Board Resignations. Wentworth shall have held a meeting of its ------------------- Board of Directors at which meeting all of its directors except one (to be chosen by Wentworth) shall have resigned seriatim and the persons designated by Whitco shall have been elected as directors of Wentworth, all subject to the consummation of the Security Exchange.
Appears in 4 contracts
Samples: Securities Exchange Agreement (Depenbusch Dennis), Securities Exchange Agreement (Wentworth Iii Inc), Securities Exchange Agreement (Doskocil Larry D)
