MEMORANDUM OF ORGANIZATION AND OPERATING AGREEMENT OF JOHNSON POLYMER, LLC
Exhibit 3.31
MEMORANDUM OF ORGANIZATION
XXXXXXX POLYMER, LLC
The undersigned, JOHNSONDIVERSEY, INC., a Delaware corporation (the “Sole Member”), is entering into this Memorandum of Organization for
purposes of forming a limited liability company under Wisconsin law. The undersigned acknowledges and agrees as follows:
1. The Articles of Organization of XXXXXXX POLYMER, LLC (the “Company”), filed in the office of the Wisconsin Department of Financial Institutions effective as of October 1, 2002, are hereby adopted, ratified and
confirmed.
2. This Memorandum of Organization shall constitute the Operating Agreement of the
Company and together with the applicable provisions of the Wisconsin Limited Liability Act, Wisconsin Statutes Chapter 183, as modified by this Memorandum of Organization, shall govern all rights and obligations of the Sole Member of the Company.
3. The Company shall be managed by its Sole Member and shall conduct such operations and
business as the Sole Member shall determine are in its best interests.
4. At any time when there
is only one member of the Company and there in an event of dissociation, including a member ceasing to be a member of the Company by reason of death, a sale or other transfer of interest or bankruptcy, the person, persons or entity succeeding to the
member’s interest as a result of such event of dissociation shall be a member without further action on the part of the transferee, the Company, or the dissociated member and such event of dissociation shall not cause or result in the
dissolution of the Company.
5. In the discretion of the Sole Member, the officers of the Company
may include a President, one or more Vice Presidents, a Secretary, an Assistant Secretary, a Treasurer and an Assistant Treasurer. At the discretion of the Sole Member, the Company may also have other officers appointed in accordance with the
provisions of this section 5. The following provisions shall apply with respect to officers:
(a) Any number of offices may be held by the same person.
(b) Any officer may be removed, with or without cause, by the Sole Member or by such other
officer, if any, upon whom such power of removal may be conferred by the Sole Member.
(c) The
President shall be the principle executive officer of the Company and, subject to the control and direction of the Sole Member, shall in general supervise and control all of the day-to-day business and affairs of the Company unless the Sole Member
appoints another individual to so preside.
(d) The Sole Member may appoint such additional
officers as the business of the Company may require, each of whom shall hold office for such period and have such authority and perform such duties as are provided for in this Memorandum of Organization or as the Sole Member may from time to time
determine.
(e) The salaries of the principle officers, if any, shall be fixed from time to time
by the Sole Member.
(f) Nothing contained in this section 5 shall affect or be construed as
affecting the terms of any contract of employment between the Company and any officer.
6. Each
of the following individuals is elected to the office stated opposite to such person's name, to serve until such person's successor shall have been duly elected and qualified or until his death, resignation or removal:
J. Xxxx Xxxxx |
President | |
Xxxxxxx X. Xxxxxx |
Vice-President | |
XxXxxx Xxxxxxx |
Vice-President | |
Xxxxxxx Xxxxxxxxx |
Vice-President Operations | |
Xxxx Xxxxxxx |
Vice-President Global Product Product Innovation and New Technology |
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Xxxxx X. Xxxxx |
Secretary | |
Xxxxx X. Xxxxxx |
Vice President and Treasurer | |
Xxxxxx Xxxxx |
Assistant Secretary | |
Xxxxxxx X. Xxxxxxxxxx |
Assistant Treasurer |
7. The Sole Member is hereby authorized and
directed in the name and on behalf of the Company, to take any and all actions and to sign all documents the Sole Member deems necessary to organize the Company.
8. This Operating Agreement may be amended or revoked at any time by the Sole Member.
Dated this 1st day of October, 2002.
SOLE MEMBER: JOHNSONDIVERSEY, INC. | ||
By: |
/s/ XXXXXX
XXXXXXX | |
Its: |
Senior Vice President, CAO and General
Counsel |
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