from S-8
1 page
<page> State of North Department of the Carolina Secretary of State to All Whom These Presents Shall Come, Greetings: I, Rufus L. Edmisten, Secretary of State of the State of North Carolina, Do Hereby Certify the Following and Hereto Attached to Be a True Copy of Articles of Amendment of CULP, Inc. the Original of Which Was Filed in This Office on the 27th Day of December, 1994. in Witness Whereof, I Have Hereunto Set My Hand and Affixed My Seal at the City of Raleigh, This 27th Day of December, 1994. Secretary of State <page> Articles of Amendment of CULP, Inc. the Undersigned Corporation Hereby Submits These Articles of Amendment for the Purpose of Amending Its Articles of Incorporation: 1. the Name of the Corporation Is CULP, Inc. 2. the Following Amendment to the Articles of Incorporation of the Corporation Was Adopted by Its Shareholders on the 20th Day of September, 1994, in the Manner Prescribed by Law: The Articles of Incorporation Shall Be Amended by Deleting Article 4 in Its Entirety and Substituting the Following Text as Article 4: 4. the Corporation Shall Have the Authority to Issue Fifty Million (50,000,000) Shares Consisting of Forty Million (40,000,000) Shares of Common Stock With a Par Value of Five Cents ($0.05) Per Share and Ten Million (10,000,000) Shares of Preferred Stock With a Par Value of Five Cents ($0.05) Per Share, the Rights, Preferences and Limitations of Which Preferred Stock May Be Determined From Time to Time in the Discretion of the Board of Directors. 3. These Articles Will Become Effective Upon Filing. This the 21st Day of December, 1994. CULP, Inc. /S/ Robert G. CULP, III By: Robert G. CULP, III Chief Executive Officer
