Directors of Surviving Entity. The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Entity as of the Effective Time, until their successors shall be elected and qualified or their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Surviving Entity.
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Samples: Merger Agreement (R&b Falcon Corp), Merger Agreement (R&b Falcon Corp), Merger Agreement (Cliffs Drilling Co)
Directors of Surviving Entity. The Unless otherwise determined by Buyer prior to the Effective Time, the directors of Merger Sub immediately prior to the Effective Time shall be appointed as the directors of the Surviving Entity as of immediately after the Effective Time, until their successors shall be elected and qualified or their earlier death, resignation or removal each to hold the office of a director of the Surviving Entity in accordance with the certificate provisions of Arizona Law, the articles of incorporation and bylaws of the Surviving EntityEntity until their successors are duly elected and qualified, or until their earlier resignation or removal.
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