4. Subject to clause 3 above, the Commission payment shall be paid by IRIS in 2 tranches as follows;
4.1 Tranche A Upon full settlement to IRIS for the sale of 49% of PJT Shares held by the Thai Shareholders and Northern Shine Holdings Limited which accounts for THB 12,250,000(Twelve Million Two Thousand Fifty Thousand Baht Only); and
4.2. Tranche B Upon full settlement to IRIS for the sale of 51% of IRIS Shares in PJT which accounts for THB 12,750,000 (Twelve Million Seven Hundred Thousand Fifty Baht Only) .