Common use of Legend on Common Share Certificates Clause in Contracts

Legend on Common Share Certificates. 2.1.1 Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 4, 2008, as amended and restated from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. as Rights Agent, a copy of which is on file at the principal executive offices of the Corporation and is available upon written request. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Protection Rights Plan Agreement, dated December 4March 7, 20081990, as amended and restated from time to time (the “Rights Agreement”"RIGHTS AGREEMENT"), between the Corporation and Computershare Investor Services Inc. as Rights AgentMontreal Trust Company of Canada, a copy of which is on file at the principal executive offices of the Corporation and is available upon written requestCorporation. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 4March 7, 2008, as amended and restated from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. as Rights AgentInc., a copy of which is on file at the principal executive offices of the Corporation and is available upon written request. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 Certificates issued for the Common Shares that are issued after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will Time, shall also represent and evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will and shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially them the following formlegend: Until the Separation Time (defined in the Shareholder Rights Plan Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 4as of August 11, 20082008 (amending the Shareholder Rights Plan as of July 6, as amended and restated from time to time 2005) (the “Shareholder Rights Plan Agreement”), between Silvercorp Metals Inc. (the Corporation “Company”) and Computershare Investor Services Inc. as Rights AgentInc., the terms of which are incorporated herein by reference and a copy of which is on file at the principal executive offices of the Corporation and is available upon written requestCompany. Under certain circumstances set out in the Shareholder Rights Plan Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 Until . The Company will mail or arrange for the earlier mailing of a copy of the Separation Time and Shareholder Rights Plan Agreement to the Expiration Time, certificates holder of this certificate without charge as soon as practicable after the receipt of a written request therefor. Certificates representing Common Shares that are issued and outstanding at the Record Time will Time, which as at the Effective Date represent Common Shares, shall also represent and evidence one Right for each Common Share evidenced thereby thereby, notwithstanding the absence of the foregoing legend. Following , until the close of business on the earlier of the Separation Time and the Expiration Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Protection Rights Plan Agreement, dated December 4June 21, 2008, 2006 as amended and restated or replaced with Computershare from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. as Rights AgentTrust Company of Canada, a copy of which is on file at the principal executive offices of the Corporation and is available upon written requestCorporation. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 ‌ (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Protection Rights Plan Agreement, dated December 4June 21, 2008, 2006 as amended and restated or replaced with Computershare from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. as Rights AgentTrust Company of Canada, a copy of which is on file at the principal executive offices of the Corporation and is available upon written requestCorporation. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 4April 21, 20082006, as amended and restated from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. as Rights Agent, a copy of which is on file at the principal executive offices of the Corporation and is available upon written request. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed impressed. on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 4April 8, 20082013, as amended and restated from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. Equity Financial Trust Company as Rights Agent, a copy of which is on file at the principal executive offices of the Corporation and is available upon written request. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 47, 20082006, as amended and restated from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. as Rights Agent, a copy of which is on file at the principal executive offices of the Corporation and is available upon written request. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 Section 2.2 hereof.

Legend on Common Share Certificates. 2.1.1 (1) Certificates issued for Common Shares after the Record Time but prior to the close of business on the earlier of the Separation Time and the Expiration Time will shall evidence one (1) Right for each Common Share represented thereby and, commencing as soon as reasonably practicable after the effective date of this Agreement, will shall have impressed on, printed on, written on or otherwise affixed to them, them a legend in substantially the following form: Until the Separation Time (defined in the Rights Agreement referred to below), this certificate also evidences rights of the holder described in a Shareholder Rights Plan Agreement, dated December 4as of May 30, 20082011, as amended and restated from time to time (the “Rights Agreement”), between the Corporation and Computershare Investor Services Inc. CIBC Mellon Trust Company as Rights Agent, a copy of which is on file at the principal executive offices of the Corporation and is available upon written request. Under certain circumstances set out in the Rights Agreement, the rights may be redeemed, may expire, may become null and void or may be evidenced by separate certificates and no longer evidenced by this certificate. 2.1.2 (2) Until the earlier of the Separation Time and the Expiration Time, certificates representing Common Shares that are issued and outstanding at the Record Time will shall evidence one (1) Right for each Common Share evidenced thereby notwithstanding the absence of the foregoing legend. Following the Separation Time, Rights will be evidenced by Rights Certificates issued pursuant to section 2.2.3 hereofSection 2.2.