一that the terms and conditions of the Investment Trust managed under instructions from the settlor prescribed in Article 4, paragraph (1) (Conclusion of Investment Trust Contract) of the Act on Investment Trusts and Investment Corporations for that Securities Investment Trust provide for the matters listed in (a) through (f) (where that Securities Investment Trust is a foreign Investment Trust (meaning a foreign Investment Trust prescribed in Article 336, paragraph (2), item (v) of the Order; the same applies hereinafter in this item), a document similar to those terms and conditions of the Investment Trust managed under instructions from the settlor provides for the matters listed in (b) and (d) through (f), and the rules on listing of the financial instruments exchange (meaning a financial instruments exchange prescribed in Article 2, paragraph (16) (Definitions) of the Financial Instruments and Exchange Act; the same applies hereinafter in this Article) on which its beneficial interests are to be listed provide for the matters listed in (g) and (h)):

イwith respect to the initial beneficiaries of the trust or additional trust relating to the establishment or additional establishment of that Securities Investment Trust, the beneficial interests are to be transferred or delivered after registering the person's name or title, domicile and individual number or corporate number (for a person who has neither an individual number nor a corporate number, name or title and domicile; the same applies in (g), item (i) of the following paragraph and paragraph (3)) with the trustee;

ロdistribution of proceeds is to be made, for each trust calculation period (where that Securities Investment Trust is a foreign Investment Trust, each calculation period relating to the distribution of proceeds), of the entire amount obtained by deducting the total amount of interest paid, trust fees and other similar expenses from the total amount of dividends, interest received and other similar proceeds arising on the trust property;

ハPayment of distributions of proceeds is to be made to a person whose name or title, domicile and individual number or corporate number (in the case of a person who has neither an individual number nor a corporate number, or a person who receives delivery of the distribution of proceeds through a payment handler prescribed in Article 9-3-2, paragraph (1) (Special Provisions on Obligation to Withhold Taxes, etc. for Dividends and Similar Income on Listed Shares, etc.) of the Act on Special Measures Concerning Taxation, the name or title and domicile; the same applies in (h) and in item (ii) of the following paragraph) are registered with the trustee as a beneficiary on the last day of the calculation period for the distribution of proceeds;

ニA beneficiary may request, by means of no fewer than a certain number of beneficial interests held by that person, an exchange of those beneficial interests for shares equivalent to the interest of those beneficial interests in the trust property (where, among the shares belonging to the trust property, there are shares for which the record date relating to the right to receive the dividends and similar income prescribed in Article 24, paragraph (1) (Dividend Income) of the Act paid by the issuing corporation of the shares, or relating to any other right of a shareholder, is the date of the exchange (referred to as "ex-rights shares" in (d)), this includes the delivery of monies equivalent to the value of those ex-rights shares; the same applies in (e) and (f));

ホIf a request for the exchange under (d) is made, the settlor of the Securities Investment Trust is to instruct the trustee to effect an exchange of those beneficial interests for those of the shares belonging to the trust property that are equivalent to the interest of those beneficial interests in the trust property (where the Securities Investment Trust is a foreign Investment Trust, the trustee of the foreign Investment Trust is to effect an exchange of those beneficial interests for those of the shares belonging to the trust property that are equivalent to the interest of those beneficial interests in the trust property);

ヘIf the number of beneficial interests in the Securities Investment Trust falls below a certain number as a result of effecting the exchange under (e), the settlor may terminate the Securities Investment Trust (where the Securities Investment Trust is a foreign Investment Trust, if the amount of net assets of the trust property of the foreign Investment Trust falls below a certain amount as a result of effecting the exchange under (e), the settlor may terminate the foreign Investment Trust);

トWith respect to the initial beneficiaries under the trust or additional trust relating to the establishment or additional establishment of the Securities Investment Trust, the transfer or delivery of beneficial interests is to be carried out after registering the name or title, domicile and individual number or corporate number of the person with the entrusted corporation for sales settlement (meaning a corporation that has been entrusted, by the financial instruments exchange on which the beneficial interests are to be listed, with affairs relating to the settlement of sales of the beneficial interests; the same applies in (h));

チPayment of distributions of proceeds is to be made to a person whose name or title, domicile and individual number or corporate number are registered with the entrusted corporation for sales settlement as a beneficiary on the last day of the calculation period for the distribution of proceeds;

二the Securities Investment Trust is one listed in Article 12, item (i) or (ii) (Exceptions to the Prohibition of Settlor-Directed Investment Trusts Other Than Money Trusts) of the Order for Enforcement of the Act on Investment Trusts and Investment Corporations (Cabinet Order No. 480 of 2000).

一With respect to the initial beneficiaries under the trust or additional trust relating to the establishment or additional establishment of the Investment Trust, the transfer or delivery of beneficial interests is to be carried out after registering the name or title, domicile and individual number or corporate number of the person with the trustee;

二Payment of distributions of proceeds is to be made to a person whose name or title, domicile and individual number or corporate number are registered with the trustee as a beneficiary on the last day of the calculation period for the distribution of proceeds.