Directors and Officers of MPU Cayman. Immediately prior to the Effective Time, MPU, in its capacity as the sole shareholder of MPU Cayman, agrees to take or cause to be taken all such actions as are necessary to cause at least those persons serving as the directors and officers of MPU immediately prior to the Effective Time to be elected or appointed as the directors and officers of MPU Cayman (to the extent the officers and directors of MPU and MPU Cayman are not already identical), each such person to have the same office(s) with MPU (and the same class designations and committee memberships in the case of directors) as he or she held with MPU, with the directors to serve until the earlier of the next meeting of the MPU Cayman shareholders at which an election of directors is required or until their successors are elected or appointed (or their earlier death, disability or retirement).
