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<SEC-DOCUMENT>0001104659-09-035456.txt : 20090528
<SEC-HEADER>0001104659-09-035456.hdr.sgml : 20090528
<ACCEPTANCE-DATETIME>20090528170640
ACCESSION NUMBER:		0001104659-09-035456
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20090521
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20090528
DATE AS OF CHANGE:		20090528

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TELETECH HOLDINGS INC
		CENTRAL INDEX KEY:			0001013880
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-HELP SUPPLY SERVICES [7363]
		IRS NUMBER:				841291044
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11919
		FILM NUMBER:		09858169

	BUSINESS ADDRESS:	
		STREET 1:		9197 S PEORIA STREET
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112
		BUSINESS PHONE:		303-397-8100

	MAIL ADDRESS:	
		STREET 1:		9197 S PEORIA STREET
		CITY:			ENGLEWOOD
		STATE:			CO
		ZIP:			80112
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a09-14408_18k.htm
<DESCRIPTION>8-K
<TEXT>

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<body lang="EN-US">

<div style="font-family:Times New Roman;">

<div style="border-bottom:solid windowtext 1.0pt;border-left:none;border-right:none;border-top:solid windowtext 3.0pt;padding:1.0pt 0in 0in 0in;">

<p align="left" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:left;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

</div>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">UNITED STATES</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Washington,
D.C.&#160; 20549</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">FORM&nbsp;8-K</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">CURRENT REPORT PURSUANT</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="3" face="Times New Roman" style="font-size:12.0pt;font-weight:bold;">TO SECTION&nbsp;13 OR 15(D)&nbsp;OF THE SECURITIES EXCHANGE ACT OF 1934</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<p align="left" style="margin:0in 0in .0001pt 2.0in;text-align:left;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Date of Report (Date of earliest
event reported):&nbsp;&nbsp;May&nbsp;21, 2009</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="5" face="Times New Roman" style="font-size:18.0pt;font-weight:bold;">TeleTech Holdings,&nbsp;Inc.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Exact Name of
Registrant as Specified in Its Charter)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">&nbsp;</font></b></p>

<div align="center">

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Delaware</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">001-11919</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><b><font size="2" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">84-1291044</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(State or Other
  Jurisdiction of<br>
  Incorporation)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Commission<br>
  File Number)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(I.R.S. Employer<br>
  Identification No.)</font></p>
  </td>
 </tr>
 <tr>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="66%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:66.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9197
  S. Peoria Street, Englewood, Colorado</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">80112</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="66%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:66.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Address of
  Principal Executive Offices)</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="32%" valign="top" style="padding:0in .7pt 0in .7pt;width:32.0%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Zip Code)</font></p>
  </td>
 </tr>
</table>

</div>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">(303)
397-8100</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant&#146;s
Telephone Number, Including Area Code)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Former Name or
Former Address, if Changed since Last Report)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Check the
appropriate box below if the Form&nbsp;8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (<i>see</i> General Instruction A.2. below):</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Written communications pursuant to Rule&nbsp;425
under the Securities Act (17 CFR 230.425)</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Soliciting material pursuant to Rule&nbsp;14a-12
under the Exchange Act (17 CFR 240.14a-12(b))</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Pre-commencement communications pursuant to Rule&nbsp;14d-2(b)&nbsp;under
the Exchange Act (17 CFR 240.14d-2(b))</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Wingdings" style="font-size:10.0pt;">o</font><font size="2" style="font-size:10.0pt;"> Pre-commencement communications pursuant to Rule&nbsp;13e-4(c)&nbsp;under
the Exchange Act (17 CFR 240.13e-4(c))</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<div style="border-bottom:solid windowtext 3.0pt;border-left:none;border-right:none;border-top:solid windowtext 1.0pt;padding:1.0pt 0in 1.0pt 0in;">

<p align="left" style="border:none;margin:0in 0in .0001pt;padding:0in;text-align:left;"><font size="1" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>

</div>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<div align="left" style="margin:0in 0in .0001pt;text-align:left;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
<!-- SEQ.=1,FOLIO='',FILE='C:\JMS\c900263\09-14408-1\task3574077\14408-1-ba.htm',USER='c900263',CD='May 28 22:04 2009' -->


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<div style="font-family:Times New Roman;">

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item 5.03.</font></b><b><font size="1" style="font-size:3.0pt;font-weight:bold;">&#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;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;">Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year</font></b><b><font size="2" style="font-size:10.0pt;font-weight:bold;">.</font></b></p>

<p style="margin:0in 0in .0001pt 1.0in;text-indent:-1.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">On May&nbsp;21, 2009, the Board of Directors (the &#147;Board&#148;) of TeleTech
Holdings,&nbsp;Inc. (the &#147;Company&#148;) approved certain amendments to, and the
restatement of, the Company&#146;s Bylaws (the &#147;Bylaws&#148;).&#160; &#160;The
Board approved the addition of Section&nbsp;2.12 to the Bylaws to specify,
among other things, acceptable methods for giving notice of annual or special
meetings to stockholders and the time when notice by each such method is
effective.&#160; Section&nbsp;2.12 also (1)&nbsp;provides
that the advance notice provisions set forth in such sections of the Bylaws are
the exclusive means for a stockholder to make a director nomination or submit
other business (other than matters properly brought under Rule&nbsp;14a-8 of
the federal proxy rules, which contain their own procedural requirements)
before an annual meeting of stockholders, (2)&nbsp;updates the information that
must be included in the stockholder notice of nomination or other business and (3)&nbsp;specifies
the information that must be provided by all nominees for election as a
director.&#160; The Board also approved the
addition of Section&nbsp;2.13 to the Bylaws to specify how stockholders may
provide notice to the Company.</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">In addition, the Board made certain amendments to the Bylaws to clarify
language regarding plurality voting in the election of directors, the process
for filling any vacancies on the Board and the proper process for amending the
Bylaws.&#160; The Board also made certain technical
and conforming amendments to the Bylaws.</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">The
foregoing description of the amendment to the Company&#146;s Bylaws is qualified in
its entirety by reference to the full text of the Second Amended and Restated Bylaws,
a copy of which is attached hereto as Exhibit&nbsp;3.02 and is incorporated
herein by reference.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Item
9.01.&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Financial Statements
and Exhibits.</font></b></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:3.0pt;">&#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;&#160; </font><font size="2" style="font-size:10.0pt;">Exhibits.</font></p>

<p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="93%" style="border-collapse:collapse;margin-left:.5in;width:93.36%;">
 <tr>
  <td width="12%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:12.78%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit&nbsp;No.</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.54%;">
  <p align="center" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="84%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:84.7%;">
  <p align="center" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="12%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:12.78%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.54%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="84%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:84.7%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="12%" valign="top" style="padding:0in .7pt 0in .7pt;width:12.78%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.02</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.54%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="84%" valign="top" style="padding:0in .7pt 0in .7pt;width:84.7%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Second Amended
  and Restated Bylaws of TeleTech Holdings,&nbsp;Inc., effective as of
  May&nbsp;21, 2009</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>

<div align="left" style="margin:0in 0in .0001pt;text-align:left;"><hr size="3" width="100%" noshade color="#010101" align="left"></div>

</div>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">SIGNATURES</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Pursuant to the requirements of the
Securities Exchange Act of 1934, the Registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="5%" valign="top" style="padding:0in .7pt 0in .7pt;width:5.7%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Date:</font></p>
  </td>
  <td width="42%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:42.08%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">May&nbsp;28, 2009</font></p>
  </td>
  <td width="2%" valign="top" style="padding:0in .7pt 0in .7pt;width:2.22%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="center" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="center" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="center" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">TELETECH HOLDINGS, INC.</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="center" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(Registrant)</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="50%" colspan="2" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;page-break-after:avoid;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0in .7pt 0in .7pt;width:7.64%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By:</font></p>
  </td>
  <td width="42%" valign="top" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:42.36%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Kenneth D.
  Tuchman</font></p>
  </td>
 </tr>
 <tr>
  <td width="50%" colspan="3" valign="top" style="padding:0in .7pt 0in .7pt;width:50.0%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="7%" valign="top" style="padding:0in .7pt 0in .7pt;width:7.64%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="42%" valign="top" style="padding:0in .7pt 0in .7pt;width:42.36%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Kenneth D.
  Tuchman<br>
  Chief Executive Officer</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">TELETECH
HOLDINGS, INC.</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT INDEX</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="8%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:8.28%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit&nbsp;No.</font></b></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.66%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:1.0pt;font-weight:bold;">&nbsp;</font></b></p>
  </td>
  <td width="89%" valign="bottom" style="border:none;border-bottom:solid windowtext 1.0pt;padding:0in .7pt 0in .7pt;width:89.08%;">
  <p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="1" face="Times New Roman" style="font-size:8.0pt;font-weight:bold;">Exhibit</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="8%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:8.28%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.66%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
  <td width="89%" valign="top" style="border:none;padding:0in .7pt 0in .7pt;width:89.08%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>
  </td>
 </tr>
 <tr>
  <td width="8%" valign="top" style="padding:0in .7pt 0in .7pt;width:8.28%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.02</font></p>
  </td>
  <td width="2%" valign="bottom" style="padding:0in .7pt 0in .7pt;width:2.66%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:1.0pt;">&nbsp;</font></p>
  </td>
  <td width="89%" valign="top" style="padding:0in .7pt 0in .7pt;width:89.08%;">
  <p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Second Amended
  and Restated Bylaws of TeleTech Holdings,&nbsp;Inc., effective as of
  May&nbsp;21, 2009</font></p>
  </td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>

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<TYPE>EX-3.02
<SEQUENCE>2
<FILENAME>a09-14408_1ex3d02.htm
<DESCRIPTION>EX-3.02
<TEXT>

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<body lang="EN-US">

<div style="font-family:Times New Roman;">

<p align="right" style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:right;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;text-transform:none;">Exhibit&nbsp;3.02</font></b></p>

<p align="right" style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:right;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;text-transform:none;">SECOND AMENDED AND RESTATED BYLAWS</font></b></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;text-transform:none;">OF</font></b></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;text-transform:none;">TELETECH HOLDINGS, INC.</font></b></p>

<p style="font-weight:bold;margin:0in 0in .0001pt;page-break-after:auto;text-align:center;text-transform:uppercase;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(hereinafter called the &#147;Corporation&#148;)</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE I<i><br>
Offices</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Registered Office</font></u><font size="2" style="font-size:10.0pt;">.&#160; The
registered office of the Corporation in the State of Delaware shall be located
at the Corporation Trust Center, 1209 Orange Street, City of Wilmington, County
of New Castle.&#160; The name of the
Corporation&#146;s registered agent at such address shall be The Corporation Trust
Company.&#160; The registered office and/or
agent of the Corporation may be changed from time to time by action of the
Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">1.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Other Offices</font></u><font size="2" style="font-size:10.0pt;">.&#160; The
Corporation also may have offices at such other places, either within or
without the State of Delaware, as from time to time the Board of Directors may
determine or the business of the Corporation may require.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE II<i><br>
Stockholders</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Time of Meeting</font></u><font size="2" style="font-size:10.0pt;">.&#160; An annual
meeting of stockholders for the election of directors and for such other
business as may be stated in the notice of the meeting, shall be held each year
at such time and date as the Board of Directors, by resolution, shall determine
and as set forth in the notice of the meeting.&#160;
If the election of directors shall not be held on the day designated for
any annual meeting of stockholders, or at any adjournment thereof, the Board of
Directors shall cause the election to be held at a meeting of stockholders on a
day as soon thereafter as may be convenient.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Special Meetings</font></u><font size="2" style="font-size:10.0pt;">.&#160; Special
meetings of stockholders may be called for any purpose and may be held at such
time and place, within or without the State of Delaware, as shall be stated in
a notice of meeting.&#160; Such meetings may
be called by: (a)&nbsp;the Chairman of the Board, the Chief Executive Officer,
or the Vice Chairman; or (b)&nbsp;by the Secretary upon the request of a
majority of the Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Place of Meeting</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Board of
Directors may designate any place, either within or without the State of
Delaware, as the place of meeting for any annual meeting of stockholders or for
any special meeting of stockholders called by the Board of Directors.&#160; Notwithstanding any other provision herein,
the Board of Directors may, in its sole discretion, determine that a meeting of
the stockholders shall not be held at any place, but may instead be held solely
by means of remote communication in the manner authorized by the General
Corporation Law of the State of Delaware (the &#147;<u>DGCL</u>&#148;).&#160; If no designation is made, or if a special
meeting of stockholders be otherwise called, the place of meeting shall be the
Corporation&#146;s principal place of business.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Notice of Meetings; Waiver of Notice</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Written notice stating the place, if any, day and hour of the meeting of
stockholders, the means of remote communications, if any, by which stockholders
and proxyholders may be deemed to be present in person and vote at such
meeting, and in the case of a special meeting of stockholders, the purpose or
purposes for which the meeting is called, shall be delivered, unless otherwise
provided by statute, not less than 10 nor more than 60 days before the date of
the meeting, or in the case of a merger or consolidation, not less than 20 nor
more than 60 days before the meeting or as otherwise provided by statute,
either personally or by mail, by or at the direction of the Board of Directors
or persons calling the meeting or as otherwise provided by statute, to each
stockholder of record entitled to vote at such meeting.</font></p>

<p style="margin:0in 0in .0001pt;text-align:justify;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Written notice of any meeting of stockholders, if
mailed, is given when deposited in the United States mail, postage prepaid,
directed to the stockholder at the address as it appears on the records of the
Corporation.&#160; An affidavit of the Secretary
or an Assistant Secretary or of the transfer agent of the Corporation that the
notice has been given shall, in the absence of fraud, be prima facie evidence
of the facts stated therein.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">To the extent permitted by the DGCL and without
limiting the manner by which notice otherwise may be given effectively to
stockholders, any notice to stockholders given by the Corporation under applicable
law, the certificate of incorporation of the Corporation, as amended and
restated from time to time (the &#147;<u>Certificate of Incorporation</u>&#148;), or
these Bylaws shall be effective if given by a form of electronic transmission
if consented to by the stockholder to whom the notice is given.&#160; Any such consent shall be revocable by the
stockholder by written notice to the Corporation.&#160; Any such consent shall be deemed to be
revoked if (a)&nbsp;the Corporation is unable to deliver by electronic
transmission two consecutive notices by the Corporation in accordance with such
consent and (b)&nbsp;such inability becomes known to the Secretary or Assistant
Secretary or to the transfer agent, or other person responsible for the giving
of notice; provided, however, that the inadvertent failure to treat such
inability as a revocation shall not invalidate any meeting or other
action.&#160; Notice given by electronic
transmission, as described above, shall be deemed given: (i)&nbsp;if by
facsimile telecommunication, when directed to a number at which the stockholder
has consented to receive notice; (ii)&nbsp;if by electronic mail, when directed
to an electronic mail address at which the stockholder has consented to receive
notice; (iii)&nbsp;if by a posting on an electronic network, together with
separate notice to the stockholder of such specific posting, upon the later of (A)&nbsp;such
posting and (B)&nbsp;the giving of such separate notice; and (iv)&nbsp;if by
any other form of electronic transmission, when directed to the stockholder.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&#147;<u>Electronic transmission</u>&#148; shall mean any form
of communication, not directly involving the physical transmission of paper,
that creates a record that may be retained, retrieved and reviewed by a
recipient thereof, and that may be directly reproduced in paper form by such a
recipient through an automated process.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Whenever notice of any meeting of stockholders is
required to be given under any provision of the DGCL or of the Certificate of
Incorporation or these Bylaws, a written waiver thereof, signed by the person
entitled to notice or a waiver by electronic transmission by the person or
persons entitled to notice, whether before or after the time stated therein,
shall be deemed equivalent to notice.&#160;
Attendance of a person at a meeting, present in person or represented by
proxy, shall constitute a waiver of notice of such meeting, except when the
person attends a meeting for the express purpose of objecting, at the beginning
of the meeting, to the transaction of any business because the meeting is not
lawfully called or convened.&#160; Neither the
business to be transacted at, nor the purpose of, any annual or special meeting
of stockholders need be specified in any waiver of notice unless so required by
the Certificate of Incorporation or these Bylaws.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Record Date</font></u><font size="2" style="font-size:10.0pt;">.&#160; For the
purpose of determining stockholders entitled to notice of or to vote at any
meeting of stockholders, or stockholders entitled to receive payment of any
dividend or other distribution, or in order to make a determination of
stockholders for any other proper purpose, the Board of Directors may fix in
advance a date as the record date for any such determination of stockholders,
such date in any case to be not more than 60 days and, unless otherwise
provided by statute, in the case of a meeting of stockholders, not less than 10
days immediately preceding such meeting, or in the case of a merger or
consolidation, not less than 20 days immediately preceding such meeting.&#160; When a determination of stockholders entitled
to vote at any meeting of stockholders has been made as provided in this Section&nbsp;2.5,
such determination shall apply to any adjournment thereof; provided, however,
that the Board of Directors may fix a new record date for the adjourned
meeting.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.6</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Voting Rights; Proxies</font></u><font size="2" style="font-size:10.0pt;">.&#160; </font><font size="2" style="font-size:10.0pt;">Each stockholder shall be entitled to one vote for
each share of voting capital stock held by such stockholder, except as
otherwise provided in the Certificate of Incorporation.&#160; Each stockholder entitled to vote at a
meeting of stockholders or to express consent or dissent to corporate action in
writing without a meeting may authorize another person or persons to act for
such stockholder by a written or electronic proxy, filed in accordance with the
procedure established for the meeting or taking of action in writing, but no
such proxy shall be voted or acted upon after three years from its date, unless
the proxy provides for a longer period.&#160;
Any copy, facsimile telecommunication or other reliable reproduction of
the writing or transmission created pursuant to this Section&nbsp;2.6 may be
substituted or used in lieu of the original writing or transmission for any and
all purposes for which the original writing or transmission could be used,
provided that such copy, facsimile telecommunication or other reproduction
shall be a complete reproduction of the entire original writing or
transmission.&#160; An electronic proxy (which
may be transmitted via telephone, e-mail, the Internet or such other </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2</font></p>

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</div>
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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">electronic means as the Board
of Directors may determine from time to time) shall be deemed executed if the
corporation receives an appropriate electronic transmission from the
stockholder or the stockholder&#146;s attorney-in-fact along with a pass code or
other identifier which reasonably establishes the stockholder or the
stockholder&#146;s attorney-in-fact as the sender of such transmission.&#160; The revocability of a proxy that states on
its face that it is irrevocable shall be governed by the provisions of &#167; 212(c)&nbsp;of
the DGCL or any successor provision thereto.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.7</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">List of Stockholders Entitled to Vote</font></u><font size="2" style="font-size:10.0pt;">.&#160;
The officer who has charge of the stock ledger of the Corporation shall
prepare and make, at least 10&nbsp;days before every meeting of stockholders, a
complete list of the stockholders entitled to vote at the meeting, arranged in
alphabetical order, and showing the address of each stockholder and the number
of shares registered in the name of each stockholder. Such list shall be open
to the examination of any stockholder, for any purpose germane to the meeting,
during ordinary business hours, for a period of at least 10&nbsp;days prior to
the meeting, either (a)&nbsp;at the principal executive offices of the
Corporation, or (b)&nbsp;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.&#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; 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; 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></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.8</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Stock Ledger</font></u><font size="2" style="font-size:10.0pt;">.&#160; The stock
ledger of the Corporation shall be the only evidence as to who are the
stockholders entitled to (i)&nbsp;examine the stock ledger, the list required
by Section&nbsp;2.7 or the books of the Corporation; (ii)&nbsp;receive
dividends; or (iii)&nbsp;vote in person or by proxy at any meeting of
stockholders. The Corporation shall not be bound to recognize any equitable or
other claim to or interest in such share or shares on the part of another
person, whether or not it shall have express or other notice thereof, except as
otherwise required by applicable law.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.9</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Quorum and Manner of Acting</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Unless otherwise provided by the Certificate of Incorporation, holders
of a majority of the voting power of the stock issued and outstanding and
entitled to vote at a meeting thereof, present in person or presented by proxy,
shall constitute a quorum at all meetings of the stockholders.&#160; In the event a quorum is not present or
represented by proxy at any meeting of the stockholders, a majority of the
stockholders entitled to vote thereat, present in person or represented by
proxy, shall have the power to adjourn the meeting from time to time, without
notice other than announcement at the meeting at which adjournment is taken, of
the time and place of the adjourned meeting.&#160;
At the adjourned meeting, the Corporation may transact any business
which may have been transacted at the original meeting.&#160; If the adjournment is for more than thirty
days, or if after the adjournment a new record date is fixed for the adjourned
meeting, a notice of the adjourned meeting shall be given to each stockholder
of record entitled to vote at the meeting.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.10</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Vote Required</font></u><font size="2" style="font-size:10.0pt;">.&#160; If a quorum
is present, the affirmative vote of the holders of a majority of the voting
power of the stock represented at such meeting, whether present or by proxy,
shall be the act of the stockholders, unless the matter to be voted upon is the
election of directors or a matter upon which, by express provision of the DGCL
or of the Certificate of Incorporation, a different vote is required, in which
case such express provision shall determine the vote required to effect such
action.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.11</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Informal Action by Stockholders</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Any action required or permitted to be taken at any annual or special
meeting of stockholders may be taken without a meeting thereof, without prior
notice and without a vote, if a consent in writing, setting forth the action so
taken, shall be signed by the holders of outstanding shares having not less
than the minimum number of votes that would be necessary to authorize or take
such action at a meeting at which all shares entitled to vote thereon were
present and voted.&#160; Prompt notice of the
taking of any action without a meeting by less than unanimous written consent
shall be given to those stockholders who have not consented in writing.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.12</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Notice of Nominations and Other Stockholder Business;
Required Vote for Directors; Director Qualification</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Notice of Nominations and Other Stockholder Business</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Annual Meetings of Stockholders</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(A)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Nominations of persons for election to the Board of
Directors and the proposal of other business to be considered by the
stockholders may be made at an annual meeting of stockholders (a)&nbsp;as
specified in the Corporation&#146;s notice of meeting (or any supplement thereto); (b)&nbsp;by
or at the direction of the Board of Directors or any committee thereof; or (c)&nbsp;by
any stockholder of the Corporation who or which (i)&nbsp;was a stockholder of
record at the time the notice provided for in this Section&nbsp;2.12(a)(i)&nbsp;is
delivered to the Secretary and, with respect to any annual meeting held on or
after August&nbsp;1, 2009, at the time of such annual meeting, (ii)&nbsp;is
entitled to vote at the meeting, and (iii)&nbsp;complies with the notice
procedures set forth in this Section&nbsp;2.12(a)(i)&nbsp;as to such nomination
or other business; clause (c)&nbsp;shall be the exclusive means for a
stockholder to make nominations or submit proposals for other business (other
than matters properly brought under Rule&nbsp;14a-8 under the Securities
Exchange Act of 1934, as amended (the &#147;<u>Exchange Act</u>&#148;) and included in
the Corporation&#146;s notice of meeting) before an annual meeting of stockholders.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(B)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Without qualification, for any nominations or any
other business to be properly brought by a stockholder before an annual meeting
of stockholders pursuant to Section&nbsp;2.12(a)(i)(A)(c), the stockholder must
have given timely notice thereof in writing to the Secretary and any such
proposed business (other than the nominations of persons for election to the
Board of Directors) must constitute a proper matter for stockholder action. To
be timely, a stockholder&#146;s notice shall be delivered to the Secretary at the
principal executive offices of the Corporation not earlier than the close of
business on the 120th day and not later than the close of business on the 90th
day prior to the first anniversary of the preceding year&#146;s annual meeting of
stockholders; <u>provided</u>, <u>however</u>, that in the event that the date
of the annual meeting of stockholders is more than 30 days before or more than
70 days after such anniversary date, notice by the stockholder to be timely
must be so delivered not later than the close of business on the later of the
90th day prior to such annual meeting and the 10th day following the day on
which public announcement of the date of such annual meeting is first made by
the Corporation. In no event shall the postponement of an annual meeting of
stockholders as to which notice has been sent to stockholders commence a new
time period (or extend any time period) for the giving of a stockholder&#146;s
notice as described above. To be in proper form, a stockholder&#146;s notice
(whether given pursuant to this Section&nbsp;2.12(a)(i)(B)&nbsp;or Section&nbsp;2.12(a)(ii))
to the Secretary must: (a)&nbsp;set forth, as to the stockholder giving the
notice and the beneficial owner, if any, on whose behalf the nomination or
proposal for other business is made (i)&nbsp;the name and address of such
stockholder, as they appear on the Corporation&#146;s books, and of such beneficial
owner, if any, (ii)&nbsp;(A)&nbsp;the class or series and number of shares of
the Corporation which are, directly or indirectly, owned beneficially and of
record by such stockholder and/or such beneficial owner, if any, (B)&nbsp;any
option, warrant, convertible security, stock appreciation right, or similar
right with an exercise or conversion privilege or a settlement payment or
mechanism at a price related to any class or series of shares of the
Corporation or with a value derived in whole or in part from the value of any
class or series of shares of the Corporation, whether or not such instrument or
right shall be subject to settlement in the underlying class or series of
shares of the Corporation or otherwise (a &#147;<u>Derivative Instrument</u>&#148;) directly
or indirectly owned beneficially by such stockholder and/or such beneficial
owner, if any, and any other direct or indirect opportunity to profit or share
in any profit derived from any increase or decrease in the value of shares of
the Corporation, (C)&nbsp;any proxy, contract, arrangement, understanding, or
relationship pursuant to which such stockholder and/or such beneficial owner,
if any, has a right to vote any shares of any security of the Corporation, (D)&nbsp;any
short interest in any security of the Corporation (for purposes of this Section&nbsp;2.12(a)(i)(B)&nbsp;a
person shall be deemed to have a short interest in a security if such person
directly or indirectly, through any contract, arrangement, understanding,
relationship or otherwise, has the opportunity to profit or share in any profit
derived from any decrease in the value of the subject security), (E)&nbsp;any
rights to dividends on the shares of the Corporation owned beneficially by such
stockholder and/or such beneficial owner, if any, that are separated or
separable from the underlying shares of the Corporation, (F)&nbsp;any
proportionate interest in shares of the Corporation or Derivative Instruments
held, directly or indirectly, by a general or limited partnership in which such
stockholder and/or such beneficial owner, if any, is a general partner or,
directly or indirectly, beneficially owns an interest in a general partner, and
(G)&nbsp;any performance-related fees (other than an asset-based fee) that such
stockholder and/or such beneficial owner, if any, is entitled to based on any
increase or decrease in the value of shares of the Corporation or Derivative
Instruments, if any, all such information to be provided as of the date of such
notice, including, without limitation, any such interests held by members of
such stockholder&#146;s and such beneficial owner&#146;s, if any, immediate family
sharing the same household (which information shall be supplemented by such
stockholder and such beneficial owner, if any, not later than 10 days after the
record date for the meeting to disclose such ownership as of the record date), (iii)&nbsp;any
other information relating to such stockholder and beneficial owner, if </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">any, 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, as applicable, the
proposal of other business and/or for the election of directors in a contested
election pursuant to Section&nbsp;14 of the Exchange Act and the rules&nbsp;and
regulations promulgated thereunder, and (iv)&nbsp;a representation (1)&nbsp;that
the stockholder is a holder of record of stock of the Corporation entitled to
vote at such annual meeting and intends to appear in person or by proxy at the
annual meeting to propose such business or nomination and (2)&nbsp;as to whether
the stockholder and/or the beneficial owner, if any, intends or is part of a
group which intends (x)&nbsp;to deliver a proxy statement and/or form of proxy
to holders of at least the percentage of the Corporation&#146;s outstanding capital
stock required to approve or adopt the proposal or elect the nominee and/or (y)&nbsp;otherwise
to solicit proxies from stockholders in support of such proposal or nomination;
(b)&nbsp;if the notice relates to any business other than the nomination of a
director or directors that the stockholder proposes to bring before the annual
meeting of stockholders, set forth (i)&nbsp;a brief description of the business
desired to be brought before the annual meeting of stockholders, the text of
the proposal or business (including the text of any resolutions proposed for
consideration and in the event that such business includes a proposal to amend
these Bylaws, the language of the proposed amendment), the reasons for
conducting such business at the annual meeting and any material interest of
such stockholder and beneficial owner, if any, in such business and (ii)&nbsp;a
description of all agreements, arrangements, and understandings between such
stockholder and/or beneficial owner, if any, and their respective affiliates and
associates, and any other person or persons (including their names) acting in
concert therewith in connection with the proposal of such business by such
stockholder; (c)&nbsp;set forth, as to each person, if any, whom the
stockholder proposes to nominate for election or reelection to the Board of
Directors (i)&nbsp;all information relating to such 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 in a
contested election pursuant to Section&nbsp;14 of the Exchange Act, (ii)&nbsp;such
person&#146;s written consent to being named in the proxy statement as a nominee and
to serving as a director if elected, and (iii)&nbsp;a description of all direct
and indirect compensation and other material monetary agreements, arrangements
and understandings during the past three (3)&nbsp;years, and any other material
relationships, between or among such stockholder and/or beneficial owner, if
any, and their respective affiliates and associates, or any other person or
persons (including their names) acting in concert therewith, on the one hand,
and each proposed nominee, and his or her respective affiliates and associates,
or any other person or persons (including their names) acting in concert
therewith, on the other hand, including, without limitation, all information
that would be required to be disclosed pursuant to Rule&nbsp;404 promulgated
under Regulation S-K if the stockholder making the nomination and any
beneficial owner on whose behalf the nomination is made, if any, or any
affiliate or associate thereof or person acting in concert therewith, were the &#147;<u>registrant</u>&#148;
for purposes of such rule&nbsp;and the nominee were a director or executive
officer of such registrant; and (d)&nbsp;with respect to each nominee for
election or reelection to the Board of Directors, include the completed and
signed questionnaire, representation and agreement required by Section&nbsp;2.12(b).
The Corporation may require any proposed nominee to furnish such other
information as may reasonably be required by the Corporation to determine the
eligibility of such proposed nominee to serve as an independent director of the
Corporation or that could be material to a reasonable stockholder&#146;s
understanding of the independence, or lack thereof, of such nominee.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(C)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Notwithstanding anything in the second sentence of Section&nbsp;2.12(a)(i)(B)&nbsp;to
the contrary, in the event that the number of directors to be elected to the
Board of Directors is increased effective at the annual meeting of stockholders
and there is no public announcement by the Corporation naming all of the
nominees for director or specifying the size of the increased Board of
Directors at least 100 days prior to the first anniversary of the preceding
year&#146;s annual meeting of stockholders, a stockholder&#146;s notice required by this Section&nbsp;2.12(a)(i)&nbsp;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 10th day following the day on which such public announcement
is first made by the Corporation.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Special Meetings of Stockholders</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Only such business shall be conducted at a special meeting of
stockholders as shall have been brought before the special meeting pursuant to
the Corporation&#146;s notice of meeting. 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&#146;s notice of special meeting (a)&nbsp;by
or at the direction of the Board of Directors or any committee thereof or (b)&nbsp;provided
that the Board of Directors has determined that directors shall be elected at
such special meeting, by any stockholder of the Corporation who (i)&nbsp;is a
stockholder of record at the time the notice provided for in this </font></p>

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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5</font></p>

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<p style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Section&nbsp;2.12(a)(ii)&nbsp;is delivered to the Secretary and, with
respect to any special meeting held on or after August&nbsp;1, 2009, at the
time of such special meeting, (ii)&nbsp;is entitled to vote at the meeting, and
(iii)&nbsp;complies with the notice procedures set forth in this Section&nbsp;2.12(a)(ii)&nbsp;as
to such nomination. In the event the Corporation calls a special meeting of
stockholders for the purpose of electing one or more directors to the Board of
Directors, any such stockholder may nominate a person or persons (as the case
may be) for election to such position(s)&nbsp;as specified in the Corporation&#146;s
notice of meeting, if the stockholder&#146;s notice required by Section&nbsp;2.12(a)(i)(B)&nbsp;(including
the completed and signed questionnaire, representation and agreement required
by Section&nbsp;2.12(b)) shall be delivered to the Secretary at the principal
executive offices of the Corporation not earlier than the close of business on
the 120th day prior to such special meeting and not later than the close of
business on the later of the 90th day prior to such special meeting and the
10th 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 of
Directors to be elected at such special meeting. In no event shall the
postponement of a special meeting of stockholders as to which notice has been
sent to stockholders commence a new time period (or extend any time period) for
the giving of a stockholder&#146;s notice as described above.</font></p>

<p style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">General</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(A)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Only such persons who are nominated in accordance with
the procedures set forth in this Section&nbsp;2.12(a)&nbsp;shall be eligible to
serve as directors and only such business shall be conducted at a meeting of
stockholders as shall have been brought before the meeting in accordance with
the procedures set forth in this Section&nbsp;2.12(a). Except as otherwise
provided by law, the Certificate of Incorporation or these Bylaws, the chairman
of the meeting shall have the power and duty (a)&nbsp;to determine whether a
nomination or any other business proposed to be brought before the meeting was
made or proposed, as the case may be, in accordance with the procedures set
forth in this Section&nbsp;2.12(a)&nbsp;(including whether the stockholder or
beneficial owner, if any, on whose behalf the nomination or proposal is made
solicited (or is part of a group which solicited) or did not so solicit, as the
case may be, proxies in support of such stockholder&#146;s nominee or proposal in
compliance with such stockholder&#146;s representation as required by Section&nbsp;2.12(a)(i)(B)(a)(iv)),
and (b)&nbsp;if any proposed nomination or business was not made or proposed in
compliance with this Section&nbsp;2.12(a), to declare that such nomination
shall be disregarded or that such proposed business shall not be transacted.
For purposes of this Section&nbsp;2.12(a), &#147;<u>public announcement</u>&#148; shall
mean disclosure in a press release reported by the Dow Jones News Service, the 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&nbsp;13,
14 or 15(d)&nbsp;of the Exchange Act and the rules&nbsp;and regulations
promulgated thereunder.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(B)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Notwithstanding the foregoing provisions of this Section&nbsp;2.12(a),
a stockholder shall also comply with all applicable requirements of the
Exchange Act and the rules&nbsp;and regulations promulgated thereunder with
respect to the matters set forth in this Section&nbsp;2.12(a); <u>provided</u>,
<u>however</u>, that any references in these Bylaws to the Exchange Act or the rules&nbsp;and
regulations promulgated thereunder are not intended to and shall not limit the requirements
applicable to any nominations or proposals as to any other business to be
considered pursuant to this Section&nbsp;2.12(a)&nbsp;(including Section&nbsp;2.12(a)(i)(A)(c)&nbsp;or
Section&nbsp;2.12(a)(ii)). Nothing in this Section&nbsp;2.12(a)&nbsp;shall be
deemed to affect any rights (x)&nbsp;of stockholders to request inclusion of
proposals in the Corporation&#146;s proxy statement pursuant to Rule&nbsp;14a-8
under the Exchange Act or (y)&nbsp;of the holders of any series of Preferred
Stock if and to the extent provided for under law, the Certificate of
Incorporation or these Bylaws.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:2.0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Director Qualification: Submission of Questionnaire,
Representation and Agreement</font></u><font size="2" style="font-size:10.0pt;">.&#160; To be
eligible to be a nominee for election or reelection as a director of the
Corporation, a person must deliver (in accordance with the time periods
prescribed for delivery of notice under Section&nbsp;2.12(a)) to the Secretary
at the principal executive offices of the Corporation a written questionnaire
with respect to the background and qualification of such person and the
background of any other person or entity on whose behalf the nomination is
being made (which questionnaire shall be provided by the Secretary upon written
request) and a written representation and agreement (in the form provided by
the Secretary upon written request) that such person (x)&nbsp;is not and will
not become a party to (i)&nbsp;any agreement, arrangement or understanding
with, and has not given any commitment or assurance to, any person or entity as
to how such person, if elected as a director of the Corporation, will act or
vote on any issue or question (a &#147;<u>Voting Commitment</u>&#148;) that has not been
disclosed to the Corporation or (ii)&nbsp;any Voting Commitment that could
limit or interfere with such person&#146;s ability to comply, if elected as a
director of the Corporation, with such person&#146;s fiduciary duties under
applicable law; (y)&nbsp;is not and will not become a party </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">to any agreement,
arrangement or understanding with any person or entity other than the
Corporation with respect to any direct or indirect compensation, reimbursement
or indemnification in connection with service or action as a director that has
not been disclosed therein; and (z)&nbsp;in such person&#146;s individual capacity
and on behalf of any person or entity on whose behalf the nomination is being
made, would be in compliance, if elected as a director of the Corporation, and
will comply with all applicable publicly disclosed corporate governance,
conflict of interest, confidentiality and stock ownership and trading policies
and guidelines of the Corporation.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">2.13</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Notice to Corporation</font></u><font size="2" style="font-size:10.0pt;">.&#160; Any written
notice required to be delivered by a stockholder to the Corporation pursuant to
Section&nbsp;2.12(a)&nbsp;must be given, either by personal delivery or by
registered or certified mail, postage prepaid, to the Secretary at the
Corporation&#146;s executive offices in the City of Englewood, State of Colorado.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE III<i><br>
Directors</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Powers</font></u><font size="2" style="font-size:10.0pt;">.&#160; The business
and affairs of the Corporation shall be managed by the Board of Directors,
subject to such limitations as are imposed by law, the Certificate of
Incorporation or these Bylaws.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Number, Nomination, Election and Term of Office</font></u><font size="2" style="font-size:10.0pt;">.&#160;
The number of directors which shall constitute the whole Board of
Directors shall be not less than two nor more than eleven and shall be fixed
from time to time, within such minimum and maximum, by resolution adopted by a
majority of the Board of Directors.&#160; Only
persons who are nominated in accordance with Section&nbsp;2.12 shall be
eligible for election as directors. Except as provided in Section&nbsp;3.11,
directors shall be elected by a plurality of the votes cast at any meeting of
stockholders, and each director so elected shall serve for a term ending on the
date of the first annual meeting of stockholders following the meeting at which
such director was elected or until such director&#146;s successor is elected and
qualified or until such director&#146;s earlier death, resignation or removal.&#160; Directors need not be stockholders.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Annual Meeting; Regular Meetings</font></u><font size="2" style="font-size:10.0pt;">.&#160;
The annual meeting of the Board of Directors shall be held, without
notice other than this Section&nbsp;3.3, immediately after the annual meeting
of stockholders.&#160; The Board of Directors
may provide, by resolution, the time and place, either within or without the
State of Delaware, for the holding of additional regular meetings of the Board
of Directors without notice other than such resolution.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Special Meetings</font></u><font size="2" style="font-size:10.0pt;">.&#160; Special
meetings of the Board of Directors may be called at any time by the Chairman of
the Board, the Chief Executive Officer or a majority of directors.&#160; The person or persons who call a special
meeting of the Board of Directors may designate any place, either within or
without the State of Delaware, as the place for holding such special
meeting.&#160; In the absence of a designated
meeting place, the place of meeting shall be the Corporation&#146;s principal place
of business.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Notice of Special Meetings</font></u><font size="2" style="font-size:10.0pt;">.&#160;
A notice of the time and place of special meetings may be given
personally or by mail, telegram, telex, facsimile, cable or by means of
electronic transmission. If the notice is mailed, it shall be sent by first
class mail or telegram, charges prepaid, addressed to each director at that
director&#146;s address as it is shown on the records of the Corporation and deposited
in the United States mail at least four days before the time of the holding of
the meeting. If the notice is delivered personally or by telephone, telegram,
telex, facsimile, cable or electronic means it shall be delivered by such means
at least 24 hours before the time of the holding of the meeting, or on such
shorter notice as the person or persons calling such meeting may deem necessary
or appropriate under the circumstances. Notice given by electronic transmission
shall be deemed given: (i)&nbsp;if by facsimile telecommunication, when
directed to a number at which the director has consented to receive notice; (ii)&nbsp;if
by electronic mail, when directed to an electronic mail address at which the
director has consented to receive notice; (iii)&nbsp;if by a posting on an
electronic network, together with separate notice to the director of such
specific posting, upon the later of (A)&nbsp;such posting and (B)&nbsp;the
giving of such separate notice; and (iv)&nbsp;if by any other form of
electronic transmission, when directed to the director. Any oral notice given
personally or by telephone may be communicated either to the director or to a
person at the office of the director who the person giving the notice has
reason to believe will promptly communicate it to the director. The notice need
not specify (a)&nbsp;the purpose or (b)&nbsp;the place of the meeting, if the
meeting is to be held at the principal executive office of the Corporation or
via telephone.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.6</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Quorum and Manner of Action</font></u><font size="2" style="font-size:10.0pt;">.&#160; Except
as otherwise provided by law, or the Certificate of Incorporation or the rules&nbsp;and
regulations of any securities and exchange or quotation system on which the </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Corporation&#146;s securities
are listed or quoted for trading, at all meetings of the Board of Directors or
any committee thereof, a majority of the number of directors then in office or
a majority of the directors constituting such committee, as the case may be, shall
constitute a quorum for the transaction of business at any meeting of the Board
of Directors or such committee, as applicable; <u>provided</u>, that if less
than a majority of such number of directors are present at said meeting, a
majority of the directors present may adjourn the meeting from time to time
without further notice.&#160; The act of the
majority of the directors or committee members present at a meeting at which a
quorum is present shall be the act of the Board of Directors or such committee,
as applicable, unless otherwise provided in the DGCL, the Certificate of
Incorporation or these Bylaws.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.7</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Waiver of Notice</font></u><font size="2" style="font-size:10.0pt;">.&#160; Whenever
notice of any meeting of the Board of Directors is required to be given under
any provision of the DGCL or of the Certificate of Incorporation or these
Bylaws, a written waiver thereof, signed by the person entitled to notice, or a
waiver by electronic transmission by the person or persons entitled to notice,
whether before or after the time stated therein, shall be deemed equivalent to
notice. Attendance of a person at a meeting shall constitute a waiver of notice
of such meeting, except when the person attends a meeting for the express
purpose of objecting, at the beginning of the meeting, to the transaction of
any business because the meeting is not lawfully called or convened. Neither
the business to be transacted at, nor the purpose of, any regular or special
meeting of the directors, or members of a committee of directors, need be
specified in any waiver of notice unless so required by the Certificate of
Incorporation or these Bylaws.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.8</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Action Without a Meeting by Directors</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Unless otherwise restricted by the Certificate of Incorporation or these
Bylaws, any action required or permitted to be taken at any meeting of the
Board of Directors or a committee thereof may be taken without a meeting if all
members of the Board of Directors or committee, as the case may be, consent
thereto in writing or by electronic transmission, and the writing or writings
or electronic transmission or transmissions are filed with the minutes of
proceedings of the Board of Directors or committee.&#160; Such filing shall be in paper form if the
minutes are maintained in paper form (i.e., a paper printout of an electronic
transmission) and shall be in electronic form if the minutes are maintained in
electronic form.&#160; Written consents representing
actions taken by the Board of Directors or any committee thereof may be
executed by telex, telecopy or other facsimile transmission, and such facsimile
shall be valid and binding to the same extent as if it were an original.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.9</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Telephonic Meetings</font></u><font size="2" style="font-size:10.0pt;">.&#160; Unless
otherwise restricted by the Certificate of Incorporation or these Bylaws,
members of the Board of Directors or of any committee designated by the Board
of Directors may participate in a meeting of the Board of Directors or such
committee, as the case may be, by means of conference telephone or similar
communications equipment by means of which all persons participating in the
meeting can hear each other.&#160;
Participation in a meeting pursuant to this Section&nbsp;3.9 shall
constitute presence at such meeting.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.10</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Resignations</font></u><font size="2" style="font-size:10.0pt;">.&#160; Any director
may resign from the Board of Directors or any committee thereof at any time by
giving notice in writing or by electronic transmission to the Board of
Directors, the Chairman of the Board or the Secretary and, in the case of a
committee, to the chairperson of such committee, if there be one.&#160; Such resignation shall take effect at the
time specified therein or, if no time is specified, immediately; and, unless
otherwise specified in such notice, the acceptance of such resignation shall
not be necessary to make it effective.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.11</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Vacancies</font></u><font size="2" style="font-size:10.0pt;">.&#160; Unless
otherwise required by law or the Certificate of Incorporation, vacancies on the
Board of Directors or any committee thereof arising through death, resignation,
removal, an increase in the number of directors constituting the Board of
Directors or such committee or otherwise may be filled only by a majority of
the directors then in office, though less than a quorum, or by a sole remaining
director, and each director so chosen shall, in the case of the Board of
Directors, serve for a term ending on the date of the first annual meeting
following the date of which such director became such or until such director&#146;s
successor is elected and qualified or until such director&#146;s earlier death,
resignation or removal and, in the case of any committee of the Board of
Directors, hold office until such director&#146;s successor is duly appointed by the
Board of Directors or until such director&#146;s earlier death, resignation or
removal.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.12</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Removal</font></u><font size="2" style="font-size:10.0pt;">.&#160; Any director
or the entire Board of Directors may be removed, with or without cause, by the affirmative
vote of the holders of at least a majority of the outstanding shares of the
Corporation then entitled to vote at an election of directors.&#160; Whenever the holders of any class or series
are entitled to elect one or more directors by the provisions of the
Certificate of Incorporation, the provisions of this Section&nbsp;3.12 shall
apply, in </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">respect of the removal
without cause of a director or directors so elected, to the vote of the holders
of the outstanding shares of that class or series and not to the vote of the
outstanding shares of the Corporation then entitled to vote at an election of
directors as a whole.&#160; Any director
serving on a committee of the Board of Directors may be removed from such
committee at any time by the Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3.13</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Interested Directors</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">No contract or transaction between the Corporation and
one or more of its directors or officers, or between the Corporation and any
other Corporation, partnership, association or other organization in which one
or more of the Corporation&#146;s directors or officers are directors or officers or
have a financial interest, shall be void or voidable solely because of the
existence thereof, or solely because the director or officer is present at or
participates in the meeting of the Board of Directors or a committee thereof
which authorizes such a contract or transaction, or solely because his or their
votes are counted for such purpose, if:</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">the material facts as to such relationship or interest
and as to the contract or transaction(s)&nbsp;are disclosed or are known to the
Board of Directors or a committee thereof, as the case may be, and the Board of
Directors or committee, as appropriate, in good faith authorizes the contract
or transaction(s)&nbsp;by affirmative votes of a majority of the disinterested
directors, even though the disinterested directors be less than a quorum; or</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(ii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">the material facts as to the relationship or interest
and as to the contract or transaction(s)&nbsp;are disclosed or are known to the
stockholders entitled to vote thereon, and the contract or transaction(s)&nbsp;is
specifically approved in good faith by vote of the stockholders; or</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(iii)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">the contract or transaction is fair as to the
Corporation as of the time it is authorized, approved or ratified, by the Board
of Directors, a committee thereof or the stockholders.</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font size="2" style="font-size:10.0pt;">Common or interested directors may be counted in determining
the presence of a quorum at a meeting of the Board of Directors or of a
committee thereof which authorizes a contract or transaction described in this Section&nbsp;3.13.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE IV<i><br>
Committees</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Appointment and Powers</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Board of
Directors may, by resolution passed by a majority of the whole Board of
Directors, designate one or more committees, each committee to consist of one
or more of the directors of the Corporation. Any such committee, to the extent
provided in said resolution or in these Bylaws, shall have and may exercise all
the powers and authority of the Board of Directors in the management of the
business and affairs of the Corporation, and may authorize the seal of the
Corporation to be affixed to all papers which may require it; <u>provided</u>, <u>however</u>,
that (a)&nbsp;no such committee shall have the power or authority in reference
to (i)&nbsp;amending the Certificate of Incorporation (except that any such
committee may, to the extent authorized in the resolution or resolutions
providing for the issuance of shares of stock adopted by the Board of Directors
as provided in subsection (a)&nbsp;of &#167; 151 of the DGCL, fix the designations
and any of the preferences or rights of such shares relating to dividends,
redemption, dissolution, any distribution of assets of the Corporation or the
conversion into, or the exchange of such shares for, shares of any other class
or classes or any other series of the same or any other class or classes of
stock of the Corporation or fix the number of shares of any series of stock or
authorize the increase or decrease of the shares of any series), (ii)&nbsp;adopting
an agreement of merger or consolidation under &#167; 251, &#167; 252, &#167; 254, &#167; 255, &#167;
256, &#167; 257, &#167; 258, &#167; 263 or &#167; 264 of the DGCL, (iii)&nbsp;recommending to the
stockholders the sale, lease or exchange of all or substantially all of the
Corporation&#146;s property and assets, (iv)&nbsp;recommending to the stockholders a
dissolution of the Corporation or a revocation thereof or (v)&nbsp;amending
these Bylaws; and (b)&nbsp;unless the resolution, Bylaws or Certificate of
Incorporation expressly so provides, no such committee shall have the power or
authority to declare a dividend, to authorize the issuance of stock, or to
adopt a certificate of ownership and merger pursuant to &#167; 253 of the DGCL.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Absence of Disqualification of Committee Member</font></u><font size="2" style="font-size:10.0pt;">.&#160;
In the absence or disqualification of any member of such committee, the
member or members thereof present at any meeting and not disqualified from
voting, whether or not they constitute a quorum, may unanimously appoint
another member of the Board of Directors to act at the meeting in the place of
any such absent or disqualified member.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Record of Proceedings</font></u><font size="2" style="font-size:10.0pt;">.&#160; Each
committees shall keep regular minutes of its proceedings and when required by
the Board of Directors, report the same to the Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE V<i><br>
Officers</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Number and Titles</font></u><font size="2" style="font-size:10.0pt;">.&#160; The officers
of the Corporation shall be elected by the Board of Directors and shall include
a Chairman of the Board, Chief Executive Officer, Vice Chairman, Secretary and
Treasurer.&#160; The Board of Directors may
also elect additional officers of the Corporation, including one or more Vice
Presidents and one or more Assistant Secretaries and Assistant Treasurers.&#160; The Board of Directors may elect such other
officers and agents as it shall deem necessary, who shall hold their offices
for such terms and shall exercise such powers and perform such duties as shall
be determined from time to time by the Board of Directors.&#160; Any number of offices may be held by the same
person.&#160; The officer designated as the
Chief Financial Officer of the Corporation shall be the Treasurer unless
another officer is chosen to be the Treasurer.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Election, Term of Office and Qualifications</font></u><font size="2" style="font-size:10.0pt;">.&#160;
The officers shall be elected annually by the Board of Directors at the
first meeting of the Board of Directors held after the annual meeting of
stockholders or as soon thereafter as may be convenient.&#160; Vacancies may be filled or new offices
created and filled at any meeting of the Board of Directors.&#160; Each officer shall be elected to hold office
until his successor shall have been elected and qualified, or until his earlier
death, resignation or removal.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Compensation</font></u><font size="2" style="font-size:10.0pt;">.&#160; The
compensation, if any, of all officers of the Corporation shall be fixed by the
Board of Directors or, if created, the Compensation Committee thereof.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Removal</font></u><font size="2" style="font-size:10.0pt;">.&#160; Any officer
may be removed by the Board of Directors whenever in its judgment the best
interests of the Corporation will be served thereby, but such removal shall be
without prejudice to the contract rights, if any, of the person so removed.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Resignation</font></u><font size="2" style="font-size:10.0pt;">.&#160; Any officer
may resign at any time by giving written notice, or by electronic transmission,
to the Board of Directors, the Chief Executive Officer or the Secretary.&#160; Such resignation shall take effect at the
time specified therein and, unless tendered to take effect upon acceptance
thereof, the acceptance of such resignation shall not be necessary to make it
effective.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">5.6</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Duties of Officers</font></u><font size="2" style="font-size:10.0pt;">.&#160; The duties
and powers of the officers shall be as follows:</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Chairman of the Board</font></u><font size="2" style="font-size:10.0pt;">.&#160; Subject to
the control of the Board of Directors, the Chairman of the Board shall, in
general, supervise and manage the business and affairs of the Corporation and
shall see that the resolutions and directions of the Board of Directors are
carried into effect.&#160; Except in those
instances in&#160; which the authority to
execute is expressly delegated to another officer or agent of the Corporation,
or a different mode of execution is expressly prescribed by the Board of
Directors or these Bylaws or otherwise required by law, the Chairman may
execute for the Corporation any contracts, agreements, deeds, conveyances or
other obligations or instruments of the Corporation which the Board of Directors
has authorized to be executed or the execution of which is in the ordinary
course of the Corporation&#146;s business, and the Chairman may accomplish such
execution either under or without the seal of the Corporation and either
individually or with the Secretary, any Assistant Secretary, or any other
officer thereunto authorized by the Board of Directors or these Bylaws.&#160; The Chairman shall preside at all meetings of
the stockholders and of the Board of Directors (and of any executive committee
thereof), and shall perform such other duties as from time to time shall be
prescribed by the Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Chief Executive Officer</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Chief
Executive Officer shall supervise the carrying out of the policies adopted or
approved by the Board of Directors.&#160; The
Chief Executive Officer shall have general executive </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">powers and shall have and
may exercise any and all other powers and duties pertaining by law, regulation
or practice, to the office of Chief Executive Officer, or imposed by these
Bylaws.&#160; The Chief Executive Officer
shall cause to be called regular and special meetings of the stockholders and
Board of Directors in accordance with these Bylaws and he shall preside at all
such meetings.&#160; The Chief Executive
Officer also shall have such further powers and duties as from time to time may
be conferred upon or assigned to the Chief Executive Officer by the Board of
Directors.&#160; The Chief Executive Officer shall
have the power and authority to execute all duly authorized contracts,
agreements, deeds, conveyances or other obligations or instruments of the
Corporation, except where permitted by law to be otherwise signed and executed
and except where the signing and execution thereof shall be expressly delegated
by the Board of Directors to some other officer or agent of the Corporation.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Vice Chairman</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Vice
Chairman shall be responsible for formulating general policies and programs for
the Corporation for submission to the Board of Directors and for carrying out
the programs and policies approved by the Board of Directors.&#160; He shall be responsible for the
administration and operation of the business and affairs of the Corporation.&#160; The Vice Chairman shall have the power and
authority to execute all duly authorized contracts, agreements, deeds,
conveyances or other obligations or instruments of the Corporation, except
where required or permitted by law to be otherwise signed and executed and
except where the signing and execution thereof shall be expressly delegated by
the Board of Directors to some other officer or agent of the Corporation.&#160; The Vice Chairman shall perform such other
duties and have such other powers as the Chief Executive Officer or the Board
of Directors may from time to time prescribe. In the absence or disability of
the Chief Executive Officer, the Vice Chairman shall perform the duties of the
Chief Executive Officer and, when so acting, shall have all the powers of and
be subject to all the restrictions upon the Chief Executive Officer.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Vice President</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Board of
Directors may appoint one or more Vice Presidents, who may be designated as
Executive Vice Presidents, Senior Vice Presidents or Vice Presidents.&#160; Each Vice President shall have such powers
and duties as may be assigned to him or her by the Board of Directors.&#160; In the absence or disability of the Chief
Executive Officer and the Vice Chairman, the Vice President (or in the event
there are more than one Vice Presidents, the Vice Presidents in the order
designated by the Board of Directors) shall perform the duties of the Chief
Executive Officer and, when so acting, shall have all the powers of and be
subject to all the restrictions upon the Chief Executive Officer.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Secretary</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Secretary
shall attend all meetings of the Board of Directors and all meetings of the
stockholders and record all the proceedings of the meetings of the Corporation
and of the Board of Directors in a book to be kept for that purpose and shall
perform like duties for any committees if required.&#160; The Secretary shall give, or cause to be
given, notice of all meetings of the stockholders and of the Board of
Directors, and shall perform such other duties and have such other powers as
the Board of Directors or the Chief Executive Officer may from time to time
prescribe.&#160; The Secretary shall have
custody of the corporate seal of the Corporation, if any, and he or she, or an
Assistant Secretary, shall have authority to affix the same to any instrument
requiring it and, when so affixed, it may be attested by the Secretary&#146;s
signature or by the signature of such Assistant Secretary.&#160; The Board of Directors may give general
authority to any other officer to affix the seal of the Corporation and to
attest the affixing by his or her signature.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Treasurer</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Treasurer
shall have custody of the Corporation&#146;s funds and securities and shall keep
full and accurate accounts of receipts and disbursements in books belonging to
the Corporation and shall deposit all monies and other valuable effects in the
name and to the credit of the Corporation in such depositories as may be
designated by the Board of Directors.&#160;
The Treasurer shall disburse the funds of the Corporation as may be
ordered by the Board of Directors, taking proper vouchers for such disbursements,
and shall render to the Chief Executive Officer and the Board of Directors at
its regular meetings, or when the Board of Directors so requires, an account of
all his or her transactions as Treasurer and the financial condition of the
Corporation.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">If required by the Board of Directors, the Treasurer
shall give the Corporation and maintain a bond in such sum and with such surety
or sureties as shall be satisfactory to the Board of Directors for the faithful
performance of the duties of his or her office and for the restoration to the
Corporation, in case of his or her death, resignation, retirement or removal
from office, of all books, papers, vouchers, money and other property of
whatever kind in his or her possession or under his or her control belonging to
the Corporation.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Assistant Treasurers and Assistant Secretaries</font></u><font size="2" style="font-size:10.0pt;">.&#160;
In the absences of the Treasurer or Secretary or in the event of the
inability of the Treasurer or Secretary to act, the Assistant Treasurer and the
Assistant Secretary (or in the event there is more than one of either, in the
order designated by the Board of Directors or in the absence of such
designation, in the order of their election) shall perform the duties of the Treasurer
and Secretary, respectively, and when so acting, shall have all the authority
of, and be subject to all restrictions upon, such office.&#160; The Assistant Treasurers and Assistant
Secretaries shall also perform such duties as from time to time may be prescribed
by the Treasurer or the Secretary, respectively, or by the Chief Executive
Officer or the Board of Directors.&#160; If
required by the Board of Directors, an Assistant Treasurer shall give a bond
for the faithful discharge of his or her duties in such sum and with such
surety or sureties as the Board of Directors shall determine.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE VI<i><br>
Shares of Stock and Their Transfer</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Shares of Stock</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Certificated or Uncertificated Shares</font></u><font size="2" style="font-size:10.0pt;">.&#160;
The shares of the Corporation may be represented by certificates, or may
be uncertificated.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Certificated Form&nbsp;of Shares</font></u><font size="2" style="font-size:10.0pt;">:&#160;
Shares of stock represented by certificates shall be in such form as
determined by the Board of Directors and shall be signed by, or in the name of
the Corporation by, the Chief Executive Officer or a Vice President, and by the
Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary.&#160; Any or all of the signatures on the
certificates may be a facsimile.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Uncertificated Form&nbsp;of Shares</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Within a reasonable time after the issuance or transfer of
uncertificated shares of any class or series of stock, the Corporation shall
send to the registered owner thereof a written notice containing the
information required by law to be set forth or stated on certificates representing
shares of such class or series or a statement that the Corporation will furnish
without charge to each stockholder who so requests the powers, designations,
preferences and relative, participating, optional or other special rights of
each class of stock or series thereof and the qualifications, limitations or
restrictions of such preferences and/or rights.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Transfer of Stock</font></u><font size="2" style="font-size:10.0pt;">.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Transfer of Shares</font></u><font size="2" style="font-size:10.0pt;">.&#160; The shares of
the Corporation shall be transferable only on the books of the Corporation by
the holder, in person or by duly authorized attorney, as provided in this Article&nbsp;VI.&#160; The Board of Directors shall have the power
to make all such rules&nbsp;and regulations, consistent with applicable law, as
the Board of Directors may deem appropriate concerning the issue, transfer and
registration of certificates for shares or uncertificated shares of the
Corporation.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Transfer of Certificated Shares</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Upon surrender to the Corporation or the transfer agent of the
Corporation of a certificate for shares duly endorsed or accompanied by proper
evidence of succession, assignation or authority to transfer, the Corporation
shall issue a new certificate or evidence of the issuance of uncertificated
shares to the person entitled thereto, cancel the old certificate, and record
the transaction upon the Corporation&#146;s books.&#160;
For shares in certificated form, no new certificate shall be issued, nor
shall the shares be transferred on the books of the Corporation, until the
former certificate or certificates for a like number of shares shall have been
surrendered and canceled.&#160;
Notwithstanding the foregoing sentence, in the case of a lost,
wrongfully taken or mutilated certificate, a new certificate, or evidence of
uncertificated shares, may be issued, and the transfer consummated, upon such
terms and indemnity to the Corporation as the Board of Directors or a proper
officer may prescribe consistent with applicable law.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Transfer of Uncertificated Shares</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Upon the receipt of proper transfer instructions from the registered owner
of uncertificated shares, such uncertificated shares shall be cancelled,
issuance of new equivalent uncertificated or certificated shares shall be made
to the person entitled thereto, and the transaction shall be recorded upon the
books of the Corporation.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12</font></p>

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<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE VII<i><br>
Dividends</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Dividends</font></u><font size="2" style="font-size:10.0pt;">.&#160; Subject to
the provisions of the DGCL and the Certificate of Incorporation, the Board of
Directors may declare and pay dividends upon the shares of its capital
stock.&#160; Dividends may be paid in cash, in
property, or in shares of the Corporation&#146;s capital stock.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE VIII<i><br>
Fiscal Year</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Fiscal Year</font></u><font size="2" style="font-size:10.0pt;">.&#160; The fiscal
year of the Corporation shall be fixed by the Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE IX<i><br>
Seal</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Seal</font></u><font size="2" style="font-size:10.0pt;">.&#160; The corporate
seal shall have inscribed thereon the name of the Corporation and the words &#147;Corporate
Seal&#148; and &#147;Delaware.&#148;&#160; The seal may be
used by causing it or a facsimile thereof to be impressed or affixed or in any
manner reproduced.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE X<i><br>
Miscellaneous Provisions</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Contracts</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Board of
Directors or the Chief Executive Officer may authorize any officer or agent to
enter into any contract or execute and deliver any instrument in the name of
and on behalf of the Corporation in the ordinary course of the Corporations&#146;
business and such authority may be general or confined to a specific instance.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Disbursements, Notes and Other Evidences of
Indebtedness</font></u><font size="2" style="font-size:10.0pt;">.&#160; All checks, drafts or other orders for the
payment of money, or notes or other evidences of indebtedness issued in the
name of the Corporation shall be executed by such officer or agent as shall
from time to time be authorized by the Board of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Deposits</font></u><font size="2" style="font-size:10.0pt;">.&#160; The Board of
Directors may select the banks, trust companies or other depositaries of the
funds of the Corporation.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">10.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Stock in Other Corporations</font></u><font size="2" style="font-size:10.0pt;">.&#160;
Shares of any other Corporation which may from time to time be held by
the Corporation may be represented and voted by the Chief Executive Officer, or
by any proxy appointed in writing by the Chief Executive Officer, or by any
other person or persons thereunto authorized by the Board of Directors, at any
meeting of stockholders of such Corporation or by executing written consents
with respect to such shares where stockholder action may be taken by written
consent.&#160; Shares represented by
certificates standing in the name of the Corporation may be endorsed for sale
or transfer in the name of the Corporation by the Chief Executive Officer or by
any other officer thereunto authorized by the Board of Directors.&#160; Shares belonging to the Corporation need not
stand in the name of the Corporation, but may be held for the benefit of the
Corporation in the name of any nominee designated for such purpose by the Board
of Directors.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE XI<i><br>
Indemnification of Directors, Officers and Others</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Authorization of Indemnification</font></u><i><font size="2" style="font-size:10.0pt;font-style:italic;">.&#160;
</font></i><font size="2" style="font-size:10.0pt;">Each
person who was or is a party or is threatened to be made a party to or is
involved in any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or investigative and whether by or in
the right of the Corporation or otherwise (a &#147;<u>proceeding</u>&#148;), by reason of
the fact that he or she, or a person of whom he or she is the legal
representative, 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,
partner (limited or general) or agent of another corporation or of a
partnership, joint venture, limited liability company, trust or other enterprise,
including service with respect to an employee benefit plan, shall be (and shall
be deemed to have a contractual right to be) indemnified and held harmless by
the Corporation (and any successor to </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">13</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">the Corporation by merger
or otherwise) to the fullest extent authorized by, and subject to the
conditions and (except as provided herein) procedures set forth in the DGCL, as
the same exists or may hereafter be amended (but any such amendment shall not
be deemed to limit or prohibit the rights of indemnification hereunder for past
acts or omissions of any such person insofar as such amendment limits or
prohibits the indemnification rights that said law permitted the Corporation to
provide prior to such amendment), against all expenses, liabilities and losses
(including attorneys&#146; fees, judgments, fines, ERISA taxes or penalties and
amounts paid or to be paid in settlement) reasonably incurred or suffered by
such person in connection therewith; <u>provided,</u>  <u>however</u>, that the
Corporation shall indemnify any such person seeking indemnification in
connection with a proceeding (or part thereof) initiated by such person (except
for a suit or action pursuant to this Section&nbsp;11.1 hereof) only if such
proceeding (or part thereof) was authorized by the Board of Directors of the
Corporation.&#160; Persons who are not
directors or officers of the Corporation and are not so serving at the request
of the Corporation may be similarly indemnified in respect of such service to
the extent authorized at any time by the Board of Directors of the
Corporation.&#160; The indemnification
conferred in this Section&nbsp;11.1 also shall include the right to be paid by
the Corporation (and such successor) the expenses (including attorneys&#146; fees)
incurred in the defense of or other involvement in any such proceeding in
advance of its final disposition; <u>provided,</u>  <u>however</u>, that, if and
to the extent the DGCL requires, the payment of such expenses (including
attorneys&#146; fees) incurred by a director or officer in advance of the final
disposition of a proceeding shall be made only upon delivery to the Corporation
of an undertaking by or on behalf of such director or officer to repay all
amounts so paid in advance if it shall ultimately be determined that such director
or officer is not entitled to be indemnified under this Section&nbsp;11.1 or
otherwise; and <u>provided</u>  <u>further</u>, that, such expenses incurred by
other employees and agents may be so paid in advance upon such terms and
conditions, if any, as the Board of Directors deems appropriate.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.2</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Right of Claimant to Bring Action Against the
Corporation</font></u><i><font size="2" style="font-size:10.0pt;font-style:italic;">.&#160; </font></i><font size="2" style="font-size:10.0pt;">If a claim under Section&nbsp;11.1 is not
paid in full by the Corporation within sixty days after a written claim has
been received by the Corporation, the claimant may at any time thereafter bring
an action against the Corporation to recover the unpaid amount of the claim
and, if successful in whole or in part, the claimant shall be entitled to be
paid also the expense of prosecuting such action.&#160; It shall be a defense to any such action
(other than an action brought to enforce a claim for expenses incurred in
connection with any proceeding in advance of its final disposition where the
required undertaking, if any is required, has been tendered to the Corporation)
that the claimant has not met the standards of conduct which make it
permissible under the DGCL for the Corporation to indemnify the claimant for
the amount claimed or is otherwise not entitled to indemnification under Section&nbsp;11.1,
but the burden of proving such defense shall be on the Corporation.&#160; The failure of the Corporation (in the manner
provided under the DGCL) to have made a determination prior to or after the
commencement of such action that indemnification of the claimant is proper in
the circumstances because he or she has met the applicable standard of conduct
set forth in the DGCL shall not be a defense to the action or create a
presumption that the claimant has not met the applicable standard of
conduct.&#160; Unless otherwise specified in
an agreement with the claimant, an actual determination by the Corporation (in
the manner provided under the DGCL) after the commencement of such action that
the claimant has not met such applicable standard of conduct shall not be a
defense to the action, but shall create a presumption that the claimant has not
met the applicable standard of conduct.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.3</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Non-exclusivity</font></u><font size="2" style="font-size:10.0pt;">.&#160; The rights to
indemnification and advance payment of expenses provided by Section&nbsp;11.1
hereof shall not be deemed exclusive of any other rights to which those seeking
indemnification and advance payment of expenses may be entitled under any
bylaw, agreement, vote of stockholders or disinterested directors or otherwise,
both as to action in his or her official capacity and as to action in another
capacity while holding such office.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.4</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Survival of Indemnification</font></u><font size="2" style="font-size:10.0pt;">.&#160;
The indemnification and advance payment of expenses and rights thereto
provided by, or granted pursuant to, Section&nbsp;11.1<b>  </b>hereof
shall, unless otherwise provided when authorized or ratified, continue as to a
person who has ceased to be a director, officer, employee, partner or agent and
shall inure to the benefit of the personal representatives, heirs, executors
and administrators of such person.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">11.5</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Insurance</font></u><font size="2" style="font-size:10.0pt;">.&#160; The
Corporation shall have power to purchase and maintain insurance on behalf of
any person who is or was a director, officer, employee or agent of the
Corporation, or is or was serving at the request of the Corporation as a
director, officer, employee, partner (limited or general) or agent of another
corporation or of a partnership, joint venture, limited liability company,
trust or other enterprise, against any liability asserted against such person
or incurred by such person in any such capacity, or arising out of such person&#146;s
status as such, and </font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">14</font></p>

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<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">related expenses, whether
or not the Corporation would have the power to indemnify such person against
such liability under the provisions of the DGCL.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">ARTICLE XII<i><br>
Amendment</i></font></p>

<p style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">12.1</font><font size="1" style="font-size:8.5pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><u><font size="2" style="font-size:10.0pt;">Amendments</font></u><font size="2" style="font-size:10.0pt;">.&#160; These Bylaws
may be adopted, amended or repealed by the stockholders entitled to vote; <u>provided</u>,
<u>however</u>, that the Corporation may, in the Certificate of Incorporation,
confer the power to adopt, amend or repeal bylaws upon the directors; <u>provided</u>,
<u>further</u>, that any proposal by a stockholder to amend these Bylaws will
be subject to the provisions of Article&nbsp;II and Article&nbsp;XI hereof. The
fact that such power has been so conferred upon the directors will not divest
the stockholders of the power, nor limit their power to adopt, amend or repeal
bylaws.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">15</font></p>

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