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C. Find an appropriate equivalent for each modal verb in the articles from the contract below and translate them faithfully into Ukrainian.
Article 10. COMPANY FUNDS 10.1. Company shall set up a capital fund, a reserve fund and such other funds that are required by the effective Ukrainian law or stipulated by the Company's Statutes, or considered necessary by a decision of the Participants Meeting. ARTICLE 11. CAPITAL FUND 11.1. The Participants shall set up a capital fund of the Company to the value of [? ] Hryvnias, which sum according to the currency exchange rate established by the National Bank of Ukraine at the date of this Agreement (1 Deutsche Mark [? ] Hryvnias). 11.2. The Participants' contributions to the capital fund of the Company may consist of monetary means in Ukrainian and foreign currency, buildings, erections, equipment and other material valuables, securities, rights to use land, water and other natural resources, as well as other proprietary rights, including rights to intellectual property. 11.3.1. The Ukrainian Participant shall contribute to the capital fund of the Company monetary means in Ukrainian currency, [material valuables and proprietary rights] to the aggregate value of [? ] Hryvnias, which sum according to the currency exchange rate established by the National Bank of Ukraine at the date of this Agreement equals to [? ] 1 Deutsche Mark, and his share shall constitute [? %] of the Company's capital fund, including: 11.3.1.1. Monetary means in Ukrainian currency in the amount of [? ] Hryvnias, which sum according to the currency exchange rate established by the National Bank of Ukraine at the date of this Agreement equals to [? ] Deutsche Marks.
ARTICLE 16. SUCCESSORS (HEIRS) OF A PARTICIPANT 16.1. In case of reorganization or liquidation of a Participant (a legal entity) or death of a Participant (natural person) their successors (heirs) shall have the priority right to join the Company. 16.2. In case the successors (the heir) refuses to join the Company or the Company objects to his admission to the Company, such a successor (the heir) shall be given in cash or in any kind a part of all of the Company's property, owing to the reorganized or liquidated entity (died person), evaluated as on the date of reorganization or liquidation or death of the respective Participant. In such a case the Company's capital fund shall be decreased. ARTICLE 18. GOVERNING BODIES 18.1. The Company's governing bodies shall be: Meeting of Participants; Director; Auditing Committee. 18.2. The Meeting of Participants shall be the highest governing body of the Company. Each Participant shall have at the Meeting the number of votes proportionate to his share in the Company's capital fund. 18.3. The Director shall be the one person executive body of the Company and shall manage the Company's current activity. The Director shall be appointed by a decision of the Meeting of Participants. 18.4. The Auditing Committee shall be the body for maintaining control over activities of the executive body. Members of the Auditing Committee shall be appointed by a decision of the Meeting of Participants. 18.5. Powers, responsibilities and procedures of functioning of
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