Eaton Vance Corp.
Extract: Charter Amendment (Plain English Desc) from a 8-K on 10/08/2020   Download
SEC Document
SEC Filing

Amendment to Company’s Articles of Incorporation

On October 9, 2020, the Company will file Articles of Amendment (the “Articles Amendment”) to the Company’s Articles of Incorporation, as amended (the “Articles”), with the State Department of Assessments and Taxation of Maryland, which will become effective immediately upon filing. The Articles Amendment modifies the Articles to include new Section (10) to Article NINTH. This Section (10) eliminates, to the fullest extent permitted by Maryland law, current and former directors’ and officers’ liability to the Company and its stockholders for money damages, except for liability resulting from (i) actual receipt of an improper benefit or profit in money, property or services or (ii) active and deliberate dishonesty established by a final judgment and which is material to the cause of action.