Company: SERV
Filing Date: 2025-03-06
Form Type: S-3
Source: 0001213900-25-021234
Chunk: 34

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-03-06
Form: S-3
Chunk 34
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’s obligations with respect to the following in respect of debt securities of such series will survive with respect to
such securities until otherwise terminated or discharged under the terms of the indenture or no debt securities of such series are outstanding:

| (a) | the rights of holders of outstanding debt securities of such series to receive payments in respect of the principal of, interest on or premium or additional amounts, if any, payable in respect of, such debt securities when such payments are due from the trust referred in clause (a) in the preceding paragraph, and any rights of such holder to convert or exchange such debt securities into common stock or other securities, cash or other property; |

| (b) | the issuance of temporary debt securities, the registration, transfer and exchange of debt securities, the replacement of mutilated, destroyed, lost or stolen debt securities and the maintenance of an office or agency for payment and holding payments in trust, and the Company’s obligations with respect to the payment of additional amounts, if any, on such securities, and with respect to any rights to convert or exchange such securities into common stock or other securities, cash or other property; |

| (c) | the rights, powers, trusts, duties and immunities of the trustee, and the Company’s obligations in connection therewith; and |

| (d) | the defeasance or covenant defeasance provisions of the indenture. |

Information Concerning the Trustee

The trustee, other than during the occurrence and
continuance of an event of default under the indenture, undertakes to perform only those duties as are specifically set forth in the indenture.
Upon an event of default under the indenture, the trustee must use the same degree of care as a prudent person would exercise or use under
the circumstances in the conduct of his or her own affairs. Subject to this provision and certain other limitations, the trustee is under
no obligation to exercise any of the powers given it by the indenture at the request of any holder of debt securities unless it is offered
indemnity satisfactory to it against the costs, expenses and liabilities that it might incur.

Applicable Law

The indenture provides that the debt securities
and the indenture will be governed by and construed in accordance with the laws of the State of New York, except to the extent that the
Trust Indenture Act is applicable.

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DESCRIPTION OF WARRANTS</div>

The following description, together with the additional
information we may include in