Global Developments Inc. Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • November 29th, 2006 • Global Developments Inc. • New York

This Registration Rights Agreement (the “Agreement”) is made and entered into as of this 3rd day of May, 2006 by and among New World Entertainment Corp., a Nevada corporation (the “Company”) and the “Lenders” named in that certain Loan Agreement by and among the Company (the “Loan Agreement”).

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ENGAGEMENT AGREEMENT
Engagement Agreement • November 29th, 2006 • Global Developments Inc. • British Columbia
Sample 1Sample 2Sample 3
CONVERTIBLE DEBENTURE (the “Debenture")
Convertible Debenture • November 29th, 2006 • Global Developments Inc.

This Debenture is specifically acknowledged to be a continuing security for all indebtedness of the Company outstanding from time-to-time, including for all re-advances after any payments of Principal, partial or otherwise, until discharged by the Lender in writing.

Sample 1Sample 2
MORNINGSTAR CORPORATION CONVERTIBLE DEBENTURE (the “Debenture")
Convertible Debenture • November 29th, 2006 • Global Developments Inc.

This Debenture is specifically acknowledged to be a continuing security for all indebtedness of the Company outstanding from time-to-time, including for all re-advances after any payments of Principal, partial or otherwise, until discharged by the Lender in writing.

Sample 1Sample 2
ENGAGEMENT AGREEMENT
Engagement Agreement • November 29th, 2006 • Global Developments Inc. • British Columbia
Sample 1Sample 2
ENGAGEMENT AGREEMENT
Engagement Agreement • November 29th, 2006 • Global Developments Inc. • British Columbia
Sample 1
SECURITY AGREEMENT
Security Agreement • November 29th, 2006 • Global Developments Inc. • New York
Sample 1
CONFIDENTIAL TERM SHEET
Term Sheet • November 29th, 2006 • Global Developments Inc.

Terms: At the end of the period from the date of issue, UBA Technology agrees to pay back the principle plus interest to the Lender.

Sample 1
MORNINGSTAR CORPORATION CONVERTIBLE DEBENTURE (the “Debenture")
Morningstar Corporation • November 29th, 2006 • Global Developments Inc.

This Debenture is specifically acknowledged to be a continuing security for all indebtedness of the Company outstanding from time-to-time, including for all re-advances after any payments of Principal, partial or otherwise, until discharged by the Lender in writing.

Sample 1
ENGAGEMENT AGREEMENT
Engagement Agreement • November 29th, 2006 • Global Developments Inc. • British Columbia
Sample 1
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