Common use of State Takeover Statutes; Certain Charter Provisions Clause in Contracts

State Takeover Statutes; Certain Charter Provisions. Prior to the date hereof, the Board of Directors of the Company has approved this Agreement and the Merger and the other transactions contemplated hereby, and such approval is sufficient to render inapplicable to the Merger the provisions of Title 35 of the South Carolina Code and the provisions of Article 9(j) of the Company's Articles of Incorporation.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Computer Sciences Corp), Agreement and Plan of Merger (Policy Management Systems Corp), Agreement and Plan of Merger (Policy Management Systems Corp)

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