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

Directors and Officers of the Surviving Corporation and Certain Subsidiaries. (a) The directors of Purchaser immediately prior to the Effective Time shall, from and after the Effective Time, be the directors of the Surviving Corporation until their successors shall have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Corporation’s Certificate of Incorporation and Bylaws. (b) The officers of Purchaser immediately prior to the Effective Time shall, from and after the Effective Time, be the initial officers of the Surviving Corporation and shall hold office until their respective successors are duly elected and qualified, or their earlier death, resignation or removal.

Appears in 3 contracts

Samples: Merger Agreement (Patina Oil & Gas Corp), Merger Agreement (Petrohawk Energy Corp), Merger Agreement (Mission Resources Corp)

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Directors and Officers of the Surviving Corporation and Certain Subsidiaries. (a) The directors persons listed on Section 1.5(a) of Purchaser immediately the disclosure letter separately delivered by Merger Company and Finance Company to the Company on or prior to the Effective Time date hereof (the "MF Disclosure Letter") shall, from and after the Effective Time, be the directors of the Surviving Corporation until their successors shall have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Corporation’s Certificate 's certificate of Incorporation incorporation and Bylawsby-laws. (b) The officers of Purchaser the Company immediately prior to the Effective Time shall, from and after the Effective Time, shall be the initial officers of the Surviving Corporation and shall hold office until their respective successors are duly elected and qualified, or their earlier death, resignation or removal.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Manville Personal Injury Settlement Trust), Agreement and Plan of Merger (Johns Manville Corp /New/)

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Directors and Officers of the Surviving Corporation and Certain Subsidiaries. (a) The directors of Purchaser immediately prior to the Effective Time shall, from and after the Effective Time, be the directors of the Surviving Corporation until their successors shall have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Corporation’s 's Certificate of Incorporation and Bylaws. (b) The officers of Purchaser immediately prior to the Effective Time shall, from and after the Effective Time, be the initial officers of the Surviving Corporation and shall hold office until their respective successors are duly elected and qualified, or their earlier death, resignation or removal.

Appears in 1 contract

Samples: Merger Agreement (Noble Energy Inc)

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