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Growth Mergers SB-2/A, Web Devel & Host Agree

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Sectors: Leisure and Entertainment
Effective Date: March 13, 2002
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THIS AGREEMENT made this 13th day of March 2002.


BETWEEN:


STREET LIGHT PRODUCTIONS LTD.
a body corporate registered to carry on business
in the Province of British Columbia, Canada,
(herein "Streetlight")


OF THE FIRST PART,


AND


GROWTH MERGERS INC.
A body corporate registered to carry on business
in the state of Nevada, USA,
(herein "Growth")


OF THE SECOND PART.


WEBSITE DEVELOPMENT AND HOSTING AGREEMENT
-----------------------------------------


WHEREAS Streetlight is in the business of developing Internet websites and hosting such website for a fee;


AND WHEREAS Growth is in the adult entertainment industry and requires the design of multiple Internet websites for that industry;


AND WHEREAS Growth requires Streetlight to host the said websites that it designs.


NOW THIS AGREEMENT WITNESSETH that in consideration of the mutual covenants and promises granted between the parties, each party covenants and agrees with each other as follows:


1.0 STREETLIGHT SERVICES


1.1 Streetlight shall develop and maintain Internet websites that are fully
operational including the following goods and services:


Website development


(a) construction of web pages including home pages and 12 front end pages,
logos for each site and 5 standard sized banners for each of three
registered URLs supplied by Growth
(b) registration of site on all major search engines;
(c) password protection of the site;
(d) ongoing consultation.


Website hosting fees


(e) Streetlight shall charge Growth $1
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