EXHIBIT 3.1
AMENDED AND RESTATED
CERTIFICATE OF INCORPORATION OF
ARIBA, INC.
(ORIGINALLY INCORPORATED ON SEPTEMBER 17, 1996 UNDER THE
NAME PROCURESOFT, INC.)
ARTICLE I
The name of the corporation is Ariba, Inc. (the "Corporation").
ARTICLE II
The address of the registered office of this corporation in the State of
Delaware is 1013 Centre Road, in the City of Wilmington, County of New Castle.
The name of its registered agent at such address is The Prentice-Hall
Corporation System, Inc.
ARTICLE III
The nature of the business or purposes to be conducted or promoted is to
engage in any lawful act or activity for which corporations may be organized
under the General Corporation Law of the State of Delaware.
ARTICLE IV
The Corporation is authorized to issue two classes of stock to be
designated common stock ("Common Stock") and preferred stock ("Preferred
Stock"). The number of shares of Common Stock authorized to be issued is Two
Hundred Million (200,000,000), par value $.002 per share, and the number of
shares of Preferred Stock authorized to be issued is Twenty Million
(20,000,000), par value $.002 per share.
The board of directors is authorized, subject to any limitations prescribed
by law, to provide for the issuance of shares of Preferred Stock in series, and
by filing a certificate pursuant to the applicable law of the State of Delaware
(such certificate being hereinafter referred to as a "Preferred Stock
Designation"), to establish from time to time the number of shares to be
included in each such series, and to fix the designation, powers, preferences,
and rights of the shares of each such series and any qualifications, limitations
or restrictions thereof. The number of authorized shares of Preferred Stock may
be increased or decreased (but not below the number of shares thereof then
outstanding) by the affirmative vote of the holders of a majority of the Common
Stock, without a vote of the holders of the Preferred Stock, or of any series
thereof, unless a vote of any such holders is required pursuant to the terms of
any Preferred Stock Designation.
ARTICLE V
The following provisions are inserted for the management of the business
and the conduct of the affairs of the Corporation, and for further definition,
limitation and regulation of the powers of the Corporation and of its directors
and stockholders:
A. The business and affairs of the Corporation shall be managed by or
under the direction of the board of directors. In addition to the powers and
authority expressly conferred upon them by statute or by this Amended and
Restated Certificate of Incorporation or the Bylaws of the Corporation, the
directors are hereby empowered to exercise all such powers and do all such acts
and things as may be exercised or done by the Corporation.
B. The directors of the Corporation need not be elected by written ballot
unless the Bylaws so provide.
C. Any action required or permitted to be taken by the stockholders of
the Corporation must be effected at a duly called annual or special meeting of
stockholders of the Corporation and may not be effected by any consent in
writing by such stockholders.
D. Special meetings of stockholders of the Corporation may be called only
by the Chairman of the Board or the President or by the board of directors
acting pursuant to a resolution adopted by a majority of the Whole Board. For
purposes of this Amended and Restated Certificate of Incorporation, the term
"Whole Board" shall mean the total number of authorized directors whether or not
there exist any vacancies in previously authorized directorships.
ARTICLE VI
A. Subject to the rights of the holders of any series of Preferred Stock
to elect additional directors under specified circumstances, the number of
directors shall be fixed from time to time by the board of directors pursuant to
a resolution adopted by a majority of the Whole Board. The directors, other than
those who may be elected by the holders of any series of Preferred Stock under
specified circumstances, shall be divided into three classes, with the term of
office of the first class to expire at the Corporation's first annual meeting of
stockholders following the effectiveness of this Article, the term of office of
the second class to expire at the Corporation's second annual meeting of
stockholders following the effectiveness of this Article and the term of office
of the third class to expire at the Corporation's third annual meeting of
stockholders following the effectiveness of this Article. At each annual meeting
of stockholders, directors elected to succeed those directors whose terms expire
shall be elected for a term of office to expire at the third succeeding annual
meeting of stockholders after their election.
B. Subject to the rights of the holders of any series of Preferred Stock
then outstanding, newly created directorships resulting from any increase in the
authorized number of directors or any vacancies in the board of directors
resulting from death, resignation, retirement, disqualification, removal from
office or other cause shall, unless otherwise provided by law or by resolution
of the board of directors, be filled only by a majority vote of the directors
then in office, though less than a quorum, and directors so chosen shall hold
office for a term expiring at the annual meeting of stockholders at which the
term of office of the class to which they have been chosen expires. No decrease
in the authorized number of directors shall shorten the term of any incumbent
director.
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C. Advance notice of stockholder nominations for the election of
directors and of business to be brought by stockholders before any meeting of
the stockholders of the Corporation shall be given in the manner provided in the
Bylaws of the Corporation.
D. Subject to the rights of the holders of any series of Preferred Stock
then outstanding, any directors, or the entire board of directors, may be
removed from office at any time, but only for cause and only by the affirmative
vote of the holders of at least sixty-six and two-thirds percent (66-2/3%) of
the voting power of all of the then-outstanding shares of capital stock of the
Corporation entitled to vote generally in the election of directors, voting
together as a single class.
ARTICLE VII
A director of the Corporation shall not be personally liable to the
Corporation or its stockholders for monetary damages for breach of fiduciary
duty as a director, except for liability (i) for any breach of the director's
duty of loyalty to the Corporation or its stockholders, (ii) for acts or
omissions not in good faith or which involve intentional misconduct or a knowing
violation of law, (iii) under Section 174 of the Delaware General Corporation
Law, or (iv) for any transaction from which the director derived any improper
personal benefit. If the Delaware General Corporation Law is amended after
approval by the stockholders of this Article to authorize corporate action
further eliminating or limiting the personal liability of directors then the
liability of a director of the Corporation shall be eliminated or limited to the
fullest extent permitted by the Delaware General Corporation Law as so amended.
Any repeal or modification of the foregoing provisions of this Article by
the stockholders of the Corporation shall not adversely affect any right or
protection of a director of the Corporation existing at the time of, or increase
the liability of any director of this Corporation with respect to any acts or
omissions of such director occurring prior to, such repeal or modification.
ARTICLE XIII
The board of directors is expressly empowered to adopt, amend or repeal the
Bylaws of the Corporation. Any adoption, amendment or repeal of the Bylaws of
the Corporation by the board of directors shall require the approval of a
majority of the Whole Board. The stockholders shall also have power to adopt,
amend or repeal the Bylaws of the Corporation; provided, however, that, in
addition to any vote of the holders of any class or series of stock of the
Corporation required by law or by this Amended and Restated Certificate of
Incorporation, the affirmative vote of the holders of at least sixty-six and
two-thirds percent (66-2/3%) of the voting power of all of the then-outstanding
shares of the capital stock of the Corporation entitled to vote generally in the
election of directors, voting together as a single class, shall be required to
adopt, amend or repeal any provision of the Bylaws of the Corporation.
ARTICLE IX
In addition to any vote of the holders of any class or series of the stock
of this Corporation required by law or by this Amended and Restated Certificate
of Incorporation, the
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affirmative vote of the holders of a majority of the voting power of all of the
then outstanding shares of capital stock of the Corporation entitled to vote
generally in the election of directors, voting together as a single class, shall
be required to amend or repeal the provisions of Article I, Article II, and
Article III of this Amended and Restated Certificate of Incorporation.
Notwithstanding any other provision of this Amended and Restated Certificate of
Incorporation or any provision of law which might otherwise permit a lesser vote
or no vote, but in addition to any vote of the holders of any class or series of
the stock of this Corporation required by law or by this Amended and Restated
Certificate of Incorporation, the affirmative vote of the holders of at least
sixty-six and two-thirds percent (66-2/3%) of the voting power of all of the
then outstanding shares of the capital stock of the Corporation entitled to vote
generally in the election of directors, voting together as a single class, shall
be required to amend or repeal any provision of this Amended and Restated
Certificate of Incorporation not specified in the preceding sentence.
* * * *
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IN WITNESS WHEREOF, this Amended and Restated Certificate of Incorporation,
which restates and integrates and further amends the provisions of the
Corporation's Amended and Restated Certificate of Incorporation, and which has
been duly adopted in accordance with Sections 242 and 245 of the Delaware
General Corporation Law, has been executed by a duly authorized officer of the
Corporation this 28th day of June, 1999.
/s/ Keith J. Krach
--------------------------------------
Keith J. Krach
President and Chief Executive Officer
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CERTIFICATE OF AMENDMENT OF THE AMENDED AND RESTATED
CERTIFICATE OF INCORPORATION OF ARIBA, INC.
Ariba, Inc., a corporation organized and existing under and by virtue of
the General Corporation Law of the State of Delaware (the "Corporation"),
DOES HEREBY CERTIFY:
FIRST: That the Board of Directors adopted a resolution setting forth a
proposed amendment to the Amended and Restated Certificate of Incorporation of
said Corporation and declaring said amendment advisable and directing that said
amendment be submitted to the stockholders of said Corporation entitled to vote
in respect thereof for their approval. The resolution setting forth said
amendment is as follows:
RESOLVED, that the Amended and Restated Certificate of Incorporation
of the Corporation be amended by replacing the first paragraph of Article
IV thereof so that such paragraph shall be and read as follows:
"This corporation is authorized to issue two classes of stock to
be designated common stock ("Common Stock") and preferred stock
("Preferred Stock"). The number of shares of Common Stock authorized
to be issued is Six Hundred Million (600,000,000), par value $0.002
per share, and the number of shares of Preferred Stock authorized to
be issued is Twenty Million (20,000,000), par value $0.002 per share."
SECOND: That thereafter said amendment was duly adopted in accordance with
the provisions of Section 242 of the General Corporation Law and the Amended and
Restated Certificate of Incorporation of the Corporation by obtaining the
affirmative vote of the holders of at least sixty-six and two-thirds percent
(66-2/3%) of the Common Stock in favor of said amendment in the manner set forth
in Section 222 of the General Corporation Law.
IN WITNESS WHEREOF, this Certificate of Amendment of the Amended and
Restated Certificate of Incorporation has been signed by the Chief Executive
Officer and the Secretary of the Corporation this 17th day of March, 2000.
ARIBA, INC.
By: /s/ Keith J. Krach
----------------------------------------
Keith J. Krach, CHIEF EXECUTIVE OFFICER
ATTEST:
By: /s/ Edward P. Kinsey
---------------------------------
Edward P. Kinsey, SECRETARY
CERTIFICATE OF AMENDMENT OF THE
AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF
ARIBA, INC.
Ariba, Inc., a corporation organized and existing under and by virtue of
the General Corporation Law of the State of Delaware (the "Corporation"),
DOES HEREBY CERTIFY:
FIRST: That the Board of Directors adopted a resolution setting forth a
proposed amendment to the Amended and Restated Certificate of Incorporation of
said Corporation and declaring said amendment advisable and directing that said
amendment be submitted to the stockholders of said Corporation entitled to vote
in respect thereof for their approval. The resolution setting forth said
amendment is as follows:
"RESOLVED, that the Amended and Restated Certificate of Incorporation
of the Corporation be amended by replacing the first paragraph of Article
IV thereof so that such paragraph shall be and read as follows:
"This corporation is authorized to issue two classes of stock to
be designated common stock ("Common Stock") and preferred stock
("Preferred Stock"). The number of shares of Common Stock authorized to
be issued is Six Hundred One Million Eight Hundred Thousand
(601,800,000), par value $0.002 per share, and the number of shares of
Preferred Stock authorized to be issued is Twenty Million (20,000,000),
par value $0.002 per share."
SECOND: That thereafter said amendment was duly adopted in accordance with
the provisions of Section 242 of the General Corporation Law by obtaining a vote
of at least sixty-six and two-thirds percent (66 2/3%) of the Common Stock in
favor of said amendment in the manner set forth in Section 222 of the General
Corporation Law of the State of Delaware.
IN WITNESS WHEREOF, this Certificate of Amendment of the Amended and
Restated Certificate of Incorporation of the Corporation has been signed by the
Chief Executive Officer and the Secretary of the Corporation this 8th day of
November, 2000.
ARIBA, INC.
By:/s/ Keith J. Krach
-----------------------------------------
Keith J. Krach, CHIEF EXECUTIVE OFFICER
ATTEST:
By: /s/ Edward P. Kinsey
----------------------------------------
Edward P. Kinsey, SECRETARY
CORRECTED CERTIFICATE OF CERTIFICATE AMENDMENT
OF THE
AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF
ARIBA, INC.
Pursuant to Section 103 of the Delaware General Corporation Law
A Certificate of Amendment of the Amended and Restated Certificate of
Incorporation of Ariba, Inc. (the "Certificate") was filed with the Delaware
Secretary of State on November 8, 2000. The document needs to be corrected in as
it was incorrectly filed with the incorrect number of shares of Common Stock
authorized to be issued as 601,800,000. The correct number of shares of Common
Stock authorized to be issued is 1,500,000,000.
The document in its corrected form is set forth in its entirety as set
forth in EXHIBIT A.
In Witness Whereof, this Corrected Certificate is executed on behalf of the
Corporation by Keith J. Krach, its Chief Executive Officer, this 22nd day of
December, 2000.
/s/ Keith J. Krach
-----------------------------------------
Keith J. Krach, Chief Executive Officer
EXHIBIT A
---------
CERTIFICATE OF AMENDMENT OF THE
AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF
ARIBA, INC.
Ariba, Inc., a corporation organized and existing under and by virtue of
the General Corporation Law of the State of Delaware (the "Corporation"),
DOES HEREBY CERTIFY:
FIRST: That the Board of Directors adopted a resolution setting forth a
proposed amendment to the Amended and Restated Certificate of Incorporation of
said Corporation and declaring said amendment advisable and directing that said
amendment be submitted to the stockholders of said Corporation entitled to vote
in respect thereof for their approval. The resolution setting forth said
amendment is as follows:
"RESOLVED, that the Amended and Restated Certificate of Incorporation
of the Corporation be amended by replacing the first paragraph of Article
IV thereof so that such paragraph shall be and read as follows:
"This corporation is authorized to issue two classes of stock to
be designated common stock ("Common Stock") and preferred stock
("Preferred Stock"). The number of shares of Common Stock authorized to
be issued is One Billion Five Hundred Million (1,500,000,000), par
value $0.002 per share, and the number of shares of Preferred Stock
authorized to be issued is Twenty Million (20,000,000), par value
$0.002 per share."
SECOND: That thereafter said amendment was duly adopted in accordance with
the provisions of Section 242 of the General Corporation Law by obtaining a vote
of at least sixty-six and two-thirds percent (66 2/3%) of the Common Stock in
favor of said amendment in the manner set forth in Section 222 of the General
Corporation Law of the State of Delaware.
IN WITNESS WHEREOF, this Certificate of Amendment of the Amended and
Restated Certificate of Incorporation of the Corporation has been signed by the
Chief Executive Officer and the Secretary of the Corporation this 8th day of
November, 2000.
ARIBA, INC.
By:/s/ Keith J. Krach
-----------------------------------------
Keith J. Krach, CHIEF EXECUTIVE OFFICER
ATTEST:
By: /s/ Edward P. Kinsey
----------------------------------------
Edward P. Kinsey, SECRETARY