Common use of Amendment, Modification, Etc Clause in Contracts

Amendment, Modification, Etc. The Bank and the Holding Company, by mutual consent of their respective Boards of Directors, to the extent permitted by law, may amend, modify, supplement and interpret this Agreement in such manner as may be mutually agreed upon by them in writing at any time before or after adoption thereof by shareholders of the Bank and the Holding Company; provided, however, that no such amendment, modification or supplements shall change any principal term hereof or the number or kind of shares to be issued by the Holding Company in exchange for each share of the Bank, except by the affirmative action of such shareholders as required by law.

Appears in 2 contracts

Samples: Plan of Reorganization (Chino Commercial Bancorp), Plan of Reorganization (Canyon Bancorp)

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Amendment, Modification, Etc. The Bank Bank, the Subsidiary and the ----------------------------- Holding Company, by mutual consent of their respective Boards of Directors, to the extent permitted by law, may amend, modify, supplement and interpret this Agreement in such manner as may be mutually agreed upon by them in writing at any time before or after adoption thereof by shareholders of the Bank Bank, the Subsidiary and the Holding Company; provided, however, that no such amendment, modification or supplements supplement shall change any principal term hereof or the number or kind of shares to be issued by the Holding Company in exchange for each share of the Bank, except by the affirmative action of such shareholders as required by law.

Appears in 1 contract

Samples: Plan of Reorganization and Agreement of Merger (Sierra Bancorp)

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Amendment, Modification, Etc. The Bank Bank, Subsidiary and the Holding Company, by mutual consent of their respective Boards of Directors, to the extent permitted by law, may amend, modify, supplement and interpret this Agreement in such manner as may be mutually agreed upon by them in writing at any time before the Effective Date or after adoption thereof by shareholders of the Bank Bank, Subsidiary and the Holding Company; provided, however, that no such amendment, modification or supplements supplement shall change any principal term hereof or the number or kind of shares to be issued by the Holding Company in exchange for each share of the Bank, except by the affirmative action of such shareholders as required by law.

Appears in 1 contract

Samples: Plan of Reorganization and Agreement of Merger (Bank of Marin Bancorp)

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