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<br />agent at all time during business hours. He shall give due and legal <br />notice of meetings of the stockholders, and directors, as provided by <br />the laws of the State of Colorado, and the By-Laws of the company. He <br />shall receive and be the custodian of and safely keep all moneys and <br />other funds of the company and shall deposit all moneys in such <br />depositories as may be designated by the Board of Directors. He shall <br />keep in books belonging to the company a full, complete and accurate <br />account of the moneys of the company received and disbursed by him, <br />and shall render to the president and directors at each regular <br />meeting of the board and whenever they request it, and all stockhold- <br />ers' meetings, an account of all his transactions as secretary- <br />treasurer and also of the financial condition of the company. <br /> <br />SECTION IV. Official Bonds. The Board of Directors <br />may by resolutiop require of the secretary-treasurer such bonds with <br />sufficient sureties as they may prescribe, and the Board of Directors <br />may by resolution require other officers or agents of the company to <br />give bond with sufficient sureties, conditioned upon the faithful per- <br />formance of the duties of the respective officer. Nei ther the <br />president nor vice-president shall be accepted as surety on the bond <br />of the secretary-treasurer. <br /> <br />SECTION V. Absence of Officers. In the event of the ab- <br />sence of any officer of the company or for any other reason that may <br />seem sufficient to the Board of Directors said board may delegate such <br />officers' powers and duties for the time being to any other officer or <br />to any director. <br /> <br />Article IX <br />INDEMNIFICATION AND LIABILITY <br /> <br />The Corporation shall indemnify its officers and directors to <br />the full extent permitted by Colorado law. The personal liability of <br />a director to the Corporation or its shareholders for monetary damages <br />fo~ breach of fiduciary duty as an officer or director is limited to <br />the full extent provided by Colorado law. Officers and directors <br />shall not be liable for actions taken or omissions made in the <br />performance of their respective corporate duties, except for willful <br />and wanton acts or omissions. <br /> <br />ARTICLE X <br />STOCK CERTIFICATES <br /> <br />SECTION I. Form of Certificate. Certificates of <br />shares of the capital stock shall be on such forms as shall be <br />prepared and approved be signed by the president and secretary- <br />treasurer and shall express on their face, the number, date of <br />issuance, number of shares for which and the person to whom it is is- <br />sued. <br /> <br />- 6- <br />