Document:

2007 Equity Compensation Plan Amendment 2 April 17, 2007

    EXHIBIT
      4

    

    RAVEN
      MOON ENTERTAINMENT, INC.

    

    2007
      EQUITY COMPENSATION PLAN AMENDMENT
      2

     

    April
      17,
      2007

    

        Raven
      Moon
      Entertainment, Inc., a Florida corporation (the "Company"), as
      of the
      Effective Date below, adopts this “Plan” Under the Plan,
      the
      Company may issue shares of the Company's common stock or grant options
      to acquire the Company's common stock (the "Stock" or “Shares”), from
      time
      to time to employees, officers, consultants or advisors of the Company
or
      any of
      the Company's subsidiaries, all on the terms and conditions set forth
herein.
      

     

        In
      addition,
      at the discretion of the Board of Directors, Shares may from
      time
      to time be granted under this Plan to individuals, including consultants
      or advisors, who contribute to the success of the Company or any of its
      subsidiaries, provided that bona fide services shall be rendered by consultants
      and advisors, and such services shall not be in connection with the offer
      or
      sale of securities in a capital-raising transaction or to directly or indirectly
      promote
      or maintain a market for the Company securities. Grants of incentive
      or non-qualified stock options and stock awards, or any combination of
the
      foregoing, may be made under the Plan.

    

    1.
      Purpose of the Plan.

     

    The
      Plan
      is intended to compensate individuals (natural persons) for bona fide
      services to assist the Company or who contribute to the success of the Company
      or
      any of
      the Company's subsidiaries. 

    

    2.
      Administration of this Plan.

    

    Administration
      of this Plan shall be determined by the Company's Board of
      Directors (the "Board"). Subject to compliance with applicable provisions of
      the
      governing law, the Board may delegate administration of this Plan or
specific
      administrative duties with respect to this Plan on such terms and to
such
      committees of the Board or any officer as it deems proper (hereinafter the
      Board
      or its authorized
      committee or officer delegate shall be referred to as "Plan Administrators"
      but
      if no
      others
      are ever named, it is the Board that is the Plan Administrator(s)). The
interpretation
      and construction of the terms of this Plan by the Plan Administrators
      thereof shall be final and binding on all participants in this Plan
      absent a showing of demonstrable error. No member of the Plan Administrators
      shall be liable for any action taken or determination made in good
      faith with respect to this Plan. Any shares approved by a majority vote of
      those
      Plan Administrators attending a duly and properly held meeting shall be
valid.
      Any shares approved by the Plan Administrators shall be approved as specified
      by the Board at the time of delegation.

    

    3.
      Shares of Stock Subject to this Plan.

     

    The
      total
      number of shares issued or issuable pursuant to this Plan shall not exceed
      the authorized unissued common stock of the Company, and it is contemplated
      the
      Plan is
      for a
      total set forth herein, on the last page. 

    

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

    

    4.
      Reservation of Stock on Granting of Rights.

     

    At
      the
      time any right is granted under the terms of this Plan, the Company
      will reserve for issuance the number of shares of Stock subject to such
right
      until that right is exercised or expires. The Company may reserve either
authorized
      but unissued shares or issued shares reacquired by the Company.

    

    5.
      Eligibility.

     

    The
      Plan
      Administrators may grant shares or grant options to acquire shares
      of
      the Company's common stock to employees, officers, advisors or consultants
      of the Company or its subsidiaries, and others as lawfully permitted,
provided
      that such individuals are compensated for bona fide services to the
      Company  or
      any of
      its subsidiaries and such services are not rendered in connection with services
      for which
      the
      Plan cannot compensate in reliance upon laws and regulations. In
      any
      case, the Plan Administrators shall determine, based on the foregoing
      limitations  and
      the
      Company's best interests, which consultants and advisors and others are eligible
      to  participate
      in this Plan. Shares shall be in the amounts, and shall have the rights and
      be
      subject to the restrictions,
      as may be determined by the Plan Administrators, all as may be within
      the provisions of this Plan.

     

    6.
      Terms of Grants and Certain Limitations on Right to
      Exercise.

     

        a.
      Each right
      to shares may have its terms established by the Plan Administrators
      at the time the right is granted.

    

        b.
      The terms
      of the right, once it is granted, may be reduced only as provided
      for in this Plan and under the express written provisions of the
      grant.

    

        c.
      Unless
      otherwise specifically provided by the written provisions of the
      grant or required by applicable disclosure or other legal
      requirements promulgated
      by the U.S. Securities and Exchange Commission ("SEC"), no participant
      of this
      Plan or his or her legal representative, legatee, or distributee will
      be, or
      shall be deemed to be, a holder of any shares subject to any right (as in the
      case of
      a stock option) unless and until such participant exercises his or her right
      to  acquire
      all or a portion of the Stock subject to the right and delivers any
      required consideration
      to the Company in accordance with the terms of this Plan and then only
      as to
      the
      number of shares of Stock acquired. Except as specifically provided in this
      Plan
      or as otherwise
      specifically provided by the written provisions of any grant, no adjustment
      to the exercise price or the number of shares of Stock subject to
      the grant
      shall be made for dividends or other rights for which the record date
      is prior
      to the date on which the Stock subject to the grant is acquired by
      the holder.

    

        d.
      Rights
      shall vest and become exercisable at such time or times and on
      such
      terms as the Plan Administrators may determine at the time of the grant
of
      the
      right.

    

        e.
      Grants may
      contain such other provisions, including further lawful restrictions
      on the vesting and exercise of the grant as the Plan Administrators may
      deem advisable.

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

        f.
      In no
      event may a grant be exercised after the expiration of its term.

    

        g.
      Grants
      shall be non-transferable, except by the laws of descent and distribution.

    

    7.
      Exercise Price.

     

    The
      Plan
      Administrators shall establish the exercise price payable to the
      Company for shares to be obtained pursuant to any consulting or services
stock
      options which exercise price may be amended from time to time as the
Plan
      Administrators shall determine.

    

    8.
      Payment of Exercise Price.

     

    The
      exercise of any option shall be contingent on receipt by the Company
      of the exercise price paid in either cash, certified or personal check
or
      other
      legal consideration, payable to the Company.
 

    9.
      Dilution or Other Adjustment.

     

    The
      shares of Common Stock subject to this Plan and the exercise price of
      outstanding options are subject to proportionate adjustment in the event of
      a
stock
      dividend on the Common Stock or a change in the number of issued and
outstanding
      shares of Common Stock as a result of a stock split, consolidation, or
      other
      re-capitalization. The Company, at its option, may adjust the grants
and
      rights made hereunder, issue replacements, or declare grants void.

    

    10.
      Options to Foreign Nationals.

     

    The
      Plan
      Administrators may, in order to fulfill the purpose of this Plan
      and
      without amending this Plan, make grants to foreign nationals or individuals
      residing in foreign countries that contain provisions, restrictions,
and
      limitations different from those set forth in this Plan and the Options made
      to
      United
      States residents in order to recognize differences among the countries
in
      law,
      tax policy, and custom. Such grants shall be made in an attempt to give
such
      individuals essentially the same benefits as contemplated by a grant to
United
      States residents under the terms of this Plan.

    

    11.
      Listing and Registration of Shares.

     

    Each
      grant shall be subject to the requirement that if at any time the Plan
      Administrators shall determine, in their sole discretion, that it is
necessary
      or desirable to list, register, or qualify the shares covered thereby
on
      any
      securities exchange or under any state or federal law, or obtain the
consent
      or approval of any governmental agency or regulatory body as a condition
of,
      or in
      connection with, the granting of such rights or the issuance or purchase
      of shares thereunder, such right may not be exercised in whole or in
part
      unless and until such listing, registration, consent, or approval shall
have
      been
      effected or obtained free of any conditions not acceptable to the Plan
Administrators.

    

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    12.
      Expiration and Termination of this Plan.

     

    This
      Plan
      may be abandoned or terminated at any time by the Plan Administrators
      except with respect to any rights then outstanding under this Plan.
      This Plan shall otherwise terminate on the earlier of the date that is
five
      years from the date first appearing in this Plan or the date on which the
final
      share, under the Plan, may issue.

    

    SUPPLEMENT
      1, ATTACHED, IS INCORPORATED INTO THIS PLAN

     

    Additional
      Shares: 1,000,000,000

    

    BY
      ORDER
      OF THE BOARD OF DIRECTORS

     

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    EFFECTIVE
      DATE: March 29, 2007

    

    SUPPLEMENT
      1

    

    

    1.     Grant
      of Shares.
      The
      Company shall only issue Shares or grant options as
      determined by the Board of Directors.

    

    2.     Services.
      Consultants have been or will be engaged by the Company and the
      Company has received business consultation services and/or promises of
additional
      services. Services may be detailed in additional documentation, including
      confirmatory letters and agreements, as provided to one or more officers
      of the Company, or may be provided as otherwise acceptable to the officers.

    

    3.     Compensation.
      The
      Consultants are not entitled to receive cash compensation,
      unless and until any agreement to the contrary is reached with any particular
      Consultant. Consultants' sole compensation is the Shares identified herein,
      unless the parties agree otherwise as in the case of options. The Company
makes
      no
      promise or representation as to the value of the securities.

    

    4.     Registration
      or
      Exemption.
      Notwithstanding anything to the contrary contained
      herein, the Shares may not be issued unless the Shares are registered
pursuant
      to the Securities Act of 1933, as amended ("Act").

    

    5.     Delivery
      of Shares.
      The
      Company shall deliver, subject to the terms and
      conditions of this Plan, to each Consultant, as soon as practicable, a
Certificate
      representing the Shares. Each Consultant agrees to be bound by the terms
      and
      conditions under the Plan by accepting delivery of the Shares, and any
other
      terms individually agreed to in writing by the parties.

    

    6.     Company's
      Rights.
      The
      existence of the Shares and/or this Plan shall not
      affect in any way the rights of the Company to conduct its
      business.

    

    7.     Disclosure.
      Each
      Consultant agrees to having read and fully considered the
      disclosures under attached hereto and incorporated herein by reference.

    

    8.     Amendments.
      This
      Plan may not be amended unless by action of the Board of
      Directors.

    

    9.     Governing
      Law.
      This
      Plan shall be governed by the laws of the State of Florida,
      and the sole venue for any action arising hereunder or in connection
herewith
      shall be a court of competent jurisdiction in the state of the headquarters
      of the Company.

    

    10.     Binding
      Effect.
      This
      Plan shall be binding upon and for the benefit of
      the
      parties hereto and their respective heirs, permitted successors, assigns
and/or
      delegates.

    

    12.     Captions.
      The
      captions herein are for convenience and shall not control
      the interpretation of this Plan.

    

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    11.     Cooperation.
      The
      parties agree to execute such reasonable necessary documents
      upon advice of legal counsel in order to carry out the intent and purpose
      of this Plan as set forth hereinabove.

    

    12.     Gender
      and
      Number.
      Unless
      the context otherwise requires, references in
      this
      Plan in any gender shall be construed to include all other genders, references
      in the singular shall be construed to include the plural, and references
      in the plural shall be construed to include the singular.

    

    13.     Severability.
      In the
      event anyone or more of the provisions of this Plan
      shall be deemed unenforceable by any court of competent jurisdiction for
any
      reason whatsoever, this Plan shall be construed as if such unenforceable
provision
      had never been contained herein.

    

    Additionally:

    

    Item
      1
      - Plan Information

    

        (a)
      General
      Plan Information

    

          1.
      The title of the Plan is: 2007
      Equity Compensation Plan("Plan") and the
      name
      of the registrant whose securities are to be offered pursuant to
      the Plan is Raven Moon
      Entertainment ("Company").

          2.
      The general nature and purpose
      of the Plan is to grant Consultants shares
      of the Common Stock of the Company as compensation for consultation
      services for the Company.

          3.
      To the best of Company's
      knowledge, the Plan is not subject to any of
      the provisions of the Employee Retirement Income Security Act of
      1974, as
      amended or replaced by any subsequent law.

          4.
      (a) The Company shall act as
      Plan Administrator. The Company address
      and telephone number is stated herein.

    

    The
      Company, as administrator of the Plan, will merely issue to the Consultants
      shares of Common Stock pursuant to the terms of the Plan, which may
      also
      include shares under Options or Options.

    

        (b)
      Securities
      to be Offered.
      Pursuant
      to the terms of the Plan, shares
      of
      the Company's Common Stock will be offered, and may be offered under
      Options. Terms shall be set by the Board of Directors.

    

        (c)
      Employees
      Who May Participate in the Plan.
      Consultants are the sole participants
      in this Plan. Consultants are defined to include various persons
      including advisors. Consultants are eligible to receive the securities
      provided the securities have been registered under
      the
      Securities Act of 1933, as amended (the "Act").

    

        (d)
      Purchase
      of Securities Pursuant to the Plan.
      The
      Company shall issue the
      underlying securities to Consultants as soon as practicable after respective
      agreements are reached. In the case of Options, Consultants are required
      to pay the exercise price set by the Company to receive their shares.

    

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

        (e)
      Resale
      Restrictions.
      Consultants may assign, sell, convey or otherwise transfer
      the securities received, subject to the requirements of the Act.

    

        (f)
      Tax
      Effects of Plan Participation.
      The Plan
      is not qualified under  Sec.
      401 of the Internal Revenue Code of 1986, as amended or replaced by any
      subsequent law.

    

        (g)
      Investment
      of Funds.
      n/a

    

        (h)
      Withdrawal
      from the Plan; Assignment of Interest.
      Withdrawal or termination
      as to the Plan may occur upon determination of the Company Consultants
      have the right to assign or hypothecate Consultant's interest  in
      the Plan, subject to
      Plan provisions.

    

        (i)
      Forfeitures
      and Penalties.
      n/a

    

        (j)
      Charges
      and Deductions and Liens Therefore.
      n/a

    

    Item
      2 Registrant Information and Employee Plan Annual
      Information.

    

    Registrant,
      upon oral or written request by Consultants, shall provide, without charge,
      the documents incorporated by reference in Part II, Item 3 of Company's
Form
      S-8
      Registration Statement for the securities as well as any other documents
      required to be delivered pursuant to SEC Rule 428(b) (17 CFR Section
230.428(b)).
      All requests are to be directed to the Company at the address provided
      above.

    
 

    
      
        
        

      

      
        -7-EXHIBIT 10.48

                                   EXHIBIT A

                             SECURED PROMISSORY NOTE

TULSA, OKLAHOMA
$2,000,000                                               Date:  January 31, 2007

         FOR VALUE RECEIVED, the undersigned ("Maker") promises to pay to the
order of XStream Beverage Network, Inc. ("Payee"), at its principal office
located 2 South University Drive, Suite 220, Plantation, Florida 33324, or at
any other address as Payee may designate by written notice to Maker, the
principal sum of TWO MILLION DOLLARS ($2,000,000), together with interest as set
forth below.

         The unpaid principal amount hereof ("Principal Amount") and all accrued
interest shall be payable in full on January 31, 2011 (the "Maturity Date"). The
Principal Amount shall bear interest hereunder at Six Percent (6%) per annum
(the "Interest Rate"), computed on the basis of the actual number of days
elapsed and a year of 365 days, compounded annually. From and after any Event of
Default (as defined below), the rate of interest chargeable hereunder will be
the Interest Rate plus four percent (4%); provided that in any event, the rate
of interest chargeable hereunder will not exceed the maximum rate allowable by
applicable law, and in the event that any interest charged hereunder exceeds the
rate permitted by applicable law, then any such excess will first be applied to
any outstanding Principal Amount owed hereunder and any remaining excess will be
returned to Maker.

         The Note shall be paid by wire transfer to the account designated by
Payee, in readily available funds, as follows: (i) $800,000 shall be due and
payable on the Closing Date of that certain Agreement and Plan of Merger between
Payee, Maker, Global Merger Corp. and Beverage Network of Maryland, Inc., dated
January 31, 2007 (the "Merger Agreement"), as such term is defined in the Merger
Agreement; and (ii) $25,000 shall be due and payable on the first day of each
month, beginning on March 1, 2007, for a period of 48 months; provided, however,
in the event Maker raises any equity capital while the Note is still
outstanding, Maker will pay down the Note in an amount equal to 35% of the net
proceeds received by Maker in the equity raise. Maker may prepay this Note in
whole or in part at any time, with accrued interest to the date of prepayment.

         This Note, and the obligations evidenced hereby, shall be secured by
(i) that certain Master Security Agreement between Maker, Payee, Global Merger
Corp., a Nevada corporation ("Acquisition Sub"), and Beverage Network of
Maryland, Inc., a Florida corporation ("Beverage Network"), dated as even date
hereof (the "Security Agreement") and (ii) Maker's pledge to Payee of the
capital shares of Acquisition Sub and Beverage Network pursuant to the Stock
Pledge Agreement between Maker and Payee, dated as of even date hereof (the
"Pledge Agreement").

<PAGE>

         Maker represents to Payee that (i) all of the representations and
warranties of Maker set forth in the Merger Agreement are true and correct, (ii)
Maker is not in breach of any of its covenants to Payee set forth in the Merger
Agreement and (iii) no Event of Default (as defined below) has occurred.

         Unless Payee otherwise determines, all payments on this Note shall be
applied to the payment of accrued interest before being applied to the payment
of principal. Any payment which is required to be made on a day which is not a
Business Day (as defined below) shall be payable on the next succeeding Business
Day and such additional time shall be included in the computation of interest.
In the event that any other obligations of Maker (or any affiliate of Maker) to
Payee (or any affiliate of Payee) are due at any time that Payee receives a
payment from Maker on account of this Note or any such other obligations of
Maker (or any affiliate of Maker), Payee may apply such payment to amounts due
under this Note to any such other obligations in such manner as Payee, in its
sole discretion, elects, regardless of any instructions from Maker to the
contrary. As used herein, "Business Day" shall mean a day on which banks in the
United States shall be open for ordinary business.

         Upon the occurrence of any of the following (each, an "Event of
Default") with respect to Maker: (i) default by Maker in payment of any amount
due under this Note; (ii) default by Maker, Acquisition Sub or Beverage Network
in any of their respective obligations, representations, warranties and
covenants under the Security Agreement, (iii) Maker shall commence any case,
proceeding or other action under any law relating to bankruptcy, insolvency,
reorganization or relief of debtors, seeking to have an order for relief entered
with respect to it, or seeking to adjudicate it as bankrupt or insolvent, or
seeking reorganization, arrangement, adjustment, winding-up, liquidation,
dissolution, composition or other relief with respect to Maker or any of its
debts, or seeking appointment of a receiver, trustee, custodian or other similar
official for Maker or for all or any substantial part of its assets, or it shall
make a general assignment for the benefit of its creditors, or there shall be
commenced against Maker any case, proceeding or other action of a nature
referred to in this clause (iii), or there shall be commenced against Maker any
case, proceeding or other action seeking issuance of a warrant of attachment,
execution, distraint or similar process against all or any substantial part of
its assets which results in the entry of an order for any such relief, or Maker
shall take any action in furtherance of, or indicating its consent to, approval
of, or acquiescence in, any of the acts set forth in this clause (iii), or Maker
shall generally not, or shall be unable to, or shall admit in writing its
inability to, pay its debts as they become due; (iv) entry of a judgment in
excess of $25,000 against it; (v) failure to pay or remit any tax when assessed
or due unless contested in good faith; (vi) dissolution of Maker; (vii) Maker
making a bulk transfer or sending notice of intent to do so; (viii) suspension
or liquidation of the usual business of Maker; or (ix) the occurrence of a
default or event of default under the Merger Agreement; then, in the case of any
such Event of Default other than those referred to in clause (iii) of this
sentence, Payee may declare by notice to Maker this Note to be immediately due
and payable.

                                       2
<PAGE>

           The rights and remedies of Payee provided under this Note are
cumulative with the rights and remedies available to Payee under any other
instruments or agreements or under applicable law.

         In the case of the occurrence of an Event of Default, Maker shall be
liable for all costs of enforcement and collection of this Note incurred by
Payee or any other holder of this Note, including but not limited to reasonable
attorneys' fees, disbursements and court costs. In addition, in the event of a
default hereunder, Maker shall pay all reasonable attorneys' fees and
disbursements incurred by Payee in obtaining advice as to its rights and
remedies in connection with such default. In the event Maker defaults in the
payment of this Note when due, Payee may apply to any court of competent
jurisdiction for a judgment directing Maker to pay its obligations hereunder,
and Payee is hereby authorized to act as Maker's attorney-in-fact before such
court for the purpose of confessing such judgment against Maker.

         Maker hereby separately waives presentment, notice of dishonor, protest
and notice of protest, and any or all other notices or demands (other than
demand for payment) in connection with the delivery, acceptance, performance,
default or endorsement of this Note. The liability of Maker hereunder shall be
unconditional and shall not be in any manner affected by any indulgence
whatsoever granted or consented to by the holder hereof, including, but not
limited to any extensions of time, renewal, waiver or other modification. Any
failure of the holder to exercise any right hereunder shall not be construed as
a waiver of the right to exercise the same or any other right at any time and
from time to time thereafter. Payee or any holder may accept late payments, or
partial payments, even though marked "payment in full" or containing words of
similar import or other conditions, without waiving any of its rights. No
amendment, modification or waiver of any provision of this Note nor consent to
any departure by Maker therefrom shall be effective, irrespective of any course
of dealing, unless the same shall be in writing and signed by Payee, and then
such waiver or consent shall be effective only in the specific instance and for
the specific purpose for which given. This Note cannot be changed or terminated
orally or by estoppel or waiver or by any alleged oral modification regardless
of any claimed partial performance referable thereto.

         Except to the extent otherwise provided herein with respect to service
of process, any notice from Payee to Maker shall be deemed given when delivered
to Maker by hand or when deposited in the United States mail and addressed to
Maker at its address set forth below or to any other address as may appear in
Payee's records as the address of Maker.

         This Note shall be governed by and construed in accordance with the
laws of the State of Florida without giving effect to the principles of
conflicts of law. If any provision of this Note is held to be illegal or
unenforceable for any reason whatsoever, such illegality or unenforceability
shall not affect the validity of any other provision hereof.

                                       3
<PAGE>

         MAKER AND EACH INDORSER AGREES THAT ANY ACTION, SUIT OR PROCEEDING IN
RESPECT OF OR ARISING OUT OF THIS NOTE MAY EXCLUSIVELY BE INITIATED AND
PROSECUTED IN ANY FEDERAL OR STATE COURT LOCATED IN BROWARD COUNTY, STATE OF
FLORIDA. MAKER CONSENTS AND SUBMITS TO THE EXERCISE OF EXCLUSIVE JURISDICTION
OVER IT BY ANY COURT HAVING JURISDICTION OVER THE SUBJECT MATTER. MAKER AGREES
THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND
MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER
MANNER PROVIDED BY LAW.

         This Note, the Merger Agreement and the Security Agreement to which
Maker is a party embody the entire agreement between Maker and Payee relating to
the subject matter thereof and supersede all prior agreements, representations
and understandings, if any, relating to the subject matter thereof.

         Payee is authorized to fill in any blank spaces and to otherwise
complete this Note and correct any patent errors herein.

                              [SIGNATURE TO FOLLOW]

         IN WITNESS WHEREOF, the undersigned executes this Note intending to be
legally bound hereby.

                                                GLOBAL BEVERAGE SOLUTIONS, INC.

                                                By:
                                                    ----------------------------
                                                    Name:
                                                    Title:

Attest:
         --------------------
         Name:
         Title:

                                       4

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