Document:

Enertopia Corp.: Exhibit 10.1 - Filed by newsfilecorp.com

ENERTOPIA CORPORATION 

NOTICE OF GRANT 

Capitalized but otherwise undefined terms in this Notice of
Grant and the attached Stock Option Agreement shall have the same defined
meanings as in the 2014 Stock Option Plan.

	Name: 	 
	 	 
	Address: 	 

You have been granted an option (the “Option”) to
purchase Common Stock of the Corporation, subject to the terms and conditions of
the Plan and the attached Stock Option Agreement, as follows: 

	 	Date of Grant: 	 
    
	 	 	 
	 	Vesting Commencement Date: 	 
    
	 	 	 
	 	Option Price per Share: 	 
    
	 	 	 
	 	Total Number of Shares Granted: 	 
    
	 	 	 
	 	Total Option Price: 	 
    
	 	 	 
	 	Type of Option: 	______________________ Incentive Stock Option
    
	 	 	 
	 	  	______________________ Nonqualified Stock
      Option 
	 	 	 
	 	Term/Expiration Date: 	______________________ years after Date of
      Grant 

Vesting Schedule: 

The Option shall vest, in whole or in part, in accordance with
the following schedule: 

[insert vesting schedule OR N/A] 

ENERTOPIA CORPORATION 

2014 Stock Option Plan 

STOCK OPTION AGREEMENT 

This STOCK OPTION AGREEMENT (“Agreement”), dated
as of the__________ day of __________, 201_____is made by and between
ENERTOPIA CORPORATION, a Nevada corporation (the “Corporation”),
and_______________ (the “Optionee,” which term as used herein
shall be deemed to include any successor to the Optionee by will or by the laws
of descent and distribution, unless the context shall otherwise require).

BACKGROUND 

Pursuant to the Corporation’s 2014 Stock Option Plan (the
“Plan”), the Corporation, acting through the Committee of the Board of
Directors (if a committee has been formed to administer the Plan) or its entire
Board of Directors (if no such committee has been formed) responsible for
administering the Plan (in either case, referred to herein as the
“Committee”), approved the issuance to the Optionee,_______________
share options at $__________ per share, effective as of the date
set forth above, of a stock option to purchase shares of Common Stock of the
Corporation at the price (the “Option Price”) set forth in the attached
Notice of Grant (which is expressly incorporated herein and made a part hereof,
the “Notice of Grant”), upon the terms and conditions hereinafter set
forth. 

NOW, THEREFORE, in consideration of the mutual premises
and undertakings hereinafter set forth, the parties hereto agree as follows:

1.         
Option; Option Price. On behalf of the Corporation, the Committee
hereby grants to the Optionee the option (the “Option”) to purchase,
subject to the terms and conditions of this Agreement and the Plan (which is
incorporated by reference herein and which in all cases shall control in the
event of any conflict with the terms, definitions and provisions of this
Agreement), that number of shares of Common Stock of the Corporation set forth
in the Notice of Grant, at an exercise price per share equal to the Option Price
as is set forth in the Notice of Grant (the “Optioned Shares”). If
designated in the Notice of Grant as an “incentive stock option,” the Option is
intended to qualify for Federal income tax purposes as an “incentive stock
option” within the meaning of Section 422 of the Code. A copy of the Plan as in
effect on the date hereof has been supplied to the Optionee, and the Optionee
hereby acknowledges receipt thereof. 

2.         
Term. The term (the “Option Term”) of the Option
shall commence on the date of this Agreement and shall expire on the Expiration
Date set forth in the Notice of Grant unless such Option shall theretofore have
been terminated in accordance with the terms of the Notice of Grant, this
Agreement or of the Plan. 

1 

3.         
Time of Exercise.

(a)     Unless accelerated in the
discretion of the Committee or as otherwise provided herein, the Option shall
become exercisable during its term in accordance with the Vesting Schedule set
out in the Notice of Grant. Subject to the provisions of Sections 5 and 8
hereof, shares as to which the Option becomes exercisable pursuant to the
foregoing provisions may be purchased at any time thereafter prior to the
expiration or termination of the Option. 

(b)     Anything contained in this
Agreement to the contrary notwithstanding, to the extent the Option is intended
to be an Incentive Stock Option, the Option shall not be exercisable as an
Incentive Stock Option, and shall be treated as a Non-Statutory Option, to the
extent that the aggregate Fair Market Value on the date hereof of all stock with
respect to which Incentive Stock Options are exercisable for the first time by
the Optionee during any calendar year (under the Plan and all other plans of the
Corporation, its parent and its subsidiaries, if any) exceeds $100,000. 

4.         
Termination of Option. 

(a)     The Optionee may exercise the
Option (but only to the extent the Option was exercisable at the time of
termination of the Optionee’s Business Relationship with the Corporation, its
parent or any of its subsidiaries) at any time within three (3) months following
the termination of the Optionee’s Business Relationship with the Corporation,
its parent or any of its subsidiaries, but not later than the scheduled
expiration date. If the termination of the Optionee’s employment is for cause or
is otherwise attributable to a breach by the Optionee of an employment,
non-competition, non-disclosure or other material agreement, the Option shall
expire immediately upon such termination. If the Optionee is a natural person
who dies while in a Business Relationship with the Corporation, its parent or
any of its subsidiaries, this option may be exercised, to the extent of the
number of shares with respect to which the Optionee could have exercised it on
the date of his death, by his estate, personal representative or beneficiary to
whom this option has been assigned pursuant to Section 9 of the Plan, at any
time within the twelve (12) month period following the date of death. If the
Optionee is a natural person whose Business Relationship with the Corporation,
its parent or any of its subsidiaries is terminated by reason of his disability,
this Option may be exercised, to the extent of the number of shares with respect
to which the Optionee could have exercised it on the date the Business
Relationship was terminated, at any time within the twelve (12) month period
following the date of such termination, but not later than the scheduled
expiration date. At the expiration of such three (3) or twelve (12) month period
or the scheduled expiration date, whichever is the earlier, this Option shall
terminate and the only rights hereunder shall be those as to which the Option
was properly exercised before such termination. 

(b)     Anything contained herein to the
contrary notwithstanding, the Option shall not be affected by any change of
duties or position of the Optionee (including a transfer to or from the
Corporation, its parent or any of its subsidiaries) so long as the Optionee
continues in a Business Relationship with the Corporation, its parent or any of
its subsidiaries. 

2 

5.         
Procedure for Exercise. 

(a)     The Option may be exercised, from
time to time, in whole or in part (but for the purchase of whole shares only),
by delivery of a written notice in the form attached as Exhibit A hereto
(the “Notice”) from the Optionee to the Secretary of the Corporation,
which Notice shall: 

(a)     state that the Optionee elects to
exercise the Option; 

(b)     state the number of shares with
respect to which the Option is being exercised (the “Optioned Shares”);

(c)     state the method of payment for the
Optioned Shares pursuant to Section 5(b); 

(d)     state the date upon which the
Optionee desires to consummate the purchase of the Optioned Shares (which date
must be prior to the termination of such Option and no later than 30 days from
the delivery of such Notice); 

(e)     include any representations of the
Optionee required under Section 8(b); 

(f)     if the Option shall be exercised in
accordance with Section 9 of the Plan by any person other than the Optionee,
include evidence to the satisfaction of the Committee of the right of such
person to exercise the Option; and 

(b)     Payment of the Option Price for the
Optioned Shares shall be made either (i) by delivery of cash or a check to the
order of the Corporation in an amount equal to the Option Price, (ii) if
approved by the Committee, by delivery to the Corporation of shares of Common
Stock of the Corporation having a Fair Market Value on the date of exercise
equal in amount to the Option Price of the options being exercised, (iii) by any
other means which the Board of Directors determines are consistent with the
purpose of the Plan and with applicable laws and regulations (including, without
limitation, the provisions of Rule 16b-3 and Regulation T promulgated by the
Federal Reserve Board), or (iv) by any combination of such methods of
payment.

(c)     The Corporation shall issue a stock
certificate in the name of the Optionee (or such other person exercising the
Option in accordance with the provisions of Section 9 of the Plan) for the
Optioned Shares as soon as practicable after receipt of the Notice and payment
of the aggregate Option Price for such shares. 

6.         
No Rights as a Stockholder. The Optionee shall not have any
privileges of a stockholder of the Corporation with respect to any Optioned
Shares until the date of issuance of a stock certificate pursuant to Section
5(c). 

7.         
Adjustments. The Plan contains provisions covering
the treatment of options in a number of contingencies such as stock splits and
mergers. Provisions in the Plan for adjustment with respect to stock subject to
options and the related provisions with respect to successors to the business of
the Corporation are hereby made applicable hereunder and are incorporated herein by reference. In general, the Optionee should not assume
that options would survive the acquisition of the Corporation. 

3 

8.         
Additional Provisions Related to Exercise.

(a)     The Option shall be exercisable
only on such date or dates and during such period and for such number of shares
of Common Stock as are set forth in this Agreement. 

(b)     To exercise the Option, the
Optionee shall follow the procedures set forth in Section 5 hereof. Upon the
exercise of the Option at a time when there is not in effect a registration
statement under the Securities Act of 1933, as amended (the “Securities
Act”), relating to the shares of Common Stock issuable upon exercise of the
Option, the Committee in its discretion may, as a condition to the exercise of
the Option, require the Optionee (i) to execute an Investment Representation
Statement substantially in the form set forth in Exhibit B hereto and
(ii) to make such other representations and warranties as are deemed appropriate
by counsel to the Corporation.

(c)     Stock certificates representing
shares of Common Stock acquired upon the exercise of Options that have not been
registered under the Securities Act shall, if required by the Committee, bear an
appropriate restrictive legend referring to the Securities Act. No shares of
Common Stock shall be issued and delivered upon the exercise of the Option
unless and until the Corporation and/or the Optionee shall have complied with
all applicable Federal or state registration, listing and/or qualification
requirements and all other requirements of law or of any regulatory agencies
having jurisdiction. 

(d)     Subject to the provisions of this
Agreement and the Plan and subject to compliance with any applicable securities
laws and the policies of the Canadian Securities Exchange, the Options shall be
exercisable, in full or in part, at any time after vesting, until termination,
provided that if the Optionee is subject to the reporting and liability
provisions of Section 16 of the Securities Exchange Act of 1934,
as amended, the Optionee shall be precluded from selling, transferring or
otherwise disposing of any Optioned Shares during the six months immediately
following the grant of the Options unless an exemption is available to such
restrictions. If less than all of the Optioned Shares included in the vested
portion of any Options are purchased, the remainder may be purchased at any
subsequent time prior to the Expiry Date. Only whole Optioned Shares may be
issued pursuant to the exercise of any Options, and to the extent that any
Option covers less than one Optioned Share, it is not exercisable. 

9.         
No Evidence of Employment or Service. Nothing contained in
the Plan or this Agreement shall confer upon the Optionee any right to continue
in a Business Relationship with the Corporation, its parent or any of its
subsidiaries or interfere in any way with the right of the Corporation, its
parent or its subsidiaries (subject to the terms of any separate agreement to
the contrary) to terminate the Optionee’s Business Relationship or to increase
or decrease the Optionee’s compensation at any time. 

10.         
Restriction on Transfer. The Option may not be transferred,
pledged, assigned, hypothecated or otherwise disposed of in any way by the
Optionee, except by will or by the laws of descent and distribution, and may be
exercised during the lifetime of the Optionee only by the Optionee. If the Optionee dies, the Option shall thereafter be
exercisable, during the period specified in Section 4, by his executors or
administrators to the full extent to which the Option was exercisable by the
Optionee at the time of his death. The Option shall not be subject to execution,
attachment or similar process. Any attempted assignment, transfer, pledge,
hypothecation or other disposition of the Option contrary to the provisions
hereof, and the levy of any execution, attachment or similar process upon the
Option, shall be null and void and without effect. The words “transfer” and
“dispose” include without limitation the making of any sale, exchange,
assignment, gift, security interest, pledge or other encumbrance, or any
contract therefor, any voting trust or other agreement or arrangement with
respect to the transfer of any interest, beneficial or otherwise, in the Option,
the creation of any other claim thereto or any other transfer or disposition
whatsoever, whether voluntary or involuntary, affecting the right, title,
interest or possession with respect to the Option. 

4 

11.         
Specific Performance. Optionee expressly agrees that the
Corporation will be irreparably damaged if the provisions of this Agreement and
the Plan are not specifically enforced. Upon a breach or threatened breach of
the terms, covenants and/or conditions of this Agreement or the Plan by the
Optionee, the Corporation shall, in addition to all other remedies, be entitled
to a temporary or permanent injunction, without showing any actual damage,
and/or decree for specific performance, in accordance with the provisions hereof
and thereof. The Board of Directors shall have the power to determine what
constitutes a breach or threatened breach of this Agreement or the Plan. Any
such determinations shall be final and conclusive and binding upon the Optionee.

12.         
Disqualifying Dispositions. To the extent the Option is intended
to be an Incentive Stock Option, and if the Optioned Shares are disposed of
within two years following the date of this Agreement or one year following the
issuance thereof to the Optionee (a “Disqualifying Disposition”), the
Optionee shall, immediately prior to such Disqualifying Disposition, notify the
Corporation in writing of the date and terms of such Disqualifying Disposition
and provide such other information regarding the Disqualifying Disposition as
the Corporation may reasonably require. 

13. Notices. All notices or other
communications which are required or permitted hereunder shall be in writing and
sufficient if (i) personally delivered or sent by telecopy, (ii) sent by
nationally-recognized overnight courier or (iii) sent by registered or certified
mail, postage prepaid, return receipt requested, addressed as follows: 

if to the Optionee, to the address (or telecopy number) set
forth on the Notice of Grant; and 

if to the Corporation, to its principal executive office as
specified in any report filed by the Corporation with the Securities and
Exchange Commission or to such address as the Corporation may have specified to
the Optionee in writing, Attention: Corporate Secretary. 

or to such other address as the party to whom notice is to be
given may have furnished to the other party in writing in accordance herewith.
Any such communication shall be deemed to have been given (i) when delivered, if
personally delivered, or when telecopied, if telecopied, (ii) on the first
Business Day (as hereinafter defined) after dispatch, if sent by
nationally-recognized overnight courier and (iii) on the third Business Day
following the date on which the piece of mail containing such communication is posted, if sent by mail. As used herein,
“Business Day” means a day that is not a Saturday, Sunday or a day on which
banking institutions in the city to which the notice or communication is to be
sent are not required to be open.

5 

14.         
Representations and Warranties. The Optionee hereby represents and
warrants to and covenants with the Corporation (which representations,
warranties and covenants shall survive the closing) that: 

	 	(a) 	
      the Optionee is a director, officer, employee or
      consultant of the Corporation or subsidiary of the Corporation;

	 	 	 
	 	(b) 	
      if the Optionee is a consultant and resident in Canada,
      the Optionee:

	 	1) 	
      is engaged to provide services to the Corporation or a
      related entity of the Corporation, other than services provided in
      relation to a distribution,

	 	 	 
	 	2) 	
      provides the services under a written contract with the
      Corporation or a related entity of the issuer, and

	 	 	 
	 	3) 	
      spends or will spend a significant amount of time and
      attention on the affairs and business of the issuer or a related entity of
      the issuer;

	 	(c) 	
      if an employee or consultant of the Corporation or
      subsidiary of the Corporation, the Optionee is a bona fide employee or
      consultant of the Corporation or subsidiary of the
  Corporation;

14.         
No Waiver. No waiver of any breach or condition of this
Agreement shall be deemed to be a waiver of any other or subsequent breach or
condition, whether of like or different nature. 

15.         
Optionee Undertaking. The Optionee hereby agrees to take
whatever additional actions and execute whatever additional documents the
Corporation may in its reasonable judgment deem necessary or advisable in order
to carry out or effect one or more of the obligations or restrictions imposed on
the Optionee pursuant to the express provisions of this Agreement. 

16.         
Modification of Rights. The rights of the Optionee are
subject to modification and termination in certain events as provided in this
Agreement and the Plan. 

17.         
Governing Law. This Agreement shall be governed by, and
construed in accordance with, the laws of the State of Nevada applicable to
contracts made and to be wholly performed therein, without giving effect to its
conflicts of laws principles. 

18.         
Counterparts; Facsimile Execution. This Agreement may be
executed in one or more counterparts, each of which shall be deemed to be an
original, but all of which together shall constitute one and the same
instrument. Facsimile execution and delivery of this Agreement is legal, valid
and binding execution and delivery for all purposes. 

6 

19.         
Entire Agreement. This Agreement (including the Notice of
Grant) and the Plan, and, upon execution, the Notice and Investment
Representation Statement, constitute the entire agreement between the parties
with respect to the subject matter hereof, and supersede all previously written
or oral negotiations, commitments, representations and agreements with respect
thereto. 

20.         
Severability. In the event one or more of the provisions of
this Agreement should, for any reason, be held to be invalid, illegal or
unenforceable in any respect, such invalidity, illegality or unenforceability
shall not affect any other provisions of this Agreement, and this Agreement
shall be construed as if such invalid, illegal or unenforceable provision had
never been contained herein.

21.         
WAIVER OF JURY TRIAL. THE OPTIONEE HEREBY EXPRESSLY,
IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN. 

[signature page follows] 

7 

IN WITNESS WHEREOF, the parties hereto have executed
this Option Agreement as of the date first written above. 

	 	ENERTOPIA CORPORATION 
	 	  
	 	  
	 	By: 	 
	 		Name:  
	 		Title:  
	 	  
	 	  
	 	Optionee: 
	 	 
	 	 
	 	Name: 

8 

NOTE RE: EXHIBITS 

EXHIBITS A AND B ARE TO BE SIGNED 

WHEN OPTIONS ARE EXERCISED, 

NOT WHEN OPTION AGREEMENT IS SIGNED. 

EXHIBIT A 

ENERTOPIA CORPORATION 

2014 Stock Option Plan 

EXERCISE NOTICE 

ENERTOPIA CORPORATION

Attention:     Chief Executive Officer 

1.     Exercise of Option. Effective
as of today, _______________________, 20__ , the undersigned (the
“Optionee”) hereby elects to exercise the Optionee’s option to purchase
________________shares of the Common Stock (the “Shares”) of ENERTOPIA
CORPORATION(the “Corporation”) under and pursuant to the 2014 Stock
Option Plan (the “Plan”) and the Stock Option Agreement dated (the
“Stock Option Agreement”), with the purchase of the Shares to be
consummated on _________________, ____ (the “Effective Date”),
which date is prior to the termination of the Option and no later than 30 days
from the date of delivery of this Notice. 

2.     Representations of the
Optionee. The Optionee acknowledges that the Optionee has received, read and
understood the Plan and the Stock Option Agreement and agrees to abide by and be
bound by their terms and conditions.

3.     Rights as Shareholder; Shares
Subject to Stockholders Agreement. Until the stock certificate evidencing
such Shares is issued (as evidenced by the appropriate entry on the books of the
Corporation or of a duly authorized transfer agent of the Corporation), no right
to vote or receive dividends or any other rights as a stockholder shall exist
with respect to the Shares, notwithstanding the exercise of the Option. The
Corporation shall issue (or cause to be issued) such stock certificate promptly
after the Effective Date, provided the applicable price has been paid and the
required documents have been received. No adjustment will be made for a dividend
or other right for which the record date is prior to the date the stock
certificate is issued, except as otherwise provided in the Plan. Unless waived
by the Corporation in writing, the Shares shall automatically become subject to
the terms and conditions of any stockholders agreement or similar agreement to
which a majority of the outstanding capital stock of the Corporation is subject
at the time of exercise and the Optionee shall sign as a condition to the
issuance of the Shares such joinder agreement, signature pages or other
documents in order to evidence the Optionee’s agreement to be so bound. 

4.     Tax Consultation. The
Optionee understands that the Optionee may suffer adverse tax consequences as a
result of the Optionee’s purchase or disposition of the Shares. The Optionee
represents that the Optionee has consulted with any tax consultants the Optionee
deems advisable in connection with the purchase or disposition of the Shares and
that the Optionee is not relying on the Corporation for any tax advice. 

5.     Successors and Assigns. The
Corporation may assign any of its rights under the Stock Option Agreement to
single or multiple assignees (who may be stockholders, officers, directors, employees or consultants of the Corporation), and this
Agreement shall inure to the benefit of the successors and assigns of the
Corporation. Subject to the restrictions on transfer set forth in the Stock
Option Agreement, this Agreement shall be binding upon the Optionee and his or
her heirs, executors, administrators, successors and assigns. 

1 

6.     Interpretation. Any dispute
regarding the interpretations of this Agreement shall be submitted by the
Optionee or by the Corporation forthwith to the Committee, which shall review
such dispute at its next regular meeting. The resolution of such a dispute by
the Committee shall be final and binding on the Corporation and on the Optionee.

7.     Governing Laws: Severability.
This Agreement shall be governed by, and construed in accordance with, the laws
of the State of Nevada applicable to contracts made and to be wholly performed
therein, without giving effect to its conflicts of laws principles. Should any
provision of this Agreement be determined by a court of law to be illegal or
unenforceable, the other provisions shall nevertheless remain effective and
shall remain enforceable. 

8.     Notices. Any notice required
or permitted hereunder shall be given in writing and shall be deemed effectively
given if given in the manner specified in the Stock Option Agreement. 

9.     Further Instruments. The
parties agree to execute such further instruments and to take such further
action as may be reasonably necessary to carry out the purposes and intent of
this Agreement. 

10.    Delivery of Payment. The
Optionee herewith delivers to the Corporation the full Option Price for the
Shares. 

11.    Entire Agreement. The Plan,
the Notice of Grant, and the Stock Option Agreement are incorporated herein by
reference. This Agreement, the Plan, the Notice of Grant, the Stock Option
Agreement, and the Investment Representation Statement constitute the entire
agreement of the parties and supersede in their entirety all prior undertakings
and agreements of the Corporation and the Optionee with respect to the subject
matter hereof. 

	Submitted by: 	Accepted by: 
	 	 
	OPTIONEE: 	ENERTOPIA CORPORATION 
	  	  
	 	 
	  	By:_____________________________ 
	 	 
	______________________________   	Its:_____________________________
	Name: 	  

2 

EXHIBIT B 

2014 Stock Option Plan 

INVESTMENT REPRESENTATION STATEMENT 

	OPTIONEE: 	 
    
	 	 
	CORPORATION: 	ENERTOPIA CORPORATION 
	 	 
	SECURITY: 	Common
      Stock 
	 	 
	AMOUNT: 	 
    
	 	 
	DATE: 	 
    

In connection with the purchase of the above-listed Securities,
the undersigned Optionee represents to the Corporation the following: 

(a)     The Optionee is aware of the
Corporation’s business affairs and financial condition and has acquired
sufficient information about the Corporation to reach an informed and
knowledgeable decision to acquire the Securities. The Optionee is acquiring
these Securities for investment for the Optionee’s own account only and not with
a view to, or for resale in connection with, a “distribution” thereof within the
meaning of the Securities Act of 1933, as amended (the “Securities Act”).

(b)     The Optionee acknowledges and
understands that the Securities constitute “restricted securities” under the
Securities Act and have not been registered under the Securities Act in reliance
upon a specific exemption therefrom, which exemption depends upon, among other
things, the bona fide nature of the Optionee’s investment intent as expressed
herein. In this connection, the Optionee understands that, in the view of the
Securities and Exchange Commission, the statutory basis for such exemption may
be unavailable if the Optionee’s representation was predicated solely upon a
present intention to hold these Securities for the minimum capital gains period
specified under tax statutes, for a deferred sale, for or until an increase or
decrease in the market price of the Securities, or for a period of one year or
any other fixed period in the future. The Optionee further understands that the
Securities must be held indefinitely unless they are subsequently registered
under the Securities Act or an exemption from such registration is available.
The Optionee further acknowledges and understands that the Corporation is under
no obligation to register the Securities. The Optionee understands that the
certificate evidencing the Securities will be imprinted with a legend which
prohibits the transfer of the Securities unless they are registered or such
registration is not required in the opinion of counsel satisfactory to the
Corporation and other legends required under the applicable state or federal
securities laws. 

Signature of Optionee:
_____________________________

Date:__________________

1Enertopia Corp.: Exhibit 10.2 - Filed by newsfilecorp.com

INVESTOR RELATIONS CONSULTING
AGREEMENT 

THIS AGREEMENT is made effective this
19th day of September, 2016. 

BETWEEN: 

Enertopia Corp., a body
corporate duly incorporated under the laws of the State of Nevada, and having an
Office at Suite 950, 1130 West Pender Street, Vancouver, BC V6E 4A4 

(hereinafter called the "Company")

OF THE FIRST PART 

AND: 

Duncan R. McKay, an individual
with principal place of business at 
Via Latino, 215. 72024 Puglia, BR,
Italia, 

(hereinafter called the "Consultant")

OF THE SECOND PART 

WHEREAS: 

A.         
Consultant agrees to serve the Company and to provide services as described
below, effective September 19, 2016; 

B.          The
Company is desirous of retaining the investor relations consulting services of
Consultant as an advisor, on a one year contract and after one year on a month
to month contract basis and the Consultant has agreed to serve the Company as an
independent contractor upon the terms and conditions hereinafter set forth; 

FOR VALUABLE CONSIDERATION it is hereby agreed as follows: 

	1. 	
      The Consultant shall provide services to the CEO and CFO
      of the Company, and perform such tasks in general including but not
      limited to the following:

	 	 
		
      Answering and initiating calls and communications of any
      kind with various institutions for purposes of corporate communications;
      setting up finance meetings; mergers; acquisitions; joint ventures;
      analysis of various regulatory reports such as those required by the US
      Securities and Exchange Commission and by various Provincial Securities
      Commissions in Canada; preparing and editing Company presentations and
      generally communicating the Company’s
information.

- 2 - 

	 	a) 	
      General Services. The Consultant shall serve the Company
      (and/or such subsidiary or subsidiaries of the company as the Company may
      from time to time require) in such consulting capacity or capacities as
      may from time to time be determined by resolution of the Board of
      Directors or senior management of the Company and shall perform such
      duties and exercise such powers as may from time be determined by
      resolution of the Board of Directors, as an independent contractor. The
      Consultant will work as needed with lawyers, partners, shareholders and
      other stakeholders as required by the Company.

	2. 	
      By virtue of this Agreement, the Company is expecting,
      and Consultant is accepting, the responsibility during the time that this
      Agreement remains in effect, the Consultant shall not act in any capacity
      whatsoever, directly or indirectly for or for the betterment of any other
      nonrelated company, partnership, or project that competes within North
      America within the same industry sector, without the Company’s prior
      written consent.

	 	 
	3. 	
      If Consultant introduces capital for the company, then at
      the time the Company receives such capital the Company shall pay an amount
      of 10% of the amount of capital raised by the Consultant for equity. If
      the source of capital demands a fee itself, then the total combined cost
      of capital shall not exceed 10%, with the Consultant agreeing to adjust
      the fee on whatever sliding scale is necessary to not exceed the 10%
      overall cap.

	 	 
	4. 	
      The Consultant will be granted 800,000 stock options upon
      signing this Agreement.

	 	 
	5. 	
      The Consultant shall be responsible for the payment of
      its income taxes and other remittances including but not limited to any
      form of insurance as shall be required by any governmental entity with
      respect to compensation paid by the Company to the Consultant. The
      Consultant will be responsible for all expenses unless preapproved in
      email or writing by the Company.

	 	 
	6. 	
      The Consultant shall not, either during the continuance
      of its contract hereunder or at any time thereafter, disclose the private
      affairs of the Company and/or its subsidiary or subsidiaries, or any
      secrets of the Company and/or its subsidiary or subsidiaries, to any
      person other than the Directors of the Company and/or its subsidiary or
      subsidiaries or for the Company's purposes and shall not (either during
      the continuance of its contract hereunder or at any time thereafter) use
      for its own purposes or for any purpose other than those of the Company
      any information it may acquire in relation to the business and affairs of
      the Company and/or its subsidiary or subsidiaries, unless required by law.
      Proprietary Information as that term is used herein shall consist of all
      knowledge, data and information which the Consultant may acquire from the
      documents and information disclosed to it by the Company, its employees,
      attorneys, consultants, independent contractors, clients or
      representatives whether orally, in written or electronic form or on
      electronic media including, by way of example and not by limitation, any
      products, customer lists, supplier lists, marketing techniques, technical
      processes, formulae, inventions or discoveries (whether patentable or
      not), innovations, suggestions, ideas, reports, data, patents, trade
      secrets and copyrights, made or developed by the Company and related data
      and information related to the conduct of the business of the Company.
      Proprietary Information shall also include discussions with officers,
      directors, employees, independent contractors, attorneys, consultants,
      clients, finance sources, customers or representatives and the fact that
      such discussions are taking place. Proprietary Information shall not be
      directly or indirectly disclosed to any other person without the prior
      written approval of the Company. Proprietary Information shall not include
      matters of general public knowledge, information legally received or
      obtained by the Consultant from a third party or parties without a duty of
      confidentiality, and information independently known or developed by the
      Consultant without the assistance of the
Company.

- 3 - 

	7. 	
      The Consultant shall well and faithfully serve the
      Company or any subsidiary as aforesaid during the continuance of its
      contract hereunder and use its best efforts to promote the interests of
      the Company.

	 	 
	8. 	
      This Agreement may be terminated forthwith by the Company
      or Consultant without prior notice if at any
time:

	 	(a) 	
      The Company or Consultant shall commit any material
      breach of any of the provisions herein contained; or

	 	 	 
	 	(b) 	
      The Company or Consultant shall be guilty of any
      misconduct or neglect in the discharge of its duties hereunder;
  or

	 	 	 
	 	(c) 	
      The Company or Consultant shall become bankrupt or make
      any arrangements or composition with its creditors; or

	 	 	 
	 	(d) 	
      The Principals of the Company or Consultant shall become
      of unsound mind or be declared incompetent to handle his own personal
      affairs; or

	 	 	 
	 	(e) 	
      The Company or Consultant shall be convicted of any
      criminal offence other than an offence which, in the reasonable opinion of
      the Board of Directors of the Company, does not affect their position as a
      Consultant or a director of the Company.

This Agreement may also be terminated
by either party upon sixty (60) days written notice to the other. Should the
Company terminate this agreement for a reason not enumerated in items 8(a),
8(b), 8(c), 8(d), or 8(e), Consultant will be entitled to all remuneration, as
it relates to transactions which were in process but had not yet closed at the
date of his termination, to which he would have otherwise been entitled for a
period of 2 months after the date of her termination. 

	9. 	
      In the event this Agreement is terminated by reason of
      default on the part of the Consultant or the written notice of the
      Company, then at the request of the Board of Directors of the Company, the
      Consultant shall cause Consultant to forthwith resign any position or
      office which he then holds with the Company or any subsidiary of the
      Company. The provisions of Paragraph 7 shall survive the termination of
      this Agreement for a period of 2 years thereafter.

	 	 
	10. 	
      The Company is aware that the Consultant may have and may
      continue to have financial interests in other companies. The Company
      agrees that the Consultant may continue to devote time to such outside
      interests, PROVIDED THAT such interests do not conflict with or hinder
      Consultant’s ability to perform his duties under this Agreement.

	 	 
	11. 	
      The services to be performed by the Consultant pursuant
      hereto are personal in character, and neither this Agreement nor any
      rights or benefits arising thereunder are assignable by the Consultant
      without the previous written consent of the Company.

	 	 
	12. 	
      With the express exception of outstanding options granted
      to Consultant as a result of Advisory Services previously performed, and
      any prior investment made by Consultant in the Company, any and all
      previous agreements, written or oral, between the parties hereto or on
      their behalf relating to the agreement between the Consultant and the
      Company are hereby terminated and cancelled
and each of the parties hereto hereby releases and forever
discharges the other party hereto of and from all manner of actions, causes of
action, claims and demands whatsoever under or in respect of any such previous
agreements. 

- 4 - 

	13. 	
      Any notice in writing or permitted to be given to the
      Consultant hereunder shall be sufficiently given if delivered to the
      Consultant personally or mailed by registered mail, postage prepaid,
      addressed to the Consultant as its last residential address known to the
      Company. Provided any such notice is mailed via guaranteed overnight
      delivery, as aforesaid shall be deemed to have been received by the
      Consultant on the first business day following the date of mailing. Any
      notice in writing required or permitted to be given to the Company
      hereunder shall be given by registered mail, postage prepaid, addressed to
      the Company at the address shown on page 1 hereof. Any such notice mailed
      as aforesaid shall be deemed to have been received by the Company on the
      first business day following the date of mailing provided such mailing is
      sent via guaranteed overnight delivery. Any such address for the giving of
      notices hereunder may be changed by notice in writing given
    hereunder.

	 	 
	14. 	
      The provisions of this Agreement shall enure to the
      benefit of and be binding upon the Consultant and the successors and
      assigns of the Company. For this purpose, the terms "successors" and
      "assigns" shall include any person, firm or corporation or other entity
      which at any time, whether by merger, purchase or otherwise, shall acquire
      all or substantially all of the assets or business of the
  Company.

	 	 
	15. 	
      Every provision of this Agreement is intended to be
      severable. If any term or provision hereof is illegal or invalid for any
      reason whatsoever, such illegality or invalidity shall not affect the
      validity of the remainder of the provisions of this Agreement.

	 	 
	16. 	
      This Agreement is being delivered and is intended to be
      managed from the Province of British Columbia and shall be construed and
      enforced in accordance with, and the rights of the parties shall be
      governed by, the laws of such Province. Similarly no provision within this
      contract is deemed valid should it conflict with the current or future
      laws of the United States of America or current or future regulations set
      forth by the United States Securities and Exchange Commission. This
      Agreement may not be changed orally, but only by an instrument in writing
      signed by the party against whom or which enforcement of any waiver,
      change, modification or discharge is sought.

	 	 
	17. 	
      This Agreement and the obligations of the Company herein
      are subject to all applicable laws and regulations in force at the local,
      State, Province, and Federal levels in both Canada and the United States.
      In the event that there is an employment dispute between the Company and
      Consultant, Consultant agrees to allow it to be settled according to
      applicable Canadian law in an applicable British Columbia
    jurisdiction.

	 	 
	18. 	
      This Agreement is in effect on a month to month basis
      unless otherwise terminated as noted above, or by mutual consent, extended
      or replaced.

- 5 - 

IN WITNESS WHEREOF this Agreement has been executed as of the
day, month and year first above written. 

	SIGNED by: 	 	DATED: 
	  	 	  
	  	 	  
	  	 	September 19, 2016 
	Robert McAllister 	 	  
	CEO and Director, 	 	  
	Enertopia Corp 	 	  
	  	 	  
	  	 	  
	  	 	  
	SIGNED by: 	 	DATED: 
	 	 	 
	 	 	 
	 	 	 
	Duncan McKay 	 	  
	Consultant

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