AMENDMENT TO THE LIMITED LIABILITY COMPANY AGREEMENT OF AMPAC FINE CHEMICALS LLC
Exhibit 3.22
This Amendment (this “Amendment”) to the Limited Liability Company Agreement of Ampac Fine
Chemicals LLC (the “Company”) dated as of October 22, 2005 (the “Agreement”), is
made as of the 30th day of November, 2005, by American Pacific Corporation, a Delaware corporation,
as the sole member of the Company (the “Member”).
Pursuant to Section 13 of the Agreement, Section 6.1 of the Agreement is amended and restated as
follows:
Capital Contribution. The Member shall contribute $100.00 in cash and no other
property, to the Company as its initial “Capital Contribution” and this will be reflected in
the Company’s records. In exchange for its initial Capital Contribution, the Member shall
receive 100% of the membership interests in the Company.
Pursuant to Section 13 of the Agreement, Section 8 of the Agreement is amended and restated as
follows:
Assignments. The Member may transfer or assign (including as a collateral
assignment or pledge) or otherwise encumber in whole or in part its limited liability
company interest. In connection with a voluntary transfer or assignment by the Member of
its entire limited liability company interest in the Company, the Member will automatically
withdraw and the assignee will automatically and simultaneously be admitted as the successor
Member without any further action at the time such voluntary transfer or assignment becomes
effective under applicable law and the Company shall be continued without dissolution. In
connection with a partial assignment or transfer by the Member of its limited liability
company interest in the Company, this Agreement shall be amended to reflect the fact that
the Company will have more than one member or one member and one or more economic interest
holding assignees.
IN WITNESS WHEREOF, the undersigned has duly executed this Amendment as of the day and year
first aforesaid.
| AMERICAN PACIFIC CORPORATION |
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| By: | /s/ Xxxx Xxx Xxxxxxxx | |||
| Name: | Xxxx Xxx Xxxxxxxx | |||
| Title: | Chief Financial Officer | |||
