Bylaws (2004)Full Document 

Start of Preview

QuickLinks -- Click here to rapidly navigate through this document


BYLAWS

OF

AIRSTAR CORPORATION

A Utah Corporation

1988



TABLE OF CONTENTS



Page
ARTICLE I
OFFICES

Section 1.01


Offices


1
Section 1.02 Address 1

ARTICLE II



SHAREHOLDERS



Section 2.01


Annual Meetings


1
Section 2.02 Special Meetings 1
Section 2.03 Place of Meetings 1
Section 2.04 Notice of Meetings 1
Section 2.05 Closing of Transfer Books 1
Section 2.06 Voting Lists 2
Section 2.07 Quorum 2
Section 2.08 Proxies 2
Section 2.09 Voting of Shares by Corporation 2
Section 2.10 Informal Action by Shareholders 2

ARTICLE III



BOARD OF DIRECTORS



Section 3.01


General Powers


3
Section 3.02 Number, Tenure, and Qualifications 3
Section 3.03 Regular Meetings 3
Section 3.04 Special Meetings 3
Section 3.05 Notice 3
Section 3.06 Quorum 3
Section 3.07 Manner of Acting 3
Section 3.08 Vacancies and Newly Created Directorships 3
Section 3.09 Compensation 3
Section 3.10 Presumption of Assent 4
Section 3.11 Resignations 4
Section 3.12 Removal 4
Section 3.13 Telephonic Meetings 4
Section 3.14 Informal Action by Directors 4

ARTICLE IV



OFFICERS



Section 4.01


Number


4
Section 4.02 Election, Term of Office, and Qualifications 4
Section 4.03 Subordinate Officers, Etc. 4
Section 4.04 Resignations 5
Section 4.05 Removal 5
Section 4.06 Vacancies and Newly Created Offices 5
Section 4.07 The Chairman of the Board 5
Section 4.08 The President 5

i


Section 4.09 The Vice-Presidents 5
Section 4.10 The Secretary 6
Section 4.11 The Treasurer 6
Section 4.12 General Manager 7
Section 4.13 Salaries 7
Section 4.14 Surety Bonds 7

ARTICLE V



EXECUTION OF INSTRUMENTS, BORROWING OF MONEY, AND DEPOSIT OF CORPORATE FUNDS



Section 5.01


Execution of Instruments


7
Section 5.02 Loans 8
Section 5.03 Deposits 8
Section 5.04 Checks, Drafts, Etc. 8
Section 5.05 Bonds and Debentures 8
Section 5.06 Sale, Transfer, Etc., of Securities 8
Section 5.07 Proxies 8

ARTICLE VI



CAPITAL STOCK



Section 6.01


Stock Certificates


8
Section 6.02 Transfer of Stock 9
Section 6.03 Regulations 9
Section 6.04 Maintenance of Stock Book at Principal Place of Business 9
Section 6.05 Transfer Agents and Registrars 9
Section 6.06 Lost or Destroyed Certificates 9
Section 6.07 Closing of Transfer Books and Fixing of Record Date 10

ARTICLE VII



EXECUTIVE COMMITTEE AND OTHER COMMITTEES



Section 7.01


How Constituted


10
Section 7.02 Powers 10
Section 7.03 Proceedings 10
Section 7.04 Quorum and Manner of Acting 10
Section 7.05 Resignations 11
Section 7.06 Removal 11
Section 7.07 Vacancies 11
Section 7.08 Compensation 11
Section 7.09 Telephonic Meetings 11
Section 7.10 Informal Action by Committees 11

ARTICLE VIII



INDEMNIFICATION



Section 8.01


Indemnification Third Party Actions


11
Section 8.02 Indemnification for Corporate Actions 12
Section 8.03 Determination 12
Section 8.04 General Indemnification 12

ii


Section 8.05 Advances 12
Section 8.06 Scope of Indemnification 12
Section 8.07 Insurance 13

ARTICLE IX



FISCAL OR TAXABLE YEAR


13

ARTICLE X



DIVIDENDS


13

ARTICLE XI



SEAL


13

ARTICLE XII



AMENDMENTS


13

iii



BYLAWS

OF

AIRSTAR CORPORATION

ARTICLE I

OFFICES

Section 1.01. Offices. The corporation may maintain such offices, within or without the State of Utah, as the Board of Directors may from time to time designate.

End of Preview