| Effective
February 28, 2008, the Board of Directors of Vermilion Resources
Ltd., on behalf of Vermilion Energy Trust (the "Trust"),
determined to amend the Trust's Distribution Reinvestment
and Optional Trust Unit Purchase Plan (the "Plan")
to eliminate provisions permitting Optional Trust Unit Purchases
by Participants.
Payments
by Participants for Option Trust Unit Purchases will no longer
be accepted by Computershare Trust Company of Canada, as Plan
Agent, and by the Trust.
Amended Plan (PDF)
Answers
to Freqently Asked Questions About Distribution Reinvestment
Plans (DRIPs)
1.
Can my reinvested distributions be fully invested?
Yes.
Full investment of all funds is possible. Fractional Trust
Units also will be credited to your account.
2. If my units are not held in a brokerage account, how
will I keep track of how many units I own in these plans?
Computershare Trust Company of Canada (the Plan Agent) will
mail account statements to you following each investment period.
These statements will be the only record Plan participants
will receive detailing the cost of each purchase of units,
so you must keep them for income tax reporting.
3. Does reinvestment of cash distributions affect tax liability?
No, reinvesting cash distributions in the Plan doesn’t
relieve Plan participants of any income tax applicable to
such distributions. Annually, all Plan participants will receive
appropriate tax information for reporting distribution income
to taxation authorities.
4. Will I receive Trust Unit certificates?
Plan participants will not automatically receive Trust Unit
certificates. However, if you require a Trust Unit certificate,
but don’t wish to terminate participation in the plan,
you must complete a Withdrawal
Request form (click here to download the form as PDF file)
and return it to the Plan Agent. A certificate will be supplied
for any number of whole Trust Units held in your account;
however, certificates won’t be issued for fractional
Trust Units. The Withdrawal Request form must be received
by the Plan Agent no later than five (5) business days prior
to the record date.
5. How do I sell or dispose of my Trust Units held by Computershare?
You must first request a certificate for the required number
of Trust Units to be issued using the Withdrawal Request form.
The Plan Agent will issue certificates to Plan participants,
generally within two weeks of receiving your request. Both
the Trust Units in certificate form and the Trust Units remaining
in your account will continue to receive cash distributions
and be reinvested as applicable.
6. How do I terminate participation in the Plan?
You must complete a Termination
form (click here to download the form as PDF file)
and deliver it to the Plan Agent at least five (5) business
days prior to the applicable record date. The notice must
include the registered unitholder’s name and address.
The signature of the participant must correspond exactly to
the name of the registered holder(s). On termination of participation
in the Plan, the Plan Agent will, as soon as practicable (and
within 20 business days), settle your account and issue a
Trust Unit certificate for whole units and provide a cheque
for any fractional units.
7. If I have more than one account, do I need separate
authorization forms?
Yes. Unitholders need to complete a separate authorization
form for every account they wish to have included under the
Plan. As well, the signature(s) must correspond exactly to
the name(s) in which the Trust Units are registered.
8. My existing units are held in a registered account (RRSP,
RRIF or DPSP) in my name. How are additional Trust Units purchased
through the Plan handled in my registered plan?
You may participate in the Plan and allocate the funds to
your registered account, if it’s in your name, and if
your broker permits this.
For a change of address or for any additional questions, please
contact Computershare Trust Company of Canada at:
Computershare
Trust Company of Canada
100 University Avenue, 9th Floor
Toronto, Ontario M5J 2Y1
Telephone 1-800-564-6253
Facsimile (416) 263-9394 or 888-453-0330
E-mail service@computershare.com
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