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Title: |
Bylaws |
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Entities: |
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Date: |
2005 |
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Size: |
54KB total |
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Price: |
$34 |
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ID: |
#1872857 |
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Start of Preview |
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BYLAWS
for the regulation, except as
otherwise provided by statute or
the Articles of Incorporation, of
WLPC INC.
a California corporation
TABLE OF CONTENTS
| ARTICLE I. GENERAL PROVISIONS | ||||
| Section |
Title |
Page | ||
| 1.01 |
Principal Executive Office |
1 | ||
| 1.02 |
Number of Directors |
1 | ||
| ARTICLE II. SHARES AND SHAREHOLDERS | ||||
| 2.01 |
Meetings of Shareholders |
1 | ||
|
(a) Place of Meetings |
1 | |||
|
(b) Annual Meetings |
1 | |||
|
(c) Special Meetings |
1 | |||
|
(d) Notice of Meetings |
2 | |||
|
(e) Adjourned Meeting and Notice Thereof |
2 | |||
|
(f) Waiver of Notice |
3 | |||
|
(g) Quorum |
3 | |||
| 2.02 |
Action Without a Meeting |
3 | ||
| 2.03 |
Voting of Shares |
4 | ||
|
(a) In General |
4 | |||
|
(b) Cumulative Voting |
4 | |||
|
(c) Election by Ballot |
4 | |||
| 2.04 |
Proxies |
4 | ||
| 2.05 |
Inspectors of Election |
5 | ||
|
(a) Appointment |
5 | |||
|
(b) Duties |
5 | |||
| 2.06 |
Record Date |
6 | ||
| 2.07 |
Share Certificates |
6 | ||
|
(a) In General |
6 | |||
|
(b) Two or More Classes or Series |
7 | |||
|
(c) Special Restrictions |
7 | |||
| 2.08 |
Transfer of Certificates |
8 | ||
| 2.09 |
Lost Certificates |
8 | ||
- i -
| Section |
Title |
Page | ||
| ARTICLE III. DIRECTORS | ||||
| 3.01 |
Powers |
8 | ||
| 3.02 |
Committees of the Board |
8 | ||
| 3.03 |
Election and Term of Office |
9 | ||
| 3.04 |
Vacancies |
9 | ||
| 3.05 |
Removal |
10 | ||
| 3.06 |
Resignation |
10 | ||
| 3.07 |
Meetings of the Board of Directors |
10 | ||
|
(a) Regular Meetings |
10 | |||
|
(b) Organization Meeting |
10 | |||
|
(c) Special Meetings |
10 | |||
|
(d) Notice of Adjournment |
11 | |||
|
(e) Place of Meeting |
11 | |||
|
(f) Presence by Conference Telephone Call |
11 | |||
|
(g) Quorum |
11 | |||
|
(h) Waiver of Notice |
11 | |||
| 3.08 |
Action Without Meeting |
11 | ||
| ARTICLE IV. OFFICERS | ||||
| 4.01 |
Officers |
12 | ||
| 4.02 |
Elections |
12 | ||
| 4.03 |
Other Officers |
12 | ||
| 4.04 |
Removal |
12 | ||
| 4.05 |
Resignation |
12 | ||
| 4.06 |
Vacancies |
12 | ||
| 4.07 |
Chairman of the Board |
12 | ||
| 4.08 |
President |
13 | ||
| 4.09 |
Vice President |
13 | ||
| 4.10 |
Secretary |
13 | ||
| 4.11 |
Chief Financial Officer |
13 | ||
| 4.12 |
Treasurer |
14 | ||
| ARTICLE V. MISCELLANEOUS | ||||
| 5.01 |
Records and Reports |
14 | ||
|
(a) Books of Account and Proceedings |
14 | |||
|
(b) Annual Report |
14 | |||
|
(c) Shareholders Requests for Financial Reports |
15 | |||
| 5.02 |
Rights of Inspection |
15 | ||
- ii -
| Section |
Title |
Page | ||
|
(a) By Shareholders |
15 | |||
|
(1) Record of Shareholders |
15 | |||
|
(2) Corporate Records |
16 | |||
|
(3) Bylaws |
16 | |||
|
(b) By Directors |
16 | |||
| 5.03 |
Checks, Drafts, Etc. |
16 | ||
| 5.04 |
Authority to Execute Contracts |
16 | ||
| 5.05 |
Representation of Shares of Other Corporations |
16 | ||
| 5.06 |
Indemnification and Insurance |
17 | ||
| 5.07 |
Employee Stock Purchase Plans |
19 | ||
| 5.08 |
Construction and Definitions |
19 | ||
| ARTICLE VI. AMENDMENTS | ||||
| 6.01 |
Power of Shareholders |
20 | ||
| 6.02 |
Power of Directors |
20 | ||
- iii -
BYLAWS
for the regulation, except as otherwise provided by statute or the Articles of Incorporation,
of
WLPC Inc.
Article I. General Provisions.
Section 1.01 Principal Executive Office, The principal executive office of the corporation shall be located at 17991 Mitchell South, Irvine, California 92714-6095. The Board of Directors shall have the power to change the principal office to another location and may fix and locate one or more subsidiary offices within or without the State of California.
Section 1.02 Number of Directors. The affairs of the corporation shall be managed by a Board of Directors consisting of not less than three nor more than five directors. The exact number of directors within the limits specified shall be set, and may be changed from time to time, by a resolution duly adopted by the Board of Directors or the shareholders. The limits may be changed, or a single number fixed without provision for variation, by an amendment to these bylaws duly adopted by the vote or written consent of a majority of the outstanding shares entitled to vote; provided, however, that a bylaw reducing the minimum number of directors to a number less than five cannot be adopted if the votes cast against its adoption at a meeting or the shares not consenting in the case of action by written consent are equal to more than 16-2/3 percent of the outstanding shares entitled to vote. No amendment may change the stated maximum number of authorized directors to a number greater than two times the stated minimum number of directors minus one.
Article II. Shares and Shareholders.
Section 2.01 Meetings of Shareholders.
(a) Place of Meetings. Meetings of shareholders shall be held at any place within or without the State of California designated by the Board of Directors. In the absence of any such designation, shareholders meetings shall be held at the principal executive office of the corporation.
(b) Annual Meetings. An annual meeting of the shareholders of the corporation shall be held on the First Tuesday of April of each year at 10:00 a.m. or at such other date and time as may be designated by the Board of Directors, in no case more than 15 months after the organization of the corporation or after its last annual meeting, in accordance with Section 600 of the California General Corporation Law. Should said day fall upon a legal holiday, the annual meeting of shareholders shall be held at the same time on the next day thereafter ensuing which is a full business day. At each annual meeting directors shall be elected, and any other proper business may be transacted.
(c) Special Meetings. Special meetings of the shareholders may be called by the Board of Directors, the chairman of the board, the president, or by the holders of shares entitled to cast not less than 10% of the votes at the meeting. Upon request in writing to the chairman of the board, the president, any vice president or the secretary by
any person (other than the board) entitled to call a special meeting of shareholders, the officer forthwith shall cause notice to be given to the shareholders entitled to vote that a meeting will be held at a time requested by the person or persons calling the meeting, not less than 35 nor more than 60 days after the receipt of the request. If the notice is not given within 20 days after receipt of the request, the persons entitled to call the meeting may give the notice.
(d) Notice of Meetings. Notice of any shareholders meeting shall be given not less than 10 (or, if sent by third-class mail, 30) nor more than 60 days before the date of the meeting to each shareholder entitled to vote thereat. Such notice shall state the place, date and hour of the meeting and (i) in the case of a special meeting, the general nature of the business to be transacted, and no other business may be transacted, or (ii) in the case of the annual meeting, those matters which the Board, at the time of the giving of the notice, intends to present for action by the shareholders. The notice of any meeting at which directors are to be elected shall include the names of nominees intended at the time of the notice to be presented by management for election.
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