1
EXHIBIT 3.1
THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
(General Laws, Chapter 156B, Section 72)
- -----------------------------------------------------------------------------
- -----------------------------------------------------------------------------
I hereby approve the within Articles of Amendment and, the filing fee in the
amount of $________ having been paid, said articles are deemed to have been
filed with me this ______ day of 19_______.
Effective date: ______________________
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
TO BE FILLED IN BY CORPORATION
Photocopy of document to be sent to:
Infinium Software, Inc.
----------------------------------------
Anne Marie Monk, Clerk
----------------------------------------
25 Communications Way
----------------------------------------
Hyannis, MA 02601
----------------------------------------
2
The foregoing amendment(s) will become effective when these Articles of
Amendment are filed in accordance with General Laws, Chapter 156B, Section 6
unless these articles specify, in accordance with the vote adopting the
amendment, a later effective date not more than thirty days after such filing,
in which event the amendment will become effective on such later date.
Later effective date:_____________________________________
SIGNED UNDER THE PENALTIES OF PERJURY, this 17th day of February, 1997.
---- -------- --
Frederick J. Lizza , *President
- --------------------------------------------------
Anne Marie Monk *Clerk
- --------------------------------------------------
*Delete the inapplicable words.
3
To change the number of shares and the par value (if any) of any type, class or
series of stock which the corporation is authorized to issue, fill in the
following:
The total presently authorized is:
- --------------------------------------------------------------------------------
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- --------------------------------------------------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- --------------------------------------------------------------------------------
Common: Common:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Preferred: Preferred:
- --------------------------------------------------------------------------------
Change the total authorized to:
- --------------------------------------------------------------------------------
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- --------------------------------------------------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- --------------------------------------------------------------------------------
Common: Common:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Preferred: Preferred:
- --------------------------------------------------------------------------------
4
FEDERAL IDENTIFICATION
NO. 04-2734036
-------------------
THE COMMONWEALTH OF MASSACHUSETTS
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
One Ashburton Place, Boston, Massachusetts 02108-1512
ARTICLES OF AMENDMENT
(General Laws, Chapter 156B, Section 72)
We, Frederick J. Lizza, *President
------------------------------------------------------------------
and Anne Marie Monk, *Clerk of
-------------------------------------------------------------------
of Software 2000, Inc. ,
----------------------------------------------------------------------------
(Exact name of corporation)
located at 25 Communications Way, Drawer 6000, Hyannis, MA 02601 ,
---------------------------------------------------------------------
(Street address of corporation in Massachusetts)
certify that these Articles of Amendment affecting articles numbered:
One (1)
- --------------------------------------------------------------------------------
(Number those articles 1, 2, 3, 4, 5 and/or 6 being amended)
of the Articles of Organization were duly adopted at a meeting held on
February 14, 1997, by vote of:
- ------------------
10,637,652 shares of Common Stock of 10,802,091 shares outstanding,
- ------------ ----------------- --------------
(type, class & series, if any)
shares of of shares outstanding, and
- ------------ ----------------- -------------
(type, class & series, if any)
shares of of shares outstanding,
- ------------ ----------------- --------------
(type, class & series, if any)
1)** being at least a majority of each type, class or series outstanding and
entitled to vote thereon:/
Voted: That the name by which the corporation shall be known is
hereby changed to: Infinium Software, Inc.
*Delete the inapplicable words. **Delete the inapplicable clause.
1) For amendments adopted pursuant to Chapter 156B, Section 70.
2) For amendments adopted pursuant to Chapter 156B, Section 71.
Note: If the space provided under any article or item on this form is
insufficient, additions shall be set forth on one side only of separate 8 1/2 x
11 sheets of paper with a left margin of at least 1 inch. Additions to more
than one article may be made on a single sheet so long as each article
requiring each addition is clearly indicated.
5
THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
(GENERAL LAWS, CHAPTER 156B, SECTION 72)
I hereby approve the within Articles of Amendment and, the filing fee in the
amount of $100 having been paid, said articles are deemed to have been filed
with me this 18th day of February 1997.
Effective date:_____________________________________________
/s/ William Francis Galvin
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
TO BE FILLED IN BY CORPORATION
PHOTOCOPY OF DOCUMENT TO BE SENT TO:
-----------------------------------------
Infinium Software, Inc.
-----------------------------------------
Anne Marie Monk, Clerk
-----------------------------------------
25 Communications Way
-----------------------------------------
Hyannis, MA 02601
-----------------------------------------
6
THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
(GENERAL LAWS, CHAPTER 156B, SECTION 72)
I hereby approve the within Articles of Amendment and, the filing fee in the
amount of $100 having been paid, said articles are deemed to have been filed
with me this 18th day of February 1997.
Effective date:_____________________________________________
/s/ William Francis Galvin
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
TO BE FILLED IN BY CORPORATION
PHOTOCOPY OF DOCUMENT TO BE SENT TO:
Infinium Software, Inc.
-------------------------------------
Anne Marie Monk, Clerk
-------------------------------------
25 Communications Way
-------------------------------------
Hyannis, MA 02601
-------------------------------------
7
The foregoing amendment(s) will become effective when these Articles of
Amendment are filed in accordance with General Laws, Chapter 156B, Section 6
unless these articles specify, in accordance with the vote adopting the
amendment, a later effective date not more than thirty days after such filing,
in which event the amendment will become effective on such later date.
Later effective date:_____________________________________
SIGNED UNDER THE PENALTIES OF PERJURY, this 17th day of February, 1997.
---- -------- --
Frederick J. Lizza *President
- ------------------------------------------------------------,
Anne Marie Monk
- ------------------------------------------------------------, *Clerk
*Delete the inapplicable words.
8
To change the number of shares and the par value (if any) of any type class or
series of stock which the corporation is authorized to issue, fill in the
following.
The total presently authorized is:
- --------------------------------------------------------------------------------
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- --------------------------------------------------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- --------------------------------------------------------------------------------
Common: Common:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Preferred: Preferred:
- --------------------------------------------------------------------------------
Change the total authorized to:
- --------------------------------------------------------------------------------
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- --------------------------------------------------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- --------------------------------------------------------------------------------
Common: Common:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Preferred: Preferred:
- --------------------------------------------------------------------------------
9
To change the number of shares and the par value (if any) of any type, class or
series of stock which the corporation is authorized to issue, fill in the
following:
The total presently authorized is:
- --------------------------------------------------------------------------------
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- --------------------------------------------------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- --------------------------------------------------------------------------------
Common: Common:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Preferred: Preferred:
- --------------------------------------------------------------------------------
Change the total authorized to:
- --------------------------------------------------------------------------------
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- --------------------------------------------------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- --------------------------------------------------------------------------------
Common: Common:
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
Preferred: Preferred:
- --------------------------------------------------------------------------------
10
FEDERAL IDENTIFICATION
NO. 04-2734036
-------------------
THE COMMONWEALTH OF MASSACHUSETTS
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
One Ashburton Place, Boston, Massachusetts 02108-1512
ARTICLES OF AMENDMENT
(GENERAL LAWS, CHAPTER 156B, SECTION 72)
We, Frederick J. Lizza, *President
-------------------------------------------------------------------
and Anne Marie Monk, *Clerk of
-------------------------------------------------------------------
of Software 2000, Inc. ,
----------------------------------------------------------------------------
(Exact name of corporation)
located at 25 Communications Way, Drawer 6000, Hyannis, MA 02601 ,
---------------------------------------------------------------------
(Street address of corporation in Massachusetts)
certify that these Articles of Amendment affecting articles numbered:
One (1)
- --------------------------------------------------------------------------------
(Number those articles 1, 2, 3, 4, 5 and/or 6 being amended)
of the Articles of Organization were duly adopted at a meeting held on
February 14, 1997, by vote of:
- ------------------
10,637,652 shares of Common Stock of 10,802,091 shares outstanding,
- ------------ ----------------- --------------
(type, class & series if any)
shares of of shares outstanding, and
- ------------ ----------------- -------------
(type, class & series if any)
shares of of shares outstanding,
- ------------ ----------------- --------------
(type, class & series if any)
1** being at least a majority of each type, class or series outstanding and
entitled to vote thereon:/
Voted: That the name by which the corporation shall be known is
hereby changed to: Infinium Software, Inc.
*Delete the inapplicable words. **Delete the inapplicable clause.
1 For amendments adopted pursuant to Chapter 156B, Section 70.
2 For amendments adopted pursuant to Chapter 156B, Section 71.
Note: If the space provided under any article or item on this form is
insufficient, additions shall be set forth on one side only of separate 8 1/2 x
11 sheets of paper with a left margin of at least 1 inch. Additions to more
than one article may be made on a single sheet so long as each article
requiring each addition is clearly indicated.
11
FORM CD-74-10M-10-79-152328
EXHIBIT A
---------
The Commonwealth of Massachusetts
- ----------
Examiner WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth FEDERAL IDENTIFICATION
ONE ASHBURTON PLACE, BOSTON, MASS 02108 NO. 04-2734036
-------------------
RESTATED ARTICLES OF ORGANIZATION
GENERAL LAWS, CHAPTER 156B, SECTION 74
This certificate must be submitted to the Secretary of the Commonwealth
within sixty days after the date of the vote of stockholders adopting the
restated articles of organization. The fee for filing this certificate is
prescribed by General Laws, Chapter 156B, Section 114. Make check payable to the
Commonwealth of Massachusetts.
--------------
We, Robert A. Pemberton , President and
Anne Marie Monk , Assistant Clerk of
SOFTWARE 2000, INC.
- --------------------------------------------------------------------------------
(Name of Corporation)
located at 25 Communications Way, Drawer 6000, Hyannis, MA 02601
---------------------------------------------------------------------
do hereby certify that the following restatement of the articles of organization
of the corporation was duly adopted at a meeting held October 20, 1995, by vote
of 4,524,540 shares of Common Stock out of 5,899,194 shares outstanding,
--------- -------------- ---------
(Class of Stock)
shares of out of shares outstanding, and
--------- -------------- -------
(Class of Stock)
shares of out of shares outstanding,
--------- -------------- -------
(Class of Stock)
being at least two-thirds of each class of stock outstanding and entitled to
vote and of each class or series of stock adversely affected thereby.
1. The name by which the corporation shall be known is:
SOFTWARE 2000, INC.
2. The purposes for which the corporation is formed are as follows:
To develop and market computer software for financial management, human
resource management and manufacturing control and to conduct the computer
software business generally, and to do any and all acts and things
permitted to be done by business corporations under the provisions of
Chapter 156B, as amended, of the General Business Laws of Massachusetts.
8
- ------
P.C.
Note: If the space provided under any article or item on this form is
insufficient, additions shall be set forth on separate 8 1/2 x 11 sheets of
paper with a left margin of at least 1 inch for binding. Additions to more than
one article may be continued on a single sheet so long as each article requiring
each addition is clearly indicated.
12
3. The total number of shares and the par value, if any, of each class of
stock which the corporation is authorized to issue is as follows:
WITHOUT PAR VALUE WITH PAR VALUE
------------------------------------ -----------------------------
CLASS OF STOCK NUMBER OF SHARES NUMBER OF SHARES PAR VALUE
-------------- ---------------- ---------------- ---------
Preferred 1,000,000 $.01
Common 40,000,000 $.01
*4. If more than one class is authorized, a description of each of the
different classes of stock with, if any, the preferences, voting powers,
qualifications, special or relative rights or privileges as to each class
thereof and any series now established:
Please see ATTACHMENT 4 on continuation sheets and incorporated herein by
reference. ------------
*5. The restrictions, if any, imposed by the articles of organization upon the
transfer of shares of stock of any class are as follows:
None
*6. Other lawful provisions, if any, for the conduct and regulation of the
business and affairs of the corporation, for its voluntary dissolution, or
for limiting, defining, or regulating the powers of the corporation, or of
its directors or stockholders, or of any class of stockholders:
Please see ATTACHMENT 6 on continuation sheets and incorporated by
reference. ------------
*If there are no such provisions, state "None".
13
ATTACHMENT 4
------------
ARTICLE 4
---------
The total number of shares of all classes of stock which the Corporation
shall have authority to issue is 41,000,000 shares, consisting of the following
classes of stock: (A) 40,000,000 shares of Common Stock, $.01 par value per
share (the "Common Stock"), and (B) 1,000,000 shares of Preferred Stock, $.01
par value per share (the "Preferred Stock").
The designations, powers, preferences and relative, participating, optional
or other special rights, and the qualifications, limitations and restrictions
thereof in respect of each class of authorized capital stock of the Corporation
are as follows:
A. COMMON STOCK
------------
1. After the requirements with respect to preferential dividends on the
Preferred Stock, if any, shall have been met and after the Corporation shall
have complied with all the requirements, if any, with respect to the setting
aside of sums as sinking funds or redemption or purchase accounts, then and not
otherwise the holders of Common Stock shall be entitled to receive such
dividends as may be declared from time to time by the Board of Directors.
2. After distribution in full of the preferential amount to be distributed
to the holders of Preferred Stock in the event of voluntary or involuntary
liquidation, distribution or sale of assets, dissolution or winding up of the
Corporation, the holders of the Common Stock shall be entitled to receive all
the remaining assets of the Corporation, tangible or intangible, of whatever
kind available for distribution to the stockholders ratably in proportion to the
number of shares of Common Stock held by them respectively.
3. Except as may otherwise be required by law or the provisions of these
Articles, or by the Board of Directors pursuant to authority granted in these
Articles, each holder of Common Stock shall have one vote in respect of each
share of stock held by him in all matters voted upon by the stockholders.
B. UNDESIGNATED PREFERRED STOCK
----------------------------
Up to 1,000,000 shares of Preferred Stock may be issued in one or more
series at such time or times and for such consideration or considerations as the
Board of Directors may determine. Each series shall be so designated as to
distinguish the shares thereof from the shares of all other series and classes.
Except as to the relative preferences, powers, qualifications, rights and
privileges referred to below, in respect of any or all of which there may be
variations between different series, all shares of Preferred Stock shall be
identical. Different series of Preferred Stock shall not be construed to
constitute different classes of shares for the purpose of voting by classes.
The Board of Directors is expressly authorized, subject to the limitations
prescribed by law and the provisions of these Articles of Organization, to
provide by adopting a vote or votes, a certificate of which shall be filed in
accordance with the Business Corporation Law of the Commonwealth of
Massachusetts, for the issuance of the Preferred Stock in one or more series,
each with such designations, preferences, voting powers, qualifications, special
or relative rights and privileges as shall be stated in the vote or votes
creating such series. The authority of the Board of Directors with respect to
each such series shall include without limitation of the foregoing the right to
determine and fix:
(1) The distinctive designation of such series and the number of shares to
constitute such series;
CONTINUATION SHEET 4.1
14
ATTACHMENT 4 CONT.
(2) The rate at which dividends on the shares of such series shall be
declared and paid, or set aside for payment, whether dividends at the rate so
determined shall be cumulative, and whether the shares of such series shall be
entitled to any participating or other dividends in addition to dividends at the
rate so determined, and if so on what terms;
(3) The right, if any, of the Corporation to redeem shares of the
particular series and, if redeemable, the price, terms and manner of such
redemption;
(4) The special and relative rights and preferences, if any, and the amount
or amounts per share, which the shares of such series shall be entitled to
receive upon any voluntary or involuntary liquidation, dissolution or winding up
of the Corporation;
(5) The terms and conditions, if any, upon which shares of such series
shall be convertible into, or exchangeable for, shares of stock of any other
class or classes, including the price or prices or the rate or rates of
conversion or exchange and the terms of adjustment, if any;
(6) The obligation, if any, of the Corporation to retire or purchase shares
of such series pursuant to a sinking fund or fund of a similar nature or
otherwise, and the terms and conditions of such obligation;
(7) Voting rights, if any;
(8) Limitations, if any, on the issuance of additional shares of such
series or any shares of any other series of Preferred Stock; and
(9) Such other preferences, powers, qualifications, special or relative
rights and privileges thereof as the Board of Directors may deem advisable and
are not inconsistent with law and the provisions of these Articles.
CONTINUATION SHEET 4.2
15
ATTACHMENT 6
ARTICLE 6
---------
Other lawful provisions, if any, for the conduct and regulation of business and
affairs of the Corporation, for its voluntary dissolution, or for limiting,
defining, or regulating the powers of the Corporation, or of its directors or
stockholders, or of any class of stockholders:
PART A. CLASSIFICATION OF BOARD OF DIRECTORS
------------------------------------
This Article 6, Part A shall be effective only from and after the
closing of the Corporation's initial public offering of shares of Common Stock
pursuant to the Securities Act of 1933, as amended (the "Public Offering
Date").
The number of directors of the Corporation shall be determined in the
manner provided in the by-laws.
In accordance with paragraph (a) of Section 50A of the Massachusetts
Business Corporation Law, commencing with the Public Offering Date, the
directors of the Corporation shall be divided by the Board of Directors into
three classes as nearly equal in number as possible, labeled Class I Directors,
Class II Directors and Class III Directors; the term of office of Class I
Directors to continue until the first annual meeting following the Public
Offering Date and until their successors are duly elected and qualified; the
term of office of Class II Directors to continue until the second annual meeting
following the Public Offering Date and until their successors are duly elected
and qualified; and the term of office of Class III Directors to continue until
the third annual meeting following the Public Offering Date and until their
successors are duly elected. At each annual meeting of the Corporation, the
successors to the class of directors whose term expires at that meeting shall be
elected to hold office for a term continuing until the annual meeting held in
the third year following the year of election and until their successors are
duly elected and qualified.
If the authorized number of directors is changed, any increase or decrease
shall be apportioned among the classes so as to maintain the number of directors
in each class as nearly equal as possible. No decrease in the number of
directors constituting the Board of Directors shall shorten the term of an
incumbent director.
Except as otherwise required by law or by these Articles of Organization,
any vacancy in the Board of Directors shall be filled by a majority of the
directors then in office, even if less than a quorum, or by a sole remaining
director. Any director elected to fill a vacancy shall hold office for a term
expiring at the annual meeting of stockholders at which the term of office of
the class to which he or she has been elected expires.
Any director elected by the stockholders, or by the Board of Directors to
fill a vacancy, may be removed only for cause, after reasonable notice and
opportunity to be heard before the annual meeting of stockholders at which his
or her removal is considered and by the affirmative vote of the holders of at
least eighty percent (80%) of the combined voting power of the shares of capital
stock of the Corporation outstanding and entitled to vote for the election of
directors.
For purposes of the foregoing paragraph, "cause," with respect to the
removal of any director, shall mean only (1) conviction of a felony, (2)
declaration of unsound mind by order of court, (3) gross dereliction of duty,
(4) commission of an action involving moral turpitude, or (5) knowing violation
of law if such action in either event results in improper substantial personal
benefit and a material injury to the Corporation.
CONTINUATION SHEET 6.1
16
ATTACHMENT 6 CONT.
Notwithstanding any other provision of these Second Restated Articles of
Organization, or any provision of law which might otherwise permit a lesser vote
or no vote, the affirmative vote of the holders of at least eighty percent (80%)
of the combined voting power of the shares of capital stock of the Corporation
outstanding and entitled to vote for the election of directors shall be required
to alter, amend or repeal this Article 6, Part A.
PART B. MISCELLANEOUS
-------------
The Corporation eliminates the personal liability of each director to the
Corporation or its stockholders for monetary damages for breach of fiduciary
duty as a director notwithstanding any provision of law imposing such liability;
provided, however, that, to the extent provided by applicable law, this
provision shall not eliminate or limit the liability of a director (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 61 or 62 or
successor provisions of the Massachusetts Business Corporation Law, or (iv) for
any transaction from which the director derived an improper personal benefit.
This provision shall not eliminate or limit the liability of a director of the
Corporation for any act or omission occurring prior to the date on which this
provision becomes effective. No amendment to or repeal of this provision shall
apply to or have any effect on the liability or alleged liability of any
director for or with respect to any acts or omissions of such director occurring
prior to such amendment or repeal.
Meetings of the stockholders of the Corporation may be held anywhere in the
United States.
The directors of the Corporation may make, amend or repeal the by-laws in
whole or in part, except with respect to any provision thereof which by law or
the by-laws requires action by the stockholders.
The whole or any part of the authorized but unissued shares of capital
stock of the corporation may be issued at any time or from time to time by the
Board of Directors without further action by the stockholders.
The Corporation may become a partner in any business.
The Corporation, by vote of a majority of the stock outstanding and
entitled to vote thereon (or if there are two or more classes of stock entitled
to vote as separate classes, then by vote of a majority of each such class of
stock outstanding) may (i) authorize any amendment to its Second Restated
Articles of Organization, (ii) authorize the sale, lease or exchange of all or
substantially all of the Corporation's property and assets, including its
goodwill and (iii) approve a merger or consolidation of the Corporation with or
into any other corporation, provided that such amendment, sale, lease, exchange,
merger or consolidation shall have been previously approved by the Board of
Directors.
CONTINUATION SHEET 6.2
17
*We further certify that the foregoing restated articles of organization
effect no amendments to the articles of organization of the corporation as
heretofore amended, except amendments to the following articles 2, 3, 4 and 6.
(*If there are no such amendments, state "None".)
BRIEFLY DESCRIBE AMENDMENTS IN SPACE BELOW:
ARTICLE 2: Restate purpose clause.
ARTICLE 3: Increase the number of authorized shares of Common Stock to
40,000,000 shares and authorize 1,000,000 shares of Preferred
Stock.
ARTICLE 4: Restate Article 4 in its entirety.
ARTICLE 6: Restate Article 6 in its entirety.
IN WITNESS WHEREOF AND UNDER THE PENALTIES OF PERJURY, we have hereto
signed our names this 13th day of November in the year 1995
Robert A. Pemberton President
- ------------------------------------------------------------
Anne Marie Monk Assistant Clerk
- ------------------------------------------------------------
18
THE COMMONWEALTH OF MASSACHUSETTS
RESTATED ARTICLES OF ORGANIZATION
(GENERAL LAWS, CHAPTER 156B, SECTION 74)
=======================================================================
I hereby approve the within Restated Articles of Organization
and, the filing fee in the amount of $31,500.00 having been paid, said
articles are deemed to have been filed with me this 13th day of
November, 1995.
Effective Date: _______________________________________________________
/s/ William Francis Galvin
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
TO BE FILLED IN BY CORPORATION
PHOTOCOPY OF DOCUMENT TO BE SENT TO:
Roy D. Edelstein, Esquire
--------------------------------------
Testa, Huruitz & Thibeault
--------------------------------------
125 High Street
--------------------------------------
High Street Tower
--------------------------------------
Boston, MA 02110
--------------------------------------
Telephone (617) 248-7000
--------------------------------------
19
The Commonwealth of Massachusetts
- -------- OFFICE OF THE MASSACHUSETTS SECRETARY OF STATE
Examiner MICHAEL J. CONNOLLY, Secretary
ONE ASHBURTON PLACE, BOSTON, MASSACHUSETTS 02108
FEDERAL IDENTIFICATION
ARTICLES OF AMENDMENT NO. 04-2734036
GENERAL LAWS, CHAPTER 156B, SECTION 72 -------------------
We Robert A. Pemberton President and
Anne Marie Monk Assistant Clerk of
SOFTWARE 2000, INC.
----------------------------------------------------------------------
(EXACT Name of Corporation)
located at: 25 Communications Way, Post Office Drawer 6000,
Hyannis, Massachusetts 02601
----------------------------------------------------------
(MASSACHUSETTS Address of Corporation)
do hereby certify that these ARTICLES OF AMENDMENT affecting Articles
NUMBERED: - 3 -
------------------------------------------------------------
(Number those articles 1, 2, 3, 4, 5 and/or 6 being amended hereby)
- -------- of the Articles of Organization were duly adopted at a meeting held on
Name August 3 1995, by vote of:
Approved -------------
2,252,590 shares of common stock out of 2,948,617 shares outstanding,
--------- ------------ ---------
type, class & series, (if any)
shares of out of shares outstanding, and
------- ------------ ---------
type, class & series, (if any)
shares of out of shares outstanding,
--------- ------------ ---------
type, class & series, (if any)
CROSS OUT being at least a majority of each type, class or series
INAPPLI- outstanding and entitle to vote
CABLE thereon: 1
CLAUSE
C [ ]
P [ ]
M [ ] 1 For amendments adopted pursuant to Chapter 156B, Section 70.
R.A. [ ] 2 For amendments adopted pursuant to Chapter 156B, Section 71.
Note: If the space provided under any Amendment or item on this form
is insufficient, additions shall be set forth on separate 8 1/2 x 11
sheets of paper leaving a left-hand margin of at least 1 inch for
binding. Additions to more than one Amendment may be continued on a
single sheet so long as each Amendment requiring each addition is
- -------- clearly indicated.
P.C.
20
To CHANGE the number of shares and the par value (if any) of any type, class or
series of stock which the corporation is authorized to issue, fill in the
following:
The total presently authorized is:
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- ------------------------------------- -----------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- ------------------------------------- -----------------------------------------
COMMON COMMON 5,000,000 $.01
- ------------------------------------- -----------------------------------------
- ------------------------------------- -----------------------------------------
PREFERRED PREFERRED
- ------------------------------------- -----------------------------------------
- ------------------------------------- -----------------------------------------
CHANGE the total authorized to:
WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS
- ------------------------------------- -----------------------------------------
TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE
- ------------------------------------- -----------------------------------------
COMMON COMMON 10,000,000 $.01
- ------------------------------------- -----------------------------------------
- ------------------------------------- -----------------------------------------
PREFERRED PREFERRED
- ------------------------------------- -----------------------------------------
- ------------------------------------- -----------------------------------------
21
The foregoing amendment will become effective when these articles of amendment
are filed in accordance with Chapter 156B, Section 6 of The General Laws unless
these articles specify, in accordance with the vote adopting the amendment, a
later effective date not more than thirty days after such filing, in which event
the amendment will become effective on such later date. LATER EFFECTIVE
DATE:_________________________________
IN WITNESS WHEREOF AND UNDER THE PENALTIES OF PERJURY, we have hereunto signed
our names this 9th day of August, in the year 1995.
Robert A. Pemberton President
- --------------------------------------------------------
Anne Marie Monk Assistant Clerk
- --------------------------------------------------------
22
THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
GENERAL LAWS, CHAPTER 156B, SECTION 72
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
I hereby approve the within articles of amendment and, the filing fee in
the amount of $5,000.00 having been paid, said articles are deemed to have been
filed with me this 14th day of August, 1995.
/s/ William Francis Galvin
WILLIAM FRANCIS GALVIN
Secretary of the Commonwealth
TO BE FILLED IN BY CORPORATION
PHOTOCOPY OF ARTICLES OF AMENDMENT TO BE SENT
TO: Anne Marie Monk, Esq.
----------------------------------------
Software 2000, Inc.
----------------------------------------
25 Communications Way
----------------------------------------
Post Office Drawer 6000
----------------------------------------
Hyannis, MA 02601
----------------------------------------
Telephone: 508-778-2000
----------------------------------------
23
THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
(General Laws, Chapter 156B, Section 72)
I hereby approve the within articles of amendment and, the filing fee
in the amount of $2,200.00 having been paid, said articles are deemed to
have been filed with me this 31st day of August, 1988.
/s/ Michael Joseph Connolly
MICHAEL JOSEPH CONNOLLY
Secretary of State
TO BE FILLED IN BY CORPORATION
PHOTO COPY OF AMENDMENT TO BE SENT
TO: Anne W. Plimpton, Esquire
-------------------------------------
Csaplar & Bok
-------------------------------------
One Winthrop Square
-------------------------------------
Boston, Massachusetts 02110
-------------------------------------
Telephone: (617) 357-4400, Ext. 270
-------------------------------------
24
The foregoing amendment will become effective when these articles of
amendment are filed in accordance with Chapter 156B, Section 6 of The General
Laws unless these articles specify, in accordance with the vote adopting the
amendment, a later effective date not more than thirty days after such filing,
in which event the amendment will become effective on such later date.
IN WITNESS WHEREOF AND UNDER THE PENALTIES OF PERJURY, we have hereto signed our
names this 25th day of August, in the year 1988.
/s/ Robert A. Pemberton , President
- -----------------------------------------------------------
Robert A. Pemberton
/s/ Patricia C. Pemberton , Clerk
- -----------------------------------------------------------
Patricia C. Pemberton
25
CONTINUATION SHEET 6A
The following additional provisions are hereby established for the
management, conduct and regulation of the business and affairs of this
corporation, and for creating, limiting, defining and regulating the powers of
this corporation and of its directors and stockholders:
(a) The board of directors is authorized and empowered from time to
time, in its discretion, to make, amend or repeal the by-laws, in part or in
whole, except with respect to any provision thereof which by law or the by-laws
requires action by the stockholders.
(b) The board of directors shall have full power and authority to
determine the terms and manner of issue, including, but not limited to, the
consideration therefor, and to issue or cause the issue of all shares of capital
stock of the corporation now or from time to time hereafter authorized and to
establish and designate series of stock, and fix and determine the relative
rights and preferences of any series of stock.
(c) Any corporate action, including without limitation any amendment
to the articles of organization or a vote to sell, lease or exchange of all or
substantially all of the corporation's property and assets, may be taken by vote
of a majority of the shares of each class of stock outstanding and entitled to
vote thereon.
(d) Meetings of stockholders may be held outside The Commonwealth of
Massachusetts at such location within the United States as the board of
directors may determine. The books of this corporation may be kept (subject to
any provision contained in the statutes) at such place or places within The
Commonwealth of Massachusetts as may be designated from time to time by the
board of directors or in the by-laws of this corporation. Election of directors
need not be by ballot unless so requested by any stockholder entitled to vote
thereon.
(e) No director of the corporation shall be personally liable to the
corporation or its stockholders for monetary damages for breach of fiduciary
duty as a director, notwithstanding any provision of law imposing such
liability; provided, however, that this provision shall not eliminate the
liability of a director, to the extent such liability is imposed by applicable
law, (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) for acts in
violation of Sections 61 or 62 of Chapter 156B or successor provisions of the
Massachusetts General Laws, or (iv) for any transaction from which the director
derived an improper personal benefit.
26
CONTINUATION SHEET 6B
(f) Each person who shall be, or shall have been, a director or
officer of the corporation or who shall serve, or shall have served, at its
request as a director, officer, trustee, employee or agent of another
corporation, or who shall serve at its request in any capacity with respect to
any employee benefit plan, shall be indemnified by the corporation against all
liabilities and expenses, including expenses (including attorneys' fees),
judgments, fines, excise taxes and costs for successfully establishing the right
to indemnification, at any time imposed upon or reasonably incurred by him in
connection with, arising out of or resulting from, any action, suit or
proceeding, civil or criminal, in which he may be involved or with which he may
be threatened by reason of his then serving or theretofore having served as
director, officer, trustee, employee or agent, or by reason of any alleged act
or omission by him in any such capacity, whether or not he shall be serving as
such director, trustee or officer at the time any or all of such liabilities or
expenses shall be imposed upon or incurred by him.
No person shall have any right to indemnification for liabilities or
expenses imposed or incurred in connection with any matter as to which such
person shall be finally adjudged in such action, suit or proceeding not to have
acted in good faith in the reasonable belief that his action was in the best
interests of the corporation or to the extent that such matter relates to
service with respect to an employee benefit plan, in the best interests of the
participants or beneficiaries of such employee benefit plan.
No person shall have any right to indemnification for any amounts paid
by such person in compromise or settlement unless the compromise or settlement
shall be approved as in the best interests of the corporation by a majority of
disinterested directors or stockholders entitled to vote, present or represented
at a meeting called for the purpose.
Each person who has been successful on the merits in respect of any
action, suit or proceeding described in the first paragraph of this Article
6A(f) shall be indemnified as a matter of right. Except as provided in the
preceding paragraph of this Article 6A(f) in respect to approval of expenses or
liabilities in connection with a compromise or settlement, any indemnification
not ordered by a court of competent jurisdiction shall be made by the
corporation only if the board of directors or independent legal counsel retained
by the board determines that such indemnification is permitted under this
Article.
Expenses incurred by a director or officer of the corporation in
defending any threatened, pending or completed civil or criminal action, suit or
proceeding described in the
2
27
CONTINUATION SHEET 6C
first paragraph of this Article 6A(f) shall be paid by the corporation in
advance of the final disposition of such action, suit or proceeding upon receipt
of an undertaking by or on behalf of such person to repay such amount if he
shall ultimately be adjudicated to be not entitled to indemnification under this
Article 6A(f), except that no such advance payment will be required if it is
determined by the board of directors that there is a substantial probability
that such person will not be able to repay the advance payments. Expenses
incurred by other employees and agents in such circumstances may be paid in
advance by the corporation upon such terms and conditions, if any, as the board
of directors deems appropriate.
Each person who shall be or become a director, trustee or officer as
aforesaid shall be deemed to have accepted and to have continued to serve in
such office in reliance upon the indemnity herein provided. The duties of the
corporation to indemnify and to advance expenses to a director or officer as
provided in this Article 6A(f) shall be deemed to constitute an agreement
between the corporation and each such director, or officer, and no amendment of
repeal of any provision of this Article 6A(f) shall alter, to the detriment of
such director or officer the right of such person to indemnification or to the
advancement of expenses related to a claim based on an act or a failure to act
which took place prior to such amendment, repeal or termination.
The corporation may purchase and maintain insurance on behalf of any
person who is or was a director, officer, trustee, employee or other agent of
the corporation, or is or was serving at the request of the corporation as a
director, officer, trustee, employee or other agent of another corporation of
which the corporation is or was a stockholder or creditor or with respect to any
employee benefit plan, against any liability incurred by him in any such
capacity or arising out of his status as such, whether or not the corporation
would have the power to indemnify him against such liability.
These indemnity provisions shall not be exclusive of any other right
which any director, trustee or officer may have or hereafter acquire, whether
under any by-law, vote of stockholders, agreement, judgment, decree, provision
of law, or otherwise; and these indemnity provisions and all other such rights
shall be cumulative.
These indemnity provisions shall be separable, and if any portion
thereof shall be finally adjudged to be invalid, such invalidity shall not
affect any other portion which can be given effect.
(g) No contract or other transaction between the corporation and any
other person, firm or corporation shall in
28
CONTINUATION SHEET 6D
the absence of fraud, in any way be affected or invalidated, nor shall any
director be subject to surcharge with respect to any such contract or
transaction, by the fact that such director, or any firm of which any director
is a member, or any corporation of which any director is a shareholder, officer
or director, is a party to, or may be pecuniarily or otherwise interested in,
such contract or transaction, PROVIDED that the fact that he individually or
such firm or corporation is so interested shall be known to the board of
directors prior to, or shall be disclosed to the board of directors at the
meeting at which, or prior to the directors executing their written consents by
which action to authorize, ratify or approve such contract or transaction shall
be taken. Any director of the corporation may vote upon or give his written
consent to any contract or other transaction between the corporation and any
subsidiary or affiliated corporation without regard to the fact that he is also
a director or officer of such subsidiary or affiliated corporation.
(h) Subject to the provisions of Chapter 156B of the Massachusetts
General Laws, no special rights or duties among the stockholders INTER SE or
between any stockholder and the corporation shall arise by virtue of the number
of stockholders of the corporation, the absence of a ready market for the sale
of its capital stock or the existence of stockholder participation in the
management of the corporation. In furtherance, and not in limitation, of the
foregoing:
1. The corporation may purchase or redeem shares of its
capital stock from any purchaser without offering other
stockholders an equal opportunity to have their shares purchased
or redeemed by the corporation;
2. The status of stockholder of the corporation shall confer
no right to be elected a director of the corporation;
3. Except as otherwise provided by written agreement, the
status of stockholder of the corporation shall confer no right to
be employed by the corporation in any capacity or to receive any
salary from the corporation or, in the event that such employment
should exist or such salary should be paid, the status of
stockholder of the corporation shall confer no right to the
continuation of such employment or salary; and
29
CONTINUATION SHEET 6E
4. The Board of Directors of the corporation shall have full and
absolute discretion to determine whether to declare dividends upon the
capital stock of the corporation from funds legally available therefor
or to refrain from declaring such dividends; the status of stockholder
of the corporation shall confer no right to require that any dividend
be declared.
(i) Each director or officer of the corporation shall, in the
performance of his duties, be fully protected in relying in good faith upon the
books of account of the corporation, reports made to the corporation by and of
its officers or employees or by counsel, accountants, appraisers or other
experts or consultants selected with reasonable care by the directors or
officers of the corporation or upon other records of the corporation.
(j) In furtherance, and not in limitation, of the purposes enumerated
in Article 2 hereof, the corporation shall have all the powers conferred by the
laws of The Commonwealth of Massachusetts General Laws, provided that no such
power shall be exercised in a manner inconsistent with such Ch. 156B or any
other applicable provision of the Massachusetts General Laws.
(k) Except as may be otherwise provided herein, this corporation
reserves the right to amend, alter, change or repeal any provision contained in
these articles of organization in the manner now or hereafter prescribed by
statute, and all rights conferred upon stockholders herein are granted subject
to this reservation.
30
TO CHANGE the number of shares and the par value, if any, of each class of stock
within the corporation fill in the following:
The total presently authorized is:
- --------------------------------------------------------------------------------
NO PAR VALUE WITH PAR VALUE PAR
KIND OF STOCK NUMBER OF SHARES NUMBER OF SHARES VALUE
- --------------------------------------------------------------------------------
COMMON 750,000 $.01
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PREFERRED
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
CHANGE the total to:
- --------------------------------------------------------------------------------
NO PAR VALUE WITH PAR VALUE PAR
KIND OF STOCK NUMBER OF SHARES NUMBER OF SHARES VALUE
- --------------------------------------------------------------------------------
COMMON 5,000,000 $.01
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
PREFERRED
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
31
FORM CD-72-30M-4/86-808881 FEDERAL IDENTIFICATION
NO. 04-2730436
-------------------
The Commonwealth of Massachusetts
OFFICE OF THE MASSACHUSETTS SECRETARY OF STATE
MICHAEL JOSEPH CONNOLLY, SECRETARY
ONE ASHBURTON PLACE, BOSTON, MASS 02108
ARTICLES OF AMENDMENT
GENERAL LAWS, CHAPTER 156B, SECTION 72
This certificate must be submitted to the Secretary of the Commonwealth
within sixty days after the date of the vote of stockholders adopting the
amendment. The fee for filing this certificate is prescribed by General Laws,
Chapter 156B, Section 114. Make check payable to the Commonwealth of
Massachusetts.
We, Robert A. Pemberton , President and
Patricia C. Pemberton , Clerk of
SOFTWARE 2000, INC.
- --------------------------------------------------------------------------------
(Name of Corporation)
located at One Park Center, Independence Park, Hyannis, Massachusetts 02601
---------------------------------------------------------------------
do hereby certify that the following amendment to the articles of organization
of the corporation was duly adopted by unanimous action dated August 23, 1988,
by unanimous action of:
of 527,950 shares of Common Stock out of 527,950 shares outstanding,
--------- -------------- ---------
(Class of Stock)
shares of out of shares outstanding, and
--------- -------------- -------
(Class of Stock)
shares of out of shares outstanding,
--------- -------------- -------
(Class of Stock)
CROSS OUT being all of each class outstanding and entitled to vote thereon
INAPPLI- and of each class or series of stock whose rights are adversely
CABLE affected thereby:(1)
CLAUSE
Article 6 is hereby amended to read in its entirety as set forth on
continuation sheets 6A through 6D attached hereto and incorporated herein
by reference.
(1) For amendment adopted pursuant to Chapter 156B, Section 70.
(2) For amendment adopted pursuant to Chapter 156B, Section 71.
Note: If the space provided under any article or item on this form is
insufficient, additions shall be set forth on one side only of separate 8 1/2 x
11 sheets of paper with a left margin of at least 1 inch. Additions to more
than one article may be made on a single sheet so long as each article
requiring each addition is clearly indicated.
32
FORM CD:74-10M-10-79-152328 FEDERAL IDENTIFICATION
NO. 04-2734036
-------------------
The Commonwealth of Massachusetts
MICHAEL JOSEPH CONNOLLY
Secretary of State
ONE ASHBURTON PLACE, BOSTON, MASS 02108
RESTATED ARTICLES OF ORGANIZATION
GENERAL LAWS, CHAPTER 156B, SECTION 74
This certificate must be submitted to the Secretary of the Commonwealth
within sixty days after the date of the vote of stockholders adopting the
restated articles of organization. The fee for filing this certificate is
prescribed by General Laws, Chapter 156B, Section 114. Make check payable to the
Commonwealth of Massachusetts.
--------------
We, Robert A. Pemberton , President and
Anne Marie Monk , Clerk of
SOFTWARE 2000, INC.
- --------------------------------------------------------------------------------
(Name of Corporation)
located at 64 Enterprise Road, Hyannis, MA 02601
---------------------------------------------------------------------
do hereby certify that the following restatement of the articles of
organization of the corporation was duly adopted at a meeting held on May 31,
1984, by vote of:
of 200 shares of common stock out of 2000 shares outstanding,
--------- -------------- ---------
(Class of Stock)
shares of out of shares outstanding, and
--------- -------------- -------
(Class of Stock)
shares of out of shares outstanding,
--------- -------------- -------
(Class of Stock)
being at least two-thirds of each class of stock outstanding and entitled to
vote and of each class or series of stock adversley affected thereby:-
1. The name by which the corporation shall be known is:-
SOFTWARE 2000, Inc.
2. The purposes for which the corporation is formed are as follows:-
To produce and market computer software for accounting and manufacturing
control and to conduct the computer software business generally.
SEE CONTINUATION SEET 2A
Note: If the space provided under any article or item on this form is
insufficient, additions shall be set forth on one side only of separate 8 1/2 x
11 sheets of paper with a left margin of at least 1 inch. Additions to more
than one article may be made on a single sheet so long as each article
requiring each addition is clearly indicated.
33
3. The total number of shares and the par value, if any, of each class of
stock which the corporation is authorized to issue is as follows:
WITHOUT PAR VALUE WITH PAR VALUE
----------------- -----------------------------
CLASS OF STOCK NUMBER OF SHARES NUMBER OF SHARES PAR VALUE
- -------------- ---------------- ---------------- ---------
Preferred
Common 750,000 $.01 per share
*4. If more than one class is authorized, a description of each of the
different classes of stock with, if any, the preferences, voting powers,
qualifications, special or relative rights or privileges as to each class
thereof and any series now established:
NONE
*5. The restrictions, if any, imposed by the articles of organization upon the
transfer of shares of stock of any class are as follows:
NONE
*6. Other lawful provisions, if any, for the conduct and regulation of the
business and affairs of the corporation, for its voluntary dissolution, or
for limiting, defining, or regulating the powers of the corporation, or of
its directors or stockholders, or of any class of stockholders:
SEE CONTINUATION SHEET 6A
"If there are no such provisions, state "None".
34
CONTINUATION SHEET 2A
To purchase or otherwise acquire, invest in, and to hold, own, use,
lease (as lessor or lessee), license (as licensor or licensee), mortgage,
pledge, import, export, sell, convey, assign, exchange, transfer or otherwise
dispose of, trade, deal in and with, or to act as agent, factor, jobber, broker,
consignee or distributor in connection with the sale, delivery or distribution
of, machinery, appliances, goods, wares, articles, commodities, merchandise and
personal property, or any right or interest therein of every class and
description wheresoever situated, and, in general, to carry on a general
mercantile and trading business, without restriction as to class or products or
merchandise, in all parts of the world.
To be a partner or joint venturer in any business enterprise or
venture which, under law or these Articles of Organization, the corporation
could conduct by itself, and to conduct such business enterprise as a partner or
joint venturer, including the power to form, operate and dissolve such
partnerships and joint ventures.
To acquire by purchase, lease, exchange or otherwise, the whole or any
part of the good will, patents, business, trade names, rights, licenses, and
property of any person or persons, firm, association or corporation heretofore
or hereafter engaged in any of those businesses or any similar business or
businesses which this corporation is authorized to carry on, and pay for the
same in cash or in stock or other securities of this corporation or otherwise,
and hold and in any manner dispose of the whole or any part of the property so
acquired, and to conduct in any lawful manner the whole or any part of the
business or businesses so acquired.
To enter into, make and perform contracts of every kind and
description with any person, firm or association, corporation, municipality,
county, state, body politic or government or colony or dependency thereof.
To borrow money, to issue notes, bonds or other obligations, secured
or unsecured, of the corporation for any purpose for which it is incorporated,
to undertake, assume or guarantee the obligations or liabilities of others,
whether or not controlling, controlled by or under common control with this
corporation, and to mortgage, pledge or otherwise encumber any and all of its
real or personal property for the benefit of others, whether or not controlling,
controlled by or under common control with this corporation, all the foregoing
as determined by this corporation to be in furtherance of its business purposes.
To purchase or otherwise receive, hold, sell and otherwise deal in or
with all or any part of the capital stock,
35
CONTINUATION SHEET 2B
stock of any class, bonds, notes, debentures, mortgages or other securities of
any corporation, including this corporation, association, government, state,
municipality or other organization, or any individual, trust or partnership.
To do, exercise and perform any and every act, thing or power
necessary, suitable or desirable for the accomplishment of any of the purposes,
the attainment of any of the objects or the furtherance of any of the powers
which are hereinbefore set forth or which are lawful purposes, objects or powers
of a corporation organized under Ch. 156B of the Massachusetts General Laws,
either alone or in conjunction with other corporations, firms, associations,
entities or individuals and either as principal or agent; and to do every other
act or acts or thing or things incidental or appurtenant to or growing out of or
in connection with the aforesaid objects, purposes or powers or any of them,
which a corporation organized under Ch. 156B of the Massachusetts General Laws
is not now or hereafter prohibited from doing, exercising or performing.
The foregoing clauses are to be construed both as purposes and powers,
and it is hereby expressly provided that the enumeration herein of specific
purposes and powers shall not be held to limit or restrict in any manner the
exercise and enjoyment of all the general purposes and powers of business
corporations organized under Ch. 156B of the Massachusetts General Laws.
2
36
CONTINUATION SHEET 6A
The following additional provisions are hereby established for the
management, conduct and regulation of the business and affairs of this
corporation, and for creating, limiting, defining and regulating the powers of
this corporation and of its directors and stockholders:
(a) The board of directors is authorized and empowered from time to
time, in its discretion, to make, amend or repeal the by-laws, in part or in
whole, except with respect to any provision thereof which by law or the by-laws
requires action by the stockholders.
(b) The board of directors shall have full power and authority to
determine the terms and manner of issue, including, but not limited to, the
consideration therefor, and to issue or cause the issue of all shares of capita]
stock of the corporation now or from time to time hereafter authorized and to
establish and designate series of stock, and fix and determine the relative
rights and preferences of any series of stock.
(c) Any corporate action, including without limitation any amendment
to the articles of organization or a vote to sell, lease or exchange of all or
substantially all of the corporation's property and assets, may be taken by vote
of a majority of the shares of each class of stock outstanding and entitled to
vote thereon.
(d) Meetings of stockholders may be held outside The Commonwealth of
Massachusetts at such location within the United States as the board of
directors may determine. The books of this corporation may be kept (subject to
any provision contained in the statutes) at such place or places within The
Commonwealth of Massachusetts as may be designated from time to time by the
board of directors or in the by-laws of this corporation. Election of directors
need not be by ballot unless so requested by any stockholder entitled to vote
thereon.
(e) Each person who shall be, or shall have been, a director or
officer of the corporation or who shall serve, or shall have served, at its
request as a director or officer of another corporation, or as a trustee or
officer of an association or trust, in which the corporation owns stock or
shares, or of which the corporation is a creditor, shall be indemnified by the
corporation against all liabilities and expenses at any time imposed upon or
reasonably incurred by him in connection with, arising out of or resulting from,
any action, suit or proceeding, civil or criminal, in which he may be involved
or with which he may be threatened by reason of his then serving or theretofore
having served as director, trustee or officer, or by reason of any alleged act
or omission by him in any such capacity, whether or not he shall be serving as
3
37
CONTINUATION SHEET 6B
such director, trustee or officer at the time any or all of such liabilities or
expenses shall be imposed upon or incurred by him.
The matters covered by the foregoing indemnity shall include any
amounts paid by any such person in compromise or settlement if such compromise
or settlement shall be approved as in the best interests of the corporation by
resolution of disinterested stockholders holding a majority of the shares of
stock entitled to vote, present or represented at a meeting called for the
purpose; but such matters shall not include liabilities or expenses imposed or
incurred in connection with any matters as to which such person shall be finally
adjudged in such action, suit or proceeding not to have acted in good faith in
the reasonable belief that his action was in the best interests of the
corporation. Such indemnification may include payment by the corporation of
expenses incurred in defending any such action, suit or proceeding in advance of
the final disposition thereof, upon receipt of an undertaking by the person
indemnified to repay such payment if he shall be adjudicated to be not entitled
to indemnification under this Article.
Each person who shall be or become a director, trustee or officer as
aforesaid shall be deemed to have accepted and to have continued to serve in
such office in reliance upon the indemnity herein provided. These indemnity
provisions shall be separable, and if any portion thereof shall be finally
adjudged to be invalid, such invalidity shall not affect any other portion which
can be given effect. These indemnity provisions shall not be exclusive of any
other right which any director, trustee or officer may have or hereafter
acquire, whether under any by-law, vote of stockholders, agreement, judgment,
decree, provision of law, or otherwise; and these indemnity provisions and all
other such rights shall be cumulative.
The board of directors may purchase and maintain insurance on behalf
of any person who is or was a director, officer, trustee, employee or other
agent of the corporation, or is or was serving at the request of the corporation
as a director, officer, trustee, employee or other agent of another corporation
of which the corporation is or was a stockholder or creditor, against any
liability incurred by him in any such capacity or arising out of his status as
such, whether or not the corporation would have the power to indemnify him
against such liability.
(f) No contract or other transaction between the corporation and any
other person, firm or corporation shall, in the absence of fraud, in any way be
affected or invalidated, nor shall any director be subject to surcharge with
respect to any such contract or transaction, by the fact that such
4
38
CONTINUATION SHEET 6C
director, or any firm of which any director is a member, or any corporation of
which any director is a shareholder, officer or director, is a party to, or may
be pecuniarily or otherwise interested in, such contract or transaction,
PROVIDED that the fact that he individually or such firm or corporation is so
interested shall be known to the board of directors prior to, or shall be
disclosed to the board of directors at the meeting at which, or prior to the
directors executing their written consents by which action to authorize, ratify
or approve such contract or transaction shall be taken. Any director of the
corporation may vote upon or give his written consent to any contract or other
transaction between the corporation and any subsidiary or affiliated corporation
without regard to the fact that he is also a director or officer of such
subsidiary or affiliated corporation.
(g) Subject to the provisions of Chapter 156B of the Massachusetts
General Laws, no special rights or duties among the stockholders INTER SE or
between any stockholder and the corporation shall arise by virtue of the number
of stockholders of the corporation, the absence of a ready market for the sale
of its capital stock or the existence of stockholder participation in the
management of the corporation. In furtherance, and not in limitation, of the
foregoing:
1. The corporation may purchase or redeem shares of its capital
stock from any purchaser without offering other stockholders an equal
opportunity to have their shares purchased or redeemed by the
corporation;
2. The status of stockholder of the corporation shall confer no
right to be elected a director of the corporation;
3. Except as otherwise provided by written agreement, the status
of stockholder of the corporation shall confer no right to be employed
by the corporation in any capacity or to receive any salary from the
corporation or, in the event that such employment should exist or such
salary should be paid, the status of stockholder of the corporation
shall confer no right to the continuation of such employment or
salary; and
4. The Board of Directors of the corporation shall have full and
absolute discretion to determine whether to declare dividends upon the
capital stock of the
5
39
CONTINUATION SHEET 6D
corporation from funds legally available therefor or to refrain
from declaring such dividends; the status of stockholder of the
corporation shall confer no right to require that any dividend be
declared.
(h) Each director or officer of the corporation shall, in the
performance of his duties, be fully protected in relying in good faith upon the
books of account of the corporation, reports made to the corporation by and of
its officers or employees or by counsel, accountants, appraisers or other
experts or consultants selected with reasonable care by the directors or
officers of the corporation or upon other records of the corporation.
(i) In furtherance, and not in limitation, of the purposes
enumerated in Article 2 hereof, the corporation shall have all the powers
conferred by the laws of The Commonwealth of Massachusetts General Laws,
PROVIDED that no such power shall be exercised in a manner inconsistent with
such Ch. 156B or any other applicable provision of the Massachusetts General
Laws.
(j) Except as may be otherwise provided herein, this corporation
reserves the right to amend, alter, change or repeal any provision contained in
these articles of organization in the manner now or hereafter prescribed by
statute, and all rights conferred upon stockholders herein are granted subject
to this reservation.
6
40
*We further certify that the foregoing restated articles of organization
effect no amendments to the articles of organization of the corporation as
heretofore amended, except amendments to the following articles
2, 3, 5 and 6
- --------------------------------------------------------------------------------
(*If there are no such amendments, state "None".)
Briefly describe amendment in space below:
Article 2 is expanded to clarify the corporation's purposes.
Article 3 is amended to increase the authorized capital stock from 12,500
shares of common stock without par value to 750,000 shares of common stock with
a par value of $.01 per share.
Article 5 is deleted in its entirety.
Article 6 is expanded and amended.
IN WITNESS WHEREOF AND UNDER THE PENALTIES OF PERJURY, we have hereto signed our
names this 31st day of May in the year 1984.
/s/ Robert A. Pemberton , President
- ------------------------------------------------------
Robert A. Pemberton
/s/ Patricia Pemberton , Clerk
- ------------------------------------------------------
Patricia Pemberton
41
THE COMMONWEALTH OF MASSACHUSETTS
RESTATED ARTICLES OF ORGANIZATION
(GENERAL LAWS, CHAPTER 156B, SECTION 74)
I hereby approve the within restated articles of organization
and, the filing fee in the amount of $625.00 having been paid, said
articles are deemed to have been filed with me this 6th day of June,
1984.
/s/ Michael Joseph Connolly
MICHAEL JOSEPH CONNOLLY
Secretary of State
TO BE FILLED IN BY CORPORATION
PHOTO COPY OF RESTATED ARTICLES OF ORGANIZATION TO BE SENT
TO: Anne G. Plimpton, Esq.
-----------------------------------------------------------
Csaplar & Bok
-----------------------------------------------------------
One Winthrop Square
-----------------------------------------------------------
Boston, MA 02110
-----------------------------------------------------------
Telephone 357-4400
-----------------------------------------------------------
Copy Mailed
42
FORM CD-72 3-72 F.I.D.#: 04-273-4036
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The Commonwealth of Massachusetts
MICHAEL JOSEPH CONNOLLY
Secretary of the Commonwealth
STATE HOUSE, BOSTON, MASS.
02133
ARTICLES OF AMENDMENT
General Laws, Chapter 156B, Section 72
This certificate must be submitted to the Secretary of the Commonwealth
within sixty days after the date of the vote of stockholders adopting the
amendment. The fee for filing this certificate is prescribed by General Laws,
Chapter 156B, Section 114. Make check payable to the Commonwealth of
Massachusetts.
We, Robert A. Pemberton , President and
Patricia Pemberton , Clerk of
MSI SOFTWARE, INC.
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(Name of Corporation)
located at 1046 Main Street, Osterville, MA 02655
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do hereby certify that the following amendment to the articles of organization
of the corporation was duly adopted at a meeting held August 17, 1983, by vote
of 100 shares of no per common out of 100 shares outstanding,
--------- ----------------- -------
(Class of Stock)
shares of out of shares outstanding, and
--------- ----------------- -------
(Class of Stock)
shares of out of shares outstanding,
--------- ----------------- -------
(Class of Stock)
being at least a majority of each class outstanding and entitled to vote
thereon.
CROSS OUT
INAPPLICABLE
CLAUSE
That the name of said corporation be and it is hereby changed from MSI
Software, Inc., to:
SOFTWARE 2000, INC.
1) For amendments adopted pursuant to Chapter 156B, Section 70.
2) For amendments adopted pursuant to Chapter 156B, Section 71.
NOTE Amendments for which the space provided above is not sufficient should be
set out on continuation sheets to be numbered 2A, 2B, etc. Continuation sheets
shall be on 8 1/2" wide by 11" high paper and must have a left-hand margin 1
inch wide for binding. Only one side should be used.
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THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF AMENDMENT
(General Laws, Chapter 156B, Section 72)
I hereby approve the within articles of amendment and, the filing fee in
the amount of $75.00 having been paid, said articles are deemed to have been
filed with me this 8th day of September, 1983.
/s/ Michael Joseph Connolly
---------------------------------
Michael Joseph Connolly
TO BE FILLED IN BY CORPORATION
PHOTO COPY OF AMENDMENT TO BE SENT TO:
Green, McNulty and Hopkins, P.C.
P.O. Box 467
Barnstable, MA 02630
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THE COMMONWEALTH OF MASSACHUSETTS
MICHAEL JOSEPH CONNOLLY
Secretary of State
ONE ASHBURTON PLACE, BOSTON, MASS. 02108
ARTICLES OF ORGANIZATION
(Under G.I. Ch. 156B)
Incorporators
NAME POST OFFICE ADDRESS
---- -------------------
Include given name in full in case of mutual persons; in case of a corporation,
give state of the corporation.
Robert A. Pemberton 1046 Main Street, Osterville, MA 02655
Patricia Pemberton 1046 Main Street, Osterville, MA 02655
The above-named incorporator(s) do hereby associate (themselves) with the
intention of forming a corporation under the provisions of General Laws,
Chapter 156B and hereby state(s):
1. The name by which the corporation shall be known is:
MSI SOFTWARE, INC.
2. The purposes for which the corporation is formed are as follows:
To produce and market computer software for accounting and
manufacturing control, to conduct the computer software business
generally and engage in any business permitted to a small business
corporation organized under Chapter 156B of the General Laws of the
Commonwealth of Massachusetts.
NOTE: If provisions for which the space provided under Articles 2, 4, 5 and 6
is not sufficient, additions should be set out on continuation sheets to be
number 1, 2A, 2B, etc. Indicate under each Article where the provision is set
out. Continuation sheets shall be on 8 1/2" x 11" paper and must have a
left-hand margin 1 inch wide for binding. Only one side should be used.
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3. The total number of shares and the par value, if any, of each class of
stock which the corporation is authorized is as follows:
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WITHOUT PAR VALUE WITH PAR VALUE
----------------- ---------------------------------------------
PAR
CLASS OF STOCK NUMBER OF SHARES NUMBER OF SHARES VALUE AMOUNT
- --------------------------------------------------------------------------------------------
Preferred $
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- --------------------------------------------------------------------------------------------
* Common 12,500
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* The above authorized stock is qualified under section 1244 of the
Internal Revenue Code of 1954 as amended.
*4. If more than one class is authorized, a description of each of the
different classes of stock with, if any, the preferences, voting powers,
qualifications, special or relative rights or privileges as to each class
thereof and any series now established:
NONE
*5. The restrictions, if any, imposed by the Articles of Organization upon the
transfer of shares of stock of any class are as follows:
SEE CONTINUATION SHEET 5A
*6 Other lawful provisions, if any, for the conduct and regulation of the
business and affairs of the corporation, for its voluntary dissolution, or
for limiting, defining, or regulating the powers of the corporation, or of
its directors or stockholders, or of any class of stockholders:
SEE CONTINUATION SHEET 6A
*If there are no provisions state "None".
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Articles of Organization
Continuation Sheet
5A. Any stockholder, including the heirs, assigns, executors or
administrators of a deceased stockholder, desiring to sell or transfer such
stock owned by him or them, shall first offer it to the corporation through the
Board of Directors, in the manner following:
He shall notify the directors of his desire to sell or transfer by notice
in writing, which notice shall contain the price at which he is willing to sell
or transfer and the name of one arbitrator. The directors (elected by the
stockholder other than the one desiring to sell) shall within thirty days
thereafter either accept the offer, or by notice to him in writing name a
second arbitrator, and these two shall name a third. It shall then be the duty
of the arbitrators to ascertain the value of the stock, and if any arbitrator
shall neglect or refuse to appear at any meeting appointed by the arbitrators, a
majority may act in the absence of such arbitrator.
After the acceptance of the offer, or the report of the arbitrators as to
the value of the stock, the said directors shall have thirty days within which
to purchase the same at such valuation, but if at the expiration of thirty
days, the corporation shall not have exercised the right so to purchase, the
owner of the stock shall be at liberty to dispose of the same in any manner he
may see fit.
No shares of stock shall be sold or transferred on the books of the
corporation until these provisions have been complied with, but the Board of
Directors may in any particular instance waive the requirement.
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Articles of Organization
Continuation Sheet
6A. The Board of Directors of the corporation may make, amend, or repeal
the By-Laws of the corporation, in whole or in part, except with respect to any
provision thereof which, by law, the Articles of Organization, or the By-Laws,
require action exclusively by the stockholder entitled to vote thereon; but any
By-Law adopted by the Board of Directors may be amended or repealed by the
stockholders.
All meetings of stockholders of the corporation may be held within the
Commonwealth of Massachusetts or elsewhere within the United States. The place
of such meetings shall be fixed in, or determined in the manner provided in the
By-Laws.
Each director or officer, present or former, of the corporation or of any
other corporation a majority of the stock of which is owned by the corporation,
shall be indemnified by the corporation against all costs and expenses
reasonably incurred by or imposed upon him in connection with or arising out of
any action, suit, or proceeding in which he may be involved by reason of his
being or having been such director or officer, such expenses to include the
costs of reasonable settlements (other than amounts paid to the corporation
itself) made with a view to curtailing costs of litigation. The corporation
shall not, however, indemnify any such director or officer with respect to
matters as to which he shall be finally adjudged in any such action, suit, or
proceeding not to have acted in good faith in the reasonable belief that this
action was in the best interests of the corporation, or in respect of any matter
on which any settlement or compromise is effected if the total expense,
including the cost of such settlement, shall substantially exceed the expense
which might reasonably be incurred by such director or officer in conducting
such litigation to a final conclusion. The foregoing right of indemnification
shall not be exclusive of other rights to which any such director or officer may
be entitled as a matter of law. In determining the reasonableness of any
settlement, the judgment of the Board of Directors shall be final.
No contract or other transaction between this corporation and any other
firm or corporation shall be affected or invalidated by reason of the fact that
any one or more of the directors or officers of this corporation is or are
interested in, or is a member, stockholder, director or officer, or are
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members, stockholders, directors, or officers of such other firm or corporation;
and any director or officer or officers, individually or jointly, may be a
party or parties to, or may be interested in, any contract or transaction of
this corporation or in which this corporation is interested, and no contract,
act, or transaction of this corporation with any person or persons, firm,
association or corporation, shall be affected or invalidated by reason of the
fact that any director or directors or officer or officers of this corporation
is a party or are parties to, or interested in, such contract, act or
transaction, or in any way connected with such person or persons, firm,
association or corporation, and each and every person who may become a director
or officer of this corporation is hereby relieved from any liability that might
otherwise exist from thus contracting with this corporation for the benefit of
himself or any firm, association or corporation which he may be otherwise
interested.
The corporation may be a partner in any business enterprise which it would
have the power to conduct by itself.
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7. By-laws of the corporation have been adopted and the initial directors,
president, treasurer and clerk, whose names are set out below, have been
duly elected.
8. The effective date of organization of the corporation shall be the date of
filing with the Secretary of the Commonwealth or if later date is desired,
specify date, (not more than 30 days after date of filing).
9. The following information shall act for any purpose be treated as a
permanent part of the Articles of Organization of the corporation.
a. The post office address of the initial principal office of the
corporation in Massachusetts is:
1046 Main Street, Osterville, MA 02655
b. The name, residence, and post office address of each of the initial
directors and following officers of the corporation are as follows:
NAME RESIDENCE POST OFFICE ADDRESS
President: Robert A. Pemberton 125 Wianno Avenue, Osterville, MA 02655
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Treasurer: Robert A. Pemberton AS ABOVE
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Clerk: Patricia Pemberton 125 Wianno Avenue, Osterville, MA 02655
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Directors: Robert A. Pemberton 125 Wianno Avenue, Osterville, MA 02655
Patricia Pemberton 125 Wianno Avenue, Osterville, MA 02655
c. The date initially adopted on which the corporation's fiscal year
ends is:
31 August
d. The date initially fixed in the by-laws for the annual meeting of
stockholders of the corporation is:
second Tuesday in October
e. The name and business address of the resident agent, if any, of the
corporation is:
NONE REQUIRED
IN WITNESS WHEREOF and under the penalties of perjury the above-named
INCORPORATOR(S) sign(s) these Articles of Organization this 23rd day of June
1981.
/s/ Robert A. Pemberton
----------------------------------
Robert A. Pemberton
/s/ Patricia Pemberton
----------------------------------
Patricia Pemberton
The signature of each incorporator which is not a natural person must be by an
individual who shall show the capacity in which he acts and by signing shall
represent under the penalties of perjury that he is duly authorized on its
behalf to sign these Articles of Organization.
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THE COMMONWEALTH OF MASSACHUSETTS
ARTICLES OF ORGANIZATION
GENERAL LAWS, CHAPTER 156B, SECTION 12
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- --------------------------------------------------------------------------------
I hereby certify that upon an examination of the within-written articles
of organization, duly submitted to me, it appears that the provisions of the
General Laws relative to the organization of corporations have been complied
with, and I hereby approve said articles; and the filing fee in the amount of
$125.00 having been paid, said articles are deemed to have been filed with me
this 6th day of July 1981.
Effective date
/s/ Michael Joseph Connolly
---------------------------------
Michael Joseph Connolly
Secretary of State
PHOTO COPY OF ARTICLES OF ORGANIZATION TO BE SENT
TO BE FILLED IN BY CORPORATION
TO:
Thomas J. McNulty, Jr. Esquire
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P.O. Box 457
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Barnstable, MA 02630
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Telephone (617) 771-8000
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FILING FEE: 1 20 of 1% of the total amount of the authorized capital stock with
par value, and one cent a share for all authorized shares without par value,
but not less than $125, General Laws, Chapter 156B. Shares of stock with a par
value of less than one dollar shall be deserved to have par value of one dollar
per share.
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The foregoing amendment will become effective when these articles of
amendment are filed in accordance with Chapter 156B, Section 6 of the General
Laws unless these articles specify, in accordance with the vote adopting the
amendment, a later effective date not more than thirty days after such filing,
in which event the amendment will become effective on such later date.
IN WITNESS WHEREOF AND UNDER THE PENALTIES OF PERJURY, we have signed our
names this 17th day of August, in the year 1983.
Robert A. Pemberton /s/ Robert A. Pemberton President
Patricia Pemberton /s/ Patricia Pemberton Clerk