📄 Extracted Text (308 words)
The foregoing. aragraph shall be construed as enumerating both objects and purposes of this
Company, and it is hereby expressly provided that the foregoing numeration of specific
purposes shall not be held to limit or restrict in any manner 11w purposes of this Company •
otherwise permitted by law.
ARTICLE THREE
DURATION AND CONTINUITY
'The period of duration of:this Corapanyshalt be perpelu ii. allo member shall have thepower to k
dissolve Me.Company by his or her independent act of my tind.
ARTICLE IctlfR
ORGANIM
The name andaddress of organizer of thiSCOmpany is:
Greg.). Per.gmon
ARTICLE FIVE 1aa
MANAGEMENT
the Company shall be dionager-managed. Theinitial manager of the Company shhli be Jeffrey r
Bpstein. The physical and mailing address of the initial manager of the.Compatty is 910O Port of
Sale hfall, Suite 15, St. Thomas, O.S. Virgin Islands 0080Z
ARTICLE SIX
aural
The Company shall begin business with capital in the amount of One Thoutand United Stated
Dotiars (US suoo.oc).
ARTICLE:SEVEN
LIMITATION OFIJABILITY
No manager of the Company shall be liable to the Company or its 'members IOC monetary
damsgeS for an act or an. omission in such numeget's capacity as a Ate:Abet; except for liability
of a manager for (1) a breached a managerls duty of loyalty to the Company or its.meinbers, (ii)
an act or Omission, not In good faith) that constitutes a. breach of duty or it manager to. the
Company or an act or *minion that Involves intentional misconduct or a knowing Violatian of
the law, (111) a transaction from which a mrautger received an improper benefit, whether or not
the benefit resulted hum an actirintakerywIthin the scope of the manager's position,: or (iv) an
act or omission for which the liability of a manager is expressly provided for by an applicable
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0094975
CONFIDENTIAL SDNY_GM_00241159
EFTA01390466
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EFTA01390466
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