Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

a.) On July 31, 2009, the Board of Directors of the Corporation amended the Corporation's By-Laws to add new Section 5.15 to Article 5 thereof, in order to elect not to be governed by new Indiana Code Section 23-1-33-6(c) of the Indiana Business Corporation Law (the "IBCL"). The new IBCL provision, which became effective July 1, 2009, imposes mandatory staggered terms for the members of the board of directors of all public companies incorporated in Indiana unless, on or before July 31, 2009, the company adopts a bylaw expressly electing not to be governed by the provision. Even if a company elects to "opt out" of the mandatory IBCL staggered board requirement, the company may maintain or adopt a staggered board in compliance with the provisions of the company's articles or bylaws. A company that does opt out on or before July 31, 2009, may subsequently rescind the election to opt out and cause the company to become subject to the mandatory staggered board requirement.

The Corporation currently maintains a staggered Board of Directors in compliance with its By-Laws. The new provision of the Corporation's By-laws is attached as Exhibit 3.1 to this Current Report on Form 8-K and is incorporated herein by reference.

ITEM 9.01. Financial Statements and Exhibits.

     d.) Exhibits

 

 

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

EXHIBIT INDEX