Management of the New Agrix, Inc.
Section 7
SEC. 7. Management of the New Agrix, Inc. — In order to protect its interests and that of the investors, National Development Company shall manage the New Agrix, Inc. until such time as the interest-free loan has been fully paid. In carrying out this management responsibility, the National Development Company shall submit periodic and regular reports to the Board of Directors of New Agrix, Inc. which shall be duly organized in accordance with corporate rules, to represent the shareholders of New Agrix Inc. upon payment of the National Development Company loan, the Board of New Agrix, Inc. will appoint its own management.