Both Transfers are of equal total value to the current fair market value of the Investment as set
forth above.
As consideration for you agreeing to complete the Transfers, I acknowledge and agree as
follows:
1. It is my sole responsibility to determine that all investments which I make in respect of
the Plan are "qualified investments" for my Plan as that term is defined in the Act and in
any applicable provincial or federal tax legislation pertaining to registered plans
(collectively "Applicable Legislation").
2. It is my sole responsibility to ascertain and satisfy myself that the investments I elect to
make under my Plan will provide the desired degree of liquidity and marketability to
meet and fulfill my personal investment objectives.
3. It is my sole responsibility to notify RBC DI if any investment held within the Plan
becomes a prohibited investment, a non-qualified investment or worthless.
4. You have reporting responsibilities to applicable regulatory authorities for any prohibited
or non-qualified investments made in respect of my Plan until the investment is removed.
5. I have been advised to seek, and had the opportunity to obtain, independent legal and/or
tax advice that the Investment is a “prohibited investment” or a “non-qualified
investment” as such terms are defined under the Act and my independent legal and/or tax
advisor informed me of the potential adverse consequences of continuing to hold the
Investment in the Plan, as well as any potential adverse consequences that could result
from the Transfers.
6. I hereby acknowledge that if the Investment is comprised of non-publicly traded
securities, then the method of valuation described above will be used to determine the
value of the Issuer's shares/units in my Plan for all purposes. However, if in your
reasonable discretion, you decide that you require further evidence that the Investment is
a prohibited investment or a non-qualified investment or the method of valuation is not
reasonable for the purposes of the Applicable Legislation, then I will direct my legal
and/or tax advisors to modify the method of valuation so that it is reasonable for tax
purposes, entirely at my own cost, and subject to the indemnity provided herein.
7. I acknowledge that you have not advised me in any way with respect to the Transfers or
the facts set out herein and you have not completed any due diligence regarding the
appropriateness of methods of valuation or the merits of the transfer of the shares/units of
the Issuer and, accordingly, I have not relied on any such advice from you or such
persons upon directing you to complete the Transfers.
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