NEITHER
THIS SECURITY NOR ANY SECURITIES WHICH MAY BE ISSUED UPON EXERCISE OF THIS SECURITY HAVE BEEN REGISTERED WITH THE U.S. SECURITIES
AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY U.S. STATE OR OTHER JURISDICTION OR ANY EXCHANGE OR SELF-REGULATORY
ORGANIZATION, IN RELIANCE UPON EXEMPTIONS FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, AND SUCH OTHER
LAWS AND REQUIREMENTS, AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD, EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR
LISTING OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, SUCH REGISTRATION AND/OR LISTING REQUIREMENTS
AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH WILL BE REASONABLY ACCEPTABLE
TO THE COMPANY.


 


GREEN
ENVIROTECH HOLDINGS CORP.


 


COMMON
STOCK WARRANT


 


Effective
Date: [_____________], 2016


 


Green
EnviroTech Holdings Corp., a Delaware corporation (the “Company”), hereby certifies that XXXXX, and his
assigns (collectively, the “Holder”), for value received, is entitled to purchase from the Company at any time
commencing on [date], 2016 (the “Effective Date”), and terminating on [date] date (the “Termination
Date”) up to [number of shares] shares (each, a “Share” and collectively the “Shares”)
of the Company’s common stock, par value $0.001 per Share (the “Common Stock”), at an exercise price
per Share equal to $0.10 (the “Exercise Price”). The number of Shares purchasable hereunder and the Exercise
Price are subject to adjustment as provided in Section 4 hereof. The Warrants shall be fully vested upon issuance.


 


1.
Method of Exercise; Payment.


 


(a)
Cash Exercise. The purchase rights represented by this Warrant, may be exercised by the Holder, in whole or in part, at
any time, or from time to time, by the surrender of this Warrant (with the notice of exercise form (the “Notice of Exercise”)
attached hereto as Exhibit A duly executed) at the principal office of the Company, and by payment to the Company of an
amount equal to the Exercise Price multiplied by the number of the Shares being purchased, which amount may be paid, at the election
of the Holder, by wire transfer or certified check payable to the order of the Company. The person or persons in whose name(s)
any certificate(s) representing Shares shall be issuable upon exercise of this Warrant shall be deemed to have become the holder(s)
of record of, and shall be treated for all purposes as the record holder(s) of, the Shares represented thereby (and such Shares
shall be deemed to have been issued) immediately prior to the close of business on the date or dates upon which this Warrant is
exercised.


 




    	1



     

    

 


(b)
Net Issue Exercise. In lieu of exercising this warrant pursuant to Section l (a) hereof, the Holder may elect to receive
a number of Shares equal to the value (as determined below) of such portion of this Warrant (or the portion thereof being canceled)
by surrender of this Warrant at the principal office of the Company together with Notice of Cashless Exercise annexed hereto as
Exhibit C duly executed; provided that the Net Issue Exercise set forth in this Section 1(b) is subject to adjustments set forth
in Section 4 of this Warrant. In such event, the Company shall issue to the Holder a number of Shares computed using the following
formula:


 





	 	X =	Y (A-B)
	 	 	   A



 


	Where	X 	= 	the
    number of Shares to be issued to the Holder.
	 	 	 	 
	 	Y 	=	 the number
    of Shares subject to this Warrant or, if only a portion of this Warrant is being exercised, the portion of the Warrant being
    canceled (at the time of such calculation).
	 	 	 	 
	 	A 	=	 the fair market
    value of one share of the Company’s Common Stock (at the date of such calculation).
	 	 	 	 
	 	B 	=	 the Exercise
    Price (as adjusted to the date of such calculation).




 





(c) Fair Market Value.
For purposes of this Section 1, the fair market value of the Company’s Common Stock shall mean:




 


(i)
The average of the closing sales prices of the Company’s Common Stock quoted on the Over-the-Counter Bulletin Board, or
if the Over-the-Counter Bulletin Board is not the principal market for the Company’s Common Stock, then the Nasdaq Stock
Market or the closing price quoted on any other exchange or market on which the Common Stock is listed or quoted, whichever is
applicable, as published the Wall Street Journal for the ten (10) trading days prior to the date of determination of fair
market value;


 


(ii)
If the Company’s Common Stock is not traded on the Over-the-Counter Bulletin Board or the Nasdaq Stock Market or on an exchange
or market, the fair market value of the Common Stock per share shall be agreed upon by the parties hereto. If parties cannot agree
on the fair market value within five (5) business days of delivery of the Notice of Exercise, the Board of Directors in good faith
shall determine the fair market value of the Common Stock; provided, however, that the fair market value of the Common Stock shall
be no greater than the price at which the Company last sold its Common Stock or the exercise price of its last granted options,
whichever occurs later.


 


(d)
Stock Certificates. In the event of any exercise of the rights represented by this Warrant, as promptly as practicable
after this Warrant is surrendered and delivered to the Company along with all other appropriate documentation on or after the
date of exercise and in any event within ten (10) days thereafter, the Company at its expense shall issue and deliver to the person
or persons entitled to receive the same a certificate or certificates for the number of Shares issuable upon such exercise. In
the event this Warrant is exercised in part, the Company at its expense will execute and deliver a new Warrant of like tenor exercisable
for the number of Shares for which this Warrant may then be exercised.


 




    	2



     

    

 


(e)
Taxes. The issuance of the Shares upon the exercise of this Warrant, and the delivery of certificates or other instruments
representing such Shares, shall be made without charge to the Holder for any tax or other charge in respect of such issuance.


 


2.
Warrant.


 


(a)
Exchange, Transfer, and Replacement. At any time prior to the exercise hereof, this Warrant may be exchanged upon presentation
and surrender to the Company, alone or with other warrants of like tenor of different denominations registered in the name of
the same Holder, for another warrant or warrants of like tenor in the name of such Holder exercisable for the aggregate number
of Shares as the warrant or warrants surrendered.


 


(b)
Replacement of Warrant. Upon receipt of evidence reasonably satisfactory to the Company of the loss, theft, destruction,
or mutilation of this Warrant and, in the case of any such loss, theft, or destruction, upon delivery of an indemnity agreement
reasonably satisfactory in form and amount to the Company, or, in the case of any such mutilation, upon surrender and cancellation
of this Warrant, the Company, at its expense, will execute and deliver in lieu thereof, a new Warrant of like tenor.


 


(c)
Cancellation; Payment of Expenses. Upon the surrender of this Warrant in connection with any transfer, exchange or replacement
as provided in this Section 2, this Warrant shall be promptly canceled by the Company. The Holder shall pay all taxes and
all other expenses (including legal expenses, if any, incurred by the Holder or transferees) and charges payable in connection
with the preparation, execution, and delivery of Warrants pursuant to this Section 2.


 


(d)
Warrant Register. The Company shall maintain, at its principal executive offices (or at the offices of the transfer agent
for the Warrant or such other office or agency of the Company as it may designate by notice to the holder hereof), a register
for this Warrant (the “Warrant Register”), in which the Company shall record the name and address of the person
in whose name this Warrant has been issued, as well as the name and address of each transferee and each prior owner of this Warrant.


 


3.
Rights and Obligations of Holders of this Warrant. The Holder of this Warrant shall not, by virtue hereof, be entitled
to any rights of a stockholder in the Company, either at law or in equity; provided, however, that in the event
any certificate representing shares of Common Stock or other securities is issued to the holder hereof upon exercise of this Warrant,
such holder shall, for all purposes, be deemed to have become the holder of record of such Common Stock on the date on which this
Warrant, together with a duly executed Election to Purchase, was surrendered and payment of the aggregate Exercise Price was made,
irrespective of the date of delivery of such Common Stock certificate.


 




    	3



     

    

 


4.
Adjustments.


 


(a)
Stock Dividends, Reclassifications, Recapitalizations, Etc. While this Warrant is outstanding, in the event the Company:
(i) pays a dividend in Common Stock or makes a distribution in Common Stock, (ii) subdivides its outstanding Common Stock into
a greater number of shares, (iii) combines its outstanding Common Stock into a smaller number of shares or (iv) increases or decreases
the number of shares of Common Stock outstanding by reclassification of its Common Stock (including a recapitalization in connection
with a consolidation or merger in which the Company is the continuing corporation), then (1) the Exercise Price on the record
date of such division or distribution or the effective date of such action shall be adjusted by multiplying such Exercise Price
by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately before such event and the
denominator of which is the number of shares of Common Stock outstanding immediately after such event, and (2) the number of shares
of Common Stock for which this Warrant may be exercised immediately before such event shall be adjusted by multiplying such number
by a fraction, the numerator of which is the Exercise Price immediately before such event and the denominator of which is the
Exercise Price immediately after such event.


 


(b)
Combination: Liquidation. While this Warrant is outstanding, (i) In the event of a Combination (as defined below), each
Holder shall have the right to receive upon exercise of the Warrant the kind and amount of shares of capital stock or other securities
or property which such Holder would have been entitled to receive upon or as a result of such Combination had such Warrant been
exercised immediately prior to such event (subject to further adjustment in accordance with the terms hereof). Unless paragraph
(ii) is applicable to a Combination, the Company shall provide that the surviving or acquiring Person (the “Successor
Company”) in such Combination will assume by written instrument the obligations under this Section 4 and the
obligations to deliver to the Holder such shares of stock, securities or assets as, in accordance with the foregoing provisions,
the Holder may be entitled to acquire. “Combination” means an event in which the Company consolidates with,
merges with or into, or sells all or substantially all of its assets to another Person, where “Person” means
any individual, corporation, partnership, joint venture, limited liability company, association, joint-stock company, trust, unincorporated
organization, government or any agency or political subdivision thereof or any other entity; (ii) In the event of (x) a Combination
where consideration to the holders of Common Stock in exchange for their shares is payable solely in cash or (y) the dissolution,
liquidation or winding-up of the Company, the Holders shall be entitled to receive, upon surrender of their Warrant, distributions
on an equal basis with the holders of Common Stock or other securities issuable upon exercise of the Warrant, as if the Warrant
had been exercised immediately prior to such event, less the Exercise Price. In case of any Combination described in this Section
4, the surviving or acquiring Person and, in the event of any dissolution, liquidation or winding-up of the Company, the Company,
shall deposit promptly with an agent or trustee for the benefit of the Holders of the funds, if any, necessary to pay to the Holders
the amounts to which they are entitled as described above. After such funds and the surrendered Warrant are received, the Company
is required to deliver a check in such amount as is appropriate (or, in the case or consideration other than cash, such other
consideration as is appropriate) to such Person or Persons as it may be directed in writing by the Holders surrendering such Warrant.


 




    	4



     

    

 


5.
Fractional Shares. In lieu of issuance of a fractional share upon any exercise hereunder, the Company will issue an additional
whole share in lieu of that fractional share, calculated on the basis of the Exercise Price.


 


6.
Legends. Prior to issuance of the shares of Common Stock underlying this Warrant, all such certificates representing such
shares shall bear a restrictive legend to the effect that the Shares represented by such certificate have not been registered
under the Securities Act, and that the Shares may not be sold or transferred in the absence of such registration or an exemption
therefrom, such legend to be substantially in the form of the bold-face language appearing at the top of Page 1 of this Warrant.


 


7.
Disposition of Warrants or Shares. The Holder of this Warrant, each transferee hereof and any holder and transferee of
any Shares, by his or its acceptance thereof, agrees that no public distribution of Warrants or Shares will be made in violation
of the provisions of the Securities Act. Furthermore, it shall be a condition to the transfer of this Warrant that any transferee
thereof deliver to the Company his or its written agreement to accept and be bound by all of the terms and conditions contained
in this Warrant.


 


8.
Merger or Consolidation. The Company will not merge or consolidate with or into any other corporation, or sell or otherwise
transfer its property, assets and business substantially as an entirety to another corporation, unless the corporation resulting
from such merger or consolidation (if not the Company), or such transferee corporation, as the case may be, shall expressly assume,
by supplemental agreement reasonably satisfactory in form and substance to the Holder, the due and punctual performance and observance
of each and every covenant and condition of this Warrant to be performed and observed by the Company.


 


9.
Notices. Except as otherwise specified herein to the contrary, all notices, requests, demands and other communications
required or desired to be given hereunder shall only be effective if given in writing by certified or registered U.S. mail with
return receipt requested and postage prepaid; by private overnight delivery service (e.g. Federal Express); by facsimile transmission
(if no original documents or instruments must accompany the notice); by e-mail, or by personal delivery. Any such notice shall
be deemed to have been given (a) on the business day immediately following the mailing thereof, if mailed by certified or registered
U.S. mail as specified above; (b) on the business day immediately following deposit with a private overnight delivery service
if sent by said service; (c) upon receipt of confirmation of transmission if sent by facsimile transmission; or (d) upon personal
delivery of the notice. All such notices shall be sent to the following addresses (or to such other address or addresses as a
party may have advised the other in the manner provided in this Section 9):


 


	 	if
    to the Company: 	To
    the address of the Company disclosed in the Company’s filing with the Securities and Exchange Commission or on the Company’s
    website.
	 	 	 
		if
    to the Holder: 	To
    the address of the Holder reflected in the Company’s records.


 




    	5



     

    

 


Notwithstanding
the time of effectiveness of notices set forth in this Section, an Election to Purchase shall not be deemed effectively given
until it has been duly completed and submitted to the Company together with this original Warrant and payment of the Exercise
Price in a manner set forth in this Section.


 


10.
Governing Law. This Warrant shall be governed by and construed in accordance with the laws of the State of California applicable
to contracts made and to be performed in the State of California. Any dispute relating to this Warrant shall be adjudicated in
Tuolumne County in the State of California.


 


11.
Successors and Assigns. This Warrant shall be binding upon and shall inure to the benefit of the parties hereto and their
respective successors and assigns.


 


12.
Headings. The headings of various sections of this Warrant have been inserted for reference only and shall not affect the
meaning or construction of any of the provisions hereof.


 


13.
Severability. If any provision of this Warrant is held to be unenforceable under applicable law, such provision shall be
excluded from this Warrant, and the balance hereof shall be interpreted as if such provision were so excluded.


 


14.
Modification and Waiver. This Warrant and any provision hereof may be amended, waived, discharged, or terminated only by
an instrument in writing signed by the Company and the Holder.


 


15.
Specific Enforcement. The Company and the Holder acknowledge and agree that irreparable damage would occur in the event
that any of the provisions of this Warrant were not performed in accordance with their specific terms or were otherwise breached.
It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent or cure breaches of the
provisions of this Warrant and to enforce specifically the terms and provisions hereof, this being in addition to any other remedy
to which either of them may be entitled by law or equity.


 


16.
Assignment. Subject to prior written approval by the Company, this Warrant may be transferred or assigned, in whole or
in part, at any time and from time to time by the then Holder by submitting this Warrant to the Company together with a duly executed
Assignment in substantially the form and substance of the Form of Assignment which accompanies this Warrant, as Exhibit B
hereto, and, upon the Company’s receipt hereof, and in any event, within five (5) business days thereafter, the Company
shall issue a warrant to the Holder to evidence that portion of this Warrant, if any as shall not have been so transferred or
assigned.


 


(signature
page immediately follows)


 




    	6



     

    

 


IN
WITNESS WHEREOF, the Company has caused this Warrant to be duly executed, manually or by facsimile, by one of its officers thereunto
duly authorized.


 


	 	Green
    EnviroTech Holdings Corp.
	 	 	 
	 	By:	
	 	Name:	Gary
    DeLaurentiis
	 	Title:	Chief
    Executive Officer


 




    	7



     

    

 


EXHIBIT
A


TO


WARRANT
CERTIFICATE


 


ELECTION
TO PURCHASE


 


To
Be Executed by the Holder

in Order to Exercise the Warrant


 


The
undersigned Holder hereby elects to purchase _______ Shares pursuant to the attached Warrant, and requests that certificates for
securities be issued in the name of:


__________________________________________________________

(Please type or print name and address)

__________________________________________________________

__________________________________________________________

__________________________________________________________

(Social Security or Tax Identification Number)


 


and
delivered


to:_________________________________________________________________

___________________________________________________________________.


 


(Please
type or print name and address if different from above)


 


If
such number of Shares being purchased hereby shall not be all the Shares that may be purchased pursuant to the attached Warrant,
a new Warrant for the balance of such Shares shall be registered in the name of, and delivered to, the Holder at the address set
forth below.


 


In
full payment of the purchase price with respect to the Shares purchased and transfer taxes, if any, the undersigned hereby tenders
payment of $__________ by check, money order or wire transfer payable in United States currency to the order of [_________]


 


	 	HOLDER:
    
	 	 	 
	 	By:	 
	 	Name:	 
	 	Title:	 
	 	Address:	 


 


Dated:_______________________


 




    	 



     

    

 


EXHIBIT
B





TO





WARRANT


 


FORM
OF ASSIGNMENT

(To be signed only on transfer of Warrant)


 


For
value received, the undersigned hereby sells, assigns, and transfers unto _____________ the right represented by the within Warrant
to purchase ______ shares of Common Stock of [________], a Delaware corporation, to which the within Warrant relates, and appoints
[____________________] Attorney to transfer such right on the books of [_________], a Delaware corporation, with full power of
substitution of premises.


 


	Dated:	By:	 
	 	Name:	 
	 	Title:	 
	 	(signature
    must conform to name of holder as specified on the factof the Warrant)
	 	Address:	 


 


Signed
in the presence of:


 


Dated:


 




    	 



     

    

 


EXHIBIT
C


TO



WARRANT


 


NOTICE
OF EXERCISE OF COMMON STOCK WARRANT


PURSUANT
TO NET ISSUE (“CASHLESS”) EXERCISE PROVISIONS


 


Green
EnviroTech Holdings Corp.


 


	 	 	Number
    of Shares of 

    Common Stock to be 

            Issued
    Under this Notice:	 	 
	 	 	 	 	 


 


CASHLESS
EXERCISE


Gentlemen:


 


The
undersigned, registered holder of the Warrant to Purchase Common Stock delivered herewith (“Warrant”) hereby irrevocably
exercises such Warrant for, and purchases thereunder, shares of the Common Stock of GREEN ENVIROTECH HOLDINGS CORP., a
Delaware corporation, as provided below. Capitalized terms used herein, unless otherwise defined herein, shall have the meanings
given in the Warrant. The portion of the Aggregate Price (as hereinafter defined) to be applied toward the purchase of Common
Stock pursuant to this Notice of Exercise is $____________, thereby leaving a remainder Aggregate Price (if any) equal to $____________.
Such exercise shall be pursuant to the net issue exercise provisions of Section 1(b) of the Warrant. Therefore, the holder makes
no payment with this Notice of Exercise. The number of shares to be issued pursuant to this exercise shall be determined by reference
to the formula in Section 1(b) of the Warrant which requires the use of the fair market value (as defined in Section 1(c) of the
Warrant) of the Company’s Common Stock on the business day immediately preceding the day on which this Notice is received
by the Company. To the extent the foregoing exercise is for less than the full Aggregate Price of the Warrant, the remainder of
the Warrant representing a number of Shares equal to the quotient obtained by dividing the remainder of the Aggregate Price by
the Warrant Price (and otherwise of like form, tenor and effect) may be exercised under Section 1(b) of the Warrant. For purposes
of this Notice the term “Aggregate Price” means the product obtained by multiplying the number of shares of Common
Stock for which the Warrant is exercisable times the Warrant Price.


 


Signature:_____________________________________


 


Address:______________________________________


 


Date:__________________________________________