<SUBMISSION>
<ACCESSION-NUMBER>0001046568-07-000022
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>2
<PERIOD>20071116
<ITEMS>5.03
<FILING-DATE>20071121
<DATE-OF-FILING-DATE-CHANGE>20071121
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CAREER EDUCATION CORP
<CIK>0001046568
<ASSIGNED-SIC>8200
<IRS-NUMBER>363932190
<STATE-OF-INCORPORATION>DE
<FISCAL-YEAR-END>1116
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<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-23245
<FILM-NUMBER>071263492
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<BUSINESS-ADDRESS>
<STREET1>2895 GREENSPOINT
<STREET2>SUITE 600
<CITY>HOFFMAN ESTATES
<STATE>IL
<ZIP>60195
<PHONE>8477813600
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>2800 WEST HIGGINS ROAD
<STREET2>SUITE 790
<CITY>HOFFMAN ESTATES
<STATE>IL
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</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8K
<TEXT>
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  <head>
    <title>Unassociated Document</title>
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      STATES</strong></font></div>
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      8-K</strong></font></div>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 13pt; FONT-FAMILY: Times New Roman;"><strong>CURRENT
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      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):</font></div>
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                communications pursuant to Rule 425 under the Securities Act (17
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            <td valign="top" width="75%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman;">&#160;</font></td>
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    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div>&#160;</div>
    <div><br>&#160;</div>
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      <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
    </div>
    <div>&#160;</div>
    <div id="PN" style="PAGE-BREAK-AFTER: always">
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    <div id="HDR">&#160;</div>
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      <div id="FTR"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman;"><strong><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Item
        5.03
        Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
        Year.</font></strong></font></div>
      <div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">On
          November 16, 2007, the Board of Directors of the Registrant adopted amendments
          to Article VII of the By-laws of the Registrant ("the Amended By-laws")
          to
          clarify that the By-laws permit the issuance and transfer of uncertified
          shares.
&#160;A copy of the&#160;Amended By-laws is filed as Exhibit 3.2 to this Form
          8-K and is incorporated herein by reference. &#160;The Amended By-laws will
          enable the Registrant to participate in a Direct Registration System
          administered by the Depository Trust Company. &#160;The Direct Registration
          System&#160;allows investors to have securities registered in their&#160;names
          without the issuance of physical certificates.&#160; The amendment took effect
          upon adoption by the Board of Directors of the Registrant.</font><br></div>
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          9.01 Financial Statements and Exhibit.</strong></font></div>
        <div><br></div>
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          Exhibit</font></div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>Number</u>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Description
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        <div><br></div>
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                </td>
                <td>
                  <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Fourth
                    Amended and Restated By-laws of&#160;the
                    Registrant.</font></div>
                </td>
              </tr>

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      <div>&#160;</div>
    </div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman;">2&#160;&#160;</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
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      </div>
    </div>
    <div id="HDR" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman;"><strong>SIGNATURES</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman;">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.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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                Michael J. Graham</font></div>
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                Vice President and Chief Financial
                Officer</font></div>
            </td>
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      November 21, 2007</font></div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
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    <div>&#160;</div>
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        INDEX</u></strong></font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Exhibit</strong></font></div>
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        of Exhibit</u></strong></font></div>
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                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">3.2<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font></div>
              </td>
              <td width="1153">
                <div align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Fourth
                  Amended and Restated By-laws
                  of&#160;Registrant.</font></div>
              </td>
            </tr>

        </table>
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    <div>&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 11pt; FONT-FAMILY: Times New Roman;">4</font></div>
    <div>&#160;</div>
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<TYPE>EX-3.2
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><br><strong><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;Exhibit
      3.2</font></strong></div>
    <div>&#160;</div>
    <div><br>&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>FOURTH
      AMENDED AND RESTATED BY-LAWS</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>OF</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>CAREER
      EDUCATION CORPORATION</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>(Amended
      and Restated effective as of November 16, 2007)</strong></font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      I</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">OFFICES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      1.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Registered
      Office</u>.&#160;&#160;The registered office of Career Education Corporation
      (the &#8220;<strong>Corporation</strong>&#8221;) shall be in the City of Wilmington, County
      of New Castle, State of Delaware.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      1.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Other
      Offices</u>.&#160;&#160;The Corporation may also have offices at such other
      places both within and without the State of Delaware as the Board of Directors
      may from time to time determine or the business of the Corporation may
      require.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      II</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">MEETINGS
      OF STOCKHOLDERS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Place
      of Meeting</u>.&#160;&#160;All meetings of the stockholders for the election of
      directors shall be held at such place either within or without the State of
      Delaware as shall be designated from time to time by the Board of Directors
      and
      stated in the notice of the meeting. Meetings of stockholders for any other
      purpose may be held at such time and place, within or without the State of
      Delaware, as shall be stated by the Board of Directors in its notice of the
      meeting or in a duly executed waiver of notice thereof.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Time
      of Annual Meeting</u>.&#160;&#160;Annual meetings of stockholders shall be held
      on the third Thursday in May, if not a legal holiday, and if a legal holiday,
      then on the next secular day following, at 10:00 A.M., or at such other date
      and
      time as shall be designated from time to time by the Board of Directors and
      stated in the notice of the meeting, at which stockholders shall elect directors
      to hold office for the term provided in Section 3.2 of these By-laws and conduct
      such other business as shall be considered.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.3</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Notice
      of Annual Meetings</u>.&#160;&#160;Except as otherwise required by law, written
      notice of the annual meeting stating the place, date and hour of the meeting
      shall be given to each stockholder entitled to vote at such meeting not fewer
      than ten (10) nor more than sixty (60) days before the date of the
      meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.4</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Director
      Nominations</u>.&#160;&#160;(a) Only persons who are nominated in accordance
      with the following procedures shall be eligible to serve as directors.
      Nominations of persons for election to the Board of Directors of the Corporation
      at a meeting of stockholders may be made (i) by or at the direction of the
      Board
      of Directors or (ii) by any stockholder of the Corporation who is a stockholder
      of record at the time of the giving of notice provided herein, is entitled
      to
      vote in the election of directors at the meeting and complies with the notice
      procedures set forth in this Article II, Section 2.4. For nominations to be
      properly brought before an annual meeting by a stockholder pursuant to clause
      (ii) of the previous sentence, (A) the stockholder must have given timely notice
      thereof in writing pursuant to the requirements set forth herein, (B) if the
      stockholder, or beneficial owner on whose behalf any such nomination is made,
      has provided the Corporation with a &#8220;<strong>Solicitation Notice</strong>&#8221; (as
      defined herein), such stockholder or beneficial owner must have delivered a
      proxy statement and form of proxy to the holders of a percentage of the
      Corporation&#8217;s voting shares reasonably believed by such stockholder or
      beneficial owner, if any, on whose behalf the nomination is made, to be
      sufficient to elect the nominee or nominees proposed to be nominated by such
      stockholder and must have included in such materials the Solicitation Notice
      and
      (C) if no Solicitation Notice relating thereto has been timely provided pursuant
      to this paragraph, such stockholder or beneficial owner must not have solicited
      a number of proxies sufficient to have required the delivery of such a
      Solicitation Notice under this paragraph. To be timely, a stockholder&#8217;s notice
      must be delivered to, or mailed and received by, the Secretary of the
      Corporation at the principal executive offices of the Corporation not less
      than
      ninety (90) days prior to the first anniversary of the date of the previous
      year&#8217;s annual meeting of stockholders; provided, however, that if no annual
      meeting of stockholders was held in the previous year or if the date of the
      annual meeting is advanced by more than thirty (30) days prior to, or delayed
      by
      more than sixty (60) days after, such anniversary date, notice by the
      stockholder to be timely must be so delivered, or mailed and received, not
      later
      than the close of business on the later of (a) the ninetieth (90th) day prior
      to
      such annual meeting or (b) the tenth (10th) day following the day on which
      the
      date of such meeting has been first &#8220;publicly disclosed&#8221; (in the manner provided
      herein) by the Corporation. Notwithstanding the foregoing, in the event that
      the
      number of directors to be elected to the Board of Directors is increased and
      neither the names of all of the nominees for director positions nor notice
      specifying the size of the Board of Directors is &#8220;publicly disclosed&#8221; by the
      Corporation at least one hundred (100) days prior to the date of the first
      anniversary of the prior year&#8217;s annual meeting of stockholders, a stockholder&#8217;s
      notice pursuant to this Article II, Section 2.4 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, or mailed and received by, the Secretary
      of the Corporation at the principal executive offices of the Corporation not
      later than the close of business on the tenth (10th) day following the day
      on
      which such names or notice specifying the size of the Board of Directors has
      been first &#8220;publicly disclosed&#8221; by the Corporation. Any stockholder&#8217;s notice
      pursuant to this Article II, Section 2.4 shall set forth (i) as to each person
      whom the stockholder proposes to nominate for election or re-election 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 14A under the Securities Exchange
      Act of 1934, as amended (the &#8220;<strong>Exchange Act</strong>&#8221;) (including such
      person&#8217;s written consent to being named in the proxy statement as a nominee and
      to serving as director if elected); and (ii) as to the stockholder giving notice
      and the beneficial owner, if any, on whose behalf the nomination is made (A)
      the
      name and address of such stockholder, as they appear on the Corporation&#8217;s books,
      and of such beneficial owner, (B) the class and number of shares of the
      Corporation which are owned beneficially and of record by such stockholder
      and
      such beneficial owner and (C) whether either such stockholder or beneficial
      owner intends to deliver a proxy statement and form of proxy to a sufficient
      number of holders of the Corporation&#8217;s voting shares to elect such nominee or
      nominees (an affirmative statement of such intent, a &#8220;<strong>Solicitation
      Notice</strong>&#8221;). At the request of the Board of Directors, any person
      nominated by the Board of Directors for election as a director shall furnish
      to
      the Secretary of the Corporation that information required to be set forth
      in a
      stockholder&#8217;s notice of nomination which pertains to the nominee. No person
      shall be eligible to serve as a director of the Corporation unless nominated
      in
      accordance with the procedures set forth herein. The presiding officer shall,
      if
      the facts so warrant, determine and declare to the meeting that a nomination
      was
      not made in accordance with the procedures prescribed by these By-laws, and
      if
      such officer should so determine, such officer shall so declare to the meeting,
      and the defective nomination shall be disregarded. For purposes of these
      By-laws, &#8220;publicly disclosed&#8221; or &#8220;public disclosure&#8221; shall mean disclosure in a
      press release reported by the Dow Jones News Service, Associated Press or a
      comparable national news service or in a document publicly filed by the
      Corporation with the Securities and Exchange Commission.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(b)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">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 (i) by or at the direction of the Board of
      Directors or (ii) by any stockholder of record of the Corporation who is a
      stockholder of record at the time of giving of notice provided for in this
      paragraph, who shall be entitled to vote at the meeting and who complies with
      the notice procedures set forth in this Article II, Section 2.4(a). Nominations
      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
      this Article II, Section 2.4(a) 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 later of the ninetieth (90th) day prior to such
      special meeting or the tenth (10th) day following the day on which public
      disclosure is first made of the date of the special meeting and of the nominees
      proposed by the Board of Directors to be elected at such meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(c)</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Notwithstanding
      the foregoing provisions of this Article II, Section 2.4, a stockholder shall
      also comply with all applicable requirements of the Exchange Act and the rules
      and regulations thereunder with respect to matters set forth
      herein.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.5</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Annual
      Meeting Agenda Items</u>.&#160;&#160;At an annual meeting of the stockholders,
      only such business shall be conducted as shall have been brought before the
      meeting (i) pursuant to the Corporation&#8217;s notice with respect to such meeting,
      (ii) by or at the direction of the Board of Directors or (iii) by any
      stockholder of the Corporation who is a stockholder of record at the time of
      the
      giving of notice provided for herein, is entitled to vote at the meeting and
      complies with the procedures set forth in this Article II, Section 2.5. For
      business to be properly brought before an annual meeting by a stockholder
      pursuant to clause (iii) of the previous sentence, (A) the stockholder must
      have
      given timely notice thereof in writing pursuant to the requirements set forth
      herein, (B) if the stockholder, or beneficial owner, if any, on whose behalf
      such proposal is made, has provided the Corporation with a Business Solicitation
      Notice (as defined herein), such stockholder or beneficial owner must have
      delivered a proxy statement and form of proxy to holders of at least the
      percentage of the Corporation&#8217;s voting shares required under applicable law, the
      Corporation&#8217;s Certificate of Incorporation or these By-laws to carry any such
      proposal, and (C) if no Business Solicitation Notice relating thereto has been
      timely provided pursuant to this paragraph, the stockholder or beneficial owner,
      if any, on whose behalf such proposal is made, proposing such business must
      not
      have solicited a number of proxies sufficient to have required the delivery
      of
      such a Business Solicitation Notice under this paragraph. To be timely, the
      stockholder must deliver written notice to, or mail such written notice so
      that
      it is received by, the Secretary of the Corporation, at the principal executive
      offices of the Corporation, not less than ninety (90) days prior to the first
      anniversary of the date of the previous year&#8217;s annual meeting of stockholders;
      provided, however, that if no annual meeting of stockholders was held in the
      previous year or if the date of the annual meeting is advanced by more than
      thirty (30) days prior to, or delayed by more than sixty (60) days after, such
      anniversary date, notice by the stockholder to be timely must be so delivered,
      or mailed and received, not later than the close of business on the later of
      (a)
      the ninetieth (90th) day prior to such annual meeting or (b) the tenth (10th)
      day following the day on which the date of the meeting has been first &#8220;publicly
      disclosed&#8221; (in the manner provided in Article II, Section 2.4 above) by the
      Corporation. Any stockholder&#8217;s notice pursuant to this Article II, Section 2.5
      shall set forth as to each matter the stockholder proposes to bring before
      the
      annual meeting and as to the beneficial owner, if any, on whose behalf the
      proposal is made (A) a brief description of the business desired to be brought
      before the annual meeting and the reasons for conducting such business at the
      annual meeting, (B) the name and address, as they appear on the Corporation&#8217;s
      books, of the stockholder proposing such business and of such beneficial owner,
      (C) the class and number of shares of the Corporation which are beneficially
      owned and held of record by the stockholder and such beneficial owner, (D)
      any
      material interest of such stockholder or such beneficial owner in such business
      and (E) whether either such stockholder or beneficial owner intends to deliver
      a
      proxy statement and form of proxy to holders of at least the percentage of
      the
      Corporation&#8217;s voting shares required under applicable law, the Corporation&#8217;s
      Certificate of Incorporation or these By-laws to carry any such proposal (an
      affirmative statement of such intent, a &#8220;<strong>Business Solicitation
      Notice</strong>&#8221;). Whether or not the foregoing procedures are followed, no
      matter which is not a proper matter for stockholder consideration shall be
      brought before the meeting. At an annual meeting, the presiding officer shall,
      if the facts warrant, determine and declare to the meeting that business was
      not
      properly brought before the meeting in accordance with the provisions of this
      Article II, Section 2.5, and if such officer should so determine, such officer
      shall so declare to the meeting, and any such business not properly brought
      before the meeting shall not be transacted. Notwithstanding the foregoing
      provisions of this paragraph, a stockholder shall also comply with all
      applicable requirements and regulations of the Exchange Act and the rules and
      regulations thereunder with respect to matters set forth in this paragraph.
      Nothing in this paragraph shall be deemed to affect any rights of stockholders
      to request inclusion of proposals in the Corporation&#8217;s proxy statement pursuant
      to Rule 14a-8 under the Exchange Act.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.6</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Special
      Meetings of the Stockholders</u>.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Special
      meetings of the stockholders of the Corporation may be called only (A) by the
      Board of Directors pursuant to a resolution approved by the Board of Directors
      or (B) subject to the terms and conditions set forth below, at the request
      of
      holders of at least sixty-six and two-thirds percent (66 &#8532;%) of the voting power
      of the issued and outstanding shares of stock of the Corporation entitled to
      vote at an election of directors (the &#8220;<strong>Required Number</strong>&#8221; of
      shares) if such election were held on the date the first such request is
      delivered to the Corporation; provided, however, that with respect to this
      clause (B), such meeting shall be held only (x) to take action on the item
      or
      items of business set forth in such request and (y) to take action on such
      other
      item or items of business proposed by the Board of Directors if such action
      can
      be taken by such holders. The business transacted at any special meeting of
      the
      stockholders shall be limited to the purposes stated in the notice of the
      meeting transmitted to stockholders.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Stockholders
      may call a special meeting of stockholders by delivery, either by personal
      delivery or by United States mail, postage pre-paid, to the Secretary of the
      Corporation of one or more written demands, each signed by the appropriate
      number of record holder or holders thereof. Each such demand must include (A)
      a
      brief description of the business to be conducted at a special meeting and
      the
      reasons for conducting the business at a special meeting; (B) the name and
      address of each stockholder who has signed the demand and the date of such
      signature and the name and address of the beneficial owner, if any, on whose
      behalf such demand is made; (C) evidence of the number of shares of capital
      stock of the Corporation that are owned beneficially and of record by each
      stockholder who has signed the demand; (D) the number of shares owned
      beneficially and of record by any beneficial owner on whose behalf such demand
      is made; and (E) any material interest of any stockholder who has signed the
      demand, or of any beneficial owner on whose behalf such demand is made, in
      the
      business described in the demand. The Board of Directors shall (x) determine
      the
      place, and fix the date and time, of any stockholder-called special meeting,
      which shall be held not more than 90 days after the date the Secretary receives
      a demand or demands that comply with this Section 2.6(ii) and are signed by
      the
      holders of the Required Number of shares, and (y) fix a record date to determine
      the stockholders entitled to notice of and to vote at such meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Each
      item of business to be transacted at a special meeting must be lawful and be
      an
      appropriate subject for stockholder action under applicable law, the
      Corporation&#8217;s Certificate of Incorporation and these By-laws.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(iv)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;Notwithstanding
      anything in these By-laws to the contrary, no business shall be conducted at
      a
      special meeting except in accordance with the procedures set forth in this
      Section 2.6. The Secretary of the Corporation shall determine in good faith
      whether the requirements set forth in Sections 2.6(i), (ii) and (v) have been
      satisfied, and such good faith determination shall be binding on the Corporation
      and the stockholders. Prior to fixing the record date for a special meeting
      called by the stockholders, the Board shall determine in good faith whether
      the
      items of business to be transacted at such meeting satisfy the requirements
      of
      Section 2.6(iii). If the Board of Directors determines that the requirements
      of
      Section 2.6(iii) have not been satisfied with respect to one or more items
      of
      business, the Corporation shall send notice of such determination to each
      stockholder who delivered to the Corporation a demand with respect to such
      item
      or items of business. If none of the items of business satisfy such
      requirements, the Board of Directors shall not convene a special meeting. The
      Board of Director&#8217;s good faith determination whether an item of business
      satisfies the requirements set forth in Section 2.6(iii) shall be binding on
      the
      Corporation and its stockholders.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(v)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;In
      the event that the Secretary of the Corporation does not receive demands from
      the holders of the Required Number of shares on or before the sixtieth (60th)
      day after the Secretary&#8217;s receipt of the first written demand for a special
      meeting of stockholders (the &#8220;<strong>Initial Demand Date</strong>&#8221;), then, for
      purposes of demanding a special meeting of stockholders with respect to the
      item
      or items of business listed in such first written demand: (i) all such demands
      delivered to the Secretary on or before such sixtieth (60th) day shall
      thereafter be of no effect and (ii) all demands delivered after such sixtieth
      (60th) day and before the one-year anniversary of the Initial Demand Date shall
      be of no effect.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.7</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Notice
      of Special Meetings</u>.&#160;&#160;Written notice of a special meeting stating
      the place, date and hour of the meeting and the purpose or purposes for which
      the meeting is called, shall be given by the Secretary of the Corporation,
      not
      fewer than ten (10) nor more than sixty (60) days before the date of the
      meeting, to each stockholder entitled to vote at such meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.8</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Fixing
      of Record Date</u>.&#160;&#160;In order that the Corporation may determine the
      stockholders entitled to notice of or to vote at any meeting of stockholders
      or
      any adjournment thereof, or entitled to receive payment of any dividend or
      other
      distribution or allotment of any rights, or entitled to exercise any rights
      in
      respect of any change, conversion or exchange of stock or for the purpose of
      any
      other lawful action, the Board of Directors may fix a record date, which shall
      not precede the date upon which the resolution fixing the record date is adopted
      and which shall be (i) not more than sixty (60) nor less than ten (10) days
      before the date of a meeting, and (ii) not more than sixty (60) days prior
      to
      any other action. A determination of stockholders of record entitled to notice
      of, or to vote at, a meeting of stockholders shall apply to any adjournment
      of
      the meeting; provided, however, that the Board of Directors may fix a new record
      date for any adjourned meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.9</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Voting
      Lists</u>.&#160;&#160;The officer who has charge of the stock ledger of the
      Corporation shall prepare and make, at least ten (10) days before every meeting
      of stockholders, a complete list of the stockholders entitled to vote at the
      meeting, arranged in alphabetical order, and showing the address of each
      stockholder and the number of shares registered in the name of each stockholder.
      Such list shall be open to the examination of any stockholder, for any purpose
      germane to the meeting: (i) on a reasonably accessible electronic network,
      provided that the information required to gain access to such list is provided
      with the notice of meeting, or (ii) during ordinary business hours at the
      principal place of business of the Corporation. In the event that the
      Corporation determines to make the list available on an electronic network,
      the
      Corporation may take reasonable steps to ensure that such information is
      available only to stockholders of the Corporation. The list shall also be
      produced and kept at the time and place of the meeting during the whole time
      thereof and may be inspected by any stockholder who is present.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.10</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Quorum
      and Adjournments</u>.&#160;&#160;The holders of a majority of the voting power
      of the stock issued and outstanding and entitled to vote thereat, present in
      person or represented by proxy, shall constitute a quorum at all meetings of
      the
      stockholders for the transaction of business, except as otherwise provided
      by
      statute or by the Corporation&#8217;s Certificate of Incorporation. If, however, such
      quorum shall not be present or represented at any such meeting of the
      stockholders, the stockholders entitled to vote thereat, present in person
      or
      represented by proxy, shall have power to adjourn the meeting from time to
      time,
      without notice other than announcement at the meeting, until a quorum shall
      be
      present or represented; provided that if the adjournment is for more than thirty
      (30) days, or if after the adjournment a new record date is fixed by the
      directors for the adjourned meeting, a new notice shall be transmitted to the
      stockholders of record entitled to vote at the adjourned meeting. At such
      adjourned meeting at which a quorum shall be present or represented, any
      business may be transacted which might have been transacted at the meeting
      as
      originally notified.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.11</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Vote
      Required</u>.&#160;&#160;When a quorum is present at any meeting of all
      stockholders, the affirmative vote of the holders of a majority of the voting
      power of the stock issued and outstanding and entitled to vote thereat, present
      in person or represented by proxy, shall decide any question brought before
      such
      meeting, unless the question is one upon which, by express provision of statute
      or of the Corporation&#8217;s Certificate of Incorporation, a different vote is
      required, in which case such express provision shall govern and control the
      decision of such question; provided, however, all elections of directors shall
      be determined in accordance with Article III, Section 3.2 of these
      By-laws.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.12</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Voting
      Rights</u>.&#160;&#160;Unless otherwise provided in the Corporation&#8217;s
      Certificate of Incorporation, each stockholder having voting power shall at
      every meeting of the stockholders be entitled to one (1) vote in person or
      by
      proxy for each share of the capital stock having voting power held by such
      stockholder, but no proxy shall be voted on after three (3) years from its
      date,
      unless the proxy provides for a longer period. At any meeting of the
      stockholders, every stockholder entitled to vote may vote in person or by proxy
      authorized by an instrument in writing or by a transmission permitted by law
      filed in accordance with the procedure established for the meeting. Any copy,
      facsimile telecommunication or other reliable reproduction of the writing or
      transmission created pursuant to this paragraph may be substituted or used
      in
      lieu of the original writing or transmission for any and all purposes for which
      the original writing or transmission could be used; provided that such copy,
      facsimile telecommunication or other reproduction shall be a complete
      reproduction of the entire original writing or transmission. All voting,
      including on the election of directors, may (except where otherwise required
      by
      law) be by a voice vote; provided, however, that upon demand therefor by a
      stockholder entitled to vote or by his or her proxy, a stock vote shall be
      taken. Every stock vote shall be taken by ballots, each of which shall state
      the
      name of the stockholder or proxy voting and such other information as may be
      required under the procedure established for the meeting. The Corporation may,
      and to the extent required by law shall, in advance of any meeting of
      stockholders, appoint one or more inspectors to act at the meeting and make
      a
      written report thereof. The Corporation may designate one or more persons as
      alternate inspectors to replace any inspector who fails to act. If no inspector
      or alternate is able to act at a meeting of stockholders, the person presiding
      at the meeting may, and to the extent required by law shall, appoint one or
      more
      inspectors to act at the meeting. Each inspector, before entering upon the
      discharge of his or her duties, shall take and sign an oath to faithfully
      execute the duties of inspector with strict impartiality and according to the
      best of his or her ability. Every vote taken by ballots shall be counted by
      an
      inspector or inspectors appointed by the chairman of the meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.13</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Presiding
      Over Meetings</u>.&#160;&#160;The Chairman of the Board of Directors or his
      designee shall preside at all meetings of the stockholders. In the absence
      or
      inability to act of the Chairman or his designee, the Vice Chairman, the
      President or a Vice President (in that order) shall preside, and in their
      absence or inability to act another person designated by one of them shall
      preside. The Secretary of the Corporation shall act as Secretary of each meeting
      of the stockholders. In the event of his or her absence or inability to act,
      the
      chairman of the meeting shall appoint a person who need not be a stockholder
      to
      act as Secretary of the meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      2.14</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Conducting
      Meetings</u>.&#160;&#160;Meetings of the stockholders shall be conducted in a
      fair manner but need not be governed by any prescribed rules of order. The
      presiding officer of the meeting shall establish an agenda for the meeting.
      The
      presiding officer&#8217;s rulings on procedural matters shall be final. The presiding
      officer is authorized to impose reasonable time limits on the remarks of
      individual stockholders and may take such steps as such officer may deem
      necessary or appropriate to assure that the business of the meeting is conducted
      in a fair and orderly manner.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      III</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">DIRECTORS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>General
      Powers</u>.&#160;&#160;The business and affairs of the Corporation shall be
      under the direction of, and managed by, a board comprised of directors, which
      may exercise all such powers of the Corporation and do all such lawful acts
      and
      things as are not required by statute, by the Corporation&#8217;s Certificate of
      Incorporation or by these By-laws to be done by the stockholders. Directors
      need
      not be residents of the State of Delaware or stockholders of the Corporation.
      The number of directors shall be determined in the manner provided in the
      Corporation&#8217;s Certificate of Incorporation.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Election</u>.&#160;&#160;The
      ballot for the election of directors shall provide stockholders with the ability
      to vote &#8220;for&#8221; or &#8220;against&#8221; nominees unless the number of nominees exceeds the
      number of directors to be elected. Except as provided in this Section or Section
      3.4 of this Article, a nominee for director shall be elected to the Board of
      Directors if the votes cast &#8220;for&#8221; such nominee exceed the votes cast &#8220;against&#8221;
such nominee, provided, however, that if the number of nominees exceeds the
      number of directors to be elected, the directors shall be elected by the vote
      of
      a plurality of the shares represented in person or by proxy at any such meeting
      and entitled to vote on the election of directors. Each director elected shall
      hold office during the term for which he or she is elected and until his or
      her
      successor is elected and qualified, subject, however, to his or her prior death,
      resignation, retirement or removal from office. If a director is not reelected
      but would otherwise remain in office until his or her successor is elected
      and
      qualified, the director shall offer to tender his or her resignation to the
      Board of Directors, which may be conditioned upon acceptance of such resignation
      by the Board of Directors. If a resignation is so conditioned, the Nominating
      and Governance Committee will make a recommendation to the Board of Directors
      on
      whether to accept or reject the resignation. The Board of Directors will decide
      whether to accept or reject the resignation and will publicly disclose its
      decision within ninety (90) days from the date of the certification of the
      election results. A director who tenders his or her resignation will not
      participate in the Board&#8217;s vote with respect to such decision on that
      director.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.3</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Removal</u>.&#160;&#160;Except
      as provided in the Corporation&#8217;s Certificate of Incorporation with respect to
      Continuing Classified Directors (as defined in the Corporation&#8217;s Certificate of
      Incorporation), any director or the entire Board of Directors may be removed
      from office, with or without cause, by holders of at least a majority of the
      voting power of the shares outstanding and entitled to vote at an election
      of
      directors; provided, however, that whenever the holders of any class or series
      are entitled to elect 1 or more directors by the Corporation&#8217;s Certificate of
      Incorporation, this section shall apply, in respect to the removal without
      cause
      of a director or directors so elected, to the vote of the holders of the
      outstanding shares of that class or series and not to the vote of the
      outstanding shares as a whole.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.4</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Vacancies</u>.&#160;&#160;Any
      vacancies occurring in the Board of Directors and newly created directorships
      shall be filled in the manner provided in the Corporation&#8217;s Certificate of
      Incorporation.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.5</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Place
      of Meetings</u>.&#160;&#160;The Board of Directors of the Corporation may hold
      meetings, both regular and special, either within or without the State of
      Delaware. The first meeting of each newly elected Board of Directors shall
      be
      held immediately following the adjournment of the annual meeting of the
      stockholders at the same place as such annual meeting and no notice of such
      meeting shall be necessary to the newly elected directors in order to legally
      constitute the meeting, provided a quorum shall be present. In the event such
      meeting is not held at such time and place, the meeting may be held at such
      time
      and place as shall be specified in a notice given as hereinafter provided for
      special meetings of the Board of Directors, or as shall be specified in a
      written waiver signed by all of the directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.6</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Participation
      by Conference Telephone</u>.&#160;&#160;Unless otherwise restricted by the
      Corporation&#8217;s Certificate of Incorporation or these By-laws, members of the
      Board of Directors, or any committee designated by the Board of Directors,
      may
      participate in a meeting of the Board of Directors, or committee, by means
      of
      conference telephone or similar communications equipment by means of which
      all
      persons participating in the meeting can hear each other, and participation
      by
      such means shall constitute presence in person at such meeting.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.7</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Regular
      Meetings</u>.&#160;&#160;Regular meetings of the Board of Directors may be held,
      without notice, at such time and at such place as shall from time to time be
      determined by the Board of Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.8</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Special
      Meetings</u>.&#160;&#160;Special meetings of the Board of Directors may be
      called by the Chairman of the Board, the Chief Executive Officer or the
      President on at least one day&#8217;s notice to each director, either personally, or
      by mail, courier, telephone, telefax, mailgram, telex, telecopier or electronic
      transmission. Special meetings shall be called by the Chairman, the Chief
      Executive Officer or the President in like manner and on like notice at the
      request, in writing or by electronic transmission, of two or more of the
      directors comprising the Board of Directors stating the purpose or purposes
      for
      which such meeting is requested. Notice of any meeting of the Board of Directors
      for which a notice is required may be waived by electronic transmission or
      in a
      writing signed by the person or persons entitled to such notice, whether before
      or after the time of such meeting, and such waiver shall be equivalent to the
      giving of such notice. Attendance of a director at any such meeting shall
      constitute a waiver of notice thereof, except where a director attends a meeting
      for the express purpose of objecting to the transaction of any business because
      such meeting is not lawfully convened. Neither the business to be transacted
      at,
      nor the purpose of, any meeting of the Board of Directors for which a notice
      is
      required need be specified in the notice, or waiver of notice, of such meeting.
      The Chairman shall preside at all meetings of the Board of Directors. In the
      absence or inability to act of the Chairman, then the Vice Chairman (if one
      shall have been chosen by the Board), the Chief Executive Officer, the President
      or the Chief Financial Officer (in that order) shall preside, and in their
      absence or inability to act, another director designated by one of them shall
      preside.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.9</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Quorum;
      No Action on Certain Matters</u>.&#160;&#160;At all meetings of the Board of
      Directors, a majority of the then duly elected directors shall constitute a
      quorum for the transaction of business, and the act of a majority of the
      directors present at any meeting at which there is a quorum shall be the act
      of
      the Board of Directors, except as may be otherwise specifically provided by
      statute or by the Corporation&#8217;s Certificate of Incorporation. If a quorum shall
      not be present at any meeting of the Board of Directors, the directors present
      thereat may adjourn the meeting from time to time, without notice other than
      announcement at the meeting, until a quorum shall be present.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.10</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Resignations</u>.&#160;&#160;Any
      director of the Corporation may resign at any time by giving written notice,
      or
      notice by electronic transmission, to the Board of Directors, the Chairman
      or
      the President. Such resignation shall take effect at the time specified therein
      and, unless tendered to take effect upon acceptance thereof, the acceptance
      of
      such resignation shall not be necessary to make it effective.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.11</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Informal
      Action</u>.&#160;&#160;Unless otherwise restricted by the Corporation&#8217;s
      Certificate of Incorporation or these By-laws, any action required or permitted
      to be taken at any meeting of the Board of Directors or of any committee thereof
      may be taken without a meeting, if all members of the Board of Directors or
      committee consent thereto in writing or by electronic transmission and the
      writing or writings or electronic transmission or transmissions are filed with
      the minutes of proceedings of the Board of Directors or committee. Such filing
      shall be in paper form if the minutes are maintained in paper form and shall
      be
      in electronic form if the minutes are maintained in electronic
      form.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.12</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Presumption
      of Assent</u>.&#160;&#160;A director of the Corporation who is present at a
      meeting of the Board of Directors at which action on any corporate matter is
      taken shall be conclusively presumed to have assented to the action taken unless
      his or her dissent shall be entered in the minutes of the meeting or unless
      he
      or she shall file his or her written dissent to such action with the person
      acting as the Secretary of the meeting before the adjournment thereof or shall
      forward such dissent by registered mail to the secretary of the Corporation
      immediately after the adjournment of the meeting. Such right to dissent shall
      not apply to a director who voted in favor of such action.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      3.13</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Compensation
      of Directors</u>.&#160;&#160;In the discretion of the Board of Directors, the
      directors may be paid their expenses, if any, of attendance at each meeting
      of
      the Board of Directors or a committee thereof, may be paid a stated salary
      or a
      fixed sum for attendance at each meeting of the Board of Directors or a
      committee thereof and may be awarded other compensation for their service as
      directors. No such payment or award shall preclude any director from serving
      the
      Corporation in any other capacity and receiving compensation therefor. Members
      of special or standing committees may be allowed like compensation for attending
      committee meetings.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      IV</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">COMMITTEES
      OF DIRECTORS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      4.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Appointment
      and Powers</u>.&#160;&#160;The Board of Directors may designate one or more
      committees, each committee to consist of one or more of the directors of the
      Corporation. The Board of Directors may designate one or more directors as
      alternate members of any committee, who may replace any absent or disqualified
      member at any meeting of the committee. In the absence or disqualification
      of a
      member of a committee, the member or members thereof present at any meeting
      and
      not disqualified from voting, whether or not such member or members constitute
      a
      quorum, may unanimously appoint another member of the Board of Directors to
      act
      at the meeting in the place of any such absent or disqualified member. Any
      such
      committee, to the extent provided in the resolution of the Board of Directors,
      shall have and may exercise all the powers and authority of the Board of
      Directors in the management of the business and affairs of the Corporation,
      and
      may authorize the seal of the Corporation to be affixed to all papers which
      may
      require it; but no such committee shall have the power or authority in reference
      to the following matters: (a) approving or adopting, or recommending to the
      stockholders, any action or matter expressly required by the Delaware General
      Corporation Law to be submitted to stockholders for approval or (b) adopting,
      amending or repealing any of the By-laws.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      4.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Committee
      Minutes</u>.&#160;&#160;Each committee shall keep regular minutes of its
      meetings and shall file such minutes and all written consents executed by its
      members with the Secretary of the Corporation. Each committee may determine
      the
      procedural rules for meeting and conducting its business and shall act in
      accordance therewith, except as otherwise provided herein or required by law.
      Adequate provision shall be made for notice to members of all meetings;
      one-third of the members shall constitute a quorum unless the committee shall
      consist of one or two members, in which event one member shall constitute a
      quorum; and all matters shall be determined by a majority vote of the members
      present. Action may be taken by any committee without a meeting if all members
      thereof consent thereto in writing or by electronic transmission and the writing
      or writings or electronic transmission or transmissions are filed with the
      minutes of the proceedings of such committee. Such filing shall be in paper
      form
      if the minutes are maintained in paper form and shall be in electronic form
      if
      the minutes are maintained in electronic form.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      V</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">NOTICES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      5.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Manner
      of Notice</u>.&#160;&#160;Whenever, under applicable law or the Corporation&#8217;s
      Certificate of Incorporation or these By-laws, notice is required to be given
      to
      any director or stockholder, unless otherwise provided in the Corporation&#8217;s
      Certificate of Incorporation or these By-laws, such notice may be given in
      writing, by courier or mail, addressed to such director or stockholder, at
      such
      director&#8217;s or stockholder&#8217;s address as it appears on the records of the
      Corporation, with freight or postage thereon prepaid, and such notice shall
      be
      deemed to be given at the time when the same shall have been deposited with
      such
      courier or in the United States mail. Notice may be given orally if such notice
      is confirmed in writing in a manner provided therein. Notice to directors may
      also be given by mail, courier, telephone, telefax, mailgram, telex, telecopier
      or electronic transmission. Without limiting the manner by which notice
      otherwise may be given effectively to stockholders, any notice to stockholders
      may be given by electronic transmission in the manner provided in Section 232
      of
      the Delaware General Corporation Law.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      5.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Waiver</u>.&#160;&#160;Whenever
      any notice is required to be given under applicable law or the provisions of
      the
      Corporation&#8217;s Certificate of Incorporation or these By-laws, a waiver thereof in
      writing, signed by the person or persons entitled to said notice, or a waiver
      by
      electronic transmission by such person or persons, whether before or after
      the
      time stated therein, shall be deemed equivalent thereto. Neither the business
      nor the purpose of any meeting need be specified in such a waiver. Attendance
      at
      any meeting shall constitute waiver of notice except attendance for the sole
      purpose of objecting to the timeliness of notice.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      VI</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">OFFICERS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Number
      and Qualifications</u>.&#160;&#160;The officers of the Corporation shall be
      chosen by the Board of Directors and shall be a Chairman of the Board, a Chief
      Executive Officer, a President, a Chief Financial Officer, one or more Vice
      Presidents, a Secretary and a Treasurer. The Board of Directors may also choose
      a Vice Chairman for the Board (or Vice Chairman), one or more Assistant
      Secretaries and Assistant Treasurers and such additional officers as the Board
      of Directors may deem necessary or appropriate from time to time. Membership
      on
      the Board of Directors shall not be a prerequisite to the holding of any other
      office. Any number of offices may be held by the same person, unless the
      Corporation&#8217;s Certificate of Incorporation or these By-laws otherwise
      provide.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Election</u>.&#160;&#160;The
      Board of Directors at its first meeting after each annual meeting of
      stockholders shall elect a Chairman of the Board, a Chief Executive Officer,
      a
      President, a Chief Financial Officer, one or more Vice Presidents, a Secretary
      and a Treasurer, and may choose a Vice Chairman of the Board, one or more
      Assistant Secretaries and Assistant Treasurers and such other officers as the
      Board of Directors shall deem desirable.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.3</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Other
      Officers and Agents&#8217;</u>.&#160;&#160;The Board of Directors may choose such
      other officers and agents as it shall deem necessary, which officers and agents
      shall hold their offices for such terms and shall exercise such powers and
      perform such duties as shall be determined from time to time by the Board of
      Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.4</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Salaries</u>.&#160;&#160;The
      salaries or other compensation of the officers and agents of the Corporation
      shall be fixed from time to time by the Board of Directors, and no officer
      shall
      be prevented from receiving such salary or other compensation by reason of
      the
      fact that such officer is also a director of the Corporation.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.5</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Term
      of Office</u>.&#160;&#160;The officers of the Corporation shall hold office
      until their successors are chosen and qualified or until their earlier
      resignation or removal. Any officer elected or appointed by the Board of
      Directors may be removed at any time, either with or without cause, by the
      affirmative vote of a majority of the directors then in office at any meeting
      of
      the Board of Directors. If a vacancy shall exist in the office of the
      Corporation, the Board of Directors may elect any person to fill such vacancy,
      such person to hold office as provided in Section 6.1 of this Article
      VI.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.6</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Chairman of the Board</u>.&#160;&#160;The Chairman of the Board (or Chairman)
      shall preside at all meetings of the stockholders and of the Board of Directors
      and shall see that orders and resolutions of the Board of Directors are carried
      into effect. The Chairman of the Board shall perform such duties as may be
      assigned to him by the Board of Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.7</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Chief Executive Officer</u>.&#160;&#160;The Chief Executive Officer shall be the
      principal executive officer of the Corporation and shall, in general, supervise
      and control all of the business and affairs of the Corporation, unless otherwise
      provided by the Board of Directors. In the absence of the Chairman of the Board,
      the Chief Executive Officer shall preside at all meetings of the stockholders
      and of the Board of Directors and shall see that orders and resolutions of
      the
      Board of Directors are carried into effect. The Chief Executive Officer may
      sign
      bonds, mortgages, certificates for shares and all other contracts and documents,
      whether or not under the seal of the Corporation, except in cases where the
      signing and execution thereof shall be expressly delegated by law, by the Board
      of Directors or by these By-laws to some other officer or agent of the
      Corporation. The Chief Executive Officer shall have general powers of
      supervision and shall be the final arbiter of all differences between officers
      of the Corporation, and the Chief Executive Officer&#8217;s decision as to any matter
      affecting the Corporation shall be final and binding as between the officers
      of
      the Corporation, subject only to its Board of Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.8</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      President</u>.&#160;&#160;Unless another party has been designated as Chief
      Operating Officer, the President shall be the Chief Operating Officer of the
      Corporation responsible for the day-to-day active management of the business
      of
      the Corporation, under the general supervision of the Chief Executive Officer.
      In the absence of the Chief Executive Officer, the President shall perform
      the
      duties of the Chief Executive Officer, and when so acting, shall have all the
      powers of and be subject to all the restrictions upon the Chief Executive
      Officer. The President shall have concurrent power with the Chief Executive
      Officer to sign bonds, mortgages, certificates for shares and other contracts
      and documents, whether or not under the seal of the Corporation, except in
      cases
      where the signing and execution thereof shall be expressly delegated by law,
      by
      the Board of Directors or by these By-laws to some other officer or agent of
      the
      Corporation. In general, the President shall perform all duties incident to
      the
      office of the President and such other duties as the Chief Executive Officer
      or
      the Board of Directors may from time to time prescribe.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.9</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Chief Financial Officer</u>.&#160;&#160;The Chief Financial Officer shall be the
      principal financial and principal accounting officer of the Corporation. The
      Chief Financial Officer shall: (a) have charge of and be responsible for the
      maintenance of adequate books of account for the Corporation; (b) have charge
      and custody of all funds and securities of the Corporation, and be responsible
      therefor and for the receipt and disbursement thereof; and (c) perform all
      the
      duties incident to the office of the Chief Financial Officer and such other
      duties as from time to time may be assigned to him by the President or by the
      Board of Directors. If required by the Board of Directors, the Chief Financial
      Officer shall give a bond for the faithful discharge of the Chief Financial
      Officer&#8217;s duties in such sum and with such surety or sureties as the Board of
      Directors may determine.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.10</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Vice Presidents</u>.&#160;&#160;In the absence of the President, or in the event
      of the President&#8217;s inability or refusal to act, the Vice Presidents (in the
      order designated, or in the absence of any designation, then in the order of
      their election) shall perform the duties of the President, and when so acting,
      shall have all the powers of, and be subject to all the restrictions upon,
      the
      President. The Vice Presidents shall perform such other duties and have such
      other powers as the Chief Executive Officer or the Board of Directors may from
      time to time prescribe.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.11</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Secretary</u>.&#160;&#160;The Secretary shall attend all meetings of the Board
      of Directors and all meetings of the stockholders and record all the proceedings
      of the meetings of the Corporation and of the Board of Directors in a book
      to be
      kept for that purpose and shall perform like duties for the standing committees
      when required. The Secretary shall give, or cause to be given, notice of all
      meetings of the stockholders and special meetings of the Board of Directors
      and
      shall perform such other duties as may be prescribed by the Board of Directors
      or the Chief Executive Officer, under whose supervision the Secretary shall
      be.
      The Secretary shall have custody of the corporate seal of the Corporation and
      the Secretary or an Assistant Secretary, shall have authority to affix the
      same
      to any instrument requiring it and when so affixed, it may be attested by the
      Secretary&#8217;s signature or by the signature of such Assistant Secretary. The Board
      of Directors may give general authority to any other officer to affix the seal
      of the Corporation and to attest the affixing by such officer&#8217;s
      signature.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.12</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Treasurer</u>.&#160;&#160;In the event that the Chief Financial Officer is
      unavailable to perform his duties or in the event of the Chief Financial
      Officer&#8217;s inability or refusal to act, the Treasurer shall perform the duties of
      the Chief Financial Officer, and when so acting, shall have all the powers
      of
      and be subject to all the restrictions upon the Chief Financial Officer. The
      Treasurer shall perform such other duties and have such other powers as the
      Chief Executive Officer, Chief Financial Officer or the Board of Directors
      may
      from time to time prescribe.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.13</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Assistant Secretary</u>.&#160;&#160;The Assistant Secretary, or if there be more
      than one, the Assistant Secretaries in the order determined by the Board of
      Directors (or if there be no such determination, then in the order of their
      election), shall, in the absence of the Secretary or in the event of the
      Secretary&#8217;s inability or refusal to act, perform the duties and exercise the
      powers of the Secretary and shall perform such other duties and have such other
      powers as the Chief Executive Officer or the Board of Directors may from time
      to
      time prescribe.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      6.14</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>The
      Assistant Treasurer</u>.&#160;&#160;The Assistant Treasurer, or if there shall
      be more than one, the Assistant Treasurers in the order determined by the Board
      of Directors (or if there be no such determination, then in the order of their
      election), shall, in the absence of the Treasurer or in the event of the
      Treasurer&#8217;s inability or refusal to act, perform the duties and exercise the
      powers of the Treasurer and shall perform such other duties and have such other
      powers as the Chief Executive Officer or the Board of Directors may from time
      to
      time prescribe.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      VII</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CERTIFICATES
      OF STOCK, TRANSFERS AND RECORD DATES</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      7.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Certificates
      of Stock; Uncertificated Shares</u>. The shares of stock of the Corporation
      shall be represented by certificates, or by uncertificated shares that may
      be
      evidenced by a book-entry system maintained by the registrar of such stock,
      or a
      combination of both.&#160;&#160;If shares are represented by certificates (if
      any), such certificates shall be in the form approved by the Board of
      Directors.&#160;&#160;The certificates representing shares of stock of each
      class shall be signed by, or in the name of, the Corporation by the Chairman,
      the President or any Vice President, and by the Secretary, any Assistant
      Secretary, the Treasurer or any Assistant Treasurer.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      7.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Facsimile
      Signatures</u>.&#160;&#160;Any or all signatures on a certificate representing
      stock of the Corporation may be a facsimile.&#160;&#160;In case any officer,
      transfer agent or registrar who has signed, or whose facsimile signature has
      been placed upon, a certificate shall have ceased to be such officer, transfer
      agent or registrar before such certificate is issued, it may be issued by the
      Corporation with the same effect as if such person were such officer, transfer
      agent or registrar at the date of issue.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      7.3</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Lost
      Certificates</u>.&#160;&#160;The Board of Directors may direct that a new
      certificate or certificates or uncertificated shares be issued in place of
      any
      certificate or certificates theretofore issued by the Corporation alleged to
      have been lost, stolen or destroyed, upon the making of an affidavit of that
      fact by the person claiming the certificate of stock to be lost, stolen or
      destroyed. When authorizing such issue of a new certificate or certificates
      or
      uncertificated shares, the Board of Directors may, in its discretion and as
      a
      condition precedent to the issuance thereof, require the owner of such lost,
      stolen or destroyed certificate or certificates, or such owner&#8217;s legal
      representative, to advertise the same in such manner as the Corporation shall
      require and/or give the Corporation a bond in such sum as it may direct as
      indemnity against any claim that may be made against the Corporation or its
      transfer agent or registrar with respect to the certificate alleged to have
      been
      lost, stolen or destroyed.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      7.4</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Transfers
      of Stock</u>.&#160;&#160;Transfers of stock shall be made only on the stock
      transfer books of the Corporation and (i) with respect to stock represented
      by a
      certificate, upon surrender of the certificate previously issued therefor which
      is outstanding and not canceled, duly endorsed or accompanied by appropriate
      evidence of succession, assignment or authority to transfer, and (ii) with
      respect to uncertificated shares, upon receipt of proper transfer instructions
      from the record holder thereof.&#160;&#160;Subject to the provisions of the
      Corporation&#8217;s Certificate of Incorporation and these By-Laws, the Board of
      Directors may prescribe such additional rules and regulations as it may deem
      appropriate relating to the issue, transfer and registration of shares of the
      Corporation.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      7.5</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Registered
      Stockholders</u>.&#160;&#160;The Corporation shall be entitled to recognize the
      exclusive right of a person registered on its books as the owner of shares
      to
      receive dividends and to vote as such owner and to hold liable for calls and
      assessments a person registered on its books as the owner of shares, and shall
      not be bound to recognize any equitable or other claim to or interest in such
      share or shares on the part of any other person, whether or not the Corporation
      shall have express or other notice thereof, except as otherwise provided by
      the
      laws of Delaware.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      VIII</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">CONFLICT
      OF INTERESTS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      8.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Contract
      or Relationship Not Void</u>.&#160;&#160;No contract or transaction between the
      Corporation and one or more of its directors or officers, or between the
      Corporation and any other corporation, partnership, association or other
      organization in which one or more of its directors or officers are directors
      or
      officers or have a financial interest shall be void or voidable solely for
      this
      reason, or solely because such director or officer is present at, or
      participates in, the meeting of the Board of Director&#8217;s or committee thereof
      which authorizes the contract or transaction, or solely because such director&#8217;s
      or officer&#8217;s vote is counted for such purpose, if:</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(i)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The
      material facts as to such director&#8217;s or officer&#8217;s relationship or interest and
      as to the contract or transaction are disclosed or are known to the Board of
      Directors or the committee, and the board or committee in good faith authorizes
      the contract or transaction by the affirmative vote of a majority of the
      disinterested directors, even though the disinterested directors be less than
      a
      quorum; or</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(ii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The
      material facts as to such director&#8217;s or officer&#8217;s relationship or interest and
      as to the contract or transaction are disclosed or are known to the stockholders
      entitled to vote thereon, and the contract or transaction is specifically
      approved in good faith by vote of the stockholders; or</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 36pt; TEXT-INDENT: 72pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">(iii)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;The
      contract or transaction is fair as to the Corporation as of the time it is
      authorized, approved or ratified by the Board of Directors, a committee thereof,
      or the stockholders.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      8.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Quorum</u>.&#160;&#160;Common
      or interested directors may be counted in determining the presence of a quorum
      at a meeting of the Board of Directors or of a committee which authorizes the
      contract or transaction.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      IX</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">GENERAL
      PROVISIONS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      9.1</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Dividends</u>.&#160;&#160;Dividends
      upon the capital stock of the Corporation, subject to the provisions of the
      Certificate of Incorporation, if any, may be declared by the Board of Directors
      at any regular or special meeting, pursuant to law. Dividends may be paid in
      cash, in property or in shares of the capital stock or rights to acquire same,
      subject to the provisions of the Corporation&#8217;s Certificate of Incorporation.
      Before payment of any dividend, there may be set aside out of any funds of
      the
      Corporation available for dividends such sum or sums as the directors from
      time
      to time, in their absolute discretion, think proper as a reserve or reserves
      to
      meet contingencies, or for equalizing dividends, or for repairing or maintaining
      any property of the Corporation, or for such other purpose as the directors
      shall think conducive to the interest of the Corporation, and the directors
      may
      modify or abolish any such reserve in the manner in which it was
      created.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      9.2</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Checks</u>.&#160;&#160;All
      checks or demands for money and notes of the Corporation shall be signed by
      such
      officer or officers or such other person or persons as the Board of Directors
      may from time to time designate.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      9.3</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Fiscal
      Year</u>.&#160;&#160;The fiscal year of the Corporation shall be fixed by
      resolution of the Board of Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      9.4</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Seal</u>.&#160;&#160;The
      corporate seal shall have inscribed thereon the name of the Corporation and
      the
      words &#8220;Corporate Seal, Delaware.&#8221; The seal may be used by causing it or a
      facsimile thereof to be impressed or affixed or reproduced or
      otherwise.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">Section
      9.5</font><font id="TAB2" style="COLOR: black; LETTER-SPACING: 9pt;">&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Stock
      in Other Corporations</u>.&#160;&#160;Shares of any other corporation which may
      from time to time be held by this Corporation may be represented and voted
      at
      any meeting of stockholders of such corporation by the Chairman, the Chief
      Executive Officer, the President, the Chief Financial Officer or a Vice
      President of the Corporation, or by any proxy appointed in writing by the
      Chairman, the Chief Executive Officer, the President, the Chief Financial
      Officer or a Vice President of the Corporation, or by any other person or
      persons thereunto authorized by the Board of Directors. Shares represented
      by
      certificates standing in the name of the Corporation may be endorsed for sale
      or
      transfer in the name of the Corporation by the Chairman, the Chief Executive
      Officer, the President, the Chief Financial Officer or any Vice President of
      the
      Corporation or by any other officer or officers thereunto authorized by the
      Board of Directors. Shares belonging to the Corporation need not stand in the
      name of the Corporation, but may be held for the benefit of the Corporation
      in
      the individual name of the Chief Financial Officer or of any other nominee
      designated for the purpose of the Board of Directors.</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">ARTICLE
      X</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div><br></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">AMENDMENTS</font></div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
    <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">These
      By-laws may be altered, amended or repealed or new by-laws may be adopted only
      in the manner provided in the Corporation&#8217;s Certificate of
      Incorporation.</font></div>
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