Common use of Directors and Executive Officers of the Surviving Corporation Clause in Contracts

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualified. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 2 contracts

Samples: Merger Agreement (American Financial Holdings Inc), Merger Agreement (Banknorth Group Inc/Me)

AutoNDA by SimpleDocs

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualified. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualifiedelected. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected.

Appears in 2 contracts

Samples: Merger Agreement (PEM Holding Co.), Merger Agreement (Penn Engineering & Manufacturing Corp)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Acquisition Sub immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Acquisition Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 2 contracts

Samples: Merger Agreement (Commercial Capital Bancorp Inc), Merger Agreement (Hawthorne Financial Corp)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Merger Sub immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Merger Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 2 contracts

Samples: Merger Agreement (Cascade Financial Corp), Merger Agreement (Commercial Capital Bancorp Inc)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Vineyard Bank immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Vineyard Bank immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 2 contracts

Samples: Merger Agreement (Vineyard National Bancorp), Merger Agreement (Vineyard National Bancorp)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Merger Sub immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereofMerger, each of whom shall serve until such time as their successors his or her successor shall be duly elected and qualified. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Merger Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualifiedhis or her resignation or removal.

Appears in 2 contracts

Samples: Merger Agreement (Alaska Pacific Bancshares Inc), Merger Agreement (Northrim Bancorp Inc)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualified. The executive officers of the Surviving Corporation immediately after the Merger shall be the directors and executive officers of Parent the Bank immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 2 contracts

Samples: Merger Agreement (Wilson Bank Holding Co), Merger Agreement (Wilson Bank Holding Co)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent F&M immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent F&M immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 1 contract

Samples: Merger Agreement (Farmers & Merchants Bancorp)

AutoNDA by SimpleDocs

Directors and Executive Officers of the Surviving Corporation. The ------------------------------------------------------------- directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Merger Sub immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Merger Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 1 contract

Samples: Merger Agreement (First Federal Banc of the Southwest Inc)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 1 contract

Samples: Merger Agreement (Slippery Rock Financial Corp)

Directors and Executive Officers of the Surviving Corporation. The directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Sub immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Sub immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 1 contract

Samples: Merger Agreement (PCB Bancorp Inc)

Directors and Executive Officers of the Surviving Corporation. The parties hereto shall take all actions necessary so that the directors of the Surviving Corporation immediately after the Merger shall be the directors of Parent Merger Subsidiary immediately prior to the Merger plus the person appointed or elected as a director pursuant to Section 6.15 hereof, each of whom shall serve until such time as their successors shall be duly elected and qualifiedMerger. The parties hereto shall take all actions necessary so that the executive officers of the Surviving Corporation immediately after the Merger shall be the executive officers of Parent Merger Subsidiary immediately prior to the Merger, each of whom shall serve until such time as their successors shall be duly elected and qualified.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (MortgageIT Holdings, Inc.)

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