The Rhode Island Warrant Agreement of Harley Industries, Inc. is a legally binding document that establishes the terms and conditions for the issuance and exercise of warrants by the company in the state of Rhode Island. This agreement outlines the rights and obligations of both the warrant holders and Harley Industries, Inc. One type of Rhode Island Warrant Agreement is the Initial Warrant Agreement, which sets forth the terms for the initial issuance of warrants by Harley Industries, Inc. to investors or shareholders. This agreement includes details on the number of warrants issued, the exercise price, the expiration date, and any other relevant provisions. Another type of Rhode Island Warrant Agreement is the Amended and Restated Warrant Agreement, which is entered into on subsequent occasions to modify or update the terms of the initial warrant agreement. This type of agreement typically occurs when there are changes in the company's capital structure or when the terms of the warrants need to be adjusted due to unforeseen circumstances. The Rhode Island Warrant Agreement of Harley Industries, Inc. contains several key provisions that must be carefully reviewed. These provisions include: 1. Warrant Terms: The agreement specifies the key terms of the warrants, including the exercise price, number of shares exercisable per warrant, and the expiration date. It also outlines any conditions for exercise, such as vesting periods or milestone achievements. 2. Exercise of Warrants: The agreement details the process for warrant holders to exercise their warrants, including the procedure for delivering the necessary documents and payment of the exercise price. 3. Adjustments: In the event of certain corporate actions such as stock splits, mergers, or dividends, the agreement may include provisions to adjust the terms of the warrants to reflect these changes. 4. Transferability: The agreement defines the conditions under which warrants can be transferred or assigned to other parties, including any restrictions imposed by applicable securities laws. 5. Termination: The agreement specifies the circumstances under which the warrants can be terminated or expire, such as upon the occurrence of certain triggering events or the passage of a specified period. It is crucial for both Harley Industries, Inc. and the warrant holders to carefully review and understand the Rhode Island Warrant Agreement. Seeking legal counsel and guidance is highly recommended ensuring compliance with relevant laws and regulations, as well as to protect the rights and interests of all parties involved.