BYLAWSOF
ExquisiteAcquisition, Inc.
ADelawareCorporationAsofSeptember29,2014ARTICLEI
MeetingsofStockholders
Section1.1TimeandPlace.Anymeetingofthestockholdersmaybeheldatsuchtimeandsuchplace,eitherwithinorwithouttheStateofDelaware,asshallbedesignatedfromtimetotimebyresolutionoftheboardofdirectors orasshallbe statedin adulyauthorized notice of themeeting.
Section1.2AnnualMeeting.Theannualmeetingofthestockholdersshallbeheldonthedateandatthetimefixed,fromtimetotime,by theboardofdirectors.Theannualmeeting shall be for the purpose of electing a board of directorsand transacting such other businessas may properly be brought before the meeting.
Section1.3SpecialMeetings.Specialmeetingsofthestockholders,foranypurposeorpurposes,unlessotherwiseprescribedbystatuteorbythearticlesofincorporation,maybecalledby thepresident andshallbecalledby thepresidentorsecretary if requestedin writingby theholdersofnot lessthanone-tenth (1/10)ofall the sharesentitled tovoteat themeeting. Such request shall state the purpose or purposesofthe proposedmeeting.
Section1.4Notices.Written notice statingthe place,date and hourofthemeeting and,incaseofaspecialmeeting,thepurposeorpurposesforwhichthemeetingiscalled,shallbegivennotlessthantennormorethansixty daysbeforethedateofthemeeting,exceptasotherwiserequiredbystatuteorthearticlesof incorporation,eitherpersonally,bymailorby a formof electronic transmission consented toby the stockholder,to eachstockholderof record entitled to vote at suchmeeting. Ifmailed, such notice shall bedeemed to be given when deposited in the official governmentmail of the United States orany othercountry, postage prepaid, addressed to the stockholder at his address as it appears on the stock records of the Corporation. If given personally or otherwise thanbymail, such notice shall be deemedto be given when either handed to the stockholder or delivered to thestockholder’saddressasitappearsonthe recordsoftheCorporation.
Section1.5RecordDate.Inorder thattheCorporationmaydeterminethestockholdersentitledtonoticeofortovoteatanymeeting,oratanyadjournmentofameeting,ofstockholders;orentitledtoreceivepaymentofanydividendorotherdistributionorallotment ofanyrights; or entitled to exerciseany rights in respect of any change,conversion, orexchangeofstock; orforthepurpose of any otherlawfulaction; theboard of directors may fix, in advance, a record date, which record date shall not precede the date
uponwhichtheresolutionfixingtherecorddateisadoptedbytheboardof directors.Therecorddatefordeterminingthestockholdersentitledtonoticeofortovoteatanymeetingofthestockholdersoranyadjournmentthereofshallnotbemorethansixtynorlessthantendaysbefore thedate ofsuchmeeting.The recorddatefordeterminingthe stockholdersentitledtoconsenttocorporateaction inwritingwithouta meetingshallnotbemorethan tendaysafterthedate upon whichtheresolutionfixingthe record dateisadoptedbythe boardofdirectors.Therecorddateforanyotheractionshallnot bemorethansixtydays prior to such action. If no record date is fixed, (i) the record date for determiningstockholdersentitledtonoticeofortovoteatany meetingshallbeatthecloseofbusiness on thedaynext preceding thedayon which notice is given or, if notice is waivedbyallstockholders,atthecloseofbusinesson thedaynextpreceding thedayonwhichthemeetingis held; (ii) the record date for determining stockholders entitled to express consent to corporate action in writing without ameeting, when no prior actionbythe board of directorsisrequired,shallbe the firstdateonwhich asignedwrittenconsent settingforththe action taken or tobe taken is delivered to the Corporation and,when prior actionby the board of directors is required, shall be at the close of business on the day on which the boardof directorsadoptsthe resolutiontakingsuch prioraction; and(iii)therecorddatefordeterminingstockholders for any other purpose shallbe attheclose ofbusinessonthe day on whichtheboardofdirectors adoptstheresolutionrelatingtosuchotherpurpose.Adetermination of stockholders of recordentitled to noticeof or to vote at ameeting ofstockholdersshallapplytoanyadjournmentofthemeeting;provided,however,thatthe boardofdirectorsmay fixanewrecorddatefortheadjournedmeeting.
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Section1.6VotingList.IftheCorporationshallhavemorethanfive(5)shareholders,thesecretaryshallprepareandmake,atleasttendaysbeforeeverymeetingofstockholders,acompletelist of thestockholders entitledto voteatthemeeting, arrangedin alphabetical order and showing the address and the number of shares registered in the name of eachstockholder. Such listshallbeopentotheexaminationof anystockholder, for anypurposegermanetothe meeting,duringordinary businesshours,fora periodofatleasttendays prior tothemeeting,attheCorporations principaloffices. Thelistshall beproducedand kept at the place of themeeting during the whole time thereof and may be inspected by anystockholder whoispresent.
Section1.7Quorum.The holdersofamajorityofthe stock issuedandoutstandingandentitledtovoteatthemeeting,presentinpersonorrepresentedbyproxy,shallconstituteaquorumatall meetingsof thestockholders forthe transactionof business, exceptas otherwiseprovidedby statuteorby thearticlesof incorporation. If,however,sucha quorum shall not be present atanymeetingof stockholders, the stockholders entitledto vote, presentin person or representedby proxy, shall have the powerto adjourn the meeting fromtimeto time, without notice if thetimeand place areannouncedat themeeting, until a quorumshall be present. At such adjournedmeeting at which a quorumshall be present,
anybusinessmaybetransactedwhichmighthavebeentransactedattheoriginalmeeting.Iftheadjournmentisformorethanthirtydaysorifaftertheadjournmentanewrecorddateisfixedfortheadjournedmeeting,anoticeof theadjournedmeeting shall be givento each stockholder ofrecordentitledtovoteat themeeting.
Section1.8VotingandProxies.Ateverymeetingofthestockholders,eachstockholdershallbeentitledtoonevote,inpersonorbyproxy,foreachshareofthecapitalstockhavingvotingpowerheldby suchstockholder,butnoproxy shallbevotedonaftersixmonthsfromitsdateunlesstheproxyprovidesforalongerperiod,whichmaynotexceed sevenyears.When a specifieditemof businessis requiredto be votedon by a classorseries of stock, the holders of a majority of the shares of such class or series shall constitute a quorumfor the transaction ofsuch item of business by that classor series. Ifa quorumispresentata properlyheldmeeting of the shareholders, the affirmativevote of the holders of a majority of the shares represented in person or byproxy andentitledto vote on thesubject matterunderconsideration,shallbe theactoftheshareholders,unlessthevoteof agreaternumberorvotingbyclasses(i)isrequiredbythearticlesofincorporation,or(ii)has been provided forin an agreement amongall shareholders entered into pursuant to andenforceable under Delaware General Laws.
Section1.9Waiver. Attendanceof astockholderoftheCorporation,eitherinpersonorbyproxy,atanymeeting,whetherannualorspecial,shallconstituteawaiverof notice ofsuchmeeting,exceptwhereastockholderattendsameetingfortheexpresspurposeofobjecting,atthebeginningof themeeting,to thetransaction of any businessbecausethemeeting is not lawfully called or convened. A written waiver of noticeof any such meeting signed byastockholderorstockholdersentitledtosuchnotice,whetherbefore,atorafter thetime for notice or thetime of the meeting, shall be equivalent to notice. Neither the businesstobe transacted at,nor the purposeof,anymeetingneedbe specified inany written waiver ofnotice.
Section1.10StockholderActionWithoutaMeeting.Exceptasmayotherwisebeprovided byanyapplicableprovisionoftheDelawareGeneralLaws,anyactionrequiredorpermittedtobetakenatameetingofthestockholdersmaybetakenwithoutameeting if, before or after the action, awrittenconsent theretois signedby stockholdersholding atleast a majority of the voting power; provided that if adifferent proportion of voting power is required for such an action at ameeting,then that proportionofwritten consents is required. Inno instance where action is authorizedbywritten consent need ameeting ofstockholdersbecalledornoticed.
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ARTICLEII
Directors
Section2.1Number.Thenumberofdirectorsshallbeoneormore,asfixedfromtimetotimebyresolutionoftheboardofdirectors;provided,however,thatthenumberofdirectorsshallnotbereducedsoastoshortenthetenure of any directoratthetimeinoffice.
Section2.2Elections.ExceptasprovidedinSection2.3ofthisArticleII,theboardofdirectorsshallbeelectedattheannualmeetingofthestockholdersorataspecialmeetingcalledforthatpurpose.Eachdirectorshallholdsuchofficeuntilhissuccessoriselectedandqualifiedor untilhis earlier resignation or removal.
Section2.3Vacancies.Anyvacancyoccurringontheboardofdirectorsandanydirectorshiptobefilledbyreasonof anincreaseintheboardofdirectorsmaybefilledbytheaffirmativevoteofamajorityoftheremainingdirectors,althoughlessthanaquorum, or by a sole remainingdirector. Suchnewly elected director shall hold such office until hissuccessoriselectedandqualifiedoruntilhisearlierresignationorremoval.
Section2.4Meetings.Theboardofdirectorsmay,byresolution,establishaplaceandtimeforregularmeetingswhichmaybeheldwithoutcallornotice.
Section2.5NoticeofSpecialMeetings.Specialmeetingsmaybecalledbythechairman,thepresidentoranytwomembersoftheboardofdirectors.Noticeofspecialmeetings shall be given to eachmember of the boardof directors: (i)by mailby the secretary, thechairman or the members of the board calling the meetingby depositing the same inthe officialgovernmentmailoftheUnitedStatesorany othercountry,postageprepaid, atleastsevendaysbeforethemeeting,addressedtothedirectoratthelastaddresshehasfurnished to the Corporation for this purpose, andany notice somailed shall bedeemed to have been given at thetime whenmailed;or (ii) in person,bytelephone orbyelectronic transmissionaddressedas stated above at least forty-eighthoursbefore themeeting, andsuchnotice shall bedeemed tohave been given whensuch personal or telephone conversation occurs or at the time when such electronic transmission is delivered to such address.
Section2.6Quorum.Atallmeetingsoftheboard,amajorityofthetotalnumberofdirectorsshallconstituteaquorumforthetransactionofbusiness,andtheactofamajorityofthedirectors presentatanymeetingatwhichaquorum ispresentshallbe theactof the board of directors, except as otherwise specifically required by statute, the articles ofincorporationorthesebylaws.Iflessthan a quorum is present, thedirector or directors present may adjourn themeeting from time to time withoutfurther notice. Voting by proxyisnotpermittedatmeetingsoftheboardofdirectors.
Section2.7Waiver.Attendanceofadirectoratameetingoftheboardofdirectorsshallconstituteawaiverofnoticeofsuchmeeting,exceptwhereadirectorattendsameetingfortheexpresspurposeofobjecting,atthebeginningofthemeeting,tothetransactionofany business becausethe meeting isnot lawfully called or convened. A written waiverof notice
signedbyadirectorordirectorsentitledtosuchnotice,whetherbefore,atorafterthetimefornoticeorthetimeofthemeeting,shallbeequivalenttothegivingofsuchnotice.
Section2.8ActionWithoutMeeting.Anyactionrequiredorpermittedtobetakenatameetingoftheboardofdirectorsmaybetakenwithoutameetingifaconsentinwritingsettingforththeactionsotakenshallbesignedbyallofthedirectorsandfiled with theminutes of proceedings of the board of directors.Any such consent maybe in counterparts andshall beeffectiveonthedateofthelastsignaturethereonunlessotherwiseprovidedtherein.
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Section2.9AttendancebyTelephone.Membersoftheboardofdirectorsmayparticipateinameetingofsuchboardbymeansofconferencetelephoneorsimilarcommunicationsequipmentbymeansof which allpersonsparticipating in themeetingcan hear each other, andsuchparticipation inameeting shallconstitutepresence inperson atsuchmeeting.
ARTICLEIII
Officers
Section3.1Election.TheCorporationshallhavesuchofficers,withsuchtitlesandduties,astheboardofdirectorsmaydeterminebyresolution,whichmustincludeachairmanoftheboard,apresident,asecretaryanda treasurerandmayincludeoneormorevice presidents and one ormore assistants to such officers. The officers shall in any event have such titles and duties as shall enable the Corporation to sign instruments and stockcertificatescomplying with Section 6.1 ofthesebylaws, and one ofthe officers shall have the duty to record the proceedings of the stockholders and the directors in a book to be kept for that purpose. The officers shall be elected by the board of directors; provided, however, that thechairman mayappoint one ormore assistant secretaries and assistant treasurers and such other subordinate officers as hedeems necessary, who shall hold their offices for suchterms andshall exercisesuchpowers and perform such dutiesas areprescribedin thebylawsor as may bedetermined fromtimetotimebytheboardofdirectors orthechairman. Any two ormore offices may be heldby thesame person.
Section3.2RemovalandResignation.Anyofficerelectedorappointedbytheboardofdirectorsmayberemovedatanytimebytheaffirmativevoteofamajorityoftheboardofdirectors.Anyofficer appointedby the chairmanmaybe removedatanytimeby the board of directors or the chairman.Anyofficer mayresign atany timebygiving written notice of his resignation to the chairmanor to the secretary, and acceptance of such resignation shall not be necessary tomake it effective unless the notice so provides.Any vacancy occurring inany office ofchairman of the board, president, vice president, secretary ortreasurershallbefilledby theboardofdirectors.Any vacancyoccurringinanyother office maybe filledbythechairman.
Section3.3ChairmanoftheBoard.Thechairmanoftheboardshallpresideatallmeetingsofshareholdersandoftheboardofdirectors,andshallhavethepowersandperformthe duties usually pertainingto such office, and shall have such other powers andperform such other duties asmay be from time totime prescribed by the board of directors..
Section3.4President.ThepresidentshallbethechiefexecutiveofficeroftheCorporation,andshall havegeneralandactivemanagement of thebusiness andaffairsoftheCorporation,underthedirectionoftheboardofdirectors.Unlesstheboardofdirectorshas appointed another presiding officer, thepresident shall presideat allmeetings of theshareholders.
Section3.5VicePresident.Thevicepresidentor,ifthereismorethanone,thevicepresidentsintheorderdeterminedbytheboardofdirectorsor,inlieuofsuchdetermination,intheorderdeterminedbythepresident,shallbetheofficerorofficersnext in seniority after thepresident. Each vice president shall alsoperform such duties and exercise such powers asare appropriate and such as are prescribedby the board ofdirectorsor, in lieuofor in addition tosuch prescription, suchas are prescribedby thepresident from timetotime.Uponthedeath,absence or disabilityofthepresident,thevicepresident or, if there ismore than one, the vice presidents in the order determinedby the board of directorsor,inlieuofsuchdetermination, intheorderdeterminedbythepresident,or,in lieu of such determination, in the order determinedby the chairman, shall be the officer orofficers next in seniority after the president. in the order determinedby the and shallperform the duties and exercise the powers of the president.
Section3.6AssistantVicePresident.Theassistantvicepresident,ifany,or,ifthereismorethanone,theassistantvicepresidentsshall,underthesupervisionofthepresidentoravicepresident,performsuchdutiesandhavesuchpowersasareprescribedbytheboardofdirectors,thepresidentoravicepresidentfromtimetotime.
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Section3.7Secretary.Thesecretaryshallgive,orcausetobegiven,noticeofallmeetingsofthestockholdersandspecialmeetingsoftheboardofdirectors,keeptheminutesofsuchmeetings,havechargeofthecorporate sealand stockrecords,beresponsiblefor themaintenance of all corporate files and records and the preparation and filing of reports to governmental agencies (other than tax returns), have authority to affix the corporate seal toanyinstrumentrequiringit(and, when soaffixed,attestit byhissignature),andperform such other duties and have such other powers as are appropriate and such as are prescribed by the board of directors or the president from time to time.
Section3.8AssistantSecretary.The assistantsecretary, ifany,or,ifthere ismorethanone,theassistantsecretariesintheorderdeterminedbytheboardofdirectorsor,inlieuof
suchdetermination,bythepresidentorthesecretaryshall,intheabsenceordisabilityofthesecretaryorincasesuchdutiesarespecificallydelegatedtohimbytheboardofdirectors,thechairman, or the secretary, perform the duties and exercise the powers ofthesecretary and shall,underthesupervision of thesecretary, performsuchotherdutiesand have such other powers as are prescribedby the board of directors, the chairman, or the secretary from timeto time.
Section3.9Treasurer.Thetreasurershallhavecontrolofthefundsandthecareandcustodyofallthestocks,bondsandothersecuritiesoftheCorporationandshallberesponsible for the preparation and filing of tax returns. He shall receive allmoneys paid to the Corporation and shall have authority to give receipts and vouchers, to sign and endorsechecks andwarrants in itsnameand onits behalf, and give fulldischarge forthesame. He shall also have charge of the disbursement of the funds of the Corporation andshall keep full and accurate records ofthe receipts and disbursements. Heshall deposit allmoneys and other valuable effects in the name and to the credit of the Corporation in such depositories as shall be designated by the board of directors and shall performsuch otherdutiesandhavesuchotherpowersas are appropriateandsuchas areprescribedbythe board of directors or the presidentfrom timetotime.
Section3.10AssistantTreasurer.Theassistanttreasurer,ifany,or,ifthereismorethanone,theassistanttreasurersintheorderdeterminedbytheboardofdirectorsor,inlieuofsuchdetermination,bythechairmanorthetreasurershall,intheabsenceordisabilityof the treasurer orin case such duties are specifically delegatedto himby the board of directors,thechairmanorthetreasurer,performthedutiesandexercisethepowers of thetreasurerandshall,underthesupervisionofthetreasurer, performsuchotherdutiesand have such other powers as are prescribedbythe board of directors, the president or thetreasurer fromtimeto time.
Section3.11Compensation.Officersshallreceivesuchcompensation,ifany,fortheirservicesasmaybeauthorizedorratifiedbytheboardofdirectors.Electionorappointmentasanofficer shallnotofitself create arighttocompensation forservicesperformedas such officer.
ARTICLEIV
Committees
Section4.1DesignationofCommittees.Theboardofdirectorsmayestablishcommitteesfortheperformanceofdelegatedordesignatedfunctionstotheextentpermittedbylaw, each committee toconsist ofoneormoredirectors of the Corporation, andifthe board ofdirectors so determines, one or more persons who are not directors of the Corporation. Inthe absence or disqualification of amember of acommittee, themember ormembers thereof present at anymeetingand not disqualified from voting, whether or not he or they
constituteaquorum,may unanimously appointanothermemberoftheboardofdirectorstoactatthemeetingintheplaceofsuchabsentordisqualifiedmember.
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Section4.2CommitteePowersandAuthority.Theboardofdirectorsmayprovide,byresolutionorbyamendmenttothesebylaws,foranExecutiveCommitteetoconsistofoneormoredirectors of the Corporation(but no persons who are not directors oftheCorporation) thatmay exercise all the powerand authorityofthe board of directors in the management ofthe businessand affairsof theCorporation,andmay authorize theseal of theCorporationtobeaffixedtoallpaperswhichmay requireit;provided,however,that an Executive Committee maynot exercise the power or authorityof the board of directors inreference toamending thearticles of incorporation (except that an ExecutiveCommitteemay, to the extent authorized inthe resolution or resolutions providing for the issuance of shares of stock adoptedbythe board of directors, pursuant to Article 3(3) of the articles ofincorporation, fixthe designationsandanyofthepreferencesorrightsofshares of preferredstock relating to dividends,redemption, dissolution,anydistribution of property or assets oftheCorporation,or theconversion into,ortheexchangeofsharesfor, shares of anyother class or classes oranyother series of thesame or anyother class or classes ofstockoftheCorporationor fixthe numberofshares of anyseries of stock or authorize theincreaseordecreaseofthesharesof anyseries),adoptinganagreementof mergeror consolidation, recommending to the stockholders the sale, lease, or exchange of all orsubstantially alloftheCorporations property and assets, recommending to the stockholders a dissolution of the Corporationor a revocationof a dissolution, oramending thesebylaws; and, unless the resolution expressly so provides, no an Executive Committee shall have the power or authorityto declare a dividend orto authorize the issuance of stock.
Section4.3CommitteeProcedures.Totheextenttheboardofdirectorsorthecommitteedoesnotestablishotherproceduresforthecommittee,eachcommitteeshallbegovernedbytheprocedures establishedin Section 2.4 (exceptastheyrelate toanannual meeting of the board of directors) and Sections 2.5, 2.6, 2.7, 2.8 and 2.9 of these bylaws, as if thecommittee were theboard ofdirectors.
ARTICLEV
Indemnification
Section5.1ExpensesforActionsOtherThanByorIntheRightoftheCorporation.TheCorporationshallindemnifyanypersonwhowas orisapartyoristhreatenedtobemadeapartytoanythreatened,pendingorcompletedaction,suitorproceeding,whethercivil,criminal, administrativeorinvestigative (otherthan an actionbyorinthe rightof the Corporation)byreasonof thefactthatheisorwasadirector orofficeroftheCorporation, or, while a directoror officer of the Corporation, is or was serving at the request of the Corporationasa director,officer,employeeor agentofanother corporation, partnership,
jointventure,trust,associationorotherenterprise,againstexpenses(includingattorneysfees),judgments,finesandamountspaidinsettlementactuallyandreasonablyincurredbyhiminconnectionwithwhichaction, suitorproceeding,ifhe acted in goodfaith andin amanner he reasonably believed to be in or not opposed to the best interests of the Corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe his conduct was unlawful. The termination of any action,suit or proceedingby judgment,order,settlement, convictionor uponplea ofnolocontendere or its equivalent, shall not,of itself, createa presumptionthat the person didnot act in good faith and in a manner which he reasonably believed to be in or not opposed to the bestinterestsoftheCorporationand,withrespect toanycriminalactionorproceeding,thathe had reasonable cause to believe that his conduct was unlawful.
Section5.2ExpensesforActionsByorIntheRightoftheCorporation.TheCorporationshallindemnifyanypersonwhowasorisapartyoristhreatenedtobemadeapartytoanythreatened,pendingorcompletedactionorsuit by or in therightofthe Corporationto procure a judgment in its favor by reason of the fact that he is or was a director or officer of the Corporation, or, while a director or officer of the Corporation, is or was servingat the request ofthe Corporationas a director, officer,employee or agent ofanothercorporation, partnership, joint venture, trust, association or other enterprise, against expenses (includingattorneysfees)actuallyandreasonablyincurred byhiminconnection withthe defense orsettlement ofsuch actionor suit, if he acted ingood faith and in amannerhe reasonably believed to bein or not opposed to the best interests of the Corporation,exceptthatno indemnificationshall bemade inrespectofany claim,issueormatteras to whichsuch person shall have been adjudged to be liable to the Corporation unlessandonlyto the extent that the courtin whichsuch action or suitwas brought shalldetermine upon applicationthat,despite theadjudication ofliability but inview ofall the circumstances of the case, such person isfairly and reasonably entitled to indemnity forsuchexpenseswhich thecourtshall deemproper.
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Section5.3SuccessfulDefense.TotheextentthatanypersonreferredtointheprecedingtwosectionsofthisArticleVhasbeensuccessfulonthemeritsorotherwiseindefenseofanyaction, suit or proceeding referred to in such sections, or in defense of anyclaim issue, ormatter therein, he shall be indemnified against expenses (including attorneys fees) actually andreasonably incurred by him in connection therewith.
Section5.4DeterminationtoIndemnify.AnyindemnificationunderthefirsttwosectionsofthisArticleV(unlessorderedbyacourt)shallbemadebytheCorporationonlyas authorizedin the specific case upon a determination that indemnification of the director orofficerisproperinthecircumstancesbecausehehasmettheapplicablestandard ofconductset forth therein. Such determination shall be made (i)bythe stockholders, (ii)bythe board of directorsby majority vote of a quorum consisting of directors who were not parties to
suchaction,suitorproceeding,or(iii)ifsuchquorumisnotobtainableor,ifaquorumofdisinteresteddirectorssodirects,byindependentlegalcounselinawrittenopinion.
Section5.5ExpenseAdvances.Expensesincurredbyanofficerordirectorindefendinganycivilorcriminalaction,suitorproceedingmaybepaidbytheCorporationinadvanceofthefinaldispositionofsuchaction,suitorproceedinguponreceiptofanundertakingbyor on behalf of the director or officer to repay such amount if it shall ultimately be determined thathe isnot entitled tobe indemnified by theCorporation as authorizedin this ArticleV.
Section5.6ProvisionsNonexclusive.Theindemnificationandadvancementofexpensesprovidedby,orgrantedpursuantto,theothersectionsofthisArticleVshallnotbedeemedexclusiveofanyotherrightstowhichanypersonseekingindemnificationoradvancement of expenses maybe entitled under the articles of incorporation or underanyother bylaw,agreement, insurancepolicy, vote of stockholders or disinterested directors, statute or otherwise, both as toaction in his official capacity and asto actionin another capacity whileholdingsuchoffice.
Section5.7Insurance.Byactionoftheboard ofdirectors,notwithstanding anyinterestofthedirectorsintheaction,theCorporationshallhavepowertopurchaseandmaintaininsurance,insuchamountsastheboardofdirectorsdeemsappropriate,onbehalfofanypersonwhoisorwasadirectororofficeroftheCorporation,orisorwasservingatthe request of the Corporation as a director, officer,employee or agent of another corporation,partnership, joint venture, trust, associationor other enterprise,againstanyliability asserted againsthim andincurredby himinany such capacity,orarising outofhis status as such, whether or not he is indemnified against such liabilityor expense under theprovisionsofthis Article V and whether or not the Corporation would have the power or would berequiredto indemnify him against such liability under the provisions ofthis Article Vor of theDelaware GeneralLaws orbyany other applicablelaw.
Section5.8SurvivingCorporation.TheboardofdirectorsmayprovidebyresolutionthatreferencestotheCorporationinthisArticleVshallinclude,inadditiontothisCorporation,allconstituentcorporationsabsorbedina merger withthisCorporationsothat any person who was a director or officer of such a constituent corporation or is or was serving at the requestof such constituent corporation as a director,employee or agent ofanother corporation, partnership, joint venture, trust, association or other entity shall standin the same position under the provisions of this Article V with respect to this Corporation as he would if he had served this Corporation in the same capacity or is or was so serving such other entity at the request of this Corporation, as the case may be.
Section5.9Inurement.Theindemnificationandadvancementofexpensesprovidedby,orgranted pursuantto,thisArticleV shall continueas toa personwho hasceasedtobea
directororofficerandshallinuretothebenefitof theheirs,executors,andadministratorsofsuchperson.
Section5.10EmployeesandAgents.Tothesameextentasitmaydoforadirectororofficer,theCorporation mayindemnifyandadvanceexpensestoa personwho isnot andwasnotadirector orofficerof theCorporationbutwhoisorwasan employeeoragentof the Corporation or who is or was serving at the request of the Corporation as a director,officer,employee or agentof anothercorporation, partnership, jointventure,trust,association or other enterprise.
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ARTICLEVI
Stock
Section6.1Certificates.EveryholderofstockintheCorporationrepresentedbycertificatesand,uponrequest,everyholderofuncertificatedsharesshallbeentitledtohave acertificate, signedby orinthe nameof the Corporation by thePresidentor chairmanof the board of directors, or a vice president, andby the secretary or an assistant secretary, or the treasurer or an assistant treasurer of theCorporation, certifying the number of shares owned by him in the Corporation.
Section6.2FacsimileSignatures.Whereacertificateofstockiscountersigned(i)byatransferagentotherthantheCorporationoritsemployeeor(ii)byaregistrarotherthantheCorporationoritsemployee,any othersignature on the certificate may befacsimile.In caseanyofficer,transferagent or registrarwhohas signed,orwhosefacsimilesignature or signatures have been placed upon,anysuch certificate shall cease to be such officer, transfer agent or registrar, whether because of death, resignation or otherwise, before such certificate is issued, the certificate maynevertheless be issuedby the Corporation with thesame effect as ifhe were such officer, transfer agent or registrar atthe date ofissue.
Section6.3TransferofStock.TransfersofsharesofstockoftheCorporationshallbemadeonthebooksoftheCorporation onlyupon presentationof thecertificateorcertificatesrepresentingsuchsharesproperly endorsedoraccompaniedby aproperinstrumentofassignment,exceptasmay otherwisebeexpresslyprovidedby thelawsof the State of Delawareor by order by a court ofcompetent jurisdiction. The officers or transfer agents of the Corporationmay, in their discretion, require a signature guarantybeforemakingany transfer.
Section6.4LostCertificates.Theboardofdirectors maydirectthatanewcertificateofstockbeissuedinplaceofanycertificateissuedbytheCorporationthatisallegedtohavebeenlost,stolen or destroyed, upon themaking of an affidavitof thatfactby the personclaimingthe certificate to be lost, stolen, or destroyed.When authorizing such issue of a
newcertificate,theboardofdirectorsmay,initsdiscretionandasaconditionprecedenttotheissuanceofanewcertificate,requiretheownerofsuchlost,stolen,ordestroyedcertificate,orhislegalrepresentative,togivetheCorporationabondinsuchsumasitmay reasonably directas indemnity against any claim thatmay be made against the Corporation onaccountoftheallegedloss,theftordestructionofany suchcertificateortheissuanceofsuchnewcertificate.
ARTICLEVII
Seal
Theboardofdirectorsmay,butarenotrequiredto,adoptandprovideacommonsealorstampwhich,whenadopted,shallconstitutethecorporatesealoftheCorporation.Thesealmaybeusedbycausingitorafacsimilethereoftobeimpressedoraffixedormanuallyreproduced.
ARTICLEVIII
FiscalYear
Theboard ofdirectors,byresolution,haveadoptedNovember30thasitsfiscalyear endfortheCorporation.
ARTICLEIX
Amendment
Thesebylawsmayatanytimeandfromtimetotimebeamended,alteredorrepealedexclusivelybytheboardofdirectors,as providedinthearticles ofincorporation.
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