Unofficial translaction CHAPTER IV: TERMINATION OF THE MANDATE OF THE INTERMEDIARY ARTICLE 188-The mandate of the intermediary shall be terminated: - by an agreement between the principal and the intermediary; - at the completion of the transaction or transactions for which he was mandated; - by revocation on the initiative of the principal; - By the intermediary’s renunciation. The principal who abusively terminates the mandate entrusted to the intermediary shall be liable for compensationfor damages. The intermediary who abusively declines to execute his mandatemustcompensate the principalfor the damagecaused. ARTICLE 189-The mandate of the intermediary shall cease also in case of death, incapacity, or in cases provided for by the Uniform Act on Collective Insolvency Proceedings,whether theseeventsrelate tothe principal or the intermediary. ARTICLE 190-The termination of the intermediary’s mandate ordered by the principal shall have no effect on the third party referred to in article 169 above, unless he knew or had to know about the termination. ARTICLE 191-Notwithstanding the termination of the mandate, the intermediary shall still beable to perform necessary and urgent acts on behalf of the principal or his rightful beneficiaries to prevent any damage. TITLE II: COMMISSION AGENTS ARTICLE 192– An commission agent is a professional who, in exchange for payment of a commission, shall conclude any legal act in his own name but on behalf of the principal who gives him mandate. ARTICLE193-Thecommission agentshall perform the operations stipulated in the commission contract within the guidelines of the principal. Ifthecommission contract containsinstructions,theagentmustcomply with them unless he decides to terminate the contract if the nature of the mandate or practices is contradictory to the instructions. If there suggestions, the commission agentmust act as if his own interests were at stake, and OHADA / Uniform Act / Unofficial Translations P. - 57 - of 78

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