Directors and Officers of Company Sample Clauses

Directors and Officers of Company. Subject to the terms of the Employment Agreement, there shall have been delivered to the Purchaser on or before the Closing Date the resignations of such persons as the Purchaser shall direct who are presently directors and/or officers of the Company.
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Directors and Officers of Company. Each and every one of the directors and officers of Company in office at and as of the Effective Date will retain their respective position(s) as of an on the Effective Date, and they shall serve until their respective successors are duly elected or appointed and qualified.
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Directors and Officers of Company. (a) As of the Effective Date, all members of Company’s board of directors (the “Board”) have tendered resignations as members of the Board to be effective as of the Merger Time. The Board members of the Surviving Company shall be: Mxxxxxx Xxxxx, Txxxx X’Xxxxxxxx, Wxxx Xxxxx, Rxxx Xxxxxx and Kxx Xxxxxx.
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Directors and Officers of Company. The Board of Directors of the Company immediately following the Closing Time shall consist of persons nominated by the Purchaser and there shall have been delivered to the Purchaser on or before the Closing Time the resignations of such persons as the Purchaser shall direct who are presently directors and/or officers of the Company from such positions and duly executed comprehensive releases from each such person and from the Vendor of all their claims respect-ively, against the Company.
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Directors and Officers of Company. Name of Director ---------------- Xxxxx Xxxxxx Executive Officers: Name of Officer Office(s) Previously Held --------------- ------------------------- Xxxxx Xxxxxx Chief Executive Officer, Chief Financial Officer, President, Secretary, and Treasurer RESIGNATION AS OFFICER & DIRECTOR XXXXXXXXXX.XXX. TO: XXXXXXXXXX.XXX X.X. Xxx 000 Xxxxxxxx, XX 00000 I, Xxxxx Xxxxxx, hereby resign as Chief Executive Officer, Chief Financial Officer, President, Secretary and Treasurer and from any other office which I may currently hold in XxxxxxXxxx.Xxx, effective as of the close of the meeting of directors held on the date below. I further resign as director of XxxxxxXxxx.Xxx effective ten days after XxxxxxXxxx.Xxx mails an Information Statement on Schedule 14F-1 pursuant to section 14(f) of the Securities Exchange Act of 1934, as amended, and Rule 14f-1. Dated this 11th day of December, 2006, as of 5:00 p.m. PST. /s/ Xxxxx Xxxxxx ________________________________ By: Xxxxx Xxxxxx Schedule 3.12 Bank Accounts and Credit Cards XxxxxxXxxx.xxx has a checking account at Bank of America, Bellevue, Washington which will be closed within seven days of closing this Agreement. XxxxxxXxxx.xxx does not have any credit cards.
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Related to Directors and Officers of Company

  • Directors and Officers of the Surviving Company From and after the Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable law, the directors and officers of the Merger Company immediately prior to the Effective Time shall be the directors and officers of the Surviving Company.

  • Directors and Officers of Surviving Corporation The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Corporation. The officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Corporation, each to hold office in accordance with the bylaws of the Surviving Corporation.

  • Directors and Officers of the Surviving Corporation The directors and officers of Merger Sub immediately prior to the Effective Time shall serve as the initial directors and officers of the Surviving Corporation, until their respective successors are duly elected or appointed and qualified.

  • Directors and Officers The directors and officers of Merger Sub, in each case, immediately prior to the Effective Time shall, from and after the Effective Time, be the directors and officers, respectively, of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation and by-laws of the Surviving Corporation.

  • Board of Directors and Officers The directors and corporate officers of Buyer Sub immediately prior to the Effective Time shall continue to be the directors and corporate officers of the Surviving Corporation, each to hold office in accordance with the Certificate of Incorporation and Bylaws of the Surviving Corporation, until their respective successors are duly elected or appointed (as the case may be) and qualified.

  • Directors and Officers Insurance The Company shall, to the extent that the Board determines it to be economically reasonable, maintain a policy of directors’ and officers’ liability insurance (“D&O Insurance”), on such terms and conditions as may be approved by the Board.

  • Officers, Directors and Employees JML has one officer and director, namely Xxxxx Polos, and has no employees.

  • Resignations of Directors and Officers The persons holding the positions of a director or officer of the Company, in office immediately prior to the Effective Time, shall have resigned from such positions in writing effective as of the Effective Time.

  • Indemnification of Company, Directors and Officers Each Underwriter severally agrees to indemnify and hold harmless the Company, its directors, each of its officers who signed the Registration Statement, and each person, if any, who controls the Company within the meaning of Section 15 of the 1933 Act or Section 20 of the 1934 Act, against any and all loss, liability, claim, damage and expense described in the indemnity contained in subsection (a) of this Section, as incurred, but only with respect to untrue statements or omissions, or alleged untrue statements or omissions, made in the Registration Statement (or any amendment thereto), including the Rule 430A Information, the General Disclosure Package or the Prospectus (or any amendment or supplement thereto) in reliance upon and in conformity with the Underwriter Information.

  • Indemnification of Directors and Officers; Tail Insurance (a) The Parties agree that all rights to exculpation, indemnification and advancement of expenses existing in favor of the current or former directors and officers of the Purchaser or Merger Sub and each Person who served as a director, officer, member, trustee or fiduciary of another corporation, partnership, joint venture, trust, pension or other employee benefit plan or enterprise at the request of the Purchaser or Merger Sub (the “D&O Indemnified Persons”) as provided in their respective Organizational Documents or under any indemnification, employment or other similar agreements between any D&O Indemnified Person and the Purchaser or Merger Sub, in each case as in effect on the date of this Agreement, shall survive the Closing and continue in full force and effect in accordance with their respective terms to the extent permitted by applicable Law. For a period of six (6) years after the Effective Time, the Purchaser shall cause the Organizational Documents of the Purchaser and the Surviving Corporation to contain provisions no less favorable with respect to exculpation and indemnification of and advancement of expenses to D&O Indemnified Persons than are set forth as of the date of this Agreement in the Organizational Documents of the Purchaser and Merger Sub to the extent permitted by applicable Law. The provisions of this Section 5.18 shall survive the consummation of the Merger and are intended to be for the benefit of, and shall be enforceable by, each of the D&O Indemnified Persons and their respective heirs and representatives.

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