Common use of Director and Officer Appointments Clause in Contracts

Director and Officer Appointments. As of the Effective Time, Parent shall have taken all action to cause the persons as set forth on Schedule 6.1 to be appointed Parent’s directors and officers, and the current officers and directors of Parent on Schedule 6.1 shall have resigned from Parent. Parent shall use its best efforts to have a majority of its board members be independent by the director independence standards established by the NASDAQ Stock Market.

Appears in 2 contracts

Samples: Merger Agreement (Synergy CHC Corp.), Merger Agreement (Oro Capital Corporation, Inc.)

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Director and Officer Appointments. As of the Effective Time, Parent shall have taken all action to cause the persons as set forth on Schedule 6.1 to be appointed ParentXxxxxx’s directors and officers, and the current officers and directors of Parent on Schedule 6.1 shall have resigned from Parent. Parent shall use its best efforts to have a majority of its board members be independent by the director independence standards established by the NASDAQ Stock Market.

Appears in 1 contract

Samples: Merger Agreement (Synergy CHC Corp.)

Director and Officer Appointments. As of the Effective Time, Parent shall have taken all action to cause the persons as set forth on Schedule 6.1 to be appointed Parent’s directors and officers, and the current officers and directors of Parent on Schedule 6.1 shall have resigned from Parent. Parent shall use its best efforts to have a majority of its board members be independent by the director independence standards established by the NASDAQ Stock Market.

Appears in 1 contract

Samples: Merger Agreement (Homie Recipes, Inc.)

Director and Officer Appointments. (a) As of the Effective Time, Parent shall have taken all action to cause the persons as set forth on Schedule 6.1 6.5 to be appointed Parent’s directors and officers, and the current officers and directors of Parent on Schedule 6.1 6.5 shall have resigned from Parent. Parent shall use its best efforts to have a majority of its board members be independent by the director independence standards established by the NASDAQ Stock Market.

Appears in 1 contract

Samples: Merger Agreement (Mount Knowledge Holdings, Inc.)

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Director and Officer Appointments. As of the Effective Time, Parent shall have taken all action to cause the persons as set forth on Schedule 6.1 6.5 to be appointed Parent’s directors and officers, and the current officers and directors of Parent on Schedule 6.1 6.5 shall have resigned from Parent. Parent shall use its best efforts to have a majority of its board members be independent by the director independence standards established by the NASDAQ Stock Market.

Appears in 1 contract

Samples: Merger Agreement (Rightscorp, Inc.)

Director and Officer Appointments. As of the Effective Time, Parent shall have taken all action to cause the persons as set forth on Schedule 6.1 6.6 to be appointed Parent’s directors and officers, and the current officers and directors of Parent on Schedule 6.1 6.6 shall have resigned from Parent. Parent shall use its best efforts to have a majority of its board members be independent by the director independence standards established by the NASDAQ Stock Market.

Appears in 1 contract

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

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