Document:

<PAGE>

                                                                   Exhibit 10.2

                      LIST OF SUBSCRIBERS FOR COMMON STOCK

     On March 8, 2001, the following entities subscribed to purchase the
number of shares indicated pursuant to forms of subscription agreement
attached to this Form 8-K as Exhibit 10.1:

<TABLE>
<CAPTION>
                                                 Shares of             Aggregate
Purchaser                                       Common Stock        Purchase Price
---------                                       ------------        --------------
<S>                                             <C>                 <C>
Marathon Resource Partners I Fund LP              110,000                $880,000

Hare Investment Fund LP                            50,000                 400,000

Camel Investment Fund                              40,000                 320,000

Black Bear Fund I, L.P.                           372,710               2,981,680

Black Bear Fund II, LLC                            34,471                 275,768

Black Bear Offshore Fund                          497,256               3,978,048

Black Bear Pacific Master Fund Unit Trust          95,563                 764,504

Jackson Square Partners L.P.                      200,000               1,600,000

Payden Funds Small Cap Leaders Fund                30,000                 240,000

Payden Funds U.S. Growth Leaders Fund              20,000                 160,000
                                                =========            ============
         Total:                                 1,450,000             $11,600,000
                                                =========            ============
</TABLE>charter_amend

Exhibit 4.1A

CERTIFICATE OF AMENDMENT

OF

CERTIFICATE OF INCORPORATION

OF

MAPINFO CORPORATION

Pursuant to Section 242

of the General Corporation Law of

the State of Delaware

     MapInfo Corporation (hereinafter called the "Corporation"), organized and existing under and by virtue of the General Corporation Law of the State of Delaware, does hereby certify as follows:

     At a meeting on November 1, 2000 of the Board of Directors of the Corporation a resolution was duly adopted, pursuant to Section 242 of the General Corporation Law of the State of Delaware, setting forth an amendment to
the Certificate of Incorporation of the Corporation and declaring said amendment to be advisable. The stockholders of the Corporation duly approved said proposed amendment in accordance with Section 242 of the General Corporation Law of the State of
Delaware by a majority of the outstanding stock entitled to vote thereon at the Corporation's 2001 Annual Meeting of Stockholders on February 27, 2001. The resolution setting forth the amendment is as follows:

     RESOLVED: That the first sentence of Article FOURTH of the Certificate of Incorporation of the Corporation be and hereby is deleted in its entirety and the following first sentence of Article FOURTH is inserted in
lieu thereof:
FOURTH: The total number of shares of all classes of stock which the Corporation shall have authority to issue is fifty-one million (51,000,000) shares consisting of (i) fifty million (50,000,000) shares of Common Stock, $0.002 par value per share
("Common Stock"), and (ii) one million (1,000,000) shares of Preferred Stock, $0.01 par value per share ("Preferred Stock"), which may be issued from time to time in one or more series as set forth in Part B of this Article FOURTH.

     IN WITNESS WHEREOF, the Corporation has caused its corporate seal to be affixed hereto and this Certificate of Amendment to be signed by its President this 28th day of February, 2001.

	
 
	
 
	
MAPINFO CORPORATION

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
By: 
	
/s/ Mark P. Cattini                

	
 
	
 
	
 
	
Mark P. Cattini

	
 
	
 
	
 
	
PresidentBY-LAWS

Exhibit 4.2

 

BY- LAWS

OF

MAPINFO CORPORATION

(a Delaware corporation)

 

MAPINFO CORPORATION

BY-LAWS

TABLE OF CONTENTS

	
 
	
Page

	
ARTICLE 1 - Stockholders...........................................................................................
	
1

	
 
	
 
	
 
	
 

	
 
	
1.1
	
Place of Meetings..................................................................
	
1

	
 
	
1.2
	
Annual Meeting...................................................................
	
1

	
 
	
1.3
	
Special Meetings....................................................................
	
1

	
 
	
1.4
	
Notice of Meetings................................................................
	
1

	
 
	
1.5
	
Voting List...........................................................................
	
2

	
 
	
1.6
	
Quorum................................................................................
	
2

	
 
	
1.7
	
Adjournments.......................................................................
	
2

	
 
	
1.8
	
Voting and Proxies................................................................
	
2

	
 
	
1.9
	
Action at Meeting.................................................................
	
2

	
 
	
1.10
	
Nomination of Directors......................................................
	
3

	
 
	
1.11
	
Notice of Business at Annual Meetings.................................
	
3

	
 
	
1.12
	
Action without Meeting.......................................................
	
4

	
 
	
1.13
	
Organization........................................................................
	
4

	
 
	
 
	
 
	
 

	
ARTICLE 2 - Directors................................................................................................
	
4

	
 
	
 
	
 
	
 

	
 
	
2.1
	
General Powers.....................................................................
	
4

	
 
	
2.2
	
Number; Election and Qualification....................................
	
5

	
 
	
2.3
	
Tenure..................................................................................
	
5

	
 
	
2.4
	
Vacancies...............................................................................
	
5

	
 
	
2.5
	
Resignation...........................................................................
	
5

	
 
	
2.6
	
Regular Meetings...................................................................
	
5

	
 
	
2.7
	
Special Meetings....................................................................
	
5

	
 
	
2.8
	
Notice of Special Meetings....................................................
	
5

	
 
	
2.9
	
Meetings by Telephone Conference Calls.............................
	
6

	
 
	
2.10
	
Quorum...............................................................................
	
6

	
 
	
2.11
	
Action at Meeting.................................................................
	
6

	
 
	
2.12
	
Action by Consent...............................................................
	
6

	
 
	
2.13
	
Removal...............................................................................
	
6

	
 
	
2.14
	
Committees..........................................................................
	
6

	
 
	
2.15
	
Compensation of Directors..................................................
	
7

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
 
	
 
	
 
	
 

	
ARTICLE 3 - Officers..................................................................................................
	
7

	
 
	
 
	
 
	
 

	
 
	
3.1
	
Enumeration.........................................................................
	
7

	
 
	
3.2
	
Election.................................................................................
	
7

	
 
	
3.3
	
Qualification........................................................................
	
7

	
 
	
3.4
	
Tenure..................................................................................
	
7

	
 
	
3.5
	
Resignation and Removal.....................................................
	
7

	
 
	
3.6
	
Vacancies..............................................................................
	
8

	
 
	
3.7
	
Chairman of the Board and Vice Chairman of the Board....
	
8

	
 
	
3.8
	
President...............................................................................
	
8

	
 
	
3.9
	
Vice Presidents......................................................................
	
8

	
 
	
3.10
	
Secretary and Assistant Secretaries........................................
	
8

	
 
	
3.11
	
Treasurer and Assistant Treasurers.......................................
	
9

	
 
	
3.12
	
Salaries.................................................................................
	
9

	
 
	
 
	
 
	
 

	
ARTICLE 4 - Capital Stock..........................................................................................
	
9

	
 
	
 
	
 
	
 

	
 
	
4.1
	
Issuance of Stock...................................................................
	
9

	
 
	
4.2
	
Certificates of Stock..............................................................
	
9

	
 
	
4.3
	
Transfers...............................................................................
	
10

	
 
	
4.4
	
Lost, Stolen or Destroyed Certificates...................................
	
10

	
 
	
4.5
	
Record Date..........................................................................
	
10

	
 
	
 
	
 
	
 

	
ARTICLE 5 - General Provisions.................................................................................
	
 

	
 
	
 
	
 
	
 

	
 
	
5.1
	
Fiscal Year...........................................................................
	
11

	
 
	
5.2
	
Corporate Seal.....................................................................
	
11

	
 
	
5.3
	
Waiver of Notice...................................................................
	
11

	
 
	
5.4
	
Voting of Securities...............................................................
	
11

	
 
	
5.5
	
Evidence of Authority..........................................................
	
11

	
 
	
5.6
	
Certificate of Incorporation..................................................
	
11

	
 
	
5.7
	
Transactions with Interested Parties.....................................
	
11

	
 
	
5.8
	
Severability..........................................................................
	
12

	
 
	
5.9
	
Pronouns.............................................................................
	
12

	
 
	
 
	
 
	
 

	
ARTICLE 6 - Amendments..........................................................................................
	
 

	
 
	
 
	
 
	
 

	
 
	
6.1
	
By the Board of Directors.....................................................
	
12

	
 
	
6.2
	
By the Stockholders..............................................................
	
12

 

 

 

 

 

 

BY-LAWS

OF

MAPINFO CORPORATION

 

ARTICLE 1 - Stockholders

     1.1     Place of Meetings. All meetings of stockholders shall be held at such place within or without the State of Delaware as may be designated from time to time by the Board of
Directors or the President or, if not so designated, at the registered office of the corporation.

     1.2     Annual Meeting. The annual meeting of stockholders for the election of directors and for the transaction of such other business as may properly be brought before the meeting shall
be held within six months after the end of each fiscal year of the corporation on a date to be fixed by the Board of Directors or the President (which date shall not be a legal holiday in the place where the meeting is to be held) at the time and place to
be fixed by the Board of Directors or the President and stated in the notice of the meeting. If no annual meeting is held in accordance with the foregoing provisions, the Board of Directors shall cause the meeting to be held as soon thereafter as
convenient. If no annual meeting is held in accordance with the foregoing provisions, a special meeting may be held in lieu of the annual meeting, and any action taken at that special meeting shall have the same effect as if it had been taken at the
annual meeting, and in such case all references in these By-Laws to the annual meeting of the stockholders shall be deemed to refer to such special meeting.

     1.3     Special Meetings. Special meetings of stockholders may be called at any time by the Chairman of the Board of Directors, the Chief Executive Officer (or, if there is no Chief
Executive Officer, the President) or the Board of Directors. Business transacted at any special meeting of stockholders shall be limited to matters relating to the purpose or purposes stated in the notice of meeting.

     1.4     Notice of Meetings. Except as otherwise provided by law, written notice of each meeting of stockholders, whether annual or special, shall be given not less than 10 nor more than 60
days before the date of the meeting to each stockholder entitled to vote at such meeting. The notices of all meetings shall state the place, date and hour of the meeting. The notice of a special meeting shall state, in addition, the purpose or purposes
for which the meeting is called. If mailed, notice is given when deposited in the United States mail, postage prepaid, directed to the stockholder at his or her address as it appears on the records of the corporation.

     1.5     Voting List. The officer who has charge of the stock ledger of the corporation shall prepare, at least 10 days before every meeting of stockholders, a complete list of the
stockholders entitled to vote at the meeting, arranged in alphabetical order, and showing the address of each stockholder and the number of shares registered in the name of each stockholder. Such list shall be open to the examination of any stockholder,
for any purpose germane to the meeting, during ordinary business hours, for a period of at least 10 days prior to the meeting, at a place within the city where the meeting is to be held. The list shall also be produced and kept at the time and place of
the meeting during the whole time of the meeting, and may be inspected by any stockholder who is present.

     1.6     Quorum. Except as otherwise provided by law, the Certificate of Incorporation or these By-Laws, the holders of a majority of the shares of the capital stock of the corporation
issued and outstanding and entitled to vote at the meeting, present in person or represented by proxy, shall constitute a quorum for the transaction of business.

     1.7     Adjournments. Any meeting of stockholders may be adjourned to any other time and to any other place at which a meeting of stockholders may be held under these By-Laws by the
stockholders present or represented at the meeting and entitled to vote, although less than a quorum, or, if no stockholder is present, by any officer entitled to preside at or to act as Secretary of such meeting. It shall not be necessary to notify any
stockholder of any adjournment of less than 30 days if the time and place of the adjourned meeting are announced at the meeting at which adjournment is taken, unless after the adjournment a new record date is fixed for the adjourned meeting. At the
adjourned meeting, the corporation may transact any business which might have been transacted at the original meeting.

     1.8     Voting and Proxies. Each stockholder shall have one vote for each share of stock entitled to vote held of record by such stockholder and a proportionate vote for each fractional
share so held, unless otherwise provided by the General Corporation Law of the State of Delaware, the Certificate of Incorporation or these By-Laws. Each stockholder of record entitled to vote at a meeting of stockholders, or to express consent or dissent
to corporate action in writing without a meeting, may vote or express such consent or dissent in person or in such other manner as may from time to time be permitted by law, or may authorize another person or persons to vote or act for him or her by written proxy executed by the stockholder or his or her authorized agent and delivered to the
Secretary of the corporation or in such other manner as may from time to time be permitted by law. No such proxy shall be voted or acted upon after three years from the date of its execution, unless the proxy expressly provides for a longer period.

     1.9     Action at Meeting. When a quorum is present at any meeting, the holders of a majority of the stock present or represented and voting on a matter (or if there are two or more classes
of stock entitled to vote as separate classes, then in the case of each such class, the holders of a majority of the stock of that class present or represented and voting on a matter) shall decide any matter to be voted upon by the stockholders at such
meeting, except when a different vote is required by express provision of law, the Certificate of Incorporation or these By-Laws. Any election by stockholders shall be determined by a plurality of the votes cast by the stockholders entitled to vote at the
election.

     1.10     Nomination of Directors. Only persons who are nominated in accordance with the following procedures shall be eligible for election as directors. Nomination for election to the
Board of Directors of the corporation at a meeting of stockholders may be made by the Board of Directors or by any stockholder of the corporation entitled to vote for the election of directors at such meeting who complies with the notice procedures set
forth in this Section 1.10. Such nominations, other than those made by or on behalf of the Board of Directors, shall be made by notice in writing delivered or mailed by first class United States mail, postage prepaid, to the Secretary, and received not
less than 60 days nor more than 90 days prior to such meeting; provided, however, that if less than 70 days' notice or prior public disclosure of the date of the meeting is given to stockholders, such nomination shall have been mailed or delivered to the
Secretary not later than the close of business on the 10th day following the date on which the notice of the meeting was mailed or such public disclosure was made, whichever occurs first. Such notice shall set forth (a) as to each proposed nominee (i) the
name, age, business address and, if known, residence address of each such nominee, (ii) the principal occupation or employment of each such nominee, (iii) the number of shares of stock of the corporation which are beneficially owned by each such nominee,
and (iv) any other information concerning the nominee that must be disclosed as to nominees in proxy solicitations pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended (including such person's written consent to be named as a
nominee and to serve as a director if elected); and (b) as to the stockholder giving the notice (i) the name and address, as they appear on the corporation's books, of such stockholder and (ii) the class and number of shares of the corporation which are
beneficially owned by such stockholder. The corporation may require any proposed nominee to furnish such other information as may reasonably be required by the corporation to determine the eligibility of such proposed nominee to serve as a director of the
corporation.

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

     1.11     Notice of Business at Annual Meetings. At an annual meeting of the stockholders, only such business shall be conducted as shall have been properly brought before the meeting. To be
properly brought before an annual meeting, business must be (a) specified in the notice of meeting (or any supplement thereto) given by or at the direction of the Board of Directors, (b) otherwise properly brought before the meeting by or at the direction
of the Board of Directors, or (c) otherwise properly brought before an annual meeting by a stockholder. For business to be properly brought before an annual meeting by a stockholder, if such business relates to the election of directors of the
corporation, the procedures in Section 1.10 must be complied with. If such business relates to any other matter, the stockholder must have given timely notice thereof in writing to the Secretary. To be timely, a stockholder's notice must be delivered to
or mailed and received at the principal executive offices of the corporation not less than 60 days nor more than 90 days prior to the meeting; provided, however, that in the event that less than 70 days' notice or prior public disclosure of the date of
the meeting is given or made to stockholders, notice by the stockholder to be timely must be so received not later than the close of business on the 10th day following the date on which such notice of the date of the meeting was mailed or such public
disclosure was made, whichever occurs first. A stockholder's notice to the Secretary shall set forth as to each matter the stockholder proposes to bring before the annual meeting (a) a brief description of the business desired to be brought before the
annual meeting and the reasons for conducting such business at the annual meeting, (b) the name and address, as they appear on the corporation's books, of the stockholder proposing such business, (c) the class and number of shares of the corporation which
are beneficially owned by the stockholder, and (d) any material interest of the stockholder in such business. Notwithstanding anything in these By-Laws to the contrary, no business shall be conducted at any annual meeting except in accordance with the
procedures set forth in this Section 1.11 and except that any stockholder proposal which complies with Rule 14a-8 of the proxy rules (or any successor provision) promulgated under the Securities Exchange Act of 1934, as amended, and is to be included in
the corporation's proxy statement for an annual meeting of stockholders shall be deemed to comply with the requirements of this Section 1.11.

     The chairman of the meeting shall, if the facts warrant, determine and declare to the meeting that business was not properly brought before the meeting in accordance with the provisions of this Section 1.11, and if he or
she should so determine, the chairman shall so declare to the meeting that any such business not properly brought before the meeting shall not be transacted.

     1.12     Action without Meeting. Any action required or permitted to be taken at any meeting of shareholders may be taken without a meeting, if, prior to such action, a written consent or
consents thereto setting forth such action, is signed by the holders of record of all of the shares of the stock of the corporation issued and outstanding and entitled to vote.

     1.13     Organization. The Chairman of the Board, or in his or her absence the Vice Chairman of the Board designated by the Chairman of the Board, or the President, in the order named,
shall call meetings of the stockholders to order, and shall act as chairman of such meeting; provided, however, that the Board of Directors may appoint any stockholder to act as chairman of any meeting in the absence of the Chairman of the Board. The Secretary of the corporation shall act as secretary at all meetings of the stockholders;
but in the absence of the Secretary at any meeting of the stockholders, the presiding officer may appoint any person to act as secretary of the meeting.

ARTICLE 2 - Directors

     2.1     General Powers. The business and affairs of the corporation shall be managed by or under the direction of a Board of Directors, who may exercise all of the powers of the
corporation except as otherwise provided by law or the Certificate of Incorporation. In the event of a vacancy in the Board of Directors, the remaining directors, except as otherwise provided by law, may exercise the powers of the full Board until the
vacancy is filled.

     2.2     Number; Election and Qualification. The number of directors which shall constitute the whole Board of Directors shall be determined by resolution of the Board of Directors, but in
no event shall be less than one. The number of directors may be increased or decreased at any time and from time to time by a majority of the directors then in office, provided, however, that any such decrease shall only eliminate vacancies existing by
reason of the death, resignation, removal or expiration of the term of one or more directors. The directors shall be elected at the annual meeting of stockholders by such stockholders as have the right to vote on such election. Directors need not be
stockholders of the corporation. 

     2.3     Tenure. Each director shall hold office until the next annual meeting and until his or her successor is elected and qualified, or until his or her earlier death, resignation or
removal.

     2.4     Vacancies. Unless and until filled by the stockholders, any vacancy in the Board of Directors, however occurring, including a vacancy resulting from an enlargement of the Board, may
be filled by vote of a majority of the directors then in office, although less than a quorum, or by a sole remaining director. A director elected to fill a vacancy shall be elected for the unexpired term of his or her predecessor in office, and a director
chosen to fill a position resulting from an increase in the number of directors shall hold office until the next annual meeting of stockholders and until his or her successor is elected and qualified, or until the earlier death, resignation or removal of
such director.

     2.5     Resignation. Any director may resign by delivering a written resignation to the corporation at its principal office or to the President or Secretary. Such resignation shall be
effective upon receipt unless it is specified to be effective at some other time or upon the happening of some other event. 

     2.6     Regular Meetings. Regular meetings of the Board of Directors may be held without notice at such time and place, either within or without the State of Delaware, as shall be
determined from time to time by the Board of Directors; provided that any director who is absent when such a determination is made shall be given notice of the determination. A regular meeting of the Board of Directors may be held without notice
immediately after and at the same place as the annual meeting of stockholders. 

     2.7     Special Meetings. Special meetings of the Board of Directors may be held at any time and place, within or without the State of Delaware, designated in a call by the Chairman of the
Board, President, two or more directors, or by one director in the event that there is only a single director in office. 

     2.8     Notice of Special Meetings. Notice of any special meeting of directors shall be given to each director by the Secretary or by the officer or one of the directors calling the
meeting. Notice shall be duly given to each director (i) by giving notice to such director in person or by telephone at least 24 hours in advance of the meeting, (ii) by sending written notice via facsimile, or delivering written notice by hand
or by overnight courier, to his or her last known business or home address at least 24 hours in advance of the meeting, or (iii) by mailing written notice to his or her last known business or home address at least 72 hours in advance of the meeting.
A notice or waiver of notice of a meeting of the Board of Directors need not specify the purposes of the meeting.

     2.9     Meetings by Telephone Conference Calls. Directors or any members of any committee designated by the directors may participate in a meeting of the Board of Directors or such
committee by means of conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other, and participation by such means shall constitute presence in person at such meeting.

     2.10     Quorum. A majority of the total number of the whole Board of Directors shall constitute a quorum at all meetings of the Board of Directors. In the event one or more of the
directors shall be disqualified to vote at any meeting, then the required quorum shall be reduced by one for each such director so disqualified; provided, however, that in no case shall less than one-third (1/3) of the number so fixed constitute a quorum.
In the absence of a quorum at any such meeting, a majority of the directors present may adjourn the meeting from time to time without further notice other than announcement at the meeting, until a quorum shall be present.

     2.11     Action at Meeting. At any meeting of the Board of Directors at which a quorum is present, the vote of a majority of those present shall be sufficient to take any action, unless a
different vote is specified by law, the Certificate of Incorporation or these By-Laws.

     2.12     Action by Consent. Any action required or permitted to be taken at any meeting of the Board of Directors or of any committee of the Board of Directors may be taken without a
meeting, if all members of the Board or committee, as the case may be, consent to the action in writing, and the written consents are filed with the minutes of proceedings of the Board or committee.

     2.13     Removal. Except as otherwise provided by the General Corporation Law of Delaware, any one or more or all of the directors may be removed, with or without cause, by the holders of a
majority of the shares then entitled to vote at an election of directors, except that the directors elected by the holders of a particular class or series of stock may be removed without cause only by vote of the holders of a majority of the outstanding
shares of such class or series. 

     2.14     Committees. 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 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. In the absence or disqualification of a member of a committee, the member or members of the committee present at
any meeting and not disqualified from voting, whether or not he or she or they 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 provided in the resolution of the Board of Directors and subject to the provisions of the General Corporation Law of the State of Delaware, 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 which may require it. Each such committee shall keep minutes and make such reports as the Board of Directors may from time
to time request. Except as the Board of Directors may otherwise determine, any committee may make rules for the conduct of its business, but unless otherwise provided by the directors or in such rules, its business shall be conducted as nearly as possible
in the same manner as is provided in these By-laws for the Board of Directors.

     2.15     Compensation of Directors. Directors may be paid such compensation for their services and such reimbursement for expenses of attendance at meetings as the Board of Directors may
from time to time determine. No such payment shall preclude any director from serving the corporation or any of its parent or subsidiary corporations in any other capacity and receiving compensation for such service.

ARTICLE 3 - Officers

     3.1     Enumeration. The officers of the corporation shall consist of a President, a Secretary, a Treasurer and such other officers with such other titles as the Board of
Directors shall determine, including a Chairman of the Board, a Vice-Chairman of the Board, and one or more Vice Presidents, Assistant Treasurers, and Assistant Secretaries. The Board of Directors may appoint such other officers as it may deem appropriate.

     3.2     Election. The President, Treasurer and Secretary shall be elected annually by the Board of Directors at its first meeting following the annual meeting of stockholders. Other
officers may be appointed by the Board of Directors at such meeting or at any other meeting.

     3.3     Qualification. No officer need be a stockholder. Any two or more offices may be held by the same person.

     3.4     Tenure. Except as otherwise provided by law, by the Certificate of Incorporation or by these By-Laws, each officer shall hold office until his or her successor is elected and
qualified, unless a different term is specified in the vote choosing or appointing him, or until his or her earlier death, resignation or removal.

     3.5     Resignation and Removal. Any officer may resign by delivering his or her written resignation to the corporation at its principal office or to the President or Secretary. Such
resignation shall be effective upon receipt unless it is specified to be effective at some other time or upon the happening of some other event.

     Any officer may be removed at any time, with or without cause, by vote of a majority of the entire number of directors then in office.

     Except as the Board of Directors may otherwise determine, no officer who resigns or is removed shall have any right to any compensation as an officer for any period following his or her resignation or removal, or any
right to damages on account of such removal, whether his or her compensation be by the month or by the year or otherwise, unless such compensation is expressly provided in a duly authorized written agreement with the corporation.

     3.6     Vacancies. The Board of Directors may fill any vacancy occurring in any office for any reason and may, in its discretion, leave unfilled for such period as it may determine any
offices other than those of President, Treasurer and Secretary. Each such successor shall hold office for the unexpired term of his or her predecessor and until his or her successor is elected and qualified, or until his or her earlier death, resignation
or removal.

     3.7     Chairman of the Board and Vice Chairman of the Board. The Board of Directors may appoint a Chairman of the Board. If the Board of Directors appoints a Chairman of the Board, he or
she shall perform such duties and possess such powers as are assigned to him or her by the Board of Directors. Unless otherwise provided by the Board of Directors, he or she shall preside at all meetings of the stockholders and at all meetings of the
Board of Directors. If the Board of Directors appoints a Vice Chairman of the Board, he or she shall, in the absence or disability of the Chairman of the Board, perform the duties and exercise the powers of the Chairman of the Board and shall perform such
other duties and possess such other powers as may from time to time be vested in him or her by the Board of Directors. The Board of Directors may also appoint one or more Co-Chairmen, each of whom shall perform such duties and possess such powers as are assigned to him or her by the Board of Directors.

     3.8     President. The President shall, subject to the direction of the Board of Directors, have general charge and supervision of the business of the corporation.
Unless the Board of Directors has designated the Chairman of the Board or another officer as Chief Executive Officer, the President shall be the Chief Executive Officer of the corporation. The President shall perform such other duties and shall have such
other powers as the Board of Directors may from time to time prescribe.

     3.9     Vice Presidents. Any Vice President shall perform such duties and possess such powers as the Board of Directors or the President may from time to time prescribe. In the event of the
absence, inability or refusal to act of the President, the Vice President (or if there shall be more than one, the Vice Presidents in the order determined by the Board of Directors) shall perform the duties of the President and when so performing shall
have all the powers of and be subject to all the restrictions upon the President. The Board of Directors may assign to any Vice President the title of Executive Vice President, Senior Vice President or any other title selected by the Board of Directors.

     3.10     Secretary and Assistant Secretaries. The Secretary shall perform such duties and shall have such powers as the Board of Directors or the President may from time to time prescribe.
In addition, the Secretary shall perform such duties and have such powers as are incident to the office of the secretary, including without limitation the duty and power to give notices of all meetings of stockholders and special meetings of the Board of
Directors, to attend all meetings of stockholders and the Board of Directors and keep a record of the proceedings, to maintain a stock ledger and prepare lists of stockholders and their addresses as required, to be custodian of corporate records and the
corporate seal and to affix and attest to the same on documents.

     Any Assistant Secretary shall perform such duties and possess such powers as the Board of Directors, the President or the Secretary may from time to time prescribe. In the event of the absence, inability or refusal to act
of the Secretary, the Assistant Secretary (or if there shall be more than one, the Assistant Secretaries in the order determined by the Board of Directors) shall perform the duties and exercise the powers of the Secretary.

     In the absence of the Secretary or any Assistant Secretary at any meeting of stockholders or directors, the person presiding at the meeting shall designate a temporary secretary to keep a record of the meeting.

     3.11     Treasurer and Assistant Treasurers. The Treasurer shall perform such duties and shall have such powers as may from time to time be assigned to him or her by the Board of Directors
or the President. In addition, the Treasurer shall perform such duties and have such powers as are incident to the office of treasurer, including without limitation the duty and power to keep and be responsible for all funds and securities of the
corporation, to deposit funds of the corporation in properly selected depositories, to properly disburse such funds, to make proper accounts of such funds, and to render as required by the Board of Directors statements of all such transactions and of the
financial condition of the corporation.

     The Assistant Treasurers shall perform such duties and possess such powers as the Board of Directors, the President or the Treasurer may from time to time prescribe. In the event of the absence, inability or refusal to
act of the Treasurer, the Assistant Treasurer (or if there shall be more than one, the Assistant Treasurers in the order determined by the Board of Directors) shall perform the duties and exercise the powers of the Treasurer.

     3.12     Salaries. Officers of the corporation shall be entitled to such salaries, compensation or reimbursement as shall be fixed or allowed from time to time by the Board of Directors.

ARTICLE 4 - Capital Stock

     4.1     Issuance of Stock. Unless otherwise voted by the stockholders and subject to the provisions of the Certificate of Incorporation, the whole or any part of any unissued balance of
the authorized capital stock of the corporation or the whole or any part of any balance of the authorized capital stock of the corporation held in its treasury may be issued, sold, transferred or otherwise disposed of by vote of the Board of Directors in
such manner, for such consideration and on such terms as the Board of Directors may determine.

     4.2     Certificates of Stock. Every holder of stock of the corporation shall be entitled to have a certificate, in such form as may be prescribed by law and by the Board of Directors,
certifying the number and class of shares owned by him or her in the corporation. Each such certificate shall be signed by, or in the name of the corporation by, the Chairman or Vice Chairman, if any, of the Board of Directors, or the President or a Vice
President, and the Treasurer or an Assistant Treasurer, or the Secretary or an Assistant Secretary of the corporation. Any or all of the signatures on the certificate may be a facsimile.

     Each certificate for shares of stock which are subject to any restriction on transfer pursuant to the Certificate of Incorporation, the By-Laws, applicable securities laws or any agreement among any number of stockholders
or among such holders and the corporation shall have conspicuously noted on the face or back of the certificate either the full text of the restriction or a statement of the existence of such restriction.

     4.3     Transfers. Except as otherwise established by rules and regulations adopted by the Board of Directors, and subject to applicable law, shares of stock may be transferred on the books
of the corporation by the surrender to the corporation or its transfer agent of the certificate representing such shares properly endorsed or accompanied by a written assignment or power of attorney properly executed, and with such proof of authority or
the authenticity of signature as the corporation or its transfer agent may reasonably require. Except as may be otherwise required by law, by the Certificate of Incorporation or by these By-Laws, the corporation shall be entitled to treat the record
holder of stock as shown on its books as the owner of such stock for all purposes, including the payment of dividends and the right to vote with respect to such stock, regardless of any transfer, pledge or other disposition of such stock until the shares
have been transferred on the books of the corporation in accordance with the requirements of these By-Laws.

     4.4     Lost, Stolen or Destroyed Certificates. The corporation may issue a new certificate of stock in place of any previously issued certificate alleged to have been lost, stolen, or
destroyed, upon such terms and conditions as the Board of Directors may prescribe, including the presentation of reasonable evidence of such loss, theft or destruction and the giving of such indemnity as the Board of Directors may require for the
protection of the corporation or any transfer agent or registrar.

     4.5     Record Date. The Board of Directors may fix in advance a date as a record date for the determination of the stockholders entitled to notice of or to vote at any meeting of
stockholders, or entitled to receive payment of any dividend or other distribution or allotment of any rights in respect of any change, conversion or exchange of stock, or for the purpose of any other lawful action. Such record date shall not be more than
60 nor less than 10 days before the date of such meeting, nor more than 60 days prior to any other action to which such record date relates.

     If no record date is fixed, 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 before the day on which notice is given,
or, if notice is waived, at the close of business on the day before the day on which the meeting is held. The record date for determining stockholders for any other purpose shall be at the close of business on the day on which the Board of Directors
adopts the resolution relating to such purpose.

     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 adjourned meeting.

ARTICLE 5 - General Provisions

     5.1     Fiscal Year. Except as from time to time otherwise designated by the Board of Directors, the fiscal year of the corporation shall begin on the first day of October in each year
and end on the last day of September in each year.

     5.2     Corporate Seal. The corporate seal shall be in such form as shall be approved by the Board of Directors.

     5.3     Waiver of Notice. Whenever any notice whatsoever is required to be given by law, by the Certificate of Incorporation or by these By-Laws, a waiver of such notice either in writing
signed by the person entitled to such notice or such person's duly authorized attorney, or by telegraph, cable or any other available method, whether before, at or after the time stated in such waiver, or the appearance of such person or persons at such
meeting in person or by proxy, shall be deemed equivalent to such notice.

     5.4     Voting of Securities. Except as the directors may otherwise designate, the President or Treasurer may waive notice of, and act as, or appoint any person or persons to act as, proxy
or attorney-in-fact for this corporation (with or without power of substitution) at, any meeting of stockholders or shareholders of any other corporation or organization, the securities of which may be held by this corporation.

     5.5     Evidence of Authority. A certificate by the Secretary, or an Assistant Secretary, or a temporary Secretary, as to any action taken by the stockholders, directors, a committee or any
officer or representative of the corporation shall as to all persons who rely on the certificate in good faith be conclusive evidence of such action.

     5.6     Certificate of Incorporation. All references in these By-Laws to the Certificate of Incorporation shall be deemed to refer to the Certificate of Incorporation of the corporation, as
amended and in effect from time to time.

     5.7     Transactions with Interested Parties. No contract or transaction between the corporation and one or more of the directors or officers, or between the corporation and any other
corporation, partnership, association, or other organization in which one or more of the directors or officers are directors or officers, or have a financial interest, shall be void or voidable solely for this reason, or solely because the director or
officer is present at or participates in the meeting of the Board of Directors or a committee of the Board of Directors which authorizes the contract or transaction or solely because his or her or their votes are counted for such purpose, if:
        (1)     The material facts as to his or her relationship or interest and as to the contract or transaction are disclosed or are known to the Board of Directors or the committee,
and the Board or committee in good faith authorizes the contract or transaction by the affirmative votes of a majority of the disinterested directors, even though the disinterested directors be less than a quorum;

        (2)     The material facts as to his or her relationship or interest and as to the contract or transaction are disclosed or are known to the stockholders entitled to vote
thereon, and the contract or transaction is specifically approved in good faith by vote of the stockholders; or

        (3)     The contract or transaction is fair as to the corporation as of the time it is authorized, approved or ratified, by the Board of Directors, a committee of the Board of
Directors, or the stockholders.

     Common or interested directors may be counted in determining the presence of a quorum at a meeting of the Board of Directors or of a committee which authorizes the contract or transaction.

     5.8     Severability. Any determination that any provision of these By-Laws is for any reason inapplicable, illegal or ineffective shall not affect or invalidate any other provision of
these By-Laws.

     5.9     Pronouns. All pronouns used in these By-Laws shall be deemed to refer to the masculine, feminine or neuter, singular or plural, as the identity of the person or persons may require.

ARTICLE 6 - Amendments

     6.1     By the Board of Directors. These By-Laws may be altered, amended or repealed or new by-laws may be adopted by the affirmative vote of a majority of the directors present at any
regular or special meeting of the Board of Directors at which a quorum is present.

     6.2     By the Stockholders. These By-Laws may be altered, amended or repealed or new by-laws may be adopted by the affirmative vote of the holders of a majority of the shares of the
capital stock of the corporation issued and outstanding and entitled to vote at any regular or special meeting of stockholders, provided notice of such alteration, amendment, repeal or adoption of new by-laws shall have been stated in the notice of such
regular or special meeting.

 

By-laws Adopted by Sole Incorporator July 2, 1997

Section 1.8 amended 12/16/99 to permit electronic voting

Section 3.7 amended 11/1/00 to permit the Board to appoint one or more Co-Chairmen

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