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PRVT » Topics » Section 2.1 Ranking of Exchangeable Shares

This excerpt taken from the PRVT 8-K filed Nov 3, 2009.

Section 2.1 Ranking of Exchangeable Shares

The Exchangeable Shares shall be entitled to a preference, as provided in Article 5, over the Common Shares and any other shares ranking junior to the Exchangeable Shares with respect to the distribution of assets in the event of the liquidation, dissolution or winding-up of Corporation, whether voluntary or involuntary, or any other distribution of the assets of Corporation among its members for the purpose of winding up its affairs.

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