**Exhibit 3.6**

** **

 

AMENDMENT NO. 5

to the

SECOND AMENDED AND RESTATED OPERATING AGREEMENT

of

CHEROKEE INTERNATIONAL, LLC

 

 

                This Amendment No.5 (this “Amendment”) to the Second Amended and Restated Operating Agreement**,**dated as of April 30, 1999, as amended byAmendment No. 1 thereto, dated as of June 30, 1999, Amendment No. 2 thereto,dated as of June 30, 1999, Amendment No. 3 dated as of June 12, 2000 andAmendment No. 4 dated as of June 14, 2000 (the “Agreement”), of CherokeeInternational, LLC, a California limited liability company (the “Company”) ismade and entered into as of September 26, 2001 among the Company and suchmembers of the Company as are party to this Amendment.

 

                WHEREAS, certainmembers of the Company (the “Sellers”) has made a disposition of Class A Units(the “Class A Units”) and Class B Units (the “Class B Units” and, together withthe Class A Units, the “Units”) of the Company to Cherokee Investor PartnersLLC and OCM/GFI Cherokee Investments II, Inc. (the “Purchasers”).

 

                NOW, THEREFORE, inconsideration of the mutual agreements and promises herein contained, theparties hereto, intending to be legally bound hereby, agree as follows:

 

Section 1.  Definitions: References. Unless otherwise specifically defined herein, each term used herein thatis defined in the Agreement shall have the meaning assigned to such term in theAgreement.  Each reference to “hereof,”“hereunder,” herein” and “hereby” and other similar reference contained in theAgreement shall from and after the date of this Amendment refer to theAgreement as amended hereby.

 

Section 2.  Effectiveness of Amendments. This Amendment shall become effective and the Agreement shall be amendedas provided herein as of the date the Purchasers purchase the Units of theCompany from the Sellers pursuant to that certain Unit Purchase Agreement,dated as of August 10, 2001, by and among the Sellers and the Purchasers.

 

Section 3.  Amendment of Appendix A. Appendix A to the Agreement is amended to read in its entirety asfollows:

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Appendix A

 

 
| **Member Name********and Address**                                                                              |   | **Class A Units** |   | **Class B Units** |   | **Percentage********Interest** |   | **Capital********Contribution** |   | **Capital********Account**** |
|-----------------------------------------------------------------------------------------------------------------|--------|-------------------|--------|-------------------|--------|--------------------------------|--------|---------------------------------|--------|------------------------------|
| Cherokee Investor Partners,  LLCc/o GFI Energy Ventures LLC12121 Wilshire Blvd., Ste. 1375Los Angeles, CA 90025 |   | 242,275           |   | 24,637,454        |   | 68.5431                        | %      | $16,632,566                     |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| OCM/GFI Cherokee  Investments II, Inc.                                                                          |   | 10,520            |   | 1,299,987         |   | 3.6104                         | %      | 6,300,000                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Ganpat I. Patel and Manju  G. Patel, Trustees of the Patel Family Trust dated July 17, 1987*                    |   | 71,157            |   | 1,756,717         |   | 5.0358                         | %      | 2,079,071                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Rita Patel, Trustee of the  Ganpat Patel 1997 Irrevocable Trust I dated November 3, 1997*                       |   | 0                 |   | 914,957           |   | 2.5207                         | %      | 1,039,535                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Anita Tolani, Trustee of  the Ganpat Patel 1997 Irrevocable Trust II dated November 3, 1997*                    |   | 0                 |   | 914,957           |   | 2.5207                         | %      | 1,039,535                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Asha Patel, Trustee of the  Ganpat Patel 1997 Irrevocable Trust III dated November 3, 1997*                     |   | 0                 |   | 914,957           |   | 2.5207                         | %      | 1,039,535                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Rita Patel, Trustee of the  Manju Patel 1997 Irrevocable Trust I dated November 3, 1997*                        |   | 0                 |   | 914,957           |   | 2.5207                         | %      | 1,039,535                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Anita Tolani, Trustee of  the Manju Patel 1997 Irrevocable Trust II dated November 3, 1997*                     |   | 0                 |   | 914,957           |   | 2.5207                         | %      | 1,039,535                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Asha Patel, Trustee of the  Manju Patel 1997 Irrevocable Trust III dated November 3, 1997*                      |   | 0                 |   | 914,957           |   | 2.5207                         | %      | 1,039,535                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Bikor Corporation*                                                                                              |   | 23,719            |   | 2,415,486         |   | 6.7200                         | %      | 2,772,094                       |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Ashok Patel                                                                                                     |   | 0                 |   | 87,139            |   | 0.2401                         | %      | 69,302                          |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Van Holland                                                                                                     |   | 0                 |   | 98,873            |   | 0.2724                         | %      | 136,295                         |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Howard Ribaudo                                                                                                  |   | 0                 |   | 87,139            |   | 0.2401                         | %      | 69,302                          |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Dennis Pouliot                                                                                                  |   | 0                 |   | 50,000            |   | 0.1377                         | %      | —                          |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Ken King                                                                                                        |   | 0                 |   | 12,500            |   | 0.0344                         | %      | —                          |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Cong Dung Le                                                                                                    |   | 0                 |   | 10,000            |   | 0.0275                         | %      | —                          |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Moshe Domb                                                                                                      |   | 0                 |   | 5,228             |   | 0.0144                         | %      | 4,158                           |   |                         |
|                                                                                                            |   |              |   |              |   |                           |   |                            |   |                         |
| Totals:                                                                                                         |   | 347,671           |   | 35,950,265        |   | 100                            | %      | 34,299,998                      |   |                         |

 

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| *  |   | c/o Cherokee  International, LLC, 2841Dow Avenue, Tustin, CA  92780 |
|----|--------|--------------------------------------------------------------------------|
| ** |   | Capital Accounts to be  determined.                                      |

 

Section 4.  Effectiveness of the Agreement. Except as amended hereby, the Agreement shall continue in full force andeffect.

 

Section 5.  Incorporation of Terms. This Amendment shall be governed by and construed in accordance withArticle XIII of the Agreement.

 

 

2

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                                INWITNESS WHEREOF, the parties hereto have duly executed this Amendment as of theday and year first above written.

 
|   |   |   |   |   | **MEMBER:**                      |
|--------|--------|--------|--------|--------|----------------------------------|
|   |   |   |   |   |                             |   |
|   |   |   |   |   | CHEROKEE INVESTOR  PARTNERS, LLC |
|   |   |   |   |   |                             |   |
|   |   |   |   |   | By:                              |   |
|   |   |   |   |   |                             |   |
|   |   |   |   |   | Its:                             |   |
|   |   |   |   |   |                             |   |

 

3

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** **
|   |   |   |   |   | **MEMBER:**                           |
|--------|--------|--------|--------|--------|---------------------------------------|
|   |   |   |   |   |                                  |   |
|   |   |   |   |   | OCM/GFI CHEROKEE  INVESTMENTS II, INC |
|   |   |   |   |   |                                  |   |
|   |   |   |   |   | By:                                   |   |
|   |   |   |   |   |                                  |   |
|   |   |   |   |   | Its:                                  |   |
|   |   |   |   |   |                                  |   |
|   |   |   |   |   | By:                                   |   |
|   |   |   |   |   |                                  |   |
|   |   |   |   |   | Its:                                  |   |

 

 

4

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | GANPAT I. PATEL, AS  TRUSTEE OF THE PATEL FAMILY TRUST, DATED JULY 17, 1987 |

 

 

5

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | MANJU G. PATEL, AS TRUSTEE  OF THE PATEL FAMILY TRUST, DATED JULY 17, 1987 |

 

 

6

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | RITA PATEL, AS TRUSTEE OF  THE GANPAT PATEL 1997 IRREVOCABLE TRUST I, DATED NOVEMBER 3, 1997 |

 

7

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | ANITA TOLANI, AS TRUSTEE  OF THE GANPAT PATEL 1997 IRREVOCABLE TRUST II, DATED NOVEMBER 3, 1997 |

 

8

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | ASHA PATEL, AS TRUSTEE OF  THE GANPAT PATEL 1997 IRREVOCABLE TRUST III, DATED NOVEMBER 3, 1997 |

 

9

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | RITA PATEL, AS TRUSTEE OF  THE MANJU PATEL 1997 IRREVOCABLE TRUST I, DATED NOVEMBER 3, 1997 |

 

10

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | ANITA TOLANI, AS TRUSTEE  OF THE MANJU PATEL 1997 IRREVOCABLE TRUST II, DATED NOVEMBER 3, 1997 |

 

11

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|   |   |   |   |   | **MEMBER:** |
|--------|--------|--------|--------|--------|-------------|
|   |   |   |   |   |        |   |
|   |   |   |   |   | By:         |   |
|   |   |   |   |   |        |   |
|   |   |   |   |   |        | ASHA PATEL, AS TRUSTEE OF  THE MANJU PATEL 1997 IRREVOCABLE TRUST III, DATED NOVEMBER 3, 1997 |

 

12

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|   |   |   |   |   | **MEMBER:**       |
|--------|--------|--------|--------|--------|-------------------|
|   |   |   |   |   |              |
|   |   |   |   |   | BIKOR CORPORATION |
|   |   |   |   |   |              |   |
|   |   |   |   |   | By:               |   |
|   |   |   |   |   |              |   |
|   |   |   |   |   | Its:              |   |

 

 

13

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