‘‘ MEIP Share Loan ’’ means the loan by the Company to each MEIP Shareholder provided to fund the purchase of Common Shares. ‘‘ MEIP Shareholders ’’ means those employees who have acquired shares in Orbit Garant pursuant to the MEIP , being R enaud Mercier, R obert Brouillette, Sylvain L aroche, Alain L aplante and R aymond L eclerc. ‘‘ Named Executive Officers ’’ means the CEO, CFO and the three other most highly compensated persons who were serving as executive officers of Orbit Garant as of the end of the most recently completed financial year-end. ‘‘ New Credit Agreement ’’ means the credit agreement to be entered into by Orbit Garant and Orbit Garant Drilling, a general partnership, on the Closing Date. ‘‘ New Option Plan ’’ means Orbit Garant’s option plan to be implemented in connection with this Offering. ‘‘ Non-Compete Area ’’ means Canada, the United States, (British) Guyana, F rench Guyana, Burundi, Suriname, or other jurisdictions where Orbit Garant carried on business prior to the date of entering into an employment contract. ‘‘ Normalized EBITD A ’’ means EBITD A adjusted for management fees, integration fees, and extraordinary transaction fees. ‘‘ NRC ’’ means National R esources Canada. ‘‘ Offered Shares ’’ means the Common Shares offered pursuant to the Offering, including the issuance of Common Shares on exercise of the Over- Allotment Option. ‘‘ Offering ’’ means, collectively, the T reasury Offering and the Secondary Offering. ‘‘ Offering P rice ’’ means $4.00 per Offered Share. ‘‘ Option P rice ’’ means the price per Common Share at which Common Shares may be purchased under the Option Plan. ‘‘ Orbit ’’ means F orage Orbit Inc. ‘‘ Orbit Garant ’’ means Orbit Garant Drilling Inc., a company amalgamated under the laws of Canada. ‘‘ Orbit Share P urchase Agreement ’’ means the share purchase agreement dated January 31, 2007 between the Orbit V endors, Garant and Orbit pursuant to which Garant acquired from the Orbit V endors all of the issued and outstanding securities of Orbit. ‘‘ Orbit V endors ’’ means P ierre Alexandre, Eric Alexandre, Richard Alexandre, Marc R ochefort, Gilles P aquin, 2867-3820 Qu ? ebec Inc. and 9014-3330 Qu ? ebec Inc. ‘‘ Original Garant V endors ’’ means the shareholders of Garant who sold 75% of their interest in Garant to P rivate Equity Investors, being 96052 Canada Lt ? ee, Michel Mathieu, Johann Duval, Monique Harvey and Ken Mathieu. ‘‘ Over-Allotment Option ’’ means the option granted by the Selling Shareholders to the Underwriters to purchase up to 2,250,000 additional Common Shares, exercisable for a period of 30 days after the Closing. ‘‘ Phyl-Don ’’ means Phyl-Don Holdings and Management Ltd., the former parent of Drift. ‘‘ P reference Shares ’’ means the preference shares, issuable in series, of Orbit Garant. ‘‘ P rior Option Plan ’’ means Orbit Garant’s existing stock option adopted as of January 31, 2007. ‘‘ P rivate Equity Investors ’’ means 1684182 Ontario and 1684182 International, collectively. ‘‘ production drilling ’’ means drilling completed at a producing surface or underground mine. ‘‘ R est of the W orld category ’’ means regions other than Canada. ‘‘ reverse circulation drilling ’’ means the surface drilling process whereby a pneumatic piston forces compressed air and water down the outer shell of a double-walled rod and drives a tungsten-studded button bit to cut and 17