0001104659-14-027880 Sample Contracts

SCIO DIAMOND TECHNOLOGY CORPORATION and EMPIRE STOCK TRANSFER INC. as Rights Agent Rights Agreement Dated as of April 15, 2014
Rights Agreement • April 16th, 2014 • Scio Diamond Technology Corp • Forestry • Nevada

split or subdivision of the outstanding Common Stock). However, if upon acquiring beneficial ownership of one or more additional shares of Common Stock, the Existing Holder does not beneficially own 17% or more of the Common Stock then outstanding, the Existing Holder shall not be deemed to be an “Acquiring Person” for purposes of the Agreement.

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