# EDGAR Filing Document

**Accession Number:** 0001114936
**File Stem:** 0001477932-25-007464
**Filing Date:** 2025-10
**Character Count:** 102617
**Document Hash:** f48ee565f7ac9d1aed929475612def1e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001477932-25-007464.hdr.sgml**: 20251009

**ACCESSION NUMBER**: 0001477932-25-007464

**CONFORMED SUBMISSION TYPE**: 8-K12G3

**PUBLIC DOCUMENT COUNT**: 25

**CONFORMED PERIOD OF REPORT**: 20251002

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Changes in Control of Registrant

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251009

**DATE AS OF CHANGE**: 20251009

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UMeWorld Inc.
- **CENTRAL INDEX KEY:** 0001114936
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 980177440
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K12G3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-30813
- **FILM NUMBER:** 251383923

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** UNIT B 12/F, HANG SENG
- **STREET 2:** CAUSEWAY BAY BUILDING, 28 YEE WOO STREET
- **CITY:** CAUSEWAY BAY
- **NON US STATE TERRITORY:** HONG KONG
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** (852) 8191 5550

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** UNIT B 12/F, HANG SENG
- **STREET 2:** CAUSEWAY BAY BUILDING, 28 YEE WOO STREET
- **CITY:** CAUSEWAY BAY
- **NON US STATE TERRITORY:** HONG KONG
- **PROVINCE COUNTRY:** K3
- **ZIP:** 00000

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** UMeWorld Ltd
- **DATE OF NAME CHANGE:** 20130417

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALPHARX INC
- **DATE OF NAME CHANGE:** 20000519

?xml version='1.0' encoding='ASCII'? umewf_8k12g3.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

**Date of Report (Date of earliest event reported): October 2, 2025**

---

| |
|:---|
| **UMeWorld Inc.** |
| (Exact name of registrant as specified in its charter) |

---

---

| | | |
|:---|:---|:---|
| **Delaware** | **000-30813** | **To be obtained** |
| (State or other jurisdiction <br>of incorporation) | (Commission <br>File Number) | (I.R.S. Employer <br>Identification No.) |

---

**<u>66 West Flagler Street, 9th Floor, Miami, Florida 33130</u>**

(Address of principal executive offices) (Zip Code)

**Registrant's telephone number, including area code:** (786) 791 0483

**Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):**

☐&nbsp;&nbsp;&nbsp;&nbsp; Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐&nbsp;&nbsp;&nbsp;&nbsp; Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐&nbsp;&nbsp;&nbsp;&nbsp; Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| **None** | **—** | **—** |

---

**Securities registered pursuant to Section 12(g) of the Act:**

Common Stock, par value $0.0001 per share

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Explanatory Note**

On October 2, 2025, UMeWorld Limited, a British Virgin Islands company ("UMeWorld BVI"), completed a share exchange under the Share Exchange Agreement dated September 18, 2025, with UMeWorld Inc., a Delaware corporation ("UMeWorld DE"). At closing, all outstanding shares of UMeWorld BVI were exchanged one-for-one for shares of UMeWorld DE, making UMeWorld BVI a wholly-owned subsidiary. This Form 8-K is filed to establish UMeWorld Inc. as the successor issuer under Rule 12g-3(a) of the Securities Exchange Act of 1934. Shares of UMeWorld Inc. common stock, par value $0.0001, are deemed registered under Section 12(g) as those of the successor issuer. UMeWorld DE. continues the business while UMeWorld BVI is wholly-owned subsidiary. FINRA approval for related corporate actions, including the name, is pending.

**Item 1.01** — Entry into a Material Definitive Agreement

**Adoption of Share Exchange Agreement and Consummation of Share Exchange**

On September 18, 2025, UMeWorld BVI entered into a Share Exchange Agreement (the "Agreement") with UMeWorld DE, pursuant to which UMeWorld DE became the direct parent company of UMeWorld BVI and the successor public company in connection with the share exchange (the "Share Exchange").

Pursuant to the Agreement, at 12:01 a.m. Eastern Time on October 2, 2025 (the "Effective Time"), each outstanding ordinary share of UMeWorld BVI was automatically exchanged on a one-for-one basis for one share of common stock of UMeWorld DE. Accordingly, upon consummation of the Share Exchange, the former shareholders of UMeWorld BVI became shareholders of UMeWorld DE on a one-for-one basis, and UMeWorld BVI became a direct, wholly-owned subsidiary of UMeWorld DE.

The Share Exchange was approved in accordance with BVI law and UMeWorld BVI's governing documents by the requisite written consent of UMeWorld BVI shareholders. No vote of UMeWorld DE stockholders was required; the issuance of UMeWorld DE shares was authorized by the UMeWorld DE board under Sections 152 and 153 of the Delaware General Corporation Law.

Immediately after the Effective Time, UMeWorld DE replaced UMeWorld BVI as the public company and successor issuer for U.S. securities law purposes, and UMeWorld BVI continues to hold its assets and liabilities as a wholly-owned subsidiary.

The board resolutions of UMeWorld Inc. authorizing the issuance of shares and the consummation of the Share Exchange are filed as Exhibit 10.1, and the written shareholder consent of UMeWorld Limited approving the Share Exchange is filed as Exhibit 10.2 to this report.

The foregoing description does not purport to be complete and is qualified in its entirety by reference to the Agreement, a copy of which is filed as Exhibit 2.01 to this Current Report on Form 8-K and incorporated by reference herein.

**Item 2.01** — Completion of Acquisition or Disposition of Assets

The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. The Share Exchange described therein was completed on October 2, 2025. Following the Effective Time, UMeWorld BVI continues its operations as a wholly-owned subsidiary of UMeWorld DE, and UMeWorld DE succeeded as the reporting issuer under Rule 12g-3(a).

**Item 3.02 —** Unregistered Sales of Equity Securities

At the Effective Time on October 2, 2025, UMeWorld DE already had issued 114,785,005 shares of its common stock, par value $0.0001 per share, to the former shareholders of UMeWorld BVI in exchange for all outstanding ordinary shares of UMeWorld BVI on a one-for-one basis pursuant to the Share Exchange Agreement dated September 18, 2025. An additional 3,000,000 shares of UMeWorld DE common stock were authorized and reserved for a proposed private placement but were not issued at closing. No cash consideration was paid in connection with the exchange.

The issuance of UMeWorld DE shares was made in transactions exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), including Section 4(a)(2) (transactions not involving a public offering) and the safe harbor provided by Regulation S (for offers and sales made outside the United States to non-U.S. persons). Each recipient of UMeWorld DE shares provided customary representations regarding investment intent, non-U.S. status (where applicable), and acknowledgment of transfer restrictions. There was no general solicitation or advertising in connection with these issuances, and appropriate restrictive legends were or will be placed on the share certificates or book-entry statements. No underwriter, placement agent, or broker was engaged, and no commissions or underwriting discounts were paid in connection with the issuance.

**Item 5.01 —** Changes in Control of Registrant.

As a result of the Share Exchange effective October 2, 2025, the former shareholders of UMeWorld BVI became the shareholders of UMeWorld DE in the same relative proportions they held immediately prior to the Effective Time. Given that UMeWorld DE was newly formed and had no public shareholders prior to the Share Exchange, the transaction resulted in a change in control at the registrant level in that the shareholder base of UMeWorld BVI became the shareholder base of UMeWorld DE.

To the registrant's knowledge, no single shareholder or group entered into any arrangement that would confer sole voting or dispositive control as of the Effective Time, and there are no arrangements known to UMeWorld DE the operation of which may, at a subsequent date, result in a further change in control.

**Item 5.02 —** Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Upon the incorporation of UMeWorld DE, Michael Lee (Age 62) was appointed as the sole director and Chief Executive Officer of the corporation. Mr. Lee has served in this capacity since the company's formation and continues to hold these positions following the completion of the Share Exchange with UMeWorld Limited (BVI) on October 2, 2025. There are currently no other directors or executive officers of UMeWorld DE. Any future appointments or changes in management will be disclosed in a subsequent filing, if required.

**Item 5.03** — Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

In connection with the Share Exchange, the Certificate of Incorporation and Bylaws of UMeWorld DE became effective and now govern the rights of UMeWorld DE shareholders. The fiscal year remains unchanged. Copies of the Certificate of Incorporation and Bylaws are filed as Exhibits 3.1 and 3.2, respectively, to this Current Report on Form 8-K.

**Item 8.01** — Other Events

UMeWorld DE has submitted a corporate action request to FINRA for processing of the successor-issuer name/CUSIP updates. Until FINRA completes its review and announces an effective date, trading will continue under the existing market identifier(s). Any new ticker and/or CUSIP assigned will be furnished by amendment to this Form 8-K or in a subsequent current report, as appropriate.

**Item 9.01** — Financial Statements and Exhibits

**(d) Exhibits** 

---

| | |
|:---|:---|
| [Exhibit 2.01 –](umewf_ex201.htm) | [Share Exchange](umewf_ex201.htm) |
| [Exhibits 3.1 –](umewf_ex31.htm) | [Certificate of Incorporation](umewf_ex31.htm) |
| [Exhibits 3.2 –](umewf_ex32.htm) | [Bylaws](umewf_ex32.htm) |
| [Exhibits 10.1 –](umewf_ex101.htm) | [UMeWorld Inc. (Delaware) board resolutions authorizing issuance of shares and consummation of the Share Exchange.](umewf_ex101.htm) |
| [Exhibits 10.2 –](umewf_ex102.htm) | [UMeWorld Limited (BVI) written shareholder consent approving the Share Exchange.](umewf_ex102.htm) |
| Exhibit 104 – | Cover Page Interactive Data File (formatted as Inline XBRL) |

---

---

| | |
|:---|:---|
| UMEWORLD INC. | UMEWORLD INC. |
| By: | */s/ Michael Lee* |
| Name:  | Michael Lee |
| Title: | Chief Executive Officer |
| Date:  | October 7, 2025 |

---

## Exhibit 2.1

**EXHIBIT 2.01**

**SHARE EXCHANGE AGREEMENT**

This **SHARE EXCHANGE AGREEMENT** (this "Agreement") is made and entered into as of September 18, 2025 (the "Execution Date"),

**BY AND BETWEEN:**

**UMEWORLD INC.,** a corporation duly organized and existing under the laws of the State of Delaware (the "Delaware Company"); and

**UMEWORLD LIMITED,** a company limited by shares duly incorporated and existing under the laws of the British Virgin Islands (the "BVI Company").

**RECITALS**

**WHEREAS,** the shareholders of the BVI Company (the "Shareholders") are the registered and beneficial owners of all of the issued and outstanding ordinary shares of the BVI Company (the "BVI Shares");

**WHEREAS,** the BVI Company has obtained the requisite written consent from the holders of more than seventy-five percent (75%) of the issued and outstanding BVI Shares approving the principal terms of this Agreement and the transactions contemplated hereby, in accordance with the BVI Business Companies Act and its amended and restated memorandum and articles of association (the "BVI Company Approval"), which approval is sufficient to bind all Shareholders;

**WHEREAS**, the parties desire to effect a share-for-share exchange pursuant to which the Delaware Company will acquire all of the BVI Shares from the Shareholders in exchange for the issuance of shares of common stock of the Delaware Company (the "Delaware Shares") to the Shareholders, on the terms and subject to the conditions set forth herein;

**WHEREAS,** following the Exchange (as defined below), the BVI Company will become a wholly-owned subsidiary of the Delaware Company;

**WHEREAS,** the parties intend for the transaction contemplated by this Agreement to be consummated on October 2, 2025 or such later date as the parties may mutually agree (the "Closing Date");

**WHEREAS,** the parties intend for the transaction contemplated by this Agreement to qualify as a tax-free reorganization within the meaning of Section 368(a)(1) of the Internal Revenue Code of 1986, as amended;

**NOW, THEREFORE,** in consideration of the mutual covenants, representations, and warranties set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

**ARTICLE I – DEFINITIONS**

1.1 Definitions. For purposes of this Agreement, the following terms shall have the meanings set forth below:

**"Agreement"** means this Share Exchange Agreement, including all exhibits and schedules attached hereto, as amended from time to time.

**"BVI Company"** has the meaning set forth in the Preamble.

**"Closing"** has the meaning set forth in Section 2.6.

**"Closing Date"** means October 2, 2025 or such later date as the parties may mutually agree.

**"Delaware Company"** has the meaning set forth in the Preamble.

**"Delaware Shares"** has the meaning set forth in the Recitals.

**"Effective Time"** means 12:01 a.m., Eastern Time, on the Closing Date or such other time as the parties may mutually agree in writing.

**"Exchange"** means the exchange of all BVI Shares for Delaware Shares on the terms set forth in this Agreement.

**"Exchange Ratio"** means one (1) Delaware Share for every one (1) BVI Share.

**"Governmental Entity"** means any U.S. or foreign federal, state, provincial, local, or other governmental, regulatory, or administrative authority, agency, commission, or court.

**"Law"** means any statute, law, ordinance, regulation, rule, code, or order of any Governmental Entity.

**"Person"** means any individual, corporation, partnership, trust, limited liability company, association, Governmental Entity, or other entity.

**"Shareholders"** has the meaning set forth in the Recitals.

**"BVI Shares"** has the meaning set forth in the Recitals.

**ARTICLE II – THE EXCHANGE**

**2.1 Agreement to Exchange.** Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time, by virtue of the Exchange and without any required action on the part of any Shareholder, each Shareholder shall be deemed to have assigned, transferred, and delivered to the Delaware Company all of such Shareholder's right, title, and interest in and to such Shareholder's BVI Shares, free and clear of all liens, and the Delaware Company shall issue to each Shareholder the number of Delaware Shares equal to the product of (a) the number of BVI Shares held by such Shareholder immediately prior to the Effective Time, multiplied by (b) the Exchange Ratio.

**2.2 No Fractional Shares.** No fractional Delaware Shares shall be issued pursuant to this Agreement. In lieu of any fractional share to which a Shareholder would otherwise be entitled, the Delaware Company shall round such fraction to the nearest whole share.

**2.3 Automatic Exchange Mechanics.**

(a) Mandatory Exchange. The exchange of BVI Shares for Delaware Shares pursuant to Section 2.1 shall occur automatically and without any required action on the part of any Shareholder at the Effective Time (the "Automatic Exchange").

(b) Role of the Transfer Agent.

(i) The parties hereby irrevocably acknowledge and agree that Legacy Stock Transfer shall act as the common transfer agent for both the BVI Company and the Delaware Company (the "Transfer Agent") for the purposes of effecting the Automatic Exchange.

(ii) The BVI Company and the Delaware Company shall jointly issue irrevocable instructions to the Transfer Agent on or before October 2, 2025, directing the Transfer Agent to take all actions necessary to give effect to the Automatic Exchange at the Effective Time, including: (A) electronically canceling all issued and outstanding BVI Shares on the share register of the BVI Company; and (B) simultaneously issuing an equivalent number of Delaware Shares to the same persons who were registered as holders of the canceled BVI Shares immediately prior to the Effective Time.

(c) Certified Share Register. On or before September 26, 2025, the BVI Company shall cause the Transfer Agent to provide to the Delaware Company a certified register of members of the BVI Company, setting forth the names and addresses of, and number of BVI Shares held by, each Shareholder as of September 26, 2025 (the "Record Date"). This certified register shall constitute the definitive list of persons entitled to receive Delaware Shares in the Exchange.

(d) Treatment of Share Certificates. From and after the Effective Time, each outstanding certificate that immediately prior to the Effective Time represented BVI Shares shall cease to represent an ownership interest in the BVI Company and shall thereafter be deemed to represent only the right to receive a certificate or book- entry statement representing the same number of Delaware Shares. Shareholders are not required to surrender their certificates unless they desire a new physical certificate for the Delaware Shares.

**2.4 Effective Time.** The Exchange shall become effective at the Effective Time, subject to the satisfaction or waiver of all conditions set forth in Article VII.

**2.5 Closing.** The closing of the Exchange (the "Closing") shall be deemed to have occurred at the Effective Time on the Closing Date. All actions to be taken and documents to be delivered at the Closing shall be deemed to have been taken and delivered simultaneously at the Effective Time.

**2.6 Effect of the Exchange.** From and after the Effective Time:

(a) The Delaware Company shall be the holder of all of the issued and outstanding shares of the BVI Company and shall become the parent holding company of the BVI Company.

(b) The BVI Company shall continue its corporate existence under the laws of the British Virgin Islands as a wholly-owned subsidiary of the Delaware Company.

(c) The Delaware Company shall be deemed to have succeeded to the status of the BVI Company as the "issuer" for reporting purposes under the U.S. Securities Exchange Act of 1934, as amended, pursuant to Rule 12g-3 thereunder.

**ARTICLE III – REPRESENTATIONS AND WARRANTIES OF THE DELAWARE COMPANY**

The Delaware Company represents and warrants to the BVI Company, as of the Execution Date and as of the Closing Date, that:

**3.1 Organization and Good Standing.** It is a corporation duly incorporated, validly existing, and in good standing under the laws of the State of Delaware and has all requisite corporate power and authority to own, lease, and operate its properties and to carry on its business as now being conducted.

**3.2 Authority; Execution and Delivery.** It has full corporate power and authority to execute and deliver this Agreement, to perform its obligations hereunder, and to consummate the Exchange. The execution, delivery, and performance of this Agreement by it has been duly authorized by all necessary corporate action. This Agreement constitutes a legal, valid, and binding obligation of it, enforceable against it in accordance with its terms.

**3.3 Capitalization.**

(a) The Delaware Company is a newly formed entity and has not issued any securities prior to this Agreement.

(b) The authorized capital stock of the Delaware Company consists of 250,000,000 shares of common stock, par value $0.0001 per share, of which zero (0) shares are issued and outstanding prior to the Closing.

(c) The Delaware Shares to be issued pursuant to this Agreement have been duly authorized and, when issued and delivered in accordance with the terms of this Agreement, will be validly issued, fully paid, and non-assessable.

**3.4 No Conflicts.** The execution and delivery of this Agreement, the issuance of the Delaware Shares, and the consummation of the Exchange do not and will not: (a) conflict with or violate its certificate of incorporation or bylaws; (b) conflict with or violate any Law applicable to it; or (c) result in a breach of or constitute a default under any material contract to which it is a party.

**3.5 Governmental Consents and Filings**. No consent, approval, order, or authorization of, or registration, declaration, or filing with, any Governmental Entity is required to be obtained or made by it in connection with the execution, delivery, and performance of this Agreement, except for (i) filings with the U.S. Securities and Exchange Commission (the "SEC") and the Financial Industry Regulatory Authority ("FINRA"), (ii) the filing of information with the BVI Registrar of Corporate Affairs, and (iii) any other filings, the failure of which to make would not reasonably be expected to have a material adverse effect.

**ARTICLE IV – REPRESENTATIONS AND WARRANTIES OF THE BVI COMPANY**

The BVI Company represents and warrants to the Delaware Company, as of the Execution Date and as of the Closing Date, that:

**4.1 Organization and Good Standing.** It is a company duly incorporated, validly existing, and in good standing under the laws of the British Virgin Islands and has all requisite corporate power and authority to own, lease, and operate its properties and to carry on its business as now being conducted.

**4.2 Capitalization.**

(a) The authorized share capital of the BVI Company consists of 250,000,000 ordinary shares of no par value, of which 117,785,005 shares are issued and outstanding (the "BVI Shares").

(b) All issued and outstanding BVI Shares are duly authorized, validly issued, fully paid, and non-assessable. There are no outstanding options, warrants, preemptive rights, convertible securities, or other rights to subscribe for or purchase any share capital of the BVI Company.

**4.3 Authority; Execution and Delivery.** It has full corporate power and authority to execute and deliver this Agreement and to perform its obligations hereunder. The execution, delivery, and performance of this Agreement by it has been duly authorized by all necessary corporate action. This Agreement constitutes a legal, valid, and binding obligation of it, enforceable against it in accordance with its terms.

**4.4 Title to Shares.** The Shareholders are the sole registered and beneficial owners of the BVI Shares, and upon delivery of the BVI Shares to the Delaware Company at the Closing, the Delaware Company will acquire good and marketable title thereto, free and clear of all liens.

**4.5 Shareholder Approval.** The BVI Company Approval has been duly and validly obtained, is in full force and effect, and is sufficient to approve this Agreement and the transactions contemplated hereby without any further action by the Shareholders.

**ARTICLE V -- REPRESENTATIONS AND WARRANTIES OF THE BVI COMPANY (ON BEHALF OF SHAREHOLDERS)**

The BVI Company, on behalf of its Shareholders and based upon its knowledge and the BVI Company Approval, represents and warrants to the Delaware Company, as of the Execution Date and as of the Closing Date, that:

**5.1 Title to Shares.** Each Shareholder is the lawful record and beneficial owner of his, her, or its BVI Shares, free and clear of all liens, pledges, security interests, charges, claims, or encumbrances of any kind. Each Shareholder has the unqualified right to sell, assign, and transfer such BVI Shares to the Delaware Company.

**5.2 Binding Obligation.** The BVI Company Approval is sufficient to ensure that the terms of this Agreement constitute a valid and binding obligation on each Shareholder, enforceable against each Shareholder in accordance with its terms.

**5.3 Investment Intent.** Each Shareholder is acquiring the Delaware Shares for such Shareholder's own account, for investment purposes only, and not with a view to, or for sale in connection with, any distribution thereof in violation of applicable securities laws.

**5.4 Sophistication and Risk.** To the knowledge of the BVI Company, each Shareholder is either (i) an "accredited investor" as defined in Rule 501(a) under the Securities Act of 1933, as amended, or (ii) has such knowledge and experience in financial and business matters that such Shareholder is capable of evaluating the merits and risks of an investment in the Delaware Shares.

**ARTICLE VI — COVENANTS**

**6.1 Conduct of Business.** From the Execution Date until the Closing, the BVI Company shall operate its business in the ordinary course and use its commercially reasonable efforts to preserve its business organization intact, keep available the services of its key employees, and preserve its relationships with customers, suppliers, and others having business dealings with it.

**6.2 Access and Information.** The BVI Company shall afford to the officers, employees, and authorized representatives of the Delaware Company reasonable access to its properties, books, and records to conduct customary due diligence.

**6.3 Regulatory Filings.** The parties shall cooperate and use their commercially reasonable efforts to prepare and file all necessary documentation to obtain all requisite consents, approvals, and authorizations of all Governmental Entities, including but not limited to filings with the SEC, FINRA, and the BVI Registrar of Corporate Affairs, on or prior to the Closing Date.

**6.4 Delaware Company Approval.** The Delaware Company shall, prior to the Closing, take all action necessary in accordance with applicable Law and its certificate of incorporation and bylaws to obtain the approval of its board of directors (or its sole incorporator, if no board of directors is yet appointed) for this Agreement and the transactions contemplated hereby.

**6.5 Public Announcement.** The parties shall consult with each other before issuing any press release or public announcement with respect to this Agreement or the transactions contemplated hereby.

**6.6 Further Assurances.** Each party agrees to execute and deliver such additional documents, instruments, conveyances, and assurances and to take such further actions as may be reasonably required to carry out the provisions hereof and give effect to the transactions contemplated by this Agreement.

**6.7 SEC and FINRA Filings.** The parties acknowledge and agree that this Agreement and the transactions contemplated hereby shall be disclosed to the SEC on Form 6- K (or Form 8-K if Delaware Company becomes a domestic filer), and a FINRA Company Related Action Notification Form shall be submitted promptly following the Closing.

**6.8 Exchange Act Rule 12g-3.** At and after the Effective Time, the Delaware Company shall be deemed the successor issuer to the BVI Company pursuant to Rule 12g-3(a) under the Exchange Act, and all reports filed by the BVI Company with the SEC prior to the Closing shall be deemed filed by the Delaware Company.

**6.9 Tax Matters**. The parties agree to use their reasonable best efforts to cause the Exchange to qualify as a reorganization under Section 368(a)(1) of the Code and to report the Exchange consistently therewith for all tax purposes.

**6.10 Dissolution of BVI Subsidiary.** The Delaware Company may, in its sole discretion, dissolve the BVI Company following the Closing after all necessary filings, consents, and regulatory approvals have been completed, provided that all liabilities of the BVI Company have been satisfied or adequately reserved, and the Delaware Company shall be responsible for all costs and expenses associated with such dissolution.

**ARTICLE VII – CONDITIONS TO CLOSING**

**7.1 Conditions to Obligations of All Parties.** The obligations of all parties to consummate the Exchange are subject to the satisfaction or waiver of the following conditions on or prior to the Closing Date:

(a) Company Approval. The Exchange shall have been approved and adopted (i) by the board of directors (or the sole incorporator) of the Delaware Company and (ii) by the BVI Company Approval.

(b) No Injunction. No temporary restraining order, preliminary or permanent injunction, or other order issued by any court of competent jurisdiction or other legal restraint or prohibition preventing the consummation of the Exchange shall be in effect.

(c) Governmental Approvals. All necessary approvals, consents, and clearances from Governmental Entities (including from the SEC and FINRA) shall have been obtained.

**7.2 Additional Conditions to Obligations of the Delaware Company.** The obligation of the Delaware Company to consummate the Exchange is subject to the satisfaction or waiver of the following conditions on or prior to the Closing Date:

(a) The representations and warranties of the BVI Company (including those made on behalf of the Shareholders pursuant to Article V) shall be true and correct in all material respects as of the Closing Date.

(b) The BVI Company and the Shareholders shall have performed and complied in all material respects with all covenants required by this Agreement to be performed or complied with by them on or prior to the Closing Date.

(c) The Delaware Company shall have received a certificate, dated the Closing Date, signed by an executive officer of the BVI Company, to the effect that the conditions set forth in Sections 7.2(a) and (b) have been satisfied.

**7.3 Additional Conditions to Obligations of the BVI COMPANY AND SHAREHOLDERS.** The obligation of the BVI Company and the Shareholders to consummate the Exchange is subject to the satisfaction or waiver of the following conditions on or prior to the Closing Date:

(a) The representations and warranties of the Delaware Company shall be true and correct in all material respects as of the Closing Date.

(b) The Delaware Company shall have performed and complied in all material respects with all covenants required by this Agreement to be performed or complied with by it on or prior to the Closing Date.

(c) The BVI Company shall have received a certificate, dated the Closing Date, signed by an executive officer of the Delaware Company, to the effect that the conditions set forth in Sections 7.3(a) and (b) have been satisfied.

**ARTICLE VIII – INDEMNIFICATION**

**8.1 Survival.** The representations and warranties contained herein shall survive the Closing for a period of twelve (12) months, provided, however, that the representations and warranties relating to organization, capitalization, title to shares, and authority shall survive indefinitely (or for the applicable statute of limitations).

**8.2 Indemnification by the BVI Company.** The BVI Company hereby agrees to indemnify and hold harmless the Delaware Company and its officers and directors from and against any and all losses arising out of any breach of the representations, warranties, or covenants of the BVI Company or the Shareholders contained in this Agreement.

**8.3 Indemnification by the Delaware Company.** The Delaware Company agrees to indemnify and hold harmless the BVI Company from and against any and all losses arising out of any breach of the Delaware Company's representations, warranties, or covenants contained in this Agreement.

**ARTICLE IX – TERMINATION**

**9.1 Termination**. This Agreement may be terminated at any time prior to the Closing:

(a) by the mutual written consent of the Delaware Company and the BVI Company;

(b) by either the Delaware Company or the BVI Company if the Closing has not occurred by October 2, 2025 or as such later date as the parties may mutually agree in writing; or

(c) by either the Delaware Company or the BVI Company if a Governmental Entity shall have issued an order, decree, or ruling permanently restraining, enjoining, or otherwise prohibiting the transactions contemplated by this Agreement.

**9.2 Effect of Termination.** In the event of termination of this Agreement as provided above, this Agreement shall forthwith become void and have no effect, without any liability or obligation on the part of any party, except for liability for any willful breach of this Agreement prior to termination.

**ARTICLE X – MISCELLANEOUS**

**10.1 Notices.** All notices and other communications hereunder shall be in writing and shall be deemed given upon personal delivery, or on the next business day if sent by reputable overnight courier, or upon confirmed transmission if sent by email, to the parties at the addresses set forth on the signature pages hereto (or at such other address for a party as shall be specified by like notice).

**10.2 Entire Agreement.** This Agreement (including the Schedules and Exhibits hereto) constitutes the entire agreement among the parties pertaining to the subject matter hereof and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the parties.

**10.3 Amendments and Waivers.** This Agreement may only be amended, supplemented, or otherwise modified by a written instrument executed by the Delaware Company and the BVI Company. Any waiver of any term or condition must be in writing and signed by the party granting the waiver.

**10.4 Assignment; Successors.** Neither this Agreement nor any of the rights or obligations hereunder may be assigned by any party without the prior written consent of the other parties. This Agreement shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.

**10.5 Governing Law;** Venue. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of law principles. Any legal action arising out of this Agreement shall be brought exclusively in the state or federal courts located in Delaware.

**10.6 Counterparts.** This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Execution and delivery via electronic transmission (e.g., PDF) shall be deemed sufficient for all purposes.

**10.7 Severability.** If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

**10.8 Expenses.** Each party shall bear its own costs and expenses incurred in connection with the negotiation, preparation, and execution of this Agreement and the consummation of the transactions contemplated hereby.

**10.9 No Third-Party Beneficiaries.** This Agreement is for the sole benefit of the parties and their permitted successors and assigns and nothing herein expressed or implied shall give or be construed to give any Person, other than the parties and such successors and assigns, any legal or equitable rights hereunder.

[SIGNATURE PAGES FOLLOW]

**IN WITNESS WHEREOF,** the parties have executed this Share Exchange Agreement as of the date first written above.

**UMEWORLD INC.**

(Delaware Corporation)

---

| | |
|:---|:---|
| By: | */s/ Michael Lee* |
| Name:  | Michael Lee |
| Title:  | Chief Executive Officer |

---

**UMEWORLD LIMITED**

(British Virgin Islands Company)

---

| | |
|:---|:---|
| By: | */s/ Michael Lee* |
| Name:  | Michael Lee |
| Title:  | Chief Executive Officer |

---

## Exhibit 3.1

**EXHIBIT 3.1**

**CERTIFICATE OF INCORPORATION** 

**OF**

**UMeWorldInc.**

**FIRST:** The name of the corporation is: UMeWorld Inc. (the "Corporation").

**SECOND:** The Corporation's registered office in the State of Delaware is located at 16192 Coastal Highway, Lewes, Delaware 19958, County of Sussex. The registered agent in charge thereof is Harvard Business Services, Inc.

**THIRD:** The purpose of the Corporation is to engage in any lawful activity for which corporations may be organized under the Delaware General Corporation Law (the "DGCL").

**FOURTH:** The Corporation is authorized to issue a total number of shares of250,000,000 shares having a par value of$0.0001 per share. All shares shall be common shares and of one class.

**FIFTH:** The business and affairs of the Corporation shall be managed by or under the direction of the Board of Directors (the "Board"), and the directors comprising the Board (the "Directors") need not be elected by written ballot. The number of Directors on the Board shall be set by a resolution of the Board.

**SIXTH:** The Corporation shall exist perpetually unless otherwise decided by a majority of the Board.

**SEVENTH:** In furtherance and not in limitation of the powers conferred by the laws of the State of Delaware, the Board is authorized to amend or repeal the bylaws.

**EIGHTH:** The Corporation reserves the right to amend or repeal any provision in this Certificate of Incorporation in the manner prescribed by the laws of the State of Delaware.

**NINTH:** The incorporator is Harvard Business Services, Inc., the mailing address of which is 16192 Coastal Highway, Lewes, DE 19958.

**TENTH:** To the fullest extent permitted by the DGCL, a Director of the Corporation shall not be personally liable to the Corporation or its stockholders for monetary damages for breach of fiduciary duty as a Director. No amendment to, modification of, or repeal of this item Tenth shall apply to or have any effect on the liability of a Director for or with respect to any acts or omissions of such Director occurring prior to such amendment. If the DGCL is amended to authorize corporate action further eliminating or limiting the personal liability of Directors, then this Certificate should be read to eliminate or limit the liability of a Director of the Corporation to the fullest extent permitted by the DGCL, as so amended.

I, the undersigned, for the purpose of forming a corporation under the laws of the State of Delaware do make and file this certificate, and do certify that the facts herein stated are true; and have accordingly signed below.

---

| | |
|:---|:---|
|  | */s/ Michael J. Bell* |
|  | Harvard Business Services, Inc., Incorporator  |
|  | By: Michael J. Bell, President |
| State of Delaware <br> Secretary of State <br> Division of Corporations<br> Delivered 02:58 PM 08/28/2025 <br> FILED 02:58 PM 08/28/2025<br> SR 20253820729 - File Number 10313853 |  |

---

## Exhibit 3.2

**EXHIBIT 3.2**

**<u>BY-LAWS</u>**

**<u>OF</u>**

**<u>UMeWorld Inc.</u>**

**(the "<u>Corporation</u>")**

**<u>A DELAWARE CORPORATION</u>**

**ARTICLE I - REGISTERED AGENT AND REGISTERED OFFICE**

Section 1. <u>Registered Office; Registered Agent:</u> The registered office of the Corporation in the State of Delaware shall initially be 16192 Coastal Highway, in the city of Lewes, County of Sussex. The Board of Directors may determine to change such registered office of the Corporation in the State of Delaware in its discretion. The registered agent initially in charge thereof shall be Harvard Business Services, Inc. until such agent resigns or is removed by the Board of Directors.

Section 2. <u>Other Offices:</u> The Corporation may also have offices in such other States or jurisdictions as the Board of Directors may from time to time designate.

**ARTICLE II - SEAL**

Section 1. <u>Corporate Seal:</u> The Corporate Seal shall have inscribed thereon the name of the Corporation, the year of its organization and the words "Corporate Seal, Delaware" or "Seal Delaware". The Board of Directors may define any additional features of the Seal or amend any features not required for such a Seal under the Delaware General Corporation Law (the "<u>DGCL</u>"), in its discretion. The Seal may be used by causing it or a facsimile thereof to be impressed or affixed or reproduced or otherwise, as may be prescribed by law or custom or by the Board of Directors.

**ARTICLE III - STOCKHOLDERS MEETINGS**

Section 1. <u>Place of Meetings:</u> Meetings of stockholders may be held at any place, either within or without the State of Delaware and the United States, as may be selected from time to time by the Board of Directors. In the discretion of the Board of Directors, meetings may also be held by means of telephonic, video, or other remote communication whereby each party can hear and be heard by the other parties as may be designated from time to time by a resolution of the Board of Directors and as set forth in the notice for the relevant meeting.

Section 2. <u>Annual Meetings:</u> The annual meeting of the stockholders for the election of members of the Board of Directors (each a "<u>Director</u>") and for the transaction of such other business as may properly come before the meeting shall be held at such date, time and place, if any, as shall be determined by the Board of Directors and stated in the notice of the meeting. If no date for the annual meeting is established or said meeting is not held on the date established as provided above, a special meeting in lieu thereof may be held or there may be action by written consent of the stockholders on matters to be voted on at the annual meeting, and such special meeting or written consent shall have for the purposes of these By Laws or otherwise all the force and effect of an annual meeting.

Section 3. <u>Special Meetings:</u> Special meetings of the stockholders may be called at any time by the President, a resolution of the Board of Directors, or by stockholders entitled to cast at least one-fifth (1/5) of the votes which all stockholders are entitled to cast. Upon written request to the Corporation of any person or persons who have duly called a special meeting, it shall be the duty of the Secretary to fix the date, place and time of the meeting, and to give due notice thereof to all the persons entitled to vote at the meeting. Business at all special meetings shall be confined to the objects stated in the notice of the meeting and the matters immediately germane thereto.

Section 4. <u>Notice of Meetings:</u> Notice of the place, if any, date, hour, the record date for determining the stockholders entitled to vote at the meeting or the specific details for accessing a meeting held through any remote means of communication, if any, of every meeting of stockholders shall be given by the Corporation not less than ten (10) days nor more than sixty (60) days before the meeting (unless a different time is specified by law) to every stockholder entitled to vote at the meeting as of the record date set forth such purpose. Notices of special meetings shall also specify the purpose or purposes for which the meeting has been called. Notices of meetings to stockholders may be given by mailing the same, addressed to the stockholder entitled thereto, at such stockholder's mailing address as it appears on the records of the Corporation and such notice shall be deemed to be given when deposited in the U.S. mail, postage prepaid. Without limiting the manner by which notices of meetings otherwise may be given effectively to stockholders, any such notice may also be effectively provided by means of electronic transmission (meaning an "<u>Electronic Transmission</u>" in accordance with Section 232 of the DGCL. Notice of any meeting need not be given to any stockholder who shall, either before or after the meeting, submit a waiver of notice or who shall attend such meeting, except when the stockholder attends for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened. Any stockholder so waiving notice of the meeting shall be bound by the proceedings of the meeting in all respects as if due notice thereof had been given.

Section 5. <u>Adjournment:</u> Any meeting of the stockholders, annual or special, may be adjourned from time to time by a vote of the majority of the shares present to reconvene at the same or some other place, if any, and notice need not be given of any such adjourned meeting if the time, place, if any, thereof, and the means of remote communication, if any, are announced at the meeting at which the adjournment is taken. At the adjourned meeting, the Corporation may transact any business which might have been transacted at the original meeting. If the adjournment is for more than thirty (30) days, a notice of the adjourned meeting shall be given to each stockholder of record entitled to vote at the meeting. If, after the adjournment, a new record date is fixed for stockholders entitled to vote at the adjourned meeting, the Board of Directors shall fix a new record date for notice of the adjourned meeting and shall give notice of the adjourned meeting to each stockholder of record entitled to vote at the adjourned meeting as of the record date fixed for notice of the adjourned meeting.

Section 6. <u>Quorum:</u> A majority of the outstanding shares of the Corporation entitled to vote at a given meeting, represented in person or by proxy, shall constitute a quorum at such meeting of stockholders. If less than a majority of the outstanding shares entitled to vote at such meeting is represented at a meeting, a majority of the shares so represented may adjourn the meeting as set forth above in Section 5 at any time without further notice.

Section 7. <u>Voting; Proxies:</u> Unless otherwise required by law or the Certificate of Incorporation, the election of Directors shall be decided by a plurality of the votes cast at a meeting of the stockholders by the holders of stock entitled to vote in the election. Unless otherwise required by law, the Certificate of Incorporation, or these By-Laws, any matter, other than the election of Directors, brought before any meeting of stockholders shall be decided by the affirmative vote of the majority of shares present in person or represented by proxy at the meeting and entitled to vote on the matter. Each stockholder entitled to vote at a meeting of stockholders or to express consent to corporate action in writing without a meeting may authorize another person or persons to act for such stockholder by proxy or by a transmission permitted by Section 212(c) of the DGCL, but no such proxy shall be voted or acted upon after three (3) years from its date, unless the proxy provides for a longer period. A proxy shall be irrevocable if it states that it is irrevocable and if, and only as long as, it is coupled with an interest sufficient in law to support an irrevocable power. A stockholder may revoke any proxy which is not irrevocable by attending the meeting and voting in person or by delivering to the Secretary of the Corporation a revocation of the proxy or a new proxy bearing a later date. Voting at meetings of stockholders need not be by written ballot. The Corporation shall not directly or indirectly vote any share of its own stock; provided, however, that the Corporation may vote shares which it holds in a fiduciary capacity to the extent permitted by law.

Section 8. <u>Consent In Lieu of Meetings:</u> Any action required to be taken at any annual or special meeting of stockholders of a 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 in writing (including one provided through Electronic Transmission), setting forth the action so taken, shall be 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 and voted. Prompt notice of the taking of the corporate action without a meeting by less than unanimous written consent shall be given to those stockholders who have not consented in writing.

Section 9. <u>Setting the Record Date:</u> In order that the Corporation may determine the stockholders entitled to notice of or to vote at any meeting of stockholders or any adjournment thereof, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which record date shall not be more than sixty (60) nor less than ten (10) days before the date of such meeting. If the Board of Directors so fixes a date, such date shall also be the record date for determining the stockholders entitled to vote at such meeting unless the Board of Directors determines, at the time it fixes such record date, that a later date on or before the date of the meeting shall be the date for making such determination. 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 shall be at the close of business on the day next preceding the day on which notice is given, or, if notice is waived, at the close of business on the day next preceding the day on which the meeting is held. A determination of stockholders of record entitled to notice of or to vote at a meeting of stockholders shall apply to any adjournment of the meeting; provided, however, that the Board of Directors may fix a new record date for the determination of stockholders entitled to vote at the adjourned meeting and in such case shall also fix as the record date for stockholders entitled to notice of such adjourned meeting the same or an earlier date as that fixed for the determination of stockholders entitled to vote therewith at the adjourned meeting. In order that the Corporation may determine the stockholders entitled to consent to corporate action in writing without a meeting, the Board of Directors may fix a record date, which record date shall not precede the date upon which the resolution fixing the record date is adopted by the Board of Directors, and which record date shall not be more than ten (10) days after the date upon which the 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 a meeting: (a) when no prior action by the Board of Directors is required by law, the record date for such purpose 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 (by hand, or by certified or registered mail, return receipt requested) to its registered office in the State of Delaware, its principal place of business, or an officer or agent of the Corporation having custody of the book in which proceedings of meetings of stockholders are recorded and (b) if prior action by the Board of Directors is required by law, the record date for such purpose shall be at the close of business on the day on which the Board of Directors adopts the resolution taking such prior action.

Section 10. <u>List of Stockholders:</u> The Corporation shall prepare a complete list of the stockholders entitled to vote at any meeting of stockholders (provided, however, if the record date for determining the stockholders entitled to vote is less than ten (10) days before the date of the meeting, the list shall reflect the stockholders entitled to vote as of the tenth (10nth) day before the meeting date), arranged in alphabetical order, and showing the address of each stockholder and the number of shares of each class of capital stock of the Corporation registered in the name of each stockholder at least ten (10) days before any meeting of the stockholders. Such list shall be open to the examination of any stockholder, for any purpose germane to the meeting, on a reasonably accessible electronic network if the information required to gain access to such list was provided with the notice of the meeting or during ordinary business hours, at the principal place of business of the Corporation for a period of at least ten (10) days before the meeting. If the meeting is to be held at a place, the list shall also be produced and kept at the time and place of the meeting the whole time thereof and may be inspected by any stockholder who is present. If the meeting is held solely by means of remote communication, the list shall also be open for inspection by any stockholder during the whole time of the meeting as provided by applicable law. Except as provided by applicable law, the stock ledger of the Corporation shall be the only evidence as to who are the stockholders entitled to examine the stock ledger and the list of stockholders or to vote in person or by proxy at any meeting of stockholders.

Section 11. <u>Conduct of Meetings:</u> The Board of Directors may adopt by resolution such rules and regulations for the conduct of the meeting of the stockholders as it shall deem appropriate. At every meeting of the stockholders, the President, or in his or her absence or inability to act, the person whom the President shall appoint, shall act as chairman of, and preside at, the meeting. The Secretary or, in his or her absence or inability to act, the person whom the chairman of the meeting shall appoint to serve as secretary of the meeting, shall act as secretary of the meeting and keep the minutes thereof. Except to the extent inconsistent with such rules and regulations as adopted by the Board of Directors, the chairman of any meeting of the stockholders shall have the right and authority to prescribe such rules, regulations, and procedures and to do all such acts as, in the judgment of such chairman, are appropriate for the proper conduct of the meeting. Such rules, regulations, or procedures, whether adopted by the Board of Directors or prescribed by the chairman of the meeting, may include, without limitation, the following: (a) the establishment of an agenda or order of business for the meeting; (b) the determination of when the polls shall open and close for any given matter to be voted on at the meeting; (c) rules and procedures for maintaining order at the meeting and the safety of those present; (d) limitations on attendance at or participation in the meeting to stockholders of record of the Corporation, their duly authorized and constituted proxies or such other persons as the chairman of the meeting shall determine; (e) restrictions on entry to the meeting after the time fixed for the commencement thereof; and (f) limitations on the time allotted to questions or comments by participants.

**ARTICLE IV - DIRECTORS**

Section 1. <u>Board Management:</u> The business and affairs of the Corporation shall be managed by or under the direction of its Board of Directors. The Board of Directors shall consist of such number of persons as the Board of Directors shall determine from time to time, in its discretion. In the absence of the Board of Director's determination to change such number, the Corporation shall have three (3) Directors. Each Director shall hold office until a successor is duly elected and qualified or until the Director's earlier death, resignation, disqualification, or removal. Any Director may resign at any time by notice given in writing (including through Electronic Transmission) to the Corporation. Such resignation shall take effect at the date of receipt of such notice by the Corporation or at such later time as is therein specified. Verbal resignation shall not be deemed effective until confirmed by the Director in writing (including through Electronic Transmission) to the Corporation. Except as prohibited by applicable law or the Certificate of Incorporation, the stockholders entitled to vote in an election of Directors may remove any Director from office at any time, with or without cause, by the affirmative vote of a majority in voting power thereof.

Section 2. <u>Regular Meetings:</u> Regular meetings of the Board of Directors may be held without notice at such times and at such places as may be determined from time to time by the Board of Directors or its chairman.

Section 3. <u>Special Meetings:</u> Special meetings of the Board of Directors may be called by the Chairman of the Board of Directors on five (5) days' notice to all Directors, either personally or by mail, courier service, or through Electronic Transmission; special meetings may be called by the President or Secretary in like manner and on like notice by written request (including by request through Electronic Transmission) to the Chairman of the Board of Directors.

Section 4. <u>Telephonic or Web Meetings:</u> Board of Director's meetings or committee meetings, regular or special, may be held by means of telephone conference or other communications equipment by means of which all persons participating in the meeting can hear each other and be heard, as may be determined by the Board of Directors. Attendance by a Director in a meeting through the relevant media pursuant to this Section 4 shall constitute presence in person at such meeting.

Section 5. <u>Quorum:</u> A majority of the total number of Directors shall constitute a quorum of any regular or special meetings of the Directors for the transaction of business.

Section 6. <u>Voting:</u> Except as otherwise expressly required by these By-Laws, the Certificate of Incorporation, or by applicable law, the vote of a majority of the Directors present at a meeting at which a quorum is present shall be the act of the Board of Directors.

Section 7. <u>Consent In Lieu of Meeting:</u> 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 Directors or members of such committee, as the case may be, consent thereto in writing (including through Electronic Transmission), and the consents are filed with the minutes of proceedings of the Board of Directors or committee in accordance with the DGCL.

Section 8. <u>Board Committees:</u> The Board of Directors may designate one or more committees, each committee to consist of one or more of the Directors of the Corporation. The Board of Directors may designate one or more Directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. If a member of a committee shall be absent from any meeting, or disqualified from voting thereat, the remaining member or members present at the meeting and not disqualified from voting, whether or not such member or members constitute a quorum, may unanimously appoint another member of the Board of Directors to act at the meeting in the place of any such absent or disqualified member. Any such committee, to the extent permitted by the DGCL, shall have and may exercise all the powers and authority of the Board of Directors in the management of the business and affairs of the Corporation and may authorize the seal of the Corporation to be affixed to all papers that may require it to the extent so authorized by the Board of Directors. Unless the Board of Directors provides otherwise, at all meetings of such committee, a majority of the then authorized members of the committee shall constitute a quorum for the transaction of business, and the vote of a majority of the members of the committee present at any meeting at which there is a quorum shall be the act of the committee. Each committee shall keep regular minutes of its meetings. Unless the Board of Directors provides otherwise, each committee designated by the Board of Directors may make, alter, and repeal rules and procedures for the conduct of its business. In the absence of such rules and procedures each committee shall conduct its business in the same manner as the Board of Directors conducts its business pursuant to this Article IV.

Section 9. <u>Compensation:</u> Directors may receive equity compensation or such fees as the Board of Directors may determine from time to time. In addition, a fixed sum per Board of Directors or committee meeting and any expenses of attendance may be allowed for attendance at each regular or special meeting. Nothing herein contained shall be construed to preclude any director from serving the Corporation as an officer or employee and receiving compensation therefore.

**ARTICLE V - OFFICERS**

Section 1. <u>Executive Officers:</u> The executive officers of the Corporation shall be chosen by the Board of Directors. The initial officers shall be: President, Secretary, and Treasurer. The Board may choose one or more Vice Presidents and such other officers as the Board of Directors shall deem necessary, and may delegate the selection of lesser officers to one or more executive officers of the Corporation. The Board of Directors may also choose a Chairman from among its own members. Any number of offices may be held by the same person, including a Director.

Section 2. <u>Salaries:</u> Salaries of all officers and agents of the Corporation shall be determined and fixed by the Board of Directors. The primary terms of such officers' and agents' compensation, responsibilities, obligations and other terms of employment shall be set forth in an employment agreement between the officer and the Corporation.

Section 3. <u>Term of Office:</u> Subject to the terms of any employment agreement between the Corporation and the officers, the officers of the Corporation shall serve at the pleasure of the Board of Directors and shall hold office until their successors are chosen and have qualified. Any officer or agent elected or appointed by the Board may be removed by the Board of Directors whenever, in its judgment, the best interest of the Corporation will be served thereby.

Section 4. <u>President:</u> The President shall be chief executive officer of the Corporation, shall preside at all meetings of the stockholders, and shall have general and active management of the business of the Corporation. He or she may be an ex officio member of all committees if provided for by the Board of Directors, and shall have the general power and duties of supervision and management, the scope of which shall be set by the Board of Directors.

Section 5. <u>Secretary:</u> The Secretary shall attend all sessions of the Board of Directors and all meetings of the stockholders and act as clerk thereof, and record all votes of the Corporation and the minutes of all its transactions in a book to be kept for that purpose, and shall perform like duties for all the committees of the Board of Directors when required. He or she shall give, or cause to be given, notice of all meetings of the stockholders and of the Board of Directors, and such other duties as may be prescribed by the Board of Directors or President, under whose supervision shall be. He or she shall keep in safe custody the Seal of the Corporation, and when authorized by the Board of Directors, affix the same to any instrument requiring it.

Section 6. <u>Treasurer:</u> The Treasurer shall have custody of the corporate funds and securities and shall keep full and accurate accounts of receipts and disbursements in books belonging to the Corporation and shall keep the moneys of the Corporation in a separate account to the credit of the Corporation. He or she shall disburse the funds of the Corporation as may be ordered by the Board, taking proper vouchers for such disbursements, and shall render to the President and Directors, at the regular meetings of the Board or whenever they may require it, an account of all his transactions as Treasurer and of the financial condition of the Corporation.

Section 7. <u>Delegation; Customary Powers:</u> In case any officer is absent, or for any other reason that the Board of Directors may deem sufficient, the President or the Board of Directors may delegate for the time being the powers or duties of such officer to any other officer or to any Director. Each officer of the Corporation shall have in addition to the duties and powers specifically set forth herein such duties and powers as are customarily incident to such officer's office, and such duties and powers as may be designated from time to time by the Board of Directors.

**ARTICLE VI - CORPORATE RECORDS**

Section 1. <u>Maintenance of Records:</u> Any records administered by or on behalf of the Corporation in the regular course of its business, including its stock ledger, books of account, and minute books, may be maintained on any information storage device, method, or one or more electronic networks or databases (including one or more distributed electronic networks or databases); provided that the records so kept can be converted into clearly legible paper form within a reasonable time, and, with respect to the stock ledger, the records so kept comply with Section 224 of the DGCL. The Corporation shall so convert any records so kept upon the request of any person entitled to inspect such records pursuant to applicable law.

Section 2. <u>Inspection Rights:</u> Any stockholder of record, in-person or by attorney or other agent, shall, upon written demand under oath stating the purpose thereof, have the right during the usual hours of business to inspect for any proper purpose the Corporation's stock ledger, a list of its stockholders, and its minute of Stockholder meetings for the past two (2) years. A proper purpose shall mean a purpose reasonably related to such person's interest as a stockholder. In every instance where an attorney or other agent shall be the person who seeks the right to inspection, the demand under oath shall be accompanied by a power of attorney or such other writing which authorizes the attorney or other agent to so act on behalf of the stockholder. The demand under oath shall be directed to the Corporation at its registered office or at its principal place of business.

**ARTICLE VII - STOCK CERTIFICATES, DIVIDENDS, ETC.**

Section 1. <u>Certification of Shares:</u> The shares of stock of the Corporation may or may not be represented by certificates; the Board of Directors may provide by resolution or resolutions that some or all of any class or series shall be uncertificated shares that may be evidenced by a book-entry system maintained by the registrar of such stock. If shares are represented by certificates, such certificates shall be in the form, other than bearer form, approved by the Board of Directors. The certificates representing shares of stock of each class shall be signed by, or in the name of, the Corporation by any two authorized officers of the Corporation. Any or all such signatures may be facsimiles. Although any officer, transfer agent, or registrar whose manual or facsimile signature is affixed to such a certificate ceases to be such officer, transfer agent, or registrar before such certificate has been issued, it may nevertheless be issued by the Corporation with the same effect as if such officer, transfer agent, or registrar were still such at the date of its issue.

Section 2. <u>Transfers</u>: Stock of the Corporation shall be transferable in the manner prescribed by law and in these by-laws. Any transfer of stock by a stockholder must be made in compliance with the Securities Act of 1933, as amended, as well as similar state securities laws. Transfers of stock shall be made on the books of the Corporation only by the holder of record thereof, by such person's attorney lawfully constituted in writing and, in the case of certificated shares, upon the surrender of the certificate thereof, which shall be cancelled before a new certificate or uncertificated shares shall be issued. No transfer of stock shall be valid as against the Corporation for any purpose until it shall have been entered in the stock records of the Corporation by an entry showing from and to whom transferred. To the extent designated by the President or the Treasurer of the Corporation, the Corporation may recognize the transfer of fractional uncertificated shares, but shall not otherwise be required to recognize the transfer of fractional shares.

Section 3. <u>Lost Certificates:</u> The Board of Directors may direct a new certificate or uncertificated shares to be issued in place of any certificate theretofore issued by the Corporation alleged to have been lost, stolen, or destroyed upon the making of an affidavit of that fact by the owner of the allegedly lost, stolen, or destroyed certificate. When authorizing such issue of a new certificate or uncertificated shares, the Board of Directors may, in its discretion and as a condition precedent to the issuance thereof, require the owner of the lost, stolen, or destroyed certificate, or the owner's legal representative to give the Corporation a bond sufficient to indemnify it against any claim that may be made against the Corporation with respect to the certificate alleged to have been lost, stolen, or destroyed or the issuance of such new certificate or uncertificated shares.

Section 4. <u>Dividends:</u> Subject to applicable law and the Certificate of Incorporation, dividends upon the shares of capital stock of the Corporation may be declared by the Board of Directors at any regular or special meeting of the Board of Directors. Dividends may be paid in cash, in property, or in shares of the Corporation's capital stock, unless otherwise provided by applicable law or the Certificate of Incorporation.

Section 5. <u>Reserves:</u> Before payment of any dividend there may be set aside out of the net profits of the corporation such sum or sums as the directors, from time to time, in their absolute discretion, think proper as a reserve fund to meet contingencies, or for equalizing dividends, or for repairing or maintaining the property of the corporation, or for such other purpose as the directors shall think conducive to the interests of the corporation, and the directors may abolish any such reserve in the manner in which it was created.

**ARTICLE VIII - INDEMNIFICATION AND ADVANCEMENT**

Section 1. <u>Definitions:</u> Solely for purposes of this Article VIII, the following terms shall have the definitions set forth below:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) "<u>Disinterested Director</u>" means, with respect to each Proceeding in respect of which indemnification is sought hereunder, a Director of the Corporation who is not and was not a party to such Proceeding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) "<u>Expenses</u>" means all reasonable attorneys' fees, retainers, court costs, transcript costs, fees of expert witnesses, private investigators and professional advisors (including, without limitation, accountants and investment bankers), travel expenses, duplicating costs, printing and binding costs, costs of preparation of demonstrative evidence and other courtroom presentation aids and devices, costs incurred in connection with document review, organization, imaging and computerization, telephone charges, postage, delivery service fees, and all other disbursements, costs or expenses of the type customarily incurred in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, settling or otherwise participating in, a Proceeding.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) "<u>Non-Officer Employee</u>" means any person who serves or has served as an employee or agent of the Corporation, but who is not or was not a Director or Officer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) "<u>Officer</u>" means any person who serves or has served the Corporation as an officer appointed by the Board of Directors of the Corporation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) "<u>Proceeding</u>" means any threatened, pending or completed action, suit, arbitration, alternate dispute resolution mechanism, inquiry, investigation, administrative hearing or other proceeding, whether civil, criminal, administrative, arbitrative or investigative.

Section 2. <u>Indemnification of Directors and Officers:</u> Subject to the operation of Section 4 of this Article VIII, each Director and Officer 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 (but, in the case of any such amendment, only to the extent that such amendment permits the Corporation to provide broader indemnification rights than such law permitted the Corporation to provide prior to such amendment) against any and all Expenses, judgments, penalties, fines and amounts reasonably paid in settlement that are incurred by such Director or Officer or on such Director's or Officer's behalf in connection with any threatened, pending or completed Proceeding or any claim, issue or matter therein, which such Director or Officer is, or is threatened to be made, a party to or participant in by reason of such Director's or Officer's status or conduct as such, if such Director or Officer acted in good faith and in a manner such Director or Officer reasonably believed to be in or not opposed to the best interests of the Corporation and, with respect to any criminal proceeding, had no reasonable cause to believe his or her conduct was unlawful. The rights of indemnification provided by this Section 2 shall continue as to a Director or Officer after he or she has ceased to be a Director or Officer and shall inure to the benefit of his or her heirs, executors, administrators and personal representatives.

Section 3. <u>Indemnification of Non-Executive Employees:</u> Subject to the operation of Section 4 of this Article VIII of these By-Laws, each Non-Officer Employee may, in the discretion of the Board of Directors of the Corporation, be indemnified by the Corporation to the fullest extent authorized by the DGCL, as the same exists or may hereafter be amended, against any or all Expenses, judgments, penalties, fines and amounts reasonably paid in settlement that are incurred by such Non-Officer Employee or on such Non-Officer Employee's behalf in connection with any threatened, pending or completed Proceeding, or any claim, issue or matter therein, which such Non-Officer Employee is, or is threatened to be made, a party to or participant in by reason of such Non-Officer Employee's status or conduct as such, if such Non-Officer Employee acted in good faith and in a manner such Non-Officer Employee reasonably believed to be in or not opposed to the best interests of the Corporation and, with respect to any criminal proceeding, had no reasonable cause to believe his or her conduct was unlawful. The rights of indemnification provided by this Section 3 shall exist as to a Non-Officer Employee after he or she has ceased to be a Non-Officer Employee and shall inure to the benefit of his or her heirs, personal representatives, executors and administrators. Notwithstanding the foregoing, the Corporation may indemnify any Non-Officer Employee seeking indemnification in connection with a Proceeding initiated by such Non-Officer Employee only if such Proceeding was authorized by the Board of Directors of the Corporation.

Section 4. <u>Good Faith:</u> Unless ordered by a court, no indemnification shall be provided pursuant to this Article VIII to a Director, to an Officer or to a Non-Officer Employee unless a determination shall have been made that such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the Corporation and, with respect to any criminal Proceeding, such person had no reasonable cause to believe his or her conduct was unlawful. Such determination shall be made by (a) a majority vote of the Disinterested Directors, even though less than a quorum of the Board of Directors, (b) a committee comprised of Disinterested Directors, such committee having been designated by a majority vote of the Disinterested Directors (even though less than a quorum), (c) if there are no such Disinterested Directors, or if a majority of Disinterested Directors so directs, by independent legal counsel in a written opinion, or (d) by the stockholders of the Corporation.

Section 5. <u>Advancement of Expenses to Directors Prior to Final Disposition:</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Corporation shall advance all Expenses incurred by or on behalf of any Director in connection with any Proceeding in which such Director is involved by reason of such Director's Corporate Status within ten (10) days after the receipt by the Corporation of a written statement from such Director requesting such advance or advances from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses incurred by such Director and shall be preceded or accompanied by an undertaking by or on behalf of such Director to repay any Expenses so advanced if it shall ultimately be determined that such Director is not entitled to be indemnified against such Expenses.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) If a claim for advancement of Expenses hereunder by a Director is not paid in full by the Corporation within ten (10) days after receipt by the Corporation of documentation of Expenses and the required undertaking, such Director 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, such Director shall also be entitled to be paid the expenses of prosecuting such claim. The failure of the Corporation (including its Board of Directors or any committee thereof, independent legal counsel, or stockholders) to make a determination concerning the permissibility of such advancement of Expenses under this Article VIII shall not be a defense to the action and shall not create a presumption that such advancement is not permissible. The burden of proving that a Director is not entitled to an advancement of Expenses shall be on the Corporation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) In any suit brought by the Corporation to recover an advancement of expenses pursuant to the terms of an undertaking, the Corporation shall be entitled to recover such expenses upon a final adjudication that the Director has not met any applicable standard for indemnification set forth in the DGCL.

Section 6. <u>Advancement of Expenses to Officers and Non-Officer Employees Prior to Final</u> <u>Disposition:</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Corporation may, at the discretion of the Board of Directors of the Corporation, advance any or all Expenses incurred by or on behalf of any Officer and Non-Officer Employee in connection with any Proceeding in which such is involved by reason of such person's status and/or actions as such upon the receipt by the Corporation of a statement or statements from such Officer or Non-Officer Employee requesting such advance or advances from time to time, whether prior to or after final disposition of such Proceeding. Such statement or statements shall reasonably evidence the Expenses incurred by such Officer and Non-Officer Employee and shall be preceded or accompanied by an undertaking by or on behalf of such to repay any Expenses so advanced if it shall ultimately be determined that such Officer or Non-Officer Employee is not entitled to be indemnified against such Expenses.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) In any suit brought by the Corporation to recover an advancement of Expenses pursuant to the terms of an undertaking, the Corporation shall be entitled to recover such Expenses upon a final adjudication that the Officer or Non-Officer Employee has not met any applicable standard for indemnification set forth in the DGCL.

Section 7. <u>Contractual Nature of Rights:</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The foregoing provisions of this Article VIII shall be deemed to be a contract between the Corporation and each Director and Officer entitled to the benefits hereof at any time while this Article VIII is in effect, and any repeal or modification thereof shall not affect any rights or obligations then existing with respect to any state of facts then or theretofore existing or any Proceeding theretofore or thereafter brought based in whole or in part upon any such state of facts.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) If a claim for indemnification hereunder by a Director or Officer is not paid in full by the Corporation within sixty (60) days after receipt by the Corporation of a written claim for indemnification, such Director or Officer 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, such Director or Officer shall also be entitled to be paid the expenses of prosecuting such claim. The failure of the Corporation (including its Board of Directors or any committee thereof, independent legal counsel, or stockholders) to make a determination concerning the permissibility of such indemnification under this Article VIII shall not be a defense to the action and shall not create a presumption that such indemnification is not permissible. The burden of proving that a Director or Officer is not entitled to indemnification shall be on the Corporation.

**ARTICLE IX - AMENDMENTS**

Section 1. These By-Laws may be supplemented, amended, or repealed by the Board or by a vote of stockholders entitled to cast at least a majority of the votes which all stockholders are entitled to cast thereon, at any regular or special meeting of the stockholders, duly convened after notice to the stockholders of that purpose; provided, that (a) the Board of Directors may not alter, amend or repeal any provision of these By Laws which under the DGCL, by the Certificate of Incorporation or by these By Laws requires action by the stockholders and (b) any alteration, amendment or repeal of these By Laws by the Board of Directors and any new By Law adopted by the Board of Directors may be altered, amended or repealed by the stockholders as set forth in this Section.

**ARTICLE X - MISCELLANEOUS PROVISIONS**

Section 1. <u>Checks:</u> All checks or demands for money and notes of the corporation shall be signed by such officer or officers as the Board of Directors may from time to time designate.

Section 2. <u>Fiscal Year:</u> The fiscal year of the Corporation shall be the calendar year, unless otherwise determined by the Board of Directors.

Section 3. <u>Delaware Chancery Forum Selection:</u> Unless the Corporation consents in writing to the selection of an alternative forum, the Court of Chancery of the State of Delaware shall, to the fullest extent permitted by law, be the sole and exclusive forum for: (a) any derivative action or proceeding brought on behalf of the Corporation, (b) any action asserting a claim for breach of a fiduciary duty owed by any Director, officer, employee or agent of the Corporation to the Corporation or the Corporation's stockholders, (c) any action asserting a claim arising pursuant to any provision of the DGCL, the Certificate of Incorporation or these By-Laws or (d) any action asserting a claim governed by the internal affairs doctrine, in each case subject to said Court of Chancery having personal jurisdiction over the indispensable parties named as defendants therein.

Section 4. <u>Notice:</u> Whenever notice is required to be given to any person by these By-Laws, such notice shall be deemed given effectively if given in person, by mail addressed to such person at such person's address as it appears on the records of the Corporation, by facsimile, or by any means of Electronic Transmission.

Section 5. <u>Waiver of Notice:</u> Whenever any written notice is required by these by-laws, a waiver thereof in writing, signed by the person or persons entitled to such a notice, whether before or after the time stated therein, including a communication sent by means of Electronic Transmission bearing the name of the person or persons entitled to notice, shall be deemed equivalent to the giving of such notice. Attendance of a person either in person or by proxy at any meeting shall constitute a waiver of notice of such meeting, except where a person attends a meeting for the express purpose of objecting to the transaction of any business because the meeting was unlawfully convened.

\* \* \* \* \*

## Exhibit 10.1

**EXHIBIT 10.1**

**RESOLUTIONS TO APPROVE SHARE EXCHANGE** 

**WITH UMEWORLD LIMITED (BVI)**

**of** 

**UMeWorld Inc.**

**(A Delaware Corporation)**

09/17/2025

The undersigned, being the sole director of UMeWorld Inc., a Delaware corporation (the "Corporation"), do hereby consent in writing, pursuant to Section 141(f) of the Delaware General Corporation Law ("DGCL"), to the adoption of the following resolutions, which shall have the same force and effect as if adopted at a duly noticed and convened meeting of the Board of Directors (the "Board").

**WHEREAS,** the Board has reviewed and considered that certain Share Exchange Agreement, dated September 18, 2025 (or such later date as the parties may mutually agree) (the "Exchange Agreement"), by and between the Corporation and UMeWorld Limited, a corporation organized under the laws of the British Virgin Islands ("UMeWorld BVI"), pursuant to which all of the issued and outstanding ordinary shares of UMeWorld BVI will be exchanged for newly issued shares of the Corporation's common stock on a one-for-one basis (the "Transaction");

**WHEREAS,** the Transaction will be effected by the issuance of authorized but unissued shares of the Corporation's common stock, par value $0.0001 per share, in exchange for the outstanding ordinary shares of UMeWorld BVI, with no additional cash consideration;

**WHEREAS,** the Board has considered (i) the terms of the Exchange Agreement (including the exchange ratio and conditions), (ii) the Corporation's authorized share position, and (iii) the adequacy of consideration for the newly issued shares under DGCL §§152–153; and

**WHEREAS,** the Board has determined that the Transaction is advisable, fair, and in the best interests of the Corporation and its stockholders.

**NOW, THEREFORE, BE IT**

**RESOLVED**, that the Exchange Agreement, in substantially the form presented to the Board, be, and hereby is, approved, authorized, and adopted, with such changes, additions, or modifications as any Authorized Officer (as defined below) may approve, such approval to be conclusively evidenced by such officer's execution and delivery thereof;

**FURTHER RESOLVED**, that, pursuant to DGCL §§152–153, the Board authorizes and approves the issuance and delivery of shares of the Corporation's common stock, par value $0.0001 per share, in exchange for the outstanding ordinary shares of UMeWorld BVI on a 1:1 basis, and the Board hereby determines that the consideration to be received is adequate;

**FURTHER RESOLVED**, that any officer of the Corporation (each, an "Authorized Officer") be, and each of them hereby is, authorized and directed, in the name and on behalf of the Corporation, to execute and deliver the Exchange Agreement and any related agreements, certificates, instruments, and documents, and to take all actions such officer deems necessary or advisable to consummate the Transaction;

**FURTHER RESOLVED**, that the Authorized Officers are authorized to prepare, execute, and file (or cause to be filed) all notices, applications, and submissions required in connection with the Transaction, including, but not limited, with FINRA (Corporate Action under Rule 6490), the U.S. Securities and Exchange Commission, OTC Markets Group, the Corporation's transfer agent (including CUSIP application/coordination), DTC, and any other applicable authority, and to instruct the transfer agent to issue and register the new shares, all without further action by the Board;

**FURTHER RESOLVED**, that to the extent any filing with the Delaware Secretary of State or other jurisdiction is required in connection with the Transaction, the Authorized Officers are authorized and directed to prepare, execute, and file such filings; provided, however, that no statutory merger filings are required for this share exchange and none are hereby authorized or intended;

**FURTHER RESOLVED**, that the Authorized Officers are authorized to pay all necessary fees and expenses (including legal, accounting, transfer-agent, CUSIP, FINRA/OTC processing, and related costs) and to make such adjustments to timing (including the effective date) as they deem advisable to facilitate orderly processing and settlement;

**FURTHER RESOLVED**, that all actions previously taken by any officer, director, employee, or agent of the Corporation in connection with the negotiation, execution, delivery, or performance of the Exchange Agreement and the Transaction are hereby ratified, confirmed, and approved in all respects;

**FURTHER RESOLVED**, that these resolutions may be executed in counterparts (including by electronic signature), each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

**IN WITNESS WHEREOF**, the undersigned, being the sole director of the Corporation, do hereby consent to and approve the foregoing resolutions by **written consent pursuant to DGCL §141(f)**, effective as of the date first written above.

---

| |
|:---|
| */s/ Michael Lee* |
| Michael Lee, Sole Director and Chief Executive Officer |

---

Sworn remotely by Michael stated as being located in the city of Toronto in the province of Ontario, before me, Fatima Farooq 80606S, in Orleans, ON on the 26th day of Sep, 2025 in accordance with O Reg 431/20 Administering Oath or Declaration Remotely.

"No legal advice was sought or given. I did not draft or review this document. Services are limited to verification of identification, witnessing of signature, and administration of oath. I take no responsibility for the contents of this declaration."

![](umewf_ex101img21.jpg) ![](umewf_ex101img22.jpg)

**RESOLUTIONS TO APPROVE SHARE EXCHANGE** 

**WITH UMEWORLD INC. (DELAWARE)**

Of

**UMeWorld Limited**

(A Company Incorporated under the Laws of the British Virgin Islands)

09/17/2025

The undersigned, being all of the directors of UMeWorld Limited, a company incorporated under the BVI Business Companies Act, 2004 (the "Company"), do hereby consent in writing, pursuant to section 129 of the BVI Business Companies Act (which permits directors to act by unanimous written consent without a meeting), to the adoption of the following resolutions, which shall have the same force and effect as if adopted at a duly convened meeting of the Board of Directors (the "Board").

**WHEREAS**, the Board has reviewed and considered that certain Share Exchange Agreement, dated September 18, 2025 (or such later date as the parties may mutually agree) (the "Exchange Agreement"), by and between the Company and UMeWorld Inc., a corporation organized under the laws of the State of Delaware ("UMeWorld Delaware"), pursuant to which all of the issued and outstanding ordinary shares of the Company will be exchanged for newly issued shares of UMeWorld Delaware's common stock on a one-for-one basis (the "Transaction");

**WHEREAS**, the Board has considered (i) the terms of the Exchange Agreement (including the exchange ratio and conditions), (ii) the Company's authorized share capital, and (iii) that the Transaction is in the best interests of the Company and its shareholders; and

**WHEREAS**, the Board has determined that the Transaction is advisable, fair, and in the best interests of the Company and its shareholders.

**NOW, THEREFORE, BE IT**

**RESOLVED**, that the Exchange Agreement, in substantially the form presented to the Board, be, and hereby is, approved, authorized, and adopted, with such changes, additions, or modifications as any Authorized Officer (as defined below) may approve, such approval to be conclusively evidenced by such officer's execution and delivery thereof;

**FURTHER RESOLVED**, that the Company is hereby authorized to transfer, convey, assign, and deliver all of the issued and outstanding ordinary shares of the Company to UMeWorld Delaware in exchange for shares of UMeWorld Delaware's common stock on a 1:1 basis, pursuant to the Exchange Agreement;

**FURTHER RESOLVED**, that any officer of the Company (each, an "Authorized Officer") be, and each of them hereby is, authorized and directed, in the name and on behalf of the Company, to execute and deliver the Exchange Agreement and any related agreements, certificates, instruments, and documents, and to take all actions such officer deems necessary or advisable to consummate the Transaction;

**FURTHER RESOLVED**, that the Authorized Officers are authorized to prepare, execute, and file (or cause to be filed) all notices, applications, and submissions required in connection with the Transaction, including to the BVI Registrar of Corporate Affairs, and to cooperate with UMeWorld Delaware in its filings with FINRA, the U.S. Securities and Exchange Commission, OTC Markets Group, and any other applicable authority;

**FURTHER RESOLVED**, that the Authorized Officers are authorized to pay all necessary fees and expenses (including legal, accounting, transfer-agent, CUSIP, FINRA/OTC processing, and related costs) and to make such adjustments to timing (including the effective date) as they deem advisable to facilitate orderly processing and settlement;

**FURTHER RESOLVED**, that all actions previously taken by any officer, director, employee, or agent of the Company in connection with the negotiation, execution, delivery, or performance of the Exchange Agreement and the Transaction are hereby ratified, confirmed, and approved in all respects;

**FURTHER RESOLVED**, that these resolutions may be executed in counterparts (including by electronic signature), each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

---

| | | |
|:---|:---|:---|
| */s/ Michael Lee* | ![](umewf_ex101img24.jpg) | ![](umewf_ex101img25.jpg) |
| Michael Lee, Director and Chief Executive Officer | ![](umewf_ex101img24.jpg) | ![](umewf_ex101img25.jpg) |

---

Sworn remotely by Michael stated as being located in the city of Toronto in the province of Ontario, before me, Fatima Farooq 80606S, in Orleans, ON <u>on the 26th day of Sep, 2025 in accordance with O Reg 431/20 Administering Oath or Declaration Remotely.</u> 

Dr. Ford Moore, Director

Dr. David Milroy, Director

**OFFICER'S CERTIFICATE**

Of

**UMEWORLD LIMITED**

I, Michael Lee, the duly appointed and acting Chief Executive Officer of **UMeWorld Limited**, a company organized under the laws of the British Virgin Islands (the "Company"), DO HEREBY CERTIFY that:

1. The shareholders of the Company have duly approved the Share Exchange Agreement, dated September 18, 2025, by and among UMeWorld Limited (BVI) and UMeWorld Inc. (Delaware), and such approval was obtained in accordance with the laws of the British Virgin Islands and the Company's organizational documents.

2. The shareholder approval is valid, binding, and effective under applicable law and authorizes the Company to consummate the transactions contemplated by the Share Exchange Agreement.

3. I am duly authorized to execute this certificate on behalf of the Company, and this certificate is made for the purpose of confirming the validity of shareholder approval as required in connection with regulatory filings relating to the Share Exchange.

IN WITNESS WHEREOF, I have hereunto set my hand this 25th day of September, 2025.

---

| | | |
|:---|:---|:---|
| */s/ Michael Lee* | ![](umewf_ex101img27.jpg) | ![](umewf_ex101img28.jpg) |
| Michael Lee<br> Chief Executive Officer <br> UMeWorld Limited | ![](umewf_ex101img27.jpg) | ![](umewf_ex101img28.jpg) |

---

Sworn remotely by Michael stated as being located in the city of Toronto in the province of Ontario, before me, Fatima Farooq 80606S, in Orleans, ON on the 26th day of Sep, 2025 in accordance with O Reg 431/20 Administering Oath or Declaration Remotely.

"No legal advice was sought or given. I did not draft or review this document. Services are limited to verification of identification, witnessing of signature, and administration of oath. I take no responsibility for the contents of this declaration."

## Exhibit 10.2

**EXHIBIT 10.2**

**RESOLUTION OF SHAREHOLDERS** 

**BY WRITTEN CONSENT**

**OF** 

**UMEWORLD LIMITED (BVI)**

The undersigned, being shareholders of UMeWorld Limited, a company incorporated under the laws of the British Virgin Islands (the "Company"), holding a majority of the voting rights of the Company, pursuant to the BVI Business Companies Act, 2004 (as amended), hereby adopt the following resolutions by written consent without a meeting:

**Recitals**

**WHEREAS,** the Company has 114,785,005 shares issued and outstanding; and

**WHEREAS,** the undersigned shareholders collectively hold 73,346,365 shares, representing a majority of the voting rights of the Company; and

**WHEREAS,** the Company has agreed to enter into a Share Exchange Agreement with UMeWorld, Inc., a Delaware corporation (the "Delaware Company"), pursuant to which all of the issued and outstanding shares of the Company will be exchanged for common shares of the Delaware Company, and the Company will become a wholly-owned subsidiary of the Delaware Company.

**Approval of Share Exchange Agreement**

**RESOLVED,** that the Share Exchange Agreement between the Company and the Delaware Company, substantially in the form presented to the shareholders, be and is hereby approved, and any director or officer of the Company be and is hereby authorized to execute and deliver such agreement on behalf of the Company.

**Approval of Exchange of Shares**

**RESOLVED,** that upon execution of the Share Exchange Agreement, all of the issued and outstanding shares of the Company shall be transferred to the Delaware Company in exchange for shares of common stock of the Delaware Company.

**Directors and Officers**

**RESOLVED,** that upon completion of the Share Exchange Agreement, the persons serving as directors and officers of the Company shall be appointed as the directors and officers, respectively, of UMeWorld, Inc., a Delaware corporation, and shall continue to serve until their successors are duly elected or appointed in accordance with applicable law and the governing documents of such corporation.

**General Authorization**

**RESOLVED,** that any director or officer of the Company be and is hereby authorized to do all such acts and things, to execute and deliver all such documents, and to make all such filings as may be necessary or desirable to carry out the intent of these resolutions.

These resolutions may be executed in counterparts and shall be deemed effective as of September 18, 2025, upon approval by shareholders holding a majority of the voting rights of the Company.

---

| | |
|:---|:---|
| By: | */s/ Chu Yee Wan* |

---

Name: Vago International Limited

Shares Held: 56,066,020

% of Total: 48.84

---

| | |
|:---|:---|
| By: | */s/ First Scion Investments Limited* |

---

Name: First Scion Investments Limited

Shares Held: 10,656,642

% of Total: 9.28

---

| | |
|:---|:---|
| By: | */s/ Michael Lee* |

---

Name: Michael Lee

Shares Held: 6,623,703

% of Total: 5.77