Common use of Director and Officer Resignations Clause in Contracts

Director and Officer Resignations. The Company shall use commercially reasonable efforts to cause to be delivered to Parent resignations executed by each director and officer of the Company and the Company Subsidiaries in office immediately prior to the Effective Time to be effective as of the Effective Time.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Griffin Capital Essential Asset REIT, Inc.), Agreement and Plan of Merger (Signature Office Reit Inc), Agreement and Plan of Merger (Signature Office Reit Inc)

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Director and Officer Resignations. The Company shall use its commercially reasonable efforts to cause to be delivered to Parent resignations executed by each director and officer of the Company and the Company Subsidiaries in office as of immediately prior to the Effective Time to be and effective as of upon the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (New Senior Investment Group Inc.), Agreement and Plan of Merger (Ventas, Inc.)

Director and Officer Resignations. The Company shall use commercially reasonable efforts to cause to be delivered to Parent resignations executed by each director and officer of the Company and the Company Subsidiaries in office immediately prior to the Effective Time to be effective as of the Second Merger Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Apollo Commercial Real Estate Finance, Inc.), Agreement and Plan of Merger (Apollo Residential Mortgage, Inc.)

Director and Officer Resignations. The At the request of Parent, the Company shall use commercially reasonable efforts to cause to be delivered to Parent resignations executed by obtain a written letter of resignation from each director of the directors and officer officers of the Company and from each of the Company Subsidiaries in office directors and officers of each Subsidiary that will be effective as of immediately prior to the Effective Time to be effective as of the Effective Time.

Appears in 2 contracts

Samples: Original Agreement (Acacia Communications, Inc.), Agreement and Plan of Merger (Acacia Communications, Inc.)

Director and Officer Resignations. The At the request of Parent, the Company shall use commercially reasonable efforts to cause to be delivered to Parent resignations executed by obtain a written letter of resignation from each director of the directors and officer officers of the Company and from each of the Company directors and officers of each of the Company’s Subsidiaries in office that will be effective as of immediately prior to the Effective Time to be effective as of the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cisco Systems, Inc.), Agreement and Plan of Merger (Splunk Inc)

Director and Officer Resignations. The Company shall use commercially reasonable efforts to cause to be delivered to Parent resignations executed by obtain the written resignation of each individual serving as an officer or director and officer of the Company and the Company Subsidiaries in office immediately prior to the Effective Time Time, such resignation to be effective as of take effect at the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Montana Mills Bread Co Inc), Agreement and Plan of Merger (Krispy Kreme Doughnuts Inc)

Director and Officer Resignations. The Company shall use commercially reasonable efforts to cause to be delivered to Parent resignations executed by each director and officer of the Company and the Company its Subsidiaries in office immediately prior to the Effective Time (other than with respect to any directors or officers identified by Parent in writing to the Company two (2) Business Days prior to the Closing Date), which resignations shall be effective as of at the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Broadview Networks Holdings Inc)

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Director and Officer Resignations. The If requested in writing by Parent, the Company shall use commercially reasonable efforts to cause to be delivered obtain and deliver to Parent at the Closing, in form reasonably satisfactory to Parent, resignations effective as of the Effective Time executed by each director and officer of the Company and the Company its Subsidiaries in office immediately prior to the Effective Time to be effective as of the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Vonage Holdings Corp)

Director and Officer Resignations. The Company shall use commercially reasonable best efforts to cause to be delivered to Parent resignations (in form reasonably acceptable to Parent) executed by each director and each officer of the Company and the Company Subsidiaries in office immediately prior to the Effective Time (other than with respect to be effective as any directors or officers identified by Parent in writing to the Company). At the request of Parent, the Effective TimeCompany will use reasonable best efforts to cooperate with Parent to effect the replacement of any such directors and officers selected by Parent.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Patient Safety Technologies, Inc)

Director and Officer Resignations. The Company shall use commercially reasonable efforts to obtain and cause to be delivered to Parent, in form reasonably satisfactory to Parent, resignations effective as of the Parent resignations Merger Effective Time executed by each director and officer of the Company and the Company Subsidiaries in office immediately prior to the Effective Time to be effective as of the Parent Merger Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Silver Bay Realty Trust Corp.)

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