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Section 5. The procedure for exchanging shares for neod tokens


1. After the purchase of Shares, the Client, who wanted to receive crypto assets for the funds he deposited in the Company, exchanges the Shares for NEOD Tokens.

2. In the Personal Account, Units are automatically debited from the Client's account to the account of the Panama Fund on the basis of an order for debiting Units previously authorized by the Client;

3. The Panama Fund accepts Shares in nominal holding on the basis of a nominal holding agreement;

4. At the expense of the debited Shares, NEOD tokens are credited to the client's Wallet on the basis of an agreement for the exchange of Shares for NEOD tokens on the basis of an order.

5. The Panama Foundation makes an entry about the Client in the register of NEOD token holders.

6. The NEOD token is reflected in the Client's Personal Account;

7. Accounting of Client assets is conducted by the Company in the Company's ERP program.

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