Articles of Incorporation, Bylaws and Management. The Articles of Incorporation and Bylaws of MFC in effect at the Effective Time shall be the Articles of Incorporation and Bylaws of MFC as the surviving corporation in the Merger, and the officers and directors of MFC in office at the Effective Time shall continue to hold such offices until removed as provided by law or until the election or appointment of their respective successors.
Appears in 3 contracts
Samples: Agreement and Plan (Mountainbank Financial Corp), Agreement and Plan (Mountainbank Financial Corp), Agreement and Plan (CNB Holdings Inc)
Articles of Incorporation, Bylaws and Management. The Articles of Incorporation and Bylaws of MFC in effect at the Effective Time shall be the Articles of Incorporation and Bylaws of MFC as the surviving corporation in the Merger, and the officers and directors of MFC in office at the Effective EXHIBIT 2.1 Time shall continue to hold such offices until removed as provided by law or until the election or appointment of their respective successors.
Appears in 1 contract