Document:

EX-4.2

Exhibit 4.2

AMENDED AND RESTATED

CERTIFICATE OF DESIGNATION

OF

SERIES B CUMULATIVE PREFERRED STOCK

OF

TRIDENT RESOURCES CORP.

     Trident Resources Corp., a Delaware corporation (the “Company"), hereby certifies that the
following resolution was adopted by the Board of Directors of the Company, as required by Section
151 of the Delaware General Corporation law pursuant to a unanimous written consent in lieu of a
meeting of the Board of Directors:

     RESOLVED, that pursuant to the authority expressly granted to and vested in the Board of
Directors of the Company (the “Board of Directors”) by the provisions of the Fourth Amended and
Restated Certificate of Incorporation of the Company (the “Certificate of Incorporation”), there is
hereby created, out of the ten million (10,000,000) shares of preferred stock, par value $0.0001
per share, of the Company authorized in Article Fourth of the Certificate of Incorporation (the
“Preferred Stock”), a series of the Preferred Stock consisting of two million (2,000,000) shares,
which series shall have the following powers, designations, preferences and relative,
participating, optional or other rights, and the following qualifications, limitations and
restrictions (in addition to any powers, designations, preferences and relative, participating,
optional or other rights, and any qualifications, limitations and restrictions, set forth in the
Certificate of Incorporation which are applicable to the Preferred Stock).

Section 1. Designation of Series B Cumulative Preferred Stock.

     (a) The series of shares of Preferred Stock created hereby shall be designated the
“Series B Cumulative Preferred Stock” and the authorized number of shares constituting such
series shall be two million (2,000,000). The Series B Cumulative Preferred Stock shall rank
senior to the Company’s common stock, par value $0.0001 per share (“Common Stock”), as to
dividends and distributions and as to distributions of assets upon the liquidation,
dissolution, or winding up of the Company, whether voluntary or involuntary and rank pari
passu with the Company’s Series A Cumulative Preferred Stock, par value $0.0001 per share
(“Series A Preferred Stock”), as to dividends and distributions and as to distributions of
assets upon the liquidation, dissolution, or winding up of the Company, whether voluntary or
involuntary. All dollar amounts set forth herein are in U.S. dollars unless otherwise
specified.

Section 2. Dividends.

     (a) Regular Dividends. Each holder of a share of Series B Cumulative Preferred
Stock will be entitled to receive dividends on the Face Amount (as defined in Section 3(a))
at the rates specified in Section 2(b) (and on accrued but unpaid Regular Dividends at the
rates set forth in Section 2(c)) from the Original Issuance Date (as defined in Section
2(d)) to and including the earlier of (i) the date upon which the applicable share is
redeemed and (ii) the date of a Liquidation (as defined in Section 3(a)) of the Company
(such dividends, together with any dividends that accrue on such

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dividends pursuant to Section 2(c) below, shall be collectively referred to as the
“Regular Dividends”). The Regular Dividends shall be cumulative and shall accrue on a daily
basis whether or not declared by the Board of Directors and whether or not there are
Profits, surplus or other funds legally available for the payment of the Regular Dividends.
The Company shall have the option but not the obligation to pay the Regular Dividends
quarterly in cash on or before the thirtieth day after the last day of the quarter in which
they accrued to the holder of record of each share of Series B Cumulative Preferred Stock as
of the close of business on the tenth business day prior to the date of payment. Regular
Dividends that arc not paid in accordance with the previous sentence shall accrue and
compound as set forth in Section 2(c) below.

     (b) Rate of Accrual. The Regular Dividends shall accrue on each share of the
Series B Cumulative Preferred Stock at the annual rate of 7.0% of the Face Amount.

     (c) Accrual on Accrued but Unpaid Dividends. Any accrued Regular Dividends
that are not paid in cash on or before the thirtieth day after the last day of the quarter
in which they accrued shall, beginning on the first day of the quarter commencing
immediately after the quarter in which such Regular Dividends accrued and for so long as
such Regular Dividends are unpaid, (i) accrue dividends at an annual rate of 7.0% of the
aggregate amount of the accrued and unpaid Regular Dividends and the accrued and compounded
dividends on such Regular Dividends and compounded dividends on such Regular Dividends, and
(u) compound monthly.

     (d) Certain Definitions. The term “Original Issuance Date” means, as to each
share of Series B Cumulative Preferred Stock, the date such share is issued.

     (e) Additional Dividends. In addition to Regular Dividends, in the event any
dividends are declared or paid or any other distribution is made on or with respect to the
Company’s Common Stock or any Preferred Stock ranking junior to the Series B Cumulative
Preferred Stock as to dividend rights (the “Junior Preferred”), the holders of the Series B
Cumulative Preferred Stock as of the close of business of the record date established by the
Board of Directors for such dividend or distribution on the Common Stock shall be entitled
to receive as additional dividends (the “Additional Dividends”) an amount (whether in the
form of cash, securities or other property) per share of Series B Cumulative Preferred Stock
equal to the amount (and in the form) of the dividends or distribution payable per share to
the holders of Common Stock, such Additional Dividends to be payable on the same payment
date as the payment date of the dividend on the Common Stock provided, however, that no
dividend or distribution payable in Common Stock shall be payable in respect of the Series B
Cumulative Preferred Stock.

     (f) Priority of Dividends. No dividend shall be paid or declared on any share
of Common Stock, unless (i) all accrued Regular Dividends on the Series B Cumulative
Preferred Stock have been paid in full in compliance with the provisions hereof and (ii)
such dividends on the Common Stock are paid or declared in full compliance with the
provisions of Section 2(e) above. The payment of Regular Dividends on the Series B
Cumulative Preferred Stock shall be (i) junior to the payment of dividends on any class or

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series of Preferred Stock or other class or series of the Company’s capital stock ranking
senior as to dividend rights, (ii) payable on a pari passu basis with any payment of
dividends on any class or series of Preferred Stock or any other class or series of the
Company’s capital stock ranking pari passu as to dividend rights to the Series B Cumulative
Preferred Stock including the Series A Cumulative Preferred Stock, and (iii) payable prior
to any payment of dividends to the holders of the Common Stock or any class or series of
Preferred Stock or other class or series of the Company’s capital stock ranking junior as to
dividend rights to the Series B Cumulative Preferred Stock.

     (g) Upon and immediately prior to the redemption of any share of Series B Cumulative
Preferred Stock, all accrued and unpaid Regular Dividends and Additional Dividends on such
share shall be paid in accordance with Section 5(d)(iv) below.

     (h) Notwithstanding the foregoing or any other provision of this Certificate of
Designation, the declaration and payment of all dividends in cash or in shares of Common
Stock (as provided by Section 5(d)(iv)) shall be subject to the provisions of Delaware
General Corporation Law governing distributions on equity securities.

Section 3. Liquidation Preference.

     (a) Liquidation. In the event of a liquidation, dissolution, liquidating
bankruptcy, or winding-up of the Company or other distribution of the assets of the Company
among its stockholders for the purpose of winding up the Company’s affairs, whether
voluntary or involuntary (a “Liquidation”), each holder of the Series B Cumulative Preferred
Stock shall be entitled to receive, per share of such Series B Cumulative Preferred Stock so
held, out of the available assets of the Company, an amount equal to (A) $ (the “Face
Amount”), plus (B) the amount of any accrued and unpaid Regular Dividends as of such date,
plus (C) any declared but unpaid Additional Dividends as of such date (the sum of such
amounts for all Series B Cumulative Preferred Stock then outstanding collectively being the
“Series B Liquidation Preference”).

     (b) Priority. The payment of the amount specified in Section 3(a) shall be
made (i) after any payment shall be made or any assets distributed to the holders of any
class or series of Preferred Stock or other class or series of the Company’s capital stock
ranking senior as to liquidation rights to the Series B Cumulative Preferred Stock, (ii)
simultaneously with any payment that shall be made or any assets distributed to the holders
of any class or series of Preferred Stock or any other class or series of the Company’s
capital stock ranking pari passu as to liquidation rights to the Series B Cumulative
Preferred Stock (including the Series A Cumulative Preferred Stock) (“Pari Passu Stock”),
and (iii) before any payment shall be made or any assets distributed to the holders of the
Common Stock or any class or series of Preferred Stock or other class or series of the
Company’s capital stock ranking junior as to liquidation rights to the Series B Cumulative
Preferred Stock. After payment in full of the amount specified in Section 3(a), the holders
of Series B Cumulative Preferred Stock shall not be entitled to any further payment or
distribution of assets of the Company. If, upon any Liquidation, after payment shall be
made or assets distributed to the holders of any class or series of

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Preferred Stock or other
class or series of the Company’s capital stock ranking senior as
to liquidation rights to the Series B Cumulative Preferred Stock, the remaining assets
available for payment of the Series B Liquidation Preference and any liquidation preference
associated with any outstanding Pari Passu Stock (the “Pari Passu Liquidation Preference”)
are insufficient to permit the payment to the holders of the Series B Cumulative Preferred
Stock and such Pan Passu Stock of the full Series B Liquidation Preference and the Pari
Passu Liquidation Preference, as applicable, then all the remaining available assets shall
be distributed ratably among the holders of the then outstanding Series B Cumulative
Preferred Stock and Pari Passu Stock in proportion to the Series B Liquidation Preference
and Pari Passu Liquidation Preference of each such holder.

     (c) Valuation. Whenever any distribution provided for hereunder shall be
payable in securities or property other than cash, the value of such distribution shall be
the fair market value of such securities or property as determined in good faith by a
majority of the Board of Directors of the Company.

Section 4. Voting Rights.

     (a) General. The holders of outstanding shares of the Series B Cumulative
Preferred Stock:

	 	(i)	 	shall be entitled to vote together with the
holders of the Common Stock and the Series A Cumulative Preferred Stock
as a single class on all matters submitted for a vote of holders of
Common Stock;
	 
	 	(ii)	 	shall have such other voting rights as are
specified in the Certificate of Incorporation or as otherwise provided
by the Delaware General Corporation Law; and
	 
	 	(iii)	 	shall be entitled to receive notice of any
stockholders’ meeting in accordance with the Certificate of
Incorporation and bylaws of the Company.

     For purposes of the voting rights set forth in this Section 4(a), each holder of Series
B Cumulative Preferred Stock shall be entitled to cast one vote for each share of Series B
Cumulative Preferred Stock then held.

     (b) Separate Series Vote. So long as any shares of Series B Cumulative
Preferred Stock remain outstanding, the Company shall not take any of the following actions
without the consent of the holders of at least a majority of the then outstanding shares of
Series B Cumulative Preferred Stock:

	 	(i)	 	amend this Certificate of Designation or the
Amended and Restated Certificate Of Designation of Series A Cumulative
Preferred Stock of the Company (the “Series A Certificate of
Designation”);

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	 	(ii)	 	amend or waive any provision of the Company’s
Certificate of Incorporation or the Company’s bylaws if such amendment
or waiver would adversely affect the rights of the holders of the
Series B Cumulative Preferred Stock;
	 
	 	(iii)	 	other than pursuant to contractual obligations
of the Company or TEC in existence on March 10, 2005, and other than to
former, current or future employees, officers, directors and
consultants of the Company or TEC, cause TEC to issue shares of capital
stock, or securities convertible into, or exercisable or exchangeable
for, shares of the capital stock of TEC, to any patty other than the
Company or any entity directly or indirectly wholly owned by the
Company;
	 
	 	(iv)	 	cause TEC to pay or declare dividends in
respect of any class of its capital stock, other than dividends 100% of
which are payable to the Company or any entity directly or indirectly
wholly owned by the Company, dividends in respect of TEC’s outstanding
preferred stock as of March 10, 2005, and dividends declared or paid in
respect of TEC’s outstanding common stock as of March 10, 2005 issued
in connection with a transaction that involves the redemption,
repurchase, cancellation, exchange or conversion of any such shares;
	 
	 	(v)	 	purchase or redeem any shares of the Common
Stock of the Company, or any shares of Preferred Stock of the Company
the rights, priorities or preferences of which are junior to those of
the Series B Cumulative Preferred Stock with respect to dividend rights
or liquidation rights (provided, that consent by holders of the Series
B Cumulative Preferred Stock to such purchases and redemptions shall
not be unreasonably withheld), other than (i) the repurchase or
redemption, from any former, current or figure employees, officers,
directors and consultants of the Company or TEC, of Common Stock of the
Company, or options to purchase Common Stock of the Company and (ii)
repurchases of Common Stock of the Company pursuant to the satisfaction
of exercised put rights of all Warrants (as set forth in Section 7 of
each Warrant) associated with the shares of Series B Cumulative
Preferred Stock, the Series A Cumulative Preferred Stock or any series
of Preferred Stock which may from time to time come into existence;
	 
	 	(vi)	 	cause TEC to purchase or redeem any shares of
capital stock of TEC, or securities convertible into, or exercisable or
as changeable for, shares of capital stock of TEC, other than (a) any
purchase, redemption, cancellation, exchange or conversion of the
shares of TEC’s outstanding preferred stock as of March 10, 2005, (b)
any purchase or redemption pursuant to any contractual obligation of

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	 	 	 	the Company or TEC in existence on March 10, 2005 (c) any purchase or
redemption of shares of capital stock of TEC owned by the Company or
entity directly or indirectly wholly owned by the Company, (d) any
purchase or redemption from current, former or future employees,
officers, directors and consultants of the Company or TEC, and (e)
any purchase, redemption, cancellation, exchange or conversion of
TEC’s outstanding common stock as of March 10, 2005;
	 
	 	(vii)	 	after March 10, 2009, enter (or cause or
permit TEC to enter) into any credit, debt or other agreement, facility
or instrument of the Company or TEC that matures or terminates after
March 10, 2013 and which contains a Put Restriction (as defined in
Section 4(c) below) that applies on March 10, 2013;
	 
	 	(viii)	 	after March 10, 2009, amend (or cause or permit TEC to amend) any
then existing credit, debt or other agreement, facility or instrument
of the Company or TEC that matures or terminates after March 10, 2013
(or which by such amendment would mature on or after March 10, 2013) in
a manner that adds to such credit, debt or other agreement, facility or
instrument a Put Restriction that applies on March 10, 2013;
	 
	 	(ix)	 	after March 10, 2009, amend (or cause or permit
TEC to amend) any then existing credit, debt or other agreement,
facility or instrument of the Company or TEC that contains a Put
Restriction to extend the date of maturity or termination to a date
that is on or after March 10, 2013 if and only if, under such credit,
debt or other agreement, facility or instrument as amended, the Put
Restriction is also extended to apply on March 10, 2013; or
	 
	 	(x)	 	after March 10, 2009, amend (or cause or permit
TEC to amend) any then existing credit agreement or facility of the
Company or TEC that matures or terminates after March 10, 2013 and
which contains a Put Restriction that applies on March 10, 2013 in a
manner that increases the stated dollar maximum borrowing amount under
such agreement, facility or instrument.

     (c) Preferred Class Vote. So long as any shares of Series A Cumulative
Preferred Stock remain outstanding, the Company shall not, and shall not permit any of its
Subsidiaries to, take any of the following actions without the consent of the holders of at
least a majority of the then outstanding shares of Series A Cumulative Preferred Stock and
Series B Cumulative Preferred Stock, voting together as single class with each holder of
Series A Cumulative Preferred Stock and Series B Cumulative Preferred Stock being entitled
to cast one vote for each share of Series A Cumulative Preferred Stock and Series B
Cumulative Preferred Stock then held (with terms used in this paragraph (c) and not
otherwise defined herein having the meanings set forth in Appendix A hereto):

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	 	(i)	 	other than the Series B Cumulative Preferred
Stock outstanding as of August 17, 2007, authorize for issuance or
issue any class or series of Preferred Stock or other class or series
of the Company’s capital stock with rights, priorities or preferences
senior to or on parity with those of the Series A Cumulative Preferred
Stock (any such class or series being “Senior Stock”), including
without limitation (i) in respect of the right to receive dividends,
(ii) in respect of the right to receive assets upon the liquidation,
dissolution or winding up of the affairs of the Company, or (iii) in
respect of redemption or repurchase rights (it being understood and
agreed that any class or series of Preferred Stock or other class or
series of the Company’s capital stock which are permitted to be
redeemed or repurchased by the Company or any of its direct or indirect
subsidiaries, or which the Company of any of its direct or indirect
subsidiaries could be obligated to redeem or repurchase, at any time
the Series A Cumulative Preferred Stock remains outstanding shall
constitute Senior Stock for all purposes hereof);
	 
	 	(ii)	 	create, incur or suffer to exist any Debt,
except for Permitted Debt;
	 
	 	(iii)	 	except in respect of transactions between or
among the Company and/or one or more of its Wholly-Owned Subsidiaries,
enter into any contract, agreement or transaction whatsoever, including
for the sale, purchase, lease or other dealing in any property or the
provision of any services (other than (i) office and administration
services provided in the ordinary course of business or (ii) acting as
a director of the Company or one or more of its Subsidiaries), with any
Related Party; and
	 
	 	(iv)	 	sell, lease, transfer or otherwise dispose of
any assets, or grant any option or other right to purchase, lease or
otherwise acquire any assets, except for Permitted Dispositions.

     (d) For purposes of the foregoing, “Put Restriction” shall mean a provision in any
credit, debt or other agreement, facility or instrument of the Company or any of its
subsidiaries or affiliates that prevents, restricts, limits or otherwise would prevent (i)
the Company from, on March 10, 2013, satisfying in full in cash all put rights (as set forth
in Section 7 of each Warrant) of all Warrants associated with all then outstanding shares of
Series A Cumulative Preferred Stock or (ii) TRC from, on March 10, 2013, making cash
payments to the Company in an amount sufficient for the Company to satisfy such put rights
in full in cash.

Section 5. Redemption.

Each share of Series B Cumulative Preferred Stock shall be redeemable at the Redemption Price (as
determined pursuant to Section 5(d)(iii)) and on the Redemption Date (as determined

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pursuant to Section 5(d)(ii)), and in accordance with the other provisions of this Section 5 as set
forth below.

	 	(a)	 	Mandatory Redemption. Upon the earlier of

	 	(i)	 	a Qualified Public Offering (as defined below);
or
	 
	 	(ii)	 	(subject to the qualification in this Section
5(a) below) March 10, 2013,

each of the then issued and outstanding shares of Series B Cumulative Preferred
Stock shall be redeemed by the Company on the Redemption Date (as determined in
Section 5(d)(ii)(a) or (b), as applicable) for an amount per share equal to the
Redemption Price. Notwithstanding the foregoing, if on March 10, 2013, due to (i) a
Debt Restriction, or (ii) applicable provisions of Delaware law regarding repurchase
of shares of capital stock for cash (each a “Redemption Restriction”), the Company
is unable to satisfy in cash all exercised put rights of all outstanding Warrants
(as set forth in Section 7 of each Warrant) associated with all of the then
outstanding shares of Series B Cumulative Preferred Stock, then the mandatory
redemption pursuant to Section 5(a)(ii) shall be delayed until the date upon which
all Redemption Restrictions no longer exist. The term “Debt Restriction” means (A)
any provision of a Debt Instrument (as defined below) restricts the right or power
of the Company to pay cash dividends, or (B) any provision of a Debt Instrument or
the terms of any outstanding preferred capital stock of TEC restricts the right or
power of TEC to pay cash dividends, make any return of capital in cash, lend money
or repay indebtedness to the Company. The term “Debt Instrument” means any
instrument, agreement, security or facility pursuant to which the Company or TEC is
a primary or secondary obligor, including as a borrower or guarantor, whether
absolute or contingent, for obligations characterized as indebtedness under
accounting principles generally accepted in the United States, whether or not there
are any amounts outstanding under such instrument, agreement, security or facility
and whether or not such instrument, agreement, security or facility is then
terminable by the Company or TEC.

	 	(b)	 	Redemption at the Company’s Option.

	 	(i)	 	At any time after March 10, 2008, subject to
the limitations set forth in Section 7.1 of the associated Warrant, the
Company may redeem on the Redemption Date (as determined in Section
5(d)(ii)(c)) any or all of the then outstanding shares of Series B
Cumulative Preferred Stock for an amount per share equal to the
Redemption Price; provided that, if the Company elects to redeem less
than all of the then outstanding shares of Series B Cumulative
Preferred Stock, then such shares shall be redeemed ratably among the
holders of the then outstanding shares of Series B Cumulative Preferred
Stock

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	 	(ii)	 	In connection with a Change of Control (as
defined in Section 5(e)(iii)), subject to the limitations set forth in
Section 7.1 of the associated Warrant, the Company may on the
Redemption Date (as determined in Section 5(d)(ii)(d)) redeem any or
all of the then outstanding shares of Series B Cumulative Preferred
Stock for an amount per share equal to the Redemption Price; provided
that, if the Company elects to redeem less than all of the then
outstanding shares of Series B Cumulative Preferred Stock, then such
shares shall be redeemed ratably among the holders of the then
outstanding shares of Series B Cumulative Preferred Stock.

	 	(c)	 	Redemption at the Holder’s Option.

	 	(i)	 	At any time after March 10, 2008, any holder of
shares of Series B Cumulative Preferred Stock may require the Company
to redeem on the Redemption Date (as determined in Section 5(d)(ii)(e))
all, but not less than all, of the shares of Series B Cumulative
Preferred Stock held by such bolder for an amount per share equal to
the Redemption Price.
	 
	 	(ii)	 	In connection with a Change of Control, each
holder of shares of Series B Cumulative Preferred Stock may require the
Company to redeem on the Redemption Date (as determined in Section
S(d)(ii)(f)) any or all of such holder’s shares of Series B Cumulative
Preferred Stock, for an amount per share equal to the Redemption Price.
	 
	 	(iii)	 	At any time after February 17, 2010, the
holders of a majority of the then outstanding shares of Series A
Cumulative Preferred Stock and Series B Cumulative Preferred Stock,
taken together as single class with each share of Series A Cumulative
Preferred Stock and Series B Cumulative Preferred Stock being treated
as a single share for purposes of determining such majority, may
require the Company to redeem on the Redemption Date (as determined in
Section 5(1)(ii)(g)) all, but not less than all, of the then
outstanding shares of Series A Cumulative Preferred Stock and Series B
Cumulative Preferred Stock for an amount per share equal to the
Redemption Price.

	 	(d)	 	Redemption Procedures. The Company and the holders of the outstanding
shares of Series B Cumulative Preferred Stock shall effect the redemption of any shares of
Series B Cumulative Preferred Stock according to the following redemption procedures:

	 	(i)	 	Notice of the redemption shall be provided as
follows:

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	 	a)	 	Within ten business days after an
initial filing by the Company of a registration statement on
Form S-1, which registration statement relates to an anticipated
Qualified Public Offering, the Company shall provide written
notice of such filing to each holder of shares of Series B
Cumulative Preferred Stock. However, the Company is not
required to provide the holders, of the shares of Series B
Cumulative Preferred Stock with any advance notice of the.
Redemption Date in connection with the redemption of any shares
of Series B Cumulative Preferred Stock pursuant to Section
5(a)(i).
	 
	 	b)	 	In connection with the redemption
of any shares of Series B Cumulative Preferred Stock pursuant to
Section 5(a)(ii), at least 120 days prior to the Redemption
Date, the Company shall provide written notice of such
Redemption Date to each holder of Series B Cumulative Preferred
Stock provided, that if a Redemption Restriction exists on March
10, 2013, the Company shall not be required to provide
subsequent notice of the cessation of any Redemption
Restriction.
	 
	 	c)	 	In connection with the redemption
of any shares of Series B Cumulative Preferred Stock pursuant to
Section 5(b)(i), the Company shall provide to each holder of
shares of Series B Cumulative Preferred Stock written notice of
the Redemption Date and the number of shares to be redeemed at
least 30 days in advance of the Redemption Date.
	 
	 	d)	 	In connection with any Change of
Control (whether or not the Company intends to effect the
redemption of any shares of Series B Cumulative Preferred Stock
pursuant to Section 5(b)(ii)), the Company shall provide to each
holder of shares of Series B Cumulative Preferred Stock written
notice of the anticipated date of the closing of the transaction
or transactions by which the Change of Control occurs either (i)
at least 30 days in advance of the Change of Control or (ii)
fewer than 30 days prior to the Change of Control; provided
that, if the Company provides such notice fewer than 30 days
prior to the Change of Control, the Company shall (i) set aside
and make available for payment an amount of cash (or, to the
extent payable in accordance with Section 5(d)(iv), a number of
shares of Common Stock (or if as a result of such Change of
Control the Company merges with another entity and is not the
survivor or the Common Stock otherwise would no longer exist,
the amount of cash, securities or other property that

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	 	 	 	would be received by a holder of that number of shares of the
Company’s Common Stock)), sufficient to pay the aggregate
accrued and unpaid Regular Dividends and Additional Dividends
as of the later of the date of the Change of Control, or, if
applicable, the Redemption Date and (ii) make similar
provisions for the Warrant associated with each then
outstanding share of Series B Cumulative Preferred Stock (in
lieu of setting aside an amount equal to the Redemption Price
of the outstanding shares of Series B Cumulative Preferred
Stock). If the Company elects to redeem any shares of Series
B Cumulative Preferred Stock pursuant to Section 5(b)(ii), it
shall include in each such written notice of the Change of
Control notice of the anticipated Redemption Date and the
number of shares to be redeemed. If the Change of Control
does not occur, then the shares of Series B Cumulative
Preferred Stock shall not be redeemed, all notices given
pursuant to this Section 5(d)(i)(d) shall be deemed revoked,
and the Company shall deliver notice to the holders of the
Series B Cumulative Preferred Stock that the Change of
Control will not be consummated.
	 
	 	e)	 	In connection with the redemption
of any shares of Series B Cumulative Preferred Stock pursuant to
Section 5(c)(i), the holder thereof shall deliver to the Company
written notice of such holder’s election to redeem and the
Redemption Date at least 90 days in advance of such Redemption
Date.
	 
	 	f)	 	In connection with any Change of
Control, the Company shall provide to each holder of shares of
Series B Cumulative Preferred Stock written notice of the
anticipated date of the Change of Control (i) at least 30 days
in advance of the Change of Control or (ii) fewer than 30 days
prior to the Change of Control (provided that the Company in
such a circumstance comply with the procedures set forth in
Section 5(d)(i)(d) above). Any holder of Series B Cumulative
Preferred Stock that elects to redeem any or all of his or her
shares pursuant to Section 5(c)(ii) shall deliver notice of such
election and the number of the shares to be redeemed to the
Company within 10 days of the date the Company provides the
notice of the Change of Control. If the Change of Control does
not occur, then no shares of Series B Cumulative Preferred Stock
shall be redeemed pursuant to Section 5(c)(ii), the Redemption
Date shall not occur, all notices given pursuant to this Section
5(d)(i)(f) shall be deemed revoked, and the Company shall
deliver notice to the holders of the Series B

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	 	 	 	Cumulative Preferred Stock that the Change of Control will
not be consummated.
	 
	 	g)	 	In connection with the redemption
of the shares of Series A Cumulative Preferred Stock and Series
B Cumulative Preferred Stock pursuant to Section 5(e)(iii), such
majority shall deliver to . the Company written notice of the
election to redeem and the Redemption Date, which must be at
least 30 days in advance of such Redemption Date.
	 
	 	h)	 	All notices to be provided
pursuant to this Section 5 by the Company to any holder of the
Series B Cumulative Preferred Stock shall be sent by the Company
via registered mail service to the holders of record. All
notices to be provided pursuant to this Section 5 by any holder
of the Series B Cumulative Preferred Stock to the Company shall
be sent by such holder to the Company via registered mail
service. Absent evidence of prior actual receipt, all notices
to be provided pursuant to this Section 5 by the Company to any
holder of Series B Cumulative Preferred Stock or by any such
holder to the Company shall be deemed to be “provided” on the
next calendar day after being registered in the possession of a
registered mail service.

	 	(ii)	 	With respect to the redemption of any share of
the Series B Cumulative Preferred Stock, the “Redemption Date” shall be
determined as follows:

	 	a)	 	With respect to a redemption
pursuant to Section 5(a)(i), the date of the closing of a
Qualified Public Offering.
	 
	 	b)	 	With respect to a redemption
pursuant to Section 5(a)(ii), the later of March 10, 2013 or the
first date after March 10, 2013 upon which no Redemption
Restriction exists; provided that if prior to such date an
initial public offering of the Company’s Common Stock which is
not a Qualified Public Offering (a “Non Qualified IPO”) shall
have been consummated and such Redemption Date would fall on a
date not later than the twenty fifth trading day after such Non
Qualified IPO, such Redemption Date shall be delayed until the
twenty fifth trading day after the closing of such Non Qualified
IPO.
	 
	 	c)	 	With respect to a redemption
pursuant to Section 5(b)(i), the date specified as the
Redemption Date in the notice mailed by the Company pursuant to
Section 5(d)(i)(c); provided that if prior to such date a Non
Qualified IPO

12

 

	 	 	 	shall have been consummated and such Redemption Date would
fall on a date not later than the twenty fifth trading day
after such Non Qualified IPO, such Redemption Date shall be
delayed until the twenty fifth trading day after the closing
of such Non Qualified IPO.
	 
	 	d)	 	With respect to a redemption
pursuant to Section 5(b)(ii), the date that is the later of (i)
the date of the consummation of the transaction or transactions
constituting the Change of Control and (ii) the thirtieth (30th)
day after the date the Company provides written notice of the
potential Change of Control pursuant to Section 5(d)(i)(d).
	 
	 	e)	 	With respect to a redemption
pursuant to Section 5(c)(1), the date set forth in the written
notice provided by the holder pursuant to Section 5(d)(i)(e);
provided that such date may not be any earlier than the
ninetieth (90th) calendar day after the date the holder provides
such written notice to the Company, and further provided that if
prior to such date a Non Qualified IPO shall have been
consummated and such Redemption Date would fall on a date not
later than the twenty fifth trading day after such Non Qualified
WO, such Redemption Date shall be delayed until the twenty fifth
trading day after the closing of such Non Qualified IPO.
	 
	 	f)	 	With respect to a redemption
pursuant to Section 5(c)(ii), the date that is the later of (i)
the date of the consummation of the transaction or transactions
constituting the Change of Control and (ii) the thirtieth (30th)
day after the date the Company provides written notice of the
potential Change of Control pursuant to Section 5(d)(i)(f).
	 
	 	g)	 	With respect to a redemption
pursuant to Section 5(c)(iii), the date set forth in the written
notice provided by the holders pursuant to Section 5(d)(i)(g)
(which date shall be at least ten (10) business days after the
final determination of the valuation of Common Stock issued in
connection with such redemption, as determined pursuant to
Section 5(f)(v)); provided that such date may not be any earlier
than the ninetieth (90th) calendar day after the date the
holders provide such written notice to the Company.

	 	(iii)	 	The “Redemption Price” per share of Series B
Cumulative Preferred Stock shall be equal to $40, subject to adjustment
as set forth below. Such Redemption Price shall be paid to the holder
of record as of the close of business the business day prior to the

13

 

	 	 	 	Redemption Date of the share of Series B Cumulative Preferred Stock
that is to be redeemed. If the funds of the Company legally
available for redemption of shares of Series B Cumulative Preferred
Stock on any Redemption Date are insufficient to pay the Redemption
Price of the total number of shares to be redeemed on such date,
those funds which are legally available shall be used to first pay
the Redemption Price applicable to the maximum possible number of
shares of Series B Cumulative Preferred Stock redeemable on such
Redemption Date ratably among the holders of the then outstanding
shares of Series B Cumulative Preferred Stock to be redeemed. At any
time thereafter when additional funds of the Company are legally
available for the redemption of shares of Series B Cumulative
Preferred Stock, such funds shall immediately be used to pay the
Redemption Price of the balance of the shares which the Company has
become obligated to redeem on any Redemption Date but which it has
not redeemed.
	 
	 	 	 	Each share of Series B Cumulative Preferred Stock shall be issued in
conjunction with the sale of an associated warrant to purchase the
Company’s Common Stock (a “Warrant,” and together with the associated
share of Series B Cumulative Preferred Stock, a “Unit”) with an
exercise price equal to the Redemption Price. For Canadian tax
purposes the total purchase price paid by the initial purchasers for
each Unit must be allocated between the share of Series B Cumulative
Preferred Stock and the associated Warrant on a reasonable basis.
The Redemption Price is equal to the amount of the initial purchase
price for each Unit allocated to each share of Series B Cumulative
Preferred Stock included in such Unit based on a financial value
allocation calculation for allocating value among the share of Series
B Cumulative Preferred Stock and its associated Warrant (the
“Allocation”). If a Canadian federal tax authority having
jurisdiction in the matter should at any time issue or propose to
issue an assessment or reassessment which imposes or would impose
liability for Canadian tax on the basis that the Allocation is
unreasonable and if the Company agrees with such assessment or
reassessment, or a Court or tribunal having jurisdiction in the
matter agrees with such assessment or reassessment and all appeal
rights have been exhausted or if all times for appeals have expired
without appeals having been taken, then the Allocation shall be
adjusted retroactively to reflect an appropriate re-allocation and
the Redemption Price of the Series B Cumulative Preferred Stock shall
be adjusted retroactively to the date of issuance of the shares of
Series B Cumulative Preferred Stock, to equal the amount of the
initial purchase price for the Unit allocated under such
re-allocation to each share of Series B Cumulative Preferred Stock.
In these circumstances, the exercise price of each associated Warrant
will also be retroactively adjusted

14

 

	 	 	 	to equal the Redemption Price as adjusted hereunder pursuant to the
terms of the Warrant.
	 
	 	(iv)	 	On any Redemption Date, all accrued and unpaid
Regular Dividends and any declared and unpaid Additional Dividends on
such shares as are to be redeemed on such Redemption Date shall, with
respect to the Regular Dividends, be declared, and with respect to both
the Regular Dividends and the Additional Dividends, be paid as
dividends immediately prior to redemption. If on such Redemption Date
there is no then effective Debt Restriction, the Company shall pay all
such accrued and unpaid Regular Dividends and any unpaid Additional
Dividends to the holder of record as of the close of business on the
business day prior to such Redemption Date in full and in cash. If on
such Redemption Date a Debt Restriction exists, the Company shall pay
to such holder all accrued and unpaid Regular Dividends and Additional
Dividends, to the extent permitted by the Debt Restriction, in cash,
and shall pay the remaining accrued but unpaid Regular Dividends and
any unpaid Additional Dividends in shares of Common Stock (which shall
be valued pursuant to Section 5(f) below). Notwithstanding the
foregoing or any other provision of this Certificate of Designation,
the declaration and payment of all dividends in cash or in shares of
Common Stock shall be subject to the provisions of Delaware General
Corporation Law governing dividends in respect of capital stock.
	 
	 	(v)	 	On any Redemption Date, the Company shall pay
the Redemption Price for each share of Series B Cumulative Preferred
Stock being redeemed and immediately after the Redemption Price is paid
in full and all Regular Dividends and Additional Dividends have been
paid in full pursuant to Section 5(d)(iv) all rights of the holder of
each such share shall cease, and each such share shall no longer be
outstanding. Any shares of Series B Cumulative Preferred Stock which
are redeemed or otherwise acquired by the Company shall be canceled and
shall not be reissued, sold or transferred.
	 
	 	(vi)	 	In the event fewer than all of the shares of
Series B Cumulative Preferred Stock represented by an issued share
certificate are redeemed upon a Redemption Date, and assuming proper
delivery of such share certificate to the Company, the Company shall in
a reasonably prompt manner issue a new certificate: to such holder
evidencing the remaining number of shares of Series B Cumulative
Preferred Stock that were not redeemed on such Redemption Date.

	 	(e)	 	Certain Definitions.

15

 

	 	(i)	 	An “Affiliate” means any Person which, directly
or indirectly, controls, is controlled by or is under common control
with another Person; and, for the purposes of this definition,
“control” (including, with correlative meanings, the terms “controlled
by” or “under common control with”) means the power to direct or cause
the direction of the management and policies of any Person, whether
through the ownership of shares or other economic interests, the
holding of voting rights or contractual rights or otherwise.
	 
	 	(ii)	 	A “Qualified Public Offering” shall mean the
consummation of a public offering of the Company’s Common Stock with
gross proceeds of at least $100 million in the aggregate.
	 
	 	(iii)	 	A “Change of Control” shall mean any sale of
the Company or a transaction or series of related transactions
(including but not limited to a merger or reorganization) which results
in holders of the Company’s capital stock outstanding immediately prior
to such transaction or series of related transactions owning less than
50% of the securities of the surviving entity having the power to elect
directors in the ordinary course of business, or a sale of all or
substantially all the assets of the Company.

(f)      Any share of Common Stock issuable in payment of Regular Dividends or Additional
Dividends on a share of Series B Cumulative Preferred Stock pursuant to Section 5(d)(iv) or
upon exercise of a Wanting associated with any share of Series B Cumulative Preferred Stock
shall be valued as follows:

	 	(i)	 	If issued in connection with a redemption
pursuant to Section 5(a)(i), at the gross price per share of Common
Stock of the Company sold in such Qualified Public Offering (without
deduction for underwriting or other discounts or expenses).
	 
	 	(ii)	 	If issued in connection with a redemption
pursuant to Section 5(b)(ii) or Section 5(c)(ii), at the price per
share of Common Stock of the Company that is stated or implicit (as
determined in good faith by a majority of the Board of Directors of the
Company) in the transaction or transactions resulting in such Change of
Contra
	 
	 	(iii)	 	If issued in connection with a redemption
pursuant to Section 5(a)(ii), Section 5(b)(i) or Section 5(c)(i) and if
the Redemption Date of such redemption is after a Non Qualified IPO, at
the price equal to the average closing price of the shares of the
Common Stock during the period of twenty trading days ending five days
prior to the Redemption Date of such redemption; provided, that with
respect to a redemption pursuant to Section 5(a)(ii), the Company shall
obtain and deliver to each holder of shares of

16

 

	 	 	 	Series B Cumulative Preferred Stock within 90 days prior to the
Redemption Date a fair market valuation of the shares of the
Company’s Common Stock then outstanding from a non-Affiliate third
party investment bank (a “Common Stock Valuation”). The
non-Affiliate third party investment bank shall be chosen by the
Company but shall be subject to the approval of holders of a majority
of the then outstanding shares of Series B Cumulative Preferred
Stock, such approval not to be unreasonably withheld. Each holder of
shares of Series B Cumulative Preferred Stock shall have the choice
of whether to direct the Company to use the Common Stock Valuation or
the valuation determined according to the mechanics before the
proviso above in valuing the Common Stock issuable as dividends in
respect of that holder’s shares of Series B Cumulative Preferred
Stock and issuable upon exercise of the associated Warrants for the
purposes set forth above.
	 
	 	(iv)	 	If issued in connection with a redemption
pursuant to Section 5(a)(ii), Section 5(b)(i) or Section 5(c)(i) and if
the Redemption Date of such redemption is prior to the completion of a
Non Qualified IPO, at the price established in the last private
placement of shares of Common Stock completed by the Company prior to
the date of such redemption and exercise, so long as such private
placement generated aggregate gross proceeds of $5,000,000 or more from
one or more purchasers that were not Affiliates (as defined in Section
5(c)(i)) of the Company immediately prior to such private placement;
provided, that with respect to a redemption pursuant to Section
5(a)(ii), the Company shall obtain and deliver to each holder of shares
of Series B Cumulative Preferred Stock within 90 days prior to the
Redemption Date a Common Stock Valuation. The non-Affiliate third
party investment bank shall be chosen by the Company but shall be
subject to the approval by holders of a majority of the then
outstanding shares of Series B Cumulative Preferred Stock, such
approval not to be unreasonably withheld. Each holder of shares of
Series B Cumulative Preferred Stock shall have the choice of whether to
direct the Company to use the Common Stock Valuation or the valuation
determined according to the-mechanics before the proviso above in
valuing the Common Stock issuable as dividends in respect of that
holder’s shares of Series B Cumulative Preferred Stock and issuable
upon exercise of the associated Warrants for the purposes set forth
above.
	 
	 	(v)	 	If issued in connection with a redemption
pursuant to Section 5(c)(iii), at the fair market value per share of
Common Stock of the Company as of the Redemption Date, as determined by
an Independent Appraiser selected by a special committee of the Board
of Directors (“Special Committee”) consisting of two

17

 

	 	 	 	directors appointed by the Required Backstop Parties (as defined in
Appendix A hereto) and two directors appointed by the
Majority Preferred Holders (as defined in Appendix A hereto).
The determination of such Independent Appraiser shall be final for
all purposes of such redemption pursuant to Section 5(c)(iii);
provided, however, that if the Special Committee is unable to agree
on an Independent Appraiser within 30 days, the fair market value per
share of Common Stock of the Company as of the Redemption Date shall
be the average of the fair market value, as determined by (i) an
Independent Appraiser selected by the Special Committee directors
appointed by the Backstop Parties Group (as defined in Appendix
A hereto) on the one hand (the “Backstop Appraiser”) and (ii) an
Independent Appraiser selected by the Special Committee directors
appointed by the Majority Preferred Holders on the other hand (the
“Preferred Appraiser”), unless the appraisals conducted by the
Backstop Appraiser and the Preferred Appraiser differ by more than
15%, in which case, the fair market value shall be determined by a
third Independent Appraiser selected by agreement of Backstop
Appraiser and the Preferred Appraiser. The expenses of the foregoing
Independent Appraisers shall be paid by the Company. “Independent
Appraiser” means a nationally recognized investment banking firm or
other nationally recognized firm that is regularly engaged in the
business of appraising Equity Interests (as defined in Appendix
A hereto) or assets of entities as going concern; and which is
not affiliated with the Company, any of its subsidiaries, or any
Related Party.

(g)      Prohibition on Redemptions; Partial Redemptions. Notwithstanding anything
to the contrary in this Certificate of Designation or the Series A Certificate of
Designation, if, and only if, following the redemption of all shares of Series A Cumulative
Preferred Stock and Series B Cumulative Preferred stock (A) the number of shares of the
Company’s authorized but unissued Common Stock which have not been reserved for issuance
upon exercise of the Sub Debt Warrants and 2007 TRC Lender Warrants (as defined in
Appendix A hereto) and that are otherwise available to be issued upon exercise of
(I) all of the Warrants (as defined above) and (II) all, of the warrants (the “Series A
Warrants”) to purchase the Company’s Common Stock issued in conjunction with the sale of the
Company’s Series A Cumulative Preferred Stock (such number of shares of the Company’s Common
Stock, the “Available Shares”), would be less than (B) the sum of (I) the number of shares
of the Company’s Common Stock issuable upon exercise in full of the Warrants (such number of
shares of the Company’s Common Stock, the “Total Series B Shares”) and (II) the number of
shares of the Company’s Common Stock issuable upon exercise in full of the Series A Warrants
(such number of shares of the Company’s Common Stock, the “Total Series A Shares” and,
together with the Total Series B Shares, the “Total Necessary Shares”) (such shortfall, a
“Common Stock Shortfall”), then:

18

 

	 	(i)	 	the Company shall provide written notice of
such Common Stock Shortfall to each holder of Series A Cumulative
Preferred Stock and each holder of Series B Cumulative Preferred Stock,
which notice shall set forth a calculation of (x) the number of Total
Series A Shares, (y) the number of Total Series B Shares, and (z) the
number of Available Shares; and
	 
	 	(ii)	 	none of the outstanding shares of Series A
Cumulative Preferred Stock or Series B Cumulative Preferred Stock shall
be redeemed during the continuance of a Common Stock Shortfall;
provided, however, that if holders of a majority of the then
outstanding shares of Series A Cumulative Preferred Stock and Series B
Cumulative Preferred Stock, voting together as a single class, consent
in writing to a partial redemption, then the Company shall effect a
partial redemption of the outstanding shares of Series A Cumulative
Preferred Stock and Series B Cumulative Preferred Stock in accordance
with the applicable provisions of this Section 5, Section 5 of the
Series A Certificate of Designation and the following:

	 	(A)	 	the aggregate number of shares of
Series A Cumulative Preferred Stock that shall be redeemed
pursuant to this proviso shall be calculated as follows: (1)
first, the “Series A Portion” shall equal (x) a fraction, the
numerator of which is the Total Series A Shares and the
denominator of which is the Total Necessary Shares
multiplied by (y) the number of Available Shares; and
(2) second, the number of shares of Series A Cumulative
Preferred Stock to be redeemed shall equal the number of shares
of Series A Cumulative Preferred Stock which, if redeemed and
the associated Warrants were exercised in full (taking account
of all shares of the Company’s Common Stock issuable pursuant to
Section 5(d)(iv)), would result in the issuance of a number of
shares of the Company’s Common Stock equal to the Series A
Portion;
	 
	 	(B)	 	the aggregate number of shares of
Series B Cumulative Preferred Stock that shall be redeemed
pursuant to this proviso shall be calculated as follows: (1)
first, the “Series B Portion” shall equal (x) a fraction, the
numerator of which is the Total Series B Shares and the
denominator of which is the Total Necessary Shares
multiplied by (y) the number of Available Shares; and
(2) second, the number of shares of Series B Cumulative
Preferred Stock to be redeemed shall equal the number of shares
of Series B Cumulative Preferred Stock which, if redeemed and
the associated Series B Warrants were exercised in full (taking

19

 

	 	 	 	account of all shares of the Company’s Common Stock issuable
pursuant to Section 5(d)(iv) of the Series B Certificate of
Designation), would result in the issuance of a number of
shares of the Company’s Common Stock equal to the Series B
Portion;
	 
	 	(C)	 	redemptions of Series A
Cumulative Preferred Stock shall be made on a pro rata basis
among all holders thereof in proportion to the number of shares
of Series A Cumulative Preferred Stock held by each such holder;
and
	 
	 	(D)	 	redemptions of Series B
Cumulative Preferred Stock shall be made on a pro rata basis
among all holders thereof in proportion to the number-of shares
of Series B Cumulative Preferred Stock held by each such holder.

20

 

Appendix A 

     “2006 TRC Credit Agreement” means that certain Credit Agreement, dated as of November
24, 2006, by and among the Company, the subsidiary guarantors named therein, the lenders party
thereto and Credit Suisse, Toronto Branch as Agent, as amended by that certain Amendment and Waiver
No. 1 on the date hereof (as may be further amended, modified, supplemented, restated, refinanced,
restructured or replaced, including a replacement with a new agent and new lenders, from time to
time).

     “2006 TRC Facility” means the senior credit facility incurred by the Company pursuant
to the 2006 TRC Credit Agreement or any refinancing or replacement thereof established from time to
time.

     “2007 TRC Lender Warrants” means the warrants issued in connection with Amendment and
Waiver No. 1 to the 2006 TRC Credit Agreement

     “Amended and Restated Subordination Agreement (Intercompany)” means that certain
Amended and Restated Subordination Agreement dated as of the date hereof among Credit Suisse,
Toronto Branch, as agent under the Second Lien Credit Agreement, Credit Suisse, Toronto Branch as
agent under the 2006 TRC Credit Agreement, Wells Fargo Bank, N.A., as agent under the TRC
Subordinated Loan Agreement, the Company and TEC, as amended, modified or replaced.

     “Attributable Debt” means, in respect of any lease (whether characterized as an
operating lease under GAAP or not) entered into by a Person or a Subsidiary thereof as lessee, the
present value (discounted at the rate of interest implicit in such transaction, determined in
accordance with GAAP) of the lease payments of the lessee, including all rent and payments to be
made by the lessee in connection with the return of the leased property, during the remaining term
of the lease (including any period for which such lease has been extended or may, at the option of
the lessor, be extended) but excluding for certainty, (a) amounts required to be paid on account of
insurance, taxes, assessments, utility, operating and labor costs and similar charges and (b)
amounts payable by the lessee in connection with the exercise of any end-of-term purchase option,
early buyout option, voluntary termination option or any similar amounts payable at the election of
the lessee.

     “Backstop Parties Group” has the meaning set forth in the Stockholders Agreement.

     “Commodity Agreement” means any agreement for the making or taking of delivery of any
commodity (including, without limitation, Petroleum Substances), any commodity swap agreement,
floor, cap or collar agreement or commodity future or option or other similar agreements or
arrangements, or any combination thereof, entered into by the Company or a Subsidiary where the
subject matter of the same is any commodity or the price, value or amount payable thereunder is
dependent or based upon the price of any commodity or fluctuations in the price of any commodity,
but shall not include any agreement for the physical sale of Petroleum Substances by the Company or
a Subsidiary entered into in the ordinary course of business unless either (i) such agreement is
with a bank, investment bank, securities dealer, insurance company, trust company, pension fund,
institutional investor or any other financial institution or

1

 

any affiliate of any of the foregoing, or (ii) such agreement is entered into for hedging
purposes or otherwise for the purpose of eliminating or reducing the financial risk or exposure of
the Company or a Subsidiary to fluctuations in the prices of Petroleum Substances (and, for
certainty, any such agreement referred to in (i) or (ii) of this definition shall constitute a
“Commodity Agreement” for all purposes hereof).

     “Consolidated” refers to the consolidation of accounts in accordance with GAAP.

     “Currency Hedging Agreement” means any currency swap agreement, cross currency
agreement, forward agreement, floor, cap or collar agreement, futures or options, insurance or
other similar agreement or arrangement, or any combination thereof; entered into by the Company or
a Subsidiary where the subject matter of the same is currency exchange rates or the price, value or
amount payable thereunder is dependent or based upon the currency exchange rates or fluctuations in
currency exchange sates as in effect from time to time.

     “Debt” means, with respect to the Company, all obligations, liabilities and
indebtedness of the Company and its Subsidiaries which would, in accordance with generally accepted
accounting principles, be classified upon a consolidated balance sheet of the Company as
liabilities of the Company and its Subsidiaries and, whether or not so classified, shall include
(without duplication):

     (a) indebtedness of the Company and its Subsidiaries for borrowed money;

     (b) obligations of the Company and its Subsidiaries arising pursuant or in relation to:
(i) bankers’ acceptances (including payment and reimbursement obligations in respect
thereof), or (ii) letters of credit and letters or guarantee supporting obligations which
would otherwise constitute Debt within the meaning of this definition or indemnities issued
in connection therewith;

     (c) obligations of the Company and its Subsidiaries with respect to drawings under all
other letters of credit and letters of guarantee;

     (d) obligations of the Company and its Subsidiaries under guarantees, indemnities,
assurances, legally binding comfort letters or other contingent obligations relating to the
indebtedness or other obligations of any other Person which would otherwise constitute Debt
within the meaning of this definition and all Financial Assistance including endorsements of
bills of exchange (other than for collection or deposit in the ordinary course of business);

     (e) (i) all indebtedness of the Company and its Subsidiaries representing the deferred
purchase price of any property to the extent that such indebtedness is or remains unpaid
after the expiry of the customary time period for payment, provided, however, that such time
period shall in no event exceed 90 days, and (ii) all obligations of the Company and its
Subsidiaries created or arising under any: (A) conditional sales agreement or other title
retention agreement or (B) capital lease;

2

 

     (f) all Attributable Debt of the Company and its Subsidiaries other than in respect of
(i) leases of office space or (ii) operating leases, in each case entered into in the
ordinary course of business;

     (g) Prepaid Obligations of the Company and its Subsidiaries;

     (h) all other long-term obligations (including the current portion thereof) upon which
interest charges are customarily paid prior to default by the Company;

     (i) all indebtedness of other Persons secured by a security interest on any asset of
the Company and its Subsidiaries, whether or not such indebtedness is assumed thereby;
provided that the amount of such indebtedness shall be the lesser of (i) the fair
market value of such asset at such-date of determination, and (ii) the amount of such
indebtedness, and such indebtedness shall only be Debt to the extent recorded as a liability
in accordance with GAAP; and

     (j) Financial Instrument Obligations;

but shall exclude each of the following, determined (as required) in accordance with GAAP:

     (a) accounts payable to trade creditors and accrued liabilities incurred in the
ordinary course of business;

     (b) taxes payable and future taxes;.

     (c) dividends or other equity distributions payable;

     (d) accrued interest not yet due and payable;

     (e) liabilities in respect of deferred reclamation costs, allowances for dismantlement
and site restoration and other deferred credits and liabilities;

     (f) TRC Subordinated Loans;

     (g) preferred equity in the capital of the Company, whether existing as of the date
hereof or thereafter issued (including accrued but unpaid dividends or other forms of
return) which in accordance with GAAP would be classified as debt; and

     (h) obligations that arise in connection with employee incentive programs in an
aggregate amount not to exceed $5,000,000 at any one time.

     “Equity Interests” means, with respect to any Person, shares of capital stock of (or
other ownership or profit interests in) such Person, warrants, options or other rights for the
purchase or other acquisition from such Person of shares of capital stock of (or other ownership or
profit interests in) such Person, securities convertible into or exchangeable for shares of capital
stock of (or other ownership or profit interests in) such Person or warrants, rights or options for
the purchase or other acquisition from such Person of such shares (or such other interests), and
other

3

 

ownership or profit interests in such Person (including, without limitation, partnership, member or
trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants,
options, rights or other interests are authorized or otherwise existing on any date of
determination.

     “Financial Assistance” means, with respect to any Person and without duplication, any
loan, guarantee, indemnity, assurance, acceptance, extension of credit, loan purchase, share
purchase, equity or capital contribution, investment or other form of direct or indirect financial
assistance or support of any other Person or any obligation (contingent or otherwise) intended to
enable another Person to incur or pay any Debt or to comply with agreements relating thereto or
otherwise to assure or protect creditors of the other Person against loss in respect of Debt of the
other Person and includes any guarantee of or indemnity in respect of the Debt of the other Person
and any absolute or contingent obligation to (directly or indirectly):

     (a) advance or supply funds for the payment or purchase of any Debt of any other
Person;

     (b) guarantee, indemnify, hold harmless or otherwise become liable to any creditor of
any other Person from or against any losses, liabilities or damages in respect of Debt; and

     (c) make an advance, loan or other extension of credit to or to make any subscription
for equity, equity or capital contribution, or investment in for the purpose of maintaining
the capital, working capital, solvency or general financial condition of another Person.

     The amount of any Financial Assistance is the amount of any loan or direct or indirect
financial assistance or support, without duplication, given, or all Debt of the obligor to
which the Financial Assistance relates, unless the Financial Assistance is limited to a
determinable amount; in which case the amount of the Financial Assistance is the
determinable amount

     “Financial Instrument” means any Interest Hedging Agreement, Currency Hedging
Agreement or Commodity Agreement.

     “Financial Instrument Obligation” means any obligations arising under Financial
Instruments entered into by the Company or a Subsidiary, to the extent of the net amount due or
accruing, due by the Company or Subsidiary thereunder (determined by marking to market the same in
accordance with their terms).

     “First Lien Cap Amount” means (i) the greater of US$40,000,000 and C$50,000,000 or
(ii) if the 2006 TRC Credit Agreement is then in effect, such lesser amount as shall equal the
“First Lien Cap Amount” as defined in the 2006 TRC Credit Agreement

     “First Lien Credit Agreement” means that certain Credit Agreement dated as of July 8,
2004 with The Toronto-Dominion Bank as agent of the lenders, the lenders party thereto and TD
Securities (USA) LLC as lead arranger and book manager, as amended and restated by that Credit
Agreement dated as of December 16, 2005, as amended by the Amending Agreement

4

 

dated as of April 13, 2006, as amended by the Second Amending Agreement dated as of April 26, 2006,
as amended by the Third Amending Agreement dated as of October 17, 2006, as amended by the Fourth
Amending Agreement dated as of November 9, 2006, as amended by the Fifth Amending Agreement dated
as of November 23, 2006, as amended by the Sixth Amending Agreement dated as of April 25, 2007, and
as amended by the First Lien Amendment dated as of the date hereof (as may be further amended,
modified, supplemented, restated, refinanced, restructured or replaced, including a replacement
with a new agent and new lenders, from time to time).

     “First Lien Facility” means the senior secured first lien revolving credit facility
incurred by TEC pursuant to the First Lien Credit Agreement or any refinancing or replacement
thereof established from time to time in accordance with the provisions of the Intercreditor
Agreement, including a “Refinancing”, as defined in the Intercreditor Agreement.

     “GAAP” means generally accepted accounting principles.

     “Intercreditor Agreement” means the Intercreditor Agreement dated as of April 26, 2005
by and between the agent under the First Lien Credit Agreement, the agent under the Second Lien
Credit Agreement and the Company, as amended by First Amendment dated as of December 16, 2005,
Second Amendment dated as of April 25, 2006, Third Amendment dated as of October 12, 2006, and
Fourth Amendment dated as of the date hereof; and as further amended, amended and restated,
supplemented or otherwise modified from time to time in accordance with its terms.

     “Interest Hedging Agreement” means any interest swap agreement, forward rate
agreement, floor, cap or collar agreement, futures or options, insurance or other similar agreement
or arrangement, or any combination thereof, entered into by the Company or a Subsidiary where the,
subject matter of the same is interest rates or the price, value or amount payable thereunder is
dependent or based upon the interest rates or fluctuations in interest rates in effect from time to
time (but, for certainty, shall exclude conventional floating rate debt).

     “Majority Preferred Holders” has the meaning set forth in the Stockholders Agreement.

     “Material Subsidiary” means any Subsidiary of the Company which:

     (a) has Consolidated assets equal to or greater than 5.0% of the consolidated assets of
the Company;

     (b) has consolidated net income equal to or greater than 5.0% of the net income of the
Company determined on a consolidated basis;

     (c) owns or holds, directly or indirectly (whether through the ownership of or
investments in other Subsidiaries or otherwise) any ownership interest in any proved
reserves of Petroleum Substances which are included for purposes of the determination of the
Borrowing Base (as defined in the First Lien Credit Agreement in effect as the date hereof);
or

5

 

     (d) is designated as a Designated Material Subsidiary, as such term is defined under
Section 6.01 of the TRC Subordinated Credit Agreement.

     “P&NG Rights” means all of the right, title, estate and interest, whether contingent
or absolute, legal or beneficial, present or future, vested or not, and whether or not an “interest
in land”, of the Company and its Subsidiaries in and to any of the following, by whatever name the
same are known:

     (a) rights to explore for, drill for and produce, take, save or market Petroleum
Substances;

     (b) rights to a share of the production of Petroleum Substances;

     (c) rights to a share of the proceeds of, or to receive payments calculated by
reference to the quantity or value of, the production of Petroleum Substances;

     (d) rights to acquire any of the rights described in subparagraphs (a) through (c) of
this definition;

     (e) interests in any rights described in subparagraphs (a) through (d) of this
definition; and

     (f) an extensions, renewals, replacements or amendments of or to the foregoing items
described in subparagraphs (a) through (e) of this definition;

and including, without limitation, interests and rights known as working interests, royalty
interests, overriding royalty interests, gross overriding royalty interests, production payments,
profits interests, net profits interests, revenue interests, net revenue interests, economic
interests and other interests and fractional or undivided interests in any of, the foregoing and
freehold, leasehold or other interests.

     “Permitted Debt” means:

     (a) obligations relating to the TRC Subordinated Credit Facility, the associated
aggregate principal amount of which shall not exceed C $120,000,000, plus the amount of
interest paid in kind on such obligations less any principal amount thereof prepaid with net
cash proceeds from any sale, transfer or other disposition of assets;

     (b) obligations relating to the 2006 TRC Credit Facility, the associated aggregate
principal amount of which shall not exceed the sum of $270,000,000 plus the amount of
interest paid in kind on such obligations, less any principal amount thereof prepaid;

     (c) obligations relating to the First Lien Facility, the associated aggregate principal
amount of which shall not exceed the First Lien Cap Amount; provided that any obligations
under the First Lien Facility in excess of C $10,000,000 may only be incurred in connection
with and for the sole purpose of providing support for Permitted Hedging and shall require
the approval of the Preferred Directors;

6

 

     (d) obligations relating to the Second Lien Facility, the associated aggregate
principal amount of which shall not exceed the Second Lien Cap Amount, less any principal
amount thereof prepaid with net cash proceeds from any sale, transfer or other disposition
of assets;

     (e) TRC Subordinated Loans, provided that such Debt remains subordinated to the
obligations pursuant to the Amended and Restated Subordination Agreement (Intercompany) and
remains subject to the Amended and Restated Subordination Agreement (Intercompany);

     (f) Financial Instrument Obligations under and pursuant to Permitted Hedging;

     (g) any Debt or obligations associated therewith owing by a Subsidiary to another
Subsidiary or to the Company, by a Subsidiary to a Material Subsidiary which is a
Wholly-Owned Subsidiary and by the Company or TEC to a Material Subsidiary which is a
Wholly-Owned Subsidiary;

     (h) Attributable Debt of the Company or any Subsidiary arising in connection with
capital leases, provided that the aggregate outstanding principal amount of such
Attributable Debt shall not exceed C$10,000,000 at any one time; and (ii) Attributable
Debt of the Company or any Subsidiary arising in connection with operating leases entered
into in the ordinary course of business;

     (i) Purchase Money Obligations of the Company or any Subsidiary, provided that the
aggregate outstanding principal amount of such Purchase Money Obligations of the Company or
any Subsidiary shall not exceed C$5,000,000 at any one time;

     (j) Debt incurred by the Company or any Subsidiary arising from agreements providing
for indemnification, adjustment of purchase price or similar obligations, or from guaranties
or letters of credit, surety bonds or performance bonds securing the performance of the
Company or a Subsidiary pursuant to such agreements, in connection with acquisitions,
investments or dispositions permitted hereunder;

     (k) Debt consisting of Financial Assistance, which underlying debt is permitted under
the definition of Permitted Debt; and

     (1) Debt of the Company and its Subsidiaries which is not otherwise Permitted Debt;
provided that the principal amount of such Debt does not, in the aggregate at any time,
exceed C$10,000,000.

     “Permitted Dispositions” means:

     (a) sales, leases, transfers and other dispositions of assets (including, without
limitation, any volume metric production payment, farm out or sale lease back) where the
aggregate net proceeds received by the Company and its Subsidiaries do not exceed, in the
aggregate, C$100,000,000 in any consecutive eighteen (18) month period;

7

 

     (b) a sale or disposition of P&NG Rights (and related tangibles) resulting from any
pooling or unitization entered into in the ordinary course of business and in accordance
with sound industry practice when, in the reasonable judgment of the Company, it is
necessary to do so in order to facilitate the orderly exploration, development or operation
of such P&NG Rights;

     (c) a sale or disposition by the Company or any of its Subsidiaries in the ordinary
course of business and in accordance with sound industry practice of tangible Personal
property that is obsolete, no longer useful for its intended purpose or being replaced in
the ordinary course of business;

     (d) a sale or disposition of assets (including shares or ownership interests) by a
Subsidiary to the Company or any other Material Subsidiary which is a Wholly-Owned
Subsidiary and by the Company to a Material Subsidiary which is a Wholly-Owned Subsidiary;

     (e) any transfers of assets upon a dissolution of a Subsidiary into the Company or a
Wholly-Owned Subsidiary of the Company; and

     (f) any sale or disposition of Petroleum Substances in the ordinary course of business.

     “Permitted Hedging” means Financial Instruments which are entered into in the ordinary
course of business and for hedging purposes and not for speculative purposes (determined, where
relevant, by reference to GAAP); provided that at all times: (a) no such contract requires the
Company or its Subsidiaries to put up money, assets or other security (excluding unsecured letters
of credit and, to the extent expressly permitted under the Second Lien Credit Agreement, Collateral
(as defined in the Second Lien Credit Agreement) under the Collateral Documents (as defined in the
Second Lien Credit Agreement) or collateral under the First Lien Credit Agreement) against the
event of its nonperformance prior to actual default by the Company or its Subsidiaries in
performing its obligations thereunder and (b) each such contract is with a counterparty or has a
guarantor of the obligation of the counterparty who at the time the contract is made is rated at
least A- by Standard and Poor’s Rating Group or A3 by Moody’s Investor Services, Inc.

     “Person” means an individual, partnership, corporation (including a business trust),
limited liability company, joint stock company, trust, unincorporated association, joint venture or
other entity, or a government or any political subdivision or agency thereof

     “Petroleum Substances” means any one or more of crude oil, crude bitumen, synthetic
crude oil, petroleum, natural gas, natural gas liquids, related hydrocarbons and any and all other
substances, whether liquid, solid or gaseous, whether hydrocarbons or not, produced or producible
in association with any of the foregoing, including hydrogen sulphide and sulphur.

     “Preferred Directors” has the meaning set forth in the Stockholders Agreement.

     “Prepaid Obligations” means “take-or-pay”, forward sale, prepaid or similar
liabilities of a Person whereby such Person is obligated to settle, at some future date, an
obligation in respect

8

 

of Petroleum Substances, whether by deliveries (accelerated or otherwise) of Petroleum
Substances, the payment of money or otherwise however, including the transfer of any Petroleum
Substances, whether in place or when produced, for a period of time until, or of an amount such
that, the lender or purchaser will realize therefrom a specified amount of money (however
determined, including by reference to interest rates or other factors which may not be fixed) or a
specified amount of such products or any interest in property of the character commonly referred to
as a “production payment” and all such obligations for which such Person is liable without having
received and retained a payment therefor or having assumed such obligation.

     “Purchase Money Obligation” means any monetary obligation created or assumed as part
of the purchase price of real or tangible personal property, whether or not secured, any
extensions, renewals or refundings of any such obligation, provided that the principal amount of
such obligation outstanding on the date of such extension, renewal or refunding is not increased
and further provided that any security given in respect of such obligation shall not extend to any
property other than the property acquired in connection with which such obligation was created or
assumed and fixed improvements, if any, erected or constructed thereon and the proceeds thereof.

     “Related Party” means any Person which is any one or more of the following: (a) an
Affiliate of the Company or any Subsidiary thereof; (b) a shareholder or partner of the Company,
TEC or any Subsidiary which, together with all Affiliates of such Person, owns or controls,
directly or indirectly, more than 10% of the shares, capital or other ownership interests (however
designated) of any of the foregoing, or an Affiliate of any such shareholder or partner; (c) a
member of the Backstop Parties Group or an Affiliate of any such member; and (d) an officer or
director of the Company, TEC or any Subsidiary which, together with all Affiliates of such Person,
has the power to vote, directly or indirectly more than 10% of the Voting Interests of any of the
foregoing.

     “Required Backstop Parties” has the meaning set forth in the Stockholders Agreement.

     “Second Lien Cap Amount” means $500,000,000; provided, that if the Company delivers a
Second Lien Incremental Borrowing Notice (as such term is defined in the 2006 TRC Credit Agreement)
in accordance with the TRC Subordinated Loan Agreement, the Second Lien Cap Amount will increase
dollar for dollar up to $550,000,000 by the principal amount of incremental obligations incurred
under the Second Lien Facility during the Second Lien Special Interest Period (as such term is
defined in the TRC Subordinated Loan Agreement), plus the incremental principal amounts arising
from payment-in-kind of interest on each such incremental obligation under the Second Lien Facility
(including the incremental principal amounts arising out of such payment-in-kind) accrued during
the period of twelve months from the date each such incremental obligation under the Second Lien
Facility is incurred.

     “Second Lien Credit Agreement” mean that Amended and Restated Credit Agreement dated
as of April 25, 2006 among TEC, the guarantors party thereto, the lenders defined therein and
Credit Suisse, Toronto Branch as administrative agent and collateral agent, as amended by Amendment
No. 1 dated as of October 12, 2006, as further amended by Amendment No. 2 dated as of April 12,
2007 and as amended by Amendment No. 3 (as may be further amended,

9

 

modified, supplemented, restated, refinanced, restructured or replaced, including a
replacement with a new agent and new lenders, from time to time).

     “Second Lien Facility” means the senior secured second lien credit facility incurred
by TEC pursuant to the Second Lien Credit Agreement or any refinancing or replacement thereof
established from time to time, which for greater certainty will include any other facility created
under the Second Lien Credit Agreement to provide the Second Lien Additional Financial Support (as
such term is defined in the TRC Subordinated Loan Agreement) consistent with the definition of
Second Lien Cap Amount herein.

     “Series B Cumulative Preferred Stock” means the Series B Cumulative Preferred Stock of
the Company, par value $0.0001 per share.

     “Stockholders Agreement” means the Fourth Amended and Restated Stockholders Agreement,
effective as of August 17, 2007, by and among the Company, the stockholders of the Company, TEC,
the shareholders of TEC and the members of the Backstop Parties Group, as such agreement may be
amended or modified from time to time.

     “Sub Debt Warrants” means the warrants issued to the Backstop Parities Group in
connection with the TRC Subordinated Loan Agreement and the warrants issued the lenders party to
the 2006 TRC Credit Agreement in connection with Amendment and Waiver No. 1 thereto.

     “Subsidiary” means, with respect to any Person:

     (a) any corporation of which at least a majority of the outstanding shares having by
the terms thereof ordinary voting power to elect a majority of the board of directors of
such corporation (irrespective of whether at the time shares of any other class or classes
of such corporation might have voting power by reason of the happening of any contingency,
unless the contingency has occurred and then only for as long as it continues) is at the
time directly, indirectly or beneficially owned or controlled by such Person or one or more
of its Subsidiaries, or such Person and one or more of its Subsidiaries;

     (b) any partnership of which, at the time, such Person, or one or more of its
Subsidiaries, or such Person and one or more of its Subsidiaries: (i) directly, indirectly
or beneficially own or control more than 50% of the income, capital, beneficial or ownership
interests (however designated) thereof; and (ii) is a general partner, in the case of
limited partnerships, or is a partner or has authority to bind the partnership, in all other
cases, other than a partnership created solely to hold Equity Interests in the Company or
its Subsidiaries and that is not involved in the business of the Company or its
Subsidiaries; or

     (c) any other Person of which at least a majority of the income, capital, beneficial or
ownership interests (however designated) are at the time directly, indirectly or
beneficially owned or controlled by such Person, or one or more of its Subsidiaries, or such
Person and one or more of its Subsidiaries,

10

 

provided that, unless otherwise expressly provided or the context otherwise requires,
references herein to “Subsidiary” or “Subsidiaries” shall be and shall be deemed to be
references to Subsidiaries of the Company.

     “TEC” means Trident Exploration Corp., a Nova Scotia unlimited liability company.

     “TRC Subordinated Credit Facility” means the subordinated unsecured credit facility
incurred by the Company pursuant to the TRC Subordinated Loan Agreement or any refinancing or
replacement thereof established from time to time.

     “TRC Subordinated Lender” means the Company or any Subsidiary of the Company.

     “TRC Subordinated Loan Agreement” means that certain TRC Subordinated Loan Agreement
dated as of the date hereof among the. Company, the subsidiary guarantors named therein, the
Lenders party thereto and Wells Fargo Bank, N.A., as Administrative Agent for the Lenders party
thereto, as may be as amended, modified or replaced.

     “TRC Subordinated Loans” means one or more unsecured loans made by a TRC Subordinated
Lender to TEC that is subject at all times to the Amended and Restated Subordination Agreement
(Intercompany).

     “Voting Interests” means shares of capital stock issued by a corporation, or
equivalent Equity Interests in any other Person, the holders of which are ordinarily, in the
absence of contingencies, entitled to vote for the election of directors (or Persons performing
similar functions) of such Person, even if the right so to vote has been suspended by the happening
of such a contingency.

     “Wholly Owned Subsidiary” means a Subsidiary which is also:

     (a) a corporation, all of the issued and outstanding shares in the capital of which are
beneficially held by:

     (i) the Company;

     (ii) TEC;

     (iii)
the Company, TEC and one or more corporations, all of the issued and
outstanding shares in the capital of which are held by the Company or TEC; or

     (iv) two or more corporations, all of the issued and outstanding shares in the
capital of which are held by the Company or TEC;

     (b) a corporation which is a Wholly-Owned Subsidiary of a corporation that is a
Wholly-Owned Subsidiary of the Company or TEC;

     (c) a partnership, all of the partners of which are the Company, TEC and/or
Wholly-Owned Subsidiaries of the Company or TEC.

11

 

provided, that notwithstanding the foregoing TEC shall be deemed to be a Wholly-Owned
Subsidiary of the Company.

12EX-4.5

Exhibit 4.5

REGISTRATION RIGHTS AGREEMENT

          This registration rights agreement (this “Agreement”) is made and entered into as of
January 5, 2006, by and between Trident Resources Corp., a Delaware corporation (the
“Company”), and the undersigned Holders (as defined herein).

          1. Definitions. As used in this Agreement, the following terms shall have the
following meanings:

          “Affiliate” means, as to any specified Person, (i) any Person that directly, or
indirectly through one or more intermediaries, controls or is controlled by, or is under common
control with, the specified Person, (ii) any executive officer, director, trustee or general
partner of the specified Person and (iii) any legal entity for which the specified Person acts as
an executive officer, director, trustee or general partner. For purposes of this definition,
“control” (including the correlative meanings of the terms “controlled by” and “under common
control with”), as used with respect to any Person, means the possession, directly, or indirectly
through one or more intermediaries, of the power to direct or cause the direction of the management
and policies of such Person, whether by contract, through the ownership of voting securities,
partnership interests or other equity interests or otherwise.

          “Agreement” is defined in the introductory paragraph above.

          “Business Day” means each Monday, Tuesday, Wednesday, Thursday and Friday that is not
a day on which banking institutions in New York, New York are authorized or obligated by applicable
law, regulation or executive order to close.

          “Closing Date” means January 5, 2006.

          “Commission” means the Securities and Exchange Commission.

          “Common Stock” means shares of common stock, par value $0.001 per share, of the
Company.

          “Company” is defined in the introductory paragraph of this Agreement, and includes any
successor thereto.

          “Controlling Person” is defined in Section 5(a).

          “Effective Date” means the effective date of the registration statement the Company
files under the Securities Act of 1933, as amended, in respect of the initial public offering by
the Company of shares of its common stock.

          “End of Suspension Notice” is defined in Section 4(b).

          “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules
and regulations promulgated by the Commission pursuant thereto.

 

 

          “Existing Registration Rights Agreement” means the Third Amended and Restated
Registration Rights Agreement dated as of January ___, 2006 among the Company and the other
signatories thereto.

          “Holder” means each record owner of any Registrable Shares from time to time, party to
this Agreement.

          “Holder Representative” means TD Securities Inc. and Credit Suisse First Boston;

          “Indemnified Party” is defined in Section 5(c).

          “Indemnifying Party” is defined in Section 5(c).

          “Liabilities” is defined in Section 5(a).

          “Lock-Up Agreement” means the agreement contained in Section 2.12 of the Existing
Registration Rights Agreement.

          “Mandatory Shelf Registration Statement” is defined in Section 2(a).

          “NASD” means the National Association of Securities Dealers, Inc.

          “Offering” means the private placement offering by the Company of up to 2,380,000
shares of its common stock made pursuant to the offering memorandum, dated December 16, 2005.

          “Person” means an individual, limited liability company, partnership, corporation,
trust, unincorporated organization, government or agency or political subdivision thereof, or any
other legal entity.

          “Prospectus” means the prospectus included in the Mandatory Shelf Registration
Statement, including any preliminary prospectus, and all other amendments and supplements to any
such prospectus, including post-effective amendments, and all material incorporated by reference or
deemed to be incorporated by reference, if any, in such prospectus.

          “Purchaser Indemnitee” is defined in Section 5(a).

          “Registrable Shares” means Registrable Securities as defined in the Existing
Registration Rights Agreement, upon original issuance thereof, and at all times subsequent thereto,
including upon the transfer thereof by the original holder or any subsequent holder and any shares
or other securities issued in respect of such Registrable Shares by reason of or in connection with
any stock dividend, stock distribution, stock split, purchase in any rights offering or in
connection with any exchange for or replacement of such Registrable Shares or any combination of
shares, recapitalization, merger or consolidation, or any other equity securities issued pursuant
to any other pro rata distribution with respect to the Common Stock, and including any
shares of Common Stock issued pursuant to any Liquidity Entitlement under any applicable
subscription agreement (as such term is defined in such subscription agreement), until the earliest
to occur of:

2

 

          (i) the date on which it has been sold pursuant to a registration statement or sold
pursuant to Rule 144;

          (ii) the date on which it is saleable without registration under the Securities Act,
pursuant to Rule 144(k);

          (iii) with respect to any Holder, the date on which such Holder could sell all of such
Holder’s shares of Common Stock that were purchased pursuant to the Offering and that are
still held on such date pursuant to Rule 144 in a 90 day period;

          (iv) the date on which it is sold to the Company or its subsidiaries; or

          (v) the date which is the second anniversary of the closing of the Offering.

          “Registration Expenses” means any and all expenses incident to the performance of or
compliance with this Agreement, including: (i) all Commission, securities exchange, NASD
registration, listing, inclusion and filing fees, (ii) all fees and expenses incurred in connection
with compliance with international, federal or state securities or blue sky laws (including any
registration, listing and filing fees and reasonable fees and disbursements of counsel in
connection with blue sky qualification of any of the Registrable Shares and the preparation of a
blue sky memorandum and compliance with the rules of the NASD), (iii) all expenses of any Persons
in preparing or assisting in preparing, word processing, duplicating, printing, delivering and
distributing the Mandatory Shelf Registration Statement, any Prospectus, any amendments or
supplements thereto, any underwriting agreements, securities sales agreements, certificates and any
other documents relating to the performance under and compliance with this Agreement, (iv) all fees
and expenses incurred in connection with the listing or inclusion of any of the Registrable Shares
on the New York Stock Exchange, the NASDAQ National Market or the Toronto Stock Exchange pursuant
to Section 3(n), (v) the fees and disbursements of counsel for the Company and of the independent
public accountants of the Company (including the expenses of any special audit and “cold comfort”
letters required by or incident to such performance), and (vi) any fees and disbursements
customarily paid in connection with the filing and maintaining of the effectiveness of the
Mandatory Registration Statement (including the fees and expenses of any experts retained by the
Company in connection with the Mandatory Shelf Registration Statement), provided,
however, that Registration Expenses shall exclude all brokers’ or underwriters’ discounts
and commissions and transfer taxes, if any, relating to the sale or disposition of Registrable
Shares by a Holder and the fees and disbursements of any counsel to the Holders.

          “Rule 144”, “Rule 158”, “Rule 415” or “Rule 424”,
respectively, means such specified rule promulgated by the Commission pursuant to the Securities
Act, as such rule may be amended from time to time, or any similar rule or regulation hereafter
adopted by the Commission as a replacement thereto having substantially the same effect as such
rule.

          “Securities Act” means the Securities Act of 1933, as amended, and the rules and
regulations promulgated by the Commission thereunder.

3

 

          “Selling Holders’ Counsel” means one counsel, reasonably acceptable to the Company,
for the Holders, selected by the Holders holding a majority of the Registrable Shares.

          “Shelf Request Notice” is defined in Section 2(a).

          “Suspension Event” is defined in Section 4(b).

          “Suspension Notice” is defined in Section 4(b).

          “Underwritten Offering” means a sale of securities of the Company to an underwriter or
underwriters for reoffering to the public.

          2. Registration Rights.

               (a) Mandatory Shelf Registration. As set forth in Section 3, upon the written request
of any Holder delivered to the Company on or prior to the one hundred twentieth (120th)
day following the Effective Date ( the “Shelf Request Notice”), the Company agrees to use
its commercially reasonable efforts to file with the Commission within one hundred fifty (150) days
following the Effective Date, a shelf registration statement on Form S-1 or such other form under
the Securities Act then available to the Company providing for the resale of Registrable Shares
pursuant to Rule 415 from time to time by the Holders (including the Prospectus, amendments and
supplements to such registration statement or Prospectus, including pre- and post-effective
amendments, all exhibits thereto and all material incorporated by reference or deemed to be
incorporated by reference, if any, in such registration statement, the “Mandatory Shelf
Registration Statement”).

               (i) Effectiveness and Scope. The Company shall use its commercially reasonable
efforts to cause the Mandatory Shelf Registration Statement to be declared effective by the
Commission as soon as reasonably practicable following the date that is one hundred
eighty (180) days following the Effective Date, and to remain effective until the date on
which all Common Stock in respect thereof cease to be Registrable Shares, as herein defined.
Notwithstanding the foregoing, the Company shall not be required to cause the Mandatory
Shelf Registration Statement to be declared effective by the Commission for so long as all
Holders are subject to the Lock-Up Agreement. The Mandatory Shelf Registration Statement
shall provide for the resale from time to time, and pursuant to any method or combination of
methods legally available (including an Underwritten Offering), by the Holders of any and
all Registrable Shares.

               (b) Expenses. The Company shall pay all Registration Expenses in connection with the
registration of sales of the Registrable Shares pursuant to this Agreement. Each Holder
participating in a registration pursuant to this Section 2 shall bear such Holder’s proportionate
share (based on the total number of Registrable Shares sold in such registration) of all discounts
and commissions payable to underwriters or brokers and all transfer taxes in connection with a
registration of Registrable Shares pursuant to this Agreement and any other expense of the Holders
not specifically allocated to the Company pursuant to this Agreement relating to the sale or
disposition of such Holder’s Registrable Shares pursuant to the Mandatory Shelf Registration
Statement.

4

 

          3. Registration Procedures. In connection with the obligations of the Company with
respect to the Mandatory Shelf Registration Statement pursuant to this Agreement, the Company
shall:

               (a) notify the Holder Representative and the Selling Holders’ Counsel, in writing, at least
ten (10) Business Days prior to filing the Mandatory Shelf Registration Statement, of its intention
to file the Mandatory Shelf Registration Statement with the Commission and, at least five (5)
Business Days prior to filing, provide a copy of the Mandatory Shelf Registration Statement to the
Holder Representative and the Selling Holders’ Counsel; use its commercially reasonable efforts to
prepare and file with the Commission, as specified in this Agreement, the Mandatory Shelf
Registration Statement, which Mandatory Shelf Registration Statement shall comply as to form in all
material respects with the requirements of the applicable form and include all financial statements
required by the Commission to be filed therewith and shall be reasonably acceptable to the Holder
Representative and the Selling Holders’ Counsel; notify the Holder Representative and the Selling
Holders’ Counsel at least five (5) Business Days prior to filing of any amendment or supplement to
the Mandatory Shelf Registration Statement and, at least three (3) Business Days prior to filing,
provide a copy of such amendment or supplement to the Holder Representative and the Selling
Holders’ Counsel for review and comment; promptly following receipt from the Commission, provide to
the Holder Representative and the Selling Holders’ Counsel copies of any comments made by the staff
of the Commission relating to the Mandatory Shelf Registration Statement and the Company’s
responses thereto for review and comment; and use its commercially reasonable efforts to cause the
Mandatory Shelf Registration Statement to become effective as soon as practicable after filing and
to remain effective as set forth in Section 2(a)(i);

               (b) subject to Section 3(i), (i) prepare and file with the Commission such amendments and
post-effective amendments to the Mandatory Shelf Registration Statement as may be necessary to keep
the Mandatory Shelf Registration Statement effective for the period described in Section 2(a)(i),
(ii) cause each Prospectus contained therein to be supplemented by any required Prospectus
supplement, and as so supplemented to be filed pursuant to Rule 424 or any similar rule that may be
adopted under the Securities Act, (iii) amend or supplement the Mandatory Shelf Registration
Statement to include the Company’s quarterly and annual financial information and other material
developments (until the Company is eligible to incorporate such information by reference into the
Mandatory Shelf Registration Statement), during which time sales of the Registrable Shares under
the Mandatory Shelf Registration Statement will be suspended until such amendment or supplement is
effective, and (iv) comply in all material respects with the provisions of the Securities Act with
respect to the disposition of all securities covered by the Mandatory Shelf Registration Statement
during the applicable period in accordance with the intended method or methods of distribution by
the selling Holders thereof;

               (c) furnish to the Holders, without charge, as many copies of each Prospectus, including each
preliminary Prospectus, and any amendment or supplement thereto and such other documents as such
Holder may reasonably request, in order to facilitate the public sale or other disposition of the
Registrable Shares (and the Company hereby consents to the use of such Prospectus, including each
preliminary Prospectus, by the Holders, if any, in connection with the offering and sale of the
Registrable Shares covered by any such Prospectus);

5

 

               (d) use its commercially reasonable efforts to register or qualify, or obtain exemption from
registration or qualification for, all Registrable Shares by the time the Mandatory Shelf
Registration Statement is declared effective by the Commission under all applicable state
securities or “blue sky” laws of such domestic jurisdictions as any Holder covered by the Mandatory
Shelf Registration Statement shall request in writing, keep each such registration or qualification
or exemption effective during the period the Mandatory Shelf Registration Statement is required to
be kept effective pursuant to Section 2(a)(i) and do any and all other acts and things that may be
reasonably necessary or advisable to enable such Holder to consummate the disposition in each such
jurisdiction of such Registrable Shares owned by such Holder; provided, however,
that the Company shall not be required to (i) qualify generally to do business in any jurisdiction
or to register as a broker or dealer in such jurisdiction where it would not otherwise be required
to qualify but for this Section 3(d), (ii) subject itself to taxation in any such jurisdiction, or
(iii) submit to the general service of process in any such jurisdiction;

               (e) use its commercially reasonable efforts to cause all Registrable Shares covered by the
Mandatory Shelf Registration Statement to be registered and approved by such other domestic
governmental agencies or authorities, if any, as may be necessary to enable the Holders thereof to
consummate the disposition of such Registrable Shares;

               (f) notify each Holder with Registrable Shares covered by the Mandatory Shelf Registration
Statement promptly and, if requested by any such Holder, confirm such advice in writing (i) when
the Mandatory Shelf Registration Statement has become effective and when any post-effective
amendments and supplements thereto become effective, (ii) of the issuance by the Commission or any
state securities authority of any stop order suspending the effectiveness of the Mandatory Shelf
Registration Statement or the initiation of any proceedings for that purpose, (iii) of any request
by the Commission or any other federal or state governmental authority for amendments or
supplements to the Mandatory Shelf Registration Statement or related Prospectus or for additional
information, (iv) of the happening of any event during the period the Mandatory Shelf Registration
Statement is effective as a result of which the Mandatory Shelf Registration Statement or the
related Prospectus or any document incorporated by reference therein contains any untrue statement
of a material fact or omits to state any material fact required to be stated therein or necessary
to make the statements therein, in light of the circumstances under which they were made, not
misleading (which information shall be accompanied by an instruction to suspend the use of the
Mandatory Shelf Registration Statement and the Prospectus until the requisite changes have been
made) and (v) at the request of any such Holder, promptly to furnish to such Holder a reasonable
number of copies of a supplement to or an amendment of such Prospectus prepared in accordance with
Section 3(i);

               (g) during the period of time referred to in Section 2(a)(i), use its commercially reasonable
efforts to avoid the issuance of, or if issued, to obtain the withdrawal of, any order enjoining or
suspending the use or effectiveness of the Mandatory Shelf Registration Statement or suspending the
qualification (or exemption from qualification) of any of the Registrable Shares for sale in any
jurisdiction, as promptly as practicable;

               (h) upon request, furnish to each requesting Holder with Registrable Shares covered by the
Mandatory Shelf Registration Statement, without charge, at least one conformed copy of the
Mandatory Shelf Registration Statement and any post-effective

6

 

amendment or supplement thereto (without documents incorporated therein by reference or
exhibits thereto, unless requested);

               (i) except as provided in Section 4, upon the occurrence of any event contemplated by
Section 3(f)(iv), use its commercially reasonable efforts to promptly prepare a supplement or
post-effective amendment to the Mandatory Shelf Registration Statement or the related Prospectus or
any document incorporated therein by reference or file any other required document so that, as
thereafter delivered to the purchasers of the Registrable Shares, such Prospectus will not contain
any untrue statement of a material fact or omit to state a material fact required to be stated
therein or necessary to make the statements therein, in the light of the circumstances under which
they were made, not misleading, and, upon request, promptly furnish to each requesting Holder
covered by the Mandatory Shelf Registration Statement a reasonable number of copies of each such
supplement or post-effective amendment;

               (j) use its commercially reasonable efforts (including seeking to cure in the Company’s
listing or inclusion application any deficiencies cited by the exchange or market) to list or
include all Registrable Shares on the New York Stock Exchange, The Nasdaq Stock Market or the
Toronto Stock Exchange and thereafter maintain the listing or inclusion on such exchange or market;

               (k) provide a CUSIP number for all Registrable Shares by a date not later than the date shares
of the Common Stock are listed or included on an exchange or market pursuant to Section 3(j);

               (l) (i) otherwise use its commercially reasonable efforts to comply in all material respects
with all applicable rules and regulations of the Commission and (ii) delay filing the Mandatory
Shelf Registration Statement or Prospectus or amendment or supplement to the Mandatory Shelf
Registration Statement or Prospectus to which the Holder Representative or the Selling Holders’
Counsel shall have reasonably objected on the grounds that the Mandatory Shelf Registration
Statement or Prospectus or amendment or supplement does not comply in all material respects with
the requirements of the Securities Act, the Holder Representative and the Selling Holders’ Counsel
having been furnished with a copy thereof at least five (5) Business Days before the filing
thereof, provided that the Company may file the Mandatory Shelf Registration Statement or
Prospectus or amendment or supplement following such time as the Company shall have made a good
faith effort to resolve any such issue with the Holder Representative or the Selling Holders’
Counsel and shall have advised the Holder Representative or the Selling Holders’ Counsel in writing
of its reasonable belief that such filing complies in all material respects with the requirements
of the Securities Act;

               (m) appoint a registrar and transfer agent for all Registrable Shares covered by the Mandatory
Shelf Registration Statement by a date not later than the date shares of the Common Stock are
listed or included on an exchange or market pursuant to Section 3(j); and

               (n) in connection with any sale or transfer of the Registrable Shares (whether or not pursuant
to the Mandatory Shelf Registration Statement) that will result in the securities being delivered
no longer constituting Registrable Shares, cooperate with the Holders to facilitate the timely
preparation and delivery of certificates representing the Registrable Shares

7

 

to be sold, which certificates shall not bear any transfer restrictive legends (other than as
required by the Company’s charter or by-laws), and to enable such Registrable Shares to be in such
denominations and registered in such names as the Holders may request, which request shall be made
at least two (2) Business Days prior to any sale of the Registrable Shares.

          The Company may require the Holders to furnish to the Company such information regarding the
proposed distribution by such Holder as the Company may from time to time reasonably request in
writing or as shall be required to effect the registration of the Registrable Shares, and no Holder
shall be entitled to be named as a selling stockholder in the Mandatory Shelf Registration
Statement and no Holder shall be entitled to use the Prospectus forming a part thereof if such
Holder does not timely provide such information in writing to the Company. Each Holder further
agrees to furnish promptly to the Company in writing all information required from time to time to
make the information previously furnished by such Holder not misleading.

          Each Holder agrees that, upon receipt of any notice from the Company of the happening of any
event of the kind described in Section 3(f)(ii), 3(f)(iii) or 3(f)(iv), such Holder will
immediately discontinue disposition of Registrable Shares pursuant to the Mandatory Shelf
Registration Statement until (i) any such stop order is vacated or (ii) if an event described in
Section 3(f)(iii) or 3(f)(iv) occurs, such Holder’s receipt of the copies of the supplemented or
amended Prospectus. If so directed by the Company, such Holder will deliver to the Company (at the
reasonable expense of the Company) all copies in its possession, other than permanent file copies
then in such Holder’s possession, of the Prospectus covering such Registrable Shares current at the
time of receipt of such notice.

          4. Suspension Period.

               (a) Subject to the provisions of this Section 4, following the effectiveness of the Mandatory
Shelf Registration Statement (and the filings with any international, federal or state securities
commissions), the Company may direct the Holders, in accordance with Section 4(b), to suspend sales
of the Registrable Shares pursuant to the Mandatory Shelf Registration Statement for such times as
the Company reasonably may determine is necessary and advisable (but in no event for more than an
aggregate of ninety (90) days in any consecutive twelve (12)-month period commencing on the date
the Lock-Up Agreement is terminated with respect to all of the Holders or more than sixty (60) days
in any consecutive ninety (90)-day period, except as a result of a review of any post-effective
amendment by the Commission prior to declaring any post-effective amendment to the Mandatory Shelf
Registration Statement effective, provided that the Company has used its commercially
reasonable efforts to cause such post-effective amendment to be declared effective), if any of the
following events shall occur: (i) the representative of the underwriters of an Underwritten
Offering of primary shares by the Company has advised the Company that the sale of Registrable
Shares pursuant to the Mandatory Shelf Registration Statement would have a material adverse effect
on a public offering by the Company; (ii) an officer of the Company shall have determined in good
faith that (1) the offer or sale of any Registrable Shares would materially impede, delay or
interfere with any proposed financing, offer or sale of securities, acquisition, merger, joint
venture, farm-in, tender offer, business combination, corporate reorganization, consolidation or
other significant transaction involving the Company, (2) upon

8

 

the advice of counsel, the sale of Registrable Shares pursuant to the Mandatory Shelf
Registration Statement would require disclosure of non-public material information not otherwise
required to be disclosed under applicable law, and (3) either (x) the Company has a bona fide
business purpose for preserving the confidentiality of such transaction, (y) disclosure would have
a material adverse effect on the Company or the Company’s ability to consummate such transaction,
or (z) the proposed transaction renders the Company unable to comply with Commission requirements,
in each case under circumstances that would make it impractical or inadvisable to cause the
Mandatory Shelf Registration Statement (or such filings) to become effective or to promptly amend
or supplement the Mandatory Shelf Registration Statement on a post-effective basis, as applicable;
or (iii) an officer of the Company shall have determined in good faith, upon the advice of counsel,
that the Company is required by law, rule or regulation to supplement the Mandatory Shelf
Registration Statement or file a post-effective amendment to the Mandatory Shelf Registration
Statement in order to incorporate information into the Mandatory Shelf Registration Statement for
the purpose of (1) including in the Mandatory Shelf Registration Statement any prospectus required
under Section 10(a)(3) of the Securities Act; (2) reflecting in the prospectus included in the
Mandatory Shelf Registration Statement any facts or events arising after the effective date of the
Mandatory Shelf Registration Statement (or of the most-recent post-effective amendment) that,
individually or in the aggregate, represents a material change in the information set forth
therein; or (3) including in the prospectus included in the Mandatory Shelf Registration Statement
any material information with respect to the plan of distribution not disclosed in the Mandatory
Shelf Registration Statement or any material change to such information. Upon the occurrence of
any such suspension, the Company shall use its commercially reasonable efforts to cause the
Mandatory Shelf Registration Statement to become effective or to promptly amend or supplement the
Mandatory Shelf Registration Statement on a post-effective basis or to take such action as is
necessary to make resumed use of the Mandatory Shelf Registration Statement compatible with the
Company’s best interests, as applicable, so as to permit the Holders to resume sales of the
Registrable Shares as soon as possible.

               (b) In the case of an event that causes the Company to suspend the use of the Mandatory Shelf
Registration Statement (a “Suspension Event”), the Company shall give written notice (a
“Suspension Notice”) to the Holders to suspend sales of the Registrable Shares and such
notice shall state generally the basis for the notice and that such suspension shall continue only
for so long as the Suspension Event or its effect is continuing and the Company is using
commercially reasonable efforts to terminate suspension of the use of the Mandatory Shelf
Registration Statement as promptly as possible. No Holder shall effect any sales of the
Registrable Shares pursuant to the Mandatory Shelf Registration Statement (or such filings) at any
time after it has received a Suspension Notice from the Company and prior to receipt of an End of
Suspension Notice (as defined below). If so directed by the Company, each Holder will deliver to
the Company (at the expense of the Company) all copies other than permanent file copies then in
such Holder’s possession of the Prospectus covering the Registrable Shares at the time of receipt
of the Suspension Notice. The Holders may recommence effecting sales of the Registrable Shares
pursuant to the Mandatory Shelf Registration Statement (or such filings) following further notice
to such effect (an “End of Suspension Notice”) from the Company, which End of Suspension
Notice shall be given by the Company to the Holders in the manner described above promptly
following the conclusion of any Suspension Event and its effect.

9

 

          5. Indemnification and Contribution.

               (a) The Company agrees to indemnify and hold harmless (i) each Holder, (ii) each Person, if
any, who controls (within the meaning of Section 15 of the Securities Act or Section 20(a) of the
Exchange Act) each Holder (a “Controlling Person”), and (iii) the respective officers,
directors, partners, members, employees, representatives and agents of any such Person or any
Controlling Person (any Person referred to in clause (i), (ii) or (iii) may hereinafter be referred
to as a “Purchaser Indemnitee”) from and against any and all losses, claims, damages,
judgments, actions, reasonable out-of-pocket expenses, and other liabilities, including, as
incurred, reimbursement of all reasonable costs of investigating, preparing, pursuing or defending
any claim or action, or any investigation or proceeding by any governmental agency or body,
commenced or threatened, including the reasonable fees and expenses of outside counsel to any
Purchaser Indemnitee, joint or several (the “Liabilities”), directly or indirectly related
to, based upon, arising out of or in connection with any untrue statement or alleged untrue
statement of a material fact contained in the Mandatory Shelf Registration Statement or Prospectus
(as amended or supplemented if the Company shall have furnished to such Purchaser Indemnitee any
amendments or supplements thereto), or any preliminary Prospectus or any other document prepared by
the Company used to sell the Registrable Shares, or any omission or alleged omission to state
therein a material fact required to be stated therein or necessary to make the statements therein
(in the case of a Prospectus, in light of the circumstances under which they were made), not
misleading, except insofar as such Liabilities arise out of or are based upon (i) any untrue
statement or omission or alleged untrue statement or omission made in reliance upon and in
conformity with information relating to any Purchaser Indemnitee furnished to the Company in
writing by such Purchaser Indemnitee expressly for use therein, (ii) any untrue statement contained
in or omission from a preliminary Prospectus if a copy of the Prospectus (as then amended or
supplemented, if the Company shall have furnished to or on behalf of the Holder participating in
the distribution relating to the relevant Registration Statement any amendments or supplements
thereto) was not sent or given by or on behalf of such Holder to the Person asserting any such
Liabilities who purchased Common Stock, if such Prospectus (or Prospectus as amended or
supplemented) is required by law to be sent or given at or prior to the written confirmation of the
sale of such Common Stock to such Person and the untrue statement contained in or omission from
such preliminary Prospectus was corrected in the Prospectus (or the Prospectus as amended or
supplemented), or (iii) any sales by any Holder after the delivery by the Company to such Holder of
a Suspension Notice and before the delivery by the Company of an End of Suspension Notice. The
Company shall notify the Holders promptly of the institution, threat or assertion of any claim,
proceeding (including any governmental investigation), or litigation of which it shall have become
aware in connection with the matters addressed by this Agreement which involves the Company or a
Purchaser Indemnitee. The indemnity provided for herein shall remain in full force and effect
regardless of any investigation made by or on behalf of any Purchaser Indemnitee.

               (b) In connection with the Mandatory Shelf Registration Statement in which a Holder is
participating, such Holder agrees, severally and not jointly, to indemnify and hold harmless
(i) the Company, (ii) each Person who controls the Company within the meaning of Section 15 of the
Securities Act or Section 20(a) of the Exchange Act, and (iii) the respective officers, directors,
partners, members, representatives, employees and agents of any Person referred to in clause (i) or
(ii) above, to the same extent as the foregoing indemnity from the

10

 

Company to each Purchaser Indemnitee, but only with reference to (i) untrue statements or
omissions or alleged untrue statements or omissions made in reliance upon and in conformity with
information relating to such Holder furnished to the Company in writing by such Holder expressly
for use in the Mandatory Shelf Registration Statement or Prospectus, any amendment or supplement
thereto, or any preliminary Prospectus and (ii) any sales by any Holder after the delivery by the
Company to such Holder of a Suspension Notice and before the delivery by the Company of an End of
Suspension Notice. The liability of any Holder pursuant to clause (i) of the immediately preceding
sentence shall in no event exceed the net proceeds received by such Holder from sales of
Registrable Shares giving rise to such obligations.

               (c) If any suit, action, proceeding (including any governmental or regulatory investigation),
claim or demand shall be brought or asserted against any Person in respect of which indemnity may
be sought pursuant to Section 5(a) or 5(b), such Person (the “Indemnified Party”), shall
promptly notify the Person against whom such indemnity may be sought (the “Indemnifying
Party”), in writing (to the extent legally advisable) of the commencement thereof (but the
failure to so notify an Indemnifying Party shall not relieve it from any Liability which it may
have under this Section 5, except to the extent the Indemnifying Party is materially prejudiced by
the failure to give notice), and the Indemnifying Party, upon request of the Indemnified Party,
shall retain counsel reasonably satisfactory to the Indemnified Party to represent the Indemnified
Party and any others the Indemnifying Party may reasonably designate in such proceeding and shall
assume the defense of such proceeding and pay the fees and expenses actually incurred by such
counsel related to such proceeding. Notwithstanding the foregoing, in any such proceeding, any
Indemnified Party may retain its own counsel, but the fees and expenses of such counsel shall be at
the expense of such Indemnified Party, unless (i) the Indemnifying Party and the Indemnified Party
shall have mutually agreed in writing to the contrary, (ii) the Indemnifying Party failed within a
reasonable time after notice of commencement of the action to assume the defense and employ counsel
reasonably satisfactory to the Indemnified Party, or (iii) the named parties to any such action
(including any impleaded parties) include both such Indemnified Party and the Indemnifying Party,
or any affiliate of the Indemnifying Party, and such Indemnified Party shall have been reasonably
advised by counsel that, either (x) there may be one or more legal defenses available to it which
are different from or additional to those available to the Indemnifying Party or such affiliate of
the Indemnifying Party or (y) a conflict may exist between such Indemnified Party and the
Indemnifying Party or such affiliate of the Indemnifying Party, in which event the Indemnifying
Party may not assume or direct the defense of such action on behalf of such Indemnified Party, it
being understood, however, that the Indemnifying Party shall not, in connection with any one such
action or separate but substantially similar or related actions arising out of the same general
allegations or circumstances, be liable for the fees and expenses of more than one separate firm of
attorneys (in addition to any local counsel) for all such Indemnified Parties, which firm shall be
designated in writing by those Indemnified Parties who sold a majority of the Registrable Shares
sold by all such Indemnified Parties and any such separate firm for the Company, the directors, the
officers and such control Persons of the Company as shall be designated in writing by the Company.
The Indemnifying Party shall not be liable for any settlement of any proceeding effected without
its written consent, which consent shall not be unreasonably withheld or delayed, but if settled
with such consent or if there be a final judgment for the plaintiff, the Indemnifying Party agrees
to indemnify any Indemnified Party from and against any Liability by reason of such settlement or
judgment to the extent provided in this Section 5 without reference to this sentence. No

11

 

Indemnifying Party shall, without the prior written consent of the Indemnified Party, effect
any settlement of any pending or threatened proceeding in respect of which any Indemnified Party is
or could have been a party and indemnity could have been sought hereunder by such Indemnified
Party, unless such settlement includes an unconditional release of such Indemnified Party from all
Liability on claims that are the subject matter of such proceeding.

               (d) If the indemnification provided for in Section 5(a) or 5(b) is for any reason held to be
unavailable to an Indemnified Party in respect of any Liabilities referred to therein (other than
by reason of the exceptions provided therein) or is insufficient to hold harmless a party
indemnified thereunder, then each Indemnifying Party under such sections, in lieu of indemnifying
such Indemnified Party thereunder, shall contribute to the amount paid or payable by such
Indemnified Party as a result of such Liabilities (i) in such proportion as is appropriate to
reflect the relative benefits of the Indemnified Party on the one hand and the Indemnifying Parties
on the other in connection with the statements or omissions that resulted in such Liabilities, or
(ii) if the allocation provided by clause (i) above is not permitted by applicable law, in such
proportion as is appropriate to reflect not only the relative benefits referred to in clause (i)
above but also the relative fault of the Indemnifying Parties and the Indemnified Party, as well as
any other relevant equitable considerations. The relative fault of the Company, on the one hand,
and any Purchaser Indemnitees, on the other, shall be determined by reference to, among other
things, whether the untrue or alleged untrue statement of a material fact or the omission or
alleged omission to state a material fact relates to information supplied by the Company or by such
Purchaser Indemnitees and the parties’ relative intent, knowledge, access to information and
opportunity to correct or prevent such statement or omission.

               (e) The parties agree that it would not be just and equitable if contribution pursuant to this
Section 5 were determined by pro rata allocation (even if such Indemnified Parties
were treated as one entity for such purpose), or by any other method of allocation that does not
take account of the equitable considerations referred to in Section 5(d). The amount paid or
payable by an Indemnified Party as a result of any Liabilities referred to in Section 5(d) shall be
deemed to include, subject to the limitations set forth above, any reasonable legal or other
expenses actually incurred by such Indemnified Party in connection with investigating or defending
any such action or claim. Notwithstanding the provisions of this Section 5, in no event shall a
Purchaser Indemnitee be required to contribute any amount in excess of the amount by which proceeds
received by such Purchaser Indemnitee from sales of Registrable Shares exceeds the amount of any
damages that such Purchaser Indemnitee has otherwise been required to pay by reason of such untrue
or alleged untrue statement or omission or alleged omission. For purposes of this Section 5, each
Person, if any, who controls (within the meaning of Section 15 of the Act or Section 20(a) of the
Exchange Act) a Holder shall have the same rights to contribution as such Holder, as the case may
be, and each Person, if any, who controls (within the meaning of Section 15 of the Act or
Section 20(a) of the Exchange Act) the Company, and each officer, director, partner, member,
employee, representative, agent or manager of the Company shall have the same rights to
contribution as the Company. Any party entitled to contribution will, promptly after receipt of
notice of commencement of any action, suit or proceeding against such party in respect of which a
claim for contribution may be made against another party or parties, notify each party or parties
from whom contribution may be sought, but the omission to so notify such party or parties shall not
relieve the party or parties from whom contribution may be sought from any obligation it or they
may have under this

12

 

Section 5 or otherwise, except to the extent that any party is materially prejudiced by the
failure to give notice. No Person guilty of fraudulent misrepresentation (within the meaning of
Section 11(f) of the Securities Act), shall be entitled to contribution from any Person who was not
guilty of such fraudulent misrepresentation.

               (f) The indemnity and contribution agreements contained in this Section 5 will be in addition
to any Liability which the indemnifying parties may otherwise have to the indemnified parties
referred to above. Each Purchaser Indemnitee’s obligations to contribute pursuant to this
Section 5 are not joint but are several in the proportion that the number of Registrable Shares
sold by such Purchaser Indemnitee under the Mandatory Shelf Registration Statement bears to the
number of Registrable Shares sold by all Purchaser Indemnitees under the Mandatory Shelf
Registration Statement.

          6. Termination of the Company’s Obligations. The Company shall have no further
obligations pursuant to this Agreement at such time as no Registrable Shares are outstanding after
their original issuance, provided, however, that the Company’s obligations under
Sections 5 and 7 (and any related definitions) shall remain in full force and effect following such
time.

          7. Miscellaneous.

               (a) Remedies. In the event of a breach by the Company of any of its obligations under
this Agreement, each Holder, in addition to being entitled to exercise all rights provided herein,
or granted by law, including recovery of damages, will be entitled to specific performance of its
rights under this Agreement. Subject to Section 5, the Company agrees that monetary damages would
not be adequate compensation for any loss incurred by reason of a breach by it of any of the
provisions of this Agreement and hereby further agrees that, in the event of any action for
specific performance in respect of such breach, it shall waive the defense that a remedy at law
would be adequate.

               (b) Amendments and Waivers. This Agreement may not be amended, modified or
supplemented, and waivers or consents to or departures from the provisions hereof may not be given,
without the written consent of the Company and Holders beneficially owning a majority of the
Registrable Shares; provided, however, that for purposes of this Agreement,
Registrable Shares owned, directly or indirectly, by an entity that is an Affiliate of the Company
due to the Company’s owning an interest in such entity shall not be deemed to be outstanding.
Notwithstanding the foregoing, a waiver or consent to or departure from the provisions hereof with
respect to a matter that relates exclusively to the rights of a Holder whose securities are being
sold pursuant to the Mandatory Shelf Registration Statement and that does not directly or
indirectly affect, impair, limit or compromise the rights of other Holders may be given by such
Holder; provided that the provisions of this sentence may not be amended, modified or
supplemented except in accordance with the provisions of the immediately preceding sentence.

               (c) Notices. All notices and other communications, provided for or permitted
hereunder shall be made in writing and delivered by facsimile or other electronic means (with
receipt confirmed), overnight courier or registered or certified mail, return receipt requested,
addressed as follows:

13

 

               (i) if to a Holder, at the most current address given by the Holder to the Company in
writing; and

               (ii) if to the Company, at the offices of the Company at Suite 1000, 444 — 7th Avenue
S.W., Calgary, Alberta, T2P 0X8, Attention: Secretary and Treasurer.

               (d) Successors and Assigns; Third Party Beneficiaries. This Agreement shall inure to
the benefit of and be binding upon the successors and assigns of each of the parties hereto and
shall inure to the benefit of each Holder. The Company agrees that the Holders shall be third
party beneficiaries to the agreements made hereunder by the Company, and each Holder shall have the
right to enforce such agreements directly to the extent it deems such enforcement necessary or
advisable to protect its rights hereunder; provided, however, that such Holder
fulfills all responsibilities and obligations hereunder as if it is a signatory hereto.

               (e) Counterparts. This Agreement may be executed in any number of counterparts and by
the parties hereto in separate counterparts, each of which when so executed shall be deemed to be
an original and all of which taken together shall constitute one and the same agreement.

               (f) Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE
WITH THE LAWS OF THE STATE OF NEW YORK, AS APPLIED TO CONTRACTS MADE AND PERFORMED WITHIN THE STATE
OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAW. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY SUBMITS TO THE NONEXCLUSIVE JURISDICTION OF THE UNITED STATES DISTRICT COURT OF THE
SOUTHERN DISTRICT OF NEW YORK OR THE SUPREME COURT OF THE STATE OF NEW YORK OR SITTING IN NEW YORK
COUNTY IN RESPECT OF ANY SUIT, ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT,
AND IRREVOCABLY ACCEPTS FOR ITSELF AND IN RESPECT OF ITS PROPERTY, GENERALLY AND UNCONDITIONALLY,
THE JURISDICTION OF THE AFORESAID COURTS. EACH OF THE PARTIES HERETO IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT IT MAY EFFECTIVELY DO SO UNDER APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR
HEREAFTER HAVE TO THE LAYING OF THE VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY
SUCH COURT AND ANY CLAIM THAT ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS
BEEN BROUGHT IN AN INCONVENIENT FORUM.

               (g) Severability. If any term, provision, covenant or restriction of this Agreement
is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the
remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in
full force and effect and shall in no way be affected, impaired or invalidated, and the parties
hereto shall use their commercially reasonable efforts to find and employ an alternative means to
achieve the same or substantially the same result as that contemplated by such term, provision,
covenant or restriction. It is hereby stipulated and declared to be the intention of the parties
hereto that they would have executed the remaining terms, provisions,

14

 

covenants and restrictions without including any of such that may be hereafter declared
invalid, illegal, void or unenforceable.

               (h) Entire Agreement. This Agreement, together with the Existing Registration Rights
Agreement, is intended by the parties hereto as a final expression of their agreement and is
intended to be a complete and exclusive statement of the agreement and understanding of the parties
hereto in respect of the subject matter contained herein and therein and, for the avoidance of
doubt, the Company’s obligations under this Agreement shall exist notwithstanding the last sentence
of Section 2.5(a)(i) in the Existing Registration Rights Agreement and (ii) this Agreement is a
valid agreement among the parties hereto notwithstanding Section 4.8 in the Existing Registration
Rights Agreement.

               (i) Registrable Shares Held by the Company or its Affiliates. Whenever the consent or
approval of Holders of a specified percentage of Registrable Shares is required hereunder,
Registrable Shares held by the Company or entities that are Affiliates of the Company due to the
Company’s owning an interest in such entities shall not be counted in determining whether such
consent or approval was given by the Holders of such required percentage.

               (j) Survival. The indemnification and contribution obligations under Section 5 shall
survive the termination of the Company’s obligations under Section 2.

               (k) Headings. The headings in this Agreement are for convenience of reference only
and shall not limit or otherwise affect the provisions of this Agreement. All references made in
this Agreement to “Section” refer to such Section of this Agreement, unless expressly stated
otherwise.

               (l) Adjustment for Stock Splits, etc. Wherever in this Agreement there is a reference
to a specific number of shares with respect to any securities, then upon the occurrence of any
subdivision, combination, or stock dividend of such shares, the specific number of shares with
respect to any securities so referenced in this Agreement shall automatically be proportionally
adjusted to reflect the effect on the outstanding shares of such class or series of stock by such
subdivision, combination, or stock dividend.

[Remainder of this Page Intentionally Left Blank]

15

 

          IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above
written.

	 	 	 	 	 
	TRIDENT RESOURCES CORP.	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/ Paul K. O’Donoghue
 

Paul K. O’Donoghue
	 	 
	Title:

	 	Secretary & Treasurer	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	AURORA ENERGY PARTNERS, L.P.,

by its General Partner, White Hat Ventures,

LLC
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Per:

Name:
		/s/ John Baker
 

John Baker
		
	 

	 		 		 	Title:	 	Manager	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	TRIDENT EXPLORATION LIMITED

PARTNERSHIP, by its General Partner,

981443 ALBERTA LTD.	 	 	 	TRIDENT EXPLORATION (2003)

LIMITED PARTNERSHIP I, by its

General Partner, 981443 ALBERTA

LTD.
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ Paul K. O’Donoghue
 

Paul K. O’Donoghue
	 	 	 	Per:

Name:
	 	/s/ Paul K. O’Donoghue
 

Paul K. O’Donoghue
	 	 
	Title:

	 	Secretary & Treasurer
	 	 	 	Title:
	 	Secretary & Treasurer	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	TRIDENT EXPLORATION (2005)

LIMITED PARTNERSHIP I, by its

General Partner 981443 ALBERTA LTD.	 	 	 	TRIDENT EXPLORATION (2005)

LIMITED PARTNERSHIP II, by its

General Partner 1443 ALBERTA LTD.
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Paul K. O’Donoghue
 

Paul K. O’Donoghue
	 	 	 	By:

Name:
	 	/s/ Paul K. O’Donoghue
 

Paul K. O’Donoghue
	 	 
	Title:

	 	Secretary & Treasurer
	 	 	 	Title:
	 	Secretary & Treasurer	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	THE CHARLES S. MCNEIL FAMILY

TRUST, an Alaska resident trust	 	 	 	THE MCNEIL FAMILY

IRREVOCABLE GST TRUST
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Charles S. McNeil
 

Charles S. McNeil
	 	 	 	By:

Name:
	 	 
 

Lynn P. Hendrix
	 	 
	Title:

	 	Investment Trustee
	 	 	 	Title:
	 	Trustee	 	 
	 
	 

	 	 	 	 	 	By:
	 	Wyoming Bank & Trust, Trustee	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	   	 	 
	 

	 	 	 	 	 	Name:	 	 	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	THE CHARLES S. MCNEIL FAMILY

TRUST, an Alaska resident trust	 	 	 	THE MCNEIL FAMILY

IRREVOCABLE GST TRUST
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	 
 

Charles S. McNeil
	 	 	 	By:

Name:
	 	/s/ Lynn P. Hendrix
 

Lynn P. Hendrix
	 	 
	Title:

	 	Investment Trustee
	 	 	 	Title:
	 	Trustee	 	 
	 
	 

	 	 	 	 	 	By:
	 	Wyoming Bank & Trust, Trustee	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	/s/ Michael E. Bohl	 	 
	 	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name: Michael E. Bohl	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	BTR GLOBAL ARBITRAGE

TRADING LIMITED	 	 	 	BTR GLOBAL OPPORTUNITY

TRADING LIMITED
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Gary Ostoich
 

Gary Ostoich
	 	 	 	By:

Name:
	 	/s/ Gary Ostoich
 

Gary Ostoich
	 	 
	Title:

	 	Director	 	 	 	Title:	 	Director	 	

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	PERRY PARTNERS L.P.	 	 	 	PERRY PARTNERS INTERNATIONAL,
INC.
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Michael C. Neus
 

Michael C. Neus
	 	 	 	By:

Name:
	 	/s/ Michael C. Neus
 

Michael C. Neus
	 	 
	Title:

	 	General Counsel
	 	 	 	Title:
	 	General Counsel	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	Partners, Int’l Inc.
	 
	 	 	 	 	 	 	 	 	 	 
	AUDA CLASSIC P.L.C.	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ B. Scott Reid
 

B. Scott Reid
	 	 	 	 	 	 	 	 
	Title:
	 	Director	 	 	 	 	 	 	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 
	CHEYNE SPECIAL SITUATIONS

INVESTMENTS S.a.r.l	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/ D. Hendry
 
D. Hendry
	 	 
	Title:
	 	Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	NATURAL RESOURCES PORTFOLIO

OF THE PRUDENTIAL SERIES FUND,
INC.	 	 	 	JENNISON UTILITY FUND OF THE

PRUDENTIAL SECTOR FUNDS INC.
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	Jennison Associates LLC, as sub-
	 	 	 	By:
	 	Jennison Associates LLC, as sub-	 	 
	 

	 	advisor to Natural Resources
	 	 	 	 	 	advisor to Jennison Utility Fund of	 	 
	 

	 	Portfolio of The Prudential Series Fund, Inc.
	 	 	 	 	 	the Prudential Sector Funds, Inc.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ David A. Kiefer
 

David A. Kiefer
	 	 	 	Per:

Name:
	 	/s/ Ubong Edemeka
 
Ubong Edemeka
	 	 
	Title:

	 	Executive Vice President
	 	 	 	Title:	 	Vice President	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	JENNISON VALUE FUND	 	 	 	VALUE PORTFOLIO OF THE

PRUDENTIAL SERIES FUND, INC.
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	Jennison Associates LLC, as sub-
	 	 	 	By:
	 	Jennison Associates LLC, as sub-	 	 
	 

	 	advisor to Jennison Value Fund
	 	 	 	 	 	advisor to Value Portfolio of the	 	 
	 

	 	 	 	 	 	 	 	Prudential Series Fund, Inc.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ David A. Kiefer
 

David A. Kiefer
	 	 	 	Per:

Name:
	 	/s/ David A. Kiefer
 

David A. Kiefer
	 	 
	Title:

	 	Executive Vice President
	 	 	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	JENNISON NATURAL RESOURCES

FUND, INC.	 	 	 	SAMSUNG LIFE INVESTMENT

(AMERICA), LTD.
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	Jennison Associates LLC, as sub-
	 	 	 	By:
	 	Jennison Associates LLC, as sub-	 	 
	 

	 	advisor to Jennison Natural
	 	 	 	 	 	advisor to Samsung Life Investment	 	 
	 

	 	Resources Fund, Inc.
	 	 	 	 	 	(America), Ltd.	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	Per: 

Name:

	 	/s/ David A. Kiefer
 

David A. Kiefer
	 	 	 	Per:

Name:
	 	/s/ David A. Kiefer
 

David A. Kiefer
	 	 
	Title:

	 	Executive Vice President
	 	 	 	Title:
	 	Executive Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 
	ALEXANDRA GLOBAL MASTER
FUND, LTD.	 	 
	 
	 	 	 	 
	By:

	 	Alexandra Investment Management, LC

(as investment advisor)	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/ Gena Lovett
 
Gena Lovett
	 	 
	Title:
	 	Chief Operating Officer	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 
	TRIDENT ENERGY OPPORTUNITY,

LP., by its general partner, TRIDENT

ENERGY OPPORTUNITY GP, INC.	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/ Steve Buchanan
 
Steve Buchanan
	 	 
	Title:
	 	President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 	 	 	 	 	 	 
	PRUDENTIAL CAPITAL PARTNERS,
L.P.	 	 	 	PRUDENTIAL CAPITAL PARTNERS

MANAGEMENT FUND, L.P.
	 
	 	 	 	 	 	 	 	 	 	 
	By:

	 	Prudential Capital Group, LP.
	 	 	 	By:
	 	Prudential Investment Management,	 	 
	 

	 	(as its General Partner)
	 	 	 	 	 	Inc. (as its General Partner)	 	 
	 
	 	 	 	 	 	 	 	 	 	 
	By: 

Name:

	 	/s/ Kelly A. Brendel
 

Kelly A. Brendel
	 	 	 	By:

Name:
	 	/s/ Kelly A. Brendel
 

Kelly A. Brendel
	 	 
	Title:

	 	Vice President
	 	 	 	Title:
	 	Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 
	EDGESTONE CAPITAL MEZZANINE

FUND II, L.P.	 	 
	 
	 	 	 	 
	By:

	 	Edgestone Capital Mezzanine II	 	 
	 

	 	Partners, Inc., as general partner for	 	 
	 

	 	and on behalf of Edgestone Capital	 	 
	 

	 	Mezzanine Fund II, L.P.	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/
 

	 	 
	Title:
	 	 	 	 
	 
	 	 	 	 
	By:

	 	Edgestone Capital Mezzanine Fund II	 	 
	 

	 	Nominee, Inc., as nominee for and on	 	 
	 

	 	behalf of Edgestone Capital Mezzanine	 	 
	 

	 	Fund II, L.P. and its parallel investors	 	 
	 
	 	 	 	 
	By: 

Name:

	 	/s/
 

	 	 
	Title:
	 	 	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

 

	 	 	 	 	 
	D.E. SHAW LAMINAR PORTFOLIOS,
LLC	 	 
	 
	 	 	 	 
	By:

	 	/s/ Julius Gaudio	 	 
	 

	 	 	 	 
	Name:
	 	Julius Gaudio	 	 
	Title:
	 	Authorized Signatory	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	CLERY SARL	 	 
	 
	 	 	 	 
	Per:

	 	/s/	 	 
	 

	 	 	 	 
	Name:

	 	Luxembourg Corporation Company S.A.	 	 
	Title:
	 	Manager	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	BLACKSTONE MEZZANINE	 	BLACKSTONE MEZZANINE	 	 
	HOLDINGS L.P.	 	PARTNERS L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Blackstone Mezzanine Associates,
	 	By:
	 	Blackstone Mezzanine Associates,	 	 
	 

	 	L.P., its General Partner
	 	 	 	LP., its General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Blackstone Mezzanine Management
	 	By:
	 	Blackstone Mezzanine Management	 	 
	 

	 	Associates L.L.C., its General Partner
	 	 	 	Associates L.L.C., its	 	 
	 

	 	 	 	 	 	General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	Per:

	 	/s/
	 	Per:
	 	/s/	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	 	 	Name:	 	 	 	 
	Title:

	 	Authorized Signer
	 	Title:
	 	Authorized Signer	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	TD CAPITAL PARTNERS MEZZANINE

(QLP) L.P., by its General Partner, TD
CAPITAL MEZZANINE PARTNERS

(QLP) GP LTD.	 	THE TORONTO-DOMINION BANK	 	 
	 
	 	 	 	 	 	 	 	 
	Per:

	 	/s/ Ian Kidson
	 	Per:
	 	/s/ Ian Kidson	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Ian Kidson
	 	Name:
	 	Ian Kidson	 	 
	Title:

	 	Managing Director
	 	Title:
	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	TORONTO DOMINION INVESTMENTS,
INC.	 	TD CAPITAL MEZZANINE PARTNERS

(NON-QLP) L.P., by its General Partner, TD

CAPITAL MEZZANINE PARTNERS GP
LTD.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Martha L. Gariepy
	 	By:
	 	/s/ Ian Kidson	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Martha L. Gariepy
	 	Name:
	 	Ian Kidson	 	 
	Title:

	 	President
	 	Title:
	 	Managing Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	PRUDENTIAL CAPITAL PARTNERS,
L.P.	 	PRUDENTIAL CAPITAL PARTNERS

MANAGEMENT FUND, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Prudential Capital Group, LP.
(as its General Partner)
	 	By:
	 	Prudential Investment Management,

Inc. (as its General Partner)	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Kelly A. Brendel
	 	By:
	 	/s/ Kelly A. Brendel	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Kelly A. Brendel
	 	Name:
	 	Kelly A. Brendel	 	 
	Title:

	 	Vice President
	 	Title:
	 	 Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	TCW ENERGY FUND X-NL, L.P., a
California limited partnership	 	TCW ASSET MANAGEMENT

COMPANY, a California corporation, as
Investment Manager under the Amended and Restated Investment Management and
Custody Agreement dated as of December
3, 2003 among Ensign Peak Advisors, Inc. and others	 	 
	 
	 	 	 	 	 
	By:	 	TCW (ENERGY X) LLC, its

General Partner	 	 	 
	 
	 	 	 	 	 
	By:	 	TCW Asset Management

Company, its Managing Member	 	                        	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Kurt Talbot
	 	By:
	 	/s/ Kurt Talbot	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Kurt Talbot	 	Name:	 	Kurt Talbot	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Patrick Hickey	 	By:
	 	/s/ Patrick Hickey	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Patrick Hickey	 	Name:	 	Patrick Hickey	 	 
	Title:

	 	Senior Vice President	 	Title:	 	Senior Vice President	 	 
	 
	 	 	 	 	 	 	 	 
	TCW ENERGY FUND XD-NL, L.P., a
California limited partnership	 	TCW ENERGY FUND XB-NL, L.P., a
California limited partnership	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	TCW (ENERGY X) LLC, its

General Partner
	 	By:
	 	TCW (ENERGY X) LLC, its

General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	TCW Asset Management Company,

its Managing Member
	 	By:
	 	TCW Asset Management Company,

its Managing Member	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Kurt Talbot
	 	By:
	 	/s/ Kurt Talbot
	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Kurt Talbot	 	Name:	 	Kurt Talbot	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Patrick Hickey	 	By:
	 	/s/ Patrick Hickey	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Patrick Hickey	 	Name:	 	Patrick Hickey	 	 
	Title:

	 	Senior Vice President 	 	Title:	 	Senior Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	TCW ENERGY FUND XC-NL, L.P., a
California limited partnership	 	TCW ASSET MANAGEMENT 

COMPANY, a California corporation, as
Investment Manager under the Amended and Restated Investment Management and
Custody Agreement dated as of December
11, 2003 among Barry L. Bradley, Jr. Partition Trust and others	 	 
	 
	 	 	 	 	 
	By:	 	TCW (ENERGY X) LLC, its

General Partner	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:	 	TCW Asset Management

Company, its Managing Member	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Kurt  Talbot	 	By:
	 	/s/ Kurt  Talbot	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Kurt  Talbot	 	Name:	 	Kurt  Talbot	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Patrick Hickey	 	By:
	 	/s/ Patrick Hickey	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Patrick Hickey	 	Name:	 	Patrick Hickey	 	 
	Title:

	 	Senior Vice President	 	Title:	 	Senior Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	2079517 ONTARIO LIMITED	 	 
	 
	 	 	 	 
	By:

	 	/s/ Don Morrison	 	 
	 

	 	 	 	 
	Name:
	 	Don Morrison	 	 
	Title:
	 	Director	 	 
	 
	 	 	 	 
	By:

	 	/s/ Mary Chaney	 	 
	 

	 	 	 	 
	Name:
	 	Mary Chaney	 	 
	Title:
	 	Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	MAGNETAR CAPITAL MASTER

FUND, LTD.	 	 
	 
	 	 	 	 
	By:

	 	Magnetar Financial LLC, its

Investment Manager	 	 
	 
	 	 	 	 
	By:

	 	/s/ Paul Smith	 	 
	 

	 	 	 	 
	Name:

	 	Paul Smith	 	 
	Title:

	 	General Counsel	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	BLACKROCK, INC. on behalf of
ALL-CAP ENERGY HEDGE FUND LLC	 	BLACKROCK, INC. on behalf of
EDISON SOURCES LTD.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Dan Rice
	 	By:
	 	/s/ Dan Rice	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Dan Rice	 	Name:	 	Dan Rice	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	BLACKROCK, INC. on behalf of
RAYTHEON MASTER PENSION
TRUST #2 ALL CAP ENERGY ACCOUNT	 	BLACKROCK, INC. on behalf of
RAYTHEON COMBINED DB-DC
MASTER TRUST ALL CAP ENERGY	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Dan Rice
	 	By:
	 	/s/ Dan Rice	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Dan Rice	 	Name:	 	Dan Rice	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	BLACKROCK, INC. on behalf of
RAYTHEON MASTER PENSION
TRUST ALL CAP ENERGY ACCOUNT	 	BLACKROCK, INC. on behalf of
RAYTHEON MASTER PENSION
TRUST ENERGY HEDGE ACCOUNT	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Dan Rice
	 	By:
	 	/s/ Dan Rice	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Dan Rice	 	Name:	 	Dan Rice	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	BLACKROCK, INC. on behalf of
RAYTHEON COMBINED DB/DC
MASTER TRUST ENERGY HEDGE
ACCOUNT	 	BLACKROCK, INC. on behalf of
SSR ENERGY AND NATURAL
RESOURCES HEDGE FUND LLC	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Dan Rice
	 	By:
	 	/s/ Dan Rice	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Dan Rice	 	Name:	 	Dan Rice	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 
	 
	 	 	 	 	 	 	 	 
	BLACKROCK, INC. on behalf of
UNIVERSITY OF TEXAS GENERAL
ENDOWMENT FUND ALL CAP ENERGY PORTFOLIO 	 	BLACKROCK, INC. on behalf of
UNIVERSITY OF TEXAS PERMANENT
UNIVERSITY FUND ALL CAP ENERGY PORTFOLIO	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Dan Rice
	 	By:
	 	/s/ Dan Rice	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Dan Rice	 	Name:	 	Dan Rice	 	 
	Title:

	 	Managing Director	 	Title:	 	Managing Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	VIKING GLOBAL EQUITIES LP	 	VGE III PORTFOLIO LTD.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Brian Smith
	 	By:
	 	/s/ Brian Smith	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Brian G. Smith
	 	Name:
	 	Brian G. Smith	 	 
	Title:

	 	Chief Financial Officer
	 	Title:
	 	 Chief Financial Officer	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	TREATY OAK MASTER FUND, LP	 	TREATY OAK IRONWOOD, LTD.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Jenny McCann
	 	By:
	 	/s/ Jenny McCann	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Jenny McCann	 	Name:	 	Jenny McCann	 	 
	Title:

	 	CFO	 	Title:	 	CFO	 	 
	 
	 	 	 	 	 	 	 	 
	TREATY OAK ACORN FUND, LP	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Jenny McCann	 	 	 	 	 	 
	 

	 	 	 	 	 	 	 	 
	Name:
	 	Jenny McCann	 	 	 	 	 	 
	Title:
	 	CFO	 	 	 	 	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	STRATEGIC ENERGY FUND	 	 
	 
	 	 	 	 
	By:

	 	/s/ Glenn MacNeill	 	 
	 

	 	 	 	 
	Name:
	 	Glenn MacNeill	 	 
	Title:
	 	V. P. Investments	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	HOPLITE PARTNERS, L.P.	 	HOPLITE OFFSHORE FUND, LTD.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ John T. Lykouretzos
	 	By:
	 	/s/ John T. Lykouretzos	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	John T. Lykouretzos	 	Name:	 	John T. Lykouretzos	 	 
	Title:

	 	Managing Member	 	Title:	 	Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	FRONTPOINT ENERGY HORIZONS
FUND, L.P.	 	 
	 
	 	 	 	 
	By:

	 	/s/ Arthur J. Lev	 	 
	 

	 	 	 	 
	Name:
	 	By: Frontpoint Energy Horizons Fund GP, LLC, 

as general partner 
By Arthur J. Lev.	 	 
	Title:
	 	Authorized Signatory	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	DEEPHAVEN RELATIVE VALUE
EQUITY TRADING, LTD.	 	 
	 
	 	 	 	 
	By:

	 	/s/ Deb Roesler	 	 
	 

	 	 	 	 
	Name:
	 	Deb Roesler	 	 
	Title:
	 	CFO	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	CHILTON NEW ERA INTERNATIONAL,
L.P.	 	CHILTON NEW ERA PARTNERS, LP.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Chilton Investment Company LLC,

General Partner
	 	By:
	 	Chilton Investment Company

LLC, General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Norman B. Champ III
	 	By:
	 	/s/ Norman B. Champ III	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Norman B. Champ III
	 	Name:
	 	Norman B. Champ III	 	 
	Title:

	 	Executive Vice President
	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 	 	 
	CHILTON SMALL CAP
INTERNATIONAL, L.P.	 	CHILTON SMALL CAP PARTNERS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Chilton Investment Company LLC,

General Partner
	 	By:
	 	Chilton Investment Company LLC,

General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Norman B. Champ III
	 	By:
	 	/s/ Norman B. Champ III	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Norman B. Champ III
	 	Name:
	 	Norman B. Champ III	 	 
	Title:

	 	Executive Vice President
	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 	 	 
	CHILTON GLOBAL NATURAL
RESOURCES PARTNERS, L.P.	 	CHILTON QP INVESTMENT PARTNERS
L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Chilton Investment Company LLC,

General Partner
	 	By:
	 	Chilton Investment Company LLC,

General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Norman B. Champ III
	 	By:
	 	/s/ Norman B. Champ III	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Norman B. Champ III
	 	Name:
	 	Norman B. Champ III	 	 
	Title:

	 	Executive Vice President
	 	Title:
	 	Executive Vice President	 	 
	 
	 	 	 	 	 	 	 	 
	CHILTON INTERNATIONAL, L.P.	 	CHILTON INVESTMENT PARTNERS,
L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Chilton Investment Company LLC,

General Partner
	 	By:
	 	Chilton Investment Company LLC,

General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Norman B. Champ III
	 	By:
	 	/s/ Norman B. Champ III	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Norman B. Champ III
	 	Name:
	 	Norman B. Champ III	 	 
	Title:

	 	Executive Vice president
	 	Title:
	 	Executive Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 	 	 	 	 
	CHILTON OPPORTUNITY TRUST, L.P.	 	CHILTON GLOBAL PARTNERS, L.P.	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	Chilton Investment Company LLC,

General Partner
	 	By:
	 	Chilton Investment Company LLC,

General Partner	 	 
	 
	 	 	 	 	 	 	 	 
	By:

	 	/s/ Norman B. Champ III
	 	By:
	 	/s/ Norman B. Champ III	 	 
	 

	 	 
	 	 	 	 	 	 
	Name:

	 	Norman B. Champ III
	 	Name:
	 	Norman B. Champ III	 	 
	Title:

	 	Executive Vice President
	 	Title:
	 	Executive Vice President	 	 

	 	 	 	 	 
	CHILTON OPPORTUNITY
INTERNATIONAL, LP.	 	 
	 
	 	 	 	 
	By:

	 	Chilton Investment Company LLC,

General Partner	 	 
	 
	 	 	 	 
	By:

	 	/s/ Norman B. Champ III	 	 
	 

	 	 	 	 
	Name:

	 	Norman B. Champ III	 	 
	Title:

	 	Executive Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	FIDUCIARY TRUST INTERNATIONAL
COMPANY, custodian for PAUL J. ISAAC	 	 
	 
	 	 	 	 
	By:

	 	/s/ Pamela Taitt	 	 
	 

	 	 	 	 
	Name:

	 	Pamela D. Taitt	 	 
	Title:

	 	Assistant Vice President	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	ARBITER PARTNERS LP, by its general partner, 

BROKEN CLOCK MANAGEMENT LLC	 	 
	 
	 	 	 	 
	By:

	 	/s/ Paul J. Isaac	 	 
	 

	 	 	 	 
	Name:

	 	Paul J. Isaac	 	 
	Title:

	 	Managing Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	AMBER MASTER FUND (CAYMAN) SPC,
on behalf of SEGREGATED PORTFOLIO X
and SEGREGATED PORTFOLIO Y	 	 
	 
	 	 	 	 
	By:

	 	/s/ Michel Brogard 	 	 
	 

	 	 	 	 
	Name:

	 	Michel Brogard	 	 
	Title:

	 	Director	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	/s/

	 	/s/ Jon Baker
	 	 
	 

	 	 	 	 
	Witness as to the signature of Jon Baker

	 	JON BAKER	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	Witness as to the signature of Rich Meli

	 	RICH MELI	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	Witness as to the signature of Steven J.
Buchanan

	 	STEVEN J. BUCHANAN	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	 

	 	 	 	 
	Witness as to the signature of Jon Baker

	 	JON BAKER
	 	 
	 
	 	 	 	 
	/s/

	 	/s/ Rich Meli	 	 
	 

	 	 	 	 
	Witness as to the signature of Rich Meli

	 	RICH MELI	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	Witness as to the signature of Steven J.
Buchanan

	 	STEVEN J. BUCHANAN	 	 

[This is a counterparty page to the Registration Rights Agreement.]

 

	 	 	 	 	 
	 

	 	 	 	 
	Witness as to the signature of Jon Baker

	 	JON BAKER
	 	 
	 
	 	 	 	 
	 

	 	 	 	 
	Witness
as to the signature of Rich Meli

	 	RICH MELI	 	 
	 
	 	 	 	 
	/s/

	 	/s/ Steven J. Buchanan	 	 
	 

	 	 	 	 
	Witness as to the signature of Steven J.
Buchanan

	 	STEVEN J. BUCHANAN	 	 

[This is a counterparty page to the Registration Rights Agreement.]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00149-of-00352.parquet"}]]