Document:

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                                                                 EXHIBIT 10.38

                               ISP AND MICROSOFT
                   NETWORK CREDITS PROGRAM SERVICES AGREEMENT

      This Network Credits Program Services Agreement (the "Agreement") is
entered into and effective as of October 1, 1999 (the "Effective Date") by and
between Microsoft Corporation, a Washington corporation located at One Microsoft
Way, Redmond, WA  98052 ("Microsoft") and ISP, as described immediately below.

      This Agreement is entered into with reference to the following ISP
details, as well as the definitions set forth in Section 1 and elsewhere in this
Agreement:

--------------------------------------------------------------------------------
 ISP Corporate Information:          Corporate Name: Entertainment Boulevard.,
                                     Inc.
                                     Place of Incorporation: Nevada
                                     Address for Notices: 12910 Culver Blvd.
                                     Suite I, Los Angeles, CA 90066
--------------------------------------------------------------------------------
 ISP Contact:                        ISP Contact/Title: Adam Clampitt/VP
                                     Business Development
                                     Telephone Number: 310-578-5404
                                     Facsimile Number: 310-578-6304
                                     Email: adam@entertainmentblvd.com
--------------------------------------------------------------------------------
 ISP Name and ISP Service Name(s)    ISP Name: Entertainment Boulevard
 (as requested for press release):   ISP Service Name(s): Encoding
--------------------------------------------------------------------------------
 "ISP Web Site":                     www.entertainmentblvd.com and any
                                     successors, additional and/or new versions
                                     of such Web site(s) owned or controlled by
                                     ISP during the Term
--------------------------------------------------------------------------------
 "Term":                             Beginning on the Effective Date and
                                     continuing through October 1, 2000 unless
                                     earlier terminated in accordance with
                                     Section 9
--------------------------------------------------------------------------------

1.     DEFINITIONS

1.1    ABOVE THE FOLD means the placement of Content (including an icon and/or
       link) or other material on ISP Web Site pages such that the material is
       viewable on a computer screen at a 800 x 600 pixels resolution when the
       user first accesses such Web page and without having to scroll down to
       view more of the Web page.

1.2    ASF means the proposed industry standard format referred to as the
       "Advanced Streaming Format," which, as of the Effective Date, is in
       comment/revision processes within industry standards bodies, and also any
       successors or replacements for such format that may be designated by
       Microsoft.

1.3    CONFIDENTIAL INFORMATION means: (a) any source code of software
       disclosed by either party to the other party; (b) any trade secrets
       and/or other proprietary non-public information not generally known
       relating to either party's product plans, designs, costs, prices or
       names, finances, marketing plans, business opportunities, personnel,
       research, development or know-how; and (c) the terms and conditions of
       this Agreement.  "Confidential Information" does not include information
       that: (i) is or becomes generally known or available by publication,
       commercial use or otherwise through no fault of the

MICROSOFT CONFIDENTIAL & PROPRIETARY                                PAGE 1 OF 15
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       receiving party; (ii) is known and has been reduced to tangible form
       by the receiving party prior to the time of disclosure and is not subject
       to restriction; (iii) is independently developed by the receiving party
       without the use of the other party's source code, trade secrets,
       information, or terms and conditions (all as referenced and further
       described in clauses (a), (b) and (c) of this Section 1.3); (iv) is
       lawfully obtained from a third party that has the right to make such
       disclosure; or (v) is made generally available by the disclosing party
       without restriction on disclosure.

1.4    CONTENT means data, text, audio, video, graphics, photographs, artwork
       and other technology and materials.

1.5    ISP SERVICES means the provision by ISP, at any time during the Term, of
       development, production, encoding, hosting, management, delivery, and/or
       other services involving "live," "on-demand" or archived Streaming Media,
       or applications related to the downloading and playing of multimedia
       Content, to third parties.

1.6    ISP SERVICES GUIDELINES means the guidelines and procedures on (i) how
       ISP will be engaged by Network Credits Program Participants to deliver
       ISP Services to such customers, and (ii) how ISP will apply Network
       Credits against such provision of services, all as more fully described
       in Exhibit A.

1.7    MICROSOFT SOFTWARE means Windows NT Server (including Microsoft Windows
       NT Server Windows Media Services), Windows Media Tools, Microsoft Site
       Server 4.0, and all Updates thereto that are commercially released during
       the Term.

1.8    NETWORK CREDITS means credits available to Network Credits Program
       Participants that may be applied against the cost of ISP Services
       pursuant to the ISP Services Guidelines. The total dollar value of
       Network Credits available under this Agreement shall equal the dollar
       amount paid to ISP by Microsoft during the Term, as set forth in
       Section 2.1.  Exhibit A sets forth additional terms agreed to by the
       parties with respect to the valuation of such Network Credits.

1.9    NETWORK CREDITS PROGRAM means the program established by Microsoft
       whereby Network Credits Program Participants may use Network Credits to
       obtain third parties' services, such as ISP Services, to deliver Content
       to Network Credits Program Participant customers through the use of
       Windows Media Technologies.

1.10   NETWORK CREDITS PROGRAM PARTICIPANT means an Internet content provider or
       other entity (which may include Microsoft) designated by Microsoft in its
       sole discretion to participate in the Network Credits Program.

1.11   STREAMING MEDIA means multimedia Content that is transmitted and played
       or displayed via the Web incrementally, or in semi-real time, such that
       it can be heard, viewed or received by an end user with minimal download
       delays, if any.

1.12   UPDATES means, as to any Microsoft software, all subsequent public
       releases thereof during the Term, including public maintenance releases,
       error corrections, upgrades, enhancements, additions, improvements,
       extensions, modifications and successor versions.

1.13   WINDOWS MEDIA PLAYER means the North American English version of the
       upgrade to

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                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

       the Windows 95 and Windows 98 Microsoft Windows Media Player client
       technology that displays ASF, Windows Media Audio, other formats of
       Streaming Media, and other multimedia data-types, and all successors and
       Updates to such technology which are commercially released during the
       Term.

1.14   WINDOWS MEDIA TECHNOLOGIES means, collectively and interchangeably,
       Windows Media Player, Microsoft Windows NT Server Windows Media Services,
       and Windows Media Tools.

1.15   WINDOWS MEDIA TOOLS means a collection of Microsoft tools, including
       without limitation Windows Media Encoder, for creating and editing on
       demand and live Content in ASF and for converting other file formats to
       ASF.

All other initially capitalized terms shall have the meanings assigned to them
in this Agreement.

2.     MICROSOFT OBLIGATIONS

2.1    FEE. In consideration of ISP's provision of ISP Services to Network
       Credits Program Participants under this Agreement, Microsoft will pay the
       sum of $100,000 to ISP during the Term.  Microsoft will pay such amount
       in accordance with the following payment schedule:

       (a)   A payment of One Hundred Thousand Dollars ($100,000) shall be made
             to ISP by Microsoft within thirty (30) days after the effective
             date.

       The total dollar value of Network Credits available under this Agreement
       at any given date shall equal the dollar amount paid to ISP by Microsoft
       pursuant to this Section 2.1 through such date, less any Network Credits
       already applied for ISP Services to Network Credits Program Participants
       in accordance with the terms of this Agreement.

2.2    LICENSE GRANT. Microsoft hereby grants to ISP a non-exclusive,
       non-transferable, royalty-free license for the Term, subject to the
       further terms of the end user license agreement accompanying the
       applicable software, to use the Microsoft Software in object code form
       only on computers owned or controlled by ISP solely for purposes of
       providing ISP Services that use Windows Media Technologies.  Microsoft
       will deliver to ISP copies of the Microsoft Software for use hereunder as
       described in Section 2.5.

2.3    DEPLOYMENT SUPPORT. During the Term, and at no charge to ISP, Microsoft
       shall provide high-level technical support from Microsoft's developer
       relations group or product support group in order to assist ISP with its
       obligations under this Agreement.  Such support shall include providing
       reasonable on-site deployment support services to ISP, provided that
       Microsoft shall be entitled to charge ISP at its then-current rates for
       any such on-site deployment support services which exceed a cumulative
       total of One-Half (.5) of a forty (40)-hour person-week (i.e., a total of
       Twenty (20) hours).

2.4    PROMOTION OF ISP'S SERVICES. During the Term, Microsoft will use
       commercially reasonable efforts to include and promote ISP as a provider
       of hosting and other services related to Streaming Media, including
       without limitation as part of Microsoft's applicable marketing efforts
       and materials, sales training, Web sites, and other promotions,
       consistent with Microsoft's promotion of other Network Credits Program
       service

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                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

       providers which have entered into agreements with Microsoft on terms
       similar to those in this Agreement.

2.5    EARLY RELEASES. During the Term, Microsoft will provide to ISP, at no
       charge, successive final and early (beta, and where practical as
       determined by Microsoft in its sole discretion, pre-beta) releases of
       Microsoft Software in object code form.  Any Microsoft Software provided
       hereunder may be used by ISP only in accordance with the license grants
       accompanying such Microsoft Software and the further limitations set
       forth in Section 2.2.  ISP understands that pre-release software is not
       intended for full-scale commercial use.

3.     ISP OBLIGATIONS

3.1    ISP SERVICES. In consideration of the fees paid by Microsoft under
       Section 2.1, ISP shall provide to each Network Credits Program
       Participant the amount and type of ISP Services designed by Microsoft
       for such participant.  Such application of the Network Credits shall
       continue until the earlier of the exhaustion of all Network Credits or
       twelve (12) months after the date on which this Agreement terminates or
       expires.  In the event that Microsoft authorizes ISP to provide ISP
       Services that exceed in value (as calculated pursuant to the terms set
       forth in Exhibit A) the value of then-existing Network Credits that have
       been paid for and have not yet been applied under this Agreement,
       Microsoft agrees to pay ISP for such ISP Services in accordance with
       ISP's then-current pricing to third parties which are purchasing ISP
       Services in aggregate volumes comparable to those being purchased by
       Microsoft in connection with this Agreement.

3.2    USE AND PROMOTION OF WINDOWS MEDIA TECHNOLOGIES. Throughout the Term, ISP
       will develop and deploy Windows Media Technologies-compatible services
       and formats and promote the use of the same to all of its prospective
       customers for Streaming Media-related services and applications.  ISP's
       use and promotion of Windows Media Technologies shall include:

       (a)    CONTENT FORMAT. Within Sixty (60) days after the Effective Date
              (the "Trigger Date"), and continuing thereafter throughout the
              Term, all Streaming Media available on the ISP Web Site shall be
              made available in Windows Media Technologies-compatible ASF and/or
              Windows Media Audio formats, as appropriate; provided, however,
              that nothing herein shall be deemed to limit ISP's ability to make
              Streaming Media available in other Streaming Media formats.

       (b)    DEPLOYMENT OF SERVICES. Throughout the Term, ISP will make
              available and promote to its customers all new or updated services
              related to Streaming Media on Windows Media Technologies platforms
              and in Windows Media Technologies-compatible formats, as
              applicable, concurrently with or sooner than the time that ISP
              makes such new applications and services available based on or in
              conjunction with other Streaming Media technologies or formats.

       (c)    SPONSORSHIP. Beginning on the Effective Date and continuing
              thereafter throughout the Term, ISP shall include on ISP Web Site
              pages a prominent "Get Windows Media Player" link logo (the
              "Windows Media Sponsorship Notice") which links to a
              Microsoft-authorized Windows Media Player download site

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                                      NETWORK CREDITS PROGRAM SERVICES AGREEMENT

              Above the Fold on each ISP Web Site page that contains or provides
              access to Streaming Media or that materially focuses on any ISP
              Service that relates to Streaming Media.  Such notice shall be
              included in at least as prominent a manner and position, on every
              page of the ISP Web Site, as any sponsorship or other notice
              concerning other streaming media technologies.  In all cases, the
              Windows Media Sponsorship Notice shall be a minimum of 65 by 57
              pixels, and shall conform to trademark usage standards provided by
              Microsoft to ISP from time to time.  Microsoft shall be entitled
              to substitute a different hypertext link and/or link logo as the
              Windows Media Sponsorship Notice, subject to the same pixel size
              restrictions as are set forth in this Section 3.2(c), in place of
              the "Get Windows Media Player" link logo for purposes of this
              Agreement, including without limitation ISP's responsibilities
              under this Section 3.2(c), upon Microsoft's reasonable advance
              written notice to ISP.

       (d)    USES OF THE GET WINDOWS MEDIA PLAYER LOGO.  All use by ISP of the
              "Get Windows Media Player" link logo (or any successor logo) in
              connection with this Agreement is subject to compliance with
              Microsoft's guidelines relating to the use of such logo.  The
              current version of such guidelines as of the Effective Date is set
              forth in Exhibit B hereto.

3.3    PUBLICITY. ISP will work with Microsoft to finalize a mutually agreeable
       press release to be released upon both parties' execution of this
       Agreement, provided that the text of such press release must have been
       approved in writing by each party before its release.  In such press
       release, ISP shall endorse Windows Media Technologies, ASF and Windows
       Media Audio as a leading platform and set of formats used by ISP in its
       services.  Further, during the Term, ISP shall work with Microsoft to
       develop and release joint press announcements as may be agreed by the
       parties, and ISP shall not itself issue nor approve press releases from
       third parties that are inconsistent with the spirit of this Section 3.3.
       During the Term, ISP will also provide Microsoft with reasonably detailed
       information on ISP's use of Microsoft technology in its business for
       inclusion in a case study which ISP shall be entitled to review and
       approve, with such approval not be unreasonably withheld or delayed.

3.4    REPORTING. By the tenth (10th) day of each calendar month during the Term
       (other than the month in which the Effective Date falls), ISP shall
       provide a report to Microsoft setting forth the following information
       concerning the previous calendar month, to the extent ISP's provision of
       such information to Microsoft does not conflict with any obligation of
       ISP to a customer.
       (a)    The total number of minutes of video and audio material encoded
              per month and the total number of minutes of video and audio
              material encoded to date.
       (b)    The number of units encoded i.e. 20 Music Videos, 30 CD's, 120
              individual songs, etc. and specific accounting of the various data
              rates for each unit.
       (c)    The total amount of the materials encoded in Windows Media in
              comparison to other formats encoded by ISP.

       ISP shall provide all reports hereunder to Microsoft via Microsoft's
Web reporting system located at http://webevents.microsoft.com/report.asp, or
any successor thereto.  All information provided pursuant to this Section
will be deemed to be Confidential Information of Microsoft.

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                                      NETWORK CREDITS PROGRAM SERVICES AGREEMENT

4.     NON-EXCLUSIVE

Nothing in this Agreement shall be deemed to restrict either party's ability
to license, develop, sub-license, manufacture, deploy, support, promote, or
distribute software, Content, Streaming Media or any other format or
technology, whether or not similar to Windows Media Technologies.

5.     CONFIDENTIALITY

5.1    Each party shall protect the other's Confidential Information from
       unauthorized dissemination and use with the same degree of care that such
       party uses to protect its own like information and in no event using less
       than a reasonable degree of care.  Neither party will use the other's
       Confidential Information for purposes other than those necessary to
       directly further the purposes of this Agreement.  Neither party will
       disclose to third parties the other's Confidential Information without
       the prior written consent of the other party.  Except as expressly
       provided in this Agreement, no ownership or license rights are granted
       hereby in any Confidential Information.  The other provisions of this
       Agreement notwithstanding, either party will be permitted to disclose the
       Confidential Information to its outside legal and financial advisors.  In
       addition, either party will be permitted to disclose Confidential
       Information to the extent required by applicable law, provided, however,
       that before making any such legally required disclosure, the disclosing
       party shall first give written notice of the intended disclosure to the
       other party, within a reasonable time from the time disclosure is
       requested prior to the time when disclosure is to be made, and the
       disclosing party will exercise all reasonable efforts, in cooperation
       with and at the expense of the other party, consistent with reasonable
       time constraints, to obtain confidential treatment for all non-public and
       sensitive provisions of this Agreement, including without limitation
       dollar amounts and other numerical information.

5.2    The parties' obligations of confidentiality under this Agreement shall
       not be construed to limit either party's right to independently develop
       or acquire products without use of the other party's Confidential
       Information.  Further, either party shall be free to use for any purpose
       the residuals resulting from access to or work with such Confidential
       Information, provided that such party shall maintain the confidentiality
       of the Confidential Information as provided herein.  The term "residuals"
       means information in non-tangible form, which may be retained by persons
       who have had rightful and good faith access to the Confidential
       Information, including ideas, concepts, know-how or techniques contained
       therein.  Neither party shall have any obligation to limit or restrict
       the assignment of such persons or to pay royalties for any work resulting
       from the use of residuals.  However, the foregoing shall not be deemed to
       grant to either party a license under the other party's copyrights or
       patents.

6.     WARRANTIES AND DISCLAIMERS

6.1    WARRANTIES. Each party warrants and covenants that it has the full power
       and authority to enter into and perform according to the terms of this
       Agreement.

6.2    DISCLAIMERS. ANY AND ALL SOFTWARE, TECHNOLOGY, SERVICES, CONTENT, OR
       INFORMATION PROVIDED BY ONE PARTY TO THE OTHER HEREUNDER

                     MICROSOFT CONFIDENTIAL & PROPRIETARY               PAGE 6
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                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

IS PROVIDED "AS IS," WITHOUT WARRANTY OF ANY KIND. EACH PARTY DISCLAIMS ALL
WARRANTIES, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE
IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE,
TITLE AND NONINFRINGEMENT, WITH RESPECT TO ANY SOFTWARE, TECHNOLOGY,
SERVICES, CONTENT, OR INFORMATION PROVIDED HEREUNDER.

7.    INDEMNITY

7.1   INDEMNIFICATION OF MICROSOFT. ISP shall, at its expense and Microsoft's
      request, defend any claim or action brought by a third party against
      Microsoft, or Microsoft's affiliates, directors, or officers, to the
      extent it is based upon a claim involving the ISP Services and/or the
      ISP Web Site, including without limitation any claim that any ISP
      Services or any Content included in or uploaded to the ISP Web Site
      infringes or violates any copyright, patent, trademark, trade secret,
      right of publicity, or other intellectual property, proprietary or
      contractual right of a third party (all such claims or actions being
      referred to hereinafter as "ISP Claims" provided, however, that in no
      event shall a claim based on Content, logos or other materials provided
      by Microsoft to ISP be deemed to be a "ISP Claim"), and ISP will
      indemnify and hold Microsoft harmless from and against any costs,
      damages and fees reasonably incurred by Microsoft, including but not
      limited to fees of outside attorneys and other professionals, that are
      attributable to such ISP Claims. Microsoft shall: (a) provide ISP
      reasonably prompt notice in writing of any such ISP Claims and permit
      ISP, through counsel chosen by ISP, to answer and defend such ISP
      Claims; and (b) provide the entity defending such claim information,
      assistance and authority, at such entity's expense, to help defend such
      ISP Claims. ISP will not be responsible for any settlement made by
      Microsoft without ISP's written permission, which permission will not
      be unreasonably withheld or delayed. Reasonable withholding of
      permission may be based upon, among other factors, editorial and
      business concerns. ISP will consult with Microsoft on the choice of any
      counsel under this Section 7.1.

7.2   SETTLEMENT BY ISP. Unless ISP obtains for Microsoft a complete release
      of all ISP Claims thereunder, ISP may not settle any ISP Claim under
      Section 7.1 on Microsoft's behalf without first obtaining Microsoft's
      written permission, which permission will not be unreasonably withheld
      or delayed. Reasonable withholding of permission may be based upon,
      among other factors, the ability for Microsoft to ship any product. In
      the event ISP and Microsoft agree to settle a ISP Claim, ISP agrees not
      to disclose terms of the settlement without first obtaining Microsoft's
      written permission, which will not be unreasonably withheld or delayed.

7.3   INDEMNIFICATION OF ISP. Microsoft shall, at its expense and ISP's
      request, defend any claim or action brought by a third party against
      ISP, or ISP's affiliates, directors, or officers, to the extent it is
      based upon a claim concerning any Microsoft Web site in which Microsoft
      promotes ISP or the ISP Services pursuant to this Agreement (all such
      claims or actions being referred to hereinafter as "Microsoft Claims";
      provided, however, that in no event shall a claim based on Content,
      logos or other materials provided by ISP to Microsoft be deemed to be a
      "Microsoft Claim"), and Microsoft will indemnify and hold ISP harmless
      from and against any costs, damages and fees reasonably incurred by
      ISP, including but not limited to fees of outside attorneys and other
      professionals, that are attributable to such Microsoft Claims. ISP
      shall: (a) provide Microsoft reasonably prompt notice in writing of any
      such Microsoft Claims and permit Microsoft, through

                   MICROSOFT CONFIDENTIAL & PROPRIETARY               PAGE 7

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                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

      counsel chosen by Microsoft, to answer and defend such Microsoft
      Claims; and (b) provide the entity defending such claim information,
      assistance and authority, at such entity's expense, to help defend such
      Microsoft Claims. Microsoft will not be responsible for any settlement
      made by ISP without Microsoft's written permission, which permission
      will not be unreasonably withheld or delayed. Reasonable withholding of
      permission may be based upon, among other factors, editorial and
      business concerns. Microsoft will consult with ISP on the choice of any
      counsel under this Section 7.3.

7.4   SETTLEMENT BY ISP. Unless Microsoft obtains for ISP a complete release
      of all Microsoft Claims thereunder, Microsoft may not settle any
      Microsoft Claim under Section 7.3 on ISP's behalf without first
      obtaining ISP's written permission, which permission will not be
      unreasonably withheld or delayed. Reasonable withholding of permission
      may be based upon, among other factors, the ability for ISP to provide
      any service. In the event Microsoft and ISP agree to settle a Microsoft
      Claim, Microsoft agrees not to disclose terms of the settlement without
      first obtaining ISP's written permission, which will not be
      unreasonably withheld or delayed.

8.    LIMITATION OF LIABILITIES

      IN NO EVENT SHALL EITHER PARTY BE LIABLE TO THE OTHER IN CONNECTION
      WITH THIS AGREEMENT FOR ANY CONSEQUENTIAL, INDIRECT, INCIDENTAL,
      PUNITIVE OR SPECIAL DAMAGES WHATSOEVER. INCLUDING, WITHOUT LIMITATION,
      DAMAGES FOR LOSS OF BUSINESS PROFITS, BUSINESS INTERRUPTION, LOSS OF
      BUSINESS INFORMATION, AND THE LIKE, ARISING OUT OF THIS AGREEMENT OR
      THE USE OF OR INABILITY TO USE MICROSOFT SOFTWARE OR EITHER PARTY'S
      CONFIDENTIAL INFORMATION, CONTENT, OR SERVICES, EVEN IF A PARTY HAS
      BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

      THIS SECTION SHALL NOT APPLY TO SECTION 5 (REGARDING CONFIDENTIALITY),
      NOR TO THE INDEMNITY OBLIGATIONS WITH RESPECT TO THIRD PARTY CLAIMS AS
      PROVIDED IN SECTION 7.

9.    TERMINATION

9.1   TERMINATION BY EITHER PARTY. Either party may suspend performance
      and/or terminate this Agreement:

      (a)   Immediately upon written notice at any time, if the other party
            is in breach of any warranty, term, condition or covenant of this
            Agreement, other than those contained in Section 5, and fails to
            cure that breach within thirty (30) days after written notice
            thereof; or

      (b)   Immediately upon written notice at any time, if the other party
            is in material breach of Section 5.

9.2   EFFECT OF TERMINATION.

      (a)   Neither party shall be liable to the other for damages of any
            sort resulting solely

                   MICROSOFT CONFIDENTIAL & PROPRIETARY               PAGE 8

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                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

            from terminating this Agreement in accordance with its terms.

      (b)   Termination of this Agreement shall not affect any other
            agreement between the parties.

      (c)   Should either ISP or Microsoft terminate this Agreement pursuant
            to Section 9.1(a) or (b), neither party shall have any further
            obligations to the other under Sections 2 or 3, with the exception
            that within twelve (12) months of any termination or expiration of
            this Agreement, Microsoft shall be entitled to apply towards the
            use of ISP Services any Network Credits that have been paid for
            but not yet been applied under this Agreement as of the date of
            termination or expiration. Without limiting the generality of the
            foregoing, Microsoft will have no obligation following any
            termination of this Agreement to make any additional payments
            (other than any payments due prior to the date of termination of
            this Agreement) or provide any further services or promotions to
            ISP under Section 2 of this Agreement.

9.3   SURVIVAL. In the event of termination or expiration of this Agreement
      for any reason, Section 1, and Section 4 through 10 (including this
      Section 9.3) shall survive termination and continue in effect in
      accordance with their terms.

10.   GENERAL PROVISIONS

10.1  NOTICES. All notices and requests in connection with this Agreement
      shall be deemed given as of the day they are received either by
      messenger, delivery service, or in the United States of America mails,
      postage prepaid, certified or registered, return receipt requested. Any
      such notices to ISP should be sent to the address and ISP Contact set
      forth for ISP on the first page of this Agreement. Any such notices to
      Microsoft should be addressed as follows:

                 ---------------------------------------
                 ADDRESS:
                 ---------------------------------------
                 Microsoft Corporation
                 One Microsoft Way
                 Redmond, WA 98052-6399
                 Attention: Patty Jackson
                 ---------------------------------------
                 Phone: (425) 882-8080
                 ---------------------------------------
                 Fax:   (425) 936-7329
                 ---------------------------------------
                 COPY TO: LAW AND CORPORATE AFFAIRS
                 ---------------------------------------
                 Microsoft Corporation
                 One Microsoft Way
                 Redmond, WA 98052-6399

                 Attention: Law & Corporate Affairs
                 ---------------------------------------
                 Phone: (425) 882-8080
                 ---------------------------------------
                 Fax:   (425) 936-7409
                 ---------------------------------------

      or to such other address as a party may designate pursuant to this
      notice provision.

10.2  RESERVATION OF RIGHTS. Except as expressly agreed pursuant to this
      Agreement, ISP shall

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                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

      have no rights in the Microsoft Software or any other Microsoft
      Software, technology or service provided to ISP hereunder, and nothing
      in this Agreement shall be construed, by implication, estoppel or
      otherwise, as granting ISP any rights to any Microsoft software,
      technology, service or other intellectual property rights other than the
      express rights described herein. Microsoft retains all right, title and
      interest in and to the Microsoft Software and any other Microsoft
      software, technologies and services.

10.3  INDEPENDENT PARTIES. Nothing in this Agreement shall be construed as
      creating an employer-employee relationship, an agency relationship, a
      partnership, or a joint venture between the parties.

10.4  GOVERNING LAW. This Agreement will be governed by the laws of the State
      of Washington, without reference to the conflict of law principles
      thereof. Any action or litigation concerning this Agreement will take
      place exclusively in the federal or state courts in King County,
      Washington, and the parties expressly consent to jurisdiction of and
      venue in such courts and waive all defenses of lack of personal
      jurisdiction and forum non conveniens with respect to such courts. ISP
      hereby agrees to service of process by mail or other method acceptable
      under the laws of the State of Washington.

10.5  ATTORNEYS' FEES. In any action or suit to enforce any right or remedy
      under this Agreement or to interpret any provision of this Agreement,
      the prevailing party shall be entitled to recover its costs, including
      reasonable attorney's fees.

10.6  ASSIGNMENT. This Agreement will be binding upon and inure to the
      benefit of the parties' successors and lawful assigns; provided,
      however, that this Agreement and any rights or obligations hereunder may
      not be assigned by ISP without Microsoft's prior written approval, which
      will not be unreasonably withheld or delayed. Any attempted assignment,
      sub-license, transfer, encumbrance or other disposal by ISP without such
      consent will be void and will constitute a material default and breach
      of this Agreement for which Microsoft may terminate this Agreement in
      accordance with Section 9.1(a).

10.7  FORCE MAJEURE. Neither party shall be liable to the other under this
      Agreement for any delay or failure to perform its obligations under this
      Agreement if such delay or failure arises from any cause(s) beyond such
      party's reasonable control, including by way of example labor disputes,
      strikes, acts of God, floods, fire, lightning, earthquakes, vandalism,
      war, acts of terrorism, riots, insurrections, embargoes, or laws,
      regulations or orders of any governmental entity.

10.8  CONSTRUCTION. If for any reason a court of competent jurisdiction finds
      any provision of this Agreement, or portion thereof, to be
      unenforceable, that provision of the Agreement will be enforced to the
      maximum extent permissible so as to effect the intent of the parties,
      and the remainder of this Agreement will continue in full force and
      effect. Failure by either party to enforce any provision of this
      Agreement will not be deemed a waiver of future enforcement of that or
      any other provision. This Agreement has been negotiated by the parties
      and their respective counsel and will be interpreted fairly in
      accordance with its terms and without any strict construction in favor
      of or against either party.

10.9  ENTIRE AGREEMENT. This Agreement does not constitute an offer by
      Microsoft and it shall not be effective until signed by both parties.
      This Agreement, including all Exhibits attached hereto, which Exhibits
      are hereby incorporated by this reference, constitutes the

                     MICROSOFT CONFIDENTIAL & PROPRIETARY              PAGE 10

<PAGE>

                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

      entire agreement between the parties with respect to the subject matter
      hereof and merges all prior and contemporaneous communications. It
      shall not be modified except by a written agreement dated subsequent to
      the date of this Agreement and signed on behalf of ISP and Microsoft by
      their respective duly authorized representatives.

IN WITNESS WHEREOF, the parties have entered into this Agreement as of the
Effective Date written above.

      ------------------------------------------------------------------------
       MICROSOFT CORPORATION               [ISP]
      ------------------------------------------------------------------------

       By:                                  By: /s/ Stephen Brown
      ------------------------------------------------------------------------

       Name (print):                        Name (print): Stephen Brown
      ------------------------------------------------------------------------

       Title:                               Title:        CEO
      ------------------------------------------------------------------------

       Date:                                Date:     10-1-99
      ------------------------------------------------------------------------

                     MICROSOFT CONFIDENTIAL & PROPRIETARY              PAGE 11

<PAGE>

                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

                                    EXHIBIT A

                           ISP SERVICES GUIDELINES

1.    APPROVAL OF PROGRAM PARTICIPANTS

      Microsoft shall have sole discretion regarding the designation of
Network Credits Program Participants and allocation of Network Credits for
use by such entities and/or Microsoft under this Agreement. Microsoft shall
make reasonable efforts to accommodate customers that ISP recommends for the
Network Credits Program, provided that in no event shall ISP provide any
Microsoft Confidential Information to any customer or prospective customer
except with Microsoft's express written approval. Microsoft shall notify ISP
from time to time in writing of approved Network Credits Program
Participants, the particular ISP Services to be used by each such entity
pursuant to this Agreement, and the approved allocation of Network Credits
among such Network Credits Program Participants and Microsoft (if
applicable). Microsoft and ISP will cooperate in good faith following the
Effective Date to develop and implement operational procedures to coordinate
allocation of Network Credits in accordance with this Agreement.

2.    TERMS OF SERVICE

      Notwithstanding anything to the contrary in the foregoing paragraph,
the relationship between ISP and any Network Credits Program Participant
shall be separate from ISP's relationship with Microsoft, and ISP shall have
the right to choose, in its sole discretion, not to do business with any
Network Credits Program Participant. ISP shall enter into a separate
agreement, in a timely manner, with each Network Credits Program Participant
to which ISP intends to provide ISP Services pursuant to this Agreement, and
ISP shall perform all such ISP Services in a manner as mutually agreed upon
by ISP and each such Network Credits Program Participant. ISP shall be solely
responsible for all services it provides to Network Credits Program
Participants, including without limitation the ISP Services, and for
enforcing the terms of any services or other agreements it enters into with
Network Credits Program Participants.

      At Microsoft's sole discretion, ISP may perform ISP Services for
Microsoft acting on behalf of a Network Credits Program Participant, in which
event such provision of ISP Services shall be subject to the terms of this
Agreement and any further services agreement that Microsoft and ISP may
mutually agree upon.

3.    RATE SCHEDULE

      In applying Network Credits under this Agreement, ISP will calculate
use of Network Credits on the basis of then-current rates for ISP Services
which rates shall be at least as favorable as those charged by ISP from time
to time to any other customer which is purchasing ISP Services in aggregate
volumes that are comparable to those being purchased by Microsoft in
connection with this Agreement. Without limiting the foregoing, ISP further
agrees that in no event will it charge Microsoft, in connection with any ISP
Services performed in connection with this Agreement, any rate that is higher
than ISP's standard commercially available terms in effect from time to time
during the Term.

      ISP will encode video material at Twelve Dollars and Fifty Cents
($12.50) per minute.

                     MICROSOFT CONFIDENTIAL & PROPRIETARY              PAGE 12

<PAGE>

                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

                                 EXHIBIT C

                           ENCODING DELIVERABLES

ISP agrees to to the following:

Encode Two Thousand (2000) Music Videos of approximately four minutes each in
Windows Media Technologies at four bit rates: 28, 56, 128, and 300 kbs.

                     MICROSOFT CONFIDENTIAL & PROPRIETARY              PAGE 13

<PAGE>

                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

                                 EXHIBIT C

                       GET WINDOWS MEDIA-TM- PLAYER
                           LINK LOGO GUIDELINES

GET WINDOWS MEDIA-TM- PLAYER LOGO USAGE INSTRUCTIONS

To put the logo and link on your Web site, follow these easy steps:
      1.   Read our policy below on using the GET WINDOWS MEDIA PLAYER logo.
      2.   Copy the GET WINDOWS MEDIA PLAYER logo.gif file image to your
           desktop.

                [graphic]    [graphic]

      3.   Move the GET WINDOWS MEDIA PLAYER logo.gif file from your desktop
           to your Web server.
      4.   Insert the following HTML code on your Web page. Be sure to point
           the < IMG SRC > to the location of the GET WINDOWS MEDIA PLAYER
           logo.gif file on your server:

           < BR >< CENTER >
           < A HREF="http://www.microsoft.com/windows/mediaplayer/download/
            default.asp" >
           < IMG SRC="type path to logo image here" WIDTH="65"
            HEIGHT="57" BORDER="0"
            ALT="Get Windows Media Player" VSPACE="7" >< /A >
           < /CENTER >< BR >
      5.   You can modify this HTML code to fit your formatting as long as
           you follow the guidelines outlined below.

      GET WINDOWS MEDIA-TM- PLAYER LOGO USAGE GUIDELINES

1.    Except as Microsoft may authorize elsewhere, non-Microsoft Web sites
      may display only the GET WINDOWS-Registered Trademark- MEDIA-TM-
      PLAYER logo provided above ("Logo"). By downloading the Logo to your Web
      site, you agree to be bound by these Policies.
2.    You may only display the Logo on your Web site, and not in any other
      manner. It must always be an active link to the download page for the
      Windows Media Player at
      http://www.microsoft.com/windows/mediaplayer/download/default.asp.
3.    The Logo GIF image includes the words "Get Windows Media Player"
      describing the significance of the Logo on your site (that the Logo is a
      link to the download page for the Microsoft Windows Media Player, not an
      endorsement of your site). You may not remove or alter any element of the
      Logo.
4.    The Logo may be displayed only on Web pages that make accurate
      references to Microsoft or its products or services or as otherwise
      authorized by Microsoft. Your Web page title and other trademarks and
      logos must appear at least as prominently as the Logo. You may not
      display the Logo in any manner that implies sponsorship, endorsement, or
      license by Microsoft except as expressly authorized by Microsoft.
5.    The Logo must appear by itself, with a minimum spacing (30 pixels)
      between each side of the Logo and other distinctive graphic or textual
      elements on your page. The Logo may not be

                     MICROSOFT CONFIDENTIAL & PROPRIETARY             PAGE 14

<PAGE>

                                    NETWORK CREDITS PROGRAM SERVICES AGREEMENT

      displayed as a feature or design element of any other logo.
6.    You may not alter the Logo in any manner, including size, proportions,
      colors, elements, or animate, morph, or otherwise distort its
      perspective or appearance, except in the event expressly authorized by
      Microsoft.
7.    You may not display the Logo on any site that infringes any Microsoft
      intellectual property or other rights, or violates any state, federal, or
      international law.
8.    These Policies do not grant a license or any other right to Microsoft's
      logos or trademarks. Microsoft reserves the right at its sole discretion
      to terminate or modify permission to display the Logo at any time.
      Microsoft reserves the right to take action against any use that does not
      conform to these Policies, infringes any Microsoft intellectual property
      or other right, or violates other applicable law.
9.    MICROSOFT DISCLAIMS ANY WARRANTIES THAT MAY BE EXPRESS OR IMPLIED BY
      LAW REGARDING THE LOGO, INCLUDING WARRANTIES AGAINST INFRINGEMENT.

-C- 1999 Microsoft Corporation. All rights reserved. Terms of Use.

                     MICROSOFT CONFIDENTIAL & PROPRIETARY              PAGE 15<PAGE>
                                     [LOGO]

                                     FORM OF

                           LOAN AND SECURITY AGREEMENT

     Loan and Security Agreement made this 28th day of December, 1999, by and
between Entertainment Boulevard Inc., a Nevada corporation (the "Company"), and
_______, an individual (the "Investor").

                              W I T N E S S E T H :

     WHEREAS, the Company desires to borrow certain amounts from the Investor
and the Investor desires to make a loan (the "Loan") to the Company;

     NOW, THEREFORE, in consideration of the mutual promises, representations
and warranties contained herein, the parties hereby agree as follows:

     1. LOAN. The Investor hereby lends to the Company the aggregate principal
amount of $100,000. The Loan shall be evidenced by a bridge note (the "Note") in
the form attached hereto as Exhibit A, shall bear interest at the rate of 10%
per annum and shall be due and payable 90 days from the date of funding, or
earlier as provided in the Note. In consideration for such Loan, the Company
will pay the Investor and/or its designee 40,000 warrants to purchase the common
stock of the Company at an exercise price of $1.00 per share (the "Payment
Warrants"). The common stock

<PAGE>

underlying the Payment Warrants will be registered immediately with the
Securities and Exchange Commission.

     2. CONDITIONS TO LOAN. The obligation of the Investor to make the Loan is
subject to the conditions that the following shall have occurred prior to or
concurrently with the Loan:

          (a) Stephen Brown, the Company's Chief Executive Officer and
President, shall have granted to the Investor, from his personal warrant
holdings, a valid security interest in 200,000 warrants to purchase the
Company's common stock with an exercise price of $1 pursuant to this agreement
dated the date hereof.

          (b) The Company agrees to Register the common stock underlying the
Payment Warrants in a time-frame, which shall be reasonably acceptable to the
Investor.

     3. GRANT OF SECURITY INTEREST. Stephen Brown, the Company's Chief Executive
Officer and President, hereby grants to the Investor all of the right, title,
and interest in and to 200,000 warrants to purchase the Company's common stock
with an exercise price of $1 from his personal assets. Until such time as there
is an Event of Default, the Investor will not pursue the collateral described in
this Section 3.

     4. REPRESENTATIONS OF THE COMPANY. The Company represents and warrants to
the Investor as follows:

          4.1. The issuance of the Note and the Payment Warrants pursuant to the
provisions of this Agreement has been duly and validly authorized. No approval
or authorization of the shareholders or the directors of the Company or of any
governmental authority or agency which has not been obtained will be required by
the Company for the issuance of the Note or the Payment Warrants,

                                       2

<PAGE>

as contemplated by this Agreement. When the Payment Warrants are exercised, the
common stock underlying the Payment Warrants will be duly and validly issued and
will be free and clear of any liens or encumbrances created by the Company.

          4.2 The Company has the full corporate power and authority to enter
into this Agreement and to perform all of its obligations hereunder. The
execution, delivery and performance of this Agreement and the Note by the
Company have been duly authorized by all necessary corporate action. This
Agreement and the Note constitute legal, valid and binding obligations of the
Company enforceable in accordance with their respective terms.

          4.3 Neither the issuance of the Note, the Payment Warrants, the
execution and delivery of this Agreement, nor the fulfillment of the terms set
forth in this Agreement and the consummation of the transactions contemplated by
this Agreement, will (i) conflict with or constitute a breach of, or constitute
a default under or an event which, with or without notice of lapse of time or
each, would be a breach of or default under or violation of the Certificate of
Incorporation or By-Laws of the Company or would be a breach of or default under
or violation of any agreement, document, lease or other instrument or
undertaking by which the Company is bound or to which any of its properties are
subject, would be a violation of any law, administrative regulation, judgment,
order or decree applicable to the Company, or (ii) subject to the listing
approval requirements of the OTC Stock Market, require the consent which has not
been obtained of any other person or entity under any agreement, lease, document
or other instrument or undertaking by which the Company is bound or to which any
of its properties are subject.

                                       3

<PAGE>

          4.4 The security interest in 200,000 warrants to purchase the
Company's common stock with an exercise price of $1.00 from Stephen Brown's
personal assets (the "Asset") granted pursuant to Section 3 hereto constitutes a
valid security interest in the Asset.

     5. REPRESENTATIONS OF THE INVESTOR. The Investor understands that the
common stock underlying the Payment Warrants has not been registered under the
Securities Act of 1933 (the "Securities Act"). The Investor is an accredited
investor within the meaning of Rule 501 of Regulation D promulgated under the
Securities Act. The Investor is acquiring the Payment Warrants for his own
account and not with a present view to, or for sale in connection with, any
distribution in violation of the Securities Act. The Investor acknowledges that
a restrictive legend will be placed on the common stock underlying the Payment
Warrants until the shares are registered under the Securities Act.

     6. COVENANTS OF THE COMPANY. The Company covenants with the Investor as
follows:

          (a) The proceeds of the Loan will be used for working capital and
general corporate purposes.

     7. SURVIVAL. All representations, warranties, covenants and agreements
contained in this Agreement or in any document, exhibit, schedule or certificate
delivered in connection herewith shall survive the execution and delivery of
this Agreement and the closing of the Loan and any investigation at any time
made by the Investor or on his behalf.

     8. MISCELLANEOUS PROVISIONS.

          8.1. This Agreement shall be governed by, and construed and enforced
in accordance with, the internal laws of the State of California without giving
any effect to principles of conflicts of laws.

                                       4
<PAGE>

          8.2. All notices hereunder shall be in writing and shall be deemed to
have been given at the time when mailed by certified mail, addressed to the
address below stated of the party to which notice is given, or to such changed
address as such party may have fixed by notice:

     To the Company:

               Entertainment Boulevard, Inc.
               4502 Del Rey Avenue
               Suite 108
               Marina Del Rey, California 90292
               Attn: Stephen Brown

     To the Investor:

               [Investor Name]
               [Investor Address]

provided, however, that any notice of change of address shall be effective only
upon receipt.

          8.3. This Agreement shall be binding upon and inure to the benefit of
the Company, the Investor and the successors and assigns of the Investor. The
Company may not assign this Agreement without the prior written consent of the
Investor. The Investor may assign all or any part of his rights and obligations
hereunder to any affiliate of the Investor, without the consent of the Company.

          8.4. This Agreement and all exhibits and schedules hereto set forth
the entire understanding of the parties with respect to the transactions
contemplated hereby. This Agreement may be amended, the Company or the Investor
may take any action herein prohibited or omit to take action herein required to
be performed by it or him, and any breach of or compliance with any covenant,
agreement, warranty or representation may be waived, only if the Company or the
Investor has obtained the written consent of the other party to this Agreement.

                                       5
<PAGE>

          8.5. This Agreement may be executed in one or more counterparts, each
of which shall be deemed an original, and all of which together shall constitute
one and the same instrument.

          8.6. The headings in this Agreement are for reference purposes only
and shall not constitute a part hereof.

                                       6
<PAGE>

     IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the
day and year first above written.

                                       ENTERTAINMENT BOULEVARD, INC.

                                       ----------------------------------------
                                       By:    Stephen Brown
                                       Title: Chairman of the Board

                                       [Investor Name]

                                       ----------------------------------------
                                       By:    [Investor Name]
                                       Title: Investor

                                       7

<PAGE>

EXHIBIT A

                                     [LOGO]

                                     FORM OF

                               SECURED BRIDGE NOTE

$100,000                                                      December 28, 1999

     FOR VALUE RECEIVED, Entertainment Boulevard, Inc. (the "Maker"), hereby
promises to pay to the order of [Investor Name]. (the "Payee"), [Investor
address] or at such other place as the Payee may designate in writing, in lawful
money of the United States of America, the principal sum of one hundred thousand
dollars ($100,000) together with interest from the date hereof at the rate of
10% per annum, computed on the basis of a 360-day year of twelve 30-day months.
The principal of this Note shall be payable in full 90 days from the date
hereof. Interest shall accrue from the date hereof and shall be paid when the
principal amount of this Note has been paid in full.

     The occurrence of any one or more of the following events shall constitute
an Event of Default under this Note: (i) the failure to pay principal of or
interest on this Note as and when due; (ii) any representation or warranty of
the Maker contained in the Loan and Security Agreement dated as of the date
hereof between the Maker and the Payee shall not be true and correct in all
material respects and the same shall not be cured within 30 days after written
notice thereof by the Payee to the Maker or the Maker shall have breached any
covenant contained in the Loan and Security Agreement and such

<PAGE>

breach shall not be cured within 30 days; (iii) a proceeding being filed or
commenced against the Maker for bankruptcy, dissolution or liquidation which
shall not be dismissed within 60 days, or the Maker voluntarily or involuntarily
terminating or dissolving or being terminated or dissolved; (iv) the Maker
filing a petition under bankruptcy, insolvency or debtor's relief law or making
an assignment for the benefit of creditors; or (v) the appointment of a
custodian, trustee, liquidator or receiver for any of the property of the Maker,
which shall not be dismissed, released or vacated within 60 days.

     The Maker agrees that in an Event of Default under this Note, then all or
any part of the unpaid principal balance of and interest on this Note shall
immediately become due and payable without notice or demand. If an Event of
Default occurs, the Maker agrees to pay to the holder all reasonable expenses
incurred by the holder, including reasonable attorneys' fees, in enforcing and
collecting this Note.

     Failure of the Payee hereof to assert any right contained herein will not
be deemed to be a waiver thereof.

     In the event any one or more of the provisions of this Note shall for any
reason be held to be invalid, illegal or unenforceable, in whole or in part or
in any respect, or in the event that any one or more of the provisions of this
Note operate to invalidate this Note, then and in either of those events, such
provision or provisions only shall be deemed null and void and shall not affect
any other provision of this Note and the remaining provisions of this Note shall
remain operative and in full force and effect and shall in no way be affected,
prejudiced or disturbed thereby.

                                       2
<PAGE>

     The Maker hereby forever waives presentment, presentment for payment,
demand, protest, notice of protest, notice of dishonor of this Note and all
other demands and notices in connection with the delivery, acceptance,
performance and enforcement of this Note.

     This Note may be prepaid in whole or in part at any time and from time to
time without premium. This Note shall be paid without deduction by reason of any
set-off, defense or counterclaim of the Maker.

     This Note is secured pursuant to the terms of the Loan and Security
Agreement.

     This Note shall be governed by and construed and enforced in accordance
with the internal laws of the State of California without giving any effect to
principles of conflicts of laws. This Note shall be binding upon the successors
and assigns of the Maker and shall inure to the benefit of the successors and
assigns of Payee.

                                 ENTERTAINMENT BOULEVARD, INC.

                                 ----------------------------------------------
                                 By:    Stephen Brown
                                 Title: Chairman of the Board
                                        Chief Executive Officer

                                       3

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