Common use of No Amendment to Charter Clause in Contracts

No Amendment to Charter. (i) The Company covenants and agrees it will not seek to amend or modify Article IX of its Amended and Restated Articles of Incorporation without the prior approval of its Board of Directors and the affirmative vote of at least 65% of the voting power of the shares of Common Stock. (ii) The Company acknowledges that the purchasers of the Units in this Offering shall be deemed to be third party beneficiaries of this Section 3.29. (iii) The Representative and the Company specifically agree that this Section 3.29 shall not be modified or amended in any way without the approval of at least 65% of the voting power of the shares of Common Stock that were issued in the Offering.

No Amendment to Charter. (i) The Company covenants and agrees it will not seek to amend or modify Article IX 23 of its Amended and Restated Memorandum and Articles of Incorporation Association without the prior approval of its Board of Directors and the affirmative vote of at least 65% of the voting power of the shares of Common StockOrdinary Shares that voted on such matter. (ii) The Company acknowledges that the purchasers of the Units in this Offering shall be deemed to be third party beneficiaries of this Section 3.29. (iii) The Representative and the Company specifically agree that this Section 3.29 shall not be modified or amended in any way without the approval of at least 65% of the voting power of the shares of Common Stock Ordinary Shares that were issued in the Offeringvoted on such matter.

No Amendment to Charter. (i) The Company covenants and agrees it will not seek to amend or modify Article IX [SIXTH] of its Amended and Restated Articles of Incorporation or Bylaws without the prior approval of its Board of Directors and the affirmative vote of at least 65% of the voting power of the shares of Common StockStock that were issued in the Offering. (ii) The Company acknowledges that the purchasers of the Firm Units and Option Units in this Offering shall be deemed to be third party beneficiaries of Section 3.29 of this Section 3.29Agreement. (iii) The Representative and the Company specifically agree that this Section 3.29 shall not be modified or amended in any way without the approval of at least 65% of the voting power of the shares of Common Stock that were issued in the Offering.

No Amendment to Charter. (i) The Company covenants and agrees it will not seek to amend or modify [Article IX SIXTH] of its Amended and Restated Articles Certificate of Incorporation or Bylaws without the prior approval of its Board of Directors and the affirmative vote of at least 65% of the voting power of the shares of Common StockStock that were issued in the Offering. (ii) The Company acknowledges that the purchasers of the Firm Units and Option Units in this Offering shall be deemed to be third party beneficiaries of Section 3.29 of this Section 3.29Agreement. (iii) The Representative and the Company specifically agree that this Section 3.29 shall not be modified or amended in any way without the approval of at least 65% of the voting power of the shares of Common Stock that were issued in the Offering.