Document:

Exhibit 4.11 Amendment to Series A Cert Designation Voting

2
EXHIBIT 4.11

ROSS MILLER
Secretary of State
204 North Carson Street, Ste 1
Carson City, Nevada 89701-4299
(775) 684-5708
Website: secretaryofstate.biz

	
				
	 
	 
	Filed in the office of

Ross Miller
Secretary of State
State of Nevada
	Document Number
20120650600-02

	Amendment to
Certificate of Designation
After Issuance of Class or Series
(PURSUANT TO NRS 78.1955)
	 
	Filing Date and Time
09/24/2012 8:55 PM

	Entity Number
C31949-1999

USE BLACK INK ONLY - DO NOT HIGHLIGHT                ABOVE SPACE IS FOR OFFICE USE ONLY

Certificate of Amendment to Certificate of Designation
For Nevada Profit Corporations
(Pursuant to NRS 78.1955)

1.  Name of corporation:

MedPro Safety Products, Inc.

2.    Stockholder approval of amendment has been obtained.

3.    The class or series of stock being amended.

Series A Convertible Preferred Stock

4.  By resolution of the board of directors pursuant to a provision in the articles of incorporation, this certificate establishes the following regarding the voting powers, designations, preferences, limitations, restrictions and relative rights of the following class or series of stock.

Section 3(b) of the Certificate of Designation is hereby deleted in its entirety and the following shall be substituted in lieu thereof:

“(b)    General Voting Rights.    (See attached for full text of amendment)

5.  Effective date of filing (optional):            (must not be later than 90 days after the certificate is filed)

6.  Officer Signature (Required):    x    /s/ W. Craig Turner                

Filing Fee: $175.00

IMPORTANT: Failure to include any of the above information and submit the proper fees may cause this filing to be rejected.

AMENDMENT
TO THE
CERTIFICATE OF DESIGNATION OF THE RELATIVE RIGHTS AND PREFERENCES OF THE SERIES A CONVERTIBLE PREFERRED STOCK
OF
MEDPRO SAFETY PRODUCTS, INC.

The undersigned, being the Chief Executive Officer of MedPro Safety Products, Inc., a Nevada corporation (the “Company”), in accordance with the provisions of the Nevada Revised Statutes, does hereby certify that, pursuant to the authority conferred upon the Board of Directors by the Articles of Incorporation of the Company, the following resolutions modifying the Certificate of Designation of the Relative Rights and Preferences of the Series A Convertible Preferred Stock (the “Certificate of Designation”) were duly adopted on August 31, 2012:

WHEREAS, the Board of Directors of the Company, pursuant to the authority expressly vested in it, previously adopted resolutions creating the Series A Convertible Preferred Stock (“Series A Preferred Stock”), which resolutions were incorporated into the Certificate of Designation filed with the Secretary of State of the State of Nevada on or about December 13, 2007; and

WHEREAS, the Board of Directors of the Company wishes to adopt the following resolution to amend the Certificate of Designation to modify the voting rights of the Series A Preferred Stock;

THEREFORE, BE IT RESOLVED, that Section 3(b) of the Certificate of Designation is hereby deleted in its entirety and the following shall be substituted in lieu thereof:

“(b)    General Voting Rights.  Except with respect to transactions upon which the Series A Preferred Stock shall be entitled to vote separately as a class pursuant to Section 3(a) above and except as otherwise required by Nevada law, the Series A Preferred Stock shall be entitled to vote with the Common Stock on all matters submitted for the vote of the Corporation's stockholders.  With respect to such general voting rights, each share of Series A Preferred Stock shall be entitled to cast that number of votes as is equal to the number of shares of Common Stock into which one share of Series A Preferred Stock would be convertible on the record date for determining the shareholders entitled to receive notice of, and to vote on, any matter submitted for action by the Corporation's stockholders.  The Common Stock into which the Series A Preferred Stock is convertible shall, upon issuance, have all of the same voting rights as other issued and outstanding Common Stock of the Company, and none of the rights of the Preferred Stock.” 

IN WITNESS WHEREOF, MedPro Safety Products, Inc. has caused this Amendment to be signed by its Chairman of the Board and Chief Executive Officer on this 21st day of September, 2012.
 

MEDPRO SAFETY PRODUCTS, INC.

By:  /s/ W. Craig Turner

Name: W. Craig Turner

Title:  Chairman of the Board and Chief Executive OfficerMoody National REIT I, Inc. 10-Q

Moody National Advisor I, LLC

6363 Woodway Drive, Suite 110

Houston, Texas 77057

 

September 28, 2012

 

	
        Moody National Advisor I, LLC

        6363 Woodway Drive, Suite 110

        Houston, Texas 77057
	 

 

Ladies and Gentlemen:

Moody National Advisor I, LLC (the “Advisor”),
Moody National Operating Partnership I, L.P. (the “Operating Partnership”), Moody Realty Company, L.P. and Moody
National REIT I, Inc. (the “REIT”) are parties to that certain Amended and Restated Advisory Agreement, dated
as of August 14, 2009 (as subsequently amended, the “Advisory Agreement”).  Capitalized terms used
herein that are not otherwise defined have the respective meanings given to them in the Advisory Agreement.

		1.	Waiver of Asset Management Fee.

 Pursuant to Section 9(e) of the Advisory Agreement,
the Advisor is entitled to receive an “Asset Management Fee” in an amount equal to one-twelfth of 1.0% of the aggregate
cost (before non-cash reserves and depreciation) of all investments the REIT owns, including acquisition fees, origination fees,
acquisition origination expenses and any debt attributable to such investments. The Advisor may elect to waive the payment of the
Asset Management Fee in any month pursuant to a waiver executed by each of the parties to the Advisory Agreement.  Pursuant
to Section 27 of the Advisory Agreement, the Advisor hereby irrevocably waives the Asset Management Fee due to the Advisor from
the REIT for the months of July 2012, August 2012 and September 2012.

2.  Waiver of Reimbursable
Expenses.

 Pursuant to Section 10(a) of the Advisory Agreement,
the Advisor is entitled to reimbursement by the REIT for all of the Total Operating Expenses paid or incurred by the Advisor in
connection with the services it provides to the REIT and the Operating Partnership pursuant to the Advisory Agreement; provided,
however, the REIT shall not reimburse the Advisor at the end of any fiscal quarter in which Total Operating Expenses for the four
consecutive fiscal quarters then ended exceed the greater of 2% of Average Invested Assets or 25% of Net Income for such year.  Pursuant
to Section 27 of the Advisory Agreement, the Advisor hereby irrevocably waives all expenses reimbursable to the Advisor pursuant
to the Advisory Agreement for the fiscal quarter ended September 30, 2012 (“Waiver Period”) to the extent such
expenses have not been reimbursed to the Advisor as of the date hereof.   The Advisor further acknowledges that
all expenses incurred directly by the REIT and incurred by the Advisor on the REIT’s behalf during the Waiver Period shall
be paid by the Advisor on behalf of the REIT.

     

     

    
 

September 28, 2012

Page 2

3.Continuing Obligation to Reimburse Organization
and Offering Expenses.

For the avoidance of doubt, nothing herein
shall constitute a waiver of the obligation of the REIT to reimburse the Advisor and its Affiliates for Organization and Offering
Expenses.

4.Ratification; Effect on Advisory Agreement.

(a)Ratification. The Advisory Agreement,
as amended by this letter agreement, shall remain in full force and effect and is hereby ratified and confirmed in all respects.

 

(b)Effect on the Advisory Agreement.
On and after the date hereof, each reference in the Advisory Agreement to “this Agreement,” “herein,” “hereof,”
“hereunder,” or words of similar import shall mean and be a reference to the Advisory Agreement as amended hereby.

 

5. Miscellaneous.

 

(a)Governing Law. This letter agreement
and the legal relations between the parties hereto shall be construed and interpreted in accordance with the internal laws of the
State of Maryland.

 

(b)Modification. This letter agreement
shall not be changed, modified, or amended, in whole or in part, except by an instrument in writing signed by the parties hereto,
or their respective successors or assignees.

 

(c)Headings. The titles and headings
of the sections and subsections contained in this letter agreement are for convenience only, and they neither form a part of this
letter agreement nor are they to be used in the construction or interpretation hereof.

 

(d)Severability. The provisions of
this letter agreement are independent of and severable from each other, and no provision shall be affected or rendered invalid
or unenforceable by virtue of the fact that for any reason any other or others of them may be invalid or unenforceable in whole
or in part.

 

(e)Counterparts. This letter agreement may be executed in multiple counterparts, each of which
shall be deemed to be an original as against any party whose signature appears thereon, and all of which shall together constitute
one and the same instrument.  This letter agreement shall become binding when one or more counterparts hereof, individually
or taken together, shall bear the signatures of all of the parties reflected hereon as the signatories.  This letter agreement,
to the extent signed and delivered by means of electronic mail or a facsimile machine, shall be treated in all manner and respects
as an original agreement or instrument and shall be considered to

     

     

    
 

September 28, 2012

Page 3

have the same binding legal effect as if it
were an original signed version thereof delivered in person.  No party hereto shall raise the use of electronic mail or a
facsimile machine to deliver a signature or the fact that any signature was transmitted or communicated through the use of electronic
mail or a facsimile machine as a defense to the formation or enforceability of a contract and each party hereto forever waives
any such defense.

 

 

	 	 	Very truly yours,
	 	 	 
	 	 	Moody National Advisor I, LLC
	 	 	 
	 	 	By:	/s/
    Brett C. Moody
	 	 	Name:	Brett C. Moody 
	 	 	Title:	President and Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00210-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00210-of-00352.parquet"}]]