2010 Terms and Conditions

1. an individual normally residing in Ontario and having an Ontario address;
2. a corporation, society, non-profit association or other organization having a permanent establishment in Ontario; or
3. a beneficiary of
   1. a Registered Retirement Savings Plan, Registered Retirement Income Fund, Deferred Profit Sharing Plan, Employee Benefit Plan, Registered Education Savings Plan, or Registered Pension Plan, or
   2. an estate or other trust
   where that beneficiary meets the requirements of (a) or (b) above.

The Province shall have the right to cancel any Bonds acquired by or for a beneficial owner who does not at the time of acquisition meet the ownership eligibility requirements.

1. the Maturity Date for the Bonds, or
2. in accordance with paragraph 23, when exchanged for Annual Interest Bonds, or
3. if the Bonds are redeemed on a Redemption Date.

1. compound interest for the period from June 21, 2010 to the June 21 prior to the date of the exchange, plus
2. simple interest, if applicable, to the date of the exchange.

1. in the case of a mutilated or defaced Bond, the mutilated or defaced Bond; and
2. in the case of a destroyed, stolen or lost Bond
   1. evidence satisfactory to the Province and Registrar that the Bond was destroyed, stolen or lost, and
   2. an indemnity bond issued by a surety company satisfactory to the Province and the Registrar, in such form as the Province may require where the cost of the indemnity arising from the above transaction is borne by the registered holder.