Document:

Exhibit
10.10

 

AMENDMENT
NO. 1 TO

SERIES
B PREFERRED STOCK PURCHASE WARRANT (Series 1)

 

This
Amendment No. 1 (this “Amendment”) to Series B Preferred Stock Purchase Warrant (the “Warrant”),
issued to Leviston Resources LLC by Creek Road Miners, Inc. (f/k/a Wizard Brands, Inc.) (the “Company”) on March 26,
2021 and expiring on March 26, 2023, is effective as of July 16, 2021 (the “Amendment Effective Date”). Capitalized
terms used herein and not defined have the meanings given them in the Warrant.

 

RECITALS

 

A.
Pursuant to Section 6(l) of the Warrant, each party desires to execute and deliver this Amendment to reflect the matters set forth
herein.

 

AGREEMENTS

 

NOW,
THEREFORE, in consideration of the foregoing, and the mutual covenants and agreements herein set forth, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1.
Forced Exercise. Section 5 of the Warrant is amended in its entirety to read as follows:

 

“Forced
Exercise. The Company can force exercise this Warrant upon five days advance written notice (during which period the Warrant will
remain exercisable) if the VWAP exceeds $3.75 per share for twenty (20) consecutive Trading Days and the daily average trading volume
of the Common Stock exceeds One Hundred Thousand Dollars ($100,000) in aggregate value for such period. Notwithstanding any other provision
of this Warrant, the Warrant holder may not be forced to exercise this Warrant if such exercise would cause Warrant holder’s beneficial
ownership (as defined by Section 13(d) of the Securities Exchange Act of 1934, as amended) of the shares of Common Stock of the Company
to exceed 4.9% of its total issued and outstanding voting shares.”

 

2.
Miscellaneous. For the avoidance of doubt, references in the Warrant to the “Warrant” shall be deemed a reference
to the Warrant as amended by this Amendment.

 

3.
Counterparts. This Amendment may be executed in counterparts, and any party hereto may execute any such counterpart, each of which
when executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute but one and
the same instrument.

 

4.
No Other Amendments. Except as otherwise specifically amended in this Amendment, the Warrant shall remain in full force and effect.

 

[Signature
Pages Follow.]

 

    	1

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Amendment as of the Amendment Effective Date.

 

	 	CREEK
    ROAD MINERS, INC.
	 	 	 
	 	By:
    	/s/
    Scott Kaufman
	 	Name:
    	Scott
    Kaufman
	 	Title:
    	Chief
    Executive Officer
	 	 	 
	 	LEVISTON
    RESOURCES LLC
	 	 	 
	 	By:
    	/s/
    Roman Rogol
	 	Name:
    	Roman
    Rogol
	 	Title:
    	Chief
    Financial Officer

 

[Signature
Page to Amendment No. 1 to Series 1 Warrant]Exhibit 10.11

 

AMENDMENT
NO. 1 TO

SERIES
B PREFERRED STOCK PURCHASE WARRANT (Series 2)

 

This
Amendment No. 1 (this “Amendment”) to Series B Preferred Stock Purchase Warrant (the “Warrant”),
issued to Leviston Resources LLC by Creek Road Miners, Inc. (f/k/a Wizard Brands, Inc.) on March 26, 2021 and expiring on March 26, 2024,
is effective as of July 16, 2021 (the “Amendment Effective Date”). Capitalized terms used herein and not defined have
the meanings given them in the Warrant.

 

RECITALS

 

A.
Pursuant to Section 6(l) of the Warrant, each party desires to execute and deliver this Amendment to reflect the matters set forth
herein.

 

AGREEMENTS

 

NOW,
THEREFORE, in consideration of the foregoing, and the mutual covenants and agreements herein set forth, and for other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:

 

1.
Forced Exercise. Section 5 of the Warrant is amended in its entirety to read as follows:

 

“Forced
Exercise. The Company can force exercise this Warrant upon five days advance written notice (during which period the Warrant will
remain exercisable) if the VWAP exceeds $5.25 per share for twenty (20) consecutive Trading Days and the daily average trading volume
of the Common Stock exceeds One Hundred Thousand Dollars ($100,000) for each day in the period. Notwithstanding any other provision of
this Warrant, the Warrant holder may not be forced to exercise this Warrant if such exercise would cause Warrant holder’s beneficial
ownership (as defined by Section 13(d) of the Securities Exchange Act of 1934, as amended) of the shares of Common Stock of the Company
to exceed 4.9% of its total issued and outstanding voting shares.”

 

2.
Miscellaneous. For the avoidance of doubt, references in the Warrant to the “Warrant” shall be deemed a reference
to the Warrant as amended by this Amendment.

 

3.
Counterparts. This Amendment may be executed in counterparts, and any party hereto may execute any such counterpart, each of which
when executed and delivered shall be deemed to be an original and all of which counterparts taken together shall constitute but one and
the same instrument.

 

4.
No Other Amendments. Except as otherwise specifically amended in this Amendment, the Warrant shall remain in full force and effect.

 

[Signature
Pages Follow.]

 

    	1

    	 

    

 

IN
WITNESS WHEREOF, the parties have executed this Amendment as of the Amendment Effective Date.

 

	 	CREEK
    ROAD MINERS, INC.
	 	 	 
	 	By:
    	/s/
    Scott Kaufman
	 	Name:
    	Scott
    Kaufman
	 	Title:
    	Chief
    Executive Officer
	 	 	 
	 	LEVISTON
    RESOURCES LLC
	 	 	 
	 	By:
    	/s/
    Roman Rogol
	 	Name:
    	Roman
    Rogol
	 	Title:
    	Chief
    Financial Officer

 

[Signature
Page to Amendment No. 1 to Series 2 Warrant]Exhibit
10.12

 

Creek
road miners, INC.

 

AMENDED
AND RESTATED

CERTIFICATE
OF DESIGNATION OF PREFERENCES,

RIGHTS
AND LIMITATIONS

OF

SERIES
B PREFERRED STOCK

 

PURSUANT
TO SECTION 151 OF THE DGCL

 

CREEK
ROAD MINERS, INC. (f/k/a Wizard Brands, Inc.) (the “Corporation”), a corporation organized and existing under the
General Corporation Law of the State of Delaware, as amended (the “DGCL”), does hereby certify that, pursuant to the
authority conferred upon the Board of Directors by the Amended and Restated Certificate of Incorporation of the Corporation, as amended
(the “Certificate of Incorporation”), and pursuant to the provisions of Section 151 of the DGCL, the Board of Directors
duly adopted the following resolution to be effective on July 16, 2021:

 

WHEREAS,
the Certificate of Incorporation provides for a class of authorized stock, known as preferred stock, consisting of five million (5,000,000)
shares, $0.0001 par value per share, issuable from time to time in one or more series;

 

WHEREAS,
the Board of Directors is authorized to fix the dividend rights, dividend rate, voting rights, conversion rights, rights and terms of
redemption and liquidation preferences of any wholly unissued series of preferred stock and the number of shares constituting any series
and the designation thereof, of any of them;

 

WHEREAS,
the Board of Directors previously adopted a resolution effective as of March 26, 2021, authorizing the creation and issuance of a series
of preferred stock, up to twenty thousand (20,000) shares of the five million (5,000,000) authorized shares of preferred stock, $0.0001
par value, of the Corporation, designated as “Series B Preferred Stock” and the Corporation filed the Certificate of Designation
for such Series B Preferred Stock with the Secretary of State of the State of Delaware on March 29, 2021 (the “Existing Certificate
of Designation”);

 

WHEREAS,
on July 14, 2021, the holders of a majority of the shares of the Series B Preferred Stock, representing the requisite stockholders required
to amend and restate the Existing Certificate of Designation, voting separately as a class, approved the Amended and Restated Certificate
of Designation as set forth below; and

 

NOW,
THEREFORE, BE IT RESOLVED, that pursuant to the authority expressly vested in the Board of Directors and in accordance with the provisions
of the Certificate of Incorporation and the DGCL, the Existing Certificate of Designations for the Series B Preferred Stock shall be
amended and restated and the designation and amount thereof and the voting powers, preferences, and relative, participation, optional
and other special rights of the shares of such series and the qualifications, limitations or restrictions thereof are as follows:

 

    	1

    	 

    

 

TERMS
OF PREFERRED STOCK

 

Section
1. Definitions. For the purposes hereof, the following terms shall have the following meanings:

 

“125%
Conversion Price” shall have the meaning set forth in Section 6(b).

 

“Affiliate”
means any Person that, directly or indirectly through one or more intermediaries, controls or is controlled by or is under common control
with a Person, as such terms are used in and construed under Rule 405 of the Securities Act.

 

“Alternate
Consideration” shall have the meaning set forth in Section 7(e).

 

“Attribution
Parties” shall have the meaning set forth in Section 6(d).

 

“Bankruptcy
Event” means any of the following events: (a) the Corporation or any Significant Subsidiary (as such term is defined in Rule
1-02(w) of Regulation S-X) thereof commences a case or other proceeding under any bankruptcy, reorganization, arrangement, adjustment
of debt, relief of debtors, dissolution, insolvency or liquidation or similar law of any jurisdiction relating to the Corporation or
any Significant Subsidiary thereof, (b) there is commenced against the Corporation or any Significant Subsidiary thereof any such case
or proceeding that is not dismissed within 60 days after commencement, (c) the Corporation or any Significant Subsidiary thereof is adjudicated
insolvent or bankrupt or any order of relief or other order approving any such case or proceeding is entered, (d) the Corporation or
any Significant Subsidiary thereof suffers any appointment of any custodian or the like for it or any substantial part of its property
that is not discharged or stayed within 60 calendar days after such appointment, (e) the Corporation or any Significant Subsidiary thereof
makes a general assignment for the benefit of creditors, (f) the Corporation or any Significant Subsidiary thereof calls a meeting of
its creditors with a view to arranging a composition, adjustment or restructuring of its debts, or (g) the Corporation or any Significant
Subsidiary thereof, by any act or failure to act, expressly indicates its consent to, approval of or acquiescence in any of the foregoing
or takes any corporate or other action for the purpose of effecting any of the foregoing.

 

“Base
Conversion Price” shall have the meaning set forth in Section 7(b).

 

“Beneficial
Ownership Limitation” shall have the meaning set forth in Section 6(d).

 

“Business
Day” means any day except any Saturday, any Sunday, any day which is a federal legal holiday in the United States or any day
on which banking institutions in the State of New York are authorized or required by law or other governmental action to close.

 

    	2

    	 

    

 

“Buy-In”
shall have the meaning set forth in Section 6(c)(iv).

 

“Change
of Control Transaction” means the occurrence after the date hereof of any of (a) an acquisition after the date hereof by an
individual or legal entity or “group” (as described in Rule 13d-5(b)(1) promulgated under the Exchange Act) of effective
control (whether through legal or beneficial ownership of capital stock of the Corporation, by contract or otherwise) of in excess of
40% of the voting securities of the Corporation (other than by means of conversion or exercise of Preferred Stock and the Securities
issued together with the Preferred Stock), other than any acquisition of shares of the Corporation’s Class B common stock, par
value $0.0001 per share, pursuant to the terms of any options outstanding as of June 1, 2020, (b) the Corporation merges into or consolidates
with any other Person, or any Person merges into or consolidates with the Corporation and, after giving effect to such transaction, the
stockholders of the Corporation immediately prior to such transaction own less than 60% of the aggregate voting power of the Corporation
or the successor entity of such transaction, (c) the Corporation sells or transfers all or substantially all of its assets to another
Person and the stockholders of the Corporation immediately prior to such transaction own less than 66% of the aggregate voting power
of the acquiring entity immediately after the transaction, (d) a replacement at one time or within a one year period of more than one-half
of the members of the Board of Directors which is not approved by a majority of those individuals who are members of the Board of Directors
on the Original Issue Date (or by those individuals who are serving as members of the Board of Directors on any date whose nomination
to the Board of Directors was approved by a majority of the members of the Board of Directors who are members on the Original Issue Date),
or (e) the execution by the Corporation of an agreement to which the Corporation is a party or by which it is bound, providing for any
of the events set forth in clauses (a) through (d) above.

 

“Commission”
means the United States Securities and Exchange Commission.

 

“Common
Stock” means the common stock of the Corporation, par value $0.0001 per share, and stock of any other class of securities into
which such securities may hereafter be reclassified or changed.

 

“Common
Stock Equivalents” means any securities of the Corporation or the Subsidiaries which would entitle the holder thereof to acquire
at any time Common Stock, including, without limitation, preferred stock, rights, options, warrants or other instrument that is at any
time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

 

“Conversion
Amount” means the sum of the Stated Value at issue.

 

    	3

    	 

    

 

“Conversion
Date” shall have the meaning set forth in Section 6(a).

 

“Conversion
Price” shall have the meaning set forth in Section 6(b).

 

“Conversion
Shares” means, collectively, the shares of Common Stock issuable upon conversion of the shares of Preferred Stock in accordance
with the terms hereof.

 

“DGCL”
has the meaning set forth in the preamble.

 

“Dilutive
Issuance” shall have the meaning set forth in Section 7(b).

 

“Dilutive
Issuance Notice” shall have the meaning set forth in Section 7(b).

 

“Dividend
Conversion Rate” means, for each $993 of Dividend Share Amount (or portion thereof), a share of Preferred Stock with a Stated
Value of $1080 (or a portion of a share thereof).

 

“Dividend
Conversion Shares” shall have the meaning set forth in Section 3(a).

 

“Dividend
Payment Date” shall have the meaning set forth in Section 3(a).

 

“Dividend
Share Amount” shall have the meaning set forth in Section 3(a).

 

“Dividend
Shares” shall have the meaning set forth in Section 3(a).

 

“Equity
Conditions” means, during the period in question, (a) the Corporation shall have duly honored all conversions scheduled to
occur or occurring by virtue of one or more Notices of Conversion of the applicable Holder on or prior to the dates so requested or required,
if any, (b) the Corporation shall have paid all liquidated damages and other amounts owing to the applicable Holder in respect of the
Preferred Stock, (c)(i) there is an effective registration statement pursuant to which (A) the Corporation may issue Dividend Shares
and Conversion Shares or (B) the Holders are permitted to utilize the prospectus thereunder to resell all of the shares of Common Stock
issuable pursuant to the Transaction Documents (and the Corporation believes, in good faith, that such effectiveness will continue uninterrupted
for the foreseeable future) or (ii) all of the Conversion Shares issuable pursuant to the Transaction Documents (and shares issuable
upon conversion of shares of Preferred Stock in lieu of cash payments of dividends) may be resold pursuant to Rule 144 without volume
or manner-of-sale restrictions or current public information requirements as determined by counsel to the Corporation as set forth in
a written opinion letter to such effect, addressed and acceptable to the Transfer Agent and the affected Holders or (iii) all of the
Conversion Shares and Dividend Shares may be issued to the Holder pursuant to Section 3(a)(9) of the Securities Act and immediately resold
without restriction, (d) the Common Stock is trading on a Trading Market and all of the shares issuable pursuant to the Transaction Documents
are listed or quoted for trading on such Trading Market (and the Corporation believes, in good faith, that trading of the Common Stock
on a Trading Market will continue uninterrupted for the foreseeable future), (e) there is a sufficient number of authorized, but unissued
and otherwise unreserved, shares of Common Stock for the issuance of all of the shares then issuable pursuant to the Transaction Documents
and there is no existing Authorized Share Failure, (f) there is no existing Triggering Event and no existing event which, with the passage
of time or the giving of notice, would constitute a Triggering Event, (g) there has been no public announcement of a pending or proposed
Fundamental Transaction or Change of Control Transaction that has not been consummated, and (h) the applicable Holder is not in possession
of any information provided by the Corporation, any of its Subsidiaries, or any of their officers, directors, employees, agents or Affiliates,
that constitutes, or may constitute, material non-public information.

 

    	4

    	 

    

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.

 

“Exempt
Issuance” means the issuance of (a) shares of Common Stock, restricted stock units or options to employees, consultants, officers
or directors of the Corporation pursuant to any stock or option plan duly adopted by a majority of the non-employee members of the Board
of Directors of the Corporation or a majority of the members of a committee of non-employee directors established for such purpose for
services rendered to the Corporation, (b) securities upon the exercise or exchange of or conversion of any securities issued pursuant
to the Purchase Agreement and/or other securities exercisable or exchangeable for or convertible into shares of Common Stock issued and
outstanding on the date of the Purchase Agreement, provided that such securities have not been amended since the date of the Purchase
Agreement to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of any such
securities or to extend the term of such securities,(c) securities issued pursuant to acquisitions or strategic transactions approved
by a majority of the disinterested directors of the Corporation, provided that such securities are issued as “restricted securities”
(as defined in Rule 144) and carry no registration rights that require or permit the filing of any registration statement in connection
therewith during the prohibition period in Section 4.13(a) in the Purchase Agreement, and provided that any such issuance shall only
be to a Person (or to the equityholders of a Person) which is, itself or through its subsidiaries, an operating company or an owner of
an asset in a business synergistic with the business of the Corporation and shall provide to the Corporation additional benefits in addition
to the investment of funds, but shall not include a transaction in which the Corporation is issuing securities primarily for the purpose
of raising capital or to an entity whose primary business is investing in securities and (d) securities to consultants, advisors or independent
contractors as compensation for services provided to the Corporation in their capacity as such, and not for the purpose of raising capital,
pursuant to any consulting agreement, advisory agreement or independent contractor agreement, in each case approved by a majority of
the disinterested directors of the Corporation or a committee thereof comprised solely of disinterested directors of the Corporation.

 

“Fundamental
Transaction” shall have the meaning set forth in Section 7(e).

 

    	5

    	 

    

 

“Holder”
shall have the meaning given such term in Section 2.

 

“Junior
Securities” means the Common Stock and all other Common Stock Equivalents of the Corporation other than those securities which
are explicitly senior or pari passu to the Preferred Stock in dividend rights or liquidation preference.

 

“Liquidation”
shall have the meaning set forth in Section 5.

 

“New
York Courts” shall have the meaning set forth in Section 11(d).

 

“Notice
of Conversion” shall have the meaning set forth in Section 6(a).

 

“Optional
Redemption” shall have the meaning set forth in Section 8(b).

 

“Optional
Redemption Amount” means the sum of (a) 125% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends
and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

 

“Optional
Redemption Date” shall have the meaning set forth in Section 8(a).

 

“Optional
Redemption Notice” shall have the meaning set forth in Section 8(a).

 

“Optional
Redemption Notice Date” shall have the meaning set forth in Section 8(a).

 

“Original
Issue Date” means the date of the first issuance of any shares of the Preferred Stock regardless of the number of transfers
of any particular shares of Preferred Stock and regardless of the number of certificates which may be issued to evidence such Preferred
Stock.

 

“Payables
Litigation” means (i) the written notice to the Corporation or any Subsidiary or (ii) the public announcement by the Corporation,
any Subsidiary or any third party of any litigation or arbitration against the Corporation or any Subsidiary in any state or federal
court or any arbitration venue that relates to the Corporation’s outstanding accounts payable in an amount that exceeds $500,000.

 

“Person”
means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability
company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.

 

“Preferred
Stock” shall have the meaning set forth in Section 2.

 

“Purchase
Agreement” means the Securities Purchase Agreement, dated on or about the Original Issue Date, among the Corporation and the
original Holders, as amended, modified or supplemented from time to time in accordance with its terms.

 

    	6

    	 

    

 

“Rule
144” means Rule 144 promulgated by the Commission pursuant to the Securities Act, as such Rule may be amended from time to
time, or any similar rule or regulation hereafter adopted by the Commission having substantially the same effect as such Rule.

 

“Securities”
means the Preferred Stock, the Warrants, the Warrant Shares and the Conversion Shares.

 

“Securities
Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 

“Share
Delivery Date” shall have the meaning set forth in Section 6(c).

 

“Stated
Value” shall have the meaning set forth in Section 2, as the same may be increased pursuant to Section 3.

 

“Subscription
Amount” shall mean, as to each Holder, the aggregate amount to be paid for the Preferred Stock purchased pursuant to the Purchase
Agreement as specified below such Holder’s name on the signature page of the Purchase Agreement and next to the heading “Subscription
Amount,” in United States dollars and in immediately available funds.

 

“Subsidiary”
means any subsidiary of the Corporation as set forth on Schedule 3.1(a) of the Purchase Agreement and shall, where applicable,
also include any direct or indirect subsidiary of the Corporation formed or acquired after the date of the Purchase Agreement.

 

“Successor
Entity” shall have the meaning set forth in Section 7(e).

 

“Trading
Day” means a day on which the principal Trading Market is open for business.

 

“Trading
Market” means any of the following markets or exchanges on which the Common Stock is listed or quoted for trading on the date
in question: the NYSE American, the Nasdaq Capital Market, the Nasdaq Global Market, the Nasdaq Global Select Market, the New York Stock
Exchange, OTCQB or OTCQX (or any successors to any of the foregoing).

 

“Transaction
Documents” means this Certificate of Designation, the Purchase Agreement, the Warrants, the Lock-Up Agreements, all exhibits
and schedules thereto and hereto and any other documents or agreements executed in connection with the transactions contemplated pursuant
to the Purchase Agreement.

 

“Transfer
Agent” means V Stock Transfer, LLC, the current transfer agent of the Corporation, and any successor transfer agent of the
Corporation.

 

    	7

    	 

    

 

“Triggering
Event” shall have the meaning set forth in Section 10(a).

 

“Triggering
Redemption Amount” means, for each share of Preferred Stock, the sum of (a) the greater of (i) 120% of the aggregate Stated
Value then outstanding and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event
and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages
and other costs, expenses or amounts due in respect of the Preferred Stock.

 

“Triggering
Redemption Payment Date” shall have the meaning set forth in Section 10(b).

 

“VWAP”
means, for any date, the price determined by the first of the following clauses that applies: (a) if the Common Stock is then listed
or quoted on a Trading Market, the daily volume weighted average price of the Common Stock for such date (or the nearest preceding date)
on the Trading Market on which the Common Stock is then listed or quoted as reported by Bloomberg L.P. (based on a Trading Day from 9:30
a.m. (New York City time) to 4:02 p.m. (New York City time)), (b) if OTCQB or OTCQX is not a Trading Market, the volume weighted average
price of the Common Stock for such date (or the nearest preceding date) on OTCQB or OTCQX as applicable, (c) if the Common Stock is not
then listed or quoted for trading on OTCQB or OTCQX and if prices for the Common Stock are then reported in the “Pink Sheets”
published by OTC Markets, Inc. (or a similar organization or agency succeeding to its functions of reporting prices), the most recent
bid price per share of the Common Stock so reported, or (d) in all other cases, the fair market value of a share of Common Stock as determined
by an independent appraiser selected in good faith by the Purchasers of a majority in interest of the Securities then outstanding and
reasonably acceptable to the Corporation, the fees and expenses of which shall be paid by the Corporation.

 

“Warrants”
shall have the meaning ascribed to such term in the Purchase Agreement.

 

“Warrant
Shares” means the shares of Preferred Stock issuable upon exercise of the Warrants.

 

Section
2. Designation, Amount and Par Value. The series of preferred stock shall be designated as its Series B Preferred Stock (the
“Preferred Stock”) and the number of shares so designated shall be 20,000 (which shall not be subject to increase
without the written consent of all of the holders of the Preferred Stock (each, a “Holder” and collectively, the “Holders”)).
Each share of Preferred Stock shall have a par value of $0.0001 per share and a stated value equal to $1,080 per share, subject to increase
set forth in Section 3 below (the “Stated Value”).

 

    	8

    	 

    

 

Section
3. Dividends.

 

a)
Dividends in Cash or in Kind. Holders shall be entitled to receive, and the Corporation shall pay, cumulative dividends at the
rate per share (as a percentage of the Stated Value per share) of five percent (5%) per annum, payable quarterly on January 1,
April 1, July 1 and October 1, beginning on the first such date after the Original Issue Date, on each Conversion Date (with respect
only to Preferred Stock being converted) and on each Optional Redemption Date (with respect only to Preferred Stock being redeemed) (each
such date, a “Dividend Payment Date”) (if any Dividend Payment Date is not a Trading Day, the applicable payment shall
be due on the next succeeding Trading Day) in cash, or at the Holders’ option, in duly authorized, validly issued, fully paid and
non-assessable shares of Preferred Stock (“Dividend Shares”) as set forth in this Section 3(a), or a combination thereof
(the dollar amount of dividends to be paid in Dividend Shares, the “Dividend Share Amount”) at the Dividend Conversion
Rate. The Holders shall have the same rights and remedies with respect to the delivery of any such shares as if such shares were being
issued pursuant to Section 6.

 

b)
Delivery of Dividend Shares. The Corporation shall deliver a certificate evidencing the Dividend Shares to the Holder no later
than the earlier of (i) two (2) Trading Days and (ii) the number of days comprising the Standard Settlement Period (as defined in Section
6(c)(i) herein) following the Dividend Payment Date and the Corporation’s delivery of the Dividend Shares shall be subject to the
provision of Section 6 herein, including, without limitation, the liquidated damages and Buy-In provisions therein. On the Dividend Payment
Date, the Holder shall be deemed for all corporate purposes to have become the holder of record of the Dividend Shares.

 

c)
Dividend Calculations. Dividends on the Preferred Stock shall be calculated on the basis of a 360-day year, consisting of twelve
30 calendar day periods, and shall accrue daily commencing on the Original Issue Date, and shall be deemed to accrue from such date whether
or not earned or declared and whether or not there are profits, surplus or other funds of the Corporation legally available for the payment
of dividends. Dividends shall cease to accrue with respect to any Preferred Stock converted, provided that the Corporation actually delivers
the Conversion Shares within the time period required by Section 6(c)(i) herein. Except as otherwise provided herein, if at any time
the Corporation pays dividends partially in cash and partially in shares, then such payment shall be distributed ratably among the Holders
based upon the number of shares of Preferred Stock held by each Holder on such Dividend Payment Date.

 

d)
Late Fees. Any dividends, whether paid in cash or shares of Preferred Stock, that are not paid within three Trading Days following
a Dividend Payment Date shall continue to accrue and shall entail a late fee, which must be paid in cash, at the rate of 12% per annum
or the lesser rate permitted by applicable law which shall accrue daily from the Dividend Payment Date through and including the date
of actual payment in full.

 

    	9

    	 

    

 

e)
Other Securities. So long as any Preferred Stock shall remain outstanding, other than pursuant to Section 8(a) herein, neither
the Corporation nor any Subsidiary thereof shall redeem, purchase or otherwise acquire directly or indirectly any Junior Securities,
other than, solely in connection with Junior Securities issued to employees, officers or directors of the Corporation for services rendered
to the Corporation, Junior Securities in connection with the satisfaction of the exercise price of compensatory Junior Securities or
the satisfaction of tax withholding obligations. So long as any Preferred Stock shall remain outstanding, neither the Corporation nor
any Subsidiary thereof shall directly or indirectly pay or declare any dividend or make any distribution upon, nor shall any distribution
be made in respect of, any Junior Securities as long as any dividends due on the Preferred Stock remain unpaid, nor shall any monies
be set aside for or applied to the purchase or redemption (through a sinking fund or otherwise) of any Junior Securities or shares pari
passu with the Preferred Stock.

 

Section
4. Voting Rights. Except as otherwise provided herein or as otherwise required by law, the Preferred Stock shall have no voting
rights. However, as long as any shares of Preferred Stock are outstanding, the Corporation shall not, without the affirmative vote of
the Holders of a majority of the then outstanding shares of the Preferred Stock, (a) alter or change adversely the powers, preferences
or rights given to the Preferred Stock or alter or amend this Certificate of Designation, (b) authorize, create or issue any class of
stock ranking as to dividends, redemption or distribution of assets upon a Liquidation (as defined in Section 5) senior to, or otherwise
pari passu with, the Preferred Stock, (c) amend its certificate or articles of incorporation or other charter documents in any
manner that adversely affects any rights of the Holders, (d) increase the number of authorized shares of Preferred Stock, or (e) enter
into any agreement with respect to any of the foregoing.

 

Section
5. Liquidation. Upon any liquidation, dissolution or winding-up of the Corporation, whether voluntary or involuntary (a “Liquidation”),
the Holders shall be entitled to receive out of the assets, whether capital or surplus, of the Corporation an amount equal to the Stated
Value, plus any accrued and unpaid dividends thereon and any other fees or liquidated damages then due and owing thereon under this Certificate
of Designation, for each share of Preferred Stock before any distribution or payment shall be made to the holders of any Junior Securities,
and if the assets of the Corporation shall be insufficient to pay in full such amounts, then the entire assets to be distributed to the
Holders shall be ratably distributed among the Holders in accordance with the respective amounts that would be payable on such shares
if all amounts payable thereon were paid in full. A Fundamental Transaction or Change of Control Transaction shall not be deemed a Liquidation.
The Corporation shall deliver written notice of any such Liquidation, not less than 45 days prior to the payment date stated therein,
to each Holder.

 

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Section
6. Conversion.

 

a)
Conversions at Option of Holder. Each share of Preferred Stock shall be convertible, at any time and from time to time from and
after the Original Issue Date at the option of the Holder thereof, into that number of shares of Common Stock (subject to the limitations
set forth in Section 6(d)) determined by dividing the Stated Value of such share of Preferred Stock by the Conversion Price. Holders
shall effect conversions by providing the Corporation with the form of conversion notice attached hereto as Annex A (a “Notice
of Conversion”). Each Notice of Conversion shall specify the number of shares of Preferred Stock to be converted, the number
of shares of Preferred Stock owned prior to the conversion at issue, the number of shares of Preferred Stock owned subsequent to the
conversion at issue and the date on which such conversion is to be effected, which date may not be prior to the date the applicable Holder
delivers by e-mail such Notice of Conversion to the Corporation (such date, the “Conversion Date”). If no Conversion
Date is specified in a Notice of Conversion, the Conversion Date shall be the date that such Notice of Conversion to the Corporation
is deemed delivered hereunder. Upon delivery of the Notice of Conversion by a Holder, such Holder shall be deemed for all corporate purposes
to have become the holder of record of the Conversion Shares with respect to which the Preferred Stock has been converted, irrespective
of date of delivery of such Conversion Shares. No ink-original Notice of Conversion shall be required, nor shall any medallion guarantee
(or other type of guarantee or notarization) of any Notice of Conversion form be required. The calculations and entries set forth in
the Notice of Conversion shall control in the absence of manifest or mathematical error. To effect conversions of shares of Preferred
Stock, a Holder shall not be required to surrender the certificate(s) representing the shares of Preferred Stock to the Corporation unless
all of the shares of Preferred Stock represented thereby are so converted, in which case such Holder shall deliver the certificate representing
such shares of Preferred Stock promptly following the Conversion Date at issue. Shares of Preferred Stock converted into Common Stock
or redeemed in accordance with the terms hereof shall be canceled and shall not be reissued. Notwithstanding the foregoing, with respect
to any Notice(s) of Conversion delivered by 12:00 p.m. (New York City time) on the Original Issue Date, the Corporation agrees to deliver
the Conversion Shares subject to such notice(s) by 4:00 p.m. (New York City time) on the Original Issue Date. In the event the Company,
at any time, sells or grants any option to purchase or sells or grants any right to reprice, or otherwise disposes of or issues (or announces
any sale, grant, or any option to purchase or other disposition), any Common Stock or Common Stock Equivalents entitling any person to
acquire shares of Common Stock, without consideration or for a consideration per share less than the applicable Conversion Price in effect
immediately prior to such issuance or deemed issuance, then the Conversion Price shall be reduced, concurrently with such issuance or
deemed issuance, to the consideration per share received by the Company for such issue or deemed issue of the Additional Shares of Common
Stock; provided that if such issuance or deemed issuance was without consideration, then the Company shall be deemed to have received
an aggregate of one-tenth of a cent ($0.001) of consideration for all such Additional Shares of Common Stock issued or deemed to be issued;
provided, further, no adjustment pursuant to the foregoing will be made in respect of an Exempt Issuance.

 

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b)
Conversion Price. The conversion price for the Preferred Stock shall be an amount equal to the lesser of (i) 125% of the ten (10)-day
VWAP immediately preceding the Closing Date (as defined in the Purchase Agreement) (the “125% Conversion Price”),
and (ii) 85% of the lowest VWAP of the Common Stock on a Trading Day during the 10 Trading Days prior to and ending on, and including,
the Conversion Date (the “Conversion Price”); provided, that in no event shall the 125% Conversion Price or the Conversion
Price be lower than One Dollar ($1.00) and in no event will the Conversion Price exceed $1.50 per share unless the Conversion Price is
adjusted pursuant to Section 6(a) hereof.

 

c)
Mechanics of Conversion

 

i.
Delivery of Conversion Shares Upon Conversion. Not later than the earlier of (i) two (2) Trading Days and (ii) the number of Trading
Days comprising the Standard Settlement Period (as defined below) after each Conversion Date (the “Share Delivery Date”),
the Corporation shall deliver, or cause to be delivered, to the converting Holder (A) the number of Conversion Shares being acquired
upon the conversion of the Preferred Stock, which Conversion Shares shall be free of restrictive legends and trading restrictions, and
(B) a number of Dividend Shares in the amount of accrued and unpaid dividends on the shares of Preferred Stock subject to conversion,
unless such accrued and unpaid dividends are converted into Conversion Shares as indicated on the Notice of Conversion. The Corporation
shall deliver the Conversion Shares electronically through the Depository Trust Company or another established clearing corporation performing
similar functions. As used herein, “Standard Settlement Period” means the standard settlement period, expressed in
a number of Trading Days, on the Corporation’s primary Trading Market with respect to the Common Stock as in effect on the date
of delivery of the Notice of Conversion, but in no event earlier than one (1) Trading Day after each Conversion Date.

 

ii.
Failure to Deliver Conversion Shares. If, in the case of any Notice of Conversion, such Conversion Shares are not delivered to
or as directed by the applicable Holder by the Share Delivery Date, the Holder shall be entitled to elect by written notice to the Corporation
at any time on or before its receipt of such Conversion Shares, to rescind such Conversion, in which event the Corporation shall promptly
return to the Holder any original Preferred Stock certificate delivered to the Corporation and the Holder shall promptly return to the
Corporation the Conversion Shares issued to such Holder pursuant to the rescinded Notice of Conversion.

 

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iii.
Obligation Absolute; Partial Liquidated Damages. The Corporation’s obligation to issue and deliver the Conversion Shares
upon conversion of Preferred Stock in accordance with the terms hereof are absolute and unconditional, irrespective of any action or
inaction by a Holder to enforce the same, any waiver or consent with respect to any provision hereof, the recovery of any judgment against
any Person or any action to enforce the same, or any setoff, counterclaim, recoupment, limitation or termination, or any breach or alleged
breach by such Holder or any other Person of any obligation to the Corporation or any violation or alleged violation of law by such Holder
or any other person, and irrespective of any other circumstance which might otherwise limit such obligation of the Corporation to such
Holder in connection with the issuance of such Conversion Shares; provided, however, that such delivery shall not operate
as a waiver by the Corporation of any such action that the Corporation may have against such Holder. In the event a Holder shall elect
to convert any or all of the Stated Value of its Preferred Stock, the Corporation may not refuse conversion based on any claim that such
Holder or anyone associated or affiliated with such Holder has been engaged in any violation of law, agreement or for any other reason,
unless an injunction from a court, on notice to Holder, restraining and/or enjoining conversion of all or part of the Preferred Stock
of such Holder shall have been sought and obtained, and the Corporation posts a surety bond for the benefit of such Holder in the amount
of 150% of the Stated Value of Preferred Stock which is subject to the injunction, which bond shall remain in effect until the completion
of arbitration/litigation of the underlying dispute and the proceeds of which shall be payable to such Holder to the extent it obtains
judgment. In the absence of such injunction, the Corporation shall issue Conversion Shares and, if applicable, cash, upon a properly
noticed conversion. If the Corporation fails to deliver to a Holder such Conversion Shares pursuant to Section 6(c)(i) by the Share Delivery
Date applicable to such conversion, the Corporation shall pay to such Holder, in cash, as liquidated damages and not as a penalty, for
each $5,000 of Stated Value of Preferred Stock being converted, $50 per Trading Day (increasing to $100 per Trading Day on the fifth
Trading Day after such damages begin to accrue) for each Trading Day after the Share Delivery Date until such Conversion Shares are delivered
or Holder rescinds such conversion. Nothing herein shall limit a Holder’s right to pursue actual damages or declare a Triggering
Event pursuant to Section 10 hereof for the Corporation’s failure to deliver Conversion Shares within the period specified herein
and such Holder shall have the right to pursue all remedies available to it hereunder, at law or in equity including, without limitation,
a decree of specific performance and/or injunctive relief. The exercise of any such rights shall not prohibit a Holder from seeking to
enforce damages pursuant to any other Section hereof or under applicable law.

 

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iv.
Compensation for Buy-In on Failure to Timely Deliver Conversion Shares Upon Conversion. In addition to any other rights available
to the Holder, if the Corporation fails for any reason to deliver to a Holder the applicable Conversion Shares by the Share Delivery
Date pursuant to Section 6(c)(i) (other than solely a failure caused by incorrect or incomplete information provided by Holder to the
Corporation on the Notice of Conversion), and if after such Share Delivery Date such Holder is required by its brokerage firm to purchase
(in an open market transaction or otherwise), or the Holder’s brokerage firm otherwise purchases, shares of Common Stock to deliver
in satisfaction of a sale by such Holder of the Conversion Shares which such Holder was entitled to receive upon the conversion relating
to such Share Delivery Date (a “Buy-In”), then the Corporation shall (A) pay in cash to such Holder (in addition to
any other remedies available to or elected by such Holder) the amount, if any, by which (x) such Holder’s total purchase price
(including any brokerage commissions) for the Common Stock so purchased exceeds (y) the product of (1) the aggregate number of shares
of Common Stock that such Holder was entitled to receive from the conversion at issue multiplied by (2) the actual sale price at which
the sell order giving rise to such purchase obligation was executed (including any brokerage commissions) and (B) at the option of such
Holder, either reissue (if surrendered) the shares of Preferred Stock equal to the number of shares of Preferred Stock submitted for
conversion (in which case, such conversion shall be deemed rescinded) or deliver to such Holder the number of shares of Common Stock
that would have been issued if the Corporation had timely complied with its delivery requirements under Section 6(c)(i). For example,
if a Holder purchases shares of Common Stock having a total purchase price of $11,000 to cover a Buy-In with respect to an attempted
conversion of shares of Preferred Stock with respect to which the actual sale price of the Conversion Shares (including any brokerage
commissions) giving rise to such purchase obligation was a total of $10,000 under clause (A) of the immediately preceding sentence, the
Corporation shall be required to pay such Holder $1,000. The Holder shall provide the Corporation written notice indicating the amounts
payable to such Holder in respect of the Buy-In and, upon request of the Corporation, evidence of the amount of such loss. Nothing herein
shall limit a Holder’s right to pursue any other remedies available to it hereunder, at law or in equity including, without limitation,
a decree of specific performance and/or injunctive relief with respect to the Corporation’s failure to timely deliver the Conversion
Shares upon conversion of the shares of Preferred Stock as required pursuant to the terms hereof.

 

v.
Reservation of Shares Issuable Upon Conversion. The Corporation covenants that it will at all times reserve and keep available
out of its authorized and unissued shares of Common Stock for the sole purpose of issuance upon conversion of the Preferred Stock and
payment of dividends on the Preferred Stock, each as provided herein, free from preemptive rights or any other actual contingent purchase
rights of Persons other than the Holder (and the other holders of the Preferred Stock), not less than such aggregate number of shares
of the Common Stock as shall (subject to the terms and conditions set forth in the Purchase Agreement) be issuable (taking into account
the adjustments and restrictions of Section 7) upon the conversion of the then outstanding shares of Preferred Stock and payment of dividends
hereunder. The Corporation covenants that all shares of Common Stock that shall be so issuable shall, upon issue, be duly authorized,
validly issued, fully paid and nonassessable.

 

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vi.
Fractional Shares. No fractional shares or scrip representing fractional shares shall be issued upon the conversion of the Preferred
Stock. As to any fraction of a share which the Holder would otherwise be entitled to purchase upon such conversion, the Corporation shall
at its election, either pay a cash adjustment in respect of such final fraction in an amount equal to such fraction multiplied by the
Conversion Price or round up to the next whole share. Notwithstanding anything to the contrary contained herein, but consistent with
the provisions of this subsection with respect to fractional Conversion Shares, nothing shall prevent any Holder from converting fractional
shares of Preferred Stock.

 

vii.
Transfer Taxes and Expenses. The issuance of Conversion Shares on conversion of this Preferred Stock shall be made without charge
to any Holder for any documentary stamp or similar taxes that may be payable in respect of the issue or delivery of such Conversion Shares,
provided that the Corporation shall not be required to pay any tax that may be payable in respect of any transfer involved in the issuance
and delivery of any such Conversion Shares upon conversion in a name other than that of the Holders of such shares of Preferred Stock
and the Corporation shall not be required to issue or deliver such Conversion Shares unless or until the Person or Persons requesting
the issuance thereof shall have paid to the Corporation the amount of such tax or shall have established to the satisfaction of the Corporation
that such tax has been paid. The Corporation shall pay all Transfer Agent fees required for same-day processing of any Notice of Conversion
and all fees to the Depository Trust Company (or another established clearing corporation performing similar functions) required for
same-day electronic delivery of the Conversion Shares.

 

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d)
Beneficial Ownership Limitation. The Corporation shall not effect any conversion of the Preferred Stock, and a Holder shall not
have the right to convert any portion of the Preferred Stock, to the extent that, after giving effect to the conversion set forth on
the applicable Notice of Conversion, such Holder (together with such Holder’s Affiliates, and any Persons acting as a group together
with such Holder or any of such Holder’s Affiliates (such Persons, “Attribution Parties”)) would beneficially
own in excess of the Beneficial Ownership Limitation (as defined below). For purposes of the foregoing sentence, the number of shares
of Common Stock beneficially owned by such Holder and its Affiliates and Attribution Parties shall include the number of shares of Common
Stock issuable upon conversion of the Preferred Stock with respect to which such determination is being made, but shall exclude the number
of shares of Common Stock which are issuable upon (i) conversion of the remaining, unconverted Stated Value of Preferred Stock beneficially
owned by such Holder or any of its Affiliates or Attribution Parties and (ii) exercise or conversion of the unexercised or unconverted
portion of any other securities of the Corporation subject to a limitation on conversion or exercise analogous to the limitation contained
herein (including, without limitation, the Preferred Stock or the Warrants) beneficially owned by such Holder or any of its Affiliates
or Attribution Parties. Except as set forth in the preceding sentence, for purposes of this Section 6(d), beneficial ownership shall
be calculated in accordance with Section 13(d) of the Exchange Act and the rules and regulations promulgated thereunder. To the extent
that the limitation contained in this Section 6(d) applies, the determination of whether the Preferred Stock is convertible (in relation
to other securities owned by such Holder together with any Affiliates and Attribution Parties) and of how many shares of Preferred Stock
are convertible shall be in the sole discretion of such Holder, and the submission of a Notice of Conversion shall be deemed to be such
Holder’s determination of whether the shares of Preferred Stock may be converted (in relation to other securities owned by such
Holder together with any Affiliates and Attribution Parties) and how many shares of the Preferred Stock are convertible, in each case
subject to the Beneficial Ownership Limitation. To ensure compliance with this restriction, each Holder will be deemed to represent to
the Corporation each time it delivers a Notice of Conversion that such Notice of Conversion has not violated the restrictions set forth
in this paragraph and the Corporation shall have no obligation to verify or confirm the accuracy of such determination. In addition,
a determination as to any group status as contemplated above shall be determined in accordance with Section 13(d) of the Exchange Act
and the rules and regulations promulgated thereunder. For purposes of this Section 6(d), in determining the number of outstanding shares
of Common Stock, a Holder may rely on the number of outstanding shares of Common Stock as stated in the most recent of the following:
(i) the Corporation’s most recent periodic or annual report filed with the Commission, as the case may be, (ii) a more recent public
announcement by the Corporation or (iii) a more recent written notice by the Corporation or the Transfer Agent setting forth the number
of shares of Common Stock outstanding. Upon the written or oral request of a Holder (which may be via email), the Corporation shall within
one Trading Day confirm orally and in writing (which may be via email) to such Holder the number of shares of Common Stock then outstanding.
In any case, the number of outstanding shares of Common Stock shall be determined after giving effect to the conversion or exercise of
securities of the Corporation, including the Preferred Stock, by such Holder or its Affiliates or Attribution Parties since the date
as of which such number of outstanding shares of Common Stock was reported. The “Beneficial Ownership Limitation”
shall be 9.99% of the number of shares of the Common Stock outstanding immediately after giving effect to the issuance of shares of Common
Stock issuable upon conversion of Preferred Stock held by the applicable Holder. A Holder, upon notice to the Corporation, may increase
or decrease the Beneficial Ownership Limitation provisions of this Section 6(d) applicable to its Preferred Stock provided that the Beneficial
Ownership Limitation in no event exceeds 9.99% of the number of shares of the Common Stock outstanding immediately after giving effect
to the issuance of shares of Common Stock upon conversion of this Preferred Stock held by the Holder and the provisions of this Section
6(d) shall continue to apply. Any such increase in the Beneficial Ownership Limitation will not be effective until the 61st
day after such notice is delivered to the Corporation and shall only apply to such Holder and no other Holder. The provisions of this
paragraph shall be construed and implemented in a manner otherwise than in strict conformity with the terms of this Section 6(d) to correct
this paragraph (or any portion hereof) which may be defective or inconsistent with the intended Beneficial Ownership Limitation contained
herein or to make changes or supplements necessary or desirable to properly give effect to such limitation. The limitations contained
in this paragraph shall apply to a successor holder of Preferred Stock.

 

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Section
7. Certain Adjustments.

 

a)
Stock Dividends and Stock Splits. If the Corporation, at any time while this Preferred Stock is outstanding: (i) pays a stock
dividend or otherwise makes a distribution or distributions payable in shares of Common Stock on shares of Common Stock or any other
Common Stock Equivalents (which, for avoidance of doubt, shall not include any shares of Common Stock issued by the Corporation upon
conversion of, or payment of a dividend on, this Preferred Stock), (ii) subdivides outstanding shares of Common Stock into a larger number
of shares, (iii) combines (including by way of a reverse stock split, combination or otherwise) outstanding shares of Common Stock into
a smaller number of shares or (iv) issues, in the event of a reclassification of shares of the Common Stock, any shares of capital stock
of the Corporation, then the 125% Conversion Price shall be multiplied by a fraction of which the numerator shall be the number of shares
of Common Stock (excluding any treasury shares of the Corporation) outstanding immediately before such event, and of which the denominator
shall be the number of shares of Common Stock outstanding immediately after such event. Any adjustment made pursuant to this Section
7(a) shall become effective immediately after the record date for the determination of stockholders entitled to receive such dividend
or distribution and shall become effective immediately after the effective date in the case of a subdivision, combination or re-classification.

 

b)
Subsequent Equity Sales; Issuance of Additional Shares. If, at any time while this Preferred Stock is outstanding, the Corporation
or any Subsidiary, as applicable, sells or grants any option to purchase or sells or grants any right to reprice, or otherwise disposes
of or issues (or announces any sale, grant or any option to purchase or other disposition), any Common Stock or Common Stock Equivalents
entitling any Person to acquire shares of Common Stock at an effective price per share that is lower than the Conversion Price that applied
to each conversion of Preferred Stock by a Holder during the five (5) Trading Days prior to and including the date of such issuance (such
lower price, the “Base Conversion Price” and such issuances, collectively, a “Dilutive Issuance”
and each conversion during the five (5) Trading Days prior to and including the date of such Dilutive Issuance, an “Applicable
Conversion” and the applicable Conversion Price in an Applicable Conversion, the “Applicable Conversion Price”)
(if the holder of the Common Stock or Common Stock Equivalents so issued shall at any time, whether by operation of purchase price adjustments,
reset provisions, floating conversion, exercise or exchange prices or otherwise, or due to warrants, options or rights per share which
are issued in connection with such issuance, be entitled to receive shares of Common Stock at an effective price per share that is lower
than the Applicable Conversion Price, such issuance shall be deemed to have occurred for less than the Applicable Conversion Price on
such date of the Dilutive Issuance), then the Applicable Conversion Price shall be retroactively reduced to equal the Base Conversion
Price in connection with an Applicable Conversion and, within two (2) Trading Days after each Dilutive Issuance, the Corporation shall
issue and deliver to each Holder that had made one or more Applicable Conversions an additional number of shares of Common Stock equal
to a difference between (i) the number of Conversion Shares that would have been issued to such Holder in the Applicable Conversion if
the Applicable Conversion Price had equaled the Base Conversion Price minus (ii) the number of Conversion Shares previously issued to
such Holder in the Applicable Conversion (such additional shares of Common Stock, the “Additional Shares”). For the
avoidance of doubt, if more than one security is issued in a transaction that is being analyzed to determine whether a Dilutive Issuance
has occurred and/or to determine a Base Conversion Price, each security so issued shall be analyzed separately with respect to such determinations
such that the lowest effective price per share with respect to each such security shall be used. For example, if the Applicable Conversion
Price is $1.00 and the Corporation issues units for $0.90 per unit, with each unit comprised of 1 share of Common Stock and 1 warrant
exercisable for 1 share of Common Stock, which new warrant has an exercise price of $1.50 per share, the Base Conversion Price will be
$0.90. Notwithstanding the foregoing, no adjustment will be made under this Section 7(b) in respect of an Exempt Issuance. The Corporation
shall notify the Holders in writing, no later than the Trading Day following the issuance of any Common Stock or Common Stock Equivalents
subject to this Section 7(b), indicating therein the applicable issuance price, or applicable reset price, exchange price, conversion
price and other pricing terms (such notice, the “Dilutive Issuance Notice”). For purposes hereunder, the Additional
Shares shall be “Conversion Shares” and the Corporation shall deliver such Additional Shares electronically through the Depository
Trust Company or another established clearing corporation performing similar functions in compliance with the delivery requirements of
Section 6(c) and the Beneficial Ownership Limitation in Section 6(d). To the extent that a Holder is unable to receive any Additional
Shares as a result of Section 6(d) herein, such Additional Shares shall be held in abeyance for the Holder until such time, if ever,
as the Holder’s right thereto would not result in the Holder exceeding the Beneficial Ownership Limitation. For the avoidance of
doubt, in connection with each Dilutive Issuance, the Corporation shall issue Additional Shares in connection with each Applicable Conversion
as applicable hereunder.

 

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c)
Subsequent Rights Offerings. In addition to any adjustments pursuant to Section 7(a) above, if at any time the Corporation grants,
issues or sells any Common Stock Equivalents or rights to purchase stock, warrants, securities or other property pro rata to the record
holders of any class of shares of Common Stock (the “Purchase Rights”), then the Holder will be entitled to acquire,
upon the terms applicable to such Purchase Rights, the aggregate Purchase Rights which the Holder could have acquired if the Holder had
held the number of shares of Common Stock acquirable upon complete conversion of such Holder’s Preferred Stock (without regard
to any limitations on exercise hereof, including without limitation, the Beneficial Ownership Limitation) immediately before the date
on which a record is taken for the grant, issuance or sale of such Purchase Rights, or, if no such record is taken, the date as of which
the record holders of shares of Common Stock are to be determined for the grant, issue or sale of such Purchase Rights (provided, however,
that, to the extent that the Holder’s right to participate in any such Purchase Right would result in the Holder exceeding the
Beneficial Ownership Limitation, then the Holder shall not be entitled to participate in such Purchase Right to such extent (or beneficial
ownership of such shares of Common Stock as a result of such Purchase Right to such extent) and such Purchase Right to such extent shall
be held in abeyance for the Holder until such time, if ever, as its right thereto would not result in the Holder exceeding the Beneficial
Ownership Limitation).

 

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d)
Pro Rata Distributions. During such time as this Preferred Stock is outstanding, if the Corporation declares or makes any dividend
or other distribution of its assets (or rights to acquire its assets) to holders of shares of Common Stock, by way of return of capital
or otherwise (including, without limitation, any distribution of cash, stock or other securities, property or options by way of a dividend,
spin off, reclassification, corporate rearrangement, scheme of arrangement or other similar transaction) other than distributions subject
to Section 7(a) hereof (a “Distribution”), at any time after the issuance of this Preferred Stock, then, in each such
case, the Holder shall be entitled to participate in such Distribution to the same extent that the Holder would have participated therein
if the Holder had held the number of shares of Common Stock acquirable upon complete conversion of this Preferred Stock (without regard
to any limitations on conversion hereof, including without limitation, the Beneficial Ownership Limitation) immediately before the date
of which a record is taken for such Distribution, or, if no such record is taken, the date as of which the record holders of shares of
Common Stock are to be determined for the participation in such Distribution (provided, however, to the extent that the
Holder’s right to participate in any such Distribution would result in the Holder exceeding the Beneficial Ownership Limitation,
then the Holder shall not be entitled to participate in such Distribution to such extent (or in the beneficial ownership of any shares
of Common Stock as a result of such Distribution to such extent) and the portion of such Distribution shall be held in abeyance for the
benefit of the Holder until such time, if ever, as its right thereto would not result in the Holder exceeding the Beneficial Ownership
Limitation).

 

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e)
Fundamental Transaction. If, at any time while this Preferred Stock is outstanding, (i) the Corporation, directly or indirectly,
in one or more related transactions effects any merger or consolidation of the Corporation with or into another Person, (ii) the Corporation,
directly or indirectly, effects any sale, lease, license, assignment, transfer, conveyance or other disposition of all or substantially
all of its assets in one or a series of related transactions, (iii) any, direct or indirect, purchase offer, tender offer or exchange
offer (whether by the Corporation or another Person) is completed pursuant to which holders of Common Stock are permitted to sell, tender
or exchange their shares for other securities, cash or property and has been accepted by the holders of 50% or more of the outstanding
Common Stock, (iv) the Corporation, directly or indirectly, in one or more related transactions effects any reclassification, reorganization
or recapitalization of the Common Stock or any compulsory share exchange pursuant to which the Common Stock is effectively converted
into or exchanged for other securities, cash or property, or (v) the Corporation, directly or indirectly, in one or more related transactions
consummates a stock or share purchase agreement or other business combination (including, without limitation, a reorganization, recapitalization,
spin-off or scheme of arrangement) with another Person whereby such other Person acquires more than 50% of the outstanding shares of
Common Stock (not including any shares of Common Stock held by the other Person or other Persons making or party to, or associated or
affiliated with the other Persons making or party to, such stock or share purchase agreement or other business combination) (each a “Fundamental
Transaction”), then, upon any subsequent conversion of this Preferred Stock, the Holder shall have the right to receive, for
each Conversion Share that would have been issuable upon such conversion immediately prior to the occurrence of such Fundamental Transaction
(without regard to any limitation in Section 6(d) on the conversion of this Preferred Stock), the number of shares of Common Stock of
the successor or acquiring corporation or of the Corporation, if it is the surviving corporation, and any additional consideration (the
“Alternate Consideration”) receivable as a result of such Fundamental Transaction by a holder of the number of shares
of Common Stock for which this Preferred Stock is convertible immediately prior to such Fundamental Transaction (without regard to any
limitation in Section 6(d) on the conversion of this Preferred Stock). For purposes of any such conversion, the determination of the
Conversion Price shall be appropriately adjusted to apply to such Alternate Consideration based on the amount of Alternate Consideration
issuable in respect of one share of Common Stock in such Fundamental Transaction, and the Corporation shall apportion the Conversion
Price among the Alternate Consideration in a reasonable manner reflecting the relative value of any different components of the Alternate
Consideration. If holders of Common Stock are given any choice as to the securities, cash or property to be received in a Fundamental
Transaction, then the Holder shall be given the same choice as to the Alternate Consideration it receives upon any conversion of this
Preferred Stock following such Fundamental Transaction. To the extent necessary to effectuate the foregoing provisions, any successor
to the Corporation or surviving entity in such Fundamental Transaction shall file a new Certificate of Designation with the same terms
and conditions and issue to the Holders new preferred stock consistent with the foregoing provisions and evidencing the Holders’
right to convert such preferred stock into Alternate Consideration. The Corporation shall cause any successor entity in a Fundamental
Transaction in which the Corporation is not the survivor (the “Successor Entity”) to assume in writing all of the
obligations of the Corporation under this Certificate of Designation and the other Transaction Documents in accordance with the provisions
of this Section 7(e) pursuant to written agreements in form and substance reasonably satisfactory to the Holders of a majority of the
outstanding shares of Preferred Stock and approved by the Holders of a majority of the outstanding shares of Preferred Stock (without
unreasonable delay) prior to such Fundamental Transaction and shall, at the option of the holder of this Preferred Stock, deliver to
the Holder in exchange for this Preferred Stock a security of the Successor Entity evidenced by a written instrument substantially similar
in form and substance to this Preferred Stock which is convertible for a corresponding number of shares of capital stock of such Successor
Entity (or its parent entity) equivalent to the shares of Common Stock acquirable and receivable upon conversion of this Preferred Stock
(without regard to any limitations on the conversion of this Preferred Stock) prior to such Fundamental Transaction, and with a conversion
price which applies the conversion price hereunder to such shares of capital stock (but taking into account the relative value of the
shares of Common Stock pursuant to such Fundamental Transaction and the value of such shares of capital stock, such number of shares
of capital stock and such conversion price being for the purpose of protecting the economic value of this Preferred Stock immediately
prior to the consummation of such Fundamental Transaction), and which is reasonably satisfactory in form and substance to the Holder.
Upon the occurrence of any such Fundamental Transaction, the Successor Entity shall succeed to, and be substituted for (so that from
and after the date of such Fundamental Transaction, the provisions of this Certificate of Designation and the other Transaction Documents
referring to the “Corporation” shall refer instead to the Successor Entity), and may exercise every right and power of the
Corporation and shall assume all of the obligations of the Corporation under this Certificate of Designation and the other Transaction
Documents with the same effect as if such Successor Entity had been named as the Corporation herein.

 

    	20

    	 

    

 

f)
Calculations. All calculations under this Section 7 shall be made to the nearest cent or the nearest 1/100th of a share, as the
case may be. For purposes of this Section 7, the number of shares of Common Stock deemed to be issued and outstanding as of a given date
shall be the sum of the number of shares of Common Stock (excluding any treasury shares of the Corporation) issued and outstanding.

 

g)
Notice to the Holders.

 

i.
Adjustment to Conversion Price. Whenever the Applicable Conversion Price or the 125% Conversion Price is adjusted pursuant to
any provision of this Section 7, the Corporation shall promptly deliver to each Holder by facsimile or email a notice setting forth the
Applicable Conversion Price or the 125% Conversion Price after such adjustment and setting forth a brief statement of the facts requiring
such adjustment.

 

ii.
Notice to Allow Conversion by Holder. If (A) the Corporation shall declare a dividend (or any other distribution in whatever form)
on the Common Stock, (B) the Corporation shall declare a special nonrecurring cash dividend on or a redemption of the Common Stock, (C)
the Corporation shall authorize the granting to all holders of the Common Stock of rights or warrants to subscribe for or purchase any
shares of capital stock of any class or of any rights, (D) the approval of any stockholders of the Corporation shall be required in connection
with any reclassification of the Common Stock, any consolidation or merger to which the Corporation is a party, any sale or transfer
of all or substantially all of the assets of the Corporation, or any compulsory share exchange whereby the Common Stock is converted
into other securities, cash or property or (E) the Corporation shall authorize the voluntary or involuntary dissolution, liquidation
or winding up of the affairs of the Corporation, then, in each case, the Corporation shall cause to be filed at each office or agency
maintained for the purpose of conversion of this Preferred Stock, and shall cause to be delivered by facsimile or email to each Holder
at its last facsimile number or email address as it shall appear upon the stock books of the Corporation, at least twenty (20) calendar
days prior to the applicable record or effective date hereinafter specified, a notice stating (x) the date on which a record is to be
taken for the purpose of such dividend, distribution, redemption, rights or warrants, or if a record is not to be taken, the date as
of which the holders of the Common Stock of record to be entitled to such dividend, distributions, redemption, rights or warrants are
to be determined or (y) the date on which such reclassification, consolidation, merger, sale, transfer or share exchange is expected
to become effective or close, and the date as of which it is expected that holders of the Common Stock of record shall be entitled to
exchange their shares of the Common Stock for securities, cash or other property deliverable upon such reclassification, consolidation,
merger, sale, transfer or share exchange, provided that the failure to deliver such notice or any defect therein or in the delivery thereof
shall not affect the validity of the corporate action required to be specified in such notice. To the extent that any notice provided
hereunder constitutes, or contains, material, non-public information regarding the Corporation or any of the Subsidiaries, the Corporation
shall simultaneously file such notice with the Commission pursuant to a Current Report on Form 8-K. The Holder shall remain entitled
to convert the Conversion Amount of this Preferred Stock (or any part hereof) during the 20-day period commencing on the date of such
notice through the effective date of the event triggering such notice except as may otherwise be expressly set forth herein.

 

    	21

    	 

    

 

Section
8. Optional Redemption.

 

a)
Optional Redemption at Election of Corporation. Subject to the provisions of this Section 8, at any time after thirty (30) days
following the Closing Date (as defined in the Purchase Agreement), the Corporation may deliver a notice to the Holders (an “Optional
Redemption Notice” and the date such notice is deemed delivered hereunder, the “Optional Redemption Notice Date”)
of its irrevocable election to redeem some or all of the then outstanding Preferred Stock, for cash in an amount equal to the Optional
Redemption Amount on the thirtieth (30th) day following the Optional Redemption Notice Date (such date, the “Optional Redemption
Date” and such redemption, the “Optional Redemption”). The Optional Redemption Amount is payable in full
on the Optional Redemption Date. The Corporation may only effect an Optional Redemption if each of the Equity Conditions shall have been
met in all material respects on each Trading Day occurring during the period commencing on the Optional Redemption Notice Date through
to the Optional Redemption Date and through and including the date payment of the Optional Redemption Amount is actually made. If any
of the Equity Conditions shall cease to be satisfied in any material respect at any time during the thirty (30) day period, then a Holder
may elect to nullify the Optional Redemption Notice as to such Holder by notice to the Corporation within three (3) Trading Days after
the first day on which any such Equity Condition has not been met (provided that, if by a provision of the Transaction Documents, the
Corporation is obligated to notify the Holders of the non-existence of an Equity Condition, such notice period shall be extended to the
third Trading Day after proper notice from the Corporation) in which case the Optional Redemption Notice shall be null and void, ab
initio. The Corporation covenants and agrees that the Corporation will honor all Notices of Conversion tendered from the time of
delivery of the Optional Redemption Notice through the date that the Optional Redemption Amount is paid in full.

 

    	22

    	 

    

 

b)
Redemption Procedure. The payment of cash pursuant to an Optional Redemption shall be made on the Optional Redemption Date. If
any portion of the cash payment for an Optional Redemption has not been paid by the Corporation on the Optional Redemption Date, interest
shall accrue thereon until such amount is paid in full at a rate equal to the lesser of 18% per annum or the maximum rate permitted by
applicable law.

 

Section
9. Negative Covenants. As long as any shares of Preferred Stock are outstanding, unless the holders of at least 51% in Stated
Value of the then outstanding shares of Preferred Stock shall have otherwise given prior written consent, the Corporation shall not,
and shall not permit any of the Subsidiaries to, directly or indirectly:

 

a)
amend the Corporation’s charter documents, including, without limitation, its certificate of incorporation and bylaws, in any manner
that materially and adversely affects any rights of the Holder;

 

b)
repay, repurchase or offer to repay, repurchase or otherwise acquire more than a de minimis number of shares of its Common Stock,
Common Stock Equivalents or Junior Securities, other than as to (i) the Conversion Shares or Warrant Shares as permitted or required
under the Transaction Documents, (ii) other than, solely in connection with Junior Securities issued to employees, officers or directors
of the Corporation for services rendered to the Corporation, Junior Securities in connection with the satisfaction of the exercise price
of compensatory Junior Securities or the satisfaction of tax withholding obligations, and (iii) repurchases of Common Stock or Common
Stock Equivalents of departing officers and directors of the Corporation, provided that such repurchases under this Section 9(a)(iii)
shall not exceed an aggregate of $100,000 for all officers and directors for so long as the Preferred Stock is outstanding;

 

c)
pay cash dividends or distributions on Junior Securities of the Corporation;

 

d)
enter into any transaction with any Affiliate of the Corporation which would be required to be disclosed in any public filing with the
Commission, unless such transaction is made on an arm’s-length basis and expressly approved by a majority of the disinterested
directors of the Corporation (even if less than a quorum otherwise required for board approval); or

 

e)
enter into any agreement with respect to any of the foregoing.

 

Section
10. Redemption Upon Triggering Events.

 

a)
“Triggering Event” means, wherever used herein any of the following events (whatever the reason for such event and
whether such event shall be voluntary or involuntary or effected by operation of law or pursuant to any judgment, decree or order of
any court, or any order, rule or regulation of any administrative or governmental body), to which the Holders of a majority of the then
outstanding shares of Preferred Stock do not provide prior written consent:

 

    	23

    	 

    

 

i.
(a) if the Corporation fails to provide at all times a registration statement (including the Registration Statement (as defined in the
Registration Rights Agreement, dated March 26, 2021 between the Corporation and Leviston Resources LLC, as amended)) or usable prospectus
that permits the Corporation to issue the Conversion Shares and Warrant Shares or which allows the Holder to sell the Conversion Shares
pursuant thereto, subject to a grace period of 20 calendar days in the aggregate in any 365-day period or (b) if the Corporation cannot
issue the Conversion Shares pursuant to Section 3(a)(9) of the Securities Act;

 

ii.
the Corporation shall fail to deliver Conversion Shares issuable upon a conversion hereunder that comply with the provisions hereof prior
to the seventh (7th) Trading Day after such shares are required to be delivered hereunder, or the Corporation shall provide written notice
to any Holder, including by way of public announcement, at any time, of its intention not to comply with requests for conversion of any
shares of Preferred Stock in accordance with the terms hereof;

 

iii.
the Corporation shall fail for any reason to pay in full the amount of cash due pursuant to a Buy-In within five (5) calendar days after
notice therefor is delivered hereunder;

 

iv.
there shall have occurred an Authorized Share Failure;

 

v.
unless specifically addressed elsewhere in this Certificate of Designation as a Triggering Event, the Corporation shall fail to observe
or perform any other covenant, agreement or warranty contained in, or otherwise commit any breach of the Transaction Documents, and such
failure or breach shall not, if subject to the possibility of a cure by the Corporation, have been cured within 30 calendar days after
the date of such failure to observe or perform or such breach;

 

vi.
the Corporation shall redeem more than a de minimis number of Junior Securities other than as to (a) repurchases of Common Stock
or Common Stock Equivalents from departing officers and directors, provided that, while any of the Preferred Stock remains outstanding,
such repurchases shall not exceed an aggregate of $100,000 from all officers and directors, or (b) solely in connection with Junior Securities
issued to employees, officers or directors of the Corporation for services rendered to the Corporation, Junior Securities in connection
with the satisfaction of the exercise price of compensatory Junior Securities or the satisfaction of tax withholding obligations;

 

    	24

    	 

    

 

vii.
the Corporation shall be party to a Change of Control Transaction or a Fundamental Transaction;

 

viii.
there shall have occurred a Bankruptcy Event;

 

ix.
the Common Stock shall fail to be listed or quoted for trading on a Trading Market for more than five Trading Days, which need not be
consecutive Trading Days;

 

x.
any monetary judgment, writ or similar final process shall be entered or filed against the Corporation, any subsidiary or any of their
respective property or other assets for more than $250,000, and such judgment, writ or similar final process shall remain unvacated,
unbonded or unstayed for a period of 60 calendar days;

 

xi.
the electronic transfer by the Corporation of shares of Common Stock through the Depository Trust Company or another established clearing
corporation is no longer available or is subject to a “chill”; or

 

xii.
there shall have occurred a Payables Litigation and such Payables Litigation shall remain unvacated, unbonded, and unstayed for a period
of 45 days.

 

    	25

    	 

    

 

b)
Upon the occurrence of a Triggering Event, each Holder shall (in addition to all other rights it may have hereunder or under applicable
law) have the right, exercisable at the sole option of such Holder, to require the Corporation to, (A) adjust the Conversion Price in
Section 6(b) such that (a) the language in clause (ii) of the definition of Conversion Price in Section 6(b) herein shall be changed
to “70% of the lowest VWAP of the Common Stock on a Trading Day during the ten (10) Trading Days prior to and ending on, and including,
the Conversion Date” and (b) on the Triggering Event Adjustment Date (as defined below), the 125% Conversion Price shall be reduced,
and only reduced, to the lesser of (i) the then 125% Conversion Price and (ii) 70% of the lowest VWAP of the Common Stock on a Trading
Day during the ten (10) Trading Days prior to and ending on, and including, the Triggering Event Adjustment Date (such period, the “Adjustment
Measurement Period”). For purposes herein, the “Triggering Event Adjustment Date” means the tenth (10th)
Trading Day following the Triggering Event. The Corporation shall notify each Holder of the applicable adjustment to the 125% Conversion
Price as of such Triggering Event Adjustment Date (the “Triggering Event Adjustment Notice”). For purposes of clarification,
whether or not the Corporation provides a Triggering Event Adjustment Notice pursuant to this Section 10(b), each Holder shall receive
a number of Conversion Shares and retain a number of shares of Preferred Stock based upon the Conversion Price as adjusted hereunder,
regardless of whether a Holder accurately refers to such price or number of shares of Preferred Stock in any Notice of Conversion. Any
adjustment to the 125% Conversion Price pursuant to this section shall be effective retroactively to the first Trading Day during each
Adjustment Measurement Period. Accordingly, with respect to Notices of Conversion effected during an Adjustment Measurement Period, in
the event that the 125% Conversion Price is reduced hereunder, within the earlier of (i) two (2) Trading Days and (ii) the Standard Settlement
Period immediately following the end of such Adjustment Measurement Period, the Corporation shall issue to the applicable Holder additional
Conversion Shares based a Conversion Price equal to the 125% Conversion Price as adjusted hereunder with respect to such Notices of Conversion.
If elected by the Holder, the Triggering Redemption Amount, in cash, shall be due and payable within five Trading Days of the date on
which the notice for the payment therefor is provided by a Holder (the “Triggering Redemption Payment Date”). If the
Corporation fails to pay in full the Triggering Redemption Amount hereunder on the date such amount is due in accordance with this Section,
the Corporation will pay interest thereon at a rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable
law, accruing daily from such date until the Triggering Redemption Amount, plus all such interest thereon, is paid in full. For purposes
of this Section, a share of Preferred Stock is outstanding until such date as the applicable Holder shall have received Conversion Shares
upon a conversion (or attempted conversion) thereof that meets the requirements hereof or has been paid the Triggering Redemption Amount
in cash.

 

Section
11. Miscellaneous.

 

a)
Notices. Any and all notices or other communications or deliveries to be provided by the Holders hereunder including, without
limitation, any Notice of Conversion, shall be in writing and delivered personally, by e-mail attachment, or sent by a nationally recognized
overnight courier service, addressed to the Corporation, at its principal executive offices, Attention: Scott Kaufman, Chief Executive
Officer, e-mail address scott@wizardbrands.com, or such other e-mail address or address as the Corporation may specify for such purposes
by notice to the Holders delivered in accordance with this Section 11. Any and all notices or other communications or deliveries to be
provided by the Corporation hereunder shall be in writing and delivered personally, by e-mail attachment, or sent by a nationally recognized
overnight courier service addressed to each Holder at the facsimile number, e-mail address or address of such Holder appearing on the
books of the Corporation, or if no such facsimile number, e-mail address or address appears on the books of the Corporation, at the principal
place of business of such Holder, as set forth in the Purchase Agreement. Any notice or other communication or deliveries hereunder shall
be deemed given and effective on the earliest of (i) the date of transmission, if such notice or communication is delivered via facsimile
at the facsimile number or e-mail attachment at the e-mail address set forth in this Section prior to 6:00 p.m. (New York City time)
on any date, (ii) the next Trading Day after the date of transmission, if such notice or communication is delivered via facsimile at
the facsimile number or e-mail attachment at the e-mail address set forth in this Section on a day that is not a Trading Day or later
than 6:00 p.m. (New York City time) on any Trading Day, (iii) the second Trading Day following the date of mailing, if sent by U.S. nationally
recognized overnight courier service, or (iv) upon actual receipt by the party to whom such notice is required to be given.

 

    	26

    	 

    

 

b)
Absolute Obligation. Except as expressly provided herein, no provision of this Certificate of Designation shall alter or impair
the obligation of the Corporation, which is absolute and unconditional, to pay liquidated damages, accrued dividends and accrued interest,
as applicable, on the shares of Preferred Stock at the time, place, and rate, and in the coin or currency, herein prescribed.

 

c)
Lost or Mutilated Preferred Stock Certificate. If a Holder’s Preferred Stock certificate shall be mutilated, lost, stolen
or destroyed, the Corporation shall execute and deliver, in exchange and substitution for and upon cancellation of a mutilated certificate,
or in lieu of or in substitution for a lost, stolen or destroyed certificate, a new certificate for the shares of Preferred Stock so
mutilated, lost, stolen or destroyed, but only upon receipt of evidence of such loss, theft or destruction of such certificate, and of
the ownership hereof reasonably satisfactory to the Corporation.

 

d)
Governing Law. All questions concerning the construction, validity, enforcement and interpretation of this Certificate of Designation
shall be governed by and construed and enforced in accordance with the internal laws of the State of New York, without regard to the
principles of conflicts of law thereof (other than Section 5-1401 of the General Obligations Law). All legal proceedings concerning the
interpretation, enforcement and defense of the transactions contemplated by any of the Transaction Documents (whether brought against
a party hereto or its respective Affiliates, directors, officers, shareholders, employees or agents) shall be commenced in the state
and federal courts sitting in the City of New York, Borough of Manhattan (the “New York Courts”). The Corporation
and each Holder hereby irrevocably submits to the exclusive jurisdiction of the New York Courts for the adjudication of any dispute hereunder
or in connection herewith or with any transaction contemplated hereby or discussed herein (including with respect to the enforcement
of any of the Transaction Documents), and hereby irrevocably waives, and agrees not to assert in any suit, action or proceeding, any
claim that it is not personally subject to the jurisdiction of such New York Courts, or such New York Courts are improper or inconvenient
venue for such proceeding. The Corporation and each Holder hereby irrevocably waives personal service of process and consents to process
being served in any such suit, action or proceeding by mailing a copy thereof via registered or certified mail or overnight delivery
(with evidence of delivery) to such party at the address in effect for notices to it under this Certificate of Designation and agrees
that such service shall constitute good and sufficient service of process and notice thereof. Nothing contained herein shall be deemed
to limit in any way any right to serve process in any other manner permitted by applicable law. The Corporation and each Holder hereto
hereby irrevocably waives, to the fullest extent permitted by applicable law, any and all right to trial by jury in any legal proceeding
arising out of or relating to this Certificate of Designation or the transactions contemplated hereby. If the Corporation or any Holder
shall commence an action or proceeding to enforce any provisions of this Certificate of Designation, then the prevailing party in such
action or proceeding shall be reimbursed by the other party for its attorneys’ fees and other costs and expenses incurred in the
investigation, preparation and prosecution of such action or proceeding.

 

    	27

    	 

    

 

e)
Waiver. Any waiver by the Corporation or a Holder of a breach of any provision of this Certificate of Designation shall not operate
as or be construed to be a waiver of any other breach of such provision or of any breach of any other provision of this Certificate of
Designation or a waiver by any other Holders. The failure of the Corporation or a Holder to insist upon strict adherence to any term
of this Certificate of Designation on one or more occasions shall not be considered a waiver or deprive that party (or any other Holder)
of the right thereafter to insist upon strict adherence to that term or any other term of this Certificate of Designation on any other
occasion. Any waiver by the Corporation or a Holder must be in writing.

 

f)
Severability. If any provision of this Certificate of Designation is invalid, illegal or unenforceable, the balance of this Certificate
of Designation shall remain in effect, and if any provision is inapplicable to any Person or circumstance, it shall nevertheless remain
applicable to all other Persons and circumstances. If it shall be found that any interest or other amount deemed interest due hereunder
violates the applicable law governing usury, the applicable rate of interest due hereunder shall automatically be lowered to equal the
maximum rate of interest permitted under applicable law.

 

g)
Next Business Day. Whenever any payment or other obligation hereunder shall be due on a day other than a Business Day, such payment
shall be made on the next succeeding Business Day.

 

h)
Headings. The headings contained herein are for convenience only, do not constitute a part of this Certificate of Designation
and shall not be deemed to limit or affect any of the provisions hereof.

 

i)
Status of Converted or Redeemed Preferred Stock. Shares of Preferred Stock may only be issued pursuant to the Purchase Agreement.
If any shares of Preferred Stock shall be converted, redeemed or reacquired by the Corporation, such shares shall resume the status of
authorized but unissued shares of preferred stock and shall no longer be designated as Series B Preferred Stock.

 

*********************

 

    	28

    	 

    

 

RESOLVED,
FURTHER, that the Chairman, the president or any vice-president, and the secretary or any assistant secretary, of the Corporation be
and they hereby are authorized and directed to prepare and file this Amended and Restated Certificate of Designation of Preferences,
Rights and Limitations in accordance with the foregoing resolution and the provisions of Delaware law.

 

IN
WITNESS WHEREOF, the undersigned have executed this Certificate this 16th day of July 2021.

 

	/s/
Scott Kaufman	  
	Name:	Scott
    Kaufman	 
	Title:	Chief
    Executive Officer	 

 

    	29

    	 

    

 

ANNEX
A

 

NOTICE
OF CONVERSION

 

(To
be Executed by the Registered Holder in order to Convert Shares of Preferred Stock)

 

The
undersigned hereby elects to convert the number of shares of Series B Preferred Stock indicated below into shares of Class A common stock,
par value $0.0001 per share (the “Common Stock”), of Creek Road Miners, Inc. (f/k/a Wizard Brands, Inc.), a Delaware
corporation (the “Corporation”), according to the conditions hereof, as of the date written below. If shares of Common
Stock are to be issued in the name of a Person other than the undersigned, the undersigned will pay all transfer taxes payable with respect
thereto. No fee will be charged to the Holders for any conversion, except for any such transfer taxes.

 

Conversion
calculations:

 

Date
to Effect Conversion: _____________________________________________

 

Number
of shares of Preferred Stock owned prior to Conversion: _______________

 

Number
of shares of Preferred Stock to be Converted: ________________________

 

Stated
Value of shares of Preferred Stock to be Converted: $____________________

 

Accrued
Dividends Included in Stated Value of shares of Preferred Stock to be Converted: $__________

 

Number
of shares of Common Stock to be Issued: ___________________________

 

Applicable
Conversion Price: $____________________________________________

 

Number
of shares of Preferred Stock subsequent to Conversion: ________________

 

Address
for Delivery: ______________________

or

DWAC
Instructions:

Broker
no: _________

Account
no: ___________

 

	 	HOLDER
	 	 
	 	By:	         
	 	Name:	 
	 	Title:	 

 

    	30

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