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filed with the Securities and Exchange Commission on February 24,
2006<br> Registration No.
333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</p>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:12pt;  width: 456pt; text-align: center; font-style: normal; line-height: 14pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECURITIES AND EXCHANGE
COMMISSION</p>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:12pt;  width: 456pt; text-align: center; font-style: normal; line-height: 14pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">FORM  S-8<br>
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</p>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:12pt;  width: 456pt; text-align: center; font-style: normal; line-height: 14pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SUNTRUST BANKS, INC.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 6pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">(Exact Name of Issuer as Specified in Its Charter)</p>
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<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">Georgia<br>
(State or Other Jurisdiction of<br> Incorporation or
Organization)</font></td>
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<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">58-1575035<br>
(I.R.S. Employer Identification<br> Number)</font></td>
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Peachtree Street, N.E.<br> Atlanta, Georgia 30308<br> (Address of
Principal Executive Offices) (Zip Code)</p>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">SunTrust Banks, Inc.<br> 401(k)
Plan<br> (Full Title of the Plan)</p>
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<td bgcolor="#000000"><img src="spacer.gif" height="1"><img src="spacer.gif" height="1" width="158"></td>
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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">Raymond D. Fortin<br> Corporate
Executive Vice President and General Counsel<br> SunTrust Banks,
Inc.<br> 303 Peachtree Street<br> Atlanta, Georgia 30308<br> (404)
588-7711<br> (Name, Address and Telephone Number,<br> Including Area
Code, of Agent for Service)</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">Copies to:<br> John D.
Wilson<br> King &amp; Spalding LLP<br> 191 Peachtree Street<br>
Atlanta, Georgia 30303<br> (404) 572-4600</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">CALCULATION OF
REGISTRATION
FEE</p>
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<td style="font-size: 8pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">TITLE
OF<br> SEUCRITIES TO BE<br> REGISTERED</font></td>
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<td style="font-size: 8pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">AMOUNT TO BE<br>
REGISTERED</font></td>
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<td style="font-size: 8pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">PROPOSED<br> MAXIMUM<br> OFFERING PRICE<br> PER
SHARE (1)</font></td>
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<td style="font-size: 8pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">PROPOSED<br> MAXIMUM<br> AGGREGATE<br>
OFFERING<br> PRICE (1)</font></td>
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<td style="font-size: 8pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">AMOUNT OF<br> REGISTRATION<br> FEE
(1)</font></td>
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<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000;padding-left: 10pt; text-indent: -10pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Common Stock, $1.00 par
value per
share</font></td>
<td style="border-bottom: 1px solid #000000;background-color: #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="bottom" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">10,000,000</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="bottom"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="border-bottom: 1px solid #000000;background-color: #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">$</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="bottom" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">71.03</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="bottom"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="border-bottom: 1px solid #000000;background-color: #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">$</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="bottom" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">710,300,000</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="bottom"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="border-bottom: 1px solid #000000;background-color: #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000;padding-top: 0pt; background-color: #ffffff;" align="right" valign="bottom" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">$</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-left: 0pt; text-indent: 0pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="bottom" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">76,003</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 1px solid #000000; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="bottom"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
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<td><img src="spacer.gif" height="1" width="23"></td>
<td><img src="spacer.gif" height="1" width="602"></td>
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<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  padding-left: 0pt; text-align: left"><font style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  padding-left: 0pt; text-align: left">(1)</font></td>
<td align="left" style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  padding-bottom: 6pt;"><font style="font-family:serif;font-weight:normal;color:#000000;font-size: 8pt;  padding-bottom: 6pt;">Determined
pursuant to Rule 457(c) and (h)(l) based on $71.03, the average of the
high and low prices of the registrant's common stock on February
21, 2006, as reported on the New York Stock Exchange.</font></td>
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<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">In addition, pursuant to Rule 416(c) under the Securities Act
of 1933, this Registration Statement also covers an indeterminate
amount of interests to be offered or sold pursuant to the employee
benefit plan described herein. The prospectus referred to herein also
relates to Registration Statements No.  33-50796, 333-91519 and
333-86306.</p>
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<br>






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<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">PART
I</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">INFORMATION REQUIRED IN THE SECTION  10(A)
PROSPECTUS</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">This Registration Statement covers 10,000,000
additional shares of Common Stock, par value $1.00 per share (the
"<font style="font-weight: bold; font-style: italic">Common Stock</font>") of SunTrust Banks,
Inc. (the "<font style="font-weight: bold; font-style: italic">Company</font>"), issuable
pursuant to the SunTrust Banks, Inc. 401(k) Plan (the
"<font style="font-weight: bold; font-style: italic">Savings Plan</font>"). The Company
initially registered the issuance of 2,500,000 shares of Common Stock
in connection with the Savings Plan on its Registration Statement on
Form  S-8 (Registration No.  33-50796) as filed with the
Securities and Exchange Commission (the
"<font style="font-weight: bold; font-style: italic">Commission</font>") on August  12,
1992. Subsequently, the Company (1) registered the issuance of
8,000,000 additional shares of Common Stock in connection with the
Savings Plan on its Registration Statement on Form  S-8
(Registration No.  333-91519) as filed with the Commission on
November  23, 1999 and (2) registered the issuance of 8,000,000
additional shares of Common Stock in connection with the Savings Plan
on its Registration Statement on Form S-8 (Registration No. 333-86306)
as filed with the Commission on April 16, 2002. The contents of
Registration Statements No.  33-50796, 333-91519 and 333-86306
are incorporated by reference herein. Pursuant to Rule 429, the
Prospectus related to shares of Common Stock registered pursuant to
this Registration Statement for the Savings Plan also relates to shares
of Common Stock registered pursuant to Registration Statements
No.  33-50796, 333-91519 and 333-86306.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">As permitted by
the rules of the Commission, this registration statement omits the
information specified in Part I (Items 1 and 2) of Form  S-8. The
documents containing the information specified in Part I will be
delivered to the participants in the Plan as required by Rule 428(b)
under the Securities Act. Such documents are not being filed with the
Commission as part of this registration statement or as prospectuses or
prospectus supplements pursuant to Rule 424.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">PART II</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM
3.&nbsp;&nbsp;&nbsp;&nbsp;INCORPORATION OF DOCUMENTS BY REFERENCE.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The following
documents filed by the Company with the Commission are incorporated
herein by reference:</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The
Company's Annual Report on Form  10-K for the year ended
December 31, 2004, pursuant to Section  13 of the Securities
Exchange Act of 1934 (the "<font style="font-weight: bold; font-style: italic">Exchange
Act</font>").</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The
Company's Annual Report for the year ended 2004 for the Savings
Plan on Form  11-K, filed with the Securities and Exchange
Commission on June 30, 2005.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The
Company's Quarterly Reports on Form 10-Q for the quarters ended
March 31, 2005, June 30, 2005 and September 30, 2005.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(d)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The Company's Current Reports on
Form  8-K dated January 12, 2005, February 11, 2005, March 14,
2005, April 22, 2005, May 31, 2005 (Item 2.03 and the related Item
9.01), August  25, 2005, September 20, 2005, November 30, 2005,
January 6, 2006, January 12, 2006, February 17, 2006 and February 21,
2006.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(e)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The description of the
Company's Common Stock, par value $1.00 per share, contained on
pages 2 to 9 in Amendment No.  1, dated August 4, 1987, to its
Registration of Common Stock on Form  8-A, dated June 10, 1985,
filed under Section  12(b) of the Exchange Act, including any
amendments or reports filed for the purpose of updating such
description.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">All documents subsequently filed by the Company or
the Savings Plan pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Exchange Act after the effective date of this Registration Statement
and prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters
all securities remaining unsold, shall be deemed to be incorporated by
</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: pt; background-color: #ffffff">
reference herein and to be a part hereof from
the date of the filing of such documents. Any statement contained in a
document incorporated by reference herein shall be deemed to be
modified or superseded for purposes of this Registration Statement to
the extent that a statement herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be
deemed, except as so modified or superseded, to constitute a part of
this Registration Statement.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM 4.&nbsp;&nbsp;&nbsp;&nbsp;DESCRIPTION OF
SECURITIES.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Not applicable.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM 5.&nbsp;&nbsp;&nbsp;&nbsp;INTERESTS OF
NAMED EXPERTS AND COUNSEL.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The legality of the securities
offered hereby has been passed upon by Raymond D. Fortin, Esq., General
Counsel and Corporate Executive Vice President of the Company, who
beneficially owns 10,628 shares of Common Stock which are unrestricted
and 11,200 shares of Common Stock which are restricted and has options
to purchase 96,900 shares of Common Stock.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM
6.&nbsp;&nbsp;&nbsp;&nbsp;INDEMNIFICATION OF DIRECTORS AND OFFICERS.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Part 5 of
Article 8 of the Georgia Business Corporation Code states:</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-850.&nbsp;&nbsp;&nbsp;&nbsp;Definitions.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">As used in this part, the
term:</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Corporation</font>"
includes any domestic or foreign predecessor entity of a corporation in
a merger or other transaction in which the predecessor's
existence ceased upon consummation of the transaction.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Director"
or "officer</font>" means an individual who is
or was a director or officer, respectively, of a corporation or who,
while a director or officer of the corporation, is or was serving at
the corporation's request as a director, officer, partner,
trustee, employee, or agent of another domestic or foreign corporation,
partnership, joint venture, trust, employee benefit plan, or other
entity. A director or officer is considered to be serving an employee
benefit plan at the corporation's request if his or her duties to
the corporation also impose duties on, or otherwise involve services
by, the director or officer to the plan or to participants in or
beneficiaries of the plan. Director or officer includes, unless the
context otherwise requires, the estate or personal representative of a
director or officer.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(3)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Disinterested
director</font>" means a director who at the time of a vote
referred to in subsection (c) of Code Section 14-2-853 or a vote or
selection referred to in subsection  (b) or (c) of Code Section
14-2-855 or subsection (a) of Code Section 14-2-856 is not:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">A party to the proceeding; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">An individual who is a party to a
proceeding having a familial, financial, professional, or employment
relationship with the director whose indemnification or advance for
expenses is the subject of the decision being made with respect to the
proceeding, which relationship would, in the circumstances, reasonably
be expected to exert an influence on the director's judgment when
voting on the decision being made.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(4)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Expenses</font>"
includes counsel fees.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(5)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Liability</font>"
means the obligation to pay a judgment, settlement, penalty, fine
(including an excise tax assessed with respect to an employee benefit
plan), or reasonable expenses incurred with respect to a
proceeding.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">3</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(6)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Official
capacity</font>" means:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">When used with respect to a
director, the office of director in a corporation; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">When used with respect to an
officer, as contemplated in Code Section 14-2-857, the office in a
corporation held by the officer.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Official capacity does not
include service for any other domestic or foreign corporation or any
partnership, joint venture, trust, employee benefit plan, or other
entity.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(7)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Party</font>"
means an individual who was, is, or is threatened to be made a named
defendant or respondent in a proceeding.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(8)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">"<font style="font-weight: bold; font-style: italic">Proceeding</font>"
means any threatened, pending, or completed action, suit, or
proceeding, whether civil, criminal, administrative, arbitrative, or
investigative and whether formal or informal.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-851.&nbsp;&nbsp;&nbsp;&nbsp;Authority to indemnify.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Except as otherwise provided in this Code
section, a corporation may indemnify an individual who is a party to a
proceeding because he or she is or was a director against liability
incurred in the proceeding if:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 42pt; text-align: left;  font-style: normal; width: 72pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">Such individual conducted himself or
herself in good faith; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 42pt; text-align: left;  font-style: normal; width: 72pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">Such
individual reasonably believed:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="135"></td>
<td><img src="spacer.gif" height="1" width="467"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 72pt; text-align: left;  font-style: normal; width: 102pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 354pt">In the case of conduct in his or
her official capacity, that such conduct was in the best interests of
the corporation;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="135"></td>
<td><img src="spacer.gif" height="1" width="467"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 72pt; text-align: left;  font-style: normal; width: 102pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 354pt">In all other
cases, that such conduct was at least not opposed to the best interests
of the corporation; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="135"></td>
<td><img src="spacer.gif" height="1" width="467"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 72pt; text-align: left;  font-style: normal; width: 102pt">(C)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 354pt">In the
case of any criminal proceeding, that the individual had no reasonable
cause to believe such conduct was unlawful.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A director's conduct with respect to
an employee benefit plan for a purpose he or she believed in good faith
to be in the interests of the participants in and beneficiaries of the
plan is conduct that satisfies the requirement of subparagraph
(a)(2)(B) of this Code section.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The
termination of a proceeding by judgment, order, settlement, or
conviction, or upon a plea of nolo contendere or its equivalent is not,
of itself, determinative that the director did not meet the standard of
conduct described in this Code section.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(d)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A corporation may not indemnify a director
under this Code section:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">In connection
with a proceeding by or in the right of the corporation, except for
reasonable expenses incurred in connection with the proceeding if it is
determined that the director has met the relevant standard of conduct
under this Code section; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">In
connection with any proceeding with respect to conduct for which he or
she was adjudged liable on the basis that personal benefit was
improperly received by him or her, whether or not involving action in
his or her official capacity.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-852.&nbsp;&nbsp;&nbsp;&nbsp;Mandatory
indemnification.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">A corporation shall indemnify a director who
was wholly successful, on the merits or otherwise, in the defense of
any proceeding to which he or she was a party because he or she was a
director of the corporation against reasonable expenses incurred by the
director in connection with the proceeding.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-853.&nbsp;&nbsp;&nbsp;&nbsp;Advance for or reimbursement of expenses.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A corporation may, before final disposition
of a proceeding, advance funds to pay for or reimburse the reasonable
expenses incurred by a director who is a party to a proceeding because
he or she is a director if he or she delivers to the corporation:</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">4</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">A written
affirmation of his or her good faith belief that he or she has met the
relevant standard of conduct described in Code Section 14-2-851 or that
the proceeding involves conduct for which liability has been eliminated
under a provision of the articles of incorporation as authorized by
paragraph (4) of subsection (b) of Code Section 14-2-202; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">His or her written undertaking to
repay any funds advanced if it is ultimately determined that the
director is not entitled to indemnification under this part.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The undertaking required by paragraph (2)
of subsection (a) of this Code section must be an unlimited general
obligation of the director but need not be secured and may be accepted
without reference to the financial ability of the director to make
repayment.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Authorizations under this
Code section shall be made:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">By
the board of directors:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">When
there are two or more disinterested directors, by a majority vote of
all the disinterested directors (a majority of whom shall for such
purpose constitute a quorum) or by a majority of the members of a
committee of two or more disinterested directors appointed by such a
vote; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">When there are fewer
than two disinterested directors, by the vote necessary for action by
the board in accordance with subsection (c) of Code Section 14-2-824,
in which authorization directors who do not qualify as disinterested
directors may participate; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">By
the shareholders, but shares owned or voted under the control of a
director who at the time does not qualify as a disinterested director
with respect to the proceeding may not be voted on the
authorization.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-854.&nbsp;&nbsp;&nbsp;&nbsp;Court-ordered
indemnification.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A director who is a
party to a proceeding because he or she is a director may apply for
indemnification or advance for expenses to the court conducting the
proceeding or to another court of competent jurisdiction. After receipt
of an application and after giving any notice it considers necessary,
the court shall:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">Order
indemnification or advance for expenses if it determines that the
director is entitled to indemnification under this part; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">Order indemnification or advance for
expenses if it determines, in view of all the relevant circumstances,
that it is fair and reasonable to indemnify the director or to advance
expenses to the director, even if the director has not met the relevant
standard of conduct set forth in subsections (a) and (b) of Code
Section 14-2-851, failed to comply with Code Section 14-2-853, or was
adjudged liable in a proceeding referred to in paragraph (1) or (2) of
subsection (d) of Code Section 14-2-851, but if the director was
adjudged so liable, the indemnification shall be limited to reasonable
expenses incurred in connection with the proceeding.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">If the court determines that the director
is entitled to indemnification or advance for expenses under this part,
it may also order the corporation to pay the director's
reasonable expenses to obtain court-ordered indemnification or advance
for expenses.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-855.&nbsp;&nbsp;&nbsp;&nbsp;Determination and authorization of
indemnification.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A corporation may not
indemnify a director under Code Section 14-2-851 unless authorized
thereunder and a determination has been made for a specific proceeding
that indemnification of the director is permissible in the
circumstances because he or she has met the relevant standard of
conduct set forth in Code Section 14-2-851.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">5</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The determination
shall be made:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">If there are two
or more disinterested directors, by the board of directors by a
majority vote of all the disinterested directors (a majority of whom
shall for such purpose constitute a quorum) or by a majority of the
members of a committee of two or more disinterested directors appointed
by such a vote;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">By special legal
counsel:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">Selected in the manner
prescribed in paragraph (1) of this subsection; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">If there are fewer than two
disinterested directors, selected by the board of directors (in which
selection directors who do not qualify as disinterested directors may
participate); or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(3)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">By the
shareholders, but shares owned by or voted under the control of a
director who at the time does not qualify as a disinterested director
may not be voted on the determination.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Authorization of indemnification or an
obligation to indemnify and evaluation as to reasonableness of expenses
shall be made in the same manner as the determination that
indemnification is permissible, except that if there are fewer than two
disinterested directors or if the determination is made by special
legal counsel, authorization of indemnification and evaluation as to
reasonableness of expenses shall be made by those entitled under
subparagraph (b) (2) (B) of this Code section to select special legal
counsel.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-856.&nbsp;&nbsp;&nbsp;&nbsp;Indemnification of directors.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">If authorized by the articles of
incorporation or a bylaw, contract, or resolution approved or ratified
by the shareholders by a majority of the votes entitled to be cast, a
corporation may indemnify or obligate itself to indemnify a director
made a party to a proceeding including a proceeding brought by or in
the right of the corporation, without regard to the limitations in
other Code sections of this part, but shares owned or voted under the
control of a director who at the time does not qualify as a
disinterested director with respect to any existing or threatened
proceeding that would be covered by the authorization may not be voted
on the authorization.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The corporation
shall not indemnify a director under this Code section for any
liability incurred in a proceeding in which the director is adjudged
liable to the corporation or is subjected to injunctive relief in favor
of the corporation:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">For any
appropriation, in violation of the director's duties, of any
business opportunity of the corporation;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">For acts or omissions which involve
intentional misconduct or a knowing violation of law;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(3)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">For the types of liability set forth
in Code Section 14-2-832; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(4)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">For
any transaction from which he or she received an improper personal
benefit.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Where approved or authorized
in the manner described in subsection (a) of this Code section, a
corporation may advance or reimburse expenses incurred in advance of
final disposition of the proceeding only if:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">The director furnishes the
corporation a written affirmation of his or her good faith belief that
his or her conduct does not constitute behavior of the kind described
in subsection (b) of this Code section; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">The director furnishes the
corporation a written undertaking, executed personally or on his or her
behalf, to repay any advances if it is ultimately determined that the
director is not entitled to indemnification under this Code
section.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">6</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-857.&nbsp;&nbsp;&nbsp;&nbsp;Indemnification of
officers, employees, and agents.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A
corporation may indemnify and advance expenses under this part to an
officer of the corporation who is a party to a proceeding because he or
she is an officer of the corporation:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">To the same extent as a director;
and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="79"></td>
<td><img src="spacer.gif" height="1" width="523"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 40pt; text-align: left;  font-style: normal; width: 60pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 396pt">If he or she is not a
director, to such further extent as may be provided by the articles of
incorporation, the bylaws, a resolution of the board of directors, or
contract except for liability arising out of conduct that
constitutes:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">Appropriation, in
violation of his or her duties, of any business opportunity of the
corporation;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">Acts or omissions
which involve intentional misconduct or a knowing violation of law;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(C)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">The types of liability set forth in
Code Section 14-2-832; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 60pt; text-align: left;  font-style: normal; width: 90pt">(D)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">Receipt of an improper personal
benefit.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The provisions of paragraph
(2) of subsection (a) of this Code section shall apply to an officer
who is also a director if the sole basis on which he or she is made a
party to the proceeding is an act or omission solely as an officer.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">An officer of a corporation who is not a
director is entitled to mandatory indemnification under Code Section
14-2-852, and may apply to a court under Code Section 14-2-854 for
indemnification or advances for expenses, in each case to the same
extent to which a director may be entitled to indemnification or
advances for expenses under those provisions.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(d)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A corporation may also indemnify and
advance expenses to an employee or agent who is not a director to the
extent, consistent with public policy, that may be provided by its
articles of incorporation, bylaws, general or specific action of its
board of directors, or contract.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-858.&nbsp;&nbsp;&nbsp;&nbsp;Insurance.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">A corporation may purchase and maintain insurance on behalf of an
individual who is a director, officer, employee, or agent of the
corporation or who, while a director, officer, employee, or agent of
the corporation, serves at the corporation's request as a
director, officer, partner, trustee, employee, or agent of another
domestic or foreign corporation, partnership, joint venture, trust,
employee benefit plan, or other entity against liability asserted
against or incurred by him or her in that capacity or arising from his
or her status as a director, officer, employee, or agent, whether or
not the corporation would have power to indemnify or advance expenses
to him or her against the same liability under this part.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">14-2-859.&nbsp;&nbsp;&nbsp;&nbsp;Obligation for indemnification or advance for
expenses in advance of act or omission.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A corporation may, by a provision in its
articles of incorporation or bylaws or in a resolution adopted or a
contract approved by its board of directors or shareholders, obligate
itself in advance of the act or omission giving rise to a proceeding to
provide indemnification or advance funds to pay for or reimburse
expenses consistent with this part. Any such obligatory provision shall
be deemed to satisfy the requirements for authorization referred to in
subsection (c) of Code Section 14-2-853 or subsection (c) of Code
Section 14-2-855. Any such provision that obligates the corporation to
provide indemnification to the fullest extent permitted by law shall be
deemed to obligate the corporation to advance funds to pay for or
reimburse expenses in accordance with Code Section 14-2-853 to the
fullest extent permitted by law, unless the provision specifically
provides otherwise.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Any provision
pursuant to subsection (a) of this Code section shall not obligate the
corporation to indemnify or advance expenses to a director of a
predecessor of the corporation, pertaining to conduct with respect to
the predecessor, unless otherwise </td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">7</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 0pt; text-align: left;  font-style: normal; width: 42pt">&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">
specifically provided. Any provision for
indemnification or advance for expenses in the articles of
incorporation, bylaws, or a resolution of the board of directors or
shareholders, partners, or, in the case of limited liability companies,
members or managers of a predecessor of the corporation or other entity
in a merger or in a contract to which the predecessor is a party,
existing at the time the merger takes effect, shall be governed by
paragraph (3) of subsection (a) of Code Section 14-2-1106.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">A corporation may, by a provision in its
articles of incorporation, limit any of the rights to indemnification
or advance for expenses created by or pursuant to this part.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(d)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">This part does not limit a
corporation's power to pay or reimburse expenses incurred by a
director or an officer in connection with his or her appearance as a
witness in a proceeding at a time when he or she is not a party.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(e)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Except as expressly provided in Code
Section 14-2-857, this part does not limit a corporation's power
to indemnify, advance expenses to, or provide or maintain insurance on
behalf of an employee or agent.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">Articles of Incorporation
Authority</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Article 14 of the Company's Amended and
Restated Articles of Incorporation provides:</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:60pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">In
addition to any powers provided by law, in the Bylaws, or otherwise,
the Corporation shall have the power to indemnify any person who
becomes a party or who is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding, whether
civil, criminal, administrative or investigative (including any action
by or in the right of the Corporation), by reason of the fact that he
is or was a director, officer, employee or agent of the Corporation, or
is or was serving at the request of the Corporation as a director,
officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">Bylaw Authority</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The
Company is referred to in its Bylaws as the
"Corporation". Article VII of the
Company's Amended and Restated Bylaws provides:</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION
1.&nbsp;&nbsp;&nbsp;&nbsp;Definitions.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">As used in this Article, the term:</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Corporation</font>"
includes any domestic or foreign predecessor entity of this Corporation
in a merger or other transaction in which the predecessor's
existence ceased upon consummation of the transaction.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Director</font>"
means an individual who is or was a director of the Corporation or an
individual who, while a director of the Corporation, is or was serving
at the Corporation's request as a director, officer, partner,
trustee, employee, or agent of another foreign or domestic corporation,
partnership, joint venture, trust, employee benefit plan, or other
entity. A "director" is considered to be
serving an employee benefit plan at the Corporation's request if
his duties to the Corporation also impose duties on, or otherwise
involve services by, him to the plan or to participants in or
beneficiaries of the plan. "Director"
includes, unless the context requires otherwise, the estate or personal
representative of a director.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(C)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Disinterested
director</font>" means a director who at the time of a vote
referred to in Section  3(C) or a vote or selection referred to
in Section 4(B), 4(C) or 7(A) is not: (i) a party to the proceeding; or
(ii) an individual who is a party to a proceeding having a familial,
financial, professional, or employment relationship with the director
whose indemnification or advance for expenses is the subject of the
decision being made with respect to the proceeding, which relationship
would, in the circumstances, reasonably be expected to exert an
influence on the director's judgment when voting on the decision
being made.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">8</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(D)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Employee</font>"
means an individual who is or was an employee of the Corporation or an
individual who, while an employee of the Corporation, is or was serving
at the Corporation's request as a director, officer, partner,
trustee, employee, or agent of another foreign or domestic corporation,
partnership, joint venture, trust, employee benefit plan, or other
enterprise. An "Employee" is considered to be
serving an employee benefit plan at the Corporation's request if
his duties to the Corporation also impose duties on, or otherwise
involve services by, him to the plan or to participants in or
beneficiaries of the plan. "Employee"
includes, unless the context requires otherwise, the estate or personal
representative of an employee.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(E)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Expenses</font>"
includes counsel fees.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(F)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Liability</font>"
means the obligation to pay a judgment, settlement, penalty, fine
(including an excise tax assessed with respect to an employee benefit
plan), or reasonable expenses incurred with respect to a
proceeding.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(G)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Officer</font>"
means an individual who is or was an officer of the Corporation which
for purposes of this Article VII shall include an assistant officer, or
an individual who, while an Officer of the Corporation, is or was
serving at the Corporation's request as a director, officer,
partner, trustee, employee, or agent of another foreign or domestic
corporation, partnership, joint venture, trust, employee benefit plan,
or other entity. An "Officer" is considered
to be serving an employee benefit plan at the Corporation's
request if his duties to the Corporation also impose duties on, or
otherwise involve services by, him to the plan or to participants in or
beneficiaries of the plan. "Officer"
includes, unless the context requires otherwise, the estate or personal
representative of an Officer.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(H)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Official
capacity</font>" means: (i) when used with respect to a
director, the office of a director in a corporation; and (ii) when used
with respect to an Officer, the office in a corporation held by the
Officer. Official capacity does not include service for any other
domestic or foreign corporation or any partnership, joint venture,
trust, employee benefit plan, or other entity.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(I)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Party</font>"
means an individual who was, is, or is threatened to be made a named
defendant or respondent in a proceeding.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(J)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">"<font style="font-weight: normal; font-style: italic">Proceeding</font>"
means any threatened, pending or completed action, suit, or proceeding,
whether civil, criminal, administrative, arbitrative or investigative
and whether formal or informal.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 2.&nbsp;&nbsp;&nbsp;&nbsp;Basic
Indemnification Arrangement.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">Except as
provided in subsection (D) below and, if required by Section 4 below,
upon a determination pursuant to Section 4 in the specific case that
such indemnification is permissible in the circumstances under this
subsection because the individual has met the standard of conduct set
forth in this subsection (A), the Corporation shall indemnify an
individual who is made a party to a proceeding because he is or was a
director or Officer against liability incurred by him in the proceeding
if he conducted himself in good faith and, in the case of conduct in
his official capacity, he reasonably believed such conduct was in the
best interest of the Corporation, or in all other cases, he reasonably
believed such conduct was at least not opposed to the best interests of
the Corporation and, in the case of any criminal proceeding, he had no
reasonable cause to believe his conduct was unlawful.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">A person's conduct with respect to an
employee benefit plan for a purpose he believes in good faith to be in
the interests of the participants in and beneficiaries of the plan is
conduct that satisfies the requirement of subsection 2(A) above.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(C)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The termination of a proceeding by judgment,
order, settlement, or conviction, or upon a plea of nolo contendere or
its equivalent is not, of itself, determinative that the proposed
indemnitee did not meet the standard of conduct set forth in subsection
2(A) above.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">9</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(D)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The Corporation
shall not indemnify a person under this Article in connection with (i)
a proceeding by or in the right of the Corporation, except for
reasonable expenses incurred in connection with the proceeding if it is
determined that such person has met the relevant standard of conduct
under this section, or (ii) with respect to conduct for which such
person was adjudged liable on the basis that personal benefit was
improperly received by him, whether or not involving action in his
official capacity.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 3.&nbsp;&nbsp;&nbsp;&nbsp;Advances for Expenses.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The Corporation may advance funds to pay for
or reimburse the reasonable expenses incurred by a director or Officer
who is a party to a proceeding because he is a director or Officer in
advance of final disposition of the proceeding if: (i) such person
furnishes the Corporation a written affirmation of his good faith
belief that he has met the relevant standard of conduct set forth in
subsection 2(A) above or that the proceeding involves conduct for which
liability has been eliminated under the Corporation's Articles of
Incorporation; and (ii) such person furnishes the Corporation a written
undertaking meeting the qualifications set forth below in subsection
3(B), executed personally or on his behalf, to repay any funds advanced
if it is ultimately determined that he is not entitled to any
indemnification under this Article or otherwise.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The undertaking required by subsection
3(A)(ii) above must be an unlimited general obligation of the director
or Officer but need not be secured and shall be accepted without
reference to financial ability to make repayment.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(C)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">Authorizations under this Section shall be
made: (i) By the Board of Directors: (a) when there are two or more
disinterested directors, by a majority vote of all disinterested
directors (a majority of whom shall for such purpose constitute a
quorum) or by a majority of the members of a committee of two or more
disinterested directors appointed by such a vote; or (b) when there are
fewer than two disinterested directors, by a majority of the directors
present, in which authorization directors who do not qualify as
disinterested directors may participate; or (ii) by the shareholders,
but shares owned or voted under the control of a director who at the
time does not qualify as a disinterested director with respect to the
proceeding may not be voted on the authorization.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION
4.&nbsp;&nbsp;&nbsp;&nbsp;Authorization of and Determination of Entitlement to
Indemnification.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The Corporation shall
not indemnify a director or Officer under Section 2 above unless
authorized thereunder and a determination has been made for a specific
proceeding that indemnification of such person is permissible in the
circumstances because he has met the relevant standard of conduct set
forth in subsection 2(A) above; provided, however, that regardless of
the result or absence of any such determination, to the extent that a
director or Officer has been wholly successful, on the merits or
otherwise, in the defense of any proceeding to which he was a party
because he is or was a director or Officer, the Corporation shall
indemnify such person against reasonable expenses incurred by him in
connection therewith.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The determination
referred to in subsection 4(A) above shall be made:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(i)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">If there are two or more
disinterested directors, by the board of directors by a majority vote
of all the disinterested directors (a majority of whom shall for such
purpose constitute a quorum) or by a majority of the members of a
committee of two or more disinterested directors appointed by such a
vote;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(ii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">by special legal
counsel:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="135"></td>
<td><img src="spacer.gif" height="1" width="467"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 72pt; text-align: left;  font-style: normal; width: 102pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 354pt">selected by the Board
of Directors or its committee in the manner prescribed in subdivision
(i); or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="135"></td>
<td><img src="spacer.gif" height="1" width="467"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 72pt; text-align: left;  font-style: normal; width: 102pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 354pt">If there are fewer than
two disinterested directors, selected by the Board of Directors (in
which selection directors who do not qualify as disinterested directors
may participate); or</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">10</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(iii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">by the
shareholders; but shares owned by or voted under the control of a
director who at the time does not qualify as a disinterested director
may not be voted on the determination.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(C)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">Authorization of indemnification or an
obligation to indemnify and evaluation as to reasonableness of expenses
of a director or Officer in the specific case shall be made in the same
manner as the determination that indemnification is permissible, as
described in subsection 4(B) above, except that if there are fewer than
two disinterested directors or if the determination is made by special
legal counsel, authorization of indemnification and evaluation as to
reasonableness of expenses shall be made by those entitled under
subsection 4(B)(ii)(2) above to select counsel.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(D)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The Board of Directors, a committee thereof,
or special legal counsel acting pursuant to subsection (B) above or
Section 5 below, shall act expeditiously upon an application for
indemnification or advances, and cooperate in the procedural steps
required to obtain a judicial determination under Section 5 below.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(E)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The Corporation may, by a provision in its
Articles of Incorporation or Bylaws or in a resolution adopted or a
contract approved by its Board of Directors or shareholders, obligate
itself in advance of the act or omission giving rise to a proceeding to
provide indemnification or advance funds to pay for or reimburse
expenses consistent with this part. Any such obligatory provision shall
be deemed to satisfy the requirements for authorization referred to in
Section 3(C) or Section 4(C).</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 5.&nbsp;&nbsp;&nbsp;&nbsp;Court-Ordered
Indemnification and Advances for Expenses.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">A director or
Officer who is a party to a proceeding because he is a director or
Officer may apply for indemnification or advances for expenses to the
court conducting the proceeding or to another court of competent
jurisdiction. After receipt of an application and after giving any
notice it considers necessary, the court shall order indemnification or
advances for expenses if it determines that:</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(i)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The director is entitled to indemnification
under this part; or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(ii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">In view of all the
relevant circumstances, it is fair and reasonable to indemnify the
director or Officer or to advance expenses to the director or Officer,
even if the director or Officer has not met the relevant standard of
conduct set forth in subsection 2(A) above, failed to comply with
Section 3, or was adjudged liable in a proceeding referred to in
subsections (i) or (ii) of Section 2(D), but if the director or Officer
was adjudged so liable, the indemnification shall be limited to
reasonable expenses incurred in connection with the proceeding, unless
the Articles of Incorporation of the Corporation or a Bylaw, contract
or resolution approved or ratified by shareholders pursuant to Section
7 below provides otherwise.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">If the court determines that the
director or Officer is entitled to indemnification or advance for
expenses, it may also order the Corporation to pay the director's
or Officer's reasonable expenses to obtain court-ordered
indemnification or advance for expenses.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION
6.&nbsp;&nbsp;&nbsp;&nbsp;Indemnification of Officers and Employees.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">Unless the Corporation's Articles of
Incorporation provide otherwise, the Corporation shall indemnify and
advance expenses under this Article to an employee of the Corporation
who is not a director or Officer to the same extent, consistent with
public policy, as to a director or Officer.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">The Corporation may indemnify and advance
expenses under this Article to an Officer of the Corporation who is a
party to a proceeding because he is an Officer of the Corporation: (i)
to the same extent as a director; and (ii) if he is not a director, to
such further extent as may be provided by the Articles of
Incorporation, the Bylaws, a resolution of the Board of Directors, or
contract except for liability arising out of conduct that is enumerated
in subsections (A)(i) through (A)(iv) of Section 7.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">11</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The provisions of this Section shall also
apply to an Officer who is also a director if the sole basis on which
he is made a party to the proceeding is an act or omission solely as an
Officer.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 7.&nbsp;&nbsp;&nbsp;&nbsp;Shareholder Approved
Indemnification.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(A)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">If authorized by the
Articles of Incorporation or a Bylaw, contract or resolution approved
or ratified by shareholders of the Corporation by a majority of the
votes entitled to be cast, the Corporation may indemnify or obligate
itself to indemnify a person made a party to a proceeding, including a
proceeding brought by or in the right of the Corporation, without
regard to the limitations in other sections of this Article, but shares
owned or voted under the control of a director who at the time does not
qualify as a disinterested director with respect to any existing or
threatened proceeding that would be covered by the authorization may
not be voted on the authorization. The Corporation shall not indemnify
a person under this Section 7 for any liability incurred in a
proceeding in which the person is adjudged liable to the Corporation or
is subjected to injunctive relief in favor of the Corporation:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(i)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">for any appropriation, in violation
of his duties, of any business opportunity of the Corporation;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(ii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">for acts or omissions which involve
intentional misconduct or a knowing violation of law;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(iii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">for the types of liability set
forth in Section 14-2-832 of the Georgia Business Corporation Code;
or</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(iv)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">for any transaction from
which he received an improper personal benefit.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="63"></td>
<td><img src="spacer.gif" height="1" width="539"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 48pt">(B)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 408pt">Where approved or authorized in the manner
described in subsection 7(A) above, the Corporation may advance or
reimburse expenses incurred in advance of final disposition of the
proceeding only if:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(i)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">the proposed
indemnitee furnishes the Corporation a written affirmation of his good
faith belief that his conduct does not constitute behavior of the kind
described in subsection 7(A)(i)-(iv) above; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="95"></td>
<td><img src="spacer.gif" height="1" width="507"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 48pt; text-align: left;  font-style: normal; width: 72pt">(ii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 384pt">the proposed indemnitee furnishes
the Corporation a written undertaking, executed personally, or on his
behalf, to repay any advances if it is ultimately determined that he is
not entitled to indemnification.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 8.&nbsp;&nbsp;&nbsp;&nbsp;Liability
Insurance.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The Corporation may purchase and maintain insurance
on behalf of an individual who is a director, officer, employee, or
agent of the Corporation or who, while a director, officer, employee,
or agent of the Corporation, is or was serving at the request of the
Corporation as a director, officer, partner, trustee, employee, or
agent of another foreign or domestic corporation, partnership, joint
venture, trust, employee benefit plan, or other entity against
liability asserted against or incurred by him in that capacity or
arising from his status as a director, officer, employee, or agent,
whether or not the Corporation would have power to indemnify him
against the same liability under Section 2 or Section 3 above.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 9.&nbsp;&nbsp;&nbsp;&nbsp;Witness Fees.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Nothing in this Article shall
limit the Corporation's power to pay or reimburse expenses
incurred by a person in connection with his appearance as a witness in
a proceeding at a time when he is not a party.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION
10.&nbsp;&nbsp;&nbsp;&nbsp;Report to Shareholders.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">If the Corporation indemnifies
or advances expenses to a director in connection with a proceeding by
or in the right of the Corporation, the Corporation shall report the
indemnification or advance, in writing, to shareholders with or before
the notice of the next shareholders' meeting.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">12</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 11.&nbsp;&nbsp;&nbsp;&nbsp;Severability.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">In the event that any of the provisions of this Article (including
any provision within a single section, subsection, division or
sentence) is held by a court of competent jurisdiction to be invalid,
void or otherwise unenforceable, the remaining provisions of this
Article shall remain enforceable to the fullest extent permitted by
law.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 12.&nbsp;&nbsp;&nbsp;&nbsp;Indemnification Not Exclusive.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The rights of indemnification provided in this Article VII shall be
in addition to any rights which any such director, Officer, employee or
other person may otherwise be entitled by contract or as a matter of
law.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SECTION 13.&nbsp;&nbsp;&nbsp;&nbsp;Amendments to Georgia Business
Corporation Code.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">In the event that, following the date of
these Bylaws, the Georgia Business Corporation Code is amended to
expand the indemnification protections that a Georgia corporation is
permitted to provide to its directors, Officers and/or Employees, as
applicable, the indemnification protections set forth in this Article
VII shall be automatically amended, without any further action by the
Board of Directors, the shareholders of the Corporation or the
Corporation, to provide the same indemnification protections to the
fullest extent provided by such amendments to the Georgia Business
Corporation Code.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM 7.&nbsp;&nbsp;&nbsp;&nbsp;EXEMPTION FROM REGISTRATION
CLAIMED.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Not applicable.</p>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM 8.&nbsp;&nbsp;&nbsp;&nbsp;EXHIBITS.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">The following exhibits are filed as part of this Registration
Statement:</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 6px" align="left">
<div style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="75"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="381"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
</tr>
<tr>
<td style="font-size: 8pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">EXHIBIT<br>NUMBER</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 8pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #ffffff;" align="left" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: bold; font-style: normal;background-color: #ffffff;">DESCRIPTION</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #cceeff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #cceeff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #cceeff;">4.1</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #cceeff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #cceeff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #cceeff;" align="left" valign="t" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">Articles
5, 6, 7, 8, 11 and 13 of the Amended and Restated Articles of
Incorporation of the Company, effective as of November 14, 1989, and
amendment effective as of April 24, 1998 incorporated by reference to
Exhibit 3.1 to the Company's Annual Report on Form  10-K
for the year ended December 31, 1998, and amendment effective as of
April 18, 2000, incorporated by reference to Exhibit 3.1 to the
Company's Form 10-Q as of March 31,
2000.</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #ffffff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">4.2</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Articles I, IV, VII, VIII, X and
XI of the Amended and Restated Bylaws of the Company, effective as of
April 19, 2005, incorporated by reference to Exhibit 3.3 to the
Company's Current Report on Form 8-K dated April 22,
2005.</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #cceeff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #cceeff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #cceeff;">4.3</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #cceeff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #cceeff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #cceeff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">Amended and Restated SunTrust
Banks, Inc. 401(k) Plan (the "Plan"),
effective January 1, 2006.</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #ffffff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">4.4</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">SunTrust
Banks, Inc. 401(k) Trust Agreement (formerly known as the SunTrust
Banks, Inc. Employee Stock Ownership Trust), as amended, incorporated
by reference to Exhibit 4.4 of Registration Statement Number
333-91519.</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #cceeff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #cceeff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #cceeff;">5.1</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #cceeff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">(1)&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #cceeff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #cceeff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">Opinion of Raymond D.
Fortin, Esq., as to the legality of the Common Stock being
registered.</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #ffffff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">23.1</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Consent of
PricewaterhouseCoopers LLP.</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #cceeff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #cceeff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #cceeff;">23.2</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #cceeff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #cceeff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #cceeff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #cceeff;">Consent of
Raymond D. Fortin, Esq. (contained in his opinion filed as Exhibit
5.1).</font></td>
</tr>
<tr>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 0pt; background-color: #ffffff;" align="right" valign="top" colspan="1"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-left: 10pt; text-indent: -10pt;  padding-top: 0pt;background-color: #ffffff;" align="right" valign="top" colspan="1" nowrap="nowrap"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal; background-color: #ffffff;">24.1</font></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff; padding-top: 0pt ;background-color: #ffffff;white-space:nowrap;" align="left" valign="top"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 10pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 10pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Power of Attorney (included on
Signature Page).</font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="32"></td>
<td><img src="spacer.gif" height="1" width="602"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt;  padding-left: 0pt; text-align: left"><font style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt;  padding-left: 0pt; text-align: left">(1)</font></td>
<td align="left" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt;  padding-bottom: 6pt;"><font style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt;  padding-bottom: 6pt;">The
undersigned registrant hereby undertakes that it has submitted or will
submit the Plan and any amendments thereto to the Internal Revenue
Service in order to qualify the Plan and has made or will make all
changes required by the Internal Revenue Service in order to qualify
the Plan.</font></td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">13</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: 0pt; padding-bottom: 0pt; background-color: #ffffff;">ITEM 9.&nbsp;&nbsp;&nbsp;&nbsp;UNDERTAKINGS.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(a)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The undersigned registrant hereby
undertakes:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="87"></td>
<td><img src="spacer.gif" height="1" width="515"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 42pt; text-align: left;  font-style: normal; width: 66pt">(1)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 390pt">To file, during any
period in which offers or sales are being made, a post-effective
amendment to this registration statement:</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 66pt; text-align: left;  font-style: normal; width: 90pt">(i)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">To include any prospectus required
by Section  10(a)(3) of the Securities Act;</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 66pt; text-align: left;  font-style: normal; width: 90pt">(ii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">To reflect in the prospectus any
facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the
information set forth in the registration statement; and</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="119"></td>
<td><img src="spacer.gif" height="1" width="483"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 66pt; text-align: left;  font-style: normal; width: 90pt">(iii)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 366pt">To include any material
information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change in such
information in the registration statement;</td>
</tr>
</table>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 0pt; background-color: #ffffff">
<font style="font-weight: normal; font-style: italic">provided,
however,</font> that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the registration statement is on Form  S-8 and the information
required to be included in a post-effective amendment by those
paragraphs is contained in reports filed with or furnished to the
Commission by the registrant pursuant to Section  13 or
Section  15(d) of the Exchange Act that are incorporated by
reference in the registration statement.</p>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="87"></td>
<td><img src="spacer.gif" height="1" width="515"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 42pt; text-align: left;  font-style: normal; width: 66pt">(2)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 390pt">That, for the purpose of
determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona
fide offering thereof.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="87"></td>
<td><img src="spacer.gif" height="1" width="515"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 42pt; text-align: left;  font-style: normal; width: 66pt">(3)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 390pt">To
remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination
of the offering.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(b)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">The undersigned
registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section  13(a) or
15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section
15(d) of the Exchange Act) that is incorporated by reference in the
registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona
fide offering thereof.</td>
</tr>
</table>
<table cellpadding="0" cellspacing="0" border="0" width="602">
<tr>
<td><img src="spacer.gif" height="1" width="55"></td>
<td><img src="spacer.gif" height="1" width="546"></td>
</tr>
<tr>
<td align="right" valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top: 6pt; padding-left: 20pt; text-align: left;  font-style: normal; width: 42pt">(c)&nbsp;</td>
<td valign="top" style="font-family:serif;font-weight:normal;color:#000000;font-size: 10pt; padding-top:6pt; padding-bottom: 6pt; text-align: left; font-style: normal; width: 414pt">Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the
registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Commission such
indemnification is against pubic policy as expressed in the Securities
Act, and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered,
the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by
it is against public policy as expressed in the Securities Act and will
be governed by the final adjudication of such issue.</td>
</tr>
</table>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">14</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 0pt; background-color: #ffffff;">SIGNATURES</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">THE
REGISTRANT. Pursuant to the requirements of the Securities Act of 1933,
SunTrust Banks, Inc. certifies that it has reasonable grounds to
believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of
Atlanta, State of Georgia, on the 23rd day of February, 2006.</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 6px" align="left">
<div style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="219"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="18"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="231"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="7"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">SUNTRUST
BANKS, INC.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">By:</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ L. Phillip Humann&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">L. Phillip Humann<br> Chairman of the Board
and<br> Chief Executive Officer</font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 0pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">KNOW ALL MEN BY
THESE PRESENTS, that each person whose signature appears below,
constitutes and appoints Mark A. Chancy and Raymond D. Fortin, and each
of them, his true and lawful attorneys-in-fact and agents, with full
power of substitution and resubstitution, to do any and all acts and
things and execute, in the name of the undersigned, any and all
instruments which said attorneys-in-fact and agents may deem necessary
or advisable in order to enable SunTrust Banks, Inc. to comply with the
Securities Act of 1933 and any requirements of the Securities and
Exchange Commission in respect thereof, in connection with the filing
with the Securities and Exchange Commission of the registration
statement on Form  S-8 under the Securities Act of 1933,
including specifically but without limitation, power and authority to
sign the name of the undersigned to such registration statement, and to
file the same with all exhibits thereto and other documents in
connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents, and each of them, full
power and authority to do and to perform each and every act and thing
requisite or necessary to be done in and about the premises, as fully
and to all intents and purposes as the undersigned might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact
and agents, and any of them, or their substitutes, may lawfully do or
cause to be done by virtue hereof.</p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been
signed by the following persons in the capacities indicated as of the
14th day of February,
2006.</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 6px" align="left">
<div style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="195"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="305"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ L. Phillip
Humann&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>L.  Phillip
Humann</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Chairman of the Board,<br> Chief Executive
Officer and<br>Director (Principal Executive Officer)</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 8pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Mark A.
Chancy&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Mark A.
Chancy</font></td>
<td style="padding-top: 8pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 8pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Corporate Executive Vice President and Chief
Financial<br> Officer (Principal Financial Officer)</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Thomas
Panther&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Thomas
Panther</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Senior Vice President and Controller
(Principal Accounting
Officer)</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 24pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Robert M.
Beall, II&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Robert M. Beall,
II</font></td>
<td style="padding-top: 24pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 24pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
J. Hyatt Brown&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>J.
Hyatt Brown</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>
Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Alston D.
Correll&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Alston  D.
Correll</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">15</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 0px" align="left">
<div style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="195"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="305"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Jeffrey
C.
Crowe</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
Thomas C. Farnsworth, Jr.&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Thomas C. Farnsworth,
Jr.</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
Patricia C. Frist&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Patricia
C.
Frist</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
Blake P. Garrett, Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Blake P.
Garrett, Jr.</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
Thomas M. Garrott&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Thomas M.
Garrott</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
David H. Hughes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>David H.
Hughes</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
E. Neville Isdell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>E.
Neville
Isdell</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
M. Douglas Ivester&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>M. Douglas
Ivester</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/
J. Hicks Lanier&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>J. Hicks
Lanier</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ G. Gilmer Minor,
III&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>G. Gilmer Minor, III</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Larry L.
Prince&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Larry L.
Prince</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Frank S. Royal,
M.D.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Frank S. Royal, M.D.</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Karen Hastie
Williams&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Karen Hastie
Williams</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ Dr. Phail Wynn,
Jr.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
<br>Dr. Phail Wynn,
Jr.</font></td>
<td style="padding-top: 16pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 16pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;&nbsp;<br>Director</font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt;  width: 456pt; text-align: left; font-style: normal; line-height: 12pt; padding-top:6pt; padding-left:0pt; padding-right:0pt; padding-bottom: 6pt; margin: 0pt; text-indent: 20pt; background-color: #ffffff">Pursuant to
the requirements of the Securities Act of 1933, the trustees (or other
persons who administer the employee benefit plan) have duly caused this
registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Atlanta, State of Georgia, on
the 23rd day of February, 2006.</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px" align="left">
<div style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="219"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="18"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="231"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="7"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">SUNTRUST
BANKS, INC. 401(k) Plan</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 8pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 8pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 8pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">By:</font></td>
<td style="padding-top: 8pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 8pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;"><u>/s/ L. Phillip
Humann&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom:  3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;</font></td>
<td style="padding-top: 0pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 0pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">L. Phillip Humann on behalf of SunTrust
Banks, Inc. as Plan Administrator</font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">16</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>
<page>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;"></p>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">17</p>
<br>
<hr width="760" style="padding-left: 0pt;" align="left">
<br>






<page>
<p style="font-family:serif;font-weight:bold;color:#000000;font-size:10pt;  width: 456pt; text-align: center; font-style: normal; line-height: 12pt; padding-top: 12pt; padding-left:0pt; padding-right:0pt; margin: 0pt; text-indent: pt; padding-bottom: 6pt; background-color: #ffffff;">INDEX TO
EXHIBITS</p>
<img src="spacer.gif" height="10" width="1"><br>
<div style="border: 1px solid #FFFFFF; width: 602px; padding-top: 12px" align="left">
<div style="padding:0;margin:0;text-align:center;">
<table style="border-top:none; border-bottom:none; " cellpadding="0" cellspacing="0" border="0" width="602" bgcolor="#ffffff">
<tr style="background-color:none">
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="87"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="6"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
<td><img src="spacer.gif" height="1" width="370"></td>
<td><img src="spacer.gif" height="1" width="1"></td>
</tr>
<tr>
<td style="font-size: 8pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 10pt; background-color: #ffffff;" align="center" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">EXHIBIT<br>
NUMBER</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 8pt; color: #000000; border-bottom: 3px double #ffffff;padding-top: 10pt; background-color: #ffffff;" align="left" valign="bottom" colspan="3"><font style="font-family: serif; font-size: 8pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">DESCRIPTION</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">4.1</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Articles
5, 6, 7, 8, 11 and 13 of the Amended and Restated Articles of
Incorporation of the Company, effective as of November 14, 1989, and
amendment effective as of April 24, 1998 incorporated by reference to
Exhibit 3.1 to the Company's Annual Report on Form  10-K
for the year ended December 31, 1998, and amendment effective as of
April 18, 2000, incorporated by reference to Exhibit 3.1 to the
Company's Form 10-Q as of March 31,
2000.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">4.2</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Articles I, IV, VII, VIII, X and
XI of the Amended and Restated Bylaws of the Company, effective as of
April 19, 2005, incorporated by reference to Exhibit 3.3 to the
Company's Current Report on Form 8-K dated April 22,
2005.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">4.3</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Amended and Restated SunTrust
Banks, Inc. 401(k) Plan (the "Plan"),
effective January 1, 2006.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">4.4</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">SunTrust
Banks, Inc. 401(k) Trust Agreement (formerly known as the SunTrust
Banks, Inc. Employee Stock Ownership Trust), as amended, incorporated
by reference to Exhibit 4.4 of Registration Statement Number
333-91519.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">5.1</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Opinion of Raymond D. Fortin,
Esq., as to the legality of the Common Stock being
registered.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;23.1</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Consent of
PricewaterhouseCoopers
LLP.</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;23.2</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Consent of Raymond D.
Fortin, Esq. (contained in his opinion filed as Exhibit
5.1).</font></td>
</tr>
<tr>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="center" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">&nbsp;&nbsp;&nbsp;24.1</font></td>
<td style="padding-top: 10pt;background-color: #ffffff; border-bottom: 3px double #ffffff;"><img src="spacer.gif" height="1" width="2"></td>
<td style="font-size: 9pt; color: #000000; border-bottom: 3px double #ffffff;padding-left: 0pt; text-indent: 0pt;padding-top: 10pt; background-color: #ffffff;" align="left" valign="top" colspan="3"><font style="font-family: serif; font-size: 9pt; color: #000000; font-weight: normal; font-style: normal;background-color: #ffffff;">Power of Attorney (included
on Signature Page).</font></td>
</tr>
<tr>
<td><img src="spacer.gif" height="10" width="1"></td>
</tr>
</table>
</div>
</div>
<p style="font-family:serif;font-weight:normal;color:#000000;font-size:10pt; text-align: center; width: 456pt;">17</p>
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<hr width="760" style="padding-left: 0pt;" align="left">
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{"company-data": {"conformed-name": "SUNTRUST BANKS INC", "cik": "0000750556", "assigned-sic": "6021", "irs-number": "581575035", "state-of-incorporation": "GA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-132035", "film-number": "06643110"}, "business-address": {"street1": "919 E MAIN ST", "city": "RICHMOND", "state": "VA", "zip": "23219", "phone": "8047827107"}, "mail-address": {"street1": "303 PEACHTREE ST N E", "city": "ATLANTA", "state": "GA", "zip": "30308"}}
As
filed with the Securities and Exchange Commission on February 24,
2006
Registration No.
333-
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM  S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
SUNTRUST BANKS, INC.
(Exact Name of Issuer as Specified in Its Charter)
Georgia
(State or Other Jurisdiction of
Incorporation or
Organization)
58-1575035
(I.R.S. Employer Identification
Number)
303
Peachtree Street, N.E.
Atlanta, Georgia 30308
(Address of
Principal Executive Offices) (Zip Code)
SunTrust Banks, Inc.
401(k)
Plan
(Full Title of the Plan)
Raymond D. Fortin
Corporate
Executive Vice President and General Counsel
SunTrust Banks,
Inc.
303 Peachtree Street
Atlanta, Georgia 30308
(404)
588-7711
(Name, Address and Telephone Number,
Including Area
Code, of Agent for Service)
Copies to:
John D.
Wilson
King & Spalding LLP
191 Peachtree Street
Atlanta, Georgia 30303
(404) 572-4600
CALCULATION OF
REGISTRATION
FEE
TITLE
OF
SEUCRITIES TO BE
REGISTERED
AMOUNT TO BE
REGISTERED
PROPOSED
MAXIMUM
OFFERING PRICE
PER
SHARE (1)
PROPOSED
MAXIMUM
AGGREGATE
OFFERING
PRICE (1)
AMOUNT OF
REGISTRATION
FEE
(1)
Common Stock, $1.00 par
value per
share
10,000,000
$
71.03
$
710,300,000
$
76,003
(1)
Determined
pursuant to Rule 457(c) and (h)(l) based on $71.03, the average of the
high and low prices of the registrant's common stock on February
21, 2006, as reported on the New York Stock Exchange.
In addition, pursuant to Rule 416(c) under the Securities Act
of 1933, this Registration Statement also covers an indeterminate
amount of interests to be offered or sold pursuant to the employee
benefit plan described herein. The prospectus referred to herein also
relates to Registration Statements No.  33-50796, 333-91519 and
333-86306.
PART
I
INFORMATION REQUIRED IN THE SECTION  10(A)
PROSPECTUS
This Registration Statement covers 10,000,000
additional shares of Common Stock, par value $1.00 per share (the
"
Common Stock
") of SunTrust Banks,
Inc. (the "
Company
"), issuable
pursuant to the SunTrust Banks, Inc. 401(k) Plan (the
"
Savings Plan
"). The Company
initially registered the issuance of 2,500,000 shares of Common Stock
in connection with the Savings Plan on its Registration Statement on
Form  S-8 (Registration No.  33-50796) as filed with the
Securities and Exchange Commission (the
"
Commission
") on August  12,
1992. Subsequently, the Company (1) registered the issuance of
8,000,000 additional shares of Common Stock in connection with the
Savings Plan on its Registration Statement on Form  S-8
(Registration No.  333-91519) as filed with the Commission on
November  23, 1999 and (2) registered the issuance of 8,000,000
additional shares of Common Stock in connection with the Savings Plan
on its Registration Statement on Form S-8 (Registration No. 333-86306)
as filed with the Commission on April 16, 2002. The contents of
Registration Statements No.  33-50796, 333-91519 and 333-86306
are incorporated by reference herein. Pursuant to Rule 429, the
Prospectus related to shares of Common Stock registered pursuant to
this Registration Statement for the Savings Plan also relates to shares
of Common Stock registered pursuant to Registration Statements
No.  33-50796, 333-91519 and 333-86306.
As permitted by
the rules of the Commission, this registration statement omits the
information specified in Part I (Items 1 and 2) of Form  S-8. The
documents containing the information specified in Part I will be
delivered to the participants in the Plan as required by Rule 428(b)
under the Securities Act. Such documents are not being filed with the
Commission as part of this registration statement or as prospectuses or
prospectus supplements pursuant to Rule 424.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM
3.    INCORPORATION OF DOCUMENTS BY REFERENCE.
The following
documents filed by the Company with the Commission are incorporated
herein by reference:
(a)
The
Company's Annual Report on Form  10-K for the year ended
December 31, 2004, pursuant to Section  13 of the Securities
Exchange Act of 1934 (the "
Exchange
Act
").
(b)
The
Company's Annual Report for the year ended 2004 for the Savings
Plan on Form  11-K, filed with the Securities and Exchange
Commission on June 30, 2005.
(c)
The
Company's Quarterly Reports on Form 10-Q for the quarters ended
March 31, 2005, June 30, 2005 and September 30, 2005.
(d)
The Company's Current Reports on
Form  8-K dated January 12, 2005, February 11, 2005, March 14,
2005, April 22, 2005, May 31, 2005 (Item 2.03 and the related Item
9.01), August  25, 2005, September 20, 2005, November 30, 2005,
January 6, 2006, January 12, 2006, February 17, 2006 and February 21,
2006.
(e)
The description of the
Company's Common Stock, par value $1.00 per share, contained on
pages 2 to 9 in Amendment No.  1, dated August 4, 1987, to its
Registration of Common Stock on Form  8-A, dated June 10, 1985,
filed under Section  12(b) of the Exchange Act, including any
amendments or reports filed for the purpose of updating such
description.
All documents subsequently filed by the Company or
the Savings Plan pursuant to Sections 13(a), 13(c), 14 and 15(d) of the
Exchange Act after the effective date of this Registration Statement
and prior to the filing of a post-effective amendment which indicates
that all securities offered hereby have been sold or which deregisters
all securities remaining unsold, shall be deemed to be incorporated by
reference herein and to be a part hereof from
the date of the filing of such documents. Any statement contained in a
document incorporated by reference herein shall be deemed to be
modified or superseded for purposes of this Registration Statement to
the extent that a statement herein modifies or supersedes such
statement. Any such statement so modified or superseded shall not be
deemed, except as so modified or superseded, to constitute a part of
this Registration Statement.
ITEM 4.    DESCRIPTION OF
SECURITIES.
Not applicable.
ITEM 5.    INTERESTS OF
NAMED EXPERTS AND COUNSEL.
The legality of the securities
offered hereby has been passed upon by Raymond D. Fortin, Esq., General
Counsel and Corporate Executive Vice President of the Company, who
beneficially owns 10,628 shares of Common Stock which are unrestricted
and 11,200 shares of Common Stock which are restricted and has options
to purchase 96,900 shares of Common Stock.
ITEM
6.    INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Part 5 of
Article 8 of the Georgia Business Corporation Code states:
14-2-850.    Definitions.
As used in this part, the
term:
(1)
"
Corporation
"
includes any domestic or foreign predecessor entity of a corporation in
a merger or other transaction in which the predecessor's
existence ceased upon consummation of the transaction.
(2)
"
Director"
or "officer
" means an individual who is
or was a director or officer, respectively, of a corporation or who,
while a director or officer of the corporation, is or was serving at
the corporation's request as a director, officer, partner,
trustee, employee, or agent of another domestic or foreign corporation,
partnership, joint venture, trust, employee benefit plan, or other
entity. A director or officer is considered to be serving an employee
benefit plan at the corporation's request if his or her duties to
the corporation also impose duties on, or otherwise involve services
by, the director or officer to the plan or to participants in or
beneficiaries of the plan. Director or officer includes, unless the
context otherwise requires, the estate or personal representative of a
director or officer.
(3)
"
Disinterested
director
" means a director who at the time of a vote
referred to in subsection (c) of Code Section 14-2-853 or a vote or
selection referred to in subsection  (b) or (c) of Code Section
14-2-855 or subsection (a) of Code Section 14-2-856 is not:
(A)
A party to the proceeding; or
(B)
An individual who is a party to a
proceeding having a familial, financial, professional, or employment
relationship with the director whose indemnification or advance for
expenses is the subject of the decision being made with respect to the
proceeding, which relationship would, in the circumstances, reasonably
be expected to exert an influence on the director's judgment when
voting on the decision being made.
(4)
"
Expenses
"
includes counsel fees.
(5)
"
Liability
"
means the obligation to pay a judgment, settlement, penalty, fine
(including an excise tax assessed with respect to an employee benefit
plan), or reasonable expenses incurred with respect to a
proceeding.
3
(6)
"
Official
capacity
" means:
(A)
When used with respect to a
director, the office of director in a corporation; and
(B)
When used with respect to an
officer, as contemplated in Code Section 14-2-857, the office in a
corporation held by the officer.
Official capacity does not
include service for any other domestic or foreign corporation or any
partnership, joint venture, trust, employee benefit plan, or other
entity.
(7)
"
Party
"
means an individual who was, is, or is threatened to be made a named
defendant or respondent in a proceeding.
(8)
"
Proceeding
"
means any threatened, pending, or completed action, suit, or
proceeding, whether civil, criminal, administrative, arbitrative, or
investigative and whether formal or informal.
14-2-851.    Authority to indemnify.
(a)
Except as otherwise provided in this Code
section, a corporation may indemnify an individual who is a party to a
proceeding because he or she is or was a director against liability
incurred in the proceeding if:
(1)
Such individual conducted himself or
herself in good faith; and
(2)
Such
individual reasonably believed:
(A)
In the case of conduct in his or
her official capacity, that such conduct was in the best interests of
the corporation;
(B)
In all other
cases, that such conduct was at least not opposed to the best interests
of the corporation; and
(C)
In the
case of any criminal proceeding, that the individual had no reasonable
cause to believe such conduct was unlawful.
(b)
A director's conduct with respect to
an employee benefit plan for a purpose he or she believed in good faith
to be in the interests of the participants in and beneficiaries of the
plan is conduct that satisfies the requirement of subparagraph
(a)(2)(B) of this Code section.
(c)
The
termination of a proceeding by judgment, order, settlement, or
conviction, or upon a plea of nolo contendere or its equivalent is not,
of itself, determinative that the director did not meet the standard of
conduct described in this Code section.
(d)
A corporation may not indemnify a director
under this Code section:
(1)
In connection
with a proceeding by or in the right of the corporation, except for
reasonable expenses incurred in connection with the proceeding if it is
determined that the director has met the relevant standard of conduct
under this Code section; or
(2)
In
connection with any proceeding with respect to conduct for which he or
she was adjudged liable on the basis that personal benefit was
improperly received by him or her, whether or not involving action in
his or her official capacity.
14-2-852.    Mandatory
indemnification.
A corporation shall indemnify a director who
was wholly successful, on the merits or otherwise, in the defense of
any proceeding to which he or she was a party because he or she was a
director of the corporation against reasonable expenses incurred by the
director in connection with the proceeding.
14-2-853.    Advance for or reimbursement of expenses.
(a)
A corporation may, before final disposition
of a proceeding, advance funds to pay for or reimburse the reasonable
expenses incurred by a director who is a party to a proceeding because
he or she is a director if he or she delivers to the corporation:
4
(1)
A written
affirmation of his or her good faith belief that he or she has met the
relevant standard of conduct described in Code Section 14-2-851 or that
the proceeding involves conduct for which liability has been eliminated
under a provision of the articles of incorporation as authorized by
paragraph (4) of subsection (b) of Code Section 14-2-202; and
(2)
His or her written undertaking to
repay any funds advanced if it is ultimately determined that the
director is not entitled to indemnification under this part.
(b)
The undertaking required by paragraph (2)
of subsection (a) of this Code section must be an unlimited general
obligation of the director but need not be secured and may be accepted
without reference to the financial ability of the director to make
repayment.
(c)
Authorizations under this
Code section shall be made:
(1)
By
the board of directors:
(A)
When
there are two or more disinterested directors, by a majority vote of
all the disinterested directors (a majority of whom shall for such
purpose constitute a quorum) or by a majority of the members of a
committee of two or more disinterested directors appointed by such a
vote; or
(B)
When there are fewer
than two disinterested directors, by the vote necessary for action by
the board in accordance with subsection (c) of Code Section 14-2-824,
in which authorization directors who do not qualify as disinterested
directors may participate; or
(2)
By
the shareholders, but shares owned or voted under the control of a
director who at the time does not qualify as a disinterested director
with respect to the proceeding may not be voted on the
authorization.
14-2-854.    Court-ordered
indemnification.
(a)
A director who is a
party to a proceeding because he or she is a director may apply for
indemnification or advance for expenses to the court conducting the
proceeding or to another court of competent jurisdiction. After receipt
of an application and after giving any notice it considers necessary,
the court shall:
(1)
Order
indemnification or advance for expenses if it determines that the
director is entitled to indemnification under this part; or
(2)
Order indemnification or advance for
expenses if it determines, in view of all the relevant circumstances,
that it is fair and reasonable to indemnify the director or to advance
expenses to the director, even if the director has not met the relevant
standard of conduct set forth in subsections (a) and (b) of Code
Section 14-2-851, failed to comply with Code Section 14-2-853, or was
adjudged liable in a proceeding referred to in paragraph (1) or (2) of
subsection (d) of Code Section 14-2-851, but if the director was
adjudged so liable, the indemnification shall be limited to reasonable
expenses incurred in connection with the proceeding.
(b)
If the court determines that the director
is entitled to indemnification or advance for expenses under this part,
it may also order the corporation to pay the director's
reasonable expenses to obtain court-ordered indemnification or advance
for expenses.
14-2-855.    Determination and authorization of
indemnification.
(a)
A corporation may not
indemnify a director under Code Section 14-2-851 unless authorized
thereunder and a determination has been made for a specific proceeding
that indemnification of the director is permissible in the
circumstances because he or she has met the relevant standard of
conduct set forth in Code Section 14-2-851.
5
(b)
The determination
shall be made:
(1)
If there are two
or more disinterested directors, by the board of directors by a
majority vote of all the disinterested directors (a majority of whom
shall for such purpose constitute a quorum) or by a majority of the
members of a committee of two or more disinterested directors appointed
by such a vote;
(2)
By special legal
counsel:
(A)
Selected in the manner
prescribed in paragraph (1) of this subsection; or
(B)
If there are fewer than two
disinterested directors, selected by the board of directors (in which
selection directors who do not qualify as disinterested directors may
participate); or
(3)
By the
shareholders, but shares owned by or voted under the control of a
director who at the time does not qualify as a disinterested director
may not be voted on the determination.
(c)
Authorization of indemnification or an
obligation to indemnify and evaluation as to reasonableness of expenses
shall be made in the same manner as the determination that
indemnification is permissible, except that if there are fewer than two
disinterested directors or if the determination is made by special
legal counsel, authorization of indemnification and evaluation as to
reasonableness of expenses shall be made by those entitled under
subparagraph (b) (2) (B) of this Code section to select special legal
counsel.
14-2-856.    Indemnification of directors.
(a)
If authorized by the articles of
incorporation or a bylaw, contract, or resolution approved or ratified
by the shareholders by a majority of the votes entitled to be cast, a
corporation may indemnify or obligate itself to indemnify a director
made a party to a proceeding including a proceeding brought by or in
the right of the corporation, without regard to the limitations in
other Code sections of this part, but shares owned or voted under the
control of a director who at the time does not qualify as a
disinterested director with respect to any existing or threatened
proceeding that would be covered by the authorization may not be voted
on the authorization.
(b)
The corporation
shall not indemnify a director under this Code section for any
liability incurred in a proceeding in which the director is adjudged
liable to the corporation or is subjected to injunctive relief in favor
of the corporation:
(1)
For any
appropriation, in violation of the director's duties, of any
business opportunity of the corporation;
(2)
For acts or omissions which involve
intentional misconduct or a knowing violation of law;
(3)
For the types of liability set forth
in Code Section 14-2-832; or
(4)
For
any transaction from which he or she received an improper personal
benefit.
(c)
Where approved or authorized
in the manner described in subsection (a) of this Code section, a
corporation may advance or reimburse expenses incurred in advance of
final disposition of the proceeding only if:
(1)
The director furnishes the
corporation a written affirmation of his or her good faith belief that
his or her conduct does not constitute behavior of the kind described
in subsection (b) of this Code section; and
(2)
The director furnishes the
corporation a written undertaking, executed personally or on his or her
behalf, to repay any advances if it is ultimately determined that the
director is not entitled to indemnification under this Code
section.
6
14-2-857.    Indemnification of
officers, employees, and agents.
(a)
A
corporation may indemnify and advance expenses under this part to an
officer of the corporation who is a party to a proceeding because he or
she is an officer of the corporation:
(1)
To the same extent as a director;
and
(2)
If he or she is not a
director, to such further extent as may be provided by the articles of
incorporation, the bylaws, a resolution of the board of directors, or
contract except for liability arising out of conduct that
constitutes:
(A)
Appropriation, in
violation of his or her duties, of any business opportunity of the
corporation;
(B)
Acts or omissions
which involve intentional misconduct or a knowing violation of law;
(C)
The types of liability set forth in
Code Section 14-2-832; or
(D)
Receipt of an improper personal
benefit.
(b)
The provisions of paragraph
(2) of subsection (a) of this Code section shall apply to an officer
who is also a director if the sole basis on which he or she is made a
party to the proceeding is an act or omission solely as an officer.
(c)
An officer of a corporation who is not a
director is entitled to mandatory indemnification under Code Section
14-2-852, and may apply to a court under Code Section 14-2-854 for
indemnification or advances for expenses, in each case to the same
extent to which a director may be entitled to indemnification or
advances for expenses under those provisions.
(d)
A corporation may also indemnify and
advance expenses to an employee or agent who is not a director to the
extent, consistent with public policy, that may be provided by its
articles of incorporation, bylaws, general or specific action of its
board of directors, or contract.
14-2-858.    Insurance.
A corporation may purchase and maintain insurance on behalf of an
individual who is a director, officer, employee, or agent of the
corporation or who, while a director, officer, employee, or agent of
the corporation, serves at the corporation's request as a
director, officer, partner, trustee, employee, or agent of another
domestic or foreign corporation, partnership, joint venture, trust,
employee benefit plan, or other entity against liability asserted
against or incurred by him or her in that capacity or arising from his
or her status as a director, officer, employee, or agent, whether or
not the corporation would have power to indemnify or advance expenses
to him or her against the same liability under this part.
14-2-859.    Obligation for indemnification or advance for
expenses in advance of act or omission.
(a)
A corporation may, by a provision in its
articles of incorporation or bylaws or in a resolution adopted or a
contract approved by its board of directors or shareholders, obligate
itself in advance of the act or omission giving rise to a proceeding to
provide indemnification or advance funds to pay for or reimburse
expenses consistent with this part. Any such obligatory provision shall
be deemed to satisfy the requirements for authorization referred to in
subsection (c) of Code Section 14-2-853 or subsection (c) of Code
Section 14-2-855. Any such provision that obligates the corporation to
provide indemnification to the fullest extent permitted by law shall be
deemed to obligate the corporation to advance funds to pay for or
reimburse expenses in accordance with Code Section 14-2-853 to the
fullest extent permitted by law, unless the provision specifically
provides otherwise.
(b)
Any provision
pursuant to subsection (a) of this Code section shall not obligate the
corporation to indemnify or advance expenses to a director of a
predecessor of the corporation, pertaining to conduct with respect to
the predecessor, unless otherwise
7
specifically provided. Any provision for
indemnification or advance for expenses in the articles of
incorporation, bylaws, or a resolution of the board of directors or
shareholders, partners, or, in the case of limited liability companies,
members or managers of a predecessor of the corporation or other entity
in a merger or in a contract to which the predecessor is a party,
existing at the time the merger takes effect, shall be governed by
paragraph (3) of subsection (a) of Code Section 14-2-1106.
(c)
A corporation may, by a provision in its
articles of incorporation, limit any of the rights to indemnification
or advance for expenses created by or pursuant to this part.
(d)
This part does not limit a
corporation's power to pay or reimburse expenses incurred by a
director or an officer in connection with his or her appearance as a
witness in a proceeding at a time when he or she is not a party.
(e)
Except as expressly provided in Code
Section 14-2-857, this part does not limit a corporation's power
to indemnify, advance expenses to, or provide or maintain insurance on
behalf of an employee or agent.
Articles of Incorporation
Authority
Article 14 of the Company's Amended and
Restated Articles of Incorporation provides:
In
addition to any powers provided by law, in the Bylaws, or otherwise,
the Corporation shall have the power to indemnify any person who
becomes a party or who is threatened to be made a party to any
threatened, pending or completed action, suit or proceeding, whether
civil, criminal, administrative or investigative (including any action
by or in the right of the Corporation), by reason of the fact that he
is or was a director, officer, employee or agent of the Corporation, or
is or was serving at the request of the Corporation as a director,
officer, employee or agent of another corporation, partnership, joint
venture, trust or other enterprise.
Bylaw Authority
The
Company is referred to in its Bylaws as the
"Corporation". Article VII of the
Company's Amended and Restated Bylaws provides:
SECTION
1.    Definitions.
As used in this Article, the term:
(A)
"
Corporation
"
includes any domestic or foreign predecessor entity of this Corporation
in a merger or other transaction in which the predecessor's
existence ceased upon consummation of the transaction.
(B)
"
Director
"
means an individual who is or was a director of the Corporation or an
individual who, while a director of the Corporation, is or was serving
at the Corporation's request as a director, officer, partner,
trustee, employee, or agent of another foreign or domestic corporation,
partnership, joint venture, trust, employee benefit plan, or other
entity. A "director" is considered to be
serving an employee benefit plan at the Corporation's request if
his duties to the Corporation also impose duties on, or otherwise
involve services by, him to the plan or to participants in or
beneficiaries of the plan. "Director"
includes, unless the context requires otherwise, the estate or personal
representative of a director.
(C)
"
Disinterested
director
" means a director who at the time of a vote
referred to in Section  3(C) or a vote or selection referred to
in Section 4(B), 4(C) or 7(A) is not: (i) a party to the proceeding; or
(ii) an individual who is a party to a proceeding having a familial,
financial, professional, or employment relationship with the director
whose indemnification or advance for expenses is the subject of the
decision being made with respect to the proceeding, which relationship
would, in the circumstances, reasonably be expected to exert an
influence on the director's judgment when voting on the decision
being made.
8
(D)
"
Employee
"
means an individual who is or was an employee of the Corporation or an
individual who, while an employee of the Corporation, is or was serving
at the Corporation's request as a director, officer, partner,
trustee, employee, or agent of another foreign or domestic corporation,
partnership, joint venture, trust, employee benefit plan, or other
enterprise. An "Employee" is considered to be
serving an employee benefit plan at the Corporation's request if
his duties to the Corporation also impose duties on, or otherwise
involve services by, him to the plan or to participants in or
beneficiaries of the plan. "Employee"
includes, unless the context requires otherwise, the estate or personal
representative of an employee.
(E)
"
Expenses
"
includes counsel fees.
(F)
"
Liability
"
means the obligation to pay a judgment, settlement, penalty, fine
(including an excise tax assessed with respect to an employee benefit
plan), or reasonable expenses incurred with respect to a
proceeding.
(G)
"
Officer
"
means an individual who is or was an officer of the Corporation which
for purposes of this Article VII shall include an assistant officer, or
an individual who, while an Officer of the Corporation, is or was
serving at the Corporation's request as a director, officer,
partner, trustee, employee, or agent of another foreign or domestic
corporation, partnership, joint venture, trust, employee benefit plan,
or other entity. An "Officer" is considered
to be serving an employee benefit plan at the Corporation's
request if his duties to the Corporation also impose duties on, or
otherwise involve services by, him to the plan or to participants in or
beneficiaries of the plan. "Officer"
includes, unless the context requires otherwise, the estate or personal
representative of an Officer.
(H)
"
Official
capacity
" means: (i) when used with respect to a
director, the office of a director in a corporation; and (ii) when used
with respect to an Officer, the office in a corporation held by the
Officer. Official capacity does not include service for any other
domestic or foreign corporation or any partnership, joint venture,
trust, employee benefit plan, or other entity.
(I)
"
Party
"
means an individual who was, is, or is threatened to be made a named
defendant or respondent in a proceeding.
(J)
"
Proceeding
"
means any threatened, pending or completed action, suit, or proceeding,
whether civil, criminal, administrative, arbitrative or investigative
and whether formal or informal.
SECTION 2.    Basic
Indemnification Arrangement.
(A)
Except as
provided in subsection (D) below and, if required by Section 4 below,
upon a determination pursuant to Section 4 in the specific case that
such indemnification is permissible in the circumstances under this
subsection because the individual has met the standard of conduct set
forth in this subsection (A), the Corporation shall indemnify an
individual who is made a party to a proceeding because he is or was a
director or Officer against liability incurred by him in the proceeding
if he conducted himself in good faith and, in the case of conduct in
his official capacity, he reasonably believed such conduct was in the
best interest of the Corporation, or in all other cases, he reasonably
believed such conduct was at least not opposed to the best interests of
the Corporation and, in the case of any criminal proceeding, he had no
reasonable cause to believe his conduct was unlawful.
(B)
A person's conduct with respect to an
employee benefit plan for a purpose he believes in good faith to be in
the interests of the participants in and beneficiaries of the plan is
conduct that satisfies the requirement of subsection 2(A) above.
(C)
The termination of a proceeding by judgment,
order, settlement, or conviction, or upon a plea of nolo contendere or
its equivalent is not, of itself, determinative that the proposed
indemnitee did not meet the standard of conduct set forth in subsection
2(A) above.
9
(D)
The Corporation
shall not indemnify a person under this Article in connection with (i)
a proceeding by or in the right of the Corporation, except for
reasonable expenses incurred in connection with the proceeding if it is
determined that such person has met the relevant standard of conduct
under this section, or (ii) with respect to conduct for which such
person was adjudged liable on the basis that personal benefit was
improperly received by him, whether or not involving action in his
official capacity.
SECTION 3.    Advances for Expenses.
(A)
The Corporation may advance funds to pay for
or reimburse the reasonable expenses incurred by a director or Officer
who is a party to a proceeding because he is a director or Officer in
advance of final disposition of the proceeding if: (i) such person
furnishes the Corporation a written affirmation of his good faith
belief that he has met the relevant standard of conduct set forth in
subsection 2(A) above or that the proceeding involves conduct for which
liability has been eliminated under the Corporation's Articles of
Incorporation; and (ii) such person furnishes the Corporation a written
undertaking meeting the qualifications set forth below in subsection
3(B), executed personally or on his behalf, to repay any funds advanced
if it is ultimately determined that he is not entitled to any
indemnification under this Article or otherwise.
(B)
The undertaking required by subsection
3(A)(ii) above must be an unlimited general obligation of the director
or Officer but need not be secured and shall be accepted without
reference to financial ability to make repayment.
(C)
Authorizations under this Section shall be
made: (i) By the Board of Directors: (a) when there are two or more
disinterested directors, by a majority vote of all disinterested
directors (a majority of whom shall for such purpose constitute a
quorum) or by a majority of the members of a committee of two or more
disinterested directors appointed by such a vote; or (b) when there are
fewer than two disinterested directors, by a majority of the directors
present, in which authorization directors who do not qualify as
disinterested directors may participate; or (ii) by the shareholders,
but shares owned or voted under the control of a director who at the
time does not qualify as a disinterested director with respect to the
proceeding may not be voted on the authorization.
SECTION
4.    Authorization of and Determination of Entitlement to
Indemnification.
(A)
The Corporation shall
not indemnify a director or Officer under Section 2 above unless
authorized thereunder and a determination has been made for a specific
proceeding that indemnification of such person is permissible in the
circumstances because he has met the relevant standard of conduct set
forth in subsection 2(A) above; provided, however, that regardless of
the result or absence of any such determination, to the extent that a
director or Officer has been wholly successful, on the merits or
otherwise, in the defense of any proceeding to which he was a party
because he is or was a director or Officer, the Corporation shall
indemnify such person against reasonable expenses incurred by him in
connection therewith.
(B)
The determination
referred to in subsection 4(A) above shall be made:
(i)
If there are two or more
disinterested directors, by the board of directors by a majority vote
of all the disinterested directors (a majority of whom shall for such
purpose constitute a quorum) or by a majority of the members of a
committee of two or more disinterested directors appointed by such a
vote;
(ii)
by special legal
counsel:
(1)
selected by the Board
of Directors or its committee in the manner prescribed in subdivision
(i); or
(2)
If there are fewer than
two disinterested directors, selected by the Board of Directors (in
which selection directors who do not qualify as disinterested directors
may participate); or
10
(iii)
by the
shareholders; but shares owned by or voted under the control of a
director who at the time does not qualify as a disinterested director
may not be voted on the determination.
(C)
Authorization of indemnification or an
obligation to indemnify and evaluation as to reasonableness of expenses
of a director or Officer in the specific case shall be made in the same
manner as the determination that indemnification is permissible, as
described in subsection 4(B) above, except that if there are fewer than
two disinterested directors or if the determination is made by special
legal counsel, authorization of indemnification and evaluation as to
reasonableness of expenses shall be made by those entitled under
subsection 4(B)(ii)(2) above to select counsel.
(D)
The Board of Directors, a committee thereof,
or special legal counsel acting pursuant to subsection (B) above or
Section 5 below, shall act expeditiously upon an application for
indemnification or advances, and cooperate in the procedural steps
required to obtain a judicial determination under Section 5 below.
(E)
The Corporation may, by a provision in its
Articles of Incorporation or Bylaws or in a resolution adopted or a
contract approved by its Board of Directors or shareholders, obligate
itself in advance of the act or omission giving rise to a proceeding to
provide indemnification or advance funds to pay for or reimburse
expenses consistent with this part. Any such obligatory provision shall
be deemed to satisfy the requirements for authorization referred to in
Section 3(C) or Section 4(C).
SECTION 5.    Court-Ordered
Indemnification and Advances for Expenses.
A director or
Officer who is a party to a proceeding because he is a director or
Officer may apply for indemnification or advances for expenses to the
court conducting the proceeding or to another court of competent
jurisdiction. After receipt of an application and after giving any
notice it considers necessary, the court shall order indemnification or
advances for expenses if it determines that:
(i)
The director is entitled to indemnification
under this part; or
(ii)
In view of all the
relevant circumstances, it is fair and reasonable to indemnify the
director or Officer or to advance expenses to the director or Officer,
even if the director or Officer has not met the relevant standard of
conduct set forth in subsection 2(A) above, failed to comply with
Section 3, or was adjudged liable in a proceeding referred to in
subsections (i) or (ii) of Section 2(D), but if the director or Officer
was adjudged so liable, the indemnification shall be limited to
reasonable expenses incurred in connection with the proceeding, unless
the Articles of Incorporation of the Corporation or a Bylaw, contract
or resolution approved or ratified by shareholders pursuant to Section
7 below provides otherwise.
If the court determines that the
director or Officer is entitled to indemnification or advance for
expenses, it may also order the Corporation to pay the director's
or Officer's reasonable expenses to obtain court-ordered
indemnification or advance for expenses.
SECTION
6.    Indemnification of Officers and Employees.
(A)
Unless the Corporation's Articles of
Incorporation provide otherwise, the Corporation shall indemnify and
advance expenses under this Article to an employee of the Corporation
who is not a director or Officer to the same extent, consistent with
public policy, as to a director or Officer.
(B)
The Corporation may indemnify and advance
expenses under this Article to an Officer of the Corporation who is a
party to a proceeding because he is an Officer of the Corporation: (i)
to the same extent as a director; and (ii) if he is not a director, to
such further extent as may be provided by the Articles of
Incorporation, the Bylaws, a resolution of the Board of Directors, or
contract except for liability arising out of conduct that is enumerated
in subsections (A)(i) through (A)(iv) of Section 7.
11
The provisions of this Section shall also
apply to an Officer who is also a director if the sole basis on which
he is made a party to the proceeding is an act or omission solely as an
Officer.
SECTION 7.    Shareholder Approved
Indemnification.
(A)
If authorized by the
Articles of Incorporation or a Bylaw, contract or resolution approved
or ratified by shareholders of the Corporation by a majority of the
votes entitled to be cast, the Corporation may indemnify or obligate
itself to indemnify a person made a party to a proceeding, including a
proceeding brought by or in the right of the Corporation, without
regard to the limitations in other sections of this Article, but shares
owned or voted under the control of a director who at the time does not
qualify as a disinterested director with respect to any existing or
threatened proceeding that would be covered by the authorization may
not be voted on the authorization. The Corporation shall not indemnify
a person under this Section 7 for any liability incurred in a
proceeding in which the person is adjudged liable to the Corporation or
is subjected to injunctive relief in favor of the Corporation:
(i)
for any appropriation, in violation
of his duties, of any business opportunity of the Corporation;
(ii)
for acts or omissions which involve
intentional misconduct or a knowing violation of law;
(iii)
for the types of liability set
forth in Section 14-2-832 of the Georgia Business Corporation Code;
or
(iv)
for any transaction from
which he received an improper personal benefit.
(B)
Where approved or authorized in the manner
described in subsection 7(A) above, the Corporation may advance or
reimburse expenses incurred in advance of final disposition of the
proceeding only if:
(i)
the proposed
indemnitee furnishes the Corporation a written affirmation of his good
faith belief that his conduct does not constitute behavior of the kind
described in subsection 7(A)(i)-(iv) above; and
(ii)
the proposed indemnitee furnishes
the Corporation a written undertaking, executed personally, or on his
behalf, to repay any advances if it is ultimately determined that he is
not entitled to indemnification.
SECTION 8.    Liability
Insurance.
The Corporation may purchase and maintain insurance
on behalf of an individual who is a director, officer, employee, or
agent of the Corporation or who, while a director, officer, employee,
or agent of the Corporation, is or was serving at the request of the
Corporation as a director, officer, partner, trustee, employee, or
agent of another foreign or domestic corporation, partnership, joint
venture, trust, employee benefit plan, or other entity against
liability asserted against or incurred by him in that capacity or
arising from his status as a director, officer, employee, or agent,
whether or not the Corporation would have power to indemnify him
against the same liability under Section 2 or Section 3 above.
SECTION 9.    Witness Fees.
Nothing in this Article shall
limit the Corporation's power to pay or reimburse expenses
incurred by a person in connection with his appearance as a witness in
a proceeding at a time when he is not a party.
SECTION
10.    Report to Shareholders.
If the Corporation indemnifies
or advances expenses to a director in connection with a proceeding by
or in the right of the Corporation, the Corporation shall report the
indemnification or advance, in writing, to shareholders with or before
the notice of the next shareholders' meeting.
12
SECTION 11.    Severability.
In the event that any of the provisions of this Article (including
any provision within a single section, subsection, division or
sentence) is held by a court of competent jurisdiction to be invalid,
void or otherwise unenforceable, the remaining provisions of this
Article shall remain enforceable to the fullest extent permitted by
law.
SECTION 12.    Indemnification Not Exclusive.
The rights of indemnification provided in this Article VII shall be
in addition to any rights which any such director, Officer, employee or
other person may otherwise be entitled by contract or as a matter of
law.
SECTION 13.    Amendments to Georgia Business
Corporation Code.
In the event that, following the date of
these Bylaws, the Georgia Business Corporation Code is amended to
expand the indemnification protections that a Georgia corporation is
permitted to provide to its directors, Officers and/or Employees, as
applicable, the indemnification protections set forth in this Article
VII shall be automatically amended, without any further action by the
Board of Directors, the shareholders of the Corporation or the
Corporation, to provide the same indemnification protections to the
fullest extent provided by such amendments to the Georgia Business
Corporation Code.
ITEM 7.    EXEMPTION FROM REGISTRATION
CLAIMED.
Not applicable.
ITEM 8.    EXHIBITS.
The following exhibits are filed as part of this Registration
Statement:
EXHIBIT
NUMBER
DESCRIPTION
4.1
Articles
5, 6, 7, 8, 11 and 13 of the Amended and Restated Articles of
Incorporation of the Company, effective as of November 14, 1989, and
amendment effective as of April 24, 1998 incorporated by reference to
Exhibit 3.1 to the Company's Annual Report on Form  10-K
for the year ended December 31, 1998, and amendment effective as of
April 18, 2000, incorporated by reference to Exhibit 3.1 to the
Company's Form 10-Q as of March 31,
2000.
4.2
Articles I, IV, VII, VIII, X and
XI of the Amended and Restated Bylaws of the Company, effective as of
April 19, 2005, incorporated by reference to Exhibit 3.3 to the
Company's Current Report on Form 8-K dated April 22,
2005.
4.3
Amended and Restated SunTrust
Banks, Inc. 401(k) Plan (the "Plan"),
effective January 1, 2006.
4.4
SunTrust
Banks, Inc. 401(k) Trust Agreement (formerly known as the SunTrust
Banks, Inc. Employee Stock Ownership Trust), as amended, incorporated
by reference to Exhibit 4.4 of Registration Statement Number
333-91519.
5.1
(1)
Opinion of Raymond D.
Fortin, Esq., as to the legality of the Common Stock being
registered.
23.1
Consent of
PricewaterhouseCoopers LLP.
23.2
Consent of
Raymond D. Fortin, Esq. (contained in his opinion filed as Exhibit
5.1).
24.1
Power of Attorney (included on
Signature Page).
(1)
The
undersigned registrant hereby undertakes that it has submitted or will
submit the Plan and any amendments thereto to the Internal Revenue
Service in order to qualify the Plan and has made or will make all
changes required by the Internal Revenue Service in order to qualify
the Plan.
13
ITEM 9.    UNDERTAKINGS.
(a)
The undersigned registrant hereby
undertakes:
(1)
To file, during any
period in which offers or sales are being made, a post-effective
amendment to this registration statement:
(i)
To include any prospectus required
by Section  10(a)(3) of the Securities Act;
(ii)
To reflect in the prospectus any
facts or events arising after the effective date of the registration
statement (or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change in the
information set forth in the registration statement; and
(iii)
To include any material
information with respect to the plan of distribution not previously
disclosed in the registration statement or any material change in such
information in the registration statement;
provided,
however,
that paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if
the registration statement is on Form  S-8 and the information
required to be included in a post-effective amendment by those
paragraphs is contained in reports filed with or furnished to the
Commission by the registrant pursuant to Section  13 or
Section  15(d) of the Exchange Act that are incorporated by
reference in the registration statement.
(2)
That, for the purpose of
determining any liability under the Securities Act, each such
post-effective amendment shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(3)
To
remove from registration by means of a post-effective amendment any of
the securities being registered which remain unsold at the termination
of the offering.
(b)
The undersigned
registrant hereby undertakes that, for purposes of determining any
liability under the Securities Act, each filing of the
registrant's annual report pursuant to Section  13(a) or
15(d) of the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to Section
15(d) of the Exchange Act) that is incorporated by reference in the
registration statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona
fide offering thereof.
(c)
Insofar as
indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the
registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Commission such
indemnification is against pubic policy as expressed in the Securities
Act, and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered,
the registrant will, unless in the opinion of its counsel the matter
has been settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such indemnification by
it is against public policy as expressed in the Securities Act and will
be governed by the final adjudication of such issue.
14
SIGNATURES
THE
REGISTRANT. Pursuant to the requirements of the Securities Act of 1933,
SunTrust Banks, Inc. certifies that it has reasonable grounds to
believe that it meets all of the requirements for filing on Form
S-8 and has duly caused this registration statement to be signed on its
behalf by the undersigned, thereunto duly authorized, in the City of
Atlanta, State of Georgia, on the 23rd day of February, 2006.
SUNTRUST
BANKS, INC.
By:
/s/ L. Phillip Humann
L. Phillip Humann
Chairman of the Board
and
Chief Executive Officer
KNOW ALL MEN BY
THESE PRESENTS, that each person whose signature appears below,
constitutes and appoints Mark A. Chancy and Raymond D. Fortin, and each
of them, his true and lawful attorneys-in-fact and agents, with full
power of substitution and resubstitution, to do any and all acts and
things and execute, in the name of the undersigned, any and all
instruments which said attorneys-in-fact and agents may deem necessary
or advisable in order to enable SunTrust Banks, Inc. to comply with the
Securities Act of 1933 and any requirements of the Securities and
Exchange Commission in respect thereof, in connection with the filing
with the Securities and Exchange Commission of the registration
statement on Form  S-8 under the Securities Act of 1933,
including specifically but without limitation, power and authority to
sign the name of the undersigned to such registration statement, and to
file the same with all exhibits thereto and other documents in
connection therewith, with the Securities and Exchange Commission,
granting unto said attorneys-in-fact and agents, and each of them, full
power and authority to do and to perform each and every act and thing
requisite or necessary to be done in and about the premises, as fully
and to all intents and purposes as the undersigned might or could do in
person, hereby ratifying and confirming all that said attorneys-in-fact
and agents, and any of them, or their substitutes, may lawfully do or
cause to be done by virtue hereof.
Pursuant to the requirements
of the Securities Act of 1933, this Registration Statement has been
signed by the following persons in the capacities indicated as of the
14th day of February,
2006.
/s/ L. Phillip
Humann
L.  Phillip
Humann
Chairman of the Board,
Chief Executive
Officer and
Director (Principal Executive Officer)
/s/ Mark A.
Chancy
Mark A.
Chancy
Corporate Executive Vice President and Chief
Financial
Officer (Principal Financial Officer)
/s/ Thomas
Panther
Thomas
Panther
Senior Vice President and Controller
(Principal Accounting
Officer)
/s/ Robert M.
Beall, II
Robert M. Beall,
II
Director
/s/
J. Hyatt Brown
J.
Hyatt Brown
Director
/s/ Alston D.
Correll
Alston  D.
Correll
Director
15
Jeffrey
C.
Crowe
Director
/s/
Thomas C. Farnsworth, Jr.
Thomas C. Farnsworth,
Jr.
Director
/s/
Patricia C. Frist
Patricia
C.
Frist
Director
/s/
Blake P. Garrett, Jr.
Blake P.
Garrett, Jr.
Director
/s/
Thomas M. Garrott
Thomas M.
Garrott
Director
/s/
David H. Hughes
David H.
Hughes
Director
/s/
E. Neville Isdell
E.
Neville
Isdell
Director
/s/
M. Douglas Ivester
M. Douglas
Ivester
Director
/s/
J. Hicks Lanier
J. Hicks
Lanier
Director
/s/ G. Gilmer Minor,
III
G. Gilmer Minor, III
Director
/s/ Larry L.
Prince
Larry L.
Prince
Director
/s/ Frank S. Royal,
M.D.
Frank S. Royal, M.D.
Director
/s/ Karen Hastie
Williams
Karen Hastie
Williams
Director
/s/ Dr. Phail Wynn,
Jr.
Dr. Phail Wynn,
Jr.
Director
Pursuant to
the requirements of the Securities Act of 1933, the trustees (or other
persons who administer the employee benefit plan) have duly caused this
registration statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Atlanta, State of Georgia, on
the 23rd day of February, 2006.
SUNTRUST
BANKS, INC. 401(k) Plan
By:
/s/ L. Phillip
Humann
L. Phillip Humann on behalf of SunTrust
Banks, Inc. as Plan Administrator
16
17
INDEX TO
EXHIBITS
EXHIBIT
NUMBER
DESCRIPTION
4.1
Articles
5, 6, 7, 8, 11 and 13 of the Amended and Restated Articles of
Incorporation of the Company, effective as of November 14, 1989, and
amendment effective as of April 24, 1998 incorporated by reference to
Exhibit 3.1 to the Company's Annual Report on Form  10-K
for the year ended December 31, 1998, and amendment effective as of
April 18, 2000, incorporated by reference to Exhibit 3.1 to the
Company's Form 10-Q as of March 31,
2000.
4.2
Articles I, IV, VII, VIII, X and
XI of the Amended and Restated Bylaws of the Company, effective as of
April 19, 2005, incorporated by reference to Exhibit 3.3 to the
Company's Current Report on Form 8-K dated April 22,
2005.
4.3
Amended and Restated SunTrust
Banks, Inc. 401(k) Plan (the "Plan"),
effective January 1, 2006.
4.4
SunTrust
Banks, Inc. 401(k) Trust Agreement (formerly known as the SunTrust
Banks, Inc. Employee Stock Ownership Trust), as amended, incorporated
by reference to Exhibit 4.4 of Registration Statement Number
333-91519.
5.1
Opinion of Raymond D. Fortin,
Esq., as to the legality of the Common Stock being
registered.
23.1
Consent of
PricewaterhouseCoopers
LLP.
23.2
Consent of Raymond D.
Fortin, Esq. (contained in his opinion filed as Exhibit
5.1).
24.1
Power of Attorney (included
on Signature Page).
17