Until the Separation Time. i. the Rights shall not be exercisable and no Right may be exercised; and ii. each Right will be evidenced by the certificate for the associated Common Share and will be transferable only together with, and will be transferred by a transfer of, such associated Common Share.
Appears in 2 contracts
Sources: Shareholders Rights Plan Agreement (Birch Mountain Resources LTD), Shareholders Rights Plan Agreement (Centurion Energy Internatonal Inc)