisions granting the investors piggyback registration rights. These rights allow the investors to include their 6% Series G convertible preferred stocks in any registration statement filed by Object Soft Corp. for its own securities, subject to certain conditions and limitations. 7. Demand Registration Rights: Another type of North Dakota Registration Rights Agreement between Object Soft Corp. and the investors may involve demand registration rights. These rights enable the investors to request Object Soft Corp. to register the 6% Series G convertible preferred stocks with the SEC at their own expense, satisfying specific conditions outlined in the agreement. 8. Shelf Registration: The agreement may also address shelf registration, empowering Object Soft Corp. to file a registration statement for the 6% Series G convertible preferred stocks in advance. This allows the investors to sell their stocks directly from the registration statement, without the need for additional time-consuming registration processes. By implementing a North Dakota Registration Rights Agreement, Object Soft Corp. and its investors establish a clear framework for the sale and purchase of the 6% Series G convertible preferred stocks, promoting transparency, compliance with SEC regulations, and facilitating the free transferability of the securities.