Appointment of Officers and Directors. Simultaneously upon consummation of the Closing, the persons set forth on Exhibit G shall be appointed to serve as the Company’s officers and directors as set forth opposite each of their names to serve until such time as provided in the Bylaws of the Company.
Appointment of Officers and Directors. TL shall take all action necessary to have the persons designed by Caopu appointed as officers and directors of MBPI, which shall be effective immediately upon the Closing.
Appointment of Officers and Directors. The Parent Board of Directors shall have approved the appointment of officers and directors of Parent as set forth in .
Appointment of Officers and Directors. The Issuer shall have ------------------------------------- delivered to Buyer written resolutions for the Issuer, certified by its secretary, appointing Xx. Xxxxx X. Knickerbocker as a Director of the Issuer and authorizing the execution and delivery of this agreement, and the performance of its covenants and obligations.
Appointment of Officers and Directors. At Closing, three directors selected by Biostem shall be appointed as additional directors of the Company and the current sole director of the Company shall thereafter resign. The officers of the Company shall, after the Closing, be as determined by the reconsituted board of directors of the Company, after giving effect to the addition of the directors selected by Biostem to the Company’s board of directors.
Appointment of Officers and Directors. Simultaneously upon consummation of the Closing, the persons set forth on Exhibit F shall be appointed to serve as the Company's officers and directors as set forth opposite each of their names to serve until such time as provided in the Bylaws of the Company.
Appointment of Officers and Directors. At Closing, the directors currently serving on the board of directors of Pavana Florida shall assume the same offices as directors of Pavana Nevada, and the officers currently serving as such in behalf of Pavana Florida shall be elected by the newly constituted board of directors of Pavana Nevada to serve in the same capacities in behalf of Pavana Nevada. The by-laws of Pavana Florida, as in existence on the date of Closing, shall be adopted by the newly constituted board of directors of Pavana Nevada as the by-laws of Pavana Nevada, except as the same may be require immaterial amendment to conform to the requirements of Nevada law.
Appointment of Officers and Directors. MPC shall take all action necessary to have, effective immediately upon the Closing, (i) the DPW Designees appointed as members of the board of directors of MPC, and (ii) such other Persons appointed to such other positions of MPC as DPW shall have communicated to MPC prior to the Closing.
Appointment of Officers and Directors. As of the Effective Date, the term of the current members of the board of directors of EBS shall expire without further action by any Person. The initial directors of the New Board shall consist of Xxxxxxxxx Xxxxxxx (who shall remain as Chairman on the Effective Date ) and six (6) other directors selected by the Majority Consenting Lenders in their sole discretion and to be disclosed in the Plan Supplement; provided, however, that the Consenting Lenders shall consult in good faith with management and the independent board committee concerning the individuals selected; provided, further, that the Consenting Lenders shall designate sufficient independent directors to comply with NASDAQ listing requirements. The existing officers of Eagle as of the Petition Date shall remain in their current capacities as officers of Eagle.
Appointment of Officers and Directors. Within twenty days of the Closing Date, MID-AM will cause all of its officers and directors to resign from office and to cause to be elected to the Board of Directors of MID-AM those persons designated by DIGITALONE.