Common use of Resignation of Directors and Officers Clause in Contracts

Resignation of Directors and Officers. The directors and officers of the Company, in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation effective as of the Effective Time of the Merger.

Appears in 3 contracts

Samples: Merger Agreement (Access Pharmaceuticals Inc), Merger Agreement (Access Pharmaceuticals Inc), Merger Agreement (Somanta Pharmaceuticals Inc.)

AutoNDA by SimpleDocs

Resignation of Directors and Officers. The Except as set forth in Sections 1.06 and 1.07, the directors and officers of the Company, in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation effective as of the Effective Time of the MergerTime.

Appears in 2 contracts

Samples: Merger Agreement (Macrochem Corp), Merger Agreement (Access Pharmaceuticals Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers officers, as applicable, of the Surviving Corporation Company effective as of the Effective Time of the MergerTime.

Appears in 2 contracts

Samples: Merger Agreement (PLX Technology Inc), Merger Agreement (PLX Technology Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers officers, as applicable, of the Surviving Corporation Company effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Covad Communications Group Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company and each of its subsidiaries in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation and each of its subsidiaries, respectively, effective as of immediately following the Effective Time of the Merger.Time

Appears in 1 contract

Samples: Merger Agreement (Informatica Corp)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers officers, as applicable, of the Surviving Corporation Company (solely in their capacities as such), effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Micrel Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time Closing of the Merger Acquisition shall have resigned as directors and officers of the Surviving Corporation Company effective as of the Effective Time Closing of the MergerAcquisition.

Appears in 1 contract

Samples: Acquisition Agreement (Adc Telecommunications Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall will have resigned as directors and officers of the Surviving Corporation Company in writing effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Symyx Technologies Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall will have resigned as directors and officers of the Surviving Corporation in writing effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Saba Software Inc)

Resignation of Directors and Officers. The directors and ------------------------------------- officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers officers, as applicable, of the Surviving Corporation Company effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Digital Island Inc)

Resignation of Directors and Officers. The directors and officers of ------------------------------------- the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation in writing effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Interwoven Inc)

AutoNDA by SimpleDocs

Resignation of Directors and Officers. The directors and officers of the Company, Vividence in office immediately prior to the Effective Time of the Merger shall will have resigned as directors and officers of the Surviving Corporation in writing effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Keynote Systems Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company and each of its Subsidiaries in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation and such Subsidiary effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Acme Packet Inc)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation Entity effective as of the Effective Time effectiveness of the MergerMerger 2.

Appears in 1 contract

Samples: Merger Agreement (Neuro-Hitech Pharmaceuticals Inc)

Resignation of Directors and Officers. The directors and executive officers of the Company, Matchlogic in office immediately prior to the Effective Time of the Merger shall have resigned as directors and executive officers of the Surviving Corporation effective as of the Effective Time of the Merger.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Excite Inc)

Resignation of Directors and Officers. The directors and ------------------------------------- officers of the Company, in office Company immediately prior to the Effective Time of the Merger shall have resigned as directors and officers and/or officers, as applicable, of the Surviving Corporation effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Aristotle Corp)

Resignation of Directors and Officers. The directors and officers of the Company, Company in office immediately prior to the Effective Time of the Merger shall have resigned as directors from their positions with the Company and officers executed appropriate releases of the Surviving Corporation Company effective as of the Effective Time of the MergerTime.

Appears in 1 contract

Samples: Merger Agreement (Precise Software Solutions LTD)

Resignation of Directors and Officers. The Except for those directors and officers listed on Schedule 1.4.1 already serving as directors of the Company, in office the directors of Company immediately prior to the Effective Time of the Merger shall have resigned as directors and officers of the Surviving Corporation effective as of the Effective Time effectiveness of the Merger.

Appears in 1 contract

Samples: Merger Agreement (Globe Specialty Metals Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!