Resignations of Directors and Officers. Such members of the boards of directors and such officers of the Company and the Subsidiaries as are designated in a written notice delivered at least two (2) Business Days prior to the Closing Date by Purchaser to Seller shall have tendered, effective at the Closing, their resignations as such directors and officers.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Metacreations Corp), Option to Purchase (PDT Inc /De/), Investment Agreement (PDT Inc /De/)
Resignations of Directors and Officers. Such members of the boards of directors and such officers of the Company and the Subsidiaries as are designated in a written notice delivered at least two (2) Business Days prior to the Closing Date by Purchaser to Seller shall have tendered, effective at the Closing, their resignations as such directors and officers.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Qad Inc), Stock Purchase Agreement (Qad Inc)
Resignations of Directors and Officers. Such members of the boards of directors and such officers of the Company and the Operating Subsidiaries as are designated in a written notice delivered at least two (2) Business Days on or prior to the Closing Date by Purchaser to Seller Stockholder shall have tendered, effective at the Closing, their resignations as such directors and officers.
Appears in 2 contracts
Samples: Purchase Agreement (Bruker Axs Inc), Purchase Agreement (Bruker Axs Inc)
Resignations of Directors and Officers. Such members of the boards of directors and such officers of the Company and the Subsidiaries as are designated in a written notice delivered at least two five (25) Business Days prior to the Closing Date by Purchaser to Seller shall have tendered, effective at the Closing, their resignations as such directors and officers.
Appears in 1 contract
Samples: Stock Purchase Agreement (Steinway Musical Instruments Inc)
