No amendment to Articles. Nothing contained in this Agreement shall be deemed to constitute an amendment of the Articles or of any previous articles of association of the Company.
No amendment to Articles. 3.27.1. Prior to the closing of a Business Combination, the Company covenants and agrees it will not seek to amend or modify its articles of incorporation without the prior approval of its Board of Directors and the affirmative vote of at least a majority of the voting power of the shares of Common Stock.
No amendment to Articles. For a period of seven (7) years after the Closing Date, the Purchaser shall not, and shall not permit the Company, or any successor or assign by amalgamation or otherwise, to amend, repeal or modify any provision in the Company’s articles of incorporation or by-laws relating to the exculpation or indemnification of any current or former officer or director (unless required by law) who, as a representative of the Vendor, served in such capacity, as applicable (each, a “Vendor Rep”), it being the intent of the parties that each Vendor Rep shall continue to be entitled to such exculpation and indemnification to the full extent of the law. If the Company or any successor or assign (i) consolidates or amalgamates with or merges into any other person or (ii) transfers all or substantially all of its properties and assets to any person, then, and in each such case, proper provisions shall be made so that the successors and assigns of the Corporation assume all of the obligations set forth in this Section 10.13. This Section 10.13 is intended for the benefit of, and is enforceable by, each Vendor Rep and his or her heirs, executors and representatives, and are in addition to, and not in substitution for, any other rights to indemnification or contribution that any such person may have had by contract or otherwise and the Vendor is acting as agent and trustee for each Vendor Rep with respect to covenants of the Purchaser under this Section.
