Sample Business Contracts

Loan Agreement - Pacific Capital Markets Inc. and Inc.

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                             LOAN AGREEMENT
                              March 13, 2000

PACIFIC CAPITAL MARKETS INC., a British Columbia company of 1100 Melville
Street, 6th Floor, Vancouver, B.C., V6E4A6 (the "Lender"), will lend
US$1,000,000 (the "Principal Sum") to INTERNETSTUDIOS.COM,INC., a Nevada
company of 1040 Hamilton Street, Suite 207, Vancouver, B.C., V6B 2R9 (the
"Borrower") on March 12, 2000 ("Date of Advance"). The Borrower will repay
the Principal Sum on April 12, 2000, together with interest calculated and
compounded monthly at the rate of 12 per cent per year from the Date of
Advance. The Borrower will secure its repayment of the Principal Sum with a
promissory note.

The Borrower will use the Principal Sum to implement its business plan.

                              PROMISSORY NOTE

                                                      Made at Vancouver, B.C.
Pricipal Amount                US$1,000,000                    March 13, 2000

FOR VALUE RECEIVED, the Borrower promises to pay to the order of the Lender
on April 12, 2000, the sum of $1,000,000 lawful money of United States (the
"Principal Sum") together with interest on the Principal Sum from the Date of
Advance, both before and after maturity, default and judgment at the Interest
Rate as defined below.

For the purpose of this promissory note, Interest Rate means 12 per cent per
year. Interest at the Interest Rate must be calculated monthly not in advance
from and including the Date of Advance, compounded monthly and payable
together with the Principal Sum when the Principal Sum is repaid.

The Borrower may pay the Principal Sum in whole or in part at any time.

The Borrower waives presentment, protest, notice of protest and notice of
dishonour of this promissory note.


_______________________                         ___________________________
Authorized Signatory                            Authorized Signatory

________________________                         ___________________________
Authorized Signatory                             Authorized Signatory