Minutes of the Annual Meeting of the Shareholders of Galaxy Holdings

The annual meeting of the shareholders of Galaxy Holdings, a TX LLC (the "Corporation"), was held on at at .

1. Call to Order and Organization

The meeting was called to order by , who acted as Chair. acted as Secretary of the meeting and recorded these minutes.

2. Notice of Meeting

The Secretary reported that written notice of the meeting, stating the date, time, place, and purposes thereof, had been duly given to all shareholders of record entitled to vote, or that such notice had been waived in writing. The proof of notice and any waivers were ordered filed with the records of the Corporation.

3. Shareholders Present and Quorum

The Secretary reported that the following shareholders were present in person or represented by proxy, holding the number of voting shares set opposite their names:

The shares present in person or by proxy represented of the shares entitled to vote, which constituted a quorum. The Chair declared that a quorum was present and that the meeting was duly constituted to transact business. The duly executed proxies were ordered filed with the records of the Corporation.

4. Approval of Prior Minutes

The minutes of the prior shareholders' meeting, held on , were presented. Upon motion duly made, seconded, and carried, the prior minutes were approved as read.

5. Election of Directors

The Chair stated that the next order of business was the election of directors to serve until the next annual meeting of shareholders and until their successors are duly elected and qualified. The following nominees were placed in nomination. Upon a vote of the shares present in person or by proxy, the following persons were duly elected as directors of the Corporation:

6. Ratification of Acts

Upon motion duly made, seconded, and carried, the shareholders ratified, approved, and confirmed all acts, contracts, and proceedings of the Board of Directors and the officers of the Corporation taken on behalf of the Corporation since the last annual meeting of shareholders, as reflected in the books and records of the Corporation.

7. Other Business

8. Adjournment

There being no further business to come before the meeting, upon motion duly made, seconded, and carried, the meeting was adjourned at .

These minutes are governed by and construed in accordance with the laws of the State of TX.

Respectfully submitted,

Name: Michael Yuan
Title: General Manager, Secretary of the Meeting
Date:

Approved by the Chair

 

Name:
Title: Chair of the Meeting
Date: