Common use of Directors and Officers of Surviving Company Clause in Contracts

Directors and Officers of Surviving Company. Except as provided in Section 2.5, the directors of Northwest Bancshares immediately prior to the Effective Time shall be the initial directors of the Surviving Company, each to hold office in accordance with the Articles of Incorporation and Bylaws of the Surviving Company. Until changed in accordance with the Articles of Incorporation and Bylaws of the Surviving Company, the officers of Northwest Bancshares immediately prior to the Effective Time shall be the initial officers of Surviving Company, in each case until their respective successors are duly elected or appointed and qualified.

Appears in 2 contracts

Samples: Merger Agreement (LNB Bancorp Inc), Merger Agreement (Northwest Bancshares, Inc.)

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Directors and Officers of Surviving Company. Except as provided in Section 2.5, the directors of Northwest Bancshares immediately prior to the Effective Time shall will be the initial directors of the Surviving Company, each to hold office in accordance with the Articles of Incorporation and Bylaws of the Surviving Company. Until changed in accordance with the Articles of Incorporation and Bylaws of the Surviving Company, the officers of Northwest Bancshares immediately prior to the Effective Time shall will be the initial officers of Surviving Company, in each case until their respective successors are duly elected or appointed and qualified.

Appears in 1 contract

Samples: Merger Agreement (Mutualfirst Financial Inc)

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Directors and Officers of Surviving Company. Except as provided in Section 2.5, the directors of Northwest Bancshares immediately prior to the Effective Time shall will be the initial directors of the Surviving Company, each to hold office in accordance with the Articles of Incorporation and Bylaws of the Surviving Company. Until changed in accordance with the Articles of Incorporation and Bylaws of the Surviving Company, the officers of Northwest Bancshares immediately prior to the Effective Time shall will be the initial officers of Surviving Company, in each case until their respective successors are duly elected or appointed and qualified.. 10

Appears in 1 contract

Samples: Merger Agreement (Northwest Bancshares, Inc.)

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