EX-3.1 2 ex3-1.htm EXHIBIT 3.1 ex3-1.htm

CERTIFICATE OF OWNERSHIP AND MERGER
 
MERGING
 
PROXIM WIRELESS CORPORATION
 
WITH AND INTO
 
TERABEAM, INC.
 
Pursuant to Section 253 of the
 
 

Terabeam, Inc., a Delaware corporation (the "Company"), does hereby certify to the following facts relating to the merger (the "Merger") of Proxim Wireless Corporation, a Delaware corporation (the "Subsidiary"), with and into the Company, with the Company remaining as the surviving corporation under the name of Proxim Wireless Corporation:
FIRST:                     The Company is incorporated pursuant to the General Corporation Law of the State of Delaware (the "DGCL").  The Subsidiary is incorporated pursuant to the DGCL.
SECOND:                The Company owns all of the outstanding shares of each class of capital stock of the Subsidiary.
THIRD:                    The Board of Directors of the Company, by the following resolutions, duly determined to merge the Subsidiary with and into the Company pursuant to Section 253 of the DGCL:
WHEREAS, Terabeam, Inc., a Delaware corporation (the "Company"), owns all of the outstanding shares of the capital stock of Proxim Wireless Corporation, a Delaware corpora­tion (the "Sub­sidiary"); and
 
WHEREAS, the Board of Directors of the Company has deemed it advisable that the Subsidiary be merged with and into
 

 
 

 

the Company pursuant to Section 253 of the General Corpora­tion Law of the State of Delaware;
 
NOW, THEREFORE, BE IT AND IT HEREBY IS
 
RESOLVED, that the Subsidiary be merged with and into the Company (the "Merger"); and it is further
 
RESOLVED, that by virtue of the Merger and without any action on the part of the holder thereof, each then outstanding share of common stock of the Company shall remain unchanged and continue to remain outstanding as one share of common stock of the Company, held by the person who was the holder of such share of common stock of the Company immediately prior to the Merger; and it is further
 
RESOLVED, that by virtue of the Merger and without any action on the part of the holder thereof, each then outstanding share of common stock of the Subsidiary shall be cancelled and no consideration shall be issued in respect thereof; and it is further
 
RESOLVED, that the certificate of incorporation of the Company as in effect immediately prior to the effective time of the Merger shall be the certificate of incorporation of the surviving corporation, except that Article FIRST thereof shall be amended to read in its entirety as follows:
 
FIRST.  The name of the corporation is Proxim Wireless Corporation.
 
RESOLVED, that the proper officers of the Company be and they hereby are authorized and directed to make, execute and acknowledge, in the name and under the corpo­rate seal of the Company, a certificate of owner­ship and merger for the purpose of effecting the Merger and to file the same in the office of the Secretary of State of the State of Delaware, and to do all other acts and things that may be necessary to carry out and effectuate the purpose and intent of the resolutions relating to the Merger.
 

 
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FOURTH:               The Company shall be the surviving corporation of the Merger.
FIFTH:                    The certificate of incorporation of the Company as in effect immediately prior to the effective time of the Merger shall be the certificate of incorporation of the surviving corporation, except that Article FIRST thereof shall be amended to read in its entirety as follows:
FIRST.                     The name of the corporation is Proxim Wireless Corporation.
 
SIXTH:                    This Certificate of Ownership and Merger, the Merger effected hereby, and the amendment to the certificate of incorporation of the Company effected thereby shall become effective at 12:01 a.m., eastern time, on September 10, 2007.

IN WITNESS WHEREOF, the Company has caused this Certificate of Ownership and Merger to be executed by its duly authorized officer this 4th day of September, 2007.
 
TERABEAM, INC.
 
By:
/s/ David L. Renauld
 
Name:
David L. Renauld
 
Office:
Vice President
 
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