Today is 10 Business Days after the Closing Date.
Allotment Period has the meaning given in clause 3.3;
3.3 In respect of application monies received from an Eligible Member, the Company will, within 10
Business Days after the Closing Date ("Allotment Period"):
(a) Credit that Eligible Member with so much of the application monies as does not exceed $5,000 when added to all other application monies (if any) received from the Eligible Member in the preceding 12 months, pursuant to the SSPP ("Allowable Cash Contribution");
(b) Determine the maximum number of additional Shares rounded up to the nearest whole number, priced in accordance with clause 5.1 which may be acquired by the Eligible Member using the amount of Allowable Cash Consideration credited to the Eligible Member;
(c) Allot to the Eligible Member such number of Shares referrable to the Allowable Cash Contribution; and
(d) Return to the Eligible Member so much of the application monies, if any, received from them as exceeds the Allowable Cash Contribution.
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