Lost Certificates

Clause

Clause Information


Lost Certificates. In the event any certificate that immediately prior to the Effective Time represented one or more outstanding Company Shares that were exchanged in accordance with Section 3.1 shall have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the holder claiming such certificate to be lost, stolen or destroyed, the Depositary shall deliver in exchange for such lost, stolen or destroyed certificate, a certificate or DRS advice-statement representing Consideration Shares and a certificate or DRS advice-statement representing the Earnout Rights, that such holder is entitled to receive in accordance with Section 3.1. When authorizing such delivery of a certificate or DRS advice-statement representing Consideration Shares and a certificate or DRS advice-statement representing the Earnout Rights that such holder is entitled to receive in exchange for such lost, stolen or destroyed certificate, the holder to whom such certificate or DRS advicestatement representing such Consideration Shares and certificate or DRS advice-statement representing the Earnout Rights is to be delivered shall, as a condition precedent to the delivery of such Consideration Shares and Earnout Rights, give a bond satisfactory to WonderFi, Coinsquare, the Company, and the Depositary in such amount as WonderFi, Coinsquare, the Company, and the Depositary may direct, or otherwise indemnify WonderFi, the Company, and the Depositary in a manner satisfactory to WonderFi, Coinsquare, the Company, and the Depositary, against any claim that may be made against WonderFi, Coinsquare, the Company, or the Depositary with respect to the certificate alleged to have been lost, stolen or destroyed and shall otherwise take such actions as may be required by the constating documents of the Company.

Clause Category:Lost Certificates

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