Inter Truck Servicesp. z o.o. in liquidation

Manner of representation

In the event that a multi-member management board is appointed, the company is represented by each member of the management board, subject to the following limitations: - in the event of incurring obligations on behalf of the company in an amount exceeding PLN 250,000.00 (two hundred and fifty thousand złoty) on a one-off basis, or - disposal by the company of a right with a value exceeding PLN 250,000.00 on a one-off basis, as well as - making declarations on behalf of the company that may give rise to effects with a value exceeding that amount on a one-off basis - the joint action of two members of the management board, or of one member of the management board jointly with a commercial proxy, is required. Disposal of a right or incurring obligations to provide a performance with a value twice exceeding the amount of the share capital does not require a resolution of the partners and falls within the competence of the company’s management board.