Document:

NEITHER
THE ISSUANCE AND SALE OF THE SECURITIES REPRESENTED BY THIS WARRANT NOR THE SECURITIES INTO WHICH THESE SECURITIES ARE EXERCISABLE
HAVE 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 (WHICH COUNSEL SHALL BE SELECTED BY THE HOLDER), IN
A GENERALLY ACCEPTABLE FORM, THAT REGISTRATION IS NOT REQUIRED UNDER SAID ACT OR (II) UNLESS 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.

 

	 	Right
    to Purchase 475,000 shares of Common Stock of Car Charging Group, Inc. (subject to adjustment as provided herein)

 

CLASS
A COMMON STOCK PURCHASE WARRANT

 

	No.
    FG -002	Issue
    Date: June 24, 2016

 

CAR
CHARGING GROUP, INC., a corporation organized under the laws of the State of Nevada (the “Company”), hereby certifies
that, for value received, The Farkas Group Inc. or its assigns (the “Holder”), is entitled, subject to the terms set
forth below, to purchase from the Company at any time after the Issue Date until 5:00 p.m., E.S.T. on the three (3) year anniversary
of the Issue Date (the “Expiration Date”), up to 475,000 fully paid and nonassessable shares of Common Stock at a
per share purchase price of $0.70. The aforedescribed purchase price per share, as adjusted from time to time as herein provided,
is referred to herein as the “Purchase Price.” The number and character of such shares of Common Stock and the Purchase
Price are subject to adjustment as provided herein. The Company may reduce the Purchase Price for some or all of the Warrants,
temporarily or permanently, provided such reduction is made as to all outstanding Warrants for all Holders of such Warrants.

 

As
used herein the following terms, unless the context otherwise requires, have the following respective meanings:

 

(a)The
term “Company” shall mean Car Charging Group, Inc., a Nevada corporation, and any corporation which shall succeed
or assume the obligations of Car Charging Group, Inc. hereunder.

 

(b)The
term “Common Stock” includes (i) the Company’s Common Stock, $0.001 par value per share, as authorized on the
date hereof, and (ii) any other securities into which or for which any of the securities described herein (i) may be converted
or exchanged pursuant to a plan of recapitalization, reorganization, merger, sale of assets or otherwise.

 

(c)The
term “Other Securities” refers to any stock (other than Common Stock) and other securities of the Company or any other
person (corporate or otherwise) which the holder of the Warrant at any time shall be entitled to receive, or shall have received,
on the exercise of the Warrant, in lieu of or in addition to Common Stock, or which at any time shall be issuable or shall have
been issued in exchange for or in replacement of Common Stock or Other Securities pursuant to Section 4 herein or otherwise.

 

(d)The
term “Warrant Shares” shall mean the Common Stock issuable upon exercise of this Warrant.

 

    	 	 	 

     

    

 

1.Exercise
of Warrant.

 

1.1.Number
of Shares Issuable upon Exercise. From and after the Issue Date through and including the Expiration Date, the Holder hereof
shall be entitled to receive, upon exercise of this Warrant in whole in accordance with the terms of subsection 1.2 or upon exercise
of this Warrant in part in accordance with subsection 1.3, shares of Common Stock of the Company, subject to adjustment pursuant
to Section 4.

 

1.2.Full
Exercise. This Warrant may be exercised in full by the Holder hereof by delivery of an original or facsimile copy of the form
of subscription attached as Exhibit A hereto (the “Subscription Form”) duly executed by such Holder and delivery
within two days thereafter of payment, in cash, wire transfer or by certified or official bank check payable to the order of the
Company, in the amount obtained by multiplying the number of shares of Common Stock for which this Warrant is then exercisable
by the Purchase Price then in effect. The original Warrant is not required to be surrendered to the Company until it has been
fully exercised.

 

1.3.Partial
Exercise. This Warrant may be exercised in part (but not for a fractional share) by delivery of a Subscription Form in the
manner and at the place provided in subsection 1.2 except that the amount payable by the Holder on such partial exercise shall
be the amount obtained by multiplying (a) the number of whole shares of Common Stock designated by the Holder in the Subscription
Form by (b) the Purchase Price then in effect. On any such partial exercise provided the Holder has surrendered the original Warrant,
the Company, at its expense, will forthwith issue and deliver to or upon the order of the Holder hereof a new Warrant of like
tenor, in the name of the Holder hereof or as such Holder (upon payment by such Holder of any applicable transfer taxes) may request,
the whole number of shares of Common Stock for which such Warrant may still be exercised.

 

1.4.Fair
Market Value. Fair Market Value of a share of Common Stock as of a particular date (the “Determination Date”)
shall mean:

 

(a)If
the Company’s Common Stock is traded on an exchange or is quoted on the NASDAQ Global Market, NASDAQ Global Select Market,
the NASDAQ Capital Market, the New York Stock Exchange or the American Stock Exchange, LLC, then the average of the closing sale
prices of the Common Stock for the five (5) Trading Days immediately prior to (but not including) the Determination Date;

 

(b)If
the Company’s Common Stock is not traded on an exchange or on the NASDAQ Global Market, NASDAQ Global Select Market, the
NASDAQ Capital Market, the New York Stock Exchange or the American Stock Exchange, Inc., but is traded on the OTC Bulletin Board
or in the over-the-counter market or Pink Sheets, then the average of the closing bid and ask prices reported for the five (5)
Trading Days immediately prior to (but not including) the Determination Date;

 

(c)Except
as provided in clause (d) below and Section 3.1, if the Company’s Common Stock is not publicly traded, then as the Holder
and the Company agree, or in the absence of such an agreement, by arbitration in accordance with the rules then standing of the
American Arbitration Association, before a single arbitrator to be chosen from a panel of persons qualified by education and training
to pass on the matter to be decided; or

 

(d)If
the Determination Date is the date of a liquidation, dissolution or winding up, or any event deemed to be a liquidation, dissolution
or winding up pursuant to the Company’s charter, then all amounts to be payable per share to holders of the Common Stock
pursuant to the charter in the event of such liquidation, dissolution or winding up, plus all other amounts to be payable per
share in respect of the Common Stock in liquidation under the charter, assuming for the purposes of this clause (d) that all of
the shares of Common Stock then issuable upon exercise of all of the Warrants are outstanding at the Determination Date.

 

1.5.Company
Acknowledgment. The Company will, at the time of the exercise of the Warrant, upon the request of the Holder hereof, acknowledge
in writing its continuing obligation to afford to such Holder any rights to which such Holder shall continue to be entitled after
such exercise in accordance with the provisions of this Warrant. If the Holder shall fail to make any such request, such failure
shall not affect the continuing obligation of the Company to afford to such Holder any such rights.

 

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1.6.Delivery
of Stock Certificates, etc. on Exercise. The Company agrees that, provided the full purchase price listed in the Subscription
Form is received as specified in Sections 1.2, 1.3 or 2, the shares of Common Stock purchased upon exercise of this Warrant shall
be deemed to be issued to the Holder hereof as the record owner of such shares as of the close of business on the date on which
delivery of a Subscription Form shall have occurred and payment made for such shares as aforesaid. As soon as practicable after
the exercise of this Warrant in full or in part, and in any event within three (3) business days thereafter (“Warrant Share
Delivery Date”), the Company at its expense (including the payment by it of any applicable issue taxes) will cause to be
issued in the name of and delivered to the Holder hereof, or as such Holder (upon payment by such Holder of any applicable transfer
taxes) may direct in compliance with applicable securities laws, a certificate or certificates for the number of duly and validly
issued, fully paid and non-assessable shares of Common Stock (or Other Securities) to which such Holder shall be entitled on such
exercise, plus, in lieu of any fractional share to which such Holder would otherwise be entitled, cash equal to such fraction
multiplied by the then Fair Market Value of one full share of Common Stock, together with any other stock or other securities
and property (including cash, where applicable) to which such Holder is entitled upon such exercise pursuant to Section 1 or otherwise.

 

1.7Registration
Rights.The Company shall grant to the Holder or its assignees, for any shares of Common Stock issued pursuant to this
Warrant, piggyback registration rights, on Form S-3, Form SB-2, S-1 or such other form as may be applicable pursuant to the Securities
Act of 1933 as amended in accordance with the terms set forth below. Except as provided herein, the Company shall pay all expenses
in connection with all registration of shares of the Common Stock. Notwithstanding the foregoing, each of the Company and the
Holder shall be responsible for its own internal administrative and similar costs, which shall not constitute registration expenses.

 

2.Cashless
Exercise.

 

Subject
to the provisions herein to the contrary, if the Fair Market Value of one share of Common Stock is greater that the Purchase Price
(at the date of calculation as set forth below), in lieu of exercising this Warrant for cash, the holder may elect to receive
shares equal to the value (as determined below) of this Warrant (or the portion thereof being cancelled) by delivery of a properly
endorsed Subscription Form delivered to the Company by any means described in Section 12, in which event the Company shall issue
to the holder a number of shares of Common Stock computed using the following formula:

 

	 	X=Y
    (A-B)
	 	A

 

	 	Where
    	X
    = 	the
    number of shares of Common Stock to be issued to the holder
	 	 	 	 
	 	 	Y=
    	the
    number of shares of Common Stock purchasable under the Warrant or, if only a portion of the Warrant is being exercised, the
    portion of the Warrant being exercised (at the date of such calculation)
	 	 	 	 
	 	 	A=	Fair
    Market Value
	 	 	 	 
	 	 	B=	Purchase
    Price (as adjusted to the date of such calculation)

 

3.Continuation
of Terms. Upon any reorganization, consolidation, merger or transfer (and any dissolution following any transfer) referred
to in this Section 3, this Warrant shall continue in full force and effect and the terms hereof shall be applicable to the
Other Securities and property receivable on the exercise of this Warrant after the consummation of such reorganization, consolidation
or merger or the effective date of dissolution following any such transfer, as the case may be, and shall be binding upon the
issuer of any Other Securities, including, in the case of any such transfer, the person acquiring all or substantially all of
the properties or assets of the Company, whether or not such person shall have expressly assumed the terms of this Warrant as
provided in Section 4.

 

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4.Intentionally
Omitted.

 

5.Certificate
as to Adjustments. In each case of any adjustment or readjustment in the shares of Common Stock (or Other Securities) issuable
on the exercise of the Warrants, the Company at its expense will promptly cause its Chief Financial Officer or other appropriate
designee to compute such adjustment or readjustment in accordance with the terms of the Warrant and prepare a certificate setting
forth such adjustment or readjustment and showing in detail the facts upon which such adjustment or readjustment is based, including
a statement of (a) the consideration received or receivable by the Company for any additional shares of Common Stock (or Other
Securities) issued or sold or deemed to have been issued or sold, (b) the number of shares of Common Stock (or Other Securities)
outstanding or deemed to be outstanding, and (c) the Purchase Price and the number of shares of Common Stock to be received upon
exercise of this Warrant, in effect immediately prior to such adjustment or readjustment and as adjusted or readjusted as provided
in this Warrant. The Company will forthwith mail a copy of each such certificate to the Holder of the Warrant and any Warrant
Agent of the Company (appointed pursuant to Section 10 hereof).

 

6.Reservation
of Stock, etc. Issuable on Exercise of Warrant; Financial Statements. The Company will at all times reserve and keep available,
solely for issuance and delivery on the exercise of the Warrants, all shares of Common Stock (or Other Securities) from time to
time issuable on the exercise of the Warrant.

 

7.Assignment;
Exchange of Warrant. Subject to compliance with applicable securities laws, this Warrant, and the rights evidenced hereby,
may be transferred by any registered holder hereof (a “Transferor”). On the surrender for exchange of this Warrant,
with the Transferor’s endorsement in the form of Exhibit B attached hereto (the “Transferor Endorsement Form”)
and together with an opinion of counsel reasonably satisfactory to the Company that the transfer of this Warrant will be in compliance
with applicable securities laws, the Company will issue and deliver to or on the order of the Transferor thereof a new Warrant
or Warrants of like tenor, in the name of the Transferor and/or the transferee(s) specified in such Transferor Endorsement Form
(each a “Transferee”), calling in the aggregate on the face or faces thereof for the number of shares of Common Stock
called for on the face or faces of the Warrant so surrendered by the Transferor.

 

8.Replacement
of Warrant. On 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 of this Warrant, on delivery of an indemnity agreement or
security reasonably satisfactory in form and amount to the Company or, in the case of any such mutilation, on surrender and cancellation
of this Warrant, the Company at its expense, twice only, will execute and deliver, in lieu thereof, a new Warrant of like tenor.

 

9.Warrant
Agent. The Company may, by written notice to the Holder of the Warrant, appoint an agent (a “Warrant Agent”) for
the purpose of issuing Common Stock (or Other Securities) on the exercise of this Warrant pursuant to Section 1, exchanging this
Warrant pursuant to Section 7, and replacing this Warrant pursuant to Section 8, or any of the foregoing, and thereafter any such
issuance, exchange or replacement, as the case may be, shall be made at such office by such Warrant Agent.

 

10.Transfer
on the Company’s Books. Until this Warrant is transferred on the books of the Company, the Company may treat the registered
holder hereof as the absolute owner hereof for all purposes, notwithstanding any notice to the contrary.

 

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11.Notices.
All notices, demands, requests, consents, approvals, and other communications required or permitted hereunder shall be in writing
and, unless otherwise specified herein, shall be (i) personally served, (ii) deposited in the mail, registered or certified, return
receipt requested, postage prepaid, (iii) delivered by reputable air courier service with charges prepaid, or (iv) transmitted
by hand delivery, telegram, or facsimile, addressed as set forth below or to such other address as such party shall have specified
most recently by written notice. Any notice or other communication required or permitted to be given hereunder shall be deemed
effective (a) upon hand delivery or delivery by facsimile, with accurate confirmation generated by the transmitting facsimile
machine, at the address or number designated below (if delivered on a business day during normal business hours where such notice
is to be received), or the first business day following such delivery (if delivered other than on a business day during normal
business hours where such notice is to be received) or (b) on the second business day following the date of mailing by express
courier service, fully prepaid, addressed to such address, or upon actual receipt of such mailing, whichever shall first occur.
The addresses for such communications shall be:

 

If
to the Company, to:

 

Car
Charging Group, Inc.

1691
Michigan Avenue, Suite 601, Miami Beach, Florida 33139

Facsimile:
(305) 521-0201

 

If
to the Holder:

 

The
Farkas Group, Inc.

________________________________________________________

Facsimile:
____________________________________________________

 

13.Law
Governing This Warrant. This Warrant shall be governed by and construed in accordance with the laws of the State of Florida
without regard to principles of conflicts of laws. Any action brought by either party against the other concerning the transactions
contemplated by this Warrant shall be brought only in the state courts of Florida or in the federal courts located in the state
and county of Florida. The parties to this Warrant 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 TO THIS AGREEMENT HEREBY IRREVOCABLY WAIVE ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM ARISING
OUT OF OR RELATING TO THIS WARRANT, ANY OTHER AGREEMENT OR INSTRUMENT DELIVERED IN CONNECTION HEREWITH OR THE TRANSACTIONS CONTEMPLATED
HEREBY OR THEREBY. 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 Warrant 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 Warrant 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 Warrant 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.

 

IN
WITNESS WHEREOF, the Company has executed this Warrant as of the date first written above.

 

	 	CAR CHARGING GROUP, INC.
	 	 	 
	 	By:	 
	 	 	Mike
    Calise, Chief Executive Officer

 

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Exhibit
A

 

FORM
OF SUBSCRIPTION

(to
be signed only on exercise of Warrant)

 

TO:
CAR CHARGING GROUP, INC.

 

The
undersigned, pursuant to the provisions set forth in the attached Warrant (No.____), hereby irrevocably elects to purchase (check
applicable box):

 

___________
shares of the Common Stock covered by such Warrant; or

 

___the
maximum number of shares of Common Stock covered by such Warrant pursuant to the cashless exercise procedure set forth in Section
2.

 

 

The
undersigned herewith makes payment of the full purchase price for such shares at the price per share provided for in such Warrant,
which is $___________. Such payment takes the form of (check applicable box): 

 

___$__________
in lawful money of the United States; and/or

 

___the
cancellation of such portion of the attached Warrant as is exercisable for a total of _______ shares of Common Stock (using a
Fair Market Value of $________ per share for purposes of this calculation); and/or

 

___the
cancellation of such number of shares of Common Stock as is necessary, in accordance with the formula set forth in Section 2,
to exercise this Warrant with respect to the maximum number of shares of Common Stock purchasable pursuant to the cashless exercise
procedure set forth in Section 2.

  

The
undersigned requests that the certificates for such shares be issued in the name of, and delivered to _____________________________________________________
whose address is _______________________

________________________________________________________________________________________________

_______________________________________________________________.

 

The
undersigned represents and warrants that all offers and sales by the undersigned of the securities issuable upon exercise of the
within Warrant shall be made pursuant to registration of the Common Stock under the Securities Act of 1933, as amended (the “Securities
Act”), or pursuant to an exemption from registration under the Securities Act.

 

	 	 
	Dated:___________________	 (Signature
    must conform to name of holder as specified on the face of the Warrant)
	 	 
	 	 
	 	 
	 	(Address)

 

    	 	 	 

     

    

 

Exhibit
B

 

FORM
OF TRANSFEROR ENDORSEMENT

(To
be signed only on transfer of Warrant)

 

For
value received, the undersigned hereby sells, assigns, and transfers unto the person(s) named below under the heading “Transferees”
the right represented by the within Warrant to purchase the percentage and number of shares of Common Stock of CAR CHARGING GROUP,
INC., to which the within Warrant relates specified under the headings “Percentage Transferred” and “Number
Transferred,” respectively, opposite the name(s) of such person(s) and appoints each such person Attorney to transfer its
respective right on the books of CAR CHARGING GROUP, INC. with full power of substitution in the premises.

 

	Transferees	 	Percentage
    Transferred	 	Number
    Transferred
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

  

	 	 	 
	Dated:
    ______________, ___________	 	(Signature
    must conform to name of holder as specified on the face of the warrant)
	 	 	 
	Signed
    in the presence of:	 	 
	 	 	 
	 	 	 
	(Name)	 	 
	 	 	(address)
	 	 	 
	 	 	 
	 	 	 
	ACCEPTED
    AND AGREED: [TRANSFEREE]	 	(address)
	 	 	 
	 	 	 
	(Name)AMENDMENT
TO

CLASS
A COMMON STOCK PURCHASE WARRANT 

CAR
CHARGING GROUP, INC.

 

	Holder:
    The Farkas Group, Inc.	Number
    of Warrant Shares: 525,000
	Issue
    Date: June 24, 2016	Warrant
    No. FG-001

 

For
and in consideration of good and valuable consideration, the receipt, adequacy and sufficiency of which is hereby acknowledged,
the parties hereby amend the Warrant as follows:

 

	1.	Scrivener’s
    Error. The Warrant incorrectly defined the Expiration Date of the Warrant as the three (3) year anniversary of the Issue
    Date. The correct Expiration Date shall be the five (5) year anniversary of the Issue Date and all references thereto in the
    Warrant are hereby modified accordingly.
	 	 
	2.	Capitalized
    Terms. Capitalized terms not otherwise defined herein shall have the meaning ascribed to them in the Warrant.
	 	 
	3.	Continued
    Effectiveness. To the extent that the provisions of this Amendment are inconsistent with the terms and conditions of the
    Warrant, the terms and conditions hereof shall control. Except as modified hereby, all remaining terms and conditions of the
    Warrant shall remain in full force and effect.

 

IN
WITNESS WHEREOF, the Company has executed this Amendment as of July 27, 2016.

 

	 	CAR CHARGING GROUP, INC.
	 	 	 
	 	By:	 
	 	Name:	Mike
    Calise
	 	Title:	 Chief
    Executive Officer

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