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UPHOLDER RIGHTS PLAN AGREEMENT BETWEEN PRECISION DRILLING TRUST anCOMPUTERATERE TRUST COMPANY OF CANADA as Rights Agent Dated as of March 9, 2007, I TABLE OF CONTENTS Article 1 CERTAIN DEFINITIONS...........................................................................................
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How to fill out unitholder rights plan agreement

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01
To fill out a unitholder rights plan agreement, start by carefully reading the document to understand its terms and provisions. Ensure that you have all the necessary information and documentation before proceeding.
02
Begin by entering the date of the agreement and identifying the parties involved. This typically includes the unitholder (individual or entity) and the company issuing the plan.
03
Identify the rights and obligations of the unitholder, such as their ability to purchase additional units, voting rights, and any restrictions on transferring or selling units.
04
Determine the duration of the plan, including the start and end dates. This may be a fixed term or linked to specific events or triggers.
05
Specify any conditions or restrictions related to exercising the rights, such as minimum ownership thresholds, timing requirements, or other qualifications.
06
Address any rights or preferences given to the unitholder in case of certain events, such as a change in control, merger, or acquisition. Outline the procedures and considerations in such scenarios.
07
Include provisions for dispute resolution and governing law to ensure a clear process in case of disagreements or conflicts.
08
If necessary, consult with legal professionals or advisors specializing in company agreements to validate and optimize the agreement's terms and language.

Who needs a unitholder rights plan agreement?

01
Companies or entities issuing units in an investment fund, real estate project, or other similar ventures may require a unitholder rights plan agreement to outline the rights and obligations of their unitholders.
02
Unitholders, whether individuals or institutional investors, may benefit from having a clear agreement that protects their rights, outlines any preferential treatment, and provides guidance on potential scenarios or triggers that may affect their investment.
03
Legal and financial professionals involved in structuring or managing unit-based investment vehicles, such as lawyers, accountants, or fund managers, may also find a unitholder rights plan agreement necessary to ensure proper governance and compliance with regulations.
In summary, filling out a unitholder rights plan agreement involves carefully reviewing the document, identifying key provisions, and specifying the parties' rights and obligations. This agreement may be useful for companies issuing units and investors seeking clarity and protection regarding their investments.
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