Common use of Acquisition of Significant Share Ownership Clause in Contracts

Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange act of 1934, if the schedule disclosed that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (2) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore of its outstanding voting securities.

Appears in 4 contracts

Samples: Employment Agreement (Mayflower Bancorp Inc), Employment Agreement (Mayflower Bancorp Inc), Employment Agreement (Mayflower Bancorp Inc)

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Acquisition of Significant Share Ownership. There is filed or required to be filed a A report on Schedule 13D or another form or schedule (other than Schedule 13G) is filed or is required to be filed under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert person(s) has or have become the beneficial owner owner(s) of 25% or more of a class of the Company’s voting securities, but this clause (2b) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.;

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc)

Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s 's voting securities, but this clause (2b) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.

Appears in 1 contract

Samples: Control Agreement (SI Financial Group, Inc.)

Acquisition of Significant Share Ownership. There The Company files, or is filed or required to be filed file, a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (2ii) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.

Appears in 1 contract

Samples: Employment Agreement (Newport Bancorp Inc)

Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (2) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.

Appears in 1 contract

Samples: Employment Agreement (Mayflower Bancorp Inc)

Acquisition of Significant Share Ownership. There The Company files, or is filed or required to be filed file, a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner owner(s) of 25% or more of a class of the Company’s voting securities, but this clause (2) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.

Appears in 1 contract

Samples: Participation Agreement (Northeast Community Bancorp Inc)

Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D or another form or schedule (other than Schedule 13G) is filed or is required to be filed under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (2b) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.;

Appears in 1 contract

Samples: Change in Control Protection Agreement (Cooperative Bankshares Inc)

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Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D or another form or schedule (other than Schedule 13G) required under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (2b) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.. 170527.2

Appears in 1 contract

Samples: Savings Institute Bank and Trust Company (SI Financial Group, Inc.)

Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D 130 or another form fom1 or schedule (other than Schedule 13G) required under Sections 13(d) or 14(dl4(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s 's voting securities, but this clause (2b) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.

Appears in 1 contract

Samples: Savings Institute Bank and Trust Company (SI Financial Group, Inc.)

Acquisition of Significant Share Ownership. There is filed or required to be filed a report on Schedule 13D or another form or schedule (other than Schedule 13G) is filed or is required to be filed under Sections 13(d) or 14(d) of the Securities Exchange act Act of 1934, if the schedule disclosed discloses that the filing person or persons acting in concert has or have become the beneficial owner of 25% or more of a class of the Company’s voting securities, but this clause (2ii) shall not apply to beneficial ownership of Company voting shares held in a fiduciary capacity by an entity of which the Company directly or indirectly beneficially owns 50% or ore more of its outstanding voting securities.;

Appears in 1 contract

Samples: Employment Agreement (Jefferson Bancshares Inc)

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