An Obligor shall be entitled to issue Sukuk convertible into Shares in accordance with a resolution issued by the Obligor’s extraordinary meeting based on a reasoned proposal by the Board of Directors pursuant to the following regulations and provisions: 1. Establishing the rules by which Sukuk can be converted into Shares, especially the value of Shares upon which conversion shall take place. 2. The price of issuing Sukuk shall not be less than the par value of share. 3. The total par value of share which Sukuk are proposed to be converted into, in addition to the par value of Shares of Issuer at the time of issue of this kind of Sukuk, shall not exceed the authorized capital. 4. The term within which the application of converting Sukuk into Shares is permissible. 5. Eligibility of a Sukukholder to recover its value if it does not desire to convert them into Shares.