Common use of Option Closing Clause in Contracts

Option Closing. 10.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Agents in such locations that the Lead Agent advises the Company the certificates (in physical or electronic form as the Lead Agent may advise in the notice) representing the Additional Underlying Shares and/or Additional Warrants to be issued at the Option Closing in the names and denominations reasonably requested by the Agents. 10.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over- Allotment Option. 10.3 At the Option Closing, the Company shall deliver to the Agent such documents set forth in subsection 6.1(k), as the Agents may request. 10.4 If the Company has satisfied all of its obligations under this Agreement, on the Option Closing Date the Agents shall pay to the Company by wire transfer, certified cheque or bank draft the gross proceeds of the sale of the Additional Units, Additional Underlying Shares and/or Additional Warrants, as the case may be, less (i) the Agents’ Fee and (ii) if so desired by National Bank, any costs and expenses owing to the Agents pursuant to section 7.2. 10.5 The Company and Agents agree that the Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over- Allotment Option.

Option Closing. 10.1 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Agents Underwriters in such locations that the Co-Lead Agent advises Underwriters advise the Company the certificates (in physical or electronic form as the Co-Lead Agent Underwriters may advise in the notice) representing the Additional Underlying Shares and/or Additional Warrants to be issued at the Option Closing in the names and denominations reasonably requested by the AgentsUnderwriters. 10.2 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over- Over-Allotment Option. 10.3 11.3 At the Option Closing, the Company shall deliver to the Agent Underwriters such documents set forth in subsection 6.1(k), 6.1(u) as the Agents Underwriters may request. 10.4 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Option Over-Allotment Closing Date the Agents Underwriters shall pay to the Company by wire transfer, certified cheque or bank draft transfer the gross proceeds of the sale of the Additional Units, Additional Underlying Shares and/or Additional Warrants, as the case may beShares, less (i) the Agents’ Underwriters' Fee and (ii) if so desired by National BankCo-Lead Underwriters, any costs and expenses owing to the Agents Underwriters pursuant to section 7.2. 10.5 11.5 The Company and Agents Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s 's prior receipt of the notice in accordance with the Over- Allotment Option.

Option Closing. 10.1 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Agents Underwriters in such locations that the Lead Agent advises Underwriters advise the Company the certificates (in physical or electronic form as the Lead Agent Underwriters may advise in the notice) representing the Additional Underlying Common Shares and/or Additional Warrants to be issued at the Option Closing in the names and denominations reasonably requested by the AgentsUnderwriters. 10.2 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over- Over-Allotment Option. 10.3 11.3 At the Option Closing, the Company shall deliver to the Agent Underwriters: (a) such documents set forth in subsection 6.1(k) except paragraph (i), (vi) and (vii), as the Agents Underwriters may request; and (b) the Compensation Option. 10.4 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Option Over-Allotment Closing Date the Agents Underwriters shall pay to the Company by wire transfer, certified cheque or bank draft transfer the gross proceeds of the sale of the Additional Units, Additional Underlying Shares and/or Additional Warrants, as the case may beCommon Shares, less (i) the Agents’ Underwriting Fee and (ii) if so desired by National BankLead Underwriters, any costs and expenses owing to the Agents Underwriters pursuant to section 7.2. 10.5 11.5 The Company and Agents Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over- Over-Allotment Option.

Option Closing. 10.1 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Agents Underwriters in such locations that the Lead Agent advises Underwriters advise the Company the certificates (in physical or electronic form as the Lead Agent Underwriters may advise in the notice) representing the Additional Underlying Shares and/or Additional Warrants to be issued at the Option Closing in the names and denominations reasonably requested by the AgentsUnderwriters. 10.2 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over- Over-Allotment Option. 10.3 11.3 At the Option Closing, the Company shall deliver to the Agent Underwriters such documents set forth in subsection 6.1(k), 6.1(w) as the Agents Underwriters may request. 10.4 11.4 If the Company has satisfied all of its obligations under this Agreement, Agreement that are required to be satisfied before or on the Option Over-Allotment Closing Date Date, the Agents Underwriters shall pay to the Company by wire transfer, certified cheque or bank draft transfer the aggregate gross proceeds of the sale of the Additional UnitsShares. The Company shall then pay to the Underwriters by wire transfer of immediately available funds, Additional Underlying Shares and/or Additional Warrants, as the case may be, less an amount equal to (i) the AgentsUnderwriters’ Fee and and, (ii) if so desired by National Bank, any costs and expenses owing to the Agents Underwriter pursuant to section 7.2. 10.5 11.5 The Company and Agents Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over- Allotment Option.

Option Closing. 10.1 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Agents Underwriters in such locations that NBF, on behalf of the Lead Agent Underwriters, advises the Company the certificates (in physical or electronic form as NBF, on behalf of the Lead Agent Underwriters, may advise in the notice) representing the Additional Underlying Shares and/or Additional Warrants Securities to be issued at the Option Closing in the names and denominations reasonably requested by NBF, on behalf of the AgentsUnderwriters. 10.2 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over- Over-Allotment Option. 10.3 11.3 At the Option Closing, the Company shall deliver to the Agent Underwriters such documents set forth in subsection 6.1(k), 6.1(l) as the Agents Underwriters may request. 10.4 11.4 If the Company has satisfied all of its obligations under this Agreement, on the Option Over-Allotment Closing Date the Agents Underwriters shall pay to the Company by wire transfer, certified cheque or bank draft transfer the gross proceeds of the sale of the Additional Units, Additional Underlying Shares and/or Additional Warrants, as the case may beSecurities, less (i) the Agents’ Underwriting Fee and (ii) if so desired by National Bankthe Underwriters, any costs and expenses owing to the Agents Underwriters pursuant to section 7.2. 10.5 11.5 The Company and Agents Underwriters agree that the Option Over-Allotment Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over- Over-Allotment Option.

Option Closing. 10.1 11.1 In the event the Over-Allotment Option is exercised, at the Option Closing, subject to the terms and conditions contained in this Agreement, the Company shall issue and deliver to the Agents Underwriters in such locations that the Lead Agent advises Underwriter advise the Company the certificates (in physical or electronic form as the Lead Agent Underwriter may advise in the notice) representing the Additional Underlying Shares and/or Additional Warrants to be issued at the Option Closing in the names and denominations reasonably requested by the AgentsUnderwriters. 10.2 11.2 The Option Closing shall occur not more than three business days after the date that the notice of exercise of the Over-Allotment Option has been given in accordance with the terms of the Over- Over-Allotment Option. 10.3 11.3 At the Option Closing, the Company shall deliver to the Agent Underwriters such documents set forth in subsection 6.1(k), 6.1(u) as the Agents Underwriters may request. 10.4 11.4 If the Company has satisfied all of its obligations under this Agreement, Agreement that are required to be satisfied before or on the Option Over-Allotment Closing Date Date, the Agents Underwriters shall pay to the Company by wire transfer, certified cheque or bank draft transfer the aggregate gross proceeds of the sale of the Additional UnitsShares. The Company shall then pay to the Underwriters by wire transfer of immediately available funds, Additional Underlying Shares and/or Additional Warrants, as the case may be, less an amount equal to (i) the AgentsUnderwriters’ Fee and and, (ii) if so desired by National Bank, any costs and expenses owing to the Agents Underwriter pursuant to section 7.2. 10.5 11.5 The Company and Agents Underwriters agree that the Over-Allotment Option Closing Date may occur on the same date as the Closing Date, subject to the Company’s prior receipt of the notice in accordance with the Over- Allotment Option.