Additional Organizers. Upon the approval of the Co-Managers, additional Organizers may be added from time to time, provided that such Organizers ratify and agree to be bound by, and comply with the provisions, terms and conditions of, this Agreement. Each additional Organizer shall execute a signature page to this Agreement (and such other instrument as counsel to the Company shall require), and shall immediately contribute funds in the same amount as has been contributed as of such date by each of the other Organizers.
Appears in 3 contracts
Samples: Pre Opening Funds Agreement (Birmingham Bloomfield Bancshares), Opening Funds Agreement (Solera National Bancorp, Inc.), Opening Funds Agreement (Solera National Bancorp, Inc.)
Additional Organizers. Upon the approval of the Co-Managers, additional Organizers may be added from time to time, provided that such additional Organizers ratify and agree to be bound by, by and comply with the provisions, terms and conditions of, of this Agreement. Each additional Organizer shall execute a signature page to this Agreement (and such other instrument as counsel to the Company shall require), ) and shall immediately contribute funds in the same amount as has been contributed as of such date by each of the other Organizers.
Appears in 1 contract
Additional Organizers. Upon the approval of the Co-Managers, or a majority of the first five Organizers, additional Organizers may be added from time to time, provided that such additional Organizers ratify and agree to be bound by, by and comply with the provisions, terms and conditions of, of this Agreement. Each additional Organizer shall execute a signature page to this Agreement (and such other instrument as counsel to the Company shall require), and shall immediately contribute funds in the same amount as has been contributed as of such date by each of the other OrganizersOrganizers as of such date.
Appears in 1 contract
Samples: Opening Funds Agreement (City Central Bancorp, Inc.)
