Common use of Director and Officer Resignations Clause in Contracts

Director and Officer Resignations. Parent shall have received written resignation letters from each of the directors and officers of the Company and each other Acquired Company requested by Parent effective as of the Effective Time.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Manchester Technologies Inc), Agreement and Plan of Merger (Electrograph Holdings, Inc.)

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Director and Officer Resignations. Parent shall have received written resignation letters from each 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 each other Acquired Company requested time agreed upon by Parent effective as of the Effective TimeCompany.

Appears in 2 contracts

Samples: Merger Agreement and Plan of Reorganization (Orthodontix Inc), Merger Agreement and Plan of Reorganization (Cape Coastal Trading Corp)

Director and Officer Resignations. Parent shall have received written resignation letters from each of executed and delivered by the directors and officers of the Company and each other Acquired Company Company, except as may be otherwise requested by Parent effective as of prior to the Effective TimeClosing Date.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Entrust Inc)

Director and Officer Resignations. Parent shall have received written resignation letters from each 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 and each other Acquired Company requested by Parent effective as appointment of the Effective Timedirectors and officers specified in Section 5.6(a) hereto.

Appears in 1 contract

Samples: Agreement (Sevion Therapeutics, Inc.)

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Director and Officer Resignations. Parent shall have received written resignation letters from each of To the extent requested by Parent, the incumbent directors and officers of each domestic Company Subsidiary shall have delivered letters of resignation to Parent, which letters shall provide for the Company and each other Acquired Company requested by Parent effective as effectiveness of such resignations upon the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Online Inc)

Director and Officer Resignations. Parent shall have received written resignation letters from 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 each other Acquired Company requested time agreed upon by Parent effective the Company, except as of the Effective Timeotherwise contemplated by Section 5.6.

Appears in 1 contract

Samples: Merger Agreement and Plan of Reorganization (Epicept Corp)

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