SECTION 350

The ordinary general meeting shall decide on agreements entered into by, directly or through a third party, and between the company and one of its managers or members. For this purpose, the manager (s) or the auditor, where there is one, shall present, at the ordinary annual general meeting, or attach to documents sent to partners, a report on agreements entered into, directly or through a third party, between the company and one of its managers or members. The same shall apply to agreements concluded with: - a sole proprietorship whose owner is simultaneously manager or member of the private limited company; - a company whose member with unlimited liability, manager, director, general manager, general director or other company management is simultaneously manager or member of the private limited company. Where the company has only a single member and the agreement is concluded with him, it shall only be stated in the register of deliberations.