Common use of Shareholder Registration Clause in Contracts

Shareholder Registration. The Issuer keeps an off-chain share register (the "Share Register") that is separate from the on- chain Smart Contract. Only persons registered in the Share Register are entitled to the rights as a shareholder (such as voting and dividend rights). Until registration, all rights remain with the previously registered shareholder. Any person, legal or natural, that can demonstrate the power to dispose over a Share Token, can request the registration in the Share Register, providing the necessary personal information as required by the relevant forms provided on the Website. The Issuer is free but not required to recognize indirect means of demonstrating the power of disposal, for example for tokens held indirectly on a "layer two blockchain" via a bridge contract, through a sub-register, or for tokens held through an intermediary. Use of such indirect means is at the sole risk and responsibility of the Share Token Holder and the Issuer disclaims any warranty and liability for such indirect means. The Issuer may only refuse the registration in the Share Register in case of transfer restrictions set out in the articles of association (Vinkulierung), if any. If such transfer restrictions require the Issuer’s approval of a Share transfer, the approval is automatically granted with the registration in the Share Register. Such an approval implicitly also approves all hitherto unapproved transfers of the same Shares. For Xxxxx Xxxxxx held on behalf of a third party, the person that controls the tokens ("Fiduciary") may perform the registration of Shares on behalf of the beneficiary. When registering a Fiduciary in the Share Register, the Issuer may request that the Fiduciary reports the beneficial owner, and any subsequent changes to the beneficial ownership. The Issuer may enter into more detailed agreements with Fiduciaries to govern the exchange of registration information.

Shareholder Registration. The Issuer keeps an off-chain share register (the "Share Register") that is separate from the on- on-chain Smart Contract. Only persons registered in the Share Register are entitled to the rights as a shareholder (such as voting and dividend rights). Until registration, all rights remain with the previously registered shareholder. Any person, legal or natural, that can demonstrate the power to dispose over a Share Token, can request the registration in the Share Register, providing the necessary personal information as required by the relevant forms provided on the Website. The Issuer is free but not required to recognize indirect means of demonstrating the power of disposal, for example for tokens held indirectly on a "layer two blockchain" via a bridge contract, through a sub-register, contract or for tokens held through an intermediary. Use of such indirect means is at the sole risk and responsibility of the Share Token Holder and the Issuer disclaims any warranty and liability for such indirect means. The Issuer may only refuse the registration in the Share Register in case of transfer restrictions set out in the articles of association (Vinkulierung), if any. If such transfer restrictions require the Issuer’s approval of a Share transfer, the approval is automatically granted with the registration in the Share Register. Such an approval implicitly also approves all hitherto unapproved transfers of the same Shares. For Xxxxx Xxxxxx Share Tokens held on behalf of a third party, the person that controls the tokens ("Fiduciary") may perform the registration of Shares on behalf of the beneficiary. When registering a Fiduciary in the Share Register, the Issuer may request that the Fiduciary reports the beneficial owner, and any subsequent changes to the beneficial ownership. The Issuer may enter into more detailed agreements with Fiduciaries to govern the exchange of registration information.

Shareholder Registration. The Issuer keeps an off-chain share register (the "Share Register") that is separate from the on- chain Smart Contract. Only persons registered in the Share Register are entitled to the rights as a shareholder (such as voting and dividend rights). Until registration, all rights remain with the previously registered shareholder. Any person, legal or natural, that can demonstrate the power to dispose over a Share Token, can request the registration in the Share Register, providing the necessary personal information as required by the relevant forms provided on the Website. The Issuer is free but not required to recognize indirect means of demonstrating the power of disposal, for example for tokens held indirectly on a "layer two blockchain" via a bridge contract, through a sub-register, or for tokens held through an intermediary. Use of such indirect means is at the sole risk and responsibility of the Share Token Holder and the Issuer disclaims any warranty and liability for such indirect means. The Issuer may only refuse the registration in the Share Register in case of transfer restrictions set out in the articles of association (Vinkulierung), if any. If such transfer restrictions require the Issuer’s approval of a Share transfer, the approval is automatically granted with the registration in the Share Register. Such an approval implicitly also approves all hitherto unapproved transfers of the same Shares. For Xxxxx Xxxxxx Share Tokens held on behalf of a third party, the person that controls the tokens ("Fiduciary") may perform the registration of Shares on behalf of the beneficiary. When registering a Fiduciary in the Share Register, the Issuer may request that the Fiduciary reports the beneficial owner, and any subsequent changes to the beneficial ownership. The Issuer may enter into more detailed agreements with Fiduciaries to govern the exchange of registration information.