English Translation

This agreement, which has been signed by the Czech Republic and Moravia, is regarded as the demands of the Reich. However, in the case of claims against a company domiciled in the territory of the parties to the Treaty, whose operation extends to areas which are partly incorporated into the Reich, partly in the Protectorate of Bohemia and Moravia, the extent to which these claims are to be regarded as claims of the Reich or the Protectorates of Bohemia, Moravia or of the Länder of Bohemia or Moravia must be determined on the basis of equity. 3. (l) The Reich is also entitled to the shareholdings embodied in shares as well as to their shareholdings in the assets of the former Czechoslovak (Czech-Slovak) Republic, the country of Bohemia and the state of Moravia (formerly Moravia-Silesia) in companies whose operations were carried out exclusively in the territories incorporated into the Reich. (2) If the operation of enterprises was based on territories incorporated into the Reich, on territories of the Protectorate of Bohemia and Moravia and of the present countries of Bohemia, Moravia, or on territories situated in third countries, the participation should be apportioned on the basis of equity between transfers of the Reich Government.