Exhibit
3.2
CERTIFICATE OF AMENDMENT
OF
ARTICLES OF INCORPORATION
OF
OCULUS INNOVATIVE SCIENCES, INC.
Hojabr Alimi and Richard Conley certify that:
1. They are the President and Secretary, respectively, of Oculus Innovative Sciences, Inc., a
California corporation.
2. Article III.A of the Companys Articles of Incorporation is hereby amended to read in its
entirety as follows:
Classes of Stock. The Corporation is authorized to issue two classes of stock to be
designated, respectively, Common Stock and Preferred Stock. The total number of shares which
the Corporation is authorized to issue is one hundred thirty million (130,000,000) shares. Of such
authorized shares, one hundred million (100,000,000) shall be designated as Common Stock and thirty
million (30,000,000) shall be designated as Preferred Stock. Five million five hundred thousand
(5,500,000) shares of the Preferred Stock are designated Series A Preferred Stock and nine
million (9,000,000) shares of the Preferred Stock are designated Series B Preferred Stock. The
rights, preferences, privileges and restrictions granted to and imposed on the Series A Preferred
Stock are as set forth below in Article III(B).
3. The foregoing amendment of Articles of Incorporation has been duly approved by the Board of
Directors.
4. The foregoing amendment of Articles of Incorporation has been duly approved by the required
vote of shareholders in accordance with Section 902 of the California General Corporation Law. The
total number of outstanding shares of this corporation is 15,658,612 shares of Common Stock,
5,351,244 shares of Series A Preferred Stock, and 3,392,431 shares of Series B Preferred Stock.
The number of shares voting in favor of the amendment equaled or exceeded the vote required. The
percentage vote required was (i) more than fifty percent (50%) of the outstanding shares of Series
A Preferred Stock and Series B Preferred Stock voting together as a single class, (ii) more than
fifty percent (50%) of the outstanding shares of Series B Preferred Stock voting as a single class,
and (ii) more than fifty percent (50%) of the outstanding shares of Common Stock, Series A
Preferred Stock and Series B Preferred Stock voting together as a single class.
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The undersigned declare under penalty of perjury that the matters set forth in the foregoing
certificate are true of their own knowledge.
Executed at Petaluma, California on March 15, 2005.
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/s/
Hojabr Alimi
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Hojabr Alimi, President |
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/s/
Richard Conley
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Richard Conley, Secretary |
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