Resignation of Officers and Directors. At or prior to the Closing, the Company shall obtain the resignations of all officers and directors of its Subsidiaries (only in their respective capacity as such), in each case to be effective as of the Effective Time.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Transwitch Corp /De), Agreement and Plan of Merger (Centillium Communications Inc), Agreement and Plan of Merger (Micro Linear Corp /Ca/)
Resignation of Officers and Directors. At or prior to the Closing, the The Company shall obtain the resignations of all the officers and directors of the Company and its Subsidiaries (only in their respective capacity as such)Subsidiaries, in each case to be effective as of the Effective Time.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (NMS Communications Corp), Agreement and Plan of Merger (Citrix Systems Inc), Agreement and Plan of Merger (Citrix Systems Inc)
Resignation of Officers and Directors. At or prior to the Closing, the The Company shall obtain the resignations of all officers and members of the board of directors of the Company and each of its Subsidiaries (only in their respective capacity as such), in each case to be effective as of the Effective Time.
Appears in 3 contracts
Samples: Agreement and Plan of Merger Reorganization (8x8 Inc /De/), Agreement and Plan of Merger (Netlogic Microsystems Inc), Agreement and Plan of Merger
Resignation of Officers and Directors. At or prior to the Closing, the The Company shall obtain the resignations of all officers and directors of the Company and its Subsidiaries (only in their respective capacity as such)Subsidiaries, in each case to be effective as of the Effective Time.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Efj Inc), Agreement and Plan of Merger (Nanometrics Inc), Agreement and Plan of Reorganization (Documentum Inc)
Resignation of Officers and Directors. At or The Company will use its commercially reasonable efforts to obtain and deliver to Acquiror prior to the Closing, the Company shall obtain the resignations of all officers and directors of its Subsidiaries Closing Date (only in their respective capacity as such), in each case to be effective as of the Effective TimeClosing Date) the resignation of each officer and director of the Company and each officer and director of each Subsidiary (in each case, in their capacities as officers and directors and not as employees).
Appears in 1 contract
Resignation of Officers and Directors. At The Company will use its commercially reasonable efforts to obtain and deliver to Acquirer on or prior to the Closing, the Company shall obtain the resignations of all officers and directors of its Subsidiaries Closing Date (only in their respective capacity as such), in each case to be effective as of the Effective TimeClosing) the resignation of each officer and director of the Company and each officer and director of each Subsidiary (in each case, in their capacities as officers and directors and not as employees).
Appears in 1 contract
Resignation of Officers and Directors. At or The Company will obtain and deliver to Buyer prior to the Closing, the Company shall obtain the resignations of all officers and directors of its Subsidiaries Closing Date (only in their respective capacity as such), in each case to be effective as of the Effective TimeClosing Date) the resignation of each officer and director of the Company and each of its Subsidiaries (in each case, in their capacities as officers and directors and not as employees).
Appears in 1 contract
Samples: Merger Agreement (SoftBrands, Inc.)
