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0657896.09o"",iiil
TreyGraysonSecretaryofStateReceivedndFiledO2t19t2OO7:04:21PMFeeReceipt:$8'00
RTTCLESQFINCORPORATTONOFTheundersignedncorporatorof theCouncilofCo-OwnersofSalemSquareCondominiurns,nc. hasexecutedhese articlesofincorporationor the purposeofforminganddoesherebyorma non-stock,onprofitcorporationnderhelawsof thecommonwealthf Kentuckynaooordanseiththeollowingprovisions:ARTICLEIThe name ofthe cotporations CouncilofCo-Ownersof SalemSquareCondorniniums,nc.
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Thepurposeof the corporations(1)to be the"councilof co-owners"asdefinedin theKentuckyHorizontalPropertyLaw, KRS 381.805oKRS 381.990asamended)or the operation andadministrationofSalemSquareCondominiums,a condominiumprojectestablishedn JeffersonCounty,Kentucky,pursuanto theprovisionsof theKentuckyHorizontalProper{y aw andhe ermsof a certainMasterDeeddatedJuly 20,1973 atd filodofrecord in Deed Book4945,Page586 intheoffice ofthe JeffersonCounty,KentuckyClerk,by John A.. MontgoffierY,Trustee("MasterDeed");(2)toexercisell thepowersandprivilegesandoperformali ofthe dutiesand obligationsfthecorporationssetorth in the MasterDeed,as hesamemay beamendedrornimeotimeas thereinprovided;(3)to haveand toexerciseany andallpowers,iglrtsandprivilegeswhichacorporationorganizedunderthe nonprofitcorporationawof the
commonwealthfKentuckyy lawmaynowor hereafterffiE ED4fwffipffito
FrB32007
tsobbieolsclaw,lerk3y.
D.C.
 
liable fornegligenceor misconductintheperformanceof hisduty to theCorporation,unlessand.onlytothe extent thatthe courtinwhichsuchactionorsuit wasbroughtshalldeterminbupon application that, despitethe adjudicationof liability,but inview of allcircumstancesfthe case,suchpersons fairly and reasonablyentitledto indemnificationforsuch expenses whichsuchcourtshalldeemproper.Such inderrurificationshall bemade o the full extentpermittedby Kentuckylaw.[f[T.ESTMO]I-YWfmnBfORE, witnessthe signatureof the incorporator this
UlLda4ofFebruary,2007,who havingbeennamed aboveashe Registered gent ofdayof February007.'Mygommissionexpires:O lZ+l,Zotothecompany, erebyalsoconsentso serve nthat capacrty.Commonwealthf,Kentucky
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)SS:couNTYoFJEFFERSON)I, theundersignedotarypublicinandfor the StateandCountyaforesaid,oherebyertifyhatRichardV. Hornungpersonally ppearedeforemeand,havingbeendulyswom,declared,acknowledged,nd verifiedthe foregoingo bethe Articlesoflncorporationf CotncilofCo-Ownersf SalemSquareCondominiums,nc.,this| 6+'lr
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Hebel&
Louisville,
 
anmproperpersonalbenefit;or(5)isacriminaiactoranactofunconscionablenegligencendelederalorstateaw,IftheKentuckyRevisedStatutesarehereafteramended.oauthorizecorporateactionirthereliminatingorlimitingthepersonaliabilityofdirectors,hentheliabilityofadirectorofthecorporationshallbe eliminatedorlimitedtothefirllestextentpermittedby theKentuckyRevisedStatutesssoErmended.nyrepealormodificationof thisArticleby theshareholdersftheeorporatipnshallnotadverselyaffectanyrightorprotectionof adirectorof thecorporationexistingatthetimeofsuchrepealormodification.x,,ARTTCI/EXTheCorporationshallindemnifyanypersonwhowasoris apartyof,or istlneatenedo bemadeapafiyto,anythreatened, endingor completedaction,suit orproceeding,hethercivil,criminal,administrativer investigative,y reasonofthefactthatshe/hesor was a directororofficerof theCorporation,r isor wasservingattherequestofthe Corporationas adirector,officer,employee,or agentof anothercorporation,partnership,ointvenfure,trust orotherenterprise,againstexpensos(includingattorneys'eeq),udgments,rnesand amountspaidinsettlernentactuallyandreasonablyncurredby him inconnectionithsuchaction,suit orproceedingf heactedingoodaith and n amannerhereasonablyelieved o bein or notopposedo the bestinterests f the Corporation,andwith respecto any criminalactionorproceeding,hadnoreasonable ause o believe hisconductwas unlawfi.rl;except hatwith respect o anactionby or inthe right ofthe Corporation,o indemnificationhall bemade n respectofany claim, issueor maller astowhich suchpersonshall have been adjudgedo be
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