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

Directors and Officers of the Surviving Entity and the Surviving Company. (a) Immediately after the First Effective Time, the directors and officers of Merger Sub immediately prior to the First Effective Time shall be the initial directors and officers of the Surviving Entity, each to hold office in accordance with the memorandum and articles of association of the Surviving Entity. Immediately after the Second Effective Time, the directors and officers of the Company immediately prior to the Second Effective Time shall be the initial directors and officers of the Surviving Company until such director’s or officer’s successor is duly elected or appointed and qualified, or until the earlier of their death, resignation or removal.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Silver Crest Acquisition Corp), Agreement and Plan of Merger (Silver Crest Acquisition Corp)

AutoNDA by SimpleDocs

Directors and Officers of the Surviving Entity and the Surviving Company. (a) Immediately after the First Effective Time, the directors and officers of Merger Sub immediately prior to the First Effective Time shall be the initial directors and officers of the Surviving Entity, each to hold office in accordance with the memorandum and articles of association Organizational Documents of the Surviving Entity. Immediately after the Second Effective Time, the directors and officers of the Company Surviving Entity immediately prior to the Second Effective Time shall be the initial directors and officers of the Surviving Company until such director’s or officer’s successor is duly elected or appointed and qualified, or until the earlier of their death, resignation or removal.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (ironSource LTD), Agreement and Plan of Merger (Thoma Bravo Advantage)

AutoNDA by SimpleDocs

Directors and Officers of the Surviving Entity and the Surviving Company. (a) Immediately after the First Effective Time, the directors and officers of Merger Sub immediately prior to the First Effective Time as set forth in Section 2.06 to the Company Disclosure Letters shall be the initial directors and officers of the Surviving Entity, each to hold office in accordance with the memorandum and articles of association of the Surviving Entity. Immediately after the Second Effective Time, subject to Section 6.09, the directors and officers of the Company immediately prior to the Second Effective Time shall be the initial directors and officers of the Surviving Company until such director’s or officer’s successor is duly elected or appointed and qualified, or until the earlier of their death, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metal Sky Star Acquisition Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.