The Missouri Warrant Agreement between A.L. Pharma, Inc. and The First National Bank of Boston is a legally binding document that outlines the terms and conditions related to the issuance and exercise of warrants. It ensures the protection of both parties' interests and defines the rights and obligations associated with the warrants. This agreement can be categorized into various types based on specific criteria, including: 1. Ordinary Warrant Agreement: An ordinary warrant agreement refers to a standard agreement between A.L. Pharma, Inc. and The First National Bank of Boston, regarding the issuance and exercise of warrants. It covers the basic terms and conditions applicable to all warrant agreements. 2. Convertible Warrant Agreement: A convertible warrant agreement is a specialized type of warrant agreement, allowing the conversion of the warrants into a predetermined number of shares of A.L. Pharma, Inc.'s stock. This type of warrant offers investors the option to convert their warrants into common shares at a specified conversion rate. 3. Preemptive Warrant Agreement: A preemptive warrant agreement grants existing shareholders of A.L. Pharma, Inc. the right to purchase additional shares, usually before a new issue of shares is made available to the public. This agreement ensures that existing shareholders have the opportunity to maintain their percentage ownership in the company. 4. Secondary Market Warrant Agreement: A secondary market warrant agreement involves the trading of warrants on secondary markets rather than being exercised directly with the company. This type of agreement allows investors to buy and sell warrants like other securities, promoting liquidity and providing opportunities for profit. 5. Stock Warrant Agreement: A stock warrant agreement is a type of agreement that enables the holder to purchase a specific number of shares of A.L. Pharma, Inc.'s common stock at a predetermined price within a specified period. These warrants often serve as an incentive or added benefit in certain financial transactions or investment deals. In summary, the Missouri Warrant Agreement between A.L. Pharma, Inc. and The First National Bank of Boston is a comprehensive legal document that outlines the terms, conditions, and rights associated with the issuance and exercise of warrants. The agreement can be further classified based on specific features, such as convertibility, preemptive rights, trading on secondary markets, or applicability to common stock.