SEC Filing Document

Company: BIOVENTRIX, INC.
Ticker: 
CIK: 1283259
Filing Type: DRS
Document Type: EX-3.5
Date Filed: 2025-08-05
Accession Number: 0001641172-25-022123
Exchange: 
SIC Code: 3841
SIC Description: Surgical & Medical Instruments & Apparatus
URL: https://www.sec.gov/Archives/edgar/data/1283259/000164117225022123/filename5.htm

Chunk 6 of 13
Word Count: 1485
Character Count: 8890

Document Content:

(a) approve, recommend to stockholders or propose to stockholders actions required by the DGCL to be approved by stockholders, (b) fill vacancies on the Board of Directors or any committee thereof, (c) adopt, amend, or repeal these Bylaws, or (d) authorize or approve the reacquisition of shares unless pursuant to a general formula or method, within limits, prescribed by the Board. Section 5.3. Alternate Members. The Board may designate one or more directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of such committee. In the absence or disqualification of a member of the committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not he, she or they constitute a quorum, may unanimously appoint another member of the Board to act at the meeting in place of any such absent or disqualified member.

Section 5.4.
Procedures. Unless the Board otherwise provides, the time, date, place, if any, and notice of meetings of a committee shall be determined
by such committee. At meetings of a committee, a majority of the number of members of the committee (but not including any alternate
member, unless such alternate member has replaced any absent or disqualified member at the time of, or in connection with, such meeting)
shall constitute a quorum for the transaction of business. The act of a majority of the members present at any meeting at which a quorum
is present shall be the act of the committee, except as otherwise specifically provided by applicable law, the Certificate of Incorporation,
these Bylaws or the Board. If a quorum is not present at a meeting of a committee, the members present may adjourn the meeting from time
to time, without notice other than an announcement at the meeting, until a quorum is present. Unless the Board otherwise provides and
except as provided in these Bylaws, each committee designated by the Board may make, alter, amend and repeal rules for the conduct of
its business. In the absence of such rules each committee shall conduct its business in the same manner as the Board is authorized to
conduct its business pursuant to Article III and Article IV of these Bylaws.

ARTICLE

OFFICERS

Section 6.1.
Officers. The officers of the Corporation elected by the Board shall include a Chief Executive Officer, a Treasurer, and a Secretary.
The officers of the Corporation may include such other officers and agents (including interim officers) with such titles as the Board
may prescribe, including, without limitation, a President (who may also be the Chief Executive Officer), a Chief Financial Officer, one
or more Vice Presidents (any one or more of which may be designated Senior Executive Vice President, Executive Vice President, or Senior
Vice President), Assistant Vice Presidents, Assistant Secretaries and Assistant Treasurers. Officers elected by the Board shall each
have such powers and duties as generally pertain to their respective offices, subject to the specific provisions of this Article VI.
Such officers shall also have such powers and duties as from time to time may be conferred by the Board. Subject to the requirements
of applicable law, rule or regulation, the Chief Executive Officer or President may also appoint such other officers (including without
limitation one or more Vice Presidents and Controllers) as may be necessary or desirable for the conduct of the business of the Corporation.
Such other officers shall have such powers and duties and shall hold their offices for such terms as may be provided in these Bylaws
or as may be prescribed by the Board or, if such officer has been appointed by the Chief Executive Officer or President, as may be prescribed
by the appointing officer.

(a) Chairman
of the Board. The Chairman of the Board shall preside when present at all meetings of the stockholders and the Board. The Chairman
of the Board shall generally supervise the activities of the Corporation’s officers subject to the ultimate authority of the Board,
and shall be responsible for the execution of the policies of the Board with respect to such matters. In the absence (or inability or
refusal to act) of the Chairman of the Board, the Chief Executive Officer (if he or she shall be a director) shall preside when present
at all meetings of the stockholders and the Board. The powers and duties of the Chairman of the Board shall not include supervision or
control of the preparation of the financial statements of the Corporation (other than through participation as a member of the Board).
The position of Chairman of the Board and Chief Executive Officer may be held by the same person. The Board may also designate the Chairman
of the Board as the “Executive Chairman” and designate the roles and responsibilities of the Executive Chairman.

(b) Chief
Executive Officer. The Chief Executive Officer shall be the principal executive officer of the Corporation, shall have general supervision
of the affairs of the Corporation and general control of all of its business subject to the ultimate authority of the Board, and shall
be responsible for the execution of the policies of the Board with respect to such matters, except to the extent any such powers and
duties have been prescribed to the Chairman of the Board pursuant to Section 6.1(a) above. In the absence (or inability
or refusal to act) of the Chairman of the Board, the Chief Executive Officer (if he or she shall be a director) shall preside when present
at all meetings of the stockholders and the Board. The position of Chief Executive Officer and President may be held by the same person.
If there shall be Co-Chief Executive Officers of the Corporation as designated by the Board, then such individuals shall exercise such
rights and powers attendant to the office of Chief Executive Officer as may be designated by the Board.

(c) President.
The President, if such office shall be filled, shall make recommendations to the Chief Executive Officer on all operational matters that
would normally be reserved for the final executive responsibility of the Chief Executive Officer. In the absence (or inability or refusal
to act) of the Chairman of the Board and a Chief Executive Officer, the President (if he or she shall be a director) shall preside when
present at all meetings of the stockholders and the Board. The President shall also perform such duties and have such powers as shall
be designated by the Board. The position of President and Chief Executive Officer may be held by the same person. If the office of Chief
Executive Officer shall be vacant and the office of President filled, the President shall be the principal executive officer of the Corporation
with the authority provided for in these Bylaws.

(d) Vice
Presidents. In the absence (or inability or refusal to act) of the President, the Vice President (or in the event there be more than
one Vice President, the Vice Presidents in the order designated by the Board) shall perform the duties and have the powers of the President.
Any one or more of the Vice Presidents may be given an additional designation of rank or function.

(e) Secretary.

The Secretary shall attend all meetings of the stockholders, the Board and (as required) committees of the Board and shall record the
proceedings of such meetings in books to be kept for that purpose. The Secretary shall give, or cause to be given, notice of all meetings
of the stockholders and special meetings of the Board and shall perform such other duties as may be prescribed by the Board, the Chairman
of the Board, any Chief Executive Officer or President. The Secretary shall have custody of the corporate seal of the Corporation and
the Secretary, or any Assistant Secretary, shall have authority to affix the same to any instrument requiring it, and when so affixed,
it may be attested by his or her signature or by the signature of such Assistant Secretary. The Board may give general authority to any
other officer to affix the seal of the Corporation and to attest the affixing thereof by his or her signature.

The Secretary shall keep, or cause to be kept, at the principal executive office of the Corporation or at the office of the Corporation’s
transfer agent or registrar, if one has been appointed, a stock ledger, or duplicate stock ledger, showing the names of the stockholders
and their addresses, the number and classes of shares held by each and, with respect to certificated shares, the number and date of certificates
issued for the same and the number and date of certificates cancelled.

(f) Assistant
Secretaries. The Assistant Secretary or, if there be more than one, the Assistant Secretaries in the order determined by the Board
shall, in the absence (or inability or refusal to act) of the Secretary, perform the duties and have the powers of the Secretary.