Document:

Separation Agreement and General Release

 Exhibit 10.1 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
 This Separation Agreement and General Release
(“Agreement”), dated as of May 3, 2006 (the “Effective Date”), is made by and among Philip D. Barnes (“Barnes”), Propex Fabrics Inc. (“Propex”) and Propex Fabrics Holdings Inc. (“Holdings”).

 WITNESSETH: 
 WHEREAS, on December 1, 2004, Propex and Barnes entered into an employment relationship governed by that certain letter agreement between Propex and Barnes dated as of such date (the “Letter Agreement”); 
 WHEREAS, the parties have determined to terminate the Letter Agreement and sever the employment relationship effective as of January 1, 2007
(the “Separation Date”); 
 WHEREAS, Barnes has also served as an officer and/or director of Propex, Holdings and some or
all of their affiliated companies; and 
 WHEREAS, as of the Effective Date, Barnes has resigned from all offices and directorships of
Propex, Holdings and their affiliated companies other than Vice President and CFO of Propex and Holdings. 
 NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein contained, the receipt, adequacy and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows: 
 1. Termination of Employment. Barnes will resign as Vice President and CFO of Propex and Holdings, and Barnes’ employment with Propex,
Holdings and their affiliated companies, will terminate effective as of the Separation Date. The Letter Agreement shall also be deemed terminated and of no further force and effect as of the Separation Date. After the Separation Date, Barnes shall
receive no further compensation or benefits from Propex, Holdings or any of their affiliated companies other than as provided herein and except for any bonus payable pursuant to the 2006 Bonus Plan and any vested accrued benefits Barnes has with
respect to any earned but unused vacation or any “employee benefit plan” as such term is defined in Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended, that is maintained or sponsored by Propex, Holdings
or any of their affiliated companies (the “Vested Accrued Benefits”). 
 2. Payments. On the Separation Date, Barnes
shall receive a lump-sum severance payment in cash (less any applicable statutory withholdings or deductions) of Four Hundred Eighty-Seven Thousand Five Hundred and No/100 Dollars ($487,500). The date that such payment is made is referred to herein
as the “Initial Payment Date”. In addition, Propex shall reimburse Barnes for up to Thirty Thousand and No/100 Dollars ($30,000) of the actual out-of-pocket expenses paid by Barnes to third parties for outplacement, professional education,
legal, and other job search services and employment matters provided through January 1, 2008. 
 3. Confidentiality
Obligations. Barnes agrees that he will not make use of or disclose, without the prior consent of Propex, any Confidential Information (as hereinafter defined) relating to Propex, Holdings or any of their affiliated companies, and further
agrees that he will return to Propex 

 at the request of Propex all written materials in his possession at any time embodying any such Confidential Information.
For purposes of this Agreement, “Confidential Information” includes information conveyed or assigned to Barnes or known to, conceived, compiled, created, developed, discovered, used, or obtained by Barnes during his employment
relationship with or association with Propex, Holdings or any of their affiliated companies or any of their predecessors which concerns the business or affairs of Propex, Holdings or any of their affiliated companies. Without limiting the generality
of the foregoing, “Confidential Information” includes information relating to inventions, trade secrets, technologies, algorithms, source codes, passwords, databases, software, products, services, finances, business plans, marketing plans,
forecasts, projections, legal affairs, supplier relationships, customer relationships, potential customers and suppliers, business prospects, business opportunities, personnel assignments, policies of every kind, compensation and benefits,
employees, contracts, assets or liabilities of Propex, Holdings or any of their affiliated companies and information made available to Propex, Holdings or any of their affiliated companies by other parties under a confidential relationship.
“Confidential Information,” however, shall not include information: (a) which is, at the time in question, in the public domain through no act of Barnes, (b) which is required by court or governmental order, law or regulation to
be disclosed, or (c) which Propex has expressly given Barnes the right to disclose pursuant to a separate written agreement. 
 4.
Non-Compete Obligations. In consideration of the payments made and to be made to Barnes hereunder and other good and valuable considerations, the receipt and sufficiency of which are hereby acknowledged, Barnes agrees that during the
“Non-Compete Term” (as defined below) he will not: 
 (a) represent, engage in, carry on, or have a financial
interest in, directly or indirectly, individually, as a partner of a partnership or member of a limited liability company, equity owner, stockholder (other than as a stockholder of less than one percent (1%) of the issued and outstanding stock
of a publicly-held company whose gross assets exceed $100 million), investor, owner, officer, director, trustee, manager, employee, agent, associate or consultant, any business which directly competes with any of the services or products produced,
sold, conducted, developed, or in the process of development by Propex, its parent or any of its subsidiaries or other affiliated companies on the Separation Date within a 300 mile radius of Austell, Georgia; 
 (b) directly or indirectly, whether as a principal, agent, officer, director, employee, consultant, independent contractor or otherwise,
alone, in association with or on behalf of any other person, firm, corporation or other business organization, solicit, sell, call upon, advise, do or attempt to do business with or otherwise contact any customer of Propex, its parent or any of its
subsidiaries or other affiliated companies as of the Separation Date; 
 (c) directly or indirectly, whether as a principal,
agent, officer, director, employee, consultant, independent contractor or otherwise, alone, in association with or on behalf of any other person, firm, corporation or other business organization, hire, attempt to hire, or assist in hiring any
employee of Propex, its parent or any of its subsidiaries or other affiliated companies, or encourage any such employee to terminate his/her employment with Propex, its parent, subsidiaries or other affiliated companies; 
 (d) directly or indirectly, whether as a principal, agent, officer, director, employee, consultant, independent contractor or otherwise,
alone, in association with or on behalf of any other person, firm, corporation or other business organization, solicit, encourage or induce 
  

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 any customer, supplier or other person, firm, corporation or other business organization having a
business relationship with Propex, its parent or any of its subsidiaries or other affiliated companies to reduce, curtail, limit or terminate his, her or its business with Propex, its parent or any of its subsidiaries or other affiliated companies;
or 
 (e) make any statement (orally or in writing) about Propex, its parent or any of its subsidiaries or affiliated
companies or any of their products or services, which statement could reasonably be expected to be detrimental to Propex, its parent or any of its subsidiaries or other affiliated companies or the marketing or sale of any of their products or
services. 
 The term “Non-Compete Term” means the period beginning on the Separation Date and ending on April 1, 2008. 
 Barnes acknowledges that the limitations set forth herein on Barnes’ rights to compete with Propex, its parent, subsidiaries and other affiliated companies are
reasonable and necessary for the protection of Propex, its parent, subsidiaries and other affiliated companies. In this regard, Barnes hereby specifically agrees that the limitations as to period of time and geographic area, as well as all other
restrictions on Barnes’ activities specified herein, are reasonable and necessary for the protection of Propex, its parent, subsidiaries and other affiliated companies. Barnes agrees that, in the event that the provisions of this Section 4
should ever be deemed to exceed the scope of business, time or geographic limitations permitted by applicable law, such provisions shall be and are hereby reformed to the maximum scope of business, time or geographic limitations permitted by
applicable law. 
 Barnes acknowledges and agrees that the breach of any of the covenants made by Barnes in Section 3 or this Section 4 would cause
irreparable injury to Propex, which could not sufficiently be remedied by monetary damages; and, therefore, that Propex shall be entitled to obtain such equitable relief as declaratory judgments, temporary, preliminary and permanent injunctions and
orders of specific performance, without in any case the posting of any bond, to enforce those covenants or to prohibit any act or omission by Barnes that constitutes a breach thereof. If a party must bring suit to interpret and/or enforce this
Agreement or to defend any such action, the prevailing party shall be entitled to recover its attorneys’ fees and costs related thereto. 
 5. Consulting Arrangement. During the period (the “Consulting Period”) beginning on the Separation Date and ending on April 1, 2008, Barnes shall make himself available to consult with Propex, Holdings and their
affiliated companies with respect to their businesses and operations at such reasonable times as may be requested by Propex on reasonable notice to Barnes. On or before the twentieth day of each month during the Consulting Period, beginning on
January 20, 2007 and ending on March 20, 2008, Barnes shall receive a consulting services fee in cash (less any applicable statutory withholdings or deductions) of Twenty-One Thousand Six Hundred Sixty-Seven and No/100 Dollars ($21,667).
Propex and Holdings shall promptly reimburse Barnes for out-of-pocket expenses incurred in providing such consultation. Such consultation is not contemplated to require more than a moderate amount of Barnes’ time on a monthly basis, and it is
not intended to interfere with Barnes’ ability to accept a full-time position. 
 6. Continuation of Health Care Benefits.
Barnes will be eligible for continued health (medical/dental/vision) care insurance in accordance with the Consolidated Omnibus Budget Reconciliation Act (COBRA) for eighteen months from the Separation Date, if Barnes elects coverage, at
Propex’s sole cost and expense. Barnes shall promptly notify Propex of any change of status, such as reemployment, which would affect his rights to continued coverage under COBRA. 
  

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 7. Stock Options. Barnes has been previously granted 5,000 options to purchase capital
stock of Holdings pursuant to that certain Nonqualified Stock Option Agreement for Employees between Barnes and Holdings (the “Option Agreement”). Notwithstanding any term or provision of the Option Agreement, Holdings agrees that, as of
the Effective Date, 25% of said options (1,250 shares of the 5,000 shares) shall be “Vested” (as defined in the Option Agreement) and fully exercisable. Provided that Barnes has not been previously terminated “For Cause” (as
defined in the Letter Agreement), 50% of said options (2,500 shares of the 5,000 shares) shall be Vested as of December 1, 2006, and 75% of said options (3,750 shares of the 5,000 shares) shall be Vested as of December 1, 2007. The
remaining 25% of said options (1,250 shares of the 5,000 shares) are hereby terminated and shall not be exercisable. Upon the occurrence of a “Change of Control” (as defined in the Option Agreement) any time prior to December 1, 2007,
75% of the options granted under the Option Agreement (3,750 shares of the 5,000 shares) shall immediately be Vested and fully exercisable. Upon occurrence of the 30th day following Barnes’ receipt of written notice of a Change of Control, all options to purchase 3,750 shares as set forth in this Section 7, Vested
or not, shall terminate and expire. Barnes agrees that, except as otherwise expressly provided in this paragraph, all stock option and other rights, if any, of Barnes to acquire any capital stock or other equity interest in Propex, Holdings or any
of their affiliated companies have been and are hereby cancelled and terminated. The Propex parties agree that any permitted discretionary decisions made pursuant to the Option Agreement regarding Barnes’ stock options as set forth in this
Section 7 shall be no less favorable than those similar decisions generally affecting the stock options of other officials or executives of the Propex parties. 
 8. Stock Repurchase. Holdings hereby waives its right under Section 4 of that certain Propex Fabrics Holdings Inc. Employee Stockholders Agreement (the “Stockholders Agreement”), to
require Barnes to sell Shares (as defined in the Stockholders Agreement) beneficially owned by Barnes to Company Eligible Offerees (as defined in the Stockholders Agreement). The foregoing waiver shall immediately terminate in the event that Barnes
becomes employed by any Competitor (as defined in the Stockholders Agreement). 
 9. Resignation as Officer and Director. As of
the Effective Date, Barnes has and does hereby resign from all offices and directorships of Propex and Holdings and any of their affiliated companies other than Vice President and CFO of Propex and Holdings. Barnes hereby resigns as Vice President
and CFO of Propex and Holdings effective as of the Separation Date. 
 10. Job References for Barnes. Propex and Holdings agree
that any requests for information regarding Barnes’ tenure and/or performance as Vice President and CFO of Propex and Holdings will be referred to the Sterling Group, Attn: Mr. Hunter Nelson. 
 11. Waiver and Release by Barnes. Barnes, on behalf of himself, his heirs, executors, successors, administrators and assigns (collectively,
“Barnes Parties”), knowingly and voluntarily hereby discharges and releases Propex, Holdings, their respective subsidiaries, affiliated companies and minority owned companies and their respective predecessors, successors and assigns their
respective officers, stockholders, employees, directors, attorneys, and insurers (the “Propex Parties”) from and waives any claims, demands, liabilities, obligations, rights, damages and/or causes of action whatsoever, presently known or
unknown, that are based upon or arise in connection with any act, omission or fact occurring prior to the Effective Date, including but not limited to the following: (a) any statutory claims under the Age Discrimination in Employment Act of
1967 and as amended by the Older Workers Benefit Protection Act, the Americans with Disabilities Act of 1990, the Family and Medical Leave Act of 1993, the Civil Rights Acts of 1964 and 1991, the Employee 
  

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 Retirement Income Security Act of 1974, or arising from any federal, state or local statute, ordinance or regulation,
(b) any common law, tort or contract claims, including but not limited to, claims arising under any written or oral agreements between Barnes and any of the Propex Parties, and (c) any claims, matters or actions related to Barnes’
employment and/or affiliation with, or separation from Propex, Holdings or their affiliated companies; SAVE AND EXCEPT only (i) rights that cannot be waived under mandatory provisions of applicable law, (ii) Barnes’ rights under this
Agreement and (iii) Barnes’ rights to the Vested Accrued Benefits. 
 12. Waiver and Release by Propex and Holdings.
Propex and Holdings, on behalf of themselves and all of their all affiliated entities and their respective predecessors, successors, and assigns (the “Propex Releasing Parties”) hereby fully and finally discharge and release the Barnes
Parties and their attorneys from any and all claims and causes of action of whatsoever nature, whether known or unknown that are based upon or arise in connection with any act, fact or omission occurring prior to the Effective Date SAVE AND EXCEPT
only the rights of the Propex Releasing Parties under this Agreement. The Propex Releasing Parties acknowledge that Barnes has returned all property due to be returned to them. 
 13. Certain Acknowledgements, Representations and Agreements. Barnes acknowledges, represents and agrees (a) that he has been fully
informed and is fully aware of his right to discuss any and all aspects of this matter with an attorney of his choice, (b) that he has carefully read and fully understands all of the provisions of this Agreement, (c) that he has had
sufficient time to consider fully this Agreement and has knowingly and voluntarily elected to execute and deliver this Agreement after having had sufficient time to consider it, and (d) that he accepts the terms of this Agreement as fair and
equitable under all the circumstances and voluntarily executes this Agreement. 
 14. Notices. All notices, requests, or
consents provided for or permitted to be given under this Agreement must be in writing and shall be considered delivered to the recipient when actually delivered to the recipient in person, by United States mail, next day delivery services such as
FedEx and UPS, courier, telegram or facsimile transmission. The address of Propex and Holdings for purposes of notice shall be 260 The Bluffs, Austell, Georgia 30168 or such other address as may specified by Propex by notice to Barnes. The address
of Barnes for purposes of notice shall be 4787 Crest Park Lane, Marietta, GA 30068 or such other address as may be specified by Barnes by notice to Propex. 
 15. Entire Agreement. This Agreement sets forth the entire agreement between Barnes, Propex and Holdings and supercedes any prior understandings or oral agreements among the parties with respect to the
subject matter hereof or any employment relationship between Barnes and Propex, Holdings or any of their affiliated companies. No one has promised Barnes anything that is different from what is set forth in this Agreement. No other promises or
agreements shall be binding upon Barnes, Propex or Holdings with respect to the subject matter of this Agreement unless separately agreed to in writing. Except as provided in Section 14, this Agreement may be modified or amended or any
provision hereof waived only by a written instrument signed by all of the parties hereto. 
 16. Modification and Severability.
If a court of competent jurisdiction declares that any provision of this Agreement is illegal, invalid or unenforceable, then such provision shall be modified automatically to the extent necessary to make such provision fully legal, valid or
enforceable. If such court does not modify any such provision as contemplated herein, but instead declares it to be wholly illegal, invalid or unenforceable, then such provision shall be severed from 
  

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 this Agreement, this Agreement and the rights and obligations of the parties hereto shall be construed as if this
Agreement did not contain such severed provision, and this Agreement otherwise shall remain in full force and effect. 
 17.
Assignability; Binding Effect. Neither this Agreement nor any interest herein may be assigned, directly or indirectly, by Barnes without the prior written consent of Propex. This Agreement and any interest herein is freely assignable,
directly or indirectly, by Propex and Holdings. This Agreement shall be binding upon and inure to the benefit of Barnes and his heirs, legal representatives and permitted successors and assigns, and Propex and Holdings and their respective
successors and assigns. 
 18. Multiple Counterparts. This Agreement may be executed by the parties hereto in multiple
counterparts, each of which shall be deemed an original for all purposes, and all of which together shall constitute one and the same instrument. The officer executing this Agreement on behalf of Propex and Holdings represents that he has the
requisite authority to do so and bind each such entity. 
 19. Controlling Law. This Agreement has been made in the State of
Georgia and Georgia law applies to it. If any part is found to be invalid, the remaining parts of the Agreement will remain in effect as if there were no invalid part. 
  

			
	PROPEX FABRICS INC.
		
	By:	 	 /s/ J. F. Dana

	Name:	 	Joseph F. Dana
	Title:	 	President & CEO
	Date:	 	May 3, 2006
	
	PROPEX FABRICS HOLDINGS INC.
		
	By:	 	 /s/ J. F. Dana

	Name:	 	Joseph F. Dana
	Title:	 	President & CEO
	Date:	 	May 3, 2006

  

	
	
	/s/ Philip D. Barnes

 Philip D. Barnes 
 Date: May 3, 2006 
  

 -6-Fourth Amended and Restated Certificate of Incorporation

 EXHIBIT 4.1 
  
 FOURTH AMENDED AND RESTATED CERTIFICATE OF INCORPORATION 
 OF 
 TARGACEPT, INC. 
  
 Pursuant to Section 242 and Section 245 of the General Corporation Law of Delaware (the “DGCL”), the undersigned corporation hereby
submits the following for the purpose of amending and restating its Certificate of Incorporation, as amended, and does hereby certify as follows. 
  
 1. The name of the corporation is Targacept, Inc. The corporation’s original Certificate of Incorporation was filed on March 7, 1997. 
  
 2. The corporation’s Certificate of Incorporation is hereby amended and restated
in its entirety as set forth in the text of the Fourth Amended and Restated Certificate of Incorporation attached hereto as Exhibit A. 
  
 3. This Fourth Amended and Restated Certificate of Incorporation was duly adopted in accordance with Sections 245(c), 242 and 228 of the DGCL and will be effective
upon filing. 
  
 IN WITNESS WHEREOF, said Targacept, Inc. has caused this
Fourth Amended and Restated Certificate of Incorporation to be signed by its President and Chief Executive Officer, this 18 day of April 2006. 
  
 TARGACEPT, INC. 
  
 By:   /s/ J. Donald
deBethizy                     
         J. Donald deBethizy 
         President and Chief Executive Officer 

 EXHIBIT A 
  
 FOURTH AMENDED AND RESTATED CERTIFICATE OF INCORPORATION OF TARGACEPT, INC. 
  

FIRST: The name of the corporation (hereinafter called the “corporation”) is Targacept, Inc. 
  
 SECOND: The address, including street, number, city and county of the registered
office of the corporation in the State of Delaware, is 2711 Centreville Road, Suite 400, City of Wilmington 19808, County of New Castle; and the name of the registered agent of the corporation in the State of Delaware at such address is Corporation
Service Company. 
  
 THIRD: The purpose of the corporation is to
engage in any lawful act or activity for which corporations may be organized under the General Corporation Law of the State of Delaware, as the same now exists or may hereafter be amended. 
  
 FOURTH: 
  

	 	1.	 	The total number of shares that the corporation is authorized to issue is One Hundred Five Million (105,000,000), of which: (1) One Hundred Million (100,000,000) shares shall be
designated as Common Stock, $0.001 par value per share (“Common Stock”); and (2) Five Million (5,000,000) shares shall be designated as Preferred Stock, $0.001 par value per share (“Preferred Stock”).

  

	 	2.	 	The board of directors of the corporation (the “Board”) is authorized, subject to any limitations prescribed by law, to provide for the issuance of shares of Preferred Stock
in one or more series, to establish from time to time the number of shares to be included in each such series, to increase or decrease the number of shares of any series subsequent to the issue of shares of that series, but not below the number or
shares of such series then outstanding, and to fix the designation, powers, preferences, relative, participating optional or other special rights, and any qualifications, limitations and restrictions of the shares of each such series. In case the
number of shares of any series shall be so decreased, the shares constituting such decrease shall resume the status that they had prior to the adoption of the resolution originally fixing the number of shares of such series.

  

	 	3.	 	 Each outstanding share of Common Stock shall entitle the holder thereof to one vote on each matter properly submitted to the stockholders of the corporation for a vote;
provided, however, that, except as otherwise required by law, holders of Common Stock shall not be entitled to vote on any amendment (including any certificate of designation relating to any series of Preferred Stock) to this certificate of
incorporation that relates solely to the terms of one or more outstanding series of Preferred Stock if the holders of such affected series are entitled, either separately or together as a class with the holders of one or more other such series, to
vote thereon by law or pursuant to this certificate of 

  

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incorporation (including any certificate of designation relating to any series of Preferred Stock). 
  
 FIFTH: The corporation is to have perpetual existence. 
  
 SIXTH: For the management of the business and for the conduct of the affairs of the corporation, and in further definition,
limitation and regulation of the powers of the corporation and of its directors and of its stockholders or any class thereof, it is further provided: 
  

	 	1.	 	The business and the conduct of the affairs of the corporation shall be managed by or under the direction of the Board. 

  

	 	2.	 	Any action required or permitted to be taken by the stockholders of the corporation must be effected at a duly called annual or special meeting of stockholders of the corporation and may not
be effected by any written consent by such stockholders. 

  

	 	3.	 	Special meetings of stockholders of the corporation may be called only by the Chairman of the Board, the Chief Executive Officer, the President or the Board acting pursuant to a resolution
adopted by a majority of the Whole Board and any power of stockholders to call a special meeting of stockholders is specifically denied. Only such business as shall have been stated in the notice of a special meeting of stockholders shall be
considered at such special meeting. For purposes of this certificate of incorporation, the “Whole Board” shall mean the total number of directors then fixed in accordance with this certificate of incorporation, whether or not there
are any vacancies. 

  
 SEVENTH: 
  

	 	1.	 	 Subject to any rights of the holders of any series of Preferred Stock to elect additional directors under specified circumstances, the number of directors shall be fixed from
time to time exclusively by the Board. The directors, other than those who may be elected by the holders of any series of Preferred Stock under specified circumstances, shall be divided into three classes, as nearly equal in number as possible, with
the term of office of the first class to expire at the corporation’s first annual meeting of stockholders following the initial classification of the Board upon the effectiveness of this certificate of incorporation, with the term of office of
the second class to expire at the corporation’s second annual meeting of stockholders following the initial classification of the Board upon the effectiveness of this certificate of incorporation and with the term of office of the third class
to expire at the corporation’s third annual meeting of stockholders following the initial classification of the Board upon the effectiveness of this certificate of incorporation, and thereafter for each such term to expire at each third
succeeding annual meeting of stockholders after such election and with each director to hold office until 

  

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his or her successor shall have been duly elected and qualified. At each annual meeting of stockholders, directors elected to succeed those directors whose terms
expire shall be elected for a term of office to expire at the third succeeding annual meeting of stockholders after their election, with each director to hold office until his or her successor shall have been duly elected and qualified or until his
or her death, retirement, resignation or removal. 
  

	 	2.	 	Newly created directorships resulting from any increase in the authorized number of directors or any vacancies in the Board resulting from death, retirement, resignation, removal from office
or other cause may be filled only by a majority vote of the directors then in office even though less than a quorum, or by a sole remaining director, and not by the stockholders. In the event of any increase or decrease in the authorized number of
directors, (a) each director then serving as such shall nevertheless continue as a director of the class of which he or she is a member until the expiration of his or her current term or his or her prior death, retirement, resignation or
removal and (b) the newly created or eliminated directorships resulting from such increase or decrease shall if reasonably possible be apportioned by the Board among the three classes of directors so as to ensure that no one class has more than
one director more than any other class. To the extent reasonably possible, consistent with the foregoing rule, any newly created directorships shall be added to those classes whose terms of office are to expire at the latest dates following such
allocation and newly eliminated directorships shall be subtracted from those classes whose terms of office are to expire at the earliest dates following such allocation, unless otherwise provided for from time to time by resolution adopted by a
majority of the directors then in office, although less than a quorum. In the event of a vacancy in the Board, the remaining directors, except as otherwise provided by law or this certificate of incorporation, may exercise the powers of the full
Board until the vacancy is filled. No decrease in the number of directors constituting the Board shall shorten the term of any incumbent director. 

  

	 	3.	 	No election of directors need be by written ballot unless the Bylaws of the corporation so provide. 

  

	 	4.	 	No stockholder will be permitted to cumulate votes at any election of directors. 

  

	 	5.	 	Advance notice of stockholder nominations for the election of directors and of business to be brought by stockholders before any meeting of the stockholders of the corporation shall be given
in the manner provided in the Bylaws of the corporation. 

  

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	 	6.	 	Subject to the rights of the holders of any series of Preferred Stock then outstanding and except as otherwise provided in this certificate of incorporation or required by law, any director,
or all of the directors, may be removed from the Board with or without cause, but only by the affirmative vote of the holders of at least 66 2/3% of the aggregate voting power of the then-outstanding shares of capital stock of the corporation
entitled to vote in the election of directors, voting together as a single class. 

  
 EIGHTH: The power to adopt, amend or repeal the Bylaws of the corporation may be exercised by the Board. The stockholders shall also have the power to adopt,
amend or repeal the Bylaws; provided, however, that, in addition to any vote of the holders of any class or series of stock of the corporation required by law or this certificate of incorporation, the affirmative vote of the holders of at least 66
2/3% of the aggregate voting power of the then-outstanding voting shares of voting stock entitled to vote generally in the election of directors, voting together as a single class, shall be required to adopt, amend or repeal all or any portion of
Sections 13 or 14 of Article II, Section 2 of Article III, Article VIII and Section 6 of Article IX of the Bylaws. 
  
 NINTH: A director of the corporation shall not be personally liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty
as a director, except for liability (a) for any breach of the director’s duty of loyalty to the corporation or its stockholders, (b) for acts or omissions not in good faith or which involve intentional misconduct or a knowing
violation of law, (c) under Section 174 of the General Corporation Law of Delaware, or (d) for any transaction from which the director derived an improper personal benefit. If the General Corporation Law of Delaware is amended to
authorize corporate action further eliminating or limiting the personal liability of directors, then the liability of a director of the corporation shall be eliminated or limited to the fullest extent permitted by the General Corporation Law of
Delaware as so amended. Neither any amendment, repeal or modification of this article nor the adoption of any provision of this certificate of incorporation or the Bylaws of the corporation inconsistent with this article shall adversely affect any
right or protection of a director of the corporation existing at the time of such amendment, repeal, modification or adoption. 
  
 TENTH: The corporation shall, to the fullest extent permitted by the provisions of Section 145 of the General Corporation Law of the State of Delaware,
as the same may be amended and supplemented, indemnify any person who is or was a director or officer of the corporation, or is or was serving at the request of the corporation as a director, officer or trustee of another corporation, partnership,
joint venture, trust, employee benefit plan or other enterprise, from and against any and all of the expenses, liabilities, or other matters referred to in or covered by said section, and the indemnification provided for herein shall not be deemed
exclusive of any other rights to which such persons may be entitled under any Bylaw, agreement, vote of stockholders or disinterested directors or otherwise, both as to action in his or her official capacity and as to action in another capacity
while holding such office, and shall continue as to a person who has ceased to be a director or officer and shall inure to the benefit of the heirs, executors, and administrators of such a person. In addition, the corporation may, to the extent

  

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authorized from time to time by the Board, grant indemnification rights to other employees or agents of the corporation or other persons serving the corporation and
such rights may be equivalent to, or greater or less than, those indemnification rights of directors and officers set forth in this article or the Bylaws. Neither any amendment, repeal or modification of this article nor the adoption of any
provision of this certificate of incorporation or the Bylaws of the corporation inconsistent with this article shall adversely affect any right or protection of a director or officer of the corporation existing at the time of such amendment, repeal,
modification or adoption. 
  
 ELEVENTH: From time to time any of the
provisions of this certificate of incorporation may be amended, altered or repealed and other provisions authorized by the laws of the State of Delaware at the time in force may be added or inserted in the manner and at the time prescribed by said
laws; provided, however, that, notwithstanding any other provision of this certificate of incorporation, or any provision of law that might otherwise permit a lesser vote or no vote, but in addition to any vote of the holders of any class or series
of the stock of this corporation required by law or by this certificate of incorporation, the affirmative vote of the holders of at least 66 2/3% of the voting power of the then-outstanding shares of voting stock entitled to vote generally in the
election of directors, voting together as a single class, shall be required to amend or repeal Article SIXTH, Article SEVENTH, Article EIGHTH, Article NINTH, Article TENTH or this Article ELEVENTH. All rights conferred upon stockholders of the
corporation by this certificate of incorporation are granted subject to the provisions of this Article ELEVENTH. 
  

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