Common use of Director Resignation Clause in Contracts

Director Resignation. Prior to the Closing, all of the directors and officers of the Company shall have submitted their resignations to Company to be held in escrow and to become effective at the Closing.

Appears in 4 contracts

Samples: Share Exchange Agreement (Physical Spa & Fitness Inc), Share Exchange Agreement (Best Medical Treatment Group Inc), Share Exchange Agreement (Davin Enterprises Inc)

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Director Resignation. Prior to the Closing, all but one of the directors and officers of the Company shall have submitted their resignations to Company to be held in escrow and to become effective at the Closing.

Appears in 2 contracts

Samples: Share Exchange Agreement (Sino Mart Management LTD), Share Exchange Agreement (Pacific Net Com Inc)

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Director Resignation. Prior to the Closing, all bust one of the directors and officers of the Company shall have submitted their resignations to Company to be held in escrow and to become effective at the Closing.

Appears in 1 contract

Samples: Share Exchange Agreement (Creative Master International Inc)

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