Common use of Shareholder Review Clause in Contracts

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation in 2008, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results of the votes on such resolution and without further formality, be deemed to elect to redeem the Rights at the Redemption Price.

Appears in 2 contracts

Samples: Shareholder Rights Plan Agreement (Descartes Systems Group Inc), Shareholder Rights Plan Agreement (Nexen Inc)

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Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation in 20082010, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results of the votes on such resolution and without further formality, be deemed to elect to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Open Text Corp)

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation in 2008, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results of the votes on such resolution and without further formality, be deemed to elect to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Suncor Energy Inc)

Shareholder Review. At or prior to the annual meeting of the shareholders Shareholders of the Corporation in 20082003, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results of the votes on such resolution and without further formality, be deemed to elect to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Infowave Software Inc)

Shareholder Review. At or prior to the first annual meeting of the shareholders of the Corporation in 2008following the fifth anniversary of the date of this Agreement, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders holders of voting Shares of the Corporation for their consideration and, if thought advisable, approval, ratifying the continued existence of the Rights. Unless the If a majority of the votes cast by Independent Shareholders who vote in respect of on such resolution are voted in favour of against the continued existence of this Agreement, the Rights then the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results result of the votes vote on such resolution and resolution, without further formality, formality be deemed to elect have elected to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Protection Rights Plan Agreement (Solucorp Industries LTD)

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 20082014, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the a majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman chairman of such shareholders' meeting of the results result of the votes vote on such resolution and without further formality, be deemed to elect have elected to redeem the Rights at the Redemption PricePrice and thereafter this Agreement shall have no further force or effect.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Gildan Activewear Inc.)

Shareholder Review. At or prior to the annual meeting of the shareholders Shareholders of the Corporation in 20082004, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results of the votes on such resolution and without further formality, be deemed to elect to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Agrium Inc)

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Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation in 2008the year 2007, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the a majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman chairman of such shareholders' meeting of the results result of the votes vote on such resolution and without further formality, be deemed to elect have elected to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Gentry Resources LTD)

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation in 20082007, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results of the votes on such resolution and without further formality, be deemed to elect to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Open Text Corp)

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 20082006, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisable, approval. Unless the a majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of the continued existence of this Agreement, the Board of Directors shall, immediately upon the confirmation by the Chairman chairman of such shareholders' meeting of the results result of the votes vote on such resolution and without further formality, be deemed to elect have elected to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Nortel Networks Corp)

Shareholder Review. At or prior to the 2003 annual meeting of the shareholders of the Corporation in 2008Corporation, provided that a Flip-in Event has not occurred prior to such time, the Board of Directors shall submit a resolution ratifying the continued existence of this Agreement to the Independent Shareholders for their consideration and, if thought advisablefit, approval, ratifying the continued existence of the Rights Plan. Unless the If a majority of the votes cast by Independent Shareholders who vote in respect of such resolution are voted in favour of against the continued existence of this Agreementthe Rights Plan, then the Board of Directors shall, immediately upon the confirmation by the Chairman of such shareholders' meeting of the results result of the votes vote on such resolution and without further formality, be deemed to elect have elected to redeem the Rights at the Redemption Price.

Appears in 1 contract

Samples: Shareholder Rights Plan Agreement (Forbes Medi Tech Inc)

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