Common use of Shareholder Review Clause in Contracts

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 2016 and at every third annual meeting of the shareholders of the Corporation thereafter (each such annual meeting being a "Reconfirmation Meeting"), provided that a Flip-in Event has not occurred prior to such time, the Board shall submit a resolution ratifying the continued existence of this Agreement to (i) the Independent Shareholders, and (ii) if required by the rules and regulations of any stock exchange on which the Common Shares are then listed, all holders of Common Shares, for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by (i) Independent Shareholders, and (ii) if required by the rules and regulations of any stock exchange on which the Common Shares are listed, all holders of Common Shares, who vote in respect of such resolution are voted in favour of the continued existence of this Agreement at each such Reconfirmation Meeting, the Board shall, immediately upon the confirmation by the Chairman of the applicable Reconfirmation 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 and this Agreement shall be of no further force and effect.

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 2016 and at every third annual meeting of the shareholders of the Corporation thereafter (each such annual meeting being a "Reconfirmation Meeting")2017 calendar year, 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 to: (ia) the Independent ShareholdersShareholders for their consideration and, if thought advisable, approval; and (iib) if required by the rules and regulations of any stock exchange on which the Common Shares are then listed, all holders of Common Shares, Shares for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by (i) the Independent ShareholdersShareholders and, and (ii) if required by the rules and regulations approval of any stock exchange on which the Common Shares are listed, all holders of Common SharesShares is required pursuant clause (b) of the immediately preceding sentence, the majority of the votes cast by all holders of Common Shares who vote in respect of such resolution are voted in favour of the continued existence of this Agreement at each such Reconfirmation MeetingAgreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of the applicable Reconfirmation Meeting 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 and this Agreement shall be of no further force and effectPrice.

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 2016 2019 and at every third annual meeting of the shareholders of the Corporation thereafter (each such annual meeting being a "Reconfirmation Meeting"), provided that a Flip-in Event has not occurred prior to such time, the Board shall submit a resolution reconfirming and ratifying the continued existence of this Agreement to (i) the Independent Shareholders, and (ii) if required by the rules and regulations of any stock exchange on which the Common Shares are then listed, all holders of Common Shares, for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by (i) Independent Shareholders, and (ii) if required by the rules and regulations of any stock exchange on which the Common Shares are listed, all holders of Common Shares, who vote in respect of such resolution are voted in favour of the reconfirmation and continued existence of this Agreement at each such Reconfirmation Meeting, the Board shall, immediately upon the confirmation by the Chairman of the applicable Reconfirmation 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 and this Agreement shall be of no further force and effect.

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 2016 and at every third annual meeting of the shareholders of the Corporation thereafter (each such annual meeting being a "Reconfirmation Meeting")2023 calendar year, 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 to: (ia) the Independent ShareholdersShareholders for their consideration and, if thought advisable, approval; and (iib) if required by the rules and regulations of any stock exchange on which the Common Shares are then listed, all holders of Common Shares, Shares for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by (i) the Independent ShareholdersShareholders and, and (ii) if required by the rules and regulations approval of any stock exchange on which the Common Shares are listed, all holders of Common SharesShares is required pursuant clause (b) of the immediately preceding sentence, the majority of the votes cast by all holders of Common Shares who vote in respect of such resolution are voted in favour of the continued existence of this Agreement at each such Reconfirmation MeetingAgreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of the applicable Reconfirmation Meeting 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 and this Agreement shall be of no further force and effectPrice.

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 2016 and at every third annual meeting of the shareholders of the Corporation thereafter (each such annual meeting being a "Reconfirmation Meeting")2020 calendar year, 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 to: (ia) the Independent ShareholdersShareholders for their consideration and, if thought advisable, approval; and (iib) if required by the rules and regulations of any stock exchange on which the Common Shares are then listed, all holders of Common Shares, Shares for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by (i) the Independent ShareholdersShareholders and, and (ii) if required by the rules and regulations approval of any stock exchange on which the Common Shares are listed, all holders of Common SharesShares is required pursuant clause (b) of the immediately preceding sentence, the majority of the votes cast by all holders of Common Shares who vote in respect of such resolution are voted in favour of the continued existence of this Agreement at each such Reconfirmation MeetingAgreement, the Board of Directors shall, immediately upon the confirmation by the Chairman of the applicable Reconfirmation Meeting 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 and this Agreement shall be of no further force and effectPrice.

Shareholder Review. At or prior to the annual meeting of the shareholders of the Corporation to be held in 2016 2019 and at every third annual meeting of the shareholders of the Corporation thereafter (each such annual meeting being a "“Reconfirmation Meeting"”), provided that a Flip-in Event has not occurred prior to such time, the Board shall submit a resolution reconfirming and ratifying the continued existence of this Agreement to (i) the Independent Shareholders, and (ii) if required by the rules and regulations of any stock exchange on which the Common Shares are then listed, all holders of Common Shares, for their consideration and, if thought advisable, approval. Unless the majority of the votes cast by (i) Independent Shareholders, and (ii) if required by the rules and regulations of any stock exchange on which the Common Shares are listed, all holders of Common Shares, who vote in respect of such resolution are voted in favour of the reconfirmation and continued existence of this Agreement at each such Reconfirmation Meeting, the Board shall, immediately upon the confirmation by the Chairman of the applicable Reconfirmation 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 and this Agreement shall be of no further force and effect.