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<br />8. Manner of Ading. <br /> <br />9. Decisions in writing. <br /> <br />10. Conference telephone participation. <br /> <br />11. Newly created Directorships must be filled by <br />Shareholders. <br /> <br />12.Removal of Directors by shareholders voted. <br /> <br />n.Resignation ofa DireCtOr. <br /> <br />14. Compensation. <br /> <br />PAGE FOUR <br /> <br />The ~ or tbc m:UorUy of lhc Dirotlors pn:scat at a <br />IUCCliRI: OIl whicb a qaoram is pn:scat sbaIl be dlc acl or lbc <br />Directors. <br /> <br />9. INFORMAL ACI'lON BY DIRECfORS. <br />A1.ry ac;tion (cquiccd or pcnniltcd to be: taken b)' Ule <br />Board of DircdOrs or by a COIIlIDiUa: lhcrcof;al a wcctias wa)' <br />be aakco wilkout a IllWiqg if a COPSCIIl iA wriWIC. sdIiDc fonh <br />lhc action so taken. shan be signal by aU oftllc DiJa:loIS QIII8l1 <br />of lift: conunitu:c: n\CRlbcrS culitlcd to \'OtC with n::spa:t to \he <br />subject malIer tbacof. <br /> <br />10. PARTICD'AnON BY ELECTRONIC MEANS. <br />Any lIlCIRbCt" of Ibc BoaRI of Din:clorS 01" any <br />~c:c <<sipfcd b}' such Board may piIIticipaIc in a <br />mcd.i.ag of the Board of DiKclors or awnniw-.e by JJJC3J1$ of <br />tdcp~ c;oai:R:acc 01' similar comnlUDicatioos cquipmcul ~. <br />'which all pmoas p;u1ic:ipaliog in Ihc mcctiug can bear each <br />other at Ibc same lnne. Such p;utici:paliOll sball amstil11\C <br />prc:scnce in person at the mccting. <br /> <br />11. NEWLY CUATED DlRECIORSUlPS AND <br />VACANCIES-. <br />Nemy created dilttlorships 1CSOltiD& IiOIIl aD iaaCaSe <br />in \lIe numbcc of Din:clOtS sbalI be filled by a VOle of Ule <br />stockboldcrs. Vac:aocics OCQUring in the Board (or any reason <br />c.-.:<:cpt the (ooaovaI or Din:clors by the ~ may be <br />filled. by a ....ole of t\ majority or tbe Dm:ctofs lhtn in office, <br />allhoogh Jess than a quorum c:xisls. Var~"v-i.'<. occurring by <br />n:3SOD of lhe rc:nMJ\'iI.l of DinX:lorS by abe stoc:kbofdl'R sball be <br />filled by ''Ole of tltC stockholders. A DiJtClOI' cIccItd lO fill a <br />''3C3IlC)' c;:wscd by resignation, death or rcn\O\'<II sb:ill be <br />clcd.Cd to bold office for Ole UIIC).-Pil'Cd term of tht Dircc\or's <br />Plcdcccssot. <br /> <br />12. REl\10VALOF DIRECTORS. <br />Iwy Of" aU of lbe Din:clolS luay be n:mO\'Cd for cause <br />by \'Gte of the stockbo\dcfs. <br /> <br />13. KESlGNA'nON. <br />A Ditl:ctor Ulaf resign ;at any time by gi\iog 'Written <br />notice to Ill<: Boatd. lhe Pr:cside8l or Uac: Scadan' of the <br />Corporation. Unless Olhcfwig: spcciftcd in the notice, the <br />l'CSiglWiou shallt. clfcct upon rcccipllhcrcof by lhc Boord <br />or such officer. and the au:cplaucc of UIc r~iou slIaU nol <br />be nccessmy 10 make it cUCC\.il'C. <br /> <br />H. COMPENSA110N. <br />No compcusation shaD be paid to Dircdors, as such <br />for lhcir $en'ices. but by rcsulution of lbc Bo3.nl a fixed sun <br />and. c.xpcmcs for actual aUcGdancc at cacll tqUlar Qr 5})eCia <br />lncc:tio& of IIIC board may be autbori7.Cd. Such :uDOUlltlDay bl <br />dcstgUalcd as :1 ""per elie"," in lieu of ilco1iz,;Wop of c:.:pcnSl:.'i <br />TIte stock"~rs. or if not sd. by Ihe sIoek~ the Boon <br />sJ13l1 set the ..~ diclU." Nothi..g bcrciu amI:lincd shallb <br />construed to preclude allY Director from seniDg tll <br />COlpOtafiou in auy other capaalY and n:cciviug COOlpr:qs:lUOl <br />tbcrclor. <br />