Common use of Parent Board of Directors and Officers Clause in Contracts

Parent Board of Directors and Officers. From and after the Effective Time, the Board of Directors of Parent (the “Parent Board”) shall consist of the persons serving on the Board of Directors of Parent immediately prior to the Effective Time. From and after the Effective Time, the officers of Parent shall be the officers of Parent immediately prior to the Effective Time, and such officers shall hold office until their respective successors are duly appointed and qualified, or their earlier death, resignation or removal.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Bank of Commerce Holdings), Agreement and Plan of Merger (Bank of Commerce Holdings), Agreement and Plan of Merger (Columbia Banking System, Inc.)

AutoNDA by SimpleDocs

Parent Board of Directors and Officers. From and after the Effective Time, the Board of Directors of Parent (the “Parent Board”) shall consist of the persons serving on the Board of Directors of Parent immediately prior to the Effective Time, plus the member of the Board of Directors of the Company selected pursuant to Section 6.13. From and after the Effective Time, the officers of Parent shall be the officers of Parent immediately prior to the Effective Time, Time and such officers shall hold office until their respective successors are duly appointed and qualified, or their earlier death, resignation or removal.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Intermountain Community Bancorp), Agreement and Plan of Merger (Columbia Banking System Inc)

AutoNDA by SimpleDocs

Parent Board of Directors and Officers. From and after the Effective Time, the Parent Board of Directors of Parent (the “Parent Board”) shall consist of the persons serving on the Board of Directors of Parent immediately prior to the Effective Time, plus the member of the Board of Directors of the Company selected pursuant to Section 6.13. From and after the Effective Time, the officers of Parent shall be the officers of Parent immediately prior to the Effective Time, and such officers shall hold office until their respective successors are duly appointed and qualified, or their earlier death, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pacific Continental Corp)

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