JOINT FILING AGREEMENTJoint Filing Agreement • February 1st, 2011 • North Run Capital, L P • Services-racing, including track operation
This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.
AGREEMENT REGARDING ARRANGEMENTAgreement Regarding Arrangement • February 1st, 2011 • North Run Capital, L P • Services-racing, including track operation • Ontario
Reference is made to (a) the support agreement (the “Support Agreement”) entered into among certain shareholders (each an “Initiating Shareholder”, and collectively the “Initiating Shareholders”) of MI Developments Inc. (“MID”) and 445327 Ontario Limited (“445”) between December 20, 2010 and December 22, 2010 pursuant to which such parties agreed to cause their Class A Shares and Class B Shares to be voted in favour of the Arrangement Resolution, subject to the terms and conditions of such agreement and (b) the arrangement agreement (the “Arrangement Agreement”) dated the date hereof among MID, 445 and the Stronach Trust. Capitalized terms used but not otherwise defined herein shall have the meanings set out in the Arrangement Agreement.
