Common use of Certain Resignations Clause in Contracts

Certain Resignations. The Company will use reasonable best efforts to assist Buyer in procuring the resignation, effective as of the Effective Time, of all of the members of the Boards of Directors of the Company and its Subsidiaries whose resignations are requested by Buyer.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Minntech Corp), Agreement and Plan of Merger (Cantel Medical Corp), Agreement and Plan of Merger (Diker Charles M)

AutoNDA by SimpleDocs

Certain Resignations. The Company will use reasonable best efforts to assist Buyer in procuring the resignation, effective as of the Effective Time, of all of the members of the Boards of Directors of the Company and its Subsidiaries whose resignations are requested by BuyerSubsidiaries.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Optika Inc), Agreement and Plan of Merger (Stellent Inc)

Certain Resignations. The Company will use all reasonable best efforts to assist Buyer in procuring procure the resignationresignation (from director or officer status, but not from employee status), effective as of the Effective Time, of all of the members of the Boards of Directors of the Company and its Subsidiaries and all officers of the Company and its Subsidiaries whose resignations are requested by Buyer.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Oroamerica Inc)

Certain Resignations. The Company will use all reasonable best efforts to assist Buyer in procuring the resignation, effective as of the Effective Time, of all of the members of the Boards of Directors of the Company and its Subsidiaries whose resignations are requested by Buyerthe Company's subsidiaries and of all officers of the Company and the Company's subsidiaries as such officers; provided, however, that those persons resigning as officers of the Company and the Company's subsidiaries shall continue as employees thereof until such employment is terminated.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alpine Lace Brands Inc)

AutoNDA by SimpleDocs

Certain Resignations. The Company will use reasonable best efforts to assist Buyer in procuring the resignation, effective as of the Effective Time, of all of the members of the Boards of Directors of the Company and its Subsidiaries whose resignations are requested by BuyerCompany's Subsidiaries.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netsilicon Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!