Document:

THIS NOTE AND THE STOCK INTO WHICH IT IS  CONVERTIBLE  HAVE NOT BEEN  REGISTERED
UNDER THE  SECURITIES  ACT OF 1933, AS AMENDED,  OF THE UNITED STATES OF AMERICA
(THE "ACT") OR THE  SECURITIES  LAWS OF ANY STATE OF THE UNITED  STATES  ("STATE
ACT").  THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN
CONNECTION WITH, THE SALE OF DISTRIBUTION THEREOF, AND MAY NOT BE OFFERED, SOLD,
PLEDGED,   HYPOTHECATED,   OR  OTHERWISE  TRANSFERRED  FOR  VALUE,  DIRECTLY  OR
INDIRECTLY,  IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT
AND  COMPLIANCE  WITH  APPLICABLE  STATE ACTS, OR PURSUANT TO AN EXAMPTION  FROM
REGISTRAITON  UNDER THE ACT AND UNDER APPLICABLE STATE ACTS, THE AVAILABILITY OF
WHICH  ARE  ESTABLISHED  BY  MEANS  OF AN  OPINION  TO SUCH  EFFECT  IN FORM AND
SUBSTANCE SATISFACTORY TO THE COMPANY AND RENDERED BY LEGAL COUNSEL SATISFACTORY
TO THE COMPANY.

                           CHAMPIONLYTE PRODUCTS, INC.

                    SERIES B 6.5% CONVERTIBLE PROMISSORY NOTE

$50,000.00                                                   BOCA RATON, FLORIDA
                                                             APRIL 15, 2003

1.       Promise  to Pay.  FOR VALUE  RECEIVED,  CHAMPIONLYTE  PRODUCTS,  INC, a
         Florida corporation (the "Company") promises to pay, in lawful money of
         the United States of America,  to the order of TRIPLE CROWN  CONSULTING
         INC., or assignee  (the  "Holder"),  at Boca Raton,  Florida or at such
         other  place as Holder  shall  from time to time  direct,  on or before
         April 14, 2004, the principal  amount of Fifty Thousand  Dollars and no
         cents  ($50,000.00)  plus  interest  on the  unpaid  principal  balance
         thereof at a rate of Six and one-half  percent (6.5%) per year from the
         date hereof until paid in full. Interest on this note shall be computed
         on a 365/365 simple interest  basis,  that is, by applying the ratio of
         the  annual  interest  rate by the  number  of days in the year  times,
         outstanding  principal balance times the actual number of days that the
         principal   balance  is   outstanding.   This  Note  shall  be  payable
         interest-only,  in arrears,  on the last day of each  calendar  months,
         commencing upon the first such date subsequent to the date of execution
         hereof,  and due and payable in full,  principal and  interest,  twelve
         months from the date hereof. At the option of the Holder,  the interest
         payable  may be paid  in  cash or  convertible  into  common  stock  in
         accordance  with Section 3.  Conversion.  All payments shall be applied
         first to accrued,  unpaid interest,  next to any collection  costs, and
         the remainder  against  principal.  This note may be not be redeemed by
         the Company prior to its due date without the express permission of the
         Holder.  This Note is one of a series  of  identical  notes,  except to
         principal amount and due date (collectively, the "Notes").

2.       Default.  The  Company  shall be in  default  under  this Note upon the
         occurrence of any of the following events:

         2.1      The Company  fails to timely  perform  any of its  obligations
                  under,  or otherwise  breaches any  covenants or warranties of
                  this Note;

         2.2      Any statement, representation, or warranty made by the Company
                  or its  agents to  Holder  shall  prove to have been  false or
                  materially misleading when made; and/or,

         2.3      The  Company  shall  become  insolvent,  or unable to meet its
                  obligations  as they  become  due, or shall file or have filed
                  against it, voluntarily or involuntarily, a petition under the
                  United States  Bankruptcy  Code or shall procure or suffer the
                  appointment of a receiver for any  substantial  portion of its
                  properties,  or  shall  make  an  assignment  for  benefit  of
                  creditors,  or shall  initiate or have  initiated  against it,
                  voluntarily or involuntarily, any act, process, or proceedings
                  under any insolvency law or other statute or law providing for
                  the modifications or adjustment of the rights of creditors.

         UPON ANY  EVENT OF  DEFAULT,  HOLDER  MAY  DECLARE  THE  ENTIRE  UNPAID
         PRINCIPAL  BALANCE  OF  THIS  NOTE  AND  ALL  ACCRUED  UNPAID  INTEREST
         IMMEDIATELY  DUE,  WITHOUT  NOTICE,  AND THE COMPANY AGREES TO PAY SUCH
         AMOUNT IMMEDIATELY IN SUCH EVENT. IN THE EVENT OF DEFAULT,  THE COMPANY

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         AGREES TO PAY ALL OF HOLDER'S COSTS OF COLLECTION, INCLUDING ATTORNEY'S
         FEES; THIS SHALL INCLUDE LEGAL EXPENSES FOR THE BANKRUPTCY  PROCEEDINGS
         OR INSOLVENCY  PROCEEDINGS  (INCLUDING  EFFORTS TO MODIFY OR VACATE ANY
         AUTOMATIC STAY OR  INJUNCTION),  COURT COSTS,  APPEALS,  POST-JUDGEMENT
         COLLECTION  EXPENSES AND ANY OTHER AMOUNT  PROVIDED BY LAW. THE PARTIES
         INTEND  THIS  PROVISION  TO BE  GIVEN  THE  MOST  LIBERAL  CONSTRUCTION
         POSSIBLE  AND TO  APPLY  TO  ANY  CIRCUMSTANCES  IN  WHICH  SUCH  PARTY
         REASONABLY  INCURS  EXPENSES.  NO DELAY OR  OMISSION ON THE PART OF ANY
         HOLDER  HEREOF IN  EXERCISING  ANY RIGHT OR OPTION HEREIN GIVEN TO SUCH
         HOLDER SHALL IMPAIR SUCH RIGHT OR OPTION OR BE  CONSIDERED  AS A WAIVER
         THEREOF OR  ACQUIESCENCE IN ANY DEFAULT  HEREUNDER.  THE COMPANY HEREBY
         WAIVES ANY APPLICABLE  STATUE OF LIMITATIONS,  PRESENTMENT,  DEMAND FOR
         PAYMENT, PROTEST AND NOTICE OF DISHONOR.

3.       Conversion.  The Holder  shall have  conversion  rights as follows (the
         "Conversion Rights"):

         3.1      Right To Convert.  Subject to subsection  3.3, this Note shall
                  be  convertible,  in whole or in part,  at the  option  of the
                  Holder,  at any time after the date of  issuance of this Note,
                  and  from  time  to  time  thereafter,  at the  office  of the
                  Company,  into such  number of fully  paid and  non-assessable
                  shares of Common  Stock of the  Company  as is  determined  as
                  follows:

                           The Conversion  Price per share shall be equal to the
                           lesser of (1) the  average of the lowest of three day
                           trading   prices   during  the  five   trading   days
                           immediately  prior to the Conversion  Date multiplied
                           by .70, or (2) the average of the lowest of three day
                           trading   prices   during  the  five   trading   days
                           immediately prior to the funding date(s).

         3.2      Mechanics of  Conversion.  Before  Holder shall be entitled to
                  convert this Note, in whole or in part,  into shares of Common
                  Stock,  he shall  surrender  this  Note at the  office  of the
                  Company,  and  shall  give  written  notice in  person,  or by
                  facsimile,  mail,  postage  prepaid,  to  the  Company  at its
                  principal  corporate  office,  of Holder's election to convert
                  the Note and shall state  therein the portion of the principal
                  amount  of the Note to be  converted  and the name or names in
                  which the  certificate  or  certificates  for shares of Common
                  Stock are to be issued, the address of such persons to be used
                  for  record   purposes,   and  the  address(s)  to  which  the
                  certificate(s)  should  be  delivered  if  different  from the
                  record  address.  Such notice shall be on the form attached to
                  this  Note  as  Exhibit  `A'.  The  Company  shall  as soon as
                  practicable thereafter, issue and deliver to Holder, or to the
                  nominee or nominees of Holder,  a certificate or  certificates
                  for the number of shares of Common Stock to which Holder shall
                  be entitled as aforesaid  and, if less than the full principal
                  amount of the note is converted,  a new Note  representing the
                  uncoverted  balance  which remains  outstanding.  Any interest
                  accrued but unpaid on the converted  portion of the Note shall
                  be paid upon  conversion;  any interest  accrued but unpaid on
                  the  non-converted  portion  of the Note  shall be paid in due
                  course under the replacement  Note.  Such conversion  shall be
                  deemed  to have been  made  immediately  prior to the close of
                  business  on the  date of  such  surrender  of the  Note to be
                  converted,  and the person or persons  entitled to receive the
                  shares of Common Stock issuable upon such conversion  shall be
                  treated for all  purposes  as the record  holder or holders of
                  such shares of Common Stock as of such date.

         3.3      Voting  Rights.  If at any  time  or from  time to time  there
                  occurs matters that require a vote by the  shareholders of the
                  Company,  the Holder  shall have the right to cast votes equal
                  to twenty  times the number of shares then  convertible  as of
                  the date of the vote required.

         3.4      No  Impairment.  The  Company  will not, by  amendment  of its
                  Articles  of  Incorporation  or  through  any  reorganization,
                  recapitalization,  transfer of assets, consolidation,  merger,
                  dissolution,   issue  or  sale  of  securities  or  any  other
                  voluntary  action,  avoid or seek to avoid the  observance  or
                  performance  of any of the terms to be observed  or  performed
                  hereunder by the Company,  but will at all times in good faith
                  assist  in the  carrying  out of all  the  provisions  of this
                  Section  3 and in the  taking  of all  such  action  as may be
                  necessary or  appropriate  in order to protect the  Conversion
                  Rights of the Holder against impairment

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<PAGE>

         3.5      No Fractional  Shares and  Certificates  as to Conversion.  No
                  fractional shares shall be issued upon conversion of the Note,
                  and the number of shares of Common Stock to be issued shall be
                  rounded to the nearest whole share.

         3.6      Notices  of Record  Date.  In the  event of any  taking by the
                  Company of a record of the holders of any class of  securities
                  for the purpose of  determining  the  holders  thereof who are
                  entitled to receive any  dividend or other  distribution,  any
                  right to  subscribe  for,  purchase or  otherwise  acquire any
                  shares  of  stock  of any  class or any  other  securities  or
                  property,  or to receive any other  right,  the Company  shall
                  mail to Holder,  at least 20 days prior to the date  specified
                  therein, a notice specifying the date on which any such record
                  is to be taken for the purpose of such dividend, distribution,
                  or right,  and the  amount  and  character  of such  dividend,
                  distribution,  or right.  In the case of rights to acquire any
                  shares of stock or any other class of  securities or property,
                  Company shall grant to Holder the same rights as if the Holder
                  had converted his Note upon the Record Date.

         3.7      Reservation  of Stock  Issuable Upon  Conversion.  The Company
                  shall  at all  times  reserve  and keep  available  out of its
                  authorized but unissued  shares of Common Stock solely for the
                  purpose of effecting  the  conversion of the Notes such number
                  of  shares  of  Common  Stock  as shall  from  time to time be
                  sufficient to effect the conversion of all outstanding  Notes;
                  and if at any time  the  number  of  authorized  but  unissued
                  shares of Common Stock shall not be  sufficient  to effect the
                  conversion of all then-outstanding  Notes, in addition to such
                  other  remedies  as  shall be  available  to the  Holder,  the
                  Company will take such corporate action as may, in the opinion
                  of its counsel,  be necessary to increase its  authorized  but
                  unissued  shares of Common  Stock to such  number of shares as
                  shall be sufficient for such purposes.

         3.8      Notices. Any notice required by the provisions of this Section
                  3 to be given to the Holder shall be deemed given if deposited
                  in the United  States  mail,  postage  prepaid and  certified,
                  return receipt  requested and addressed to Holder of record at
                  his address appearing on the books of the Company.

4.       Redemption.  The Company, may not redeem this Note at any time prior to
         the maturity date.

5.       Assignment.  Subject to the restrictions on transfer herein, the Holder
         may  transfer  this Note in whole or in part,  in the event of  partial
         transfer(s),  the  Company  will  exchange  this  Note for new Notes as
         instructed  by  the  Holder  equal  to  the  total  of  this  Note,  by
         endorsement  (by  the  Holder  of  this  Note  executing  the  form  of
         assignment  attached to this Note as Exhibit  `B') and  delivery in the
         same manner as any negotiable  instrument  transferable  by endorsement
         and delivery.  Until this Note is transferred on the Company books, the
         Company may treat the  registered  Holder of this Note as the  absolute
         owner  of this  Note  for  all  purposes,  despite  any  notice  to the
         contrary.  The Company's  obligations  hereunder may not be transferred
         without  prior written  consent of the Holder;  any attempt to transfer
         without consent shall be void ab initio.

6.       Restrictions  on  Transfer.  This Note and the stock  into  which it is
         convertible  have not been registered under the Securities act of 1933,
         as  amended,  of the  United  States  of  America  (the  "Act")  or the
         securities  laws of any sate of the United States ("State  Act").  This
         Note and the stock into which it is convertible  have been acquired for
         investment  and not with a view to, or in connection  with, the sale or
         distribution   thereof,   and  may  not  be  offered,   sold,  pledged,
         hypothecated.   Or  otherwise   transferred   for  value   directly  or
         indirectly, in the absence of an effective registration statement under
         the Act and compliance  with  applicable  State Acts, or pursuant to an
         exemption from  registration  under the Act and under  applicable State
         Acts, the  availability of which are established by means of an opinion
         to such effect.  In form and substance  satisfactory to the Company and
         rendered by legal counsel satisfactory to the Company. The certificates
         representing the shares into which this Note is convertible  shall bear
         the foregoing legend.

7.       Registration of Underlying  Stock & Penalties.  The Company agrees that
         within  thirty days of the date of this Note,  the Company shall file a
         registration  statement with the Securities and Exchange  Commission on
         Form SB-2,  or shall amend its present SB-2  registration  statement to
         register  200% of the then shares to be issued upon  conversion  of the
         Notes.  A copy of this  Registration

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         Statement is attached hereto as Exhibit `C'. The registration statement
         shall call for, amongst other items more fully described  therein,  the
         Company  to use its best  efforts to have such  registration  statement
         declared   effective  at  the  earliest   possible  time.  Should  such
         registration  statement not be deemed effective within ninety days from
         the date of its initial filing,  the Company shall pay a penalty to the
         Holder in an amount  equal to 2% of the  principal  balance and any and
         all accrued  interest then  outstanding  per month or any part thereof,
         until such time as the  registration  statement is declared  effective.
         Company agrees to keep such registration  statement effective until the
         maturity  of the Note.  Should  there  come a time  when the  number of
         shares that have been  registered is less than 200% of the total number
         of shares to be issued upon conversion, the Company agrees that it will
         amend such  registration  statement  such that a minimum of 200% of the
         shares to be issued upon conversion are on such registration statement.

         7.1      No  additional  Issuance  with  Registration  Rights.  Company
                  agrees  that  without the  written  consent of the Holder,  it
                  shall  not  issue  common  shares  or   securities   that  are
                  convertible  into common shares that have  piggyback or demand
                  registration rights while the Note is still outstanding.

8.       Replacement.  On receipt of  evidence  reasonably  satisfactory  to the
         Company of the loss, theft, destruction or mutilation of this Note and,
         in the event of such occurrence,  on delivery of an indemnity agreement
         or bond  reasonably  satisfactory in form and amount to the Company or,
         in the case of mutilation,  on surrender and cancellation of this Note,
         the Company at its expense will  execute and  deliver,  in lieu of this
         Note, a new Note of like tenor.  On surrender of this Note for exchange
         and  subject  to the  provisions  of this Note on  compliance  with the
         Securities  Act,  the  Company,  at its expense will issue to or on the
         order of the Holder of this Note a new Note or Notes of like tenor,  in
         the name of that  Holder or as that Holder (on payment by the Holder of
         any applicable  transfer taxes) may direct, in the same total principal
         amount as this Note.

9.       Appointment of Agent.  The Company may, on written notice to the Holder
         of this Note, appoint an agent for the purposes of issuing Common Stock
         or other  securities on the conversion of this Note and of replacing or
         exchanging  this  Note;  and after  that  appointment  occurs  any such
         issuance, replacement, or exchange shall be made at that office by that
         agent.

10.      Miscellaneous.

         10.1     Amendment. No supplement,  modification,  or amendment of this
                  Note shall be binding  unless  executed  in writing by all the
                  parties hereto.

         10.2     Waiver.  No waiver of any of the provisions of this Note shall
                  be  deemed,  or  shall  constitute,  a  waiver  of  any  other
                  provision,  whether  or not  similar,  nor  shall  any  waiver
                  constitute  a  continuing  waiver.  No waiver shall be binding
                  unless  executed  in writing by the party  making the  waiver.
                  Neither the acceptance of any partial or delinquent payment by
                  the Holder nor the  Holder's  failure to  exercise  any of its
                  rights or remedies on default by the Company shall be a waiver
                  by the Holder of any default or the Company  obligations under
                  this  Note,  or a  waiver  of any  subsequent  default  by the
                  Company.

         10.3     Timeliness.  Time is of the  essence of this Note and each and
                  all of its provisions.

         10.4     Notices. Notices given under this Note shall be in writing and
                  shall be delivered personally, by messenger, by certified U.S.
                  mail,  return  receipt  requested,  or by a  common  overnight
                  carrier  delivery  service.  Notices shall be deemed  received
                  upon  receipt  of  same.  Notices  to  the  Company  shall  be
                  addressed to 2999 NE 191st Street,  Penthouse Two, North Miami
                  Beach,  FL 33180.  Notices to the Holder  shall be directed to
                  Holder at the  Holder's  address  of  record on the  Company's
                  books.  A party may  change its  address  for notice by giving
                  written  notice to the  other  party in  accordance  with this
                  Section.

         10.5     Governing  Law and  Venue.  This Note  shall be  construed  in
                  accordance  with,  and  governed  by, the laws of the State of
                  Florida, and any action or proceeding,  including

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                  arbitration,  brought  by any  party in which  this  Note is a
                  subject shall be brought in Florida

         10.6     Effect of Headings.  The headings of the sections of this Note
                  are included for purposes of  convenience  only, and shall not
                  affect  the  construction  or  interpretation  of  any  of its
                  provisions.

         10.7     Invalidity. Any provision of this Note which is invalid, void,
                  or illegal,  shall not affect, impair, or invalidate any other
                  provision of this Note, and such other provisions of this Note
                  shall remain in full force and effect.

         10.8     Professional Fees and Costs. If any legal or equitable action,
                  arbitration, or other proceeding,  whether on the merits or on
                  motion, are brought or undertaken,  or an attorney is retained
                  to  enforce  this Note,  or  because  of an  alleged  dispute,
                  breach,  default, or  misrepresentation in connection with any
                  of the  provisions  of  this  Note,  then  the  successful  or
                  prevailing  party or parties in such undertaking (or the party
                  that  would  prevail  if an  action  were  brought)  shall  be
                  entitled  to  recover  reasonable  attorney's  fees and  other
                  professional  fees and other costs  incurred  in such  action,
                  proceeding or discussions,  in addition to any other relief to
                  which such party would be  entitled.  The parties  intend this
                  provision be given the most liberal construction  possible and
                  to apply to any  circumstances  in which such party reasonably
                  incurs expenses.

                                                ChampionLyte Products, Inc.

                                                  By: s/s David Goldberg

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                                   EXHIBIT `A'

                                CONVERSION NOTICE

TO:      ChampionLyte Products, Inc.
         2999 NE 191st Street, Penthouse Two.,
         North Miami Beach, FL 33180
         Attn:    Corporate Secretary

                  The undersigned  owner of this 6.5% Convertible Note due April
14, 2004 (the "Note")  issued by  ChampionLyte  Products,  Inc. (the  "Company")
hereby irrevocably  exercises its option to convert $__________ Principal Amount
of the Note  into  shares of Common  Stock in  accordance  with the terms of the
Note. The undersigned hereby instructs the Company to convert the portion of the
Note  specified  above  into  ______________  shares of Common  Stock  Issued at
Conversion in accordance with the provisions of Article 3 of the Note.  Attached
hereto  is  the   undersigned's   calculation  for  the  Conversion  Price.  The
undersigned directs that the Common Stock and certificates therefore deliverable
upon conversion, the Note reissued in the Principal Amount not being surrendered
for conversion hereby,  together with any check in payment for fractional Common
Stock, be registered in the name of and/or delivered to the undersigned unless a
different  name has been indicated  below.  All  capitalized  terms used and not
defined  herein have the respective  meanings  assigned to them in the Note. The
conversion pursuant hereto shall be deemed to have been effected at the date and
time specified below, and at such time the rights of the undersigned as a Holder
of the  Principal  Amount of the Note set forth above shall cease and the Person
or Persons in whose name or names the Common Stock Issued at Conversion shall be
registered shall be deemed to have become the holder or holders of record of the
Common  Shares  represented  thereby and all voting and other rights  associated
with the beneficial ownership of such Common Shares shall at such time vest with
such Person or Persons.

Date and time:

                                               ---------------------------------
                                               Signature

Fill in for registration of Note:

Please print name and address
(including ZIP code number):

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                                   EXHIBIT `B'

                                 ASSIGNMENT FORM

TO:      ChampionLyte Products, Inc.
         2999 NE 191st Street, Penthouse Two.,
         North Miami Beach, FL 33180
         Attn:    Corporate Secretary

The  undersigned  owner of this 6.5%  Convertible  Note due April 14,  2004 (the
"Note") issued by ChampionLyte Products, Inc. (the "Company") hereby irrevocably
assigns its  rights,  title and  ownership  in $ of the Note,  inclusive  of all
principal  and pro-rata  interest,  to the party more fully  described  below in
accordance  with Section 5 of the Note.  Accordingly,  the  undersigned  directs
that, if the Assignment is for less than the outstanding principal amount of the
Note that it be  reissued  in the  Principal  Amount not being  surrendered  for
assignment  hereby,  to the undersigned with the amount being assigned  reissued
for the amount  being  assigned  hereunder  to the name that has been  indicated
below.  All  capitalized  terms used and not defined  herein have the respective
meanings  assigned to them in the Note. The Assignment  pursuant hereto shall be
deemed to have been effected at the date and time specified  below,  and at such
time the rights of the  undersigned  as a Holder of the principal  Amount of the
Note  amount  herein  assigned,  set forth  above  shall cease and the Person or
Persons  indicated below shall be deemed to have become the holder or holders of
record of any or all of the Note  assigned  herein and shall have all voting and
other rights  associated with the beneficial  ownership of the Note and shall at
such time vest with such Person or Persons.

Date and time:

                                               ---------------------------------
                                               Signature

         Fill in for registration of Note:

Please print name and address (including ZIP code number, and social security or
tax identification number):

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<PAGE>

THIS NOTE AND THE STOCK INTO WHICH IT IS  CONVERTIBLE  HAVE NOT BEEN  REGISTERED
UNDER THE  SECURITIES  ACT OF 1933, AS AMENDED,  OF THE UNITED STATES OF AMERICA
(THE "ACT") OR THE  SECURITIES  LAWS OF ANY STATE OF THE UNITED  STATES  ("STATE
ACT").  THIS NOTE HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN
CONNECTION WITH, THE SALE OF DISTRIBUTION THEREOF, AND MAY NOT BE OFFERED, SOLD,
PLEDGED,   HYPOTHECATED,   OR  OTHERWISE  TRANSFERRED  FOR  VALUE,  DIRECTLY  OR
INDIRECTLY,  IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER THE ACT
AND  COMPLIANCE  WITH  APPLICABLE  STATE ACTS, OR PURSUANT TO AN EXAMPTION  FROM
REGISTRAITON  UNDER THE ACT AND UNDER APPLICABLE STATE ACTS, THE AVAILABILITY OF
WHICH  ARE  ESTABLISHED  BY  MEANS  OF AN  OPINION  TO SUCH  EFFECT  IN FORM AND
SUBSTANCE SATISFACTORY TO THE COMPANY AND RENDERED BY LEGAL COUNSEL SATISFACTORY
TO THE COMPANY.

                           CHAMPIONLYTE PRODUCTS, INC.

                    SERIES B 6.5% CONVERTIBLE PROMISSORY NOTE

$50,000.00                                                   BOCA RATON, FLORIDA
                                                                   JUNE 30, 2003

1.       Promise  to Pay.  FOR VALUE  RECEIVED,  CHAMPIONLYTE  PRODUCTS,  INC, a
         Florida corporation (the "Company") promises to pay, in lawful money of
         the  United   States  of  America,   to  the  order  of  TRIPLE   CROWN
         CONSULTING.INC,  or assignee (the "Holder"),  at Boca Raton, Florida or
         at such other  place as Holder  shall from time to time  direct,  on or
         before June 29, 2004, the principal  amount of Fifty  Thousand  Dollars
         and no cents ($50,000.00) plus interest on the unpaid principal balance
         thereof at a rate of Six and one-half  percent (6.5%) per year from the
         date hereof until paid in full. Interest on this note shall be computed
         on a 365/365 simple interest  basis,  that is, by applying the ratio of
         the  annual  interest  rate by the  number  of days in the year  times,
         outstanding  principal balance times the actual number of days that the
         principal   balance  is   outstanding.   This  Note  shall  be  payable
         interest-only,  in arrears,  on the last day of each  calendar  months,
         commencing upon the first such date subsequent to the date of execution
         hereof,  and due and payable in full,  principal and  interest,  twelve
         months from the date hereof. At the option of the Holder,  the interest
         payable  may be paid  in  cash or  convertible  into  common  stock  in
         accordance  with Section 3.  Conversion.  All payments shall be applied
         first to accrued,  unpaid interest,  next to any collection  costs, and
         the remainder  against  principal.  This note may be not be redeemed by
         the Company prior to its due date without the express permission of the
         Holder.  This Note is one of a series  of  identical  notes,  except to
         principal amount and due date (collectively, the "Notes").

2.       Default.  The  Company  shall be in  default  under  this Note upon the
         occurrence of any of the following events:

         2.1      The Company  fails to timely  perform  any of its  obligations
                  under,  or otherwise  breaches any  covenants or warranties of
                  this Note;

         2.2      Any statement, representation, or warranty made by the Company
                  or its  agents to  Holder  shall  prove to have been  false or
                  materially misleading when made; and/or,

         2.3      The  Company  shall  become  insolvent,  or unable to meet its
                  obligations  as they  become  due, or shall file or have filed
                  against it, voluntarily or involuntarily, a petition under the
                  United States  Bankruptcy  Code or shall procure or suffer the
                  appointment of a receiver for any  substantial  portion of its
                  properties,  or  shall  make  an  assignment  for  benefit  of
                  creditors,  or shall  initiate or have  initiated  against it,
                  voluntarily or involuntarily, any act, process, or proceedings
                  under any insolvency law or other statute or law providing for
                  the modifications or adjustment of the rights of creditors.

         UPON ANY  EVENT OF  DEFAULT,  HOLDER  MAY  DECLARE  THE  ENTIRE  UNPAID
         PRINCIPAL  BALANCE  OF  THIS  NOTE  AND  ALL  ACCRUED  UNPAID  INTEREST
         IMMEDIATELY  DUE,  WITHOUT  NOTICE,  AND THE COMPANY AGREES TO PAY SUCH
         AMOUNT IMMEDIATELY IN SUCH EVENT. IN THE EVENT OF DEFAULT,  THE COMPANY

                                       1
<PAGE>

         AGREES TO PAY ALL OF HOLDER'S COSTS OF COLLECTION, INCLUDING ATTORNEY'S
         FEES; THIS SHALL INCLUDE LEGAL EXPENSES FOR THE BANKRUPTCY  PROCEEDINGS
         OR INSOLVENCY  PROCEEDINGS  (INCLUDING  EFFORTS TO MODIFY OR VACATE ANY
         AUTOMATIC STAY OR  INJUNCTION),  COURT COSTS,  APPEALS,  POST-JUDGEMENT
         COLLECTION  EXPENSES AND ANY OTHER AMOUNT  PROVIDED BY LAW. THE PARTIES
         INTEND  THIS  PROVISION  TO BE  GIVEN  THE  MOST  LIBERAL  CONSTRUCTION
         POSSIBLE  AND TO  APPLY  TO  ANY  CIRCUMSTANCES  IN  WHICH  SUCH  PARTY
         REASONABLY  INCURS  EXPENSES.  NO DELAY OR  OMISSION ON THE PART OF ANY
         HOLDER  HEREOF IN  EXERCISING  ANY RIGHT OR OPTION HEREIN GIVEN TO SUCH
         HOLDER SHALL IMPAIR SUCH RIGHT OR OPTION OR BE  CONSIDERED  AS A WAIVER
         THEREOF OR  ACQUIESCENCE IN ANY DEFAULT  HEREUNDER.  THE COMPANY HEREBY
         WAIVES ANY APPLICABLE  STATUE OF LIMITATIONS,  PRESENTMENT,  DEMAND FOR
         PAYMENT, PROTEST AND NOTICE OF DISHONOR.

3.  Conversion.  The  Holder  shall  have  conversion  rights  as  follows  (the
"Conversion Rights"):

         3.1      Right To Convert.  Subject to subsection  3.3, this Note shall
                  be  convertible,  in whole or in part,  at the  option  of the
                  Holder,  at any time after the date of  issuance of this Note,
                  and  from  time  to  time  thereafter,  at the  office  of the
                  Company,  into such  number of fully  paid and  non-assessable
                  shares of Common  Stock of the  Company  as is  determined  as
                  follows:

                           The Conversion  Price per share shall be equal to the
                           lesser of (1) the  average of the lowest of three day
                           trading   prices   during  the  five   trading   days
                           immediately  prior to the Conversion  Date multiplied
                           by .70, or (2) the average of the lowest of three day
                           trading   prices   during  the  five   trading   days
                           immediately prior to the funding date(s).

         3.2      Mechanics of  Conversion.  Before  Holder shall be entitled to
                  convert this Note, in whole or in part,  into shares of Common
                  Stock,  he shall  surrender  this  Note at the  office  of the
                  Company,  and  shall  give  written  notice in  person,  or by
                  facsimile,  mail,  postage  prepaid,  to  the  Company  at its
                  principal  corporate  office,  of Holder's election to convert
                  the Note and shall state  therein the portion of the principal
                  amount  of the Note to be  converted  and the name or names in
                  which the  certificate  or  certificates  for shares of Common
                  Stock are to be issued, the address of such persons to be used
                  for  record   purposes,   and  the  address(s)  to  which  the
                  certificate(s)  should  be  delivered  if  different  from the
                  record  address.  Such notice shall be on the form attached to
                  this  Note  as  Exhibit  `A'.  The  Company  shall  as soon as
                  practicable thereafter, issue and deliver to Holder, or to the
                  nominee or nominees of Holder,  a certificate or  certificates
                  for the number of shares of Common Stock to which Holder shall
                  be entitled as aforesaid  and, if less than the full principal
                  amount of the note is converted,  a new Note  representing the
                  uncoverted  balance  which remains  outstanding.  Any interest
                  accrued but unpaid on the converted  portion of the Note shall
                  be paid upon  conversion;  any interest  accrued but unpaid on
                  the  non-converted  portion  of the Note  shall be paid in due
                  course under the replacement  Note.  Such conversion  shall be
                  deemed  to have been  made  immediately  prior to the close of
                  business  on the  date of  such  surrender  of the  Note to be
                  converted,  and the person or persons  entitled to receive the
                  shares of Common Stock issuable upon such conversion  shall be
                  treated for all  purposes  as the record  holder or holders of
                  such shares of Common Stock as of such date.

         3.3      Voting  Rights.  If at any  time  or from  time to time  there
                  occurs matters that require a vote by the  shareholders of the
                  Company,  the Holder  shall have the right to cast votes equal
                  to twenty  times the number of shares then  convertible  as of
                  the date of the vote required.

         3.4      No  Impairment.  The  Company  will not, by  amendment  of its
                  Articles  of  Incorporation  or  through  any  reorganization,
                  recapitalization,  transfer of assets, consolidation,  merger,
                  dissolution,   issue  or  sale  of  securities  or  any  other
                  voluntary  action,  avoid or seek to avoid the  observance  or
                  performance  of any of the terms to be observed  or  performed
                  hereunder by the Company,  but will at all times in good faith
                  assist  in the  carrying  out of all  the  provisions  of this
                  Section  3 and in the  taking  of all  such  action  as may be
                  necessary or  appropriate  in order to protect the  Conversion
                  Rights of the Holder against impairment

                                       2
<PAGE>

         3.5      No Fractional  Shares and  Certificates  as to Conversion.  No
                  fractional shares shall be issued upon conversion of the Note,
                  and the number of shares of Common Stock to be issued shall be
                  rounded to the nearest whole share.

         3.6      Notices  of Record  Date.  In the  event of any  taking by the
                  Company of a record of the holders of any class of  securities
                  for the purpose of  determining  the  holders  thereof who are
                  entitled to receive any  dividend or other  distribution,  any
                  right to  subscribe  for,  purchase or  otherwise  acquire any
                  shares  of  stock  of any  class or any  other  securities  or
                  property,  or to receive any other  right,  the Company  shall
                  mail to Holder,  at least 20 days prior to the date  specified
                  therein, a notice specifying the date on which any such record
                  is to be taken for the purpose of such dividend, distribution,
                  or right,  and the  amount  and  character  of such  dividend,
                  distribution,  or right.  In the case of rights to acquire any
                  shares of stock or any other class of  securities or property,
                  Company shall grant to Holder the same rights as if the Holder
                  had converted his Note upon the Record Date.

         3.7      Reservation  of Stock  Issuable Upon  Conversion.  The Company
                  shall  at all  times  reserve  and keep  available  out of its
                  authorized but unissued  shares of Common Stock solely for the
                  purpose of effecting  the  conversion of the Notes such number
                  of  shares  of  Common  Stock  as shall  from  time to time be
                  sufficient to effect the conversion of all outstanding  Notes;
                  and if at any time  the  number  of  authorized  but  unissued
                  shares of Common Stock shall not be  sufficient  to effect the
                  conversion of all then-outstanding  Notes, in addition to such
                  other  remedies  as  shall be  available  to the  Holder,  the
                  Company will take such corporate action as may, in the opinion
                  of its counsel,  be necessary to increase its  authorized  but
                  unissued  shares of Common  Stock to such  number of shares as
                  shall be sufficient for such purposes.

         3.8      Notices. Any notice required by the provisions of this Section
                  3 to be given to the Holder shall be deemed given if deposited
                  in the United  States  mail,  postage  prepaid and  certified,
                  return receipt  requested and addressed to Holder of record at
                  his address appearing on the books of the Company.

4.       Redemption.  The Company, may not redeem this Note at any time prior to
         the maturity date.

5.       Assignment.  Subject to the restrictions on transfer herein, the Holder
         may  transfer  this Note in whole or in part,  in the event of  partial
         transfer(s),  the  Company  will  exchange  this  Note for new Notes as
         instructed  by  the  Holder  equal  to  the  total  of  this  Note,  by
         endorsement  (by  the  Holder  of  this  Note  executing  the  form  of
         assignment  attached to this Note as Exhibit  `B') and  delivery in the
         same manner as any negotiable  instrument  transferable  by endorsement
         and delivery.  Until this Note is transferred on the Company books, the
         Company may treat the  registered  Holder of this Note as the  absolute
         owner  of this  Note  for  all  purposes,  despite  any  notice  to the
         contrary.  The Company's  obligations  hereunder may not be transferred
         without  prior written  consent of the Holder;  any attempt to transfer
         without consent shall be void ab initio.

6.       Restrictions  on  Transfer.  This Note and the stock  into  which it is
         convertible  have not been registered under the Securities act of 1933,
         as  amended,  of the  United  States  of  America  (the  "Act")  or the
         securities  laws of any sate of the United States ("State  Act").  This
         Note and the stock into which it is convertible  have been acquired for
         investment  and not with a view to, or in connection  with, the sale or
         distribution   thereof,   and  may  not  be  offered,   sold,  pledged,
         hypothecated.   Or  otherwise   transferred   for  value   directly  or
         indirectly, in the absence of an effective registration statement under
         the Act and compliance  with  applicable  State Acts, or pursuant to an
         exemption from  registration  under the Act and under  applicable State
         Acts, the  availability of which are established by means of an opinion
         to such effect.  In form and substance  satisfactory to the Company and
         rendered by legal counsel satisfactory to the Company. The certificates
         representing the shares into which this Note is convertible  shall bear
         the foregoing legend.

7.       Registration of Underlying  Stock & Penalties.  The Company agrees that
         within  thirty days of the date of this Note,  the Company shall file a
         registration  statement with the Securities and Exchange  Commission on
         Form SB-2,  or shall amend its present SB-2  registration  statement to
         register  200% of the then shares to be issued upon  conversion  of the
         Notes.  A copy of this  Registration

                                       3
<PAGE>

         Statement is attached hereto as Exhibit `C'. The registration statement
         shall call for, amongst other items more fully described  therein,  the
         Company  to use its best  efforts to have such  registration  statement
         declared   effective  at  the  earliest   possible  time.  Should  such
         registration  statement not be deemed effective within ninety days from
         the date of its initial filing,  the Company shall pay a penalty to the
         Holder in an amount  equal to 2% of the  principal  balance and any and
         all accrued  interest then  outstanding  per month or any part thereof,
         until such time as the  registration  statement is declared  effective.
         Company agrees to keep such registration  statement effective until the
         maturity  of the Note.  Should  there  come a time  when the  number of
         shares that have been  registered is less than 200% of the total number
         of shares to be issued upon conversion, the Company agrees that it will
         amend such  registration  statement  such that a minimum of 200% of the
         shares to be issued upon conversion are on such registration statement.

         7.1      No  additional  Issuance  with  Registration  Rights.  Company
                  agrees  that  without the  written  consent of the Holder,  it
                  shall  not  issue  common  shares  or   securities   that  are
                  convertible  into common shares that have  piggyback or demand
                  registration rights while the Note is still outstanding.

8.       Replacement.  On receipt of  evidence  reasonably  satisfactory  to the
         Company of the loss, theft, destruction or mutilation of this Note and,
         in the event of such occurrence,  on delivery of an indemnity agreement
         or bond  reasonably  satisfactory in form and amount to the Company or,
         in the case of mutilation,  on surrender and cancellation of this Note,
         the Company at its expense will  execute and  deliver,  in lieu of this
         Note, a new Note of like tenor.  On surrender of this Note for exchange
         and  subject  to the  provisions  of this Note on  compliance  with the
         Securities  Act,  the  Company,  at its expense will issue to or on the
         order of the Holder of this Note a new Note or Notes of like tenor,  in
         the name of that  Holder or as that Holder (on payment by the Holder of
         any applicable  transfer taxes) may direct, in the same total principal
         amount as this Note.

9.       Appointment of Agent.  The Company may, on written notice to the Holder
         of this Note, appoint an agent for the purposes of issuing Common Stock
         or other  securities on the conversion of this Note and of replacing or
         exchanging  this  Note;  and after  that  appointment  occurs  any such
         issuance, replacement, or exchange shall be made at that office by that
         agent.

10.      Miscellaneous.

         10.1     Amendment. No supplement,  modification,  or amendment of this
                  Note shall be binding  unless  executed  in writing by all the
                  parties hereto.

         10.2     Waiver.  No waiver of any of the provisions of this Note shall
                  be  deemed,  or  shall  constitute,  a  waiver  of  any  other
                  provision,  whether  or not  similar,  nor  shall  any  waiver
                  constitute  a  continuing  waiver.  No waiver shall be binding
                  unless  executed  in writing by the party  making the  waiver.
                  Neither the acceptance of any partial or delinquent payment by
                  the Holder nor the  Holder's  failure to  exercise  any of its
                  rights or remedies on default by the Company shall be a waiver
                  by the Holder of any default or the Company  obligations under
                  this  Note,  or a  waiver  of any  subsequent  default  by the
                  Company.

         10.3     Timeliness.  Time is of the  essence of this Note and each and
                  all of its provisions.

         10.4     Notices. Notices given under this Note shall be in writing and
                  shall be delivered personally, by messenger, by certified U.S.
                  mail,  return  receipt  requested,  or by a  common  overnight
                  carrier  delivery  service.  Notices shall be deemed  received
                  upon  receipt  of  same.  Notices  to  the  Company  shall  be
                  addressed to 2999 NE 191st Street,  Penthouse Two, North Miami
                  Beach,  FL 33180.  Notices to the Holder  shall be directed to
                  Holder at the  Holder's  address  of  record on the  Company's
                  books.  A party may  change its  address  for notice by giving
                  written  notice to the  other  party in  accordance  with this
                  Section.

         10.5     Governing  Law and  Venue.  This Note  shall be  construed  in
                  accordance  with,  and  governed  by, the laws of the State of
                  Florida, and any action or proceeding, including arbitration,

                                       4
<PAGE>

                  brought by any party in which this Note is a subject  shall be
                  brought in Florida

         10.6     Effect of Headings.  The headings of the sections of this Note
                  are included for purposes of  convenience  only, and shall not
                  affect  the  construction  or  interpretation  of  any  of its
                  provisions.

         10.7     Invalidity. Any provision of this Note which is invalid, void,
                  or illegal,  shall not affect, impair, or invalidate any other
                  provision of this Note, and such other provisions of this Note
                  shall remain in full force and effect.

         10.8     Professional Fees and Costs. If any legal or equitable action,
                  arbitration, or other proceeding,  whether on the merits or on
                  motion, are brought or undertaken,  or an attorney is retained
                  to  enforce  this Note,  or  because  of an  alleged  dispute,
                  breach,  default, or  misrepresentation in connection with any
                  of the  provisions  of  this  Note,  then  the  successful  or
                  prevailing  party or parties in such undertaking (or the party
                  that  would  prevail  if an  action  were  brought)  shall  be
                  entitled  to  recover  reasonable  attorney's  fees and  other
                  professional  fees and other costs  incurred  in such  action,
                  proceeding or discussions,  in addition to any other relief to
                  which such party would be  entitled.  The parties  intend this
                  provision be given the most liberal construction  possible and
                  to apply to any  circumstances  in which such party reasonably
                  incurs expenses.

                                                ChampionLyte Products, Inc.

                                                   By: s/s David Goldberg

                                       5
<PAGE>

                                   EXHIBIT `A'

                                CONVERSION NOTICE

TO:      ChampionLyte Products, Inc.
         2999 NE 191st Street, Penthouse Two.,
         North Miami Beach, FL 33180
         Attn:    Corporate Secretary

                  The undersigned  owner of this 6.5%  Convertible Note due June
29, 2004 (the "Note")  issued by  ChampionLyte  Products,  Inc. (the  "Company")
hereby irrevocably  exercises its option to convert $__________ Principal Amount
of the Note  into  shares of Common  Stock in  accordance  with the terms of the
Note. The undersigned hereby instructs the Company to convert the portion of the
Note  specified  above  into  ______________  shares of Common  Stock  Issued at
Conversion in accordance with the provisions of Article 3 of the Note.  Attached
hereto  is  the   undersigned's   calculation  for  the  Conversion  Price.  The
undersigned directs that the Common Stock and certificates therefore deliverable
upon conversion, the Note reissued in the Principal Amount not being surrendered
for conversion hereby,  together with any check in payment for fractional Common
Stock, be registered in the name of and/or delivered to the undersigned unless a
different  name has been indicated  below.  All  capitalized  terms used and not
defined  herein have the respective  meanings  assigned to them in the Note. The
conversion pursuant hereto shall be deemed to have been effected at the date and
time specified below, and at such time the rights of the undersigned as a Holder
of the  Principal  Amount of the Note set forth above shall cease and the Person
or Persons in whose name or names the Common Stock Issued at Conversion shall be
registered shall be deemed to have become the holder or holders of record of the
Common  Shares  represented  thereby and all voting and other rights  associated
with the beneficial ownership of such Common Shares shall at such time vest with
such Person or Persons.

Date and time:

                                        ---------------------------------
                                        Signature

Fill in for registration of Note:

Please print name and address
(including ZIP code number):

------------------------

------------------------

------------------------

                                       6
<PAGE>

                                   EXHIBIT `B'

                                 ASSIGNMENT FORM

TO:      ChampionLyte Products, Inc.
         2999 NE 191st Street, Penthouse Two.,
         North Miami Beach, FL 33180
         Attn:    Corporate Secretary

The  undersigned  owner of this  6.5%  Convertible  Note due June 29,  2004 (the
"Note") issued by ChampionLyte Products, Inc. (the "Company") hereby irrevocably
assigns its  rights,  title and  ownership  in $ of the Note,  inclusive  of all
principal  and pro-rata  interest,  to the party more fully  described  below in
accordance  with Section 5 of the Note.  Accordingly,  the  undersigned  directs
that, if the Assignment is for less than the outstanding principal amount of the
Note that it be  reissued  in the  Principal  Amount not being  surrendered  for
assignment  hereby,  to the undersigned with the amount being assigned  reissued
for the amount  being  assigned  hereunder  to the name that has been  indicated
below.  All  capitalized  terms used and not defined  herein have the respective
meanings  assigned to them in the Note. The Assignment  pursuant hereto shall be
deemed to have been effected at the date and time specified  below,  and at such
time the rights of the  undersigned  as a Holder of the principal  Amount of the
Note  amount  herein  assigned,  set forth  above  shall cease and the Person or
Persons  indicated below shall be deemed to have become the holder or holders of
record of any or all of the Note  assigned  herein and shall have all voting and
other rights  associated with the beneficial  ownership of the Note and shall at
such time vest with such Person or Persons.

Date and time:

                                              ---------------------------------
                                              Signature

         Fill in for registration of Note:

Please print name and address (including ZIP code number, and social security or
tax identification number):

------------------------

------------------------

------------------------

------------------------

                                       7CONSULTING AGREEMENT

         THIS  AGREEMENT,  made,  entered into,  and  effective  this [ ] day of
April,  2003 (the "Effective  Date"), by and between S.O.S.  Resource  Services,
Inc., a corporation  with its principal place of business at 59 Terrapin Street,
Mastic,  New  York  11950  (hereinafter   referred  to  as  "Consultant"),   and
Championlyte Products,  Inc, a ___________  corporation with its principal place
of business  2999 NE 191st  Street,  Penthouse  #2 North Miami  Beach,  FL 33180
(hereinafter referred to as "Corporation").

                              W I T N E S S E T H:

         WHEREAS, Consultant desires to provide such consulting services for the
Corporation as an independent  contractor,  with the understanding that he shall
not be required to devote his full time to the business of the  Corporation  and
shall be free to pursue other personal and business interests; and

         WHEREAS,  the  Company is  desirous  of  retaining  the Consult for the
purpose of corporate planning and contract negotiation.

         NOW, THEREFORE,  in consideration of the premises, the mutual covenants
of the parties herein contained and other good and valuable  consideration,  the
receipt and sufficienty of which are hereby  acknowledged by each of the parties
hereto, it is agreed as follows:

         1. CONSULTING AGREEMENT

            1.1 Contract for Services.  The Corporation hereby contracts for the
services  of  Consultant  and  Consultant  agrees  to  perform  such  dutis  and
responsibilities  and to render advice and consulting as may be requested by the
Corporation from time to time during the term of this consulting  arrangement in
connection  with the  Corporation's  business  throughout  the United States and
world wide ("Consulting Arrangement").  Consultant shall use his best efforts to
keep the  Corporation  informed of all corporate  business  opportunities  which
shall come to his attention and appear beneficial to the Corporation's  business
so that the  Corporation  can  obtain the  maximum  benefits  from  Consultant's
knowledge, experience, and personal contacts.

            1.2  Services rendered by Consultant. Said consulting services shall
include, but not be limited to:

                 (a) Corporate Flanning.

                           (i)      Develop an in-depth familiarization with the
                                    Corporation's  business objectives and bring
                                    to  its   attention   protential  or  actual
                                    opportunities,  which meet those  objectives
                                    or logical extensions thereof.

                           (ii)     Alert  Corporation  to new or emerging  high
                                    potential    forms   of    production    and
                                    distribution, which could either be

                                       1

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<PAGE>

                                    acquired or developed internally.

                           (iii)    Comment  on  the   Corporations'   corporate
                                    development   including   such   factors  as
                                    position  in  a   competitive   environment,
                                    financial   performance  and   comptetition,
                                    strategies, operational viability, etc.

                           (iv)     Identify  prospective suitable contracts for
                                    the  sale  of  Company   products,   perform
                                    appropriate  diligence  investigations  with
                                    respect thereto, advise the Corporation with
                                    respect  to the  desireability  of  pursuing
                                    such  prospects,  and assist the Corporation
                                    in  any   negotiation   -  which  may  cause
                                    therefrom.

            (b) Business Strategies.

                           (i)      Evaluate  business  strategies and recommend
                                    changes when appropriate.

                           (ii)     Critically    evaluate   the   Corporation's
                                    performance   in  view   of  its   corporate
                                    planning and business objectives.

            1.3  Prohibited  Services.  The  Services  to  be  rendered  by  the
Consultant to the Corporation shall under not circumstances include, directly or
indirectly,  the  following:  (i) Any  activities  which  could be deemed by the
Securities and Exchange Commission to constitute investment banking or any other
activities  required the  Consultant  to register as a  broker-dealer  under the
Securities Exchange Act of 1934, (ii) Any activities which could be deemed to be
in  connection  with  the  offer  or sale  of  securities  in a  capital-raising
transaction;  or (iii) Any market making or promotional  activities regarding or
involving the Company's common stock.

         2.  RELATIONSHIP  BETWEEN  PARTIES.  During the term of the  Consulting
Arrangement,  Consultant  shall be deemed to be an  independent  contractor.  He
shall be free to devote his time,  evergy and skill to any such person,  firm or
company as he deems  advisable  except to the extent he is obligation to devote
his time,  energy  and skill to the  Corporation  pursuant  to the terms of this
Agreement.  Consultant  shall not be  considered  as havinig an employee  status
vis-a-vis the  Corporation,  or by virtue of the  Consulting  Arrangement  being
entitled to  participate  in any plans,  arrangements  or  distributions  by the
Corporation  pertaining  to or in  connection  with any pension,  stock,  bonus,
profit sharing, welfare benefits, or similar benefits for the regular employees
of the Corporation. The corporation shall not withhold any taxes in connection
with compensation due Consultant hereunder, and Consultant will be responsible
for the payment of any such taxes and hereby agrees to indemnify the Corporation
against nonpayment thereof.

         3. COMPENSATION FOR THE CONSULTING  ARRANGEMENT.  As ufll consideration
for the  consulting  services to be provided by  Consultant  during the term of
this  Agreement,  the Company shall  immediately  issue to Consultant  1,000,000
shares of the

                                       2

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         --

<PAGE>

Company's  free-trading common stock or resticted stock with piggybank or demand
registration rights.

         4. TERM OF CONSULTING  ARRANGEMENT.  The Consulting  Arrangement  shall
begin  efficective as of the Effecitve Date of this Agreement and shall continue
for a period of  twelve  (12)  months,  until  April [ ], 2004 (the  "Consulting
Period").

         5. CONFIDENTIALITY COVENANTS.

            5.1 Acknowledgments by the Consultant.  The Consultant  acknowledges
that  (a)  during  the  Consulting  Period  and  as a  part  of  his  Consulting
Arrangement,  the Consultant will be afforded access to Confidential Information
(as defined below); (b) public disclosure of such Confidential Information could
have an adverse  effect on the  Corporation  and its  business;  (o) because the
Consultant possesses  substantial  technical expertise and skill with respect to
the  Corporation's   business,  the  Corporation  desires  to  obtain  exclusive
ownership of each Consultant  Invention (as defined below),  and the Corporation
will  be at a  substantial  competitive  disadvantage  if it  fails  to  acquire
exclusive  ownership of each  Consultant  Invention;  (d) the provisions of this
Section 5 are reasonable and necessary to prevent the improper use or disclosure
of  Confidential  Information  and to provide  the  Corporation  with  exclusive
ownership of all Consultant Inventions.

            5.2  Agreements  of  the  Consultant.   In   consideration   of  the
compensation  and  benefits  to be paid or  provided  to the  Consultant  by the
Corporation under this Agreement, the Consultant covenants as follows:

            (a) Confidentiality.

            (i) During the following the Consulting  Period, the Consultant will
hold in confidence the Confidential  Information and will not disclose it to any
person except with the specific  prior  written  consent of the  Corporation  or
except as otherwise epxpressly permitted by the terms of this Agreement.

            (ii) Any trade secrets of the Corporation will be entitled to all of
the  protections  and benefits under New Jersey  Statutes and common law and any
other  applicable  law. If any information  that the  Corporation  deems to be a
trade  secret is found by a court of  competent  jurisdiction  not to be a trade
secret for purposes of this Agreement,  such information will, nevertheless,  be
considered  Confidential   Information  for  purposes  of  this  Agreement.  The
Consultant  hereby waives any requirement  that the Corporation  submit proof of
the economic value of any trade secret or post a bond or other security.

            (iii) None of the foregoing  obligations and restrictions applies to
any part of the Confidential Information that the Consultant demonstrates was or
became generally  available to the public other than as a resulf of a disclosure
by the Consultant.

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            (iv) The conslutant will not remove from the Corporation's  premises
(except to the exten such  removeal is for  purposes of the  performance  of the
Consultant's  duties  at  home  or  while  traveling,  or  except  as  otherwise
sepcifically  authorized by the  Corporation)  any document,  record,  notebook,
plan, model, componenet,  device, or computer software or code, whether embodied
in a disk or in any other form  (collectively,  the  "Proprietary  Items").  The
Consultant  recognized that, as between the Corporation and the Consultant,  all
of the Proprietary  Items,  whether or not developed by the Consultant,  are the
exclusive  property of the  Corporation.  Upon  terminatin of this  Agreement by
either  party,  or upon the  request of the  Corporation  during the  Consulting
Period,  the  Consultant  will return to the  Corporation  all of the Propietary
Items in the consultant's  possession or subject to the Consultant's contol, and
teh  consultant  shall not  retain any  copies,  abstracts,  sketches,  or other
physical embodiment of any of the Proprietary Items.

            (b) Consultant  Inventions.  Each  Consultant  Invention will belong
exclusively  to the  Corporation.  The Consultant  acknowledges  that all of the
Consultant's writing, works of authoriship,  and other Consultant Inventions are
works  made  for  hire  and  the  property  of the  Corporation,  including  any
copyrights,  patents, or other intellectual  property rights pertaining thereto.
If is is  determined  that any such  works  are not  works  made for  hire,  the
Consultant  hereby assigns to the  Corporation  all of the  Consultant's  right,
title,  and  interest,  including  all rights of  copyright,  patent,  and other
intellectual  property  rights,  to  or  in  such  Consultant  Inventions.   The
Consultant covenants that the will promptly:

            (i) disclose to the Corporation in writing any Consultant Invention:

            (ii)  assign  to the  Corporation  or to a party  designated  by the
Corporation is the Corporation's  request and without  additional  compensation,
all of the Consultant's right to the Consultant  Invention for the United States
and all foreign jurisdiction;

            (iii)  execute and  deliver to the  Corporation  such  applications,
assignments,  and other  documents  as the  Corporation  may request in order to
apply  for and  obtain  patents  or  other  registrations  with  respect  to any
Consultant Invention in the United States and any foreign jurisdicions;

            (iv)  sign  all  other  papers  necessary  to  carry  out the  above
obligations; and

            (v) give testimony and render any other assistance in support of the
Corporation's rights to any Consultant Invention.

            5.3 Disputes or Controversies. The Consultant recognizes that should
a dispute or controversy arising from or relating to this Agreement be submetted
for  adjudication  to an court  arbitration  panel,  or other third  party,  the
preservation of the secrecy of Confidential Information may be jeopardized.  All
pleadings,  documents,  testimony, and records relating to any such adjudication
will be  maintained  in secrecy  and will be  available  for  inspection  by the
Corporation

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the Consultant,  and their respective  attorneys and experts, who will agree, in
advance and in writing, to recieve and maintain all such information in secrecy,
except as may be limited by them in writing.

            5.4 Definitions.

            (a) For the purposes of this Section 5,  "Confidential  Information"
shall mean any and all:

            (i)  trade  secrets  concerning  the  business  and  affairs  of the
Corporation,  product  specifications,  data know-how,  formulae,  compositions,
processes,   designes,   sketches,   photographs,   graphs,  drawings,  samples,
inventions  and ideas,  past,  current,  and planned  research and  development,
current planned  manufacturing or distribution  methods and processes,  customer
lists,  current and  anticipated  customer  requirements,  price  lists,  market
studies,  business plans,  computer software and programs (including object code
and  source  code),  computer  software  and  database  technologies,   systems,
structures,  and architectures  (and related formulae,  compositions,  processes
improvements,  devices,  know-how,  inventions,  discoveries,  concepts,  ideas,
designes,   methods  and  information,   and  any  other  information,   however
documented,  that is a trade secret  within the meaning of Chapter 688,  Florida
Statutes;

            (ii)  information   concerning  the  business  and  affairs  of  the
Corporation  (which  includes   historical   financial   statements,   financial
projections  and budgets,  historical  and  projected  saels,  capital  spending
budgets  and  plans,  the names and  backgroundes  of key  personnel,  personnel
training and techniques and materials, however documented; and

            (iii) notes, analysis,  compilations,  studies, summaries, and other
material prepared by or for the Corporation  containing or based, in whole or in
part, on any information included in the foregoing.

            (b) For the purposes of this Section 5. "Consultant Invention" shall
mean any idea,  invention,  technique,  modification,  process,  or  improvement
(whether  patentable or not), any industrial  design  (whether  registerable  or
not),  any mask work,  however  fixed or encoded,  that is suitable to be fixed,
embedded or programmed in a semiconductor  product (whether  recordable or not),
and any work of authoriship (whether or not copyright protection may be obtained
for it) created, conceived, or developed by the Consultant,  either solely or in
conjunction with others, during the Consulting Period, or a period that includes
a portion of the Consulting  Period,  that relates in any way to or is useful in
any manner in, the business then being  conducted or proposed to be conducted by
the Corporation,  and any such item created by the Consultant,  either solely or
in conjunction with others, following termination of the Consultant's Consulting
Arrangement  with  the  Corporation,  that is  based  upon or uses  Confidential
Information.

            6. NON-COMPETITION AND NON INTERFERENCE

            6.1 Acknowledgements by the Consultant.  The Consultant acknowledges
that: (a) the

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services to be performed by him under this  Agreement are of a special,  unique,
unusual,  extraordinary,  and  intellectual  character;  (b)  the  Corporation's
business is national  in scope and its  products  are  marketed  throughout  the
United States and worldwide;  (c) the  Corporation  competes with other business
that are or could be located in any part of the United States and worldwide; (d)
teh  provisions  of this Section 6 are  reasonable  and necessary to protect the
Corporation's business.

            6.2  Covenants  of  the   Consultant.   In   consideration   of  the
acknowledgments by the Consultant,  and in consideration of the compensation and
benefits  to be paid or  provided  to the  Consultant  by the  Corporation,  the
Consultant covenants that he MAY, directly or indirectly:

            (a)  during  the  Consulting  Period,  except  in the  course of his
Consulting  Arrangement  hereunder,  and during the  Post-Consulting  Period (as
defined below), engage or invest in, own, manage, operate,  finance, control, or
participate in the ownership,  management,  operation, financing, or control of,
be employed by,  associated  with,  or in any manner  connected  with,  lead the
Consultant's name or any similar name to, lend Consultant's  credit to or render
services or advice to, any  business  whose  products or  activities  compete in
whole or in part with the products or  activities  of the  Corporation  anywhere
within the United States; provided, however, that the Consultant may purchase or
otherwise  acquire  up to (but  not  more  than)  one  percent  of any  class of
securities  or  any  enterprise  (but  without  otherwise  participating  in the
activities of such  enterprise) if such securities are listed on any national or
regional  securities exchange or have been registered under Section 12(g) of the
Securities Exchange Act of 1934;

            (b) whether for the  Consultant's  own account or for the account of
any  other  person,  at any  time  during  the  Consulting  Period  and the Post
Consulting Period, solicit business of the same or similar type being carried on
by the Corporation,  from any person known by the Consultant to be a customer of
the  Corporation,  whether or not the Consultant had personal  contact with such
person during and by reason of the Consultant's  Consulting Arrangement with the
Corporation;

            (c) whether for the  Consultant's  own account or the account of any
other   person  (i)  at  any  time   during  the   Consulting   Period  and  the
Post-Consulting  Period,  solicit,  employ,  or otherwise engage as an employee,
independent  contractor,  or otherwise,  any person who is or was an employee of
the Corporation at any time during the Consulting Period or in any manner induce
or attempt to induce any employee of the Corporation to terminate his Consulting
Arrangement  with the  Corporation;  or (ii) at any time  during the  Consulting
Period  and  for  three  years  thereafter,  interfere  with  the  Corporations'
relationship  with any person,  including  any person who at any time during the
Consulting  Period was an  employee,  contractor,  supplier,  or customer of the
Corporation; or

            (d) at any time during or after the Consulting Period, disparage the
Corporation any of its shareholders, directors, officers, employees, or agents.

            For purposes of this Section 62, the term  "Post-Consulting  Period"
means the one year period

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beginning on the date of terminatin of the Consultant's  Consulting  Arrangement
with the Corporation.

         If any  covenant  in  this  Section  6.2 is  held  to be  unreasonable,
arbitrary or against  public  policy,  such  covenant  will be  considered to be
divisible  with respect to scope,  time,  and  geographic  area, and such lesser
scope,  time,  or  geographic  area,  or all of them,  as a court  of  competent
jurisdiction  may determine to be  reasonable,  not  arbitrary,  and not against
public  policy,  will  be  effective,   binding,   and  enforceable  agains  the
Consultant.  The period of time  applicable  to any covenant in this Section 6.2
will be extended by the  duration of any  violation  by the  Consultant  of such
covenant.

            7. NOTICES. All notices, consents,  waivers, and other communicaions
under this  Agreement  must be in  writing  and will be deemed to have been duly
given when (a) deliered by hand (with written confirmation of receipt), (b) sent
by facsimile  (with written  confirmation  of receipt),  provided that a copy is
mailed by registered mail, return receipt requested, or (c) when received by the
addressee,  if sent  by a  nation-ally  recognized  overnight  delivery  service
(receipt  requrested),  in each case to the appropriate  addresses and facsimile
numbers set forth below (ro a such other  addresses and  facsimile  nunbers as a
party may designation by notice to the other parties):

        If to the Corporation:          Champion Lyte Products, Inc.
                                        2999 NE 191st Street
                                        Penthouse 2
                                        North Miami Beach FL  33164
                                        Attention:               , President
                                        Facsimile No.: (305) 932-3697

        With a copy to:

                                        Facsimile No:

        If to the Consultant:           S.O.S. Resource Services, Inc.
                                        403 East Main Street
                                        Port Jefferson, New York 11777
                                        Attention: S. Russo
                                        Facsimile No.: (631)473-3695

            8. BINDING  EFFECT:  This Agreement  shall extend to, shall issue to
the benefit of and shall be binding upon all the parties  hereto and upon all of
their respective a heirs, successors and representative.

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         9.  ENTIRE   AGREEMENT.   This   Agreement,   including  the  agreement
incorporated  by  reference,  contains  the entire  Agreement  among the parties
hereto within  respect to the matters  contemplated  hereby and  supersedes  all
prior  agreements  and  undertakings  between the parties  with  respect to such
matters.  This Agreement may not be amended,  modified or terminated in whole or
in part, except in writing, executed by each of the parties hereto.

         10.  INDEMNIFICATION.  Consultant  hereby  agrees to hold  harmless and
indemnify  Corporation from and against any and all loss, damage,  expense,  and
cost (including reasonable attorney's fees incurred in connection with the saem)
incurred by  Corporation as a result of  Consultant's  breach of any covenant or
agreement made herein.

         11.  SPECIFIC  PERFORMANCE.   The  Consultant   acknowledges  that  his
obligations hererunder are unique, and that it would be extremely  impracticable
to measure the resulting  damages if he should default in his obligations  under
this Agreement.  Accordingly, in the event of a failure by Consultant to perform
his obligations  hereunder,  which failure constitutes breach hereof by him, the
Corporation  may, in addition to any other  available  rights or remedies sue in
equity for  specific  performance  and, in  connection  with any such suit,  the
Consultant  expressly  waives the defense  therein that the  Corporation  has an
adequate remedy at law.

         12. SEVERABILITY. Should any part of any provision of this Agreement be
declared  invalid  by a  court  of  competent  jurisdiction,  such  decision  or
determination  shall not affect the  validity of any  remaining  portion of such
provisions  or any other  provision  and the  remainder of the  Agreement  shall
remain in full force and effect and shall be  construed  in all  respects  as if
such invalid or  unenforceable  provision or portion  thereof were not conatined
herein.  In the event of a declaration of  invalidity,  the provision or portion
thereof  declared  invalid shall not necessarily be invalidated in its entirety,
but shall be  observed  and  performed  by the parties to the  Agreement  to the
extent such provision is valid and enforceable.

         13. SECTION  HEADINGS.  The section  headings  contained herein are for
convenience  of reference only and shall not be considered any part of the terms
of this Agreement.

         14. CHOICE OF LAW. This Agreement shall be interpreted and performed in
accordance  with  the laws of the  State of New  York,  and the  parties  agree,
notwithstanding  the  principles  of conflicts of law, that the interanl laws of
the State of New York shall  govern and  control the  validity,  interpretation,
performance,  and enforcement of this Agreement. Venue for any action under this
Agreement shall rest in Suffolk County, New York.

         IN WITNESS  WHEREOF,  Consultant  has  hereunto  put his hand,  and the
Corporation  has caused this  instrument to be executed in its corporate name by
its duly authorized officer, all as of the day and year first above written.

        CONSULTANT:                             CORPORATION:

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S.O.S. Resource Services, Inc.                  Champion Lyte Products Inc.

By: /s/ Sal Russo                               By:/s/ David Goldberg
   ----------------------------                    -------------------------
S. Russo, President

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