AMENDED AND
RESTATED ARTICLES OF INCORPORATION OF
OLD DOMINION ELECTRIC COOPERATIVE
The undersigned, acting on behalf of Old Dominion Electric Cooperative,
amend and reenact the following as the Articles of Incorporation of Old Dominion
Electric Cooperative under the provisions of VA. CODE ANN. (S)(S) 56-231.38, et
seq., by virtue of VA. CODE ANN. (S) 13.1-889 and relinquish all rights and
powers granted under the former charter.
ARTICLE 1
The name of the corporation is OLD DOMINION ELECTRIC COOPERATIVE.
ARTICLE 2
The purpose of the corporation (Old Dominion) is to make energy products
and services available to Old Dominion members and other customers directly from
Old Dominion's own facilities and/or from the facilities of other energy supply
sources via contractual arrangements secured by Old Dominion for and on behalf
of its members and other customers, and to conduct such other business as may be
permitted by law, consistent with sound business principles and prudent
management practices.
ARTICLE 3
The territory in which the operations of Old Dominion are principally to be
conducted is throughout the Commonwealth of Virginia; provided however, that Old
Dominion reserves the right to also conduct operations in any other state upon
obtaining the necessary regulatory approvals.
ARTICLE 4
The post office address of the principal and registered office of the
corporation is Innsbrook Corporate Center, P.O. Box 2310, Glen Allen, Virginia,
23058-2310. The name of the county in which the registered office is located is
Henrico. The name of the registered agent is Micheal L. Hern, who is a member of
the Virginia Bar and whose business address is 4201 Dominion Boulevard, Suite
200, Glen Allen, Virginia 23060.
ARTICLE 5
The terms, conditions and requirements for membership in Old Dominion are
as follows:
a. All new members must submit a written application for membership.
b. All new members must agree to purchase energy or other products or
services from or through Old Dominion.
c. All members must agree to comply with and be bound by the Articles
and By-Laws of Old Dominion and amendments thereto and any rules and regulations
adopted by the Board of Directors.
d. All new members may be required to pay such membership fees and
other assessments as fixed by the Board of Directors.
e. New members must be accepted for membership by the Board of
Directors of Old Dominion in accordance with the requirements of the By-Laws.
ARTICLE 6
The number of directors of Old Dominion shall be determined as provided in
the By-Laws and as permitted by law, but in no event shall the number be less
than five (5). Old Dominion may have such classes of membership as permitted by
law and authorized in the By-Laws.
ARTICLE 7
The election and replacement of directors shall be in accordance with the
following procedures:
a. Each member or class of members shall be entitled to the number of
directors provided in the By-Laws, with each director having one (1) vote. At
each annual meeting of the members, directors shall be elected to
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serve until the next annual meeting of the members or until their successors
shall have been elected and shall have qualified.
b. A vacancy in the Board of Directors shall be filled by a new
director recommended by the member or class of members whose directorate has
been vacated, as provided in the By-Laws, and elected by the Board of Directors
of Old Dominion. The new director shall serve for the unexpired term of the new
director's predecessor.
ARTICLE 8
Each director and officer of Old Dominion, whether or not then in office,
and their personal representatives shall be indemnified by Old Dominion against
all costs and expenses actually and necessarily incurred by such person in
connection with the defense of any action, suit or proceeding in which such
person may be involved or to which such person may be made a party by reason of
such person being or having been a director or an officer, except in relation to
matters which such person shall be finally adjudicated in such action, suit or
proceeding to be liable for negligence or misconduct in the performance of duty.
Such costs and expenses shall include amounts reasonably paid in settlement for
the purpose of curtailing the costs of litigation, but only if Old Dominion is
advised in writing by its counsel that in his opinion the person indemnified did
not commit negligence or misconduct. The foregoing right of indemnification
shall not be exclusive of other rights to which such person may be entitled as a
matter of law or by agreement.
ARTICLE 9
The following is a list of the names and addresses of the officers and
directors who are to supervise management of the corporation under the
provisions of VA. CODE ANN. (S)(S) 56-231.38., et seq., until their successors
are chosen:
OFFICERS ADDRESSES
-------- ---------
Cecil E. Viverette, Jr., Chairman Rappahannock Electric Cooperative
P.O. Box 7388
247 Industrial Court
Fredericksburg, VA 22404-7388
Charles R. Rice, Jr., Vice Chairman Northern Neck Electric Cooperative
85 St. Johns Street
P.O. Box 288
Warsaw, VA 22572-3621
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M Dale Bradshaw, Secretary/Treasurer Prince George Electric Cooperative
7103 General Mahone Highway
P.O. Box 168
Waverly, Virginia 23890-0168
DIRECTORS ADDRESSES
- --------- ---------
Vernon N. Brinkley A & N Electric Cooperative
19056 Greenbush Road
P.O. Box 1128
Parksley, VA 23421-1128
Frank W. Blake A & N Electric Cooperative
18507 Matompkin Road
Parksley, VA 23421
Richard L. Weaver BARC Electric Cooperative
100 High Street
P.O. Box 264
Millboro, Virginia 24460-0264
William M. Leech, Jr. BARC Electric Cooperative
518 Bluegrass Trail
Lexington, VA 24460-0264
Frederick L. Hubbard Choptank Electric Cooperative
P.O. Box 430
Denton, Maryland 21629
Carl R. Widdowson Choptank Electric Cooperative
29754 Widdowson Lane
Princess Anne, MD 21853
James M. Reynolds, P.E. Community Electric Cooperative
52 W. Windsor Boulevard
P.O. Box 267
Windsor, Virginia 23487-0267
Gwaltney W. White, Jr. Community Electric Cooperative
102 Fleetney Circle
Smithfield, VA 23430
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E. Paul Bienvenue Delaware Electric Cooperative
Route 13, P.O. Box 600
Greenwood, DE 19950-0600
Bruce A. Henry Delaware Electric Cooperative
RDd 1, Box 96A
Greenwood, DE 19950
M. John Bowman Mecklenburg Electric Cooperative
11633 Hwy. 92 West
P.O. Box 2451
Chase City, VA 23924-2451
David J. Jones Mecklenburg Electric Cooperative
6874 Highway One
Bracey, VA 23919
Charles R. Rice, Jr. Northern Neck Electric Cooperative
85 St. Johns Street
P.O. Box 288
Warsaw, VA 22572-3621
Hunter R. Greenlaw, Jr. Northern Neck Electric Cooperative
P.O. Box 588
Fredericksburg, VA
Stan C. Feuerberg Northern Virginia Electric Cooperative
10323 Lomond Drive
P.O. Box 2710
Manassas, VA 20108-0875
John E. Bonfadini Northern Virginia Electric Cooperative
7500 Forrester Lane
Manassas, VA 22110
M Dale Bradshaw Prince George Electric Cooperative
7103 General Mahone Highway
P.O. Box 168
Waverly, Virginia 23890-0168
Glen F. Chappell Prince George Electric Cooperative
17420 Old Stage Road
Carson, VA 23830
Cecil E. Viverette, Jr. Rappahannock Electric Cooperative
P.O. Box 7388
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247 Industrial Court
Fredericksburg, VA 22404-7388
William M. Alphin Rappahannock Electric Cooperative
8196 Charlie's Lane
Boston, VA 22713
C. Douglas Wine Shenandoah Valley Electric Cooperative
P.O. Box 236
147 Dinkel Avenue - Hwy. 257
Mt. Crawford, VA 22841-0236
Dick C. Bowman Shenandoah Valley Electric Cooperative
11168 S. Middle Road
Edinburg, VA 22824
M. Larry Longshore Southside Electric Cooperative
P.O. Box 7
2000 West Virginia Avenue
Crewe, VA 23930-0007
Calvin P. Carter Southside Electric Cooperative
Route 1, Box 136C
Lynch Station, VA 24571
DATED: ________________________
OLD DOMINION ELECTRIC COOPERATIVE
By: _______________________________
Chairman
ATTEST: ____________________________
Secretary/Treasurer
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