Actions of Directors and Officers. Prior to the execution of this Agreement, Litronic shall (i) elect the directors of Litronic Merger Corp. and (ii) cause the directors of Litronic Merger Corp. to elect officers. As promptly as practicable following the execution of this Agreement, Litronic shall (i) cause the Merger Agreement (as defined in Section 2.2) to be executed on behalf of Litronic Merger Corp., (ii) cause the directors and officers of Litronic Merger Corp. to take such steps as may be necessary or appropriate to complete the organization of Litronic Merger Corp. and to approve the Merger Agreement, and (iii) take all necessary action as the stockholder of Litronic Merger Corp. to adopt and approve this Agreement, the Merger Agreement and the transactions contemplated hereby and thereby.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (SSP Solutions Inc), Agreement and Plan of Reorganization (Shah Kris & Geraldine Family Trust)
