Preference Shares

The Series A preference shares are entitled to a preference over the Common Shares in respect of the

payment of dividends and return of capital in the event of liquidation, dissolution or winding up of the Company.

The holder of each Series A preference share is entitled to receive, as and when declared by the directors out of the

monies properly applicable to the payment of dividends, preferential non-cumulative cash dividends at the rate of

eight percent per share per annum of the amount paid to the Company for such share and no more. The holder of

each Series A preference share shall have the right to two votes for such Series A preference share at all meetings of

shareholders, other than meetings of the holders of another class or series of shares. In the event of the liquidation,

dissolution or winding up of the Company, the holder of each Series A preference share shall be entitled to receive

the amount paid to the Company for such share, together with all unpaid dividends declared