A North Dakota Warrant Agreement is a legally binding contract between A.L. Pharma, Inc. and The First National Bank of Boston that outlines the terms and conditions of an agreement regarding warrants. Warrants are financial instruments that give the holder the right, but not the obligation, to buy or sell a certain quantity of securities at a specific price within a specified time frame. In this specific agreement, A.L. Pharma, Inc. and The First National Bank of Boston are involved in a warrant transaction related to securities. The agreement specifies the details of the warrant, such as the exercise price, the expiration date, and the number of warrants issued. It also includes provisions regarding the rights and responsibilities of both parties involved, and any conditions or restrictions that apply to the warrants. It is important to note that while this description refers to a specific North Dakota Warrant Agreement between A.L. Pharma, Inc. and The First National Bank of Boston, there may be variations or different types of warrant agreements in North Dakota, depending on the specific terms, parties, or underlying securities involved.