Parent Officers. The parties shall take all action necessary (including, to the extent necessary, procuring the resignation or removal of any officers of Parent immediately prior to the First Effective Time) so that, as of the First Effective Time, the Parent officers shall initially consist of the Persons listed in Section 1.1(e) of the Parent Disclosure Letter.
Parent Officers. The officers of the Company immediately prior to the Effective Time shall be the officers of Parent immediately after the Effective Time.
Parent Officers. Parent shall take such actions as may be required to cause the resignation or removal of Parent’s current officers and the election of TechniScan’s officers as Parent’s officers, each of the foregoing actions in this Section 6.4 to be effective as of the Effective Time.
Parent Officers. Effective upon the Closing Date, Parent's Board of Directors shall elect Xxxxxxx Xxxxxxxx as Chairman of Parent, and Xxxxxx X. Xxxxx as President of Parent.
9. Section 2.2(c) of the Merger Agreement is hereby amended to read as follows: "At the Effective Time, Parent will offer stock options to PSI employees who continue to be employed by Parent or the Surviving Corporation in the amounts set forth on Schedule 2.2(c) attached hereto."
10. The third sentence of Section 2.4(e) of the Merger Agreement is hereby amended by deleting the existing sentence and substituting the following sentence therefor: "As soon as practicable after the Effective Time, the Parent shall cause the Exchange Agent to send a notice and a transmittal form to each holder of record of a Certificate advising such holder of the effectiveness of the Merger and the procedure for surrendering to the Exchange Agent such Certificate in exchange for the Merger Consideration."
11. Section 6.13 of the Merger Agreement is hereby amended by deleting said section and by substituting the following therefor:
Parent Officers. Parent shall take all requisite action to appoint Xxxxx X. XxXxxxxxx as President of Parent as of the Effective Time.
Parent Officers. Xxxxx X. Xxxxxx, President and Chief Executive Officer
Parent Officers. The Board of Directors of Parent shall take such corporate actions as are necessary to provide that, effective at the Effective Time of the Merger, Xxxx X. Xxxxxxxx shall be appointed the Chief Executive Officer of Parent and Xxxxxxx X. Xxxxx shall be appointed the President and Chief Operating Officer of Parent.
Parent Officers. Certificate - a certificate dated the Closing Date and signed (on behalf of the Parent) by two (2) Senior Officers of the Parent, substantially in the form of Exhibit 4.3(b);
Parent Officers. Parent shall cause the individuals listed on Section 6.16 of the Disclosure Schedule to be elected and appointed as officers of Parent effective as of, and conditioned upon, the occurrence of the Merger and the Effective Time.
Parent Officers. Parent shall take such actions as may be required to cause the resignation or removal of Parent’s current officers and the election or appointment of Xxxxxxxxxx as President, Chief Executive Officer and Chairman of the Board and Xxxxxxxx as Executive Vice President, Chief Financial Officer, Treasurer, and Secretary of Parent, each of the foregoing actions in this Section 6.4 to be effective as of the Effective Time.
