(1) The relationship inter se of the rights appurtenant to the shares of stock will not be affected by the capital increase.
(2) Insofar as individual rights of partly paid shares of stock, in particular the participation in the profits or the voting right, are governed by the contribution made for the share of stock, the stockholders are entitled to these rights, until they have made the contributions as yet outstanding, only in accordance with the amount of the contribution they have made thus far, increased by the percentage by which the capital stock was increased as calculated on the basis of the nominal amount of the capital stock. Where further payments are made, these rights will expand in proportion with such payments. In the case governed by section 271 (3), the amounts of the increase are considered fully paid.
(3) The economic substance of contractual relations which the company maintains with third parties who depend on the distribution of profits by the company, on the nominal amount or value of their shares of stock or on the value of their capital stock, or on the current circumstances in terms of the capital or profits, will not be affected by the capital increase. The same applies to incidental obligations of the stockholders.