How did the Eric Clapton song "Badge" get it's name?

Question

I've heard two different explanations and I'm wondering which (if either) is correct.

Answer 1

Clapton co-wrote the song with George Harrison. Clapton saw Harrison's notes for this, and misread "Bridge" as "Badge." He thought that is what Harrison named the song, so they used it for the title.

Answer 2

I'm only answering this because I love that song. My guess, and it's just that...a guess...is that it's a nickname of a friend. If you can come up with the 'real' right answer, let me know.