Document:

CERTIFICATE OF DESIGNATION
                            OF RIGHTS AND PREFERENCES

                                   RELATING TO

                   SERIES F CONVERTIBLE SENIOR PREFERRED STOCK

     Boots & Coots International Well Control, Inc., a corporation organized and
existing  under  and  by  virtue  of the General Corporation Law of the State of
Delaware  (the  "Corporation"),  DOES  HEREBY  CERTIFY:

     FIRST:  That  the Board of Directors of said Corporation effective the 27th
day  of  December  2000,  adopted  the  following  resolution:

     RESOLVED, out of the Corporation's 5,000,000 authorized shares of preferred
stock, par value $0.00001 per share ("Preferred Stock"), there shall be a series
of  Preferred  Stock  designated  and  known  as  "Series  F  Convertible Senior
Preferred  Stock"  consisting  of  60,775  shares  ("Series  F  Stock")  with an
aggregate  face  value  of  $6,077,500 ($100.00 per share), which shall have the
following  relative  rights,  preferences,  voting  powers,  qualifications  and
privileges:

1.   Voting.
     ------

     (a)  General  Voting  Rights.  Except  as  may  otherwise  provided  in
          -----------------------
subparagraph 1(b), the terms of the Series F Stock or by law, the Series F Stock
shall be entitled to notice of all stockholders' meetings in accordance with the
Corporation's  By-laws,  and the holders of the Series F Stock shall be entitled
to  vote  on all matters submitted to the stockholders for a vote, excluding the
election of directors as to which such shares shall not be entitled to any vote,
together  with the holders of the common stock, $0.00001 par value per share, of
the  Corporation  ("Common  Stock"), voting together as a single class with each
share  of  Series  E  Stock(as  defined  below) and Common Stock.  Each share of
Series F Stock shall be entitled to one vote for each share of Common Stock into
which  the Series F Stock is convertible as of the record date for such vote or,
if  no  record  date  is  specified,  the  date  of  such  vote.

     (b)  Restrictions  and  Limitations.  For so long as any shares of Series F
        ------------------------------
Stock remain outstanding, the Corporation shall not, without the approval of the
holders  of at least a majority of the then outstanding shares of Series E Stock
and  Series  F  Stock,  voting  as  a  single  class:

          (i)  redeem,  purchase  or otherwise acquire for value (or pay into or
     set  aside  a  sinking  fund  for such purpose) any shares of Junior Stock,
     including  without  limitation,  shares  of  Common  Stock;

          (ii)  amend,  repeal  or change any provision of, or add any provision
     to,  this  Certificate  of  Designation;

<PAGE>
          (iii)  amend,  repeal  or  change  any  provision of the Corporation's
     Restated and Amended Certificate of Incorporation or By-laws if such action
     would  materially  adversely impact the Series E Stock or Series F Stock or
     the  designation,  powers,  preferences  and rights and the qualifications,
     limitations  and/or  restrictions  thereof  provided  for  herein;

          (iv)  permit  any significant subsidiary to issue capital stock to any
     person  other than the Corporation or a wholly owned subsidiary (other than
     as  a  nominee  for  the  Corporation  or  a wholly owned subsidiary of the
     Corporation  to  comply  with  applicable  law);

          (v)  authorize,  designate,  issue, and sell shares of preferred stock
     with powers, rights, and preferences prior or senior to or on a parity with
     any  powers,  rights,  and  preferences  of  the Series E Stock or Series F
     Stock;  or

          (vi) except for the issuance of Common Stock or warrants or options to
     purchase  Common  Stock to employees, officers and directors (collectively,
     "Stock  Awards")  pursuant to the Corporation's current incentive plans and
     such  subsequently  adopted  plans as may be approved by the holders of the
     Series  E Stock and Series F Stock, voting as a single class, issue, in any
     12  month  period, any Stock Awards (on a fully-diluted basis) exceeding in
     the  aggregate  five  percent (5%) of the aggregate amount of fully-diluted
     Common  Stock and warrants and options to purchase Common Stock outstanding
     on  the date hereof, provided that at no time shall the aggregate shares of
                          --------
     Common Stock issued or issuable pursuant to Stock Awards granted to persons
     not  employed  by  the Company on the date hereof who subsequently commence
     employment  with  the  Company exceed 10% of the fully-diluted Common Stock
     and  warrants  and  options  to  purchase  Common  Stock  outstanding.

     (c)  Quorum;  Action  by  Written  Consent.  A  majority  of  the shares of
          ------------------------------------
Series  E  Stock  and  Series  F Stock, represented in person or by proxy, shall
constitute  a  quorum  at  any  meeting of the holders of the Series E Stock and
holders  of  Series F Stock.  Action may be taken at any meeting of the Series E
Stock  and Series F Stock holders at which a quorum is present by the holders of
a  majority  of the shares of Series E Stock and Series F Stock, voting together
as  a  single  class,  represented  at  such meeting in person or by proxy.  The
holders  of  Series  E Stock and Series F Stock may collectively take action, in
lieu  of a meeting, by a written consent signed by the holders of such number of
shares  of  Series  E  Stock  and  Series F Stock as is required to approve such
action  at  any  meeting  of  the  holders of Series E Stock and Series F Stock.

2.   Dividends.
     ---------

     (a)  Cumulative  Dividends.  The  holders  of  record of the Series F Stock
          ---------------------
shall  be  entitled  to receive cumulative dividends at a rate of twelve percent
(12%)  per  annum,  compounded  semi-annually,  on  the  face  value  ($100.00)
denominated  thereon  (subject  to adjustment for stock splits, stock dividends,
reorganization, reclassification or similar events (the "Adjusted Face Value")).

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<PAGE>
     (b)  Payment.  Dividends  on  shares  of  Series  F  Stock shall be payable
          -------
semi-annually  in  arrears, when and as declared by the Board, on December 1 and
June  1  of each year or the next business day if such date falls on a Saturday,
Sunday, or legal holiday (each such date being herein referred to as a "Dividend
Payment  Date")  to  holders  of  record  as  they  appear on the records of the
Corporation  on  any  record  date  not exceeding sixty (60) days preceding such
Dividend  Payment  Date; provided, however, that if the initial Dividend Payment
Date  following  the issuance of shares of Series F Stock represents less than a
full  semi-annual period, the dividends for such period shall be due and payable
on  the  next  succeeding  Dividend  Payment  Date.  Dividends in arrears may be
declared  by  the  Board  and  paid  at  any time out of funds legally available
therefor,  without reference to any regular Dividend Payment Date, to holders of
record  on  any record date, not exceeding sixty (60) days preceding the payment
date  thereof,  as  may  be  fixed  by  the  Board.

     (c)  Default  in Payment. Dividends on the Series F Stock, if issued, shall
          --------------------
commence  to  accrue  and shall be cumulative from and after the date of initial
issuance  thereof,  whether  or  not  declared by the Board.  To the extent that
dividends  remain  unpaid  ten  (10) business days after the applicable Dividend
Payment  Date,  additional  dividends  shall  accrue thereon at a rate of twelve
percent  (12%)  per annum until paid and shall be a continuing obligation of the
Corporation.  Dividends  paid on the shares of Series F Stock, in an amount less
than  the  total  amount  of  dividends  at the time accrued and payable on such
shares  shall  be  allocated  pro  rata on a share-by-share basis among all such
shares  at  the  time  outstanding.

     (d)  Dividends  on  Common  or  Junior Stock. The Series F Stock shall rank
          -----------------------------------
senior to all Junior Stock (as defined below) of the Corporation with respect to
the payment of dividends.  No dividend or distribution (other than a dividend or
distribution  paid  in  Common  Stock  or  in any other Junior Stock (as defined
below))  shall  be declared or paid or set aside for payment on the Common Stock
or  on  any  other  Junior Stock, nor shall any Common Stock or any other Junior
Stock be redeemed, purchased or otherwise acquired for any consideration (or any
moneys be paid to or made available for a sinking fund for the redemption of any
shares  of  any  such  stock)  by  the Corporation (except by conversion into or
exchange for shares of Common Stock or other Junior Stock) unless, in each case,
full  cumulative dividends on all outstanding shares of the Series F Stock shall
have  been  declared  and  paid  through  and including the most recent Dividend
Payment  Date.

     "Junior  Stock"  shall  include the Common Stock, the 10% Junior Redeemable
Convertible  Preferred  Stock  of  the  Corporation,  the  Series  B Convertible
Preferred  Stock  of the Corporation, the Series C Cumulative Convertible Junior
Preferred  Stock  of  the  Corporation, the Series D Cumulative Junior Preferred
Stock of the Corporation, the Series G Cumulative Convertible Preferred Stock of
the  Corporation,  the  Series  H  Cumulative Convertible Preferred Stock of the
Corporation  and  all  other equity securities of the Corporation over which the

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<PAGE>
Series  F  Stock  has preference or priority in the payment of dividends, in the
distribution  of  assets,  upon  redemption and upon dissolution, liquidation or
winding  up,  voluntary  or  involuntary,  of  the  Corporation.

     "Parity  Stock"  shall  include  the  Series  A Cumulative Senior Preferred
Stock,  the  Series  E Cumulative Senior Preferred Stock of the Corporation (the
"Series  E  Stock")  and any other stock or class of stock, the holders of which
shall  be  entitled to the receipt of dividends or of amounts distributable upon
redemption  or  upon  dissolution,  liquidation  or  winding  up,  voluntary  or
involuntary,  in  proportion  to  their respective dividend rates or liquidation
prices or values, without preference or priority, one over the other, as between
the  holders  of  such  stock or class of stock and the holders of shares of the
Series  F  Stock.

     "Senior  Stock" shall mean any stock or class of stock the holders of which
shall  be  entitled to the receipt of dividends or of amounts distributable upon
redemption  or  upon  dissolution, liquidation or winding up of the Corporation,
voluntary  or  involuntary, as the case may be, in preference or priority to the
holders  of  shares  of  Series  F  Stock.

3.     Liquidation.  Upon  any  liquidation,  dissolution  or  winding up of the
       -----------
Corporation,  whether  voluntary  or  involuntary, or any Deemed Liquidation (as
defined  below),  before any distribution or payment is made with respect to any
Junior  Stock,  holders  of each share of Series F Stock shall be entitled to be
paid  an  amount  equal  to the Adjusted Face Value denominated thereon plus, in
case  of  each  share,  an amount equal to all dividends accrued or declared but
unpaid  thereon, computed to the date payment thereof is made available, and the
holders  of  Series  F  Stock shall not be entitled to any further payment, such
amount payable with respect to Series F Stock being sometimes referred to as the
"Liquidation  Payments".  If upon such liquidation, dissolution or winding up of
the  Corporation, whether voluntary or involuntary, the assets to be distributed
among  the  holders  of  Series  F  Stock,  and  any and all Parity Stock, after
distribution on any Senior Stock, shall be insufficient to permit payment to the
holders  of Series F Stock of the amount distributable to such parties, then the
entire  assets  of the Corporation available to be so distributed, if any, shall
be  distributed  among  the holders of the Series F Stock and the holders of any
and  all  Parity  Stock  pro  rata so that the amount of assets distributed with
respect to the Series F Stock and Parity Stock bear to each other the same ratio
that  Liquidation Payments due per share of Series F Stock and Parity Stock bear
to  each  other.  Upon  any  such  liquidation, dissolution or winding up of the
Corporation, after the holders of Series F Stock and any Parity Stock shall have
been  paid  in  full  the  entire  Liquidation  Payments  to which they shall be
entitled,  the remaining net assets of the Corporation may be distributed to the
holders  of  Junior  Stock.  Written  notice of such liquidation, dissolution or
winding  up,  stating a payment date, the amount of the Liquidation Payments and
the  place  where said Liquidation Payments shall be payable, shall be delivered
in  person, mailed by certified or registered mail, return receipt requested, or
sent  by reputable overnight courier service, not less than 20 days prior to the
payment  dates  stated  therein,  to  the  holders  of  record of Series F Stock
entitled  to such Liquidation Payments, such notice to be addressed to each such

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<PAGE>
holder  at  its  address  as  shown  by  the  records  of  the Corporation.  The
consolidation  or  merger  of  the  Corporation into or with any other entity or
entities which results in the exchange of outstanding shares of  the Corporation
for  securities  or other consideration issued or paid or caused to be issued or
paid  by  any  such  entity  or  affiliate  thereof  (other  than  a  merger  to
reincorporate the Corporation in a different jurisdiction), and the sale, lease,
abandonment,  transfer  or  other  disposition  by  the  Corporation  of  all or
substantially  all  of  its  assets,  shall  be  deemed  to  be  a  liquidation,
dissolution  or  winding  up  of  the  Corporation  within  the  meaning  of the
provisions  of  this  paragraph  3  ("Deemed  Liquidation").

4.     Redemption.  The  Corporation  shall  not  have  the  right to redeem the
       ----------
Series  F  Stock.

5.     Optional  Conversion.  At  any  time  and  from time to time, each holder
       --------------------
shall  have  the  right,  but  not  the obligation, to convert any or all of his
shares  of  Series  F  Stock, and all accrued but unpaid dividends owing thereon
through the date of conversion, into shares of Common Stock.  In such event, the
number of shares of Common Stock to be issued on account of each share of Series
F  Stock  shall  be  determined by dividing (i) the Adjusted Face Value plus the
amount  of  any  accrued but unpaid dividends thereon by (ii) an amount equal to
85%  of  the  average,  for  the  ninety (90) trading days preceding the date of
notice to the Corporation of such conversion, of the high and low trading prices
of  the Common Stock on the American Stock Exchange or other national securities
exchange or national automatic quotation system where the Common Stock is listed
for trading, or if no such listing is in effect, the fair market value per share
as  determined  in  good faith by the Board of Directors of the Corporation (the
"Per  Share  Conversion  Price").

     (a)  Mechanics  of  Conversion.  To  effect  a  conversion  of  shares  of
          -------------------------
Series  F  Stock, the holder shall give written notice to the Corporation of its
intention  to  convert  such  shares.  The  Corporation  shall send the holder a
confirmation  notice  setting  forth  the  date  upon which the conversion is to
occur.  Such  notice  shall  also  state  the  date, place and time at which the
holder  of  the shares of Series F Stock to be converted is to tender the shares
of  Series F Stock being converted in exchange for the shares of Common stock to
be  delivered  at  such  time by the Corporation.  On the date set forth in such
notice,  provided  that the Corporation tenders the shares of Common Stock to be
issued  upon  the conversion of the Series F Stock, the shares of Series F Stock
to  be  converted  shall no longer be outstanding and shall thereafter represent
only  the  right  to  receive  the  shares  of  Common  Stock  issuable upon the
conversion  thereof.  The shares of Common Stock issuable upon conversion of the
Series  F  Stock  shall  bear  a  restrictive  legend  substantially as follows:

          THE  SHARES  REPRESENTED  BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
          UNDER  THE  SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS
          OF ANY STATE. SUCH SHARES MAY NOT BE TRANSFERRED EXCEPT PURSUANT TO AN
          EFFECTIVE  REGISTRATION  STATEMENT UNDER SUCH ACT AND APPLICABLE STATE
          SECURITIES  LAWS  OR  PURSUANT  TO  AN  APPLICABLE  EXEMPTION FROM THE
          REGISTRATION  REQUIREMENTS  OF SUCH ACT AND SUCH LAWS AND THE DELIVERY
          TO  THE  CORPORATION  OF  A  WRITTEN  OPINION  OF  COUNSEL  REASONABLY
          ACCEPTABLE  TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.

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<PAGE>
     (b)  Fractional  Shares,  Dividends.  No  fractional shares shall be issued
             ----------------------------
upon conversion of Series F Stock into Common Stock.  If any fractional share of
Series F Stock would be delivered upon such conversion, the Corporation, in lieu
of  delivering  such  fractional  share, shall pay to the holder of the Series F
Stock being converted an amount in cash equal to the Adjusted Face Value of such
share  fraction.

     (c)  Reorganization  or  Reclassification. If any capital reorganization or
          ------------------------------------
reclassification  of  the  capital stock of the Corporation shall be effected in
such  a  way  that  holders  of Common Stock shall be entitled to receive stock,
securities or assets with respect to or in exchange for Common Stock, then, as a
condition  of  such  reorganization  or  reclassification,  lawful  and adequate
provisions  shall  be  made whereby each holder of a share or shares of Series F
Stock  shall  thereupon  have  the right to receive, upon the basis and upon the
terms  and conditions specified herein and in lieu of the shares of Common Stock
immediately  theretofore  receivable upon the conversion of such share or shares
of  Series  F Stock, such shares of stock, securities or assets as may be issued
or  payable with respect to or in exchange for a number of outstanding shares of
such Common Stock equal to the number of shares of such Common Stock immediately
theretofore  receivable  upon  such  conversion  had  such  reorganization  or
reclassification  not  taken  place, and in any such case appropriate provisions
shall be made with respect to the rights and interests of such holder to the end
that  the provisions hereof shall thereafter be applicable, as nearly as may be,
in  relation to any shares of stock, securities or assets thereafter deliverable
upon  conversion.

     (d)  Stock  to  be  Reserved. The Corporation will at all times reserve and
         ------------------------
keep  available  out  of  the authorized Common Stock, solely for the purpose of
issue  upon the conversion of the Series F Stock as herein provided, such number
of  shares  of  Common  Stock as shall then be issuable upon the exercise of all
outstanding  Series  F  Stock and the Corporation will maintain at all times all
other  rights  and  privileges  sufficient  to  enable  it  to  fulfill  all its
obligations  hereunder.  The  Corporation  covenants  that  all shares of Common
Stock  which  shall  be  so  issuable  shall, upon issuance, be duly authorized,
validly  issued,  fully  paid  and  nonassessable,  and  free from preemptive or
similar  rights  on  the  part  of the holders of any shares of capital stock or
securities  of  the  Corporation  or  any other person, and free from all taxes,
liens  and charges with respect to the issue thereof.  The Corporation will take
all  such  action as may be necessary to assure that such shares of Common Stock
may  be  so  issued without violation of any applicable law or regulation, or of
any  applicable  requirements of the National Association of Securities Dealers,
Inc.,  or of any domestic securities exchange upon which the Common Stock may be
listed.

                                        6
<PAGE>
     (e)  No  Reissuance  of  Series F Stock. Shares of Series F Stock which are
          -----------------------------------
converted  into shares of Common Stock as provided herein shall not be reissued.

     (f)  Issue  Tax.  The  issuance  of certificates for shares of Common Stock
          ---------
upon  conversion  of  Series F Stock shall be made without charge to the holders
thereof  for  any issuance tax in respect thereof, provided that the Corporation
shall  not  be  required  to  pay any tax which may be payable in respect of any
transfer  involved  in  the  issuance  and delivery of any certificate in a name
other  than  that  of the holder of the Series F Stock which is being converted.

     (g)  Closing  of  Books. The Corporation will at no time close its transfer
          ------------------
books  against  the  transfer  of  any Series F Stock or of any shares of Common
Stock  issued or issuable upon the conversion of any shares of Series F Stock in
any  manner  which interferes with the timely conversion of such Series F Stock,
except  as  may otherwise be required to comply with applicable securities laws.

     IN WITNESS WHEREOF, said Corporation has caused this Amended Designation of
Preferences  to  be signed by Larry H. Ramming, its Chief Executive Officer, and
attested by Dewitt H. Edwards, its Secretary, this the ___ day of December 2000,
and  by  execution hereof does declare and certify that this is the act and deed
of  the  Corporation  and  the  facts  herein  stated  are  true.

                                   _________________________________________
                                   Larry H. Ramming, Chief Executive Officer

                                   _________________________________________
                                   Dewitt H. Edwards, Secretary

                                        7
<PAGE>CERTIFICATE OF DESIGNATION
                            OF RIGHTS AND PREFERENCES

                                   RELATING TO

                 SERIES G CUMULATIVE CONVERTIBLE PREFERRED STOCK

     Boots & Coots International Well Control, Inc., a corporation organized and
existing  under  and  by  virtue  of the General Corporation Law of the State of
Delaware  (the  "Corporation"),  DOES  HEREBY  CERTIFY:

     FIRST:  That  the Board of Directors of said Corporation effective the 27th
day  of  December  2000,  adopted  the  following  resolution:

     RESOLVED, out of the Corporation's 5,000,000 authorized shares of preferred
stock, par value $0.00001 per share ("Preferred Stock"), there shall be a series
of  Preferred  Stock  designated  and  known as "Series G Cumulative Convertible
Preferred  Stock"  consisting  of  80,000  shares  ("Series  G  Shares") with an
aggregate  face  value  of $8,000,000 ($100.00 per share), and 17,240 additional
shares of Series G Cumulative Senior Preferred Stock as may be paid as dividends
on  such  Series  G  Shares in lieu of cash ("PIK Shares" and, together with the
Series  G  Shares,  "Series  G  Stock")  which shall have the following relative
rights,  preferences,  voting  powers,  qualifications  and  privileges:

1.   Voting.
     ------

     (a)  General  Voting  Rights.  Except  as  may  otherwise  provided  in
          -----------------------
subparagraph 1(b), the terms of the Series G Stock or by law, the Series G Stock
shall be entitled to notice of all stockholders' meetings in accordance with the
Corporation's  By-laws,  and the holders of the Series G Stock shall be entitled
to  vote  on all matters submitted to the stockholders for a vote, excluding the
election of directors as to which such shares shall not be entitled to any vote,
together  with the holders of the common stock, $0.00001 par value per share, of
the  Corporation  ("Common  Stock"), voting together as a single class with each
share  of  Common  Stock.  Each share of Series G Stock shall be entitled to one
vote for each share of Common Stock into which the Series G Stock is convertible
as  of  the  record date for such vote, or if no record date is specified, as of
the  date  of  such  vote.

     (b)  Restrictions  and  Limitations.  For so long as any shares of Series G
        ------------------------------
Stock remain outstanding, the Corporation shall not, without the approval of the
holders of at least a majority of the then outstanding shares of Series G Stock;

          (i)  redeem,  purchase  or otherwise acquire for value (or pay into or
     set  aside  a  sinking  fund  for such purpose) any shares of Junior Stock,
     including  without  limitation,  shares  of  Common  Stock;

<PAGE>
          (ii)  amend,  repeal  or change any provision of, or add any provision
     to,  this  Certificate  of  Designation;

          (iii)  amend,  repeal  or  change  any  provision of the Corporation's
     Restated and Amended Certificate of Incorporation or By-laws if such action
     would  materially  adversely  impact the Series G Stock or the designation,
     powers,  preferences  and rights and the qualifications, limitations and/or
     restrictions  thereof  provided  for  herein;

          (iv)  permit  any significant subsidiary to issue capital stock to any
     person  other than the Corporation or a wholly owned subsidiary (other than
     as  a  nominee  for  the  Corporation  or  a wholly owned subsidiary of the
     Corporation  to  comply  with  applicable  law);

          (v)  authorize,  designate,  issue, and sell shares of preferred stock
     with powers, rights, and preferences prior or senior to or on a parity with
     any  powers,  rights,  and  preferences  of  the  Series  G  Stock;  or

          (vi) except for the issuance of Common Stock or warrants or options to
     purchase  Common  Stock to employees, officers and directors (collectively,
     "Stock  Awards")  pursuant to the Corporation's current incentive plans and
     such  subsequently  adopted  plans as may be approved by the holders of the
     Series  G  Stock,  issue,  in  any  12 month period, any Stock Awards (on a
     fully-diluted  basis)  exceeding  in the aggregate five percent (5%) of the
     aggregate  amount of fully-diluted Common Stock and warrants and options to
     purchase  Common  Stock outstanding on the date hereof, provided that at no
                                                             --------
     time shall the aggregate shares of Common Stock issued or issuable pursuant
     to  Stock Awards granted to persons not employed by the Company on the date
     hereof  who subsequently commence employment with the Company exceed 10% of
     the  fully-diluted Common Stock and warrants and options to purchase Common
     Stock  outstanding.

     (c)  Quorum;  Action  by  Written  Consent.  A  majority  of  the shares of
          ------------------------------------
Series  G Stock, represented in person or by proxy, shall constitute a quorum at
any  meeting  of  the holders of the Series G Stock.  Action may be taken at any
meeting  of  the  Series  G  Stock  holders  at which a quorum is present by the
holders  of  a  majority  of  the  shares  of Series G Stock represented at such
meeting  in  person or by proxy.  The holders of Series G Stock may take action,
in  lieu of a meeting, by a written consent signed by the holders of such number
of shares of Series G Stock as is required to approve such action at any meeting
of  the  holders  of  Series  G  Stock.

2.   Dividends.
     ---------

     (a)  Cumulative  Dividends.  The  holders  of  record of the Series G Stock
          ---------------------
shall be entitled to receive cumulative dividends at a rate of ten percent (10%)
per  annum,  compounded  semi-annually,  on the face value ($100.00) denominated
thereon  (subject  to  adjustment  for  stock  splits,  stock  dividends,

                                        2
<PAGE>
reorganization, reclassification or similar events (the "Adjusted Face Value")).
At  the  discretion  of the Corporation, any and all dividends are payable, from
the  date  of  issuance  of  any  shares  of  Series  G Stock through the second
anniversary  thereof,  in  additional shares of Series G Stock, each share being
valued  at  $100  for  such  purposes  ("PIK  Shares")  in  lieu  of  cash.  The
Corporation shall, at all times as PIK Shares are authorized for payment hereby,
have  in  reserve  an  amount of Series G Stock as shall be necessary to pay all
dividends  in  full in the form of PIK Shares.  When issued, holders of such PIK
Shares  shall  be  entitled  to  the  same  rights,  preferences, voting powers,
qualifications  and  privileges,  including  the  right  to  receive  cumulative
dividends,  as  the  shares  of  Series  G  Stock  originally  issued.

     (b)  Payment.  Dividends  on  shares  of  Series  G  Stock shall be payable
          -------
semi-annually  in  arrears, when and as declared by the Board, on December 1 and
June  1  of each year or the next business day if such date falls on a Saturday,
Sunday, or legal holiday (each such date being herein referred to as a "Dividend
Payment  Date")  to  holders  of  record  as  they  appear on the records of the
Corporation  on  any  record  date  not exceeding sixty (60) days preceding such
Dividend  Payment  Date; provided, however, that if the initial Dividend Payment
Date  following  the issuance of shares of Series G Stock represents less than a
full  semi-annual period, the dividends for such period shall be due and payable
on  the  next  succeeding  Dividend  Payment  Date.  Dividends in arrears may be
declared  by  the  Board  and  paid  at  any time out of funds legally available
therefor,  without reference to any regular Dividend Payment Date, to holders of
record  on  any record date, not exceeding sixty (60) days preceding the payment
date  thereof,  as  may  be  fixed  by  the  Board.

     (c)  Default  in  Payment.  Dividends  on the Series G Stock, including PIK
          --------------------
Shares,  if  issued,  shall  commence to accrue and shall be cumulative from and
after  the  date  of  initial  issuance  thereof, whether or not declared by the
Board.  To  the extent that dividends remain unpaid ten (10) business days after
the  applicable Dividend Payment Date, additional dividends shall accrue thereon
at  a  rate  of ten percent (10%) per annum until paid and shall be a continuing
obligation  of the Corporation.  Dividends paid on the shares of Series G Stock,
including  PIK  Shares,  in an amount less than the total amount of dividends at
the  time  accrued  and  payable on such shares shall be allocated pro rata on a
share-by-share  basis  among  all  such  shares  at  the  time  outstanding.

     (d)  Dividends  on  Common  or  Junior Stock. The Series G Stock shall rank
          -----------------------------------
senior to all Junior Stock (as defined below) of the Corporation with respect to
the payment of dividends.  No dividend or distribution (other than a dividend or
distribution  paid  in  Common  Stock  or  in any other Junior Stock (as defined
below))  shall  be declared or paid or set aside for payment on the Common Stock
or  on  any  other  Junior Stock, nor shall any Common Stock or any other Junior
Stock be redeemed, purchased or otherwise acquired for any consideration (or any
moneys be paid to or made available for a sinking fund for the redemption of any
shares  of  any  such  stock)  by  the Corporation (except by conversion into or
exchange for shares of Common Stock or other Junior Stock) unless, in each case,
full  cumulative dividends on all outstanding shares of the Series G Stock shall
have  been  declared  and  paid  through  and including the most recent Dividend
Payment  Date.

                                        3
<PAGE>
     "Junior  Stock"  shall  include  the Common Stock, the Series B Convertible
Preferred  Stock  of  the  Corporation,  and  all other equity securities of the
Corporation  over  which  the  Series  G Stock has preference or priority in the
payment  of  dividends,  in the distribution of assets, upon redemption and upon
dissolution,  liquidation  or  winding  up,  voluntary  or  involuntary,  of the
Corporation.

     "Parity  Stock"  shall  include  the  10%  Junior  Redeemable  Convertible
Preferred  Stock  of the Corporation, the Series C Cumulative Convertible Junior
Preferred  Stock  of  the  Corporation, the Series D Cumulative Junior Preferred
Stock of the Corporation, the Series H Cumulative Convertible Preferred Stock of
the  Corporation  ("Series  H Stock") and any other stock or class of stock, the
holders  of  which  shall  be entitled to the receipt of dividends or of amounts
distributable  upon  redemption  or upon dissolution, liquidation or winding up,
voluntary  or  involuntary,  in proportion to their respective dividend rates or
liquidation  prices  or  values,  without  preference  or priority, one over the
other, as between the holders of such stock or class of stock and the holders of
shares  of  the  Series  G  Stock.

     "Senior Stock" shall mean the Series A Cumulative Senior Preferred Stock of
the  Corporation,  the  Series  E  Cumulative  Senior  Preferred  Stock  of  the
Corporation,  the Series F Convertible Senior Preferred Stock of the Corporation
and  any  stock  or class of stock the holders of which shall be entitled to the
receipt  of  dividends  or  of  amounts  distributable  upon  redemption or upon
dissolution,  liquidation  or  winding  up  of  the  Corporation,  voluntary  or
involuntary,  as  the  case  may be, in preference or priority to the holders of
shares  of  Series  G  Stock.

     3.  Liquidation.  Upon  any  liquidation,  dissolution or winding up of the
         -----------
Corporation,  whether  voluntary  or  involuntary, or any Deemed Liquidation (as
defined  below),  before any distribution or payment is made with respect to any
Junior  Stock,  holders  of each share of Series G Stock shall be entitled to be
paid  an  amount  equal  to the Adjusted Face Value denominated thereon plus, in
case  of  each  share,  an amount equal to all dividends accrued or declared but
unpaid  thereon, computed to the date payment thereof is made available, and the
holders  of  Series  G  Stock shall not be entitled to any further payment, such
amount payable with respect to Series G Stock being sometimes referred to as the
"Liquidation  Payments".  If upon such liquidation, dissolution or winding up of
the  Corporation, whether voluntary or involuntary, the assets to be distributed
among  the  holders  of  Series  G  Stock,  and  any and all Parity Stock, after
distribution on any Senior Stock, shall be insufficient to permit payment to the
holders  of Series G Stock of the amount distributable to such parties, then the
entire  assets  of the Corporation available to be so distributed, if any, shall
be  distributed  among  the holders of the Series G Stock and the holders of any
and  all  Parity  Stock  pro  rata so that the amount of assets distributed with
respect to the Series G Stock and Parity Stock bear to each other the same ratio
that  Liquidation Payments due per share of Series G Stock and Parity Stock bear
to  each  other.  Upon  any  such  liquidation, dissolution or winding up of the
Corporation, after the holders of Series G Stock and any Parity Stock shall have
been  paid  in  full  the  entire  Liquidation  Payments  to which they shall be
entitled,  the remaining net assets of the Corporation may be distributed to the
holders  of  Junior  Stock.  Written  notice of such liquidation, dissolution or
winding  up,  stating a payment date, the amount of the Liquidation Payments and
the  place  where said Liquidation Payments shall be payable, shall be delivered

                                        4
<PAGE>
in  person, mailed by certified or registered mail, return receipt requested, or
sent  by reputable overnight courier service, not less than 20 days prior to the
payment  dates  stated  therein,  to  the  holders  of  record of Series G Stock
entitled  to such Liquidation Payments, such notice to be addressed to each such
holder  at  its  address  as  shown  by  the  records  of  the Corporation.  The
consolidation  or  merger  of  the  Corporation into or with any other entity or
entities which results in the exchange of outstanding shares of  the Corporation
for  securities  or other consideration issued or paid or caused to be issued or
paid  by  any  such  entity  or  affiliate  thereof  (other  than  a  merger  to
reincorporate the Corporation in a different jurisdiction), and the sale, lease,
abandonment,  transfer  or  other  disposition  by  the  Corporation  of  all or
substantially  all  of  its  assets,  shall  be  deemed  to  be  a  liquidation,
dissolution  or  winding  up  of  the  Corporation  within  the  meaning  of the
provisions  of  this  paragraph  3  ("Deemed  Liquidation").

4.     Call  Option.  Nothing contained in this Certificate of Designation shall
       ------------
conflict  or  be  construed  to conflict with the provisions of and transactions
which  may  be  executed  pursuant  to  Section  3.3  of  the  Subordinated Note
Restructuring  Agreement,  dated  as  of  December  28, 2000 (the "Restructuring
Agreement")  between  the  Corporation  and  the Prudential Insurance Company of
America  (the  "Call  Option"),  which  provisions  are  hereby  ratified.  Upon
election  by  the  Corporation  to  pay the Call Option Price (as defined in the
Restructuring  Agreement),  each  holder  of  shares  of  Series  G  Stock shall
surrender  the certificate(s) representing such shares to the Corporation at the
principal  offices of the Corporation or such other place as the Corporation may
designate  in  writing,  on  the date of payment of the Call Option Price.  Upon
payment  by  the  Corporation  of  the  Call Option Price, the Corporation shall
accept and retire the certificate(s) representing such shares of Series G Stock.

5.     Redemption.  The  Corporation  shall  not  have  the  right to redeem the
       ----------
Series  G  Stock.

6.     Optional Conversion.  From and after September 3, 2001, each holder shall
       -------------------
have  the  right, but not the obligation, to convert any or all of his shares of
Series  G  Stock  and all accrued but unpaid dividends owing thereon through the
date  of  conversion  into shares of Common Stock.  In such event, the number of
shares  of  Common Stock to be issued on account of each share of Series G Stock
shall  be  determined by dividing (i) the Adjusted Face Value plus the amount of
any  accrued  but  unpaid dividends thereon by (ii) an amount equal to $1.19 per
share  (the "Per Share Conversion Price") minus the amount, if any, by which any
shares  of  Series  H  Stock  shall  have  been  converted  to Common Stock at a
conversion  price  of  less  than  $1.25  per  share  (taking  into  account any
adjustment  to  such  conversion  price  as  a  result  of  stock  splits, stock
dividends,  recapitalization  or  reorganization).

     (a)  Mechanics  of  Conversion.  To  effect  a  conversion  of  shares  of
          -------------------------
Series  G  Stock, the holder shall give written notice to the Corporation of its
intention  to  convert  such  shares.  The  Corporation  shall send the holder a
confirmation  notice  setting  forth  the  date  upon which the conversion is to
occur.  Such  notice  shall  also  state  the  date, place and time at which the

                                        5
<PAGE>
holder  of  the shares of Series G Stock to be converted is to tender the shares
of  Series G Stock being converted in exchange for the shares of Common Stock to
be  delivered  at  such  time by the Corporation.  On the date set forth in such
notice,  provided  that the Corporation tenders the shares of Common Stock to be
issued  upon  the conversion of the Series G Stock, the shares of Series G Stock
to  be  converted  shall no longer be outstanding and shall thereafter represent
only  the  right  to  receive  the  shares  of  Common  Stock  issuable upon the
conversion  thereof.  The shares of Common Stock issuable upon conversion of the
Series  G  Stock  shall  bear  a  restrictive  legend  substantially as follows:

          THE  SHARES  REPRESENTED  BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
          UNDER  THE  SECURITIES ACT OF 1933, AS AMENDED, OR THE SECURITIES LAWS
          OF ANY STATE. SUCH SHARES MAY NOT BE TRANSFERRED EXCEPT PURSUANT TO AN
          EFFECTIVE  REGISTRATION  STATEMENT UNDER SUCH ACT AND APPLICABLE STATE
          SECURITIES  LAWS  OR  PURSUANT  TO  AN  APPLICABLE  EXEMPTION FROM THE
          REGISTRATION  REQUIREMENTS  OF SUCH ACT AND SUCH LAWS AND THE DELIVERY
          TO  THE  CORPORATION  OF  A  WRITTEN  OPINION  OF  COUNSEL  REASONABLY
          ACCEPTABLE  TO THE CORPORATION THAT SUCH REGISTRATION IS NOT REQUIRED.

     (b)  Fractional  Shares,  Dividends.  No  fractional shares shall be issued
           ----------------------------
upon conversion of Series G Stock into Common Stock.  If any fractional share of
Series G Stock would be delivered upon such conversion, the Corporation, in lieu
of  delivering  such  fractional  share, shall pay to the holder of the Series G
Stock being converted an amount in cash equal to the Adjusted Face Value of such
share  fraction.

     (c)  Reorganization  or  Reclassification. If any capital reorganization or
          ------------------------------------
reclassification  of  the  capital stock of the Corporation shall be effected in
such  a  way  that  holders  of Common Stock shall be entitled to receive stock,
securities or assets with respect to or in exchange for Common Stock, then, as a
condition  of  such  reorganization  or  reclassification,  lawful  and adequate
provisions  shall  be  made whereby each holder of a share or shares of Series G
Stock  shall  thereupon  have  the right to receive, upon the basis and upon the
terms  and conditions specified herein and in lieu of the shares of Common Stock
immediately  theretofore  receivable upon the conversion of such share or shares
of  Series  G Stock, such shares of stock, securities or assets as may be issued
or  payable with respect to or in exchange for a number of outstanding shares of
such Common Stock equal to the number of shares of such Common Stock immediately
theretofore  receivable  upon  such  conversion  had  such  reorganization  or
reclassification  not  taken  place, and in any such case appropriate provisions
shall be made with respect to the rights and interests of such holder to the end
that  the provisions hereof shall thereafter be applicable, as nearly as may be,
in  relation to any shares of stock, securities or assets thereafter deliverable
upon  conversion.

                                        6
<PAGE>
(d)     Stock  to  be  Reserved.  The  Corporation will at all times reserve and
        ------------------------
keep  available  out  of  the authorized Common Stock, solely for the purpose of
issue  upon the conversion of the Series G Stock as herein provided, such number
of  shares  of  Common  Stock as shall then be issuable upon the exercise of all
outstanding  Series  G  Stock and the Corporation will maintain at all times all
other  rights  and  privileges  sufficient  to  enable  it  to  fulfill  all its
obligations  hereunder.  The  Corporation  covenants  that  all shares of Common
Stock  which  shall  be  so  issuable  shall, upon issuance, be duly authorized,
validly  issued,  fully  paid  and  nonassessable,  and  free from preemptive or
similar  rights  on  the  part  of the holders of any shares of capital stock or
securities  of  the  Corporation  or  any other person, and free from all taxes,
liens  and charges with respect to the issue thereof.  The Corporation will take
all  such  action as may be necessary to assure that such shares of Common Stock
may  be  so  issued without violation of any applicable law or regulation, or of
any  applicable  requirements of the National Association of Securities Dealers,
Inc.  and of any domestic securities exchange upon which the Common Stock may be
listed.

     (e)  No  Reissuance  of  Series  G  Stock.  Shares  of Series G Stock which
          ----------------------------------
are  converted  into  shares  of  Common  Stock  as provided herein shall not be
reissued.

     (f) Issue Tax. The issuance of certificates for shares of Common Stock upon
         ---------
conversion of Series G Stock shall be made without charge to the holders thereof
for any issuance tax in respect thereof, provided that the Corporation shall not
be  required  to  pay  any  tax  which may be payable in respect of any transfer
involved  in  the  issuance and delivery of any certificate in a name other than
that  of  the  holder  of  the  Series  G  Stock  which  is  being  converted.

     (g)  Closing  of  Books. The Corporation will at no time close its transfer
          ------------------
books  against  the  transfer  of  any Series G Stock or of any shares of Common
Stock  issued or issuable upon the conversion of any shares of Series G Stock in
any  manner  which interferes with the timely conversion of such Series G Stock,
except  as  may otherwise be required to comply with applicable securities laws.

     IN WITNESS WHEREOF, said Corporation has caused this Amended Designation of
Preferences  to  be signed by Larry H. Ramming, its Chief Executive Officer, and
attested  by  Dewitt  H. Edwards, its Secretary, this 27th day of December 2000,
and  by  execution hereof does declare and certify that this is the act and deed
of  the  Corporation  and  the  facts  herein  stated  are  true.

                                   _________________________________________
                                   Larry H. Ramming, Chief Executive Officer

                                   _________________________________________
                                   Dewitt H. Edwards, Secretary

                                        7
<PAGE>

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