Document:

WAIVER
        AND CONSENT

      

      Waiver
        and Consent Agreement made this 8th day of January, 2008 (“Waiver”) among
        Attitude Drinks Inc., a Delaware corporation (the “Company”), and the signators
        hereto who are Subscribers under certain Subscription Agreements with the
        Company dated October 23, 2007 (collectively “Subscription
        Agreements”).

      

      WHEREAS,
        the Company is contemplating an additional investment of an aggregate of
        up to
        $430,000 Purchase Price (“Additional Financing”) of promissory Notes of the
        Company.

      

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

      

      1.
 
        All capitalized terms herein shall have the meanings ascribed to them in
        the
        Transaction Documents (as defined in the Subscription Agreements).

      

      2.
 
        The undersigned consent to the Additional Financing and to the amendment
        of all
        Schedules, Exhibits and documents including but not limited to the Security
        Agreement, and Guaranty to include the Additional Financing and authorize
        the
        Collateral Agent to make additional filings at the discretion of the Collateral
        Agent to memorialize the security interest to be granted, pari pasu among
        Subscribers and the Additional Financing.

      

      3.
 
        The undersigned waive the rights granted to them pursuant to Sections 12(a)
        and
        (b), Right of First Refusal and Favored Nation Provision, of the Subscription
        Agreement, only to the extent such rights relate to the Additional
        Financing.

      

      4.
 
        Annexed hereto is Amended Schedule A to the Security Agreement, Guaranty
        and
        Collateral Agent Agreement which includes the Additional Financing.

      

      5.
 
        All other terms of the Transaction Documents shall remain unamended and in
        full
        force and effect.

      

      [THIS
        SPACE INTENTIONALLY LEFT BLANK]

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      IN
        WITNESS WHEREOF, the undersigned have executed and delivered this Waiver
        as of
        the date first written above.

      

      
        	
                "COMPANY"

              	
                "THE
                  COLLATERAL AGENT"

              
	
                ATTITUDE
                  DRINKS INC.

              	
                BARBARA
                  R. MITTMAN

              
	
                a
                  Delaware corporation

              	
                 

              
	
                 

              	
                 

              
	
                 

              	
                 

              
	
                By:
                  /s/ Roy G. Warren

              	
                /s/
                  Barbara R. Mittman

              
	
                Its:
                  CEO

              	
                 

              

      

       

      “SUBSCRIBERS”:

      

      
        	
                /s/
                  Roy G. Warren

              	
                /s/

              
	
                ROY
                  WARREN

              	
                ALPHA
                  CAPITAL ANSTALT

              
	
                 

              	
                 

              
	
                /s/

              	
                /s/

              
	
                WHALEHAVEN
                  CAPITAL FUND LIMITED

              	
                MONARCH
                  CAPITAL FUND LTD.

              
	
                 

              	
                 

              
	
                 

              	
                ESCROW
                  AGENT

              
	
                 

              	
                 

              
	
                 

              	
                /s/

              
	
                 

              	
                GRUSHKO
                  & MITTMAN, P.C.

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      AMENDED
        SCHEDULE A TO SECURITY AGREEMENT

       

      
        	
                LENDER

              	 	
                CLOSING OF 10/23/07

              	 	
                ADDITIONAL FINANCING

              	 
	
                ROY
                  WARREN

                11300
                  U.S. Highway 1, Suite 207

                North
                  Palm Beach, Florida 33408

                Fax:
                  (561) 799-5039

              	 	
                $

              	
                50,000.00

              	 	 	
                -0-

              	 
	 	 	 	 	 	 	 	 
	
                ALPHA
                  CAPITAL ANSTALT

                Pradafant
                  7

                9490
                  Furstentums

                Vaduz,
                  Lichtenstein

                Fax:
                  011-42-32323196

              	 	
                $

              	
                300,000.00

              	 	 	
                -0-

              	 
	 	 	 	 	 	 	 	 
	
                WHALEHAVEN
                  CAPITAL FUND LIMITED

                3rd
                  Fl., 14 Par-La-Ville Rd.

                Hamilton,
                  Bermuda HM08

                Fax:
                  (201) 782-9327

              	 	
                $

              	
                150,000.00

              	 	 	
                -0-

              	 
	 	 	 	 	 	 	 	 
	
                MONARCH
                  CAPITAL FUND LTD.

                Harbour
                  House, 2 nd
                  Floor

                Waterfront
                  Drive, Road Town

                Tortola,
                  BVI

                Fax
                  (284) 494-4771

              	 	
                $

              	
                100,000.00

              	 	 	
                -0-

              	 
	 	 	 	 	 	 	 	 
	
                MAHONEY
                  ASSOCIATES

                 

                 

              	 	 	
                -0-

              	 	
                $

              	
                330,000.00

              	 
	
                 

              	 	 	
                -0-

              	 	
                $

              	
                100,000.00

              	 
	
                TOTALS

              	 	
                $

              	
                600,000.00

              	 	
                $

              	
                430,000.00NOTICE
        OF
        WAIVER OF CERTAIN CONDITIONS

       

      This
        Notice of Waiver of Certain Conditions (“the Waiver”) is made to be effective as
        of February 8th, 2008 in favor of Attitude Drinks Inc., a Delaware corporation,
        (the “Company”) by (i) Roy G. Warren, (ii) Alpha Capital Anstalt, and (iii)
        Whalehaven Capital Fund Limited, who were each a Subscriber under that certain
        Subscription Agreement dated as of October 23, 2007 (the “Subscription
        Agreement”).

      

      WHEREAS,
        the Subscription Agreement provides for a Second Closing Date after compliance
        with the Second Closing Condition, as defined in Section 1(d) of the
        Subscription Agreement;

      

      WHEREAS,
        (i) Roy G. Warren, (ii) Alpha Capital Anstalt, and (iii) Whalehaven Capital
        Fund
        Limited, each desire to waive the actual effectiveness of the Registration
        Statement as defined in Section 11.1 of the Agreement; and

      

      WHEREAS,
        (i) Roy G. Warren, (ii) Alpha Capital Anstalt, and (iii) Whalehaven Capital
        Fund
        Limited, each desire to waive the covenant in Section 9(h) of the Subscription
        Agreement concerning the use of a transfer agent that is a participant in
        the
        Depository Trust Company Automated Securities Transfer Program.

      

      NOW
        THEREFORE, in consideration of the promises and mutual covenants contained
        herein and for other good and valuable consideration, the receipt and
        sufficiency of which are hereby acknowledged, (i) Roy G. Warren, (ii) Alpha
        Capital Anstalt, and (iii) Whalehaven Capital Fund Limited, each memorialize
        their waiver of the conditions specified so that the Company can issue and
        deliver the Second Closing Notes and Second Closing Warrants in exchange
        for the
        funds to be delivered by (i) Roy G. Warren, (ii) Alpha Capital Anstalt, and
        (iii) Whalehaven Capital Fund Limited.

      

      As
        evidenced by their signatures below, (i) Roy G. Warren, (ii) Alpha Capital
        Anstalt, and (iii) Whalehaven Capital Fund Limited hereby:

      

      A.
 
        waive the actual effectiveness of the Registration Statement as defined in
        Section 11.1 of the Agreement as a condition precedent to the Second Closing
        under the Subscription Agreement;

      

      B.
 
        waive the covenant in Section 9(h) of the Subscription Agreement concerning
        the
        use of a transfer agent that is a participant in the Depository Trust Company
        Automated Securities Transfer Program as a covenant under the Subscription
        Agreement;

      

      C.
 
        accept the natural, necessary, and reasonable consequences of the waivers
        granted above in order to proceed to a Second Closing on or before February
        15,
        2008.

      

      [continued
        on next page]

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      IN
        WITNESS WHEREOF, the undersigned have executed and delivered this Waiver
        as of
        the date first written above.

      

      
        	
                "COMPANY"

              	
                "THE
                  COLLATERAL AGENT"

              
	
                ATTITUDE
                  DRINKS INC.

              	
                BARBARA
                  R. MITTMAN

              
	
                a
                  Delaware corporation

              	
                 

              
	
                 

              	
                 

              
	
                By:
                  /s/

              	
                /s/

              
	
                Its:
                  President

              	
                 

              

      

      

      “SUBSCRIBERS”:

      

      
        	
                /s/

              	
                /s/

              
	
                ROY
                  WARREN

              	
                ALPHA
                  CAPITAL ANSTALT

              
	
                 

              	
                 

              
	
                /s/

              	
                /s/

              
	
                WHALEHAVEN
                  CAPITAL FUND LIMITED

              	
                MONARCH
                  CAPITAL FUND LTD.

              
	
                 

              	
                 

              
	
                ESCROW
                  AGENT

              	
                 

              
	
                 

              	
                 

              
	
                /s/

              	
                 

              
	
                GRUSHKO
                  & MITTMAN, P.C.

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