Directors of the Parent. The directors of Parent immediately prior to the Effective Time shall appoint Xxxxxxx Xxxxx, Xxxx Xxxxxxxxxx and Xxxxxxx Xxxxxxxx to Parent’s board of directors, and thereafter resign effective as of the Effective Time, and the officers of the Surviving Corporation shall be appointed by the new directors, who shall be Xxxxxxx Xxxxx, CEO and Secretary; and Xxxx Xxxxxxxxxx, CFO.
Directors of the Parent. The directors of Parent immediately prior to the Effective Time shall appoint D. Xxxx XxXxxx to Parent’s Board of Directors and as Chairman of the Board of Directors in accordance with Parent’s Amended Bylaws; and the officers of the Surviving Corporation shall be appointed as officers of Parent by the then serving Board of Directors or new directors, as follows: D. Xxxx XxXxxx, Chairman, President and CEO; and Xxxxx X. Xxxxxx, Chief Financial Officer. All other directors and executive officers of Parent, with the exception of Xxxx Xxxxxx, who shall remain as a director of Parent, and Xxxxxxx Xxxxxxxx, who shall remain as the Secretary of Parent, shall resign, in seriatim, at the Closing.
Directors of the Parent. Xxxxx X. Xxxxxxx, Xx. Xxxx X. Xxx Xxxxx X. Xxxxxxxxx Xxxxxxx X. Xxxxxxx Xxxxxx X. Xxxxxxx Xxxx X. Xxxxxx J. Xxxxx Xxxxxxxx Xxxxx X. Xxxxxx
Directors of the Parent. The directors of the Parent immediately prior to the Effective Time shall appoint Dxxxxx X. Xxxxxxxx and Gxxx X. Xxxx to the Parent's Board of Directors, and thereafter resign effective as of the Effective Time. The officers of the Surviving Corporation shall be appointed by the new directors. Within six (6) months from the Effective Time, the board of directors of the Surviving Corporation will form an independent compensation committee to review and determine long-term compensation for the Surviving Corporation's officers.
Directors of the Parent. The directors of the Parent immediately following the Effective Time shall not exceed six (6) directors and shall be as set forth on Exhibit A hereto. Each such director shall hold office until the next annual meeting of stockholders and until their respective successors are duly elected and qualify, or their earlier death, resignation or removal.
Directors of the Parent. Resolutions adopted by the Parent Board increasing the size of the Board and electing the two independent directors designated by the Company as of the Effective Time shall remain in full force and effect.
Directors of the Parent. The sole director of Parent immediately prior to the Effective Time shall appoint Xxxx X. Xxxxxxxxxx and Xxxxxxx X. Xxxxxxxxxx to Parent’s Board of Directors, and thereafter, the such sole director of Parent shall resign, effective as of the Effective Time; and the following persons shall be appointed as officers of Parent by the present or newly designated directors, who shall serve in the capacities indicated: Xxxx X. Xxxxxxxxxx, President; Xxxxxxx X. Xxxxxxxxxx, Vice President, Chief Technology Officer, Secretary and Chief Financial Officer, and Xxxxxxx Xxxxxxxx and Xxxxxxx Xxxxxxx, Parent’s current President and Secretary/Treasurer, respectively, will tender their resignations as President and Secretary/Treasurer of Parent, in seriatim, effective at the Closing.
Directors of the Parent. The directors of the Parent immediately prior to the Effective Time shall appoint Henry Fong, Aaron Grunfeld and Jim Welbourn to the Parent's Xxxxx xx Xirxxxxxx, xxx xxereafter xxxxxx xffective as of the Effective Time. The officers of the Surviving Corporation shall be appointed by the new directors. Within six (6) months from the Effective Time, the board of directors of the Surviving Corporation will form an independent compensation committee to review and determine long-term compensation for the Surviving Corporation's officers.
Directors of the Parent. The directors of Parent immediately prior to the Effective Time shall appoint John W. R.
Directors of the Parent. The directors of Parent immediately prior to the Effective Time shall appoint Xxxxx Xxxxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxx and Xxxxx Xxxx to Parent’s Board of Directors, with Xxxxx Xxxxx serving as the Chairman of the Board, and thereafter, the current directors of Parent shall resign, in seriatim, effective as of the Effective Time, and the following officers shall be appointed as officers of Parent by the present or new directors of Parent: Xxxxx Xxxxx, as Chief Executive Officer and President; Xxxxx Xxxx as Secretary/Treasurer, Xxxxxxx Xxxxx as Vice President of Technology, and Xxxxx Xxxxxxx as Vice President of Sales and Management.
