| ARTICLE IX. OPTIONAL (Please delete Article IX if not applicable) Whenever a compromise or arrangement or any plan of reorganization of this corporation is proposed between this corporation and its creditors or any class of them and/or between this corporation and its shareholders or any class of them, any court of equity jurisdiction within the state of Michignn, may on the application of this corporation or of any creditor or may shareholders thereof, or on the application of any receiver or receivers appointed for this corporation, order a meeting of the creditors or class of creditors, and/or of the shareholders or class of shareholders, as the case may be, to be affected by the proposed compromise or arrangement or reorganization, to be summoned in such meaner as said court directs. If a majority in number representing three-fourths in value of the creditors or class of creditors, and/or of the shareholders or class of shareholders, at the case may be, to be affected by the proposed compromise or arrangement or reorganization, agree to any compromise or arrangement or to any reorganization of this corporation as a consequence of such compromise or arrangement, said compromise or arrangement and said reorganization shall, if sanctioned by the court to which the said application has been made, be binding on all the creditors or class of creditors, and/or on all the shareholders or class of shareholders, as the case may be, sad also on this corporation. ARTICLE X. (Here insert any desired additional provisions authorized by the Act) We, the incorporators, sign our names this 22nd day of May 19 68. (All parties appearing under Article VI are required to sign in this space) Joseph Houghton STATE OF MICHIGAN (One or more of the parties sharing and acknowledge ss. before the Notary) COUNTY OF OAKLAND On this 22nd day of May, 19 68. before me personally appeared Joseph Houghton to the knows to be the persons described in and who executed the foregoing instrument, and acknowledged that they executed the same as their free act and deed. (Signature of Notary) Marilyn Dunne (Print of one name of Notary) WAYNE County acting MAIL SIGNED AND ACKNOWLEDGED Notary public for in Oakland County, [ILLEGIBEL]: State of Michigan. Michigan Department of Treasury My commission expires August 28, 1971 Corporation Division (Notarial seal required if acknowledgment taken out of State) P.O. Drawer C Lansing, Michigan 48904 |