Exhibit 10.13

                        ADDENDUM TO SETTLEMENT AGREEMENT

This addendum dated July 2, 2003 (the "Addendum") is to that certain  settlement
agreement (the "Agreement") dated March 27, 2003 between  Championlyte  Holdings
Inc. (the "Company")  Elaine  Streisfeld and Stanley  Streisfeld  ("Streisfeld")
(collectively "the Parties").

WITNESSETH:

WHEREAS,  the  Company  desires to modify the  agreement  between the Parties to
reflect the following:

Streisfeld  shall receive an additional  413,958 shares of the Company's  common
stock which shall be paid upon execution. These shares plus the remaining shares
to be issued under the Agreement shall be included on the Company's Registration
Statement.  In  return,   Streisfeld  has  agreed  to  conform  to  144  leakage
limitations  on the timing and amount of sales of the stock  received  under the
Agreement

This  Agreement  may be  signed  in  counterparts,  each of  which  shall  be an
original,  with the same effect as if the signature thereto and hereto were upon
the same instrument.

IN WITNESS  WHEREOF,  the parties have executed this Amendment to the Settlement
Agreement as of the date first above  written and  acknowledge  and  incorporate
within the terms and conditions of the March 27,5003 Agreement,

CHAMPIONLYTE HOLDINGS, INC.


By /s/ David Goldberg
   ---------------------------
       David Goldberg
       President

   /s/ Elaine Streisfeld
---------------------------
       Elaine Streisfeld

  /s/  Stanley Streisfeld
---------------------------
       Stanley Streisfeld


<PAGE>

                           CHAMPIONLYTE PRODUCTS, INC.
                       2999 NE 191" STREET, PENTHOUSE TWO
                             AVENTURA, FLORIDA 33180

March 27,2003
Ms. Elaine Streisfeld
8 Belmont Drive
Monticello, New York 12701

     Re:  Elaine Streisfeld ("Elaine Streisfeld") with Championlyte Products,
          Inc. ("Championlyte")

Dear Ms. Streisfeld:

The following hereby sets forth the settlement agreement  ("Agreement")  between
Streisfeld and Championlyte:

1)   OBLIGATION: Championlyte presently owes Streisfeld the sum of $140,000 plus
     interest based on the following three (3) promissory notes ("Notes"):

           i. A. July 23,2002- $60,000;

          ii. B. July 31,2002- $40,000; and

         iii. C. September 23, 2002 $40,000

2)       SETTLEMENT AND PAYMENT:  Championlyte  hereby a p e s to pay Streisfeld
         the sum of $140,000 in  Championlyte  common  stock  ("Stock')  as hull
         settlement  of the  obligations  set forth in  paragraph  1 above.  The
         $140,000  shall be paid in four (4)  equal  quarterly  installments  of
         $35,000 worth of Stock per quarter. The issuance of such Stock shall be
         based on a twenty (20%) percent  discount of the average  closing price
         of the Stock for the three (3)  trading  days  preceding  each  payment
         date.  The  first  payment  shall  commence  on April 1,  2003 and each
         subsequent  payment shall be made ninety days  thereafter.  Such shares
         shall be issued in accordance  With Rule 144 of the  Securities  Act of
         1933. Notwithstanding the above, the Company has the fight, at its sole
         discretion  to make  any  payment  in the form a check  instead  of the
         issuance of the Stock.  If the  Company  decided to make any payment by
         check  instead of Stock,  then each such payment  shall be $35,000 plus
         twenty (20%)  percent for a payment of $42,000.  Payment by the Company
         via check of my quarterly payment does not waive the Company's right to
         make any  subsequent  payment in stock  pursuant  to the terms o f this
         Agreement.

3)       RELEASE:  Streisfeld  hereby  releases,  waives,  satisfier and forever
         discharges  Championlyte  of  and  from  my  and  all  actions,  suits,
         controversies,  damages,  claims and demands  whatsoever,  in law ox in
         equity,  which  Streisfeld  ever  had,  now  has  or may  have  against
         Championlyte  arising  out of or  relating  to the  Notes  and my other
         agreement entered into in connection therewith

4)       NOTICE:  All notices,  requests and instructions  hereunder shall be in
         writing and delivered to each party at the addresses set forth above or
         to such other  address as may from time to rime be  designed by a party
         hereto.

5)       SEVERABILITY: In h e event that any term, covenant, condition, or other
         provision  contained  herein is held to be invalid,  void or  otherwise
         unenforceable by any court Of competent jurisdiction, the invalidity of
         any such term, covenant, condition;  provision or Agreement shall in no
         way  affect  any  other  term,  covenant,  condition  or  provision  or
         Agreement  contained  herein,  which  shall  remain  in full  force and
         effect.

6)       ENTIRE AGREEMENTS: This Agreement contains all of the terms agreed upon
         by  the  parties  with  respect  to the  subject  matter  hereof,  This
         Agreement has been entered into after full investigation.

7)       AMENDMENTS:  No  amendments  or  additions to this  Agreement  shall be
         binding  unless in writing,  signed by both  parties,  except as herein
         otherwise provided.

8)       NO ASSIGNMENTS: Neither party may assign nor delegate any of its rights
         or obligations hereunder without first obtaining the written consent of
         the other party.

9)       TIME IS OF THE ESSENCE; & DEFAULT:  All due dates shall be "time of the
         essence".  In the event that payment is not made, and a grace period of
         five  business days passes  without the default  being cured,  then the
         payments would  immediately be accelerated and the entire balance would
         become due and owing.

10)      ATTORNEY'S FEES: Should Mrs.  Streisfeld have to retain the services of
         an attorney to enforce her rights under this Agreement and provided she
         is  successful,  then she shall be entitled to  reasonable  legal fees,
         costs,  disbursements and out o f pocket expenses  associated with such
         litigation.

Please sign below to acknowledge the terms of this Agreement.

CHAMPIONLYTE PRODUCTS, INC.

BY: /s/ Marshall Kanner
    ---------------------------
        MARSHALL KANNER
        CHIEF OPERATING OFFICER


THE TERMS AS SET FORTS ABOVE ARE AGREEABLE AND ACCEPTABLE BY:

BY: /s/ Elaine Streisfeld
    ------------------------
        ELAINE STREISFELD