Common use of Amendments; Additional Agreements Clause in Contracts

Amendments; Additional Agreements. At any time before or after approval and adoption by the shareholder of the Bank, this Agreement may, by written instrument executed by the Constituent Banks, be modified, amended or supplemented by additional agreements, articles or certificates as may be determined in the judgment of the respective board of directors of the Constituent Banks to be necessary, desirable or expedient to further the purposes of this Agreement, to clarify the intention of the Parties, to add to or modify the covenants, terms or conditions contained herein or to effectuate or facilitate any governmental approval of the Bank Merger or this Agreement, or otherwise to effectuate or facilitate the consummation of the transactions contemplated hereby. [signatures appear on next page]

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Select Bancorp, Inc.), V8 Agreement and Plan of Merger (First Bancorp /Nc/), Consulting and Noncompete Agreement (Carolina Bank Holdings Inc)

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Amendments; Additional Agreements. At any time before or after approval and adoption by the shareholder of the Bank, this Agreement may, by written instrument executed by the Constituent Banks, be modified, amended or supplemented by additional agreements, articles or certificates as may be determined in the judgment of the respective board of directors of the Constituent Banks to be necessary, desirable or expedient to further the purposes of this Agreement, to clarify the intention of the Parties, to add to or modify the covenants, terms or conditions contained herein or to effectuate or facilitate any governmental approval of the Bank Merger or this Agreement, or otherwise to effectuate or facilitate the consummation of the transactions contemplated hereby. [signatures appear on next page].

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (First Bancorp /Nc/), Agreement and Plan of Merger and Reorganization (ASB Bancorp Inc)

Amendments; Additional Agreements. At any time before or after approval and adoption by the shareholder of the Bank, this Agreement may, by written instrument executed by the Constituent Banks, be modified, amended or supplemented by additional agreements, articles or certificates as may be determined in the judgment of the respective board of directors of the Constituent Banks to be necessary, desirable or expedient to further the purposes of this Agreement, to clarify the intention of the PartiesConstituent Banks, to add to or modify the covenants, terms or conditions contained herein or to effectuate or facilitate any governmental approval of the Bank Merger or this Agreement, or otherwise to effectuate or facilitate the consummation of the transactions contemplated hereby. [signatures appear on next page]

Appears in 2 contracts

Samples: Agreement and Plan of Merger and Reorganization (Grandsouth Bancorporation), Agreement and Plan of Merger (First Bancorp /Nc/)

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Amendments; Additional Agreements. At any time before or after the approval and adoption by the shareholder respective shareholders of the Bank, this Agreement may, by written instrument executed by the Constituent Banks, this Agreement (other than Sections 5 and 6) may be modified, amended or supplemented by additional agreements, articles or certificates as may be determined in the judgment of the respective board boards of directors Directors of the Constituent constituent Banks to be necessary, desirable or expedient to further the purposes of this Agreement, to clarify the intention of the Partiesparties, to add to or modify the covenants, terms or conditions contained herein or to effectuate or facilitate any an governmental approval of the Bank Merger or of this Agreement, or otherwise to effectuate or facilitate the consummation of the transactions contemplated hereby. [signatures appear on next pagefollowing pages]

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (FNB Banking Co)

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