Bylaws (2004)Full Document 

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BYLAWS

OF

HUNTSMAN CHEMICAL PURCHASING CORPORATION

a Utah corporation

1996



TABLE OF CONTENTS




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

ARTICLE 2.


SHAREHOLDERS


1
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 6
Section 2.12. Waiver of Notice 6
Section 2.13. Voting for Directors 7
Section 2.14. Rights of Shareholders to Inspect Corporate Records 7
Section 2.15. Furnishing Financial Statements to a Shareholder 8
Section 2.16. Information Respecting Shares 8

ARTICLE 3.


BOARD OF DIRECTORS


8
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 9
Section 3.4. Special Meetings of the Board of Directors 9
Section 3.5. Notice and Waiver of Notice of Special Director Meetings 9
Section 3.6. Quorum of Directors 9
Section 3.7. Manner of Acting 9
Section 3.8. Director Action By Written Consent 10
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 11
Section 3.13. Director Committees 11
Section 3.14. Director's Rights to Inspect Corporate Records 11

ARTICLE 4.


EXECUTIVE COMMITTEE AND OTHER COMMITTEES


12
Section 4.1. Creation of Committees 12
Section 4.2. Approval of Committees and Members 12
Section 4.3. Required Procedures 13
Section 4.4. Authority 13
Section 4.5. Authority of Executive Committee 13
Section 4.6. Compensation 13

ARTICLE 5.


OFFICERS


13
Section 5.1. Officers 13
Section 5.2. Appointment and Term of Office 13
Section 5.3. Resignation of Officers 13

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Section 5.4. Removal of Officers 13
Section 5.5. The Chairman of the Board 14
Section 5.6. The Vice Chairman 14
Section 5.7. Chief Executive Officer 14
Section 5.8. President 14
Section 5.9. Vice Presidents 14
Section 5.10. Secretary 15
Section 5.11. Treasurer 15
Section 5.12. Assistant Secretaries and Assistant Treasurers 15
Section 5.13. General Manager 16
Section 5.14. Salaries 16
Section 5.15. Surety Bonds 16

ARTICLE 6.


LIMITATION OF LIABILITY AND INDEMNIFICATION


16
Section 6.1. Limitation of Liability of Directors 16
Section 6.2. Indemnification of Directors 16
Section 6.3. Advance Payment of Expenses 17
Section 6.4. Indemnification of Officers, Employees, Fiduciaries, and Agents 17
Section 6.5. Insurance 18

ARTICLE 7.


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


18
Section 7.1. Execution of Instruments 18
Section 7.2. Loans 18
Section 7.3. Deposits 18
Section 7.4. Checks, Drafts, etc 18
Section 7.5. Bonds and Debentures 18
Section 7.6. Sale, Transfer, etc. of Securities 19
Section 7.7. Proxies 19

ARTICLE 8.


CERTIFICATES FOR SHARES AND THEIR TRANSFER


19
Section 8.1.