Common use of Resignation of Directors and Officers Clause in Contracts

Resignation of Directors and Officers. Each officer and director of each Group Company shall have tendered his or her resignation as such, in a form reasonably acceptable to the Buyer, which resignations shall be effective no later than the Closing.

Appears in 2 contracts

Samples: Share Purchase Agreement, Share Purchase Agreement (Techne Corp /Mn/)

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Resignation of Directors and Officers. Each director and officer of the Company and director of each Group Company Subsidiary shall have tendered his or her written resignation as such, in a form reasonably acceptable to the Buyer, which resignations shall be from office effective no not later than the ClosingClosing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Franklin Electric Co Inc)

Resignation of Directors and Officers. Each member of the Board of Directors of the Company and each officer and director of each Group Company the Company, except those designated by Buyer, shall have tendered his or her to the Company a written resignation as sucha director and/or officer of the Company, in a form reasonably acceptable to as the Buyercase may be, which resignations shall be effective no later than as of the Closing.

Appears in 1 contract

Samples: Stock Purchase Agreement (Afc Cable Systems Inc)

Resignation of Directors and Officers. Each Unless otherwise requested by Buyer, each director and officer and director of each Group the Company shall have tendered his or her resignation as such, in a form reasonably acceptable to the Buyer, which resignations resignation shall be effective no later than the Closing.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Alere Inc.)

Resignation of Directors and Officers. Each officer and director of each Group The Company shall have tendered his or her delivered to Buyer the written resignation as suchof each director and officer of the Company and, in a form reasonably acceptable to the if requested by Buyer, which resignations shall each Company Subsidiary to be effective no later than as of the ClosingClosing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (RLJ Acquisition, Inc.)

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Resignation of Directors and Officers. Each officer The directors of the Company and director of each Group Company subsidiary shall have tendered his or her resignation as such, submitted their resignations in a form reasonably acceptable writing to the BuyerCompany or each such subsidiary, which as the case may be. Such resignations of directors (in such capacity) shall be effective no later than as of the ClosingClosing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Wynns International Inc)

Resignation of Directors and Officers. Each member of the board of directors and each officer of the Company and director of each Group the Company Subsidiaries shall have tendered his or her resignation as suchtendered, in a form reasonably acceptable to the Buyer, which resignations shall be effective no later than at the Closing, their resignations as such directors and officers.

Appears in 1 contract

Samples: Stock and Mortgage Loan Purchase Agreement (American Home Mortgage Investment Corp)

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