Common use of Put Option Clause in Contracts

Put Option. (1) Following the expiry of the Call Option pursuant to Section 9(c)(ii), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities or Applicable Additional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at a purchase price representing the expenses of the Representatives as set out in Section 9(c)(v), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. (2) The notice in which the Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Initial Securities or Applicable Additional Shares, as applicable, to the Company against direct payment therefor, and shall contain detailed instructions regarding payment and delivery of the Initial Securities or Applicable Additional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii14(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Firm Securities or Applicable Additional SharesOptional Securities, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at a purchase price representing the their nominal value, plus expenses of the Representatives as set out in Section 9(c)(v14(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. The Put Option shall expire on the twentieth calendar day after the Event of Non-Completion. (2ii) The notice in which the Representatives exercise Representatives, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representatives will deliver the Initial Firm Securities or Applicable Additional SharesOptional Securities, as applicable, to the Company against direct payment therefortherefore, and shall contain detailed instructions regarding payment and payment, delivery of the Initial Firm Securities or Applicable Additional SharesOptional Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi) subject to an agreement to the contrary by the Representatives with the Company14(f)).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii15(b), the Representatives, acting on behalf of the several Underwriters, Representative shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at a purchase price representing the their nominal value, plus expenses of the Representatives Representative as set out in Section 9(c)(v15(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativesRepresentative, stating that the Representatives Representative exercises the Put Option. The Put Option shall expire on the twentieth calendar day after the Event of Non-Completion. (2ii) The notice in which the Representatives exercise Representative exercises the Put Option shall specify the date on which the Representatives Representative will deliver the Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, to the Company against direct payment therefortherefore, and shall contain detailed instructions regarding payment and payment, delivery of the Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi) subject to an agreement to the contrary by the Representatives with the Company15(f)).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii‎13(b), and if such Call Option has not been so exercised, the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Firm Shares or Applicable Additional Option Shares, as applicable, entered in the Commercial Register of the Canton of Zug Nidwalden at a purchase price representing the expenses of the Representatives as set out in Section 9(c)(v), 15(f) within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativesRepresentative, stating that the Representatives Representative exercises the Put Option. (2ii) The notice in which the Representatives exercise the Put Option shall specify the date on which the Representatives Representative will deliver the Initial Securities Firm Shares or Applicable Additional Option Shares, as applicable, to the Company against direct payment therefor, and shall contain detailed instructions regarding payment and delivery of the Initial Securities Firm Shares or Applicable Additional Option Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi15(f)) subject to an agreement to the contrary by the Representatives Representative with the Company).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii15(b), the RepresentativesRepresentative, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at a purchase price representing the their nominal value, plus expenses of the Representatives Representative as set out in Section 9(c)(v15(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativesRepresentative, stating that the Representatives Representative exercises the Put Option. The Put Option shall expire on the twentieth calendar day after the Event of Non-Completion. (2ii) The notice in which the Representatives exercise Representative, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representatives Representative will deliver the Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, to the Company against direct payment therefortherefore, and shall contain detailed instructions regarding payment and payment, delivery of the Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi) subject to an agreement to the contrary by the Representatives with the Company15(f)).

Put Option. (1) Following the expiry of the Call Option pursuant to Section 9(c)(ii12(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Underwritten Shares or Applicable Additional Option Shares, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at a purchase price representing the Aggregate Firm Capital Increase Amount or the Aggregate Over-Allotment Capital Increase Amount, as applicable, plus expenses of the Representatives as set out in Section 9(c)(v12(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. (2) . The notice in which the Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Initial Securities Underwritten Shares or Applicable Additional Option Shares, as applicable, to the Company against direct payment therefor, and shall contain detailed instructions regarding payment and delivery of the Initial Securities Underwritten Shares or Applicable Additional Option Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi12(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii13(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Firm Shares or Applicable Additional Shares, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at a purchase price representing the expenses of the Representatives as set out in Section 9(c)(v13(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. (2ii) The notice in which the Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Initial Securities Firm Shares or Applicable Additional Shares, as applicable, to the Company against direct payment therefor, and shall contain detailed instructions regarding payment and delivery of the Initial Securities Firm Shares or Applicable Additional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi13(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii15(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at a purchase price representing the their nominal value, plus expenses of the Representatives as set out in Section 9(c)(v15(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises exercise the Put Option. The Put Option shall expire on the twentieth calendar day after the Event of Non-Completion. (2ii) The notice in which the Representatives Representatives, acting on behalf of the several Underwriters, exercise the Put Option shall specify the date on which the Representatives will deliver the Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, to the Company against direct payment therefortherefore, and shall contain detailed instructions regarding payment and payment, delivery of the Initial Securities Firm Shares or Applicable Additional Optional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi) subject to an agreement to the contrary by the Representatives with the Company15(f)).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii13(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities Firm Shares or Applicable Additional Shares, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at a purchase price representing the their nominal value, plus expenses of the Representatives as set out in Section 9(c)(v13(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. (2ii) The notice in which the Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Initial Securities Firm Shares or Applicable Additional Shares, as applicable, to the Company against direct payment therefor, and shall contain detailed instructions regarding payment and delivery of the Initial Securities Firm Shares or Applicable Additional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi13(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii14(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Firm Securities or Applicable Additional SharesOptional Securities, as applicable, entered in the Commercial Register of the Canton of Zug Geneva at a purchase price representing the their par value, plus expenses of the Representatives as set out in Section 9(c)(v14(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. The Put Option shall expire on the twentieth calendar day after the Event of Non-Completion. (2ii) The notice in which the Representatives exercise Representatives, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representatives will deliver the Initial Firm Securities or Applicable Additional SharesOptional Securities, as applicable, to the Company against direct payment therefortherefore, and shall contain detailed instructions regarding payment and payment, delivery of the Initial Firm Securities or Applicable Additional SharesOptional Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi) subject to an agreement to the contrary by the Representatives with the Company14(f)).

Put Option. (1i) Following the expiry of the Call Option pursuant to Section 9(c)(ii12(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Initial Securities or Applicable Additional SharesOption Securities, as applicable, entered in the Commercial Register of the Canton of Zug Basel-Stadt at a purchase price representing the expenses of the Representatives as set out in Section 9(c)(v12(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representatives, stating that the Representatives exercises the Put Option. The Put Option shall expire on the twentieth (20th) calendar day after the Event of Non-Completion. (2ii) The notice in which the Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Initial Securities or Applicable Additional SharesOption Securities, as applicable, to the Company against direct payment therefor, and shall contain detailed instructions regarding payment and delivery of the Initial Securities or Applicable Additional SharesOption Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 9(c)(vi12(f) subject to an agreement to the contrary by the Representatives with the Company).