Common use of Director Matters Clause in Contracts

Director Matters. Company shall cause to be delivered to Buyer resignations of all the directors of Company and its Subsidiaries, such resignations to be effective as of the Effective Time.

Appears in 4 contracts

Samples: Merger Agreement (Eagle Bancorp Montana, Inc.), Merger Agreement (Eagle Bancorp Montana, Inc.), Merger Agreement (Eagle Bancorp Montana, Inc.)

AutoNDA by SimpleDocs

Director Matters. Company shall use commercially reasonable efforts to cause to be delivered to Buyer resignations of all the directors of Company and its Subsidiaries, such resignations to be effective as of the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (Eagle Bancorp Montana, Inc.), Merger Agreement (Seacoast Banking Corp of Florida)

Director Matters. Company shall cause to be delivered to Buyer resignations of all the directors of Company and its SubsidiariesSubsidiaries (except for one director of Company to be selected by the Buyer), such resignations to be effective as of the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Sunnyside Bancorp, Inc.)

AutoNDA by SimpleDocs

Director Matters. Company shall cause to be delivered to Buyer resignations of all the directors of Company and its SubsidiariesSubsidiaries who are not Continuing Directors, such resignations to be effective as of the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (Sunnyside Bancorp, Inc.)

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