Certificate of Decrease of Series 4-A Convertible Preferred Stock of Vsource, Inc.
Vsource, Inc. has officially reduced the number of its Series 4-A Convertible Preferred Stock shares from 25,000 to zero, as approved by its Board of Directors. This action returns those shares to the pool of undesignated preferred stock. The change was made in accordance with Delaware law and is certified by the company's CEO as of June 29, 2005.
CERTIFICATE OF DECREASE
OF
SHARES DESIGNATED
AS
SERIES 4-A CONVERTIBLE PREFERRED STOCK
Vsource, Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware,
DOES HEREBY CERTIFY:
That a Certificate of Designations, Preferences and Rights of said corporation's Series 4-A Convertible Preferred Stock was filed in said office of the Secretary of State on October 23, 2002.
That the Board of Directors of said corporation by the unanimous written consent of its members, filed with the minutes of the Board, on June 29, 2005 duly adopted a resolution authorizing and directing a decrease in the number of shares designated as Series 4-A Convertible Preferred Stock of the corporation, from 25,000 shares to zero shares, in accordance with the provisions of Section 151 of the General Corporation Law of the State of Delaware. The 25,000 shares were returned to the status of undesignated shares of said corporation's Preferred Stock.
IN WITNESS WHEREOF, said corporation has caused this certificate to be signed by Dennis M. Smith, its Chief Executive Officer, this 29th day of June, 2005
| Dennis M. Smith Chief Executive Officer Vsource, Inc. |
