THE MERGER
Except as provided in Section 2.5, the directors of SR Bancorp immediately prior to the Effective Time shall be the initial directors of the Surviving Corporation, each to hold office in accordance with the Articles of Incorporation and Bylaws of the Surviving Corporation. Except as provided in Section 2.5, the officers of SR Bancorp immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation, in each case until their respective successors are duly elected or appointed and qualified.
【参考訳】第 2.5 項に定める場合を除き、発効時直前の SR Bancorp の取締役は、承継会社の最初の取締役となり、各取締役は承継 会社の定款および細則に従って就任する。第 2.5 項に定める場合を除き、発効時直前の SR Bancorp の役員は、それぞれの後任者が正 式に選出または任命され適格となるまで、いずれの場合も、承継会社の最初の役員となる。
