AMENDING AGREEMENT TO ARRANGEMENT AGREEMENTArrangement Agreement • December 20th, 2017 • Phi Inc • Air transportation, nonscheduled
THIS AMENDING AGREEMENT (the “Amending Agreement”), which amends the Arrangement Agreement (as defined below), is made as of December 18, 2017 between 2075568 Alberta ULC (the “Canadian Purchaser”), Mr. Don E. Wall (“Don Wall”), PHI, Inc. (the “International Purchaser” and, together with the Canadian Purchaser, the “Purchasers”) and HNZ Group Inc. (the “Corporation”, and, collectively with the Purchasers and Don Wall, the “Parties”).
