Common use of Articles Amendment Clause in Contracts

Articles Amendment. Subject to the receipt of the Articles Amendment Required Vote, the articles of incorporation of Purchaser, as in effect immediately prior to the Effective Time, shall be amended as of the Effective Time in substantially the form set forth in Exhibit A hereto (the “Articles Amendment”) changing the name of Purchaser as of the Effective Time to “WellPoint, Inc.” and increasing the maximum size of the Board of Directors to 20 directors and, as so amended, shall be the articles of incorporation of Purchaser until thereafter amended in accordance with the terms thereof and the IBCL.

Appears in 1 contract

Sources: Merger Agreement (Anthem Inc)

Articles Amendment. Subject to the receipt of the Articles Amendment Required Vote, the articles of incorporation of Purchaser, as in effect immediately prior to the Effective Time, shall be amended as of the Effective Time in substantially the form set forth in Exhibit A hereto (the "Articles Amendment") changing the name of Purchaser as of the Effective Time to "WellPoint, Inc." and increasing the maximum size of the Board of Directors to 20 directors and, as so amended, shall be the articles of incorporation of Purchaser until thereafter amended in accordance with the terms thereof and the IBCL.

Appears in 1 contract

Sources: Merger Agreement (Wellpoint Health Networks Inc /De/)