Resignations and Appointments. The Company shall use all reasonable efforts to obtain the resignations of all the members of the board of directors (or other similar governing bodies) of any Company Subsidiary which Parent lists in a written notice delivered to the Company, in the event Parent delivers such a notice, and have Persons chosen by Parent appointed as members of the board of directors (or other governing bodies) of such Company Subsidiaries effective as of the Effective Time.
Resignations and Appointments. Effective upon the taking up of and payment for the Shareholder’s Shares and the KS Shares under the Offer, KS and Mrs. KS shall each resign as an officer and director (as applicable) of the Corporation and each of its Subsidiaries and KS shall use his reasonable best efforts to assist the Acquiror in securing the resignation of such other officers and directors of the Corporation and its Subsidiaries as the Acquiror may request in writing.
Resignations and Appointments. (a) The Company shall deliver to Buyer written resignations, effective as of the Closing Date, of the officers and managers of the Company and/or its Subsidiaries set forth on Section 6.05(a) of the Disclosure Schedules at least three (3) Business Days prior to the Closing.
Resignations and Appointments. Indoor Harvest shall have delivered to Alamo CBD letters of resignation from (i) Xxxx Xxxx, resigning from his position as a director of Indoor Harvest and from all offices held by him effective as of the Closing Date and (ii) Xxxx Xxxxx, resigning from his position as a director of Indoor Harvest and from all offices held by him effective as of the Closing Date (iii) Xxxx Xxxxxxxxx, resigning from his position as a director of Indoor Harvest and from all offices held by him effective as of the Closing Date and (iv) Xxxxx Xxxxxx, resigning from his position as a director of Indoor Harvest effective as of the Closing Date and will automatically become effective upon the tenth (10th ) day following the mailing of the 14f-1 Notice by Indoor Harvest to its stockholders and evidence of the election of (v) the person(s) identified by Alamo CBD as directors effective as of the Closing Date, (vi) such other directors as Alamo CBD may designate effective upon the tenth (10th ) day following the mailing of the 14f-1 Notice and (z) the officers designated by Alamo CBD effective as of the Closing Date. (m)
Resignations and Appointments. The Company shall use reasonable best efforts to cause each director and officer of the Company and the Company Subsidiaries to resign such director’s or officer’s position with the Company or the Company Subsidiary, as applicable, effective as of the Closing. At the Closing, the Company shall cause the Company Board to consist of (i) the chief executive officer of the Company following Closing, (ii) three (3) directors designated by Blackstone, (iii) two (2) directors designated by ISQ, (iv) one (1) director designated by Artemis Sponsor, and (v) four (4) directors that would qualify as independent for purposes of service on the audit committee of the Company under NASDAQ rules, the Exchange Act and the Xxxxxxxx-Xxxxx Act of 2002, two (2) of whom shall be designated by Artemis Sponsor and two (2) of whom shall be designated by Contributor; provided, that each of Artemis Sponsor and Contributor shall have one (1) (but no more than one (1)) opportunity to veto one (1) of such other Person’s designees under this clause (v) in its sole discretion but shall have no further veto or similar right with respect to any other designee of such Person under this clause (v).
Resignations and Appointments. Effective as of the Closing, all of the members of the board of directors of the Company, other than Xxxxxx X. Xxxxxx and Xxxxx X. Love, shall have resigned from the board of directors of the Company and all of the members of the board of directors of One Price Realty, Inc. other than Xxxxxx Xxxxxxx shall have resigned from the board of directors of One Price Realty, Inc., and the Company shall have taken such action (and caused One Price Realty, Inc. to take such action) so that (i) Xxxx X. Xxxxx, Xxxxxx X. Xxxxxx, Xxxx Xxxxxxx, and Xxxxxxxx X. Xxxxx shall be appointed to the board of directors of the Company, (ii) Xxxx X. Xxxxx and Xxxxxx X. Xxxxxx are appointed to the Board of Directors of One Price Realty, Inc. and (iii) those persons listed on Schedule 6.1(l) shall have been appointed officers of the Company and One Price Realty, Inc., all in accordance with the terms of the constituent documents of the Company and One Price Realty, Inc. and in compliance with all applicable law.
Resignations and Appointments. CYIX shall have delivered to Goldenway (i) a letter of resignation from Xx. Xxxxx X. Bowering resigning from his position as a director of CYIX and from all offices he holds effective upon the Closing; (ii) evidence of the election of such persons as officers and directors as may be designated by Goldenway, effective as of the Closing.
Resignations and Appointments. VEDO shall have received the resignations, effective as of the Closing, of all the directors and officers of GoSolutions (but with respect to the officers, not their employment with GoSolutions), except for such persons as shall have been designated in writing prior to the Closing by VEDO.
Resignations and Appointments. 1.5 A letter of resignation in the agreed terms from the directors of the Company and each of the Subsidiaries.
Resignations and Appointments. DDLX shall deliver to Golden Sunset (i) a letter of resignation from Lxxx Xxx resigning from all offices she holds with DDLX and from her positions as a director and Chairman of DDLX effective upon the Closing; and (ii) evidence of the election of Jun Quan, as the Chairman, Chief Executive Officer, President, Treasurer and Secretary of DDLX effective upon the Closing.
