The Tarrant Texas Warrant Agreement of Harley Industries, Inc. is a legal contract that outlines the details of a warrant issued by the company. A warrant is a financial instrument that gives the holder the right to purchase a specified number of shares of the company's stock at a predetermined price within a specified time period. It serves as an additional incentive for investors to purchase or hold the company's stock. Harley Industries, Inc., a leading aerospace and defense company based in Tarrant, Texas, offers various types of warrant agreements to investors. These warrant agreements may include: 1. Standard Warrant Agreement: This is the most common type of warrant agreement offered by Harley Industries, Inc. It provides the investor with the right to purchase a specific number of shares of the company's stock at a set price within a predetermined time frame. The terms, conditions, exercise price, and expiration date of the warrant are clearly defined in this agreement. 2. Cashless Exercise Warrant Agreement: This type of warrant agreement allows the investor to acquire shares without having to pay the exercise price in cash. Instead, the investor can exercise the warrant by surrendering a portion of the underlying shares in order to cover the cost of purchasing the remaining shares. 3. Down Round Warrant Agreement: In certain circumstances, Harley Industries, Inc. may issue warrants that are subject to a down round provision. This means that if the company issues additional shares of stock at a lower price than the warrants' exercise price, the exercise price of the warrants will be adjusted downwards to reflect the new lower price. 4. Callable Warrant Agreement: Under this type of warrant agreement, Harley Industries, Inc. reserves the right to call back or redeem the warrants at a predetermined price and within a specified timeframe. This gives the company the flexibility to potentially minimize dilution of ownership or finance future investments. The Tarrant Texas Warrant Agreement of Harley Industries, Inc. is a crucial component of the company's overall financial strategy. It provides investors with an opportunity to potentially benefit from the future growth of the company and align their interests with the company's success. The different types of warrant agreements offered by the company cater to the diverse needs and preferences of investors, ensuring flexibility and maximizing investment potential.