Company: SERV
Filing Date: 2025-01-07
Form Type: 424B3
Source: 0001213900-25-001710
Chunk: 55

Company: Serve Robotics Inc. /DE/
Filing Date: 2025-01-07
Form: 424B3
Chunk 55
---
:

Address for Delivery of Shares to Purchaser (if not same as address
for notice):

Subscription Amount: $_________________

Shares: _________________

EIN Number: ____________________

☐
Notwithstanding anything contained in this Agreement to the contrary, by checking this box (i) the obligations of the above-signed to
purchase the securities set forth in this Agreement to be purchased from the Company by the above-signed, and the obligations of the Company
to sell such securities to the above-signed, shall be unconditional and all conditions to Closing shall be disregarded, (ii) the Closing
shall occur on the second (2) Trading Day following the date of this Agreement and (iii) any condition to Closing contemplated
by this Agreement (but prior to being disregarded by clause (i) above) that required delivery by the Company or the above-signed of any
agreement, instrument, certificate or the like or purchase price (as applicable) shall no longer be a condition and shall instead be an
unconditional obligation of the Company or the above-signed (as applicable) to deliver such agreement, instrument, certificate or the
like or purchase price (as applicable) to such other party on the Closing Date.

<div align='center'>[SIGNATURE PAGES CONTINUE]

41</div>

Exhibit 10.2

<div align='center'>PLACEMENT AGENCY AGREEMENT

January 7, 2025</div>

NORTHLAND SECURITIES, INC.

150 South Fifth Street, Suite 3300

Minneapolis, MN 55402

Ladies and Gentlemen:

Introduction. Subject
to the terms and conditions herein (this “”), Serve Robotics Inc. a Delaware corporation (the “”),
hereby agrees to sell up to an aggregate of $80.0 million of registered securities of the Company, including, but not limited to, 4,210,525
shares (the “”) of the Company’s common stock, $0.0001 par value per share (the "”)
directly to various investors (each, an “” and, collectively, the “”) through Northland
Securities, Inc. (the “”) as placement agent. The documents executed and delivered by the Company and
the Investors in connection with the Offering (as defined below), including, without limitation, a securities purchase agreement (the
“”), shall be collectively referred to herein as the “.”
The purchase price to the Investors for each Share is $19.00. The Placement Agent may