Common use of Board of Directors and Officers of Holdco Clause in Contracts

Board of Directors and Officers of Holdco. Xxxxxx shall, and shall cause Holdco to take, all requisite action to cause the directors and executive officers of Holdco as of the Closing to be as provided in Section 7.16. Each such director and executive officer shall remain in office until his or her successor shall be elected and qualified or his or her earlier death, resignation or removal in accordance with the Holdco Charter and Holdco Bylaws, in each case, as in effect at the time, and the Stockholders and Registration Rights Agreement.

Board of Directors and Officers of Holdco. Xxxxxx Universal shall, and shall cause Holdco to taketo, take all requisite action to cause the directors and executive officers of Holdco as of the Closing to be as provided in Section 7.167.17. Each such director and executive officer shall remain in office until his or her successor shall be elected and qualified or his or her earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of Holdco Charter and Holdco Bylaws, in each case, as in effect at the time, and the Stockholders and Registration Rights Agreement.