Common use of Transfer and Payment Clause in Contracts

Transfer and Payment. (i) The Sellers shall transfer by way of book-entry registration from the Sellers’ accounts with Continental Stock Transfer & Trust Company or JPMorgan, as applicable, the aggregate amount of Shares set forth under the heading “Shares” opposite the Buyer’s name on Schedule I hereto to the securities account designated in writing by the Buyer at least twenty-four (24) hours prior to the Closing Date. Each Seller and the Buyer shall take any reasonable measure and issue any declaration reasonably necessary to effect and register the transfer of the Shares to the Buyer as may be required. (ii) The Buyer, through its brokerage firm, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ LLC., shall pay to each Seller by wire transfer of immediately available funds to such Seller’s account to be identified to the Buyer in writing at least twenty-four (24) hours prior to the Closing Date an amount equal to (x) the Purchase Price multiplied by (y) the Shares.

Transfer and Payment. (i) The Sellers shall transfer by way of book-entry registration from the Sellers’ accounts with Continental Stock Transfer & Trust Company or JPMorgan, as applicable, the aggregate amount of Shares set forth under the heading “Shares” opposite the Buyer’s name on Schedule I hereto to the securities account designated in writing by the Buyer at least twenty-four (24) hours prior to the Closing Date. Each Seller and the Buyer shall take any reasonable measure and issue any declaration reasonably necessary to effect and register the transfer of the Shares to the Buyer as may be required. (ii) The Buyer, through its brokerage firm, ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ LLC.Korea Investment & Securities Co., Ltd., shall pay to each Seller by wire transfer of immediately available funds to such Seller’s account to be identified to the Buyer in writing at least twenty-four (24) hours prior to the Closing Date an amount equal to (x) the Purchase Price multiplied by (y) the Shares.