Common use of Directors; Officers Clause in Contracts

Directors; Officers. From and after the Effective Time, (a) the directors of Sub serving immediately prior to the Effective Time shall be the directors of the Surviving Corporation and each Subsidiary of the Surviving Corporation until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be and (b) the officers of the Company serving immediately prior to the Effective Time shall be the officers of the Surviving Corporation and the officers of each Subsidiary of the Company serving immediately prior to the Effective Time shall be the officers of such Subsidiary of the Surviving Corporation, in each case until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (H&r Block Inc), Agreement and Plan of Merger (Infospace Inc), Agreement and Plan of Merger

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Directors; Officers. From and after the Effective Time, (a) the directors of Sub serving immediately prior to the Effective Time shall be the directors of the Surviving Corporation and each Subsidiary of the Surviving Corporation until the earlier of their death, resignation or removal or until their respective successors are duly elected and qualified, as the case may be be, in accordance with the certificate of incorporation and by-laws of the Surviving Corporation and (b) the officers of the Company serving immediately prior to the Effective Time shall be the officers of the Surviving Corporation and the officers of each Subsidiary of the Company serving immediately prior to the Effective Time shall be the officers of such Subsidiary of the Surviving Corporation, in each case until the earlier of their death, resignation or removal or until their respective successors are duly elected appointed and qualified, as the case may be, in accordance with the certificate of incorporation and by-laws of the Surviving Corporation.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Mellanox Technologies, Ltd.), Agreement and Plan of Merger (PMC Sierra Inc), Agreement and Plan of Merger (Ezchip Semiconductor LTD)

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Directors; Officers. From and after the Effective Time, (a) ------------------- the directors of Sub serving immediately prior to the Effective Time Purchaser shall be the directors of the Surviving Corporation and each Subsidiary of the Surviving Corporation Corporation, until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be be, and (b) the officers of the Company serving immediately prior to the Effective Time shall be the officers of the Surviving Corporation and the officers of each Subsidiary of the Company serving immediately prior to the Effective Time shall be the officers of such Subsidiary of the Surviving Corporation, in each case until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Penney J C Co Inc), Agreement and Plan of Merger (Information Advantage Inc)

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