Document:

<PAGE>

                                                                  EXHIBIT 10.11

                  THIS NOTE AND THE SECURITIES ISSUABLE UPON THE CONVERSION
HEREOF HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT FOR DISTRIBUTION, AND HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THEY MAY NOT BE
SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED, OR OTHERWISE TRANSFERRED IN THE
ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT THERETO UNDER SUCH
ACT UNLESS SOLD PURSUANT TO RULE 144 OF THAT ACT OR UNLESS THE SALE, PLEDGE,
HYPOTHECATION OR TRANSFER IS OTHERWISE EXEMPT FROM REGISTRATION. THE COMPANY MAY
REQUEST A WRITTEN OPINION OF COUNSEL (FROM COUNSEL ACCEPTABLE TO THE COMPANY)
SATISFACTORY TO THE COMPANY, TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED IN
CONNECTION WITH SUCH SALE, PLEDGE OR HYPOTHECATION, OR OTHER TRANSFER. THIS NOTE
OR ANY SECURITY ISSUABLE UPON THE CONVERSION HEREOF MUST BE SURRENDERED TO THE
COMPANY OR ITS TRANSFER AGENT AS A CONDITION PRECEDENT TO THE SALE, PLEDGE,
HYPOTHECATION OR ANY OTHER TRANSFER OF ANY INTEREST IN THIS NOTE OR ANY SUCH
SECURITY.

                        Raptor Networks Technology, Inc.
                             CONVERTIBLE BRIDGE NOTE

$__________                                             __________________, 2005

                                                        Due on Demand only after

                                 August 31, 2005

                  For value received, Raptor Networks Technology, Inc., a
Colorado corporation (the "Company"), hereby promises to pay, on demand, to the
order of ____________________________, an ____________ (the "Holder"), the
principal sum of __________________________________ and no/100ths Dollars
($_________). This Note is one of several Convertible Bridge Notes (the, "Bridge
Notes"), issued by the Company up to an aggregate principal amount of $2,200,000
and ranks PARI PASSU with each of such Bridge Notes and any debt instruments
issued while such Bridge Notes remain outstanding.

         1. CONVERSION OF PRINCIPAL AND INTEREST INTO QUALIFIED FINANCING. The
outstanding principal amount of this Note, together with all accrued but unpaid
interest hereunder (the "Outstanding Balance"), shall automatically convert into
shares issued in an equity or equity based financing with gross proceeds of at
least $4,000,000 (the "Closing"), if any, of the sale of the Company's
Convertible Debentures, Series A Preferred Stock , or common stock at a price
per share not to exceed $.50 per share (a "Qualified Financing") to investors;
PROVIDED, HOWEVER, that for purposes of determining the number of Shares and
Warrants to be received by the Holder upon such conversion, the Holder shall be
deemed to have tendered 120% of the Outstanding Balance of the Bridge Note as
payment of the purchase price of the Qualified Financing. In consideration for
the loan evidenced by this Note, the Holder of this Note shall also be issued
Bridge Warrants in the form attached as EXHIBIT A for the issuance of 60,000
shares of common stock of the Company at an exercise of $.60 per $100,000 of
Bridge Note principle amount.

         2. PAYMENT OF INTEREST AND PRINCIPAL. This Note will bear interest at a
rate of 10% per annum. Accrued interest on this Note shall be due and payable
upon conversion or maturity

         3. PREPAYMENTS. The Company may prepay all or any part of the principal
balance of this Note in cash at any time, without penalty or premium, prior to
maturity, subject to the bridge lender's right convert into the Qualified
Financing. All payments made on account of the indebtedness evidenced by this
Note shall be applied first to accrued but unpaid interest, if any, and the
remainder shall be applied to principal. All computations of interest hereunder
shall be made on the basis of a year consisting of 365/366 days for the actual
number of days elapsed, counting the day of disbursement and not counting the
day of payment.

<PAGE>

         4. NONPAYMENT OF PRINCIPAL OR INTEREST. Any and all amounts of
principal and interest hereunder if not paid when due shall accrue interest at
the rate of 18% per annum or the maximum amount permitted under applicable law,
whichever is lower. If the Company fails to pay any amount of principal or
interest hereunder when due, the Company agrees to pay the Holder's costs of
collection, including the Holder's attorney's fees and expenses, whether or not
any court proceeding is instituted in connection with such collection.

         5. MISCELLANEOUS. This instrument and the rights and obligations of all
persons hereunder shall be governed by the laws of the State of Florida
applicable to contracts made and to be performed in that state. The Company
hereby waives demand, presentment for payment, notice of dishonor, protest and
notice of protest and nonpayment. Any failure of the Holder to exercise any
right available hereunder or otherwise shall not be construed as a waiver of the
right to exercise the same or any other right at any other time. No waiver by
the Holder of any default shall be effective unless made in writing nor operate
as a waiver of any other future default. All rights and remedies of the Holder,
whether provided for herein, in any other written document or conferred by law,
are cumulative and concurrent and the exercise of any one or more of them shall
not preclude the simultaneous or later exercise by the Holder of any or all
other rights, powers or remedies. The Company hereby irrevocably authorizes any
attorney of any court of record to appear for the Company in such court at any
time after any amount under this Note becomes due, whether by acceleration or
otherwise, and confess a judgment without process in favor of the Holder or any
other holder of this Note for the amount then due hereon, together with costs of
collection, including the Holder's attorney's fees and expenses, and to release
and waive all errors that may intervene and consent to immediate execution upon
such judgment, hereby ratifying and confirming all that said attorney may do by
virtue hereof. If any part of this Note shall be adjudicated invalid or
unenforceable, then such partial invalidity or unenforceability shall not cause
the remainder of this Note to become invalid or unenforceable, and if any
provision hereof is held invalid or unenforceable in one or more of its
applications, the Company agrees that said provision shall remain in effect in
all valid and enforceable applications.

         6. NOTICES. All notices and other communications provided for hereunder
shall be in writing and delivered, mailed or transmitted by any standard form of
telecommunication. Notices and other communications to the Holder shall be
directed to it at its address noted on the Company's records; and notices and
other communications to the Company shall be directed to it at its address at
1241 E. Dyer Road, Suite 150, Santa Ana CA 92705 or, as to each party, at such
other address as shall be designated by such party in a written notice to the
other party pursuant hereto. Any notice or other communication shall be deemed
to have been duly given (a) when sent by Federal Express or other overnight
delivery service of recognized standing, on the business day following deposit
with such service; (b) when mailed by registered or certified mail, first class
postage prepaid and addressed as aforesaid through the United States Postal
Service, upon receipt; (c) when delivered by hand, upon delivery; and (d) when
telecopied, upon confirmation of receipt. Any party hereto may by notice so
given change its address for future notice hereunder.

                  IN WITNESS WHEREOF, the Company has caused this Note to be
executed by its duly authorized officer as of this _____ day of _______________,
2005.

                                         By: __________________________________
                                             Name:  Tom Wittenschlaeger
                                             Title: President & CEO

                                      -2-<PAGE>

                                                                  EXHIBIT 10.12

THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER
THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"), OR THE SECURITIES LAWS OF NY
STATE, AND MAY NOT BE OFFERED, SOLD TRANSFERRED, PLEDGED, HYPOTHECATED OR
OTHERWISE DISPOSED OF EXCEPT PURSUANT TO (i) AN EFFECTIVE REGISTRATION STATEMENT
UNDER THE ACT AND ANY APPLICABLE STATE LAWS, (ii) TO THE EXTENT APPLICABLE, RULE
144 UNDER THE ACT (OR ANY SIMILAR RULE UNDER THE ACT RELATING TO THE DISPOSITION
OF SECURITIES), OR (iii) AN OPINION OF COUNSEL, IF SUCH OPINION SHALL BE
REASONABLY SATISFACTORY TO COUNSEL TO THE ISSUER, THAT AN EXEMPTION FROM
REGISTRATION UNDER THE ACT AND APPLICABLE STATE LAW IS AVAILABLE.

            RAPTOR NETWORKS TECHNOLOGY, INC., A COLORADO CORPORATION
                               8% CONVERTIBLE NOTE

$50,000                                                            _______, 2005

         FOR VALUE RECEIVED, the undersigned, Raptor Networks Technology, Inc.,
a Colorado corporation (the "Company"), hereby promises to pay to the order of
____________________________________________________________________________, or
their assigns (collectively, the "Noteholder"), in lawful money of the United
States of America, and in immediately payable funds, the principal sum of
$50,000. The principal hereof and any unpaid accrued interest thereon shall be
due and payable on the date which is 18 months from the date of this Note (the
"Maturity Date"). Payment of all amounts due hereunder shall be made at the
address of the Noteholder provided for in the Subscription Agreement. The
Company further promises to pay interest at the rate of 8% per annum on the
outstanding principal balance hereof, such interest to be payable upon the
Maturity Date (prorated for any partial month).

This Note is part of an offering of up to $600,000 of Notes of the Company (the
"Notes"), issuable at $50,000 per Note. The Notes have been issued pursuant to a
Subscription Agreement of even date herewith between the Company and the holders
of the Notes (the "Subscription Agreement"), which contains representations and
warranties and additional covenants of the Company with respect to the Notes.
Capitalized terms not otherwise defined herein shall have the meaning set forth
in the Subscription Agreement. THE PROVISIONS OF THE SUBSCRIPTION AGREEMENT ARE
INCORPORATED HEREIN BY REFERENCE.

         1.       PREPAYMENT. This Note may be prepaid, in whole or in part,
                  without the prior written consent of the Noteholder.

         2.       CONVERSION. The outstanding principal amount of this Note,
                  together with all accrued but unpaid interest hereunder (the
                  "OUTSTANDING BALANCE"), shall automatically convert into
                  shares issued in a PIPE financing with gross proceeds of at
                  least $3,000,000, inclusive of the proceeds from converted
                  bridge notes secured by Brookstreet Securities Corporation
                  (the "QUALIFIED Financing"), if any; provided, however, that
                  for purposes of determining the number of shares to be
                  received by Noteholder upon such conversion, the Noteholder
                  shall be deemed to have tendered 125% of the Outstanding
                  Balance as payment of the purchase price of the Qualified
                  Financing.

         3.       DEFAULT. The occurrence of any one of the following events
                  shall constitute an Event of Default:

                                    (a) The non-payment, when due, of any
                  principal or interest pursuant to this Note;

<PAGE>

                                    (b) The material breach of any
                  representation or warranty in this Note or in the Subscription
                  Agreement. In the event the Noteholder becomes aware of a
                  breach of this Section 3(b), the Noteholder shall notify the
                  Company in writing of such breach and the Company shall have
                  10 days notice to effect a cure of such breach;

                                    (c) The material breach of any covenant or
                  undertaking in this Note or in the Subscription Agreement, not
                  otherwise provided for in this Section 3. In the event the
                  Noteholder becomes aware of a breach of this Section 3(c), the
                  Noteholder shall notify the Company in writing of such breach
                  and the Company shall have 10 days notice to effect a cure of
                  such breach;

                                    (d) A default shall occur in the payment
                  when due (subject to any applicable grace period), whether by
                  acceleration or otherwise, of any indebtedness of the Company
                  or an event of default or similar event shall occur with
                  respect to such indebtedness, if the effect of such default or
                  event (subject to any required notice and any applicable grace
                  period) would be to accelerate the maturity of any such
                  indebtedness or to permit the holder or holders of such
                  indebtedness to cause such indebtedness to become due and
                  payable prior to its express maturity;

                                    (e) The commencement by the Company of any
                  voluntary proceeding under any bankruptcy, reorganization,
                  arrangement, insolvency, readjustment or debt, receivership,
                  dissolution, or liquidation law or statute or any
                  jurisdiction, whether now or hereafter in effect; or the
                  adjudication of the Company as insolvent or bankrupt by a
                  decree of a court of competent jurisdiction; or the petition
                  or application by the Company for, acquiescence in, or consent
                  by the Company to, the appointment of any receiver or trustee
                  for the Company or for all or a substantial part of the
                  property of the Company; or the assignment by the Company for
                  the benefit of creditors; or the written admission of the
                  Company of its inability to pay its debts as they mature; or

                                    (f) The commencement against the Company of
                  any proceeding relating to the Company under any bankruptcy,
                  reorganization, arrangement, insolvency, adjustment of debt,
                  receivership, dissolution or liquidation law or statute or any
                  jurisdiction, whether now or hereafter in effect, provided,
                  however, that the commencement of such a proceeding shall not
                  constitute an Event of Default unless the Company consents to
                  the same or admits in writing the material allegations of
                  same, or said proceeding shall remain undismissed for 30 days;
                  or the issuance of any order, judgment or decree for the
                  appointment of a receiver or trustee for the Company or for
                  all or a substantial part of the property of the Company,
                  which order, judgment or decree remains undismissed for 30
                  days; or a warrant of attachment, execution, or similar
                  process shall be issued against any substantial part of the
                  property of the Company.

                  Upon the occurrence of any Event of Default, the Noteholder
                  may, by written notice to the Company, declare all or any
                  portion of the unpaid principal amount due to Noteholder,
                  together with all accrued interest thereon, immediately due
                  and payable.

         4.       NOTICES. Notices to be given hereunder shall be in writing and
                  shall be deemed to have been sufficiently given if delivered
                  personally or sent by overnight courier or messenger or sent
                  by registered or certified mail (air mail if overseas), return
                  receipt requested, or by telex, facsimile transmission,

                                       2

<PAGE>

                  telegram or similar means of communication. Notice shall be
                  deemed to have been received on the date of personal delivery,
                  telex, facsimile transmission, telegram or similar means of
                  communication, or if sent by overnight courier or messenger,
                  shall be deemed to have been received on the next delivery day
                  after deposit with the courier or messenger, or if sent by
                  certified or registered mail, return receipt requested, shall
                  be deemed to have been received on the third business day
                  after the date of mailing. The address of the Company is set
                  forth in the Subscription Agreement and the Company shall give
                  written notice of any change of address to the Noteholder. The
                  address of the Noteholder is as set forth in Subscription
                  Agreement, and the Noteholder shall give written notice of any
                  change of address to the Company.

         5.       CONSENT TO JURISDICTION AND SERVICE OF PROCESS. The Company
                  consents to the jurisdiction of any court of the State of
                  California and of any federal court located in California. The
                  Company waives personal service of any summons, complaint or
                  other process in connection with any such action or proceeding
                  and agrees that service thereof may be made, as the Noteholder
                  may elect, by certified mail directed to the Company, or, in
                  the alternative, in any other form or manner permitted by law.
                  Orange County, California shall be proper venue.

         6.       GOVERNING LAW. This Note shall be governed by and construed
                  and interpreted in accordance with the laws of the state of
                  California applicable to contracts made and to be performed
                  entirely therein, without giving effect to the rules and
                  conflicts of law.

         7.       ATTORNEYS FEES. In the event the Holders or any assignee
                  thereof shall refer this Note to an attorney for collection,
                  the Company agrees to pay all the costs and expenses incurred
                  in attempting or effecting collection hereunder, including
                  reasonable attorney's fees, whether or not suit is instituted.

         8.       CONFORMITY WITH LAW. It is the intention of the Company and of
                  the Noteholder to conform strictly to applicable usury and
                  similar laws. Accordingly, notwithstanding anything to the
                  contrary in this Note, it is agreed that the aggregate of all
                  charges which constitute interest under applicable usury and
                  similar laws that are contract for, chargeable or receivable
                  under or in respect of this Note, shall under no circumstances
                  exceed the maximum amount of interest permitted by such laws,
                  and any excess, whether occasioned by acceleration or maturity
                  of this Note or otherwise, shall be canceled automatically,
                  and if theretofore paid, shall be either refunded to the
                  Company or credited on the principal amount of this Note.

         9.       NOTICE OF RIGHT TO COUNSEL.

         The Parties hereto agree and acknowledge that Oswald & Yap, APC (the
"Firm") drafted this Agreement and does not represent the Investor(s). All
Parties to this Agreement have been given the opportunity to consult with
counsel of their choice regarding their rights under this Agreement.

                            [SIGNATURE PAGE FOLLOWS]

                                       3

<PAGE>

         IN WITNESS WHEREOF, the Company has signed and sealed this Note and
delivered it in the State of California as of __________________________, 2005.

                                            COMPANY:

                                            Raptor Networks Technology, Inc.
                                            a Colorado corporation

                                            ___________________________________
                                            By:________________________________
                                            Its:_______________________________

                                            INVESTOR:

                                            ___________________________________
                                            By:________________________________

                                            JOINTLY WITH:

                                            ___________________________________
                                            By:________________________________

                                       4

<PAGE>

                          [FORM OF ELECTION TO CONVERT]

         The undersigned, the holders of the attached Note, hereby irrevocably
elects to exercise their right to convert $_____________ of the Note into shares
of common stock of Raptor Networks Technology, a Colorado corporation, and
requests that the certificates for such securities be issued in the name of, and
delivered to, __________________________________, whose address is
______________________________________________________________.

Dated:__________________________    Signature

                                    ____________________________________________
                                    (Signature must conform in all respects to
                                    name of Noteholder as specified in the Note)

                                    ____________________________________________
                                    (Insert Social Security or Federal Tax I.D.
                                    Number of Holder)

                                    IF NOTE IS HELD JOINTLY, BOTH PARTIES MUST
                                    SIGN:

                                    ____________________________________________
                                    (Signature must conform in all respects to
                                    name of Noteholder as specified in the Note)

                                    ____________________________________________
                                    (Insert Social Security or Federal Tax I.D.

Number of Joint Holder)

                                       5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00083-of-00352.parquet"}]]