Common use of Officers of Parent Clause in Contracts

Officers of Parent. The Chief Executive Officer of Parent shall continue to be the Chief Executive Officer of Parent following the Effective Time. Additional members of the senior management of Parent shall be designated prior to the Effective Time by the majority vote of a selection committee comprised of (a) the Chief Executive Officer of the Company or his designee, (b) the Chief Executive Officer of Parent or his designee and (c) one additional representative designated by Parent.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Pulte Homes Inc/Mi/), Agreement and Plan of Merger (Centex Corp)

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Officers of Parent. The Chief Executive Officer of Parent the Company shall continue to be the Chief Executive Officer of Parent following the Effective Time. Additional members of the senior management of Parent shall be designated prior to the Effective Time by the majority vote of a selection committee comprised of (a) the Chief Executive Officer of the Company or his designee, (b) the Chief Executive Officer of Parent or his designee and (c) one additional representative designated by ParentCompany.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Medianet Group Technologies Inc), Agreement and Plan of Merger (Medianet Group Technologies Inc)

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Officers of Parent. The Chief Executive Officer of Parent the Company shall continue to be the Chief Executive Officer of Parent following the Effective Time. Additional members of the senior management of Parent shall be designated prior to the Effective Time by the majority vote of a selection committee comprised of (a) Company to the Chief Executive Officer of the Company or his designee, (b) the Chief Executive Officer of Parent or his designee and (c) one additional representative designated by Parentextent not otherwise provided in this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Atlas Capital Holdings, Inc.)

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