Document:

exv4w1

EXHIBIT
4.1

COMPOSITE

ARTICLES OF INCORPORATION

OF

CASTLE BRANDS INC.

ARTICLE I — NAME

     The name of this corporation is CASTLE BRANDS INC. (the “Corporation”).

ARTICLE II — PURPOSE

     The purpose for which the Corporation is formed is to engage in any lawful act or activity for
which corporations may be organized under the Florida Business Corporation Act (the “Act”).

ARTICLE III — PRINCIPAL PLACE OF BUSINESS AND MAILING ADDRESS

     The address of the principal office and the mailing address of the office of the Corporation
is 122 East 42nd Street, Suite 4700, New York, NY 10168.

ARTICLE IV — CAPITAL STOCK

     The Corporation shall be authorized to issue Two Hundred Fifty Million (250,000,000) shares of
capital stock, of which (i) Two Hundred Twenty-Five Million (225,000,000) shares shall be common
stock, par value $.01 per share (the “Common Stock”), and (ii) Twenty-Five Million
(25,000,000) shares shall be preferred stock, par value $.01 per share (the “Preferred
Stock”).

          (a) Common Stock. Except as otherwise provided by law or by these Articles of
Incorporation (including any certificate filed with the Secretary of State of the State of Florida
establishing the terms of a series of Preferred Stock in accordance with Section (b) of this
Article IV), the Common Stock shall have the exclusive right to vote for the election of directors
and for all other purposes. Each share of Common Stock shall entitle the holder thereof to one
vote on all matters on which shareholders are entitled generally to vote, and the holders of Common
Stock shall vote together as a single class. The holders of shares of Common Stock shall not have
cumulative voting rights.

          (b) Preferred Stock. Shares of Preferred Stock may be issued from time to time in one
or more series. The Board of Directors (the “Board”) is hereby authorized to fix by
resolution or resolutions the voting powers, if any, designations, powers, preferences and the
relative, participating, optional or other special rights, if any, and the qualifications,
limitations or restrictions thereof, of any unissued series of Preferred Stock; and to fix the
number of shares constituting such series, and to increase or decrease the number of shares of any
such series (but not below the number of shares thereof then outstanding). The powers, preferences
and relative,
participating, optional and other special rights of each series of Preferred Stock, and the
qualifications, limitations or restrictions thereof, if any, may differ from those of any and all
other series at any time outstanding.

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ARTICLE V — REGISTERED AGENT AND OFFICE

     The street address of the Corporation’s initial registered office is 11380 Prosperity Farms
Road #221E, Palm Beach Gardens, Florida 33410, and the name of its initial registered agent at such
office is Corporate Creations Network Inc.

ARTICLE VI — BOARD OF DIRECTORS

     The business and affairs of the Corporation shall be managed by or under the direction of the
Board except as otherwise provided herein or required by law.

          (a) Board of Directors. Subject to the rights of the holders of any outstanding
series of Preferred Stock or any other series or class of stock as set forth in these Articles of
Incorporation to elect additional directors under specified circumstances, the number of directors
of the Corporation shall be fixed, and may be increased or decreased from time to time, by
resolution of the Board.

          (c) Election of Directors. Unless and except to the extent that the By-laws of the
Corporation shall so require, the election of directors of the Corporation need not be by written
ballot.

          (d) Terms of Directors. Directors who are elected at an annual meeting of
shareholders, and directors who are elected in the interim to fill vacancies and newly created
directorships shall hold office until the next annual meeting of shareholders and until their
successors are elected and qualified or until their earlier resignation or removal.

          (e) (1) Notwithstanding the foregoing, whenever, pursuant to the provisions of Article IV of
these Articles of Incorporation, the holders of any one or more series of Preferred Stock shall
have the right, voting separately as a series or together with holders of other such series, to
elect directors at an annual or special meeting of shareholders, the election, term of office,
filling of vacancies and other features of such directorships shall be governed by the terms of
these Articles of Incorporation and any certificate of designations applicable thereto.

               (2) During any period when the holders of any series of Preferred Stock have the right to
elect additional directors as provided for or fixed pursuant to the provisions of Article IV
hereof, then upon commencement and for the duration of the period during which such right
continues: (i) the then otherwise total authorized number of directors of the Corporation shall
automatically be increased by such specified number of directors, and the holders of such Preferred
Stock shall be entitled to elect the additional directors so provided for or fixed pursuant to said
provisions, and (ii) each such additional director shall serve until such director’s successor
shall have been duly elected and qualified, or until such director’s right to hold such office
terminates pursuant to said provisions, whichever occurs earlier, subject to such director’s
earlier death, disqualification, resignation or removal. Except as otherwise provided by the Board
in the resolution or resolutions establishing such series, whenever the holders of
any series of Preferred Stock having such right to elect additional directors are divested of
such right pursuant to the provisions of such stock, the terms of office of all such additional
directors elected by the holders of such stock, or elected to fill any vacancies resulting from the
death, resignation, disqualification or removal of such additional directors, shall forthwith
terminate and the total and authorized number of directors of the Corporation shall be reduced
accordingly.

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          (f) Vacancies. Subject to the rights of the holders of any series of Preferred Stock,
any and all vacancies on the Board, however occurring, including, without limitation, by reason of
an increase in size of the Board, or the death, resignation, disqualification or removal of a
director, shall be filled solely by the affirmative vote of a majority of the remaining directors
then in office, even if less than a quorum of the Board. Any director appointed in accordance with
the preceding sentence shall hold office until such director’s successor shall have been duly
elected and qualified or until his or her earlier resignation or removal. In the event of a
vacancy in the Board, the remaining directors, except as otherwise provided by law, may exercise
the powers of the full Board until the vacancy is filled.

          (g) Liability. A director of the Corporation shall not be personally liable to the
Corporation or its shareholders for monetary damages for breach of fiduciary duty as a director,
except to the extent such exemption from liability or limitation thereof is not permitted under the
Act as the same exists or may hereafter be amended. Any amendment, repeal or modification of the
foregoing sentence shall not adversely affect any right or protection of a director of the
Corporation existing hereunder with respect to any act or omission occurring prior to such
amendment, repeal or modification.

ARTICLE VII — INDEMNIFICATION

          (a) Each person who was or is a party or is threatened to be made a party to any threatened,
pending or completed action, suit or proceeding, whether civil, criminal, administrative or
investigative, by reason of the fact that he 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, employee or agent of
another corporation, partnership, joint venture, trust or other enterprise, including service with
respect to employee benefit plans, whether the basis of such proceeding is alleged action in an
official capacity as a director, officer, employee or agent or in any other capacity while serving
as a director, officer, employee or agent, shall be indemnified and held harmless by the
Corporation to the fullest extent authorized or permitted by the Act, as the same exists or may
hereafter be amended (but, in the case of any such amendment, only to the extent that such
amendment permits the Corporation to provide broader indemnification rights than said law permitted
the Corporation to provide prior to such amendment), against all expense, liability and loss
(including attorneys’ fees, judgments, fines, excise taxes or penalties and amounts paid or to be
paid in settlement) actually and reasonably incurred by such person in connection with such action,
suit or proceeding, and such indemnification shall continue as to a person who has ceased to be a
director, officer, employee or agent and shall inure to the benefit of the heirs, executors and
administrators of such person; provided, however, that, except as provided in paragraph (b), the
Corporation shall indemnify any such person seeking indemnification in connection with an action,
suit or proceeding (or part thereof) initiated by such person only if such action, suit or
proceeding (or part thereof) was authorized by the Board of the Corporation. The right to
indemnification conferred in this Article shall be a contract right and shall include
the right to be paid by the Corporation the expenses incurred in defending any such action,
suit or proceeding in advance of its final disposition; provided, however, that, if the Act
requires, the payment of such expenses incurred by a director or officer in his capacity as such in
advance of the final disposition of any such action, suit or proceeding shall be made only upon
receipt by the Corporation of an undertaking by or on behalf of such director or officer to repay
all amounts so advanced if it shall ultimately be determined that such director or officer is not
entitled to be indemnified under this Article or otherwise. The Corporation may, to the extent
authorized from time to time by the Board, provide rights to indemnification and to the advancement
of expenses to employees and agents of the Corporation with the same scope and effect as the
foregoing indemnification of directors and officers.

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          (b) If a claim under paragraph (a) is not paid in full by the Corporation within thirty (30)
days after a written claim has been received by the Corporation, the claimant may at any time
thereafter bring suit against the Corporation to recover the unpaid amount of the claim and, if
successful in whole or in part, the claimant shall be entitled to be paid also the expense of
prosecuting such claim. It shall be a defense to any such action (other than an action brought to
enforce a claim for expenses incurred in defending any proceeding in advance of its final
disposition where the required undertaking, if any is required, has been tendered to the
Corporation) that the claimant has not met the standards of conduct which make it permissible under
the Act for the Corporation to indemnify the claimant for the amount claimed, but the burden of
proving such defense shall be on the Corporation. Neither the failure of the Corporation
(including the Board, independent legal counsel or its shareholders) to have made a determination
prior to the commencement of such action that indemnification of the claimant is proper in the
circumstances because he has met the applicable standard of conduct set forth in the Act, nor an
actual determination by the Corporation (including the Board, independent legal counsel or its
shareholders) that the claimant has not met such applicable standard of conduct, shall be a defense
to the action or create a presumption that the claimant has not met the applicable standard of
conduct.

          (c) The right to indemnification and the payment of expenses incurred in defending a
proceeding in advance of its final disposition conferred in this Article shall not be exclusive of
any other right which any person may have or hereafter acquire under any statute, provision of
these Articles of Incorporation (as it may be amended), the By-laws, agreement, vote of
shareholders or disinterested directors or otherwise.

          (d) The Corporation may maintain insurance, at its expense, to protect itself and any
director, officer, employee or agent of the Corporation or another corporation, partnership, joint
venture, trust or other enterprise against any such expense, liability or loss, whether or not the
Corporation would have the power to indemnify such person against such expense, liability or loss
under the Act.

          (e) Any amendment, repeal or modification of this Article Seventh shall not adversely affect
any right or protection of a director of the Corporation existing hereunder with respect to any act
or omission occurring prior to such amendment, repeal or modification.

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ARTICLE VIII — MEETINGS OF THE SHAREHOLDERS

     Any action required or permitted by the shareholders of the Corporation may be taken without a
meeting, without prior notice, and without a vote, if a consent or consents in writing, setting
forth the action so taken, shall be signed by the holders of outstanding stock having not less than
the minimum number of votes that would be necessary to authorize or take such action at a meeting
at which all shares entitled to vote thereon were present and voted.

ARTICLE IX — BYLAWS AMENDMENT

     In furtherance and not in limitation of the powers conferred upon it by the laws of the State
of Florida, the Board shall have the power to adopt, amend, alter or repeal the Corporation’s
By-laws. The affirmative vote of at least a majority of the entire Board shall be required to
adopt, amend, alter or repeal the Corporation’s By-laws.

ARTICLE X — AMENDMENTS

     The Corporation reserves the right at any time and from time to time to amend, alter, change
or repeal any provision contained in these Articles of Incorporation and any other provisions
authorized by the laws of the State of Florida at the time in force may be added or inserted, in
the manner now or hereafter prescribed by statute and these Articles of Incorporation, and all
rights, preferences and privileges conferred upon shareholders, directors or any other persons by
and pursuant to these Articles of Incorporation are granted subject to this reservation. No
amendment or repeal of these Articles of Incorporation shall be made unless the same is first
approved by the Board pursuant to a resolution adopted by the Board in accordance with Section
607.1003 of the Act, and, except as otherwise provided by law, thereafter approved by the
shareholders. Whenever any vote of the holders of voting stock is required, and in addition to any
other vote of holders of voting stock that is required by these Articles of Incorporation or by
law, the affirmative vote of a majority of the total votes eligible to be cast by holders of voting
stock with respect to such amendment or repeal, voting together as a single class, at a duly
constituted meeting of shareholders called expressly for such purpose shall be required to amend or
repeal any provisions of these Articles of Incorporation .

ARTICLE XI — INCORPORATOR

     The name of the Incorporator is Brian Heller, and the address of the Incorporator is 4400
Biscayne Blvd., 12th Floor, Miami, FL 33137.

     IN WITNESS WHEREOF, the undersigned, being the Incorporator named above, for the purpose of
forming a corporation pursuant to the Florida Business Corporation Act of the State of Florida has
signed these Articles of Incorporation this 11th day of December, 2009.

	 	 	 	 	 
	 	 	 
	 	By:  	     /s/ Brian Heller
 	 
	 	 	Brian Heller, Incorporator 	 
	 	 	 	 
	 

5exv4w3

EXHIBIT 4.3

SPECIMEN COMMON STOCK CERTIFICATE

	 	 	 	 	 
	 	 	 	 	 
	NUMBER: CB
	 	
	 	SHARES
	INCORPORATED UNDER THE LAWS	 	 	 	 
	OF THE STATE OF FLORIDA
	 	CASTLE BRANDS
	 	CUSIP 148435 10 0
	 
	 	 	 	SEE REVERSE FOR CERTAIN DEFINITIONS
	 
	 	CASTLE BRANDS INC.	 	 

THIS CERTIFIES THAT                                          IS THE OWNER OF                       
                FULLY PAID AND
NON-ASSESSABLE SHARES OF THE COMMON STOCK, PAR VALUE $.01 PER SHARE, OF CASTLE BRANDS INC.
transferable on the books of the Corporation by the holder hereof in person or by duly authorized
attorney upon surrender of this certificate properly endorsed. This certificate is not valid until
countersigned and registered by the Transfer Agent and Registrar.

     WITNESS the facsimile signatures of its duly authorized officers.

Dated:

	 	 	 	 	 	 	 
	 

	 	 	 	 	 	 
	Secretary

	 	 
	 	Chairman of the Board
	 	 

CASTLE BRANDS INC.

CORPORATE SEAL

2009

Florida

Countersigned and Registered   

CONTINENTAL STOCK TRANSFER & TRUST COMPANY

(JERSEY CITY, NJ)

Transfer Agent and Registrar

Authorized Officer

 

 

     The Corporation will furnish without charge to each stockholder who so request
a statement of the powers, designations, preferences and relative, participating, optional or other
special rights of each class of stock or series thereof and the qualifications, limitations or
restrictions of such preferences and/or rights.

     The following abbreviations, when used in the inscription on the face of this certificate,
shall be construed as though they were written out in full according to applicable laws or
regulations:

     TEN COM — as tenants in common

     TEN ENT — as tenants by the entireties

     JT TEN — as joint tenants with right of survivorship and not as tenants in common

	 	 	 	 	 	 	 	 	 
	UNIF GIFT MIN ACT -

	 	 

	 	Custodian
	 	 

	 	 
	 

	 	(Cust)
	 	 	 	(Minor)	 	 

	 	 	 	 	 
	under Uniform Gifts to Minors Act

	 	 

	 	 
	 

	 	(State)	 	 

     Additional Abbreviations may also be used though not in the above list.

  For value received,                      hereby sell, assign and transfer unto

PLEASE INSERT SOCIAL SECURITY OR OTHER

IDENTIFYING NUMBER OF ASSIGNEE

 

 

PLEASE PRINT OR TYPEWRITE NAME AND ADDRESS INCLUDING POSTAL ZIP CODE OF ASSIGNEE
 

 

 

	 	 	 
	 

	 	Shares
	 
	 	 

	 	 	 
	represented by the within Certificate, and do hereby irrevocably constitute and appoint

	 	 

Attorney to transfer the said shares on the books of the within-named Corporation with full power
of substitution in the premises.

			
	 	 	 
	Dated,	 	 
	 	 	 
	 

	 	 

 

 

	 	 	 
	NOTICE:

	 	The signature to this assignment must correspond with the name as
written upon the face of the certificate, in every particular,
without alteration or enlargement, or any change whatever.

Signature(s) Guaranteed:

 

THE SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS,
STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH MEMBERSHIP IN AN APPROVED
SIGNATURE GUARANTEE MEDALLION PROGRAM) PURSUANT TO S.E.C. RULE 17Ad-15.

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