Apple 2007 Annual Report Download - page 147

7.3 Shares Held by the Corporation
Shares in other corporations standing in the name of the Corporation may be voted or represented and all rights incident thereto may be
exercised on behalf of the Corporation by any officer of the Corporation authorized so to do by resolution of the Board of Directors. The
authority herein granted may be exercised either by such person directly or by any other person authorized to do so by proxy or by power of
attorney duly executed by such person having the authority.
7.4 Certificates for Shares
(a) Every holder of shares in the Corporation shall be entitled to have a certificate or certificates signed in the name of the Corporation by
the Chief Executive Officer or the President and by the Secretary or any Assistant Secretary, certifying the number of shares and the class or
series of shares owned by the shareholder. Any or all of the signatures on the certificate may be facsimile. In case any officer, transfer agent or
registrar who has signed or whose facsimile signature has been placed upon a certificate has ceased to be such officer transfer agent or registrar
before such certificate is issued, it may be issued by the Corporation with the same effect as if such person were an officer, transfer agent or
registrar at the date of issue.
(b) Notwithstanding clause (a) of this Section 7.4 , shares of the Corporation may be evidenced by registration in the holder's name in
uncertificated, book-entry form in accordance with the direct registration system approved by the United States Securities and Exchange
Commission and by the principal securities exchange on which the stock of the Corporation may from time to time be traded, or as may be
otherwise authorized by Section 416(b) of the Code or any successor statute, as any of the foregoing may be approved from time to time by the
Board of Directors. Every holder of uncertificated shares of the Corporation shall be entitled to receive a statement of holdings as evidence of
share ownership. As provided in Section 416(b) of the Code, any direct registration system so implemented shall not become effective as to
issued and outstanding certificated securities until the certificates therefor have been surrendered to the Corporation.
7.5 Lost Certificates
Except as provided in this Section 7.5 , no new stock certificate or uncertificated shares shall be issued to replace a previously issued
certificate unless the latter is surrendered to the Corporation or its transfer agent or registrar and cancelled at the same time. Where the owner of
any certificate for shares of the Corporation claims that the certificate has been lost, stolen or destroyed, a new certificate or uncertificated
shares, in the Corporation's discretion, shall be issued in place of the original certificate if the owner (a) so requests before the Corporation has
notice that the original certificate has been acquired by a bona fide purchaser, (b) files with the Corporation an indemnity bond in such form and
in such amount sufficient to protect the Corporation against any claim that may be made against it, including any expense or liability, on account
of the alleged loss, theft or destruction of the certificate or the issuance of the replacement certificate or uncertificated shares as shall be
approved by the Chief Executive Officer, the President or a Vice President, and (c) satisfies any other reasonable requirements imposed by the
Corporation. The Board of Directors may adopt such other provisions and restrictions with reference to lost certificates, not inconsistent with
applicable law, as it shall in its discretion deem appropriate.
7.6 Certification and Inspection of Bylaws
The Corporation shall keep at its principal executive or business office the original or a copy of these Bylaws as amended or otherwise
altered to date, which shall be open to inspection by the shareholders at all reasonable times during office hours.
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