Attached files
| file | filename |
|---|---|
| EX-21.1 - SUBSIDIARIES - West Texas Resources, Inc. | westtexas_ex2101.htm |
| EX-3.3 - BYLAWS - West Texas Resources, Inc. | westtexas_ex0303.htm |
| EX-10.2 - LEASE AGREENENT - West Texas Resources, Inc. | westtexas_ex1002.htm |
| EX-5.1 - LEGAL OPINION - West Texas Resources, Inc. | westtexas_ex0501.htm |
| EX-10.1 - STOCK INCENTIVE PLAN - West Texas Resources, Inc. | westtexas_ex1001.htm |
| EX-23.2 - CONSENT - West Texas Resources, Inc. | westtexas_ex2302.htm |
| EX-10.3 - FORM OF REGISTRATION RIGHTS AGREEMENT - West Texas Resources, Inc. | westtexas_ex1003.htm |
| EX-3.2 - AMENDMENT TO ARTICLES OF INCORPORATION - West Texas Resources, Inc. | westtexas_s1-ex302.htm |
| S-1 - FORM S-1 REGISTRATION STATEMENT - West Texas Resources, Inc. | westtexas_s1-120711.htm |
ATTACHMENT TO
ARTICLES OF INCORPORATION
OF
TEXAS RESOURCES ENERGY, INC.
|
1.
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PERIOD OF DURATION
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This corporation shall continue in existence perpetually unless sooner dissolved according to law.
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2.
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PURPOSES AND POWERS
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The purpose of this corporation is to engage in any lawful act or activity for which corporations may be organized under the laws of the State of Nevada.
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3.
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AUTHORIZED SHARES
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(a) The corporation is authorized to issue two classes of stock: Common Stock and Preferred Stock. The number of shares of Common Stock authorized to be issued is two hundred million (200,000,000), $0.001 par value per share. The number of shares of Preferred Stock authorized to be issued is ten million (10,000,000), $0.001 par value per share.
(b) The Preferred Stock may be divided into such number of series as the Board of Directors of the corporation may from time to time determine. The Board of Directors of the corporation is authorized to determine and alter the rights, preferences, privileges and restrictions granted to and imposed upon the Preferred Stock or any series thereof with respect to any wholly unissued class or series of the Preferred Stock, and to fix the number of shares of any series of the Preferred Stock and the
designation of any such series of the Preferred Stock.
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4.
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VOTING POWER
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Except as otherwise provided in these Articles of Incorporation, each holder of Common Stock shall be entitled to one vote for each share of Common Stock held by him or her on all matters submitted to stockholders for a vote.
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5.
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ACQUISITION OF CONTROLLING INTEREST
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This corporation elects not to be governed by the terms and provisions of Sections 78.378 through 78.3793, inclusive, of the Nevada Revised Statutes, as amended, as the same may be amended, superseded, or replaced by any successor section, statute, or provision. No amendment to these Articles of Incorporation, directly or indirectly, by merger or consolidation or otherwise, having the effect of amending or repealing any of the provisions of this paragraph shall apply to or have any effect on any transaction involving acquisition of control by any person or any transaction with an interested stockholder occurring prior to such amendment or repeal.
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6.
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COMBINATIONS WITH INTERESTED STOCKHOLDERS
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This corporation elects not to be governed by the terms and provisions of Sections 78.411 through 78.444, inclusive, of the Nevada Revised Statutes, as amended, as the same may be amended, superseded, or replaced by any successor section, statute, or provision.
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7.
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INDEMNIFICATION
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This corporation may indemnify to the fullest extent permitted by law any person made or threatened to be made a party to an action or proceeding, whether criminal, civil, administrative or investigative, by reason of the fact that he, his testator or intestate is or was a director, officer or employee of this corporation or any predecessor of this corporation or serves or served at any other enterprise as a director, officer or employee at the request of this corporation or any predecessor to this corporation.
Neither any amendment nor repeal of this. ARTICLE VIII, nor the adoption of any provision of these Articles of Incorporation inconsistent with this ARTICLE VIII, shall eliminate or reduce the effect of this ARTICLE VIII, in respect of any matter occurring, or any action or proceeding accruing or arising or that, but for this ARTICLE VIII, would accrue or arise, prior to such amendment, repeal or adoption of an inconsistent provision.
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8.
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LIMITATION ON LIABILITY
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A director or officer of this corporation shall have no personal liability to this corporation or its stockholders for damages for breach of fiduciary duty as a director or officer, except for damages for breach of fiduciary duty resulting from (a) acts or omissions which involve intentional misconduct, fraud, or a knowing violation of law, or (b) the payment of dividends in violation of section 78.300 of the Nevada Revised Statutes, as amended, as it may from time to time be amended or any successor provision thereto.
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9.
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AMENDMENTS
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This corporation reserves the right to amend, alter, change, or repeal all or any portion of the provisions contained in these Articles of Incorporation from time to time in accordance with the laws of the State of Nevada, and all rights conferred on stockholders herein are granted subject to this reservation.
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10.
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ADOPTION AND AMENDMENT OF BYLAWS
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The power to alter, amend, or repeal the bylaws or adopt new bylaws shall be vested in the Board of Directors, but the stockholders of this corporation may also alter, amend, or repeal the bylaws or adopt new bylaws. The bylaws may contain any provisions for the regulation or management of the affairs of this corporation not inconsistent with the laws of the State of Nevada now or hereafter existing.