Common use of Resignations and Appointments Clause in Contracts

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.

Appears in 2 contracts

Samples: Merger Agreement (Crystal Decisions Inc), Merger Agreement (Business Objects Sa)

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Resignations and Appointments. The Company shall use all reasonable efforts to obtain the resignations of all (i) the members of the board Boards of directors Governors (or other similar governing bodies) of any Company Subsidiary Association (the "Controlled Associations") which Parent lists in a written notice delivered to the Company, in 72 the event Parent delivers such a notice, and have Persons persons chosen by Parent appointed as (i) members of the board Boards of directors Governors (or other governing bodies) of such Company Subsidiaries effective as of Controlled Associations immediately prior to the Effective TimeMerger Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Trendwest Resorts Inc)

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Resignations and Appointments. The Company shall use all reasonable efforts to obtain the resignations of all (i) the members of the board Boards of directors Governors (or other similar governing bodies) of any Company Subsidiary Association (the "Controlled Associations") which Parent lists in a written ----------------------- notice delivered to the Company, in 72 the event Parent delivers such a notice, and have Persons persons chosen by Parent appointed as (i) members of the board Boards of directors Governors (or other governing bodies) of such Company Subsidiaries effective as of Controlled Associations immediately prior to the Effective TimeMerger Closing.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Cendant Corp)

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