No subdivision otherwise integration of the Using Voting Shares and/or Several Voting Shares should be carried out unless of course, meanwhile, the new Numerous Voting Shares or even the Using Voting Shares, given that circumstances elizabeth trends and on an identical base
Shares thus considered for already been converted for Subordinate Voting Shares, and point otherwise reason to be granted a certification or permits representing the newest Under Voting Offers issued on the fresh automatic conversion process out-of for example Multiple Voting Offers, or perhaps the comparable in any low-certificated directory program applied of the any applicable depository otherwise transfer representative of your Company, and, against bill out-of like manager of the certificate or certificates representing the fresh Multiple Voting Shares according from which eg conversion keeps come considered to possess been exercised, once the appropriate, deliver in order to such owner a certificate or licenses symbolizing the fresh new Using Voting Offers awarded upon this new automatic conversion of these Multiple Voting Shares, or even the similar in virtually any non-certificated list program given of the one appropriate depository or transfer agent of Enterprise. When the below every Multiple Voting Offers illustrated by the one certification was immediately converted, the newest owner is permitted discovered yet another certificate representing the newest Several Voting Offers illustrated because of the brand spanking new certification that are not translated against delivery of such new certificate.
and you will, in any instance instance, this provider will, at the their expenses, productive by including time, cure otherwise result in the elimination of the relevant number of Let People from the sign in out-of owners in respect of your Multiple Voting Offers at the mercy of such as automatic conversion, add the associated gang of Enabled Holders into sign in out of owners in respect of one’s ensuing Under Voting Offers, terminate or cause the termination of every certificate otherwise licenses representing brand new Numerous Voting Shares 
therefore translated to have Using Voting Shares, and you will issue or reason enough to be granted a certificate otherwise permits representing the fresh Subordinate Voting Offers issued through to the brand new automated transformation away from instance Multiple Voting Offers, or even the equivalent in every low-certificated list program administered by the one appropriate depository otherwise import broker of Company, and you can, against acknowledgment in the relevant number of Permitted Holders of your certificate or licenses symbolizing the fresh new Numerous Voting Offers in respect regarding which such as
For each and every a good Multiple Voting Express could possibly get at any time, in the accessibility to this new proprietor, become turned into that totally reduced and you may low-assessable Subordinate Voting Show, regarding following the manner:
automated conversion provides took place, as appropriate, deliver so you’re able to particularly holders a certification otherwise certificates representing new Using Voting Offers given up on the brand new automatic conversion process of such Multiple Voting Shares, and/or similar in almost any noncertificated catalog program given of the people applicable depository or import representative of Organization.
subject (on such as for example speed) towards the prior agree of transfers but at a cost maybe not below (i) should your Delivered Bonds was Under Voting Shares, the cost from which Under Voting Shares are up coming being provided otherwise delivered; (ii) should your Delivered Bonds was Modifiable Ties, the cost where this new applicable Modifiable Bonds was following getting issued or marketed; and you may (iii) whether your Delivered Bonds was Subject Voting Shares aside from Subordinate Voting Offers, the better away from (A) the adjusted mediocre cost of the new deals for the Using Voting Shares into Toronto Stock market (otherwise including almost every other number 1 stock market on what he or she is detailed, just like the situation is generally) to the 20 trading days preceding the brand new Shipments of such Topic Voting Offers or (B) the new weighted mediocre cost of deals with the Using Voting Shares into Toronto Stock-exchange (or such almost every other primary stock exchange about what they are listed, as the situation is), the new exchange time before Shipment of these Topic Voting Offers.