EXHIBIT 3.2 By-Laws
BY-LAWS OF SHIPROCK, INC.
ARTICLE I
OFFICES
1. THE PRINCIPAL OFFICES of the corporation shall be in the City Apache Junction, State of Arizona. The
corporation may have such other offices within or without the State of Arizona as the Board of Directors may
designate or as the business of the corporation may from time to time require.
ARTICLE II
STOCKHOLDERS
1. ANNUAL MEETING. The annual meeting of the stockholders shall be held on the first Monday in June of
each year commencing with the year 2000 at the hour of 10:00 a.m. for the purpose of electing directors and
officers and for the transaction of other business that may come up before the meeting. If the day fixed for the
annual meeting shall be declared a legal holiday, such meeting shall be held on the next succeeding business day.
If the election of Directors shall not be held on the day designated herein for any annual meeting of the
shareholders, or at any adjournment thereof, the Board of Directors shall cause the election to be held at a
special meeting of the shareholders as soon thereafter as soon as conveniently may be.
2. SPECIAL MEETING. Special meeting of the stockholders may be called by the directors, or by the
President. Special meetings shall be called any time upon the request of the stockholders owning not less than fifty
percent (50%) of the outstanding stock of the corporation entitled to vote at such meeting.
3. PLACE OF MEETING. All meetings of the stockholders shall be held at the principal office of the
corporation in the City of Apache Junction, State of Arizona or at such other place as shall be determined from
time to time by the Board of Directors. If the place of the meeting is not at the principal offices of the corporation,
the place of such meeting shall be stated in the call of the meeting.
4. NOTICE OF MEETING. Notice of the time and place of the annual meeting of stockholders shall be given by
mailing written notice of the meeting at least ten (10) days prior to the meeti