Document:

Exhibit 10.20

THE SECURITIES  REPRESENTED BY THIS WARRANT CERTIFICATE HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED.  THEY MAY NOT BE SOLD, OFFERED FOR
SALE,  PLEDGED OR HYPOTHECATED  IN THE ABSENCE OF (i) AN EFFECTIVE  REGISTRATION
STATEMENT  AS TO SUCH  SECURITIES  UNDER  SAID ACT,  (ii) AN  OPINION OF COUNSEL
SATISFACTORY  TO THE COMPANY,  OR NO-ACTION  LETTER ISSUED BY THE SECURITIES AND
EXCHANGE  COMMISSION,  THAT SUCH  REGISTRATION IS NOT REQUIRED,  OR (iii) UNLESS
SOLD PURSUANT TO, AND IN COMPLIANCE WITH THE  REQUIREMENTS  OF, RULE 144 OF SUCH
ACT.

                          CHAMPIONLYTES PRODUCTS, INC.

                          COMMON STOCK PURCHASE WARRANT

Void after 5:00 PM EST                                 Right to Purchase 526,400
January 5,2008                                         shares of Common Stock
                                                       (subject to adjustment)

     Championlyte  Products,  Inc. (the  "Company"),  hereby certifies that, for
value  received,  Holder (as  hereinafter  defined) is entitled,  subject to the
terms set forth herein, to purchase from the Company at any time or from time to
time before 5:00 P.M.  EST., on January 5, 2008,  fully paid and  non-assessable
shares of Common Stock,  $.001 par value, of the Company,  at the purchase price
per share of the  lesser of $.07 per share or a price per share  equal to Eighty
Percent (80%) of the  Company's  closing bid price as of the date of exercise by
the Holder as defined herein.  (the "Purchase Price").  The number and character
of such shares of Common Stock and the Purchase  Price are subject to adjustment
as provided herein.

     This  Warrant  Certificate  is  the  Common  Stock  Purchase  Warrant  (the
"Warrant"),  evidencing  the right to  purchase  shares  of Common  Stock of the
Company,  issued  pursuant  to a  certain  Consulting  Services  Agreement  (the
"Agreement"), dated as of January 6, 2003, between the Company and KNIGHTSBRIDGE
HOLDINGS,  LLC D/B/A KNIGHTSBRIDGE  CAPITAL or its assigns (the "Holder").  This
Warrant  evidences a right to purchase an aggregate of 526,400  shares of Common
Stock of the Company,  subject to  adjustment as provided  herein.  The right to
sell the shares issued under  conversion of this Warrant is subject to the terms
and conditions as outlined in the Agreement.

     As used herein the following terms,  unless the context otherwise requires,
have the following respective meanings:

          (a) The term "Company"  includes,  in addition to the Company  itself,
     any  Corporation  that shall  succeed to or assume  the  obligation  of the
     Company hereunder.

          (b) The term "Common Stock" includes all stock of any class or classes
     (however  designated)  of the  Company,  authorized  on or  after  the date
     hereof, the holders of which shall have the right, without limitation as to
     amount, either to all or to a share of the balance of current dividends and
     liquidating  dividends after the payment of dividends

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     and distributions on any shares entitled to preference,  and the holders of
     which shall  ordinarily,  in the absence of  contingencies,  be entitled to
     vote for the  election of a majority  of  directors  of the  Company  (even
     though  the right to vote has been  suspended  by the  happening  of such a
     contingency).

          (c) The term "Other Securities" refers to any stock (other than Common
     Stock) and other  securities of the Company or any other Person  (corporate
     or otherwise) which the holder of the Warrant at any time shall be entitled
     to receive, or shall have received, on the exercise of the Warrant, in lieu
     of or in addition to Common  Stock,  or which at any time shall be issuable
     or shall have been issued in exchange for or in replacement of Common Stock
     or Other Securities pursuant to Section 6 or otherwise.

          (d)  The  term  "Person"  shall  have  that  meaning  ascribed  in the
     Securities Act of 1933, as amended.

          (e)The term "Shares"  means the Common Stock of the Company  issued or
     issuable upon exercise of the Warrant,

1.   Exercise of Warrant.

This Warrant,  or any part hereof,  is exercisable at a price of $.10 per share,
subject to  adjustment  as  hereinafter  provided.  Upon delivery of a Notice of
Intention to Exercise all or any part of this Warrant  together  with payment of
the Purchase Price for the Shares purchased at the Company's  principal offices,
the Holder shall be entitled to receive a certificate  or  certificates  for the
Shares so purchased in those  denominations  set forth in such notice by Holder.
Payment of the Purchase  Price may be made, at the option of the Holder:  (a) by
cash, money order,  certified or bank cashier's check or wire transfer,  (b) the
surrender to the Company of  securities  of the Company  having a value equal to
the aggregate Purchase Price, as determined in good faith by the Company's board
of directors,  or (c) the delivery of a notice to the Company that the Holder is
exercising  this  Warrant  by  authorizing  the  Company to reduce the number of
shares of Common Stock subject to this Warrant by the number of shares having an
aggregate  value  equal to the  aggregate  Exercise  Price.  In the event of the
exercise  of less than all of the Shares  purchasable  under this  Warrant,  the
Company  shall,  at its  expense,  amend  this  Warrant so as only to reduce the
number of Shares to which it may thereafter be exercised.

2.   Adjustment of Purchase Price and Number of Shares.

     2.1 (a) In case the Company shall (i) pay a dividend on its Common Stock in
Common Stock,  (ii) subdivide its  outstanding  shares of Common Stock, or (iii)
combine its  outstanding  shares of Common  Stock into a small number of shares,
then, in such an event, the Purchase Price in effect  immediately  prior thereto
shall be adjusted  proportionately so that the adjusted Purchase Price will bear
the same relation to the Purchase Price in effect  immediately prior to any such
event as the total  number of shares  of Common  Stock  outstanding  immediately
prior to any such event shall bear to the total number of shares of Common Stock
outstanding  immediately  after such event.  An adjustment made pursuant to this
subdivision (a), (i) shall become effective retroactively  immediately after the
record  date  in  the  case  of a  dividend  and  (ii)  shall  become  effective
immediately   after  the  effective  date  in  the  case  of  a  subdivision  or
combination. The Purchase Price, as so adjusted, shall be readjusted in the same
manner upon the happening of any successive events or events described herein.

         (b)  In case the  Company  shall  distribute  to  holders  of shares of
     Common Stock,

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Other  Securities,  evidences  of its  indebtedness  or assets  (excluding  cash
dividends or distributions) or purchase rights, options or warrants to subscribe
for or purchase such Other Securities, evidences of indebtedness or assets, then
in each such case the Purchase Price in effect  immediately  prior thereto shall
be adjusted by a fraction,  the  numerator of which shall be the total number of
then  outstanding  shares of Common Stock multiplied by the current market price
per share of Common  Stock on the record  date  mentioned  below,  less the fair
market value of the Other  Securities,  assets or evidences of  indebtedness  so
distributed  or of such rights,  options or warrants as  determined  by the then
current  trading  price  of  such  Other  Securities,  assets  or  evidences  of
indebtedness so distributed or of such rights,  options or warrants or, if there
is no such active trading market,  in the good faith  determination of the Board
of  Directors,  and the  denominator  or which  shall  be the  total  number  of
outstanding  shares of Common Stock  multiplied by such current market price per
share  of  Common  Stock.  Such  adjustment  shall  be made  whenever  any  such
distribution is made and shall become effective retroactively  immediately after
the record date for the  determination of stockholders  entitled to receive such
distribution.

     2.2 Upon each  adjustment of the Purchase Price pursuant to subdivision (a)
of  Subsection  2.1,  the  number of shares of  Common  Stock  purchasable  upon
exercise of this Warrant  Certificate  shall be adjusted to the number of shares
of Common Stock, calculated to the nearest one hundredth of a share, obtained by
multiplying the number of shares of Common Stock  purchasable  immediately prior
to such adjustment upon the exercise of this Warrant Certificate by the Purchase
Price in effect prior to such adjustment and dividing the product so obtained by
the new Purchase Price.

     2.3 In  case  of any  capital  reorganization  of  the  Company,  or of any
reclassification  of  the  Common  Stock,  this  Warrant  Certificate  shall  be
exercisable after such capital reorganization or reclassification upon the terms
and conditions specified in this Warrant  Certificate,  for the number of shares
of stock or other  securities  which the Common  Stock  issuable (at the time of
such capital  reorganization or reclassification)  upon exercise of this Warrant
Certificate would have been entitled to receive upon such capital reorganization
or  reclassification  if such exercise had taken place immediately prior to such
action.  The  subdivision  or  combination of shares of Common Stock at any time
outstanding  into a greater or lesser number of shares of Common Stock shall not
be deemed to be a  reclassification  of the Common  Stock of the Company for the
purposes of this Subsection 2.3.

     2.4 The form of this Warrant Certificate need not be changed because of any
change  in the  Purchase  Price  pursuant  to this  Section  2 and  any  Warrant
Certificate  issued after such change may state the same Purchase  Price and the
same number of shares of Common Stock as are stated in this Warrant  Certificate
as initially issued.

3.   Adjustment for Reorganization, Consolidation, Merger, Etc.

     3.1 Merger, Etc. In case at any time or from time to time after the date of
this Warrant,  the Company shall (a) effect a  reorganization,  (b)  consolidate
with or merge into any other Person, or (c) transfer all or substantially all of
its  properties  or  assets to any other  Person  under any plan or  arrangement
contemplating  the  dissolution of the Company within 24 months from the date of
such transfer (any such transaction being hereinafter sometimes referred to as a
"Reorganization")  then, in each such case, the Holder, upon the exercise hereof
as provided in Section 1 at any time after the consummation or effective date of
such Reorganization (the "Effective Date"), shall receive, in lieu of the Shares
issuable on such exercise prior to such consummation or such effective date, the
stock and other  securities and property  (including  cash) to which such Holder
would have been entitled upon such consummation or in connection with

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such  dissolution,  as the case may be, if such  holder  had so  exercised  this
Warrant immediately prior thereto (all subject to further adjustment thereafter
as provided in Section 2, provided that the  successor  corporation  in any such
Reorganization  described  in clause (b) or (c) above where the Company will not
be the  surviving  entity (the  "Acquiring  Company")  has agreed  prior to such
Reorganization  in a writing  satisfactory  in form and  substance to the Holder
that this Warrant  shall  continue in full force and effect and the terms hereof
shall be  applicable  to the shares of stock and other  securities  and property
receivable on exercise  after t h e  consummation  of such  Reorganization,  and
shall  be  binding  upon the  issuer  of any  such  stock  or  other  securities
(including,  in the case of any  transfer of  properties  or assets  referred to
above, the Person acquiring all or substantially all of the properties or assets
of the Company).

     3.2  Continuation  of Terms.  This Warrant shall continue in full force and
effect and the terms hereof shall be applicable to the shares of stock and other
securities  and property  receivable  on the exercise of this Warrant  after the
consummation of such  reorganization,  consolidation  or merger or the effective
date of dissolution  following any such transfer,  as the case may be, and shall
be binding upon the issuer of any such stock or other securities,  including, in
the case of any such transfer,  the Person acquiring all or substantially all of
the  properties or assets of the Company,  whether or not such Person shall have
expressly assumed the terms of this Warrant as provided in Section 3.1.

4.   Registration

     (a) Unless registered under the Securities Act of 1933 and applicable state
laws,  this Warrant and the Shares or other  securities  issued upon exercise of
this Warrant shall not be transferable  unless, in the opinion of counsel to the
Company or other counsel reasonably  satisfactory to t h e Company, an exemption
from registration  under applicable  securities laws is available.  The Warrant,
Shares and other  securities  issued upon the exercise of this Warrant  shall be
subject to as to transfer order and the certificate or  certificates  evidencing
any such  Shares or  securities  shall bear the  following  legend and any other
legend which counsel for the Company may deem necessary or advisable:

         THE SHARES  REPRESENTED  BY THIS  CERTIFICATE  HAVE NOT BEEN
         REGISTERED UNDER THE SECURITIES ACT OF 1933. AS AMENDED, AND
         MAY  NOT BE  SOLD.  TRANSFERRED,  PLEDGED,  OR  HYPOTHECATED
         UNLESS SO  REGISTERED  OR UNLESS IN THE  OPINION  OF COUNSEL
         REASONABLY  SATISFACTORY  TO THE COMPANY,  AN EXEMPTION FROM
         REGISTRATION UNDER SUCH ACT IS AVAILABLE.

     (b) This  Warrant has been  issued  pursuant to  exemptions  under  federal
and/or state  securities  laws  available,  in part, because the initial  Holder
hereof is an "accredited investor" as that term is defined in Regulation D under
the  Securities  Act of 1933,  and the Holder so  warrants to the  Company.  The
Company  may  require the Holder,  upon  exercise  of this  Warrant.  to produce
evidence  reasonably  satisfactory  to the  Company  that the  Holder is then an
accredited investor.

     (c) If the Company  shall  receive  from Holder a written  request that the
Company  effect  any  registration  with  respect to all or a part of the shares
issued upon  execution of this  warrant,  the Company  shall use its  reasonable
efforts  to  effect  such  registration  (including,   without  limitation,  the
execution of an undertaking to file post-effective amendments, appropriate

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qualification  under  applicable  blue sky or other  state  securities  laws and
appropriate  compliance with applicable regulations issued under ,the Securities
Act of  1933,  as  amended)  as may be so  requested  and  as  would  permit  or
facilitate  the sale and  distribution  of all or such portion of such shares as
are specified in such request. The registration  statement filed pursuant to the
request of Holder as aforesaid may include other securities of the Company which
are held by  officers or  directors  of the Company or which are held by persons
who, by virtue of  agreements  with the Company,  are entitled to include  their
securities in any such  registration  and may include  securities of the Company
being  sold for the  account of the  Company.  Holder  shall  bear all  expenses
(including,  without  limitation,  attorneys and  accountants  fees and printing
expenses)  incurred in connection with any such  registration,  qualification or
compliance  undertaken  by the Company upon the request of Holder as  aforesaid,
provided,  however,  that all  underwriting  discounts  and selling  commissions
applicable  to the  sale  of the  securities  shall  be  borne  by the  holders,
including the Company,  of the securities so registered pro rata on the basis of
the number of their shares so registered.

     If the Company at any time proposes to register any of its securities under
the  Securities  Act of 1933,  as  amended  ("Securities  Act")  for sale to the
public, whether for its own account or for the account of other security holders
or both  (except  with respect to  registration  statements  on Form S-4, S-8 or
another form not available for registering  the shares for sale  to the public),
it will give prompt  written  notice to Holder of its  intention to do so and of
the proposed method of distribution of such securities. Upon the written request
of Holder  received by the Company  within ten (10) days after the giving of any
such notice by the Company to register any of the shares issuable upon execution
of this warrant and not yet sold or otherwise transferred by Holder, the Company
will  use  reasonable  efforts  to  cause  such  shares  to be  covered  by  the
registration  statement  proposed to be filed by the Company,  all to the extent
and under the conditions  such  registration  is permitted  under the Securities
Act, subject to the same "lock-up" and/or "dribble-out"  provisions as all other
listed selling shareholders in such registration statement may be subject.

5.   No Dilution or Impairment

The Company  will not, by  amendment  of its  certificate  of  incorporation  or
through  any  reorganization,   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 of the Warrants,
but will at all times in good faith assist in the carrying out of all such terms
and in the taking of all such action as may be necessary or appropriate in order
to protect the rights of the holders of the Warrants  against  dilution or other
impairment,

6.   Replacement of Warrants,

On receipt  of  evidence  reasonably  satisfactory  to the  Company of the loss,
theft,  destruction  or  mutilation  of any Warrant and, in the case of any such
loss, theft or destruction of any Warrant, on delivery of an indemnity agreement
or security reasonably satisfactory in form and amount to the Company or, in the
case of any such mutilation,  on surrender and cancellation of such Warrant, the
Company at its expense will execute and deliver,  in lieu thereof, a new Warrant
of like tenor.

7.   Remedies.

The Company  stipulates  that the  remedies at law of the Holder in the event of
any  default or  threatened  default by the  Company  in the  performance  of or
compliance with any of the terms of

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this  Warrant  are not and will not be  adequate,  and that  such  terms  may be
specifically  enforced by a decree for the specific performance of any agreement
contained  herein  or by an  injunction  against  violation  of any of the terms
hereof or otherwise.

8.   Negotiability, Assignment, etc.

This Warrant may be transferred by written assignment to any third party assigns
provided   however  that  any  such   assignment  does  not  conflict  with  the
restrictions set forth in the legend appearing at the header hereof.

9.   Notice, etc.

All notices  and other  communications  from the Company to the Holder  shall be
mailed by first class  registered or certified mail,  postage  prepaid,  at such
address as may have been furnished to the Company in writing by Holder or, until
any such holder furnishes to the Company an address, then to, and at the address
of, the Holder of this Warrant who has so furnished an address to the Company.

10.  Miscellaneous.

This  Warrant  and  any  term  hereof  may be  changed,  waived,  discharged  or
terminated  only by an instrument  in writing  signed by the party against which
enforcement of such change,  waiver,  discharge or  termination is sought.  This
Warrant shall be governed by the internal laws of the State of New York, without
giving effect to any choice of law or conflict of law provision or rule (whether
of the  State of New York or any  other  jurisdictions)  that  would  cause  the
application of the laws of any  jurisdictions  other than the State of New York.
Each party hereby irrevocably submits to the exclusive jurisdiction of the state
and federal courts sitting in the City of New York, for the  adjudication of any
dispute hereunder,  and hereby  irrevocably  waives, and agrees not to assert in
any suit, action or proceeding,  any claim that it is not personally  subject to
the  jurisdiction  of any such court,  that such suit,  action or  proceeding is
brought  in an  inconvenient  forum or that the  venue of such  suit,  action or
proceeding  is  improper.  The  headings  in this  Warrant  are for  purposes of
reference only, and shall not limit or otherwise affect any of the terms hereof.
All nouns and pronouns  used herein  shall be deemed to refer to the  masculine,
feminine or neuter,  as the identity of the person or persons to whom  reference
is made herein may require.

11.  Expiration.

The right to exercise  his Warrant  shall  expire at 5:00 P.M.,  EST, on January
5,2008.

Dated:                                        CHAMPIONLYTE PRODUCTS, INC.
       -------------------

                                              By:   /s/ Marshall Kanner
                                                    ----------------------
                                              Name:    Marshall Kanner
                                              Title:   Interim COO

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                                   EXHIBIT A

                        NOTICE OF INTENTION TO EXERCISE

The Championlyte Products, Inc.:

     The  undersigned  registered  holder  of this  Warrant  hereby  irrevocably
exercises such Warrant for, and purchases  thereunder  ______________  shares of
Common Stock of Championlyte  Products,  Inc., all at the price and on the terms
and conditions specified in this Warrant, and requests that the certificates for
such  shares be issued in the name of  __________________  (social  security  of
other  identifying   number:__________________________)  and  delivered  to  the
following  address:

________________________________________________________________________________
(Street)                                             (City,  State and Zip Code)

Dated:
       -------------------                            --------------------------
                                                      (Signature of Holder)
                                                      (Street Address)
                                                      (City, State and Zip Code)

                                       7Exhibit 10.22

                                    AGREEMENT

This Agreement,  effective as of April 1,2003 (the "Effective Date"), is made by
and  between  Sara Lee Global  Finance,  L.L.C.,  a Delaware  limited  liability
company  having  offices  at  204F  Weldin   Building,   3411  Silverside  Road,
Wilmington,   Delaware  19801  (hereinafter  referred  to  as  "Licensor"),  and
ChampionLyte, Inc., a Florida corporation having offices at 3350 N.W. Boca Raton
Boulevard,  Suite A-28, Boca Raton,  Florida 33431  (hereinafter  referred to as
"Licensee").

WHEREAS,  Licensor is the owner of the Licensed  Mark, as  hereinafter  defined,
which  trademark has been used and  registered  on the United  States  Principal
Register  of  Trademarks  in  connection  with  sugar-free   sports  drinks  and
sugar-free non-carbonated soft drink;

WHEREAS,  Licensor  is willing to grant Licensee  the right to use the  Licensed
Mark under the terms and conditions hereinafter set forth;

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

1.       DEFINITIONS

         As used herein the term(s):

         1.1      "Affiliate" of Licensor or Licensee, as the case may be, shall
                  mean any person or  business  entity  with which  Licensor  or
                  Licensee, as applicable,  is or may hereafter be associated by
                  direct or indirect common ownership, control, or management.

         1.2      "Contract Year" means each twelve (12) month period commencing
                  on January 1 of one year and ending on December 31 of the same
                  year;  provided,   however,   that  the  First  Contract  Year
                  hereunder  shall  commence  as of the  effective  date of this
                  License  Agreement and continue  through  March 31, 2004,  and
                  that the Second  Contract Year hereunder  shall commence as of
                  January  1,2004 and continue  though  December  31, 2004.  The
                  parties  agree  that the First  Contract  Year and the  Second
                  Contract Year shall overlap  during the period January 1, 2004
                  through March 31, 2004.

         1.3      "Distribution  Channels"  shall mean the means and channels of
                  distributing Licensed Products,  specifically excluding [To be
                  discussed],  all of which specific,  individual accounts shall
                  be approved in writing by  Licensor  prior to any  shipment by
                  Licensee of Licensed Products to such individual account.

         1.4      "Effective Date" means April 1, 2003.

         1.5      "First  Renewal Term" shall have the  definition  set forth in
                  Section  9.2 hereof,  and shall  extend from  January  1, 2008
                  through  and  including   December  31,  2012,   provided  the
                  conditions and provisions of Seaion 9.2 are met.

         1.6      "Guaranteed  Minimum  Royalties" shall have the definition set
                  forth in Section 10.3 hereof.

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         1.7      "Guidelines"  shall  mean the Sara  Lee  Corporation  Supplier
                  Selection  Guidelines and  the  Sara  Lee  Corporation  Global
                  Operating  Principles,  copies of which have been  provided to
                  Licensee.

         1.8      "Initial  Term" shall have the definition set forth in Section
                  9.1 hereof.

         1.9      "Intellectual  Property  Rights"" shall mean the Licensed Mark
                  together  with  any  copyrights,  registered  or  unregistered
                  designs,  trade dress, or any  applications or rights to apply
                  for any of the:  foregoing  which  are used by or on behalf of
                  Licensed in connection with the Licensed Mark

         1.10     "Invoice  Price" shall mean the total monetary amount invoiced
                  by  Licensee  for  sales  of  the  Licensed  Products  to  its
                  customers, excluding transportation expenses, freight expenses
                  (including loading and unloading expenses),  packing expenses,
                  insurance,  sales taxes,  excise taxes,  and value added taxes
                  (VAT).  No  deduction  shall  be  made  for  trade  discounts,
                  allowances,  rebates, refunds,  uncollectible accounts, or bad
                  debts.  If  Licensee  accepts  goods or  services  bartered as
                  consideration  for sales of  Licensed  Products,  the value of
                  such sales by barter should be deemed to be the net realizable
                  value  of the  goods or  services  received  in  consideration
                  therefore. The Invoice Price for sales made by Licensee to any
                  retail  outlet  owned or  controlled,  wholly  or in part,  by
                  Licensee or any of it Affiliates  shall be Licensee's  regular
                  full  wholesale  list  price  of  such  Licensed  Products  to
                  unaffiliated  retailers ("Full Wholesale"),  or where Licensee
                  does not have a Full  Wholesale  price for a Licensed  Product
                  (e.g., the Licensed Product is made available by Licensee only
                  to  affiliated   retailers),   an  equivalent   amount  ("Full
                  Wholesale Equivalent") calculated upon the greater of: (i) the
                  regular  full  wholesale  list  price  for a  product  sold to
                  unaffiliated  retailers  which most  nearly  approximates  the
                  Licensed Product in terms of materials, manufacture and price,
                  or  (ii)  the  price  charged  by  the  affiliated  retailer's
                  "normal" retail mark-up for that Licensed Product.  Discounts,
                  allowances,  rebates or refunds permitted as deductions herein
                  shall,  when  actually  made to an  affiliated  retailer,  not
                  exceed  the  rate or  amount  in good  faith  made or given by
                  Licensee to an unaffiliated retail customer.  Licensee will be
                  obligated to  demonstrate to the  reasonable  satisfaction  of
                  Licensor that any Full Wholesale or Full Wholesale  Equivalent
                  and any permitted deductions made by Licensee is appropriate.

         1.11     "Licensed Mark" means the CHAMPIONLYTE trademark.

         1.12     "Licensed Products" means Products that are manufactured by or
                  on behalf of Licensee and are sold or  distributed by Licensee
                  and that  bear  the  Licensed  mark as  authorized  herein  by
                  Licensor.

         1.13     "Minimum Sales" shall have the definition set forth in Section
                  10.4 hereof.

         1.14     "Products"  means  sugar-free  sports  drinks  and  sugar-free
                  non-carbonated soft drinks.

         1.15     "Renewal Sales Minimum" shall have the definition set forth in
                  Section 9.2  hereof.

         1.16     "Second  Renewal Term" shall have the  definition set forth in
                  Section 9.2 hereof, and shall extend from from January 1, 2013
                  through  and  including   December  31,  2017,   provided  the
                  conditions and provisions of Section 9.2 are met.

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         1.17     "Specifications"  shall  have  the  definition  set  forth  in
                  Section 7.3 hereof.

         1.18     "Sub-Contractor" shall mean any sub-contract manufacturer used
                  by Licensee and approved by Licensor as set forth in Section 7
                  hereof.

         1.19     "Territory" means the United States of America,  including its
                  territories and possessions, Canada, and Mexico.

2.       GRANT OF LICENSE

         2.1      Upon the terms and conditions  hereinafter set forth, Licensor
                  grants to Licensee the exclusive,  non-transferable license to
                  use the Licensed  Mark in the  Territory on and in  connection
                  with the manufacture,  marketing, sale and distribution of the
                  Products, solely through the Distribution Channels.

         2.2      Licensee shall not sell or distribute Licensed Products to any
                  individual account or customer until such time as Licensor has
                  provided its written approval for inclusion of that account of
                  customer in the definition of Distribution Channels.

3.       INTELLECTUAL PROPERTY RIGHTS

         3.1      Licensee acknowledges the validity and Licensor's ownership of
                  the  Intellectual  Property  Rights  and shall not at any time
                  during the term of this  Agreement or  thereafter  directly or
                  indirectly,  by itself or  through  its  directors,  officers,
                  employees,  agents or  Affiliates,  consent  to or assist  any
                  other  person or  entity in  contesting  the  validity  of the
                  Intellectual  Property Rights or the right, title and interest
                  of the Licensor to the Intellectual Property Rights.  Licensee
                  further  agrees that it will not  attack the  validity of this
                  License.  This  provision  shall  survive  the  expiration  or
                  termination of this Agreement.

         3.2      Licensee   recognizes   the  great  value  of  the  good  will
                  associated  with the Licensed Mark and  acknowledges  that the
                  Licensed Mark and all rights therein, and good will pertaining
                  thereto,  belong  exclusively  to Licensor.  Licensee  further
                  acknowledges  that all use of the  Licensed  Mark by  Licensee
                  shall inure to the benefit of Licensor.

         3.3      Licensee  shall not at any time  atempt to register or use, or
                  to aid any third  party in  attempting  to register or to use,
                  any  trademark  in any  country of the world  which may be, in
                  Licensor's  opinion,  confusingly similar to the Licensed Mark
                  or   confusingly   similar  to  the   CHAMPION   trademark  or
                  confusingly   similar  to  the  CHAMPION  Logo  trademark  (as
                  illustrated,  for example and not for limitation purposes,  by
                  U.S. Registration No. 1,323,337).  This covenant shall survive
                  the  expiration  or  termination  of this  Agreement and shall
                  continue in full force and effect in perpetuity.

         3.4      Except as provided in this  Agreement,  Licensee shall not use
                  or register at any time,  whether  during the  continuance  of
                  this  Agreement  or  thereafter,  any  business or trade name,
                  licensor name, trademark or labeling or packaging design which
                  incorporates or which  incorporates or which is  substantially
                  identical with or deceptively or confusingly similar to the

                                                                          Page 3
<PAGE>

                  Licensed Mark or other Intellectual Property Rights.  Licensor
                  specifically  reserves  all  rights in and to the  trade  name
                  "Champion" and to any trade name incorporating the designation
                  "Champion,"  and  Licensee   acknowledges   that,   except  as
                  specifically   provided   herein,   Licensee   has  no  rights
                  whatsoever  to the  use  of  any  trade  name  containing  the
                  designation "Champion," nor shall Licensee,  itself or through
                  any third party within its control or with whom Licensee has a
                  contractual  relationship,  do or permit any act or thing that
                  will, in any way,  impair the rights of Licensor in and to the
                  trade  name  "Champion"  or any trade name  incorporating  the
                  designation  "Champion"  or which  will  affect  the  validity
                  thereof.

         3.5      Any and  all  trademarks,  copyrights  or  other  intellectual
                  property rights which may exist or come into being,  including
                  without limitation sub-brand names, collection names, slogans,
                  and tag  lines,  and  which are used on  stationery,  signage,
                  labeling,  packaging,  advertising or promotional  material in
                  connection  with the Licensed  Products shall be the exclusive
                  property of Licensor,  as Licensor  may direct.  To the extent
                  any rights in and to any such trademarks,  copyrights or other
                  intellectual property rights are deemed to accrue to Licensee,
                  Licensee  hereby  assigns to Licensor any and all such rights,
                  at such  time as they may be deemed to  accrue,  and  Licensee
                  shall execute at such time any further  documents  required to
                  effect such assignment.

         3.6      Licensee  shall not supplement or interfere with or obliterate
                  the Licensed Mark applied to the Products.

         3.7      Licensee shall take due care not to do or cause to be done any
                  act or thing which  affects the  validity of the  Intellectual
                  Property Rights or Licensor's ownership thereof or jeopardizes
                  the maintenance thereof, either during the continuance of this
                  Agreement   or   thereafter,   and  will   immediately   cease
                  distribution of the Licensed  Products in the Territory in the
                  event that the Licensed  Mark or other  Intellectual  Property
                  Rights are in jeopardy.

4.       RELATIONSHIP OF PARTIES

         4.1      Licensee is a "related  company"  pursuant  to 15 U.S.C.  Sec.
                  1127.  Neither party is an agent or employee of the other, nor
                  shall either party in any event be liable for the other's acts
                  or omissions.  This Agreement does not and shall not be deemed
                  to make any party hereto the agent, partner, joint venturer or
                  legal  representative  of any  other  party  for  any  purpose
                  whatsoever, Neither Licensor nor Licensee shall have the right
                  or   authority  to  assume  or  create  any   obligations   or
                  responsibility whatsoever, express or implied, on behalf of or
                  in the name of the other,  or to bind the other in any respect
                  whatsoever, except as may be herein provided.

5.       BUSINESS OPPORTUNITY

         5.1      Licensee  recognizes that there are many  uncertainties in the
                  business  contemplated by this Agreement.  Licensee agrees and
                  acknowledges that other that those representations  explicitly
                  contained  in  this  Agreement,  if any,  no  representations,
                  warranties  or  guarantees  of any  kind  have  been  made  to
                  Licensee,  either by Licensor or its Affiliates,  or by anyone
                  acting on their behalf. Without limitation, no

                                                                          Page 4

<PAGE>

                  representations  concerning the value of the Licensed Products
                  or the  prospects for the level of their sales or profits have
                  been made, and Licensee has made its own independent  business
                  evaluation  in  deciding to  manufacture  and  distribute  the
                  Licensed  Products  on the  terms set  forth  herein.  Neither
                  Licensee  nor  any of its  Affiliates  shall  be  entitled  to
                  compensation from Licensor or any of Licensor's Affiliates for
                  any direct or indirect  damages or loss of profits suffered by
                  Licensee  as the result of the  manufacturing,  promotion  and
                  sale of the Licensed Products.

6.       USE OF THE LICENSED MARK

         6.1      Licensee  agrees  to use the  Licensed  Mark  only in the form
                  approved  by  Licensor.  All use of the  Licensed  Mark on the
                  Licensed   Products  and  on  stationery,   signage,   labels,
                  packaging,   in  advertising  and  otherwise  must  faithfully
                  reproduce the form approved by Licensor.  Approval of the form
                  of use of the Licensed Mark,  once given,  shall be continuing
                  until  Licensee  receives  written notice on the contrary from
                  Licensor.  In the event Licensee receives such written notice,
                  all uses of the  Licensed  Mark to which such  notice  applies
                  shall  immediately  cease,  except  that for up to (6)  months
                  after receipt of such notice  Licensee shall have the right to
                  sell and distribute finished Licensed Products in inventory at
                  the time of such  notice that bear the  Licensed  Mark in such
                  form that is no longer approved by Licensor.

         6.2      Licensee shall comply with all notice and marking requirements
                  of any  law or  regulation  applicable  or  necessary  for the
                  protection  of  the  Licensed  Mark,   including   those  that
                  Licensor, in its sole judgment, may deem appropriate. Licensee
                  shall not, at any time,  do or permit any third  party  within
                  its  control  or  with  whom   Licensee   has  a   contractual
                  relationship  to do any act or thing  that  will,  in any way,
                  impair the rights of Licensor in and to the  Licensed  Mark or
                  which will affect the validity thereof.

         6.3      Licensee  agrees that its use of the Licensed Mark shall be in
                  a commercially  acceptable and responsible manner, and that no
                  use of the Licensed Mark shall reflect adversely upon the good
                  name of Licensor.

         6.4      Excluding  Licensed  Products  sold by Licensee  to  Licensor,
                  Licensee  will  not sell or  cause  or  permit  to be sold any
                  Licensed Products outside of the Territory, nor will Licensee,
                  directly  or  indirectly,  sell or cause or  permit to be sold
                  Licensed   Products   within  the  Territory   where,  to  its
                  knowledge,  such Licensed Products are intended for re-sale or
                  distribution outside of the Territory. In particular, Licensee
                  shall  not  engage  in  advertising  in any way  involving  or
                  referring  to the  Licensed  Marks  that is aimed at any place
                  outside the Territory or use any branch or distribution  depot
                  outside  the  Territory  for  the  sale  or  marketing  of the
                  Licensed Products. Licensee will use its best efforts lawfully
                  to  prevent  any  person  from  distributing  or  selling  the
                  Licensed  Products from the Territory to locations outside the
                  Territory.  Licensee  acknowledges  that a violation  of this
                  Section  6.4  may  result  in  immediate  termination  of this
                  Agreement  and  Licensor  may  take  advantage  of any and all
                  remedies  available  at law to address any damages to Licensor
                  based on Licensee's violation.

                                                                          Page 5
<PAGE>

7.       QUALITY CONTROL

         7.1      Licensee  acknowledges  that the Licensed Mark has established
                  prestige and good will and is well  recognized in the minds of
                  the  public,  and that it is of great  importance  to Licensor
                  that the high  standards  and  reputation  that  Licensor  has
                  established be maintained in the  manufacture  and sale of the
                  Licensed Products. Toward that end, Licensee shall comply with
                  any direction made by Licensor  relating to the quality of the
                  Licensed  Products or any related  promotional  or advertising
                  material.

         7.2      Licensor  has the  right  to  exercise  quality  control  over
                  Licensee's use of the Licensed Mark on and in connection  with
                  the  Licensed  Products so as to maintain  the validity of the
                  Licensed  Mark  and  to  protect  the  good  will   associated
                  therewith.

         7.3      At least two (2) months  prior to the first  marketing of each
                  proposed  new  Licensed  Product,  and  immediately  for  each
                  current  Licensed  Product,  Licensee shall submit to Licensor
                  for approval  samples of each such Licensed  Product,  in each
                  size  and/or  quantity  in which the same are  intended  to be
                  marketed,  together  with  a  complete  and  accurate  written
                  summary in relation to the quality and properties of each such
                  Licensed  Product and copies of such testing results and other
                  data as  Licensor  may  consider  necessary  or  desirable  to
                  establish  the  quality of the  Licensed  Products  concerned.
                  Licensee  shall also submit to Licensor  one full set of final
                  shipment  samples of each of the Licensed  Products which have
                  been approved hereunder and which are intended to be marketed,
                  prior to the first sale of the  Licensed  Products  concerned.
                  Licensee   shall  ensure  that  the   Licensed   Products  are
                  manufactured  in  full  and  complete   conformity  with  such
                  specifications,   standards   and  quality  of  materials  and
                  workmanship  as may from time to time be  required by Licensor
                  for the  manufacture  of the  Licensed  Products  and that the
                  Licensed Products, and all labeling, packaging, or promotional
                  materials  therefor,  comply with all  applicable  ordinances,
                  laws,  and  statutes  governing  the  manufacture,  packaging,
                  promotion,  and  sale of such  products.  Whenever  reasonably
                  requested so to do,  Licensee  shall  submit to  Licensor,  at
                  Licensee's own Expense,  samples of the Licensed Products.  In
                  addition,  Licensee  shall submit to  Licensor,  at least once
                  each Contract Year, one (1) case of each stock-keeping unit of
                  Licensed  Products.  Licensee  shall also ensure that Licensor
                  shall have access to the premises where the Licensed  Products
                  are  manufactured,  packaged or stored in order to inspect and
                  test any of the Licensed  Products and methods of manufacture,
                  packaging and storing of the same.

         7.4      Licensee  represents and  warrants to Licensor  that:  (i) the
                  Products  to which the  Licensed  Mark is affixed  shall be of
                  high  quality  and  shall  comply  in all  respects  with  the
                  specifications  for the Licensed  Products;  (ii) the Licensed
                  Products shall be stored,  cooked,  and/or processed according
                  to the specifications approved by Licensor; (iii) the Licensed
                  Products and all food packaging and labeling  materials  shall
                  be,  at the time of  shipment  or  delivery,  manufactured  in
                  accordance  with  good  manufacturing   practices;   (iv)  the
                  Licensed   Products  and  all  food   packaging  and  labeling
                  materials  shall  comply with all  federal,  state,  and local
                  laws,  ordinances,  rules and regulations  (including  without
                  limitation  all  USDA and FDA  laws,  rules  and  regulations)
                  (collectively,  "Laws"),  and  shall  not be  adulterated  or
                  misbranded  within the meaning of the Federal  Food,  Drug and
                  Cosmetic Act (the "Act"),  as amended and  including  its food
                  and color  additive  amendments,  or within the meaning of any
                  applicable  state or local  law in which  the  definitions  of
                  "adulteration" and "misbranding" are substantially

                                                                          Page 6
<PAGE>

                  the same as those  contained  in the Act,  as the Act and such
                  Laws  are  constituted  and  effective  at the  time  of  such
                  shipment or delivery;  (v) the Licensed  Products and all food
                  packaging and labeling  materials  shall not be articles which
                  may not,  under the  provisions  of Section  404 or 505 of the
                  Act, be  introduced  into  interstate  commerce;  and (vi) the
                  Licensed   Products  and  all  food   packaging  and  labeling
                  materials  shall  not  be in  violation  of  the  requirements
                  imposed upon Licensee by the  California  Safe Drinking  Water
                  and Toxic  Enforcement  Act of 1986  ("California  Proposition
                  65"), and any other state or local laws imposing  requirements
                  on Licensee  which are  substantially  the same as  California
                  Proposition 65.

         7.5      Licensee  shall store and  transport  the Licensed  Product in
                  conditions  that will preserve the Licensed  Products in good
                  condition and shall comply with any  reasonable  requests from
                  Licensor in such regard.

         7.6      If Licensor  notifies Licensee in writing at any time that any
                  samples of Licensed  Products do not conform with  preapproved
                  specifications,  standards,  and/or quality,  or are otherwise
                  unacceptable,    then   Licensee   will   immediately    cease
                  distribution of the unacceptable  Licensed Products until such
                  time as Licensor gives  Licensee,  written  approval to resume
                  distribution.  In addition,  Licensee will immediately  recall
                  and destroy all such unacceptable Licensed Products.

         7.7      In order to verify and  maintain  quality  control  standards,
                  Licensor   shall   have  the  right  to   inspect   Licensee's
                  manufacturing facilities for the Licensed Products,  including
                  without limitation the facilities of third-party manufacturers
                  with whom  Licensee  contracts,  up to two times per  Contract
                  Year. Any such inspection will occur during business hours and
                  only after  giving  Licensee  at least  five (5) days  written
                  notice of such inspection.  Should Licensor find  deficiencies
                  in such  manufacturing  facilities,  it will have  thirty (30)
                  days in which to notify  Licensee of such  deficiencies.  Upon
                  notification by Licensor,  Licensee will immediately take such
                  steps  as  are   necessary  to  rectify  the   deficiency   or
                  deficiencies.  If after  ninety  (90) days the  deficiency  or
                  deficiencies are not corrected by Licensee, Licensor will have
                  the right to terminate this Agreement.

         7.8      Licensee may not sell damaged  Licensed  Products  bearing the
                  Licensed  Mark  unless it  obtains  Licensor's  prior  written
                  consent.

         7.9      Licensee  will handle all  customer  and  consumer  complaints
                  pertaining to the Licensed Products in commercially reasonable
                  fashion.  Licensee  will keep a record of all such  complaints
                  for each  Contract  Year and  provide  this record to Licensor
                  within  thirty  (30) days  following  the  conclusion  of each
                  Contract Year.

         7.10     The  provisions of this Section 7 shall apply with equal force
                  and effect to any third-party  manufacturers  used by Licensee
                  for the  production  of  Licensed  Products or  components  of
                  Licensed  Products,  and  Licensee  shall ensure that all such
                  third-party  manufacturers  abide  by all  provisions  of this
                  Agreement,  including but not limited to this Section 7 and to
                  Section 19 hereof.

                                                                          Page 7
<PAGE>

8.       MARKETING, ADVERTISING, PROMOTION AND PACKAGING

         8.1      Licensee shall consult with Licensor prior to the commencement
                  of  each  Contract  Year   concerning  its  strategy  for  the
                  marketing, sales, advertising and promotional programs for the
                  Licensed  Products for such Contract Year, and shall submit to
                  Licensor for approval a marketing  plan covering its strategy.
                  Licensee  shall also  consult  with  Licensor  concerning  the
                  format,  content  and  design  of all  packaging,  stationery,
                  signage,  labeling,  packaging,  advertising  and  promotional
                  materials  to be used  by  Licensee  in  connection  with  the
                  Licensed   Products.   No   stationery,   signage,   labeling,
                  packaging,  advertising or promotional materials shall be used
                  by Licensee in connection with the Licensed  Products  without
                  the prior written approval of Licensor.

         8.2      Licensee agrees that each Contract Year it will spend not less
                  than three  percent  (3%) of the higher of: (a) the actual Net
                  Sales  for such  Contract  Year or (b) the  Minimum  Sales (as
                  defined  in  Section   10.4)  for  such   Contract   Year,  on
                  advertising,   marketing,   and   promotional   materials   in
                  connection  with the sale of Licensed  Products,  exclusive of
                  cooperative  and trade  advertising.  Within  thirty (30) days
                  following the end of each Contract Year, Licensee shall submit
                  to  Licensor,  certified  as true and correct by an officer of
                  Licensee,   a  statement   detailing   the  amounts  spent  on
                  advertising, marketing, and promotional materials, broken down
                  by category  and  demonstrating  how the money was spent.  Any
                  breach of this  section  8.2 shall be  considered  a  material
                  breach 8.2 of this Agreement.

         8.3      Any and  all  trademarks,  copyrights  or  other  intellectual
                  property rights which may exist or come into being,  including
                  without  limitation  sub-brand  names,  and  which are used on
                  stationary,   signage,   labeling,   packaging,   advertising,
                  marketing, or promotional material for `the Licensed Products,
                  shall be the exclusive property of Licensor. To the extent any
                  rights  in and to any  such  trademarks,  copyrights  or other
                  intellectual property rights are deemed to accrue to Licensee,
                  Licensee  hereby  assigns to Licensor any and all such rights,
                  at such time as they may be deemed to accrue.

         8.4      In consideration  of the License granted herein,  in the event
                  Licensor  (directly  or through any  licensee,  franchisee  or
                  Affiliate in the Territory)  elects to offer Licensed Products
                  for  sale  in  stores  owned  by  Licensor  or  its  licensee,
                  franchisee or Affiliate,  Licensee  shall sell and timely ship
                  Licensed  Products  to such  stores,  to the  extent  of their
                  requirements,  at a price equal to thirty  percent  (30%) less
                  than the  regular  wholesale  price  therefor.  All such sales
                  shall be  separately  reported by  Licensee in its  accounting
                  statements  pursuant to paragraph 10.3 hereof,  and such sales
                  shall not be subject to the advertising  obligations set forth
                  herein,  but shall be subject to the royalty  obligations  set
                  forth herein.

9.       TERM AND RENEWAL

         9.1      This  Agreement  shall  remain in full  force and  effect  for
                  fifty-seven  (57) months  following the effective date of this
                  Agreement,  through  and  including  December  31,  2007  (the
                  "Initial Term"), subject to the termination provisions hereof.

         9.2      Licensee  shall have the option to renew  this  Agreement  for
                  additional  five-year  renewal  periods  following the Initial
                  Term, on the same terms and at the same royalty rates, up

                                                                          Page 8
<PAGE>

                  to a  maximum  of  two  (2)  renewal  periods  (i.e.  a  total
                  additional  period of ten (10)  years,  hereafter  the  "First
                  Renewal  Term" and the "second  Renewal  Term"  respectively);
                  provided  however,  that (i) Licensee  gives written notice to
                  Licensor of Licensee's  intent to exercise each such option no
                  later  than three (3) or sooner  than six (6) months  prior to
                  the  expiration of the Initial term or the First Renewal Term,
                  as applicable, and furthe rprovided that (ii) licensee may not
                  exercise  any such option to renew  unless the  following  net
                  sales targets (the "Renewal Sales Minimums") are met;

                  First Renewal Term Renewal Sales Minimum (2008-2012);
                    Net Sales in Years 2005, 2006, and 2007 must average at
                    least $1,500,000 per year.

                  Second Renewal Term Renewal Sales Minimum (2013-2017);
                    Net Sales in Years 2010, 2011, and 2012 must average at
                    least $5,000,000 per year.

         9.3      In  addition,  no later than three (3) or sooner  than six (6)
                  months  prior to the  expiration  of the Second  Renewal  term
                  (i.e.  between  October 1, 2017 and  December 31,  2017),  the
                  parties  shall meet to discuss  whether to extend this license
                  agreement  for up to two  (2)  additional  5-  year  renewals,
                  provided  that the parties are able to negotiate in good faith
                  the terms for Minimum Sales, Guaranteed Minimum Royalties, and
                  a royalty  rate  during  such  additional  renewal  terms.  If
                  Licensor and Licensee are unable to agree upon Minimum  Sales,
                  Guearanteed  Minimum  Royalties,  and a  royalty  rate for the
                  additional  renewal terms, then this Agreement shall expire as
                  of December 31, 2017.

         9.4      Neither Licensor or Licensee shall have any expectation of the
                  other, or any obligation to the other, to renew this Agreement
                  or  extend  the  term  hereof  for any  period  following  the
                  expiration  of the Term  and/or the First  Renewal  Term,  (if
                  applicable)  and/or the Second  renewal term (if  applicable).
                  Neither  shall  Licensor  nor Licensee  have any  financial or
                  other  liability or  obligation  to the other arising from (i)
                  non-renewal,  or (ii)  early  termination  of  this  Agreement
                  according to its terms. It is expressly  understood that under
                  no  circumstances  shall  Licensee  be  entitled,  directly or
                  indirectly,  to any form of  compensation  or  indemnity  from
                  Licensor as a sequence of the  termination  or  expiration  of
                  this Agreement, whether as a result of the passage of time, or
                  as a result of any other cause of  termination  referred to in
                  this  Agreement.   Without  limiting  the  generality  of  the
                  foregoing, by its execution of the present Agreement, Licensee
                  hereby  waives any claim  which it has or which it may have in
                  the future against  Licensor arising from any alleged goodwill
                  created by  Licensee  for the  benefit of Licensor or from the
                  alleged   creation  or  increase  of  a  market  for  Licensed
                  Products.

10.      ROYALTY AND MINIMUM SALES

         10.1     Licensee  will pay to  Licensor a royalty  equal to: (a) three
                  percent (3%) of the Invoice Price of Licensed Products sold or
                  otherwise  transferred  by  Licensee  up  to  total  sales  of
                  $10,000,000 in any Contract Year; (b) five percent (5%) of the
                  Invoice   Price  of  Licensed   Products   sold  or  otherwise
                  transferred   by  Licensee,   based  on  total  sales  between
                  $10,000,000  and $15,000,000 in any Contract Year, and (c) six
                  percent (6%) of the Invoice Price of Licensed Products sold or
                  otherwise transferred by Licensee, based on total sales in any
                  Contract Year exceeding $15,000,000.  The royalty rate will be

                                                                          Page 9
<PAGE>

                  applied to all sales of Licensed Products,  and all such sales
                  will be based on Invoice Price.

         10.2     Except for the Guaranteed Minimum Royalty payments required in
                  advance hereunder, Licensee shall make its royalty payments to
                  Licensor  on a  quarterly  basis,  together  with a  statement
                  setting  forth the quarterly  sales of the Licensed  Products,
                  said  payments  and  statement  being due no later than thirty
                  (30) days following the end of each Contract Year quarter. All
                  royalty payments shall be made in U.S. Dollars. Such sales and
                  royalty statements are due quarterly regardless of whether any
                  quarterly payments are due.

         10.3     On or  before  the 15th day of each  month  (except  the first
                  month)  during  the  term of this  Agreement,  Licensee  shall
                  submit to Licensor a report in English, in a form satisfactory
                  to  Licensor,  which  shall set  forth,  with  respect  to the
                  previous  month  and  with  respect  to each  product  line of
                  Licensed  Products  handled by licensee,  the Invoice Price of
                  the  Licensed  Products,  the  number  of  units  of  Licensed
                  Products  sold,  the  number  of  units of  Licensed  Products
                  remaining  in  inventory  at the  end  of  such  month,  and a
                  comparison of Licensee's Invoice Price with the projections in
                  its  annual  marketing  plan  with  respect  to  the  Licensed
                  Products.

         10.4     Licensee agrees to pay, at a minimum, the following Guaranteed
                  Minimum Royalties to Licensor during the Initial Term:

                        Contract Year 1:  $15,000.00
                        Contract Year 2:  $22,500.00
                        Contract Year 3:  $30,000.00
                        Contract Year 4:  $37,500.00
                        Contract Year 5:  $45,000.00

                  If at the end of the First  Contract Year  Licensee's  royalty
                  payments  to Licensor  fail to reach or exceed the  Guaranteed
                  Minimum   Royalties   for  the  First   Contract   Year  (i.e.
                  $15,000.00),  Licensee will pay to Licensor an amount equal to
                  the  shortfall.  Such payment  shall be due within thirty (30)
                  days following the conclusion of the First Contract Year.

                  Beginning  with  the  Second  Contract  Year,  and  continuing
                  thereafter throughout the Initial Term and, if applicable, the
                  First Renewal Term and the Second Renewal Term, Licensee shall
                  pay to  Licensor  the  Guaranteed  Minimum  Royalty  for  each
                  Contract Year within thirty (30) days of the beginning of that
                  Contract Year, The Guaranteed  Minimum  Royalty for a Contract
                  Year shall be credited  against the actual  royalties  due for
                  that  Contract  Year until such time as actual  royalties  due
                  exceed  the  Guaranteed  Minimum  Royalty.  Licensee  may  not
                  carryover from one Contract Year to another  Contract Year the
                  Guaranteed Minimum Royalties paid in one Contract Year.

                  If  Licensee  effectively  renews this  Agreement  pursuant to
                  Section 9.2 hereof for the First Renewal  Term,  then Licensee
                  agrees to pay, at a minimum,  the following Guaranteed Minimum
                  Royalties to Licensor during the First Renewal Term:

                        Contract Year 6:  $60,000,00
                        Contract Year 7:  $75,000.00
                        Contract Year 8:  $90,000.00
                        Contract Year 9:  $105,000.00
                        Contract Year 10: $120,000.00

                                                                         Page 10
<PAGE>

                  If  Licensee effectively  renews this  Agreement  pursuant  to
                  Section 9.2 hereof for the Second  Renewal Term, then Licensee
                  agrees  to  pay,  at a  minimum, of the  following  Guaranteed
                  Minimum Royalties to Licensor during the Second Renewal Term:

                        Contract Year 11:  $150,000.00
                        Contract Year 12:  $180,000.00
                        Contract Year 13:  $210,000.00
                        Contract Year 14:  $240,000.00
                        Contract Year 15:  $270,000.00

         10.5     Licensee  agrees that it shall maintain the following  minimum
                  sales  (hereinafter  "Minimum  Sales"),  based on the  Invoice
                  Price, for each Contract Year during the Initial Term:

                        Contract Year 1:  $500,000.00
                        Contract Year 2:  $750,000.00
                        Contract Year 3:  $1,000,000.00
                        Contract Year 4:  $1,250,000.00
                        Contract Year 5:  $1,500,000.00

                  If  Licensee  effectively  renew this  Agreement  pursuant  to
                  section 9.2 hereof for the First Renewal  Term,  then Licensee
                  agrees that it shall  maintain the  following  Minimum  Sales,
                  based on the Invoice Price,  for each Contract Year during the
                  First Renewal Term:

                        Contract Year 6:  $2,000,000.00
                        Contract Year 7:  $2,500,000.00
                        Contract Year 8:  $3,000,000.00
                        Contract Year 9:  $3,500,000.00
                        Contract Year 10: $4,000,000.00

                  If  Licensee  Effectively  renews this  Agreement  pursuant to
                  Section 9.2 hereof for the Second Renewal Term,  then Licensee
                  agrees that it shall  maintain the  following  Minimum  Sales,
                  based on Invoice  Price,  for each  Contract  Year  during the
                  Second Renewal Term:

                        Contract Year 11:  $5,000,000.00
                        Contract Year 12:  $6,000,000.00
                        Contract Year 13:  $7,000,000.00
                        Contract Year 14:  $8,000,000.00
                        Contract year 15:  $9,000,000.00

         10.6     The amount of  royalties  to be paid to  Licensor  by Licensee
                  hereunder  has  been  determined  on  the  understanding  that
                  Licensee  will be entitled to deduct any required  withholding
                  taxes and Licensor will be entitled to a tax credit for United
                  States  federal income tax purposes equal to the amount of any
                  tax  imposed  in  the  Territory  upon  Licensor's  royalties,
                  whether  imposed by withholding  or otherwise.  Licensee shall
                  provide such  documentation as may be necessary to reflect all
                  taxes paid on  Licensor's  behalf.  In the event that any such
                  tax is not  available  as a credit for United  States  federal
                  income tax purposes for the period when paid the royalty to be
                  paid  hereunder  shall be  recalculated  to reflect the actual
                  loss of revenue to Licensor.

                                                                         Page 11
<PAGE>

         10.7     All  payments  due  under  this  Agreement  shall  be  sent as
                  instructed by Licensor from time to the time.

         10.8     All  references to dollars in this  Agreement  shall mean U.S.
                  dollars.  All  royalties  and Minimum  Royalties due hereunder
                  shall be paid in U.S. dollars,  and the currency conversion to
                  U.S.  dollars for each quarter shall be made at the prevailing
                  spot conversion rate published in the Wall Street Journal (New
                  York  City  Edition)  for the last day of the  month  for each
                  quarter.

11.      BOOKS AND RECORDS

         11.1     Licensee  shall  keep and  maintain  at its  regular  place of
                  business,  or at such off-site  documents  storage facility as
                  Licensee  shall use from time to time for the retention of its
                  business records generally,  complete and accurate records and
                  accounts in  accordance  with  Generally  Accepted  Accounting
                  Principles showing the business  transacted in connection with
                  the Licensed  Products  Manufactured and sold pursuant to this
                  Agreement,  including without  limitation records and accounts
                  relating to sales,  shipments and orders for Licensed Products
                  for at least six(6) years following the creation of the record
                  or account.

         11.2     Within  thirty (30) days  following  the end of each  Contract
                  Year,  and within  thirty (30) days after the  termination  of
                  this Agreement, Licensee shall deliver to Licensor a statement
                  signed by an authorized  officer of Licensee  reporting actual
                  sales of the  Licensed  Products  (based  on  Invoice  Price),
                  royalties due and royalties paid during the preceding Contract
                  Year.  In the  case of  termination  of this  Agreement,  such
                  information  shall  be  provided  for  the  period  ending  at
                  termination.

         11.3     Licensor,  or its duly authorized  agents or  representatives,
                  shall have  access to and the right to examine all records and
                  accounts  that  Licensee is  required to maintain  pursuant to
                  this Section 11 at  Licensee's  premises,  or at such off-site
                  documents  storage facility as Licensee shall use from time to
                  time for the retention of its business records generally.  Any
                  such  examination  will be at  Licensor's  expense and will be
                  conducted  during normal business hours upon reasonable  prior
                  notice,  which shall be no less than three (3) business  days.
                  Should an audit disclose that Licensee underpaid royalties for
                  any given year,  Licensee  shall  forthwith  and upon  written
                  demand pay Licensor the amount owed,  together  with  interest
                  thereon,  at a rate of ten percent (10%) per annum  calculated
                  from the due date of such royalties.  Further, should an audit
                  disclose  that  Licensee   overpaid   royalties  by  a  margin
                  exceeding  five  percent  (5%)  in any  given  year,  or  that
                  Licensee  underpaid  royalties  for any given  year,  Licensee
                  shall pay for all costs relating to the audit.

         11.4     Throughout  the term of this  Agreement,  Licensee  agrees  to
                  provide to Licensor on an annual basis, a statement  certified
                  by an independent  public  accounting  firm to the effect that
                  Licensee's business is in sound financial condition.

                                                                         Page 12

<Page>

12.      TERMINATION

         12.1     In the event  either party  commits a material  breach of this
                  Agreement,  the other  party may,  upon thirty (30) days prior
                  written notice,  terminate the Agreement,  provided,  however,
                  that the  Agreement  shall not be  terminated if the breaching
                  party  cures the breach  within  said  thirty  (30) days after
                  receipt of said notice.

         12.2     Notwithstanding  anything  to the  contrary  in Section  12.1,
                  Licensor  shall  have the right to  terminate  this  Agreement
                  immediately  upon notice to  Licensee if any of the  following
                  events occur:

                  (a)      More  than  once  during  any  Contract   Year,   any
                           installment of royalty  payments is not paid when due
                           and such  default  continues  for more  than five (5)
                           business days; or

                  (b)      Licensee  fails to pay Guaranteed  Minimum  Royalties
                           for any Contract  Year within thirty (30) days of the
                           beginning  of that  Contract  Year,  as set  forth in
                           Section 10.4 hereof; or

                  (c)      Licensee  fails  to  meet  the  Minimum  Sales  for a
                           Contract Year, as set out in Section 10.5 herein; or

                  (d)      Licensee  knowingly  or  negligently  (or  Licensee's
                           third-party  manufacturers)  fails to manufacture the
                           Licensed  Products in accordance  with the provisians
                           of this  Agreement  (including,  but not  limited to,
                           Section 7 or Section 19 of this Agreement); or

                  (e)      Licensee  fails  to  secure  Licensor's  approval  as
                           required  herein  and/or  breaches  any  provision of
                           Section 6 of this Agreement; or

                  (f)      Licensee intentionally uses the Licensed Mark, or any
                           other mark  belonging  to  Licensor,  in a manner for
                           which rights therein have not been granted; or

                  (g)      Licenser at any time directly or in directly contests
                           or  assists  any  other  person  in  contesting   the
                           validity of any of the  Intellectual  Property Rights
                           or the right,  title and  interest of Licensor to the
                           Intellectual  Property  Rights anywhere in the world;
                           or

                  (h)      Licensee  commits  any mated  fraud upon  Licensor in
                           connection   with  the   performance   of  Licensee's
                           obligations hereunder; or

                  (i)      Licensee makes an  intentional  or negligent  written
                           material misrepresentation pertaining to sales of the
                           Licensed   Products  or  pertaining  to  use  of  the
                           Licensed Mark or

                  (j)      Licensee's   present   ownership  or  its  manner  of
                           conducting  business  is changed  without  Licensor's
                           prior written consent or

                  (k)      Licensee  attempts  to assign this  Agreement  to any
                           apparel  competitor  of  the  Champion   Athleticwear
                           division of Sara Lee  Corporation,  including but not

                                                                         Page 13

<PAGE>

                           limited to Nike,  Russell,  Gildan,  Reebok,  Adidas,
                           Umbro,  Starter,  Fruit  of the  Loom,  Vanity  Fair,
                           Warnaco,  and any parent companies,  subsidiaries, or
                           affiliates of these named brands or companies; or

                  (l)      Licensee  fails to make sales of any line of Products
                           bearing  the  Licensed  Mark for a period  of six (6)
                           months or more; or

                  (m)      Licensee  challenges the validity of this  Agreement;
                           or

                  (n)      Licensee  challenges  Licensor's rights in and to the
                           Champion  and/or  Champion Script Logo marks anywhere
                           in the world.

                  Upon  termination of this  Agreement  pursuant to this Section
                  12.2,  Licensee's right to use the Licensed Mark and all other
                  Intellectual  Property Rights pursuant to this Agreement shall
                  immediately  cease,  and any  remaining  inventory of Licensed
                  Products  shall  be  delivered,   at  Licensee's  expense,  to
                  Licensor.  Licensor shall not be charged for, nor obligated to
                  pay any monies for such remaining  inventory Upon  termination
                  or expiration of this Agreement,  Licensee shall not knowingly
                  do any act or thing  that  would  have the  effect of  causing
                  another person to believe that Licensee is still associated or
                  connected with Licensor.

         12.3     Notwithstanding  anything to the  contrary in Section  12.1 or
                  12.2,  if Licensee  files a petition in  bankruptcy,  or by an
                  equivalent  proceeding  is  adjudicated  a  bankrupt,  or if a
                  petition  in  bankruptcy  is  filed  against  Licensee,  or if
                  Licensee  becomes  insolvent  or makes an  assignment  for the
                  benefit  of  creditors  or  any  arrangement  pursuant  to any
                  bankruptcy law, or if Licensee discontinues its business or if
                  a receiver is appointed for  Licensee,  this  Agreement  shall
                  automatically  terminate  without any notice  whatsoever being
                  necessary,  to the full extent allowed by applicable  law. All
                  royalties  on  sales  made  prior  to such  act  shall  become
                  immediately  due and payable.  In the event this  Agreement is
                  terminated pursuant to this section,  Licensee, its receivers,
                  representatives,  trustees, agents, administrators, successors
                  and/or  assigns,  shall  have  no  right  to  sell  any of the
                  Licensed  Products  covered by this Agreement  except with the
                  special consent and written  instructions  of Licensor,  which
                  instructions  shall be followed.  The  non-assumption  of this
                  Agreement by a trustee presiding over a bankruptcy  proceeding
                  pursuant to any  bankruptcy law where the Licensee is named as
                  a  debtor   shall   operate  to   terminate   this   Agreement
                  automatically,  without any notice whatsoever being necessary,
                  effective as of the date of the commencement of die bankruptcy
                  proceeding.

         12.4     Upon  expiration or  termination of this  Agreement,  Licensee
                  shall cease using the Licensed Mark provided,  however, that -
                  unless such termination is pursuant to Sections 12.2 or 12.3 -
                  Licensee  may,  for a period  of no more  than six (6)  months
                  after expiration or termination,  sell and distribute Licensed
                  Products  existing in inventory on the date of  expiration  or
                  termination.  Licensee  remains  liable for the payment of all
                  royalties based on those sales and must otherwise  comply with
                  the  terms  of this  Agreement.  If at the end of said six (6)
                  month Licensee still possesses inventory of Licensed Products,
                  said  remaining  inventory  shall be delivered,  at Licensee's
                  expense, to Licensor, and Licensee's right to use the Licensed
                  Mark pursuant to this  Agreement  shall cease.  Licensor shall
                  not be charged for,  nor  obligated to pay any monies for such
                  remaining inventory.

                                                                         Page 14
<PAGE>

         12.5     Licensee  acknowledges and confirms that damages may not be an
                  adequate remedy for breach of its obligations and undertakings
                  stated  in  Sections   3,6,7,8,12,14,16,17,   or  19  of  this
                  Agreement  (including their subsections) and that accordingly,
                  without  prejudice to any other right or remedy that  Licensor
                  may have,  Licensor shall be entitled to obtain an injunction,
                  including but not limited to an EX PARTE injunction,  or other
                  equitable  relief to prevent Licensee from acting in breach of
                  its said obligations and undertakings.

13.      INDEMNIFICATION

         13.1     Except as provided in Section 14 below, Licensee hereby agrees
                  to pay in cash on behalf of  Licensor  and to defend and hold
                  Licensor, its shareholders,  directors,  officers,  employees,
                  agents and  customers  harmless  from and  against any and all
                  claims,  suits,   proceedings,   fines,   penalties,   losses,
                  liabilities,  causes of action, settlments, costs, damages, or
                  expenses,    including   reasonable    attorney's   fees   and
                  disbursements,  arising  out of or  incidental  to  Licensee's
                  manufacturer,  packaging,  sale,  marketing or distribution of
                  the Licensed  Products  and/or arising out of or incidental to
                  the  consumption  of  Licensed  Products,  including  but  not
                  limited to bodily injury to any person  (including  death) and
                  property damage. This indemnification  provision shall survive
                  the termination of this Agreement.

14.      TRADEMARK ENFORCEMENT

         14.1     Licensee agrees to notify Licensor of any  unauthorized use of
                  the  Licensed  Mark  by  others,   promptly  as  it  comes  to
                  Licensee's  attention.  Licensor shall have the sole right and
                  discretion  to  bring   infringement   actions  involving  the
                  Licensed  Mark, and any award received by Licensor in any such
                  action shall belong solely to Licensor.

         14.2     In the  event  that  a  third  party  institutes  a  trademark
                  infringement  action against  Licensee arising from Licensee's
                  proper and  authorized  use of the Licensed  Mark  pursuant to
                  this  Agreement,  Licensee shall promptly  notify Licensor and
                  Licensor  shall defend,  at its own expense,  any such action.
                  Licensee  shall   cooperate  in  such  defense  as  reasonably
                  requested by  Licensor.  Licensor  shall pay any  settlements,
                  costs,  damages, or expenses,  including reasonable attorneys'
                  fees,  resulting  from any such action.  Any award received by
                  Licensor in such action shall belong solely to Licensor.

15.      INSURANCE

         15.1     Licensee  shall  obtain  and  maintain,  at its own  cost  and
                  expense,  Commercial General Liability  insurance and Umbrella
                  liability  insurance  written on an occurrence  basis with the
                  following coverage and limits:

                                                        Limits
                                                        ------
                  General  Aggregate Limit            $5,000,000
                  Products/Completed
                    Operations Aggregate Limit        $3,000,000
                  Personal and Advertising
                    Injury-Per Injury                 $3,000,000

                                                                         Page 15
<PAGE>

         15.2     Licensor  shall  be  named  as an  additional  insured  on the
                  Commercial  General Liability  policy.  Licensee shall provide
                  Licensor with a certificate of insurance evidencing all of the
                  required coverage. The certificate shall also provide evidence
                  that the policy has been amended to afford at least thirty(30)
                  days  advance  written  notice to  Licensor  of  cancellation,
                  nonrenewal   or  material   change  of  any  of  the  required
                  coverages.

16.      ASSIGNMENT OR SUBLICENSE

         16.1     This  Agreement  and all its rights and duties  hereunder  are
                  personal to Licensee and shall not, without the prior, written
                  consent  of  Licensor   (which   shall  not  be   unreasonably
                  withheld), be transferred,  assigned, sublicensed or otherwise
                  encumbered by Licensee or by operation of law.

         16.2     Licensor  may assign any of its rights or delegate  any of its
                  duties arising out of or under this Agreement.

         16.3     Should ownership of the Licensed Mark be assigned by Licensor,
                  then, upon such  assignment,  Licensor shall assign all of its
                  rights and delegate all of its duties under this  Agreement to
                  the assignee of the Licensed  Marks and Licensee  shall,  with
                  effect from the date of such assignment, release and discharge
                  Licensor from all claims and demands  whatsoever in respect of
                  this  Agreement  relating to the period  after the date of the
                  assignment  and  shall,  from  the date of such  assignment  ,
                  accept the assignee as the owner of the Licensed Mark.

17.      CONFIDENTIALITY

         17.1     The terms of this  Agreement and all  merchandising  know-how,
                  specifications, plans, patterns, outlines, designs, creations,
                  formulae,  and other data and information of any kind obtained
                  by  Licensee  from  Licensor or  developed  by Licensee or any
                  third party for use in connection with this Agreement shall be
                  kept  confidential  and shall not be disclosed or used for the
                  benefit of Licensee or any third  party  except in  accordance
                  with  the   terms  of  this   Agreement.   Such   confidential
                  information shall be revealed to employees of Licensee only to
                  the extent reasonably necessary to enable Licensee to exercise
                  the full rights granted hereunder, and Licensee agrees to bind
                  its officers and key  employees,  including but not limited to
                  those  employees  to whom  such  confidential  information  is
                  revealed.

18.      MEDIA RELATIONS

         18.1     Licensee  agrees  that all press  releases  and  other  public
                  announcements  related  in any  way to this  Agreement,  or to
                  Licensee's  or  Licensor's  operations  hereunder,   shall  be
                  subject to approval by  Licensor,  and that each request for a
                  statement, release or other

                                                                         Page 16

<Page>

                  inquiry shall be sent in writing to the  advertising/publicity
                  director of Licensor for response.

19.      CODE OF CONDUCT: APPROVED FACILITIES

         19.1     Licensor is committed to using  manufacturing  facilities that
                  operate under responsible, safe and humane conditions. To that
                  end,  Licensor  agrees  that  Licensee  shall be  entitled  to
                  manufacture the Licensed Products in only those  manufacturing
                  facilities  (third-party  or  owned)  for which  Licensee  has
                  obtained Licensor's prior written approval (and which approval
                  has not  been  subsequently  revoked  by  Licensor).  Licensor
                  hereby approves the use of the manufacturing facilities listed
                  on  Exhibit  1  attached  hereto.  Licensee  shall  submit  to
                  Licensor  a  request   for   approval  to  utilize  any  other
                  manufacturing  facility  (third-party  or  owned)  in the form
                  attached  hereto as Exhibit 2, which approval may be withheld,
                  conditioned or revoked in Licensor's sole discretion. Licensee
                  acknowledges that Licensor may require Licensee to provide, at
                  Licensee's   expense,   evidence   of   satisfactory   working
                  conditions  at the  facility,  including,  but not limited to,
                  independent  third-party  audits.  In the event that  Licensee
                  uses a third  party  to  manufacture  the  Licensed  Products,
                  Licensee shall nevertheless  remain primarily  obligated under
                  all of the provisions of this  Agreement.  Licensee  agrees to
                  advise  Licensor  promptly in writing of any violations of the
                  provisions  of this  Agreement by my such  facility and of the
                  corrective  actions taken by Licensee and the results thereof.
                  Licensee  shall  inform  Licensor  in writing  if an  approved
                  facility is sold and must receive  Licensor's written approval
                  of the new  entity  before  production  may  resume.  The word
                  "sold" as used in the preceding  sentence includes a change of
                  controlling interest.

         19.2     Licensee has received a copy of Sara Lee Corporation's  Global
                  Business   Standards   and   Supplier   Selection   Guidelines
                  (collectively   the   "Guidelines")   and  shall  provide  the
                  Guidelines to any and all vendors or  manufacturers  appointed
                  under this Agreement.  Licensor shall provide  Licensee with a
                  sufficient  number of copies of the  Guidelines  at no cost to
                  Licensee  in  the  local  language(s)  of the  management  and
                  employees  producing  the  product.  Licensee  shall cause the
                  Guidelines to be posted at all times in all  facilities  where
                  Licensed   Products   are   manufactured.    Licensee   hereby
                  represents,  warrants and  covenants  that it (i) has reviewed
                  and understands the Guidelines and has or will verify that any
                  third party which manufacturers Licensed Products has reviewed
                  and understands  the Guidelines and (ii) Licensee,  as well as
                  any  third  party  which  manufactures  Licensed  Products  is
                  presently in compliance and will remain in compliance with all
                  terms and  provisions of the  Guidelines  for the term of this
                  Agreement.  Licensee will notify  Licensor  immediately  if it
                  becomes  aware that a violation of the  standards set forth in
                  the Guidelines has occurred.

         19.3     Licensee  shall  immediately,  at its own  expense,  have each
                  facility  (third-party  and owned) it uses to produce Licensed
                  Products independently audited by a firm approved by Licensor,
                  for compliance  with these or such similar  Guidelines as Sara
                  Lee may require from time to time. Audits to ensure compliance
                  to the  Guidelines  shall  be  conducted  at  least  annually.
                  Licensee  shall  provide  Licensor  with a copy  of the  audit
                  report. If, in Licensor's discretion,  the audit indicates the
                  need for  improvement  or change,  such  changes  must be made
                  within  thirty (30) days or the approval of such facility will
                  be terminated pursuant to Section 12.2 and Licensor shall have
                  the right to

                                                                         Page 17

<PAGE>

                  require  Licensee  to  immediately  cease  production  of  the
                  Licensed  Products at such  facilities  and/or,  at Licensor's
                  sole  discretion,  this  Agreement  may be  terminated  in its
                  entirety.

         19.4     Licensor retains the right,  with or without prior notice,  at
                  Licensor's   expense,   to  conduct  its  own  or  independent
                  third-party   inspection   and  audit  of  Licensee   and  any
                  third-party  manufacturer which manufactures Licensed Products
                  for compliance with the Guidelines or such similar  guidelines
                  as Licensor may  establish  from time to time.  Licensee  also
                  understands  and agrees that  Licensor may  publicly  disclose
                  information  relating to  Licensee's  owned and  subcontracted
                  facilities as Licensor sees fit.

20.      MISCELLANEOUS

         20.1     In the event that either party shall,  at any time,  waive any
                  of its rights under this Agreement,  or the performance by the
                  other party of any of its obligations  hereunder,  such waiver
                  shall  not be  construed  as a  continuing  waiver of the same
                  rights  or  obligations  or a waiver  of any  other  rights or
                  obligations.

         20.2     This Agreement  constitutes the entire  agreement  between the
                  parties  as to  the  Licensed  Mark  and no  modifications  or
                  revisions  thereof  shall be of any force or effect unless the
                  same are in writing and executed by the patties hereto.

         20.3     Any  provisions  of this  Agreement  which  are,  or  shall be
                  determined  to be,  invalid  shall  be  ineffective,  but such
                  invalidity shall not affect the remaining  provisions  hereof.
                  The titles to the sections herein are for convenience only and
                  have no substantive effect.

         20.4     This Agreement is binding upon the parties hereto, any parent,
                  subsidiary and affiliated  companies and their  successors and
                  assigns.

         20.5     Licensee  shall  be  responsible   for  compliance   with  the
                  requirements  of all  local  laws in the  countries  where  it
                  manufactures,  markets,  distributes  or  sells  the  Licensed
                  Products,  except for  obligations  with  respect to filing as
                  registered  user or similar  obligations  where required under
                  applicable  trademark  law. It is understood  that Licensor is
                  responsible  for the  costs and fees for,  or  incidental  to,
                  obtaining trademark registrations.

         20.6     This  Agreement  shall be  construed  in  accordance  with and
                  governed  by  the  laws  of  the  State  of  North   Carolina,
                  applicable  to  contracts  made  and  to be  wholly  performed
                  therein  without  regard to its  conflicts  of law rules.  Any
                  action or proceeding  arising out of or relating in any way to
                  this  Agreement,  shall be brought and  enforced in the United
                  States  District  Court  for  the  Middle  District  of  North
                  Carolina  or, if such  courts do not have,  or do not  accept,
                  subject matter jurisdiction over the action or proceeding,  in
                  the  courts  of the  State of North  Carolina  and each  party
                  hereby  consents  to the  personal  jurisdiction  of each such
                  court in respect of any such action or proceeding. Each of the
                  parties  hereby  consents  to  service  of process in any such
                  action or  proceeding  by the  mailing  of copies  thereof  by
                  Registered or Certified Mail, postage prepaid,  return receipt
                  requested,   to  it  at  its  address   provided  for  notices
                  hereunder.  The foregoing  shall not limit the right of any of
                  the parties to serve process in any other manner  permitted by
                  law or to obtain execution or enforcement of any judgment in

                                                                         Page 18

<PAGE>

                  any other jurisdiction.  Each of the parties hereby waives (a)
                  any objection  that it may now or hereafter have to the laying
                  of venue of any action or proceeding  arising under or related
                  to  the  Agreement  in  a  court  located  in  the  cities  of
                  Winston-Salem  or  Greensboro,  or a court  located in Forsyth
                  County, North Carolina;  (b) any claim that a court located in
                  Winston-Salem,  Greensboro,  or Forsyth County, North Carolina
                  is not a convenient  forum for any such action or  proceeding;
                  and  (c) any  claim  that it is not  subject  to the  personal
                  jurisdiction  of the  United  States  District  Court  for the
                  Middle  District  of North  Carolina  or of the  courts of the
                  State of North  Carolina  located  in  Forsyth  County,  North
                  Carolina.

         20.7     This Agreement may be executed in any number of  counterparts,
                  each of which shall be deemed to be an original,  but all such
                  counterparts  shall  together  constitute  one  and  the  same
                  Agreement.

         20.8     All  notices  required  hereunder  shall  be  in  writing  and
                  dispatched  by  overnight  courier  addressed  to  Licensee or
                  Licensor  as set  forth  below,  and shall be  effective  upon
                  receipt;

                  Licensor:     Sara Lee Global Finance,  L.L.C.
                                204F Weldin Building
                                3411 Silverside
                                Wilmington Delaware  19801

                  Copies to:    Vice President Marketing
                                Champion Athleticwear
                                1000 E. Hanes Mill Road
                                Winston-Salem, North Carolina 27105

                                AND

                                Chief Counsel -  Intellectual  Property
                                Sara Lee Corporation
                                1000 E. Hanes Mill Road
                                Winston-Salem, North Carolina 27105

                  Licensee:     Championlyte, Inc.
                                3350 N.W. Boca Raton Boulevard,  Suite A-28
                                Boca Raton, Florida 33431

                  Copies to:    __________________________

                                                                         Page 19

<Page>

         IN WITNESS  WHEREOF,  the  parties  have caused  this  Agreement  to be
executed by their duly authorized officers.

Date:                                   SARA LEE GLOBAL FINANCE, L.L.C.
     ------------------------
                                        By:
                                            ----------------------------

                                        Name:
                                              --------------------------

                                        Title:
                                               -------------------------

Date:                                   CHAMPIONLYTE, INC.
     ------------------------
                                        By:
                                            ----------------------------

                                        Name:
                                              --------------------------

                                        Title:
                                               -------------------------

                                                                         Page 20

<PAGE>

                                    EXHIBIT 1

                      PRE-APPROVED MANUFACTURING FACILITIES

Licensee:  ChampionLyte,  Inc.

Name of Manufacturer(s):

Name of  Manufacturing  Facility(ies)

Location  of  Manufacturing  Facility(ies):

Licensed Products:   Sugar-free sports drinks and sugar-free
                     non-carbonated soft drinks bearing the CHAMPION LYTE mark

         Subject to the terms and provisions set forth in the License  Agreement
dated April 1,2003,  between Sara Lee Global Finance,  L.L.C.  ("Licensor")  and
ChampionLyte, Inc. ("Licensee"),  Licensor hereby consents to the manufacture of
the Licensed  Products by the  manufacture  at the  manufacturing  facility(ies)
mentioned above upon the following if any, conditions:

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

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

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

                                        By:
                                            ----------------------------

                                        Name:
                                              --------------------------

                                        Title:
                                               -------------------------

                                        Date:
                                              --------------------------

Licensee  warrants and covenants that the above-named  facility(ies)  currently,
and during the time the facility(ies) manufactures Licensed Products, adheres to
Sara Lee Supplier Selection Guidelines.

                                        By:
                                            ----------------------------

                                        Name:
                                              --------------------------

                                        Title:
                                               -------------------------

                                        Date:
                                              --------------------------

                                                                         Page 21

<Page>

                                    EXHIBIT 2

                REQUEST FOR APPROVAL OF MANUFACTURING FACILITIES

Licensee:  ChampionLyte,  Inc.

Name of Manufacturer:

Name of Manufacturing Facility:

Location of Manufacturing Facility(ies):

Name of Third-Party Audit Firm:

Date Compliance Audit Completed:

Result of Audit:

Licensed Products:      Sugar-free sports drinks and sugar-free non-carbonated
                        soft drinks bearing the CHAMPION LYTE mark

                                        By:
                                            ----------------------------

                                        Name:
                                              --------------------------

                                        Title:
                                               -------------------------

                                        Date:
                                              --------------------------

                                                                         Page 22

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