**Exhibit 3.2**

**BYLAWS**

**OF**

**ABRAXIS BIOSCIENCE, INC.**

**(formerly known as New Abraxis, Inc.)**

**ARTICLE I**

**Offices**

**Section 1.1 Registered Office.**

The registered office of the corporation in the State of Delaware shall be in the City of Wilmington, County of New Castle. 

**Section 1.2 Other Offices.**

The corporation shall also have and maintain an office or principal place of business at 11755Wilshire Boulevard, Suite 2000, Los Angeles, CA 90025, and may also have offices at such other places, both within and without the State of Delaware as the Board of Directors may from time to time determine or the business of the corporation mayrequire. 

**ARTICLE II**

**Stockholders’ Meetings**

**Section 2.1 Place of Meetings.**

(a) Meetings of the stockholders of the corporation shall be held at such place, either within or without the State of Delaware, as may be designated byor in the manner provided in these Bylaws or, if not so designated, as determined by the Board of Directors. The Board of Directors may, in its sole discretion, determine that the meeting shall not be held at any place, but may instead be heldsolely by means of remote communication as authorized by paragraph (b) of this Section 2.1. 

(b) If authorized by the Board ofDirectors in its sole discretion, and subject to such guidelines and procedures as the Board of Directors may adopt, stockholders and proxyholders not physically present at a meeting of stockholders may, by means of remote communication: 

(1) Participate in a meeting of stockholders; and 

(2) Be deemed present in person and vote at a meeting of stockholders whether such meeting is to be held at a designated place or solelyby means of remote communication provided, that (A) the corporation shall implement reasonable measures to verify 

that each person deemed present and permitted to vote at the meeting by means of remote communication is a stockholder or proxyholder, (B) thecorporation shall implement reasonable measures to provide such stockholders and proxyholders a reasonable opportunity to participate in the meeting and to vote on matters submitted to the stockholders, including an opportunity to read or hear theproceedings of the meeting substantially concurrently with such proceedings, and (C) if any stockholder or proxyholder votes or takes other action at the meeting by means of remote communication, a record of such vote or other action shall bemaintained by the corporation. 

(c) For purposes of this Section 2.1, “remote communication” shall include(1) telephone or other voice communications and (2) electronic mail or other form of written or visual electronic communications satisfying the requirements of Section 2.11(b). 

**Section 2.2 Annual Meetings.**

Theannual meetings of the stockholders of the corporation, for the purpose of election of directors and for such other business as may lawfully come before it, shall be held on such date and at such time as may be designated from time to time by theBoard of Directors or, if not so designated, then at 10:00 a.m. on the third day of March in each year if not a legal holiday, and if a legal holiday, at the same hour and place on the next succeeding day not a holiday. 

**Section 2.3 Special Meetings.**

Special meetings of the stockholders of the corporation may be called, for any purpose or purposes, by the Chairman of the Board of Directors, the President, the Secretary or the Board of Directors at any time. 

**Section 2.4 Notice of Meetings.**

(a)Except as otherwise provided by law or the Certificate of Incorporation, written notice of each meeting of stockholders, specifying the place, if any, date and hour and purpose or purposes of the meeting, and the means of remote communications, ifany, by which stockholders and proxyholders may be deemed to be present in person and vote at such meeting shall be given not less than ten (10) nor more than sixty (60) days before the date of the meeting to each stockholder entitled tovote thereat; except that where the matter to be acted on is a merger or consolidation of the corporation or a sale, lease or exchange of all or substantially all of its assets, such notice shall be given not less than twenty (20) nor more thansixty (60) days prior to such meeting. If mailed, notice is given when deposited in the United States mail, postage prepaid, directed to the stockholder at such stockholder’s address as it appears upon the books of the corporation.

(b) If at any meeting action is proposed to be taken which, if taken, would entitle stockholders fulfilling the requirements ofSection 262(d) of the Delaware General Corporation Law (“DGCL”) to an appraisal of the fair value of their shares, the notice of such meeting shall contain a statement of that purpose and to that effect and shall be accompanied by acopy of that statutory section. 

(c) When a meeting is adjourned to another time or place, notice need not be given of the adjournedmeeting if the time and place thereof, and the means of remote communication, if any, by which stockholders and proxyholders may be deemed to be present in person and vote at such adjourned meeting, are announced at the meeting at which theadjournment is taken unless the adjournment is for more than thirty (30) days, or unless after the adjournment a new record date is fixed for the adjourned meeting, in which event a notice of the adjourned meeting shall be given to eachstockholder of record entitled to vote at the meeting. 

(d) Notice of the time, place and purpose of any meeting of stockholders may bewaived by a written waiver, signed by the person entitled to notice thereof, or a waiver by electronic transmission by such person, either before or after such meeting, and to the extent permitted by law, will be waived by any stockholder by hisattendance thereat in person, by remote communication, if applicable, or by proxy, except when the stockholder attends a meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because themeeting is not lawfully called or convened. Any stockholder so waiving notice of such meeting shall be bound by the proceedings of any such meeting in all respects as if due notice thereof had been given. 

(e) Without limiting the manner by which notice otherwise may be given effectively to stockholders, any notice to stockholders given by the corporationunder any provision of the DGCL, the Certificate of Incorporation or these Bylaws shall be effective if given by a form of electronic transmission consented to by the stockholder to whom the notice is given. Any such consent shall be revocable bythe stockholder by written notice to the corporation. Any such consent shall be deemed revoked if (i) the corporation is unable to deliver by electronic transmission two consecutive notices given by the corporation in accordance with suchconsent or (ii) such inability becomes known to the Secretary or an Assistant Secretary of the corporation or to the transfer agent or other person responsible for the giving of notice; provided, however, the inadvertent failure to treat suchinability as a revocation shall not invalidate any meeting or other action. Notice given pursuant to this subparagraph (e) shall be deemed given: (1) if by facsimile telecommunication, when directed to a number at which the stockholder hasconsented to receive notice; (2) if by electronic mail, when directed to an electronic mail address at which the stockholder has consented to receive notice; (3) if by a posting on an electronic network together with separate notice to thestockholder of such specific posting, upon the later of (A) such posting and (B) the giving of such separate notice; and (4) if by any other form of electronic transmission, when directed to the stockholder. An affidavit of theSecretary or an Assistant Secretary or of the transfer agent or other agent of the corporation that the notice has been given by a form of electronic transmission shall, in the absence of fraud, be prima facie evidence of the facts stated therein.For purposes of these Bylaws, “electronic transmission” means any form of communication, not directly involving the physical transmission of paper, that creates a record that may be retained, retrieved and reviewed by a recipient thereof,and that may be directly reproduced in paper form by such a recipient through an automated process. 

**Section 2.5 Quorum and Voting.**

(a) At all meetings of stockholders, except where otherwise provided by law, the Certificate of Incorporation or these Bylaws, thepresence, in person, by remote communication, if applicable, or by proxy duly authorized, of the holders of a majority of the shares of stock 

issued and outstanding and entitled to vote at the meeting, shall constitute a quorum for the transaction of business. Shares, the voting of which at saidmeeting have been enjoined, or which for any reason cannot be lawfully voted at such meeting, shall not be counted to determine a quorum at said meeting. In the absence of a quorum, any meeting of stockholders may be adjourned, from time to time, byvote of the holders of a majority of the shares represented thereat, but no other business shall be transacted at such meeting. At such adjourned meeting at which a quorum is present or represented any business may be transacted which might havebeen transacted at the original meeting. 

(b) Except as otherwise provided by law, the Certificate of Incorporation or these Bylaws, allactions taken by the holders of a majority of the voting power represented at any meeting at which a quorum is present shall be valid and binding upon the corporation. 

(c) Where a separate vote by a class or classes is required, a majority of the outstanding shares of such class or classes, present in person, by remote communication, if applicable, or represented by proxy shallconstitute a quorum entitled to take action with respect to that vote on that matter and the affirmative vote of the majority of shares of such class or classes present in person or represented by proxy at the meeting shall be the act of such class.

**Section 2.6 Voting Rights.**

(a) Except as otherwise provided by law, only persons in whose names shares entitled to vote stand on the stock records of the corporation on the record date for determining the stockholders entitled to vote at said meeting, shall beentitled to vote at such meeting. Shares standing in the names of two or more persons shall be voted or represented in accordance with the determination of the majority of such persons, or, if only one of such persons is present in person, by remotecommunication, if applicable, or represented by proxy, such person shall have the right to vote such shares and such shares shall be deemed to be represented for the purpose of determining a quorum. 

(b) Every person entitled to vote or execute consents shall have the right to do so either in person, by remote communication, if applicable, or by anagent or agents authorized by a written proxy executed by such person or his duly authorized agent, which proxy shall be filed with the Secretary of the corporation at or before the meeting at which it is to be used. Said proxy so appointed need notbe a stockholder. No proxy shall be voted on after three (3) years from its date of creation unless the proxy provides for a longer period. Unless and until voted, every proxy shall be revocable at the pleasure of the person who executed it orof his legal representatives or assigns, except in those cases where an irrevocable proxy permitted by statute has been given. 

(c) Withoutlimiting the manner in which a stockholder may authorize another person or persons to act for him as proxy pursuant to subsection (b) of this section, the following shall constitute a valid means by which a stockholder may grant such authority:

(1) A stockholder may execute a writing authorizing another person or persons to act for him as proxy. Execution may beaccomplished by the stockholder or his authorized officer, director, employee or agent signing such writing or causing his or her signature to be affixed to such writing by any reasonable means including, but not limited to, by facsimile signature.

(2) A stockholder may authorize another person or persons to act for him as proxy bytransmitting or authorizing the transmission of a telegram, cablegram or other means of electronic transmission to the person who will be the holder of the proxy or to a proxy solicitation firm, proxy support service organization or like agent dulyauthorized by the person who will be the holder of the proxy to receive such transmission, provided that any such telegram, cablegram or other means of electronic transmission must either set forth or be submitted with information from which it canbe determined that the telegram, cablegram or other electronic transmission was authorized by the stockholder. Such authorization can be established by the signature of the stockholder on the proxy, either in writing or by a signature stamp orfacsimile signature, or by a number or symbol from which the identity of the stockholder can be determined, or by any other procedure deemed appropriate by the inspectors or other persons making the determination as to due authorization. 

(3) If it is determined that such telegrams, cablegrams or other electronic transmissions are valid, the inspectors or, if there are noinspectors, such other persons making that determination shall specify the information upon which they relied. 

(d) Any copy, facsimiletelecommunication or other reliable reproduction of the writing or transmission created pursuant to subsection (c) of this section may be substituted or used in lieu of the original writing or transmission for any and all purposes for which theoriginal writing or transmission could be used, provided that such copy, facsimile telecommunication or other reproduction shall be a complete reproduction of the entire original writing or transmission. 

**Section 2.7 Voting Procedures and Inspectors of Elections.**

(a) The corporation shall, in advance of any meeting of stockholders, appoint one or more inspectors to act at the meeting and make a written report thereof. The corporation may designate one or more persons asalternate inspectors to replace any inspector who fails to act. If no inspector or alternate is able to act at a meeting of stockholders, the person presiding at the meeting shall appoint one or more inspectors to act at the meeting. Each inspector,before entering upon the discharge of his duties, shall take and sign an oath faithfully to execute the duties of inspector with strict impartiality and according to the best of his ability. 

(b) The inspectors shall (i) ascertain the number of shares outstanding and the voting power of each, (ii) determine the shares represented ata meeting and the validity of proxies and ballots, (iii) count all votes and ballots, (iv) determine and retain for a reasonable period a record of the disposition of any challenges made to any determination by the inspectors and(v) certify their determination of the number of shares represented at the meeting and their count of all votes and ballots. The inspectors may appoint or retain other persons or entities to assist the inspectors in the performance of theduties of the inspectors. 

(c) The date and time of the opening and the closing of the polls for each matter upon which the stockholderswill vote at a meeting shall be announced at the meeting. No ballot, proxies or votes, nor any revocations thereof or changes thereto, shall be accepted by the inspectors after the closing of the polls unless the Court of Chancery upon applicationby a stockholder shall determine otherwise. 

(d) In determining the validity and counting of proxies and ballots, the inspectors shall be limited toan examination of the proxies, any envelopes submitted with those proxies, any information provided in accordance with Sections 211(e) or 212(c)(2) of the DGCL or any information provided pursuant to Section 211(a)(2)(B)(i) or(iii) thereof, ballots and the regular books and records of the corporation, except that the inspectors may consider other reliable information for the limited purpose of reconciling proxies and ballots submitted by or on behalf of banks,brokers, their nominees or similar persons which represent more votes than the holder of a proxy is authorized by the record owner to cast or more votes than the stockholder holds of record. If the inspectors consider other reliable information forthe limited purpose permitted herein, the inspectors at the time they make their certification pursuant to subsection (b)(v) of this section shall specify the precise information considered by them, including the person or persons from whom theyobtained the information, when the information was obtained, the means by which the information was obtained and the basis for the inspectors’ belief that such information is accurate and reliable. 

**Section 2.8 List of Stockholders.**

The officer who has charge of the stock ledger of the corporation shall prepare and make, at least ten (10) days before every meeting of stockholders, a complete list of the stockholders entitled to vote at said meeting, arranged inalphabetical order, showing the address of and the number of shares registered in the name of each stockholder. The corporation need not include electronic mail addresses or other electronic contact information on such list. Such list shall be opento the examination of any stockholder, for any purpose germane to the meeting for a period of at least ten (10) days prior to the meeting: (i) on a reasonably accessible electronic network, provided that the information required to gainaccess to such list is provided with the notice of the meeting, or (ii) during ordinary business hours, at the principal place of business of the corporation. In the event that the corporation determines to make the list available on anelectronic network, the corporation may take reasonable steps to ensure that such information is available only to stockholders of the corporation. If the meeting is to be held at a place, then the list shall be produced and kept at the time andplace of meeting during the whole time thereof and may be inspected by any stockholder who is present. If the meeting is to be held solely by means of remote communication, then the list shall also be open to the examination of any stockholderduring the whole time of the meeting on a reasonably accessible electronic network, and the information required to access such list shall be provided with the notice of the meeting. 

**Section 2.9 Stockholder Proposals at Annual Meetings.**

At an annual meeting of the stockholders, only such business shall be conducted as shall have been properly brought before the meeting. To be properly brought before an annual meeting, business must be specified inthe notice of meeting (or any supplement thereto) given by or at the direction of the Board of Directors, otherwise properly brought before the meeting by or at the direction of the Board of Directors or otherwise properly brought before the meetingby a stockholder. In addition to any other applicable requirements, for business to be properly brought before an annual meeting by a stockholder, the stockholder must have given timely 

notice thereof in writing to the Secretary of the corporation. To be timely, a stockholder’s notice must be delivered to or mailed and received at theprincipal executive offices of the corporation not less than one hundred twenty (120) calendar days prior to the date on which the corporation first mailed its proxy materials for the previous year’s annual meeting of stockholders. Ifduring the prior year the corporation did not hold an annual meeting, or if the date of the annual meeting was changed more than thirty (30) days from the prior year’s meeting, then the deadline is a reasonable time before the corporationbegins to print and mail its proxy materials. A stockholder’s notice to the Secretary shall set forth as to each matter the stockholder proposes to bring before the annual meeting (i) a brief description of the business desired to bebrought before the annual meeting and the reasons for conducting such business at the annual meeting, (ii) the name and record address of the stockholder proposing such business, (iii) the class and number of shares of the corporationwhich are beneficially owned by the stockholder and (iv) any material interest of the stockholder in such business. 

Notwithstandinganything in the Bylaws to the contrary, no business shall be conducted at the annual meeting except in accordance with the procedures set forth in Section 2.1 and this Section 2.9; provided, however, that nothing in this Section 2.9shall be deemed to preclude discussion by any stockholder of any business properly brought before the annual meeting in accordance with said procedure. 

The Chairman of an annual meeting shall, if the facts warrant, determine and declare to the meeting that business was not properly brought before the meeting in accordance with the provisions of Section 2.1 andthis Section 2.9, and, if he should so determine, he shall so declare to the meeting and any such business not properly brought before the meeting shall not be transacted. 

Nothing in this Section 2.9 shall affect the right of a stockholder to request inclusion of a proposal in the corporation’s proxy statement tothe extent that such right is provided by an applicable rule of the Securities and Exchange Commission. 

**Section 2.10 Nominations ofPersons for Election to the Board of Directors.**

In addition to any other applicable requirements, only persons who are nominated inaccordance with the following procedures shall be eligible for election as directors. Nominations of persons for election to the Board of Directors of the corporation may be made at a meeting of stockholders by or at the direction of the Board ofDirectors, by any nominating committee or person appointed by the Board of Directors or by any stockholder of the corporation entitled to vote for the election of directors at the meeting who complies with the notice procedures set forth in thisSection 2.10. Such nominations, other than those made by or at the direction of the Board of Directors, shall be made pursuant to timely notice in writing to the Secretary of the corporation. To be timely, a stockholder’s notice must bedelivered to or mailed and received at the principal executive offices of the corporation not less than one hundred twenty (120) calendar days prior to the date on which the corporation first mailed its proxy materials for the previousyear’s annual meeting of stockholders. If during the prior year the corporation did not hold an annual meeting, or if the date of the annual meeting was changed more than thirty (30) days from the previous year’s meeting, then thedeadline is a reasonable time before the corporation begins to print and mail its proxy materials. Such stockholder’s notice shall set forth (a) as to each 

person whom the stockholder proposes to nominate for election or re-election as a director, (i) the name, age, business address and residence address ofthe person, (ii) the principal occupation or employment of the person, (iii) the class and number of shares of the corporation which are beneficially owned by the person and (iv) any other information relating to the person that isrequired to be disclosed in solicitations for proxies for election of directors pursuant to Rule 14a under the Securities Exchange Act of 1934, as amended; and (b) as to the stockholder giving the notice, (i) the name and recordaddress of the stockholder, and (ii) the class and number of shares of the corporation which are beneficially owned by the stockholder. The corporation may require any proposed nominee to furnish such other information as may reasonably berequired by the corporation to determine the eligibility of such proposed nominee to serve as a director of the corporation. No person shall be eligible for election as a director of the corporation unless nominated in accordance with the proceduresset forth herein. These provisions shall not apply to nomination of any persons entitled to be separately elected by holders of preferred stock. 

The Chairman of the meeting shall, if the facts warrant, determine and declare to the meeting that a nomination was not made in accordance with the foregoing procedure and, if he should so determine, he shall so declare to the meeting andthe defective nomination shall be disregarded. 

**Section 2.11 Action Without Meeting.**

(a) Unless otherwise provided in the Certificate of Incorporation, any action required by statute to be taken at any annual or special meeting ofstockholders of the corporation, or any action which may be taken at any annual or special meeting of such stockholders, may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth theaction so taken, are signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present andvoted. To be effective, a written consent must be delivered to the corporation by delivery to its registered office in Delaware, its principal place of business or an officer or agent of the corporation having custody of the book in whichproceedings of meetings of stockholders are recorded. Delivery made to a corporation’s registered office shall be by hand or by certified or registered mail, return receipt requested. Every written consent shall bear the date of signature ofeach stockholder who signs the consent and no written consent shall be effective to take the corporate action referred to therein unless, within sixty (60) days of the earliest dated consent delivered in the manner required by thisSection 2.11 to the corporation, written consents signed by a sufficient number of holders to take action are delivered to the corporation in accordance with this Section 2.11. Prompt notice of the taking of the corporate action without ameeting by less than unanimous written consent shall be given to those stockholders who have not consented in writing. 

(b) A telegram,cablegram or other electronic transmission consent to an action to be taken and transmitted by a stockholder or proxyholder, or by a person or persons authorized to act for a stockholder or proxyholder, shall be deemed to be written, signed anddated for the purposes of this Section, provided that any such telegram, cablegram or other electronic transmission sets forth or is delivered with information from which the corporation can determine (i) that the telegram, cablegram or otherelectronic transmission was transmitted by the 

stockholder or proxyholder or by a person or persons authorized to act for the stockholder or proxyholder and (ii) the date on which such stockholder orproxyholder or authorized person or persons transmitted such telegram, cablegram or electronic transmission. The date on which such telegram, cablegram or electronic transmission is transmitted shall be deemed to be the date on which such consentwas signed. No consent given by telegram, cablegram or other electronic transmission shall be deemed to have been delivered until such consent is reproduced in paper form and until such paper form shall be delivered to the corporation by delivery toits registered office in this State, its principal place of business or an officer or agent of the corporation having custody of the book in which proceedings of meetings of stockholders are recorded. Delivery made to a corporation’s registeredoffice shall be made by hand or by certified or registered mail, return receipt requested. Notwithstanding the foregoing limitations on delivery, consents given by telegram, cablegram or other electronic transmission may be otherwise delivered tothe principal place of business of the corporation or to an officer or agent of the corporation having custody of the book in which proceedings of meetings of stockholders are recorded if to the extent and in the manner provided by resolution of theBoard of Directors of the corporation. 

(c) Any copy, facsimile or other reliable reproduction of a consent in writing may be substitutedor used in lieu of the original writing for any and all purposes for which the original writing could be used, provided that such copy, facsimile or other reproduction shall be a complete reproduction of the entire original writing. 

**ARTICLE III**

**Directors**

**Section 3.1 Number and Term of Office.**

The number of directors of the corporation shall be determined from time to time by resolution of the Board of Directors; provided, that the Board of Directors shall consist of at least one (1) member.

With the exception of the first Board of Directors, which shall be elected by the incorporator, and except as otherwise provided by law,the Certificate of Incorporation or these Bylaws, directors shall be elected by a plurality vote of the shares present in person, by remote communication, if applicable, or represented by proxy at the stockholders’ annual meeting in each yearand entitled to vote on the election of directors. Elected directors shall hold office until the next annual meeting and until their successors shall be duly elected and qualified, or until such director’s earlier death, resignation or removal.Directors need not be stockholders unless so required by the Certificate of Incorporation. If, for any cause, the Board of Directors shall not have been elected at an annual meeting, they may be elected as soon thereafter as convenient at a specialmeeting of the stockholders called for that purpose in the manner provided in these Bylaws. 

**Section 3.2 Powers.**

The powers of the corporation shall be exercised, its business conducted and its property controlled by or under the direction of the Board of Directors, except as may be otherwise provided by law or by theCertificate of Incorporation. 

**Section 3.3 Vacancies.**

Unless otherwise provided in the Certificate of Incorporation, any vacancies, and any newly created directorships resulting from any increase in the authorized number of directors, may be filled by the affirmativevote of a majority of the directors then in office, even though less than a quorum of the Board of Directors, or by a sole remaining director. Each director so elected shall hold office for the unexpired portion of the term of the director whoseplace shall be vacant, and until his successor shall have been duly elected and qualified. A vacancy in the Board of Directors shall be deemed to exist under this Section in the case of the death, removal or resignation of any director, or if thestockholders fail at any meeting of stockholders at which directors are to be elected (including any meeting referred to in Section 3.4 below) to elect the number of directors then constituting the whole Board. 

**Section 3.4 Resignations and Removals.**

(a) Any director may resign at any time by delivering his resignation in writing or by electronic transmission to the Secretary, such resignation to specify whether it will be effective at a particular time, upon receipt by the Secretary orat the pleasure of the Board of Directors. If no such specification is made, it shall be deemed effective at the pleasure of the Board of Directors. When one or more directors shall resign from the Board of Directors effective at a future date, amajority of the directors then in office, including those who have so resigned, shall have power to fill such vacancy or vacancies, the vote thereon to take effect when such resignation or resignations shall become effective, and each director sochosen shall hold office for the unexpired portion of the term of the director whose place shall be vacated and until his successor shall have been duly elected and qualified. 

(b) At a special meeting of stockholders called for the purpose in the manner herein above provided, the Board of Directors, or any individual director,may be removed from office, with or without cause, and a new director or directors elected by a vote of stockholders holding a majority of the outstanding shares entitled to vote at an election of directors. 

**Section 3.5 Meetings.**

(a) Theannual meeting of the Board of Directors shall be held immediately after the annual stockholders’ meeting and at the place, if any, where such meeting is held or at the place announced by the Chairman at such meeting. No notice of an annualmeeting of the Board of Directors shall be necessary and such meeting shall be held for the purpose of electing officers and transacting such other business as may lawfully come before it. 

(b) Regular meetings of the Board of Directors shall be held at such place, either within or without the State of Delaware, as may be designated byresolutions of the Board of Directors or the written consent of all directors, either orally or in writing, by telephone, 

including a voice-messaging system or other system designed to record and communicate messages, facsimile, telegraph or telex, or by electronic mail or otherelectronic means. 

(c) Special meetings of the Board of Directors may be held at any time and place within or without the State of Delawarewhenever called by the Chairman of the Board or, if there is no Chairman of the Board, by the President or by a majority of the directors. 

(d) Notice of the time and place of all regular and special meetings of the Board of Directors shall be made orally or in writing, by telephone, including a voice messaging system or other system designed to record and communicate messages,facsimile, telegraph or telex, or by electronic mail or other electronic means, during normal business hours,, or sent by first class mail at least twenty-four (24) hours before the start of the meeting. Notice of any meeting may be waived inwriting, or by electronic transmission, at any time before or after the meeting and will be waived by any director by attendance thereat, except when the director attends the meeting for the express purpose of objecting, at the beginning of themeeting, to the transaction of any business because the meeting is not lawfully called or convened. 

**Section 3.6 Quorum and Voting.**

(a) A quorum of the Board of Directors shall consist of a majority of the exact number of directors fixed from time to time by resolutionof the Board of Directors, but not less than one; provided, however, at any meeting whether a quorum be present or otherwise, a majority of the directors present may adjourn from time to time until the time fixed for the next regular meeting of theBoard of Directors, without notice other than by announcement at the meeting. 

(b) At each meeting of the Board of Directors at which aquorum is present, all questions and business shall be determined by a vote of a majority of the directors present, unless a different vote be required by law, the Certificate of Incorporation or these Bylaws. 

(c) Any member of the Board of Directors, or of any committee thereof, may participate in a meeting of such Board of Directors or committee by means ofconference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and participation in a meeting by such means shall constitute presence in person at such meeting. 

(d) The transactions of any meeting of the Board of Directors, or any committee thereof, however called or noticed, or wherever held, shall be as validas though had at a meeting duly held after regular call and notice, if a quorum be present and if, either before or after the meeting, each of the directors not present shall sign a written waiver of notice, or a consent to holding such meeting, oran approval of the minutes thereof. All such waivers, consents or approvals shall be filed with the corporate records or made a part of the minutes of the meeting. 

**Section 3.7 Action Without Meeting.**

Unless otherwise restricted by the Certificate of Incorporationor these Bylaws, any action required or permitted to be taken at any meeting of the Board of Directors or of any committee thereof may be taken without a meeting, if all members of the Board of Directors or 

committee, as the case may be, consent thereto in writing, or by electronic transmission, and such writing or writings or electronic transmission ortransmissions are filed with the minutes of proceedings of the Board of Directors or committee. Such filing shall be in paper form if the minutes are maintained in paper form and shall be in electronic form if the minutes are maintained inelectronic form. 

**Section 3.8 Fees and Compensation.**

Directors and members of committees may receive such compensation, if any, for their services, and such reimbursement for expenses, as may be fixed or determined by resolution of the Board of Directors. 

**Section 3.9 Committees.**

(a)**Executive Committee:** The Board of Directors may appoint an Executive Committee to consist of one (1) or more members of the Board of Directors. The Executive Committee, to the extent permitted by law, shall have and may exercise when theBoard of Directors is not in session all the powers and authority of the Board of Directors in the management of the business and affairs of the Corporation, except such committee shall not have the power or authority to adopt, amend or repeal theseBylaws or to approve or adopt, or recommend to the stockholders, any action which must be submitted to stockholders for approval under the DGCL. 

(b) **Other Committees:**The Board of Directors may, by resolution passed by a majority of the whole Board, from time to time appoint such other committees as may be permitted by law. Such other committees appointed by the Board ofDirectors shall consist of one (1) or more members of the Board of Directors and shall have such powers and perform such duties as may be prescribed by the resolution or resolutions creating such committees, but in no event shall any suchcommittees have the powers denied to the Executive Committee in these Bylaws. 

(c) **Term:** The members of all committees of the Boardof Directors shall serve a term coexistent with that of the Board of Directors which shall have appointed such committee. The Board of Directors, subject to the provisions of subsections (a) or (b) of this Section 3.9, may at any timeincrease or decrease the number of members of a committee or terminate the existence of a committee; provided, that no committee shall consist of less than one (1) member. The membership of a committee member shall terminate on the date of hisdeath or voluntary resignation, but the Board of Directors may at any time for any reason remove any individual committee member and the Board of Directors may fill any committee vacancy created by death, resignation, removal or increase in thenumber of members of the committee. The Board of Directors may designate one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee and, in addition, in the absenceor disqualification of any member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not he or they constitute a quorum, may unanimously appoint another member of the Board of Directorsto act at the meeting in the place of any such absent or disqualified member. 

(a) (d) **Meetings:** Unless the Board of Directors shall otherwise provide, regular meetings of theExecutive Committee or any other committee appointed pursuant to this Section 3.9 shall be held at such times and places, either within or without the State of Delaware, as are determined by the Board of Directors or such committee, and whennotice thereof has been given to each member of such committee, no further notice of such regular meetings need be given thereafter. Special meetings of any such committee may be held at any place, either within or without the State of Delaware,which has been designated from time to time by resolution of such committee or by written consent of all members thereof, either orally or in writing, by telephone, including a voice-messaging system or other system designed to record andcommunicate messages, facsimile, telegraph or telex, or by electronic mail or other electronic means, and may be called by any director who is a member of such committee, upon written notice to the members of such committee of the time and place ofsuch special meeting given in the manner provided for the giving of written notice to members of the Board of Directors of the time and place of special meetings of the Board of Directors. Any member of any committee may participate in a meeting ofsuch committee by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and participation in a meeting by such means shall constitute presence in person atsuch meeting. Notice of any special meeting of any committee may be waived in writing, or by electronic transmission, at any time after the meeting and will be waived by any director by attendance thereat, except when the director attends suchspecial meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the special meeting is not lawfully called or convened. A majority of the authorized number of members of any suchcommittee shall constitute a quorum for the transaction of business, and the act of a majority of those present at any meeting at which a quorum is present shall be the act of such committee. 

**ARTICLE IV**

**Officers**

**Section 4.1 Officers Designated.**

The officers of the corporation shall be a President, a Secretary and a Treasurer. The Board of Directors or the President may also appoint a Chairman of the Board, one or more Vice-Presidents, Assistant Secretaries, Assistant Treasurersand such other officers and agents with such powers and duties as it or he shall deem necessary. The order of the seniority of the Vice- Presidents shall be in the order of their nomination, unless otherwise determined by the Board of Directors. TheBoard of Directors may assign such additional titles to one or more of the officers as it shall deem appropriate. Any one person may hold any number of offices of the corporation at any one time unless specifically prohibited therefrom by law. Thesalaries and other compensation of the officers of the corporation shall be fixed by or in the manner designated by the Board of Directors. 

**Section 4.2 Tenure and Duties of Officers.**

(a) **General:** All officers shall hold office at the pleasure of the Boardof Directors and until their successors shall have been duly elected and qualified, unless sooner removed. 

Any officer elected or appointed by the Board of Directors may be removed at any time by the Board of Directors. If the office of any officer becomes vacantfor any reason, the vacancy may be filled by the Board of Directors. Nothing in these Bylaws shall be construed as creating any kind of contractual right to employment with the corporation. 

(b) **Duties of the Chairman of the Board of Directors:**The Chairman of the Board of Directors (if there be such an officer appointed) shall, whenpresent, preside at all meetings of the stockholders and the Board of Directors. The Chairman of the Board of Directors shall perform such other duties and have such other powers as the Board of Directors shall designate from time to time.

(c) **Duties of Chief Executive Officer:** The Chief Executive Officer shall, subject to the direction of the Board of Directors, havegeneral charge and supervision of the business of the corporation. Unless otherwise provided by the Board of Directors, he shall preside at all meetings of the stockholders and, if he is a director, at all meetings of the Board of Directors. TheChief Executive Officer shall perform such other duties and have such other powers as the Board of Directors shall designate from time to time. 

(d) **Duties of President:** The President shall be the Chief Executive Officer of the corporation, unless the Board of Directors shall otherwise determine by resolution, and shall preside at all meetings of the stockholders and at allmeetings of the Board of Directors, unless the Chairman of the Board of Directors has been appointed and is present. The President shall perform such other duties and have such other powers as the Board of Directors shall designate from time totime. 

(e) **Duties of Vice-Presidents:** The Vice-Presidents, in the order of their seniority, may assume and perform the duties of thePresident in the absence or disability of the President or whenever the office of the President is vacant. The Vice-President shall perform such other duties and have such other powers as the Board of Directors or the President shall designate fromtime to time. 

(f) **Duties of Secretary:** The Secretary shall attend all meetings of the stockholders and of the Board of Directorsand any committee thereof and shall record all acts and proceedings thereof in the minute book of the corporation. The Secretary shall give notice, in conformity with these Bylaws, of all meetings of the stockholders and of all meetings of the Boardof Directors and any Committee thereof requiring notice. The Secretary shall perform such other duties and have such other powers as the Board of Directors shall designate from time to time. The President may direct any Assistant Secretary to assumeand perform the duties of the Secretary in the absence or disability of the Secretary, and each Assistant Secretary shall perform such other duties and have such other powers as the Board of Directors or the President shall designate from time totime. 

(g) **Duties of Treasurer:** The Treasurer shall keep or cause to be kept the books of account of the corporation in a thoroughand proper manner and shall render statements of the financial affairs of the corporation in such form and as often as required by the Board of Directors or the President. The Treasurer, subject to the order of the Board of Directors, shall have thecustody of all funds and securities of the corporation. The Treasurer shall perform all 

other duties commonly incident to his office and shall perform such other duties and have such other powers as the Board of Directors or the President shalldesignate from time to time. The President may direct any Assistant Treasurer to assume and perform the duties of the Treasurer in the absence or disability of the Treasurer, and each Assistant Treasurer shall perform such other duties and have suchother powers as the Board of Directors or the President shall designate from time to time. 

**ARTICLE V**

**Execution of Corporate Instruments, and**

**Voting of Securities Owned by the Corporation**

**Section 5.1 Execution of Corporate Instruments.**

(a) The Board of Directors may, in its discretion, determine the method and designate the signatory officer or officers, or other person or persons, toexecute on behalf of the corporation any corporate instrument or document, or to sign on behalf of the corporation the corporate name without limitation, except where otherwise provided by law or these Bylaws, and such execution or signature shallbe binding upon the corporation. 

(b) Unless otherwise specifically determined by the Board of Directors or otherwise required by law,formal contracts of the corporation, promissory notes, deeds of trust, mortgages and other evidences of indebtedness of the corporation, and other corporate instruments or documents requiring the corporate seal, and certificates of shares of stockowned by the corporation, shall be executed, signed or endorsed by the Chairman of the Board (if there be such an officer appointed), the President or the Chief Executive Officer or any other executive officer. All other instruments and documentsrequiring the corporate signature, but not requiring the corporate seal, may be executed as aforesaid or in such other manner as may be directed by the Board of Directors. 

(c) All checks and drafts drawn on banks or other depositaries on funds to the credit of the corporation, or in special accounts of the corporation,shall be signed by such person or persons as the Board of Directors shall authorize so to do. 

(d) Execution of any corporate instrumentmay be effected in such form, either manual, facsimile, or electronic signature, as may be authorized by the Board of Directors. 

**Section 5.2 Voting of Securities Owned by Corporation.**

All stock and other securities of other corporations owned or heldby the corporation for itself, or for other parties in any capacity, shall be voted, and all proxies with respect thereto shall be executed, by the person authorized so to do by resolution of the Board of Directors or, in the absence of suchauthorization, by the Chairman of the Board (if there be such an officer appointed), or by the President, or by any other executive officer. 

**ARTICLE VI**

**Shares of Stock**

**Section 6.1 Form and Execution of Certificates.**

Certificates for the shares of stock of the corporation shall be in such form as is consistent with the Certificate of Incorporation and applicable law.Every holder of stock in the corporation shall be entitled to have a certificate signed by, or in the name of the corporation by, the Chairman of the Board (if there be such an officer appointed), or by the President or any Vice-President and by theTreasurer or Assistant Treasurer or the Secretary or Assistant Secretary, certifying the number of shares owned by him in the corporation. Any or all of the signatures on the certificate may be a facsimile. In case any officer, transfer agent orregistrar who has signed or whose facsimile signature has been placed upon a certificate shall have ceased to be such officer, transfer agent or registrar before such certificate is issued, it may be issued with the same effect as if he were suchofficer, transfer agent or registrar at the date of issue. If the corporation shall be authorized to issue more than one class of stock or more than one series of any class, the powers, designations, preferences and relative, participating, optionalor other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights shall be set forth in full or summarized on the face or back of the certificate which thecorporation shall issue to represent such class or series of stock; provided that, except as otherwise provided in Section 202 of the DGCL, in lieu of the foregoing requirements, there may be set forth on the face or back of the certificatewhich the corporation shall issue to represent such class or series of stock, a statement that the corporation will furnish without charge to each stockholder who so requests the powers, designations, preferences and relative, participating,optional or other special rights of each class of stock or series thereof and the qualifications, limitations or restrictions of such preferences and/or rights. 

**Section 6.2 Lost Certificates.**

The Board of Directors may direct a new certificate or certificatesto be issued in place of any certificate or certificates theretofore issued by the corporation alleged to have been lost, stolen or destroyed, upon the making of an affidavit of that fact by the person claiming the certificate of stock to be lost,stolen or destroyed. When authorizing such issue of a new certificate or certificates, the Board of Directors may, in its discretion and as a condition precedent to the issuance thereof, require the owner of such lost or destroyed certificate orcertificates, or his legal representative, to indemnify the corporation in such manner as it shall require and/or to give the corporation a surety bond in such form and amount as it may direct as indemnity against any claim that may be made againstthe corporation with respect to the certificate alleged to have been lost, stolen or destroyed. 

**Section 6.3 Transfers.**

Transfers of record of shares of stock of the corporation shall be made only upon its books by the holders thereof, in person or by attorney dulyauthorized, and upon the surrender of a certificate or certificates for a like number of shares, properly endorsed. 

**Section 6.4 Fixing Record Dates.**

(a) In order that the corporation may determine the stockholders entitled to notice of or to vote at any meeting of stockholders or any adjournmentthereof, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which record date shall not be more than sixty(60) nor less than ten (10) days before the date of such meeting. If no record date is fixed by the Board of Directors, the record date for determining stockholders entitled to notice of or to vote at a meeting of stockholders for any suchpurpose shall be at the close of business on the day next preceding the day on which notice is given or, if notice is waived, at the close of business on the day next preceding the date on which the meeting is held. A determination of stockholdersof record entitled notice of or to vote at a meeting of stockholders shall apply to any adjournment of the meeting; provided, however, that the Board of Directors may fix a new record date for the adjourned meeting. 

(b) In order that the corporation may determine the stockholders entitled to consent to corporate action in writing without a meeting, the Board ofDirectors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which date shall not be more than ten (10) days after the date upon whichthe resolution fixing the record date is adopted by the Board of Directors. If no record date has been fixed by the Board of Directors, the record date for determining stockholders entitled to consent to corporate action in writing without ameeting, when no prior action by the Board of Directors is required by the DGCL, shall be the first date on which a signed written consent setting forth the action taken or proposed to be taken is delivered to the corporation by delivery to itsregistered office in Delaware, its principal place of business or an officer or agent of the corporation having custody of the book in which proceedings of meetings of stockholders are recorded. Delivery made to a corporation’s registeredoffice shall be by hand or by certified or registered mail, return receipt requested. If no record date has been fixed by the Board of Directors and prior action by the Board of Directors is required by law, the record date for determiningstockholders entitled to consent to corporate action in writing without a meeting shall be at the close of business on the day on which the Board of Directors adopts the resolution taking such prior action. 

(c) In order that the corporation may determine the stockholders entitled to receive payment of any dividend or other distribution or allotment of anyrights or the stockholders entitled to exercise any rights in respect of any change, conversion or exchange of stock, or for the purpose of any other lawful action, the Board of Directors may fix a record date, which record date shall not precedethe date upon which the resolution fixing the record date is adopted, and which record date shall be not more than sixty (60) days prior to such action. If no record date is fixed, the record date for determining stockholders for any suchpurpose shall be at the close of business on the day on which the Board of Directors adopts the resolution relating thereto. 

**Section6.5 Registered Stockholders.**

The corporation shall be entitled to recognize the exclusive right of a person registered on its books asthe owner of shares to receive dividends, and to vote as such owner, and shall not be 

bound to recognize any equitable or other claim to or interest in such share or shares on the part of any other person, whether or not it shall have expressor other notice thereof, except as otherwise provided by the laws of Delaware. 

**Section 6.6 Other Securities of the Corporation.**

All bonds, debentures and other corporate securities of the corporation, other than stock certificates, may be signed by the Chairman ofthe Board (if there be such an officer appointed), or the President or any other executive officer or such other person as may be authorized by the Board of Directors, and the corporate seal impressed thereon or a facsimile of such seal imprintedthereon and attested by the signature of the Secretary or an Assistant Secretary, or the Treasurer or an Assistant Treasurer; provided, however, that where any such bond, debenture or other corporate security shall be authenticated by the manualsignature of a trustee under an indenture pursuant to which such bond, debenture or other corporate security shall be issued, the signatures of the persons signing and attesting the corporate seal on such bond, debenture or other corporate securitymay be the imprinted facsimile of the signatures of such persons. Interest coupons appertaining to any such bond, debenture or other corporate security, authenticated by a trustee as aforesaid, shall be signed by the Treasurer or an AssistantTreasurer of the corporation, or such other person as may be authorized by the Board of Directors, or bear imprinted thereon the facsimile signature of such person. In case any officer who shall have signed or attested any bond, debenture or othercorporate security, or whose facsimile signature shall appear thereon or before the bond, debenture or other corporate security so signed or attested shall have been delivered, such bond, debenture or other corporate security nevertheless may beadopted by the corporation and issued and delivered as though the person who signed the same or whose facsimile signature shall have been used thereon had not ceased to be such officer of the corporation. 

**ARTICLE VII**

**Indemnification ofOfficers, Directors, Employees and Agents**

**Section 7.1 Right to Indemnification.**

Each person who was or is a party or is threatened to be made a party to or is involved (as a party, witness, or otherwise), in any threatened, pendingor completed action, suit or proceeding, whether civil, criminal, administrative or investigative (hereinafter a “Proceeding”), by reason of the fact that he, or a person of whom he is the legal representative, is or was a director,officer, employee or agent of the corporation or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation or of a partnership, joint venture, trust or other enterprise, including servicewith respect to employee benefit plans, whether the basis of the Proceeding is alleged action in an official capacity as a director, officer, employee or agent or in any other capacity while serving as a director, officer, employee or agent(hereafter an “Agent”), shall be indemnified and held harmless by the corporation to the fullest extent authorized by the DGCL, as the same exists or may hereafter be amended or interpreted (but, in the case of any such amendment orinterpretation, only to the extent that such amendment or interpretation permits the corporation to provide broader indemnification rights than were permitted prior thereto) against all expenses, liability and loss (including attorneys’ 

fees, judgments, fines, ERISA excise taxes or penalties, and amounts paid or to be paid in settlement, and any interest, assessments or other charges imposedthereon, and any federal, state, local or foreign taxes imposed on any Agent as a result of the actual or deemed receipt of any payments under this Article) reasonably incurred or suffered by such person in connection with investigating, defending,being a witness in, or participating in (including on appeal), or preparing for any of the foregoing in, any Proceeding (hereinafter “Expenses”); provided, however, that except as to actions to enforce indemnification rights pursuant toSection 7.3 of this Article, the corporation shall indemnify any Agent seeking indemnification in connection with a Proceeding (or part thereof) initiated by such person only if the Proceeding (or part thereof) was authorized by the Board ofDirectors of the corporation. The right to indemnification conferred in this Article shall be a contract right. 

**Section 7.2 Authorityto Advance Expenses.**

Expenses incurred by an officer or director (acting in his capacity as such) in defending a Proceeding shall bepaid by the corporation in advance of the final disposition of such Proceeding; provided, however, that if required by the DGCL, such Expenses shall be advanced only upon delivery to the corporation of an undertaking by or on behalf of such directoror officer to repay such amount if it shall ultimately be determined that he is not entitled to be indemnified by the corporation as authorized in this Article or otherwise. Expenses incurred by other Agents of the corporation (or by the directorsor officers not acting in their capacity as such, including service with respect to employee benefit plans) may be advanced upon such terms and conditions as the Board of Directors deems appropriate. Any obligation to reimburse the corporation forExpense advances shall be unsecured and no interest shall be charged thereon. 

**Section 7.3 Right of Claimant to Bring Suit.**

If a claim under Section 7.1 or 7.2 of this Article is not paid in full by the corporation within 180 days after a writtenclaim has been received by the corporation, the claimant may at any time thereafter bring suit against the corporation to recover the unpaid amount of the claim and, if successful in whole or in part, the claimant shall be entitled to be paid alsothe expense (including attorneys’ fees) of prosecuting such claim. It shall be a defense to any such action (other than an action brought to enforce a claim for expenses incurred in defending a Proceeding in advance of its final dispositionwhere the required undertaking has been tendered to the corporation) that the claimant has not met the standards of conduct that make it permissible under the DGCL for the corporation to indemnify the claimant for the amount claimed. The burden ofproving such a defense shall be on the corporation. Neither the failure of the corporation (including its Board of Directors, independent legal counsel, or its stockholders) to have made a determination prior to the commencement of such action thatindemnification of the claimant is proper under the circumstances because he has met the applicable standard of conduct set forth in the DGCL, nor an actual determination by the corporation (including its Board of Directors, independent legalcounsel or its stockholders) that the claimant had not met such applicable standard of conduct, shall be a defense to the action or create a presumption that claimant has not met the applicable standard of conduct. 

**Section 7.4 Provisions Nonexclusive.**

The rights conferred on any person by this Article shall not be exclusive of any other rights that such person may have or hereafter acquire under anystatute, provision of the Certificate of Incorporation or these Bylaws, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in an official capacity and as to action in another capacity while holding suchoffice. To the extent that any provision of the Certificate of Incorporation or these Bylaws, agreement or vote of the stockholders or disinterested directors is inconsistent with these Bylaws, the provision, agreement or vote shall take precedence.

**Section 7.5 Authority to Insure.**

The corporation may purchase and maintain insurance to protect itself and any Agent against any Expense, whether or not the corporation would have the power to indemnify the Agent against such Expense under applicablelaw or the provisions of this Article. 

**Section 7.6 Survival of Rights.**

The rights provided by this Article shall continue as to a person who has ceased to be an Agent and shall inure to the benefit of the heirs, executorsand administrators of such a person. 

**Section 7.7 Settlement of Claims.**

The corporation shall not be liable to indemnify any Agent under this Article (a) for any amounts paid in settlement of any action or claim effectedwithout the corporation’s written consent, which consent shall not be unreasonably withheld, or (b) for any judicial award if the corporation was not given a reasonable and timely opportunity, at its expense, to participate in the defenseof such action. 

**Section 7.8 Effect of Amendment.**

Any amendment, repeal or modification of this Article shall not adversely affect any right or protection of any Agent existing at the time of such amendment, repeal or modification. 

**Section 7.9 Subrogation.**

In theevent of payment under this Article, the corporation shall be subrogated to the extent of such payment to all of the rights of recovery of the Agent, who shall execute all papers required and shall do everything that may be necessary to secure suchrights, including the execution of such documents necessary to enable the corporation effectively to bring suit to enforce such rights. 

**Section 7.10 No Duplication of Payments.**

The corporation shall not be liable under this Article to make any payment inconnection with any claim made against the Agent to the extent the Agent has otherwise actually received payment (under any insurance policy, agreement, vote or otherwise) of the amounts otherwise indemnifiable hereunder. 

**Section 7.11 Notices.**

Whenever, under any provisions of these Bylaws, notice is required to be given to any stockholder, the same shall be given (1) in writing, timelyand duly deposited in the United States Mail, postage prepaid, and addressed to his last known post office address as shown by the stock record of the corporation or its transfer agent, or (2) by a means of electronic transmission that hasbeen consented to by the stockholder to whom the notice is given. Any notice required to be given to any director may be given by the method herein above stated, or by telegram or other means of electronic transmission, except that such notice otherthan one which is delivered personally shall be sent to such address or (in the case of facsimile telecommunication) facsimile telephone number as such director shall have filed in writing with the Secretary of the corporation or, in the absence ofsuch filing, to the last known post office address of such director. If no address of a stockholder or director be known, such notice may be sent to the office of the corporation required to be maintained pursuant to Section 1.2 ofArticle I hereof. An affidavit of mailing, executed by a duly authorized and competent employee of the corporation or its transfer agent appointed with respect to the class of stock affected, specifying the name and address or the names andaddresses of the stockholder or stockholders, director or directors, to whom any such notice or notices was or were given, and the time and method of giving the same, shall be conclusive evidence of the statements therein contained. All noticesgiven by mail, as above provided, shall be deemed to have been given as at the time of mailing and all notices given by telegram or other means of electronic transmission shall be deemed to have been given as at the sending time recorded by thetelegraph company or other electronic transmission equipment operator transmitting the same. It shall not be necessary that the same method of giving be employed in respect of all directors, but one permissible method may be employed in respect ofany one or more, and any other permissible method or methods may be employed in respect of any other or others. The period or limitation of time within which any stockholder may exercise any option or right, or enjoy any privilege or benefit, or berequired to act, or within which any director may exercise any power or right, or enjoy any privilege, pursuant to any notice sent him in the manner above provided shall not be affected or extended in any manner by the failure of such a stockholderor such director to receive such notice. Whenever any notice is required to be given under the provisions of the statutes or of the Certificate of Incorporation or these Bylaws, a waiver thereof in writing signed by the person or persons entitled tosaid notice, whether before or after the time stated therein, shall be deemed equivalent thereto. Whenever notice is required to be given, under any provision of law or of the Certificate of Incorporation or these Bylaws, to any person with whomcommunication is unlawful, the giving of such notice to such person shall not be required and there shall be no duty to apply to any governmental authority or agency for a license or permit to give such notice to such person. Any action or meetingwhich shall be taken or held without notice to any such person with whom communication is unlawful shall have the same force and effect as if such notice had been duly given. In the event that the action taken by the corporation is such as torequire the filing of a certificate under any provision of the DGCL, the certificate shall state, if such is the fact and if notice is required, that notice was given to all persons entitled to receive notice except such persons with whomcommunication is unlawful. 

**ARTICLE VIII**

**Amendments**

These Bylaws may be repealed, altered or amended or new Bylaws adopted at any meeting ofthe stockholders, either annual or special, by the affirmative vote of at least 80% of the stock entitled to vote at such meeting, unless a larger vote is required by these Bylaws or the Certificate of Incorporation. The Board of Directors shallalso have the authority to repeal, alter or amend these Bylaws or adopt new Bylaws (including, without limitation, the amendment of any Bylaws setting forth the number of directors who shall constitute the whole Board of Directors) by unanimouswritten consent or at any annual, regular or special meeting by the affirmative vote of a majority of the whole number of directors, subject to the power of the stockholders to change or repeal such Bylaws and provided that the Board of Directorsshall not make or alter any Bylaws fixing the qualifications, classifications or term of office of directors.