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<br />.. , <br /> <br />" ~ <br /> <br />. <br /> <br />. <br /> <br />2, hrciclc II, Scccion 4 of che Bylnws is affisnded to re?-d: <br /> <br />Each member shall have o~e voce i~ che <br />Corporation's affairs and business for each <br />share of stock he o~~s, A member may cast his <br />vo:'e by proxy. by designating hiz proxy i:1 <br />writing no more than ten (101 days prior to <br />the date upon which the vote is cast, Ea:::h <br />m~mbe~ shall be entitled to one share of stock <br />for each 100 acre-feet of ",at",r pumped each <br />year. <br /> <br />3. It will be assumed fer purposes of decermining allowable <br />votes that the amount pumped each year is equal to the average of <br />t~e amount pumped in the previous five year:> or such cth'3r prior <br />period for which appropriate data is avail.able as determined in <br />advance of each meeting by the Board; provided if any member <br />~ishes his or her vote to be based on a different number, then that <br />number shall be specified in writing by the member in advance oE <br />t~e annual meeting along with a commitment to pay due~ for at l~a~t <br />the number of acre-feet which is the :ninimum of that voting <br />bI'acket. <br /> <br />4. A member pumping between 0 and 100 acre-feet shall be <br />entitled to one vote, a member pumping between 101 and 200 acre- <br />feet shall be entitled to two votes, 201 to 300 acre-feet to three <br />votes, and so on. <br /> <br />5, The Board of Directors finds that <br />calculation is fair and consistent with <br />Incorporation. <br /> <br />this method <br />the Articles <br /> <br />of <br />of <br /> <br />DATED this <br /> <br />*- <br />f day of <br /> <br />~ <br />