Bylaws (2004)Full Document 

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BYLAWS

OF

HUNTSMAN AUSTRALIA INC.

a Utah corporation

1993



TABLE OF CONTENTS

ARTICLE 1. OFFICES
Section 1.1. Business Offices 1
Section 1.2. Registered Office 1

ARTICLE 2. SHAREHOLDERS


Section 2.1. Annual Shareholder Meeting 1
Section 2.2. Special Shareholder Meetings 1
Section 2.3. Place of Shareholder Meetings 1
Section 2.4. Notice of Shareholder Meeting 1
Section 2.5. Fixing of Record Date 2
Section 2.6. Shareholder List 3
Section 2.7. Shareholder Quorum and Voting Requirements 3
Section 2.8. Proxies 4
Section 2.9. Voting of Shares 4
Section 2.10. Corporation's Acceptance of Votes 4
Section 2.11. Informal Action by Shareholders 5
Section 2.12. Waiver of Notice 6
Section 2.13. Voting for Directors 6
Section 2.14. Rights of Shareholders to Inspect Corporate Records 6
Section 2.15. Furnishing Financial Statements to a Shareholder 8
Section 2.16. Information Respecting Shares 8

ARTICLE 3. BOARD OF DIRECTORS


Section 3.1. General Powers 8
Section 3.2. Number, Tenure and Qualifications of Directors 8
Section 3.3. Regular Meetings of the Board of Directors 8
Section 3.4. Special Meetings of the Board of Directors 8
Section 3.5. Notice and Waiver of Notice of Special Director Meetings 8
Section 3.6. Quorum of Directors 9
Section 3.7. Manner of Acting 9
Section 3.8. Director Action By Written Consent 9
Section 3.9. Resignation of Directors 10
Section 3.10. Removal of Directors 10
Section 3.11. Board of Director Vacancies 10
Section 3.12. Director Compensation 10
Section 3.13. Director Committees 11
Section 3.14. Director's Rights to Inspect Corporate Records 11

ARTICLE 4. EXECUTIVE COMMITTEE AND OTHER COMMITTEES


Section 4.1. Creation of Committees 12
Section 4.2. Approval of Committees and Members 12
Section 4.3. Required Procedures 12
Section 4.4. Authority 12
Section 4.5. Authority of Executive Committee 12
Section 4.6. Compensation 12

ARTICLE 5. OFFICERS


Section 5.1. Officers 12
Section 5.2. Appointment and Term of Office 12
Section 5.3. Removal of Officers 13
Section 5.4. The Chairman of the Board 13
Section 5.5. Chief Executive Officer 13
Section 5.6. President 13

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Section 5.7. Vice Presidents 13
Section 5.8. Secretary 14
Section 5.9. Treasurer 14
Section 5.10. Assistant Secretaries and Assistant Treasurers 14
Section 5.11. Salaries 15

ARTICLE 6. INDEMNIFICATION OF DIRECTORS, OFFICERS, EMPLOYEES, FIDUCIARIES, AND AGENTS


Section 6.1. Indemnification of Directors 15
Section 6.2. Advance Payment of Expenses 15
Section 6.3. Indemnification of Officers, Employees, Fiduciaries, and Agents 16
Section 6.4. Insurance 16

ARTICLE 7. EXECUTION OF INSTRUMENTS, BORROWING OF MONEY AND DEPOSIT OF CORPORATE FUNDS


Section 7.1. Execution of Instruments 16
Section 7.2. Loans 16
Section 7.3. Deposits 16
Section 7.4. Checks, Drafts, etc. 16
Section 7.5. Bonds and Debentures 17
Section 7.6. Sale, Transfer, etc. of Securities 17
Section 7.7. Proxies 17

ARTICLE 8. CERTIFICATES FOR SHARES AND THEIR TRANSFER


Section 8.1. Certificates for Shares 17
Section 8.2. Shares Without Certificates 18
Section 8.3. Registration of Transfer of Shares 18
Section 8.4. Restrictions on Transfer of Shares Permitted