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Article 29
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The following items shall be specified in the terms of issuance and conversion when issuing convertible bonds:<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 face value of each bond and the aggregate amount of this issuance.<br/>5. The availability of collateral or guarantee.<br/>6. The name of trustee and material covenants.<br/>7. Terms of repayment (e.g. repayment of principal upon maturity, payment of principal prior to maturity, terms of call or redemption, etc.).<br/>8. The listing or trading at the business places of securities firms of convertible bonds of an exchange-listed or OTC-listed company.<br/>9. Procedures regarding request for conversion.<br/>10. Criteria for setting terms and conditions of conversion (including conversion price, conversion period and the classes/types of shares to be converted with).<br/>11. Adjustment of conversion price.<br/>12. The disposition of interests and dividends in the year of conversion.<br/>13. The disposition of monetary value for the conversion of less than one share while processing a conversion.<br/>14. Rights and obligations after conversion.<br/>15. The number of times and date for the bondholder to submit the certificates of conversion to acquire new stocks.<br/>16. Conversion shall be performed by either issuing new shares or delivering already issued shares, except that conversion by an emerging stock company or a company whose shares are neither listed on an exchange nor traded at the business places of securities firms shall be effected only through the issuance of new shares.<br/>17. Procedures for obtaining the convertible bonds.<br/>18. Other important stipulations.<br/>Where secured convertible corporate bonds 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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