0001116502-09-001397 Sample Contracts

INTERNATIONAL ABSORBENTS INC. and COMPUTERSHARE TRUST COMPANY OF CANADA as Rights Agent SHAREHOLDER RIGHTS PLAN AGREEMENT June 11, 2009
Shareholder Rights Plan Agreement • September 11th, 2009 • International Absorbents Inc • Converted paper & paperboard prods (no contaners/boxes) • British Columbia

THIS AMENDED AND RESTATED SHAREHOLDER RIGHTS PLAN AGREEMENT (the “Rights Plan”) is made and entered into on June 10, 2009, between International Absorbents Inc. (the “Corporation”), a corporation incorporated under the laws of British Columbia, and Computershare Trust Company of Canada, a trust company incorporated under the laws of Canada, as Rights Agent (the “Rights Agent”, which term shall include any successor Rights Agent hereunder).

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