<SEC-DOCUMENT>0001615774-16-008853.txt : 20161212
<SEC-HEADER>0001615774-16-008853.hdr.sgml : 20161212
<ACCEPTANCE-DATETIME>20161212171750
ACCESSION NUMBER:		0001615774-16-008853
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		7
CONFORMED PERIOD OF REPORT:	20161206
ITEM INFORMATION:		Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20161212
DATE AS OF CHANGE:		20161212

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Polar Power, Inc.
		CENTRAL INDEX KEY:			0001622345
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		IRS NUMBER:				330479020
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-37960
		FILM NUMBER:		162046986

	BUSINESS ADDRESS:	
		STREET 1:		249 E. GARDENA BOULEVARD
		CITY:			GARDENA
		STATE:			CA
		ZIP:			90248
		BUSINESS PHONE:		310-830-9153

	MAIL ADDRESS:	
		STREET 1:		249 E. GARDENA BOULEVARD
		CITY:			GARDENA
		STATE:			CA
		ZIP:			90248
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>s104924_8k.htm
<DESCRIPTION>8-K
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM&nbsp;8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CURRENT REPORT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Pursuant to Section&nbsp;13 or 15(d)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>of The Securities Exchange Act of 1934</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Date of Report (Date of earliest event
reported)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>December 6, 2016</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Polar Power, Inc.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Exact name of registrant as specified
in its charter)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 32%; text-align: center"><FONT STYLE="font-size: 10pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 32%; text-align: center"><FONT STYLE="font-size: 10pt"><B>001-37960</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 32%; text-align: center"><FONT STYLE="font-size: 10pt"><B>33-0479020</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt"><B>(State or other jurisdiction</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>of incorporation)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt"><B>(Commission</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>File Number)</B></FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 10pt"><B>(IRS Employer</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Identification No.)</B></FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>249 E. Gardena Boulevard</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Gardena, CA 90248</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Address of principal executive offices,
including zip code)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(310) 830-9153</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Registrant&rsquo;s telephone number,
including area code)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Not Applicable</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>(Former name or former address, if changed
since last report)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">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 (see General Instruction
A.2. below):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings; font-size: 10pt">&uml;</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt">&nbsp;</P>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item&nbsp;5.03 Amendments to Articles of Incorporation or
Bylaws; Change in Fiscal Year.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">On December 6, 2016, Polar Power, Inc.
(the &ldquo;Company&rdquo;) reincorporated as a Delaware corporation in connection with the initial public offering of shares of
its common stock (the &ldquo;Initial Public Offering&rdquo;). The reincorporation was effected through a short-form reincorporation
merger pursuant to Section&nbsp;253 of the Delaware General Corporation Law by merging Polar Power, Inc., a California corporation
(&ldquo;Polar Power CA&rdquo;), with and into the Company, a wholly-owned subsidiary of Polar Power CA (the &ldquo;Merger&rdquo;).
The Company is the surviving corporation in the Merger.&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt"><FONT STYLE="font-size: 10pt">In
connection with the Merger, the Company filed a Certificate of Incorporation with the Secretary of State of the State of
Delaware on December 6, 2016. The Company&rsquo;s board of directors and stockholders previously approved the Certificate of
Incorporation to be effective prior to the effectiveness of the Registration Statement. A description of the Certificate of
Incorporation is set forth in the sections entitled &ldquo;Risk Factors&rdquo; and &ldquo;Description of Capital Stock&rdquo;
of the Company&rsquo;s Prospectus (the &ldquo;Prospectus&rdquo;) filed with the Securities and Exchange Commission (the
&ldquo;SEC&rdquo;) on December 7, 2016 pursuant to Rule 424(b) under the Securities Act of 1933, as amended (the
&ldquo;Securities Act&rdquo;), relating to the registration statement on Form S-1 (File No. 333-213572) originally filed by
the Company with the SEC on September 9, 2016 (as amended, the &ldquo;Registration Statement&rdquo;). The description of the
Certificate of Incorporation is qualified in its entirety by reference to the full text of the Certificate of Incorporation
filed herewith as Exhibit 3.1 and is incorporated herein by reference.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">A copy of the Certificate of Ownership
and Merger filed by the Company with the Secretary of State of the State of Delaware on December 6, 2016 is filed herewith as Exhibit
3.2 and is incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">Effective as of December 6, 2016, the Company
adopted bylaws (the &ldquo;Bylaws&rdquo;) in connection with the completion of the Initial Public Offering. The Company&rsquo;s
board of directors and stockholders previously approved the Bylaws to be effective immediately prior to the effectiveness of the
Registration Statement. A description of the Bylaws is set forth in the sections of the Prospectus entitled &ldquo;Risk Factors&rdquo;
and &ldquo;Description of Capital Stock.&rdquo; The description of the Bylaws is qualified in its entirety by reference to the
full text of the Bylaws filed herewith as Exhibit 3.3 and incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item&nbsp;7.01 Regulation FD Disclosure.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">In connection with the closing of the Initial
Public Offering, the Company issued a press release to announce each of the pricing of the Initial Public Offering on December
6, 2016 and the closing of the Initial Public Offering on December 12, 2016. Copies of the press releases are attached hereto as
Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">The information furnished pursuant
to Item&nbsp;7.01 on this Form 8-K, including Exhibits 99.1 and 99.2 attached hereto, shall not be deemed
&ldquo;filed&rdquo; for purposes of Section&nbsp;18 of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange
Act&rdquo;), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into
any other filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a
filing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Item&nbsp;9.01 Financial Statements and Exhibits.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 4%"><FONT STYLE="font-size: 10pt">(d)</FONT></TD>
    <TD><FONT STYLE="font-size: 10pt">Exhibits.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; text-align: center; width: 13%"><FONT STYLE="font-size: 10pt">Exhibit&nbsp;No.</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD NOWRAP STYLE="border-bottom: Black 1pt solid; width: 85%"><FONT STYLE="font-size: 10pt">Description</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top">&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">3.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Certificate of Incorporation of the Registrant.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top">&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">3.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Certificate of Ownership and Merger of the Registrant</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top">&nbsp;&nbsp;<FONT STYLE="font-size: 10pt">3.3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Bylaws of the Registrant.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Press Release, dated December 6, 2016.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">99.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Press Release, dated December 12, 2016.</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 24.5pt">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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="3"><FONT STYLE="font-size: 10pt"><B>POLAR POWER, INC.</B></FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="width: 55%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 4%"><FONT STYLE="font-size: 10pt">By:</FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; width: 40%"><FONT STYLE="font-size: 10pt">/s/ Arthur D. Sams</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt">Arthur D. Sams</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt">President, Chief Executive Officer and Secretary</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: December 12, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT INDEX</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD NOWRAP STYLE="width: 13%; border-bottom: Black 1pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Exhibit&nbsp;No.</FONT></TD>
    <TD STYLE="width: 2%">&nbsp;</TD>
    <TD NOWRAP STYLE="width: 85%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">Description</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;3.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Certificate of Incorporation of the Registrant.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;3.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Certificate of Ownership and Merger of the Registrant.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;3.3</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Bylaws of the Registrant.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">99.1</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Press Release, dated December 6, 2016.</FONT></TD></TR>
<TR>
    <TD NOWRAP STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">99.2</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">Press Release, dated December 12, 2016.</FONT></TD></TR>
</TABLE>
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<TYPE>EX-3.1
<SEQUENCE>2
<FILENAME>s104924_ex3-1.htm
<DESCRIPTION>EXHIBIT 3.1
<TEXT>
<HTML>
<HEAD>
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<P STYLE="margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 3.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CERTIFICATE OF INCORPORATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>OF POLAR POWER, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE I</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The name of the corporation is Polar Power,
Inc. (the &ldquo;<U>Corporation</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE II</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The address of the Corporation&rsquo;s registered
office in the State of Delaware is 3500 South Dupont Highway in the city of Dover, County of Kent, Delaware 19901. The name of
the registered agent of the Corporation at such address is GKL Registered Agents of DE, Inc.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE III</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The nature of the business or purposes to
be conducted or promoted by the Corporation is to engage in any lawful act or activity for which corporations may be organized
under the General Corporation Law of the State of Delaware (&ldquo;<U>DGCL</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE IV</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The name and mailing address of the incorporator
is Loretta Smith, 5 Park Plaza, Suite 1400, Irvine, California 92614-2545.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE V</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 1.&nbsp;&nbsp;&nbsp;This
Corporation is authorized to issue two classes of stock, to be designated, respectively, &ldquo;Common Stock&rdquo; and &ldquo;Preferred
Stock.&rdquo; The total number of shares of stock that the Corporation shall have authority to issue is 55,000,000 shares, of which
50,000,000 shares are Common Stock, $0.0001 par value per share, and 5,000,000 shares are Preferred Stock, $0.0001 par value per
share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 2. &nbsp;&nbsp;&nbsp;Each share of Common Stock shall entitle
the holder thereof to one vote. Each share of Common Stock shall be equal in all respects to every other share of Common Stock.
Each holder of record of issued and outstanding Common Stock shall be entitled to one vote on all matters for each share so held.
Subject to the rights and preferences, if any, of the holders of Preferred Stock, each issued and outstanding share of Common Stock
shall entitle the record holder thereof to receive dividends and distributions out of funds legally available therefor, when, as
and if declared by the Board of Directors, in such amounts and at such times, if any, as the Board of Directors shall determine,
ratably in proportion to the number of shares of Common Stock held by each such record holder. Upon any voluntary or involuntary
liquidation, dissolution or winding up of the Corporation, after there shall have been paid to or set aside for the holders of
any class of capital stock having preference over the Common Stock in such circumstances the full preferential amounts to which
they are respectively entitled, the holders of the Common Stock, and of any class or series of capital stock entitled to participate
in whole or in part therewith as to the distribution of assets, shall be entitled, after payment or provision for the payment of
all debts and liabilities of the Corporation, to receive the remaining assets of the Corporation available for distribution, in
cash or in kind, ratably in proportion to the number of shares of Common Stock held by each such holder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 3. &nbsp;&nbsp;&nbsp;The Preferred Stock may be issued from time
to time in one or more series pursuant to a resolution or resolutions providing for such issue duly adopted by the Board of Directors
(authority to do so being hereby expressly vested in the Board of Directors). The Board of Directors is further authorized, subject
to limitations prescribed by law, to fix by resolution or resolutions the designations, powers, preferences and rights, and the
qualifications, limitations or restrictions thereof, of any wholly unissued series of Preferred Stock, including, without limitation,
authority to fix by resolution or resolutions the dividend rights, dividend rate, conversion rights, voting rights, rights and
terms of redemption (including sinking fund provisions), redemption price or prices, and liquidation preferences of any such series,
and the number of shares constituting any such series and the designation thereof, or any of the foregoing. The Board of Directors
is further authorized to increase (but not above the total number of authorized shares of the class) or decrease (but not below
the number of shares of any such series then outstanding) the number of shares of any series, the number of which was fixed by
it, subject to the powers, preferences and rights, and the qualifications, limitations and restrictions thereof stated in this
Certificate of Incorporation or the resolution of the Board of Directors originally fixing the number of shares of such series.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 4. &nbsp;&nbsp;&nbsp;The number of authorized shares of Preferred
Stock or Common Stock may be increased or decreased (but not below the number of shares thereof then outstanding) by the affirmative
vote of the holders of a majority of the voting power of the outstanding shares of the Corporation entitled to vote, irrespective
of the provisions of Section 242(b)(2) of the DGCL (or any successor provision thereto), voting together as a single class, without
a separate vote of the holders of shares of the class or classes the number of authorized shares of which are being increased or
decreased, unless a vote by any holders of one or more series of Preferred Stock is required by the express terms of any series
of Preferred Stock as provided for or fixed pursuant to the provisions of <U>Section 3</U> of this <U>Article V</U> (or any certificate
of designation with respect thereto). Except as otherwise required by law or provided in this <U>Section 4</U>, holders of Common
Stock shall not be entitled to vote on any amendment to this Certificate of Incorporation (including any certificate of designation
filed with respect to any series of Preferred Stock) that relates solely to the terms of one or more outstanding series of Preferred
Stock if the holders of such affected series are entitled, either separately or together as a class with the holders of one or
more other such series, to vote thereon by law or pursuant to this Certificate of Incorporation (including any certificate of designation
filed with respect to any series of Preferred Stock).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE VI</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the rights of holders of Preferred
Stock, the number of directors that constitutes the entire Board of Directors of the Corporation shall be fixed solely by resolution
of the majority of the Whole Board. For purposes of this Certificate of Incorporation, the term &ldquo;<U>Whole Board</U>&rdquo;
shall mean the total number of authorized directors whether or not there exist any vacancies in the previously authorized directorships.
At each annual meeting of stockholders, directors of the Corporation shall be elected to hold office until the next annual meeting
of stockholders and until their successors have been duly elected and qualified or until their earlier resignation or removal;
except that if any such meeting shall not be so held, such election shall take place at a stockholders&rsquo; meeting called and
held in accordance with the DGCL or by written consent in lieu of an annual meeting pursuant to Section 211(b) of the DGCL and
<U>Article IX</U> hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE VII </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as otherwise provided for or fixed
by or pursuant to the provisions of <U>Article V</U> hereof in relation to the rights of the holders of Preferred Stock to elect
directors under specified circumstances or as provided by resolution of the Board of Directors, newly created directorships resulting
from any increase in the number of directors, created in accordance with the Bylaws of the Corporation, and any vacancies on the
Board of Directors resulting from death, resignation, disqualification, removal or other cause shall be filled only by the affirmative
vote of a majority of the remaining directors then in office, even though less than a quorum of the Board of Directors, or by a
sole remaining director, and not by the stockholders. A person so elected by the Board of Directors to fill a vacancy or newly
created directorship shall hold office until the next election of the class for which such director shall have been chosen until
his or her successor shall have been duly elected and qualified, or until such director&rsquo;s earlier death, resignation or removal.
No decrease in the number of directors constituting the Board of Directors shall shorten the term of any incumbent director.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE VIII </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 1. &nbsp;&nbsp;&nbsp;The Corporation is to have perpetual existence.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 2. &nbsp;&nbsp;&nbsp;The business and affairs of the Corporation
shall be managed by or under the direction of the Board of Directors. In addition to the powers and authority expressly conferred
upon them by statute or by this Certificate of Incorporation or the Bylaws of the Corporation, the Board of Directors are hereby
empowered to exercise all such powers and do all such acts and things as may be exercised or done by the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 3. &nbsp;&nbsp;&nbsp;In furtherance and not in limitation of the
powers conferred by statute, the Board of Directors is expressly authorized to adopt, alter, amend or repeal the Bylaws of the
Corporation. The affirmative vote of at least a majority of the Whole Board shall be required in order for the Board of Directors
to adopt, amend, alter or repeal the Corporation&rsquo;s Bylaws. The Corporation&rsquo;s Bylaws may also be adopted, amended, altered
or repealed by the stockholders of the Corporation. Notwithstanding the above or any other provision of this Certificate of Incorporation,
the Bylaws of the Corporation may not be amended, altered or repealed except in accordance with <U>Article X</U> of the Bylaws.
No Bylaw hereafter legally adopted, amended, altered or repealed shall invalidate any prior act of the directors or officers of
the Corporation that would have been valid if such Bylaw had not been adopted, amended, altered or repealed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 4. &nbsp;&nbsp;The election of directors need not be by
written ballot unless the Bylaws of the Corporation shall so provide.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 5. &nbsp;&nbsp;No stockholder will be permitted to cumulate
votes at any election of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE IX </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 1. &nbsp;&nbsp;Any action required or permitted to be taken
at an annual or special meeting of stockholders may be taken without a meeting if a consent or consents in writing, setting forth
the action so taken, shall be signed by holders of record on the record date (established in the manner provided in <U>Section
2</U> of this <U>Article IX</U>) of outstanding shares of the Corporation 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, but only if such action is taken in accordance with the provisions of this <U>Article IX</U>, the Bylaws of the Corporation
and applicable law; <U>provided</U>, <U>however</U>, that in the case of the election or removal of directors by written consent,
such consent shall be effective only if signed by the holders of all outstanding shares entitled to vote for the election of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 2. &nbsp;&nbsp;In order that the Corporation may determine
the stockholders entitled to consent to corporate action in writing without a meeting, the Board of Directors may fix a record
date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of
Directors, and which record date shall not be more than ten days after the date upon which the resolution fixing the record date
is adopted by the Board of Directors. Any stockholder of record seeking to have the stockholders authorize or take corporate action
by written consent shall, by written notice to the attention of the Secretary of the Corporation, request the Board of Directors
to fix a record date. The Board of Directors shall promptly, but in all events within ten days after the date on which such a request
is received, adopt a resolution fixing the record date (unless a record date has previously been fixed by the Board of Directors
pursuant to the first sentence of this <U>Section 2</U> of <U>Article IX</U>). If no record date has been fixed by the Board of
Directors within ten days of the date on which such a request is received, the record date for determining stockholders entitled
to consent to corporate action in writing without a meeting, when no prior action by the Board of Directors is required by applicable
law, shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered
to the Corporation by delivery to its registered office in the State of Delaware, its principal place of business, or an officer
or agent of the Corporation having custody of the book in which proceedings of meetings of stockholders are recorded. If no record
date has been fixed by the Board of Directors and prior action by the Board of Directors is required by applicable law, the record
date for determining stockholders entitled to consent to corporate action in writing without a meeting shall be at the close of
business on the date on which the Board of Directors adopts the resolution taking such prior action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE X </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 1. &nbsp;&nbsp;&nbsp;Special meetings of stockholders of the Corporation
may be called only by the Board of Directors acting pursuant to a resolution adopted by a majority of the Whole Board, and any
power of stockholders to call a special meeting of stockholders is specifically denied. Only such business shall be considered
at a special meeting of stockholders as shall have been stated in the notice for such meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 2. &nbsp;&nbsp;&nbsp;Advance notice of stockholder nominations
for the election of directors and of business to be brought by stockholders before any meeting of the stockholders of the Corporation
shall be given in the manner and to the extent provided in the Bylaws of the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE XI </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 1. &nbsp;&nbsp;To the fullest extent permitted by the DGCL
as the same exists or as may hereafter be amended from time to time, a director of the Corporation shall not be personally liable
to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a director. If the DGCL is amended
to authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director
of the Corporation shall be eliminated or limited to the fullest extent permitted by the DGCL, as so amended.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 2. &nbsp;&nbsp;&nbsp;The
Corporation shall indemnify, to the fullest extent permitted by applicable law, any director or officer of the Corporation
who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or investigative (a &ldquo;<U>Proceeding</U>&rdquo;) by reason of the fact that he or
she is or was a director, officer, employee or agent of the Corporation or is or was serving at the request of the
Corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other
enterprise, including service with respect to employee benefit plans, against expenses (including attorneys&rsquo; fees),
judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with any such
Proceeding. The Corporation shall be required to indemnify a person in connection with a Proceeding (or part thereof)
initiated by such person only if the Proceeding (or part thereof) was authorized by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 3. &nbsp;&nbsp;&nbsp;The Corporation shall have the power to indemnify,
to the extent permitted by applicable law, any employee or agent of the Corporation who was or is a party or is threatened to be
made a party to any Proceeding by reason of the fact that he or she is or was a director, officer, employee or agent of the Corporation
or is or was serving at the request of the Corporation as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise, including service with respect to employee benefit plans, against expenses (including
attorneys&rsquo; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection
with any such Proceeding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Section 4. &nbsp;&nbsp;&nbsp;Neither any amendment nor repeal of any Section
of this <U>Article XI</U>, nor the adoption of any provision of this Certificate of Incorporation or the Bylaws of the Corporation
inconsistent with this <U>Article XI</U>, shall eliminate or reduce the effect of this <U>Article XI</U> in respect of any matter
occurring, or any cause of action, suit, claim or proceeding accruing or arising or that, but for this <U>Article XI</U>, would
accrue or arise, prior to such amendment, repeal or adoption of an inconsistent provision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE XII</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Meetings of stockholders may be held within
or outside of the State of Delaware, as the Bylaws may provide. The books of the Corporation may be kept (subject to any provision
contained in the statutes) outside of the State of Delaware at such place or places as may be designated from time to time by the
Board of Directors or in the Bylaws of the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE XIII</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless the Corporation consents in writing
to the selection of an alternative forum and to the fullest extent permitted by law, the Court of Chancery of the State of Delaware
(or, if such court lacks jurisdiction, any other state or federal court located within the State of Delaware) shall be the sole
and exclusive forum for (A) any derivative action or proceeding brought on behalf of the Corporation, (B) any action or proceeding
asserting a claim of breach of a fiduciary duty owed by any director, officer or other employee of the Corporation to the Corporation
or the Corporation&rsquo;s stockholders, (C) any action or proceeding asserting a claim arising pursuant to any provision of the
DGCL or the Corporation&rsquo;s Certificate of Incorporation or Bylaws, or (D) any action or proceeding asserting a claim governed
by the internal affairs doctrine; in all cases subject to the court&rsquo;s having personal jurisdiction over the indispensable
parties named as defendants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE XIV</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation shall not be governed by
the provisions of Section 203 of the DGCL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>ARTICLE XV </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation reserves the right to amend
or repeal any provision contained in this Certificate of Incorporation in the manner prescribed by the laws of the State of Delaware
and all rights conferred upon stockholders are granted subject to this reservation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">I, the undersigned,
being the incorporator, for the purpose of forming a corporation pursuant to the DGCL, do make this Certificate of Incorporation,
hereby acknowledging, declaring, and certifying that the foregoing Certificate of Incorporation is my act and deed and that the
facts herein stated are true, and have accordingly hereunto set my hand this 6<SUP>th</SUP> day of December, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
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    <TD STYLE="width: 50%; font-size: 10pt">&nbsp;</TD>
    <TD STYLE="width: 50%; font-size: 10pt; text-decoration: none; border-bottom: Black 1pt solid">/s/ Loretta Smith</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 10pt">&nbsp;</TD>
    <TD STYLE="font-size: 10pt">Loretta Smith, Incorporator</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

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<DOCUMENT>
<TYPE>EX-3.2
<SEQUENCE>3
<FILENAME>s104924_ex3-2.htm
<DESCRIPTION>EXHIBIT 3.2
<TEXT>
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<P STYLE="margin: 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 3.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CERTIFICATE OF OWNERSHIP AND MERGER</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>MERGING</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>POLAR POWER, INC. a California corporation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>WITH AND INTO</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>POLAR POWER, INC. a Delaware corporation</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to Section 253 of the Delaware General Corporation
Law (the &ldquo;<B>DGCL</B>&rdquo;), POLAR POWER, INC. (the &ldquo;<B>Corporation</B>&rdquo;), a California corporation, does hereby
certify to the following information relating to the merger (the &ldquo;<B>Merger</B>&rdquo;) of the Corporation with and into
POLAR POWER, INC., a Delaware corporation (the &ldquo;<B>Subsidiary</B>&rdquo;), with the Subsidiary remaining as the surviving
corporation:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Corporation owns all of the outstanding shares of each class of capital stock of the Subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Board of Directors of the Corporation, by resolutions duly adopted at a meeting held on December 6, 2016 and attached hereto as
Exhibit A, determined to merge the Corporation with and into the Subsidiary pursuant to Section 253 of the DGCL. Holders of a majority
of the outstanding shares of each class of capital stock of the Corporation approved the Merger by written consent on December
6, 2016 in accordance with the laws of the State of California.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Subsidiary shall be the surviving corporation of the Merger.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Certificate of Incorporation of the Subsidiary, as in effect immediately prior to the Merger, shall be the Certificate of Incorporation
of the surviving corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Certificate of Ownership and Merger and the Merger shall become effective upon the filing of such Certificate of Ownership and
Merger with the Delaware Secretary of State.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">IN WITNESS WHEREOF, the Corporation has caused this Certificate
of Ownership and Merger to be signed by an authorized officer, the 6<SUP>th</SUP> day of December, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">POLAR POWER, INC.,</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">a California corporation</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%">&nbsp;</TD>
    <TD STYLE="width: 4%">&nbsp;</TD>
    <TD STYLE="width: 45%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD>By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid">/s/ Arthur D. Sams</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Name: Arthur D. Sams</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Title: Chairman of the Board, President, Chief</TD></TR>
<TR STYLE="vertical-align: top">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">Executive Officer and Secretary</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;<B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>EXHIBIT A</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>BOARD RESOLUTIONS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><U>APPROVAL OF MERGER</U></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>WHEREAS</B>, Polar
Power, Inc., a California corporation, (the &ldquo;<B>Corporation</B>&rdquo;), owns all of the issued and outstanding shares of
each class of capital stock of Polar Power, Inc., a Delaware corporation (the &ldquo;<B>Subsidiary</B>&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left; text-indent: 0.5in"><B>WHEREAS</B>, it is
deemed advisable and in the best interest of the Corporation to enter into that certain Agreement and Plan of Merger by and between
the Corporation and Subsidiary, substantially in the form presented to the undersigned (&ldquo;<U>Agreement of Merger</U>&rdquo;),
pursuant to which the Corporation shall be merged with and into the Subsidiary, with the Subsidiary as the surviving corporation
(the &ldquo;<U>Merger</U>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>NOW, THEREFORE, BE IT:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED</B>, that the form,
terms and provisions of the Agreement of Merger be, and hereby are, determined to be fair, advisable and in the best interest of
the Corporation and its shareholders, and that the Agreement of Merger be, and hereby is, adopted and approved;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
the Corporation be, and hereby is, authorized and empowered to perform all of its obligations under the Agreement of Merger, including
but not limited to, the consummation of the Merger;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B> that
the Corporation be merged with and into the Subsidiary pursuant to the Agreement of Merger and Section 253 of the Delaware General
Corporation Law (the &ldquo;<B>Merger</B>&rdquo;), so that the separate existence of the Corporation shall cease as soon as the
Merger shall become effective, and the Subsidiary shall continue as the surviving corporation (the &ldquo;<B>Surviving Corporation</B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
holders of the common stock of the Corporation, par value $0.0001 per share (the &ldquo;<B>Corporation Common Stock</B>&rdquo;),
upon surrender of any certificates therefor, shall receive an equivalent number of shares of the common stock of the Surviving
Corporation, par value $0.0001;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
the Certificate of Incorporation of the Subsidiary, as in effect immediately prior to the Merger, shall be the Certificate of Incorporation
of the Surviving Corporation;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>&nbsp;&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
any officer of the Corporation (each such person, an &ldquo;<B>Authorized Officer</B>&rdquo;) be, and each of them hereby is, authorized
to execute and deliver the Agreement of Merger, and the other documents contemplated therein in the name and on behalf of the Corporation
with such additions, deletions or changes therein (including, without limitation, any additions, deletions or changes to any schedules
or exhibits thereto) as the Authorized Officer executing the same shall approve (the execution and delivery thereof by any such
Authorized Officer to be conclusive evidence of his approval of any such additions, deletions or changes);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
each Authorized Officer be, and each of them hereby is, authorized to prepare and execute a Certificate of Ownership and Merger
setting forth a copy of these resolutions, and to file the Certificate of Ownership and Merger with the Secretary of State of Delaware
and pay any fees related to such filing;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
each of the Authorized Officers be, and each of them hereby is, authorized and empowered to take all such further action and to
execute, deliver, and file all such further agreements, certificates, instruments, and documents, in the name and on behalf of
the Corporation, and if requested or required, under its corporate seal duly attested by the Secretary or Assistant Secretary;
to pay or cause to be paid all expenses; to take all such other actions as they or any one of them shall deem necessary, desirable,
advisable, or appropriate to consummate, effectuate, carry out, or further the transactions contemplated by and the intent and
purposes of the foregoing resolutions;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
any and all actions by, on behalf of and in the name of the Corporation for the purposes of the foregoing resolutions, taken prior
to the adoption of these resolutions be, and they hereby are ratified, confirmed and approved in all respects and for all purposes;
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><B>RESOLVED FURTHER</B>, that
this consent may be executed in one or more counterparts, each of which shall be deemed an original but all of which together will
constitute one and the same instrument. A facsimile, telecopy or other reproduction of this consent may be executed by one or more
of the Board and the Majority Shareholder, and an executed copy of this consent may be delivered by one or more of the Board or
the Majority Shareholder by facsimile or similar instantaneous electronic transmission device pursuant to which the signature of
or on behalf of such Board member and Majority Shareholder can be seen, and such execution and delivery shall be considered valid,
binding and effective for all purposes as of the date hereof. At the request of the Corporation, all of the members of the Board
and the Majority Shareholder agree to execute an original of this consent as well as any facsimile, telecopy or other reproduction
hereof.</P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

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<TYPE>EX-3.3
<SEQUENCE>4
<FILENAME>s104924_ex3-3.htm
<DESCRIPTION>EXHIBIT 3.3
<TEXT>
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<P STYLE="margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 3.3</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><B>BYLAWS OF POLAR POWER, INC.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-transform: uppercase; text-align: center">ARTICLE
I &mdash; CORPORATE OFFICES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">1.1 REGISTERED OFFICE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The registered office of Polar Power, Inc.
(the &ldquo;<B>Corporation</B>&rdquo;) shall be fixed in the Corporation&rsquo;s Certificate of Incorporation (the &ldquo;<B>Certificate
of Incorporation</B>&rdquo;). References in these Bylaws (the &ldquo;<B>Bylaws</B>&rdquo;) to the Certificate of Incorporation
shall mean the Certificate of Incorporation of the Corporation, as amended from time to time, including the terms of any certificates
of designation of any series of Preferred Stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">1.2 OTHER OFFICES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation may at any time establish
other offices at any place or places.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
II &mdash; MEETINGS OF STOCKHOLDERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.1 PLACE OF MEETINGS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Meetings of stockholders shall be held at
any place, within or outside the State of Delaware, designated by the Corporation&rsquo;s Board of Directors (the &ldquo;<B>Board
of Directors</B>&rdquo;). The Board of Directors may, in its sole discretion, determine that a meeting of stockholders shall not
be held at any place, but may instead be held solely by means of remote communication as authorized by Section 211(a)(2) of the
General Corporation Law of the State of Delaware (the &ldquo;<B>DGCL</B>&rdquo;). In the absence of any such designation or determination,
stockholders&rsquo; meetings shall be held at the Corporation&rsquo;s principal executive office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.2 ANNUAL MEETING</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The annual meeting of stockholders shall
be held on such date, at such time, and at such place (if any) within or without the State of Delaware as shall be designated from
time to time by the Board of Directors and stated in the Corporation&rsquo;s notice of the meeting. At the annual meeting, directors
shall be elected and any other proper business, brought in accordance with <U>Section 2.4</U> of these Bylaws, may be transacted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.3 SPECIAL MEETING</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) A special meeting of the stockholders,
other than those required by statute, may be called at any time only by the affirmative vote of a majority of the Whole Board.
A special meeting of the stockholders may not be called by any other person or persons. The Board of Directors, by the affirmative
vote of a majority of the Whole Board, may cancel, postpone or reschedule any previously scheduled special meeting at any time,
before or after the notice for such meeting has been sent to the stockholders. For purposes of these Bylaws, the term &ldquo;<B>Whole
Board</B>&rdquo; shall mean the total number of authorized directors whether or not there exist any vacancies in previously authorized
directorships.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) The notice of a special meeting shall
include the purpose for which the meeting is called. Only such business
shall be conducted at a special meeting of stockholders as shall have been brought before the meeting by or at the direction of
the Board of Directors. Nothing contained in this <U>Section 2.3(ii)</U> shall be construed as limiting, fixing or affecting the
time when a meeting of stockholders called by action of the Board of Directors may be held.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.4 ADVANCE NOTICE PROCEDURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) <U>Advance Notice of Stockholder Business</U>.
At an annual meeting of the stockholders, only such business shall be conducted as shall have been properly brought before the
meeting. To be properly brought before an annual meeting, business must be brought: (A) pursuant to the Corporation&rsquo;s proxy
materials with respect to such meeting, (B) by or at the direction of the Board of Directors, or (C) by a stockholder of the Corporation
who (1) is a stockholder of record at the time of the giving of the notice required by this <U>Section 2.4(i)</U> and on the record
date for the determination of stockholders entitled to vote at the annual meeting and (2) has timely complied in proper written
form with the notice procedures set forth in this <U>Section 2.4(i)</U>. In addition, for business to be properly brought before
an annual meeting by a stockholder, such business must be a proper matter for stockholder action pursuant to these Bylaws and applicable
law. Except for proposals properly made in accordance with Rule 14a-8 under the Securities Exchange Act of 1934, and the rules
and regulations thereunder (as so amended and inclusive of such rules and regulations, the &ldquo;<B>1934 Act</B>&rdquo;), clause
(C) above shall be the exclusive means for a stockholder to bring business before an annual meeting of stockholders.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(a) To comply with clause (C) of <U>Section
2.4(i)</U>, a stockholder&rsquo;s notice must set forth all information required under this <U>Section 2.4(i)</U> and must be timely
received by the chief executive officer of the Corporation. To be timely, a stockholder&rsquo;s notice must be received by the
secretary at the principal executive offices of the Corporation not later than the 45th day nor earlier than the 75th day before
the one-year anniversary of the date on which the Corporation first mailed its proxy materials or a notice of availability of proxy
materials (whichever is earlier) for the preceding year&rsquo;s annual meeting; <I>provided</I>, <I>however</I>, that in the event
that no annual meeting was held in the previous year or if the date of the annual meeting is advanced by more than 30 days prior
to or delayed by more than 60 days after the one-year anniversary of the date of the previous year&rsquo;s annual meeting, then,
for notice by the stockholder to be timely, it must be so received by the secretary not earlier than the close of business on the
120th day prior to such annual meeting and not later than the close of business on the later of (i) the 90th day prior to such
annual meeting, or (ii) the tenth day following the day on which Public Announcement (as defined below) of the date of such annual
meeting is first made. In no event shall any adjournment or postponement of an annual meeting or the announcement thereof commence
a new time period for the giving of a stockholder&rsquo;s notice as described in this <U>Section 2.4(i)(a)</U>. &ldquo;<B>Public
Announcement</B>&rdquo; shall mean disclosure in a press release reported by the Dow Jones News Service, Associated Press or a
comparable national news service or in a document publicly filed by the Corporation with the Securities and Exchange Commission
pursuant to Section 13, 14 or 15(d) of the 1934 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(b) To be in proper written form, a stockholder&rsquo;s
notice to the secretary must set forth as to each matter of business the stockholder intends to bring before the annual meeting:
(1) a brief description of the business intended to be brought before the annual meeting, the text of the proposed business (including
the text of any resolutions proposed for consideration) and the reasons for conducting such business at the annual meeting, (2)
the name and address, as they appear on the Corporation&rsquo;s books, of the stockholder proposing such business and any Stockholder
Associated Person (as defined below), (3) the class and number of shares of the Corporation that are held of record or are beneficially
owned by the stockholder or any Stockholder Associated Person and any derivative positions held or beneficially held by the stockholder
or any Stockholder Associated Person as of the date of delivery of such notice, (4) whether and the extent to which any hedging
or other transaction or series of transactions has been entered into by or on behalf of such stockholder or any Stockholder Associated
Person with respect to any securities of the Corporation, and a description of any other agreement, arrangement or understanding
(including any short position or any borrowing or lending of shares), the effect or intent of which is to mitigate loss to, or
to manage the risk or benefit from share price changes for, or to increase or decrease the voting power of, such stockholder or
any Stockholder Associated Person with respect to any securities of the Corporation, (5) any material interest of the stockholder
or a Stockholder Associated Person in such business, and (6) a statement whether either such stockholder or any Stockholder Associated
Person will deliver a proxy statement and form of proxy to holders of at least the percentage of the voting power of the Corporation&rsquo;s
voting shares required under applicable law to carry the proposal (such information provided and statements made as required by
clauses (1) through (6) above, a &ldquo;<B>Business Solicitation Statement</B>&rdquo;). In addition, to be in proper written form,
a stockholder&rsquo;s notice to the secretary must be supplemented not later than ten days following the record date for notice
of the meeting to disclose the information contained in clauses (3) and (4) above as of the record date for notice of the meeting.
For purposes of this <U>Section 2.4</U>, a &ldquo;<B>Stockholder Associated Person</B>&rdquo; of any stockholder shall mean (i)
any person controlling, directly or indirectly, or acting in concert with, such stockholder, (ii) any beneficial owner of shares
of stock of the Corporation owned of record or beneficially by such stockholder and on whose behalf the proposal or nomination,
as the case may be, is being made, or (iii) any person controlling, controlled by or under common control with such person referred
to in the preceding clauses (i) and (ii).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(c) Without exception, no business shall
be conducted at any annual meeting except in accordance with the provisions set forth in this <U>Section 2.4(i)</U> and, if applicable,
<U>Section 2.4(ii)</U>. In addition, business proposed to be brought by a stockholder may not be brought before the annual meeting
if such stockholder or a Stockholder Associated Person, as applicable, takes action contrary to the representations made in the
Business Solicitation Statement applicable to such business or if the Business Solicitation Statement applicable to such business
contains an untrue statement of a material fact or omits to state a material fact necessary to make the statements therein not
misleading. The chairperson of the annual meeting shall, if the facts warrant, determine and declare at the annual meeting that
business was not properly brought before the annual meeting and in accordance with the provisions of this <U>Section 2.4(i)</U>,
and, if the chairperson should so determine, he or she shall so declare at the annual meeting that any such business not properly
brought before the annual meeting shall not be conducted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) <U>Advance Notice of Director Nominations
at Annual Meetings</U>. Notwithstanding anything in these Bylaws to the contrary, only persons who are nominated in accordance
with the procedures set forth in this <U>Section 2.4(ii)</U> shall be eligible for election or re-election as directors at an annual
meeting of stockholders. Nominations of persons for election or re-election to the Board of Directors of the Corporation shall
be made at an annual meeting of stockholders only (A) by or at the direction of the Board of Directors or (B) by a stockholder
of the Corporation who (1) was a stockholder of record at the time of the giving of the notice required by this <U>Section 2.4(ii)</U>
and on the record date for the determination of stockholders entitled to vote at the annual meeting and (2) has complied with the
notice procedures set forth in this <U>Section 2.4(ii)</U>. In addition to any other applicable requirements, for a nomination
to be made by a stockholder, the stockholder must have given timely notice thereof in proper written form to the secretary of the
Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(a) To comply with clause (B) of <U>Section
2.4(ii)</U>, a nomination to be made by a stockholder must set forth all information required under this <U>Section 2.4(ii)</U>
and must be received by the secretary of the Corporation at the principal executive offices of the Corporation at the time set
forth in, and in accordance with, the final three sentences of <U>Section 2.4(i)(a)</U>; <I>provided</I>, <I>however</I>, that
in the event the number of directors to be elected to the Board of Directors is increased and there is no Public Announcement naming
all of the nominees for director or specifying the size of the increased board made by the Corporation at least ten (10) days before
the last day a stockholder may deliver notice of nomination pursuant to the foregoing provisions, a stockholder&rsquo;s notice
required by this <U>Section 2.4(ii</U>) shall also be considered timely, but only with respect to nominees for any new positions
created by such increase, if it shall be received by the secretary at the principal executive offices of the Corporation not later
than the close of business on the tenth day following the date on which such Public Announcement is first made by the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(b) To be in proper written form, such
stockholder&rsquo;s notice to the secretary must set forth:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(1) as to each person (a &ldquo;<B>nominee</B>&rdquo;)
whom the stockholder proposes to nominate for election or re-election as a director: (A) the name, age, business address and residence
address of the nominee, (B) the principal occupation or employment of the nominee, (C) the class and number of shares of the Corporation
that are held of record or are beneficially owned by the nominee and any derivative positions held or beneficially held by the
nominee, (D) whether and the extent to which any hedging or other transaction or series of transactions has been entered into by
or on behalf of the nominee with respect to any securities of the Corporation, and a description of any other agreement, arrangement
or understanding (including any short position or any borrowing or lending of shares), the effect or intent of which is to mitigate
loss to, or to manage the risk or benefit of share price changes for, or to increase or decrease the voting power of the nominee,
(E) a description of all arrangements or understandings between or among the stockholder and each nominee and any other person
or persons (naming such person or persons) pursuant to which the nominations are to be made by the stockholder or concerning the
nominee&rsquo;s potential service on the Board of Directors, (F) a written statement executed by the nominee acknowledging that
as a director of the Corporation, the nominee will owe fiduciary duties under Delaware law with respect to the Corporation and
its stockholders, and (G) any other information relating to the nominee that would be required to be disclosed about such nominee
if proxies were being solicited for the election or re-election of the nominee as a director, or that is otherwise required, in
each case pursuant to Regulation 14A under the 1934 Act (including without limitation the nominee&rsquo;s written consent to being
named in the proxy statement, if any, as a nominee and to serving as a director if elected or re-elected, as the case may be);
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.5in">(2) as to such stockholder giving notice,
(A) the information required to be provided pursuant to clauses (2) through (5) of <U>Section 2.4(i)(b)</U>, and the supplement
referenced in the second sentence of <U>Section 2.4(i)(b)</U> (except that the references to &ldquo;business&rdquo; in such clauses
shall instead refer to nominations of directors for purposes of this paragraph), and (B) a statement whether either such stockholder
or Stockholder Associated Person will deliver a proxy statement and form of proxy to holders of at least the percentage of voting
power of the Corporation&rsquo;s voting shares reasonably believed by such stockholder or Stockholder Associated Person to be necessary
to elect or re-elect such nominee(s) (such information provided and statements made as required by clauses (A) and (B) above, a
&ldquo;<B>Nominee Solicitation Statement</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(c) At the request of the Board of Directors,
any person nominated by a stockholder for election or re-election as a director must furnish to the secretary of the Corporation
(1) that information required to be set forth in the stockholder&rsquo;s notice of nomination of such person as a director as of
a date subsequent to the date on which the notice of such person&rsquo;s nomination was given, (2) 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
or audit committee financial expert of the Corporation under applicable law, securities exchange rule or regulation, or any publicly
disclosed corporate governance guideline or committee charter of the Corporation and (3) such other information that could be material
to a reasonable stockholder&rsquo;s understanding of the independence, or lack thereof, of such nominee; in the absence of the
furnishing of any such information of the kind specified in this <U>Section 2.4(ii)(c)</U> if requested, such stockholder&rsquo;s
nomination shall not be considered in proper form pursuant to this <U>Section 2.4(ii)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(d) Without exception, no person shall
be eligible for election or re-election as a director of the Corporation at an annual meeting of stockholders unless nominated
in accordance with the provisions set forth in this <U>Section 2.4(ii)</U>. In addition, a nominee shall not be eligible for election
or re-election if a stockholder or Stockholder Associated Person, as applicable, takes action contrary to the representations made
in the Nominee Solicitation Statement applicable to such nominee or if the Nominee Solicitation Statement applicable to such nominee
contains an untrue statement of a material fact or omits to state a material fact necessary to make the statements therein not
misleading. The chairperson of the annual meeting shall, if the facts warrant, determine and declare at the annual meeting that
a nomination was not made in accordance with the provisions prescribed by these Bylaws, and if the chairperson should so determine,
he or she shall so declare at the annual meeting, and the defective nomination shall be disregarded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) <U>Advance Notice of Director Nominations
for Special Meetings</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(a) If the Board of Directors has authorized
in the specific case that stockholders may fill a vacancy or newly created directorship at a special meeting of stockholders, and
a special meeting has been properly called for such purpose, nominations of persons for election or appointment to the Board of
Directors at such special meeting shall be made only (1) by or at the direction of the Board of Directors or (2) by any stockholder
of the Corporation who (A) is a stockholder of record at the time of the giving of the notice required by this <U>Section 2.4(iii)</U>
and on the record date for the determination of stockholders entitled to vote at the special meeting and (B) delivers a timely
written notice of the nomination to the secretary of the Corporation that includes the information set forth in <U>Sections 2.4(ii)(b)
and (ii)(c)</U>. To be timely, such notice must be received by the secretary at the principal executive offices of the Corporation
not later than the close of business on the later of the 90th day prior to such special meeting or the tenth day following the
day on which Public Announcement is first made of the date of the special meeting and of the nominees proposed by the Board of
Directors to be elected or appointed at such meeting. A person shall not be eligible for election or appointment as a director
at a special meeting unless the person is nominated (i) by or at the direction of the Board of Directors or (ii) by a stockholder
in accordance with the notice procedures set forth in this <U>Section 2.4(iii)</U>. In addition, a nominee shall not be eligible
for election or appointment if a stockholder or Stockholder Associated Person, as applicable, takes action contrary to the representations
made in the Nominee Solicitation Statement applicable to such nominee or if the Nominee Solicitation Statement applicable to such
nominee contains an untrue statement of a material fact or omits to state a material fact necessary to make the statements therein
not misleading. Any person nominated in accordance with this <U>Section 2.4(iii)</U> is subject to, and must comply with, the provisions
of <U>Section 2.4(ii)(c)</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(b) The chairperson of such special meeting
shall, if the facts warrant, determine and declare at the meeting that a nomination or business was not made in accordance with
the procedures prescribed by these Bylaws, and if the chairperson should so determine, he or she shall so declare at the meeting,
and the defective nomination or business shall be disregarded.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iv) <U>Other Requirements and Rights</U>.
In addition to the foregoing provisions of this <U>Section 2.4</U>, a stockholder must also comply with all applicable requirements
of state law and of the 1934 Act with respect to the matters set forth in this <U>Section 2.4</U>. Nothing in this <U>Section 2.4</U>
shall be deemed to affect any rights of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(a)  a stockholder to request inclusion
of proposals in the Corporation&rsquo;s proxy statement pursuant to Rule 14a-8 (or any successor provision) under the 1934 Act;
or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1.25in">(b) the Corporation to omit a proposal
from the Corporation&rsquo;s proxy statement pursuant to Rule 14a-8 (or any successor provision) under the 1934 Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.5 NOTICE OF STOCKHOLDERS&rsquo; MEETINGS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Whenever stockholders are required or permitted
to take any action at a meeting, a written notice of the meeting shall be given which shall state the place, if any, date and hour
of the meeting, the means of remote communications, if any, by which stockholders and proxy holders 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 determining 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. Except as otherwise provided in the DGCL, the Certificate of
Incorporation or these Bylaws, the written notice of any meeting of stockholders shall be given not less than 10 nor more than
60 days before the date of the meeting to each stockholder entitled to vote at such meeting as of the record date for determining
the stockholders entitled to notice of the meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.6 QUORUM</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The holders of a majority of the voting
power of the stock issued, outstanding and entitled to vote, present in person or represented by proxy, shall constitute a quorum
for the transaction of business at all meetings of the stockholders, unless otherwise required by law, the Certificate of Incorporation,
these Bylaws or the rules of any applicable stock exchange. Where a separate vote by a class or series or classes or series is
required, a majority of the voting power of the then-issued and outstanding shares of such class or series or classes or series,
present in person or represented by proxy, shall constitute a quorum entitled to take action with respect to that vote on that
matter, except as otherwise required by law, the Certificate of Incorporation, these Bylaws or the rules of any applicable stock
exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If a quorum is not present or represented
at any meeting of the stockholders, then either (i) the chairperson of the meeting, or (ii) the stockholders entitled to vote at
the meeting, present in person or represented by proxy, shall have power to adjourn the meeting from time to time, without notice
other than announcement at the meeting, until a quorum is present or represented. The chairperson of the meeting shall have the
authority to adjourn a meeting of the stockholders in all other events. At such adjourned meeting at which a quorum is present
or represented, any business may be transacted that might have been transacted at the meeting as originally noticed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.7 ADJOURNED MEETING; NOTICE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">When a meeting is adjourned to another time
or place, unless these Bylaws otherwise require, notice need not be given of the adjourned meeting if the time, place, if any,
thereof, and the means of remote communications, 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 30 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 in accordance with Section 213(a) of the DGCL and <U>Section 2.11</U>of
these Bylaws, 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 fixed for notice of such adjourned meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.8 CONDUCT OF BUSINESS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The chairperson of any meeting of stockholders
shall determine the order of business and the procedure at the meeting, including such regulation of the manner of voting and the
conduct of business. The chairperson of any meeting of stockholders shall be designated by the Board of Directors; in the absence
of such designation, the chairperson of the Board of Directors, if any, the chief executive officer (in the absence of the chairperson)
or the president (in the absence of the chairperson of the Board of Directors and the chief executive officer), or in their absence
any other executive officer of the Corporation, shall serve as chairperson of the stockholder meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.9 VOTING</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The stockholders entitled to vote at any
meeting of stockholders shall be determined in accordance with the provisions of <U>Section 2.11</U> of these Bylaws, subject to
Section 217 (relating to voting rights of fiduciaries, pledgors and joint owners of stock) and Section 218 (relating to voting
trusts and other voting agreements) of the DGCL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as may be otherwise provided in the
Certificate of Incorporation, each stockholder shall be entitled to one vote for each share of capital stock held by such stockholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as otherwise provided by law, the
Certificate of Incorporation, these Bylaws or the rules of any applicable stock exchange, in all matters other than the election
of directors, the affirmative vote of a majority of the voting power of the shares present in person or represented by proxy at
the meeting and entitled to vote on the subject matter shall be the act of the stockholders. Except as otherwise required by law,
the Certificate of Incorporation, these Bylaws or the rules of any applicable stock exchange, directors shall be elected by a plurality
of the voting power of the shares present in person or represented by proxy at the meeting and entitled to vote on the election
of directors. Where a separate vote by a class or series or classes or series is required, in all matters other than the election
of directors, the affirmative vote of the majority of the voting power of shares of such class or series or classes or series present
in person or represented by proxy at the meeting shall be the act of such class or series or classes or series, except as otherwise
provided by law, the Certificate of Incorporation, these Bylaws or the rules of any applicable stock exchange.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.10 STOCKHOLDER ACTION BY WRITTEN CONSENT
WITHOUT A MEETING</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless otherwise provided in the Certificate
of Incorporation, any action required by statute to be taken at any annual or special of the stockholders, or any action which
may be taken at an annual or special meeting of stockholders, may be taken without a meeting, without prior notice and without
a vote, if a consent or consents in writing, setting forth the action so taken, shall be (i) signed by the holders of record on
the record date (established in the manner set forth in <U>Section 2.11</U> below and <U>Article VIII</U> of the Corporation&rsquo;s
Certificate of Incorporation) of outstanding shares of the Corporation 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;
<I>provided</I>, <I>however</I>, that in the case of the election or removal of directors by written consent, such consent shall
be effective only if signed by the holders of all outstanding shares entitled to vote for the election of directors, and (ii) delivered
to the Corporation in accordance with Section 228 of the DGCL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.11 RECORD DATES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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 not be more than 60 nor less than 10 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If no record date is fixed by the Board
of Directors, the record date for determining stockholders entitled to notice of and 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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; <I>provided</I>, <I>however</I>,
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 with the provisions of Section 213
of the DGCL and this <U>Section 2.11</U> at the adjourned meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In order that the Corporation may determine
the stockholders entitled to receive payment of any dividend or other distribution or allotment of any rights or the stockholders
entitled to exercise any rights in respect of any change, conversion or exchange of stock, or for the purpose of any other lawful
action, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing
the record date is adopted, and which record date shall be not more than 60 days prior to such action. If no record date is fixed,
the record date for determining stockholders for any such purpose shall be at the close of business on the day on which the Board
of Directors adopts the resolution relating thereto.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.12 PROXIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each stockholder entitled to vote at a meeting
of stockholders may authorize another person or persons to act for such stockholder by proxy authorized by an instrument in writing
or by a transmission permitted by law filed in accordance with the procedure established for the meeting, but no such proxy shall
be voted or acted upon after three years from its date, unless the proxy provides for a longer period. The revocability of a proxy
that states on its face that it is irrevocable shall be governed by the provisions of Section 212 of the DGCL. A written proxy
may be in the form of a telegram, cablegram, or other means of electronic transmission which sets forth or is submitted with information
from which it can be determined that the telegram, cablegram, or other means of electronic transmission was authorized by the stockholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.13 LIST OF STOCKHOLDERS ENTITLED TO VOTE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The officer who has charge of the stock
ledger of the Corporation shall prepare and make, at least 10 days before every meeting of stockholders, a complete list of the
stockholders entitled to vote at the meeting; <I>provided</I>, <I>however</I>, if the record date for determining the stockholders
entitled to vote is less than 10 days before the meeting date, the list shall reflect the stockholders entitled to vote as of the
tenth day before the meeting date. The stockholder list shall be arranged in alphabetical order and show the address of each stockholder
and the number of shares registered in the name of each stockholder. The Corporation shall not be required to include electronic
mail addresses or other electronic contact information on such list. Such list shall be open to the examination of any stockholder
for any purpose germane to the meeting for a period of at least 10 days prior to the meeting (i) on a reasonably accessible electronic
network, provided that the information required to gain access to such list is provided with the notice of the meeting, or (ii)
during ordinary business hours, at the Corporation&rsquo;s principal place of business. 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. If the meeting is to be held at a place (as opposed to solely by means of
remote communication), then a list 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
a 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. The stock
ledger of the Corporation shall be the only evidence as to the identity of the stockholders entitled to examine the stock list
and vote at the meeting and the number of shares held by each of them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">2.14 INSPECTORS OF ELECTION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Before any meeting of stockholders, the
Board of Directors shall appoint an inspector or inspectors of election to act at the meeting or its adjournment. The number of
inspectors shall be either one or three. If any person appointed as inspector fails to appear or fails or refuses to act, then
the chairperson of the meeting shall appoint a person to fill that vacancy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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 and designated shall (i) ascertain the
number of shares of capital stock of the Corporation outstanding and the voting power of each share, (ii) determine the shares
of capital stock of the Corporation represented at the meeting and the validity of proxies and ballots, (iii) count all votes and
ballots, (iv) determine and retain for a reasonable period a record of the disposition of any challenges made to any determination
by the inspectors, and (v) certify their determination of the number of shares of capital stock of the Corporation represented
at the meeting and such inspector or inspectors&rsquo; count of all votes and ballots.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In determining the validity and counting
of proxies and ballots cast at any meeting of stockholders of the Corporation, the inspector or inspectors may consider such information
as is permitted by applicable law. If there are three inspectors of election, the decision, act or certificate of a majority is
effective in all respects as the decision, act or certificate of all.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
III &mdash; DIRECTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.1 POWERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The business and affairs of the Corporation
shall be managed by or under the direction of the Board of Directors, except as may be otherwise provided in the DGCL or the Certificate
of Incorporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.2 NUMBER OF DIRECTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors shall consist of
one or more members, each of whom shall be a natural person. Unless the Certificate of Incorporation fixes the number of directors,
the number of directors shall be determined from time to time solely by resolution of the Whole Board. No reduction of the authorized
number of directors shall have the effect of removing any director before that director&rsquo;s term of office expires.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.3 ELECTION, QUALIFICATION AND TERM OF
OFFICE OF DIRECTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as provided in <U>Section 3.4</U>
of these Bylaws, each director, including a director elected to fill a vacancy, shall hold office until the expiration of the term
for which elected and until such director&rsquo;s successor is elected and qualified or until such director&rsquo;s earlier death,
resignation or removal. Directors need not be stockholders unless so required by the Certificate of Incorporation or these Bylaws.
The Certificate of Incorporation or these Bylaws may prescribe other qualifications for directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notwithstanding anything in these Bylaws
to the contrary, any nominee for director in an uncontested election who receives a greater number of votes &ldquo;withheld&rdquo;
from his or her election than votes &ldquo;for&rdquo; his or her election must tender his or her resignation to the Board of Directors
for consideration by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.4 RESIGNATION AND VACANCIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any director may resign at any time upon
notice given in writing or by electronic transmission to the Corporation; <I>provided</I>, <I>however</I>, that if such notice
is given by electronic transmission, such electronic transmission must either set forth or be submitted with information from which
it can be determined that the electronic transmission was authorized by the director. A resignation is effective when the resignation
is delivered unless the resignation specifies a later effective date or an effective date determined upon the happening of an event
or events. Unless otherwise specified in the notice of resignation, acceptance of such resignation shall not be necessary to make
it effective. A resignation which is conditioned upon the director failing to receive a specified vote for reelection as a director
may provide that it is irrevocable. Unless otherwise provided in the Certificate of Incorporation or these Bylaws, when one or
more directors resign from the Board of Directors, effective at a future date, a majority of the directors then in office, including
those who have so resigned, shall have power to fill such vacancy or vacancies, the vote thereon to take effect when such resignation
or resignations shall become effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless otherwise provided in the Certificate
of Incorporation or these Bylaws or if authorized by resolution of the Board of Directors, vacancies and newly created directorships
resulting from any increase in the authorized number of directors elected by all of the stockholders having the right to vote as
a single class shall be filled only by a majority of the directors then in office, although less than a quorum, or by a sole remaining
director, and not by the stockholders. If the directors are divided into classes, a person so elected by the directors then in
office to fill a vacancy or newly created directorship shall hold office until the next election of the class for which such director
shall have been chosen and until his or her successor shall have been duly elected and qualified.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If, at the time of filling any vacancy or
any newly created directorship, the directors then in office constitute less than a majority of the whole Board of Directors (as
constituted immediately prior to any such increase), the Court of Chancery may, upon application of any stockholder or stockholders
holding at least 10% of the voting power of the capital stock of the Corporation at the time outstanding having the right to vote
for such directors, summarily order an election to be held to fill any such vacancies or newly created directorships, or to replace
the directors chosen by the directors then in office as aforesaid, which election shall be governed by the provisions of Section
211 of the DGCL as far as applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.5 PLACE OF MEETINGS; MEETINGS BY TELEPHONE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors may hold meetings,
both regular and special, either within or outside the State of Delaware.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless otherwise restricted by the Certificate
of Incorporation or these Bylaws, members of the Board of Directors may participate in a meeting of the Board of Directors by means
of conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each
other, and such participation in a meeting shall constitute presence in person at the meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.6 REGULAR MEETINGS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Regular meetings of the Board of Directors
may be held without notice at such time and at such place as shall from time to time be determined by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.7 SPECIAL MEETINGS; NOTICE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Special meetings of the Board of Directors
for any purpose or purposes may be called at any time by the chairperson of the Board of Directors, the chief executive officer,
the president, the secretary or a majority of the authorized number of directors, at such times and places as he or she or they
shall designate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notice of the time and place of special
meetings shall be:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) delivered personally by hand, by courier
or by telephone;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) sent by United States first-class mail,
postage prepaid;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) sent by facsimile; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iv) sent by electronic mail,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">directed to each director at that director&rsquo;s address,
telephone number, facsimile number or electronic mail address, as the case may be, as shown on the Corporation&rsquo;s records.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the notice is (i) delivered personally
by hand, by courier or by telephone, (ii) sent by facsimile or (iii) sent by electronic mail, it shall be delivered or sent at
least 24 hours before the time of the holding of the meeting. If the notice is sent by United States mail, it shall be deposited
in the United States mail at least four days before the time of the holding of the meeting. Any oral notice may be communicated
to the director. The notice need not specify the place of the meeting (if the meeting is to be held at the Corporation&rsquo;s
principal executive office) nor the purpose of the meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.8 QUORUM; VOTING</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">At all meetings of the Board of Directors,
a majority of the total authorized number of directors shall constitute a quorum for the transaction of business. If a quorum is
not present at any meeting of the Board of Directors, then the directors present thereat may adjourn the meeting from time to time,
without notice other than announcement at the meeting, until a quorum is present.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The affirmative vote of a majority of the
directors present at any meeting at which a quorum is present shall be the act of the Board of Directors, except as may be otherwise
specifically provided by statute, the Certificate of Incorporation or these Bylaws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the Certificate of Incorporation provides
that one or more directors shall have more or less than one vote per director on any matter, every reference in these Bylaws to
a majority or other proportion of the directors shall refer to a majority or other proportion of the votes of the directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.9 BOARD ACTION BY WRITTEN CONSENT WITHOUT
A MEETING</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless otherwise restricted by the Certificate
of Incorporation, these Bylaws or statute, any action required or permitted to be taken at any meeting of the Board of Directors,
or of any committee thereof, may be taken without a meeting if all members of the Board of Directors or committee, 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. Such filing shall be in paper form if the minutes
are maintained in paper form and shall be in electronic form if the minutes are maintained in electronic form. Any person (whether
or not then a director) may provide, whether through instruction to an agent or otherwise, that a consent to action will be effective
at a future time (including a time determined upon the happening of an event), no later than 60 days after such instruction is
given or such provision is made and such consent shall be deemed to have been given for purposes of this <U>Section 3.9</U> at
such effective time so long as such person is then a director and did not revoke the consent prior to such time. Any such consent
shall be revocable prior to its becoming effective.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.10 FEES AND COMPENSATION OF DIRECTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless otherwise restricted by the Certificate
of Incorporation, these Bylaws or statute, the Board of Directors shall have the authority to fix the compensation of directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">3.11 REMOVAL OF DIRECTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A director may be removed from office by
the stockholders of the Corporation with or without cause.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">No reduction of the authorized number of
directors shall have the effect of removing any director prior to the expiration of such director&rsquo;s term of office.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
IV &mdash; COMMITTEES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.1 COMMITTEES OF DIRECTORS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors may designate one
or more committees, each committee to consist of one or more of the directors of the Corporation. The Board of Directors may designate
one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of
the committee. In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting
and not disqualified from voting, whether or not such member or members constitute a quorum, may unanimously appoint another member
of the Board of Directors to act at the meeting in the place of any such absent or disqualified member. Any such committee, to
the extent provided in the resolution of the Board of Directors 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 that may require it; but no such committee shall have the power or authority
to (i) approve or adopt, or recommend to the stockholders, any action or matter (other than the election or removal of directors)
expressly required by the DGCL to be submitted to stockholders for approval, or (ii) adopt, amend or repeal any bylaw of the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.2 COMMITTEE MINUTES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Each committee shall keep regular minutes
of its meetings and report the same to the Board of Directors when required.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.3 MEETINGS AND ACTION OF COMMITTEES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Meetings and actions of committees shall
be governed by, and held and taken in accordance with, the provisions of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) <U>Section 3.5</U> (place of meetings
and meetings by telephone);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) <U>Section 3.6</U> (regular meetings);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) <U>Section 3.7</U> (special meetings;
notice);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iv) <U>Section 3</U>.8 (quorum; voting);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(v) <U>Section 3.9</U> (action without a meeting);
and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(vi) <U>Section 7.5</U> (waiver of notice)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">with such changes in the context of those Bylaws as are necessary
to substitute the committee and its members for the Board of Directors and its members. However:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) the time of regular meetings of committees
may be determined by resolution of the committee;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) special meetings of committees may also
be called by resolution of the committee; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) notice of special meetings of committees
shall also be given to all alternate members, who shall have the right to attend all meetings of the committee. The Board of Directors
or a committee may adopt rules for the government of any committee not inconsistent with the provisions of these Bylaws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any provision in the Certificate of Incorporation
providing that one or more directors shall have more or less than one vote per director on any matter shall apply to voting in
any committee or subcommittee, unless otherwise provided in the Certificate of Incorporation or these Bylaws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">4.4 SUBCOMMITTEES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless otherwise provided in the Certificate
of Incorporation, these Bylaws or the resolutions of the Board of Directors designating the committee, a committee may create one
or more subcommittees, each subcommittee to consist of one or more members of the committee, and delegate to a subcommittee any
or all of the powers and authority of the committee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
V &mdash; OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.1 OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The officers of the Corporation shall be
a president and a secretary. The Corporation may also have, at the discretion of the Board of Directors, a chairperson of the Board
of Directors, a vice chairperson of the Board of Directors, a chief executive officer, a chief financial officer or treasurer,
one or more vice presidents, one or more assistant vice presidents, one or more assistant treasurers, one or more assistant secretaries,
and any such other officers as may be appointed in accordance with the provisions of these Bylaws. Any number of offices may be
held by the same person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.2 APPOINTMENT OF OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors shall appoint the
officers of the Corporation, except such officers as may be appointed in accordance with the provisions of <U>Section 5.3</U> of
these Bylaws, subject to the rights, if any, of an officer under any contract of employment. A vacancy in any office because of
death, resignation, removal, disqualification or any other cause shall be filled in the manner prescribed in this Article V for
the regular election to such office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.3 SUBORDINATE OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors may appoint, or empower
the chief executive officer or, in the absence of a chief executive officer, the president, to appoint, such other officers and
agents as the business of the Corporation may require. Each of such officers and agents shall hold office for such period, have
such authority, and perform such duties as are provided in these Bylaws or as the Board of Directors may from time to time determine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.4 REMOVAL AND RESIGNATION OF OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the rights, if any, of an officer
under any contract of employment, any officer may be removed, either with or without cause, by the Board of Directors or by any
officer upon whom such power of removal may be conferred by the Board of Directors, except that, unless specifically approved by
the Board of Directors, officers may not remove other officers chosen by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any officer may resign at any time by giving
written or electronic notice to the Corporation; <I>provided</I>, <I>however</I>, that if such notice is given by electronic transmission,
such electronic transmission must either set forth or be submitted with information from which it can be determined that the electronic
transmission was authorized by the officer. Any resignation shall take effect at the date of the receipt of that notice or at any
later time specified in that notice. Unless otherwise specified in the notice of resignation, the acceptance of the resignation
shall not be necessary to make it effective. Any resignation is without prejudice to the rights, if any, of the Corporation under
any contract to which the officer is a party.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.5 VACANCIES IN OFFICES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any vacancy occurring in any office of the
Corporation shall be filled by the Board of Directors or as provided in <U>Section 5.3</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.6 REPRESENTATION OF SHARES OR INTERESTS
OF OTHER CORPORATIONS OR ENTITIES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The chairperson of the Board of Directors,
the president, any vice president, the treasurer, the secretary or any assistant secretary of this Corporation, or any other person
authorized by the Board of Directors or the president or a vice president, is authorized to vote, represent, and exercise on behalf
of this Corporation all rights incident to any and all shares or equity interests of any other corporation or corporations or entity
or entities standing in the name of this Corporation, including the right to act by written consent. The authority granted herein
may be exercised either by such person directly or by any other person authorized to do so by proxy or power of attorney duly executed
by such person having the authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">5.7 AUTHORITY AND DUTIES OF OFFICERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">All officers of the Corporation shall respectively
have such authority and perform such duties in the management of the business of the Corporation as may be designated from time
to time by the Board of Directors and, to the extent not so provided, as generally pertain to their respective offices, subject
to the control of the Board of Directors.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VI &mdash; STOCK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.1 STOCK CERTIFICATES; PARTLY PAID SHARES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">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 its 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 chairperson of the Board of Directors or vice-chairperson
of the Board of Directors, 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 representing the number of shares registered in certificate form. Any or all of 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 has 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. The Corporation shall not have power to issue a certificate in bearer form.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation may issue the whole or any
part of its shares as partly paid and subject to call for the remainder of the consideration to be paid therefor. Upon the face
or back of each stock certificate issued to represent any such partly-paid shares, or upon the books and records of the Corporation
in the case of uncertificated partly-paid shares, the total amount of the consideration to be paid therefor and the amount paid
thereon shall be stated. Upon the declaration of any dividend on fully-paid shares, the Corporation shall declare a dividend upon
partly-paid shares of the same class, but only upon the basis of the percentage of the consideration actually paid thereon.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.2 SPECIAL DESIGNATION ON CERTIFICATES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If the Corporation is authorized to issue
more than one class of stock or more than one series of any class, then the powers, the designations, the preferences, and the
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 shall be set forth in full or summarized on the face or back of the certificate
that the Corporation shall issue to represent such class or series of stock; <I>provided</I>, <I>however</I>, that, except as otherwise
provided in Section 202 of the DGCL, in lieu of the foregoing requirements there may be set forth on the face or back of the certificate
that the Corporation shall issue to represent such class or series of stock, 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. Within a reasonable time after the issuance or transfer of uncertificated stock, the Corporation shall send to the
registered owner thereof a written notice containing the information required to be set forth or stated on certificates pursuant
to this <U>Section 6.2</U> or Sections 151, 156, 202(a) or 218(a) of the DGCL or with respect to this <U>Section 6.2</U> 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. Except as otherwise expressly provided by law, the rights and obligations of
the holders of uncertificated stock and the rights and obligations of the holders of certificates representing stock of the same
class and series shall be identical.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.3 LOST, STOLEN OR DESTROYED CERTIFICATES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as provided in this <U>Section 6.3</U>,
no new certificates for shares shall be issued to replace a previously issued certificate unless the latter is surrendered to the
Corporation and cancelled at the same time. The Corporation may issue a new certificate of stock or uncertificated shares 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&rsquo;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 or uncertificated shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.4 DIVIDENDS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors, subject to any restrictions
contained in the Certificate of Incorporation or applicable law, may declare and pay dividends upon the shares of the Corporation&rsquo;s
capital stock. Dividends may be paid in cash, in property, or in shares of the Corporation&rsquo;s capital stock, subject to the
provisions of the Certificate of Incorporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Board of Directors may set apart out
of any of the funds of the Corporation available for dividends a reserve or reserves for any proper purpose and may abolish any
such reserve.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.5 TRANSFER OF STOCK</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Transfers of record of shares of stock of
the Corporation shall be made only upon its books by the holders thereof, in person or by an attorney duly authorized, and, if
such stock is certificated, upon the surrender of a certificate or certificates for a like number of shares, properly endorsed
or accompanied by proper evidence of succession, assignation or authority to transfer; <I>provided</I>, <I>however</I>, that such
succession, assignment or authority to transfer is not prohibited by the Certificate of Incorporation, these Bylaws, applicable
law or contract.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.6 STOCK TRANSFER AGREEMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation shall have power to enter
into and perform any agreement with any number of stockholders of any one or more classes of stock of the Corporation to restrict
the transfer of shares of stock of the Corporation of any one or more classes owned by such stockholders in any manner not prohibited
by the DGCL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">6.7 REGISTERED STOCKHOLDERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) 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;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) shall be entitled (to the fullest extent
permitted by law) to hold liable for calls and assessments the person registered on its books as the owner of shares; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) 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 provided by the laws of Delaware.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VII &mdash; MANNER OF GIVING NOTICE AND WAIVER</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">7.1 NOTICE OF STOCKHOLDERS&rsquo; MEETINGS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Notice of any meeting of stockholders, if
mailed, is given when deposited in the United States mail, postage prepaid, directed to the stockholder at such stockholder&rsquo;s
address as it appears on the Corporation&rsquo;s records. An affidavit of the secretary or an assistant secretary of the Corporation
or of the transfer agent or other 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.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">7.2 NOTICE BY ELECTRONIC TRANSMISSION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Without limiting the manner by which notice
otherwise may be given effectively to stockholders pursuant to the DGCL, the Certificate of Incorporation or these Bylaws, any
notice to stockholders given by the Corporation under any provision of the DGCL, the Certificate of Incorporation or these Bylaws
shall be effective if given by a form of electronic transmission consented to by the stockholder to whom the notice is given. Any
such consent shall be revocable by the stockholder by written notice to the Corporation. Any such consent shall be deemed revoked
if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) the Corporation is unable to deliver by
electronic transmission two consecutive notices given by the Corporation in accordance with such consent; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) such inability becomes known to the secretary
or an assistant secretary of the Corporation or to the transfer agent, or other person responsible for the giving of notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">However, the inadvertent failure to treat such inability as
a revocation shall not invalidate any meeting or other action.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any notice given pursuant to the preceding
paragraph shall be deemed given:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) if by facsimile telecommunication, when
directed to a number at which the stockholder has consented to receive notice;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) if by electronic mail, when directed
to an electronic mail address at which the stockholder has consented to receive notice;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) if by a posting on an electronic network
together with separate notice to the stockholder of such specific posting, upon the later of (A) such posting and (B) the giving
of such separate notice; and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iv) if by any other form of electronic transmission,
when directed to the stockholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">An affidavit of the secretary or an assistant
secretary or of the transfer agent or other agent of the Corporation that the notice has been given by a form of electronic transmission
shall, in the absence of fraud, be prima facie evidence of the facts stated therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">An &ldquo;<B>electronic transmission</B>&rdquo;
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>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">7.3 NOTICE TO STOCKHOLDERS SHARING AN ADDRESS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as otherwise prohibited under the
DGCL, without limiting the manner by which notice otherwise may be given effectively to stockholders, any notice to stockholders
given by the Corporation under the provisions of the DGCL, the Certificate of Incorporation or these Bylaws shall be effective
if given by a single written notice to stockholders who share an address if consented to by the stockholders at that address to
whom such notice is given. Any such consent shall be revocable by the stockholder by written notice to the Corporation. Any stockholder
who fails to object in writing to the Corporation, within 60 days of having been given written notice by the Corporation of its
intention to send the single notice, shall be deemed to have consented to receiving such single written notice.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">7.4 NOTICE TO PERSON WITH WHOM COMMUNICATION
IS UNLAWFUL</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Whenever notice is required to be given,
under the DGCL, the Certificate of Incorporation or these Bylaws, to any person with whom communication is unlawful, the giving
of such notice to such person shall not be required and there shall be no duty to apply to any governmental authority or agency
for a license or permit to give such notice to such person. Any action or meeting which shall be taken or held without notice to
any such person with whom communication is unlawful shall have the same force and effect as if such notice had been duly given.
In the event that the action taken by the Corporation is such as to require the filing of a certificate under the DGCL, the certificate
shall state, if such is the fact and if notice is required, that notice was given to all persons entitled to receive notice except
such persons with whom communication is unlawful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">7.5 WAIVER OF NOTICE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Whenever notice is required to be given
to stockholders, directors or other persons under any provision of the DGCL, the Certificate of Incorporation or these Bylaws,
a written waiver, signed by the person entitled to notice, or a waiver by electronic transmission by the person entitled to notice,
whether before or after the time of the event for which notice is to be given, 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
or the Board of Directors, as the case may be, need be specified in any written waiver of notice or any waiver by electronic transmission
unless so required by the Certificate of Incorporation or these Bylaws.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
VIII &mdash; INDEMNIFICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.1 INDEMNIFICATION OF DIRECTORS AND OFFICERS
IN THIRD PARTY PROCEEDINGS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the other provisions of this
<U>Article VIII</U>, the Corporation shall indemnify, to the fullest extent permitted by the DGCL, as now or hereinafter in effect,
any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding,
whether civil, criminal, administrative or investigative (a &ldquo;<B>Proceeding</B>&rdquo;) (other than an action by or in the
right of the Corporation) by reason of the fact that such person is or was a director of the Corporation or an officer of the Corporation,
or while a director of the Corporation 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, partnership, joint venture, trust or other enterprise, against expenses (including
attorneys&rsquo; fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection
with such Proceeding if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed
to the best interests of the Corporation, and, with respect to any criminal action or proceeding, had no reasonable cause to believe
such person&rsquo;s conduct was unlawful. The termination of any Proceeding by judgment, order, settlement, conviction, or upon
a plea of nolo contendere or its equivalent, shall not, of itself, create a presumption that the person did not act in good faith
and in a manner which such person reasonably believed to be in or not opposed to the best interests of the Corporation, and, with
respect to any criminal action or proceeding, had reasonable cause to believe that such person&rsquo;s conduct was unlawful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.2 INDEMNIFICATION OF DIRECTORS AND OFFICERS
IN ACTIONS BY OR IN THE RIGHT OF THE CORPORATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the other provisions of this
<U>Article VIII</U>, the Corporation shall indemnify, to the fullest extent permitted by the DGCL, as now or hereinafter in effect,
any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action or suit by
or in the right of the Corporation to procure a judgment in its favor by reason of the fact that such person 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, partnership, joint venture, trust or other enterprise against
expenses (including attorneys&rsquo; fees) actually and reasonably incurred by such person in connection with the defense or settlement
of such action or suit if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed
to the best interests of the Corporation; except that no indemnification shall be made in respect of any claim, issue or matter
as to which such person shall have been adjudged to be liable to the Corporation unless and only to the extent that the Court of
Chancery or the court in which such action or suit was brought shall determine upon application that, despite the adjudication
of liability but in view of all the circumstances of the case, such person is fairly and reasonably entitled to indemnity for such
expenses which the Court of Chancery or such other court shall deem proper.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.3 SUCCESSFUL DEFENSE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">To the extent that a present or former director
or officer of the Corporation has been successful on the merits or otherwise in defense of any action, suit or proceeding described
in <U>Section 8.1 or Section 8.2</U>, or in defense of any claim, issue or matter therein, such person shall be indemnified against
expenses (including attorneys&rsquo; fees) actually and reasonably incurred by such person in connection therewith.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.4 INDEMNIFICATION OF OTHERS; ADVANCE PAYMENT
TO OTHERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the other provisions of this
<U>Article VIII</U>, the Corporation shall have power to advance expenses to and indemnify its employees and its agents to the
extent not prohibited by the DGCL or other applicable law. The Board of Directors shall have the power to delegate the determination
of whether employees or agents shall be indemnified or receive an advancement of expenses to such person or persons as the Board
of Directors determines.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.5 ADVANCE PAYMENT OF EXPENSES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Expenses (including attorneys&rsquo; fees)
incurred by an officer or director of the Corporation in defending any Proceeding shall be paid by the Corporation in advance of
the final disposition of such Proceeding upon receipt of a written request therefor (together with documentation reasonably evidencing
such expenses) and an undertaking by or on behalf of the person to repay such amounts if it shall ultimately be determined that
the person is not entitled to be indemnified under this <U>Article VIII</U> or the DGCL. Such expenses (including attorneys&rsquo;
fees) incurred by former directors and officers or other employees and agents may be so paid upon such terms and conditions, if
any, as the Corporation deems reasonably appropriate and shall be subject to the Corporation&rsquo;s expense guidelines. The right
to advancement of expenses shall not apply to any claim for which indemnity is excluded pursuant to these Bylaws, but shall apply
to any Proceeding referenced in <U>Section 8.6(ii) or 8.6(iii)</U> of these Bylaws prior to a determination that the person is
not entitled to be indemnified by the Corporation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.6 LIMITATION ON INDEMNIFICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Subject to the requirements in <U>Section
8.3</U> and the DGCL, the Corporation shall not be obligated to indemnify any person pursuant to this <U>Article VIII</U> in connection
with any Proceeding (or any part of any Proceeding):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(i) for which payment has actually been made
to or on behalf of such person under any statute, insurance policy, indemnity provision, vote or otherwise, except with respect
to any excess beyond the amount paid;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(ii) for an accounting or disgorgement of
profits pursuant to Section 16(b) of the 1934 Act, or similar provisions of federal, state or local statutory law or common law,
if such person is held liable therefor (including pursuant to any settlement arrangements);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iii) for any reimbursement of the Corporation
by such person of any bonus or other incentive-based or equity-based compensation or of any profits realized by such person from
the sale of securities of the Corporation, as required in each case under the 1934 Act (including any such reimbursements that
arise from an accounting restatement of the Corporation pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (the &ldquo;<B>Sarbanes-Oxley
Act</B>&rdquo;), or the payment to the Corporation of profits arising from the purchase and sale by such person of securities in
violation of Section 306 of the Sarbanes-Oxley Act), if such person is held liable therefor (including pursuant to any settlement
arrangements);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(iv) initiated by such person against the
Corporation or its directors, officers, employees, agents or other indemnitees, unless (a) the Board of Directors authorized the
Proceeding (or the relevant part of the Proceeding) prior to its initiation, (b) the Corporation provides the indemnification,
in its sole discretion, pursuant to the powers vested in the Corporation under applicable law, (c) otherwise required to be made
under <U>Section 8.7</U> of these Bylaws or (d) otherwise required by applicable law; or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">(v) if prohibited by applicable law; <I>provided</I>,
<I>however</I>, that if any provision or provisions of this <U>Article VIII</U> shall be held to be invalid, illegal or unenforceable
for any reason whatsoever: (1) the validity, legality and enforceability of the remaining provisions of this <U>Article VIII</U>
(including, without limitation, each portion of any paragraph or clause containing any such provision held to be invalid, illegal
or unenforceable, that is not itself held to be invalid, illegal or unenforceable) shall not in any way be affected or impaired
thereby; and (2) to the fullest extent possible, the provisions of this <U>Article VIII</U> (including, without limitation, each
such portion of any paragraph or clause containing any such provision held to be invalid, illegal or unenforceable) shall be construed
so as to give effect to the intent manifested by the provision held invalid, illegal or unenforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.7 DETERMINATION; CLAIM</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">If a claim for indemnification or advancement
of expenses under this <U>Article VIII</U> is not paid in full within 90 days after receipt by the Corporation of the written request
therefor, the claimant shall be entitled to an adjudication by a court of competent jurisdiction of his or her entitlement to such
indemnification or advancement of expenses. The Corporation shall indemnify such person against any and all expenses that are incurred
by such person in connection with any action for indemnification or advancement of expenses from the Corporation under this <U>Article
VIII</U>, to the extent such person is successful in such action, and to the extent not prohibited by law. In any such suit, the
Corporation shall, to the fullest extent not prohibited by law, have the burden of proving that the claimant is not entitled to
the requested indemnification or advancement of expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.8 NON-EXCLUSIVITY OF RIGHTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The indemnification and advancement of expenses
provided by, or granted pursuant to, this <U>Article VIII</U> shall not be deemed exclusive of any other rights to which those
seeking indemnification or advancement of expenses may be entitled under the Certificate of Incorporation or any statute, bylaw,
agreement, vote of stockholders or disinterested directors or otherwise, both as to action in such person&rsquo;s official capacity
and as to action in another capacity while holding such office. The Corporation is specifically authorized to enter into individual
contracts with any or all of its directors, officers, employees or agents respecting indemnification and advancement of expenses,
to the fullest extent not prohibited by the DGCL or other applicable law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.9 INSURANCE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation may purchase and maintain
insurance on behalf of any person who is or was a director, officer, employee or agent of the Corporation, or is or was serving
at the request of the Corporation as a director, officer, employee or agent of another Corporation, partnership, joint venture,
trust or other enterprise against any liability asserted against such person and incurred by such person in any such capacity,
or arising out of such person&rsquo;s status as such, whether or not the Corporation would have the power to indemnify such person
against such liability under the provisions of the DGCL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.10 SURVIVAL</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The rights to indemnification and advancement
of expenses conferred by this <U>Article VIII</U> shall continue as to a person who has ceased to be a director, officer, employee
or agent and shall inure to the benefit of the heirs, executors and administrators of such a person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.11 EFFECT OF REPEAL OR MODIFICATION</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Any amendment, alteration or repeal of this
<U>Article VIII</U> shall not adversely affect any right or protection hereunder of any person in respect of any act or omission
occurring prior to such amendment, alteration or repeal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">8.12 CERTAIN DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">For purposes of this <U>Article VIII</U>,
references to the &ldquo;<B>Corporation</B>&rdquo; shall include, in addition to the resulting corporation, any constituent corporation
(including any constituent of a constituent) absorbed in a consolidation or merger which, if its separate existence had continued,
would have had power and authority to indemnify its directors, officers, employees or agents, so that any person who is or was
a director, officer, employee or agent of such constituent corporation, or is or was serving at the request of such constituent
corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise,
shall stand in the same position under the provisions of this <U>Article VIII</U> with respect to the resulting or surviving corporation
as such person would have with respect to such constituent corporation if its separate existence had continued. For purposes of
this <U>Article VIII</U>, references to &ldquo;<B>other enterprises</B>&rdquo; shall include employee benefit plans; references
to &ldquo;<B>fines</B>&rdquo; shall include any excise taxes assessed on a person with respect to an employee benefit plan (excluding
any &ldquo;parachute payments&rdquo; within the meanings of Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended);
and references to &ldquo;<B>serving at the request of the Corporation</B>&rdquo; shall include any service as a director, officer,
employee or agent of the Corporation which imposes duties on, or involves services by, such director, officer, employee or agent
with respect to an employee benefit plan, its participants or beneficiaries; and a person who acted in good faith and in a manner
such person reasonably believed to be in the interest of the participants and beneficiaries of an employee benefit plan shall be
deemed to have acted in a manner &ldquo;<B>not opposed to the best interests of the Corporation</B>&rdquo; as referred to in this
<U>Article VIII</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
IX &mdash; GENERAL MATTERS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">9.1 EXECUTION OF CORPORATE CONTRACTS AND
INSTRUMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Except as otherwise provided by law, the
Certificate of Incorporation or these Bylaws, the Board of Directors may authorize any officer or officers, or agent or agents,
to enter into any contract or execute any document or instrument in the name of and on behalf of the Corporation; such authority
may be general or confined to specific instances. Unless so authorized or ratified by the Board of Directors or within the agency
power of an officer, no officer, agent or employee shall have any power or authority to bind the Corporation by any contract or
engagement or to pledge its credit or to render it liable for any purpose or for any amount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">9.2 FISCAL YEAR</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The fiscal year of the Corporation shall
be fixed by resolution of the Board of Directors and may be changed by the Board of Directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">9.3 SEAL</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The Corporation may adopt a corporate seal,
which shall be adopted and which may be altered by the Board of Directors. The Corporation may use the corporate seal by causing
it or a facsimile thereof to be impressed or affixed or in any other manner reproduced.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">9.4 CONSTRUCTION; DEFINITIONS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Unless the context requires otherwise, the
general provisions, rules of construction, and definitions in the DGCL shall govern the construction of these Bylaws. Without limiting
the generality of this provision, the singular number includes the plural, the plural number includes the singular, and the term
&ldquo;<B>person</B>&rdquo; includes both an entity and a natural person.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-transform: uppercase; text-align: center; text-indent: 0in">ARTICLE
X &mdash; AMENDMENTS</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">These Bylaws
may be adopted, amended or repealed by the stockholders entitled to vote; <I>provided</I>, <I>however</I>, that the affirmative
vote of the holders of at least a majority of the total voting power of all outstanding shares of capital stock of the Corporation
entitled to vote thereon, voting together as a single class, shall be required for the stockholders of the Corporation to alter,
amend or repeal, or adopt any bylaw inconsistent with, the following provisions of these Bylaws: <U>Article II, Sections 3.1, 3.2,
3.4 and 3.11 of Article III</U>, <U>Article VIII</U> and this <U>Article X</U> (including, without limitation, any such Article
or Section as renumbered as a result of any amendment, alteration, change, repeal, or adoption of any other Bylaw). The Board of
Directors, acting by the affirmative vote of at least a majority of the Whole Board, shall also have the power to adopt, amend
or repeal Bylaws; <I>provided</I>, <I>however</I>, that a bylaw amendment adopted by stockholders which specifies the votes that
shall be necessary for the election of directors shall not be further amended or repealed by the Board of Directors</FONT>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.1</B></P>

<P STYLE="margin: 0"><FONT STYLE="text-transform: uppercase"><B>&nbsp;</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><FONT STYLE="text-transform: uppercase"><B>POLAR
POWER ANNOUNCES PRICING OF $16.8 MILLION INITIAL PUBLIC OFFERING</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">December 06, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">GARDENA, CA&nbsp;&mdash; (Marketwired)
&mdash;&nbsp;12/06/16&nbsp;&mdash;&nbsp;Polar Power, Inc.&nbsp;(NASDAQ: POLA), announced the pricing of its initial public offering
of 2,400,000 shares of its common stock at a public offering price of&nbsp;$7.00&nbsp;per share. All of the shares of common stock
are being offered by&nbsp;Polar Power. The shares are expected to begin trading on the NASDAQ Capital Market&nbsp;on&nbsp;December
7, 2016&nbsp;under the ticker symbol &ldquo;POLA&rdquo;. In addition,&nbsp;Polar Power&nbsp;has granted the underwriters a 45-day
option to purchase from&nbsp;Polar Power&nbsp;up to an additional 360,000 shares of common stock at the initial public offering
price, less the underwriting discount.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">The offering is expected to close on&nbsp;December
12, 2016, subject to the satisfaction of customary closing conditions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Roth Capital Partners&nbsp;and&nbsp;Joseph
Gunnar &amp; Co., LLC&nbsp;are acting as joint book-running managers for the offering.&nbsp;Feltl and Company&nbsp;is acting as
co-manager for the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">A registration statement relating to
these securities was declared effective by the&nbsp;U.S. Securities and Exchange Commission. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">The offering will be made only by means
of a prospectus. A copy of the final prospectus relating to this offering, when available, will be filed with the&nbsp;SEC&nbsp;and
may also be obtained from&nbsp;Roth Capital Partners, LLC, 888 San Clemente,&nbsp;Newport Beach, California&nbsp;92660, Attn:&nbsp;Equity
Capital Markets, via telephone at (800) 678-9147 or via email at&nbsp;rothecm@roth.com&nbsp;or from&nbsp;Joseph Gunnar &amp; Co,
LLC, Prospectus Department,&nbsp;30 Broad Street, 11th Floor,&nbsp;New York, NY10004, telephone 212-440-9600, email:&nbsp;prospectus@jgunnar.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B><I>About&nbsp;Polar Power, Inc.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Polar Power&nbsp;designs, manufactures
and sells direct current, or DC power systems for applications primarily in the telecommunications market and, to a lesser extent,
in other markets, including military, electric vehicle charging, cogeneration, distributed power and uninterruptable power supply.
Within the telecommunications market, its systems provide reliable and low-cost energy for applications that do not have access
to the utility grid or have critical power needs and cannot be without power in the event of utility grid failure. Within this
market,&nbsp;Polar Power&nbsp;offers three configurations of its DC power systems, with output power ranging from 5 kW to 20 kW
and with three possible sources of fuel: diesel, natural gas and liquid petroleum gas. For more information, please visit&nbsp;www.polarpower.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Contact:&nbsp;<BR>
Media and Investor Relations:&nbsp;<BR>
Chris Tyson&nbsp;<BR>
Managing Director&nbsp;<BR>
MZ North America<BR>
Direct: 949-491-8235<BR>
ir@polarpowerinc.com<BR>
www.mzgroup.us</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>6
<FILENAME>s104924_ex99-2.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"><B>&nbsp;</B></P>

<P STYLE="margin: 0; text-align: right"><B>Exhibit 99.2&nbsp;</B></P>

<P STYLE="margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left; background-color: white"><IMG SRC="image_001.jpg" ALT=""><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; background-color: white"><B>Polar Power
Announces Closing of Initial Public Offering and Exercise of Over-Allotment Option</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; background-color: white"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Gardena, CA &ndash; December
12, 2016 &ndash; Polar Power, Inc.</B> (NASDAQ: POLA), a global provider of prime and backup DC power solutions, has closed
its previously announced initial public offering of 2,400,000 shares of its common stock at a public offering price of $7.00
per share. In connection with the initial public offering, the underwriters exercised their over-allotment option to purchase
an additional 360,000 shares at the initial public offering price, less the underwriting discount, in full. As a result, the
total initial public offering size was 2,760,000 shares, and the gross proceeds from the initial public offering were
approximately $19.3 million, before deducting underwriting discounts and estimated offering expenses. Polar Power&rsquo;s shares began trading on the NASDAQ Capital Market under the ticker symbol &quot;POLA&quot; on December 7, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Roth Capital Partners and Joseph Gunnar
&amp; Co., LLC acted as joint book-running managers for the offering. Feltl and Company acted as co-manager for the offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">A registration statement relating to
these securities was declared effective by the U.S. Securities and Exchange Commission. This press release shall not constitute
an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction
in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of
any such state or jurisdiction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">The offering was made only by
means of a prospectus. A copy of the final prospectus relating to this offering was filed with the SEC and may also be
obtained from Roth Capital Partners, LLC, 888 San Clemente, Newport Beach, California 92660, Attn: Equity Capital Markets,
via telephone at (800) 678-9147 or via email at <U>rothecm@roth.com</U> or from Joseph Gunnar &amp; Co, LLC, Prospectus
Department, 30 Broad Street, 11th Floor, New York, NY 10004, telephone 212-440-9600, email: prospectus@jgunnar.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>About Polar Power, Inc. </B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">Gardena, California-based Polar Power, Inc. (NASDAQ: POLA), designs, manufactures and sells direct current, or DC, power systems for applications primarily in the
telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle charging,
cogeneration, distributed power and uninterruptable power supply. Within the telecommunications market, its systems provide
reliable and low-cost energy for applications that do not have access to the utility grid or have critical power needs and
cannot be without power in the event of utility grid failure. Within this market, Polar Power offers three configurations of
its DC power systems, with output power ranging from 5 kW to 20 kW and with three possible sources of fuel: diesel, natural
gas and liquid petroleum gas. For more information, please visit www.polarpower.com.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; background-color: white"><B>Contact:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">Media and Investor Relations:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">Chris Tyson</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">Managing Director</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">MZ North America</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-weight: normal">Direct: 949-491-8235</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ir@polarpowerinc.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">www.mzgroup.us</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

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end
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