Common use of Directors of Acquiror Company at Closing Date Clause in Contracts

Directors of Acquiror Company at Closing Date. By the Closing Date the current directors of the Acquiror Company shall appoint ▇▇. ▇▇ ▇▇▇▇ ▇▇▇▇▇, ▇▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ and Mr. Lie Xi Zhuang as directors of the Acquiror Company. Each current director of the Acquiror Company shall resign as a director of the Acquiror Company Board.

Directors of Acquiror Company at Closing Date. By the Closing Date the current directors of the Acquiror Company shall appoint W▇▇▇▇▇▇ ▇. ▇▇ ▇▇▇▇▇, W▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇. ▇▇▇▇▇ and J▇▇▇ ▇▇▇▇ and Mr. Lie Xi Zhuang ▇▇▇▇, as directors members of the Acquiror CompanyCompany Board. Each Simultaneously therewith, all current director directors of the Acquiror Company shall resign as a director directors of the Acquiror Company Board.

Directors of Acquiror Company at Closing Date. By the Closing Date the The current directors of the Acquiror Company shall appoint ▇▇. ▇▇▇▇▇ ▇▇▇▇ ▇▇▇, Ph.D., ▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇ and ▇▇▇▇ ▇. ▇▇▇▇▇ ▇▇▇ ▇▇▇▇ and Mr. Lie Xi Zhuang (the "New Directors"), as directors additional members of the Acquiror CompanyCompany Board effective immediately following the Exchange. Each Effective immediately following the Exchange, all current director directors of the Acquiror Company shall resign as a director directors of the Acquiror Company Board.