A Los Angeles California Warrant Agreement is a legal document that outlines the terms and conditions agreed upon between A.L. Pharma, Inc. and The First National Bank of Boston regarding the issuance and exercise of warrants. This agreement serves as a financial instrument that grants the holder the right, but not the obligation, to purchase a specific number of shares of A.L. Pharma, Inc. stock at a predetermined price, known as the exercise price. The First National Bank of Boston acts as the warrant holder in this agreement, while A.L. Pharma, Inc. is the issuer. There can be different types of Los Angeles California Warrant Agreements between A.L. Pharma, Inc. and The First National Bank of Boston. Some common types include: 1. Standard Warrant Agreement: This type of agreement establishes the standard terms and conditions for the issuance and exercise of warrants, including the expiration date, exercise price, and conditions for early termination. 2. Cashless Exercise Warrant Agreement: This agreement allows the warrant holder to exercise their warrants without the need for cash payment, but rather by surrendering a certain number of underlying shares. This method is often used when the exercise price is significantly higher than the current market price. 3. Re settable Warrant Agreement: In this type of agreement, the exercise price of the warrants is subject to adjustment based on certain predetermined conditions, such as a significant change in the market price of the underlying stock or the occurrence of specific corporate events. 4. Anti-Dilution Warrant Agreement: This agreement protects the warrant holder from potential dilution of their ownership stake in the event of a corporate action, such as a stock split, stock dividend, or issuance of additional shares. These are just a few examples of the possible variations of Los Angeles California Warrant Agreements between A.L. Pharma, Inc. and The First National Bank of Boston. Each agreement is tailored to meet the specific needs and objectives of the parties involved, ensuring a fair and mutually beneficial arrangement.