Director Resignation. The Company shall use reasonable best efforts to obtain the resignation of all of the members of the Company Board who are in office immediately prior to the Effective Time (and to the extent requested by Parent, from any member of the board of directors (or any equivalent) of each Company Subsidiary), which resignations shall be effective at, and contingent upon the occurrence of, the Effective Time.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Headwaters Inc), Agreement and Plan of Merger (New Residential Investment Corp.), Agreement and Plan of Merger (Home Loan Servicing Solutions, Ltd.)
Director Resignation. The At the written request of Parent prior to the Closing, the Company shall use reasonable best efforts to obtain the resignation of all of the members of the Company Board specified in such request by Parent who are in office immediately prior to the Effective Time (and to the extent requested by Parent, from any member of the board of directors (or any equivalent) of each Company Subsidiary)Time, which resignations shall be effective at, and contingent upon the occurrence of, the Effective Time.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Home Loan Servicing Solutions, Ltd.), Agreement and Plan of Merger (New Residential Investment Corp.)
Director Resignation. The Except as otherwise may be agreed by Parent, the Company shall use its reasonable best efforts to obtain deliver to Parent the resignation of all of the members of the Company Board of Directors who are in office immediately prior to the Effective Time (and to the extent requested by Parent, from any member of the board of directors (or any equivalent) of each Company Subsidiary)Time, which resignations shall be effective at, and contingent upon as of (but conditioned on the occurrence of, ) the Effective Time.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Univar Solutions Inc.)
Director Resignation. The Company shall use reasonable best efforts to obtain the resignation of all of the members of the Company Board who are in office immediately prior to the Effective Time (and to the extent requested by Parent, from any member of the board of directors (or any equivalent) of each Company SubsidiarySubsidiary of the Company), which resignations shall be effective at, and contingent conditioned upon the occurrence of, the Effective Time.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Endurance International Group Holdings, Inc.)
