Apple 1999 Annual Report Download - page 90

(k) To fix a time in the future, which shall not be more than 60 days nor less than 10 days prior to the date of the meeting nor more than sixty
(60) days prior to any other action for which it is fixed, as a record date for the determination of the shareholders entitled to notice of and to
vote at any meeting, or entitled to receive any payment of any dividend or other distribution, or allotment of any rights, or entitled to exercise
any rights in respect of any other lawful action; and in such case only shareholders of record on the date so fixed shall be entitled to notice of
and to vote at the meeting or to receive the dividend, distribution or allotment of rights or to exercise the rights, as the case may be,
notwithstanding any transfer of any shares on the books of this corporation after any record date fixed as aforesaid. The Board of Directors may
close the books of this corporation against transfers of shares during the whole or any part of such period.
(l) To fix and locate from time to time the principal office for the transaction of the business of this corporation and one or more branch or
other subordinate office or offices of this corporation within or without the State of California; to designate any place within or without the
State of California for the holding of any meeting or meetings of the shareholders or the Board of Directors, as provided in Sections 10.1 and
11.1 hereof; to adopt, make and use a corporate seal, and to prescribe the forms of certificates for shares and to alter the form of such seal and
of such certificates from time to time as in its judgment it may deem best, provided such seal and such certificates shall at all times comply
with the provisions of law now or hereafter in effect.
(m) To authorize the issuance of shares of stock of this corporation in accordance with the laws of the State of California and the Articles of
Incorporation of this corporation.
(n) Subject to the limitation provided in Section 14.2 hereof, to adopt, amend or repeal from time to time and at any time these By-Laws and
any and all amendments thereof.
(o) To borrow money and incur indebtedness on behalf of this corporation, including the power and authority to borrow money from any of the
shareholders, directors or officers of this corporation, and to cause to be executed and delivered therefor in the corporate name promissory
notes, bonds, debentures, deeds of trust, mortgages, pledges, hypothecations, or other evidences of debt and securities therefor, and the note or
other obligation given for any indebtedness of this corporation, signed officially by any officer or officers thereunto duly authorized by the
Board of Directors shall be binding on this corporation.
(p) To designate and appoint committees of the Board of Directors as it may see fit, to prescribe their names, powers and duties and limit their
authority in any way it may deem advisable which is not contrary to law or these By-Laws.
(q) Generally to do and perform every act and thing whatsoever that may pertain to the office of a director or to a board of directors.
Article III
OFFICERS
SECTION 3.1: ELECTION AND QUALIFICATIONS. The officers of this corporation shall consist of a Chief Executive Officer, a President,
one or more Vice Presidents, a Secretary, a Chief Financial Officer and such other officers, including, but not limited to, a Chairman of the
Board of Directors, a Treasurer, and Assistant Secretaries and Assistant Treasurers as the Board of Directors shall deem expedient, who shall
be chosen in such manner and hold their offices for such terms as the Board of Directors may prescribe. Any two or more of such offices may
be held by the same person. Any Vice President, Assistant Treasurer or Assistant Secretary, respectively, may exercise any of the powers of the
Chief Executive Officer, the President, the Chief Financial Officer, or the Secretary, respectively, as directed by the Board of Directors, and
shall perform such other duties as are imposed upon him or her by the By-Laws or the Board of Directors.
SECTION 3.2: TERM OF OFFICE AND COMPENSATION. The term of office and salary of each of said officers and the manner and time of
the payment of such salaries shall be fixed and determined by the Board of Directors and may be altered by said Board from time to time at its
pleasure, subject to the rights, if any, of an officer under any contract of employment. Any officer may resign at any time upon written notice to
this corporation, without prejudice to the rights, if any, of this corporation under any contract to which the officer is a party. If any vacancy
occurs in any office of this corporation, the Board of Directors may elect a successor to fill such vacancy.
Article IV
CHAIRMAN OF THE BOARD
SECTION 4.1: POWERS AND DUTIES. The Chairman of the Board of Directors, if there be one, shall have the power to preside at all
meetings of the Board of Directors and shall have such other powers and shall be subject to such other duties as the Board of Directors may
from time to time prescribe.
-
3
-