Common use of BE IT RESOLVED THAT Clause in Contracts

BE IT RESOLVED THAT. 1. The arrangement (the “Arrangement”) under Section 192 of the Canada Business Corporations Act (the “CBCA”) of Neovasc Inc. (“Corporation”), as more particularly described and set forth in the management proxy circular (the “Circular”) dated [●], 2023 of Corporation accompanying the notice of this meeting (as the Arrangement may be amended, modified or supplemented in accordance with the definitive agreement, the “Arrangement Agreement”) made as of January 16, 2023 between Corporation and Purchaser, and all transactions contemplated thereby, are hereby authorized, approved and adopted.

BE IT RESOLVED THAT. 1. The arrangement (the “Arrangement”) under Section 192 of the Canada Business Corporations Act (the “CBCA”) of Neovasc involving Nexen Inc. (the “CorporationCompany”), pursuant to the arrangement agreement (the “Arrangement Agreement”) between the Company, CNOOC Limited and CNOOC Canada Holding Ltd., dated July 23, 2012, all as more particularly described and set forth in the management proxy information circular of the Company dated l (the “Circular”) dated [●]), 2023 of Corporation accompanying the notice of this meeting (as the Arrangement may be amended, modified or supplemented amended in accordance with the definitive agreement, the “Arrangement Agreement”its terms) made as of January 16, 2023 between Corporation and Purchaser, and all transactions contemplated thereby, are is hereby authorized, approved and adopted.

BE IT RESOLVED THAT. 1. The arrangement (the “Arrangement”) under Section 192 of the Canada Business Corporations Act (the “CBCA”) of Neovasc involving Tembec Inc. (the “Corporation”), as more particularly described and set forth in the management proxy information circular (the “Circular”) of the Corporation dated [●], 2023 of Corporation 2017 accompanying the notice of this meeting (as the Arrangement may be amended, modified or supplemented in accordance with the definitive agreementarrangement agreement made as of May 24, 2017, between the Corporation and Rayonier Advanced Materials Inc. (the “Arrangement Agreement”) made as of January 16), 2023 between Corporation and Purchaser, and all transactions contemplated thereby, are is hereby authorized, approved and adopted.

BE IT RESOLVED THAT. 1. The arrangement (the “Arrangement”) under Section 192 of the Canada Business Corporations Act (the “CBCA”) of Neovasc involving Nexen Inc. (the “CorporationCompany”), pursuant to the arrangement agreement (the “Arrangement Agreement”) between the Company, CNOOC Limited and CNOOC Canada Holding Ltd., dated July 23, 2012, all as more particularly described and set forth in the management proxy information circular of the Company dated ● (the “Circular”) dated [●]), 2023 of Corporation accompanying the notice of this meeting (as the Arrangement may be amended, modified or supplemented amended in accordance with the definitive agreement, the “Arrangement Agreement”its terms) made as of January 16, 2023 between Corporation and Purchaser, and all transactions contemplated thereby, are is hereby authorized, approved and adopted.