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Offer to purchase CLEARNET.pdf - About TELUS

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‘‘Shareholders Agreements’’ means the Lock-up Agreements, the hold agreements dated August 20, 2000 among<br />

<strong>TELUS</strong> and each of Nextel International, Inc. and Mo<strong>to</strong>rola Canada Limited with respect <strong>to</strong> holdings of <strong>TELUS</strong><br />

Non-Voting Shares, and the non-competition agreements dated August 20, 2000 among <strong>TELUS</strong>, Clearnet and<br />

each of Lenbrook Inc. and Madison Dearborn Capital Partners, L.P.<br />

‘‘Specific <strong>TELUS</strong> Event’’ means any material adverse change in <strong>TELUS</strong> which occurs as a result of an act of God,<br />

hurricane, <strong>to</strong>rnado, epidemic, landslide, earthquake, an act of public enemy, war (declared or undeclared),<br />

insurrection, embargo, general unrest or restraint of government and people or similar occurrence.<br />

‘‘Spectrum Auction’’ means the auction by the Minister of radio frequency spectrum in the 1.9 <strong>to</strong> 2 GHz frequency<br />

band expected <strong>to</strong> commence in November, 2000.<br />

‘‘Spectrum Cap’’ means the spectrum aggregation limit for radiocommunication carriers (as such term is defined<br />

in the Radiocommunication Act) as determined by the Minister.<br />

‘‘Subsequent Acquisition Transaction’’ has the meaning ascribed there<strong>to</strong> under ‘‘Acquisition of Clearnet Shares<br />

Not Deposited Under the <strong>Offer</strong>s — Subsequent Acquisition Transactions’’ in the Circular.<br />

‘‘subsequent offering period’’ has the meaning ascribed there<strong>to</strong> in Section 5 of the <strong>Offer</strong>s <strong>to</strong> Purchase,<br />

‘‘Extensions, Variation or Change in the <strong>Offer</strong>s’’.<br />

‘‘subsidiary’’ means, with respect <strong>to</strong> a specified body corporate, any body corporate of which more than 50% of<br />

the outstanding shares ordinarily entitled <strong>to</strong> elect a majority of the board of direc<strong>to</strong>rs thereof (whether or not<br />

shares of any other class or classes shall or might be entitled <strong>to</strong> vote upon the happening of any event or<br />

contingency) are at the time owned directly or indirectly by such specified body corporate and shall include any<br />

body corporate, partnership, joint venture or other entity over which it exercises direction or control or which is<br />

in a like relation <strong>to</strong> a subsidiary.<br />

‘‘Superior Proposal’’ has the meaning ascribed there<strong>to</strong> under ‘‘Background <strong>to</strong> the <strong>Offer</strong>s — Support Agreement’’<br />

in the Circular.<br />

‘‘Support Agreement’’ means the agreement dated August 20, 2000 between <strong>TELUS</strong> and Clearnet pursuant <strong>to</strong><br />

which the board of direc<strong>to</strong>rs of Clearnet, among other things, agreed <strong>to</strong> recommend <strong>to</strong> Shareholders that they<br />

accept the <strong>Offer</strong>s and tender their Clearnet Shares <strong>to</strong> support the <strong>Offer</strong>s, as more particularly discussed under<br />

‘‘Background <strong>to</strong> the <strong>Offer</strong>s — Support Agreement’’ in the Circular.<br />

‘‘Take-up Date’’ means a date upon which the <strong>Offer</strong>ors take-up or accept for <strong>purchase</strong> Clearnet Shares tendered<br />

pursuant <strong>to</strong> an <strong>Offer</strong>.<br />

‘‘Tax Act’’ means the Income Tax Act (Canada), as amended.<br />

‘‘Telecommunications Act’’ means the Telecommunications Act, S.C. 1993, c. 38 and the regulations thereunder, as<br />

amended.<br />

‘‘<strong>TELUS</strong>’’ means <strong>TELUS</strong> Corporation, and in the Circular where the context so requires, includes its<br />

subsidiaries.<br />

‘‘<strong>TELUS</strong> Common Shares’’ means the Common Shares in the capital of <strong>TELUS</strong>.<br />

‘‘<strong>TELUS</strong> Mobility’’ means the divisions of <strong>TELUS</strong> Communications Inc. and <strong>TELUS</strong> Mobility Cellular Inc. which<br />

provide wireless communications services.<br />

‘‘<strong>TELUS</strong> Non-Voting Shares’’ means the Non-Voting Shares in the capital of <strong>TELUS</strong>.<br />

‘‘<strong>TELUS</strong> Shares’’ means, collectively, the <strong>TELUS</strong> Common Shares and the <strong>TELUS</strong> Non-Voting Shares.<br />

‘‘Termination Date’’ means November 30, 2000.<br />

‘‘TIC’’ means <strong>TELUS</strong> Integrated Communications.<br />

‘‘TSE’’ means The Toron<strong>to</strong> S<strong>to</strong>ck Exchange.<br />

‘‘United States’’ or ‘‘U.S.’’ means the United States of America, its terri<strong>to</strong>ries and possessions, any State of the<br />

United States and the District of Columbia.<br />

‘‘U.S. Forwarding Agent’’ means Computershare Inves<strong>to</strong>r Services, LLC at the office specified in the Letter of<br />

Transmittal.<br />

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