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

Directors and Officers of the Surviving Corporation and the Surviving Entity. Immediately after the Effective Time, the board of directors and executive officers of the Surviving Corporation shall be the board of directors and executive officers of First Merger Sub immediately prior to the Effective Time. Immediately after the Second Effective Time, the executive officers and managers of the Surviving Entity shall be the executive officers and managers as set forth in the operating agreement of the Surviving Entity.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Healthcare Merger Corp.), Agreement and Plan of Merger (Gores Holdings III, Inc.)

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Directors and Officers of the Surviving Corporation and the Surviving Entity. Immediately after the Effective Time, the board of directors and executive officers of the Surviving Corporation shall be the board of directors and executive officers of First Merger Sub immediately prior to the Effective TimeSub. Immediately after the Second Effective Time, the executive officers and managers of the Surviving Entity shall be the executive officers and managers as set forth in the operating agreement of the Surviving Entity.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Gores Holdings II, Inc.)

Directors and Officers of the Surviving Corporation and the Surviving Entity. Immediately The parties shall take all actions necessary such that immediately after the Effective Time, the board of directors and executive officers of the Surviving Corporation shall be the persons who are the board of directors and executive officers of First Merger Sub immediately prior to the Effective Time. Immediately The parties shall take all actions necessary such that immediately after the Second Effective Time, the board of directors and executive officers and managers of the Surviving Entity shall be the directors and executive officers and managers as set forth in the operating agreement on Schedule 2.5 of the Surviving EntityCompany Disclosure Letter.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Crescent Acquisition Corp)

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Directors and Officers of the Surviving Corporation and the Surviving Entity. Immediately The parties shall take all actions necessary such that immediately after the Effective Time, the board of directors and executive officers of the Surviving Corporation shall be the persons who are the board of directors and executive officers of First Merger Sub immediately prior to the Effective Time. Immediately after the Second Effective Time, the executive officers and managers of the Surviving Entity shall be the executive officers and managers as set forth in the operating agreement of the Surviving Entity.Effective

Appears in 1 contract

Samples: Agreement and Plan of Merger (Crescent Acquisition Corp)

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