<PAGE>   1
                                                                    EXHIBIT 4.2


[LAURENTIAN BANK OF CANADA LOGO]  

                                                                   CONFIDENTIAL


March 10, 1998

Striker Paper Canada, Inc.
c/o Striker Industries, Inc.
One Riverway, Suite 1250
Houston, Texas  77056

Fax No. 1-713-622-9410

Dear Sirs:

RE: OFFER OF FINANCE - COMMERCIAL BANKING

Laurentian Bank of Canada ("Laurentian") is pleased to offer the following
credit facilities (the "Credit Facilities") subject to the following terms and
conditions.

1. BORROWER:

Stiker Paper Canada, Inc.

2. CREDIT FACILITIES:

<TABLE>
<CAPTION>

LOAN                  TYPE                    AMOUNT
----                  ----                    ------
<S>                <C>                      <C>     
1                  Term Loan #1             $308,333
2                  Term Loan #2             $616,667

</TABLE>

3. PROGRAM

Purpose To reinstate existing facilities outstanding.

Source                     Laurentian                Loan #1           $308,333
                                                     Loan #2           $616,667


LAURENTIAN BANK OF CANADA   
COMMERCIAL BANKING

                                                                               1


<PAGE>   2

Changes to the program may only be made with our prior written approval.


4. TERM:

4.1               The outstanding balance of (each of the) Term Loan will be due
                  and payable on the date set opposite ("the Maturity Date"), 
                  as follows:

<TABLE>
<CAPTION>

                  Loan #                                      Maturity Date
                  ------                                      -------------
<S>                                                         <C>    
                     1                                        April 1, 2001
                     2                                        April 1, 2001

</TABLE>

5. INTEREST RATE AND FEES:

5.1               Interest on each Loan at the applicable Loan Rate (hereinafter
                  provided) shall be calculated monthly on the daily closing 
                  balance and shall be payable on such day of each month 
                  determined by Laurentian, commencing in the month following 
                  initial  disbursement of the Loan.

5.2               Loan # 1 :

                  The Loan Rate will be a variable annual rate (the "Variable
                  Rate") which is from time to time 3% above Laurentian's Prime
                  Lending Rate.

                  Loan #2 :

                  The Loan Rate will be a variable annual rate (the "Variable
                  Rate") which is from time to time 0.5% above Laurentian's
                  Prime Lending Rate.

         FIXED RATE OPTION:

                  Upon 30 days prior written notice, the Borrower may elect that
                  the Loan Rate for Term Loan #1 be a fixed annual interest rate
                  for a period between 2 to 5 years to be selected by the
                  Borrower (the "Fixed Rate Period"), provided the period chosen
                  must terminate on or before the Maturity Date of the Loan. The
                  rate of interest shall be 4.25% above the particular Cost of
                  Funds Rate in effect on the date the rate is fixed which is
                  quoted with reference to the shortest period in full years
                  which is equal to or greater than the Fixed Rate Period.

                  The Loan Rate will be a variable annual rate (the "Variable
                  Rate") which is from time to time 3% above Laurentian's Prime
                  Lending Rate following the expiry of any fixed Rate Period and
                  prior to any new Fixed Rate Period.


LAURENTIAN BANK OF CANADA                                                     2
COMMERCIAL BANKING

<PAGE>   3

5.3               The current monthly Cost of Funds Rates are as follows for 
                  each period:

<TABLE>
<CAPTION>

                  Period                                               COF %
                  ------                                               -----
<S>                                                                 <C> 
                  2 years                                              5.31
                  3 years                                              5.41

</TABLE>


6. REPAYMENT AND AMORTIZATION:

6.1               Loans # 1 and #2 shall be amortized and repaid in 37 mths on 
                  the first of each month commencing April 1, in equal 
                  consecutive monthly payments of principal, plus interest as
                  aforesaid and any remaining balance shall be paid on the 
                  Maturity Date.

<TABLE>
<CAPTION>

Loan #            Monthly Principal Installment
------            -----------------------------
<S>            <C>      
    1             $8,333.33
    2             $16,666.67

</TABLE>

7. PRE-AUTHORIZED DEBIT:

The Borrower authorizes Laurentian to prepare monthly debits, by electronic
entry, in amounts sufficient to cover all amounts payable under the Credit
Facilities and the Borrower authorizes and instructs the bank which operates the
Borrower's current account to honour those debits. However, the Borrower agrees
to pay by cheque if requested by Laurentian. Please attach the Borrower's cheque
marked "VOID" to this Offer and complete the attached Pre-Authorized Payment
Plan Application (Schedule E). The Borrower also agrees to renew this
authorization if the Borrower changes its bank, branch or account.

8. PREPAYMENT:

8.1               If no Event of Default has occurred and is continuing, the  
                  Borrower may prepay the principal amount of any Loan either 
                  in whole or once per annum in part, on not less than 30 days
                  prior written notice with payment of the following premium:

                  (a)during any Fixed Rate Period, the greater of:

                  (i) an amount equal to four month's interest on such principal
                  amount at the Loan Rate then in effect; and

                  (ii) the present value (calculated using the Loan Rate) of a
                  series of equal consecutive monthly amounts commencing on the
                  next regular payment date after the date of prepayment and
                  continuing until the expiry of the Fixed Rate Period, each
                  such monthly amount being the product of:

                  A. the number of percentage points, if any, by which the Loan
                  Rate exceeds the Government of Canada Bond yield per annum for
                  a term closest to the number of 


LAURENTIAN BANK OF CANADA                                                      3
COMMERCIAL BANKING

<PAGE>   4


                  days from the date prepayment until the expiry date of the 
                  Fixed Rate Period, divided by 12; and,

                  B. the amount of the principal prepaid;

                  (b)  at any other time, an amount equal to the greater of:

                  (i)  3% of such principal amount; or,

                  (ii) four months interest on such principal amount at the Loan
                  Rate in effect on the date fixed for prepayment.

8.2               Upon any prepayment, the Borrower shall pay the accrued and 
                  unpaid interest on such principal amount to the date fixed 
                  for prepayment.  Any partial prepayment of a Loan shall be 
                  credited to the principal instalments falling due in reverse 
                  order of maturity.


9. SECURITY:

                  All existing security is to remain in place with the 
                  exception of the following;

                  A priority agreement with Credit Union Central of Ontario and
                  So-Use Credit Union Limited postponing Laurentian Bank's
                  charge on accounts receivable and inventory only to a maximum
                  first charge of $800,000.

10. COVENANTS:

The Borrower covenants that:

10.1              Working Capital will be maintained at not less than $250,000 
                  from January 1, 1999.

10.2              Current Ratio will be maintained at not less than the ratios
                  set out below during the time periods indicated:

<TABLE>
<CAPTION>

                  Ratio                              Period (start and end dates inclusive)
                  -----                              --------------------------------------
<S>                                        <C> 
                  0.4 to 1                  from the closing of the First Ontario Fund financing to 
                                            April 30, 1998
                  .75 to 1                  from May 1, 1998 to September 30, 1998
                  1 to 1                    from October 1, 1998 to December 31, 1998
                  1.25 to 1                 from January 1, 1999 and continuing thereafter.

</TABLE>

10.3              Tangible Net Worth will not reduce below $11,500,000.


LAURENTIAN BANK OF CANADA                                                      4
COMMERCIAL BANKING

<PAGE>   5


10.4              The ratio of Financial Indebtedness to Tangible Net Worth 
                  will not exceed 0.5 to 1.

10.5              Beginning August 1, 1998, annualized quarterly Cash Flow will
                  not be permitted during any period to fall below 1.1
                  (increasing to 1.3 times on June 30, 1999) times the sum of:

                  The Debt Service (plus dividends) for the financial year in
                  which such period occurs.

10.6              The Borrower will not, without our prior approval:

                  (a) incur capital expenditures in excess of $300,000 in any
                  financial year (net of long term debt incurred for such year),
                  except for production and building improvements funded with
                  equity;

                  (b) enter into any Financial Indebtedness (in excess of
                  $300,000 in any financial year);

                  (c) make loans to or investments in, or give guarantees on
                  behalf of others;

                  (d) permit voting control to change;

                  (e) purchase or redeem any shares;

                  (f) pay any dividends;

                  (g) allow aggregate shareholder remuneration including salary,
                  dividends, bonuses, etc. (net of any amounts reinvested in the
                  Borrower in share capital or effectively postponed in favour
                  of Laurentian) to exceed $350,000 in any fiscal year;

                  (h)  enter into any Restricted Lease;

                  (i)   dispose of the assets over which the Lender has charge;

                  (j)   grant any charges on the assets;

                  (k) the Borrower will not incur any other indebtedness with
                  the exception of payroll and other normal operating expenses;

                  (l) amend any material contracts, specifically including the
                  approval of any change in the management contracts for plant
                  operations;


LAURENTIAN BANK OF CANADA                                                      5
COMMERCIAL BANKING

<PAGE>   6


                  (m) permit any change in the nature of the business or purpose
                  for which the assets are used;

                  (n) pay any dividends or make any form of withdrawal that
                  would cause an event of default.

10.7              An event of default with First Ontario Labour Sponsored 
                  Investment Fund Ltd. or with So-Use (CUCO) (operating lender)
                  will constitute an event of default with Laurentian Bank of 
                  Canada.

11. CONDITIONS PRECEDENT:

11.1              This Offer of Finance is available subject to the completion 
                  of the Borrower's financing arrangements with First Ontario 
                  Fund (FOF) as outlined in FOF's Financing Proposal dated
                  October 20, 1997.

11.2              This Offer of Finance is available subject to the completion
                  of the Borrower's financing arrangements with Credit Union 
                  Central of Ontario Limited ("CUCO") and So-Use Credit Union
                  Limited ("SUCO") as outlined in CUCO and SUCO's letter re: 
                  Credit Facility dated December 23, 1997.

11.3              The Borrower is to provide Laurentian with satisfactory
                  payment arrangements in writing for any payable with prior
                  claim to Laurentian including but not limited to; Consumers
                  Gas, Thorold Hydro Electric, City of Thorold (for property
                  taxes) and Workers Compensation Board.

11.4              The Borrower shall maintain a deposit account with the branch
                  of Laurentian issuing this Offer of Credit. All funds advanced
                  from First Ontario Fund for capital expenditures are to be
                  deposited to this account and dispersed for specific capital
                  and working capital requirements only.

11.5              The Borrower shall pay to Laurentian Bank adequate funds to 
                  prepay all principal and interest requirements under Term  
                  Loans #1 and #2 up to and including July 1, 1998, this amount
                  is estimated to be $123,000 subject to interest rate 
                  adjustments on July 1, 1998.

12. REPORTS:

All existing reporting requirements are to remain in place, except that no
separate audit will be required for the Borrower for the year ended December 31,
1997.

13. CANCELLATION:

This Offer of Finance, when accepted, will be a binding contract.


LAURENTIAN BANK OF CANADA                                                      6
COMMERCIAL BANKING

<PAGE>   7


14. REVIEW:

14.1              The terms and conditions applicable to the credit facilities
                  provided herein are subject to periodic review by Laurentian 
                  at least annually.  Laurentian reserves the right to withdraw
                  therefrom at any time if in the opinion of Laurentian there 
                  should be:

                  (a) a material adverse change in the financial condition of 
                  the Borrower;

                  (b) legal implications detrimental to the affairs of the 
                  Borrower; or

                  (c) an unacceptable change in ownership.

14.2              The financial results of the Borrower are subject to periodic
                  review by Laurentian at least annually.

14.3              The next annual review shall be completed by April 30, 1998.


15. DEFAULT:

Without prejudice to the right of Laurentian to make demand for payment at any
time of any Credit Facility payable on demand, if any Event of Default occurs
under any Loan Document: (a) the obligation of Laurentian to make further
advances under the Credit Facilities shall immediately terminate, (b) all
principal and interest under the Credit Facilities shall at the option of
Laurentian become immediately due and payable, and (c) all security held by
Laurentian shall at the option of Laurentian become immediately enforceable
including any funds on deposit with Laurentian.


16. EXPENSES:

The Borrower shall pay all legal and other professional fees and disbursements
incurred by Laurentian and the Borrower in respect of the Credit Facilities, the
preparation and issue of this Offer of Finance and the other Loan Documents, the
administration of the Credit Facilities, the enforcement and preservation of
Laurentian's rights and remedies, all appraisals, insurance consultation and
similar fees and all other fees and disbursements of Laurentian.

17. GUARANTORS:

By accepting this Offer, the Guarantor approves hereof and undertakes to do such
acts and things and to execute such instruments as are specified herein on the
part of such Guarantor.


LAURENTIAN BANK OF CANADA                                                      7
COMMERCIAL BANKING



<PAGE>   8


18. GENERAL:

18.1              The Borrower represents and warrants that all information  
                  (financial or otherwise) provided to Laurentian by the 
                  Borrower is true, complete and correct.

18.2              All financial or accounting determinations, reports and
                  statements provided for in this Offer of Finance shall be made
                  or prepared in accordance with generally accepted accounting
                  principles applied in a consistent manner and shall, except
                  where otherwise expressly provided, be made and prepared on a
                  consolidated basis.

18.3              Laurentian's standard forms of Loan Documents contain  
                  covenants, representations, warranties and events of default 
                  to which the Borrower shall be bound, in addition to any 
                  covenants, representations, warranties and events of default 
                  herein contained.

18.4              Terms used herein are defined in Schedule "C".  Additional 
                  provisions of this Offer of Finance are contained in 
                  Schedule "D".

18.5              This Offer of Finance supplements and amends the following
                  Offer of Finance: dated May 16, 1995 issued by North American
                  Trust Company.

18.6              The borrower agrees to have the Thorold Plant fully 
                  operational by May 23, 1998

19. OTHER FEES:

19.1              A loan amendment fee of $7,500 is fully earned and payable at
                  the time of acceptance hereof.

20. ACCEPTANCE:

This Offer expires if not accepted by the Borrower and the Guarantors by 
5:00 p.m. on the 13th day of March, 1998.

If this Offer is acceptable, please indicate your acceptance by returning to us
the enclosed copy of this letter signed by the Borrower and the Guarantor(s),
together with the amendment fee of $ 7,500, the Pre-Authorized Payment Plan
Application and a blank cheque marked "VOID".

Yours Truly,




---------------------------                            ------------------------
Lori Kafato                                            Morris Greenberg
Manager, Commercial Banking                            Assistant Vice President

ACCEPTED THIS       DAY OF         , 199   .
              -----        -------      --



LAURENTIAN BANK OF CANADA                                                      8
COMMERCIAL BANKING

<PAGE>   9


STRIKER PAPER CANADA, INC.                           STRIKER INDUSTRIES, INC. 
                                                     (AS GUARANTOR)

Per:                                                 Per: 
     -----------------------                              ---------------------
Name:                                                Name: 
      ----------------------                               --------------------
Title:                                               Title: 
       ---------------------                                -------------------

ONTARIO DEVELOPMENT CORPORATION (AS GUARANTOR)

Per: 
     -----------------------
Name: 
      ----------------------
Title: 
       ---------------------



LAURENTIAN BANK OF CANADA                                                      9
COMMERCIAL BANKING


<PAGE>   10



                                  SCHEDULE "C"


                                   DEFINITIONS


1.       "ANNUALIZED CASH FLOW" means the Cash Flow for the period in question,
         divided by the proportion which the period in question is of the
         financial year in which the period occurs.

2.       "CASH FLOW" of the Borrower for any period means the after-tax profit 
         of the Borrower for the period:

         (a)      plus depreciation and amortization;
         (b)      less profit or plus loss resulting from the recognition of the
                  Borrower's minority interest in investments;
         (c)      plus deferred income tax;
         (d)      less capitalized expenses;
         (e)      plus after-tax portion of management bonuses;
         (f)      less gain or plus loss on the sale of fixed assets; and
         (g)      less the minority shareholders' share of losses or plus the
                  minority shareholders' share of profits from consolidated
                  Subsidiaries.

         as have been deducted or added in determining such profit.


3.       "COST OF FUNDS RATE" or "COF", means the annual base rate of interest
         which Laurentian establishes and quotes from time to time at Toronto as
         the reference rate of interest to determine interest rates it will
         charge at such time for fixed rate loans for a particular term and
         calculated at a particular frequency (for example, monthly or
         semi-annually) and to which it may refer as its "Cost of Funds", such
         rate being subject to change at any time without notice.

4.       "CURRENT ASSETS" exclude amounts owing by or invested in related 
         parties

5.       "CURRENT LIABILITIES" exclude all amounts effectively postponed in
         favour of Laurentian, affiliated companies, shareholders and related
         parties and "balloon" payments under Long Term Debt.

6.       "CURRENT RATIO" of the Borrower means Current Assets divided by Current
         Liabilities.

7.       "DEBT SERVICE" of the Borrower for any period means the aggregate
         principal payments on Long Term Debt (including, without limitation,
         the principal component of capital lease obligations) due and payable,
         or scheduled to be due, during such period;

8.       "FINANCIAL INDEBTEDNESS" of the Borrower means the aggregate (without
         duplication) of the following amounts:


LAURENTIAN BANK OF CANADA                                                     10
COMMERCIAL BANKING


<PAGE>   11


         (a)      money borrowed, indebtedness represented by notes payable, and
                  drafts accepted representing extensions of credit (including,
                  as regards any note or draft issued at a discount, any amount
                  that could reasonably be regarded as being the amortized
                  portion of such discount as at the date of determination);
         (b)      all obligations (whether or not with respect to the borrowing
                  of money) which are evidenced by bonds, debenture, notes or
                  other similar instruments or not so evidenced but which would
                  be considered to be indebtedness for borrowed money;
         (c)      all indebtedness upon which interest charges are customarily 
                  paid;
         (d)      net amounts payable pursuant to interest swap arrangements;
         (e)      capital lease obligations and all other indebtedness issued or
                  assumed as full or partial payment for property or services or
                  by way of capital contribution;
         (f)      all letters of credit and letters of guarantee issued by a
                  financial institution at the request of or for the benefit of
                  the Borrower;
         (g)      any guarantee (other than by endorsement of negotiable
                  instruments for collection or deposit in the ordinary course
                  of business) in any manner, directly or indirectly, of any
                  part or all of any obligation of a type referred to in any of
                  paragraphs (i) to (v) above;
         (h)      any of the foregoing amounts in respect of any subsidiary of
                  the Borrower whose accounts are not required under generally
                  accepted accounting principles to be consolidated with the
                  accounts of the Borrower, including without limitation all
                  present and future obligations to Laurentian;
         (i)      trade payables, expenses accrued in the ordinary course of
                  business, customer advance payments and deposits received in
                  the ordinary course of business unless the time for due
                  payment of which extends, or is intended to extend, more than
                  twelve months from the date as of which the determination of
                  Financial Indebtedness is being made; and,
         (j)      indebtedness of the Borrower which is effectively postponed in
                  favour of Laurentian.

9.       "LOAN DOCUMENTS" means all instruments now or at any time in future
         held by Laurentian to evidence, guarantee, secure, or otherwise
         relating to, any obligation under or in connection with the Credit
         Facilities, including without limitation this Offer of Finance.


10.      "PRIME LENDING RATE" means the annual rate of interest which Laurentian
         establishes and quotes from time to time as the reference rate of
         interest to determine interest rates it will charge at such time for
         variable rate commercial loans in Canadian dollars to its customers in
         Canada and to which it may refer as its "prime rate" or "prime lending
         rate"; upon any change in the Prime Lending Rate, the rate of interest
         hereunder determined with reference to the Prime Lending Rate shall be
         adjusted automatically and without the necessity of any notice to the
         Borrower.

11.      "RESTRICTED LEASE" means any lease of real or personal property other 
         than a capital lease.


LAURENTIAN BANK OF CANADA                                                     11
COMMERCIAL BANKING

<PAGE>   12



12.      "TANGIBLE NET WORTH" of the Borrower means the aggregate of share
         capital, earned and contributed surplus (or less any deficit), plus any
         indebtedness of the Borrower which is effectively postponed in favour
         of Laurentian, less the aggregate of:

         (a) any amount due from directors, officers, shareholders and
             affiliated companies; 
         (b) the amount of any investments in affiliated companies; 
         (c) intangible assets including (without limitation) goodwill, 
             franchises; copyrights, trademarks and patents; and,
         (d) any appraisal increase credit.

13.      WORKING CAPITAL of the Borrower means Current Assets minus Current
         Liabilities.




LAURENTIAN BANK OF CANADA                                                    12
COMMERCIAL BANKING



<PAGE>   13



                                  SCHEDULE "D"

                            MISCELLANEOUS PROVISIONS



1.       The Borrower and each Guarantor consents to the obtaining from any
         credit reporting agency or from any person or entity such information
         as Laurentian may require at any time, and consents to the disclosure
         at any time of any information concerning the Borrower or the Guarantor
         to any credit grantor with whom the Borrower or the Guarantor has
         financial relations or to any credit reporting agency.

2.       The benefits of this Agreement may not be assigned by the Borrower.

3.       This Offer will not merge upon the execution and delivery of the other
         Loan Documents but shall remain in full force and effect thereafter. In
         the case of any conflict or inconsistency between this Offer and any
         other Loan Document, the latter shall govern and prevail.

4.       If Laurentian is or becomes subject to any withholding tax or any other
         tax with respect to payments of principal, interest or other amounts
         payable in connection with the Credit Facilities (except taxes on the
         overall net income of Laurentian) or to any reserve or similar
         requirement against assets held by, or deposits in, or loans by, an
         office of Laurentian, and as a result thereof the cost to Laurentian of
         making or maintaining any Credit Facility is increased or the income of
         Laurentian therefrom is reduced, then on demand the Borrower shall pay
         Laurentian the amount (as certified by Laurentian) that shall
         compensate Laurentian for such additional cost or such reduction in
         income.

5.       Laurentian may in its discretion arrange for the funding or assignment
         of all or part of the Credit Facilities, either at the time of the
         initial disbursement or from time to time in future, to one or more
         other financial institutions (which may or may not be affiliated with
         Laurentian).
6.       No amendment or waiver of any provision of this Offer of Finance or of
         any other Loan Document, nor consent to any departure by the Borrower
         therefrom, shall in any event be effective unless the same shall be in
         writing and signed by Laurentian, and then such waiver or consent shall
         be effective only in the specific instance and for the specific purpose
         for which given.

7.       Any and all payments made at any time in respect of any of the Credit
         Facilities or any other obligation hereunder and the proceeds realized
         from any security held therefor may be applied (and reapplied from time
         to time notwithstanding any previous application) to such part or parts
         of the indebtedness of the Borrower as Laurentian sees fit.

8.       Time shall be in all respects of the essence hereof.

9.       Any provision of this Offer of Finance which is invalid or
         unenforceable under the laws of any jurisdiction in which this Offer of
         Finance is sought to be enforced shall, as to such jurisdiction and to
         the extent such provision is invalid or unenforceable, be deemed
         severable and shall not affect any other provision of this Offer of
         Finance.


LAURENTIAN BANK OF CANADA                                                    13
COMMERCIAL BANKING



<PAGE>   14

10.      In no event shall the interest and all other charges provided for
         hereunder exceed the maximum aggregate amount that Laurentian may
         collect in compliance with applicable law. Notwithstanding anything to
         the contrary herein contained, if at any time implementation of any
         provision hereof results in a payment in contravention of the preceding
         sentence, the amount of the excess shall be applied as a partial
         prepayment of principal.

11.      The obligation of the Borrower to make payment in any currency (the
         "Payment Currency") shall not be discharged or satisfied by any tender
         or recovery pursuant to any judgment expressed in or converted into any
         other currency except to the extent to which such tender or recovery
         shall result in the effective receipt by Laurentian (at the current
         rate of exchange offered by Laurentian for the sale by it of the
         Payment Currency) of the full amount of the Payment Currency payable or
         expressed to be payable.





LAURENTIAN BANK OF CANADA                                                     14
COMMERCIAL BANKING


<PAGE>   15





                                  SCHEDULE "E"


                     PRE-AUTHORIZED PAYMENT PLAN APPLICATION


                            (PLEASE COMPLETE IN FULL)



LOAN NO.       -             -    
         -- --   -- -- -- --   --

------------------------------------------------------------------------
FIRST NAME LAST NAME AS SHOWN ON BANK RECORDS

------------------------------------------------------------------------
NAME OF BANK/FINANCIAL INSTITUTION

------------------------------------------------------------------------
BRANCH ADDRESS/STREET

------------------------------------------------------------------------
CITY                   PROVINCE                           POSTAL CODE

---------------------------------               ------------------------
BANK/TRANSIT NUMBER                             ACCOUNT NO.


I/we hereby request and authorize Laurentian Bank of Canada to draw a cheque on
the first day of each month under its "SUREPAY PLAN" against my account at the
bank or financial institution indicated hereon (or any of its branches) for the
purpose of making payment on my loan. I/we understand that if any adjustment is
required in the amount of the monthly payment, I/we will be notified of the
adjustment and the amount of my SUREPAY cheque will be changed effective as of
the month shown on the notice. My bank or financial institution is authorized to
deal with such cheques as if signed by me/us.

-----------------------
DATE

---------------------------------------------------
SIGNATURE(S) AS SHOWN ON BANK RECORDS

---------------------------------------------------



LAURENTIAN BANK OF CANADA                                                     15
COMMERCIAL BANKING