SECTION 410

Furthermore, the constituent general meeting shall: 1°) ascertain that the capital is fully subscribed and that the shares are paid up under the conditions laid down in Articles 388 and 389 of this Uniform Act; 2°) adopt the Articles of Association of the company which it shall amend only unanimously by all the subscribers; 3°) appoint the first directors or managing director, as the case may be, as well as the first auditor; 4°) take a decision on the acts done on behalf of the company being formed, in accordance with the provisions of Article 106 of this Uniform Act, upon a report drawn up by the founders; 5°) give, where necessary, authority to one or more members of the board of directors or to the managing director, as the case may be, to enter into commitments on behalf of the company before its registration in the Trade and Personal Property Rights Register, under the conditions laid down in Article 111 of this Uniform Act.