Document:

Exhibit 4.2

 

SUBSCRIPTION AGREEMENT

 

 

Players Network

1771 East Flamingo Road suite 201A

Las Vegas, Nevada 89119

 

Gentlemen:

 

The undersigned understands
that Players Network, a Nevada corporation (the "Company"), is offering for sale shares of its common stock, par
value $.001 per share ("Shares") of the Company’s common stock on the terms and conditions set forth in
this Subscription Agreement. The undersigned further understands that the offer and sale of the Shares being made without registration
under the Securities Act of 1933, as amended (the "Securities Act").

 

1.         1.1     Authorization. On or prior to the Closing, the Company shall have authorized: (a) the sale
and issuance to the Purchaser of the Shares and the Warrants (collectively, the “Securities”); and (b) the sale
and issuance of the shares of Common Stock issuable upon exercise of the Warrants (the “Warrant Shares”).

 

2.         1.2     Sale and Issuance. Subject to the terms and conditions set forth in this Agreement, the
Purchaser agrees to purchase at the Closing, and the Company agrees to sell and issue to the Purchaser at the Closing, for an aggregate
purchase price of One Hundred and Fifty Thousand Dollars ($150,000),

 

3.         1.3     Acceptance of Subscription and Issuance of the Securities. It is understood and agreed
that the Company shall have the right to accept or reject this subscription in its sole discretion. Notwithstanding anything in
this Agreement to the contrary, the Company shall have no obligation to sell any Securities to any person who is a resident of
a jurisdiction in which the sale or issuance of the Securities would constitute a violation of the securities, "blue sky"
or other similar laws of such jurisdiction (collectively referred to as the "State Securities laws").

 

4.        
1.4     Payment for the Securities. At the Closing the Company shall deliver to the Purchaser a
certificate or certificates, registered in the name of the Purchaser as set forth in Schedule 2.4, representing the shares of Common
Stock and a certificate, substantially in the form of Exhibit A, representing the Warrant that the Purchaser is purchasing,
against the purchase price therefor.

 

5.         1.5     Representations and Warranties of the Company. The Company represents and warrants that:

 

a.         (a)     Organization, Good Standing and Qualification. The Company is a corporation duly organized,
validly existing and in good standing under the laws of the State of Nevada and has all requisite corporate power and authority
to own and operate its properties and to carry on its business as now conducted and as proposed to be conducted. The Company is
duly qualified to transact business and is in good standing in each jurisdiction in which qualification is required, except where
the failure to so qualify, individually or in the aggregate, would not have a Material Adverse Effect.

 

    	1

    	 

    

 

 

b.        
(b)     Capitalization. The authorized capital of the Company consists, or will consist immediately
prior to the Initial Closing, of (a) 25,000,000 shares of Preferred Stock, par value $0.001 (the "Preferred Stock"),
of which (i) 2,000,000 shares have been designated Series A Preferred Stock, and (ii) 8,600,000 shares have been designated Series
B Preferred Stock, none of which are outstanding and (b) 600,000,000 shares of common stock, par value $0.001 ("Common Stock"),
of which approximately 110,000,000 shares are issued and outstanding. No Person has any right of first refusal, preemptive right,
right of participation, or any similar right to participate in the transactions contemplated by the Transaction Documents. As of
the Initial Closing Date, except as a result of the purchase and sale of the Securities and for stock options issued by the Company
to its employees, directors and consultants, there are no outstanding options, warrants, script rights to subscribe to, calls or
commitments of any character whatsoever relating to, or securities, rights or obligations convertible into or exchangeable for,
or giving any Person any right to subscribe for or acquire, any shares of Common Stock, or contracts, commitments, understandings
or arrangements by which the Company is or may become bound to issue additional shares of Common Stock or securities convertible
into or exercisable for shares of Common Stock. All of the outstanding shares of capital stock of the Company are validly issued,
fully paid and non-assessable, have been issued in compliance with all U.S. federal and state securities laws, and none of such
outstanding shares was issued in violation of any preemptive rights or similar rights to subscribe for or purchase securities.

 

c.        
(c)     SEC Reports; Financial Statements. The Company has filed all required SEC Reports for the
two years preceding the Initial Closing Date (or such shorter period as the Company was required by law to file such material).
As of their respective dates, the SEC Reports complied in all material respects with the requirements of the Securities Act and
the Exchange Act and the rules and regulations of the SEC promulgated there under, as applicable, and none of the SEC Reports,
when filed, contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein
or necessary in order to make the statements therein, in light of the circumstances under which they were made, not misleading.
The financial statements of the Company included in the SEC Reports comply in all material respects with applicable accounting
requirements and the rules and regulations of the SEC with respect thereto as in effect at the time of filing. Such financial statements
have been prepared in accordance with GAAP, except as may be otherwise specified in such financial statements or the notes thereto
and except that unaudited financial statements may not contain all footnotes required by GAAP, and fairly present in all material
respects the financial position of the Company and its consolidated Subsidiaries as of and for the dates thereof and the results
of operations and cash flows for the periods then ended, subject, in the case of unaudited statements, to normal, immaterial, year-end
audit adjustments.

 

d.        
(d)     Authorization. The Company has all requisite power and authority to execute, deliver and
perform its obligations under the Transaction Documents. All corporate action on the part of the Company and its officers, directors
and stockholders necessary for the authorization, execution and delivery of the Transaction Documents and the performance of all
obligations of the Company hereunder and thereunder, and the authorization, issuance, sale and delivery of the Shares and the Warrants
pursuant to this Agreement, and the Warrant Shares pursuant to the Warrants, has been taken or will be taken prior to the Closing.
The Transaction Documents have been duly executed and delivered by the Company, and assuming that they have been duly executed
and delivered by any party thereto other than the Company or its affiliates, constitute valid and legally binding obligations of
the Company, enforceable against the Company in accordance with their respective terms, except (a) as limited by applicable bankruptcy,
insolvency, reorganization, moratorium and other laws of general application affecting enforcement of creditors’ rights generally,
(b) as limited by laws relating to the availability of specific performance, injunctive relief or other equitable remedies, limited
by applicable federal or state securities laws or the public policy underlying such laws.

 

    	2

    	 

    

 

 

e.         (e)      Valid Issuance of Shares and Warrant Shares. The Shares and Warrant Shares have been duly
authorized and, when issued, sold and delivered in accordance with the terms of this Agreement for the consideration set forth
herein, and with respect to the Warrant Shares, when issued, sold and delivered in accordance with the terms of this Agreement
and the Warrants for the consideration set forth in the Warrants will be duly and validly issued, fully paid, and nonassessable
and free of all Liens and restrictions on transfer other than the restrictions on transfer contained in this Agreement, and under
applicable state and federal securities laws. No further approval of the security holders or the Board of Directors of the Company
will be required for the issuance and sale of the Securities and the Warrant Shares to be sold as contemplated herein and in the
Warrants, respectively.

 

f.         
(f)      Offering. Subject in part to the truth and accuracy of the Purchaser’s representations
set forth in this Agreement, the offer, sale and issuance of the Shares, the Warrants, the Warrant Shares and the Conversion Shares
will be exempt from the registration requirements of the Securities Act, and are exempt from registration and qualification under
the registration, permit or qualification requirements of all applicable securities laws of any state of the United States.

 

g.        
(g)     Material Changes. Since the date of the latest audited financial statements included within
the SEC Reports, except as disclosed in the SEC Reports, (a) there has been no event, occurrence or development that has had or
that would reasonably be expected to result in a Material Adverse Effect, (b) the Company has not incurred any liabilities (contingent
or otherwise) other than (i) trade payables and accrued expenses incurred in the ordinary course of business consistent with past
practice and (ii) liabilities not required to be reflected in the Company’s financial statements pursuant to GAAP or required
to be disclosed in filings made with the SEC, (c) the Company has not altered its method of accounting, (d) the Company has not
declared or made any dividend or distribution of cash or other property to its stockholders or purchased, redeemed or made any
agreements to purchase or redeem any shares of its capital stock and (e) the Company has not issued any equity securities to any
officer, director or Affiliate, except pursuant to existing Company equity incentive plans. The Company does not have pending before
the SEC any request for confidential treatment of information.

 

h.        
(h)     Litigation. There is no action, suit, inquiry, notice of violation, proceeding or investigation
pending or, to the knowledge of the Company, threatened against or affecting the Company, any of its directors, officers or employees
or any of its properties before or by any court, arbitrator, governmental or administrative agency or regulatory authority (federal,
state, county, local or foreign) (collectively, an “Action”), which (a) adversely affects or challenges the
legality, validity or enforceability of any of the Transaction Documents or the Securities or the transactions contemplated by
the Transaction Documents, or (b) would, if there were an unfavorable decision, have or reasonably be expected to result in, individually
or in the aggregate, a Material Adverse Effect.

 

    	3

    	 

    

 

i.           (i)      Compliance. The Company (a) is not in default under or in violation of (and, to the Company’s
knowledge, no event has occurred that has not been waived that, with notice or lapse of time or both, would result in a default
by the Company under), nor has the Company received written notice of a claim that it is in default under or that it is in violation
of, any indenture, loan or credit agreement or any other similar agreement or instrument to which it is a party or by which it
or any of its properties is bound (whether or not such default or violation has been waived) or any material contract filed by
the Company with the SEC pursuant to the Securities Act, the Exchange Act or the rules and regulations promulgated thereunder,
(b) is in violation of any order of any court, arbitrator or governmental body applicable to the Company, (c) is or has been in
violation of any statute, rule or regulation of any governmental authority applicable to the Company, including without limitation
all foreign, federal, state and local laws applicable to its business.

 

j.           (j)      Title to Assets. The Company has good and marketable title in fee simple to all real property
owned by it that is material to the business of the Company and good and marketable title in all personal property owned by it
that is material to the business of the Company, in each case free and clear of all Liens, except for Liens as do not materially
affect the value of such property and do not materially interfere with the use made and proposed to be made of such property by
the Company and Liens for the payment of federal, state or other taxes, the payment of which is neither delinquent nor subject
to penalties. Any real property and facilities held under lease by the Company are held under valid, subsisting and enforceable
leases of which the Company is in compliance.

 

k.         (k)      Patents and Trademarks. The Company owns, or has rights to use, all patents, patent applications,
trademarks, trademark applications, service marks, trade names, copyrights, licenses and other similar rights that are necessary
or material for use in connection with its business as described in the SEC Reports and which the failure to so have would, individually
or in the aggregate, have a Material Adverse Effect (collectively, the “Intellectual Property Rights”). The
Company has not received a written notice that the Intellectual Property Rights used by the Company violates or infringes upon
the rights of any Person. To the knowledge of the Company, all such Intellectual Property Rights are enforceable and there is no
existing infringement by another Person of any of the Intellectual Property Rights of the Company.

 

l.          (l)      Regulatory Permits. The Company possesses all certificates, authorizations and permits
issued by the appropriate federal, state, local or foreign regulatory authorities necessary to conduct its business as described
in the SEC Reports, except where the failure to possess such permits would not, individually or in the aggregate, have or reasonably
be expected to result in a Material Adverse Effect (“Material Permits”), and the Company has not received any
written notice of proceedings relating to the revocation or modification of any Material Permit.

 

    	4

    	 

    

 

m.      
(m)     Transactions with Affiliates and Employees. Except as set forth in the SEC Reports, none
of the officers or directors of the Company and, to the knowledge of the Company, none of the employees of the Company, is presently
a party to any transaction with the Company or any Subsidiary (other than for services as employees, officers and directors), including
any contract, agreement or other arrangement providing for the furnishing of services to or by, providing for rental of real or
personal property to or from, or otherwise requiring payments to or from any officer, director or such employee or, to the knowledge
of the Company, any entity in which any officer, director, or any such employee has a substantial interest or is an officer, director,
trustee or partner, in each case in excess of $120,000 other than (a) for payment of salary or consulting fees for services rendered,
(b) reimbursement for expenses incurred on behalf of the Company and (c) for other employee benefits, including stock option agreements
under any equity incentive plan of the Company.

 

n.        
(n)     Sarbanes-Oxley; Internal Accounting Controls. The Company is in material compliance with
all provisions of the Sarbanes-Oxley Act of 2002 which are applicable to it as of the Initial Closing Date. The Company maintains
a system of internal accounting controls sufficient to provide reasonable assurance that (a) transactions are executed in accordance
with management’s general or specific authorizations, (b) transactions are recorded as necessary to permit preparation of
financial statements in conformity with GAAP and to maintain asset accountability, (c) access to assets is permitted only in accordance
with management’s general or specific authorization, and (d) the recorded accountability for assets is compared with the
existing assets at reasonable intervals and appropriate action is taken with respect to any differences. The Company has established
disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the Company and designed such
disclosure controls and procedures to ensure that material information relating to the Company is made known to the certifying
officers by others within those entities, particularly during the period in which the Company’s most recently filed periodic
report under the Exchange Act, as the case may be, is being prepared. The Company’s certifying officers have evaluated the
effectiveness of the Company’s controls and procedures as of the date prior to the filing date of the most recently filed
periodic report under the Exchange Act (such date, the “Evaluation Date”). The Company presented in its most
recently filed periodic report under the Exchange Act the conclusions of the certifying officers about the effectiveness of the
disclosure controls and procedures based on their evaluations as of the Evaluation Date. Since the Evaluation Date, there have
been no significant changes in the Company’s internal controls (as such term is defined in Item 307(b) of Regulation S-K
under the Exchange Act) or, to the Company’s knowledge, in other factors that could materially affect the Company’s
internal controls.

 

o.        
(o)     Disclosure. The Company has provided the Purchaser with all the information that the Purchaser
has requested for deciding whether to purchase the Series B Preferred Stock.

 

p.        
(p)     Registration Rights. Except as provided in the Investor’s Rights Agreement the Company
has not granted or agreed to grant any registration rights, including piggyback rights, to any person or entity.

 

q.        
(q)     Corporate Documents. Except for amendments necessary to satisfy representations and warranties
or conditions contained herein (the form of which amendments has been approved by the Purchaser), the Articles of Incorporation
and Bylaws of the Company are in the form previously provided to the Purchaser.

 

    	5

    	 

    

 

r.          
(r)     Tax Status. The Company has made or filed all federal, state and foreign income and all
other tax returns, reports and declarations required by any jurisdiction to which it is subject (unless and only to the extent
that the Company has set aside on its books provisions reasonably adequate for the payment of all unpaid and unreported taxes)
and has paid all taxes and other governmental assessments and charges that are material in amount, shown or determined to be due
on such returns, reports and declarations, except those being contested in good faith and has set aside on its books provisions
reasonably adequate for the payment of all taxes for periods subsequent to the periods to which such returns, reports or declarations
apply. There are no unpaid taxes in any material amount claimed to be due by the taxing authority of any jurisdiction, and the
officers of the Company know of no basis for any such claim. The Company has not executed a waiver with respect to the statute
of limitations relating to the assessment or collection of any foreign, federal, state or local tax. None of the Company’s
tax returns is presently being audited by any taxing authority.

 

s.         
(s)     Investment Company. The Company is not, and is not an affiliate of, and immediately after
receipt of payment for the Securities, will not be or be an affiliate of, an “investment company” within the meaning
of the Investment Company Act of 1940, as amended. The Company shall conduct its business in a manner so that it will not become
subject to the Investment Company Act.

 

t.          (t)      Insurance. The Company maintains insurance underwritten by insurers of recognized financial
responsibility, of the types and in the amounts that the Company reasonably believes is adequate for its business as currently
conducted, including, but not limited to, insurance covering all real and personal property owned or leased by the Company against
theft, damage, destruction, acts of vandalism and all other risks customarily insured against, with such deductibles as are customary
for companies in the same or similar business, all of which insurance is in full force and effect.

 

u.         (u)     Related Party Transactions. Except as set forth in the SEC Reports, no transaction has
occurred between or among the Company, on the one hand, and its affiliates, officers or directors on the other hand.

 

v.         (v)     Foreign Corrupt Practices. Neither the Company, nor, to the knowledge of the Company, any
director, officer, agent, employee or other Person acting on behalf of the Company has, in the course of its actions for, or on
behalf of, the Company

 

w.        (w)     Full Disclosure. No representation or warranty of the Company made in this Agreement and
the Investor’s Rights Agreement, including any schedules or exhibits hereto or thereto, contains or will contain any untrue
statement of a material fact or omits or will omit to state a material fact necessary to make the statements or facts contained
herein or therein not misleading.

 

6.                  
1.6     Representations and Warranties of the Undersigned. The undersigned hereby represents and
warrants to the Company and to each officer, director, controlling person and agent of the Company that:

 

    	6

    	 

    

 

 

a.         
(a)     Organization; Validity; Enforcements. (a) The Purchaser has power, authority and capacity
to enter into this Agreement and to consummate the transactions contemplated hereby, (b) the making and performance of this Agreement
by the Purchaser and the consummation of the transactions herein and therein contemplated will not violate or conflict with, result
in the breach or violation of, or constitute, either by itself or upon notice or the passage of time or both, a default under any
material agreement, mortgage, deed of trust, lease, franchise, license, indenture, permit or other instrument to which the Purchaser
is a party, or any statute or any authorization, judgment, decree, order, rule or regulation of any court or any regulatory body,
administrative agency or other governmental agency or body applicable to the Purchaser, (c) no consent, approval, authorization
or other order of any court, regulatory body, administrative agency or other governmental agency or body is required on the part
of the Purchaser for the execution and delivery of this Agreement or the consummation of the transactions contemplated by this
Agreement, (d) upon the execution and delivery of this Agreement, this Agreement shall constitute a legal, valid and binding obligation
of the Purchaser, enforceable in accordance with their terms, except (i) as limited by applicable bankruptcy, insolvency, reorganization,
moratorium and other laws of general application affecting enforcement of creditors’ rights generally, (ii) as limited by
laws relating to the availability of specific performance, injunctive relief or other equitable remedies.

 

b.         (b)     Purchase Entirely for Own Account. The Securities are being acquired for investment for
the Purchaser’s own account, not as a nominee or agent and not with a view to the resale or distribution of any part thereof.

 

c.         
(c)     Information. The Purchaser and his advisors, if any, have been furnished with all materials
relating to the business, finances and operations of the Company and materials relating to the offer and sale of the Securities
which have been requested by the Purchaser. The Purchaser and his advisors, if any, have been afforded the opportunity to ask questions
of the Company; provided, however, that neither such inquiries nor any other due diligence investigations conducted by the Purchaser
or his representatives shall modify, amend or affect the Purchaser’s right to rely on the Company’s representations
and warranties contained in Section 3. The Purchaser has sought such accounting, legal and tax advice as he has considered necessary
to make an informed investment decision with respect to his acquisition of the Securities.

 

d.        
(d)     Investment Experience. The Purchaser understands that the purchase of the Securities involves
substantial risk. The Purchaser is an investor in securities of companies in the developmental stage and acknowledges that he can
bear the economic risk of his investment and has such knowledge and experience in financial or business matters that he is capable
of evaluating the merits and risks of its investment in the Securities. The Purchaser has undertaken an independent analysis of
the merits and the risks of an investment in the Securities, based on the Purchaser’s own financial circumstances.

 

e.         
(e)     No General Solicitation. The Purchaser acknowledges that he has not seen, received, been
presented with, or been solicited by any leaflet, public promotional meeting, newspaper or magazine article or advertisement, radio
or television advertisement, or any other form of advertising or general solicitation with respect to the Securities.

 

f.         
(f)      Accredited Purchaser. The Purchaser is an “accredited investor” within the
meaning of SEC Rule 501 of Regulation D, as presently in effect and Purchaser has executed the Certificate of Accredited Investor
Status, attached hereto as Exhibit D.

 

    	7

    	 

    

 

 

g.        
(g)     Restricted Securities. The Purchaser understands that the Securities are characterized
as “restricted securities” under the federal securities laws inasmuch as they are being acquired from the Company in
a transaction not involving a public offering and that under such laws and applicable regulations such securities may be resold
without registration under the Securities Act only in certain limited circumstances. In this connection, the Purchaser represents
that he is familiar with SEC Rule 144, as presently in effect, and understands the resale limitations imposed thereby. The Purchaser
will not, directly or indirectly, offer, sell, pledge, transfer or otherwise dispose of (or solicit any offers to buy, purchase
or otherwise acquire or take a pledge of) any of the Securities, nor will the Purchaser engage in any short sale that results in
a disposition of any of the Securities by the Purchaser, except in compliance with the Securities Act and the rules and regulations
promulgated thereunder and any applicable state securities law.

 

h.        
(h)     Consultation With Own Attorney. The Purchaser has been advised to consult with his own
attorney or attorneys regarding all legal matters concerning an investment in the Company and the tax consequences of purchasing
the Securities, and has done so, to the extent Purchaser considers necessary.

 

i.          (i)       Tax Consequences. The Purchaser acknowledges that the tax consequences of investing in
the Company will depend on particular circumstances, and neither the Company, the Company’s officers, any other investors,
nor the partners, shareholders, members, managers, agents, officers, directors, employees, affiliates or consultants of any of
them, will be responsible or liable for the tax consequences to Purchaser of an investment in the Company. The Purchaser will look
solely to and rely upon his own advisers with respect to the tax consequences of this investment.

 

j.           (j)      Information Provided by Purchaser. All information which the Purchaser has provided to
the Company concerning the Purchaser, his financial position and his knowledge of financial and business matters, and any information
found in the Certificate of Accredited Investor Status, is truthful, accurate, correct, and complete as of the date set forth herein
or therein.

 

k.        
(k)      Legends. The Purchaser understands that, at all times until such time as (a) a registration
statement registering the Shares and the Warrant Shares has been declared effective or (b) the Shares and Warrant Shares may be
sold pursuant to Rule 144 under the Securities Act without any restriction as to the number of securities as of a particular date
that can then be immediately sold, the Shares and the Warrant Shares will bear a restrictive legend in substantially the following
form:

 

“NEITHER THESE
SECURITIES NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE CONVERTIBLE OR EXERCISABLE HAVE BEEN REGISTERED UNDER THE SECURITIES
ACT OF 1933, AS AMENDED. THEY MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF A REGISTRATION STATEMENT
IN EFFECT WITH RESPECT TO THE SECURITIES UNDER SUCH ACT OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION
IS NOT REQUIRED UNDER SUCH ACT OR APPLICABLE STATE SECURITIES LAWS OR UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT.”

 

    	8

    	 

    

 

 

a.         
(l)     Reliance on Exemptions. The Purchaser understands that the Securities are being offered
and sold to him in reliance upon specific exemptions from the registration requirements of the Securities Act, the rules and regulations
promulgated thereunder and state securities laws and that the Company is relying upon the truth and accuracy of, and the Purchaser’s
compliance with, the representations, warranties, agreements, acknowledgments and understandings of the Purchaser set forth herein
in order to determine the availability of such exemptions and the eligibility of the Purchaser to acquire the Securities.

 

b.        
(m)     No Government Review. The Purchaser understands that no United States federal or state
agency or any other government or governmental agency has passed upon or made any recommendation or endorsement of the Securities.

 

2.                 
1.7     Waiver, Amendment. Neither this Agreement nor any provisions hereof shall be modified,
changed, discharged or terminated except by an instrument in writing signed by the party against whom any waiver, change, discharge
or termination is sought.

 

3.                 
1.8     Assignability. Neither this Agreement nor any right, remedy, obligation or liability arising
hereunder or by reason hereof shall be assignable by either the Company or the undersigned without the prior written consent of
the other party.

 

4.                   1.9       Applicable Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE
LAW OF THE STATE OF NEVADA, REGARDLESS OF THE LAW THAT MIGHT BE APPLIED UNDER PRINCIPLES OF CONFLICTS OF LAW.

 

5.                   1.10     Section and Other Headings. The section and other headings contained in this Agreement
are for reference purposes only and shall not affect the meaning or interpretation of this Agreement.

 

6.                   1.11     Counterparts. This Agreement may be executed in any number of counterparts, each of which
when so executed and delivered shall be deemed to be an original and all of which together shall be deemed to be one and the same
agreement.

 

7.                   1.12     Notices. All notices and other communications provided for herein shall be in writing
and shall be deemed to have been duly given if delivered personally or sent by registered or certified mail, return receipt requested,
postage prepaid:

 

a.                  
(a)   If to the Company, to it at the following address:

Players Network

1771 East Flamingo Rd 201A

Las Vegas, Nevada 89119

Attention: CEO

 

a.                  
(b)  If to the undersigned, to him at the address set forth on the signature page hereto; or at such
other address as either party shall have specified by notice in writing to the other.

 

    	9

    	 

    

 

 

2.                   1.13     Binding Effect. The provisions of this Agreement shall be binding upon and accrue to the
benefit of the parties hereto and their respective heirs, legal representatives, successors and assigns.

 

3.                   1.14     Indemnification. The undersigned acknowledges that he understands the meaning and legal
consequences of the representations, warranties, and covenants set forth herein and that the Company has relied and will rely upon
such representations, warranties and covenants. Therefore, he hereby agrees to indemnify and hold harmless the Company and the
officers, directors, controlling persons and agents of the Company from and against any and all loss, claim, damage, liability
or expense, and any action in respect thereof, joint or several, to which any such person may become subject, due to or arising
out a breach of any such representation, warranty, or covenant, together with all reasonable costs and expenses (including attorneys'
fees) incurred by any such person in connection with any action, suit, proceeding, demand, assessment, or judgment incident to
any of the matters so indemnified against.

 

4.                   1.15     Survival. All representations, warranties and covenants contained in this Agreement and
the indemnification contained in Section 1.14 shall survive (i) the acceptance of the subscription by the Company and
(ii) the death or disability of the undersigned.

 

5.                 
1.16     Notification of Changes. The undersigned hereby covenants and agrees to notify the Company
upon the occurrence of any event prior to the closing of the purchase of the Securities pursuant to this Agreement that would cause
any representation, warranty, or covenant of the undersigned contained in this Agreement to be false or incorrect.

 

IN WITNESS WHEREOF,
the undersigned has executed this Subscription

 

Agreement this _____ day of ______________________,
2013

 

 

_________________________________

Signature

 

_________________________________

Print Name

 

_________________________________

Number and Street

 

_________________________________

City, State and Zip

 

 

________________________________

SS# or Tax ID

 

 

Accepted as of

 

______________________ _____, 2013

 

Players Network

 

By_________________________________

 

 

    	10

    	 

    

 

Accredited Investor Certification

 

Please check response A or B as appropriate:

 

_____A.  I
am not an accredited investor.

 

_____B.  I am an accredited investor because I am (please check the appropriate response):

 

_____I have
an individual net worth (or joint net worth with spouse) in excess of $1,000,000; or

 

_____I had
an individual income (not including any amounts attributable to spouse or to property owned by spouse) of more than $200,000 in
each of the previous two calendar years and a reasonable expectation to reach the same income level in the current year; or I had
a joint income with spouse in excess of $300,000 in each of the previous two calendar years and a reasonable expectation to reach
the same income level in the current year; or

 

_____I am a bank
or savings and loan association, whether acting in its individual or fiduciary capacity; or

 

_____I am a
broker-dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934; or

 

_____I am an
insurance company; or

 

_____I am an
investment company registered under the Investment Company Act of 1940, as amended, or a business development company as defined
in said Act; or

 

_____I am a Small
Business Investment Company licensed by the U.S. Small Business Administration; or

 

_____I am a
plan established and maintained by a state, its political subdivisions or any agency or instrumentality thereof, for the benefit
of its employees, if such plan has total assets in excess of $5,000,000; or

 

_____I am an
employee benefit plan within the meaning of Title I of the Employment Retirement Income Security Act of 1974 (“ERISA”),
if the investment decision with respect to this investment is made by a plan fiduciary which is either a bank, savings and loan
association, insurance company or registered investment advisor, or if the employee benefit plan has total assets in excess of
$5,000,000, or if a self-directed plan, its investment decisions are made solely by persons who are accredited investors; or

 

_____I am a private
business development company as defined in the Investment Advisors Act of 1940, as amended; or

 

    	11

    	 

    

 

 

_____I am a
corporation, Massachusetts or similar business trust or partnership, or any tax exempt organization as defined in Section 501(c)(3)
of the Internal Revenue Code, not formed for the specific purpose of acquiring Investor Securities, with the total assets in excess
of $5,000,000; or

 

_____I am a trust
with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring Investor Securities, whose purchase
is directed.

 

IN WITNESS WHEREOF,
the undersigned has executed this Accredited Investor

 

Certification this _____ day of ______________________,
2013

 

 

_________________________________

Signature

 

_________________________________

Print Name

 

 

 

    	12Exhibit 4.3

 

THIS WARRANT AND THE SHARES ISSUABLE
UPON THE EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. EXCEPT AS OTHERWISE SET
FORTH HEREIN OR IN A SECURITIES PURCHASE SUBSCRIPTION AGREEMENT DATED AS OF DECEMBER 3, 2013, NEITHER THIS WARRANT NOR ANY OF SUCH
SHARES MAY BE SOLD, TRANSFERRED OR ASSIGNED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER SAID
ACT OR, AN OPINION OF COUNSEL, IN FORM, SUBSTANCE AND SCOPE, CUSTOMARY FOR OPINIONS OF COUNSEL IN COMPARABLE TRANSACTIONS, THAT
REGISTRATION IS NOT REQUIRED UNDER SUCH ACT OR UNLESS SOLD PURSUANT TO RULE 144 UNDER SUCH ACT. ANY SUCH SALE, ASSIGNMENT OR TRANSFER
MUST ALSO COMPLY WITH APPLICABLE STATE SECURITIES LAWS.

 

WARRANT CERTIFICATE – PNTV 0015,
NUMBER OF WARRANTS: 8,500,000

 

ISSUE DATE 12-03-2013 EXERCISE / TERMINATION
DATE 12-02-2023

 

Right to Purchase a
the number of Warrant Shares shown above up to 8,500,000 Shares of Common Stock, par value $0.001 per share, subject to the terms
and conditions herein.

 

STOCK PURCHASE WARRANT

 

THIS CERTIFIES THAT,
for value received, “—LYLE A BERMAN IRREVOCABLE TRUST—” or his registered assigns, is entitled to purchase
from PLAYERS NETWORK, A NEVADA CORPORATION, (the "Company"), at any time or from time to time during the period specified
in Paragraph 2 hereof, up to Eight Million Five Hundred Thousand (8,500,000) fully paid and non-assessable shares of the Company's
Common Stock, par value $0.001 per share (the "Common Stock"), at an exercise price of $0.04 per share (the "Exercise
Price"). The term "Warrant Shares", as used herein, refers to the shares of Common Stock purchasable hereunder,
the number of which shall not be more than the number of shares purchased under that certain Securities Purchase Subscription Agreement,
dated December 3, 2013. The Warrant Shares and the Exercise Price are subject to adjustment as provided in Paragraph 4 hereof.
The term Warrants means this Warrant issued pursuant to the aforementioned Securities Purchase Subscription Agreement, by and among
the Company and the Buyers listed on the execution page thereof.

 

This Warrant is callable
by the company subject to the following terms, provisions, and conditions:

 

1.    MANNER OF EXERCISE;
ISSUANCE OF CERTIFICATES; PAYMENT FOR SHARES.

 

(a)     Subject
to the provisions hereof, this Warrant may be exercised by the holder hereof, in whole or in part, by the surrender of this Warrant,
together with a completed exercise agreement in the form attached hereto (the "Exercise Agreement"), to the Company during
normal business hours on any business day at the Company's principal executive offices (or such other office or agency of the Company
as it may designate by notice to the holder hereof), and upon (i) payment to the Company in cash, by certified or official bank
check or by wire transfer for the account of the Company of the Exercise Price for the Warrant Shares specified in the Exercise
Agreement. The Warrant Shares so purchased shall be deemed to be issued to the holder hereof or such holder's designee, as the
record owner of such shares, as of the close of business on the date on which this Warrant shall have been surrendered, the completed
Exercise Agreement shall have been delivered, and payment shall have been made for such shares as set forth above. Certificates
for the Warrant Shares so purchased, representing the aggregate number of shares specified in the Exercise Agreement, shall be
delivered to the holder hereof within a reasonable time, not exceeding ten (10) business days, after this Warrant shall have been
so exercised. The certificates so delivered shall be in such denominations as may be requested by the holder hereof and shall be
registered in the name of such holder or such other name as shall be designated by such holder. If this Warrant shall have been
exercised only in part, then, unless this Warrant has expired, the Company shall, at its expense, at the time of delivery of such
certificates, deliver to the holder a new Warrant representing the number of shares with respect to which this Warrant shall not
then have been exercised.

 

    	1

    	 

    

 

(b)     The
Company retains the right to mandate the Holder of this warrant to exercise the purchase of all unexercised warrants granted hereunder
at the exercise price of $0.04 (the “Warrant Price”) in 1,000,000 shares increments at anytime after the first 180
days and the market trading bid price of the Company shares maintains a level over $0.10 per share continuously for any successive
trading 30 days during the exercise period. During any 30-day period, there must be at least 1,000,000 shares traded otherwise
warrants cannot be called, holder can only be asked to exercise 1,000,000 shares every 30 days.

 

Anti-dilution price
protection for additional issuances of common stock at a discount to exercise price:

 

(c)     Certain
Issuances of Common Securities. If, any time following the Original Issue Date of this Warrant, the Company shall (x) sell
or issue shares of its Common Stock (other than a dividend or distribution of Common Stock otherwise taken into account in this
Warrant for anti-dilution purposes), (y) issue rights, options or warrants to subscribe for or purchase shares of Common Stock
or (z) issue or sell other rights for shares of Common Stock or securities convertible or exchangeable into shares of Common Stock
(collectively, any such stock, rights, options or warrants being referred to as “Common Securities”), at a price
per share less than the then applicable Exercise Price, then in each such case the Exercise Price in effect immediately prior to
the issuance of such Common Securities shall be reduced to the price determined by multiplying the Exercise Price in effect immediately
prior to the date of issuance of the Common Securities by a fraction, the numerator of which shall be the number of shares of Common
Stock outstanding immediately prior to the issuance of the Common Securities plus the number of shares of Common Stock which the
aggregate consideration received for the issuance of the Common Securities would purchase at such Exercise Price, and the denominator
of which shall be the number of shares of Common Stock outstanding immediately after the issuance of the Common Securities (after
giving effect to the full exercise, conversion or exchange, as applicable, of such Common Securities). Upon each adjustment of
the Exercise Price pursuant to this Section, the Holder shall thereafter (until another such adjustment) be entitled to purchase
at the adjusted Exercise Price the number of shares, calculated to the nearest full share, obtained by multiplying the number of
shares specified in such Warrant (as adjusted as a result of all adjustments in the Exercise Price in effect prior to such adjustment)
by the Exercise Price in effect prior to such adjustment and dividing the product so obtained by the adjusted Exercise Price.

 

(d)     Limitations
on Exercises; Beneficial Ownership.  The Company shall not effect the exercise of this Warrant, and the holder shall not
have the right to exercise this Warrant, to the extent that after giving effect to such exercise, such person (together with such
person’s affiliates) would beneficially own in excess of 9.99% of the shares of Common Stock outstanding immediately after
giving effect to such exercise.  For purposes of the foregoing sentence, the aggregate number of shares of Common Stock beneficially
owned by such person and its affiliates shall include the number of shares of Common Stock issuable upon exercise of this Warrant
with respect to which the determination of such sentence is being made, but shall exclude shares of Common Stock which would be
issuable upon (i) exercise of the remaining, unexercised portion of this Warrant beneficially owned by such person and its affiliates
and (ii) exercise or conversion of the unexercised or unconverted portion of any other securities of the Company beneficially owned
by such person and its affiliates (including, without limitation, any convertible notes or convertible preferred stock or warrants)
subject to a limitation on conversion or exercise analogous to the limitation contained herein.  For purposes of this Warrant,
in determining the number of outstanding shares of Common Stock, the holder may rely on the number of outstanding shares of Common
Stock as reflected in (1) a recent public announcement by the Company or (2) any other notice by the Company setting forth the
number of shares of Common Stock outstanding.  For any reason at any time, upon the written or oral request of the holder,
the Company shall within two business days confirm orally and in writing to the 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 Company, including the securities issued under the Securities Purchase Subscription
Agreement and the Warrants, by the holder and its affiliates since the date as of which such number of outstanding shares of Common
Stock was reported. 

 

    	2

    	 

    

 

2.     PERIOD OF EXERCISE.

 

Outside the Company’s
option to call the warrants, holder will still maintain the option to exercise the any or all the warrants at any time. This Warrant
is exercisable at any time or from time to time on or after the date on which this Warrant is issued and delivered pursuant to
the terms of the securities purchase Subscription Agreement (the "Issue Date") and before 5:00 p.m., New York City time
on the tenth (10th) anniversary of the Issue Date (the "Exercise Period").

 

3.     CERTAIN
AGREEMENTS OF THE COMPANY.

 

The Company hereby
covenants and agrees as follows:

 

(a)     SHARES
TO BE FULLY PAID. All Warrant Shares will, upon issuance in accordance with the terms of this Warrant, be validly issued, fully
paid, and non-assessable and free from all taxes, liens, and charges with respect to the issue thereof.

 

(b)     RESERVATION
OF SHARES. During the Exercise Period, the Company shall at all times have authorized, and reserved for the purpose of issuance
upon exercise of this Warrant, a sufficient number of shares of Common Stock to provide for the full exercise of this Warrant.

 

(c)     APPROVAL
OF THE SECURITY HOLDERS. No further approval of the security holders or the Board of Directors of the Company will be required
for the issuance of the Warrant Shares to be sold as contemplated herein and in the Warrants, respectively.

 

(d)     CERTAIN
ACTIONS PROHIBITED. The Company will not, by amendment of its charter or through any reorganization, transfer of assets, consolidation,
merger, dissolution, issue or sale of securities, or any other voluntary action, avoid or seek to avoid the observance or performance
of any of the terms to be observed or performed by it hereunder, but will at all times in good faith assist in the carrying out
of all the provisions of this Warrant and in the taking of all such action as may reasonably be requested by the holder of this
Warrant in order to protect the exercise privilege of the holder of this Warrant against dilution or other impairment, consistent
with the tenor and purpose of this Warrant. Without limiting the generality of the foregoing, the Company (i) will not increase
the par value of any shares of Common Stock receivable upon the exercise of this Warrant above the Exercise Price then in effect,
and (ii) will take all such actions as may be necessary or appropriate in order that the Company may validly and legally issue
fully paid and non-assessable shares of Common Stock upon the exercise of this Warrant.

 

(e)     SUCCESSORS
AND ASSIGNS. This Warrant will be binding upon any entity succeeding to the Company by merger, consolidation, or acquisition of
all or substantially all the Company's assets.

 

    	3

    	 

    

 

4.     ANTI-DILUTION
PROVISIONS.

 

During the Exercise
Period, the Exercise Price and the number of Warrant Shares shall be subject to adjustment from time to time as provided in this
Paragraph 4.

 

(a)     In
the event that any adjustment of the Exercise Price as required herein results in a fraction of a cent, such Exercise Price shall
be rounded up to the nearest cent.

 

(b)     SUBDIVISION
OR COMBINATION OF COMMON STOCK. If the Company at any time subdivides (by any stock split, stock dividend, recapitalization, reorganization,
reclassification or otherwise) the shares of Common Stock acquirable hereunder into a greater number of shares, then, after the
date of record for effecting such subdivision, the Exercise Price in effect immediately prior to such subdivision will be proportionately
reduced. If the Company at any time combines (by reverse stock split, recapitalization, reorganization, reclassification or otherwise)
the shares of Common Stock acquirable hereunder into a smaller number of shares, then, after the date of record for effecting such
combination, the Exercise Price in effect immediately prior to such combination will be proportionately increased.

 

(c)     CONSOLIDATION,
MERGER OR SALE. In case of any consolidation of the Company with, or merger of the Company into any other corporation, or in case
of any sale or conveyance of all or substantially all of the assets of the Company other than in connection with a plan of complete
liquidation of the Company, then as a condition of such consolidation, merger or sale or conveyance, adequate provision will be
made whereby the holder of this Warrant will have the right to acquire and receive upon exercise of this Warrant in lieu of the
shares of Common Stock immediately theretofore acquirable upon the exercise of this Warrant, such shares of stock, securities or
assets as may be issued or payable with respect to or in exchange for the number of shares of Common Stock immediately theretofore
acquirable and receivable upon exercise of this Warrant had such consolidation, merger or sale or conveyance not taken place. In
any such case, the Company will make appropriate provision to insure that the provisions of this Paragraph 4 hereof will thereafter
be applicable as nearly as may be in relation to any shards of stock or securities thereafter deliverable upon the exercise of
this Warrant. The Company will not effect any consolidation, merger or sale or conveyance unless prior to the consummation thereof,
the successor corporation (if other than the Company) assumes by written instrument the obligations under this Paragraph 4 and
the obligations to deliver to the holder of this Warrant such shares of stock, securities or assets as, in accordance with the
foregoing provisions, the holder may be entitled to acquire.

 

    	4

    	 

    

 

(d)     DISTRIBUTION
OF ASSETS. In case the Company shall declare or make any distribution of its assets (including cash) to holders of Common Stock
as a partial liquidating dividend, by way of return of capital or otherwise, then, after the date of record for determining stockholders
entitled to such distribution, but prior to the date of distribution, the holder of this Warrant shall be entitled upon exercise
of this Warrant for the purchase of any or all of the shares of Common Stock subject hereto, to receive the amount of such assets
which would have been payable to the holder had such holder been the holder of such shares of Common Stock on the record date for
the determination of stockholders entitled to such distribution.

 

(e)     NOTICE
OF ADJUSTMENT. Upon the occurrence of any event which requires any adjustment of the Exercise Price, then, and in each such case,
the Company shall give notice thereof to the holder of this Warrant, which notice shall state the Exercise Price resulting from
such adjustment and the increase or decrease in the number of Warrant Shares purchasable at such price upon exercise, setting forth
in reasonable detail the method of calculation and the facts upon which such calculation is based. Such calculation shall be certified
by the chief financial officer of the Company.

 

(f)     MINIMUM
ADJUSTMENT OF EXERCISE PRICE. No adjustment of the Exercise Price shall be made in an amount of less than 1% of the Exercise Price
in effect at the time such adjustment is otherwise required to be made, but any such lesser adjustment shall be carried forward
and shall be made at the time and together with the next subsequent adjustment which, together with any adjustments so carried
forward, shall amount to not less than 1% of such Exercise Price.

 

(g)     NO
FRACTIONAL SHARES. No fractional shares of Common Stock are to be issued upon the exercise of this Warrant, but the Company shall
pay a cash adjustment in respect of any fractional share which would otherwise be issuable in an amount equal to the same fraction
of the Market Price of a share of Common Stock on the date of such exercise.

 

(h)     OTHER
NOTICES. In case at any time:

 

(i)     the
Company shall declare any dividend upon the Common Stock payable in shares of stock of any class or make any other distribution
(including dividends or distributions payable in cash out of retained earnings) to the holders of the Common Stock;

 

(ii)     the
Company shall offer for subscription pro rata to the holders of the Common Stock any additional shares of stock of any class or
other rights;

 

    	5

    	 

    

 

(iii)     there
shall be any capital reorganization of the Company, or reclassification of the Common Stock, or consolidation or merger of the
Company with or into, or sale of all or substantially all its assets to, another corporation or entity; or

 

(iv)     there
shall be a voluntary or involuntary dissolution, liquidation or winding-up of the Company; then, in each such case, the Company
shall give to the holder of this Warrant (a) notice of the date on which the books of the Company shall close or a record shall
be taken for determining the holders of Common Stock entitled to receive any such dividend, distribution, or subscription rights
or for determining the holders of Common Stock entitled to vote in respect of any such reorganization, reclassification, consolidation,
merger, sale, dissolution, liquidation or winding up and (b) in the case of any such reorganization, reclassification, consolidation,
merger, sale, dissolution, liquidation or winding-up, notice of the date (or, if not then known, a reasonable approximation thereof
by the Company) when the same shall take place. Such notice shall also specify the date on which the holders of Common Stock shall
be entitled to receive such dividend, distribution, or subscription rights or to exchange their Common Stock for stock or other
securities or property deliverable upon such reorganization, reclassification, consolidation, merger, sale, dissolution, liquidation,
or winding-up, as the case may be. Such notice shall be given at least 30 days prior to the record date or the date on which the
Company's books are closed in respect thereto. Failure to give any such notice or any defect therein shall not affect the validity
of the proceedings referred to in clauses (i), (ii), (iii) and (iv) above.

 

(i)     Certain
Events. If any event occurs of the type contemplated by the adjustment provisions of this Paragraph 4 but not expressly provided
for by such provisions, the Company will give notice of such event as provided in Paragraph 4(h) hereof, and the Company's Board
of Directors will make an appropriate adjustment in the Exercise Price and the number of shares of Common Stock acquirable upon
exercise of this Warrant so that the rights of the Holder shall be neither enhanced nor diminished by such event.

 

5.     CERTAIN
DEFINITIONS.

 

(i)     "MARKET
PRICE," as of any date, (i) means the average of the last reported bid prices for the shares of Common Stock on the Over-the-Counter
Bulletin Board (the "OTC BB") for the five (5) trading days immediately preceding such date as reported by I Bloomberg,
L.P. ("Bloomberg"),

 

(ii)     "COMMON
STOCK," for purposes of this Paragraph 4, includes the Common Stock, par value $0.001 per share, and any additional class
of stock of the Company having no preference as to dividends or distributions on liquidation, provided that the shares purchasable
pursuant to this Warrant shall include only shares of Common Stock, par value $0.001 per share, in respect of which this Warrant
is exercisable, or shares resulting from any subdivision or combination of such Common Stock, or in the case of any reorganization,
reclassification, consolidation, merger, or sale of the character referred to in Paragraph 4 hereof, the stock or other securities
or property provided for in such Paragraph.

 

 

    	6

    	 

    

6.     ISSUE TAX.

 

The issuance of certificates
for Warrant Shares upon the exercise Of this Warrant shall be made without charge to the holder of this Warrant or such shares
for any issuance tax or other costs in respect thereof, provided that the Company shall not be required to pay any tax or other
cost which may be payable in respect of any transfer involved in the issuance and delivery of any certificate in a name other than
the holder of this Warrant.

 

7.     NO RIGHTS
OR LIABILITIES AS A SHAREHOLDER.

 

This Warrant shall
not entitle the holder hereof to any voting rights or other rights as a shareholder of the Company. No provision of this Warrant,
in the absence of affirmative action by the holder hereof to purchase Warrant Shares, and no mere enumeration herein of the rights
or privileges of the holder hereof, shall give rise to any liability of such holder for the Exercise Price or as a shareholder
of the Company, whether such liability is asserted by the Company or by creditors of the Company.

 

8.     TRANSFER,
EXCHANGE, AND REPLACEMENT OF WARRANT.

 

(a)     RESTRICTION
ON TRANSFER. This Warrant and the rights granted to the holder hereof are transferable, in whole or in part, upon surrender of
this Warrant, together with a properly executed assignment in the form attached hereto, at the office or agency of the Company
referred to in this Paragraph 8(e) below, provided, however, that any transfer or assignment shall be subject to the conditions
set forth in this Paragraph 8(f) hereof and to the applicable provisions of the Securities Purchase Subscription Agreement. Until
due presentment for registration of transfer on the books of the Company, the Company may treat the registered holder hereof as
the owner and holder hereof for all purposes, and the Company shall not be affected by any notice to the contrary.

 

(b)     WARRANT
EXCHANGEABLE FOR DIFFERENT DENOMINATIONS. This Warrant is exchangeable, upon the surrender hereof by the holder hereof at the office
or agency of the Company referred to in Paragraph 8(e) below, for new Warrants of like tenor representing in the aggregate the
right to purchase the number of shares of Common Stock which may be purchased hereunder, each of such new Warrants to represent
the right to purchase such number of shares as shall be designated by the holder hereof at the time of such surrender.

 

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

 

(d)     CANCELLATION,
PAYMENT OF EXPENSES. Upon the surrender of this Warrant in connection with any transfer, exchange, or replacement as provided in
this Paragraph 8, this Warrant shall be promptly canceled by the Company. The Company shall pay all taxes (other than securities
transfer taxes) and all other expenses (other than legal expenses, if any, incurred by the Holder or transferees) and charges payable
in connection with the preparation, execution, and delivery of Warrants pursuant to this Paragraph 8.

 

    	7

    	 

    

 

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

 

(f)     EXERCISE
OR TRANSFER WITHOUT REGISTRATION. If, at the time of the surrender of this Warrant in connection with any exercise, transfer, or
exchange of this Warrant, this Warrant (or, in the case of any exercise, the Warrant Shares issuable hereunder), shall not be registered
under the Securities Act and under applicable state securities or blue sky laws, the Company may require, as a condition of allowing
such exercise, transfer, or exchange, (i) that the holder or transferee of this Warrant, as the case may be, famish to the Company
a written opinion of counsel, which opinion and counsel are acceptable to the Company, to the effect that such exercise, transfer,
or exchange may be made without registration under the Securities Act and under applicable state securities or blue sky laws, (ii)
that the holder or transferee execute and deliver to the Company an investment letter in form and substance acceptable to the Company
and (iii) that the transferee be an "accredited investor" as defined in Rule 501(a) promulgated under the Securities
Act; provided that no such opinion, letter or status as an "accredited investor" shall be required in connection with
a transfer pursuant to Rule 144 under the Securities Act. The first holder of this Warrant, by taking and holding the same, represents
to the Company that such holder is acquiring this Warrant for investment and not with a view to the distribution thereof

 

9.     NOTICES.

 

All notices, requests,
and other communications required or permitted to be given or delivered hereunder to the holder of this Warrant shall be in writing,
and shall be personally delivered, or shall be sent by certified or registered mail or by recognized overnight mail courier, postage
prepaid and addressed, to such holder at the address shown for such holder on the books of the Company, or at such other address
as shall have been furnished to the Company by notice from such holder. All notices, requests, and other communications required
or permitted to be given or delivered hereunder to the Company shall be in writing, and shall be personally delivered, or shall
be sent by certified or registered mail or by recognized overnight mail courier, postage prepaid and addressed, to the office of
the Company at:

 

Players Network

1771 East Flamingo Rd 201A

Las Vegas, Nevada 89119

Attention: CEO

 

or at such other address as shall have
been famished to the holder of this Warrant by notice from the Company. Any such notice, request, or other communication may be
sent by facsimile, but shall in such case be subsequently confirmed by a writing personally delivered or sent by certified or registered
mail or by recognized overnight mail courier as provided above. All notices, requests, and other communications shall be deemed
to have been given either at the time of the receipt thereof by the person entitled to receive such notice at the address of such
person for purposes of this Paragraph 9, or, if mailed by registered or certified mail or with a recognized overnight mail courier
upon deposit with the United States Post Office or such overnight mail courier, if postage is prepaid and the mailing is properly
addressed, as the case may be.

 

    	8

    	 

    

 

10.     GOVERNING
LAW.

 

This Warrant shall
be governed by and construed in accordance with the laws of the State of Nevada applicable to contracts made and to be performed
in the State of Nevada (without regard to principles of conflict of laws). The Company and the holder irrevocably consent to the
jurisdiction of the United States federal courts and the state courts located in the Clark County, Nevada in any suit or proceeding
based on or arising under this Warrant, the agreements entered into in connection herewith or the transactions contemplated hereby
or thereby and irrevocably agree that all claims in respect of such suit or proceeding may be determined in such courts. The Company
and the holder irrevocably waive the defense of an inconvenient forum to the maintenance of such suit or proceeding. The Company
and the holder further agree that service of process upon a party mailed by first class mail shall be deemed in every respect effective
service of process upon the party in any such suit or proceeding. Nothing herein shall affect the right of the Company or the holder
hereof to serve process in any other manner permitted by law. The Company and the holder agree that a final non-appealable judgment
in any such suit or proceeding shall be conclusive and may be enforced in other jurisdictions by suit on such judgment or in any
other lawful manner.

 

11.     MISCELLANEOUS.

 

(a)     AMENDMENTS.
This Warrant and any provision hereof may only be amended by an instrument in writing signed by the Company and the holder hereof.

 

(b)     DESCRIPTIVE
HEADINGS. The descriptive headings of the several paragraphs of this Warrant are inserted for purposes of reference only, and shall
not affect the meaning or construction of any of the provisions hereof

 

IN WITNESS WHEREOF,
the Company has caused this Warrant to be signed by its duly authorized officer.

 

Players Network

 

 

By: ______________________

Mark Bradley

Chairman and Chief Executive Officer

 

 

Dated as of December 16, 2013

 

    	9

    	 

    

 

FORM OF EXERCISE AGREEMENT

 

Dated: _________ __, 201_

 

To: Players Network

 

 

The undersigned, pursuant
to the provisions set forth in the within Warrant, hereby agrees to purchase ___________ shares of Common Stock covered by such
Warrant, and makes payment herewith in full therefor at the price per share provided by such Warrant in cash or by certified or
official bank check in the amount of $0.04 per share. Please issue a certificate or certificates for such shares of Common Stock
in the name of and pay any cash for any fractional share to:

 

	 	Name: _____________________
	 	“—BERMAN—”
	 	 
	 	Signature: __________________
	 	 	 
	 	Address:	____________________
	 	 	____________________
	 	 	 
	 	Note: The above signature should correspond exactly with the name on the face of the Warrant.

 

 

and, if said number of shares of Common
Stock shall not be all the shares purchasable under the within Warrant, a certificate for a new Warrant is to be issued in the
name of said undersigned covering the balance of the shares purchasable thereunder less any fraction of a share paid in cash.

 

 

    	10

    	 

    

FORM OF ASSIGNMENT

 

FOR VALUE RECEIVED,
the undersigned hereby sells, assigns, and transfers all the rights of the undersigned under the within Warrant, with respect to
the number of shares of Common Stock covered thereby set forth herein below, to:

 

	Name of Assignee:	 	Address:	 	No of Shares:
	 	 	 	 	 
	 	 	 	 	 

 

and hereby irrevocably constitutes and
appoints _______________________as agent and attorney-in-fact to transfer said Warrant on the books of the within-named corporation,
with full power of substitution in the premises.

 

 

 

Dated: _________ ____, 201_

 

In the presence of:

 

 

	 	Name: _____________________
	 	 
	 	Signature: __________________
	 	 
	 	Title of Signing Officer or Agent (if any):
	 	 	 
	 	Address:	____________________
	 	 	____________________
	 	 	 
	 	Note: The above signature should correspond exactly with the name on the face of the within Warrant.

 

 

    	11

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00224-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00224-of-00352.parquet"}]]