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

Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation), in each case, as of the Effective Time shall, from and after the Effective Time, be the directors and officers, respectively, of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation or bylaws of the Surviving Corporation.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Global Aero Logistics Inc.), Agreement and Plan of Merger (World Air Holdings, Inc.)

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Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation)Company, in each case, as of the Effective Time shall, from and after the Effective Time, be the directors and officers, respectively, of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation or incorporation, bylaws of the Surviving CorporationCorporation and applicable Law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Stiefel Laboratories, Inc.), Agreement and Plan of Merger (Barrier Therapeutics Inc)

Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation), in each casePurchaser, as of the Effective Time Time, shall, from and after the Effective Time, be the directors of the Surviving Corporation, and officers, respectively, the officers of the Surviving Corporation shall, from and after the Effective Time, be as set forth on Section 2.6 of the Acquiror Disclosure Letter, and such directors and officers shall serve until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation or of the Surviving Corporation, the bylaws of the Surviving CorporationCorporation and applicable Law.

Appears in 2 contracts

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

Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation)Company, in each case, as of the Effective Time shall, from and after the Effective Time, be the directors and officers, respectively, of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation or incorporation, bylaws of the Surviving CorporationCorporation and applicable law.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Hampshire Group LTD), Agreement and Plan of Merger (Naf Holdings Ii, LLC)

Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation)Company, in each case, as of the Effective Time shall, from and after the Effective Time, be the directors and officers, respectively, of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate articles of incorporation or incorporation, bylaws of the Surviving CorporationCorporation and applicable law.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lifecore Biomedical Inc)

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Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation), in each case, as of the Effective Time shall, from and after the Effective Time, be the initial directors and officers, respectively, of the Surviving Corporation Corporation, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Corporation, and the officers of the Company as of the Effective Time shall be the initial officers of the Surviving Corporation, in each case until their respective successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation or bylaws of the Surviving Corporationremoval.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hireright Inc)

Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation), in each case, as of at the Effective Time shall, from and after the Effective Time, shall be the directors and officers, respectively, officers of the Surviving Corporation until their respective successors have been are duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate articles of incorporation or bylaws and By-laws of the Surviving Corporation.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Interland Inc /Mn/)

Directors and Officers of Surviving Corporation. The directors of Purchaser and the officers of the Company (other than those who Purchaser determines shall not remain as officers of the Surviving Corporation), in each case, as of at the Effective Time shall, from and after the Effective Time, be the directors and officers, respectively, of the Surviving Corporation Corporation, until their successors shall have been duly elected or appointed and or qualified or until their earlier death, resignation (including that provided herein), or removal in accordance with applicable law, the certificate Certificate of incorporation or bylaws Incorporation and the Bylaws of the Surviving CorporationCompany.

Appears in 1 contract

Samples: Agreement and Plan of Merger (United Foods Inc)

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