Article 244Special Provisions on the Subscription for and Allotment of Share Options for Subscription
第二百四十四条（募集新株予約権の申込み及び割当てに関する特則）
The provisions of the preceding two Articles do not apply if a person who intends to subscribe for share options for subscription executes a contract for subscription for the total number of those share options.
前二条の規定は、募集新株予約権を引き受けようとする者がその総数の引受けを行う契約を締結する場合には、適用しない。
For the purpose of the application of the preceding paragraph if the share options for subscription are those attached to bonds with share option, the phrase "for subscription for the total number of those share options" in that paragraph is deemed to be replaced with "for subscription for the total number of those share options and the total amount of the bonds to which relevant share options for subscription are attached".
In the case prescribed in paragraph (1), in the following cases, a stock company must obtain approval for the contact set forth in the same paragraph by the resolution at the shareholders meeting (or at a the board of directors meeting for a company with board of directors);provided, however, that this does not apply to cases where it is otherwise provided for in the articles of incorporation:
if all or part of shares underlying share options for subscription are shares with restriction on transfer; and