Document:

Unassociated Document

     

    
      EXHIBIT
        10.14

      

      TRANSLATION
        FOR CONVENIENCE ONLY - NOT LEGALLY BINDING

      

      TRANSLATION

      

      THE
        YEAR TWO THOUSAND AND SIX, February 11.

      

      BEFORE
        Me Danielle LESIEUR,
        Notary
        at Trois-Rivières, Province of Quebec.

      

      APPEARED:

      

      WATER
        BANK OF AMERICA INC.,
        also
        acting under the trade name BANQUE
        D’EAU DES AMÉRIQUES INC.,
        a
        corporation legally constituted in virtue of a Canada Business Corporations
        Act
        by a Certificate of Incorporation dated September 3, 2002 and registered
        under
        number 1161019428, having its head office at 5 Place Ville Marie, Suite 1108,
        Montreal, Province of Quebec, H3B 2G2, Canada, herein represented by
        Mr. Jean-Jean Pelletier, duly authorized in virtue of a resolution of the
        sole director dated February 11, 2006, copy of said resolution has been annexed
        hereto, further to it having been recognized as a true copy and signed by
        the
        representative in the presence of the notary.

      

      Hereinafter
        referred to as “the vendor”

      

      AND

      

      ANTIROUILLE
        MÉTROPOLITAIN CANADA LTÉE,
        a
        corporation duly incorporated in virtue of the Canadian Business Corporations
        Act by way of a Certificate of Incorporation dated May 22, 2003, registered
        under the number 1161580890, having its head office at 3175 Thibeau Blvd.,
        Trois-Rivières, Province of Quebec, G8T 1G4, herein represented by
        Mr. Bruno St-Onge, President duly authorized by a resolution of the sole
        director dated February 11, 2006, copy of which has been annexed hereto,
        further
        to it having been recognized as a true copy and signed by the representative
        in
        the presence of the notary.

      

      Hereinafter
        referred to as “the purchaser”

      

      WHICH
        declare and covenant as follows:

      

      
        	
                1.

              	
                DECLARATIONS

              

      

      

      
        	
                1.1

              	
                A
                  promise to purchase and sale of shares has been signed by Mr. Bruno
                  St-Onge and the vendor. Pursuant to said promise, Bruno St-Onge
                  designated
                  Antirouille Métropolitain Canada Ltée as the
                  purchaser.

              

      

      

      
        	
                1.2

              	
                The
                  conditions provided for in paragraph 2.1 of the said promise have
                  been
                  fulfilled.

              

      

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      
        	
                1.3

              	
                In
                  addition, the vendor, remitted the duly endorsed share certificates
                  to the
                  purchaser within the agreed upon delay in the
                  promise.

              

      

      

      
        	
                2.

              	
                DEED
                  OF SALE

              

      

      

      Consequently,
        the vendor sells with legal warranty to the purchaser, whom purchases, all
        but
        not less than all the shares issued and in circulation of 4287762 Canada
        Inc.,
        to wit:

      

      
        	
                3.

              	
                DESCRIPTION
                  OF THE SHARES

              

      

      

      One
        Hundred (100) class “A” shares represented by certificate A-5 from the capital
        stock of 4287762 Canada Inc.

      

      
        	
                4.

              	
                PURCHASE
                  PRICE

              

      

      

      The
        present sale is made for the price of TWO MILLION SEVEN HUNDRED FORTY THOUSAND
        DOLLARS ($2,740,000.00) equivalent to the consideration established at the
        section entitled “Purchase Price” of the promise to purchase and sale. The
        purchase price has been paid in full to the vendor for which the latter declares
        itself quit for so much.

      

      
        	
                5.

              	
                CONFIRMATION
                  OF THE DECLARATION OF THE
                  PARTIES

              

      

      

      The
        parties confirm the declarations, undertakings and warranties endorsed by
        one
        another in the promise to purchase and sale of shares which copy is annexed
        hereto further to it having been recognized as being true and signed for
        identification by the parties in the presence of the undersigned notary,
        except
        for the following provisions which were modified:

      

      
        	
                a)

              	
                the
                  agreement mentioned at paragraph 2.1.2 of said promise is replaced
                  by:

              

      

      

      
        	 	
                
                  ·

                

              	
                a
                  license agreement

              

      

      
        	 	
                
                  ·

                

              	
                an
                  agreement for the supply of spring
                  water

              

      

      
        	 	
                
                  ·

                

              	
                an
                  agreement for the manufacture of secured spring water ice cubes
                  and water
                  bottles.

              

      

      

      copies
        of
        said agreements are annexed hereto further to said agreements having been
        recognized as true and signed for identification by the parties in the presence
        of the undersigned notary;

      

      
        	
                b)

              	
                the
                  annex mentioned at paragraph 3.1 of said promise is replaced by
                  the annex
                  which is attached hereto further to said annex having been duly
                  recognized
                  as true and signed for identification by the parties in the presence
                  of
                  the undersigned notary;

              

      

      

      
        	
                c)

              	
                the
                  purchaser and the vendor acknowledge by these presents having approved
                  the
                  financial statements of 4287762 Canada Inc. filed on July 27, 2005
                  and
                  January 31, 2006.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        	
                6.

              	
                UNDERTAKINGS
                  OF THE VENDOR

              

      

      

      
        	
                a)

              	
                The
                  vendor warrants that there are no amounts due by 4287762 Canada
                  Inc. to
                  Yves Thériault, and undertakes to reimburse to the purchaser all amounts
                  which 4287762 Canada Inc. may be obliged to pay Yves
                  Thériault;

              

      

      

      
        	
                b)

              	
                The
                  vendor agrees to pay the fees which are owed to FELDMAN ROLLAND,
                  LAWYERS,
                  in the amount of thirty-four thousand five hundred and seven dollars
                  and
                  fifty cents ($34,507.50) which amount represents the latter’s fees until
                  December 31, 2005 as well as the amount of twenty-six thousand
                  seven
                  forty-three dollars and thirty-one cents ($26,743.31) to Patrick
                  Prince,
                  C.A., representing the fees owed to the latter until this date
                  and
                  authorizes the undersigned notary to pay the aforementioned amounts
                  from
                  the amounts which the undersigned notary may hold in her trust
                  account in
                  relation with the present
                  transaction.

              

      

      

      
        	
                7.

              	
                ENTIRE
                  AGREEMENT

              

      

      

      
        	
                7.1

              	
                The
                  present agreement and promise to purchase and sale of shares as
                  well as
                  the annexes attached hereto constitute the full agreement between
                  the
                  parties to these presents and supercedes all prior verbal or written
                  agreements, contracts or undertakings. The parties may not modify
                  the
                  terms of this agreement unless they expressly consent to it in
                  writing.

              

      

      

      
        	
                7.2

              	
                The
                  invalidity of a provision stipulated herein shall not render the
                  entirety
                  of the present agreement null and
                  void.

              

      

      

      
        	
                8.

              	
                ELECTION
                  OF DOMICILE

              

      

      

      The
        vendor: 5 Place Ville Marie, Suite 1108, Montreal, Province of Quebec, H3B
        2G2;

      

      The
        purchaser: 3175 Thibeau Blvd., Trois-Rivières, Province of Quebec, G8T
        1G4;

      

      Or
        at any
        such other address which one of the parties may indicate to the other by
        way of
        a written notice.

      

      WHEREOF
        ACTE
        at
        Trois-Rivières, under the number thirteen thousand seven hundred thirty-seven
        (13,737) of the minutes of the undersigned notary.

      

      AFTER
        DUE READING HEREOF,
        the
        parties signed in the presence of the undersigned notary.

      
        	 	 	 	 
	 	 	 	 
	
                WATER
                  BANK OF AMERICA INC.

              	 	 	 
	 	 	 	 
	(SGD)	 	 	 
	
              	 	 	
              
	
                

                Per:
                  Jean-Jean PELLETIER

              	 	 	
              

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                ANTIROUILLE
                  MÉTROPOLITAIN CANADA LTÉE 

              	 	
              
	 	 	 	 
	(SGD)	 	 	 
	 	 	 	 
	
                

                Per:
                  Bruno ST-ONGE

              	 	 	 
	 	 	 	 
	 	 	 	 
	(SGD)	 	 	 
	 	 	 	 
	
                
Me
                Danielle LESIEUR, Notary	 	 	 

      

       

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

       

    

    EXHIBIT
      10.14 ANNEXE

    

    TRANSLATION
      FOR CONVENIENCE ONLY – NOT LEGALLY
      BINDING

    

    TRANSLATION

     

    PROMISE
      TO SELL

    

    BETWEEN

    

    WATER
      BANK OF AMERICA INC.,
      also
      acting under its trade name “BANQUE
      D’EAU DES AMÉRIQUES INC.,
      corporation legally constituted pursuant to the Canada Business Corporations
      Act
      by way of a Certificate of Constitution dated September 3, 2002, registered
      under the number 1161019428, having its head office at 1000 de la Gauchetière
      Street West, Suite 2400, Montreal, Province of Quebec, H3B 4W5, Canada,
      represented by Jean-Jean Pelletier, duly authorized in virtue of a resolution
      of
      the sole director of the corporation dated the date of signature of these
      presents.

    

    Hereinafter
      referred to as the “vendor”

    

    AND

    

    Bruno
      ST-ONGE,
      3175
      Thibeau, Trois-Rivières, Province of Quebec, G8T 1G4 or all other person,
      company or corporation designated by him.

    

    Hereinafter
      referred to as the “purchaser”

    

    WHICH
      declare and covenant as follows:

    

    
      	
              1.

            	
              DECLARATIONS

            

    

    

    The
      vendor declares:

    

    
      	
              1.1

            	
              that
                in virtue of a sale of shares agreement entered into on July 28,
                2005,
                which copy is annexed hereto as annex A (hereinafter referred to
                as “the
                Sale of Shares Agreement”) it purchased from Gestion Bruno St-Onge, Yves
                Thériault and Bruno St-Onge one hundred percent (100%) of the shares
                issued and in circulation (hereinafter referred to as the ‘Shares”) of
                4287762
                CANADA INC.
                (hereinafter referred to as the
“Corporation”);

            

    

    

    
      	
              1.2

            	
              To
                be prepared to sell all but not less than all of the Shares of the
                Corporation.

            

    

    

    The
      purchaser declares:

    

    
      	
              1.3

            	
              To
                be prepared to acquire all but not less than all the Shares of the
                Corporation.

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

       

    

    
      	
              2.

            	
              OBJECT
                AND DESCRIPTION OF THE
                SHARES

            

    

    

    
      	
              2.1

            	
              The
                vendor promises to sell to the purchaser the Shares and the purchaser
                promises to purchase said Shares from the vendor, the whole subject
                to the
                conditions hereinafter stipulated:

            

    

    
      	
              2.1.1

            	
              The
                undertaking stipulated at paragraph 2.1 herein is conditional upon
                the
                lifting of each and every conditions provided for in the Pledge Agreement
                entered into on July 28, 2005 which copy is annexed hereto as Annex
                B
                (hereinafter referred to as the “Pledge Agreement”) and upon conferring a
                complete, final and definitive release and discharge to the vendor
                to that
                effect by the parties whom are a party to said Pledge
                Agreement;

            

    

    

    
      	
              2.1.2

            	
              The
                parties entered into an agreement for the supply and manufacture
                of
                secured spring water ice cubes duly approved by the parties
                hereto;

            

    

    

    
      	
              2.1.3

            	
              The
                purchaser is satisfied with his due
                diligence.

            

    

    

    
      	
              2.2

            	
              The
                sale is made with legal warranty, subject to the declarations or
                restrictions hereinafter provided
                for.

            

    

    

    
      	
              2.

            	
              At
                the closing date, the vendor shall remit to the purchaser the share
                certificate “A-5” representing the Shares and all other documents
                required.

            

    

    

    
      	
              3.

            	
              PURCHASE
                PRICE

            

    

    

    
      	
              3.1

            	
              The
                sale is made for a purchase price of two million seven hundred forty
                thousand dollars ($2,740,000.00) which amount is payable in cash
                on the
                day of the sale. The vendor undertakes to pay from the funds disbursed
                for
                the purchase price all amounts mentioned on the document annexed
                hereto as
                “Annex C”.

            

    

    

    
      	
              4.

            	
              DATE
                OF THE SALE

            

    

    

    
      	
              4.1

            	
              The
                sale shall take place on/or before February 15,
                2006.

            

    

    

    
      	
              5.

            	
              DECLARATIONS
                AND WARRANTIES OF THE
                VENDOR

            

    

    

    The
      vendor declares and warrants the following:

    

    
      	
              5.1

            	
              To
                the exception of the Pledge Agreement, the Shares are free and clear
                of
                all obligations.

            

    

    

    
      	
              5.2

            	
              To
                the exception of the Pledge Agreement, the Shares are not subject
                to any
                hypothecs nor any obligation restricting the rights of the vendor
                with
                respect to the exercise of the characteristics inherent to the
                Shares.

            

    

    

    
      	
              5.3

            	
              The
                Corporation was constituted pursuant to the Canadian Business Corporations
                Act and its head office is situated at 12271 Route 11, Village Blanchard,
                New-Brunswick, Canada, E8P 1R4. On the date of signature of the deed
                of
                sale, the Corporation shall provide an attestation of conformity
                and shall
                guarantee that its status with that respect has not changed since
                the
                issuance of the Certificate of
                Incorporation.

            

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    
      	
              5.4

            	
              The
                only shares of the share capital
                are:

            

    

    

    
      	
              5.4.1

            	
              Description
                of the shares

            

    

    

    
      	
              5.4.1.1

            	
              Share
                certificate A-5 of the shares of the Corporation totalling one hundred
                (100) shares.

            

    

    

    
      	
              5.5

            	
              There
                are presently no issuance of shares in process. There are no subscription
                of shares in process. There are no options in process. There are
                no
                notices to purchase or to redeem shares in process. There are no
                purchase
                or redemption of shares in process. There are no subdivision,
                consolidation, reclassification or other modification of shares described
                in its capital structure in
                process.

            

    

    

    
      	
              5.6

            	
              To
                the exception of the Pledge Agreement, no restrictions are imposed
                on the
                transfer of the Shares which would prevent the sale of the Shares.
                In
                addition, the restrictions on the transfer of Shares, if any, shall
                be
                respected in a manner in which to grant the purchaser indisputable
                title
                to the property of the sold shares.

            

    

    

    
      	
              5.7

            	
              The
                Corporation is the absolute proprietor of all the movable property
                utilized for the operating of the Business and notably the immovables,
                the
                machineries and all assets described in the annex attached hereto;
                there
                are no hypothecs, servitudes, restrictions, lease or other rights
                whatsoever which affect the movable property except for the hypothecs
                in
                favour of Gestion Bruno St-Onge Inc. and the debts which the vendor
                agreed
                to pay from the funds received in consideration of the purchase
                price.

            

    

    

    
      	
              5.8

            	
              Taking
                into consideration the normal wear and tear, all the equipment owned
                by
                the Corporation are in good working order. All the goods which constitute
                the stock have a good market value in virtue of the general accounting
                principals.

            

    

    

    
      	
              5.9

            	
              At
                the closing date, the minutes and other registers of the corporation
                shall
                accurately recur to the decisions and resolutions adopted by the
                directors
                and shareholders of the Corporation, together with any material decisions
                enacted thereat.

            

    

    

    
      	
              5.10

            	
              To
                the exception of the Pledge Agreement, there are no contracts to
                which the
                vendor or the Corporation are a party to which would prevent the
                sale of
                the Shares.

            

    

    

    
      	
              5.11

            	
              The
                Corporation has not awarded any compensation, indemnity or raised
                the
                compensation or remuneration of shareholders, directors, officers
                or
                employees, allotted bonuses or commissions, or modified in any way
                whatsoever the insurance policies, retirement or pension plans or
                other
                plan to which shareholders, directors, officers and employees would
                participate in the benefits;

            

    

    

    
      	
              5.12

            	
              The
                Corporation has not modified or agreed to modify its act of incorporation,
                its by-laws or its share capital;

            

    

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    
      	
              5.13

            	
              The
                Corporation has not hypothecated, assigned in warranty or otherwise
                affected its assets.

            

    

    

    
      	
              5.14

            	
              There
                are no legal proceedings, claims, legal measures or procedures against
                the
                Corporation or the vendor or in relation to the assets or its Property
                which may unfavourably affect in a substantial manner the Corporation,
                its
                activities or its financial situation or which could prevent the
                vendor to
                sell the shares to the purchaser. 

            

    

    

    
      	
              5.15

            	
              The
                Corporation is not a party to any contract or undertaking other than
                the
                ones contracted in the course of normal and ordinary
                business.

            

    

    

    
      	
              5.16

            	
              All
                contracts between the Corporation and its officers, executives, agents,
                consultants and advisers are likely to be terminated with a maximum
                twenty-four (24) hour prior written notice which termination will
                not give
                way to a claim in the form of a penalty or a premium, damages or
                a demand
                by an employee to be re-integrated to his
                position.

            

    

    

    
      	
              5.17

            	
              The
                Corporation is not a party to any collective bargaining agreement
                or part
                of any employment contract or service contract which would oblige
                the
                Corporation to carry out payments or to furnish certain advantages
                except
                for the ones provided for by the applicable legislation in the cases
                of
                lay-offs or employment termination.

            

    

    

    
      	
              5.18

            	
              The
                Corporation has no plan nor does it have a bonus system, gratification
                system, deferred compensation system, a profit sharing system, pension
                fund or a retirement fund. The Corporation is no way obligated, not
                for
                the present and nor is it for the future, to pay any pension whatsoever,
                deferred compensation or retirement allocation to
                whomever;

            

    

    

    
      	
              5.19

            	
              The
                Corporation insures its assets with reputable insurance brokers against
                the normal insured risk for businesses similar to the one which is
                operated by the Corporation and it is in good standing with respect
                to
                each insurance policies.

            

    

    

    
      	
              5.20

            	
              The
                Corporation is not a party to any contract with product and service
                suppliers in relation to its
                business.

            

    

    

    
      	
              5.21

            	
              The
                immovables, equipment and machinery of the Corporation are not subject
                to,
                acting
                as a lessee or lessor.
                [sic]

            

    

    

    
      	
              5.22

            	
              The
                Corporation is a resident within the meaning of the Income Tax Act
                (Canada) and within the meaning of the Income Tax Act (Quebec) and
                it has
                no intention of modifying its residence. The Corporation is principally
                controlled and administered in Canada, its existence is in good standing
                and it has the power to possess and to sell the Shares without any
                other
                formality than the ones already observed or the ones that shall be
                at the
                date of sale and afterwards until the closing
                date.

            

    

    

    
      	
              5.23

            	
              The
                information contained in the present declarations and warranties
                do not
                comprise any reluctance, any concealment likely to induce the purchaser
                in
                error with respect to the business, its movable property or assets
                or
                liabilities.

            

    

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    
      	
              5.24

            	
              The
                warranties contained in the foregoing declarations are carried out
                within
                the scope to establish the financial situation of the Corporation
                and of
                the vendor himself at the date of these presents; the warranties
                entail
                the obligation to maintain their veracity and accuracy as well as
                their
                full application until the date of sale,
                inclusively.

            

    

    

    
      	
              6.

            	
              DECLARATIONS
                AND WARRANTIES OF THE
                PURCHASER

            

    

    

    The
      purchaser declares and warrants to the vendor:

    

    
      	
              6.1

            	
              That
                he is not a ‘non-Canadian” within the meaning ascribed to this term by the
                investment Canada Act;

            

    

    

    
      	
              6.2

            	
              That
                there are no legal proceedings instituted against it which the effect
                would prevent the purchaser to purchase the Shares or to pay the
                said
                Shares in accordance with the terms provided
                herein;

            

    

    

    
      	
              7.

            	
              SURVIVAL
                OF VENDORS WARRANTIES

            

    

    

    
      	
              7.1

            	
              If,
                after the date of sale, a declaration, representation or a warranty
                of the
                vendor proves to be inaccurate and which would cause a prejudice
                for the
                purchaser or the Corporation, the
                vendor:

            

    

    

    
      	 	
              a)

            	
              undertakes
                to reimburse to the purchaser, upon simple demand the full amount
                which
                represents all losses or damages incurred by
                it.

            

    

    

    
      	 	
              b)

            	
              undertakes
                to pay to the Corporation, upon simple demand and without prejudice
                to all
                other recourses, a sufficient amount in order to reinstitute the
                Corporation in the same financial and juridical situation it would
                have
                been in if such declarations, representations or warranties would
                have
                been accurate, the vendor therefore not having any recourse against
                the
                Corporation or the purchaser following such
                payment.

            

    

    

    
      	
              7.2

            	
              The
                recourses of the purchaser or the Corporation shall cease at the
                expiry of
                a period of twelve (12) months following the signature of the deed
                of
                sale, except for the claims concerning the Income Tax of the Corporation
                and the claims concerning the declarations, representations and warranties
                and which claims will have been denounced in writing before the expiry
                of
                the delay provided for herein.

            

    

    

    
      	
              7.3

            	
              To
                the exception of the claims based on fraud, the claims against the
                vendor
                concerning Income Tax of the Corporation shall be extinguished at
                the
                expiry of the twelve (12) month period following the signature of
                the deed
                of sale if such claim has not been denounced in writing within said
                delay.

            

    

    

    
      	
              7.4

            	
              There
                shall be no time limit or prescription with respect to the Corporation
                or
                the vendor’s liability with respect to Income Tax, Consumption Taxes and
                remittances for deduction at source and based on false representations
                or
                fraud committed by the Corporation or its
                directors.

            

    

    

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

       

    

    
      	
              7.5

            	
              The
                vendor’s responsibility concerning the declarations, representations and
                warranties against which claims will have been filed in writing within
                the
                above-mentioned delays shall continue to be in effect until their
                indemnification will have been adjudicated or rejected on a definitive
                basis.

            

    

    

    
      	
              7.6

            	
              If
                the claims denounced by a third party against the Corporation or
                the
                purchaser are equivalent to a default of the vendor concerning the
                latter’s declarations, representations and warranties, the purchaser shall
                duly notify the vendor in writing at its earliest convenience. The
                vendor
                is entitled to contest such a claim at its own cost if it wishes
                to do so
                provided that the choice of its legal counsel is approved by the
                purchaser
                if the contestation is carried out in the name of the Corporation
                or of
                the purchaser. In such a case, the vendor shall furnish a guarantee
                judged
                sufficient by the purchaser which would guarantee the professional
                fees,
                judiciary and extra-judiciary fees of the legal counsel and lawyers
                until
                a final decision on said claims is rendered. Until a final decision
                on the
                contestation is rendered, all amounts owed to the vendor and owing
                by the
                latter can be deposited in trust with the trustee elected by the
                purchaser
                or the Corporation.

            

    

    

    
      	
              7.7

            	
              The
                vendor’s default to inform in writing the purchaser within twenty (20)
                days of the notice provided for in paragraph 6.6 of his undertaking
                to
                contest the claim shall permit the Corporation to require from the
                vendor
                a full reimbursement of the claim which it paid, starting from the
                end of
                said delay.

            

    

    

    
      	
              7.8

            	
              In
                the event that the fiscal authorities present a claim to the Corporation
                with respect to a period covered by the warranties of the vendor,
                the
                latter shall acquit said claim on behalf of the Corporation. Failing
                which, the Corporation shall be entitled to pay said claim and shall
                require the total and immediate reimbursement thereof. In the event
                that
                the vendor availed itself of his right to contest such claim and
                that a
                settlement or a favourable adjudication to the Corporation ensues,
                the
                purchaser shall personally guarantee that the Corporation shall reimburse
                to the vendor the amounts which the vendor will have paid to the
                purchaser
                or the amounts subject to which the Corporation will have effected
                compensation with as mentioned hereinabove, however said compensation
                shall be only to the extent of the amounts which the Corporation
                will have
                received following such settlement or
                judgment.

            

    

    

    
      	
              8.

            	
              UNDERTAKINGS
                OF THE VENDOR UNTIL THE CLOSING
                DATE

            

    

    

    
      	
              8.1

            	
              At
                all times until the closing date, the vendor, the executives of the
                Corporation and its legal counsel, its accountants, its fiscalist
                and its
                insurers shall answer, in writing, upon the purchaser’s or upon the
                purchaser’s legal counsel or upon his accountant’s demand, to all
                questions emanating from either one of the aforementioned individuals
                relating to the financial statements, communications of the executives
                of
                the Corporation and its counsel with fiscal authorities, with respect
                to
                its administration, the state of its movable property, to the operations
                and relationship with its clients and suppliers, franchisors or
                franchisees for whatever period in question, provided that said
                information is pertinent for the appreciation of the true situation
                of the
                Corporation as at the closing date.

            

    

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

       

    

    
      
        
          	
                  8.2

                	
                  At
                    the closing date, the vendor shall deposit the securities and
                    the
                    following documents duly signed and endorsed, if the case may
                    be:

                

        

      

    

    

    
      	 	
              a)

            	
              the
                original share certificates sold;

            

    

    

    
      	 	
              b)

            	
              the
                qualifying share certificate duly endorsed by the individuals to
                whom they
                are issued to, unless the presence of the aforementioned individuals
                are
                not required because they are directors of the Corporation and
                their
                letters of resignation;
                [sic]

            

    

    

    
      	 	
              c)

            	
              a
                declaration from all shareholders and all directors according to
                which no
                amounts are owed to them for any reason whatsoever, as a loan or
                advance,
                dividend or unpaid salary or for all other claim whatsoever and that
                they
                do not have any cognizance of the existence of a lawsuit and/or a
                claim;

            

    

    

    
      	 	
              d)

            	
              the
                consent of all persons which are in their right to pronounce themselves
                on
                the transfer of property of the shares which are the object of the
                sale.

            

    

    

    
      	
              9.

            	
              DEFAULT

            

    

    

    9.1 The
      debtor of an obligation provided for in the present agreement is deemed to
      be in
      default to execute such obligation by the simple lapse of time or by the expiry
      of a delay provided herein for its execution without any further delay nor
      formalities.

    

    
      	
              10.

            	
              SCOPE
                OF THE REPRESENTATIONS AND
                WARRANTIES

            

    

    

    10.1 The
      parties hereto recognize that each and every representation and warranties
      of
      the vendor including each and every of their undertakings and other conditions
      stipulated to the present agreement constitute an essential element for the
      purchaser without which the latter would not have contracted. If the
      undertakings, conditions, representations or warranties are diminished,
      contradictory or in any way whatsoever affect their value, the purchaser is
      not
      deemed to have consented to said representations and warranties or to have
      renounced to them, unless the purchaser has expressly consented or expressly
      renounced thereto in writing.

    

    
      	
              11.

            	
              TERMINATION
                CLAUSE

            

    

    

    
      	
              11.1

            	
              If
                before the closing date, one or another of the representations, warranties
                or conditions stipulated in the present agreement are inaccurate
                in that
                they are not cured by the vendor at the expiry of a thirty (30) day
                delay,
                the purchaser can at its own discretion elect to terminate the present
                agreement with a simple written notice to the vendor and in that
                case, the
                purchaser and the vendor shall be liberated of all obligations incumbent
                upon them in virtue of these
                presents.

            

    

    

    
      	
              11.2

            	
              The
                invalidity of a stipulation shall not render the present agreement
                null
                and void.

            

    

    

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

       

    

    
      	
              12.

            	
              NOTICE

            

    

    

    
      	
              12.1

            	
              All
                notices conferred in virtue of the present agreement shall be in
                writing.
                All notices or documents transmitted in virtue of these presents
                have to
                be sent to the following addresses or at any such other address in
                Quebec
                which a party hereto may designate by notice in writing so given
                to the
                other party hereto except as expressly provided to the contrary
                herein;

            

    

    

    
      	 	
              a)

            	
              for
                the purchaser:

            

    

    

    Me
      Danielle Lesieur, Notary

    20
      Mgr
      Comtois Street

    Trois-Rivières,
      Quebec

    G8T
      9B5;

    

    
      	 	
              b)

            	
              for
                the vendor:

            

    

    

    Feldman
      Rolland, s.e.n.c., Lawyers

    5
      Place
      Ville Marie

    Suite
      1108

    Montreal,
      Quebec

    H3B
      2G2

    

    
      	
              13.

            	
              GENERAL
                PROVISIONS

            

    

    

    
      	
              13.1

            	
              The
                present agreement is governed by the laws of the Province of
                Quebec.

            

    

    

    
      	
              13.2

            	
              The
                rights and obligations of the parties hereto shall bind them solidarily
                as
                well as their successors and their respect
                heirs.

            

    

    

    
      	
              13.3

            	
              The
                headings are inserted solely for the purpose of facilitating the
                references and they shall in no way be used to interpret the
                agreement.

            

    

    

    
      	
              13.4

            	
              Each
                party shall assume the payment of all commissions as well as fees
                and
                costs of their counsel and mandataries in relation with the preparation,
                negotiation and drafting of these presents and the transactions which
                are
                contemplated herein.

            

    

    

    
      	
              13.5

            	
              Any
                modification to a provision herein has to be executed in writing
                and
                signed by the parties concerned.

            

    

    

    
      	
              13.6

            	
              None
                of the parties to the present agreement can assign to whomever, fully
                or
                in part, its rights in virtue of the provisions of these presents
                (not in
                any balance of sale) without having obtained the prior written consent
                by
                the other parties concerned to that effect, under sanction of nullity,
                to
                the exception of all persons nominated by Bruno
                St-Onge.

            

    

    

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

       

    

    
      	
              13.7

            	
              The
                obligations which bind many debtors are
                solidary.

            

    

    

    
      	
              14.

            	
              ACCEPTANCE
                OF THE COVENANTS

            

    

    

    
      
        
          
            	14.1	
                    The
                      acceptance of the present covenants does not constitute a sale
                      agreement
                      between the parties.

                  

          

        

         

      

    

    
      
        
          	
                  14.2

                	
                  The
                    present agreement shall bind the parties from the moment of their
                    signature hereto, as if they would sign at the same moment or
                    starting
                    from the moment that the first signatories would have received
                    a written
                    notice of the signature of the last
                    party.

                

        

      

    

    

    IN
      WITNESS WHEREOF, THE PARTIES HAVE SIGNED THE PRESENT AGREEMENT IN FOUR COPIES
      AT
      TROIS-RIVIÈRES THIS 26TH
      OF JANUARY 2006.

     

    WATER
      BANK OF AMERICA INC.

    

    
      	 	 
	 	
              (SGD)

            
	
              Per:

            	
              ________________________________

            
	 	
              Jean-Jean
                Pelletier

            
	 	 
	 	 
	 	
              (SGD)

            
	
              _______________________________________

            
	
              BRUNO
                ST-ONGE

            

    

     

    
      
        
        

      

      
        9EXHIBIT
      10.15

    

    TRANSLATION
      FOR CONVENIENCE ONLY - NOT LEGALLY BINDING

     

    TRANSLATION

     

    LICENSE
      AGREEMENT

     

    Entered
      into

     

    Between

     

    WATER
      BANK OF AMERICA INC.

     

    And

    

    4287762
      CANADA INC.

     

    TO
      WHICH INTERVENES:

     

    ANTIROUILLE
      METROPOLITAIN CANADA LTD.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	
              BETWEEN:

            	 	
              WATER
                BANK OF AMERICA INC.,
                legal person duly incorporated pursuant to the Canada Business
                Corporations Act, having its head office at 5 Place Ville Marie,
                Suite
                1108, Montreal, Province of Quebec, H3B 2G2, herein .represented
                by Mr.
                Jean-Jean Pelletier, duly authorized as he so declares;

            
	 	 	 
	 	 	
              (hereinafter
                referred to as “WBOA”)

            
	 	 	 
	
              AND:

            	 	
              4287762
                CANADA INC.,
                legal person duly incorporated in virtue of the Canada Business
                Corporations Act, having its head office at 12271 Route 11, Village
                Blanchard, New-Brunswick, E8P 1R4, represented herein by Mr. Bruno
                St-Onge, duly authorized to act herein as he so
                declares;

            
	 	 	 
	 	 	
              (hereinafter
                referred to as “CANADA INC.”)

            
	 	 	 
	
              AND
                TO WHICH INTERVENES:

            	 	
              ANTIROUILLE
                MÉTROPOLITAIN CANADA LTÉE,
                legal person duly incorporated pursuant to the Canadian Business
                Corporations Act, having its head office at 3175 Thibeau Blvd.,
                Trois-Rivières, Province of Quebec, G8T 1G4, duly represented by Mr. Bruno
                St-Onge, duly authorized to act herein as he so
                declares;

            
	 	 	 
	 	 	
              (hereinafter
                referred to as the “INTERVENANT”)

            

    

     

    WHEREAS
      on
      February 11, 2006, WBOA sold to the INTERVENANT all but not less than all the
      shares issued and in circulation from the capital stock of CANADA
      INC.;

    

    WHEREAS
      CANADA
      INC. presently uses the logo and trade mark “Ice Rocks” which are apposed on
      water bottles of various sizes;

    

    WHEREAS
      WBOA is
      the proprietor of the trade mark “Ice Rocks” and of the logo “Ice Rocks”
(hereinafter referred to as the “INTELLECTUAL PROPERTY”) which reproduction of
      the trade mark “Ice Rocks” and its logo is annexed hereto as Annex
“A”;

    
       

      WHEREAS
        CANADA
        INC. wishes to acquire from WBOA the right to use the INTELLECTUAL PROPERTY
        and
        WBOA wishes to license to CANADA INC. the right to use the INTELLECTUAL
        PROPERTY;

       

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    WHEREAS
      the
      parties hereto recognize the essentialness to set out the terms and conditions
      relating to the use of the INTELLECTUAL PROPERTY by CANADA INC., in writing;
      

    

    WHEREAS
      CANADA
      INC. understands and appreciates the importance of the INTELLECTUAL PROPERTY
      for
      WBOA;

    

    WHEREAS
      WBOA
      committed itself in virtue of a Spring Water Supply Agreement and in virtue
      of
      an Agreement for the Manufacture of Secured Spring Water Ice Cubes and Water
      Bottles, entered into between the same parties herein on February 11, 2006,
      not
      to associate the trade mark “Ice Rocks” to its products which contain treated
      water (i.e.: water bottles and secured ice cubes containing treated
      water).

    

    THE
      PARTIES AGREE TO THE FOLLOWING:

    

    ARTICLE
      1 - PREAMBLE

    

    
      	
              1.0

            	
              The
                above-mentioned preamble shall form an integral part of the present
                Agreement.

            

    

    

    ARTICLE
      2 - DEFINITIONS

    

    
      	
              2.1

            	
              When
                utilized by the present Agreement or any modification thereof, the
                following expressions have the meaning which are attributed to them
                hereinafter:

            

    

    

    
      	 	
              2.1.1

            	
              “EFFECTIVE
                DATE” means, unless an express disposition to the contrary exists in the
                present Agreement, the date on which the last parties to these presents
                signed this Agreement;

            

    

    

    
      	 	
              2.1.2

            	
              “AGREEMENT”
                means, the present Agreement and Annex “A” attached
                hereto;

            

    

    

    
      	 	
              2.1.3

            	
              “TERM
                OF THE PRESENT AGREEMENT” means, the initial term stated at paragraph 3.1
                of these presents.

            

    

    

    ARTICLE
      3 - NOMINATION AND GRANTING OF A LICENSE

    

    
      	
              3.1

            	
              Under
                reserve of the methods enunciated in the present Agreement, WBOA
                grants to
                CANADA INC. and CANADA INC. accepts from WBOA the right and authorization
                to use the INTELLECTUAL PROPERTY on a non-exclusive basis, solely
                for the
                purpose of embottling and packing of spring water bottles of various
                sizes
                in New-Brunswick;

            

    

    

    
      	
              3.2

            	
              Under
                reserve of the provisions contained in the present Agreement, it
                is
                strictly prohibited for CANADA INC. to use the INTELLECTUAL PROPERTY
                or to
                permit its utilization or its use.

            

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    ARTICLE
      4 - TERM OF THE AGREEMENT

    

    
      	
              4.1

            	
              Subject
                to CANADA INC. not being in default in virtue of the present Agreement,
                the present Agreement shall remain in force for a period of twenty
                (20)
                years starting from the effective date and terminating on February
                11,
                2026;

            

    

    

    
      	
              4.2

            	
              In
                the event that CANADA INC. would be in default pursuant to the present
                Agreement, the present Agreement will be terminated in accordance
                with
                Article 11 of these presents. In that event, CANADA INC., will immediately
                cease using the INTELLECTUAL PROPERTY and shall convey to WBOA, in
                writing, within thirty (30) days following the sending of the notice
                provided for at Article 11 of the present Agreement, a complete inventory
                of all bottles bearing the INTELLECTUAL PROPERTY (hereinafter referred
                to
                as the “INVENTORY”). WBOA will be entitled to send a representative on
                premises in order to verify the correctness of the INVENTORY, which
                INVENTORY will have to be liquidated without
                delay.

            

    

    

    ARTICLE
      5 - RESPONSIBILITIES AND OBLIGATIONS OF CANADA INC.

    

    
      	
              5.1

            	
              CANADA
                INC. understands, recognizes and agrees that the INTELLECTUAL PROPERTY
                is
                important for WBOA. Consequently, CANADA
                INC.:

            

    

    

    
      	 	
              5.1.1

            	
              Shall
                execute its obligations pursuant to the terms of the present Agreement,
                loyally, honestly and with diligence and shall deploy all reasonable
                efforts in commerce in order to promote the INTELLECTUAL
                PROPERTY;

            

    

    

    
      	 	
              5.1.2

            	
              Shall
                utilize the INTELLECTUAL PROPERTY with care, assiduity and
                effectiveness.

            

    

    

    ARTICLE
      6 - LICENSE FEE

    

    
      	
              6.1

            	
              In
                consideration of the privileged, contractual relationship between
                the
                parties, no license fee or royalty payments to CANADA INC. shall
                be
                charged for the use of the INTELLECTUAL
                PROPERTY.

            

    

    

    ARTICLE
      7 - PROTECTION OF THE INTELLECTUAL PROPERTY

    

    
      	
              7.1

            	
              CANADA
                INC. acknowledges and declares that WBOA is the sole title holder
                of the
                rights relating to the INTELLECTUAL PROPERTY. Furthermore, CANADA
                INC.
                acknowledges that the Agreement and/or the use of the INTELLECTUAL
                PROPERTY shall not have in any circumstance, the effect of conferring
                any
                right whatsoever to CANADA INC. in the INTELLECTUAL PROPERTY except
                for
                the right to use said INTELLECTUAL PROPERTY in conformity with the
                provisions set forth in the present Agreement. CANADA INC. is prohibited
                to use a reduced or modified or abbreviated form of the INTELLECTUAL
                PROPERTY or otherwise use the INTELLECTUAL PROPERTY in a manner in
                which
                CANADA INC. conveys that it is the proprietor of the INTELLECTUAL
                PROPERTY. During the course of the term of the present Agreement,
                nor at
                any time following its termination, CANADA INC. shall not, directly
                or
                indirectly, attempt to obtain the registration of the INTELLECTUAL
                PROPERTY in whatever place in the world or attempt to lower the value
                of
                the good will pertaining to the INTELLECTUAL
                PROPERTY;

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    
      	
              7.2

            	
              Without
                limiting the scope of the foregoing, CANADA INC.
                undertakes:

            

    

    

    
      	 	
              (i)

            	
              to
                sign, be it simultaneously with the signature of the present Agreement
                or
                without delay upon WBOA’s request, all agreements and/or all documents
                which WBOA deems necessary for the protection of its interests and
                its
                rights relating to the INTELLECTUAL PROPERTY and to respect all
                legislation governing the present agreement (i.e.; laws relating
                to the
                protection of the commercial names, trade marks,
                etc.);

            

    

    

    
      	 	
              (ii)

            	
              to
                abstain from using the INTELLECTUAL PROPERTY, or any variant of the
                INTELLECTUAL PROPERTY, in a manner to integrate it in its corporate
                name
                or in its commercial designation or in any other way other than what
                is
                provided for in the present Agreement, with exception to the regulatory
                norms applicable to the contrary.

            

    

    

    
      	
              7.3

            	
              CANADA
                INC. shall use the INTELLECTUAL PROPERTY in a manner in which to
                adequately protect all of WBOA’s rights. CANADA INC. is prohibited from
                taking any measures susceptible to render the INTELLECTUAL PROPERTY
                null,
                to harm WBOA’s rights or to create rights which are opposed to those of
                WBOA;

            

    

    

    
      	
              7.4

            	
              No
                property rights in the INTELLECTUAL PROPERTY are transferred to CANADA
                INC. in virtue of the present
                Agreement;

            

    

    

    
      	
              7.5

            	
              With
                the exception of the use of the INTELLECTUAL PROPERTY as stipulated
                in the
                present Agreement, CANADA INC. shall conduct business under its own
                corporate name and conclude all contracts, banking arrangements,
                securities, documents and other acts or agreements solely under its
                own
                corporate name. CANADA INC. shall enter its own corporate name on
                all
                purchase orders, cash receipts and stationery, and shall advise each
                supplier and all other person with which it conducts business, that
                it is
                an independent contractor and that all debts incurred by it are on
                behalf
                of CANADA INC.;

            

    

    

    
      	
              7.6

            	
              If
                CANADA INC. is informed:

            

    

    

    
      	 	
              (i)

            	
              of
                the real or apprehended violation of the real or apprehended counterfeit
                of the INTELLECTUAL PROPERTY or,

            

    

    

    
      	 	
              (ii)

            	
              of
                all real or apprehended attempts by third parties with a view to
                delude or
                to enter into unfair competition with WBOA
                or,

            

    

    

    
      	 	
              (iii)

            	
              that
                a third party alleges, claims or projects to allege or claims that
                the
                INTELLECTUAL PROPERTY is likely to be a source of deception or of
                confusion in the public or,

            

    

     

    
      	 	
              (iv)

            	
              that
                a third party alleges, claims or projects to allege or claims that
                the
                INTELLECTUAL PROPERTY violates or impedes his rights in one way or
                another;

            

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    CANADA
      INC. shall immediately advise WBOA and shall communicate to the latter all
      information which it has in its possession to that effect. The parties undertake
      to consult each other mutually on the modus
      operandi
      to adopt
      in order to confront each violation or counterfeit of the INTELLECTUAL PROPERTY.
      In the event that WBOA takes the responsibility to defend or to institute the
      appropriate legal proceedings, CANADA INC. undertakes, in the name and to the
      expense of WBOA, to sign all documents and to do all things, including without
      restriction, to be party to all procedure which, in the opinion of WBOA’s
      attorneys, could be necessary to carry through the legal
      proceedings.

    

    Notwithstanding
      the foregoing, if WBOA refuses to institute legal proceedings and informs CANADA
      INC., in writing, that it has no objection that CANADA INC. institutes the
      legal
      proceedings, CANADA INC., shall have the liberty to institute said proceedings
      at its own costs. In that event, WBOA shall offer its full cooperation with
      respect to said legal proceedings. However, WBOA can, at its own cost, join
      all
      pending legal proceedings instituted by CANADA INC. if WBOA judges that the
      joining to said legal proceedings are opportune in the circumstances. In
      addition, CANADA INC. agrees that all legal proceedings instituted by it with
      a
      view to protect the INTELLECTUAL PROPERTY, at the exception of all monetary
      claims, shall be for the behalf and in the interest of WBOA. The expression
      legal proceedings utilized in the present Agreement encompasses all demand
      letters, negotiations and dispute settlements, including all arbitrations,
      as
      well as validly filed lawsuits with a competent tribunal. CANADA INC., shall,
      in
      no case have, without the written approval of WBOA, the authority to carry
      out
      the settlement or to carry through a compromise (trade off) on a question which
      could affect, attenuate, diminish or limit, in any which way whatsoever, WBOA’s
      property rights in the INTELLECTUAL PROPERTY or WBOA’s right to use the
      INTELLECTUAL PROPERTY.

    

    ARTICLE
      8 - PUBLICITY AND PROMOTION

    

    
      	
              8.1

            	
              In
                its publicity and promotion CANADA
                INC.:

            

    

    

    
      	 	
              8.1.1

            	
              Shall
                publicize and promote in a manner in which to honour the reputation
                of
                WBOA and the INTELLECTUAL PROPERTY;

            

    

    

    
      	 	
              8.1.2

            	
              Shall
                ensure that all publicity and promotional materials do not contain
                any
                false representations, that said materials respect the norms set
                out by
                the Code of Ethics governing advertising, that said promotional materials
                be in conformity with the totality of the applicable legislation
                and that
                it be compatible with the practices and promotions established at
                the
                occasion by WBOA;

            

    

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    
      	 	
              8.1.3

            	
              With
                a view to guaranteeing the foregoing, CANADA INC. shall present to
                WBOA,
                with a view to obtain its prior written approval, all publicity and
                promotional material bearing the INTELLECTUAL PROPERTY as well as
                all
                other material bearing the INTELLECTUAL PROPERTY. WBOA shall be deemed
                to
                have conveyed its required approval if CANADA INC. fails to receive
                a
                written disapproval to that effect, within thirty (30) days following
                the
                date at which WBOA receives the aforementioned
                material.

            

    

    

    ARTICLE
      9 -REPRESENTATIONS AND WARRANTIES OF WBOA

    

    
      	
              9.1

            	
              WBOA
                declares and warrants the following to CANADA
                INC.:

            

    

    

    
      	 	
              9.1.1

            	
              WBOA
                has the right to grant to CANADA INC., the license and the right
                to use
                the INTELLECTUAL PROPERTY in conformity with and subordinate to the
                other
                provisions of the present
                Agreement.

            

    

    

    ARTICLE
      10 - SALE, ASSIGNMENT, TRANSFER

    

    
      	
              10.1

            	
              The
                present Agreement shall enure to the benefit of the successors and
                ayants
                droit
                of
                WBOA;

            

    

    

    
      	
              10.2

            	
              CANADA
                INC. has no right to assign its rights and obligations pursuant to
                the
                terms of the present Agreement to any one whatsoever, except for
                its
                ayants
                droit;

            

    

    

    ARTICLE
      11 - EVENTS OF DEFAULT

    

    
      	11.1	
              The
                following events shall be deemed to be events of default and confer
                to
                WBOA the right to terminate the present Agreement by conveying to
                CANADA
                INC., a thirty (30) day written notice to that
                effect;

            

    

     

    
      	
            	11.1.1	
              If
                CANADA INC. is in default in virtue of the Spring Water Supply Agreement
                and the Manufacture of Secured Spring Water Ice Cubes and Water Bottle
                Agreement, which Agreements were both entered into on February 11,
                2006;

            

    

    

    
      	
            	11.1.2	
              If
                CANADA INC. fails to pay on the due date, any amount due pursuant
                hereto;

            

    

    

    
      	
            	11.1.3	
              If
                CANADA INC. fails to respect one or several clauses of the present
                Agreement;

            

    

    

    
      	
            	11.1.4	
              If
                CANADA INC. is declared bankrupt or insolvent by a competent Court,
                assign
                their business or all or a substantial part of their property for
                the
                benefit of their creditors, in
                general;

            

    

    

    
      	
            	11.1.5	
              If
                CANADA INC. otherwise than within the scope of an internal reorganization
                authorized in writing by WBOA proceeds with the liquidation of its
                business or all or a substantial part of its property or the winding
                up of
                its corporate entity;

            

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    
      	
            	11.1.6	
              If
                CANADA INC. avails itself of a law providing for the protection of
                insolvency or of a law relating to reorganization, arrangement,
                liquidation or any other similar law affecting the rights of creditors,
                in
                general;

            

    

    

    
      	
            	11.1.7	
              If
                CANADA INC. files a proposal within the terms of the Bankruptcy and
                Insolvency Act (Canada) or does not dispute the filing by a third
                person
                of a petition for bankruptcy within the terms of the said
                Act;

            

    

    

    
      	
            	11.1.8	
              If
                CANADA INC. requests the nomination of a trustee, liquidator or a
                receiver
                to administer or liquidate its business or all or a substantial part
                of
                its property or does not dispute the filing by a third person of
                a
                petition providing for said
                nomination;

            

    

    

    
      	
            	11.1.9	
              If
                the business of CANADA INC. or all or a substantial part of its property
                are the object of a repossession by a creditor or are under receivership
                or if a liquidator is nominated, to administer or liquidate its business
                or all of a substantial part of its property, unless said repossession,
                receivership or nomination of a liquidation is cancelled within a
                period
                of thirty (30) days;

            

    

    

    
      	
            	11.1.10	
              Without
                limiting the generality of the foregoing, if CANADA INC. violates
                one or
                several of its obligations incumbent upon it pursuant to the present
                Agreement.

            

    

    

    ARTICLE
      12 - GOVERNING LAW

    

    
      	
              12.1

            	
              This
                Agreement shall be governed by the laws in force and in effect in
                the
                Province of Quebec;

            

    

    

    ARTICLE
      13 - GENERAL PROVISIONS

    

    
      	
              13.1

            	
              The
                headings and the numbering of the provisions contained in the present
                Agreement or in its Annexes are inserted solely for the purpose of
                facilitating its reading and they shall in no way affect the
                interpretation of a provisions;

            

    

    

    
      	
              13.2

            	
              The
                parties hereby acknowledge and agree that each is an independent
                contractor, that neither party shall be considered the agent,
                representative, master or servant of the other, for any purpose
                whatsoever, and that neither party has any authority to enter into
                any
                contract, to assume any obligations, or to give any warranties or
                representations on behalf of the other party hereto. Nothing in this
                Agreement shall be construed to create a relationship of partners,
                joint
                ventures, fiduciaries, agency or any other similar relationship between
                the parties;

            

    

    

    
      	
              13.3

            	
              Except
                as expressly provided to the contrary herein, each section, term
                and
                provision of this Agreement, and any portion thereof shall be considered
                severable and if for any reason, any such provision of this Agreement
                is
                held to be invalid, contrary to, or in conflict with any applicable
                present or future law or regulation in a final, unappealable ruling
                issued
                by any Court, agency or arbitration, tribunal with competent jurisdiction
                in a proceeding to which WBOA, that ruling shall not impair the operation
                of, or have any other effect upon, such other portions of this Agreement,
                as may remain otherwise intelligible, which shall continue to be
                given
                full force and effect and bind the parties hereto. However, any portion
                held to be invalid shall be deemed not to be a part of this
                Agreement;

            

    

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    
      	
              13.4

            	
              The
                waiver by WBOA or by CANADA INC., as the case may be, of a breach
                of any
                terms or condition contained in this Agreement shall not be deemed
                to be a
                waiver of such term or condition or of any subsequent breach of the
                same
                or of any term or condition herein contained. The subsequent acceptance
                by
                WBOA of any amount payable hereunder whether by CANADA INC. or otherwise,
                shall not be deemed to be a waiver of any preceding breach of any
                term or
                condition of this Agreement, other than the failure to pay the particular
                amount so accepted, regardless of WBOA’s knowledge of such preceding
                breach at the time of acceptance of such amount. No term or condition
                of
                this Agreement shall be deemed to have been waived by WBOA or CANADA
                INC.
                unless such waiver shall be in
                writing;

            

    

    

    
      	
              13.5

            	
              The
                respect of the delays provided for in the present Agreement is an
                essential element hereto;

            

    

    

    
      	
              13.6

            	
              Each
                of the parties hereto hereby covenants and agrees to execute and
                deliver
                such further and other agreements or documents and to cause to be
                done and
                perform any further and other acts and things as may be necessary
                or
                desirable in order to give full effect to this
                Agreement;

            

    

    

    
      	
              13.7

            	
              All
                notices, consents, approvals, statements, authorizations, documents
                or
                other communications required or permitted to be given hereunder
                shall be
                in writing, and shall be delivered personally or by express courier
                to the
                said parties at their respective addresses set forth hereunder,
                namely:

            

    

    

    
      	
            	TO:	
              WBOA

              
                5
                  Place Ville Marie, bureau 1108

                Montreal,
                  Quebec H3B 2G2

              

            

    

    
    

    
      	 	 	 

      	
            	TO:	
              4287762
                CANADA INC.

              
                3175
                  Thibeau Blvd.

                Trois-Rivières,
                  Quebec G8T 1G4

              

            

    

    
    

    
      	 	 	 

      	
            	TO:	
              ANTIROUILLE
                METROPOLITAIN CANADA LTÉE

              
                3175
                  Thibeau Blvd.

                Trois-Rivières,
                  Quebec G8T 1G4

              

            

    

    
      
         

        Or
          at any
          such other address or addresses as the interested party may designate by
          notice,
          in writing, so given to the other party hereto, as provided herein
          before;

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

    

    

    
      	
              13.8

            	
              This
                Agreement, the documents referred to therein or annexed hereto constitute
                the entire, full and complete agreement between WBOA and CANADA INC.,
                concerning the subject matter hereof and supercede all prior agreements.
                Each of the parties acknowledges that no other representations have
                been
                made or have induced either of the parties to execute this Agreement
                and
                there are no representations, inducements, promises or agreements,
                oral or
                otherwise, between the parties not embodied herein which are of any
                force
                or effect with reference to this Agreement or otherwise. No amendment,
                change or variant from this Agreement shall be binding on either
                party
                unless executed in writing;

            

    

    

    
      	
              13.9

            	
              All
                rights, remedies and recourses of the parties pursuant to this Agreement
                are cumulative and not alternative to all of its other rights, recourses
                and remedies hereunder, under any other agreement between the parties,
                at
                law or in equity;

            

    

    

    
      	
              13.10

            	
              Subject
                to the restrictions on assignment contained in this present Agreement,
                this Agreement shall enure to the benefit of and be binding upon
                the
                parties and their respective heirs, executors, administrators, successors
                and assigns;

            

    

    

    
      	
              13.11

            	
              Neither
                party shall be liable to the other for such parties failure to perform
                its
                obligations hereunder if such failure is due to a case of force
                majeure
                beyond the reasonable control of such
                party.

            

    

    

    ARTICLE
      14 - INTERVENTION

    

    
      	
              14.1

            	
              The
                INTREVENANT hereby intervenes hereto in order to attest that it has
                taken
                cognizance of the present Agreement and that it is in accordance
                with the
                terms and conditions contained
                thereto.

            

    

    

    IN
      WITNESS WHEREOF, THE PARTIES HERETO HAVE SIGNED THIS AGREEMENT:

    

    At
      Trois-Rivières, this 11th
      day of
      the month of February 2006.

    

    WATER
      BANK OF AMERICA INC.

     

    (SGD) 

    
      
        

      

    

    Per:
      Jean-Jean Pelletier, Administrator

    duly
      authorized as he so declares

     

     

    4287762
      CANADA INC.

     

    (SGD)

    
      

    

    Per:
      Bruno St-Onge, Administrator

    duly
      authorized as he so declares

    

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    

    ANTIROUILLE
      METROPOLITAIN CANADA LTÉE

     

    (SGD)

    
      
Per:
      Bruno St-Onge, Administrator

    duly
      authorized as he so declares

     

    Document
      annexed to the undersigned notary’s minute #13 737

    after
      having been recognized as true, correct and signed for

    identification
      purposes in the presence of the undersigned notary.

    

    (SGD)
      Jean Jean Pelletier

    (SGD)
      Bruno St-Onge

    (SGD)
      Bruno St-Onge

    (SGN)
      Notary Danielle Lesieur 

    

    
      
        
        

      

      
        11

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]