SECTION 507

Under penalty of invalidity of the agreement, the general director or the deputy general director, when one was appointed, as well as their spouses, ascendants or descendants and intermediaries, are prohibited from contracting, in any form whatsoever, loans from the company, being granted an overdraft on a current account or otherwise, or to have the company provide guarantee or secure their commitments to third parties. However, when the company is a banking or financial institution, it may grant its general director or its deputy general director, in any form whatsoever, a loan, an overdraft on a checking account or otherwise, an endorsement, a suretyship or other guarantee, if these agreements pertain to routine transactions carried out in the ordinary course of business. Absence and removal of the general director