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Subscription Agreement Tax Indemnity

Section 2.18 Labour and Labour Issues. Neither XC nor any of its subsidiaries is a party to a collective agreement or other labour-related contract with a trade union, labour organisation or works council (whether in the national territory or in several jurisdictions); neither XC nor a subsidiary of XC has set up a works council or other employee representative body, nor has it received, to XC`s knowledge, a request for the establishment of a works council or other employee representative body; and that no employee of XC or any of its subsidiaries is represented by such a trade union or other workers` organization. To XC`s knowledge, there are no current campaigns or other trade union organisation activities to authorise the representation of such a trade union or work organisation with regard to employees of XC or any of their subsidiaries. Except for matters that have not had significant adverse effects from XC and would not reasonably expect, there are no work strikes, slowdowns, work stoppages, lockouts or other disputes concerning or threatening, or to the knowledge of, XC. (xviii) enter into a collective agreement or other employment contract with a trade union, labour organisation or works council, unless (A) it does not entail much higher costs for XC or (B) in respect of the renewal of a contract expiring or expiring on substantially similar terms; provided that, for the avoidance of doubt, any consultation or negotiation with such a trade union, work organisation or works council is authorised; certify that list or encourage the transfer body to certify that list; he or she shall keep an up-to-date list of the directors and officers of the enterprise and their addresses of residence; he or she is the custodian of the seal of the company and affixes or causes to be affixed the seal to all agreements, documents and other documents that so require. The secretary shall keep the minutes containing the minutes of all meetings of shareholders, directors and committees of the board of directors that may keep minutes, as well as all other contracts and documents that are not in the custody of the treasurer of the corporation or that are under the responsibility of another person authorized by the board of directors, to have such conservation. § 5.16 Activities of the FH. .

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