Document:

<PAGE>
                                                                   Exhibit 10.52

                               AMENDMENT NO. 4 TO
                                    AGREEMENT

         This Amendment No. 4 ("AMENDMENT NO. 4") is entered effective March 5,
2003 (the "AMENDMENT EFFECTIVE DATE") pursuant to and amending that certain
Agreement between Gen-Probe Incorporated, a Delaware corporation ("GEN-PROBE")
and Chiron Corporation, a Delaware corporation ("CHIRON"). Capitalized terms
used but not defined herein shall have the meanings set forth in the Agreement.

                                    Recitals

         A. The parties entered into the Agreement as of June 11, 1998 pursuant
to which, among other things, the parties described their respective rights and
obligations with respect to the development, manufacture, marketing and
distribution of Products in the Blood Screening and Clinical Diagnostic Fields.
The Agreement was amended by the following: (i) June 11, 1998 Collaboration
Agreement, (ii) June 11, 1998 Supplemental letter agreement, (iii) June 26, 1998
Addendum to Collaboration Agreement, (iv) June 30, 1998 Supplemental letter
agreement, (v) June 30, 1998 Consent, (vi) December 1, 1998 letter agreement re
American Red Cross revenues, (vii) December 7, 1999 Amendment, (viii) February
1, 2000 Second Amendment, (ix) June 7, 2001 Supplemental Agreement No. 1
(Customer training and Support), (x) October 30, 2001 Confidentiality and Joint
Interest Agreement, (xi) April 4, 2001 Agreement re Arbitration and (xii) April
1, 2002 Amendment No. 3 (warehousing and shipping). In addition, the parties
submitted a number of disputes under the Agreement to arbitration pursuant to
Section 13 of the Agreement, and in resolution of those disputes, executed a
Definitive Written Settlement Agreement, dated December 5, 2001, and a Short
Form Agreement, dated November 16, 2001.

         B. The parties have previously revised Article 14 of the Agreement,
memorialized in that certain December 7, 1999 Amendment. The parties have
discussed a further revision to and clarification of their respective rights and
obligations with respect to Article 14, and have agreed to make certain
additional changes to the Agreement in connection therewith, in accordance with
the provisions of this Amendment No. 4.

                                    Agreement

         NOW, THEREFORE, for and in consideration of the mutual covenants and
agreements set forth in this Amendment No. 4, the parties agree as follows:

         1. ULTRIO ON TIGRIS. Article 14 of the Agreement shall be and is hereby
amended to read as follows:

         "In consideration for the rights originally granted to Chiron by this
Agreement with respect to TMA and HPA, Chiron shall pay to Gen-Probe, or shall
cause Bayer Corporation to pay to Gen-Probe, the following nonrefundable amounts
upon the occurrence of each event set forth below:

         (1)      ten million dollars ($10,000,000) upon the Effective Date; and

                                       1
<PAGE>

         (2)      eight and one-half million dollars ($8,500,000) upon the first
         to occur of the following:

                  (a)(i) Gen Probe certifies to Chiron that Gen-Probe has
                  completed manufacture of a Lot of the Initial Blood Screening
                  Assay for the qualitative detection of both HCV and HIV-1 at
                  Gen-Probe's Willow Court facility, which Lot is manufactured
                  in accordance with FDA Good Manufacturing Processes and
                  includes not less than 400,000 tests labeled for IVD
                  distribution outside the United States; and (ii) Gen-Probe has
                  released such tests for foreign sale; and (iii) Gen-Probe
                  delivers to Chiron a copy of the Certificate of Analysis with
                  respect to such Lot, in form reasonably satisfactory to
                  Chiron, signed by Gen-Probe's quality assurance organization;
                  or

                  (b) Gen-Probe certifies to Chiron that it has successfully
                  completed validation of the Enhanced Semi-Automated System
                  ("ESAS") for use with the Initial Blood Screening Assay,
                  including both instrument hardware and software, and delivers
                  or makes available to Chiron a copy of the Validation Report
                  with respect to both the instrument and the software, signed
                  by Gen-Probe's quality assurance organization.

         (3)      six and one-half million dollars ($6,500,000) upon the date on
         which the following has occurred: (a) thirty (30) days has passed since
         submission to the FDA of an Investigational New Drug application for a
         Future Blood Screening Assay for qualitative detection of HCV, HIV-1,
         and hepatitis B virus ("HBV"), specifying the use of such assay on the
         Tigris Instrument in the Blood Screening Field; provided that no
         clinical hold notice has been issued by the FDA as to such application,
         and no agreement has been reached with the FDA to delay the clinical
         trial, within such thirty-day period; and (b) Gen-Probe has installed a
         Tigris Instrument pursuant to the IND referred to above, at the
         clinical site and completed technologist training and proficiency
         testing with a panel of specimens and control materials with respect to
         the instrument and the Future Blood Screening Assay for the qualitative
         detection of HCV, HIV-1, and HBV.

         (4)      ten million dollars ($10,000,000) upon receipt of the required
         marketing approval from the FDA to market the Future Blood Screening
         Assay for the qualitative detection of HCV, HIV-1 and HBV in the United
         States for use in Blood Screening Field on the Tigris Instrument.

         2.       NO OTHER AMENDMENT. Except as is expressly set forth in this
Amendment No. 4, all other terms and conditions of the Agreement shall continue
in full force and effect.

         3.       COUNTERPARTS. This Amendment No. 4 may be executed in
counterparts, each of which shall be an original, and all of which together
shall constitute one and the same instrument.

                                       2
<PAGE>

         IN WITNESS WHEREOF, the parties have caused this Amendment No. 4 to be
executed and the persons signing below warrant that they are duly authorized to
sign for and on behalf of the respective parties.

GEN-PROBE:                                 CHIRON:

GEN-PROBE INCORPORATED,                    CHIRON CORPORATION,
a Delaware corporation                     a Delaware corporation

By: /s/ Henry L. Nordhoff                  By: /s/ Jack Goldstein
    ---------------------                      ------------------
Its:  President & Chief Executive           Its: President, Chiron Blood
      Officer                                    Testing
Date: March 5, 2003                        Date: March 18, 2003

                                       3exv4w8

 

Exhibit 4.8

	 	P.O. Box 49330 Bentall Station

Suite 1600 – 1055 Dunsmuir Street

Vancouver, British Columbia, Canada, V7X 1P1

May 9, 2003

British Columbia Securities Commission

701 West Georgia Street

Vancouver, BC

V7Y 1L2

Dear Sirs:

In connection with the preliminary prospectus for Placer Dome Inc. (the
“Corporation”) dated May 9, 2003 relating to an offering of $200,000,000
exchange debentures (the “Securities”) of the Corporation, the following sets
out particulars of the calculation of the Earnings Coverage disclosed in the
preliminary prospectus.

Earnings Coverage

The earnings coverage is based on the consolidated net income for the twelve
months ended March 31, 2003 and December 31, 2002, and the consolidated
long-term debt as at those dates:

	 	 	 	 	 	 	 	 	 	 	 	 
	(in millions of $US)	 	March 31, 2003	 	December 31, 2002
	
	 	
	 	

	Consolidated net income
	 	 	143	 	 	 	116	 
	ADD:
	 	Interest on long-term debt	 	 	 	56	 	 	 	58	 
	 
	 	Income and resource taxes	 	 	 	32	 	 	 	34	 
	 
	 	 	 	 	 	
	 	 	 	
	 
	Income before interest on long-term debt and
income and resource taxes
	 	 	 	231	 	 	 	208	 
	Earnings available for interest on long-term debt
	(A)	 	 	231	 	 	 	208	 
	Annual interest requirements on long-term debt
	(B)	 	 	64	 	 	 	62	 
	(A) divided by (B)
	 	 	 	3.6	 	 	 	3.4	 

 

 

 

 

 

 

	 	TEL (604) 682-7082   FAX (604) 661-3726

DIRECT (604) 661-1574

EMAIL tony_giardini@placerdome.com

WEB www.placerdome.com

 

A member of the Placer Dome Group

 

 

CONTINUED Page 2

The annual interest requirements on the long-term debt of the Corporation after
giving effect to the issue of the original debentures and the use of the
proceeds to retire other long-term debt, using applicable interest rates, for
twelve months ended March 31, 2003 and December 31, 2002 were US$64 million and
US$62 million, respectively. The Corporation’s earnings after adjustments for
minority interests in the net earnings of subsidiaries but before deduction of
interest on long-term debt and income and resource taxes for the twelve months
ended March 31, 2003 and December 31, 2002, amounted to US$231 million and
US$208 million, respectively. These amounts are 3.6 times and 3.4 times annual
interest requirements for the twelve months ended March 31, 2003 and December
31, 2002, respectively.

Yours truly,

PLACER DOME INC.

/s/ Tony S. Giardini

Tony S. Giardini

Treasurerexv4w9

 

Exhibit 4.9

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF

1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A

TRUSTEE PURSUANT TO SECTION 305(b)(2)

DEUTSCHE BANK TRUST COMPANY AMERICAS

(formerly BANKERS TRUST COMPANY)

(Exact name of trustee as specified in its charter)

	 	 	 
	NEW YORK	 	13-4941247
	
	 	

	(Jurisdiction of Incorporation or

organization if not a U.S. national bank)	 	(I.R.S. Employer

Identification no.)
	 	 	 
	60 WALL STREET

NEW YORK, NEW YORK	 	 

10005
	
	 	

	(Address of principal executive offices)	 	(Zip Code)

Deutsche Bank Trust Company Americas

Attention: Will Christoph

Legal Department

1301 6th Avenue, 8th Floor

New York, New York 10019

(212) 469-0378

(Name, address and telephone number of agent for service)

Placer Dome Inc.

(Exact name of Registrant as specified in its charter)

	 	 	 
	Canada	 	Not Applicable
	
	 	

	(Jurisdiction of incorporation
or organization)	 	(I.R.S. Employer Identification No.)
	 	 	 

Suite 1600, 1055 Dunsmuir Street

P.O. Box 49330, Bentall Postal Stn.

Vancouver, British Columbia

Canada V7X1P1

(604) 682-7082

(Address, including zip code and telephone number, including

area code, of registrant’s principal executive offices)

6-3/8% Exchange Debentures due 2033

(Title of the Indenture securities)

 

Item 1.   General Information.

     Furnish the following information as to the trustee.

	 	(a)	 	Name and address of each examining or
supervising authority to which it is subject.

	 	 	 	 	 
	Name	 	Address
	
	 	

	Federal Reserve Bank (2nd District)
	 	New York, NY
	Federal Deposit Insurance Corporation
	 	Washington, D.C.
	New York State Banking Department
	 	Albany, NY

	 	(b)	 	Whether it is authorized to
exercise corporate trust powers.

Yes.

Item 2.   Affiliations with Obligor.

     If the obligor is an affiliate of the Trustee, describe each such affiliation.

     None.

Item 3. - 15.   Not Applicable

Item 16.   List of Exhibits.

	 	 	 	 	 
	 	 	
Exhibit 1 —
	 	Restated Organization Certificate of Bankers Trust Company dated August 6, 1998,
Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated
September 25, 1998, Certificate of Amendment of the Organization Certificate of Bankers
Trust Company dated December 16, 1998, and Certificate of Amendment of the Organization
Certificate of Bankers Trust Company dated February 22, 2002, copies attached.
	 	 	 	 	 
	 	 	
Exhibit 2 —
	 	Certificate of Authority to commence business — Incorporated herein by reference to
Exhibit 2 filed with Form T-1 Statement, Registration No. 33-21047.
	 	 	 	 	 
	 	 	
Exhibit 3 —
	 	Authorization of the Trustee to exercise corporate trust powers — Incorporated herein
by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 33-21047.
	 	 	 	 	 
	 	 	
Exhibit 4 —
	 	Existing By-Laws of Bankers Trust Company, as amended on April 15, 2002. Copy attached.

2

 

	 	 	 	 	 
	 	 	
Exhibit 5 —
	 	Not applicable.
	 	 	 	 	 
	 	 	
Exhibit 6 —
	 	Consent of Bankers Trust Company required by Section
321(b) of the Act. — Incorporated herein by reference to
Exhibit 4 filed with Form T-1 Statement, Registration
No. 22-18864.
	 	 	 	 	 
	 	 	
Exhibit 7 —
	 	The latest report of condition of Deutsche Bank Trust
Company Americas dated as of December 31, 2002. Copy
attached.
	 	 	 	 	 
	 	 	
Exhibit 8 —
	 	Not Applicable.
	 	 	 	 	 
	 	 	
Exhibit 9 —
	 	Not Applicable.

3

 

SIGNATURE

     Pursuant to the requirements of the Trust Indenture Act of 1939, as
amended, the trustee, Deutsche Bank Trust Company Americas, a corporation
organized and existing under the laws of the State of New York, has duly caused
this statement of eligibility to be signed on its behalf by the undersigned,
thereunto duly authorized, all in The City of New York, and State of New York,
on this 9th day of May, 2003.

	 	 	 	 	 
	 	 	
DEUTSCHE BANK TRUST COMPANY AMERICAS
	 
	 
	 	 	 	 	
/s/ Dorothy Robinson
	 	 	 	 	

	 	 	By:	 	Dorothy Robinson

Vice President

4

 

State of New York,

Banking Department

     I, MANUEL KURSKY, Deputy Superintendent of Banks of the State of New
York, DO HEREBY APPROVE the annexed Certificate entitled “CERTIFICATE OF
AMENDMENT OF THE ORGANIZATION CERTIFICATE OF BANKERS TRUST COMPANY Under
Section 8005 of the Banking Law,” dated September 16, 1998, providing for an
increase in authorized capital stock from $3,001,666,670 consisting of
200,166,667 shares with a par value of $10 each designated as Common Stock and
1,000 shares with a par value of $1,000,000 each designated as Series Preferred
Stock to $3,501,666,670 consisting of 200,166,667 shares with a par value of
$10 each designated as Common Stock and 1,500 shares with a par value of
$1,000,000 each designated as Series Preferred Stock.

Witness, my hand and official seal of the Banking Department at the City of New
York,

	 	 	 
	 	 	
this 25th day of September in the Year of
our Lord one thousand nine hundred and ninety-eight
	 	 	 
	 	 	 
	 	 	
Manuel Kursky
	 	 	

	 	 	
Deputy Superintendent of Banks

 

 

RESTATED

ORGANIZATION

CERTIFICATE

OF

BANKERS TRUST COMPANY

Under Section 8007

Of the Banking Law

Bankers Trust Company

1301 6th Avenue, 8th Floor

New York, N.Y. 10019

Counterpart Filed in the Office of the Superintendent of Banks,

State of New York, August 31, 1998

 

 

RESTATED ORGANIZATION CERTIFICATE

OF

BANKERS TRUST

Under Section 8007 of the Banking Law

     We, James T. Byrne, Jr. and Lea Lahtinen, being respectively a Managing
Director and an Assistant Secretary and a Vice President and an Assistant
Secretary of BANKERS TRUST COMPANY, do hereby certify:

     1.   The name of the corporation is Bankers Trust Company.

     2.   The organization certificate of the corporation was filed by the
Superintendent of Banks of the State of New York on March 5, 1903.

     3.   The text of the organization certificate, as amended heretofore, is
hereby restated without further amendment or change to read as herein-set forth
in full, to wit:

“Certificate of Organization

of

Bankers Trust Company

     Know All Men By These Presents That we, the undersigned, James A. Blair,
James G. Cannon, E. C. Converse, Henry P. Davison, Granville W. Garth, A.
Barton Hepburn, Will Logan, Gates W. McGarrah, George W. Perkins, William H.
Porter, John F. Thompson, Albert H. Wiggin, Samuel Woolverton and Edward F. C.
Young, all being persons of full age and citizens of the United States, and a
majority of us being residents of the State of New York, desiring to form a
corporation to be known as a Trust Company, do hereby associate ourselves
together for that purpose under and pursuant to the laws of the State of New
York, and for such purpose we do hereby, under our respective hands and seals,
execute and duly acknowledge this Organization Certificate in duplicate, and
hereby specifically state as follows, to wit:

     I.   The name by which the said corporation shall be known is Bankers Trust
Company.

     II.   The place where its business is to be transacted is the City of New
York, in the State of New York.

     III.   Capital Stock: The amount of capital stock which the corporation is
hereafter to have is Three Billion One Million, Six Hundred Sixty-Six Thousand,
Six Hundred Seventy Dollars ($3,001,666,670), divided into Two Hundred Million,
One Hundred Sixty-Six Thousand, Six Hundred Sixty-Seven (200,166,667) shares
with a par value of $10 each designated as Common Stock and 1,000 shares with a
par value of One Million Dollars ($1,000,000) each designated as Series
Preferred Stock.

 

 

     (a)   Common Stock

     1.   Dividends: Subject to all of the rights of the Series Preferred Stock,
dividends may be declared and paid or set apart for payment upon the Common
Stock out of any assets or funds of the corporation legally available for the
payment of dividends.

     2.   Voting Rights: Except as otherwise expressly provided with respect to
the Series Preferred Stock or with respect to any series of the Series
Preferred Stock, the Common Stock shall have the exclusive right to vote for
the election of directors and for all other purposes, each holder of the Common
Stock being entitled to one vote for each share thereof held.

     3.   Liquidation: Upon any liquidation, dissolution or winding up of the
corporation, whether voluntary or involuntary, and after the holders of the
Series Preferred Stock of each series shall have been paid in full the amounts
to which they respectively shall be entitled, or a sum sufficient for the
payment in full set aside, the remaining net assets of the corporation shall be
distributed pro rata to the holders of the Common Stock in accordance with
their respective rights and interests, to the exclusion of the holders of the
Series Preferred Stock.

     4.   Preemptive Rights: No holder of Common Stock of the corporation shall be
entitled, as such, as a matter of right, to subscribe for or purchase any part
of any new or additional issue of stock of any class or series whatsoever, any
rights or options to purchase stock of any class or series whatsoever, or any
securities convertible into, exchangeable for or carrying rights or options to
purchase stock of any class or series whatsoever, whether now or hereafter
authorized, and whether issued for cash or other consideration, or by way of
dividend or other distribution.

     (b)   Series Preferred Stock

     1.   Board Authority: The Series Preferred Stock may be issued from time to
time by the Board of Directors as herein provided in one or more series. The
designations, relative rights, preferences and limitations of the Series
Preferred Stock, and particularly of the shares of each series thereof, may, to
the extent permitted by law, be similar to or may differ from those of any
other series. The Board of Directors of the corporation is hereby expressly
granted authority, subject to the provisions of this Article III, to issue from
time to time Series Preferred Stock in one or more series and to fix from time
to time before issuance thereof, by filing a certificate pursuant to the
Banking Law, the number of shares in each such series of such class and all
designations, relative rights (including the right, to the extent permitted by
law, to convert into shares of any class or into shares of any series of any
class), preferences and limitations of the shares in each such series,
including, buy without limiting the generality of the foregoing, the following:

		
	 	     (i)   The number of shares to constitute such series (which number may
at any time, or from time to time, be increased or decreased by the Board
of Directors, notwithstanding that shares of the series may be
outstanding at the time of such increase or decrease, unless the Board of
Directors shall have otherwise provided in creating such series) and the
distinctive designation thereof;
	 
	 	     (ii)   The dividend rate on the shares of such series, whether or not
dividends on the shares of such series shall be cumulative, and the date
or dates, if any, from which dividends thereon shall be cumulative;

 

 

		
	 	     (iii)   Whether or not the share of such series shall be redeemable,
and, if redeemable, the date or dates upon or after which they shall be
redeemable, the amount or amounts per share (which shall be, in the case
of each share, not less than its preference upon involuntary liquidation,
plus an amount equal to all dividends thereon accrued and unpaid, whether
or not earned or declared) payable thereon in the case of the redemption
thereof, which amount may vary at different redemption dates or otherwise
as permitted by law;
	 
	 	     (iv)   The right, if any, of holders of shares of such series to convert
the same into, or exchange the same for, Common Stock or other stock as
permitted by law, and the terms and conditions of such conversion or
exchange, as well as provisions for adjustment of the conversion rate in
such events as the Board of Directors shall determine;
	 
	 	     (v)   The amount per share payable on the shares of such series upon
the voluntary and involuntary liquidation, dissolution or winding up of
the corporation;
	 
	 	     (vi)   Whether the holders of shares of such series shall have voting
power, full or limited, in addition to the voting powers provided by law
and, in case additional voting powers are accorded, to fix the extent
thereof; and
	 
	 	     (vii)   Generally to fix the other rights and privileges and any
qualifications, limitations or restrictions of such rights and privileges
of such series, provided, however, that no such rights, privileges,
qualifications, limitations or restrictions shall be in conflict with the
organization certificate of the corporation or with the resolution or
resolutions adopted by the Board of Directors providing for the issue of
any series of which there are shares outstanding.

     All shares of Series Preferred Stock of the same series shall be identical
in all respects, except that shares of any one series issued at different times
may differ as to dates, if any, from which dividends thereon may accumulate.
All shares of Series Preferred Stock of all series shall be of equal rank and
shall be identical in all respects except that to the extent not otherwise
limited in this Article III any series may differ from any other series with
respect to any one or more of the designations, relative rights, preferences
and limitations described or referred to in subparagraphs (I) to (vii)
inclusive above.

     2.   Dividends: Dividends on the outstanding Series Preferred Stock of each
series shall be declared and paid or set apart for payment before any dividends
shall be declared and paid or set apart for payment on the Common Stock with
respect to the same quarterly dividend period. Dividends on any shares of
Series Preferred Stock shall be cumulative only if and to the extent set forth
in a certificate filed pursuant to law. After dividends on all shares of
Series Preferred Stock (including cumulative dividends if and to the extent any
such shares shall be entitled thereto) shall have been declared and paid or set
apart for payment with respect to any quarterly dividend period, then and not
otherwise so long as any shares of Series Preferred Stock shall remain
outstanding, dividends may be declared and paid or set apart for payment with
respect to the same quarterly dividend period on the Common Stock out the
assets or funds of the corporation legally available therefor.

     All Shares of Series Preferred Stock of all series shall be of equal rank,
preference and priority as to dividends irrespective of whether or not the
rates of dividends to which the same shall be entitled shall be the same and
when the stated dividends are not paid in full, the shares of all series of the
Series Preferred Stock shall share ratably in the payment thereof in accordance
with the sums which would be payable on such shares if all dividends were paid
in full, provided, however, that any two or more series of the Series Preferred
Stock may differ from each other as to the existence and extent of the right to
cumulative dividends, as aforesaid.

 

 

     3.   Voting Rights: Except as otherwise specifically provided in the
certificate filed pursuant to law with respect to any series of the Series
Preferred Stock, or as otherwise provided by law, the Series Preferred Stock
shall not have any right to vote for the election of directors or for any other
purpose and the Common Stock shall have the exclusive right to vote for the
election of directors and for all other purposes.

     4.   Liquidation: In the event of any liquidation, dissolution or winding
up of the corporation, whether voluntary or involuntary, each series of Series
Preferred Stock shall have preference and priority over the Common Stock for
payment of the amount to which each outstanding series of Series Preferred
Stock shall be entitled in accordance with the provisions thereof and each
holder of Series Preferred Stock shall be entitled to be paid in full such
amount, or have a sum sufficient for the payment in full set aside, before any
payments shall be made to the holders of the Common Stock. If, upon
liquidation, dissolution or winding up of the corporation, the assets of the
corporation or proceeds thereof, distributable among the holders of the shares
of all series of the Series Preferred Stock shall be insufficient to pay in
full the preferential amount aforesaid, then such assets, or the proceeds
thereof, shall be distributed among such holders ratably in accordance with the
respective amounts which would be payable if all amounts payable thereon were
paid in full. After the payment to the holders of Series Preferred Stock of
all such amounts to which they are entitled, as above provided, the remaining
assets and funds of the corporation shall be divided and paid to the holders of
the Common Stock.

     5.   Redemption: In the event that the Series Preferred Stock of any series
shall be made redeemable as provided in clause (iii) of paragraph 1 of section
(b) of this Article III, the corporation, at the option of the Board of
Directors, may redeem at any time or times, and from time to time, all or any
part of any one or more series of Series Preferred Stock outstanding by paying
for each share the then applicable redemption price fixed by the Board of
Directors as provided herein, plus an amount equal to accrued and unpaid
dividends to the date fixed for redemption, upon such notice and terms as may
be specifically provided in the certificate filed pursuant to law with respect
to the series.

     6.   Preemptive Rights: No holder of Series Preferred Stock of the
corporation shall be entitled, as such, as a matter or right, to subscribe for
or purchase any part of any new or additional issue of stock of any class or
series whatsoever, any rights or options to purchase stock of any class or
series whatsoever, or any securities convertible into, exchangeable for or
carrying rights or options to purchase stock of any class or series whatsoever,
whether now or hereafter authorized, and whether issued for cash or other
consideration, or by way of dividend.

     (c)   Provisions relating to Floating Rate Non-Cumulative Preferred Stock,
Series A. (Liquidation value $1,000,000 per share.)

     1.   Designation: The distinctive designation of the series established
hereby shall be “Floating Rate Non-Cumulative Preferred Stock, Series A”
(hereinafter called “Series A Preferred Stock”).

     2.   Number: The number of shares of Series A Preferred Stock shall
initially be 250 shares. Shares of Series A Preferred Stock redeemed,
purchased or otherwise acquired by the corporation shall be cancelled and shall
revert to authorized but unissued Series Preferred Stock undesignated as to
series.

     3.   Dividends:

     (a)   Dividend Payments Dates. Holders of the Series A Preferred
Stock shall be entitled to receive non-cumulative cash dividends
when, as and if declared by the Board of Directors of the
corporation, out of funds legally available therefor, from the date
of original issuance of such shares (the “Issue Date”) and such
dividends will be payable on March 28, June 28, September 28 and
December 28 of each year (“Dividend Payment Date”) commencing
September 28, 1990, at a rate per annum as determined in paragraph
3(b) below. The period beginning on the Issue Date and ending on
the day preceding the first

 

 

Dividend Payment Date and each successive period beginning on a Dividend
Payment Date and ending on the date preceding the next succeeding
Dividend Payment Date is herein called a “Dividend Period”. If any
Dividend Payment Date shall be, in The City of New York, a Sunday or
a legal holiday or a day on which banking institutions are
authorized by law to close, then payment will be postponed to the
next succeeding business day with the same force and effect as if
made on the Dividend Payment Date, and no interest shall accrue for
such Dividend Period after such Dividend Payment Date.

     (b)   Dividend Rate. The dividend rate from time to time payable in respect
of Series A Preferred Stock (the “Dividend Rate”) shall be determined on the
basis of the following provisions:

		
	 	     (i)   On the Dividend Determination Date, LIBOR will be determined on the
basis of the offered rates for deposits in U.S. dollars having a maturity of
three months commencing on the second London Business Day immediately following
such Dividend Determination Date, as such rates appear on the Reuters Screen
LIBO Page as of 11:00 A.M. London time, on such Dividend Determination Date.
If at least two such offered rates appear on the Reuters Screen LIBO Page,
LIBOR in respect of such Dividend Determination Dates will be the arithmetic
mean (rounded to the nearest one-hundredth of a percent, with five
one-thousandths of a percent rounded upwards) of such offered rates. If fewer
than those offered rates appear, LIBOR in respect of such Dividend
Determination Date will be determined as described in paragraph (ii) below.
	 
	 	     (ii)   On any Dividend Determination Date on which fewer than those offered rates
for the applicable maturity appear on the Reuters Screen LIBO Page as specified
in paragraph (I) above, LIBOR will be determined on the basis of the rates at
which deposits in U.S. dollars having a maturity of three months commencing on
the second London Business Day immediately following such Dividend
Determination Date and in a principal amount of not less than $1,000,000 that
is representative of a single transaction in such market at such time are
offered by three major banks in the London interbank market selected by the
corporation at approximately 11:00 A.M., London time, on such Dividend
Determination Date to prime banks in the London market. The corporation will
request the principal London office of each of such banks to provide a
quotation of its rate. If at least two such quotations are provided, LIBOR in
respect of such Dividend Determination Date will be the arithmetic mean
(rounded to the nearest one-hundredth of a percent, with five one-thousandths
of a percent rounded upwards) of such quotations. If fewer than two quotations
are provided, LIBOR in respect of such Dividend Determination Date will be the
arithmetic mean (rounded to the nearest one-hundredth of a percent, with five
one-thousandths of a percent rounded upwards) of the rates quoted by three
major banks in New York City selected by the corporation at approximately 11:00
A.M., New York City time, on such Dividend Determination Date for loans in U.S.
dollars to leading European banks having a maturity of three months commencing
on the second London Business Day immediately following such Dividend
Determination Date and in a principal amount of not less than $1,000,000 that
is representative of a single transaction in such market at such time;
provided, however, that if the banks selected as aforesaid by the corporation
are not quoting as aforementioned in this sentence, then, with respect to such
Dividend Period, LIBOR for the preceding Dividend Period will be continued as
LIBOR for such Dividend Period.
	 
	 	     (iii)   The Dividend Rate for any Dividend Period shall be equal to the lower
of 18% or 50 basis points above LIBOR for such Dividend Period as LIBOR is
determined by sections (i) or (ii) above.
	 
	 	As used above, the term “Dividend Determination Date” shall mean, with respect
to any Dividend Period, the second London Business Day prior to the
commencement of such Dividend Period; and the term “London Business Day” shall
mean any day that is not a Saturday or Sunday and that, in New York City, is
not a day on which banking institutions generally are authorized or required by
law or executive order to close and that is a day on which dealings in deposits
in U.S. dollars are transacted in the London interbank market.

 

 

     4.   Voting Rights: The holders of the Series A Preferred Stock shall have
the voting power and rights set forth in this paragraph 4 and shall have no
other voting power or rights except as otherwise may from time to time be
required by law.

     So long as any shares of Series A Preferred Stock remain outstanding, the
corporation shall not, without the affirmative vote or consent of the holders
of at least a majority of the votes of the Series Preferred Stock entitled to
vote outstanding at the time, given in person or by proxy, either in writing or
by resolution adopted at a meeting at which the holders of Series A Preferred
Stock (alone or together with the holders of one or more other series of Series
Preferred Stock at the time outstanding and entitled to vote) vote separately
as a class, alter the provisions of the Series Preferred Stock so as to
materially adversely affect its rights; provided, however, that in the event
any such materially adverse alteration affects the rights of only the Series A
Preferred Stock, then the alteration may be effected with the vote or consent
of at least a majority of the votes of the Series A Preferred Stock; provided,
further, that an increase in the amount of the authorized Series Preferred
Stock and/or the creation and/or issuance of other series of Series Preferred
Stock in accordance with the organization certificate shall not be, nor be
deemed to be, materially adverse alterations. In connection with the exercise
of the voting rights contained in the preceding sentence, holders of all series
of Series Preferred Stock which are granted such voting rights (of which the
Series A Preferred Stock is the initial series) shall vote as a class (except
as specifically provided otherwise) and each holder of Series A Preferred Stock
shall have one vote for each share of stock held and each other series shall
have such number of votes, if any, for each share of stock held as may be
granted to them.

     The foregoing voting provisions will not apply if, in connection with the
matters specified, provision is made for the redemption or retirement of all
outstanding Series A Preferred Stock.

     5.   Liquidation: Subject to the provisions of section (b) of this Article III,
upon any liquidation, dissolution or winding up of the corporation, whether
voluntary or involuntary, the holders of the Series A Preferred Stock shall
have preference and priority over the Common Stock for payment out of the
assets of the corporation or proceeds thereof, whether from capital or surplus,
of $1,000,000 per share (the “liquidation value”) together with the amount of
all dividends accrued and unpaid thereon, and after such payment the holders of
Series A Preferred Stock shall be entitled to no other payments.

     6.   Redemption: Subject to the provisions of section (b) of this Article
III, Series A Preferred Stock may be redeemed, at the option of the corporation
in whole or part, at any time or from time to time at a redemption price of
$1,000,000 per share, in each case plus accrued and unpaid dividends to the
date of redemption.

     At the option of the corporation, shares of Series A Preferred Stock
redeemed or otherwise acquired may be restored to the status of authorized but
unissued shares of Series Preferred Stock.

     In the case of any redemption, the corporation shall give notice of such
redemption to the holders of the Series A Preferred Stock to be redeemed in the
following manner: a notice specifying the shares to be redeemed and the time
and place of redemption (and, if less than the total outstanding shares are to
be redeemed, specifying the certificate numbers and number of shares to be
redeemed) shall be mailed by first class mail, addressed to the holders of
record of the Series A Preferred Stock to be redeemed at their respective
addresses as the same shall appear upon the books of the corporation, not more
than sixty (60) days and not less than thirty (30) days previous to the date
fixed for redemption. In the event such notice is not given to any shareholder
such failure to give notice shall not affect the notice given to other
shareholders. If less than the whole amount of outstanding Series A Preferred
Stock is to be redeemed, the shares to be redeemed shall be selected by lot or
pro rata in any manner determined by resolution of the Board of Directors to be
fair and proper. From and after the date fixed in any such notice as the date
of redemption (unless default shall be made by the corporation in providing
moneys at the time and place of redemption for the payment of the redemption
price) all dividends upon the Series A Preferred Stock so

 

 

called for redemption shall cease to accrue, and all rights of the holders
of said Series A Preferred Stock as stockholders in the corporation, except the
right to receive the redemption price (without interest) upon surrender of the
certificate representing the Series A Preferred Stock so called for redemption,
duly endorsed for transfer, if required, shall cease and terminate. The
corporation’s obligation to provide moneys in accordance with the preceding
sentence shall be deemed fulfilled if, on or before the redemption date, the
corporation shall deposit with a bank or trust company (which may be an
affiliate of the corporation) having an office in the Borough of Manhattan,
City of New York, having a capital and surplus of at least $5,000,000 funds
necessary for such redemption, in trust with irrevocable instructions that such
funds be applied to the redemption of the shares of Series A Preferred Stock so
called for redemption. Any interest accrued on such funds shall be paid to the
corporation from time to time. Any funds so deposited and unclaimed at the end
of two (2) years from such redemption date shall be released or repaid to the
corporation, after which the holders of such shares of Series A Preferred Stock
so called for redemption shall look only to the corporation for payment of the
redemption price.

     IV.   The name, residence and post office address of each member of the
corporation are as follows:

	 	 	 	 	 
	Name	 	Residence	 	Post Office Address
	
	 	
	 	

	James A. Blair	 	
9 West 50th Street,

Manhattan, New York City
	 	33 Wall Street,

Manhattan, New York City
	 	 	 	 	 
	James G. Cannon	 	
72 East 54th Street,

Manhattan New York City
	 	14 Nassau Street,

Manhattan, New York City
	 	 	 	 	 
	E. C. Converse	 	
3 East 78th Street,

Manhattan, New York City
	 	139 Broadway,

Manhattan, New York City
	 	 	 	 	 
	Henry P. Davison	 	
Englewood,

New Jersey
	 	2 Wall Street,

Manhattan, New York City
	 	 	 	 	 
	Granville W. Garth	 	
160 West 57th Street,

Manhattan, New York City
	 	33 Wall Street

Manhattan, New York City
	 	 	 	 	 
	A. Barton Hepburn	 	
205 West 57th Street

Manhattan, New York City
	 	83 Cedar Street

Manhattan, New York City
	 	 	 	 	 
	William Logan	 	
Montclair,

New Jersey
	 	13 Nassau Street

Manhattan, New York City
	 	 	 	 	 
	George W. Perkins	 	
Riverdale,

New York
	 	23 Wall Street,

Manhattan, New York City
	 	 	 	 	 
	William H. Porter	 	
56 East 67th Street

Manhattan, New York City
	 	270 Broadway,

Manhattan, New York City
	 	 	 	 	 
	John F. Thompson	 	
Newark,

New Jersey
	 	143 Liberty Street,

Manhattan, New York City
	 	 	 	 	 
	Albert H. Wiggin	 	
42 West 49th Street,

Manhattan, New York City
	 	214 Broadway,

Manhattan, New York City

 

 

	 	 	 	 	 
	Name	 	Residence	 	Post Office Address
	
	 	
	 	

	Samuel Woolverton	 	
Mount Vernon,

New York
	 	34 Wall Street,

Manhattan, New York City
	 	 	 	 	 
	Edward F.C. Young	 	
85 Glenwood Avenue,

Jersey City, New Jersey
	 	1 Exchange Place,

Jersey City, New Jersey

     V.   The existence of the corporation shall be perpetual.

     VI.   The subscribers, the members of the said corporation, do, and each for
himself does, hereby declare that he will accept the responsibilities and
faithfully discharge the duties of a director therein, if elected to act as
such, when authorized accordance with the provisions of the Banking Law of the
State of New York.

     VII.   The number of directors of the corporation shall not be less than 10
nor more than 25.”

     4.   The foregoing restatement of the organization certificate was
authorized by the Board of Directors of the corporation at a meeting held on
July 21, 1998.

     IN WITNESS WHEREOF, we have made and subscribed this certificate this 6th
day of August, 1998.

     IN WITNESS WHEREOF, we have made and subscribed this certificate this 6th
day of August, 1998.

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	James T. Byrne, Jr.
	 	 	 	 	 	 	

	 	 	 	 	 	 	James T. Byrne, Jr.
	 	 	 	 	 	 	Managing Director and Secretary
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	

	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	Vice President and Assistant Secretary
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	

	 	 	 	 	 	 	Lea Lahtinen

 

 

	 	 	 	 	 	 	 
	State of New York	 	
)

)	 	 
ss:	 	 
	County of New York	 	
)	 	 	 	 

     Lea Lahtinen, being duly sworn, deposes and says that she is a Vice
President and an Assistant Secretary of Bankers Trust Company, the corporation
described in the foregoing certificate; that she has read the foregoing
certificate and knows the contents thereof, and that the statements herein
contained are true.

	 	 	 
	 	 	
Lea Lahtinen
	 	 	

	 	 	
Lea Lahtinen
	 	 	 
	Sworn to before me this

6th day of August, 1998.	 	 
	 	 	 
	 	 	 
	Sandra L. West

Notary Public	 	 
	 	 	 
	SANDRA L. WEST	 	 
	Notary Public State of New York	 	 
	No. 31-4942101	 	 
	Qualified in New York County	 	 
	Commission Expires September 19, 1998	 	 

 

 

State of New York,

Banking Department

     I, MANUEL KURSKY, Deputy Superintendent of Banks of the State of New York,
DO HEREBY APPROVE the annexed Certificate entitled “RESTATED ORGANIZATION
CERTIFICATE OF BANKERS TRUST COMPANY Under Section 8007 of the Banking Law,”
dated August 6, 1998, providing for the restatement of the Organization
Certificate and all amendments into a single certificate.

Witness, my hand and official seal of the Banking Department at the City of New
York,

	 	 	 
	 	 	
this 31st day of August in the Year of our
Lord one thousand nine hundred and ninety-eight
	 	 	 
	 	 	 
	 	 	
Manuel Kursky
	 	 	

	 	 	
Deputy Superintendent of Banks

 

 

CERTIFICATE OF AMENDMENT

OF THE

ORGANIZATION CERTIFICATE

OF BANKERS TRUST

Under Section 8005 of the Banking Law

     We, James T. Byrne, Jr. and Lea Lahtinen, being respectively a Managing
Director and Secretary and a Vice President and an Assistant Secretary of
Bankers Trust Company, do hereby certify:

     1.   The name of the corporation is Bankers Trust Company.

     2.   The organization certificate of said corporation was filed by the
Superintendent of Banks on the 5th of March, 1903.

     3.   The organization certificate as heretofore amended is hereby amended
to increase the aggregate number of shares which the corporation shall have
authority to issue and to increase the amount of its authorized capital stock
in conformity therewith.

     4.   Article III of the organization certificate with reference to the
authorized capital stock, the number of shares into which the capital stock
shall be divided, the par value of the shares and the capital stock
outstanding, which reads as follows:

		
	 	     “III.   The amount of capital stock which the corporation is
hereafter to have is Three Billion, One Million, Six Hundred
Sixty-Six Thousand, Six Hundred Seventy Dollars ($3,001,666,670),
divided into Two Hundred Million, One Hundred Sixty-Six Thousand,
Six Hundred Sixty-Seven (200,166,667) shares with a par value of
$10 each designated as Common Stock and 1000 shares with a par
value of One Million Dollars ($1,000,000) each designated as
Series Preferred Stock.”
	 
	is hereby amended to read as follows:
	 
	 	     “III.   The amount of capital stock which the corporation is
hereafter to have is Three Billion, Five Hundred One Million, Six
Hundred Sixty-Six Thousand, Six Hundred Seventy Dollars
($3,501,666,670), divided into Two Hundred Million, One Hundred
Sixty-Six Thousand, Six Hundred Sixty-Seven (200,166,667) shares
with a par value of $10 each designated as Common Stock and 1500
shares with a par value of One Million Dollars ($1,000,000) each
designated as Series Preferred Stock.”

 

 

     5.   The foregoing amendment of the organization certificate was
authorized by unanimous written consent signed by the holder of all outstanding
shares entitled to vote thereon.

     IN WITNESS WHEREOF, we have made and subscribed this certificate this 25th
day of September, 1998

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	James T. Byrne, Jr.
	 	 	 	 	 	 	

	 	 	 	 	 	 	James T. Byrne, Jr.
	 	 	 	 	 	 	Managing Director and Secretary
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	

	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	Vice President and Assistant Secretary
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	State of New York	 	
)

)
	 	 
ss:	 	 
	County of New York	 	
)	 	 	 	 

     Lea Lahtinen, being fully sworn, deposes and says that she is a Vice
President and an Assistant Secretary of Bankers Trust Company, the corporation
described in the foregoing certificate; that she has read the foregoing
certificate and knows the contents thereof, and that the statements herein
contained are true.

	 	 	 
	 	 	 
	 	 	
Lea Lahtinen
	 	 	

	 	 	
Lea Lahtinen
	 	 	 
	 	 	 
	Sworn to before me this 25th day

of September, 1998	 	 
	 	 	 
	 	 	 
	Sandra L. West

Notary Public	 	 
	 	 	 
	SANDRA L. WEST	 	 
	Notary Public State of New York	 	 
	No. 31-4942101	 	 
	Qualified in New York County	 	 
	Commission Expires September 19, 2000	 	 

 

 

State of New York,

Banking Department

     I, P. VINCENT CONLON, Deputy Superintendent of Banks of the State of New
York, DO HEREBY APPROVE the annexed Certificate entitled “CERTIFICATE OF
AMENDMENT OF THE ORGANIZATION CERTIFICATE OF BANKERS TRUST COMPANY Under
Section 8005 of the Banking Law,” dated December 16, 1998, providing for an
increase in authorized capital stock from $3,501,666,670 consisting of
200,166,667 shares with a par value of $10 each designated as Common Stock and
1,500 shares with a par value of $1,000,000 each designated as Series Preferred
Stock to $3,627,308,670 consisting of 212,730,867 shares with a par value of
$10 each designated as Common Stock and 1,500 shares with a par value of
$1,000,000 each designated as Series Preferred Stock.

     Witness, my hand and official seal of the Banking Department at the City of New
York,

	 	 	 
	 	 	
this 18th day of December in the Year of
our Lord one thousand nine hundred and ninety-eight
	 	 	 
	 	 	 
	 	 	
P. Vincent Conlon
	 	 	

	 	 	
Deputy Superintendent of Banks

 

 

CERTIFICATE OF AMENDMENT

OF THE

ORGANIZATION CERTIFICATE

OF BANKERS TRUST

Under Section 8005 of the Banking Law

     We, James T. Byrne, Jr. and Lea Lahtinen, being respectively a Managing
Director and Secretary and a Vice President and an Assistant Secretary of
Bankers Trust Company, do hereby certify:

     1.   The name of the corporation is Bankers Trust Company.

     2.   The organization certificate of said corporation was filed by the
Superintendent of Banks on the 5th of March, 1903.

     3.   The organization certificate as heretofore amended is hereby amended
to increase the aggregate number of shares which the corporation shall have
authority to issue and to increase the amount of its authorized capital stock
in conformity therewith.

     4.   Article III of the organization certificate with reference to the
authorized capital stock, the number of shares into which the capital stock
shall be divided, the par value of the shares and the capital stock
outstanding, which reads as follows:

		
	 	     “III.   The amount of capital stock which the corporation is
hereafter to have is Three Billion, Five Hundred One Million, Six
Hundred Sixty-Six Thousand, Six Hundred Seventy Dollars
($3,501,666,670), divided into Two Hundred Million, One Hundred
Sixty-Six Thousand, Six Hundred Sixty-Seven (200,166,667) shares
with a par value of $10 each designated as Common Stock and 1500
shares with a par value of One Million Dollars ($1,000,000) each
designated as Series Preferred Stock.”
	 
	is hereby amended to read as follows:
	 
	 	     “III. The amount of capital stock which the corporation is
hereafter to have is Three Billion, Six Hundred Twenty-Seven
Million, Three Hundred Eight Thousand, Six Hundred Seventy Dollars
($3,627,308,670), divided into Two Hundred Twelve Million, Seven
Hundred Thirty Thousand, Eight Hundred Sixty- Seven (212,730,867)
shares with a par value of $10 each designated as Common Stock and
1500 shares with a par value of One Million Dollars ($1,000,000)
each designated as Series Preferred Stock.”

 

 

     5.   The foregoing amendment of the organization certificate was
authorized by unanimous written consent signed by the holder of all outstanding
shares entitled to vote thereon.

     IN WITNESS WHEREOF, we have made and subscribed this certificate this 16th
day of December, 1998

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	James T. Byrne, Jr.
	 	 	 	 	 	 	

	 	 	 	 	 	 	James T. Byrne, Jr.
	 	 	 	 	 	 	Managing Director and Secretary
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	

	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	Vice President and Assistant Secretary
	 	 	 	 	 	 	 
	State of New York	 	
)

)
	 	 
ss:	 	 
	County of New York	 	
)	 	 	 	 

     Lea Lahtinen, being fully sworn, deposes and says that she is a Vice
President and an Assistant Secretary of Bankers Trust Company, the corporation
described in the foregoing certificate; that she has read the foregoing
certificate and knows the contents thereof, and that the statements herein
contained are true.

	 	 	 
	 	 	 
	 	 	
Lea Lahtinen
	 	 	

	 	 	
Lea Lahtinen
	 	 	 
	 	 	 
	Sworn to before me this 16th day

of December, 1998	 	 
	 	 	 
	 	 	 
	Sandra L. West

Notary Public	 	 
	 	 	 
	SANDRA L. WEST	 	 
	Notary Public State of New York	 	 
	No. 31-4942101	 	 
	Qualified in New York County	 	 
	Commission Expires September 19, 2000	 	 

 

 

BANKERS TRUST COMPANY

ASSISTANT SECRETARY’S CERTIFICATE

     I, Lea Lahtinen, Vice President and Assistant Secretary of Bankers Trust
Company, a corporation duly organized and existing under the laws of the State
of New York, the United States of America, do hereby certify that attached copy
of the Certificate of Amendment of the Organization Certificate of Bankers
Trust Company, dated February 27, 2002, providing for a change of name of
Bankers Trust Company to Deutsche Bank Trust Company Americas and approved by
the New York State Banking Department on March 14, 2002 to effective on April
15, 2002, is a true and correct copy of the original Certificate of Amendment
of the Organization Certificate of Bankers Trust Company on file in the Banking
Department, State of New York.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of Bankers
Trust Company this 4th day of April, 2002.

[SEAL]

	 	 	 	 	 
	 	 	 	 	/s/ Lea Lahtinen
	 	 	 	 	

	 	 	 	 	Lea Lahtinen, Vice President and Assistant Secretary
	 	 	 	 	Bankers Trust Company
	 	 	 	 	 
	State of New York	 	
)

)
	 	 

ss.:
	County of New York	 	
)	 	 

     On the 4th day of April in the year 2002 before me, the undersigned, a Notary
Public in and for said state, personally appeared Lea Lahtinen, personally
known to me or proved to me on the basis of satisfactory evidence to be the
individual whose name is subscribed to the within instrument and acknowledged
to me that she executed the same in her capacity, and that by her signature on
the instrument, the individual, or the person on behalf of which the individual
acted, executed the instrument.

	 
	/s/ Sonja K. Olsen

Notary Public

SONJA K. OLSEN

Notary Public, State of New York

No. 01OL4974457

Qualified in New York County

Commission Expires November 13, 2002

 

 

State of New York,

Banking Department

     I, P. VINCENT CONLON, Deputy Superintendent of Banks of the State of New York,
DO HEREBY APPROVE the annexed Certificate entitled “CERTIFICATE OF AMENDMENT OF
THE ORGANIZATION CERTIFICATE OF BANKERS TRUST COMPANY under Section 8005 of the
Banking Law” dated February 27, 2002, providing for a change of name of BANKERS
TRUST COMPANY to DEUTSCHE BANK TRUST COMPANY AMERICAS.

Witness, my hand and official seal of the Banking Department at the City of New
York,

	 	 	 
	 	 	
this 14th day of March two thousand and two.
	 	 	 
	 	 	 
	 	 	
/s/ P. Vincent Conlon
	 	 	

	 	 	
Deputy Superintendent of Banks

 

 

CERTIFICATE OF AMENDMENT

OF THE

ORGANIZATION CERTIFICATE

OF

BANKERS TRUST COMPANY

Under Section 8005 of the Banking Law

     We, James T. Byrne Jr., and Lea Lahtinen, being respectively the Secretary, and
Vice President and an Assistant Secretary of Bankers Trust Company, do hereby
certify:

     1.   The name of corporation is Bankers Trust Company.

     2.   The organization certificate of said corporation was filed by the
Superintendent of Banks on the 5th day of March, 1903.

     3.   Pursuant to Section 8005 of the Banking Law, attached hereto as Exhibit A is
a certificate issued by the State of New York, Banking Department listing all
of the amendments to the Organization Certificate of Bankers Trust Company
since its organization that have been filed in the Office of the Superintendent
of Banks.

     4.   The organization certificate as heretofore amended is hereby amended to
change the name of Bankers Trust Company to Deutsche Bank Trust Company
Americas to be effective on April 15, 2002.

     5.   The first paragraph number 1 of the organization of Bankers Trust Company
with the reference to the name of the Bankers Trust Company, which reads as
follows:

		
	 	     “1.   The name of the corporation is Bankers Trust
Company.”
	 
	is hereby amended to read as follows effective on April 15, 2002:
	 
	 	     “1.   The name of the corporation is Deutsche Bank
Trust Company Americas.”

 

 

     6.   The foregoing amendment of the organization certificate was authorized by
unanimous written consent signed by the holder of all outstanding shares
entitled to vote thereon.

IN WITNESS WHEREOF, we have made and subscribed this certificate this 27th day
of February, 2002.

	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	/s/ James T. Byrne Jr.
	 	 	 	 	 	 	

	 	 	 	 	 	 	James T. Byrne Jr.
	 	 	 	 	 	 	Secretary
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	/s/ Lea Lahtinen
	 	 	 	 	 	 	

	 	 	 	 	 	 	Lea Lahtinen
	 	 	 	 	 	 	Vice President and Assistant Secretary
	 	 	 	 	 	 	 
	State of New York	 	
)

)
	 	 

ss.:	 	 
	County of New York	 	
)	 	 	 	 

     Lea Lahtinen, being duly sworn, deposes and says that she is a Vice President
and an Assistant Secretary of Bankers Trust Company, the corporation described
in the foregoing certificate; that she has read the foregoing certificate and
knows the contents thereof, and that the statements therein contained are true.

	 	 	 
	 	 	 
	 	 	
/s/ Lea Lahtinen
	 	 	

	 	 	
Lea Lahtinen
	 	 	 
	Sworn to before me this 27th day

of February, 2002	 	 
	 	 	 
	 	 	 
	/s/ Sandra L. West

Notary Public	 	 

SANDRA L. WEST

Notary Public, State of New York

No. 01WE4942401

Qualified in New York County

Commission Expires September 19, 2002

 

 

EXHIBIT A

State of New York

Banking Department

I, P. VINCENT CONLON, Deputy Superintendent of Banks of the State of New York,
DO HEREBY CERTIFY:

THAT, the records in the Office of the Superintendent of Banks indicate that
BANKERS TRUST COMPANY is a corporation duly organized and existing under the
laws of the State of New York as a trust company, pursuant to Article III of
the Banking Law; and

THAT, the Organization Certificate of BANKERS TRUST COMPANY was filed in the
Office of the Superintendent of Banks on March 5, 1903, and such corporation
was authorized to commence business on March 24, 1903; and

THAT, the following amendments to its Organization Certificate have been filed
in the Office of the Superintendent of Banks as of the dates specified:

	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in number of
directors — filed on January 14, 1905
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on August 4, 1909
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in number of
directors — filed on February 1, 1911
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in number of
directors — filed on June 17, 1911
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on August 8, 1911
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in number of
directors — filed on August 8, 1911
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on March 21, 1912
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a decrease in number of
directors — filed on January 15, 1915

1

 

	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a decrease in number of
directors — filed on December 18, 1916
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on April 20, 1917
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in number of
directors — filed on April 20, 1917
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on December 28, 1918
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on December 4, 1919
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in number of
directors — filed on January 15, 1926
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on June 12, 1928
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a change in shares — filed
on April 4, 1929
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a minimum and maximum
number of directors — filed on January 11, 1934
	 
	 	 	Certificate of Extension to perpetual — filed on
January 13, 1941
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a minimum and maximum
number of directors — filed on January 13, 1941
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on December 11, 1944
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed January 30, 1953
	 
	 	 	Restated Certificate of Incorporation — filed
November 6, 1953
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on April 8, 1955

2

 

	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on February 1, 1960
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on July 14, 1960
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a change in shares — filed
on September 30, 1960
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on January 26, 1962
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for a change in shares — filed
on September 9, 1963
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on February 7, 1964
	 
	 	 	Certificate of Amendment of Certificate of
Incorporation providing for an increase in capital
stock — filed on February 24, 1965
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for a decrease in capital stock
— filed January 24, 1967
	 
	 	 	Restated Organization Certificate — filed June 1, 1971
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed October 29, 1976
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed December 22, 1977
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed August 5, 1980
	 
	 	 	Restated Organization Certificate — filed July 1, 1982
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed December 27, 1984
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed September 18, 1986

3

 

	 	 	Certificate of Amendment of the Organization
Certificate providing for a minimum and maximum number
of directors — filed January 22, 1990
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed June 28, 1990
	 
	 	 	Restated Organization Certificate — filed August 20,
1990
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed June 26, 1992
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed March 28, 1994
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed June 23, 1995
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed December 27, 1995
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed March 21, 1996
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed December 27, 1996
	 
	 	 	Certificate of Amendment to the Organization
Certificate providing for an increase in capital stock
— filed June 27, 1997
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed September 26, 1997
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed December 29, 1997
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed March 26, 1998
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed June 23, 1998

4

 

	 	 	Restated Organization Certificate — filed August 31,
1998
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed September 25, 1998
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for an increase in capital stock
— filed December 18, 1998; and
	 
	 	 	Certificate of Amendment of the Organization
Certificate providing for a change in the number of
directors — filed September 3, 1999; and

THAT, no amendments to its Restated Organization Certificate have been filed in
the Office of the Superintendent of Banks except those set forth above; and
attached hereto; and

I DO FURTHER CERTIFY THAT, BANKERS TRUST COMPANY is validly existing as a
banking organization with its principal office and place of business located at
130 Liberty Street, New York, New York.

WITNESS, my hand and official seal of the Banking Department at the City of New
York this 16th day of October in the Year Two Thousand and One.

	 	 	 
	 	 	 
	 	 	
/s/ P. Vincent Conlon
	 	 	

	 	 	
Deputy Superintendent of Banks

5

 

DEUTSCHE BANK TRUST COMPANY AMERICAS

BY-LAWS

APRIL 15, 2002

Deutsche Bank Trust Company Americas

New York

6

 

BY-LAWS

of

Deutsche Bank Trust Company Americas

ARTICLE I

MEETINGS OF STOCKHOLDERS

SECTION 1.   The annual meeting of the stockholders of this Company shall be held
at the office of the Company in the Borough of Manhattan, City of New York, in
January of each year, for the election of directors and such other business as
may properly come before said meeting.

SECTION 2.   Special meetings of stockholders other than those regulated by
statute may be called at any time by a majority of the directors. It shall be
the duty of the Chairman of the Board, the Chief Executive Officer, the
President or any Co-President to call such meetings whenever requested in
writing to do so by stockholders owning a majority of the capital stock.

SECTION 3.   At all meetings of stockholders, there shall be present, either in
person or by proxy, stockholders owning a majority of the capital stock of the
Company, in order to constitute a quorum, except at special elections of
directors, as provided by law, but less than a quorum shall have power to
adjourn any meeting.

SECTION 4.   The Chairman of the Board or, in his absence, the Chief Executive
Officer or, in his absence, the President or any Co-President or, in their
absence, the senior officer present, shall preside at meetings of the
stockholders and shall direct the proceedings and the order of business. The
Secretary shall act as secretary of such meetings and record the proceedings.

ARTICLE II

DIRECTORS

SECTION 1.   The affairs of the Company shall be managed and its corporate powers
exercised by a Board of Directors consisting of such number of directors, but
not less than seven nor more than fifteen, as may from time to time be fixed by
resolution adopted by a majority of the directors then in office, or by the
stockholders. In the event of any increase in the number of directors,
additional directors may be elected within the limitations so fixed, either by
the stockholders or within the limitations imposed by law, by a majority of
directors then in office. One-third of the number of directors, as fixed from
time to time, shall constitute a quorum. Any one or more members of the Board
of Directors or any Committee thereof may participate in a meeting of the Board
of Directors or Committee thereof by means of a conference telephone, video
conference or similar communications equipment which allows all persons
participating in the meeting to hear each other at the same time.
Participation by such means shall constitute presence in person at such a
meeting.

7

 

All directors hereafter elected shall hold office until the next annual meeting
of the stockholders and until their successors are elected and have qualified.

No Officer-Director who shall have attained age 65, or earlier relinquishes his
responsibilities and title, shall be eligible to serve as a director.

SECTION 2.   Vacancies not exceeding one-third of the whole number of the Board
of Directors may be filled by the affirmative vote of a majority of the
directors then in office, and the directors so elected shall hold office for
the balance of the unexpired term.

SECTION 3.   The Chairman of the Board shall preside at meetings of the Board of
Directors. In his absence, the Chief Executive Officer or, in his absence the
President or any Co-President or, in their absence such other director as the
Board of Directors from time to time may designate shall preside at such
meetings.

SECTION 4.   The Board of Directors may adopt such Rules and Regulations for the
conduct of its meetings and the management of the affairs of the Company as it
may deem proper, not inconsistent with the laws of the State of New York, or
these By-Laws, and all officers and employees shall strictly adhere to, and be
bound by, such Rules and Regulations.

SECTION 5.   Regular meetings of the Board of Directors shall be held from time
to time provided, however, that the Board of Directors shall hold a regular
meeting not less than six times a year, provided that during any three
consecutive calendar months the Board of Directors shall meet at least once,
and its Executive Committee shall not be required to meet at least once in each
thirty day period during which the Board of Directors does not meet. Special
meetings of the Board of Directors may be called upon at least two day’s notice
whenever it may be deemed proper by the Chairman of the Board or, the Chief
Executive Officer or, the President or any Co-President or, in their absence,
by such other director as the Board of Directors may have designated pursuant
to Section 3 of this Article, and shall be called upon like notice whenever any
three of the directors so request in writing.

SECTION 6.   The compensation of directors as such or as members of committees
shall be fixed from time to time by resolution of the Board of Directors.

ARTICLE III

COMMITTEES

SECTION 1.   There shall be an Executive Committee of the Board consisting of not
less than five directors who shall be appointed annually by the Board of
Directors. The Chairman of the Board shall preside at meetings of the
Executive Committee. In his absence, the Chief Executive Officer or, in his
absence, the President or any Co-President or, in their absence, such other
member of the Committee as the Committee from time to time may designate shall
preside at such meetings.

8

 

The Executive Committee shall possess and exercise to the extent permitted by
law all of the powers of the Board of Directors, except when the latter is in
session, and shall keep minutes of its proceedings, which shall be presented to
the Board of Directors at its next subsequent meeting. All acts done and
powers and authority conferred by the Executive Committee from time to time
shall be and be deemed to be, and may be certified as being, the act and under
the authority of the Board of Directors.

A majority of the Committee shall constitute a quorum, but the Committee may
act only by the concurrent vote of not less than one-third of its members, at
least one of who must be a director other than an officer. Any one or more
directors, even though not members of the Executive Committee, may attend any
meeting of the Committee, and the member or members of the Committee present,
even though less than a quorum, may designate any one or more of such directors
as a substitute or substitutes for any absent member or members of the
Committee, and each such substitute or substitutes shall be counted for quorum,
voting, and all other purposes as a member or members of the Committee.

SECTION 2.   There shall be an Audit Committee appointed annually by resolution
adopted by a majority of the entire Board of Directors which shall consist of
such number of directors, who are not also officers of the Company, as may from
time to time be fixed by resolution adopted by the Board of Directors. The
Chairman shall be designated by the Board of Directors, who shall also from
time to time fix a quorum for meetings of the Committee. Such Committee shall
conduct the annual directors’ examinations of the Company as required by the
New York State Banking Law; shall review the reports of all examinations made
of the Company by public authorities and report thereon to the Board of
Directors; and shall report to the Board of Directors such other matters as it
deems advisable with respect to the Company, its various departments and the
conduct of its operations.

In the performance of its duties, the Audit Committee may employ or retain,
from time to time, expert assistants, independent of the officers or personnel
of the Company, to make studies of the Company’s assets and liabilities as the
Committee may request and to make an examination of the accounting and auditing
methods of the Company and its system of internal protective controls to the
extent considered necessary or advisable in order to determine that the
operations of the Company, including its fiduciary departments, are being
audited by the General Auditor in such a manner as to provide prudent and
adequate protection. The Committee also may direct the General Auditor to make
such investigation as it deems necessary or advisable with respect to the
Company, its various departments and the conduct of its operations. The
Committee shall hold regular quarterly meetings and during the intervals
thereof shall meet at other times on call of the Chairman.

SECTION 3.   The Board of Directors shall have the power to appoint any other
Committees as may seem necessary, and from time to time to suspend or continue
the powers and duties of such Committees. Each Committee appointed pursuant to
this Article shall serve at the pleasure of the Board of Directors.

9

 

ARTICLE IV

OFFICERS

SECTION 1.   The Board of Directors shall elect from among their number a
Chairman of the Board and a Chief Executive Officer; and shall also elect a
President, or two or more Co-Presidents, and may also elect, one or more Vice
Chairmen, one or more Executive Vice Presidents, one or more Managing
Directors, one or more Senior Vice Presidents, one or more Directors, one or
more Vice Presidents, one or more General Managers, a Secretary, a Controller,
a Treasurer, a General Counsel, a General Auditor, a General Credit Auditor,
who need not be directors. The officers of the corporation may also include
such other officers or assistant officers as shall from time to time be elected
or appointed by the Board. The Chairman of the Board or the Chief Executive
Officer or, in their absence, the President or any Co-President, or any Vice
Chairman, may from time to time appoint assistant officers. All officers
elected or appointed by the Board of Directors shall hold their respective
offices during the pleasure of the Board of Directors, and all assistant
officers shall hold office at the pleasure of the Board or the Chairman of the
Board or the Chief Executive Officer or, in their absence, the President, or
any Co-President or any Vice Chairman. The Board of Directors may require any
and all officers and employees to give security for the faithful performance of
their duties.

SECTION 2.   The Board of Directors shall designate the Chief Executive Officer
of the Company who may also hold the additional title of Chairman of the Board,
or President, or any Co-President, and such person shall have, subject to the
supervision and direction of the Board of Directors or the Executive Committee,
all of the powers vested in such Chief Executive Officer by law or by these
By-Laws, or which usually attach or pertain to such office. The other officers
shall have, subject to the supervision and direction of the Board of Directors
or the Executive Committee or the Chairman of the Board or, the Chief Executive
Officer, the powers vested by law or by these By-Laws in them as holders of
their respective offices and, in addition, shall perform such other duties as
shall be assigned to them by the Board of Directors or the Executive Committee
or the Chairman of the Board or the Chief Executive Officer.

The General Auditor shall be responsible, through the Audit Committee, to the
Board of Directors for the determination of the program of the internal audit
function and the evaluation of the adequacy of the system of internal controls.
Subject to the Board of Directors, the General Auditor shall have and may
exercise all the powers and shall perform all the duties usual to such office
and shall have such other powers as may be prescribed or assigned to him from
time to time by the Board of Directors or vested in him by law or by these
By-Laws. He shall perform such other duties and shall make such
investigations, examinations and reports as may be prescribed or required by
the Audit Committee. The General Auditor shall have unrestricted access to all
records and premises of the Company and shall delegate such authority to his
subordinates. He shall have the duty to report to the Audit Committee on all
matters concerning the internal audit program and the adequacy of the system of
internal controls of the Company which he deems advisable or which the Audit
Committee may request. Additionally, the General Auditor shall have the duty
of reporting independently of all officers of the Company to the Audit
Committee at least quarterly on any matters concerning the internal audit
program and the adequacy of the system of internal controls of the Company that
should be brought to the attention of the directors except those matters
responsibility for which has been vested in the General Credit Auditor.

10

 

Should the General Auditor deem any matter to be of special immediate
importance, he shall report thereon forthwith to the Audit Committee. The
General Auditor shall report to the Chief Financial Officer only for
administrative purposes.

The General Credit Auditor shall be responsible to the Chief Executive Officer
and, through the Audit Committee, to the Board of Directors for the systems of
internal credit audit, shall perform such other duties as the Chief Executive
Officer may prescribe, and shall make such examinations and reports as may be
required by the Audit Committee. The General Credit Auditor shall have
unrestricted access to all records and may delegate such authority to
subordinates.

SECTION 3.   The compensation of all officers shall be fixed under such plan or
plans of position evaluation and salary administration as shall be approved
from time to time by resolution of the Board of Directors.

SECTION 4.   The Board of Directors, the Executive Committee, the Chairman of the
Board, the Chief Executive Officer or any person authorized for this purpose by
the Chief Executive Officer, shall appoint or engage all other employees and
agents and fix their compensation. The employment of all such employees and
agents shall continue during the pleasure of the Board of Directors or the
Executive Committee or the Chairman of the Board or the Chief Executive Officer
or any such authorized person; and the Board of Directors, the Executive
Committee, the Chairman of the Board, the Chief Executive Officer or any such
authorized person may discharge any such employees and agents at will.

ARTICLE V

INDEMNIFICATION OF DIRECTORS, OFFICERS AND OTHERS

SECTION 1.   The Company shall, to the fullest extent permitted by Section 7018
of the New York Banking Law, indemnify any person who is or was made, or
threatened to be made, a party to an action or proceeding, whether civil or
criminal, whether involving any actual or alleged breach of duty, neglect or
error, any accountability, or any actual or alleged misstatement, misleading
statement or other act or omission and whether brought or threatened in any
court or administrative or legislative body or agency, including an action by
or in the right of the Company to procure a judgment in its favor and an action
by or in the right of any other corporation of any type or kind, domestic or
foreign, or any partnership, joint venture, trust, employee benefit plan or
other enterprise, which any director or officer of the Company is servicing or
served in any capacity at the request of the Company by reason of the fact that
he, his testator or intestate, is or was a director or officer of the Company,
or is serving or served such other corporation, partnership, joint venture,
trust, employee benefit plan or other enterprise in any capacity, against
judgments, fines, amounts paid in settlement, and costs, charges and expenses,
including attorneys’ fees, or any appeal therein; provided, however, that no
indemnification shall be provided to any such person if a judgment or other
final adjudication adverse to the director or officer establishes that (i) his
acts were committed in bad faith or were the result of active and deliberate
dishonesty and, in either case, were material to the cause of action so
adjudicated, or (ii) he personally gained in fact a financial profit or other
advantage to which he was not legally entitled.

11

 

SECTION 2.   The Company may indemnify any other person to whom the Company is
permitted to provide indemnification or the advancement of expenses by
applicable law, whether pursuant to rights granted pursuant to, or provided by,
the New York Banking Law or other rights created by (i) a resolution of
stockholders, (ii) a resolution of directors, or (iii) an agreement providing
for such indemnification, it being expressly intended that these By-Laws
authorize the creation of other rights in any such manner.

SECTION 3.   The Company shall, from time to time, reimburse or advance to any
person referred to in Section 1 the funds necessary for payment of expenses,
including attorneys’ fees, incurred in connection with any action or proceeding
referred to in Section 1, upon receipt of a written undertaking by or on behalf
of such person to repay such amount(s) if a judgment or other final
adjudication adverse to the director or officer establishes that (i) his acts
were committed in bad faith or were the result of active and deliberate
dishonesty and, in either case, were material to the cause of action so
adjudicated, or (ii) he personally gained in fact a financial profit or other
advantage to which he was not legally entitled.

SECTION 4.   Any director or officer of the Company serving (i) another
corporation, of which a majority of the shares entitled to vote in the election
of its directors is held by the Company, or (ii) any employee benefit plan of
the Company or any corporation referred to in clause (i) in any capacity shall
be deemed to be doing so at the request of the Company. In all other cases,
the provisions of this Article V will apply (i) only if the person serving
another corporation or any partnership, joint venture, trust, employee benefit
plan or other enterprise so served at the specific request of the Company,
evidenced by a written communication signed by the Chairman of the Board, the
Chief Executive Officer, the President or any Co-President, and (ii) only if
and to the extent that, after making such efforts as the Chairman of the Board,
the Chief Executive Officer, the President or any Co-President shall deem
adequate in the circumstances, such person shall be unable to obtain
indemnification from such other enterprise or its insurer.

SECTION 5.   Any person entitled to be indemnified or to the reimbursement or
advancement of expenses as a matter of right pursuant to this Article V may
elect to have the right to indemnification (or advancement of expenses)
interpreted on the basis of the applicable law in effect at the time of
occurrence of the event or events giving rise to the action or proceeding, to
the extent permitted by law, or on the basis of the applicable law in effect at
the time indemnification is sought.

SECTION 6.   The right to be indemnified or to the reimbursement or advancement
of expense pursuant to this Article V (i) is a contract right pursuant to which
the person entitled thereto may bring suit as if the provisions hereof were set
forth in a separate written contract between the Company and the director or
officer, (ii) is intended to be retroactive and shall be available with respect
to events occurring prior to the adoption hereof, and (iii) shall continue to
exist after the rescission or restrictive modification hereof with respect to
events occurring prior thereto.

SECTION 7.   If a request to be indemnified or for the reimbursement or
advancement of expenses pursuant hereto is not paid in full by the Company
within thirty days after a written claim has been received by the Company, the
claimant may at any time thereafter bring suit against the Company to recover
the unpaid amount of the claim and, if successful in whole or in part, the
claimant shall be entitled also to be paid the expenses of prosecuting such
claim. Neither the failure of the

12

 

Company (including its Board of Directors, independent legal counsel, or its
stockholders) to have made a determination prior to the commencement of such
action that indemnification of or reimbursement or advancement of expenses to
the claimant is proper in the circumstance, nor an actual determination by the
Company (including its Board of Directors, independent legal counsel, or its
stockholders) that the claimant is not entitled to indemnification or to the
reimbursement or advancement of expenses, shall be a defense to the action or
create a presumption that the claimant is not so entitled.

SECTION 8.   A person who has been successful, on the merits or otherwise, in the
defense of a civil or criminal action or proceeding of the character described
in Section 1 shall be entitled to indemnification only as provided in Sections 1
and 3, notwithstanding any provision of the New York Banking Law to the
contrary.

ARTICLE VI

SEAL

SECTION 1.   The Board of Directors shall provide a seal for the Company, the
counterpart dies of which shall be in the charge of the Secretary of the
Company and such officers as the Chairman of the Board, the Chief Executive
Officer or the Secretary may from time to time direct in writing, to be affixed
to certificates of stock and other documents in accordance with the directions
of the Board of Directors or the Executive Committee.

SECTION 2.   The Board of Directors may provide, in proper cases on a specified
occasion and for a specified transaction or transactions, for the use of a
printed or engraved facsimile seal of the Company.

ARTICLE VII

CAPITAL STOCK

SECTION 1.   Registration of transfer of shares shall only be made upon the books
of the Company by the registered holder in person, or by power of attorney,
duly executed, witnessed and filed with the Secretary or other proper officer
of the Company, on the surrender of the certificate or certificates of such
shares properly assigned for transfer.

13

 

ARTICLE VIII

CONSTRUCTION

SECTION 1.   The masculine gender, when appearing in these By-Laws, shall be
deemed to include the feminine gender.

ARTICLE IX

AMENDMENTS

SECTION 1.   These By-Laws may be altered, amended or added to by the Board of
Directors at any meeting, or by the stockholders at any annual or special
meeting, provided notice thereof has been given.

     I, Dorothy Robinson, Vice President, of Deutsche Bank Trust Company Americas,
New York, New York, hereby certify that the foregoing is a complete, true and
correct copy of the By-Laws of Deutsche Bank Trust Company Americas, and that
the same are in full force and effect at this date.

	 	 	 
	 	 	 
	 	 	/s/   Dorothy Robinson
	 	 	

	 	 	
Vice President
	 	 	 
	 	 	 
	DATED AS OF:  May 9, 2003	 	 

14

 

	 	 	 	 
	DEUTSCHE BANK TRUST COMPANY AMERICAS

Legal Title of Bank	 	
FFIEC 031

RC-1
	 	 	 	 
	NEW YORK

City	 	
11
	 	 	 	 
	NY

State	10019

Zip Code	 	 
	 	 	 	 
	FDIC Certificate
Number — 00623	 	 

Consolidated Report of Condition for Insured Commercial

and State-Chartered Savings Banks for December 31, 2002

All schedules are to be reported in thousands of dollars. Unless otherwise
indicated,
reported the amount outstanding as of the last business day of the quarter.

Schedule RC — Balance Sheet

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Dollar Amounts in Thousands	 	 	RCFD	 	 	 	 	 	 	 	 
	

	ASSETS
	 	 	/ / / / / / / / / / / / / / / / / /	 	 	 	 
	1.
	 	Cash and balances due from depository institutions (from Schedule RC-A):	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	 	 
	 
	 	a.	 	Noninterest-bearing balances and currency and coin (1)	 	 	 	 	 	 	 	 	 	 	0081	 	 	 	2,120,000	 	 	 	1.a.	 
	 
	 	b.	 	Interest-bearing balances (2)	 	 	 	 	 	 	 	 	 	 	0071	 	 	 	416,000	 	 	 	1.b.	 
	2.
	 	Securities:	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	 	 
	 
	 	a.	 	Held-to-maturity securities (from Schedule RC-B, column A)	 	 	 	 	 	 	 	 	 	 	1754	 	 	 	0	 	 	 	2.a.	 
	 
	 	b.	 	Available-for-sale securities (from Schedule RC-B, column D)	 	 	 	 	 	 	 	 	 	 	1773	 	 	 	91,000	 	 	 	2.b.	 
	3.
	 	Federal funds sold and securities purchased under agreements to resell	 	 	 	 	 	 	 	 	 	 	RCON	 	 	 	 	 	 	 	3.	 
	 
	 	a.	 	Federal funds sold in domestic offices	 	 	 	 	 	 	 	 	 	 	B987	 	 	 	3,447,000	 	 	 	3.a	 
	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	RCFD	 	 	 	 	 	 	 	 	 
	 
	 	b.	 	Securities purchased under agreements to resell (3)	 	 	 	 	 	 	 	 	 	 	B989	 	 	 	9,504,000	 	 	 	3.b	 
	4.
	 	Loans and lease financing receivables (from Schedule RC-C):	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	 	 
	 
	 	a.	 	Loans and leases held for sale	 	 	 	 	 	 	 	 	 	 	5369	 	 	 	0	 	 	 	4.a.	 
	 
	 	b.	 	Loans and leases, net unearned income	 	 	B528	 	 	 	10,255,000	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	4.b.	 
	 
	 	c.	 	LESS: Allowance for loan and lease losses	 	 	3123	 	 	 	486,000	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	4.c.	 
	 
	 	d.	 	Loans and leases, net of unearned income and	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	 	 
	 
	 	 	 	allowance (item 4.b minus 4.c)	 	 	 	 	 	 	 	 	 	 	B529	 	 	 	9,768,000	 	 	 	4.d.	 
	5.
	 	Trading Assets (from schedule RC-D)	 	 	 	 	 	 	 	 	 	 	3545	 	 	 	9,962,000	 	 	 	5.	 
	6.
	 	Premises and fixed assets (including capitalized leases)	 	 	 	 	 	 	 	 	 	 	2145	 	 	 	525,000	 	 	 	6.	 
	7.
	 	Other real estate owned (from Schedule RC-M)	 	 	 	 	 	 	 	 	 	 	2150	 	 	 	61,000	 	 	 	7.	 
	8.
	 	Investments in unconsolidated subsidiaries and associated companies (from Schedule RC-M)	 	 	 	 	 	 	 	 	 	 	2130	 	 	 	3,037,000	 	 	 	8.	 
	9.
	 	Customers’ liability to this bank on acceptances outstanding	 	 	 	 	 	 	 	 	 	 	2155	 	 	 	0	 	 	 	9.	 
	10.
	 	Intangible assets	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / /	 	 	 	 
	 
	 	a.	 	Goodwill	 	 	 	 	 	 	 	 	 	 	3163	 	 	 	0	 	 	 	10.a	 
	 
	 	b.	 	Other intangible assets (from Schedule RC-M)	 	 	 	 	 	 	 	 	 	 	0426	 	 	 	31,000	 	 	 	10.b	 
	11.
	 	Other assets (from Schedule RC-F)	 	 	 	 	 	 	 	 	 	 	2160	 	 	 	1,922,000	 	 	 	11.	 
	12.
	 	Total assets (sum of items 1 through 11)	 	 	 	 	 	 	 	 	 	 	2170	 	 	 	40,885,000	 	 	 	12.	 

	(1)	 	Includes cash items in process of collection and unposted debits.
	 
	(2)	 	Includes time certificates of deposit not held for trading.
	 
	(3)	 	Includes all securities resale agreements in domestic and foreign offices,
regardless of maturity.

15

 

	 	 	 	 
	DEUTSCHE BANK TRUST COMPANY AMERICAS

Legal Title of Bank	 	
FFIEC 031

RC-2
	 	 	 	 
	FDIC Certificate
Number — 00623	 	
12

Schedule RC — Continued

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	Dollar Amounts in Thousands	 	 	 	 	 	 	 	 	 	 	 	 
	

	LIABILITIES
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	13.
	 	Deposits:	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	 	 
	 	 	a.	 	In domestic offices (sum of totals of columns A and C from Schedule RC-E, part I)	 	 	 	 	 	 	 	 	 	 	RCON 2200	 	 	 	12,176,000	 	 	 	13.a.	 
	 	 	 	 	(1)
	 	Noninterest-bearing (1)	 	 	RCON 6631	 	 	 	4,172,000	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	13.a.(1)	 
	 	 	 	 	(2)
	 	Interest-bearing	 	 	RCON 6636	 	 	 	8,004,000	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	13.a.(2)	 
	 	 	b.	 	In foreign offices, Edge and Agreement subsidiaries, and IBFs	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	 	 
	 	 	 	 	(from Schedule RC-E
part II)	 	 	 	 	 	 	 	 	 	 	RCFN 2200	 	 	 	9,836,000	 	 	 	13.b.	 
	 	 	 	 	(1)	 	Noninterest-bearing	 	 	RCFN 6631	 	 	 	1,759,000	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	13.b.(1)	 
	 	 	 	 	(2)	 	Interest-bearing	 	 	RCFN 6636	 	 	 	8,077,000	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	13.b.(2)	 
	14.	 	Federal funds purchased and securities sold under agreements to repurchase:	 	 	 	 	 	 	 	 	 	 	RCON	 	 	 	 	 	 	 	 	 
	 	 	a.	 	Federal Funds purchased in domestic offices (2)	 	 	 	 	 	 	 	 	 	 	B993	 	 	 	7,330,000	 	 	 	14.a	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	RCFD	 	 	 	 	 	 	 	 	 
	 	 	b.	 	Securities sold under agreements to repurchase (3)	 	 	 	 	 	 	 	 	 	 	8995	 	 	 	0	 	 	 	14.b	 
	15.	 	Trading liabilities (from Schedule RC-D)	 	 	 	 	 	 	 	 	 	 	RCFD 3548	 	 	 	1,541,000	 	 	 	15.	 
	16.	 	Other borrowed money (includes mortgage indebtedness and obligations under
capitalized leases):	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	 	 
	 	 	 	 	(from Schedule RC-M):	 	 	 	 	 	 	 	 	 	 	RCFD 3190	 	 	 	750,000	 	 	 	16.	 
	17.	 	Not Applicable	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	17.	 
	18.	 	Bank’s liability on acceptances executed and outstanding	 	 	 	 	 	 	 	 	 	 	RCFD 2920	 	 	 	0	 	 	 	18.	 
	19.	 	Subordinated notes and debentures (2)	 	 	 	 	 	 	 	 	 	 	RCFD 3200	 	 	 	225,000	 	 	 	19.	 
	20.	 	Other liabilities (from Schedule RC-G)	 	 	 	 	 	 	 	 	 	 	RCFD 2930	 	 	 	1,593,000	 	 	 	20.	 
	21.	 	Total liabilities (sum of items 13 through 20)	 	 	 	 	 	 	 	 	 	 	RCFD 2948	 	 	 	33,451,000	 	 	 	21.	 
	22.	 	Minority interest in consolidated subsidiaries	 	 	 	 	 	 	 	 	 	 	RCFD 3000	 	 	 	620,000	 	 	 	22.	 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	 	 
	EQUITY CAPITAL
	 	 	 	 	 	 	 	 	 	 	/ / / / / / / / / / / / / / / / / / / / / / / / / / /	 	 	 	 
	23.	 	Perpetual preferred stock and related surplus	 	 	 	 	 	 	 	 	 	 	RCFD 3838	 	 	 	1,500,000	 	 	 	23.	 
	24.	 	Common stock	 	 	 	 	 	 	 	 	 	 	RCFD 3230	 	 	 	2,127,000	 	 	 	24.	 
	25.	 	Surplus (exclude all surplus related to preferred stock)	 	 	 	 	 	 	 	 	 	 	RCFD 3839	 	 	 	584,000	 	 	 	25.	 
	26.	 	a.	 	Retained earnings	 	 	 	 	 	 	 	 	 	 	RCFD 3632	 	 	 	2,662,000	 	 	 	26.a.	 
	 	 	b.	 	Accumulated other comprehensive Income (3)	 	 	 	 	 	 	 	 	 	 	RCFD B530	 	 	 	(59,000	)	 	 	26.b.	 
	27.	 	Other equity capital components (4)	 	 	 	 	 	 	 	 	 	 	RCFD A130	 	 	 	0	 	 	 	27.	 
	28.	 	Total equity capital (sum of items 23 through 27)	 	 	 	 	 	 	 	 	 	 	RCFD 3210	 	 	 	6,814,000	 	 	 	28.	 
	29.	 	Total liabilities, minority interest, and equity capital (sum of
items 21, 22, and 28)	 	 	 	 	 	 	 	 	 	 	RCFD 3300	 	 	 	40,885,000	 	 	 	29.	 

Memorandum

To be reported only with the March Report of Condition.

	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	 	 	 	 	 	 	 	 	Number	 	 	 	 
	 	 	 	 	 	 	 	 	
	 	 	 	 
	1.
	 	Indicate in the box at the right the number of the statement below that
best describes the most comprehensive level of auditing work performed for the bank by independent external auditors as of any date
during 2001	 	RCFD 6724	 	 	N/A	 	 	 	M.1	 

	 	 	 
	1	
=
	Independent audit of the bank conducted in accordance
with generally accepted auditing standards by a certified
public accounting firm which submits a report on the bank

	2	
=
	Independent audit of the bank’s parent holding company
conducted in accordance with generally accepted auditing
standards by a certified public accounting firm which
submits a report on the consolidated holding company
(but not on the bank separately)

	3	
=
	Attestation on bank management’s assertion on the
effectiveness of the bank’s internal control over financial
reporting by a certified public accounting firm

	4	
=
	Directors’ examination of the bank conducted in
accordance with generally accepted auditing standards
by a certified public accounting firm (may be required by
state chartering authority)
	5	=
	Directors’ examination of the bank performed by other
external auditors (may be required by state chartering
authority)
	6	=
	Review of the bank’s financial statements by external
auditors

	7	
=
	Compilation of the bank’s financial statements by external
auditors
	8	=
	Other audit procedures (excluding tax preparation work)
	9	
=
	No external audit work

	(1)	 	Includes total demand deposits and noninterest-bearing time and savings
deposits.
	 
	(2)	 	Report overnight Federal Home Loan Bank advances in Schedule RC, Item 16,
“other borrowed money.”
	 
	(3)	 	Includes all securities repurchase agreements in domestic and foreign
offices, regardless of maturity.
	 
	(4)	 	Includes limited-life preferred stock and related surplus.
	 
	(5)	 	Includes net unrealized holding gains (losses) on available-for-sale
securities, accumulated net gains (losses) on
cash flow hedges, cumulative foreign currency translation adjustments, and
minimum pension liability adjustments.
	 
	(6)	 	Includes treasury stock and unearned Employee Stock Plan shares.

16

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