0000950123-06-006936 Sample Contracts

SHAREHOLDER RIGHTS PLAN AGREEMENT
Shareholder Rights Plan Agreement • May 25th, 2006 • Canada Southern Petroleum LTD • Crude petroleum & natural gas • Alberta

SHAREHOLDER RIGHTS PLAN AGREEMENT dated as of May 24, 2006 between CANADA SOUTHERN PETROLEUM LTD., a corporation existing under the Business Corporations Act (Alberta) (the “Company”) and American Stock Transfer & Trust Company, a trust company incorporated under the laws of New York, as rights agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).

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