Deaz Member, Your application for membership in the Bandera Electric Cooperative, Inc. has been accepted by the Boazd of Directors as evidenced by this membership certificate. If you discontinue service with us, the membership fee and/or security deposit will be automatically refunded provided all electric energy and other charges aze paid. We are pleased to have you as a member and we will strive to help you "Live Better Electrically". BANDERA ELECTRIC COOPERATIVE, INC. This Certificate and the membership evidenced hereby are not transferable except as provided by the bylaws of the Cooperative, and such membership maybe terminated as provided in said bylaws. Each member of the Cooperative, or in the case of a joint membership, the holders thereof jointly, or either of them, but not both, shall be entitled to One (1) Vote and no more upon each matter submitted to a vote at all meetings of the members of the Cooperative. This Certificate and the membership evidenced hereby are subject to all the terms, conditions, and limitations contained in the Charter and Bylaws of the Cooperative and all amendments thereto and in the applications of the holder or holders hereof for membership in the Cooperative. _~ ~,~~ '~ 'i uwt~srr~~x~o. ~`~- ~~ ~' ~ L.y Pd4 300047311/01/2002 iC.J.G~4~2%e2~ ~.~C~e:t~~ C~.d.6'~rl2~!~~^reililifl~ ~i!?.t! ~ertt~ber~~ji~ t~ertificate ORGANIZED UNDER LAWS OF TEXAS THIS certifies THAT a membership in BANDERA ELECTRIC COOPERATIVE, INC. (hereinafter called the "Cooperative') is held by: KERB COUNTY TEXAS C/O KERB CTY SHERIFFS DEPT 400 CLEARWATER PASEO }~ KERRVILLE TX 78028 ,~ ~ ~ ,.~al~ ~ ;~..,, ~ ,, ~, '~ ~ - IN WITNESS WHEREOF the Cooperattve has caused this Certificate to be signed by its President and Secretary and its corporate seal to be hereunto affixed this 13`x' day ofAugust 2f003. ~~~/ ~ ,President ~~ ~~t , Secretary/Treasurer (CORPORATE SEAL)