Document:

EXHIBIT 4.1

 

Exhibit
4.1 

 

THIS
NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THIS NOTE MAY
NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE NOTE
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL TO THE HOLDER (IF REQUESTED BY THE COMPANY), IN A FORM
REASONABLY ACCEPTABLE TO THE COMPANY, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD OR ELIGIBLE TO BE SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE NOTE MAY BE PLEDGED IN CONNECTION WITH A
BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE NOTE.

 

	$_______________	
December __, 2013

 

BARFRESH
FOOD GROUP INC.

Promissory
Note

 

FOR
VALUE RECEIVED, Barfresh Food Group Inc., a Delaware corporation, (“Company”), promises to pay to the
order of ___________________________, or his, her, or its assigns (the “Holder”), the principal sum of $____________
(“Principal”), together with all accrued and unpaid interest thereon as set forth below (collectively, “Obligations”)
payable in payments of interest only commencing March ___, 2014 and continuing on the same day of every third month thereafter
until December ____, 2014 (“Maturity Date”) when this Note will be due and payable in full. This Note is one of a
series of Promissory Notes containing substantially identical terms and conditions (except for the face amounts) issued on or
after the date hereof in the aggregate principal amount of $______________. All such Notes are referred to herein as the “Notes,“and
the holders thereof are referred to herein as the “Holders.” This Note is subject to the following terms and
conditions.

 

1. Interest.
Unless provided otherwise hereunder, interest will accrue from the issuance date of this Note (the “Closing
Date”) on the unpaid principal amount at a rate equal to 2% per annum, until all Obligations under this Note are
paid in full. In the event of default, default period interest will accrue at 12% per annum.

 

2. Payment.
All payments shall be made in lawful money of the United States of America at such place as Holder hereof may from time to
time designate in writing to the Company. Payments will be credited first to the accrued but unpaid interest and the
remainder applied to principal. Prepayment of this Note prior to its maturity is permitted in whole or in part, but all
accrued and unpaid interest must be paid at the time of prepayment and all of the Notes must be prepaid on a pro rata
basis.

 

3. Events
of Default. If any of the events specified in this Section 3 shall occur (herein individually referred to as
an “Event of Default”), the Holders of more than 50% (“Majority Holders”) of the total face
amount of the Notes (collectively “Notes”) may, so long as such condition exists, declare the entire principal
and unpaid accrued interest hereon immediately due and payable, by notice in writing to the Company:

 

    	 

    	 

    

 

(a)
Default in the payment of the principal or unpaid accrued interest of this Note when due and payable;

 

(b)
The institution by the Company of proceedings to be adjudicated as bankrupt or insolvent, or the consent by it to institution
of bankruptcy or insolvency proceedings against it or the filing by it of a petition or answer or consent seeking
reorganization or release under the federal Bankruptcy Act, or any other applicable federal or state law, or the consent by
it to the filing of any such petition or the appointment of a receiver, liquidator, assignee, trustee or other similar
official of the Company, or of any substantial part of its property, or the making by it of an assignment for the benefit of
creditors, or the taking of corporate action by the Company in furtherance of any such action;

 

(c)
If, within 60 days after the commencement of an action against the Company (and service of process in connection therewith on
the Company) seeking any bankruptcy, insolvency, reorganization, liquidation, dissolution or similar relief under any present
or future statute, law or regulation, such action shall not have been resolved in favor of the Company or all orders or
proceedings thereunder affecting the operations or the business of the Company stayed, or if the stay of any such order or
proceeding shall thereafter be set aside, or if, within 60 days after the appointment without the consent or acquiescence of
the Company of any trustee, receiver or liquidator of the Company or of all or any substantial part of the properties of the
Company, such appointment shall not have been vacated;

 

(d)
Any declared default of the Company under any other indebtedness that gives the holder thereof the right to accelerate such
other indebtedness;

 

(e)
The Company fails to cure any material breach of its other covenants, agreements, or obligations hereunder, or under
the Warrants (“Warrants”) or Registration Rights Agreement (“RRA”) executed in connection with the
Notes within 10 days after written notice by the Holder to the Company specifying such breach; or

 

(f)
A material breach of any representation or warranty made by the Company in the Notes (or incorporated therein by reference),
the Warrants or the RRA.

 

4. Pro
Rata Payment; No Action on Default. The Company agrees it will make all payments (including prepayments) on this
Note and the other Notes on a pro rata basis so that the payment on each Note is the same percentage of the total payments
made on all Notes as the indebtedness under each Note is of the total indebtedness under all Notes. In the event the Holder
of this Note receives a payment in excess of its pro rata share, the Holder agrees that the excess will be paid to the
Holders of the other Notes. The Holder agrees that it will not agree to any modification of this Note and will not accelerate
the maturity of this Note without the consent of the Majority Holders. In the event of a default under this Note, the Holder
agrees that it will not take any action with respect thereto unless agreed to by the Majority Holders.

 

    	-2-

    	 

    

 

5. Transfer;
Successors and Assigns. The terms and conditions of this Note will inure to the benefit of and be binding upon the
respective successors and assigns of the parties. This Note may not be offered for sale, sold, transferred or assigned (i) in
the absence of (a) an effective registration statement for the Note under the Securities Act of 1933, as amended, or (b) an
opinion of counsel to the Holder (if requested by the Company), in a form reasonably acceptable to the Company, that
registration is not required under said Act or (ii) unless sold or eligible to be sold pursuant to Rule 144 or Rule 144a
under said Act. Notwithstanding the foregoing, this Note may be pledged in connection with a bona fide margin account or
other loan or financing arrangement secured by this Note. In addition, this Note may not be transferred unless the transferee
enters into a written agreement in form and substance acceptable to the Company pursuant to which the transferee agrees to be
bound by all of the provisions of this Note. Thereupon, a new note for the same principal amount and interest will be issued
to, and registered in the name of, the transferee. The Company’s Obligations are due only to the registered Holder of
this Note.

 

6. Right
to Extend. Subject to this Section, the Company may extend the maturity of all Notes to June __, 2015
(“Extended Maturity Date”) by written notice (“Extension Notice”) given to the Holders at least 30
and no more than 60 days prior to the initial Maturity Date; provided that: (i) on the date the Extension Notice is given or
at any time between such date and the initial Maturity Date, no Event of Default exists and no event or condition exists
which with the passage of time, the giving of notice or both would constitute an Event of Default; (ii) commencing on the
initial Maturity Date, the interest rate under this Note will be increased to equal 3% per annum and will continue to be
payable every three months with all principal and accrued interest under this Note due and payable in full on the Extended
Maturity Date; (iii) within 3 days after the initial Maturity Date, but no later than December 30, 2014 in the event that the
Maturity Date is after December 27, 2013, the Company will issue to each Holder, Warrants (“Extension Warrants”)
in the same form as the Warrants delivered in connection with this Note, but with an exercise price equal to the Volume
Weighted Average Price (with such term and the term Trading Day to be as defined in the Warrants) of the Company’s
Common Stock during the 10 consecutive Trading Day period immediately prior to the initial Maturity Date, with such Extension
Warrants to have a three year term from and after the initial Maturity Date and to be initially exercisable for a number of
shares of Common Stock computed by dividing 56.25% of the unpaid principal amount of the Note held by such Holder by the
initial exercise price computed as set forth above; (iv) the Company will deliver to each Holder contemporaneously with such
Warrants an amendment to the RRA pursuant to which the Company agrees to register the shares of Common Stock issuable upon
exercise of the Extension Warrants.

 

7. Representations,
Warranties and Covenants of the Company. The Company hereby represents, warrants and agrees to and with the Holder
as follows:

 

(a)
The Company makes the representations, warranties and covenants attached hereto as Schedule I, incorporated herein by
reference.

 

(b)
The Company represents and warrants that no event, liability, development or circumstance has occurred or exists, or is
contemplated to occur with respect to the Company, any of its subsidiaries or their respective businesses, properties,
prospects, operations or financial condition that would be required to be disclosed by the Company under applicable
securities laws on a registration statement on Form S-1 filed with the Securities and Exchange Commission relating to the
issue and sale by the Company of its Common Stock and which has not already been publically announced in a current report or
disclosed in a current, quarterly or annual report filed by the Company with the Securities and Exchange Commission. No
representation or warranty of the Company or any of its subsidiaries contained in the Notes (or incorporated therein by
reference), the Warrants or the RRA and no statement or disclosure made by or on behalf of the Company in any of its filings
with the Securities Exchange Commission contains an untrue statement of a material fact or omits to state a material fact
necessary to make the statements contained herein or therein not misleading.

 

    	-3-

    	 

    

 

(c)
From and after the date of this Agreement, other than payables and vendor financing incurred in the ordinary course of
business operations. the Company will not incur any indebtedness for borrowed money without the prior written consent of
Majority Holders.

 

(d)
The Company will pay the legal fees of the Holder of the largest Note in connection with the Notes, Warrants and RRA, but not
to exceed $10,000.

 

(e)
The Company represents and warrants that no commission, broker, banker, or finder’s fees will be payable in connection
with the Notes, the Warrants or the RRA.

 

(f)
Contemporaneously herewith, the Company has entered into the RRA and issued Warrants to each Holder with a 5 year term, an
initial exercise price of $0.45 a share and initially exercisable for a number of shares determined by dividing 75% of the
face amount of such Holder’s Note by $0.45, and a cashless exercise feature.

 

8. Representations,
Warranties and Covenants of the Holder. The Holder makes the representations, warranties and covenants attached
hereto as Schedule II and incorporated herein by this reference.

 

Notices.
Any notices or other communications required or permitted to be given under the terms of this Agreement that must be in
writing will be deemed to have been delivered (i) upon receipt, when delivered personally; (ii) upon receipt, when sent by
facsimile (provided a confirmation of transmission is mechanically or electronically generated and kept on file by the
sending party); (iii) one (1) day after deposit with a nationally recognized overnight delivery service, in each case
properly addressed to the party to receive the same.; (iv) upon receipt, when sent by email, provided a confirmation of
receipt is emailed to sender from recipient.

 

The
mailing and email addresses and facsimile numbers for such communications shall be as set forth in the RRA.

 

9.
Amendments and Waivers. Any terms of the Notes may be amended, modified or waived with, but only with, the written
consent of the Company and the Majority Holders; provided, however, that no such waiver, amendment or modification
will reduce the aforesaid percentage in interest of the Notes the Holders of which are required to consent to any waiver, amendment
or modification; provided, further, that in the event that such waiver, amendment or modification adversely affects
the rights or obligations of a Holder in a different manner than the other Holders, such waiver, amendment or modification shall
also require the written consent of such differently affected Holder. Any amendment or waiver effected in accordance with this
Section will be binding upon the Company, the Holders and each transferee of the Notes.

 

10. Governing
Law. This Note and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto
will be governed, construed, and interpreted in accordance with the laws of the State of Delaware without giving effect to
principles of conflicts of law.

 

	 	Barfresh Food Group Inc., a Delaware corporation
	 	 	 
	 	By:	

 

    	-4-

    	 

    

 

DEFINITIONS
OF TERMS USED IN SCHEDULES I AND II

 

“8-K
Filing” means Current Report on Form 8-K in the form required pursuant to the Exchange Act.

 

[  ]
“Accredited Investor” has the meaning set forth in Rule 501 under the Securities Act.

 

“Action”
means any action, suit, inquiry, notice of violation, proceeding (including any partial proceeding such as a deposition) or investigation
pending or threatened before or by any court, arbitrator, governmental or administrative agency, regulatory authority (federal,
state, county, local or foreign), stock market, stock exchange or trading facility.

 

“Affiliate”
has the meaning set forth in Rule 12b-2 of the regulations promulgated under the Exchange Act.

 

“Business
Day” shall mean any day other than a Saturday, Sunday or a day on which commercial banks in New York, New York are required
or authorized to be closed.

 

[  ]
“Code” means the Internal Revenue Code of 1986, as amended. “Common Stock” has the meaning set forth in
the recitals.[  ] “Company” has the meaning set forth in the preamble. 

 

“Company
Organizational Documents” means the Certificate of Incorporation and Bylaws of the Company and any other organizational
documents of the Company and any of its Subsidiaries, each as amended.

 

“Contract”
means any written or oral contract, lease, license, indenture, note, bond, agreement, arrangement, understanding, permit, concession,
franchise or other instrument.

 

“Convertible
Securities” means any stock or other security (other than Options) that is at any time and under any circumstances, directly
or indirectly, convertible into, exercisable or exchangeable for, or which otherwise entitles the holder thereof to acquire, any
shares of Common Stock.

 

“Effectiveness
Date” has the meaning ascribed to it in the RRA.

 

“Filing
Deadline” has the meaning ascribed to it in the RRA.

 

“Eligible
Market” means the Principal Market, The New York Stock Exchange, the NYSE MKT, the Nasdaq Capital Market, the Nasdaq Global
Market or the Nasdaq Global Select Market.

 

“Exchange
Act” means the Securities Exchange Act of 1934, as amended, or any similar federal statute, and the rules and regulations
of the SEC thereunder, all as the same will then be in effect.

 

“GAAP”
means, with respect to any Person, generally accepted accounting principles in the U.S. applied on a consistent basis with such
Person’s past practices.

 

“Governmental
Authority” means any domestic or foreign, federal or national, state or provincial, municipal or local government, governmental
authority, regulatory or administrative agency, governmental commission, department, board, bureau, agency or instrumentality,
political subdivision, commission, court, tribunal, official, arbitrator or arbitral body.

 

    	-5-

    	 

    

 

“Intellectual
Property” means all industrial and intellectual property, including, without limitation, all U.S. and non-U.S. patents,
patent applications, patent rights, trademarks, trademark applications, common law trademarks, Internet domain names, trade names,
service marks, service mark applications, common law service marks, and the goodwill associated therewith, copyrights, in both
published and unpublished works, whether registered or unregistered, copyright applications, franchises, licenses, know-how, trade
secrets, technical data, designs, customer lists, confidential and proprietary information, processes and formulae, all computer
software programs or applications, layouts, inventions, development tools and all documentation and media constituting, describing
or relating to the above, including manuals, memoranda, and records, whether such intellectual property has been created, applied
for or obtained anywhere throughout the world.

 

“Investor”
means the Holder.

 

“Knowledge”
shall mean, except as otherwise explicitly provided herein, actual knowledge after reasonable investigation. The Company shall
be deemed to have “Knowledge” of a matter if any of its officers or directors has Knowledge of such matter. Phrases
such as “to the Knowledge of the Company” or the “Company’s Knowledge” shall be construed accordingly.

 

“Laws”
means, with respect to any Person, any U.S. or non-U.S., federal, national, state, provincial, local, municipal, international,
multinational or other Law (including common law), constitution, statute, code, ordinance, rule, regulation or treaty applicable
to such Person.

 

“Liability”
means any liability (whether known or unknown, whether asserted or unasserted, whether absolute or contingent, whether accrued
or unaccrued, whether liquidated or unliquidated, and whether due or to become due), including any liability for Taxes.

 

“License”
means any security clearance, permit, license, variance, franchise, order, approval, consent, certificate, registration or other
authorization of any Governmental Authority, judicial authority or regulatory body, and other similar rights.

 

“Lien”
means any mortgage, pledge, security interest, encumbrance, lien or charge of any kind, including, without limitation, any conditional
sale or other title retention agreement, any lease in the nature thereof and the filing of or agreement to give any financing
statement under the Uniform Commercial Code of any jurisdiction and including any lien or charge arising by Law.

 

“Material
Adverse Effect” means, with respect to any Person, a material adverse effect on the business, financial condition, operations,
results of operations, assets, customer, supplier or employee relations or future prospects of such Person.

 

“Order”
means any order, judgment, ruling, injunction, assessment, award, decree or writ of any Governmental Authority or regulatory body.

 

“Ordinary
Course of Business” means the ordinary course of business consistent with past custom and practice (including with respect
to quantity and frequency).

 

“Person”
means all natural persons, corporations, business trusts, associations, companies, partnerships, limited liability companies,
joint ventures and other entities, governments, agencies and political subdivisions.

 

    	-6-

    	 

    

 

“Principal
Market” means the OTCQB Bulletin Board.

 

“Registrable
Securities” has the meaning ascribed to it in the RRA.

 

“Registration
Statement” means a registration statement or registration statements required pursuant to the RRA.

 

“Rule
144” means Rule 144 promulgated by the SEC under the Securities Act, as such rule may be amended from time to time, or any
other similar or successor rule or regulation of the SEC that may at any time permit the Investors to sell securities of the Company
to the public without registration.

 

“SEC”
means Securities Exchange Commission.

 

“SEC
Reports” has the meaning set forth in Section 4.11.

 

“Securities”
means the Notes, the Warrants and the Extension Warrants.

 

“Securities
Act” means the Securities Act of 1933, as amended.

 

“Subsidiaries”
means any Person in which the Company, directly or indirectly, (a) owns any of the outstanding capital stock or holds any equity
or similar interest of such Person or (b) controls or operates all or any part of the business, operations or administration of
such Person, and each of the foregoing, is individually referred to herein as a “Subsidiary.”

 

“Tax”
or “Taxes” means all taxes, assessments, duties, levies or other charge imposed by any Governmental Authority of any
kind whatsoever together with any interest, penalties, fines or additions thereto and any liability for payment of taxes whether
as a result of (i) being a member of an affiliated, consolidated, combined, unitary or similar group for any period, (ii) any
tax sharing, tax indemnity or tax allocation agreement or any other express or implied agreement to indemnify any Person, (iii)
being liable for another Person’s taxes as a transferee or successor otherwise for any period, or (iv) operation of Law.

 

“Transaction
Documents” means, collectively, this Note, the Warrant, the RRA, and the Extension Warrant and all agreements, certificates,
instruments and other documents to be executed and delivered in connection with the transactions contemplated by the Transaction
Documents.

 

“U.S.”
means the United States of America.

 

“U.S.
Person” has the meaning set forth in Regulation S under the Securities Act.

 

    	-7-

    	 

    

 

SCHEDULE
I

 

REPRESENTATIONS,
WARRANTIES AND CONVENANTS OF THE COMPANY

 

(1)
The Company shall file a Form D with respect to the Securities as required under Regulation D. The Company shall, on or before
each Closing, take such action as the Company shall reasonably determine is necessary in order to obtain an exemption for, or
to, qualify the Securities for sale to the Investors at each Closing pursuant to this Agreement under applicable securities or
“blue sky” laws of the states of the United States (or to obtain an exemption from such qualification). Without limiting
any other obligation of the Company under this Agreement, the Company shall timely make all filings and reports relating to the
offer and sale of the Securities required under all applicable securities laws (including, without limitation, all applicable
federal securities laws and all applicable “blue sky” laws), and the Company shall comply with all applicable federal,
state and local laws, statutes, rules, regulations and the like relating to the offering and sale of the Securities to the Investors.

 

(2)
Until the date on which the Investors shall have sold all of the Registrable Securities, the Company shall use its reasonable
best efforts to timely file all reports required to be filed with the SEC pursuant to the Exchange Act, and the Company shall
not terminate its status as an issuer required to file reports under the Exchange Act.

 

(3)
The Company shall promptly secure the listing or designation for quotation (as the case may be) of all of the Registrable
Securities upon each national securities exchange and automated quotation system, if any, upon which the Common Stock is then
listed or designated for quotation (as the case may be) (subject to official notice of issuance) and shall maintain such
listing or designation for quotation (as the case may be) of all Registrable Securities from time to time issuable under the
terms of the Transaction Documents on such national securities exchange or automated quotation system. The Company shall
maintain the Common Stock’s listing or authorization for quotation (as the case may be) on an Eligible Market for a
minimum period of three (3) years following the Initial Closing. Neither the Company nor any of its Subsidiaries shall take
any action which could be reasonably expected to result in the delisting or suspension of the Common Stock on an Eligible
Market.

 

(4)
So long as any Warrants and Extension Warrants remain outstanding, the Company shall take reasonable best efforts to at all
times have authorized, and reserved for the purpose of issuance, no less than 100% of the maximum number of shares of Common
Stock issuable upon exercise of all the outstanding Warrants and Extension Warrants.

 

(5)
On or before the fourth (4th) Business Day after the date of this Agreement, the Company shall file a Current Report on Form
8-K describing all the material terms of the transactions contemplated by the Transaction Documents in the form required by
the Exchange Act and attaching all the material Transaction Documents. From and after the filing of the 8-K Filing, the
Company shall have disclosed all material, non- public information (if any) provided to any of the Investors by the Company
or any of its Subsidiaries or any of their respective officers, directors, employees or agents in connection with the
transactions contemplated by the Transaction Documents.

 

(6)
No proceeds will be used to repay any amounts due by the Company in connection with the convertible notes issued by the
Company in August of 2012.

 

    	-8-

    	 

    

 

SCHEDULE
II

 

REPRESENTATIONS,
WARRANTIES, AND COVENANTS OF THE HOLDER

 

(1)
Such Investor has all requisite authority and power to enter into and deliver the Transaction Documents to which such
Investor is a party, and any other certificate, agreement, document or instrument to be executed and delivered by such
Investor in connection with the transactions contemplated hereby and thereby and to perform such Investor’s obligations
hereunder and thereunder and to consummate the transactions contemplated hereby and thereby. The Transaction Documents have
been, and each of them to which such Investor is a party will be, duly and validly authorized and approved, executed and
delivered by such Investor.

 

(2)
Assuming the Transaction Documents have been duly and validly authorized, executed and delivered by the parties hereto and
thereto other than such Investor, Each of the Transaction Documents to which such Investor is a party are duly authorized,
executed and delivered by such Investor, and constitutes the legal, valid and binding obligations of such Investor,
enforceable against such Investor in accordance with their respective terms, except as such enforcement is limited by general
equitable principles, or by bankruptcy, insolvency and other similar Laws affecting the enforcement of creditors rights
generally.

 

(3)
Neither the execution or delivery by such Investor of any Transaction Document to which such Investor is a party, nor the
consummation or performance by such Investor of the transactions contemplated hereby or thereby will, directly or indirectly,
(a) contravene, conflict with, or result in a violation of any provision of the organizational documents of such Investor (if
such Investor is not a natural person); (b) contravene, conflict with, constitute a default (or an event or condition which,
with notice or lapse of time or both, would constitute a default) under, or result in the termination or acceleration of, any
agreement or instrument to which such Investor is a party or by which the properties or assets of such Investor are bound; or
(c) contravene, conflict with, result in any breach of, or constitute a default (or an event that with notice or lapse of
time or both would become a default) under, impair the rights of such Investor under, or alter the obligations of any Person
under, or create in any Person the right to terminate, amend, accelerate or cancel, or require any notice, report or other
filing (whether with a Governmental Authority or any other Person) pursuant to, or result in the creation of a Lien on any of
the assets or properties of the Company under, any note, bond, mortgage, indenture, Contract, lease, License, permit,
franchise or other instrument or obligation to which such Investor is a party or any of such Investor’s assets and
properties are bound or affected, except, in the case of clauses (b) or (c) for any such contraventions, conflicts,
violations, or other occurrences as would not have a Material Adverse Effect on such Investor.

 

(4)
There is no Action pending against, or to the Knowledge of such Investor, threatened against or affecting, such Investor by
any Governmental Authority or other Person with respect to such Investor that challenges, or may have the effect of
preventing, delaying, making illegal, or otherwise interfering with, any of the transactions contemplated by the Transaction
Documents.

 

(5)
No Person has, or as a result of the transactions contemplated herein will have, any right or valid claim against such
Investor for any commission, fee or other compensation as a finder or broker, or in any similar capacity, based upon
arrangements made by or on behalf of such Investor and such Investor will indemnify and hold the Company and its Affiliates
harmless against any liability or expense arising out of, or in connection with, any such claim.

 

    	-9-

    	 

    

 

(6)
Such Investor is acquiring such the Securities proposed to be acquired hereunder for investment for its own account and not
with a view to the resale or distribution of any part thereof, and such Investor has no present intention of selling or
otherwise distributing such Securities, except in compliance with applicable securities Laws.

 

(7)
Such Investor understands that the Securities are characterized as “restricted securities” under the
Securities Act inasmuch as any Transaction Document contemplates that, if acquired by the Shareholder pursuant hereto, the
Securities would be acquired in a transaction not involving a public offering. The issuance of the Securities hereunder is
being effected in reliance upon an exemption from registration afforded under Section 4(2) of the Securities Act, or Rule 506
of Regulation D or Regulation S. Such Investor further acknowledges that if the Securities are issued to such Investor in
accordance with the provisions of the Transaction Documents, such Securities may not be resold without registration under the
Securities Act or the existence of an exemption therefrom. Such Investor represents that he is familiar with Rule 144, as
presently in effect, and understands the resale limitations imposed thereby and by the Securities Act.

 

(8)
Such Investor understands and agrees that the Securities to be issued pursuant to the Transaction Documents have not been registered
under the Securities Act or the securities Laws of any state of the U.S.

 

(9)
By its execution of the Transaction Documents, such Investor represents and warrants to the Company, either that: (i) such
Investor is an Accredited Investor; or (ii) such Investor is not a U.S. Person. Such Investor understands that the Securities
are being offered and sold to such Investor in reliance upon the truth and accuracy of the representations, warranties,
agreements, acknowledgments and understandings of such Investor set forth in the Transaction Documents, in order that the
Company may determine the applicability and availability of the exemptions from registration of the Securities on which the
Company is relying.

 

(10)
Such Investor, severally and not jointly, further represents and warrants to the Company as follows: (i) such
Person qualifies as an Accredited Investor; (ii) such Person consents to the placement of a legend on any certificate or
other document evidencing the Securities substantially in the form set forth below in paragraph 14; (iii) such Person
has sufficient knowledge and experience in finance, securities, investments and other business matters to be able to protect
such Person’s or entity’s interests in connection with the transactions contemplated by the Transaction
Documents; (iv) such Person has consulted, to the extent that it has deemed necessary, with its tax, legal, accounting and
financial advisors concerning its investment in the Securities and can afford to bear such risks for an indefinite period of
time, including, without limitation, the risk of losing its entire investment in the Securities; (v) such Person has had
access to the SEC Reports; (vi) such Person has been furnished during the course of the transactions contemplated by the
Transaction Documents with all other public information regarding the Company that such Person has requested and all such
public information is sufficient for such Person to evaluate the risks of investing in the Securities; (vii) such Person has
been afforded the opportunity to ask questions of and receive answers concerning the Company and the terms and conditions of
the issuance of the Securities; (viii) such Person is not relying on any representations and warranties concerning the
Company made by the Company or any officer, employee or agent of the Company, other than those contained in the Transaction
Documents or the SEC Reports; (ix) such Person will not sell or otherwise transfer the Securities, unless either (A) the
transfer of such securities is registered under the Securities Act or (B) an exemption from registration of such securities
is available; (x) other than as set forth in the Transaction Documents, such Person understands and acknowledges that
the Company is under no obligation to register the Securities for sale under the Securities Act; (xi) such Person represents
that the address furnished herewith is the principal residence if he is an individual or its principal business address if it
is a corporation or other entity; (xii) such Person understands and acknowledges that the Securities have not been
recommended by any federal or state securities commission or regulatory authority, that the foregoing authorities have not
confirmed the accuracy or determined the adequacy of any information concerning the Company that has been supplied to such
Person and that any representation to the contrary is a criminal offense; and (xiii) such Person acknowledges that the
representations, warranties and agreements made by such Person herein shall survive the execution and delivery of the
Transaction Documents and the purchase of the Securities.

 

    	-10-

    	 

    

 

(11)
Each Investor that is not a U.S. Person, severally and not jointly, further represents and warrants to the Company as
follows: (i) at the time of (A) the offer by the Company and (B) the acceptance of the offer by such Person, of the
Securities, such Person was outside the U.S; (ii) no offer to acquire the Securities or otherwise to participate in the
transactions contemplated by the Transaction Documents was made to such Person or its representatives inside the U.S.; (iii)
such Person is not purchasing the Securities for the account or benefit of any U.S. Person, or with a view towards
distribution to any U.S. Person, in violation of the registration requirements of the Securities Act; (iv) such Person will
make all subsequent offers and sales of the Securities either (A) outside of the U.S. in compliance with Regulation S; (B)
pursuant to a registration under the Securities Act; or (C) pursuant to an available exemption from registration under the
Securities Act; (v) such Person is acquiring the Securities for such Person’s own account, for investment and not for
distribution or resale to others; (vi) such Person has no present plan or intention to sell the Securities in the U.S. or to
a U.S. Person at any predetermined time, has made no predetermined arrangements to sell the Securities and is not acting as
an underwriter or dealer with respect to such securities or otherwise participating in the distribution of such securities;
(vii) neither such Person, its Affiliates nor any Person acting on behalf of such Person, has entered into, has the intention
of entering into, or will enter into any put option, short position or other similar instrument or position in the U.S. with
respect to the Securities at any time through the one year anniversary of the closing except in compliance with the
Securities Act; (viii) such Person consents to the placement of a legend on any certificate or other document evidencing the
Securities substantially in the form set forth in paragraph14 below and(ix) such Person is not acquiring the Securities in a
transaction (or an element of a series of transactions) that is part of any plan or scheme to evade the registration
provisions of the Securities Act.

 

(12)
Such Investor will not transfer any or all of such Investor’s Securities pursuant to Regulation S or absent an effective
registration statement under the Securities Act and applicable state securities law covering the disposition of such Investor’s
Securities, without first providing the Company with an opinion of counsel (which counsel and opinion are reasonably satisfactory
to the Company) to the effect that such transfer will be made in compliance with Regulation S or will be exempt from the registration
and the prospectus delivery requirements of the Securities Act and the registration or qualification requirements of any applicable
U.S. state securities laws

 

(13)
Such Investor understands and acknowledges that the Company may refuse to transfer the Securities, unless such Investor complies
with paragraph 14 below and any other restrictions on transferability set forth herein. Such Investor consents to the Company
making a notation on its records or giving instructions to any transfer agent of the Company’s Common Stock in order to
implement the restrictions on transfer of the Securities

 

    	-11-

    	 

    

 

(14)
Such Investor hereby agrees with the Company as follows:

 

(a)
The certificates evidencing the Securities issued to those Investors who are Accredited Investors, and each certificate issued
in transfer thereof, will bear the following or similar legend:

 

[NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE
[CONVERTIBLE] [EXERCISABLE] HAVE BEEN][THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN] REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD,
TRANSFERRED OR ASSIGNED (I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES
ACT OF 1933, AS AMENDED, OR (B) AN OPINION OF COUNSEL TO THE HOLDER (IF REQUESTED BY THE COMPANY), IN A FORM REASONABLY
ACCEPTABLE TO THE COMPANY, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD OR ELIGIBLE TO BE SOLD
PURSUANT TO RULE 144 OR RULE 144A UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION
WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES; PROVIDED THAT IN CONNECTION
WITH ANY FORECLOSURE OR TRANSFER OF THE SECURITIES, THE TRANSFEROR SHALL COMPLY WITH THE PROVISIONS HEREIN, IN THE
SUBSCRIPTION AGREEMENT, AND UPON FORECLOSURE OR TRANSFER OF THE SECURITIES, SUCH FORECLOSING PERSON OR TRANSFEREE SHALL
COMPLY WITH ALL PROVISIONS CONTAINED HEREIN, IN THE SUBSCRIPTION AGREEMENT.

 

(b)
The certificates evidencing the Securities issued to those Investors who are not U.S. Persons, and each certificate issued in
transfer thereof, will bear the following legend:

 

[NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE [CONVERTIBLE]
[EXERCISABLE] HAVE BEEN][THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN] REGISTERED UNDER THE SECURITIES ACT OF
1933, AS AMENDED, OR APPLICABLE STATE SECURITIES LAWS. THE SECURITIES MAY NOT BE OFFERED FOR SALE, SOLD, TRANSFERRED OR ASSIGNED
(I) IN THE ABSENCE OF (A) AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES UNDER THE SECURITIES ACT OF 1933, AS AMENDED,
OR (B) AN OPINION OF COUNSEL TO THE HOLDER (IF REQUESTED BY THE COMPANY), IN A FORM REASONABLY ACCEPTABLE TO THE COMPANY, THAT
REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS SOLD OR ELIGIBLE TO BE SOLD PURSUANT TO THE PROVISIONS OF REGULATION
S UNDER SAID ACT. NOTWITHSTANDING THE FOREGOING, THE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR
OTHER LOAN OR FINANCING ARRANGEMENT SECURED BY THE SECURITIES; PROVIDED THAT IN CONNECTION WITH ANY FORECLOSURE OR TRANSFER OF
THE SECURITIES, THE TRANSFEROR SHALL COMPLY WITH THE PROVISIONS HEREIN, IN THE TRANSACTION DOCUMENTS, AND UPON FORECLOSURE OR
TRANSFER OF THE SECURITIES, SUCH FORECLOSING PERSON OR TRANSFEREE SHALL COMPLY WITH ALL PROVISIONS CONTAINED HEREIN, IN THE TRANSACTION
DOCUMENTS.

 

    	-12-

    	 

    

 

(c)
Other Legends. The certificates representing such Securities, and each certificate issued in transfer thereof, will also bear
any other legend required under any applicable Law, including, without limitation, any state corporate and state securities law,
or contract.

 

(d)
Certain Trading Activities. Such Investor has not directly or indirectly, nor has any person acting on behalf of or pursuant to
any understanding with such Investor, engaged in any transactions in the securities of the Company (including, without limitation,
Short Sales involving the Company’s securities) since the time that such Investor was first contacted by the Company regarding
the investment in the Company contemplated herein. “Short Sales” include, without limitation, all “short sales”
as defined in Rule 200 promulgated under Regulation SHO under the Exchange Act (“Regulation SHO”) and all types of
direct and indirect stock pledges, forward sales contracts, options, puts, calls, swaps and similar arrangements (including on
a total return basis), and sales and other transactions through non-U.S. broker dealers or foreign regulated brokers (but shall
not be deemed to include the location and/or reservation of borrowable shares of Common Stock).

 

(15)
Unless such Investor resides, in the case of individuals, or is headquartered or formed, in the case of entities, in the
U.S., such Investor acknowledges that the Company will not issue any Securities in compliance with the laws of any
jurisdiction outside of the U.S. and the Company makes no representation or warranty that any Securities issued outside of
the U.S. have been offered or sold in compliance with the laws of the jurisdiction into which such Securities were issued.
Any Investor not a resident of or formed in the U.S. warrants to the Company that no filing is required by the Company with
any governmental authority in such Investor’s jurisdiction in connection with the transactions contemplated hereby. If
such Investor is domiciled or was formed outside of the U.S., such Investor has satisfied itself as to the full observance of
the laws of its jurisdiction in connection with the acquisition of the Securities or any use of Transaction Documents,
including (i) the legal requirements within its jurisdiction for the purchase of the Securities, (ii) any foreign exchange
restrictions applicable to such purchase, (iii) any governmental or other consents that may need to be obtained and (iv) the
income tax and other tax consequences, if any, that may be relevant to the purchase, holding, redemption, sale or transfer of
the Securities. If such Investor is domiciled or was formed outside the U.S., such Investor’s acquisition of and
payment for, and its continued ownership of the Securities, will not violate any applicable securities or other laws of his,
her or its jurisdiction.

 

(16)
No representation or warranty of such Investor contained in the Transaction Documents and no statement or disclosure made by
or on behalf of such Investor to the Company or any of its Subsidiaries pursuant to the Transaction Documents herein contains
an untrue statement of a material fact or omits to state a material fact necessary to make the statements contained herein or
therein not misleading.

 

    	-13-EXHIBIT 4.2

 

Exhibit 4.2

 

REGISTRATION
RIGHTS AGREEMENT

 

This
Registration Rights Agreement (the “Agreement”), dated as of
______, 2013 is entered into by and between Barfresh Food Group Inc., a Delaware corporation (the “Company”),
and each of the investors (“Investors”) who were issued promissory notes (“Notes”) and warrants
(“Warrants”) of the Company on or about the date hereof, whose names are listed in on Schedule A, attached hereto.
Capitalized terms used herein have the respective meanings ascribed thereto in the Notes and/or Warrants unless otherwise defined
herein.

 

The
parties hereby agree as follows:

 

SECTION
I

DEFINITIONS

 

As
used in this Agreement, the following terms shall have the following meanings:

 

“Execution
Date” shall mean the date the last Note and Warrant are issued.

 

“Person”
means a corporation, a limited liability company, an association, a partnership, an organization, a business, an individual, a
governmental or political subdivision thereof or a governmental agency.

 

“Potential
Material Event” means any of the following: (i) the possession by the Company of material information not ripe for disclosure
in the Registration Statement, which shall be evidenced by determinations in good faith by the Board of Directors of the Company
that disclosure of such information in the Registration Statement would be detrimental to the business and affairs of the Company,
or (ii) any material engagement or activity by the Company which would, in the good faith determination of the Board of Directors
of the Company, be adversely affected by disclosure in the Registration Statement at such time, which determination shall be accompanied
by a good faith determination by the Board of Directors of the Company that the Registration Statement would be materially misleading
absent the inclusion of such information.

 

“Register,”
“Registered,” and “Registration” refer to the Registration effected by preparing and filing
one (1) or more Registration Statements in compliance with the 1933 Act and pursuant to Rule 415 under the 1933 Act or any successor
rule providing for offering securities on a continuous basis (“Rule 415”), and the declaration or ordering of effectiveness
of such Registration Statement(s) by the United States Securities and Exchange Commission (the “SEC”).

 

“Registrable
Securities” means (i) the shares of Common Stock issuable upon exercise of the Warrants and (ii) any shares of capital
stock issued or issuable with respect to such shares of Common Stock, if any, as a result of any stock split, stock dividend,
recapitalization, exchange or similar event or otherwise, which have not been (x) included in the Registration Statement that
has been declared effective by the SEC, or (y) sold under circumstances meeting all of the applicable conditions of Rule 144 (or
any similar provision then in force) under the 1933 Act.

 

“Registration
Statement” means the registration statement of the Company filed under the 1933 Act covering the Registrable Securities.

 

    	 

    	 

    

 

SECTION
II

REGISTRATION

 

2.1 The
Company shall, within ninety (90) days of the date of the final closing of the offering that commenced in December 2013, file
with the SEC a Registration Statement or Registration Statements (as is necessary) on Form S-1 (or, if such form is unavailable
for such a registration, on such other form as is available for such registration), covering the resale of all of the Registrable
Securities, which Registration Statement(s) shall state that, in accordance with Rule 416 promulgated under the 1933 Act, such
Registration Statement also covers such indeterminate number of additional shares of Common Stock as may become issuable upon
stock splits, stock dividends or similar transactions..

 

2.2 The
Company shall use all commercially reasonable best efforts to have the Registration Statement(s) declared effective by the SEC
within two hundred ten (210) calendar days after the Execution Date.

 

2.3 Investor
may withdraw all or part of the Investor’s Registrable Securities from the Registration Statement prior to the effective
date of said Registration Statement.

 

SECTION
III

RELATED
OBLIGATIONS

 

At
such time as the Company is obligated to prepare and file the Registration Statement with the SEC pursuant to Section 2, the Company
will effect the registration of the Registrable Securities in accordance with the intended method of disposition thereof and,
with respect thereto, the Company shall have the following obligations:

 

3.1 The
Company shall use all commercially reasonable efforts to cause such Registration Statement relating to the Registrable Securities
to become effective within two hundred ten (210) calendar days after the Execution Date, and shall keep such Registration Statement
effective until the the date on which (A) the Investor shall have sold all the Registrable Securities; and (B) the Investor
has no right to acquire any additional shares of Common Stock under the Warrants (the “Registration Period”).
The Registration Statement (including any amendments or supplements thereto and prospectuses contained therein) shall not contain
any untrue statement of a material fact or omit to state a material fact required to be stated therein, or necessary to make the
statements therein, in light of the circumstances in which they were made, not misleading. The Company shall use all commercially
reasonable efforts to respond to all SEC comments within ten (15) business days from receipt of such comments by the Company.
The Company shall use all commercially reasonable efforts to cause the Registration Statement relating to the Registrable Securities
to become effective no later than five (5) business days after notice from the SEC that the Registration Statement may be declared
effective. The Investor agrees to provide all information which it is required by law to provide to the Company, including the
intended method of disposition of the Registrable Securities, and the Company’s obligations set forth above shall be conditioned
on the receipt of such information.

 

    	2

    	 

    

  

3.2 The
Company shall prepare and file with the SEC such amendments (including post-effective amendments) and supplements to the Registration
Statement and the prospectus used in connection with such Registration Statement, which prospectus is to be filed pursuant to
Rule 424 promulgated under the 1933 Act, as may be necessary to keep such Registration Statement effective during the Registration
Period, and, during such period, comply with the provisions of the 1933 Act with respect to the disposition of all Registrable
Securities of the Company covered by such Registration Statement until such time as all of such Registrable Securities shall have
been disposed of in accordance with the intended methods of disposition by the Investor thereof as set forth in such Registration
Statement. In the event the number of shares of Common Stock covered by the Registration Statement filed pursuant to this Agreement
is at any time insufficient to cover all of the Registrable Securities, the Company shall amend such Registration Statement, or
file a new Registration Statement (on the short form available therefor, if applicable), or both, so as to cover all of the Registrable
Securities, in each case, as soon as practicable, but in any event within thirty (30) calendar days after the necessity therefor
arises (based on the then purchase price of the Common Stock and other relevant factors on which the Company reasonably elects
to rely), assuming the Company has sufficient authorized shares at that time, and if it does not, within thirty (30) calendar
days after such shares are authorized. The Company shall use commercially reasonable efforts to cause such amendment and/or new
Registration Statement to become effective as soon as practicable following the filing thereof.

 

3.3 The
Company shall make available to the Investor whose Registrable Securities are included in any Registration Statement and its legal
counsel without charge (i) promptly after the same is prepared and filed with the SEC at least one (1) copy of such Registration
Statement and any amendment(s) thereto, including financial statements and schedules, all documents incorporated therein by reference
and all exhibits, the prospectus included in such Registration Statement (including each preliminary prospectus) and, with regards
to such Registration Statement(s), any correspondence by or on behalf of the Company to the SEC or the staff of the SEC and any
correspondence from the SEC or the staff of the SEC to the Company or its representatives; (ii) upon the effectiveness of any
Registration Statement, the Company shall make available copies of the prospectus, via EDGAR, included in such Registration Statement
and all amendments and supplements thereto; and (iii) such other documents, including copies of any preliminary or final prospectus,
as the Investor may reasonably request from time to time in order to facilitate the disposition of the Registrable Securities.

 

3.4 Rule
415; Cutback. If at any time the SEC takes the position that the offering of some or all of the Registrable Securities in
a Registration Statement is not eligible to be made on a delayed or continuous basis under the provisions of Rule 415 under the
1933 Act or requires any Investor to be named as an “underwriter”, the Company shall use its best efforts to persuade
the SEC that the offering contemplated by the Registration Statement is a valid secondary offering and not an offering “by
or on behalf of the issuer” as defined in Rule 415 and that none of the Investors is an “underwriter”. In the
event that, despite the Company’s best efforts and compliance with the terms of this Section 3.4, the SEC refuses to alter
its position, the Company shall (i) remove from the Registration Statement such portion of the Registrable Securities (the “Cut
Back Shares”) and/or (ii) agree to such restrictions and limitations on the registration and resale of the Registrable
Securities as the SEC may require to assure the Company’s compliance with the requirements of Rule 415 (collectively, the
“SEC Restrictions”); provided, however, that the Company shall not agree to name any Investor as an “underwriter”
in such Registration Statement without the prior written consent of such Investor. Any cut-back imposed on the Investors pursuant
to this Section 2(d) shall be allocated among the Investors on a pro rata basis. From and after the date on which SEC Restrictions
applicable to any Cut Back Shares are lifted are lifted (“Restriction Termination Date”) , all of the provisions of
this Section 3 shall again be applicable to such Cut Back Shares; provided, however, that (i) the Filing Deadline for the Registration
Statement including such Cut Back Shares shall be ten (10) Business Days after such Restriction Termination Date, and (ii) the
date by which the Company is required to obtain effectiveness with respect to such Cut Back Shares under Section 3.4 shall be
the 90th day immediately after the Restriction Termination Date; provided, further, however, no such damages shall
accrue under clauses (i) or (ii) of the immediately preceding proviso from and after the 180th days following the Execution
Date.

 

    	3

    	 

    

  

3.5 The
Company shall use commercially reasonable efforts to (i) register and qualify the Registrable Securities covered by the Registration
Statement under such other securities or “blue sky” laws of such states in the United States as the Investor reasonably
requests; (ii) prepare and file in those jurisdictions, such amendments (including post-effective amendments) and supplements
to such registrations and qualifications as may be necessary to maintain the effectiveness thereof during the Registration Period;
(iii) take such other actions as may be necessary to maintain such registrations and qualifications in effect at all times during
the Registration Period, and (iv) take all other actions reasonably necessary or advisable to qualify the Registrable Securities
for sale in such jurisdictions; provided, however, that the Company shall not be required in connection therewith or as a condition
thereto to (x) qualify to do business in any jurisdiction where it would not otherwise be required to qualify but for this Section
3.4, or (y) subject itself to general taxation in any such jurisdiction. The Company shall promptly notify the Investor who holds
Registrable Securities of the receipt by the Company of any notification with respect to the suspension of the registration or
qualification of any of the Registrable Securities for sale under the securities or “blue sky” laws of any jurisdiction
in the United States or its receipt of actual notice of the initiation or threatening of any proceeding for such purpose.

 

3.6 As
promptly as practicable after becoming aware of such event, the Company shall notify Investor in writing of the happening of any
event as a result of which the prospectus included in the Registration Statement, as then in effect, includes an untrue statement
of a material fact or omission to state a material fact required to be stated therein or necessary to make the statements therein,
in light of the circumstances under which they were made, not misleading (“Registration Default”) and use all
diligent efforts to promptly prepare a supplement or amendment to such Registration Statement and take any other necessary steps
to cure the Registration Default (which, if such Registration Statement is on Form S-3, may consist of a document to be filed
by the Company with the SEC pursuant to Section 13(a), 13(c), 14 or 15(d) of the 1934 Act (as defined below) and to be incorporated
by reference in the prospectus) to correct such untrue statement or omission, and make available copies of such supplement or
amendment to the Investor. The Company shall also promptly notify the Investor (i) when a prospectus or any prospectus supplement
or post-effective amendment has been filed, and when the Registration Statement or any post-effective amendment has become effective
(the Company will prepare notification of such effectiveness which shall be delivered to the Investor on the same day of such
effectiveness and by overnight mail), additionally, the Company will promptly provide to the Investor, a copy of the effectiveness
order prepared by the SEC once it is received by the Company; (ii) of any request by the SEC for amendments or supplements to
the Registration Statement or related prospectus or related information, (iii) of the Company’s reasonable determination
that a post-effective amendment to the Registration Statement would be appropriate, (iv) in the event the Registration Statement
is no longer effective, or (v) if the Registration Statement is stale as a result of the Company’s failure to timely file
its financials or otherwise

 

3.7 The
Company shall use all commercially reasonable efforts to prevent the issuance of any stop order or other suspension of effectiveness
of the Registration Statement, or the suspension of the qualification of any of the Registrable Securities for sale in any jurisdiction
and, if such an order or suspension is issued, to obtain the withdrawal of such order or suspension at the earliest possible moment
and to notify the Investor holding Registrable Securities being sold of the issuance of such order and the resolution thereof
or its receipt of actual notice of the initiation or threat of any proceeding concerning the effectiveness of the registration
statement.

 

3.8 The
Company shall permit the Investor and one (1) legal counsel, designated by the Investor, to review and comment upon the Registration
Statement and all amendments and supplements thereto at least four (4) business days prior to their filing with the SEC. However,
any postponement of a filing of a Registration Statement or any postponement of a request for acceleration or any postponement
of the effective date or effectiveness of a Registration Statement by written request of the Investor (collectively, the “Investor’s
Delay”) shall not act to trigger any penalty of any kind, or any cash amount due or any in kind amount due the Investor
from the Company under any and all agreements of any nature or kind between the Company and the Investor. The event(s) of an Investor’s
Delay shall act to suspend all obligations of any kind or nature of the Company under this Agreement. Notwithstanding anything
contained herein to the contrary, the Company has no obligation to postpone filing the Registration Statement, a request for acceleration
or to postpone the effective date or effectiveness the Registration Statement.

 

    	4

    	 

    

  

3.9 The
Company shall hold in confidence and not make any disclosure of information concerning the Investor unless (i) disclosure of such
information is necessary to comply with federal or state securities laws, (ii) the disclosure of such information is necessary
to avoid or correct a misstatement or omission in any Registration Statement, (iii) the release of such information is ordered
pursuant to a subpoena or other final, non-appealable order from a court or governmental body of competent jurisdiction, or (iv)
such information has been made generally available to the public other than by disclosure in violation of this Agreement or any
other agreement. The Company agrees that it shall, upon learning that disclosure of such information concerning the Investor is
sought in or by a court or governmental body of competent jurisdiction or through other means, give prompt written notice to the
Investor and allow the Investor, at the Investor’s expense, to undertake appropriate action to prevent disclosure of, or
to obtain a protective order covering such information.

 

3.10 The
Company shall use all commercially reasonable efforts to maintain designation and quotation of all the Registrable Securities
covered by any Registration Statement on the Principal Market. If, despite the Company’s commercially reasonable efforts,
the Company is unsuccessful in satisfying the preceding sentence, it shall use commercially reasonable efforts to cause all the
Registrable Securities covered by any Registration Statement to be listed on each other national securities exchange and automated
quotation system, if any, on which securities of the same class or series issued by the Company are then listed, if any, if the
listing of such Registrable Securities is then permitted under the rules of such exchange or system. The Company shall pay all
fees and expenses in connection with satisfying its obligation under this Section 3.10.

 

3.11 The
Company shall cooperate with the Investor to facilitate the prompt preparation and delivery of certificates representing the Registrable
Securities to be offered pursuant to the Registration Statement and enable such certificates to be in such denominations or amounts,
as the case may be, as the Investor may reasonably request (and after any sales of such Registrable Securities by the Investor,
such certificates not bearing any restrictive legend).

 

3.12 The
Company shall provide a transfer agent for all the Registrable Securities not later than the effective date of the first Registration
Statement filed pursuant hereto.

 

3.13 If
requested by the Investor, the Company shall (i) as soon as reasonably practical incorporate in a prospectus supplement or post-effective
amendment such information as the Investor reasonably determines should be included therein relating to the sale and distribution
of Registrable Securities, including, without limitation, information with respect to the offering of the Registrable Securities
to be sold in such offering; (ii) make all required filings of such prospectus supplement or post-effective amendment as soon
as reasonably possible after being notified of the matters to be incorporated in such prospectus supplement or post-effective
amendment; and (iii) supplement or make amendments to any Registration Statement if reasonably requested by the Investor.

 

3.14 The
Company shall use all commercially reasonable efforts to cause the Registrable Securities covered by the applicable Registration
Statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to facilitate
the disposition of such Registrable Securities.

 

    	5

    	 

    

  

3.15 The
Company shall otherwise use all commercially reasonable efforts to comply with all applicable rules and regulations of the SEC
in connection with any registration hereunder.

 

3.16 Within
three (3) business day after the Registration Statement which includes Registrable Securities is declared effective by the SEC,
the Company shall deliver to the transfer agent for such Registrable Securities, with copies to the Investor, confirmation that
such Registration Statement has been declared effective by the SEC.

 

3.17 The
Company shall take all other reasonable actions necessary to expedite and facilitate disposition by the Investor of Registrable
Securities pursuant to the Registration Statement.

 

SECTION
IV

OBLIGATIONS
OF THE INVESTOR

 

4.1 At
least five (5) business days prior to the first anticipated filing date of the Registration Statement the Company shall notify
the Investor in writing of the information the Company requires from the Investor for the Registration Statement. It shall be
a condition precedent to the obligations of the Company to complete the registration pursuant to this Agreement with respect to
the Registrable Securities and the Investor agrees to furnish to the Company that information regarding itself, the Registrable
Securities and the intended method of disposition of the Registrable Securities as shall reasonably be required to effect the
registration of such Registrable Securities and the Investor shall execute such documents in connection with such registration
as the Company may reasonably request. The Investor covenants and agrees that, in connection with any sale of Registrable Securities
by it pursuant to the Registration Statement, it shall comply with the “Plan of Distribution” section of the then
current prospectus relating to such Registration Statement.

 

4.2 The
Investor, by its acceptance of the Registrable Securities, agrees to cooperate with the Company as reasonably requested by the
Company in connection with the preparation and filing of any Registration Statement hereunder, unless the Investor has notified
the Company in writing of an election to exclude all of the Investor’s Registrable Securities from such Registration Statement.

 

4.3 The
Investor agrees that, upon receipt of written notice from the Company of the happening of any event of the kind described in Section
3.6 or the second sentence of 3.5, the Investor will immediately discontinue disposition of Registrable Securities pursuant to
any Registration Statement(s) covering such Registrable Securities until the Investor’s receipt of the copies of the supplemented
or amended prospectus contemplated by Section 3.6 or the first sentence of 3.5.

 

SECTION
V

EXPENSES
OF REGISTRATION

 

All
expenses, other than underwriting discounts and commissions incurred in connection with registrations including comments, filings
or qualifications pursuant to Sections 2 and 3, including, without limitation, all registration, listing and qualifications fees,
and printing fees shall be paid by the Company.

 

    	6

    	 

    

  

SECTION
VI

INDEMNIFICATION

 

In
the event any Registrable Securities are included in the Registration Statement under this Agreement:

 

6.1 To
the fullest extent permitted by law, the Company, under this Agreement, will, and hereby does, indemnify, hold harmless and defend
the Investor who holds Registrable Securities, the directors, officers, partners, employees, counsel, agents, representatives
of, and each Person, if any, who controls, any Investor within the meaning of the 1933 Act or the Securities Exchange Act of 1934,
as amended (the “1934 Act”) (each, an “Indemnified Person”), against any losses, claims,
damages, liabilities, judgments, fines, penalties, charges, costs, attorneys’ fees, amounts paid in settlement or expenses,
joint or several (collectively, “Claims”), incurred in investigating, preparing or defending any action, claim,
suit, inquiry, proceeding, investigation or appeal taken from the foregoing by or before any court or governmental, administrative
or other regulatory agency, body or the SEC, whether pending or threatened, whether or not an indemnified party is or may be a
party thereto (“Indemnified Damages”), to which any of them may become subject insofar as such Claims (or actions
or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon: (i) any untrue statement
or alleged untrue statement of a material fact in the Registration Statement or any post-effective amendment thereto or in any
filing made in connection with the qualification of the offering under the securities or other “blue sky” laws of
any jurisdiction in which the Investor has requested in writing that the Company register or qualify the Shares (“Blue
Sky Filing”), or the omission or alleged omission to state a material fact required to be stated therein or necessary
to make the statements therein, in light of the circumstances under which the statements therein were made, not misleading, (ii)
any untrue statement or alleged untrue statement of a material fact contained in the final prospectus (as amended or supplemented,
if the Company files any amendment thereof or supplement thereto with the SEC) or the omission or alleged omission to state therein
any material fact necessary to make the statements made therein, in light of the circumstances under which the statements therein
were made, not misleading, or (iii) any violation or alleged violation by the Company of the 1933 Act, the 1934 Act, any other
law, including, without limitation, any state securities law, or any rule or regulation thereunder relating to the offer or sale
of the Registrable Securities pursuant to the Registration Statement (the matters in the foregoing clauses (i) through (iii) being,
collectively, “Violations”). Subject to the restrictions set forth in Section 6.3 the Company shall reimburse
the Investor and each such controlling person, promptly as such expenses are incurred and are due and payable, for any reasonable
legal fees or other reasonable expenses incurred by them in connection with investigating or defending any such Claim. Notwithstanding
anything to the contrary contained herein, the indemnification agreement contained in this Section 6.1: (i) shall not apply to
a Claim arising out of or based upon a Violation which is due to the inclusion in the Registration Statement of the information
furnished to the Company by any Indemnified Person expressly for use in connection with the preparation of the Registration Statement
or any such amendment thereof or supplement thereto; (ii) shall not be available to the extent such Claim is based on (a) a failure
of the Investor to deliver or to cause to be delivered the prospectus made available by the Company or (b) the Indemnified Person’s
use of an incorrect prospectus despite being promptly advised in advance by the Company in writing not to use such incorrect prospectus;
(iii) any claims based on the manner of sale of the Registrable Securities by the Investor or of the Investor’s failure
to register as a dealer under applicable securities laws; (iv) any omission of the Investor to notify the Company of any material
fact that should be stated in the Registration Statement or prospectus relating to the Investor or the manner of sale; and (v)
any amounts paid in settlement of any Claim if such settlement is effected without the prior written consent of the Company, which
consent shall not be unreasonably withheld. Such indemnity shall remain in full force and effect regardless of any investigation
made by or on behalf of the Indemnified Person and shall survive the resale of the Registrable Securities by the Investor pursuant
to the Registration Statement.

 

    	7

    	 

    

  

6.2 In
connection with any Registration Statement in which Investor is participating, the Investor agrees to severally and jointly indemnify,
hold harmless and defend, to the same extent and in the same manner as is set forth in Section 6.1, the Company, each of its directors,
each of its officers who signs the Registration Statement, each Person, if any, who controls the Company within the meaning of
the 1933 Act or the 1934 Act and the Company’s agents (collectively and together with an Indemnified Person, an “Indemnified
Party”), against any Claim or Indemnified Damages to which any of them may become subject, under the 1933 Act, the 1934
Act or otherwise, insofar as such Claim or Indemnified Damages arise out of or are based upon any Violation, in each case to the
extent, and only to the extent, that such Violation is due to the inclusion in the Registration Statement of the written information
furnished to the Company by the Investor expressly for use in connection with such Registration Statement; and, subject to Section
6.3, the Investor will reimburse any legal or other expenses reasonably incurred by them in connection with investigating or defending
any such Claim; provided, however, that the indemnity agreement contained in this Section 6.2 and the agreement with respect
to contribution contained in Section 7 shall not apply to amounts paid in settlement of any Claim if such settlement is effected
without the prior written consent of the Investor, which consent shall not be unreasonably withheld; provided, further, however,
that the Investor shall only be liable under this Section 6.2 for that amount of a Claim or Indemnified Damages as does not exceed
the net proceeds to such Investor as a result of the sale of Registrable Securities pursuant to such Registration Statement. Such
indemnity shall remain in full force and effect regardless of any investigation made by or on behalf of such Indemnified Party
and shall survive the resale of the Registrable Securities by the Investor pursuant to the Registration Statement. Notwithstanding
anything to the contrary contained herein, the indemnification agreement contained in this Section 6.2 with respect to any preliminary
prospectus shall not inure to the benefit of any Indemnified Party if the untrue statement or omission of material fact contained
in the preliminary prospectus were corrected on a timely basis in the prospectus, as then amended or supplemented. This indemnification
provision shall apply separately to each Investor and liability hereunder shall not be joint and several.

 

6.3 Promptly
after receipt by an Indemnified Person or Indemnified Party under this Section 6 of written notice of the commencement of any
action or proceeding (including any governmental action or proceeding) involving a Claim, such Indemnified Person or Indemnified
Party shall, if a Claim in respect thereof is to be made against any indemnifying party under this Section 6, deliver to the indemnifying
party a written notice of the commencement thereof, and the indemnifying party shall have the right to participate in, and, to
the extent the indemnifying party so desires, jointly with any other indemnifying party similarly noticed, to assume control of
the defense thereof with counsel mutually satisfactory to the indemnifying party and the Indemnified Person or the Indemnified
Party, as the case may be; provided, however, that an Indemnified Person or Indemnified Party shall have the right to retain its
own counsel with the fees and expenses to be paid by the indemnifying party, if, in the reasonable opinion of counsel retained
by the Indemnified Person or Indemnified Party, the representation by counsel of the Indemnified Person or Indemnified Party and
the indemnifying party would be inappropriate due to actual or potential differing interests between such Indemnified Person or
Indemnified Party and any other party represented by such counsel in such proceeding. The indemnifying party shall pay for only
one (1) separate legal counsel for the Indemnified Persons or the Indemnified Parties, as applicable, and such counsel shall be
selected by the Investor, if the Investor is entitled to indemnification hereunder, or the Company, if the Company is entitled
to indemnification hereunder, as applicable. The Indemnified Party or Indemnified Person shall cooperate fully with the indemnifying
party in connection with any negotiation or defense of any such action or Claim by the indemnifying party and shall furnish to
the indemnifying party all information reasonably available to the Indemnified Party or Indemnified Person which relates to such
action or Claim. The indemnifying party shall keep the Indemnified Party or Indemnified Person fully apprised at all times as
to the status of the defense or any settlement negotiations with respect thereto. No indemnifying party shall be liable for any
settlement of any action, claim or proceeding affected without its written consent, provided, however, that the indemnifying party
shall not unreasonably withhold, delay or condition its consent. No indemnifying party shall, without the consent of the Indemnified
Party or Indemnified Person, consent to entry of any judgment or enter into any settlement or other compromise which does not
include as an unconditional term thereof the giving by the claimant or plaintiff to such Indemnified Party or Indemnified Person
of a release from all liability in respect to such Claim. Following indemnification as provided for hereunder, the indemnifying
party shall be subrogated to all rights of the Indemnified Party or Indemnified Person with respect to all third parties, firms
or corporations relating to the matter for which indemnification has been made. The failure to deliver written notice to the indemnifying
party within a reasonable time of the commencement of any such action shall not relieve such indemnifying party of any liability
to the Indemnified Person or Indemnified Party under this Section 6, except to the extent that the indemnifying party is prejudiced
in its ability to defend such action.

 

    	8

    	 

    

  

6.4 The
indemnity agreements contained herein shall be in addition to (i) any cause of action or similar right of the Indemnified Party
or Indemnified Person against the indemnifying party or others, and (ii) any liabilities the indemnifying party may be subject
to pursuant to the law.

 

SECTION
VII

CONTRIBUTION

 

7.1 To
the extent any indemnification by an indemnifying party is prohibited or limited by law, the indemnifying party agrees to make
the maximum contribution with respect to any amounts for which it would otherwise be liable under Section 6 to the fullest extent
permitted by law; provided, however, that: (i) no contribution shall be made under circumstances where the maker would not have
been liable for indemnification under the fault standards set forth in Section 6; (ii) no seller of Registrable Securities guilty
of fraudulent misrepresentation (within the meaning of Section 11(f) of the 1933 Act) shall be entitled to contribution from any
seller of Registrable Securities who was not guilty of fraudulent misrepresentation; and (iii) contribution by any seller of Registrable
Securities shall be limited in amount to the net amount of proceeds received by such seller from the sale of such Registrable
Securities.

 

SECTION
VIII

REPORTS
UNDER THE 1934 ACT

 

8.1 With
a view to making available to the Investor the benefits of Rule 144 promulgated under the 1933 Act or any other similar rule or
regulation of the SEC that may at any time permit the Investor to sell securities of the Company to the public without registration
(“Rule 144”), provided that the Investor holds any Registrable Securities are eligible for resale under Rule 144,
the Company agrees to:

 

	 	a.	make
    and keep public information available, as those terms are understood and defined in Rule 144;
	 	 	 
	 	b.	file
    with the SEC in a timely manner all reports and other documents required of the Company under the 1933 Act and the 1934 Act
    so long as the Company remains subject to such requirements and the filing of such reports and other documents is required
    for the applicable provisions of Rule 144; and
	 	 	 
	 	c.	furnish
    to the Investor, promptly upon request, (i) a written statement by the Company that it has complied with the reporting requirements
    of Rule 144, the 1933 Act and the 1934 Act, (ii) a copy of the most recent annual or quarterly report of the Company and such
    other reports and documents so filed by the Company, and (iii) such other information as may be reasonably requested to permit
    the Investor to sell such securities pursuant to Rule 144 without registration.

 

    	9

    	 

    

  

SECTION
X

MISCELLANEOUS

 

9.1 NOTICES.
Any notices or other communications required or permitted to be given under the terms of this Agreement that must be in writing
will be deemed to have been delivered (i) upon receipt, when delivered personally; (ii) upon receipt, when sent by facsimile (provided
a confirmation of transmission is mechanically or electronically generated and kept on file by the sending party); or (iii) one
(1) day after deposit with a nationally recognized overnight delivery service, in each case properly addressed to the party to
receive the same; or (iv) upon confirmation of receipt sent by addressee, when sent by email. The details for such communications
shall be:

  

	If
    to the Company:	 	Barfresh
    Food Group Inc.	 
	 	 	90 Madison
    Street	 
	 	 	Suite 701	 
	 	 	Denver, CO
    80206	 
	 	 	Attn: Riccardo
    Delle Coste	 
	 	 	Facsimile:
    310 295 2432	 
		 	Email: riccardo@smoothieinc.com	 

 

	If to the Investor:	 	 	 
	 	 	 	 
	 	 		 
	 	 	Attn:		 
	 	 	Facsimile:	 	 
	 	 	Email:	 	 

 

Each
party shall provide five (5) business days prior notice to the other party of any change in address, phone number, email address,
or facsimile number.

 

9.2 NO
WAIVERS. Failure of any party to exercise any right or remedy under this Agreement or otherwise, or delay by a party in exercising
such right or remedy, shall not operate as a waiver thereof.

 

9.3 NO
ASSIGNMENTS. The rights and obligations under this Agreement shall not be assignable.

 

9.4 ENTIRE
AGREEMENT/AMENDMENT. This Agreement, the Notes and the Warrants constitute the entire agreement among the parties hereto with
respect to the subject matter hereof and thereof. There are no restrictions, promises, warranties or undertakings, other than
those set forth or referred to herein and therein. This Agreement, the Notes and the Warrants supersede all prior agreements and
understandings among the parties hereto with respect to the subject matter hereof and thereof. The provisions of this Agreement
may be amended only with the written consent of the Company and Investor.

 

9.5 HEADINGS.
The headings in this Agreement are for convenience of reference only and shall not limit or otherwise affect the meaning hereof.
Whenever required by the context of this Agreement, the singular shall include the plural and masculine shall include the feminine.
This Agreement shall not be construed as if it had been prepared by one of the parties, but rather as if all the parties had prepared
the same.

 

    	10

    	 

    

  

9.6 COUNTERPARTS.
This Agreement may be executed in any number of counterparts and by the different signatories hereto on separate counterparts,
each of which, when so executed, shall be deemed an original, but all such counterparts shall constitute but one and the same
instrument. This Agreement may be executed by facsimile transmission, PDF, electronic signature or other similar electronic means
with the same force and effect as if such signature page were an original thereof.

 

9.7 FURTHER
ASSURANCES. Each party shall do and perform, or cause to be done and performed, all such further acts and things, and shall
execute and deliver all such other agreements, certificates, instruments and documents, as the other party may reasonably request
in order to carry out the intent and accomplish the purposes of this Agreement and the consummation of the transactions contemplated
hereby.

 

9.8 SEVERABILITY.
In case any provision of this Agreement is held by a court of competent jurisdiction to be excessive in scope or otherwise invalid
or unenforceable, such provision shall be adjusted rather than voided, if possible, so that it is enforceable to the maximum extent
possible, and the validity and enforceability of the remaining provisions of this Agreement will not in any way be affected or
impaired thereby.

 

9.9 Law
Governing this Agreement. This Agreement shall be governed by and construed in accordance with the laws of the State
of Delaware without regard to principles of conflicts of laws. Any action brought by either party against the other concerning
the transactions contemplated by this Agreement shall be brought only in the state or federal courts located in the county of
Denver, State of Colorado. The parties to this Agreement hereby irrevocably waive any objection to jurisdiction and venue of any
action instituted hereunder and shall not assert any defense based on lack of jurisdiction or venue or based upon forum non
conveniens. The parties executing this Agreement and other agreements, Notes and Warrants referred to herein or delivered
in connection herewith on behalf of the Company agree to submit to the in personam jurisdiction of such courts and hereby irrevocably
waive trial by jury. The prevailing party shall be entitled to recover from the other party its reasonable attorney’s
fees and costs. In the event that any provision of this Agreement or any other agreement delivered in connection herewith is invalid
or unenforceable under any applicable statute or rule of law, then such provision shall be deemed inoperative to the extent that
it may conflict therewith and shall be deemed modified to conform with such statute or rule of law. Any such provision which may
prove invalid or unenforceable under any law shall not affect the validity or enforceability of any other provision of any agreement.
Each party hereby irrevocably waives personal service of process and consents to process being served in any suit, action or proceeding
in connection with this Agreement, the Notes or the Warrants 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 Agreement 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 law.

 

9.10 NO
THIRD PARTY BENEFICIARIES. This Agreement is intended for the benefit of the parties hereto and is not for the benefit of,
nor may any provision hereof be enforced by, any other person, except that the Company acknowledges that the rights of the Investor
may be enforced by its general partner.

 

[Signature
page follows]

 

    	11

    	 

    

  

Your
signature on this Signature Page evidences your agreement to be bound by the terms and conditions of the Registration Rights Agreement
as of the date first written above. The undersigned signatory hereby certifies that he has read and understands the Registration
Rights Agreement, and the representations made by the undersigned in this Registration Rights Agreement are true and accurate,
and agrees to be bound by its terms.

 

	 	BAR
    FRESH FOOD GROUP INC.
	 	 
	 	By:	
	 	Name:	Riccardo Delle
    Coste
	 	Title:	Chief Executive
    Officer
	 	 	 
	 	INVESTOR
	 	
	 	By:	
	 	Name:	 
	 	Title:	 

 

[SIGNATURE
PAGE OF REGISTRATION RIGHTS AGREEMENT]

 

    	12

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