Common use of Payment Will be Made by a Single Check or Certificate Clause in Contracts

Payment Will be Made by a Single Check or Certificate. Normally, a single check and/or a single certificate representing Coopxx xxxmon stock will be issued; however, if for tax purposes or otherwise a holder wishes to have the certificates issued in particular denominations, explicit written instructions to the Exchange Agent should be provided. Holders participating in a joint election will receive a single check or share certificate for the holders' Standard common shares.