Oklahoma Warrant Agreement between A.L. Pharma, Inc., and The First National Bank of Boston is a legally binding contract that outlines the terms and conditions for the issuance and exercise of warrants. In this agreement, A.L. Pharma, Inc. is the warrant issuer, while The First National Bank of Boston serves as the warrant holder. This agreement is designed to protect the interests of both parties and facilitate a smooth transaction process. It provides a framework for the purchase or sale of securities at a predetermined price within a specified period. The agreement also contains provisions related to the exercise, transfer, and expiration of the warrants. There are several types of Oklahoma Warrant Agreements that can be established between A.L. Pharma, Inc., and The First National Bank of Boston. These include: 1. Standard Warrant Agreement: This is the most common type of warrant agreement, wherein A.L. Pharma, Inc. issues warrants to The First National Bank of Boston, allowing them to purchase a specific number of shares at a predetermined price within a specified timeframe. 2. Cashless Warrant Agreement: In this type of agreement, The First National Bank of Boston has the option to exercise the warrants by surrendering a portion of the underlying shares instead of paying cash. This arrangement is commonly used to minimize the financial impact on the warrant holder. 3. Equity Clawback Warrant Agreement: This agreement allows A.L. Pharma, Inc. to repurchase the warrants from The First National Bank of Boston at predetermined terms. The repurchase can occur at specified intervals or under certain conditions, providing added flexibility to both parties. 4. Partial Exercise Warrant Agreement: This type of warrant agreement permits The First National Bank of Boston to partially exercise the warrants, meaning they can choose to exercise only a portion of the total number of warrants they hold. It is essential for both parties involved to thoroughly review and understand the terms and conditions specified in the Oklahoma Warrant Agreement. Legal counsel should be sought to ensure compliance with applicable laws and regulations.