Common use of Directors’ Resignations Clause in Contracts

Directors’ Resignations. Parent shall have received the written resignation of each director of the Company (in such director’s capacity as a director of the Company), effective as of the Effective Time.

Appears in 6 contracts

Samples: Merger Agreement (Bank of Marin Bancorp), Merger Agreement (Bank of Marin Bancorp), Merger Agreement (Community Bancorp Inc)

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Directors’ Resignations. Parent shall have received the written resignation of each director of the Company Napa (in such director’s capacity as a director of the CompanyNapa), effective as of the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement, Merger Agreement (Bank of Marin Bancorp)

Directors’ Resignations. Parent shall have received the written resignation of each director of the Company (in such director’s 's capacity as a director of the Company), effective as of the Effective Time.

Appears in 2 contracts

Samples: Merger Agreement (First Community Bancorp /Ca/), Merger Agreement (First Community Bancorp /Ca/)

Directors’ Resignations. Parent shall have received the written resignation of each director of the Company Community and each of its Subsidiaries (in such director’s capacity as a director of the Company), director) effective as of the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (CVB Financial Corp)

Directors’ Resignations. Parent shall have received the written resignation of each director of the Company Suncrest and each of its Subsidiaries (in such director’s capacity as a director of the Company), director) effective as of the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (CVB Financial Corp)

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Directors’ Resignations. Parent shall have received the written resignation of each director of the Company (in such director’s capacity as a director of the Company), director) effective as of the Effective Time.

Appears in 1 contract

Samples: Merger Agreement (CVB Financial Corp)

Directors’ Resignations. Parent shall have received the written resignation of each director of the Company (in such director’s capacity as a director of the Company), effective as of the Effective Timedate of the post-effective merger of Surviving Bank with and into Pacific Western National Bank or another wholly-owned subsidiary of Parent, as specified in Section 2.01.

Appears in 1 contract

Samples: Merger Agreement (First Community Bancorp /Ca/)

Directors’ Resignations. Parent shall have received the written resignation of each director of the Company (in such director’s capacity as a director of the Company), effective as of the Effective TimeDate.

Appears in 1 contract

Samples: Merger Agreement (First Community Bancorp /Ca/)

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