1. The company has the right to create branches and representations both on territory of Russian Federation, and on territory of the foreign states on a solution of general meeting of the participants of Company accepted by majority not less than two thirds of voices of a total number of voices of the participants of Company.

2. Branch is the isolated subdividing of Companies located outside of a place of its determination and realizing all functions of Company or their part, including function of representation.

3. Representation is the isolated subdividing of Companies located outside of a place of its determination, which represents interests of Company and realizes their guard.

4. The branches and representations are not the legal persons.

The solution about creation of branch or representation, allotment with their property of Company and assertion(statement) of positions about their activity is accepted by general meeting of the participants of Company.

The general director of Company nominates the chiefs of representations and branches, which act because of of powers of attorney of Company.

5. The informations about branches and representations of Company are specified in the present article after decisionmaking about their creation with entering of respective alterations into the present Charter.

1. The company can have affiliated and dependent economic Companies with the right of the legal persons created on territory of Russian Federation in the correspondence with the Federal law " About Companies with Limited Liability " and other Federal laws, and outside territory of Russian Federation also in the correspondence with the legislation of the foreign state, on which territory the affiliated or dependent economic Company is created, if other is not stipulated by the international agreements of Russian Federation.

2. The affiliated Company recognizes such economic Company, in which the Company by virtue of dominant sharing(participation) in it the authorized capital, or in the correspondence with the agreement, made between them, or otherwise has a possibility to determine solutions accepted by affiliated Company.

The affiliated Company does not answer under the debts of Company.

The company answers solidary with affiliated Company under the bargains made latter in the performance of the instructions(indications) of Company.

In case of insolvency (bankruptcy) of affiliated Company on fault of Company the latter bears for want of insufficiencies of property of affiliated Company УХВУЙДЙБТОХА the responsibility till it to the debts.

The participants (shareholders) of affiliated Company have the right to claim reimbursement by Company of the losses caused till it to fault to affiliated Company.

3. The dependent Company recognizes such economic Company, in which the Company has more than 20 percents of the authorized capital.

The company is obliged immediately to publish informations about sharing(participation) in the capital of dependent Company in an organ of printing, in which the datas on state registration of the legal persons are published.

4. The solutions about sharing(participation) of Company in affiliated and dependent Companies are a problem of the exclusive competence of the Convention.