Dissenting Rights. Any shareholder of Acquired Corporation who shall not have voted in favor of this Agreement and who has complied with the applicable procedures set forth in the FBCA relating to rights of dissenting shareholders, shall be entitled to receive payment for the fair value of his/her/its Acquired Corporation stock. If, after the Effective Date, a dissenting shareholder of Acquired Corporation fails to perfect, or effectively withdraws or loses, his/her/its right to appraisal and payment for his shares of Acquired Corporation Stock is entitled under Section 2.1 (without interest) upon surrender of such holder of the certificate or certificates representing shares of Acquired Corporation Stock held by him/her/it.
Appears in 1 contract
Samples: Merger Agreement (Southern Security Financial Corp)
Dissenting Rights. Any shareholder of Acquired Corporation who shall not have voted in favor of this Agreement and who has complied with the applicable procedures set forth in the FBCA FBCA, relating to rights of dissenting shareholders, shall be entitled to receive payment for the fair value of his/her/its his Acquired Corporation stockStock. If, If after the Effective Date, Date a dissenting shareholder of Acquired Corporation fails to perfect, or effectively withdraws or loses, his/her/its loses his right to appraisal and payment for his shares of Acquired Corporation Stock, BancGroup shall issue and deliver the consideration to which such holder of shares of Acquired Corporation Stock is entitled under Section 2.1 3.1 (without interest) upon surrender of by such holder of the certificate or certificates representing shares of Acquired Corporation Stock held by him/him or her/it.
Appears in 1 contract
Samples: Merger Agreement (Sarasota Bancorporation Inc / Fl)
Dissenting Rights. Any shareholder of Acquired Corporation who shall not have voted in favor of this Agreement and who has complied with the applicable procedures set forth in the FBCA relating to rights of dissenting shareholders, shall be entitled to receive payment for the fair value of his/her/its Acquired Corporation stock. If, after the Effective Date, a dissenting shareholder of Acquired Corporation fails to perfect, or effectively withdraws or loses, his/her/its right to appraisal and payment for his shares of Acquired Corporation Stock, SSFC shall issue and deliver the consideration to which such holder of shares of Acquired Corporation Stock is entitled under Section 2.1 (without interest) upon surrender of such holder of the certificate or certificates representing shares of Acquired Corporation Stock held by him/her/it.
Appears in 1 contract
Samples: Merger Agreement (Southern Security Financial Corp)
Dissenting Rights. Any shareholder of Acquired Corporation who ----------------- shall not have voted in favor of this Agreement and who has complied with the applicable procedures set forth in the FBCA DGCL, relating to rights of dissenting shareholders, shall be entitled to receive payment for the fair value of his/her/its his Acquired Corporation stockStock. If, If after the Effective Date, Date a dissenting shareholder of Acquired Corporation fails to perfect, or effectively withdraws or loses, his/her/its loses his right to appraisal and payment for his shares of Acquired Corporation Stock, BancGroup shall issue and deliver the consideration to which such holder of shares of Acquired Corporation Stock is entitled under Section 2.1 3.1 (without interest) upon surrender of by such holder of the certificate or certificates representing shares of Acquired Corporation Stock held by him/him or her/it.
Appears in 1 contract
Samples: Merger Agreement (FFLC Bancorp Inc)