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

Officers and Directors of the Surviving Corporation. The directors of Merger Sub immediately prior to the Effective Time, from and after the Effective Time, shall be the initial directors of the Surviving Corporation, and shall hold office until their respective successors are duly elected and qualified, or their earlier death, incapacitation, retirement, resignation or removal. The officers of the Company immediately prior to the Effective Time, from and after the Effective Time, shall be the initial officers of the Surviving Corporation, and shall hold office until their respective successors are duly elected and qualified, or their earlier death, incapacitation, retirement, resignation or removal.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Questcor Pharmaceuticals Inc), Agreement and Plan of Merger (Mallinckrodt PLC)

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Officers and Directors of the Surviving Corporation. The directors officers of Merger Sub immediately prior to at the Effective TimeTime shall, from and after the Effective Time, be the officers of the Surviving Corporation until their successors shall have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Charter and the Bylaws. Subject to applicable Law, the directors of Merger Sub shall be the initial directors of the Surviving Corporation, and shall hold office Corporation at the Effective Time until their respective successors are shall have been duly elected or appointed and qualified, qualified or until their earlier death, incapacitation, retirement, resignation or removal. The officers of removal in accordance with the Company immediately prior to Charter and the Effective Time, from and after the Effective Time, shall be the initial officers of the Surviving Corporation, and shall hold office until their respective successors are duly elected and qualified, or their earlier death, incapacitation, retirement, resignation or removalBylaws.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Con-Way Inc.), Agreement and Plan of Merger (XPO Logistics, Inc.)

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Officers and Directors of the Surviving Corporation. The Except as otherwise directed by Parent prior to the Effective Time, subject to applicable Law, the directors of Merger Sub immediately prior to the Effective Time, from and after the Effective Time, Time shall be the initial directors of the Surviving Corporation, Corporation and shall hold office until their respective successors are duly elected and qualified, or their earlier death, incapacitation, retirement, resignation or removal. The officers of the Company immediately Except as otherwise directed by Parent prior to the Effective Time, from and after the officers of Merger Sub immediately prior to the Effective Time, Time shall be the initial officers of the Surviving Corporation, and shall hold office until their respective successors are duly elected and qualified, or their earlier death, incapacitation, retirement, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (KMG Chemicals Inc)

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