<SEC-DOCUMENT>0001493152-18-012978.txt : 20180907
<SEC-HEADER>0001493152-18-012978.hdr.sgml : 20180907
<ACCEPTANCE-DATETIME>20180907131514
ACCESSION NUMBER:		0001493152-18-012978
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		5
CONFORMED PERIOD OF REPORT:	20180907
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20180907
DATE AS OF CHANGE:		20180907

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			RESEARCH FRONTIERS INC
		CENTRAL INDEX KEY:			0000793524
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				112103466
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-14893
		FILM NUMBER:		181059532

	BUSINESS ADDRESS:	
		STREET 1:		240 CROSSWAYS PARK DR
		CITY:			WOODBURY
		STATE:			NY
		ZIP:			11797-2033
		BUSINESS PHONE:		5163641902

	MAIL ADDRESS:	
		STREET 1:		240 CROSSWAYS PARK DR
		CITY:			WOODBURY
		STATE:			NY
		ZIP:			11797-2033
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8-k.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 4pt solid; border-bottom: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>UNITED
STATES</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>SECURITIES
AND EXCHANGE COMMISSION</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt"><B>WASHINGTON,
D.C. 20549</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>FORM
8-K</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CURRENT
REPORT</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">PURSUANT
TO SECTION 13 OR 15(d)<BR>
OF THE SECURITIES EXCHANGE ACT OF 1934</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DATE
OF REPORT (DATE OF EARLIEST EVENT REPORTED): September 7, 2018</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV ALIGN="CENTER"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 18pt"><B>RESEARCH
FRONTIERS INCORPORATED</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(EXACT
NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">DELAWARE
    </FONT></TD>
    <TD STYLE="width: 2%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">000-14893</FONT></TD>
    <TD STYLE="width: 2%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 32%; text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11
    -2103466 </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(STATE
    OR OTHER JURISDICTION </FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(COMMISSION
    </FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(IRS
    EMPLOYER </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">OF
    INCORPORATION) </FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">FILE
    NUMBER)</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: center; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IDENTIFICATION
    NO.) </FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">240
CROSSWAYS PARK DRIVE</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">WOODBURY,
NEW YORK 11797-2033</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(ADDRESS
OF PRINCIPAL EXECUTIVE OFFICES AND ZIP CODE)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">REGISTRANT&rsquo;S
TELEPHONE NUMBER, INCLUDING AREA CODE: (516) 364-1902</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]
    </FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Written
    communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]
    </FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Soliciting
    material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]
    </FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[&nbsp;&nbsp;]
    </FONT></TD>
    <TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pre-commencement
    communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 1.5pt solid; border-bottom: Black 4pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">ITEM
1.01. Entry Into a Material Definitive Agreement</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">On August 13, 2018, the Company announced
that a group of investors led by Guazy Ltd. (a licensee of the Company&rsquo;s SPD technology) agreed to make a $2,000,000 equity
investment in the Company. On September 7, 2018 the Company announced the completion of this equity transaction. At the
closing, the investors will receive 2,173,916 shares of Research Frontiers common stock at a price of $0.92 per share (which
was the market price at the time the transaction was agreed to), as well as five-year warrants to purchase 1,086,957 shares
of Research Frontiers common stock at an exercise price of $1.10, $1.20 or $1.38 per share depending on the exercise date. As
part of this transaction, Guazy Ltd. will receive 1,086,957 unregistered shares of Research Frontiers common stock plus 543,478
five-year warrants to purchase shares of Research Frontiers common stock. All other investors in this transaction will receive
a total of 1,086,959 registered shares of Research Frontiers common stock plus 543,479 five-year warrants to purchase shares of
Research Frontiers common stock.</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">On
September 7, 2018, Research Frontiers Incorporated filed the prospectus supplement relating to the issuance and sale
of the above registered common stock and warrant securities with the Securities and Exchange Commission. In connection with
that filing, Research Frontiers is filing the related transaction documents as Exhibits 1.1 and 1.2 to this current report
on Form 8-K. Research Frontiers Incorporated and  Gauzy, Ltd. issued a joint press release regarding this transaction
which is attached as Exhibit 1.3 to this Current Report on Form 8-K.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
report and the press releases referred to herein may include statements that may constitute &ldquo;forward-looking&rdquo; statements
as referenced in the Private Securities Litigation Reform Act of 1995. Those statements usually contain words such as &ldquo;believe&rdquo;,
&ldquo;estimate&rdquo;, &ldquo;project&rdquo;, &ldquo;intend&rdquo;, &ldquo;expect&rdquo;, or similar expressions. Any forward-looking
statements are made by the Company in good faith, pursuant to the safe-harbor provisions of the Act. These forward-looking statements
reflect management&rsquo;s current views and projections regarding economic conditions, industry environments and Company performance.
Factors, which could significantly change results, include but are not limited to: sales performance, expense levels, competitive
activity, interest rates, changes in the Company&rsquo;s financial condition and several business factors. Additional information
regarding these and other factors may be included in the Company&rsquo;s quarterly 10-Q and 10K filings and other public documents,
copies of which are available from the Company on request. By making these forward-looking statements, the Company undertakes
no obligation to update these statements for revisions or changes after the date of this report.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
information in this Form 8-K or the press release reproduced herein shall not be deemed &ldquo;filed&rdquo; for purposes of Section
18 of the Securities Exchange Act of 1934, nor shall they be deemed incorporated by reference in any filing under the Securities
Act of 1933, except as shall be expressly set forth by specific reference in such filing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Item
9.01. Financial Statements and Exhibits.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)
Exhibits.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in; font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1</FONT></TD>
    <TD STYLE="font: 12pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="ex1-1.htm"><FONT STYLE="font-size: 10pt">Form
    of Subscription Agreement</FONT></A></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.2</FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">1.3</FONT></FONT></P></TD>
    <TD><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="ex1-2.htm"><FONT STYLE="font-size: 10pt">Form
        of Warrant Agreement.</FONT></A></FONT></P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif"></FONT><FONT STYLE="font-family: Times New Roman, Times, Serif"><A HREF="ex1-3.htm"><FONT STYLE="font-size: 10pt">Research
        Frontiers Press Release dated September 7, 2018.</FONT></A></FONT></P></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">SIGNATURES</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">RESEARCH
    FRONTIERS INCORPORATED </FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 45%; border-bottom: black 1.5pt solid; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>/s/
    Seth L. Van Voorhees</I></FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Seth
    L. Van Voorhees</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:
    </FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">CFO
    and VP, Business Development</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:
September 7, 2018</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0">&nbsp;</P>

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.1
<SEQUENCE>2
<FILENAME>ex1-1.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESEARCH
FRONTIERS INCORPORATED</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>SUBSCRIPTION
AGREEMENT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: right"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">August
9, 2018</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Research
Frontiers Incorporated</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">240
Crossways Park Drive</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Woodbury,
New York 11797-2033</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Attention:
Joseph M. Harary, President and CEO</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gentlemen:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
Subscription Agreement is made by and between Research Frontiers Incorporated, a Delaware corporation (the &ldquo;Company&rdquo;),
and the undersigned (the &ldquo;Subscriber&rdquo;), in connection with the offering (the &ldquo;Offering&rdquo;) of certain shares
of common stock of the Company, $.0001 par value per share (the &ldquo;Shares&rdquo;) and related stock purchase warrants. For
every two (2) Shares purchased by the Subscriber, hereunder, the Subscriber shall also receive one (1) warrant expiring on September
30, 2023 (the &ldquo;Warrant&rdquo;) to purchase one share of common stock at the exercise price equal to 150% of the Subscription
Price (defined below) per warrant under the terms contained in the Warrant Agreement which shall evidence the Warrant being issued
to the undersigned. There will be a reduced exercise price equal to 120% of the Subscription Price for warrant exercises occurring
from February 15, 2019 (the date that the Warrant first becomes exercisable) through September 30, 2019, and shall be [130% of
the Subscription Price for warrant exercises occurring from October 1, 2019 through September 30, 2020.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Shares and the Warrants issuable hereunder are referred to as the &ldquo;Securities&rdquo;. The Offering and sale of the Securities
are being made pursuant to an effective Registration Statement on Form S-3 (SEC File Number: 333-223623) (including the exhibits
thereto, as amended at the date of this Agreement (the &ldquo;Registration Statement&rdquo;), and the Prospectus contained therein
(the &ldquo;Base Prospectus&rdquo;), declared effective by the Securities and Exchange Commission (the &ldquo;Commission&rdquo;)
on April 23, 2018, and a Prospectus Supplement (the &ldquo;Prospectus Supplement&rdquo; containing certain supplemental information
regarding the Securities and terms of the Offering that will be filed with the Commission and delivered to the Subscriber along
with the Company&rsquo;s counterpart to this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">A.
<U>Subscription</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
Subscriber hereby irrevocably subscribes to purchase the number of Shares listed on the signature page hereof at a price per Share
equal to the greater of (A) $0.90/share or (B) the consolidated closing bid price for Research Frontiers in effect immediately
before this subscription agreement is countersigned by Research Frontiers plus $0.03 (the price per share multiplied by the number
of shares being purchased hereunder being the &ldquo;Subscription Price&rdquo;). For each two (2) Shares purchased, the Subscriber
shall also receive one (1) Warrant. No fractional Warrants shall be issued and the total number of Warrants issuable to the Subscriber
hereunder shall be rounded down to the nearest whole number of Warrants.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
As part of the subscription, Subscriber herewith tenders:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">two
    copies of this Agreement duly completed and executed by Subscriber.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">payment
    of the Subscription Price made by wire transfer of immediately available funds in U.S. Dollars to the account of Research
    Frontiers Incorporated at JP Morgan Chase Bank, 6040 Tarbell Road, Syracuse, New York 13206, Account No.: 880-834-155, ABA
    Wire Code No.: 021 000 021, SWIFT CODE: CHASUS33.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
Subscriber understands and agrees that the subscription contained herein shall not be deemed binding upon the Company until it
is accepted by the Company and that the subscription may be rejected by the Company in its sole discretion for any reason. Subscriber
further acknowledges and agrees that, subject to applicable law, this subscription is irrevocable.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
If this subscription is not accepted by the Company, all Subscription Funds and the documents herewith delivered to the Company
by Subscriber will be returned promptly to Subscriber. In such event, all proceeds theretofore received by the Company from the
Subscriber will be refunded in full, without interest or deduction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
If this subscription is accepted by the Company, then the Company shall promptly countersign both copies of this Agreement and
return one fully executed copy to Subscriber. All Subscription Funds of Subscriber shall be applied to the purchase of the Shares
which Shares shall then be delivered to the Subscriber either, as specified by Subscriber, in certificate form or by electronic
book-entry at The Depository Trust Company by instructing the Company&rsquo;s transfer agent, Continental Stock Transfer and Trust
Company, to make such Shares available to Subscriber under the Deposit/Withdrawal at Custodian (&ldquo;DWAC&rdquo;) system. In
addition, the Company shall deliver to the Subscriber a Warrant Agreement representing the Warrants to be issued to the Subscriber
hereunder. All Subscription Funds of Subscriber shall be used for research and development, working capital, acquisitions, and
for general corporate purposes in such amounts as the Company, in its discretion, deems appropriate. The Company may also, in
its discretion, apply such Subscription Funds towards the development of products using the Company&rsquo;s technology through
an investment by the Company in one or more joint ventures with third parties set up for such purposes, or may directly apply
Subscription Funds to product development.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">B.
<U>Investor Representations</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
In order to induce the Company to accept the subscription hereby made, and recognizing that the Company will be relying thereon
in determining whether to accept such subscription, Subscriber hereby represents and warrants to the Company as of the date of
this subscription as follows:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    understands that the Securities are a highly speculative investment and that Subscriber&rsquo;s financial situation is such
    that (i) Subscriber can afford to hold the Securities for an indefinite period of time and to sustain a complete loss of its
    investment, and (ii) Subscriber has adequate means of providing for Subscriber&rsquo;s current needs and possible contingencies
    and has no need for liquidity in this investment in the Company.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    has received and carefully read the Registration Statement, the Company&rsquo;s Proxy Statement dated April 18, 2018; the
    Company&rsquo;s Annual Report on Form 10-K for the fiscal year ending December 31, 2017; and the Company&rsquo;s Quarterly
    Report on Form 10-Q for the fiscal quarter ending March 31, 2018, and the Company&rsquo;s Current Reports on Form 8-K and
    all other reports filed with the Commission during the past two years (collectively, the &ldquo;Reports&rdquo;). The Company
    has also made available to Subscriber all other documents and information that Subscriber has requested relating to an investment
    in the Company including but not limited to, the Registration Statement and all documents incorporated therein by reference.
    Subscriber represents that it has received the Registration Statement, prior to or in connection with the receipt of this
    Agreement.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By
    virtue of Subscriber&rsquo;s knowledge and experience in financial and business matters, Subscriber is capable of evaluating
    the merits and risks of an investment in the Securities. Subscriber has taken full cognizance of and understands all the risk
    factors related to the purchase of the Securities, including, but not limited to, those set forth in the Company&rsquo;s reports
    and registration statements filed with the Securities and Exchange Commission.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    understands that the Securities are being offered and sold to Subscriber in reliance on specific provisions of federal and
    state securities laws of the United States of America and that the Company is relying upon the truth and accuracy of the representations,
    warranties, agreements, acknowledgments and understandings of Subscriber set forth herein in order to determine the applicability
    of such provisions. Accordingly, Subscriber agrees to notify the Company of any events which would cause the representation
    and warranties of Subscriber to be untrue or breached at any time after the execution of this Agreement by Subscriber. The
    Subscriber acknowledges, represents and agrees that no action has been or will be taken in any jurisdiction outside the United
    States by the Company that would permit an offering of the Securities, or possession or distribution of offering materials
    in connection with the issue of the Securities in any jurisdiction outside the United States where action for that purpose
    is required. Each Subscriber outside the United States will comply with all applicable laws and regulations in each foreign
    jurisdiction in which it purchases, offers, sells or delivers Securities or has in its possession or distributes any offering
    material, in all cases at its own expense. No party has been authorized to make, and has not made, any representation or use
    of any information in connection with the issue, placement, purchase and sale of the Securities, except as set forth or incorporated
    by reference in the Base Prospectus or the Prospectus Supplement.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    is an &ldquo;accredited investor&rdquo; as defined in Rule 501 promulgated under the Securities Act of 1933, as amended.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber,
    and any person acting in concert with Subscriber, currently has no existing short position, and during the last 20 trading
    days had no short position, with respect to the common stock of the Company and agrees not to enter into any short sales or
    other hedging transactions with respect to any securities of the Company at any time after the execution of this Agreement
    by Subscriber and so long as any Securities are held by or for the benefit of Subscriber or its affiliates or persons acting
    in concert with Subscriber or its affiliates.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(g)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">In
    evaluating the suitability of an investment in the Company, Subscriber has not relied upon any representations or other information
    (whether oral or written) from the Company, and its officers, directors, agents, employees or representatives, other than
    as set forth in the Reports. With respect to tax and other economic considerations of this investment, Subscriber is not relying
    for advice on the Company, or any officers, directors, employees or agents thereof.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(h)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    understands that Subscriber&rsquo;s subscription hereunder is not transferable or assignable, either before or after acceptance
    thereof by the Company, and that Securities will only be issued in the name of Subscriber and may not be assigned without
    the consent of the Company.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(i)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Securities will be acquired for Subscriber&rsquo;s own account, for investment purposes only, and not with a view to distribution,
    assignment or resale to others.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(j)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    understands that no federal or state agency has made any finding or determination as to the fairness of this offering or any
    recommendation or endorsement relating to the Securities.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(k)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    address heretofore provided to the Company by the Subscriber is the true and correct residence of the Subscriber, and Subscriber
    has no present intention of becoming a resident of any other state or jurisdiction. (If a corporation, trust or partnership,
    the Subscriber has its principal place of business at the address set forth below and was not organized for the specific purpose
    of acquiring the Securities).</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(l)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    acknowledges that any delivery of offering materials relating to the Securities prior to the determination by the Company
    of Subscriber&rsquo;s suitability as an investor shall not constitute an offer of Securities until such determination of suitability
    shall be made.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(m)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">This
    Agreement has been duly authorized, validly executed, and delivered on behalf of Subscriber and is a valid and binding agreement
    enforceable in accordance with its terms, subject to general principles of equity and to bankruptcy or other laws affecting
    the enforcement of creditors&rsquo; rights generally.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(n)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    has not taken any action that would cause the Company to be subject to any claim for commission or other fee or remuneration
    by any broker, finder, or other person and Subscriber hereby indemnifies the Company, and its officers, directors, shareholders
    and representatives, and each of their affiliates against any such claim caused by the actions of Subscriber or any of its
    employees or agents.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(o)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    will not make any offers or sales of the Securities other than pursuant to a registration statement under the Securities Act
    or pursuant to an exemption from registration under the Securities Act. The Subscriber will comply with applicable prospectus
    delivery requirements under the Exchange Act, and with all applicable securities laws upon resale of the Securities.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(p)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    will not, directly or through any affiliate or person acting in concert with Subscriber, (i) create the lowest reported sales
    price on the NASDAQ National Market, (or other exchange or market if the Securities are traded thereon) for the common stock
    of the Company on any trading day or (ii) offer to sell shares of such common stock at a price lower than the then prevailing
    bid price for the common stock on such market.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(q)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscriber
    hereby agrees to indemnify and hold harmless the Company, its directors, officers, agents, representatives, and each of their
    affiliates against any and all loss, liability, claim, damage and expense (including reasonable fees of attorneys and experts)
    as incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the
    Registration Statement (or any amendment thereto), in reliance upon and in conformity with information furnished to the Company
    by Subscriber.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">C.
<U>Company Representations and Warranties</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">7.
The Company hereby represents and warrants to the Subscriber that:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(a)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Company is validly existing and in good standing under the laws of the State of Delaware and has all requisite corporate power
    and authority to enter into and to carry out and perform its obligations under this Agreement.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(b)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">When
    issued and paid for on the date of closing, the Shares will be validly issued, fully paid and non-assessable.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(c)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">When
    and if executed by the Company, this Agreement will have been duly authorized, validly executed, and delivered on behalf of
    the Company and will be a valid and binding agreement enforceable in accordance with its terms, subject to general principles
    of equity and to bankruptcy or other laws affecting the enforcement of creditors&rsquo; rights generally.</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">If
    this subscription is accepted by the Company, the Company will issue the Securities in the name of Subscriber. Nothing in
    this section shall affect in any way Subscriber&rsquo;s obligations and agreement to comply with all applicable securities
    laws upon resale of the Securities.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
<TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"></TD><TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(e)</FONT></TD><TD STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
                                         Company has filed with the Commission a Registration Statement on Form S-3 (Registration
                                         File No. 333-223623) under the Securities Act of 1933, as amended (the <I>&ldquo;Securities
                                         Act&rdquo;</I>), which was declared effective by the S.E.C. on April 23, 2018, for the
                                         registration under the Securities Act of the Securities. At the time of such filing,
                                         the Company met the requirements of Form S-3 under the Securities Act. Such registration
                                         statement meets the requirements set forth in Rule 415(a)(1)(x) under the Securities
                                         Act and complies with said Rule. The Company will file with the Commission pursuant to
                                         Rule 424(b) under the Securities Act, and the rules and regulations (the &ldquo;Rules
                                         and Regulations&rdquo;) of the Commission promulgated thereunder, a supplement to the
                                         form of prospectus included in such registration statement relating to the placement
                                         of the Securities and the plan of distribution thereof and has advised the Subscriber
                                         of all further information (financial and other) with respect to the Company required
                                         to be set forth therein. The Company will also use its commercially reasonable efforts
                                         to keep the Registration Statement continuously effective under the Securities Act until
                                         the Securities have been sold pursuant to the Registration Statement or an exemption
                                         from the registration requirements of the Securities Act, or may be sold without volume
                                         restrictions pursuant to Rule 144(k) as determined by the counsel to the Company pursuant
                                         to a written opinion letter to such effect, addressed and reasonably acceptable to the
                                         Company&rsquo;s transfer agent and the Subscriber. Any reference in the Agreement to
                                         the Registration Statement, the Base Prospectus or the Prospectus Supplement shall be
                                         deemed to refer to and include the documents incorporated by reference therein (the &ldquo;Incorporated
                                         Documents&rdquo;) pursuant to Item 12 of Form S-3 which were filed under the Securities
                                         Exchange Act of 1934, as amended (the <I>&ldquo;Exchange Act&rdquo;</I>), on or before
                                         the date of this Agreement, or the issue date of the Base Prospectus or the Prospectus
                                         Supplement, as the case may be; and any reference in this Agreement to the terms &ldquo;amend,&rdquo;
                                         &ldquo;amendment&rdquo; or &ldquo;supplement&rdquo; with respect to the Registration
                                         Statement, the Base Prospectus or the Prospectus Supplement shall be deemed to refer
                                         to and include the filing of any document under the Exchange Act after the date of this
                                         Agreement, or the issue date of the Base Prospectus or the Prospectus Supplement, as
                                         the case may be, deemed to be incorporated therein by reference. All references in this
                                         Agreement to financial statements and schedules and other information which is &ldquo;contained,&rdquo;
                                         &ldquo;included,&rdquo; &ldquo;described,&rdquo; &ldquo;referenced,&rdquo; &ldquo;set
                                         forth&rdquo; or &ldquo;stated&rdquo; in the Registration Statement, the Base Prospectus
                                         or the Prospectus Supplement (and all other references of like import) shall be deemed
                                         to mean and include all such financial statements and schedules and other information
                                         which is or is deemed to be incorporated by reference in the Registration Statement,
                                         the Base Prospectus or the Prospectus Supplement, as the case may be. No stop order suspending
                                         the effectiveness of the Registration Statement or the use of the Base Prospectus or
                                         the Prospectus Supplement has been issued, and no proceeding for any such purpose is
                                         pending or has been initiated or, to the Company&rsquo;s knowledge, is threatened by
                                         the Commission.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 0.5in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 0.25in; font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">(f)</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
    Registration Statement (and any further documents to be filed with the Commission on or prior to the Closing Date) contains
    all exhibits and schedules as required by the Securities Act. Each of the Registration Statement and any post-effective amendment
    thereto, at the time it became effective, complied in all material respects with the Securities Act and the Exchange Act and
    the applicable rules and regulations issued thereunder, and did not and, as amended or supplemented, if applicable, will not,
    contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary
    to make the statements therein not misleading. The Base Prospectus and the Prospectus Supplement, each as of its respective
    date, comply in all material respects with the Securities Act and the Exchange Act and the applicable rules and regulations
    issued thereunder. Each of the Base Prospectus and the Prospectus Supplement, as amended or supplemented, did not and will
    not contain as of the date thereof any untrue statement of a material fact or omit to state a material fact necessary in order
    to make the statements therein, in light of the circumstances under which they were made, not misleading. The Incorporated
    Documents, when they were filed with the Commission, conformed in all material respects to the requirements of the Exchange
    Act and the applicable Rules and Regulations, and none of such documents, when they were filed with the Commission, contained
    any untrue statement of a material fact or omitted to state a material fact necessary to make the statements therein (with
    respect to Incorporated Documents incorporated by reference in the Base Prospectus or Prospectus Supplement, in light of the
    circumstances under which they were made) not misleading; and any further documents so filed an incorporated by reference
    in the Base Prospectus or Prospectus Supplement, when such documents are filed with the Commission, will conform in all material
    respects to the requirements of the Exchange Act and the applicable Rules and Regulations, as applicable, and will not contain
    any untrue statement of a material fact or omit to state a material fact necessary to make the statements therein, in light
    of the circumstances under which they were made, not misleading. Notwithstanding the foregoing, the Company makes no representations
    or warranties as to information, if any, contained in or omitted from the Prospectus Supplement or any amendment thereof or
    supplement thereto in reliance upon and in conformity with information furnished in writing to the Company by or on behalf
    of the Subscriber specifically for use in the Registration Statement or the Prospectus Supplement. No post-effective amendment
    to the Registration Statement reflecting any facts or events arising after the date thereof which represent, individually
    or in the aggregate, a fundamental change in the information set forth therein is required to be filed with the Commission.
    There are no documents required to be filed with the Commission in connection with the transaction contemplated hereby that
    (x) have not been filed as required pursuant to the Securities Act or (y) will not be filed within the requisite time period.
    There are no contracts or other documents required to be described in the Base Prospectus or Prospectus Supplement, or to
    be filed as exhibits or schedules to the Registration Statement, which have not been described or filed as required.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"></FONT>&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">D.
<U>Miscellaneous</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">8.
This Agreement constitutes the entire understanding of the parties with regard to the subject matter, supersedes all written and
oral agreements with respect to the same and may not be waived, modified, changed, discharged, terminated, revoked or canceled
except by a writing signed by the party against which enforcement thereof is sought.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">9.
Each party shall indemnify the other against any loss, cost or damages (including reasonable attorney&rsquo;s fees and expenses)
incurred as a result of such parties&rsquo; breach of any representation, warranty, or covenant contained in this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">10.
This Agreement shall be governed by and interpreted in accordance with the laws of the State of New York affecting contracts made
in and to be performed in such State without giving effect to principles governing choice of laws, irrespective of the domicile
of any party or the place of execution of this Agreement by any party or the location for performance of any of the terms hereof,
and the parties hereto shall be subject to the exclusive jurisdiction of the state and federal courts located in Nassau County,
New York, United States of America. Facsimile signatures to this Agreement or on any notice given hereunder shall be binding on
all parties hereto.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">11.
This Agreement may be executed in counterparts, each of which shall be deemed an original, but all of which together shall constitute
one and the same instrument.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">12.
The Subscriber hereby certifies that Subscriber has read and understands this Subscription Agreement, that the representations
and warranties made by the Subscriber in this Subscription Agreement are accurate on the date hereof, that Subscriber recognizes
that the Company is relying on such representations and warranties and covenants and that they shall remain in effect through
the closing of the sale of the Securities to Subscriber hereunder unless Subscriber notifies the Company otherwise.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">13.
All notices required or permitted to be given by either the Company or the Subscriber pursuant to the terms of this Agreement
shall be in writing and shall be deemed given when delivered personally or by facsimile, or by overnight or two day courier addressed
to the parties at the last known address of the party or such other address as a party may request by notifying the other in writing.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">14.
The representations, warranties, covenants, indemnities, and agreements of the parties contained herein shall survive any termination
or expiration of this Agreement.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the Subscriber has executed this Subscription Agreement as of the date above written.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>_________________________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>Investor</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>By:
_____________________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Print
Name: ______________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Title:
___________________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Address:_________________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>____________________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 40pt; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>____________________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Telephone:
_______________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Facsimile:
_______________________________________</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Number
of Shares: _______________________________</B>_</FONT></P>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accepted
and Agreed To:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESEARCH
FRONTIERS INCORPORATED</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="width: 3%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="width: 47%; font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joseph
    M. Harary, President and CEO</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Date
    of Acceptance: August __, 2018</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Subscription
Price Per Share (calculated pursuant to Section 1 hereof) $_____________</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"></P>

<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.2
<SEQUENCE>3
<FILENAME>ex1-2.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin-top: 0; font: 10pt Times New Roman, Times, Serif; margin-bottom: 0; margin-left: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>[FORM
OF WARRANT]</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY
NOT BE SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE DISPOSED OF UNLESS THERE IS A REGISTRATION STATEMENT THEN IN EFFECT COVERING
SUCH SECURITIES OR AN EFFECTIVE EXEMPTION FROM SUCH REGISTRATION OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT UNDER
THE CIRCUMSTANCES REGISTRATION IS NOT NECESSARY.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>RESEARCH
FRONTIERS INCORPORATED</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>COMMON
STOCK PURCHASE WARRANT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THIS
CERTIFIES that, for value received, [INVESTOR], hereinafter called &ldquo;Warrantholder&rdquo;), is entitled to purchase from
Research Frontiers Incorporated, a Delaware corporation (hereinafter called the &ldquo;Company&rdquo;), [NUMBER OF SHARES EQUAL
TO 50% OF NUMBER OF SHARES SUBSCRIBED FOR] shares of common stock, par value $.0001 per share (hereinafter called the &ldquo;Shares&rdquo;)
of the Company at a warrant exercise price equal to the Exercise Price per share (such price per share and the number of shares
of common stock so purchasable being subject to adjustment as provided below) at any time on or before 4:30 p.m. New York time
on September 30, 2023 (the &ldquo;Expiration Date&rdquo;), all in accordance with the terms hereof. The &ldquo;Exercise Price&rdquo;
per share shall be [120% OF SUBSCRIPTION PRICE PER SHARE] for warrant exercises occurring on or before September 30, 2019, and
shall be [130% OF SUBSCRIPTION PRICE PER SHARE] for warrant exercises occurring from October 1, 2019 through September 30, 2020.
For warrant exercises occurring after September 30, 2020, the Exercise Price per share shall be [150% OF SUBSCRIPTION PRICE PER
SHARE].</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.
<U>Exercise of Warrants and Holding of Underlying Stock.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.1
The Warrants evidenced by this Warrant Certificate may be exercised at any time after February 15, 2019 and prior to 4:30 p.m.
New York time on the Expiration Date in whole at any time or in part from time to time during such period by the surrender of
this Warrant Certificate, along with a Notice of Exercise in the form attached hereto duly executed and completed by Warrantholder,
at the office of the Company, 240 Crossways Park Drive, Woodbury, New York 11797-2033 together with payment in full in lawful
money of the United States, of the Warrant exercise price payable at the time of such exercise in respect of the Warrants being
exercised. Such payment shall be made by wire transfer of immediately available funds to the account of Research Frontiers Incorporated
at JPMorgan Chase Bank, 6040 Tarbell Road, Syracuse, New York 13206, Account Number: 880-834-155, ABA Wire Code No.: 021 000 021,
SWIFT CODE: CHASUS33, or to such other account or place, as the Company may specify. If less than all of the Warrants represented
by this Warrant Certificate are being exercised, the Company will, upon such exercise, deliver to Warrantholder a new certificate
(dated the date hereof) evidencing the Warrants not so exercised.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in">1.2
Certificates representing Shares issued hereunder shall be stamped or otherwise imprinted with a legend substantially in the following
form (in addition to any legend required under any applicable state securities laws):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">THE
SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED PURSUANT TO THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT
BE SOLD, TRANSFERRED, HYPOTHECATED OR OTHERWISE DISPOSED OF UNLESS THERE IS A REGISTRATION STATEMENT THEN IN EFFECT COVERING SUCH
SHARES OR AN EFFECTIVE EXEMPTION FROM SUCH REGISTRATION OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT UNDER THE CIRCUMSTANCES
REGISTRATION IS NOT NECESSARY.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Provided,
however, that if the issuance of the Shares pursuant to the exercise of this Warrant are subject to an effective registration
statement pursuant to Section 5 of the Securities Act of 1933, as amended, certificates representing the Shares shall not bear
any restrictive legend.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.
<U>Reclassification, Consolidation or Merger</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.1
In the event that the outstanding Shares are hereafter changed by reason of reorganization, merger, consolidation, recapitalization,
reclassification, stock split-up, combination or exchange of Shares and the like, or dividends payable in Shares, an appropriate
adjustment shall be made by the Board of Directors of the Company in the number of Shares and price per Share subject to this
Warrant Certificate. If the Company shall be reorganized, consolidated, or merged with another corporation, or if all or substantially
all of the assets of the Company shall be sold or exchanged, the Warrantholder shall at the time of issuance of the stock under
such a corporate event, be entitled to receive upon the exercise of the vested Warrants evidenced by this Warrant Certificate
the same number and kind of shares of stock or the same amount of property, cash or securities as he would have been entitled
to receive upon the occurrence of any such corporate event as if he had been, immediately prior to such event, the holder of the
number of Shares so exercised.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.2
Any adjustment under this Paragraph 2 in the number of Shares subject to this Warrant Certificate shall apply proportionately
to only the unexercised portion hereunder and shall not have any retroactive effect with respect to Warrants theretofore exercised.
If fractions of a Share would result from any such adjustment, the adjustment shall be revised to the next lower whole number
of Shares.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.3
No adjustment of the exercise price shall be made if the amount of such adjustment shall be less than $.01 per Share, but in such
case any adjustment that would otherwise be required then to be made, shall be carried forward and shall be made at the time and
together with the next subsequent adjustment which, together with any adjustment so carried forward, shall amount to no less than
$.01 per share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.4
No fractional shares of common stock shall be issued upon the exercise of any Warrants evidenced hereby, but in lieu thereof the
number of shares of common stock that are issuable upon any exercise shall be rounded up or down to the nearest whole share.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.5
When any adjustment is required to be made in the exercise price or number of Shares subject to this Warrant Certificate, initial
or adjusted, the Company shall within sixty (60) days after the date when the circumstances giving rise to the adjustment occurred
mail to the Warrantholder a statement describing in reasonable detail any method used in calculating such adjustment.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2; Options: NewSection; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.
<U>Prior Notice as to Certain Events.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
Company shall mail to Warrantholder not less than ten (10) days prior to the date on which (a) a record will be taken for the
purpose of determining the holders of Capital Stock entitled to subscription rights, or (b) a record will be taken (or in lieu
thereof, the transfer books will be closed) for the purpose of determining the holders of Capital Stock entitled to notice of
and to vote at the meeting of stockholders at which any consolidation, merger, dissolution, liquidation, winding up or sale of
the Company shall be considered and acted upon.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.
<U>Reservation and Issuance of Shares.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.1
The Company covenants and agrees that all Shares which may be issued upon the exercise of the rights represented by this Warrant
Certificate will be duly authorized, legally issued and when paid for in accordance with the terms hereof, fully paid and non-assessable,
and free from all liens and charges with respect to the issue thereof to the Warrantholder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">4.2
The Company will reserve at all times such number of Shares as may be issuable pursuant to the exercise of Warrants evidenced
by this Warrant Certificate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">5.
<U>Investment Representation</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By
accepting delivery of this Warrant Certificate and by exercising any Warrants evidenced hereby, the Warrantholder represents that
the Warrantholder is acquiring the Warrants and the Shares issuable upon the exercise of the Warrants for investment and not for
resale or distribution.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.
<U>Miscellaneous.</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.1
The Warrantholder shall not be entitled to any rights whatsoever as a stockholder of the Company by virtue of its ownership of
this Warrant Certificate.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.2
This Warrant Certificate is being executed and delivered in the State of New York, and this Warrant Certificate shall be interpreted
under, and the Warrantholder and the Company subject to, the laws and jurisdiction of the state and federal courts of the State
of New York, United States of America. The parties hereby consent to such jurisdiction.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.3
Subject to the provisions of Section 1.2 hereof, this Warrant Certificate may be exercised at any time after the date hereof and
prior to its expiration as of 4:30 p.m. New York time on the Expiration Date, and shall be void and of no effect after 4:30 p.m.
New York time on the Expiration Date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">6.4
By accepting delivery of this Warrant Certificate, the Warrantholder acknowledges that the Warrants granted hereunder shall be
in full satisfaction of all obligations to issue Warrants to the Warrantholder pursuant to the Subscription Agreement dated August
9, 2018 between the Company and the Warrantholder.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 3; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">IN
WITNESS WHEREOF, the Company and the Warrantholder have executed this Warrant Certificate this ____ day of August, 2018 by each
of their duly authorized officers.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">RESEARCH FRONTIERS INCORPORATED</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 3%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By</FONT>:</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 47%; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joseph
    M. Harary, President and CEO</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">WARRANTHOLDER:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">[INVESTOR]</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 4; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">[Form
of Notice of Exercise]</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
undersigned hereby irrevocably elects to exercise the warrants we currently hold to purchase ____________ shares of common stock,
$0.0001 par value per share, of Research Frontiers Incorporated (the &ldquo;Company&rdquo;) at an exercise price of $______ per
share. Attached to this notice is the original Warrant certificate evidencing the aforementioned warrants. We have delivered to
the Company US$_______________ representing the aggregate exercise price for the warrants exercised hereunder. A certificate representing
the shares issuable upon exercise should be issued in the undersigned&rsquo;s name.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
undersigned hereby represents and warrants to the Company that the representations and warranties and acknowledgments made by
the undersigned in the Subscription Agreement dated August 9, 2018 between the undersigned and the Company are still true and
correct as if made on the date of this Notice of Exercise, and that the undersigned has carefully read any reports or statements
filed with the Securities and Exchange Commission regarding the Company after August 9, 2018, and that the Company has also made
available to the undersigned all other documents and information that the undersigned has requested relating to an investment
in the Company.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Dated:
    ________ __, _____</FONT></TD>
    <TD COLSPAN="2" STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">[INVESTOR]</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 50%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 5%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; width: 45%"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; padding-bottom: 1.5pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif; border-bottom: Black 1.5pt solid"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Name:&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Title:</FONT></TD>
    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 5; Value: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1.3
<SEQUENCE>4
<FILENAME>ex1-3.htm
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin-top: 0; text-align: center; margin-bottom: 0; font: 10pt Times New Roman, Times, Serif"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 117; width: 500"></P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>israeli
MATERIAL SCIENCE company gauzy, ltd.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>LEADS
$2 million INVESTMENT IN</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; text-transform: uppercase"><B>RESEARCH
FRONTIERS AND ITS SPD-Smart LIGHT CONTROL technology</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Tel
Aviv, Israel and Woodbury, New York. September 7, 2018</B> &ndash; Research Frontiers Inc. <FONT STYLE="color: #333333; background-color: white">(Nasdaq:
REFR)</FONT> and Israel-based material science company Gauzy Ltd. announced today that Gauzy has lead a group that has invested
$2 million in SPD-SmartGlass technology company Research Frontiers. The investors purchased 2,173,916 shares of common stock of
Research Frontiers at a price of $0.92 per share (the market price for Research Frontiers common stock at the time the transaction
was entered into) and also received warrants expiring September 30, 2023 to purchase 1,086,957 shares of Research Frontiers common
stock at an exercise price of $1.10, $1.20 or $1.38 per share depending upon the exercise date.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
shares purchased by Gauzy are subject to at least a one-year lock-up period with incentives including certain standstill and other
exclusive rights, with the further possibility of up to a five year lock-up period. The shares issued to the other investors in
the group are not subject to a similar lock-up and will be covered by the company&rsquo;s existing registration statement on Form
S-3.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gauzy
also has the ability to purchase up to $1 million worth of additional common stock from Research Frontiers at market prices at
the time of purchase (at a minimum price of $0.92 per share and a maximum of 150% of that price), and will also receive one warrant
for every two shares purchased.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gauzy
Ltd. is a licensee of Research Frontiers, the inventor of patented SPD-SmartGlass technology. They are licensed to develop and
manufacture SPD-Smart light control emulsion and film, as well as making SPD-Smart end products.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eyal
Peso, Founder and CEO of Gauzy, noted: &ldquo;Our business has been rapidly growing, and SPD-SmartGlass film technology and our
relationship with Research Frontiers is an important part of our expansion strategy. We have been working with Research Frontiers
closely and see great opportunities and synergies between our companies. This investment will help increase and accelerate our
collaboration together, and allow us to bring the best-performing and most innovative technologies to our customers worldwide.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joseph
M. Harary, President of Research Frontiers noted: &ldquo;This is a substantial investment for Gauzy, and is in addition to their
already substantial internal investment in people and equipment relating to SPD-Smart light control technology. It is also the
first time in our company&rsquo;s history that we have accepted an investment by one of our licensees. As a material science company,
Gauzy is particularly strong and focused in the architectural smart glass industry, and the automotive industry with many companies,
and even has established a facility in Stuttgart Germany to better service these customers. Research Frontiers&rsquo; SPD technology
is particularly strong in transportation industry applications, such as smart windows and sunroofs for cars, trains, aircraft
and boats. Gauzy employs over 65 people and over the past twenty one months, we have worked closely with the talented and highly
professional team at Gauzy, and welcome the energy, experience, creative innovation and results-based culture that they bring
to benefit the entire SPD-SmartGlass industry and its customers.&rdquo;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">The
smart window market is an established market with broad coverage worldwide. Research Frontiers has licensed over 40 chemical,
film, and glass companies which are selling products for the automotive, aircraft, marine, train, museum, and consumer electronics
industries. Gauzy&rsquo;s established and growing network of over 55 glass fabricators worldwide brings additional synergies,
infrastructure, and growth opportunities to the smart glass industry.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Research
Frontiers patented SPD-SmartGlass technology is the same best-selling smart window technology that can be found on various car
models from Daimler. The MAGIC SKY CONTROL feature, which is now in use on tens of thousands of Mercedes-Benz SLs, SLC/SLKs, Maybach
and S-Class models around the world, uses patented SPD-SmartGlass technology developed by Research Frontiers to turn the roof
transparent by electrically aligning tiny particles in a thin film within the glass. With the touch of a button, drivers and passengers
can instantly change the tint of their roof to help keep out harsh sunlight and heat, and create an open-air feeling even when
the sunroof is closed. Glass or plastic using Research Frontiers&rsquo; patented SPD-SmartGlass technology effectively blocks
UV and infrared rays in both clear and darkly tinted modes, helping keep the cabin cooler, and protecting passengers and interiors
while also enhancing security inside the vehicle. These benefits become even more important when a car uses large surface areas
of glass, especially in warm climates.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Some
of the other benefits of SPD-SmartGlass include significant heat reduction inside the vehicle (by up to 18&ordm;F/10&ordm;C),
UV protection, glare control, reduced noise and reduced fuel consumption. Independent calculations also show that use of SPD-SmartGlass
can reduce CO2 emissions by four grams per kilometer, and increase the driving range of electric vehicles by approximately 5.5
percent.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Shortly
after its introduction into serial production in the automotive industry, SPD-SmartGlass has become standard equipment on many
different aircraft, and is also used in residential and commercial architectural applications, in trains, yachts and other marine
vehicles, in display applications, and to protect light-sensitive artwork and documents in major museums around the world.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Along
with a best of breed R&amp;D team, Gauzy also has an on-site production line with custom machinery for high quality products with
on time delivery. Gauzy&rsquo;s technology is featured in notable projects worldwide, including automotive collaborations with
leading OEMs and Tier 1 suppliers, hotels, corporate offices, luxury residences, retail chains and consumer electronics.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>About
Gauzy Ltd.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Gauzy
is a world leader and vendor of material science, focused on the research, development, manufacturing, and marketing of technologies
which are embedded into and onto raw materials. Amongst Gauzy&rsquo;s core areas of expertise are Liquid Crystals and SPD, which
is used to produce LCG&reg; (Light Controlled Glass). The company is headquartered in Tel Aviv Israel, with additional offices
in Stuttgart, Germany, Guangzhou China and Los Angeles, California. Learn more at www.gauzy.com</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>About
Research Frontiers Inc.</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Research
Frontiers (Nasdaq: REFR) is a publicly traded technology company and the developer of patented SPD-Smart light-control film technology
which allows users to instantly, precisely and uniformly control the shading of glass or plastic products, either manually or
automatically. Research Frontiers has licensed its smart glass technology to over 40 companies that include well known chemical,
material science and glass companies. Products using Research Frontiers&rsquo; smart glass technology are being used in tens of
thousands of cars, aircraft, yachts, trains, homes, offices, museums and other buildings. For more information, please visit our
website at <U>www.SmartGlass.com</U>, and on <U>Facebook</U>, <U>Twitter</U>, <U>LinkedIn</U> and <U>YouTube</U>.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><I>Note:
From time to time Research Frontiers may issue forward-looking statements which involve risks and uncertainties. This press release
contains forward-looking statements. Actual results could differ and are not guaranteed. Any forward-looking statements should
be considered accordingly. &ldquo;SPD-Smart&rdquo; and &ldquo;SPD-SmartGlass&rdquo; are trademarks of Research Frontiers Inc.</I></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>For
further information, please contact:</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Eyal
Peso</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Founder
and CEO</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gauzy
Ltd.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">+972-72-2500385</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>info@gauzy.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brittany
Kleiman Swisa</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Media
&amp; Marketing Contact</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Gauzy
Ltd.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">+972-72-2500385</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>brittany@gauzy.com</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Joseph
M. Harary</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">President
and CEO</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">Research
Frontiers Inc.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">+1-516-364-1902</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><U>Info@SmartGlass.com</U></FONT></P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1.5pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 33%">&nbsp;</TD><TD STYLE="width: 34%; text-align: center">&nbsp;</TD><TD STYLE="width: 33%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; font: 10pt Times New Roman, Times, Serif"><FONT STYLE="font: 10pt Times New Roman, Times, Serif"></FONT></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>image_001.jpg
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "< ID# 2(  A$! Q$!_\0
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M<^E 70[-&:;SZ4<^E 70[-&:;SZ4<^E 70[-&:;SZ4<^E 70[-&:;SZ4<^E
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MNT6<.-JT<+%.2W/1AX>M?^>US_W^;_&F/H=DA&^XN%'09G89_6O,?^$HUO\
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MZ?G]UMSNR?6@#A_%_P -/[/\(ZM>GQ-K=P(+263RI98RK84G!P@]*[CX=?\
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M9&GL\L[LI?\ "":W_P \8_\ OX*/^$&US_GC%_W\%7/^%BZC_P ^UO\ D?\
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M]!"?_OJM%0Q=OC.:6*R]-KV9UO\ PK=/^?\ _P#'/_KT?\*X3_G_ #_WQ_\
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M]ZU1U?Q-J\WC:30;&^LM/6&%'3[5&7-R69A@<C'0>M6O ^B:KIFI:Y>:I!!
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MHZMG_D%#_O[_ /6K=S1Q[T[^1+IO=LPCJ>K#C^RL^I,O_P!:C^T]6[:4./\
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MH5U.0<#WK7XQB@#C_$ISX\\)]<8NO_:596KKK$GQ2 T>2U24:?\ .9R<8S[
MUW%UI5I>:A9WTT>9[/>(2#P-V,\?\!%(-(L_[9.JE#]J,7E;B>-OTH#R/,D&
MHK'X_&J20M=_9[<GR<E<?O?4"NO\%_V\-+L?[1>R-K]F78(G)<<#J-H'ZFM:
M3PYIL[:D[Q$G445+D[S\P7./I]XU6T?PC8Z'<)):W6HL$38D<U[)(BCV5B1V
MH7F%C?7O3J;D>OYTM%T M+3<TX=* "D/2EI#TH Y#X@6WG:'YH&?)8']0/ZU
MY;[U[CJ]D+_2KBV(_P!8F!]1TKQ.XA:VN)(9!AT8@BO<RJHN1Q>Z/DL_H-55
M46S(312D8I*]='SU[A4\%U/:\V]S+%_NL14%&!Z4-)Z-#C)Q=TR__;>K?]!"
MY'_;5O\ &E_MK5O^@C<_]_6JA@45FZ%)?91L\36>G,7O[:U7_H(W/_?UJKSW
M=Q=',\\DW^_(3_.H0!2DTXTJ<=4B'7J/1L3\OPJ2">:VE$L,CQN.Z,0:BZ4=
M:MVDK-$J3B[HT_[=U;_H(7 _[:M1_;VK?]!"Y_[^G_&LWOFDX]!6/U:E_*:_
M6JW\S-/^WM6_Z"%S_P!_3_C1_;VK?]!"Y_[^G_&LSCT%''H*?U>C_*/ZU6_F
M9I_V]JW_ $$+G_OZ?\:/[>U;_H(7/_?T_P"-9G'H*./04?5Z/\H?6JW\S-/^
MWM6_Z"%S_P!_3_C1_;VK?]!"Y_[^G_&LSCT%''H*/J]'^4/K5;^9FG_;VK?]
M!"Y_[^G_ !H_M[5O^@A<_P#?T_XUF<>@HX]!1]7H_P H?6JW\S-/^WM6_P"@
MA<_]_3_C1_;VK?\ 00N?^_I_QK,X]!1QZ"CZO1_E#ZU6_F9I_P!O:M_T$+G_
M +^G_&C^WM6_Z"%S_P!_3_C69QZ"CCT%'U>C_*'UJM_,S3_M[5O^@A<_]_3_
M (T?V]JW_00N?^_I_P :S./04<>@H^KT?Y0^M5OYF:?]O:M_T$+G_OZ?\:/[
M>U;_ *"%S_W]/^-9G'H*./04?5Z/\H?6JW\S-/\ M[5O^@A<_P#?T_XTG]NZ
ML?\ F(7./^NA_P :S>/048'I2^KT?Y0^M5OYF23W,MS(9IYGD<]2QS1%)+!*
M)(G:-^S*<4P8':@Y/<_G6O*K6MH9<[O>^IH?VSJO_01N?^_K?XT?VUJO_01N
M?^_K?XUG4H_"L_J]/^4OZS5_F+YUG5&&#J-SC_KLU4Y))9GW2N7/J[%OYTSI
MZ4F351I0B[I$RK5)JS8II.]+16EU<A:"#GK2C.X<9/04HP*UO#NG-J.L6\07
M**=SGVK*K44(.3-*,'4FH1/6M#MOLND6T/\ <4"M&FHH5 H[4ZOD9.[N?HU.
M/+%(3O69=7<J:S;6RMB-XV8_4$5I$\UCZO%/'?6M]!"9?+RCJ,9VGO\ H*<-
M6*HW;0;-?SQZE<Q [DC@WA<=^*32)[FZ1+B2^#@CYH0H^6F623R7MUJ$ENZH
M4VHAQEAQ[^U00Q/+JT5S;V#VZ+GS3PN_@]@>>U:66QSW:U9->ZK<0:NJ1X-K
M$0DQ/]YNG\Q6S(Q$+,#SC(KG3HL]W9W4\K2)/*Y?R\\95OD_0"MNV\Z33$$B
MD3>7@CWQ2DHV5BH.;;N846HWR6T-TUT)-\_E^3M&2-^W].M6;G5KF/68T7'V
M52L<O^\W3^8IVD:3%!9K++;'[0K.V"V<?,>E4SH=Q-I]S-(\@N)',H3/\2_=
M_D*I<CW,Y*I%71J17\R:K<6T[#8J"6,X[=/Z&JD6K7ABMI&;Y9[G:,C^#('^
M-0ZK:7MQ!:S01?OV0P2\] 1C/ZFKEY8OLTY88^(I 6YZ8(I65BKSUU+.G7<U
MS<WJ2$%(IMB^W /]:@DU1K:]OS*?W,$0?CGU_P *KVT\]A?WVZRF=)9=RLN.
M> /6GRZ?)=76HJR%%N+=4#'M][_&E97*YY\JL-)U?[%]M^T(&QN^S@#&/KCK
M4=[KMPC6$\"DPRHSR+@9P-O^-.%U?G3S9_8)!<;=F_Y=N?7K4D.F-!=6$13=
M%'!(CD\]=O'Z4U;J0^;[++,%^TVK&)7!@\H.N!US53QAK,VC>'9I[09O)"(K
M8'NYR0/T--TC3[JSUB5)$S;I'B)\]O3]*SO%FC7WB'Q!I-B/.BT^ O=27$;8
MQ(-H4=?1GJ:B5]#HI-VU(]*OM;UWPJ"NI+9:I9R-#=L(%<-(@(;@C&,@T[P'
M-K^J:;%JFJ:P+A)%*^2+=%P<CG(%1>']"OO#WB#6[-1<7-A>Q">.:1P29>=X
MY.<DM^E:W@2PNM-\)6MK=1F*5,Y4XR/RJ#5N^I8U"YG&KQVD5X+>,Q,Y) .3
MD<<_4TZ\NKJRM8+GSA-$C?O2 ,D>M0:I"1K<<[V)N8?)9=H53\V5]?H:DO(Y
MKZS@M8+9H8Y3A\@#:H[<?A6B25CC;E=]QJZC=SV-Y>QN!#C]P,#H.,U':WUW
M#/9B6Z%PEPF6  RAVY[=N*([.ZBT^[TX191!B%L]5STJ]I^DP06<9$(28Q@,
M3R5XYQ3O%"M.74K0R:CJ,4ES!=""(.RQH4!S@XYX]0:N:1?-?6F]^)$=D; [
M@D5GVLMYI<+V;6<D@5V,3K@@AB3SS[U?T:SDM+)A,,2R.SD>F32E:Q<&[E2U
MU:<Z_=VLO^ISB/ZA033;/5KFYU"^4D>0D8>'(Y]/Y@U4N;"\,5Q/#'_I'VC*
M'/8@+_C5J+3YH+S"1_*;38>?XLL?ZU=HF=ZO-Y#XM2NFCTUF8$SNP;Z UK7=
MP+6REN#T1"Y_ 5@O;W%I9:6PMI)3 [;U0C@$_6K.H/<:I9);I;RQK)(%?. =
MO&>_H34N*;5BU-J]V/T.^NKA98KMAYR'=Q_=/3^1JMI6L7$TDT-SC=DM"V!@
M@?U']:DCTR:QU>&6)GDBD0I+N.<8^[_,U7&E7)TC*)LNHG9XQG[W3C\<4_<N
M1>JHDR:G=R66GQPE1=72DAF'"@8R?UJ;[3>Z??V\5Q.+B"X;:IVA2K>]5$LK
MNWL-+N8X2TULI#Q\9P<9_E5@^?JNHVS_ &=XH(&WDOCENP_G1:(TY?D:UVMR
M8<6LBH^>2W-9":M<V]O>_:0KO;8 =/XLY_7BKVKW-U;6;-:PO+(3@!<?+^=9
MB6;76C7-NL$RS-\S-)CYV]>M3%*VII4;;T+5O=WL-]';7FQO/0NI7^'&./UI
M]M?7;ZQ/:S"/RU3<F.O4=>/>H(%N;_4[>:6V:*.",AB^.6..F/H:LQV\JZ_)
M.5(C,. ??(INPH*17>_NI-6FMX[F*%4( 5QR?IQ6^N=HR<G')KF]54WCM;1:
M<XFW@B;"CH>N<YKHHE*Q(K')"@$U$MD:4V^9H?2'I2T'I4&PS%>=>./#S)*=
M2@0;<?O O4>]>C5#/!'<1-'(@96&"I[UMAZTJ,^8Y,;A8XFDX,\%V\#!SFC%
M=MXC\$S0R/<:<H:,C<8AV^E<;+!+ ^R5&1QU!&*^FHXBG5BFF?#XG!5</)J2
M(L49I:.:W9R689%)FEYHYI#U$S2Y'I1S1S3U%80F@=:7FCFEJ/4,TG'I2\TF
M*-@U#CTHX]*,48IW\@U#CTHX]*,48HOY!J''I1QZ48HQ1?R#4./2CCTHQ1BB
M_D&H<>E''I1BC%%_(-0X]*./2C%&*+^0:AQZ4<>E&*,47\@U#CTHX]*,48HO
MY!J''I1FC%+@T7#43-&:7FCFEJ&HVE!HQ1BG?R%8,T8HQ1BC<!V*2BK-I8W%
M[*L=O"TCDX'''YU,JD8KWBX0E+1*Y J,S!%4L6X '>O5/!V@G2[(S2@?:)>3
M["JWAKP8ECMNK_;+/G(7LM=AMPOM7A8[&JI^[I['U>4Y7*B_:U=R3%+117EG
MT TCFD.*?10)JXPTF,=*DHH'ZC!QUH'7'K3Z* &T4ZB@!O%&:=10*PW'I1]:
M=10%AN!2=_>GT4!88,9XI>U.HH>H)60V@YQ3J*!C *7!IU% #:,TZB@0SK2]
MJ=12>HQF 3]**?13%891CU[4^B@+#1S2$]J?119!J1]OY4#M[U)10 W I*?1
M0@L,Y]:,]J?10-D=2#I110 4'I110 V@\4ZB@&0DDGVJG=Z-I]\";BUC<G^(
MCG\ZTJ*I2<7=,B=.,U::3^1S1\$: Y)-F>?25Q_6D_X0;P__ ,^;?]_G_P :
MZ:BM/K%;^9F#P6'_ )%]QS/_  @WA_\ Y\V_[_/_ (T?\(-X?_Y\V_[_ #_X
MUTU%'UFM_._O%]1P_P#(ON.9_P"$&\/_ //FW_?Y_P#&C_A!O#__ #YM_P!_
MG_QKIJ*/K-;^=_>'U'#_ ,B^XYG_ (0;P_\ \^;?]_G_ ,:/^$&\/_\ /FW_
M '^?_&NFHH^LUOYW]X?4</\ R+[CF?\ A!O#_P#SYM_W^?\ QH_X07P__P ^
M;?\ ?Y_\:Z:BCZS6_F?WA]1P_P#(ON.9_P"$%\/_ //FW_?Y_P#&C_A!?#__
M #YM_P!_G_QKIJ*/K%;^9_>'U'#_ ,B^XYG_ (07P_\ \^;?]_G_ ,:/^$%\
M/_\ /FW_ '^?_&NFHH^L5OYG]X?4</\ R+[CF?\ A!?#_P#SYM_W^?\ QH_X
M07P__P ^;?\ ?Y_\:Z:BCZQ6_F?WA]1P_P#(ON.9_P"$%\/_ //FW_?Y_P#&
MC_A!?#__ #YM_P!_G_QKIJ*/K%;^9_>'U'#_ ,B^XYG_ (07P_\ \^;?]_G_
M ,:/^$%\/_\ /FW_ '^?_&NFHH^L5OYG]X?4</\ R+[CF?\ A!?#_P#SYM_W
M^?\ QH_X07P__P ^;?\ ?Y_\:Z:BCZQ6_F?WA]1P_P#(ON.9_P"$%\/_ //F
MW_?Y_P#&C_A!?#__ #YM_P!_G_QKIJ*/K%;^9_>'U'#_ ,B^XYG_ (07P_\
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0"/TYIW;%.HJ#<**** /_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
