Amendment to the Articles Clause Samples

Amendment to the Articles. As soon as reasonably practicable after the date of this Amendment Agreement, each of RBS, Santander and Fortis agree to use their best endeavours to effect amendments to the Articles to the extent necessary such that the Articles are consistent with the terms of this Amendment Agreement.

Amendment to the Articles. The Company’s board of directors has approved the Certificate of Amendment. The Company shall promptly, but not later than thirty (30) days after the Closing Date, file the Proxy Statement with the SEC, and shall mail the Proxy Statement to stockholders within five (5) business days after the SEC has completed its review of the Proxy Statement, of, if the SEC does not review the Proxy Statement, within fifteen (15) business days after the Proxy Statement is filed with the SEC. The Company shall schedule an annual or special meeting of stockholders as soon as possible, but not later than twenty five (25) days after the Proxy Statement is mailed to stockholders. The Company shall file the Certificate of Amendment with the Secretary of State of the State of North Carolina promptly, but not later than three (3) business days after the meeting of stockholders at which the Certificate of Amendment is approved. Mr. Xiqun Yu agrees to vote all shares of Common Stock which he controls in favor of the Certificate of Amendment.

Amendment to the Articles. 12.1.1 The General Meeting may resolve to amend the Articles, provided that such resolution (i) may only be adopted at the proposal of the Board, and (ii) requires a majority of votes cast representing more than one-half of the issued and outstanding capital. 12.1.2 When a proposal to amend the Articles is to be made to the General Meeting, the notice convening the General Meeting must state this and a copy of the proposal, including the verbatim text of the proposal, must be filed and made available at the Company's seat, with copies to be retained at other locations as the Board determines, for inspection by the Shareholders, until the conclusion of the meeting. From the day of filing until the day of the meeting, a Shareholder will, on application, be provided with a copy of the proposal free of charge. An amendment of the Articles will be laid down in a notarial deed executed before a notary officiating in a municipality in the Netherlands.