Document:

Exhibit 4.1
               CERTIFICATE OF DESIGNATION, PREFERENCES AND RIGHTS
                           OF SERIES A PREFERRED STOCK

                        LUND INTERNATIONAL HOLDINGS, INC.

             Pursuant to Section 151 of the General Corporation Law
                            of the State of Delaware

           The undersigned, William J. McMahon, hereby certifies that:

           A. He is the duly elected and acting Chief Executive Officer of LUND
INTERNATIONAL HOLDINGS, INC., Inc., a Delaware corporation (the "Corporation").

           B. Pursuant to authority given by the Corporation's Certificate of
Incorporation, as amended through the date hereof (the "Certificate of
Incorporation"), the Board of Directors of the Corporation duly adopted the
following resolutions on November 25, 1997, creating a new series of 1,493,398
shares of Preferred Stock designated as "Series A Preferred Stock".

           C. The resolutions contained herein have not been modified, altered
or amended and are presently in full force and effect.

           RESOLVED, that pursuant to the authority expressly vested in the
Board of Directors of the Corporation by Article Fourth of the Certificate of
Incorporation, the Board of Directors hereby fixes and determines the powers,
preferences, rights and limitations of a series of Preferred Stock, which shall
consist of 1,493,398 shares and shall be designated as Series A Preferred Stock
(the "Series A Preferred Stock"), as follows:

4B.        Series A Preferred Stock

           (i) Designation: Stated Value. There shall be a series of Preferred
Stock designated as "Series A Preferred Stock." The number of shares initially
constituting such series shall be 1,493,398. The Series A Preferred Stock shall
have a stated value of $12.67 per share (the "Series A Stated Value").

           (ii) Rank. The Series A Preferred Stock shall, with respect to
dividend and other distribution rights, and rights on liquidation, dissolution
and winding up, rank (i) pari passu with any class of capital stock or series of
Preferred Stock hereafter created which expressly provides that it ranks pari
passu with the Series A Preferred Stock as to dividends, other distributions,
liquidation preference and/or otherwise (collectively, the "Parity Securities"),
and (ii) senior to (x) the Common Stock, the Class B Common Stock and all other
securities of any class or classes (however designated) of the Corporation
(other than the Series A Preferred Stock) the holders of which have the right,
without limitation as to amount, after payment on any securities entitled to a
preference on dividends or other distributions upon any dissolution, liquidation
or winding up, either to all or to a share of the balance of payments upon such
dissolution, liquidation or winding up (collectively, the "Common Stock
Instruments") and (y) any other class of capital stock or series

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of Preferred Stock hereafter created which does not expressly provide that it
ranks pari passu with the Series A Preferred Stock as to dividends, other
distributions, liquidation preference and/or otherwise (collectively, the
"Junior Securities"). The terms "Parity Securities" and "Junior Securities" as
used herein with respect to any class or series of capital stock shall only be
deemed to refer to such class or series to the extent it ranks (i) pari passu
with or (ii) not pari passu with, as applicable, the Series A Preferred Stock
with respect to dividends, other distributions, liquidation preference or
otherwise. The Corporation shall not issue any securities ranking senior to the
Parity Securities with respect to dividends, distributions, liquidation
preference or otherwise.

           (iii)     Dividends.

                     (a) The holders of shares of Series A Preferred Stock shall
           be entitled to receive, when, as and if declared by the Board of
           Directors, to the extent funds are legally available therefor in
           accordance with the Delaware General Corporation Law, a dividend for
           each such share, payable quarterly, as provided below, on the last
           day of each January, April, July and October, commencing on July 31,
           1998 (each such date hereinafter referred to as a "Series A Dividend
           Payment Date"), except that if such date is not a Business Day, then
           such dividend shall be payable on the next succeeding Business Day,
           to the holders of record as they appear on the register of the
           Corporation for the Series A Preferred Stock of the Corporation five
           Business Days prior to such Dividend Payment Date (the "Series A
           Dividend Record Date").

                     Dividends on the Series A Preferred Stock shall accrue and
           be paid at a rate per annum equal to 15.0 percent of the Stated Value
           of each share of Series A Preferred Stock outstanding on the Series A
           Dividend Record Date with respect to a Series A Dividend Payment
           Date.

                     (b) Dividends on the Series A Preferred Stock shall be
           cumulative and shall accrue from April 30, 1998 whether or not such
           dividends have been declared. Unpaid dividends, whether or not
           declared shall compound quarterly at a rate per annum equal to 15.0%
           of the aggregate amount thereof from the Series A Dividend Payment
           Date on which such dividend was payable as herein provided until
           payment of such dividend.

                     (c) For so long as any shares of Series A Preferred Stock
           shall be outstanding, no dividend or distribution, whether in cash,
           stock or other property, shall be paid, declared and set apart for
           payment or made on any date on or in respect to any Junior Securities
           and no payment on account of the redemption, purchase or other
           acquisition or retirement for value by the Corporation shall be made
           on any date of shares of Junior Securities unless, in each case, the
           full amount of unpaid dividends accrued on all outstanding shares of
           Series A Preferred Stock shall have been paid or contemporaneously
           are declared and paid; provided, however, that the foregoing
           provisions of this sentence shall not prohibit (i) a dividend payable
           solely in shares of Common Stock Instruments or any other Junior
           Securities, or (ii) the acquisition of any shares of any Common Stock
           Instruments or any other Junior Securities upon conversion or
           exchange thereof into or for any shares of any other class of Common
           Stock Instruments or other Junior Securities.

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           In the event that the dividend to be paid to any holder of shares of
Series A Preferred Stock shall be a fractional interest in a share of Series A
Preferred Stock then a fractional share of Series A Preferred Stock shall be
issued to such holder of shares of Series A Preferred Stock.

           (iv)      Redemption.

                     (a) Redemption by Corporation. To the extent funds are
           legally available therefor, the Company may, at any time on or after
           December 29, 2004 redeem for the Series A Redemption Price each share
           of Series A Preferred Stock then outstanding. To the extent funds are
           legally available therefor, the Company shall, at the request of a
           majority of the holders of shares of Series A Preferred Stock then
           outstanding given at any time on and after the Put Date, redeem for
           the Series A Redemption Price each share of Series A Preferred Stock
           then outstanding. The date on which shares are redeemed pursuant to
           this Part iv(a) of Section 4B is referred to herein as the "Series A
           Redemption Date." If on the Series A Redemption Date there shall be
           insufficient funds of the Corporation legally available for such
           redemption, such amount of the funds as is legally available shall be
           used for the redemption requirement. Such redemption requirement
           shall be cumulative so that if such requirement shall not be fully
           discharged for any reason, funds legally available therefor shall
           immediately be applied thereto upon receipt by the Corporation until
           such requirement is discharged. The redemption price (the "Series A
           Redemption Price") for each outstanding share of Series A Preferred
           Stock to be redeemed pursuant to this Part (iv)(a) of Section 4B
           shall be the sum (payable in, cash) of (x) the Series A Stated Value
           plus (y) an amount equal to all accrued and unpaid dividends thereon
           to the Series A Redemption Date.

                     (b) Payment of Series A Redemption Price. On the Series A
           Redemption Date, the Corporation shall pay to the holder of each
           share of Series A Preferred Stock being redeemed, upon surrender by
           such holder at the Corporation's principal executive office of the
           certificate representing such share, duly endorsed in blank or
           accompanied by an appropriate form of assignment, the Series A
           Redemption Price.

                     (c) Redeemed or Otherwise Acquired Shares Not to be
           Reissued. All shares of Series A Preferred Stock redeemed pursuant to
           this Part (iv) of Section 4B or otherwise acquired by the Corporation
           shall be retired and shall not thereafter be reissued.

                     (d) Determination of Number of Each Holder's Shares to be
           Redeemed. If, for any reason, less than all of the outstanding shares
           of Series A Preferred Stock are to be redeemed pursuant to Part
           (iv)(a) of this Section 4B, the Corporation shall determine the
           shares held by each holder of Series A Preferred Stock to be redeemed
           as hereinafter provided. The number of shares to be redeemed from
           each holder thereof shall be the number of shares determined by
           multiplying the total number of shares to be redeemed times a
           fraction, the numerator of which shall be the total number of shares
           of Series A Preferred Stock then held by such holder and the
           denominator of which shall be the total number of shares of Series A
           Preferred Stock then outstanding.

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                     (e) Notice of Redemption. Notice of any redemption of
           Series A Preferred Stock pursuant to Part (iv)(a) of this Section 4B,
           specifying the time and place of redemption and the Series A
           Redemption Price, shall be mailed by certified or registered mail,
           return receipt requested, to each holder of record of shares to be
           redeemed, at the address for such holder shown on the Corporation's
           records, not less than 15 days prior to the date on which such
           redemption is to be made; provided, that neither failure to give such
           notice nor any defect therein shall affect the validity of the
           proceeding for the redemption of any shares of Series A Preferred
           Stock to be redeemed. Such notice shall also specify the number of
           shares of each holder thereof and the certificate numbers thereof
           which are to be redeemed. In case less than all the shares
           represented by any certificate are redeemed, a new certificate
           representing the unredeemed shares shall be issued to the holder
           thereof without cost to such holder.

                     (f) Dividends After Redemption Date. Unless the Series A
           Redemption Price in respect of a share of Series A Preferred Stock is
           not made available in full to the holder thereof, from and after the
           Series A Redemption Date, such share of Series A Preferred Stock
           shall not be entitled to any dividends accruing after such date, all
           rights of the holder of such share, as a stockholder of the
           Corporation by reason of the ownership of such share, shall cease,
           except the right to receive the Series A Redemption Price of such
           share upon the presentation and surrender of the certificate
           representing such share, and such share shall not after such date be
           deemed to be outstanding for any purpose.

           (v)       Liquidation Rights

                     (a) Upon the dissolution, liquidation or winding up of the
           Corporation, whether voluntary or involuntary, the holders of
           outstanding shares of Series A Preferred Stock shall be entitled to
           receive for each such share, out of the assets of the Corporation
           available for distribution to stockholders, before any payment or
           distribution to stockholders and before any payment or distribution
           shall be made to the holders of Common Stock or any other Junior
           Securities upon liquidation, an amount in cash equal to the sum of
           (x) the Series A Stated Value, plus (y) all accrued and unpaid
           dividends in respect of such share to the date of final distribution
           (the "Series A Liquidation Value").

                     (b) After the payment to the holders of the Series A
           Preferred Stock of the full preferential amounts provided for in this
           Part (v) of Section 4B, the holders of the Series A Preferred Stock
           as such shall have no right or claim to any of the remaining assets
           of the Corporation.

                     (c) If, upon any such liquidation, dissolution or other
           winding up of the affairs of the Corporation, the assets of the
           Corporation are insufficient to permit the payment in full of the
           Series A Liquidation Preference for each share of Series A Preferred
           Stock then outstanding and the full liquidating payment on all Parity
           Securities, then the assets of the Corporation remaining shall be
           ratably distributed among the holders of Series A Preferred Stock and
           of any Parity Securities in proportion to the full amounts to which
           they would otherwise be respectively entitled if all amounts thereon
           were paid in full.

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                     (d) Neither the voluntary sale, conveyance, exchange or
           transfer (for cash, shares of stock securities or other
           consideration) of all or substantially all the property or assets of
           the Corporation nor the consolidation, merger or other business
           combination of the Corporation with or into one or more corporations
           shall be deemed to be a liquidation, dissolution or winding-up
           voluntary or involuntary of the Corporation.

           (vi)      Conversion.

                     (a) Immediately upon Stockholder Approval, each share of
           Series A Preferred Stock shall automatically convert into one share
           of Class B-1 Common Stock (the "Series A Conversion Ratio") and such
           conversion shall be effective without any further action on the part
           of the Corporation, such holder of Series A Preferred Stock or any
           other person or entity; provided, however, that in the event that
           Stockholder Approval occurs after April 30, 1998, in addition to the
           shares of Class B-1 Common Stock to be received by the holders of the
           Series A Preferred Stock, each holder of Series A Preferred Stock
           shall receive a cash payment of all accrued and unpaid dividends on
           the shares of Series A Preferred Stock then held by it.

                     (b) Each conversion of shares of Series A Preferred Stock
           into shares of Class B-1 Common Stock will be effected by the
           surrender of the certificate or certificates representing the shares
           to be converted at the principal office of the Corporation (or such
           other office or agency of the Corporation as the Corporation may
           designate is writing to the holders of the Series A Preferred Stock)
           at any time during normal business hours. Each conversion will be
           deemed to have been effected as of the close of business on the date
           on which such certificate or certificates were surrendered. At such
           time, the rights of the holder of the converted Series A Preferred
           Stock (in its capacity as such) will cease and the person or persons
           or entity or entities in whose name or names the certificate or
           certificates for shares of Class B-1 Common Stock are to be issued
           upon such conversion will be deemed to have become the holder or
           holders of record of the shares of Class B-1 Common Stock represented
           thereby.

                     (c) Following each surrender of certificates pursuant to
           paragraph (b) above, the Corporation will issue and deliver, in
           accordance with the surrendering holder's instructions, (x) the
           certificate or certificates for the Class B-1 Common Stock issuable
           upon such conversion, and (y) any cash payment required to be made
           pursuant to Part (vi)(a) of Section 4B.

                     (d) The issuance of certificates representing shares of
           Class B-1 Common Stock upon conversion of any shares of Series A
           Preferred Stock will be made without charge to the holders of such
           converted or newly issued shares for any issuance tax in respect
           thereof or other cost incurred by the Corporation in connection with
           such conversion and the related issuance of shares of Class B-1
           Common Stock.

                     (e) The Corporation will at all times reserve and keep
           available out of its authorized but unissued shares of Class B-1
           Common Stock the number of such shares sufficient for issuance upon
           conversions of the Series A Preferred Stock hereunder.

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                     (f) The Corporation will not close its books against the
           transfer of Class B-1 Common Stock in any manner which would
           interfere with the timely conversion of Series A Preferred Stock.

                     (g) If the Corporation at any time or from time to time
           after the Issue Date effects a subdivision of the outstanding Class
           B-1 Common Stock or combines the outstanding shares of the Class B-1
           Common Stock, then, in each such case, the Series A Conversion Ratio
           in effect immediately prior to such event shall be adjusted so that
           each holder of shares of Series A Preferred Stock shall have the
           right to convert its shares of Series A Preferred Stock into the
           number of shares of the Class B-1 Common Stock which it would have
           owned after the event had such shares of Series A Preferred Stock
           been converted immediately before the happening of such event. Any
           adjustment under this Part (vi)(g) of Section 4B shall become
           effective as of the date and time the subdivision or combination
           becomes effective.

                     (b) In connection with any merger, consolidation,
           recapitalization, reorganization or similar transactions in which
           holders of Class B-1 Common Stock generally receive, or are given the
           opportunity to receive, consideration for their shares, then, in all
           such circumstances, unless otherwise approved by a majority of the
           holders of the then outstanding shares of Series A Preferred Stock
           voting as a separate class, all holders of Series A Preferred Stock
           shall be given the opportunity to receive (x) the same consideration
           per share for their shares (calculated as if such shares of Series A
           Preferred Stock had been converted into shares of Class B-1 Common
           Stock at the Series A Conversion Rate then in effect) as is received
           by the holders of Class B-1 Common Stock, including, but not limited
           to, form, amount and timing of payment, plus (y) if such event occurs
           after April 30, 1998, all accrued and unpaid dividends with respect
           to such shares of Series A Preferred Stock.

           (vii) Voting Rights. Except as expressly provided herein or as
required under the Delaware General Corporation Law, on all matters to be voted
on by the Corporation's stockholders, holders of shares of Series A Preferred
Stock will be entitled to no voting rights.

           As used in Part 4B, the following capitalized terms shall have the
following meanings:

                     "Affiliate" or "Associate" means an affiliate or associate
                     of a person or entity, as such terms are defined in Section
                     203 of the Delaware General Corporation Law.

                     "Equity Equivalents" means (a) the Class B-1 Common Stock
                     and (b) any other securities which, by their terms, are or
                     may be exercisable, convertible or exchangeable for or into
                     Common Stock at the election of the holder thereof.

                     "Fully-Diluted Basis" means, with respect to the
                     calculation of the number of shares of Common Stock, (i)
                     all shares of Common Stock outstanding at the time of
                     determination and (ii) all shares of Common Stock issuable
                     upon the exercise,

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                     conversion or exchange of any Equity Equivalents
                     outstanding at the time of determination.

                     "Issue Date" means, as to any share of Series A Preferred
                     Stock, the date of original issuance thereof by the
                     Corporation.

                     "Put Date" means the earlier of (a) December 29, 2004, (b)
                     the first date as of which any person or entity or group
                     (as such term is defined in Rule 13d-3 under the Securities
                     Exchange Act of 1934, as amended) other than LIH Holdings,
                     LLC, LIH Holdings II, LLC, or any of their respective
                     Affiliates or Associates owns, beneficially and of record,
                     securities representing at least 50% of the Common Stock on
                     a Fully-Diluted Basis, excluding any securities acquired by
                     such person, entity, or group from LIH Holdings, LLC, LIH
                     Holdings II, LLC, or any of their respective Affiliates or
                     Associates, and (c) the first date as of which (and
                     immediately prior to) the occurrence of any of the events
                     described in Part (vi)(h) of Section 4B

                     "Stockholder Approval" means the approval of at least a
                     majority of the holders of the then outstanding shares of
                     Common Stock present at a meeting called to approve the
                     terms of the Class B-1 Common Stock and the conversion of
                     the Series A Preferred Stock into shares of Class B-1
                     Common Stock as provided herein.

           RESOLVED, that the Board of Directors hereby authorizes and directs
the officers of the Corporation, in the name of and on behalf of the
Corporation, and to the extent required under its corporate seal, to execute and
deliver any and all other instruments, certificates and other documents, and to
do any and all other acts and things, including the expenditure of corporate
funds, that said officers shall deem necessary or appropriate in order to fully
carry out the intent and accomplish the purposes of the resolutions adopted
hereby.

           IN WITNESS WHEREOF, the Corporation has caused its corporate seal to
be hereunto affixed and this Certificate to be signed by William J. McMahon, its
Chief Executive Officer, and attested by Kathy R. Smith, its Secretary, this
22nd day of December, 1997.

                                         LUND INTERNATIONAL HOLDINGS, INC.

                                         By: /s/ W. J. McMahon
                                             -----------------------------------
                                         Name:     William J. McMahon
                                         Title:    Chief Executive Officer

Attest:

/s/ Kathy R. Smith
-------------------------------
Name:      Kathy R Smith
Title:     Secretary

                                       7Exhibit 4.2
               CERTIFICATE OF DESIGNATION, PREFERENCES AND RIGHTS
                            OF CLASS B-1 COMMON STOCK

                       LUND INTERNATIONAL, HOLDINGS, INC.

             Pursuant to Section 151 of the General Corporation Law
                            of the State of Delaware

The undersigned, William J. McMahon, hereby certifies that:

           A. He is the duly elected and acting Chief Executive Officer of LUND
INTERNATIONAL HOLDINGS, INC., Inc, a Delaware corporation (the "Corporation").

           B. Pursuant to authority given by the Corporation's Certificate of
Incorporation, as amended through the date hereof (the "Certificate of
Incorporation"), the Board of Directors of the Corporation duly adopted the
following resolutions on November 25, 1997, creating a new series of 1,493,398
shares of Class B Common Stock designated as "Class B-1 Common Stock".

           C. The resolutions contained herein have not been modified, altered
or amended and are presently in full force and effect.

           RESOLVED, that pursuant to the authority expressly vested in the
Board of Directors of the Corporation by Article Fourth of the Certificate of
Incorporation, the Board of Directors hereby fixes and determines the powers,
preferences, rights and limitations of a series of the Class B Common Stock,
which shall consist of 1,493,398 shares and shall be designated as Class B-1
Common Stock (the "Class B-1 Common Stock"), as follows:

4C.        Class B-1 Common Stock.

                     (i) Designation. There shall be a series of Class B Common
           Stock designated as the Class B-1 Common Stock (the "Class B-1 Common
           Stock"). The number of shares initially constituting the Class B-I
           Common Stock shall be 1,493,398.

                     (ii)      Voting Rights

                               (a) Except as expressly provided herein or as
                     required under the Delaware General Corporation Law, on all
                     matters to be voted on by the Corporation's stockholders,
                     holders of shares of Class B-1 Common Stock will be
                     entitled to no voting rights.

                               (b) Except as expressly provided herein or as
                     expressly required under the Delaware General Corporation
                     Law, on any matter on which holders of Class B-1 Common
                     Stock shall be entitled to vote, they shall be entitled to
                     one vote per share and shall. vote together as a single
                     class with the holders of the Common Stock.

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                     (iii) Dividends. In the event that the Corporation shall at
           any time or from time to time declare, order, pay or make a dividend
           or other distribution (whether in cash, securities or other property)
           on its Common. Stock, the holders of shares of the Class B- i Common
           Stock shall be entitled to receive from the Corporation, with respect
           to each share of Class B-1 Common Stock held, a dividend or
           distribution that is the same dividend or distribution that would be
           received by a holder of the number of shares of Common Stock into
           which such share of Class B-1 Common Stock is convertible pursuant to
           the provisions of Section 4C(vi) hereof on the record date for such
           dividend or distribution, provided that (a) if a dividend or
           distribution is declared in shares of Common Stock, such dividend
           will be declared and paid on the Class B-1 Common Stock in shares of
           Class B-1 Common Stock at the same rate per share as the Common
           Stock, and (b) if a dividend or distribution consists of voting
           securities of the Corporation other than the Common Stock, the
           Corporation will make available to each holder of Class B-1 Common
           Stock, a dividend or distribution consisting of non-voting securities
           of the Corporation which are otherwise identical to such voting
           securities and which are convertible into or exchangeable for such
           voting securities on the same terms as the Class B-1 Common Stock is
           convertible into the Common Stock. Any such dividend or distribution
           shall be declared, ordered, paid or made on the Class B-1 Common
           Stock at the same time such dividend or distribution is declared,
           ordered, paid or made on the Common Stock.

                     (iv) Stock Splits Combinations. If the Corporation, in any
           manner, subdivides or combines the outstanding shares of Common
           Stock, the outstanding shares of Class B-1 Common Stock will be
           proportionately subdivided or combined.

                     (v) Liquidation, etc. The holders of the Class B-1 Common
           Stock will be entitled to share ratably with the holders of Common
           Stock, based upon the aggregate number of outstanding shares of
           Common Stock and Class B-1 Common Stock and upon the number of shares
           of Class B-1 Common Stock then held by each holder of Class B-1
           Common Stock, in all distributions to the holders of the Common Stock
           in any liquidation, dissolution or winding up of the Corporation.

                     (vi) Conversion of Class B-1 Common Stock. On the
           Conversion Date, each share of Class B-1 Common Stock shall
           automatically convert into one share of Common Stock, and such
           conversion shall be effective without any further action on the part
           of the Corporation, such holder of Class B-1 Common Stock or any
           other person or entity. In addition, each holder of Class B-1 Common
           Stock is entitled to convert all or any of such holder's shares into
           an equivalent number of shares of Common Stock (x) with the
           affirmative vote of a majority of the Independent Directors, (y) upon
           any transfer of such holder's shares of Class B-1 Common Stock, other
           than any such transfer (A) by LIH Holdings, LLC, LIH Holding II, LLC
           or any of their respective Affiliates or Associates to any person or
           entity if, immediately after giving effect to such transfer and
           conversion, the transferee and its Affiliates and Associates would
           hold more than 49% of the outstanding Common Stock, or (B) to LIH
           Holdings, LLC, LIH Holdings II, LLC or any of their respective
           Affiliates or Associates, or (z) at any time on or after the first
           date as of which LIH Holdings, LLC, LIH Holdings II, LLC and their
           respective Affiliates and Associates own (beneficially and of
           record), in the aggregate, more than 50% of the outstanding shares

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<PAGE>

           of Common Stock in a transaction that is permitted by, or is effected
           in accordance with the terms of, the Amended and Restated Governance
           Agreement.

                     As used in this Section 4C(vi), the following capitalized
           terms shall have the following meanings:

                     "Affiliate" or "Associate" means an affiliate or associate
                     of a person or entity, as such terms are defined in Section
                     203 of the Delaware General Corporation Law.

                     "Amended and Restated Governance Agreement" means the
                     Amended and Restated Governance Agreement, dated November
                     25, 1997, among LIH Holdings, LLC, LIH Holdings II, LLC,
                     Harvest Partners III, L.P. and the Corporation, as amended,
                     supplemented or otherwise modified from time to time in
                     accordance with its terms.

                     "Conversion Date" means the earlier of (a) September 9,
                     2000 and (b) the first date as of which any person or
                     entity or group (as such term is defined in Rule 13d-3
                     under the Securities Exchange Act of 1934, as amended)
                     other than LIH Holdings, LLC, LIH Holdings II, LLC, or any
                     of their respective Affiliates or Associates owns,
                     beneficially and of record, securities representing at
                     least 50% of the Common Stock on a Fully-Diluted Basis,
                     excluding any securities acquired by such person, entity,
                     or group from LIH Holdings, LLC, LIH Holdings II, LLC, or
                     any of their respective Affiliates or Associates.

                     "Equity Equivalents" means (a) the Class B-1 Common Stock
                     and (b) any other securities which, by their terms, are or
                     may be exercisable, convertible or exchangeable for or into
                     Common Stock at the election of the holder thereof.

                     "Fully-Diluted Basis" means, with respect to the
                     calculation of the number of shares of Common Stock, (i)
                     all shares of Common Stock outstanding at the time of
                     determination and (ii) all shares of Common Stock issuable
                     upon the exercise, conversion or exchange of any Equity
                     Equivalents outstanding at the time of determination.

                     "Independent Director" means any person who is a director
                     of the Corporation who is independent of and otherwise
                     unaffiliated with LIH Holdings, LLC, LIH Holdings II, LLC,
                     the Corporation or any of their respective Affiliates or
                     Associates (other than as a director, or holder of
                     beneficial ownership of less than 5% of the voting
                     securities of the Corporation), and shall not be an officer
                     or an employee, agent, consultant or advisor (financial,
                     legal or other) of LIH Holdings, LLC, LIH Holdings II, LLC,
                     or their respective Affiliates or Associates, or any person
                     who shall have served in any such capacity within the
                     three-year period immediately preceding the date such
                     determination is made.

                     (vii)     Conversion Procedure.

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                               (a) Each conversion of shares of Class B-1 Common
                     Stock into shares of Common Stock will be effected by the
                     surrender of the certificate or certificates representing
                     the shares to be converted at the principal office of the
                     Corporation (or such other office or agency of the
                     Corporation as the Corporation may designate in writing to
                     the holders of the Common Stock and the Class B-1 Common
                     Stock) at any time during normal business hour. Each
                     conversion will be deemed to have been effected as of the
                     close of business on the date on which such certificate or
                     certificates were surrendered. At such time, the rights of
                     the holder of the converted Class B-1 Common Stock (in its
                     capacity as such) will cease and the person or persons or
                     entity or entities in whose name or names the certificate
                     or certificates for shares of Common Stock are to be issued
                     upon such conversion will be deemed to have become the
                     holder or holders of record of the shares of Common Stock
                     represented thereby.

                               (b) Following each surrender of certificates
                     pursuant to paragraph (a) above, the Corporation will issue
                     and deliver, in accordance with the surrendering holder's
                     instructions, (x) the certificate or certificates for the
                     Common Stock issuable upon such conversion and (y) a
                     certificate representing any shares of Class B-1 Common
                     Stock which were represented by the certificate or
                     certificates delivered to the Corporation in connection
                     with such conversion but which were not converted.

                               (c) The issuance of certificates representing
                     shares of Common Stock upon conversion of any shares of
                     Class B-1 Common Stock will be made without charge to the
                     holders of such converted or newly issued shares for any
                     issuance tax in respect thereof or other cost incurred by
                     the Corporation in connection with such conversion and the
                     related issuance of shares of Common Stock.

                               (d) The Corporation will at all times reserve and
                     keep available out of its authorized but unissued shares of
                     Common Stock the number of such shares sufficient for
                     issuance upon conversions of the Class B-1 Common Stock
                     hereunder.

                               (e) The Corporation will not close its books
                     against the transfer of Common Stock in any manner which
                     would interfere with the timely conversion of Class B-1
                     Common Stock.

                     (viii) Merger; Etc. In connection with any merger,
                     consolidation, recapitalization reorganization or similar
                     transaction in which holders of Common Stock generally
                     receive, or are given the opportunity to receive,
                     consideration for their shares, then, in all such
                     circumstances, unless otherwise approved by the holders of
                     a majority of the then outstanding shares of Class B-1
                     Common Stock voting as a separate class, all holders of
                     Class B-1 Common Stock shall he given the opportunity to
                     receive the same consideration per share for their shares
                     as is received by holders of Common Stock, including, but
                     not limited to, form, amount and timing of payment.

                                       4
<PAGE>

           RESOLVED, that the Board of Directors hereby authorizes and directs
the officers of the Corporation, in the name and on behalf of the Corporation,
and to the extent required under its corporate seal, to execute and deliver any
and all other instruments, certificates and other documents, and to do any and
all other acts and things, including the expenditure of corporate funds, that
said officers shall deem necessary or appropriate in order to fully carry out
the intent and accomplish the purposes of the resolutions adopted hereby.

           IN WITNESS WHEREOF, the Corporation has caused its corporate seal to
be hereunto affixed and this Certificate to be signed by William J. McMahon, its
Chief Executive Officer, and attested by Kathy R Smith, its Secretary, this 22nd
day of December, 1997.

                                      LUND INTERNATIONAL HOLDINGS, INC.

                                      By: /s/ W. J. McMahon
                                         ---------------------------------------
                                         Name: William J. McMahon
                                         Title: Chief Executive Officer

Attest:

/s/ Kathy R. Smith
-------------------------------
Name:      Kathy R Smith
Title:     Secretary

                                       5

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