Common use of Three Funds Clause in Contracts

Three Funds. The Company shall make annual allocations for a reserve fund, ------------ an expansion fund and a welfare and bonus fund for its employees from its after-tax profits as the Board may deem fit.

Appears in 2 contracts

Samples: Pan Asia Mining Corp, Pan Asia Mining Corp

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Three Funds. The Company shall make annual allocations for a reserve ------------- fund, ------------ an expansion fund and a welfare and bonus fund for its employees from its after-tax profits as the Board may deem fit.

Appears in 2 contracts

Samples: Pan Asia Mining Corp, Pan Asia Mining Corp

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