SEC Contract Filing

Filing Date: 2016-03-30

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>4
<FILENAME>mmpw_ex104.htm
<DESCRIPTION>FORM OF WARRANT
<TEXT>
<html><head><title>mmpw_ex104.htm</title><!--Document Created by EDGARMaster--></head><BODY style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: 0px 7%" scroll="yes"><p style="MARGIN: 0px" align="right"><b><font size="2">EXHIBIT 10.4</font></b></p><p style="MARGIN: 0px" align="center"><b><font size="2">&nbsp;</font></b></p><p style="MARGIN: 0px"><b><font size="2">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 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.</font></b><font size="2"></font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px"><table style="TEXT-ALIGN: justify; FONT: 10pt TIMES NEW ROMAN; MARGIN: auto" cellspacing="0" cols="3" cellpadding="0" width="100%" align="center" border="0"> <tr><td><p style="MARGIN: 0px">Warrant No.: 031 </p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px" align="right">Number of Shares: 1,500,000</p></td></tr><tr><td><p style="MARGIN: 0px">Date of Issuance: July 29, 2015</p></td><td><p style="MARGIN: 0px">&nbsp;</p></td><td><p style="MARGIN: 0px" align="right">(subject to adjustment)</p></td></tr></table></p><p style="MARGIN: 0px">&nbsp;</p><strong><hr style="COLOR: #000000" noshade=""> <p style="MARGIN: 0px" align="center"></strong>&nbsp; <p><p style="MARGIN: 0px" align="center"><strong>&nbsp;MULTIMEDIA PLATFORMS, INC.</strong></p><p style="MARGIN: 0px" align="center"><strong>A Nevada Corporation</strong></p><p style="MARGIN: 0px" align="center"><strong>&nbsp; <p><hr style="COLOR: #000000" noshade=""> <p style="MARGIN: 0px" align="center"></strong>&nbsp;</p><p style="MARGIN: 0px" align="center"><b><i><font size="2">Common Stock Purchase Warrant</font></i></b></p><p style="MARGIN: 0px" align="center"><strong><em>&nbsp;</em></strong></p><p style="MARGIN: 0px; TEXT-INDENT: 45px"><font size="2">MULTIMEDIA PLATFORMS, INC., a Nevada corporation (the "<b><u>Company</u></b>"), for value received, hereby certifies that Patrick Kolenik (the "<b><u>Initial Holder</u></b>", or its registered assigns (the Initial Holder or such registered assigns shall be referred to as the "<b><u>Registered Holder</u></b>" or "<b><u>Holder")</u></b>), is entitled, subject to the terms set forth below, to purchase from the Company at any time on or after the Exercise Date and on or before the Expiration Date (as hereinafter defined), in whole or in part, One Million Five Hundred Thousand (1,500,000) shares (as adjusted from time to time pursuant to the provisions of this Warrant) of the Company's common stock, $0.01 par value per share ("<b><u>Common Stock</u></b>"), at an Exercise Price equal to $0.30 (the "<b><u>Exercise Price</u></b>"). The shares purchasable upon exercise of this Warrant are sometimes hereinafter referred to as the "<b><u>Warrant Stock</u></b>". "<b><u>Exercise Date</u></b>" means any date subsequent to the issuance date hereof and prior to the Expiration Date on which the Registered Holder elects by written notice to the Company for this Warrant to become exercisable.</font></p><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 45px"><font size="2">This Warrant is issued pursuant to that certain Consulting Agreement, dated as of July 2, 2015, by and among each of the parties named therein.</font></p><p style="MARGIN: 0px; TEXT-INDENT: 45px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 45px"><font size="2">1. <u>Exercise</u>.</font></p><p style="MARGIN: 0px; TEXT-INDENT: 45px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 90px"><font size="2">(a) <u>Manner of Exercise</u>. This Warrant may be exercised by the Registered Holder, in whole or in part with the purchase/exercise form appended hereto as <u>Exhibit A</u> (the "<b><u>Notice of Exercise</u></b>") duly executed by such Registered Holder or by such Registered Holder's duly authorized attorney, at the principal office of the Company, or at such other office or agency as the Company may designate in writing, accompanied by payment in full of the Exercise Price payable in respect of the number of shares of Warrant Stock purchased upon such exercise. The Exercise Price may be paid by cash, check, or wire transfer in immediately available funds. However, the Warrant Stock cannot be sold until February 1, 2016, unless any of the shares owned or controlled by Robert Blair or TBG Holdings, or any of their affiliates, are sold, or are included in a registration statement for resale during that period.</font></p><p style="MARGIN: 0px">&nbsp;</p><table id="pagebreakad5b9d6e-e0b7-4f1e-9bed-02dd5e33baa6" class="pagebreak" style="WIDTH: 100%; FONT: 10pt TIMES NEW ROMAN" cellspacing="0" cellpadding="0" border="0"> <tr><td class="hpbhr">&nbsp;</td></tr><tr><td style="BORDER-BOTTOM: black 1px solid; TEXT-ALIGN: center">1</td></tr><tr></tr><tr><td><div style="WIDTH: 100%; PAGE-BREAK-AFTER: always; LINE-HEIGHT: 0px"></div></td></tr><tr><td>&nbsp;</td></tr></table><p style="MARGIN: 0px">&nbsp;</p><p style="MARGIN: 0px; TEXT-INDENT: 90px"><font size="2">(b) <u>Effective Time of Exercise</u>. Each exercise of this Warrant shall be deemed to have been effected immediately prior to the close of business on the day on which this Warrant shall have been surrendered to the Company as provided in Section 1(a) above. At such time, the person or persons in whose name or na