Common use of Board Resignations Clause in Contracts

Board Resignations. Target shall have received written letters of resignation from the Target Board of Directors from each of the current members of such Board, in each case effective at the Effective Time.

Appears in 8 contracts

Samples: Merger Agreement (Durect Corp), Merger Agreement (Yahoo Inc), Merger Agreement (Yahoo Inc)

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Board Resignations. Target shall have received written letters of resignation from the Target Board of Directors from each of the current members of such Boardthe Target Board of Directors and from each officer of Target, in each case effective at the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (Deltagen Inc), Merger Agreement (Deltagen Inc)

Board Resignations. Target shall have received written letters ------------------ of resignation from the Target Board of Directors from each of the current members of such Board, in each case effective at the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Worldres Com Inc)

Board Resignations. Target shall have received written ------------------ letters of resignation from the Target Board of Directors from each of the current members of such Boardthe Target Board of Directors and from each officer of Target, in each case effective at the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Applied Micro Circuits Corp)

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Board Resignations. Target shall have received written ------------------ letters of resignation from the Target Board of Directors from each of the current members of such Board, in each case effective at the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Durect Corp)

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