Common use of Resignation of Directors Clause in Contracts

Resignation of Directors. The directors of Target in office immediately prior to the Effective Time shall have resigned as directors of Target effective as of the Effective Time.

Appears in 13 contracts

Samples: Agreement and Plan of Reorganization (Ariba Inc), Agreement and Plan of Reorganization (Ontrack Data International Inc), Agreement and Plan of Reorganization (Hoovers Inc)

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Resignation of Directors. The directors of Target and each of Target's subsidiaries in office immediately prior to the Effective Time shall have resigned as directors of Target and each of Target's subsidiaries effective as of the Effective Time.

Appears in 5 contracts

Samples: Agreement and Plan of Reorganization (Ontrack Data International Inc), Agreement and Plan of Reorganization (Kroll Inc), Agreement and Plan of Reorganization (Kroll Inc)

Resignation of Directors. The directors of Target in office immediately prior to the Effective Time shall have resigned as directors of Target the Surviving Corporation effective as of the Effective Time.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Cardiovascular Dynamics Inc), Agreement and Plan of Reorganization (Polycom Inc), Agreement and Plan of Merger (I2 Technologies Inc)

Resignation of Directors. The directors of Target in office immediately prior to the Effective Time shall have resigned as directors of Target the Surviving Corporation effective as of immediately following the Effective Time.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Cisco Systems Inc), Agreement and Plan of Reorganization (Cisco Systems Inc), Agreement and Plan of Reorganization (Network Appliance Inc)

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Resignation of Directors. The directors of Target in office ------------------------ immediately prior to the Effective Time shall have resigned as directors of Target effective as of the Effective Time.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Hei Inc), Agreement and Plan of Reorganization (Vignette Corp), Agreement and Plan of Reorganization (Cacheflow Inc)

Resignation of Directors. The directors of Target in office immediately prior to the Effective Time Closing shall have resigned tendered their resignations as directors of Target effective as of or prior to the Effective TimeClosing Date.

Appears in 2 contracts

Samples: Stock Purchase Agreement (INX Inc), Stock Purchase Agreement (INX Inc)

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