Termination of office. The General Manager may resign without having to justify his/her decision, provided that he/she notifies the sole shareholder or the collective shareholders three (3) months before the effective date of this decision. At the request of the General Manager of the Company or at the initiative of sole shareholder or of the collective shareholders, this three (3) month period may be reduced. The dismissal of the General Manager can only occur for just cause. It is pronounced by the sole shareholder or the collective shareholders. Any dismissal occurring without a just cause being established, will give right to an indemnification of the General Manager. Moreover, the General Manager is dismissed by right in the following cases: - dissolution, receivership, liquidation by order of the court or prohibition of management of the General Manager as a legal entity; - disqualification from directing, managing, administering or controlling a company or a legal entity, incapacity or personal bankruptcy of the General Manager as an individual; - Loss of the status of partner, in the case of a General Manager who is a partner of the Company. 20.4 Remuneration The remuneration of the General Manager is fixed by a decision of the sole shareholder or of the collective shareholders. 20.5 Pouvoirs Le Directeur général est investi des mêmes pouvoirs que le Président tels que décrits à l’article 19.4 des présents statuts. En cas de nomination d’un Directeur Général, le Président de la Société devra procéder aux formalités légales afin de faire mentionner au registre du commerce et des sociétés l’identité du Directeur général. ARTICLE 21.
