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Article 41
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The following items shall be provided in the terms and conditions when issuing corporate bonds with equity warrants:<br/>1. Issue date.<br/>2. Coupon rate and payment of interest.<br/>3. Date of interest payment.<br/>4. Type of corporate bonds, the amount of each bond and the aggregate amount of this issuance.<br/>5. The units of warrant represented by each corporate bond with warrant.<br/>6. For corporate bonds with detachable warrants, the total number of the issued units of the warrants and the method of calculation of the price per unit of the warrants.<br/>7. The availability of security or guarantee.<br/>8. Name of trustee and material covenants.<br/>9. Terms of repayment (e.g. repayment of principal upon maturity, payment of principal prior to maturity, terms of call or redemption, etc.).<br/>10. The listing or trading at the business places of securities firms of listed or OTC companies' corporate bonds with equity warrants.<br/>11. Procedures regarding request for exercising warrant; payment for stock price shall be made either in cash or by corporate bonds of the issuer.<br/>12. Criteria for setting terms and conditions of exercising warrant (including exercise price, exercise period, the classes/types of shares with which to exercise warrant, and the number of shares represented by each unit of warrant).<br/>13. Adjustment of exercise price.<br/>14. The disposition of interests and dividends in the year of exercising warrant.<br/>15. Rights and obligations after exercising warrant.<br/>16. Performance of contract shall be made only by issuing new shares.<br/>17. The number of times and date for the bondholder to acquire new stocks by submitting certificates of payment for shares.<br/>18. Procedure for obtaining the corporate bond with equity warrant.<br/>19. Other stipulations.<br/>Secured corporate bonds with equity warrants are backed by the stocks of another company held by the issuer, the provisions of Article 25 shall apply mutatis mutandis.
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