Document:

SHARE SHIP AGREEMENT

THIS AGREEMENT ("Agreement") is between:

                                Euro Oceans, Ltd.
             Having offices at 14 Huntington, Trinity, Texas, 75862
                                  ("Developer")

And:
                          Marine Growth Ventures, Inc.
      Having offices at 405-A Atlantis Rd., Cape Canaveral, Florida, 32920
                                     ("MGV")

And:
                           Marine Growth Canada, Ltd.
      Having offices at 405-A Atlantis Rd., Cape Canaveral, Florida, 32920
                                     ("MGC")

And:
                          Sophlex Ship Management, Inc.
      Having offices at 405-A Atlantis Rd., Cape Canaveral, Florida, 32920
                                   ("Sophlex")
And:
                         Ship Timeshare Management, Inc.
      Having offices at 405-A Atlantis Rd., Cape Canaveral, Florida, 32920
                                    ("STMI")

WHEREAS:

A.    The Developer is a Bahamas corporation formed by Barry Jones ("Jones") for
      the purpose of selling timeshares on a Cruise ship ("Shares") on a first
      cruise ship (the "Project"); and

B.    MGV wants to and Developer wants MGV to provide the investment capital and
      expertise necessary for the acquisition and improvement of a cruise ship
      ("First Vessel") for the Project; and

C.    MGC, a wholly owned subsidiary of MGV, has acquired the First Vessel-the
      Pacific Aurora; and

D.    The number of Shares for The Project is equal to the number of cabins on
      the First Vessel times 50 weeks, (34 x 50 = 1700) each representing a 7
      day cruise each year for a predetermined number of years. It is
      anticipated by Developer that the initial term for the Project shall be 20
      years; and

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E.    MGV desires to contract with Developer on an exclusive basis for Developer
      to market and sell on behalf of MGV the Shares to buyers ("Owners"); and

F.    MGC and the Owners' Association (as defined in H below) shall enter into a
      Bareboat Charter Agreement which, among other things, shall grant the
      Owners' Association the right to utilize the First Vessel for any and all
      uses related to the Project; Additionally, MGC and Sophlex shall enter
      into an agreement for Sophlex's services, including without limitation,
      deck, engine, and hotel services to the Project and Association and

G.    The sale of Shares, use and occupancy of the First Vessel by Owners,
      related rights of Owners and other matters governing ownership of a Share
      and use of the First Vessel are disclosed and set forth in documents
      ("Governing Instruments") that include (a) Declarations of Covenants,
      Conditions and Restrictions ("Declarations"), (b) "Bylaws", for the
      Association, (c) a Disclosure Statement, Offering Circular or similar
      documents, each containing all necessary provisions as may be required by
      applicable local or state law, (d) a Share "Purchase Agreement", and (d)
      "Rules". The Declarations and present Purchase Agreement, Exhibits "E" and
      "F", are hereby attached to made a part of this Agreement; and

H.    As provided for in the Governing Instruments, each Owner upon acquisition
      of a Share shall become a member of an Owners' Association
      ("Association"), said Association to be responsible for the operations of
      the First Vessel as well as representing the rights of the Owners; and

I.    Each Owner shall pay an annual fee ("Maintenance Fee") to be used to pay
      for any and all costs related to the operation and maintenance of the
      First Vessel, its use and occupancy by Owners, and the administration of
      the Association. Developer shall be responsible for determining the
      initial annual Maintenance Fee amounts; and

J.    MGV shall by way of a Voting Proxy grant to Developer the right to vote on
      behalf of any unsold Shares until such time as 85% (1445) of the Shares
      are sold; and

K.    MGV, MGC, and Developer want Sophlex, a company affiliated with MGV, to
      provide operating deck, engine and hotel management services for the First
      Vessel and subsequent ships pursuant to the terms of a related
      agreement(s) ("Ship Management Agreement"); and

L.    MGV and Developer want "Ship Timeshare Management", having the same
      principals as Sophlex, to administer the business of the Association
      pursuant to a related agreement ("Association Agreement").

NOW, THEREFORE, Developer, MGV, MGC, and Sophlex agree as follows:

1.    SHIP ACQUISITION AND IMPROVEMENT
      A.    MGC has acquired full title to the First Vessel in the name of
            Pacific Aurora. MGC shall provide all necessary funds and expertise
            required to bring the ship to the condition necessary for its use
            for the Project ("MGC Investment"). The ship is more particularly
            described in Exhibit "D", attached to and hereby made a part of this
            Agreement. The parties hereby consent to the re-naming of the First
            Vessel to "Squamish Voyager", provided such change does not
            materially add to the costs of the Project.

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      B.    Prior to any sales of Shares, MGV, MGC, and Sophlex shall insure
            that the First Vessel is in compliance with all safety and operating
            requirements and that no additional expenses are necessary for the
            First Vessel to be able to commence passenger service, unless
            otherwise set forth in Exhibit "D".

2.    BUSINESS MODEL PROJECTION
      A.    Developer has prepared a Share projection for the Project dated the
            1st of April 2007, attached to and hereby made a part of this
            Agreement as Exhibit "A", "Plan Model".

      B.    The Plan Model describes the number of Shares and sales, potential
            income, planned expenses, payment of charter fees by Developer to
            MGV, other First Vessel costs, net income and distribution of net
            income. Tax ramifications have not been included in the Plan Model
            and related changes may occur.

      C.    The Governing Instruments and any and all marketing materials used
            by Developer or on its behalf, shall adequately disclose agreed upon
            minimum sales necessary for the Project to be self-sustaining.

      D.    MGV, MGC, and Developer agree that Developer is committing to use
            its best efforts to sell the Shares, but in all cases for purposes
            of performance and termination rights: (1) for so long as MGV's
            financing for the First Vessel and Project remains outstanding,
            Developer is hereby guaranteeing to achieve, on an aggregate basis,
            sales targets and revenue amounts of at least 75% of those stated in
            the Plan Model; (2) for all periods following the full and final
            payment of MGV's financing for the First Vessel and Project, the
            Developer is hereby guaranteeing to achieve, on an aggregate basis,
            sales targets and revenue amounts of at least 50% of those stated in
            the Plan Model. For purposes of this Section 2D, subsection (i),
            shall not apply if the failure to achieve the targets and revenue
            amounts is a result any action or default on the part of another
            party to this Agreement, including their respective management or
            agents. Furthermore, Developer shall not be responsible for failure
            to achieve as a result of deteriorated economic conditions arising
            because of an act of terrorism, or acts of God. In the event that
            Developer fails to meet these targets outlined in this Section 2D,
            MGC at its sole option may exercise the termination rights provided
            for in Section 11 hereunder. In the event that MGC exercises said
            termination rights, MGC in its sole discretion may proceed with the
            Project on its own and/or retain the services of another entity to
            perform the duties of the Developer as outlined herein.

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      E.    In accordance with Section 2(D) above, Developer hereby warrants
            that to the best of Developer's knowledge there are presently no
            existing defaults or other obstacles that would hinder or otherwise
            prevent Developer from achieving the sales targets or revenue
            amounts stated in the Plan Model. Furthermore, for purposes of this
            Section 2, subsections D and E, Developer shall be required to
            notify MGV in writing within five (5) days of Developer's knowledge
            of the existence of any default or other action by any party to this
            Agreement that Developer believes is or will impact Developer's
            ability to achieve the sales targets and revenue amounts stated in
            the Plan Model.

3.    FIRST VESSEL DELIVERY AND CHARTER
      A.    MGC shall charter the First Vessel to the Association pursuant to
            the terms of a Bareboat Charter Agreement. A "Ship Management
            Agreement" shall be attached to and made a part of the Bareboat
            Charter Agreement. The Bareboat Charter Agreement and Ship
            Management Agreement are hereby attached to and made a part of this
            Agreement as Exhibit "C".

      B.    The initial term of the Bareboat Charter Agreement shall be 20
            years. The Bareboat Charter Agreement shall contain provisions
            permitting the Owners the right to extend the Bareboat Charter
            Agreement at the expiration of the initial term, provided the First
            Vessel is capable of continuing to operate.

      C.    INTENTIONALLY LEFT BLANK

      D.    Pursuant to the Bareboat Charter Agreement, delivery of the First
            Vessel shall be made by MGC to the Developer on behalf of the
            Association on or before the 1st day of May 2007, ("Delivery Date")
            at North Vancouver, British Columbia, Canada.

4.    SHIP AND ASSOCIATION OPERATION AND MANAGEMENT
      A.    The administration of Association business shall be carried out by
            STMI, pursuant to Exhibit "B", "Association Management Agreement",
            attached to and hereby made a part of this Agreement. STMI is owned
            by the same principals as Sophlex.

      B.    The operation and management of the First Vessel's deck, engine and
            hotel departments shall be carried out by Sophlex pursuant to the
            "Ship Management Agreement" between Sophlex and MGC that a part of
            the Charter Agreement.

      C.    Pursuant to the Governing Instruments and as required by any related
            management agreements referenced herein, STMI, with all required
            assistance from Sophlex, shall prepare a detailed operating and
            management budget for the First Vessel to include, but not limited
            to: (a) costs for and related to First Vessel and hotel operations,
            repairs, passenger service and other requirements, including a
            reasonable reserve for annual or biennial and emergency maintenance
            and repairs, replacement of goods and materials, and insurance, (b)
            for the cost of Association administration, (c) net on board income,
            some of which shall be credited against costs and expenses, and (d)
            management expenses and fees. The subsequent combined total annual
            cost shall be divided by the number of Shares, adjusted to
            differentiate between cabin categories, to determine the annual
            Maintenance Fee payable by each Owner.

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      D.    To assist with the implementation of Association functions, the
            Developer may assist STMI in the initial organization and early
            management of the Association, as Sophlex may reasonably request.
            Developer shall be reimbursed by Sophlex or the Association, as may
            be appropriate, for related expenses.

      E.    MGV, Sophlex, STMI and/or Developer may provide additional services
            not specifically described in this Agreement, as may arise and be
            required, in support of the Project, each being reasonably
            reimbursed by the Association or from proceeds from sales of Shares
            or otherwise.

5.    GOVERNING INSTRUMENTS
      A.    The Developer shall prepare, produce and pay related costs of and
            for Governing Instruments, including filing and registration of
            disclosure statements if and as required by any State or other
            regulatory authority.

      B.    MGV, MGC, Sophlex and STMI shall assist the Developer with the
            preparation of Governing Instruments as may be reasonably required,
            including timely provision of information required by any regulatory
            agency.

      C.    MGV shall review all initial Governing Instruments prior to their
            filing or dissemination to any third parties. Following their
            initial filing, MGV shall also review any material changes made to
            the Governing Instruments prior to any filing or dissemination to
            any third parties. Said review by MGV shall be timely and shall not
            unreasonably delay Developer's completion of its responsibilities
            under this Agreement. For purposes of this Section 5 (C), "timely"
            shall be no longer than seven (7) business days from MGV's receipt
            of said Governing Instruments.

6.    SHARE SALES AND DEVELOPER INCOME
      A.    The Developer will manage the marketing and sale of Shares and
            commercial cruises through a sales company(ies) ("Sales
            Company(ies)"), and as the Developer otherwise deems to be in the
            best interest of the Project; provided however, that any Sales
            Company utilized by Developer shall be an entity owned or operating
            with Developer's direct control and supervision.

      B.    Developer shall cause to be formed and properly registered a
            corporation in the name of Boutique Cruise Lines, Inc. Said
            corporation shall be used by the Developer to market commercial
            cruises, support the sale of Shares, and otherwise perform
            Developer's obligations under this Agreement for the Project.
            Further, said corporation shall at all times be owned and controlled
            by Developer.

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      C.    Except as otherwise stated in this Agreement, contemplated by the
            Plan Model or included in contracts with them, Sales Companies and
            other entities active in the marketing, sale and promotion of Shares
            or that provide tour and other services to ship passengers, shall be
            independent entities that are obligated to and pay all of their own
            costs and expenses.

      D.    A predetermined minimum Net Sales Price has been assigned to each
            Share cabin category as follows: A - $6,720.00; B - $6,272.00; C -
            $5,920; D - $5,408.00; E - $3,936.00; F - $3,456.00. The Developer
            reserves the right to adjust the minimum Net Sales Prices between
            cabin categories but in no event shall any change reduce the overall
            average Net Sales Price of $5,480.00. No Share shall be sold for
            less than the minimums contained herein without the prior written
            consent of MGC.

      E.    Credit card processing charges sufficient to pay merchant account
            fees and card processing costs ("Card Costs") shall be deducted from
            amounts payable from the Escrow Account (described in Section 7.B.)
            to MGC, Developer and Sales Company(ies), on a pro rata basis
            relative to the amount due each such party. Developer shall attempt
            to, but may not, cause a related Share sale price to be increased in
            at least a like amount to offset such Card Costs deductions.

      F.    In the event that a provider of Share buyer financing charges a
            service charge or discount fee ("Finance Fees") that must be paid by
            the Developer, such Finance Fees shall be deducted from amounts
            payable from the Escrow Account (described in Section 7.B.) to MGV,
            Developer and Sales Company(ies), on a pro rata basis relative to
            the amount due each such party. Developer shall attempt to, but may
            not, cause a related Share sale price to be increased in at least a
            like amount to offset such Finance Fees deductions.

      G.    In addition to the sales price paid by buyers of Shares, buyers
            shall pay closing cost fees in amounts, for purposes and payable to
            parties determined by Developer to cover costs and expenses related
            to closing Share sales, including, but not limited to, Escrow
            Account management, some buyer financing setup fees, provision of
            welcome gifts to buyers, UCC filings for financed sales, ownership
            deed issuance, ownership registration, purchase contract review and
            finalization, preventing buyer cancellations during the Waiting
            Period, other ownership conveyance and related administrative and
            management costs. These costs and related disbursements shall be
            determined by the Developer.

7.    DEVELOPER EXPENSES AND DISTRIBUTION OF NET INCOME
      A.    Expenses to be incurred by the Developer are described in the Plan
            Model and Exhibit "G", "Developer Expenses", attached to and hereby
            made a part of this Agreement.

      B.    All Share sales income shall be deposited into an escrow account
            pursuant to an escrow agreement approved by MGV, Developer, and
            MGV's financing institution ("Escrow Account"). Once each week
            amounts paid into the Escrow Account shall be disbursed to MGV,
            MGV's financial institution, Developer, Sales Company(ies) and
            otherwise as set forth in Escrow Agreement. Such disbursement shall
            be for each recently closed and final sale that has been paid for in
            full, for which all requirements of regulatory agencies have been
            met and when no known refund requirement exists. Escrow Account
            records and reports shall be provided to all parties at agreed upon
            times.

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      C.    A management fee amount shall be paid to Jones by Developer ("Jones
            Expense Fee") and to Sophlex ("Sophlex Expense Fee") in the amount
            and manner described in the Plan Model.

      D.    At such time that net income, after expenses contemplated in the
            Plan Model (including First Vessel Bareboat Charter payments), and
            all debts relating to the acquisition of the First Vessel have been
            paid in full, exceeds $100,000.00 for two consecutive months, then
            starting in the second such month, all net income in excess of
            $100,000.00 shall be split equally between MGC and Developer, or
            their permitted assigns. All income from the Project earned
            following the sale of 100% of the Shares shall be split equally
            between MGV and Developer, or their permitted assigns.

8.    DISSEMINATION OF PROJECT INFORMATION
      A.    The parties to this Agreement acknowledge that publicity has a
            significant impact on the promotion of Shares and that it must be
            managed in a controlled manner intended to enhance Share sales.
            Developer shall be responsible for the creation and supervision of
            all promotional materials, provided however, that Developer shall
            submit all materials to MGC for review prior to any dissemination to
            any third party. MGC shall timely review said materials and shall
            not unreasonably delay its review and approval of said materials.
            "Timely" for purposes of this Section 8(A) shall mean no longer than
            seven (7) business days following MGC's receipt of said materials.
            Developer acknowledges and understands that MGC's review and
            approval of all materials is necessary due to the fact that MGV is a
            publicly held corporation with corresponding obligations to
            shareholders and public governing bodies such as the SEC.
            Accordingly, MGV has to review and approve all materials prior to
            dissemination and MGV will also periodically as required to do so,
            issue press releases and/or filings with applicable regulatory
            agencies. MGV will share any press releases or filings with
            Developer for Developer's input prior to their filing; provided,
            however that final authority on said materials will rest with MGV.

9.    NON COMPETE
      A.    Unless otherwise provided for in this Agreement, MGV, MGC, Sophlex,
            and Developer for themselves, and for their officers and directors,
            pursuant to the agreement of such parties, which MGV, MGC, Sophlex,
            and the Developer hereby warrant as having been given, hereby agree
            not to compete directly or indirectly with the business of the
            Developer as related to the Project during the term of this
            Agreement. Further, Developer hereby agrees that it is the intention
            of the parties to this Agreement that Developer is to provide its
            services outlined herein on an exclusive basis for MGV, MGC and the
            Project.

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      B.    Unless otherwise provided for in this Agreement, the term "not to
            compete" as used herein shall mean that MGV, Developer and Sophlex
            shall not own, invest in, manage, operate, consult or be employed in
            a business substantially similar to and competitive with the present
            business of the Developer and Project as contemplated by and during
            the term of this Agreement.

10.   ASSIGNMENT
      No party to this Agreement may assign its interests under this Agreement
      or any ancillary agreement referenced herein, without the prior written
      consent of the other parties, said consent not to be unreasonably
      withheld. For purposes of this Section 10, the withholding of consent to
      an assignment shall be deemed unreasonable if the intended assignee shall
      be shown to have been capable of performing the duties under the assigned
      agreement from both an operational and financial standpoint. Provided
      however, that assignments shall be permitted to entities under common
      control and ownership with said party desiring to assign.

11.   TERM AND TERMINATION
      A.   The term of this Agreement shall start on the date that the Agreement
           is executed by all parties hereto, and except as otherwise provided
           for herein, terminate on the earlier of the following:

            (a)   By MGV or Developer by giving the other sixty (60) days'
                  written notice of a default of any of the provisions of this
                  Agreement, said notice shall provide for a minimum of sixty
                  (60) days to cure said default. Provided, however, that no
                  cure period shall be required for purposes of a termination
                  pursuant to Section 11 (d) hereunder.

            (b)   At the option of the Developer at such time as the Developer
                  has sold 85% or more of the Shares in the Project. In this
                  event all of the obligations and rights of the Association,
                  Owners and Sophlex contemplated by this Agreement shall
                  continue.

            (c)   At the time 100% of the Shares in the Project are sold.

            (d)   At the sole option of MGV if beginning on the 15th day of
                  August 2007, Share Net Sales Revenue is less than 75% of the
                  cumulative amount detailed in the Plan Model over a
                  consecutive four (4) month period, or if monthly Net Sales
                  Revenue over a consecutive four (4) month period is
                  insufficient to pay all expenses and ship costs as
                  contemplated by the Plan model, whichever is lowest. Provided,
                  however, that this termination right shall only be applicable
                  for so long as any MGV financing for the First Vessel and the
                  Project remains unpaid. Following the full and final payment
                  of all MGV financing related to the First Vessel and the
                  Project, the termination rights contained in this Section
                  11A(d) shall be changed to read that 50% shall be substituted
                  for 75%.

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      B.    In the event this Agreement is terminated, then:

            (a)   Unless as otherwise provide for in this Agreement, all of the
                  rights and obligations of the parties to this Agreement shall
                  terminate, except that all of the rights of the Association
                  and Owners contemplated by this Agreement and Governing
                  Instruments shall continue pursuant to their owns terms.

            (b)   All sums due MGV, MGC, and Developer, or any other parties
                  referenced in Section 7 above, to the time of termination
                  shall be paid to them in the manner provided for in this
                  Agreement.

            (c)   INTENTIONALLY LEFT BLANK

12.   ADDITIONAL SHIPS
      The parties acknowledge that prior to the acquisition of the First Vessel,
      Jones was actively tracking the availability of and working to acquire
      ships for a cruise timeshare business other than, prior to and during
      MGV's negotiation to acquire the First Vessel, including entering into
      tentative related tentative arrangements ("Tentative Arrangements).
      Developer hereby warrants that all such Tentative Arrangements have been
      terminated except for one involving a party named Rainer Tanzier. The
      parties hereby agree that in the event Tanzier presents a workable project
      to MGV and Developer and MGV choose to not go forward with such new
      project that Tanzier shall be compensated for his efforts by way of a one
      time flat fee monetary payment. Said amount will be determined at such
      time by agreement between MGV and Developer. Said amount shall be
      reasonable based upon the work performed by Tanzier.

13.   RECORDS AND REPORTS
      A.    Developer shall prepare and provide MGV / MGC with reports and
            records necessary to fully disclose sales, income, expense,
            distribution of money and related financial information. This shall
            include weekly reports from the Escrow Account agent describing the
            distribution of cash receipts, a monthly Share sales report, and
            quarterly financial statements for the Developer.

      B.    MGV/MGC, Sophlex, and STMI shall cause the Developer and Association
            to be provided reports and records describing full financial
            information regarding the operation of the First Vessel and
            Association on a weekly and monthly basis as agreed to by Sophlex
            and Developer.

      C.    The Parties to this Agreement acknowledge and agree that audited
            financial statements on no less than an annual basis will be
            required of MGC/MGV with respect to the Project in accordance with
            SEC requirements and/or other regulatory agencies. Costs for said
            audits shall be borne by MGV/MGC.

14.   OTHER
      A.    The corporate parties to this Agreement and/or their management or
            officers can be involved in entities and activities related and
            intended to enhance the Share project, including Sophlex and STMI as
            provided for in this Agreement, Sales Company(ies), tour and
            excursion activities as may be in the best interests of Shares
            marketing and sales, and otherwise, except that no such involvement
            shall diminish Share marketing and sales, commercial cruise fare net
            income, or increase related expenses or costs.

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      B.    The failure of any of the parties to this Agreement to demand strict
            performance by the other party of any of the terms of this Agreement
            shall not be construed to be a continuing waiver or relinquishment
            thereof, and either MGV or Developer may at any time demand
            subsequent strict and complete performance by the other of all other
            provisions of this Agreement.

      C.    The parties to this Agreement acknowledge that Jones has had and
            continues to have a business relationship with Windjammer Barefoot
            Cruises, Ltd., and related entities. Provided said relationship does
            not materially interfere with Developer's performance under this
            Agreement, said relationship shall be excluded from the non-compete
            provisions contained in Section 9 herein.

      D.    This Agreement is binding upon and shall inure to the benefit of all
            of the parties to this Agreement, their heirs, successors, and
            permitted assigns.

      E.    In the event that any legal action related to this Agreement is
            instituted by one or more of the parties to this Agreement against
            another, the prevailing party(ies) shall be entitled to recover
            reasonable legal costs and attorney fees.

      F.    Any notices to be given to one part to this Agreement by another
            shall be in writing and shall be delivered in person, by courier if
            a delivery receipt must be signed or by certified mail requiring a
            return receipt, to the addresses set forth on the first page of this
            Agreement. Notices shall be deemed received at such time as a
            delivery is made in person or a receipt is signed. Any change of
            address shall be promptly reported to the other party in the same
            manner.

      G.    Except as otherwise provided for herein and/or in a separate written
            agreement, this Agreement and attached Exhibits contain the entire
            agreement between the parties to this Agreement. There are no oral
            agreements existing between the parties that are not expressly set
            forth herein and therein. Any amendment to this Agreement must be in
            writing signed by all of the parties to this Agreement.

      H.    Section or paragraph headings in this Agreement and in attached
            Exhibits are for reference purposes and are not intended to and
            shall not in any way modify or limit any provisions in sections or
            paragraphs of this Agreement.

      I.    This Agreement shall be governed by and construed in accordance with
            the laws of the State of Florida.

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<PAGE>

Date: April 11, 2007

MARINE GROWTH VENTURES, INC. (MGV)

By: /s/ Craig Hodgkins                            Its: President
        ------------------------------                 ------------------

EURO OCEAN, LTD (DEVELOPER)

By: /s/ Barry Jones                               Its:
        ------------------------------                 ------------------

SOPHLEX SHIP MANAGEMENT, INC (SOPHLEX)

By: /s/ Timothy Levensaler                        Its: President
        ------------------------------                 ------------------

MARINE GROWTH CANADA, LTD. (MGC)

By: /s/ Craig Hodgkins                            Its: President
        ------------------------------                 ------------------

SHIP TIMESHARE MANAGEMENT, INC. (STMI)

By: /s/ Timothy Levensaler                        Its: Director
        ------------------------------                 ------------------

Exhibits:A: Plan Model
         B: Association Management Agreement
         C: Charter and Ship Management Agreement
         D: First Vessel Description
         E: Declarations
         F: Purchase Agreement
         G: Developer Expenses

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                                       11Unassociated Document

    EXHIBIT
      10.9

    

    January
      31, 2007

    

    Mr.
      Richard W. Egan

    President
      & Chief Executive Officer

    Simtrol,
      Inc.

    2200
      Norcross Parkway, Suite 255

    Norcross,
      GA 30071

     

    RE:
      Triton BDS Proposal for Advisory Services

    Dear
      Rick:

    On
      behalf
      of Triton BDS, I am pleased to submit our proposal for comprehensive advisory
      services for Simtrol, Inc (Simtrol). Don Gasgarth, Jeff Zwitter and I have
      had
      discussions with you concerning the extent and nature of the services you and
      Simtrol require, and this proposal is an attempt to qualify the extent and
      nature of such services. 

    Current
      Situation

    Triton
      and several of its Partners have been actively engaged with Simtrol since
      September of last year on a variety of critical corporate initiatives. Pursuant
      to discussion with you and members of the Simtrol Board of Directors, and based
      on the success of our endeavors to date, we understand that Simtrol has agreed
      to expand and extend our prior engagement into a longer-term
      relationship.

    Triton
      Proposal

    There
      are
      many moving parts and events in the Simtrol business where Triton has
      significant insight, experience and expertise. Our proposal is to make the
      Triton Managing Directors (specifically, Paul Freischlag, Don Gasgarth and
      Jeff
      Zwitter) available to you for advice, counsel and coaching on an as-needed
      basis
      to augment your capacity to deal with and execute a wide variety of critical
      and
      time sensitive initiatives. Our intentions are to partner with you and align
      Triton’s interests, objectives and rewards with your own. To this end, Triton
      will focus its highest level of attention on Simtrol to provide you our best
      objective and impartial advice and counsel - effectively becoming an extension
      of your own capabilities. Triton services will include, but not be limited
      to,
      working with and advising you as may be required on the following
      matters:

    

    Financial
      & Strategic Planning 

    Capital
      Formation, Structure & Funding Strategies

    Investor
      Relations & Communications Best Practices 

    Business
      Practice, Processes, Procedures and & Internal Controls

    Strategic
      analysis of the Simtrol business and prospects 

    Human
      Resources Assessment & Development 

    Access
      to
      Triton’s extensive network of relationships and resources 

    

    It
      is
      also understood that the involvement of Craig Reamsnyder and Rick Eaton as
      full-time Simtrol senior management is an integral part of the services Triton
      will provide under this Agreement; however, the responsibilities, job
      descriptions compensation and/or other remuneration for these gentlemen will
      be
      separately negotiated and deemed outside the scope of this Agreement.

    

    As
      has
      been demonstrated by our past efforts, our involvement will significantly
      relieve you from expending your own efforts and attention to all of the above
      noted items - to effectively become your partner in driving the growth, value
      and success of Simtrol. However, any of the above efforts requiring Triton
      personnel to assume the tactical responsibility for execution of Simtrol
      business tasks or processes are not covered by this proposal and will be
      addressed on an as-required basis. 

    

    Being
      keenly sensitive to your current financial situation and to align our common
      interests, we propose that Triton’s compensation be comprised of a monthly cash
      retention fee and an ownership position in your common stock. Specifically,
      we
      suggest a monthly cash retainer of $10,000 and a grant of common stock of
      640,000 shares, which will be ascribed a nominal value, as an inducement to
      enter into this relationship. The aforementioned common shares will be held
      in a
      restricted account by Simtrol for the benefit of Triton and distributed ratably
      over the 24 month engagement period. We also propose that the duration of this
      Agreement be for a period of two years from the date of the expiration of our
      previous September 18, 2006 Agreement. While this Agreement is non-cancelable,
      the scope and terms of the engagement may be changed at anytime by mutual
      agreement between Simtrol and Triton. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Conclusion
      

    As
      you
      can see from the attached descriptive overview of our capabilities and personnel
      (see www.tritonbds.com),
      Triton
      is uniquely qualified to provide you with both significant advisory services
      and
      the willingness to accept a significant portion of our compensation in the
      form
      of your common stock, thus locking our success in this engagement squarely
      with
      yours. The Triton network of professionals will allow Simtrol to leverage our
      talents and relationships to provide a “one stop shop” for gaps in your current
      and future business organization and requirements by utilizing a diverse team
      of
      talented professionals with multifunctional expertise. Triton is confident
      that
      we can help you drive value creation as your impartial partner, as your success
      is inexorably linked with our own.

    We
      look
      forward to continuing our partnership to drive the value and success of
      Simtrol.

    

    

    Sincerely,

    

    /s/
      Paul
      H. Freischlag, Jr.

    

    Paul
      H.
      Freischlag, Jr.

    Managing
      Director/Partner,

    Triton
      Business Development Services

    

    Agreed
      and Accepted

    

    /s/
      Richard W. Egan

    

    Mr.
      Richard W. Egan 

    President
      & Chief Executive Officer 

    Simtrol,
      Inc

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