Director Resignations. At the Closing, the Company shall deliver signed letters of resignation from each director of the Company pursuant to which each such director resigns from his or her position as a director of the Company and makes such resignation effective at or prior to the Effective Time.
Appears in 4 contracts
Samples: Merger Agreement (Datastream Systems Inc), Merger Agreement (MLE Holdings, Inc.), Merger Agreement (Magellan Holdings, Inc.)
Director Resignations. At the Closing, the Company shall deliver signed letters of resignation from each director of the Company and each of its subsidiaries pursuant to which each such director resigns from his or her position as a director of the Company or such subsidiary and makes such resignation effective at or prior to the Effective Time.
Appears in 3 contracts
Samples: Merger Agreement (Mapics Inc), Merger Agreement (Concerto Software Inc), Merger Agreement (Blair Corp)
Director Resignations. At the Closing, the The Company shall use its reasonable best efforts to deliver at the Closing signed letters of resignation from each director member of the Company Board and each member of the board of directors (or any equivalent) of each Subsidiary pursuant to which each such director resigns shall resign from his or her position as a director of the Company and makes such resignation (and/or Subsidiary, as applicable) effective at or prior to the Effective Time.
Appears in 2 contracts
Samples: Merger Agreement (Physicians Formula Holdings, Inc.), Merger Agreement (Physicians Formula Holdings, Inc.)
Director Resignations. At Prior to the Closing, except as otherwise may be agreed by Parent, the Company shall deliver signed obtain resignation letters of resignation from each director of the members of the Company pursuant to which Board and the board of directors of each such director resigns from his or her position as a director of the Company and makes such Subsidiaries, in each case, with the resignation to be effective at or prior to as of the Effective TimeTime and conditioned on the occurrence of the Closing.
Appears in 2 contracts
Samples: Merger Agreement (Helix TCS, Inc.), Merger Agreement (Helix TCS, Inc.)
Director Resignations. At the Closing, the Company shall deliver signed letters of resignation from each director of the Company pursuant to which each such director resigns from his or her position as a director of the Company and makes such resignation effective at or prior to the Effective Time.
Appears in 2 contracts
Samples: Merger Agreement (Rockshox Inc), Merger Agreement (Us Can Corp)
Director Resignations. At the Closing, the The Company shall deliver signed or cause to be delivered to the Acquiror letters of resignation from each director executed by the directors of the Company pursuant to which each such director resigns from his or her position effective as a director of the Company and makes such resignation effective at or prior to the Effective Time.
Appears in 1 contract
Samples: Merger Agreement (Royal Appliance Manufacturing Co)
Director Resignations. At the Closing, the Company shall will deliver signed letters of resignation from each director of the Company and of each Company Subsidiary pursuant to which each such director resigns from his or her position as a director of the Company and of each Company Subsidiary and makes such resignation effective at or prior to the Effective Time.;
Appears in 1 contract
Director Resignations. At the Closing, the Company shall deliver signed letters of resignation from each director member of the Company Board (and to the extent requested by Parent, from any member of the board of directors (or any equivalent) of each subsidiary of the Company) pursuant to which each such director resigns from his or her position as a director of the Company (and/or any such subsidiary, as applicable) and makes such resignation effective at or prior to the Effective Time.
Appears in 1 contract
Samples: Merger Agreement (Tollgrade Communications Inc \Pa\)
Director Resignations. At the Closing, the Company --------------------- shall deliver to Buyer signed letters of resignation resignations from each director of the Company (other than those directors who were designated by Buyer pursuant to Section 1.03 hereof) pursuant to which each such director resigns shall resign from his ------------ or her position as a director of the Company and makes make such resignation effective at or prior to the Effective Time.
Appears in 1 contract
Samples: Agreement and Plan of Merger (FLD Acquisition Corp)
Director Resignations. At Prior to the Closing, except as otherwise may be agreed by Parent, the Company shall deliver signed obtain resignation letters of resignation from each director of the members of the Company pursuant to which Board and the board of directors of each such director resigns from his or her position as a director of the Company and makes such Subsidiaries, in each case, with the resignation to be effective at or prior to as of the Effective Time.
Appears in 1 contract
Samples: Merger Agreement (Helix TCS, Inc.)
Director Resignations. At Prior to the Closing, except as otherwise may be agreed by Parent, the Company shall deliver signed obtain resignation letters of resignation from each director of the members of the Company pursuant to which Board and the board of directors of each such director resigns from his or her position as a director of the Company and makes such Subsidiaries, in each case, with the resignation to be effective at or prior to as of the Effective Time.
Appears in 1 contract
Samples: Merger Agreement
Director Resignations. At the Closing, the Company shall deliver to Buyer signed letters of resignation resignations from each director of the Company (other than those directors who were designated by Buyer pursuant to Section 1.03 hereof) pursuant to which each such director resigns shall resign from his or her position as a director of the Company and makes make such resignation effective at or prior to the Effective Time.
Appears in 1 contract
