Resignation and Appointment of Directors. Parent shall have received a written resignation from the current director of Parent and an executed resolution appointing nominees of the Company to the Board of Directors of Parent effective as of the Effective Time.
Resignation and Appointment of Directors. RESOLVED that each resignation letter received from [list resigning directors], dated , respectively, expressing his desire to resign from the Board of the Company effective from the date of this meeting, be and hereby is accepted with immediate effect. RESOLVED FURTHER, that , being eligible to be appointed as director as per the applicable provisions of the Companies Act, and who is present in this meeting by special invitation, be and hereby is appointed director of the Company with immediate effect to fill in casual vacancy arising from the resignation of [list the names of one of the directors resigning] pursuant to section 262 of the Companies Act, 1956, read with Article [•] of the Articles of Association of the Company, and further, [ ] shall hold the office of director until the next Annual General Meeting of the Company. RESOLVED FURTHER, that , being eligible to be appointed as director as per the applicable provisions of the Companies Act, and who is present in this meeting by special invitation, be and hereby is appointed director of the Company with immediate effect to fill in casual vacancy arising from the resignation of [list the names of one of the directors resigning] pursuant to section 262 of the Companies Act, 1956, read with Article [•] of the Articles of Association of the Company, and further, [ ] shall hold the office of director until the next Annual General Meeting of the Company. RESOLVED FURTHER, that , being eligible to be appointed as director as per the applicable provisions of the Companies Act, and who is present in this meeting by special invitation, be and hereby is appointed director of the Company with immediate effect to fill in casual vacancy arising from the resignation of [list the names of one of the directors resigning] pursuant to section 262 of the Companies Act, 1956, read with Article [•] of the Articles of Association of the Company, and further, [ ] shall hold the office of director until the next Annual General Meeting of the Company. RESOLVED FURTHER, that , being eligible to be appointed as 110 director as per the applicable provisions of the Companies Act, and who is present in this meeting by special invitation, be and hereby is appointed director of the Company with immediate effect to fill in casual vacancy arising from the resignation of [list the names of one of the directors resigning] pursuant to section 262 of the Companies Act, 1956, read with Article [•] of the Articles of Association of the ...
Resignation and Appointment of Directors. On the Effective Date, Xxxxxxx Xxxxxx, the sole director of Kodiak, will resign, and the persons designated in the Certificate of Designation, attached hereto as Schedule 3.1 (the "Certificate of Designation"), shall be appointed as directors of Kodiak.
Resignation and Appointment of Directors. All of the existing directors of EZBid shall have resigned from EZBid's board of directors.
Resignation and Appointment of Directors. Immediately after the execution of this Agreement, (1) the Company shall cause Xxxxxxx X.
Resignation and Appointment of Directors. (a) Simultaneous with the execution of this Agreement, all the Directors of IMSI and its subsidiaries shall appoint the DCDC nominees set forth on Exhibit A to the Board of Directors of IMSI and its subsidiaries and all the Directors of IMSI, except for Robxxx Xxxxx, xhall execute and deliver a letter of resignation in the form attached as Exhibit B. Robxxx Xxxxx, x current Director of IMSI, shall remain on IMSI's Board and be nominated as a Director at the first Annual Meeting of Stockholders of the Successor Corporation subsequent to the Merger. Mr. Xxxxx xxall hold office until such Annual Meeting and until his successor is duly elected and qualified.
Resignation and Appointment of Directors. All directors on the Board of AirPatrol prior to the Closing, who are not listed on Schedule 1.6, shall have delivered resignation letters to the Board of AirPatrol effective upon Closing. The Board of Directors of the Surviving Corporation I shall be comprised of the individuals listed on Schedule 1.6, effective upon Closing.
Resignation and Appointment of Directors. (a) Subject to the terms and conditions of this Agreement, effective as of April 21, 2006, each of Messrs. Crowell, Smith, Ortiz and Harries, by their respective individual signatures below, hereby resigns as a Director of txx Xxmpany.
Resignation and Appointment of Directors. The members of the Board of Directors of the Company designated by Purchaser prior to the Closing shall have resigned from their positions as directors of the Company in writing as of the Closing Date and shall have released the Company and its Subsidiaries from all claims of any nature, whether for compensation or otherwise, against the Company and each Subsidiary of the Company. The individuals designated by Purchaser prior to the Closing shall have been appointed to the Board of Directors of the Company effective as of the Closing Date.
Resignation and Appointment of Directors. Sellers shall have delivered to Buyer a document evidencing the adoption of minutes of such meeting(s) of the directors and shareholders of NuevaTel as are required for the resignation of the current Síndico all current directors of NuevaTel that Sellers have the right to appoint (but not the current directors that Comteco has the right to appoint), and for the appointment of the persons designated by Buyer as Síndico and directors of NuevaTel.
