EX-3.102 11 file007.htm BY-LAWS OF CMC ELECTRONICS INC.


                                                                   Exhibit 3.102

                              CMC ELECTRONICS, INC.

                                   (Delaware)

                                     BY-LAWS
                                     -------

                                   ARTICLE ONE

                                  STOCKHOLDERS

     SECTION 1.1. Annual Meetings. An annual meeting of stockholders to elect
directors and transact such other business as may properly be presented to the
meeting shall be held at such place as the Board of Directors may from time to
time fix, at 10:00 A.M. on the first day of September in each year or, if that
day shall be a legal holiday in the jurisdiction in which the meeting is to be
held, then on the next day not a legal holiday.

     SECTION 1.2. Special Meetings. A special meeting of stockholders may be
called at any time by the Board of Directors, the Executive Committee, if any,
or the President and shall be called by any of them or by the Secretary upon
receipt of a written request to do so specifying the matter or matters
appropriate for action at such a meeting which are proposed to be presented at
the meeting, signed by holders of record of a majority of the shares of stock
which would be entitled to be voted on such matter or matters if the meeting
were held on the day such request is received and the record date for such
meeting were the close of business on the preceding day. Any such meeting shall
be held at such time and at such place, within or without the State of Delaware,
as shall be determined by the body or person calling such meeting and as shall
be stated in the notice of such meeting.

     SECTION 1.3. Notice of Meeting. For each meeting of stockholders written
notice shall be given stating the place, date and hour and, in the case of a
special meeting, the purpose or purposes for which the meeting is called and, if
the list of stockholders required by Section 1.9 is not to be at such place at
least 10 days prior to the meeting, the place where such list will be. Except as
otherwise provided by Delaware law, the written notice of any meeting shall be
given not less than 10 or more than 60 days before the date of the meeting to
each stockholder entitled to vote at such meeting. If mailed, notice shall be
deemed to be given when deposited in the United States mail, postage prepaid,
directed to the stockholder at his address as it appears on the records of the
Corporation.

     SECTION 1.4. Quorum. Except as otherwise required by law or the Certificate
of Incorporation, the holders of record of a majority of the shares of stock
entitled to be voted present in person or represented by proxy at a meeting
shall constitute a quorum for the transaction of business at the meeting, but in
the absence of a quorum the holders of record present or represented by proxy at
such meeting may vote to adjourn the meeting from time to tine, without notice
other than announcement at the meeting, until a quorum is obtained. At any such
adjourned session of the meeting at which there shall be present or represented
the holders of record of the requisite number of shares, any business may be
transacted that might have been transacted at the meeting as originally called.



     SECTION 1.5. Chairman and Secretary at Meeting. At each meeting of
stockholders the President, or in his absence the person designated in writing
by the President, or if no person is so designated, then a person designated by
the Board of Directors, shall preside as chairman of the meeting; if no person
is so designated, then the meeting shall choose a chairman by plurality vote.
The Secretary, or in his absence a person designated by the chairman of the
meeting, shall act as secretary of the meeting.

     SECTION 1.6. Voting; Proxies. Except as otherwise provided by law or the
Certificate of Incorporation, and subject to the provisions of Section 1.10:

          (a) Each stockholder shall at every meeting of stockholders be
     entitled to one vote for each share of capital stock held by him.

          (b) Each stockholder entitled to vote at a meeting of stockholders or
     to express consent or dissent to corporate action in writing without a
     meeting may authorize another person or persons to act for him by proxy,
     but no such proxy shall be voted or acted upon after three years from its
     date, unless the proxy provides for a longer period.

          (c) Directors shall be elected by a plurality vote.

          (d) Each matter, other than election of directors, properly presented
     to any meeting shall be decided by a majority of the votes cast on the
     matter.

          (e) Election of directors and the vote on any other matter presented
     to a meeting shall be by written ballot only if so ordered by the chairmen
     of the meeting or if so requested by any stockholder present or represented
     by proxy at the meeting entitled to vote in such election or on such
     matter, as the case may be.

     SECTION 1.7. Adjourned Meetings. A meeting of stockholders may be adjourned
to another time or place as provided in Section 1.4 or 1.6(d). Unless the Board
of Directors fixes a new record date, stockholders of record for an adjourned
meeting shall be as originally determined for the meeting from which the
adjournment was taken. If the adjournment is for more than 30 days, or if after
the adjournment a new record date is fixed for the adjourned meeting, a notice
of the adjourned meeting shall be given to each stockholder of record entitled
to vote. At the adjourned meeting any business may be transacted that might have
been transacted at the meeting as originally called.

     SECTION 1.8. Consent of Stockholders in Lieu of Meeting. Any action that
may be taken at any annual or special meeting of stockholders may be taken
without a meeting, without prior notice and without a vote, if a consent 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. Notice of the taking of such
action shall be given promptly to each stockholder that would have been entitled
to vote thereon at a meeting of stockholders and that did not consent thereto in
writing.

     SECTION 1.9. List of Stockholder Entitled to Vote. At least 10 days before
every meeting of stockholders a complete list of the stockholders entitled to
vote at the meeting,


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arranged in alphabetical order and showing the address of each stockholder and
the number of shares registered in the name of each stockholder, shall be
prepared and shall be open to the examination of any stockholder for any purpose
germane to the meeting, during ordinary business hours, for a period of at least
10 days prior to the meeting, either at a place within the city where the
meeting is to be held, which place shall be specified in the notice of the
meeting, or, if not so specified, at the place where the meeting is to be held.
Such list shall be produced and kept at the time and place of the meeting during
the whole time thereof and may be inspected by any stockholder who is present.

     SECTION 1.10. Fixing of Record Date. In order that the Corporation may
determine the stockholders entitled to notice of or to vote at any meeting of
stockholders or any adjournment thereof, or to express consent to corporate
action in writing without a meeting, or entitled to receive payment of any
dividend or other distribution or allotment of any rights, or entitled to
exercise any rights in respect of any change, conversion or exchange of stock or
for the purpose of any other lawful action, the Board of Directors may fix, in
advance, a record date, which shall not be more than 60 or less than 10 days
before the date of such meeting, nor more than 60 days prior to any other
action. If no record date is fixed, the record date for determining stockholders
entitled to notice of or to vote at a meeting of stockholders shall be at the
close of business on the day next preceding the day on which notice is given,
or, if notice is waived, at the close of business on the day next preceding the
day on which the meeting is held; the record date for determining stockholders
entitled to express consent to corporate action in writing without a meeting,
when no prior action by the Board of Directors is necessary, shall be the day on
which the first written consent is expressed; and the record date for any other
purpose shall be at the close of business on the day on which the Board of
Directors adopts the resolution relating thereto.

                                  ARTICLE TWO
                                   DIRECTORS

     SECTION 2.1. Number; Term of Office; Qualifications; Vacancies. The number
of directors that shall constitute the whole Board of Directors shall be two or
such number as shall be determined by action of the Board of Directors taken by
the affirmative vote of a majority of the whole Board of Directors. Directors
shall be elected at the annual meeting of stockholders to hold office, subject
to Sections 2.2 and 2.3, until the next annual meeting of stockholders and until
their respective successors are elected and qualified. Vacancies and newly
created directorships resulting from any increase in the authorized number of
directors may be filled by a majority of the directors then in office, although
less than a quorum, or by the sole remaining director, and the directors so
chosen shall hold office, subject to Sections 2.2 and 2.3, until the next annual
meeting of stockholders and until their respective successors are elected and
qualified.

     SECTION 2.2. Resignation. Any director of the Corporation may resign at any
time by giving written notice of such resignation to the Board of Directors, the
President or the Secretary of the Corporation. Any such resignation shall take
effect at the time specified therein or, if no time be specified, upon receipt
thereof by the Board of Directors or one of the above-named officers; and,
unless specified therein, the acceptance of such resignation shall not be


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necessary to make it effective. When one or more directors shall resign from the
Board of Directors effective at a future date, a majority of the directors then
in office, including those who have so resigned, shall have power to fill such
vacancy or vacancies, the vote thereon to take effect when such resignation or
resignations shall become effective, and each director so chosen shall hold
office as provided in these By-Laws in the filling of other vacancies.

     SECTION 2.3. Removal. Any one or more directors may be removed, with or
without cause, by the vote or written consent of the holders of a majority of
the shares entitled to vote at an election of directors.

     SECTION 2.4. Regular and Annual Meetings; Notice. Regular meetings of the
Board of Directors shall be held at such time and at such place, within or
without the State of Delaware, as the Board of Directors may from time to time
prescribe. No notice need be given of any regular meeting, and a notice, it
given, need not specify the purposes thereof. A meeting of the Board of
Directors may be held without notice immediately after an annual meeting of
stockholders at the same place as that at which such meeting was held.

     SECTION 2.5. Special Meetings; Notice. A special meeting of the Board of
Directors may be called at any time by the Board of Directors, the Executive
Committee, if any, the President or any person acting in the place of the
President and shall be called by any one of them or by the Secretary upon
receipt of a written request to do so specifying the matter or matters,
appropriate for action at such a meeting, proposed to be presented at the
meeting and signed by at least two directors. Any such meeting shall be held at
such time and at such place, within or without the State of Delaware, as shall
be determined by the body or person calling such meeting. Notice of such meeting
stating the time and place thereof shall be given (a) by deposit of the notice
in the mail, first class, postage prepaid, at least two days before the day
fixed for the meeting addressed to each director at his address as it appears on
the Corporation's records or at such other address as the director nay have
furnished the Corporation for that purpose, or (b) by delivery of the notice
similarly addressed for dispatch by telegraph, cable or radio or by delivery of
the notice by telephone or in person, in each case at least 24 hours before the
time fixed for the meeting.

     SECTION 2.6. Presiding Officer and Secretary at Meetings. Each meeting of
the Board of Directors shall be presided over by the President, if a director,
or if he is not a director or is not present by such member of the Board of
Directors as shall be chosen by the meeting. The Secretary, or in his absence an
Assistant Secretary, shall act as secretary of the meeting, or if no such
officer is present, a secretary of the meeting shall be designated by the person
presiding over the meeting.

     SECTION 2.7. Quorum. A majority of the whole Board of Directors shall
constitute a quorum for the transaction of business, but in the absence of a
quorum a majority of those present (or if only one be present, then that one)
may adjourn the meeting, without notice other than announcement at the meeting,
until such time as a quorum is present. Except as otherwise required by the
Certificate of Incorporation or the By-Laws, the vote of the majority of the
directors present at a meeting at which a quorum is present shall be the act, of
the Board of Directors.


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     SECTION 2.8. Meeting by Telephone. Members of the Board of Directors or of
any committee thereof may participate in meetings of the Board of Directors or
of such Committee by means of conference telephone or similar communications
equipment by means of which all persons participating in the meeting can hear
each other, and such participation shall constitute presence in person at such
meeting.

     SECTION 2.9. Action Without Meeting. Unless otherwise restricted by the
Certificate of Incorporation, any action required or permitted to be taken at
any meeting of the Board of Directors or of any committee thereof may be taken
without a meeting if all members of the Board of Directors or of such committee,
as the case may be, consent thereto in writing and the writing or writings are
filed with the minutes of proceedings of the Board of Directors or of such
committee.

     SECTION 2.10. Executive and Other Committees. The Board of Directors may,
by resolution passed by a majority of the whole Board of Directors, designate an
Executive Committee and one or more other committees, each such committee to
consist of one or more directors as the Board of Directors may from time to time
determine. Any such committee, to the extent provided in such resolution or
resolutions, shall have and may exercise all the powers and authority of the
Board of Directors in the management of the business and affairs of the
Corporation, including the power to authorize the seal of the Corporation to be
affixed to all papers that may require it; but no such committee shall have such
power or authority in reference to amending the Certificate of Incorporation,
adopting an agreement of merger or consolidation, recommending to the
stockholders the sale, lease or exchange of all or substantially all of the
Corporation's property and assets, recommending to the stockholders a
dissolution of the Corporation or a revocation of a dissolution, or amending the
By-Laws; and unless the resolution shall expressly so provide, no such committee
shall have the power or authority to declare a dividend or to authorize the
issuance of stock. In the absence or disqualification of a member of a
committee, the member or members thereof present at any meeting and not
disqualified from voting, whether or not he or they constitute a quorum, may
unanimously appoint another member of the Board of Directors to act at the
meeting in the place of any such absent or disqualified member. Each such
committee other than the Executive Committee shall have such name as may be
determined from time to time by the Board of Directors.

     SECTION 2.11. Compensation. A director shall receive such compensation, if
any, for his services as a director as may from time to time be fixed by the
Board of Directors, which compensation may be based, in whole or in part, upon
his attendance at meetings of the Board of Directors or of its committees. He
may also be reimbursed for his expenses in attending any meeting.

                                 ARTICLE THREE

                                    OFFICERS

     SECTION 3.1. Election; Qualification. The officers of the Corporation shall
be a President, one or more Vice Presidents, a Secretary and a Treasurer, each
of whom shall be elected by the Board of Directors. The Board of Directors may
elect a Controller, one or more Assistant Secretaries, one or more Assistant
Treasurers, one or more Assistant Controllers and


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such other officers as it may from time to time determine. Two or more offices
may be held by the same person.

     SECTION 3.2. Term of Office. Each officer shall hold office from the time
of his elective and qualification to the time at which his successor is elected
and qualified, unless sooner he shall die or resign or shall be removed pursuant
to Section 3.4.

     SECTION 3.3. Resignation. Any officer of the Corporation may resign at any
time by giving written notice of such resignation to the Board of Directors, the
President or the Secretary of the Corporation. Any such resignation shall take
effect at the time specified therein or, if no time be specified, upon receipt
thereof by the Board of Directors or one of the above-named officers; and,
unless specified therein, the acceptance of such resignation shall not be
necessary to make it effective.

     SECTION 3.4. Removal. Any officer may be removed at any time, with or
without cause, by the vote of a majority of the whole Board of Directors.

     SECTION 3.5. Vacancies. Any vacancy, however caused, in any office of the
Corporation may be filled by the Board of Directors.

     SECTION 3.6. Compensation. The compensation of each officer shall be such
as the Board of Directors may from time to time determine.

     SECTION 3.7. President. The President shall be chief executive officer of
the Corporation and shall have charge of the general business and affairs of the
Corporation, subject to the right of the Board of Directors to confer specified
powers on officers and subject generally to the direction of the Board of
Directors and the Executive Committee, if any.

     SECTION 3.8. Vice President. Each Vice President shall have such powers and
duties as generally pertain to the office of Vice President and as the Board of
Directors or the President may from time to time prescribe. During the absence
of the President or his inability to act or during a vacancy in the office of
President, the Vice President, or if there shall be more than one Vice
President, then that one designated by the Board of Directors, shall exercise
the powers and shall perform the duties of the President, subject to the
direction of the Board of Directors and the Executive Committee, if any.

     SECTION 3.9. Secretary. The Secretary shall keep the minutes of all
meetings of stockholders and of the Board of Directors. He shall be custodian of
the corporate seal and shall affix it or cause it to be affixed to such
instruments as require such seal and attest the same and shall exercise the
powers and shall perform the duties incident to the office of Secretary, subject
to the direction of the Board of Directors and the Executive Committee, if any.

     SECTION 3.10. Treasurer. The Treasurer shall have care of all funds and
securities of the Corporation and shall exercise the powers and shall perform
the duties incident to the office of Treasurer, subject to the direction of the
Board of Directors and the Executive Committee, if any.


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     SECTION 3.11. Other Officers. Each other officer of the Corporation shall
exercise the powers and shall perform the duties incident to his office, subject
to the direction of the Board of Directors and the Executive Committee, if any.

                                  ARTICLE FOUR

                                  CAPITAL STOCK

     SECTION 4.1. Stock Certificates. The interest of each holder of stock of
the Corporation shall be evidenced by a certificate or certificates in such form
as the Board of Directors may from time to time prescribe. Each certificate
shall be signed by or in the name of the Corporation by the President or a Vice
President and by the Treasurer or an Assistant Treasurer or the Secretary or an
Assistant Secretary. Any of or all the signatures appearing on any such
certificate or certificates may be a facsimile. If any officer, transfer agent
or registrar who has signed or whose facsimile signature has been placed upon a
certificate shall have ceased to be such officer, transfer agent or registrar
before such certificate is issued, it may be issued by the Corporation with the
same effect as if he were such officer, transfer agent or registrar at the date
of issue.

     SECTION 4.2. Transfer of Stock. Shares of stock shall be transferable on
the books of the Corporation pursuant to applicable law and such rules and
regulations as the Board of Directors shall from time to time prescribe.

     SECTION 4.3. Holders of Record. Prior to due presentment for registration
of transfer the Corporation may treat the holder of record of a share of its
stock as the complete owner thereof exclusively entitled to vote, to receive
notifications and otherwise entitled to all the rights and powers of a complete
owner thereof, notwithstanding notice to the contrary.

     SECTION 4.4. Lost, Stolen, Destroyed or Mutilated Certificates. The
Corporation shall issue a new certificate of stock to replace a certificate
theretofore issued by it alleged to have been lost, destroyed or wrongfully
taken, if the owner or his legal representative (i) requests replacement before
the Corporation has notice that the stock certificate has been acquired by a
bona fide purchaser; (ii) files with the Corporation a bond sufficient to
indemnify the Corporation against any claim that may be made against it on
account of the alleged loss or destruction of any such stock certificate or the
issuance of any such new stock certificate; and (iii) satisfies such other terms
and conditions as the Board of Directors may from time to time prescribe.

                                  ARTICLE FIVE

                                  MISCELLANEOUS

     SECTION 5.1. Indemnity. (a) The Corporation shall indemnify, subject to the
requirements of subsection (d) of this Section, any 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 (other than an action by or in the right of the Corporation), by
reason of the fact that he is or was a director, officer, employee or agent of
the


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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, against expenses (including attorneys'
fees), judgments, fines and amounts paid in settlement actually and reasonably
incurred by him in connection with such action, suit or proceeding if he acted
in good faith and in a manner he reasonably believed to be in or not opposed to
the best interests of the Corporation and, with respect to any criminal action
or proceeding, had no reasonable cause to believe his conduct was unlawful. The
termination of any action, suit or proceeding by judgment, order, settlement,
conviction or upon a plea of nolo contendere or its equivalent, shall not, of
itself, create a presumption that the person did not act in good faith and in a
manner which he reasonably believed to be in or not opposed to the best
interests of the Corporation and, with respect to any criminal action or
proceeding, had reasonable cause to believe that his conduct was unlawful.

     (b) The Corporation shall indemnify, subject to the requirements of
subsection (d) of this Section, any person who was or is a party or is
threatened to be made a party to any threatened, pending or completed action or
suit by or in the right of the Corporation to procure a judgment in its favor by
reason of the fact that he is or was a director, officer, employee or agent 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, against expenses (including attorneys' fees)
actually and reasonably incurred by him in connection with the defense or
settlement of such action or suit if he acted in good faith and in a manner he
reasonably believed to be in or not opposed to the best interests of the
Corporation and except that no indemnification shall be made in respect of any
claim, issue or matter as to which such person shall have been adjudged to be
liable for negligence or misconduct in the performance of his duty to the
Corporation unless and only to the extent that the Court of Chancery of the
State of Delaware or the court in which such action or suit was brought shall
determine upon application that, despite the adjudication of liability but in
view of all the circumstances of the case, such person is fairly and reasonably
entitled to indemnity for beach expenses which the Court of Chancery of the
State of Delaware or such other court shall deem proper.

     (c) To the extent that a director, officer, employee or agent of the
Corporation, or a person serving in any other enterprise at the request of the
Corporation, has been successful on the merits or otherwise in defense of any
action, suit or proceeding referred to in subsections (a) and (b) of this
Section, or in defense of any claim, issue or matter therein, the Corporation
shall indemnify him against expenses (including attorneys' fees) actually and
reasonably incurred by him in connection therewith.

     (d) Any indemnification under subsections (a) and (b) of this Section
(unless ordered by a court) shall be made by the Corporation only as authorized
in the specific case upon a determination that indemnification of the director,
officer, employee or agent is proper in the circumstances because he has met the
applicable standard of conduct set forth in subsections (a) and (b) of this
Section. Such determination shall be made (1) by the Board of Directors by a
majority vote of a quorum consisting of directors who were not parties to such
action, suit or proceeding, or (2) it such a quorum is not obtainable, or, even
if obtainable a quorum of disinterested directors so directs, by independent
legal counsel in a written opinion, or (3) by the stockholders.


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     (e) Expenses incurred by a director, officer, employee or agent in
defending a civil or criminal action, suit or proceeding may be paid by the
Corporation in advance of the final disposition of such action, suit or
proceeding as authorized by the Board of Directors in the specific case upon
receipt of an undertaking by or on behalf of the director, officer, employee or
agent to repay such amount unless it shall ultimately be determined that he is
entitled to be indemnified by the Corporation as authorized in this Section.

     (f) The indemnification provided by this Section shall not limit the
Corporation from providing any other indemnification permitted by law nor shall
it be deemed exclusive of any other rights to which those seeking
indemnification may be entitled under any by-law, agreement, vote of
stockholders or disinterested directors or otherwise, both as to action in his
official capacity and as to action in another capacity while holding such
office, and 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 a person.

     (g) The Corporation may purchase and maintain insurance on behalf of any
person who is or was a director, officer, employee or agent 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 against any liability asserted against him and incurred by him
in any such capacity, or arising out of his status as such, whether or not the
Corporation would have the power to indemnify him against such liability under
the provisions of this Section.

     (h) For the purposes of this Section, references to "the Corporation" shall
include, in addition to the resulting corporation, any constituent corporation
(including any constituent of a constituent) absorbed in a consolidation or
merger which, if its separate existence had continued, would have had power and
authority to indemnify its directors, officers, employees or agents, so that any
person who is or was a director, officer, employee or agent of such constituent
corporation, or is or was serving at the request of such constituent corporation
as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise, shall stand in the same position under
the provisions of this Section with respect to the resulting or surviving
corporation as he would have with respect to such constituent corporation if its
separate existence had continued.

     SECTION 5.2. Waiver of Notice. Whenever notice is required by the
Certificate of Incorporation, the By-Laws or any provisions of the General
Corporation Law of the State of Delaware, a written waiver thereof, signed by
the person entitled to notice, whether before or after the time required for
such notice, shall be deemed equivalent to notice. Attendance of a person at a
meeting shall constitute a waiver of notice of such meeting, except when the
person attends a meeting for the express purpose of objecting, at the beginning
of the meeting, to the transaction of any business because the meeting is not
lawfully called or convened. Neither the business to be transacted at, nor the
purpose of, any regular or special meeting of the stockholders, directors or
members of a committee of directors need be specified in any written waiver of
notice.

     SECTION 5.3. The fiscal year of the Corporation shall start on such date as
the Board of Directors shall from time to time prescribe.


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     SECTION 5.4. Corporate Seal. The corporate seal shall be in such form as
the Board of Directors may from time to time prescribe, and the same may be used
by causing it or a facsimile thereof to be impressed or affixed or in any other
manner reproduced.

                                  ARTICLE SIX

                              AMENDMENT OF BY-LAWS

     SECTION 6.1. Amendment. The By-Laws may be adopted, amended or repealed by
the stockholders or by the Board of Directors by a majority vote of the whole
Board of Directors.


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