Approved by board, Dec. 1, 2009

What:         Toronto Free-Net, board of directors meeting.
When:         Thursday, 12/Nov/2009, 17:45 - 20:35.
Where:        TFN Office, 600 Bay Street, suite 406.
Minute taker: Boyd with assist from Iain and Claude.

Attendance:

   7 board members:
   claudel Claude Latrémouille
     dn097 Iain Calder
     cx555 Boyd Ramsay
     aa005 Colin McGregor
     cq585 Lee MacNeill
     dn425 Cathy Martens
     cq495 Howard Lastman

   No other TFN members.

   1 member of the public:
            Tony Bolla

Minutes:

   Colin declared that he would be abstaining from any CIBC-related
   discussion and vote, because he currently works at CIBC.

   * Motion:
     WHEREAS the Canadian Imperial Bank of Commerce (CIBC) requires
     that the Board of Directors approve an Internet E-mail, Telephone
     and Fax Agreement, a copy of which has already been provided to
     each member of the Board;

     THE TREASURER MOVES THAT the Board approve CIBC's Internet
     E-mail, Telephone and Fax Agreement, and authorize two of its
     members to sign this Agreement on behalf of the Corporation.
     M/S:  Claude/Lee
     Aye: 6  Nay: 0  Motion Carried.  Colin Abstaining.

   * Motion:
     WHEREAS the Canadian Imperial Bank of Commerce (CIBC) requires
     that the Board of Directors adopt a Resolution included in the
     document titled Certificate Regarding Corporate Banking
     Resolution, a copy of which has already been provided to
     each member of the Board;

     AND WHEREAS that Certificate seems to require the signature of our
     President and of our Secretary;

     THE TREASURER MOVES THAT the Board
       a) passes the Resolution contained in CIBC's Certificate
          Regarding Corporate Banking Resolution:
       b) authorizes the Corporation's President, Iain Calder, and its
          Secretary, Boyd Ramsay, to sign this Certificate on behalf of the
          Corporation; and
       c) adds the Secretary to CIBC's list of Authorized Signing
          Officers therein.
     M/S:  Claude/Cathy
     Aye: 5  Nay: 1  Motion carried.  Colin Abstaining.

   * Moved that the Board
       a) passes the Alterna Savings Signing Authority Resolution
          (Corporation), a copy of which has already been provided to
          each member of the Board; and
       b) authorizes the Corporation's President, Iain Calder, and its
          Secretary, Boyd Ramsay, to sign the associated Certificate and
          Certificate as to Officers and Directors on behalf of the
          Corporation.
     M/S  Claude/Lee
     Aye: 7  Nay: 0  Motion carried.

   * Announcement:
     Claude is awaiting clarification from BMO re: their document, and
     will report on their reply.

   Adjourned.


                                 Boyd Ramsay
                                 Secretary