SCHEDULES

SCHEDULE 15AWRITTEN RESOLUTIONS OF PRIVATE COMPANIES

PART IIADAPTATION OF PROCEDURAL REQUIREMENTS

Article 327 (approval of director's service contract)

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In relation to a written resolution approving any such term as is mentioned in Article 327(1) (director's contract of employment for more than five years), Article 327(5) (documents to be available at company's registered office and at meeting) does not apply, but the documents referred to in that provision must be supplied to each relevant member at or before the time at which the resolution is supplied to him for signature.