Common use of Approval of Company Stockholders Clause in Contracts

Approval of Company Stockholders. The transactions contemplated by this Agreement shall have been duly approved by the requisite affirmative vote of the issued and outstanding shares of the capital stock of the Company; and not more than 10% of the issued and outstanding shares of Company Common Stock shall have been the subject of objection to the transactions hereunder and demand for payment pursuant to statutory appraisal rights.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Chittenden Corp /Vt/), Agreement and Plan of Reorganization (Chittenden Corp /Vt/)

AutoNDA by SimpleDocs

Approval of Company Stockholders. The transactions contemplated by this Agreement shall have been duly approved by the requisite affirmative vote of the issued and outstanding shares of the capital stock of the Company; and not more than 10% of the issued and outstanding shares of Company Common Stock shall have been the subject of objection to the transactions hereunder and demand for payment pursuant to statutory appraisal rights.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Chittenden Corp /Vt/), Agreement and Plan of Reorganization (Chittenden Corp /Vt/)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.