Section 203 of the Delaware General Corporation Law. Effective as of the date of this Agreement, the Company and each of the Resigning Directors agree that the Board of Directors of the Company (the “Board”), has taken all actions necessary to ensure the Investment will be approved for purposes of Section 203 of the Delaware General Corporation Law.
Appears in 2 contracts
Sources: Investment Agreement (Echo Therapeutics, Inc.), Investment Agreement (Platinum Partners Value Arbitrage Fund, LP)