Common use of Resignation of Officers and Directors Clause in Contracts

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board of directors of Parent those persons indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing. .. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board of directors of Parent those persons indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-Closing directors and officers and directors of Parent Parent, to the extent outlined in Section 1.8(b) only, shall submit their written resignations from such offices effective as of the Closing, in seriatim. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board Board of directors Directors of Parent and elect those persons officers to the positions indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-pre- Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing. .. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board of directors of Parent, the officers of Parent and the Advisory of Parent, those persons indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board of directors of Parent Parent, assuming the required minimum investment under the PPM, those persons indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing, in seriatim. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board Board of directors Directors of Parent Parent, those persons indicated in Section 1.8(b), effective as of the Closing. To the extent deemed required, Parent will have complied with the applicable provisions of SEC Rule 14f-1 promulgated under the Exchange Act in respect of the election of the new directors of Parent.

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing, in seriatim. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board Board of directors Directors of Parent Parent, those persons indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing, with the exception that Xxxxx X. Xxxxxx shall remain a director. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board of directors of Parent Parent, those persons indicated in Section 1.8(b), effective as of the Closing.

Resignation of Officers and Directors. At the Closing, the pre-Closing officers and directors of Parent shall submit their written resignations from such offices effective as of the Closing. Prior to their resignations, the pre-Closing directors of Parent shall appoint to the board of directors of Parent Parent, those persons Persons indicated in Section 1.8(bExhibits 1.8(b)(i) and (ii), effective as of the Closing.