Document:

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                                                                  EXHIBIT (10)a.

                              AMENDED AND RESTATED
                      GENESCO EMPLOYEE STOCK PURCHASE PLAN
                     (AS AMENDED EFFECTIVE OCTOBER 1, 2005)

                                   ARTICLE I.
                                  INTRODUCTION

      1.1   ESTABLISHMENT OF PLAN

      Genesco Inc., a Tennessee corporation ("Genesco") with principal offices
located in Nashville, Tennessee, adopts the following employee stock purchase
plan for its eligible employees, effective on October 1, 1995, as amended
effective October 1, 2005, subject to Section 3.1. This Plan shall be known as
the Genesco Employee Stock Purchase Plan.

      1.2   PURPOSE

      The purpose of this Plan is to provide an opportunity for eligible
employees of the Employer to become shareholders in Genesco. It is believed that
broad-based employee participation in the ownership of the business will help to
achieve the unity of purpose conducive to the continued growth of the Employer
and to the mutual benefit of its employees and shareholders.

      1.3   QUALIFICATION

      This Plan is intended to be an employee stock purchase plan which
qualifies for favorable Federal income tax treatment under Section 423 of the
Code and is intended to comply with the provisions thereof, including the
requirement of Section 423(b)(5) of the Code that all Employees granted options
to purchase Shares under the Plan have the same rights and privileges with
respect to such options.

      1.4   RULE 16b-3 COMPLIANCE

      This Plan is intended to comply with Rule 16b-3 under the Securities
Exchange Act of 1934, and should be interpreted in accordance therewith.

                                  ARTICLE II.
                                  DEFINITIONS

      As used herein, the following words and phrases shall have the meanings
specified below:

      2.1   CLOSING MARKET PRICE

      The last sale price of the Shares as reported on the New York Stock
Exchange on the date specified or, if no sales occurred on such day, on the most
recent day when sales occurred; but if there should be any material alteration
in the present system of reporting sales prices of such

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Shares, or if such Shares should no longer be listed on the New York Stock
Exchange, the market value of the Shares as of a particular date shall be
determined in such a method as shall be specified by the Plan Administrator.

      2.2   CODE

      The Internal Revenue Code of 1986, as amended from time to time.

      2.3   CONTRIBUTION ACCOUNT

      The account established on behalf of a Participant to which shall be
credited the amount of the Participant's contribution, pursuant to Article V.

      2.4   EMPLOYEE

      Each employee of an Employer (a) who is not a Highly Compensated employee
as described in Code Section 414(q), (b) who is not a Statutory Insider, and (c)
whose customary employment by the Employer is greater than 20 hours per week and
greater than five months per year.

      2.5   EMPLOYER

      Genesco or any corporation (i) which is a Subsidiary of Genesco, (ii)
which is authorized by the Board of Directors to adopt this Plan with respect to
its Employees, and (iii) which adopts this Plan. The term "Employer" shall
include any corporation into which an Employer may be merged or consolidated or
to which all or substantially all of its assets may be transferred, provided
such corporation does not affirmatively disavow this Plan.

      2.6   EXERCISE DATE

      The last trading date of the Plan Year on the New York Stock Exchange.

      2.7   EXERCISE PRICE

      The price per share of the Shares to be charged to Participants at the
Exercise Date, as determined in Section 6.3.

      2.8   FIVE-PERCENT SHAREHOLDER

      An Employee who owns five percent or more of the total combined voting
power or value of all classes of stock of Genesco or any Subsidiary thereof. In
determining this five percent test, shares of stock which the Employee may
purchase under outstanding options, as well as stock attributed to the Employee
under Section 424(d) of the Code, shall be treated as stock owned by the
Employee in the numerator, but shares of stock which may be issued under options
shall not be counted in the total of outstanding shares in the denominator.

      2.9   GRANT DATE

      The first trading day on the New York Stock Exchange on or after October 1
of each year.

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      2.10  PARTICIPANT

      Any Employee of an Employer who has met the conditions for eligibility as
provided in Article IV and who has elected to participate in the Plan.

      2.11  PLAN

      The Genesco Employee Stock Purchase Plan.

      2.12  PLAN ADMINISTRATOR

      The committee composed of one or more individuals to whom authority is
delegated by Genesco's board of directors to administer the Plan. The Plan
Administrator shall initially be the Compensation Committee of Genesco's board
of directors.

      2.13  PLAN YEAR

      The Plan Year shall be coterminous with the fiscal year of Genesco. The
enrollment year shall be the first day of October and ending on the last day of
September in the following calendar year. The initial enrollment year commenced
on October 1, 1995.

      2.14  SHARES

      Those shares of common stock of Genesco which are reserved pursuant to
Section 6.1 for issuance upon the exercise of options granted under this Plan.

      2.15  STATUTORY INSIDER

      Any individual subject to Section 16(a) of the Securities Exchange Act of
1934, as amended, and any other person so designated by resolution of the Board
of Directors.

      2.16  SUBSIDIARY

      Any corporation (other than Genesco) in an unbroken chain of corporations
beginning with Genesco if, at the time of the granting of the option, each of
the corporations other than the last corporation in the chain owns stock
possessing 50% or more of the combined voting power of all classes of stock in
one of the other corporations in such chain.

                                  ARTICLE III.
                              SHAREHOLDER APPROVAL

      3.1   SHAREHOLDER APPROVAL OF PLAN

      If the Plan is not approved by the shareholders of Genesco before October
1, 1995, it shall not take effect.

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      3.2   SHAREHOLDER APPROVAL FOR CERTAIN AMENDMENTS

      Without the approval of the shareholders of Genesco, no amendment to this
Plan shall:

      (i)   increase the number of Shares reserved under the Plan, other than as
            provided in Section 10.3;

      (ii)  make participation in the Plan available to any person who is not an
            Employee; or

      (iii) make participation in the Plan available to employees or any
            corporation other than Genesco or any Subsidiary which adopts the
            Plan.

      Approval by shareholders must comply with applicable provisions of the
corporate charter and bylaws of Genesco, and with Tennessee law prescribing the
method and degree of shareholder approval required for issuance of corporate
stock or options.

                                  ARTICLE IV.
                          ELIGIBILITY AND PARTICIPATION

      4.1   CONDITIONS

      Each Employee shall become eligible to become a Participant on October 1,
1995 or any October 1 thereafter if such Employee has been employed by the
Employer for a continuous period of at least six months prior to such date. No
Employee who is a Five-Percent Shareholder shall be eligible to participate in
the Plan. Notwithstanding anything to the contrary contained herein, no
individual who is not an Employee shall be granted an option to purchase Shares
under the Plan.

      4.2   APPLICATION FOR PARTICIPATION

      Each Employee who becomes eligible to participate shall be furnished a
summary of the Plan and an enrollment form. If such Employee elects to
participate hereunder, he shall complete such form and file it with his Employer
no later than the next September 15. The completed enrollment form shall
indicate the amount of Employee contribution authorized by the Employee. If no
new enrollment form is filed by a Participant in advance of any Plan Year after
the initial Plan Year, that Participant shall be deemed to have elected to
continue to participate with the same contribution previously elected (subject
to the limit of 15% of base pay).

      4.3   DATE OF PARTICIPATION

      All Employees who elect to participate shall be enrolled in the Plan
commencing with the first paydate after the October 1 following their submission
of the enrollment form. Upon becoming a Participant, the Participant shall be
bound by the terms of this Plan, including any amendments whenever made.

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                                   ARTICLE V.
                              CONTRIBUTION ACCOUNT

      5.1   EMPLOYEE CONTRIBUTIONS

      The enrollment form signed by each Participant shall authorize the
Employer to deduct from the Participant's compensation an after-tax amount in an
exact number of dollars during each payroll period which may not be less than
five dollars ($5.00) nor more than 15% of the Participant's base pay on the
October 1 on which his enrollment is effective. The term "base pay" shall be
determined before subtracting any of the Employee's contributions to the Genesco
401(k) plan and the Flexible Spending Accounts Plan. The dollar amount deducted
on each paydate shall be credited to the Participant's Contribution Account. No
interest will accrue on any contributions or on the balance in a Participant's
Contribution Account. The Company's obligations to Participants with respect to
the Contributions under the Plan are unfunded and unsecured and Participants,
their heirs and Legal Representatives are unsecured general creditors with no
legal rights or claims to any particular assets of the Company.

      5.2   MODIFICATION OF CONTRIBUTION RATE

      No change shall be permitted in a Participant's amount of withholding
except upon October 1, and then only if the Participant files a new enrollment
form with the Employer at least 15 days in advance of such date designating the
desired withholding rate; except that a Participant may notify the Employer at
any time (except during the period from September 15 through September 30) that
he wishes to discontinue his contributions. This notice shall be in writing and
on such forms as provided by the Employer and shall become effective as of a
date provided on the form not more than 30 days following its receipt by the
Employer. If a Participant discontinues his or her participation in the Plan,
the Participant may withdraw his or her account balance or leave the account
balance in the Plan and his or her election to purchase for such enrollment year
shall remain in effect. If the election to purchase is not subsequently
withdrawn and the Participant does not terminate employment, the account balance
will be applied to the purchase of Shares on the Exercise Date.

      5.3   WITHDRAWAL OF CONTRIBUTIONS

      A Participant may elect to withdraw the balance of his Contribution
Account at any time during the Plan Year prior to the Exercise Date (except
during the period from September 15 through September 30). The option granted to
a Participant shall be canceled upon his withdrawal of the balance in his
Contribution Account. The election to withdraw must be in writing on such forms
as may be provided by the Employer. No further contributions may be made with
respect to a Plan Year in which a withdrawal occurs.

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                                  ARTICLE VI.
                        ISSUANCE AND EXERCISE OF OPTIONS

      6.1   RESERVED SHARES OF STOCK

      Genesco has reserved 1,000,000 Shares for issuance upon exercise of the
options granted under this Plan. Subject to adjustment pursuant to Section 10.3,
the aggregate number of Shares which may be purchased by Participants pursuant
to options granted under the Plan shall not exceed the number of Shares reserved
hereunder. Shares may, however, be originally issued by Genesco or purchased by
Genesco on the open market, in the discretion of the Plan Administrator.

      6.2   ISSUANCE OF OPTIONS

      On the Grant Date each Participant shall be deemed to receive an option to
purchase a number of Shares at an Exercise Price determined as provided in this
Article VI.

      6.3   DETERMINATION OF EXERCISE PRICE

      The Exercise Price of the options granted under this Plan for any Plan
Year shall be ninety-five percent (95%) of the Closing Market Price of the
Shares on the Exercise Date.

      6.4   PURCHASE OF SHARES

      On an Exercise Date, all of the options which were granted on the previous
Grant Date and which have not subsequently been canceled pursuant to the
provisions of the Plan shall be automatically exercised. The Contribution
Account of each Participant shall be used to purchase the number of whole Shares
determined by dividing the Exercise Price into the balance of the Participant's
Contribution Account. Any money remaining in a Participant's Contribution
Account representing a fractional share shall remain in his Contribution Account
to be used in the next Plan Year along with new contributions in the next Plan
Year; provided, however, that if the Participant does not enroll for the next
Plan Year, the balance remaining shall be returned to him in cash.

      6.5   TERMS OF OPTIONS

      Options granted under this Plan shall be subject to such amendment or
modification as the Plan Administrator shall deem necessary to comply with any
applicable law or regulation, including but not limited to Section 423 of the
Code, and shall contain such other provisions as the Plan Administrator shall
from time to time approve and deem necessary.

      6.6   LIMITATIONS ON OPTIONS

      The options granted hereunder are subject to the following limitations:

      (a)   The maximum number of Shares which may be purchased by any
            Participant on an Exercise Date shall be equal to the lesser of

            (i)   2,000 shares, or

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            (ii)  $10,000 divided by the Closing Market Price on the Grant Date
                  in that Plan Year.

            The maximum number of Shares as determined above shall be adjusted
            upon the occurrence of an event described in Section 10.3.

      (b)   No option may be granted to a Participant if immediately after the
            option is granted the Participant would be a Five-Percent
            Shareholder.

      (c)   No Participant may assign, transfer or otherwise alienate any
            options granted to him under this Plan, otherwise than by will or
            the laws of descent and distribution, and such options may be
            exercised during the Participant's lifetime only by him.

      6.7   PRO-RATA REDUCTION OF OPTIONED SHARES

      If the total number of Shares to be purchased under option by all
Participants on an Exercise Date exceeds the number of Shares remaining
authorized for issuance under Section 6.1, a pro-rata allocation of the Shares
available for issuance will be made among the Participants in proportion to
their respective Contribution Account balances on the Exercise Date, and any
money remaining in the Contribution Accounts shall be returned to the
Participants.

      6.8   STATE SECURITIES LAWS

      Notwithstanding anything to the contrary contained herein, the Company
shall not be obligated to issue Shares to any Participant if to do so would
violate any State securities law applicable to the sale of Shares to such
Participant. In the event that the Company refrains from issuing Shares to any
Participant in reliance on this Section, the Company shall return to such
Participant the amount in such Participant's Contribution Account that would
otherwise have been applied to the purchase of Shares.

                                  ARTICLE VII.
                          TERMINATION OF PARTICIPATION

      7.1   TERMINATION OF EMPLOYMENT

      Any Employee whose employment with the Employer is terminated during the
Plan Year for any reason except death, disability or retirement at or after age
55 shall cease being a Participant immediately. The balance of that
Participant's Contribution Account shall be paid to such Participant as soon as
practical after his termination. The options granted to such Participant shall
be canceled as of the date of termination.

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      7.2   DEATH

      If a Participant should die while employed by the Employer, no further
contributions on behalf of the deceased Participant shall be made. The legal
representative of the deceased Participant may elect to withdraw the balance in
such Participant's Contribution Account by notifying the Employer in writing
prior to the Exercise Date in the Plan Year during which the Participant died
(except during the period from September 15 through September 30). In the event
that no election to withdraw is made on or before the September 15 preceding the
Exercise Date, the balance accumulated in the deceased Participant's
Contribution Account shall be used to purchase Shares in accordance with Section
6.4. Any money remaining which is insufficient to purchase a whole Share shall
be paid to the legal representative.

      7.3   RETIREMENT

      If a Participant should retire from the employment of the Employer at or
after attaining age 55, no further contributions on behalf of the retired
Participant shall be made. The Participant may elect to withdraw the balance in
his Contribution Account by notifying the Employer in writing prior to the
Exercise Date in the Plan Year during which the Participant retired (except
during the period from September 15 through September 30). In the event that no
election to withdraw is made on or before the September 15 preceding the
Exercise Date, the balance accumulated in the retired Participant's Contribution
Account shall be used to purchase Shares in accordance with Section 6.4, and any
money remaining which is insufficient to purchase a whole Share shall be paid to
the retired Participant.

      7.4   DISABILITY

      If a Participant should terminate employment with the Employer on account
of disability, as determined by reference to the definition of "disability" in
the Employer's long-term disability plan, no further contributions on behalf of
the disabled Participant shall be made. The Participant may elect to withdraw
the balance in his Contribution Account by notifying the Employer in writing
prior to the Exercise Date in the Plan Year during which the Participant became
disabled (except during the period from September 15 through September 30). In
the event no election to withdraw is made on or before the September 15
preceding the Exercise Date, the balance accumulated in the disabled
Participant's Contribution Account shall be used to purchase Shares in
accordance with Section 6.4, and any money remaining which is insufficient to
purchase a whole Share shall be paid to the disabled Participant.

                                 ARTICLE VIII.
                               OWNERSHIP OF SHARES

      8.1   SHARE OWNERSHIP; FORM

      The Shares purchased by a Participant on an Exercise Date shall, for all
purposes, be deemed to have been issued and/or sold at the close of business on
such Exercise Date. Prior to that time, none of the rights or privileges of a
shareholder of Genesco shall inure to the Participant with respect to such
Shares. All the Shares purchased under the Plan shall be delivered by the
Company in the manner determined by the Plan Administrator.

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      The Plan Administrator, in its sole discretion, may determine that the
Shares shall be delivered by (i) issuing and delivering to the Participant a
certificate for the number of Shares purchased by such Participant on an
Exercise Date, (ii) issuing and delivering a certificate or certificates for the
number of Shares purchased by all Participants on an Exercise Date to a member
firm of the New York Stock Exchange which is also a member of the National
Association of Securities Dealers, as selected by the Plan Administrator from
time to time, which Shares shall be maintained by such member firm in separate
brokerage accounts for each Participant or (iii) issuing and delivering a
certificate or certificates for the number of Shares purchased by all
Participants on an Exercise Date to a bank or trust company or affiliate
thereof, as selected by the Plan Administrator from time to time, which Shares
shall be maintained by such Bank or trust company or affiliate in separate
accounts for each Participant. Each certificate or account, as the case may be,
may be in the name of the Participant or, if the Participant designates on the
form prescribed by the Plan Administrator, in the Participant's name jointly
with another individual, with the right of survivorship. Such designation may be
changed by filing notice thereof.

      8.2   PREMATURE SALE OF SHARES

      If a Participant (or former Participant) sells or otherwise disposes of
any Shares obtained under this Plan prior to two years after the Grant Date of
the option under which such shares were obtained, that Participant (or former
Participant) must notify the Employer immediately in writing concerning such
disposition.

      8.3   TRANSFER OF OWNERSHIP

      A Participant who purchases Shares under this Plan shall be transferred at
such time substantially all of the rights of ownership of such Shares in
accordance with the Treasury Regulations promulgated under Section 423 of the
Code as in effect on the effective date of this restatement of the Plan. Such
rights of ownership shall include the right to vote, the right to receive
declared dividends, the right to share in the assets of the Employer in the
event of liquidation, the right to inspect the Employer's books and the right to
pledge or sell such Shares subject to the restrictions in the Plan.

                                  ARTICLE IX.
                          ADMINISTRATION AND AMENDMENT

      9.1   ADMINISTRATION

      The Plan Administrator shall (i) administer the Plan and keep records of
the Contribution Account balance of each Participant, (ii) interpret the Plan,
and (iii) determine all questions arising as to eligibility to participate,
amount of contributions permitted, determination of the Exercise Price, and all
other matters of administration. The Plan Administrator shall have such duties,
powers and discretionary authority as may be necessary to discharge the
foregoing duties, and may delegate any or all of the foregoing duties to any
individual or individuals (including officers of Genesco or other Employees who
are Participants). The Board of Directors shall have the right at any time and
without notice to remove or replace any individual or committee of individuals
serving as Plan Administrator. All determinations by the Plan Administrator
shall be

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conclusive and binding on all persons. Any rules, regulations, or procedures
that may be necessary for the proper administration or functioning of this Plan
that are not covered in this Plan document shall be promulgated and adopted by
the Plan Administrator.

      9.2   AMENDMENT

      The board of directors of Genesco may at any time amend the Plan in any
respect, including termination of the Plan, without notice to Participants. If
the Plan is terminated, all options outstanding at the time of termination shall
be immediately canceled and the balance in each Participant's Contribution
Account shall be paid to that Participant. Notwithstanding the foregoing, no
amendment of the Plan as described in Article III shall become effective until
and unless such amendment is approved by the shareholders of Genesco.

                                   ARTICLE X.
                                  MISCELLANEOUS

      10.1  EXPENSES

      The Employer will pay all expenses of administering this Plan that may
arise in connection with the Plan.

      10.2  NO CONTRACT OF EMPLOYMENT

      Nothing in this Plan shall be construed to constitute a contract of
employment between an Employer and any Employee or to be an inducement for the
employment of any Employee. Nothing contained in this Plan shall be deemed to
give any Employee the right to be retained in the service of an Employer or to
interfere with the right of an Employer to discharge any Employee at any time,
with or without cause, regardless of the effect which such discharge may have
upon him as a Participant of the Plan.

      10.3  ADJUSTMENT UPON CHANGES IN SHARES

      The aggregate number of Shares reserved for purchase under the Plan as
provided in Section 6.1, and the calculation of the Exercise Price as provided
in Section 6.3, shall be adjusted by the Plan Administrator (subject to
direction by the Board of Directors) in an equitable manner to reflect changes
in the capitalization of Genesco, including, but not limited to, such changes as
result from merger, consolidation, reorganization, recapitalization, stock
dividend, dividend in property other than cash, stock split, combination of
shares, exchange of shares and change in corporate structure. If any adjustment
under this Section 10.3 would create a fractional share or a right to acquire a
fractional share, such fractional share shall be disregarded and the number of
shares available under the Plan and the number of shares covered under any
options granted pursuant to the Plan shall be the next lower number of shares,
rounding all fractions downward.

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      10.4  EMPLOYER'S RIGHTS

      The rights and powers of any Employer shall not be affected in any way by
its participation in this Plan, including but not limited to the right or power
of any Employer to make adjustments, reclassifications, reorganizations or
changes of its capital or business structure or to merge or to consolidate or to
dissolve, liquidate or sell, or transfer all or any part of its business or
assets.

      10.5  LIMIT ON LIABILITY

      No liability whatever shall attach to or be incurred by any past, present
or future shareholders, officers or directors, as such, or Genesco or any
Employer, under or by reason of any of the terms, conditions or agreements
contained in this Plan or implied therefrom, and any and all liabilities of any
and all rights and claims against Genesco, an Employer, or any shareholder,
officer or director as such, whether arising at common law or in equity or
created by statute or constitution or otherwise, pertaining to this Plan, are
hereby expressly waived and released by every Participant as a part of the
consideration for any benefits under this Plan; provided, however, no waiver
shall occur, solely by reason of this Section 10.5, of any right which is not
susceptible to advance waiver under applicable law.

      10.6  GENDER AND NUMBER

      For the purposes of the Plan, unless the contrary is clearly indicated,
the use of the masculine gender shall include the feminine, and the singular
number shall include the plural and vice versa.

      10.7  GOVERNING LAW

      The validity, construction, interpretation, administration and effect of
this Plan, and any rules or regulations promulgated hereunder, including all
rights or privileges of any Participants hereunder, shall be governed
exclusively by and in accordance with the laws of the State of Tennessee, except
that the Plan shall be construed to the maximum extent possible to comply with
Section 423 of the Code and the Treasury regulations promulgated thereunder.

      10.8  HEADINGS

      Any headings or subheadings in this Plan are inserted for convenience of
reference only and are to be ignored in the construction of any provisions
hereof.

      10.9  SEVERABILITY

      If any provision of this Plan is held by a court to be unenforceable or is
deemed invalid for any reason, then such provision shall be deemed inapplicable
and omitted, but all other provisions of this Plan shall be deemed valid and
enforceable to the full extent possible under applicable law.

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      IN WITNESS WHEREOF, Genesco Inc. has adopted this amended and restated
Plan effective October 1, 2005.

Date:  August 24, 2005                      GENESCO INC.

                                            By: /s/ Hal N. Pennington
                                                -----------------------------
                                            Name: Hal N. Pennington
                                            Title:  Chairman, President & CEO

ATTEST:

/s/ Roger G. Sisson
------------------

                                       12<PAGE>

                                                                  Exhibit 10.1

THIS AGREEMENT RELATES TO AN OFFERING OF SECURITIES IN AN OFFSHORE TRANSACTION
TO PERSONS WHO ARE NOT U.S. PERSONS (AS DEFINED HEREIN) PURSUANT TO REGULATION S
("REGULATION S") UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE
"1933 ACT").

NONE OF THE SECURITIES TO WHICH THIS AGREEMENT RELATES HAVE BEEN REGISTERED
UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO
REGISTERED, NONE MAY BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED
STATES OR TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT IN ACCORDANCE WITH THE
PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION
FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
LAWS.

                            FIFTH AMENDMENT AGREEMENT
                          TO CREDIT FACILITY AGREEMENT

THIS FIFTH AMENDMENT AGREEMENT is dated for reference the 21st day of August
2005,

AMONG:

         MFC MERCHANT BANK S.A., a bank organized under the laws of Switzerland
         (hereinafter, the "Lender")

AND:

         MYMETICS CORPORATION, a corporation organized under the laws of the
         State of Delaware (hereinafter, the "BORROWER")

AND:

         MFC BANCORP LTD., a corporation continued under the laws of the
         Province of British Columbia (hereinafter, the "GUARANTOR")

WHEREAS:

A. The Lender agreed to make the Credit Facility available to the Borrower
pursuant to and in accordance with the terms of an amended and restated credit
facility agreement dated for reference the 28th day of February, 2003 among the
Lender, the Borrower and the Guarantor (the "FEBRUARY 28, 2003 AGREEMENT");

B. The Lender, the Borrower and the Guarantor agreed to amend the February 28,
2003 Agreement pursuant to and in accordance with the terms of an amendment
agreement dated for reference July 9, 2003, to provide for: (i) the extension of
the Maturity Date of the Credit Facility to December 15, 2003; and (ii) an
increase in the principal amount of the Credit Facility; and

<PAGE>

C. The Lender, the Borrower and the Guarantor agreed to amend the February 28,
2003 Agreement pursuant to and in accordance with the terms of an amendment
agreement dated for reference July 30, 2003, to provide for: (i) an increase in
the principal amount of the Credit Facility; and (ii) conversion of the Credit
Facility from a term credit facility maturing on December 15, 2003 to a demand
credit facility; and

D. The Lender, the Borrower and the Guarantor agreed to amend the February 28,
2003 Agreement pursuant to and in accordance with the terms of an amendment
agreement dated for reference December 31, 2004, to provide for: (i) an increase
in the principal amount of the Credit Facility; and (ii) conversion of the
Credit Facility from a demand credit facility to a credit facility maturing on
March 31, 2005 regarding Euro 200'000, on June 30, 2005 regarding Euro 300'000,
on September 30, 2005 regarding Euro 400'000 and on December 31, 2005, regarding
the remaining balance; and

E. The Lender, the Borrower and the Guarantor agreed to amend the February 28,
2003 Agreement pursuant to and in accordance with the terms of an amendment
agreement dated for reference February 16th 2005, to provide for: (i) the
extension of the Maturity Date of the Credit Facility; and (ii) the possibility
to convert all or part of the Credit Facility into common shares of the
Borrower, all on the terms and conditions set out therein,

F. The Lender, the Borrower and the Guarantor have agreed to further amend the
February 28, 2003 Agreement to provide for the extension of the maturity date of
the 1st repayment of the Credit Facility to December 31, 2005; all on the terms
and conditions set out herein (the February 28, 2003 Agreement, as amended by
the July 9, 2003, the July 30, 2003, the December 31, 2004 and the February
16th, 2005 amendment agreement and hereby, is referred to as the "CREDIT
AGREEMENT"),

NOW THEREFORE THIS AGREEMENT WITNESSETH THAT, in consideration of the premises
and the covenants contained herein the parties hereto agree as follows:

1.       DEFINED TERMS. Terms used as defined terms herein and not otherwise
         defined have the meanings given to them in the Credit Agreement.

2.       EXTENSION OF MATURITY AND REPAYMENT OF THE CREDIT FACILITY.

         Without affecting the validity of Sections 3.1 (a), 3.1 (b) and 3.1 (c)
         added to the Credit Agreement with amendment dated for reference
         February 16th 2005, which shall remain in full force and effect,
         Section 3.1 of the Credit Agreement is deleted in its entirety and
         replaced with the following:

         "SECTION 3.1. PAYMENTS. 1st repayment shall be on December 31, 2005,
the borrower shall repay Euro 500'000.--. 2nd repayment of Euro 400'000.--shall
be on June 30, 2006. Final repayment of the remaining open balance shall occur
on December 31, 2006 (the "PAYMENT

                                       2
<PAGE>

DATE"). On the Payment Date, the Borrower shall pay to the Lender all amounts
outstanding under the Credit Facility, including all principal, Interest and
other Obligations accruing due there under."

3. CONTINUED PERFECTION AND FURTHER SECURITY. The Borrower and the Guarantor
covenant and agree to take such actions and execute and deliver to the Lender
such further agreements, conveyances, deeds and other documents and instruments
as the Lender shall reasonably request for the purpose of establishing,
perfecting, preserving and protecting the Security and any additional security
given to the Lender to secure the obligations of the Borrower and the Guarantor
under the Credit Agreement, including, without limitation, the additional
security and amended Security Documents contemplated by Section 4.1 of the
Credit Agreement, in each case forthwith upon request therefor by the Lender and
in form and substance reasonably satisfactory to the Lender.

4. REPRESENTATIONS AND WARRANTIES OF THE LENDER. The Lender represents and
warrants to the Borrower (which representations and warranties shall survive the
closing of the transactions contemplated in this Agreement), with the intent
that the Borrower will rely thereon in entering into this Agreement, that the
Lender:

         (a) is not a U.S. Person (as such term is defined in Regulation S of
         the 1933 Act) and will not be acquiring any common shares of the
         Borrower for the account or benefit of, directly or indirectly, any
         U.S. Person;

         (b) is outside the United States when receiving and executing this
         Agreement; and

         (c) will be acquiring the common shares of the Borrower for investment
         only and not with a view to resale or distribution and, in particular,
         the Lender has no intention to distribute either directly or indirectly
         any of the common shares of the Borrower in the United States or to
         U.S. Persons, except in compliance with the registration provisions of
         the 1933 Act or an exemption therefrom.

5. ACKNOWLEDGEMENTS OF THE LENDER. The Lender acknowledges and agrees that:

         (a) the common shares of the Borrower have not been registered under
         the 1933 Act, or under any state securities or "blue sky' laws of any
         state of the United States, and, unless so registered, may not be
         offered or sold in the United States or, directly or indirectly, to
         U.S. Persons, except in accordance with the provisions of Regulation S,
         pursuant to an effective registration statement under the 1933 Act, or
         pursuant to an exemption from, or in a transaction not subject to, the
         registration requirements of the 1933 Act and in each case only in
         accordance with any applicable securities laws;

         (b) offers and sales of any of the common shares of the Borrower, prior
         to the expiration of a period of one year after the date of issuance of
         such common shares of the Borrower (the "DISTRIBUTION COMPLIANCE
         PERIOD'), shall only be made in compliance with the safe harbor
         provisions set forth in Regulation S, pursuant to the registration
         provisions of the 1933 Act or an exemption therefrom, and that all
         offers and sales after the Distribution Compliance Period shall be made
         only in compliance with the registration provisions of

                                       3
<PAGE>

         the 1933 Act or an exemption therefrom and in each case only in
         accordance with all applicable securities laws;

         (c) the Lender shall not to engage in any hedging transactions
         involving the common shares of the Borrower, prior to the end of the
         Distribution Compliance Period unless such transactions are in
         compliance with the provisions of the 1933 Act;

         (d) the Lender has not acquired the conversion right entitling it to
         acquire common shares of the Borrower as a result of, and will not
         itself engage in, any "directed selling efforts' (as defined in
         Regulation S) in the United States in respect of any of the common
         shares of the Borrower which would include any activities undertaken
         for the purpose of, or that could reasonably be expected to have the
         effect of, conditioning the market in the United States for the resale
         of any of the common shares of the Borrower, provided, however, that
         the Lender may sell or otherwise dispose of any of the common shares of
         the Borrower pursuant to registration of any of the common shares of
         the Borrower pursuant to the 1933 Act and any applicable state
         securities laws or under an exemption from such registration
         requirements and as otherwise provided herein; and

         (e) a legend may be placed on the certificates representing the common
         shares of the Borrower to the effect that the Shares represented by
         such certificates are subject to a Distribution Compliance Period and
         may not be traded until the expiry of such except as permitted by
         applicable securities legislation. The Purchaser hereby acknowledges
         and agrees to the Company making a notation on its records or giving
         instructions to the registrar and transfer agent of the Company in
         order to implement the restrictions on transfer set forth and described
         in this Agreement.

6. REPRESENTATIONS OF THE BORROWER. The Borrower represents and warrants that is
has full power and authority to issue the shares of common stock issuable for
the purpose of the conversion pursuant to Sections 3.1.(a), 3.1.(b) and 3.1.(c)
of the Credit Agreement and that the undertakings relating to the conversion are
legal, valid and binding obligations of the Borrower.

7. CONDITIONS PRECEDENT TO AMENDMENT. The Lender shall have no obligation to
amend the Credit Agreement by this Agreement unless the Lender has received:

         (a)      this Agreement duly executed by the Borrower and the
                  Guarantor; and

         (b)      a copy of the authorizing resolutions of the board of
                  directors of the Borrower, authorizing the execution and
                  delivery of this Agreement, together with any replacements,
                  confirmations, amendments, supplements, extensions or renewals
                  to or of the Security as may be required by the Lender, all in
                  form and content satisfactory to the Lender and its counsel.

8. GOVERNING LAW. This Agreement shall be construed, performed and enforced in
accordance with, and governed by, the internal laws of Switzerland, without
giving effect to the principles of conflict of law thereof.

9. CONSENT TO JURISDICTION. (1) Each of the parties hereto hereby irrevocably
attorns to the exclusive jurisdiction of the Courts of Herisau (Switzerland) in
any action or proceeding arising

                                       4
<PAGE>

to this Agreement, in modification of its Section 9.8., the February 28, 2003
Agreement and the Credit Agreement. The Borrower agrees that a final judgment in
any such action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by Law.

         (2) Nothing in this Section 9(1) shall affect the right of the Lender
to serve legal process in any other manner permitted by Law or affect the right
of the Lender to bring any action or proceeding against the Borrower or its
property in the courts of other jurisdictions.

10. ENGLISH VERSION. The parties hereby represent, warrant, acknowledge and
agree that: (i) they have agreed that this Agreement be drawn up in the English
language; and (ii) the English version of this Agreement shall govern for all
purposes.

11. SEVERABILITY. If one or more provisions of this Agreement is or becomes
invalid or unenforceable in whole or in part in any jurisdiction, the validity
of the remaining provisions of this Agreement shall not be affected. The parties
hereto undertake to replace any such invalid provision without delay with a
valid provision which as nearly as possible duplicates the economic intent of
the invalid provision.

12. SUCCESSORS AND ASSIGNS. This Agreement shall be binding upon and shall inure
to the benefit of the parties hereto and their respective successors, heirs,
executors, administrators, legal representatives and assigns.

13. FULL FORCE AND EFFECT. All of the other provisions of the Credit Agreement
shall continue in full force and effect and shall not be modified hereby.

14. COUNTERPARTS. This Agreement may be executed in counterparts, each of which
will be an original and all of which will constitute the same document.

15. FACSIMILE. The parties hereto agree that this Agreement may be transmitted
by facsimile or such similar device and that the reproduction of signatures by
facsimile or such similar device will be treated as binding as if originals and
each party hereto undertakes to provide each and every other party hereto with a
copy of this Agreement bearing original signatures forthwith upon demand.

THE LENDER:                                  THE BORROWER:
----------                                   ------------

MFC MERCHANT BANK S.A.                       MYMETICS CORPORATION

Per:                                         Per:
     ----------------------------                 ----------------------------
         Authorized Signatory                         Authorized Signatory

Per:                                         Per:
     ----------------------------                 ----------------------------
         Authorized Signatory                         Authorized Signatory

                                       5
<PAGE>

THE GUARANTOR:
--------------

MFC BANCORP LTD.

Per:
     ----------------------------
         Authorized Signatory

Per:
     ----------------------------
         Authorized Signatory

                                       6

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