Document:

Mamma.com Exhibit 4.1

Exhibit 4.1  

AMENDED PRIVATE
PLACEMENT AGREEMENT  

        THIS
AMENDED PRIVATE PLACEMENT AGREEMENT (“Agreement”) made effective as of this 30th
day of October, 2002 by and between Intasys Corporation (“Intasys”), an Ontario,
Canada corporation having its principal office at 388 rue St. Jacques, Montreal, Quebec,
Canada, H2Y 1S1, and Lines Overseas Management Limited (“Lines”), a Bermudan
corporation having its principal office at 27 Reid Street, Hamilton, HM 11, Bermuda.  

W I T N E S S E T H:  

    
    WHEREAS, Intasys has requested Lines to act as special advisor to assist in securing purchasers and
closing the sale of up to of two million one hundred thousand, (2,100,000),
“Units”, at an issue price of U.S. $1.32 each, (the “Issue Price”).
Each Unit shall consist of one share of Intasys’ common stock, no par value per
share, (“Common Stock”), and an “A Warrant” expiring November 30, 2004
entitling the holder to purchase one share of Common Stock at a price of U.S. $1.40 per
share; and further, only upon exercise of the A Warrant on or before the expiry date, a
“B Warrant” will be issued expiring November 30, 2006 entitling the holder to
purchase one further share of Common Stock at a price of U.S. $1.50 per share,
(collectively referred to as a “Unit”). All Units will be issued under
Regulation S promulgated under the Securities Act of 1933, as amended (“Regulation
S”); and  

        WHEREAS,
Intasys desires to retain Lines and to authorize Lines to act as placement agent of
Intasys in connection with the above-mentioned Regulation S Placement, (the
“Placement”), and Lines is willing to accept such engagement, upon the terms and
conditions provided for in this Agreement.  

        NOW,
THEREFORE, in consideration of the mutual covenants and agreements hereinafter set forth
and other valuable consideration the receipt and sufficiency of which are hereby
acknowledged, Intasys and Lines subject to the terms and conditions of this Agreement,
agree as follows:  

207 

         1.       
Engagement of Lines. Intasys hereby engages Lines, and Lines hereby accepts such
engagement, to locate and secure purchasers of Intasys’ Units in the
Placement, which purchasers shall in no respect be U.S. persons as defined in
Regulation S, and to facilitate the closing of the Placement subject to and in
accordance with all of the terms and provisions of Regulation S.  

         2.       
Authority of Lines. Lines shall and is hereby fully authorized to act as
placement agent of Intasys in connection with the Placement, and Lines covenants
and agrees that it will take no action in connection with the Placement that
would jeopardize or adversely affect the qualification under Regulation S of the
sale of the Units. Lines is and shall be solely responsible for payment of any
and all fees, expenses, and costs of Lines associated with the Placement. As
placement agent for the Placement, Lines shall obtain signatures of proposed
purchasers of Units on the form of Offshore Purchase Agreement attached as
Exhibit A to this Agreement and forward them to Intasys at its offices in
Montreal or, upon verbal authorization from Intasys’ Chairman and Chief
Executive Officer, to accept such subscriptions on behalf of Intasys.  

         3.       
Closing. Lines will use its best efforts to complete its activities as placement
agent under this Agreement and to facilitate closing of the Placement on or
before December 15, 2002.  

         4.       
Finder’s Fee. Upon the successful completion and closing of the Placement
and Intasys’ receipt of an aggregate of at least two million one hundred
thousand United States Dollars (U.S. $2,100,000), Intasys will pay Lines a
finder’s fee equal to seven and one-half percent (7.5%) of the aggregate
proceeds of the Placement paid to Intasys, whether or not such proceeds were
paid to Intasys by Lines or by individual subscribers.. Such finder’s fee
shall be paid by the issuance to Lines and/or its designees (none of whom may be
a person in the United States or a U.S. Person as defined in Regulation S
promulgated under the United States Securities Act of 1933) of the appropriate
number of Units at the Issue Price.  

    5.  
     General
Provisions.  

		    a. 
             Notices.
All notices or other communications required or permitted to be given pursuant
to this Agreement shall be in writing and shall be considered as properly given
or made if hand delivered, mailed by certified or registered mail, or sent by
prepaid telegram to the applicable address(es) appearing in the preamble to
this Agreement, or to such other address as a party may have designated by like
notice forwarded to the other parties hereto. All notices, except notices of
change of address, shall be deemed given when mailed or hand delivered and
notices of change of address shall be deemed given when received.  

		    b.  
             Binding
Agreement; Non-Assignability. Each of the provisions and agreements contained
in this Agreement shall be binding upon and inure to the benefit of the
successors and assigns of the respective parties hereto; but none of the rights or
obligations attaching to any party shall be assignable.  

208 

		   
 c.              Entire
Agreement. This Agreement, and the other documents referenced herein,
constitute the entire understanding of the parties hereto with respect to the
subject matter hereof, and no amendment, modification or alteration of the
terms hereof shall be binding unless the same be in writing, dated subsequent
to the date hereof and duly approved and executed by each of the parties
hereto.  

		    d. 
             Headings.
The headings of this Agreement are inserted for convenience and identification
only, and are in no way intended to describe, interpret, define or limit the
scope, extent or intent hereof.  

		    e. 
              Application
of an Ontario, Canada Law. This Agreement, and the application or
interpretation thereof, shall be governed exclusively by its terms and by the
laws of the Province of Ontario, Canada. Venue for all purposes shall be deemed
to lie within the Province of Ontario, Canada.  

		    f. 
              Counterparts.
This Agreement may be executed in any number of counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and
the same instrument.  

IN WITNESS WHEREOF, the parties
hereto have executed this Agreement as effective as October 30, 2002.  

INTASYS CORPORATION  

By:  s/s Daniel Bertrand

        Daniel Bertrand  

LINES OVERSEAS MANAGEMENT LIMITED  

By:   s/s Brian Lines

         Brian Lines  

209Mamma.com Exhibit 4.2

Exhibit 4.2  

INTASYS CORPORATION  

AMENDED  

SUBSCRIPTION AGREEMENT  

THE SECURITIES TO BE ISSUED PURSUANT
TO THIS SECURITIES PURCHASE AGREEMENT (THE “AGREEMENT”) HAVE NOT BEEN REGISTERED
WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) OR
THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER
REGULATION S (“REGULATION S”) PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE “1933 ACT”). THIS AGREEMENT SHALL NOT CONSTITUTE AN OFFER TO SELL
NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES TO BE SOLD PURSUANT TO THIS AGREEMENT
IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. 

THE SECURITIES TO BE ISSUED PURSUANT
TO THIS AGREEMENT MAY NOT BE SOLD, PLEDGED, TRANSFERRED OR ASSIGNED TO ANY U.S. PERSON, AS
DEFINED IN REGULATION S, OR ANY PERSON IN THE UNITED STATES, EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT AND UNDER APPLICABLE STATE SECURITIES
LAWS, OR IN A TRANSACTION WHICH IS EXEMPT FROM REGISTRATION UNDER THE PROVISIONS OF THE
1933 ACT AND UNDER PROVISIONS OF APPLICABLE STATE SECURITIES LAWS; AND IN THE CASE OF AN
EXEMPTION, ONLY IF THE ISSUER, AS HEREINAFTER DEFINED, HAS RECEIVED AN OPINION FROM
COUNSEL ACCEPTABLE TO THE ISSUER THAT SUCH TRANSACTION DOES NOT REQUIRE REGISTRATION OF
THE SECURITIES. 

210 

AMENDED SUBSCRIPTION
AGREEMENT
FOR UNITS OF INTASYS
CORPORATION  

		
	To: 	INTASYS CORPORATION (the "Issuer") 
		Attention : Chairman and Chief Executive Officer  
	  	  
	And to: 	• (the "Agent") 
		Attention: •  

The undersigned (the
“Purchaser”) hereby irrevocably subscribes for and offers to purchase from the
Issuer the Purchased Units (as defined below) at a price of US$1.32 per Unit for the
Purchase Price. Each Unit consists of one share of the Issuer’s common stock having
no par value (“Common Share”), one non-transferable warrant (the “A
Warrant”). Each A Warrant entitles the holder to purchase one Common Share at a price
of US$1.40 per share on or before November 30, 2004 (the “A Warrant Expiry
Date”). Upon the due exercise of each A Warrant on or before the A Warrant Expiry
Date the holder thereof shall be issued one further non-transferable warrant (the “B
Warrant”) identical in terms to the A Warrant except that: (i) the exercise price
shall be US$1.50 per share; (ii) the expiry date shall be before November 30, 2006 (the
“B Warrant Expiry Date”); and (iii) no further warrants shall be issued upon the
exercise of the B Warrant. Such subscription is made upon and subject to the terms and
conditions attached hereto.  

			
	___________________________________
Name of Purchaser (please print)		PRINCIPAL AMOUNT: U.S. $__________________ 
	 	 	 
			PURCHASED UNITS: __________________ 
	 	 	 
	By: ____________________________
      Authorized Signature		If the  Purchaser is signing as agent for a principal and is not
                                                                       a  trust  company  or  a  portfolio  manager,  in  either  case,
                                                                       purchasing  as trustee or agent for  accounts  fully  managed by
                                                                       it, complete the following:
	 	 	 
			
	 	 	 
	___________________________________

Official Capacity or Title (please print)		___________________________________
Name of Principal

	 	 	 
	___________________________________
(Please print name of individual whose signature appears above if
different than the name of the subscriber printed above.)		___________________________________
Principal's Address
	___________________________________
Purchaser's Address, including postal code		___________________________________
	 	 	 
	___________________________________		Deliver the Units as set forth below:

 
	___________________________________
Telephone Number		___________________________________
Name
	 
	Register the Units as set forth below:
 
 		___________________________________
Account reference, if applicable
	___________________________________
Name
 		___________________________________
Contact Name
	___________________________________
Account reference, if applicable
  		___________________________________
Address, including postal code
	___________________________________
Address, including postal code
  		___________________________________

	___________________________________
 
 		___________________________________
Telephone Number
	 	 	 
	
 
 		Purchaser's Agent:  ______________________________________
	
 
 		(If applicable)>

211 

ACCEPTANCE: The Issuer hereby accepts
the subscription as set forth above on the terms and conditions contained in this
agreement and the Issuer represents and warrants to the Purchaser that the representations
and warranties made by the Issuer to the Agent in the Agency Agreement (as defined below)
are true and correct in all material respects as of the date of Closing (as defined below)
(save and except as waived by the Agent) and that the Purchaser is entitled to rely
thereon and on the terms, conditions and covenants contained in the Agency Agreement as if
the Purchaser were a party thereto.  

Subscription No.: 

Effective as of October ____, 2002 

INTASYS CORPORATION  

Per:  _________________________ 

212 

TERMS AND CONDITIONS
OF AMENDED SUBSCRIPTION 
FOR UNITS OF INTASYS CORPORATION  

	1.  	  	Subscription.
The Purchaser understands that the Units they purchase are part of an
offering of up to two million one hundred thousand Units of the Issuer by the
Issuer through the Agent effected pursuant to the private placement
agreement (the “Agency Agreement”) between the Agent and the
Issuer dated effective as of October 30, 2002. The Purchaser further
understands that the Purchased Units will be purchased by it directly from
the Issuer pursuant to the provisions of this agreement. The Issuer
expressly acknowledges and agrees that the representations, warranties,
covenants and agreements of the Issuer set forth in the Agency Agreement
are specifically adopted and incorporated into this agreement by reference
as if set forth herein.  

	  	
The
Units will be sold to the Purchaser on the terms and conditions set forth herein. Upon
the Issuer’s acceptance of this agreement, as evidenced by the signature of an
authorized signatory of the Issuer below, this agreement shall constitute an agreement
between the Purchaser and the Issuer for the Purchaser to purchase from the Issuer the
Purchased Units on such terms and conditions.  

	  	
References
below to “this agreement” are to be read as references to the agreement
resulting from the Issuer’s acceptance of this offer.  

	2.  	  	Delivery
and Payment.  

	  	(a)  	  	Delivery
of and payment for the Purchased Units shall be completed at the offices
of the Issuer or Issuer’s counsel at such time, place and on such
date as may be mutually agreed upon by the Issuer and Purchaser (the
“Closing”).  

	  	(b)  	  	If
applicable, Purchaser’s Agent (as defined previously) is hereby
               appointed as the Purchaser’s agent and attorney to represent the
Purchaser                at the Closing for the purposes of all closing matters and
deliveries of                documents and Purchased Units and is hereby authorized, for
and on behalf of                itself and the Purchaser, by the Purchaser to extend such
time periods and                modify or waive such conditions as may be contemplated
herein or in the Agency                Agreement or as, in its absolute discretion, it
deems appropriate. Without                limiting the generality of the foregoing,
Purchaser’s Agent is specifically                authorized as the Purchaser’s
agent and attorney to exercise or not to                exercise, as it determines in its
absolute discretion, the rights of termination                in the Agency Agreement.  

213 

	3.  	  	Representations,
Warranties and Covenants of the Purchaser. By executing this agreement,
the Purchaser acknowledges and agrees that (i) the sale and delivery of
the Purchased Units to it is conditional upon the sale being exempt from the
prospectus filing requirements of any applicable securities legislation,
statutes, regulations, policies and stock exchange or self-regulatory
securities association (“Applicable Laws”) relating to the sale
of the Purchased Units or upon the issuance of such rulings, orders,
consents or approvals as may be required to permit the sale without the
requirement of filing a prospectus and (ii) upon issuance to Purchaser of
the Purchased Units, including the Common Shares included therein,
Purchaser will not beneficially own in excess of 4.99% of Issuer’s
outstanding common stock. The Purchaser, on its own behalf, further
represents, warrants and covenants to the Issuer and Agent (and
acknowledges that the Issuer and Agent and their respective counsel are
relying thereon) that:  

	  	(a)  	  	it
is solely responsible for obtaining such professional advice as it considers
          appropriate in connection with its subscription hereunder, has been
          independently advised as to or is aware of the restrictions with respect to
          trading in the Purchased Units imposed by this agreement and by securities
          legislation in the jurisdiction in which it resides and confirms that except as
          set forth expressly herein and in the Agency Agreement no representation has
          been made respecting the restrictions with respect to trading in the Purchased
          Units; it acknowledges that it is aware of the characteristics of the Purchased
          Units, the risks relating to an investment therein and of the fact that it may
          not be able to resell the Purchased Units except in accordance with limited
          exemptions under Applicable Laws; and it covenants and agrees that it will not
          resell the Purchased Units except in accordance with the provisions of
          applicable securities legislation and stock exchange rules and will consult
with           its own legal advisor with respect to such compliance;  

	  	(b)  	  	it has
not received, nor has it requested, nor does it have any need to receive           any
offering memoranda, sales or advertising literature or any other document
          (other than financial statements, interim financial statements or any publicly
          available document, the content of which is prescribed by statute or
regulation,           including any public disclosure documents describing the business
and affairs of           the Issuer which have been prepared for delivery to, and
reviewed by,           prospective purchasers in order to assist them in making an
investment decision           in respect of the Purchased Units) and they have not become
aware of any           advertisement in printed media of general and regular paid
circulation, or any           form of communication, including electronic display, the
Internet, radio or           television with respect to the distribution of the Purchased
Units;  

	  	(c)  	  	it
has such knowledge and experience in financial and business matters as to be
          capable of evaluating the merits and risks of its investment in the Purchased
          Units and are able to bear the economic risks of such investment;  

	  	(d)  	  	it
is resident in the jurisdiction set forth at the beginning of this           agreement;  

214 

	  	(e)  	  	it
consents to the Issuer making a notation on its records or giving           instructions
to any transfer agent of the Purchased Units in order to implement           the
restrictions on transfer set forth and described herein;  

	  	(f)  	  	it
has relied solely upon the publicly available information relating to the
          Issuer and, except as set forth expressly herein and in the Agency Agreement,
          not upon any verbal or written representations as to fact or otherwise made by
          or on behalf of the Issuer or the Agent or any other person associated
          therewith, and any such publicly available information having been delivered to
          the Purchaser without independent investigation or verification by the Issuer
or           the Agent or their respective legal counsel and agrees that the Issuer and
the           Agent and their respective legal counsel assume no responsibility or
liability           of any nature whatsoever for the accuracy, adequacy or completeness
of publicly           available information upon which the Purchaser’s investment
decision has           been made or as to whether all information concerning the Issuer
required to be           disclosed by the Issuer has been disclosed;  

	  	(g)  	  	it
is aware that this agreement is subject to acceptance and allotment by the
          Issuer, subject to the Agency Agreement, but that upon acceptance by the Issuer
          shall be binding upon the Issuer notwithstanding anything in the Agency
          Agreement;  

	  	(h)  	  	it
is purchasing the Purchased Units as principal for its own account and not           for
the benefit of any other person (within the meaning of applicable securities
          legislation), for investment only, and not with a view to the resale or
          distribution of all or any of the Purchased Units;  

	  	(i)  	  	if
it is resident in Canada it is resident in Ontario and is an           “accredited
investor” as defined in Ontario Securities Commission Rule           45-501—Exempt
Distributions and has concurrently executed and delivered a           Questionnaire in
the form attached as Exhibit 1 to this agreement;  

	  	(j)  	  	it
is not a U.S. Person within the meaning of Regulation S as promulgated under
          the 1933 Act, is not currently a person in the United States and (i) at the
time           any buy order is originated relating to the sale of the Units, will not be
a           U.S. Person or a person in the United States, or (ii) the purchase of the
Units           will be executed in, on or through the physical trading floor of an
established           foreign securities exchange located outside of the United States
(an           “Offshore Transaction”), and it agrees that if it decides to
offer,           sell or otherwise transfer any of the Purchased Units, such securities
may be           offered, sold or otherwise transferred only:  

	  	  	(i)  	  	 to
the Issuer;  

	  	  	(ii)  	  	in
an Offshore Transaction in accordance with Regulation S           under the 1933 Act,
provided that:  

215 

	  	  	  	(A)  	  	any
such trade (other than a trade otherwise exempt from or made in accordance           with
the prospectus and registration requirements of Applicable Laws) occurs           after
the expiry of 40 days from the date of Closing (the “Hold           Period”),
the Purchaser does not take any action to prepare the market or           create a demand
for the Purchased Units that are the subject of the trade, and           during the Hold
Period, the Purchaser does not engage in hedging transactions           with respect to
the Purchased Units being subscribed for hereunder, and  

	  	  	  	(B)  	  	such
trade is otherwise made in accordance with Applicable Laws; or  

	  	  	(iii)  	  	pursuant
to an exemption from registration under the 1933 Act and in compliance           with any
applicable state securities laws, provided that the seller has           furnished to the
Issuer an opinion to such effect from seller’s counsel, in           a form
satisfactory to the Issuer, prior to such offer, sale or transfer;  

	  	(k)  	  	it
has not been influenced by, is not aware of, and will not undertake any
          directed selling efforts made by any U.S. Person or a person in the United
          States;  

	  	(l)  	  	any
documents received by it in relation to the Purchased Units include           statements
to the effect that the Units have not been registered under the 1933           Act and
may not be offered or sold in the United States or to a U.S. Person or           any
person in the United States unless the Units, Common Shares or A Warrants           are
registered under the 1933 Act or an exemption from the registration
          requirements is available;  

	  	(m)  	  	it
understands and agrees that all offers and sales made by the Purchaser prior           to
the expiration of the Hold Period shall be made only in accordance with all           of
the applicable terms of Regulation S or pursuant to registration of the
          Purchased Units under, or pursuant to an exemption from the registration
          requirements of, the 1933 Act;  

	  	(n)  	  	if
it sells any Purchased Units to a distributor (as defined in Regulation S),           a
dealer (as defined in the 1933 Act), or a person receiving a selling
          concession, fee or other remuneration in respect of the Purchased Units sold,
          prior to the expiration of the Hold Period, it will send a confirmation or
other           notice to the purchaser that such purchaser is subject to the same
restrictions           on offers and sales that apply to a distributor under Rules 903
and 904 of           Regulation S and will ascertain that any Purchased Units sold
contain the           Regulation S legend described in paragraph 4(g) of this agreement.
Purchaser           understands that (i) its right to transfer the Purchased Units will
be           restricted as set forth in this agreement and by any Applicable Laws,
including           without limitation the provisions of Regulation S, (ii) such laws
impose           limitations upon such transfer, and (iii) the Issuer is under no
obligation to           register the Purchased Units in connection with the subsequent
transfer by           Purchaser or to aid it in obtaining for Purchaser any exemption
from such           registration;  

216 

	  	(o)  	  	it
agrees that all materials and documents (other than press releases) used in
          connection with offers and sales of the Purchased Units prior to the expiration
          of the Hold Period shall include statements in the locations required by Rule
          902(g)(2)(i)-(iii) of Regulation S, to the effect that the Purchased Units have
          not been registered under the 1933 Act and may not be offered or sold in the
          United States or to a U.S. Person or a person in the United States unless
          registered under the 1933 Act, or an exemption from the registration
          requirements of the 1933 Act is available. The Purchaser agrees that any
          Purchased Units, Common Shares or A Warrants sold by Purchaser prior to the
          expiration of the Hold Period shall contain the Regulation S legend represented
          in paragraph 4(g) of this agreement, mutatis mutandis;  

	  	(p)  	  	if
required by applicable securities legislation, policy or order or by a
          securities commission, stock exchange or other regulatory authority, or by the
          Issuer, it will execute, deliver and file or otherwise assist the Issuer in
          filing such reports, undertakings and other documents, within the prescribed
          time periods, with respect to the issue or resale of the Purchased Units (and,
          if the Purchaser is a resident of Ontario, the Questionnaire attached hereto as
          Exhibit 1) as may be required by any securities commission or other regulatory
          authority;  

	  	(q)  	  	if
an individual, such individual has attained the age of majority and is           legally
competent to execute this agreement and to take all actions required           pursuant
hereto and if a corporation, it has been duly incorporated and validly           exists
under the laws of its jurisdiction of incorporation and all necessary           approvals
by its directors and shareholders have been obtained for the execution           and
delivery of this agreement;  

	  	(r)  	  	upon
acceptance by the Issuer, this agreement will constitute a legal, valid           and
binding contract of the Purchaser enforceable against it in accordance with           its
terms (subject to bankruptcy, insolvency and other laws affecting the rights           of
creditors generally and subject to the qualification that equitable remedies
          may only be granted in the discretion of a court of competent jurisdiction) and
          will not violate or conflict with the terms of any restriction, agreement or
          undertaking respecting purchases of securities by the Purchaser or any
          applicable laws of the jurisdiction in which it is resident;  

	  	(s)  	  	if
the Purchaser is a resident in a jurisdiction other than Canada, the           delivery
of this agreement, the acceptance thereof by the Issuer and the           issuance of the
Purchased Units to the Purchaser complies with all applicable           laws of the
Purchaser’s jurisdiction of residence and domicile, and will           not cause the
Issuer or any of its officers or directors to become subject to or           require any
disclosure, prospectus or other reporting requirements;  

	  	(t)  	  	in
the case of a subscription by the Purchaser for the Purchased Units acting           as
trustee or agent for a disclosed principal, it is duly authorized to execute
          and deliver this agreement and all other necessary documentation in connection
          with such subscription on behalf of such principal and this agreement has been
          duly authorized, executed and delivered by and on behalf of, and constitutes
the           legal, valid and binding agreement of, such principal (subject to
bankruptcy,           insolvency and other laws affecting the rights of creditors
generally and           subject to the qualification that equitable remedies may only be
granted in the           discretion of a court of competent jurisdiction); and  

217 

	  	(u)  	  	neither
the Purchaser nor any of its shareholders, directors, officers,           employees or
agents has employed or incurred any liability to any broker, finder           or agent
for any brokerage fees, finder’s fee, commissions or other amounts           with
respect to this agreement or any of the transactions contemplated hereby.  

	  	
The
Purchaser, on its own behalf and (if applicable) on behalf of others for whom it is
contracting hereunder, agrees that the above representations and warranties will be true
and correct both as of the execution of this agreement and as of the time of Closing and
the representations, warranties and covenants set forth above will survive the completion
of the issuance of the Purchased Units and shall continue in full force and effect
notwithstanding any subsequent disposition by it of the Purchased Units; and the
Purchaser, on its own behalf and (if applicable) on behalf of others on whose behalf it
is contracting, shall indemnify and hold harmless each of the Agent and the Issuer and
their respective affiliates, directors, officers, employees and agents against all
losses, claims, costs, expenses and liabilities which any of them may suffer or incur as
a result of or arising from the reliance by the Agent or the Issuer on any
misrepresentation or breach of warranty made by the Purchaser hereunder. The Purchaser
undertakes to notify the Issuer and the Agent immediately of any change in
representation, warranty, acknowledgement or other information relating to the Purchaser
set forth herein (including the representations in any Exhibit or Appendix to this
agreement) which takes place prior to the time of Closing.  

218 

	4.  	  	Purchaser’s
Acknowledgements. The Purchaser acknowledges and agrees (on its own behalf
and (if applicable) on behalf of those for whom the Purchaser is
contracting hereunder) that:  

	  	(a)  	  	(i)
it (or others for whom it is contracting hereunder) is responsible for
          obtaining such legal advice as it considers appropriate in connection with the
          execution, delivery and performance by it of this agreement and the
transactions           contemplated hereunder (including the resale and transfer
restrictions referred           to in section 0 above); and (ii) Issuer’s counsel is
acting as counsel to           Issuer and not as counsel to the Purchaser and the
relationship of Issuer’s           counsel with the Purchaser is limited solely to
the provision of customary           commercial legal opinions at the time of Closing and
to responding to any           questions which the Purchaser may have regarding the terms
of the documents to           be delivered in connection with this transaction;  

	  	(b)  	  	it
(or others for whom it is contracting hereunder) has been advised to consult
          its own legal advisors with respect to applicable resale restrictions and that
          it is solely responsible, and the Issuer or Agent or their respective counsel
          are not in any way responsible, for compliance with applicable resale
          restrictions, other than with respect to the representations and warranties
made           by the Issuer herein;  

	  	(c)  	  	no
agency, governmental authority, regulatory body, stock exchange or other           entity
has made any finding or determination as to the merit for investment of,           nor
have any such agencies or governmental authorities, regulatory bodies, stock
          exchanges or other entities made any recommendation or endorsement with respect
          to, the Purchased Units;  

	  	(d)  	  	no
person has made to the Purchaser (or others for whom it is contracting
          hereunder) any written or oral representations:  

	  	  	(i) 	  	that
any person will resell or repurchase the Purchased Units;  

	  	  	(ii) 	  	that
any person will refund the purchase price of the Purchased Units, other           than as
set out herein; or  

	  	  	(iii) 	  	as
to the future price or value of the Purchased Units;  

	  	(e)  	  	that
no prospectus has been filed by the Issuer with a securities commission or
          other securities regulatory authorities in any province of Canada or any other
          jurisdiction in connection with the issuance of the Purchased Units and as a
          result:  

	  	  	(i)  	  	the
Purchaser is restricted from using most of the civil remedies available           under
Canadian securities legislation in respect of its purchase of the           Purchased
Units;  

	  	  	(ii)  	  	the
Purchaser may not receive information that would otherwise be required to           be
provided to it under applicable securities legislation or contained in a
          prospectus prepared in accordance with applicable securities legislation; and  

	  	  	(iii)  	  	the
Issuer is relieved from certain obligations that would otherwise apply           under
the securities legislation;  

219 

	  	(f)  	  	the
Purchased Units may not be sold or otherwise disposed of for a period of           twelve
months from the date of Closing in the absence of either a prospectus or           an
exemption from prospectus requirements under applicable securities           legislation;  

	  	(g)  	  	that
upon the original issuance thereof, and until such time as the same is no
          longer required under applicable legislation, certificates representing the
          Common Shares, including such certificates issued upon the exchange of the A
          Warrants and B Warrants, and all certificates issued in exchange therefore or
in           substitution thereof, shall bear the following legend:  

	  	
“UNLESS
PERMITTED UNDER APPLICABLE SECURITIES LEGISLATION, THE HOLDER OF THE SECURITIES SHALL NOT
TRADE THE SECURITIES BEFORE [INSERT THE DATE THAT IS TWELVE MONTHS AND ONE DAY AFTER THE
DATE OF CLOSING].  	  

220 

31 THE SECURITIES REPRESENTED BY THIS
CERTIFICATE HAVE BEEN OFFERED AND SOLD IN AN OFFSHORE TRANSACTION IN RELIANCE UPON
REGULATION S AS PROMULGATED BY THE SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES
ACT OF 1933 (“REGULATION S”), ACCORDINGLY THE COMMON SHARES REPRESENTED BY THIS
CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE 1933 ACT AND MAY NOT BE OFFERED FOR SALE,
SOLD OR OTHERWISE TRANSFERRED IN THE UNITED STATES OR TO A U.S. PERSON, AS DEFINED IN
REGULATION S, OR TO A PERSON IN THE UNITED STATES EXCEPT PURSUANT TO AN EFFECTIVE
REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN EXEMPTION FROM REGISTRATION
UNDER THE 1933 ACT, THE AVAILABILITY OF WHICH IS TO BE ESTABLISHED TO THE SATISFACTION OF
THE ISSUER.”; and 

	  	(h)  	  	it
has not purchased the Purchased Units as a result of any general           solicitation
or general advertising, including advertisements, articles, notices           or other
communications published in any newspaper, magazine or similar media or
          broadcast over radio or television or any seminar or meeting whose attendees
          have been invited by general solicitation or general advertising.  

	5.  	  	Issuer’s
Representations. The Issuer represents and warrants to the Purchaser as
follows (and acknowledges that the Purchaser is relying thereon):  

	  	(a) 	  	the
Issuer:  

	  	  	(i)  	  	is
duly incorporated, validly existing and in good standing under the laws of           its
jurisdiction of incorporation; and  

	  	  	(ii)  	  	has
all necessary corporate power and authority to own, lease and operate its
          assets and to conduct its business as such business is now conducted;  

	  	(b)  	  	the
Issuer has the necessary corporate power and authority to execute this
          agreement and to perform its obligations hereunder. The execution of this
          agreement by the Issuer and the performance by the Issuer of its obligations
          hereunder has been duly authorized by all necessary action on its part;  

	  	(c)  	  	this
agreement constitutes a legal, valid and binding obligation of the Issuer
          enforceable against it in accordance with its terms; and  

	  	(d)  	  	upon
consummation of the purchase contemplated hereby and upon receipt by the           Issuer
of payment therefore, the Purchaser will have acquired from the Issuer           validly
issued, fully paid and non-assessable securities of the Issuer, free and           clear
of all covenants, conditions, restrictions, voting trust arrangements,           liens,
charges, encumbrances, options and adverse claims or rights whatsoever on           the
part of the Issuer (other than pursuant to this agreement, as contemplated
          hereby, or pursuant to applicable securities and other laws).  

221 

	6.  	  	Prospectus
Exemptions. The sale and delivery of the Purchased Units to the Purchaser
or (if applicable) to any person on whose behalf the Purchaser is
contracting is conditional upon the sale being exempt from the requirement
to file a prospectus under any applicable statute relating to the sale of
the Purchased Units or upon the issuance of such orders, consents or
approvals as may be required to permit such sale without the requirement
of filing a prospectus.  

	7.  	  	Transaction
Fee. The Purchaser understands that, in connection with the issue and sale
of the Purchased Units to purchasers, Agent will receive a fee from the
Issuer consisting of Units equal to 7.5% of the total proceeds received by
the Issuer from the issuance of the Units.  

	8.  	  	Costs.
The Purchaser acknowledges and agrees that, except as may otherwise be
provided for in this agreement, all costs and expenses incurred by the
Purchaser (including any fees and disbursements of any special counsel
retained by the Purchaser) relating to the sale of the Purchased Units to
the Purchaser shall be borne by the Purchaser.  

	9.  	  	Time
of the Essence. Time shall, in all respects, be of the essence hereof.  

	10.  	  	Currency.
All references herein to money amounts are to lawful money of the United
States of America unless otherwise specified.  

	11.  	  	Headings.
The headings contained herein are for convenience only and shall not
affect the meaning or interpretation hereof.  

	12.  	  	Entire
Agreement; Amendment. This agreement constitutes the only agreement
between the parties with respect to the subject matter hereof and shall
supersede any and all prior negotiations and understandings. This
agreement may be amended or modified in any respect by written instrument
only.  

	13.  	  	Successors
and Assigns. The terms and provisions of this agreement shall be binding
upon and shall enure to the benefit of the Purchaser, the Issuer and the
Agent and their respective successors and assigns; provided that, except
as herein provided, this agreement shall not be assignable by any party
without the written consent of the others.  

	14.  	  	Governing
Law. This agreement shall be governed by and construed in accordance with
the laws of the Province of Ontario and the laws of Canada applicable
therein. The Purchaser, in its personal or corporate capacity, irrevocably
attorns to the jurisdiction of the courts of the Province of Ontario.  

	15.  	  	Languages.
The parties confirm their express wish that this agreement and all
documents and agreements directly or indirectly related thereto be drawn
up in the English language. Les parties reconnaissent leur volonté expresse
que la présente convention de souscription ainsi que tous les
documents qui s’y rattachent directement ou indirectement soient rédigés
en anglais.  

222 

	16.  	  	Effective
Date. This agreement is intended to and shall take effect on the date of
the Closing, notwithstanding its actual date of execution or delivery by any
of the parties.  

	17.  	  	Method
of Payment; Delivery of Subscription Agreement. The Purchaser shall make
payment for the Purchased Units subscribed for in such manner as Agent or
Issuer may direct so as to permit the closing of the purchase of the
Purchased Units to occur at the Closing.  

	18.  	  	Facsimile
copies. The Issuer shall be entitled to rely on delivery of a facsimile
copy of this executed Agreement, and acceptance by the Issuer of such
facsimile shall be legally effective to create a valid and binding
agreement between the Purchaser and the Issuer in accordance with the
terms hereof.  

223 

INTASYS CORPORATION  

A WARRANT  

THIS WARRANT AND THE SECURITIES TO BE
ISSUED UPON ITS EXERCISE HAVE NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND
EXCHANGE COMMISSION (THE “COMMISSION”) OR THE SECURITIES COMMISSION OF ANY STATE
PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER REGULATION S (“REGULATION S”)
PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”). THIS
WARRANT SHALL NOT CONSTITUTE AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE
WARRANT IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. 

THIS WARRANT AND THE SECURITIES TO BE
ISSUED UPON ITS EXERCISE MAY NOT BE EXERCISED, SOLD, PLEDGED, TRANSFERRED OR ASSIGNED TO
ANY U.S. PERSON, AS DEFINED IN REGULATION S, OR ANY PERSON IN THE UNITED STATES, EXCEPT
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT AND UNDER APPLICABLE
STATE SECURITIES LAWS, OR IN A TRANSACTION WHICH IS EXEMPT FROM REGISTRATION UNDER THE
PROVISIONS OF THE 1933 ACT AND UNDER PROVISIONS OF APPLICABLE STATE SECURITIES LAWS; AND
IN THE CASE OF AN EXEMPTION, ONLY IF THE ISSUER, AS HEREINAFTER DEFINED, HAS RECEIVED AN
OPINION FROM COUNSEL ACCEPTABLE TO THE ISSUER THAT SUCH TRANSACTION DOES NOT REQUIRE
REGISTRATION OF THE SECURITIES. 

THIS WARRANT AND THE WARRANT SHARES
ISSUABLE HEREUNDER ARE NOT QUALIFIED FOR SALE IN ONTARIO AND HAVE BEEN SOLD BY WAY OF
PRIVATE PLACEMENT EXEMPTION FROM PROSPECTUS AND REGISTRATION REQUIREMENTS. THE WARRANT
SHARES ISSUABLE UPON EXERCISE OF THIS WARRANT ARE SUBJECT TO HOLD PERIODS AND OTHER
TRADING RESTRICTIONS UNDER ONTARIO SECURITIES LAWS AND MAY ONLY BE SOLD OR TRANSFERRED IN
COMPLIANCE WITH, OR UNDER AN AVAILABLE EXEMPTION FROM, SUCH SECURITIES LAWS. 

224 

A WARRANT  

No. “A” -______ 

To Purchase ___________________
Common Shares of 

INTASYS CORPORATION  

    THIS WARRANT
CERTIFIES that, for value received, _____________________________________, of
__________________, _______________, ___________ (the “Purchaser”), is
entitled, upon the terms and subject to the conditions hereinafter set forth, at any time
on or after November 30, 2002 and on or prior to November 30, 2004 (the “Termination
Date”) but not thereafter, to subscribe for and purchase from INTASYS CORPORATION,
an Ontario, Canada corporation having a place of business at 388 Rue St. Jacques,
Montreal, Quebec, Canada H2Y 1S1, (the “Issuer”), __________________ (________)
shares (the “Warrant Shares”) in the Issuer’s no par value common stock
(the “Common Shares”).  

         1.       
Exercise Price. The purchase price of one Common Share (the “Exercise
Price”) under this Warrant shall be US$1.40 U.S. The Exercise Price and the
number of Common Shares for which the Warrant is exercisable shall be subject to
adjustment as provided herein.  

         2.       
Authorization of Shares. The Issuer covenants that all Common Shares which shall
be issued upon the exercise of rights represented by this Warrant will, upon
exercise of the rights represented by this Warrant and full payment of the
Exercise Price, be duly authorized, validly issued, fully paid and
non-assessable and free from all taxes, liens and charges in respect of the
issue thereof (other than taxes in respect of any transfer occurring
contemporaneously with such issue).  

         3.       
Exercise of Warrant. (a) Except as provided in paragraph 10 herein, exercise of
the purchase rights represented by this Warrant may be made at any time or
times, before the close of business on November 30, 2004, (the “Termination
Date”), or such earlier date on which this Warrant may terminate as
provided in this Warrant, by the surrender of this Warrant and the Notice of
Exercise Form annexed hereto duly executed, at the office of the Issuer (or such
other office or agency of the Issuer as the Issuer may designate by notice in
writing to the registered holder hereof at the address of such holder appearing
on the books of the Issuer) and upon payment of the Exercise Price of the shares
thereby purchased; whereupon the holder of this Warrant shall be entitled to
receive a certificate for the number of Common Shares so purchased provided that
upon issuance of such Common Shares Purchaser does not beneficially own in
excess of 4.99% of the Issuer’s outstanding common stock. Certificates for
shares purchased hereunder shall be delivered to the holder hereof within seven
(7) business days after the date on which this Warrant shall have been exercised
as aforesaid. Payment of the Exercise Price may be by certified cheque or
cashier’s cheque, by wire transfer to an account designated by the Issuer,
or in cash in an amount equal to the Exercise Price multiplied by the number of
Warrant Shares.  

225 

	  	(b) 	  	          Within
seven (7) days of exercise of this Warrant as above provided, and           together with
the delivery of the certificates for the number of Common Shares           so purchased,
the Issuer shall issue to the Purchaser a like number of further           warrants, (the
“B Warrants”), identical in form and content as this           Warrant, save
and except for the following:  

	  	  	(i)  	  	the
purchase price pursuant to such B Warrant shall be $1.50 U.S. per share;  

	  	  	(ii)  	  	the
Termination Date for the exercise of such B Warrant shall be October           31, 2006;
and  

	  	  	(iii)  	  	no
further warrant shall be issued upon exercise of such B           Warrant.  

         4.       
No Fractional Shares or Scrip. No fractional shares or scrip representing
fractional shares shall be issued upon the exercise of this Warrant.  

         5.       
Charges, Taxes and Expenses. Issuance of certificates for Common Shares upon the
exercise of this Warrant shall be made without charge to the holder hereof for
any issue or transfer tax or other incidental expense in respect of the issuance
of such certificate, all of which taxes and expenses shall be paid by the
Issuer, and such certificates shall be issued in the name of the holder of this
Warrant or in such name or names as may be directed by the holder of this
Warrant; provided, however, that in the event certificates for Common Shares are
to be issued in a name other than the name of the holder of this Warrant, this
Warrant when surrendered for exercise shall be accompanied by a form of
assignment acceptable to Issuer and attached hereto duly executed by the holder
hereof; and provided further, that upon any transfer involved in the issuance or
delivery of any certificates for Common Shares, the Issuer may require, as a
condition thereto, the payment of a sum sufficient to reimburse it for any issue
or transfer tax incidental thereto. Notwithstanding the above, this Warrant is
non-transferable, as provided in paragraph 8 below.  

         6.       
Closing of Books. The Issuer will not close its shareholder books or records in
any manner which prevents the timely exercise of this Warrant for a period of
time in excess of seven (7) trading days per year.  

         7.       
No Rights as Shareholder until Exercise. This Warrant does not entitle the
holder hereof to any voting rights or other rights as a shareholder of the
Issuer prior to the exercise hereof, including payment therefore. Upon the
surrender of this Warrant and the payment of the aggregate Exercise Price, the
Warrant Shares so purchased shall be, and be deemed to be, issued to such holder
as the record owner of such shares as of the close of business on the later of
the date of such surrender or payment.  

226 

         8.       
No Assignment or Transfer of Warrant. This Warrant is not transferable and may
not be assigned by the Purchaser in any manner.  

         9.       
Loss, Theft, Destruction or Mutilation of Warrant. The Issuer represents and
warrants that upon receipt by the Issuer of evidence reasonably satisfactory to
it of the loss, theft, destruction or mutilation of this Warrant or any
certificate relating to the Warrant Shares, and in case of loss, theft or
destruction, of indemnity or security reasonably satisfactory to it, and upon
reimbursement to the Issuer of all reasonable expenses incidental thereto, and
upon surrender and cancellation of such Warrant or certificate, if mutilated,
the Issuer will make and deliver a new Warrant or certificate of like tenor and
dated as of such cancellation, in lieu of such Warrant or certificate.  

         10.       
Saturdays, Sundays, Holidays, etc. If the last or appointed day for the taking
of any action or the expiration of any right required or granted herein shall be
a Saturday, Sunday or a legal holiday in the Province of Ontario, Canada, then
such action may be taken or such right may be exercised on the next succeeding
day that is not Saturday, Sunday or a legal holiday in the Province of Ontario.  

         11.       
Effect of Certain Events.  

	  	(a) 	  	If
at any time the Issuer proposes (i) to sell or otherwise convey all or
          substantially all of its assets, or (ii) to effect a transaction (by merger or
          otherwise) in which more than 50% of the voting power of the Issuer is disposed
          of (collectively, a “Sale or Merger Transaction”), in which the
          consideration to be received by the Issuer or its shareholders consists solely
          of cash, then the Warrant shall terminate if the Warrant has not been exercised
          by the effective date of such Sale or Merger Transaction, provided that the
          Issuer shall give the holder of this Warrant thirty (30) days prior written
          notice of such termination and of the proposed effective date of the Sale or
          Merger Transaction.  

	  	(b) 	  	If
at any time the Issuer proposes (i) to sell or otherwise convey all or
          substantially all its assets, or (ii) to effect a transaction (by merger or
          otherwise) in which more than 50% of the voting power of the Issuer is disposed
          of (collectively, a “Sale or Merger Transaction”), in which the
          consideration to be received by the Issuer or its shareholders consists solely
          of cash, then the Warrant shall terminate if the Warrant has not been exercised
          by the effective date of such Sale or Merger Transaction.  

	  	(c) 	  	In
case the Issuer shall at any time effect a Sale or Merger Transaction in           which
the consideration to be received by the Issuer or its shareholders           consists in
part of consideration other than cash, the holder of this Warrant           shall have
the right thereafter to purchase, by exercise of this Warrant and           payment of
the aggregate Exercise Price in effect immediately prior to such Sale           or Merger
Transaction, the kind and amount of shares and other securities and           property
which it would have owned or have been entitled to receive after the           happening
of such Sale or Merger Transaction had this Warrant been exercised           immediately
prior thereto.  

227 

         12.       
Adjustments of Exercise Price and Number of Warrant Shares. The number and kind
of securities purchasable upon the exercise of this Warrant and the Exercise
Price shall be subject to adjustment from time to time as provided in this
paragraph 12 below. In case the Issuer shall (i) declare or pay a dividend in
common Shares or make a distribution in Common Shares to holders of its
outstanding Common Shares, (ii) subdivide its outstanding Common Shares, (iii)
combine its outstanding Common Shares into a smaller number of Common Shares or
(iv) issue any Common Shares in a reclassification of its common stock, then the
number of Warrant Shares purchasable upon exercise of this Warrant immediately
prior thereto shall be adjusted so that the holder of this Warrant shall be
entitled to receive the kind and number of Warrant Shares or other securities of
the Issuer which he would have owned or have been entitled to receive had such
Warrant been exercised in advance thereof. Upon each such adjustment of the kind
and number of Warrant Shares or other securities of the Issuer which are
purchasable hereunder, the holder of this Warrant shall thereafter be entitled
to purchase the number of Warrant Shares or other securities resulting from such
adjustment at an Exercise Price per such Warrant Share or other security
obtained by multiplying the Exercise Price in effect immediately prior to such
adjustment by the number of Warrant Shares purchasable pursuant hereto
immediately prior to such adjustment and dividing by the number of Warrant
Shares or other securities of the Issuer resulting from such adjustment. An
adjustment made pursuant to this paragraph 12 shall become effective immediately
after the effective date of such event retroactive to the record date, if any,
for such event.  

         13.       
Voluntary Adjustment by the Issuer. The Issuer may at any time during the term
of this Warrant, reduce the then current Exercise Price to any amount and for
any period of time deemed appropriate by the Board of Directors of the Issuer.  

         14.       
Notice of Adjustment. Whenever the number of Warrant Shares or number or kind of
securities or other property purchasable upon the exercise of this Warrant or
the Exercise Price is adjusted, as herein provided, the Issuer shall promptly
mail by registered or certified mail, return receipt requested, to the holder of
this Warrant notice of such adjustment or adjustments setting forth the number
of Warrant Shares (and other securities or property) purchasable upon the
exercise of this Warrant and the Exercise Price of such Warrant Shares (and
other securities or property) after such adjustment, setting forth a brief
statement of the facts requiring such adjustment and setting forth the
computation by which such adjustment was made. Such notice, in absence of
manifest error, shall be conclusive evidence of the correctness of such
adjustment.  

         15.       
Authorized Shares. The Issuer covenants that during the period the Warrant is
outstanding, it will reserve from its authorized and unissued Common Stock a
sufficient number of shares to provide for the issuance of the Warrant Shares
upon the exercise of any purchase rights under this Warrant. The Issuer further
covenants that its issuance of this Warrant shall constitute full authority to
its officers who are charged with the duty of executing stock certificates to
execute and issue the necessary certificates for the Warrant Shares upon the
exercise of the purchase rights under this Warrant. The Issuer will take all
such reasonable action as September be necessary to assure that such Warrant
Shares may be issued as provided herein without violation of any applicable law
or regulation, or of any requirements of the Nasdaq Small Cap Stock Market or
any domestic securities exchange upon which the Common Shares may be listed.  

228 

         16.       
Transfer Restrictions Regarding Common Shares Underlying the Warrant. The
certificate or certificates representing the Common Shares to be issued at any
time prior to forty-one (41) days after the issuance of the Warrant, upon
exercise of any part or all of this Warrant, shall be subject to the following
legend restricting transfer under the 1933 Act, such legend to be substantially
as follows:  

	  	
“THESE
SECURITIES HAVE NOT BEEN REGISTERED WITH THE UNITED STATES SECURITIES AND EXCHANGE
COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE PURSUANT TO AN EXEMPTION FROM
REGISTRATION UNDER REGULATION S PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED.
THESE SECURITIES MAY NOT BE OFFERED OR SOLD TO ANY U.S. PERSON AS DEFINED BY RULE 902(o)
OF REGULATION S PROMULGATED UNDER THE SECURITIES ACT OF 1933 EXCEPT AS PERMITTED UNDER THE
SECURITIES ACT OF 1933 PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM.” 	  

    Any time
forty one (41) days after the issuance of the Warrant the holder of the restricted Common
Shares makes the certification, pursuant to the
attached Regulation S Notice, that such holder has complied with all of the requirements
of Regulation S and such other requirements as set forth therein, then the Issuer shall
cause the Transfer Agent, at the Issuer’s sole expense, to deliver the underlying
Common Shares (the “Underlying Shares”) upon such conversion without a
restrictive legend or stop transfer instructions; otherwise the Underlying Shares shall be
considered restricted securities and certificates representing such shares shall contain
restrictive legends and stop transfer instructions will be placed with the Issuer’s
Transfer Agent regarding such shares. There shall be no restrictive legend on the
Underlying Shares in the event the Warrant is exercised forty-one (41) days after the
issuance of this Warrant. 

         17.       
General.  

	  	(a) 	  	Issue
Date; Jurisdiction. The provisions of this Warrant shall be construed and shall
be given effect in all respects as if it had been issued and delivered by the
Issuer on the date hereof. This Warrant shall be binding upon any successors or
assigns of the Issuer. This Warrant shall constitute a contract under the laws
of the Province of Ontario, Canada, without regard to its conflict of law,
principles or rules.  

	  	(b) 	  	Restrictions.
 The holder hereof acknowledges that the Warrant Shares acquired upon the
exercise of this Warrant will have restrictions upon resale imposed by the
United States and Canadian Provincial, State and Federal Securities Laws.  

	  	(c) 	  	Modification
and Waiver.  This Warrant and any provisions hereof may be changed, waived,
discharged or terminated only by an instrument in writing signed by the party
against which enforcement of the same is sought.  

	  	(d) 	  	Notices.
Any notice, request or other document required or permitted to be given or
delivered to the holders hereof by the Issuer shall be delivered or shall be
sent by certified or registered mail, postage prepaid, to each such holder at
the holder’s address as shown on the books of the Issuer or to the Issuer
at the address set forth in the Agreement.  

229 

	  	(e) 	  	Entire
Agreement. This Warrant, together with all documents referenced herein, embody
the entire agreement and understanding between the parties hereto with respect
to the subject matter hereof and supersedes all prior oral or written
agreements and understandings relating to the subject matter hereof. No
statement, representation, warranty, covenant or agreement of any kind not
expressly set forth in this Warrant shall affect, or be used to interpret,
change or restrict, the express terms and provisions of this Warrant.  

	  	(f) 	  	Headings.
The headings of this Warrant are inserted for convenience and identification
only, and are in no way intended to describe, interpret, define or limit the
scope, extent or intent hereof.  

230 

        IN
WITNESS  WHEREOF,  the Issuer has caused this  Warrant to be  executed by its officer
 thereunto duly authorized.  

        Dated:
 _______________ 

		INTASYS CORPORATION
		 
		By:  s/s Daniel Bertrand 
		        DANIEL BERTRAND

231 

NOTICE OF WARRANT
EXERCISE  

To:  INTASYS CORPORATION 

         (1)       
          The undersigned hereby elects to purchase ________ Common Shares, no par value
          per share (the “Common Shares”) INTASYS CORPORATION pursuant to the
          terms of the attached Warrant, and tenders herewith payment of the Exercise
          Price in full, together with all applicable issue or transfer taxes, if any. 

         (2)       
          The undersigned hereby represents and warrants that upon issuance of the Common
          Shares, the undersigned’s total beneficial ownership of INTASYS CORPORATION
          common stock will not exceed 4.99% of all such issued and outstanding common
          shares. 

         (3)       
          Please issue a certificate or certificates representing said Common Shares, as
          well as a further “B” Warrant, in the name of the undersigned or in
          such other name as is specified below: 

	  	               _______________________________

               (Name)
 
 

               _______________________________

               (Address)
 
 

 

Dated: 

	  	      
         _______________________________

      
         Signature 

232

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00085-of-00352.parquet"}]]