Document:

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                                                                   Exhibit 10.17

                    [Letterhead of the Royal Bank of Canada]

PRIVATE AND CONFIDENTIAL

June 5, 2000

D.C. Food Processing Inc.
35 Northland Road
Waterloo, Ontario
N2V 1Y8

Dear Sir:

Further to our recent discussions, we are pleased to confirm the Credit
Facilities described below, which are to supersede all previous letter
agreements, subject to the following terms and conditions.

Definitions:      The definitions attached hereto in Schedule "A" are
                  incorporated in this agreement by reference as if set out in
                  full herein.

Borrower:         D.C. FOOD PROCESSING INC. (the "Borrower").

Lender:           Royal Bank of Canada (the "Bank"), through its Branch at 30
                  Duke St. W. 8th Floor, Kitchener, Ontario, N2H 3W5 (the
                  "Branch of Account").

Credit
Facilities:       The Credit Facilities are available in the following segments
                  in Canadian by way of:

                  SEGMENT (1): Term
                                   RBP Loans.

                  SEGMENT (2): Demand Instalment
                               RBP Loan.

                  SEGMENT (3): Lease line of credit/Equipment lease ("Leases").

                          (collectively the "Borrowings".)

Amounts:          SEGMENT (1): $   55,886.61
                  SEGMENT (2): $  593,016.20
                  SEGMENT (3): $1,500,000.00

Terms of
Segment (3):      The terms and conditions regarding Leases will be as outlined
                  in separate agreements entered into by the Borrower with the
                  Bank.
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D.C. FOOD PROCESSING INC.                                          PAGE 2
                                                                   June 5, 2000
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Purpose:          SEGMENTS (1) and (2): Renewal of existing facilities.

Repayment:        SEGMENT (1): Borrowings are repayable by blended monthly
                               payments of $4,010.00 principal and interest,
                               on the 9th day of each month, based on a 15 month
                               amortization, with the balance due and payable on
                               September 9, 2001.

                  SEGMENT (2): In the interim, and in the absence of a demand
                               for payment, Borrowings are repayable by blended
                               monthly payments of $6,810.00 principal and
                               interest on the 5th day of each based on
                               remaining 136 months amortization.

                               Notwithstanding compliance with the Covenants
                               Section contained herein, Borrowings under this
                               segment are repayable on demand.

Availability:     SEGMENTS (1) and (2) - Already drawn.

Interest
Rates & Fees:     SEGMENT (1):           Royal Bank Prime plus .75%.

                  SEGMENT (2):           RBP plus 1%.

Payment of
Interest & Fees:  RBP Loans

                  Interest on these loans shall be computed on the daily
                  principal amounts outstanding, at the aforementioned rates,
                  based on the actual number of days elapsed divided by 365, and
                  shall be payable in arrears.

                  The yearly rates of interest to which the rates determined in
                  accordance with this Payment of Interest and Fees section are
                  equivalent, are the rates so determined multiplied by the
                  actual number of days in the calendar year and divided by 365.

                  Overdue Payments

                  Any overdue payment in Canadian Dollars shall be deemed to be
                  a RBP Loan with interest payable at RBP plus 5% per annum.

Other Fees:       Re-Negotiation Fee -

                  The Borrower acknowledges that fees may be levied for the
                  re-negotiation of the amount, collateral security and/or the
                  terms and conditions of this agreement during the currency of
                  this agreement.

                  Nothing in this agreement shall be construed as obliging the
                  Borrower to pay any interest, charges or other expenses as
                  provided by this agreement or in any other security agreement
                  related thereto in excess of what is permitted by law.

Collateral
Security:         (a)   The Banks form 812, Guarantee and Postponement of Claim
                        in the amount of $500,000. signed by International Menu
                        Solutions Inc. supported by a Director's Resolution.

                  (b)   Form 917, Collateral 1st charge mortgage in the amount
                        of $900,000 covering property located 35 Northland Road,
                        Waterloo, Ontario.
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D.C. FOOD PROCESSING INC.                                          PAGE 3
                                                                   June 5, 2000
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                  (c)   The Bank's form 610, Cash Collateral Agreement in the
                        amount of $200,000. pledged by the Borrower.

                  (d)   The Bank's form 918, Postponement of Claim, signed by
                        International Menu Solutions Inc.

Life Insurance:   The Borrower acknowledges that loans are not life insured
                  under the Bank's Business Loan Insurance Plan.

Conditions
Precedent:        The obligation of the Bank to make available the Borrowings
                  to the Borrower is subject to and conditional upon:

                  (1)   Receipt by the Bank of a properly executed copy of this
                        agreement;

                  (2)   Receipt by the Bank of the within stipulated Collateral
                        Security in form and substance satisfactory to the Bank,
                        together with such corporate authorizations and legal
                        opinions as the Bank may require.

Evidence of
Indebtedness:     The Bank shall open and maintain at the Branch of Account
                  accounts and records evidencing the Borrowings made available
                  to the Borrower by the Bank under this agreement. The Bank
                  shall record the principal amount of such Borrowings, the
                  payment of principal and interest on account of the loans, and
                  all other amounts becoming due to the Bank under this
                  agreement.

                  The Bank's accounts and records constitute, in the absence of
                  manifest error, prima facie evidence of the indebtedness of
                  the Borrower to the Bank pursuant to this agreement.

                  The Borrower authorizes and directs the Bank to automatically
                  debit, by mechanical, electronic or manual means, any bank
                  account of the Borrower for all amounts payable under this
                  agreement, including but not limited to, the repayment of
                  principal and the payment of interest, fees and all charges
                  for the keeping of such bank accounts.

Representations
and Warranties:   The Borrower represents and warrants to the Bank that:

                  (a)   It is a corporation validly incorporated and subsisting
                        under the laws of Ontario, and that it is duly
                        registered or qualified to carry on business in all
                        jurisdictions where the character of the properties
                        owned by it or the nature of its business transacted
                        makes such registration or qualification necessary;

                  (b)   The execution and delivery of this agreement has been
                        duly authorized by all necessary actions and does not
                        violate any law or any provision of its constating
                        documents or by-laws or any unanimous shareholders'
                        agreement to which it is subject, or result in the
                        creation of any encumbrance on its properties and assets
                        except as contemplated hereunder; and

                  (c)   All Potential Preferred Claims, i.e. claims that could
                        rank ahead of the Bank's security, including employee
                        source deductions, have been paid or remitted as
                        required.
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D.C. FOOD PROCESSING INC.                                          PAGE 4
                                                                   June 5, 2000
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Non-Merger:       The provisions of this agreement shall not merge with any
                  security given by the Borrower to the Bank, but shall continue
                  in full force for the benefit of the parties hereto.

Covenants:        The Borrower agrees:

                  (a)   To pay all sums of money when due under this agreement;

                  (b)   To provide the Bank with the following reports on a
                        annual basis, within 90 days of its fiscal year-end:

                        (i)   aged listing of accounts receivable;
                        (ii)  aged listed of accounts payable;
                        (iii) accountant prepared review engagement financial
                              statements; and
                        (iv)  auditor prepared annual financial statements for
                              International Menu Solutions Inc.;

                  (c)   To give the Bank prompt notice of any breach of covenant
                        any event which, with notice or lapse of time or both,
                        would constitute an breach;

                  (d)   To maintain the ratio of its total liabilities to
                        Tangible Net Worth at not greater than 2.25:1. Total
                        liabilities include all direct liabilities, but exclude
                        deferred taxes; (tested annually);

                  (e)   To maintain Debt Service Coverage Ratio of not less than
                        1.25:1; (tested annually);

                  (f)   To refrain from declaring inter-company loans /
                        dividends / bonuses, in excess of 50% of net income
                        after tax and all debt servicing has been satisfied
                        unless prior written permission has been received by the
                        Bank;

                  (g)   To file all material tax returns which are or will be
                        required to be filed, to pay or make provision for
                        payment of all material taxes (including interest and
                        penalties) and other Potential Preferred Claims
                        including the timely remittance of all employee source
                        deductions which are or will become due and payable and
                        to provide adequate reserves for the payment of any tax,
                        the payment of which is being contested;

                  (h)   Not to dispose of shares of any of its subsidiaries;

                  (i)   Not to grant, create, assume or suffer to exist any
                        mortgage, charge, lien, pledge, security interest,
                        including a purchase money security interest, or other
                        encumbrance affecting any of its properties, assets or
                        other rights;

                  (j)   Not to sell, transfer, convey, lease or otherwise
                        dispose of any part of its property or assets, without
                        the prior written consent of the Bank, except in the
                        ordinary course of business;

                  (k)   Not to, directly or indirectly, guarantee or otherwise
                        provide for, on a direct or indirect or contingent
                        basis, the payment of any monies or performance of any
                        obligations by any third party except as provided
                        herein;
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D.C. FOOD PROCESSING INC.                                          PAGE 5
                                                                   June 5, 2000
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                  (l)   To give the Bank 30 days prior notice in writing of any
                        intended change in the ownership of its shares;

                  (m)   To insure and to keep fully insured all properties
                        customarily insured by companies carrying on a similar
                        business;

                  (n)   Not to change its name or merge, amalgamate or
                        consolidate with any other corporation;

                  (o)   To comply with all applicable environmental laws and
                        regulations; to advise the Bank promptly of any Action
                        Requests or Violation Notices (as such terms are defined
                        under the Environmental Protection Act Ontario))
                        received concerning any of the Borrower's property; and
                        to hold the Bank harmless for any costs or expenses
                        which it incurs for any environment-related liabilities
                        existent now or in the future with respect to the
                        Borrowers property; and

                  (p)   The Borrower hereby grants permission to any entity
                        having information of the following nature to release to
                        the Bank, solely for the purpose of assisting the Bank
                        to evaluate the financial condition of the Borrower, all
                        information in such entity's possession relating to
                        "employee source deductions" that the Borrower may be
                        required to make, including with respect to federal and
                        Quebec income tax, the Canada Pension Plan, the Quebec
                        Pension Plan, and employment insurance. The foregoing
                        permission shall remain in force as long as (i) credit
                        facilities from the Bank are at the Borrowers disposal;
                        or (ii) any balance thereof remains outstanding.

Events of
Default:          With respect to the Borrowings under SEGMENT (1), without
                  limitation and notwithstanding the terms for repayment as
                  recited herein, if any one or more of the following events has
                  occurred and is continuing:

                  (a)   The non-payment when due of principal, interest and any
                        other amounts due under this agreement;

                  (b)   The breach by the Borrower of any provisions of this
                        agreement or any other agreement with the Bank;

                  (c)   If any representation or warranty made herein shall be
                        false or inaccurate in any materially adverse respect;

                  (d)   If in the opinion of the Bank there is material adverse
                        change in the financial condition, ownership, or
                        operation of the Borrower;

                  (e)   The breach at any time and in any material respect of
                        the provisions of any applicable law, regulation,
                        by-law, ordinance or work order of any lawful authority
                        whether federal, provincial, state, municipal, local or
                        otherwise, (including without restriction, those dealing
                        with pollution of the environment and toxic materials or
                        other environmental hazards, or public health and
                        safety), affecting any property of the Borrower or any
                        activity or operation carried out thereon; or
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D.C. FOOD PROCESSING INC.                                          PAGE 6
                                                                   June 5, 2000
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                  (f)   If proceedings for the dissolution, liquidation or
                        winding-up of the Borrower or for the suspension of the
                        operations of the Borrower are commenced, unless such
                        proceedings are being actively and diligently contested
                        by the Borrower in good faith, or in the event of the
                        bankruptcy, liquidation, or general insolvency of the
                        Borrower, or if a receiver or receiver-manager is
                        appointed for all or any part of the business or assets
                        of the Borrower;

                  Then the right of the Borrower to make further Borrowings
                  under this agreement shall immediately terminate and the Bank
                  may, by written notice to the Borrower, declare the Borrowings
                  under this agreement to be immediately due and payable without
                  further notice or demand.

Expenses:         The Borrow agrees to pay all of the Banks costs incurred from
                  time to time in the preparation, negotiation and execution of
                  this agreement and the collateral security, and any costs
                  incurred in the operation or enforcement of this agreement or
                  any other agreement entered into pursuant to this agreement.

GAAP:             Unless otherwise provided, all accounting terms used in this
                  agreement shall be interpreted in accordance with Canadian
                  Generally Accepted Accounting Principles from time to time.

Severability:     If any provision of this agreement is or becomes prohibited or
                  unenforceable in any jurisdiction, such prohibition or
                  unenforceability shall not invalidate or render unenforceable
                  the provision concerned in any other jurisdiction nor shall it
                  invalidate, affect or impair any of the remaining provisions.

Governing Law:    This agreement shall be construed in accordance with and
                  governed by the laws of the Province of Ontario and of Canada
                  applicable therein.

Acceptance:       This offer expires if not accepted by June 26 2000, unless
                  extended in writing by the Bank.

If this agreement is acceptable, kindly sign and return the attached copy to the
Bank.

Yours truly,

/s/ L. R. (Larry) Smith

L. R. (Larry) Smith
Account Manager

/js

We acknowledge and accept the within terms and conditions on this 6th day of
JUNE 2000.

D.C. FOOD PROCESSING INC.

Per: /s/
    ------------------------------

Per: /s/
    ------------------------------
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                                  SCHEDULE "A"

Schedule "A" to the Letter Agreement dated the 5th day of June 2000, between
D.C. Food Processing Inc. as the Borrower and Royal Bank of Canada as the Bank.

For purposes of the foregoing agreement, the following terms and phrases shall
have the following meanings:

"Business Day" means a day on which the Branch of Account is open for business;

"Canadian Dollars" and "Cdn$" means lawful money of Canada;

"Debt Service Coverage Ratio" means the ratio of net income (before interest,
depreciation and amortization) of the Borrower as reported in its financial
statements for its fiscal year, prepared in accordance with GAAP, to interest
and principal payments for that year;

"Potential Preferred Claims" means amounts that may from time to time be owing
for wages, employee deductions, sales tax, excise tax, income tax, worker's
compensation, Government royalties, pension fund obligations, overdue rents or
taxes including Business Taxes and any other claims which would effectively rank
in priority to any of the Bank's security, including without limitation, any
claims arising under the Bankruptcy and Insolvency Act;

"RBP" means the annual rate of interest announced by the Bank from time to time
as being a reference rate then in effect for determining interest rates on
Canadian Dollar commercial loans in Canada;

"Tangible Net Worth" means the aggregate of stated capital, retained earnings,
and debt, repayment of which is formally postponed and assigned to the Bank less
amounts invested in or owed by other Persons (other than trade accounts
receivable meeting normal terms) and less goodwill, leasehold improvements,
deferred costs and other assets normally regarded as intangible under GAAP in
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                                                                   Exhibit 10.18

                    INTERNATIONAL MENU SOLUTIONS CORPORATION
                      EXECUTIVE INCENTIVE STOCK OPTION PLAN

      1. Purpose of the Plan

      This Executive Incentive Stock Option Plan (hereinafter called the "Plan")
is intended to encourage ownership of stock of International Menu Solutions
Corporation (hereinafter called the "Corporation") by officers and directors of
the Corporation and its corporate subsidiaries and to provide additional
incentive for them to promote the success of the business of the Corporation.

      2. Eligibility

      Options may be granted only to persons who at the time of the grant are
officers and directors of the Corporation or any subsidiary (who may also be
officers of the Corporation or of any such subsidiary). For purposes of the
Plan, the term "subsidiary" means any corporation of which the Corporation owns,
directly or indirectly, stock possessing 50% or more of the total combined
voting power of all classes of stock of such corporation, as more particularly
defined in Section 424(f) of the Internal Revenue Code of 1986, as amended (the
"Code"). (The Corporation and its subsidiaries are sometimes hereinafter called
`Employer Corporations" and individually "Employer Corporation")

            (b) No option shall be granted to an officer or director who owns
more than 10% of the total combined voting power of all classes of stock of the
Corporation or any subsidiary, unless the option meets the requirements of
Section 422(c)(5) of the Code.

      3. Stock Subject to the Plan

            The stock subject to the options to be granted pursuant to the Plan
(hereinafter called "Options") shall be the common stock, par value $.001 per
share, of the Corporation (the "Stock"). There shall be reserved for issuance
upon the exercise of Options an aggregate of 2,500,000 shares of authorized but
unissued Stock. If any Options granted hereunder shall expire unexercised or
otherwise shall terminate, the shares covered thereby shall be restored to the
shares reserved for issuance under the Plan and used for the purpose of granting
other Options under the Plan.

      4. Administration of the Plan

      (a) The Plan shall be administered by the Board of Directors of the
Corporation; provided, however, that commencing at such time as the shares of
Stock of the Corporation are required to be registered under Section 12(g) of
the Securities Exchange Act of 1934, the Plan shall be administered by a
Committee appointed by the Board of Directors of the corporation consisting of
not less than a sufficient number of disinterested members of such Board so as
to qualify the Committee to administer the Plan as contemplated by Rule 16b-3
promulgated under the Securities Exchange Act of 1934 (or any successor rule).
The administering body is hereinafter called the "Administrator".

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            (b) The administrator will determine the time or times at which
Options shall be granted, the persons to be granted Options, the number of
shares subject to each Option, and the time or times during the term of each
Option when such Option may be exercised. In making such determination, the
Administrator may take into consideration the employee's present and potential
contribution to the Corporation's success and any other factors which the
Administrator may deem relevant. The Administrator shall have the exclusive
authority to construe the terms of the Plan and any Options granted under it.

      5. Term of Option

      Subject to earlier termination as hereafter provided, each Option shall
expire on such date as the Administrator shall determine, provided that in no
event shall an Option be exercisable after the expiration of 10 years from the
date of grant thereof Nothing contained in Paragraphs 11 or 12 hereof shall
operate to extend the term of an Option beyond the expiration date set forth in
such Option.

      6. Option Price

      The purchase price of each share of Stock under each Option shall be
determined by the Administrator but in no event shall be less than the fair
market value of such share of Stock at the time of the grant of such Option.

      7. Exercise of Options

            (a) (i) Each Option shall be exercisable as to all or any part of
the shares subject thereto at any time, or from time to time, or in such amounts
of shares and at such time or times as the Administrator may determine, on or
after the date of grant and on or prior to the expiration date of the Option.
Each exercise of an Option shall be effected by the delivery of written notice
of exercise to the Corporation at its principal office together with payment of
the purchase price for the number of shares as to which the Option is exercised.

                  (ii) The purchase price of shares of Stock as to which an,
Option shall be exercised may be paid: (w) in United States dollars in cash or
by check, bank draft or money order payable to the order of the Corporation, or
(x) at the discretion of the Administrator, through the delivery of shares of
Common Stock of the Corporation with a value equal to the Option price, (y) by a
combination of both (w) and (x) above, or (z) by promissory notes secured by
assets including the shares to be received on the exercise of the options. The
Administrator shall determine acceptable methods for tendering Common Stock as
payment upon exercise of an Option and may impose such limitations and
prohibitions on the use of Common Stock to exercise an Option as it deems
appropriate.

                  (iii) Except as provided in Paragraphs 11 or 12 hereof, an
Option may be exercised only if the Optionee shall have been in the continuous
employ of an Employer Corporation from the date of grant of the Option to the
date of its exercise. No person to whom an Option is granted shall have any of
the rights of a shareholder of the Corporation with respect to the shares of
Stock covered by the Option,

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                                       3

except to the extent that one or more certificates for such shares of Stock
shall have been issued upon the due exercise of the Option.

            (b) The obligation of the Corporation to issue, or transfer or
deliver shares of Stock for Options exercised under the Plan shall be subject to
all applicable laws, regulations, rules and orders which shall be in effect. The
Administrator may require the person exercising an Option to make such
representations and furnish such information as it may deem appropriate in
connection with the issuance of the shares of Stock in compliance with
applicable law or sound corporate practice.

      8. Notice of Grant

      When any grant of an Option under this Plan is made to any employee, the
employee shall be promptly notified of such grant and a written notice of such
grant shall be sent to the employee at his last known address. As soon
thereafter as practicable, a formal option agreement shall be executed by and
between the Corporation and the employee, which agreement shall be substantially
in the form approved by the Administrator and shall be subject to the conditions
and limitations of the Plan.

      9. Action to Prevent Dilution

      If any change is made in the Stock subject to the Plan by reason of a
stock dividend, stock split, recapitalization, merger, consolidation, sale or
exchange of assets or other change in the Stock of the Corporation at the time
outstanding, the Board of Directors of the Corporation may take such action as
it determines to be appropriate to adjust the kind and number of shares or price
per share or both of the Stock subject to the Plan or any Option granted
hereunder. Any such determination by the Board of Directors shall be conclusive.

      10. Non-Transferability of Options

      Except as provided in Paragraph 12, an Option shall be exercisable during
the lifetime of the person to whom it is issued only by such person. It shall
not be assigned, pledged or hypothecated in any way, shall not be subject to
execution and shall not be transferable otherwise than by will or the laws of
descent and distribution. Any attempt at assignment, transfer, pledge,
hypothecation or other disposition of any Option granted hereunder contrary to
the provisions hereof, and the levy of any attachment or similar proceedings
upon any Option, shall be null and void.

      11. Termination of Employment

      Subject to the provisions of Paragraph 5, if the holder of an Option shall
cease to be employed by an Employer Corporation by reason of death or any other
reason other than voluntarily quitting, discharge for cause or permanent and
total disability as defined in Section 22(e)(3) of the Code (hereinafter called
a "Disability"), as determined by the Administrator, the holder may, but only
within the one month next succeeding such cessation of employment, exercise such
Option to the extent that the holder would have been entitled to do so on the
date of such cessation of his employment. If a holder of an

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                                       4

Option voluntarily quits or is discharged for cause, such Option shall terminate
on the date of cessation of employment.

      12. Disability

      Subject to the provisions of Paragraph 5, if the holder of an Option shall
cease to be employed by an Employer Corporation by reason of a Disability, the
Option shall be exercisable by the holder or the holder's duly appointed
guardian or other legal representative, to the extent that the holder would have
been entitled to do so on the date of such cessation of employment, but only
within one year following such cessation of employment due to said Disability.

      13. Liquidation

      Except in connection with any event described in Paragraph 9 as to which
the Board of Directors has determined to make an appropriate adjustment, upon
the complete liquidation of the Corporation, any unexercised Options shall be
deemed cancelled In the event to the complete liquidation of an Employer
Corporation (other than the Corporation) employing an Option holder or in the
event such corporation ceases to be an Employer Corporation, any unexercised
part of any Option granted hereunder shall be deemed cancelled unless the holder
thereof shall become employed by another Employer Corporation (including the
Corporation) concurrently with such event.

      14. Amendments to the Plan

      The Board of Directors of the corporation may at any time terminate or
form time to time modify or suspend the Plan, provided that no such termination,
modification or suspension shall adversely affect any rights or obligations of
the holders of any Option granted prior to the effective date of termination,
modification or suspension, and further provided that no such modification,
without the approval of the shareholders, shall:

      (a)   except as provided in Paragraph 9, increase the maximum number of
            shares of Stock as to which Options may be granted under the Plan;

      (b)   materially increase benefits accruing to Optionees; or

      (c)   change the designation or class of employees eligible to participate
            in the Plan.

      15. Employment Obligations

      The grant of an Option hereunder shall not impose any obligation on any
Employer Corporation to continue the Employment of any person.

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