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HomeMy WebLinkAboutL_Aritcles_of_Incorpation_Signature_pg_Greystoke_LLC_180406_v2.pdfARTICLE VIII Distribution of Dissolution In the event of dissolution of the corporation, the net assets of the corporation shall be distributed among persons and parties holding its memberships in proportion to the number of votes held by the respective memberships. ARTICLE IX Indemnification To the full extent permitted by law each Officer and Director of this corporation shall be indemnified by the corporation from and on account of any liability for acts or omissions occurring during the course of business or activities undertaken on behalf of the corporation, including but not limited to any action, suit, or other proceeding (including settlement of any suit or proceeding, If approved by the corporation's Board) to which such Officer or Director may be a party by reason of being or having been an Officer or Director. This indemnification shall include indemnification against all costs and expenses, including attorneys' fees, litigation costs, civil penalties, fines and other charges incurred incident thereto. This indemnification shall not extend to any individual or joint willful misfeasance, willful malfeasance, willful misconduct, or bad faith on the part of any Officer or Director, nor shall this indemnification extend to any action by or on behalf of the Corporation against a Director in which action the Director has been adjudged guilty of any breach of duty toward the Corporation- In addition, no Officer or Director shall be personally liable to the corporation or any of its members for monetary damages for any mistake of judgment, negligent conduct or other conduct as an Officer or Director; provided that this provision shall not eliminate or limit the liability of an Officer or Director for acts or omissions that involve willful misfeasance, willful malfeasance, willful misconduct, or bad faith by the Officer or Director or for any transaction from which the Officer or Director will personally receive a benefit in money, property, or services to which the Officer or Director is not legally entitled. To the extent that it is necessary for the Officers or Directors to implement this indemnification, at the request of an Officer or Director, the Officers or Directors shall take such action as is appropriate and allowable to implement this indemnification. The corporation may, at the discretion of the Board of the corporation, maintain adequate general liability and Officers' and Directors' liability insurance to fund this obligation, if such coverage is reasonably available. DATED: 0 3. 0 a. >01[9 GREYSTOKE, LLC a Washington limited liability company by Yv s ng, Managing Mem 4 CONSENT TO SERVE AS REGISTERED AGENT GREYSTOKE, LLC, a Washington limited liability company, hereby consents to serve as Registered Agent, in the State of Washington, for 2.8 Hundred Home Owner's Association, a Washington nonprofit corporation. We understand that as agent for the corporation, it will be our responsibility to receive service of process of the name of the corporation, to forward all mail to the corporation; and to immediately notify the office of the Secretary for State in the event of our resignation, or of any changes in the registered office address of the corporation for which we are agent. DATED: 0 3 , 2- GREYSTOKE, LLC a Washington limited Liability Company by YVLSng, Managing Me er STATE OF WASHINGTON COUNTY OF KING I certify that I know or have satisfactory evidence that Yves Tang signed this instrument, on oath stated that he was authorized to execute the instrument and acknowledged it as the Manager of GREYSTOKE, LLC to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument. DATED: 0 D2— I 2 a / d? NoPublic State of Washington HUI-JEN SUE N MY COMMESSION EXPIRES A+IR�h 09, 2020 Notary Public My appointment expires: