BEC » Topics » 10.1 Amendments by Stockholders

This excerpt taken from the BEC 8-K filed Dec 10, 2008.

10.1    Amendments by Stockholders

These Bylaws may be amended or repealed in whole or in part, and new or additional Bylaws may be adopted, by the vote of stockholders entitled to exercise a majority of the voting power of the corporation, except that the vote of stockholders holding more than eighty percent (80%) of the voting power shall be necessary to reduce the authorized number of Directors below five.

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