Artgo Sieradzki, Szlapasp. j.

Manner of representation

Each of the partners independently is authorized to make declarations of will on behalf of the company. The consent of all partners is required in matters exceeding the scope of the ordinary activities of the company. The partners include among matters exceeding the scope of ordinary activities, in particular: a. transactions related to concluding a credit agreement, leasing agreement, loan agreement, tenancy agreement, lease agreement and licence agreement, b. other transactions related to concluding an agreement that must be concluded in the form of a notarial deed, c. disposal of a right and incurring obligations to render performances with a value exceeding PLN 10,000, d. concluding and terminating employment contracts with employees, e. filing an application for declaring the company bankrupt.