Insider Trading Policy

A form of insider trading policy for a reporting issuer (public company) in Canada. The purpose of the policy is to assist directors, officers, and employees of a reporting issuer in complying with the prohibitions under applicable securities laws against insider trading, tipping and recommending trades in securities of the reporting issuer and other issuers in certain circumstances. The policy also contains additional pre-clearance, black-out and other trading restrictions and provisions for maintaining the confidentiality of information in certain circumstances. This Standard Document has integrated notes with important explanations and drafting tips.