Exhibit 2.3

SHARE TRANSFER AGREEMENT
THE TORONTO-DOMINION BANK
(as Vendor)
- and -
TD WATERHOUSE GROUP, INC.
(as Purchaser)
DATED JUNE 28, 1999





---



SHARE TRANSFER AGREEMENT

THIS AGREEMENT made the 28th day of June, 1999,

BETWEEN:

|                                                                                           
|-------------------------------------------------------------------------------------------
|THE TORONTO-DOMINION BANK
(a Canadian chartered bank)
(hereinafter referred to as Vendor)

OF THE FIRST PART,

- and -

|                                                                                                                             
|-----------------------------------------------------------------------------------------------------------------------------
|TD WATERHOUSE GROUP, INC.,
a corporation incorporated under the laws of
Delaware (hereinafter referred to as the Purchaser)

OF THE SECOND PART.

WHEREAS Vendor wishes to transfer the shares of its United Kingdom, Australia and Hong Kong discount broker subsidiaries
to the Purchaser and Purchaser wishes to acquire such shares from the Vendor, subject to and in accordance with the terms
and conditions hereof;

NOW THEREFORE THIS AGREEMENT WITNESSES that in consideration of the premises, the mutual covenants and agreements
hereinafter set forth and for good and valuable consideration the receipt and sufficiency of which is hereby
acknowledged, the Parties have agreed as follows:

ARTICLE 1INTERPRETATION



|1.1 |  | Definitions
|--- |  | -----------



| |                                                                                                    
| | ---------------------------------------------------------------------------------------------------
| | In this Agreement, including the recitals and the Schedules, unless the context otherwise requires:



| | (a) |  | Agreementmeans this Agreement and all amendments made hereto by written agreement between the Vendor
and the Purchaser;
| | --- |  | -------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | Business Daymeans any day which is not a Saturday, Sunday or statutory holiday in Toronto, Ontario;                    





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| | (c) |  | Direction and Escrow Agreement Regarding the 1999 Green Line Reorganizationmeans the agreement
entered into among Vendor,
Purchaser, TD Securities Inc. and TD Waterhouse Investor Services (Canada) Inc., dated June 28, 1999 setting out
with respect to the transactions contemplated therein, the list of documents to be exchanged, the parties to
whom such documents are to be delivered, the participants in the closing and the terms of escrow and release of
escrow, including the times at which the various deliveries of documents are made and the transactions
contemplated thereby become effective;
| | --- |  | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (d) |  | Effective Timemeans the time of the transfer of the Transferred Business, as that term is defined
and as specified in the Direction and Escrow Agreement Regarding the 1999 Green Line Reorganization;                                                                                                                                                                                                                                                                                                                                                                                                             
|
| | (e) |  | Encumbrancesmeans liens, charges, security interests, rights of others or other encumbrances;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        
|
| | (f) |  | GLH Australiameans Green Line Holdings (Australia) Pty Ltd ACN 077 306 319;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
|
| | (g) |  | GLH Australia Promissory Notemeans the promissory note in the principal amount of CAD15,000,000 to be
made by the Purchaser as of the Effective Time in favour of the Vendor;                                                                                                                                                                                                                                                                                                                                                                                                                                        
|
| | (h) |  | GLH Australia Sharesmeans all of the issued and outstanding shares in the capital stock of GLH
Australia;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|
| | (i) |  | GLIS Australiameans TD Waterhouse Investor Services (Australia) Limited;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             
|
| | (j) |  | GLIS Europemeans TD Waterhouse Investor Services (Europe) Limited;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|
| | (k) |  | GLIS HK1means TD Waterhouse Investor Services (Hong Kong) Inc.;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      
|
| | (l) |  | GLIS HK2means TD Waterhouse Investor Services (Hong Kong) Limited;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   
|
| | (m) |  | GLIS HK2 Promissory Notemeans the promissory note in the principal amount of CAD1,893,000 to be made
by the Purchaser as of the Effective Time in favour of the Vendor in respect of the transfer of the GLIS
HK2 Shares;                                                                                                                                                                                                                                                                                                                                                                                            
|
| | (n) |  | GLIS HK1 Sharesmeans all of the issued and outstanding shares in the capital stock of GLIS HK1;                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      

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| | (o)  |  | GLIS HK2 Sharesmeans all of the issued and outstanding shares in the capital stock of GLIS HK2 other
than the one (1) ordinary share of such corporation held by Tordom Nominees (H.K.) Limited;             
| | ---- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (p)  |  | GLIS UKmeans TD Waterhouse Investor Services (U.K.) Limited;                                                                                                                                                 
|
| | (q)  |  | GLIS UK Promissory Notemeans the promissory note in the principal amount of CAD20,600,000 to be made
by the Purchaser as of the Effective Time in favour of the Vendor;                                      
|
| | (r)  |  | GLIS UK Sharesmeans all of the issued and outstanding shares in the capital stock of GLIS UK;                                                                                                                
|
| | (s)  |  | Partiesmeans the parties to this Agreement and Party means any one of them;                                                                                                                                
|
| | (t)  |  | Purchase Pricehas the meaning ascribed thereto in Section 2.2;                                                                                                                                               
|
| | (u)  |  | Purchased Sharesmeans the GLH Australia Shares, GLIS HK1 Shares, GLIS HK2 Shares, GLIS UK Shares and
TDSS Shares;                                                                                            
|
| | (v)  |  | Subsidiariesmeans GLH Australia, GLIS HK1, GLIS HK2, GLIS UK and TDSS;                                                                                                                                       
|
| | (w)  |  | Tax Actmeans the Income Tax Act (Canada) 1985 R.S.C. (5th Supp.), c.1, as amended;                                                                                                                           
|
| | (x)  |  | TDSSmeans TD Waterhouse Securities Services (Hong Kong) Limited;                                                                                                                                             
|
| | (y)  |  | TDSS Sharesmeans all of the issued and outstanding shares in the capital stock of TDSS other than the
one (1) ordinary share of such corporation held by Tordom Nominees (H.K.) Limited;                     
|
| | (z)  |  | TDSS Promissory Notemeans the promissory note in the principal amount of CAD1,893,000 to be made by
the Purchaser as of the Effective Time in favour of Vendor in respect of the transfer of the TDSS
Shares;
|
| | (aa) |  | Third Partymeans any Person other than a Party; and                                                                                                                                                          
|
| | (ab) |  | this Agreement,
herein, hereto, hereof and similar expressions
refer to this Share Transfer Agreement as amended from time to time.                                                                    



|1.2 |  | Article, Section and Schedule References
|--- |  | ----------------------------------------

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| |                                                                                                                                                                                                                                            
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Except as otherwise expressly provided, a reference in this Agreement to an Article, section, subsection,
paragraph or Schedule is a reference to an article, section, subsection, paragraph or schedule of or to this
Agreement.



|1.3 |  | Interpretation Not Affected by Headings
|--- |  | ---------------------------------------



| |                                                                                                                                   
| | ----------------------------------------------------------------------------------------------------------------------------------
| | The headings in this Agreement are for convenience only and shall not affect the construction or interpretation
of this Agreement.



|1.4 |  | Included Words
|--- |  | --------------



| |                                                                                                                                                                                                               
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | When the context reasonably permits, words suggesting the singular shall be construed as suggesting the plural
and vice versa, and words suggesting one gender shall be construed as suggesting other genders.



|1.5 |  | Schedules
|--- |  | ---------



| |                                                                           
| | --------------------------------------------------------------------------
| | The following Schedules are attached to and form a part of this Agreement:
|
| | Schedule A         Purchased Shares and Purchase Price                 
| | Schedule B         Authorized and Outstanding Shares of Purchaser      

ARTICLE 2PURCHASE AND SALE



|2.1 |  | Purchase and Sale
|--- |  | -----------------



| |                                                                                                                                                                                       
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | As of the Effective Time and subject to the provisions of Article 5, the Vendor hereby sells to the Purchaser
and the Purchaser hereby purchases from the Vendor the Purchased Shares.



|2.2 |  | Purchase Price
|--- |  | --------------



| |                                                                                                                                                      
| | -----------------------------------------------------------------------------------------------------------------------------------------------------
| | The consideration (the Purchase Price) for the purchase of the Purchased Shares shall be the aggregate of all
consideration listed in Schedule A.



ARTICLE 3REPRESENTATIONS AND WARRANTIES



|3.1 |  | Representations and Warranties of Vendor
|--- |  | ----------------------------------------



| |                                                      
| | -----------------------------------------------------
| | Vendor represents and warrants to the Purchaser that:

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| | (a) |  | Vendor Standing: Vendor is a Canadian chartered bank, duly organized and validly existing under the
laws of Canada and now has the requisite corporate power and authority to perform its obligations in
accordance with the Agreement;                                                                                                                                                                                                                                                                                                                                                                                                    
| | --- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | Authorized Capital of the Subsidiaries: the authorized capital of the Subsidiaries consists of
the number and classes of shares listed in Schedule A, of which the corresponding numbers of
shares listed in Schedule A have been validly issued and are outstanding as fully paid and
non-assessable shares;                                                                                                                                                                                                                                                                                                                          
|
| | (c) |  | Ownership of Purchased Shares: Immediately prior to the purchase and sale of the Purchased Shares herein
provided, the Vendor was the beneficial and registered owner of all of the issued and outstanding shares
in the capital stock of the Subsidiaries except one (1) ordinary share in the capital stock of GLIS
HK2, of which Tordom Nominees (H.K.) Limited was the registered owner and the Vendor was the beneficial
owner, and one (1) ordinary share in the capital stock of TDSS, of which Tordom Nominees (H.K.) Limited
was the registered owner and the Vendor was the beneficial owner, free and clear of all Encumbrances;
|
| | (d) |  | Ownership of GLIS Australia Shares: GLH Australia is the beneficial and registered owner of all of the
issued and outstanding shares in the capital stock of GLIS Australia, free and clear of all
Encumbrances;                                                                                                                                                                                                                                                                                                                                                                                                                           
|
| | (e) |  | Ownership of GLIS Europe Shares: GLIS UK is the beneficial and registered owner of all of the issued and
outstanding shares in the capital stock of GLIS Europe, free and clear of all Encumbrances;                                                                                                                                                                                                                                                                                                                                                                                                                                       
|
| | (f) |  | Authority, No Encumbrances: the Vendor has good and sufficient power, authority and right to enter into
and deliver this Agreement and to transfer the legal and beneficial title and ownership of the Purchased
Shares to the Purchaser free and clear of all Encumbrances;                                                                                                                                                                                                                                                                                                                                                               
|
| | (g) |  | No Options: there is no contract, option or any other right of another binding upon or which at any
time in the future may become binding upon:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            
|



| | (i)  |  | the Vendor to sell, transfer, assign, pledge, charge, mortgage or in any other way dispose of
or encumber any of the Purchased Shares other than pursuant to the provisions of this
Agreement, or
| | ---- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii) |  | any of the Subsidiaries, GLIS Europe or GLIS Australia to allot or issue any of its respective
unissued shares or to create any additional class of shares;                                      

-5-



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| | (h) |  | No Conflicts: the consummation of the transactions contemplated herein will not violate, nor be in
conflict with, any of the constating documents, by-laws or governing documents of Vendor;                                                                                                                                                                                           
| | --- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (i) |  | Execution of Documents: this Agreement has been duly authorized, executed and delivered by Vendor and
all other documents executed and delivered by Vendor pursuant hereto have been duly executed and
delivered by Vendor,
and this Agreement and such documents constitute legal, valid and binding obligations of the Vendor, enforceable
in accordance with their respective terms;
|
| | (j) |  | Residency: Vendor is not a non-resident of Canada within the meaning of the provisions of the Tax Act;
and                                                                                                                                                                                                                                                                             
|
| | (k) |  | Associated Company Status: At the Effective Time, a wholly-owned subsidiary of the Vendor shall be the
beneficial owner of 90% or more of the issued share capital of the Purchaser.                                                                                                                                                                                                   



|3.2 |  | Representations and Warranties of Purchaser
|--- |  | -------------------------------------------



| |                                                          
| | ---------------------------------------------------------
| | The Purchaser represents and warrants to the Vendor that:



| | (a) |  | Standing: the Purchaser is a corporation duly organized and validly existing under the laws of the
State of Delaware and has the requisite corporate power and authority to perform its obligations in
accordance with this Agreement;                                                                                                                                                                                                                                                                                                  
| | --- |  | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | No Conflicts: the consummation of the transactions contemplated by this Agreement will not violate, nor
be in conflict with, the constating documents, by-laws or governing documents of the Purchaser;                                                                                                                                                                                                                                                                                                                                 
|
| | (c) |  | Execution of Documents: this Agreement has been duly authorized, executed and delivered by the Purchaser
and all other documents (including the GLH Australia Promissory Note, GLIS HK2 Promissory Note, GLIS UK
Promissory Note and TDSS Promissory Note) executed and delivered by the Purchaser pursuant hereto have
been duly executed and delivered by the Purchaser, and this Agreement and such documents constitute
legal, valid and binding obligations of the Purchaser enforceable in accordance with their respective
terms;
|
| | (d) |  | Authorized Capital of Purchaser: Immediately prior to the purchase and sale of the Purchased Shares
herein provided, the authorized capital of the Purchaser consisted of the number and classes of shares
listed in Schedule B, of which the corresponding numbers of shares listed in Schedule B had                                                                                                                                                                                                                              

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| |     |  | been
validly issued and were outstanding as fully paid and non-assessable shares;                                                                                                                                                                                                                                 
| | --- |  | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (e) |  | Shares of Purchaser: the 4,991,002 common shares in the capital stock of the Purchaser issued to the
Vendor pursuant to Section 2.2 have been validly created, allotted and issued as fully-paid and non-
assessable shares, are registered in the name of Vendor, and are free and clear of all Encumbrances; and
|
| | (f) |  | Associated Company Status: At the Effective Time, a wholly-owned subsidiary of the Vendor shall be the
legal owner of at least 90% of the issued share capital of the Purchaser.                                                                                                                                  



|3.3 |  | Limitation
|--- |  | ----------



| |                                                                                                                                                                                                                                       
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | No claim under this Article 3 shall be made or be enforceable by the Vendor or by the Purchaser, unless written
notice of such claim, with reasonable particulars, is given by such Party to the Party against whom the claim is
made.



|3.4 |  | Survival of Vendors Representations, Warranties and Covenants
|--- |  | --------------------------------------------------------------



| | (a) |  | The representations and warranties of the Vendor set forth in Section 3.1 shall survive the completion
of the sale and purchase of the Purchased Shares herein provided for and, notwithstanding such
completion, shall continue in full force and effect for the benefit of the Purchaser for a period of
three (3) years from the Effective Time.
| | --- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | The covenants of the Vendor set forth in this Agreement shall survive the completion of the sale and
purchase of the Purchased Shares herein provided for and, notwithstanding such completion, shall
continue in full force and effect for the benefit of the Purchaser in accordance with the terms thereof.                                     



|3.5 |  | Survival of Purchasers Representations, Warranties and Covenants
|--- |  | -----------------------------------------------------------------



| | (a) |  | The representations and warranties of the Purchaser set forth in Section 3.2 shall survive the
completion of the sale and purchase of the Purchased Shares herein provided for and, notwithstanding
such completion, shall continue in full force and effect for the benefit of the Vendor for a period of
three (3) years from the Effective Time.
| | --- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

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| | (b) |  | The covenants of the Purchaser set forth in this Agreement shall survive the completion of the sale and
purchase of the Purchased Shares herein provided for and, notwithstanding such completion, shall
continue in full force and effect for the benefit of the Vendor in accordance with the terms thereof.
| | --- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

ARTICLE 4COVENANTS AND INDEMNITIES



|4.1 |  | Taxes
|--- |  | -----



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                           
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The Purchaser does not assume and shall not be liable for any taxes under the Tax Act or any other taxes
whatsoever which may be or become payable by the Vendor including, without limiting the generality of the
foregoing, any taxes resulting from or arising as a consequence of the sale by the Vendor to the Purchaser of
the Purchased Shares herein contemplated, and the Vendor shall indemnify and save harmless the Purchaser from
and against all such taxes.
|
| | The Purchaser, and not the Vendor, shall be liable for and shall pay within the required periods all stamp
duties and other transfer taxes which become payable by
the Purchaser in connection with the purchase by the Purchaser from the Vendor of the Purchased Shares herein
contemplated, and the Purchaser shall indemnify and save harmless the Vendor from and against all such taxes.                                                                            



|4.2 |  | General Indemnity of the Vendor
|--- |  | -------------------------------



| |                                                                                                                                                                                                                                                                                                                                                         
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The Vendor shall indemnify and save harmless the Purchaser from and against all losses, damages or expenses
directly or indirectly suffered by the Purchaser resulting from any breach of any covenant of the Vendor
contained in this Agreement or from any inaccuracy or misrepresentation in any representation or warranty set
forth in Section 3.1.



|4.3 |  | General Indemnity of the Purchaser
|--- |  | ----------------------------------



| |                                                                                                                                                                                                                                                                                                                                                         
| | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The Purchaser shall indemnify and save harmless the Vendor from and against all losses, damages or expenses
directly or indirectly suffered by the Vendor resulting from any breach of any covenant of the Purchaser
contained in this Agreement or from any inaccuracy or misrepresentation in any representation or warranty set
forth in Section 3.2.

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ARTICLE 5CONDITIONS TO PURCHASE AND SALE



|5.1 |  | Absence of Foreign Investment Approval re. GLH Australia Shares
|--- |  | ---------------------------------------------------------------



| | (a) |  | The sale and transfer of the GLH Australia Shares and the delivery of the portion of the Purchase Price
payable in consideration thereof shall not proceed unless (i) a notice in writing is issued by or on
behalf of the Treasurer of the Commonwealth of Australia stating that the Commonwealth Government does
not object to the Purchaser and the Vendor entering into and completing this Agreement, either
unconditionally or on terms reasonably acceptable to the Purchaser, or (ii) the Treasurer of the
Commonwealth of Australia becomes precluded from making an order in respect of the transfer of the GLH
Australia Shares under the Foreign Acquisitions and Takeovers Act 1975 (Cth).
| | --- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | In the event that the notice referred to in Section 5.1(a) has not been given prior to the Effective
Time, the Parties shall diligently seek to effect the sale and transfer of the GLH Australia Shares and
the delivery of that portion of the Purchase Price deliverable in consideration thereof, as soon as
practicable following the issuance of such a notice or the time following which the Treasurer of the
Commonwealth is precluded from making an order in respect of such transfer.                                                                                                                                                                                                       



|5.2 |  | Other Absence of Consent or Approval
|--- |  | ------------------------------------



| | (a) |  | Where any consent, approval or agreement of any Third Party, other than the approval described in
Section 5.1, is required to the transfer of any of the Purchased Shares, and such consent, approval or
agreement has not been obtained at or before the Effective Time, the transfer of the affected Purchased
Shares only shall not take effect, notwithstanding the passage of the Effective Time, until that
consent, approval or agreement has been obtained.
| | --- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | After the Effective Time, and until such time as any consent, approval or agreement referred to in
Section 5.2(a) is obtained, Vendor shall be deemed to hold the benefit of such asset for the Purchaser.                                                                                                                                                                                                                                                         

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ARTICLE 6GENERAL



|6.1 |  | Further Assurances
|--- |  | ------------------



| |                                                                                                                                                                                                                                                                                                    
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Each Party will, from time to time and at all times after the Effective Time, without further consideration, do
such further acts and deliver all such further assurances, deeds and documents as shall be reasonably required
in order to fully perform and carry out the terms of this Agreement.



|6.2 |  | No Merger
|--- |  | ---------



| |                                                                                                                                                                                                                                                                                                                                                                                                                               
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Subject to any limitations set forth herein, the covenants, representations, warranties and indemnities
contained in this Agreement shall survive the execution and delivery hereof and shall not merge in any
assignments, conveyances, transfers or other documents executed and delivered at or after the date hereof,
notwithstanding any rule of law, equity or statute to the contrary and such rules are hereby waived.



|6.3 |  | Entire Agreement
|--- |  | ----------------



| |                                                                                                                                                                                                                                         
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | The provisions contained in any and all documents and agreements collateral hereto shall at all times be read
subject to the provisions of this Agreement and, in the event of conflict, the provisions of this Agreement
shall prevail.



|6.4 |  | Governing Law
|--- |  | -------------



| |                                                                                                                                                                                                                                                                                                                                                                                               
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | This Agreement shall be subject to and interpreted, construed and enforced in accordance with the laws of
Ontario and the laws of Canada applicable therein and shall be treated as a contract made in Ontario. The
Parties irrevocably attorn and submit to the jurisdiction of the courts of Ontario and courts of appeal
therefrom in respect of all matters arising out of this Agreement.



|6.5 |  | Assignment, Enurement, Etc.
|--- |  | ---------------------------



| |                                                                                          
| | -----------------------------------------------------------------------------------------
| | Neither the obligations nor the benefits under this Agreement shall be assignable unless:



| | (a) |  | The assignor has given notice to the other party hereto;                                                                                         
| | --- |  | -------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | The assignment is an assignment of all of the assignors rights, benefits and obligations hereunder; and                                         
|
| | (c) |  | The assignment is made in connection with or as part of a corporate reorganization of the assignor, a
merger or amalgamation of the assignor with

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| |  |  | one or more other corporations or the sale by the assignor
of all or substantially all of its assets.
| |  |  | -----------------------------------------------------------------------------------------------------



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     
| | ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | Notwithstanding any such assignment, the assignor shall continue to remain liable for its obligations hereunder
jointly and severally with the assignee, and the assignees rights and benefits hereunder shall be subject to
any rights of set-off and equities existing as between the assignor and the other party hereto. Any purported
assignment in contravention of this section shall be void. This Agreement shall be binding upon and enure to
the benefit of the Purchaser, Vendor and their respective successors and permitted assigns.



|6.6 |  | Time of Essence
|--- |  | ---------------



| |                                                
| | -----------------------------------------------
| | Time shall be of the essence in this Agreement.



|6.7 |  | Notices
|--- |  | -------



| |                                                                            
| | ---------------------------------------------------------------------------
| | The addresses and fax number of each Party for notices shall be as follows:

|           |  |                                                                            
|---------- |  | ---------------------------------------------------------------------------
|Vendor:    |  | Toronto-Dominion Centre
P.O. Box 1, 12th Floor
Toronto, Ontario M5K 1A2    
|          
|           |  | Attention: Senior Vice-President, Compliance
Fax: (416) 944-6932           
|          
|          
|Purchaser: |  | 100 Wall Street
New York, New York 10005                                   
|          
|           |  | Attention: Executive Vice-President and General Counsel
Fax: (212) 509-8099



| |                                                                                                                                                         
| | --------------------------------------------------------------------------------------------------------------------------------------------------------
| | Any notice, communication or statement (a notice) required, permitted or contemplated hereunder shall be in
writing and shall be delivered as follows:



| | (a) |  | by delivery to a Party between 8:00 a.m. and 4:00 p.m. local time on a Business Day at the
address of such Party for notices, in which case the notice shall be deemed to have been
received by that Party when it is delivered; or                                                                                
| | --- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (b) |  | by telecopier to a Party to the telecopier number of such Party for notices, in which case, if the
notice was telecopied prior to 4:00 p.m. local time on a Business Day the notice shall be deemed to have
been received by that Party when it was telecopied and if it was faxed on a day which is not a Business

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| |                                                                                                                                           
| | ------------------------------------------------------------------------------------------------------------------------------------------
| | Day or is faxed after 4:00 p.m. local time on a Business Day, it shall be deemed to have been received
on the next following Business Day.



| |                                                                                                                                                       
| | ------------------------------------------------------------------------------------------------------------------------------------------------------
| | A Party may from time to time change its address for service or its fax number for service by giving written
notice of such change to the other Party.



|6.8 |  | Invalidity of Provisions
|--- |  | ------------------------



| |                                                                                                                                                                                  
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | If at any time any provision of this Agreement is or becomes illegal, invalid or unenforceable in any respect
under the law of any jurisdiction, that shall not affect or impair:



| | (a) |  | the legality, validity or enforceability in that jurisdiction of any other provision of this Agreement;
or
| | --- |  | ----------------------------------------------------------------------------------------------------------



| | (b) |  | the legality, validity or enforceability under the law of any other jurisdiction of that or any other
provision of this Agreement.
| | --- |  | ----------------------------------------------------------------------------------------------------------------------------------



|6.9 |  | Waiver
|--- |  | ------



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | No waiver by any Party of any breach (whether actual or anticipated) of any of the terms, conditions,
representations or warranties contained herein shall take effect or be binding upon that Party unless the waiver
is expressed in writing under the authority of that Party. Any waiver so given shall extend only to the
particular breach so waived and shall not limit or affect any rights with respect to any other or future breach.



|6.10 |  | Remedies Generally
|---- |  | ------------------



| |                                                                                                                                                                                                                                                                                                                                              
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | No failure on the part of any Party in exercising any right or remedy hereunder shall operate as a waiver
thereof, nor shall any single or partial exercise of any such right or remedy preclude any other or further
exercise thereof or the exercise of any other right or remedy in law or in equity or by statute or otherwise
conferred.



|6.11 |  | Amendment
|---- |  | ---------



| |                                                                                                                                                                                                                                                        
| | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | This Agreement shall not be varied in its terms or amended by oral agreement or by representations or otherwise
other than by an instrument in writing dated subsequent to the date hereof, executed by a duly authorized
representative of each Party.

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|6.12 |  | Counterpart Execution
|---- |  | ---------------------



| |                                                                                                                     
| | --------------------------------------------------------------------------------------------------------------------
| | This Agreement may be executed in counterpart and all executed counterparts together shall constitute one
agreement.



|6.13 |  | Access to Books, Records and Personnel
|---- |  | --------------------------------------



| |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          
| | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
| | After the Effective Time, the Purchaser shall permit Vendor and its representatives to continue to have full and
complete access to the books and records of the Subsidiaries, GLIS Australia and GLIS Europe and their
respective personnel as Vendor may require for the purpose of complying with all laws as well as its legitimate
business purposes, including without limitation in connection with any claims, demands or litigation. The
Purchaser shall provide Vendor with its full co-operation (including testimony if requested) in connection with
such purposes. The Purchaser shall ensure that each of the Subsidiaries, GLIS Australia and GLIS Europe
preserves and maintains its books and records for the greater of: (i) 15 years or (ii) such other time as they
may be relevant.



| |                                                             
| | ------------------------------------------------------------
| | IN WITNESS WHEREOF the Parties have executed this Agreement.



|                                                                        |  |                                                           
|----------------------------------------------------------------------- |  | ----------------------------------------------------------
|THE TORONTO-DOMINION BANK                                               |  | TD WATERHOUSE GROUP, INC.                                 
|                                                                       
|Per:  Christopher A. Montague
      Senior Vice-President, Compliance |  | Per:  Christopher A. Montague
      Authorized Secretary
|                                                                       
|Per:__________________________                                          |  | Per:_________________________                             



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---





SCHEDULE A TO A SHARE TRANSFER AGREEMENT DATED AS OF JUNE 28, 1999 BETWEEN THE TORONTO-DOMINION BANK AND TD WATERHOUSE
GROUP, INC.

Purchased Shares and Purchase Price

|              |  |                                                           |  |                                      |  |                                                                                                 
|------------- |  | --------------------------------------------------------- |  | ------------------------------------ |  | ------------------------------------------------------------------------------------------------
|              |  |                                                           |  | Shares Issued and                   
|              |  |                                                           |  | Outstanding as fully                
|              |  |                                                           |  | paid and non-                       
|Subsidiary    |  | Authorized Capital                                        |  | assessable                           |  | Consideration                                                                                   
|              |  |                                                           |  |                                      |  |                                                                                                 
|GLH Australia |  | 100,000,000 ordinary shares                               |  | 37,500,000 ordinary shares           |  | 4,450,000 common shares in
the capital stock of
Purchaser, and the GLH
Australia Promissory Note
|             
|GLIS HK1      |  | Unlimited number of Class
A Shares and Class B
Shares |  | 75,000 Class A Shares              |  | Promissory Note in the
amount of $920,731.95                                                    
|             
|GLIS HK2      |  | HK $50,000,000 divided into
500,000 ordinary shares       |  | 500,000 ordinary shares              |  | 1 common share in the
capital stock of Purchaser,
and the GLIS HK2 Promissory
Note              
|             
|TDSS          |  | HK $100,000,000 divided
into 1,000,000 ordinary
shares    |  | 500,000 ordinary shares              |  | 1 common share in the
capital stock of Purchaser,
and the TDSS Promissory
Note                  
|             
|GLIS UK       |  | 1,000,000,000 ordinary
shares of £1 each                  |  | 8,157,483 ordinary shares
of £1 each |  | 541,000 common shares in
the capital stock of
Purchaser, and the GLIS UK
Promissory Note        

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---



SCHEDULE B TO A SHARE TRANSFER AGREEMENT DATED AS OF JUNE 28, 1999 BETWEEN THE TORONTO-DOMINION BANK AND TD WATERHOUSE
GROUP, INC.

Authorized and Outstanding Shares of Purchaser

|                                                                     |  |                                       
|-------------------------------------------------------------------- |  | --------------------------------------
|                                                                     |  | Shares Issued and Outstanding as fully
|Authorized Capital                                                   |  | paid and non- assessable              
|                                                                     |  |                                       
|(a) Common stock, US $0.01
value: 700 million shares                 |  | (a) Common stock: 333 million shares  
|                                                                    
|(b) Series common stock, US $0.01 par value: 100
million      shares |  | (b) Series common stock: nil          
|                                                                    
|(c) Preferred Stock, US $0.01 par value: 100 million
      shares    |  | (c) Preferred stock: nil              

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