ARTICLES OF INCORPORATION THE GROVE HOMEOWNERS ASSOCIATION We hereby associate to form a non-stock corporation under the provisions of Chapter 10 of Title 13.1 of the Code of Virginia, and to that end set forth the following: ARTICLE I NAME OF THE CORPORATION The name of the corporation is The Grove Homeowners Association (the "Association"1 . ARTICLE I1 PURPOSES The specific purpose for which the Association is formed is to provide for the acquisition, construction, management, maintenance and care, within the meaning of Section 528 of the Internal Revenue Code, of the Common Area, as hereafter defined, at The Grove Subdivision (the "Subdivision") and the enforcement of the covenants and restrictions that apply to the Subdivision and for these purposes to: (a) enforce the bylaws of this Association (the llBylaws") and Declaration of Covenants, Conditions and Restrictions for The Grove (the "Declarationf') and exercise all of the powers and privileges and perform all of the duties and obligations of the Association thereunder; (b) fix, levy, collect and enforce payment by any lawful means, all charges, dues or assessments pursuant to the Bylaws and the Declaration; (c) pay all Common Expenses, as hereafter defined; (d) subject to the Bylaws and the Declaration, acquire, own, hold, improve, build upon, operate, maintain, convey, sell, lease, transfer, dedicate for public use or otherwise dispose of real or personal property in connection with the affairs of the Association; and ( e ) to conduct any and all business and to have and exercise any and all powers, rights and privileges that a corporation organized under the Virginia Non-Stock Corporation Act may now or hereafter conduct or exercise and that are not required by law to be specifically set forth in these articles, provided, however, that no part of the Association's net earnings inure to the benefit of its officers, directors, or member, except that the Association shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes set forth above. ARTICLE I11 DEFINITIONS The capitalized terms contained in these Articles of Incorporation and not otherwise defined herein, shall have the meanings set forth below: "Area of Common Responsibility" shall mean and refer to the Common Area, together with those areas, if any, which by the terms of the Declaration, any Supplemental Declaration or other applicable covenants, or by contract or agreement, become the responsibility of the Association. In addition to Common Areas, Areas of Common Responsibility shall include, without limitation, any landscape easements located on Lots, all sidewalks within the Subdivision, all fencing and signage owned or to be owned by the Association, and storm water retention ponds and dams located within the Subdivision. nAssociationllshall mean and refer to The Grove Homeowners Association, a Virginia non-stock corporation, its successors and assigns. "Board of Directors" shall mean the board of directors of the Association. "Common Area" shall mean all real property and improvements which are owned by the Association and intended to be devoted to the common use and enjoyment of the Owners. "Common Expenses" shall mean the costs and expenses incurred by the Association and used (a) to promote the general appearance of the Subdivision, (b) for the improvement and maintenance of all Areas of Common Responsibility, specifically including costs and escrows in an amount satisfactory to the County of Chesterfield, Virginia for the maintenance and repair of sidewalks, and (c) for such other purposes as may be approved by the Board of Directors. "Declarant" shall mean and refer to The Grove, L.P., a Virginia limited partnership, its successors and assigns. "Lot" shall mean any residential lot developed by Declarant in the Subdivision. "Owner" shall mean and refer to the record owner, whether one or more persons or entities, of the fee simple title to any Lot in the Subdivision, including contract sellers, but excluding those having such interest merely as security for the performance of an obligation. .J "Subdivision" shall mean The Grove Subdivision. ARTICLE IV VOTING RIGHTS The Association shall have two (2) classes of voting memberships: Class A. Class A Members shall be all Owners (with the exception of the Declarant) and shall be entitled to one (11 vote for each Lot owned. When more than one person holds an interest in any Lot, all such persons shall be Members. The vote for such Lot shall be exercised as they, among themselves, determine, but in no event shall more than one (1) vote be cast with respect to any Lot. Class B. The Class B Member shall be the Declarant, or its successor in interest, and shall be entitled to three ( 3 ) votes for each Lot owned. The Class B membership shall cease and be converted to Class A membership on the happening of whichever of the following events first occurs: (i) When seventy-five percent (75%) of the Lots permitted by zoning approval for the Subdivision have certificates of occupancy issued for the residences constructed thereon and have been conveyed to parties other than the Declarant or builders holding title solely for the purpose of construction and resale; or (ii) December 31, 2008; or (iii) When the Declarant, in its sole discretion, determines to withdraw from Class B membership in the Association and so notifies the Association in writing. ARTICLE V REGISTERED OFFICE; REGISTERED AGENT The post office address of the initial registered office is Two James Center, Suite 1600, 1021 E. Cary Street, Richmond, Virginia 23219. The name of the City in which the initial registered office is located is the City of Richmond, Virginia. The name of its registered agent is Hugh T. Harrison, 11, who is a resident of Virginia, a member of the Virginia State Bar and whose business office is the same as the registered office of the corporation. ARTICLE VI LIMIT ON LIABILITY AND INDEMNIFICATION (a) Definitions. For purposes of this Article the following definitions shall apply: (i) "expenses" include counsel fees, expert witness fees, and costs of investigation, litigation and appeal, as well as any amounts expended in asserting a claim for indemnification; (ii) "liability" means the obligation to pay a judgment, settlement, penalty, fine, or other such obligation, including, without limitation, any excise tax assessed with respect to an employee benefit plan; (iii) "legal entity" means a corporation, partnership, joint venture, trust, employee benefit plan or other enterprise; and (iv) "proceeding" means any threatened, pending, or completed action, suit, proceeding or appeal whether civil, criminal, administrative or investigative and whether formal or informal . (b) Limit on Liability. In every instance permitted by the Virginia Non-Stock Corporation Act, as it exists on the date hereof or may hereafter be amended, the liability of a director or officer of the Association to the Association or its members shall be eliminated. (c) Indemnification of Director and Officers. The Association shall indemnify any individual who is, was or is threatened to be made a party to a proceeding (including a proceeding by or in the right of the Association) because such individual is or was a director or officer of the Association or because such individual is or was serving the Association or any other legal entity in any capacity at the request of the Association while a director or officer of the Association against all liabilities and reasonable expenses incurred in the proceeding, except such liabilities and expenses as are incurred because of such individual's willful misconduct or knowing violation of the criminal law. Service as a director or officer of a legal entity controlled by the Association shall be deemed service at the request of the Association. The determination that indemnification under this Section (c) is permissible and the evaluation as to the reasonableness of expenses in a specific case shall be made, in the case of a director, as provided by law, and in the case of an officer, as provided in Section (d) of this Article; provided, however, that if a majority of the directors of the Association has changed after the date of the alleged conduct giving rise to a claim for indemnification, such determination and evaluation shall, at the option of the person claiming indemnification, be made by special legal counsel agreed upon by the Board of Directors and such person. Unless a determination has been made that indemnification is not permissible, the Association shall make advances and reimbursements for expenses incurred by a director or officer in a proceeding upon receipt of an undertaking from such director or officer to repay the same if it is ultimately determined that such director or officer is not entitled to indemnification. Such undertaking shall be an unlimited, unsecured general obligation of the director or officer and shall be accepted without reference to such director's or officer's ability to make repayment. The termination of a proceeding by judgment, order, settlement, conviction, or upon a plea of nolo contendere or its equivalent shall not of itself create a presumption that a director or officer acted in such a manner as to make such director or officer ineligible for indemnification. The Association is authorized to contract in advance to indemnify and make advances and reimbursements for expenses to any of its directors or officers to the same extent provided in this Section (c). (d) Indemnification of Others. The Association may, to a lesser extent or to the same extent that it is required to provide indemnification and make advances and reimbursements for expenses to its directors and officers pursuant to Section (c), provide indemnification and make advances and reimbursements for expenses to its employees and agents, the directors, officers, employees and agents of its subsidiaries, and any person serving any other legal entity in any capacity at the request of the Association, and may contract in advance to do so. The determination that indemnification under this Section (d) is permissible, the authorization of such indemnification and the evaluation as to the reasonableness of expenses in a specific case shall be made as authorized from time to time by general or specific action of the Board of Directors, which action may be taken before or after a claim for indemnification is made, or as otherwise provided by law. No person's rights under Section (c) of this Article shall be limited by the provisions of this Section (d). (e) Miscellaneous. The rights of each person entitled to indemnification under this Article shall inure to the benefit of such person's heirs, executors and administrators. Special legal counsel selected to make determinations under this Article may be counsel for the Association. Indemnification pursuant to this Article shall not be exclusive of any other right of indemnification to which any person may be entitled, including indemnification pursuant to a valid contract, indemnification by legal entities other than the Association and indemnification 4. under policies of insurance purchased and maintained by the Association or others. However, no person shall be entitled to indemnification by the Association to the extent such person is indemnified by another, including an insurer. The Association is authorized to purchase and maintain insurance against any the liability it may have under this Articl e or to prote ct any persons named above against any liability arising from the service to the ~ssociationor any other legal entity at the request of the Association regardless of the Association's power to indemnify against such liability. The provisions of this Article shall not be deemed to pr'eclude the Association from entering into contracts otherwise permitted by law with any individuals or legal entities, including those named above. If any provisions of this Article or its application to any person or circumstance is held invalid by a court of competent jurisdiction, the invalidity shall not affect other provisions or applications of this Article, and to this end the provisions of this Article are severable. (f) Amendments. No amendment, modification or repeal of this Article shall diminish the rights provided hereunder to any person arising from conduct or events occurring before the adoption of such amendment, modification or repeal. IN WITNESS WHEREOF, for t Association under the law the undersigned incorporator, Incorporation this 12th day of THE GROVE HOMEOWNERS ASSOCIATION APPOI- OF DIRECTORS BY DECLARANT The undersigned, as Declarant of The Grove Homeowners pursuant to the provisions of Association (the "Associationt1), Article 111, Section A of the Bylaws of the Association, hereby appoints the following persons to serve as members of the Board of Directors of the Association until their successors shall be appointed by the Declarant or shall have been elected by the members of the Association in accordance with Article 11, Section D (b) of the Bylaws. Lee Rousseau Herbert E. Fitzgerald, I11 Richard W. Nuckols No further action is taken or consented to. THE GROVE, L.P., a Virginia limited partnership BY: MAYLAND INVESTMENT COMPANY.
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