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Article D3341-1 of the French Labour Code

An employee appointed as a proxy for the company’s employee shareholders, in accordance with Article L. 225-106 of the French Commercial Code, shall confirm in writing to the employer, no later than forty-eight hours after his appointment, his intention to attend the General Meeting of shareholders, indicating the foreseeable duration of his absence.

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Article D3341-2 of the French Labour Code

The employer is not obliged to pay for time spent away from the company during working hours in order to carry out the representation mandate, nor is it obliged to reimburse the mandated employee for travel expenses.

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Article D3341-3 of the French Labour Code

The following persons shall receive training in the performance of their duties within six months of taking up their duties: 1° Directors appointed pursuant to article L. 225-23 of the French Commercial Code; 2° Supervisory board members appointed pursuant to article L. 225-71 of the same code; 3° Supervisory board members of company investment funds.

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Article R3341-5 of the French Labour Code

The employee savings book provided for in Article L. 3341-6 is drawn up on any durable medium and is given to each employee when his or her employment contract is concluded. It includes: 1° A reminder of the following employee savings schemes, when they are set up in the company: a) Profit-sharing ; b) Profit-sharing ; c) The company savings plan ; d) The inter-company savings plan; e) Collective retirement…

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Article R3341-6 of the French Labour Code

The summary statement includes the following information and details: 1° Identification of the beneficiary ; 2° A description of his assets acquired or transferred within the company by profit-sharing agreement and savings plans into which he has made payments, mentioning where applicable the dates on which these assets are available; 3° The identity and address of the registrars mentioned in article R. 3332-15 with whom the beneficiary has an account;…

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