Document:

CHAMPIONLYTE HOLDINGS. INC.
                           2999 N.E. 191st Street, PH2
                               Aventura, FL, 33180

April 28,2003

Mark Streisfeld

     Re:  Amendment to Settlement Agreement

Dear Mr. Streisfeld:

The following hereby sets forth the amendments to the settlement agreement dated
December  19,  2002  between  Championlyte  Holdings,  Inc.  f/d/a  Championlyte
Products,  Inc.  ("Championlyte"  and  or  "the  Company")  and  Mark  Steisfeld
("Streisfeld"):

1.   OBLIGATION:  Championlyte  presently owes  Streisfeld the sum of $44,333.33
     (the initial  settlement  amount of $60,000 less $3,000 paid upon execution
     and two monthly payments of $6,333.33).

2.   SETTLEMENT AND PAYMENT:  Streisfeld hereby agrees to accept the remaining 7
     monthly  payments of  $6,333.33 in the form of the  Company's  free trading
     stock in an amount  sufficient  to extinguish  his monthly debt.  The first
     payment  will be to  cover  the  April  and May  payments  outstanding  and
     thereafter the payments will be on the original monthly schedule.

All of the terms and  conditions  of the  agreement  dated  December 9, 2002 are
incorporated within.

Please  sign below to  acknowledge  your  agreement  to the terms of this letter
agreement   which  amends  your  December   19th   Settlement   Agreement   with
Championlyte.

Very truly yours,

CHAMPIONLYTE HOLDINGS, INC.

By: /s/ David Goldberg
   ---------------------------
     Dave Goldberg
     President

THE TERMS SET FORTH ABOVE ARE AGREEABLE AND ACCEPTABLE BY:

/s/ Mark Streisfeld
------------------------------
Mark Streisfeld

<PAGE>

                        ADDENDUM TO EMPLOYMENT AGREEMENT

This addendum dated April 10, 2003 (the "Addendum") is to that certain
Employment Agreement (the "Agreement") dated December 19, 2002 between
Championlyte Holdings. Inc. (the "Company") and Mark Streisfeld ("Streisfeld")
(collectively "the Parties"),

WITNESSETH:

WHEREAS, the Company desires to modify the agreement between the Parties to
reflect the following:

Additional  Compensation:  Streisfeld  shall  receive  1,650,000  shares  of the
Company's  common  stock which shall vest at a rate of 165,000  shares per month
from  the  date of  execution  and  shall  be  included  on the  Company's  next
Registration  Statement. In addition, the Company shall issue Streisfeld 150,000
shares  under its  current S8 over the next  seventy  five days.  The  Company's
management  has  determined it is in the best interest of the Company to provide
an incentive to Streisfeld for his long term  involvement  with the Company as a
Key Employee who is no longer an Officer or Director.

This  Agreement  may be  signed  in  counterparts,  each of  which  shall  be an
original, with the same effect as if the signatures thereto and hereto were upon
the same instrument.

IN WITNESS  WHEREOF,  the parties have executed this Amendment to the Employment
Agreement as of the date first above written.

                                            CHAMPIONLYTE HOLDINGS, INC.

                                            By /s/ David Goldberg
                                              ---------------------------
                                                 David Goldberg
                                                 President

                                            /s/ Mark Streisfeld
                                            ------------------------------
                                            Mark Streisfeld

<PAGE>

                                   AGREEMENT
                                   ---------

This Agreement dated the 19th day of December is between Mark Streisfeld  having
his principal  address c/o  ChampionLyte  Products,  Inc.,  1356 N.W. Boca Raton
Blvd., Boca Raton, FL 33432  ("Streisfeld") and Advantage Fund I, LLC having its
principal  address at 2999 NE 191st Street,  Penthouse 2, North Miami Beach,  FL
33180 (the "Fund"), and ChampionLyte Products, Inc, having its principal address
at  1356  N.W.  Boca  Raton  Blvd.,   Boca  Raton,  FL  33432  (the  "Company"),
(collectively, the "Parties").

WHEREAS  Streisfeld is currently the President of  ChampionLyte  Products,  Inc.
(the "Company") and;

WHEREAS the Fund is contemplating an investing in the Company and;

WHEREAS an affiliate of the Fund has agreed to acquire certain  Preferred Shares
owned by another  shareholder,  (a copy of this  proposal and its  acceptance is
attached hereto as Exhibit 'A') and;

WHEREAS the Parties agree that certain  management  and operating  changes occur
and;

WHEREAS the Parties both desire these  transactions to close and for the Company
to inure both the benefits of this  investment as well as the advice and counsel
of the Fund and its managing member;

THEREFORE the Parties have agreed as follows:

1.   Streisfeld  will tender his  resignation  as Presidcnt and agrees to accept
     the position of SR VP of Sales as of January 6, 2003.

2.   Streisfeld will agree to a modification to his current employment agreement
     including  position,  a base salary of Seventy Five  Thousand per year with
     performance  based commissions based on collected revenue by the company at
     the rate of 3% for the  first  year,  2% on the  second  year and 1% on the
     third year only on new  business  he directly  procures.  He also agrees to
     waive all  golden  parachute  provisions  and in its  place a 2 month  base
     salary severance provision will apply.

3.   Streisfeld  agrees  to waive all of his  deferred  salary as of the date of
     this letter agreement.

4.   Company  agrees to pay a total  settlement of back unpaid salary of $60,000
     under the  following  terms.  $3,000  simultaneous  with the Closing of the
     purchase of the  Preferred  Shares by the  affiliate of the Fund,  with the
     remainder  to be paid in nine  equal  monthly  installments  with the first
     being paid February 1, 2003 and with the last being paid October 1, 2003.

5.   The Parties shall  execute  mutual  releases of any and all claims  between
     them.

<PAGE>

6.   The Company shall continue to indemnify Streisfeld as per its directors and
     officers insurance as well as the indemnifications more fully delineated in
     its by-laws.

This  Agreement  shall be held in escrow by the escrow  attorney's as more fully
described in Exhibit  'A', If for any reason the  affiliate of the Fund does not
close on the Purchase of the Preferred Shares by January 6, 2003, this Agreement
shall be null and void.

This Agreement  constitutes the entire  agreement  between the Parties and shall
not be amended in any way except by a signed written amendment between them.

Agreed and Accepted this 31st day of December 2002 by:

/s/ Mark Streisfeld               /s/ Robert Press 1/6/03
-------------------------         -----------------------------
Mark Streisfeld                   Bob Press Vice President
                                  Advantage Fund I, LLC

                                  /s/ illegible 1/6/03
                                  -----------------------------
                                  ChampionLyte Products, Inc.Exhibit 10.13

                        ADDENDUM TO SETTLEMENT AGREEMENT

This addendum dated July 2, 2003 (the "Addendum") is to that certain  settlement
agreement (the "Agreement") dated March 27, 2003 between  Championlyte  Holdings
Inc. (the "Company")  Elaine  Streisfeld and Stanley  Streisfeld  ("Streisfeld")
(collectively "the Parties").

WITNESSETH:

WHEREAS,  the  Company  desires to modify the  agreement  between the Parties to
reflect the following:

Streisfeld  shall receive an additional  413,958 shares of the Company's  common
stock which shall be paid upon execution. These shares plus the remaining shares
to be issued under the Agreement shall be included on the Company's Registration
Statement.  In  return,   Streisfeld  has  agreed  to  conform  to  144  leakage
limitations  on the timing and amount of sales of the stock  received  under the
Agreement

This  Agreement  may be  signed  in  counterparts,  each of  which  shall  be an
original,  with the same effect as if the signature thereto and hereto were upon
the same instrument.

IN WITNESS  WHEREOF,  the parties have executed this Amendment to the Settlement
Agreement as of the date first above  written and  acknowledge  and  incorporate
within the terms and conditions of the March 27,5003 Agreement,

CHAMPIONLYTE HOLDINGS, INC.

By /s/ David Goldberg
   ---------------------------
       David Goldberg
       President

   /s/ Elaine Streisfeld
---------------------------
       Elaine Streisfeld

  /s/  Stanley Streisfeld
---------------------------
       Stanley Streisfeld

<PAGE>

                           CHAMPIONLYTE PRODUCTS, INC.
                       2999 NE 191" STREET, PENTHOUSE TWO
                             AVENTURA, FLORIDA 33180

March 27,2003
Ms. Elaine Streisfeld
8 Belmont Drive
Monticello, New York 12701

     Re:  Elaine Streisfeld ("Elaine Streisfeld") with Championlyte Products,
          Inc. ("Championlyte")

Dear Ms. Streisfeld:

The following hereby sets forth the settlement agreement  ("Agreement")  between
Streisfeld and Championlyte:

1)   OBLIGATION: Championlyte presently owes Streisfeld the sum of $140,000 plus
     interest based on the following three (3) promissory notes ("Notes"):

           i. A. July 23,2002- $60,000;

          ii. B. July 31,2002- $40,000; and

         iii. C. September 23, 2002 $40,000

2)       SETTLEMENT AND PAYMENT:  Championlyte  hereby a p e s to pay Streisfeld
         the sum of $140,000 in  Championlyte  common  stock  ("Stock')  as hull
         settlement  of the  obligations  set forth in  paragraph  1 above.  The
         $140,000  shall be paid in four (4)  equal  quarterly  installments  of
         $35,000 worth of Stock per quarter. The issuance of such Stock shall be
         based on a twenty (20%) percent  discount of the average  closing price
         of the Stock for the three (3)  trading  days  preceding  each  payment
         date.  The  first  payment  shall  commence  on April 1,  2003 and each
         subsequent  payment shall be made ninety days  thereafter.  Such shares
         shall be issued in accordance  With Rule 144 of the  Securities  Act of
         1933. Notwithstanding the above, the Company has the fight, at its sole
         discretion  to make  any  payment  in the form a check  instead  of the
         issuance of the Stock.  If the  Company  decided to make any payment by
         check  instead of Stock,  then each such payment  shall be $35,000 plus
         twenty (20%)  percent for a payment of $42,000.  Payment by the Company
         via check of my quarterly payment does not waive the Company's right to
         make any  subsequent  payment in stock  pursuant  to the terms o f this
         Agreement.

3)       RELEASE:  Streisfeld  hereby  releases,  waives,  satisfier and forever
         discharges  Championlyte  of  and  from  my  and  all  actions,  suits,
         controversies,  damages,  claims and demands  whatsoever,  in law ox in
         equity,  which  Streisfeld  ever  had,  now  has  or may  have  against
         Championlyte  arising  out of or  relating  to the  Notes  and my other
         agreement entered into in connection therewith

4)       NOTICE:  All notices,  requests and instructions  hereunder shall be in
         writing and delivered to each party at the addresses set forth above or
         to such other  address as may from time to rime be  designed by a party
         hereto.

5)       SEVERABILITY: In h e event that any term, covenant, condition, or other
         provision  contained  herein is held to be invalid,  void or  otherwise
         unenforceable by any court Of competent jurisdiction, the invalidity of
         any such term, covenant, condition;  provision or Agreement shall in no
         way  affect  any  other  term,  covenant,  condition  or  provision  or
         Agreement  contained  herein,  which  shall  remain  in full  force and
         effect.

6)       ENTIRE AGREEMENTS: This Agreement contains all of the terms agreed upon
         by  the  parties  with  respect  to the  subject  matter  hereof,  This
         Agreement has been entered into after full investigation.

7)       AMENDMENTS:  No  amendments  or  additions to this  Agreement  shall be
         binding  unless in writing,  signed by both  parties,  except as herein
         otherwise provided.

8)       NO ASSIGNMENTS: Neither party may assign nor delegate any of its rights
         or obligations hereunder without first obtaining the written consent of
         the other party.

9)       TIME IS OF THE ESSENCE; & DEFAULT:  All due dates shall be "time of the
         essence".  In the event that payment is not made, and a grace period of
         five  business days passes  without the default  being cured,  then the
         payments would  immediately be accelerated and the entire balance would
         become due and owing.

10)      ATTORNEY'S FEES: Should Mrs.  Streisfeld have to retain the services of
         an attorney to enforce her rights under this Agreement and provided she
         is  successful,  then she shall be entitled to  reasonable  legal fees,
         costs,  disbursements and out o f pocket expenses  associated with such
         litigation.

Please sign below to acknowledge the terms of this Agreement.

CHAMPIONLYTE PRODUCTS, INC.

BY: /s/ Marshall Kanner
    ---------------------------
        MARSHALL KANNER
        CHIEF OPERATING OFFICER

THE TERMS AS SET FORTS ABOVE ARE AGREEABLE AND ACCEPTABLE BY:

BY: /s/ Elaine Streisfeld
    ------------------------
        ELAINE STREISFELD

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00056-of-00352.parquet"}]]