GRDO - Records Inspection sign now

GRDO.PK; Guard Dog, Inc

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I. Right to Inspect Books and Records

Nevada shareholders of record who own at least 15\% of all outstanding shares have the right to inspect and copy the books
of account and financial records of the corporation. Nev. Rev. Stat. Ann. 78.257(1) (West 2009). Alternatively, a
shareholder who is authorized in writing by shareholders owning a total of 15\% of the issued and outstanding shares has the
right to inspect and copy corporate records as well. In addition to this right to inspect and copy, a shareholder who meets one
of the above requirements has the right to audit the records. 78.257(1).

The shareholder(s) conducting the inspection or audit must pay any costs associated with copying or auditing the records.
78.257(2).

The corporation may deny a shareholder access to records if the shareholder refuses to furnish an affidavit stating that the
reason for the inspection or audit is related to the shareholders interest in the corporation as a shareholder. 78.257(3). If
the shareholder uses information obtained under this right of inspection for any reason not related to his interest as a
shareholder, this is a gross misdemeanor. 78.257(3).

If the corporation willfully neglects or denies access to records, the corporation may be fined $100 a day.

A shareholder who must file suit to enforce his right to inspect is entitled to costs and reasonable attorneys fees if the
shareholder prevails. 78.257(5)(a).

The right to inspect and copy may not be limited by corporate by-laws or articles of incorporation. 78.257(1).

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Alexandria KeithBy:
International PolicyIn:
Petition target:
GRDO Board of Directors

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