Document:

Exhibit 4.1

 

DESIGNATIONS,

PREFERENCES AND RIGHTS

OF SERIES C PREFERRED STOCK

 

I.        
DESIGNATION AND AMOUNT; DIVIDENDS

 

A.                 
Designation. The designation of said series of preferred stock shall be Series C Preferred Stock, $0.001 par value per share (the
“Series C Preferred Stock”).

 

B.                 
Number of Shares. The number of shares of Series C Preferred Stock authorized shall be One Million (1,000,000) shares. Each share
of Series C Preferred Stock shall have a stated value equal to $0.001 (as may be adjusted for any stock dividends, combinations, or splits
with respect to such shares) ( the “Series C Stated Value”).

 

C.                 
Dividends. The Series C Preferred Stock is not entitled to receive dividends.

 

		II.	LIQUIDATION RIGHTS

 

The Series C Preferred Stock
is entitled, in the event of any voluntary liquidation, dissolution, or winding up of the Corporation, to receive payment or distribution
of a preferential amount before any payments or distributions are received by any class or series of preferred or common stock whether
now existing or created in the future.

 

		III.	CONVERSION

 

With the consent of the holder(s)
representing a majority of the issued and outstanding shares of Series C Preferred Stock, which may be withheld for any reason or no reason,
each outstanding share of Series C Preferred Stock may be convertible into the number of shares of Common Stock of the Corporation equal
to the result of: (i) 1.5 multiplied by the number of shares of Common Stock issued and outstanding calculated on a fully diluted basis
at the time of such conversion; (ii) divided by the total number of shares of Series C Preferred Stock issued and outstanding at the time
of such conversion.

 

Before any proposed conversion,
the holder of Series C Preferred Stock desiring to convert into Common Stock shall notify the other holders of Series C Preferred Stock
requesting consent of such conversion. If the consent of the holder(s) representing a majority of the issued and outstanding shares of
Series C Preferred Stock is granted, the holder of Series C Preferred Stock desiring to convert into Common Stock shall surrender her,
his or its certificate or certificates for all such shares to the Corporation at the place designated in such notice, and shall thereafter
receive certificates for the number of Common Stock to which such holder is entitled pursuant to this Article. On the date of conversion,
all rights with respect to the Series C Preferred Stock so converted will terminate, except only the rights of the holders thereof, upon
surrender of their certificate or certificates therefore, to receive certificates for the number of Common Stock into which such Series
C Preferred Stock has been converted. If so required by the Corporation, certificates surrendered for conversion shall be endorsed or
accompanied by written instrument or instruments of transfer, in form satisfactory to the Corporation, duly executed by the registered
holder or by his/her attorneys duly authorized in writing. All certificates evidencing Series C Preferred Stock which are required to
be surrendered for conversion in accordance with the provisions hereof shall, from and after the date such certificates are so required
to be surrendered, be deemed to have been retired and cancelled and the Series C Preferred Stock represented thereby converted into Common
Stock for all purposes, notwithstanding the failure of the holder or holders thereof to surrender such certificates on or prior to such
date. As soon as practicable after the date of such conversion and the surrender of the certificate or certificates for Series C Preferred
Stock as aforesaid, the Corporation shall cause to be issued and delivered to such holder, or on his or its written order, a certificate
or certificates for the number of full Common Stock issuable on such conversion in accordance with the provisions hereof; provided; however,
such certificate shall contain a restrictive legend with respect to its transferability pursuant to applicable laws.

 

 

 

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		IV.	RANK

 

All
shares of the Series C Preferred Stock shall rank (i) senior to the Corporation's common stock, par value $0.001 per share ("Common
Stock"), and any other class or series of capital stock of the Corporation hereafter created, except as otherwise provided in clauses
(ii) and (iii) of this Article IV, (ii) pari passu with any class or series of capital stock of the Corporation hereafter created
and specifically ranking, by its terms, on par with the Series C Preferred Stock and (iii) junior to any class or series of capital stock
of the Corporation hereafter created specifically ranking, by its terms, senior to the Series C Preferred Stock, in each case as to distribution
of assets upon liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary.

 

		V.	VOTING RIGHTS

 

Each issued and outstanding
shares of Series C Preferred Stock shall be entitled to the number of votes equal to the result of: (i) 1.5 multiplied by the addition
of: (A) the number of shares of Common Stock issued and outstanding at the time of such vote; and (B) the number of votes in the aggregate
of any outstanding shares of any class of preferred stock of the Corporation (other than the Series C Preferred Stock), if any, at the
time of such vote; divided by (ii) the total number of shares of Series C Preferred Stock issued and outstanding at the time of such vote,
at each meeting of shareholders of the Corporation with respect to any and all matters presented to the shareholders of the Corporation
for their action or consideration, including the election of directors. Holders of Series C Preferred Stock shall vote together with the
holders of Common Shares (and any other outstanding class of preferred stock of the Corporation (other than the Series C Preferred Stock),
if any.

 

		VI.	Drag Along Rights

 

(a)
In the event that any holder(s) of Series C Preferred Stock proposes to sell, or otherwise dispose of, to a Person or a group of Persons,
other than an Affiliate of the transferring shareholders (a “Purchaser”), shares of Series C Preferred Stock representing
conversion rights equal to more than fifty percent (50%) of the then outstanding shares of Common Stock (calculated on a fully diluted
basis)(a “Majority Sale”), such shareholders(s) (the “Proposing Stockholders”), shall have the right (the “Drag
Along Right”) to require each of the other holders of Series C Preferred Stock to sell, transfer and deliver, or cause to be sold,
transferred and delivered, to the Purchaser a number of shares of Series C Preferred Stock (and shares of Common Stock) held by each such
other shareholder(s) as shall equal the same percentage of the shares of Series C Preferred Stock held by such other shareholders as the
percentage of the shares of Series C Preferred Stock held by the Proposing Stockholders that the Proposing Stockholders propose to sell
to the Purchaser, upon the same terms (including the purchase price) and subject to the same conditions as are applicable to the Proposing
Stockholders.

 

(b)
The Proposing Stockholders shall provide notice to each of the other Shareholders (a “Drag Along Notice”) of (i) the
Proposing Stockholders’ intent to exercise their Drag Along Right in accordance with this article; (ii) the identity of the
proposed Purchaser in such Majority Sale and (iii) a summary of the purchase price and other relevant terms and conditions of such
Majority Sale, no later than ten (10) days prior to the proposed closing of such Majority Sale. At the closing of the sale pursuant to
the Drag Along Right, the Proposing Stockholders and the other shareholders subject to such Drag Along Right shall deliver to the proposed
Purchaser certificates representing their shares of Series C Preferred Stock (and shares of Common Stock), duly endorsed in blank for
transfer or accompanied by stock powers duly endorsed in blank, and the Purchaser shall pay to each such shareholder the consideration
due to it in accordance with the terms of such transaction, and this designation. Notwithstanding the foregoing, any such transaction
may be structured as a merger, consolidation, amalgamation or similar transaction at the discretion of the Proposing Stockholders and
the Purchaser and, in such event, each shareholder subject to the Drag Along Right agrees, if such transaction entitles shareholders to
vote thereupon or consent thereto, (x) to vote all of the shares of (and shares of Series C Preferred Stock) held by such shareholder
in favor of, or to consent to, any such transaction and (y) if applicable, not to exercise any appraisal or similar rights with respect
to such transaction.

 

		VII.	PROTECTION PROVISIONS

 

So long as any shares of Series
C Preferred Stock are outstanding, the Corporation shall not, without first obtaining the written consent of a majority of the holders
of Series C Preferred Stock, alter or change the rights, preferences, or privileges of the Series C Preferred Stock so as to affect adversely
the holders of Series C Preferred Stock.

 

Should any holder of Series
C Preferred Stock cease to be an officer or director of the Corporation at any time and for any reason, such holders' Series C Preferred
Stock shall be immediately cancelled.

 

 

 

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		VIII.	MISCELLANEOUS

 

A.                 
Status of Redeemed Stock. In case any shares of Series C Preferred Stock shall be redeemed or otherwise repurchased or reacquired,
the shares so redeemed, repurchased, or reacquired shall resume the status of authorized but unissued shares of preferred stock and shall
no longer be designated as Series C Preferred Stock.

 

B.                 
Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of any
Series C Preferred Stock Certificate(s) and (ii) in the case of loss, theft or destruction, indemnity (with a bond or other security)
reasonably satisfactory to the Corporation, or in the case of mutilation, the Series C Preferred Stock Certificate(s) (surrendered for
cancellation), the Corporation shall execute and deliver new Series C Preferred Stock Certificates.

 

C.                 
Waiver. Notwithstanding any provision in this Certificate of Designation to the contrary, any provision contained herein and any
right of the holders of Series C Preferred Stock granted hereunder may be waived as to all shares of Series C Preferred Stock (and the
holders thereof) upon the unanimous written consent of the holders of the Series C Preferred Stock.

 

D.                 
Notices. Any notices required or permitted to be given under the terms hereof shall be sent by certified or registered mail (return
receipt requested) or delivered personally, by nationally recognized overnight carrier or by confirmed email transmission, and shall be
effective five (5) days after being placed in the mail, if mailed, or upon receipt or refusal of receipt, if delivered personally or by
nationally recognized overnight carrier or confirmed email transmission, in each case addressed to a party as set forth below, or such
other address and telephone and fax number and email address as may be designated in writing hereafter in the same manner as set forth
in this Article.

 

If to the Corporation:

 

Ficaar, Inc.

257 Varet Street

Brooklyn, NY 11206

(212) 719-5290

Attn: Gail Levy, CEO

 

If
to the holders of Series C Preferred Stock, to the address listed in the Corporation's books and records.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

    	 	3Exhibit 4.2

 

DESIGNATIONS,

PREFERENCES AND RIGHTS

OF SERIES D PREFERRED STOCK

 

		I.	DESIGNATION AND AMOUNT; DIVIDENDS

 

A.                 
Designation. The designation of said series of preferred stock shall be Series D Preferred Stock, $0.001 par value per share (the
“Series D Preferred Stock”).

 

B.                 
Number of Shares. The number of shares of Series D Preferred Stock authorized shall be Eighteen Million (18,000,000) shares. Each
share of Series D Preferred Stock shall have a stated value equal to $0.001 (as may be adjusted for any stock dividends, combinations,
or splits with respect to such shares) ( the “Series D Stated Value”).

 

C.                 
Dividends. The Series D Preferred Stock is not entitled to receive dividends.

 

		II.	LIQUIDATION RIGHTS

 

The Series D Preferred Stock
is not entitled, in the event of any voluntary or involuntary liquidation, dissolution, or winding up of the Corporation, to receive payment
or distribution of a preferential amount before any payments or distributions are received by any class or series of preferred or common
stock whether now existing or created in the future. With respect to liquidation rights, Series D Preferred Stock is pari passu
with common stock.

 

		III.	CONVERSION

 

The holders
of the Series D Preferred Stock shall have conversion rights as follows (the “Conversion Rights”):

 

(a)                
Right to Convert. Each share of Series D Preferred Stock shall be convertible, at the option of the holder thereof, at any time
and from time to time, and without the payment of additional consideration by the holder thereof, into that number of fully paid and nonassessable
shares of Common Stock (whether whole or fractional) equal to 0.01% of the total number of shares of Common Stock outstanding at the Conversion
Time (as defined herein).

 

(b)               
Fractional Shares. No fractional shares of Common Stock shall be issued upon conversion of the Series D Preferred Stock. In lieu
of any fractional shares to which the holder would otherwise be entitled, the Corporation shall round the number of shares issued to the
nearest whole number. Whether or not fractional shares would be issuable upon such conversion shall be determined on the basis of the
total number of shares of Series D Preferred Stock the holder is at the time converting into Common Stock and the aggregate number of
shares of Common Stock issuable upon such conversion.

 

(c)                
Mechanics of Conversion.

		i.	Notice of Conversion. In order for a holder of Series D Preferred Stock to voluntarily convert
shares of Series D Preferred Stock into shares of Common Stock, such holder shall surrender the certificate or certificates for such shares
of Series D Preferred Stock (or, if such registered holder alleges that such certificate has been lost, stolen or destroyed, a lost certificate
affidavit and agreement reasonably acceptable to the Corporation to indemnify the Corporation against any claim that may be made against
the Corporation on account of the alleged loss, theft or destruction of such certificate), at the office of the transfer agent for the
Series D Preferred Stock (or at the principal office of the Corporation if the Corporation serves as its own transfer agent), together
with written notice that such holder elects to convert all or any number of the shares of the Series D Preferred Stock represented by
such certificate or certificates and, if applicable, any event on which such conversion is contingent. Such notice shall state such holder’s
name or the names of the nominees in which such holder wishes the certificate or certificates for shares of Common Stock to be issued.
If required by the Corporation, certificates surrendered for conversion shall be endorsed or accompanied by a written instrument or instruments
of transfer, in form satisfactory to the Corporation, duly executed by the registered holder or his, her or its attorney duly authorized
in writing. The close of business on the date of receipt by the transfer agent (or by the Corporation if the Corporation serves as its
own transfer agent) of such certificates (or lost certificate affidavit and agreement) and notice shall be the time of conversion (the
“Conversion Time”), and the shares of Common Stock issuable upon conversion of the shares represented by such certificate
shall be deemed to be outstanding of record as of such date. The Corporation shall, as soon as practicable after the Conversion Time,
issue and deliver to such holder of Series D Preferred Stock, a certificate or certificates for the number of full shares of Common Stock
issuable upon such conversion in accordance with the provisions hereof and a certificate for the number (if any) of the shares of Series
D Preferred Stock represented by the surrendered certificate that were not converted into Common Stock.

 

 

 

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		ii.	Reservation of Shares. The Corporation shall at all times when the Series D Preferred Stock shall
be outstanding, reserve and keep available out of its authorized but unissued capital stock, for the purpose of effecting the conversion
of the Series D Preferred Stock, such number of its duly authorized shares of Common Stock as shall from time to time be sufficient to
effect the conversion of all outstanding Series D Preferred Stock; and if at any time the number of authorized but unissued shares of
Common Stock shall not be sufficient to effect the conversion of all then outstanding shares of the Series D Preferred Stock, the Corporation
shall take such corporate action as may be necessary to increase its authorized but unissued shares of Common Stock to such number of
shares as shall be sufficient for such purposes, including, without limitation, engaging in best efforts to obtain the requisite shareholder
approval of any necessary amendment to the Articles of Incorporation. Before taking any action which would cause an adjustment reducing
the Series D Conversion Price below the then par value of the shares of Common Stock issuable upon conversion of the Series D Preferred
Stock, the Corporation will take any corporate action which may, in the opinion of its counsel, be necessary in order that the Corporation
may validly and legally issue fully paid and nonassessable shares of Common Stock at such adjusted Series D Conversion Price.

 

		iii.	Effect of Conversion. All shares of Series D Preferred Stock which shall have been surrendered
for conversion as herein provided shall no longer be deemed to be outstanding and all rights with respect to such shares shall immediately
cease and terminate at the Conversion Time, except only the right of the holders thereof to receive shares of Common Stock in exchange
therefor, to receive payment in lieu of any fraction of a share otherwise issuable upon such conversion as provided in Article III and
to receive payment of any dividends declared but unpaid thereon. Any shares of Series D Preferred Stock so converted shall be retired
and cancelled and may not be reissued as shares of such series, and the Corporation may thereafter take such appropriate action (without
the need for shareholder action) as may be necessary to reduce the authorized number of shares of Series D Preferred Stock accordingly.

 

		iv.	Taxes. The Corporation shall pay any and all issue and other similar taxes that may be payable
in respect of any issuance or delivery of shares of Common Stock upon conversion of shares of Series D Preferred Stock pursuant to this
Article III. The Corporation shall not, however, be required to pay any tax which may be payable in respect of any transfer involved in
the issuance and delivery of shares of Common Stock in a name other than that in which the shares of Series D Preferred Stock so converted
were registered, and no such issuance or delivery shall be made unless and until the person or entity requesting such issuance has paid
to the Corporation the amount of any such tax or has established, to the satisfaction of the Corporation, that such tax has been paid.

 

(d)               
Adjustments to Series D Preferred.

		i.	Adjustment for Reclassification, Exchange and Substitution. If the Common Stock issuable on the
conversion of Series D Preferred Stock shall be changed into the same or a different number of shares of any class or classes of stock,
whether by capital reorganization, reclassification, or otherwise, then and in each such event the holder of each share of Series D Preferred
Stock shall have the right thereafter to convert such share into the kind and amount of shares of stock and other securities and property
receivable on such reorganization, reclassification or other change, by holders of the number of shares of Common Stock into which such
shares of Series D Preferred Stock might have been converted immediately before such reorganization, reclassification, or change.

 

		ii.	Sales, Reorganizations, Mergers or Consolidations. In case of any consolidation or merger of the
Corporation with or into another entity, the sale, transfer or other disposition of all or substantially all of the assets of the Corporation
to another person or the sale, transfer or other disposition of securities of the Corporation representing 50% or more of the combined
voting power of the then outstanding securities of the Corporation, each share of Series D Preferred Stock shall thereafter be convertible
into the kind and amount of shares of stock or other securities or property that a holder of the number of shares of Common Stock of the
Corporation deliverable on conversion of Series D Preferred Stock would have been entitled on such consolidation, merger or sale on the
same basis as set forth herein.

 

(e)                
Conversion Limitations. In no event shall the Holder, or any future Holder, be entitled to convert any portion of the Series D
Preferred in excess of that portion of the Series D Preferred upon conversion of which the sum of (1) the number of shares of Common Stock
beneficially owned by the Holder and its affiliates (other than shares of Common Stock which may be deemed beneficially owned through
the ownership of the unconverted portion of the Series D Preferred or the unexercised or unconverted portion of any other security of
the Company subject to a limitation on conversion of exercise analogous to the limitations contained herein) and (2) the number of shares
of Common Stock issuable upon the conversion of the portion of the Series D Preferred with respect to which the determination of this
proviso is being made, would result in beneficial ownership by the Holder and its affiliates of more than 4.99% of the outstanding shares
of Common Stock of the Company at any given time. For the purposes of the immediately preceding sentence, beneficial ownership shall be
determined in accordance with Section 13(d) of Securities Exchange Act of 1934, as amended, and Rule 13d-3 thereunder.

 

 

 

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		IV.	RANK

 

All
shares of the Series D Preferred Stock shall rank (i) junior to the Corporation's Series C Preferred stock and any other class or series
of capital stock of the Corporation hereafter created, except as otherwise provided in clauses (ii) and (iii) of this Article IV, (ii)
pari passu with the Corporation’s Common Stock and any class or series of capital stock of the Corporation hereafter created
and specifically ranking, by its terms, on par with the Series D Preferred Stock and (iii) junior to any class or series of capital stock
of the Corporation hereafter created specifically ranking, by its terms, senior to the Series D Preferred Stock, in each case as to distribution
of assets upon liquidation, dissolution or winding up of the Corporation, whether voluntary or involuntary.

 

		V.	VOTING RIGHTS

 

Except as
otherwise provided herein or as otherwise required by law, the Series D Preferred shall have no voting rights. However, as long as any
shares of Series D Preferred are outstanding, the Company shall not, without the affirmative vote of the Holders of a majority of the
then outstanding shares of the Series D Preferred, (a) alter or change adversely the powers, preferences or rights given to the Series
D Preferred, (b) amend its certificate of incorporation or other charter documents in any manner that adversely affects any rights of
the Holders, (c) increase the number of authorized shares of Series D Preferred, or (d) enter into any agreement with respect to any of
the foregoing.

 

		VI.	PROTECTION PROVISIONS

 

So long as any shares of Series
D Preferred Stock are outstanding, the Corporation shall not, without first obtaining the unanimous written consent of the holders of
Series D Preferred Stock, alter or change the rights, preferences, or privileges of the Series D Preferred Stock so as to affect adversely
the holders of Series D Preferred Stock.

 

		VII.	MISCELLANEOUS

 

A.                 
Status of Redeemed Stock. In case any shares of Series D Preferred Stock shall be redeemed or otherwise repurchased or reacquired,
the shares so redeemed, repurchased, or reacquired shall resume the status of authorized but unissued shares of preferred stock and shall
no longer be designated as Series D Preferred Stock.

 

B.                 
Lost or Stolen Certificates. Upon receipt by the Corporation of (i) evidence of the loss, theft, destruction or mutilation of any
Series D Preferred Stock Certificate(s) and (ii) in the case of loss, theft or destruction, indemnity (with a bond or other security)
reasonably satisfactory to the Corporation, or in the case of mutilation, the Series D Preferred Stock Certificate(s) (surrendered for
cancellation), the Corporation shall execute and deliver new Series D Preferred Stock Certificates.

 

C.                 
Waiver. Notwithstanding any provision in this Certificate of Designation to the contrary, any provision contained herein and any
right of the holders of Series D Preferred Stock granted hereunder may be waived as to all shares of Series D Preferred Stock (and the
holders thereof) upon the unanimous written consent of the holders of the Series D Preferred Stock.

 

D.                 
Notices. Any notices required or permitted to be given under the terms hereof shall be sent by certified or registered mail (return
receipt requested) or delivered personally, by nationally recognized overnight carrier or by confirmed email transmission, and shall be
effective five (5) days after being placed in the mail, if mailed, or upon receipt or refusal of receipt, if delivered personally or by
nationally recognized overnight carrier or confirmed email transmission, in each case addressed to a party as set forth below, or such
other address and telephone and fax number and email address as may be designated in writing hereafter in the same manner as set forth
in this Article.

 

If to the Corporation:

 

Ficaar, Inc.

257 Varet Street

Brooklyn, NY 11206

(212) 719-5290

Attn: Gail Levy, CEO

 

If
to the holders of Series D Preferred Stock, to the address listed in the Corporation's books and records.

 

 

 

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