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<br />JUL 11'36 15;Z.4 F~, LSD 1353
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<br />ARTICLE VI
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<br />The members of the ,Company shaJf haVe ttte power to enter into a business
<br />continuation agreement. , '
<br />ARTICLE VO '
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<br />' ' ~ member of thiS Ccxnpany'stiarJ have eUmtdativ. vCtingrigtds.
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<br />, ARTJCLEVIU
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<br />,Any aCuOnrequited or permitted to betaken II. ',meeuno of the Board of
<br />GoVernors OOt'needlng approval by'the, inembetsmay be taken by a written, adJon
<br />, sigi1ed by the number of Governors that wculd be required to ,take such attion at a
<br />' meeting of the' 'Board of Governors at whieh aU governors-were present. '
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<br />, 'My action required or Permitted to betaken m a meeting of the members
<br />, may .betaken by a, written' action ligned by the members Who hold voting power, equal
<br />, 10 tne Votmg pOwer ihat would be tequired totaJce the same adfon at a meetng of the
<br />merT1Cers at which atl,members WI1e'presenl' ' ,
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<br />"'ARTICIJ5 X
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<br />, Nogovemor of tNs Companyshd b8~naJly Bableto the Company 0. its
<br />' ,members for monetaiy damages for btaachtJf fiduCiary duty by 8Uch governor _ a
<br />' governor; provided, hoWever. that this AnIcIe ana" nOt eliminate or limit the,liebiJity Of a
<br />governor (i). for any ~ of the 9ovemofs 'dUly of ,loyalty tD theComp8ny or ita
<br />, members.', (ii) for ads or omisaiona not in ;oed faith otWhichinvolve intentional
<br />misconduct or a knowing Yiclationof 1aw,.(iiJ) under Secaons 3228.58 or 8OA.23 ofthe
<br />Minnesota Statutes. {iv} for any transacticn from ,whiGh'the governor derived an improper
<br />personal benefit or (v) for any act Or omission' 0CCU1T.ing plior to the effecti';'e date of fht$
<br />Artide. No amendment to or repeal of this Article Mall apply to or have any effect on "
<br />, the liability or alleged fiabinty of anygOvemo~ of the Company 10r or with respect to. any
<br />. acta or 0I11i00i0Im or such governor ~pIiorlDsuchomendmenl or r
<br />' ,IN WITNESS WHEREOF.' have ftereJJnto set my hand thia~Ctay of May,
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<br />srATE of' MINNESOTA
<br />ClPAlTMENT or STAU
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<br />MAya 11996
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