EFTA01360967.pdf

ARTICLE 11 'the total number of shares of all classes of stock that the Corporation is authorized to issue is Ten Thousand (10,000) shares of common stock at $.01 par value; no preferred stock authorized. The minimum amount of capital with which the Cooperation will commence business is One Thousand Dollars (E1,000). ARTICLE V The names and places of residence of each of the persons forming the Corporation arc as follows: NAME RE$IDENCE Erika A. kellerhals 2E-19 b:state Caret Bay, St. Thomas, V.I. 00802 Gregory J. Ferguson 31-B Peterborg, St, Thomas, V.1.00802 Brett Geary 2-11B St. Joseph & Rosendahl, St. Thomas, V.1.00802 AETICLEXI Te Corporation is to have perpetual existence. ARTICLE VII For the management of the business and for the conduct of the affairs of the Corporation, and in further creation, definition, limitation and regulation of the powers of the Corporation and of its directors an4 stockholders, it is further provided: . (1) The number of directors of the Corporation shall be fixed by, or in the manner proVialed in, the bylaws, but in no case shall the number he fewer than three (3). 'the directors need not he stockholders. (2) In furtherance and not in limitation of the powers conferred by the laws of theyitii; Islands, and subject at all times to the provisions thereof, the Board of Directors is expressly authorized and empowered: (a) To make, adopt and amend the by-laws of the Corporation, subject to the powers of the stockholders to alter, repeal or modify the by-laws adopted by the Board of Directors. (b) To authorize and issue obligations of the Corporation, secured and unsecured, to include therein such provisions as to redeemability, convertibility or otherwise, as the Board of Directors in its sole discretion may determine, and to authorize the mortgaging or pledging of, and to authorize and cause to be executed mortgages and liens upon any property of the Corporation, real or personal, including after acquired property. (c) To determine whether any and, if any, what part of the net profits of the Corixosttion or of its net assets in excess of its capital shall be declared in dividends and paid to the stockholders, and to direct and determine the use and disposition thereof. 2 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0049663 CONFIDENTIAL SDNY_GM_00195847 EFTA01360967