Common use of Conversion of Community First Capital Stock Clause in Contracts

Conversion of Community First Capital Stock. At the Effective Time, by virtue of the Merger and without any action on the part of a holder of shares of Community First common stock, without par value (“Community First Common Stock”), and the Series A Preferred Stock, $10.00 par value per share (the “Series A Preferred Stock”) (the shares of Community First Common Stock and Series A Preferred Stock shall be referred to collectively as “Community First Capital Stock”):

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Community First Financial Corp), Agreement and Plan of Reorganization (American National Bankshares Inc)

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Conversion of Community First Capital Stock. At the Effective Time, by virtue of the Merger and without any action on the part of a holder of shares of Community First common stock, without par value (“Community First Common Stock”), and the Series A Preferred Stock, $10.00 par value per share (the “Series A Preferred Stock”) (the shares of Community First Common Stock and Series A Preferred Stock shall be referred to collectively as “Community First Capital Stock”):), but subject to the provisions of Section 6.1(h) hereof:

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Community First Financial Corp), Agreement and Plan of Reorganization (American National Bankshares Inc)

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