Document:

Exhibit 10.4

                     S H A R E   P L E D G E   A G R E E M E N T

PLEDGOR:                   TELEPLUS CONNECT CORP.

SECURED PARTIES:           JAMES R. FAIRHEAD IN TRUST
                           TOM HARDS IN TRUST
                           STEVE KEREKES IN TRUST
                           PAUL CHAPMAN IN TRUST
                           JACQUES PILON IN TRUST
                           TOM DAVIS IN TRUST
                           ALAN R. PURSER IN TRUST
                           ARNOLD McAULEY IN TRUST

CORPORATION:               TELIZON INC.

ESCROW AGENT:              PURSER, DOOLEY LLP

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                             SHARE PLEDGE AGREEMENT

PARTIES

         Pledgor:

                  Name:             TELEPLUS CONNECT CORP.
                  Address:          465 St-Jean, Suite 601
                                    Montreal, Quebec H2Y 2R6
                  Facsimile:        905-947-8234

         Secured Parties:

                  Name:             JAMES R. FAIRHEAD IN TRUST
                                    TOM HARDS IN TRUST
                                    STEVE KEREKES IN TRUST
                                    PAUL CHAPMAN IN TRUST
                                    JACQUES PILON IN TRUST
                                    TOM DAVIS IN TRUST
                                    ALAN R. PURSER IN TRUST
                                    ARNOLD McAULEY IN TRUST
                  Address:          c/o Purser, Dooley LLP
                                    151 Ferris Lane, Suite 300
                                    Barrie, Ontario L4M 6C1
                  Facsimile:        705-792-6911

         Corporation:

                  Name:             TELIZON INC.
                  Address:          85 Bayfield Street, Suite 300
                                    Barrie, Ontario L4M 3A7
                  Facsimile:        705-725-7045

         Escrow Agent:

                  Name:             PURSER, DOOLEY LLP
                  Address:          151 Ferris Lane, Suite 300
                                    Barrie, Ontario L4M 6C1
                  Facsimile:        705-792-6911

EFFECTIVE DATE

         as of July                 , 2005

WHEREAS:

      a)    pursuant to the provisions of a certain share purchase agreement
            dated as of the 30th day of June, 2005 between the Secured Parties
            as vendors and the Pledgor (the "Agreement"), the Pledgor acquired
            nine (9) common shares, being all of the issued and outstanding
            common shares in the Corporation (the "Shares");

      b)    as part of the consideration to be paid for the Purchased Shares,
            the Pledgor has authorized, executed and delivered in favour of the

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            Secured Parties a certain promissory note (the "Promissory Note")
            dated July , 2005 in the principal amount of Five Million Nine
            Hundred Eighty Three Thousand One Hundred Seventy Eight Dollars
            ($5,983,178.);

      c)    the Secured Parties and the Pledgor have agreed to enter into this
            Agreement to provide the Secured Parties with a remedy should the
            Pledgor not honour its obligations pursuant to the provisions of the
            Promissory Note by having the Shares deposited with the Escrow Agent
            and dealt with as provided in this Agreement; and

      d)    Escrow Agent, as escrow agent, is agreeable to maintaining in escrow
            the Purchased Shares and to make them or the proceeds thereof
            available to the parties hereto under the terms and conditions of
            this agreement.

1.    Grant of Security Interest

      For valuable consideration (the receipt and sufficiency of which each of
the parties hereto hereby acknowledges) the Pledgor hereby grants to the Secured
Parties security interests (to which the Personal Property Security Act
(Ontario), R.S.O. 1990 c.P.10, as amended from time to time (the "PPSA")
applies) in and grants, mortgages and charges and by way of a fixed and specific
mortgage and charge to and in favour of the Secured Parties, all of the
Pledgor's right, title and interest in and to the Shares, all pursuant to and in
accordance with the provisions of this Agreement.

2. Secured Obligations

      The security interests, mortgages and charges granted hereby secure the
payment to the Secured Parties of all obligations, debts and liabilities
pursuant to the Promissory Note, (the "Obligations").

      Upon payment in full of all amounts due and owing pursuant to the
Promissory Note, the Escrow Agent shall forthwith deliver the Shares to the
Pledgor.

3. Attachment

      Each of the parties acknowledges and confirms that it intends that the
security interests, mortgages and charges granted hereby shall attach forthwith
upon the Effective Date with respect to the Shares.

      For greater certainty, without in any way limiting the above, the parties
acknowledge and confirm that they have not agreed to postpone the time for
attachment of the said security interests, mortgages and charges.

4. Perfection

      Subject to the last paragraph in this Section 4, in furtherance of the
security interests, mortgages and charges hereby granted to the Secured Parties,
the Pledgor agrees that contemporaneously with the execution of this Agreement,
it shall deliver the following to the Escrow Agent upon the terms hereof
(collectively the "Share Documents"):

      (a)   the relevant share certificate(s) representing all of the Shares,
            duly registered in the name of the Pledgor, and duly endorsed in
            blank for transfer hereunder or accompanied by a duly executed stock
            transfer power of attorney and noting conspicuously on the face
            thereof that they are subject to this Agreement;

      (b)   a transfer in blank of the Shares duly executed by the Pledgor, the
            Pledgor hereby giving the Secured Parties the authority to complete
            the said transfer on its behalf upon the occurrence of an Event of
            Default (defined below), so long as such Event of Default is
            continuing;

      (c)   a blank share transfer power of attorney; and

      (d)   certified copies of resolutions of the directors of the Corporation
            approving the hypothecation and pledge of the Shares to the Secured

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            Parties, the notation of the Secured Parties interest on the
            relevant share certificate(s) and in the shareholder ledgers of the
            Corporation, any further transfers of the Shares made pursuant to
            this Agreement, and the recording of same in the books and records
            of the Corporation.

The Escrow Agent acknowledges and agrees that it shall hold the Shares hereby
delivered to it solely in accordance with the terms of this Agreement and that
it will not at any time dispose, encumber, deal with or take any action with
respect to the Shares except as provided in this Agreement.

5. Right to Vote

      So long as no Event of Default has occurred hereunder and is continuing,
the Pledgor shall be entitled to remain as shareholder of record of the Shares
and to exercise all voting rights in respect of the Shares.

6. Right to Dividends, Etc.

      So long as no Event of Default has occurred hereunder and is continuing,
the Pledgor shall be entitled to receive all dividends and other distributions
paid or payable in respect of the Shares. In the event that the Pledgor receives
any dividend or other distribution contrary to the foregoing it shall stand
possessed of same in trust solely for the Secured Parties and shall forthwith
pay or deliver the same to the Secured Parties to be applied in accordance with
paragraph 14.

7. Pledgor's Warranties

      The Pledgor hereby represents and warrants to and covenants with the
Secured Parties as follows and acknowledges that the Secured Parties are, in
part, relying upon such representations, warranties and covenants in accepting
the security interest granted upon the terms of this Agreement:

      (a)   Ownership of Shares: The Pledgor is the absolute and beneficial
            owner of the Shares and none of the Shares are held in the name of
            any person other than the Pledgor, whether as agent, trustee or
            other nominee for the Pledgor, the Shares are recorded in the name
            of the Pledgor in the shareholder ledgers and registers in the
            Corporation's minute book.

      (b)   No Encumbrances: The Shares are owned by the Pledgor with good and
            marketable title thereto and they are and shall at all times be kept
            free and clear of any and all mortgages, hypothecs, pledges, claims,
            adverse claims, demands, liens, charges, security interests,
            encumbrances, agreements, rights and equities of any kind whatsoever
            other than those given by the Pledgor to or in favour of the Secured
            Parties.

      (c)   Right to Grant: The Pledgor has and shall at all relevant times have
            the full right, power and authority to enter into and perform its
            obligations under this Agreement and to grant the security interest
            as herein provided.

      (d)   No Agreements or Options: No person, firm or corporation, other than
            the Secured Parties, has any agreement or option (whether written or
            oral) or any right or privilege (whether by law, pre-emptive or
            contractual) capable of becoming an agreement or option for the
            purchase of the Shares or any interests therein or rights thereto.

      (e)   No Litigation: There is not pending any suit, action or other legal
            proceeding of any sort either to restrain or otherwise prevent in
            any manner the Pledgor from effectually and legally hypothecating
            and pledging the Shares to the Secured Parties free and clear of any
            and all mortgages, hypothecs, pledges, claims, adverse claims,
            demands, liens, charges, security interests, encumbrances,
            agreements, rights and equities of any kind whatsoever or any suit,
            action or proceeding the effect of which would be to cause a lien to
            attach to the Shares or to divest title to the Shares in any manner
            whatsoever.

<PAGE>

      (f)   Release of Shares for Merger and Acquisition Transactions:
            Notwithstanding the provisions hereof, but subject to the provisions
            of Subsection 8(b), the Secured Parties will not unreasonably delay,
            condition or withhold the release of the Shares in the event the
            Pledgor requests that the Secured Parties release such Shares in
            connection with a sale, merger, reorganization, or other similar
            event of the Pledgor (or its affiliated companies) and the Pledgor
            or a third party agrees to provide the Secured Parties with fair
            consideration for such release.

8.    Covenants of the Pledgor and the Corporation

      The Pledgor and the Corporation covenant and agree with the Secured
Parties that:

      (a)   No Transfers or Encumbrances: The Pledgor shall not either directly
            or indirectly (including by way of corporate reorganization,
            amalgamation or otherwise) sell, transfer, convey, assign, exchange,
            convert or in any manner dispose of, pledge or in any manner
            encumber any of the Shares without the prior written consent of the
            Secured Parties, except as expressly permitted or required elsewhere
            herein.

      (b)   Substituted or Additional Shares: In the event any substituted or
            additional shares in the capital of the Corporation are received or
            acquired (directly or indirectly) by or on behalf of the Pledgor,
            whether as a result of a share issuance, subdivision, consolidation,
            conversion, reclassification, stock dividend, transfer, sale,
            reorganization, amalgamation or otherwise (the "Substituted or
            Additional Shares"), the Pledgor shall stand possessed of the
            Substituted or Additional Shares in trust for the Secured Parties
            and shall forthwith deliver to the Secured Parties the certificate
            or certificates representing the Substituted or Additional Shares
            together with certified copies of the resolutions of the directors
            of the Corporation approving the hypothecation and pledge thereof to
            the Secured Parties whereupon the Secured Parties shall hold and
            deal with the Substituted or Additional Shares and the certificate
            or certificates evidencing the same as the Shares.

      (c)   No Additional Shares Issued: During the currency of this Agreement,
            the Corporation shall not, without the prior written consent of the
            Secured Parties, issue any additional shares of any class (other
            than the Shares) in the capital of the Corporation whether by way of
            a share issuance, subdivision, consolidation, conversion,
            reclassification, stock dividend, transfer, sale, reorganization,
            amalgamation or otherwise.

9. Escrow Agent

      (a)   Escrow Agent shall keep the Shares in a safe place on premises owned
            or leased by it in the City of Barrie and shall deal with the Shares
            only in accordance with the terms and conditions of this Agreement.

      (b)   Escrow Agent shall not, by reason of its signing this Agreement,
            assume any responsibility or liability for any transaction between
            Pledgor and the Secured Parties other than the performance of its
            obligations in accordance with this Agreement. In no event shall
            Escrow Agent be liable to Pledgor and the Secured Parties, or to any
            other party for consequential, special or incidental damages. The
            party on whose behalf, or pursuant to whose direction Escrow Agent
            acts, shall indemnify and hold harmless Escrow Agent from any and
            all liability, damages, costs or expenses, including reasonable fees
            that shall be sustained or incurred by Escrow Agent as a result of
            taking such action except for damages, costs or expenses resulting
            from the gross negligence of the Escrow Agent. Pledgor shall also
            indemnify and hold harmless Escrow Agent from any and all liability,
            damages, costs or expenses, including reasonable fees, incurred by
            Escrow Agent as a result of a third party claiming that Escrow Agent
            is in wrongful possession of the Shares.

<PAGE>

      (c)   Escrow Agent may retain such independent counsel or other advisor as
            it may reasonably require for the purpose of discharging its duties
            hereunder, and may act on the advice or opinion so obtained. The
            reasonable fees, expenses or disbursements for any such counsel or
            other advisors so retained shall be borne equally by Pledgor and the
            Secured Parties.

      (d)   In the exercise of its rights, duties and obligations hereunder,
            Escrow Agent may rely as to the truth of the statements and the
            accuracy of the opinions expressed therein and shall be protected in
            acting upon any resolution, direction, statutory declaration,
            opinion, report, notice, certificate or other paper or document
            reasonably believed by it to have been signed, sent or presented by
            or on behalf of the proper parties. However, Escrow Agent may in its
            discretion require reasonable evidence of the due execution thereof
            before acting or relying thereon.

      (e)   Upon receipt of a statutory declaration of one or more of the
            Secured Parties confirming that an Event of Default has occurred,
            the Escrow Agent shall deliver to the Secured Parties the Share
            Documents.

10. Rights and Remedies - PPSA

      In the event the Pledgor fails to make payment of principal or interest
pursuant to the Promissory Note after five (5) business days notice of default
is provided to the Pledgor (an "Event of Default"), the security interests,
mortgages and charges granted herein shall be enforceable and the Pledgor and
the Secured Parties shall have, in addition to any other rights and remedies
provided by law, the rights and remedies of a debtor and a secured party
respectively under the PPSA and those provided by this Agreement.

11. Additional Rights and Remedies

      In addition and without limitation, upon an Event of Default that is
continuing, the Secured Parties shall be entitled to possession and beneficial
ownership of the Shares and shall be entitled to retransfer the Shares into
their own names and enjoy all of the benefits associated with ownership of the
Shares. The Secured Parties shall also thereupon be entitled to retain the
portion of the purchase price for the Shares heretofore received by them and the
Pledgor shall be fully released and discharged from any and all liability or
payment of the remaining Obligations as evidenced by the Promissory Note.

12. Expenses

      The reasonable costs and expenses expressly provided for in the PPSA in
respect of the enforcement of the Obligations, including taking possession,
custody, holding, preserving, protecting, repairing, using or operating,
collecting, realizing, processing, preparing for disposition and disposing of
the Shares (collectively, the "Expenses") shall be payable by the Pledgor to the
Secured Parties forthwith upon demand.

13. Mode of Disposition - PPSA

      The Secured Parties may dispose of the Shares by a private sale or public
auction or tender at any place and time whatsoever and in such manner and at
such price as the Secured Parties may reasonably determine, either for cash or
on credit, or for part cash and part credit. The Secured Parties may postpone
any sale prior to the date thereof and may sell the Shares as a whole or in
parcels and if in parcels in such order and manner as the Secured Parties may
reasonably determine.

14. Proceeds of Disposition

      Any proceeds of any disposition of any of the Shares shall be applied by
the Secured Parties firstly on account of the Expenses, and any balance of such
proceeds shall be applied by the Secured Parties on account of the Obligations
(other than the Expenses) in such order of application as the Secured Parties
may from time to time effect and the same shall not be subject to dispute by the
Pledgor.

<PAGE>

15. General Provisions

      (a)   Discharge: The security interests, mortgages and charges granted
            hereby shall be released upon the full payment and performance of
            the Obligations, at which time the Secured Parties shall, at no cost
            to the Pledgor, deliver to the Pledgor the relevant share
            certificate(s) representing all of the Shares duly endorsed in blank
            for transfer, all other documents held by the Secured Parties
            pursuant to this Agreement, and all necessary discharges and
            releases of the security interests, mortgages and charges granted
            hereby.

      (b)   Waiver, etc.: No failure or delay on the part of the Secured Parties
            to exercise any right provided for in or contemplated by this
            Agreement and no waiver as to an Event of Default hereunder shall
            operate as a waiver thereof unless made in writing and signed by the
            Secured Parties and, in that event, such waiver shall operate only
            as a waiver of the right or Event of Default expressly referred to
            therein. Nothing in this Agreement and nothing referred to in the
            Obligations shall preclude any other remedy by action or otherwise
            for the enforcement of this Agreement or the payment and performance
            in full of the Obligations.

      (c)   Entire Agreement: This Agreement sets forth the entire intent and
            understanding of the parties relating to the subject-matter hereof
            and supersedes and replaces all prior agreements and commitments,
            whether written or oral, made between the parties and all earlier
            discussions and negotiations between them. The parties are not
            relying upon and there are no collateral or other representations,
            warranties, agreements, or covenants made by any of the parties
            hereto which are not contained herein.

      (d)   No Amendment: This Agreement may not be amended, altered or
            qualified except by a memorandum in writing signed by all of the
            parties hereto and any amendment, alteration or qualification hereof
            shall be null and void and shall not be binding upon any party who
            has not signed such memorandum.

      (e)   Further Assurances: Each of the parties hereto shall and will, from
            time to time and at all times hereafter upon every reasonable
            written request so to do, cause such meetings to be held,
            resolutions passed and by-laws enacted, exercise its vote and
            influence, make, do, execute and deliver, or cause to be made, done,
            executed and delivered, all such further papers, acts, deeds,
            assurances and things as may be necessary or desirable in the
            opinion of any party or counsel for any party, acting reasonably,
            for implementing and carrying out more effectually the true intent
            and meaning of this Agreement including, without limitation, to
            perfect or better perfect the security interests, mortgages and
            charges of the Secured Parties in the Shares or any part thereof.

      (f)   Headings: All headings and titles in this Agreement are for
            convenience of reference only and shall not affect the
            interpretation of the terms hereof.

      (g)   Gender, etc.: In construing this Agreement, all words and personal
            pronouns relating thereto shall be read and construed as the number
            and gender of the party or parties referred to in each case require,
            and the verb agreeing therewith shall be construed as agreeing with
            the required word and pronoun. Words such as "hereunder", "hereto",
            "hereof", "herein", and other words commencing with "here", shall
            unless the context clearly indicates the contrary, refer to the
            whole of this Agreement and not to any particular paragraph or part
            thereof.

      (h)   Severability: In the event that any covenant or provision contained
            in this Agreement is held to be invalid, illegal or unenforceable in
            whole or in part, the validity, legality and enforceability of the
            remaining covenants and provisions shall not be affected or impaired
            thereby and all such remaining covenants and provisions shall
            continue in full force and effect. All covenants and provisions
            hereof are declared to be separate and distinct covenants or
            provisions, as the case may be.

<PAGE>

      (i)   Time of Essence: Time shall be strictly of the essence of this
            Agreement and of every part thereof and no extension or variation of
            this Agreement shall operate as a waiver of this provision.

      (j)   Governing Law: This Agreement shall be governed in all respects
            exclusively by the laws of the Province of Ontario, and the laws of
            Canada, as applicable.

      (k)   Notice: Any notice required or desired to be given hereunder or
            under any instrument supplemental hereto shall be in writing and may
            be given by personal delivery, by facsimile or other means of
            electronic communication or by sending the same by registered mail,
            postage prepaid, to the Pledgor, Secured Parties, Corporation or to
            the Escrow Agent at their respective addresses set out above and, in
            the case of electronic communication, to the facsimile numbers set
            out above. Any notice so delivered shall be conclusively deemed
            given when personally delivered and any notice sent by facsimile or
            other means of electronic transmission shall be deemed to have been
            delivered on the Business Day following the sending of the notice,
            and any notice so mailed shall be conclusively deemed given on the
            third Business Day following the day of mailing, provided that in
            the event of a known disruption of postal service, notice shall not
            be given by mail. Any address for notice or payments herein referred
            to may be changed by notice in writing given pursuant hereto.

            Notwithstanding the foregoing, if the PPSA requires that notice be
            given in a special manner, then such notice or communication shall
            be given in such manner.

      (l)   Pledgor's Receipt: The Pledgor hereby acknowledges receipt of a
            fully signed copy of this Agreement.

This Agreement shall become effective when it is signed by the Pledgor.

                [REMAINDER OF THIS PAGE LEFT INTENTIONALLY BLANK]

<PAGE>

      IN WITNESS WHEREOF the Pledgor has executed this Agreement under its seal
and agrees to be bound thereby as of the Effective Date set out above.

Executed by Pledgor on July                  , 2005

                                             TELEPLUS CONNECT CORP.

                                                    /s/ Marius Silvasan
                                             Per:
                                                 ------------------------------
                                             Name: Marius Silvasan
                                             Title: President

Executed by Secured Parties on July          , 2005

Alan R. Purser In Trust                         Arnold McAuley In Trust

        /s/ Alan R. Purser                              /s/ Arnold McAuley
Per:                                            Per:
------------------------------------            -------------------------------
         Alan R. Purser                                  Arnold McAuley

Jacques Pilon In Trust                          James R. Fairhead In Trust

        /s/ Jacques Pilon                               /s/ James R. Fairhead
Per:                                            Per:
------------------------------------            -------------------------------
         Jacques Pilon                                   James R. Fairhead

Paul Chapman In Trust                           Steve Kerekes In Trust

        /s/ Paul Chapman                                /s/ Steve Kerekes
Per:                                            Per:
------------------------------------            -------------------------------
         Paul Chapman                                    Steve Kerekes

Tom Davis In Trust                              Tom Hards In Trust

        /s/ Tom Davis                                   /s/ Tom Hards
Per:                                            Per:
------------------------------------            -------------------------------
         Tom Davis                                       Tom Hards

<PAGE>

      The undersigned acknowledges the execution of the within agreement by the
Pledgor and agrees to give full force and effect to the terms thereof.

      IN WITNESS WHEREOF the undersigned has executed this Agreement under its
seal and agrees to be bound thereby as of the Effective Date set out above.

                                             TELIZON INC.

                                                  /s/ Marius Silvasan
                                             Per:_______________________c/s
                                             Name: Marius Silvasan
                                             Title: Chief Executive Officer

                  The undersigned Escrow Agent has executed this Agreement and
agrees to be bound thereby.

                                             PURSER, DOOLEY LLP

                                                     /s/ Alan R. Purser
                                             Per:___________________________
                                                      Alan R. PurserExhibit 10.5

                            SHARE PURCHASE AGREEMENT

MEMORANDUM OF AGREEMENT made as of the 30th day of June, 2005

A M O N G

      JAMES FAIRHEAD, STEVE KEREKES and TOM DAVIS, each individuals resident in
      the Province of Ontario (hereinafter referred to as the "Vendors")
                                                               OF THE FIRST PART

      - and -

      TELEPLUS CONNECT CORP., a corporation incorporated under the laws of the
      Province of Ontario (hereinafter referred to as the "Purchaser")
                                                              OF THE SECOND PART

      - and -

      1500536 ONTARIO INC., a corporation incorporated under the laws of the
      Province of Ontario (hereinafter referred to as the "Corporation")
                                                               OF THE THIRD PART

WHEREAS the authorized capital of the Corporation consists of an unlimited
number of Class A, Class B and Class C common shares of which 100 Class A, 100
Class B and 100 Class C common shares have been issued and are outstanding as
fully paid and non-assessable shares, all of which are owned by the Vendors;

AND WHEREAS the Purchaser has agreed with the Vendors to purchase the 300 issued
and outstanding shares in the capital stock of the Corporation owned by the
Vendors;

THIS AGREEMENT WITNESSETH that in consideration of the covenants, agreements,
warranties and payments herein set out and provided for, the parties hereto
hereby respectively covenant and agree as follows:

1. Purchased Shares

      Subject to the terms and conditions hereof, the Vendors covenant and agree
to sell, assign, and transfer to the Purchaser and the Purchaser covenants and
agrees to purchase from the Vendors all (and not less than all) of the issued
and outstanding shares in the capital stock of the Corporation owned by the
Vendors (the "Purchased Shares") for the purchase price (the "Purchase Price")
payable as set out in Article 2 hereof.

2. Purchase Price

      (1)   The Purchase Price shall be the sum of One Million Dollars
            ($1,000,000.) of lawful money of Canada.

      (2)   The Purchase Price shall be payable to or to the order of the
            Vendors by certified cheques as follows:

            (d)   Three Hundred Eighty Three Thousand One Hundred Seventy Eight
                  Dollars ($383,178.) shall be paid to the Vendors at the Time
                  of Closing by certified cheque or bank draft payable to or to
                  the order of the Vendors at the Time of Closing as hereinafter
                  defined;

<PAGE>

            (e)   Two Hundred Twenty Four Thousand Two Hundred Ninety Eight
                  Dollars and Seventy Two Cents ($224,298.72.) shall be paid to
                  the Vendors by certified cheque or bank draft to or to the
                  order of the Vendors in twenty four (24) equal principal
                  installments in the amount of Nine Thousand Three Hundred
                  Forty Five Dollars Seventy Eight Cents ($9,345.78) each
                  commencing August 1, 2005 to and including July 1, 2007;

            (f)   Two Hundred Twenty Four Thousand Two Hundred Ninety Nine
                  Dollars ($224,299.) shall be paid to the Vendors by certified
                  cheque or bank draft payable to or to the order of the Vendors
                  on or before July 1, 2006; and

            (g)   One Hundred Sixty Eight Thousand Two Hundred Twenty Four
                  Dollars and Twenty Eight Cents ($168,224.28) shall be paid to
                  the Vendors by certified cheque or bank draft payable to or to
                  the order of the Vendors on or before July 1, 2007.

      (3)   The balance of the Purchase Price not paid on closing in the amount
            of Six Hundred Sixteen Thousand Eight Hundred Twenty Two Dollars
            ($616,822.) shall be evidenced by a promissory note authorized,
            executed and delivered by the Purchaser in favour of the Vendors,
            (the "Promissory Note").

      (4)   The obligation of the Purchaser under the Promissory Note shall be
            guaranteed by the Corporation (the "Guarantee") and as security for
            the Guarantee the Corporation shall in addition authorize, execute
            and deliver in favour of the Vendors a general security agreement
            (the "General Security Agreement") in form and content satisfactory
            to the solicitors for the Vendors and in respect of which a
            financing statement shall be filed pursuant to the provisions of the
            Personal Property Security Act of the Province of Ontario in first
            position.

      (5)   The Promissory Note shall be additionally secured by a pledge of the
            Purchased Shares authorized, executed and delivered by the Purchaser
            in favour of the Vendors in a form and content satisfactory to the
            solicitors for the Vendors (the "Pledge Agreement"). The Pledge
            Agreement shall stipulate that until default pursuant to the
            provisions of the Promissory Note, the Purchased Shares may be voted
            by the Purchaser, and any dividends authorized and issued by the
            Corporation shall be directed to the Purchaser. Upon default under
            the Promissory Note which remains uncured, the Purchased Shares
            shall be returned to the Vendors in full satisfaction of such
            default and that portion of the Purchase Price previously paid shall
            be forfeited as liquidated damages and not as a penalty.

3. Closing Arrangements

      (1)   The closing of this transaction shall take place at 10:00 a.m.
            (local time)(the "Time of Closing") at the offices of Messrs.
            Purser, Dooley LLP Barristers and Solicitors, located at 151 Ferris
            Lane, Suite 300, Barrie, Ontario, on or before July 8, 2005 (the
            "Closing Date").

      (2)   On the Closing Date, upon fulfillment of all the conditions set out
            herein, the Vendors shall deliver to the Purchaser the certificates
            representing all the Purchased Shares duly endorsed in favour of the
            Purchaser.

4. Representations and Warranties of the Vendors

      The Vendors jointly and severally covenant, represent and warrant as
follows as of the date hereof and as of the Closing Date and they acknowledge
that the Purchaser is relying upon such covenants, representations and
warranties in connection with the purchase by the Purchaser of the Purchased
Shares:

      (1)   The Corporation is a corporation is duly incorporated, validly
            existing and in good standing under the laws of the Province of

<PAGE>

            Ontario. The Corporation has all necessary corporate power and
            authority to own or lease its properties, to carry on its business
            as now being conducted by it, to enter into this agreement and to
            perform its obligations hereunder.

      (2)   The authorized capital of the Corporation consists of an unlimited
            number of Class A, Class B and Class C common shares of which 100
            Class A, 100 Class B and 100 Class C common shares have been duly
            issued for an aggregate purchase price of Three Hundred Dollars
            ($300.) and are outstanding as fully paid and non-assessable shares.

      (3)   The shareholders of record of the Corporation are as follows:

            James Fairhead - 100 Class A common shares
            Steve Kerekes - 100 Class B common shares
            Tom Davis - 100 Class C common shares

            and such shares are owned by the Vendors, are held with good and
            marketable title, free and clear of all mortgages, liens, charges,
            security interests, adverse claims, pledges, encumbrances and
            demands whatsoever. All rights and powers to vote the Purchased
            Shares are held exclusively by the Vendors. The delivery of the
            Purchased Shares to the Purchaser pursuant to the provisions hereof
            will transfer to the Purchaser valid title thereto, free and clear
            of all encumbrances.

      (4)   No person, firm or corporation has any agreement or option or any
            right (whether by law, pre-emptive or contractual and including
            convertible securities, warrants or convertible obligations of any
            nature) for the purchase or the issue of either the Purchased Shares
            or any unissued shares in the capital stock of the Corporation.

      (5)   The entering into of this agreement and the transactions
            contemplated hereby will not result in the violation of the articles
            or by-laws of the Corporation or any indenture or other agreement,
            written or oral, to which any of the Vendors or the Corporation may
            be a party.

      (6)   This agreement has been duly executed and delivered by each of the
            Vendors and is a valid and binding obligation of each of the Vendors
            enforceable in accordance with its terms.

      (7)   None of the Vendors is a non-resident within the meaning of the
            Income Tax Act (Canada).

      (8)   To the Vendors' knowledge, there are no existing or threatened legal
            actions or claims against the Corporation.

      (9)   There are no liens, charges or encumbrances of any kind whatsoever
            on the assets of the Corporation.

5. Covenants of the Vendors

      The Vendors covenant and agree with the Purchaser that on or before the
Closing Date, they will do or will cause to be done the following:

      (1)   all necessary steps and proceedings to permit all of the Purchased
            Shares to be duly and validly transferred to the Purchaser shall
            have been taken by the Vendors and the Corporation; and

      (2)   the existing directors of the Corporation shall resign as directors
            and officers of the Corporation in favour of nominees of the
            Purchaser, such resignations to be effective as at the Closing Date.

<PAGE>

6. Covenants of the Purchaser

      The Purchaser covenants and agrees with the Vendors that upon closing of
the purchase and sale of the Purchased Shares contemplated by this agreement, it
shall cause the Corporation to cease using the Vendors' trade-name and
trade-mark, "One Bill".

7. Securities Law Compliance Certificates.

      Each Vendor who is an officer of the Corporation agrees and covenants
that, from time to time subsequent to the Closing Date, such officer shall
provide to the Purchaser such certificates regarding the conduct of the Business
and/or financial information of the Corporation prior to the Closing as the
Purchaser may reasonably require from such officer to enable the Purchaser's
Chief Executive Officer and Chief Financial Officer (and such other executive
officers of the Purchaser) to execute and deliver such certificates (the
"Officers' Certificates") as they are required to execute and file with the
Securities Exchange Commission under Sarbanes-Oxley Act of 2002 (or such other
legislative or regulatory requirements as may be adopted) when such Officers'
Certificates include or, in whole or in part, are based upon the conduct of the
Business and/or the financial information of the Corporation prior to the
Closing. Each Vendor who is an officer of the Corporation agrees that this
Covenant shall survive for a period of six (6) years from the Closing Date or
for such longer period as may be required by applicable Law.

8. Purchaser's Condition

      On or before the Closing Date, the Purchaser shall have concluded and
closed satisfactory financing arrangements to fund the transaction contemplated
by this Agreement.

9. Survival of Representations and Warranties

      The representations and warranties of the Vendors and the Purchaser
contained in this agreement and contained in any document or certificate given
pursuant hereto shall survive the closing of the purchase and sale of the
Purchased Shares herein provided for, for a period of one (1) year from the
Closing Date.

10. Indemnification

      The Vendors hereby jointly and severally indemnify and save the
Corporation, the Purchaser and their respective shareholders, directors,
officers, employees and agents harmless of and from any cause or claim arising
with respect to the Corporation or its activities prior to the Closing Date. The
Vendors shall remain liable to defend at their expense any such actions or
claims that may arise with respect to the Corporation or its activities,
concerning the time period prior to the Closing Date. Such indemnity is
conditional upon the Purchaser not entering into any claim or action in an
adverse position to the Vendors.

11. Notices

      Any notice, direction or other instrument required or permitted to be
given to the Vendors hereunder shall be in writing and may be given by mailing
the same postage prepaid or delivering the same addressed to the Vendors at:

         85 Bayfield Street, Suite 300
         Barrie, Ontario  L4M 3A7

      Any notice, direction or other instrument required or permitted to be
given to the Purchaser or the Corporation hereunder shall be in writing and may
be given by mailing the same postage prepaid or delivering the same addressed to
the Purchaser or the Corporation at:

         85 Bayfield Street, Suite 300
         Barrie, Ontario  L4M 3A7

      Any notice, direction or other instrument aforesaid if delivered, shall be
deemed to have been given or made on the date on which it was delivered or if
mailed, shall be deemed to have been given or made on the fifth business day
following the day on which it was mailed.

<PAGE>

12. Costs

      (1)   The parties hereto agree that there are no broker's or finder's fees
            due or payable with respect to this transaction.

      (2)   Each of the parties hereto shall pay its own legal, accounting and
            other costs and expenses associated with this transaction and this
            agreement.

      (3)   The Purchaser shall be responsible for all expenses and costs in
            connection with the Corporation from and after the Closing Date, and
            to legal actions and claims as set forth in Section 8 hereof, for
            which the Vendors have assumed liability hereunder.

13. Entire Agreement

      This agreement constitutes the entire agreement between the parties
hereto. There are not and shall not be any verbal statements, representations,
warranties, undertakings or agreements between the parties hereto and this
agreement may not be amended or modified in any respect except by written
instrument signed by the parties hereto.

14. Proper Law of Contract

      This agreement shall be construed and enforced in accordance with, and the
rights of the parties shall be governed by, the laws of the Province of Ontario.
Each of the parties hereto hereby irrevocably submits and attorns to the
jurisdiction of the courts of the Province of Ontario.

15. Benefit and Binding Nature of the Agreement

      This agreement shall enure to the benefit of and be binding upon the
parties hereto and their respective successors and assigns.

      IN WITNESS WHEREOF this agreement has been executed by the parties hereto.

                                   /S/ JAMES FAIRHEAD
----------------------------       -----------------------------
Witness                            JAMES FAIRHEAD

                                   /S/ STEVE KEREKES
----------------------------       -----------------------------
Witness                            STEVE KEREKES

                                   /S/ TOM DAVIS
----------------------------       -----------------------------
Witness                            TOM DAVIS

<PAGE>

                              TELEPLUS CONNECT CORP.

                                       /s/ Marius Silvasan
                              Per:                                        c/s
                                  ----------------------------------------
                                       Marius Silvasan President

                              I have the authority to bind the Corporation

                              1500536 ONTARIO INC.

                                      /s/ Tom Davis
                              Per:                                        c/s
                                  ----------------------------------------
                                  Tom Davis - President

                                     /s/ Steve Kerekes
                              Per:
                                  ----------------------------------------
                                  Steve Kerekes - Secretary-Treasurer
                              We have the authority to bind the Corporation

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