CENTENNIAL PINES CLUB                    BY-LAW AMENDMENTS PASSED

MARCH 24, 2009

#1.) ASSOCIATION MEETING QUORUMS

PROPOSED: WHEREAS TO REPLACE ARTICLE VII, SECTION 5 with:

“To constitute a quorum there shall be members in attendance, by mail ballot
or by electronic means subject to the procedures and protocols as
established from time to time by the Board, at least one-third (1/3) of the
members in good standing at a duly called membership meeting and at least
fifty percent (50%) of the total Board membership at a meeting of the Board of
Directors. Where less than a quorum is present, the meeting shall be adjourned
by those present until such time or place as may be directed,” and

#2.) E-MAIL COMMUNICATION

PROPOSED: WHEREAS TO REPLACE ARTICLE VII, SECTION 7 with:

“Notice of the Annual Meeting of the members of The Club shall be given in writing at least ten days in advance thereof. Notice of all Special Meeting of the members of the Club shall be given in writing at least ten days in advance thereof. Notice of all Special Meetings of the Board of Directors shall be given in writing at least three days in advance thereof. The purpose of all Special Meetings of the Club or Board of Directors shall be stated in such notice. All notices of any and all meetings of the Club and voting matters shall be addressed to the last known post office address of such member, Officer or Director or sent by way of e-mail.

#5.) ALTERNATIVE DISPUTE RESOLUTION (ADR)

NEW: WHEREAS to INCLUDE a new provision in ARTICLE XIV –
Alternative Dispute Resolution, to read:

“The Association shall provide a fair and efficient procedure for the resolution
of disputes between individual homeowners and the association, and between
different homeowners, that shall be readily available as an alternative to litigation. The protocols and procedures referenced above shall be established, adopted, and amended as necessary by the Board in its sole discretion and shall be made available to all homeowners.”