EX-3 11 a11902b39a.txt Exhibit B-39(a) AMENDED AND RESTATED ARTICLES OF INCORPORATION OF ENTERGY NUCLEAR FINANCE HOLDING COMPANY, (HEREAFTER KNOWN AS ENTERGY NUCLEAR FINANCE HOLDING, INC.) The undersigned, desiring to form a Corporation pursuant to the provisions of the Arkansas Business Corporation Act (Chapter 27 of Title 4 of the Arkansas Code of 1987 Annotated) and any and all acts amendatory thereof or supplemental thereto, hereby certifies that: 1. NAME. The name of the Corporation (hereinafter referred to as the "Corporation") is Entergy Nuclear Finance Holding, Inc. 2. DURATION. The Corporation shall have perpetual existence. 3. PURPOSES. The purpose of the Corporation is to engage in any lawful act or activity for which Corporations may be organized under the Arkansas Business Corporation Act. The primary purpose for which the Corporation is organized, which is provided for informational purposes only, is to own property and all activities related thereto, including investments in and/or extension of credit support to, subsidiaries devoted to the financing of nuclear acquisitions and operations. 4. POWERS. The Corporation shall have and be entitled to exercise all of the powers conferred upon Corporations by virtue of their existence as authorized by the Arkansas Business Corporation Act. 5. AUTHORIZED SHARES AND RIGHTS OF SHAREHOLDERS. (a) Authorized Shares and Par Value. The Corporation shall have the authority to issue, in the aggregate, Ten thousand (10,000) shares of common stock, no par value. (b) Preemptive Rights. Each share of stock in the Corporation shall entitle the holder thereof to a preemptive right, for a period of thirty (30) days after the mailing of written notice to each shareholder of record at the shareholder's address appearing on the books of the Corporation, to purchase, at the subscription price designated by the Board of Directors, a pro rata proportional amount of shares of stock in the Corporation which the Corporation proposes to issue or any rights or options which the Corporation proposes to grant for the purchase of shares of stock in the Corporation or any shares, bonds, obligations or other securities of the Corporation which are convertible into or exchangeable for, or which carry any rights, to subscribe for, purchase, or otherwise acquire, shares of stock in the Corporation, whether now or hereafter authorized or created, whether having unissued or treasury status, and whether the proposed issue, reissue, transfer, or grant is for cash, property, or any other lawful consideration; provided, however, there shall be no preemptive rights with respect to: (i) shares, rights, options, bonds, obligations or other securities issued to directors, officers, agents, or employees of the Corporation or its subsidiaries or affiliates as compensation for services rendered to the Corporation or its subsidiaries or affiliates; (ii) shares, rights, options, bonds, obligations or other securities issued to satisfy conversion or option rights issued in compliance with these provisions; (iii) shares, rights, options, bonds, obligations or other securities issued to effect a merger, consolidation or plan of exchange; or (iv) shares authorized in these Articles of Incorporation that are issued within six (6) months from the effective date of incorporation. Notwithstanding the foregoing, (i) holders of shares of any class without general voting rights, but with preferential rights to distributions or assets shall have no preemptive rights with respect to shares of any class of capital stock of the Corporation and (ii) holders of shares of any class with general rights, but without preferential rights to distributions or assets, shall have no preemptive rights with respect to shares of any class with preferential rights to distributions or assets unless the shares with preferential rights are convertible into or carry a right to subscribe for or acquire shares without preferential rights. Shares, rights, options, bonds, obligations and other securities subject to preemptive rights hereunder which are not acquired and fully paid for by the shareholder entitled thereto prior to the expiration of said thirty (30) day period may be issued to any person for a period of one (1) year after the expiration of said thirty (30) day period for consideration set by the Board of Directors that is not lower than the consideration set for the exercise of preemptive rights, and any offer at a lower consideration or after the expiration of said one (1) year period shall be subject to preemptive rights in favor of the shareholders of the Corporation as provided herein. (c) Authorization of Options and Restrictions on the Corporation's Shares. The President and the Secretary of the Corporation shall have the authority on behalf of the Corporation to enter into any contract between the Corporation and any or all of its shareholders (i) imposing restrictions on the future transfer, hypothecation or other disposition of the Corporation's shares, (whether inter vivos, by inheritance, testamentary gift, or otherwise), (ii) granting purchase options to the Corporation and/or its shareholders with respect to the Corporation's shares, (iii) requiring the Corporation and/or its shareholders to purchase the Corporation's shares upon stated contingencies, (iv) requiring the Corporation or its shareholders or another person to approve the transfer of the Corporation's shares, or (v) prohibiting the transfer of the Corporation's shares to designated persons or classes, provided that the prohibition is not manifestly unreasonable. Any and all of such restrictions, options or requirements may be imposed on all shares of stock in the Corporation, issued and unissued, upon the approval of the Board of Directors and the consent of all shareholders. 6. REGISTERED AGENT AND OFFICE. The name of the initial registered agent and the address of the initial registered office of this Corporation are: The Corporation Company, 425 West Capitol Avenue, Suite 1700, Little Rock, Arkansas, 72201. 7. DIRECTORS. (a) Number. The number of directors constituting the initial Board of Directors of the Corporation shall be three (3), and they shall serve until the first annual shareholder's meeting, or until their respective successor is elected and qualified. Thereafter, the number of directors from time to time shall be fixed by the Board of Directors as provided in the Bylaws. (b) Cumulative Voting for Election of Directors. All rights to vote and all voting power shall be exclusively vested in the common stock, and each holder thereof shall be entitled at each and every election of directors to as many votes as shall equal the number of shares held by such shareholder multiplied by the number of directors to be elected. Each holder may cast all of such votes for a single candidate or may distribute such votes among all the candidates or for any two or more of the candidates as the holder may see fit. Upon all other matters each holder of common stock shall be entitled to one vote for each share held by such holder. (c) Limitation on Director Liability. A director of the Corporation shall not be personally liable to the Corporation or its shareholders for monetary damages for breach of fiduciary duty as a director; provided, however, this provision shall not eliminate or limit the liability of a director (i) for any breach of the director's duty of loyalty to the Corporation or its shareholders, (ii) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for voting for or assenting to an unlawful distribution by the Corporation, as provided in Section 4-27-833 of the Arkansas Business Corporation Act, (iv) for any transaction from which the director derived any improper personal benefit, or (v) for any action, omission, transaction or breach of a director's duty creating any third party liability to any person or entity other than the Corporation or its shareholders. If the Arkansas Business Corporation Act is amended after the effective date of incorporation to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the Corporation shall be eliminated or limited to the fullest extent permitted by the Arkansas Business Corporation Act, as so amended. Any repeal or modification of the foregoing paragraph by the shareholders of the Corporation shall not adversely affect any right or protection of a director of the Corporation existing at the time of such repeal or modification. (d) Indemnification. Directors and officers of the Corporation shall be indemnified by the Corporation to the fullest extent now or hereafter permitted by the Arkansas Business Corporation Act (and specifically Section 4-27-850 thereof) in connection with any actual or threatened action or proceeding (including civil, criminal, administrative, or investigative proceedings) arising out of their service to the Corporation or to another organization at the Corporation's request. Persons who are not directors and officers of the Corporation may be similarly indemnified with respect to their service to the Corporation or to another organization at the Corporation's request to the extent authorized at any time by resolution of the Board of Directors. 8. AMENDMENT TO ARTICLES OF INCORPORATION. From time to time any of the provisions of these Articles of Incorporation may be amended, altered or repealed, and other provisions authorized by the laws of the State of Arkansas at the time in force may be added or inserted in the manner and at the time prescribed by said laws, and all rights at any time conferred upon the shareholders of the Corporation by these Articles of Incorporation are granted subject to the provisions of this Article. 9. INCORPORATOR. The name and address of the incorporator are: John M. Adams, Jr. Entergy Services, Inc. 639 Loyola Avenue New Orleans, LA 70113 IN WITNESS WHEREOF, the undersigned has hereunto set my hand as Incorporator of this Corporation effective as of the 24th day of August, 2001. ___________________________ John M. Adams, Jr., Incorporator