Common use of Directors’ Circular Clause in Contracts

Directors’ Circular. Contact shall (i) prepare a directors' circular in both English and French together with any other documents required of Contact or its directors by Securities Laws in connection with the Offer, in each case as they may be amended, supplemented or otherwise modified (collectively, the "Directors' Circular") in a form acceptable to Stornoway, acting reasonably, and in compliance with the Securities Laws; (ii) subject to acquiring any required Regulatory Approvals in connection with mailing the Directors' Circular, use its reasonable commercial efforts to cause the Directors' Circular to be sent to each holder of Contact Shares, together with the Offer Documents prepared and sent by Stornoway; and