3.1 Securities Regulatory Relief

(a) The Corporation shall use reasonable commercial efforts to obtain, prior to the Effective Date, an appropriate exemption order from the Ontario Securities Commission that will permit the distribution of First Equity Shares to all Eligible Qualifying Brewers (as well as all communications with such Eligible Qualifying Brewers in furtherance of such distribution) on a basis that will not require compliance with the prospectus and registration requirements of Ontario securities laws.

(b) The Corporation shall keep the Province informed as to the progress of its efforts pursuant to Section 3.1(a) and shall provide the Province and its advisors with opportunities to comment and provide input throughout such process. The Province will cooperate with the Corporation in its dealing with the Ontario Securities Commission in obtaining such exemption order.

3.2 Subscription by Eligible Qualifying Brewers for First Equity Shares

(a) The Corporation shall provide Eligible Qualifying Brewers during the period prior to the Effective Date with the opportunity to subscribe for 100 First Equity Shares each, effective as of the Effective Date, and shall provide such Eligible Qualifying Brewers with all reasonable information in a timely way to enable each Eligible Qualifying Brewer to evaluate the opportunity to so subscribe for First Equity Shares and to complete such subscription prior to the Effective Date.

(b) The Corporation shall keep the Province informed as to the progress of the subscriptions contemplated by Section 3.2(a) and shall provide the Province and its advisors with opportunities to comment (including on the materials to be provided to Qualifying Brewers as contemplated by Section 3.2(a)) and provide input throughout such process.

(c) After the Effective Date, the Corporation shall provide Qualifying Brewers from time to time with the opportunity to subscribe for 100 First Equity Shares each.