SECTION 353

The report of the manager or of the auditor, if there is one, shall contain: 1) a list of agreements submitted to approval of the meeting; 2) the identity of parties to the agreement and the name of managers or partners concerned; 3) the nature and purpose of the agreements; 4) the main terms of these agreements, including applicable prices or rates, discounts and commissions offered, payment terms granted, stipulated interest rates, security interests offered and all other relevant information enabling members to assess the interest attached in the conclusion of the agreements under review; 5) the importance of goods furnished or services provided as well as the amount of money paid or received during the fiscal year pursuant to the agreements entered into in previous years and whose performance continues during the last fiscal year. Deliberations relating to the agreements referred to in article 350 above shall be null when they have been conducted without the report of the manager, or where there is on, of the auditor. They may be cancelled in case the report does not contain the information provided for in this article.