Common use of Director and Officer Resignations Clause in Contracts

Director and Officer Resignations. Each of the directors and officers of Parent shall have delivered to Parent and the Company an executed resignation letter with an effective date and time agreed upon by the Company.

Appears in 2 contracts

Samples: Merger Agreement (Orthodontix Inc), Merger Agreement (Cape Coastal Trading Corp)

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Director and Officer Resignations. Each of All the directors and officers of Parent shall have delivered to Parent and the Company an executed resignation letter with an effective date and time agreed upon by the Company, except as otherwise contemplated by Section 5.6.

Appears in 1 contract

Samples: Merger Agreement (Epicept Corp)

Director and Officer Resignations. Each of the directors and officers of Parent shall have delivered to Parent and the Company an executed resignation letter with an effective date and time agreed upon by the CompanyCompany and appointment of the directors and officers specified in Section 5.6(a) hereto.

Appears in 1 contract

Samples: Merger Agreement (Sevion Therapeutics, Inc.)

Director and Officer Resignations. Each of To the extent requested by Parent, the incumbent directors and officers of Parent each domestic Company Subsidiary shall have delivered letters of resignation to Parent and Parent, which letters shall provide for the Company an executed resignation letter with an effective date and time agreed effectiveness of such resignations upon by the CompanyEffective Time.

Appears in 1 contract

Samples: Merger Agreement (United Online Inc)

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Director and Officer Resignations. Each of Parent shall have received resignation letters executed and delivered by the directors and officers of Parent shall have delivered to Parent and the Company an executed resignation letter with an effective date and time agreed upon by the Company, except as may be otherwise requested by Parent prior to the Closing Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entrust Inc)

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