Upon the expiry or premature dissolution of the Company, the General Assembly shall agree the liquidation method, appoint one or more liquidators and determine their authorities. Consequently, the Board’s authorities expire upon the appointment of the liquidator. The liquidator shall replace the Board in all dealings and actions required for liquidation as stated in the Companies’ Law, while the General Assembly authorities remain valid during the liquidation period, until the liquidator is cleared from its duties and responsibilities.