Document:

UNSECURED
      PROMISSORY NOTE

    

      
        	
                $250,000.00

              	
                Ft.
                  Lauderdale, Florida

              

      

    

    August
      8,
      2008

     

    Purple
      Beverage Company, Inc., a Nevada corporation (“Maker”).
      hereby promises to pay to the order of Chelsea Development International LTD.
      (“Lender”),
      in
      lawful money of the United States of America, the lesser of Two Hundred Fifty
      Thousand Dollars ($250,000.00) or the principal balance outstanding under this
      Unsecured Promissory Note, together with accrued and unpaid interest thereon,
      if
      any, at the rate or rates set forth below (“Balance
      Due”),
      on or
      before thirty (30) days from the date hereof.

     

    The
      unpaid principal amount of this Unsecured Promissory Note shall bear interest
      at
      a rate of 8.0% until the date on which this Unsecured Promissory Note has been
      paid in full. If any interest is determined to be in excess of the then legal
      maximum rate, then that portion of each interest payment representing an amount
      in excess of the then legal maximum rate shall be deemed a payment of principal
      and applied against the principal of the obligations evidenced by this Unsecured
      Promissory Note.

     

    This
      Unsecured Promissory Note may be prepaid in whole or in part at any time,
      without premium or penalty or notice.

     

    This
      Unsecured Promissory Note is being delivered in, is intended to be performed
      in,
      shall be construed and interpreted in accordance with, and be governed by the
      internal laws of, the State of Florida, without regard to principles of conflict
      of laws.

     

    This
      Unsecured Promissory Note may only be amended, modified or terminated by an
      agreement in writing signed by the party to be charged. This Unsecured
      Promissory Note shall be binding upon the successors and assigns of the Maker
      and inure to the benefit of the Lender and his permitted successors. endorsees
      and assigns. This Unsecured Promissory Note shall not be transferred without
      the
      express written consent of Lender, provided that if Lender consents to any
      such
      transfer or if notwithstanding the foregoing such a transfer occurs, then the
      provisions of this Unsecured Promissory Note shall be binding upon any successor
      to Maker and shall inure to the benefit of and be extended to any holder
      thereof.

     

    
      	 	 	 
	 	
              PURPLE
                BEVERAGE COMPANY, INC.

              a
                Nevada corporation

            
	 
 	 
 	 
 
	 	By:  	/s/
              Theodore Farnsworth
	 	
              
Theodore
              Farnsworth,
	 	
              its
                Chief Executive OfficerUNSECURED
      PROMISSORY NOTE

    

    
      	
              $250,000.00

            	
              Ft.
                Lauderdale, Florida

            
	 	
              August
                27, 2008

            

    

    

    Purple
      Beverage Company, Inc., a Nevada corporation (“Maker”),
      hereby promises to pay to the order of Chelsea Development International LTD.
      (‘Lender”),
      in
      lawful money of the United States of America, the lesser of Two Hundred Fifty
      Thousand Dollars ($250,000.00) or the principal balance outstanding under this
      Unsecured Promissory Note, together with accrued and unpaid interest thereon,
      if
      any, at the rate or rates set forth below (‘Balance
      Due”),
      on or
      before thirty (30) days from the date hereof.

     

    The
      unpaid principal amount of this Unsecured Promissory Note shall bear interest
      at
      a rate of 8.0% until the date on which this Unsecured Promissory Note has been
      paid in full. If any interest is determined to be in excess of the then legal
      maximum rate, then that portion of each interest payment representing an amount
      in excess of the then legal maximum rate shall be deemed a payment of principal
      and applied against the principal of the obligations evidenced by this Unsecured
      Promissory Note.

     

    This
      Unsecured Promissory Note may be prepaid in whole or in part at any time,
      without premium or penalty or notice.

     

    This
      Unsecured Promissory Note is being delivered in, is intended to be performed
      in,
      shall be construed and interpreted in accordance with, and be governed by the
      internal laws of, the State of Florida, without regard to principles of conflict
      of laws.

     

    This
      Unsecured Promissory Note may only be amended, modified or terminated by an
      agreement in writing signed by the party to be charged. This Unsecured
      Promissory Note shall be binding upon the successors and assigns of the Maker
      and inure to the benefit of the Lender and his permitted successors, endorsees
      and assigns. This Unsecured Promissory Note shall not be transferred without
      the
      express written consent of Lender, provided that if Lender consents to any
      such
      transfer or if notwithstanding the foregoing such a transfer occurs, then the
      provisions of this Unsecured Promissory Note shall be binding upon any successor
      to Maker and shall inure to the benefit of and be extended to any holder
      thereof.

    

    
      	
              PURPLE
                BEVERAGE COMPANY, INC.

            
	
              a
                Nevada corporation

            
	 	 
	
              By:

            	
              /s/
                Theodore Farnsworth

            
	 	
              Theodore
                Farnsworth 

            
	 	
              its
                Chief Executive OfficerUNSECURED
      PROMISSORY NOTE

    

    
      	
              $100,000.00
                

            	
              Ft.
                Lauderdale, Florida

            
	 	
              August
                22, 2008

            

    

    

    Purple
      Beverage Company, Inc., a Nevada corporation (“Maker”),
      hereby promises to pay to the order of GS Holding LLC, an individual or order
      (“Lender”),
      in
      lawful money of the United States of America, the lesser of One Hundred Thousand
      Dollars ($100,000.00) or the principal balance outstanding under this Unsecured
      Promissory Note, together with accrued and unpaid interest thereon, if any,
      at
      the rate or rates set forth below.

     

    The
      unpaid principal amount of this Unsecured Promissory Note shall bear interest
      at
      a rate of 11% until the date on which this Unsecured Promissory Note has been
      paid in full. If any interest is determined to be in excess of the then legal
      maximum rate, then that portion of each interest payment representing an amount
      in excess of the then legal maximum rate shall be deemed a payment of principal
      and applied against the principal of the obligations evidenced by this Unsecured
      Promissory Note.

     

    This
      Unsecured Promissory Note shall be paid in accordance with the schedule attached
      (Exhibit A) and may be prepaid in whole or in part at any time, without premium
      or penalty or notice.

     

    This
      Unsecured Promissory Note is being delivered in, is intended to be performed
      in.
      shall be construed and interpreted in accordance with, and be governed by the
      internal laws of, the State of Florida. without regard to principles of conflict
      of laws.

     

    This
      Unsecured Promissory Note may only be amended, modified or terminated by an
      agreement in writing signed by the party to be charged. This Unsecured
      Promissory Note shall be binding upon the successors and assigns of the Maker
      and inure to the benefit of the Lender and his permitted successors, endorsees
      and assigns. This Unsecured Promissory Note shall not be transferred without
      the
      express written consent of Lender, provided that if Lender consents to any
      such
      transfer or ii notwithstanding the foregoing such a transfer occurs, then the
      provisions of this Unsecured Promissory’ Note shall be binding upon any
      successor to Maker and shall inure to the benefit of and be extended to any
      holder thereof.

     

    
      	
              PURPLE
                BEVERAGE COMPANY, INC.

            
	
              a
                Nevada corporation

            
	 	 
	
              By:

            	
              /s/
                Theodore Farnsworth

            
	 	
              Theodore
                Farnsworth, Chief Executive
                Officer

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

      Exhibit
        A

      

      Purple
        Beverage Company

      Debt
        Amortization Schedule

      GS
        Holding LLC

      

      
        	
                Inception
                  

              	
                8/22/2008

              
	
                Principal
                  

              	
                $
                  100,000

              
	
                Interest
                  Rate 

              	
                11%

              

      

      

      
        	 	 	
                Payment

              	 	
                Interest

              	 	
                Principal

              	 	
                Balance

              	 
	 	 	 	 	 	 	 	 	 	 
	 	
                8/22/08
                  

              	 	 	 	 	 	 	 	 	 	 	
                $

              	
                100,000

              	 
	 	
                9/22/08

              	 	
                $

              	
                11,000

              	 	 	
                934

              	 	
                $

              	
                10,066

              	 	
                $

              	
                89,934

              	 
	 	
                10/22/08

              	 	
                $

              	
                11,000

              	 	 	
                813

              	 	
                $

              	
                10,187

              	 	
                $

              	
                79,747

              	 
	 	
                11/22/08

              	 	
                $

              	
                11,000

              	 	 	
                745

              	 	
                $

              	
                10,255

              	 	
                $

              	
                69,492

              	 
	 	
                12/22/08

              	 	
                $

              	
                11,000

              	 	 	
                628

              	 	
                $

              	
                10,372

              	 	
                $

              	
                59,121

              	 
	 	
                1/22/09

              	 	
                $

              	
                11,000

              	 	 	
                552

              	 	
                $

              	
                10,448

              	 	
                $

              	
                48,672

              	 
	 	
                2/22/09

              	 	
                $

              	
                11,000

              	 	 	
                455

              	 	
                $

              	
                10,545

              	 	
                $

              	
                38,128

              	 
	 	
                3/22/09

              	 	
                $

              	
                11,000

              	 	 	
                322

              	 	
                $

              	
                10,678

              	 	
                $

              	
                27,449

              	 
	 	
                4/22/09

              	 	
                $

              	
                11,000

              	 	 	
                256

              	 	
                $

              	
                10,744

              	 	
                $

              	
                16,706

              	 
	 	
                5/22/09

              	 	
                $

              	
                11,000

              	 	 	
                151

              	 	
                $

              	
                10,849

              	 	
                $

              	
                5,857

              	 
	 	
                6/22/09

              	 	
                $

              	
                5,912

              	 	 	
                55

              	 	
                $

              	
                5,857

              	 	
                $

              	
                (0

              	
                )

              
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	
                Totals

              	 	
                $

              	
                104,912

              	 	
                $

              	
                4,912

              	 	
                $

              	
                100,000

              	 	
                $

              	
                (0

              	
                )

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00147-of-00352.parquet"}]]