Article 272-2 With regard to Share Options, the fact that the Share Options belong to the trust property may not be perfected against the Stock Company and other third parties unless the fact that the Share Options belong to the trust property is entered or recorded in the share option register.
When Share Options held by the Share Option holders set forth in Article 249, item (iii), (a) belong to the trust property, the Share Option holders may request the Stock Company to enter or record to that effect in the share option register.
When applying the provisions of Article 250, paragraph (1) and Article 259, paragraph (1) in cases where the statement or record is made pursuant to the provisions of the preceding paragraph in the share option register, "showing the Information Required to Be Entered in the Share Option Register which has been entered or recorded" in Article 250, paragraph (1) is deemed to be replaced with "showing the Information Required to Be Entered in the Share Option Register (including the fact that the Share Options held by those Share Option holders belong to the trust property) which has been entered or recorded" and "Information Required to Be Entered in the Share Option Register" in Article 259, paragraph (1) is deemed to be replaced with "Information Required to Be Entered in the Share Option Register (including the fact that the Share Options held by those Share Option holders belong to the trust property)".
