Publication: Magyar Közlöny
Issue: MK-2010-27 (Year: 2010, Number: 27)
Era: contemporary
Section: A Kormány 35/2010. (II. 26.) Korm. rendelete
Paragraph Index: 124

(3) The Directors shall be appointed for a period not exceeding five years. Appointment, employment and termination of the appointment of the Directors as well as any amendment or enlargement of their contracts of employment shall be subject to the approval by the Council and shall be signed by the Chairperson of the Council on behalf of the Company. Article 14 Representation of the Company The Company shall be represented by two Managing Directors acting jointly or by one Managing Director acting jointly with a proxy holder („Prokurist” in the sense of the HGB). Article 15 Remit of the Managing Directors

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