Common use of Officers and Directors of the Company Clause in Contracts

Officers and Directors of the Company. At the Closing, the current officers and directors of the Company shall resign as necessary, each resignation to confirm in writing that the resigning persons do not owe and are not owed anything by the Company, and the persons named below shall be elected to the offices and directorships shown next to their respective names: Name Position ---- -------- Ian Herman DIRECTOR, Chairman of the Board Xxxxld J. Clark DIRECTOR, President, CEO Rxxxxx Xxxxx Chief Financial Officer Joxx Xxxxxx DIRECTOR

Officers and Directors of the Company. At the Closing, the current officers and directors of the Company shall resign as necessary, each resignation to confirm in writing that the resigning persons do not owe and are not owed anything by the Company, and the persons named below shall be elected to the offices and directorships shown next to their respective names: Name Position ---- -------- Ian Herman Xxxxxx Xxxxxxx DIRECTOR, Chairman of the Board Xxxxld J. Clark Board, President Xxxxx Xxxxxxx DIRECTOR, President, CEO Rxxxxx Vice Chairman of the Board Xxxxx Chief Financial Officer Joxx Xxxxxx Xxxxxxx DIRECTOR Xxxxx Xxxx DIRECTOR

Officers and Directors of the Company. At the Closing, the current officers and directors of the Company shall resign as necessary, each resignation to confirm in writing that the resigning persons do not owe and are not owed anything by the Company, and the persons named below shall be elected to the offices and directorships shown next to their respective names: Name Position ---- -------- Ian Herman DIRECTOR, Chairman of the Board Xxxxld J. Clark DIRECTOR, President, CEO Rxxxxx Xxxxx Chief Financial Officer Joxx Xxxxxx DIRECTOR--------

Officers and Directors of the Company. At the Closing, the current officers and directors of the Company shall resign as necessary, each resignation to confirm in writing that the resigning persons do not owe and are not owed anything by the Company, and the persons named below shall be elected to the offices and directorships shown next to their respective names: Name Position ---- -------- Ian Herman Dxxx Xxxxxx DIRECTOR, Chairman of the Board Xxxxld J. Clark Board, President Wxxxxxx X. Xxxxxxx DIRECTOR AND CHAIRMAN OF AUDIT COMMITTEE Ixxxx "Ixx" Kxxxxxxxxx DIRECTOR, President, CEO Rxxxxx Xxxxx Chief Financial Officer Joxx Xxxxxx DIRECTOR