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Title:

Bylaws

Entities:

Arrow International, Inc.

Date:

2004

Size:

Preview shows 12KB of 62KB total

Price:

$40

ID:

#380813

 

 

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                                     BY-LAWS

OF
ARROW INTERNATIONAL, INC.
A PENNSYLVANIA CORPORATION

(AS AMENDED THROUGH OCTOBER 27, 2004)


{PAGE}

BY-LAWS OF
ARROW INTERNATIONAL, INC.
(As Amended Through October 27, 2004)

ARTICLE I - OFFICES

1.1. REGISTERED OFFICE. The registered office of the corporation
shall be at 3000 Bernville Road, Reading, Pennsylvania 19612.

1.2. OTHER OFFICES. The corporation may also have offices at such
other places as the Board of Directors may from time to time appoint or the
business of the corporation may require.

ARTICLE II - SEAL

2.1. SEAL. The corporate seal shall have inscribed thereon the name
of the corporation, the year of its organization and the words "Corporate Seal,
Pennsylvania."

ARTICLE III - SHAREHOLDERS' MEETINGS

3.1. PLACE OF MEETINGS. Meetings of the shareholders shall be held at
the office of the corporation at 3000 Bernville Road, Reading, Pennsylvania
19612, or at such other place or places, either within or without the
Commonwealth of Pennsylvania, as the Board of Directors may designate from time
to time.

3.2. ANNUAL MEETINGS. The annual meeting of the shareholders shall be
held each year on such day and at such time as the Board of Directors may
designate, or, if not so designated, on the first Monday of February in each
year if not a legal holiday, and if a legal holiday, then on the first following
business day which is not a legal holiday, at 10:00 A.M. At such annual meeting,
the shareholders shall elect a Board of Directors and transact such other
business as may properly be brought before the meeting. If the annual meeting
shall not be called and held within six months after the designated time, any
shareholder may call such meeting at any time thereafter.

3.3. SPECIAL MEETINGS. Special meetings of the shareholders may be
called at any time by the Chairman of the Board or the Board of Directors. The
shareholders shall not be entitled to call a special meeting of the
shareholders, except when such right is expressly granted by statute and not
permitted to be modified by the Articles of Incorporation and these By-laws. At
any time, upon written request of any person or persons who have duly called a
special meeting, it shall be the duty of the Secretary to fix the date and time
of the meeting which, if the meeting is called pursuant to a statutory right,
shall be held not more than sixty days after the receipt of the request, and to
give due notice thereof. If the Secretary shall neglect or refuse to fix the
date of the meeting and give notice thereof, the person or persons calling the
meeting may do so. Business transacted at all special meetings shall be confined
to the objects stated in the call and matters germane thereto, unless all
shareholders entitled to vote are present and consent.

3.4. NOTICE. Written notice of any annual or special meeting of
shareholders, stating the time and place, and in the case of a special meeting
the general nature of the business to be transacted, shall be given to each
shareholder entitled to vote thereat at least ten days prior to the meeting,
unless a greater period of notice is required by statute in a particular case.

3.5. QUORUM. The presence, in person or by proxy, of shareholders
entitled to cast at least a majority of the votes which all shareholders are
entitled to cast on the particular matter shall constitute a quorum for the
purpose of considering and acting upon such matter. The shareholders present at
a duly organized meeting can continue to do business until adjournment,
notwithstanding the withdrawal of enough shareholders to leave less than a
quorum.

{PAGE}

Adjournment or adjournments of any annual or special meeting may be taken, but
any meeting at which directors are to be elected shall be adjourned only from
day to day, or for such longer periods not exceeding fifteen days each as may be
directed by shareholders who are present in person or by proxy and who are
entitled to cast at least a majority of the votes which all such shareholders
would be entitled to cast at an election of directors, until such directors have
been elected; provided, however, that if the corporation is a "registered
corporation" as defined in ss.2502 of the Pennsylvania Business Corporation Law,
any annual or special meeting of the shareholders, including one at which
directors are to be elected, may be adjourned for such period as the
shareholders present and entitled to vote shall direct. If a meeting cannot be
organized because a quorum has not attended, those present may, except as
otherwise provided by statute, adjourn the meeting to such time and place as
they may determine, but in the case of any meeting called for the election of
directors, those who attend the second of such adjourned meetings, although less
than a quorum, shall nevertheless constitute a quorum for the purpose of
electing directors.

3.6 VOTING. Except as otherwise provided herein with respect to the
election of directors, or as otherwise provided by statute, whenever any
corporate action is to be taken by vote of the shareholders of the corporation,
it shall be authorized upon receiving the affirmative vote of a majority of the
votes cast by all shareholders entitled to vote thereon and if any shareholders
are entitled to vote thereon as a class, upon receiving the affirmative vote of
a majority of the votes cast by the shareholders entitled to vote as a class. In
elections for directors, voting need not be by ballot unless required by vote of
the shareholders before the voting for election of directors begins, and the
candidates for director receiving the highest number of votes from each class or
group of classes, if any, entitled to elect directors separately up to the
number of directors to be elected by the class or group of classes shall be
elected.

3.7 PROCEDURES. At each meeting of shareholders, the Chairman of the
Board, or in his absence or inability to act, such other person as the Board of
Directors may have designated, shall call to order and act as the presiding
officer of the meeting. The Secretary or, in his absence or inability to act,
the person whom the presiding officer of the meeting shall appoint secretary of
the meeting shall act as secretary of the meeting and keep the minutes thereof.
The order of business, the procedure and rules of conduct at all meetings of the
shareholders shall be as determined by the presiding officer of the meeting,
unless otherwise prescribed by these By-laws or by law or regulation. No share
shall be voted at the meeting upon which any installment is due and unpaid.
Shareholders shall not be permitted to participate in any meeting of the
shareholders by means of conference telephone or similar communicating equipment
by means of which all persons participating in the meeting can hear each other.

3.8. PROXIES. Every shareholder entitled to vote at a meeting of
shareholders may authorize another person or persons to act for him by proxy.
Every proxy shall be executed or authenticated by the shareholder, or by his
duly authorized attorney-in-fact, and filed with or transmitted to the Secretary
of the corporation or his designated agent. A shareholder or his duly authorized
attorney-in-fact may execute or authenticate a writing or transmit an electronic
message authorizing another person to act for him by proxy. A proxy which is a
telegram, telex, cablegram, datagram, email, Internet communication or other
means of electronic transmission from a shareholder or attorney-in-fact, or a
photographic, facsimile or similar reproduction of a writing executed by a
shareholder or attorney-in-fact may be treated as properly executed or
authenticated for purposes of this Section 3.8 and shall be so treated if such
proxy sets forth or utilizes a confidential and unique identification number or
other mark furnished by the

{PAGE}

corporation to the shareholder for the purposes of a particular meeting or
transaction. A proxy, unless coupled with an interest, shall be revocable at
will, notwithstanding any other agreement or any provision in the proxy to the
contrary, but the revocation of a proxy shall not be effective until notice
thereof has been given to the Secretary of the corporation or its designated
agent in writing or by electronic transmission. An unrevoked proxy shall not be
valid after three years from the date of its execution, authentification or
transmission unless a longer time is expressly provided therein. A proxy shall
not be revoked by the death or incapacity of the maker unless, before the vote
is counted or the authority is exercised, written notice of such death or
incapacity is given to the Secretary of the corporation or its designated agent.
A shareholder shall not sell his vote or execute a proxy to any person for any
sum of money or anything of value. A proxy coupled with an interest shall
include an unrevoked proxy in favor of a creditor of a shareholder and such
proxy shall be valid so long as the debt owed by him to the creditor remains
unpaid.

3.9. JUDGES OF ELECTION. In advance of any meeting of shareholders,
the Board of Directors may appoint judges of election, who need not be
shareholders, to act at such meeting or any adjournment thereof. If judges of
election are not so appointed, the presiding officer of any such meeting may,
and on the request of any shareholder or his proxy shall, make such appointment
at the meeting. The number of judges shall be one or three. If appointed at a
meeting on the request of one or more shareholders or proxies, the majority of
shares present and entitled to vote shall determine whether one or three judges
are to be appointed. In case any person appointed as a judge fails to appear or
fails or refuses to act, the vacancy may be filled by appointment made by the
Board of Directors in advance of the convening of the meeting or at the meeting
by the presiding officer of such meeting. The judges of election shall determine
the number of shares outstanding and the voting power of each, the shares
represented at the meeting, the existence of a quorum and the authenticity,
validity and effect of proxies, receive votes or ballots, hear and determine all
challenges and questions in any way arising in connection with the right to
vote, count and tabulate all votes, determine the result and do such acts as may
be proper to conduct the election or vote with fairness to all shareholders. If
there are three judges of election, the decision, act or certificate of a
majority shall be effective in all respects as the decision, act or certificate
of all. On request of the presiding officer of the meeting, or of any
shareholder or his proxy, the judges shall make a report in writing of any
challenge or question or matter determined by them, and execute a certificate of
any fact found by them. No person who is a candidate for office shall act as a
judge.

 

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