Pauldrons of the Vanquished Champion

Pauldrons of the Vanquished Champion is a tier 5 armor token. It can be exchanged at Kelara at Shattrath's Aldor Rise or Veynna Dawnstar on the Scryer's Tier for the following items:


 * Crystalforge Pauldrons
 * Crystalforge Shoulderbraces
 * Crystalforge Shoulderguards
 * Deathmantle Shoulderpads
 * Cataclysm Shoulderguards
 * Cataclysm Shoulderpads
 * Cataclysm Shoulderplates

It can also be exchanged at Olus at the Isle of Quel'Danas for the following Season 2 PvP items:
 * Merciless Gladiator's Lamellar Shoulders
 * Merciless Gladiator's Leather Spaulders
 * Merciless Gladiator's Linked Spaulders
 * Merciless Gladiator's Mail Spaulders
 * Merciless Gladiator's Ornamented Spaulders
 * Merciless Gladiator's Ringmail Spaulders
 * Merciless Gladiator's Scaled Shoulders

Source
This item drops from Void Reaver in The Eye.