Common use of Directors; Officers Clause in Contracts

Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Purchaser shall be the directors of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be, and (b) the officers of Company shall be the officers of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Information Advantage Inc), Agreement and Plan of Merger (Penney J C Co Inc)

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Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Purchaser immediately prior to the Effective Time shall be the initial directors of the Surviving Corporation, until the earlier of (i) their resignation or removal or until (ii) the time at which their respective successors are duly elected and qualified, as the case may be, and (b) the officers of the Company immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation, until the earlier of (i) their resignation or removal or until (ii) the time at which their respective successors are duly elected and qualified, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Acnielsen Corp), Agreement and Plan of Merger (Vnu N V)

Directors; Officers. From and after the Effective Time, (ai) ------------------- the directors of the Purchaser shall be the directors of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be, and (bii) the officers of the Company shall be the officers of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Akorn Inc), Agreement and Plan of Merger (Hi Tech Pharmacal Co Inc)

Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Purchaser shall be the directors of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be, and (b) the officers of Company shall be the officers of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.. ARTICLE III EFFECT OF THE MERGER ON THE CAPITAL STOCK OF THE CONSTITUENT CORPORATIONS; EXCHANGE OF CERTIFICATES Section 3.1

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Sterling Software Inc), Agreement and Plan of Merger (Interlink Computer Sciences Inc)

Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Purchaser shall be the directors of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be, and (b) the officers of Company shall be the officers of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Pillowtex Corp)

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Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Purchaser immediately prior to the Effective Time shall be the initial directors of the Surviving Corporation, until the earlier of (i) their resignation or removal or until (ii) the time at which their respective successors are duly elected and qualified, as the case may be, and (b) the officers of the Company immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation, until the earlier of (i) their resignation or removal or until (ii) the time at which their respective successors are duly elected and qualified, as the case may be.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ea Engineering Acquisition Corp)

Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Purchaser shall be the directors of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be, and (b) the officers of Company shall be the officers of the Surviving Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.. ARTICLE II

Appears in 1 contract

Samples: Fieldcrest Cannon Inc

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