Fundacja Rozwoju Edukacji, Biznesu i Społeczeństwa - Podlaskie dla PrzyszłościFoundation

Manner of representation

1. Declarations of will on behalf of the foundation may be made by two members of the management board acting jointly. 2. If the composition of the management board is reduced below the minimum number of members specified in the articles of the foundation, the remaining member of the management board is authorised, until the composition of the management board is supplemented, to represent the foundation independently. 3. In agreements and disputes between the foundation and a member of the management board, the foundation is represented by an attorney-in-fact appointed by a resolution of the founders or by the two remaining members of the management board. 4. Each member of the management board may independently perform activities in the field of labour law with respect to the foundation's employees.