Company: SCAG
Filing Date: 2025-01-06
Form Type: 424B3
Source: 0001213900-25-001215
Chunk: 866

Company: Scage Future
Filing Date: 2025-01-06
Form: 424B3
Chunk 866
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 C-10 (b)interest from the date of forfeiture or surrender until payment: (i)at the rate of which interest was payable on those monies before forfeiture; or (ii)if no interest was so payable, at the Default Rate. The Directors, however, may waive payment wholly or in part. Evidence of forfeiture or surrender 5.16A declaration, whether statutory or under oath, made by a Director or the Secretary shall be conclusive evidence of the following matters stated in it as against all persons claiming to be entitled to forfeited Shares: (a)that the person making the declaration is a Director or Secretary of the Company, and (b)that the particular Shares have been forfeited or surrendered on a particular date. Subject to the execution of an instrument of transfer, if necessary, the declaration shall constitute good title to the Shares. Sale of forfeited or surrendered Shares 5.17Any person to whom the forfeited or surrendered Shares are disposed of shall not be bound to see to the application of the consideration, if any, of those Shares nor shall his title to the Shares be affected by any irregularity in, or invalidity of the proceedings in respect of, the forfeiture, surrender or disposal of those Shares. 6Transfer of Shares Form of Transfer 6.1Subject to the following Articles about the transfer of Shares, and provided that such transfer complies with applicable rules of the Designated Stock Exchange, a Member may freely transfer Shares to another person by completing an instrument of transfer in a common form or in a form prescribed by the Designated Stock Exchange or in any other form approved by the directors, executed: (a)where the Shares are Fully Paid, by or on behalf of that Member; and (b)where the Shares are partly paid, by or on behalf of that Member and the transferee. 6.2The transferor shall be deemed to remain the holder of a Share until the name of the transferee is entered into the Register of Members. Power to refuse registration for Shares not listed on a Designated Stock Exchange 6.3Where the Shares in question are not listed on or subject to the rules of any Designated Stock Exchange, the Directors may in their absolute discretion decline to register any transfer of such Shares which are not Fully Paid Up or on which the Company has a lien. The Directors may also, but are not required to, decline to register any transfer of any such Share unless: (a)the instrument of transfer is lodged with the Company, accompanied by