EFTA01583447

independent act pursuant to the provisions of Sec:ion 1801, Subsections VII and 15) of the Uniform Limited Liability Company Ad. ARTICLE POUR ORGANIZER The name and physical address of the Organizer of the Company is Erika A Kellerhals, 9100 Port of Sak Mall, Suite 25, St. Thomas, U S. Virgin Isiands 00802. ARTICLE FIVE MANAGEMENT The Company shall be manager managed The initial manager of the company shall be Lawrence Visoski. The physical and mailing address of the manager is 9100 Port of Sale Mall, Suite 15, St. Thomas, V.S. Virgin Islands 00802. ARTICLE OIX CAPITA{ The Company shat begin business with capital in the amount of One Thousand United States Dollars (US 51,00040). ARTICLE SEVEN LIMITATION OF LIABILITY No manager of the Company aha:l be liable to the Company or Its members for monetary damages for an act or an omission in such manager's capacity ea a member, except fo: Lability of n manager for 0; a breach of a manager's duty of loyalty to the company or its members, (ni an rot or omission, not in good faith, that constitutes a breach of duty of a manager to the Company or an act or omission that involves intennoruil misconduct or a knowing violation of the :aw, Uhl a transaction from which a manager receiver: an improper benefit, whether or not the benefit resulted from an action taken within the scope of the manager's position, or (iv) en act or omission for which the liabi:ity of a manager is expressly provided for by an applicable statute. If the Uniform Limited Liability Company Act or other applicable law to amended to authorise action further eliminating or limiting the liability of managers, then the liability of any manager of the Company ahall be eliminated or limited to the fullest extent permitted by the Uniform Limited Liability Company Act or other applicable law, as so amended. Any repeal or modification of the foregoing paragraph by the members shall not adversely affect any right or protection of any manager existing at the time of such repeal or modification. Confidential Treatment Requested by JPMorgan Chase JPM•SDNY•00063118 EFTA01583447