Obligor’s Board of Directors may issue a resolution of increasing its issued capital by the portion needed for converting Bonds into Shares in accordance with the conditions and regulations of the Prospectus. The execution of such resolution shall be binding on meeting the conditions of converting Bonds into Shares in accordance with the Prospectus. Such resolution shall be attached to the documents submitted to the Authority to acquire the approval for issue of Bonds. Upon meeting the conditions of converting Bonds into Shares, the Representative shall notify the Obligor of the names of the Bondholders who desire to convert their Bonds to Shares and the number of Shares eligible for each of them.