Managing Directors. Subject to Closing, all of the managing directors (bestuurders) shall resign in writing from their positions as managing directors of the Company and/or the respective Group Companies, which written resignations shall be confirmed by the Company and/or the relevant Group Companies and all of the managing directors shall be granted full discharge (décharge) by the Company and/or the relevant Group Companies for their management of the Company, for the period prior to their resignation up to Closing, the Agreed Form of such shareholders’ resolutions is attached hereto as Schedule 4.6.
Appears in 2 contracts
Sources: Agreement for the Acquisition of the Entire Issued Share Capital, Agreement for the Acquisition of the Entire Issued Share Capital (Seachange International Inc)