Common use of Option Closing Clause in Contracts

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that the Lead Underwriters advise the Company the certificates (in physical or electronic form as the Lead Underwriters may advise in the notice) representing the Additional Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters: (a) such documents set forth in subsection 6.1(k) except paragraph (i), (vi) and (vii), as the Underwriters may request; and (b) the Compensation Option. 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Allotment Closing Date the Underwriters shall pay to the Company by wire transfer the gross proceeds of the sale of the Additional Common Shares, less (i) the Underwriting Fee and (ii) if so desired by Lead Underwriters, any costs and expenses owing to the Underwriters pursuant to section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Allotment Option.

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that the Lead Underwriters may advise the Company the certificates (in physical physical, electronic or electronic such other form as the Lead Underwriters may advise in the noticeadvise) representing the Additional Common Shares Securities to be issued at the Option Closing in the names and denominations reasonably requested by the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters: (a) Underwriters such documents set forth in subsection Section 6.1(k) except paragraph (i), (vi) and (vii), as the Underwriters may request; and (b) the Compensation Option. 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Over-Over- Allotment Closing Date the Underwriters shall pay to the Company by certified cheque or by wire transfer the gross proceeds of the sale of the Additional Common SharesSecurities, less (i) the Underwriting Fee and (ii) if so desired by Lead Underwriters, any costs and expenses owing to the Underwriters pursuant to section Section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s 's prior receipt of the notice in accordance with the Over-Allotment Option.

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that the Lead Underwriters Underwriter advise the Company the certificates (in physical or electronic form as the Lead Underwriters Underwriter may advise in the notice) representing the Additional Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters: (a) Underwriters such documents set forth in subsection 6.1(k6.1(u) except paragraph (i), (vi) and (vii), as the Underwriters may request; and (b) the Compensation Option. 11.4 If the Company has satisfied all of its obligations under this Agreement, Agreement that are required to be satisfied before or on the Over-Allotment Closing Date Date, the Underwriters shall pay to the Company by wire transfer the aggregate gross proceeds of the sale of the Additional Common Shares. The Company shall then pay to the Underwriters by wire transfer of immediately available funds, less an amount equal to (i) the Underwriting Underwriters’ Fee and and, (ii) if so desired by Lead Underwriters, any costs and expenses owing to the Underwriters Underwriter pursuant to section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Over- Allotment Option.

Option Closing. 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Underwriters in such locations that the Lead Underwriters advise the Company the certificates (in physical or electronic form as the Lead Underwriters may advise in the notice) representing the Additional Common Shares to be issued at the Option Closing in the names and denominations reasonably requested by the Underwriters. 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over-Allotment Option. 11.3 At the Option Closing, the Company shall deliver to the Underwriters: (a) Underwriters such documents set forth in subsection 6.1(k6.1(w) except paragraph (i), (vi) and (vii), as the Underwriters may request; and (b) the Compensation Option. 11.4 If the Company has satisfied all of its obligations under this Agreement, Agreement that are required to be satisfied before or on the Over-Allotment Closing Date Date, the Underwriters shall pay to the Company by wire transfer the aggregate gross proceeds of the sale of the Additional Common Shares. The Company shall then pay to the Underwriters by wire transfer of immediately available funds, less an amount equal to (i) the Underwriting Underwriters’ Fee and and, (ii) if so desired by Lead Underwriters, any costs and expenses owing to the Underwriters Underwriter pursuant to section 7.2. 11.5 The Company and Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over-Over- Allotment Option.