Document:

EXHIBIT 4.2

         THE SECURITY REPRESENTED HEREBY, AND THE SECURITIES ISSUABLE UPON
         CONVERSION OR REDEMPTION HEREOF, HAVE NOT BEEN REGISTERED UNDER THE
         SECURITIES ACT OF 1933 OR ANY STATE SECURITIES LAWS AND NEITHER SUCH
         SECURITIES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, TRANSFERRED,
         PLEDGED OR OTHERWISE DISPOSED OF EXCEPT PURSUANT TO AN EFFECTIVE
         REGISTRATION STATEMENT UNDER SUCH ACT OR SUCH LAWS OR AN EXEMPTION FROM
         REGISTRATION UNDER SUCH ACT AND SUCH LAWS WHICH, IN THE OPINION OF
         COUNSEL FOR THE HOLDER, WHICH COUNSEL AND OPINION ARE REASONABLY
         SATISFACTORY TO COUNSEL FOR THIS COMPANY, IS AVAILABLE.

             UNSECURED SUBORDINATED 12% CONVERTIBLE PROMISSORY NOTE

No. MAX-001

US$100,000                                                       June 30th, 2005

         THIS NOTE is one of a duly authorized issue of unsecured Notes (a
"NOTE" or the "NOTES") of XStream Beverage Network, Inc., a corporation duly
organized and validly existing under the laws of the State of Nevada ("XSTREAM"
or "COMPANY"). The Notes are designated as the UNSECURED SUBORDINATED 12%
CONVERTIBLE PROMISSORY NOTES, in an aggregate maximum principal face value for
all Notes of this series (the "Series") of One Million Four Hundred Thousand and
no/100 United States Dollars (US $1,400,000) [up to $4,000,000].

         FOR VALUE RECEIVED, the Company promises to pay to the registered
holder hereof and its successors and assigns (the "Holder"), the principal sum
of One Hundred Thousand Dollars ($100,000.00), or such other amount as shall
then equal the outstanding principal amount hereof, in accordance with the terms
hereof, and to pay interest on the principal sum outstanding, at the rate of
twelve percent (12%) per annum. Accrual of interest on the outstanding principal
amount shall commence on the date hereof and shall continue until payment in
full of the outstanding principal amount has been made or duly provided for, or
until the entire outstanding principal amount of the Note has been converted.

         Pursuant to the offering documents, as amended or supplemented, which
include a copy of the Company Form 10-KSB filed with the Securities and Exchange
Commission on April 14, 2005, subscription agreement, confidential prospective
purchaser questionnaire and common stock purchase warrant (collectively the
"OFFERING DOCUMENTS"), the Company is offering ("PRIVATE OFFERING") a minimum of
30 units and a maximum of 40 units, subject to an over-allotment option of up to
six (6) additional units, at a purchase price of $100,000 per unit, each unit
consisting of: (i) a $100,000 Note; (ii) 100,000 warrants to purchase shares of

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common stock of the Company (the "WARRANTS"); and (iii) 10,000 shares of the
Company's common stock, par value $0.001 per share ("COMMON STOCK"). The holder
of this Note is also subject to the terms and restrictions set forth in the
Offering Documents and shall be entitled to certain rights and privileges as set
forth in the Offering Documents.

         The following is a statement of the rights of the Holder of this Note
and the terms and conditions to which this Note is subject, and to which the
Holder, by acceptance of this Note, agrees:

         1. Principal Repayment. The outstanding principal amount of this Note
shall be paid on or before July 6, 2005, 2006 (the "MATURITY DATE"), unless this
Note has been converted as described below.

         2. Interest. The holders of the Notes are entitled to receive interest
at an annual cumulative rate of twelve percent (12%) of the principal face
dollar value of the Notes held, payable quarterly (each, an "INTEREST PAYMENT
DATE") (January 1, April 1, July 1 and October 1, with the first interest
payment due on August 1, 2005, and any accrued but unpaid interest to be paid on
the Maturity Date or earlier conversion of the Note) in cash out of funds
legally available therefore.

         Interest payments for the period between the applicable closing of the
Private Offering and the next interest payment date shall be pro rated based
upon the actual number of days elapsed, assuming a 360 day year. The first
interest payment to be made on the Notes will be due on August 1, 2005.

         3. Conversion.

            (a) At the Holder's option, if, at any time prior to payment in full
of the principal balance of this Note, the Company sells any of its securities
in a registered public offering ("SUBSEQUENT FINANCING TRANSACTION"), Holder may
elect to convert all or any portion of this Note into shares of the Company's
Common Stock at eighty percent (80.0%) of the offering price of the Company's
Common Stock in such Subsequent Financing Transaction ("SUBSEQUENT VALUATION
PRICE"). The Company shall notify Holder in writing of the completion of a
Subsequent Financing Transaction within three (3) business days thereafter and
shall indicate in writing to Holder the Subsequent Valuation Price in the
Subsequent Financing Transaction. Holder shall thereafter have ten (10) business
days to elect to either convert all or any portion of this Note into Common
Stock at the then applicable Subsequent Valuation Price. In the event a Holder
does not convert all or any portion of this Note into Common Stock after
notification of a Subsequent Financing Transaction, Holder shall continue to be
entitled to elect to convert this Note in any Subsequent Financing Transaction
that occurs thereafter, in accordance with the terms of this Section 3(a), prior
to the Maturity Date.

            (b) On the Maturity Date Holder shall have the option to convert all
or any portion of this Note then outstanding into shares of the Company's Common
Stock at a price per share that is equal to $1.50 per share ("OTHER CONVERSION
Price"), subject to adjustment as described below. Holder shall notify the
Company within three (3) business days after the Maturity Date of its election
to either convert all or a portion of the then remaining outstanding balance of
this Note into Common Stock.

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            (c) Mechanics of Conversion. Upon any conversion of this Note, (i)
such principal amount converted and all accrued but unpaid interest thereon
shall be converted and such converted portion of this Note shall become fully
paid and satisfied, (ii) the Holder shall surrender and deliver this Note, duly
endorsed, to the Company or such other address which the Company shall designate
against delivery of the certificates representing the new securities of the
Company, (iii) the Company shall promptly deliver a duly executed Note to the
Holder in the principal amount, if any, that remains outstanding after any such
conversion; and (iv) in exchange for all or any portion of the surrendered Note
described in the preceding clauses 3(a) or 3(b), the Company shall deliver to
Holder certificates representing such number of shares of Common Stock to which
Holder is entitled to receive based on its conversion of the Note, which
certificates shall bear such legends as are required, in the opinion of counsel
to the Company, pursuant to Section 5(f) hereof, any other agreement between the
Company and the Holder and applicable state and federal securities laws.

            (d) Issue Taxes. The Holder shall pay any and all issue and other
taxes that may be payable with respect to any issue or delivery of shares of
Common Stock on conversion of this Note pursuant hereto; provided, however, that
the Holder shall not be obligated to pay any transfer taxes resulting from any
transfer requested by any holder in connection with any such conversion.

            (e) Elimination of Fractional Interests. No fractional shares of
Common Stock shall be issued upon conversion of this Note, nor shall the Company
be required to pay cash in lieu of fractional interests, it being the intent of
the parties that all fractional interests shall be eliminated and that all
issuances of Common Stock shall be rounded up to the nearest whole share.

         4. Rights upon Liquidation, Dissolution or Winding Up. In the event of
any liquidation, dissolution or winding up of the Company, either voluntary or
involuntary, the holders of the Notes shall be entitled to receive, prior and in
preference to any distribution of any of the assets of the Company to the
holders of any equity security of the Company, an amount equal to the unpaid and
unconverted principal face amount of their Notes and any accrued and unpaid
interest thereon. The Holders shall share ratably with the other unsecured
creditors of the Company if the available assets are not sufficient to repay the
Notes.

         5. Adjustments.

            (a) In the event that the Company should at any time or from time to
time, after the date of this Note, fix a record date for the effectuation of a
split or subdivision of the outstanding shares of Common Stock, or the
determination of holders of Common Stock entitled to receive a dividend or other
distribution payable in additional shares of Common Stock or other securities or
rights convertible into, or entitling the holder thereof to receive directly or
indirectly additional shares of Common Stock (hereinafter referred to as "COMMON
STOCK EQUIVALENTS") without payment of any consideration by such holder for the

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additional shares of Common Stock or the Common Stock Equivalents (including the
additional shares of Common Stock issuable upon conversion or exercise thereof),
then, as of such record date (or the date of such dividend, distribution, split
or subdivision if no record date is fixed), then unless the Subsequent Valuation
Price or Other Conversion Price is otherwise automatically adjusted in
accordance with the terms of this Note, the Subsequent Valuation Price or Other
Conversion Price, as applicable, shall be appropriately decreased so that the
number of shares of Common Stock issuable on conversion of this Note shall be
increased in proportion to such increase in the aggregate number of shares of
the Common Stock outstanding.

            (b) In the event that the Company shall, at any time while all or
any portion of this Note is outstanding, sell any shares of Common Stock for a
consideration per share less than the Other Conversion Price, or issue Common
Stock Equivalents convertible into or exchangeable for Common Stock at an
exercise or conversion price below the Other Conversion Price (such lower per
share Common Stock sale price and/or derivative security exercise or conversion
price below the Other Conversion Price being referred to as the "LOWERED
CONVERSION PRICE"), then the Other Conversion Price shall immediately be changed
to the Lowered Conversion Price.

            (c) If the number of shares of Common Stock outstanding at any time
after the date of this Note is decreased by a combination of the outstanding
shares of Common Stock, then, following the record date of such combination, the
Subsequent Valuation Price or the Other Conversion Price, as applicable, shall
be appropriately increased so that the number of shares of Common Stock issuable
upon conversion of this Note shall be decreased in proportion to such decrease
in outstanding shares.

            (d) A merger, consolidation or other corporate reorganization in
which the Company's stockholders shall receive cash or securities of another
entity, or any transaction in which all or substantially all of the assets of
the Company are sold shall be treated as a liquidation for purposes of the
liquidation preference. The Holder shall receive prior notice of any of the
foregoing transactions and shall have an opportunity to convert, at their sole
election, the Note prior to the consummation of any such transaction.

            (e) Upon Holder's conversion of all or any portion of this Note,
Holder shall be granted registration rights in accordance with Annex A to the
subscription agreement which is included in the Offering Documents.

            (f) No shares of Common Stock will be issued upon conversion of this
Note unless such issuance and such conversion shall comply with all relevant
provisions of law. As a condition to any conversion of this Note, the Holder
shall make any representation or warranty to the Company, and shall enter into
and execute any agreement, as shall be reasonably required by the Company.

         6. Affirmative Covenants of the Company. The Company hereby agrees
that, so long as the Note remains outstanding and unpaid, or any other amount is
owing to the Holder hereunder, the Company will and with respect to the
agreements set forth in this Section 6 hereof:

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            (a) Corporate Existence and Qualification. Take the necessary steps
to preserve its corporate existence and its right to conduct business in all
states in which the nature of its business requires qualification to do
business.

            (b) Financial Information and Compliance Certificates. Comply with
and timely file all periodic and annual reports with the Securities and Exchange
Commission pursuant to the Securities Exchange Act of 1934, as amended. Keep its
books of account in accordance with good accounting practices, and until such
time as the Holder no longer beneficially owns the Notes or the Warrants,
promptly furnish to the Holder the following financial and other information:
(i) each of the Company's Annual Reports and Quarterly Reports; and (ii) any
press release issued by the Company or any of its subsidiaries.

            (c) Within five (5) days of any officer of the Company obtaining
knowledge of any Event of Default (as defined in Section 8), if such Event of
Default is then continuing, the Company shall furnish to the Holder a
certificate of the chief financial or accounting officer of the Company setting
forth the details thereof and the action which the Company is taking or proposes
to take with respect thereto.

            (d) Insurance. Maintain insurance with responsible and reputable
insurance companies or associations in such amounts and covering such risks as
is usually carried by companies engaged in similar businesses and owning similar
properties in the same general areas in which the Company operates and naming
the Holder as an additional insured and loss payee thereon as its interest may
appear.

            (e) Preservation of Properties; Compliance with Law. Maintain and
preserve all of its properties which are used or which are useful in the conduct
of its business in good working order and condition, ordinary wear and tear
excepted and comply with its charter and bylaws or other organizational or
governing documents, and any law, treaty, rule or regulation, or determination
of an arbitrator or a court or other governmental authority, in each case
applicable to or binding upon the Company or any of its property or to which the
Company or any of its property is subject;

            (f) Taxes. Duly pay and discharge all taxes or other claims, which
might become a lien upon any of its property except to the extent that any
thereof are being in good faith appropriately contested with adequate reserves
provided therefor.

            (g) Notice of Litigation. Promptly notify the Holder in writing of
any litigation, legal proceeding or dispute, other than disputes in the ordinary
course of business or, whether or not in the ordinary course of business,
involving amounts in excess of Fifty Thousand ($50,000.00) Dollars, affecting
either the Company or any subsidiary, whether or not fully covered by insurance,
and regardless of the subject matter thereof.

            (h) Securities Laws. The Company shall: (i) timely file with the SEC
a Form D promulgated under the Act or, as appropriate, an amendment to Form D,
as required under Regulation D and provide a copy thereof to Holder promptly
after the filing thereof, and (ii) timely file all necessary state "blue sky"
filings in connection herewith.

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            (i) Use of Proceeds. The Company will use the proceeds from the sale
of the Notes for working capital and general corporate purposes, and will not
use any portion of such proceeds for the repayment of indebtedness to any of its
officers, directors, 5% or greater shareholders, or any affiliates thereof.

            (j) Reservation of Shares. The Company shall at all times have
authorized, and reserved for the purpose of issuance, a sufficient number of
shares of Common Stock issuable upon conversion of the Notes and exercise of the
Warrants to provide for the issuance of all of such shares. Prior to complete
conversion of the Notes and exercise of the Warrants, the Company shall not
reduce the number of shares of Common Stock reserved for issuance hereunder
without the prior written consent of the Holder except for a reduction
proportionate to a reverse stock split, which reverse stock split affects all
shares of Common Stock equally.

            (k) The Company will not, by any voluntary action, avoid or seek to
avoid the observance or performance of any of the terms to be observed or
performed hereunder by the Company, but will at all times in good faith assist
in the carrying out of the provisions of this Note and in the taking of all such
action as may be necessary or appropriate in order to protect the rights of the
Holder of this Note against impairment.

         7. Negative Covenants of the Company. The Company hereby agrees that,
so long as the Note remains outstanding and unpaid, or any other amount is owing
to the Holder hereunder it will not, nor will it permit any of its subsidiaries
to:

            (a) Loans; Investments. Lend or advance money, credit or property to
or invest in (by capital contribution, loan, purchase or otherwise) any firm,
corporation, or other Person except (i) investments in United States Government
obligations, certificates of deposit of any banking institution with combined
capital and surplus of at least $200,000,000; (iii) accounts receivable arising
out of sales of inventory in the ordinary course of business; and (iii) loans to
and/or investments in subsidiaries and/or to strategic partners, including,
without limitation, joint venturers with the Company or any person with whom the
Company enters into a joint development agreement ("Strategic Partner").

            (b) Dividends and Distributions. Pay dividends or make any other
distribution on shares of its capital stock.

            (c) Contingent Liabilities. Assume, endorse, be or become liable for
or guarantee the obligations of any Person, other than any subsidiary or
Strategic Partner, contingently or otherwise, excluding however, the endorsement
of negotiable instruments for deposit or collection in the ordinary course of
business.

            (d) Sales of Receivables. Sell, discount or otherwise dispose of
notes, accounts receivable or other obligations owing to the Company, with or
without recourse, except for the purpose of collection in the ordinary course of
business.

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            (e) Capital Expenditures; Capitalized Leases. Expend in the
aggregate for the Company and all its subsidiaries in excess of $3,000,000 in
any fiscal year for Capital Expenditures (as defined below) including payments
made on account of Capitalized Leases (as defined below). For purposes of the
foregoing, Capital Expenditures shall include payments made on account of any
deferred purchase price or on account of any indebtedness incurred to finance
any such purchase price. "CAPITAL EXPENDITURES" shall mean for any period, the
aggregate amount of all payments made by any Person directly or indirectly for
the purpose of acquiring, constructing or maintaining fixed assets, real
property or equipment which, in accordance with generally accepted accounting
principles, would be added as a debit to the fixed asset account of such Person,
including, without limitation, all amounts paid or payable with respect to
Capitalized Lease Obligations and interest which are required to be capitalized
in accordance with generally accepted accounting principles. "CAPITALIZED LEASE"
shall mean any lease the obligations to pay rent or other amounts under which
constitute Capitalized Lease Obligations. "CAPITALIZED LEASE OBLIGATIONS" shall
mean as to any Person, the obligations of such Person to pay rent or other
amounts under a lease of (or other agreement conveying the right to use) real
and/or personal property which obligations are required to be classified and
accounted for as a capital lease on a balance sheet of such Person under
generally accepted accounting principles and, for purposes of this Note, the
amount of such obligations shall be the capitalized amount thereof, determined
in accordance with generally accepted accounting principles.

            (f) Lease Payments. Expend in the aggregate for the Company and all
its subsidiaries in excess of $1,000,000 in any fiscal year for the lease,
rental or hire of real or personal property pursuant to any rental agreement
therefor, whether an operating lease or otherwise, other than with respect to
Capitalized Leases.

            (g) Nature of Business. Materially alter the nature of the Company's
business or engage in any business other than the business engaged in or
proposed to be engaged in on the date of this Note.

            (h) Stock of Subsidiaries. Sell or otherwise dispose of any
subsidiary (except in connection with a merger or consolidation of a subsidiary
into the Company or another subsidiary) or permit a subsidiary to issue any
additional shares of its capital stock except pro rata to its stockholders,
except in a transaction in which the Company receive fair consideration in
exchange for such disposition.

            (i) ERISA. (i) Terminate any plan ("PLAN") of a type described in
Section 402l(a) of the Employee Retirement Income Security Act of l974, as
amended from time to time ("ERISA") in respect of which the Company is an
"employer" as defined in Section 3(5) of ERISA so as to result in any material
liability to the Pension Benefit Guaranty Corporation (the "PBGC") established
pursuant to Subtitle A of Title IV of ERISA, (ii) engage in or permit any person
to engage in any "prohibited transaction" (as defined in Section 406 of ERISA or
Section 4975 of the Internal Revenue Code of 1954, as amended) involving any
Plan which would subject the Company to any material tax, penalty or other
liability, (iii) incur or suffer to exist any material "accumulated funding
deficiency" (as defined in Section 302 of ERISA), whether or not waived,

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involving any Plan, or (iv) allow or suffer to exist any event or condition,
which presents a material risk of incurring a material liability to the PBGC by
reason of termination of any Plan.

            (j) Accounting Changes. Make, or permit any subsidiary to make any
change in their accounting treatment or financial reporting practices except as
required or permitted by generally accepted accounting principles in effect from
time to time.

            (k) Transactions with Affiliates. Except as otherwise specifically
set forth in this Note, directly or indirectly purchase, acquire or lease any
property from, or sell, transfer or lease any property to, or enter into any
other transaction, with any Company Affiliate (as defined below) of the Company,
except in the ordinary course of business and at prices and on terms not less
favorable to it than those which would have been obtained in an arm's-length
transaction with a non-affiliated third party. "COMPANY AFFILIATE" shall mean
any other Person directly or indirectly through one or more intermediaries
controlling, controlled by, or under common control with, the Company, other
than a Strategic Partner. For the purposes of this definition, "control"
(including with correlative meanings, the terms "controlling," "controlled by"
and "under common control with"), as applied to the Company, means the
possession, directly or indirectly, of the power to direct or cause the
direction of the management and policies of the Company, whether through the
ownership of voting securities or by contract or otherwise.

         8. Events of Default. The Note shall become immediately due and payable
at the option of the holders of greater than 50% of the face amount of all then
outstanding Notes issued in the Series, upon any one or more of the following
events or occurrences ("EVENTS OF DEFAULT"):

            (a) if any portion of the Note is not paid when due; provided that
this shall only constitute an Event of Default if such default is not cured by
the Company within fifteen (15) days after the Holder has given the Company
written notice of such default;

            (b) if any final judgment for the payment of money is rendered
against the Company and the Company does not discharge the same or cause it to
be discharged or vacated within one hundred twenty (120) days from the entry
thereof, or does not appeal therefrom or from the order, decree or process upon
which or pursuant to which said judgment was granted, based or entered, and does
not secure a stay of execution pending such appeal within one hundred twenty
(120) days after the entry thereof;

            (c) if the Company makes an assignment for the benefit of creditors
or if the Company generally does not pay its debts as they become due;

            (d) if a receiver, liquidator or trustee of the Company is appointed
or if the Company is adjudicated a bankrupt or insolvent, or if any petition for
bankruptcy, reorganization or arrangement pursuant to federal bankruptcy law, or
any similar federal or state law, is filed by or against, consented to, or
acquiesced in, by the Company or if any proceeding for the dissolution or
liquidation of the Company is instituted; however, if such appointment,
adjudication, petition or proceeding is involuntary and is not consented to by
the Company, upon the same not being discharged, stayed or dismissed within 60
days;

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            (e) if the Company defaults in any material respect under any other
secured or unsecured indebtedness for borrowed money, other than any
indebtedness owed to officers, directors or shareholders of the Company,
mortgage or security agreement covering any part of its property;

            (f) except for specific defaults set forth in this Section 8, if the
Company defaults in the observance or performance of any other term, agreement
or condition of this Note, and the Company fails to remedy such default within
thirty (30) days after notice by the Holder to the Company of such default, or,
if such default is of such a nature that it cannot with due diligence be cured
within said thirty (30) day period, if the Company fails, within said thirty
(30) days, to commence all steps necessary to cure such default, and fail to
complete such cure within ninety (90) days after the end of such thirty (30) day
period;

            (g) except for specific defaults set forth in this Section 8, if the
Company defaults in the observance or performance of any term, agreement or
condition of the Note, and such default continues after the end of any
applicable cure period provided for therein; and

            (h) if any of the following exist uncured for forty-five (45) days
following written notice to the Company: (i) the failure of any representation
or warranty made by the Company to Holder, pursuant to any of the Offering
Documents, to be true and correct in all respects or (ii) the Company fails to
provide the Holder with the written certifications and evidence referred to in
this Note.

         9. Subordination Provisions.

            (a) Definitions. All indebtedness of the Company under this Note and
all fees, premiums and other amounts payable in respect thereof and all claims
and other obligations or amounts with respect thereto are hereinafter referred
to, collectively, as the "Subordinated Indebtedness." The obligations of the
Company under and/or with respect to, any (i) trade payables, working lines of
credit and other accounts payable incurred in the ordinary course of business,
(ii) indebtedness representing the purchase price of property, plant or
equipment purchased financing with any commercial banking institution or
institutions, together with all refinancings, amendments, modifications,
substitutions, replacement financing financings, refinancings or other successor
instruments of such indebtedness, including, but not limited to, all principal,
interest, fees and expenses are hereinafter referred to, collectively, as the
"Senior Indebtedness."

            (b) Subordination. Each of the Holder and the Company agrees that
the Subordinated Indebtedness is and shall be subordinate in all respects and
junior in priority to the lien and priority of any Senior Indebtedness to (i)
the full extent of all amounts now or hereafter disbursed, paid or advanced, or
expended thereunder, (ii) the fullest extent permitted by law and as hereinafter
set forth, and (iii) the security interests and other liens securing any Senior
Indebtedness and any guarantees. The Holder agrees to deliver such documentation
or assurances as may be reasonably requested by any holder of Senior
Indebtedness to confirm the priority of the lien.

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         10. Usury. In no event shall the amount of interest paid or agreed to
be paid hereunder exceed the highest lawful rate permissible under applicable
law. Any excess amount of deemed interest shall be null and void and shall not
interfere with or affect the Company's obligation to repay the principal of and
interest on the Note.

         11. Note Holder Not Deemed a Stockholder. No Holder, as such, of this
Note shall be entitled (prior to conversion or redemption of this Note into
Common Stock, and only then to the extent of such conversion) to vote or receive
dividends or be deemed the holder of shares of Common Stock for any purpose, nor
shall anything contained in this Note be construed to confer upon the Holder
hereof, as such, any of the rights at law of a stockholder of the Company prior
to the issuance to the holder of this Note of the shares of Common Stock which
the Holder is then entitled to receive upon the due conversion of all or a
portion of this Note. Notwithstanding the foregoing, the Company will provide
the Holder with copies of the same notices and other information given to the
stockholders of the Company generally, contemporaneously with the giving thereof
to the stockholders.

         12. Mutilated, Destroyed, Lost or Stolen Notes. In case this Note shall
become mutilated or defaced, or be destroyed, lost or stolen, the Company shall
execute and deliver a new note of like principal amount in exchange and
substitution for the mutilated or defaced Note, or in lieu of and in
substitution for the destroyed, lost or stolen Note. In the case of a mutilated
or defaced Note, the Holder shall surrender such Note to the Company. In the
case of any destroyed, lost or stolen Note, the Holder shall furnish to the
Company (a) evidence to its satisfaction of the destruction, loss or theft of
such Note and (b) such security or indemnity as may be reasonably required by
the Company to hold the Company harmless.

         13. Waiver of Demand, Presentment, Etc. Except as otherwise provided
herein, the Company hereby expressly waives demand and presentment for payment,
notice of nonpayment, protest, notice of protest, notice of dishonor, notice of
acceleration or intent to accelerate, bringing of suit and diligence in taking
any action to collect amounts called for hereunder and shall be directly and
primarily liable for the payment of all sums owing and to be owing hereunder,
regardless of and without any notice, diligence, act or omission as or with
respect to the collection of any amount called for hereunder.

         14. Payment.

            (a) Except as otherwise provided for herein, all payments with
respect to this Note shall be made in lawful currency of the United States of
America, at the option of the Holder, (i) at the principal office of the Holder,
located at __________________________, or such other place or places as may be
reasonably specified by the Holder of this Note in a written notice to the
Company at least ten (10) business days before a given payment date, or (ii) by
mailing a good check in the proper amount to the Holder at least two days prior
to the due date of each payment or otherwise transferring funds so as to be
received by the Holder on the due date of each such payment; provided, however,
that the Company shall make payment by wire transfer to an account such Holder
may specify in writing to the Company at least two days prior to the due date of
each payment. Payment shall be credited first to the accrued interest then due
and payable and the remainder applied to principal. The Holder shall keep a
record of each payment of principal and interest with respect thereto. This Note
is not secured.

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            (b) This Note may not be prepaid at any time without the prior
written consent of the Holder.

         15. Assignment. The rights and obligations of the Company and the
Holder of this Note shall be binding upon, and inure to the benefit of, the
permitted successors, assigns, heirs, administrators and transferees of the
parties hereto. Notwithstanding the foregoing, the Holder may not assign, pledge
or otherwise transfer this Note without the prior written consent of the
Company. Interest and principal are payable only to the registered Holder of
this Note.

          16. Waiver and Amendment. Any provision of this Note, including,
without limitation, the due date hereof, and the observance of any term hereof,
may be amended, waived or modified (either generally or in a particular instance
and either retroactively or prospectively) only with the written consent of the
Company and the holders of greater than 50% of the face amount of all then
outstanding Notes issued in the Series.

         17. Notices. Any notice, request or other communication required or
permitted hereunder shall be in writing and shall be deemed to have been duly
given if personally delivered or mailed by registered or certified mail, postage
prepaid, or delivered by facsimile transmission, to the Company at the address
or facsimile number set forth herein or to the Holder at its address or
facsimile number set forth in the records of the Company. Any party hereto may
by notice so given change its address for future notice hereunder. Notice shall
conclusively be deemed to have been given when personally delivered or when
deposited in the mail in the manner set forth above and shall be deemed to have
been received when delivered or, if notice is given by facsimile transmission,
when delivered with confirmation of receipt.

         18. Governing Law. This Note shall be governed by and construed in
accordance with the laws of the State of Florida, excluding that body of law
relating to conflicts of laws.

         19. Severability. If one or more provisions of this Note are held to be
unenforceable under applicable law, such provisions shall be excluded from this
Note, and the balance of this Note shall be interpreted as if such provisions
were so excluded and shall be enforceable in accordance with its terms.

         20. Headings. Section headings in this Note are for convenience only,
and shall not be used in the construction of this Note.

                            [Signature Page Follows]

                                       11
<PAGE>

         IN WITNESS WHEREOF, the Company has caused this Note to be issued as of
the date first above written. XSTREAM BEVERAGE NETWORK, INC.

                                            By:
                                                 -------------------------------
                                            Name:  Jerry Pearring
                                            Title: President

                                       12
<PAGE>

                              NOTICE OF CONVERSION

                   (to be signed upon conversion of the Note)

TO XSTREAM BEVERAGE NETWORK, INC.:

         The undersigned, the holder of the foregoing Note, hereby surrenders
such Note for conversion into ______ shares of the Common Stock of XStream
Beverage Network, Inc., and requests that the certificates for such shares be
issued in the name of, and delivered to, _________________, whose address is
________________________________________.

Dated: _____________________

                                            ------------------------------------
                                                       (signature)

                                            ------------------------------------
                                                        (address)

                                       13
<PAGE>EXHIBIT 10.3

(BILATERAL FORM) (ISDA AGREEMENTS SUBJECT TO NEW YORK LAW ONLY)

ISDA(R)

International Swaps and Derivatives Association, Inc.

CREDIT SUPPORT ANNEX

to the Schedule to the
2002 ISDA MAster Agreement
dated as of June 10, 2005
between
Cogent Capital Corp and Xstream Beverage Network, Inc.
("Party A") ("Party B")
This Annex supplements, forms part of, and is subject to, the above-referenced
Agreement, is part of its Schedule and is a Credit Support Document under this
Agreement with respect to each party.

Accordingly, the parties agree as follows:--

PARAGRAPH 1. INTERPRETATION

(a) DEFINITIONS AND INCONSISTENCY. Capitalized terms not otherwise defined
herein or elsewhere in this Agreement have the meanings specified pursuant to
Paragraph 12, and all references in this Annex to Paragraphs are to Paragraphs
of this Annex. In the event of any inconsistency between this Annex and the
other provisions of this Schedule, this Annex will prevail, and in the event of
any inconsistency between Paragraph 13 and the other provisions of this Annex,
Paragraph 13 will prevail.

(b) SECURED PARTY AND PLEDGOR. All references in this Annex to the "Secured
Party" will be to either party when acting in that capacity and all
corresponding references to the "Pledgor" will be to the other party when acting
in that capacity; provided, however, that if Other Posted Support is held by a
party to this Annex, all references herein to that party as the Secured Party
with respect to that Other Posted Support will be to that party as the
beneficiary thereof and will not subject that support or that party as the
beneficiary thereof to provisions of law generally relating to security
interests and secured parties.

PARAGRAPH 2. SECURITY INTEREST

Each party, as the Pledgor, hereby pledges to the other party, as the Secured
Party, as security for its Obligations, and grants to the Secured Party a first
priority continuing security interest in, lien on and right of Set-off against
all Posted Collateral Transferred to or received by the Secured Party hereunder.
Upon the Transfer by the Secured Party to the Pledgor of Posted Collateral, the
security interest and lien granted hereunder on that Posted Collateral will be
released immediately and, to the extent possible, without any further action by
either party. Copyright (C) 1994 by International Swaps and Derivatives
Association, Inc.

<PAGE>

ISDA(R)1994 2

PARAGRAPH 3. CREDIT SUPPORT OBLIGATIONS

(a) DELIVERY AMOUNT. Subject to Paragraphs 4 and 5, upon a demand made by the
Secured Party on or promptly following a Valuation Date, if the Delivery Amount
for that Valuation Date equals or exceeds the Pledgor's Minimum Transfer Amount,
then the Pledgor will Transfer to the Secured Party Eligible Credit Support
having a Value as of the date of Transfer at least equal to the applicable
Delivery Amount (rounded pursuant to Paragraph 13). Unless otherwise specified
in Paragraph 13, the "DELIVERY AMOUNT" applicable to the Pledgor for any
Valuation Date will equal the amount by which:

(i) the Credit Support Amount exceeds

(ii) the Value as of that Valuation Date of all Posted Credit Support held by
the Secured Party.

(b) RETURN AMOUNT. Subject to Paragraphs 4 and 5, upon a demand made by the
Pledgor on or promptly following a Valuation Date, if the Return Amount for that
Valuation Date equals or exceeds the Secured Party's Minimum Transfer Amount,
then the Secured Party will Transfer to the Pledgor Posted Credit Support
specified by the Pledgor in that demand having a Value as of the date of
Transfer as close as practicable to the applicable Return Amount (rounded
pursuant to Paragraph 13). Unless otherwise specified in Paragraph 13, the
"RETURN AMOUNT" applicable to the Secured Party for any Valuation Date will
equal the amount by which: (i) the Value as of that Valuation Date of all Posted
Credit Support held by the Secured Party exceeds (ii) the Credit Support Amount.

"CREDIT SUPPORT AMOUNT" means, unless otherwise specified in Paragraph 13, for
any Valuation Date (i) the Secured Party's Exposure for that Valuation Date plus
(ii) the aggregate of all Independent Amounts applicable to the Pledgor, if any,
minus (iii) all Independent Amounts applicable to the Secured Party, if any,
minus (iv) the Pledgor's Threshold; provided, however, that the Credit Support
Amount will be deemed to be zero whenever the calculation of Credit Support
Amount yields a number less than zero.

PARAGRAPH 4. CONDITIONS PRECEDENT, TRANSFER TIMING, CALCULATIONS AND
SUBSTITUTIONS (a) CONDITIONS PRECEDENT. Each Transfer obligation of the Pledgor
under Paragraphs 3 and 5 and of the Secured Party under Paragraphs 3, 4(d)(ii),
5 and 6(d) is subject to the conditions precedent that: (i) no Event of Default,
Potential Event of Default or Specified Condition has occurred and is continuing
with respect to the other party; and (ii) no Early Termination Date for which
any unsatisfied payment obligations exist has occurred or been designated as the
result of an Event of Default or Specified Condition with respect to the other
party. (b) TRANSFER TIMING. Subject to Paragraphs 4(a) and 5 and unless
otherwise specified, if a demand for the Transfer of Eligible Credit Support or
Posted Credit Support is made by the Notification Time, then the relevant
Transfer will be made not later than the close of business on the next Local
Business Day; if a demand is made after the Notification Time, then the relevant
Transfer will be made not later than the close of business on the second Local
Business Day thereafter.

(c) CALCULATIONS. All calculations of Value and Exposure for purposes of
Paragraphs 3 and 6(d) will be made by the Valuation Agent as of the Valuation
Time. The Valuation Agent will notify each party (or the other party, if the
Valuation Agent is a party) of its calculations not later than the Notification
Time on the Local Business Day following the applicable Valuation Date (or in
the case of Paragraph 6(d), following the date of calculation).

                                       2

<PAGE>

ISDA(R)1994 3
(D) SUBSTITUTIONS.

(i) Unless otherwise specified in Paragraph 13, upon notice to the Secured Party
specifying the items of Posted Credit Support to be exchanged, the Pledgor may,
on any Local Business Day, Transfer to the Secured Party substitute Eligible
Credit Support (the "Substitute Credit Support"); and (ii) subject to Paragraph
4(a), the Secured Party will Transfer to the Pledgor the items of Posted Credit
Support specified by the Pledgor in its notice not later than the Local Business
Day following the date on which the Secured Party receives the Substitute Credit
Support, unless otherwise specified in Paragraph 13 (the "Substitution Date");
provided that the Secured Party will only be obligated to Transfer Posted Credit
Support with a Value as of the date of Transfer of that Posted Credit Support
equal to the Value as of that date of the Substitute Credit Support.

PARAGRAPH 5. DISPUTE RESOLUTION

If a party (a "Disputing Party") disputes (I) the Valuation Agent's calculation
of a Delivery Amount or a Return Amount or (II) the Value of any Transfer of
Eligible Credit Support or Posted Credit Support, then (1) the Disputing Party
will notify the other party and the Valuation Agent (if the Valuation Agent is
not the other party) not later than the close of business on the Local Business
Day following (X) the date that the demand is made under Paragraph 3 in the case
of (I) above or (Y) the date of Transfer in the case of (II) above, (2) subject
to Paragraph 4(a), the appropriate party will Transfer the undisputed amount to
the other party not later than the close of business on the Local Business Day
following (X) the date that the demand is made under Paragraph 3 in the case of
(I) above or (Y) the date of Transfer in the case of (II) above, (3) the parties
will consult with each other in an attempt to resolve the dispute and (4) if
they fail to resolve the dispute by the Resolution Time, then:

(i) In the case of a dispute involving a Delivery Amount or Return Amount,
unless otherwise specified in Paragraph 13, the Valuation Agent will recalculate
the Exposure and the Value as of the Recalculation Date by:

(A) utilizing any calculations of Exposure for the Transactions (or Swap
Transactions) that the parties have agreed are not in dispute; (B) calculating
the Exposure for the Transactions (or Swap Transactions) in dispute by seeking
four actual quotations at mid-market from Reference Market-makers for purposes
of calculating Market Quotation, and taking the arithmetic average of those
obtained; provided that if four quotations are not available for a particular
Transaction (or Swap Transaction), then fewer than four quotations may be used
for that Transaction (or Swap Transaction); and if no quotations are available
for a particular Transaction (or Swap Transaction), then the Valuation Agent's
original calculations will be used for that Transaction (or Swap Transaction);
and (C) utilizing the procedures specified in Paragraph 13 for calculating the
Value, if disputed, of Posted Credit Support.

(ii) In the case of a dispute involving the Value of any Transfer of Eligible
Credit Support or Posted Credit Support, the Valuation Agent will recalculate
the Value as of the date of Transfer pursuant to Paragraph 13.

Following a recalculation pursuant to this Paragraph, the Valuation Agent will
notify each party (or the other party, if the Valuation Agent is a party) not
later than the Notification Time on the Local Business Day following the
Resolution Time. The appropriate party will, upon demand following that notice
by the Valuation Agent or a resolution pursuant to (3) above and subject to
Paragraphs 4(a) and 4(b), make the appropriate Transfer.

                                       3

<PAGE>

ISDA(R)1994 4

PARAGRAPH 6. HOLDING AND USING POSTED COLLATERAL

(a) CARE OF POSTED COLLATERAL. Without limiting the Secured Party's rights under
Paragraph 6(c), the Secured Party will exercise reasonable care to assure the
safe custody of all Posted Collateral to the extent required by applicable law,
and in any event the Secured Party will be deemed to have exercised reasonable
care if it exercises at least the same degree of care as it would exercise with
respect to its own property. Except as specified in the preceding sentence, the
Secured Party will have no duty with respect to Posted Collateral, including,
without limitation, any duty to collect any Distributions, or enforce or
preserve any rights pertaining thereto.

(b) ELIGIBILITY TO HOLD POSTED COLLATERAL; CUSTODIANS.

(i) GENERAL. Subject to the satisfaction of any conditions specified in
Paragraph 13 for holding Posted Collateral, the Secured Party will be entitled
to hold Posted Collateral or to appoint an agent (a "Custodian") to hold Posted
Collateral for the Secured Party. Upon notice by the Secured Party to the
Pledgor of the appointment of a Custodian, the Pledgor's obligations to make any
Transfer will be discharged by making the Transfer to that Custodian. The
holding of Posted Collateral by a Custodian will be deemed to be the holding of
that Posted Collateral by the Secured Party for which the Custodian is acting.

(ii) FAILURE TO SATISFY CONDITIONS. If the Secured Party or its Custodian fails
to satisfy any conditions for holding Posted Collateral, then upon a demand made
by the Pledgor, the Secured Party will, not later than five Local Business Days
after the demand, Transfer or cause its Custodian to Transfer all Posted
Collateral held by it to a Custodian that satisfies those conditions or to the
Secured Party if it satisfies those conditions.

(iii) LIABILITY. The Secured Party will be liable for the acts or omissions of
its Custodian to the same extent that the Secured Party would be liable
hereunder for its own acts or omissions. (c) USE OF POSTED COLLATERAL. Unless
otherwise specified in Paragraph 13 and without limiting the rights and
obligations of the parties under Paragraphs 3, 4(d)(ii), 5, 6(d) and 8, if the
Secured Party is not a Defaulting Party or an Affected Party with respect to a
Specified Condition and no Early Termination Date has occurred or been
designated as the result of an Event of Default or Specified Condition with
respect to the Secured Party, then the Secured Party will, notwithstanding
Section 9-207 of the New York Uniform Commercial Code, have the right to:

(i) sell, pledge, rehypothecate, assign, invest, use, commingle or otherwise
dispose of, or otherwise use in its business any Posted Collateral it holds,
free from any claim or right of any nature whatsoever of the Pledgor, including
any equity or right of redemption by the Pledgor; and (ii) register any Posted
Collateral in the name of the Secured Party, its Custodian or a nominee for
either. For purposes of the obligation to Transfer Eligible Credit Support or
Posted Credit Support pursuant to Paragraphs 3 and 5 and any rights or remedies
authorized under this Agreement, the Secured Party will be deemed to continue to
hold all Posted Collateral and to receive Distributions made thereon, regardless
of whether the Secured Party has exercised any rights with respect to any Posted
Collateral pursuant to (i) or (ii) above. (d) DISTRIBUTIONS AND INTEREST AMOUNT.

(i) DISTRIBUTIONS. Subject to Paragraph 4(a), if the Secured Party receives or
is deemed to receive Distributions on a Local Business Day, it will Transfer to
the Pledgor not later than the following Local Business Day any Distributions it
receives or is deemed to receive to the extent that a Delivery Amount would not
be created or increased by that Transfer, as calculated by the Valuation Agent
(and the date of calculation will be deemed to be a Valuation Date for this
purpose).

                                       4

<PAGE>

ISDA(R)1994 5

(ii) INTEREST AMOUNT. Unless otherwise specified in Paragraph 13 and subject to
Paragraph 4(a), in lieu of any interest, dividends or other amounts paid or
deemed to have been paid with respect to Posted Collateral in the form of Cash
(all of which may be retained by the Secured Party), the Secured Party will
Transfer to the Pledgor at the times specified in Paragraph 13 the Interest
Amount to the extent that a Delivery Amount would not be created or increased by
that Transfer, as calculated by the Valuation Agent (and the date of calculation
will be deemed to be a Valuation Date for this purpose). The Interest Amount or
portion thereof not Transferred pursuant to this Paragraph will constitute
Posted Collateral in the form of Cash and will be subject to the security
interest granted under Paragraph 2.

PARAGRAPH 7. EVENTS OF DEFAULT

For purposes of Section 5(a)(iii)(1) of this Agreement, an Event of Default will
exist with respect to a party if: (i) that party fails (or fails to cause its
Custodian) to make, when due, any Transfer of Eligible Collateral, Posted
Collateral or the Interest Amount, as applicable, required to be made by it and
that failure continues for two Local Business Days after notice of that failure
is given to that party; (ii) that party fails to comply with any restriction or
prohibition specified in this Annex with respect to any of the rights specified
in Paragraph 6(c) and that failure continues for five Local Business Days after
notice of that failure is given to that party; or (iii) that party fails to
comply with or perform any agreement or obligation other than those specified in
Paragraphs 7(i) and 7(ii) and that failure continues for 30 days after notice of
that failure is given to that party.

PARAGRAPH 8. CERTAIN RIGHTS AND REMEDIES

(a) SECURED PARTY'S RIGHTS AND REMEDIES. If at any time (1) an Event of Default
or Specified Condition with respect to the Pledgor has occurred and is
continuing or (2) an Early Termination Date has occurred or been designated as
the result of an Event of Default or Specified Condition with respect to the
Pledgor, then, unless the Pledgor has paid in full all of its Obligations that
are then due, the Secured Party may exercise one or more of the following rights
and remedies:

(i) all rights and remedies available to a secured party under applicable law
with respect to Posted Collateral held by the Secured Party; (ii) any other
rights and remedies available to the Secured Party under the terms of Other
Posted Support, if any; (iii) the right to Set-off any amounts payable by the
Pledgor with respect to any Obligations against any Posted Collateral or the
Cash equivalent of any Posted Collateral held by the Secured Party (or any
obligation of the Secured Party to Transfer that Posted Collateral); and (iv)
the right to liquidate any Posted Collateral held by the Secured Party through
one or more public or private sales or other dispositions with such notice, if
any, as may be required under applicable law, free from any claim or right of
any nature whatsoever of the Pledgor, including any equity or right of
redemption by the Pledgor (with the Secured Party having the right to purchase
any or all of the Posted Collateral to be sold) and to apply the proceeds (or
the Cash equivalent thereof) from the liquidation of the Posted Collateral to
any amounts payable by the Pledgor with respect to any Obligations in that order
as the Secured Party may elect.

Each party acknowledges and agrees that Posted Collateral in the form of
securities may decline speedily in value and is of a type customarily sold on a
recognized market, and, accordingly, the Pledgor is not entitled to prior notice
of any sale of that Posted Collateral by the Secured Party, except any notice
that is required under applicable law and cannot be waived.

                                       5

<PAGE>

ISDA(R)1994 6

(b) PLEDGOR'S RIGHTS AND REMEDIES. If at any time an Early Termination Date has
occurred or been designated as the result of an Event of Default or Specified
Condition with respect to the Secured Party, then (except in the case of an
Early Termination Date relating to less than all Transactions (or Swap
Transactions) where the Secured Party has paid in full all of its obligations
that are then due under Section 6(e) of this Agreement):

(i) the Pledgor may exercise all rights and remedies available to a pledgor
under applicable law with respect to Posted Collateral held by the Secured
Party; (ii) the Pledgor may exercise any other rights and remedies available to
the Pledgor under the terms of Other Posted Support, if any;

(iii) the Secured Party will be obligated immediately to Transfer all Posted
Collateral and the Interest Amount to the Pledgor; and (iv) to the extent that
Posted Collateral or the Interest Amount is not so Transferred pursuant to (iii)
above, the Pledgor may:

(A) Set-off any amounts payable by the Pledgor with respect to any Obligations
against any Posted Collateral or the Cash equivalent of any Posted Collateral
held by the Secured Party (or any obligation of the Secured Party to Transfer
that Posted Collateral); and (B) to the extent that the Pledgor does not Set-off
under (iv)(A) above, withhold payment of any remaining amounts payable by the
Pledgor with respect to any Obligations, up to the Value of any remaining Posted
Collateral held by the Secured Party, until that Posted Collateral is
Transferred to the Pledgor.

(c) DEFICIENCIES AND EXCESS PROCEEDS. The Secured Party will Transfer to the
Pledgor any proceeds and Posted Credit Support remaining after liquidation,
Set-off and/or application under Paragraphs 8(a) and 8(b) after satisfaction in
full of all amounts payable by the Pledgor with respect to any Obligations; the
Pledgor in all events will remain liable for any amounts remaining unpaid after
any liquidation, Set-off and/or application under Paragraphs 8(a) and 8(b).

(d) FINAL RETURNS. When no amounts are or thereafter may become payable by the
Pledgor with respect to any Obligations (except for any potential liability
under Section 2(d) of this Agreement), the Secured Party will Transfer to the
Pledgor all Posted Credit Support and the Interest Amount, if any. PARAGRAPH 9.
REPRESENTATIONS Each party represents to the other party (which representations
will be deemed to be repeated as of each date on which it, as the Pledgor,
Transfers Eligible Collateral) that:

(i) it has the power to grant a security interest in and lien on any Eligible
Collateral it Transfers as the Pledgor and has taken all necessary actions to
authorize the granting of that security interest and lien;

(ii) it is the sole owner of or otherwise has the right to Transfer all Eligible
Collateral it Transfers to the Secured Party hereunder, free and clear of any
security interest, lien, encumbrance or other restrictions other than the
security interest and lien granted under Paragraph 2;

(iii) upon the Transfer of any Eligible Collateral to the Secured Party under
the terms of this Annex, the Secured Party will have a valid and perfected first
priority security interest therein (assuming that any central clearing
corporation or any third-party financial intermediary or other entity not within
the control of the Pledgor involved in the Transfer of that Eligible Collateral
gives the notices and takes the action required of it under applicable law for
perfection of that interest); and

(iv) the performance by it of its obligations under this Annex will not result
in the creation of any security interest, lien or other encumbrance on any
Posted Collateral other than the security interest and lien granted under
Paragraph 2.

ISDA(R)1994 7

PARAGRAPH 10. EXPENSES

(a) GENERAL. Except as otherwise provided in Paragraphs 10(b) and 10(c), each
party will pay its own costs and expenses in connection with performing its
obligations under this Annex and neither party will be liable for any costs and
expenses incurred by the other party in connection herewith.

(b) POSTED CREDIT SUPPORT. The Pledgor will promptly pay when due all taxes,
assessments or charges of any nature that are imposed with respect to Posted
Credit Support held by the Secured Party upon becoming aware of the same,
regardless of whether any portion of that Posted Credit Support is subsequently
disposed of under Paragraph 6(c), except for those taxes, assessments and
charges that result from the exercise of the Secured Party's rights under
Paragraph 6(c).

(c) LIQUIDATION/APPLICATION OF POSTED CREDIT SUPPORT. All reasonable costs and
expenses incurred by or on behalf of the Secured Party or the Pledgor in
connection with the liquidation and/or application of any Posted Credit Support
under Paragraph 8 will be payable, on demand and pursuant to the Expenses
Section of this Agreement, by the Defaulting Party or, if there is no Defaulting
Party, equally by the parties.

                                       6

<PAGE>

PARAGRAPH 11. MISCELLANEOUS

(a) DEFAULT INTEREST. A Secured Party that fails to make, when due, any Transfer
of Posted Collateral or the Interest Amount will be obligated to pay the Pledgor
(to the extent permitted under applicable law) an amount equal to interest at
the Default Rate multiplied by the Value of the items of property that were
required to be Transferred, from (and including) the date that Posted Collateral
or Interest Amount was required to be Transferred to (but excluding) the date of
Transfer of that Posted Collateral or Interest Amount. This interest will be
calculated on the basis of daily compounding and the actual number of days
elapsed.

 (b) FURTHER ASSURANCES. Promptly following a demand made by a party,
the other party will execute, deliver, file and record any financing statement,
specific assignment or other document and take any other action that may be
necessary or desirable and reasonably requested by that party to create,
preserve, perfect or validate any security interest or lien granted under
Paragraph 2, to enable that party to exercise or enforce its rights under this
Annex with respect to Posted Credit Support or an Interest Amount or to effect
or document a release of a security interest on Posted Collateral or an Interest
Amount.

(c) FURTHER PROTECTION. The Pledgor will promptly give notice to the Secured
Party of, and defend against, any suit, action, proceeding or lien that involves
Posted Credit Support Transferred by the Pledgor or that could adversely affect
the security interest and lien granted by it under Paragraph 2, unless that
suit, action, proceeding or lien results from the exercise of the Secured
Party's rights under Paragraph 6(c).

(d) GOOD FAITH AND COMMERCIALLY REASONABLE MANNER. Performance of all
obligations under this Annex, including, but not limited to, all calculations,
valuations and determinations made by either party, will be made in good faith
and in a commercially reasonable manner.

(e) DEMANDS AND NOTICES. All demands and notices made by a party under this
Annex will be made as specified in the Notices Section of this Agreement, except
as otherwise provided in Paragraph 13.

(f) SPECIFICATIONS OF CERTAIN MATTERS. Anything referred to in this Annex as
being specified in Paragraph 13 also may be specified in one or more
Confirmations or other documents and this Annex will be construed accordingly.

ISDA(R)1994 10

"VALUATION AGENT" has the meaning specified in Paragraph 13.

"VALUATION DATE" means each date specified in or otherwise determined pursuant
to Paragraph 13. "VALUATION PERCENTAGE" means, for any item of Eligible
Collateral, the percentage specified in Paragraph 13.

"VALUATION TIME" has the meaning specified in Paragraph 13. "VALUE" means for
any Valuation Date or other date for which Value is calculated and subject to
Paragraph 5 in the case of a dispute, with respect to: (i) Eligible Collateral
or Posted Collateral that is:

(A) Cash, the amount thereof; and

(B) a security, the bid price obtained by the Valuation Agent multiplied by the
applicable Valuation Percentage, if any;

(ii) Posted Collateral that consists of items that are not specified as Eligible
Collateral, zero; and

(iii) Other Eligible Support and Other Posted Support, as specified in Paragraph
13.

11
NY2-513167

                                       7

<PAGE>

PARAGRAPH 13. ELECTIONS AND VARIABLES

(a) SECURITY INTEREST FOR "OBLIGATIONS". The term "OBLIGATIONS" as used in this
Annex includes the following additional obligations:
With respect to Party A: none.
With respect to Party B: none.

(b) CREDIT SUPPORT OBLIGATIONS.

(i) DELIVERY AMOUNT, RETURN AMOUNT AND CREDIT SUPPORT AMOUNT.

(A) "DELIVERY AMOUNT" has the meaning specified in Paragraph 3(a).

(B) "RETURN AMOUNT" has the meaning specified in Paragraph 3(b).

(C) "CREDIT SUPPORT AMOUNT" has the meaning specified in Paragraph 3.

(ii) ELIGIBLE COLLATERAL. The following items will
qualify as "ELIGIBLE COLLATERAL" for the party specified:

PARTY A PARTY B VALUATION
PERCENTAGE (A) Cash [X ] [X ] 100%

(B) negotiable debt obligations issued by the U.S. Treasury Department having an
original maturity t issuance of not more than one year ("Treasury Bills") [X ]
[X] 100%

(C) negotiable debt obligations issued by the U.S. Treasury Department having an
original maturity at issuance of more than one year but not more than 10 years
("Treasury Notes") [ X] [ X] 100% (D) negotiable debt obligations issued by the
U.S. Treasury Department having an original maturity at issuance of more than 10
years ("Treasury Bonds") [ ] [ ] [ ]%

(E) other: ...................................................[ ] [ ] [ ]%

(iii) OTHER ELIGIBLE SUPPORT. The following items will qualify as "OTHER
ELIGIBLE SUPPORT" for the party specified:

Party A - None.

12
NY2-513167

Party B- None

(iv) THRESHOLDS.

(A) "INDEPENDENT AMOUNT" means with respect to Party A: $ 0.00 (Zero)
"INDEPENDENT AMOUNT" means with respect to Party B: The amount, if any,
specified as the Independent Amount in the Confirmation for a particular
Transaction.

(B) "THRESHOLD" means with respect to Party A: Infinity "THRESHOLD" means with
respect to Party B: Infinity

(C) "MINIMUM TRANSFER AMOUNT" means with respect to Party A: $ 0 "MINIMUM
TRANSFER AMOUNT" means with respect to Party B: $ 0

(D) ROUNDING. The Delivery Amount and the Return Amount will be rounded up and
down to the nearest integral multiple of $1000, respectively.

(c) VALUATION AND TIMING.

(i) "VALUATION AGENT" means, for purposes of Paragraphs 3 and 5, the party
making the demand under Paragraph 3, and, for purposes of Paragraph 6(d), the
Secured Party receiving or deemed to receive the Distributions or the Interest
Amount, as applicable.

(ii) "VALUATION DATE" means: Valuation Dates as defined by Equity Swap Confirm
dated June 10, 2005

(iii) "VALUATION TIME" means:

[X] the close of business in the city of the Valuation Agent on the Valuation
Date or date of calculation, as applicable;

[ ] the close of business on the Local Business Day before the Valuation Date or
date of calculation, as applicable; provided that the calculations of Value and
Exposure will be made as of approximately the same time on the same date.

(iv) "NOTIFICATION TIME" means 1:00 p.m., New York time, on a Local Business
Day.

(d) CONDITIONS PRECEDENT AND SECURED PARTY'S RIGHTS AND REMEDIES. The following
Termination Event(s) will be a "SPECIFIED CONDITION" for the party specified
(that party being the Affected Party if the Termination Event occurs with
respect to that party):

Party A Party B

Illegality [X] [X]

Tax Event [ ] [ ]
13
NY2-513167

                                       8

<PAGE>

Tax Event Upon Merger [ ] [ ] Credit Event Upon Merger [ ] [ ] Additional
Termination Event(s):
......................................................................... [ ] [ ]
......................................................................... [ ] [ ]

(e) SUBSTITUTION.

(i) "SUBSTITUTION DATE" has the meaning specified in Paragraph 4(d)(ii).

(ii) CONSENT. If specified here as applicable, then the Pledgor must obtain the
Secured Party's consent for any substitution pursuant to Paragraph 4(d):
applicable.

(f) DISPUTE RESOLUTION.

(i) "RESOLUTION TIME" means 1:00 p.m., New York time, on the Local Business Day
following the date on which the notice is given that gives rise to a dispute
under Paragraph 5.

(ii) VALUE. For the purpose of Paragraphs 5(i)(C) and 5(ii), the Value of Posted
Credit Support will be calculated as follows: Retain "AAA" rated bank or
investment bank to calculations using paragraphs 5(i)(A) and 5(i)(B).

(iii) ALTERNATIVE. The provisions of Paragraph 5 will apply.

(g) HOLDING AND USING POSTED COLLATERAL.

(i) ELIGIBILITY TO HOLD POSTED COLLATERAL; CUSTODIANS. Party A and its Custodian
will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided
that the following conditions applicable to it are satisfied:

(1) Party A is not a Defaulting Party.

(2) Posted Collateral may be held only in the following jurisdictions:
Massachusetts or New York. Initially, the Custodian for Party A is Investor's
Bank & Trust.

(ii) Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply
to the Party A.

(h) Distributions and Interest Amount.

(i) INTEREST RATE. The "INTEREST RATE" will be: USD-LIBOR-BBA

(ii) TRANSFER OF INTEREST AMOUNT. The Transfer of the Interest Amount will be
made on the last Local Business Day of each calendar month and on any Local
Business Day that Posted Collateral in the form of Cash is Transferred to the
Pledgor pursuant to Paragraph 3 (b).

(iii) ALTERNATIVE TO INTEREST AMOUNT. The provisions of Paragraph 6(d)(ii) will
apply.

(i) ADDITIONAL REPRESENTATION(S).

None.

(j) OTHER ELIGIBLE SUPPORT AND OTHER POSTED SUPPORT.

14
NY2-513167
Not Applicable.

(k) DEMANDS AND NOTICES.

All demands, specifications and notices under this Annex will be made pursuant
to the Notices Section of this Agreement, unless otherwise specified here:

Party A: Cogent Capital Corp.
Attn: Greg Kofford
11444 S. Jolley Acres Cir.
Sandy, UT 84092
Fax 801-576-0583
Party B: Xstream Beverage Network, Inc.
Attn:
Telephone:
Fax:
(1) ADDRESSES FOR TRANSFERS.
Party A: To be provided
Party B: To be provided

(m) OTHER PROVISIONS.
(i) Notwithstanding anything herein to the contrary, the parties agree that:

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(A) Party A shall not be a Pledgor under this Credit Support Annex under any
circumstances and shall have no obligation to provide any Collateral to Party B
pursuant to the terms of this Credit Support Annex; and (B) Party B shall have
no obligation to provide Collateral to Party A pursuant to this Credit Support
Annex except for the Independent Amount, if any, specified in the Confirmation
for any Transaction. (ii) The Collateral to be provided by Party B to Party A
pursuant to this Credit Support Annex is to be held in an account established
pursuant to that certain Escrow Agreement, dated as of June 10, 2005, by and
among Party A, Party B, Nieodparty Inc., Bindes Holdings, Inc., Krachtig, Inc.,
Presvedcivy Inc., Puissant Capital Inc., Triftig Holdings Inc., Ellenallhatatlan
Inc., Potente Capital Inc., Neapgazams, Inc., Forte Capital Inc., Convingator
Inc., Penge Equities, Inc., Gelt Investments, Inc., Cref Enterprises, Inc.,
Painava, Inc., Uberzeugend, Inc., and Investors Bank & Trust Company (the
"Escrow Agreement"). Party B, as Pledgor, hereby confirms that it is hereby
granting to Party A a security interest in all accounts established under the
Escrow Agreement in which such Collateral may from time to time be held to the
same extent as the security interest granted by Party B in the Posted Collateral
pursuant to Section 2 above. (iii) Notwithstanding anything herein to the
contrary, including in Paragraph 6(d)(i) or 13(h) above, the parties agree that:
(A) All Distributions received by Party A shall be held by Party A in the
Collateral Account referred to in the Escrow Agreement and, on each day that any
Floating Amount is due from Party B to Party A under any 15 NY2-513167
Confirmation, Party A shall (and is hereby authorized to) apply any such
Distributions then held in the Collateral Account in satisfaction of Party B's
obligation to pay any such Floating Amount; provided that, if the amount of such
Distributions so held is insufficient to satisfy all of such obligation, Party B
shall remain obligated to make payment of the amount of such shortfall on the
original due date therefor. (B) For purposes of federal and all other taxes
based on income, Party B shall be treated as the owner of all Distributions
referred to in clause (A) above. Accordingly, the Escrow Agent shall be
instructed to report all such Distributions as income of Party B and to issue or
cause to be issued to Party B such Forms 1099 or other such forms reflecting
such income. (iv) Paragraph 5(i)(B) above is amended to read in its entirety as
follows: "(B) calculating the Exposure for the Transactions in dispute by
seeking four actual quotations at mid-market from third parties for purposes of
calculating the relevant Close-out Amount, and taking the arithmetic average of
those obtained; provided that if four quotations are not available for a
particular Transaction, then fewer than four quotations may be used for that
Transaction, and if no quotations are available for a particular Transaction,
then the Valuation Agent's original calculations will be used for the
Transaction; and" (v) The definition of "Exposure" in Paragraph 12 above is
amended to read in its entirety as follows: "'EXPOSURE' means for any Valuation
Date or other date for which Exposure is calculated and subject to Paragraph 5
in the case of a dispute, the amount, if any, that would be payable to a party
that is the Secured Party by the other party (expressed as a positive number) or
by a party that is the Secured Party to the other party (expressed as a negative
number) pursuant to Section 6(e)(ii)(i) of this Agreement if all Transactions
were being terminated as of the relevant Valuation Date, on the basis that (i)
that party is not the Affected Party and (ii) United Stated Dollars is the
Termination Currency; provided that the Close-out Amount will be determined by
the Valuation Agent on behalf of that party using its estimates of mid-market of
the amounts that would be paid for transactions providing the economic
equivalent of (x) the material terms of the Transactions, including the payments
and deliveries by the parties under Section 2(a)(i) in respect of the
Transactions that would, but for the occurrence of the relevant Early

                                       10

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Termination Date, have been required after that date (assuming satisfaction of
the conditions precedent in Section 2(a)(iii)); and (y) the option rights of the
parties in respect of the Transactions." (vi) Paragraph 12 is amended by
inserting, between the definitions of "Secured Party" and "Specified Condition",
the following additional definition: "'SET-OFF' means set-off, offset,
combination of accounts, right of retention or withholding or similar right or
requirement to which the payer of an amount under Section 6 of the Agreement is
entitled or subject (whether arising under the Agreement, under another
contract, applicable law or otherwise) that is exercised by, or imposed on, such
payer. Cogent Capital Corp. Xstream Beverage Network, Inc. By:
............................................................................ By:
...............................................................................
Name: Gregory L. Kofford Name:
Title: President Title
Date: June 10, 2005 Date: June 10, 2005

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