Bylaws (2004)Full Document 

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BYLAWS

OF

HUNTSMAN POLYMERS HOLDINGS CORPORATION

a Utah corporation

1997



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. Resignation of Officers 13

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

ARTICLE 6. LIMITATION OF LIABILITY AND INDEMNIFICATION
Section 6.1. Limitation of Liability of Directors 16
Section 6.2. Indemnification of Directors 16
Section 6.3. Advance Payment of Expenses 16
Section 6.4. Indemnification of Officers, Employees, Fiduciaries, and Agents 17
Section 6.5. Insurance 17

ARTICLE 7. EXECUTION OF INSTRUMENTS, BORROWING OF MONEY AND DEPOSIT OF CORPORATE
FUNDS
Section 7.1. Execution of Instruments 17
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 18
Section 7.7. Proxies 18

ARTICLE 8. CERTIFICATES FOR SHARES AND THEIR TRANSFER
Section 8.1. Certificates for Shares