Fundacja Inspiratio LacusFoundation

Manner of representation

1. Subject to point 2, declarations of will on behalf of the foundation may be made independently by each member of the management board. 2. In matters concerning the employment of employees, declarations of will on behalf of the foundation are made by the President of the Management Board independently or by two members of the management board acting jointly, subject to point 3. 3. In the case of a two-member management board, in matters concerning the employment of the President of the Management Board, a declaration of will on behalf of the foundation is made by the Vice-President of the Management Board, and in matters concerning the employment of the Vice-President of the Management Board, a declaration of will on behalf of the foundation is made by the President of the Management Board.