<SEC-DOCUMENT>0001299933-16-002696.txt : 20160701
<SEC-HEADER>0001299933-16-002696.hdr.sgml : 20160701
<ACCEPTANCE-DATETIME>20160701073225
ACCESSION NUMBER:		0001299933-16-002696
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20160630
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20160701
DATE AS OF CHANGE:		20160701

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			IDI, Inc.
		CENTRAL INDEX KEY:			0001460329
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-ADVERTISING [7310]
		IRS NUMBER:				770688094
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-158336
		FILM NUMBER:		161744659

	BUSINESS ADDRESS:	
		STREET 1:		2650 NORTH MILITARY TRAIL
		STREET 2:		SUITE 300
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33431
		BUSINESS PHONE:		5617574000

	MAIL ADDRESS:	
		STREET 1:		2650 NORTH MILITARY TRAIL
		STREET 2:		SUITE 300
		CITY:			BOCA RATON
		STATE:			FL
		ZIP:			33431

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Tiger Media, Inc.
		DATE OF NAME CHANGE:	20121231

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Searchmedia Holdings Ltd
		DATE OF NAME CHANGE:	20091104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ID ARIZONA CORP.
		DATE OF NAME CHANGE:	20090330
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>htm_53761.htm
<DESCRIPTION>LIVE FILING
<TEXT>
<!-- CoverPageHeader start -->
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
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<TITLE> IDI, Inc. (Form: 8-K) </TITLE>
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<FONT SIZE="4">
		UNITED STATES<BR>
	SECURITIES AND EXCHANGE COMMISSION
</FONT>
<BR>
<FONT SIZE="2">
	WASHINGTON, D.C. 20549
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<P ALIGN="CENTER">
<FONT SIZE="5">
	FORM 8-K
</FONT>
<FONT SIZE="2">

</FONT>
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<P ALIGN="CENTER">
<FONT SIZE="3">
	CURRENT REPORT
</FONT>
</P>
<P ALIGN="CENTER">
<FONT SIZE="2">
	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
</FONT>
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<CENTER>
<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
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	&nbsp;
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	&nbsp;
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	&nbsp;
</TD>
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	Date of Report (Date of Earliest Event Reported):
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	&nbsp;
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	June 30, 2016
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<BR>
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<P ALIGN="CENTER"><!-- -->
<FONT SIZE="6">
	IDI, Inc.
</FONT>
<FONT SIZE="2">
<BR>__________________________________________<BR>
	(Exact name of registrant as specified in its charter)
</FONT>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
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	&nbsp;
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	&nbsp;
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<TD WIDTH="33%">
	&nbsp;
</TD>
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<FONT SIZE="2">
	Delaware
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	333-158336
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	77-0688094
</FONT>
</TD>
</TR>
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<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
_____________________<BR>
	(State or other jurisdiction
</FONT>
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<FONT SIZE="2">
_____________<BR>
	(Commission
</FONT>
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<TD ALIGN="CENTER" VALIGN="TOP">
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______________<BR>
	(I.R.S. Employer
</FONT>
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<FONT SIZE="2">
	of incorporation)
</FONT>
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<FONT SIZE="2">
	File Number)
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	Identification No.)
</FONT>
</TD>
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	&nbsp;&nbsp;
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	&nbsp;
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	&nbsp;
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<FONT SIZE="2">
	2650 North Military Trail, Suite 300, Boca Raton, Florida
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
<FONT SIZE="2">
	33431
</FONT>
</TD>
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<FONT SIZE="2">
_________________________________<BR>
	(Address of principal executive offices)
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<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
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<FONT SIZE="2">
___________<BR>
	(Zip Code)
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">

<TR VALIGN="BOTTOM">
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	&nbsp;
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	&nbsp;
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	&nbsp;
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<FONT SIZE="2">
	Registrant&#146;s telephone number, including area code:
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="CENTER" VALIGN="TOP">
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	561-757-4000
</FONT>
</TD>
</TR>
</TABLE>
</CENTER>
<P ALIGN="CENTER">
<FONT SIZE="2">
	Not Applicable
<BR>______________________________________________<BR>
	Former name or former address, if changed since last report
</FONT>
<P ALIGN="CENTER">
<FONT SIZE="2">
	&nbsp;
</FONT>
<!-- CoverPageRegistrant END --><P><FONT SIZE="2">
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:</FONT>
</P>
<P><FONT SIZE="2">
[&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
[&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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<DIV ALIGN="LEFT" STYLE="PAGE-BREAK-BEFORE:ALWAYS">
<A HREF="#DOCUMENT_TOP">
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<B>
<FONT SIZE="2">Top of the Form</FONT>
</B>
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</A>
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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><FONT style="font-size: 10pt"><B>Item&nbsp;5.03</B></FONT></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><FONT style="font-size: 10pt">Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.</FONT></TD>
</TR>

</TABLE>


<P align="left" style="font-size: 10pt; text-indent: 4%">On June&nbsp;30, 2016, the Board of Directors of IDI, Inc., a Delaware corporation (the
&#147;Company&#148;),</FONT><FONT style="font-size: 12pt"> </FONT><FONT style="font-size: 10pt">approved and adopted Amended and Restated Bylaws of the Company (the &#147;Amended
and Restated Bylaws&#148;) replacing the former Bylaws of the Company in their entirety. The Amended and
Restated Bylaws became effective immediately upon their adoption.
</FONT>

<P align="left" style="font-size: 10pt; text-indent: 4%">The Amended and Restated Bylaws were revised to amend Article&nbsp;Nine, Section&nbsp;9.03 by deleting
the provision regarding fee-shifting of litigation costs to stockholders.


<P align="left" style="font-size: 10pt; text-indent: 4%">The foregoing is qualified in its entirety by reference to the Amended and Restated Bylaws,
which are attached hereto as Exhibit&nbsp;3.1 and incorporated herein by reference.


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="right"><B>Item&nbsp;9.01.</B></TD>
    <TD width="1%">&nbsp;</TD>
    <TD><B>Financial Statements and Exhibits.</B></TD>
</TR>

</TABLE>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="95%">
<!-- Begin Table Head -->
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    <TD width="13%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="14%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="72%">&nbsp;</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="font-size: 10pt">
    <TD nowrap colspan="3" align="center" valign="top">Exhibit&nbsp;No.
</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Exhibit</DIV></TD>
</TR>
<TR style="font-size: 1px">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top" style="border-top: 1px solid #000000"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
</TR>
<TR valign="bottom" style="font-size: 10pt">
    <TD nowrap align="right" valign="top">&nbsp;</TD>
    <TD align="right" valign="top">3.1</TD>
    <TD nowrap valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Amended and Restated Bylaws.</DIV></TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>



<P align="center" style="font-size: 10pt; display: none">




<!-- v.121908 -->

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<A HREF="#DOCUMENT_TOP">
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<FONT SIZE="2">Top of the Form</FONT>
</B>
</U>
</A>
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<P ALIGN="CENTER">
<FONT SIZE="2">
<B>
	SIGNATURES
</B>
</FONT>
</P>
<P ALIGN="LEFT">
<FONT SIZE="2">
	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>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="100%">
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<TD WIDTH="19%">
	&nbsp;
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	&nbsp;
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<TD WIDTH="3%">
	&nbsp;
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<TD WIDTH="1%">
	&nbsp;
</TD>
<TD WIDTH="43%">
	&nbsp;
</TD>
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<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD COLSPAN="3" VALIGN="TOP" ALIGN="LEFT">
<FONT SIZE="2">
	IDI, Inc.
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
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<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
<I>
	July 1, 2016
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	By:
</I>
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	/s/ Derek Dubner
</I>
<BR>
</FONT>
</TD>
</TR>
<TR>
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<HR SIZE="1" NOSHADE>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Name: Derek Dubner
</I>
</FONT>
</TD>
</TR>
<TR VALIGN="BOTTOM">
<TD VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD>
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP">
<FONT SIZE="2">
<I>
	Title: CEO
</I>
</FONT>
</TD>
</TR>
</TABLE>
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<FONT SIZE="2">Top of the Form</FONT>
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<FONT SIZE="2">
	Exhibit&nbsp;Index
</FONT>
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<TABLE CELLSPACING="0" BORDER="0" CELLPADDING="0" WIDTH="60%">
<TR VALIGN="BOTTOM">
<TD WIDTH="8%">
	&nbsp;
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	&nbsp;
</TD>
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	&nbsp;
</TD>
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<BR>
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<TD NOWRAP ALIGN="LEFT">
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<B>
	Exhibit No.
</B>
</FONT>
</TD>
<TD>
<FONT SIZE="1">
	&nbsp;
</FONT>
</TD>
<TD NOWRAP ALIGN="LEFT">
<FONT SIZE="1">
<B>
	Description
</B>
</FONT>
</TD>
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<TR VALIGN="BOTTOM">
<TD NOWRAP ALIGN="CENTER">
<HR SIZE="1" NOSHADE>
</TD>
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	&nbsp;
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</TD>
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<TR VALIGN="BOTTOM">
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<FONT SIZE="2">
<DIV ALIGN="LEFT">
	3.1
</DIV>
</FONT>
</TD>
<TD WIDTH="15%">
<FONT SIZE="2">
	&nbsp;
</FONT>
</TD>
<TD ALIGN="LEFT" VALIGN="TOP" WIDTH="77%">
<FONT SIZE="2">
Amended and Restated Bylaws
</FONT>
</TD>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-3.1
<SEQUENCE>2
<FILENAME>exhibit1.htm
<DESCRIPTION>EX-3.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 3.2//EN">
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<HEAD>
<TITLE> EX-3.1 </TITLE>
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<BODY TEXT="#000000" BGCOLOR="#FFFFFF" ALINK="#0000FF" HLINK="#FF0000" VLINK="#800080">

<BODY style="font-family: 'Times New Roman',Times,serif">


<P align="right" style="font-size: 10pt"><FONT style="font-size: 12pt"><B>EXHIBIT 3.1</B></FONT>



<P align="center" style="font-size: 12pt"><FONT style="font-size: 22pt"><B>AMENDED AND RESTATED<BR>
BYLAWS<BR>
OF<BR>
IDI, INC.</B></FONT>



<P align="left" style="font-size: 22pt"><FONT style="font-size: 12pt">Adopted June&nbsp;30, 2016
</FONT>

<P align="center" style="font-size: 10pt; display: none">1
<!-- PAGEBREAK -->

<P align="center" style="font-size: 12pt"><B>BYLAWS</B><BR>
(as amended and restated)<BR>
<B>OF<BR>
IDI, INC.</B><BR>
(hereinafter called the &#147;Corporation&#148;)<BR>
ARTICLE ONE



<P align="center" style="font-size: 12pt">OFFICES



<P align="left" style="font-size: 12pt; text-indent: 4%">1.01. <U>Registered Office</U>. The registered office of the Corporation shall be fixed in
the certificate of incorporation.


<P align="left" style="font-size: 12pt; text-indent: 4%">1.02. <U>Other Offices</U>. The Corporation may also have an office or offices, and keep the
books and records of the Corporation, except as may otherwise be required by law, at such other
place or places, either within or without the State of Delaware, as the board of directors may from
time to time determine or the business of the Corporation may require.


<P align="center" style="font-size: 12pt">ARTICLE TWO



<P align="center" style="font-size: 12pt">MEETINGS OF STOCKHOLDERS



<P align="left" style="font-size: 12pt; text-indent: 4%">2.01. <U>Annual Meetings</U>. An annual meeting of stockholders for the purpose of electing
directors and for the transaction of such other business as may properly be brought before the
meeting shall be held at such time and place, if any, either within or without the State of
Delaware, as may be determined by the board of directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.02. <U>Special Meetings</U>. The chairman of the board, the president, or a majority of
the members of the board of directors by written request shall have the power to call a special
meeting of stockholders at any time. Special meetings of stockholders may not be called by any
other person.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.03. <U>Notice of Meetings</U>. Whenever stockholders are required or permitted to take any
action at a meeting, a notice of the meeting shall be given that shall state the place, if any,
date and time of the meeting (and 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), the record date
for determining the stockholders entitled to vote at the meeting (if such date is different from
the record date for stockholders entitled to notice of the meeting) and, in the case of a special
meeting, the purpose or purposes for which the meeting is called. Unless otherwise provided by
law, the certificate of incorporation or these bylaws, the notice of any meeting shall be given not
less than ten (10)&nbsp;nor more than sixty (60)&nbsp;days before the date of the meeting to each stockholder
entitled to vote at the meeting as of the record date for determining the stockholders entitled to
notice of the meeting. Business transacted at any special meeting shall be limited to the purposes
stated in the notice to stockholders.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.04. <U>List of Stockholders Entitled to Vote.</U> The officer who has charge of the stock
ledger shall prepare and make, at least ten (10)&nbsp;days before every meeting of stockholders, a
complete list of the stockholders entitled to vote at the meeting (provided, however, if the record
date for determining the stockholders entitled to vote at the meeting is less than ten (10)&nbsp;days
before the date of the meeting, the list shall reflect the stockholders entitled to vote as of the
tenth day before the meeting date), 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 at least ten
(10)&nbsp;days prior to the meeting (i)&nbsp;on a reasonably accessible electronic network, provided that the
information required to gain access to such list is provided with the notice of meeting or (ii)
during ordinary business hours at the principal place of business of the Corporation. If the
meeting is to be held at a place, then a list of stockholders entitled to vote at the meeting shall
be produced and kept at the time and place of the meeting during the whole time thereof and may be
examined by any stockholder who is present. 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. Except as otherwise
provided by law, the stock ledger shall be the only evidence as to who are the stockholders
entitled to examine the list of stockholders required by this Section&nbsp;2.04 or to vote in person or
by proxy at any meeting of stockholders.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.05. <U>Fixing Date for Determination of Stockholders of Record</U>. In order that the
Corporation may determine the stockholders entitled to notice of any meeting of stockholders or any
adjournment thereof, the board of directors may fix a record date, which record date shall not
precede the date upon which the resolution fixing the record date is adopted by the board of
directors, and which record date shall, unless otherwise required by law, not be more than sixty
(60)&nbsp;nor less than ten (10)&nbsp;days before the date of such meeting. If the board of directors so
fixes a date, such date shall also be the record date for determining the stockholders entitled to
vote at such meeting unless the board of directors determines, at the time it fixes such record
date, that a later date on or before the date of the meeting shall be the date for making such
determination. If no record date is fixed by the board of directors, the record date for
determining stockholders entitled to notice of or to vote at a meeting of stockholders shall be at
the close of business on the day next preceding the day on which notice is given, or, if notice is
waived, at the close of business on the day next preceding the day on which the meeting is held. A
determination of stockholders of record entitled to notice of or to vote at a meeting of
stockholders shall apply to any adjournment of the meeting; provided, however, that the board of
directors may fix a new record date for determination of stockholders entitled to vote at the
adjourned meeting, and in such case shall also fix as the record date for stockholders entitled to
notice of such adjourned meeting the same or an earlier date as that fixed for determination of
stockholders entitled to vote in accordance herewith at the adjourned meeting.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.06. <U>Organization; Chairman and Secretary</U>. The first mentioned of the following
officers who is present at a meeting of stockholders shall be chosen as chairman to preside over
the meeting: president, chairman of the board, or a vice-president. If no such officer is present
at the meeting, a chairman of the meeting shall be chosen by the holders of a majority in voting
power of the stock entitled to vote thereat, present in person or by proxy. The secretary, or in
his or her absence, an assistant secretary, or in the absence of the secretary and all assistant
secretaries, a person whom the chairman of the meeting shall appoint, shall act as secretary of the
meeting and keep a record of the proceedings thereof.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.07. <U>Inspector of Election</U>. The Corporation may, and shall if required by law, in
advance of any meeting of stockholders, appoint one or more inspectors of election, who may (unless
otherwise required by applicable law) be employees of the Corporation, to act at the meeting or any
adjournment thereof and to make a written report thereof. The Corporation may designate one or
more persons as alternate inspectors to replace any inspector who fails to act. In the event that
no inspector so appointed or designated is able to act at a meeting of stockholders, the chairman
of the meeting shall appoint one or more inspectors to act at the meeting. Each inspector, before
entering upon the discharge of his or her duties, shall take and sign an oath to execute faithfully
the duties of inspector with strict impartiality and according to the best of his or her ability.
The inspector or inspectors so appointed or designated shall (i)&nbsp;ascertain the number of shares of
capital stock of the Corporation outstanding and the voting power of each such share, (ii)
determine the shares of capital stock of the Corporation represented at the meeting and the
validity of proxies and ballots, (iii)&nbsp;count all votes and ballots, (iv)&nbsp;determine and retain for a
reasonable period a record of the disposition of any challenges made to any determination by the
inspectors, and (v)&nbsp;certify their determination of the number of shares of capital stock of the
Corporation represented at the meeting and such inspectors&#146; count of all votes and ballots. Such
certification and report shall specify such other information as may be required by law. In
determining the validity and counting of proxies and ballots cast at any meeting of stockholders of
the Corporation, the inspectors may consider such information as is permitted by applicable law.
No person who is a candidate for an office at an election may serve as an inspector at such
election.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.08. <U>Conduct of Meetings</U>. The date and time of the opening and the closing of the
polls for each matter upon which the stockholders will vote at a meeting shall be announced at the
meeting by the person presiding over the meeting. The board of directors may adopt by resolution
such rules and regulations for the conduct of the meeting of stockholders as it shall deem
appropriate. Except to the extent inconsistent with such rules and regulations as adopted by the
board of directors, the chairman of the meeting shall have the right and authority to convene the
meeting, to prescribe such rules, regulations and procedures and to do all such acts as, in the
judgment of such presiding person, are appropriate for the proper conduct of the meeting. Such
rules, regulations or procedures, whether adopted by the board of directors or prescribed by the
chairman of the meeting, may include, without limitation, the following: (i)&nbsp;the establishment of
an agenda or order of business for the meeting; (ii)&nbsp;rules and procedures for maintaining order at
the meeting and the safety of those present; (iii)&nbsp;limitations on attendance at or participation in
the meeting to stockholders of record of the Corporation, their duly authorized and constituted
proxies or such other persons as the presiding person of the meeting shall determine; (iv)
restrictions on entry to the meeting after the time fixed for the commencement thereof; and (v)
limitations on the time allotted to questions or comments by participants. The chairman of the
meeting, in addition to making any other determinations that may be appropriate to the conduct of
the meeting, shall, if the facts warrant, determine and declare to the meeting that a matter or
business was not properly brought before the meeting and if the chairman should so determine, shall
so declare to the meeting and any such matter or business not properly brought before the meeting
shall not be transacted or considered.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.09. <U>Quorum</U>. A quorum for the transaction of business at any meeting of stockholders
shall be at least a majority of the shares entitled to vote at the meeting, present in person or
represented by proxy. If a quorum is present at the opening of any meeting of stockholders, the
stockholder or stockholders present or represented may proceed with the business of the meeting
notwithstanding that a quorum is not present throughout the meeting. If a quorum is not present at
the time appointed for the meeting or within a reasonable time thereafter as the stockholders may
determine, the stockholders present or represented may adjourn the meeting to a fixed time and
place but may not transact any other business.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.10. <U>Proxies</U>. Each stockholder entitled to vote at a meeting of stockholders may
authorize another person or persons to act for such stockholder by proxy, but no such proxy shall
be voted or acted upon after three years from its date. A proxy shall be irrevocable if it states
that it is irrevocable and if, and only as long as, it is coupled with an interest sufficient in
law to support an irrevocable power. A stockholder may revoke any proxy which is not irrevocable
by attending the meeting and voting in person or by delivering to the secretary of the Corporation
a revocation of the proxy or a new proxy bearing a later date.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.11. <U>Right to Vote; Voting</U>. Except as otherwise provided by the certificate of
incorporation or applicable law, each stockholder entitled to vote at any meeting of stockholders
shall be entitled to one vote for each share of stock held by such stockholder which has voting
power upon the matter in question. At any meeting of stockholders for the election of directors at
which a quorum is present, a plurality of the votes cast shall be sufficient to elect. All other
elections and questions presented to the stockholders at a meeting at which a quorum is present
shall, unless otherwise provided by the certificate of incorporation, these bylaws, the rules or
regulations of any stock exchange applicable to the Corporation, or applicable law or pursuant to
any regulation applicable to the Corporation or its securities, be decided by the affirmative vote
of the holders of a majority in voting power of the shares of stock of the Corporation which are
present in person or by proxy and entitled to vote thereon. Voting at meetings of stockholders need
not be by written ballot.


<P align="left" style="font-size: 12pt; text-indent: 4%">2.12. <U>Adjournment</U>. Any meeting of stockholders, annual or special, may adjourn from
time to time to reconvene at the same or some other place, and notice need not be given of any such
adjourned meeting if the time and place, if any, thereof (and the means of remote communication, if
any, by which stockholders and proxy holders may be deemed to be present in person and vote at such
adjourned meeting) are announced at the meeting at which the adjournment is taken. At the
adjourned meeting, the Corporation may transact any business which might have been transacted at
the original meeting. If the adjournment is for more than thirty (30)&nbsp;days, a notice of the
adjourned meeting shall be given to each stockholder of record entitled to vote at the meeting. If
after the adjournment a new record date for stockholders entitled to vote is fixed for the
adjourned meeting, the board of directors shall fix a new record date for notice of such adjourned
meeting, and shall give notice of the adjourned meeting to each stockholder of record entitled to
vote at such adjourned meeting as of the record date for notice of such adjourned meeting.


<P align="center" style="font-size: 10pt; display: none; text-indent: 4%">2
<!-- PAGEBREAK -->

<P align="left" style="font-size: 12pt; text-indent: 4%">2.13. <U>Notice of Stockholder Business and Nominations</U>.


<P align="left" style="font-size: 12pt; text-indent: 4%">(A)&nbsp;<U>Annual Meetings of Stockholders</U>. (1)&nbsp;Nominations of persons for election to the
board of directors of the Corporation and the proposal of other business to be considered by the
stockholders may be made at an annual meeting of stockholders only (a)&nbsp;pursuant to 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 was a
stockholder of record of the Corporation at the time the notice provided for in this Section&nbsp;2.13
is delivered to the secretary of the Corporation, who is entitled to vote at the meeting and who
complies with the notice procedures set forth in this Section&nbsp;2.13.


<P align="left" style="font-size: 12pt; text-indent: 8%">(2)&nbsp;For any nominations or other business to be properly brought before an annual meeting by a
stockholder pursuant to clause (c)&nbsp;of paragraph (A)(1) of this Section&nbsp;2.13, the stockholder must
have given timely notice thereof in writing to the secretary of the Corporation 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 later than
the close of business on the ninetieth (90<sup>th</sup>) day, nor earlier than the close of
business on the one hundred twentieth (120<sup>th</sup>) day, prior to the first anniversary of the
preceding year&#146;s annual meeting (provided, however, that in the event that the date of the annual
meeting is more than thirty (30)&nbsp;days before or more than seventy (70)&nbsp;days after such anniversary
date, notice by the stockholder must be so delivered not earlier than the close of business on the
one hundred twentieth (120<sup>th</sup>) day prior to such annual meeting and not later than the
close of business on the later of the ninetieth (90<sup>th</sup>) day prior to such annual meeting
or the tenth (10<sup>th</sup>) day following the day on which public announcement of the date of
such meeting is first made by the Corporation). In no event shall the public announcement of an
adjournment or postponement of an annual meeting commence a new time period (or extend any time
period) for the giving of a stockholder&#146;s notice as described above. Such stockholder&#146;s notice
shall set forth: (a)&nbsp;as to each person whom the stockholder proposes to nominate for election as a
director (i)&nbsp;all information relating to such person that is required to be disclosed in
solicitations of proxies for election of directors in an election contest, or is otherwise
required, in each case pursuant to and in accordance with Section 14(a) of the Securities Exchange
Act of 1934, as amended (the &#147;<U><B>Exchange Act</B></U>&#148;) and the rules and regulations promulgated
thereunder, and (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; (b)&nbsp;as to any other business that the stockholder
proposes to bring before the meeting, a brief description of the business desired to be brought
before the meeting, the 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 the
bylaws of the Corporation, the language of the proposed amendment), the reasons for conducting such
business at the meeting and any material interest in such business of such stockholder and the
beneficial owner, if any, on whose behalf the proposal is made; and (c)&nbsp;as to the stockholder
giving the notice and the beneficial owner, if any, on whose behalf the nomination or proposal 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, (ii)&nbsp;the class or series and number of shares of capital stock of the
Corporation which are owned beneficially and of record by such stockholder and such beneficial
owner, (iii)&nbsp;a description of any agreement, arrangement or understanding with respect to the
nomination or proposal between or among such stockholder and/or such beneficial owner, any of their
respective affiliates or associates, and any others acting in concert with any of the foregoing,
including, in the case of a nomination, the nominee, (iv)&nbsp;a description of any agreement,
arrangement or understanding (including any derivative or short positions, profit interests,
options, warrants, convertible securities, stock appreciation or similar rights, hedging
transactions, and borrowed or loaned shares) that has been entered into as of the date of the
stockholder&#146;s notice by, or on behalf of, such stockholder and such beneficial owners, whether or
not such instrument or right shall be subject to settlement in underlying shares of capital stock
of the Corporation, the effect or intent of which is to mitigate loss to, manage risk or benefit of
share price changes for, or increase or decrease the voting power of, such stockholder or such
beneficial owner, with respect to securities of the Corporation, (v)&nbsp;a representation that the
stockholder is a holder of record of stock of the Corporation entitled to vote at such meeting and
intends to appear in person or by proxy at the meeting to propose such business or nomination, (vi)
a representation whether the stockholder or the beneficial owner, if any, intends or is part of a
group which intends (a)&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 (b)&nbsp;otherwise to solicit proxies or votes from stockholders in
support of such proposal or nomination, and (vii)&nbsp;any other information relating to such
stockholder and beneficial owner, if any, 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 and/or for the election of directors in an election contest pursuant to and in accordance
with Section 14(a) of the Exchange Act and the rules and regulations promulgated thereunder. The
foregoing notice requirements of this paragraph (A)&nbsp;of this Section&nbsp;2.13 shall be deemed satisfied
by a stockholder with respect to business or a nomination if the stockholder has notified the
Corporation of his, her or its intention to present a proposal or make a nomination at an annual
meeting in compliance with applicable rules and regulations promulgated under the Exchange Act and
such stockholder&#146;s proposal or nomination has been included in a proxy statement that has been
prepared by the Corporation to solicit proxies for such annual meeting. The Corporation may
require any proposed nominee to furnish such other information as the Corporation may reasonably
require to determine the eligibility of such proposed nominee to serve as a director of the
Corporation.


<P align="left" style="font-size: 12pt; text-indent: 8%">(3)&nbsp;Notwithstanding anything in the second sentence of paragraph (A)(2) of this Section&nbsp;2.13
to the contrary, in the event that the number of directors to be elected to the board of directors
of the Corporation at the annual meeting is increased effective after the time period for which
nominations would otherwise be due under paragraph (A)(2) of this Section&nbsp;2.13 and there is no
public announcement by the Corporation naming the nominees for the additional directorships at
least one hundred (100)&nbsp;days prior to the first anniversary of the preceding year&#146;s annual meeting,
a stockholder&#146;s notice required by this Section&nbsp;2.13 shall also be considered timely, but only with
respect to nominees for the additional directorships, if it shall be delivered to the secretary at
the principal executive offices of the Corporation not later than the close of business on the
tenth (10<sup>th</sup>) day following the day on which such public announcement is first made by
the Corporation.


<P align="left" style="font-size: 12pt; text-indent: 4%">(B)&nbsp;<U>Special Meetings of Stockholders</U>. Only such business shall be conducted at a
special meeting of stockholders as shall have been brought before the 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 meeting (1)&nbsp;by or at the direction of the board of directors or any
committee thereof or (2)&nbsp;provided that the board of directors has determined that directors shall
be elected at such meeting, by any stockholder of the Corporation who is a stockholder of record at
the time the notice provided for in this Section&nbsp;2.13 is delivered to the secretary of the
Corporation, who is entitled to vote at the meeting and upon such election and who complies with
the notice procedures set forth in this Section&nbsp;2.13. 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 entitled to vote in such election of directors may nominate a
person or persons (as the case may be) for election to such position(s) as specified in the
Corporation&#146;s notice of meeting, if the stockholder&#146;s notice described by paragraph (A)(2) of this
Section&nbsp;2.13 shall be delivered to the secretary at the principal executive offices of the
Corporation not earlier than the close of business on the one hundred twentieth (120<sup>th</sup>)
day prior to such special meeting and not later than the close of business on the later of the
ninetieth (90<sup>th</sup>) day prior to such special meeting or the tenth (10<sup>th</sup>) 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 meeting. The foregoing
notice requirements of this paragraph (B)&nbsp;of this Section&nbsp;2.13 shall be deemed satisfied by a
stockholder with respect to a nomination if the stockholder has notified the Corporation of his,
her or its intention to present a nomination at such special meeting in compliance with applicable
rules and regulations promulgated under the Exchange Act and such stockholder&#146;s nomination has been
included in a proxy statement that has been prepared by the Corporation to solicit proxies for such
special meeting. In no event shall the public announcement of an adjournment or postponement of a
special meeting commence a new time period (or extend any time period) for the giving of a
stockholder&#146;s notice as described above.


<P align="left" style="font-size: 12pt; text-indent: 4%">(C)&nbsp;<U>General</U>. (1)&nbsp;Except as otherwise expressly provided in any applicable rule or
regulation promulgated under the Exchange Act, only such persons who are nominated in accordance
with the procedures set forth in this Section&nbsp;2.13 shall be eligible to be elected at an annual or
special meeting of stockholders of the Corporation 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;2.13. Except as otherwise provided by
law, the chairman of the meeting shall have the power and duty (a)&nbsp;to determine whether a
nomination or any 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;2.13 (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 or votes in support of such stockholder&#146;s nominee or proposal in compliance with such
stockholder&#146;s representation as required by clause (A)(2)(c)(vi) of this Section&nbsp;2.13) and (b)&nbsp;if
any proposed nomination or business was not made or proposed in compliance with this Section&nbsp;2.13,
to declare that such nomination shall be disregarded or that such proposed business shall not be
transacted. Notwithstanding the foregoing provisions of this Section&nbsp;2.13, unless otherwise
required by law, if the stockholder (or a qualified representative of the stockholder) does not
appear at the annual or special meeting of stockholders of the Corporation to present a nomination
or proposed business, such nomination shall be disregarded and such proposed business shall not be
transacted, notwithstanding that proxies in respect of such vote may have been received by the
Corporation. For purposes of this Section&nbsp;2.13, to be considered a qualified representative of the
stockholder, a person must be a duly authorized officer, manager or partner of such stockholder or
must be authorized by a writing executed by such stockholder or an electronic transmission
delivered by such stockholder to act for such stockholder as proxy at the meeting of stockholders
and such person must produce such writing or electronic transmission, or a reliable reproduction of
the writing or electronic transmission, at the meeting of stockholders.


<P align="left" style="font-size: 12pt; text-indent: 8%">(2)&nbsp;For purposes of this Section&nbsp;2.13, &#147;public announcement&#148; shall include disclosure in a
press release reported by the Dow Jones News Service, Associated Press or other 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) of the Exchange Act and the rules and regulations
promulgated thereunder.


<P align="left" style="font-size: 12pt; text-indent: 8%">(3)&nbsp;Notwithstanding the foregoing provisions of this Section&nbsp;2.13, a stockholder shall also
comply with all applicable requirements of the Exchange Act and the rules and regulations
promulgated thereunder with respect to the matters set forth in this Section&nbsp;2.13; provided
however, that any references in these bylaws to the Exchange Act or the rules and regulations
promulgated thereunder are not intended to and shall not limit any requirements applicable to
nominations or proposals as to any other business to be considered pursuant to this Section&nbsp;2.13
(including paragraphs (A)(1)(c) and (B)&nbsp;hereof), and compliance with paragraphs (A)(1)(c) and (B)
of this Section&nbsp;2.13 shall be the exclusive means for a stockholder to make nominations or submit
other business (other than, as provided in the penultimate sentences of paragraphs (A)(2) and (B)
hereof, business or nominations brought properly under and in compliance with Rule&nbsp;14a-8 or Rule
14a-11 of the Exchange Act, as such Rules may be amended from time to time). Nothing in this
Section&nbsp;2.13 shall be deemed to affect any rights (a)&nbsp;of stockholders to request inclusion of
proposals or nominations in the Corporation&#146;s proxy statement pursuant to applicable rules and
regulations promulgated under the Exchange Act or (b)&nbsp;of the holders of any series of Preferred
Stock to elect directors pursuant to any applicable provisions of the certificate of incorporation.


<P align="center" style="font-size: 12pt">ARTICLE THREE



<P align="center" style="font-size: 12pt">DIRECTORS



<P align="left" style="font-size: 12pt; text-indent: 4%">3.01. <U>Board of Directors; Number</U>. The business and affairs of the Corporation shall
be managed by or under the direction of the board of directors. Unless otherwise provided by the
certificate of incorporation, the number of directors constituting the whole board of directors
shall be determined from time to time by the board of directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.02. <U>Qualification</U>. No person shall be qualified for election as a director if he is
less than 18&nbsp;years of age; if he is of unsound mind and has been so found by a court of the State
of Delaware or any other court of competent jurisdiction; if he is not a natural person; or if he,
at the time of the proposed election, has the status of a bankrupt. A director need not be a
stockholder.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.03. <U>Election and Term</U>. The election of directors shall take place at each annual
meeting of stockholders. Each director shall hold office until his successor is duly elected and
qualified, or until his earlier death, resignation or removal.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.04. <U>Removal of Directors</U>. Subject to the certificate of incorporation and
applicable law, any director may be removed from office, with or without cause, by the
stockholders, and the vacancy created by such removal may be filled by the election of any
qualified individual at the same meeting, failing which it may be filled by a majority of the
remaining members of the board of directors, although less than a quorum, or by a sole remaining
director.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.05. <U>Vacancies</U>. Subject to the certificate of incorporation, these bylaws and
applicable law, a majority of the directors in office, even if less than a quorum, or a sole
remaining director may appoint a qualified individual to fill a vacancy in the board of directors,
and each director so elected shall hold office until the expiration of the term of office of the
director whom he or she has replaced or until his or her successor is duly elected and qualified.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.06. <U>Place of Meetings</U>. Meetings of the board of directors may be held at any place
within or outside Delaware.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.07. <U>Calling of Meetings</U>. Meetings of the board of directors shall be held from time
to time at such time and at such place, if any, as determined by the board of directors, the
chairman of the board, the president or the secretary, or upon the request in writing of any two
directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.08. <U>Notice of Meeting</U>. Notice of the time and place of each meeting of the board of
directors shall be given to each director in accordance with Section&nbsp;8.01 of these bylaws not less
than 24 hours before the time when the meeting is to be held. A notice of a meeting of directors
need not specify the purpose of or the business to be transacted at the meeting. Notwithstanding
the foregoing, (i)&nbsp;provided a quorum of directors is present, each newly elected board of directors
may without notice hold its first meeting immediately following the meeting of stockholders at
which such board of directors is elected and (ii)&nbsp;the board of directors may appoint a day or days
in any month or months for regular meetings of the board of directors at a place and hour to be
named and, so long as a copy of any resolution of the board of directors fixing the place and time
of such regular meetings shall be sent to each director promptly after being passed, no other
notice shall be required for any such regular meeting.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.09. <U>Quorum; Vote Required for Action</U>. The quorum for the transaction of business at
any meeting of the board of directors shall be a majority of the total number of directors or such
greater number or proportion of directors as the board of directors may from time to time
determine. Unless otherwise provided by the certificate of incorporation or applicable law, a
majority of the votes entitled to be cast by the directors present at a meeting at which a quorum
is present shall be the act of the board of directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.10. <U>Meeting by Telephone</U>. Directors may participate in a meeting of the board of
directors (or a committee thereof) by means of conference telephone or other communications
equipment by means of which all persons participating in the meeting can hear each other, and
participation in such a meeting shall constitute presence in person at such meeting.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.11. <U>Action by Unanimous Consent of Directors</U>. 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 of any committee thereof, may be taken without a meeting if
all members of the board of directors or such committee, as the case may be, consent thereto in
writing or by electronic transmission and the writing or writings or electronic transmissions are
filed with the minutes of proceedings of the board of directors or committee in accordance with
applicable law.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.12. <U>Chairman</U>. The chairman of any meeting of the board of directors shall be the
first mentioned of such of the following officers as have been appointed and who is a director and
is present at the meeting: chairman of the board or president (if a director). If either of the
foregoing is not present, the directors present at the meeting shall choose one of their number to
act as chairman of the meeting.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.13. <U>Conflict of Interest</U>. A director who is a party to, or who is a director or
officer of or has a material interest in any person who is a party to, a material contract or
transaction or proposed material contract or transaction with the Corporation shall disclose to the
Corporation the nature and extent of his interest at the time and in the manner provided by the
General Corporation Law of the State of Delaware.


<P align="left" style="font-size: 12pt; text-indent: 4%">3.14. <U>Remuneration and Expenses</U>. The directors shall be paid such remuneration for
their services as the board of directors may from time to time determine. The directors shall also
be entitled to be reimbursed for travelling and other expenses properly incurred by them in
attending meetings of the board of directors or any committee thereof. Nothing herein contained
shall preclude any director from serving the Corporation in any other capacity and receiving
remuneration therefor.


<P align="center" style="font-size: 12pt">ARTICLE FOUR



<P align="center" style="font-size: 12pt">COMMITTEES



<P align="left" style="font-size: 12pt; text-indent: 4%">4.01. <U>Committees of the Board</U>. The board of directors may appoint from their number
one or more committees of the board of directors, however designated, and delegate to any such
committee the full power of the board of directors, to the fullest extent permitted by law. The
board of directors may designate one or more directors as alternate members of any committee, who
may replace any absent or disqualified member at any meeting of the committee. In the absence or
disqualification of a member of the committee, the member or members thereof present at any meeting
and not disqualified from voting, whether or not he, she or they constitute a quorum, may
unanimously appoint another member of the board of directors to act at the meeting in place of any
absent or disqualified member.


<P align="left" style="font-size: 12pt; text-indent: 4%">4.02. <U>Transaction of Business</U>. Unless the board of directors otherwise provides, each
committee designated by the board of directors may make, alter and repeal rules for the conduct of
its business, provided that no committee shall fix its quorum at less than a majority of the
members. In the absence of such rules, each committee shall conduct its business in the same
manner as the board of directors conducts its business pursuant to Article&nbsp;Three of these bylaws.


<P align="left" style="font-size: 12pt; text-indent: 4%">4.03. <U>Audit Committee</U>. The board of directors shall select annually from among its
ranks an audit committee to be composed of not fewer than three directors none of whom shall be
officers or employees of the Corporation or any of its affiliates. The audit committee shall have
the powers and duties provided by resolution of the board of directors.


<P align="center" style="font-size: 12pt">ARTICLE FIVE



<P align="center" style="font-size: 12pt">OFFICERS



<P align="left" style="font-size: 12pt; text-indent: 4%">5.01. <U>Appointment</U>. The board of directors may from time to time appoint a president,
one or more vice-presidents (to which title may be added words indicating seniority or function), a
secretary, a treasurer and such other officers as the board of directors may determine, including
one or more assistants to any of the officers so appointed. One person may hold more than one
office. The board of directors may specify the duties of and, in accordance with these bylaws and
subject to the General Corporation Law of the State of Delaware, delegate to such officers powers
to manage the business and affairs of the Corporation. Subject to Section&nbsp;5.02, an officer may but
need not be a director.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.02. <U>Chairman of the Board</U>. The board of directors may from time to time appoint a
chairman of the board who shall be a director. If appointed, the board of directors may assign to
the chairman of the board any of the powers and duties that are by any provisions of these bylaws
assigned to the president; and the chairman of the board shall have such other powers and duties as
the board of directors may specify.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.03. <U>President</U>. The president shall be the chief executive officer and, subject to
the authority of the board of directors, shall have general supervision of the business of the
Corporation; and the president shall have such other powers and duties as the board of directors
may specify.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.04. <U>Secretary</U>. Unless otherwise determined by the board of directors, the secretary
shall be the secretary of all meetings of the board of directors, stockholders and committees of
the board of directors that the secretary attends. The secretary shall enter or cause to be entered
in records kept for that purpose minutes of all proceedings at meetings of the board of directors,
stockholders and committees of the board of directors, whether or not the secretary attends such
meetings; the secretary shall give or cause to be given, as and when instructed, all notices to
stockholders, directors, officers, auditors and members of committees of the board of directors;
the secretary shall be the custodian of the stamp or mechanical device generally used for affixing
the corporate seal of the Corporation and of all books, records and instruments belonging to the
Corporation, except when some other officer or agent has been appointed for that purpose; and the
secretary shall have such other powers and duties as otherwise may be specified.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.05. <U>Treasurer</U>. The treasurer shall keep proper accounting records in compliance with
applicable law and any regulation or rules applicable to the Corporation or its securities,
including any regulation or rules of the stock exchange upon which the securities of the
Corporation are listed and shall be responsible for the deposit of money, the safekeeping of
securities and the disbursement of the funds of the Corporation; the treasurer shall render to the
board of directors whenever required an account of all his transactions as treasurer and of the
financial position of the Corporation; and the treasurer shall have such other powers and duties as
otherwise may be specified.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.06. <U>Powers and Duties of Officers</U>. The powers and duties of all officers shall be
such as the terms of their engagement call for or as the board of directors or (except for those
whose powers and duties are to be specified only by the board of directors) the president may
specify. The board of directors and (except as aforesaid) the president may, from time to time and
subject to the provisions of the General Corporation Law of the State of Delaware, vary, add to or
limit the powers and duties of any officer. Any of the powers and duties of an officer to whom an
assistant has been appointed may be exercised and performed by such assistant, unless the board of
directors or the president otherwise directs.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.07. <U>Removal; Term of Office</U>. The board of directors, in its discretion, may remove
any officer of the Corporation. Each officer appointed by the board of directors shall hold office
until his successor is appointed or until his earlier resignation or removal.


<P align="left" style="font-size: 12pt; text-indent: 4%">5.08. <U>Conflict of Interest</U>. An officer shall disclose his interest in any material
contract or transaction or proposed material contract or transaction with the Corporation.


<P align="center" style="font-size: 12pt">ARTICLE SIX



<P align="center" style="font-size: 12pt">INDEMNIFICATION AND ADVANCEMENT



<P align="left" style="font-size: 12pt; text-indent: 4%">6.01. <U>Right to Indemnification</U>. The Corporation shall indemnify and hold harmless, to
the fullest extent permitted by applicable law as it presently exists or may hereafter be amended,
any person (a &#147;<U><B>Covered Person</B></U>&#148;) who was or is made or is threatened to be made a party or
is otherwise involved in any action, suit or proceeding, whether civil, criminal, administrative or
investigative (a &#147;<U><B>Proceeding</B></U>&#148;), by reason of the fact that he or she, or a person for whom
he or she is the legal representative, is or was a director or officer of the Corporation or, while
a director or officer of the Corporation, is or was serving at the request of the Corporation as a
director, officer, employee or agent of another corporation or of a partnership, joint venture,
trust, enterprise or nonprofit entity, including service with respect to employee benefit plans,
against all liability and loss suffered and expenses (including attorneys&#146; fees) reasonably
incurred by such Covered Person. Notwithstanding the preceding sentence, except as otherwise
provided in Section&nbsp;6.03, the Corporation shall be required to indemnify a Covered Person in
connection with a Proceeding (or part thereof) commenced by such Covered Person only if the
commencement of such Proceeding (or part thereof) by the Covered Person was authorized in the
specific case by the board of directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">6.02. <U>Prepayment of Expenses</U>. The Corporation shall to the fullest extent not
prohibited by applicable law pay the expenses (including attorneys&#146; fees) incurred by a Covered
Person in defending any Proceeding in advance of its final disposition, <U>provided</U>,
<U>however</U>, that, to the extent required by law, such payment of expenses in advance of the
final disposition of the Proceeding shall be made only upon receipt of an undertaking by the
Covered Person to repay all amounts advanced if it should be ultimately determined that the Covered
Person is not entitled to be indemnified under this Article&nbsp;Six or otherwise.


<P align="left" style="font-size: 12pt; text-indent: 4%">6.03. <U>Claims</U>. If a claim for indemnification (following the final disposition of such
Proceeding) or advancement of expenses under this Article&nbsp;Six is not paid in full within thirty
days after a written claim therefor by the Covered Person has been received by the Corporation, the
Covered Person may file suit to recover the unpaid amount of such claim and, if successful in whole
or in part, shall be entitled to be paid the expense of prosecuting such claim to the fullest
extent permitted by law. In any such action the Corporation shall have the burden of proving that
the Covered Person is not entitled to the requested indemnification or advancement of expenses
under applicable law.


<P align="left" style="font-size: 12pt; text-indent: 4%">6.04. <U>Nonexclusivity of Rights</U>. The rights conferred on any Covered Person by this
Article&nbsp;Six shall not be exclusive of any other rights which such Covered Person may have or
hereafter acquire under any statute, provision of the certificate of incorporation, these bylaws,
agreement, vote of stockholders or disinterested directors or otherwise.


<P align="left" style="font-size: 12pt; text-indent: 4%">6.05. <U>Other Sources</U>. The Corporation&#146;s obligation, if any, to indemnify or to advance
expenses to any Covered Person who was or is serving at its request as a director, officer,
employee or agent of another corporation, partnership, joint venture, trust, enterprise or
nonprofit entity shall be reduced by any amount such Covered Person may collect as indemnification
or advancement of expenses from such other corporation, partnership, joint venture, trust,
enterprise or non-profit enterprise.


<P align="left" style="font-size: 12pt; text-indent: 4%">6.06. <U>Amendment or Repeal</U>. Any right to indemnification or to advancement of expenses
of any Covered Person arising hereunder shall not be eliminated or impaired by an amendment to or
repeal of these bylaws after the occurrence of the act or omission that is the subject of the
civil, criminal, administrative or investigative action, suit or proceeding for which
indemnification or advancement of expenses is sought.


<P align="left" style="font-size: 12pt; text-indent: 4%">6.07. <U>Other Indemnification and Advancement of Expenses</U>. This Article&nbsp;Six shall not
limit the right of the Corporation, to the extent and in the manner permitted by law, to indemnify
and to advance expenses to persons other than Covered Persons when and as authorized by appropriate
corporate action.


<P align="center" style="font-size: 12pt">ARTICLE SEVEN



<P align="center" style="font-size: 12pt">STOCK CERTIFICATES



<P align="left" style="font-size: 12pt; text-indent: 4%">7.01. <U>Certificates; Uncertificated Stock</U>. The shares of the Corporation shall be
represented by certificates, provided that the board of directors may provide by resolution or
resolutions that some or all of any or all classes or series of stock shall be uncertificated
shares. Any such resolution shall not apply to shares represented by a certificate until such
certificate is surrendered to the Corporation. Every holder of stock represented by certificates
shall be entitled to have a certificate signed by or in the name of the Corporation by the chairman
of the board, if any, or the president or a vice president, and by the treasurer or an assistant
treasurer, or the secretary or an assistant secretary, of the Corporation certifying the number of
shares owned by such holder in the Corporation. Any of or all the signatures on the certificate
may be a facsimile. In case any officer, transfer agent or registrar who has signed or whose
facsimile signature has been placed upon a certificate shall have ceased to be such officer,
transfer agent, or registrar before such certificate is issued, it may be issued by the Corporation
with the same effect as if such person were such officer, transfer agent, or registrar at the date
of issue.


<P align="left" style="font-size: 12pt; text-indent: 4%">7.02. <U>Lost, Stolen or Destroyed Stock Certificates; Issuance of New Certificates</U>. The
Corporation may issue a new certificate of stock in the place of any certificate theretofore issued
by it, alleged to have been lost, stolen or destroyed, and the Corporation may require the owner of
the lost, stolen or destroyed certificate, or such owner&#146;s legal representative, to give the
Corporation a bond sufficient to indemnify it against any claim that may be made against it on
account of the alleged loss, theft or destruction of any such certificate or the issuance of such
new certificate.


<P align="left" style="font-size: 12pt; text-indent: 4%">7.03. <U>Transfers of Stock</U>. Transfers of shares of stock of the Corporation shall be
made only on the books of the Corporation upon authorization by the registered holder thereof or by
such holder&#146;s attorney thereunto authorized by a power of attorney duly executed and filed with the
secretary or a transfer agent for such stock, and if such shares are represented by a certificate,
upon surrender of the certificate or certificates for such shares properly endorsed or accompanied
by a duly executed stock transfer power and the payment of any taxes thereon; provided, however,
that the Corporation shall be entitled to recognize and enforce any lawful restriction on transfer.


<P align="left" style="font-size: 12pt; text-indent: 4%">7.04. <U>Addresses of Stockholders</U>. Each stockholder shall designate to the secretary an
address at which notices of meetings and all other corporate notices may be served or mailed to
such stockholder and, if any stockholder shall fail to so designate such an address, corporate
notices may be served upon such stockholder by mail directed to the mailing address, if any, as the
same appears in the stock ledger of the Corporation or at the last known mailing address of such
stockholder.


<P align="left" style="font-size: 12pt; text-indent: 4%">7.05. <U>Registered Stockholders</U>. The Corporation shall be entitled to recognize the
exclusive right of a person registered on its books as the owner of shares to receive dividends,
and to vote as such owner, and shall not be bound to recognize any equitable or other claim to or
interest in such share or shares on the part of any other person, whether or not it shall have
express or other notice thereof, except as otherwise provided by law.


<P align="center" style="font-size: 12pt">ARTICLE EIGHT



<P align="center" style="font-size: 12pt">NOTICES



<P align="left" style="font-size: 12pt; text-indent: 4%">8.01. <U>Method of Giving Notices.</U> Any notice to be given pursuant to the General
Corporation Law of the State of Delaware, the certificate of incorporation, these bylaws or
otherwise to a stockholder or director may be provided in person, in writing or by electronic
transmission. A notice so delivered shall be deemed to have been received when it is delivered
personally and a notice so mailed shall be deemed to have been received when it is deposited in the
United States mail, postage prepaid and directed to the stockholder or director at such person&#146;s
address as it appears on the records of the Corporation. Any notice to stockholders given by
electronic transmission shall be effective if given by a form of electronic transmission consented
to by the stockholder to whom the notice is given and 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 such
posting and the giving of such separate notice; and (iv)&nbsp;if by another form of electronic
transmission, when directed to the stockholder. For purposes of these bylaws, &#147;electronic
transmission&#148; means 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.


<P align="left" style="font-size: 12pt; text-indent: 4%">8.02. <U>Notice to Joint Stockholders.</U> If two or more persons are registered as joint
holders of any share, any notice may be addressed to all such joint holders, but notice addressed
to one of such persons shall be sufficient notice to all of them.


<P align="left" style="font-size: 12pt; text-indent: 4%">8.03. <U>Waiver of Notice</U>. Any waiver of notice, given by the person 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
stockholders, directors, or members of a committee of directors need be specified in a waiver of
notice.


<P align="center" style="font-size: 12pt">ARTICLE NINE



<P align="center" style="font-size: 12pt">MISCELLANEOUS



<P align="left" style="font-size: 12pt; text-indent: 4%">9.01. <U>Corporate Seal</U>. The corporate seal shall have the name of the Corporation
inscribed thereon and shall be in such form as may be approved from time to time by the board of
directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">9.02. <U>Fiscal Year</U>. The fiscal year of the Corporation shall end on such day in each
year as determined from time to time by the board of directors.


<P align="left" style="font-size: 12pt; text-indent: 4%">9.03. <U>Forum Selection</U>. Unless the Corporation consents in writing to the selection of
an alternative forum, the sole and exclusive forum for (i)&nbsp;any derivative action or proceeding
brought against or on behalf of the Corporation, (ii)&nbsp;any action asserting a claim of breach of a
duty owed by any current or former director, officer, other employee or stockholder of the
Corporation to the Corporation or the Corporation&#146;s stockholders, (iii)&nbsp;any action asserting a
claim arising pursuant to any provision of the Delaware General Corporation Law, (iv)&nbsp;any action as
to which the Delaware General Corporation Law confers jurisdiction upon the Court of Chancery in
the State of Delaware, or (v)&nbsp;any action asserting a claim governed by the internal affairs
doctrine, shall, to the fullest extent permitted by law, be the Court of Chancery in the State of
Delaware (or, only if the Court of Chancery in the State of Delaware declines to accept
jurisdiction over a particular matter, any state or federal court located within the State of
Delaware). Any person or entity purchasing or otherwise acquiring any interest in shares of
capital stock of the Corporation shall be deemed to have notice of and consented to the provisions
of this Section&nbsp;9.03.


<P align="left" style="font-size: 12pt; text-indent: 4%">9.04. <U>Power to Amend</U>. The power to adopt, amend and repeal the Bylaws shall be as
provided in the certificate of incorporation.



<P align="center" style="font-size: 10pt; display: none">3




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