Common use of COMPULSORY TRANSFER OF SHARES/SHARE CONVERSION Clause in Contracts

COMPULSORY TRANSFER OF SHARES/SHARE CONVERSION. 2.1 In the event that on the Relevant Cessation Date the Subscriber holds Linked Shares (not being Shares which are the subject of a Conversion Notice or shares into which the same have been converted) that are on that date Unreleased Shares, whether by reason of the Option lapsing under clause 2.5 or clause 5 or Schedule 1 of this Agreement, or the Option having been exercised in full and not all of the Linked Shares being Released, the Unreleased Shares shall, prior to a Listing, be Compulsory Sale Shares within the meaning of the Articles and the Subscriber shall be deemed to have given a Compulsory Sale Notice as defined in the Articles with respect to such shares in accordance with Article 13.1 provided, however, that notwithstanding any provision of Article 13, the price for the Unreleased Shares determined in accordance with Article 13.5 shall be the price determined in accordance with Article 13.5.1 and the Subscriber hereby waives any and all entitlement to the price determined in accordance with Article 13.5.2 for the Unreleased Shares, even in circumstances in which the Subscriber is a Good Leaver within the meaning of the Articles. Table of Contents

COMPULSORY TRANSFER OF SHARES/SHARE CONVERSION. 2.1 In the event that on the Relevant Cessation Date the Subscriber holds Linked Shares (not being Shares which are the subject of a Conversion Notice or shares into which the same have been converted) that are on that date Unreleased Shares, whether by reason of the Option lapsing under clause 2.5 or clause 5 or Schedule 1 of this Agreement, or the Option having been exercised in full and not all of the Linked Shares being Released, the Unreleased Shares shall, prior to a Listing, be Compulsory Sale Shares within the meaning of the Articles and the Subscriber shall be deemed to have given a Compulsory Sale Notice as defined in the Articles with respect to such shares in accordance with Article 13.1 provided, however, that notwithstanding any provision of Article 13, the price for the Unreleased Shares determined in accordance with Article 13.5 shall be the price determined in accordance with Article 13.5.1 and the Subscriber hereby waives any and all entitlement to the price determined in accordance with Article 13.5.2 for the Unreleased Shares, even in circumstances in which the Subscriber is a Good Leaver within the meaning of the Articles. Table of Contents.