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<SEC-DOCUMENT>0000950123-10-081946.txt : 20100830
<SEC-HEADER>0000950123-10-081946.hdr.sgml : 20100830
<ACCEPTANCE-DATETIME>20100830060309
ACCESSION NUMBER:		0000950123-10-081946
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20100830
FILED AS OF DATE:		20100830
DATE AS OF CHANGE:		20100830

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Canadian Solar Inc.
		CENTRAL INDEX KEY:			0001375877
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33107
		FILM NUMBER:		101045342

	BUSINESS ADDRESS:	
		STREET 1:		675 COCHRANE DRIVE, EAST TOWER
		STREET 2:		6TH FLOOR
		CITY:			MARKHAM
		STATE:			A6
		ZIP:			L3R 0B8
		BUSINESS PHONE:		(85-512) 6690-8088

	MAIL ADDRESS:	
		STREET 1:		NO. 199 LUSHAN ROAD, SUZHOU NEW DISTRICT
		STREET 2:		SUZHOU
		CITY:			JIANGSU
		STATE:			F4
		ZIP:			215129
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>h04442e6vk.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
<TITLE>6-K</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 1pt solid black; font-size: 1pt">&nbsp;</DIV>






<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>Washington D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 12pt"><B>Form&nbsp;6-K</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>REPORT OF FOREIGN PRIVATE ISSUER<BR>
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE<BR>
SECURITIES EXCHANGE ACT OF 1934</B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>For the month of August&nbsp;2010</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>Commission File Number: 001-33107</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B>CANADIAN SOLAR INC.</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 12pt"><B><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></B>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>No.&nbsp;199 Lushan Road<BR>
Suzhou New District<BR>
Suzhou, Jiangsu 215129<BR>
People&#146;s Republic of China<BR>
(Address of principal executive office)</B></DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 16pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Indicate by check mark whether the registrant files or will file annual reports under cover of Form&nbsp;20-F or Form&nbsp;40-F.
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">Form&nbsp;20-F <FONT face="Wingdings">&#254;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form&nbsp;40-F <FONT face="Wingdings">&#111;</FONT>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation&nbsp;S-T Rule&nbsp;101(b)(1): <FONT face="Wingdings">&#111;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation&nbsp;S-T Rule&nbsp;101(b)(7): <FONT face="Wingdings">&#111;</FONT>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Indicate by check mark whether the registrant by furnishing the information contained in this Form
is also thereby furnishing the information to the Commission pursuant to Rule&nbsp;12g3-2(b) under the
Securities Exchange Act of 1934.
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">Yes <FONT face="Wingdings">&#111;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No <FONT face="Wingdings">&#254;</FONT>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with Rule&nbsp;12g3-2(b):
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">82- <U>&nbsp;&nbsp;&nbsp;N/A&nbsp;&nbsp;&nbsp;</U>

</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 1pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">







<DIV align="left">
<!-- TOC -->
</DIV>
<DIV align="left">
<A name="tocpage"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">CANADIAN SOLAR INC.
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">Form&nbsp;6-K

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt">TABLE OF CONTENTS

</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="88%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="3%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#101">Signature</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="right">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD><DIV style="margin-left:15px; text-indent:-15px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD><DIV style="margin-left:15px; text-indent:-15px"><A href="#102">Exhibit&nbsp;Index</A></DIV></TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<!-- End Table Body -->
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="h04442exv20w1.htm">Exhibit 20.1 - Notice of Annual and Special Meeting of Shareholders</A></FONT></TD></TR>
<TR><TD colspan="9"><FONT size="2">&nbsp;<A HREF="h04442exv20w2.htm">Exhibit 20.2 - Management Information Circular</A></FONT></TD></TR>
</TABLE>
</DIV>

<DIV align="left">
<!-- /TOC -->
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left">
<A name="101"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">SIGNATURE
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left">CANADIAN SOLAR INC.<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/ Shawn (Xiaohua) Qu
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left" colspan="2">Shawn (Xiaohua) Qu&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left" colspan="2">Chairman, President and<BR>Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
</TABLE>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Date: August&nbsp;30, 2010
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#tocpage">Table of Contents</A></H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left">
<A name="102"></A>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">EXHIBIT INDEX
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Exhibit&nbsp;20.1 &#151; Notice of Annual and Special Meeting of Shareholders<BR>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Exhibit&nbsp;20.2 &#151; Management Information Circular
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-20.1
<SEQUENCE>2
<FILENAME>h04442exv20w1.htm
<DESCRIPTION>EXHIBIT 20.1 - NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 20.1</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;20.1</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CANADIAN SOLAR INC.<BR>
130 King Street West, Suite&nbsp;1600, The Exchange Tower<BR>
Toronto, Canada M5X 1J5</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOTICE IS HEREBY GIVEN that an annual and special meeting (the &#147;Meeting&#148;) of shareholders of
Canadian Solar Inc. (the &#147;Corporation&#148;) will be held at Latham &#038; Watkins LLP, 49th Floor, Jin Mao
Tower, 88 Century Boulevard, Pudong, Shanghai 200121, People&#146;s Republic of China, on Monday,
September&nbsp;20<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>, 2010 at 10:00a.m. (local time) for the following purposes:
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to receive the audited consolidated financial statements of the
Corporation for the financial year ended December&nbsp;31, 2009, together with the
auditors&#146; report thereon and the notes thereto;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to elect directors of the Corporation;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to reappoint Deloitte Touche Tohmatsu CPA, Ltd. as the auditors of
the Corporation and to authorize the directors of the Corporation to fix
their remuneration;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to consider and, if thought fit, to approve an ordinary resolution
approving an amended and restated share incentive plan of the Corporation
(the &#147;<B>Amended Plan</B>&#148;); and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>to transact such other business as properly may be brought before
the Meeting or any adjournment thereof.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The matters to be dealt with at the Meeting are described in the management information
circular of the Corporation accompanying this Notice (the &#147;<B>Circular</B>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Shareholders are entitled to appoint a proxy to attend and act for and on behalf of them at
the Meeting. Shareholders who are unable to attend the Meeting in person and who wish to ensure
that their common shares are voted at the Meeting are requested to complete, sign and return the
accompanying form of proxy in accordance with the instructions set out therein and in the Circular.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>DATED: </B>August&nbsp;30, 2010.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%"><B>BY ORDER OF THE BOARD OF DIRECTORS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt; margin-left: 50%">/s/ Shawn (Xiaohua) Qu<BR>
<B>Shawn (Xiaohua) Qu<BR>
Chairman of the Board, President and<BR>
Chief Executive Officer</B>

</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio --><!-- /Folio -->
</DIV>



</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-20.2
<SEQUENCE>3
<FILENAME>h04442exv20w2.htm
<DESCRIPTION>EXHIBIT 20.2 - MANAGEMENT INFORMATION CIRCULAR
<TEXT>
<HTML>
<HEAD>
<TITLE>Exhibit 20.2</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<DIV style="font-family: 'Times New Roman',Times,serif">

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->

<DIV align="right" style="font-size: 10pt; margin-top: 12pt"><B>Exhibit&nbsp;20.2</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>MANAGEMENT INFORMATION CIRCULAR</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 12pt"><B>INFORMATION INCORPORATED BY REFERENCE</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Certain information contained in this management information circular (the &#147;<B>Circular</B>&#148;) has
been incorporated by reference from the annual report on Form 20-F (the &#147;<B>Form&nbsp;20-F</B>&#148;) of Canadian
Solar Inc. (the &#147;<B>Corporation</B>&#148;) for the year ended December&nbsp;31, 2009, which has been filed with the
United States Securities and Exchange Commission and is attached hereto.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>VOTING INFORMATION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Solicitation of Proxies</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Circular is furnished in connection with the solicitation of proxies by management of the
Corporation for use at the annual and special meeting of shareholders of the Corporation (the
&#147;<B>Meeting</B>&#148;) to be held at the time and place and for the purposes set forth in the notice of meeting
accompanying this Circular (the &#147;<B>Notice</B>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The solicitation of proxies will be primarily by mail, but proxies may also be solicited by
telephone, in writing or in person by the directors, officers and regular employees of the
Corporation. The Corporation may also use the services of a proxy solicitation firm. The cost of
the solicitation of proxies will be borne by the Corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Appointment of Proxies</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The individuals named in the accompanying form of proxy are directors and/or officers of the
Corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>A shareholder has the right to appoint a person (who need not be a shareholder) other than the
persons named in the accompanying form of proxy to be the proxy of the shareholder at the Meeting
and may exercise this right either by inserting that person&#146;s name in the blank space provided in
the accompanying form of proxy or by completing another proper form of proxy</B>. To be effective, completed proxies must be received by BNY Mellon Shareowner Services by mail, in the
enclosed return envelope, at least 48 hours (excluding Saturdays, Sundays and holidays) before
the time of the Meeting or any adjournment thereof or be deposited with the chairman of the Meeting
before the commencement of the Meeting or any adjournment thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Revocation of Proxies</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proxies given by shareholders for use at the Meeting may be revoked at any time before their
use. In addition to revocation in any manner permitted by law, a proxy may be revoked by
depositing an instrument in writing signed by the shareholder or by the shareholder&#146;s attorney duly
authorized in writing with BNY Mellon Shareowner Services by mail or hand delivery to the Proxy
Department, 480 Washington Boulevard, Jersey City, New Jersey, 07310-1900 United States of America
at least 48 hours (excluding Saturdays, Sundays and holidays) before the time of the Meeting or any
adjournment thereof or be deposited with the chairman of the Meeting before the commencement of the
Meeting or any adjournment thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Voting and Discretion of Proxies</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The common shares represented by the proxies solicited by management pursuant to this Circular
will be voted in accordance with the directions contained therein.
</DIV>
</DIV>
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">
<P align="center" style="font-size: 10pt"><!-- Folio -->-&nbsp;2&nbsp;-<!-- /Folio -->

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>If no directions are given, the common shares will be voted FOR:</B>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the election of the five proposed nominees for election as directors
named in the Circular;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the appointment of Deloitte Touche Tohmatsu CPA, Ltd. as the auditors
of the Corporation and the authorization of the directors of the Corporation to
fix their remuneration; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an ordinary resolution (the &#147;<B>Amended Plan Resolution</B>&#148;) approving an
amended and restated share incentive plan of the Corporation (the &#147;<B>Amended
Plan</B>&#148;).</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The accompanying form of proxy confers discretionary authority on the persons named therein in
respect of amendments or variations to the matters referred to in this Circular and in respect of
other matters that may properly come before the Meeting or any adjournment thereof. Management of
the Corporation knows of no such amendments or variations or other matters that may properly come
before the Meeting but, if any such amendments or variations or other matters properly come before
the Meeting, the persons named in the accompanying form of proxy will vote thereon in accordance
with their best judgement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Voting Shares</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders of record on Thursday<B>, </B>August&nbsp;26, 2010 are entitled to receive notice of and vote
at the Meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The authorized capital of the Corporation consists of an unlimited number of common shares.
As of July&nbsp;31, 2010, there are 43,456,558 common shares outstanding. All of the outstanding common
shares may be voted at the Meeting. Shareholders are entitled to one vote for each common share
held by them.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Principal Shareholders</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;To the knowledge of the directors and executive officers of the Corporation, the only persons
who beneficially own, directly or indirectly, or exercise control or direction over voting
securities of the Corporation carrying 5% or more of the voting rights attached to any class of
voting securities of the Corporation are set out in Item&nbsp;6E &#147;Share Ownership&#148; of Form 20-F.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Required Approval</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All matters to be dealt with at the Meeting require the approval of a majority of the votes
cast on the matter.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>BUSINESS OF MEETING</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Consolidated Financial Statements</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The audited consolidated financial statements of the Corporation for the financial year ended
December&nbsp;31, 2009, together with the auditors&#146; report thereon and the notes thereto, accompany this
Circular and will be submitted to the Meeting. Receipt of the audited consolidated financial
statements will not constitute approval or disapproval of any matters referred to therein.
</DIV>
</DIV>
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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Election of Directors</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The articles of the Corporation require that the Corporation have a minimum of three directors
and a maximum of ten directors. The articles also provide that the actual number of directors
within the specified minimum and maximum may be determined from time to time by resolution of the
directors. The board of directors of the Corporation (the &#147;<B>Board</B>&#148;) has by resolution fixed the
number of directors of the Corporation to be elected at the Meeting, within the specified minimum
and maximum, at five. The term of office of each of the current directors expires on the election
of directors at the Meeting.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management of the Corporation intends to nominate the individuals named below for election as
directors of the Corporation. The Corporation has not received notice, and management of the
Corporation is not aware, of any other nominees for election as directors of the Corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following table sets out the name and province or state and country of residence of each
individual proposed to be nominated for election as a director of the Corporation at the Meeting
and his current position with the Corporation. See Item&nbsp;6A &#147;Directors and Senior Management&#148;, Item
6C &#147;Board Practices &#151; Committees of the Board of Directors&#148; and Item&nbsp;6E &#147;Share Ownership&#148; of Form
20-F for the following additional information with respect to each individual proposed to be
nominated for election as director of the Corporation at the Meeting: the period during which he
has served as a director, the Board committees of which he is a member, his principal occupation
and the number of common shares beneficially owned, directly or indirectly, or controlled or
directed by him.
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="45%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="50%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Name and Municipality of Residence</B></TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000"><B>Current Position(s) with the Corporation</B></TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Shawn (Xiaohua) Qu<BR></B>
Suzhou, People&#146;s Republic of China
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chairman of the Board, President and
Chief Executive Officer</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Arthur Chien<BR></B>
Beijing, People&#146;s Republic of China
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director and Chief Financial Officer</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Robert McDermott<BR></B>
Toronto, Ontario, Canada
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Lead Independent Director</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Lars-Eric Johansson<BR></B>
London, The United Kingdom
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom" style="background: #cceeff">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px"><B>Michael G. Potter<BR></B>
Portland, Oregon, United States of America
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Appointment of Auditors</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management of the Corporation proposes that Deloitte Touche Tohmatsu CPA, Ltd. be re-appointed
auditors of the Corporation and that the directors of the Corporation be authorized to fix their
remuneration. Deloitte Touche Tohmatsu CPA, Ltd. have been auditors of the Corporation since
December&nbsp;2005.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>The Amended Plan</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In March&nbsp;2006, the Corporation adopted a share incentive plan (the &#147;<B>Plan</B>&#148;). The purpose of
the Plan is to promote the success and enhance the value of the Corporation by linking the personal
interests of the directors, officers and employees to those of the shareholders and providing the
directors, officers and employees with an incentive for outstanding performance to generate superior returns to
the shareholders. The Plan is also intended to motive, attract and retain the services of the
directors, officers and employees upon whose judgment, interest and effort the successful conduct
of the Corporation&#146;s operations is largely dependent. Under the Plan, the Corporation may grant
options to purchase common
</DIV>
</DIV>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">shares and restricted shares (which are non-transferable common shares
without voting or dividend rights). The Plan is administered by the Compensation Committee of the
Board.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On August&nbsp;10<B>, </B>2010, the Board approved the Amended Plan subject to the approval of the Amended
Plan Resolution by the shareholders. Pursuant to the rules of the Nasdaq Global Market, in order
to be effective, the Amended Plan Resolution requires the approval of a simple majority of the
shareholders of the Corporation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A copy of the full text of the Amended Plan is attached to this Circular as Schedule&nbsp;1 and a
copy of the text of the Amended Plan Resolution is attached to this Circular as Schedule&nbsp;2.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following are the principal changes to the Plan made by the Amended Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Increase in Maximum Number of Shares that may be Issued</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amended Plan changes the maximum number of common shares that may be issued pursuant to
all awards granted under the Plan from 2,330,000 plus 1% of the number of outstanding common shares
on the first day of each year beginning 2007 (the &#147;<B>Current Maximum</B>&#148;) to 2,330,000 plus the sum of
(a)&nbsp;1% of the number of outstanding common shares on the first day of each 2007, 2008 and 2009 and
(b)&nbsp;2.5% of the number of outstanding common shares on the first day of each year after 2009 (the
&#147;<B>Proposed Maximum</B>&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As at July&nbsp;31, 2010, the maximum number of common shares which may be issued pursuant to all
awards of options and restricted shares under the Plan is 3,658,700 shares, of which 2,471,011
options and 566,190 restricted shares (in both cases net of forfeitures) have been awarded, leaving
621,499 shares available to be issued.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The number of full-time employees of the Corporation has grown significantly since the
Corporation went public in 2006 (from 284 as at December&nbsp;31, 2006 to 7,106 as at December&nbsp;31,
2009). Management of the Corporation believes that increasing the maximum number of common shares
which may be issued pursuant to all awards of options and restricted shares under the Plan from the
Current Maximum to the Proposed Maximum is necessary to permit the Corporation to continue to
attract, retain and motivate officers and key employees of the Corporation and its subsidiaries.
The Current Maximum does not permit the Corporation to make adequate awards to existing and new
employees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Elimination of Add-back of Certain Issued Shares</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amended Plan eliminates the provision which does not count those common shares used to pay
the exercise price of, or the withholding tax payable on the exercise of, a participant&#146;s options
as having been issued under the Plan thereby, in effect, increasing the maximum number of common
shares which may be issued pursuant to all awards of options and restricted shares under the Plan.
Management believes that this change makes the Amended Plan fairer to shareholders.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B><I>Clerical Amendments</I></B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Amended Plan makes a number of clerical amendments to the Plan which are intended to
improve the clarity and administration of the Amended Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Other Business</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Management of the Corporation knows of no other matters that may properly come before the
Meeting.
</DIV>
</DIV>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>STATEMENT OF EXECUTIVE COMPENSATION</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>General</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item&nbsp;6B &#147;Compensation of Directors and Executive Officers &#151; Cash Compensation and
Share-based Compensation&#148; and Item&nbsp;6C &#147;Board Practices &#151; Director Agreements and Indemnification of
Directors and Officers&#148; of Form 20-F.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Employment and Management Contracts</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item&nbsp;6C &#147;Board Practices &#151; Employment Agreements&#148; of Form 20-F.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Compensation of Directors</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item&nbsp;6B &#147;Compensation of Directors and Executive Officers &#151; Cash Compensation&#148; and Item&nbsp;6C
&#147;Board Practices &#151; Director Agreements and Indemnification of Directors and Officers&#148; of Form 20-F.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>RELATED PARTY TRANSACTIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item&nbsp;7 &#147;Major Shareholders and Related Party Transactions&#148; of Form 20-F.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>INTEREST OF INSIDERS IN MATERIAL TRANSACTIONS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item&nbsp;6C &#147;Board Practices &#151; Interested Transactions&#148; and Item&nbsp;7B &#147;Major Shareholders and
Related Party Transactions &#151; Related Party Transactions&#148; of Form 20-F.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>MATERIAL CONTRACTS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item&nbsp;10C &#147;Material Contracts&#148; of Form 20-F.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>OTHER MATTERS</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Shareholder Proposals</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shareholders must submit any shareholder proposal that they wish to be considered at the
annual meeting of shareholders of the Corporation in respect of the year ending December&nbsp;31, 2010
to be held in 2011 no later than February&nbsp;28, 2011. All shareholder proposals must comply with
Section&nbsp;137 of the <I>Canada Business Corporations Act.</I>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Glossary</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The term <B>shareholder </B>refers to a registered holder of common shares. The term <B>common shares</B>
refers to common shares in the capital stock of the Corporation, excluding any restricted shares,
which are subject to restrictions on voting, dividend rights and transferability.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>Date of Information</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Except where noted, all information in this Circular is as of August&nbsp;30, 2010.
</DIV>
</DIV>
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>APPROVAL OF CIRCULAR BY BOARD</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The contents and the sending of this Circular have been approved by the Board.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><B>DATED </B>at Toronto, Canada this 30<SUP style="font-size: 85%; vertical-align: text-top">th</SUP> day of August, 2010.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 40%; margin-top: 12pt"><B>BY ORDER OF THE BOARD OF DIRECTORS</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-left: 40%; margin-top: 6pt"><BR><BR><BR>/s/ Shawn (Xiaohua) Qu<BR><B>Shawn (Xiaohua) Qu</B><BR>
<B>Chairman of the Board, President and</B><BR>
<B>Chief Executive Officer</B>
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>



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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 1</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>AMENDED AND RESTATED SHARE INCENTIVE PLAN</B>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 12pt"><B>ARTICLE 1.</B>

</DIV>

<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>PURPOSE</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The purpose of the Plan is to permit the Company to attract, motivate and retain the services
of Directors, Employees and Consultants upon whose judgment, interest and special effort the
successful conduct of the Company&#146;s operations is largely dependent and to promote the success and
enhance the value of the Company by linking the personal interests of Holders with those of
Shareholders by providing Holders with an incentive for outstanding performance to generate
superior returns to Shareholders.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Amended and Restated Plan is effective on the Restatement Effective Date.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 2.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>DEFINITIONS AND CONSTRUCTION</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following terms used in the Plan shall have the meanings specified below, unless the
context clearly indicates otherwise. The singular pronoun includes the plural and vice versa.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 &#147;<U>Applicable Accounting Standards</U>&#148; means the generally accepted accounting
principles or reporting standards applicable to the Company&#146;s consolidated financial statements.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 &#147;<U>Applicable Laws</U>&#148; means the laws of any jurisdiction as they relate to the Plan
and Awards and the rules of any securities exchange, national market system or automated quotation
system on which the Shares are listed, quoted or traded.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 &#147;<U>Award</U>&#148; means an Option or Restricted Share granted under the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 &#147;<U>Award Agreement</U>&#148; means any written instrument or document evidencing and setting
out the terms and conditions of an Award, including through electronic medium.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5 &#147;<U>Board</U>&#148; means the board of directors of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 &#147;<U>Code</U>&#148; means the United States Internal Revenue Code of 1986, as amended from time
to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7
&#147;<U>Committee</U>&#148; has the meaning set forth in Section&nbsp;8.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.8
&#147;<U>Company</U>&#148; means Canadian Solar Inc.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9
&#147;<U>Consultant</U>&#148; means any consultant or adviser:
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;who is a natural person and renders <I>bona fide </I>services to a Service Recipient;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;who has contracted directly with the Service Recipient to render such services; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;whose services are not in connection with the offer or sale of securities of the Company
in a capital-raising transaction and do not directly or indirectly promote or maintain a market for
the Company&#146;s securities.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10 &#147;<U>Corporate Transaction</U>&#148; means any of the following transactions; <U>provided
that</U> the Committee shall determine under (f)&nbsp;and (g)&nbsp;whether multiple transactions are related,
and its determination shall be final, binding and conclusive:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;an amalgamation, arrangement, consolidation or scheme of arrangement in which the Company
is not the surviving entity, except for a transaction the principal purpose of which is to change
the jurisdiction in which the Company is incorporated or a transaction where, following the
transaction, the holders of the Company&#146;s voting securities immediately prior to the transaction
own fifty percent (50%) or more of the surviving entity;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the direct or indirect acquisition by any person or related group of persons (other than
an acquisition from or by the Company or by a Company-sponsored employee benefit plan or by a
person that directly or indirectly controls, is controlled by, or is under common control with, the
Company) of beneficial ownership (within the meaning of Rule&nbsp;13d-3 under the Exchange Act) of
securities possessing more than fifty percent (50%) of the total combined voting power of the
Company&#146;s outstanding securities pursuant to a tender or exchange offer made directly to
Shareholders which a majority of the Incumbent Board (as defined in (c)&nbsp;below) who are not
affiliates or associates of the offeror (within the meaning of Rule&nbsp;12b-2 under the Exchange Act)
do not recommend that Shareholders accept;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the individuals who, as of the Effective Date, are members of the Board (the &#147;Incumbent
Board&#148;) cease for any reason to constitute at least fifty percent (50%) of the Board; <U>provided
that,</U> if the election or nomination for election by Shareholders of any new member of the Board
is approved by a vote of at least fifty percent (50%) of the Incumbent Board, such new member of
the Board shall be considered as a member of the Incumbent Board;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;the sale, transfer or other disposition of all or substantially all of the assets of the
Company (other than to a Parent, Subsidiary or Related Entity);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;the completion of a voluntary or insolvent liquidation or dissolution of the Company;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;any reverse takeover, scheme of arrangement, or series of related transactions culminating
in a reverse takeover or scheme of arrangement (including, but not limited to, a tender offer
followed by a reverse takeover) in which the Company survives but:
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;the Shares of the Company outstanding immediately prior to such transaction are converted
or exchanged by virtue of the transaction into other property, whether in the form of securities,
cash or otherwise, or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;securities possessing more than fifty percent (50%) of the total combined voting power of
the Company&#146;s outstanding securities are transferred to a person or related group of persons
different from those who held such securities immediately prior to such transaction culminating in
such takeover or scheme of arrangement,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">but excluding any such transaction or series of related transactions that the Committee determines
shall not be a Corporate Transaction; or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;the acquisition in a single or series of related transactions by any person or related
group of persons (other than the Company or by a Company-sponsored employee benefit plan) of
beneficial ownership (within the meaning of Rule&nbsp;13d-3 under the Exchange Act) of securities
possessing more than fifty percent (50%) of the total combined voting power of the Company&#146;s
outstanding securities but excluding any such transaction or series of related transactions that
the Committee determines shall not be a Corporate Transaction.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11 &#147;<U>Director</U>&#148; means a member of the Board, as constituted from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12 &#147;<U>Disability</U>&#148; of a Holder means:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;in the case where the Service Recipient to which the Holder provides services has a
long-term disability plan in place and the Holder is a member of that plan, that the Holder
qualifies to receive long-term disability payments under the plan; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;in the case where the Service Recipient to which the Holder provides services does not
have a long-term disability plan in place or, if it does, the Holder is not a member of that plan,
that the Holder is unable to carry out the responsibilities and functions of the position held by
the Holder by reason of any medically determinable physical or mental impairment for a period of
not less than ninety (90)&nbsp;consecutive days.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;A Holder will not be considered to have a Disability unless he or she furnishes proof of such
impairment sufficient to satisfy the Committee in its discretion.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13 &#147;<U>Effective Date</U>&#148; has the meaning set forth in Section&nbsp;9.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14 &#147;<U>Eligible Individual</U>&#148; means any person who is a Director, an Employee or a
Consultant, in each case as determined by the Committee; <U>provided that</U> Awards shall not be
granted to Directors or Consultants who are resident of any country the Applicable Laws of which do
not permit grants to non-employees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15 &#147;<U>Employee</U>&#148; means any person who is employed by a Service Recipient. The payment
of a director&#146;s fee by a Service Recipient shall not constitute the recipient an employee of the
Service Recipient.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16 &#147;<U>Exchange Act</U>&#148; means the United States Securities Exchange Act of 1934, as
amended from time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17 &#147;<U>Fair Market Value</U>&#148; of a Share means, as of any date:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;if the Shares are listed on an established and regulated securities exchange, national
market system or automated quotation system, the closing sales price for Shares (or the closing bid
price, if no sales were reported) as quoted on the principal exchange or system on which the Shares
are listed (as determined by the Committee) on the date of determination (or, if no closing sales
price or closing bid price was reported on that date, on the last trading date such closing sales
price or closing bid was reported), as reported in <I>The Wall Street Journal </I>or such other source as
the Committee deems reliable;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;if the Shares are not listed on an established and regulated securities exchange, national
market system or automated quotation system, but are regularly quoted by a recognized securities
dealer, the closing sales price for Shares as quoted by such securities dealer on the date of
determination; <U>provided that</U>, if the closing sales price is not reported, the Fair Market
Value shall be the mean between the high bid and low asked prices for Shares on the date of
determination (or, if no such prices were reported on that date, on the last date such prices were
reported), as reported in <I>The Wall Street Journal </I>or such other source as the Committee deems
reliable; or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;in the absence of (a)&nbsp;and (b), the Fair Market Value shall be determined by the Committee
in good faith and in its sole and absolute discretion by reference to:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;the placing price of the latest private placement of Shares and the development of the
Company&#146;s business operations and the general economic and market conditions since such latest
private placement,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;other third party transactions involving the Shares and the development of the Company&#146;s
business operations and the general economic and market conditions since such sale,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;an independent valuation of the Shares, or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;such other methodologies or information as the Committee determines to be indicative of
Fair Market Value.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18 &#147;<U>Holder</U>&#148; means an Eligible Individual who has been granted an Award.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19 &#147;<U>Incentive Option</U>&#148; means an Option that is intended to meet the applicable
provisions of Section&nbsp;422 of the Code. Incentive Options may only be granted to Employees.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20
&#147;<U>Non-Employee Director</U>&#148; means a Director who is not an Employee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.21 &#147;<U>Non-Qualified Option</U>&#148; means an Option that is not an Incentive Option.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.22 &#147;<U>Option</U>&#148; means the right to purchase Shares at a specified exercise price.
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.23 &#147;<U>Plan</U>&#148; means this Canadian Solar Inc. Share Incentive Plan, as amended from time
to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.24 &#147;<U>Related Entity</U>&#148; means any entity in which the Company or a Subsidiary holds,
directly or indirectly, a substantial economic interest, whether through ownership or contractual
arrangements, but which is not a Subsidiary and which the Board designates as a Related Entity for
purposes of the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.25 &#147;<U>Restatement Effective Date</U>&#148; has the meaning set forth in Section&nbsp;9.1.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.26 &#147;<U>Restricted Share</U>&#148; means a Share awarded under Article&nbsp;6 that is subject to
certain restrictions and may be subject to risk of forfeiture or repurchase.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.27 &#147;<U>Securities Act</U>&#148; means the United States Securities Act of 1933, as amended from
time to time.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.28 &#147;<U>Service Recipient</U>&#148; means the Company, a Subsidiary or a Related Entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.29 &#147;<U>Share</U>&#148; means a common share in the capital of the Company.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.30 &#147;<U>Shareholder</U>&#148; means a holder of Shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.31 &#147;<U>Subsidiary</U>&#148; means any entity (other than the Company), whether domestic or
foreign, in an unbroken chain of entities beginning with the Company if each of the entities, other
than the last entity in the unbroken chain, beneficially owns, at the time of the determination,
securities or other interests representing more than fifty percent (50%) of the total combined
voting power of all classes of securities or interests in one of the other entities in such chain.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.32 &#147;<U>Termination of Service</U>&#148; of a Holder means&#148;
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;in the case of a Holder who is a Consultant, the time when the engagement of the Holder as
a Consultant to a Service Recipient terminates for any reason; but excluding a case where the
Holder simultaneously commences employment with, enters into another engagement as a Consultant to,
or becomes a Director of, the same or another Service Recipient;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;in the case of a Holder who is Non-Employee Director, the time when the Holder ceases to
be a Director of a Service Recipient for any reason, but excluding a case where the Holder
simultaneously commences employment with, or enters into an engagement as a Consultant to, or
becomes a Director of, the same or another Service Recipient; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;in the case of a holder who is an Employee, the time when the Holder ceases to be in the
employ of a Service Recipient for any reason, but excluding a case where the Holder simultaneously
commences employment with, enters into an engagement as a Consultant to, or becomes a Director of,
the same or another Service Recipient.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Committee may, in its sole discretion, determine the effect of all matters and questions
relating to a Termination of Service, including, without limitation, whether a particular
</DIV>
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<DIV align="left" style="font-size: 10pt; margin-top: 6pt"> leave of absence constitutes a Termination of Service; <U>provided that</U>, with respect to
Incentive Options, unless the Committee provides to the contrary in the Award Agreement or
otherwise, a leave of absence, change in status from an employee to an independent contractor or
other change in the employee-employer relationship shall constitute a Termination of Service only
if, and to the extent that, such leave of absence, change in status or other change interrupts
employment for the purposes of Section&nbsp;422(a)(2) of the Code and the regulations and revenue
rulings thereunder. For purposes of the Plan, a Holder&#146;s employee-employer or consultancy
relationship shall be deemed to have been terminated if the Service Recipient employing or
contracting with the Holder ceases to be a Subsidiary or Related Entity.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.33 &#147;<U>Trading Date</U>&#148; means the closing of the first sale of Shares to the general
public, pursuant to an effective registration statement under Applicable Laws, which results in the
Shares being publicly traded on an established securities exchange or national market system.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 3.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>SHARES SUBJECT TO THE PLAN</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 <U>Number of Shares</U>.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Subject to Article&nbsp;8 and Section&nbsp;3.1(b), the maximum number of Shares that may be issued
pursuant to all Awards (including Incentive Share Options) is 2,330,000 plus, for Awards other than
Incentive Option Shares, the sum of:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;one percent (1%) of the number of Shares outstanding on the first day of each of 2007,
2008 and 2009, and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;two and one-half percent (2.5%) of the number of Shares outstanding on the first day of
each year after 2009.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;If an Award terminates, expires or lapses for any reason, or is settled in cash and not
Shares, the Shares subject to the Award shall again be available for the grant of an Award pursuant
to the Plan.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 <U>Shares Distributed</U>. Any Shares distributed pursuant to an Award may consist, in
whole or in part, of treasury Shares or Shares purchased on the open market or, in the discretion
of the Committee, American Depository Shares in an amount equal to the number of Shares which
otherwise would be distributed. If the number of Shares represented by an American Depository
Share is other than on a one-to-one basis, the limitations of Section&nbsp;3.1 shall be adjusted to
reflect the distribution of American Depository Shares in lieu of Shares.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 4.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>GRANTING OF AWARDS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 <U>Participation.</U> The Committee shall determine those Eligible Individuals to whom
Awards shall be granted and shall determine the nature and amount of each Award, which shall
</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">not be inconsistent with the requirements of the Plan. No Eligible Individual shall have any
right to be granted an Award pursuant to the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 <U>Award Agreement</U>. Each Award shall be evidenced by an Award Agreement. Award
Agreements evidencing Incentive Options shall contain such terms and conditions as are necessary to
satisfy the applicable provisions of Section&nbsp;422 of the Code.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 <U>Jurisdictions.</U> Notwithstanding any provision of the Plan to the contrary, in
order to comply with Applicable Laws, the Committee may:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;determine which Subsidiaries and Related Entities shall be covered by the Plan;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;determine which Eligible Individuals are eligible to participate in the Plan;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;modify the terms and conditions of any Award granted to Eligible Individuals;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;establish sub plans and modify exercise and other terms and procedures to the extent that
such actions may be necessary or advisable (any such sub plans and/or modifications shall be
attached to the Plan as appendices); <U>provided that</U> no such sub plans and/or modifications
shall increase the share limitations contained in Section&nbsp;3.1; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;take any action, before or after an Award is made, that it deems necessary or advisable to
obtain any required approvals under or to comply with any Applicable Laws, including, without
limitation, necessary governmental regulatory exemptions or approvals or listing requirements of
any securities exchange.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 5.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>OPTIONS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 <U>General</U>. The Committee may grant Options to Eligible Individuals on the following
terms and conditions:
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Exercise Price</U>. The exercise price per Share subject to an Option shall be a
fixed or variable price related to the Fair Market Value of the Shares; <U>provided that</U> no
Option may be granted to an individual subject to taxation in the United States at less than the
Fair Market Value on the date of grant without compliance with Section&nbsp;409A of the Code, or the
Holder&#146;s consent. The exercise price per Share subject to an Option may be amended by the
Committee at any time and from time to time without the consent of the Shareholders.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Vesting</U>. The Committee shall specify the period before and during which an Option
vests in the Holder and may, at any time after the grant of an Option, accelerate the vesting
period on such terms and conditions as may determine. No portion of an Option which is
unexercisable on the Termination of Service of the Holder shall thereafter become exercisable,
except as may be otherwise provided by the Committee, either in the Award Agreement or otherwise.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Time and Conditions of Exercise</U>. The Committee shall specify the time or times at
which an Option may be exercised in whole or in part. The Committee shall also specify any
conditions that must be satisfied before all or part of an Option may be exercised.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Partial Exercise</U>. An exercisable Option may be exercised in whole or in part;
<U>provided that</U> an Option shall not be exercisable with respect to fractional shares and the
Committee may require that a partial exercise must be with respect to a minimum number of Shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <U>Manner of Exercise</U>. All or a portion of an exercisable Option shall be deemed
exercised upon delivery of all of the following to the Secretary of the Company, or such other
person or entity designated by the Committee, or his, her or its office, as applicable:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;a written or electronic notice complying with the applicable rules established by the
Committee stating that the Option, or such portion thereof, is exercised. The notice shall be
signed by the Holder or other person then entitled to exercise the Option or such portion thereof;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;such representations and documents as the Committee deems necessary or advisable to
effect compliance with all Applicable Laws. The Committee may also take whatever additional action
it deems necessary or advisable to effect such compliance including, without limitation, placing
legends on Share certificates and issuing stop-transfer notices to agents and registrars;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;if the Option is exercised pursuant to Section&nbsp;9.3 by any person or persons other than
the Holder, such proof of the right of such person or persons to exercise the Option as the
Committee may require; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv)&nbsp;full payment of the exercise price and any withholding taxes applicable to the exercise
of the Option, or such portion thereof, in a manner permitted by Section&nbsp;7.1 and 7.2.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <U>Term</U>. The term of any Option granted under the Plan shall not exceed ten (10)
years. Except as limited by the requirements of Section&nbsp;409A or Section&nbsp;422 of the Code and the
regulations and rulings thereunder, the Committee may extend the term of outstanding Options and,
in connection with a Termination of Service of the Holder, may extend the time period during which
vested Options may be exercised and may amend any other term or condition of such Options.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) <U>Evidence of Grant</U>. All Options shall be evidenced by an Award Agreement between
the Company and the Holder. The Award Agreement shall include such additional provisions as may be
specified by the Committee.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 <U>Incentive Options</U>. Incentive Options may be granted to Employees of the Company
or any Subsidiary which qualifies as a subsidiary corporation under Section 424(e) and (f)&nbsp;of the
Code respectively. Incentive Options may not be granted to Employees of a Related Entity or to
Directors or Consultants. In addition to the requirements of Section&nbsp;5.1, the terms of any
Incentive Options must comply with the following additional provisions of this Section&nbsp;5.2:
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) <U>Expiration of Option</U>. An Incentive Option may not be exercised to any extent by
anyone after the first to occur of the following events:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;ten (10)&nbsp;years from the date it is granted, unless an earlier time is set in the Award
Agreement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;three (3)&nbsp;months after the Termination of Service of the Holder as an Employee (save in
the case of Disability or death); and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;one (1)&nbsp;year after the date of the Termination of Service of the Holder on account of
Disability or death. Upon the Holder&#146;s Disability or death, any Incentive Options exercisable at
the Holder&#146;s Disability or death may be exercised by the Holder&#146;s legal representative or
representatives, by the person or persons entitled to do so pursuant to the Holder&#146;s last will and
testament or, if the Holder fails to make testamentary disposition of such Incentive Option or dies
intestate, by the person or persons entitled to receive the Incentive Option pursuant to the
applicable laws of descent and distribution as determined under Applicable Law.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) <U>Individual Dollar Limitation</U>. The aggregate Fair Market Value (determined as of
the time the Option is granted) of all Shares with respect to which Incentive Options are first
exercisable by a Holder in any calendar year may not exceed U.S.$100,000 or such other limitation
as may be imposed under Section 422(d) of the Code, or any successor provision. To the extent that
Incentive Options are first exercisable by a Holder in excess of such limitation, the excess shall
be considered Non-Qualified Options.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) <U>Ten Percent Owners</U>. An Incentive Option may not be granted to any individual who,
at the date of grant, owns Shares possessing more than ten percent (10%) of the total combined
voting power of all classes of shares of the Company unless such Incentive Option is granted at a
price that is not less than one hundred and ten percent (110%) of Fair Market Value on the date of
grant and the Incentive Option is exercisable for no more than five years from the date of grant.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) <U>Transfer Restriction</U>. The Holder shall give the Company prompt notice of any
disposition of Shares acquired by exercise of an Incentive Option within:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;two (2)&nbsp;years from the date of grant of such Incentive Option, or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;one (1)&nbsp;year after the transfer of such Shares to the Holder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) <U>Expiration of Incentive Options</U>. No Award of an Incentive Option may be made
after the tenth (10<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>) anniversary of the Effective Date.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) <U>Right to Exercise</U>. During a Holder&#146;s lifetime, an Incentive Option may be
exercised only by the Holder.
</DIV>



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</DIV>




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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 6.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>AWARD OF RESTRICTED SHARES</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1 <U>Award of Restricted Share.</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Committee may grant Restricted Share to Eligible Individuals, and shall determine the
amount and the terms and conditions of, including without limitation the restrictions applicable
to, each award of Restricted Shares, which terms and conditions shall not be inconsistent with the
Plan, and may impose such conditions on the issuance of such Restricted Share as it deems
appropriate.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The Committee shall specify the purchase price, if any, and form of payment for Restricted
Shares; <U>provided that</U> such purchase price shall be no less than the par value, if any, of
the Shares to be purchased, unless otherwise permitted by Applicable Laws. In all cases, legal
consideration shall be required for each issuance of Restricted Shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2 <U>Rights as Shareholders</U>. Subject to Section&nbsp;6.4, upon issuance of Restricted
Shares, the Holder shall have, unless otherwise provided by the Committee, all the rights of a
Shareholder with respect to such Restricted Shares, subject to the restrictions in his or her Award
Agreement, including the right to receive all dividends and other distributions paid or made with
respect to Shares; <U>provided that</U> any extraordinary distributions with respect to such
Restricted Shares shall be subject to the restrictions set forth in Section&nbsp;6.3.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 <U>Restrictions</U>. All Restricted Shares (including any shares received by Holders
thereof with respect to Restricted Shares as a result of share dividends, share splits or any other
form of recapitalization) shall, in the terms of each individual Award Agreement, be subject to
such restrictions and vesting requirements as the Committee shall provide. Such restrictions may
include, without limitation, restrictions concerning voting rights and transferability and such
restrictions may lapse separately or in combination at such times and pursuant to such
circumstances or based on such criteria as selected by the Committee, including, without
limitation, criteria based on the Holder&#146;s duration of employment, directorship or consultancy with
the Service Recipient, or other criteria selected by the Committee. By action taken after the
Restricted Shares are issued, the Committee may, on such terms and conditions as it may determine
to be appropriate, accelerate the vesting of such Restricted Shares by removing any or all of the
restrictions imposed by the terms of the Award Agreement. Restricted Shares may not be sold or
encumbered until all restrictions are terminated or expire.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4 <U>Repurchase or Forfeiture of Restricted Shares</U>. If no price was paid by the Holder
for the Restricted Shares, upon the Termination of Service of the Holder, the Holder&#146;s rights in
unvested Restricted Shares then subject to restrictions shall lapse and such Restricted Shares
shall be surrendered to the Company and cancelled without consideration. If a purchase price was
paid by the Holder for the Restricted Shares, upon the Termination of Service of the Holder, the
Company shall have the right to repurchase from the Holder the unvested Restricted Shares then
subject to restrictions at a cash price per share equal to the price paid by the Holder for such
Restricted Shares or such other amount as may be specified in the Award Agreement The Committee in
its sole discretion may provide that, in the event of certain events, the Holder&#146;s
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">rights in unvested Restricted Shares shall not lapse, such Restricted Shares shall vest and
shall be non-forfeitable and, if applicable, the Company shall not have a right of repurchase.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.5 <U>Certificates for Restricted Share</U>. Restricted Shares granted pursuant to the Plan
may be evidenced in such manner as the Committee may determine. Certificates or book entries
evidencing Restricted Shares must include an appropriate legend referring to the terms, conditions
and restrictions applicable to the Restricted Shares and the Company may, in its sole discretion,
retain physical possession of any share certificate evidencing Restricted Shares until such time as
all applicable restrictions lapse.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 7.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ADDITIONAL TERMS OF AWARDS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 <U>Payment</U>. The Committee shall determine the methods by which payments by any
Holder with respect to any Awards granted under the Plan shall be made, including, without
limitation:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;cash or check;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Shares (including, in the case of payment of the exercise price of an Award, Shares
issuable pursuant to the exercise of the Award) or Shares held for such period of time as may be
required by the Committee in order to avoid adverse accounting consequences under Applicable
Accounting Standards, in each case, having a Fair Market Value on the date of delivery equal to the
aggregate payments required;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;delivery of a notice that the Holder has placed a market sell order with a broker with
respect to Shares then issuable upon exercise or vesting of an Award, and that the broker has been
directed to pay a sufficient portion of the net proceeds of the sale to the Company in satisfaction
of the aggregate payments required; <U>provided that</U> payment of such proceeds is then made to
the Company upon settlement of such sale; or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;other form of legal consideration acceptable to the Committee.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Committee shall also determine the methods by which Shares shall be delivered or deemed to be
delivered to Holders. Notwithstanding any other provision of the Plan to the contrary, no Holder
shall be permitted to make payment with respect to any Awards granted under the Plan to the extent
prohibited by Applicable Law.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2 <U>Withholding Tax</U>. No Shares shall be delivered under the Plan to any Holder until
such Holder has made arrangements acceptable to the Committee for the satisfaction of any income,
employment, social welfare or other tax withholding obligations under Applicable Laws. Each
Service Recipient shall have the authority and the right to deduct or withhold, or require a Holder
to remit to the applicable Service Recipient, an amount sufficient to satisfy federal, state, local
and foreign taxes (including the Holder&#146;s employment, social welfare or other tax obligations)
required by Applicable Laws to be withheld with respect to any taxable event concerning a Holder
arising as a result of the Plan. The Committee may, in its sole discretion and in satisfaction of
the foregoing requirement, allow a Holder to elect to have the Company
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">withhold Shares otherwise issuable under an Award (or allow the surrender of Shares). The
number of Shares which may be so withheld or surrendered shall be limited to the number of Shares
which have a Fair Market Value on the date of withholding or repurchase equal to the aggregate
amount of such liabilities based on the minimum statutory withholding rates for tax purposes that
are applicable to such taxable income. The Committee shall determine the Fair Market Value of the
Shares, consistent with Applicable Laws, for tax withholding obligations due in connection with a
broker-assisted cashless Option exercise involving the sale of shares to pay the Option exercise
price or any tax withholding obligation.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3 <U>Transferability of Awards.</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Except as otherwise provided in Section&nbsp;7.3(b):
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;no Award under the Plan may be sold, pledged, assigned or transferred in any manner other
than by will or the laws of descent and distribution or, subject to the consent of the Committee,
as required under applicable domestic relations laws, unless and until such Award has been
exercised, or the Shares underlying such Award have been issued, and all restrictions applicable to
such shares have lapsed;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;no Award or interest or right therein shall be liable for the debts, contracts or
engagements of the Holder or his successors in interest or shall be subject to disposition by
transfer, alienation, anticipation, pledge, hypothecation, encumbrance, assignment or any other
means whether such disposition be voluntary or involuntary or by operation of law by judgment,
levy, attachment, garnishment or any other legal or equitable proceedings (including bankruptcy),
and any attempted disposition thereof shall be null and void and of no effect, except to the extent
that such disposition is permitted by the preceding sentence; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;during the lifetime of the Holder, only the Holder may exercise an Award (or any portion
thereof) granted to him under the Plan, unless it has been disposed of pursuant to applicable
domestic relations law; after the death of the Holder, any exercisable portion of an Award may,
prior to the time when such portion becomes unexercisable under the Plan or the applicable Award
Agreement, be exercised by his personal representative or by any person or persons empowered to do
so under the deceased Holder&#146;s will or under the then Applicable Laws of descent and distribution.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Notwithstanding Section&nbsp;7.3(a), the Committee, in its sole discretion, may determine to
permit a Holder to transfer an Award other than an Incentive Option to certain persons or entities
related to the Holder, including but not limited to members of the Holder&#146;s family, charitable
institutions, or trusts or other entities whose beneficiaries or beneficial owners are members of
the Holder&#146;s family and/or charitable institutions, or to such other persons or entities as may be
expressly approved by the Committee, pursuant to such conditions and procedures as the Committee
may establish, including the following:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;an Award transferred shall not be assignable or transferable other than by will or the
laws of descent and distribution;
</DIV>

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</DIV>

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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;an Award transferred shall continue to be subject to all the terms and conditions of the
Award as applicable to the original Holder (other than the ability to further transfer the Award);
and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;the Holder and the permitted transferee shall execute any and all documents requested by
the Committee, including without limitation documents to confirm the status of the transferee as a
permitted transferee, satisfy any requirements for an exemption for the transfer under Applicable
Laws and evidence the transfer.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Notwithstanding Section&nbsp;7.3(a), a Holder may, in the manner determined by the Committee,
designate a beneficiary to exercise the rights of the Holder and to receive any distribution with
respect to any Award upon the Holder&#146;s death. A beneficiary, legal guardian, legal representative,
or other person claiming any rights pursuant to the Plan is subject to all terms and conditions of
the Plan and any Award Agreement applicable to the Holder, except to the extent the Plan and Award
Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriate by
the Committee. If the Holder is married and resides in a community property jurisdiction, a
designation of a person other than the Holder&#146;s spouse as his or her beneficiary with respect to
more than 50% of the Holder&#146;s interest in the Award shall not be effective without the prior
written or electronic consent of the Holder&#146;s spouse. If no beneficiary has been designated or
survives the Holder, payment shall be made to the person entitled thereto pursuant to the Holder&#146;s
will or the laws of descent and distribution. Subject to the foregoing, a beneficiary designation
may be changed or revoked by a Holder at any time provided the change or revocation is filed with
the Committee prior to the Holder&#146;s death.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.4 <U>Conditions to Issuance of Shares.</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;Notwithstanding anything herein to the contrary, the Company shall not be required to
issue or deliver any certificates or make any book entries evidencing Shares pursuant to the
exercise of any Award unless and until the Committee has determined, with advice of counsel, that
the issuance of such Shares is in compliance with all Applicable Laws, and the Shares are covered
by an effective registration statement or applicable exemption from registration. In addition to
the terms and conditions provided herein, the Committee may require that a Holder make such
reasonable covenants, agreements, and representations as the Committee, in its discretion, deems
advisable in order to comply with any such laws, regulations, or requirements.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;All Share certificates delivered pursuant to the Plan and all Shares issued pursuant to
book entry procedures are subject to any stop-transfer orders and other restrictions as the
Committee deems necessary or advisable to comply with all Applicable Laws, rules and regulations.
The Committee may place legends on any Shares certificate or book entry to reference restrictions
applicable to the Shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The Committee shall have the right to require any Holder to comply with any timing or
other restrictions with respect to the settlement, distribution or exercise of any Award, including
a window-period limitation.
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;No fractional Shares shall be issued and the Committee shall determine, in its sole
discretion, whether cash shall be given in lieu of fractional shares or whether such fractional
shares shall be eliminated by rounding down.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;Notwithstanding any other provision of the Plan, unless otherwise determined by the
Committee or required by any Applicable Law, rule or regulation, the Company shall not deliver to
any Holder certificates evidencing Shares issued in connection with any Award and instead such
Shares shall be recorded in the books of the Company (or, as applicable, its transfer agent or
share plan administrator).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.5 <U>Applicable Currency</U>. The Committee shall designate in the Award Agreement the
currency applicable to an Award, which may be in U.S. dollars, Canadian dollars, Chinese Renminbi
or such other currency as the Committee shall determine required under Applicable Law. A Holder
may be required to provide evidence that any currency used to pay the exercise price of any Award
was acquired and taken out of the jurisdiction in which the Holder resides in accordance with
Applicable Laws, including foreign exchange control laws and regulations. If the exercise price
for an Award is paid in a foreign currency, other than that designated in the Award Agreement, as
permitted by the Committee, the amount payable will be determined by conversion at the exchange
rate as selected by the Committee on the date of exercise.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 8.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>ADMINISTRATION</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1 <U>Committee</U>. A committee of the Board (the &#147;<U>Committee</U>&#148;) shall administer
the Plan (except as otherwise permitted herein). The Committee shall comprise two or more
Non-Employee Directors appointed by and holding office at the pleasure of the Board, each of whom
shall comply with Applicable Laws. Notwithstanding the foregoing:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;the full Board, acting by a majority of its members in office, shall conduct the general
administration of the Plan with respect to Awards granted to Non-Employee Directors; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the Board or the Committee may delegate its authority hereunder to the extent permitted by
Section&nbsp;8.6.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 <U>Duties and Powers of Committee</U>. The Committee shall be responsible for the
general administration of the Plan in accordance with its provisions. The Committee shall have the
power to interpret the Plan and the Award Agreements and to adopt such rules for the
administration, interpretation and application of the Plan as are not inconsistent therewith, to
interpret, amend or revoke any such rules and to amend any Award Agreement provided that the rights
or obligations of the Holder of the Award that is the subject of any such Award Agreement are not
affected adversely by such amendment, unless the consent of the Holder is obtained or such
amendment is otherwise permitted under Section&nbsp;9.10. Any such grant or award under the
Plan need not be the same with respect to each Holder. Any such interpretations and rules
with respect to Incentive Options shall be consistent with the provisions of Section&nbsp;422 of the
Code. In its sole discretion, the Board may at any time and from time to time exercise any and all
rights
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">and duties of the Committee under the Plan except with respect to matters which under
Applicable Law are required to be determined in the sole discretion of the Committee.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3 <U>Action by the Committee</U>. Each member of the Committee is entitled to, in good
faith, rely or act upon any report or other information furnished to that member by any officer or
other employee of a Service Recipient, the Company&#146;s independent certified public accountants or
any executive compensation consultant or other professional retained by the Company to assist in
the administration of the Plan.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.4 <U>Authority of Committee</U>. Subject to any specific designation in the Plan, the
Committee has the exclusive power, authority and sole discretion to:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;designate Eligible Individuals to receive Awards;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;determine the type or types of Awards to be granted to each Eligible Individual;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;determine the number of Awards to be granted and the number of Shares to which an Award
will relate;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;determine the terms and conditions of any Award granted pursuant to the Plan, including,
but not limited to, the exercise price, grant price, or purchase price, any reload provision, any
restrictions or limitations on the Award, any schedule for vesting, lapse of forfeiture
restrictions or restrictions on the exercisability of an Award, and accelerations or waivers
thereof, and any provisions related to non-competition and recapture of gain on an Award, based in
each case on such considerations as the Committee in its sole discretion determines;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e)&nbsp;determine whether, to what extent, and pursuant to what circumstances an Award may be
settled in, or the exercise price of an Award may be paid in cash, Shares, other Awards, or other
property, or an Award may be canceled, forfeited, or surrendered;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f)&nbsp;prescribe the form of each Award Agreement, which need not be identical for each Holder;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g)&nbsp;decide all other matters that must be determined in connection with an Award;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h)&nbsp;establish, adopt, or revise any rules and regulations as it may deem necessary or
advisable to administer the Plan;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;interpret the terms of, and any matter arising pursuant to, the Plan or any Award
Agreement; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j)&nbsp;make all other decisions and determinations that may be required pursuant to the Plan or
as the Committee deems necessary or advisable to administer the Plan.
</DIV>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.5 <U>Decisions Binding</U>. The Committee&#146;s interpretation of the Plan, any Award granted
pursuant to the Plan and any Award Agreement and all decisions and determinations by the Committee
with respect to the Plan are final, binding, and conclusive on all parties.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.6 <U>Delegation of Authority</U>. To the extent permitted by Applicable Laws, the Board or
the Committee may from time to time delegate to a committee of one or more members of the Board or
one or more officers of the Company the authority to carry out the day-to-day administration of the
Plan subject at all times to the control and direction of the Board or the Committee; p<U>rovided
that</U>, in no event, shall any delegatee be delegated the authority to grant or amend Awards.
Any delegation hereunder shall be subject to such restrictions and limits as the Board or the
Committee specifies at the time of such delegation, and the Board or the Committee may at any time
rescind the authority so delegated or appoint a new delegatee. At all times, the delegatee shall
serve at the pleasure of the Board or the Committee.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 9.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>MISCELLANEOUS PROVISIONS</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 <U>Effective Date</U>. The Plan was originally effective on March&nbsp;15, 2006 (the
&#147;<U>Effective Date</U>&#148;). This amendment and restatement of the Plan will be effective on the
date it is approved by the Shareholders (the &#147;<U>Restatement Effective Date</U>&#148;). The amendment
and restatement of the Plan will be deemed to be approved by the Shareholders if it receives the
affirmative vote of a majority (in excess of 50%) of the votes of the Shares entitled to vote and
present or represented at a meeting duly held in accordance with Applicable Laws.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 <U>Expiration Date</U>. The Plan will expire on, and no Award may be granted pursuant to
the Plan after, the tenth (10<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>) anniversary of the Restatement Effective Date. Any
Awards that are outstanding on the tenth (10<SUP style="font-size: 85%; vertical-align: text-top">th</SUP>) anniversary of the Restatement Effective
Date shall remain in force according to the terms of the Plan and the applicable Award Agreement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3 <U>Amendment or Termination of the Plan</U>. Except as otherwise provided in this
Section&nbsp;9.3, at any time and from time to time, the Committee may terminate, amend or modify the
Plan; <U>provided that:</U>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;to the extent necessary and desirable to comply with Applicable Laws, the Company shall
obtain Shareholder approval of any Plan amendment in such a manner and to such a degree as
required, and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;Shareholder approval is required for any amendment to the Plan that:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;increases the number of Shares available under the Plan (other than any adjustment as
provided by Article&nbsp;10),
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;permits the Committee to extend the exercise period for an Option beyond ten (10)&nbsp;years
from the date of grant, or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;results in a material increase in benefits or a change in eligibility requirements.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Except as provided in the Plan or any Award Agreement, no amendment, suspension or termination of
the Plan shall, without the consent of the Holder, impair any rights or obligations under any Award
theretofore granted or awarded.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.4 <U>No Shareholders Rights</U>. Except as otherwise provided herein, a Holder shall have
none of the rights of a Shareholder with respect to Shares covered by any Award until the Holder
becomes the record owner of such Shares.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.5 <U>Paperless Administration</U>. In the event that the Company establishes, for itself
or using the services of a third party, an automated system for the documentation, granting or
exercise of Awards, such as a system using an internet website or interactive voice response, then
the paperless documentation, granting or exercise of Awards by a Holder may be permitted through
the use of such an automated system.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.6 <U>Effect of Plan upon Other Compensation Plans</U>. The adoption of the Plan shall not
affect any other compensation or incentive plans in effect for a Service Recipient. Nothing in the
Plan shall be construed to limit the right of a Service Recipient:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;to establish any other forms of incentives or compensation for Eligible Individuals, or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;to grant or assume options or other rights or awards otherwise than under the Plan in
connection with any proper corporate purpose, including without limitation, the grant or assumption
of options in connection with the acquisition by purchase, lease, merger, consolidation or
otherwise, of the business, securities or assets of any corporation, partnership, limited liability
company, firm or association.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.7 <U>Compliance with Laws</U>. The Plan, the granting and vesting of Awards under the Plan
and the issuance and delivery of Shares and the payment of money under the Plan or under Awards
granted or awarded under the Plan are subject to compliance with all Applicable Laws and to such
approvals by any listing, regulatory or governmental authority as may, in the opinion of counsel
for the Company, be necessary or advisable in connection therewith. Any securities delivered under
the Plan shall be subject to such restrictions, and the person acquiring such securities shall, if
requested by the Company, provide such assurances and representations to the Company as the Company
may deem necessary or desirable to assure compliance with all applicable legal requirements. To
the extent permitted by Applicable Law, the Plan and Awards granted or awarded hereunder shall be
deemed amended to the extent necessary to conform to such laws, rules and regulations.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.8 <U>Titles and Headings, References to Sections of the Code or Exchange Act</U>. The
titles and headings of the Sections in the Plan are for convenience of reference only and, in the
event of any conflict, the text of the Plan, rather than such titles or headings, shall control.
References to sections of the Code or the Exchange Act shall include any amendment or successor
thereto.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.9 <U>Governing Law</U>. The Plan and any agreements hereunder shall be administered,
interpreted and enforced under the internal laws of<SUP style="font-size: 85%; vertical-align: text-top"> </SUP>Canada, without regard to conflicts
of laws thereof.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.10 <U>Section&nbsp;409A</U>. To the extent that the Committee determines that any Award granted
under the Plan is subject to Section&nbsp;409A of the Code, the Award Agreement evidencing such Award
shall incorporate the terms and conditions required by Section&nbsp;409A of the Code. To the extent
applicable, the Plan and Award Agreements shall be interpreted in accordance with Section&nbsp;409A of
the Code and Department of Treasury regulations and other interpretive guidance issued thereunder,
including without limitation any such regulations or other guidance that may be issued after the
Effective Date. Notwithstanding any provision of the Plan to the contrary, in the event that
following the Effective Date the Committee determines that any Award may be subject to Section&nbsp;409A
of the Code and related Department of Treasury guidance (including such Department of Treasury
guidance as may be issued after the Effective Date), the Committee may adopt such amendments to the
Plan and the applicable Award Agreement or adopt other policies and procedures (including
amendments, policies and procedures with retroactive effect), or take any other actions, that the
Committee determines are necessary or appropriate to:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;exempt the Award from Section&nbsp;409A of the Code and/or preserve the intended tax treatment
of the benefits provided with respect to the Award, or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;comply with the requirements of Section&nbsp;409A of the Code and related Department of
Treasury guidance and thereby avoid the application of any penalty taxes under such Section.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.11 <U>No Rights to Awards</U>. No Eligible Individual or other person shall have any claim
to be granted any Award pursuant to the Plan, and neither the Company nor the Committee is
obligated to treat Eligible Individuals, Holders or any other persons uniformly.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.12 <U>No Right to Employment or Services</U>. Nothing in the Plan or any Award Agreement
shall interfere with or limit in any way the right of the Service Recipient to terminate any
Holder&#146;s employment or services at any time, nor confer upon any Holder any right to continue in
the employ or service of any Service Recipient.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.13 <U>Unfunded Status of Awards</U>. The Plan is intended to be an &#147;unfunded&#148; plan for
incentive compensation. With respect to any payments not yet made to a Holder pursuant to an
Award, nothing contained in the Plan or any Award Agreement shall give the Holder any rights that
are greater than those of a general creditor of the Company, any Subsidiary or any Related Entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.14 <U>Indemnification</U>. To the extent allowable pursuant to Applicable Laws, each
member of the Committee or of the Board shall be indemnified and held harmless by the Company from
any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by such
member in connection with or resulting from any claim, action, suit, or proceeding to which he or
she may be a party or in which he or she may be involved by reason of any action or failure to act
pursuant to the Plan and against and from any and all amounts paid by
him or her in satisfaction of judgment in such action, suit, or proceeding against him or her;
<U>provided that</U> he or she gives the Company an opportunity, at its own expense, to handle and
defend the same before he or she undertakes to handle and defend it on his or her own behalf. The
foregoing right of
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">indemnification shall not be exclusive of any other rights of indemnification to
which such persons may be entitled pursuant to the Company&#146;s Articles, as a matter of law, or
otherwise, or any power that the Company may have to indemnify them or hold them harmless.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.15 <U>Relationship to other Benefits</U>. No payment pursuant to the Plan shall be taken
into account in determining any benefits under any pension, retirement, savings, profit sharing,
group insurance, welfare or other benefit plan of any Service Recipient except to the extent
otherwise expressly provided in writing in such other plan or an agreement thereunder.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.16 <U>Expenses</U>. The expenses of administering the Plan shall be borne by the Service
Recipients.
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>ARTICLE 10.</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>CHANGES IN CAPITAL STRUCTURE</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1 <U>Adjustments</U>. In the event of any distribution, share split, combination or
exchange of Shares, amalgamation, arrangement or consolidation, reorganization of the Company,
including the Company becoming a subsidiary in a transaction not involving a Corporate Transaction,
spin-off, recapitalization or other distribution (other than normal cash dividends) of Company
assets to Shareholders, or any other change affecting the Shares or the share price of a Share, the
Committee shall make such proportionate and equitable adjustments, if any, to reflect such change
with respect to:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;the aggregate number and type of shares that may be issued under the Plan (including, but
not limited to, adjustments of the limitations in Section&nbsp;3.1 and substitutions of shares in a
parent or surviving company);
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;the terms and conditions of any outstanding Awards (including, without limitation, any
applicable performance targets or criteria with respect thereto); and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the grant or exercise price per share for any outstanding Awards under the Plan. The form
and manner of any such adjustments shall be determined by the Committee in its sole discretion.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2 <U>Corporate Transactions</U>. Except as may otherwise be provided in any Award
Agreement or any other written agreement entered into by and between the Company and a Holder, if a
Corporate Transaction occurs and a Holder&#146;s Awards are not converted, assumed, or replaced by a
successor as provided in Section&nbsp;10.3, such Awards shall become fully exercisable and all
forfeiture restrictions on such Awards shall lapse. Upon, or in anticipation of, a Corporate
Transaction, the Committee may in its sole discretion provide for:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;any and all Awards outstanding hereunder to terminate at a specific time in the future and
shall give each Holder the right to exercise such Awards during a period of time as the Committee
shall determine,
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;either the purchase of any Award for an amount of cash equal to the amount that could have
been attained upon the exercise of such Award or realization of the
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Holder&#146;s rights had such Award
been currently exercisable or payable or fully vested (and, for the avoidance of doubt, if as of
such date the Committee determines in good faith that no amount would have been attained upon the
exercise of such Award or realization of the Holder&#146;s rights, then such Award may be terminated by
the Company without payment), or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;the replacement of such Award with other rights or property selected by the Committee in
its sole discretion or the assumption of or substitution of such Award by the successor or
surviving corporation, or a parent or subsidiary thereof, with appropriate adjustments as to the
number and kind of Shares and prices.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3 <U>Assumption of Awards &#151; Corporate Transactions</U>. In the event of a Corporate
Transaction, each Award may be assumed by the successor entity in connection with the Corporate
Transaction. Except as provided otherwise in an Award Agreement, an Award will be considered
assumed if the Award either is:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;assumed by the successor entity or replaced with a comparable Award (as determined by the
Committee) with respect to capital shares (or equivalent) of the successor entity or Parent
thereof; or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;replaced with a cash incentive program of the successor entity which preserves the
compensation element of such Award existing at the time of the Corporate Transaction and provides
for subsequent payout in accordance with the same vesting schedule applicable to such Award.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If an Award is assumed in a Corporate Transaction, then such Award, the replacement Award or the
cash incentive program automatically shall become fully vested, exercisable and payable and be
released from any restrictions on transfer (other than transfer restrictions applicable to Options)
and repurchase or forfeiture rights, immediately upon termination of the Holder&#146;s employment or
service with all Service Recipients within twelve (12)&nbsp;months of the Corporate Transaction without
cause.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4 <U>Outstanding Awards &#151; Other Changes</U>. In the event of any other change in the
capitalization of the Company or corporate change other than those specifically referred to in this
Article&nbsp;12, the Committee may, in its absolute discretion, make such adjustments in the number and
class of shares subject to Awards outstanding on the date on which such change occurs and in the
per share grant or exercise price of each Award as the Committee may consider appropriate to
prevent dilution or enlargement of rights.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.5 <U>No Other Rights</U>. Except as expressly provided in the Plan, no Holder shall have
any rights by reason of any subdivision or consolidation of shares of any class, the payment of any
dividend, any increase or decrease in the number of shares of any class or any dissolution,
liquidation, merger, or consolidation of the Company or any other corporation. Except as
expressly provided in the Plan or pursuant to action of the Committee under the Plan, no issuance
by the Company of shares of any class, or securities convertible into shares of any class, shall
affect, and no adjustment by reason thereof shall be made with respect to, the number of shares
subject to an Award or the grant or exercise price of any Award.
</DIV>

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</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>* * * * *</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">The foregoing Amended and Restated Plan was approved by the Board on August&nbsp;10, 2010.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>* * * * *</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">The foregoing Amended and Restated Plan was approved by the Shareholders on ____________ __, 2010.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>* * * * *</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt">Executed on ____________ __, 2010.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 24pt"></DIV>
<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" style="border-top: 1px solid #000000" align="left">
President and Chief Executive Officer<BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD colspan="3" align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SCHEDULE 2</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 6pt"><B>Resolution Approving the Amended and Restated Share Incentive Plan of Canadian Solar Inc.</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>RESOLVED THAT:</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>The amended and restated share incentive plan of the Corporation attached as Schedule&nbsp;1 to
the management information circular of the Corporation dated August&nbsp;30, 2010 is approved.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Any director or officer of the Corporation is hereby authorized and directed to execute and
delivery all documents and instruments and to do all other acts and things as may be necessary
or desirable to give effect to this resolution.</TD>
</TR>

</TABLE>
</DIV>


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