Common use of CURRENT INFORMATION; ADVICE OF CHANGES Clause in Contracts

CURRENT INFORMATION; ADVICE OF CHANGES. (a) During the period from the date of this Plan to the Effective Date, Shore Bancshares will cause one or more of its designated representatives to confer on a monthly or more frequent basis with representatives of Talbot Bancshares regarding its business, operations, properties, assets, and condition (financial or otherwise) and matters relating to the completion of the transactions contemplated herein. As soon as reasonably available, but in no event more than 45 days after the end of each calendar quarter (other than the last calendar quarter of each calendar year) ending after the date of this Plan, Shore Bancshares will deliver to Talbot Bancshares its quarterly reports on Form 10-Q, as filed with the SEC under the Exchange Act. As soon as reasonably available, but in no event more than 90 days after the calendar year, Shore Bancshares will deliver to Talbot Bancshares its Annual Report on Form 10-K as filed with the SEC under the Exchange Act.

Appears in 2 contracts

Samples: Plan and Agreement to Merge (Talbot Bancshares Inc), Stock Option Agreement (Shore Bancshares Inc)

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CURRENT INFORMATION; ADVICE OF CHANGES. (a) During the period from the date of this Plan to the Effective Date, Shore Talbot Bancshares will cause one or more of its designated representatives to confer on a monthly or more frequent basis with representatives of Talbot Shore Bancshares regarding its business, operations, properties, assets, and condition (financial or otherwise) and matters relating to the completion of the transactions contemplated herein. As soon as reasonably available, but in no event more than 45 days after the end of each calendar quarter (other than the last calendar quarter of each calendar year) ending after the date of this Plan, Shore Talbot Bancshares will deliver to Talbot Shore Bancshares its quarterly reports on Form 10-Q, as filed with the SEC under the Exchange Act. As soon as reasonably available, but in no event more than 90 days after the calendar year, Shore Talbot Bancshares will deliver to Talbot Shore Bancshares its Annual Report on Form 10-K as filed with the SEC under the Exchange Act.

Appears in 2 contracts

Samples: Stock Option Agreement (Shore Bancshares Inc), Plan and Agreement to Merge (Talbot Bancshares Inc)

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