Article 10 Creditors

Every creditor shall, within three months of the dissolution date, notify Pig ReGen Limited of each of his debts or claims against the Committee remaining unsatisfied immediately before that date and shall give Pig ReGen Limited such further information relating thereto as it may reasonably require.

Paragraph (1) shall not apply to any debt or claim which is the subject of legal proceedings which have commenced prior to the dissolution date.

Every creditor shall state in the notification given to Pig ReGen Limited in accordance with paragraph (1) the amount of the debt or claim or, where the debt or claim is subject to contingency or is unliquidated or bears no specific value, shall include in it as far as possible a just estimate of the debt or claim.

Pig ReGen Limited may admit or reject such debt or claim notified to it in accordance with paragraph (1) and shall notify the creditor in writing whether he admits or rejects in whole or in part and, if he rejects it, shall state in a notification the grounds of the rejection.