EXHIBIT 3.3
FIRST AMENDMENT TO
LIMITED LIABILITY COMPANY AGREEMENT
THIS FIRST AMENDMENT (the "Amendment") to the Limited Liability Company
Agreement of Southern Energy Mid-Atlantic, LLC (the "Company") dated July 12,
2000 (the "Agreement") is made and entered into as of November 7, 2000, by the
sole members of the Company, Southern Energy Potomac Investments, Inc. ("SE
Potomac Investments") and Southern Energy PJM (G.P.), Inc. ("SE PJM (G.P.)").
WHEREAS, SE Potomac Investments and SE PJM (G.P.), as the sole members
of the Company, desire to amend the Agreement in accordance with the terms and
conditions hereinafter set forth;
NOW, THEREFORE, SE Potomac Investments and SE PJM (G.P.) hereby agree
as follows:
1. Article V, Section 5.2 of the Agreement shall be deleted in its
entirety and shall be replaced as follows:
5.2 Management by Manager. The business and affairs of the
---------------------
Company shall be managed by a manager appointed by the members of the
Company. SE PJM (G.P) shall be the initial manager (the "Manager") and
shall continue as manager until its successor is duly appointed. The
Manager shall have power and authority, and shall be and hereby is
authorized and empowered, in the name of and on behalf of the Company,
to appoint one or more officers, who shall have such titles, and who
shall have and may exercise and perform such rights, duties, powers,
authority, and authorization as the Manager may provide, and to
delegate to one or more of such officers or other persons the Manager's
rights and powers to manage and control the business and affairs of the
Company, including, without limitation, to delegate to agents and
employees of the Manager or the Company and to delegate by a management
agreement or other agreement with, or otherwise to, other persons. The
Manager shall have power and authority, and shall be and hereby is
authorized and empowered, in the name and on behalf of the Company, to
do or cause to be done any and all acts and things as may be necessary,
appropriate, proper, advisable, incidental, or convenient to or in
connection with the management of the Company, including, without
limitation, to negotiate, execute, acknowledge, certify, seal, deliver,
file, record, and/or perform any certificates, notices, deeds,
instruments, contracts, and documents as may be required or as the
Manager may deem necessary, appropriate, proper, advisable, or
convenient, such necessity, appropriateness, propriety, advisability,
incidence, convenience, or requirement, and such determination thereof,
to be conclusively, but not exclusively, evidenced by the doing,
causing to be done, negotiation, execution, acknowledgment,
certification, sealing, delivery, filing, recording, and/or performance
thereof by the Manager, and further, that any act done or caused to be
done prior to the effectiveness of this Agreement by the
Manager consistent with and in connection with the foregoing be, and
hereby is, ratified, adopted, authorized, approved, and confirmed.
2. This Amendment shall be governed by and construed in accordance with
the laws of the State of Delaware, without giving effect to its provisions
regarding conflict of laws.
3. Except as specifically amended herein, all terms of the Agreement
shall remain in full force and effect and are hereby ratified and affirmed.
IN WITNESS WHEREOF, the members of the Company have caused this
Amendment to be duly executed on the date first above written.
SOUTHERN ENERGY POTOMAC
INVESTMENTS, INC., as Member
By: /s/ Anne M. Cleary
--------------------------------
Name: Anne M. Cleary
Title: Vice President
SOUTHERN ENERGY
PJM (G.P.), INC., as Member
By: /s/ Anne M. Cleary
--------------------------------
Name: Anne M. Cleary
Title: Vice President
2