Conversion to C Corporation. FDIC understands and agrees that the Company intends to convert from a limited liability company to a “C” corporation and further understands and agrees that appropriate modifications to the EAI Right shall be made, without the consent of FDIC, to conform the EAI Right in connection with such conversion; provided that such conversion will not affect FDIC’s right to receive cash as provided herein.
Appears in 4 contracts
Samples: Equity Appreciation Agreement (FCB Financial Holdings, Inc.), Equity Appreciation Agreement (FCB Financial Holdings, Inc.), Equity Appreciation Agreement (Bond Street Holdings Inc)
