Common use of Procedures for Reporting Clause in Contracts

Procedures for Reporting. Where a named Insider for reporting purposes acquires or makes a change in his or her ownership of securities of Norsat, it is important that Ixxxxxx Xxxxxxx Reports are filed immediately (within 7 calendar days of the ownership change) in order to comply with securities legislation in each of the relevant provinces. Ixxxxxx Xxxxxxx Reports must be filed in the provinces of Qxxxxx, Xxxxxxx, Xxxxxxx, and British Columbia. The Chief Financial Officer (CFO) will coordinate the filing of Insider Reports. Accordingly, the CFO must be advised promptly of any changes (direct or indirect) in an Insider’s ownership of Norsat securities so that the necessary reports may be completed and filed on behalf of the Insider. Please fax or e-mail the following information to the Chief Financial Officer: • The trade date of the transaction (not the settlement date); • The nature of the transaction (acquired/disposed, etc.) • The number of securities acquired/disposed of; and • The unit price paid or received on the day of the transaction. Each Insider is responsible for the accuracy and timeliness of their Ixxxxxx Xxxxxxx Reports.

Procedures for Reporting. Where a named Insider for reporting purposes acquires or makes a change in his or her ownership of securities of Norsat, it is important that Ixxxxxx Xxxxxxx Reports are filed immediately (within 7 calendar days of the ownership change) in order to comply with securities legislation in each of the relevant provinces. Ixxxxxx Xxxxxxx Reports must be filed in the provinces of Qxxxxx, Xxxxxxx, Xxxxxxx, and British Columbia. Columbia The Chief Financial Officer (CFO) will coordinate the filing of Insider Reports. Accordingly, the CFO must be advised promptly of any changes (direct or indirect) in an Insider’s ownership of Norsat securities so that the necessary reports may be completed and filed on behalf of the Insider. Please fax or e-mail the following information to the Chief Financial Officer: • The trade date of the transaction (not the settlement date); • The nature of the transaction (acquired/disposed, etc.) • The number of securities acquired/disposed of; and • The unit price paid or received on the day of the transaction. Each Insider is responsible for the accuracy and timeliness of their Ixxxxxx Xxxxxxx Reports.