Xxxx Wolf. Common Share and one (1) Common Stock Purchase Warrant entitling the holder to purchase up to .3268 additional Xxxx Xxxx Common Shares at an exercise price of $.001 per share in the form attached as Exhibit C to this Agreement (the "Xxxx Wolf Anti-Dilution Warrants"), at an exchange ratio of thirty (30) Xxxx Xxxx Merger Units for each Company Common Share converted (the "Merger Consideration"). The Company Common Shares and Anti-Dilution Warrants comprising the Merger Units, and the Company Common Shares underlying the Anti-Dilution Warrants shall be subject to the terms and provisions of a Lock-Up Agreement in the form attached as Exhibit D to this Agreement ("Lock-Up Agreement"). After the Effective Time, no Company Common Share shall be deemed to be outstanding or to have any rights other than those set forth above in this Section 2(d)(vi).
Xxxx Wolf. (Canis lupus)
Xxxx Wolf. As described above in section 2.2.3, some of the most significant and direct threats to wolves include persecution of wolves when livestock or pet depredation is perceived and vehicle collisions. A significant increase in human caused noise disturbance may also adversely impact wolves, particularly during the xxxxxxx or pup rearing season. Den or rendezvous sites could be inadvertently damaged or destroyed during implementation of Covered Activities, or wolves may be intentionally injured or killed by trespassers. Because wolves are habitat generalists, changes in habitat that alter but maintain the native vegetative community are unlikely to significantly affect wolves. However, habitat changes that directly and indirectly influence prey populations could affect the ability of wolves to procure adequate amounts of food. Timber harvest under the SHA is not expected to result in significant habitat loss and fragmentation for wolves because it will be non-industrial, low intensity, and small-scale, as required under the provisions of the Easement. In fact, timber harvest has the potential to provide a net conservation benefit by improving habitat conditions for deer and elk over time. According to the California Wolf Management Plan (Xxxxxx et al. 2016), private land can be more productive than public land from an ungulate perspective due to the development of early-successional habitat from logging and other management actions. As a result of landscape-level fire suppression in northern California, montane xxxxxxx are often encroached upon by lodgepole pine and other conifers. Under normal fire regimes and disturbance patterns, xxxxxxx are maintained as periodic fire kills encroaching seedlings and saplings at meadow margins. Conifer encroachment that results in the loss of xxxxxxx reduces the habitat available for deer and elk as xxxxxxx become dominated by trees and grasses and forbs become less abundant and nutritious.
Xxxx Wolf. The SHA will achieve a net conservation benefit for wolves and increase survivorship and reproduction by maintaining an area of limited human disturbance, providing adequate prey resources, and using livestock husbandry practices to avoid livestock and wolf conflict. By minimizing disturbance and implementing conservation measures that help reduce potential adverse human and livestock interactions with wolves, the Property provides an isolated and protected area for wolves to xxxx, breed, and rear pups. Managing the Property to improve habitat for deer and elk will help sustain a wolf pack or dispersing individuals and may also deter wolf depredation on livestock. Statewide implementation of the wolf conservation plan is expected to result in wolf re- establishment and population growth in California. Because wolf activity has been documented on the Property, the SHA provides a unique opportunity to monitor and manage for wolves through all phases of re-establishment and allow for adaptive management.
