Common use of Insider Status Clause in Contracts

Insider Status. The Subscriber either: ¨ Is an "Insider" of the Corporation as defined in the Policies of the TSX Venture Exchange (the "Exchange"), by virtue of being: (a) a director or senior officer of the Corporation; (b) a director or senior officer of a company that is an Insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Issuer's outstanding voting shares; (d) the Corporation itself if it holds any of its own securities. ¨ Is not an Insider of the Corporation.

Insider Status. The Subscriber either: ¨ Is an "Insider" of the Corporation as defined in the Policies of the TSX Venture Exchange (the "Exchange"), by virtue of being: (a) a director or senior officer of the Corporation; (b) a director or senior officer of a company that is an Insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Issuer's ’s outstanding voting shares; (d) the Corporation itself if it holds any of its own securities. ¨ Is not an Insider of the Corporation.

Insider Status. The Subscriber either: ¨ Is an "Insider" of the Corporation as defined in the Policies of the TSX Venture Exchange (the "Exchange"), by virtue of being: (a) a director or senior officer of the Corporation; (b) a director or senior officer of a company that is an Insider or subsidiary of the Corporation; (c) a person that beneficially owns or controls, directly or indirectly, voting shares of the Corporation carrying more than 10% of the voting rights attached to all the Issuer's outstanding voting shares; (d) the Corporation itself if it holds any of its own securities. ¨ o Is not an Insider of the Corporation.