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any particular.designation.F.-
<br /> S �.. .., ..- n. z ,-.. r•-::....„oma...................i. � �.. r ....�v:x._..:sr..r..,z--,.�•;..•.-...a:y.sr=-i.-:,-..r_cr_-:_:u:xa-=.r-..:r.�:.-....,..-.-.-.�:.:u:a::.::�r:-�: .�a
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<br /> 1 Par Value Per Share Total Authorized by Articles Tota! [slued l�
<br /> Mass of Stock Enter n if no Par and'Outstandin
<br /> 3a
<br /> of Organization or-Amendments g
<br /> F _ Num o Sh ares
<br /> P le
<br /> Num a:Shares Total Par Ya z�
<br /> .. _.... ..-.,. ... ....... _...�.__.,_.......�.._..._.._._.., ..,._.. ...... .......................... ._....--,.-� ...___.__.......�.__. ". __ .. _- --:�:T-:�-x��.-�-•��:-.:max-:x-. �.�
<br /> i �........::�i..i"S_r:i.�,'.��.r..�._..i__sr_.cx..,i_._�..a�-..__.i..-s.s_,._........xa._....._.._-z..ss:.....�_.---•......v_�rx.c.�.�rt�.eY�'....x.-�xc__-_...._...x�._,_._,..,.__.s_-�y....-.�.-..•..z::>-.�-z...........,._....„.�z.-._.:r..:.xz�....-r-�..:t_,"�--�::xr•�:-.�"r �:�rxair:::::'z:z':::�.-�.r--x.�x^tirsr-s'a�-'.:.-:��=s:t:���.•.-
<br /> rl' A
<br /> cNp $0.00000 200,000 ` $0'm100 §�
<br /> x
<br /> r• 1.'-�::::f.:3.i.�..'l:T.A.......-.....2."'L�MI'«C�::�:�m:'»=J".--".-�4•.:^^�.-'-�-.-C�:G'�-Y::'�'�:^-'-'G'r'Y.=::a=:���.:%ar:-�......-v�:.+:..;Y......._,m_'t-._I':_..._....-_..-.[L:1'.M:.�:Sw:'s:-'w:v:-:s=.-"-=�__2.i^_x.�_:_:�':.Ct••.__..,^-`2:.�-:T�.�.�.:.:.�..x'_�..__:�%•�'"•_�'^_:'f..'iw�:Ct.'.^:�•,•.���•'".:J'C•':�-v..^,'::J.S;S:�.R�-:::S�.R"'L-=."Z-.'S-Y•^-it:'JJ�S�.::'�_.�._�.".-:'�_::�4::3.�'fAc::::.3'.^SLT•:'s�i�n'�/ ,y�
<br /> j,
<br /> G.L. C1,56D'eliminates the'concept of,par.-value, however a corporation may specify par value in Article III.,See G.L.
<br /> C156D•Section 6.21 and the comments thereto.
<br /> Y
<br /> X33 ARTICLE IV l
<br /> if more than one class of stock is authorized distinguishing g state a distin uishin desi nation for each class. Prior to the issuance of �
<br /> any shares of a class, if shares of another'class are outstanding,,the Business Entity must provide a description of the
<br /> preferences,voting powers', qualifications, and'special or relative rights or privileges of that class and of each other
<br /> {;
<br /> class of which shares are outstanding and of each series then established within any class.
<br /> lfl
<br /> f ARTICLE V 31
<br /> The restrictions, if any; imposed by the Articles of.Organization upon the transfer of'shares of stock of any class are:
<br /> T ANY STOCKHOLDER INCLUDING T�IE'HEIRS ASSIGNS EXECUTORS OR ADMINISTRATORS
<br /> OF A DECEASED STOCKHOLDER DESIRING TO SELL OR TRANSFER SUCH STOCK OWNED BY R. .. - . .
<br /> R HIM;OR THEM SHALL FIRST OFFER IT TO THE CORPORATION THROUGH THE BOARD OF
<br /> DIRECTORS-IN THE FOLLOWING MANNER: HE SHALL NOTIFY THE DIRECTORS OF HIS
<br /> DESIRE'T SELL OR TRANSFER BY NOTICE IN WRITING► WHICH NOTICE SHALL CONTAIN
<br /> THE-PRICE AT WHICH FIE IS WILLING TO SELL,OR TRANSFER AND THE NAME OF ONE =,r
<br /> ARBITRATO........
<br /> R. THE DIRECTORS SHALL WITHIN THIRTY DAYS THEREAFTER EITHER ACCEPT`
<br /> THE.OFFER----------
<br /> •OR BY NOTICE TO'HIM IN WRITING NAME A SECOND ARBITRATOR AND THESE
<br /> sF
<br /> TWO.SHALL NAME A THIRD. IT SHALL THEN.BE THE DUTY OF THE ARBITRATORS TO
<br /> i Ei
<br /> ASCERTAIN THE VALUE OF�THE§TOCK,'-AND•IF ANY'ARBITRATOR SHALL NEGLECT OR
<br /> } REFUSE TO•APPEAR A.T':ANY:MEETING APPOINTED BY THE-ARBITRATORS A.•MAJORITY MAY
<br /> .ACT 1N THE ABSENCE'OF SUCH ARBITRATOR. AFTER'THE ACCEPTANCE OF THE OFFER �]R
<br /> THE REPORT OF THE ARBITRATORS AS TO THE VALUE OF THE STOCK THE-DIRECTORS
<br /> SHALL HAVE THIRTY DAYS WITHIN WHICH TO-PURCHASE THE SAME AT SUCH VALUATION ;
<br /> jf BUT.IF AT THE EXPIRATION OF THIRTY DAYS` THE CORPORATION SHALL NOT HAVE ;
<br /> EXERCISED THE RIGHT TO PURCHASE THE OWNER OF THE STOCK SHALL BE AT LIBERTY TO f
<br /> DISPOSE OF THE SAME IN ANY,MANNER-HE,MAY SEE FIT,NO SHARES OF STOCK SHALL BE 1
<br /> ":
<br /> YSOLD,OR TRANSFERRED*ON'THE BOOKS OF•.THE CORPORATION UNTIL THESE PROVISIONS
<br /> -'i
<br /> IV,
<br /> HAVE BEEN COIiIPLIED�WITH BUT•THE B OARD OF'DIRECTORS MAY IN ANY PARTICULAR
<br /> INSTANCE NAIVE THE RE I JIRENIENT.
<br /> =F ARTICLE VI
<br /> a fk
<br /> f ovis'o s a d if there.are na rovi�sions this:article ma be left blank, i
<br /> Other larrvful pr i.•� n n p ,. y ,
<br /> SPECIAL PROVISIONS ONE; ALL CORPORATE POWERS OF THE,CORPORATION SHALLBE }
<br /> EXERCISED BY THE BOARD OF DIRECTORS EXCEPT AS OTHERWISE PROVIDED BY LAW.IN
<br /> FURTHERANCE AND NOT IN,LIMITATION OF THE POWERS CONFERRED.BY STATUTE"THE ?!
<br /> BOARD OF DIRECTORS ISEXPRESSLY AUTHORIZED TO MAKE AMEND OR REPEAL THE BY
<br /> LAWS OF THE CORPORATION IN WHOLE 0R,1N PART .EXCEPT WITH RESPECT TO ANY
<br /> PROVISION THEREOF WHICH BY LAW OR THE BY-LAWS REQUIRES ACTION BY THE,' �f
<br /> STO'C'kHOLDERS AND SUBJECT TO THE POWER OF THE STOCKHOLDERS TO AMEND OR,,
<br /> REPEAL ANY BY-LAW ADOPTED BY THE BOAR-D�OF DIRECTORS. TATO: MEETINGS OF THE
<br />
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