EXHIBIT (10)(53) FORM OF DEBT EXCHANGE AGREEMENTDebt Exchange Agreement • August 22nd, 2011 • Attitude Drinks Inc. • Beverages • Florida
This Note is being issued in replacement of two Short Term Bridge Loans, one dated April 2, 2008 with principal balance of[$120,000 originally issued in the name of Opportunity Fund LLC (the “Original Note”) as well as a second loan dated May 29, 2008 with principal balance of $33,000 also issued in the name of Opportunity Fund LLC. The Original Notes have an outstanding balance of $221,937 (in principal and interest) owed as of June 30, 2011. The Original Note and related guarantee was sold pursuant to that certain Agreement for Purchase and Sale of Notes and Personal Guarantee dated May 23, 2011 between Holder and Opportunity Fund LLC.
