Board of Management. 1. The Board of Management shall consist of eighteen (18) members, who must be of German nationality. 2. formerly 2. and 3. The members of the Board shall be appointed by the Government of the ▇▇▇▇▇. If preference shares of Group A have been issued, four (4) of the eighteen (18) seats on the Board shall be assigned to the holders of preference shares in such a manner that for each five hundred (500) million reichsmarks of shares issued, one representative of such shares shall be entitled to a seat on the Board. 3. formerly 4. No change. 4. formerly 5. No change. No change.
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Sources: Agreement Regarding the Complete and Final Settlement of the Question of Reparations From Germany, Agreement Regarding the Complete and Final Settlement of the Question of Reparations From Germany