Conversion and Cancellation of Shares. At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any share of capital stock of Providence or First Mid:
Conversion and Cancellation of Shares. The following steps shall occur at the Effective Time:
Conversion and Cancellation of Shares. (a) At the BKFC EFFECTIVE TIME and as a result of the BKFC MERGER, automatically and without further act of BKFC, FTFC or the holders of FTFC common shares or BKFC shares of stock, the following shall occur:
Conversion and Cancellation of Shares. (a) At the BFOH EFFECTIVE TIME and as a result of the BFOH MERGER, automatically and without further act of BFOH, MFFC or the holders of MFFC common shares or BFOH common shares, the following shall occur:
Conversion and Cancellation of Shares. CONDITIONS PRECEDENT TO MERGER
Conversion and Cancellation of Shares. At the Effective Time, by virtue of the Merger and without any action on the part of the holder of any share of capital stock of Soy Capital or First Mid Bank:
Conversion and Cancellation of Shares. As of the Effective Date, by virtue of the Merger:
Conversion and Cancellation of Shares. The manner of converting and ------------------------------------- canceling shares of the Company and Acquisition Corp. in the Merger shall be as follows:
Conversion and Cancellation of Shares. Except for shares as to which dissenters’ rights have been perfected and not withdrawn or otherwise forfeited under Section 6:376 of the Louisiana Banking Law, on the Effective Date each issued and outstanding share of Bank Common Stock, par value $10,000, shall be cancelled.
Conversion and Cancellation of Shares. 2 1.7 Payment for DMC Stock, Stock Options and Debentures............. 4 1.8 Transfers....................................................... 5 1.9