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Common use of Board Determination Clause in Contracts

Board Determination. The respective boards of directors of Purchaser and Seller have each determined that the Parent Merger and the other transactions contemplated hereby are consistent with and will further their respective business strategies and goals and are in the best interests of their respective shareholders and, therefore, have approved the Parent Merger, this Agreement and the plan of merger contained in this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (S&t Bancorp Inc), Merger Agreement (S&t Bancorp Inc), Merger Agreement (Ibt Bancorp Inc)

Board Determination. The respective boards of directors of Purchaser CMS and Seller Customers have each determined that the Parent Merger Merger, and the other transactions contemplated hereby are consistent with and will further their respective business strategies and goals and are in the best interests of their respective shareholders shareholders, and, therefore, have approved the Parent Merger, this Agreement and the plan of merger contained in this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (CMS Bancorp, Inc.), Merger Agreement (Customers Bancorp, Inc.)

Board Determination. The respective boards of directors of Purchaser and Seller have each determined that the Parent Merger and the other transactions contemplated hereby are consistent with and will further their respective business strategies and goals and are in the best interests of their respective shareholders corporations and, therefore, have approved the Parent Merger, this Agreement and the plan of merger contained in this Agreement.

Appears in 1 contract

Samples: Merger Agreement (S&t Bancorp Inc)

Board Determination. The respective boards of directors of Purchaser Parent and Seller have each determined that the Parent Merger and the other transactions contemplated hereby are consistent with and will further their respective business strategies and goals and are in the best interests of their respective shareholders and, therefore, have approved the Parent Merger, this Agreement and the plan of merger contained in this Agreement.

Appears in 1 contract

Samples: Merger Agreement (S&t Bancorp Inc)