Common use of Registered Owner of Shares Clause in Contracts

Registered Owner of Shares. Where a Share is held by more than one registered owner, each registered owner must sign the Enrolment Form (or subscription agreement, as applicable). Also, if a participant’s holdings, direct and/or indirect, are registered in different names (e.g., held personally as opposed to a holding company or Corporation), a separate Enrolment Form must be completed for each different registration name. If dividends from all holdings are to be reinvested under one account, the registered name must be identical. A completed Enrolment Form (or subscription agreement, as applicable) must be received by the Corporation no later than five (5) business days prior to the Investment Date in order for that dividend to be reinvested under the Plan. Once a participant has enrolled in the Plan, participation will continue until the participant terminates his or her participation (as set forth below) or until the Plan is suspended or terminated. The Corporation reserves the right to deny the right to participate in the Plan to any person or terminate the participation of any participant in the Plan if the Board deems it advisable under any applicable laws or regulations or as otherwise set out in this Plan. If a participant is a beneficial owner of Shares (including through such participant’s RRSP or other registered plan), he or she should contact his or her broker, investment dealer, financial institution or other nominee who holds his or her Shares to provide instructions regarding his or her participation in the Plan and to inquire about any applicable deadlines that the nominee may impose or be subject to and to confirm what fees, if any, the nominee may charge to enroll all or any portion of such participant’s Shares in the Plan on his or her behalf or whether the nominee’s policies might result in any costs otherwise becoming payable by the participant.