Common use of Disposal of Treasury Shares Clause in Contracts

Disposal of Treasury Shares. 1. The Corporation shall grant 312,000 shares of common stock of the Corporation by the disposal of treasury shares (the “Disposal of Treasury Shares”) in accordance with the following terms, and the Qualified Person shall subscribe for [●] shares (the “Shares”; and the number of the Shares shall be hereinafter referred to as the “Number of Shares”) out of the said shares. (1) Class and number of the total shares which the Corporation shall grant to all Qualified Persons (the “Offered Shares”) 312,000 shares of common stock of the Corporation (2) Method of allotment of Offered Shares Allotment of shares as restricted stock (3) Amount to be paid for each Offered Share 11,586 yen per share (4) Total amount to be paid for Offered Shares 3,614,832,000 yen (5) Substance and value of the investment assets that will be contributed in kind Monetary compensation receivables payable by the Corporation that will be granted to the Corporate Executive Officers of the Corporation: 1,540,938,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 yen), monetary compensation receivables payable by the Corporation that will be granted to the Non-Executive Directors of the Corporation: 92,688,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 yen), monetary compensation receivables payable by the Corporation that will be granted to the Executives of the Corporation: 1,514,290,200 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 yen) and monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to Executives of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such Executives in relation to such monetary compensation receivables): 466,915,800 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 yen) (6) Payment date July 25, 2022 (the “Payment Date”) 2. The Qualified Person hereby agrees to immediately pay, on the Payment Date, the monetary compensation receivables to the Corporation in the amount obtained by multiplying (i) the Number of Shares to be subscribed for by the Qualified Person pursuant to the main clause of the preceding Paragraph by (ii) the amount of monetary compensation receivables that will be contributed per share for the Offered Shares, which is set forth in Item (5) of the preceding Paragraph; and the Corporation hereby approves payment by way of such contribution.

Disposal of Treasury Shares. 1. The Corporation shall grant 312,000 298,700 shares of common stock of the Corporation by the disposal of treasury shares (the “Disposal of Treasury Shares”) in accordance with the following terms, and the Qualified Person shall subscribe for [●] shares (the “Shares”; and the number of the Shares shall be hereinafter referred to as the “Number of Shares”) out of the said shares. (1) Class and number of the total shares which the Corporation shall grant to all Qualified Persons (the “Offered Shares”) 312,000 298,700 shares of common stock of the Corporation (2) Method of allotment of Offered Shares Allotment of shares as restricted stock (3) Amount to be paid for each Offered Share 11,586 11,000 yen per share (4) Total amount to be paid for Offered Shares 3,614,832,000 3,285,700,000 yen (5) Substance and value of the investment assets that will be contributed in kind Monetary compensation receivables payable by the Corporation that will be granted to the Corporate Executive Officers of the Corporation: 1,540,938,000 1,452,000,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 11,000 yen), monetary compensation receivables payable by the Corporation that will be granted to the Non-Executive Directors of the Corporation: 92,688,000 99,000,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 11,000 yen), monetary compensation receivables payable by the Corporation that will be granted to the Executives of the Corporation: 1,514,290,200 1,210,000,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 11,000 yen) and monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to Executives of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such Executives in relation to such monetary compensation receivables): 466,915,800 524,700,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 11,000 yen) (6) Payment date July 2520, 2022 2021 (the “Payment Date”) 2. The Qualified Person hereby agrees to immediately pay, on the Payment Date, the monetary compensation receivables to the Corporation in the amount obtained by multiplying (i) the Number of Shares to be subscribed for by the Qualified Person pursuant to the main clause of the preceding Paragraph by (ii) the amount of monetary compensation receivables that will be contributed per share for the Offered Shares, which is set forth in Item (5) of the preceding Paragraph; and the Corporation hereby approves payment by way of such contribution.

Disposal of Treasury Shares. 1. The Corporation shall grant 312,000 385,000 shares of common stock of the Corporation by the disposal of treasury shares (the “Disposal of Treasury Shares”) in accordance with the following terms, and the Qualified Person shall subscribe for [●] shares (the “Shares”; and the number of the Shares shall be hereinafter referred to as the “Number of Shares”) out of the said shares. (1) Class and number of the total shares which the Corporation shall grant to all Qualified Persons (the “Offered Shares”) 312,000 385,000 shares of common stock of the Corporation (2) Method of allotment of Offered Shares Allotment of shares as restricted stock (3) Amount to be paid for each Offered Share 11,586 13,160 yen per share (4) Total amount to be paid for Offered Shares 3,614,832,000 5,066,600,000 yen (5) Substance and value of the investment assets that will be contributed in kind Monetary compensation receivables payable by the Corporation that will be granted to the Corporate Executive Officers Outside Directors of the Corporation: 1,540,938,000 105,280,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen), monetary compensation receivables payable by the Corporation that will be granted to the Non-Corporate Executive Directors Officers of the Corporation: 92,688,000 2,171,400,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen), monetary compensation receivables payable by the Corporation that will be granted to the Executives employees of the Corporation: 1,514,290,200 65,800,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen) and ), monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to Executives directors and officers of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such Executives directors and officers in relation to such monetary compensation receivables): 466,915,800 2,250,360,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen) and monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to employees of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such employees in relation to such monetary compensation receivables): 473,760,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 13,160 yen) (6) Payment date July 2514, 2022 2023 (the “Payment Date”) 2. The Qualified Person hereby agrees to immediately pay, on the Payment Date, the monetary compensation receivables to the Corporation in the amount obtained by multiplying (i) the Number of Shares to be subscribed for by the Qualified Person pursuant to the main clause of the preceding Paragraph by (ii) the amount of monetary compensation receivables that will be contributed per share for the Offered Shares, which is set forth in Item (5) of the preceding Paragraph; and the Corporation hereby approves payment by way of such contribution.

Disposal of Treasury Shares. 1. The Corporation shall grant 312,000 197,000 shares of common stock of the Corporation by the disposal of treasury shares (the “Disposal of Treasury Shares”) in accordance with the following terms, and the Qualified Person shall subscribe for [●] shares (the “Shares”; and the number of the Shares shall be hereinafter referred to as the “Number of Shares”) out of the said shares. (1) Class and number of the total shares which the Corporation shall grant to all Qualified Persons (the “Offered Shares”) 312,000 197,000 shares of common stock of the Corporation (2) Method of allotment of Offered Shares Allotment of shares as restricted stock (3) Amount to be paid for each Offered Share 11,586 7,384 yen per share (4) Total amount to be paid for Offered Shares 3,614,832,000 1,454,648,000 yen (5) Substance and value of the investment assets that will be contributed in kind Monetary compensation receivables payable by the Corporation that will be granted to the Corporate Executive Officers of the Corporation: 1,540,938,000 679,328,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 7,384 yen), monetary compensation receivables payable by the Corporation that will be granted to the Non-Executive Directors of the Corporation: 92,688,000 73,840,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 7,384 yen), ) and monetary compensation receivables payable by the Corporation that will be granted to the Executives of the Corporation: 1,514,290,200 701,480,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 yen) and monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to Executives of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such Executives in relation to such monetary compensation receivables): 466,915,800 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 7,384 yen) (6) Payment date July 2521, 2022 2020 (the “Payment Date”) 2. The Qualified Person hereby agrees to immediately pay, on the Payment Date, the monetary compensation receivables to the Corporation in the amount obtained by multiplying (i) the Number of Shares to be subscribed for by the Qualified Person pursuant to the main clause of the preceding Paragraph by (ii) the amount of monetary compensation receivables that will be contributed per share for the Offered Shares, which is set forth in Item (5) of the preceding Paragraph; and the Corporation hereby approves payment by way of such contribution.

Disposal of Treasury Shares. 1. The Corporation shall grant 312,000 385,000 shares of common stock of the Corporation by the disposal of treasury shares (the “Disposal of Treasury Shares”) in accordance with the following terms, and the Qualified Person shall subscribe for [●] shares (the “Shares”; and the number of the Shares shall be hereinafter referred to as the “Number of Shares”) out of the said shares. (1) Class and number of the total shares which the Corporation shall grant to all Qualified Persons (the “Offered Shares”) 312,000 385,000 shares of common stock of the Corporation (2) Method of allotment of Offered Shares Allotment of shares as restricted stock (3) Amount to be paid for each Offered Share 11,586 13,160 yen per share (4) Total amount to be paid for Offered Shares 3,614,832,000 5,066,600,000 yen (5) Substance and value of the investment assets that will be contributed in kind Monetary compensation receivables payable by the Corporation that will be granted to the Corporate Executive Officers Outside Directors of the Corporation: 1,540,938,000 105,280,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen), monetary compensation receivables payable by the Corporation that will be granted to the Non-Corporate Executive Directors Officers of the Corporation: 92,688,000 2,171,400,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen), monetary compensation receivables payable by the Corporation that will be granted to the Executives employees of the Corporation: 1,514,290,200 65,800,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen) and ), monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to Executives directors and officers of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such Executives directors and officers in relation to such monetary compensation receivables): 466,915,800 2,250,360,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 11,586 13,160 yen)) and monetary compensation receivables payable by subsidiaries of the Corporation that will be granted to employees of such subsidiaries (the Corporation will assume such subsidiaries’ debt obligation owed to such employees in relation to such monetary compensation receivables): 473,760,000 yen (the amount of monetary compensation receivables that will be contributed for the Offered Shares, per share: 13,160 yen (6) Payment date July 2514, 2022 2023 (the “Payment Date”) 2. The Qualified Person hereby agrees to immediately pay, on the Payment Date, the monetary compensation receivables to the Corporation in the amount obtained by multiplying (i) the Number of Shares to be subscribed for by the Qualified Person pursuant to the main clause of the preceding Paragraph by (ii) the amount of monetary compensation receivables that will be contributed per share for the Offered Shares, which is set forth in Item (5) of the preceding Paragraph; and the Corporation hereby approves payment by way of such contribution.