Document:

<PAGE>

                                                                   EXHIBIT 10.18

                          LINE OF CREDIT AUTHORIZATION

Borrower: Broadview Media, Inc.     Lender: Terry Myhre
          4455 W. 77th Street               Minnesota School of Business
          Edina, MN  55435                  1401 W. 76th Street
                                            Richfield, MN  55423
                                            Phone: 612-861-2000
                                            Fax: 612-861-5548
                                            E-mail: tmyhre@msbcollege.edu

LOAN TYPE. This is a Fixed Rate Nondisclosable Revolving Line of Credit Loan to
a Corporation for $800,000.00 due on October 31, 2006. The reference rate
("Prime Rate" or successor rate as published daily in the Wall Street
Journal-Midwest Edition, currently 4.00%) is added to a margin of 1.5%,
resulting in a fixed rate of 5.5%. This is an unsecured renewal loan. The Board
of Directors at the May 19th, 2004 meeting authorized this line of credit.

PRIMARY PURPOSE. The Primary Purpose of this loan is for: Business Purposes.

SPECIFIC PURPOSE. The specific purpose of this loan is: An Express Revolving
Line of Credit.

DISBURSEMENT INSTRUCTIONS. Borrower understands that no loan proceeds will be
disbursed until all of Lender's conditions for making the loan have been
satisfied. Please disburse the loan proceeds of $800,000.00 at the request of
the borrower.

FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND
WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND
THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION
AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS
AUTHORIZATION IS DATED MAY 27, 2004.

BORROWER:                                    LENDER:

BROADVIEW MEDIA, INC.                        TERRY MYHRE

BY: /S/ MARK WHITE                       BY: /S/ TERRY MYHRE
    ------------------------------           ---------------------------------
MARK WHITE/CHIEF OPERATING OFFICER           TERRY MYHRE/MN SCHOOL OF BUSINESS

BY: /S/ H. MICHAEL BLAIR
    ------------------------------------
H. MICHAEL BLAIR/CHIEF FINANCIAL OFFICER

<PAGE>

                                                                   EXHIBIT 10.18

                                 PROMISSORY NOTE

BORROWER: Broadview Media, Inc.     LENDER: Terry Myhre
          4455 W. 77th Street               Minnesota School of Business
          Edina, MN  55435                  1401 W. 76th Street
                                            Richfield, MN  55423
                                            Phone:  612-861-2000
                                            Fax:  612-861-5548
                                            E-mail:  tmyhre@msbcollege.edu

PRINCIPAL AMOUNT: $800,000.00  INITIAL RATE: 5.5%  DATE OF NOTE: May 27, 2004

PROMISE TO PAY. Broadview Media, Inc. ("Borrower") promises to pay to Terry
Myhre ("Lender"), or order, in lawful money of the United States of America, the
principal amount of Eight Hundred Thousand & 00/100 Dollars ($800,000.00) or so
much as may be outstanding, together with interest on the unpaid outstanding
principal balance of each advance. Interest shall be calculated from the date of
each advance until repayment of each advance.

PAYMENT. Borrower will pay this loan in one payment of all outstanding principal
plus all accrued unpaid interest on October 31,2006. In addition, Borrower will
pay regular monthly payments of all accrued unpaid interest due as of each
payment date, beginning June 15, 2004, with all subsequent interest payments to
be due on the same day of each month after that. Unless otherwise agreed or
required by applicable law, payments will be applied first to accrued unpaid
interest, then to principal, and any remaining amount to any unpaid collection
costs and late charges. The annual interest rate for this Note is computed on a
365/360 basis; that is, by applying the ratio of the annual interest rate over a
year of 360 days, multiplied by the outstanding principal balance, multiplied by
the actual number of days the principal balance is outstanding. Borrower will
pay Lender at Lender's address shown above or at such other place as Lender may
designate in writing.

FIXED INTEREST RATE.  The Interest rate on this Note is fixed.

DEFAULT. Each of the following shall constitute an event of default ("Event of
Default") under this Note:

      PAYMENT DEFAULT. Borrower fails to make any payment when due under this
Note.

      OTHER DEFAULTS. Borrower fails to comply with or to perform any other
term, obligation, covenant or condition contained in this Note or in any of the
related documents or to comply with or to perform any term, obligation, covenant
or condition contained in any other agreement between Lender and Borrower.

      FALSE STATEMENTS. Any warranty, representation or statement made or
furnished to Lender by Borrower or on Borrower's behalf under this Note or the
related documents is false or misleading in any material respect, either now or
at the time made or furnished or becomes false or misleading at any time
thereafter.

      INSOLVENCY. The dissolution or termination of Borrower's existence as a
going business, the insolvency of Borrower, the appointment of a receiver for
any part of Borrower's property, any assignment for the benefit of creditors,
any type of creditor workout, or the commencement of any proceeding under any
bankruptcy or insolvency laws by or against Borrower.

<PAGE>

      CREDITOR OR FORFEITURE PROCEEDINGS. Commencement of foreclosure or
forfeiture proceedings, whether by judicial proceeding, self-help, repossession
or any other method, by any creditor of Borrower or by any governmental agency
against any collateral securing the loan. This includes a garnishment of any of
Borrower's accounts, including deposit accounts, with Lender. However, this
Event of Default shall not apply if there is a good faith dispute by Borrower as
to the validity of reasonableness of the claim which is the basis of the
creditor or a surety bond for the creditor or forfeiture proceeding, in an
amount determined by Lender, in its sole discretion, as being an adequate
reserve or bond for the dispute.

      EVENTS AFFECTING GUARANTOR. Any of the preceding events occurs with
respect to any Guarantor of any of the indebtedness or any Guarantor dies or
becomes incompetent, or revokes or disputes the validity of, or liability under,
any guaranty of the indebtedness evidenced by this Note. In the event of a
death, Lender, at its option, may, but shall not be required to, permit the
Guarantor's estate to assume unconditionally the obligations arising under the
guaranty in a manner satisfactory to Lender, and, in doing so, cure any Event of
Default.

LENDER'S RIGHTS. Upon default, Lender may declare the entire unpaid principal
balance on this Note and all accrued unpaid interest immediately due, and then
Borrower will pay that amount.

ATTORNEYS' FEES; EXPENSES. Lender may hire or pay someone else to help collect
this Note if Borrower does not pay. Borrower will pay Lender that amount. This
includes, subject to any limits under applicable law, Lender's reasonable
attorneys' fees and Lender's legal expenses, whether or not there is a lawsuit,
including reasonable attorneys' fees, expenses for bankruptcy proceedings
(including efforts to modify or vacate any automatic stay or injunction), and
appeals. If not prohibited by applicable law, Borrower also will pay any court
costs, in addition to all other sums provided by law.

GOVERNING LAW. This Note will be governed by, construed and enforced in
accordance with federal law and the laws of the State of Minnesota. This Note
has been accepted by Lender in the State of Minnesota.

SUCCESSOR INTERESTS. The terms of this Note shall be binding upon Borrower, and
upon borrower's heirs, personal representatives, successors and assigns, and
shall inure to the benefit of Lender and its successors and assigns.

GENERAL PROVISIONS. Lender may delay or forgo enforcing any of its rights or
remedies under this Note without losing them. Borrower and any other person who
signs, guarantees or endorses this Note, and unless otherwise expressly stated
in writing, no party who signs this Note, whether as maker, guarantor,
accommodation maker or endorser, shall be released from liability. All such
parties agree that Lender may renew or extend (repeatedly and for any length of
time) this loan or release any party or guarantor or collateral; or impair, fail
to realize upon or perfect Lender's security interest in the collateral; and
take any other action deemed necessary by Lender without the consent of or
notice to anyone. All such parties also agree that Lender may modify this loan
without the consent of or notice to anyone other than the party with whom the
modification is made. The obligations under this Note are joint and several.

SECTION DISCLOSURE. This loan is made under Minnesota Statutes, Section 47.59.

PRIOR TO SIGNING THIS NOTE, BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF
THIS NOTE. BORROWER AGREES TO THE TERMS OF THE NOTE.

BORROWER ACKNOWLEDGES RECEIPT OF A COMPLETED COPY OF THIS PROMISSORY NOTE.

BORROWER:                                 LENDER:

BROADVIEW MEDIA, INC.                     TERRY MYHRE

BY: /S/ MARK WHITE                        BY: /S/ TERRY MYHRE
    ----------------------------------        ---------------------------------
    MARK WHITE/CHIEF OPERATING OFFICER        TERRY MYHRE/MN SCHOOL OF BUSINESS<PAGE>

                                                                   EXHIBIT 10.19

                          LINE OF CREDIT AUTHORIZATION

Borrower: Broadview Media, Inc.     Lender: Terry Myhre
          4455 W. 77th Street               Minnesota School of Business
          Edina, MN  55435                  1401 W. 76th Street
                                            Richfield, MN 55423
                                            Phone: 612-861-2000
                                            Fax: 612-861-5548
                                            E-mail: tmyhre@msbcollege.edu

LOAN TYPE. This is a Fixed Rate Nondisclosable Revolving Line of Credit Loan to
a Corporation for $1,000,000.00 due on December 31, 2006. The rate is a fixed
rate of 5.5%. This is an unsecured renewal loan. The Board of Directors at the
March 28, 2005 meeting authorized this line of credit.

PRIMARY PURPOSE. The Primary Purpose of this loan is for: Business Purposes.

SPECIFIC PURPOSE. The specific purpose of this loan is: An Express Revolving
Line of Credit.

DISBURSEMENT INSTRUCTIONS. Borrower understands that no loan proceeds will be
disbursed until all of Lender's conditions for making the loan have been
satisfied. Please disburse the loan proceeds of $1,000,000.00 at the request of
the borrower.

FINANCIAL CONDITION. BY SIGNING THIS AUTHORIZATION, BORROWER REPRESENTS AND
WARRANTS TO LENDER THAT THE INFORMATION PROVIDED ABOVE IS TRUE AND CORRECT AND
THAT THERE HAS BEEN NO MATERIAL ADVERSE CHANGE IN BORROWER'S FINANCIAL CONDITION
AS DISCLOSED IN BORROWER'S MOST RECENT FINANCIAL STATEMENT TO LENDER. THIS
AUTHORIZATION IS DATED MARCH 30, 2005.

BORROWER:                                      LENDER:

BROADVIEW MEDIA, INC.                          TERRY MYHRE

BY: /S/ MARK WHITE                         BY: /S/ TERRY MYHRE
----------------------------------             ---------------------------------
MARK WHITE/CHIEF OPERATING OFFICER             TERRY MYHRE/MN SCHOOL OF BUSINESS

BY: /S/ H. MICHAEL BLAIR
----------------------------------------
H. MICHAEL BLAIR/CHIEF FINANCIAL OFFICER

<PAGE>

                                                                   EXHIBIT 10.19

                                 PROMISSORY NOTE

BORROWER: Broadview Media, Inc.     LENDER: Terry Myhre
          4455 W. 77th Street               Minnesota School of Business
          Edina, MN  55435                  1401 W. 76th Street
                                            Richfield, MN  55423
                                            Phone:  612-861-2000
                                            Fax:  612-861-5548
                                            E-mail:  tmyhre@msbcollege.edu

PRINCIPAL AMOUNT: $1,000,000.00  INITIAL RATE: 5.5%  DATE OF NOTE: Mar 30, 2005

PROMISE TO PAY. Broadview Media, Inc. ("Borrower") promises to pay to Terry
Myhre ("Lender"), or order, in lawful money of the United States of America, the
principal amount of One Million & 00/100 Dollars ($1,000,000.00) or so much as
may be outstanding, together with interest on the unpaid outstanding principal
balance of each advance. Interest shall be calculated from the date of each
advance until repayment of each advance.

PAYMENT. Borrower will pay this loan in one payment of all outstanding principal
plus all accrued unpaid interest on December 31,2006. In addition, Borrower will
pay regular monthly payments of all accrued unpaid interest due as of each
payment date, beginning July 15, 2006, with all subsequent interest payments to
be due on the same day of each month after that. Unless otherwise agreed or
required by applicable law, payments will be applied first to accrued unpaid
interest, then to principal, and any remaining amount to any unpaid collection
costs and late charges. The annual interest rate for this Note is computed on a
365/360 basis; that is, by applying the ratio of the annual interest rate over a
year of 360 days, multiplied by the outstanding principal balance, multiplied by
the actual number of days the principal balance is outstanding. Borrower will
pay Lender at Lender's address shown above or at such other place as Lender may
designate in writing.

FIXED INTEREST RATE.  The Interest rate on this Note is fixed.

DEFAULT. Each of the following shall constitute an event of default ("Event of
Default") under this Note:

      PAYMENT DEFAULT. Borrower fails to make any payment when due under this
Note.

      OTHER DEFAULTS. Borrower fails to comply with or to perform any other
term, obligation, covenant or condition contained in this Note or in any of the
related documents or to comply with or to perform any term, obligation, covenant
or condition contained in any other agreement between Lender and Borrower.

      FALSE STATEMENTS. Any warranty, representation or statement made or
furnished to Lender by Borrower or on Borrower's behalf under this Note or the
related documents is false or misleading in any material respect, either now or
at the time made or furnished or becomes false or misleading at any time
thereafter.

      INSOLVENCY. The dissolution or termination of Borrower's existence as a
going business, the insolvency of Borrower, the appointment of a receiver for
any part of Borrower's property, any assignment for the benefit of creditors,
any type of creditor workout, or the commencement of any proceeding under any
bankruptcy or insolvency laws by or against Borrower.

<PAGE>

      CREDITOR OR FORFEITURE PROCEEDINGS. Commencement of foreclosure or
forfeiture proceedings, whether by judicial proceeding, self-help, repossession
or any other method, by any creditor of Borrower or by any governmental agency
against any collateral securing the loan. This includes a garnishment of any of
Borrower's accounts, including deposit accounts, with Lender. However, this
Event of Default shall not apply if there is a good faith dispute by Borrower as
to the validity of reasonableness of the claim which is the basis of the
creditor or a surety bond for the creditor or forfeiture proceeding, in an
amount determined by Lender, in its sole discretion, as being an adequate
reserve or bond for the dispute.

      EVENTS AFFECTING GUARANTOR. Any of the preceding events occurs with
respect to any Guarantor of any of the indebtedness or any Guarantor dies or
becomes incompetent, or revokes or disputes the validity of, or liability under,
any guaranty of the indebtedness evidenced by this Note. In the event of a
death, Lender, at its option, may, but shall not be required to, permit the
Guarantor's estate to assume unconditionally the obligations arising under the
guaranty in a manner satisfactory to Lender, and, in doing so, cure any Event of
Default.

LENDER'S RIGHTS. Upon default, Lender may declare the entire unpaid principal
balance on this Note and all accrued unpaid interest immediately due, and then
Borrower will pay that amount.

ATTORNEYS' FEES; EXPENSES. Lender may hire or pay someone else to help collect
this Note if Borrower does not pay. Borrower will pay Lender that amount. This
includes, subject to any limits under applicable law, Lender's reasonable
attorneys' fees and Lender's legal expenses, whether or not there is a lawsuit,
including reasonable attorneys' fees, expenses for bankruptcy proceedings
(including efforts to modify or vacate any automatic stay or injunction), and
appeals. If not prohibited by applicable law, Borrower also will pay any court
costs, in addition to all other sums provided by law.

GOVERNING LAW. This Note will be governed by, construed and enforced in
accordance with federal law and the laws of the State of Minnesota. This Note
has been accepted by Lender in the State of Minnesota.

SUCCESSOR INTERESTS. The terms of this Note shall be binding upon Borrower, and
upon borrower's heirs, personal representatives, successors and assigns, and
shall inure to the benefit of Lender and its successors and assigns.

GENERAL PROVISIONS. Lender may delay or forgo enforcing any of its rights or
remedies under this Note without losing them. Borrower and any other person who
signs, guarantees or endorses this Note, and unless otherwise expressly stated
in writing, no party who signs this Note, whether as maker, guarantor,
accommodation maker or endorser, shall be released from liability. All such
parties agree that Lender may renew or extend (repeatedly and for any length of
time) this loan or release any party or guarantor or collateral; or impair, fail
to realize upon or perfect Lender's security interest in the collateral; and
take any other action deemed necessary by Lender without the consent of or
notice to anyone. All such parties also agree that Lender may modify this loan
without the consent of or notice to anyone other than the party with whom the
modification is made. The obligations under this Note are joint and several.

SECTION DISCLOSURE. This loan is made under Minnesota Statutes, Section 47.59.

PRIOR TO SIGNING THIS NOTE, BORROWER READ AND UNDERSTOOD ALL THE PROVISIONS OF
THIS NOTE. BORROWER AGREES TO THE TERMS OF THE NOTE.

BORROWER ACKNOWLEDGES RECEIPT OF A COMPLETED COPY OF THIS PROMISSORY NOTE.

BORROWER:                                    LENDER:

BROADVIEW MEDIA, INC.                        TERRY MYHRE

BY: /S/ MARK WHITE                           BY: /S/ TERRY MYHRE
    ----------------------------------       ---------------------------------
    MARK WHITE/CHIEF OPERATING OFFICER       TERRY MYHRE/MN SCHOOL OF BUSINESS

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00086-of-00352.parquet"}]]