Incredimail 2014 Annual Report Download - page 103

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Except as otherwise provided in these Articles, the Company shall be entitled to treat each Shareholder identified on the Shareholders
Register as the absolute owner of the shares registered in his name, and accordingly, shall not, except as ordered by a court of
competent jurisdiction, or as required by statute, be obligated to recognize any equitable or other claim to, or interest in, such share on
the part of any other person.
If, pursuant to the terms of allotment or issue of any share and unless determined otherwise in such terms, all or any portion of the price
thereof shall be payable in installments, every such installment shall be paid to the Company on the due date thereof by the then
registered holder(s) of the share or the person(s) then entitled thereto.
12.3.
A share certificate registered in the Shareholders Register in the names of two or more persons shall be delivered to the
person first named in the Shareholders Register in respect of such co-
ownership and the Company shall not be obligated to
issue more than one certificate to all of the joint holders.
12.4.
A share certificate that has been defaced, lost or destroyed, may be replaced, and the Company shall issue a new certificate
to replace such defaced, lost or destroyed certificate upon payment of such fee, and upon the furnishing of such evidence of
ownership and such indemnity, as the Board, in its discretion, deems fit.
13.
Registered Holder
14.
Payment in Installment
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