Travis Texas Warrant Agreement is a legally binding contract between Immunomedics, Inc. and the holder of the warrant, granting the right to purchase a specific number of shares of common stock at a predetermined price. This agreement serves as a financial tool for investors, allowing them to capitalize on the potential upside of Immunomedics, Inc.'s stock. The Travis Texas Warrant Agreement of Immunomedics, Inc. offers several types, designed to cater to diverse investor preferences. These include: 1. Traditional Warrant Agreement: The most common type of warrant agreement, it enables investors to purchase shares of common stock at a predetermined exercise price, within a specific timeframe. 2. Callable Warrant Agreement: This type of warrant agreement provides Immunomedics, Inc. with the right to redeem the warrants at a predetermined price before their expiration date. It supports flexibility for the company if certain conditions are met. 3. Cashless Exercise Warrant Agreement: In this agreement, investors have the option to exercise their warrants without making a cash payment. Instead, the exercise price is deducted from the value of the underlying stock. 4. Incentive Warrant Agreement: Designed to reward specific achievements or goals, this warrant agreement may provide additional benefits, such as lower exercise prices or extended exercise periods, encouraging investors to commit long-term. 5. Prefunded Warrant Agreement: This unique agreement allows investors to purchase shares by paying an exercise price equal to the difference between the market price and the warrant strike price, eliminating any dilution. Travis Texas Warrant Agreement of Immunomedics, Inc. is an essential financial tool assuring investors the right to purchase common stock at a predetermined price. The agreement's multiple variations cater to various investor preferences, providing flexibility for both the company and the warrant holders.