Common use of Shareholder Support Clause in Contracts

Shareholder Support. In connection with the Arrangement (and any transactions contemplated in connection with the Arrangement Agreement), if and only if, any approval of securityholders of Target is required under applicable Canadian securities Laws (including the rules of the Canadian Securities Exchange and, for greater certainty, any “minority approval” as such term is defined in Multilateral Instrument 61- 101 – Protection of Minority Securityholders in Special Transactions) (“Transaction Shareholder Approval”), the Shareholder hereby covenants, undertakes and agrees from time to time, until such time as this Agreement is terminated in accordance with Article 4, to cause to be counted as present for purposes of establishing quorum and to vote (or cause to be voted) all of the Target Shares (to the extent they carry a right to vote): (i) at any meeting of any of the securityholders of Target at which the Shareholder or any registered or beneficial owner of the Target Shares are entitled to vote to obtain the Transaction Shareholder Approval; or (ii) in any action by written consent of the securityholders of Target, in favour of the approval, consent, ratification and adoption of any resolution approving the Arrangement (and any transactions contemplated in connection with the Arrangement Agreement).