Common use of Resignations and Appointments of Company's Officers and Directors Clause in Contracts

Resignations and Appointments of Company's Officers and Directors. At or prior to Closing, the Company shall deliver to Buyer resignations, in a form and substance acceptable to Buyer, providing for the resignation of all of the officers of the Company and all of the directors of the Company effective as of the Closing (the "RESIGNATIONS"). At or prior to Closing, the Company shall deliver to Buyer duly adopted resolutions, in a form and substance acceptable to Buyer, providing for: (i) the appointment of Xxxxx X. Xxxxxxx to serve as the President, Treasurer and Secretary of the Company, and (ii) the appointment of Xxxxx X. Xxxxxxx as the sole director of the Company, each effective as of the Closing (the "RESOLUTIONS").

Resignations and Appointments of Company's Officers and Directors. At or prior to Closing, the Company shall deliver to the Buyer resignations, in a form and substance reasonably acceptable to the Buyer, providing for the resignation of all of the directors and officers of the Company and all of the directors of the Company effective as of the Closing (the "RESIGNATIONSClosing Resignations"). At or prior to Closing, the Company shall deliver to the Buyer duly adopted resolutions, in a form and substance reasonably acceptable to the Buyer, providing for: (i) for the appointment of Xxxxx X. Xxxxxxx to serve as the sole director, President, Treasurer and Secretary of the Company, and (ii) the appointment of Xxxxx X. Xxxxxxx as the sole director of the Company, each effective as of the Closing (the "RESOLUTIONSClosing Appointments").

Resignations and Appointments of Company's Officers and Directors. At or prior to Closing, the Company shall deliver to Buyer resignations, in a form and substance acceptable to Buyer, providing for the resignation of all of the officers of the Company and all of the directors of the Company effective as of the Closing (the "RESIGNATIONS"). At or prior to Closing, the Company shall deliver to Buyer duly adopted resolutions, in a form and substance acceptable to Buyer, providing for: (i) the appointment of Xxxxx Kxxxx X. Xxxxxxx to serve as the President, Treasurer and Secretary of the Company, and (ii) the appointment of Xxxxx Kxxxx X. Xxxxxxx as the sole director of the Company, each effective as of the Closing (the "RESOLUTIONS").