CONTRIBUTION OF TWIN BRIDGES TO CRM HOLDINGS Sample Clauses

CONTRIBUTION OF TWIN BRIDGES TO CRM HOLDINGS. 2.1 At the Closing, each of the Existing Shareholders shall contribute his common shares, par value US$1.00 per share, of Twin Bridges (the "Twin Bridges Common Shares") in the amounts set forth on Exhibit A-3 hereto to CRM Holdings in exchange for a number of CRM Holdings Common Shares (a portion of which may be CRM Holdings Class B Shares) equal to the percentage of the aggregate outstanding CRM Holding Common Shares and CRM Holdings Class B Shares (after giving effect to the purchase described in Section 3.3 hereof) set forth opposite his name on Exhibit A-3 hereto.
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Related to CONTRIBUTION OF TWIN BRIDGES TO CRM HOLDINGS

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