DIRECTORS OF THE SURVIVING COMPANY. Except as otherwise contemplated by Section 1.9, the directors of Acquiror immediately prior to the Effective Time shall be the directors of the Surviving Company as of the Effective Time, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Company, until their respective successors are duly elected or appointed (as the case may be) and qualified, or their earlier death, resignation or removal.
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Samples: Merger Agreement (People's United Financial, Inc.), Merger Agreement (Danvers Bancorp, Inc.)
DIRECTORS OF THE SURVIVING COMPANY. Except as otherwise contemplated by Section 1.9, the The directors of Acquiror immediately prior to the Effective Time shall be the directors of the Surviving Company as of the Effective Time, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Company, until their respective successors are duly elected or appointed (as the case may be) and qualified, or their earlier death, resignation or removal.
Appears in 2 contracts
Samples: Merger Agreement (People's United Financial, Inc.), Merger Agreement (Financial Federal Corp)
DIRECTORS OF THE SURVIVING COMPANY. Except as otherwise contemplated by Section 1.9, the The directors of Acquiror Purchaser immediately prior to the Effective Time shall shall, from and after the Effective Time, be the directors of the Surviving Company as of the Effective Time, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Company, until their respective successors are have been duly elected or appointed (as the case may be) and qualified, qualified or until their earlier death, resignation or removalremoval in accordance with the Certificate of Incorporation and the Bylaws.
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