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<SEC-DOCUMENT>0001188112-07-003110.txt : 20071025
<SEC-HEADER>0001188112-07-003110.hdr.sgml : 20071025
<ACCEPTANCE-DATETIME>20071025170200
ACCESSION NUMBER:		0001188112-07-003110
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20071023
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20071025
DATE AS OF CHANGE:		20071025

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARINE PRODUCTS CORP
		CENTRAL INDEX KEY:			0001129155
		STANDARD INDUSTRIAL CLASSIFICATION:	SHIP & BOAT BUILDING & REPAIRING [3730]
		IRS NUMBER:				582572419
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16263
		FILM NUMBER:		071191402

	BUSINESS ADDRESS:	
		STREET 1:		2170 PIEDMONT ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30324
		BUSINESS PHONE:		4043212140

	MAIL ADDRESS:	
		STREET 1:		2170 PIEDMONT ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30324
</SEC-HEADER>
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          5.03&#160;&#160;Amendments to Articles of Incorporation or Bylaws; Change in
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        <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;">The
          Registrant's Board of Directors adopted resolutions approving an amendment
          to
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          on
          October 23, 2007.&#160;&#160;The Amended and Restated Bylaws, as so amended, is
          filed herewith as an Exhibit.</font></div>
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        <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><strong><font size="2">Item
          9.01&#160;&#160;Financial Statements and
          Exhibits.</font></strong></div>
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          <div id="PN" style="PAGE-BREAK-AFTER: always">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#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, serif;">Pursuant
        to the requirements of the Securities Exchange Act of 1934, Marine Products
        Corporation has duly caused this report to be signed on its behalf by the
        undersigned hereunto duly authorized.</font></div>
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            <tr>
              <td align="left" valign="top" width="35%">
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              </td>
              <td align="left" valign="top" width="1%">
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              </td>
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            <tr>
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              </td>
              <td align="left" valign="top" width="1%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="35%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="35%" style="PADDING-BOTTOM: 2px">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="1%" style="PADDING-BOTTOM: 2px">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="35%" style="BORDER-BOTTOM: black 2px solid">
                <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, serif;">/s/
                  BEN M. PALMER</font></div>
              </td>
            </tr>
            <tr>
              <td align="left" valign="top" width="35%">
                <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, serif;">Date:
                  October 25, 2007</font></div>
              </td>
              <td align="left" valign="top" width="1%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
              </td>
              <td align="left" valign="top" width="35%">
                <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, serif;">Ben
                  M. Palmer</font></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, serif;">Vice
                  President,</font></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, serif;">Chief
                  Financial Officer and</font></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, serif;">Treasurer</font></div>
              </td>
            </tr>

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<DOCUMENT>
<TYPE>EX-3.1
<SEQUENCE>2
<FILENAME>ex3-1.htm
<DESCRIPTION>EXHIBIT 3.1
<TEXT>
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    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="right"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>Exhibit
      3.1</strong></font></div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
    <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 13.7pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>MARINE
        PRODUCTS CORPORATION</strong></font></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 13.7pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong>AMENDED
        AND RESTATED BYLAWS</strong></font></div>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 13.7pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>I</u><u>&#160;</u>- <u>OFFICES</u></strong></font></div>
      <div><br></div>
      <div><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        1</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;MARINE PRODUCTS
        CORPORATION (the &#8220;<u>Corporation</u>&#8221;) may maintain and relocate from
        time-to-time its offices as the Corporation deems appropriate, except that
        changes in the location of the Corporation&#8217;s registered office or offices shall
        be made in accordance with applicable law.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>II</u> - <u>STOCKHOLDERS</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>1</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Annual
        Meeting</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>An
        annual meeting of the stockholders,
        for the election of directors to succeed those whose terms expire and for
        the
        transaction of such other business as may properly come before the meeting,
        shall be held at such place, on such date, and at such time as the Board
        of
        Directors shall each year fix, which date shall be within thirteen (13) months
        of the last annual meeting of stockholders.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>2</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Special
        Meetings</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Special
        meetings of the stockholders,
        other than those required by statute, may be called only by the Chairman
        of the
        Board of Directors or the President of the Corporation or by the Board of
        Directors acting pursuant to a resolution approved by a majority of the Whole
        Board.&#160;&#160;As used in these Bylaws, &#8220;<u>Whole Board</u>&#8221; shall mean the
        total number of authorized directors at the relevant point in time, whether
        or
        not there exist any vacancies in previously authorized
        directorships.&#160;&#160;The Chairman or President of the Corporation or the
        Board of Directors, acting pursuant to a resolution approved by the majority
        of
        the Whole Board, may postpone or reschedule any previously scheduled special
        meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>3</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Notice
        of
        Meetings</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Written
        notice of the place, date, and
        time of all meetings of the stockholders, whether annual or special, shall
        be
        mailed, postage prepaid, not less than ten (10) nor more than sixty (60)
        days
        before the date on which the meeting is to be held, to each stockholder entitled
        to vote at such meeting at the address on record at the Corporation for such
        stockholder, except as otherwise provided in this Section or required by
        law
        (&#8220;required by law&#8221; meaning, as required by these Bylaws, as required from time
        to time by the Delaware General Corporation Law or as required from time
        to time
        by the Certificate of Incorporation of the Corporation).</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>When
        a meeting is adjourned to another
        place, date, or time, written notice need not be given of the adjourned meeting
        if the place, date, and time thereof are announced at the meeting at which
        the
        adjournment is taken; provided, however, that if the date of any adjourned
        meeting is more than thirty (30) days after the date for which the meeting
        was
        originally noticed, or if a new record date is fixed for the adjourned meeting,
        written notice of the place, date, and time of the adjourned meeting shall
        be
        given in conformity herewith.&#160;&#160;At any adjourned meeting, any business
        may be transacted which might have been transacted at the original
        meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>4</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Quorum</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>At
        any meeting of the stockholders, the
        holders of a majority of all of the shares of the stock entitled to vote
        at the
        meeting, present in person or by proxy, shall constitute a quorum for all
        purposes, unless or except to the extent that the presence of a larger number
        may be required by law.&#160;&#160;Where a separate vote by a class or classes
        is required, a majority of the shares of such class or classes present in
        person
        or represented by proxy shall constitute a quorum entitled to take action
        with
        respect to that vote on that matter.</font></div>
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        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>If
        a quorum shall fail to attend any
        meeting, the chairman of the meeting may adjourn the meeting to another place,
        date, or time.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>5</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Organization</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Such
        person as the Board of Directors
        may have designated or, in the absence of such a person, the Chairman of
        the
        Board or, in his or her absence, the President of the Corporation or, in
        his or
        her absence, such person as may be chosen by the holders of a majority of
        the
        shares entitled to vote who are present, in person or by proxy, shall call
        to
        order any meeting of the stockholders and act as chairman of the
        meeting.&#160;&#160;In the absence of the Secretary of the Corporation, the
        secretary of the meeting shall be such person as the chairman of the meeting
        appoints.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>6</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Conduct
        of
        Business</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        chairman of any meeting of
        stockholders shall determine the order of business and the procedure at the
        meeting, including such regulation of the manner of voting and the conduct
        of
        discussion as seem to him or her in order.&#160;&#160;The chairman shall have
        the power to adjourn the meeting to another place, date, and
        time.&#160;&#160;The date and time of the opening and closing of the polls for
        each matter upon which the stockholders will vote at the meeting shall be
        announced at the meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>7</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Proxies
        and
        Voting</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>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.&#160;&#160;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.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
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          </div>
        </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">-
            3 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>All
        voting, including on the election
        of directors but excepting where otherwise required by law, may be by a voice
        vote; provided, however, that upon demand therefore by a stockholder entitled
        to
        vote or by his or her proxy, a stock vote shall be taken.&#160;&#160;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.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>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.&#160;&#160;The Corporation may designate one or more persons as
        alternate inspectors to replace any inspector who fails to act.&#160;&#160;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.&#160;&#160;Each inspector, before
        entering upon the discharge of his duties, shall take and sign an oath
        faithfully to execute the duties of inspector with strict impartiality and
        according to the best of his ability.&#160;&#160;Every vote taken by ballots
        shall be counted by a duly appointed inspector or inspectors.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>All
        elections shall be determined by a
        plurality of the votes cast, and except as otherwise required by law, all
        other
        matters shall be determined by a majority of the votes cast affirmatively
        or
        negatively.</font></div>
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      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            4 -</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>8</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>List
        of
        Stockholders</u>.&#160;&#160;The Secretary 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.&#160;&#160;Such list shall
        be open to the examination of any stockholder, for any purpose germane to
        the
        meeting for a period of at least ten (10) days prior 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 the meeting, or
        (ii)
        during ordinary business hours, at the principal place of business of the
        Corporation.&#160;&#160;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.&#160;&#160;If the meeting is to be held at a place, then the list
        shall 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.&#160;&#160;If the meeting is to be held solely by means of remote
        communication, then the list shall also be open to the examination of any
        stockholder during the whole time of the meeting on a reasonably accessible
        electronic network, and the information required to access such list shall
        be
        provided with the notice of the meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        9</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Notice of
        Stockholder Nominations of Directors and Proposals</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB2" style="LETTER-SPACING: 9pt;"><font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;&#160;&#160;&#160;</font>&#160;Nominations
        of persons for election to the Board of Directors may be made at an annual
        meeting of stockholders or a special meeting of stockholders at which directors
        are to be elected and proposals of business to be transacted by the stockholders
        may be made at an annual meeting of stockholders (a) pursuant to the
        Corporation&#8217;s notice with respect to such meeting, (b) by or at the direction of
        the Board of Directors (or any duly authorized committee thereof), or (c)
        by any
        stockholder of the Corporation (i) who is a stockholder of record on the
        date of
        the giving of the notice provided for in this Section 9 and on the record
        date
        for the determination of stockholders entitled to vote at such meeting and
        (ii)
        who has complied with the notice procedures set forth in this Section
        9.</font></div>
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        <div>&#160;</div>
        <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
          For nominations or other business to be properly brought before an annual
          meeting by a stockholder pursuant to clause (c) of the foregoing paragraph,
          (1)
          the stockholder must have given timely notice thereof in writing to the
          Secretary of the Corporation, delivered or mailed by first class United
          States
          mail, postage prepaid, to the Secretary of the Corporation so that it is
          received (a) with respect to director nominations, not less than ninety
          days
          prior to the date of the meeting, and (b) for all other business, not less
          than
          forty-five days prior to the anniversary date of the date of mailing of
          the
          prior year&#8217;s proxy statement; provided, however, that (c) in the event the
          annual meeting is scheduled to be held on a date more than thirty days
          prior to
          or delayed by more than 60 days after the date of the prior year&#8217;s meeting,
          notice by the stockholder in order to be timely must be so received not
          later
          than the later of (i) the close of business ninety days prior to the meeting,
          with respect to director nominations, and forty-five days prior to the
          anniversary date of the date of mailing of the previous year&#8217;s proxy statement
          for all other business or (ii) the tenth day following the day on which
          such
          notice of the date of the annual meeting was mailed or such public disclosure
          of
          the date of the annual meeting was made, (2) such business must be a proper
          matter for stockholder action under the Delaware General Corporation Law,
          (3) if
          the stockholder, or the beneficial owner on whose behalf any such proposal
          or
          nomination is made, has provided the Corporation with a Solicitation Notice,
          as
          that term is defined in this Section 9, such stockholder or beneficial
          owner
          must, in the case of a proposal, 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 to carry any such proposal, or, in the case
          of a
          nomination or nominations, have delivered a proxy statement and form of
          proxy to
          holders of a percentage of the Corporation&#8217;s voting shares reasonably believed
          by such stockholder or beneficial holder to be sufficient to elect the
          nominee
          or nominees proposed to be nominated by such stockholder, and must, in
          either
          case, have included in such materials the Solicitation Notice and (4) if
          no
          Solicitation Notice relating thereto has been timely provided pursuant
          to this
          Section, the stockholder or beneficial owner proposing such business or
          nomination must not have solicited a number of proxies sufficient to have
          required the delivery of such a Solicitation Notice, under this
          Section.</font></div>
      </div>
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            6 -</font></div>
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        </div>
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        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        For nominations to be properly brought before a special meeting called for
        the
        election of director(s) by a stockholder pursuant to clause (c) of the first
        paragraph of Section 9, (1) the stockholder must have given timely notice
        thereof in writing to the Secretary of the Corporation, delivered or mailed
        by
        first class United States mail, postage prepaid, to the Secretary of the
        Corporation so that it is received not later than the close of business on
        the
        tenth day following the day on which notice of the date of the special meeting
        was mailed or public disclosure of the date of the special meeting was made,
        whichever first occurs (and in no event shall the public announcement of
        an
        adjournment of the meeting commence a new time period for a giving of a
        stockholder&#8217;s notice under this Section); (2) if the stockholder, or the
        beneficial owner on whose behalf any such proposal is made, has provided
        the
        Corporation with a Solicitation Notice, as that term is defined in this Section
        9, such stockholder or beneficial owner must, in the case of a proposal,
        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 to
        carry any such proposal, or, in the case of a nomination or nominations,
        have
        delivered a proxy statement and form of proxy to holders of a percentage
        of the
        Corporation&#8217;s voting shares reasonably believed by such stockholder or
        beneficial holder to be sufficient to elect the nominee or nominees proposed
        to
        be nominated by such stockholder, and must, in either case, have included
        in
        such materials the Solicitation Notice and (3) if no Solicitation Notice
        relating thereto has been timely provided pursuant to this Section, the
        stockholder or beneficial owner proposing such business or nomination must
        not
        have solicited a number of proxies sufficient to have required the delivery
        of
        such a Solicitation Notice, under this Section.</font></div>
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        </div>
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            7 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Each such notice nominating a candidate for a director shall set forth (a) with
        respect to the nominee, (i) the name, age, business address and, if known,
        residence address of each nominee proposed in such notice, (ii) the principal
        occupation or employment of each such nominee for the past five years, (iii)
        the
        class or series and number of shares of capital stock of the Corporation
        which
        are owned beneficially or of record by the person and (iv) any other information
        relating to the person that would be required to be disclosed in a proxy
        statement or other filings required to be made in connection with solicitations
        of proxies for election of directors pursuant to Section 14 of the Securities
        Exchange Act of 1934, as amended (the &#8220;Exchange Act&#8221;), and the rules and
        regulations promulgated thereunder; (b) as to the stockholder giving the
        notice
        (i) the name and record address of such stockholder, (ii) the class or series
        and number of shares of capital stock of the Corporation which are owned
        beneficially or of record by such stockholder, (iii) a description of all
        arrangements or understandings between such stockholder and each proposed
        nominee and any other person or persons (including their
        names)&#160;&#160;pursuant to which the nomination(s) are to be made by such
        stockholder, (iv) a representation that such stockholder intends to appear
        in
        person or by proxy at the meeting to nominate the persons named in its notice
        and (v) any other information relating to such stockholder that would be
        required to be disclosed in a proxy statement or other filings required to
        be
        made in connection with solicitations of proxies for election of directors
        pursuant to Section 14 of the Exchange Act and the rules and regulations
        promulgated thereunder; and (c) whether such stockholder or beneficial owner
        has
        delivered or intends to deliver a proxy statement and form of proxy to holders
        of a sufficient number of holders of the Corporation&#8217;s voting shares to elect
        such nominee or nominees (the notice described in this sentence shall be
        referred to as a &#8220;Solicitation Notice&#8221;).&#160;&#160;Such notice must be
        accompanied by a written consent of each proposed nominee to being named
        as a
        nominee and to serve as a director if elected.</font></div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center">
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          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Each such notice regarding business other than a nomination for director
        shall
        set forth (a) with respect to any other business that the stockholder proposes
        to bring before the meeting (i) a brief description of such business, (ii)
        the
        reasons for conducting such business at the meeting, and (iii) any material
        interest in such business of such stockholder and the beneficial owner, if
        any,
        on whose behalf the proposal is made; and (b) as to the stockholder giving
        the
        notice and the beneficial owner, if any, on whose behalf the nomination or
        proposal is made (i) the name and address of such stockholder, and of such
        beneficial owner, as they appear on the Corporation&#8217;s books, (ii) the class and
        number of shares of the Corporation that are owned beneficially and of record
        by
        such stockholder and such beneficial owner, and (iii) whether such stockholder
        or beneficial owner intends to deliver a proxy statement and form of proxy
        to
        holders of, in the case of a proposal, at least the percentage of the
        Corporation&#8217;s voting shares required under applicable law to carry the proposal
        or, in the case of a nomination or nominations, a sufficient number of holders
        of the Corporation&#8217;s voting shares to elect such nominee or nominees (the notice
        described in this sentence shall also be referred to as a &#8220;<u>Solicitation
        Notice</u>&#8221;).</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Notwithstanding
        anything in this
        Section 9 to the contrary, in the event that the number of directors to be
        elected to the Board is increased and there is no public announcement naming
        all
        of the nominees for director or specifying the size of the increased Board
        made
        by the Corporation at least fifty-five (55) days prior to the Anniversary,
        a
        stockholder&#8217;s notice required by this Section shall also be considered timely,
        but only with respect to nominees for any new positions created by such
        increase, if it shall be delivered to the Secretary at the principal executive
        offices of the Corporation not later than the close of business on the tenth
        day
        following the day on which such public announcement is first made by the
        Corporation.</font></div>
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          </div>
        </div>
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        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Only persons nominated in accordance with the procedures set forth in this
        Section 9 shall be eligible to serve as directors and only such business
        shall
        be conducted at an annual meeting of stockholders as shall have been brought
        before the meeting in accordance with the procedures set forth in this
        Section.&#160;&#160;The Chairman of the meeting, may, if the facts warrant,
        determine and declare to the meeting that a shareholder failed to provide
        notice
        of a nomination in accordance with the foregoing procedure, and if he should
        so
        determine, he shall so declare to the meeting and the defective nomination
        shall
        be disregarded.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Only
        such business shall be conducted
        at a special meeting of stockholders as shall have been brought before the
        meeting pursuant to the Corporation&#8217;s notice of meeting.&#160;&#160;Nominations
        of persons for election to the Board of Directors may be made at a special
        meeting of stockholders at which directors are to be elected pursuant to
        the
        Corporation&#8217;s notice of meeting (a) by or at the direction of the Board (or any
        duly authorized committee thereof) or (b) by any stockholder of record of
        the
        Corporation (i) who is a stockholder of record on the date of the giving
        of the
        notice provided for in this Section 9 and on the record date for the
        determination of stockholders entitled to vote at such meeting and (ii) who
        has
        complied with the notice procedures set forth in this Section 9.</font></div>
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        </div>
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            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        Nominations by stockholders of persons for election to the Board may be made
        at
        such a special meeting of stockholders if the stockholder&#8217;s notice required by
        this Section 9 shall be delivered to the Secretary at the principal executive
        offices of the Corporation not later than the close of business on the later
        of
        the ninetieth day prior to such special meeting or the tenth day following
        the
        day on which public announcement is first made of the date of the special
        meeting and of the nominees proposed by the Board to be elected at such
        meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>For
        purposes of this Section, &#8220;public
        announcement&#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 pursuant to Section 13, 14 or 15(d) of the Exchange Act.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 36pt;"></font>Notwithstanding
        the foregoing
        provisions of this Section 9, 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 in this Section
        9.&#160;&#160;Nothing in this Section 9 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 and nothing in this
        Section 9 shall give any stockholder any right to include a proposal in the
        Corporation&#8217;s proxy statement unless such stockholder has complied with all of
        the requirements of Rule 14a-8.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>III</u>&#160;-&#160;<u>BOARD OF DIRECTORS</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section
        </u><u>1</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Number,
        Election and Term of Directors</u>.</font><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Subject
        to the rights of the holders of
        any series of preferred stock to elect directors under specified circumstances,
        the number of directors shall be fixed from time to time exclusively by the
        Board of Directors pursuant to a resolution adopted by a majority of the
        Whole
        Board.&#160;&#160;The directors, other than the initial sole director and other
        than those who may be elected by the holders of any series of preferred stock
        under specified circumstances, shall be divided, with respect to the time
        for
        which they severally hold office, into three classes with the term of office
        of
        the first class to expire at the Corporation&#8217;s first annual meeting of
        stockholders, the term of office of the second class to expire at the
        Corporation&#8217;s second annual meeting of stockholders, and the term of office of
        the third class to expire at the Corporation&#8217;s third annual meeting of
        stockholders, with each director to hold office until his or her successor
        shall
        have been duly elected and qualified.&#160;&#160;At each annual meeting of
        stockholders, commencing with the first annual meeting, (i) directors elected
        to
        succeed those directors whose terms then expire shall be elected for a term
        of
        office to expire at the third succeeding annual meeting of stockholders after
        their election, with each director to hold office until his or her successor
        shall have been duly elected and qualified, and (ii) if authorized by a
        resolution of the Board of Directors, directors may be elected to fill any
        vacancy on the Board of Directors, regardless of how such vacancy shall have
        been created.</font></div>
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            11 -</font></div>
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            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>2</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Newly
        Created
        Directorships and Vacancies</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><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;&#160;&#160;&#160;&#160;&#160;&#160;
        Subject to applicable law and to the rights of the holders of any series
        of
        preferred stock with respect to such series of preferred stock, and unless
        the
        Board of Directors otherwise determines, newly created directorships resulting
        from any increase in the authorized number of directors or any vacancies
        on the
        Board of Directors resulting from death, resignation, retirement,
        disqualification, removal from office, or other cause shall be filled only
        by a
        majority vote of the directors then in office, though less than a quorum,
        and
        directors so chosen shall hold office for a term expiring at the annual meeting
        of stockholders at which the term of office of the class to which they have
        been
        elected expires and until such director&#8217;s successor shall have been duly elected
        and qualified.&#160;&#160;No decrease in the number of authorized directors
        constituting the entire Board of Directors shall shorten the term of any
        incumbent director.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            12 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>3</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Regular
        Meetings</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Regular
        meetings of the Board of
        Directors shall be held at such place or places, on such date or dates, and
        at
        such time or times as shall have been established by the Board of Directors
        and
        publicized among all directors.&#160;&#160;A notice of each regular meeting
        shall not be required.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>4</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Special
        Meetings</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Special
        meetings of the Board of
        Directors may be called by the President of the Corporation or by two or
        more
        directors then in office and shall be held at such place, on such date, and
        at
        such time as they or he or she shall fix.&#160;&#160;Notice of the place, date,
        and time of each such special meeting shall be given each director by whom
        it is
        not waived by mailing written notice not less than five (5) days before the
        meeting or by telephone or by telegraphing or telexing or by facsimile
        transmission of the same not less than twenty-four (24) hours before the
        meeting.&#160;&#160;Unless otherwise indicated in the notice thereof, any and
        all business may be transacted at a special meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
</u><u>5</u>.<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;<u>Quorum</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>At
        any meeting of the Board of
        Directors, a majority of the total number of the Whole Board shall constitute
        a
        quorum for all purposes.&#160;&#160;If a quorum shall fail to attend any
        meeting, a majority of those present may adjourn the meeting to another place,
        date, or time, without further notice or waiver thereof.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section
        </u><u>6</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Participation
        in Meetings by Conference Telephone</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Members
        of the Board of Directors, or
        of any committee thereof, may participate in a meeting of the Board 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 such
        participation shall constitute presence in person at such meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            13 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>7</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
<u>Conduct of Business</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>At
        any meeting of the Board of
        Directors, business shall be transacted in such order and manner as the Board
        may from time to time determine, and all matters shall be determined by the
        vote
        of a majority of the directors present, except as otherwise provided herein
        or
        required by law.&#160;&#160;Action may be taken by the Board of Directors
        without a meeting if all members thereof consent thereto in writing, and
        the
        writing or writings are filed with the minutes of proceedings of the Board
        of
        Directors.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>8</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Powers</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Board of Directors may, except as
        otherwise required by law, exercise all such powers and do all such acts
        and
        things as may be exercised or done by the Corporation, including, without
        limiting the generality of the foregoing, the unqualified power:</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(1)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        declare dividends from time to time in accordance with law;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(2)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        purchase or otherwise acquire any property, rights or privileges on such
        terms
        as it shall determine;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(3)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        authorize the creation, making and issuance, in such form as it may determine,
        of written obligations of every kind, negotiable or non-negotiable, secured
        or
        unsecured, and to do all things necessary in connection therewith;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(4)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        remove
        any officer of the Corporation with or without cause, and from time to time
        to
        devolve the powers and duties of any officer upon any other person for the
        time
        being;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(5)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        confer
        upon any officer of the Corporation the power to appoint, remove and suspend
        subordinate officers, employees and agents;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            14 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(6)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        adopt
        from time to time such stock option, stock purchase, bonus or other compensation
        plans for directors, officers, employees and agents of the Corporation and
        its
        subsidiaries as it may determine;</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(7)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        adopt
        from time to time such insurance, retirement, and other benefit plans for
        directors, officers, employees and agents of the Corporation and its
        subsidiaries as it may determine; and</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><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;(8)<font id="TAB2" style="LETTER-SPACING: 9pt;">&#160;&#160;&#160;</font>&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;">To
        adopt
        from time to time regulations, not inconsistent with these Bylaws, for the
        management of the Corporation&#8217;s business and affairs.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>9</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Compensation
        of Directors</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Unless
        otherwise restricted by the
        Certificate of Incorporation, the Board of Directors shall have the authority
        to
        fix the compensation of the directors.&#160;&#160;The directors may be paid
        their expenses, if any, of attendance at each meeting of the Board of Directors
        and may be paid a fixed sum for attendance at each meeting of the Board of
        Directors or paid a stated salary or paid other compensation as
        director.&#160;&#160;No such payment shall preclude any director from serving
        the Corporation in any other capacity and receiving compensation
        therefore.&#160;&#160;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; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>IV</u>&#160;-&#160;<u>COMMITTEES</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section
        </u><u>1</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Committees
        of the Board of Directors</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Board of Directors may from time to
        time designate committees of the Board of Directors, with such lawfully
        delegable powers and duties as it thereby confers, to serve at the pleasure
        of
        the Board and shall, for those committees and any others provided for herein,
        elect a director or directors to serve as the member or members, designating,
        if
        it desires, other directors as alternate members who may replace any absent
        or
        disqualified member at any meeting of the committee.&#160;&#160;In the absence
        or disqualification of any member of any committee and any alternate member
        in
        his or her place, the member or members of the committee present at the meeting
        and not disqualified from voting, whether or not he or she or they constitute
        a
        quorum, may by unanimous vote appoint another member of the Board of Directors
        to act at the meeting in the place of the absent or disqualified
        member.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          </div>
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            15 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>2</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
<u>Conduct of Business</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>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.&#160;&#160;Adequate provision shall be made for notice to members of all
        committee meetings; one-third (1/3) of the members shall constitute a quorum
        unless the committee shall consist of one (1) or two (2) members, in which
        event
        one (1) member shall constitute a quorum; and all matters shall be determined
        by
        a majority vote of the members present.&#160;&#160;Action may be taken by any
        committee without a meeting if all members thereof consent thereto in writing,
        and the writing or writings are filed with the minutes of the proceedings
        of
        such committee.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>V</u>&#160;-&#160;<u>OFFICERS</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>1</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
<u>Generally</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        officers of the Corporation shall
        consist of a President, one or more Vice Presidents, a Secretary, a Treasurer,
        and such other officers as may from time to time be appointed by the Board
        of
        Directors.&#160;&#160;Officers shall be elected by the Board of
        Directors.&#160;&#160;Each officer shall hold office until his or her successor
        is elected and qualified or until his or her earlier resignation or
        removal.&#160;&#160;Any number of offices may be held by the same
        person.&#160;&#160;The salaries of officers elected by the Board of Directors
        shall be fixed from time to time by the Board of Directors or by such officers
        as may be designated by resolution of the Board.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">-
            16 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>2</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Chairman
        of the Board</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>It
        shall be the duty of the Chairman to
        preside at all of the meetings of stockholders and directors; to have general
        and active management of the business of the Corporation; and to see that
        all
        orders and resolutions of the board of directors are carried into
        effect.&#160;&#160;The Chairman of the Board shall be vested with all the powers
        and be required to perform all the duties of the President in his absence
        or
        disability.&#160;&#160;The Chairman of the Board shall perform such other duties
        as shall be assigned to him by the Board of Directors.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>3</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>President</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        President shall be the Chief
        Executive Officer of the Corporation.&#160;&#160;Subject to the provisions of
        these Bylaws and to the direction of the Board of Directors, he or she shall
        have the responsibility for the general management and control of the business
        and affairs of the Corporation and shall perform all duties and have all
        powers
        which are commonly incident to the office of chief executive or which are
        delegated to him or her by the Board of Directors.&#160;&#160;He or she shall
        have power, unless otherwise delegated, to sign all stock certificates,
        contracts, and other instruments of the Corporation which are authorized
        and
        shall have general supervision and direction of all of the other officers,
        employees, and agents of the Corporation.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>4</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Vice
        President</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Each
        Vice President shall have such
        powers and duties as may be delegated to him or her by the Board of
        Directors.&#160;&#160;If there is more than one (1) Vice President then one (1)
        Vice President may be designated by the Board to perform the duties and exercise
        the powers of the President in the event of the President&#8217;s absence or
        disability.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          </div>
        </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">-
            17 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>5</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
<u>Treasurer</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Treasurer shall have the
        responsibility for maintaining the financial records of the
        Corporation.&#160;&#160;He or she shall make such disbursements of the funds of
        the Corporation as are authorized and shall render from time to time an account
        of all such transactions and of the financial condition of the
        Corporation.&#160;&#160;The Treasurer shall also perform such other duties as
        the Board of Directors may from time to time prescribe.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>6</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Secretary</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Secretary shall issue all
        authorized notices for, and shall keep minutes of, all meetings of the
        stockholders and the Board of Directors.&#160;&#160;He or she shall have charge
        of the corporate books and shall perform such other duties as the Board of
        Directors may from time to time prescribe.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>7</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
<u>Delegation of Authority</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Board of Directors may from time to
        time delegate the powers or duties of any officer to any other officers or
        agents, notwithstanding any provision hereof.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>8</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Removal</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Any
        officer of the Corporation may be
        removed at any time, with or without cause, by the Board of
        Directors.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section
        </u><u>9</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Action
        with Respect to Securities of Other Corporations</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Unless
        otherwise directed by the Board
        of Directors, the President or any officer of the Corporation authorized
        by the
        President shall have power to vote and otherwise act on behalf of the
        Corporation, in person or by proxy, at any meeting of stockholders of or
        with
        respect to any action of stockholders of any other corporation in which the
        Corporation may hold securities and otherwise to exercise any and all rights
        and
        powers which the Corporation may possess by reason of its ownership of
        securities in such other corporation.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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          </div>
        </div>
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            18 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>VI</u>&#160;-&#160;<u>STOCK</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>1</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Certificates
        of Stock; Uncertificated Shares</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Shares
        of stock in the Corporation may
        be represented by certificates or may be issued in uncertificated form in
        accordance with the Delaware General Corporation Law.&#160;&#160;The issuance of
        shares in uncertificated form shall not affect shares already represented
        by a
        certificate until the certificate is surrendered to the Corporation. Each
        holder
        of stock in the Corporation represented by certificates shall be entitled
        to a
        certificate signed by, or in the name of the Corporation by, the Chairman
        or
        Vice-chairman of the Board of Directors or the<strong>&#160;</strong>President
        or a Vice President, and by the Secretary or an Assistant Secretary, or the
        Treasurer or an Assistant Treasurer, certifying the number of shares
        represented.&#160;&#160;Any or all of the signatures on the certificate may be
        by facsimile.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>2</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Transfers
        of Stock</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Transfers
        of stock shall be made only
        upon the transfer books of the Corporation kept at an office of the Corporation
        or by transfer agents designated to transfer shares of the stock of the
        Corporation.&#160;&#160;Except where a certificate is issued in accordance with
        Section 4 of Article VI of these Bylaws, an outstanding certificate for the
        number of shares involved which are represented by certificates shall be
        surrendered for cancellation before a new certificate is issued
        therefore.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>3</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
<u>Record Date</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>In
        order that the Corporation may
        determine the stockholders entitled to notice of or to vote at any meeting
        of
        stockholders, or to receive payment of any dividend or other distribution
        or
        allotment of any rights or 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, except as otherwise required by law, fix a record
        date, which record date shall not precede the date on which the resolution
        fixing the record date is adopted and which record date shall not be more
        than
        sixty (60) nor less than ten (10) days before the date of any meeting of
        stockholders, nor more than sixty (60) days prior to the time for such other
        action as hereinbefore described; provided, however, that if no record date
        is
        fixed by the Board of Directors, the record date for determining stockholders
        entitled to notice of or to vote at a meeting of stockholders shall be at
        the
        close of business on the day next preceding the day on which notice is given
        or,
        if notice is waived, at the close of business on the day next preceding the
        day
        on which the meeting is held, and, for determining stockholders entitled
        to
        receive payment of any dividend or other distribution or allotment of rights
        or
        to exercise any rights of change, conversion or exchange of stock or for
        any
        other purpose, the record date shall be at the close of business on the day
        on
        which the Board of Directors adopts a resolution relating thereto.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            19 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>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 the adjourned meeting.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section&#160;</u><u>4</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Lost,
        Stolen or Destroyed Certificates</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>In
        the event of the loss, theft, or
        destruction of any certificate of stock, another may be issued in its place
        pursuant to such regulations as the Board of Directors may establish concerning
        proof of such loss, theft, or destruction and concerning the giving of a
        satisfactory bond or bonds of indemnity.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>5</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Regulations</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        issue, transfer, conversion and
        registration of stock shall be governed by such other regulations as the
        Board
        of Directors may establish.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
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            20 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
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          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>VII</u>&#160;&#8211;&#160;<u>NOTICES</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>1</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Notices</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Except
        as otherwise specifically
        provided herein or required by law, all notices required to be given to any
        stockholder, director, officer, employee, or agent shall be in writing and
        may
        in every instance be effectively given by hand delivery to the recipient
        thereof, by depositing such notice in the mails, postage paid, recognized
        overnight delivery service or by sending such notice by facsimile, receipt
        acknowledged, or by prepaid telegram or mailgram.&#160;&#160;Any such notice
        shall be addressed to such stockholder, director, officer, employee, or agent
        at
        his or her last known address as the same appears on the books of the
        Corporation.&#160;&#160;The time when such notice is received, if hand
        delivered, or dispatched, if delivered through the mails or by telegram or
        mailgram, shall be the time of the giving of the notice.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>2</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Waivers</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>A
        written waiver of any notice, signed
        by a stockholder, director, officer, employee, or agent, whether before or
        after
        the time of the event for which notice is to be given, shall be deemed
        equivalent to the notice required to be given to such stockholder, director,
        officer, employee, or agent.&#160;&#160;Neither the business nor the purpose of
        any meeting need be specified in such a waiver.&#160;&#160;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><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>VIII</u>&#160;&#8211;&#160;<u>MISCELLANEOUS</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>1</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Facsimile
        Signatures</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>In
        addition to the provisions for use
        of facsimile signatures elsewhere specifically authorized in these Bylaws,
        facsimile signatures of any officer or officers of the Corporation may be
        used
        whenever and as authorized by the Board of Directors or a committee
        thereof.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">-
            21 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>2</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Corporate
        Seal</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Board of Directors may provide a
        suitable seal, containing the name of the Corporation, which seal shall be
        in
        the charge of the Secretary.&#160;&#160;If and when so directed by the Board of
        Directors or a committee thereof, duplicates of the seal may be kept and
        used by
        the Treasurer or by an Assistant Secretary or Assistant Treasurer.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section&#160;</u><u>3</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
        </font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Reliance
        upon Books, Reports and Records</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Each
        director, each member of any
        committee designated by the Board of Directors, and each officer of the
        Corporation shall, in the performance of his or her duties, be fully protected
        in relying in good faith upon the books of account or other records of the
        Corporation and upon such information, opinions, reports or statements presented
        to the Corporation by any of its officers or employees, or committees of
        the
        Board of Directors so designated, or by any other person as to matters which
        such director or committee member reasonably believes are within such other
        person&#8217;s professional or expert competence and who has been selected with
        reasonable care by or on behalf of the Corporation.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>4</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Fiscal
        Year</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        fiscal year of the Corporation
        shall be as fixed by the Board of Directors.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>5</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Time
        Periods</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>In
        applying any provision of these
        Bylaws which requires that an act be done or not be done a specified number
        of
        days prior to an event or that an act be done during a period of a specified
        number of days prior to an event, calendar days shall be used, the day of
        the
        doing of the act shall be excluded, and the day of the event shall be
        included.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        6</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Electronic
        Communications</u>.&#160;&#160;Notwithstanding anything else herein contained,
        these Bylaws shall not prohibit or restrict the taking of any action by the
        Corporation, the Board of Directors or any directors, officers or stockholders
        by electronic transmission or remote communication to the fullest extent
        permitted by the Delaware General Corporation Law, provided that this section
        shall in no way limit the discretion conferred on the Board by the Delaware
        General Corporation Law to determine whether or not such means are to be
        employed or permitted.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">-
            22 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>IX</u>&#160;-&#160;<u>INDEMNIFICATION OF DIRECTORS AND
        OFFICERS</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>1</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Right
        to Indemnification</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Each
        person who was or is made a party
        or is threatened to be made a party to or is otherwise involved in any action,
        suit, or proceeding, whether civil, criminal, administrative, or investigative
        (hereinafter a &#8220;<u>proceeding</u>&#8221;), by reason of the fact that he or she is or
        was a director or officer of the Corporation or is or was serving at the
        request
        of the Corporation as a director, officer, employee, or agent of another
        Corporation or of a partnership, joint venture, trust, or other enterprise,
        including service with respect to an employee benefit plan (hereinafter an
        &#8220;<u>indemnitee</u>&#8221;), whether the basis of such proceeding is alleged action in
        an official capacity as a director, officer, employee, or agent or in any
        other
        capacity while serving as a director, officer, employee, or agent, shall
        be
        indemnified and held harmless by the Corporation to the fullest extent
        authorized by the Delaware General Corporation Law, as the same exists or
        may
        hereafter be amended (but, in the case of any such amendment, only to the
        extent
        that such amendment permits the Corporation to provide broader indemnification
        rights than such law permitted the Corporation to provide prior to such
        amendment), against all expense, liability, and loss (including attorneys&#8217; fees,
        judgments, fines, ERISA excise taxes, or penalties and amounts paid in
        settlement) reasonably incurred or suffered by such indemnitee in connection
        therewith; provided, however, that, except as provided in Section 3 of this
        ARTICLE IX with respect to proceedings to enforce rights to indemnification,
        the
        Corporation shall indemnify any such indemnitee in connection with a proceeding
        (or part thereof) initiated by such indemnitee only if such proceeding (or
        part
        thereof) was authorized by the Board of Directors of the
        Corporation.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
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          </div>
        </div>
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            23 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section
        </u><u>2</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Right
        to Advancement of Expenses</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        right to indemnification conferred
        in Section 1 of this ARTICLE IX shall include the right to be paid by the
        Corporation the expenses (including attorney&#8217;s fees) incurred in defending any
        such proceeding in advance of its final disposition (hereinafter an
&#8220;<u>advancement of expenses</u>&#8221;); provided, however, that, if the Delaware
        General Corporation Law requires, an advancement of expenses incurred by
        an
        indemnitee in his or her capacity as a director or officer (and not in any
        other
        capacity in which service was or is rendered by such indemnitee, including,
        without limitation, service to an employee benefit plan) shall be made only
        upon
        delivery to the Corporation of an undertaking (hereinafter an
&#8220;<u>undertaking</u>&#8221;), by or on behalf of such indemnitee, to repay all amounts
        so advanced if it shall ultimately be determined by final judicial decision
        from
        which there is no further right to appeal (hereinafter a &#8220;<u>final
        adjudication</u>&#8221;) that such indemnitee is not entitled to be indemnified for
        such expenses under this Section 2 or otherwise.&#160;&#160;The rights to
        indemnification and to the advancement of expenses conferred in Sections
        1 and 2
        of this ARTICLE IX shall be contract rights and such rights shall continue
        as to
        an indemnitee who has ceased to be a director, officer, employee, or agent
        and
        shall inure to the benefit of the indemnitee&#8217;s heirs, executors and
        administrators.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left">
          </div>
        </div>
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            24 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>3</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Right
        of Indemnitee to Bring Suit</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>If
        a claim under Section 1 or 2 of this
        ARTICLE IX is not paid in full by the Corporation within sixty (60) days
        after a
        written claim has been received by the Corporation, except in the case of
        a
        claim for an advancement of expenses, in which case the applicable period
        shall
        be twenty (20) days, the indemnitee may at any time thereafter bring suit
        against the Corporation to recover the unpaid amount of the claim.&#160;&#160;If
        successful in whole or in part in any such suit, or in a suit brought by
        the
        Corporation to recover an advancement of expenses pursuant to the terms of
        an
        undertaking, the indemnitee shall be entitled to be paid also the expense
        of
        prosecuting or defending such suit.&#160;&#160;In (i) any suit brought by the
        indemnitee to enforce a right to indemnification hereunder (but not in a
        suit
        brought by the indemnitee to enforce a right to an advancement of expenses)
        it
        shall be a defense that, and (ii) in any suit brought by the Corporation
        to
        recover an advancement of expenses pursuant to the terms of an undertaking,
        the
        Corporation shall be entitled to recover such expenses upon a final adjudication
        that, the indemnitee has not met any applicable standard for indemnification
        set
        forth in the Delaware General Corporation Law.&#160;&#160;Neither the failure of
        the Corporation (including its Board of Directors, independent legal counsel,
        or
        its stockholders) to have made a determination prior to the commencement
        of such
        suit that indemnification of the indemnitee is proper in the circumstances
        because the indemnitee has met the applicable standard of conduct set forth
        in
        the Delaware General Corporation Law, nor an actual determination by the
        Corporation (including its Board of Directors, independent legal counsel,
        or its
        stockholders) that the indemnitee has not met such applicable standard of
        conduct, shall create a presumption that the indemnitee has not met the
        applicable standard of conduct or, in the case of such a suit brought by
        the
        indemnitee, be a defense to such suit.&#160;&#160;In any suit brought by the
        indemnitee to enforce a right to indemnification or to an advancement of
        expenses hereunder, or brought by the Corporation to recover an advancement
        of
        expenses pursuant to the terms of an undertaking, the burden of proving that
        the
        indemnitee is not entitled to be indemnified, or to such advancement of
        expenses, under this ARTICLE IX or otherwise, shall be on the
        Corporation.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
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          </div>
        </div>
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            25 -</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: silver" noshade size="1">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right">
          </div>
        </div>
        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>4</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Non-Exclusivity
        of Rights</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        rights to indemnification and to
        the advancement of expenses conferred in this ARTICLE IX shall not be exclusive
        of any other right which any person may have or hereafter acquire under any
        statute, the Corporation&#8217;s Certificate of Incorporation, Bylaws, agreement, vote
        of stockholders or disinterested directors, or otherwise.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font><u>Section
        </u><u>5</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<u>Insurance</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Corporation may maintain insurance,
        at its expense, to protect itself and any director, officer, employee, or
        agent
        of the Corporation or another corporation, partnership, joint venture, trust,
        or
        other enterprise against any expense, liability, or loss, whether or not
        the
        Corporation would have the power to indemnify such person against such expense,
        liability, or loss under the Delaware General Corporation Law.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 72pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Section
        </u><u>6</u>.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;
</font><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><u>Indemnification
        of Employees and Agents of the Corporation</u>.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>The
        Corporation may, to the extent
        authorized from time to time by the Board of Directors, grant rights to
        indemnification and to the advancement of expenses to any employee or agent
        of
        the Corporation to the fullest extent of the provisions of this Article with
        respect to the indemnification and advancement of expenses of directors and
        officers of the Corporation.</font><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>X</u>&#160;&#8211;&#160;<u>AMENDMENTS</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>In
        furtherance and not in limitation of
        the powers conferred by law, the Board of Directors is expressly authorized
        to
        make, alter, amend, and repeal these Bylaws subject to the power of the holders
        of capital stock of the Corporation to alter, amend or repeal the Bylaws;
        provided, however, that, with respect to the powers of holders of capital
        stock
        to make, alter, amend, and repeal Bylaws of the Corporation, notwithstanding
        any
        other provision of these Bylaws or any provision of law which might otherwise
        permit a lesser vote or no vote, but in addition to any affirmative vote
        of the
        holders of any particular class or series of the capital stock of the
        Corporation required by law, these Bylaws or any preferred stock, the
        affirmative vote of the holders of at least sixty-six and 7/10 percent (66.7%)
        of the voting power of all of the then-outstanding shares entitled to vote
        generally in the election of directors, voting together as a single class,
        shall
        be required to make, alter, amend, or repeal any provision of these
        Bylaws.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
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        <div id="FTR">
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        </div>
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          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt;">-
            26 -</font></div>
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        <div>&#160;</div>
      </div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><strong><u>ARTICLE
        </u><u>XI </u>- <u>EQUAL OPPORTUNITY POLICY</u></strong></font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman;"><font id="TAB1" style="MARGIN-LEFT: 72pt;"></font>Consistent
        with the Corporation&#8217;s equal
        employment opportunity policy, nominations for the election of directors
        shall
        be made by the Board of Directors and voted upon by the stockholders in a
        manner
        consistent with these bylaws and without regard to the nominee&#8217;s race, color,
        ethnicity, religion, sex, age, national origin, veteran status, or
        disability.</font></div>
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      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; LINE-HEIGHT: 27.35pt; MARGIN-RIGHT: 0pt" align="center"><font size="2">-
        27 -</font></div>
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