Common use of Director Resignations Clause in Contracts

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Subsidiaries to be effective upon the consummation of the Merger.

Appears in 8 contracts

Samples: Merger Agreement, Merger Agreement (American Fiber Systems, Inc.), Merger Agreement (Fibernet Telecom Group Inc\)

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Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Company’s Subsidiaries to be effective upon the consummation of the Merger. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 6 contracts

Samples: Merger Agreement (Us Unwired Inc), Merger Agreement (Ubiquitel Inc), Agreement and Plan of Merger (Sprint Corp)

Director Resignations. The Company shall cause to be delivered to the Parent resignations of all the directors of the Company and its the Subsidiaries to be effective upon the consummation of the Merger. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by the Parent to fill such vacancies.

Appears in 5 contracts

Samples: Merger Agreement (United Parcel Service Inc), Merger Agreement (Ivillage Inc), Merger Agreement (Women Com Networks Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Subsidiaries (other than those designated by Parent) to be effective upon the consummation of the Merger.

Appears in 3 contracts

Samples: Merger Agreement (Promotions Com Inc), Merger Agreement (Ivillage Inc), Merger Agreement (Ivillage Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Company's Subsidiaries to be effective upon the consummation purchase of at least a majority of the Mergeroutstanding shares of Company Common Stock by Buyer pursuant to the Initial Offer. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 2 contracts

Samples: Merger Agreement (General Electric Co), Merger Agreement (Showpower Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Company's Subsidiaries to be effective upon the consummation purchase of outstanding shares of Company Common Stock by Sub pursuant to the MergerInitial Offer. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 2 contracts

Samples: Merger Agreement (Cfi Proservices Inc), Merger Agreement (Harland John H Co)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Company’s Subsidiaries to be effective upon the consummation of the MergerEffective Time. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 2 contracts

Samples: Merger Agreement (iPCS, INC), Merger Agreement (Sprint Nextel Corp)

Director Resignations. The Company shall cause to be --------------------- delivered to Parent resignations of all the directors of the Company and its Company's Subsidiaries to be effective upon the consummation of the Merger. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 2 contracts

Samples: Merger Agreement (Sprint Corp), Merger Agreement (Sprint Corp)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Subsidiaries to be effective upon at the consummation of the MergerEffective Time. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 2 contracts

Samples: Merger Agreement (General Electric Co), Merger Agreement (Bha Group Inc)

Director Resignations. The Company shall use its commercially reasonable efforts to cause to be delivered to Parent resignations of all the directors of the Company and its Company's Subsidiaries to be effective upon the consummation of the Merger.

Appears in 2 contracts

Samples: Merger Agreement (Rocket Software Inc), Merger Agreement (Odwalla Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all of the non-independent directors of the Company and its Company’s Subsidiaries to be effective upon the consummation of the REIT Merger.

Appears in 2 contracts

Samples: Merger Agreement (Prime Group Realty Trust), Merger Agreement (Prime Group Realty Trust)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all of the directors of the Company and its Company’s Subsidiaries to be effective upon the consummation of the Merger. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 2 contracts

Samples: Merger Agreement (RCN Corp /De/), Merger Agreement (NEON Communications Group, Inc.)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its the Subsidiaries to be effective upon the consummation of the MergerEffective Time. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 1 contract

Samples: Merger Agreement (Overnite Corp)

Director Resignations. The Company shall use its best efforts to cause to be delivered to Parent resignations of all the directors of the Company and its Subsidiaries to be effective upon the consummation of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Bristol West Holdings Inc)

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Director Resignations. The Company shall use its commercially reasonable efforts to cause to be delivered to Parent resignations of all the directors of the Company and its Company’s Subsidiaries to be effective upon the consummation of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Tcsi Corp)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and each of its Subsidiaries to be effective upon the consummation of the MergerEffective Time.

Appears in 1 contract

Samples: Merger Agreement (Earthlink Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Subsidiaries (except to the extent agreed by Parent and the applicable member of the Company’s Board of Directors) to be effective (subject to Section 1A.3) upon the earlier of the Share Purchase Date and the consummation of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Biomet Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its Subsidiaries to be effective upon the consummation of the MergerMerger (other than directors designated by Parent pursuant to Section 1.4 hereto).

Appears in 1 contract

Samples: Merger Agreement (Topps Co Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all of the directors of the Company and its the Company Subsidiaries to be effective upon at the consummation of the MergerEffective Time.

Appears in 1 contract

Samples: Merger Agreement (Cypress Communications Holding Co Inc)

Director Resignations. The Company shall cause to be delivered to Parent Buyer resignations of all the directors of the Company and its Subsidiaries to be effective upon the consummation of the MergerMerger or at such earlier time as may be agreed by the parties hereto. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Buyer to fill such vacancies.

Appears in 1 contract

Samples: Merger Agreement (National Service Industries Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all of the directors of the Company and its Company's Subsidiaries to be effective upon the consummation of the Merger. The Company shall cause such directors, prior to resignation, to appoint new directors nominated by Parent to fill such vacancies.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Loehmanns Holdings Inc)

Director Resignations. The Company shall cause to be delivered to Parent resignations of all the directors of the Company and its the Subsidiaries to be effective upon the consummation of the Merger.Effective

Appears in 1 contract

Samples: Merger Agreement (United Parcel Service Inc)

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