0000721748-14-001230 Sample Contracts

COLLATERAL NOTE
Collateral Note • December 23rd, 2014 • Greenestone Healthcare Corp • Services-general medical & surgical hospitals, nec • Ontario

FOR VALUE RECEIVED, 1816191 ONTARIO LTD., an Ontario registered corporation (the “Company”) and a wholly owned subsidiary of JAINTHEELAL MEDICINE PROFESSIONAL CORPORATION, an Ontario corporation (the the "Purchaser"), hereby promises to pay to the order of GREENESTONE HEALTHCARE CORPORATION, or any subsequent holder of this Note (the "Payee"), at 5734 Yonge Street, Suite 300, Toronto, Ontario M2M 4E7 or at such other place as may be designated by the Payee from time to time by notice to the Company, the principal sum of CDN$895,495.60.00. Such principal may be reduced by an amount equal to $277,500.00 by submitting for cancellation 2,408,268 shares of the common stock of the Payee for cancellation.

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SHARE PURCHASE AGREEMENT
Share Purchase Agreement • December 23rd, 2014 • Greenestone Healthcare Corp • Services-general medical & surgical hospitals, nec • Ontario

WHEREAS the Vendor is the owner of all of the shares (the “Shares”) of 1816191 Ontario Ltd. (the “Company”) and wishes to sell 100% of the Shares to the Purchaser;

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