Filed by Automated Filing Services Inc. (604) 609-0244 - The Electric Network.com, Inc. - Exhibit 10.15






 THIS OFFERING IS ONLY BEING MADE TO RESIDENTS OF ONTARIO,
  ALBERTA AND BRITISH COLUMBIA AS WELL AS PERSONS WHO RESIDE OUTSIDE OF THE UNITED
  STATES AND CANADA. THIS OFFERING IS NOT BEING MADE TO U.S. PERSONS (AS THAT
  TERM IS DEFINED IN REGULATION S). IN ADDITION, THIS OFFERING IS ONLY BEING MADE
  IN JURISDICTIONS WHERE THE SHARES MAY BE LAWFULLY OFFERED FOR SALE. NO OFFER
  IS MADE NOR WILL BE SUBSCRIPTIONS BE ACCEPTED FROM RESIDENTS OF ANY JURISDICTION
  WHERE THE OFFER AND SALE OF THE SHARES WILL CONTRAVENE APPLICABLE SECURITIES
  LAWS.  



_________________________ 




SUBSCRIPTION




_________________________ 



 THIS SUBSCRIPTION (the “Subscription”) has
  been executed by the undersigned in connection with the private placement of
  up to a maximum of 2,000,000 shares of Common Stock, par value $0.001 (hereinafter
  referred to as the “Common Stock”), of The Electric Network.com, Inc.,
  a corporation organized under the laws of the State of Nevada (hereinafter referred
  to as the “Issuer”). The Common Stock being subscribed for pursuant
  to this Subscription has not been registered under the United States Securities
  Act of 1933, as amended (the “1933 Act”) or the Applicable Securities
  Legislation. The offer of the Common Stock and, if this Subscription is accepted
  by the Issuer, the sale of Common Stock, is being made in reliance upon Rule
  903 of Regulation S promulgated under the 1933 Act. (All dollar amounts in this
  Subscription are expressed in U.S. Dollars) and accordingly is not being offered
  to US Persons (as defined in Regulation S). 


The undersigned Subscriber:


	 	NAME:	   
	 	 	 
	 	ADDRESS:	 
	 	 	 
	 	 	 


 if applicable, a [Corporate][Partnership][Trust] organized
  under the laws of _______________, (hereinafter referred to as the “Subscriber”)
  hereby subscribes for _______________________ shares of Common Stock (the “Shares”)
  at a purchase price of $0.25 per Share for a gross price (the “Subscription
  Price”) of $________________________ on and subject to the following terms
  and conditions. 


ARTICLE 1 DEFINITIONS 


	1.1 	In this Subscription, the
        following words have the following meanings:

	 	 	 
	 	(a)
	“Alberta Act” mean the Securities
        Act, R.S.A. 2000, c. S-4, as amended, and the regulations and rules
        made thereunder and all administrative policy statements, blanket orders,
        notices, directions and rulings issued by the Alberta Securities Commission;

	 	 	 
	 	(b)
	“Applicable Securities Legislation”
        means the Securities Legislation applicable to the Issuer;

	 	 	 
	 	(c)
	“BC Act” means the Securities
        Act, R.S.B.C. 1996, c. 418, and the regulations and rules made thereunder
        and all administrative policy statements, blanket orders, notices, directions
        and rulings issued by the British Columbia Securities Commission;

	 	 	 
	 	(d)
	“Commission” means the United
        States Securities and Exchange Commission;





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	 	(e)	“Ontario Act” means the Securities
        Act, R.S.O. 1990, c. S.5, and the regulations and rules made thereunder
        and all administrative policy statements, blanket orders, notices, directions
        and rulings issued by the Ontario Securities Commission; and

	 	 	 
	 	(f)	“Securities Legislation” means
        the Ontario Act, the Alberta Act and the BC Act.



 1.2            Any
  other terms defined within the text of this Subscription will have the meanings
  so ascribed to them 

 ARTICLE 2 

  SUBSCRIPTION 


Subscription 


 2.1            The
  undersigned Subscriber, as principal, hereby irrevocably subscribes to purchase
  the “Shares at a purchase price of $0.25 per Share, for the Subscription
  Price. 

 Method of Payment  

 2.2            The
  Subscriber shall pay the Subscription Price by delivering a cheque, money order
  or bank draft made payable to the Issuer and indicating the name of the Subscriber
  and, on or before December 31, 2003, the Issuer shall take up the Subscription
  Price and issue in the name of the Subscriber a certificate or certificates
  representing the Shares (the “Certificates”) pursuant to Article 6
  hereof (such date being hereinafter referred to as the “Closing Date”).
  The Subscriber acknowledges that the Issuer will retain the Certificates in
  its possession pending registration of the Shares pursuant to Article 5 hereof,
  provided however that the Issuer will deliver to the Subscriber the Certificates
  prior to such registration upon written request by the Subscriber. In the event
  that the Closing Date does not occur on or before December 31, 2003 the Issuer
  shall forthwith return the whole amount of the Subscription Price to the Subscriber
  without interest. The Subscriber acknowledges that the subscription for Shares
  hereunder may be rejected by the Issuer in its sole discretion, in whole or
  in part. 

 ARTICLE 3  

  REPRESENTATIONS AND WARRANTIES OF THE SUBSCRIBER 

Representations and Warranties  

 3.1            The
  Subscriber represents and warrants in all material respects to the Issuer, with
  the intent that the Issuer will rely thereon in accepting this Subscription,
  that: 

	 	(a)	The Subscriber. The
        Subscriber is one of the following (please initial and complete as
        required)

	 	 	 	 
	 	—	(i)
	a spouse, parent, grandparent, brother,
        sister or child of _______________, a director, senior officer or control
        person of the Issuer, or of an affiliate of the Issuer , a

	 	 	 	 
	 	—	(ii)
	a parent, grandparent, brother, sister
        or child of the spouse of _______________,a director, senior officer or
        control person of the Issuer or of an affiliate of the Issuer,

	 	 	 	 
	 	—	(iii)
	a close personal friend of _______________,
        a director, senior officer or control person of the Issuer, or of an affiliate
        of the Issuer, , a director, senior

	 	 	 	 
	 	—	(iv)
	a close business associate of _______________,
        a director, senior officer or control person of the Issuer, or of an affiliate
        of the Issuer,

	 	 	 	 
	 	—	(v)
	a founder of the Issuer or a spouse,
        parent, grandparent, brother, sister,





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	 	 	 	child, close personal friend or close
        business associate of _____________, a founder of the Issuer,

	 	 	 	 
	 	—	(vi)
	a parent, grandparent, brother, sister
        or child of the spouse of ________________, a founder of the Issuer,

	 	 	 	 
	 	—	(vii)
	a person or company of which a majority
        of the voting securities are beneficially owned by, or a majority of the
        directors are, persons or companies described in paragraphs (i) to (vi)
        (please indicate and complete applicable paragraph above), or 

	 	 	 
	 	—	(viii)
	 a trust or estate of which all of the
        beneficiaries or a majority of the trustees are persons or companies described
        in paragraphs (i) to (vi) (please indicate and complete applicable
        paragraph above).

	 	 	 
	 	(b)	Experience. The Subscriber
        is sufficiently experienced in financial and business matters to be capable
        of evaluating the merits and risks of its investments, and to make an
        informed decision relating thereto, and to protect its own interests in
        connection with the purchase of the Shares;

	 	 	 
	 	(c)	Own Account. The
        Subscriber is purchasing the Shares for its own account. The Subscriber
        is purchasing the Shares for investment purposes only and not with an
        intent or view towards further sale or thereof, and has not pre-arranged
        any sale with any other subscriber;

	 	 	 
	 	(d)	Not Underwriter.
        The Subscriber is not an underwriter, or dealer in, the Shares, and the
        Subscriber is not participating, pursuant to a contractual agreement,
        in a distribution of the Shares. The Subscriber has no present intention
        to sell or otherwise transfer the Shares except in accordance with Regulation
        S, pursuant to registration under the 1933 Act, or pursuant to an available
        exemption from registration under the 1933 Act, in each case in accordance
        with all securities legislation applicable to the Subscriber;

	 	 	 
	 	(e)	Exemption. The Subscriber
        understands that no prospectus is being provided to the Subscriber and
        that the offer and sale of the Shares is being made in reliance upon the
        “Private Issuer” and/or “Closely-held Issuer” exemptions
        provided by the Applicable Securities Legislation. Consequently, the Subscriber
        acknowledges that the Subscriber is restricted from using most remedies
        available under the Applicable Securities Legislation, and may not receive
        information otherwise required under the Applicable Securities Legislation.
        The Subscriber further understands that the offer and sale of the Shares
        is not being registered under the 1933 Act based on the exemption from
        registration provided by Rule 903 of Regulation S promulgated under the
        1933 Act and that the Issuer is relying on such exemption;

	 	 	 
	 	(f)	Not US Person. The
        Subscriber is not, and at Closing will not be, a US person as that term
        is defined in Rule 902 of Regulation S promulgated under the 1933 Act.
        The Subscriber is normally resident at the address indicated on the first
        page of this Subscription;

	 	 	 
	 	(g)	Importance of Representations.
        The Subscriber understands that the Shares are being offered and sold
        to it in reliance on an exemption from the registration requirements of
        the 1933 Act and the Applicable Securities Legislation, and that the Issuer
        is relying upon the truth and accuracy of the representations, warranties,
        agreements, acknowledgments and understandings of the Subscriber set forth
        herein in order to determine the applicability of such exemptions and
        the suitability of the Subscriber to acquire the Shares;

	 	 	 
	 	(h)	No Registration in the
        United States. The Shares have not been registered under the 1933
        Act and may not be transferred, sold, assigned, hypothecated or otherwise
        disposed of in the United States unless such transaction is the subject





	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 3







 

	 	 	of a registration statement
        filed with and declared effective by the Commission or unless an exemption
        from the registration requirements under the 1933 Act, such as Rule 144,
        is available. The Subscriber represents and warrants and hereby agrees
        that all offers and sales of the Shares in the United States shall be
        made only pursuant to such registration or to an exemption from such registration;

	 	 	 	 
	 	(i)
	Resale Restrictions.
        The Subscriber acknowledges and agrees that the Shares may not be sold
        in the jurisdiction in which the Subscriber resides unless the requirements
        of the securities legislation applicable to the Subscriber have been met.
        The Subscriber represents and warrants and hereby agrees that all offers
        and sales of the Shares in Ontario, Alberta or British Columbia shall
        be made only pursuant to a receipted prospectus under the Applicable Securities
        Legislation or under an exemption from the prospectus requirement of the
        Applicable Securities Legislation;

	 	 	 	 
	 	(j)
	Hedging Transactions.
        The Subscriber acknowledges and agrees that all offers and sales of the
        Shares, as applicable, by the Subscriber shall be made only in accordance
        with the provisions of Regulation S; pursuant to registration of the securities
        under the 1933 Act; or pursuant to an available exemption from the registration
        requirements of the 1933 Act. The Subscriber acknowledges and agrees that
        it cannot engage in hedging transactions with regard to the Shares prior
        to the expiration of the one-year distribution compliance period specified
        in paragraph (b)(3) in Rule 903 promulgated under the 1933 Act unless
        in compliance with the 1933 Act;

	 	 	 	 
	 	(k)
	Risk. The Subscriber
        acknowledges that the purchase of the Shares involves a high degree of
        risk, is aware of the risks and further acknowledges that it can bear
        the economic risk of the Shares, including the total loss of its investment;

	 	 	 	 
	 	(l)
	Review of Filings.
        The Subscriber has had the opportunity to review the Issuer’s filings
        with the Commission (the “Filings”) which may be viewed on the
        Commission’s website. www.sec.gov;

	 	 	 	 
	 	(m)
	Independent Review.
        The Subscriber, in making the decision to purchase the Shares subscribed
        for, has, together with the Subscriber’s representatives or advisors,
        if any, reviewed the Filings and the Subscriber and such representatives,
        if any, have prior to any sale to it, been given access and the opportunity
        to ask questions of, and to receive answers from, the Issuer or any person
        acting on its behalf concerning the terms and conditions of this offering.
        The Subscriber and its advisors, if any, have received complete and satisfactory
        answers to any such inquiries;

	 	 	 	 
	 	(n)
	No Written or Oral Representations.
        No person has made to the Subscriber any written or oral representations
      

	 	 	 	 
	 	 	(i) 
	that any person will resell or repurchase
        the Shares, 

	 	 	 	 
	 	 	(ii) 
	that any person will refund the purchase
        price of the Shares, 

	 	 	 	 
	 	 	(iii) 
	as to the future price or value of the
        Shares, or 

	 	 	 	 
	 	 	(iv) 
	that the Shares will be listed and posted
        for trading on a stock exchange or that application has been made to list
        and post the Shares for trading on a stock exchange;

	 	 	 	 
	 	(o)
	No Recommendation or
        Endorsement. The Subscriber understands that no federal, state or
        provincial agency has passed on or made any recommendation or endorsement
        of the Shares;





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	 	(p)	Partnership, Corporation
        or Trust. If the Subscriber is a partnership, corporation or trust,
        the person executing this Subscription on its behalf represents and warrants
        that

	 	 	 	 
	 	 	(i)
	he or she has made due inquiry to determine
        the truthfulness of the representations and warranties made pursuant to
        this Subscription, and

	 	 	 	 
	 	 	(ii)
	he or she is duly authorized (and if
        the undersigned is a trust, by the trust agreement) to make this investment
        and to enter into and execute this Subscription on behalf of such entity;

	 	 	 
	 	(q)	Non-Affiliate Status.
        The Subscriber is not an affiliate of the Issuer nor is any affiliate
        of the Subscriber an affiliate of the Issuer; and

	 	 	 
	 	(r)	No Advertisement or General
        Solicitation. The sale of the Shares has not been advertised through
        any article, notice or other communication published in any newspaper,
        magazine, or similar media or broadcast over television or radio; or through
        any seminar or meeting whose attendees have been invited by any general
        solicitation or general advertising.



 Non-Merger and Survival  

 3.2            The
  representations and warranties of the Subscriber contained herein will be true
  at the date of execution of this Subscription by the Subscriber and as of the
  Closing Date in all material respects as though such representations and warranties
  were made as of such times and shall survive the Closing Date and the delivery
  of the Certificates. 

 Indemnity  

 3.3            The
  Subscriber agrees to indemnify and save harmless the Issuer from and against
  any and all claims, demands, actions, suits, proceedings, assessments, judgments,
  damages, costs, losses and expenses, including any payment made in good faith
  in settlement of any claim (subject to the right of the Subscriber to defend
  any such claim), resulting from the breach of any representation or warranty
  of such party under this Subscription. 

 ARTICLE 4  

  REPRESENTATIONS AND WARRANTIES OF THE ISSUER 

 4.1            The
  Issuer, upon taking up and accepting this Subscription, represents and warrants
  in all material respects to the Subscriber, with the intent that the Subscriber
  will rely thereon in making this Subscription, that: 

	 	(a)	Legality. The Issuer has the
        requisite corporate power and authority to enter into this Subscription
        and to issue, sell and deliver the Shares; this Subscription and the issuance,
        sale and delivery of the Shares hereunder and the transactions contemplated
        hereby have been duly and validly authorized by all necessary corporate
        action by the Issuer; this Subscription and the Shares have been duly
        and validly executed and delivered by and on behalf of the Issuer, and
        are valid and binding agreements of the Issuer, enforceable in accordance
        with their respective terms, except as enforceability may be limited by
        general equitable principles, bankruptcy, insolvency, fraudulent conveyance,
        reorganization, moratorium, or other laws affecting creditors’ rights
        generally;

	 	 	 
	 	(b)	Proper Organization. The Issuer
        is a corporation duly organized, validly existing and in good standing
        under the laws of its jurisdiction of incorporation and is duly





	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 5







 

	 	 	qualified as a foreign corporation in
        all jurisdictions where the failure to be so qualified would have a materially
        adverse effect on its business, taken as whole;

	 	 	 
	 	(c)	No Legal Proceedings. There is
        no action, suit or proceeding before or by any court or any governmental
        agency or body, domestic or foreign, now pending or to the knowledge of
        the Issuer, threatened, against or affecting the Issuer, or any of its
        properties or assets, which might result in any material adverse change
        in the condition (financial or otherwise) or in the earnings, business
        affairs of business prospects of the Issuer, or which might materially
        and adversely affect the properties or assets thereof;

	 	 	 
	 	(d)	Non-Default. The Issuer is not
        in default in the performance or observance of any material obligation,
        agreement, covenant or condition contained in any indenture, mortgage,
        deed of trust or other material instrument or agreement to which it is
        a party or by which it or its property may be bound;

	 	 	 
	 	(e)	No Adverse Change. There has
        been no material adverse change in the financial condition, earnings,
        or business prospects of the Issuer;

	 	 	 
	 	(f)	Absence of Non-Disclosed Facts.
        There is no fact known to the Issuer (other than general economic conditions
        known to the public generally) that has not been disclosed in the Filings
        that (i) could reasonably be expected to have a material adverse effect
        on the condition (financial or otherwise) or in the earnings, business
        affairs, business prospects, properties or assets of the Issuer; or (ii)
        could reasonably be expected to materially and adversely affect the ability
        of the Issuer to perform its obligations pursuant to this Subscription;
        and

	 	 	 
	 	(g)	Non-Contravention. The execution
        and delivery of this Subscription and the consummation of the issuance
        of the Shares and the transactions contemplated by this Agreement do not
        and will not conflict with or result in a breach by the Issuer of any
        of the terms or provisions of, or constitute a default under, the Articles
        of Incorporation or By-laws of the Issuer, or any indenture, mortgage,
        deed of trust, or other material agreement or instrument to which the
        Issuer is a party or by which it or any of its properties or assets are
        bound, or any existing applicable decrees, judgment or order of any court,
        federal, state or provincial regulatory body, administrative agency or
        other domestic governmental body having jurisdiction over the Issuer or
        any of its properties or assets.



 Non-Merger and Survival  

 4.2            The
  representations and warranties of the Issuer contained herein will be true at
  the date of execution of this Subscription by the Issuer and as of the Closing
  Date in all material respects as though such representations and warranties
  were made as of such times and shall survive the Closing Date and the delivery
  of the Certificates. 

 Indemnity  

 4.3            The
  Issuer agrees to indemnify and save harmless the Subscriber from and against
  any and all claims, demands, actions, suits, proceedings, assessments, judgments,
  damages, costs, losses and expenses, including any payment made in good faith
  in settlement of any claim (subject to the right of the Issuer to defend any
  such claim), resulting from the breach of any representation, warranty or covenant
  of such party under this Subscription. 

	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 6








 ARTICLE 5 

  REGISTRATION RIGHTS  

 Registration Statement  

 5.1            
  As soon as practicable but no later than ninety (90) days after the Closing
  Date, the Issuer shall file a registration statement on Form SB-2 (or similar
  form) under the 1933 Act and under all applicable Blue Sky laws covering the
  Shares and shall use its best efforts to cause such registration statement to
  be declared effective by the Commission at the earliest practicable date, all
  at the Issuer’s sole cost and expense. Such best efforts shall include
  promptly responding to all comments received by the staff of the Commission,
  and promptly preparing and filing amendments to such registration statement
  which are responsive to the comments received from the staff of the Commission,
  and in no event later than twenty-one (21) days from receipt by the Issuer of
  the comments of the staff of the Commission. Such registration statement shall
  name the Subscriber as a selling shareholder and shall provide for the sale
  of the Shares by the Subscriber from time to time directly to purchasers or
  in the over-the-counter market or through or to securities brokers or dealers
  that may receive compensation in the form of discounts, concessions, or commissions.
  The Issuer shall provide the Subscriber with such number of copies of the prospectus
  as shall be reasonably requested to facilitate the sale of the Shares. None
  of the foregoing shall in any way limit the Subscriber’s rights to sell
  the Shares in reliance on an exemption from the registration requirements under
  the 1933 Act in connection with a particular transaction. 

 Currency of Registration Statement  

 5.2            The
  Issuer shall use its best efforts to maintain the currency of the registration
  statement filed with the Commission and under all applicable Blue Sky laws in
  respect of the Shares for 12 months from the Closing Date. 

 Indemnification of Subscriber by Issuer  

 5.3            To
  the extent permitted by law, the Issuer will indemnify the Subscriber, within
  the meaning of Section 15 of the 1933 Act, with respect to which registration,
  qualification or compliance has been effected pursuant to this Subscription,
  and each underwriter, if any, and each person who controls any underwriter within
  the meaning of Section 15 of the 1933 Act, against all expenses, claims, losses,
  damages or liabilities (or actions in respect thereof), including any of the
  foregoing incurred in settlement of any litigation, commenced or treated, to
  the extent such expenses, claims, losses, damages or liabilities arise out of
  or are based on any untrue statement (or alleged untrue statement) of a material
  fact contained in any registration statement, prospectus, offering circular
  or other document, or any amendment or supplement thereto, incident to any such
  registration, qualification or compliance, or based on any omission (or alleged
  omission) to state therein a material fact required to be stated therein or
  necessary to make the statements therein, in light of the circumstances in which
  they were made, not misleading, or any violation by the Issuer of the 1933 Act
  or any rule or regulation promulgated under the 1933 Act applicable to the Issuer
  in connection with any such registration, qualification or compliance, and the
  Issuer will reimburse the Subscriber, each of its officers and directors and
  partners, and each person controlling the Subscriber, each such underwriter
  and each person who controls any such underwriter, for any legal and any other
  expense reasonably incurred in connection with investigation, preparing or defending
  any such claim, loss, damage, liability or action, provided, however, that the
  indemnity contained herein shall not apply to amounts paid in settlement of
  any claim, loss, damage, liability or expense if settlement is effected without
  the consent of the Issuer (which consent shall not unreasonably be withheld);
  provided, further, that the Issuer will not be liable in any such case to the
  extent that any such claim, loss, damage, liability or expense arises out of
  or is based on any untrue statement or omission or alleged untrue statement
  or omission, made in reliance upon and in conformity with written information
  furnished to the Issuer by the Subscriber, such controlling person or such underwriter
  specifically for use therein. Notwithstanding the foregoing, insofar as the
  foregoing indemnity relates to any such untrue statement (or alleged untrue
  statement) or omission (or 

	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 7










 alleged omission) made in the preliminary prospectus but eliminated
  or remedied in the amended prospectus on file with the Commission at the time
  the registration statement becomes effective or in the final prospectus filed
  with the Commission pursuant to Rule 424(b) of the Commission, the indemnity
  agreement herein shall not inure to the benefit of any underwriter or (if there
  is no underwriter) the Subscriber if a copy of the final prospectus file pursuant
  to Rule 424(b) was not furnished to the person or entity asserting the loss,
  liability, claim or damage at or prior to the time such furnishing is required
  by the 1933 Act. 

 Indemnification of Issuer by Subscriber  

 5.4            To
  the extent permitted by law, the Subscriber will, if registrable Shares owned
  by the Subscriber are included in the securities as to which such registration,
  qualification or compliance is being effected, indemnify the Issuer, each of
  its directors and officers, affiliates, counsel, advisors, employees and, each
  underwriter, if any, of the Issuer's securities covered by such a registration
  statement, each person who controls the Issuer or such underwriter within the
  meaning of Section 15 of the 1933 Act, and each other person selling the Issuer's
  securities covered by such registration statement, each of such person's officers
  and directors and each person controlling such persons within the meaning of
  Section 15 of the 1933 Act, against all claims, losses, damages and liabilities
  (or actions in respect thereof), including attorneys fees and costs, arising
  out of or based on any untrue statement (or alleged untrue statement) of a material
  fact contained in any such registration statement, prospect, offering circular
  or other document, or any omission (or alleged omission) to state therein or
  necessary to make the statements therein not misleading or any violation by
  the Subscriber of any rule or regulation promulgated under the 1933 Act applicable
  to the Subscriber and relating to action or inaction required of the Subscriber
  in connection with any such registration, qualification or compliance, and will
  reimburse the Issuer, such other person, such directors, officers, persons,
  underwriters or control persons for any legal or other expenses reasonably incurred
  in connection with investigating or defending any such claim, loss, damage,
  liability or action; provided, however, that the indemnity contained herein
  shall not apply to amounts paid in settlement of any claim, loss, damage, liability
  or expense if settlement is effected without the consent of the Subscriber (which
  consent shall not be unreasonably withheld). Notwithstanding the foregoing,
  the liability of the Subscriber under this subsection (b) shall be limited in
  an amount equal to the net proceeds from the sale of the shares sold by the
  Subscriber, unless such liability arises out of or is based on wilful conduct
  by the Subscriber. 


Legend 


 5.5            At
  the Closing Date, the Issuer will deliver the certificates representing the
  Shares to the Subscriber (unless the Subscriber otherwise instructs the Issuer
  in writing). The Certificate representing the Shares delivered pursuant to this
  Subscription will bear a legend in substantially the following form, unless
  such Shares have been registered under the 1933 Act: 


   THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT
    BEEN REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “U.S.
    SECURITIES ACT”) OR OTHER APPLICABLE SECURITIES LAWS. THESE SECURITIES
    HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION OR RESALE
    AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT (1)
    IN ACCORDANCE WITH THE PROVISIONS OF REGULATIONS S, RULE 901 THROUGH RULE
    905, AND PRELIMINARY NOTES UNDER THE U.S. SECURITIES ACT OR (2) PURSUANT TO
    AN AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE U.S. SECURITIES
    ACT OR (3) PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT. HEDGING TRANSACTIONS
    INVOLVING THESE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH
    THE U.S. SECURITIES ACT.  



	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 8










 Removal of Legend  

 5.6            After
  the registration statement, referenced in Section 5.1 is declared effective
  by the Commission, the Subscriber may deliver to the Issuer the certificate
  representing the Shares issued to the Subscriber and the Issuer will, within
  three days after receipt by the Issuer of the foregoing, issue a new certificate
  representing and in exchange for the aforementioned certificate, which new certificate
  shall be legended as follows: 


   THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE BEEN
    REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. THE SECURITIES MAY
    BE SOLD PURSUANT TO THE REGISTRATION STATEMENT PROVIDED THAT (I) THE REGISTRATION
    STATEMENT IS CURRENT AND EFFECTIVE, (II) THE HOLDER COMPLIES WITH THE PROSPECTUS
    DELIVERY REQUIREMENTS UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND (III)
    THE SALE IS IN COMPLIANCE WITH THE PLAN OF DISTRIBUTION SET FORTH IN THE PROSPECTUS.
    THE TRANSFER OF SUCH SECURITIES IS RESTRICTED AS SET FORTH IN A SUBSCRIPTION
    AGREEMENT BETWEEN THE ISSUER AND THE HOLDER, A COPY OF WHICH MAY BE OBTAINED
    FROM THE ISSUER.  



 ARTICLE 6 

  CLOSING  

            Closing
  shall be effected through the execution of this Subscription by the Issuer,
  the Issuer taking up the Subscription Price, and, subject to the Subscriber’s
  right to request delivery of the Certificate(s) to the Subscriber pursuant to
  section 2.2 hereof, the delivery of a copy of the Certificate(s) evidencing
  the Shares to the Subscriber (or the Subscriber’s Representative), together
  with a duly executed copy of this Subscription. 

 ARTICLE 7

  GENERAL PROVISIONS 


Governing Law 


 7.1            This
  Subscription shall be governed by and construed under the law of the Province
  of British Columbia without regard to its choice of law provision. Any disputes
  arising out of, in connection with, or with respect to this Subscription, the
  subject matter hereof, the performance or non-performance of any obligation
  hereunder, or any of the transactions contemplated hereby shall be adjudicated
  in a Court of competent civil jurisdiction sitting in the City of Vancouver,
  British Columbia and nowhere else. 

 Successors and Assigns  

 7.2            This
  Subscription shall inure to the benefit of and be binding on the respective
  successors and assigns of the parties hereto. 

 Execution by Counterparts and Facsimile  

 7.3            This
  Subscription may be executed in counterparts and by facsimile, each of which
  when executed by any party will be deemed to be an original and all of which
  counterparts will together constitute one and the same Subscription. 

	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 9











SIGNATURE PAGE FOR INDIVIDUAL SUBSCRIBER 


 IN WITNESS WHEREOF, the undersigned represents that
  the foregoing statements are true and that he or she has executed this Subscription
  on this __________day of _________________________, 2003. 

	 	 	 
	Printed Name	 	Signature
	 	 	 
	 	 	 
	 	 	 
	Printed Name	 	Signature
	 	 	 
	 	 	 
	Agreed to this _____ day of ____________ , 2003: 	 	 
	 	 	 
	 	 	 
	THE ELECTRIC NETWORK.COM, INC. 	 	 
	 	 	 
	 	 	 
	Stephen G. Hanson, President	 	 




	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 10











SIGNATURE PAGE FOR ENTITIES


 IN WITNESS WHEREOF, the undersigned represents that
  the foregoing statements are true and that it caused this Subscription to be
  duly executed on its behalf on this ____________day of________________________
  , 2003. 

	 	 	 
	Printed Name	 	Signature
	 	 	 
	 	 	 
	Printed Title	 	 
	 	 	 
	 	 	 
	Agreed to this _____ day of ____________ , 2003: 	 	 
	 	 	 
	THE ELECTRIC NETWORK.COM, INC. 	 	 
	 	 	 
	 	 	 
	Stephen G. Hanson, President 	 	 




	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 11











Full Name and Residential Address of Subscriber: 


	NAME:	 	 	 
	 	 	 	 
	ADDRESS:	 	 	 
	 	 	 	 
	 	 	 	 




	TEL. NO.:	 	 	 
	 	 	 	 
	FAX NO.:	 	 	 
	 	 	 	 
	E-MAIL ADDRESS:	 	 	 
	 	 	 	 
	CONTACT NAME:	 	 	 


 Full Name and Address of Subscriber for Registration Purposes (if different
  from above):  

	NAME:	 	 	 
	 	 	 	 
	ADDRESS:	 	 	 
	 	 	 	 
	 	 	 	 




	Delivery Instructions (if different from Registration Name):	 
	 	 
	NAME:	 	 	 
	 	 	 	 
	ADDRESS:	 	 	 
	 	 	 	 
	 	 	 	 




	TEL. NO.:	 	 	 
	 	 	 	 
	FAX NO.:	 	 	 
	 	 	 	 
	CONTACT NAME:	 	 	 
	 	 	 	 
	SPECIAL INSTRUCTIONS:	 	 	 




	SUBSCRIPTION – THE ELECTRIC NETWORK.COM, INC.	PAGE 12