Agency & Trustee Agreement (Alberta)

Retain an agent and a trustee in connection with a public offering of shares under a prospectus with this Agency & Trustee Agreement for Alberta. The offering corporation (the issuer) retains the agent to sell the securities on a "best efforts" basis, and the trustee to hold all subscription funds on behalf of the issuer. Provisions of the agreement include:

• The Agent may enter into arrangements with other investment dealers registered to sell securities in Alberta, at no additional cost to the issuer.
• The Trustee will keep the subscription funds in a daily-interest escrow account or in short-term interest-bearing securities.
• The issuer indemnifies the Trustee against claims or losses, and against its costs incurred in the performance of its duties.
• The issuer also indemnifies the Agent against claims or losses, costs or expenses (except loss of profits).

This Agency & Trustee Agreement is for the Province of Alberta. It is available as a downloable and fully editable MS Word document.