Document:

Exhibit 10.13

                                  Form of Note

THIS PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933,
AS AMENDED. NO SALE OR DISPOSITION MAY BE EFFECTED EXCEPT IN COMPLIANCE WITH
RULE 144 UNDER SAID ACT OR AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO
OR AN OPINION OF COUNSEL FOR THE HOLDER, SATISFACTORY TO THE COMPANY, THAT SUCH
REGISTRATION IS NOT REQUIRED UNDER THE ACT OR RECEIPT OF A NO-ACTION LETTER FROM
THE SECURITIES AND EXCHANGE COMMISSION.

                           CONVERTIBLE PROMISSORY NOTE

$_______                                                      _______ __, 200_
                                                            New York, New York

      For value received CEDRIC KUSHNER PROMOTIONS, LTD., a New York corporation
("PAYOR" or the "COMPANY") promises to pay to [PURCHASER], or its assigns
("HOLDER") the principal sum of $[AMOUNT] with interest on the outstanding
principal amount at the rate of 10% per annum, compounded annually based on a
365-day year. Interest shall commence with the date hereof and shall continue on
the outstanding principal until paid in full. Principal and accrued interest
shall be due on or before the earlier to occur of (i) January 31, 2003 or (ii)
an Event of Default (as defined below) (each, the "MATURITY DATE").

      1. All payments of interest and principal shall be in lawful money of the
United States of America. All payments shall be applied first to accrued
interest and thereafter to principal.

      2. If there shall be any Event of Default hereunder, Payor shall pay all
reasonable attorneys' fees and court costs incurred by Holder in enforcing and
collecting this Note, and this Note shall accelerate and all principal and
unpaid accrued interest shall become due and payable. The occurrence of any one
or more of the following shall constitute an Event of Default:

            (a) Payor fails to pay (i) timely the principal amount due under
                this Note on the date the same becomes due and payable or (ii)
                any accrued interest or other amounts due under this Note within
                three (3) business days following the date the same becomes due
                and payable;

            (b) Payor files any petition or action for relief under any
                bankruptcy, reorganization, insolvency or moratorium law or any
                other law for the relief of, or relating to, debtors, now or
                hereafter in effect, or makes any assignment for the benefit of
                creditors or takes any corporate action in furtherance of any of
                the foregoing; or

             (c)An involuntary petition is filed against Payor (unless such
                petition is dismissed or discharged within sixty (60) days under
                any bankruptcy statute now or hereafter in effect, or a
                custodian, receiver, trustee, assignee for the benefit of
                creditors (or other similar official) is appointed to take
                possession, custody or control of any property of Payor; or

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            (d) The Payor shall after any required notice thereunder and after
                the expiration of applicable grace periods (i) default in the
                repayment of any principal of or the payment of any interest on
                any indebtedness, or (ii) breach or violate any term or
                provision of any promissory note, loan agreement, mortgage,
                indenture or other evidence of such indebtedness, if the effect
                of such breach is to permit the acceleration of such
                indebtedness.

      4. Payor hereby waives demand, notice, presentment, protest and notice of
dishonor.

      5. Upon the closing of the Merger Agreement by and among Cedric Kushner
Boxing, Inc., the Company, Zenascent, Inc. ("Zenascent"), Cedric Kushner and
James DiLorenzo, all principal and interest due on this Note shall be converted
into shares of common stock, par value $.001 per share (the "Zenascent Common
Stock"), of Zenascent at a conversion price equal to the Fair Market Value (as
hereinafter defined) of the Zenascent Common Stock. "Fair Market Value" shall
mean the average of the five (5) lowest closing bid prices of the Zenascent
Common Stock during twenty-two (22) trading days immediately preceding date of
the closing of the Merger Agreement; provided, however, that the Fair Market
Value shall not be lower than $0.68 or higher than $1.00.

      6. The terms of this Note shall be construed in accordance with the laws
of the State of New York, as applied to contracts entered into by New York
residents within the State of New York, which contracts are to be performed
entirely within the State of New York.

      7. Any term of this Note may be amended or waived with the written consent
of Payor and Holder.

                                    CEDRIC KUSHNER PROMOTIONS, LTD.

                                    By:
                                        --------------------------------------
                                          Cedric Kushner, PresidentExhibit 10.14

                                 Form of Warrant

                                    EXHIBIT B

THIS WARRANT AND THE UNDERLYING SECURITIES HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "ACT"). THEY MAY NOT BE SOLD, OFFERED
FOR SALE, PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
STATEMENT AS TO SUCH SECURITIES UNDER THE ACT OR AN OPINION OF COUNSEL
SATISFACTORY TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.

                                 ZENASCENT, INC.
                        WARRANT TO PURCHASE COMMON STOCK

NO. W-__                                                    ____________, 2002

                           VOID AFTER _________, 2007
THIS CERTIFIES THAT, for value received, [PURCHASER], with its principal office
at [ADDRESS OF PURCHASER], or its assigns (the "HOLDER"), is entitled to
subscribe for and purchase at the Exercise Price (defined below) from ZENASCENT,
INC., a Delaware corporation, with its principal office at 1 Montauk Highway,
Southampton, New York 11968 (the "CORPORATION") up to ___________ Thousand
(__,000) shares of common stock, par value $.001 per share, of the Corporation
(the "COMMON STOCK").

1.    DEFINITIONS.  AS USED HEREIN, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING
RESPECTIVE MEANINGS:

      (a) "Exercise Period" shall mean the period commencing with the date
hereof and ending five years from the date hereof, unless sooner terminated as
provided below.

      (b) "Exercise Price" shall mean $.50 per share, subject to adjustment
pursuant to Section 5 below.

      (c) "Exercise Shares" shall mean the shares of Common Stock issuable upon
exercise of this Warrant.

2. EXERCISE OF WARRANT. THE RIGHTS REPRESENTED BY THIS WARRANT MAY BE EXERCISED
IN WHOLE OR IN PART AT ANY TIME DURING THE EXERCISE PERIOD, BY DELIVERY OF THE
FOLLOWING TO THE CORPORATION AT ITS ADDRESS SET FORTH ABOVE (OR AT SUCH OTHER
ADDRESS AS IT MAY DESIGNATE BY NOTICE IN WRITING TO THE HOLDER):

      (a)   An executed Notice of Exercise in the form attached hereto;

      (b)   Payment of the Exercise Price either in cash or by check; and

      (c)   This Warrant.

      Upon the exercise of the rights represented by this Warrant, a certificate
or certificates for the Exercise Shares so purchased, registered in the name of
the Holder or persons affiliated with the Holder, if the Holder so designates,
shall be issued and delivered to the Holder within a reasonable time after the
rights represented by this Warrant shall have been so exercised.

<PAGE>

      The person in whose name any certificate or certificates for Exercise
Shares are to be issued upon exercise of this Warrant shall be deemed to have
become the holder of record of such shares on the date on which this Warrant was
surrendered and payment of the Exercise Price was made, irrespective of the date
of delivery of such certificate or certificates, except that, if the date of
such surrender and payment is a date when the stock transfer books of the
Corporation are closed, such person shall be deemed to have become the holder of
such shares at the close of business on the next succeeding date on which the
stock transfer books are open.

3.    COVENANTS OF THE CORPORATION.

      3.1 Covenants as to Exercise Shares. The Corporation covenants and agrees
that all Exercise Shares that may be issued upon the exercise of the rights
represented by this Warrant will, upon issuance, be validly issued and
outstanding, fully paid and nonassessable, and free from all taxes, liens and
charges with respect to the issuance thereof. The Corporation further covenants
and agrees that the Corporation will at all times during the Exercise Period,
have authorized and reserved, free from preemptive rights, a sufficient number
of shares of its Common Stock to provide for the exercise of the rights
represented by this Warrant. If at any time during the Exercise Period the
number of authorized but unissued shares of Common Stock shall not be sufficient
to permit exercise of this Warrant, the Corporation will take such corporate
action as may, in the opinion of its counsel, be necessary to increase its
authorized but unissued shares of Common Stock to such number of shares as shall
be sufficient for such purposes.

      3.2 No Impairment. Except and to the extent as waived or consented to by
the Holder, the Corporation will not, by amendment of its Articles 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 to be
observed or performed hereunder by the Corporation, but will at all times in
good faith assist in the carrying out of all the provisions of this Warrant and
in the taking of all such action as may be necessary or appropriate in order to
protect the exercise rights of the Holder against impairment.

      3.3 Notices of Record Date. In the event of any taking by the Corporation
of a record of the holders of any class of securities for the purpose of
determining the holders thereof who are entitled to receive any dividend (other
than a cash dividend which is the same as cash dividends paid in previous
quarters) or other distribution, the Corporation shall mail to the Holder, at
least ten (10) days prior to the date specified herein, a notice specifying the
date on which any such record is to be taken for the purpose of such dividend or
distribution.

4.    REPRESENTATIONS OF HOLDER.

      4.1 Acquisition of Warrant for Personal Account. The Holder represents and
warrants that it is acquiring the Warrant solely for its account for investment
and not with a view to or for sale or distribution of said Warrant or any part
thereof. The Holder also represents that the entire legal and beneficial
interests of the Warrant and Exercise Shares the Holder is acquiring is being
acquired for, and will be held for, its account only.

      4.2   Securities Are Not Registered.

            (a) The Holder understands that the Warrant and the Exercise Shares
have not been registered under the Securities Act of 1933, as amended (the
"ACT") on the basis that no distribution or public offering of the stock of the
Corporation is to be effected. The Holder

<PAGE>

realizes that the basis for the exemption may not be present if, notwithstanding
its representations, the Holder has a present intention of acquiring the
securities for a fixed or determinable period in the future, selling (in
connection with a distribution or otherwise), granting any participation in, or
otherwise distributing the securities. The Holder has no such present intention.

            (b) The Holder recognizes that the Warrant and the Exercise Shares
must be held indefinitely unless they are subsequently registered under the Act
or an exemption from such registration is available. The Holder recognizes that
the Corporation has no obligation to register the Warrant or the Exercise Shares
of the Corporation, or to comply with any exemption from such registration.

            (c) The Holder is aware that neither the Warrant nor the Exercise
Shares may be sold pursuant to Rule 144 adopted under the Act unless certain
conditions are met, including, among other things, the existence of a public
market for the shares, the availability of certain current public information
about the Company, the resale following the required holding period under Rule
144 and the number of shares being sold during any three month period not
exceeding specified limitations. Holder is aware that the conditions for resale
set forth in Rule 144 have not been satisfied and that the Corporation presently
has no plans to satisfy these conditions in the foreseeable future.

      4.3 Disposition of Warrant and Exercise Shares. The Holder understands and
agrees that all certificates evidencing the shares to be issued to the Holder
may bear the following legend:

      THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF
      1933, AS AMENDED (THE "ACT"). THEY MAY NOT BE SOLD, OFFERED FOR SALE,
      PLEDGED OR HYPOTHECATED IN THE ABSENCE OF AN EFFECTIVE REGISTRATION
      STATEMENT AS TO THE SECURITIES UNDER THE ACT OR AN OPINION OF COUNSEL
      SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED.

5. ADJUSTMENT OF EXERCISE PRICE. In the event of changes in the outstanding
Common Stock of the Corporation by reason of stock dividends, split-ups,
recapitalizations, reclassifications, combinations or exchanges of shares,
separations, reorganizations, liquidations, or the like prior to the exercise of
this Warrant (or portion thereof), the number and class of shares available
under the Warrant (or portion thereof) in the aggregate and the Exercise Price
shall be correspondingly adjusted to give the Holder of the Warrant (or portion
thereof), on exercise for the same aggregate Exercise Price, the total number,
class, and kind of shares as the Holder would have owned had the Warrant (or
portion thereof) been exercised prior to the event and had the Holder continued
to hold such shares until after the event requiring adjustment. The form of this
Warrant need not be changed because of any adjustment in the number of Exercise
Shares subject to this Warrant.

6. FRACTIONAL SHARES. No fractional shares shall be issued upon the exercise of
this Warrant as a consequence of any adjustment pursuant hereto. All Exercise
Shares (including fractions) issuable upon exercise of this Warrant may be
aggregated for purposes of determining whether the exercise would result in the
issuance of any fractional share. If, after aggregation, the exercise would
result in the issuance of a fractional share, the Corporation shall, in lieu of
issuance of any fractional share, pay the Holder otherwise entitled to such
fraction a sum in cash equal to the product resulting from multiplying the then
current fair market value of an Exercise Share by such fraction.

<PAGE>

7. NO STOCKHOLDER RIGHTS. This Warrant in and of itself shall not entitle the
Holder to any voting rights or other rights as a stockholder of the Corporation.

8. TRANSFER OF WARRANT. Subject to applicable laws, the restriction on transfer
set forth on the first page of this Warrant, this Warrant and all rights
hereunder are transferable, by the Holder in person or by duly authorized
attorney, upon delivery of this Warrant and the form of assignment attached
hereto to any transferee designated by Holder. The transferee shall sign an
investment letter in form and substance satisfactory to the Corporation.

9. LOST, STOLEN, MUTILATED OR DESTROYED WARRANT. If this Warrant is lost,
stolen, mutilated or destroyed, the Corporation may, on such terms as to
indemnity or otherwise as it may reasonably impose (which shall, in the case of
a mutilated Warrant, include the surrender thereof), issue a new Warrant of like
denomination and tenor as the Warrant so lost, stolen, mutilated or destroyed.
Any such new Warrant shall constitute an original contractual obligation of the
Corporation, whether or not the allegedly lost, stolen, mutilated or destroyed
Warrant shall be at any time enforceable by anyone.

10. NOTICES, ETC. All notices and other communications required or permitted
hereunder shall be in writing and shall be sent by telex, telegram, express mail
or other form of rapid communications, if possible, and if not then such notice
or communication shall be mailed by first-class mail, postage prepaid, addressed
in each case to the party entitled thereto at the following addresses: (a) if to
the Corporation, to Zenascent, Inc., Attention: President, 1 Montauk Highway,
Southampton, New York 11968 and (b) if to the Holder, [ADDRESS OF HOLDER], or at
such other address as one party may furnish to the other in writing. Notice
shall be deemed effective on the date dispatched if by personal delivery,
telecopy, telex or telegram, two days after mailing if by express mail, or three
days after mailing if by first-class mail.

11. ACCEPTANCE. Receipt of this Warrant by the Holder shall constitute
acceptance of and agreement to all of the terms and conditions contained herein.

12. GOVERNING LAW. This Warrant and all rights, obligations and liabilities
hereunder shall be governed by the laws of the State of New York.

<PAGE>

      IN WITNESS WHEREOF, the Corporation has caused this Warrant to be executed
by its duly authorized officer as of _____________, 2002.

                              ZENASCENT, INC.

                              By:
                                 ---------------------------------------
                              Name:
                              Title:

ATTEST:

----------------------------
Secretary

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