Exhibit 3(b)

 

 

AMENDED AND RESTATED BY-LAWS 

BERGEN BRUNSWIG CORPORATION

AS OF OCTOBER 2, 2000

__________________________________

 

 

ARTICLE I

Office

 

               Section 1.        Principal Office.  The principal office of the corporation is hereby fixed and located at 4000 Metropolitan Drive, in the City of Orange, County of Orange, and State of California.  The board of directors is hereby granted full power and authorityto change said principal office to another office within or without the State of California.

               Section 2.        Other Offices.  Branch or subordinate offices may at any time be established by the board of directors at any place or places where the corporation is qualified to do business.

 

ARTICLE II

Meeting of Shareholders

 

               Section 1.        Place of Meetings.  All meetings of shareholders shall be held at the principal office of the corporation or at such other place as may be designated by the board of directors or its executive committee and stated in the notice of the meeting.

               Section 2.        Annual Meetings.  An annual meeting of the shareholders of the corporation shall be held on such day and at such hour as shall be fixed by the board of directors and designated in the notice of the meeting.

               Section 3.        Special Meetings.  Special meetings of the shareholders may be called for any purpose and at any time by the chairman of the board, the president or by the board of directors or as provided in the certificate of incorporation.

               Section 4.        Notice of Meetings.  Written notice of the time, place and purposes of annual and special meetings of shareholders shall be given to each shareholder entitled to vote at such meeting at least ten (10) days and not more than sixty (60) days beforethe date of such meeting, either personally or by mail, charges prepaid, addressed to such shareholder at his address appearing on the books of the corporation.

               Section 5.        Record Date.  The board of directors shall fix the record date for determination of shareholders entitled to notice of and to vote at any annual or special meeting of shareholders.  Such record date shall not be more than sixty (60) days nor lessthan ten (10) days before the date of such meeting.

               Section 6.        Nominations of Directors and Proposals of Business To Be Considered.  (a) Nominations of persons for election to the board of directors of the corporation and the proposal of business to be considered by the shareholders may be made at an annualmeeting of shareholders (i) pursuant to the corporation's notice of such annual meeting, (ii) by or at the direction of the board of directors or (iii) by any shareholder of the corporation who was a shareholder of record at the time of giving of thenotice provided for in this Article II, Section 6 and who is entitled to vote at the meeting, provided that such shareholder has complied with the notice procedures set forth in this Article II, Section 6.

                              (b)        For nominations or other business to be properly brought before an annual meeting by a shareholder pursuant to clause (iii) of paragraph (a) of this Article II, Section 6, the shareholder must have given timely notice thereof in writing to thesecretary of the corporation.  To be timely, a shareholder's notice shall be delivered to the secretary at the principal executive offices of the corporation not less than sixty (60) days nor more than ninety (90) days prior to the first anniversary ofthe preceding year's annual meeting; provided, however, that in the event that the date of the annual meeting is advanced by more than thirty (30) days or delayed by more than sixty (60) days from such anniversary date, notice by the shareholder to betimely must be so delivered not earlier than the ninetieth (90th) day prior to such annual meeting and not later than the close of business on the later of the sixtieth (60th) day prior to such annual meeting or the tenth (10th) day following the day onwhich public announcement of the date of such meeting is first made.  Such shareholder's notice shall set forth (i) as to each person whom the shareholder proposes to nominate for election or reelection as a director, all information relating to suchperson that is required to be disclosed in solicitations of proxies for election of directors, or is otherwise required, in each case pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended (the "Exchange Act") (including, withoutlimitation, such person's name, address and principal occupation and such person's written consent to being named in the proxy statement as a nominee and to serving as a director if elected); (ii) as to any other business that the shareholder proposes tobring before the meeting, a brief description of the business desired to be brought before the meeting, the reasons for conducting such business at the meeting and any financial or other interest in such business of such shareholder and the beneficialowner, if any, on whose behalf the proposal is made; and (iii) as to the shareholder giving the notice and the beneficial owner, if any, on whose behalf the nomination or proposal is made (1) the name and address of such shareholder, as they appear on thecorporation's books, and of such beneficial owner and (2) the class and number of shares of the corporation which are owned beneficially and of record by such shareholder and such beneficial owner.

                              (c)        Notwithstanding anything in the second sentence of paragraph (b) of this Article II, Section 6 to the contrary, in the event that the number of directors to be elected to the board of directors of the corporation is increased and there is nopublic announcement naming all of the nominees for director or specifying the size of the increased board of directors made by the corporation at least seventy (70) days prior to the first anniversary of the preceding year's annual meeting, ashareholder's notice required by this Article II, Section 6 shall also be considered timely, but only with respect to nominees for any new positions created by such increase, if it shall be delivered to the secretary at the principal executiveoffices of the corporation not later than the close of business on the tenth (10th) day following the day on which such public announcement is first made by the corporation.

                              (d)        Only such persons who are nominated in accordance with the procedures set forth in this Article II, Section 6 shall be eligible to serve as directors and only such business shall be conducted at an annual meeting of shareholders as shall havebeen brought before the meeting in accordance with the procedures set forth in this Article II, Section 6; provided, however, that the presiding officer of the meeting may elect, for good cause shown, to waive one or more of the procedures ofthis Article II, Section 6.  The presiding officer of the meeting shall have the power and duty to determine whether a nomination or any business proposed to be brought before the meeting was made in accordance with the procedures set forth in thisArticle II, Section 6 and, if any proposed nomination or business is not in compliance with this Article II, Section 6 and the presiding officer elects not to waive such non-compliance, to declare that such defective proposed business or nomination shallbe disregarded.

                              (e)        For purposes of this Article II, Section 6, "public announcement" 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 thecorporation with the Securities and Exchange Commission pursuant to Section 13, 14 or 15(d) of the Exchange Act.

                              (f) Notwithstanding the foregoing provisions of this Article II, Section 6, a shareholder shall also comply with all applicable requirements of the Exchange Act and the rules and regulations thereunder with respect to the matters set forth inthis Article II, Section 6.  Nothing in this Article II, Section 6 shall be deemed to affect any rights of shareholders to request inclusion of proposals in the corporation's proxy statement pursuant to Rule 14a-8 under the Exchange Act.

               Section 7.        Quorum.  Except as otherwise provided in the certificate of incorporation, the presence in person or by proxy of the holders of a majority of any class or series voting separately at a meeting and a majority of any two or more classes votingtogether as a class at such meeting shall constitute a quorum for the transaction of business; if any matter to come before the meeting requires a vote of less than all the outstanding classes, then the presence in person or by proxy of the holders of amajority of the class or classes or series having the right to vote on such matter or matters shall constitute a quorum for the transaction of such business.  The shareholders present at a duly called or held meeting at which a quorum is present maycontinue to do business until adjournment notwithstanding the withdrawal of enough shareholders to leave less than a quorum.

               Section 8.        Adjourned Meetings and Notice Thereof. Any shareholders' meeting, annual or special, whether or not a quorum is present, may be adjourned from time to time by the vote of a majority of the shares the holders of which are either present in personor represented by proxy at such meeting, but in the absence of a quorum no other business may be transacted at such meeting; provided, however, that if a quorum of any class or series is present and objects to such adjournment, the meeting shall not beadjourned.

                              When any shareholders' meeting, either annual or special, is adjourned for more than thirty days, notice of the adjourned meeting shall be given as in the case of an original meeting.  If any such meeting is adjourned for thirty days or less, however,and the time and place of the adjourned meeting is announced at the meeting at which the adjournment is taken, and the only business transacted at the adjourned meeting is such as might have been transacted at the original meeting, no further notice ofthe adjourned meeting need be given to shareholders.  If after the adjournment, the board of directors fixes a new record date for the adjourned meeting, however, a notice of the adjourned meeting shall be given to each shareholder of record on the newrecord date.

               Section 9.        Voting.  Shareholders shall vote their stock in the manner provided in the certificate of incorporation as amended from time to time.  Shares held by the corporation shall not be voted at any meeting of shareholders for any purpose.

               Section 10.        Proxies.  Every shareholder entitled to vote at a meeting of shareholders may authorize another person or persons to act for him by proxy.  Every proxy shall be executed in writing by the shareholder or his agent, except that a proxy may be givenby a shareholder or his agent by telegram or cable or by any means of electronic communication which results in a writing.  No proxy shall be valid after eleven months from the date of its execution unless a longer time is expressly provided therein.Unless it states that it is irrevocable and is coupled with an interest either in the stock itself or in the corporation, a proxy shall be revocable at will.  A proxy shall not be revoked by the death or incapacity of the shareholder but the proxy shallcontinue to be in force until revoked by the personal representative or guardian of the shareholder.  The presence at a meeting of any shareholder who has given a proxy does not revoke the proxy unless the shareholder files written notice of therevocation with the secretary of the meeting prior to the voting of the proxy or votes the shares subject to the proxy by written ballot.  A person named in a proxy as the attorney or agent of a shareholder may, if the proxy so provides, substituteanother person to act in his place, including any other person named as an attorney or agent in the same proxy.  The substitution shall not be effective until an instrument effecting it is filed with the secretary of the corporation.

               Section 11.        Officers of Meetings.  The chairman of the board, if present, shall preside at all meetings of shareholders.  In his absence, the president, if present, shall preside.  In his absence, the vice president of the corporation who has held that officefor the longest period of those present at the meeting shall preside.  The secretary of the corporation shall, if present, act as secretary of all meetings of shareholders.  In his absence, any assistant secretary of the corporation who is present shallact as secretary of the meeting.  If no assistant secretary is present, a temporary secretary for that particular meeting shall be elected.

               Section 12.        Order of Business.  The order of business at all meetings of the shareholders, unless changed by a majority vote of the shares entitled to vote at such meeting, shall be as follows:  (i) call to order; (ii) proof of mailing of notice of meeting,proxy and proxy statement; (iii) report on presence of a quorum; (iv) reading or waiver of minutes of preceding meeting; (v) election of directors; (vi) vote on other proposals; (vii) report of officers; and (viii) other business and adjournment.

               Section 13.        Voting List.  The secretary or any assistant secretary shall produce at each shareholders' meeting a list of shareholders entitled to vote at the meeting or any adjournment thereof.  Such list shall (a) be arranged alphabetically within each classand series, with the address of, and the number of shares held by, each shareholder, (b) be subject to the inspection of any shareholder for reasonable periods during the meeting, and (c) be prima facie evidence as to persons who are the shareholdersentitled to examine such list or to vote at the meeting.

               Section 14.        Action by Shareholders Without a Meeting.  In order that the corporation may determine the shareholders entitled to consent to corporate action in writing without a meeting pursuant to Section 14A:5-6 of the New Jersey Business Corporation Act,any shareholder of record seeking to have the shareholders authorize or take corporate action by written consent shall, by written notice to the secretary, request that the board of directors set a record date.  Upon receipt of such written notice, or inthe absence of such written notice at any time at its election, the board of directors may, as it deems appropriate and in the best interests of the corporation, adopt a resolution setting a record date for purposes of determining the shareholdersentitled to consent to corporate action in writing without a meeting.  Any record date set by the board of directors pursuant to this Section 14 shall not precede, and shall not be more than ten (10) days after, the date on which the resolution settingthe record date is adopted by the board of directors.

 

ARTICLE III

Board of Directors

 

               Section 1.        Number of Directors.  The board of directors of the corporation shall be composed of not less than nine (9) nor more than fifteen (15) until changed by an amendment of the certificate of incorporation duly adopted by the shareholders of thecorporation.

                              The board of directors, following the adoption of these amended by-laws, shall consist of eleven (11) members and one Director Emeritus.  The number of directors may be increased or decreased within the foregoing limitations by an amendment to thisSection 1 of Article III duly adopted by the board of directors.

               Section 2.        Term of Office; Classification of Directors.  The board shall be divided into three classes, which shall be denominated Classes I, II and III, respectively.  The number of directors in each class shall be as nearly equal as possible

                                             At each meeting of shareholders, directors shall be elected to fill the directorships of the Class of directors whose terms have expired.  Those directors shall hold office until the third successive annual meeting of shareholders after their electionand until their successors shall have been elected and qualified, so that directors elected at annual meetings of shareholders shall each be elected for a three year term, and that the term of one class of directors shall expire at each annual meeting.

               Section 3.        Resignation and Removal.  Any director may resign at any time.  Any director may be removed with or without cause as provided in the certificate of incorporation.  A special meeting for the purpose of removing a director may be called for by thechairman of the board, the president or the board of directors.  Notice of such meeting shall be given to all the shareholders of Class A Common Stock in the manner provided by these by-laws for any annual or special meeting.  A new director to fill thevacancy caused by resignation or removal may be elected at the special meeting called for the purpose of removing such director, at any subsequent annual or special meeting of shareholders, or by the board of directors.  If such director is elected at aspecial meeting of shareholders, he shall serve until the term of the removed director would have expired and thereafter until his successor shall have been elected and qualified.

               Section 4.        Vacancies.  If any vacancy should occur in the board of directors for any reason whatsoever, such vacancy may be filled by a majority of the remaining directors.  Each director so elected shall hold office until the next succeeding annual orspecial meeting of the shareholders and thereafter until his successor shall have been elected and qualified.

                              A vacancy or vacancies in the board of directors shall be deemed to exist in the case of the death, resignation or removal of any director, or if the authorized number of directors be increased, or if the shareholders fail at any special meeting of theshareholders at which any director or directors are elected to elect the authorized number of directors to be voted for at that meeting.  No reduction of the authorized number of directors shall have the effect of removing any director prior to theexpiration of his term of office.

                              Subject to the provisions of the certificate of incorporation, the shareholders may elect a director or directors at any time to fill any vacancy or vacancies not filled by the directors.  If the board of directors accepts the resignation of a directortendered to take effect at a future time, the board or the shareholders shall have the power to elect a successor to take office when the resignation is to become effective.

                              If the chairman of the board, the president or the board of directors shall so direct, the secretary shall promptly call a special meeting of shareholders to elect a director to fill such vacancy.  Any director so elected shall hold office for a termwhich is not inconsistent with Section 2 of Article III of these by-laws, and thereafter until his successor shall have been elected and qualified.

                              If a vacancy of all directors shall occur, the president or secretary shall promptly call a special meeting of the shareholders to elect directors to fill such vacancies.  The persons so elected shall hold office until the next annual meeting ofshareholders and thereafter until their respective successors shall have been elected and qualified.

               Section 5.        Place of Meeting.  The board of directors may hold its meetings at such place or places within or without the State of New Jersey as the board may from time to time determine.

               Section 6.        Regular Meetings.  Regular meetings of theboard of directors shall be held on such day in March or April, June or July and September or October as shall be determined from time to time by the board, at 10:00 a.m. or at such other time designated by the board on such day; provided, however, thatshould said day fall upon a legal holiday, then any such meeting shall be held at the same hour and place on the next succeeding day which is not a legal holiday.  A fourth regular meeting of the board of directors shall take place immediately followingthe conclusion of the annual meeting of shareholders.  At the regular meeting of the board held immediately following the annual meeting of shareholders, the board of directors shall organize and elect officers.

               Section 7.        Special Meetings.  Special meetings of the board of directors for any purpose or purposes may be called at any time by the chairman of the board, the president, or by any three (3) directors.

               Section 8.        Notice of Meetings.  Notice of the place of each regular meeting of the board, and notice of the time and place of each  special meeting of the board, shall be given in writing to each director either by hand delivery, facsimile transmission, mailor national courier service such as Federal Express, to the address or facsimile number, as the case may be, of such director as shown upon the records of the corporation.  If such notice is delivered by hand or by facsimile transmission, it shall bedelivered or transmitted, as the case may be, at least twenty-four (24) hours prior to the time of the holding of the meeting.  If such notice is delivered by mail or national courier service, it shall be sent either by overnight mail or national courierservice (next day delivery), in which case it shall be deposited with the overnight mail or national courier service at least two days prior to the time of the holding of the meeting, or by airmail, in which case it shall be deposited in the United StatesMails at least one week prior to the time of the holding of the meeting.  Such hand delivery, facsimile transmission, mailing or national courier service delivery, as above provided, shall be due, legal and personal notice to such director.  

               Section 9.        Waiver of Notice and Consent.  The transactions of any meeting of the board, however called and noticed or wherever held, shall be as valid as though such meeting had been duly held after a regular call and notice, if a quorum be present and if,before or after the meeting, each of the directors not present signs a written waiver of notice or a consent to the holding of such meeting or an approval of the minutes thereof.  All such waivers, consents or approvals shall be filed with the corporaterecords or made a part of the minutes of the meeting.  

               Section 10.        Action without Meeting.  Any action required or permitted to be taken by the board of directors by law or these by-laws may be taken without a meeting, if, prior or subsequent to such action, all members of the board shall individually orcollectively consent in writing to such action.  Each such written consent or consents shall be filed with the minutes of the proceedings of the board.  Such action by written consent shall have the same force and effect as a unanimous vote of suchdirectors, for all purposes.  

               Section 11.        Quorum.  A majority of the entire board of directors shall constitute a quorum for the transaction of business.  

               Section 12.        Voting.  Every act or decision done or made by a majority of the directors present at a meeting duly held at which a quorum is present shall be regarded as the act of the board of directors.  In determining the presence of a quorum and the resultof a vote taken by the board, no distinction shall be made among the directors with respect to the class or classes or series of shareholders which elected them.  

               Section 13.        Presiding Officer.  The chairman of the board shall preside at all meetings of the board at which he is present.  In the absence of the chairman of the board, the president shall preside.  If the secretary of the corporation or any assistantsecretary is present, he shall record the minutes of the meeting, and if neither of them is present the board shall designate a secretary to record the minutes of the meeting.  

               Section 14.        Adjournment.  A quorum of the directors may adjourn any directors' meeting to meet again at a time and place fixed in the resolutions adjourning such meeting, and no notice of the time and place of the adjourned meeting need be given if the periodof adjournment does not exceed ten days in any one adjournment.  A meeting of directors at which less than a quorum is present may also be adjourned until the next regular meeting of the board.  

               Section 15.        Directors Emeritus.  The title of director emeritus may be conferred by the board of directors upon any former director of the corporation or of a corporation acquired by the corporation who, in the judgment of the board, has brought credit anddistinction to this corporation, or such acquired corporation, through long and faithful service.  The title hereby created is honorary only and does not carry with it the powers, duties or obligations of a director of this corporation or any other power,duty or obligation.  The title may be conferred upon as many persons as the board deems appropriate.  A director emeritus shall not be deemed a director or member of the board of directors but may attend meetings of the board and, upon invitation of thechairman, may take part in the deliberative proceedings of the board, but may not vote.  

               Section 16.        Fees and Compensation.  Directors shall receive for attendance at each regular or special meeting of the board a fixed sum and expenses of attendance, if any, and an annual fee for service as a director, such as may be allowed by resolution of theboard.  The board of directors may, if it so desires, fix one fee for directors who are officers or employees of the corporation (or who are receiving retirement benefits from it or a subsidiary or under a pension trust of a subsidiary) and a higher feefor other directors.  Nothing herein contained shall be construed to preclude any director from serving the corporation in any other capacity and receiving compensation therefor.  

 

ARTICLE IV

Committees

 

               Section 1.        Establishment of Committees.  The board of directors may, by resolution adopted by a majority of the entire board, designate an executive committee, consisting of the chairman of the board, and ten (10) other directors, and may at any timedesignate additional committees, each of which shall consist of two (2) or more directors.  Subject to the limitations contained in Section 8 of this Article IV, the executive committee shall have the maximum authority permitted by law in effect at thetime of the exercise of such authority and each other committee shall have such authority, not exceeding the authority of the executive committee, as is provided by the board of directors in the resolutions creating such committee.  

               Section 2.        Presiding Officer and Secretary.  The Board of Directors shall select a member of the board to be chairman of the executive committee.  Each other committee of the board of directors shall choose one of its members to act as chairman.  Eachcommittee shall, from time to time, designate a secretary of the Committee who shall keep a record of its proceedings. 

               Section 3.        Vacancies.  Vacancies occurring from time to time in the membership of any committee may be filled by a majority of the entire board for the unexpired term of the member whose death, resignation, removal or disability causes such vacancy, andshall be so filled, if, as the result of such vacancy, there shall be less than three (3) directors on the executive committee or less than two (2) directors on any other committee, or, in the case of the executive committee, if the chief executiveofficer should be the one whose death, resignation, removal or disability causes such vacancy.  

               Section 4.        Meetings.  Each committee shall adopt its own rules of procedure and shall meet at such stated time as it may, by resolution, appoint, and shall also meet whenever called together by the chairman of the board or the chief executive officer.  

               Section 5.        Notice of Meetings.  If the committee established regular meeting dates, it shall not be necessary to give notice of any such regular meeting.  Notice of every special meeting shall be given in the manner and within the time periods specified inSection 8 of Article III with respect to notices of special meetings of the board of directors.  Notice of any special meeting may be waived in writing by all of the absent members of the committee either before or after the meeting.  

               Section 6.        Quorum.  A quorum at any meeting of any committee shall be not less than one-half (1/2) of the entire committee.  In the case of the executive committee, however, a quorum shall be not less than three (3) members.  Every act or decision done ormade by a majority of the directors present at a committee meeting duly held at which a quorum is present shall be regarded as the act of the committee.  

               Section 7.        Reports.  Actions taken at a meeting of any committee shall be reported to the board at its next meeting following such committee meeting, except that when the meeting of the board is held within two (2) days after the committee meeting, suchreport shall, if not made at the first meeting, be made to the board at the second meeting following such committee meeting.  

               Section 8.        Limitation of Powers.  No committee of the board of directors shall have authority to do any of the following:

                              (a)        make, alter or repeal any by-law of the corporation;

                              (b)        elect or appoint any director, or remove any officer or director;

                              (c)        submit to shareholders any action that requires shareholders' approval;

                              (d)        amend or repeal any resolution theretofore adopted by the board which by its terms is amendable or repealable only by the board;

                              (e)        fix the compensation of any officer who is a member of the committee for serving as an officer of the corporation.

               Section 9.        Additional Powers of the Board.  The board shall have the power, with respect to existing committees, to

                              (a)        fill any vacancy in any such committee;

                              (b)        appoint one or more directors to serve as alternative members of any such committee to act in the absence or disability of members of any such committee with all the powers of such absent or disabled members;

                              (c)        abolish any such committee at its pleasure; and

                              (d)        remove any director from membership on such committee at any time, with or without cause. 

 

ARTICLE V

Officers

 

               Section 1.        Officers Enumerated.  The Board of Directors shall designate and elect the officers of the corporation which shall include but shall not be limited to a Chairman of the Board, a Chief Executive Officer, [ a President,] two or more members of theoffice of the President, one or more Executive Vice Presidents, Senior Vice Presidents and Vice Presidents, a Treasurer, one or more Assistant Treasurers, a Secretary and one or more Assistant Secretaries.  Any two or more offices may be held by the sameperson, except that no officer shall execute, acknowledge, or verify any instrument in more than one capacity as such instrument is required by law or by the By-Laws to be executed, acknowledged, or verified by two or more officers.  The Chairman of theBoard and the Chief Executive Officer shall be directors.  The office of the President shall initially have four members, each of whom shall be an Executive Vice President of the Corporation who shall have the duties and powers normally pertaining to thePresident of the Corporation but shall be limited to those divisions or subsidiaries for which he or she is responsible.

               Section 2.        Additional Officers.  The board of directors may from time to time elect such other officers as it shall deem necessary, who shall hold their offices for such terms and have such powers and perform such duties as shall be prescribed from time totime by the board.  

               Section 3.        Election and Term of Office.  Each officer shall hold office until the next annual election of officers, and until his successor has been elected and qualified, unless he is earlier removed.  All officers of the corporation shall hold office atthe pleasure of the board of directors. 

               Section 4.        Vacancies.  Any vacancy in an enumerated office or in any other office may be filled by the board of directors.  

               Section 5.        Removal and Resignation.  Any officer may be removed, either with or without cause, by a majority of the directors at any regular or special meeting of the board or by any officer upon whom such power of removal may be conferred by the board.Removal of an officer shall be without prejudice to his or her contract rights, if any. Election to a corporate office shall not, in and of itself, create contractual rights.  Any officer may resign at any time by giving written notice to the board or tothe president.  Any such resignation shall take effect at the date of the receipt of such notice or at any later time specified therein and, unless otherwise specified therein, the acceptance of such resignation shall not be necessary to make it effective. 

               Section 6.        Powers and Duties.  The officers shall each have such authority and perform such duties in the management of the corporation as from time to time may be prescribed by the board of directors or the executive committee and as may be delegated by thechairman of the board or the Chief Executive Officer.  Without limiting the foregoing,

                              (a) Chairman of the Board.  The Chairman of the Board shall preside at all meetings of shareholders and at all meetings of the directors.  He shall generally possess such powers and perform such duties as usually pertain to the office of the Chairman andto the office of the Chief Executive Officer.

                              (b) Chief Executive Officer.  The Chief Executive Officer of the Corporation shall, subject only to the direction and control of the Chairman of the Board and the Board of Directors, have general charge of, supervision over and responsibility for thebusiness and affairs of the Corporation.  The Chief Executive Officer shall generally possess such powers and perform such duties as usually pertain to the office of a President of a New Jersey business corporation.  In the absence of the Chairman ofBoard, the Chief Executive Officer shall preside at all meetings of Shareholders and of the Board of Directors.

                              (c)        President.  The president shall generally possess such powers and perform such duties as usually pertain to the office of the president of a New Jersey business corporation, including power to supervise the business and activities of thecorporation and to instruct, direct and control its other officers, agents and employees, and shall perform such other duties as the chairman of the board or the chief executive officer shall direct.  In the absence of the chairman of the board and thechief executive officer, he shall preside at all meetings of shareholders and of the board of directors.  

                              (d) Members of the Office of the President.  Each member of the Office of the President shall generally possess such powers and perform such duties as usually pertain to the Office of the President but shall be limited to the divisions or businesses forwhich he or she has responsibility.  Such powers and duties shall include the power to supervise the businesses and activities of such divisions and to instruct, direct and control the other officers, agents and employees of those divisions and to performsuch other duties as the Chairman of the Board or the Chief Executive Officer shall direct.

                              (e)        Vice President.  The corporation shall have one or more vice presidents as determined by the board of directors.  The board of directors may designate one or more of such vice presidents as executive vice president or senior vice president.  Allvice presidents shall have such authority and shall perform such duties as may be delegated from time to time by the chairman of the board, the chief executive officer or the board of directors.  Unless otherwise ordered by the board of directors, anyvice president may sign contracts or other instruments authorized either generally or specifically by the board of directors.  

                              (f)        Secretary.  The secretary or any assistant secretary shall cause notices of all meetings to be served as prescribed in these by-laws and shall keep the minutes of all meetings of the shareholders, board of directors and all committees of the boardof directors or shareholders, and shall have charge of the seal of the corporation.  He shall perform such other duties and possess such other powers as pertain to his office or as are assigned to him by the chairman of the board, the chief executiveofficer, the president or the board of directors.  

                              (g)        Treasurer.  The treasurer shall have the custody of the funds and securities of the corporation and shall keep or cause to be kept regular books of account for the corporation.  He shall account to the chairman of the board, the chief executiveofficer or the board of directors whenever they may require concerning all his transactions as treasurer and concerning the financial condition of the corporation.  The treasurer shall perform such other duties and possess such other powers as areincident to his office or as shall be assigned to him by the chairman of the board, the chief executive officer, or the board of directors.  

                              (h)        Controller.  The Controller shall have the immediate responsibility for the corporation's accounting practices, maintenance of its fiscal records, preparation of its financial reports and the responsibility for general accounting, cost accountingand budgetary controls functions of the corporation.  He shall be under the broad administrative direction of the Vice President, Financial and Chief Financial Officer, and shall perform such other duties and possess such other powers as are incident tohis office or as shall be assigned to him by the chairman of the board, the chief executive officer, or the board of directors.  

 

ARTICLE VI

Capital Stock and Other Securities

 

               Section 1.        Issuance of Stock and Other Securities.  Certificates of any class of capital stock of the corporation and certificates representing any other securities of the corporation shall be signed by the president or any vice president and may becountersigned by the secretary or the treasurer or the assistant secretary.  Any or all signatures upon a certificate may be a facsimile.  Such certificates shall be sealed with the seal of the corporation, or shall bear a facsimile of such seal; and suchcertificates shall be registered in such manner as the board of directors may by resolution prescribe.  

               Section 2.        Lost, Stolen and Destroyed Certificates.  In case of lost, stolen or destroyed certificates, new certificates may be issued to take their place upon receipt by the corporation of such bond of indemnity and under such regulations as shall beprescribed by the board of directors, but the giving of a bond of indemnity may be waived by the board.  

               Section 3.        Transfer of Securities.  Shares of capital stock or any other registered securities of the corporation shall be transferable on the books of the corporation by the holder thereof in person or by his authorized attorney upon surrender forcancellation to the transfer agent for such security of an outstanding certificate or certificates for the same number of shares or other security with an assignment and authorization to transfer endorsed thereon or attached thereto, duly executed,together with such proof of the authenticity of the signature and of the power of assignor to transfer such securities as the corporation or its agents may require.  

               Section 4.        Record Date for Dividends or Rights.  The board of directors may fix a record date in advance as of which shares of stock shall be held of record to entitle a shareholder to the payment of any dividend, to the allotment of rights, or to exerciserights in respect to any change, conversion or exchange of capital stock of the corporation.  Such record date shall not precede by more than sixty (60) days the date of such dividend payment, or such allotment of rights, or the date when such change,conversion or exchange of capital stock shall take effect.  Only shareholders of record on such record date shall be entitled to receive or exercise such rights or benefits when they shall accrue, notwithstanding any transfer of any stock on the books ofthe corporation subsequent to the record date which is fixed.  

               Section 5.        Issue of New Shares or Sale of Treasury Stock.  Shares of the capital stock of the corporation which have been authorized but not issued and treasury shares may be issued or sold from time to time and for such consideration as may be determined bythe board of directors. 

 

ARTICLE VII

Corporate Seal

 

               Section 1.        Form and Use.  The corporate seal shall have inscribed thereon the name of the corporation, the year of its incorporation, and the words "Corporate Seal, New Jersey".  The seal may be used by causing it or a facsimile thereof to be impressed orreproduced on a document or instrument, or affixed thereto.  

 

ARTICLE VIII

Fiscal Year

 

               Section 1.        Time.  The fiscal year of the corporation shall commence on October 1 of each calendar year.  

 

ARTICLE IX

Amendments

 

               Section 1.        Amendments by Shareholders.  These by-laws  may be altered, amended or repealed and new by-laws may be added by the shareholders.  

               Section 2.        Amendments by the Board of Directors.  Subject to the right of the shareholders provided in Section 1 of this Article IX to adopt, amend or repeal the by-laws, the board of directors may adopt, amend or repeal these by-laws; provided, however,that a by-law or amendment thereto changing the number of directors may be adopted, amended or repealed by the board of directors only for the purpose of fixing the exact number of directors within the limits specified in Article III, Section 1, hereof.  

 

ARTICLE X

Miscellaneous

 

               Section 1.        Checks, Drafts, Etc.  All checks, drafts or other orders for the payment of money, notes or other evidences of indebtedness, issued in the name of or payable to the corporation, shall be signed or endorsed by such person or persons and in suchmanner, manually or by facsimile signature, as shall be determined from time to time by the board of directors.  

               Section 2.        Execution of Contracts.  The board of directors may authorize any officer or officers, agent or agents, to enter into any contract or execute any instrument in the name of and on behalf of the corporation, and such authority may be general orconfined to specific instances and, unless so authorized by the board of directors, 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 forany purpose or for any amount.  

               Section 3.        Voting Shares of Other Corporations.  The chairman of the board, the chief executive officer or any vice president is hereby authorized to vote, represent and exercise on behalf of this corporation all rights incident to any and all shares ofstock of any other corporation or corporations standing in the name of this corporation.  The authority herein granted may be exercised on behalf of the corporation by such officers either in person or by proxy. 

               Section 4.        Employee Benefit Plans.  The corporation, by resolution of the board of directors, may adopt any one or more of the following plans for the benefit of some or all employees, as hereinafter defined, and their families, dependents or beneficiaries:

                              (a)        plans providing for the sale or distribution of its shares of any class or series, held by it or issued or purchased by it for the purpose, including stock option, stock purchase, stock bonus, profit-sharing, savings, pension, retirement, deferredcompensation and other plans of similar nature, whether or not such plans also provide for the distribution of cash or property other than its shares;

                              (b)        plans providing for payments solely in cash or property other than shares of the corporation, including profit-sharing, bonus, savings, pension, retirement, deferred compensation and other plans of similar nature; and

                              (c)        plans for the furnishing of medical service, life, sickness, accident, disability or unemployment insurance or benefits; education; housing, social and recreational service; and other similar aids and services.  

               The term "employees" as used in this Section means employees, officers, directors, and agents of the corporation or any subsidiary thereof, or other persons who are or have been actively engaged in the conduct of the business of the corporation or anysubsidiary thereof, including any who have retired, become disabled or died prior to the establishment of any plan heretofore or hereafter adopted.  

               Section 6.        Director Loans.  The corporation may lend money to or guarantee any obligation of, or otherwise assist any director of the corporation or of any subsidiary, whenever, in the judgment of the board of directors, such loan, guarantee or assistancemay reasonably be expected to benefit the corporation.  Any such loan, guarantee or other assistance may be made only when authorized by a majority of the entire board of directors and may be made with or without interest and whether unsecured or securedin such manner as the board shall approve, including, without limitation, by a pledge of shares of the corporation, and may be made upon such other terms and conditions as the board may determine.  A director shall be disqualified from voting on any loan,guarantee or other assistance proposed to be made to him or her pursuant to this section.  The statutory power of the board of directors to make such loans and guarantees and to provide other assistance to employees of the corporation other than directorsshall not in any way be limited to this section.  

                              By order of the board of directors of Bergen Brunswig Corporation this 2nd day of October, 2000.

 

 

 

	Secretary

 

 

[ Seal ]