ARTICLES OF INCORPORATION

The Association aims to follow the following goals:

1. ARTICLES OF INCORPORATIONOFVirgin Islands Professional Charter Association, INC.

We, the undersigned, do hereby incorporate ourselves under Chapter 3, Title 13, of the Virgin Islands Code, relating to non-profit corporations, and hereby adopt the following Articles of Incorporation.

ARTICLE I

NAME

The name of said corporation shall be Virgin Islands Professional Charter Association, Inc., hereinafter called the Corporation.

ARTICLE II

PRINCIPAL OFFICE AND RESIDENT AGENT

The principal place of business of the Corporation shall be:

Physical Address: 6100 Red Hook Quarters, East End, St. Thomas VI 00802

Mailing Address: 6501 Red Hook Plaza, Ste. 201 St. Thomas VI 00802

The resident agent shall be Richard Blankenhorn, whose mailing address is 6501 Red Hook

Plaza, 201 St. Thomas VI 00802 and whose physical address is 6100 Red Hook Quarters,

East End, St. Thomas VI 00802

ARTICLE III

OBJECT, PURPOSES AND POWERS

Section 1: The Corporation is organized and operated exclusively for one or more of the purposes specified in Section 501(c)(6) of the Internal Revenue Code of 1986, asamended, as applicable to the U.S. Virgin Islands (the “Code”) including, but not limited to the following:

The purpose of the organization: To unify, support and further the capabilities of the local marine industry within the U.S. Virgin Islands by providing training, compliance guidance, community organization and assisting in the development of industry standards which seek to foster the continued growth and strength of the charter industry. The Corporation’s objective is to represent th e US Virgin Island’s marine industry with one voice promoting good relationships between marine businesses, marine management companies, clearinghouses, crew, and the people and governments of the U.S. Virgin Islands and the British Virgin Islands while advocating a positive reputation locally and internationally. 

The Corporation aims to follow the following goals:

❖ To unify and protect the interests of its members while fostering cooperative relationships between all vessels, marine businesses, crew and the people and the respective Governments of the Virgin Islands. 

❖ To ensure that its members operate within national, local and harbour regulations ensuring the safety of passengers and crews onboard at all times.

❖ To improve Virgin Island vessels’ professionalism by providing training, guidance, services and an ethics committee to ensure the interests of the

charterer are upheld.

❖ To provide members a directory pertaining to the local marine industry (including discounts).

❖ To provide members with affordable medical insurance and vessel insurance.

❖ To represent all members at the annual Yacht Show.

❖ To host events as alternate revenue streams.

❖ To promote marine conservation and respect for the culture and environment of the Virgin Islands.

❖ To provide marine industry career guidance to Virgin Island youths. 

To carry out any and all other activities in the U.S. Virgin Islands that may lawfully be carried out by a U.S. Virgin Islands non-profit corporation incorporated under Chapter 3, Title 13 of the Virgin Islands Code.

Section 2: The Corporation shall not carry on any activities not permitted to be carried on by a corporation exempt from federal taxation under Section 501(c)(6) of the Internal Revenue Code.

Section 3: No part of the net earnings of the Corporation shall inure to the benefit of or be distributable to its members, directors or trustees, officers or other private persons, except that the Corporation shall be authorized and empowered to pay reasonable compensation for services rendered and to make payments and distributions in furtherance of the purposes of the Corporation. No substantial part of the activities of the corporation organization shall be the carrying on of propaganda, or otherwise attempting to influence legislation, and the corporation/organization shall not participate in, or intervene in (including the publishing or distribution of statements), any political campaign on behalf of or in opposition to any candidate for public office.