Document:

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                                                                   Exhibit 10.16

                                 FLONETWORK INC.

                              SHARE INCENTIVE PLAN

1.       Purpose

         The purpose of this Share Incentive Plan, as amended and restated from
time to time (the "Plan") of FloNetwork Inc., a corporation incorporated under
the laws of Ontario, Canada (the "Company"), is to advance the interests of the
Company's shareholders by enhancing the Company's ability to attract, retain and
motivate persons who make (or are expected to make) important contributions to
the Company by providing such persons with equity ownership opportunities and
performance-based incentives and thereby better aligning the interests of such
persons with those of the Company's shareholders. Except where the context
otherwise requires, the term "Company" shall include any of the Company's
present or future subsidiary corporations as defined in Section 424(f) of the
Internal Revenue Code of 1986, as amended, and any regulations promulgated
thereunder (the "Code") and any other business venture (including, without
limitation, joint venture or limited liability company) in which the Company has
a significant interest, as determined by the Board of Directors of the Company
(the "Board").

2.       Eligibility

         All of the Company's employees, officers, directors, consultants and
advisors (and any individuals who have accepted an offer for employment) are
eligible to be granted options, restricted share awards, or other share-based
awards (each, an "Award") under the Plan. Each person who has been granted an
Award under the Plan shall be deemed a "Participant".

3.       Administration, Delegation

         (a) Administration by Board of Directors. The Plan will be administered
by the Board of Directors of the Company (the "Board"). The Board shall have
authority to grant Awards and to adopt, amend and repeal such administrative
rules, guidelines and practices relating to the Plan as it shall deem advisable.
The Board may correct any defect, supply any omission or reconcile any
inconsistency in the Plan or any Award in the manner and to the extent it shall
deem expedient to carry the Plan into effect and it shall be the sole and final
judge of such expediency. All decisions by the Board shall be made in the
Board's sole discretion and shall be final and binding on all persons having or
claiming any interest in the Plan or in any Award. No director or person acting
pursuant to the authority delegated by the Board shall be liable for any action
or determination relating to or under the Plan made in good faith.
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         (b) Delegation to Executive Officers. To the extent permitted by
applicable law, the Board may delegate to one or more executive officers of the
Company the power to make Awards and exercise such other powers under the Plan
as the Board may determine, provided that the Board shall fix the maximum number
of shares subject to Awards and the maximum number of shares for any one
Participant to be made by such executive officers.

         (c) Appointment of Committees. To the extent permitted by applicable
law, the Board may delegate any or all of its powers under the Plan to one or
more committees or subcommittees of the Board (each a "Committee"). All
references in the Plan to the "Board" shall mean the Board or a Committee or the
executive officer referred to in Section 3(b) to the extent that the Board's
powers or authority under the Plan have been delegated to such Committee or
executive officer.

         (d) Accounts and Statements. The Company shall maintain records of the
details of each Option granted to each Participant under the Plan, including the
date of grant, Designated Amount and the Option Price of each Option, the number
of common shares of the Company ("Common Shares") in respect of which the Option
has been exercised and the maximum number of Common Shares which the Participant
may still purchase under the Option. Upon request therefor from a Participant
and at such other times as the Company shall determine, the Company shall
furnish the Participant with a statement setting forth the details of his
Options. Such statement shall be deemed to have been accepted by the Participant
as correct unless written notice to the contrary is given to the Company within
30 days after such statement is given to the Participant.

4.       Shares Available for Awards

         (a) Number of Shares. Awards may be made under the Plan for up to
11,000,000 Common Shares of the Company; provided, however, that the number of
Common Shares reserved for issuance under the Plan shall be automatically
increased every January 1, beginning in 2001, by the lesser of (i) 3,500,000
Common Shares, (ii) 4% of the Company's outstanding Common Shares on such date,
and (iii) a lesser amount determined by the Board. The numbers of Common Shares
referenced in this Section 4(a) shall be subject to adjustment as provided in
Section 8 hereof. If any Award expires or is terminated, surrendered or
canceled without having been fully exercised or is forfeited in whole or in
part or results in any Common Shares not being issued, the unused Common Shares
covered by such Award shall again be available for the grant of Awards under
the Plan, subject, however, in the case of Incentive Share Options (as
hereinafter defined), to any limitation required under the Code.

         (b) Per-Participant Limit. Subject to adjustment under Section 8, for
Awards granted after the Common Shares are registered under the Securities
Exchange Act of 1934 (the "Exchange Act"), the maximum number of Common Shares
with respect to which Awards may be granted to any Participant under the Plan
shall be 1,750,000 per calendar year. The per-Participant limit described in
this Section 4(b) shall be construed and applied consistently with Section
162(m) of the Code ("Section 162(m)").

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5.       Share Options

         (a) General. From time to time, the Board may grant one or more options
to a Participant to purchase Common Shares (each, an "Option") in accordance
with the Plan and determine the number of Common Shares to be covered by each
Option, the exercise price of each Option and the conditions and limitations
applicable to the exercise of each Option, including conditions relating to
applicable federal or state securities laws, as it considers necessary or
advisable. An Option which is not intended to be an Incentive Share Option (as
hereinafter defined) shall be designated a "Nonstatutory Share Option".

         (b) Incentive Share Options. An Option that the Board intends to be an
"incentive share option" as defined in Section 422 of the Code (an "Incentive
Share Option") shall only be granted to employees of the Company and shall be
subject to and shall be construed consistently with the requirements of Section
422 of the Code. The Company shall have no liability to a Participant, or any
other party, if an Option (or any part thereof) which is intended to be an
Incentive Share Option is not an Incentive Share Option.

         (c) Exercise Price. The Board shall establish the exercise price at the
time each Option is granted and specify it in the applicable option agreement.

         (d) Duration of Options. Each Option shall be exercisable at such times
and subject to such terms and conditions as the Board may specify in the
applicable option agreement.

         (e) Exercise of Option. Options may be exercised by delivery to the
Company of a written notice of exercise signed by the proper person or by any
other form of notice (including electronic notice) approved by the Board
delivered in accordance with Section 10, together with payment in full as
specified in Section 5(f) for the number of shares for which the Option is
exercised.

         (f) Payment Upon Exercise. Common Shares purchased upon the exercise of
an Option granted under the Plan shall be paid for as follows:

               (1) in cash or by check, payable to the order of the Company;

               (2) except as the Board may, in its sole discretion, otherwise
provide in an option agreement, by (i) delivery of an irrevocable and
unconditional undertaking by a creditworthy broker to deliver promptly to the
Company sufficient funds to pay the exercise price or (ii) delivery by the
Participant to the Company of a copy of irrevocable and unconditional
instructions to a creditworthy broker to deliver promptly to the Company cash or
a check sufficient to pay the exercise price;

               (3) when the Common Shares are registered under the Exchange Act,
by delivery of Common Shares owned by the Participant valued at their fair
market

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value as determined by (or in a manner approved by) the Board in good faith
("Fair Market Value"), provided (i) such method of payment is then permitted
under applicable law and (ii) such Common Shares were owned by the Participant
at least six months prior to such delivery;

               (4) to the extent permitted by applicable law and the Board, in
its sole discretion by (i) delivery of a promissory note of the Participant to
the Company on terms determined by the Board, or (ii) payment of such other
lawful consideration as the Board may determine; or

               (5) by any combination of the above permitted forms of payment.

         (g) Substitute Options. In connection with a merger or consolidation of
an entity with the Company or the acquisition by the Company of property or
shares of an entity, the Board may grant Options in substitution for any options
or other shares or share-based awards granted by such entity or an affiliate
thereof. Substitute Options may be granted on such terms as the Board deems
appropriate in the circumstances, notwithstanding any limitations on Options
contained in the other sections of this Section 5.

6.       Restricted Shares

         (a) Grants. The Board may grant Awards entitling recipients to acquire
Common Shares, subject to the right of the Company to repurchase all or part of
such shares at their issue price or other stated or formula price (or to require
forfeiture of such shares if issued at no cost) from the recipient in the event
that conditions specified by the Board in the applicable Award are not satisfied
prior to the end of the applicable restriction period or periods established by
the Board for such Award (each, a "Restricted Share Award"). Any Common Shares
repurchased by the Company shall be canceled in accordance with applicable law.

         (b) Terms and Conditions. The Board shall determine the terms and
conditions of any such Restricted Share, including the conditions for repurchase
(or forfeiture) and the issue price, if any. Any share certificates issued in
respect of a Restricted Share Award shall be registered in the name of the
Participant and, unless otherwise determined by the Board, deposited by the
Participant, together with a share power endorsed in blank, with the Company (or
its designee). At the expiration of the applicable restriction periods, the
Company (or such designee) shall deliver the certificates no longer subject to
such restrictions to the Participant or if the Participant has died, to the
beneficiary designated, in a manner determined by the Board, by a Participant to
receive amounts due or exercise rights of the Participant in the event of the
Participant's death (the "Designated Beneficiary"). In the absence of an
effective designation by a Participant, Designated Beneficiary shall mean the
Participant's estate.

7.       Other Share-Based Awards

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         The Board shall have the right to grant other Awards based upon the
Common Shares having such terms and conditions as the Board may determine,
including the grant of shares based upon certain conditions, the grant of
securities convertible into Common Shares and the grant of share appreciation
rights.

8.       Adjustments for Changes in Common Shares and Certain Other Events

         (a) Changes in Capitalization. In the event of any share split, reverse
share split, share dividend, recapitalization, combination of shares,
reclassification of shares, spin-off or other similar change in capitalization
or event, or any distribution to holders of Common Shares other than a normal
cash dividend, (i) the number and class of securities available under this Plan,
(ii) the per-Participant limit set forth in Section 4(b), (iii) the number and
class of securities and exercise price per share subject to each outstanding
Option, (iv) the repurchase price per share subject to each outstanding
Restricted Share Award, and (v) the terms of each other outstanding Award shall
be appropriately adjusted by the Company (or substituted Awards may be made, if
applicable) to the extent the Board shall determine, in good faith, that such an
adjustment (or substitution) is necessary and appropriate. If this Section 8(a)
applies and Section 8(c) also applies to any event, Section 8(c) shall be
applicable to such event, and this Section 8(a) shall not be applicable.

          (b) Liquidation or Dissolution. In the event of a proposed liquidation
or dissolution of the Company, the Board shall upon written notice to the
Participants provide that all then unexercised Options will (i) become
exercisable in full as of a specified time at least 10 business days prior to
the effective date of such liquidation or dissolution and (ii) terminate
effective upon such liquidation or dissolution, except to the extent exercised
before such effective date. The Board may specify the effect of a liquidation or
dissolution on any Restricted Share Award or other Award granted under the Plan
at the time of the grant of such Award.

         (c)      Acquisition Events

                  (1) Definition. An "Acquisition Event" shall mean: (a) any
merger, consolidation or amalgamation of the Company with or into another entity
as a result of which the Common Share is converted into or exchanged for the
right to receive cash, securities or other property or (b) any exchange of
shares of the Company for cash, securities or other property pursuant to a
statutory share exchange transaction or plan of arrangement.

                  (2) Consequences of an Acquisition Event on Options. Upon the
occurrence of an Acquisition Event, or the execution by the Company of any
agreement approved by the Board with respect to an Acquisition Event, the Board
shall provide that all outstanding Options shall be assumed, or equivalent
options shall be substituted, by the acquiring or succeeding corporation (or an
affiliate thereof). For purposes hereof, an Option shall be considered to be
assumed if, following

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consummation of the Acquisition Event, the Option confers the right to purchase,
for each Common Share subject to the Option immediately prior to the
consummation of the Acquisition Event, the consideration (whether cash,
securities or other property) received as a result of the Acquisition Event by
holders of Common Share for each Common Share held immediately prior to the
consummation of the Acquisition Event (and if holders were offered a choice of
consideration, the type of consideration chosen by the holders of a majority of
the outstanding Common Shares); provided, however, that if the consideration
received as a result of the Acquisition Event is not solely common shares of the
acquiring or succeeding corporation (or an affiliate thereof), the Company may,
with the consent of the acquiring or succeeding corporation, provide for the
consideration to be received upon the exercise of Options to consist solely of
common shares of the acquiring or succeeding corporation (or an affiliate
thereof) equivalent in fair market value to the per share consideration received
by holders of outstanding Common Shares as a result of the Acquisition Event.

                  (3) Notwithstanding the foregoing, if the acquiring or
succeeding corporation (or an affiliate thereof) does not agree to assume, or
substitute for, such Options, then the Board shall, upon written notice to the
Participants, provide that all then unexercised Options will become exercisable
in full as of a specified time prior to the Acquisition Event and will terminate
immediately prior to the consummation of such Acquisition Event, except to the
extent exercised by the Participants before the consummation of such Acquisition
Event; provided, however, that in the event of an Acquisition Event under the
terms of which holders of Common Shares will receive upon consummation thereof a
cash payment for each Common Share surrendered pursuant to such Acquisition
Event (the "Acquisition Price"), then the Board may instead provide that all
outstanding Options shall terminate upon consummation of such Acquisition Event
and that each Participant shall receive, in exchange therefor, a cash payment
equal to the amount (if any) by which (A) the Acquisition Price multiplied by
the number of Common Shares subject to such outstanding Options (whether or not
then exercisable), exceeds (B) the aggregate exercise price of such Options.

                  (4) Consequences of an Acquisition Event on Restricted Share
Awards. Upon the occurrence of an Acquisition Event, the repurchase and other
rights of the Company under each outstanding Restricted Share Award shall inure
to the benefit of the Company's successor and shall apply to the cash,
securities or other property which the Common Shares converted into or exchanged
for pursuant to such Acquisition Event in the same manner and to the same extent
as they applied to the Common Shares subject to such Restricted Share Award.

                  (5) Consequences of an Acquisition Event on Other Awards. The
Board shall specify the effect of an Acquisition Event on any other Award
granted under the Plan at the time of the grant of such Award.

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         (d) Fractional Common Shares. No fractional Common Shares shall be
issued upon the exercise of an Option nor shall any script certificates in lieu
therefor be issuable at any time. Accordingly, if as a result of any adjustment
under Section 8, a Participant would otherwise have become entitled to a
fractional common share upon the exercise of an Option, he or she shall have the
right to purchase only the next lower whole number of Common Shares and no
payment or other adjustment will be made with respect to the fractional
interests so disregarded.

9.       General Provisions Applicable to Awards

         (a) Transferability of Awards. Except as the Board may otherwise
determine or provide in an Award, Awards shall not be sold, assigned,
transferred, pledged or otherwise encumbered by the person to whom they are
granted, either voluntarily or by operation of law, except by will or the laws
of descent and distribution, and, during the life of the Participant, shall be
exercisable only by the Participant. References to a Participant, to the extent
relevant in the context, shall include references to authorized transferees.

         (b) Documentation. Each Award shall be evidenced by a written
instrument in such form as the Board shall determine. Each Award may contain
terms and conditions in addition to those set forth in the Plan.

         (c) Board Discretion. Except as otherwise provided by the Plan, each
Award may be made alone or in addition or in relation to any other Award. The
terms of each Award need not be identical, and the Board need not treat
Participants uniformly.

         (d) Termination of Status. The Board shall determine the effect on an
Award of the disability, death, retirement, authorized leave of absence or other
change in the employment or other status of a Participant and the extent to
which, and the period during which, the Participant, the Participant's legal
representative, conservator, guardian or Designated Beneficiary may exercise
rights under the Award.

         (e) Withholding. Each Participant shall pay to the Company, or make
provision satisfactory to the Board for payment of, any taxes required by law to
be withheld in connection with Awards to such Participant no later than the date
of the event creating the tax liability. Except as the Board may otherwise
provide in an Award, when the Common Shares are registered under the Exchange
Act, Participants may, to the extent then permitted under applicable law,
satisfy such tax obligations in whole or in part by delivery of Common Shares,
including shares retained from the Award creating the tax obligation, valued at
their Fair Market Value. The Company may, to the extent permitted by law, deduct
any such tax obligations from any payment of any kind otherwise due to a
Participant.

         (f) Amendment of Award. The Board may amend, modify or terminate any
outstanding Award, including but not limited to, substituting therefor another
Award

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of the same or a different type, changing the date of exercise or realization,
and converting an Incentive Share Option to a Nonstatutory Share Option,
provided that the Participant's consent to such action shall be required unless
the Board determines that the action, taking into account any related action,
would not materially and adversely affect the Participant.

         (g) Conditions on Delivery of Shares. The Company will not be obligated
to deliver any Common Shares pursuant to the Plan or to remove restrictions from
shares previously delivered under the Plan until (i) all conditions of the Award
have been met or removed to the satisfaction of the Company, (ii) in the opinion
of the Company's counsel, all other legal matters in connection with the
issuance and delivery of such shares have been satisfied, including any
applicable securities laws and any applicable stock exchange or stock market
rules and regulations, and (iii) the Participant has executed and delivered to
the Company such representations or agreements as the Company may consider
appropriate to satisfy the requirements of any applicable laws, rules or
regulations.

         (h) Acceleration. The Board may at any time provide that any Options
shall become immediately exercisable in full or in part, that any Restricted
Share Awards shall be free of restrictions in full or in part or that any other
Awards may become exercisable in full or in part or free of some or all
restrictions or conditions, or otherwise realizable in full or in part, as the
case may be.

10.      Miscellaneous.

         (a) Shareholders' Agreement. Upon issuance of any Common Shares upon
the exercise of an Award, the Participant receiving such shares shall agree, in
writing, to be bound by the terms of the Second Amended and Restated
Shareholders' Agreement dated as of November 24, 1999, as amended from time to
time, by and among the Company and persons and entities who are signatories
thereto.

          (b) Right To Employment or Other Status. No person shall have any
claim or right to be granted an Award, and the grant of an Award shall not be
construed as giving a Participant the right to continued employment or any other
relationship with the Company. The Company expressly reserves the right at any
time to dismiss or otherwise terminate its relationship with a Participant free
from any liability or claim under the Plan, except as expressly provided in the
applicable Award. Unless otherwise determined by the Board, neither any period
of notice, if any, nor any payment in lieu thereof, or combination thereof, upon
termination of employment shall be considered as extending the period of
employment for the purposes of the Plan.

         (c) No Rights As Shareholder. Subject to the provisions of the
applicable Award, no Participant or Designated Beneficiary shall have any rights
as a shareholder with respect to any Common Shares to be distributed with
respect to an Award until becoming the record holder of such shares.
Notwithstanding the foregoing, in the event

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the Company effects a split of the Common Shares by means of a share dividend
and the exercise price of and the number of shares subject to such Option are
adjusted as of the date of the distribution of the dividend (rather than as of
the record date for such dividend), then an optionee who exercises an Option
between the record date and the distribution date for such share dividend shall
be entitled to receive, on the distribution date, the share dividend with
respect to the Common Shares acquired upon such Option exercise, notwithstanding
the fact that such shares were not outstanding as of the close of business on
the record date for such share dividend.

         (d) Effective Date and Term of Plan. The Plan shall become effective as
of the date on which it is adopted by the Board, but no Award granted to a
Participant that is intended to comply with Section 162(m) shall become
exercisable, vested or realizable, as applicable to such Award, unless and until
the Plan has been approved by the Company's shareholders to the extent
shareholder approval is required by Section 162(m) in the manner required under
Section 162(m) (including the vote required under Section 162(m)). No Awards
shall be granted under the Plan after the completion of ten years from the
earlier of (i) the date on which the Plan was adopted by the Board or (ii) the
date the Plan was approved by the Company's shareholders, but Awards previously
granted may extend beyond that date.

         (e) Amendment of Plan. The Board may amend, suspend or terminate the
Plan or any portion thereof at any time, provided that to the extent required by
Section 162(m), no Award granted to a Participant that is intended to comply
with Section 162(m) after the date of such amendment shall become exercisable,
realizable or vested, as applicable to such Award, unless and until such
amendment shall have been approved by the Company's shareholders as required by
Section 162(m) (including the vote required under Section 162(m)).

         (f) Governing Law. The provisions of the Plan and all Awards made
hereunder shall be governed by, and interpreted in accordance with, the laws of
the Province of Ontario, Canada and the federal laws of Canada applicable
therein, without regard to any applicable conflicts of law principles.

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                                                                   EXHIBIT 10.17

                                 FLONETWORK INC.

                        2000 EMPLOYEE SHARE PURCHASE PLAN

         The purpose of this Plan is to provide eligible employees of FloNetwork
Inc. (the "Company") and certain of its subsidiaries with opportunities to
purchase the Company's common shares (the "Common Shares"), commencing on
January 1, 2000. Up to TWO MILLION, FIVE HUNDRED THOUSAND (2,500,000) Common
Shares in the aggregate have been approved for this purpose, subject to
adjustment upon changes in the capitalization of the Company as provided for in
Sections 16 and 17 hereof. This Plan is intended to qualify as an "employee
stock purchase plan" as defined in Section 423 of the United States Internal
Revenue Code of 1986, as amended (the "Code"), and the regulations promulgated
thereunder, and shall be interpreted consistent therewith.

1.   ADMINISTRATION. The Plan will be administered by the Company's Board of
Directors (the "Board") or by a Committee appointed by the Board (the
"Committee"). The Board or the Committee has authority to make rules and
regulations for the administration of the Plan and its interpretation and all
decisions with regard thereto shall be final and conclusive.

2.   ELIGIBILITY. All employees of the Company, including directors who are
employees, and all employees of any subsidiary of the Company (as defined in
Section 424(f) of the Code) designated by the Board or the Committee from time
to time (each a "Designated Subsidiary"), are eligible to participate in any one
or more of the offerings of Options (as defined in Section 9) to purchase Common
Shares under this Plan provided that:

     (a)    they are customarily employed by the Company or a Designated
            Subsidiary for more than 20 hours a week and for more than five
            months in a calendar year;

     (b)    they have been employed by the Company or a Designated Subsidiary
            for at least ___ months prior to enrolling in the Plan; and

     (c)    they are employees of the Company or a Designated Subsidiary on the
            Offering Commencement Date of the applicable Plan Period (as these
            terms are defined below).

         [For purposes of this Plan, the employment relationship shall be
treated as continuing intact while the individual is on sick leave or other
leave of absence approved by the Company. Where the period of leave exceeds 90
days and the individual's right to reemployment is not guaranteed either by
statute or by contract, the employment relationship will be deemed to have
terminated on the 91st day of such leave.]

         No employee may be granted an Option (as defined in Section 9)
hereunder if such employee, immediately after the Option is granted, owns 5% or
more of the total combined voting power or value of the stock of the Company or
any subsidiary of the Company. For purposes of the preceding sentence, the
attribution rules of Section 424(d) of the Code shall

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apply in determining the stock ownership of an employee, and all stock which the
employee has a contractual right to purchase shall be treated as stock owned by
the employee.

3.   OFFERINGS. The Company will make one or more offerings ("Offerings") to
employees to purchase shares under this Plan. Offerings will begin each ________
and ________, or the first business day thereafter (each an "Offering
Commencement Date") or on such other Offering Commencement Date or Dates as the
Board or the Committee may determine. Each Offering Commencement Date will begin
a ___ month period (a "Plan Period") during which payroll deductions will be
made and held for the purchase of Common Shares at the end of the Plan Period.
The Board or the Committee may, at its discretion, choose a different Plan
Period of twelve (12) months or less for subsequent Offerings.

4.   PARTICIPATION. An employee eligible on the Offering Commencement Date of
any Offering may participate in such Offering by completing and forwarding a
subscription agreement in the form of Exhibit A to this Plan and filing it with
the Company's payroll office at least ___ days prior to the applicable Offering
Commencement Date. The form will authorize a regular payroll deduction from the
Compensation received by the employee (a "Participant") during the Plan Period.
Payroll deductions for a Participant shall commence on the first payroll
following the Offering Commencement Date and shall end on the last payroll in
the Plan Period to which such authorization is applicable, unless sooner
terminated by the Participant as provided in Section 8 hereof. Unless an
employee files a new form or withdraws from the Plan, his deductions and
purchases will continue at the same rate for future Offerings under the Plan as
long as the Plan remains in effect.

         The term "Compensation" means the amount of money reportable on the
employee's [Federal Income Tax Withholding Statement], excluding [overtime,
shift premium, incentive or bonus awards, allowances and reimbursements for
expenses such as relocation allowances for travel expenses, income or gains on
the exercise of Company stock options or stock appreciation rights, and similar
items, whether or not shown on the employee's Federal Income Tax Withholding
Statement, but including, in the case of salespersons, sales commissions to the
extent determined by the Board or the Committee].

5.   DEDUCTIONS. The Company will maintain payroll deduction accounts for all
participating employees. With respect to any Offering made under this Plan, an
employee may authorize a payroll deduction in any dollar amount up to a maximum
of [50]% of the Compensation he or she receives during the Plan Period or such
shorter period during which deductions from payroll are made. [Payroll
deductions may be at the rate of _____%, _____%, _____% or _____% of
Compensation.] Any change in Compensation during the Plan Period shall result in
an automatic corresponding change in the dollar amount withheld. The minimum
payroll deduction is such percentage of Compensation as may be established from
time to time by the Board or the Committee.

         A Participant may discontinue his or her participation in the Plan as
provided in Section 8 hereof, or may increase or decrease the rate of his or her
payroll deductions during the Plan Period by completing or filing with the
Company a new subscription agreement authorizing a change in the payroll
deduction rate. The Board may, in its discretion, limit the number of

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participation rate changes during any Plan Period. The change in rate shall be
effective with the first full payroll period following five business days after
the Company's receipt of the new subscription agreement unless the Company
elects to process a given change in participation more quickly. A Participant's
subscription agreement shall remain in effect for successive Plan Periods unless
terminated as provided in Section 8 hereof.

         At the time an Option is exercised, in whole or in part, or at the time
some or all of the Common Shares issued under the Plan are disposed of, the
Participant must make adequate provision for the Company's federal, state, or
other tax withholding obligations, if any, which arise upon the exercise of an
Option or the disposition of the Common Shares. At any time, the Company may,
but will not be obligated to, withhold from the Participant's Compensation the
amount necessary for the Company to meet applicable withholding obligations,
including any withholding required to make available to the Company any tax
deductions or benefits attributable to sale or early disposition of Common
Shares by the employee.

         No employee may be granted an Option (as defined in Section 9) which
permits his rights to purchase Common Shares under this Plan and any other
employee stock purchase plan (as defined in Section 423(b) of the Code) of the
Company and its subsidiaries, to accrue at a rate which exceeds $25,000 or the
fair market value of such Common Shares (determined at the Offering Commencement
Date of the Plan Period) for each calendar year in which the Option is
outstanding at any time.

6.   DEDUCTION CHANGES. An employee may decrease or discontinue his payroll
deduction once during any Plan Period, by filing a new payroll deduction
authorization form. However, an employee may not increase his payroll deduction
during a Plan Period. If an employee elects to discontinue his payroll
deductions during a Plan Period, but does not elect to withdraw his funds
pursuant to Section 8 hereof, funds deducted prior to his election to
discontinue will be applied to the purchase of Common Shares on the Exercise
Date (as defined below).

7.   INTEREST. Interest will not accrue and will not be paid on any employee
accounts, except to the extent that the Board or the Committee, in its sole
discretion, elects to credit employee accounts with interest at such per annum
rate as it may from time to time determine.

8.   WITHDRAWAL OF FUNDS. A Participant may at any time prior to the close of
business on the last business day in a Plan Period and for any reason
permanently draw out all but not less than all of the balance accumulated in the
Participant's account by giving written notice to the Company in the form of
Exhibit B to this Plan and thereby withdraw from participation in an Offering.
Partial withdrawals are not permitted. The Participant may not begin
participation again during the remainder of the Plan Period, but the Participant
may participate in any subsequent Offering in accordance with terms and
conditions established by the Board or the Committee.

         Except as provided in this Section 8, a Participant's withdrawal from a
Plan Period will not have any effect upon his or her eligibility to participate
in any similar plan which may hereafter be adopted by the Company or in
succeeding Plan Periods which commence after the termination of the Plan Period
from which the Participant withdraws.

                                      -3-
<PAGE>   4

9.   PURCHASE OF SHARES. On the Offering Commencement Date of each Plan Period,
the Company will grant to each eligible employee who is then a Participant in
the Plan an option ("Option") to purchase on the last business day of such Plan
Period (the "Exercise Date"), at the Option Price hereinafter provided for, the
largest number of whole shares of Common Shares of the Company as does not
exceed the number of shares determined by multiplying $2,083 by the number of
full months in the Offering Period and dividing the result by the closing price
(as defined below) on the Offering Commencement Date of such Plan Period.

         The purchase price for each share purchased will be 85% of the closing
price of the Common Shares on (i) the first business day of such Plan Period or
(ii) the Exercise Date, whichever closing price shall be less. Such closing
price shall be, (a) the closing price on any securities exchange on which the
Common Shares is listed, (b) the closing price of the Common Shares on the
Nasdaq National Market, or (c) the average of the closing bid and asked prices
in the over-the-counter-market, whichever is applicable, as published in THE
WALL STREET JOURNAL; [provided that, with respect to the first Plan Period, the
closing price on the Offering Commencement Date shall be the initial public
offering price provided for in the underwriting agreement entered into by the
Company in connection with such initial public offering]. If no sales of Common
Shares were made on such a day, the price of the Common Shares for purposes of
clauses (a) and (b) above shall be the reported price for the next preceding day
on which sales were made.

         Each employee who continues to be a Participant in the Plan on the
Exercise Date shall be deemed to have exercised his Option at the Option Price
on such date and shall be deemed to have purchased from the Company the maximum
number of full Common Shares reserved for the purpose of the Plan that his
accumulated payroll deductions on such date will pay for, but not in excess of
the maximum number determined in the manner set forth above. No fractional
Common Shares will be purchased or issued under this Plan.

         Any balance remaining in an employee's payroll deduction account at the
end of a Plan Period will be automatically refunded to the employee, except that
any balance which is less than the purchase price of one Common Share will be
carried forward into the employee's payroll deduction account for the following
Offering, unless the employee elects not to participate in the following
Offering under the Plan, in which case the balance in the employee's account
shall be refunded.

10.   ISSUANCE OF CERTIFICATES. Certificates representing Common Shares
purchased under the Plan may be issued only in the name of the Participant, in
the name of the Participant and another person of legal age as joint tenants
with rights of survivorship, or (in the Company's sole discretion) in the name
of a brokerage firm, bank or other nominee holder designated by the Participant.
The Company may, in its sole discretion and in compliance with applicable laws,
authorize the use of book entry registration of shares in lieu of issuing stock
certificates.

11.   RIGHTS ON RETIREMENT, DEATH OR TERMINATION OF EMPLOYMENT. In the event of
a Participant's termination of employment prior to the last business day of a
Plan Period, such Participant shall be deemed to have elected to withdraw from
the Plan and no payroll deduction shall be taken from any pay due and owing to
such Participant and the balance in the

                                      -4-
<PAGE>   5

Participant's account shall be paid to the Participant or, in the event of the
Participant's death, (a) to a beneficiary previously designated in a revocable
notice signed by the Participant (with any spousal consent required under state
or provincial law) or (b) in the absence of such a designated beneficiary, to
the executor or administrator of the Participant's estate or (c) if no such
executor or administrator has been appointed to the knowledge of the Company, to
such other person(s) as the Company may, in its discretion, designate. If, prior
to the last business day of the Plan Period, the Designated Subsidiary by which
a Participant is employed shall cease to be a subsidiary of the Company, or if
the Participant is transferred to a subsidiary of the Company that is not a
Designated Subsidiary, the Participant's employment shall be deemed to have been
terminated for the purposes of this Plan effective as of the effective date of
such cessation or transfer.

12.   OPTIONEES NOT STOCKHOLDERS. Neither the granting of an Option to an
employee nor the deductions from his pay shall constitute such employee a
stockholder of the shares of Common Shares covered by an Option under this Plan
until such shares have been purchased by and issued to him.

13.   RIGHTS NOT TRANSFERABLE. Rights under this Plan are not transferable by a
Participant other than by will or the laws of descent and distribution, and are
exercisable during the Participant's lifetime only by the Participant. Any
attempt at assignment, transfer, pledge or other disposition other than as
described in the preceding sentence shall be without effect, except that the
Company may treat such act as an election to withdraw funds from a Plan Period
in accordance with Section 8 hereof.

14.   DESIGNATION OF BENEFICIARY. A Participant may file a written designation
of a beneficiary who is to receive any Common Shares and cash, if any, from the
Participant's account under the Plan in the event of such Participant's death
subsequent to an Exercise Date on which an Option is exercised but prior to
delivery to such Participant of such Common Shares and cash. In addition, a
Participant may file a written designation of a beneficiary who is to receive
any cash from the Participant's account under the Plan in the event of such
Participant's death prior to exercise of an Option. If a Participant is married
and the designated beneficiary is not the spouse, the consent of such
Participant's spouse shall be required in order for any such designation to be
effective.

         Such designation of beneficiary may be changed by the Participant at
any time by written notice. In the event of the death of a Participant and in
the absence of a beneficiary validly designated under the Plan who is living at
the time of such Participant's death, the Company shall deliver such Common
Shares and/or cash to the executor or administrator of the estate of the
Participant, or if no such executor or administrator has been appointed (to the
knowledge of the Company), the Company, in its discretion, may deliver such
Common Shares and/or cash to the spouse or to any one or more dependents or
relatives of the Participant, or if no spouse, dependent or relative is known to
the Company, then to such other person as the Board or the Committee may
designate.

                                      -5-
<PAGE>   6

15.   APPLICATION OF FUNDS. All funds received or held by the Company under this
Plan may be combined with other corporate funds and may be used for any
corporate purpose and the Company shall not be obligated to segregate such funds
or to pay any interest thereon.

16.   ADJUSTMENT IN CASE OF CHANGES AFFECTING COMMON SHARES. Subject to any
required action by the shareholders of the Company, the number of shares
approved for this Plan, the price per Common Share, the share limitation set
forth in Section 9 and the number of Common Shares covered by each Option under
this Plan which has not yet been exercised, shall be proportionately adjusted
for any increase or decrease in the number of issued Common Shares resulting
from a Common Share split, Common Share consolidation, Common Share dividend,
combination or reclassification of the Common Shares, or any other increase or
decrease in the number of Common Shares effected without receipt of
consideration by the Company; provided, however, that conversion of any
convertible securities of the Company shall not be deemed to have been "effected
without receipt of consideration". Such adjustment shall be made by the Board or
the Committee, whose determination in that respect shall be final, binding and
conclusive. In the event of any other change affecting the Common Shares, such
adjustment shall be made as may be deemed equitable by the Board or the
Committee to give proper effect to such event.

17.   MERGER. If the Company shall at any time merge, amalgamate or consolidate
with another corporation and the holders of the capital stock of the Company
immediately prior to such merger, amalgamation or consolidation continue to hold
at least 80% by voting power of the capital stock of the surviving corporation
("Continuity of Control"), the holder of each Option then outstanding will
thereafter be entitled to receive at the next Exercise Date upon the exercise of
such Option for each share as to which such Option shall be exercised the
securities or property which a holder of one share of the Common Shares was
entitled to upon and at the time of such merger, amalgamation or consolidation,
and the Board or the Committee shall take such steps in connection with such
merger, amalgamation or consolidation as the Board or the Committee shall deem
necessary to assure that the provisions of Section 16 shall thereafter be
applicable, as nearly as reasonably may be, in relation to the said securities
or property as to which such holder of such Option might thereafter be entitled
to receive thereunder.

         In the event of a merger, amalgamation or consolidation of the Company
with or into another corporation which does not involve Continuity of Control,
or of a sale of all or substantially all of the assets of the Company while
unexercised Options remain outstanding under the Plan, (a) subject to the
provisions of clauses (b) and (c), after the effective date of such transaction,
each holder of an outstanding Option shall be entitled, upon exercise of such
Option, to receive in lieu of shares of Common Shares, shares of such stock or
other securities as the holders of shares of Common Shares received pursuant to
the terms of such transaction, or (b) all outstanding Options may be cancelled
by the Board or the Committee as of a date prior to the effective date of any
such transaction and all payroll deductions shall be paid out to the
participating employees, or (c) all outstanding Options may be cancelled by the
Board or the Committee as of the effective date of any such transaction,
provided that notice of such cancellation shall be given to each holder of an
Option, and each holder of an Option shall have the right to exercise such
Option in full based on payroll deductions then credited to his account

                                      -6-
<PAGE>   7

as of a date determined by the Board or the Committee, which date shall not be
less than ten (10) days preceding the effective date of such transaction.

18.   DISSOLUTION OR LIQUIDATION. In the event of the proposed dissolution or
liquidation of the Company, the Plan Period then in progress shall terminate
immediately prior to the consummation of such proposed action, unless otherwise
provided by the Board.

19.   AMENDMENT OF THE PLAN. The Board may at any time, and from time to time,
amend or suspend this Plan in whole or in part in any respect, except that (a)
if the approval of any such amendment by the shareholders of the Company is
required by Section 423 of the Code, such amendment shall not be effected
without such approval, and (b) in no event may any amendment be made which would
cause the Plan to fail to comply with Section 423 of the Code.

20.   INSUFFICIENT SHARES. In the event that the total number of shares of
Common Shares specified in elections to be purchased under any Offering plus the
number of shares purchased under previous Offerings under this Plan exceeds the
maximum number of shares issuable under this Plan, the Board or the Committee
will allot the shares then available on a pro rata basis.

21.   TERMINATION OF THE PLAN. This Plan may be terminated at any time by the
Board. Upon termination of this Plan all amounts in the accounts of
participating employees shall be promptly refunded to such employees.

22.   CONDITIONS UPON ISSUANCE OF COMMON SHARES. The Company's obligation to
sell and deliver Common Shares under this Plan is subject to listing on a
securities exchange or quotation on the Nasdaq National Market (to the extent
the Common Shares is then so listed or quoted) and the approval of all
governmental authorities required in connection with the authorization, issuance
or sale of such shares. Common Shares shall not be issued with respect to an
Option unless the exercise of such Option and the issuance and delivery of such
Common Shares pursuant thereto shall comply with all applicable provisions of
law, domestic or foreign, including, without limitation, applicable provincial
securities laws, the U.S. Securities Act of 1933, as amended, the U.S.
Securities Exchange Act of 1934, as amended, the rules and regulations
promulgated thereunder, and the requirements of any securities exchange or
quotation system upon which the Common Shares may then be listed or quoted, and
shall be further subject to the approval of counsel for the Company with respect
to such compliance.

23.   GOVERNING LAW. The Plan shall be governed by the laws of the Province of
Ontario and the federal laws of Canada applicable therein.

24.   ISSUANCE OF SHARES. Shares may be issued upon exercise of an Option from
authorized but unissued Common Shares, from Common Shares held in the treasury
of the Company, or from any other proper source.

25.   NOTIFICATION UPON SALE OF SHARES. Each employee agrees, by entering the
Plan, to promptly give the Company notice of any disposition of Common Shares
purchased under the Plan where such disposition occurs within two years after
the date of grant of the Option pursuant to which such shares were purchased.

                                      -7-
<PAGE>   8

26.   NOTICES. All notices or other communications by a Participant to the
Company under or in connection with this Plan shall be deemed to have been duly
given when received in the form specified by the Company at the location, or by
the person, designated by the Company for the receipt thereof.

27.   GENERAL. This Plan shall enure to the benefit of and be binding upon the
Company and its successors. Participation in this Plan shall be entirely
voluntary and any decision not to participate shall not affect any employee's
employment with the Company. Participation in this Plan shall not in any way
affect the right of the Company to discharge a Participant.

28.   EFFECTIVE DATE AND APPROVAL OF SHAREHOLDERS. The Plan shall take effect on
January 1, 2000 subject to approval by the shareholders of the Company as
required by Section 423 of the Code, which approval must occur within twelve
months of the adoption of the Plan by the Board.

                                         Adopted by the Board of Directors
                                         on December 15, 1999

                                         Approved by the stockholders on
                                         February __, 2000

                                      -8-

<PAGE>   9

                                    EXHIBIT A

                                 FLONETWORK INC.
                        2000 EMPLOYEE SHARE PURCHASE PLAN

                             SUBSCRIPTION AGREEMENT

                                           [ ]  Original Application
                                           [ ]  Change in Payroll Deduction Rate
                                           [ ]  Change of Beneficiary(ies)

Offering Commencement Date: ________________

1.       ___________________________ hereby elects to participate in the
         FloNetwork Inc. 2000 Employee Share Purchase Plan (the "Plan") and
         subscribes to purchase Common Shares in accordance with this
         Subscription Agreement and the Plan.

2.       I understand that contributions to the Plan may be made by payroll
         deduction as well as by other forms of payment that have been approved
         in advance in writing by the Company. I intend to contribute to the
         Plan as follows (check one or both of the following as applicable):

         I hereby authorize payroll deductions from each paycheque in the amount
         of __% of my Compensation on each pay day (not to exceed __% nor to be
         less than __%) during each Plan Period in accordance with the Plan
         (please note that no fractional percentages are permitted).

         _______ I intend to make contributions to the Plan on a basis to be
         agreed to by the undersigned and the Company.

3.       I understand that any payroll deductions authorized under section 2
         shall be accumulated for the purchase of Common Shares at the
         applicable Purchase Price determined in accordance with the Plan. I
         understand that if I do not withdraw from an Plan Period, any
         accumulated contributions to the Plan will be used to automatically
         exercise my option.

4.       I have received a copy of the complete Plan. I understand that my
         participation in the Plan is in all respects subject to the terms of
         the Plan. I understand that the grant of the option by the Company
         under this Subscription Agreement is subject to obtaining shareholder
         approval of the Plan.

5.       Common Shares purchased for me under the Plan should be issued in the
         name(s) of (employee or employee and spouse only): ___________________

<PAGE>   10

6.       I understand that if I dispose of any Common Shares received by me
         pursuant to the Plan within 2 years after the Offering Commencement
         Date (the first day of the Plan Period during which I purchased such
         Common Shares), I will be treated for federal income tax purposes as
         having received ordinary income at the time of such disposition in an
         amount equal to the excess of the fair market value of the Common
         Shares on the Purchase Date over the price which I paid for the Common
         Shares. I HEREBY AGREE TO NOTIFY THE COMPANY IN WRITING WITHIN 30 DAYS
         AFTER THE DATE OF ANY DISPOSITION OF COMMON SHARES AND I WILL MAKE
         ADEQUATE PROVISION FOR FEDERAL, STATE, PROVINCIAL OR OTHER TAX
         WITHHOLDING OBLIGATIONS, IF ANY, WHICH ARISE UPON THE DISPOSITION OF
         THE COMMON SHARES. The Company may, but will not be obligated to,
         withhold from my Compensation the amount necessary to meet any
         applicable withholding obligation including any withholding necessary
         to make available to the Company any tax deductions or benefits
         attributable to sale or early disposition of Common Shares by me.

7.       I acknowledge that (i) the Common Shares have not been registered under
         the U.S. Securities Act of 1933 (the "Securities Act") or the
         securities laws of any other jurisdiction in the United States, (ii)
         the distribution of Common Shares has not been qualified by prospectus
         in any jurisdiction in Canada, and (iii) I have no rights to require
         such registration or prospectus qualification. I acknowledge that I may
         not transfer my option for the purchase of Common Shares under the Plan
         and I agree not to transfer the Common Shares, except (i) in a
         transaction that is exempt from the registration provisions of the
         Securities Act and all applicable state laws, (ii) in a transaction
         that is exempt from the prospectus requirements of applicable
         provincial securities laws in Canada, or (iii) pursuant to an effective
         registration statement or qualified prospectus.

8.       I hereby represent and warrant that the purchase of Common Shares on my
         behalf, pursuant to the Plan, is for investment purposes only and
         without any present intention to sell or otherwise distribute or
         dispose of such Common Shares.

9.       I hereby agree to be bound by the terms of the Plan. The effectiveness
         of this Subscription Agreement is dependent upon my eligibility to
         participate in the Plan.

<PAGE>   11

10.      In the event of my death I hereby designate the following as my
         beneficiary(ies) to receive all payments and Common Shares due me under
         the Plan:

BENEFICIARY
NAME:(Please print)    _________________________________________________________
                       (First)           (Middle)                 (Last)

BENEFICIARY
ADDRESS:(Please print) _________________________________________________________

                       _________________________________________________________

                       _________________________________________________________

                       _______________________________
                       Relationship to Employee

EMPLOYEE
NAME: (Please print)   _________________________________________________________
                       (First)           (Middle)                 (Last)

EMPLOYEE'S
ADDRESS:               _________________________________________________________

                       _________________________________________________________

                       _________________________________________________________

                       __________________________________________

                       Social Insurance or Social Security Number

         I UNDERSTAND THAT THIS SUBSCRIPTION AGREEMENT SHALL REMAIN IN EFFECT
THROUGHOUT SUCCESSIVE PLAN PERIODS UNLESS TERMINATED BY ME.

Dated: ________________________

                                              __________________________________
                                              Signature of Participant

                                              __________________________________
                                              Spouse's Signature
                                              (If beneficiary other than spouse)

<PAGE>   12

                                    EXHIBIT B

                                 FLONETWORK INC.
                        2000 EMPLOYEE SHARE PURCHASE PLAN

                              NOTICE OF WITHDRAWAL

         The undersigned Participant in the Plan Period of the FloNetwork Inc.
2000 Employee Share Purchase Plan which began on ______________________________
(the "Offering Commencement Date") hereby notifies the Company that he or she
hereby withdraws from the Plan Period. He or she hereby directs the Company to
pay to the undersigned, as promptly as practicable, all contributions to the
Plan credited to his or her account with respect to such Plan Period. The
undersigned understands and agrees that his or her Option for such Plan Period
will be automatically terminated. The undersigned understands further that no
further payroll deductions will be made for the purchase of Common Shares in the
current Plan Period or for the period of six months from the date of receipt of
this notice by the Company, and that the undersigned shall be eligible to
participate in succeeding Plan Periods only by delivering to the Company a new
Subscription Agreement.

                                   Name and Address of Participant:

                                   _____________________________________________

                                   _____________________________________________

                                   _____________________________________________

                                   Signature:

                                   _____________________________________________

                                   Date: _______________________________________

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