Common use of Directors and Officers of the Surviving Company Clause in Contracts

Directors and Officers of the Surviving Company. (i) At the Effective Time, the directors of Merger Sub immediately prior to the Effective Time shall, from and after the Effective Time of the Merger, be managers of the Surviving Company until their successors have been duly elected or appointed and qualified, or their earlier death, resignation or removal.

Directors and Officers of the Surviving Company. (i) At From and after the Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable Law, (i) the directors of Merger Sub immediately prior to at the Effective Time shall, from and after shall be the Effective Time of the Merger, be managers directors of the Surviving Company until their successors have been duly elected or appointed and qualified, or their earlier death, resignation or removal(ii) the officers of Merger Sub at the Effective Time shall be the officers of the Surviving Company.

Directors and Officers of the Surviving Company. (i) At the Effective Time, the The directors of Merger Sub immediately prior to the Effective Time shallwill, from and after the Effective Time of the MergerTime, be managers the directors of the Surviving Company Company, and the officers of the Merger Sub immediately prior to the Effective Time will, from and after the Effective Time, be the officers of the Surviving Company, in each case, until their respective successors have been duly elected elected, designated or appointed and qualified, or until their earlier death, disqualification, resignation or removal.removal in accordance with the Surviving Company’s M&A.

Directors and Officers of the Surviving Company. (ia) At the Effective Time, the The directors of Merger Sub immediately prior to the Effective Time shall, from and after shall be the Effective Time of the Merger, be managers directors of the Surviving Company immediately following the Effective Time until the earlier of their resignation or removal or until their respective successors have been are duly elected or appointed and qualified, or their earlier death, resignation or removalas the case may be. The Target shall not be entitled to designate any of the directors of the Surviving Company.

Directors and Officers of the Surviving Company. (ia) At the Effective Time, the The directors of Merger Sub immediately prior to the Impax Merger Effective Time shallshall be, from and after the Effective Time as of the MergerImpax Merger Effective Time, be managers the directors of the Surviving Company until the earlier of their resignation or removal or until their respective successors have been are duly appointed, elected or appointed and qualified, or their earlier death, resignation or removalas the case may be.

Directors and Officers of the Surviving Company. (i) At From and after the Effective Time, the directors and officers of Merger Sub immediately prior to the Effective Time shall, from shall be the directors and after the Effective Time of the Merger, be managers officers of the Surviving Company Company, and such directors and officers shall serve until their successors have been duly elected or appointed and qualified, qualified or until their earlier death, resignation or removalremoval in accordance with the Organizational Documents of the Surviving Company.

Directors and Officers of the Surviving Company. (i) At the Effective Time, the directors and officers of Merger Sub immediately prior to the Effective Time shall, from shall be the initial directors and after the Effective Time officers of the MergerSurviving Company, be managers each to hold office in accordance with the Organizational Documents of the Surviving Company until their successors have been such director’s or officer’s successor is duly elected or appointed and qualified, or until the earlier of their earlier death, resignation or removal.

Directors and Officers of the Surviving Company. (i) At the Effective TimeSubject to applicable Law, the directors and officers of Merger Sub immediately prior to the Effective Time shall, from shall be the initial directors and after the Effective Time of the Merger, be managers officers of the Surviving Company and shall hold office until their respective successors have been are duly elected or appointed and qualified, or their earlier death, resignation or removal.

Directors and Officers of the Surviving Company. (ia) At the Effective Time, the The directors of Merger Sub immediately prior to the Effective Time shall, from and after will be the Effective Time of the Merger, be managers directors of the Surviving Company until the next annual meeting (or the earlier of their resignation or removal) and until their respective successors have been are duly elected or appointed and qualified, or their earlier death, resignation or removalas the case may be.

Directors and Officers of the Surviving Company. (ia) At the Effective Time, each of the directors of Merger Sub immediately prior to the Effective Time shallshall become, from and after as of immediately following the Effective Time of Time, the Merger, be managers directors of the Surviving Company Company, until their successors have been duly his or her successor is elected and qualified or appointed and qualified, until his or their her earlier death, resignation or removal.

Directors and Officers of the Surviving Company. (i) At From and after the Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable Law, (a) the directors of Merger Sub immediately prior to the Effective Time shall, from and after shall be the Effective Time of the Merger, be managers directors of the Surviving Company until their successors have been duly elected or appointed and qualified, or their earlier death, resignation or removal(b) the officers of Merger Sub immediately prior to the Effective Time shall be the officers of the Surviving Company.

Directors and Officers of the Surviving Company. (i) At From and after the Effective Time, (i) the directors of Merger Sub immediately prior to as at the Effective Time shall, from and after shall be the Effective Time of the Merger, be managers directors of the Surviving Company and (ii) the officers of Merger Sub as at the Effective Time shall be the officers of the Surviving Company, in each case until their respective successors have been are duly elected or appointed and qualified, or their earlier death, resignation or removalqualified in accordance with applicable law.

Directors and Officers of the Surviving Company. (ia) At the Effective Time, the The directors of Merger Sub immediately prior to the Effective Time shall, from and after shall be the Effective Time of the Merger, be managers directors of the Surviving Company immediately following the Effective Time until the earlier of their resignation or removal or until their respective successors have been are duly elected or appointed and qualified, or their earlier death, resignation or removalas the case may be.

Directors and Officers of the Surviving Company. (ia) At the Effective Time, the directors of Merger Sub immediately prior to the Effective Time shallshall become, from and after effective as of immediately following the Effective Time of Time, the Merger, be managers directors of the Surviving Company Company, until their successors have been duly his or her successor is elected and qualified or appointed and qualified, until his or their her earlier death, resignation or removal.