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Supplementary Provisions, Article 4

第四条

With regard to the application of Article 266, paragraph (7), items (i) and (iii) of the Amended Commercial Code, and (including cases where applied mutatis mutandis under and ), and and , and , and , to a director who has exercised the right under prior to the amendment by the (including cases where that provision remains in force pursuant to Article 3, paragraph (2) of the Supplementary Provisions of that Act) or the right under prior to the amendment by the (including cases where the provisions then in force continue to govern pursuant to Article 6, paragraph (1) of the Supplementary Provisions of that Act), or to a director who holds such a right, the phrase "the amount multiplied by the number of rights" in is deemed to be replaced with "the amount multiplied by the number of rights, the amount obtained, when the right under prior to the amendment under the (including cases where that provision remains in force pursuant to Article 3, paragraph (2) of the Supplementary Provisions of that Act) has been exercised after assuming office, by multiplying the amount obtained by deducting the transfer price from the market price of the shares of that company at the time of exercise by the number of shares acquired by transfer, and the amount obtained, when the right under prior to the amendment under the (including cases where the provisions then in force are to continue to govern pursuant to Article 6, paragraph (1) of the Supplementary Provisions of that Act) has been exercised after assuming office, by multiplying the amount obtained by deducting the issue price or the price at which transfer was received from the market price of the shares of that company at the time of exercise by the number of shares issued or transferred in lieu of issue".

による改正前の(の規定によりなおその効力を有するものとされる場合を含む。)による改正前の(の規定によりなお従前の例によることとされる場合を含む。)の権利を行使した取締役又は当該権利を有する取締役についての及び、及び(及びにおいて準用する場合を含む。)並びに、、及び並びにの規定の適用については、中「権利ノ数ヲ乗ジタル額」とあるのは、「権利ノ数ヲ乗ジタル額、ニ依ル改正前ノ(同法附則第三条第二項ノ規定ニ依リ仍其ノ効力ヲ有スルモノトセラレタル場合ヲ含ム)ノ権利ヲ就任後ニ行使シタルトキハ行使ノ時ニ於ケル其ノ会社ノ株式ノ時価ヨリ譲渡ノ価額ヲ控除シタル額ニ譲受ケタル株式ノ数ヲ乗ジタル額、ニ依ル改正前ノ(同法附則第六条第一項ノ規定ニ依リ仍従前ノ例ニ依ルコトトセラレタル場合ヲ含ム)ノ権利ヲ就任後ニ行使シタルトキハ行使ノ時ニ於ケル其ノ会社ノ株式ノ時価ヨリ発行価額又ハ移転ヲ受ケタル価額ヲ控除シタル額ニ発行ヲ受ケ又ハ之ニ代ヘテ移転ヲ受ケタル株式ノ数ヲ乗ジタル額」とする。

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