Common use of Legend on Common Share Certificates Clause in Contracts

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, shall also evidence, in addition to Common Shares, one Right for each Common Share represented thereby and shall have include a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): Until the Separation Time (defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] also evidences rights of the holder described in a Shareholder Rights Plan Agreement originally dated as of November 9, 1995 as subsequently amended and restated (the “Shareholder Rights Agreement”) between Enbridge Inc. (the “Corporation”) and Computershare Trust Company of Canada, the terms of which are incorporated herein by reference and a copy of which is on file at the principal executive offices of the Corporation. Under certain circumstances set out in the Shareholder Rights Agreement, the rights may expire, may become null and void or may be evidenced by separate [certificates/entries] and no longer evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] without charge as soon as practicable after the receipt of a written request therefor. Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. (a) Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed on, printed on, written on or otherwise affixed to them prior to the date hereof the legend set forth in Section 2.1 of the Original Agreement, which legend shall be deemed to be amended for all purposes to read the same as the legend set forth below, and from and after the date hereof a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): effect: "Until the Separation Time (defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement originally dated as of November 919, 1995 2012, as subsequently amended and restated effective June 9, 2021, as the same may be further amended or supplemented from time to time in accordance with the terms thereof (the “"Shareholder Rights Agreement”") between Enbridge Touchstone Exploration Inc. (the “"Corporation”") and Computershare Odyssey Trust Company of CanadaCompany, the terms of which are incorporated herein by reference and a copy of which is on file at the principal executive offices of the Corporation. Under certain circumstances set out in the Shareholder Rights Agreement, the rights may be amended or redeemed, may expire, may become null and void or may be evidenced by separate [certificates/entries] certificates and no longer evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. ." Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed on, printed on, written on or otherwise affixed to them a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): effect: Until the Separation Time (defined in the Shareholder Rights Plan Agreement referred to below), this [certificate/entry] certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement originally Agreement, dated October 13, 1992, as of November 9, 1995 as subsequently amended and restated or supplemented from time to time (the “Shareholder Rights Plan Agreement”) ), between Enbridge Inc. TransAlta Corporation (the “CorporationTransAlta”) and Computershare CIBC Mellon Trust Company of CanadaCompany, the terms of which are incorporated herein by reference and a copy of which is on file at the principal executive offices of the CorporationTransAlta. Under certain circumstances set out in the Shareholder Rights Plan Agreement, the rights may expire, may become null and void or may be evidenced by separate [certificates/entries] certificates and no longer evidenced by this [certificate/entry]. The Corporation TransAlta will mail or arrange for the mailing of a copy of the Shareholder Rights Plan Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time Time, including certificates representing Utilities Common Shares, which as at the Effective Date represent Common Shares, shall also evidence one Right for each Common Share represented evidenced thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. (a) Certificates representing issued for Common Shares, including without limitation Common Shares which are issued and Common Shares that are issued and registered in Book Entry Formupon the exercise, each conversion or exchange of Convertible Securities, after the Record Time date hereof but prior to the close of business on the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed on, printed on, written on or otherwise affixed to them a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): form: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a the Shareholder Rights Plan Agreement originally Agreement, dated as of November 9the 3rd day of August, 1995 2007, as subsequently amended and restated from time to time (the “Shareholder "Rights Agreement”) "), between Enbridge Inc. MAG Silver Corp. (the “"Corporation”") and Computershare Trust Company of CanadaInvestor Services Inc., as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file and may be inspected during normal business hours at the principal executive offices of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended, redeemed, may expire, may become null and void (if, in certain cases, they are "Beneficially Owned" by an "Acquiring Person", as such terms are defined in the Rights Agreement, or a transferee thereof) or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as is reasonably practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding as at the Record Time date hereof shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of the foregoing legend, legend until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. (a) Certificates representing issued for Common Shares, including Common Shares which are issued and Common Shares that are issued and registered in Book Entry Formupon the exercise, each conversion or exchange of Convertible Securities, after the Record Time date hereof but prior to the close of business on the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed on, printed on, written on or otherwise affixed to them a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): form: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a the Shareholder Rights Plan Agreement originally Agreement, dated as of November 9the 15th day of May, 1995 2018, as subsequently amended and restated from time to time (the “Shareholder "Rights Agreement”) "), between Enbridge Inc. Americas Silver Corporation (the “"Corporation”") and Computershare Trust Company of CanadaInvestor Services Inc., as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file and may be inspected during normal business hours at the principal executive offices of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended, redeemed, may expire, may become null and void (if, in certain cases, they are "Beneficially Owned" by an "Acquiring Person", as such terms are defined in the Rights Agreement, or a transferee thereof) or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as is reasonably practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding as at the Record Time date hereof shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of the foregoing legend, legend until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing for Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but hereof and prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed, printed, or written thereon or otherwise affixed thereto a legend in a form substantially to the following effect (adapted accordingly as form: “Until the Rights Agent may reasonably require): Until earlier of the Separation Time or the Expiration Time (as such terms are defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Rights Plan Agreement originally dated as of November 9September 16, 1995 as subsequently amended and restated 2013 (the “Shareholder Rights Agreement”) ), as amended on June 3, 2014 between Enbridge Trillium Therapeutics Inc. (the “Corporation”) and Computershare Trust Company of CanadaInvestor Services Inc., as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file and may be inspected during normal business hours at the principal executive offices of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended or redeemed, may expire, may become null and void void, or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable within five days after the receipt of a written request therefor. .” Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of a legend in substantially the foregoing legend, form until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. (a) Certificates representing issued for Common Shares, including without limitation Common Shares which are issued and Common Shares that are issued and registered in Book Entry Formupon the conversion of Convertible Securities, each after the Record Time date hereof but prior to the close of business on the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed on, printed on, written on or otherwise affixed to them a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): form: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a the Shareholder Rights Plan Agreement originally Agreement, dated as of November 9the July 23, 1995 2019, as subsequently amended and restated from time to time (the “Shareholder Rights Agreement”) ), between Enbridge Inc. Nextleaf Solutions Ltd. (the “Corporation”) and Computershare Odyssey Trust Company of CanadaCompany, as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file and may be inspected during normal business hours at the principal executive offices of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended, redeemed, may expire, may become null and void (if, in certain cases, they are “Beneficially Owned” by an “Acquiring Person”, as such terms are defined in the Rights Agreement, or a transferee thereof) or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable promptly after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding as at the Record Time date hereof shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of the foregoing legend, legend until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. (a) Certificates representing for the Common Shares, including without limitation Common Shares which are issued and Common Shares that are upon the conversion of Convertible Securities, issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and and, commencing as soon as reasonably practicable after the Record Time, shall have include a legend in a form substantially impressed on, printed on, written on or otherwise affixed to them, the following effect (adapted accordingly as the Rights Agent may reasonably require): legend: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Rights Plan Agreement originally dated as of November 914, 1995 2023, as subsequently amended and restated such may from time to time be amended, restated, varied or replaced (the “Shareholder "Rights Agreement”) "), between Enbridge Inc. Skeena Resources Limited (the “"Corporation”") and Computershare Trust Company of CanadaInvestor Services Inc. as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices registered office of the Corporation. Under In certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended, redeemed, may expire, may become null and void (if, in certain cases, they are "Beneficially Owned" by an "Acquiring Person", as such terms are defined in the Rights Agreement, or a transferee thereof) or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed on, printed on, written on or otherwise affixed to them a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): effect: Until the Separation Time (defined in the Shareholder Rights Plan Agreement referred to below), this [certificate/entry] certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement originally Agreement, dated October 13, 1992, as of November 9, 1995 as subsequently amended and restated or supplemented from time to time (the “Shareholder Rights Plan Agreement”) ), between Enbridge Inc. TransAlta Corporation (the “CorporationTransAlta”) and Computershare CST Trust Company of CanadaCompany, the terms of which are incorporated herein by reference and a copy of which is on file at the principal executive offices of the CorporationTransAlta. Under certain circumstances set out in the Shareholder Rights Plan Agreement, the rights may expire, may become null and void or may be evidenced by separate [certificates/entries] certificates and no longer evidenced by this [certificate/entry]. The Corporation TransAlta will mail or arrange for the mailing of a copy of the Shareholder Rights Plan Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time Time, including certificates representing Utilities Common Shares, which as at the Effective Date represent Common Shares, shall also evidence one Right for each Common Share represented evidenced thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, shall also evidence, in addition to Common Shares, one Right for each Common Share represented thereby and shall have include a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): Until the Separation Time (defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] also evidences rights of the holder described in a Shareholder Rights Plan Agreement originally dated as of November 9, 1995 as subsequently amended and restated (the “Shareholder Rights Agreement”) between Enbridge Inc. (the “Corporation”) and Computershare CST Trust Company of CanadaCompany, the terms of which are incorporated herein by reference and a copy of which is on file at the principal executive offices of the Corporation. Under certain circumstances set out in the Shareholder Rights Agreement, the rights may expire, may become null and void or may be evidenced by separate [certificates/entries] and no longer evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] without charge as soon as practicable after the receipt of a written request therefor. Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to the Common Shares, one Right for each Common Share represented evidenced thereby and shall have include a legend in a form substantially impressed on, printed on, written on or otherwise affixed to them the following effect (adapted accordingly as the Rights Agent may reasonably require): legend: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Protection Rights Plan Agreement originally dated made as of November 9March 13, 1995 as subsequently amended and restated 2008 (the “Shareholder "Rights Agreement”) between Enbridge Inc. "), betweenTransGlobe Energy Corporation. (the “"Corporation”") and Computershare Trust Company of Canada, as rights agent, as amended from time to time, the terms of which are hereby incorporated herein by reference and a copy of which is on file may be inspected during normal business hours at the principal executive offices office of the Corporation. Under certain circumstances circumstances, as set out in the Shareholder Rights Agreement, the rights Rights may be amended, redeemed, may expire, may become null and void or may be evidenced by separate [certificates/entries] certificates and no longer evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented evidenced thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. (a) Certificates representing the Common Shares, including without limitation Common Shares which are issued and Common Shares that are upon the conversion of Convertible Securities, issued and registered in Book Entry Form, each after the later of (i) the Record Time and (ii) the date on which all required regulatory approvals required in respect of this Agreement have been received, but prior to the Close of Business on the earlier of (iii) the Separation Time and (iv) the Expiration Time, shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include a legend in a form substantially impressed on, printed on, written on or otherwise affixed to them the following effect (adapted accordingly as the Rights Agent may reasonably require): legend: “Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Rights Plan Agreement originally dated Agreement, made as of November 9March 10, 1995 as subsequently amended and restated 2004 (the “Shareholder Rights Agreement”) ), between Enbridge Inc. (the “Corporation”) Corporation and Computershare Trust Company of Canada, as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file at the principal executive offices registered office of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended or redeemed, may expire, may become null and void (if, in certain cases, they are “Beneficially Owned” by an “Acquiring Person”, as such terms are defined in the Rights Agreement, or a transferee thereof) or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Table of Contents Shareholder Rights Plan Agreement March 10, 2004 Page 18 of 44 Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.”

Legend on Common Share Certificates. Certificates representing for Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but hereof and prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed, printed, or written thereon or otherwise affixed thereto a legend in a form substantially to the following effect (adapted accordingly as form: “Until the Rights Agent may reasonably require): Until earlier of the Separation Time or the Expiration Time (as such terms are defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Rights Plan Agreement originally dated as of November 9May 8, 1995 as subsequently amended and restated 2015 (the “Shareholder Rights Agreement”) ), between Enbridge Titan Medical Inc. (the “Corporation”) and Computershare Trust Company of Canada, as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file and may be inspected during normal business hours at the principal executive offices of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended or redeemed, may expire, may become null and void void, or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable within five days after the receipt of a written request therefor. .” Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of a legend in substantially the foregoing legend, form until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing for Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but hereof and prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to Common Shares, evidence one Right for each Common Share represented thereby and shall have include impressed, printed, or written thereon or otherwise affixed thereto a legend in a form substantially to the following effect (adapted accordingly as form: “Until the Rights Agent may reasonably require): Until earlier of the Separation Time or the Expiration Time (as such terms are defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Rights Plan Agreement originally dated as of November 9September 16, 1995 as subsequently amended and restated 2013 (the “Shareholder Rights Agreement”) ), between Enbridge Inc. Stem Cell Therapeutics Corp. (the “Corporation”) and Computershare Trust Company of Canada, as Rights Agent, the terms of which are hereby incorporated herein by reference and a copy of which is on file and may be inspected during normal business hours at the principal executive offices of the Corporation. Under certain circumstances circumstances, as set out forth in the Shareholder Rights Agreement, the rights such Rights may be amended or redeemed, may expire, may become null and void void, or may be evidenced by separate [certificates/entries] certificates and may no longer be evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable within five days after the receipt of a written request therefor. .” Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented thereby, evidenced thereby notwithstanding the absence of a legend in substantially the foregoing legend, form until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to the Common Shares, one Right for each Common Share represented evidenced thereby and shall have include a legend in a form substantially impressed on, printed on, written on or otherwise affixed to them the following effect (adapted accordingly as the Rights Agent may reasonably require): legend: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Rights Plan Agreement originally Agreement, dated as of November 9May 19, 1995 as subsequently amended and restated 1999 (the “Shareholder "Rights Agreement”) "), between Enbridge Centurion Energy International Inc. (the “"Corporation”") and Computershare Montreal Trust Company of Canada, as rights agent, as amended from time to time, the terms of which are incorporated herein by reference and a copy of which is on file may be inspected during normal business hours at the principal executive offices office of the Corporation. Under certain circumstances as set out in the Shareholder Rights Agreement, the rights Rights may be amended, redeemed, may expire, may become null and void or may be evidenced by separate [certificates/entries] certificates and no longer evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented evidenced thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.

Legend on Common Share Certificates. Certificates representing Common Shares which are issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but prior to the earlier of the Separation Time and the Expiration Time, Time shall also evidence, in addition to the Common Shares, one Right for each Common Share represented evidenced thereby and shall have include a legend in a form substantially impressed on, printed on, written on or otherwise affixed to them the following effect (adapted accordingly as the Rights Agent may reasonably require): legend: Until the Separation Time (as defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of and entitles the holder described hereof to certain Rights as set forth in a Shareholder Protection Rights Plan Agreement originally dated made as of November 9March 15, 1995 as subsequently amended and restated 2011 (the “Shareholder "Rights Agreement”) "), between Enbridge Inc. TransGlobe Energy Corporation. (the “"Corporation”") and Computershare Olympia Trust Company of CanadaCompany, as rights agent, as amended from time to time, the terms of which are hereby incorporated herein by reference and a copy of which is on file may be inspected during normal business hours at the principal executive offices office of the Corporation. Under certain circumstances circumstances, as set out in the Shareholder Rights Agreement, the rights Rights may be amended, redeemed, may expire, may become null and void or may be evidenced by separate [certificates/entries] certificates and no longer evidenced by this [certificate/entry]. The Corporation will mail or arrange for the mailing of a copy of the Shareholder Rights Agreement to the holder of this [certificate/entry] certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time shall also evidence one Right for each Common Share represented evidenced thereby, notwithstanding the absence of the foregoing legend, until the close of business on the earlier of the Separation Time and the Expiration Time.