Types of Shares

Non-voting stock Means

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A Stock that provides the shareholder very little or no vote on corporate matters, such as election of the board of directors or mergers. This type of share is usually implemented for individuals who want to invest in the company’s profitability and success at the expense of voting rights in the direction of the company. Preferred stock typically has nonvoting qualities.

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Multiple Voting Shares Means

Securities which entitle the holder to exercise a greater number of votes per security than the holder of any other class or series of securities of the Issuer

Securities which are issued at a price per security which is significantly lower than the market price per security of any class of listed Equity Shares

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Restricted Shares Means

Equity Shares that are not Common Shares and may include Multiple Voting Shares, Non-Voting Shares, Subordinate Voting Shares and Restricted Voting Shares.

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Restricted Voting Shares Means

Securities which carry a right to vote if the number or percentage of securities which may be voted by a Person or group of Persons is limited

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Subordinate Voting Shares Means

Restricted Shares that carry a right to vote but another class of securities is outstanding that carries a greater right to vote on a per security basis;

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Voting Shares means

Securities that carry the right to vote under all circumstances if the Issuer also has a class of Restricted Shares