<SEC-DOCUMENT>0000899140-22-000456.txt : 20220411
<SEC-HEADER>0000899140-22-000456.hdr.sgml : 20220411
<ACCEPTANCE-DATETIME>20220408191111
ACCESSION NUMBER:		0000899140-22-000456
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20220407
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
FILED AS OF DATE:		20220411
DATE AS OF CHANGE:		20220408

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MUELLER INDUSTRIES INC
		CENTRAL INDEX KEY:			0000089439
		STANDARD INDUSTRIAL CLASSIFICATION:	ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS [3350]
		IRS NUMBER:				250790410
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-06770
		FILM NUMBER:		22818227

	BUSINESS ADDRESS:	
		STREET 1:		SUITE 100
		STREET 2:		150 SCHILLING BOULEVARD
		CITY:			COLLIERVILLE
		STATE:			TN
		ZIP:			38017
		BUSINESS PHONE:		(901)753-3200

	MAIL ADDRESS:	
		STREET 1:		SUITE 100
		STREET 2:		150 SCHILLING BOULEVARD
		CITY:			COLLIERVILLE
		STATE:			TN
		ZIP:			38017

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHARON STEEL CORP
		DATE OF NAME CHANGE:	19910103
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>m040722a.htm
<DESCRIPTION>FORM 8-K
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: asdf
         Document created using EDGARfilings PROfile 7.7.0.0
         Copyright 1995 - 2022 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">UNITED STATES</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION<br>
      Washington, D.C. 20549</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">FORM 8-K</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;">Date of Report (Date of earliest event reported):<font style="font-size: 8pt;">&#160;</font><u>April 6, 2022</u></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;"><font style="font-size: 18pt; font-weight: bold;"><u>MUELLER INDUSTRIES, INC.</u></font><br>
      (Exact name of registrant as specified in its charter)</div>
    <div><br>
    </div>
    <table cellspacing="0" cellpadding="0" id="zb4cabfbc187f45d49c0e667bb848abe3" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 25.56%; vertical-align: top; border-bottom: 2px solid black;" colspan="2">
            <div style="font-size: 12pt; font-weight: bold;">Delaware</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 24.44%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">1-6770</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;">&#160;</td>
          <td style="width: 25.56%; vertical-align: top; border-bottom: 2px solid black;" colspan="2">
            <div style="font-size: 12pt; font-weight: bold;">25-0790410</div>
          </td>
        </tr>
        <tr>
          <td style="width: 25.56%; vertical-align: top;" colspan="2">
            <div style="font-size: 12pt;">(State or other</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 24.44%; vertical-align: top;">
            <div style="text-align: center; font-size: 12pt;">(Commission File</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;">&#160;</td>
          <td style="width: 25.56%; vertical-align: top;" colspan="2">
            <div style="font-size: 12pt;">(IRS Employer</div>
          </td>
        </tr>
        <tr>
          <td style="width: 25.56%; vertical-align: top;" colspan="2">
            <div style="font-size: 12pt;">jurisdiction of</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 24.44%; vertical-align: top;">
            <div style="text-align: center; font-size: 12pt;">Number)</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;">&#160;</td>
          <td style="width: 25.56%; vertical-align: top;" colspan="2">
            <div style="font-size: 12pt;">Identification No.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 25.56%; vertical-align: top;" colspan="2">
            <div style="font-size: 12pt;">incorporation)</div>
          </td>
          <td style="width: 12.22%; vertical-align: top;" colspan="2">&#160;</td>
          <td style="width: 24.44%; vertical-align: top;">&#160;</td>
          <td style="width: 12.22%; vertical-align: top;">&#160;</td>
          <td style="width: 25.56%; vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6.77%; vertical-align: top;">&#160;</td>
          <td style="width: 29.14%; vertical-align: top;" colspan="2">
            <div>&#160;</div>
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">8285 Tournament Drive</div>
          </td>
          <td style="width: 39.48%; vertical-align: top;" colspan="4">&#160;</td>
          <td style="width: 24.62%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6.77%; vertical-align: top;">&#160;</td>
          <td style="width: 29.14%; vertical-align: top;" colspan="2">
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">Suite 150</div>
          </td>
          <td style="width: 39.48%; vertical-align: top;" colspan="4">&#160;</td>
          <td style="width: 24.62%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 6.77%; vertical-align: top;">&#160;</td>
          <td style="width: 29.14%; vertical-align: top; border-bottom: 2px solid black;" colspan="2">
            <div style="text-align: center; font-size: 12pt; font-weight: bold;">Memphis, Tennessee</div>
          </td>
          <td style="width: 39.48%; vertical-align: top;" colspan="4">&#160;</td>
          <td style="width: 24.62%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="font-size: 12pt; font-weight: bold;">38125</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.77%; vertical-align: top;">&#160;</td>
          <td style="width: 68.61%; vertical-align: top;" colspan="6">
            <div style="font-size: 12pt;">(Address of principal executive offices)</div>
          </td>
          <td style="width: 24.62%; vertical-align: top;">
            <div style="font-size: 12pt;">(Zip Code)</div>
            <div>&#160;</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; font-size: 12pt;">Registrant&#8217;s telephone number, including area code:<font style="font-size: 8pt;">&#160;</font><font style="font-weight: bold;"><u>(901) 753-3200</u></font></div>
    <div><br>
    </div>
    <div style="text-align: center; font-size: 12pt;"><font style="font-weight: bold;"><u>Not Applicable</u></font><br>
      (Former name or former address, if changed since last report)</div>
    <div><br>
    </div>
    <div style="margin-top: 2pt; margin-bottom: 6pt; font-size: 12pt;">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:</div>
    <table cellspacing="0" cellpadding="0" id="z7f9e11ff0a664652982e28f4ae253243" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 4.73%; vertical-align: top;">&#160;</td>
          <td style="width: 5.64%; vertical-align: top;">
            <div style="font-family: 'Segoe UI Symbol', sans-serif; font-size: 12pt;">&#9744;</div>
          </td>
          <td style="width: 89.64%; vertical-align: top;">
            <div style="font-size: 12pt;">Written communications pursuant to Rule 425 under the Securities Act<br>
              (17 CFR 230.425)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.73%; vertical-align: top;">&#160;</td>
          <td style="width: 5.64%; vertical-align: top;">
            <div style="font-family: 'Segoe UI Symbol', sans-serif; font-size: 12pt;">&#9744;</div>
          </td>
          <td style="width: 89.64%; vertical-align: top;">
            <div style="font-size: 12pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act<br>
              (17 CFR 240.14a-12)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.73%; vertical-align: top;">&#160;</td>
          <td style="width: 5.64%; vertical-align: top;">
            <div style="font-family: 'Segoe UI Symbol', sans-serif; font-size: 12pt;">&#9744;</div>
          </td>
          <td style="width: 89.64%; vertical-align: top;">
            <div style="font-size: 12pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act<br>
              (17 CFR 240.14d-2(b))</div>
          </td>
        </tr>
        <tr>
          <td style="width: 4.73%; vertical-align: top;">&#160;</td>
          <td style="width: 5.64%; vertical-align: top;">
            <div style="font-family: 'Segoe UI Symbol', sans-serif; font-size: 12pt;">&#9744;</div>
          </td>
          <td style="width: 89.64%; vertical-align: top;">
            <div style="font-size: 12pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act<br>
              (17 CFR 240.13e-4(c))</div>
          </td>
        </tr>

    </table>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <!--PROfilePageNumberReset%Num%2%- % -%-->
    <div style="font-size: 12pt;"><font style="font-weight: bold;">Item 5.03</font><font style="font-size: 8pt;">&#160;</font><font style="font-weight: bold;">Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.</font></div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">Effective April 6, 2022, the Board of Directors of Mueller Industries, Inc. (the &#8220;Company&#8221;) amended the Company&#8217;s By-laws to delete
      language providing that directors may be removed by action of a majority of the entire Board of Directors. The amendment revises Article III, Section 3 of the Company&#8217;s By-laws to authorize only the Company&#8217;s stockholders, by action of a majority of
      the stockholders, to remove directors.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt; font-size: 12pt;">The foregoing summary is qualified in its entirety by reference to the complete text of the Company&#8217;s Amended and Restated By-Laws, as
      adopted and effective on April 6, 2022, a copy of which is filed herewith as Exhibit 3.1 and incorporated in this Item 5.03 by reference.</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="font-size: 12pt; font-weight: bold;"><u>Exhibits:</u></div>
    <div style="font-size: 12pt;">3.1<font style="font-size: 8pt;">&#160; </font>Amended and Restated By-laws of the Company, effective as of April 6,
      2022.</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 2 -</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">SIGNATURES</div>
    <div style="text-indent: 36pt; margin-bottom: 12pt; font-size: 12pt;">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.</div>
    <table cellspacing="0" cellpadding="0" id="z537f1cb2915d492dbf86f12ac6cb70fe" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 50.54%; vertical-align: top;">&#160;</td>
          <td style="width: 49.46%; vertical-align: top;" colspan="2">
            <div style="font-size: 12pt;">MUELLER INDUSTRIES, INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.54%; vertical-align: top;">&#160;</td>
          <td style="width: 6.94%; vertical-align: top;">&#160;</td>
          <td style="width: 42.52%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50.54%; vertical-align: top;">&#160;</td>
          <td style="width: 6.94%; vertical-align: top;">&#160;</td>
          <td style="width: 42.52%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 50.54%; vertical-align: top;">&#160;</td>
          <td style="width: 6.94%; vertical-align: top;">
            <div style="font-size: 12pt;">By:</div>
          </td>
          <td style="width: 42.52%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="font-size: 12pt;">&#160;/s/ Chris J. Miritello</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.54%; vertical-align: top;">&#160;</td>
          <td style="width: 6.94%; vertical-align: top;">
            <div style="font-size: 12pt;">Name:</div>
          </td>
          <td style="width: 42.52%; vertical-align: top;">
            <div style="font-size: 12pt;">&#160;Chris J. Miritello</div>
          </td>
        </tr>
        <tr>
          <td style="width: 50.54%; vertical-align: top;">&#160;</td>
          <td style="width: 6.94%; vertical-align: top;">
            <div style="font-size: 12pt;">Title:</div>
          </td>
          <td style="width: 42.52%; vertical-align: top;">
            <div style="font-size: 12pt;">Vice President &#8211; Legal &amp; Secretary</div>
          </td>
        </tr>

    </table>
    <div style="text-indent: -252pt; margin-left: 252pt; font-size: 12pt;">Date: April 8, 2022</div>
    <div style="margin-top: 12pt;"><br>
    </div>
    <div id="DSPFPageBreakArea" style="clear: both; margin-top: 10pt; margin-bottom: 10pt;">
      <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 3 -</font></div>
      <div id="DSPFPageBreak" style="page-break-after:always;">
        <hr noshade="noshade" style="margin: 4px 0px; width: 100%; border-width: 0; height: 2px; color: #000000; background-color: #000000; clear: both;"></div>
    </div>
    <div style="text-align: center; font-size: 12pt; font-weight: bold;">Exhibit Index</div>
    <table cellspacing="0" cellpadding="0" id="zc8a3b45b0c1e43b4bf414e1ad9cd4f98" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

        <tr>
          <td style="width: 9.36%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="font-size: 12pt;">Exhibit No.</div>
          </td>
          <td style="width: 90.64%; vertical-align: top; border-bottom: 2px solid black;">
            <div style="font-size: 12pt;">Description</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.36%; vertical-align: top;">
            <div style="font-size: 12pt;">3.1</div>
          </td>
          <td style="width: 90.64%; vertical-align: top;">
            <div style="font-size: 12pt;">Amended and Restated By-laws of the Company, effective as of April 6, 2022.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 9.36%; vertical-align: top;">&#160;</td>
          <td style="width: 90.64%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div><br>
    </div>
  </div>
  <div style="text-align: center;" id="DSPFPageNumberArea"><font style="font-weight: normal; font-style: normal;" id="DSPFPageNumber">- 4 -</font></div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>m040722b.htm
<DESCRIPTION>AMENDED AND RESTATED BY-LAWS
<TEXT>
<html>
  <head>
    <title></title>
    <!-- Licensed to: asdf
         Document created using EDGARfilings PROfile 7.7.0.0
         Copyright 1995 - 2022 Broadridge -->
  </head>
<body bgcolor="#ffffff" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; text-align: left; color: #000000;">
  <div>
    <div style="text-align: center; margin-bottom: 12pt;"><font style="font-weight: bold;">AMENDED AND RESTATED BY-LAWS</font><br>
      <font style="font-weight: bold;">OF</font><br>
      <font style="font-weight: bold;">MUELLER INDUSTRIES, INC.</font><br>
      (Effective as of April 6, 2022)</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE I.<br>
      OFFICES</div>
    <div style="margin-bottom: 12pt;">The registered office of the Corporation shall be in the City of Dover, County of Kent, State of Delaware.&#160; The Corporation also may have
      offices at such other places, within or without the State of Delaware, as the Board of Directors determines from time to time or the business of the Corporation requires.</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE II.<br>
      MEETINGS OF STOCKHOLDERS</div>
    <div style="margin-bottom: 12pt;">Section 1.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Place of Meetings, etc</u>.&#160; Except as otherwise provided in these Amended and Restated
        By-laws (&#8220;By-laws&#8221;), all meetings of the stockholders shall be held at such dates, times and places, within or without the State of Delaware, as shall be determined by a majority of the Entire Board of Directors (as hereinafter defined) and as
        shall be stated in the notice of the meeting or in waivers of notice thereof.&#160; If the place of any meeting is not so fixed, it shall be held at the registered office of the Corporation in the State of Delaware.</div>
    <div style="margin-bottom: 12pt;">Section 2.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Annual Meeting</u>.&#160; The annual meeting of stockholders for the election of directors and
        the transaction of such other business as properly may be brought before the meeting shall be held on such date after the close of the Corporation&#8217;s fiscal year, as a majority of the Entire Board of Directors may from time to time determine.</div>
    <div style="margin-bottom: 12pt;">Section 3.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Special Meetings</u>.&#160; Special meetings of the stockholders, for any purpose or purposes,
        may be called by the Chairman or the Chief Executive Officer and shall be called by the Chairman upon the written request of a majority of the Entire Board of Directors.&#160; The request shall state the date, time, place and purpose or purposes of the
        proposed meeting.</div>
    <div style="margin-bottom: 12pt;">Section 4.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Notice of Meetings</u>.&#160; Except as otherwise required or permitted by law, whenever the
        stockholders are required or permitted to take any action at a meeting, written notice thereof shall be given, stating the place, date and time of the meeting and, unless it is the annual meeting, by or at whose direction it is being issued.&#160; The
        notice also shall designate the place where the stockholders&#8217; list is available for examination, unless the list is kept at the place where the meeting is to be held.&#160; Notice of a special meeting also shall state the purpose or purposes for which
        the meeting is called.&#160; A copy of the notice of any meeting shall be delivered personally or shall be mailed, not less than ten (10) nor more than sixty (60) days before the date of the meeting, to each stockholder of record entitled to vote at the
        meeting.&#160; If mailed, the notice shall be given when deposited in the United States mail, postage prepaid, and shall be directed to each stockholder at his address as it appears on the record of stockholders, unless he shall have filed with the
        Secretary of the Corporation a written request that notices to him be mailed to some other address, in which case it shall be directed to him at the other address.&#160; Notice of any meeting of stockholders shall not be required to be given to any
        stockholder who shall attend the meeting, except for the express purpose of objecting at the beginning thereof to the transaction of any business because the meeting is not lawfully called or convened, or who shall submit, either before or after
        the meeting, a signed waiver of notice.&#160; Unless the Board of Directors, after the adjournment, shall fix a new record date for an adjourned meeting or unless the adjournment is for more than thirty (30) days, notice of an adjourned meeting need not
        be given if the place, date and time to which the meeting shall be adjourned is announced at the meeting at which the adjournment is taken.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="margin-bottom: 12pt;">Section 5.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Quorum</u>.&#160; Except as otherwise provided by law or by the Certificate of Incorporation of
        the Corporation, at all meetings of stockholders the holders of a majority of the outstanding shares of the Corporation entitled to vote at the meeting shall be present in person or by proxy in order to constitute a quorum for the transaction of
        business.</div>
    <div style="margin-bottom: 12pt;">Section 6.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Voting</u>.&#160; Except as otherwise provided by the Certificate of Incorporation of the
        Corporation, at any meeting of the stockholders every stockholder of record having the right to vote thereat shall be entitled to one vote for every share of stock standing in his name as of the record date and entitling him to so vote.&#160; A
        stockholder may vote in person or by proxy. Except as otherwise provided by law or by the Certificate of Incorporation of the Corporation, any corporate action to be taken by a vote of the stockholders, other than the election of directors, shall
        be authorized by the affirmative vote of not less than a majority of the outstanding shares of the Corporation present in person or represented by proxy at a meeting and entitled to vote thereon.&#160; Directors shall be elected as provided in Section&#160;2
        of Article&#160;III of these By-laws. Written ballots shall not be required for voting on any matter unless ordered by the Chairman of the meeting.</div>
    <div style="margin-bottom: 12pt;">Section 7.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Proxies</u>.&#160; Every proxy shall be executed in writing by the stockholder or by his
        attorney-in-fact.</div>
    <div style="margin-bottom: 12pt;">Section 8.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>List of Stockholders</u>.&#160; At least ten (10) days before every meeting of stockholders, a
        list of the stockholders (including their addresses) entitled to vote at the meeting and their record holdings as of the record date shall be open for examination by any stockholder, during ordinary business hours, at a place within the city where
        the meeting is to be held, which place shall be specified in the notice of the meeting, or, if not so specified, at the place where the meeting is to be held.&#160; The list also shall be kept at and throughout the meeting.</div>
    <div style="margin-bottom: 12pt;">Section 9.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Conduct of Meetings</u>.&#160; At each meeting of the stockholders, the Chairman of the Board
        of Directors along with the Chief Executive Officer, or either of them acting individually in the event of the absence of the Chief Executive Officer or Chairman or, in their absence, one of the Vice Chairman, if any, shall act as Chairmen or
        Chairman of the meeting.&#160; The Secretary or, in his absence, any person appointed by the Chairmen or Chairman of the meeting shall act as Secretary of the meeting and shall keep the minutes thereof.&#160; The order of business at all meetings of the
        stockholders shall be as determined by the Chairmen or Chairman of the meeting.</div>
    <div style="margin-bottom: 12pt;">Section 10.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Consent of Stockholders in Lieu of Meeting</u>.</div>
    <div style="text-indent: 54pt; margin-bottom: 12pt;">(A)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font>Unless otherwise provided in the Certificate of Incorporation of the Corporation, any action which may be taken at any annual or special meeting of
        stockholders may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, shall be signed, in person or by proxy, by the holders of outstanding stock having not less than the
        minimum number of votes that would be necessary to authorize or take the action at a meeting at which all shares entitled to vote thereon were present and voted in person or by proxy.&#160; Prompt notice of the taking of the corporate action without a
        meeting by less than unanimous written consent shall be given to those stockholders who have not consented in writing, but who were entitled to vote on the matter.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 54pt; margin-bottom: 12pt;">(B)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font>In order that the Corporation may determine the stockholders entitled to consent to corporate action in writing without a meeting, the Board of
        Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which date shall not be more than ten (10) days after the date upon which the
        resolution fixing the record date is adopted by the Board of Directors.&#160; Any stockholder of record seeking to have the stockholders authorize or take corporate action by written consent shall, by written notice to the Secretary, request the Board
        of Directors to fix a record date.&#160; The Board of Directors shall promptly, but in all events within ten (10) days after the date on which such a request is received, adopt a resolution fixing the record date.&#160; If no record date has been fixed by
        the Board of Directors within ten (10) days of the date on which such a request is received, the record date for determining stockholders entitled to consent to corporate action in writing without a meeting, when no prior action by the Board of
        Directors is required by applicable law, shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the Corporation by delivery to its registered office in the State of Delaware,
        its principal place of business, or any officer or agent of the Corporation having custody of the book in which proceedings of stockholders meetings are recorded, to the attention of the Secretary of the Corporation.&#160; Delivery shall be by hand or
        by certified or registered mail, return receipt requested.&#160; If no record date has been fixed by the Board of Directors and prior action by the Board of Directors is required by applicable law, the record date for determining stockholders entitled
        to consent to corporate action in writing without a meeting shall be at the close of business on the date on which the Board of Directors adopts the resolution taking such prior action.</div>
    <div style="margin-bottom: 12pt;">Section 11.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Notice of Stockholder Business and Nominations.</u></div>
    <div style="text-indent: 52.2pt; margin-bottom: 12pt;">(A)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 19.8pt">&#160;</font>Annual Meetings of Stockholders.</div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;">(1)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 27pt">&#160;</font>Nominations of persons for election to the Board of Directors and the proposal of business to be considered by the stockholders may be made at an
        annual meeting of stockholders (a)&#160;pursuant to the Corporation&#8217;s notice of meeting delivered pursuant to Article II, Section&#160;4 of these By-Laws, (b)&#160;by or at the direction of the Board of Directors or (c)&#160;by any stockholder of the Corporation who
        is entitled to vote at the meeting, who has complied with the notice procedures set forth in clauses&#160;(2) and (3) of this paragraph&#160;(A) and the other requirements of this Section&#160;11 and who was a stockholder of record at the time such notice was
        delivered to the Secretary of the Corporation.</div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;">(2)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 27pt">&#160;</font>For nominations or other business to be properly brought before an annual meeting by a stockholder pursuant to clause (c) of paragraph&#160;(A)(1) of this
        Section&#160;11, the stockholder must have given timely notice thereof in writing to the Secretary of the Corporation.&#160; To be timely, a stockholder&#8217;s notice shall be delivered to the Secretary of the Corporation at the principal executive offices of the
        Corporation not later than the close of business on the one hundred twentieth (120<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) day nor earlier than the close of business on the one hundred fiftieth (150<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) day prior to the first anniversary of the preceding year&#8217;s
        annual meeting; provided, however, that in the event that either (1)&#160;the date of the annual meeting is advanced by more than thirty (30) days or delayed by more than thirty (30) days from such anniversary date or (2)&#160;no annual meeting of
        stockholders was held in the previous year, notice by the stockholder to be timely must be so delivered not earlier than the close of business on the one hundred fiftieth (150<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) day prior to such annual meeting and not later than the
        close of business on the later of (x)&#160;the one hundred twentieth (120<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) day prior to such annual meeting or (y)&#160;the tenth (10<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">th</sup>) day following the day on which public announcement of the date of such meeting is first made.&#160;
        The public announcement of a postponement or adjournment of an annual meeting shall not commence a new time period for the giving of a stockholder&#8217;s notice as described above.&#160; Such stockholder&#8217;s notice shall set forth (a)&#160;as to each person whom
        the stockholder proposes to nominate for election or reelection as a director all information relating to such person that is required to be disclosed in solicitations of proxies for election of directors, or is otherwise required, in each case
        pursuant to Regulation&#160;14A under the Securities Exchange Act of 1934 (the &#8220;Exchange Act&#8221;) (including such person&#8217;s written consent to being named in the proxy statement as a nominee and to serving as a director if elected), or any successor rule or
        regulation; (b)&#160;as to any other business that the stockholder proposes to bring before the meeting, a brief description of the business desired to be brought before the meeting, the reasons for conducting such business at the meeting and any
        material interest in such business of such stockholder and the beneficial owner, if any, on whose behalf the proposal is made; and (c)&#160;as to the stockholder giving the notice and the beneficial owner, if any, on whose behalf the nomination or
        proposal is made (i)&#160;the name and address of such stockholder, as they appear on the Corporation&#8217;s books, and of such beneficial owner and (ii)&#160;the class and number of shares of the Corporation which are owned beneficially and of record by such
        stockholder and such beneficial owner.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;">(3)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 27pt">&#160;</font>Notwithstanding anything in the second sentence of paragraph&#160;(A)(2) of this Section 11 to the contrary, in the event that the number of directors to
        be elected to the Board of Directors is increased and there is no public announcement naming all of the nominees for director or specifying the size of the increased Board of Directors made by the Corporation at least ten (10) days prior to the
        last day a stockholder may deliver a notice of nomination in accordance with Section&#160;11(A)(2), a stockholder&#8217;s notice required by this Section&#160;11 shall also be considered timely, but only with respect to nominees for any new positions created by
        such increase, if it shall be delivered to the Secretary of the Corporation at the principal executive offices of the Corporation not later than the close of business on the tenth (10) day following the day on which such public announcement is
        first made by the Corporation.</div>
    <div style="text-indent: 52.2pt; margin-bottom: 12pt;">(B)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 19.8pt">&#160;</font>Special Meetings of Stockholders. Only such business shall be conducted at a special meeting of stockholders as shall have been brought before the
        meeting pursuant to the Corporation&#8217;s notice of meeting pursuant to Article&#160;II, Section&#160;3 of these By-Laws.&#160; Nominations of persons for election to the Board of Directors may be made at a special meeting of stockholders at which directors are to be
        elected pursuant to the Corporation&#8217;s notice of meeting (a)&#160;by or at the direction of the Board of Directors or (b)&#160;by any stockholder of the Corporation who is entitled to vote at the meeting, who has complied with the notice procedures set forth
        in this Section&#160;11 and who was a stockholder of record at the time such notice was delivered to the Secretary of the Corporation.&#160; Nomination by stockholders of persons for election to the Board of Directors may be made at such a special meeting of
        stockholders if the stockholder&#8217;s notice required by paragraph&#160;(A)(2) of this Section&#160;11 shall have been delivered to the Secretary at the principal executive offices of the Corporation not earlier than the ninetieth (90) day prior to such special
        meeting and not later than the close of business on the later of the sixtieth (60) day prior to such special meeting or the tenth (10) day following the day on which public announcement is first made of the date of the special meeting.</div>
    <div style="text-indent: 52.55pt; margin-bottom: 12pt;">(C)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 19.45pt">&#160;</font>General.</div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;">(1)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 27pt">&#160;</font>Only persons who are nominated in accordance with the procedures set forth in this Section 11 shall be eligible to serve as directors and only such
        business shall be conducted at a meeting of stockholders as shall have been brought before the meeting in accordance with the procedures set forth in this Section&#160;11. Except as otherwise provided by law, the Certificate of Incorporation, as
        amended, or these By-Laws, the chairman of the meeting shall have the power and duty to determine whether a nomination or any business proposed to be brought before the meeting was made in accordance with the procedures set forth in this Section&#160;11
        and, if any proposed nomination or business is not in compliance with this Section&#160;11, to declare that such defective proposal or nomination shall be disregarded.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;">(2)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 27pt">&#160;</font>For purposes of this By-Law, &#8220;public announcement&#8221; shall mean 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&#160;13, 14 or 15(d) of the Exchange Act.</div>
    <div style="text-indent: 72pt; margin-bottom: 12pt;">(3)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 27pt">&#160;</font>Notwithstanding the foregoing provisions of this Section&#160;11, a stockholder 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&#160;11.&#160; Nothing in this Section&#160;11 shall be deemed to affect any rights of stockholders to request inclusion of proposals in the Corporation&#8217;s proxy statement
        pursuant to Rule&#160;14a-8 under the Exchange Act.</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE III.<br>
      BOARD OF DIRECTORS</div>
    <div style="margin-bottom: 12pt;">Section 1.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Number of Board Members</u>.&#160; The Board of Directors shall consist of one (1) or more
        members.&#160; Until such time as the Board of Directors determines otherwise, the number of directors shall be nine (9).&#160; The number of directors may be reduced or increased from time to time by resolution of a majority of the Entire Board of
        Directors, but no decrease may shorten the term of an incumbent director.&#160; When used in these By-laws, the phrase &#8220;Entire Board of Directors&#8221; means the total number of directors which the Corporation would have if there were no vacancies.</div>
    <div style="margin-bottom: 12pt;">Section 2.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Election and Term</u>.&#160; Except as otherwise provided by law or by these By-laws, the
        directors shall be elected at the annual meeting of the stockholders and the persons receiving a plurality of the votes cast shall be so elected.&#160; Subject to his earlier death, resignation or removal as provided in Section&#160;3 of this Article&#160;III,
        each director shall hold office until his successor shall have been duly elected and shall have qualified.</div>
    <div style="margin-bottom: 12pt;">Section 3.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Removal</u>.&#160; A director may be removed by action of a majority of the stockholders.</div>
    <div style="margin-bottom: 12pt;">Section 4.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Resignations</u>.&#160; Any director may resign at any time by giving written notice of his
        resignation to the Corporation.&#160; A resignation shall take effect at the time specified therein or, if the time when it shall become effective shall not be specified therein, immediately upon its receipt, and, unless otherwise specified therein, the
        acceptance of a resignation shall not be necessary to make it effective.</div>
    <div style="margin-bottom: 12pt;">Section 5.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Vacancies</u>.&#160; Any vacancy in the Board of Directors arising from an increase in the
        number of directors or otherwise may be filled by the vote of a majority of the remaining directors on the Board of Directors.&#160; Subject to his earlier death, resignation or removal as provided in Section&#160;3 of this Article&#160;III, each director so
        elected shall hold office until his successor shall have been duly elected and shall have qualified or for the unexpired term of his predecessor, as the case may be.</div>
    <div style="margin-bottom: 12pt;">Section 6.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Place of Meetings</u>.&#160; Except as otherwise provided in these By-laws, all meetings of the
        Board of Directors shall be held at such places, within or without the State of Delaware, as the Board of Directors determines from time to time.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="margin-bottom: 12pt;">Section 7.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Annual Meeting</u>.&#160; The annual meeting of the Board of Directors shall be held either
        (a)&#160;without notice immediately after the annual meeting of stockholders and in the same place, or (b)&#160;as soon as practicable after the annual meeting of stockholders on such date and at such time and place as the Board of Directors determines.</div>
    <div style="margin-bottom: 12pt;">Section 8.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Regular Meetings</u>.&#160; Regular meetings of the Board of Directors shall be held on such
        dates and at such places and times as the Board of Directors determines.&#160; Notice of regular meetings need not be given, except as otherwise required by law.</div>
    <div style="margin-bottom: 12pt;">Section 9.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Special Meetings</u>.&#160; Special meetings of the Board of Directors may be called by the
        Chairman of the Board of Directors or the Chief Executive Officer of the Corporation and shall be called by the Chairman of the Board of Directors, the Chief Executive Officer or the Secretary upon the written request of a majority of the Entire
        Board of Directors.&#160; The request shall state the date, time, place and purpose or purposes of the proposed meeting.</div>
    <div style="margin-bottom: 12pt;">Section 10.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Notice of Meetings</u>.&#160; Notice of each special meeting of the Board of Directors (and of
        each annual meeting held pursuant to subdivision&#160;(b) of Section&#160;7 of this Article&#160;III) shall be given, not later than 48&#160;hours before the meeting is scheduled to commence, by the Chairman of the Board of Directors, the Chief Executive Officer or
        the Secretary and shall state the place, date and time of the meeting. Notice of each meeting may be delivered to a director by hand or given to a director orally (whether by telephone or in person) or mailed or telegraphed to a director at his
        residence or usual place of business, provided, however, that if notice of less than 72&#160;hours is given it may not be mailed.&#160; If mailed, the notice shall be deemed to have been given when deposited in the United States mail, postage prepaid, and if
        telegraphed, the notice shall be deemed to have been given when the contents of the telegram are transmitted to the telegraph service with instructions that the telegram immediately be dispatched.&#160; Notice of any meeting need not be given to any
        director who shall submit, either before or after the meeting, a signed waiver of notice or who shall attend the meeting, except if such director shall attend for the express purpose of objecting at the beginning thereof to the transaction of any
        business because the meeting is not lawfully called or convened.&#160; Notice of any adjourned meeting, including the place, date and time of the new meeting, shall be given to all directors not present at the time of the adjournment, as well as to the
        other directors unless the place, date and time of the new meeting is announced at the adjourned meeting.</div>
    <div style="margin-bottom: 12pt;">Section 11.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Quorum</u>.&#160; A majority of the Entire Board of Directors shall constitute a quorum and be
        sufficient for the transaction of business, and any act of a majority of the Entire Board of Directors at which a quorum is present shall be the act of the Board of Directors.</div>
    <div style="margin-bottom: 12pt;">Section 12.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Conduct of Meetings</u>.&#160; At each meeting of the Board of Directors, the Chairman of the
        Board of Directors or, in his absence, one of the Vice Chairmen shall act as Chairmen or Chairman of the meeting.&#160; The Secretary or, in his absence, any person appointed by the Chairmen or Chairman of the meeting shall act as Secretary of the
        meeting and keep the minutes thereof.&#160; The order of business at all meetings of the Board of Directors shall be as determined by the Chairmen or Chairman of the meeting.</div>
    <div style="margin-bottom: 12pt;">Section 13.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Committees of the Board</u>.&#160; The Board of Directors, by resolution adopted by a majority
        of the Entire Board of Directors, may designate an executive committee and other committees, each consisting of one (1) or more directors.&#160; Each committee (including the members thereof) shall serve at the pleasure of the Board of Directors and
        shall keep minutes of its meetings and report the same to the Board of Directors.&#160; The Board of Directors shall initially have an Audit Committee, with the powers enumerated in Section&#160;14 hereof.&#160; The Board of Directors may designate one or more
        directors as alternate members of any committee.&#160; Alternate members may replace any absent or disqualified member or members at any meeting of a committee.&#160; In addition, in the absence or disqualification of a member of a committee, if no alternate
        member has been designated by the Board of Directors, the members present at any meeting and not disqualified from voting, whether or not they constitute a quorum, may unanimously appoint another member of the Board of Directors to act at the
        meeting in the place of the absent or disqualified member.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-indent: 54pt; margin-bottom: 12pt;">Except as limited by law, each committee, to the extent provided in the resolution establishing it, shall have and may
      exercise all the powers and authority of the Board of Directors with respect to all matters.</div>
    <div style="margin-bottom: 12pt;">Section 14.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Audit Committee</u>.&#160; The Audit Committee shall consist of at least two (2) members of the
        Board of Directors.&#160; The Audit Committee&#8217;s powers shall include, but shall not be limited to, the following: to make recommendations to the Board of Directors regarding the appointment of the Corporation&#8217;s independent accountants; to review and
        approve any major changes in accounting policy; to review the arrangements for, scope and results of the independent audit; to review and approve the scope of non-audit services to be performed by the Corporation&#8217;s independent accountants and to
        consider the possible effect on the independence of the accountants; to review the effectiveness of the Corporation&#8217;s internal auditing procedures and personnel; to review the Corporation&#8217;s policies and procedures for compliance with disclosure
        requirements with respect to conflicts of interest and for prevention of unethical, questionable or illegal payments; and to take such other actions as the Board of Directors shall from time to time so authorize.</div>
    <div style="margin-bottom: 12pt;">Section 15.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Compensation Committee</u>.&#160; The Compensation Committee shall consist of at least two (2)
        members of the Board of Directors.&#160; The Compensation Committee&#8217;s powers shall include, but shall not be limited to the following: to establish compensation policies, to recommend salary levels, salary increases and bonus payments, to grant stock
        options, to provide an overview of the Company&#8217;s compensation programs and to take such other actions as the Board of Directors shall from time to time authorize.</div>
    <div style="margin-bottom: 12pt;">Section 16.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Operation of Committees</u>.&#160; A majority of all the members of a committee shall
        constitute a quorum for the transaction of business, and the vote of a majority of all the members of a committee present at a meeting at which a quorum is present shall be the act of the committee.</div>
    <div style="text-indent: 54pt; margin-bottom: 12pt;">Each committee shall adopt whatever other rules of procedure it determines for the conduct of its activities.</div>
    <div style="margin-bottom: 12pt;">Section 17.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Consent to Action</u>.&#160; Any action required or permitted to be taken at any meeting of the
        Board of Directors or of any committee may be taken without a meeting if all members of the Board of Directors or committee, as the case may be, consent thereto in writing, and the writing or writings are filed with the minutes of proceedings of
        the Board of Directors or committee.</div>
    <div style="margin-bottom: 12pt;">Section 18.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 72pt">&#160;</font><u>Meetings Held Other Than in Person</u>.&#160; Members of the Board of Directors or any
        committee may participate in a meeting of the Board of Directors or committee, as the case may be, by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other,
        and such participation shall constitute presence in person at the meeting.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE IV.<br>
      OFFICERS</div>
    <div style="margin-bottom: 12pt;">Section 1.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Executive Officers, etc</u>.&#160; The executive officers of the Corporation shall be a Chief
        Executive Officer, Chief Financial Officer, a Secretary and a Treasurer.&#160; The Board of Directors also may elect or appoint a President and one or more Vice Presidents (any of whom may be designated as Executive Vice Presidents or otherwise), or any
        other officers it deems necessary or desirable for the conduct of the business of the Corporation, each of whom shall have such powers and duties as the Board of Directors determines.&#160; Any officer may devote less than one hundred percent (100%) of
        his working time to his activities as such if the Board of Directors so approves.</div>
    <div style="margin-bottom: 12pt;">Section 2.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Duties</u>.</div>
    <div style="text-indent: 52.2pt; margin-bottom: 12pt;">(a)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 19.8pt">&#160;</font><u>The Vice President</u>.&#160; The Vice President or, if there
        shall be more than one, the Vice Presidents, if any, in the order of their seniority or in any other order determined by the Board of Directors, shall perform, in the absence of disability of the President (if one is elected), the duties and
        exercise the powers of the President and shall have such other powers and duties as the Chief Executive Officer, or a majority of the Entire Board of Directors assigns to him or to them.</div>
    <div style="text-indent: 52.2pt; margin-bottom: 12pt;">(b)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 19.8pt">&#160;</font><u>The Secretary</u>.&#160; Except as otherwise provided in these
        By-laws or as directed by the Board of Directors, the Secretary shall attend all meetings of the stockholders and the Board of Directors; he shall record the minutes of all proceedings in books to be kept for that purpose; he shall give notice of
        all meetings of the stockholders and special meetings of the Board of Directors; and he shall keep in safe custody the seal of the Corporation and, when authorized by the Board of Directors, he shall affix the same to any corporate instrument. The
        Secretary shall have such other powers and duties as the Board of Directors assigns to him.</div>
    <div style="text-indent: 54pt; margin-bottom: 12pt;">(c)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font><u>The Treasurer</u>.&#160; Subject to the control of the Board of
        Directors, the Treasurer shall have the care and custody of the corporate funds and the books relating thereto; he shall perform all duties incident to the office of Treasurer; and he shall have such other powers and duties as the Board of
        Directors assigns to him.</div>
    <div style="text-indent: 54pt; margin-bottom: 12pt;">(d)<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 18pt">&#160;</font><u>Chief Executive Officer</u>.&#160; Subject to the control of the
        Board of Directors, the Chief Executive Officer shall have general charge and control of the business and affairs of the Corporation.</div>
    <div style="margin-bottom: 12pt;">Section 3.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Election; Removal</u>.&#160; Subject to his earlier death, resignation or removal as
        hereinafter provided, each officer shall hold his office until his successor shall have been duly elected and shall have qualified.&#160; Any officer may be removed at any time, with or without cause, by a majority of the Entire Board of Directors.</div>
    <div style="margin-bottom: 12pt;">Section 4.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Resignations</u>.&#160; Any officer may resign at any time by giving written notice of his
        resignation to the Corporation. A resignation shall take effect at the time specified therein or, if the time when it shall become effective shall not be specified therein, immediately upon its receipt, and, unless otherwise specified therein, the
        acceptance of a resignation shall not be necessary to make it effective.</div>
    <div style="margin-bottom: 12pt;">Section 5.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Vacancies</u>.&#160; If an office becomes vacant for any reason, a majority of the Entire Board
        of Directors may fill the vacancy, and each officer so elected shall serve for the remainder of his predecessor&#8217;s term.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE V.<br>
      PROVISIONS RELATING TO STOCK CERTIFICATES AND STOCKHOLDERS</div>
    <div style="margin-bottom: 12pt;">Section 1.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Certificates</u>.&#160; The shares of stock of the Corporation shall be represented by
        certificates, or shall be uncertificated shares that may be evidenced by a book-entry system maintained by the registrar of such stock, or a combination of both.&#160; To the extent that shares are represented by certificates, such certificates whenever
        authorized by the Board of Directors, shall be in such form as required by law and as approved by the Board of Directors.&#160; Each certificate shall be signed in the name of the Corporation by the Chief Executive Officer, a President or any Vice
        President and by the Secretary, the Treasurer or any Assistant Secretary or any Assistant Treasurer and shall bear the seal of the Corporation or a facsimile thereof.&#160; If any certificate is countersigned by a transfer agent or registered by a
        registrar, other than the Corporation or its employees, the signature of any officer of the Corporation may be a facsimile signature.&#160; In case any officer, transfer agent or registrar who shall have signed or whose facsimile signature was placed on
        any certificate shall have ceased to be such officer, transfer agent or registrar before the certificate shall be issued, it may nevertheless be issued by the Corporation with the same effect as if he were such officer, transfer agent or registrar
        at the date of issue.</div>
    <div style="margin-bottom: 12pt;">Section 2.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Lost Certificates, etc</u>.&#160; The Corporation may issue a new certificate for shares, if
        such shares were certificated, in place of any certificate theretofore issued by it, alleged to have been lost, mutilated, stolen or destroyed, and the Board of Directors may require the owner of the lost, mutilated, stolen or destroyed
        certificate, or his legal representatives, to make an affidavit of that fact and to give the Corporation a bond in such sum as it may direct as indemnity against any claim that may be made against the Corporation on account of the alleged loss,
        mutilation, theft or destruction of the certificate or the issuance of a new certificate.</div>
    <div style="margin-bottom: 12pt;">Section 3.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Transfers of Shares</u>.&#160; Transfers of shares shall be registered on the books of the
        Corporation maintained for that purpose after due presentation, if such shares are certificated, of the stock certificates therefore appropriately endorsed or accompanied by proper evidence of succession, assignment or authority to transfer, or, if
        such shares are uncertificated, upon proper instructions from the registered holder thereof or by such holder&#8217;s attorney thereunto authorized by a power of attorney duly executed and filed with the Secretary of the Corporation or the transfer agent
        for such stock, if any.</div>
    <div style="margin-bottom: 12pt;">Section 4.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Record Date</u>.&#160; For the purpose of determining the stockholders entitled to notice of or
        to vote at any meeting of stockholders or any adjournment thereof, or to express consent to or dissent from any proposal without a meeting, or for the purpose of determining stockholders entitled to receive payment of any dividend or other
        distribution or the allotment of any rights, or for the purpose of any other action, the Board of Directors may fix, in advance, a record date, which shall not be more than sixty (60) nor less than ten (10) days before the date of any such meeting,
        nor more than sixty (60) days prior to any other action.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE VI.<br>
      INDEMNIFICATION</div>
    <div style="margin-bottom: 12pt;">Section 1.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Indemnification</u>.&#160; The Corporation shall, to the fullest extent permitted by the
        General Corporation Law of the State of Delaware, as the same exists or may be hereafter amended or supplemented, or by any successor thereto, indemnify any and all persons whom it shall have power to indemnify under said Law from and against any
        and all of the expenses, liabilities or other matters referred to in or covered by said Law.&#160; Such right of indemnification shall continue as to a person who has ceased to be a director, officer, employee or agent and shall inure to the benefit of
        the heirs, executors and administrators of such person.&#160; No director shall have any personal liability to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, provided that this provision shall not
        eliminate or limit the liability of any director: a)&#160;for any breach of the director&#8217;s duty of loyalty to the Corporation or its stockholders, b)&#160;for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation
        of law, c)&#160;under Section&#160;174 of the Delaware General Corporation Law, or d)&#160;for any transaction from which the director derived an improper personal benefit.&#160; Such right of indemnification shall continue as to a person who has ceased to be a
        director, officer, employee or agent and shall inure to the benefit of the heirs, executors and administrators of such person.&#160; The indemnification provided for herein shall not be deemed exclusive of any other rights to which those seeking
        indemnification may be entitled under the Certificate of Incorporation of the Corporation, any agreement, vote of stockholders or disinterested directors or otherwise.</div>
    <div style="margin-bottom: 12pt;">Section 2.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Insurance</u>.&#160; The Corporation shall have power to purchase and maintain insurance on
        behalf of any person who is or was a director, officer, employee or agent of the Corporation, or is or was serving at the request of the Corporation as a director, officer, employee or agent of another Corporation, partnership, joint venture, trust
        or other enterprise, against any liability asserted against him and incurred by him in any such capacity, or arising out of his status as such, whether or not the Corporation would have the power to indemnify him against such liability under the
        provisions of Section 1 of the By-laws or under Section 145 of the General Corporation Law or any other provision of law.</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE VII.<br>
      GENERAL PROVISIONS</div>
    <div style="margin-bottom: 12pt;">Section 1.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Dividends, etc</u>.&#160; To the extent permitted by law, the Board of Directors shall have
        full power and discretion, subject to the provisions of the Certificate of Incorporation of the Corporation and the terms of any other corporate document or instrument binding upon the Corporation, to determine what, if any, dividends or
        distributions shall be declared and paid or made.</div>
    <div style="margin-bottom: 12pt;">Section 2.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Seal</u>.&#160; The Corporation&#8217;s seal shall be in such form as is required by law and as shall
        be approved by the Board of Directors.</div>
    <div style="margin-bottom: 12pt;">Section 3.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Fiscal Year</u>.&#160; The fiscal year of the Corporation shall be determined by the Board of
        Directors.</div>
    <div style="margin-bottom: 12pt;">Section 4.<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 54pt">&#160;</font><u>Voting Shares in Other Corporations</u>.&#160; Unless otherwise directed by the Board of
        Directors, shares in other Corporations which are held by the Corporation shall be represented and voted only by the Chief Executive Officer or by a proxy or proxies appointed by him.</div>
    <div style="clear: both; margin-top: 10pt; margin-bottom: 10pt;" id="DSPFPageBreakArea">
      <div style="page-break-after: always;" id="DSPFPageBreak">
        <hr noshade="noshade" style="border-width: 0px; clear: both; margin: 4px 0px; width: 100%; height: 2px; color: #000000; background-color: #000000;"></div>
    </div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">ARTICLE VIII.<br>
      AMENDMENTS</div>
    <div style="margin-bottom: 12pt;">By-laws may be adopted, amended or repealed (i)&#160;by a majority of the Entire Board of Directors or (ii)&#160;by the affirmative vote of the
      holders of at least a majority of the voting power of all shares of the Corporation entitled to vote generally in the election of directors, voting together as a single class.&#160; Any By-law made by a majority of the Entire Board of Directors may be
      amended or repealed by action of the stockholders at any annual or special meeting of stockholders.</div>
    <div style="text-align: center; margin-bottom: 12pt;">* * * * *</div>
  </div>
</body>
</html>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
