Class "A" Voting and Class "B" Non-Voting Share Rights

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					This document sets forth the rights and restrictions attaching to the Class “A” Voting and
the Class “B” Non-Voting common shares of a corporation. This form sets out whether
a particular class of shares in the capital stock of a company are voting or non-voting,
whether the shares are entitled to receive dividends, as well as other provisions such as
the price per share in the event of a redemption of the shares by the company. This
document should be used by corporation seeking to set forth the rights of different
classes of common stock.
                                    SHARE RIGHTS FOR

     CLASS A VOTING COMMON SHARES AND CLASS B NON-VOTING COMMON
                               SHARES


1.     The holders of the Class "A" common shares are entitled, among other things, as follows:

       (a)    to vote at all meetings of shareholders except meetings at which only holders of a
              specified class of shares are entitled to vote; and

       (b)    to receive dividends if, as and when declared by the Board of Directors out of the
              assets of the Company properly applicable to the payment of dividends in such
              amount and payable at such times as the Board of Directors may from time to
              time determine and whether or not wholly to the exclusion of any other class of
              shares, but shall not be entitled to receive any such dividends in priority to or
              parri passu with the holders of any other class of shares unless the Board of
              Directors in their sole discretion so determine; and

       (c)    subject to the rights, privileges, restrictions and conditions attaching to any other
              class of shares of the Company, to receive the remaining property of the Company
              upon dissolution, parri passu with the holders of the other classes of common
              shares.

2.     The holders of the Class "B" common shares are entitled, among other things, as follows:

       (a)    Subject to the provisions of this subparagraph, the holders of the Class "B"
              common shares shall not, as such, be entitled to receive notice of or to attend or
              vote at any meetings of the shareholders of the Company, except as may be
              otherwise provided in laws of the governing jurisdiction, as the same may be
              amended from time to time, or as set out herein. Notwithstanding the aforesaid
              conditions, restrictions, limitations or prohibitions on the right to vote, the holders
              of the Class "B" common shares are entitled to notice of meetings of the
              shareholders of the Company called for the purpose of authorizing the dissolution
              of the Company or the sale, lease or exchange of all or substantially all of the
              property of the Company other than in the ordinary course of the business of the
              Company; to vote at all meetings of shareholders except meetings at which only
              holders of a specified class of shares are entitled to vote; and

       (b)    to receive dividends if, as and when declared by the Board of Directors out of the
              assets of the Company properly applicable to the payment of dividends in such
              amount and payable at such times as the Board of Directors may from time to
              time determine and whether or not wholly to the exclusion of any other class of
              shares, but shall not be entitled to receive any such dividends in priority to or
                 parri passu with the holders of any other class of shares unless the Board of
                 Directors in their sole discretion so determine; and

        (c)      subject to the rights, privileges, restrictions and conditions attaching to any other
                 class of shares of the Company, to receive the remaining property of the Company
                 upon dissolution, parri passu with the holders of the other classes of common
                 shares.




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DOCUMENT INFO
Description: This document sets forth the rights and restrictions attaching to the Class “A” Voting and the Class “B” Non-Voting common shares of a corporation. This form sets out whether a particular class of shares in the capital stock of a company are voting or non-voting, whether the shares are entitled to receive dividends, as well as other provisions such as the price per share in the event of a redemption of the shares by the company. This document should be used by corporation seeking to set forth the rights of different classes of common stock.
This document is also part of a package Raising Capital Toolkit 9 Documents Included