Resignation of Officers and Directors. Effective on the Closing Date, all officers and directors of the Company shall have resigned as officers and directors of the Company and they shall have appointed the Buyer as the President, Chief Executive Officer and a director of the Company.
Appears in 4 contracts
Samples: Stock Purchase Agreement (Dinamo Corp), Stock Purchase Agreement (Language Arts Corp.), Stock Purchase Agreement (Fenario Inc)
Resignation of Officers and Directors. Effective on the Closing Date, all officers Each and directors every officer and director of the Company shall have resigned as officers from any and directors of all positions with the Company and they shall have appointed as director, officer or employee effective as of immediately prior to the Buyer as the President, Chief Executive Officer and a director of the CompanyEffective Closing Date.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (Sylvan Learning Systems Inc), Agreement and Plan of Reorganization (Sylvan Learning Systems Inc), Agreement and Plan of Reorganization (Sylvan Learning Systems Inc)
Resignation of Officers and Directors. Effective on the Closing Date, all officers Each officer and directors of the Company shall have resigned as officers and directors director of the Company and they each Company Employee shall have appointed resign his/her position with the Buyer Company, effective as the President, Chief Executive Officer and a director of the CompanyClosing Date.
Appears in 2 contracts
Samples: Stock Purchase and Sale Agreement (ABC Funding, Inc), Stock Purchase and Sale Agreement (ABC Funding, Inc)
Resignation of Officers and Directors. Effective on the Closing Date, all officers Each and directors every officer ------------------------------------- and director of the Company shall have resigned as officers from any and directors of all positions with the Company and they shall have appointed as director, officer or employee effective as of immediately prior to the Buyer as the President, Chief Executive Officer and a director of the CompanyEffective Closing Date.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Sylvan Learning Systems Inc), Agreement and Plan of Reorganization (Sylvan Learning Systems Inc)
Resignation of Officers and Directors. Effective on the Closing Date, all officers and directors of the Company shall have resigned as officers an officer, director and directors employee of the Company and they shall have appointed the Buyer as the President, Chief Executive Officer sole officer and a director of the Company.. ARTICLE Ill
Appears in 1 contract
Samples: Stock Purchase Agreement
Resignation of Officers and Directors. Effective on the Closing Date, all officers and directors of the Company shall have resigned as officers and directors of the Company and they shall have appointed the Buyer Xx. Xxxxxx Xxxxxxx as the President, Chief Executive Officer and a sole director of the Company and Mr. Xxxxx Xxx as the Chief Financial Officer and Secretary of the Company.
Appears in 1 contract
Samples: Stock Purchase Agreement (Liquid Financial Engines, Inc.)
Resignation of Officers and Directors. Effective on the Closing Date, all officers and directors of the Company shall have resigned as officers and directors of the Company and they shall have appointed the Buyer as the President, Chief Executive Officer, Chief Financial Officer and a director of the Company.
Appears in 1 contract
Resignation of Officers and Directors. Effective on Unless otherwise directed by the Closing DateBuyer, all officers and directors of the Company shall have resigned as obtain the resignation of the Manager, the officers and directors of the Company and they shall have appointed the Buyer officers, managers and directors of each Subsidiary, effective as the President, Chief Executive Officer and a director of the CompanyClosing.
Appears in 1 contract
Resignation of Officers and Directors. Effective on the Closing Date, all officers Each and directors every officer and ------------ ---------------------- director of the Company shall have resigned as officers from any and directors of all positions with the Company and they shall have appointed as director, officer or employee effective as of immediately prior to the Buyer as the President, Chief Executive Officer and a director of the CompanyEffective Closing Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Sylvan Learning Systems Inc)
Resignation of Officers and Directors. Effective on the Closing Date, all officers Each officer and directors ------------------------------------- director of the Company shall have resigned resigned, effective as officers and directors of the Company and they shall have appointed the Buyer as the President, Chief Executive Officer and a director of the CompanyClosing Date.
Appears in 1 contract
Samples: Stock Purchase Agreement (Scottish Annuity & Life Holdings LTD)
Resignation of Officers and Directors. Effective on the Closing Date, all officers and directors of the Company shall have resigned as officers and directors of the Company and they shall have appointed the Buyer Mr. Joseph Gutnick as the President, Chief Executive Officer and a director soxx xxxxxxxx xx the Company and Mr. Peter Lee as the Chief Financial Officer and Secretary of the CompanyCompaxx.
Appears in 1 contract
Resignation of Officers and Directors. Effective on the Closing Date, all officers the principal executive officer and directors a director of the Company shall have resigned as officers and directors of the Company and they shall have appointed the Buyer as the President, Chief Executive Officer and a director of the Company.
Appears in 1 contract