Article 575 — Protection Accorded to Rights of Members During

1/ The shareholders or partners of the business organization shall be issued, based on the terms of the merger or division plan, shares and rights in exchange, in the acquiring or newly formed business organization, that are equal or equivalent to those they had in the business organization that was wound up or divided. 2/ Where shareholders or partners could not be issued, pursuant to Sub-Article (1) of this Article, shares that are equivalent to those that they had in the business organization that was wound up or divided they shall be paid in cash an amount that does not exceed 10% (ten percent) of the value of the shares issued to them. 3/ shareholders who had held non-voting shares or dividend shares in the business organization that is wound up or divided shall be issued shares that confer similar or equivalent rights in the acquiring or newly formed business organization. 4/ shareholders who held preferred shares in the acquired or divided business organization shall be issued shares that confer equivalent rights.