Common use of Registered Shareholders Clause in Contracts

Registered Shareholders. Eligible Shareholders may enroll in the Plan by delivering to the Plan Agent a duly completed and signed Enrollment Form. Such registered Shareholders may enroll all or a portion of the Preferred Shares held by duly completing the Enrollment Form. The Enrollment Form will direct the Corporation to forward to the Plan Agent all Dividends in respect of Preferred Shares registered in the name of the Shareholder, and will direct the Plan Agent to reinvest such Dividends in additional Preferred Shares of the same series in accordance with and subject to the provisions of the Plan.