Thailand, unless specifically exempted under the terms of an applicable double tax treaty, in case that the Offeree is a foreign juristic person not operating any business in Thailand and not residing in a
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. 4,590,000 Sale Shares from the Seller. In this case, the Company is entitled to sell the first portion: i.e. 10,710,000 Sale Shares to the Seller and/or a person designated by the Seller at a price that the