Common use of Board of Directors of Surviving Entity Clause in Contracts

Board of Directors of Surviving Entity. The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Entity as of the Effective Time, until their successors shall be elected and qualified or their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Surviving Entity.

Appears in 4 contracts

Sources: Merger Agreement (Edge Petroleum Corp), Merger Agreement (Global Marine Inc), Agreement and Plan of Merger (Santa Fe International Corp/)