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**EXHIBIT        3.01**

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| 1. | Article                  SECOND is restated to describe the purposes of the                  Corporation. |
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| 2. | Article                  THIRD is restated to state: “The county, within this state, in which                  the office of the Corporation is to be located is Nassau                  County.” |
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| 3. | Article                  FOURTH is restated: |
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|   | (a) | to                  change the number and par value of shares authorized to be issued                  by the                  Corporation to 32,500,000 shares of capital stock, consisting of                  20,000,000 shares of common stock of $.05 par value, 2,500,000                  shares of                  the Corporation’s convertible preferred stock of $.05 par value                  (“Convertible Preferred Stock”) and 10,000,000 shares of Preferred Stock                  par value $.05 per share (“Preferred                  Stock”). |
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|   | (b) | to                  add a new subsection (c) providing for the authorization of 10,000,000                  shares of Preferred Stock in one or more series, the terms of any                  such                  series to be determined by the Board of Directors from time to                  time. |
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| 4. | There                  are currently less than 600,000 shares of Convertible Preferred                  Stock                  outstanding. The Company's Restated Certificate of Incorporation,                  as                  amended, provides that the Board of Directors is to consist of                  one class                  of Directors if there are less than 600,000 shares Convertible                  Preferred                  Stock outstanding. Accordingly, Article FOURTH, SIXTH, SEVENTH                  and EIGHTH                  are each restated as more fully described below in order to reflect                  the                  current status of the existence of a single Board of Directors                  of the                  Corporation elected by the holders of the Convertible Preferred                  Stock and                  Common Stock Directors voting together as one class on a share                  for share                  basis. |
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| 5. | The                  following sections set forth in subsection (b) of Article FOURTH                  of the                  Certificate of Incorporation are                  restated: |
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|   | (a) | Section                  1 is restated to reflect that there are 2,500,000 shares of Convertible                  Preferred Stock designated as the “Convertible Preferred                  Stock.” |
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|   | (b) | the                  last sentence of Section 2(a), relating to mandatory redemption,                  is no                  longer applicable and is accordingly deleted. |
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|   | (c) | Section                  3(a) is restated to reflect that the current liquidation preference                  payment of the Convertible Preferred Stock is $5.00 per share in                  accordance with the Certificate of Amendment to the Certificate                  of                  Incorporation filed with the Secretary of State on February 3,                  1998. |
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|   | (d) | Section                  4(a), relating to mandatory redemption, is no longer applicable                  and, in                  accordance with the affirmative vote of the Board of Directors,                  is deleted                  in its entirety. |
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|   | (e) | “Section                  4(b)(i),” renumbered as “Section 4(a)(i),” is restated to reflect that the                  current optional redemption price of the Convertible Preferred                  Stock is                  $7.50 per share in accordance with the Certificate of Amendment                  to the                  Certificate of Incorporation filed with the Secretary of State                  on February                  3, 1998. |
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|   | (f) | Section                  7 titled “Voting Rights” is restated by deleting the reference to                  “Preferred Stock Directors” in subsections (a) and (b) in order to reflect                  the current status of the existence of a single Board of Directors                  of the                  Corporation elected by the holders of the Convertible Preferred                  Stock and                  Common Stock Directors voting together as one class on a share                  for share                  basis. |
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|   | i) | Subsection                  (a) is deleted in its entirety. |
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|   | ii) | “Subsection                  (b),” renumbered as “Subsection (a),” is restated to state: “Each holder                  of record of shares of Convertible Preferred Stock shall be entitled                  to                  one vote per share on each matter on which the holders of record                  of Common                  Stock of the Corporation shall be entitled to vote, voting together                  with                  the holders of record of the Common Stock on a share for share                  basis, and                  not as a separate class.” |
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|   | iii) | Subsection                  (d), which restricted the Corporation from issuing non voting shares                  of                  capital stock, is deleted in its entirety. |
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| 6. | Article                  FIFTH relating to the post office address to which the Secretary                  of State                  shall mail a copy of any process against the Corporation served                  upon him                  is restated to provide for the following address: 275 Wagaraw Road,                  Hawthorne, New Jersey 07506 |
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| 7. | Article                  SIXTH relating to the removal of Directors is restated to reflect                  the                  current status of the existence of a single Board of Directors                  of the                  Corporation elected by the holders of the Convertible Preferred                  Stock and                  Common Stock Directors voting together as one class on a share                  for share                  basis. |
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| 8. | The                  following subsections set forth in Article SEVENTH of the Certificate                  of                  Incorporation is restated in order to reflect the current status                  of the                  existence of a single Board of Directors of the Corporation elected                  by the                  holders of the Convertible Preferred Stock and Common Stock Directors                  voting together as one class on a share for share                  basis: |
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|   | (a) | Subsections                  (a), (b)(i), (b)(ii) and (e). |
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|   | i) | Subsection                  (a)                  is                  deleted in its entirety; |
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|   | ii) | “Subsection                  (b)(i),” renumbered as “Subsection (a)(i),” is restated to state:                  “Directors                  shall be elected for a term of one year. Each Director shall hold                  office                  for the term of office for which he is elected and until his successor                  is                  elected and qualified.” |
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|   | iii) | “Subsection                  (b)(ii),” renumbered as “Subsection (a)(ii),” is restated to reflect the                  current status of the existence of a single Board of Directors                  of the                  Corporation. |
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|   | iv) | “Subsection                  (e),” renumbered as “Subsection (b),” is restated to state: “If the office                  of any Director or Directors becomes vacant for any reason, the                  Directors                  in office, although less than a quorum, may by majority vote choose                  a                  successor or successors, who shall hold office for the unexpired                  term in                  respect of which vacancy or vacancies occurred or until the next                  election                  of Directors; or any such vacancy may be filled by the shareholders                  at any                  meeting thereof. Newly created directorships resulting from an                  increase in                  the number of Directors shall be filled in the same manner as vacancies                  as                  aforesaid.” |
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|   | (b) | Subsections                  (b)(iii), (c) and (d) are each deleted in its entirety. Such subsections                  are applicable only so long as there are issued and outstanding                  in excess                  of 600,000 shares of Convertible Preferred Stock. There were 467,726                  shares of Convertible Preferred Stock issued and outstanding as                  of August                  18, 2006*.*  |
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| 9. | Article                  EIGHTH is restated so that it reflects the current status of the                  existence                  of a single Board of Directors of the Corporation elected by the                  holders                  of the Convertible Preferred Stock and Common Stock Directors voting                  together as one class on a share for share                  basis. |
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| 10. | Article                  NINTH is restated to reflect the current status providing for the                  indemnification of the Directors and officers of the Corporation                  to the                  fullest extent permitted by law in accordance with the Certificate                  of                  Amendment to the Certificate of Incorporation filed with the Secretary                  of                  State on July 12, 1988. |
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|   | (a) | The                  aggregate number of shares which the Corporation shall have the                  authority                  to issue is 32,500,000** **divided                  into the following classes: |
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| Number                  Of Shares |   | Class                                        |   | Par                  Value Per Share |
|-----------------------------------|--------|----------------------------------------------|--------|--------------------------------------|
|                              |   |                                         |   |                                 |
| 20,000,000                        |   | Common                  Stock                |   | $.05                                 |
|                              |   |                                         |   |                                 |
| 2,500,000                         |   | Convertible                  Preferred Stock |   | $.05                                 |
|                              |   |                                         |   |                                 |
| 10,000,000                        |   | Preferred                  Stock             |   | $.05                                 |

|   | (b) | Convertible                  Preferred Stock shall have the designation, and shall be entitled                  to the                  rights, interests, preferences, limitations, and restrictions hereinafter                  set forth: |
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|   | (1) | Designation.                  The 2,500,000 shares of Convertible Preferred Stock shall be designated                  the “Convertible Preferred Stock.” |
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|   | (2) | Dividends. |
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|   | (a) | Concurrently                  with, and as a condition precedent to, the declaration of any dividend                  on                  each share of Common Stock (a “Common Dividend”) the Board of Directors                  shall declare a dividend on each share of Convertible Preferred                  Stock                  outstanding as of the record date for the Common Dividend in an                  amount                  equal to the greater of (x) .0000072% of the aggregate amount determined                  by the Board of Directors to be distributed on such record date                  to the                  holders of all classes of the Corporation’s capital stock or (y) 112.5% of                  the amount of the Common Dividend, with the balance to be distributed                  to                  the holders of the Common Stock. |
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|   | (b) | Except                  as aforesaid, the Convertible Preferred Stock shall not be entitled                  to any                  preference whatsoever in respect to                  dividends. |
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|   | (3) | Liquidation                  Preference. |
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|   | (a) | In                  the event of any, voluntary or involuntary, complete or partial,                  liquidation, dissolution or winding up of the Corporation (hereinafter                  called “liquidation”), before any amount shall be paid to or set aside                  for, or any assets shall be distributed among, the holders of shares                  of                  any Junior Stock (as hereinafter defined), each holder of a share                  of                  Convertible Preferred Stock shall be entitled to receive out of                  the assets                  of the Corporation or the proceeds thereof, a preferential payment                  in an                  amount equal to $5.00 per share, plus any dividends thereon declared                  but                  not paid. |
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|   | (b) | In                  the event amounts available for distribution as liquidation preference                  payments to holders of Convertible Preferred Stock are insufficient                  to pay                  the full amount of its preference, such amounts shall be paid to                  such                  holders ratably in proportion to the respective amounts which would                  be                  payable to such holders if paid in                  full. |
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|   | (c) | Neither                  the consolidation or merger of the Corporation with or into any                  other                  corporation or corporations, nor the reduction of the capital stock                  of the                  Corporation, nor the sale or transfer by the Corporation of all                  or any                  part of its assets, shall be deemed to be a liquidation of the                  Corporation                  for the purposes of this Section 3. |
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|   | (d) | The                  term “Junior Stock” means the Common Stock and any other series of capital                  stock which shall be designated in this Certificate of Incorporation                  or                  any amendment thereto as “Junior                  Stock.” |
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|   | (4) | Redemption. |
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|   | (a) | Optional                  Redemption. |
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|   | (i) | The                  shares of Convertible Preferred Stock may be redeemed, in whole                  or in                  part, at the option of the Corporation by resolution of its Board                  of                  Directors, at any time and from time to time at the price of $7.50                  per                  share of Convertible Preferred Stock, plus any dividends thereon                  declared                  but not paid. |
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|   | (ii) | In                  the event that less than the entire number of the shares of Convertible                  Preferred Stock outstanding is at any one time redeemed by the                  Corporation, the shares of Convertible Preferred Stock to be redeemed                  shall be selected by lot or other equitable manner as may be prescribed                  by                  resolution of the Board of Directors of the                  Corporation. |
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|   | (iii) | Notice                  of redemption of Convertible Preferred Stock pursuant to paragraph                  4(a)                  shall be given by first-class mail, postage prepaid, mailed not                  less than                  75 nor more than 100 days prior to the date fixed for redemption,                  to each                  holder of Convertible Preferred Stock to be redeemed, at this last                  address                  appearing in the Convertible Preferred Stock                  register. |
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|   | (iv) | Notice                  of the redemption shall state: |
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|   | i. | the                  redemption date; |
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|   | ii. | the                  redemption price; |
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|   | iii. | if                  less than all outstanding shares of Convertible Preferred Stock                  of the                  holder are to be redeemed, the identification of the shares of                  Convertible                  Preferred Stock to be redeemed; |
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|   | iv. | the                  Conversion Rate on the date of the                  notice; |
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|   | v. | that                  on the redemption date the redemption price will become due and                  payable                  upon each share of the Convertible Preferred Stock to be redeemed                  and the                  right to convert each such share shall cease as of the close of                  business                  on the fourteenth day prior to the redemption date, unless default                  shall                  be made in the payment of the redemption price;                  and |
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|   | vi. | the                  place or places where such shares of Convertible Preferred Stock                  to be                  redeemed are to be surrendered for payment of the redemption price,                  which                  places shall be the office or agency of the Corporation in each                  place of                  payment. |
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|   | (b) | General                  Provisions With Respect to                  Redemption |
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|   | (i) | If                  on the redemption date, funds necessary for such redemption have                  been                  deposited in trust with a bank or trust company, or have been set                  aside in                  trust, by the Corporation, for the purpose of redeeming shares                  of                  Convertible Preferred Stock, the holders of shares of Convertible                  Preferred Stock to be redeemed shall, as of the close of business                  on such                  date, cease to be shareholders with respect to such shares. Such                  shares of                  Convertible Preferred Stock shall no longer be transferable on                  the books                  of the Corporation or, as of the close of business on the fourteenth                  day                  prior to such date, convertible into shares of Common Stock, and                  the                  holders thereof shall be entitled only to receive the redemption                  price                  without interest thereon (together with a certificate for any unredeemed                  shares of Convertible Preferred Stock) upon surrender of the certificates                  for such shares. |
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|   | (ii) | In                  case any holder of shares of Convertible Preferred Stock which                  shall have                  been redeemed shall not within three years of the date of redemption                  thereof claim the amount deposited in trust for the redemption                  of such                  shares, such bank or trust company, upon request of the Corporation,                  shall                  pay over to the Corporation such unclaimed amount and shall thereupon                  be                  relieved of all responsibility in respect thereof. The Corporation                  shall                  not be required to hold the amount so paid over to it, or any amount                  theretofore set aside by it, in trust after such three-year period,                  separate and apart from its other funds, and thereafter the holders                  of                  such shares of Convertible Preferred Stock shall look only to the                  Corporation for payment of the redemption price thereof, without                  interest.                  All liability of the Corporation to any holder of shares of Convertible                  Preferred Stock for payment of the redemption price for shares                  of                  Convertible Preferred Stock called for redemption shall cease and                  terminate as of the close of business on the fourth anniversary                  of the                  redemption date for such shares. |
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|   | (5) | Conversion                  Rights.                  Each share of Convertible Preferred Stock shall be convertible,                  subject to                  adjustment as provided in paragraph 5(c), into one fully paid and                  non-assessable share of Common Stock at any time and from time                  to time                  after the date of issue of such share of Convertible Preferred                  Stock, at                  the option of the holder thereof. Shares of Common Stock shall                  be                  delivered upon conversion without the payment of any additional                  amounts by                  the holders of the Convertible Preferred Stock except as required                  by                  paragraph 5(e). All conversions of shares of Convertible Preferred                  Stock                  into shares of Common Stock shall be subject to the following terms                  and                  conditions: |
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|   | (a) | The                  Corporation shall make no payment or adjustment on account of any                  dividends declared but unpaid on the Common Stock issuable upon                  conversion. |
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|   | (b) | In                  case of any redemption of any shares of Convertible Preferred stock                  pursuant to paragraph 4 hereof, the right of conversion of the                  shares to                  be redeemed shall cease and terminate at the close of business                  on the                  fourteenth day prior to the redemption date, unless default shall                  be made                  in the payment of the redemption                  price. |
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|   | (c) | The                  number of shares of Common Stock into which shares of Convertible                  Preferred Stock are convertible (the “Conversion Rate”) shall be subject                  to adjustment from time to time as follows, except that no adjustment                  need                  be made unless, by reason of the happening of any or more of the                  events                  specified in this paragraph 5(c), the Conversion Rate then in effect                  shall                  be changed by 5% or more, but any adjustment of less than 5% that                  would                  otherwise be required then to be made shall be carried forward                  and shall                  be made at the time of and together with any subsequent adjustment                  which,                  together with any adjustment or adjustments so carried forward,                  amounts to                  5% or more. |
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|   | (i) | In                  case the Corporation shall at any time or times subdivide or combine                  the                  outstanding shares of Common Stock into a greater or lesser number                  of                  shares, then, in each such case, the number of shares of Common                  Stock into                  which each share of Convertible Preferred stock may be converted                  (such                  Conversion Rate being initially one share of Common Stock for each                  share                  of Convertible Preferred stock) in effect immediately prior thereto                  shall                  be adjusted to a Conversion Rate (including any applicable fraction                  of a                  share) determined by multiplying the Conversion Rate in effect                  immediately                  prior to the happening of any of the events described above by                  a fraction,                  the numerator of which shall be the total number of shares of Common                  Stock                  outstanding immediately after such event and the denominator of                  which                  shall be the total number of Common Stock outstanding immediately                  prior to                  such event. An adjustment made pursuant to this paragraph 5 (c)                  (i) shall                  become effective immediately after the effective date of any event                  specified in this paragraph 5 (c)                  (i). |
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|   | (ii) | If                  any capital reorganization, reclassification or other change of                  outstanding shares of the capital stock of the Corporation, or                  if any                  consolidation or merger of the Corporation with another corporation                  (other                  than a consolidation or merger in which the Corporation is the                  continuing                  corporation and which does not result in any reclassification,                  capital                  reorganization or other change of outstanding shares of the Common                  Stock),                  or the sale or conveyance to another corporation of the property                  of the                  Corporation as, or substantially as, an entirety, shall be effected                  in                  such a way that holders of shares of Common Stock shall be entitled                  to                  receive stock, securities or assets with respect to or in exchange                  for                  shares of Common Stock, then, as a condition of such reorganization,                  reclassification, consolidation, merger or sale, the Corporation                  or such                  successor or purchasing corporation, as the case may be, shall                  make                  provision that the holder of each share of Convertible Preferred                  Stock                  shall have the right thereafter to convert such share into the                  kind and                  amount of stock, securities or assets receivable upon such reorganization,                  reclassification, consolidation, merger or sale by a holder of                  the number                  of shares of Common Stock into which such share might have been                  converted                  immediately prior to such reorganization, reclassification, change,                  consolidation, merger, conveyance, or sale, subject to adjustments                  which                  shall be as nearly equivalent as may be practicable to the adjustments                  provided for in this paragraph                  5(c). |
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|   | (iii) | The                  Corporation shall not be required to issue fractional shares of                  Common                  Stock upon conversion of shares of Convertible Preferred Stock.                  If more                  than one share of Convertible Preferred Stock shall be surrendered                  for                  conversion at one time by the same holder, the number of full shares                  of                  Common Stock issuable upon conversion thereof shall be computed                  on the                  basis of the aggregate number of shares so surrendered. If any                  fractional                  interest in a share of Common Stock would be deliverable upon the                  conversion of any shares of Convertible Preferred Stock, the Corporation,                  in lieu of delivering the fractional share therefore, shall at                  the option                  of its Board of Directors either make an adjustment thereof in                  cash at the                  market value thereof or issue scrip certificates (exchangeable                  together                  with other scrip certificates aggregating one or more full shares                  of                  Common Stock for Common Stock certificates representing such full                  share or                  shares) for any fraction of a share, in a form to be approved by                  the Board                  of Directors. If the Board of Directors shall choose to make a                  cash                  adjustment in lieu of delivering fractional shares, then, for such                  purpose, the market value of a share of Common Stock shall be the                  closing                  price on such day for shares of Common Stock on the principal national                  securities exchange on which the Common Stock is listed or admitted                  to                  trading, or if it is not listed or admitted to trading on any national                  securities exchange, the average on such day of the closing bid                  and asked                  prices in the over-the-counter market or, if no such prices are                  reported,                  the market value shall be as fixed by the Board of Directors in                  good                  faith. If the Board of Directors shall choose to issue scrip certificates                  in lieu of delivering fractional shares, the scrip certificates                  may                  contain any term or condition permitted by law, except that, until                  the                  exchange thereof for certificates for full shares of Common Stock,                  the                  holders of such scrip certificates shall not be entitled to receive                  dividends thereon, to vote with respect thereto or to have any                  other                  rights by virtue thereof as shareholders of the Corporation except                  such                  rights, if any, as the Board of Directors may, in its absolute                  discretion,                  confer upon the holders of such scrip certificates in the event                  of the                  liquidation, dissolution or winding up of the                  Corporation. |
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|   | (iv) | Whenever                  any event occurs which causes an adjustment of the securities or                  other                  assets into which the Convertible Preferred Stock may be converted,                  as                  herein provided, the Corporation shall promptly file with the transfer                  agent or agents for the Convertible Preferred Stock (and with any                  conversion agent other than the transfer agent or agents) a certificate                  signed by the President or a Vice President and by the Treasurer                  or an                  Assistant Treasurer or the Secretary or an Assistant Secretary                  setting                  forth the Conversion Rate applicable after such adjustment and                  setting                  forth a brief statement of the facts accounting for such adjustment.                  Such                  certificate shall be conclusive evidence of the correctness of                  such                  adjustment and neither the transfer agent or agents nor any conversion                  agent shall be under any duty or responsibility with respect to                  any such                  certificate except to exhibit the same for time to time to any                  holder of                  any share of Convertible Preferred Stock desiring an inspection                  thereof.                  Promptly after filing such certificate, the corporation shall cause                  a                  brief summary of such certificate to be mailed to each holder of                  record of                  shares of Convertible Preferred Stock at such holder’s last address                  appearing on the books of the Corporation. Failure of any holder                  of                  Convertible Preferred Stock to receive such notice or any defect                  therein,                  shall not affect the validity of such adjustment. Neither the transfer                  agent or agents nor any conversion agent shall at any time be under                  any                  duty or responsibility to any such holder to determine whether                  any facts                  exist which may require any adjustment of the Conversion Rate,                  or with                  respect to the nature and extent of any such adjustment when made,                  or with                  respect to the method employed in making the                  same. |
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|   | (d) | The                  Corporation shall at all times reserve and keep available, out                  of its                  authorized by unissued shares of Common Stock or out of shares                  of Common                  Stock held in its treasury, the full number of shares of Common                  Stock into                  which all shares of Convertible Preferred Stock from time to time                  outstanding are convertible. |
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|   | (e) | The                  issuance of stock certificates on conversions of shares of Convertible                  Preferred Stock into shares of Common Stock shall be without charge                  to the                  converting stockholders for any issue tax. The Corporation shall                  not,                  however, be required to pay any tax which may be payable in respect                  of any                  transfer involved in the issue and delivery of shares of Common                  Stock in                  any name other than that of the registered holder of the shares                  of                  Convertible Preferred Stock converted, and the Corporation shall                  not be                  required to issue or deliver any such stock certificate unless                  and until                  the person or persons requesting the issuance thereof shall have                  paid to                  the Corporation the amount of such tax or shall have established                  to the                  satisfaction of the Corporation that such tax has been paid or                  that no                  such tax is payable. |
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|   | (f) | Any                  holder of Convertible Preferred Stock who shall choose to convert                  shares                  of Convertible Preferred Stock held by him pursuant to this Section                  5                  shall, as a condition of conversion, present the certificates for                  such                  Convertible Preferred Stock (which certificate or certificates,                  if the                  Corporation shall so require, shall be duly endorsed or accompanied                  by                  appropriate instruments of transfer satisfactory to the Corporation)                  at                  the office of the transfer agent or agents for Convertible Preferred                  Stock, or at such other office as may be designated by the Corporation,                  and shall give written notice to the Corporation at said office                  that such                  holder elects to convert the same or part thereof and shall state                  in                  writing therein the name or names in which such holder wishes the                  certificate or certificates for shares of Common Stock to be issued.                  The                  Corporation will as soon as practicable thereafter, issue and deliver                  at                  said office to such holder, or to the designee of such holder,                  certificates for the number of full shares of Common Stock to which                  such                  holder or its designee shall be entitled as aforesaid, together                  with cash                  or scrip in lieu of any fraction of a share as hereinabove provided                  and                  certificates for the shares of Convertible Preferred Stock, if                  any, not                  converted. Shares of Convertible Preferred Stock shall be deemed                  to have                  been converted as of the close of business on the date of the presentation                  of such shares for conversion as provided above, and the person                  or persons                  entitled to receive the shares of Common Stock issuable upon such                  conversion shall be treated for all purposes as the record holder                  or                  holders of such shares of Common Stock as of such time and                  date. |
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|   | (6) | Shares                  to be Retired.                  All shares of Convertible Preferred Stock redeemed or purchased                  by the                  Corporation or converted into Common Stock of the Corporation shall                  be                  retired and cancelled, and may not thereafter be issued in any                  form. |
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|  | (7) | Voting                  Rights  |
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|   | (a) | Each                  holder of record of shares of Convertible Preferred Stock shall                  be                  entitled to one vote per share on each matter on which the holders                  of                  record of Common Stock of the Corporation shall be entitled to                  vote,                  voting together with the holders of record of the Common Stock                  on a share                  for share basis, and not as a separate                  class. |
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|   | (b) | No                  holder of shares of the Corporation of any class, now or hereafter                  authorized, shall be entitled as such, as a matter of right, to                  any                  preferential or preemptive right or otherwise to subscribe for,                  purchase                  or receive any shares of the Corporation of any class, now or hereafter                  authorized, or any options or warrants for such shares, or any                  securities                  convertible into or exchangeable for such shares, which may at                  any time be                  issued, sold or offered for sale by the                  Corporation. |
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|   | (c) | The                  Preferred Stock shall have the designation, and shall be entitled                  to the                  rights, interests, preferences, limitations, and restrictions hereinafter                  set forth. |
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|   | (1) | Shares                  of Preferred Stock may be issued from time to time in one or more                  series                  as may from time to time be determined by the Board of Directors,                  each of                  said series to be distinctly designated. All shares of any one                  series of                  Preferred Stock shall be alike in every particular, except that                  there may                  be different dates from which dividends, if any, thereon shall                  be                  cumulative, if made cumulative. The voting powers and the preferences                  and                  relative, participating, optional and other special rights of each                  such                  series, and the qualifications, limitations or restrictions thereof,                  if                  any, may differ from those of any and all other series at any time                  outstanding; and the Board of Directors of the Corporation is hereby                  expressly granted authority to fix by resolution or resolutions                  adopted                  prior to the issuance of any shares of a particular series of Preferred                  Stock, the voting powers and the designation, preferences and relative,                  optional and other special rights, and the qualifications, limitations                  and                  restrictions of such series, including, but without limiting the                  generality of the foregoing, the                  following: |
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|   | (a) | The                  distinctive designation of, and the number of shares of Preferred                  Stock                  which shall constitute such series, which number may be increased                  (except                  where otherwise provided by the Board of Directors) or decreased                  (but not                  below the number of shares thereof then outstanding) from time                  to time by                  like action of the Board of                  Directors; |
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|   | (b) | The                  rate and times at which, and the terms and conditions on which,                  dividends,                  if any, on Preferred Stock of such series shall be paid, the extent                  of the                  preference or relation, if any, of such dividends to the dividends                  payable                  on any other class or classes, or series of the same or other classes                  of                  stock and whether such dividends shall be cumulative or non-cumulative; |
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|   | (c) | The                  right, if any, of the holders of Preferred Stock of such series                  to convert                  the same into or exchange the same for, shares of any other class                  or                  classes or of any series of the same or any other class or classes                  of                  stock of the Corporation and the terms and conditions of such conversion                  or exchange; |
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|   | (d) | Whether                  or not Preferred Stock of such series shall be subject to redemption,                  and                  the redemption price or prices and the time or times at which,                  and the                  terms and conditions on which, Preferred Stock of such series may                  be                  redeemed; |
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|   | (e) | The                  rights, if any, of the holders of Preferred Stock of such series                  upon the                  voluntary or involuntary liquidation, merger, consolidation, distribution                  or sale of assets, dissolution or winding-up, of the                  Corporation; |
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|   | (f) | The                  terms of the sinking fund or redemption or purchase account, if                  any, to be                  provided for the Preferred Stock of such series;                  and |
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|   | (g) | The                  voting powers, if any, of the holders of such series of Preferred                  Stock                  which may, without limiting the generality of the foregoing, include                  the                  right, voting as a series or by itself or together with other series                  of                  Preferred Stock or all series of Preferred Stock as a class, to                  elect one                  or more Directors of the Corporation if there shall have been a                  default in                  the payment of dividends on any one or more series of Preferred                  Stock or                  under such other circumstances and on such conditions as the Board                  of                  Directors may determine. |
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|   | (2) | The                  relative powers, preferences and rights of each series of Preferred                  Stock                  in relation to the powers, preferences and rights of each other                  series of                  Preferred Stock shall, in each case, be as fixed from time to time                  by                  resolution of the Board of Directors, and the consent, by class                  or series                  vote or otherwise, of the holders of such of the series of Preferred                  Stock                  as are from time to time outstanding shall not be required for                  the                  issuance by the Board of Directors of any other series of Preferred                  Stock                  whether or not the powers, preferences and rights of such other                  series                  shall be fixed by the Board of Directors as senior to, or on a                  parity                  with, the powers, preferences and rights of such outstanding series,                  or                  any of them; provided, however, that the Board of Directors may                  provide in                  such resolution that the consent of the holders of a majority (or                  such                  greater proportion as shall be therein fixed) of the outstanding                  shares of                  such series voting therein shall be required for the issuance of                  any or                  all other series of Preferred                  Stock. |
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|   | (a) |   |
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|   | (i) | Directors                  shall be elected for a term of one year. Each Director shall hold                  office                  for the term of office for which he is elected and until his successor                  is                  elected and qualified. |
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|   | (ii) | Without                  affecting the fiduciary duties of any Director of the Corporation                  under                  law, in determining whether to vote for or against any proposal                  brought                  before the Board of Directors, each Director shall be entitled                  to take                  into account the benefit or adverse effect of such proposal to                  the                  Corporation and its shareholders as a whole (both on a short-term                  and on a                  long-term basis). |
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|   | (b) | If                  the office of any Director or Directors becomes vacant for any                  reason, the                  Directors in office, although less than a quorum, may by majority                  vote                  choose a successor or successors, who shall hold office for the                  unexpired                  term in respect of which vacancy or vacancies occurred or until                  the next                  election of Directors; or any such vacancy may be filled by the                  shareholders at any meeting thereof. Newly created directorships                  resulting                  from an increase in the number of Directors shall be filled in                  the same                  manner as vacancies as aforesaid. |
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|   | (a) | The                  Directors and officers of the Corporation shall be entitled to                  be                  indemnified by the Corporation to the fullest extent permitted                  by                  law. |
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|   | (b) | No                  Director shall be personally liable to the Corporation or any stockholder                  for damages for breach of fiduciary duty as a Director, except                  for any                  matter in respect of which such Director shall be liable under                  Section 719                  of the New York Business Corporation Law or any amendment thereto                  or                  successor provision thereto or shall be liable by reason that,                  in addition                  to any and all other requirements for such liability, he (i) shall                  have                  breached his duty of loyalty to the Corporation or its stockholders                  (ii)                  shall not have acted in good faith or, in failing to act, shall                  not have                  acted in good faith, (iii) shall have acted in a manner involving                  intentional misconduct or a knowing violation of law or, in failing                  to                  act, shall have acted in a manner involving intentional misconduct                  or a                  knowing violation of law or (iv) shall have personally gained a                  financial                  profit or other advantage to which he was not legally entitled.                  Neither                  the amendment nor repeal of this Article, nor the adoption of any                  provision of the Certificate of Incorporation inconsistent with                  the                  Article shall eliminate or reduce the effect of this Article in                  respect of                  any matter occurring, or any cause of action, suit or claim that,                  but for                  this Article would accrue or arise, prior to such amendment, repeal                  or                  adoption of any inconsistent provision. |
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| By:                                      | /s/                William Pagano |   |
|------------------------------------------|-----------------------------------|--------|
| William                  Pagano          |                              |
| Chief                  Executive Officer |                              |

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