FINANCIAL STATEMENTS — ALLOCATION OF PROFITS. 9.1 The Partnership’s accounts will be kept by the Manager. The Manager will prepare the Partnership’s balance sheet, the profit and loss statement and the notes thereto as of December of each year, and for the first time as of December 31, 2003. Such financial statements will be prepared within 2 months of the end of each period. 9.2 Such financial statements will be submitted for unanimous approval by partners. 9.3 The profits or losses as approved will be divided or assumed by the partners in proportion to their interests.
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Sources: Shareholder Agreement, Shareholder Agreement (Publicis Groupe Sa), Shareholder Agreement (Publicis Groupe Sa)
FINANCIAL STATEMENTS — ALLOCATION OF PROFITS. 9.1 The Partnership’s 's accounts will be kept by the Manager. The Manager will prepare the Partnership’s 's balance sheet, the profit and loss statement and the notes thereto as of December of each year, and for the first time as of December 31, 2003. Such financial statements will be prepared within 2 months of the end of each period.
9.2 Such financial statements will be submitted for unanimous approval by partners.
9.3 The profits or losses as approved will be divided or assumed by the partners in proportion to their interests.
Appears in 1 contract
FINANCIAL STATEMENTS — ALLOCATION OF PROFITS. 9.1 The Partnership’s 's accounts will be kept by the Manager. The Manager will prepare the Partnership’s 's balance sheet, the profit and loss statement and the notes thereto as of December of each year, and for the first time as of December 31, 20032004. Such financial statements will be prepared within 2 months of the end of each period.
9.2 Such financial statements will be submitted for unanimous approval by partners.
9.3 The profits or losses as approved will be divided or assumed by the partners in proportion to their interests.
Appears in 1 contract
Sources: By Laws (Publicis Groupe Sa)
FINANCIAL STATEMENTS — ALLOCATION OF PROFITS. 9.1 The Partnership’s accounts will be kept by the Manager. The Manager will prepare the Partnership’s balance sheet, the profit and loss statement and the notes thereto as of December of each year, and for the first time as of December 31, 20032004. Such financial statements will be prepared within 2 months of the end of each period.
9.2 Such financial statements will be submitted for unanimous approval by partners.
9.3 The profits or losses as approved will be divided or assumed by the partners in proportion to their interests.
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