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

¹ Where the bor­row­er is in ar­rears in the ful­fil­ment of his ob­lig­a­tions un­der the bond is­sue, the rep­res­ent­at­ive of the com­munity of cred­it­ors is en­titled to ob­tain from the bor­row­er all in­form­a­tion of in­terest to the com­munity of cred­it­ors.

² On the same con­di­tions, where the bor­row­er is a com­pany lim­ited by shares, part­ner­ship lim­ited by shares, lim­ited li­ab­il­ity com­pany or co­oper­at­ive, the rep­res­ent­at­ive may par­ti­cip­ate in an ad­vis­ory ca­pa­city in the meet­ings of its gov­ern­ing bod­ies to the ex­tent that the agenda items un­der dis­cus­sion re­late to the in­terests of the bond cred­it­ors.

³ The rep­res­ent­at­ive must be in­vited to such meet­ings and is en­titled to re­ceive the back­ground doc­u­ment­a­tion to be dis­cussed at such meet­ings in good time.