EFTA01480432.pdf

Articles ofIncomonnion Page 4 ARTICLE ‘11 The corporation is to have perpetual existence. ARTICLE VII The corporation is to be unlimited in the amou nt of indebtedness to which it shall at any be subject. time ARTICIJ VM For the managernem ofthe business and in further creation, definition, limitation, for the conduct of the affairs ofthe corporation, and regulation of the powers of the corporation and directors and stockholders, it is further prov and ofits ided: 1. The number of directors of the corporati on shall be fixed by, or in the manner provided in the By-Laws, but in no case shall the number be less than three. The directors need not be stockholders. 2. In furtherance and not inlimitation of the powe Islands, and subject at all times to the prov rs (=feted by the laws ofthe Virgin isions thereof, the Board ofDirectors is expressly authorized and empowered! a) Subject to the right of a majority of the stockholders to Intend, repeal, alter or modify the By-Laws at any regular 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 ofthe corporation, the governing of its affairs, and the manner of certification transfer ofits stock. and b) To authorize and issue obligations ofthe corporation, secured and unse to include therein such prov cured, isions as to redeemability, conv otherwise, as the Board ofDirectors its ertibility or in sole discretion may determine and to authorize the mortgaging or pledg ing of, and to authorize and cause executed mortgages and liens upon to be any property of the corporation, personal, including after acquired real or property c) To determine whether any, and, if any, corporation or of its net asses in exces what part of the net profits of the s of its capital shall be declared dividends and paid to the stockholde in rs, and to direct and detemine the and disposition thereof use [n-i 10t/IC: d fIS-1 ttOZ-81-01 Confidential Treatment Requested by JPM-SDNY-00002591 Rmorgan Chase SDNY_GM_00271789 EFTA01480432