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e24702_TG007 Translated from French 6 He shall contribute to all societies established or to be established such portions of the corporate assets as he sees fit that do not entail risks of dissolution or restriction for the Togolese Copyright Office. He shall receive, as representative, all securities, shares, bonds, social rights or remuneration. He shall, except in cases of incompatibility, as set out in the present Article, accept all functions or mandates of manager, administrator or others in all societies and may delegate a person of his choosing to carry them out. He shall ensure that all delegated persons establish and sign all statutes, statements of subscriptions and payments and other necessary instruments. He shall grant, accept and terminate all leases and rentals with or without an undertaking to sell. With the approval of the Governing Board, he shall be responsible for any mortgaging of the Office's buildings, the granting of all pledges, delegations and charges of any kind, and the granting of all subrogations with or without guarantee. He shall accept as payment all annuities and delegations and shall accept all charges, mortgages and other guarantees, subject to the restriction mentioned in the second paragraph of the present Article. He shall request, accept, surrender, modify and terminate all concessions, take part in all adjudications and provide or withdraw all securities. He shall take out loans with the approval of the Governing Board and the authorization of the Government. He shall authorize all treaties, settlements, transactions, acquiescences and waivers; all delegations, precedents and subrogations with or without guarantee; and all releases of mortgages, seizures or attachments before or after payment, subject to the provisions of the second paragraph of the present Article. He shall close the accounts and prepare reports on the activities and situation of the Office; these documents shall be submitted to the supervising minister after approval by the Governing Board. The Director-General shall appoint and dismiss, in compliance with the regulations in force, all officers and staff of the Office except for the management staff, and shall determine their functions and conditions of admission. In matters of staff recruitment and dismissal, he shall seek the advice of the Governing Board and the supervising minister.

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