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ENRON <br /> i <br /> ARTICLE 1X <br /> BYLAWS <br /> The initial Bylaws of the corporation shall be adopted by the corporation's initial Board of Directors. <br /> • The power to amend or repeal tile * initial Bylaws or to adopt new Bylaws shall be in the Members. The <br /> Bylaws may contain . any provisions for the regulation and management of the corporation which are not <br /> inconsistent with the North Carolina Condominium Act, the North Carolina Nonprofit Corporation Act, the <br /> Declaration or these Articles of Incorporation. <br /> ARTICLE X <br /> AAWIgDAfENT <br /> These Articles of Incorporation may be amended (a) at any annual or special meeting of the <br /> Members duly held in accordance with the provisions of the Bylaws of the corporation with respect to which <br /> notice of such purpose has been given, and at which a quorum is present, by the affirmative vote of Members <br /> entitled and qualified to vote present at such meeting in person or by proxy who represent not less than a <br /> majority- of the total number of votes allocated to the Units. represented by the Members Present in person or <br /> by proxy at such meeting, or (b) by written consent of Members entitled and qualified to vote who represent <br /> not less than a majority of the total number of votes allocated to all Units as provided in the Declaration. In <br /> the event there are no Members entitled , and qualified to vote, these Articles of Incorporation may be <br /> amended as provided by the applicable provisions of the North Carolina Nonprofit Corporation Act. <br /> IN WITNESS WHEREOF, I have hereunto set my hand and seal this day of <br /> 200 <br /> (SEAL) <br /> George A. Horton, III; Incorporator <br />