| Title: | Shareholder Rights Plan Agreement |
| Contract Category: | Shareholder Rights Plan Agreement |
| Summary: | This Shareholder Rights Plan Agreement, dated [*], 2020, is between a corporation and a trust company. The agreement aims to ensure fair treatment of shareholders during take-over bids and provides the Board of Directors time to evaluate unsolicited bids and explore alternatives to maximize shareholder value. |
| Governing Law: | Alberta |
| Filer: | Calfrac Well Services Ltd. (CFW) |
| Parties: | Calfrac Well Services Ltd. Computershare Trust Company of Canada |
| Filing Date: | August 26, 2020 |
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