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PRVT » Topics » Section 6.2 Retraction of Retracted Shares

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

Section 6.2 Retraction of Retracted Shares

Subject to the exercise by Callco of the Retraction Call Right, upon receipt by Corporation in the manner specified in Section 6.1 hereof of the certificate or certificates representing all but not less than all of the Exchangeable Shares of the holder which the holder desires to have Corporation redeem, together with a Retraction Request, Corporation shall redeem the Retracted Shares effective at the close of business on the Retraction Date and shall cause to be delivered to such holder the Exchangeable Share Consideration representing the total Retraction Price with respect to such Exchangeable Shares in accordance with Section 6.3 hereof.

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