Document:

AMENDED & RESTATED BYLAWS

 Exhibit 4.2 
  

AMENDED AND RESTATED 
  
 BYLAWS 
  
 OF 
  
 LIFELINE SYSTEMS, INC. 

 BYLAWS 
  
 Table of Contents 
  

					
	 	 	 	  	Page

	 ARTICLE I
	 	SHAREHOLDERS	  	1
	 1.1.
	 	 Annual Meeting
	  	1
	 1.2.
	 	 Special Meetings
	  	1
	 1.3.
	 	 Place of Meetings
	  	1
	 1.4.
	 	 Requirement of Notice
	  	1
	 1.5.
	 	 Waiver of Notice
	  	1
	 1.6.
	 	 Quorum.
	  	2
	 1.7.
	 	 Voting and Proxies.
	  	2
	 1.8.
	 	 Action at Meeting
	  	3
	 1.9.
	 	 Conduct of Meetings
	  	3
	 1.10.
	 	 Action Without Meeting by Written Consent.
	  	3
	 1.11.
	 	 Record Date
	  	4
	 1.12.
	 	 Meetings by Remote Communication
	  	4
	 1.13.
	 	 Form of Shareholder Action.
	  	5
	 1.14.
	 	 Shareholder List for Meeting.
	  	5
			
	 ARTICLE II
	 	DIRECTORS	  	6
	 2.1.
	 	 Powers
	  	6
	 2.2.
	 	 Number and Election
	  	6
	 2.3.
	 	 Vacancies
	  	6
	 2.4.
	 	 Change in Size of the Board of Directors
	  	6
	 2.5.
	 	 Tenure
	  	6
	 2.6.
	 	 Resignation
	  	7
	 2.7.
	 	 Removal
	  	7
	 2.8.
	 	 Regular Meetings
	  	7
	 2.9.
	 	 Special Meetings
	  	7
	 2.10.
	 	 Notice
	  	7
	 2.11.
	 	 Waiver of Notice
	  	7
	 2.12.
	 	 Quorum
	  	7
	 2.13.
	 	 Action at Meeting
	  	7
	 2.14.
	 	 Action Without Meeting
	  	8
	 2.15.
	 	 Telephone Conference Meetings
	  	8
	 2.16.
	 	 Committees
	  	8
	 2.17.
	 	 Compensation
	  	8
	 2.18.
	 	 Standard of Conduct for Directors.
	  	8
	 2.19.
	 	 Conflict of Interest.
	  	9
			
	 ARTICLE III
	 	MANNER OF NOTICE	  	10
			
	 ARTICLE IV
	 	OFFICERS	  	11
	 4.1.
	 	 Enumeration
	  	11
	 4.2.
	 	 Appointment
	  	11

  

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	 4.3.
	 	 Qualification
	  	11
	 4.4.
	 	 Tenure
	  	11
	 4.5.
	 	 Resignation
	  	11
	 4.6.
	 	 Removal
	  	12
	 4.7.
	 	 Vacancies
	  	12
	 4.8.
	 	 Chairman of the Board and Vice Chairman of the Board
	  	12
	 4.9.
	 	 President; Chief Executive Officer
	  	12
	 4.10.
	 	 Vice Presidents
	  	12
	 4.11.
	 	 Treasurer and Assistant Treasurers
	  	12
	 4.12.
	 	 Secretary and Assistant Secretaries
	  	13
	 4.13.
	 	 Salaries
	  	13
	 4.14.
	 	 Standard of Conduct for Officers
	  	13
			
	 ARTICLE V
	 	PROVISIONS RELATING TO SHARES	  	14
	 5.1.
	 	 Issuance and Consideration
	  	14
	 5.2.
	 	 Share Certificates
	  	14
	 5.3.
	 	 Uncertificated Shares
	  	14
	 5.4.
	 	 Transfers; Record and Beneficial Owners
	  	15
	 5.5.
	 	 Replacement of Certificates
	  	15
			
	 ARTICLE VI
	 	CORPORATE RECORDS	  	15
	 6.1.
	 	 Records to be Kept.
	  	15
	 6.2.
	 	 Inspection of Records by Shareholders.
	  	16
	 6.3.
	 	 Scope of Inspection Right.
	  	17
	 6.4.
	 	 Inspection of Records by Directors
	  	17
			
	 ARTICLE VII
	 	INDEMNIFICATION	  	18
	 7.1.
	 	 Definitions
	  	18
	 7.2.
	 	 Indemnification of Directors and Officers.
	  	18
	 7.3.
	 	 Advance for Expenses
	  	19
	 7.4.
	 	 Determination of Indemnification.
	  	20
	 7.5.
	 	 Notification and Defense of Claim; Settlements.
	  	20
	 7.6.
	 	 Partial Indemnification
	  	21
	 7.7.
	 	 Insurance
	  	21
	 7.8.
	 	 Merger or Consolidation
	  	21
	 7.9.
	 	 Application of this Article.
	  	22
			
	 ARTICLE VIII
	 	MISCELLANEOUS	  	22
	 8.1.
	 	 Fiscal Year
	  	22
	 8.2.
	 	 Seal
	  	22
	 8.3.
	 	 Voting of Securities
	  	22
	 8.4.
	 	 Evidence of Authority
	  	23
	 8.5.
	 	 Articles of Organization
	  	23
	 8.6.
	 	 Severability
	  	23
	 8.7.
	 	 Pronouns
	  	23
			
	 ARTICLE IX
	 	AMENDMENTS	  	23

  

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 ARTICLE I 
  

SHAREHOLDERS 
  
 1.1. Annual Meeting. The Corporation shall hold an annual meeting of shareholders at a time to be fixed by the Board of Directors, the Chief
Executive Officer or the President and stated in the notice of the meeting. The purposes for which the annual meeting is to be held, in addition to those prescribed by the Articles of Organization, shall be for electing Directors and for such other
purposes as shall be specified in the notice for the meeting, and only business within such purposes may be conducted at the meeting. In the event an annual meeting is not held at the time fixed in accordance with these Bylaws or the time for an
annual meeting is not fixed in accordance with these Bylaws to be held within 13 months after the last annual meeting, the Corporation may designate a special meeting as a special meeting in lieu of the annual meeting, and such meeting shall have
all of the effect of an annual meeting. 
  
 1.2. Special
Meetings. Special meetings of the shareholders may be called by the Board of Directors, the Chief Executive Officer or the President, and shall be called by the Secretary, or in case of the death, absence, incapacity or refusal of the Secretary,
by another officer, if the holders of at least 60 percent, or such lesser percentage as shall constitute the maximum percentage permitted by law for this purpose at any time at which the Corporation shall have a class of voting stock registered
under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), of all the votes entitled to be cast on any issue to be considered at the proposed special meeting sign, date and deliver to the Secretary one or more written
demands for the meeting describing the purpose for which it is to be held. Only business within the purpose or purposes described in the meeting notice may be conducted at a special shareholders’ meeting. 
  
 1.3. Place of Meetings. All meetings of shareholders shall be held at
the principal office of the Corporation unless a different place is fixed by the Board of Directors, the Chief Executive Officer or the President and specified in the notice of the meeting. 
  
 1.4. Requirement of Notice. A written notice of the date, time and
place of each annual and special shareholders’ meeting describing the purposes of the meeting shall be given to shareholders entitled to vote at the meeting (and, to the extent required by law or the Articles of Organization, to shareholders
not entitled to vote at the meeting) no fewer than seven nor more than 60 days before the meeting date. If an annual or special meeting of shareholders is adjourned to a different date, time or place, notice need not be given of the new date, time
or place if the new date, time or place is announced at the meeting before adjournment. If a new record date for the adjourned meeting is fixed, however, notice of the adjourned meeting shall be given under this Section 1.4 to persons who are
shareholders as of the new record date. All notices to shareholders shall conform to the requirements of Article III of these Bylaws. 
  
 1.5. Waiver of Notice. A shareholder may waive any notice required by law, the Articles of Organization or these Bylaws before or after the date
and time stated in the notice. The waiver shall be in writing, be signed by the shareholder entitled to the notice, and be delivered to the Corporation for inclusion with the records of the meeting. A shareholder’s attendance at a meeting (a)
waives objection to lack of notice or defective notice of the meeting, 
  

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 unless the shareholder at the beginning of the meeting objects to holding the meeting or transacting business at the
meeting, and (b) waives objection to consideration of a particular matter at the meeting that is not within the purpose or purposes described in the meeting notice, unless the shareholder objects to considering the matter when it is presented.

  
 1.6. Quorum. 
  
 (a) Unless otherwise provided by law, or in the Articles of Organization,
these Bylaws or, to the extent authorized by law, a resolution of the Board of Directors requiring satisfaction of a greater quorum requirement for any voting group, a majority of the votes entitled to be cast on the matter by a voting group
constitutes a quorum of that voting group for action on that matter. As used in these Bylaws, a voting group includes all shares of one or more classes or series that, under the Articles of Organization or the Massachusetts Business Corporation Act,
as in effect from time to time (the “MBCA”), are entitled to vote and to be counted together collectively on a matter at a meeting of shareholders. 
  
 (b) A share once represented for any purpose at a meeting is deemed present for quorum purposes for the remainder of the
meeting and for any adjournment of that meeting unless (1) the shareholder attends solely to object to lack of notice, defective notice or the conduct of the meeting on other grounds and does not vote the shares or otherwise consent that they are to
be deemed present, or (2) in the case of an adjournment, a new record date is or shall be set for that adjourned meeting. 
  
 1.7. Voting and Proxies. 
  
 (a) Except as provided in this Section 1.7(a) or unless the Articles of Organization provide otherwise, each outstanding share, regardless of class, is
entitled to one vote on each matter voted on at a shareholders’ meeting. Only shares are entitled to vote, and each fractional share, if any, is entitled to a proportional vote. Absent special circumstances, the shares of the Corporation are
not entitled to vote if they are owned, directly or indirectly, by another entity of which the Corporation owns, directly or indirectly, a majority of the voting interests; provided, however, that nothing in these Bylaws shall limit the power of the
Corporation to vote any shares held by it, directly or indirectly, in a fiduciary capacity. Unless the Articles of Organization provide otherwise, redeemable shares are not entitled to vote after notice of redemption is given to the holders and a
sum sufficient to redeem the shares has been deposited with a bank, trust company or other financial institution under an irrevocable obligation to pay the holders the redemption price upon surrender of the shares. 
  
 (b) A shareholder may vote his or her shares in person or may appoint a proxy
to vote or otherwise act for him or her by signing an appointment form, either personally or by his or her attorney-in-fact. An appointment of a proxy is effective when received by the Secretary or other officer or agent authorized to tabulate
votes. Unless otherwise provided in the appointment form, an appointment is valid for a period of 11 months from the date the shareholder signed the form or, if it is undated, from the date of its receipt by the officer or agent. An appointment of a
proxy is revocable by the shareholder unless the appointment form conspicuously states that it is irrevocable and the appointment is coupled with an interest, as defined in the MBCA. An appointment made irrevocable is revoked when the interest with

  

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 which it is coupled is extinguished. The death or incapacity of the shareholder appointing a proxy shall not affect the
right of the Corporation to accept the proxy’s authority unless notice of the death or incapacity is received by the Secretary or other officer or agent authorized to tabulate votes before the proxy exercises his or her authority under the
appointment. A transferee for value of shares subject to an irrevocable appointment may revoke the appointment if he or she did not know of its existence when he or she acquired the shares and the existence of the irrevocable appointment was not
noted conspicuously on the certificate representing the shares or on the information statement for shares without certificates. Subject to the provisions of Section 7.24 of the MBCA, or any successor Section thereto, and to any express limitation on
the proxy’s authority appearing on the face of the appointment form, the Corporation is entitled to accept the proxy’s vote or other action as that of the shareholder making the appointment. 
  
 1.8. Action at Meeting. If a quorum of a voting group exists,
favorable action on a matter, other than the election of Directors, is taken by a voting group if the votes cast within the group favoring the action exceed the votes cast opposing the action, unless a greater number of affirmative votes is required
by law, the Articles of Organization, these Bylaws or, to the extent authorized by law, a resolution of the Board of Directors requiring receipt of a greater affirmative vote of the shareholders, including more separate voting groups. Directors are
elected by a plurality of the votes cast by the shares entitled to vote in the election at a meeting at which a quorum is present. No ballot shall be required for such election unless requested by a shareholder present or represented at the meeting
and entitled to vote in the election. 
  
 1.9. Conduct of
Meetings. The Board of Directors may adopt by resolution such rules, regulations and procedures for the conduct of any meeting of shareholders as it shall deem appropriate, including without limitation such guidelines and procedures as it may
deem appropriate regarding the participation by means of remote communication of shareholders and proxyholders not physically present at a meeting. Except to the extent inconsistent with such rules, regulations and procedures as adopted by the Board
of Directors, the chairman of any meeting of shareholders 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) rules and procedures for maintaining order at the meeting and the safety of those present; (c) limitations on attendance at or participation in the meeting to shareholders, their duly authorized and constituted proxies or attorneys
or such other persons as shall be determined; (d) restrictions on entry to the meeting after the time fixed for the commencement thereof; and (e) limitations on the time allotted to questions or comments by participants. Unless and to the extent
determined by the Board of Directors or the chairman of the meeting, meetings of shareholders shall not be required to be held in accordance with the rules of parliamentary procedure. 
  
 1.10. Action Without Meeting by Written Consent. 
  
 (a) Action taken at a shareholders’ meeting may be taken without a meeting if the action is taken by all shareholders
entitled to vote on the action. The action shall be evidenced by one or more written consents that describe the action taken, are signed by shareholders having the requisite votes, bear the date of the signatures of such shareholders, and

  

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 are delivered to the Corporation for inclusion with the records of meetings within 60 days of the earliest dated consent
delivered to the Corporation as required by this Section 1.10. A consent signed under this Section 1.10 has the effect of a vote at a meeting. 
  
 (b) If action is to be taken pursuant to the consent of voting shareholders without a meeting, the Corporation, at least seven days before the action
pursuant to the consent is taken, shall give notice, which complies in form with the requirements of Article III of these Bylaws, of the action to nonvoting shareholders in any case where such notice would be required by law if the action were to be
taken pursuant to a vote by voting shareholders at a meeting. The notice shall contain, or be accompanied by, the same material that would have been required by law to be sent to shareholders in or with the notice of a meeting at which the action
would have been submitted to the shareholders for approval. 
  
 1.11. Record Date. The Board of Directors may fix the record date in order to determine the shareholders entitled to notice of a shareholders’ meeting, to demand a special meeting, to vote or to take any other action. If a
record date for a specific action is not fixed by the Board of Directors, and is not supplied by law, the record date shall be (a) the close of business either on the day before the first notice is sent to shareholders, or, if no notice is sent, on
the day before the meeting, or (b) in the case of action without a meeting by written consent, the date the first shareholder signs the consent, or (c) for purposes of determining shareholders entitled to demand a special meeting of shareholders,
the date the first shareholder signs the demand, or (d) for purposes of determining shareholders entitled to a distribution, other than one involving a purchase, redemption or other acquisition of the Corporation’s shares, the date the Board of
Directors authorizes the distribution. A record date fixed under this Section 1.11 may not be more than 70 days before the meeting or action requiring a determination of shareholders. A determination of shareholders entitled to notice of or to vote
at a shareholders’ meeting is effective for any adjournment of the meeting unless the Board of Directors fixes a new record date, which it shall do if the meeting is adjourned to a date more than 120 days after the date fixed for the original
meeting. 
  
 1.12. Meetings by Remote Communication. Unless
otherwise provided in the Articles of Organization, if authorized by the Board of Directors, subject to such guidelines and procedures as the Board of Directors may adopt, shareholders and proxyholders not physically present at a meeting of
shareholders may, by means of remote communication, (a) participate in a meeting of shareholders and (b) be deemed present in person and vote at a meeting of shareholders, provided that (1) the Corporation shall implement reasonable measures to
verify that each person deemed present and permitted to vote at the meeting by means of remote communication is a shareholder or proxyholder, (2) the Corporation shall implement reasonable measures to provide such shareholders and proxyholders a
reasonable opportunity to participate in the meeting and to vote on matters submitted to the shareholders, including an opportunity to read or hear the proceedings of the meeting substantially concurrently with such proceedings, and (3) if any
shareholder or proxyholder votes or takes other action at the meeting by means of remote communication, a record of such vote or other action shall be maintained by the Corporation. 
  

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 1.13. Form of Shareholder Action. 
  
 (a) Any vote, consent, waiver, proxy appointment or other action by a shareholder or by the proxy or other agent of any
shareholder shall be considered given in writing, dated and signed, if, in lieu of any other means permitted by law, it consists of an electronic transmission that sets forth or is delivered with information from which the Corporation can determine
(1) that the electronic transmission was transmitted by the shareholder, proxy or agent or by a person authorized to act for the shareholder, proxy or agent and (2) the date on which such shareholder, proxy, agent or authorized person transmitted
the electronic transmission. The date on which the electronic transmission is transmitted shall be considered to be the date on which it was signed. The electronic transmission shall be considered received by the Corporation if it has been sent to
any address specified by the Corporation for the purpose or, if no address has been specified, to the principal office of the Corporation, addressed to the Secretary or other officer or agent having custody of the records of proceedings of
shareholders. 
  
 (b) Any copy, facsimile or other reliable
reproduction of a vote, consent, waiver, proxy appointment or other action by a shareholder or by the proxy or other agent of any shareholder may be substituted or used in lieu of the original writing for any purpose for which the original writing
could be used, but the copy, facsimile or other reproduction shall be a complete reproduction of the entire original writing. 
  
 1.14. Shareholder List for Meeting. 
  
 (a) After fixing a record date for a shareholders’ meeting, the Corporation shall prepare an alphabetical list of the names of all its shareholders
who are entitled to notice of the meeting. The list shall be arranged by voting group, and within each voting group by class or series of shares, and show the address of and number of shares held by each shareholder, but need not include an
electronic mail address or other electronic contact information for any shareholder. 
  
 (b) The list of shareholders shall be available for inspection by any shareholder, beginning two business days after notice is given of the meeting for which the list was prepared and continuing through the meeting,
(1) at the Corporation’s principal office or at a place identified in the meeting notice in the city where the meeting will be held or (2) on a reasonably accessible electronic network, provided that the information required to gain access to
such list is provided with the notice of the meeting. 
  
 (c) A
shareholder or his or her agent or attorney is entitled on written demand to inspect and, subject to the requirements of Section 6.2(c) of these Bylaws, to copy the list, during regular business hours and at his or her expense, during the period it
is available for inspection. 
  
 (d) The Corporation shall make
the list of shareholders available at the meeting, and any shareholder or his or her agent or attorney is entitled to inspect the list at any time during the meeting or any adjournment. 
  

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 ARTICLE II 
  
 DIRECTORS 
  
 2.1. Powers. All corporate power shall be exercised by or under the authority of, and the business and affairs of the Corporation shall be managed
under the direction of, its Board of Directors. 
  
 2.2. Number
and Election. The Board of Directors shall consist of not less than the minimum number of individuals permitted by law and, subject to the rights of holders of any class or series of Preferred Stock to elect Directors, shall be divided into
three classes, such classes to be as nearly equal in number as possible. Subject to the rights of holders of any class or series of Preferred Stock to elect Directors, at each annual meeting of shareholders, the successors to the class of Directors
whose term expires at that meeting shall be elected. Subject to the foregoing requirements and applicable law, the Board of Directors may, from time to time, fix the number of Directors and their respective classifications, provided that any such
action does not operate to remove a Director elected by the shareholders or the Directors other than in the manner specified in the Articles of Organization or these Bylaws. 
  
 2.3. Vacancies. Subject to the rights of holders of any class or series of Preferred Stock, vacancies and newly
created directorships, whether resulting from an increase in the size of the Board of Directors, from the death, resignation, disqualification or removal of a Director or otherwise, shall be filled solely by the affirmative vote of a majority of the
remaining Directors then in office, even though less than a quorum of the Board of Directors. A vacancy that will occur at a specific later date may be filled before the vacancy occurs, but the new Director may not take office until the vacancy
occurs. 
  
 2.4. Change in Size of the Board of Directors.
Subject to the rights of holders of any class or series of Preferred Stock, the number of Directors may be fixed or changed from time to time by the Board of Directors. 
  
 2.5. Tenure. Subject to the rights of holders of any class or series of Preferred Stock to elect Directors, each
Director shall serve for a term ending on the date of the third annual meeting at which such Director was elected; provided, however, that each Director initially designated as a Class I Director shall serve for a term expiring at the
Corporation’s annual meeting of shareholders held in 2005; each Director initially designated as a Class II Director shall serve for a term expiring at the Corporation’s annual meeting of shareholders held in 2006; and each Director
initially designated as a Class III Director shall serve for a term expiring at the Corporation’s annual meeting of shareholders held in 2007; and provided further, however, that the term of each Director shall continue until the election and
qualification of a successor and be subject to such Director’s earlier death, resignation or removal. No decrease in the number of Directors constituting the Board of Directors shall shorten the term of any incumbent Director. Any Director
elected to fill a vacancy shall hold office for the remainder of the full term of the class of Directors in which the vacancy occurred or the new directorship was created and until such Director’s successor shall have been elected and
qualified. 
  

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 2.6. Resignation. A Director may resign at any time by delivering written notice of resignation to
the Board of Directors, the Chairman of the Board or the Corporation. A resignation is effective when the notice is delivered unless the notice specifies a later effective date. 
  
 2.7. Removal. Subject to the rights of holders of any class or series of Preferred Stock, the removal of any Director
or Directors or the entire Board of Directors may be effected only for cause by the affirmative vote of a majority of (a) the Directors then in office or (b) the shares outstanding and entitled to vote in the election of the Directors.
“Cause” for purposes of this Section 2.7 shall mean only (1) conviction of a felony, (2) declaration of unsound mind by order of court, (3) gross dereliction of duty, (4) commission of an action involving moral turpitude or (5) commission
of an action which constitutes intentional misconduct or a knowing violation of law if such action in either event results both in an improper substantial personal benefit and a material injury to the Corporation. A Director may be removed by the
shareholders or the Directors only at a meeting called for the purpose of removing him or her, and the meeting notice must state that the purpose, or one of the purposes, of the meeting is removal of the Director. 
  
 2.8. Regular Meetings. Regular meetings of the Board of Directors may
be held at such times and places as shall from time to time be fixed by the Board of Directors without notice of the date, time, place or purpose of the meeting. 
  
 2.9. Special Meetings. Special meetings of the Board of Directors may be called by the Chairman of the Board, the
Chief Executive Officer, the President, the Secretary, any two Directors or one Director in the event that there is only one Director. 
  
 2.10. Notice. Special meetings of the Board of Directors must be preceded by at least two days’ notice of the date, time and place of the
meeting. The notice need not describe the purpose of the special meeting. All notices to Directors shall conform to the requirements of Article III of these Bylaws. 
  
 2.11. Waiver of Notice. A Director may waive any notice before or after the date and time of the meeting. The waiver
shall be in writing, signed by the Director entitled to the notice, or in the form of an electronic transmission by the Director to the Corporation, and filed with the minutes or corporate records. A Director’s attendance at or participation in
a meeting waives any required notice to him or her of the meeting unless the Director at the beginning of the meeting, or promptly upon his or her arrival, objects to holding the meeting or transacting business at the meeting and does not thereafter
vote for or assent to action taken at the meeting. 
  
 2.12.
Quorum. Unless otherwise provided by law, the Articles of Organization or these Bylaws, a quorum of the Board of Directors consists of a majority of the Directors then in office, provided always that any number of Directors (whether one or
more and whether or not constituting a quorum) constituting a majority of Directors present at any meeting or at any adjourned meeting may make an adjournment thereof. 
  
 2.13. Action at Meeting. If a quorum is present when a vote is taken, the affirmative vote of a majority of Directors
present is the act of the Board of Directors unless the Articles of 
  

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 Organization or these Bylaws require the vote of a greater number of Directors. A Director who is present at a meeting of
the Board of Directors or a committee of the Board of Directors when corporate action is taken is considered to have assented to the action taken unless (a) he or she objects at the beginning of the meeting, or promptly upon his or her arrival, to
holding it or transacting business at the meeting, (b) his or her dissent or abstention from the action taken is entered in the minutes of the meeting or (c) he or she delivers written notice of his or her dissent or abstention to the presiding
officer of the meeting before its adjournment or to the Corporation immediately after adjournment of the meeting. The right of dissent or abstention is not available to a Director who votes in favor of the action taken. 
  
 2.14. Action Without Meeting. Any action required or permitted to be
taken by the Directors may be taken without a meeting if the action is taken by the unanimous consent of the members of the Board of Directors. The action must be evidenced by one or more consents describing the action taken, in writing, signed by
each Director, or delivered to the Corporation by electronic transmission, to the address specified by the Corporation for the purpose or, if no address has been specified, to the principal office of the Corporation, addressed to the Secretary or
other officer or agent having custody of the records of proceedings of Directors, and included in the minutes or filed with the corporate records reflecting the action taken. Action taken under this Section 2.14 is effective when the last Director
signs or delivers the consent, unless the consent specifies a different effective date. A consent signed or delivered under this Section 2.14 has the effect of a meeting vote and may be described as such in any document. 
  
 2.15. Telephone Conference Meetings. The Board of Directors may permit
any or all Directors to participate in a regular or special meeting by, or conduct the meeting through the use of, any means of communication by which all Directors participating may simultaneously hear each other during the meeting. A Director
participating in a meeting by this means is considered to be present in person at the meeting. 
  
 2.16. Committees. The Board of Directors may create one or more committees and appoint members of the Board of Directors to serve on them. Each committee may have one or more members, who serve at the
pleasure of the Board of Directors. The creation of a committee and appointment of members to it must be approved by a majority of all the Directors in office when the action is taken. Article III and Sections 2.10 through 2.15 of these Bylaws shall
apply to committees and their members. To the extent specified by the Board of Directors, each committee may exercise the authority of the Board of Directors to the extent permitted by law. The creation of, delegation of authority to, or action by a
committee does not alone constitute compliance by a Director with the standards of conduct described in Section 2.18 of these Bylaws. 
  
 2.17. Compensation. The Board of Directors may fix the compensation of Directors. 
  
 2.18. Standard of Conduct for Directors. 
  
 (a) A Director shall discharge his or her duties as a Director, including his or her duties as a member of a committee, (1)
in good faith, (2) with the care that a person in a like position would reasonably believe appropriate under similar circumstances and (3) in a manner the Director reasonably believes to be in the best interests of the Corporation. In determining

  

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 what the Director reasonably believes to be in the best interests of the Corporation, a Director may consider the
interests of the Corporation’s employees, suppliers, creditors and customers, the economy of the state, the region and the nation, community and societal considerations, and the long-term and short-term interests of the Corporation and its
shareholders, including the possibility that these interests may be best served by the continued independence of the Corporation. 
  
 (b) In discharging his or her duties, a Director who does not have knowledge that makes reliance unwarranted is entitled to rely on information, opinions,
reports or statements, including financial statements and other financial data, if prepared or presented by (1) one or more officers or employees of the Corporation whom the Director reasonably believes to be reliable and competent with respect to
the information, opinions, reports or statements presented, (2) legal counsel, public accountants or other persons retained by the Corporation, as to matters involving skills or expertise the Director reasonably believes are matters (i) within the
particular person’s professional or expert competence or (ii) as to which the particular person merits confidence, or (3) a committee of the Board of Directors of which the Director is not a member if the Director reasonably believes the
committee merits confidence. 
  
 (c) A Director is not liable for
any action taken as a Director, or any failure to take any action, if he or she performed the duties of his or her office in compliance with this Section 2.18. 
  

2.19. Conflict of Interest. 
  
 (a) A conflict of interest transaction is a transaction with the Corporation in which a Director of the Corporation has a material direct or indirect
interest. A conflict of interest transaction is not voidable by the Corporation solely because of the Director’s interest in the transaction if any one of the following is true: 
  
 (1) the material facts of the transaction and the Director’s interest were disclosed or known to the Board of
Directors or a committee of the Board of Directors and the Board of Directors or committee authorized, approved or ratified the transaction; 
  
 (2) the material facts of the transaction and the Director’s interest were disclosed or known to the shareholders entitled to vote and they
authorized, approved or ratified the transaction; or 
  
 (3) the
transaction was fair to the Corporation. 
  
 (b) For purposes of
this Section 2.19, and without limiting the interests that may create conflict of interest transactions, a Director of the Corporation has an indirect interest in a transaction if (1) another entity in which he or she has a material financial
interest or in which he or she is a general partner is a party to the transaction or (2) another entity of which he or she is a director, officer or trustee or in which he or she holds another position is a party to the transaction and the
transaction is or should be considered by the Board of Directors. 
  
 (c) For purposes of clause (1) of subsection (a) of this Section 2.19, a conflict of interest transaction is authorized, approved or ratified if it receives the affirmative vote of a 
  

 9 

 majority of the Directors on the Board of Directors (or on the committee) who have no direct or indirect interest in the
transaction, but a transaction may not be authorized, approved or ratified under this Section 2.19 by a single Director. If a majority of the Directors who have no direct or indirect interest in the transaction vote to authorize, approve or ratify
the transaction, a quorum is present for the purpose of taking action under this Section 2.19. The presence of, or a vote cast by, a Director with a direct or indirect interest in the transaction does not affect the validity of any action taken
under clause (1) of subsection (a) of this Section 2.19 if the transaction is otherwise authorized, approved or ratified as provided in that subsection. 
  
 (d) For purposes of clause (2) of subsection (a) of this Section 2.19, a conflict of interest transaction is authorized, approved or ratified if it
receives the vote of a majority of the shares entitled to be counted under this subsection (d). Shares owned by or voted under the control of a Director who has a direct or indirect interest in the transaction, and shares owned by or voted under the
control of an entity described in clause (1) of subsection (b) of this Section 2.19, may not be counted in a vote of shareholders to determine whether to authorize, approve or ratify a conflict of interest transaction under clause (2) of subsection
(a) of this Section 2.19. The vote of those shares, however, is counted in determining whether the transaction is approved under other provisions of these Bylaws. A majority of the shares, whether or not present, that are entitled to be counted in a
vote on the transaction under this subsection constitutes a quorum for the purpose of taking action under this Section 2.19. 
  
 ARTICLE III 
  
 MANNER OF NOTICE 
  
 All notices provided for under these Bylaws shall conform to the following requirements: 
  
 (a) Notice shall be in writing unless oral notice is reasonable under the circumstances. Notice by electronic transmission is written notice. 

 
 (b) Notice may be communicated in person or by telephone, voice mail,
telegraph, teletype, mail, messenger, delivery service or any electronic means. If these forms of personal notice are impracticable, notice may be communicated by a newspaper of general circulation in the area where published or by radio, television
or other form of public broadcast communication. 
  
 (c) Written
notice, other than notice by electronic transmission, if in a comprehensible form, is effective upon deposit in the United States mail, if mailed postpaid and correctly addressed to the addressee’s address shown in the Corporation’s
current records. 
  
 (d) Written notice by electronic
transmission, if in comprehensible form, is effective (1) if by facsimile telecommunication, when directed to a number furnished by the addressee for the purpose, (2) if by electronic mail, when directed to an electronic mail address furnished by
the addressee for the purpose, (3) if by a posting on an electronic network together with separate notice to the addressee of such specific posting, directed to an electronic mail address furnished by the addressee for the purpose, upon the later of
(i) such posting and (ii) the giving of such separate notice, and (4) if by any other form of electronic transmission, when directed to the 
  

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 addressee in such manner as the addressee shall have specified to the Corporation. An affidavit of the Secretary or an
Assistant Secretary of the Corporation, the transfer agent or other agent of the Corporation that the notice has been given by a form of electronic transmission shall, in the absence of fraud, be prima facie evidence of the facts stated therein.

  
 (e) Except as provided in subsection (c) of this Article III,
written notice, other than notice by electronic transmission, if in a comprehensible form, is effective at the earliest of the following: (1) when received; (2) five days after its deposit in the United States mail, if mailed postpaid and correctly
addressed; (3) on the date shown on the return receipt, if sent by registered or certified mail, return receipt requested; or if sent by messenger or delivery service, on the date shown on the return receipt signed by or on behalf of the addressee;
or (4) on the date of publication if notice by publication is permitted. 
  
 (f) Oral notice is effective when communicated if communicated in a comprehensible manner. 
  
 ARTICLE IV 
  
 OFFICERS 
  
 4.1. Enumeration. The Corporation shall have a President, a Treasurer, a Secretary and such other officers as may be appointed by the Board of Directors from time to time in accordance with these Bylaws, including, but not limited
to, a Chairman of the Board, a Vice Chairman of the Board, a Chief Executive Officer and one or more Vice Presidents, Assistant Treasurers and Assistant Secretaries. 
  
 4.2. Appointment. The officers shall be appointed by the Board of Directors. A duly appointed officer may appoint one
or more officers or assistant officers if authorized by the Board of Directors. Each officer has the authority and shall perform the duties set forth in these Bylaws or, to the extent consistent with these Bylaws, the duties prescribed by the Board
of Directors or by direction of an officer authorized by the Board of Directors to prescribe the duties of other officers. The appointment of an officer shall not itself create contract rights. 
  
 4.3. Qualification. The same individual may simultaneously hold more
than one office in the Corporation. No officer need be a shareholder. 
  
 4.4. Tenure. Except as otherwise provided by law, the Articles of Organization or these Bylaws, each officer shall hold office until his or her successor is duly appointed, unless a different term is specified in the vote appointing
him or her, or until his or her earlier death, resignation or removal. 
  
 4.5. Resignation. An officer may resign at any time by delivering notice of the resignation to the Corporation. A resignation is effective when the notice is delivered unless the notice specifies a later effective date. If a
resignation is made effective at a later date and the Corporation accepts the future effective date, the Board of Directors may fill the pending vacancy before the effective date if the Board of Directors provides that the successor shall not take
office until the effective date. An officer’s resignation shall not affect the Corporation’s contract rights, if any, with the officer. 
  

 11 

 4.6. Removal. The Board of Directors may remove any officer at any time with or without cause. An
officer’s removal shall not affect the officer’s contract rights, if any, with the Corporation. 
  
 4.7. 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 duly appointed, or until he
or she sooner dies, resigns or is removed. 
  
 4.8. Chairman of
the Board and Vice Chairman of the Board. The Board of Directors may appoint from its members a Chairman of the Board, who need not be an employee or officer of the Corporation. 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 and, if the Chairman of the Board is also designated as the Corporation’s Chief Executive Officer, shall have the powers and duties of
the Chief Executive Officer prescribed in Section 4.9 of these Bylaws. Unless otherwise provided by the Board of Directors, the Chairman of the Board shall preside at all meetings of the Board of Directors and shareholders. 
  
 If the Board of Directors appoints a Vice Chairman of the Board, he or she
shall, in the event of the absence, inability or refusal to act 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. 
  
 4.9. President; Chief Executive Officer. Unless the Board of Directors has designated the Chairman of the Board or another person as Chief Executive Officer, the President shall be the Chief Executive Officer. The Chief Executive
Officer shall have general charge and supervision of the business of the Corporation, subject to the direction of the Board of Directors. The President shall perform such other duties and shall have such other powers as the Board of Directors or the
Chief Executive Officer (if the President is not the Chief Executive Officer) may from time to time prescribe. In the event of the absence, inability or refusal to act of the Chief Executive Officer or the President (if the President is not the
Chief Executive Officer), 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 Chief Executive Officer and, when so performing such duties,
shall have all the powers of and be subject to all the restrictions upon, the Chief Executive Officer. 
  
 4.10. Vice Presidents. Any Vice President shall perform such duties and shall possess such powers as the Board of Directors, the Chief Executive
Officer or the President may from time to time prescribe. The Board of Directors may assign to any Vice President the title Executive Vice President, Senior Vice President or any other title selected by the Board of Directors. 
  
 4.11. 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, the Chief Executive Officer or the President. In addition, the Treasurer shall perform 
  

 12 

 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 depositories, to disburse such funds as ordered by the Board of Directors, the Chief Executive Officer or the President, to make
proper accounts of such funds, and to render as required by the Board of Directors, the Chief Executive Officer or the President statements of all such transactions and of the financial condition of the Corporation. 
  
 Any Assistant Treasurer shall perform such duties and possess such powers as
the Board of Directors, the Chief Executive Officer, 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. 
  
 4.12. Secretary and Assistant Secretaries. The Secretary shall perform such duties and shall possess such powers as the Board of Directors, the
Chief Executive Officer or the President may from time to time prescribe. In addition, the Secretary shall perform such duties and shall 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 shareholders and Directors, to attend all meetings of shareholders and Directors, to prepare minutes of the meetings of shareholders and Directors, to authenticate the records of the Corporation, to maintain a
stock ledger and prepare lists of shareholders 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 Chief Executive Officer, 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 shareholders or Directors, the person presiding at the meeting shall
designate a temporary secretary to prepare the minutes of the meeting. 
  
 4.13. 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. 
  
 4.14. Standard of Conduct for Officers. An officer shall discharge his
or her duties (a) in good faith, (b) with the care that a person in a like position would reasonably exercise under similar circumstances and (c) in a manner the officer reasonably believes to be in the best interests of the Corporation. In
discharging his or her duties, an officer who does not have knowledge that makes reliance unwarranted is entitled to rely on information, opinions, reports or statements, including financial statements and other financial data, if prepared or
presented by (1) one or more officers or employees of the Corporation whom the officer reasonably believes to be reliable and competent with respect to the information, opinions, reports or statements presented or (2) legal counsel, public
accountants or other persons retained by the Corporation as 
  

 13 

 to matters involving skills or expertise the officer reasonably believes are matters (i) within the particular
person’s professional or expert competence or (ii) as to which the particular person merits confidence. An officer shall not be liable to the Corporation or its shareholders for any decision to take or not to take any action taken, or any
failure to take any action, as an officer, if the duties of the officer are performed in compliance with this Section 4.14. 
  
 ARTICLE V 
  
 PROVISIONS RELATING TO SHARES 
  
 5.1. Issuance and Consideration. The Board of Directors may issue the number of shares of each class or series authorized by the Articles of Organization. The Board of Directors may authorize shares to be
issued for consideration consisting of any tangible or intangible property or benefit to the Corporation, including cash, promissory notes, services performed, contracts for services to be performed, or other securities of the Corporation. Before
the Corporation issues shares, the Board of Directors shall determine that the consideration received or to be received for shares to be issued is adequate. The Board of Directors shall determine the terms upon which the rights, options or warrants
for the purchase of shares or other securities of the Corporation are issued and the terms, including the consideration, for which the shares or other securities are to be issued. 
  
 5.2. Share Certificates. If shares are represented by certificates, at a minimum each share certificate shall state
on its face (a) the name of the Corporation and that it is organized under the laws of The Commonwealth of Massachusetts, (b) the name of the person to whom issued and (c) the number and class of shares and the designation of the series, if any, the
certificate represents. Every certificate for shares of stock that are subject to any restriction on the transfer or registration of transfer of such shares pursuant to the Articles of Organization, these Bylaws, an agreement among shareholders or
an agreement among shareholders and the Corporation, shall have conspicuously noted on the front or back of such certificate the existence of such restrictions. If different classes of shares or different series within a class are authorized, then
the variations in rights, preferences and limitations applicable to each class and series, and the authority of the Board of Directors to determine variations for any future class or series, must be summarized on the front or back of each
certificate. Alternatively, each certificate may state conspicuously on its front or back that the Corporation will furnish the shareholder this information on request in writing and without charge. Each share certificate shall be signed, either
manually or in facsimile, by the Chief Executive Officer, the President or a Vice President and by the Treasurer or an Assistant Treasurer or the Secretary or an Assistant Secretary, or any two officers designated by the Board of Directors, and, to
the extent required by law, shall bear the corporate seal or its facsimile. If the person who signed, either manually or in facsimile, a share certificate no longer holds office when the certificate is issued, the certificate shall be nevertheless
valid. 
  
 5.3. Uncertificated Shares. The Board of
Directors may authorize the issuance of some or all of the shares of any or all of the Corporation’s classes or series without certificates. The authorization shall not affect shares already represented by certificates until they are
surrendered to the Corporation. Within a reasonable time after the issuance or transfer of shares without certificates, the Corporation shall send the shareholder a written statement of the information required by the MBCA to be on certificates.

  

 14 

 5.4. Transfers; Record and Beneficial Owners. Subject to the restrictions, if any, stated or noted
on the stock certificates, 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. The Corporation shall be entitled to treat the record holder of
shares as shown on its books as the owner of such shares for all purposes, including the payment of dividends and other distributions and the right to vote with respect thereto, regardless of any transfer, pledge or other disposition of such shares
until the shares have been transferred on the books of the Corporation in accordance with the requirements of these Bylaws. Notwithstanding anything to the contrary herein, to the extent the Board of Directors has established a procedure by which
the beneficial owner of shares that are registered in the name of a nominee will be recognized by the Corporation as a shareholder, the Corporation shall be entitled to treat the beneficial owner of shares as the shareholder to the extent of the
rights granted by a nominee certificate on file with the Corporation. 
  
 5.5. Replacement of Certificates. The Board of Directors may, subject to applicable law, determine the conditions upon which a new share certificate may be issued in place of any certificate alleged to have been lost, destroyed or
wrongfully taken. The Board of Directors may, in its discretion, require the owner of such share certificate, or his or her legal representative, to give a bond, sufficient in its opinion, with or without surety, to indemnify the Corporation against
any loss or claim which may arise by reason of the issue of the new certificate. 
  
 ARTICLE VI 
  
 CORPORATE
RECORDS 
  
 6.1. Records to be Kept. 
  
 (a) The Corporation shall keep as permanent records minutes of all meetings
of its shareholders and Board of Directors, a record of all actions taken by the shareholders or Board of Directors without a meeting, and a record of all actions taken by a committee of the Board of Directors in place of the Board of Directors on
behalf of the Corporation. The Corporation shall maintain appropriate accounting records. The Corporation or its agent shall maintain a record of its shareholders, in a form that permits preparation of a list of the names and addresses of all
shareholders, in alphabetical order by class of shares showing the number and class of shares held by each. The Corporation shall maintain its records in written form or in another form capable of conversion into written form within a reasonable
time. 
  
 (b) The Corporation shall keep within The Commonwealth
of Massachusetts a copy of the following records at its principal office or an office of its transfer agent or of its Secretary or Assistant Secretary or of its registered agent: 
  
 (1) its Articles or Restated Articles of Organization and all amendments to them currently in effect; 
  

 15 

 (2) its Bylaws or Restated Bylaws and all amendments to them currently in effect; 
  
 (3) resolutions adopted by its Board of Directors creating one or more
classes or series of shares, and fixing their relative rights, preferences and limitations, if shares issued pursuant to those resolutions are outstanding; 
  
 (4) the minutes of all shareholders’ meetings, and records of all action taken by shareholders without a meeting, for the past three years;

  
 (5) all written communications to shareholders generally
within the past three years, including the financial statements furnished under Section 16.20 of the MBCA, or any successor Section thereto, for the past three years; 
  
 (6) a list of the names and business addresses of its current Directors and officers; and 
  
 (7) its most recent annual report delivered to the Secretary of the
Commonwealth of the Commonwealth of Massachusetts. 
  
 6.2.
Inspection of Records by Shareholders. 
  
 (a) A
shareholder is entitled to inspect and copy, during regular business hours at the office where they are maintained pursuant to Section 6.1(b) of these Bylaws, copies of any of the records of the Corporation described in said Section 6.1(b) if he or
she gives the Corporation written notice of his or her demand at least five business days before the date on which he or she wishes to inspect and copy. 
  
 (b) A shareholder is entitled to inspect and copy, during regular business hours at a reasonable location specified by the Corporation, any of the
following records of the Corporation if the shareholder meets the requirements of subsection (c) of this Section 6.2 and gives the Corporation written notice of his or her demand at least five business days before the date on which he or she wishes
to inspect and copy: 
  
 (1) excerpts from minutes reflecting
action taken at any meeting of the Board of Directors, records of any action of a committee of the Board of Directors while acting in place of the Board of Directors on behalf of the Corporation, minutes of any meeting of the shareholders, and
records of action taken by the shareholders or Board of Directors without a meeting, to the extent not subject to inspection under subsection (a) of this Section 6.2; 
  
 (2) accounting records of the Corporation, but if the financial statements of the Corporation are audited by a certified
public accountant, inspection shall be limited to the financial statements and the supporting schedules reasonably necessary to verify any line item on those statements; and 
  

 16 

 (3) the record of shareholders described in Section 6.1(a) of these Bylaws. 
  
 (c) A shareholder may inspect and copy the records described in subsection
(b) of this Section 6.2 only if: 
  
 (1) his or her demand is
made in good faith and for a proper purpose; 
  
 (2) he or she
describes with reasonable particularity his or her purpose and the records he or she desires to inspect; 
  
 (3) the records are directly connected with his or her purpose; and 
  
 (4) the Corporation shall not have determined in good faith that disclosure of the records sought would adversely affect
the Corporation in the conduct of its business or, in the case of a public corporation, constitutes material non-public information at the time when the shareholder’s notice of demand to inspect and copy is received by the Corporation.

  
 (d) For purposes of this Section 6.2, “shareholder”
includes a beneficial owner whose shares are held in a voting trust or by a nominee on his or her behalf. 
  
 6.3. Scope of Inspection Right. 
  
 (a) A shareholder’s agent or attorney has the same inspection and copying rights as the shareholder represented. 
  
 (b) The Corporation may, if reasonable, satisfy the right of a shareholder to
copy records under Section 6.2 of these Bylaws by furnishing to the shareholder copies by photocopy or other means chosen by the Corporation, including copies furnished through an electronic transmission. 
  
 (c) The Corporation may impose a reasonable charge, covering the costs of
labor, material, transmission and delivery, for copies of any documents provided to the shareholder. The charge may not exceed the estimated cost of production, reproduction, transmission or delivery of the records. 
  
 (d) The Corporation may comply at its expense with a shareholder’s
demand to inspect the record of shareholders under clause (3) of subsection (b) of Section 6.2 of these Bylaws by providing the shareholder with a list of shareholders that was compiled no earlier than the date of the shareholder’s demand.

  
 (e) The Corporation may impose reasonable restrictions on the
use or distribution of records by the demanding shareholder. 
  
 6.4. Inspection of Records by Directors. A Director is entitled to inspect and copy the books, records and documents of the Corporation at any reasonable time to the extent reasonably related to the performance of the Director’s
duties as a Director, including duties as a member of a committee, but not for any other purpose or in any manner that would violate any duty to the Corporation. 
  

 17 

 ARTICLE VII 
  
 INDEMNIFICATION 
  
 7.1. Definitions. In this Article VII the following words shall have the following meanings unless the context requires otherwise:

  
 “Corporation” includes any domestic or foreign
predecessor entity of the Corporation in a merger. 
  
 “Director” or “officer” is an individual who is or was a Director or officer, respectively, of the Corporation or who, while a Director or officer of the Corporation, is or was serving at the Corporation’s request
as a director, officer, partner, trustee, employee or agent of another domestic or foreign corporation, partnership, joint venture, trust, employee benefit plan or other entity. A Director or officer is considered to be serving an employee benefit
plan at the Corporation’s request if his or her duties to the Corporation also impose duties on, or otherwise involve services by, him or her to the plan or to participants in or beneficiaries of the plan. “Director” or
“officer” includes, unless the context requires otherwise, the estate or personal representative of a Director or officer. 
  
 “Disinterested Director” is a Director who, at the time of a vote or selection referred to in Section 7.4 of these Bylaws, is not (a) a party to
the proceeding, or (b) an individual having a familial, financial, professional or employment relationship with the Director whose standard of conduct is the subject of the decision being made, which relationship would, in the circumstances,
reasonably be expected to exert an influence on the Director’s judgment when voting on the decision being made. 
  
 “Expenses” includes counsel fees. 
  
 “Liability” is the obligation to pay a judgment, settlement, penalty, fine (including an excise tax assessed with respect to an employee benefit
plan) or reasonable expenses incurred with respect to a proceeding. 
  
 “Party” is an individual who was, is or is threatened to be made, a defendant or respondent in a proceeding. 
  
 “Proceeding” is any threatened, pending or completed action, suit or proceeding, whether civil, criminal, administrative, arbitrative or
investigative and whether formal or informal. 
  
 7.2.
Indemnification of Directors and Officers. 
  
 (a) Except
as otherwise provided in this Section 7.2, the Corporation shall indemnify to the fullest extent permitted by law an individual who is a party to a proceeding because he or she is a Director or officer against liability incurred in the proceeding
if: (1) (i) he or she conducted himself or herself in good faith; and (ii) he or she reasonably believed that his 
  

 18 

 or her conduct was in the best interests of the Corporation or that his or her conduct was at least not opposed to the
best interests of the Corporation; and (iii) in the case of any criminal proceeding, he or she had no reasonable cause to believe his or her conduct was unlawful; or (2) he or she engaged in conduct for which he or she shall not be liable under a
provision of the Articles of Organization authorized by Section 2.02(b)(4) of the MBCA or any successor provision to such Section. 
  
 (b) A Director’s or officer’s conduct with respect to an employee benefit plan for a purpose he or she reasonably believed to be in the
interests of the participants in, and the beneficiaries of, the plan is conduct that satisfies the requirement that his or her conduct was at least not opposed to the best interests of the Corporation. 
  
 (c) The termination of a proceeding by judgment, order, settlement or
conviction, or upon a plea of nolo contendere or its equivalent, is not, of itself, determinative that the Director or officer did not meet the relevant standard of conduct described in this Section 7.2. 
  
 (d) Unless ordered by a court, the Corporation may not indemnify a Director
or officer under this Section 7.2 if his or her conduct did not satisfy the relevant standards set forth in subsection (a) or subsection (b) of this Section 7.2. 
  
 (e) Notwithstanding anything to the contrary in this Article VII, except as required by law, the Corporation shall not
indemnify a Director of officer to the extent such Director or officer is reimbursed from the proceeds of insurance, and in the event the Corporation makes any indemnification payments to such Director or officer and such Director or officer is
subsequently reimbursed from the proceeds of insurance, such Director or officer shall promptly refund such indemnification payments to the Corporation to the extent of such insurance reimbursement. 
  
 7.3. Advance for Expenses. The Corporation shall, before final
disposition of a proceeding, advance funds to pay for or reimburse the reasonable expenses incurred by a Director or officer who is a party to a proceeding because he or she is a Director or officer if he or she delivers to the Corporation:

  
 (a) a written affirmation of his or her good faith belief
that he or she has met the relevant standard of conduct described in Section 7.2 of these Bylaws or, if he or she is a Director and is a party to a proceeding because he or she is a Director, that the proceeding involves conduct for which liability
has been eliminated under a provision of the Articles of Organization as authorized by Section 2.02(b)(4) of the MBCA or any successor provision to such Section; and 
  
 (b) his or her written undertaking to repay any funds advanced if he or she is not wholly successful, on the merits or
otherwise, in the defense of such proceeding and it is ultimately determined pursuant to Section 7.4 of these Bylaws or by a court of competent jurisdiction that he or she has not met the relevant standard of conduct described in Section 7.2 of
these Bylaws. 
  

 19 

 Such undertaking must be an unlimited general obligation of the Director or officer but need not be secured and shall be
accepted without reference to the financial ability of the Director or officer to make repayment. 
  
 7.4. Determination of Indemnification. 
  
 (a) Except as set forth in subsection (b) of this Section 7.4, the determination of whether a Director has met the relevant standard of conduct set forth
in Section 7.2 of these Bylaws shall be made: 
  
 (1) if there
are two or more disinterested Directors, by the Board of Directors by a majority vote of all the disinterested Directors, a majority of whom shall for such purpose constitute a quorum, or by a majority of the members of a committee of two or more
disinterested Directors appointed by vote; 
  
 (2) by special
legal counsel (i) selected in the manner prescribed in clause (1) of this subsection (a); or (ii) if there are fewer than two disinterested Directors, selected by the Board of Directors, in which selection Directors who do not qualify as
disinterested Directors may participate; or 
  
 (3) by the
shareholders, but shares owned by or voted under the control of a Director who at the time does not qualify as a disinterested Director may not be voted on the determination. 
  
 (b) The determination of whether an officer has met the relevant standard of conduct set forth in Section 7.2 of these
Bylaws shall be made by the Board of Directors. Notwithstanding the provisions of subsection (a) of this Section 7.4, the determination of whether a Director who is also an officer has met the relevant standard of conduct set forth in Section 7.2 of
these Bylaws, shall be made in accordance with the provisions of this subsection (b) to the extent the basis on which he or she is made a party to a proceeding is an act or omission solely as an officer. 
  
 7.5. Notification and Defense of Claim; Settlements.

  
 (a) In addition to and without limiting the foregoing
provisions of this Article VII and except to the extent otherwise required by law, it shall be a condition of the Corporation’s obligation to indemnify under Section 7.2 of these Bylaws (in addition to any other condition provided in the
Articles of Organization, these Bylaws or by law) that the person asserting, or proposing to assert, the right to be indemnified (the “Indemnitee”), must notify the Corporation in writing as soon as practicable of any proceeding involving
the Indemnitee for which indemnity will or could be sought, but the failure to so notify shall not affect the Corporation’s objection to indemnify except to the extent the Corporation is adversely affected thereby. With respect to any
proceeding of which the Corporation is so notified, the Corporation will be entitled to participate therein at its own expense and/or to assume the defense thereof at its own expense, with legal counsel reasonably acceptable to the Indemnitee. After
notice from the Corporation to the Indemnitee of its election so to assume such defense, the Corporation shall not be liable to the Indemnitee for any legal or other expenses subsequently incurred by the 
  

 20 

 Indemnitee in connection with such proceeding, other than as provided below in this subsection (a). The Indemnitee shall
have the right to employ his or her own counsel in connection with such proceeding, but the fees and expenses of such counsel incurred after notice from the Corporation of its assumption of the defense thereof shall be at the expense of the
Indemnitee unless (1) the employment of counsel by the Indemnitee has been authorized by the Corporation, (2) counsel to the Indemnitee shall have reasonably concluded that there may be a conflict of interest or position on any significant issue
between the Corporation and the Indemnitee in the conduct of the defense of such proceeding or (3) the Corporation shall not in fact have employed counsel to assume the defense of such proceeding, in each of which cases the reasonable fees and
expenses of counsel for the Indemnitee shall be at the expense of the Corporation, except as otherwise expressly provided by this Article VII. The Corporation shall not be entitled, without the consent of the Indemnitee, to assume the defense of any
claim brought by or in the right of the Corporation or as to which counsel for the Indemnitee shall have reasonably made the conclusion provided for in clause (2) above. 
  
 (b) The Corporation shall not be required to indemnify the Indemnitee under this Article VII for any amounts paid in
settlement of any proceeding unless authorized in the same manner as the determination that indemnification is permissible under Section 7.4 of these Bylaws; provided that, with respect to the authorization of indemnification for a Director for acts
or omissions as a Director, if there are fewer than two disinterested Directors, authorization of indemnification shall be made by the Board of Directors, in which authorization Directors who do not qualify as disinterested Directors may
participate; and provided further that special counsel shall have no authority to authorize payments. The Corporation shall not settle any proceeding in any manner that would impose any penalty or limitation on the Indemnitee without the
Indemnitee’s written consent. Neither the Corporation nor the Indemnitee will unreasonably withhold his, her or its consent to any proposed settlement. 
  
 7.6. Partial Indemnification. If a Director or officer is entitled under any provision of this Article VII to indemnification by the Corporation
for a portion of the liabilities incurred by him or her or on his or her behalf in connection with any proceeding, but not for the total amount thereof, the Corporation shall nevertheless indemnify such Director or officer for the portion of such
liabilities to which such Director or officer is entitled. 
  
 7.7. Insurance. The Corporation may purchase and maintain insurance on behalf of an individual who is a Director or officer of the Corporation, or who, while a Director or officer of the Corporation, serves at the Corporation’s
request as a director, officer, partner, trustee, employee or agent of another domestic or foreign corporation, partnership, joint venture, trust, employee benefit plan or other entity, against liability asserted against or incurred by him or her in
that capacity or arising from his or her status as a Director or officer, whether or not the Corporation would have power to indemnify or advance expenses to him or her against the same liability under this Article. 
  
 7.8. Merger or Consolidation. If the Corporation is merged into or
consolidated with another corporation and the Corporation is not the surviving corporation, the surviving corporation shall assume the obligations of the Corporation under this Article VII with respect to any proceeding arising out of or relating to
any actions, transactions or facts occurring prior to the date of such merger or consolidation. 
  

 21 

 7.9. Application of this Article. 
  
 (a) The Corporation shall not be obligated to indemnify or advance expenses
to a Director or officer of a predecessor of the Corporation, pertaining to conduct with respect to the predecessor, unless otherwise specifically provided. 
  
 (b) This Article VII shall not limit the Corporation’s power to (1) pay or reimburse expenses incurred by a Director or officer in connection with
his or her appearance as a witness in a proceeding at a time when he or she is not a party or (2) indemnify, advance expenses to or provide or maintain insurance on behalf of an employee or agent. 
  
 (c) The indemnification and advancement of expenses provided by, or granted
pursuant to, this Article VII shall not be considered exclusive of any other rights to which those seeking indemnification or advancement of expenses may be entitled. 
  
 (d) Each person who is or becomes a Director or officer shall be deemed to have served or to have continued to serve in such
capacity in reliance upon the indemnity provided for in this Article VII. All rights to indemnification under this Article VII shall be deemed to be provided by a contract between the Corporation and the person who serves as a Director or officer of
the Corporation at any time while these Bylaws and the relevant provisions of the MBCA are in effect. Any repeal or modification thereof shall not affect any rights or obligations then existing. 
  
 (e) If this Article VII or any portion thereof shall be invalidated on any
ground by any court of competent jurisdiction, then the Corporation shall nevertheless indemnify each Director or officer as to any liabilities in connection with a proceeding to the fullest extent permitted by any applicable portion of this Article
VII that shall not have been invalidated and to the fullest extent permitted by applicable law. 
  
 (f) If the laws of the Commonwealth of Massachusetts are hereafter amended from time to time to increase the scope of permitted indemnification,
indemnification hereunder shall be provided to the fullest extent permitted or required by any such amendment. 
  
 ARTICLE VIII 
  
 MISCELLANEOUS 
  
 8.1.
Fiscal Year. Except as otherwise determined from time to time by the Board of Directors, the fiscal year of the Corporation shall in each year end on December 31. 
  
 8.2. Seal. The seal of the Corporation shall, subject to alteration by the Board of Directors, bear the
Corporation’s name, the word “Massachusetts” and the year of its incorporation. 
  
 8.3. Voting of Securities. Except as the Board of Directors may otherwise designate, the Chief Executive Officer, 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 the Corporation (with or without power of substitution) at, any meeting of shareholders of any other corporation or organization, the securities of which may be held by the Corporation. 
  

 22 

 8.4. Evidence of Authority. A certificate by the Secretary, an Assistant Secretary or a temporary
Secretary as to any action taken by the shareholders, Directors, any 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. 

 
 8.5. Articles of Organization. All references in these Bylaws to
the Articles of Organization shall be deemed to refer to the Articles of Organization of the Corporation, as amended and in effect from time to time. 
  
 8.6. Severability. Any determination that any provision of these Bylaws is for any reason inapplicable, illegal or ineffective shall not affect or
invalidate any other provision of these Bylaws. 
  
 8.7.
Pronouns. All pronouns used in these Bylaws 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 IX 
  
 AMENDMENTS 
  
 (a) Except with respect to a Bylaw adopted by the Board of Directors, these Bylaws may at any time be amended by the affirmative vote of the holders of
(i) two-thirds of the shares of each voting group outstanding and entitled to vote on the matter, or (ii) in the case of any such amendment that has been approved by vote of the Board of Directors taken at a meeting held prior to the meeting of
shareholders at which such amendment is to be voted upon, such number of shares as exceeds the number of shares for which votes are cast opposing the matter. If authorized by the Articles of Organization, the Board of Directors may also make, amend
or repeal these Bylaws in whole or in part, except with respect to any provision thereof which by virtue of an express provision in the MBCA, the Articles of Organization or these Bylaws, requires action by the shareholders. 
  
 (b) Not later than the time of giving notice of the meeting of shareholders
next following the making, amending or repealing by the Board of Directors of any Bylaw, notice stating the substance of the action taken by the Board of Directors shall be given to all shareholders entitled to vote on amending these Bylaws. Any
action taken by the Board of Directors with respect to these Bylaws may be amended or repealed by the affirmative vote of the holders of two-thirds of the shares of each voting group entitled to vote on the matter. 
  
 (c) If authorized by the Articles of Organization, a Bylaw amendment adopted
by shareholders may provide for a greater or lesser quorum requirement for action by any voting group of shareholders, or for a greater affirmative voting requirement, including additional separate voting groups, than is provided for in the MBCA.

  

 23 

 (d) Approval of an amendment to these Bylaws that changes or deletes a quorum or voting requirement for
action by shareholders must satisfy both the applicable quorum and voting requirements for action by shareholders with respect to amendment of these Bylaws and also the particular quorum and voting requirements sought to be changed or deleted.

  
 (e) A Bylaw dealing with quorum or voting requirements for
shareholders, including additional voting groups, may not be adopted, amended or repealed by the Board of Directors. 
  
 (f) A Bylaw that fixes a greater or lesser quorum requirement for action by the Board of Directors, or a greater voting requirement, than provided for by
the MBCA may be amended or repealed by the shareholders, or by the Board of Directors if the Board of Directors is authorized to amend these Bylaws. 
  
 (g) If the Board of Directors is authorized to amend these Bylaws, approval by the Board of Directors of an amendment to these Bylaws that changes or
deletes a quorum or voting requirement for action by the Board of Directors must satisfy both the applicable quorum and voting requirements for action by the Board of Directors with respect to amendment of these Bylaws, and also the particular
quorum and voting requirements sought to be changed or deleted. 
  

 24 

 FIRST AMENDMENT 
 TO 
 AMENDED AND RESTATED BYLAWS 
 OF 
 LIFELINE SYSTEMS, INC. 
  
 The Amended and Restated Bylaws of Lifeline Systems, Inc., a Massachusetts corporation (the “Corporation”), are
hereby amended as follows: 
  
 1) Article I, Section 1.2 of the
Corporation’s Amended and Restated Bylaws is hereby deleted in its entirety and replaced with the following: 
  
 “1.2 Special Meetings. Special meetings of the shareholders may be called by the Board of Directors, the Chief Executive Officer or the
President, and shall be called by the Secretary, or in case of the death, absence, incapacity or refusal of the Secretary, by another officer, if the holders of at least 40 percent, or such lesser percentage as shall constitute the maximum
percentage permitted by law for this purpose at any time at which the Corporation shall have a class of voting stock registered under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), of all the votes entitled to be
cast on any issue to be considered at the proposed special meeting sign, date and deliver to the Secretary one or more written demands for the meeting describing the purpose for which it is to be held. Only business within the purpose or purposes
described in the meeting notice may be conducted at a special shareholders’ meeting.” 
  
 2) Article IX, Sections (a) and (b) of the Corporation’s Amended and Restated Bylaws are hereby deleted in their entirety and replaced with the
following: 
  
 “(a) These Bylaws may at any time be amended
by the affirmative vote of the holders of a majority of the shares of each voting group outstanding and entitled to vote on the matter. If authorized by the Articles of Organization, the Board of Directors may also make, amend or repeal these Bylaws
in whole or in part, except with respect to (i) the provisions of these Bylaws governing the removal of Directors, the indemnification of Directors and the amendment of these Bylaws and (ii) any provision of these Bylaws which by virtue of an
express provision in the MBCA, the Articles of Organization or these Bylaws, requires action by the shareholders. 
  
 (b) Not later than the time of giving notice of the meeting of shareholders next following the making, amending or repealing by the Board of Directors of
any Bylaw, notice stating the substance of the action taken by the Board of Directors shall be given to all shareholders entitled to vote on amending these Bylaws. Any action taken by the Board of Directors with respect to these Bylaws may be
amended or repealed by the affirmative vote of the holders of a majority of the shares of each voting group outstanding and entitled to vote on the matter.”Service Agreement of P.L. Larmon

 Exhibit 4.3 
  

EMPLOYMENT AGREEMENT 
 FOR PATRICK L. LARMON 
  
 This Employment
Agreement (“Agreement”) is made by and between Bunzl USA, Inc. (“Company”) and Patrick L. Larmon (“Employee”). For and in consideration of the mutual promises and agreements set forth below, the parties agree as
follows: 
  
 1. Term. The term of this Agreement shall
begin effective January 1, 2005 and shall continue indefinitely unless and until terminated in accordance with paragraph 8 below. The provisions of paragraphs 9, 10, and 12 of this Agreement and to Schedule B of this Agreement shall survive and
remain in effect after the termination of the term of this Agreement. The Company’s obligations to Employee upon termination (for any reason) are set forth in paragraph 8. 
  
 2. Offer and Acceptance. The Company hereby offers to employ Employee during the term of this Agreement on the terms
and conditions set forth in this Agreement, and Employee hereby accepts that offer. The parties mutually agree that this Agreement shall supersede any other employment agreement, written or oral. The parties agree the consideration for this
Agreement includes the Company’s agreement to continue to employ the Employee and the benefits resulting therefrom, Employee’s promotion and the raise as reflected on Schedule A over Employee’s prior compensation. 
  
 3. Position. Employee’s initial responsibility will be President
and Chief Executive Officer for Bunzl Distribution North America. The Company may change Employee’s responsibilities and duties, and may assign him to work for various supervisors, or to work for different corporate affiliates, subsidiaries, or
parents of the Company (hereinafter “Affiliated Parties”), during the term of this Agreement, or any extension. 
  
 4. Faithful Performance. During the term of this Agreement, Employee shall faithfully perform his assigned duties to the best of his ability, and
he shall devote his full working time, attention and energies to the performance of these duties. The Company is not obligated to provide Employee with any specific amount of work during the term of this Agreement. Without the Company’s prior
written consent, Employee will not accept any outside employment or endeavor, appointment, duties or responsibilities which would prevent him from devoting his full working time, attention and energies to the services required by the Company.

  
 5. Compensation. 
  
 a. Base Salary. During the term of this Agreement,
Employee shall be paid the base salary set out in Schedule A attached hereto, as same may be modified in writing from time to time by the substitution of a new Schedule A. 
  
 b. Bonus Eligibility. If, but only if, Employee is employed by the Company until December 31 of any
applicable year, Employee shall be eligible for a bonus calculated in 

  

 
accordance with the incentive bonus program of the Company applicable for individuals in positions comparable to Employee, as in effect from time to time.
Employee is not entitled to receive any minimum bonus, and his eligibility for such bonus shall be completely controlled by the terms of any applicable bonus program. The Company is not required to maintain a bonus program. 
  
 c Fringe Benefits. During the term of this Agreement,
Employee shall receive the same standard fringe benefits as the Company in its sole discretion provides from time to time to all other members of its salaried work force. For purposes of this Agreement, the term “fringe benefits” includes
being reimbursed for all reasonable out-of-pocket expenses which Employee has properly incurred performing Employee’s duties and obligations under this Agreement. Reimbursement shall be made to Employee in a timely fashion after receipt by the
Company of satisfactory, itemized accounts and receipts of all such expenditures, which will not be in excess of any limitation established for such expenditures by Company from time to time. 
  
 d. Holidays and Vacation. During the term of this
Agreement, Employee shall be entitled to take paid holidays and paid vacation in accordance with the Company’s usual and general policies and practices, as the same may be in effect from time to time. Scheduling of vacation time must be
approved by the Company, and such approval shall not be unreasonably withheld. 
  
 e. Company Car. During the term of this Agreement the Company will also provide Employee with a company car in accordance with the
Company’s usual and general policies and practices, as the same may be in effect from time to time. Provided, at the Company’s sole and exclusive discretion it may elect to provide Employee with a car allowance, instead of a company car.

  
 f. Controlling Effect of Company
Policies. Employee’s salary, bonus (if any), and other compensation and benefits shall be payable, and are subject to withholding, in accordance with the Company’s usual and general policies and practices, as the same may be in effect
from time to time. 
  
 6. Confidentiality. The Company from
time to time furnishes its managers and sales personnel with certain customer lists, product cost information, computer-generated data and other valuable information, including but not limited to, territory analysis reports, transaction reports and
inventory on hand reports, in which it has a proprietary ownership interest (hereinafter collectively referred to as “Confidential Information”) concerning the Company’s business. During the course of their employment, managers of the
Company become familiar with the Company’s entire operation, and have access to this Confidential Information for all Company customers, wherever located. In addition, sales and management personnel are at times given access to Confidential
Information of the Company’s Affiliated Parties. In light of the foregoing, Employee covenants and agrees that he will not at any time disclose or use the Confidential Information of the Company, or any of the Affiliated Parties in whole or in
part, directly or indirectly, for his or anyone else’s benefit, to any person or entity without the express 

  

 
prior written consent of the Company, except as reasonably necessary to carry out his assigned job duties. 
  
 7. Notices. Any notice given by either party hereunder shall be in
writing, sent by certified mail, return receipt requested, and shall be addressed to the other party’s last known address, and shall be deemed to be given on the date of mailing. Any notice by Employee shall be sent to the attention of his then
direct supervisor. 
  
 8. Termination. 
  
 a. The Company may terminate the term of this Agreement at
any time for cause, and any such termination shall be effective immediately. Notice of such termination may be given to Employee in writing, orally, by telephone or otherwise. The term “cause” shall include (but is not limited to):
violation by Employee of any terms of this Agreement or of any Company policies; neglect or poor performance by Employee of his duties: negligence, disloyalty, or insubordination by Employee related to his employment: fraudulent, dishonest or
criminal acts by Employee, whether or not related to his employment; and legitimate economic reasons. This Agreement shall also automatically terminate without any further obligation on the Company’s part if Employee dies or becomes eligible
for long-term disability. 
  
 b. Employee may
terminate the Agreement by giving to the Company not less than one hundred eighty (180) days prior written notice pursuant to paragraph 7 above. The Company may elect to immediately terminate Employee’s employment at any time during this one
hundred eighty (180) day period. If the Company elects to terminate the Employee’s employment prior to the end of the one hundred eighty (180) days, Employee shall be compensated during the balance of the one hundred eighty (180) day period as
described in paragraph c below. 
  
 c. The
Company may terminate this Agreement at any time without cause by giving the Employee not less than twelve (12) months prior written notice pursuant to paragraph 7 above. The Company may elect to immediately terminate Employee’s employment at
any time during the twelve (12) month period. If the Company elects to immediately terminate the Employee’s employment prior to the end of the twelve (12) months, the Employee shall receive the following compensation: The Employee shall receive
his then base salary for the balance of the twelve (12) month period according to normal Company pay policy and withholdings. The Employee’s salary payments shall be reduced by interim earnings. The Employee must report any interim earnings to
the Company on a monthly basis. In addition to salary payments, the Employee may continue to receive health insurance coverage during the balance of the twelve (12) month period. To receive continued health coverage during the balance of the twelve
(12) month period, the Employee must be eligible for and elect COBRA coverage. If the Employee becomes eligible for COBRA coverage, the Company would reimburse the Employee for COBRA premiums. The Company’s obligation to reimburse the Employee
for COBRA premiums during the balance of the twelve (12) month period would cease if the Employee loses his right to COBRA eligibility. The Employee must notify the Company immediately of any event which would terminate the Employee’s right to
COBRA. 
  

 d. If a dispute arises as to whether Employee was terminated for cause, the sole measure
of Employee’s damages shall be calculated in accordance with paragraph c above where the employee is terminated effective immediately without cause. 
  
 9. Post-Employment Restrictions. Upon expiration or earlier termination of the term of this Agreement, for whatever reason, whether such
termination be at the insistence of the Company or Employee or by mutual agreement, Employee agrees that he will abide by the post-employment restrictions set forth in Schedule B to this Agreement (which by this reference is incorporated in its
entirety into this Agreement). Those restrictions may be changed from time to time by the Company, upon written notice to Employee, and any such revised or amended Schedule B shall similarly be incorporated herein. If Employee breaches any
obligation imposed by this paragraph 9 (or as set forth in Schedule B to this Agreement), then the Company shall be immediately relieved from having any liability imposed by paragraphs 8(b)-(d). 
  
 10. Remedies. It is the intention of the parties that the preceding
paragraph be given liberal construction to the end that the Company shall be protected from unfair competition by former employees. Employee acknowledges and agrees that all conduct, schemes, switching or changing of customers, or other devices,
whether direct or indirect, which unfairly deprives the Company of its business and customers will be a violation of Paragraph 9 and Schedule B of this Agreement. Further, Employee acknowledges and agrees that great loss and damage, difficult and
perhaps impossible to ascertain, will be sustained by the Company if Employee violates the covenants and agreements set out in this paragraph, or in paragraph 9 or Schedule B of this Agreement, and Employee agrees that the Company may seek in any
state or federal court of competent jurisdiction to enjoin any violation of any said covenants and agreements. The rights and remedies given to or reserved by the Company under this Agreement shall be construed to be cumulative and not exclusive of
any other right or remedy available to the Company. Employee acknowledges and agrees that the duration, extent and application of each respective restriction of this paragraph, paragraph 9 and Schedule B of this Agreement is no greater than is
reasonable and necessary for the protection of the interest of the Company, but that if any arbitrator or court of competent jurisdiction shall determine that the period, the scope or the territory covered by, or any other provision, of this
paragraph, Paragraph 9 and Schedule B of this Agreement is unreasonable, such provision shall not be deemed to be null and void and of no effect, but rather shall be reformed by such arbitrator or court to impose a reasonable period, reasonable
scope, reasonable distance limitation or reasonable other provision, as the case may be. 
  
 11. Choice of Law. Except as otherwise provided in Paragraph 12, the validity, interpretation, construction, and performance of this Agreement shall be governed by the laws of the State of Missouri, exclusive
of any law that would apply the substantive law of any other jurisdiction or any law, not of general application, which would, impair the enforceability of the arbitration provision in paragraph 12. The invalidity or non-enforceability of any
particular provision of this Agreement shall not effect the other provisions hereof and this Agreement shall be construed in all respects as if such invalid or unenforceable provision were omitted. 
  

 12. Arbitration. Except for the enforcement of any rights to equitable relief pursuant to
Paragraph 10. Employee and the Company agree that any dispute, controversy or claim (between the Employee and the Company) arising out of, based upon or relating to Employee’s employment, the termination of that employment, this Agreement or
its breach, whether denominated as torts or contract claims or as statutory or regulatory claims (including claims for discrimination or discharge based upon race, sex, age, religion, disability or other prohibited grounds), whether arising before,
during or after termination of Employee’s employment or the term of this Agreement, and also including any dispute about whether any particular controversy is arbitrable under the terms of this paragraph, shall be resolved by binding
arbitration before one (1) arbitrator pursuant to the then current Rules for Resolution of Employment Disputes of the American Arbitration Association. For purposes of this paragraph, the term “Company”, will include the Company itself,
any director, officer, employee or agent of the Company, any of the Affiliated Parties, or any director, officer, employee or agent of the Affiliated Parties. Such arbitration proceeding shall be held in St. Louis, Missouri, or the nearest American
Arbitration Association office to the facility Employee was assigned at the time the dispute arises. Judgment on the award rendered by the Arbitrator may be entered in any court having jurisdiction thereof. Except as provided under the law, the
Arbitrator shall have no authority to alter, amend, modify or change the Agreement. The Arbitrator shall have the authority to award costs of the Arbitration (including attorney’s fees) in a manner consistent with a controlling substantive
claim at issue. The Arbitrator shall further have the authority to award damages (or other relief) consistent with a substantive claim being asserted, except for claims which are based upon the “Termination” paragraph of this Agreement
wherein the remedy is spelled out. 
  
 13. Time and Scope.
This Agreement shall not bar Employee (nor excuse Employee) from filing timely charges with any applicable administrative agency for claims, for example, arising under various state or federal labor and employment statutes. The Employee shall also
be free to cooperate with the agency at issue, with respect to its investigation into said claim, provided, that at the point the administrative claim entails a contested hearing (which will be defined to include any hearing involving sworn
testimony before an impartial fact finder who will make findings of fact and/or conclusions of law and recommend or order relief) said claim must be resolved in arbitration, with the demand for arbitration being made in the time required below. This
Agreement shall not require Employee (or the Company) to arbitrate claims which are subject to the exclusive jurisdiction of the National Labor Relations Board, or claims for state unemployment benefits, or claims for workers compensation benefits.
Provided, “claims for workers compensation benefits” or “state unemployment benefits”, will not include claims of retaliation for pursuing such claims; rather, retaliation claims must be pursued in arbitration. Any demand for
arbitration must be filed within one year of the event giving rise to the claim. Failure to file a timely demand for arbitration, shall constitute a waiver of right to demand arbitration as well as a waiver of the underlying claim. The
employee’s pursuit of a charge before an administrative agency shall not toll the running of the one-year limitations period for demanding arbitration. 
  
 14. Full Integration. This Agreement constitutes the entire Agreement of Employee and the Company with respect to Employee’s employment and
the compensation thereof. Employee specifically acknowledges that no written or oral representations inconsistent with or additional 

  

 
to the terms and conditions of this Agreement have been made or reached. Except as provided herein, the parties further agree that no modification, amendment
or waiver of any of the provisions of this Agreement shall be effective unless made in writing, specifically referring to this Agreement and signed by Employee and the Company. Parties also acknowledge and agree that the failure to enforce at any
time any of the provisions of this Agreement or to require at any time performance by any party of any of the provisions hereto shall in no way be construed as a waiver of such provision or to effect the validity of this Agreement or any part
thereof, or the right of each party thereafter to enforce each and every provision in accordance with the terms of this Agreement. 
  
 15. Assignability. This Agreement is not assignable by Employee, but is assignable by the Company. This Agreement shall be binding upon and
inure to the benefit of the Company, its successors and assigns. 
  
 16. Acknowledgment. Employee acknowledges that he has read this Agreement consisting of 16 numbered paragraphs and 6 pages and two attached, incorporated schedules and that he understands same. Employee acknowledges that he has had
ample opportunity to study the provisions of this Agreement and voluntarily accepts same of his own free will and choosing. 
  
 Employee hereby acknowledges having read this Agreement and that Employee executes this Agreement freely and voluntarily. THIS AGREEMENT CONTAINS A BINDING ARBITRATION
PROVISION WHICH MAY BE ENFORCED BY THE PARTIES. SEE PARAGRAPH 12. 
  

							
	 PATRICK L. LARMON
	 	 	 	 BUNZL USA, INC.

				
	/s/    PATRICK L. LARMON        	 	 	 	 By:
	 	/s/    DAVID WILLIAMS        
	“Employee”	 	 	 	 	 	David Williams, Director

  

 SCHEDULE “A” 
  
 Compensation Schedule 
  
 Date: January 1, 2005 
  
 The compensation of Patrick L. Larmon (“Employee”) for the period commencing from the date hereof, until the Agreement is terminated or the
salary is modified in accordance with the terms of the Agreement, shall be at the rate of Seven Hundred Twenty-Five Thousand Dollars and No Cents ($725,000.00) per year. The parties expressly agree that ten percent (10%) of this yearly salary is
paid in consideration of Employee’s promises related to the Post-Employment Restrictions set out in Schedule B of Employee’s Employment Agreement. This is an annual salary to be pro-rated if the Employee serves less than one year. This
salary to be paid in such time and manner as is standard company policy. The rate of compensation shall be subject to periodic review and if changed, a revised Schedule “A” shall be executed and substituted herefor. 
  

									
	 PATRICK L. LARMON
	 	 	 	 BUNZL USA, INC.

				
	/s/    PATRICK L. LARMON
        	 	 	 	By:	 	/s/    DAVID WILLIAMS        
	“Employee”	 	 	 	 	 	David Williams, Director

  

  
 SCHEDULE B 

TO EMPLOYMENT AGREEMENT 
 FOR PATRICK L. LARMON 
  
 This Schedule B
is part of the Employment Agreement for Patrick L. Larmon (“Agreement”) between Bunzl USA, Inc. (“Company”) and Patrick L. Larmon (“Employee”). 
  
 Post-Employment Restrictions 
  
 1. The consideration for the promises made by Employee in this Schedule B includes the promises made by the Company in the
Agreement and ten percent (10%) of the Employee’s yearly salary as set out in Schedule A of the Employment Agreement. 
  
 2. The parties acknowledge that the Company’s business is highly competitive and the Company has, through its experience, expertise and client
contacts, built up valuable goodwill and patronage in this business, all of which it has a legitimate interest in protecting. The parties further acknowledge that Employee may, during Employee’s employment with the Company, be assigned to work
for, or have access to customers or Confidential Information of the Company’s corporate affiliates, subsidiaries, and parents (hereinafter “Affiliated Parties”) throughout the United States, who likewise have established a protectible
interest in their customer goodwill and patronage. 
  
 3. Upon
termination, for whatever reason, of Employee’s employment with the Company, whether such termination be at the insistence of the Company or the Employee or by mutual agreement, Employee agrees to honor and fulfill the following promises and
obligations: 
  
 (A) Employee will return and relinquish to the
Company immediately all property and all documents (including each and every copy thereof) of the Company and the Affiliated Parties then in Employee’s possession or control including, without limitation, all Confidential Information (as
defined in the Agreement). This obligation will include, but is not limited to, an obligation to transfer any Confidential Information stored on computer equipment or media now owned by the Company to the Company’s possession and then
permanently delete said Confidential Information from said computer equipment or other media. When Confidential Information is stored on a Company owned or provided computer or media, Employee promises not only to return the property, but not to
destroy, erase or impair access to the Confidential Information. 
  
 (B) Employee will refrain for a period of three (3) years from the date of termination from disclosing, directly or indirectly, to any competitor of the Company, or other third party, any Confidential Information of the Company or any of
the Affiliated Parties. 
  
 (C) For a period of twelve (12) months
after the termination of his employment, Employee will not, directly or indirectly, engage in the sale, distribution or promotion of products of the kind or nature sold by the Company during Employee’s employment with the Company, in the
following geographic areas: Any county of any state where the Employee or the Employee’s 

  

 
subordinates called upon or dealt with the Company’s customers during the twelve (12) month period prior to Employee’s termination of employment
with the Company. 
  
 (D) For a period of twelve (12) months after
Employee’s employment is terminated, Employee will not, directly or indirectly, engage in the sale, distribution or promotion of products of the kind or nature sold by the Company during Employee’s employment with the Company, to any
customer of the Company that Employee or Employee’s subordinates called upon or dealt with during the twelve (12) month period prior to Employee’s termination of employment with the Company. 
  
 (E) For a period of twelve (12) months after Employee’s employment is
terminated, Employee will not, directly or indirectly, in any way solicit or offer employment to any exempt employee of the Company that: (a) Employee directly supervised during the twelve (12) month period prior to Employee’s termination of
employment with the Company; or who worked in sales, marketing, customer service and/or purchasing for the Company during the twelve (12) month period prior to Employee’s termination of employment with the Company. The words “solicit or
offer employment,” as used in this Paragraph 3(E), include, but are not limited to, any communication between Employee and the other employee of the Company wherein the communication could in any way be construed as Employee attempting to give
said other employee any reason to leave the employment of the Company regardless of who initiates the communication. 
  
 4. Employee specifically agrees that the post-employment time restrictions set out in Paragraph 3 above shall be tolled during any period that Employee is
in breach of Employee’s promises and obligations in this Schedule B. 
  
 5. Employee understands and agrees that if he goes to work for a different Bunzl related entity, this Schedule B shall continue in effect for a period of twelve (12) months after Employee starts working for the other
Bunzl related entity. Execution of a new Agreement and Schedule B regarding the Employee’s new Bunzl employer shall not terminate or supersede the Employee’s obligations in the present Schedule B. Similarly, if Employee transfers to a
different branch of the Company, this Schedule B shall continue in effect for a period of twelve (12) months after employee transfers to the other Company branch. Execution of a new Agreement or Schedule B regarding the new branch shall not
terminate or supersede the Employee’s obligations in the present Schedule B. 
  
 6. Definitions: The phrase “sale, distribution or promotion of products,” as used in Paragraphs 3(C) and 3(D) of this Schedule B shall include, but is not limited to, any communication between Employee and
the customer wherein the communication could in any way be construed as Employee attempting to give the customer any reason to cease doing business, in whole or in part, with the Company or its corporate affiliates, subsidiaries, or parents,
regardless of who initiates the communication. The word “customer,” as used in Paragraphs 3(C) and 3(D) of this Schedule B shall mean: Any person or entity that the Company sold products to, or actively attempted to sell products to, in
the twelve (12) month period prior to Employee’s termination of employment with the Company; and any person or entity that the 

  

 
Employee or Employee’s subordinates called on or dealt with during the twelve (12) month period prior to Employee’s termination of employment with
the Company. 
  

									
	 PATRICK L. LARMON
	 	 	 	 BUNZL USA, INC.

				
	/s/    PATRICK L. LARMON
        	 	 	 	By:	 	/s/    DAVID WILLIAMS        
	“Employee”	 	 	 	 	 	David Williams, Director

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