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: Merger Agreement (Headwaters Inc), Merger Agreement (New Residential Investment Corp.), Merger Agreement (Home Loan Servicing Solutions, Ltd.)
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: Merger Agreement (Endurance International Group Holdings, Inc.)
