Document:

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                                                                   EXHIBIT 10.10

$50,000                                                       September 19, 2001

                       GLOBAL SPORTS & ENTERTAINMENT, INC.

                            5% CONVERTIBLE DEBENTURE

THE SECURITIES REPRESENTED BY THIS debenture HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, as amended (THE "securities ACT"). THE SECURITIES HAVE
BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR
OTHERWISE DISPOSED OF IN THE ABSENCE OF A CURRENT AND EFFECTIVE REGISTRATION
STATEMENT UNDER THE securities ACT WITH RESPECT TO SUCH SECURITIES, OR AN
OPINION OF THE ISSUER'S COUNSEL TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED
UNDER THE securities ACT.

         1. OBLIGATION. For value received, GLOBAL SPORTS & ENTERTAINMENT, INC.,
a Delaware corporation (the "COMPANY"), promises to pay to the order of WAYNE
ALLYN ROOT (the "HOLDER") the Principal Amount and Interest (both as defined
below) in the manner and upon the terms and conditions set forth herein. This
Debenture has been issued pursuant to a Debenture Purchase Agreement, dated
September 19, 2001, between the Company and the Holder (the "DEBENTURE PURCHASE
AGREEMENT"), and is one of a series of duly authorized Debentures of the Company
designated as its 5% Convertible Debentures ("DEBENTURES") in the maximum
aggregate principal amount of up to $2,000,000.

         2. AMOUNT AND PAYMENT OF PRINCIPAL AMOUNT. The principal amount
("PRINCIPAL AMOUNT") of this Debenture is Fifty Thousand Dollars ($50,000). On
August 31, 2003 (the "MATURITY DATE"), the entire unpaid Principal Amount plus
accrued Interest will be automatically converted into shares of the Company's
common stock, $.0001 par value (the "COMMON STOCK") at the Conversion Price (as
defined below). The Company will have the right to prepay this Debenture in cash
pursuant to Section 4, in which event the Company will send to the Holder
written confirmation of the Company's intent to prepay the unpaid Principal
Amount and Interest in full. During the thirty (30) day period following the
Company's mailing of such notice, the Holder will have the right to convert the
Principal Amount of this Debenture into shares of the Company's Common Stock,
pursuant to Section 5 below.

         3. AMOUNT AND PAYMENT OF INTEREST. This Debenture will bear interest
("INTEREST") on the unpaid Principal Amount at the rate of 5% per annum
commencing on the date of this Debenture. Interest will be due and payable at
the time the Principal Amount is due and payable.

         4. REDEMPTION. The Company will have the right, at any time after the
effective date of the registration statement registering the underlying
Conversion Shares (as defined below) and upon thirty (30) days' prior written
notice to the Holder, to prepay the entire unpaid Principal Amount of this
Debenture by payment of such Principal Amount and all unpaid Interest accrued to
the date of such prepayment, plus a premium equal to 20% of the Principal Amount
(the "PREPAYMENT PREMIUM"); PROVIDED, HOWEVER, that during the thirty (30) day
notice period the Holder will be entitled to convert the Principal Amount
(excluding the Prepayment Premium) pursuant to Section 5.

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         5. CONVERSION.

                  (a) GENERALLY. At the option of the Holder, at any time and
from time to time before the Maturity Date, the Principal Amount of this
Debenture will be convertible, in whole or in part, into shares of the Company's
Common Stock, subject to and upon the terms and conditions of this Debenture.
The Holder will have the right to elect to convert the Principal Amount during
the 30 day notice period referred to in Section 2 of this Debenture.

                  (b) CONVERSION RATIO. Subject to the provisions of Section 6,
upon conversion the Holder will be entitled to receive one (1) share of Common
Stock ("CONVERSION SHARE") for each $0.75 of Principal Amount and Interest
converted. Thus, the initial conversion price ("CONVERSION PRICE") is $0.75 per
Conversion Share.

                  (c) PROCEDURE FOR CONVERSION. In order to convert pursuant to
Section 5(a) above, the Holder must surrender this Debenture and deliver to the
Company a duly completed and executed Notice of Election to Convert in the form
attached hereto as Schedule 1 (an "ELECTION NOTICE"). Within fifteen (15) days
after the receipt of the Election Notice, the Company will issue and deliver to
the Holder a certificate for the number of Conversion Shares issuable upon such
conversion and, subject to the Holder's receipt of the Conversion Shares, this
Debenture will be deemed canceled. All Conversion Shares issued will be
imprinted with a legend restricting transfer substantially similar to the legend
set forth on the face of this Debenture.

                  (d) EFFECTIVE DATE OF CONVERSION. Such conversion will be
deemed to have been effected on the date the Conversion Shares are actually
issued ("EFFECTIVE DATE OF CONVERSION"). The person(s) in whose name(s) any
certificate for shares of Common Stock will be issuable upon such conversion
will be deemed to have become the holder(s) of record of the shares represented
thereby as of the Effective Date of Conversion. Interest will accrue and be
payable with respect to the Principal Amount converted up to the Effective Date
of Conversion.

                  (e) ACCRUED INTEREST. Upon any conversion of this Debenture,
the Company will pay to the Holder all accrued and unpaid interest through the
Effective Date of Conversion by check to the order of the Holder mailed to the
Holder's address as it appears on the books of the Company, or, at the option of
the Company, by converting such accrued Interest into shares of Common Stock at
the Conversion Price.

         6. ADJUSTMENTS TO CONVERSION PRICE AND NUMBER OF CONVERSION SHARES. The
Conversion Price and the number of Conversion Shares issuable upon conversion
will be subject to adjustment from time to time as follows:

                  (a) If the shares of Common Stock at any time outstanding are
subdivided into a greater number or combined into a lesser number of shares of
Common Stock or if shares of Common Stock are issued as a stock dividend, the
Conversion Price and the number of Conversion Shares will be decreased or
increased, as the case may be, to an amount that will bear the same relation to
the Conversion Price and the number of Conversion Shares, respectively, in

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effect immediately prior to such subdivision or combination or stock dividend as
the total number of shares of Common Stock outstanding immediately prior to such
subdivision or combination or stock dividend will bear to the total number of
shares of Common Stock outstanding immediately after such subdivision or
combination or stock dividend.

                  (b) In the event of any capital reorganization, or of any
reclassification of the Common Stock or in the event of the consolidation or
merger of the Company with any other corporation (including a merger in which
the Company is the continuing corporation) or of the sale of the properties and
assets of the Company as, or substantially as, an entirety to any other
corporation, this Debenture will after such capital reorganization,
reclassification of Common Stock, consolidation, merger or sale be exercisable,
upon the terms and conditions specified herein, for the number of shares of
stock and warrants or other securities or property of the Company, or of the
corporation resulting from such consolidation or surviving such merger or to
which such sale will be made, as the case may be, to which the Conversion Shares
issuable (at the time of such capital reorganization, reclassification of Common
Stock, consolidation, merger or sale) upon exercise of this Debenture would have
been entitled upon such capital reorganization, reclassification of Common
Stock, consolidation, merger or sale if such exercise had taken place; and in
any such case, if necessary, the provisions set forth in this Section 6 with
respect to the rights and interests thereafter of the Holder will be
appropriately adjusted so as to be applicable, as nearly as may reasonably be,
to any shares of stock or warrants or other securities or property thereafter
deliverable on the conversion of this Debenture. The subdivision or combination
of shares of Common Stock at any time outstanding into a greater or lesser
number of shares of Common Stock will not be deemed to be a reclassification of
the Common Stock of the Company for the purposes of this Section 6(b).

                  (c) Whenever there is an adjustment in the Conversion Price as
provided herein, the Company will promptly mail to the Holder, by first-class
mail, postage prepaid, a notice stating that such adjustment has been effected
and stating the Conversion Price then in effect and the number of Conversion
Shares issuable upon conversion as a result of such adjustment.

                  (d) Irrespective of any adjustments or changes in the number
of Conversion Shares actually issuable upon conversion of this Debenture, this
Debenture will continue to express the number of Conversion Shares issuable
thereunder as expressed in this Debenture when initially issued.

         7. REGISTRATION RIGHTS. The Holder is entitled to "piggy-back"
registration rights with respect to the shares of Common Stock issuable upon
conversion of this Debenture as provided in the Debenture Purchase Agreement.

         8. EXPENSES OF ENFORCEMENT. The Company agrees to pay all reasonable
costs and expenses, including without limitation reasonable attorneys' fees, as
a court of competent jurisdiction may award that the Holder incurs in connection
with any legal action or legal proceeding commenced for the collection of this
Debenture or the exercise, preservation or enforcement of the Holder's rights
and remedies hereunder.

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         9. CUMULATIVE RIGHTS AND REMEDIES. All rights and remedies of the
Holder under this Debenture will be cumulative and not alternative and will be
in addition to all rights and remedies available to the Holder under applicable
law.

         10. GOVERNING LAW. This Debenture will be governed by and interpreted
and construed in accordance with the laws of the State of California. Any action
or proceeding arising under or pursuant to this Debenture will be brought in Las
Vegas, Nevada.

         IN WITNESS WHEREOF, the Company has caused this Debenture to be
executed by its duly authorized officer as of the day and year first above
written.

                                           GLOBAL SPORTS & ENTERTAINMENT, INC.,
                                           a Delaware corporation

                                           By:      /S/ DOUGLAS R. MILLER
                                                -------------------------------
                                                  Douglas R. Miller,
                                                  President

                   SIGNATURE PAGE TO 5% CONVERTIBLE DEBENTURE

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                                   SCHEDULE 1
                          NOTICE OF ELECTION TO CONVERT

                                                 Date: _________________, 200___

To:  GLOBAL SPORTS & ENTERTAINMENT, INC.

         The undersigned hereby purchases _____________ shares of common stock
issuable upon conversion of $___________ of indebtedness represented by the
original 5% Convertible Debenture dated ________, 2001 in the Principal Amount
of $___________ issued in the name of ___________________ in accordance with the
terms thereof.

         The undersigned acknowledges and agrees that the Interest accrued on
the Principal Amount may, at the option of the Company, be paid either in the
form of Common Stock based on the Conversion Price of the Debenture or by check
payable to the order of the Holder.

Issue and deliver certificate(s) for common stock to:

                                         ---------------------------------------
                                         (Name)

                                         ---------------------------------------
                                         (Taxpayer Identification Number)

                                        ----------------------------------------
                                        (Street and Number)

                                        ----------------------------------------
                                        City                         State

                                             Very truly yours,

                                             -----------------------------------
                                             (Signature of Holder of Debenture)

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                                                                   EXHIBIT 10.11

THE WARRANTS REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). THE WARRANTS HAVE BEEN
ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD, TRANSFERRED, ASSIGNED OR OTHERWISE
DISPOSED OF IN THE ABSENCE OF A CURRENT AND EFFECTIVE REGISTRATION STATEMENT
UNDER THE 1933 ACT WITH RESPECT TO SUCH WARRANTS, OR AN OPINION OF THE ISSUER'S
COUNSEL TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED UNDER THE 1933 ACT.

                          COMMON STOCK PURCHASE WARRANT
                          -----------------------------

            For the Purchase of up to 66,666 Shares of Common Stock,
                                $.0001 Par Value

                                       of

                       GLOBAL SPORTS & ENTERTAINMENT, INC.
                            (a Delaware Corporation)

         THIS CERTIFIES THAT, for value received, WAYNE ALLYN ROOT (the
"HOLDER"), as registered owner of this Warrant, is entitled to at any time or
from time to time before 5:00 p.m., Nevada time, on August 31, 2004 (the
"EXPIRATION TIME") but not thereafter, to subscribe for, purchase and receive up
to 66,666 fully paid and nonassessable shares of the $.0001 par value common
stock (the "COMMON STOCK"), of GLOBAL SPORTS & ENTERTAINMENT, INC., a Delaware
corporation (the "COMPANY"). The exercise price for such number of shares will
be $1.00 per share. The number of shares of Common Stock deliverable hereunder,
and the price to be paid for a share of Common Stock may be adjusted from time
to time as hereinafter set forth. The shares of Common Stock deliverable
hereunder, as adjusted from time to time, are hereinafter sometimes referred to
as "WARRANT STOCK." The exercise price of a share of Warrant Stock in effect at
any time, and as adjusted from time to time, is hereinafter sometimes referred
to as the "EXERCISE PRICE."

         This Warrant is delivered pursuant to a Debenture Purchase Agreement,
dated September 19, 2001 (the "DEBENTURE PURCHASE AGREEMENT"), between the
Company and the Holder relating to the purchase and sale of a 5% Convertible
Debenture (the "DEBENTURE").

         1. EXERCISE OF WARRANT. This Warrant may be exercised in whole or part
at any time and from time to time prior to the Expiration Time by presentation
and surrender of this Warrant and payment by cashier's check of the Exercise
Price for such shares of Warrant Stock to the Company at the principal office of
the Company. If the subscription rights represented hereby are not exercised at
or before the Expiration Time, this Warrant will become and be void without
further force or effect, and all rights represented hereby will cease and
expire. This Warrant may be exercised in accordance with its terms in whole or
in part (payment of a portion of the Exercise Price will proportionately reduce
the number of shares to be issued to the Holder). In the event of the exercise
in part only, the Company will cause to be delivered to the Holder a new Warrant
of like tenor to this Warrant in the name of the Holder evidencing the right of
the Holder to purchase the number of shares of the Warrant Stock purchasable
hereunder as to which this Warrant has not been exercised or assigned.

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         2. RIGHT OF REPURCHASE. The Company may redeem some or all of this
Warrant at a call price of $.01 per Warrant upon 30 days written notice if (i)
the Common Stock is listed for trading on any U.S. exchange, (ii) the last sale
price of the Common Stock on any U.S. exchange has equaled or exceeded $4.00 (as
adjusted from stock splits, combinations and similar recapitalizations) for 20
consecutive trading days, and (iii) the shares of Common Stock underlying the
Warrants are available for immediate resale under Rule 144 under the 1933 Act or
the Company has filed and achieved effectiveness of a registration statement
with the United Stated Securities and Exchange Commission for purposes of
registering the resale of the shares of Common Stock underlying the Warrant.

         3. RIGHTS OF THE HOLDER. Holder will not be entitled to vote or receive
dividends or be deemed the holder of Common Stock or any other securities of the
Company that may at any time be issuable on the exercise hereof for any purpose,
nor will anything contained herein be construed to confer upon the Holder of
this Warrant, as such, any of the rights of a shareholder of the Company or any
right to vote for the election of directors or upon any matters submitted to
shareholders at any meeting thereof, or to give or withhold consent to any
corporate action (whether upon any recapitalization, issue of stock,
reclassification of stock, change of par value or change of stock to no par
value, consolidation, merger, conveyance, or otherwise) or to receive dividends
or subscription rights or otherwise until this Warrant has been exercised and
the Warrant Stock issuable upon the exercise hereof has become deliverable as
provided herein.

         4. ADJUSTMENTS TO EXERCISE PRICE AND NUMBER OF SHARES.

                  (a) ADJUSTMENT FOR RECLASSIFICATIONS. If at any time or from
time to time after the issue date the holders of the Common Stock of the Company
(or any shares of stock or other securities at the time receivable upon the
exercise of this Warrant) have received, or, on or after the record date fixed
for the determination of eligible stockholders, have become entitled to receive,
without payment therefore, other or additional stock or other securities or
property (including cash) by way of stock-split, spinoff, reclassification,
combination of shares or similar corporate rearrangement (exclusive of any stock
dividend of its or any subsidiary's capital stock), then and in each such case
the Holder of this Warrant, upon the exercise hereof as provided in Section 1,
will be entitled to receive the amount of stock and other securities and
property which such Holder would hold on the date of such exercise if on the
issue date he had been the holder of record of the number of shares of Common
Stock of the Company called for on the face of this Warrant and had thereafter,
during the period from the issue date, to and including the date of such
exercise, retained such shares and/or all other or additional stock and other
securities and property receivable by him as aforesaid during such period,
giving effect to all adjustments called for during such period. In the event of
any such adjustment, the Exercise Price will be adjusted proportionately.

                  (b) ADJUSTMENT FOR REORGANIZATION, CONSOLIDATION, MERGER. In
the event of any reorganization of the Company (or any other corporation the
stock or other securities of which are at the time receivable on the exercise of
this Warrant) after the issue date, or in case, after such date, the Company (or
any such other corporation) consolidates or merges with another corporation
(including any merger in which the Company is the survivor) or conveys all or

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substantially all of its assets to another corporation, then and in each such
case the Holder of this Warrant, upon the exercise hereof as provided in Section
1 at any time after the consummation of such reorganization, consolidation,
merger or conveyance, will be entitled to receive, in lieu of the stock or other
securities and property receivable upon the exercise of this Warrant prior to
such consummation, the stock or other securities or property to which such
Holder would be entitled had the Holder exercised this Warrant immediately prior
thereto, all subject to further adjustment as provided herein; in each such
case, the terms of this Warrant will be applicable to the shares of stock or
other securities or property receivable upon the exercise of this Warrant after
such consummation.

         5. TRANSFER TO COMPLY WITH THE SECURITIES ACT OF 1933.

                  (a) This Warrant and the Warrant Stock or any other security
issued or issuable upon exercise of this Warrant may not be sold, transferred or
otherwise disposed of except to a person who, in the opinion of counsel for the
Company, is a person to whom this Warrant or such Warrant Stock may legally be
transferred without registration and without the delivery of a current
prospectus under the 1933 Act with respect thereto and then only against receipt
of an agreement of such person to comply with the provisions of this Section 5
with respect to any resale or other disposition of such securities.

                  (b) The Company may cause the following legend to be set forth
on each certificate representing Warrant Stock or any other security issued or
issuable upon exercise of this Warrant, unless counsel for the Company is of the
opinion as to any such certificate that such legend is unnecessary:

         THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
         UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "1933 ACT"). THE
         SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD,
         TRANSFERRED, ASSIGNED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF A
         CURRENT AND EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT WITH
         RESPECT TO SUCH SECURITIES, OR AN OPINION OF THE ISSUER'S COUNSEL TO
         THE EFFECT THAT REGISTRATION IS NOT REQUIRED UNDER THE 1933 ACT.

         6. REGISTRATION RIGHTS. The Holder is entitled to "piggy-back"
registration rights with respect to the shares of Common Stock issuable upon
exercise of this Warrant as provided in the Debenture Purchase Agreement.

         7. RESERVATION OF COMMON STOCK, ETC. There will be reserved, and the
Company will at all times keep reserved, out of the authorized and unissued
shares of Common Stock, a number of shares sufficient to provide for the
exercise of this Warrant.

         8. CONVERTED WARRANT. At its option, the Holder may request pursuant to
this Section 8 that the Company exchange the Warrant or any portion thereof for
a particular number of Warrant Shares by delivering to the Holder, without
payment by the Holder of the exercise price per share of any cash or other
consideration, that number of shares of Common Stock equal to the quotient
obtained by dividing the Net Value (as hereinafter defined) of the number of

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Warrant Shares with respect to which the Warrant is being exercised (the
"CONVERTED WARRANT SHARES") by the Fair Market Value (as determined (i) by
reference to the average of the last sales price, or bid price if there was no
sale, for the 20 most recent trading days if the Common Stock is publicly traded
or (ii) by the Board of Directors acting in good faith if the Common Stock is
not publicly traded) of a single share of Common Stock, determined in each case
as of the close of business on the date of exercise of the Warrant. The "Net
Value" of the Converted Warrant Shares will be determined by subtracting the
aggregate exercise price (per share) of the Converted Warrant Shares from the
aggregate Fair Market Value of the Converted Warrant Shares. All other
provisions of the Warrants will apply to any such exchange of the Warrants
pursuant to the terms of this Section 8.

         IN WITNESS WHEREOF, the Company has caused this Warrant to be signed by
its duly authorized officer on this day of September, 2001.

                                            GLOBAL SPORTS & ENTERTAINMENT, INC.
                                            a Delaware corporation

                                            By:      /S/ DOUGLAS R. MILLER
                                                 -------------------------------
                                                  Douglas R. Miller,
                                                  President

                                      -4-

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