Additional Capital Contributions from Joint Venture Agreement
THIS JOINT VENTURE AGREEMENT (together with the Schedules hereto, the JV Agreement), dated as of February 20, 2007, between Owens Corning Composite Cooperatief U.A. (OC Topco), a company organized under the Laws of The Netherlands, Owens Corning, a company organized under the Laws of Delaware (OC Parent), Ondatra S.A.S., a company organized under the Laws of France (SG Topco and, together with OC Topco, the Parties), and Societe de Participations Financieres et Industrielles S.A.S., a company organized under the Laws of France (SG Parent).
Additional Capital Contributions. Except as expressly set forth herein, no Shareholder shall have any obligation to make any capital contribution to the Company, provided that a Shareholder may make such additional contributions of cash or property to the Company as the Shareholder may from time to time agree to accept. No Shareholder shall be liable for the debts, liabilities, contracts or other obligations of the Company and, except as otherwise provided in the Transaction Documents, no Shareholder shall be required to lend funds to the Company or have personal liability for the repayment of the capital contributions of the other Shareholder.