AMENDED AND RESTATED BYLAWS
OF hennessy advisors, INC.
Section 1. PRINCIPAL OFFICES. The board of directors shall fix the location of the principal executive office
of the corporation at any place within or outside the State of California. If the principal executive office is located
outside this state, and the corporation has one or more business offices in this state, the board of directors shall
fix and designate a principal business office in the State of California.
Section 2. OTHER OFFICES. The board of directors or officers of the corporation may at any time establish
branch or subordinate offices at any place or places where the corporation is qualified to do business.
MEETINGS OF SHAREHOLDERS
Section 1. PLACE OF MEETINGS. Meetings of shareholders shall be held at any place within or outside the
State of California designated by the board of directors. In the absence of any such designation, shareholders'
meetings shall be held at the principal executive office of the corporation.
Section 2. ANNUAL MEETING. The annual meeting of shareholders shall be held each year on a date and at a
time designated by the board of directors. At each annual meeting directors shall be elected, and any other
proper business may be transacted.
Section 3. SPECIAL MEETING. A special meeting of the shareholders may be called at any time by the board
of directors, or by the chairman of the board of directors, or by the president, or by one or more shareholders
holding shares in the aggregate entitled to cast not less than ten percent (l0%) of the votes at that meeting. If a
special meeting is called by any person or persons other than the board of directors, the request shall be in
writing, specifying the time of such meeting and the general nature of the business proposed to be transacted, and
shall be delivered personally or sent by registered mail or by telegraphic or other facsimile transmission to the
chairman of the board of directors, t