REVOLVING PROMISSORY NOTE

Exhibit 10.2

REVOLVING PROMISSORY NOTE

FOR VALUE RECEIVED, CRUZAN INTERNATIONAL, INC. , a corporation formed under the laws of Delaware (the “Borrower”), having its address at Suite 1500, 222 Lakeview Avenue, West Palm Beach, Florida 33401, USA, hereby promises to pay to V&S VIN & SPRIT AB (publ) (the “Lender”), at its offices located at Årstaängsvägen 19a, 117 97 Stockholm, Sweden or at such other place that the Lender may designate in writing, in lawful money of the United States of America and in immediately available funds, the principal amount of US Dollars TEN MILLION (US $10,000,000.00) on December 15, 2006, (the “Final Maturity Date”) or such lesser principal amount, as may be due as shown on the grid attached to this Note (the “Grid”) from time to time, together with interest on the unpaid principal amount owing hereunder from time to time as shown thereon.  The entries made on the Grid shall be presumptive evidence of the existence and amounts of the obligations of the Borrower thereon recorded absent manifest error.

Subject to the terms and conditions hereof, during the period from the date hereof to the Final Maturity Date, Lender agrees to make revolving loans to the Borrower in an aggregate principal amount at any time outstanding up to US Dollars Ten Million (US $10,000,000.00), and the Borrower may borrow, repay and re-borrow such revolving loans.  Borrowings may be made by the Borrower from time to time from the Lender (each such borrowing called a “Borrowing”) with an interest period starting on the date the amount of the Borrowing is received from the Lender (a “Utilization Day”) upon the Borrower’s written request and ending on a specific date which shall be agreed between the Lender and the Borrower (the “Interest Period”). If the Borrower and the Lender do not agree on an Interest Period for a specific Borrowing within seven (7) days of such Utilization Date, the duration of the Interest Period for said Borrowing shall be deemed to be one month.  The principal amount of such Borrowing, together with the then outstanding aggregate principal balance of Borrowings, shall not exceed the maximum principal amount of this Note.

The interest rate on each Borrowing outstanding under this Note shall be (i) the rate set by the British Bankers Association being defined as the London Inter-bank Offered Rate (LIBOR) for US Dollars as published by Reuters News Service two banking days before the Utilization Day for the agreed Interest Period (the “Rate”), plus (ii) a margin of 0.90% (the “Margin”),.  The applicable Rate plus the Margin shall be referred to herein as the “Total Interest Rate.”  If an Interest Period in respect of a Borrowing borrowed under this Note would otherwise overrun the Final Maturity Date, it shall be shortened so that it ends on the Final Maturity Date.