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
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.

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.

ENGAGEMENT AGREEMENT
Engagement Agreement • November 29th, 2006 • Global Developments Inc. • British Columbia
ENGAGEMENT AGREEMENT
Engagement Agreement • November 29th, 2006 • Global Developments Inc. • British Columbia
SECURITY AGREEMENT
Security Agreement • November 29th, 2006 • Global Developments Inc. • New York
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.

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.

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