Directors and Officers of Surviving Bank. The directors of NAB immediately after the Effective Time shall be the directors of NAB immediately prior to the Effective Time. The officers of NAB immediately prior to the Effective Time, together with any additional officers of Cornerstone as the directors of NAB may appoint, shall be the officers of the Surviving Bank immediately after the Effective Time.
Directors and Officers of Surviving Bank. Upon consummation of the Merger, the directors and the officers of Merchants Bank immediately prior to the Effective Time shall continue as the directors and the officers of the Surviving Bank, except that one individual serving as a director of NUVO immediately prior to the Merger shall be appointed to the Board of Directors of the Surviving Bank at the Effective Time.
Directors and Officers of Surviving Bank. Except as provided in Section 2.5, the directors of Northfield Bank immediately prior to the Effective Time shall be the initial directors of the Surviving Bank, each to hold office in accordance with the Charter and Bylaws of the Surviving Bank. The officers of Northfield Bank immediately prior to the Effective Time shall be the initial officers of Surviving Bank, in each case until their respective successors are duly elected or appointed and qualified.
Directors and Officers of Surviving Bank. The directors of the ------------------------------------------ Surviving Bank immediately after the Effective Time shall be the directors of NHSB prior to the Effective Time plus two (2) directors of SBM immediately prior to the Effective Time who shall be selected by the Board of Directors of NHSB, each to meet the qualifications of and hold office in accordance with the Certificate of Incorporation and Bylaws of the Surviving Bank. The officers of NHSB immediately prior to the Effective Time shall be the initial officers of the Surviving Bank, in each case until their respective successors are duly elected or appointed and qualified.
Directors and Officers of Surviving Bank. The directors of Investors Bank immediately prior to the Effective Time shall be the directors of the Surviving Bank, each to hold office in accordance with the certificate of incorporation and bylaws of the Surviving Bank, in each case until their respective successors are duly elected or appointed and qualified. Until changed in accordance with the certificate of incorporation and bylaws of the Surviving Bank, the officers of Investors Bank immediately prior to the Effective Time shall be the officers of Surviving Bank.
Directors and Officers of Surviving Bank. The directors of NAB immediately after the Effective Time shall be the directors of NAB immediately prior to the Effective Time. The officers of NAB immediately prior to the Effective Time, together with any additional officers of WB as the directors of NAB may appoint consistent with Massachusetts Banking Law, shall be the officers of NAB immediately after the Effective Time. NAB shall, effective as of the Effective Time, establish a Massachusetts Division Advisory Board (the “Massachusetts Division Advisory Board”), which shall operate pursuant to a written Charter consistent with this Section 2.6, and on or prior to the Closing Date, all of the directors of Westbank as of the date immediately prior to the Closing Date and the Treasurer and Chief Financial Officer of Westbank, Johx X. Xxxxx, xhall be invited to serve as members of such Massachusetts Division Advisory Board until at least the first anniversary of the Closing Date. Massachusetts Division Advisory Board members will not perform policy making functions but will meet periodically to make recommendations to NAB's management concerning the operations of its Massachusetts operations. Each member of the Massachusetts Division Advisory Board shall receive an annual retainer of $12,000.
Directors and Officers of Surviving Bank. The directors of FCB at the Effective Time of the Merger and Charxxx X. Xxxxxx, xx Vice Chairman of the Board, shall be the directors of the Surviving Bank until their successors have been chosen and qualified in accordance with the Articles of Association and Bylaws of the Surviving Bank. The officers of FCB at the Effective Time of the Merger together with Charxxx X. Xxxxxx xxxll be the officers of the Surviving Bank until they resign or are replaced or terminated by the Board of Directors of the Surviving Bank or otherwise in accordance with the Surviving Bank's Articles of Association or Bylaws.
Directors and Officers of Surviving Bank. The directors of the Parent’s Bank immediately prior to the Effective Time shall be the initial directors of the Surviving Bank, each to hold office in accordance with the Charter and Bylaws of the Surviving Bank. The officers of the Parent’s Bank immediately prior to the Effective Time shall be the initial officers of the Surviving Bank, in each case until their respective successors are duly elected or appointed and qualified. There shall be no change to the directors and officers of Parent.
Directors and Officers of Surviving Bank. At the Effective Time of the Merger, the directors of Interim Bank shall be the directors of the Surviving Bank until their successors have been chosen and qualified in accordance with the charter and Bylaws of Mission. The officers of Interim Bank at the Effective Time of the Merger shall be the officers of the Surviving Bank until they resign or are replaced or terminated by the Board of Directors of the Surviving Bank or otherwise in accordance with the Surviving Bank's charter or Bylaws, except that the President and Chief Executive Officer of Mission shall continue to be the President of the Surviving Bank pursuant to the arrangement identified in Section 11.15 herein, and except that CFAC may identify other persons to serve as officers or directors of the Surviving Bank who are not then serving as officers or directors of Interim Bank.
Directors and Officers of Surviving Bank. The directors and officers of Heritage immediately prior to the Effective Date shall be the sole directors and officers of the Surviving Bank, and shall continue in office until their successors are duly elected or otherwise duly selected. The number of directors of the Surviving Bank shall be five. The names and addresses of those persons who shall serve as directors of the Surviving Bank and the expiration dates of their terms are listed on Appendix 1 attached hereto and incorporated herein by reference.
