Common use of Resignation of Officers and Directors Clause in Contracts

Resignation of Officers and Directors. Each and every officer and director of the Company shall have resigned from any and all positions with the Company as director, officer or employee effective as of immediately prior to the Effective Closing Date.

Appears in 4 contracts

Samples: Agreement and Plan of Reorganization (Sylvan Learning Systems Inc), Agreement and Plan of Reorganization (Sylvan Learning Systems Inc), Agreement and Plan of Reorganization (Sylvan Learning Systems Inc)

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Resignation of Officers and Directors. Each Effective on the Closing Date, all officers and every officer and director directors of the Company shall have resigned from any as officers and all positions with directors of the Company and they shall have appointed the Buyer as directorthe President, officer or employee effective as Chief Executive Officer and a director of immediately prior to the Effective Closing DateCompany.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Language Arts Corp.), Stock Purchase Agreement (Dinamo Corp), Stock Purchase Agreement (Fenario Inc)

Resignation of Officers and Directors. Each and every officer ------------------------------------- and director of the Company shall have resigned from any and all positions with the Company as director, officer or employee effective as of immediately prior to the Effective Closing Date.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Sylvan Learning Systems Inc), Agreement and Plan of Reorganization (Sylvan Learning Systems Inc)

Resignation of Officers and Directors. Each and every officer and director of the Company and each Company Employee shall have resigned from any and all positions resign his/her position with the Company as directorCompany, officer or employee effective as of immediately prior to the Effective Closing Date.

Appears in 2 contracts

Samples: Stock Purchase and Sale Agreement (ABC Funding, Inc), Stock Purchase and Sale Agreement (ABC Funding, Inc)

Resignation of Officers and Directors. Each and every officer and ------------------------------------- director of the Company shall have resigned from any and all positions with the Company as directorresigned, officer or employee effective as of immediately prior to the Effective Closing Date.

Appears in 1 contract

Samples: Stock Purchase Agreement (Scottish Annuity & Life Holdings LTD)

Resignation of Officers and Directors. Each and every Effective on the Closing Date, the principal executive officer and a director of the Company shall have resigned from any and all positions with they shall have appointed the Company Buyer as directorthe President, officer or employee effective as Chief Executive Officer and a director of immediately prior to the Effective Closing DateCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Amazonica, Corp.)

Resignation of Officers and Directors. Each Effective on the Closing Date, all officers and every directors shall have resigned as an officer, director and employee of the Company and they shall have appointed as sole officer and director of the Company shall have resigned from any and all positions with the Company as director, officer or employee effective as of immediately prior to the Effective Closing Date.Company. ARTICLE Ill

Appears in 1 contract

Samples: Stock Purchase Agreement

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Resignation of Officers and Directors. Each Effective on the Closing Date, all officers and every officer and director directors of the Company shall have resigned from any as officers and all positions with directors of the Company and they shall have appointed Mr. Joseph Gutnick as directorthe President, officer or employee effective Chief Executive Officer and soxx xxxxxxxx xx the Company and Mr. Peter Lee as the Chief Financial Officer and Secretary of immediately prior to the Effective Closing DateCompaxx.

Appears in 1 contract

Samples: Stock Purchase Agreement (We Sell for U Corp.)

Resignation of Officers and Directors. Each and every officer and ------------ ---------------------- director of the Company shall have resigned from any and all positions with the Company as director, officer or employee effective as of immediately prior to the Effective Closing Date.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Sylvan Learning Systems Inc)

Resignation of Officers and Directors. Each Effective on the Closing Date, all officers and every officer and director directors of the Company shall have resigned from any as officers and all positions with directors of the Company and they shall have appointed Xx. Xxxxxx Xxxxxxx as directorthe President, officer or employee effective Chief Executive Officer and sole director of the Company and Mr. Xxxxx Xxx as the Chief Financial Officer and Secretary of immediately prior to the Effective Closing DateCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Liquid Financial Engines, Inc.)

Resignation of Officers and Directors. Each and every officer and director Effective on the Closing Date, all officers of the Company shall have resigned from any and all positions with as officers of the Company and they shall have appointed Buyer as directorthe President, officer or employee effective as Chief Executive Officer, Chief Financial Officer and a director of immediately prior to the Effective Closing DateCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cape Cod Aquaculture)

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