AVTX BOARD OF DIRECTORS. At the Effective Time of the Merger or in accordance with applicable law, all of the officers and members of the board of directors of AVTX shall tender their resignations as officers and directors of AVTX, and the vacancies created on the AVTX board of directors shall be filled by persons designated by the Board of Directors of SXAN.
Appears in 4 contracts
Samples: Share Purchase and Merger Agreement, Share Purchase and Merger Agreement (Infrared Systems International), Share Purchase and Merger Agreement (Infrared Systems International)