CO-OPERATIVE MEMBERSHIP/ SOLAR BOND PURCHASE REQUEST

TREC SOLARSHARE CO-OPERATIVE (NO.1) INC. (Operating as SolarShare)

INSTRUCTIONS: To join SolarShare as a member and invest in Solar Bonds, please complete this form. Note that you must be an Ontario resident to purchase this investment. For information email [email protected] or call 1-866-560-9463. Send payment in the form of a cheque or a Payer Pre-Authorized Debit Agreement form as per the instructions below.

AGREEMENT: I/we apply for membership in SolarShare, and understand that upon acceptance by its Board of Directors, membership entitles me to obtain SolarShare's financial statements and auditors report each year, to attend and vote at SolarShare's members' meetings and to stand for election to its Board of Directors. I/we also understand that important information about SolarShare and the purchase of Solar Bonds is contained in the Offering Statement, found at solarbonds.ca/offering, and that it is advisable that I/we read it before purchasing Solar Bonds.

If you wish to hold 5-Year Solar Bonds in a registered plan (RRSP/TFSA), please find more information here and contact [email protected] or 1.866.560.9463 to move forward. 15-Year Solar Bonds are not eligible for registered plans.

Already a SolarShare Member/Investor? Purchase more Solar Bonds here.

* Required fields.

This form is SSL-secured for the safety of your information.

Personal Information - Person 1

Legal name for tax purposes please.

Must be 9 digits, no spaces

Birthday

Only Ontario residents are eligible to invest in Solar Bonds.

6 Characters, no space between

Format 555-555-5555 Ext. xxxx (if applicable)

Format: 555-555-5555

This address will be used to send password protected sensitive documents including T5 tax slips in confidential encrypted emails.

Personal Information - Person 2 (Joint Account)

Would you like to add information about Person 2 (Joint Account)?
Leave this section blank if you do not want a joint account.

Legal name for tax purposes please.

I would like Person 2 to be joint owner of this investment and have Rights of Survivorship privileges, meaning that upon my death, ownership of this investment will transfer to them.

How did you hear about SolarShare?

Please select any that apply and/or fill in the options to the right.
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Bond Purchase Details

5-Year Bond
5% Fixed Interest
Maturing 2022
x $1000
Must be purchased in increments of $1000
15-Year Bond
6% Self-Amortizing
Maturing 2032
x $1,000
Must start at $10,000 and subsequent amounts must be in increments of $1000
Membership Fee for SolarShare (Required)
 
 
= $40

5-year bonds + 15-year bonds + membership fee

Bond & MemberShip Fee Payment Options
IMPORTANT*

Interest Payments

You will receive pro-rated interest payments by direct deposit semi-annually in June & December for 5-year bonds and every 6 months from the start of your term for 15-year bonds. To process your payments, we require your bank account information and a copy of a void cheque to be uploaded here.

Must be 5 digits

3 digit number identifying your financial institution

cheque
Please upload a copy or scan of a void cheque, or the appropriate document from your financial institution which indicates your account information. You can download a copy of a void cheque for your bank account through your online banking platform if you do not have cheques.*

This information is required

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Co-op Membership

If applicable:
**Under Feed-in-Tariff Program rules, co-operatives require at least 50 property-owning members within the municipality of any new projects. By filling out this section you are agreeing to be contacted by SolarShare to help support this requirement. For more information please visit the Independent Electricity System Operator website at http://fit.powerauthority.on.ca/what-feed-tariff-program

Purchase Confirmation

If you are paying by cheque, please press submit here and do not fill out the Pre-Authorized Debit Agreement.

Submitted without PAD agreement?
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Pre-Authorized Debit Agreement

Please fill out this section if you would like to pay for your bond(s) and membership fees via electronic fund transfer. This may or may not be the same account you submitted above to receive your interest payment deposits.

I wish to pay from the same bank account to which my interest payments will be sent.
Fund Transfer to SolarShare

5 digit number

3 digit number identifying your financial institution

cheque
Please upload a copy or scan of Void Cheque*

This information is required

No need to include a void cheque if it is for the same account as the one already uploaded earlier.


I authorize SOLARSHARE CO-OPERATIVE to debit my account once with the aforementioned financial institution for the amount described above.

RECOURSE/REIMBURSEMENT

I have certain recourse rights if any debit does not comply with this agreement. For example, I have the right to receive reimbursement for any debit that is not authorized or is not consistent with the PAD Agreement. To obtain more information on my recourse rights, I may contact my financial institution or visit www.cdnpay.ca.

CANCELLATION

This Authorization may be cancelled at any time upon notice being provided by me, either in writing or orally, with proper authorization to verify my identity within 10 days before the next PAD is to be issued. I acknowledge that I can obtain a sample cancellation form or further information on my right to cancel this Agreement from SOLARSHARE or by visiting www.cdnpay.ca.

Terms & Conditions for Pre-Authorized Debit

1. In this Agreement, “I”, “me” and “my” refers to each Account Holder whose signature appears. 2. I authorize the Payee, in accordance with the terms of my account agreement with my Financial Institution, to debit or cause to be debited the Account for the purposes indicated in this Agreement. 3. Particulars of the account the Payee is authorized to debit are indicated in the Account details section of this agreement. A specimen cheque, if available for the Account, has been marked “VOID” and attached to this Authorization. 4. I undertake to inform the Payee, in writing, of any change in the Account information provided in this Authorization 10 days prior to the next due date of the PAD. 5. Revocation of this Authorization does not terminate any contract for goods or services that exist between SOLARSHARE and me. This authorization applies only to the method of payment and does not otherwise have any bearing on the contract for goods or services exchanged, 6. I acknowledge that provision and any delivery of this Authorization to the Payee constitutes delivery by me to my Financial Institution. 7. Unless I have waived any and all requirements for pre-notification of debiting in the Waiver of Pre-Notification section of this Agreement, I acknowledge that I will receive written notice of the amount and payment date from the Payee at least 10 calendar days prior to the payment date: a. For the first PAD when the amount is fixed for a Business or Personal PAD. b. Anytime there is a change in the amount or payment date when the amount is fixed for a Business or Personal PAD. c. For every PAD when the amount is variable and is a Business or Personal PAD. d. For any change in the amount resulting from an increase in any applicable tax rate, a top-up or any other adjustment for a Business, Personal or Funds Transferred PAD. 8. If this Authorization provides for PADs with sporadic frequency, I understand the Payee is required to obtain an authorization from me for each and every PAD prior to the PAD being exchanged and cleared. I agree that a password or security code or other signature equivalent will be issued and will constitute valid authorization for my Financial Institution to debit the Account. 9. I agree that my Financial Institution is not required to verify that any Personal PAD has been drawn in accordance with the Agreement, including the amount, frequency and fulfillment of any purpose of any Personal PAD. 10. I acknowledge that, if this Authorization is for personal or business PADs, or for funds transfer PADs that have recourse through the clearing system, a PAD may be disputed but only under the following conditions: a. The PAD was not drawn in accordance with this Authorization; b. This Authorization was revoked; or c. Pre-notification was required and was not received. 11. I further agree that in order to be reimbursed, a declaration to the effect that either (a), (b), or (c) took place must be completed and presented to the branch of my Financial Institution holding the Account on or before the 90th calendar day in the case of a personal PAD or a funds transfer PAD that has recourse through the clearing system or, in the case of a business PAD, on or before the 10th business day, in each case after the date on which the PAD in dispute was posted to the Account. 12. I acknowledge that any claim made after the periods set out above must be resolved solely between me and the Payee and there is no entitlement to reimbursement from my Financial Institution 13. I agree that if this Authorization is for funds transfer PADs and the Payee does not provide recourse through the clearing system, then no recourse will be provided through the clearing system (that is, I will not receive automatic reimbursement or recourse from the Payee in the event a PAD is erroneously charged to the Account. 14. I understand that I am participating in a PAD plan established by the Payee, I accept participation in the PAD plan upon the terms, and conditions set out herein. 15. I consent to the disclosure of any personal information that may be contained in the Authorization to the financial Institution that holds the account of the Payee to be credited with the PAD to the extent that such disclosure of personal information is directly related to and necessary for the proper application of Rule H1 of the Rules of the Canadian Payments Association. AUTHORIZATION By signing this agreement, I acknowledge having received and read a copy of this agreement. I furthermore agree to be bound by the terms and conditions of this agreement. I/We warrant and guarantee that the person(s) whose signature(s) are required to sign on the Account have signed the agreement.*