Laserfiche WebLink
ARTICLE VII: The business and affairs of the corporation shall be managed by a <br />board of directors, which shall be elected at the annual meeting of the shareholders, or at a special <br />meeting called for that purpose. <br />81069. <br />The initial board of directors shall consist of the following members: <br />Kim W. Barickman <br />The number of directors may be increased or decreased from time to time in the manner <br />provided in the Bylaws of the corporation, but no decrease shall have the effect of shortening the <br />term of any incumbent director. <br />ARTICLE VIII: Cumulative voting shall not be permitted in the election of directors. <br />ARTICLE IX: The principal office address of the corporation is 8140 Zorn Rd., Rye, CO <br />ARTICLE X: The initial registered office of the corporation shall be 503 N. Main St., <br />Suite 221, Pueblo, CO 81003, and the name of the initial registered agent at such address shall be <br />Donald J. Banner. <br />ARTICLE XI: No contract or other transaction between the corporation and one or <br />more of its directors or any other corporation, firm, association, or entity in which one or more of its <br />directors are directors or officers or are financially interested shall be either void or voidable solely <br />because of such relationship or interest or solely because such directors are present at the meeting of <br />the board of directors or a committee thereof which authorizes, approves, or ratifies such contract or <br />transaction or solely because their votes are counted for such purpose if: <br />1. The fact of such relationship or interest is disclosed or known to the board of <br />directors or committee which authorizes, approves, or ratifies the contract or <br />transaction by a vote or consent sufficient for the purpose without counting the votes <br />or consents of such interested directors; or <br />2. The fact of such relationship or interest is disclosed or known to the shareholders <br />entitled to vote and they authorize, approve, or ratify such contract or transaction by <br />vote or written consent; or <br />3. The contract or transaction is fair and reasonable to the corporation. <br />Common or interested directors may be counted in determining the presence of a quorum at a <br />meeting of the board of directors or a committee thereof which authorizes, approves, or ratifies such <br />contract or transaction. <br />2 <br />