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Common use of Changes in Management Clause in Contracts

Changes in Management. Upon the consummation of the transactions contemplated by this Agreement, the then current officers of the Company shall resign effective immediately and the Board of Directors of the Company shall appoint the designated individuals of the Purchaser to the designated positions with the Company.

Appears in 4 contracts

Sources: Stock Purchase Agreement (Real Value Estates Inc), Stock Purchase Agreement (Real Value Estates Inc), Stock Purchase Agreement (Real Value Estates Inc)

Related Clauses

  • Changes in Business, Management
  • Changes in General Partner
  • Changes in Ownership
  • Change Management
  • Changes in Writing

Parent Clauses

  • Representations and Warranties
  • Representations and Warranties by the Company
  • Representations and Warranties of the Company
  • Representations and Warranties of the Company and the Operating Partnership
  • Recitals Definitions

Sub-Clauses

  • Conditions to Obligations of Parent and Merger Subs
  • Conditions to Obligations of the Companies
  • Indemnification of Parent, Merger Subs and Surviving Corporations
  • Payment of Indemnification by Shareholders
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