Stock Option Plan Transition Guide

1. How to use this template • Description • This template allows you to explain the rules/details of your plan, as well as introduce Solium as your new Administrator. Use the slides you find applicable and customize content according to your plan rules. Create slide notes to assist the presenter with the presentation of the information. • Goal • Inform plan participants of plan information and transition to Solium • Timing • Date of launch (Go LIVE date) • Distribution • Webinar, presentations, road shows, intranet • Branding • Use your branding, corporate PowerPoint template

2. Plan Name Jane SmithDecember 15, 2008

3. Agenda Section I: Plan Overview Section II: Plan Administration Section III: Managing your portfolio through Shareworks Section IV: Key Dates

4. Section I Plan Overview

5. Stock Market • Why own stock? • Benefit from Company success • Receive voting rights (if applicable) • Investment vehicle • What is an option? • A company grants an employee the right to purchase shares of the company at some time in the future at a specified price

6. <Company> Stock Price • Stock Symbol: <stock symbol> • Exchange: <exchange> • Current price: <$price> Customization Tip: Include graph of stock performance for last 6 months, etc. to portray the increase (or decrease) in stock performance over time.

7. Benefits of <Plan Name> • Employee reward / incentive plan • Opportunity to hold <Company> stock • <Company’s> success = your success

8. Grant Parameters • Award schedule • Grant price • Vesting rules • Expiry dates • # of options/awards • Termination/extended leave rules

9. Tax Implications

10. Common Terms • Company Proceeds • The amount you must pay back to the company for the options • # of options x grant price • Stock Option Benefit • The benefit (gain) is the difference between the Grant price and the Market price at the time of transaction • # of options x [market price – grant price] • Participant Proceeds • The amount the participant receives after deductions are made, such as company proceeds, tax withholding, brokerage commission, and transaction fees • In the money • The market price at time of exercise is higher than the grant price • Underwater • The market price at time of exercise is lower than the grant price

11. Exercise/Redemption Example 1,000 options granted at $10 Exercised at market price of $20 Tax withholding rate is 39% • Trade Proceeds • 1,000 shares x $20/share = $20,000 • Cost of Options (Company Proceeds) • 1,000 shares x $10/share = $10,000 • Stock Option Benefit (Trade Proceeds – Cost of Options) • $20,000 - $10,000 = $10,000 • Participant Proceeds* • $10,000 – (39%) = $10,000 - $3,900 = $6,100 * Less applicable transaction, banking fees, and brokerage commission

12. Blackout Periods

13. Exercise Types Type 1 - Exercise and sell all shares on the market • An optionee can take the options, convert them to stock and sell all of the stock immediately. The Stock Options and Awards module facilitates a "cashless exercise" where optionees convert their options into stock without having to put up personal funds. Payment to the company is made upon the settlement of the sale proceeds. • Type 1.5 -Exercise options, sell just enough shares to pay for the options and hold the remaining shares • An optionee can convert their options to stock, sell a portion of the stock and hold the remainder to sell at a later date. The Stock Options and Awards module facilitates a "cashless exercise" where optionees convert the necessary amount of options into stock without having to put up personal funds. The optionee will then be provided a share certificate for the remaining shares. • Type 2 - Exercise options and hold the stock • An optionee can convert the options to stock, and hold the stock. This is not a cashless exercise. The optionee must provide payment for the stock. Solium must receive a certified cheque from the optionee within three business days of the exercise and hold submission to proceed with the exercise and the production of a share certificate to the optionee.

14. Order Types • Market Order • Sell your shares at the current market price • Limit Order • Specify the price you would like to sell your shares • Valid for 30 calendar days; if the market price does not meet the limit order price, the order will be cancelled

15. Section II Plan Administrator

16. New Plan Administrator Solium Capital Inc www.solium.com

17. Benefits of Solium • Login online to your Shareworks account anytime, anywhere • Direct access to financial markets for seamless transactions • Self-serve online statements • View complete history of all transactions • Automated alerts on vesting periods, expiry of awards, and blackouts • Discounted brokerage fees • No need for individual brokerage accounts • Phone and email support • Bi-lingual service center • Service Center hours are 6am to 6pm MT, Monday through Friday • Available to answer your questions or support you through the exercise process

18. Section III Managing your portfolio through Shareworks

19. Step 1: Account Activation • Open your Shareworks account online at www.solium.com/activate • Complete short activation form requesting contact information • Your Shareworks account details will be mailed to you

20. Step 2: Login to Shareworks • Log in at www.solium.com/login • Enter Account Number and Password • Review and Accept Agreement(s) • Verify grant information

21. Step 3: Manage Your Profile • Go to the Personal Profile & Passwords tab to manage your: • contact information such as mailing address, phone numbers, and personal email • bank account information • brokerage account information • login and transaction passwords • alternate login

22. Exercising Your Options Step 1 - Parameters • Enter the number of options you would like to exercise • Select the type of exercise (Type 1, 1.5, 2) • Select Grant Price (Original vs. Diminished) (if applicable) Step 2 - Delivery • Choose how you would like to receive your proceeds (Direct Deposit, Bank Wire, Cheque by Mail) Step 3 - Specify Order Type • Choose order type (Market or Limit)

23. Exercising Your Options – Cont’d Step 4 - Review Agreement • Read and accept an Exercise Direction letter that outlines your exercise details Step 5 - Verify • Verify your exercise details, instructions, and order information • Enter your transaction password Step 6 - Confirmation • Once exercise is completed, you will receive a confirmation number

24. Fees • Solium Transaction Fees • $XX transaction fee • $XX additional fee when placing Limit Orders • $XX additional fee when transacting through Solium’s Service Center • Brokerage Commission • $XX for trades < 1000 shares • $0.0X for trades >= 1000 shares

25. Fees – Cont’d • Disbursement Fees • Cheque by Mail (CAD) – $XX CAD • Cheque by Mail (USD) - $XX USD • Direct Deposit (Canada Only) - $XX CAD • Bank Wire (Within Canada) - $XX CAD • Bank Wire ($US to US bank) - $XX USD • Bank Wire (International) - $XX CAD

26. Section IV Key Dates

27. Key Dates • Launch on Shareworks: • Activate accounts by:

28. Employee Action Customization Tip: If applicable, you may want to includes steps that employees need to take, etc

29. Contact Solium Online: www.solium.com Email: help@solium.com Calgary: 403.515.3909 North America: 1.877.380.7793 International: International code + 1+ 403.515.3909 Hours: 6am - 6pm MT, Monday - Friday Customization Tip: Adjust the time zone based on your audience.

30. Questions?