Common use of RESIGNATIONS OF CERTAIN DIRECTORS Clause in Contracts

RESIGNATIONS OF CERTAIN DIRECTORS. Such directors of the Company as Purchaser shall have specified in writing shall have submitted their resignations (to be effective as of the Closing) from the Board of Directors of the Company. The directors of the Company shall have duly appointed (effective as of the Closing) such other persons as Purchaser shall have designated to fill the vacancies on the Company's Board of Directors. The Seller shall be appointed to be a member of the Company's Board of Directors on the Closing Date.

Appears in 7 contracts

Samples: Stock Purchase Agreement (Incomnet Inc), Stock Purchase Agreement (Incomnet Inc), 6 Stock Purchase Agreement (Incomnet Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.