ARTICLE 6
RIGHTS AND OBLIGATIONS OF THE OWNER IN THE COMPANY
6.1 Rights of the Owner. The Owner shall have the following rights in the Company:
(a) To decide on the provisions of this Charter, to amend, supplement this Charter;
(b) To decide on the development strategy and annual business plan of the Company;
(c) To decide on the structure of organisation and management of the Company, appoint, remove, dismiss any Management Person;
(d) To approve investment projects;
(e) To decide on methods of market development, marketing and technology;
(f) To approve agreements for lending, borrowing loans and other agreements;
(g) To decide on sale of the assets;
(h) To decide on increase of the Charter Capital; assign part or whole of the Charter Capital to other organisations, individuals;
(i) To decide on establishment of subsidiaries, capital contribution to other companies;
(j) To conduct supervision and evaluation of business performance of the Company;
(k) To decide on use of profits upon fulfilment of tax obligations and other financial obligations of the Company;
(l) To decide on reorganisation, dissolution and request for bankruptcy of the Company;
(m) To collect the entire value of the assets of the Company upon completion of dissolution or bankruptcy by the Company;
(n) To appoint the Independent Auditor set out in Article 8.6(a); and
(o) Other rights in accordance with the Law on Enterprises and this Charter.
6.2 Obligations of the Owner. The Owner shall have the following obligations:
(a) To contribute capital in a fully and timely manner as committed. In the event that the Owner does not contribute capital in a fully and timely manner as committed, it shall be responsible for debts and other property liabilities of the Company to the extent of the Charter Capital committed to contribute in the Company;
(b) To comply with this Charter;
(c) To determine and separate the assets of the Owner and the assets of the Company;
(d) To comply with the stipulations of the laws on contracts and relevant laws in sale, purchase, borrowing, lending, lease, renting and other transactions between the Company and the Owner; and
(e) To implement other obligations in accordance with the Law on Enterprises and this Charter.
6.3 Restrictions on the Rights of the Owner.
(a) In addition to the rights with respect to dissolution and liquidation of the Company under Article 13, the Owner shall only be entitled to withdraw its capital contribution by way of assignment of part or whole of the Charter Capital to another organisation or individual in accordance with Article 5.3 hereof. In the event that the Owner withdraws part or whole of its capital contribution out of the Company by any other way, it must be jointly responsible for debts and other property liabilities of the Company.
(b) The Owner must not withdraw its profits if the Company fails to fully pay off due debts and other property liabilities.