<SEC-DOCUMENT>0000950103-17-001288.txt : 20170210
<SEC-HEADER>0000950103-17-001288.hdr.sgml : 20170210
<ACCEPTANCE-DATETIME>20170210104443
ACCESSION NUMBER:		0000950103-17-001288
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170208
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170210
DATE AS OF CHANGE:		20170210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CSX CORP
		CENTRAL INDEX KEY:			0000277948
		STANDARD INDUSTRIAL CLASSIFICATION:	RAILROADS, LINE-HAUL OPERATING [4011]
		IRS NUMBER:				621051971
		STATE OF INCORPORATION:			VA
		FISCAL YEAR END:			1225

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-08022
		FILM NUMBER:		17590498

	BUSINESS ADDRESS:	
		STREET 1:		500 WATER STREET
		STREET 2:		15TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202
		BUSINESS PHONE:		9043593200

	MAIL ADDRESS:	
		STREET 1:		500 WATER STREET
		STREET 2:		15TH FLOOR
		CITY:			JACKSONVILLE
		STATE:			FL
		ZIP:			32202
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>dp72877_8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549 </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section&nbsp;13 or 15(d)
</B>&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>of the Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Date of Report (Date of earliest event
reported): February 8, 2017</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 24pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>CSX CORPORATION</B></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Exact name
of registrant as specified in its charter)</B></FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>

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<TR>
    <TD STYLE="vertical-align: top; text-align: center; width: 32%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Virginia</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center; width: 37%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>1-08022</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center; width: 28%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>62-1051971</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top"><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>(State
                                    or other jurisdiction</B></FONT></P>
        <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>of
        incorporation)</B></FONT></P></TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>(Commission
    File Number)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top"><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>(I.R.S.
                                    Employer</B>&nbsp;</FONT></P>
        <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>Identification
        No.)</B></FONT></P></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 81%; text-indent: 34pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>500
    Water Street, 15th Floor, Jacksonville, Florida</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: top; width: 17%; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>32202</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-indent: 42pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>(Address
    of&nbsp;principal&nbsp;executive offices)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 9pt"><B>(Zip
    Code)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B>Registrant's telephone number, including
area code: (904)&nbsp;359-3200</B>&nbsp;</P>

<P STYLE="font: 9pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 9pt"><B>(Former name
or former address, if changed since last report.)</B></FONT></P>

<P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%; font-size: 12pt"><FONT STYLE="font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 97%; font-size: 12pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%; font-size: 12pt"><FONT STYLE="font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 97%; font-size: 12pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
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<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%; font-size: 12pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 97%; font-size: 12pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 3%; font-size: 12pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&#9744;</FONT></TD>
    <TD STYLE="width: 97%; font-size: 12pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0in; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>Item&nbsp;5.03
&nbsp;&nbsp;Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.</B></FONT></P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">On February 8, 2017, the Board of Directors of CSX Corporation
(the &ldquo;Company&rdquo;) approved an amendment (the &ldquo;Amendment&rdquo;) to the Company&rsquo;s Amended and Restated Bylaws
(the &ldquo;Bylaws&rdquo;) effective as of February 8, 2017. The Amendment extended the deadline for shareholders to nominate directors
and to propose that other business be considered at the 2017 annual meeting of shareholders of the Company from the close of business
on February 10, 2017 to the close of business on February 24, 2017. Any director nominations or proposals of other business received
by the Company prior to the close of business on February 24, 2017, and otherwise complying with the Bylaws, may be brought before
the Company&rsquo;s 2017 annual meeting of shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The above description is qualified in its entirety by reference
to the Bylaws, which are included as Exhibit 3.1 to this Current Report on Form 8-K and incorporated herein by reference.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Item 9.01. &nbsp;&nbsp;Exhibits. </B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(d) The following exhibit is being filed as part of this report:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

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<TR>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 4%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Amended and Restated Bylaws of CSX Corporation, effective as of February 8, 2017</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

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<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">SIGNATURES</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-transform: uppercase; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CSX CORPORATION</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 49%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 21%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">By:</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/s/ Carolyn T. Sizemore</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Name:</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Carolyn T. Sizemore</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Title:</FONT></TD>
    <TD COLSPAN="2"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Vice President and Controller</FONT></P>
                    <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">(Principal Accounting Officer)</FONT></P></TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">DATE: February 10, 2017</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center"><B><U>Exhibit Index</U></B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<TABLE CELLSPACING="2" CELLPADDING="2" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 23%; text-decoration: underline"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><U>Exhibit Number</U></FONT></TD>
    <TD STYLE="width: 77%; text-decoration: underline; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><U>Title</U></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">3.1&#9;&nbsp;&nbsp;&#9;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Amended and Restated Bylaws of CSX Corporation, effective as of February 8, 2017</FONT></TD></TR>
</TABLE>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<DOCUMENT>
<TYPE>EX-3.1
<SEQUENCE>2
<FILENAME>dp72877_ex0301.htm
<DESCRIPTION>EXHIBIT 3.1
<TEXT>
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<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif"><B>Exhibit 3.1</B></FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center">BYLAWS OF</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center">CSX CORPORATION</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center">(Amended and Restated as of February
8, 2017)</P>

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<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center"><U>ARTICLE I</U></P>

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<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">Shareholders&rsquo;
Meeting</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.05pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
1.</FONT> <U>Annual Meeting</U>. The annual meeting of the shareholders of the Corporation shall be held on such date in March,
April, May or June as the Board of Directors (hereinafter sometimes the &ldquo;Board&rdquo;) may designate, either within or without
the Commonwealth of Virginia.</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
2.</FONT> <U>Special Meetings</U>. Special meetings of the shareholders may be called from time to time by a majority of the Board
of Directors or the Chairman of the Board. Special meetings of shareholders shall be promptly called by the Corporation if one
or more shareholders that together hold at least 15% of all the shares of capital stock at the time outstanding and having voting
power deliver or cause to be delivered to the Corporate Secretary one or more written demands for the meeting describing the purpose
or purposes for which it is to be held. Special meetings shall be held solely for the purposes specified in the notice of meeting.</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.15pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
3.</FONT> <U>Time and Place</U>. The time and place of each meeting of the shareholders shall be stated in the notice of the meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.15pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
4.</FONT> <U>Quorum and Voting</U>. The holders of a majority of the votes entitled to be cast on any matter, present in person
or represented by proxy, shall constitute a quorum as to that matter at any meeting of the shareholders. If less than a quorum
shall be in attendance at the time for which a meeting shall have been called, the meeting may be adjourned from time to time until
a quorum is obtained by (a) the chairman of such meeting or (b) a majority of the shares present in person or represented by proxy.
No additional notice of the meeting shall be required other than by announcement at the meeting unless a new record date is fixed
pursuant to Section 8. Unless otherwise provided in the Articles of Incorporation of the Corporation, each shareholder shall be
entitled to one vote in person or by proxy for each share entitled to vote then outstanding and registered in his or her name on
the books of the Corporation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
5.</FONT> <U>Written Authorization</U>. A shareholder or a shareholder&rsquo;s duly authorized attorney-in-fact may execute a writing
authorizing another person or persons to act for him or her as proxy. Execution may be accomplished by the shareholder or such
shareholder&rsquo;s duly authorized attorney-in-fact or authorized officer, director, employee or agent signing such writing or
causing such shareholder&rsquo;s signature to be affixed to such writing by any reasonable means including, but not limited to,
by facsimile signature.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
6.</FONT> <U>Electronic Authorization</U>. The President or the Corporate Secretary may approve procedures to enable a shareholder
or a shareholder&rsquo;s duly authorized attorney-in-fact to authorize another person or persons to act for him or her as proxy
by transmitting or authorizing the transmission of a telegram, cablegram, internet transmission, telephone transmission or other
means of electronic transmission to the person who will be the holder of the proxy or to a proxy solicitation firm, proxy support
service organization or like agent duly authorized by the person who will be the holder of the proxy to receive such transmission,
provided that any such transmission must either set forth or be submitted with information from which the inspectors of election
can determine that the transmission was authorized by the shareholder or the shareholder&rsquo;s duly authorized attorney-in-fact.
If it is determined that such transmissions are valid, the inspectors shall specify the information upon which they relied. Any
copy, facsimile telecommunication or other reliable reproduction of the writing or transmission created pursuant to this Section
6 may be substituted or used in lieu of the original writing or transmission for any and all purposes for which the original writing
or transmission could be used, provided that such copy, facsimile telecommunication or other reproduction shall be a complete reproduction
of the entire original writing or transmission.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
7.</FONT> <U>Notice of Meeting</U>. <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT> Except as otherwise required
by the laws of the Commonwealth</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify">of Virginia, notice shall be delivered by the Corporation not less than 10 days nor more than 60
days before the date of the meeting, either personally, by mail or by any other manner permitted by law, to each shareholder of
record entitled to vote at such meeting. If mailed, such notice shall be deemed to be delivered when deposited in the United States
mail with postage thereon prepaid, addressed to the shareholder at the shareholder&rsquo;s address as it appears on the stock transfer
books of the Corporation. Such further notice shall be given as may be required by law. Notice of meetings may be waived in accordance
with law. Any previously scheduled meeting of the shareholders may be postponed, by resolution of the Board of Directors, at any
time prior to the time previously scheduled for such meeting of shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)
</FONT> Without limiting the manner by which notice otherwise may be given effectively to shareholders, any notice to shareholders
given by the Corporation, under any provision of the Virginia Stock Corporation Act, the Articles of Incorporation or these Bylaws,
shall be effective if given by a form of electronic transmission consented to by the shareholder to whom the notice is given. Any
such consent shall be revocable by the shareholder by written notice to the Corporation. Any such consent shall be deemed revoked
if (i) the Corporation is unable to deliver by electronic transmission two consecutive notices given by the Corporation in accordance
with such consent and (ii) such inability becomes known to the Corporate Secretary or an Assistant Secretary of the Corporation
or to the transfer agent, or other person responsible for the giving of notice; provided, however, the inadvertent failure to treat
such inability as a revocation shall not invalidate any meeting or other action. Notice given pursuant to this paragraph shall
be deemed given:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">(1) if by facsimile telecommunication,
when directed to a number at which the shareholder has consented to receive notice; (2) if by electronic mail, when directed to
an electronic mail address at which the shareholder has consented to receive notice; (3) if by a posting on an electronic network
together with separate notice to the shareholder of such specific posting when such notice is directed to the record address of
the shareholder or to such other address at which the shareholder has consented to receive notice, upon the later of such posting
or the giving of such separate notice; and (4) if by any other form of electronic transmission, when consented to by the shareholder.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
8.</FONT> <U>Record Date</U>. For the purpose of determining shareholders entitled to notice of or to vote at any meeting of shareholders
or any adjournment thereof, or entitled to receive payment of any dividend, or in order to make a determination of shareholders
for any other proper purpose, the Board of Directors may fix in advance a date as the record date for any such determination of
shareholders, such date in any case to be not more than 70 days prior to the date on which the particular action, requiring such
determination of shareholders, is to be taken. If no record date is fixed for the determination of shareholders entitled to notice
of or to vote at a meeting of shareholders, or shareholders entitled to receive payment of a dividend, the date on which notices
of the meeting are mailed or the date on which the resolution of the Board of Directors declaring such dividend is adopted, as
the case may be, shall be the record date for such determination of shareholders. When a determination of shareholders entitled
to vote at any meeting of shareholders has been made as provided in this section, such determination shall apply to any adjournment
thereof unless the Board of Directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than
120 days after the date fixed for the original meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
9.</FONT> <U>Conduct of Meeting</U>.</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Chairman of the Board shall preside over all meetings of the shareholders. If he or she is not present, or if there
is none in office, the President shall preside. If the Chairman of the Board and the President are not present, a Vice President
shall preside, or, if none be present, a chairman shall be elected by the meeting. The Corporate Secretary shall act as secretary
of the meeting, if he or she is present. If he or she is not present, the chairman shall appoint a secretary of the meeting. The
chairman of the meeting, at his or her discretion, may adjourn the meeting from time to time, whether or not there is a quorum,
and may determine the date, time and place that a meeting so adjourned is to reconvene.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Board of Directors may adopt such rules, regulations and procedures for the conduct of any meeting of shareholders that
it deems appropriate. Except to the extent inconsistent with such rules, regulations and procedures adopted by the Board of Directors,
the chairman of the meeting shall have the right and authority to prescribe such rules, regulations and procedures and to do all
such acts and things as are necessary or desirable for the proper conduct of the meeting, including, without limitation, the establishment
of an agenda or order of business, the dismissal of business not properly presented, the maintenance of order and safety, limitations
on the time allotted</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in">to questions or comments on the affairs of the Corporation, restrictions on entry to such meeting after the
time prescribed for the commencement thereof and the opening and closing of the voting polls.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
10.</FONT> <U>Inspectors</U>. An appropriate number of inspectors for any meeting of shareholders may be appointed by the chairman
of such meeting. Inspectors so appointed, will receive and take charge of proxies and ballots, decide all questions as to the qualifications
of voters, validity of proxies and ballots, and the number of votes properly cast, and perform such other duties as required by
law or requested by the chairman of the meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
11.</FONT> <U>Advance Notice of Nominations and Shareholder Business</U>.</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Annual Meetings of Shareholders</U>.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Nominations of persons for election to the Board of Directors of the Corporation and the proposal of business to be considered
by the shareholders may be made at an annual meeting of shareholders only (A) pursuant to the Corporation&rsquo;s notice of meeting
(or any supplement thereto) given by or at the direction of the Board of Directors, (B) otherwise properly made at the annual meeting
by or at the direction of the Board of Directors or (C) by any shareholder of the Corporation who (1) was a shareholder of record
of the Corporation at the time the notice provided for in this Section 11 is delivered to the Corporate Secretary of the Corporation
and at the time of the meeting, (2) is entitled to vote at the meeting and (3) complies with the procedures set forth in this Section
11. Clause (C) of the immediately preceding sentence shall be the exclusive means for a shareholder to make a nomination or propose
business before an annual meeting of shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>For nominations or other business to be properly brought before an annual meeting by a shareholder pursuant to clause (C)
of paragraph (a)(i) of this Section 11, the shareholder must have given timely notice thereof in writing to the Corporate Secretary
of the Corporation and any such proposed business other than the nominations of persons for election to the Board of Directors
must constitute a proper matter for shareholder action. To be timely, a shareholder&rsquo;s notice must be delivered to the Corporate
Secretary at the principal office of the Corporation (x) in the case of nominations or other business to be properly brought before
the 2017 annual meeting of shareholders, not later than the close of business on February 24, 2017 nor earlier than the close of
business on the one hundred twentieth day prior to the first anniversary of the preceding year&rsquo;s annual meeting and (y) in
the case of nominations or other business to be properly brought before any other annual meeting of shareholders, not later than
the close of business on the ninetieth day nor earlier than the close of business on the one hundred twentieth day prior to the
first anniversary of the preceding year&rsquo;s annual meeting; provided, however, that in the event that the date of the annual
meeting is more than 30 days before or more than 70 days after such anniversary date, notice by the shareholder must be so delivered
not earlier than the close of business on the one hundred twentieth day prior to such annual meeting and not later than the close
of business on the later of the ninetieth day prior to such annual meeting or the tenth day following the day on which public announcement
of the date of such meeting is first made by the Corporation. In no event shall the public announcement of an adjournment or postponement
of an annual meeting commence a new time period, or extend any time period, for the giving of a shareholder&rsquo;s notice as described
above. Such shareholder&rsquo;s notice shall set forth: (A) as to each person whom the shareholder proposes to nominate for election
as a director, (1) all information relating to such person that would be required to be disclosed in solicitations of proxies for
election of directors in an election contest or otherwise required pursuant to Regulation 14A under the Securities Exchange Act
of 1934, as amended (the &ldquo;Exchange Act&rdquo;), regardless of the application of the Exchange Act to such nomination, (2)
the information and agreement required under paragraph (b) of Section 2 of Article II, and (3) such person&rsquo;s written consent
to being named in the proxy statement as a nominee and to serving as such a director if elected; (B) as to any other business that
the shareholder proposes to bring before the meeting, a brief description of the business desired to be brought before the meeting,
the text of the proposal or business (including the text of any resolutions proposed for consideration and in the event that such
business includes a proposal to amend the Bylaws of the Corporation, the language of the proposed amendment), the reasons for conducting
such business at the meeting and any material interest in such business of such shareholder and of the beneficial owner, if any,
on whose behalf the proposal is made; and (C) as to the shareholder giving the notice and the beneficial owner, if any, on whose
behalf the nomination or proposal is made, (1) the name and address of such shareholder, as they appear on the Corporation&rsquo;s
books, and of such beneficial owner, (2) the class and number of shares of capital stock of the Corporation that are, directly
or indirectly, owned</P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">beneficially and of record by such shareholder and such beneficial owner as well as any derivative or synthetic
instrument, convertible security, put, option, stock appreciation right, swap or similar contract, agreement, arrangement or understanding
the value of or return on which is based on or linked to the value of or return on any of shares of capital stock of the Corporation,
(3) any proxy (other than a revocable proxy given in response to a solicitation statement filed pursuant to, and in accordance
with, Section 14(a) of the Exchange Act), voting trust, voting agreement or similar contract, arrangement, agreement or understanding
pursuant to which the shareholder or beneficial owner on whose behalf the nomination or proposal is being made has a right to vote
or direct the voting of any shares of the Corporation&rsquo;s capital stock, (4) a representation that the shareholder is a holder
of record of stock of the Corporation entitled to vote at such meeting and intends to appear in person or by proxy at the meeting
to propose such business or nomination, and (5) a representation whether the shareholder or the beneficial owner, if any, intends
or is part of a group that intends (a) to deliver a proxy statement and/or form of proxy to holders of at least the percentage
of the Corporation&rsquo;s outstanding capital stock required to approve or adopt the proposal or elect the nominee and/or (b)
otherwise to solicit proxies from shareholders in support of such proposal or nomination. In addition, to be timely, a shareholder&rsquo;s
notice shall further be updated and supplemented, if necessary, (1) as of the voting record date for the meeting and (2) as of
the date that is 10 days prior to the meeting or any adjournment or postponement thereof, and such update and supplement shall
be delivered to the Corporate Secretary at the principal office of the Corporation. With respect to any proposal of business, the
notice requirements of this Section 11(a)(ii) shall be deemed satisfied by a shareholder if the shareholder has notified the Corporation
of his, her or its intention to present a proposal at an annual meeting in compliance with Rule 14a-8 (or any successor thereof)
promulgated under the Exchange Act and such shareholder&rsquo;s proposal has been included in a proxy statement that has been prepared
by the Corporation to solicit proxies for such annual meeting. The Corporation may require any proposed nominee to furnish such
other information as it may reasonably require to determine the eligibility of such proposed nominee to serve as a director of
the Corporation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything in the second sentence of paragraph (a)(ii) of this Section 11 to the contrary, in the event that
the number of directors to be elected to the Board of Directors at an annual meeting is increased and there is no public announcement
by the Corporation naming the nominees for the additional directorships at least 100 days prior to the first anniversary of the
preceding year&rsquo;s annual meeting, a shareholder&rsquo;s notice required by this Section 11 shall also be considered timely,
but only with respect to nominees for the additional directorships, if it shall be delivered to the Corporate Secretary at the
principal office of the Corporation not later than the close of business on the tenth day following the day on which such public
announcement is first made by the Corporation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Special Meetings of Shareholders</U>. Only such business shall be conducted at a special meeting of shareholders as shall
have been brought before the meeting pursuant to the Corporation&rsquo;s notice of meeting. Nominations of persons for election
to the Board of Directors may be made at a special meeting of shareholders at which directors are to be elected pursuant to the
Corporation&rsquo;s notice of meeting (i) by or at the direction of the Board of Directors or (ii) by any shareholder of the Corporation
who is a shareholder of record at the time the notice provided for in this Section 11 is delivered to the Corporate Secretary of
the Corporation, who is entitled to vote at the meeting and upon such election and who complies with the notice procedures set
forth in this Section 11. In the event a special meeting of shareholders is called pursuant to these Bylaws for the purpose of
electing one or more directors to the Board of Directors, any such shareholder entitled to vote in such election of directors may
nominate a person or persons, as the case may be, for election to such position(s) as specified in the Corporation&rsquo;s notice
of meeting, if the shareholder&rsquo;s notice required by paragraph (a)(ii) of this Section 11 is delivered to the Corporate Secretary
at the principal office of the Corporation not earlier than the close of business on the one hundred twentieth day prior to such
special meeting, and not later than the close of business on the later of the ninetieth day prior to such special meeting or the
tenth day following the day on which public announcement is first made of the date of the special meeting and of the nominees proposed
to be elected at such meeting, if any. In no event shall the public announcement of an adjournment or postponement of a special
meeting commence a new time period, or extend any time period, for giving of a shareholder&rsquo;s notice as described above.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: 0in">&nbsp;<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>General</U>.</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Only such persons who are nominated in accordance with the procedures set forth in this</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">Section 11 shall be eligible at
an annual or special meeting of shareholders of the Corporation to serve as directors and only such business shall be conducted
at a meeting of shareholders as shall have been brought before the meeting in accordance with the procedures set forth in this
Section 11. Except as otherwise provided by law, the chairman of the meeting shall have the power and duty (A) to determine whether
a nomination or any business proposed to be brought before the meeting was made or proposed, as the case may be, in accordance
with the procedures set forth in this Section 11 (including whether the shareholder or beneficial owner, if any, on whose behalf
the nomination or proposal is made or solicited (or is part of a group which solicited) or did not so solicit, as the case may
be, proxies in support of such shareholder&rsquo;s nominee or proposal in compliance with such shareholder&rsquo;s representation
as required by clause (a)(ii)(C) of this Section</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.15pt 0pt 22pt; text-align: justify">11) and (B) to declare that
such nomination shall be disregarded or that such proposed business shall not be transacted. Notwithstanding the foregoing provisions
of this Section 11, if the shareholder (or a duly authorized proxy of the shareholder) does not appear at the annual or special
meeting of shareholders of the Corporation to present a nomination or business, such nomination shall be disregarded and such proposed
business shall not be transacted, notwithstanding that proxies in respect of such vote may have been received by the Corporation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.15pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>For purposes of this Section 11, &ldquo;public announcement&rdquo; shall include disclosure in a press release reported
by the Dow Jones News Service, Associated Press or comparable national news service or in a document publicly filed by the Corporation
with the Securities and Exchange Commission pursuant to Section 13, 14 or 15(d) of the Exchange Act.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding the foregoing provisions of this Section 11, a shareholder shall also comply with all applicable requirements
of the Exchange Act and the rules and regulations thereunder with respect to the matters set forth in this Section 11. Nothing
in this Section 11 shall be deemed to affect any rights (A) of shareholders to request inclusion of proposals in the Corporation&rsquo;s
proxy statement pursuant to Rule 14a-8 under the Exchange Act or (B) of the holders of any class or series of preferred stock to
elect directors pursuant to any applicable provisions of the Articles of Incorporation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Proxy Access for Director Nominations</U>. The Corporation shall include in its proxy statement for any annual meeting
of shareholders the name, together with the Required Information (as defined below), of any person nominated for election to the
Board of Directors (a &ldquo;Shareholder Nominee&rdquo;) identified in a timely notice (the &ldquo;Notice&rdquo;) that satisfies
this Section 11 delivered to the principal executive office of the Corporation, addressed to the Corporate Secretary, by one or
more shareholders who at the time the request is delivered satisfy the ownership and other requirements of both subsections (a)
and (d) of this Section 11 (such shareholder or shareholders, and any Associated Person (as defined below) of such shareholder
or shareholders, the &ldquo;Eligible Shareholder&rdquo;), and who expressly elects to have its nominee included in the Corporation&rsquo;s
proxy materials pursuant to this subsection (d). To be timely, the Notice must be received by the Corporate Secretary not less
than one hundred twenty (120) calendar days prior to the anniversary date of the immediately preceding mailing date for the notice
of annual meeting of shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>For purposes of this subsection (d), the &ldquo;Required Information&rdquo; that the Corporation will include in its proxy
statement is (A) the information concerning the Shareholder Nominee and the Eligible Shareholder that, as determined by the Corporation,
is required to be disclosed in a proxy statement filed pursuant to the proxy rules of the Securities and Exchange Commission, and
(B) if the Eligible Shareholder so elects, a Statement (as defined below). For purposes of this subsection (d), &ldquo;Associated
Person&rdquo; means any affiliate, associate of, or any other party acting in concert with or on behalf of, (A) a shareholder nominating
a Shareholder Nominee or (B) any beneficial owner on whose behalf the shareholder is acting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 13.8pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Corporation shall not be required to include a Shareholder Nominee in its proxy materials for any special meeting of
shareholders or for any annual meeting of shareholders for which (A) the Corporate Secretary of the Corporation receives a notice
that the Eligible Shareholder has nominated a person for election to the Board of Directors pursuant to the notice requirements
set forth in subsection (a) of this Section 11 and (B) the Eligible Shareholder does not expressly elect as part of providing the
notice to have its nominee included in the Corporation&rsquo;s proxy materials pursuant to this subsection (d).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 13.8pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The number of Shareholder Nominees (including any Shareholder Nominees elected to the Board of Directors at either of the
two preceding annual meetings who are standing for reelection and</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in">any Shareholder Nominees that were submitted by an Eligible Shareholder
for inclusion in the Corporation&rsquo;s proxy materials pursuant to this subsection (d) but either are subsequently withdrawn
or that the Board of Directors or any committee designated by the Board of Directors decides to nominate for election to the Board
of Directors (a &ldquo;Board Nominee&rdquo;)) appearing in the Corporation&rsquo;s proxy materials with respect to a meeting of
shareholders shall not exceed the greater of (A) two Shareholder Nominees and (B) 20% of the number of directors in office as of
the last day on the Notice may be delivered, or if such amount is not a whole number, the closest whole number below 20%. In the
event that the number of Shareholder Nominees submitted by Eligible Shareholders pursuant to this subsection (d) exceeds this maximum
number, each Eligible Shareholder shall select one Shareholder Nominee for inclusion in the Corporation&rsquo;s proxy materials
until the maximum number is reached, going in the order of the amount (largest to smallest) of shares of the Corporation&rsquo;s
stock eligible to vote in the election of directors each Eligible Shareholder disclosed as owned in the written notice of the nomination
submitted to the Corporation. If the maximum number is not reached after each Eligible Shareholder has selected one Shareholder
Nominee, this selection process shall continue as many times as necessary, following the same order each time, until the maximum
number is reached.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iv)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>An Eligible Shareholder must have owned (as defined below) 3% or more of the outstanding shares of the Corporation&rsquo;s
stock eligible to vote in the election of directors continuously for at least three years (the &ldquo;Required Shares&rdquo;) as
of both the date the Notice is delivered to the Corporation and the record date for determining shareholders entitled to vote at
the meeting and must continue to own the Required Shares through the meeting date. For purposes of satisfying the foregoing ownership
requirement under this subsection (d), (A) the shares of stock of the Corporation owned by one or more shareholders, or by the
person or persons who own shares of the Corporation&rsquo;s stock and on whose behalf any shareholder is acting, may be aggregated,
provided that the number of shareholders and other persons whose ownership of shares is aggregated for such purpose shall not exceed
20, and further provided that the group of shareholders shall have provided to the Corporate Secretary of the Corporation as a
part of providing the Notice a written agreement executed by each of its members designating one of the members as the exclusive
member to interact with the Corporation for purposes of this Section 11 on behalf of all members, and (B) a group of funds under
common management and investment control shall be treated as one shareholder or person for this purpose. Within the time period
specified for providing the Notice, an Eligible Shareholder must provide the following information in writing to the Corporate
Secretary of the Corporation (in addition to the information required to be provided by subsection (a) of this Section 11): (A)
one or more written statements from the record holder of the shares (and from each intermediary through which the shares are or
have been held during the requisite three-year holding period) verifying that, as of a date within seven calendar days prior to
the date the Notice is delivered to or mailed and received by the Corporation, the Eligible Shareholder owns, and has owned continuously
for the preceding three years, the Required Shares, and the Eligible Shareholder&rsquo;s agreement to provide, within five business
days after the record date for the meeting, written statements from the record holder and intermediaries verifying the Eligible
Shareholder&rsquo;s continuous ownership of the Required Shares through the record date, (B) the written consent of each Shareholder
Nominee to be named in the proxy statement as a nominee and to serve as a director if elected, (C) a copy of the Schedule 14N that
has been filed with the Securities and Exchange Commission as required by Rule 14a-18 under the Exchange Act, (D) a representation
that the Eligible Shareholder (1) acquired the Required Shares in the ordinary course of business and not with the intent to change
or influence control of the Corporation, and does not presently have such intent, (2) has not nominated and will not nominate for
election to the Board of Directors at the meeting any person other than the Shareholder Nominee(s) being nominated pursuant to
this subsection (d), (3) has not engaged and will not engage in, and has not and will not be, a &ldquo;participant&rdquo; in another
person&rsquo;s &ldquo;solicitation&rdquo; within the meaning of Rule 14a-1(l) under the Exchange Act in support of the election
of any individual as a director at the meeting other than its Shareholder Nominee(s) or a Board Nominee, (4) will not distribute
to any shareholder any form of proxy for the meeting other than the form distributed by the Corporation, (5) intends to continue
to own the Required Shares through the date of the meeting, and (6) will provide facts, statements and other information in all
communications with the Corporation and its shareholders that are or will be true and correct in all material respects and do not
and will not omit to state a material fact necessary in order to make the statements made, in light of the circumstances under
which they were made, not misleading, (E) an undertaking that the Eligible Shareholder agrees to (1) assume all liability stemming
from any legal or regulatory violation arising out of the Eligible Shareholder&rsquo;s communications with the Corporation&rsquo;s
shareholders or out of the information that the Eligible Shareholder provided to the Corporation, (2) indemnify and hold harmless
the Corporation and each of its directors, officers and employees individually against any liability, loss or damages in connection
with any threatened or pending action, suit or proceeding, whether legal, administrative or investigative, against the Corporation
or any of its directors, officers or employees</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">arising out of any nomination submitted by the Eligible Shareholder pursuant to
this subsection (d), (3) file with the Securities and Exchange Commission all soliciting and other materials as required under
subdivision (x) of this subsection (d), and (4) comply with all other applicable laws, rules, regulations and listing standards
with respect to any solicitation in connection with the meeting, and (F) if the Eligible Shareholder did not submit the name(s)
of the Shareholder Nominee(s) to the Governance Committee of the Board of Directors for consideration as Board Nominee(s), a brief
explanation why the Eligible Shareholder elected not to do so. The inspectors of elections shall not give effect to the Eligible
Shareholder&rsquo;s votes with respect to the election of directors if the Eligible Shareholder does not comply with each of the
representations in clause (D) above.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(v)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>For purposes of this subsection (d), an Eligible Shareholder shall be deemed to &ldquo;own&rdquo; only those outstanding
shares of the Corporation&rsquo;s stock as to which a shareholder who is the Eligible Shareholder or is included in the group that
constitutes the Eligible Shareholder possesses both (A) the full voting and investment rights pertaining to the shares and (B)
the full economic interest in (including the opportunity for profit and risk of loss on) such shares; provided that the number
of shares calculated in accordance with clauses (A) and (B) shall not include any shares (1) sold by or on behalf of such shareholder
in any transaction that has not been settled or closed, (2) borrowed by or on behalf of such shareholder for any purpose or purchased
by such shareholder pursuant to an agreement to resell or (3) subject to any option, warrant, forward contract, swap, contract
of sale, other derivative or similar agreement entered into by or on behalf of such shareholder whether any such instrument or
agreement is to be settled with shares or with cash based on the notional amount or value of outstanding shares of the Corporation&rsquo;s
stock, in any such case which instrument or agreement has, or is intended to have, the purpose or effect of (x) reducing in any
manner, to any extent or at any time in the future, such shareholder&rsquo;s full right to vote or direct the voting of any such
shares, and/or (y) hedging, offsetting or altering to any degree gain or loss arising from the full economic ownership of such
shares by such shareholder. A shareholder shall &ldquo;own&rdquo; shares held in the name of a nominee or other intermediary so
long as the shareholder retains the right to instruct how the shares are voted with respect to the election of directors and possesses
the full economic interest in the shares. A shareholder&rsquo;s ownership of shares shall be deemed to continue during (A) any
period in which the shareholder has delegated any voting power by means of a proxy, power of attorney or other instrument or arrangement
that is revocable at any time by the shareholder, or (B) has loaned such shares, provided that the person has the power to recall
such loaned shares on not more than three business days&rsquo; notice. Whether outstanding shares of the Corporation&rsquo;s stock
are &ldquo;owned&rdquo; for these purposes shall be determined by the Board of Directors, which determination shall be conclusive
and binding on the Corporation and its shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(vi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Eligible Shareholder may provide to the Corporate Secretary of the Corporation, within the time period specified for
providing the Notice, a written statement for inclusion in the Corporation&rsquo;s proxy statement for the meeting, not to exceed
500 words, in support of the Shareholder Nominee&rsquo;s candidacy</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 15.2pt 0pt 22pt">(the &ldquo;Statement&rdquo;). Notwithstanding
anything to the contrary contained in this Section 11, the Corporation may omit from its proxy materials any information or statement
that it believes would violate any applicable law, rule, regulation or listing standard.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 15.2pt 0pt 22pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(vii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Corporation shall not be required to include, pursuant to this subsection (d), a Shareholder Nominee in its proxy materials
(A) for any meeting for which the Corporate Secretary of the Corporation receives a notice that the Eligible Shareholder or any
other shareholder has nominated a Shareholder Nominee for election to the Board of Directors pursuant to the requirements of subsection
(a) of this Section 11 and does not expressly elect at the time of providing the notice to have its nominee included in the Corporation&rsquo;s
proxy materials pursuant to this subsection (d), (B) if the Eligible Shareholder who has nominated such Shareholder Nominee has
engaged in or is currently engaged in, or has been or is a &ldquo;participant&rdquo; in another person&rsquo;s, &ldquo;solicitation&rdquo;
within the meaning of Rule 14a-1(l) under the Exchange Act in support of the election of any individual as a director at the meeting
other than its Shareholder Nominee(s) or a Board Nominee, (C) who is not independent under the listing standards of the principal
exchange upon which the Corporation&rsquo;s stock is traded, any applicable rules of the Securities and Exchange Commission and
any publicly disclosed standards used by the Board of Directors in determining and disclosing the independence of the Corporation&rsquo;s
directors, as determined by the Board of Directors, (D) whose election as a member of the Board of Directors would cause the Corporation
to be in violation of these By-Laws, the Corporation&rsquo;s Articles of Incorporation, the listing standards of the principal
exchange upon which the Corporation&rsquo;s stock is traded, or any applicable state or federal law, rule or regulation, (E) who
is or has been, within the past three years, an officer or director of a competitor, as defined in Section 8 of the Clayton Antitrust
Act of 1914, (F) who is a named subject of a pending criminal proceeding (excluding traffic violations and other minor offenses)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">or has been convicted in such a criminal proceeding within the past 10 years, (G) who is subject to any order of the type specified
in Rule 506(d) of Regulation D promulgated under the Securities Act of 1933, as amended, (H) if such Shareholder Nominee or the
applicable Eligible Shareholder shall have provided information to the Corporation in respect to such nomination that was untrue
in any material respect or omitted to state a material fact necessary in order to make the statements made, in light of the circumstances
under which they were made, not misleading, as determined by the Board of Directors, or (I) if the Eligible Shareholder or applicable
Shareholder Nominee otherwise breaches any of its or their obligations, agreements or representations under this Section 11.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 15.2pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(viii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notwithstanding anything to the contrary set forth herein, the chairman of at the meeting shall declare a nomination by
an Eligible Shareholder to be invalid, and such nomination shall be disregarded notwithstanding that proxies in respect of such
vote may have been received by the Corporation, if the Shareholder Nominee(s) and/or the applicable Eligible Shareholder shall
have breached its or their obligations, agreements or representations under this Section 11, as determined by the Board of Directors
or the chairman of the meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 15.2pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 8.75pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ix)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>In addition to the information required to be provided by the Eligible Shareholder by subsections (a) and (d) of this Section
11, each Shareholder Nominee and each Board Nominee shall provide to the Corporate Secretary of the Corporation, within two weeks
of receipt of the Corporate Secretary&rsquo;s written request therefore, the following information: (A) a completed copy of the
Corporation&rsquo;s form of director&rsquo;s questionnaire and a written consent of the Shareholder Nominee or the Board Nominee
to the Corporation following such processes for evaluation of such Nominee as the Corporation follows in evaluating any other potential
Board Nominee, as provided by the Corporate Secretary; (B) the Shareholder Nominee&rsquo;s or the Board Nominee&rsquo;s agreement
to comply with the Corporation&rsquo;s corporate governance, conflict of interest, confidentiality, share ownership and share trading
policies, as provided by the Corporate Secretary; (C) written confirmation that the Shareholder Nominee or the Board Nominee (1)
does not have, and will not have, any agreement or understanding as to how he or she will vote on any matter and (2) is not a party
to, and will not become a party to, any outside compensation arrangement relating to service as a director of the Corporation that
has not been disclosed to the Corporate Secretary of the Corporation; and (D) written disclosure of any transactions between the
Eligible Shareholder and the Shareholder Nominee or the Board Nominee within the preceding five years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 8.75pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(x)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The Eligible Shareholder shall file with the Securities and Exchange Commission any solicitation or other communication
with the Corporation&rsquo;s shareholders relating to the meeting at which the Shareholder Nominee will be nominated, regardless
of whether any such filing is required under Regulation 14A of the Exchange Act, or whether any exemption from filing is available
for such solicitation or other communication under Regulation 14A of the Exchange Act.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 11.85pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 52.5pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(xi)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>No person may be a member of more than one group of persons constituting an Eligible Shareholder under this subsection (d).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 52.5pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(xii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Any Shareholder Nominee who is included in the Corporation&rsquo;s proxy materials for a particular meeting of shareholders
but either (A) withdraws from or becomes ineligible or unavailable for election at the meeting, or (B) does not receive at least
25% of the votes cast in favor of the Shareholder Nominee&rsquo;s election, shall be ineligible to be a Shareholder Nominee pursuant
to this subsection (d) for the next two annual meetings of shareholders following the meeting for which the Shareholder Nominee
has been nominated for election.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center"><U>ARTICLE II</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">Board of Directors</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
1.</FONT> <U>General Powers</U>. The property, affairs and business of the Corporation shall be managed under the direction of
the Board of Directors, and, except as otherwise expressly provided by law, the Articles of Incorporation or these Bylaws, all
of the powers of the Corporation shall be vested in such Board.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
2.</FONT> <U>Number and Election</U>.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-align: justify"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.1pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Number and Qualifications</U>. The number of Directors shall be fixed from time to time by the Board of Directors. No
person shall be eligible for election as a Director, nor shall any Director be eligible for reelection, if he or she shall have
reached the age of 75 years at the time of such election or reelection, except that the Board, in its sole discretion, may waive
such ineligibility for a period not to exceed one year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.1pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT><U>Qualifications</U>. Each Director and nominee for election as a Director of the Corporation must deliver to the Corporate
Secretary of the Corporation at the principal office of the Corporation a written questionnaire with respect to the background
and qualifications of such person (which questionnaire shall be provided by the Corporate Secretary of the Corporation upon written
request and approved from time to time by the Board or Governance Committee) and a written representation and agreement (in the
form provided by the Corporate Secretary of the Corporation upon written request) (the &ldquo;Agreement&rdquo;), which Agreement
(i) shall provide that such person (A) is not and will not become a party to (1) any agreement, arrangement or understanding with,
and has not given any commitment or assurance to, any person or entity as to how such person, if such person is at the time a Director
or is subsequently elected as a Director of the Corporation, will act or vote on any issue or question (a &ldquo;Voting Commitment&rdquo;)
that has not been disclosed to the Corporation or (2) any Voting Commitment that could limit or interfere with such person&rsquo;s
ability to comply, if such person is at the time a Director or is subsequently elected as a Director of the Corporation, with such
person&rsquo;s duties as a Director under applicable law, (B) is not and will not become a party to any agreement, arrangement
or understanding with any person or entity other than the Corporation with respect to any direct or indirect compensation, reimbursement
or indemnification in connection with service or action as a Director that has not been disclosed therein, and (C) would be in
compliance, if elected as a Director of the Corporation, and will, if such person is at the time a Director or is subsequently
elected as a Director of the Corporation, comply with all applicable corporate governance, conflict of interest, confidentiality
and securities ownership and trading policies and guidelines of the Corporation (copies of which shall be provided by the Corporate
Secretary of the Corporation upon written request) and (ii) if such person is at the time a Director or is subsequently elected
as a Director of the Corporation, shall include such person&rsquo;s irrevocable resignation as a Director if such person is found
by a court of competent jurisdiction to have breached the Agreement in any material respect.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.25in; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">&nbsp;&nbsp;(c)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><U>Election of Directors</U>.</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT>The Board of Directors shall be elected at the annual meeting of the shareholders or at any special meeting held in lieu
thereof.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(ii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except as provided in the following clause (c)(iii), each Director shall be elected by a vote of the majority of the votes
cast with respect to that Director nominee&rsquo;s election at a meeting for the election of Directors at which a quorum is present.
For purposes of this clause (c)(ii), a majority of the votes cast means that the number of shares voted &ldquo;for&rdquo; a Director
must exceed the number of shares voted &ldquo;against&rdquo; that Director.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(iii)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>In lieu of clause (c)(ii) of this Section 2, this clause shall apply to any election of Directors if there are more nominees
for election than the number of Directors to be elected, one or more of whom are properly proposed by shareholders. A nominee for
Director in an election to which this clause applies shall be elected by a plurality of the votes cast in such election.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.05pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
3.</FONT> <U>Quorum</U>. A majority of the Directors shall constitute a quorum. Less than a quorum may adjourn the meeting to a
fixed time and place, no further notice of any adjourned meeting being required.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.05pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
4.</FONT> <U>Removal and Vacancies</U>. The shareholders at any meeting called for such purpose, by a vote of the holders of a
majority of all the shares of capital stock at the time outstanding and having voting power, may remove any Director, with or without
cause, and fill any vacancy. Vacancies arising among the Directors, including a vacancy resulting from an increase by the Board
of Directors in the number of directors may be filled by the remaining Directors, though less than a quorum of the Board, unless
sooner filled by the shareholders. The term of office of any Director so elected by the Board of Directors shall expire at the
next shareholders&rsquo; meeting at which Directors are elected.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
5.</FONT> <U>Meetings and Notices</U>. <FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(a)</FONT> Regular meetings of the
Board of Directors shall be held on such dates, at such places and at such times as the Board of Directors may from time to time
designate. Special meetings of the Board of Directors may be held at any place and at any time upon the call of the Chairman of
the Board, or of any three members of the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Notice of any meetings shall be given by mailing or delivering such notice to each Director at the Director&rsquo;s residence
or business address or by telephone or electronic transmission as set forth in this Section 5(b) not less than 24 hours before
the meeting. Notice of the date, time, place or purpose of a regular or special meeting of the Board of Directors may be given
by a form of electronic transmission consented to by the Director to whom the notice is given. Any such consent of a Director shall
be revocable by the Director by written notice to the Corporation. Any such consent shall be deemed revoked if (i) the Corporation
is unable to deliver by electronic transmission two consecutive notices given by the Corporation in accordance with such consent
and (ii) such inability becomes known to the Corporate Secretary or other person responsible for the giving of notice; provided,
however, the inadvertent failure to treat such inability as a revocation shall not invalidate any meeting or other action. Notice
given by electronic transmission shall be deemed given: (a) if by facsimile telecommunication, when directed to a number at which
the Director has consented to receive notice; (b) if by electronic mail, when directed to an electronic mail address at which the
Director has consented to receive notice; (c) if by a posting on an electronic network together with separate notice to the Director
of such specific posting when such notice is directed to an address at which the Director has consented to receive notice, upon
the later of such posting or the giving of such separate notice; and (d) if by any other form of electronic transmission, when
consented to by the Director. Any notice shall state the time and place of the meeting. Meetings may be held without notice if
all of the Directors are present or those not present waive notice before or after the meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Any action required to be taken at a meeting of the Board may be taken without a meeting if a consent in writing setting
forth the action to be taken, shall be signed by all the Directors in counterpart or otherwise and filed with the Corporate Secretary.
Such consent shall have the same force and effect as a unanimous vote. For purposes of this Section 5(c), such written consent
and the signing thereof may be accomplished by one or more electronic transmissions.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.25pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Any action required to be taken at a meeting of the Board may be taken by means of a conference telephone or similar communications
equipment whereby all persons participating in the meeting can hear each other, and participation by such means shall constitute
presence in person at such meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.25pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
6.</FONT> <U>Compensation</U>. By resolution of the Board, Directors may be compensated for services as Directors. Nothing herein
shall preclude Directors from serving the Corporation in other capacities and receiving compensation for such other services.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.9pt 0pt 135.85pt; text-align: center"><U>ARTICLE III</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.9pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.85pt 0pt 135.85pt; text-align: center">Committees</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.85pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
1.</FONT> <U>Executive Committee</U>. The Board of Directors may designate an Executive Committee. The Chairman of the Board of
Directors shall be the Chairman of the Executive Committee, which shall consist of three or more Directors. The Executive Committee
shall have and may exercise all the authority of the Board of Directors, except as may be prohibited by Section 13.1-689 of the
Virginia Stock Corporation Act, as it may from time to time be amended. The Executive Committee shall keep a full and accurate
record of its proceedings at each meeting and report the same at the next meeting of the Board. In the absence of the Chairman
of the Executive Committee, an acting chairman shall be designated by the Executive Committee to preside at such meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
2.</FONT> <U>Compensation Committee</U>. The Board of Directors, at its regular annual meeting, shall designate a Compensation
Committee, which shall consist of three or more Directors each of whom shall satisfy the independence requirements of the NASDAQ
Stock Market (&ldquo;NASDAQ&rdquo;) and the Securities and Exchange Commission (&ldquo;SEC&rdquo;) as then in effect and applicable
to the Corporation. The responsibilities of the Compensation Committee shall be set forth in the Committee&rsquo;s Charter as approved
by the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">The Compensation Committee shall
fix its own rules of procedure. The Committee shall keep minutes of its meetings, and all action taken by it shall be reported
to the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
3.</FONT> <U>Audit Committee</U>. The Board of Directors, at its regular annual meeting, shall designate an Audit Committee, which
shall consist of three or more Directors each of whom shall satisfy the independence requirements of NASDAQ and the SEC, as then
in effect and applicable to the Corporation. The responsibilities of the Audit Committee shall be set forth in the Committee&rsquo;s
Charter as approved by the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">The Committee shall fix its own
rules of procedure. The Committee shall keep minutes of all of its meetings and all action taken by it shall be reported to the
Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
4.</FONT> <U>Governance Committee</U>. The Board of Directors, at its regular annual meeting, shall designate a Governance Committee,
which shall consist of three or more Directors each of whom shall satisfy the independence requirements of NASDAQ and the SEC,
as then in effect and applicable to the Corporation. The responsibilities of the Governance Committee shall be set forth in the
Committee&rsquo;s Charter as approved by the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">The Committee shall fix its own
rules of procedure. The Committee shall keep minutes of all of its meetings and all action taken by it shall be reported to the
Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.1pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
5.</FONT> <U>Other Committees</U>. The Board of Directors may establish such other committees as it deems appropriate, each committee
consisting of at least two Directors whose designation and terms of office shall be by resolution of the Board.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.1pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
6.</FONT> <U>Committee Meetings</U>. Meetings of a committee may be called at any time by the Chairman of such committee or by
a majority of the members of such committee. Notice of any meeting shall be given in the manner provided by Section 5 of Article
II. Meetings may be held without notice if all of the members of the committee are present or those not present waive notice before
or after the meeting. Action may be taken by a committee without a meeting or at a meeting established by means of conference telephone
or similar communications equipment in the manner provided by Section 5 of Article II.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
7.</FONT> <U>Quorum</U>. A majority of the members of any committee shall constitute a quorum for the transaction of business,
and the affirmative vote of the majority of those present shall be necessary for any action by a committee. In the absence of the
chairman of a committee, the acting chairman shall be designated by the remaining members of the committee to preside at such meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.75pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
8.</FONT> <U>Term of Office</U>. Members of any committee shall be designated as above provided and shall hold office until their
successors are designated by the Board of Directors or until such committee is dissolved by the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.9pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.1pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
9.</FONT> <U>Resignation and Removal</U>. Any member of a committee may resign at any time by giving written notice of his intention
to do so to the Chairman of the Board or the Corporate Secretary, or may be removed, with or without cause, at any time by the
Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.1pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
10.</FONT> <U>Vacancies</U>. Any vacancy occurring in a committee resulting from any cause whatever shall be filled by a majority
of the number of Directors fixed by these Bylaws.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.75pt; text-align: center"><U>ARTICLE IV</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.75pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.8pt 0pt 135.85pt; text-align: center">Officers</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.8pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
1.</FONT> <U>Elected Officers</U>. The elected officers of the Corporation shall be a Chairman of the Board of Directors, a President,
one or more Vice Presidents, a Corporate Secretary, a Treasurer, and such other officers (including, without limitation, a Chief
Financial Officer and a Chief Legal Officer) as the Board of Directors from time to time may deem proper. The Chairman of the Board
shall be chosen from among the directors. All officers elected by the Board shall each have such powers and duties as generally
pertain to their respective offices, subject to the specific provisions of</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">this Article V. Such officers shall also have such powers
and duties as from time to time may be conferred by the Board or by any committee thereof or the Chairman of the Board. The Board
may from time to time elect, or the Chairman of the Board may appoint, such other officers (including, without limitation, one
or more Assistant Vice Presidents, Assistant Secretaries, Assistant Treasurers, and Assistant Controllers) and such agents, as
may be necessary or desirable for the conduct of the business of the Corporation. Such other officers and agents shall have such
duties and shall hold their offices for such terms as shall be provided in these Bylaws or as may be prescribed by the Board or
such committee or by the Chairman of the Board, as the case may be. Any person may be elected to more than one office.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
2.</FONT> <U>Election and Term of Office</U>. The elected officers of the Corporation shall be elected annually by the Board of
Directors at the regular meeting of the Board of Directors held after the annual meeting of the shareholders. Each officer shall
hold office until his or her successor shall have been duly elected and shall have qualified, but any officer may be removed from
office with or without cause at any time by the Board of Directors or, except in the case of any officer or agent elected by the
Board, by the Chairman of the Board. Such removal shall be without prejudice to the contractual rights, if any, of the person so
removed. Election or appointment of an officer shall not of itself create contract rights <B>.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
3.</FONT> <U>Duties</U>. The officers of the Corporation shall have such duties as generally pertain to their offices, respectively,
as well as such powers and duties as are prescribed by law or are hereinafter provided or as from time to time shall be conferred
by the Board of Directors, a committee of the Board or the Chairman of the Board. The Chairman of the Board, the President, any
Vice President and the Treasurer may sign and execute in the name of the Corporation representations, securities, deeds, mortgages,
leases, licenses, releases, bonds, powers of attorney, contracts or other instruments, and any officer may sign and execute in
the name of the Corporation such instruments as are incidental to such officer&rsquo;s duties in the ordinary course of business,
except in either case where the signing and the execution thereof shall be expressly delegated by the Board of Directors or by
these Bylaws to some other officer or agent of the Corporation or shall be required by law otherwise to be signed or executed.
The Board of Directors may require any officer to give such bond for the faithful performance of his or her duties as the Board
may see fit.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.65pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
4.</FONT> <U>Chairman of the Board</U>. The Chairman of the Board shall preside at all meetings of the shareholders and of the
Board of Directors and shall be the Chief Executive Officer of the Corporation. Subject to the direction and control of the Board
of Directors, the Chairman of the Board shall be responsible for the general management and control of the business and affairs
of the Corporation <B>,</B> shall be primarily responsible for the implementation of the policies of the Board of Directors and
shall have such authority and perform such duties as are commonly incident to his or her office and all such other duties as are
properly required of him or her by the Board of Directors or as are provided elsewhere in these Bylaws. He or she shall make reports
to the Board of Directors and the shareholders from time to time, and shall see that all orders and resolutions of the Board of
Directors and of any committee thereof are carried into effect. The Chairman of the Board may hire, appoint and discharge such
employees and agents of the Corporation as he or she shall deem necessary for the proper management of the business and affairs
of the Corporation and may fix the compensation of such employees and agents, other than himself/herself and senior executives.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.65pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
5.</FONT> <U>President</U>. The President shall have such authority and perform such duties as are commonly incident to his or
her office and all such other duties as are properly required of him or her by the Board of Directors or the Chairman of the Board
or as are provided elsewhere in these Bylaws, and shall assist the Chairman of the Board in the administration and operation of
the Corporation&rsquo;s business and general supervision of its policies and affairs. The President shall, in the absence of or
because of the inability to act of the Chairman of the Board, perform all duties of the Chairman of the Board and preside at all
meetings of shareholders and of the Board.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
6.</FONT> <U>Vice Presidents</U>. Each Vice President shall have such powers and shall perform such duties as shall be assigned
to him or her by the Chairman of the Board, or the Boards of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
7.</FONT> <U>Treasurer</U>. The Treasurer shall exercise general supervision over the receipt, custody and disbursement of corporate
funds. The Treasurer shall be responsible for the performance of all duties incident to the office of Treasurer. The Treasurer
shall have such further powers and duties and shall be subject to such directions as may be granted or imposed upon him or her
from</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">time to time by the Board of Directors, the Chairman of the Board or the Chief Financial Officer (if any).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
8.</FONT> <U>Corporate Secretary</U>. The Corporate Secretary shall attend all meetings of the shareholders, the Board of Directors,
and the Executive Committee and record their proceedings in permanent books kept for that purpose <B>,</B> unless a temporary secretary
be appointed. When requested, the Corporate Secretary shall also act as secretary of the meetings of the other Committees of the
Board. He or she shall give, or cause to be given, due notice as required of all meetings of the shareholders, Directors, the Executive
Committee and the other Committees of the Board, and all other notices as required by law or by these Bylaws <B>.</B> He or she
shall keep or cause to be kept at a place or places required by law a record of the shareholders of the Corporation, giving the
names and addresses of all shareholders and the number, class, and series of the shares held by each. He or she shall be custodian
of the seal of the Corporation, and of all records, contracts, leases, and other papers and documents of the Corporation, unless
otherwise directed by the Board of Directors, and shall in general perform all the duties incident to the office of Secretary and
such other duties as may be assigned to him or her by the Board of Directors or the Chairman of the Board. The Corporate Secretary
shall have the power to affix or cause to be affixed the seal of the Corporation to all instruments, the execution of which is
authorized by these Bylaws or by the Board of Directors, and to sign with another authorized officer certificates for shares of
the Corporation, the issuance of which is authorized by these Bylaws or by the Board of Directors. In case of the Corporate Secretary&rsquo;s
absence or incapacity, the Chairman of the Board may designate an Assistant Secretary or other appropriate officer to perform the
duties of the Secretary.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
9.</FONT> <U>Voting Securities of Other Corporations</U>. Unless otherwise provided by the Board of Directors, each of the Chairman
of the Board and the President, in the name and on behalf of the Corporation, may appoint from time to time himself or herself
or any other person proxy, attorney or agent for the Corporation to cast the votes which the Corporation may be entitled to cast
as a shareholder, member or otherwise in any other corporation, partnership or other legal entity, domestic or foreign, whose stock,
interests or other securities are held by the Corporation, or to consent in writing to any action by such other entity, or to exercise
any or all other powers of this Corporation as the holder of the stock, interests or other securities of such other entity. Each
of the Chairman of the Board and the President may instruct the person so appointed as to the manner of casting such votes or giving
such consent and may execute or cause to be executed on behalf of the Corporation and under its corporate seal such written proxies,
consents, waivers or other instruments as may be deemed necessary or proper. Each of the Chairman of the Board and the President
may attend any meeting of the holders of stock, interests or other securities of any such other entity and vote or exercise any
and all other powers of this Corporation as the holder of the stock, interest or other securities of such other entity.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
10.</FONT> <U>Contracts and Expenditures</U>. Except as otherwise directed by the Board of Directors, expenditures chargeable to
operating expenses, including without limitation contracts for work, labor and services and materials and supplies, may be made
by or under the direction of the head of the department or office of the Corporation in which they are required, without explicit
or further authority from the Board of Directors, subject to direction, restriction or prohibition by the Chairman of the Board.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.85pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
11.</FONT> <U>Removal</U>. Any officer elected, or agent appointed, by the Board of Directors may be removed by the Board of Directors
at any time, with or without cause. Any officer or agent appointed by the Chairman of the Board may be removed by him or her at
any time, with or without cause. No elected officer shall have any contractual rights against the Corporation for compensation
by virtue of such election beyond the date of the election of his or her successor, his or her death, his or her resignation or
his or her removal, whichever event shall first occur, except as otherwise provided in an employment contract or under an employee
deferred compensation plan.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.8pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6pt 0pt 22pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">SECTION
12.</FONT> <U>Vacancies</U>. A newly created elected office and a vacancy in any elected office because of death, resignation or
removal may be filled by the Board of Directors or the Chairman of the Board for the unexpired portion of the term. Any vacancy
in an office appointed by the Chairman of the Board because of death, resignation, or removal may be filled by the Chairman of
the Board.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6pt 0pt 22pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.75pt; text-align: center"><U>ARTICLE V</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.75pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">Depositaries</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 1in">The money
and negotiable instruments of the Corporation shall be kept in such</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 1in"></P>

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<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify">bank or banks as the Treasurer or Chief Financial Officer shall
from time to time direct or approve. All checks and other instruments for the disbursement of funds shall be executed manually
or by facsimile by such officers or agents of the Corporation as may be authorized by the Board of Directors.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.95pt 0pt 22pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center"><U>ARTICLE VI</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.95pt 0pt 135.8pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.7pt 0pt 135.85pt; text-align: center">Seal</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.7pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.15pt 0pt 22pt; text-align: justify; text-indent: 1in">The seal
of the Corporation, of which there may be any number of counterparts, shall be circular in form and shall have inscribed thereon
the name of the Corporation, the year of its organization and the words, &ldquo;Corporate Seal Virginia.&rdquo; The Board may also
authorize to be used, as the seal of the Corporation, any facsimile thereof.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.15pt 0pt 22pt; text-align: justify; text-indent: 1in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.9pt 0pt 135.85pt; text-align: center"><U>ARTICLE VII</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.9pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.7pt 0pt 135.85pt; text-align: center">Fiscal Year</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.7pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">The fiscal year of the Corporation
shall begin immediately after midnight of the last Friday of December, and shall end at midnight on the last Friday of December
of each calendar year.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 7.5pt 0pt 22pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.9pt 0pt 135.85pt; text-align: center"><U>ARTICLE VIII</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.9pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">Amendments to Bylaws</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 119.75pt 0pt 135.85pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Except as specified in clause (b) below, these Bylaws may be amended or repealed at any regular or special meeting of the
Board of Directors by the vote of a majority of the Directors present. These Bylaws may also be repealed or changed, and new Bylaws
made, by the shareholders, provided notice of the proposal to take such action shall have been given in the notice of the meeting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 5.7pt 0pt 22pt; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Article I, Sections 2 and 11(b) of these Bylaws, and this clause (b), may only be amended or repealed with the approval
of the shareholders.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 162.3pt 0pt 179.1pt; text-align: center"><U>ARTICLE IX</U></P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 162.3pt 0pt 179.1pt; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 162.3pt 0pt 179.25pt; text-align: center">Control Share Acquisitions</P>

<P STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 162.3pt 0pt 179.25pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 1in">Article 14.1 of the Virginia Stock
Corporation Act (&ldquo;Control Share Acquisitions&rdquo;) shall not apply to acquisitions of shares of stock of the Corporation.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 6.6pt 0pt 22pt; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">*
* * * * * * * * *</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 22pt; text-indent: 2.6in">&nbsp;</P>



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