Common use of Shareholder Registration Clause in Contracts

Shareholder Registration. The Company keeps an off-chain share register that is separate from the Token Register (the "Share Register"). Any person, legal or natural, that can demonstrate the power to dispose over a Share Token (a "Token Holder"), can request the registration in the Share Register. Only the persons registered in the Share Register are entitled to the rights as a shareholder (such as voting and dividend rights). For the avoidance of doubt, a Token Holder is free to transfer its Share Tokens without having first registered in the Share Register. To request the entry in the Share Register, the Token Holder must prove that she or he controls the address where the Share Tokens in question are held. In addition, the Token Holder needs to provide the personal information as per the electronic form provided by the Company or a third party designated by the Company. For Share Tokens held through an intermediary, the intermediary may perform the registration on behalf of the beneficiary.

Shareholder Registration. The Company keeps an off-chain share register that is separate from the Token Register (the "Share Register"). Any person, legal or natural, that can demonstrate the power to dispose over a Share Token (a "Token Holder"), ) can request the registration in the Share Register. Only the persons registered in the Share Register are entitled to the rights as a shareholder (such as voting and dividend rights). For the avoidance of doubt, a Token Holder is free to transfer its Share Tokens without having first registered in the Share Register. To request the entry in the Share Register, the Token Holder must prove that she or he controls the address where the Share Tokens in question are held. In addition, the Token Holder needs to provide the personal information as per the electronic form provided by the Company or a third party designated by the Company. For Share Tokens held through an intermediary, the intermediary may perform the registration on behalf of the beneficiary.