Common use of Put Option Clause in Contracts

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(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 Firm Securities or Applicable Optional Securities, as applicable, entered in the Commercial Register of the Canton of Vaud at their nominal value, plus expenses of the Representatives as set out in Section 14(f), within ten 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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representatives will deliver the Firm Securities or Applicable Optional Securities, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Securities or Applicable Optional Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(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 Firm Securities or Applicable Optional Securities, as applicable, entered in the Commercial Register of the Canton of Vaud Geneva at their nominal par value, plus expenses of the Representatives as set out in Section 14(f), within ten 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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representatives will deliver the Firm Securities or Applicable Optional Securities, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Securities or Applicable Optional Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b12(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 Firm Securities Underwritten Shares or Applicable Optional SecuritiesOption Shares, as applicable, entered in the Commercial Register of the Canton of Vaud at their nominal valuea 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 14(f12(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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Firm Securities Underwritten Shares or Applicable Optional SecuritiesOption Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Securities Underwritten Shares or Applicable Optional SecuritiesOption Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)12(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b13(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 Firm Securities Shares or Applicable Optional SecuritiesAdditional Shares, as applicable, entered in the Commercial Register of the Canton of Vaud at their nominal value, plus a purchase price representing the expenses of the Representatives as set out in Section 14(f13(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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Firm Securities Shares or Applicable Optional SecuritiesAdditional Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Securities Shares or Applicable Optional SecuritiesAdditional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)13(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b15(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 Firm Securities Shares or Applicable Optional SecuritiesShares, as applicable, entered in the Commercial Register of the Canton of Vaud Zug at their nominal value, plus expenses of the Representatives Representative as set out in Section 14(f15(f), within ten 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. (ii) The notice in which the RepresentativesRepresentative, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representatives Representative will deliver the Firm Securities Shares or Applicable Optional SecuritiesShares, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Securities Shares or Applicable Optional SecuritiesShares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f15(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b13(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 Firm Securities Shares or Applicable Optional SecuritiesAdditional Shares, as applicable, entered in the Commercial Register of the Canton of Vaud at their nominal value, plus expenses of the Representatives as set out in Section 14(f13(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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Firm Securities Shares or Applicable Optional SecuritiesAdditional Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Securities Shares or Applicable Optional SecuritiesAdditional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)13(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b12(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 Firm Initial Securities or Applicable Optional Option Securities, as applicable, entered in the Commercial Register of the Canton of Vaud Basel-Stadt at their nominal value, plus a purchase price representing the expenses of the Representatives as set out in Section 14(f12(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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises Representatives exercise the Put Option shall specify the date on which the Representatives will deliver the Firm Initial Securities or Applicable Optional Option Securities, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Initial Securities or Applicable Optional Option Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)12(f) subject to an agreement to the contrary by the Representatives with the Company).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b11(b), the Representatives, acting on behalf of the several Underwriters, shall have an option (the “Put Option”) to require the CompanyIssuer, subject to article 659 CO, to purchase all Firm Underwritten Securities or Applicable Optional Option Securities, as applicable, entered in the Commercial Register of the Canton of Vaud Basel-Stadt at their nominal value, plus expenses of the Representatives as set out in Section 14(f11(f), within ten calendar days after receipt of a notice in writing addressed to the Company Issuer 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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises exercise the Put Option shall specify the date on which the Representatives will deliver the Firm Underwritten Securities or Applicable Optional Option Securities, as applicable, to the Company Issuer against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, delivery of the Firm Underwritten Securities or Applicable Optional Option Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f)11(f).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 14(b15(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 Firm Securities Shares or Applicable Optional SecuritiesShares, as applicable, entered in the Commercial Register of the Canton of Vaud Zug at their nominal value, plus expenses of the Representatives as set out in Section 14(f15(f), within ten 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. (ii) The notice in which the Representatives, acting on behalf of the several Underwriters, exercises exercise the Put Option shall specify the date on which the Representatives will deliver the Firm Securities Shares or Applicable Optional SecuritiesShares, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Securities Shares or Applicable Optional SecuritiesShares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 14(f15(f)).