Form of Additional Warrant WARRANT AGREEMENTWarrant Agreement • November 30th, 2016 • Players Network • Cable & other pay television services • Michigan
This Warrant Agreement (the “Warrant”) is issued to ____________ LLC, a Michigan limited liability company (“Investor”) by Players Network, Inc., a Nevada corporation (“Players”) this __ day of _______________ 201_ (the “Grant Date”) in connection with a certain loan of ________________________ and no/100 Dollars ($_____0,000.00) made on made on ____________________, 201_, and evidenced by that certain Promissory Note issued by Players to Investor (the “Advance”). This Warrant is executed in connection with that certain letter agreement dated November __, 2016 and effective as of November 2, 2017 by and between Investor and Players (the “Letter Agreement”). Capitalized terms not otherwise defined herein have the meanings specified in the Letter Agreement.
EXHIBIT A Form of Promissory Note PROMISSORY NOTELetter Agreement • November 30th, 2016 • Players Network • Cable & other pay television services • Michigan
FOR VALUE RECEIVED, Players Network, Inc., a Nevada corporation (“Borrower”), whose address is 1771 E. Flamingo Road, Suite 201A, Las Vegas, NV 89119 promises to pay to the order of SK L-43, LLC, a Michigan limited liability company (“Lender”), whose address is c/o Bruce H. Seyburn, Seyburn Kahn, PC, 2000 Town Center Building, Suite 1500, Southfield, MI 48075-1195, the principal sum of _______________________________ Dollars and No/100 ($___,000.00) together with interest on the unpaid principal under this Promissory Note (this “Note”) until paid at five percent (5%) simple interest per annum on the basis of a year of 360 days. This Note is being executed in connection with that certain letter agreement dated November __, 2016 between Borrower and Lender (the “Letter Agreement”). All capitalized terms not otherwise defined herein shall have the meanings specified in the Letter Agreement.
SK L-43, LLC November 21, 2016Letter Agreement • November 30th, 2016 • Players Network • Cable & other pay television services • Michigan
This letter agreement (this “Agreement”) is made and entered into this 21st day of November, 2016 and shall be effective as of November 2, 2016 (the “Effective Date”), by and between SK L-43, LLC, a Michigan limited liability company (“Investor”), and Players Network, Inc., a Nevada corporation (“Players”), regarding, among other things, loans to be made to Players by Investor of up to Nine Hundred Twenty Five Thousand and No/100 Dollars ($925,000.00). The parties intending that the terms hereof be fully binding and enforceable, agree as follows:
