A Member of a Board of Directors of a Company involved in a Merger process shall not vote in the Board of Directors’ meetings, subcommittees, or the general assembly of the company if he has an interest in the Merger. It shall not be interpreted as an interest if the Member of a Board of Directors of a company involved in a Merger holds less than 5% of the shares that have voting rights in the general assembly meetings. Disclosure of any indirect interest or in alliance with others shall be disclosed in accordance with the provisions of Module Ten (Disclosure and Transparency) of these Bylaws.