EFTA01355706.pdf

rats ab 340-774-2030 pea P' 05/29/2003 12:20 • Articles offncorporation Page 4 Ens Simon Mary R. Weber MITKLEN The corporation is to have perpetual existence. Alugutt*„ • The corporation is to be unlimitedIn the amountefindebtedness towhich it shall at anytime be subject. For the management ofthe business gator theCondtim of the affairs of the corporation, and in further creation, definition, li*afiw&thdregulation of the powers of the corporation and of its directors and stockholders:sit isfurtiterfnevided! i. The number 410r-dots of the corporation shall be fixed by, of irt the manner provided in the By-Laws, but in no case shall the number be less than three. The directors need net be.Stockholders, 2. In furtherance and not in limitation of the powers conferred by the laws of the Virgin Islands. and subject at all times to the provisions thereet.the Board of Directors is expressly authorized and empowered: a) ' Subject to the right of a majority of the stockholders to amend, repeal, alter or modify the By-Laws at any resider meeting, or at any special meeting called for such purposes, to make, alter and repeal By-Laws, not inconsistent with any existing law, fixing or altering the management of the property of the corporation, the gove.ming of its affairs, and the manner of certification and transfer of its stock. b) To authorize and issue obligatiOns oftheemponttion, secured and unsecured, to include therein such proVisions as to redeemability. .convertibility or CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) OB-SDNY-0040962 CONFIDENTIAL SDNY_GM_00187146 EFTA01355706