1 Exhibit 3.4 FEDERAL IDENTIFICATION No. 04-2448516 ------------------ THE COMMONWEALTH OF MASSACHUSETTS WILLIAM FRANCIS GALVIN Secretary of the Commonwealth One Ashburton Place, Boston, Massachusetts 02108-1512 ARTICLES OF AMENDMENT (GENERAL LAWS, CHAPTER 156B, SECTION 72) We, Norman E. Drapeau, Jr. *President ---------------------------------------------------------------, and Paul D. Birch *Clerk -------------------------------------------------------------------, of Project Software & Development, Inc. ---------------------------------------------------------------------------, (Exact name of corporation) located at 100 Crosby Drive, Bedford, MA 01730 -------------------------------------------------------------------, (Street address of corporation in Massachusetts) certify that these Articles of Amendment affecting articles numbered: Article III - -------------------------------------------------------------------------------- (Number those articles 1, 2, 3, 4, 5 and/or 6 being amended) of the Articles of the Organization were duly adopted at a meeting held on December 15, 1999, by vote of: - ----------- -- 8,109,597 shares of Common Stock of 10,650,906 shares outstanding, - --------- -------------------------- ---------- (type, class & series, if any) shares of of shares outstanding, - --------- -------------------------- ---------- (type, class & series, if any) shares of of shares outstanding, - --------- -------------------------- ---------- (type, class & series, if any) (1)** being at least a majority of each type, class or series outstanding and entitled to vote thereon: * Delete the inapplicable words. ** Delete the inapplicable clause. (1) For amendments adopted pursuant to Chapter 156B, Section 70. (2) For amendments adopted pursuant to Chapter 156B, Section 71. Note: If the space provided under any article or item on this form is insufficient, additions shall be set forth on one side only of a separate 8 1/2 x 11 sheets of paper with a left margin of at least 1 inch. Additions to more than one article may be made on a single sheet so long as each article requiring each addition is clearly indicated. 2 To change the number of shares and the par value (if any) of any type, class or series of stock which the corporation is authorized to issue, fill in the following: The total presently authorized is: - ------------------------------------------------------------------------------------------------------- WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS - ------------------------------------------------------------------------------------------------------- TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE - ------------------------------------------------------------------------------------------------------- Common: Common: 15,350,000 $.01 - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Preferred: Preferred: 1,000,000 $.01 - ------------------------------------------------------------------------------------------------------- Series A Junior Participating Preferred Stock - 16,000; Undesignated - 984,000 - ------------------------------------------------------------------------------------------------------- Change the total authorized to: - ------------------------------------------------------------------------------------------------------- WITHOUT PAR VALUE STOCKS WITH PAR VALUE STOCKS - ------------------------------------------------------------------------------------------------------- TYPE NUMBER OF SHARES TYPE NUMBER OF SHARES PAR VALUE - ------------------------------------------------------------------------------------------------------- Common: Common: 50,000,000 $.01 - ------------------------------------------------------------------------------------------------------- - ------------------------------------------------------------------------------------------------------- Preferred: Preferred: 1,000,000 $.01 - ------------------------------------------------------------------------------------------------------- Series A Junior Participating Preferred Stock - 16,000; Undesignated - 984,000 - ------------------------------------------------------------------------------------------------------- 3 Voted: To amend the Company's Restated Articles of Organization to increase the authorized Common Stock, par value $.01 per share, from 15,350,000 to 50,000,000 shares. The foregoing amendment(s) will become effective when these Articles of Amendment are filed in accordance with General Laws, Chapter 156B, Section 6 unless these articles specify, in accordance with the vote adopting the amendment, a later effective date not more than thirty days after such filing, in which event the amendment will become effective on such later date. Later effective date: _____________________________ . SIGNED UNDER THE PENALTIES OF PERJURY, this 15th day of December 1999 ---- ------------- , ---- , /s/ Norman E. Drapeau, Jr. *President - ------------------------------------------------------------------- , /s/ Paul D. Birch *Clerk - -----------------------------------------------------------------------, * Delete the inapplicable words. 4 THE COMMONWEALTH OF MASSACHUSETTS ARTICLES OF AMENDMENT (GENERAL LAWS, CHAPTER 156B, SECTION 72) ================================================================================ I hereby approve the within Articles of Amendment and, the filing fee in the amount of $ _________ having been paid, said articles deemed to have been filed with me this ______ day of ____________ 19 _____ . Effective date: _______________________________ WILLIAM FRANCIS GALVIN Secretary of the Commonwealth TO BE FILLED IN BY CORPORATION PHOTOCOPY OF DOCUMENT TO BE SENT TO: Jeffrey D. Collins, Esq. ------------------------------------------------ Foley, Hoag & Eliot LLP, One Post Office Square ------------------------------------------------ Boston, MA 02109 ------------------------------------------------ (617) 832-1265