Federal Act
on the Amendment of the Swiss Civil Code
(Part Five: The Code of Obligations)

¹ Each com­pany mem­ber has the right to a share of the pro­ceeds of li­quid­a­tion cor­res­pond­ing to frac­tion that nom­in­al value of his cap­it­al con­tri­bu­tion rep­res­ents of the nom­in­al cap­it­al. Where ad­di­tion­al fin­an­cial con­tri­bu­tions have been made and not re­fun­ded, their value must be ad­ded to the cap­it­al con­tri­bu­tions of the com­pany mem­ber con­cerned and to the nom­in­al cap­it­al. The art­icles of as­so­ci­ation may ad­opt an al­tern­at­ive pro­vi­sion.

² The rel­ev­ant pro­vi­sions on com­pan­ies lim­ited by shares ap­ply to the dis­sol­u­tion of a com­pany with li­quid­a­tion.