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. 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 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 (1) Share Registrations 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 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 by such Share Registration and, commencing as soon as reasonably practicable after the effective date of this Agreement, if such Share Registrations are evidenced by a share certificate, such certificate 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 (defined in the Shareholder Rights Agreement referred to below), this [certificate/entry] certificate also evidences rights of the holder described in a the Shareholder Rights Plan Agreement Agreement, originally dated April 17, 2012, as of November 9, 1995 as subsequently amended and restated June 9, 2016, as amended and extended May 16, 2019, as amended and restated from time to time (the “Shareholder Rights Agreement”) ), between Enbridge Inc. (the “Corporation”) Corporation and Computershare Trust Company of CanadaInvestor Services Inc., 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 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 . (2) Until the mailing of a copy earlier of the Shareholder Rights Agreement Separation Time and the Expiration Time, Share Registrations with respect 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, by such Share Registrations notwithstanding the absence of the foregoing legend, until the close of business legend on the earlier of share certificates, if any, evidencing such Share Registrations. Following the Separation Time and the Expiration Time, Rights will be evidenced by Rights Certificates issued pursuant to Section 2.2 hereof.

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. (1) 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 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 Effective Date, 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 (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 Agreement, dated November 4, 2013, as of November 9such may from time to time be amended, 1995 as subsequently amended and restated restated, varied or replaced (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 reference, and a copy of which is on file at the principal executive offices of the CorporationCorporation and is available for viewing at xxx.xxxxx.xxx. Under certain circumstances set out in the Shareholder Rights Agreement, the rights may be 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 . (2) Until the mailing of a copy earlier of the Shareholder Rights Agreement to Separation Time and the holder of this [certificate/entry] without charge as soon as practicable after the receipt of a written request therefor. Expiration Time, 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 . Following the Separation Time and the Expiration Time, Rights will be evidenced by Rights Certificates issued pursuant to Section 2.2 hereof.

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 925, 1995 as subsequently amended and restated 2005 (the “Shareholder Rights Agreement”) ), between Enbridge Inc. Challenger Energy Corp. (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. 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 9May 8, 1995 as subsequently amended and restated 2017 (the “Shareholder "Rights Agreement”) "), between Enbridge Inc. Inter Pipeline Ltd. (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] 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 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 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. 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 Share certificates issued and Common Shares that are issued and registered in Book Entry Form, each after the Record Time but and 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 legend, substantially in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): form: "Until the Separation Time (as such term is defined in the Shareholder Protection 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 Protection Rights Plan Agreement originally dated as of November 9August 12, 1995 1999 as subsequently amended and restated from time to time (the “Shareholder "Rights Agreement”") between Enbridge Fantom Technologies Inc. (the “"Corporation”") and Computershare CIBC Mellon 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 head 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, may be redeemed, may expire, may become null and 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 promptly 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 Rights Plan Agreement originally dated made as of November 9August 25, 1995 as subsequently amended and restated 2011 (the “Shareholder "Rights Agreement”) "), between Enbridge Passport Potash Inc. (the “Corporation”"Company") 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 CorporationCompany. 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 Company 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 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 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 (1) Share Registrations 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 close of business on the earlier of the Separation Time and the Expiration Time, shall also evidence, in addition to Common Shares, Time will evidence one Right for each Common Share represented thereby and shall by such Share Registration and, commencing as soon as reasonably practicable after the effective date of this Agreement, if such Share Registrations are evidenced by a share certificate, such certificate will have include impressed on, printed on, written on or otherwise affixed to it, a legend in a form substantially to the following effect (adapted accordingly as the Rights Agent may reasonably require): form: 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 Agreement, dated December 13, 2012, as of November 9, 1995 as subsequently amended and restated from time to time (the “Shareholder "Rights Agreement”") between Enbridge Tembec 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 such rights may be 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 . (2) Until the mailing of a copy earlier of the Shareholder Rights Agreement Separation Time and the Expiration Time, Share Registrations with respect 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 will evidence one Right for each Common Share represented thereby, by such Share Registrations notwithstanding the absence of the foregoing legend, until the close of business legend on the earlier of share certificates, if any, evidencing such Share Registrations. Following the Separation Time and the Expiration Time, Rights will be evidenced by Rights Certificates issued pursuant to Section 2.2.