Common use of Put Option Clause in Contracts

Put Option. (i) Following the expiry of the Call Option pursuant to Section 15(b), the Representative shall have an option (the “Put Option”) to require the Company, subject to article 659 CO, to purchase all Firm Shares or Applicable Optional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at their nominal value, plus expenses of the Representative as set out in Section 15(f), within ten calendar days after receipt of a notice in writing addressed to the Company from the Representative, stating that the 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 Representative exercises the Put Option shall specify the date on which the Representative will deliver the Firm Shares or Applicable Optional Shares, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Shares or Applicable Optional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f)).

Put Option. (i1) Following the expiry of the Call Option pursuant to Section 15(b9(c)(ii), the Representative 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 Shares Initial Securities or Applicable Optional Additional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at their nominal value, plus a purchase price representing the expenses of the Representative Representatives as set out in Section 15(f9(c)(v), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative Representatives exercises the Put Option. The Put Option shall expire on the twentieth calendar day after the Event of Non-Completion. (ii2) The notice in which the Representative exercises Representatives exercise the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares Initial Securities or Applicable Optional Additional Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Shares Initial Securities or Applicable Optional Additional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f)9(c)(vi) 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 15(b14(b), the Representative 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 Shares Securities or Applicable Optional SharesSecurities, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at their nominal value, plus expenses of the Representative Representatives as set out in Section 15(f14(f), within ten calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative 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 Representative Representatives, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares Securities or Applicable Optional SharesSecurities, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Shares Securities or Applicable Optional SharesSecurities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f14(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 15(b‎13(b), and if such Call Option has not been so exercised, the Representative 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 Shares or Applicable Optional Option Shares, as applicable, entered in the Commercial Register of the Canton of Zug Nidwalden at their nominal value, plus a purchase price representing the expenses of the Representative Representatives as set out in Section 15(f), ) within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the Representative, stating that the 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 Representative exercises Representatives exercise the Put Option shall specify the date on which the Representative will deliver the Firm Shares or Applicable Optional Option Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Shares or Applicable Optional Option Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f)) subject to an agreement to the contrary by the Representative with the Company).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 15(b14(b), the Representative 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 Shares Securities or Applicable Optional SharesSecurities, as applicable, entered in the Commercial Register of the Canton of Zug Geneva at their nominal par value, plus expenses of the Representative Representatives as set out in Section 15(f14(f), within ten calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative 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 Representative Representatives, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares Securities or Applicable Optional SharesSecurities, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Shares Securities or Applicable Optional SharesSecurities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f14(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 15(b12(b), the Representative 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 Underwritten Shares or Applicable Optional Option Shares, as applicable, entered in the Commercial Register of the Canton of Zug 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 Representative Representatives as set out in Section 15(f12(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative 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 Representative exercises Representatives exercise the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Underwritten Shares or Applicable Optional Option Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Underwritten Shares or Applicable Optional Option Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(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 15(b12(b), the Representative 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 Shares Initial Securities or Applicable Optional SharesOption Securities, as applicable, entered in the Commercial Register of the Canton of Zug Basel-Stadt at their nominal value, plus a purchase price representing the expenses of the Representative Representatives as set out in Section 15(f12(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative 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 Representative exercises Representatives exercise the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares Initial Securities or Applicable Optional SharesOption Securities, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Shares Initial Securities or Applicable Optional SharesOption Securities, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(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 15(b), the Representative Representative, 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 Shares or Applicable Optional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at their nominal value, plus expenses of the Representative as set out in Section 15(f), within ten calendar days after receipt of a notice in writing addressed to the Company from the Representative, stating that the 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 Representative Representative, acting on behalf of the several Underwriters, exercises the Put Option shall specify the date on which the Representative will deliver the Firm Shares or Applicable Optional Shares, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Shares or Applicable Optional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 15(b13(b), the Representative 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 Shares or Applicable Optional Additional Shares, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at their nominal value, plus a purchase price representing the expenses of the Representative Representatives as set out in Section 15(f13(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative 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 Representative exercises Representatives exercise the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares or Applicable Optional Additional Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Shares or Applicable Optional Additional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(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 15(b), the Representative 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 Shares or Applicable Optional Shares, as applicable, entered in the Commercial Register of the Canton of Zug at their nominal value, plus expenses of the Representative Representatives as set out in Section 15(f), within ten calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative exercises Representatives 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 Representative exercises Representatives, acting on behalf of the several Underwriters, exercise the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares or Applicable Optional Shares, as applicable, to the Company against direct payment therefore, and shall contain detailed instructions regarding payment, delivery of the Firm Shares or Applicable Optional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f)).

Put Option. (i) Following the expiry of the Call Option pursuant to Section 15(b13(b), the Representative 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 Shares or Applicable Optional Additional Shares, as applicable, entered in the Commercial Register of the Canton of Zug Vaud at their nominal value, plus expenses of the Representative Representatives as set out in Section 15(f13(f), within ten (10) calendar days after receipt of a notice in writing addressed to the Company from the RepresentativeRepresentatives, stating that the Representative 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 Representative exercises Representatives exercise the Put Option shall specify the date on which the Representative Representatives will deliver the Firm Shares or Applicable Optional Additional Shares, as applicable, to the Company against direct payment thereforetherefor, and shall contain detailed instructions regarding payment, payment and delivery of the Firm Shares or Applicable Optional Additional Shares, as applicable, and amount payable (including satisfactory details regarding the costs claimed according to Section 15(f)13(f) subject to an agreement to the contrary by the Representatives with the Company).