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8-K - FORM 8-K - MEDIACOM COMMUNICATIONS CORP | y90199e8vk.htm |
EX-3.1 - EX-3.1 - MEDIACOM COMMUNICATIONS CORP | y90199exv3w1.htm |
EX-99.1 - EX-99.1 - MEDIACOM COMMUNICATIONS CORP | y90199exv99w1.htm |
Exhibit 3.2
MEDIACOM COMMUNICATIONS CORPORATION
A Delaware Corporation
BYLAWS
________________________
PREAMBLE
These Bylaws contain provisions for the regulation and management of the affairs of Mediacom
Communications Corporation, a Delaware corporation (the Corporation). They are based in part
upon provisions of the Delaware General Corporation Law (the Law) and the Certificate of
Incorporation of the Corporation (the Certificate) in effect on the date of adoption. If these
Bylaws conflict with the Law or the Certificate as the result of subsequent changes in the Law, an
intervening amendment of the Certificate or otherwise, the Law and the Certificate shall govern.
In using these Bylaws, reference should also be made to the then current provisions of the laws of
Delaware, the Law and the Certificate.
ARTICLE I
OFFICES AND CORPORATE SEAL
OFFICES AND CORPORATE SEAL
Section 1. Registered Office. The registered office of the Corporation within
the State of Delaware shall be in the City of Wilmington, County of New Castle. The Corporation
may also have an office or offices other than said registered office at such place or places,
either within or without the State of Delaware, as the Board of Directors (the Board) shall from
time to time determine or the business of the Corporation may require.
Section 2. Corporate Seal. The seal of the Corporation shall have inscribed
thereon the Corporations name, the year of its organization, the words Corporate Seal and the
word Delaware. The Board shall have power to alter the same at its pleasure.
ARTICLE II
SHARES AND TRANSFER THEREOF
SHARES AND TRANSFER THEREOF
Section 1. Share Certificates. The shares of the Corporation shall be
represented by certificates in such form as determined by the Board and shall be signed by the
Chairman of the Board (the Chairman), the Vice Chairman of the Board (the Vice Chairman), the
President, an Executive Vice President, a Senior Vice President or a Vice President and by the
Treasurer, an Assistant Treasurer, the Secretary or an Assistant Secretary, or shall be
uncertificated if so determined by the Board. In case any officer who has signed a certificate
shall have ceased to be such officer before the certificate is issued, it may be issued by the
Corporation with the same effect as if such person were such officer at the time of its issue.
Each such certificate shall certify the number of shares and bear the Corporations seal. Except
as otherwise expressly
provided by Law, the rights and obligations of the holders of uncertificated shares and the rights
and obligations of the holders of certificates representing stock of the same class and series
shall be identical.
Section 2. Transfer of Shares. Stock of the Corporation shall be transferable
in the manner prescribed by applicable law and in accordance with these Bylaws. Upon surrender to
the Corporation or any transfer agent of a certificate for shares duly endorsed or accompanied by
proper evidence of succession, assignation or authority to transfer, it shall be the duty of the
Corporation to issue a new certificate to the person entitled thereto, cancel the old certificates
and record the transaction upon the books of the Corporation. Upon receipt of proper transfer
instructions from the registered owner of uncertificated shares such uncertificated shares shall be
cancelled, and the issuance of new equivalent uncertificated shares or certificated shares shall be
made to the person entitled thereto and the transaction shall be recorded upon the books of the
Corporation.
Section 3. Lost or Destroyed Certificates. In case of loss or destruction of
any certificate of shares, another certificate may be issued in its place upon satisfactory proof
of such loss or destruction and, at the discretion of the Board, upon giving to the Corporation a
satisfactory bond of indemnity issued by a corporate surety in an amount and for a period
satisfactory to the Board.
ARTICLE III
STOCKHOLDERS AND MEETINGS THEREOF
STOCKHOLDERS AND MEETINGS THEREOF
Section 1. Stockholders of Record. Only stockholders of record shall be
entitled to be treated by the Corporation as holders-in-fact of the shares standing in their
respective names, and the Corporation shall not be bound to recognize any equitable or other claim
to, or interest in, any shares on the part of any other person, firm, or corporation, whether or
not it shall have express or other notice thereof, except as expressly provided by Law.
Section 2. Location of Stockholder Meetings. Meetings of stockholders shall
be held at the principal office of the Corporation or at such other place, either within or without
of the State of Delaware, as may be designated in the notice of meeting.
Section 3. Annual Meeting of Stockholders. In the absence of a resolution of
the Board providing otherwise, the annual meeting of stockholders of the Corporation for the
election of directors, and for the transaction of such other business as may properly come before
the meeting, shall be held each year at such date, time and place, either within or without the
State of Delaware or, if so determined by the Board in its sole discretion, at no place (but rather
by means of remote communication), as may be specified by the Board in the notice of meeting. If a
quorum is not present, the meeting may be adjourned from time to time.
Section 4. Special Meetings of Stockholders. Special meetings of stockholders
may be called by the Chairman (or in such persons absence, by a Vice Chairman), the President (or
in such persons absence, by an Executive Vice President, or a Senior Vice President or a Vice
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President), the Board, or the holders of not less than one-tenth (1/10) of all shares entitled to
vote on the subject matter for which the meeting is called.
Section 5. Notice of Stockholder Meetings. Written or printed notice stating
the place, date, and hour of the stockholders meeting, and in case of a special meeting of
stockholders, the purpose or purposes for which the meeting is called, shall be delivered not less
than ten (10) days nor more than sixty (60) days before the date of the meeting, either personally
or by mail, facsimile, electronic mail or other means of electronic communication by or at the
direction of the Chairman, any Vice Chairman, the President, the Secretary, the Board, or the
officer or persons calling the meeting, to each stockholder of record entitled to vote at such
meeting. If mailed, such notice shall be deemed to be delivered when deposited in the United
States mail addressed to the stockholder at such persons address as it appears on the records of
the Corporation, with postage thereon prepaid. If notice is by facsimile, electronic mail or other
means of electronic communication, such notice shall be deemed to be given at the time provided in
the Law. If a quorum for the transaction of business shall not be represented at the meeting, the
meeting shall be adjourned by the stockholders present.
Section 6. Quorum. A quorum at any meeting of stockholders shall consist of a
majority of the shares of the Corporation entitled to vote thereat, represented in person or by
proxy. If a quorum is present, the affirmative vote of a majority of the shares represented at the
meeting and entitled to vote on the subject matter shall be the act of the stockholders, unless the
vote of a greater number or voting by classes is required by Law, the Certificate or these Bylaws
and except for the election of directors. When a quorum is once present to organize a meeting, it
is not broken by the subsequent withdrawal of any Stockholder. Directors shall be elected by a
plurality of votes of the shares present in person or represented by proxy at the meeting and
entitled to vote on the election of directors.
Section 7. Proxies.
(a) Each stockholder entitled to vote at a meeting of stockholders or to express consent or
dissent to corporate action in writing without a meeting may authorize another person or persons to
act for such person by proxy, but no such proxy shall be voted or acted upon after [three (3)
years] from its date, unless the proxy provides for a longer period.
(b) Without limiting the manner in which a stockholder may authorize another person or persons
to act for such stockholder by proxy, pursuant to subsection (a) of this section, the following
shall constitute a valid means by which a stockholder may grant such authority:
(1) | A stockholder may execute a writing authorizing another person or persons to act for such stockholder as proxy. Execution may be accomplished by the stockholder or its authorized officer, director, employee, or agent signing such writing or causing such persons signature to be affixed to such writing by any reasonable means including, but not limited to, facsimile signature. |
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(2) | A stockholder may authorize another person or persons to act for the stockholder as proxy by transmitting or authorizing the transmission of a telegram, cablegram, or other means of electronic transmission to the person who will be the holder of the proxy or to a proxy solicitation firm, proxy support service organization, or like agent duly authorized by the person who will be the holder of the proxy to receive such transmission, provided that any such telegram, cablegram, or other means of electronic transmission must either set forth or be submitted with information from which it can be determined that the telegram, cablegram, or other electronic transmission was authorized by the stockholder. If it is determined that such telegrams, cablegrams, or other electronic transmissions are valid, the inspectors or, if there are no inspectors, such other persons making that determination shall specify the information upon which they relied. |
Any copy, facsimile telecommunication, or other reliable reproductions of the writing of
transmission created pursuant to subsection (b) of this section may be substituted or used in lieu
of the original writing or transmission for any and all purposes for which the original writing or
transmission could be used, provided that such copy, facsimile telecommunication, or other
reproduction shall be a complete reproduction of the entire original writing or transmission.
A duly executed proxy shall be irrevocable if it states that it is irrevocable and if, and
only as long, as it is coupled with an interest sufficient in law to support an irrevocable power.
Section 8. Consent in Lieu of Meeting. Any action required or permitted to be
taken at any annual or special meeting of stockholders of the Corporation, may be taken without a
meeting, without prior notice and without a vote, if a consent or consents in writing, setting
forth the action so taken shall be signed and dated by the holders of outstanding stock having not
less than the minimum number of votes that would be necessary to authorize or take such action at a
meeting at which all shares entitled to vote thereon were present and voted and shall be filed with
the minutes of proceedings of the stockholders. Prompt notice of the taking of the corporate
action without a meeting by less than unanimous written consent shall be given to those
stockholders who have not consented in writing to such action and who would have been entitled to
notice of such meeting.
ARTICLE IV
DIRECTORS, POWERS, AND MEETINGS
DIRECTORS, POWERS, AND MEETINGS
Section 1. Board of Directors. The business and affairs of the Corporation
shall be managed by a Board of one or more persons who need not be stockholders of the Corporation
or residents of the State of Delaware unless required by Law, and who shall be elected at the
annual meeting of stockholders or any adjournment thereof. The number of directors may be
increased or decreased by action of the stockholders from time to time. Directors shall hold
office until the next succeeding annual meeting of stockholders or until their earlier resignation
or removal or until their successors have been elected and qualified; however, no provision of this
section shall
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be restrictive upon the right of the Board to fill vacancies or upon the right of stockholders to
remove directors as is hereinafter provided. Each of the directors shall be at least eighteen
years of age.
Section 2. Annual Meeting of Board of Directors. A regular meeting of the
Board for the purpose of electing officers and the transaction of such other business as may come
before the meeting shall be held at the same place as, and immediately after, the annual meeting of
stockholders, and no notice shall be required in connection therewith.
Section 3. Special Meetings of Board of Directors. Special meetings of the
Board may be called at any time by the Chairman (or in such persons absence, by a Vice Chairman),
the President (or in such persons absence, by an Executive Vice President, a Senior Vice President
or a Vice President), or a majority of the directors in office and may be held within or outside
the State of Delaware. Notice need not be given. Special meetings of the Board may be held at any
time that all directors are present in person, and the presence of any director at a meeting shall
constitute waiver of notice of such meeting, except as otherwise provided by Law. Unless
specifically required by Law, the Certificate, or these Bylaws, neither the business to be
transacted at, nor the purpose of, any meeting of the Board need be specified in the notice or
waiver of notice of such meeting.
Section 4. Quorum. A quorum at all meetings of the Board shall consist of a
majority of the number of directors then fixed by these Bylaws or by action of the stockholders,
but a smaller number may adjourn from time to time without further notice, until a quorum be
secured. The act of the majority of the directors present at a meeting at which a quorum is
present shall be the act of the Board, unless the act of a greater number of directors is required
by the Certificate, these Bylaws, or Law.
Section 5. Vacancies. Any vacancy occurring in the Board may be filled by the
affirmative vote of a majority of the remaining directors though less than a quorum of the Board.
A director elected to fill a vacancy shall be elected for the unexpired term of such persons
predecessor in office, and shall hold such office until such persons earlier resignation or
removal or until such persons successor has been elected and qualified. Any directorship to be
filled by reason of an increase in the number of directors shall be filled by the affirmative vote
of the directors then in office or by an election at an annual meeting or at a special meeting of
stockholders called for that purpose. A director chosen to fill a position resulting from an
increase in the number of directors shall hold office until the next annual meeting of stockholders
or until such persons successor has been elected and qualified.
Section 6. Compensation of Directors. Directors may receive such fees as may
be established by appropriate resolution of the Board for attendance at meetings of the Board, and
in addition thereto, may receive reasonable traveling expense, if any is required, for attendance
at such meetings.
Section 7. Removal of Directors. Any director or the entire Board may be
removed, with or without cause, by the holders of a majority of the shares then entitled to vote at
an election of directors, except as follows: (1) Unless the Certificate otherwise provides, in the
case
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of a corporation whose Board is classified, stockholders may effect such removal only for cause or
(2) If the Corporation has cumulative voting and less than the entire Board is to be removed, no
director may be removed without cause if the votes cast against such persons removal would be
sufficient to elect such person if then cumulatively voted at an election of the entire Board, or,
if there be classes of directors, at an election of the class of directors which such person is a
part.
Section 8. Meetings by Telephone. Members of the Board may participate in and
act at any meeting of the Board through the use of a conference telephone or other communications
equipment by means of which all persons participating in the meeting can hear each other.
Participation in such a meeting shall constitute attendance and presence in person at the meeting
of the person(s) so participating.
Section 9. Action Without a Meeting. Any action which is required to be taken
at a meeting of the directors, or of any committee of the directors, may be taken without a meeting
if a consent or consents in writing, setting forth the action so taken, are signed by all of the
members of the board or of the committee as the case may be. The consents shall be filed in the
corporate records. Action taken is effective when all directors or committee members have signed
the consent, unless the consent specifies a different effective date. Such consent has the same
force and effect as an unanimous vote of the directors or committee members and may be stated as
such in any document.
ARTICLE V
OFFICERS
OFFICERS
Section 1. Elective Officers. The elective officers of the Corporation, who
need not be directors, shall be a President, a Secretary, and a Treasurer, who shall be elected by
the Board at its first meeting after the annual meeting of stockholders. Unless removed in
accordance with procedures established by Law and these Bylaws, the said officers shall serve until
the next succeeding annual meeting of the Board or until their respective successors have been
elected and qualified. An officer may, unless prohibited by Law, hold more than one office.
Section 2. Additional Officers. The Board may elect or appoint a Chairman, a
Vice Chairman, one or more Executive Vice Presidents, one or more Senior Vice Presidents, one or
more Assistant Vice Presidents, one or more Vice Presidents, one or more Assistant Secretaries, one
or more Assistant Treasurers, or such other officers as it may deem advisable, who shall hold
office during the pleasure of the Board, and shall be paid such compensation as may be directed by
the Board.. The Chairman, if any, the Vice Chairman, if any, the President, the Executive Vice
President(s), if any, and the Senior Vice President(s), if any, shall individually or collectively,
be known as the Administrative Officers.
Section 3. Powers and Duties. The officers of the Corporation shall
respectively exercise and perform the respective powers, duties, and functions as are stated below,
and as may be assigned to them by the Board.
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(a) Chairman of the Board. The Chairman, if any, shall preside at all meetings of the
stockholders and the Board. Except where, by law, the signature of the President is required, the
Chairman shall possess the same power as the President to sign all certificates, contracts, and
other instruments of the Corporation which may be authorized by the Board.
(b) Vice Chairman of the Board. The Vice Chairman, if any, shall, in the absence of
the Chairman, preside at all meetings of the stockholders and the Board. Except where, by law, the
signature of the President is required, the Vice Chairman shall possess the same power as the
President to sign all certificates, contracts, and other instruments of the Corporation which may
be authorized by the Board. In the absence of the Chairman, the Vice Chairman shall perform all
the duties of the Chairman.
(c) President. The President shall preside at all meetings of the stockholders and of
the Board in the absence of the Chairman and Vice Chairman. The President, any Executive Vice
President, any Senior Vice President, or any Vice President, unless some other person is
specifically authorized by the Board, shall sign all bonds, deeds, mortgages, leases, and contracts
of the Corporation. The President, any Executive Vice President, any Senior Vice President, or any
Vice President, unless some other person is specifically authorized by the Board, shall have full
authority on behalf of the Corporation to attend any meeting, give any waiver, cast any vote, grant
any discretionary or directed proxy to any person, and exercise any other right of ownership with
respect to shares of capital stock or other securities held by the Corporation and issued by any
other corporation or with respect to any partnership, membership, trust, or similar interest held
by the Corporation. The President shall perform all the duties commonly incident to the office and
such other duties as the Chairman, the Vice Chairman, or the Board shall designate.
(d) Executive Vice President. The Executive Vice President(s), if any, shall perform
such duties as assigned to such person by the Chairman, the Vice Chairman, the President or the
Board. In the absence or disability of the President, an Executive Vice President shall perform
all duties of the President. If there is more than one person holding the office of Executive Vice
President, the Executive Vice President designated by the Chairman, the Vice Chairman, the
President, or the Board, shall in the absence or disability of the President perform all duties of
the President.
(e) Senior Vice President. In the absence or disability of an Executive Vice
President, a Senior Vice President, if any, shall perform all duties of an Executive Vice
President, and when so acting, shall have all the powers of and be subject to all the restrictions
of an Executive Vice President. If there is more than one person holding the office of Senior Vice
President, the Senior Vice President designated by Chairman, the Vice Chairman, the President, any
Executive Vice President, or the Board, shall in the absence or disability of the President or an
Executive Vice President, perform all duties of the President or an Executive Vice President. Each
Senior Vice President shall have such other powers and perform such other duties as may from time
to time be assigned to such person by the Chairman, the Vice Chairman, the President, any Executive
Vice President or the Board.
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(f) Vice President. In the absence or disability of a Senior Vice President, a Vice
President, if any, shall perform all duties of a Senior Vice President, and when so acting, shall
have all the powers of and be subject to all the restrictions of a Senior Vice President. If there
is more than one person holding the office of Vice President, the Vice President designated by any
Administrative Officer or the Board, shall in the absence or disability of the President, an
Executive Vice President or a Senior Vice President, perform all duties of the President, an
Executive Vice President or a Senior Vice President. Each Vice President shall have such other
powers and perform such other duties as may from time to time be assigned to such person by any
Administrative Officer or the Board.
(g) Assistant Vice President. An Assistant Vice President, if any, may, at the
request of any Administrative Officer, any Vice President, or the Board, perform all the duties of
a Vice President, and when so acting shall have all the powers of, and be subject to all the
restrictions of a Vice President. An Assistant Vice President shall perform such other duties as
may be assigned to such person by any Administrative Officer, any Vice President, or the Board.
(h) Secretary. The Secretary shall keep accurate minutes of all meetings of the
stockholders and the Board. The Secretary shall keep, or cause to be kept, a register of the
stockholders of the Corporation and shall be responsible for the giving of notice of meetings of
the stockholders or of the Board. The Secretary shall be custodian of the records and of the seal,
if any, of the Corporation. The Secretary shall perform all duties commonly incident to the office
and such other duties as may from time to time be assigned to such person by any Administrative
Officer, any Vice President, or the Board.
(i) Assistant Secretary. An Assistant Secretary, if any, may, at the request of any
Administrative Officer, any Vice President, the Secretary, or the Board, in the absence or
disability of the Secretary, perform all of the duties of the Secretary. If there is more than one
person holding the office of Assistant Secretary, the Assistant Secretary designated by any
Administrative Officer, any Vice President, the Secretary, or the Board shall in the absence or
disability of the Secretary perform all duties of the Secretary. An Assistant Secretary shall
perform such other duties as may be assigned to such person by any Administrative Officer, any Vice
President, the Secretary, or the Board.
(j) Treasurer. The Treasurer, subject to the order of the Board, shall have the care
and custody of the money, funds, valuable papers, and documents of the Corporation. The Treasurer
shall keep accurate books of accounts of the Corporations transactions, which shall be the
property of the Corporation, and shall render financial reports and statements of condition of the
Corporation when so requested by any Administrative Officer, any Vice President, or the Board. The
Treasurer shall perform all duties commonly incident to the office and such other duties as may
from time to time be assigned to such person by any Administrative Officer, any Vice President, or
the Board.
(k) Assistant Treasurer. An Assistant Treasurer, if any, may, at the request of any
Administrative Officer, any Vice President, the Treasurer, or the Board in the absence or
disability of the Treasurer, perform all of the duties of the Treasurer. If there is more than one
person holding the office of Assistant Treasurer, the Assistant Treasurer designated by any
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Administrative Officer, any Vice President, the Treasurer, or the Board shall in the absence or
disability of the Treasurer perform all duties of the Treasurer. The Assistant Treasurer shall
perform such other duties as may be assigned to such person by any Administrative Officer, any Vice
President, the Treasurer, or the Board.
(l) Additional Officers. Any additional officers elected or appointed by the Board
shall have such titles and perform such duties as may be assigned by the Board.
Section 4. Compensation of Officers. All officers of the Corporation may
receive salaries or other compensation if so ordered and fixed by the Board. The Board shall have
authority to fix salaries in advance for stated periods or render the same retroactive as the Board
may deem advisable.
Section 5. Delegation of Duties. In the event of absence or inability of any
officer to act, the Board may delegate the powers or duties, in addition to any other powers or
duties specifically authorized in this Article V, of such officer to any other officer, director,
or person whom it may select.
Section 6. Removal of Officers. Any officer or agent may be removed by the
Board, with or without cause.
ARTICLE VI
FINANCE
FINANCE
Section 1. Deposits and Withdrawals; Notes and Commercial Paper. The monies
of the Corporation shall be deposited in the name of the Corporation in such bank(s) or trust
company(ies), as the Board shall designate, and may be drawn out only on checks signed in the name
of the Corporation by such person(s) as the Board, by appropriate resolution, may direct. Notes
and commercial paper, when authorized by the Board, shall be signed in the name of the Corporation
by such officer(s) or agent(s) as shall thereunto be authorized from time to time.
Section 2. Fiscal Year. The fiscal year of the Corporation shall be January 1
to December 31 or as determined by resolution of the Board.
ARTICLE VII
WAIVER OF NOTICE
WAIVER OF NOTICE
Any stockholder, officer, or director may waive, in writing, any notice required to be given
by state law or under the Bylaws, whether before or after the time stated therein.
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ARTICLE IX
AMENDMENTS
AMENDMENTS
These Bylaws may be altered or repealed, and new bylaws made, by an affirmative vote of the
majority of the Board, or the affirmative vote of the holders of not less than a majority of the
total voting power of the then outstanding capital stock of the Corporation entitled to vote in the
election of directors, voting as a single class.
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