In this paper, three types of parameter update law which can be used in model reference adaptive control are suggested based on speed-gradient algorithm which was introduced by Fradkov. It is shown that the parameter update law which was proposed by Narendra is a special from of these laws and that proposed parameter update laws can insure the global stability under some conditions such as attainability and convexity. We also comment that the transfer function of reference model shoud be positive real for the realization of parameter update law.