In the cases provided for under Article 238, paragraph (1), item (iii), holders of share options must pay the entire amount to be paid in for the share options for subscription for which the holders respectively subscribed, at the place for the handling of bank, etc. payments designated by the stock company, no later than the day immediately preceding the first day of the period provided for under Article 236, paragraph (1), item (iv) for share options for subscription (or, in the cases provided for under Article 238, paragraph (1), item (v), no later than the date under that item; in paragraph (3) referred to as the "payment date").
第二百三十八条第一項第三号に規定する場合には、新株予約権者は、募集新株予約権についての第二百三十六条第一項第四号の期間の初日の前日（第二百三十八条第一項第五号に規定する場合にあっては、同号の期日。第三項において「払込期日」という。）までに、株式会社が定めた銀行等の払込みの取扱いの場所において、それぞれの募集新株予約権の払込金額の全額を払い込まなければならない。
Notwithstanding the provisions of the preceding paragraph, share option holders may, with the approval of the stock company, tender property other than monies equivalent to the amount to be paid in or set off their claims against relevant stock company, in lieu of payment under the provisions of that paragraph.
In the cases provided for under Article 238, paragraph (1), item (iii), share option holders may not exercise the share options for subscription unless they pay in the entire amount to be paid in for their respective share options for subscription (including tendering property other than monies or setting off claims against relevant stock company in lieu of relevant payment) no later than the payment date with respect to relevant share options for subscription.
第二百三十八条第一項第三号に規定する場合には、新株予約権者は、募集新株予約権についての払込期日までに、それぞれの募集新株予約権の払込金額の全額の払込み（当該払込みに代えてする金銭以外の財産の給付又は当該株式会社に対する債権をもってする相殺を含む。）をしないときは、当該募集新株予約権を行使することができない。
Read this with the articles around it
(Features of Share Option)
the period during which relevant share options can be exercised;
当該新株予約権を行使することができる期間
Open this provision(Determination of Subscription Requirements)
in cases other than the cases provided for in the preceding item, the amount to be paid in for the share options for subscription…
前号に規定する場合以外の場合には、募集新株予約権の払込金額（募集新株予約権一個と引換えに払い込む金銭の額をいう。以下この章において同じ。）又はその算定方法
Open this provision(Determination of Subscription Requirements)
if the stock company prescribes the date for the payment of monies in exchange for the share options for subscription, that date;
募集新株予約権と引換えにする金銭の払込みの期日を定めるときは、その期日
Open this provisionIn the cases provided for under Article 238, paragraph (1), item (iii), holders of share options must pay the entire amount to be paid in for the share options for subscription for which the holders…
第二百三十八条第一項第三号に規定する場合には、新株予約権者は、募集新株予約権についての第二百三十六条第一項第四号の期間の初日の前日（第二百三十八条第一項第五号に規定する場合にあっては、同号の期日。第三項において「払込期日」という。）までに、株式会社が定めた銀行等の払込みの取扱いの場所において…
Open this provisionIn the cases provided for under Article 238, paragraph (1), item (iii), share option holders may not exercise the share options for subscription unless they pay in the entire amount to be paid in for…
第二百三十八条第一項第三号に規定する場合には、新株予約権者は、募集新株予約権についての払込期日までに、それぞれの募集新株予約権の払込金額の全額の払込み（当該払込みに代えてする金銭以外の財産の給付又は当該株式会社に対する債権をもってする相殺を含む。）をしないときは、当該募集新株予約権を行使することができない。
Open this provisionbank, etc.machine translation
「銀行等」
A bank (a business licensed by the Prime Minister to carry on banking, as defined in Article 2, paragraph (1) of the Banking Act), a trust company, or a similar institution set by Ministry of Justice Order (法務省令), at which money for shares must be paid in when a stock company is formed.
Defined inArticle 34, paragraph (2)
share options for subscription
「募集新株予約権」
Share options that a stock company allots to the persons who applied for them in response to its invitation to subscribe.
Defined inArticle 238, paragraph (1)· applies only in this chapter
amount to be paid inmachine translation
「払込金額」
The amount of money to be paid in exchange for each share option for subscription.
Defined inArticle 238, paragraph (1), item (iii)· applies only in this chapter
payment date
「払込期日」
The day by which a person who has been allotted share options for subscription must pay the whole amount due for them: the day before the first day of the period in which the options may be exercised, or, where the company has fixed a date for payment, that date.
Short name set inArticle 246, paragraph (1)· applies only in this provision and in Article 246, paragraph (3)