Document:

Exhibit
10.8

AMENDED
AND RESTATED TRADEMARK LICENSE AGREEMENT

This AMENDED AND
RESTATED TRADEMARK LICENSE AGREEMENT (“Agreement”) is effective as of the 4thth day of May, 2007 (“Effective Date”) among
Kohlberg Kravis Roberts & Co. L.P. (the “Licensor”), KKR Financial
Corp., a corporation organized under the laws of the State of Maryland (“KKR
Financial Corp.”) and KKR Financial Holdings LLC, a limited liability company
organized under the laws of the State of Delaware (“Licensee”).

WHEREAS, Licensor
is the owner of the service mark, corporate and trade name “KKR” (the “Mark”);

WHEREAS, Licensee
is a specialty finance company recently organized pursuant to a merger whereby
KKR Financial Corp. became a subsidiary of Licensee;

WHEREAS, following
the merger, Licensee and its subsidiaries will carry on the activities of KKR
Financial Corp. (the “Licensee Business”), which are currently conducted using
the Mark;

WHEREAS, pursuant
to that certain amended and restated management agreement dated as of
[•], 2007 between Licensee and KKR Financial Advisors LLC (the “Management
Agreement”), Licensee has engaged KKR Financial Advisors LLC, an affiliate of
Licensor, to act as its manager (in such capacity, the “Manager”);

 WHEREAS,
Licensee desires to use the Mark in connection with the operation of the
Licensee Business, and Licensor is willing to permit Licensee’s Subsidiaries
(as defined herein) to use the Mark, subject to the terms and conditions
herein; and

WHEREAS, Licensor,
KKR Financial Corp. and Licensee desire to amend and restate that certain
license agreement entered into on August 12, 2004 by Licensor and KKR Financial
Corp. (the “Original Agreement”).

NOW, THEREFORE, in
consideration of the premises and the mutual promises and covenants contained
herein and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, the parties agree as follows:

Article 1. Amendment and Restatement.  This Agreement amends and restates the
Original Agreement in its entirety.  From and after the Effective Date, this Agreement
shall supersede the Original Agreement in its entirety, it being understood
that, as to all matters arising before the Effective Date, the Original
Agreement continues to govern and control.

Article 2. Grant of Rights.  Subject to the terms and conditions
herein, Licensor hereby grants to Licensee a paid-up, royalty-free,
non-exclusive, non-transferable, non-sublicensable (except to the Subsidiaries)
license for Licensee and the Subsidiaries to use the Mark during the Term of
this Agreement in connection with the Licensee Business (including as part of
their respective names) in any jurisdiction in which Licensee or any of the
Subsidiaries are conducting any Licensee Business in accordance with Article 4.  If at any time hereafter an entity that
constitutes a Subsidiary ceases to fall within the definition thereof, the
license shall terminate, automatically and without notice, as to such former
Subsidiary, but shall remain in full force and effect as to Licensee and all
other Subsidiaries.  This license does
not include the right for Licensee or the Subsidiaries to (w) use the Mark
standing alone, (x) use any variation, derivative or stylization of the Mark or
the Company Names, (y) sublicense to any party other than the Subsidiaries, or
(z) use the Mark in connection or combination with any other name, term or logo
(either of its own or a third party) other than the Company
Names.  All rights not expressly granted to Licensee in this Article
2 are reserved to Licensor.

Section 2.1.  For purposes hereof, “Company Names” shall
mean the legal names and trade names of KKR Financial Corp., Licensee and the
various Subsidiaries.  Each such legal
name or trade name must use the Mark immediately preceding “Financial”.

Section 2.2. For purposes hereof, “Subsidiary” shall mean an
entity which, directly or indirectly, is owned or is controlled by
Licensee.  As used herein, “control”
means the power to direct the management or affairs of an entity, and “ownership”
means the beneficial ownership of fifty percent (50%) or more of the voting
equity securities or other equivalent voting interests of the entity.

Section 2.3. Licensee
shall cause the Subsidiaries to comply with all of the duties and obligations
herein which apply to Licensee and shall be directly liable hereunder for any
breach by any of them.

Article 3. Ownership.  Licensee agrees that, as between the parties, Licensor is the sole owner of the
Mark.  Licensee agrees not to directly or indirectly challenge or contest
the validity of, or Licensor’s rights in the Mark (and the associated
goodwill), including without limitation, arising out of or relating to any
third-party claim, allegation, action, demand, proceeding or suit (“Action”)
regarding enforcement of this Agreement or involving any third party.  The
parties intend that any and all goodwill in the Mark arising from Licensee’s or
the Subsidiaries’ use of the Company Names shall inure solely to the benefit of
Licensor.  Notwithstanding the foregoing, in the event that Licensee or a
Subsidiary is deemed to own any rights in the Mark (or the Mark portion of a
Company Name), Licensee hereby assigns (or shall cause the Subsidiary to
assign) such rights to Licensor together with all goodwill associated
therewith.

Article 4. Use of the Mark.

Section 4.1. Licensee
shall maintain and preserve the quality of the Mark, and use, and cause the
Subsidiaries to use, the Company Names in good faith and in a dignified manner,
in a manner consistent with Licensor’s high standards of and reputation for
quality, and in accordance with good trademark practice wherever the Mark or
any Company Name is used.  Licensee shall not take any action that could
reasonably be expected to be detrimental to the Mark, each Company Name or
their associated goodwill.  If Licensor decides in its sole discretion to
register the Mark or a Company Name, Licensee agrees to affix all such
trademark notices as may be requested by Licensor or required under applicable
laws.

Section 4.2. Upon
request by Licensor, Licensee shall furnish to Licensor representative samples
of all advertising and promotional materials in any media that use any Company
Name.  Licensee shall make any changes to such materials that Licensor
requests to comply with Section 4.1, or preserve the validity of Licensor’s
rights in the Mark.

Section 4.3. Licensee
shall, at its sole expense, comply at all times with all applicable laws,
regulations, exchange and other rules and reputable industry practice
pertaining to the Licensee Business, the use of the Mark and the Company Names.

Article 5. Termination.

Section 5.1. The
term of this Agreement (“Term”) commences on the Effective Date and continues in
perpetuity, unless termination occurs pursuant to the other provisions of this Article
5.

Section 5.2. If
Licensee materially breaches one or more of its obligations hereunder, Licensor
may terminate this Agreement, effective upon written notice, if Licensee does
not cure such breach within 30 days written notice thereof (or any
mutually-agreed extension).  If Licensor materially breaches one or more
of its obligations hereunder, Licensee may terminate this Agreement, effective
upon written notice, if Licensor does not cure such breach within 30 days
written notice thereof (or any mutually-agreed extensions).  Licensor may terminate this Agreement
immediately, effective upon written notice, if Licensee violates Article 8.

Section 5.3. This
Agreement shall terminate immediately if an affiliate of Licensor is no longer
acting as Manager to Licensee under the Management Agreement or a similar
agreement.

Section 5.4. Licensor
has the right to terminate this Agreement immediately upon written notice to
Licensee if (i) Licensee makes an assignment for the benefit of creditors;
(ii) Licensee admits in writing its inability to pay debts as they mature;
(iii) a trustee or receiver is appointed for a substantial part of
Licensee’s assets and

 2
 

(iv) to the extent
termination is enforceable under local law, a proceeding in bankruptcy is
instituted against Licensee which is acquiesced in, is not dismissed within 120
days, or results in an adjudication of bankruptcy.

Section 5.5. If an
event described in Section 5.4 occurs, Licensor shall have the right, in
addition to its other rights and remedies, to suspend Licensee’s rights
regarding the Company Names while Licensee attempts to remedy the situation.

Section 5.6. Upon
termination of this Agreement for any reason, (i) Licensee shall
immediately cease, and shall cause the Subsidiaries to cease, all use of the
Mark, including all Company Names; (ii) the parties shall cooperate so as
to best preserve the value of the Mark and each Company Name; and
(iii) Sections 7.2, 7.3, 7.4, 7.5, 7.6 and Article 9 shall survive any
such event.

Article 6. Infringement.  Licensee shall notify Licensor promptly
after it becomes aware of any actual or threatened infringement, imitation,
dilution, misappropriation or other unauthorized use or conduct in derogation (“Infringement”)
of the Mark.  Licensor shall have the sole right to bring any Action to
remedy the foregoing, and Licensee shall cooperate with Licensor in same, at
Licensor’s expense.

Article 7. Representations and Warranties.

Section 7.1. Each
party represents and warrants to the other party that:

(a) This Agreement is a legal, valid and binding
obligation of the warranting party, enforceable against such party in
accordance with its terms, subject to the effect of any applicable bankruptcy,
insolvency, reorganization, moratorium or similar laws affecting creditors’
rights and remedies generally, and subject, as to enforceability, to the effect
of general principles of equity (regardless of whether enforcement is
considered in a proceeding at law or in equity);

(b) The warranting party is not subject to any
judgment, order, injunction, decree or award of any court, administrative
agency or governmental body that would or might interfere with its performance
of any of its material obligations hereunder; and

(c) The warranting party has full power and authority
to enter into and perform its obligations under this Agreement in accordance
with its terms.

Section 7.2. EXCEPT
AS EXPRESSLY SET FORTH IN SECTION 7.1, LICENSOR MAKES NO REPRESENTATIONS OR
WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO THIS AGREEMENT, THE MARK OR THE
COMPANY NAMES, AND EXPRESSLY DISCLAIMS ALL SUCH REPRESENTATIONS AND WARRANTIES,
INCLUDING ANY WITH RESPECT TO TITLE, NON-INFRINGEMENT, MERCHANTABILITY, VALUE,
RELIABILITY OR FITNESS FOR USE.  LICENSEE’S USE OF THE MARK AND THE
COMPANY NAMES IS ON AN “AS IS” BASIS AND IS AT ITS OWN RISK (I) OUTSIDE THE
UNITED STATES AND (II) EXCEPT AS EXPRESSLY SET FORTH HEREIN, WITHIN THE UNITED
STATES.

Section 7.3. Licensor
will defend at its expense, indemnify and hold harmless Licensee, the
Subsidiaries and the affiliates of each and their respective directors,
officers, employees, agents and representatives (“Related Parties”) from any
loss, liability, damage, award, settlement, judgment, fee, cost or expense
(including reasonable attorneys’ fees and costs of suit) (“Losses”) arising out
of or relating to (i) any breach by Licensor of this Agreement or its
warranties, representations, covenants and undertakings hereunder; or
(ii) any third-party Action against any of them that arises out of or
relates to any claim that Licensee’s or a Subsidiary’s use of the Mark as
expressly authorized hereunder infringes the rights of a third party within the
United States.

Section 7.4. Except
to the extent that Licensor has agreed to indemnify Licensee under Section 7.3,
Licensee will defend at its expense, indemnify and hold harmless Licensor and
its affiliates and their respective Related Parties from any Losses arising out
of or relating to any third-party Action against any of them that arises out of
or relates to (i) any breach by Licensee of this Agreement or its
warranties, representations, covenants and

 3
 

undertakings hereunder;
(ii) Licensee’s operation of its business; or (iii) any claim that Licensee’s
use of the Mark, other than as explicitly authorized by this Agreement,
infringes the rights of a third party anywhere in the world.

Section 7.5. The
indemnified party will promptly notify the indemnifying party in writing of any
indemnifiable claim and promptly tender its defense to the indemnifying
party.  Any delay in such notice will not relieve the indemnifying party
from its obligations to the extent it is not prejudiced thereby.  The
indemnified party will cooperate with the indemnifying party at the
indemnifying party’s expense.  The indemnifying party may not settle any
indemnified claim in a manner that adversely affects the indemnified party
without its consent (which shall not be unreasonably withheld or
delayed).  The indemnified party may participate in its defense with
counsel of its own choice at its own expense.

Section 7.6. EXCEPT
WITH RESPECT TO A PARTY’S INDEMNIFICATION OBLIGATIONS HEREUNDER, NEITHER PARTY
WILL BE LIABLE TO THE OTHER PARTY FOR SPECIAL, INDIRECT, CONSEQUENTIAL, EXEMPLARY,
PUNITIVE OR INCIDENTAL DAMAGES (INCLUDING LOST PROFITS OR GOODWILL, BUSINESS
INTERRUPTION AND THE LIKE) RELATING TO THIS AGREEMENT, EVEN IF IT HAS BEEN
ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Article 8. Assignments.  Licensee may not assign, transfer,
sublicense, pledge, mortgage or otherwise encumber this Agreement or its right
to use the Mark, in whole or in part, without the prior written consent of
Licensor in its sole discretion.  For the avoidance of doubt, a merger,
change of control, reorganization or sale of all or substantially all of the
stock of Licensee shall be deemed an “assignment” requiring such consent,
regardless of whether Licensee is the surviving entity.  Licensee
acknowledges that its identity is a material condition that induced Licensor to
enter into this Agreement.  Any attempted action in violation of the
foregoing shall be null and void ab initio and of no force or effect, and shall
result in immediate termination of this Agreement.

Article 9. Miscellaneous.

Section 9.1. All
notices hereunder shall be in writing and hand delivered or mailed by
registered or certified mail (return receipt requested) or nationally
recognized overnight courier service or facsimile with delivery confirmed to
the following addresses (or at such other addresses as shall be specified by
like notice) and will be deemed given on the date received:

LICENSOR:

Kohlberg Kravis
Roberts & Co. L.P.

9 West 57th Street

New York, NY 10019

Attention: William J.
Janetschek

Facsimile:  (212) 750-0003

LICENSEE:

KKR Financial Holdings
LLC

555 California Street, 50th Floor

San Francisco, CA 94104

Attention: Saturnino S.
Fanlo

Facsimile:  (415) 315-3620

Section
9.2. Further Assurances. 
Licensor and Licensee agree to execute such further documentation and perform such
further actions, including the recordation of such documentation with
appropriate authorities, as may be reasonably requested by the other party
hereto to evidence and effectuate further the purposes and intents set forth in
this Agreement.

 4
 

Section 9.3.
Entire Agreement/Construction. 
This Agreement shall constitute the entire agreement between the parties with
respect to the subject matter hereof and shall supersede all previous
negotiations, commitments and writings with respect to such subject matter.

Section
9.4. Amendments.  This
Agreement, including this provision of this Agreement, may not be modified or
amended except by an agreement in writing signed by each of the parties hereto.

Section
9.5. Cumulative Rights; Waiver. 
All rights and remedies which Licensor or Licensee may have hereunder or by
operation of law are cumulative, and the pursuit of one right or remedy shall
not be deemed an election to waive or renounce any other right or remedy. 
The failure of either Licensor or Licensee to require strict performance by the
other party of any provision in this Agreement will not waive or diminish that
party’s right to demand strict performance thereafter of that or any other
provision hereof.

Section
9.6. Severability. 
The parties agree that each provision of this Agreement shall be construed as
separable and divisible from every other provision.  The unenforceability
of any one provision shall not limit the enforceability, in whole or in part,
of any other provision hereof.  If any term or provision of this Agreement
(or the application thereof to any party or set of circumstances) shall be held
invalid or unenforceable in any jurisdiction and to any extent, it shall be
ineffective only to the extent of such invalidity or unenforceability and shall
not invalidate or render unenforceable any other terms or provisions of this
Agreement (or such applicability thereof).  In such event, the parties
shall negotiate in good faith a valid, enforceable, applicable substitute
provision that attempts as closely as possible to achieve the intended purpose
of the previous term or provision and has an effect as comparable as possible
on the parties’ respective positions.

Section
9.7. Governing Law/Jurisdiction. 
This Agreement shall be governed by and construed in accordance with the laws
of the State of New York applicable to contracts made and to be performed
entirely in the State of New York.  The parties agree, for the purposes of
any action arising out of or related to this Agreement, to commence any such action
solely in the state or federal courts located in the State of New York, Borough
of Manhattan.

Section
9.8. Construction. 
Titles and headings to sections herein are inserted for the convenience of
reference only and are not intended to be a part of or to affect the meaning or
interpretation of this Agreement.  This Agreement shall be construed as if
drafted jointly by the parties.

Section
9.9. Separate Counterparts. 
This Agreement may be executed in one or more counterparts, all of which shall
be considered one and the same agreement, and shall become effective when one
or more such counterparts have been signed by each of the parties and delivered
to the other parties.  Delivery of an executed signature page of this
Agreement by facsimile transmission shall be effective as delivery of a
manually executed counterpart hereof.

 5
 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement, effective as
of the date first above written.

	
   

  	
  KOHLBERG KRAVIS ROBERTS & CO. L.P.

  
	
   

  	
   

  
	
   

  	
  By:

  	
  KKR & Co. L.L.C., its general partner

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ Scott C. Nuttall

  	
   

  
	
   

  	
   

  	
  Name:

  	
  Scott C. Nuttall

  
	
   

  	
   

  	
  Title:

  	
  Member

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  KKR FINANCIAL CORP.

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ David A. Netjes

  	
   

  
	
   

  	
   

  	
  Name:

  	
  David A. Netjes

  
	
   

  	
   

  	
  Title:

  	
  Chief Operating Officer

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
  KKR FINANCIAL HOLDINGS LLC

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
   /s/ David A.
  Netjes

  	
   

  
	
   

  	
   

  	
  Name:

  	
  David A. Netjes

  
	
   

  	
   

  	
  Title:

  	
  Chief Operating Officer

  

 

 6Fee Amount

    EXHIBIT
      4

    

    RAVEN
      MOON ENTERTAINMENT, INC.

    

    2007
      EQUITY COMPENSATION PLAN AMENDMENT
      2

     

    May 2,
      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: May 2, 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-

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