Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 31

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 31
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 series of debt securities will be set forth in the applicable prospectus supplement, documents incorporated
by reference or free writing prospectus relating thereto.

Conversion Rights

The terms and conditions, if any, upon which the
debt securities are convertible into common stock or preferred stock will be set forth in the applicable prospectus supplement, documents
incorporated by reference or free writing prospectus relating thereto. Such terms will include the conversion price (or manner of calculation
thereof), the conversion period, provisions as to whether conversion will be at the option of the holders or the Company, the events requiring
an adjustment of the conversion price and provisions affecting conversion in the event of redemption of such debt securities and any restrictions
on conversion.

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Redemption; Repurchase at the Option of the Holder; Sinking Fund

The terms and conditions, if any, upon which (a)
the debt securities are redeemable at the option of the Company, (b) the holder of debt securities may cause the Company to repurchase
such debt securities or (c) the debt securities are subject to any sinking fund will be set forth in the applicable prospectus supplement,
documents incorporated by reference or free writing prospectus relating thereto.

Repurchases on the Open Market

The Company or any affiliate of the Company may
at any time or from time to time repurchase any debt security in the open market or otherwise. Such debt securities may, at the option
of the Company or the relevant affiliate of the Company, be held, resold or surrendered to the trustee for cancellation.

Discharge, Defeasance and Covenant Defeasance

The indenture provides, with respect to each series
of debt securities issued thereunder, that the Company may satisfy and discharge its obligations under such debt securities of a series
and such indenture with respect to debt securities of such series if:

| (a) | all debt securities of such series previously authenticated and delivered, with certain exceptions, have been delivered to the trustee for cancellation; or |

| (b) |

| i. | the debt securities of such series have become due and payable, or mature within one year, or all of them are to be called for redemption within one year under arrangements satisfactory to the trustee for giving the notice of redemption and the Company irrevocably deposits in trust with the trustee, as trust funds solely for the benefit of the holders of such debt securities, for that purpose, money or governmental obligations or a combination