Conversion of KY Bank Shares. At the Effective Time, each issued and outstanding share of KY Bank capital stock shall automatically by virtue of the Bank Merger be canceled without payment.
Appears in 6 contracts
Samples: Agreement and Plan of Merger (Kentucky Bancshares Inc /Ky/), Agreement and Plan of Merger (Kentucky Bancshares Inc /Ky/), Agreement and Plan of Merger (Kentucky Bancshares Inc /Ky/)