<SEC-DOCUMENT>0000950157-19-000456.txt : 20190416
<SEC-HEADER>0000950157-19-000456.hdr.sgml : 20190416
<ACCEPTANCE-DATETIME>20190416171516
ACCESSION NUMBER:		0000950157-19-000456
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		4
CONFORMED PERIOD OF REPORT:	20190410
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20190416
DATE AS OF CHANGE:		20190416

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PG&E Corp
		CENTRAL INDEX KEY:			0001004980
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC & OTHER SERVICES COMBINED [4931]
		IRS NUMBER:				943234914
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12609
		FILM NUMBER:		19751639

	BUSINESS ADDRESS:	
		STREET 1:		77 BEALE STREET
		STREET 2:		P.O. BOX 770000
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94177
		BUSINESS PHONE:		4159731000

	MAIL ADDRESS:	
		STREET 1:		77 BEALE STREET
		STREET 2:		P.O. BOX 770000
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94177

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PG&E CORP
		DATE OF NAME CHANGE:	19961219

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PG&E PARENT CO INC
		DATE OF NAME CHANGE:	19951214

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PACIFIC GAS & ELECTRIC Co
		CENTRAL INDEX KEY:			0000075488
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC & OTHER SERVICES COMBINED [4931]
		IRS NUMBER:				940742640
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-02348
		FILM NUMBER:		19751638

	BUSINESS ADDRESS:	
		STREET 1:		77 BEALE ST
		STREET 2:		P O BOX 770000
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94177
		BUSINESS PHONE:		4159737000

	MAIL ADDRESS:	
		STREET 1:		77 BEALE STREET
		STREET 2:		P O BOX 770000
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94177

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PACIFIC GAS & ELECTRIC CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Cravath, Swaine & Moore LLP
         Document created using EDGARfilings PROfile 5.1.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body style="font-family: &quot;Times New Roman&quot;; font-size: 10pt;" bgcolor="#ffffff" text="#000000">
  <div>
    <hr style="border: none; border-bottom: 1px solid black; border-top: 4px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"></div>
  <div><br>
  </div>
  <div>
    <div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">SECURITIES AND EXCHANGE COMMISSION</font></div>
    <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Washington, D.C. 20549</font></div>
    <div><br>
    </div>
    <div>
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold; font-size: 18pt;"><font style="font-family: &quot;Times New Roman&quot;;">FORM 8-K</font></div>
    <div style="text-align: center;"><br>
    </div>
    <div>
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">CURRENT REPORT</font></div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</font></div>
    <div><br>
    </div>
    <div>
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
    <div><br>
    </div>
    <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Date of Report:&#160; April 10, 2019</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(Date of earliest event reported)</font></div>
    <div><br>
    </div>
    <div>
      <hr style="height: 2px; width: 15%; color: #000000; background-color: #000000; text-align: center; margin-left: auto; margin-right: auto; border: none;" align="center" noshade="noshade"></div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="zfb844f5018254a6bbe626273fe7f72fa" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Commission File Number</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Exact Name of Registrant</font></div>
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">as specified in its charter</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">State or Other Jurisdiction of</font></div>
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;"> Incorporation or Organization</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: bottom; padding-bottom: 2px;">&#160;</td>
          <td style="width: 23%; vertical-align: bottom; border-bottom: 2px solid rgb(0, 0, 0);">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">IRS Employer</font></div>
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Identification Number</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">1-12609</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">PG&amp;E CORPORATION</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">California</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">94-3234914</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">1-2348</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">PACIFIC GAS AND ELECTRIC COMPANY</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">California</font></div>
          </td>
          <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
          <td style="width: 23%; vertical-align: top;">
            <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman';">94-0742640</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z48af1fcac60643bd9ed4aeb3ed41460a" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 49%; vertical-align: top; text-align: center;"><img src="image00001.jpg"></td>
            <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
            <td style="width: 49%; vertical-align: bottom; text-align: center;"><img src="image00002.jpg"></td>
          </tr>
          <tr>
            <td style="width: 49%; vertical-align: top;">
              <div style="text-align: center; font-family: &quot;Times New Roman&quot;; font-size: 10pt; font-weight: bold;">77 Beale Street</div>
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">P.O. Box 770000</font></div>
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">San Francisco, California 94177</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">&#160;(Address of principal executive offices) (Zip Code)</font></div>
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">(415) 973-1000</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">(Registrant&#8217;s telephone number, including area code)</font></div>
            </td>
            <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
            <td style="width: 49%; vertical-align: top;">
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">77 Beale Street</font></div>
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">P.O. Box 770000</font></div>
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">San Francisco, California 94177</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">(Address of principal executive offices) (Zip Code)</font></div>
              <div style="text-align: center; font-weight: bold;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">(415) 973-7000</font></div>
              <div style="text-align: center;"><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">(Registrant&#8217;s telephone number, including area code)</font></div>
            </td>
          </tr>

      </table>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <div style="text-align: left; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">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 (see General Instruction A.2. below):</div>
      <div><br>
      </div>
      <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="za0da82c597d242b0846a5a7d790e9d49" border="0" cellpadding="0" cellspacing="0">

          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
            </td>
            <td style="width: 96%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 96%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
            </td>
            <td style="width: 96%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 96%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
            </td>
            <td style="width: 96%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)</font></div>
            </td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">&#160;</td>
            <td style="width: 96%; vertical-align: top;">&#160;</td>
          </tr>
          <tr>
            <td style="width: 4%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
            </td>
            <td style="width: 96%; vertical-align: top;">
              <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></div>
            </td>
          </tr>

      </table>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933
          (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</font></div>
    </div>
  </div>
  <div><br>
  </div>
  <div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z8c6f46a9109146818421c7eb57a742d2" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 20%; vertical-align: top;">
            <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Emerging growth company</div>
          </td>
          <td style="width: 20%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">PG&amp;E Corporation</font></div>
          </td>
          <td style="width: 56%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 20%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Emerging growth company</font></div>
          </td>
          <td style="width: 20%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pacific Gas and Electric Company</font></div>
          </td>
          <td style="width: 56%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
        with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.</font></div>
    <div><br>
    </div>
    <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="z6796a64835c94aec892688480d5d0750" border="0" cellpadding="0" cellspacing="0">

        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 20%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">PG&amp;E Corporation</font></div>
          </td>
          <td style="width: 76%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
          </td>
        </tr>
        <tr>
          <td style="width: 4%; vertical-align: top;">&#160;</td>
          <td style="width: 20%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pacific Gas and Electric Company</font></div>
          </td>
          <td style="width: 76%; vertical-align: top;">
            <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">&#9744;</font></div>
          </td>
        </tr>

    </table>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <hr style="border: none; border-bottom: 4px solid black; border-top: 1px solid black; height: 10px; color: #ffffff; background-color: #ffffff; text-align: center; margin-left: auto; margin-right: auto;" align="center"></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after: always;">
        <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #bfbfbf; background-color: #bfbfbf;" noshade="noshade"></div>
    </div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div>
      <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
        Officers.</div>
      <div><br>
      </div>
      <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Appointment of New CEO and New Utility Director</u></font></font> </div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">On April 10, 2019, the Board of Directors (the &#8220;Board&#8221;) of PG&amp;E Corporation (the &#8220;Corporation&#8221;) formally appointed William D. Johnson
          as the new Chief Executive Officer and President of the Corporation, effective May 1, 2019. Also on April 10, 2019, the Board of Pacific Gas and Electric Company (the &#8220;Utility&#8221;) voted to appoint Mr. Johnson to the Utility&#8217;s Board, effective May
          1, 2019. <br>
        </font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Mr. Johnson, 65, is concluding a six-year tenure as President and Chief Executive Officer of the Tennessee Valley Authority.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">In connection with Mr. Johnson&#8217;s appointment as Chief Executive Officer and President of the Corporation, on April 10, 2019, the
          independent members of the Board of the Corporation approved certain terms and conditions of Mr. Johnson&#8217;s employment, as described below, to be effective upon commencement of employment. The terms and conditions of Mr. Johnson&#8217;s compensation
          arrangements are subject to the approval of the U.S. Bankruptcy Court for the Northern District of California, where the Chapter 11 cases of the Corporation and the Utility are pending (the &#8220;Chapter 11 Cases&#8221;).</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">During the three-year employment commitment, Mr. Johnson will receive a base salary of $2.5 million annually. Mr. Johnson will also
          receive a one-time transition payment of $3 million on the first day of his employment, which is subject to claw-back in the event Mr. Johnson resigns or is terminated for cause within 12 months of his start date. Mr. Johnson will be eligible for
          the Corporation&#8217;s standard relocation policy for expenses relating to moving to California.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">In addition, Mr. Johnson will receive the following equity incentive compensation:</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic;"><u>RSUs and PRSUs</u></font>. Mr. Johnson will receive
          an annual equity award with a target value of $3.5 million, with 25% of such award consisting of time-based restricted stock units (&#8220;RSUs&#8221;) and 75% of such award consisting of performance-based restricted stock units (&#8220;PRSUs&#8221;). The number of RSUs
          or PRSUs to be awarded initially will be determined based on the volume-weighted average price of shares of PG&amp;E Corporation common stock on the New York Stock Exchange for the 15 consecutive trading days immediately preceding April 3, 2019,
          the date Mr. Johnson&#8217;s appointment was announced.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Each award of RSUs will vest in three equal installments on each of the first three anniversaries of the date of the grant. Each award of
          PRSUs will be subject to performance-based vesting conditions.&#160; The first annual award of PRSUs will have a performance period starting on the first date of Mr. Johnson&#8217;s employment and ending December 31, 2019.&#160; The second and third annual
          awards of PRSUs will have one-year performance periods ending on December 31, 2020 and 2021, respectively.&#160; Each annual award of PRSUs will vest, if at all, following the end of the applicable performance period upon certification by the
          Compensation Committee (the &#8220;Compensation Committee&#8221;) of the Board of the Corporation of the extent to which performance goals have been attained for such performance period.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Each annual grant of PRSUs will be comprised of 65% of awards subject to safety-based performance conditions, 25% of awards subject to
          financial-based performance conditions and 10% of awards subject to customer-based performance conditions. Each PRSU performance metric will have a threshold, target and maximum level of performance used to arrive at a score ranging from 0% to
          150% of Mr. Johnson&#8217;s target payout for such measure, with performance at target and maximum levels resulting in 100% and 150% of target payout, respectively. For safety-based performance metrics, performance below target level will result in 0%
          of target payout. For financial- and customer-based performance metrics, performance at threshold will result in 50% of target payout, with performance below threshold level resulting in 0% of target payout.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">All RSUs and PRSUs are subject to claw-back under the Corporation&#8217;s recoupment policy.</font></div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #bfbfbf; background-color: #bfbfbf;" noshade="noshade"></div>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
    </div>
    <div>
      <div style="text-align: left; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic;"><u>Stock Options</u></font>. Additionally, on the first day of his
        employment, Mr. Johnson will receive a one-time grant of three tranches of performance-based stock options, payable in cash or shares at Mr. Johnson&#8217;s option, as follows: (i) tranche 1 consists of a maximum 1.2 million options (i.e. 800,000 options
        at target level performance) with an exercise price of $25.00 per share exercisable until the fourth anniversary of the grant date, (ii) tranche 2 consists of a maximum 1.5 million options (i.e. 1 million options at target level performance) with
        an exercise price of $40.00 per share exercisable until the fourth anniversary of the grant date, and (iii) tranche 3 consists of a maximum 1.6 million options (i.e. approximately 1.1 million options at target level performance) with an exercise
        price of $50.00 per share exercisable until the fifth anniversary of the grant date, in each case subject to forfeiture if Mr. Johnson is terminated for cause. Each tranche of stock options will be subject to performance-based vesting conditions
        and will be divided into three equal installments.&#160; The first installment of each tranche will have a performance period starting on the grant date and ending December 31, 2019.&#160; The second and third installments of each tranche will have one-year
        performance periods ending on December 31, 2020 and 2021, respectively. Each installment of each tranche of options will vest, if at all, following the end of the applicable performance period upon certification by the Compensation Committee of the
        extent to which performance goals have been attained for such performance period.</div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Each tranche of stock options will be comprised of 65% of awards subject to safety-based performance conditions, 25% of awards subject to
          financial-based performance conditions and 10% of awards subject to customer-based performance conditions. Each performance metric will have a threshold, target and maximum level of performance used to arrive at a score ranging from 0% to 150% of
          Mr. Johnson&#8217;s target payout for such measure, with performance at target and maximum levels resulting in 100% and 150% of target payout, respectively. For safety-based performance metrics, performance below target level will result in 0% of
          target payout. For financial- and customer-based performance metrics, performance at threshold will result in 50% of target payout, with performance below threshold level resulting in 0% of target payout.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">All stock options are subject to claw-back under the Corporation&#8217;s recoupment policy.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-style: italic;"><u>Severance Payments</u></font>. Mr. Johnson is also
          eligible for severance payments if his employment is terminated by the Corporation other than for cause. If a termination other than for cause occurs in 2019, a portion of Mr. Johnson&#8217;s initial award of RSUs and PRSUs will vest proportionally
          based on the number of months that Mr. Johnson was employed divided by the total number of months in the performance period for such award, and Mr. Johnson will be entitled to a cash payment of $2.5 million. If a termination other than for cause
          occurs in any year during the remainder of Mr. Johnson&#8217;s employment term, a portion of Mr. Johnson&#8217;s award of RSUs and PRSUs for such year will vest based on achievement of performance metrics for PRSUs granted for the prior year, and Mr. Johnson
          will be entitled to a cash payment of $2.5 million. Notwithstanding the foregoing, any severance payments to be made to Mr. Johnson during the pendency of the Chapter 11 Cases shall be subject to the provisions of the United States Bankruptcy
          Code.</font></div>
      <div><br>
      </div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Mr. Johnson&#8217;s equity incentive compensation will be subject to anti-dilution provisions upon a spin-off to shareholders and in connection
          with a rights offering to shareholders or other transactions in which shareholders are subject to the same anti-dilution protections as Mr. Johnson.</font></div>
      <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';"> <br>
        </font></div>
      <div style="text-align: left; text-indent: 36pt;">
        <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">There are no arrangements or understandings between Mr. Johnson and other persons pursuant to which Mr. Johnson was appointed director of the Utility&#8217;s Board. Mr.
          Johnson does not have any relationship or related transaction with the Utility that would require disclosure pursuant to Item 404(a) of Securities and Exchange Commission Regulation S-K.</div>
        <font style="font-size: 10pt; font-family: 'Times New Roman';"> </font></div>
    </div>
    <div><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u> <br>
          </u></font></font></div>
    <div> <font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman';"><u>Other Matters</u></font></font>
      <div>
        <div><br>
        </div>
        <div style="text-align: left; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">In connection with the previously announced resignation of Steven E. Malnight, Senior Vice President, Energy Supply and Policy of the Utility, James
          M. Welsch assumed certain of the executive responsibilities previously held by Mr. Malnight, effective April 13, 2019, and succeeded Mr. Malnight as a principal executive officer of the Utility. Effective as of April 13, 2019, the role of
          principal executive officer of the Utility is jointly held by Mr. Welsch, Michael A. Lewis (Senior Vice President, Electric Operations) and Jesus Soto, Jr. (Senior Vice President, Gas Operations).</div>
        <div><br>
        </div>
      </div>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #bfbfbf; background-color: #bfbfbf;" noshade="noshade"></div>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div>
        <div style="text-align: left; text-indent: 36pt; font-family: 'Times New Roman'; font-size: 10pt;">Mr. Welsch currently is Vice President, Nuclear Generation and Chief Nuclear Officer of the Utility. Mr. Welsch first joined the Utility in 1984 and
          served in various leadership roles at the Diablo Canyon Power Plant, including Station Director, Operations Services Director, Operations Manager, Operations Shift Manager, Control Room Supervisor and Shift Engineer, prior to becoming Vice
          President, Nuclear Generation and Chief Nuclear Officer.</div>
        <div style="text-align: left;"><br>
        </div>
        <div><br>
        </div>
        <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.</font></div>
        <div><br>
        </div>
        <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">On April 10, 2019, the Board of the Corporation approved an amendment to the Corporation&#8217;s Restated Articles of Incorporation (the
            &#8220;Charter Amendment Proposal&#8221;) and authorized the submission of that amendment to the Corporation&#8217;s shareholders at the Corporation&#8217;s 2019 annual meeting of shareholders (the &#8220;2019 annual meeting&#8221;). The Charter Amendment Proposal, if adopted by
            the Corporation&#8217;s shareholders at the 2019 annual meeting, would increase the Corporation&#8217;s maximum number of authorized directors from 13 to 14 and increase the minimum authorized number of directors from 7 to 8.</font></div>
        <div><br>
        </div>
        <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">In connection with the submission of the Charter Amendment Proposal for shareholder approval, also on April 10, 2019, the Board of the
            Corporation amended the Corporation&#8217;s Bylaws to remove references to the maximum and minimum number of directors, which will be as set forth in the Corporation&#8217;s Restated Articles of Incorporation. The Bylaw amendment also provides that any
            reduction of the authorized number of directors would not have the effect of removing any director before that director&#8217;s term of office expires.</font></div>
        <div><br>
        </div>
        <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">The text of the amendment to the Corporation&#8217;s Bylaws is attached to this report as Exhibit 99.1.</font></div>
        <div><br>
        </div>
        <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Item 9.01 Financial Statements and Exhibits.</font></div>
        <div><br>
        </div>
        <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" id="zc1bcd49dca9644f796f6f7d7d071d509" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 12%; vertical-align: top;">
                <div style="text-align: left;"><font style="font-size: 10pt; font-family: 'Times New Roman';">(d) Exhibits</font></div>
              </td>
              <td style="width: 88%; vertical-align: top;">&#160;</td>
            </tr>

        </table>
        <div><br>
        </div>
        <table style="font-family: 'Times New Roman'; font-size: 10pt; width: 100%; border-collapse: collapse;" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 10%; vertical-align: top; border-bottom: 2px solid rgb(0, 0, 0);">
                <div style="text-align: left; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Exhibit</font></div>
                <div style="text-align: left; font-weight: bold;"><font style="font-size: 10pt; font-family: 'Times New Roman';">No.</font></div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top; padding-bottom: 2px;">&#160;</td>
              <td style="width: 88%; vertical-align: bottom; text-align: left; border-bottom: 2px solid rgb(0, 0, 0); font-weight: bold;">
                <div><font style="font-size: 10pt; font-family: &quot;Times New Roman&quot;;">Description</font></div>
              </td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">&#160;</td>
              <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
              <td style="width: 88%; vertical-align: top;">&#160;</td>
            </tr>
            <tr>
              <td style="width: 10%; vertical-align: top;">
                <div style="text-align: left;"><a href="ex99-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman';">Exhibit 99.1</font></a></div>
              </td>
              <td colspan="1" style="width: 2%; vertical-align: top;">&#160;</td>
              <td style="width: 88%; vertical-align: top;">
                <div style="text-align: left;"><a href="ex99-1.htm"><font style="font-size: 10pt; font-family: 'Times New Roman';">Text of the
                      amendment to the Bylaws of PG&amp;E Corporation</font></a></div>
              </td>
            </tr>

        </table>
        <div><br>
        </div>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
        <div id="DSPFPageBreak" style="page-break-after: always;">
          <hr style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #bfbfbf; background-color: #bfbfbf;" noshade="noshade"></div>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div>
        <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">SIGNATURES</div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their
            behalf by the undersigned thereunto duly authorized.</font></div>
        <div><br>
        </div>
        <div><br>
        </div>
        <div>
          <table style="width: 100%; border-collapse: separate; font-family: 'Times New Roman'; font-size: 10pt;" border="0" cellpadding="0" cellspacing="0">

              <tr>
                <td style="width: 50%;" valign="top">&#160;</td>
                <td colspan="2" style="width: 38%;" valign="top">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PG&amp;E CORPORATION</div>
                </td>
                <td style="width: 12%;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%;" valign="top">&#160;</td>
                <td style="width: 3%;" valign="top">&#160;</td>
                <td style="width: 35%;" valign="top">&#160;</td>
                <td style="width: 12%;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 50%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 3%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 35%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 12%;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%; padding-bottom: 2px;" align="left" valign="top">
                  <div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left">Date:&#160; April 16, 2019<br>
                  </div>
                </td>
                <td style="width: 3%; padding-bottom: 2px;" valign="top">
                  <div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left">By: </div>
                </td>
                <td style="width: 35%; border-bottom: 2px solid rgb(0, 0, 0);" align="left" valign="top">
                  <div style="text-align: left; font-family: &quot;Times New Roman&quot;; font-size: 10pt;">/s/ LINDA Y.H. CHENG</div>
                </td>
                <td style="width: 12%; padding-bottom: 2px;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%;" valign="top">&#160;</td>
                <td style="width: 3%;" valign="top">&#160;</td>
                <td style="width: 35%;" align="left" valign="bottom">Name:&#160; LINDA Y.H. CHENG<br>
                </td>
                <td style="width: 12%;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td style="width: 50%;" valign="top">&#160;</td>
                <td style="width: 3%;" valign="top">&#160;</td>
                <td style="width: 35%;" valign="top">
                  <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt;">Title:&#160;&#160;&#160; Vice President, Corporate Governance and<br>
                  </div>
                </td>
                <td style="width: 12%;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 50%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 3%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 35%;" valign="top">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Corporate Secretary</td>
                <td rowspan="1" style="width: 12%;" valign="top">&#160;</td>
              </tr>
              <tr>
                <td rowspan="1" style="width: 50%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 3%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 35%;" valign="top">&#160;</td>
                <td rowspan="1" style="width: 12%;" valign="top">&#160;</td>
              </tr>

          </table>
        </div>
      </div>
      <div><br>
      </div>
      <div><br>
      </div>
      <div>
        <table style="width: 100%; border-collapse: separate; font-family: 'Times New Roman'; font-size: 10pt;" border="0" cellpadding="0" cellspacing="0">

            <tr>
              <td style="width: 50%;" valign="top">&#160;</td>
              <td colspan="2" style="width: 38%;" valign="top"><strong></strong>
                <div style="text-align: left; font-family: 'Times New Roman'; font-size: 10pt; font-weight: bold;">PACIFIC GAS AND ELECTRIC COMPANY</div>
              </td>
              <td style="width: 12%;" valign="top">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%;" valign="top">&#160;</td>
              <td style="width: 3%;" valign="top">&#160;</td>
              <td style="width: 35%;" valign="top">&#160;</td>
              <td style="width: 12%;" valign="top">&#160;</td>
            </tr>
            <tr>
              <td rowspan="1" style="width: 50%;" valign="top">&#160;</td>
              <td rowspan="1" style="width: 3%;" valign="top">&#160;</td>
              <td rowspan="1" style="width: 35%;" valign="top">&#160;</td>
              <td rowspan="1" style="width: 12%;" valign="top">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%; padding-bottom: 2px;" align="left" valign="top">
                <div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left">Date:&#160; April 16, 2019<br>
                </div>
              </td>
              <td style="width: 3%; padding-bottom: 2px;" valign="top">
                <div style="margin-left: 0pt; text-indent: 0pt; margin-right: 0pt;" align="left">By: </div>
              </td>
              <td style="width: 35%; border-bottom: #000000 2px solid;" align="left" valign="top">/s/ LINDA Y.H. CHENG</td>
              <td style="width: 12%; padding-bottom: 2px;" valign="top">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%;" valign="top">&#160;</td>
              <td style="width: 3%;" valign="top">&#160;</td>
              <td style="width: 35%;" align="left" valign="bottom">Name:&#160; LINDA Y.H. CHENG</td>
              <td style="width: 12%;" valign="top">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%;" valign="top">&#160;</td>
              <td style="width: 3%;" valign="top">&#160;</td>
              <td style="width: 35%;" valign="top">Title:&#160;&#160;&#160; Vice President, Corporate Governance and</td>
              <td style="width: 12%;" valign="top">&#160;</td>
            </tr>
            <tr>
              <td style="width: 50%;" valign="top">&#160;</td>
              <td style="width: 3%;" valign="top">&#160;</td>
              <td style="width: 35%;" valign="top">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Corporate Secretary</td>
              <td style="width: 12%;" valign="top">&#160;</td>
            </tr>

        </table>
      </div>
      <div><br>
      </div>
    </div>
    <div><br>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>AMENDMENT TO BYLAWS OF PG&E CORPORATION
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: Cravath, Swaine & Moore LLP
         Document created using EDGARfilings PROfile 5.1.0.0
         Copyright 1995 - 2019 Broadridge -->
  </head>
<body style="font-family: 'Times New Roman'; font-size: 10pt;" bgcolor="#ffffff" text="#000000">
  <div style="text-align: right;"><font style="font-weight: bold;">Exhibit 99.1</font><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div><br>
  </div>
  <div>
    <div style="text-align: center; font-family: 'Times New Roman'; font-size: 10pt;">Amendment to Bylaws of PG&amp;E Corporation</div>
    <div><br>
    </div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Article II.</font></div>
    <div style="text-align: center;"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">DIRECTORS.</font></div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-align: left; text-indent: 36pt;"><font style="font-size: 10pt; font-family: 'Times New Roman';">1.</font><font style="text-indent: 0px; font-size: 5.14pt;" id="TRGRRTFtoHTMLTab">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 10pt;
        font-family: 'Times New Roman';"><font style="font-size: 10pt; font-family: 'Times New Roman'; font-weight: bold;">Number</font>.&#160; <font style="font-size: 10pt; font-family: 'Times New Roman'; color: #FF0000;"><strike>As stated in paragraph I of
            Article Third of this Corporation&#8217;s Articles of Incorporation, the Board of Directors of this Corporation shall consist of such number of directors, not less than seven&#160;(7)&#160;nor more than thirteen (13).</strike></font> The exact number of
        directors shall be <font style="font-size: 10pt; font-family: 'Times New Roman'; color: #FF0000;"><strike>thirteen&#160;(13) until changed,</strike></font> within the limits specified <font style="font-size: 10pt; font-family: 'Times New Roman';
          color: #FF0000;"><font style="color: rgb(0, 112, 192);"><u style="border-bottom: 1px solid;">in the Articles of Incorporation</u></font><strike> above</strike><font style="color: rgb(0, 112, 192);"><u style="border-bottom: 1px solid;">, </u></font><strike>by</strike></font></font><font style="color: rgb(0, 112, 192);"><u style="border-bottom: 1px solid;">fixed from time to time by a resolution duly adopted by the Board of Directors</u></font><font style="font-size: 10pt; font-family: 'Times New Roman';"><font style="font-size:
          10pt; font-family: 'Times New Roman'; color: #FF0000;"><strike> or an amendment to this Bylaw duly adopted by the Board of Directors or the shareholders</strike><font style="color: rgb(0, 112, 192);"><u style="border-bottom: 1px solid;">. No
              reduction of the authorized number of directors shall have the effect of removing any director before that director&#8217;s term of office expires.</u></font></font></font></div>
    <div><br>
    </div>
    <div><br>
    </div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>image00001.jpg
<TEXT>
begin 644 image00001.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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M_E3?X'3AZ7MZL**^U)+Y-ZO[CJ?B>@C\27:*,!1;@#T M8 *Y<$[T(-_WO\
MTJ1Z6:JV,J);+D_]-P/7_@E_R";C_K[;_P!$PUX^8_Q8_P"#]6?39'_N\_\
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M!$&0IYVEF!(YVU?LK?&[$.JV[4XWL=#X)\=IXL,D$D7V:Y@4,5#;E92=N5)
M((;@J1W!R:SG#DUZ&E.ISZ;-$NL_$&QTJY:PACFOKI,[X[=-VS')#-GJ!]X
M''0X-"@VK[+S"551?*KM]D:/A7QA9^+$=K4/')!@21R !ANSM(()# X(R#D$
M8(%*4'#<J$U/;2W0PO&/CY_"]W%90VXNI)8]Y&\J1EBJJ $8DM@_H*J$.9-M
MV(J5/9M)*YGV'C[6+RYBMVTF:)99%0R-YH5 Q +$F$#"CDY(Z4W!)7YE_7S)
M563:7(U]_P#D>JR2+$A=R%5069CP  ,DD]@!R:P.K8\@NOBLTLDBZ18RWD4
M+/,2RJ%'\>%1BJ\$@L1D<XKH]E;XG8Y'6_DBVEUV.S\'>+HO%MN\J1F"2!@L
MD9(8?,,JRL ,A@#U ((_&LYPY'8VA-379H["LS4* "@ H * "@ H * #I0!1
MBU.UFN&LXY8WG1=[1JP9E7(&6 SMY(X.":=FM175[)ZG+MXKN/[:_L:.SE:+
M< ;HEA&/W>]C]S!Q]T?/R?RJ^7W>:_R,N=\W(H_,[85F;!0 4 % 'RS\:?\
MD.1_]><7_HV>OJLO_@O_ !O\HGYYG?\ O,?^O4?_ $J9Y%7KGRX4#/J+X,:7
M]DTF2]88:\F.#ZQQ?(O_ (^9*^6S"?-54%M%?B]?RL?H>2TO9T'5>\Y?A'1?
MCS'COQ2X\2WG_;#_ -)8:]C!?[O#_M[_ -*D?+YK_OE7_MS_ --Q/7?@E_R"
M;C_K[;_T3#7D9C_%C_@_5GTN1_[O/_KX_P#TF!Z#XQO_ .S='N[@<,(65?\
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8 % !0 4 % !0 4 % !0 4 % !0 4 ?_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>image00002.jpg
<TEXT>
begin 644 image00002.jpg
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M 0$! 0$! 0        $" P0%!@<("0H+$  " 0,# @0#!04$!    7T! @,
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MO_!,?[=7_/E_^!__ &I[XC;U#=,@'\Q7@[:'V*=U<=2&% !0 4 % !0 4 %
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M"9F>0'!14!P<'J=VWD<Y(%3RN]NQ7,K7(8/'5C?6]X9$N+62P0F>)U59E!R
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M000A7=G;USCMC.>!S4VZ%WTOT.6T_P"(%G?7,%L8+J 7N?LTDL:JDN.XPY8
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M_A);;_GG=?\ @)<?_&Z/92[Q_P# H_YA[>/:?_@N?^0?\)+;?\\[K_P$N/\
MXW1[*7>/_@4?\P]O'M/_ ,%S_P @_P"$EMO^>=U_X"7'_P ;H]E+O'_P*/\
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M_A);;_GG=?\ @)<?_&Z/92[Q_P# H_YA[>/:?_@N?^0?\)+;?\\[K_P$N/\
MXW1[*7>/_@4?\P]O'M/_ ,%S_P B6#7[>XD6)$N0SG +6TZJ"?5F0*H]R0*3
MIN*O>.G]Z+_)E1K1DU%*>O>$DOO:LC;K$Z1#0 M PH$% !0 4 % !0 4 % !
@0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?_]D!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
