Document:

Exhibit 4.4

--------------------------------------------------------------------------------

                                   VIACOM INC.

                          [VIACOM INTERNATIONAL INC.]*

                        STANDARD PREFERRED STOCK WARRANT

                              AGREEMENT PROVISIONS

--------------------------------------------------------------------------------

---------------------

*   If co-issued by Viacom International, add the language in brackets relating
    to Viacom International co-issuing the Warrants.

                                       i

<PAGE>

--------------------------------------------------------------------------------

                                TABLE OF CONTENTS

                                                                            Page
                                                                            ----

       Article 1 Issuance, Execution and Delivery of Warrant Certificates
       ------------------------------------------------------------------

    Section 1.1 Issuance of Warrant Certificates..............................1

    Section 1.2 Execution and Delivery of Warrant Certificates................2

    Section 1.3 Registration and Countersignature.............................4

     Article 2 Warrant Price, Duration and Exercise of Warrant Certificates
     ----------------------------------------------------------------------

    Section 2.1 Warrant Price.................................................4

    Section 2.2 Duration of Warrant Certificates..............................5

    Section 2.3 Exercise of Warrant Certificates..............................5

Article 3 Other Provisions Relating to Rights of Holders of Warrant Certificates
--------------------------------------------------------------------------------

    Section 3.1 No Rights as Securityholders Conferred by Warrant
                Certificates..................................................7

    Section 3.2 Lost, Stolen, Mutilated or Destroyed Warrant Certificates.....7

    Section 3.3 Holder of Warrant Certificate May Enforce Rights..............8

    Section 3.4 Call of Warrants by the Company...............................9

    Section 3.5 Optional Reduction of Warrant Price...........................9

    Section 3.6 Reservation of Shares........................................10

    Section 3.7 [Intentionally omitted]......................................11

    Section 3.8 Adjustment of Exercise Price and Number of Shares
                Purchasable or Number of Warrants............................11

    Section 3.9 Fractional Warrants and Fractional Shares....................16

    Section 3.10 Notices to Warrantholders...................................17

             Article 4 Exchange and Transfer of Warrant Certificates
             -------------------------------------------------------

    Section 4.1 Exchange and Transfer........................................19

                                       ii
<PAGE>

    Section 4.2 Treatment of Holders of Warrant Certificates.................20

    Section 4.3 Cancellation of Warrant Certificates.........................21

                     Article 5 Concerning the Warrant Agent
                     --------------------------------------

    Section 5.1 Warrant Agent................................................21

    Section 5.2 Conditions of Warrant Agent's Obligations....................22

    Section 5.3 Registration and Appointment of Successor Warrant Agent......25

                             Article 6 Miscellaneous
                             -----------------------

    Section 6.1 Supplements and Amendments...................................28

    Section 6.2 Notices and Demands to the Company and Warrant Agent.........28

    Section 6.3 Addresses....................................................28

    Section 6.4 Delivery of Prospectus.......................................29

    Section 6.5 Obtaining of Governmental Approvals..........................29

    Section 6.6 Persons Having Rights under Warrant Agreement................29

    Section 6.7 Headings.....................................................30

    Section 6.8 Counterparts.................................................30

    Section 6.9 Inspection of Agreement......................................30

    Section 6.10 Governing Law...............................................30

    Section 6.11 Successors..................................................30

    Section 6.12 Termination.................................................31

                                      iii
<PAGE>

              From time to time, Viacom Inc., a Delaware corporation (the
"Company") [, and Viacom International Inc., a Delaware corporation (the
"Co-Issuer")], may enter into one or more warrant agreements that provide for
the issuance and sale of warrants ("Warrants") to purchase shares of the
Company's Preferred Stock, $0.01 par value [of which the redemption price and
the liquidation amount shall be guaranteed by the Co-Issuer] ("Shares"). The
standard provisions set forth herein may be included or incorporated by
reference in any such warrant agreement (a "Warrant Agreement"). The Warrant
Agreement, including the provisions incorporated therein by reference, is herein
referred to as this "Agreement." The person named as the "Warrant Agent" in the
first paragraph of the Warrant Agreement is herein referred to as the "Warrant
Agent." Unless otherwise defined in this Agreement or in the Warrant Agreement,
as the case may be, terms defined in the Warrant Agreement are used herein as
therein defined and terms defined herein are used in the Warrant Agreement as
herein defined.

                                   Article 1

            Issuance, Execution and Delivery of Warrant Certificates

              Section 1.1 Issuance of Warrant Certificates. Each Warrant
Certificate shall evidence one or more Warrants. Each Warrant evidenced thereby
shall represent the right, subject to the provisions contained herein and
therein, to purchase such numbers of Shares as are set forth in the Warrant
Agreement. The number of Warrants which may be issued and delivered under this
Agreement is unlimited.

              There shall be established in or pursuant to a resolution of the
Board of Directors of the Company or any duly authorized committee thereof or
established in one or more warrant agreements supplemental hereto, prior to the
issuance of any Warrants: the designation of such

<PAGE>

Warrants; if the Warrants are issued together as a unit with any other
securities of the Company, the date after which the Warrants shall be freely
tradable separately from such other securities (the "Distribution Date"); if the
Company may at its option or under circumstances described therein provide for
an earlier Distribution Date; the expiration date, pursuant to Section 2.2; the
exercise price and any form of consideration other than lawful money of the
United States of America by which the exercise price may be paid pursuant to
Section 2.1; the Call Price, Call Date and Call Terms pursuant to Section 3.4;
the limitations, if any, upon the Reduced Warrant Price and the Reduced Warrant
Price Period, pursuant to Section 3.5; the circumstances, if any, under which
the Exercise Price and the number of Shares purchasable upon the exercise of
each Warrant and the number of Warrants outstanding are subject to adjustment
and the manner of making any such adjustment.

              Section 1.2 Execution and Delivery of Warrant Certificates. Each
Warrant Certificate, whenever issued, shall be in registered form substantially
in such form or forms as shall be established by the Company [and the Co-Issuer]
from time to time pursuant to one or more resolutions of the Board of Directors
of the Company [and the Co-Issuer] or in one or more warrant agreements
supplemental hereto, and in each case shall be dated as of the date of issuance
thereof, and may have such letters, numbers or other marks of identification or
designation and such legends or endorsements printed, lithographed or engraved
thereon as the officers of the Company [and the Co-Issuer] executing the Warrant
Certificate may approve (execution thereof to be conclusive evidence of such
approval) and as are not inconsistent with the provisions of this Agreement, or
as may be required to comply with (i) any law or with any rule or regulation
made pursuant thereto or (ii) any rule or regulation of any stock exchange on
which the Warrant Certificates may be listed, or to conform to usage. The
Warrant Certificates

                                       2
<PAGE>

shall be signed on behalf of the Company by its Chairman of the Board of
Directors, its Chief Operating Officer, its President, its Chief Financial
Officer, a Vice President or its Treasurer and attested by its Secretary or
Assistant Secretary. [The Warrant Certificates shall be signed on behalf of the
Co-Issuer by its Chairman of the Board of Directors, its Chief Operating
Officer, its President, its Chief Financial Officer, a Vice President or its
Treasurer and attested by its Secretary or Assistant Secretary.] Such signatures
may be manual or facsimile signatures of such authorized officers and may be
imprinted or otherwise reproduced on the Warrant Certificates.

              No Warrant Certificate shall be valid for any purpose, and no
Warrant evidenced thereby shall be exercisable, until such Warrant Certificate
has been countersigned by the manual signature of the Warrant Agent. Such
signature by the Warrant Agent upon any Warrant Certificate executed by the
Company [and the Co-Issuer] shall be conclusive evidence that the Warrant
Certificate so countersigned has been duly delivered hereunder.

              If any officer of the Company [or of the Co-Issuer] who shall have
signed any of the Warrant Certificates either manually or by facsimile signature
shall cease to be such officer before the Warrant Certificates so signed shall
have been countersigned and delivered to the Warrant Agent, such Warrant
Certificates nevertheless may be countersigned and delivered as though the
person who signed such Warrant Certificates had not ceased to be such officer of
the Company [or of the Co-Issuer, as the case may be]. Any Warrant Certificate
may be signed on behalf of the Company [and the Co-Issuer] by such persons as,
at the actual date of the execution of such Warrant Certificate, shall be the
proper officers of the Company [and the Co-Issuer, respectively], although at
the date of the execution of this Agreement any such persons was not an officer.

                                       3
<PAGE>

              Section 1.3 Registration and Countersignature. The Warrant Agent
shall, upon receipt of Warrant Certificates, duly executed on behalf of the
Company [and the Co-Issuer], countersign the Warrant Certificates evidencing
Warrants to purchase the number of Shares set forth in the Warrant Agreement and
shall deliver such Warrant Certificates to the appropriate person or entity upon
the order of the Company [and the Co-Issuer]. After the original issuance of the
Warrant Certificates, the Warrant Agent shall countersign a Warrant Certificate
only if the Warrant Certificate is issued in exchange or substitution for, or in
connection with the registration of transfer of, one or more previously
countersigned Warrant Certificates, as hereinafter provided. The Warrant
Certificates shall not be valid for any purpose unless so countersigned.

              The Warrant Agent's countersignature on all Warrants shall be in
substantially the following form:

              [NAME OF WARRANT AGENT],
                   as Warrant Agent

              By_________________________________
                      Authorized Signatory

                                   Article 2

          Warrant Price, Duration and Exercise of Warrant Certificates

              Section 2.1 Warrant Price. The exercise price of each Warrant and
any other form of consideration other than lawful money of the United States of
America by which the exercise price may be paid shall be as set forth in the
Warrant Agreement. The purchase price (including moneys and such other
consideration) of the Shares upon exercise of the Warrants is referred to in
this Agreement as the "Warrant Price" and is payable in full at the time of
exercise.

                                       4
<PAGE>

              Section 2.2 Duration of Warrant Certificates. Warrant Certificates
may be exercised in whole at any time, and in part from time to time, during the
period set forth in the Warrant Agent (the "Expiration Date"). Each Warrant
Certificate not exercised on or before the close of business on the Expiration
Date shall become void, and all rights of the holder thereunder and under this
Agreement shall cease.

              Section 2.3 Exercise of Warrant Certificates.

              (a) Prior to the Expiration Date, a Warrant Certificate, if
countersigned by the Warrant Agent, may be exercised in whole or in part by
providing certain information set forth on the reverse side of the Warrant
Certificate and, unless otherwise provided pursuant to Section 2.1, by paying in
full (in cash or by certified or official bank check in New York Clearing House
funds or by bank wire transfer in immediately available funds), in United States
dollars, the Warrant Price for the Shares as to which the Warrant Certificate is
exercised, to the Warrant Agent at its corporate trust office at the address set
forth in the Warrant Agreement. The payment must specify the name of the holder
and the number of Warrants exercised by such holder. Warrants will be deemed to
have been exercised upon receipt by the Warrant Agent of the Warrant Price and
the Warrant Certificate properly completed and duly executed by the registered
holder or holders thereof or by the duly appointed legal representative thereof
or by a duly authorized attorney, such signature to be guaranteed (under the
Medallion Program) by a bank or trust company, by a broker or dealer which is a
member of the National Association of Securities Dealers, Inc. ("NASD") or by a
member of a national securities exchange. If the Warrant Agent receives moneys
in payment of the Warrant Price, the Warrant Agent shall deposit all funds
received by it in the account of the Company maintained with it for such
purpose. If the Warrant Agent receives consideration other than moneys for
Warrants, the

                                       5
<PAGE>

Warrant Agent shall deliver such consideration directly to the Company. In
either case, the Warrant Agent shall advise the Company [and the Co-Issuer] by
telex or telecopy at the end of each day as to the Warrant Certificates that
have been exercised and the amount of moneys deposited to its account or the
type and amount of other consideration to be delivered to it.

              (b) The Warrant Agent shall, from time to time, as promptly as
practicable, advise the Company [and the Co-Issuer] of (i) the number of
Warrants exercised, (ii) the instructions of each holder of the Warrant
Certificates evidencing such Warrants with respect to delivery of the Shares to
which such holder is entitled upon such exercise, (iii) delivery of Warrant
Certificates evidencing the balance, if any, of the Warrants remaining after
such exercise and (iv) such other information as the Company [and the Co-Issuer]
shall reasonably require.

              (c) As soon as practicable after receipt of payment of the Warrant
Price and the Warrant Certificate properly completed and duly executed at the
corporate trust office of the Warrant Agent, the Company shall issue or deliver,
upon the order of the holder of such Warrant Certificate, the Shares in
authorized denominations to which such holder is entitled, in fully registered
form in such name or names as maybe directed by such holder, and if such Warrant
Certificate was not exercised in full, upon request of the holder a new Warrant
Certificate evidencing the number of Warrants remaining unexercised shall be
issued if sufficient time remains prior to the Expiration Date. [Simultaneously,
the Co-Issuer shall enter into a Preferred Stock Guarantee Agreement with
respect to the Shares to which such holder is entitled, and if such Warrant
Certificate was not exercised in full, upon request of the holder, shall execute
and deliver together with the Company the above-mentioned new Warrant
Certificate evidencing the

                                       6
<PAGE>

number of Warrants remaining unexercised shall be issued if sufficient time
remains prior to the Expiration Date.]

              (d) The Company [and the Co-Issuer] shall not be required to
pay any tax or taxes which may be payable in respect of any transfer involved in
the issue of any Warrant Certificates or any certificates for Shares in a name
other than the registered holder of a Warrant Certificate surrendered upon the
exercise of a Warrant, and the Company [and the Co-Issuer] shall not be required
to issue or deliver such certificates unless or until the person or persons
requesting the issuance thereof shall have paid to the Company [and the
Co-Issuer] the amount of such tax or shall have established to the satisfaction
of the Company [and the Co-Issuer] that such tax has been paid.

                                    Article 3

                     Other Provisions Relating to Rights of
                        Holders of Warrant Certificates

              Section 3.1 No Rights as Securityholders Conferred by Warrant
Certificates. No Warrant Certificate shall entitle the holder thereof to any of
the rights of a stockholder of the Company, [or to any rights to guarantee
payments by the Co-Issuer] including the right to receive the payment of
dividends on or vote the Shares.

              Section 3.2 Lost, Stolen, Mutilated or Destroyed Warrant
Certificates. Upon receipt by the Company [, the Co-Issuer] and the Warrant
Agent of evidence reasonably

                                       7
<PAGE>

satisfactory to them of the ownership and the loss, theft, destruction or
mutilation of the Warrant Certificate, and of such security or indemnity as may
be required by them to save each of them harmless, and, in the case of
mutilation, upon surrender thereof to the Warrant Agent for cancellation, then,
in the absence of notice to the Company [, the Co-Issuer] or the Warrant Agent
that such Warrant Certificate has been acquired by a bona fide purchaser, the
Company [and the Co-Issuer] shall execute, and an authorized officer of the
Warrant Agent shall manually countersign and deliver, in exchange for or in lieu
of the lost, stolen or destroyed or mutilated Warrant Certificate, a new Warrant
Certificate of the same tenor and for a like number of Warrants. Upon the
issuance of any new Warrant Certificate under this Section, the Company [and the
Co-Issuer] may require the payment of a sum sufficient to cover any tax or other
governmental charge that may be imposed in relation thereto and any other
expense (including the fees and expenses of the Warrant Agent) in connection
therewith. Every substitute Warrant Certificate executed and delivered pursuant
to this Section in lieu of any lost, stolen or destroyed Warrant Certificate
shall constitute an additional contractual obligation of the Company [and the
Co-Issuer], whether or not the lost, stolen or destroyed Warrant Certificate
shall be at any time enforceable by anyone, and shall be entitled to the
benefits of this Agreement equally and proportionately with any and all other
Warrant Certificates duly executed and delivered hereunder. The provisions of
this Section are exclusive and shall preclude (to the extent lawful) any and all
other rights or remedies with respect to the replacement of mutilated, lost,
stolen or destroyed Warrant Certificates.

              Section 3.3 Holder of Warrant Certificate May Enforce Rights.
Notwithstanding any of the provisions of this Agreement, any holder of any
Warrant Certificate, without the consent of the Warrant Agent, the holder of any
Shares or the holder of any other Warrant

                                       8
<PAGE>

Certificate, may, in his or her own behalf and for his or her own benefit,
enforce, and may institute and maintain any action or proceeding against the
Company [and the Co-Issuer] to enforce or otherwise in respect of, his or her
right to exercise his or her Warrant Certificate in the manner provided in his
or her Warrant Certificate and in his or her Agreement.

              Section 3.4 Call of Warrants by the Company. If so provided in the
Warrant Agreement, the Company shall have the right to call and repurchase any
or all Warrants at the price (the "Call Price") and on or after the date (the
"Call Date") and upon the terms (the "Call Terms") as shall be established from
time to time in or pursuant to the Warrant Agreement before the issuance of such
Warrants, or to resolutions of the Board of Directors of the Company. Notice of
such Call Price, Call Date and Call Terms shall be given to registered holders
of Warrants in writing by the Company or the Warrant Agent.

              Section 3.5 Optional Reduction of Warrant Price. Subject to the
limits, if any, established from time to time by the Board of Directors of the
Company or in the Warrant Agreement, the Company shall have the right, at any
time or from time to time, voluntarily to reduce the then current Warrant Price
to such amount (the "Reduced Warrant Price") and for such period or periods of
time, which may be through the close of business on the Expiration Date (the
"Reduced Warrant Price Period"), as may be deemed appropriate by the Board of
Directors of the Company. Notice of any such Reduced Warrant Price and Reduced
Warrant Price Period shall be given to registered holders of Warrants in writing
by the Company or the Warrant Agent. After the termination of the Reduced
Warrant Price Period, the Warrant Price shall be such Warrant Price that would
have been in effect had there been no reduction in the Warrant Price pursuant to
the provisions of this Section 3.5.

                                       9
<PAGE>

              Section 3.6 Reservation of Shares. For the purpose of enabling it
to satisfy any obligation to issue Shares upon exercise of Warrants, the Company
will at all times through the close of business on the Expiration Date, reserve
and keep available, free from preemptive rights and out of its aggregate
authorized but unissued or treasury shares of Preferred Stock, the number of
Shares deliverable upon the exercise of all outstanding Warrants, and the
transfer agent for the shares is hereby irrevocably authorized and directed at
all times to reserve such number of authorized and unissued or treasury shares
of Preferred Stock as shall be required for such purpose. The Company will keep
a copy of this Agreement on file with such transfer agent and with every
transfer agent for any shares of the Company's capital stock issuable upon the
exercise of Warrants. The Warrant Agent is hereby irrevocably authorized to
requisition from time to time from such transfer agent stock certificates
issuable upon exercise of outstanding Warrants, and the Company will supply such
transfer agent with duly executed stock certificates for such purpose.

              Before taking any action that would cause an adjustment pursuant
to Section 3.7 reducing the Exercise Price below the then par value (if any) of
the Shares issuable upon exercise of the Warrants, the Company will take any
corporate action that may, in the opinion of its counsel, be necessary in order
that the Company may validly and legally issue fully paid and nonassessable
Shares at the Exercise Price as so adjusted.

              The Company covenants that all Shares issued upon exercise of the
Warrants will, upon issuance in accordance with the terms of this Agreement, be
fully paid and nonassessable and free from all taxes, liens, charges and
security interests created by or imposed upon the Company with respect to the
issuance and holding thereof.

                                       10
<PAGE>

              Section 3.7 [Intentionally omitted].

              Section 3.8 Adjustment of Exercise Price and Number of Shares
Purchasable or Number of Warrants. The Exercise Price, the number of Shares
purchasable upon the exercise of each Warrant and the number of Warrants
outstanding are subject to adjustment from time to time upon the occurrence of
the events enumerated in this Section 3.8.

              (a) If the Company shall (i) pay a dividend on its capital stock
(including Preferred Stock) in shares of Stock, (ii) subdivide its outstanding
shares of Preferred Stock (iii) combine its outstanding shares of Preferred
Stock into smaller number of shares of Preferred Stock or (iv) issue any shares
of its capital stock in a reclassification of the Preferred Stock (including any
such reclassification in connection with a consolidation or merger in which the
Company is the continuing corporation), the number of Shares purchasable upon
exercise of each Warrant immediately prior thereto shall be adjusted so that the
holder of each Warrant shall be entitled to receive the kind and number of
Shares or other securities of the Company which such holder would have owned or
have been entitled to receive after the happening of any of the events described
above, had such Warrant been exercised immediately prior to the happening of
such event or any record date with respect thereto. An adjustment made pursuant
to this paragraph (a) shall become effective immediately after the effective
date of such event retroactive to the record date, if any, for such event.

              (b) In the event of any capital reorganization or any
reclassification of the Preferred Stock (except as provided in paragraph (a)
above or paragraph (h) below), any holder of Warrants upon exercise thereof
shall be entitled to receive, in lieu of the Preferred Stock to which he or she
would have become entitled upon exercise immediately prior to such

                                       11
<PAGE>

reorganization or reclassification, the shares (of any class or classes) or
other securities or property of the Company that he or she would have been
entitled to receive at the same aggregate Exercise Price upon such
reorganization or reclassification if his or her Warrants had been exercised
immediately prior thereto; and in any such case, appropriate provision (as
determined in good faith by the Board of Directors of the Company, whose
determination shall be conclusive and shall be evidenced by a resolution filed
with the Warrant Agent) shall be made for the application of this Section 3.8
with respect to the rights and interests thereafter of the holders of Warrants
(including the allocation of the adjusted Warrant Price between or among shares
of classes of capital stock), to the end that this Section 3.8 (including the
adjustments of the number of shares of Preferred Stock or other securities
purchasable and the Warrant Price thereof) shall thereafter be reflected, as
nearly as reasonably practicable, in all subsequent exercises of the Warrants
for any shares or securities or other property thereafter deliverable upon the
exercise of the Warrants.

              (c) Except for adjustments required by paragraph (h) hereof, no
adjustment in the number of Shares purchasable hereunder shall be required
unless such adjustment would require an increase or decrease of at least one
percent (1%) in the number of Shares purchasable upon the exercise of each
Warrant; provided, however, that any adjustments which by reason of this
paragraph (c) are not required to be made shall be carried forward and taken
into account in any subsequent adjustment. All calculations shall be made to the
nearest cent and to the nearest one-hundredth of a Share, as the case may be.

              (d) Whenever the number of Shares purchasable upon the exercise of
each Warrant is adjusted as herein provided (whether or not the Company then or
thereafter elects to issue additional Warrants in substitution for an adjustment
in the number of Shares as provided

                                       12
<PAGE>

in paragraph (f), the Exercise Price payable upon exercise of each Warrant shall
be adjusted by multiplying such Exercise Price immediately prior to such
adjustment by a fraction, of which the numerator shall be the number of Shares
purchasable upon the exercise of each Warrant immediately prior to such
adjustment, and of which the denominator shall be the number of Shares so
purchasable immediately thereafter.

              (e) For the purpose of this Section 3.8, the term "shares of
Stock" shall mean (i) the class of stock designated as the Preferred Stock of
the Company at the date of this Agreement, or (ii) any other class of stock
resulting from successive changes or reclassification of such shares consisting
solely of changes in par value, from par value to no par value, or from no par
value to par value. If at any time, as a result of an adjustment made pursuant
to paragraph (a) or (b) above, the holders of Warrants shall become entitled to
purchase any shares of the Company other than shares of Stock, thereafter the
number of such other shares so purchasable upon exercise of each Warrant and the
Exercise Price of such shares shall be subject to adjustment from time to time
in a manner and on terms as nearly equivalent as practicable to the provisions
with respect to the Shares contained in paragraphs (a) through (d), inclusive,
above, and the provisions of Section 2.1, 2.2, 2.3, 3.6, 3.7(a) and 3.10, with
respect to the Shares, shall apply on like terms to any such other shares.

              (f) The Company may elect, on or after the date of any adjustment
required by paragraphs (a) through (b) of this Section 3.8, to adjust the number
of Warrants in substitution for an adjustment in the number of Shares
purchasable upon the exercise of a Warrant. Each of the Warrants outstanding
after such adjustment of the number of Warrants shall be exercisable for the
same number of shares as immediately prior to such adjustment. Each Warrant held
of record prior to such adjustment of the number of Warrants shall become that
number of Warrants

                                       13
<PAGE>

(calculated to the nearest hundredth) obtained by dividing the Warrant Price in
effect prior to adjustment of the Warrant Price by the Warrant Price in effect
after adjustment of the Warrant Price. The Company shall notify the holders of
Warrants in the same manner as provided in the first paragraph of Section 3.10,
of its election to adjust the number of Warrants, indicating the record date for
the adjustment, and, if known at the time, the amount of the adjustment to be
made. This record date may be the date on which the Exercise Price is adjusted
or any day thereafter. Upon each adjustment of the number of Warrants pursuant
to this paragraph (f) the Company shall, as promptly as practicable, cause to be
distributed to holders of record of Warrants on such record date Warrant
Certificates evidencing, subject to Section 3.9, the additional Warrants to
which such holders shall be entitled as a result of such adjustment, or, at the
option of the Company, shall cause to be distributed to such holders of record
in substitution and replacement for the Warrant Certificates held by such
holders prior to the date of adjustment, and upon surrender thereof, if required
by the Company, new Warrant Certificates evidencing all the Warrants to be
issued, executed and registered in the manner specified in Section 1.3 and
Article 4 (and which may bear, at the option of the Company, the adjusted
Exercise Price) and shall be registered in the names of the holders of record of
Warrant Certificates on the record date specified in the notice.

              (g) Except as provided in paragraph (a) of this Section 3.8, no
adjustment in respect of any dividends shall be made during the term of a
Warrant or upon the exercise of a Warrant.

              (h) In case of any consolidation of the Company with or merger of
the Company into another corporation or in case of any sale or conveyance to
another corporation of the property of the Company as an entirety or
substantially as an entirety, the Company or such

                                       14
<PAGE>

successor or purchasing corporation, as the case may be, shall execute with the
Warrant Agent [and the Co-Issuer] an agreement that each holder of a Warrant
shall have the right thereafter upon payment of the Warrant Price in effect
immediately prior to such action to purchase upon exercise of each Warrant the
kind and amount of shares and other securities and property which he or she
would have owned or have been entitled to receive after the happening of such
consolidation, merger, sale or conveyance had such Warrant been exercised
immediately prior to such action. The Company shall mail by first class mail,
postage prepaid, to each holder of a Warrant, notice of the execution of any
such agreement. Such agreement shall provide for adjustments, which shall be as
nearly equivalent as may be practicable to the adjustments provided for in this
Section 3.8. The provisions of this paragraph (h) shall similarly apply to
successive consolidations, mergers, sales or conveyances. The Warrant Agent
shall be under no duty or responsibility to determine the correctness of any
provisions contained in any such agreement relating either to the kind or amount
of shares of stock or other securities or property receivable upon exercise of
Warrants or with respect to the method employed and provided therein for any
adjustments and shall be entitled to rely upon the provisions contained in any
such agreement.

              (i) Irrespective of any adjustments in the Exercise Price or the
number or kind of shares purchasable upon the exercise of the Warrants, Warrants
theretofore or thereafter issued may continue to express the same price and
number and kind of shares as are stated in the Warrants initially issuable
pursuant to this Agreement.

                                       15
<PAGE>

              Section 3.9 Fractional Warrants and Fractional Shares.

              (a) The Company [and the Co-Issuer] shall not be required to issue
fractions of Warrants on any distribution of Warrants to holders of Warrant
Certificates or to distribute Warrant Certificates that evidence fractional
Warrants. In lieu of such fractional Warrants, there shall be paid to the
registered holder of the Warrant Certificates with regard to which such
fractional Warrants would otherwise be issuable, an amount in cash equal to the
same fraction of the current market value of a full Warrant. For purposes of
this Section 3.9, the current market value of a Warrant shall be the closing
price of one Warrant (as determined pursuant to paragraph (c) below) for the
trading day immediately prior to the date on which such fractional Warrant would
have been otherwise issuable.

              (b) Notwithstanding any adjustment pursuant to this Section 3.9 in
the number of Shares purchasable upon the exercise of a Warrant, the Company
shall not be required to issue, and the Co-Issuer shall not be required to
guarantee, fractions of Shares upon exercise of the Warrants or to distribute
certificates which evidence fractional Shares. In lieu of fractional Shares,
there shall be paid to the registered holders of Warrant Certificates at the
time such Warrant Certificates are exercised as herein provided an amount in
cash equal to the same fraction of the current market value of a share of
Preferred Stock. For purposes of this Section 3.9, the current market value of a
share of Preferred Stock shall be the closing price of a share of Preferred
Stock (as determined pursuant to paragraph (c) below) for the trading day
immediately prior to the date of such exercise.

              (c) The closing price for each day shall be the last sale price,
regular way, or, if no such sale takes place on such day, the average of the
closing bid and asked prices, regular

                                       16
<PAGE>

way, for such day, in either case as reported in the principal consolidated
transaction reporting system with respect to securities listed or admitted to
trading on the New York Stock Exchange or, if the Warrants or Stock, as the case
may be, is not listed or admitted to trading on such exchange, as reported on
the principal consolidated transaction reporting system with respect to
securities listed on the principal national securities exchange on which the
Warrants or Preferred Stock, respectively, is listed or admitted to trading, or
if the Warrants or Preferred Stock, as the case may be, is not listed or
admitted to trading on any national securities exchange, as reported on Nasdaq
National Market or, if the Warrants or Stock, as the case may be, is not listed
or admitted to trading on the Nasdaq National Market, as reported on Nasdaq.

              Section 3.10 Notices to Warrantholders. Upon any adjustment of the
number of Shares purchasable upon exercise of each Warrant, the Warrant Price or
the number of Warrants outstanding, the Company within 20 calendar days
thereafter shall (i) cause to be filed with the Warrant Agent a certificate of a
firm of independent public accountants of recognized standing selected by the
Company (who may be the regular auditors of the Company) setting forth the
Warrant Price and either the number of Shares purchasable upon exercise of each
Warrant or the additional number of Warrants to be issued for each previously
outstanding Warrant, as the case may be, after such adjustment and setting forth
in reasonable detail the method of calculation and the facts upon which such
adjustment was made, which certificate shall be conclusive evidence of the
correctness of the matters set forth therein, and (ii) cause to be given to each
of the registered holders of the Warrant Certificates at such holder's address
appearing on the Warrant Register written notice of such adjustments by first
class mail, postage prepaid. Where appropriate, such notice may be given in
advance and included as part of the notice required to be mailed under the other
provisions of this Section 3.10.

                                       17
<PAGE>

              The Company shall cause written notice of any later Distribution
Date, any later Expiration Date, any Call Price, Call Date and Call Terms and
any Reduced Exercise Price and Reduced Exercise Price Period, as the case may
be, to be given as soon as practicable to the Warrant Agent and to each of the
registered holders of the Warrant Certificates by first class mail, postage
prepaid, at such holder's address appearing on the Warrant Register. In addition
to the written notice referred to in the preceding sentence, the Company shall
make a public announcement in a daily morning newspaper of general circulation
in New York City of such earlier Distribution Date, such later Expiration Date,
such Call Price, Call Date and Call Terms and such Reduced Exercise Price and
Reduced Exercise Price Period, as the case may be, at least once prior to the
implementation of such terms.

              If:

              (a) the Company shall declare any dividend payable in any
         securities upon its shares of Preferred Stock or make any distribution
         (other than a cash dividend) to the holders of is shares of Preferred
         Stock, or

              (b) the Company shall offer to the holders of its shares of
         Preferred Stock any additional shares of Preferred Stock or securities
         convertible into shares of Preferred Stock or any right to subscribe
         thereto, or

              (c) there shall be a dissolution, liquidation or winding up of the
         Company (other than in connection with a consolidation, merger or sale
         of all or substantially all of its property, assets and business as an
         entirety),

                                       18
<PAGE>

              the Company shall cause written notice of such event to be filed
with the Warrant Agent and shall cause written notice of such event to be given
to each of the registered holders of the Warrant Certificates as such holder's
address appearing on the Warrant Register, by first class mail, postage prepaid,
and make a public announcement in a daily newspaper of general circulation in
New York City of such event, such giving of notice and publication to be
completed at least 10 calendar days (or 20 calendar days in any case specified
in clause (c) above) prior to the date fixed as a record date or the date of
closing the transfer books for the determination of the stockholders entitled to
such dividend, distribution or subscription rights, or for the determination of
stockholders entitled to vote on such proposed dissolution, liquidation or
winding up. Such notice shall specify such record date or the date of closing
the transfer books, as the case may be. The failure to give the notice required
by this Section 3.10 or any defect therein shall not affect the legality or
validity of any distribution, right, warrant, dissolution, liquidation or
winding up or the vote upon or any other action taken in connection therewith.

                                   Article 4

                  Exchange and Transfer of Warrant Certificates

              Section 4.1 Exchange and Transfer. Upon surrender at the corporate
trust office of the Warrant Agent, Warrant Certificates evidencing Warrants may
be exchanged for Warrant Certificates in other denominations evidencing such
Warrants and the transfer of Warrants may be registered in whole or in part;
provided that such other Warrant Certificates shall evidence the same aggregate
number of Warrants as the Warrant Certificates surrendered for exchange or
registration of transfer. The Warrant Agent shall keep, at its corporate trust
office, books in which it shall register Warrant Certificates and exchanges and
transfers of outstanding Warrant

                                       19
<PAGE>

Certificates, upon surrender of the Warrant Certificates to the Warrant Agent at
its corporate trust office for exchange or registration of transfer, properly
completed and duly endorsed and duly signed by the registered holder or holders
thereof or by the duly appointed legal representative thereof or by a duly
authorized attorney, such signature to be guaranteed (under the Medallion
Program) by (a) a bank or trust company, (b) a broker or dealer that is a member
of the Nasdaq or (c) a member of a national securities exchange and accompanied
by appropriate instruments of registration of transfer and written instructions
for transfer, all in form satisfactory to the Company [, the Co-Issuer] and the
Warrant Agent. No service charge shall be made for any exchange or registration
of transfer of Warrant Certificates, but the Company [and the Co-Issuer] may
require payment of a sum sufficient to cover any stamp or other tax or other
governmental charge that may be imposed in connection with any such exchange or
registration of transfer. Whenever any Warrant Certificates are surrendered for
exchange or registration of transfer, an authorized officer of the Warrant Agent
shall mutually countersign and deliver to the person or persons entitled thereto
a Warrant Certificate or Warrant Certificate duly authorized and executed by the
Company [and the Co-Issuer], as so requested. The Warrant Agent shall not be
required to effect any exchange or registration of transfer that will result in
the issuance of a Warrant Certificate evidencing a fraction of a Warrant or a
number of full Warrants and a fraction of a Warrant. All Warrant Certificates
issued upon any exchange or registration of transfer of Warrant Certificates
shall be the valid obligations of the Company [and the Co-Issuer], evidencing
the same obligations and entitled to the same benefits under this Agreement as
the Warrant Certificates surrendered for such exchange or registration of
transfer.

              Section 4.2 Treatment of Holders of Warrant Certificates. Every
holder of a Warrant Certificate, by accepting the same, consents and agrees with
the Company, [the Co-

                                       20
<PAGE>

Issuer,] the Warrant Agent and with every subsequent holder of such Warrant
Certificate that, until the transfer of the Warrant Certificate is registered on
the books of the Warrant Agent, the Company [, the Co-Issuer] and the Warrant
Agent may treat the registered holder as the absolute owner thereof for any
purpose and as the person entitled to exercise the rights represented by the
Warrants evidenced thereby, any notice to the contrary notwithstanding.

              Section 4.3 Cancellation of Warrant Certificates. Any Warrant
Certificate surrendered for exercise, registration of transfer or exchange
shall, if surrendered to the Company, be delivered to the Warrant Agent, and all
Warrant Certificates surrendered or so delivered to the Warrant Agent shall be
promptly canceled by the Warrant Agent and shall not be reissued and, except as
expressly permitted by this Agreement, no Warrant Certificate shall be issued
hereunder in lieu thereof. The Warrant Agent shall deliver to the Company from
time to time, or otherwise dispose of, canceled Warrant Certificates in manner
satisfactory to the Company [and the Co-Issuer].

                                   Article 5

                          Concerning the Warrant Agent

              Section 5.1 Warrant Agent. The Company [and the Co-Issuer] hereby
appoint[s] the Warrant Agent as the Warrant Agent of the Company [and the
Co-Issuer] in respect of the Warrant Certificates upon the terms and subject to
the conditions herein set forth, and the Warrant Agent hereby accepts such
appointment. The Warrant Agent shall have the powers and authority granted to
and conferred upon it in the Warrant Certificates and by this Agreement, and
such further powers and authority to act on behalf of the Company [and the
Co-Issuer] as the Company [and the Co-Issuer, respectively,] may hereafter grant
to or confer upon it. All of the

                                       21
<PAGE>

terms and provisions with respect to such powers and authority contained in the
Warrant Certificates are subject to and governed by the terms and provisions
hereof.

              Section 5.2 Conditions of Warrant Agent's Obligations. The Warrant
Agent accepts its obligations herein set forth upon the terms and conditions
hereof, including the following (to all of which the Company [and the Co-Issuer]
agree[s] and to all of which the rights hereunder of the holders from time to
time of the Warrant Certificates shall be subject):

              (a) Performance by the Company [and the Co-Issuer]. The Company
         [and the Co-Issuer each] agree[s] that it will take any corporate
         action that may be reasonably necessary in order to fulfill its
         obligations under this Agreement, and the Warrant Certificates, and
         that it will not take any action that would materially impair its
         ability to perform its obligations under this Agreement and the Warrant
         Certificates.

              (b) Compensation and Indemnification. The Company [and the
         Co-Issuer] agree[s] promptly to pay the Warrant Agent the compensation
         to be agreed upon with the Company [and the Co-Issuer] for all services
         rendered by the Warrant Agent and to reimburse the Warrant Agent for
         reasonable out-of-pocket expenses (including reasonable counsel fees)
         incurred by the Warrant Agent in connection with the services rendered
         hereunder by the Warrant Agent. The Company [and the Co-Issuer] also
         agree[s] to indemnify the Warrant Agent, and to hold it harmless
         against, any loss, liability or expense incurred without negligence or
         bad faith on the part of the Warrant Agent, arising out of or in
         connection with its acting as the Warrant Agent hereunder, as well as
         the reasonable costs and expenses of defending against any claim of
         liability in the premises.

                                       22
<PAGE>

              (c) Agent for the Company [and the Co-Issuer]. In acting under
         this Warrant Agreement and in connection with the Warrant Certificates,
         the Warrant Agent is acting solely as an agent of the Company [and the
         Co-Issuer], and the Warrant Agent does not assume any obligation or
         relationship of agency or trust for or with any of the owners or
         holders of the Warrant Certificates.

              (d) Counsel. The Warrant Agent may consult with counsel
         satisfactory to it, and the opinion of such counsel shall be full and
         complete authorization and protection in respect of any action taken,
         suffered or omitted by it hereunder in good faith and in accordance
         with the opinion of such counsel.

              (e) Documents. The Warrant Agent shall be protected and shall
         incur no liability for or in respect of any action taken or thing
         suffered by it in reliance upon any Warrant Certificate, notice,
         direction, consent, certificate, affidavit, statement or other paper or
         document reasonably believed by it to be genuine and to have been
         presented or signed by the proper parties.

              (f) Certain Transactions. The Warrant Agent and its officers,
         directors and employees may buy, sell or deal in any of the Shares or
         other securities of the Company [and the Co-Issuer] and may become the
         owner of, or acquire any interest in, any Warrant Certificates, with
         the same rights that it or they would have if it were not the Warrant
         Agent hereunder, and, to the extent permitted by applicable law, they
         may engage or be interested in any financial or other transaction with
         the Company [and the Co-Issuer] and may act on, or as depositary,
         trustee or agent for, any committee or body of holders of the

                                       23
<PAGE>

         Shares or other obligations of the Company [and the Co-Issuer] as
         freely as if it were not the Warrant Agent.

              (g) No Liability for Interest. Except as set forth in the Warrant
         Agreement, the Warrant Agent shall not be under any liability for
         interest on any moneys or other consideration at any time received by
         it pursuant to any of the provisions of this Agreement or of the
         Warrant Certificates.

              (h) No Liability for Invalidity. The Warrant Agent shall not incur
         any liability with respect to the validity of this Agreement or any of
         the Warrant Certificates.

              (i) No Responsibility for Representations. The Warrant Agent shall
         not be responsible for any of the recitals or representations contained
         herein or in the Warrant Certificates (except the Warrant Agent shall
         be responsible for any representations of the Warrant Agent herein and
         for its countersignature on the Warrant Certificates), all of which are
         made solely by the Company [or the Co-Issuer, as the case may be].

              (j) No Implied Obligations. The Warrant Agent shall be obligated
         to perform such duties as are herein and in the Warrant Certificates
         specifically set forth, but no implied duties or obligations shall be
         read into this Agreement or the Warrant Certificates against the
         Warrant Agent. The Warrant Agent shall not be under any obligation to
         take any action hereunder which may tend to involve it in any expense
         or liability, the payment of which within a reasonable time is not, in
         its reasonable opinion, assured to it. The Warrant Agent shall not be
         accountable or under any duty or responsibility for the use by the
         Company of any of the Warrant Certificates authenticated by the Warrant
         Agent and delivered by it to the Company pursuant to this Agreement or
         for the

                                       24
<PAGE>

         application or by the Company [and the Co-Issuer] of the proceeds of
         the Warrant Certificates. The Warrant Agent shall have no duty or
         responsibility in case of any default by the Company [of the Co-Issuer]
         in the performance of its covenants or agreements contained in the
         Warrant Certificates or in the case of the receipt of any written
         demand from a holder or a Warrant Certificate with respect to such
         default, including any duty or responsibility to initiate or attempt to
         initiate any proceedings at law or otherwise or to make any demands
         upon the Company [or the Co-Issuer].

              (k) Instructions. The Warrant Agent is hereby authorized and
         directed to accept instructions with respect to the performance of its
         duties hereunder from the Chairman of the Board, the Chief Executive
         Officer, the President, any Vice President, the Treasurer, the
         Secretary or any Assistant Secretary of the Company [and the Co-Issuer,
         respectively], and to apply to such officers for advice or instructions
         in connection with its duties, and shall not be liable for any action
         taken or suffered to be taken by it in good faith in accordance with
         instructions of any such officer or in good faith reliance upon any
         statement signed by any one of such officer of the Company [or of the
         Co-Issuer] with respect to any fact or matter (unless other evidence in
         respect thereof is herein specifically prescribed) which may be deemed
         to be conclusively proved and established by such signed statement.

              Section 5.3 Registration and Appointment of Successor Warrant
         Agent.

              (a) The Company [and the Co-Issuer] agree, for the benefit of the
holders from time to time of the Warrant Certificates, that at all times there
shall be a Warrant Agent hereunder until all the Warrant Certificates are no
longer exercisable.

                                       25
<PAGE>

              (b) The Warrant Agent may at any time resign as such agent by
giving written notice to the Company [and the Co-Issuer] of such intention on
its part, specifying the date on which its desired resignation shall become
effective; provided that such date shall not be less than 60 days after the date
on which such notice is given unless the Company [and the Co-Issuer] agree[s] to
accept less notice. The Warrant Agent may be removed at any time by the filing
with it of an instrument in writing signed by or on behalf of the Company [and
the Co-Issuer] and specifying such removal and the date when it shall become
effective. Such resignation or removal shall take effect upon the appointment by
the Company [and the Co-Issuer], as hereinafter provided, of a successor Warrant
Agent (which shall be a bank or trust company organized and doing business under
the laws of the United States of America or of any State, in good standing, and
authorized under such laws to exercise corporate trust powers) and the
acceptance of such appointment by such successor Warrant Agent. Upon its
resignation or removal, the Warrant Agent shall be entitled to the payment by
the Company [and the Co-Issuer] of the compensation agreed to under Section
5.2(b) hereof for, and to the reimbursement of all reasonable out-of-pocket
expenses incurred in connection with, the services rendered hereunder by the
Warrant Agent.

              (c) If at any time the Warrant Agent shall resign, or shall be
removed, or shall become incapable of acting, or shall be adjudged bankrupt or
insolvent, or shall file a petition seeking relief under the Federal Bankruptcy
Code, as now constituted or hereafter amended, or under any other applicable
federal or state bankruptcy law or similar law or make an assignment for the
benefit of its creditors or consent to the appointment of a receiver or
custodian of all or any substantial part of its property, or shall admit in
writing its inability to pay or meet its debts as they mature, or if a receiver
or custodian of it or of all or any substantial part of its property

                                       26
<PAGE>

shall be appointed, or if an order of any court shall be entered for relief
against it under the Federal Bankruptcy Code, as now constituted or hereafter
amended, or under any other applicable federal or state bankruptcy or similar
law or if any public officer shall have taken charge or control of the Warrant
Agent or of its property or affairs, for the purpose of rehabilitation,
conservation or liquidation, a successor Warrant Agent, qualified in accordance
with the terms of this Agreement, shall be appointed by the Company [and the
Co-Issuer] by an instrument in writing, filed with the successor Warrant Agent.
Upon the appointment of a successor Warrant Agent and acceptance by the latter
of such appointment, the Warrant Agent so superseded shall cease to be the
Warrant Agent hereunder.

              (d) Any successor Warrant Agent appointed hereunder shall execute,
acknowledge and deliver to its predecessor and to the Company [and the
Co-Issuer] an instrument accepting such appointment hereunder, and thereupon
such successor Warrant Agent, without any further act, deed or conveyance, shall
become vested with all the authority, rights, powers, trusts, immunities, duties
and obligations of such predecessor with like effect as if originally named as
Warrant Agent hereunder, and such predecessor, upon payment of its charges and
disbursements then unpaid, shall thereupon become obligated to transfer, deliver
and pay over, and such successor Warrant Agent shall be entitled to receive, all
moneys, securities and other property on deposit with or held by such
predecessor, as Warrant Agent hereunder.

              (e) Any corporation into which the Warrant Agent hereunder may be
merged or converted or any corporation with which the Warrant Agent may be
consolidated, or any corporation resulting from any merger, conversion or
consolidation to which the Warrant Agent shall be a party, or any corporation to
which the Warrant agent shall sell or otherwise transfer all or substantially
all the assets and business of the Warrant Agent, provided that is shall be

                                       27
<PAGE>

qualified as aforesaid, shall be the successor Warrant Agent under this
Agreement without the execution or filing of any paper or any further act on the
part of the parties hereto.

                                    Article 6

                                  Miscellaneous

              Section 6.1 Supplements and Amendments. This Agreement may be
amended or supplemented from time to time by the parties hereto, without the
consent of the holder of any Warrant Certificate, for the purpose of curing any
ambiguity, or of curing, correcting or supplementing any defective provision
contained herein, or in regard to matters or questions arising under this
Agreement as the Company [, the Co-Issuer] and the Warrant Agent may deem
necessary or desirable, provided such action shall not adversely affect the
interest of the holders of the Warrant Certificates.

              Section 6.2 Notices and Demands to the Company and Warrant Agent.
If the Warrant Agent shall receive any notice or demand addressed to the Company
[or the Co-Issuer] by the holder of a Warrant Certificate pursuant to the
provisions of the Warrant Certificates, the Warrant Agent shall promptly forward
such notice or demand to the Company [or the Co-Issuer, as applicable].

              Section 6.3 Addresses. Any communication to the Warrant Agent with
respect to this Agreement shall be addressed to the address set forth in the
Warrant Agreement, and any such communication to the Company [and the Co-Issuer]
shall be addressed to the Company at the following address:

                                       28
<PAGE>

              Viacom Inc.
              [or Viacom International Inc.]
              1515 Broadway
              New York, New York 10036
              Attention: [      ]

or such other address as shall be specified in writing by the Warrant Agent or
by the Company [or the Co-Issuer].

              Section 6.4 Delivery of Prospectus. If the Company [and the
Co-Issuer] [are/is] required under applicable federal or state securities laws
to deliver a prospectus upon exercise of Warrants, the Company [and the
Co-Issuer] will furnish to the Warrant Agent sufficient copies of a prospectus,
and the Warrant Agent agrees that upon the exercise of any Warrant Certificate
by the holder thereof, the Warrant Agent will deliver to such holder, prior to
or concurrently with the delivery of the Shares issued upon such exercise, a
copy of the prospectus.

              Section 6.5 Obtaining of Governmental Approvals. The Company [and
the Co-Issuer] will from time to time take all action that may be necessary to
obtain and keep effective any and all permits, consents and approvals of
governmental agencies and authorities and securities acts filings under federal
and state laws, which may be or become requisite in connection with the
issuance, sale, transfer and delivery of the Warrant Certificates, the exercise
of the Warrants, and the issuance, sale, transfer and delivery of the Shares
issued upon exercise of the Warrants or upon the expiration of the period during
which the Warrants are exercisable.

              Section 6.6 Persons Having Rights under Warrant Agreement. Nothing
in this Agreement is intended, or shall be construed, to confer upon, or give
to, any person or corporation other than the Company, [the Co-Issuer,] the
Warrant Agent and the holders of the Warrant Certificates, any right, remedy or
claim under or by reason of this Agreement or of any covenant, condition,
stipulation, promise or agreement hereof. All covenants, conditions,

                                       29
<PAGE>

stipulations, promises and agreements contained in this Agreement shall be for
the sole and exclusive benefit of the Company, [the Co-Issuer,] the Warrant
Agent and their successors and of the holders of the Warrant Certificates.

              Section 6.7 Headings. The descriptive headings of the several
Articles and Sections of this Agreement are inserted for convenience only and
shall not control or affect the meaning or construction of any of the provisions
hereof.

              Section 6.8 Counterparts. This Agreement may be executed in any
number of counterparts, each of which shall be an original, but such
counterparts shall together constitute but one and the same instrument.

              Section 6.9 Inspection of Agreement. A copy of this Agreement
shall be available at all reasonable times at the principal corporate trust
office of the Warrant Agent for inspection by the holder of any Warrant
Certificate. The Warrant Agent may require such holder to submit his Warrant
Certificate for inspection by it.

              Section 6.10 Governing Law. This Agreement and each Warrant
Certificate issued hereunder shall be deemed to be a contract made under the
laws of the State of New York and for all purposes shall be construed in
accordance with the laws of such State.

              Section 6.11 Successors. All the covenants and provisions of this
Agreement by or for the benefit of the Company [, the Co-Issuer] or the Warrant
Agent shall bind and inure to the benefit of their respective successors and
assigns hereunder.

                                       30
<PAGE>

              Section 6.12 Termination. This Agreement shall terminate at the
close of business on the Expiration Date. Notwithstanding the foregoing, this
Agreement will terminate on any earlier date when the Warrants have been
exercised.

                                       31EXHIBIT 4.5

                                   VIACOM INC.

                          [VIACOM INTERNATIONAL INC.] *

                                       AND

                 ---------------------------------------------,

                                  Warrant Agent

                             DEBT WARRANT AGREEMENT

                          Providing for the Issuance of

                    % Notes/Debentures Due Purchase Warrants

                         Dated as of ____________, 20__

------------------------
*        If Viacom International is a co-issuer, add the language in brackets
         relating to Viacom International co-issuing the Warrants.

<PAGE>

                             DEBT WARRANT AGREEMENT

              THIS DEBT WARRANT AGREEMENT is entered into as of , 20__ between
Viacom Inc., a corporation incorporated under the laws of Delaware (the
"Company") [, Viacom International, Inc., a corporation incorporated under the
laws of Delaware, (the "Co-Issuer")] and _____________________, a ________
incorporated under the laws of ____________ (the "Agent").

                              W I T N E S S E T H:

              WHEREAS, the Company proposes to issue ____ Warrants, each Warrant
entitling the registered owner thereof to purchase ___% Notes/Debentures Due
_______ of the Company [, which Notes/Debentures will be guaranteed by the
Co-Issuer] (the "Debt Securities"), which will be issued pursuant to the
Indenture, at the price and upon the terms and conditions herein set forth; and

              WHEREAS, the Company is duly authorized to issue the Warrants as
provided in this Agreement; and

              WHEREAS, all things necessary have been done and performed to make
the Warrants when duly authenticated by the Agent and issued as in this
Agreement provided legal and valid and binding upon the Company with the
benefits and subject to the terms of this Agreement.

              WHEREAS, the Co-Issuer proposes to co-issue the Warrants; and
WHEREAS, the Co-Issuer is duly authorized to issue the Warrants as provided in
this Agreement; and WHEREAS, all things necessary have been done and performed
to make the Warrants when duly authenticated by the Agent and issued as in this
Agreement provided legal and valid and binding upon the Co-Issuer with the
benefits and subject to the terms of this Agreement.] NOW, THEREFORE, THIS
AGREEMENT WITNESSETH that for good and valuable consideration mutually given and
received, the receipt and sufficiency whereof is hereby acknowledged, it is
hereby agreed and declared as follows:

                                   Article I
                                  DEFINITIONS

              SECTION 1.1. Definitions. Except as otherwise expressly provided
or unless the context otherwise requires, the terms defined in this Section 1.1
shall for all purposes of this Agreement, have the meanings herein specified,
the following definitions to be equally applicable to both the singular and
plural forms of any of the terms herein defined:

<PAGE>

              The term "Agent" shall mean _____________, a _________
     incorporated under the laws of ____________ or its lawful successors from
     time to time appointed in accordance with this Agreement.

              The term "Agreement" shall mean this Debt Warrant Agreement
     between the Company and the Agent, as such agreement is originally executed
     or as it may from time to time be supplemented, modified or amended as
     provided herein.

              The term "Business Day" shall mean any day which is not a Saturday
     or Sunday or which in the City of New York or ____________ is neither a
     legal holiday nor a day on which banking institutions are authorized by law
     or regulation to close.

              The term "Co-Issuer" shall mean Viacom International Inc., a
     Delaware corporation, the guarantor of the Debt Securities to be issued
     upon exercise of the Warrants, until a successor entity shall have become
     such pursuant to the applicable provisions of this Agreement and thereafter
     the term "Co-Issuer" shall mean such successor entity.

              The term "Company" shall mean Viacom, Inc., a Delaware
     corporation, until a successor entity shall have become such pursuant to
     the applicable provisions of this Agreement and thereafter the term
     "Company" shall mean such successor entity.

              The term "Debt Securities" means any or all, as the case may be,
     of the Company's ___% Notes/Debentures Due ___________, [fully and
     unconditionally guaranteed by the Co-Issuer] authenticated and delivered as
     provided in the Indenture.

              The term "Event of Default" shall mean any event specified as such
     in Section 6.1 hereof. An Event of Default shall "exist" if an Event of
     Default shall have occurred and be continuing.

              The term "Exercise Date" shall mean each date during the Exercise
     Period on which [Notes/Debentures] are purchased by a Registered Owner
     through the exercise of all or a portion of its Warrants.

              The term "Exercise Form" shall mean the form designated Exercise
     Form attached as Annex II to each Warrant.

              The term "Exercise Period" shall mean the period commencing at
     9:00 A.M. ( -------------- time) on _____________, 20__ and ending at 4:00
     P.M. (___________ time) on _____________, _____.

              The term "Exercise Price" shall have the meaning accorded such
     term in Section 2.1 of this Agreement.

              The term "Guarantee" or "Guarantees" shall mean the guarantees
     relating to the Debt Securities to be issued by Viacom International Inc.
     as provided in the Indenture.

                                       2
<PAGE>

              The term "Indenture" shall mean that certain Indenture dated as of
     ___________ between the Company and ___________, as trustee, as such
     Indenture was originally executed or as it may from time to time be
     supplemented, modified or amended in accordance with the terms thereof.

              The term "Notice of Intent to Exercise" shall have the meaning
     accorded thereto in Section 4.1 of this Agreement. The form of Notice of
     Intent to Exercise is attached as Annex I to each Warrant.

              The term "Outstanding" when used with reference to the Warrants
     shall mean, as of the date of determination, all Warrants theretofore
     authenticated and delivered under this Agreement, except:

                          (a) Warrants theretofore canceled by the Agent or
                    delivered to the Agent for cancelation and

                          (b) Warrants in exchange for or in lieu of which other
                    Warrants shall have been authenticated and delivered under
                    this Agreement.

              The term "Person" shall mean an individual, a corporation, a
     partnership, a joint venture, an association, a joint stock company, a
     trust, an unincorporated organization, or a government or any agency,
     authority or political subdivision thereof.

              The term "Register" shall mean the books for the registration and
     transfer of Warrants which books are kept by the Agent pursuant to Section
     3.1 hereof.

              The term "Time of Expiry" means 4:00 p.m., _________ time, on
     ____________, 20__.

              The term "Warrantholders" or "Registered Owners" means the persons
     from time to time who are Registered Owners of the Warrants.

              The term "Warrantholders' Request" means an instrument signed in
     one or more counterparts by the Warrantholders entitled to purchase in the
     aggregate not less than a majority of the aggregate principal amount of
     Debt Securities which could be purchased pursuant to all Warrants then
     Outstanding requesting the Agent to take some action or proceeding
     specified therein.

              The term "Warrants" means the ___% Notes/ Debentures Due 20__
     Purchase Warrants issued hereunder pursuant to which Warrantholders have
     the right to purchase the Debt Securities on the terms and conditions
     herein set forth.

              The term "Written Order of the Company [and the Co-Issuer]" and
     "Written Consent of the Company [and the Co-Issuer]" mean, respectively, a
     written order or consent signed in the name of the Company [and the
     Co-Issuer] by any one of its officers and may consist of one or more
     instruments so executed.

                                       3
<PAGE>

                                   Article II
                              ISSUANCE OF WARRANTS

              SECTION 2.1. Issuance And Terms Of Warrants. The issuance of
Warrants entitling the Registered Owners thereof to purchase up to an aggregate
of not more than [U.S. $/Specified Currency]_______ in principal amount of the
Debt Securities is hereby authorized. The Warrants are hereby designated as the
"Notes/Debentures Due Purchase Warrants." The Warrants shall be delivered by the
Company to the Agent to be authenticated by the Agent and delivered in
accordance with the Written Order of the Company [and the Co-Issuer]. The
Warrants shall be dated , 20__ and shall be issuable in fully registered form
and in denominations that permit the purchase upon exercise of [U.S. $/Specified
Currency]_______ principal amount of Debt Securities and any integral multiples
thereof.

              The Warrants shall be exercisable on any Business Day during the
Exercise Period. Each Warrant in the denomination of [U.S. $/Specified Currency]
shall entitle the Registered Owner thereof to exercise such Warrant in
accordance with and pursuant to the terms thereof for the purchase of a Debt
Security in the principal amount of [U.S. $/Specified Currency] at par plus
interest accrued thereon from _______________, _______, _____ [the payment of
which will be fully and unconditionally guaranteed by the Co-Issuer] to but not
including, the Exercise Date (the "Exercise Price").

              SECTION 2.2. Form of Warrants. The Warrants shall be in
substantially the form set out in this Section 2.2, with such additional
provisions, omissions, variations or substitutions as are not inconsistent with
the provisions of this Agreement. The Warrants may have such letters, numbers or
other marks of identification and such legends or endorsements placed thereon as
may, consistent herewith, be determined by the officer executing such Warrants
as evidenced by such officer's execution thereof.

                                FORM OF WARRANT

              Number R-W-___ _____ Warrant(s) Representing Right to Purchase Up
to [U.S. $/Specified Currency] ________ in Aggregate Principal Amount of ___%
Notes/Debentures Due .

              This Warrant expires at 4:00 p.m. (_______ time) on [________,
_________] and thereafter will be void and of no value. Notice of the holder's
intent to exercise this Warrant must be given to ________________, as Agent not
later than 4:00 P.M. (________ time) [____________, _____].

           VIACOM INC. [and VIACOM INTERNATIONAL INC. (as Co-Issuer)]

                        [NOTE/DEBENTURE] PURCHASE WARRANT

              THIS CERTIFIES THAT, for value received, ____________, the
Registered Owner hereof (herein sometimes called the "Warrantholder") is
entitled, upon and subject to the terms and conditions set forth herein and in
the Debt Warrant Agreement (the "Warrant Agreement") dated as of ___________,
____, ____ between Viacom Inc. (the "Company"), [Viacom International Inc. (the
"Co-Issuer")] and ______________, as Agent, (the "Agent"), to

                                       4
<PAGE>

purchase at par plus interest accrued thereon, if any, at any time from 9:00
A.M. (___________ time) [____________, _____] to 4:00 P.M. (________ time)
[________________, _____], inclusive (each such date being referred to as an
"Exercise Date") up to [U.S. $/Specified Currency] ___________ in aggregate
principal amount of ___% Notes/Debentures Due ____ of the Company [, the payment
of which shall be fully and unconditionally guaranteed by the Co-Issuer] (the
"Debt Securities"), by providing written notice to the Agent of the
Warrantholder's intention to exercise its right to purchase provided for herein
specifying the number of Warrants which the Warrantholder wishes to exercise,
such notice to be provided in the notice form annexed hereto as Annex II not
earlier than 9:00 A.M. (________ time)on [_________________, ____] and not later
than 4:00 P.M. (___________ time) [____________, ___], and by surrendering to
the Agent at its principal office in _____________, ___________ on any Exercise
Date, this Warrant, with the Exercise Form on which this Warrant is exercised,
the Debt Securities will be delivered as described below against payment
therefor in [U.S. Federal Reserve or other United States/Specified Currency]
funds current and immediately available to the Agent at the amount designated in
the Warrant Agreement, in each case in an amount equal to the purchase price of
the Debt Securities so purchased pursuant to the exercise of this Warrant.

              This Warrant is one of a duly authorized issue of warrants issued
under the provisions of the Warrant Agreement. Reference is hereby made for
particulars of the rights of the Warrantholders and of the Company [and
Co-Issuer] in respect thereof and the terms and conditions upon which the
Warrants are issue and held, all to the sole effect as if the provisions of the
Warrant Agreement were herein set forth, to all of which the Warrantholder by
acceptance hereof assents. The Company will furnish to the Warrantholder, upon
written request and without charge, a copy of the Warrant Agreement. All
capitalized terms not otherwise defined herein, shall have the meanings ascribed
thereto in the Warrant Agreement.

              The Debt Securities purchased pursuant to the exercise of this
Warrant will be mailed by certified mail return receipt requested to the person
specified in the Exercise Form annexed hereto at its address specified therein
or, if so specified in the Exercise Form, delivered to such person or its agent
at the principal office of the Agent in ______________ on the Exercise Date.

              If Debt Securities are purchased in an aggregate principal amount
which is less than the total principal amount of the Debt Securities that can be
purchased pursuant to this Warrant, the Warrantholder hereof will be entitled to
receive without charge a new Warrant in respect of the balance of the principal
amounts of Debt Securities which the Registered Owner hereof was entitled to
purchase under the surrendered Warrant and which were not then purchased.

              On presentation at the principal office of the Agent in
______________ subject to the provisions of the Warrant Agreement, one or more
Warrants may be exchanged for one or more Warrants entitling the Warrantholder
to purchase an equal aggregate principal amount of Debt Securities as may be
purchased under the Warrant or Warrants so exchanged. Nothing contained in this
Warrant, the Warrant Agreement or elsewhere shall be construed as conferring
upon the Warrantholder hereof any right or interest whatsoever as an owner of
Debt Securities or any other right or interest in respect thereof except as
herein and in the Warrant Agreement expressly provided.

                                       5
<PAGE>

              This Warrant is registered on the books of the Company and is
transferable only in accordance with the provisions of the Warrant Agreement by
surrender thereof at the principal office of the Agent duly endorsed or
accompanied by a written instrument of transfer duly executed by the Registered
Owner of this Warrant or its attorney duly authorized in writing all in
accordance with the terms and provisions of the Warrant Agreement.

              This Warrant and the Warrant Agreement are governed by and
construed in accordance with the laws of [New York].

              IN WITNESS WHEREOF the Company [and the Co-Issuer] has caused this
Warrant to be duly executed as of _________________, ___.

                            VIACOM INC.

                            By
                              -------------------------------------------------
                                 Name:
                                 Title:

                            [VIACOM INTERNATIONAL INC.

                            By
                               ------------------------------------------------
                                 Name:
                                 Title:]

                                       6
<PAGE>

                          Certificate of Authentication

This is one of the Warrants described in the within-mentioned Warrant Agreement

______________________, as Agent

By
   --------------------------------------
          Authorized Officer

                                       7
<PAGE>

                     ANNEX I - NOTICE OF INTENT TO EXERCISE

         TO:

              The undersigned Warrantholder of _____ Warrants evidenced by
Warrant Number (the "Warrant") hereby notifies you pursuant to Section 4.1 of
the Debt Warrant Agreement dated as of , (the "Warrant Agreement") between
Viacom Inc. (the "Company") [, Viacom International Inc. (the "Co-Issuer")] and
[___________, the undersigned], of the undersigned's intention to exercise
_______ of such Warrants on ____________, ____ ) (the "Exercise Date") to
purchase [U.S. $/Specified Currency] ________________ in aggregate principal
amount of the Company's ___% Notes/Debentures Due __________________ [ the
payment of which shall be fully and unconditionally guaranteed by the Co-Issuer]
(the "Debt Securities") at par plus interest accrued, if any, from and after
[___________, _____]. The purchase price shall be a total of [U.S. $/Specified
Currency] __________ representing [U.S. $/Specified Currency] _______ in
principal and [U.S. $/Specified Currency] in accrued interest.

              The Warrant with the Exercise Form duly completed shall be
delivered to the Agent at its principal office in ________________, ________.
Payment of the purchase price of the Debt Securities shall be made in [U.S.
Federal Reserve or other United States/Specified Currency funds] immediately
available at the principal office of the Agent on the Exercise Date. The
undersigned shall direct such Debt Securities be registered and delivered in the
name(s) and the amount(s) set forth opposite the undersigned's name on Annex II
to the Warrant.

              DATED this _____ day of ____________, ____.

                                    [NAME OF WARRANTHOLDER]

                                    By
                                       ----------------------------------------

                                       8
<PAGE>

                            ANNEX II - EXERCISE FORM

         TO:

              The undersigned Warrantholder of ______ Warrants evidenced by the
Warrant attached hereto hereby exercises on _____________, ____ (the "Exercise
Date") Warrants to purchase [U.S. $/Specified Currency] _______ in aggregate
principal amount of Viacom Inc.'s ___% Notes/Debentures Due ____________ [ the
payment of which shall be fully and unconditionally guaranteed by Viacom
International Inc.] (the "Debt Securities") at par plus $______ in accrued
interest on the Debt Securities from [_________________, ___], and agrees to
transfer on the Exercise Date in [U.S. $/Specified Currency] funds immediately
available to the Agent (at [account]) such purchase price of the Debt Securities
all in accordance with the terms and conditions of the Debt Warrant Agreement
dated as of ____________, ____ (the "Warrant Agreement") between Viacom Inc. [,
Viacom International Inc.] and [____________________], as Agent. The undersigned
hereby irrevocably directs that such Debt Securities be registered and delivered
in accordance with the directions set forth herein.

              The undersigned acknowledges that all taxes or other governmental
charges payable upon the registration and delivery of such Debt Securities
(other than in connection with each original issue and sale of the Debt
Securities), including any transfer taxes payable if the Debt Securities are to
be registered in the name of a person or persons other than the undersigned
Warrantholder, must be paid by the undersigned.

              DATED this _________ day of _____________, ___.

                                  [NAME OF WARRANTHOLDER]

                                  By
                                     -----------------------------------------

Please check box if Debt Securities are to be delivered at the offices of on the
Exercise Date, failing which the Debt Securities will be mailed by certified
mail return receipt requested.

Unless the foregoing box is checked, the Debt Securities shall be delivered to
the Warrantholder at its address set forth in the Register.

                                       9
<PAGE>

              SECTION 2.3. Warrants Mutilated, Lost, Destroyed or Stolen
Warrants. If (i) any mutilated Warrant is surrendered to the Agent, or the
Company and the Agent receive evidence to their satisfaction of the destruction,
loss or theft of any Warrant and (ii) there is delivered to the Company [, the
Co-Issuer] and the Agent such security or indemnity as may be required by them
to save each of them harmless, then, in the absence of notice to the Company,
[the Co-Issuer] or the Agent that such Warrant has been acquired by a bona fide
purchaser, the Company [and the Co-Issuer] shall execute and upon its request
the Agent shall authenticate and deliver, in exchange for or in lieu of any such
mutilated, destroyed, lost or stolen Warrant, a new Warrant of the same
principal amount, bearing a number not contemporaneously Outstanding.

              Upon the issuance of any new Warrant under this Section 2.3, the
Company [and the Co-Issuer] may require the payment of a sum sufficient to cover
any tax or other governmental charge that may be imposed in relation thereto and
any other expenses connected therewith.

              Every new Warrant issued pursuant to this Section 2.3 in lieu of
any destroyed, lost or stolen Warrant shall constitute an original additional
contractual obligation of the Company [and the Co-Issuer], whether or not the
destroyed, lost or stolen Warrant shall be at any time enforceable by anyone,
and shall be entitled to all the security and benefits of this Agreement equally
and ratably with all other Outstanding Warrants.

              The provisions of this Section 2.3 are exclusive and shall
preclude (to the extent lawful) all other rights and remedies with respect to
the replacement or payment of mutilated, destroyed, lost or stolen Warrants.

              SECTION 2.4. Warrantholder Not a Registered Owner of the Debt
Securities. The ownership of a Warrant shall not constitute the Registered Owner
thereof an owner of any of the Debt Securities nor entitle the Registered Owner
to any right or interest [or guarantee payment] in respect thereof except upon
the exercise and surrender of its Warrants and the payment of the purchase price
of the Debt Securities in accordance with and pursuant to the terms herein
provided.

              SECTION 2.5. Warrants to Rank Pari Passu. All Warrants shall rank
pari passu with each other. ---------------------------

              SECTION 2.6. Execution of Warrants. The Warrants shall be signed
in the name and on behalf of the Company by one of its officers [and on behalf
of the Co-Issuer by one of its officers]. The signature of the officer[s]
executing the Warrants may be manual or facsimile. In case any officer of the
Company [or of the Co-Issuer] who shall have signed any of the Warrants
(manually or in facsimile) shall cease to be such officer before the Warrants so
signed shall have been authenticated and delivered by the Agent, such Warrants
nevertheless may be authenticated and delivered as though the Person who signed
such Warrants had not ceased to be such officer of the Company [or of the
Co-Issuer, as the case may be]. Also, any Warrant may be signed on behalf of the
Company [or the Co-Issuer] by such Persons as on the actual date of execution of
such Warrant shall be the proper officers of the Company [or the Co-

                                       10
<PAGE>

Issuer, as the case may be], although at the date of the execution of this
Agreement any such Person was not such officer.

              Only such of the Warrants as shall bear thereon a certificate of
authentication in substantially the form set forth in Section 2.2 hereof,
executed by the Agent, shall be entitled to the benefits of this Agreement or be
valid or obligatory for any purpose.

              SECTION 2.7. Purchase of Warrants by the Company. The Company may
purchase in the market, by private contracts or otherwise all or any portion of
the Warrants on such terms as the Company may determine.

                                  Article III
                      EXCHANGE OF WARRANTS; REGISTRATION OF
                 TRANSFER OF WARRANTS; NOTICE TO WARRANTHOLDERS

              SECTION 3.1. Register. The Agent, as agent of the Company [and the
Co-Issuer], shall maintain, at its principal office in ____________, ____, the
Register in which, subject to such reasonable regulations as it and the Company
[and the Co-Issuer] may prescribe, it shall provide for the registration of the
Warrants and the transfer of Warrants as in this Agreement provided. The
Register shall be in written form or in any other form capable of being
converted into written form within a reasonable time. The Registered Owners of
the Warrants shall present directly to the Agent all requests for (a)
registration of transfer of Warrants, (b) exchange of Warrants for new Warrants
in authorized denominations and (c) replacement of Warrants in the case of
mutilation, destruction, loss or theft.

              Upon the Company's request, the Agent shall furnish the Company
with a list of names and addresses of the Registered Owners showing the number
of such Warrants held by each Registered Owner.

              SECTION 3.2. Exchange of Warrants. Warrants entitling the
Registered Owner to purchase any specified principal amount of Debt Securities
may, upon compliance with the reasonable requirements of the Agent, be exchanged
for Warrants entitling the Registered Owner thereof to purchase an equal
aggregate principal amount of Debt Securities.

              Warrants may be exchanged only at the principal office of the
Agent in _______________, ___ or at any other place that is designated by the
Company. Any Warrants tendered for exchange shall be surrendered to the Agent
and canceled. The Company [and the Co-Issuer] shall execute all Warrants
necessary to carry out exchanges as aforesaid and such Warrants shall be
authenticated by the Agent.

              SECTION 3.3. Charges for Exchange. For each Warrant exchanged or
transferred, the Agent, except as otherwise herein provided, shall, if required
by the Company [or the Co-Issuer], charge a reasonable sum for each new Warrant
issued; and payment of such charges and reimbursement of the Agent or the
Company [and the Co-Issuer] for any taxes or governmental or other charges
required to be paid shall be made by the party requesting such exchange, as a
condition precedent thereto.

                                       11
<PAGE>

              SECTION 3.4. Registration of Transfer; Restrictions on Transfers.
No transfer of a Warrant shall be valid unless made at the principal offices of
the Agent in the ____________, __________ or at any other place that is
designated by the Company as an office for registration of transfer by the
Registered Owner or such Registered Owner's executors, administrators or other
legal representatives or attorney duly appointed by an instrument in writing in
form and execution satisfactory to the Agent and upon compliance with such
reasonable requirements as the Agent and the Company [and the Co-Issuer] may
prescribe. Any Warrants tendered for registration of transfer shall be
surrendered to the Agent.

              SECTION 3.5. Notice to Warrantholders. Unless herein otherwise
expressly provided, any notice to be given hereunder to Warrantholders shall be
deemed to be validly given if such notice is mailed to the last addresses of the
Warrantholders appearing on the Register. Any notice so given shall be deemed to
have been given on the day on which it has been mailed. In determining under any
provision hereof the date when notice of any meeting or other event must be
given, the date of giving notice shall be included and the date of the meeting
or other event shall be excluded.

                                   Article IV
                              EXERCISE OF WARRANTS

              SECTION 4.1. Method of Exercise of Warrants. The Registered Owner
of any Warrant may exercise the right thereby to purchase Debt Securities by
surrendering to the Agent on any Business Day during the Exercise Period at the
principal office of the Agent ___________, ___________, or at any other place or
places that may be designated by the Company [and the Co-Issuer]:

              (a) at least 3 Business Days prior to the exercise of its
     Warrants, a completed and executed Notice of Intent to Exercise in the form
     thereof set forth in Annex I to each Warrant (a "Notice of Intent to
     Exercise");

              (b) on the Exercise Date, a duly completed and executed Exercise
     Form in the form thereof set forth in Annex II to each Warrant;

              (c) on the Exercise Date, its Warrant or Warrants which it is
     exercising; and

              (d) on the Exercise Date, the Exercise Price in funds immediately
     available to the Company.

              The items described in the foregoing clauses (a) and (b) shall be
deemed received when an actual copy or a facsimile thereof is received by the
Agent. Each Warrant shall be deemed to be surrendered only upon personal
delivery thereof to or, if sent by mail or other means of transmission, upon
receipt thereof by, the Agent at the office specified in this Section 4.1. Each
Warrant shall be deemed exercised as of the first Business Day on which all of
the foregoing conditions are satisfied with respect to such Warrant. The first
day on which the Warrants may be exercised is ________________, ____________,
___. The Company [and the Co-Issuer] acknowledge[s] that the Registered Owners
of the Warrants are not required under any circumstances to take any other
actions in order to exercise their Warrants.

                                       12
<PAGE>

              SECTION 4.2. Effect of Exercise of Warrants. Upon surrender and
payment of the Exercise Price by the Registered Owner of any Warrant in
accordance with Section 4.1, the Debt Securities] so purchased shall be deemed
to have been issued and the person or persons to whom such Debt Securities] are
to be issued shall be deemed to have become the Registered Owner or owners of
such Debt Securities on the [Exercise Date].

              After the due exercise of a Warrant as aforesaid, the Company [and
the Co-Issuer] shall forthwith cause to be delivered to the person to whom the
Debt Securities] so purchased are to be issued at the address specified in such
form or, if so specified in such purchase form, cause to be delivered to such
person at the office where such Warrant was surrendered, a Debt Security or Debt
Securities] in the form or forms and in the denominations requested and for the
appropriate principal amount of Debt Securities] not exceeding the principal
amount which the Warrantholder is entitled to purchase pursuant to the Warrant
surrendered.

              SECTION 4.3. Partial Exercise of Warrants. Subject to the issuance
of Debt Securities] in authorized denominations only, the Registered Owner of
any Warrant may purchase Debt Securities] in a principal amount less than that
which such Registered Owner is entitled to purchase pursuant to the surrendered
Warrant. In the event of any purchase of a principal amount of Debt Securities]
less than the principal amount which can be purchased pursuant to a Warrant, the
Registered Owner thereof upon exercise thereof prior to the Time of Expiry
shall, in addition, be entitled to receive forthwith a new Warrant in respect of
the balance of the principal amount of Debt Securities] which such Registered
Owner was entitled to purchase pursuant to the surrendered Warrant and which
were not then exercised. The Company [and the Co-Issuer] shall not be
responsible for any taxes which may be payable in connection with the issuance
of such new Warrant.

              SECTION 4.4. Expiration of Warrants. After the Time of Expiry, all
rights under any Warrant in respect of which the right of purchase herein and
therein provided for shall not theretofore have been exercised pursuant to
Section 4.1 shall cease and terminate and such Warrant shall become void and of
no effect and all rights of the Registered Owner thereof under this Warrant
Agreement shall cease and terminate as of such termination; provided that such
Registered Owner's rights under this Warrant Agreement with respect to actions
occurring prior to such termination shall remain in full force. After the Time
of Expiry, each Registered Owner of any Warrants shall return any unexercised
Warrants to the Agent for cancelation in accordance with Section 4.5 of this
Agreement.

              SECTION 4.5. Cancellation of Surrendered Warrants. All Warrants
surrendered to the Agent pursuant to Sections 2.3, 3.2, 3.4 or 4.1 shall
forthwith be canceled by the Agent. All Warrants canceled or required to be
canceled under this or any other provision of this Agreement may be destroyed by
or under the direction of the Agent and the Agent shall furnish the Company with
a destruction certificate identifying the Warrants so destroyed and the
principal amount of Debt Securities] which could have been purchased pursuant to
each.

              SECTION 4.6. Accounting and Recording. The Agent shall forthwith
account and remit to the Company with respect to Warrants exercised and
immediately forward to the Company (or into an account or accounts of the
Company with the bank or trust company designated by the Company for that
purpose) all monies received by the Agent on the purchase

                                       13
<PAGE>

of Debt Securities] through the exercise of Warrants. All such monies, and any
Debt Securities] or other instruments, from time to time received by the Agent
shall be received in trust for, and shall be segregated and kept apart by the
Agent in trust for, the Company.

              The Agent shall record the particulars of the Warrants exercised
which shall include the names and addresses of the persons who become Registered
Owners of Debt Securities] on exercise, the Exercise Date, the Exercise Price
and the number of Debt Securities] reserved for that purpose by the Company. The
Agent shall provide such particulars in writing to the Company.

                                   Article V
                                   COVENANTS

              SECTION 5.1. Issuance of Debt Securities. The Company covenants
that so long as any Warrants remain Outstanding it will cause the Debt
Securities from time to time paid for pursuant to the Warrants in the manner
herein provided to be duly issued and delivered in accordance with the Warrants
and the terms hereof.

              SECTION 5.2. Corporate Existence of the Company; Consolidation,
Merger, Sale or Transfer. Each of the Company [and the Co-Issuer] covenants that
so long as any of the Warrants are Outstanding, it will maintain its existence,
will not dissolve, sell or otherwise dispose of all or substantially all of its
assets and will not consolidate with or merge into another entity or permit one
or more other entities to consolidate with or merge into it; provided that the
Company may, without violating the covenants in this Section 5.2 contained,
consolidate with or merge into another entity or permit one or more other
entities to consolidate with or merge into it, or sell or otherwise transfer to
another entity all or substantially all of its assets as an entirety and
thereafter dissolve, if: (i) immediately after such consolidation, merger, sale
or conveyance no Event of Default or Default shall have occurred and be
continuing; (ii) the surviving Person in such consolidation or merger (if other
than the Company [or the Co-Issuer], as the case may be) or person to whom such
property and assets are sold or conveyed (if other than the Company [or the
Co-Issuer], as the case may be) is a corporation organized under the laws of the
United States of America or any state thereof, and such Person (if other than
the Company [or the Co-Issuer], as the case may be) through an amendment to this
Agreement assumes all of the obligations of the Warrants and the performance and
observance of all the covenants and conditions of this Agreement with respect to
the Company [or the Co-Issuer], as the case may be; (iii) the Company [or the
Co-Issuer], as the case may be, shall have delivered to the Trustee under the
Indenture such certificates and opinions as required by the Indenture and all
conditions precedent provided for in the Indenture relating to such
consolidation, merger, sale or conveyance have been complied with. The Company
[and/or the Co-Issuer] may consolidate or merge with or into, or sell or convey
all or substantially all of its property and assets to any Subsidiary. For
purposes of this Section, "sell or convey all or substantially all of its
property and assets" shall mean property and assets contributing in the
aggregate at least 80% of the Company's total consolidated revenues as reported
in the Company's last available periodic financial report (quarterly or annual,
as the case may be) filed with the Securities and Exchange Commission.

                                       14
<PAGE>

              Upon any consolidation by the Company [or the Co-Issuer] with or
merger by the Company [or the Co-Issuer] into any other corporation or any sale
or conveyance of all or substantially all of the property and assets of the
Company [or the Co-Issuer] to any Person in accordance with this Section 5.2,
the successor Person formed by such consolidation or into which the Company [or
the Co-Issuer] is merged or to which such sale or conveyance is made shall
succeed to, and be substituted for, and may exercise every right and power of,
the Company [or the Co-Issuer], as the case may be under this Agreement with the
same effect as if such successor Person had been named as the Company [or the
Co-Issuer], as the case may be, herein, and in the event of any such sale or
conveyance, the Company [or the Co-Issuer], as the case may be (which term shall
for this purpose mean the Person named as the "Company" [or the "Co-Issuer"] in
the first paragraph of this Agreement or any successor Person which shall
theretofore become such in the manner described in this Section 5.2), shall be
discharged of all obligations and covenants under this Agreement and may be
dissolved or liquidated.

              SECTION 5.3. Maintenance of Offices or Agencies for Transfer,
Registration, Exchange of Warrants. So long as any of the Warrants shall remain
Outstanding, the Company covenants that it will maintain an office or agency in,
where the Warrants may be presented for registration, exchange and transfer as
in this Agreement provided, and where notices and demands to or upon the Company
in respect of the Warrants or of this Agreement may be served, and where the
Warrants may be presented for exchange for Debt Securities as provided herein.

              SECTION 5.4. Appointment to Fill a Vacancy in the Office of Agent.
The Company, whenever necessary to void or fill a vacancy in the office of
Agent, covenants that it will appoint, in the manner provided in Section 9.4
hereof, an Agent, so that there shall at all times be a Agent with respect to
the Outstanding Warrants.

              [SECTION 5.5 Co-Issuance of Debt Securities. The Co-Issuer
covenants that so long as any Warrants remain Outstanding it will cause the Debt
Securities from time to time guaranteed pursuant to the Warrants in the manner
herein provided to be fully and unconditionally guaranteed in accordance with
the Warrants and the terms hereof.]

                                   Article VI
                           EVENTS OF DEFAULT; REMEDIES

              SECTION 6.1. Events of Default. The term "Event of Default"
whenever used herein with respect to any ----------------- Warrant shall mean
any one of the following events:

              (a) Failure by the Company [or the Co-Issuer] to deliver the Debt
     Securities or the Guarantees, as the case may be, in exchange for the
     Warrants in accordance with the provisions of this Agreement or

              (b) failure on the part of the Company [or the Co-Issuer] to
     observe or perform in any material respect any of the covenants or
     agreements on its part in the Warrants or in this Agreement specifically
     contained for the benefit of the Warrantholders, for a period of 90 days
     after there has been given, by registered or certified mail, to the Company
     by the Agent, or to the Company and the Agent by the

                                       15
<PAGE>

     Registered Owners of not less than 25% in principal amount of the Warrants
     at the time Outstanding under this Agreement a written notice specifying
     such failure and stating that such is a "Notice of Default" hereunder.

              SECTION 6.2. Suits by Warrantholders. All or any of the rights
conferred upon the Registered Owner of any Warrant by the terms of such Warrant
and/or this Agreement may be enforced by the Registered Owner of such Warrants
by appropriate legal proceedings but without prejudice to the right which is
hereby conferred upon the Agent to proceed in its own name to enforce each and
all of the provisions herein contained for the benefit of the Registered Owners
of the Warrants from time to time Outstanding.

              SECTION 6.3. Remedies Not Waived; Enforcement Expense. No delay or
failure on the part of the Registered Owners of Warrants or the Agent to
exercise any right shall operate as a waiver of such right or otherwise
prejudice such Registered Owner's or Agent's, as the case may be, rights, powers
and remedies. The Company agrees to pay all costs, expenses and fees, including
all reasonable attorneys' fees, which may be incurred by a Registered Owner in
enforcing or attempting to enforce its rights thereunder and hereunder following
the occurrence and during the continuance of any Event of Default hereunder,
whether the same shall be enforced by suit or otherwise.

              SECTION 6.4. Incorporators, Stockholders, Officers and Directors
of Company and Exempt from Individual Liability. No recourse under or upon any
obligation, covenant or agreement of this Agreement, or of any Warrant, or for
any claim based thereon or otherwise in respect thereof, shall be had against
any incorporator, stockholder, officer or director, as such, past, present or
future, of the Company [or of the Co-Issuer], either directly or though the
Company [or of the Co-Issuer], whether by virtue of any constitution, statute or
rule of law, or by the enforcement of any assessment or penalty or otherwise; it
being expressly understood that this Agreement and the Warrants issued hereunder
are solely corporate obligations, and that no personal liability whatever shall
attach to, or is or shall be incurred by, the incorporators, stockholders,
officers or directors, as such, of the Company [or of the Co-Issuer], because of
the creation of the indebtedness [or the guarantees] hereby authorized, or under
or by reason of the obligations, covenants or agreements contained in this
Agreement or in any of the Warrants or implied therefrom; and that any and all
such personal liability of every name and nature, either at common law or in
equity or by constitution or statute, of, and any and all such rights and claims
against, every such incorporator, stockholder, officer or director, as such,
because of the creation of the obligations hereby authorized, or under or by
reason of the obligations, covenants or agreements contained in this Agreement
or in any of the Warrants or implied thereform are hereby expressly waived and
released as a condition of, and as a consideration for, the execution of this
Agreement and the issuance of such Warrants.

                                  Article VII
                      AMENDMENTS; MEETING OF WARRANTHOLDERS

              SECTION 7.1. Amendments Without Consent of Registered Owners of
Warrants. This Agreement and the terms and conditions of the Warrants may be
amended by the

                                       16
<PAGE>

Company and the Agent, without the consent of any Registered Owner of Warrants
for any of the following purposes:

              (a) to add to the covenants of the Company [or of the Co-Issuer]
     for the benefit of the Registered Owners of Warrants,

              (b) to surrender any right or power conferred upon the Company [or
     the Co-Issuer],

              (c) to cure any ambiguity or correcting or supplementing any
     provision contained herein or in the Warrants which may be defective or
     inconsistent with any other provisions contained herein or in the Warrants,

              (d) if deemed appropriate by the Company [or the Co-Issuer, as the
     case may be,] or required by law, to evidence the permitted succession of
     another corporation to the Company [or the Co-Issuer, as the case may be,]
     and the assumption by such successor of the covenants and obligations of
     the Company [or the Co-Issuer, as the case may be,] herein and in the
     Warrants or

              (e) to make such other provisions in regard to matters or
     questions arising under this Agreement or the Warrants which shall not
     adversely affect the interests of the Registered Owners of the Warrants in
     any material respect.

              SECTION 7.2. Amendments with Consent of Registered Owners of
Warrants. This Agreement, the terms and conditions of the Warrants and the
covenants contained in either may also be modified or amended by the Company [,
the Co-Issuer] and the Agent and past defaults thereunder or future compliance
therewith by the Company [or by the Co-Issuer] may be waived either with the
written consent of the Registered Owners of not less than a majority in
aggregate principal amount of the Debt Securities] at the time outstanding, or a
resolution by the Registered Owners of not less than 75% in aggregate principal
amount of the Outstanding Warrants present or represented at the meeting;
provided that no such modification, amendment or waiver may, without the consent
or affirmative vote of the Registered Owner of each Warrant affected thereby:

              (a) Waive a default in the failure to deliver Debt Securities] in
     exchange for Warrants pursuant to Section 4.1 hereof or change the Exercise
     Dates or the Expiry Date with respect to any Warrant, or change the coin or
     currency in which any Warrant is exercisable for Debt Securities or impair
     the right to institute suit for the enforcement of any rights of any
     Registered Owner of a Warrant or

              (b) Reduce the percentage in principal amount of the Outstanding
     Warrants, the consent of which Registered Owners is required for any
     modification or amendment to this Agreement or to the terms and conditions
     of or covenants contained in this Agreement or in the Warrants or for any
     waiver of compliance therewith or

                                       17
<PAGE>

              (c) modify any of the provisions of this Section 7.2 except to
     provide that certain other provisions of this Agreement or the terms and
     conditions of the Warrants cannot be modified, amended or waived without
     the consent of the Registered Owner of each Outstanding Warrant affected
     thereby.

It shall not be necessary for the Registered Owners of Warrants to approve the
particular form of any proposed amendment, but it shall be sufficient if they
approve the substance thereof.

              SECTION 7.3. Binding Nature of Amendments; Notice. Any
modifications, amendments or waivers to this Agreement or to the terms and
conditions of the Warrants in accordance with the provisions hereof will be
conclusive and binding on all Registered Owners of Warrants, whether or not they
have given such consent, whether or not notation of such modifications,
amendments or waivers is made upon the Warrants, and on all future Registered
Owners of Warrants.

              Promptly after the execution of any amendment to this Agreement or
the implementation of any modification or amendment of the terms and conditions
of the Warrants, notice of such amendment or modification shall be given by the
Company or by the Agent, on behalf of and at the instruction of the Company, to
the Registered Owners by mail at such owner's address as it appears on the
Register. The failure to give such notice on a timely basis shall not invalidate
such amendment or modification, but such notice shall be given as soon as
practicable upon discovering such failure or upon any impediment to the giving
of such notice being overcome.

                                  Article VIII
                             [Intentionally omitted]

                                   Article IX
                              CONCERNING THE AGENT

              SECTION 9.1. Appointment of Agent. The Company [and the Co-Issuer]
hereby appoint[s] ___________, at present having its principal office in
[__________ at _____________, ________, __________] as the Agent in respect of
the Warrants, upon the terms and subject to the conditions set forth in this
Agreement.

              SECTION 9.2. Acceptance of Appointment By Agent; Limitations of
Duties of Agent. The Agent accepts its obligations set forth herein and in the
Warrants upon the terms and conditions hereof and thereof, including the
following, to all of which the Company agrees and to all of which the rights
hereunder of the Registered Owners from time to time of the Warrants shall be
subject:

              (a) The Agent shall be entitled to the compensation agreed upon
     with the Company [and the Co-Issuer] for all services rendered by it, and
     the Company [and the Co-Issuer] agree[s] promptly to pay such compensation
     and to reimburse the Agent for its reasonable out-of-pocket expenses
     (including, without limitation, the reasonable compensation of its counsel)
     incurred by it in connection with the services rendered by it

                                       18
<PAGE>

     hereunder. The Company [and the Co-Issuer] also agree[s] to indemnify the
     Agent for, and to hold it harmless against, any loss, liability or expense
     incurred without negligence or bad faith on its part, arising out of or in
     connection with its acting as such Agent hereunder, including the costs and
     expenses of defending against any claim of liability.

              (b) In acting under this Agreement and in connection with the
     Warrants, the Agent is acting solely as the agent of the Company [and the
     Co-Issuer] and does not assume any obligations or relationship of agency or
     trust for or with any of the Registered Owners of the Warrants.

              (c) The Agent may consult with one or more counsel (who may also
     be counsel to the Company [or the Co-Issuer]), and, in the absence of bad
     faith, the written opinion of such counsel shall be full and complete
     authorization and protection in respect of any action taken, omitted or
     suffered by it hereunder in the good faith reliance thereon.

              (d) The Agent shall be protected and shall incur no liability for
     or in respect of any action taken, omitted or suffered by it in the good
     faith reliance upon any Warrant, notice, direction, consent, certificate,
     affidavit, statement or other paper or document signed by the Company [or
     the Co-Issuer] reasonably believed by the Agent to be genuine and to have
     been signed by the proper persons.

              (e) The Agent and its officers, directors and employees may become
     the owner of, or acquire any interest in, any Warrants, with the same
     rights that it or they would have if it were not the Agent hereunder, may
     engage or be interested in any financial or other transaction with the
     Company [or the Co-Issuer] and may act on, or as depository, trustee or
     agent for, any committee or body of Registered Owners of the Warrants or
     holders of other obligations of the Company [or the Co-Issuer] as freely as
     if it were not the Agent hereunder.

              (f) The recitals contained herein and in the Warrants (except in
     the Agent's certificates of authentication) shall be taken as the
     statements of the Company [or of the Co-Issuer, as applicable], and the
     Agent assumes no responsibility for their correctness. The Agent makes no
     representation as to the validity or sufficiency of this Agreement or the
     Warrants, provided that the Agent shall not be relieved of its duty to
     authenticate Warrants as authorized by this Agreement. The Agent shall not
     be accountable for the use or application by the Company [and the
     Co-Issuer] of the proceeds of the Warrants.

              (g) The Agent shall be obligated to perform such duties and only
     such duties as are herein and in the Warrants specifically set forth and no
     implied duties or obligations shall be read into this Agreement or the
     Warrants against the Agent.

              (h) No provision of this Agreement shall be construed to relieve
     the Agent from liability for its own negligent action, its own negligent
     failure to act, or its own willful misconduct or that of its officers or
     employees.

              (i) The Agent shall be under no liability for interest on any
     money received by it hereunder except as otherwise agreed with the Company
     [and the Co-Issuer].

                                       19
<PAGE>

              SECTION 9.3. Agent Required. The Company [and the Co-Issuer]
agree[s] that, until all Warrants (i) shall have been delivered to the Agent for
cancellation or (ii) have become null and void because of the passage of the
Expiry Date, there shall at all times be a Agent hereunder which shall be a
corporation doing business in the United States and which alone or with its
affiliates has a combined capital and surplus of at least $[___,000,000].

              SECTION 9.4. Resignation and Removal of Agent; Appointment of
Successor. The Agent may at any time resign by giving written notice (in
accordance with Section 10.1 hereof) to the Company of such intention on its
part, specifying the date on which its desired resignation shall become
effective; provided, however, that such date shall never be less than [90] days
after the receipt of such notice by the Company unless the Company [and the
Co-Issuer] agree[s] to accept less notice. Upon receipt of such notice of
resignation, the Company [and the Co-Issuer] shall promptly act to appoint a
successor Agent. The Agent may be removed at any time by the Company [and the
Co-Issuer] by delivering written notice thereof specifying such removal and the
date when it is intended to become effective. Any resignation or removal of the
Agent shall take effect upon the date of the appointment by the Company [and the
Co-Issuer] as hereinafter provided of a successor and the acceptance of such
appointment by such successor.

              In case at any time the Agent shall resign, or shall be removed,
or shall become incapable of acting or shall be adjudged as bankrupt or
insolvent, or if a receiver of its or of its property shall be appointed, or if
any public officer shall take charge or control of its or of its property or
affairs, for the purpose of rehabilitation, conservation or liquidation, a
successor agent, eligible as aforesaid, shall be appointed by the Company [and
the Co-Issuer].

              Upon the appointment as aforesaid of a successor agent and
acceptance by it of such appointment, the Agent so superseded shall cease to be
the Agent hereunder. If no successor Agent shall have been so appointed by the
Company [and the Co-Issuer] and shall have accepted appointment as hereinafter
provided, then the Registered Owners of a majority in aggregate principal amount
of the Outstanding Warrants, on such Holders' behalf and on behalf of all others
similarly situated may petition any court of competent jurisdiction for the
appointment of a successor Agent.

              Any successor Agent appointed hereunder shall execute, acknowledge
and deliver to its predecessor and to the Company an instrument accepting such
appointment hereunder, and thereupon such successor Agent, without any further
act deed or conveyance, shall become vested with all the authority, rights,
powers, immunities, duties and obligations of such predecessor with like effect
as if originally named as such Agent hereunder, and such predecessor, upon
payment of its charges and disbursements then unpaid, shall simultaneously
therewith become obligated to transfer, deliver and pay over, and such successor
Agent shall be entitled to receive, all moneys, [Notes/Debentures] or other
property on deposit with or held by such predecessor, as such Agent hereunder.
The Company or, at the discretion of the Company, the successor Agent, will give
prompt written notice by U.S. Mail to each Registered Owner of the Warrants at
such owner's address as it appears on the Register of the appointment of a
successor Agent. Failure to give such notice or any defect therein shall not
affect the appointment of a successor Agent.

                                       20
<PAGE>

              SECTION 9.5. Merger, Conversion, Consolidation or Succession to
Business of Agent. Any corporation into which the Agent may be merged or
converted, or with which it may be consolidated, or any corporation resulting
from any merger, conversion or consolidation to which the Agent shall be a
party, or any corporation succeeding to all or substantially all the assets and
business of the Agent, shall be the successor to the Agent hereunder, provided
such corporation shall be otherwise eligible under this Article IX, without the
execution or filing of any document or any further act on the part of any of the
parties hereto.

              In case any Warrants shall have been authenticated, but not
delivered, by the Agent then in office, any successor by merger, conversion or
consolidation to such authenticating Agent may adopt such authentication and
deliver the Warrants so authenticated with the same effect as if such successor
Agent had itself authenticated such Warrants.

                                   Article X
                                 MISCELLANEOUS

              SECTION 10.1. Notices. All notices or demands hereunder upon the
Company or the Agent may be ------- electronically communicated or hand
delivered or sent by overnight courier, addressed to any party hereto as
provided in this Section 10.1.

              All communications intended for the Company [or the Co-Issuer]
shall be sent to:

                           Viacom Inc.
                           [or Viacom International Inc.]
                           1515 Broadway
                           New York, NY 10036
                           Attention:
                           Fax Number:  (212) ___________

              All communications intended for the Agent shall be sent to:

                           Agent-Name
                           Attention:
                           Fax Number:

or at any other address of which either of the foregoing shall have notified the
other in any manner prescribed in this Section 10.01.

              For all purposes of this Agreement, a notice or communication will
be deemed effective:

              (a) if delivered by hand or sent by overnight courier, on the day
     it is delivered unless (i) that day is not a day on which commercial banks
     are open for business (a "Local Business Day") in the city specified in the
     address for notice provided by the recipient or (ii) if delivered after the
     close of business on a Local Business Day, then on the next succeeding
     Local Business Day or

                                       21
<PAGE>

              (b) if sent by facsimile transmission, on the date transmitted,
     provided that oral or written confirmation of receipt is obtained by the
     sender unless the date of transmission and confirmation is not a Local
     Business Day, in which case, on the next succeeding Local Business Day.

Any notice, direction, request, demand, consent or waiver by the Company or any
Registered Owner to or upon the Agent shall be deemed to have been sufficiently
given, made or filed, for all purposes, if given, made or filed in writing with
the Agent in accordance with the provisions of this Section 10.1.

              SECTION 10.2. Day Not a Business Day. If any date on which a
payment is to be made, notice given or other action taken hereunder is not a
Business Day, then such payments, notice or other action shall be made, given or
taken on the next succeeding business day in such place, and in the case of any
payment, no interest shall accrue for the delay.

              SECTION 10.3. Currency. All amounts herein are expressed in
[United States Dollars/Specified Currency]. --------

              SECTION 10.4. Governing Law. This Agreement and the Warrants shall
be construed in accordance with the ------------- laws of New York.

              SECTION 10.5. Limitation of Rights to Parties and Registered
Owners of Warrants. Nothing in this Agreement or in the Warrants expressed or
implied is intended or shall be construed to give to any Person other than the
Company, [the Co-Issuer,] the Agent and the Registered Owners of the Warrants
any legal or equitable right, remedy or claim under or in respect of this
Agreement or any covenant, condition or provision herein or in the Warrants. All
such covenants, conditions and provisions are and shall be held to be for the
sole and exclusive benefit of the Company, [the Co-Issuer,] the Agent and the
Registered Owners of the Warrants.

              SECTION 10.6. Separability of Invalid Provisions. In case any one
or more of the provisions contained in this Agreement or in the Warrants shall
for any reason be held to be invalid, illegal or unenforceable in any respect,
such invalidity, illegality or unenforceability shall not affect any other
provision of this Agreement, but this Agreement shall be construed as if such
invalid or illegal or unenforceable provision had never been contained herein.

              SECTION 10.7. No Waiver of Rights. A failure or delay in
exercising any right, power or privilege in respect of this Warrant Agreement
will not be presumed to operate as a waiver, and a single or partial exercise of
any right, power or privilege will not be presumed to preclude any subsequent or
further exercise of that right, power or privilege or the exercise of any other
right, power or privilege.

              SECTION 10.8. Execution in Several Counterparts. This Agreement
may be executed in any number of counterparts, each of which shall for all
purposes be deemed to be an original; but such counterparts shall together
constitute but one and the same instrument.

              SECTION 10.9. Article and Section Headings. The headings or titles
of the several Articles and Sections hereof and any table of contents appended
to copies hereof shall be

                                       22
<PAGE>

solely for convenience of reference and shall not affect the meaning,
construction or effect of this Agreement.

              SECTION 10.10. Successor and Assigns. All the covenants and
agreements in this Agreement contained by or on behalf of the Company [, the
Co-Issuer] or the Agent shall bind their respective successors and assigns,
whether so expressed or not.

                                       23
<PAGE>

              IN WITNESS WHEREOF, the parties hereto have executed this
Agreement as of the date first above written.

                                      VIACOM INC.

                                      By
                                         ---------------------------------
                                           Name:
                                           Title:

                                      [VIACOM INTERNATIONAL INC.

                                      By
                                         ---------------------------------
                                           Name:
                                           Title:]

                                      AGENT NAME,  as Agent

                                      By
                                         ---------------------------------
                                           Name:
                                           Title:

                                       24

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00026-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00026-of-00352.parquet"}]]