Kodak 2004 Annual Report Download - page 179

Exhibits
70
2 0 0 5 ฀ N O T I C E ฀ O F ฀ A N N U A L ฀ M E E T I N G ฀ A N D ฀ P R O X Y ฀ S T A T E M E N T
nExhibit฀III—Restated฀Certificate฀of฀Incorporation
Pursuant฀to฀Section฀14A:9-5฀of฀the฀New฀Jersey฀Business฀Corporation฀Act,฀Eastman฀Kodak฀Company฀amends,฀restates,฀and฀integrates฀its฀Certificate฀of฀
Incorporation,฀as฀heretofore฀amended฀and฀restated,฀to฀read฀as฀follows:
SECTION฀1.฀The฀name฀of฀the฀corporation฀is฀“Eastman฀Kodak฀Company.”
SECTION฀2.฀The฀Company฀is฀organized฀for฀the฀purpose฀of฀engaging฀in฀any฀activity฀within฀the฀purposes฀for฀which฀corporations฀may฀be฀orga-
nized฀under฀the฀New฀Jersey฀Business฀Corporation฀Act,฀as฀amended฀from฀time฀to฀time.
SECTION฀3.฀The฀Company฀has฀authority฀to฀issue฀1,050,000,000฀shares,฀consisting฀of฀100,000,000฀shares฀of฀preferred฀stock,฀par฀value฀
$10.00฀each,฀and฀950,000,000฀shares฀of฀common฀stock,฀par฀value฀$2.50฀each.
The฀Board฀of฀Directors฀may฀cause฀the฀preferred฀stock฀to฀be฀issued฀from฀time฀to฀time฀in฀one฀or฀more฀series฀and฀may฀determine฀the฀designation฀and฀number฀
of฀shares,฀and฀the฀relative฀rights,฀preferences,฀and฀limitations฀of฀the฀shares,฀of฀each฀such฀series.฀The฀Board฀of฀Directors฀may฀change฀the฀designation฀and฀
number฀of฀shares,฀and฀the฀relative฀rights,฀preferences,฀and฀limitations฀of฀the฀shares,฀of฀each฀series฀no฀shares฀of฀which฀have฀been฀issued.
Such฀authority฀of฀the฀Board฀of฀Directors฀includes฀but฀is฀not฀limited฀to฀the฀authority฀to฀cause฀to฀be฀issued฀one฀or฀more฀series฀of฀preferred฀stock
a)฀entitling฀the฀holders฀thereof฀to฀cumulative,฀noncumulative฀or฀partially฀cumulative฀dividends;
b)฀฀entitling฀the฀holders฀thereof฀to฀receive฀dividends฀payable฀on฀a฀parity฀with฀or฀in฀preference฀to฀the฀dividends฀payable฀on฀the฀common฀stock฀or฀on฀any฀other฀
series฀of฀preferred฀stock;
c)฀entitling฀the฀holders฀thereof฀to฀preferential฀rights฀upon฀the฀liquidation฀of,฀or฀upon฀any฀distribution฀of฀the฀assets฀of,฀the฀Company;
d)฀convertible,฀at฀the฀option฀of฀the฀Company฀or฀of฀the฀holders฀or฀of฀both,฀into฀shares฀of฀common฀stock฀or฀any฀other฀series฀of฀preferred฀stock;
e)฀฀redeemable,฀in฀whole฀or฀in฀part,฀at฀the฀option฀of฀the฀Company,฀in฀cash,฀its฀bonds฀or฀other฀property,฀at฀such฀price฀or฀prices,฀within฀such฀period฀or฀periods,฀
and฀under฀such฀conditions฀as฀the฀Board฀of฀Directors฀provides,฀including฀creation฀of฀a฀sinking฀fund฀for฀the฀redemption฀thereof;
f)฀lacking฀voting฀rights฀or฀having฀limited฀voting฀rights฀or฀enjoying฀special฀or฀multiple฀voting฀rights.
No฀holder฀of฀shares฀of฀the฀Company฀shall฀be฀entitled,฀as฀such,฀as฀a฀matter฀of฀pre-emptive฀or฀preferential฀right,฀to฀subscribe฀for฀or฀purchase฀any฀part฀of฀
any฀new฀or฀additional฀issue฀of฀shares,฀or฀any฀treasury฀shares,฀or฀of฀securities฀of฀the฀Company฀or฀of฀any฀subsidiary฀of฀the฀Company฀convertible฀into,฀or฀
exchangeable฀for,฀or฀carrying฀rights฀or฀options฀to฀purchase฀or฀subscribe,฀or฀both,฀to฀shares฀of฀any฀class฀whatsoever,฀whether฀now฀or฀hereafter฀authorized,฀
and฀whether฀issued฀for฀cash,฀property,฀services฀or฀otherwise.
SECTION฀4.฀The฀address฀of฀the฀Company’s฀current฀registered฀office฀in฀the฀State฀of฀New฀Jersey฀is฀28฀West฀State฀Street,฀Trenton,฀New฀Jersey฀
08608.฀The฀name฀of฀the฀Company’s฀current฀registered฀agent฀is฀The฀Corporation฀Trust฀Company.
SECTION฀5.฀The฀affairs฀of฀the฀Company฀shall฀be฀managed฀by฀a฀Board฀of฀Directors.฀Except฀as฀otherwise฀provided฀by฀this฀Section,฀the฀number฀
of฀directors,฀not฀fewer฀than฀nine฀(9)฀nor฀more฀than฀eighteen฀(18),฀shall฀be฀fixed฀from฀time฀to฀time฀by฀resolution฀of฀the฀Board฀of฀Directors.฀฀
Commencing฀with฀the฀annual฀election฀of฀directors฀by฀the฀shareholders฀in฀1987,฀and฀continuing฀until฀the฀annual฀meeting฀of฀shareholders฀in฀2008,฀the฀direc-
tors฀shall฀be฀divided฀into฀three฀classes:฀Class฀I,฀Class฀II฀and฀Class฀III,฀each฀such฀class,฀as฀nearly฀as฀possible,฀to฀have฀the฀same฀number฀of฀directors.฀The฀
directors฀may฀be฀removed฀by฀vote฀of฀the฀shareholders฀only฀for฀cause.฀The฀term฀of฀office฀of฀the฀initial฀Class฀I฀directors฀shall฀expire฀at฀the฀annual฀meeting฀of฀
the฀shareholders฀in฀1988,฀the฀term฀of฀office฀of฀the฀initial฀Class฀II฀directors฀shall฀expire฀at฀the฀annual฀meeting฀of฀the฀shareholders฀in฀1989,฀and฀the฀terms฀of฀
office฀of฀the฀initial฀Class฀III฀directors฀shall฀expire฀at฀the฀annual฀meeting฀of฀the฀shareholders฀in฀1990.฀At฀each฀annual฀meeting฀of฀the฀shareholders฀held฀after฀
1987฀and฀continuing฀through฀and฀including฀the฀annual฀meeting฀of฀shareholders฀in฀2005,฀the฀directors฀chosen฀to฀succeed฀those฀whose฀terms฀have฀then฀
expired฀shall฀be฀identified฀as฀being฀of฀the฀same฀class฀as฀the฀directors฀they฀succeed฀and฀shall฀be฀elected฀by฀the฀shareholders฀for฀a฀term฀expiring฀at฀the฀third฀
succeeding฀annual฀meeting฀of฀the฀shareholders.฀฀
At฀the฀2006฀annual฀meeting฀of฀shareholders,฀the฀successors฀of฀the฀directors฀whose฀terms฀expire฀at฀that฀meeting฀shall฀be฀elected฀for฀a฀term฀expiring฀at฀the฀
2008฀annual฀meeting฀of฀shareholders.฀At฀the฀2007฀annual฀meeting฀of฀shareholders,฀the฀successors฀of฀the฀directors฀whose฀terms฀expire฀at฀that฀meeting฀
shall฀be฀elected฀for฀a฀term฀expiring฀at฀the฀2008฀annual฀meeting฀of฀shareholders.฀At฀the฀2008฀annual฀meeting฀of฀shareholders฀and฀at฀each฀annual฀meeting฀
of฀shareholders฀thereafter,฀all฀directors฀shall฀be฀elected฀for฀terms฀expiring฀at฀the฀next฀annual฀meeting฀of฀shareholders.
In฀the฀event฀that฀the฀holders฀of฀any฀class฀or฀series฀of฀stock฀of฀the฀Company฀having฀a฀preference,฀as฀to฀dividends฀or฀upon฀liquidation฀of฀the฀Company,฀shall฀
be฀entitled฀by฀a฀separate฀class฀vote฀to฀elect฀directors,฀as฀may฀be฀specified฀pursuant฀to฀Section฀3,฀then฀the฀provisions฀of฀such฀class฀or฀series฀of฀stock฀with฀
respect฀to฀their฀rights฀shall฀apply.฀The฀number฀of฀directors฀that฀may฀be฀elected฀by฀the฀holders฀of฀any฀such฀class฀or฀series฀of฀stock฀shall฀be฀in฀addition฀to฀the฀
number฀fixed฀pursuant฀to฀the฀preceding฀paragraph฀of฀this฀Section฀5฀and฀shall฀not฀be฀limited฀by฀the฀maximum฀number฀of฀directors฀set฀forth฀above.฀Except฀
as฀otherwise฀expressly฀provided฀pursuant฀to฀Section฀3,฀the฀number฀of฀directors฀that฀may฀be฀so฀elected฀by฀the฀holders฀of฀any฀such฀class฀or฀series฀of฀stock฀
shall฀be฀elected฀for฀terms฀expiring฀at฀the฀next฀annual฀meeting฀of฀shareholders฀and฀without฀regard฀to฀the฀classification฀of฀the฀remaining฀members฀of฀the฀
Board฀of฀Directors,฀and฀vacancies฀among฀directors฀so฀elected฀by฀the฀separate฀class฀vote฀of฀any฀such฀class฀or฀series฀of฀stock฀shall฀be฀filled฀by฀the฀remaining฀
nExhibit฀II—Amendment฀to฀Executive฀Compensation฀for฀Excellence฀and฀Leadership฀Pl