Document:

<PAGE>

EXHIBIT 10.6
        Notice: This Instrument contains a confession of judgment clause.

                               SENIOR SECURED NOTE

$750,000.00                                                    December 27, 1999
                                                                    New York, NY

         FOR VALUE RECEIVED, GLOBALETUTOR.COM, INC., a Nevada corporation
("Maker"), promises to pay to DIGITAL LAUNCH, INC. or its assigns ("Holder"), or
to order, the principal sum of SEVEN HUNDRED FIFTY THOUSAND DOLLARS ($750,000),
together with interest on the unpaid principal balance hereof from time to time
outstanding at the rate of one percent (1%) over the Prime Rate as reported in
The Wall Street Journal, Eastern Edition, until the Note is paid in full.

         The entire unpaid principal balance of this Note, together with all
unpaid interest, shall be paid not later than December 31, 2002, and it may be
prepaid at Maker's option in whole or in part without penalty or premium. Any
amounts due hereunder and not paid when due shall accrue interest at a rate
equal to the greater of the interest rate set forth above and 14% per annum.

         Repayment of this Note is secured by a security interest in certain
shares of capital stock (the "Collateral") owned by Thomas McMurrain (the
"Shareholder") pursuant to a security agreement of even date herewith among the
Shareholder and Holder (the "Security Agreement").

         Upon the occurrence of an Event of Default the Holder shall have then,
or at any time thereafter, all of the remedies provided in the Investment
Agreement, including accelerating all amounts then owed, and all of the remedies
afforded by the Uniform Commercial Code as from time to time in effect in the
State of New York or afforded by other applicable law. "Event of Default" when
used herein, whatever the reason for such Event of Default and whether it shall
be voluntary or involuntary or be effected by operation of law pursuant to any
judgment, decree, or order of any court or any order, rule, or regulation of any
administration or government body or be caused by the provisions of any
paragraph herein, means any one of the following events:

                  (a) Default in the payment of any interest on this Note when
         it becomes due and payable, and continuance of such default for a
         period of 30 days; or

                  (b) Default in the payment of the principal amount of this
         Note when due, whether at maturity, upon prepayment, or otherwise; or

                  (c) Default in the performance or breach of any covenant or
         warranty of Maker in this Note (other than a covenant or warranty the
         breach or default in performance of which is elsewhere in this section
         specifically dealt with), and continuation of such default or breach
         for a period of 60 days after there has been given to Maker by
         certified mail, by the holder of this Note, a written notice specifying
         such default or breach and requiring it to be remedied and stating that
         such notice is a notice of default hereunder; or

                  (d) The entry of a decree or order by a court having
         jurisdiction in the premises adjudging Maker a bankrupt or insolvent
         under the Federal Bankruptcy Act or any other applicable federal or
         state law, or appointing a receiver, liquidator, assignee, trustee (or
         other similar official) of Maker or of any substantial part of its
         property, or ordering the winding up or liquidation of its

<PAGE>

         affairs, and the continuance of any such decree or order unstayed and
         in effect for a period of 60 consecutive days; or

                  (e) The institution by Maker of proceedings to be adjudicated
         a bankrupt or insolvent, or the consent by it to the institution of
         bankruptcy or insolvency proceedings against it, or a filing by it of a
         petition or answer or consent seeking reorganization or relief under
         the Federal Bankruptcy Act or any other applicable federal or state
         law; or the consent by it to the filing of any such petition or the
         appointment of a receiver, liquidator, assignee, trustee (or other
         similar official) of Maker or of any substantial part of its property,
         or the making by it of any assignment for the benefit of creditors, or
         the admission by it in writing of its inability to pay its debts
         generally as they become due, or the taking of corporate action by
         Maker in furtherance of any such action.

         If an Event of Default occurs and is continuing, then, in every such
case, the holder of this Note may declare the principal of this Note to be due
and payable immediately, by a notice in writing to Maker of such default, and
upon any such declaration, such principal shall become immediately due and
payable. At such time after such declaration of acceleration has been made, and
before a judgment or decree for payment of money due has been obtained by the
holder, the holder of this Note, by written notice to Maker, may rescind and
annul such declaration and its consequences, if all Events of Default, other
than the nonpayment of the principal of this Note which has become due solely by
such acceleration, has been cured or waived. No such rescission shall affect any
subsequent default or impair any right consequent thereon.

         So long as any amounts remain unpaid and outstanding under this Note,
Maker agrees with Holder as follows, except as otherwise agreed or consented to
in writing by Holder:

         (1) INSPECTION. The Maker shall permit the Holder, or any authorized
representative thereof, to visit and inspect the properties of Maker, including
its corporate and financial records, and to discuss its business and finances
with officers of the Maker, without prior notice and as often as may be
reasonably requested.

         (2) FINANCIAL STATEMENTS AND OTHER INFORMATION. Maker will deliver to
the Holder:

                  (a) within 90 days after the end of each fiscal year of the
Maker, a balance sheet of the maker as at the end of such year and statements of
income and of changes in financial condition of the Maker for such year,
reviewed by certified public accountants, and prepared in accordance with
generally accepted accounting principles;

                  (b) within 45 days after the end of each fiscal quarter of the
Maker, a balance sheet of the maker as at the end of such quarter, and
statements of income and of changes in financial condition of the Maker for such
fiscal quarter and for the current fiscal year to the end of such fiscal
quarter; and

                  (c) within 30 days after the end of each month, a balance
sheet of the maker as at the end of such month and statements of income of the
Maker for such month and for the current fiscal year to the end of such month,
setting forth in comparative form the Maker's projected financial statements for
the corresponding periods for the current fiscal year.

         (3) MATERIAL CHANGES AND LITIGATION. The Maker will promptly notify the
Holder of any material adverse change in the business, properties, assets or
condition, financial or otherwise, of the Maker and of any litigation or
governmental proceeding or investigation pending or, to the best knowledge of
the Maker, threatened against the Maker, or against any officer, director, key
employee or principal stockholder of the Maker materially

<PAGE>

affecting or which, if adversely determined, would materially adversely affect
its present or proposed business, properties, assets or condition taken as a
whole.

         (4) MERGERS AND OTHER TRANSFERS. The Maker will not merge or
consolidate with any person, firm, association or corporation, (ii) transfer,
sell, assign, lease or otherwise abandon or dispose of (whether in one
transaction or a series of transactions) any material part of its assets except
in the normal course of business, (iii) change the nature of its business, (iv)
create any subsidiaries, or (v) liquidate, dissolve or cease active business
operations.

         (5) ARTICLES OF INCORPORATION AND BYLAWS. The Maker will not amend its
Articles of Incorporation or Bylaws.

         (6) JUDGMENTS AND LIENS. The Maker shall not create, incur, assume or
permit to exist any mortgage, lien, security interest, charge or encumbrance on
any property or assets now owned or hereafter acquired by it except:

                  (a) Liens arising out of judgments or awards (A) which have
been in force less than the applicable appeal period so long as execution is not
levied thereunder, or (B) in respect of which the Maker shall in good faith be
prosecuting an appeal or proceedings for review and in respect of which the
Maker shall have secured a subsisting stay of execution pending such appeal or
proceedings for review;

                  (b) Liens for taxes, assessments or governmental charges or
levies, provided payment thereof shall not at the time be required;

                  (c) Deposits, liens, bonds or pledges to secure payment of
worker's compensation, unemployment insurance, pensions, regulatory obligations
or other social obligations, surety, stay or appeal bonds, or other similar
obligations arising in the ordinary course of business;

                  (d) Mechanic's, worker's, repairmen's, warehousemen's,
vendor's, or carrier's liens, or other similar liens arising in the ordinary
course of business and securing sums which are not past due, or deposits or
pledges to obtain the release of any such liens;

                  (e) Liens arising by operation of law under lease agreements
made in the ordinary course of business and confined to the property rented;

                  (f) Liens on property securing the purchase price of property
acquired after the date hereof provided that each of such liens (A) is given
solely to secure indebtedness not exceeding one hundred percent (100%) of the
lesser of the cost or fair market value of such property, (B) does not extend to
any other property and (C) is given at the time of acquisition of the property;

                  (g) Currently outstanding liens; and

                  (h) Extension, renewal or refunding of indebtedness secured by
liens permitted by the foregoing, provided that the then outstanding amount of
such indebtedness is not increased and such liens do not extend to property not
then encumbered thereby.

         (7) PURCHASE OF SECURITIES. The Maker will not purchase the outstanding
equity securities of any other person, firm, association or corporation, except
obligations issued or guaranteed by the United States government or any state or
political subdivision thereof or other short-term instruments normally

<PAGE>

marketed by banks and nationally recognized brokerage firms, provided nothing
herein shall restrict the Maker from maintaining accounts with federally insured
banking institutions or money market funds.

         (8) DECLARATION OF DIVIDENDS, ETC. The Maker will not (i) make, pay or
declare any distributions or dividends of cash or property with respect to its
issued shares of Common or Preferred Stock; (ii) directly or indirectly redeem,
repurchase or otherwise reacquire any shares of its Common or Preferred Stock;
or (iii) make any other payments outside the ordinary course. The Maker is
further prohibited from declaring or distributing, without the prior written
approval of Holder in its sole discretion, any executive bonus or other form of
additional compensation considered to be unusual or excessive by industry
standards.

         (9) PAYMENTS TO OFFICERS. The Maker shall not loan or advance any
amount to, or sell, transfer or lease any properties or assets (real, personal
or mixed, tangible or intangible), to, or enter into any agreement or
arrangement with, any of the Maker's officers or directors, except for
compensation to officers pursuant to existing agreements and reimbursement of
expenses incurred by employees of the Maker in connection with their employment.
The Maker shall not increase the salary or other compensation payable to any
officer, employee or consultant of the Maker without the prior written approval
of the Holder.

         (10) INDEBTEDNESS. Except for the existing indebtedness reflected on
the balance sheets delivered previously to Holder, and indebtedness, whenever
incurred, which is subordinate to the Note, provided such subordinated
debtholder has signed an intercreditor agreement acceptable to Holder, the Maker
shall not incur any indebtedness for borrowed money, including pension fund
loans or purchase money indebtedness, or guarantee any such indebtedness or
issue or sell any debt securities of the Maker or guarantee in any manner
(including, without limitation, by agreeing to maintain the financial condition
of another person) any debt securities of others.

         (11) EXPENDITURES. The Maker shall deliver to holder a reasonably
detailed written use of proceeds description not later than the date of this
Note, and shall conform its expenditures and investments to such description,
except as the holder may otherwise consent.

         The covenants of the Maker contained above shall terminate, and be of
no further force or effect, upon the repayment in full of all amounts due under
the Note.

         Maker represents and warrants that this Note evidences one or more
loans made to the Maker for the purpose of carrying on a business or commercial
enterprise.

         All parties to the transaction evidenced by this Note, whether Maker,
guarantor, surety or endorser, hereby jointly and severally waive all exemption
rights, whether under any state constitution, homestead exemption or otherwise,
and also severally waive demand, presentment for payment, notice of dishonor,
valuation and appraisement and expressly agree that the maturity date hereof may
be extended from time to time without in any way affecting the liability of
Maker, any guarantor, surety or endorser.

         The obligations evidenced by this Note shall be the joint and several
obligations of all makers, sureties, guarantors and endorsers and shall be
binding upon them and their heirs, successors and permitted assigns.

         This Note is subject to the express condition that at no time shall
Maker be obligated to pay interest hereunder at a rate which could subject the
Holder to either criminal or civil liability as a result of

<PAGE>

being in excess of the maximum rate which Maker is permitted by law to contract
or agree to pay. If, by the terms of this Note, Maker is at any time obligated
to pay interest at a rate in excess of such maximum rate, the rate of interest
under this Note shall be deemed to be immediately reduced to such maximum rate
and interest payable hereunder shall be computed at such maximum rate, and the
portion of all prior interest payments in excess of such maximum rate shall be
applied and shall be deemed to have been payments in reduction of the principal
balance of this Note.

         If this Note is not paid when due, Maker hereby irrevocably authorizes
any clerk of any court of record or any attorney to enter in any court of
competent jurisdiction in the State of New York or the State of Georgia, or any
other State or Territory of the United States, judgment by confession against
the Maker and in favor of the holder of this Note for the entire amount of this
Note then remaining unpaid (including principal, accrued interest and late
charges), together with attorney's fees equal to fifteen percent (15%) of the
unpaid balance of this Note and court costs, without issuance or service of
process, stay of execution or right of appeal, and expressly waiving the benefit
of all exemption laws (whether by state constitution, homestead exemption or
otherwise) and all irregularity or error in entering said judgment or the
execution thereon. No single exercise of the foregoing power to confess judgment
shall be deemed to exhaust the power, whether or not any such exercise shall be
held by any court to be invalid, voidable or void, but the power shall continue
undiminished, and it may be exercised from time to time as often as the holder
of this Note shall elect, until such time as the holder of this Note shall have
received payment in full of all indebtedness of the Maker to the holder of this
Note under the terms hereof.

         THE MAKER HEREBY KNOWINGLY, VOLUNTARILY AND INTENTIONALLY WAIVES THE
RIGHTS IT MAY HAVE TO A TRIAL BY JURY IN ANY LITIGATION BASED HEREON, OR ARISING
OUT OF, OR IN CONNECTION WITH, THIS NOTE. THIS PROVISION IS A MATERIAL
INDUCEMENT FOR THE HOLDER TO ENTER INTO THE CONTEMPLATED TRANSACTION. THE HOLDER
HEREBY WAIVES ITS RIGHT TO JURY TRIAL TO THE SAME EXTENT AS SUCH RIGHT IS WAIVED
BY THE MAKER.

         None of the terms or provisions of this Note may be excluded, modified,
or amended except by a written instrument duly executed on behalf of the Holder
expressly referring hereto and setting forth the provision so excluded, modified
or amended.

         This Note shall be governed by the laws of the State of New York.

ATTEST:                                              GLOBALETUTOR.COM, INC.

----------------------------                         By: /s/ Thomas McMurrain
Name:                                                Title: Vice President

<PAGE>

                            SECURITY AGREEMENT

         This SECURITY AGREEMENT is dated as of December 28, 1999, and is
executed by THOMAS MCMURRAIN ("Shareholder"), with an address at
________________________, pursuant to the terms of that certain Senior
Secured Note ("Note"), dated this same date, executed and delivered by
GLOBALETUTOR.COM, INC., a Nevada corporation ("Global"), to DIGITAL LAUNCH,
INC., a Delaware corporation, and pursuant to that certain Agreement and Plan
of Reorganization (the "Acquisition Agreement"), entered into as of this same
date by and among Shareholder, Global and Digital. In consideration of the
promises, covenants and agreements herein and therein, Shareholder hereby
agrees that Digital shall have the rights, remedies and benefits hereinafter
set forth.

         1.       For the purposes of this Agreement:

                  (a) The term "Liabilities" shall include any and all
obligations and liabilities of any kind arising in any way of Global to Digital,
now existing or hereafter created, under the Note, the Acquisition Agreement or
otherwise; all liabilities and obligations of Global hereunder; as well as all
costs, expenses, advances and liabilities which may be made or incurred by
Digital in any way in connection with any of the Liabilities or any collateral
security therefor. The term also includes specifically, but not by way of
limitation, any damages, costs or expenses suffered by Digital or to which they
may become subject (1) as a result of the failure of Global to perform any
material obligation or term of the Note or the Acquisition Agreement, (2) in the
event that any of Global's representations in the Note or the Acquisition
Agreement are materially breached or untrue, regardless of when such breach may
be discovered, and (3) in the event of any challenge by any other person or
party to the authority of Global or the Shareholder to enter into the
acquisition transaction contemplated by the Acquisition Agreement or to take any
of the actions contemplated thereunder.

                  (b) The term "Collateral" shall mean all of the issued and
outstanding shares of capital stock of Global, all of which are owned by
Shareholder effective as of the date of the Note and of closing under the
Acquisition Agreement, consisting of 4,820,000 shares of common stock of Global.

                  (c) The term "Agent" shall mean such person or firm that shall
be appointed by Digital to take and retain possession of the Collateral in order
to perfect the security interest granted hereunder, and Digital shall promptly
notify the Shareholder of the name and address of the Agent and of any change of
Agent.

         2. As security for the payment of all Liabilities, the Shareholder
hereby grants to Digital a continuing security interest in all the Collateral
referenced in 1(b) above and any part thereof.

         3. The Shareholder represents, warrants and covenants that:

                  (a) The Collateral constitutes all of the issued and
outstanding capital stock of Global as of the date hereof, and Global will not,
and Shareholder will take all necessary action such that Global does not, issue
any other shares of capital stock while the Note is outstanding, except with the
prior written approval of Digital.

                  (b) Shareholder has good title to the Collateral, free and
clear of any liens and encumbrances, excepting the security interests granted
hereby.

                  (c) This Agreement creates a valid and enforceable security
interest in the Collateral securing the payment of the Liabilities, and upon the
filing of the necessary financing statements, or the

<PAGE>

taking of possession of the Collateral which consists of securities, such
security interest will be a valid and perfected first priority security
interest.

                  (d) No authorization, approval or other action by, and no
notice to or filing with, any governmental authority or regulatory body is
required either (i) for the grant by the Shareholder of the security interest
granted hereby or for the execution, delivery or performance of this Agreement
by the Shareholder or (ii) for the perfection of or the exercise by Digital of
its rights and remedies hereunder except, if required, the filing of financing
statements.

         4. At any time and from time to time, upon the request of Digital, the
Shareholder will, at its own expense:

                  (a) Defend the Collateral against the claims and demands of
all persons.

                  (b) Deliver and pledge to Digital, endorsed or accompanied by
instruments of assignment or transfer satisfactory to Digital, any instruments,
documents and chattel paper which they may specify.

                  (c) Give, execute, deliver and file or record in the proper
governmental offices, any instrument, paper or document, including but not
limited to one or more financing statements under the Uniform Commercial Code,
satisfactory to Digital or Agent, or take any action, which Digital or Agent may
deem necessary or desirable in order to create, preserve, perfect, extend,
modify, terminate or otherwise affect any security interest granted pursuant
hereto, or to enable Digital or Agent to exercise or enforce any of the rights
of Digital hereunder.

                  (d) Keep, and stamp or otherwise mark, any of its documents,
instruments and chattel paper and its individual books and records relating to
any of the Collateral in such manner as Digital or Agent may require.

                  (e) Pay, or reimburse Digital or Agent in the amount of, all
expenses (including reasonable fees and expenses of attorneys, experts and
agents) incurred in any way in connection with the exercise, defense or
assertion of any rights or interests of Digital hereunder, the enforcement of
any provisions hereof, or the management, preservation, use, operation,
maintenance, collection, possession, disposition or enforcement of any of the
Collateral (all such expenses to be Liabilities hereunder).

         5. Without the prior written consent of Digital or Agent, Shareholder
shall not (i) transfer, sell or assign any of the Collateral; (ii) allow or
permit any other security interest or lien to attach thereto; (iii) file, or
authorize or permit to be filed, in any jurisdiction any financing statement
relating to any of the Collateral unless Digital is named as sole secured party;
(iv) permit any of the Collateral to be levied upon under any legal process; or
(v) permit anything to be done that may impair the value of any of the
Collateral or the security intended to be afforded hereby.

         6. Agent is hereby appointed Digital's attorney-in-fact to do all acts
and things which Digital may deem necessary to perfect and continue perfected
the security interest created hereby and to protect and preserve the Collateral.

         7. With this Agreement and the Collateral, the Shareholder shall
deliver to Digital an executed stock power, duly endorsed in blank, to
facilitate any foreclosure or transfer of the Collateral that may be required.

<PAGE>

         8. (A) Upon default by Shareholder or Global in the performance of any
covenant or agreement herein, in the Note, or in the Acquisition Agreement, or
any other agreement or document covering any of the Liabilities, or in the
discharge, payment or performance of any of the Liabilities, or if any
representation or warranty herein should prove untrue, or (B) in the event (1)
any of Shareholder's or Global's representations in the Acquisition Agreement
are materially breached or untrue, regardless of when such breach may be
discovered, or (2) there may be any challenge by any other person or party to
the authority of the Shareholder or Global to enter into the acquisition
transaction contemplated by the Acquisition Agreement or to take any of the
actions contemplated thereunder, Digital and the Agent shall have with respect
to the Collateral all of the rights and remedies of a secured party under the
Uniform Commercial Code or any other applicable law and all rights provided
herein or in any other applicable security or other agreement, all of which
rights and remedies shall, to the full extent permitted by law, be cumulative.
Digital or the Agent may sell the Collateral or any part thereof in one or more
parcels at public or private sale, at any place, for cash, on credit or for
future delivery, and at such price or prices and upon such other terms as
Digital may deem commercially reasonable. Any notice of sale, disposition or
other intended action by Digital or the Agent, sent to the Shareholder at the
address specified above, or such other address of Shareholder as Shareholder may
have notified Digital and the Agent from time to time, at least five days prior
to such action, shall constitute reasonable notice to the Shareholder.

         9. The powers conferred on Digital and the Agent hereunder are solely
to protect the interest of Digital in the Collateral and shall not impose any
duty upon them to exercise any such powers. Except for the safe custody of any
Collateral in its possession and the accounting for monies actually received by
it hereunder, Digital and the Agent shall have no duty as to any Collateral or
as to the taking of any necessary steps to preserve any right of or against
other parties pertaining to any Collateral. Shareholder agrees to indemnify
Digital and the Agent from and against any and all claims, losses and
liabilities growing out of or resulting from this Agreement (including, without
limitation, enforcement of this Agreement) or Digital's interest in the
Collateral, except claims, losses or liabilities resulting from Digital's or the
Agent's gross negligence or willful misconduct.

         10. No provision hereof shall be modified except by a writing signed by
Digital or the Agent, on behalf of Digital, and the Shareholder expressly
referring to the provision hereof so modified.

         11. This Agreement shall be binding upon and shall inure to the benefit
of the assigns or successors of the Shareholder and Digital.

         12. No delay, failure to enforce, or single or partial exercise on the
part of Digital in connection with any of its rights hereunder shall constitute
an estoppel or waiver thereof, or preclude other or further exercise or
enforcement thereof and no waiver of any default hereunder shall be a waiver of
any subsequent default.

         13. This Agreement shall be governed as to its validity, interpretation
and effect in accordance with the laws of the State of New York, except as
required by mandatory provisions of law and except if the validity or perfection
of the security interest hereunder, or remedies hereunder, in respect of any
particular Collateral are governed by the laws of a jurisdiction other than New
York. Unless the context otherwise requires, all terms used herein which are
defined in the Uniform Commercial Code as enacted in New York shall have the
meanings therein stated.

         This Agreement has been executed at New York, NY, as of the date first
set forth above.
                                                         SHAREHOLDER:
                                                         By /s/ Thomas McMurrain<PAGE>

EXHIBIT 10.7
                              INVESTMENT AGREEMENT

         This Investment Agreement is made this 31st day of December, 1999, by
and between DIGITAL LAUNCH, INC., a Delaware corporation with its principal
office at 250 West 57th Street, Suite 2032, New York, NY 10107 (the "Company"),
and Lancer Offshore Inc. with its principal office at Kaya Flamboyan 9, Curacao,
Netherlands Antillies ("Lender").

         In consideration of the mutual promises and covenants contained in this
Agreement, the parties hereto agree as follows:

         1. AUTHORIZATION AND SALE OF NOTE.

                  1.1 AUTHORIZATION. The Company has duly authorized the
borrowing of $750,000 and the sale and issuance of its convertible promissory
note, in the original principal amount of $750,000 (the "Note"), with interest
accruing thereon.

                  1.2 SALE OF NOTE. Subject to the terms and conditions of this
Agreement, at the Closing the Company will sell and issue to the Lender, and the
Lender will purchase, the Note. The purchase price of the Note shall be $750,000
(the "Purchase Price"). The form of the Note is attached hereto as EXHIBIT A.

                  1.3 USE OF PROCEEDS. It is understood and agreed that the
Company will use all of the Purchase Price to make a loan to GlobaleTutor.Com
Inc., a Nevada corporation with offices at 3340 Peachtree Road NE, Suite 1800,
Atlanta, GA 30326 ("Global"), in advance of a proposed acquisition of Global by
the Company. It is further understood and acknowledged that, in the event such
acquisition is not consummated, none of the Purchase Price will be available to
the Company for its business or operations because it shall have been loaned to
Global.

         2. THE CLOSING. The closing ("Closing") of the sale and purchase of the
Note under this Agreement shall take place on the date first set forth above, or
on such other date as is mutually agreeable to the Company and the Lender. At
the Closing, Lender will deliver to the Company $750,000 by wire transfer, and
the Company will deliver to the Lender the executed Note.

         3. REPRESENTATIONS OF THE COMPANY. The Company hereby represents and
warrants to the Lender as follows:

                  3.1 ORGANIZATION AND STANDING. The Company is a corporation
duly organized, validly existing and in good standing under the laws of the
State of Delaware, and has full corporate power and authority to conduct its
business as presently conducted and to enter into and perform this Agreement and
to carry out the transactions contemplated by this Agreement.

                  3.2 ISSUANCE OF NOTE. The issuance, sale and delivery of the
Note in accordance with this Agreement, have been, or will be on or prior to the
Closing, duly authorized by all necessary corporate action on the part of the
Company, and the Note when so issued, sold and delivered against payment
therefor in accordance with the provisions of this Agreement, will be duly and
validly issued, sold and delivered.

                  3.3 AUTHORITY FOR AGREEMENT. The execution, delivery and
performance by the Company of this Agreement and the Note have been duly
authorized by all necessary corporate action, and this Agreement,

<PAGE>

and the Note as of the time of its delivery, have been duly executed and
delivered by the Company. This Agreement and, when executed and delivered, the
Note, constitute valid and binding obligations of the Company enforceable in
accordance with their respective terms. The execution of and performance of the
transactions contemplated by this Agreement and the Note and compliance with
their provisions by the Company will not violate any provision of law and will
not conflict with or result in any breach of any of the terms, conditions or
provisions of, or constitute a default under, its Certificate of Incorporation
or Bylaws or any indenture, lease, agreement or other instrument to which the
Company is a party or by which it or any of its properties is bound, or any
decree, judgment, order, statute, rule or regulation applicable to the Company.

         4. REPRESENTATIONS BY THE LENDER. Lender represents and warrants to the
Company as follows:

                  (a) Lender has had an opportunity to discuss the Company's
business, management and financial affairs with directors, officers and
management of the Company and has had the opportunity to review the Company's
operations and facilities. Lender has also had the opportunity to ask questions
of and receive answers from, the Company and its management regarding the terms
and conditions of this investment. Lender also has received and reviewed a copy
of Global's Business Plan dated November 1999. Lender has been provided access
to all information requested in evaluating its investment. The Lender has relied
solely on the independent investigations made by the Lender in making this
investment. Without limiting the foregoing, Lender specifically acknowledges
that if the acquisition of Global is consummated, the Company will be launching
an entirely new line of business and will be exiting the skin-care business.
Therefore, the Company's historical financial statements and results do not
provide any indication of the Company's future prospects, costs, margins, risks
or potential.

                  (b) Lender is making its investment without being furnished
any offering literature or prospectus, and Lender has not been the subject of
any general solicitation. Lender has received and reviewed the Company's
unaudited financial statements for the years ended December 31, 1998 and 1997,
and for the period through September 30, 1999. It is understood and acknowledged
by Lender that as of the date hereof the Company has approximately $700,000 in
current liabilities, consisting principally of accounts payable to vendors,
suppliers, consultants and other third parties. The Company has agreed to sell
its entire skin-care business and related assets to a purchaser ("Purchaser")
that will agree to assume all of such liabilities and indemnify the Company
against all liabilities and claims related to the Company's skin-care business.
However, the Company has not consummated such transaction, and the Company has
not obtained releases from the foregoing liabilities from such vendors and
creditors. The Company intends to work with the Purchaser to obtain such
releases, but no assurances can be made, and no representations have been made
by the Company, that any releases will be obtained. Therefore, the extent to
which the Company may be relieved of such liabilities likely will depend upon
the Purchaser's financial condition, about which no representations are made by
the Company, and its ability to honor its agreement to assume such liabilities.
In addition, the sale of the skin-care business to the Purchaser will require
the approval of the Company's shareholders. If such approval is not obtained,
the transaction will not be consummated, and the Purchaser will not assume the
Company's liabilities relating to the skin-care business.

                  (c) Lender recognizes that the Note, and any shares received
on conversion of the Note, are being offered and sold pursuant to the exemption
from the registration requirements of the Securities Act of 1933, as amended
(the "Act"), afforded by Section 4(2), and that the Note and such shares have
not been registered under the Act or under the securities laws of any state and,
therefore, cannot be sold or otherwise transferred unless they are registered
under the Act and applicable state securities laws, or unless an exemption from
registration is available. The Lender has no right to require such registration.
Lender recognizes that no public agency has passed upon the accuracy or adequacy
of the information received by the Lender, or the fairness of the terms of the
offering.

<PAGE>

                  (d) Lender is acquiring the Note, and the shares which may be
delivered upon conversion of the Note, for its own account for investment and
not with a view to, or for sale in connection with, any distribution thereof,
nor with any present intention of distributing or selling the same; and Lender
has no present or contemplated agreement, undertaking, arrangement, obligation,
indebtedness or commitment providing for the disposition thereof.

                  (e) Lender is an "accredited investor" as defined in Rule 501
under the Act.

                  (f) Lender recognizes that the Company is a high-risk,
speculative venture, and that the total amount of funds tendered are placed at
the risk of the business and may be completely lost. Lender acknowledges and
understands that the Company will need to raise additional capital to survive,
and that if it fails to do so Lender's entire investment likely will be lost.

                  (g) Lender confirms and represents that it (i) is able to bear
the economic risk of its investment, (ii) is able to hold the Note, and any
shares which may be delivered upon conversion of the Note, for an indefinite
period of time, and (iii) can afford a complete loss of its investment without
any material change in lifestyle, and has available other personal liquid assets
to insure that the investment will not cause any undue financial difficulties or
affect its ability to provide for its current needs and possible personal
financial contingencies.

                  (h) Lender understands that any transfer of the Note and any
shares which may be delivered upon conversion of the Note will be restricted by
applicable U.S. law and may be restricted by applicable state securities laws
(including investment suitability standards). Lender understands that any
transferee may be required to represent to the Company that such transferee
meets the suitability standards required of an initial subscriber and, under the
circumstances, the transfer would not violate applicable laws. Lender
acknowledges that the Note and certificates representing any shares which may be
delivered upon conversion of the Note will bear a restrictive legend to the
effect that the Note and shares have been issued and sold under an exemption
from registration under federal and state law, and that the Note and shares may
not be transferred in the absence of an opinion of counsel satisfactory to the
Company that such transfer is in compliance with all applicable laws.

                  (i) All information which the Lender has provided to the
Company concerning the Lender's financial position and knowledge of financial
and business matters is correct and complete as of the execution date hereof. If
there should be any material change in such information prior to the Closing,
the Lender will immediately provide the Company with such information.

         4. INDEMNIFICATION. Lender agrees to indemnify and hold harmless the
Company from and against all damages, losses, costs and expenses (including
reasonable attorneys' fees) which may be incurred by reason of the inaccuracy or
breach of any representations or warranties made by the Lender herein or in
connection with the purchase of the Note or any shares which may be delivered
upon conversion of the Note, or in any document provided by the Lender to the
Company.

         5. SUCCESSORS AND ASSIGNS. The provisions of this Agreement shall be
binding upon, and inure to the benefit of, the respective successors and assigns
of the parties hereto.

         6. SURVIVAL OF REPRESENTATIONS AND WARRANTIES. All agreements,
representations and warranties contained herein shall survive the execution and
delivery of this Agreement and the closing of the transactions contemplated
hereby.

<PAGE>

         7. EXPENSES. Each party shall bear its own expenses in connection with
the preparation of this Agreement and the closing of the transactions
contemplated hereby.

         8. ENTIRE AGREEMENT. This Agreement, together with the Note, embodies
the entire agreement and understanding between the parties hereto with respect
to the subject matter hereof and supersedes all prior agreements and
understandings relating to such subject matter.

         9. AMENDMENTS AND WAIVERS. Except as otherwise expressly set forth in
this Agreement, any term of this Agreement may be amended and the observance of
any term of this Agreement may be waived (either generally or in a particular
instance and either retroactively or prospectively), with the written consent of
the Company and the Lender. No waivers of or exceptions to any term, condition
or provision of this Agreement, in any one or more instances, shall be deemed to
be, or construed as, a further or continuing waiver of any such term, condition
or provision.

         10. COUNTERPARTS. This Agreement may be executed in several
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one and the same instrument.

         11. HEADINGS. The headings of the sections, subsections, and paragraphs
of this Agreement have been added for convenience only and shall not be deemed
to be a part of this Agreement.

         12. SEVERABILITY. The invalidity or unenforceability of any provision
of this Agreement shall not affect the validity or enforceability of any other
provision.

         13. GOVERNING LAW. This Agreement shall be governed by and construed in
accordance with the laws of the State of New York.

         IN WITNESS WHEREOF, the undersigned have hereunto set their hands as of
the day and year first above written.

DIGITAL LAUNCH, INC.

By /s/ Terrence O. McGrath
Title: CEO

LENDER:

/s/ Michael Lauer

By: Lancer Offshore Inc.

Name: Michael Lauer

Title: Investment Manager

                                    EXHIBIT A

                       FORM OF CONVERTIBLE PROMISSORY NOTE

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00010-of-00352.parquet"}]]