Rani Therapeutics Holdings, Inc. Sample Contracts

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • October 16th, 2024 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of October 15, 2024, between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).

RANI THERAPEUTICS HOLDINGS, INC. Issuer AND [TRUSTEE], Trustee INDENTURE Dated as of __________, 20___ Debt Securities
Indenture • August 1st, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

INDENTURE, dated as of ________, 20___, among Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and [TRUSTEE], as trustee (the “Trustee”):

Rani Therapeutics Holdings, Inc. Shares of Class A Common Stock (par value $0.0001 per share) Controlled Equity OfferingSM Sales Agreement
Sales Agreement • August 25th, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), confirms its agreement (this “Agreement”) with Cantor Fitzgerald & Co. and H.C. Wainwright & Co., LLC (each an “Agent” and together, the “Agents”), as follows:

SERIES C COMMON STOCK PURCHASE WARRANT RANI THERAPEUTICS HOLDINGS, INC.
Warrant Agreement • October 16th, 2024 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

THIS SERIES C COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on October __, 2029 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), up to ______ shares of Common Stock (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

RANI THERAPEUTICS HOLDINGS, INC. AND _____________, AS WARRANT AGENT FORM OF PREFERRED STOCK WARRANT AGREEMENT DATED AS OF __________, 20___
Preferred Stock Warrant Agreement • August 1st, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

THIS PREFERRED STOCK WARRANT AGREEMENT (this “Agreement”), dated as of ________, 20___, between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and [•], a [corporation] [national banking association] organized and existing under the laws of [•] and having a corporate trust office in [•], as warrant agent (the “Warrant Agent”).

RANI THERAPEUTICS HOLDINGS, INC. AND _____________, AS WARRANT AGENT FORM OF DEBT SECURITIES WARRANT AGREEMENT DATED AS OF __________, 20___
Warrant Agreement • August 1st, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

THIS DEBT SECURITIES WARRANT AGREEMENT (this “Agreement”), dated as of ________, 20___, between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and [•], a [corporation] [national banking association] organized and existing under the laws of [•] and having a corporate trust office in [•], as warrant agent (the “Warrant Agent”).

RANI THERAPEUTICS HOLDINGS, INC. AND _____________, AS WARRANT AGENT FORM OF CLASS A COMMON STOCK WARRANT AGREEMENT DATED AS OF __________, 20___
Warrant Agreement • August 1st, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

THIS CLASS A COMMON STOCK WARRANT AGREEMENT (this “Agreement”), dated as of ________, 20___, between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and [•], a [corporation] [national banking association] organized and existing under the laws of [•] and having a corporate trust office in [•], as warrant agent (the “Warrant Agent”).

PREFUNDED COMMON STOCK PURCHASE WARRANT RANI THERAPEUTICS HOLDINGS, INC.
Prefunded Common Stock Purchase Warrant • October 16th, 2024 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

THIS PREFUNDED COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), up to ______ shares of Common Stock (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

INDEMNITY AGREEMENT
Indemnification Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • Delaware

THIS INDEMNITY AGREEMENT (this “Agreement”) dated as of [ ], is made by and between RANI THERAPEUTICS HOLDINGS, INC., a Delaware corporation (the “Company” or “Rani” ), and (“Indemnitee” ).

LOAN AND SECURITY AGREEMENT Dated as of September 15, 2020 between RANI THERAPEUTICS, LLC, a California limited liability company, as “Borrower”, and AVENUE VENTURE OPPORTUNITIES FUND, L.P., a Delaware limited partnership, as “Lender”
Loan and Security Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

Borrower and Lender have entered or anticipate entering into one or more transactions pursuant to which Lender agrees to make available to Borrower a loan facility governed by the terms and conditions set forth in this document and one or more Supplements executed by Borrower and Lender which incorporate this document by reference. Each Supplement constitutes a supplement to and forms part of this document, and will be read and construed as one with this document, so that this document and the Supplement constitute a single agreement between the parties (collectively referred to as this “Agreement”).

FORM OF TAX RECEIVABLE AGREEMENT between RANI THERAPEUTICS HOLDINGS, INC. and THE PERSONS NAMED HEREIN Dated as of [ ]
Tax Receivable Agreement • July 16th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • Delaware

This TAX RECEIVABLE AGREEMENT (this “Agreement”), is dated as of [ ], 2021, and is between Rani Therapeutics Holdings, Inc., a Delaware corporation, each of the undersigned parties, and each of the other persons from time to time that becomes a party hereto (each, excluding the Corporate Taxpayer and OpCo (each as defined below), a “TRA Party” and together the “TRA Parties”).

RANI THERAPEUTICS, LLC FIFTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT Dated as of August 3, 2021
Limited Liability Company Agreement • March 31st, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

THIS FIFTH AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT, dated as of August 3, 2021, is entered into by and among Rani Therapeutics, LLC, a California limited liability company (the “Company”), Rani Therapeutics Holdings, Inc., a Delaware corporation (“PubCo”), and the Members, and is made effective as of the Effective Time. Capitalized terms used herein without definition shall have the meanings assigned to such terms in Article I.

RANI THERAPEUTICS, LLC
Employment Agreement • May 11th, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

You are currently employed by RANI MANAGEMENT SERVICES, INC. (“RMS”) under the terms of an offer letter between you and RMS dated July 29, 2021 (the “Offer Letter”). Your employment is being transitioned to Rani Therapeutics, LLC (the “Company”) and this employment agreement (the “Agreement”) reflects your new employment terms. Once you accept this Agreement by signing and returning it to the Company, this Agreement shall supersede and replace your Offer Letter in its entirety. This Agreement, together with the other documents and agreements referenced herein, shall then govern the terms of your employment with the Company.

SERIES D COMMON STOCK PURCHASE WARRANT RANI THERAPEUTICS HOLDINGS, INC.
Series D Common Stock Purchase Warrant • May 20th, 2025 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

THIS SERIES D COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the Shareholder Approval Date (as defined below) (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on the date that is the five year anniversary of the Shareholder Approval Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), up to______________ shares of Common Stock (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

August 31, 2022 Talat Imran VIA EMAIL Re: Amended and Restated Employment Agreement Dear Talat:
Employment Agreement • March 22nd, 2023 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

You are currently employed by RANI MANAGEMENT SERVICES, INC. (“RMS”) under the terms of an employment agreement between you and RMS dated June 17, 2021 (the “ RMS Agreement”). Your employment is being transitioned from RMS to Rani Therapeutics, LLC (the “Company”) effective as of September 1, 2022 (the “Transition Date”). Once you accept this employment agreement (the “Agreement”) by signing and returning it to the Company, this Agreement shall supersede and replace the RMS agreement in its entirety. This Agreement, together with the other documents and agreements referenced herein, shall then govern the terms of your employment with the Company.

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • July 16th, 2025 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of July 14, 2025, between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).

PRE-FUNDED COMMON STOCK PURCHASE WARRANT RANI THERAPEUTICS HOLDINGS, INC.
Pre-Funded Common Stock Purchase Warrant • October 17th, 2025 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

THIS PRE-FUNDED COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [_____________] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date hereof (the “Initial Exercise Date”) and until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), up to [______] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Class A Common Stock (“Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • May 27th, 2026 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of May 26, 2026, by and between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).

Rani Management Services, Inc. - InCube Labs, LLC SERVICE AGREEMENT
Service Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This service agreement (this “Agreement”), is made and entered into effective as of January 1, 2021 (the “Effective Date”) by and between InCube Labs, LLC, a Delaware limited liability company (“InCube”), and Rani Management Services, Inc., a Delaware corporation (“RMS”), each a “Party” and collectively the “Parties.”

License and Supply Agreement By and Between Rani Therapeutics, LLC and Celltrion, Inc. Dated May 26, 2023
License and Supply Agreement • August 11th, 2023 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • Delaware

This License and Supply Agreement (this “Agreement”), effective as of May 26, 2023 (the “Effective Date”), is by and between Rani Therapeutics, LLC, a California limited liability company having an address at 2051 Ringwood Ave., San Jose, California 95131, USA (“Rani”), and Celltrion, Inc., having an address at 23, Academy-ro, Yeonsu-gu, Incheon, 22014, Republic of Korea (“Celltrion”). Rani and Celltrion are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.

AMENDMENT NO. 1 TO SERVICE AGREEMENT BETWEEN INCUBE LABS, LLC AND RANI THERAPEUTICS, LLC
Service Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This Amendment No. 1 (the “Amendment”) amends the Service Agreement with an effective date of January 1, 2019, by and between Rani Therapeutics, LLC (“Rani”) and InCube Labs, LLC (“InCube”) and is effective as of January 1, 2020.

InCube Labs, LLC SERVICE AGREEMENT
Service Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This SERVICE AGREEMENT (“Agreement”), is made and entered into effective as of January 1, 2019 (the “Effective Date”) by and between Rani Therapeutics, LLC (“Rani”) and InCube Labs, LLC (“InCube”) (collectively referred to as the “Parties”), in reference to the following:

LOAN AND SECURITY AGREEMENT Dated as of August 8, 2022 among RANI THERAPEUTICS, LLC, a California limited liability company, as “Borrower”, RANI MANAGEMENT SERVICES, INC., a Delaware corporation, and as a guarantor RANI THERAPEUTICS HOLDINGS, INC., a...
Loan and Security Agreement • August 10th, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

Borrower, Guarantors, Lenders and Agent anticipate entering into one or more transactions pursuant to which each Lender agrees to make available to Borrower a loan facility governed by the terms and conditions set forth in this document and one or more Supplements executed by Borrower, Guarantors, Lenders and Agent which incorporate this document by reference. Each Supplement constitutes a supplement to and forms part of this document, and will be read and construed as one with this document, so that this document and the Supplement constitute a single agreement among the parties (collectively referred to as this “Agreement”).

SUPPLEMENT to the Loan and Security Agreement dated as of September 15, 2020 between Rani Therapeutics, LLC (“Borrower”) and Avenue Venture Opportunities Fund, L.P. (“Lender”)
Loan and Security Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This is a Supplement identified in the document entitled Loan and Security Agreement, dated as of September 15, 2020 (as amended, restated, supplemented and modified from time to time, the “Loan and Security Agreement”), by and between Borrower and Lender. All capitalized terms used in this Supplement and not otherwise defined in this Supplement have the meanings ascribed to them in Article 10 of the Loan and Security Agreement, which is incorporated in its entirety into this Supplement. In the event of any inconsistency between the provisions of the Loan and Security Agreement and this Supplement, this Supplement is controlling.

RANI THERAPEUTICS, LLC
Intellectual Property Agreement, Service Agreement, Exclusive License Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations
EXCLUSIVE LICENSE AGREEMENT between InCube Labs, LLC. (“Licensor”) and Rani Therapeutics, LLC (“Licensee”)
Exclusive License Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This exclusive license agreement (the “Agreement”) is made effective on June 14, 2012 (the “Effective Date”), between InCube Labs, LLC (“Licensor”), and Rani Therapeutics, LLC, a California limited liability corporation (“Licensee”).

COMMON STOCK PURCHASE WARRANT RANI THERAPEUTICS HOLDINGS, INC.
Common Stock Purchase Warrant • October 17th, 2025 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [_____________] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the effective date of the Stockholder Approval (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on [____], 2030 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), up to [______] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Class A Common Stock (“Common Stock”) or in lieu thereof, Pre-Funded Warrants to purchase the same number of Warrant Shares. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

RANI-InCube Labs Intellectual Property Agreement
Intellectual Property Agreement • July 9th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

This agreement dated June 14, 2012, is hereby made by and between InCube Labs LLC (“InCube”) and Rani Therapeutics, LLC. (“RANI”), both having an address at 2051 Ringwood Ave, San Jose CA 95131

FORM OF KEY EMPLOYEE RETENTION AGREEMENT
Key Employee Retention Agreement • March 26th, 2026 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This Key Employee Retention Agreement (“Agreement”) is entered into between the undersigned individual (“Employee”) and Rani Therapeutics, LLC (“Company”). Employee is only eligible to receive the consideration set forth in this Agreement if Employee signs this Agreement within five (5) calendar days after the date Employee receives this Agreement.

PRE-FUNDED COMMON STOCK PURCHASE WARRANT RANI THERAPEUTICS HOLDINGS, INC.
Pre-Funded Common Stock Purchase Warrant • May 27th, 2026 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

THIS PRE-FUNDED COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [_____________] or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the Original Issue Date (the “Initial Exercise Date”) and until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), up to [______] shares (as subject to adjustment hereunder, the “Warrant Shares”) of Class A Common Stock (“Common Stock”). The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).

Non-Exclusive License Agreement
Non-Exclusive License Agreement • June 22nd, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • California

This non-exclusive license agreement (this “Agreement”) is made by and between Rani Therapeutics, LLC (“Rani” or “Licensor”), a California limited liability company having an address at 2051 Ringwood Ave., San Jose, CA 95131, and InCube Labs, LLC (“InCube” or “Licensee”), a Delaware limited liability company having an address at 2051 Ringwood Ave., San Jose, CA 95131. Rani and InCube may be referred to herein individually as a “Party” and collectively as the “Parties”.

SECURITIES PURCHASE AGREEMENT
Securities Purchase Agreement • October 17th, 2025 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York

This Securities Purchase Agreement (this “Agreement”) is dated as of October 16, 2025, by and between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).

Rani Therapeutics Holdings, Inc. (a Delaware corporation) [●] Shares of Class A Common Stock UNDERWRITING AGREEMENT
Underwriting Agreement • July 26th, 2021 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • New York
EXCHANGE AGREEMENT
Exchange Agreement • March 31st, 2022 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations • Delaware

This Exchange Agreement (this “Agreement”) is made and entered into as of August 3, 2021, by and between Rani Therapeutics Holdings, Inc., a Delaware corporation (the “Company”) and the persons and entities (each, a “Contributor” and collectively, the “Contributors”) listed on Schedule I below. Each of the Contributors and the Company shall be known as a “Party” herein.

FIRST AMENDMENT TO COLLABORATION AGREEMENT
Collaboration Agreement • May 15th, 2026 • Rani Therapeutics Holdings, Inc. • Pharmaceutical preparations

This First Amendment to the Collaboration Agreement (this "First Amendment") is entered into as of January 13, 2026 by and between Rani Therapeutics, LLC, a California limited liability company ("Rani"), and ProGen Co., Ltd. ("ProGen"). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Agreement.