Common use of OPTION TO ELECT REPAYMENT Clause in Contracts

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably requests and instructs the Corporation to repay the within Security [(or the portion thereof specified below)], pursuant to its terms, on the “Repayment Date” first occurring after the date of receipt of the within Security as specified below, at a Repayment Price equal to % of the principal amount thereof, together with accrued interest to the Repayment Date, to the undersigned at: (Please Print or Type Name and Address of the Undersigned.) For this Option to Elect Repayment to be effective, this Security with the Option to Elect Repayment duly completed must be received not earlier than 45 days prior to the Repayment Date and not later than 30 days prior to the Repayment Date by the Corporation at its office or agency in Saskatoon, Saskatchewan, Canada. If less than the entire principal amount of the within Security is to be repaid, specify the portion thereof (which shall be $1,000 or an integral multiple thereof) which is to be repaid: $ If less than the entire principal amount of the within Security is to be repaid, specify the denomination(s) of the Security(ies) to be issued for the unpaid amount ($1,000 or any integral multiple of $1,000): $ . Dated: [Note: The signature to this Option to Elect Repayment must correspond with the name as written upon the face of the within Security in every particular without alterations or enlargement or any change whatsoever.] ASSIGNMENT FORM* To assign this Security, fill in the form below: I or we assign and transfer this Security to [INSERT ASSIGNEE’S SOC. SEC. INS. OR TAX ID NO.] (Print or type assignee’s name, address and zip or postal code) and irrevocably appoint agent to transfer this Security on the books of the Corporation. The agent may substitute another to act for him. Dated:

OPTION TO ELECT REPAYMENT. TO BE COMPLETED ONLY IF THIS SECURITY IS REPAYABLE AT THE OPTION OF THE HOLDER AND THE HOLDER ELECTS TO EXERCISE SUCH RIGHTS The undersigned hereby irrevocably requests and instructs the Corporation Company to repay the within attached Security [(or the portion thereof specified below)], ) pursuant to its terms, on the “Repayment Date” first occurring after the date of receipt of the within Security as specified below, terms at a Repayment Price price equal to 100% of the principal amount thereof, thereof together in the case of any such repayment with accrued interest to the Repayment Date, to the undersigned at: (Please Print or Type Name and Address at . For the Security to be repaid at the option of the Undersigned.) For this Option to Elect Repayment to be effectiveHolder, this Security with the Option to Elect Repayment duly completed paying agent must be received receive at its corporate trust office, at least 30 days but not earlier more than 45 60 days prior to the Repayment Date on which the Security is to be repaid, (a) appropriate wire transfer instructions and (b) either (i) the Security together with this “Option to Elect Repayment” form duly completed or (ii) a telegram, telex, facsimile transmission or a letter from a member of a national securities exchange or the Financial Industry Regulatory Authority, Inc. or a commercial bank or trust company in the United States setting forth the name of the Holder of the Security, the principal amount of the Security, the principal amount of the Security to be repaid, the certificate number or a description of the tenor and terms of the Security, a statement that the option to elect repayment is being exercised thereby and a guarantee that the Security, together with this duly completed form entitled “Option to Elect Repayment” on the reverse of the Security, will be received by the paying agent not later than 30 days prior to the Repayment Date fifth Business Day after the date of such telegram, telex, facsimile transmission or letter, provided, however, that such telegram, telex, facsimile transmission or letter shall be effective only if the Security with such form duly completed are received by the Corporation at its office or agency in Saskatoon, Saskatchewan, Canadapaying agent by such fifth Business Day. If less than the entire principal amount of the within attached Security is to be repaid, specify the portion thereof which the Holder elects to have repaid: ; and specify the denomination or denominations (which shall be $1,000 an authorized denomination) of the Security or an integral multiple thereof) which is Securities to be repaid: $ If less than issued to the entire principal amount Holder for the portion of the within Security is to be repaidnot being repaid (in the absence of any specification, specify the denomination(s) of the Security(ies) to one such Security will be issued for the unpaid amount ($1,000 or any integral multiple of $1,000portion not being repaid): $ . Dated: [Note: The signature to this Option to Elect Repayment must correspond with the name as written upon the face of the within Security in every particular without alterations or enlargement or any change whatsoever.] ASSIGNMENT FORM* To assign this Security, fill in the form below: I or we assign and transfer this Security to [INSERT ASSIGNEE’S SOC. SEC. INS. OR TAX ID NO.] (Print or type assignee’s name, address and zip or postal code) and irrevocably appoint agent to transfer this Security on the books of the Corporation. The agent may substitute another to act for him. Dated:

OPTION TO ELECT REPAYMENT. The undersigned hereby irrevocably requests and instructs the Corporation Company to repay the within Security [(or the portion thereof specified below)], ) pursuant to its terms, on the “Repayment Date” first occurring after the date of receipt of the within Security as specified below, terms at a Repayment Price price equal to % of the principal amount thereof, together with accrued interest to the Repayment Daterepayment date, to the undersigned. The undersigned at: (Please Print acknowledges that for the within Security to be repaid, the Company must receive at the offices or Type Name and Address agencies of the Undersigned.Trustee in Chicago, Illinois or The City of New York, during the period specified in this Security (i) For the Security with this "Option to Elect Repayment Repayment" form duly completed, or (ii) a telegram, telex, facsimile or letter from a member of a national securities exchange or the National Association of Securities Dealers, Inc. or a commercial bank or a trust company in the United States of America setting forth the name of the Holder of the Security, the principal amount of the Security, the amount of the Security to be effectiverepaid, this a statement that the option to elect repayment is being exercised thereby and a guarantee that the Security to be repaid with the "Option to Elect Repayment Repayment" form duly completed must will be received not earlier than 45 days prior to by the Repayment Date and Company not later than 30 days prior to five Business Days after the Repayment Date date of such telegram, telex, facsimile transmission or letter and such Security and form duly completed are received by the Corporation at its office or agency Company by such fifth Business Day. Any such notice received by the Company during the period specified in Saskatoon, Saskatchewan, Canadathis Security shall be irrevocable. If less than the entire principal amount of the within Security is to be repaid, specify the portion thereof (which shall be $1,000 or an integral multiple thereof) which is the Holder elects to have repaid: $______________; and specify the denomination or denominations (which shall be $1,000 or an integral multiple thereof) of the Security or Securities to be repaid: $ If less than issued to the entire principal amount Holder for the portion of the within Security is to be repaidnot being repaid (in the absence of any such specification, specify the denomination(s) of the Security(ies) to one such Security will be issued for the unpaid amount (portion not being repaid): $1,000 or any integral multiple of $1,000): $ . Dated: [Note: The signature to this Option to Elect Repayment must correspond with the name as written upon the face of the within Security in every particular without alterations or enlargement or any change whatsoever.] ASSIGNMENT FORM* To assign this Security, fill in the form below: I or we assign and transfer this Security to [INSERT ASSIGNEE’S SOC. SEC. INS. OR TAX ID NO.] (Print or type assignee’s name, address and zip or postal code) and irrevocably appoint agent to transfer this Security on the books of the Corporation. The agent may substitute another to act for him______________. Dated: