Common use of Value Securities or Surplus Securities Clause in Contracts

Value Securities or Surplus Securities. Number Certificate(s) (if applicable) Common Shares – Tier 2 Value Security 368,900 Certificate FORM 5D ESCROW AGREEMENT Page 40 (as at June 14, 2010) SCHEDULE B(2) – TIER 2 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 10% 2,340,472 Common Shares [Insert date 6 months following Exchange Bulletin] 15% 3,510,708 Common Shares [Insert date 12 months following Exchange Bulletin] 15% 3,510,709 Common Shares [Insert date 18 months following Exchange Bulletin] 15% 3,510,709 Common Shares [Insert date 24 months following Exchange Bulletin] 15% 3,510,709 Common Shares [Insert date 30 months following Exchange Bulletin] 15% 3,510,709 Common Shares [Insert date 36 months following Exchange Bulletin] 15% 3,510,709 Common Shares TOTAL 100% 23,404,725 Common Shares *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow securities being released in equal tranches of 15% after completion of the release on the date of the Exchange Bulletin. FORM 5D ESCROW AGREEMENT Page 41 (as at June 14, 2010) SCHEDULE B(5) UNDERTAKING OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE Eastport Ventures Inc. (the “Securityholder”) has subscribed for and agreed to purchase 2,898,500 Common Shares of Issuer (as defined below) (the “Escrowed Securities”). The Escrowed Securities will be held in escrow as detailed in the escrow agreement entered into between Premium Nickel Resources Ltd. (the “Issuer”), Computershare Investor Services Inc., as escrow agent, and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any of its securities that could reasonably result in a change of its control without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. Eastport Ventures Inc. (Name of Securityholder - please print) (signed) “Rxxxxx Xxxxxxx Xxxxxx” (Authorized Signature) Director (Official Capacity - please print) Rxxxxx Xxxxxxx Xxxxxx (Please print here name of individual whose signature appears above) FORM 5D ESCROW AGREEMENT Page 42 (as at June 14, 2010) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities of the Securityholder to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022.

Appears in 1 contract

Samples: Escrow Agreement (Premium Nickel Resources Ltd.)

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Value Securities or Surplus Securities. Number Certificate(s) (if applicable) Common Shares – Tier 2 shares, Value Security 368,900 Certificate Securities 7,350,000 FORM 5D ESCROW AGREEMENT Page 40 25 (as at June 14August 2002) SCHEDULE B(1) – TIER 1 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 1/4 of your escrow securities 10,000,000 [Insert date 6 months following Exchange Bulletin] 1/3 of your remaining escrow securities 10,000,000 [Insert date 12 months following Exchange Bulletin] 1/2 of your remaining escrow securities 10,000,000 [Insert date 18 months following Exchange Bulletin] all of your remaining escrow securities 10,000,000 TOTAL 100% *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, 2010then the release schedule outlined above results in the escrow securities being released in equal tranches of 25%. FORM 5D ESCROW AGREEMENT (as at August 2002) SCHEDULE B(2) – TIER 2 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 10% 2,340,472 Common Shares 1/10 of your escrowed securities 4,000,000 [Insert date 6 months following Exchange Bulletin] 15% 3,510,708 Common Shares 1/6 of your remaining escrow securities 6,000,000 [Insert date 12 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/5 of your remaining escrow securities 6,000,000 [Insert date 18 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/4 of your remaining escrow securities 6,000,000 [Insert date 24 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/3 of your remaining escrow securities 6,000,000 [Insert date 30 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/2 of your remaining escrow securities 6,000,000 [Insert date 36 months following Exchange Bulletin] 15% 3,510,709 Common Shares all of your remaining escrow securities 6,000,000 TOTAL 100% 23,404,725 Common Shares 40,000,000 *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow securities being released in equal tranches of 15% after completion of the release on the date of the Exchange Bulletin. FORM 5D ESCROW AGREEMENT Page 41 (as at June 14, 2010) SCHEDULE B(5) UNDERTAKING OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE Eastport Ventures Inc. (the “Securityholder”) has subscribed for and agreed to purchase 2,898,500 Common Shares of Issuer (as defined below) (the “Escrowed Securities”). The Escrowed Securities will be held in escrow as detailed in the escrow agreement entered into between Premium Nickel Resources Ltd. (the “Issuer”), Computershare Investor Services Inc., as escrow agent, and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any of its securities that could reasonably result in a change of its control without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. Eastport Ventures Inc. (Name of Securityholder - please print) (signed) “Rxxxxx Xxxxxxx Xxxxxx” (Authorized Signature) Director (Official Capacity - please print) Rxxxxx Xxxxxxx Xxxxxx (Please print here name of individual whose signature appears above) FORM 5D ESCROW AGREEMENT Page 42 (as at June 14, 2010) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities of the Securityholder to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022.AGREEMENT

Appears in 1 contract

Samples: Escrow Agreement (Baja Mining Corp.)

Value Securities or Surplus Securities. Number Certificate(s) (if applicable) Common Shares – Tier 2 Value Security 368,900 Certificate Surplus 950,000 FORM 5D ESCROW AGREEMENT Page 40 # (as at June 14August 2002) # SCHEDULE B(1) – TIER 1 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 1/4 of your escrow securities [Insert date 6 months following Exchange Bulletin] 1/3 of your remaining escrow securities [Insert date 12 months following Exchange Bulletin] 1/2 of your remaining escrow securities [Insert date 18 months following Exchange Bulletin] all of your remaining escrow securities TOTAL 100% *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, 2010then the release schedule outlined above results in the escrow securities being released in equal tranches of 25%. FORM 5D ESCROW AGREEMENT Page # (as at August 2002) # SCHEDULE B(2) – TIER 2 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 10% 2,340,472 Common Shares 1/10 of your escrowed securities [Insert date 6 months following Exchange Bulletin] 15% 3,510,708 Common Shares 1/6 of your remaining escrow securities [Insert date 12 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/5 of your remaining escrow securities [Insert date 18 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/4 of your remaining escrow securities [Insert date 24 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/3 of your remaining escrow securities [Insert date 30 months following Exchange Bulletin] 15% 3,510,709 Common Shares 1/2 of your remaining escrow securities [Insert date 36 months following Exchange Bulletin] 15% 3,510,709 Common Shares all of your remaining escrow securities TOTAL 100% 23,404,725 Common Shares *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow securities being released in equal tranches of 15% after completion of the release on the date of the Exchange Bulletin. FORM 5D ESCROW AGREEMENT Page 41 # (as at June 14, 2010August 2002) # SCHEDULE B(5B(3) UNDERTAKING – TIER 1 SURPLUS SECURITY ESCROW AGREEMENT RELEASE OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE Eastport Ventures Inc. (the “Securityholder”) has subscribed for and agreed to purchase 2,898,500 Common Shares SECURITIES Timed Release Release Dates Percentage of Issuer (as defined below) (the “Escrowed Securities”). The Total Escrowed Securities will to be held in Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 1/10 of your escrow as detailed securities [Insert date 6 months following Exchange Bulletin] 1/6 of your remaining escrow securities [Insert date 12 months following Exchange Bulletin] 1/5 of your remaining escrow securities [Insert date 18 months following Exchange Bulletin] 1/4 of your remaining escrow securities [Insert date 24 months following Exchange Bulletin] 1/3 of your remaining escrow securities [Insert date 30 months following Exchange Bulletin] 1/2 of your remaining escrow securities [Insert date 36 months following Exchange Bulletin] all of your remaining escrow securities TOTAL 100% *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow agreement entered into between Premium Nickel Resources Ltd. (the “Issuer”), Computershare Investor Services Inc., as escrow agent, and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any being released in equal tranches of its securities that could reasonably result in a change of its control without the prior consent 15% after completion of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrowrelease on the date of the Exchange Bulletin. DATED this 3rd day of August, 2022. Eastport Ventures Inc. (Name of Securityholder - please print) (signed) “Rxxxxx Xxxxxxx Xxxxxx” (Authorized Signature) Director (Official Capacity - please print) Rxxxxx Xxxxxxx Xxxxxx (Please print here name of individual whose signature appears above) FORM 5D ESCROW AGREEMENT Page 42 # (as at June 14, 2010August 2002) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities # SCHEDULE B(4) – TIER 2 SURPLUS SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of the Securityholder Total Escrowed Securities to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change Released Total Number of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day Released [Insert date of August, 2022.Exchange Notice] 10% 250,000 [Insert date 6 months following Exchange Notice] 15% 375,000 [Insert date 12 months following Exchange Notice] 15% 375,000 [Insert date 18 months following Exchange Notice] 15% 375,000 [Insert date 24 months following Exchange Notice] 15% 375,000 [Insert date 30 months following Exchange Notice] 15% 375,000 [Insert date 36 months following Exchange Notice] 15% 375,000 TOTAL 100% 2,500,000 FORM 5D ESCROW AGREEMENT Page #

Appears in 1 contract

Samples: Escrow Agreement (Innexus Biotechnology Inc)

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Value Securities or Surplus Securities. Number Certificate(s) (if applicable) Common Shares – Tier 2 Value Security 368,900 Certificate Surplus Securities 1,027,650 DRS Advice Options – Tier 2 Surplus Securities 131,750 N/A FORM 5D ESCROW AGREEMENT Page 40 37 (as at June 14, 2010) SCHEDULE B(1) – TIER 1 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 25% 374,983 Common Shares [Insert date 6 months following Exchange Bulletin] 25% 374,985 Common Shares [Insert date 12 months following Exchange Bulletin] 25% 374,983 Common Shares [Insert date 18 months following Exchange Bulletin] 25% 374,987 Common Shares TOTAL 100% 1,499,938 Common Shares *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, then the release schedule outlined above results in the escrow securities being released in equal tranches of 25%. FORM 5D ESCROW AGREEMENT Page 38 (as at June 14, 2010) SCHEDULE B(2) – TIER 2 VALUE SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 10% 2,340,472 4,560 Common Shares [Insert date 6 months following Exchange Bulletin] 15% 3,510,708 6,840 Common Shares [Insert date 12 months following Exchange Bulletin] 15% 3,510,709 6,840 Common Shares [Insert date 18 months following Exchange Bulletin] 15% 3,510,709 6,840 Common Shares [Insert date 24 months following Exchange Bulletin] 15% 3,510,709 6,840 Common Shares [Insert date 30 months following Exchange Bulletin] 15% 3,510,709 6,840 Common Shares [Insert date 36 months following Exchange Bulletin] 15% 3,510,709 6,840 Common Shares TOTAL 100% 23,404,725 45,600 Common Shares *In the simplest case where there are no changes to the escrow securities initially deposited and no additional escrow securities, the release schedule outlined above results in the escrow securities being released in equal tranches of 15% after completion of the release on the date of the Exchange Bulletin. FORM 5D ESCROW AGREEMENT Page 41 39 (as at June 14, 2010) SCHEDULE B(5B(4) – TIER 2 SURPLUS SECURITY ESCROW AGREEMENT RELEASE OF SECURITIES Timed Release Release Dates Percentage of Total Escrowed Securities to be Released Total Number of Escrowed Securities to be Released [Insert date of Exchange Bulletin] 5% 1,607,648 Common Shares 198,942 Options [Insert date 6 months following Exchange Bulletin] 5% 1,607,651 Common Shares 198,943 Options [Insert date 12 months following Exchange Bulletin] 10% 3,215,301 Common Shares 397,885 Options [Insert date 18 months following Exchange Bulletin] 10% 3,215,300 Common Shares 397,885 Options [Insert date 24 months following Exchange Bulletin] 15% 4,822,951 Common Shares 596,827 Options [Insert date 30 months following Exchange Bulletin] 15% 4,822,952 Common Shares 596,828 Options [Insert date 36 months following Exchange Bulletin] 40% 12,861,205 Common Shares 1,591,540 Options TOTAL 100% 32,153,008 Common Shares 3,978,850 Options FORM 5D ESCROW AGREEMENT Page 40 (as at June 14, 2010) UNDERTAKING OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE Eastport Ventures Inc. Breniklan Limited (the "Securityholder") has subscribed for and agreed to purchase 2,898,500 purchase, as principal, 3,608,763 Common Shares of the Issuer (as defined below) (the "Escrowed Securities"). The Escrowed Securities will be held in escrow as detailed in the escrow agreement entered into between Premium Nickel Resources Ltd. (the "Issuer"), Computershare Investor Services Inc., as escrow agent, Inc. and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any of its securities that could reasonably result in a change of its control without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. Eastport Ventures Inc. Breniklan Limited (Name of Securityholder - please print) (signed) “Rxxxxx Xxxxxxx Xxxxxx” "Xxxxx Xxxxxxxx" (Authorized Signature) Director Authorized Signatory (Official Capacity - please print) Rxxxxx Xxxxxxx Xxxxxx Xxxxx Xxxxxxxx (Please print here name of individual whose signature appears above) FORM 5D ESCROW AGREEMENT Page 41 (as at June 14, 2010) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities of the Securityholder to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this ____ day of August, 2022. (Signature) (Name of Controlling Securityholder – please print) (Signature) (Name of Controlling Securityholder – please print) FORM 5D ESCROW AGREEMENT Page 42 (as at June 14, 2010) UNDERTAKING OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE Lacnikdon Limited (the "Securityholder") has subscribed for and agreed to purchase, as principal, 168,165 Common Shares of the Issuer (as defined below) (the "Escrowed Securities"). The Escrowed Securities will be held in escrow as detailed in the escrow agreement entered into between Premium Nickel Resources Ltd. (the "Issuer"), Computershare Investor Services Inc. and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any of its securities that could reasonably result in a change of its control without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. Lacnikdon Limited (Name of Securityholder - please print) (signed) "Xxxxx Xxxxxxxx" (Authorized Signature) Authorized Signatory (Official Capacity - please print) Xxxxx Xxxxxxxx (Please print here name of individual whose signature appears above) FORM 5D ESCROW AGREEMENT Page 43 (as at June 14, 2010) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities of the Securityholder to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this ____ day of August, 2022. (Signature) (Name of Controlling Securityholder – please print) (Signature) (Name of Controlling Securityholder – please print) FORM 5D ESCROW AGREEMENT Page 44 (as at June 14, 2010) UNDERTAKING OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE ThreeD Capital Inc. (the "Securityholder") has subscribed for and agreed to purchase, as principal, 7,383,278 Common Shares of the Issuer (as defined below) (the "Escrowed Securities"). The Escrowed Securities will be held in escrow as detailed in the escrow agreement entered into between Premium Nickel Resources Ltd. (the "Issuer"), Computershare Investor Services Inc. and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any of its securities that could reasonably result in a change of its control without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. ThreeD Capital Inc. (Name of Securityholder - please print) (signed) "Xxxxxxx Xxxxxxxxx" (Authorized Signature) Authorized Signatory (Official Capacity - please print) Xxxxxxx Xxxxxxxxx (Please print here name of individual whose signature appears above) FORM 5D ESCROW AGREEMENT Page 45 (as at June 14, 2010) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities of the Securityholder to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022.. (signed) "Xxxxxxx Xxxxxxxxx (Signature) Xxxxxxx Xxxxxxxxx (Name of Controlling Securityholder – please print) (Signature) (Name of Controlling Securityholder – please print) (as at June 14, 2010) UNDERTAKING OF HOLDING COMPANY TO: THE TSX VENTURE EXCHANGE 2412503 Ontario Inc. (the "Securityholder") has subscribed for and agreed to purchase, as principal, 6,818,730 Common Shares and 527,000 Options of the Issuer (as defined below) (the "Escrowed Securities"). The Escrowed Securities will be held in escrow as detailed in the escrow agreement entered into between Premium Nickel Resources Ltd. (the "Issuer"), Computershare Investor Services Inc. and the Securityholder. The undersigned Securityholder undertakes that, to the extent reasonably possible, it will not permit or authorize its securities to be issued or transferred, nor will it otherwise authorize any transaction involving any of its securities that could reasonably result in a change of its control without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. 2412503 Ontario Inc. (Name of Securityholder - please print) (signed) "Xxxx Xxxxxxxx" (Authorized Signature) Authorized Signatory (Official Capacity - please print) Xxxx Xxxxxxxx (Please print here name of individual whose signature appears above) (as at June 14, 2010) The Securityholder is directly controlled by the undersigned who undertakes that, to the extent reasonably possible, he will not permit or authorize securities of the Securityholder to be issued or transferred, nor otherwise carry out any transaction that could reasonably result in a change of control of the Securityholder without the prior consent of the TSX Venture Exchange, as long as any Escrowed Securities remain held or are required to be held in escrow. DATED this 3rd day of August, 2022. (signed) "Xxxx Xxxxxxxx" (Signature) Xxxx Xxxxxxxx (Name of Controlling Securityholder – please print) (Signature) (Name of Controlling Securityholder – please print) FORM 5D ESCROW AGREEMENT Page 48

Appears in 1 contract

Samples: Escrow Agreement (Premium Nickel Resources Ltd.)

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