0001341004-10-000989 Sample Contracts
SHAREHOLDER RIGHTS PLAN AGREEMENT DATED AS OF June 3, 2010 BETWEEN SONDE RESOURCES CORP. AND VALIANT TRUST COMPANY AS RIGHTS AGENTShareholder Rights Plan Agreement • June 4th, 2010 • Sonde Resources Corp. • Crude petroleum & natural gas • Alberta
Page ARTICLE 1 INTERPRETATION 2 1.1 Certain Definitions 2 1.2 Currency 15 1.3 Headings 15 1.4 Calculation of Number and Percentage of Beneficial Ownership of Outstanding Voting Shares 15 1.5 Acting Jointly or in Concert 16 1.6 Generally Accepted Accounting Principles 16 ARTICLE 2 THE RIGHTS 16 2.1 Legend on Share Certificates 16 2.2 Initial Exercise Price; Exercise of Rights; Detachment of Rights 17 2.3 Adjustments to Exercise Price; Number of Rights 20 2.4 Date on Which Exercise Is Effective 24 2.5 Execution, Authentication, Delivery and Dating of Rights Certificates 25 2.6 Registration, Transfer and Exchange 25 2.7 Mutilated, Destroyed, Lost and Stolen Rights Certificates 26 2.8 Persons Deemed Owners of Rights 27 2.9 Delivery and Cancellation of Certificates 27 2.10 Agreement of Rights Holders 27 2.11 Rights Certificate Holder Not Deemed a Shareholder 28 ARTICLE 3 ADJUSTMENTS TO THE RIGHTS 28 3.1 Flip-in Event 28 ARTICLE 4 THE RIGHTS AGENT 30 4.1 General 30 4.2 Merger, Amalgamation o