Common use of Board of Directors and Officers of the Surviving Corporation Clause in Contracts

Board of Directors and Officers of the Surviving Corporation. (a) The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation immediately after the Effective Time, with each such director to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Corporation, in each case until his or her successor is duly elected or appointed and qualified or until his or her earlier death, resignation or removal.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Accelrys, Inc.), Agreement and Plan of Merger (Accelrys, Inc.)

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Board of Directors and Officers of the Surviving Corporation. (a) The On and after the Effective Date, the directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation immediately after the Effective Time, with each such director to hold office in accordance with the certificate of incorporation and bylaws officers of the Surviving Corporation, in each case until his or her successor is such time as their successors are elected and duly elected or appointed and qualified or until his or her earlier death, resignation or removalqualified.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sovereign Bancorp Inc), Agreement and Plan of Merger (First Essex Bancorp Inc)

Board of Directors and Officers of the Surviving Corporation. (a) Section 2.5.1 The board of directors of Merger Sub immediately prior to the Effective Time shall be the board of directors of the Surviving Corporation immediately after at the Effective Time, with each such director to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Corporation, in each case until his or her successor is duly elected or appointed and qualified or until his or her earlier death, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Check Point Software Technologies LTD)

Board of Directors and Officers of the Surviving Corporation. (a) The At the Effective Time, the directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation immediately after the Effective Timeand officers, with each such director to hold office in accordance with the certificate of incorporation and bylaws respectively, of the Surviving Corporation, in each case to hold office until his or her successor is their respective successors are duly elected and qualified, or appointed and qualified or until his or her their earlier death, resignation or removal.

Appears in 1 contract

Samples: Merger Agreement (Quepasa Com Inc)

Board of Directors and Officers of the Surviving Corporation. (a) The At the ------------------------------------------------------------ Effective Time, the directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation immediately after the Effective Timeand officers, with each such director to hold office in accordance with the certificate of incorporation and bylaws respectively, of the Surviving Corporation, in each case to hold office until his or her successor is their respective successors are duly elected and qualified, or appointed and qualified or until his or her their earlier death, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nexthealth Inc)

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Board of Directors and Officers of the Surviving Corporation. (a) The directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation immediately after the Effective Time, with each such director to hold office in accordance with the certificate of incorporation and bylaws officers of the Surviving Corporation, in each case until his the earlier of their respective resignation or her successor is removal or until their respective successors are duly elected or appointed and qualified or until his or her earlier deathqualified, resignation or removalas the case may be. The directors and officers of the Company shall cease to have any powers in respect of the Surviving Corporation at the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Allied Riser Communications Corp)

Board of Directors and Officers of the Surviving Corporation. (a) The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation immediately after the Effective Time, with each such director to hold office in accordance with the certificate articles of incorporation and bylaws of the Surviving Corporation, in LEGAL_US_W # 81125885.11 each case until his or her successor is duly elected or appointed and qualified or until his or her earlier death, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Novatel Wireless Inc)

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