Common use of Entitlement to Direct Exercise of Statutory Rights Clause in Contracts

Entitlement to Direct Exercise of Statutory Rights. Upon the written request of a Beneficiary delivered to the Trustee, the Parent and the Trustee shall cooperate to facilitate the exercise of such Statutory Right on behalf of the Beneficiary entitled to instruct the Trustee as to the exercise thereof, such exercise of the Statutory Right to be treated, to the maximum extent possible, on the basis that such Beneficiary was the registered owner of a number of Common Shares equal to its Proportionate Share of the outstanding Series 2 Special Voting Shares.

Appears in 4 contracts

Samples: Voting Trust Agreement (SunOpta Inc.), Voting Trust Agreement (SunOpta Inc.), Voting Trust Agreement (Engaged Capital LLC)

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Entitlement to Direct Exercise of Statutory Rights. Upon the written request of a Beneficiary delivered to the Trustee, the Parent and the Trustee shall cooperate to facilitate the exercise of such Statutory Right on behalf of the Beneficiary entitled to instruct the Trustee as to the exercise thereof, such exercise of the Statutory Right to be treated, to the maximum extent possible, on the basis that such Beneficiary was the registered owner of a number of Common Shares equal to its Proportionate Share of the outstanding Series 2 Special Voting Shares.

Appears in 1 contract

Samples: Voting Trust Agreement (SunOpta Inc.)

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