Common use of Directors; Officers Clause in Contracts

Directors; Officers. At and immediately after the Effective Time, the directors and officers of the Company shall consist of the directors and officers of Merger Sub in office immediately prior to the Effective Time until their respective successors are duly elected or appointed and qualified. Subject to Section 6.12, the directors and officers of the Surviving Corporation in the Second-Step Merger shall be the directors and officers of Parent in office immediately prior to the effective time of the Second-Step Merger.

Appears in 5 contracts

Samples: Agreement and Plan of Merger (Partners Bancorp), Agreement and Plan of Merger (Oceanfirst Financial Corp), Agreement and Plan of Merger (Oceanfirst Financial Corp)

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Directors; Officers. At and immediately after the Effective Time, the directors and officers of the Company shall consist of the directors and officers of Merger Sub in office immediately prior to the Effective Time until their respective successors successor are duly elected or appointed and qualified. Subject to Section 6.126.11, the directors and officers of the Surviving Corporation in the Second-Step Merger shall be the directors and officers of Parent in office immediately prior to the effective time of the Second-Step Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Cape Bancorp, Inc.), Agreement and Plan of Merger (Oceanfirst Financial Corp)

Directors; Officers. At and immediately after the Effective Time, the directors and officers of the Company shall consist of the directors and officers of Merger Sub in office immediately prior to the Effective Time shall be the directors and officers of the surviving corporation in the First-Step Merger until their respective successors are duly elected or appointed and qualified. Subject to Section 6.126.9, the directors and officers of the Surviving Corporation in the Second-Step Merger shall be the directors and officers of Parent Columbia in office immediately prior to the effective time of the Second-Step MergerMerger shall be the directors and officers of the Surviving Corporation until their respective successors are duly elected or appointed and qualified.

Appears in 2 contracts

Samples: Bank Merger Agreement (Columbia Financial, Inc.), Bank Merger Agreement (Stewardship Financial Corp)

Directors; Officers. At and immediately after the Effective Time, the directors and officers of the Company surviving corporation in the Merger shall consist of the directors and officers of Merger Sub in office immediately prior to the Effective Time until their respective successors successor are duly elected or appointed and qualified. Subject to Section 6.12, the directors and officers of the Surviving Corporation in the Second-Step Merger shall be the directors and officers of Parent in office immediately prior to the effective time of the Second-Step Merger.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Newbridge Bancorp), Agreement and Plan of Merger (YADKIN FINANCIAL Corp)

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Directors; Officers. At and immediately after the Effective Time, the directors and officers of the Company Company, as the surviving corporation in the First-Step Merger, shall consist of the directors and officers of Merger Sub in office immediately prior to the Effective Time until their respective successors are duly elected or appointed and qualified. Subject to Section 6.12, the directors and officers of the Surviving Corporation in the Second-Step Merger shall be the directors and officers of Parent in office immediately prior to the effective time of the Second-Step Merger.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Ocean Shore Holding Co.)

Directors; Officers. At and immediately after the Effective Time, the directors and officers of the Company shall consist of the directors and officers of Merger Sub in office immediately prior to the Effective Time shall be the directors and officers of the surviving corporation in the First-Step Merger until their respective successors are duly elected or appointed and qualified. Subject to Section 6.12, the directors and officers of the Surviving Corporation in the Second-Step Merger shall be the directors and officers of Parent in office immediately prior to the effective time of the Second-Step MergerMerger shall be the directors and officers of the Surviving Corporation until their respective successors are duly elected or appointed and qualified.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Oceanfirst Financial Corp)

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