Common use of Distribution of First Merchants’ Common Stock Clause in Contracts

Distribution of First Merchants’ Common Stock. (a) Each share of common stock of First Merchants outstanding immediately prior to the Effective Date shall remain outstanding unaffected by the Merger.

Appears in 5 contracts

Samples: Agreement and Plan (First Merchants Corp), Agreement and Plan of Reorganization (MBT Financial Corp), Agreement and Plan of Reorganization and Merger (First Merchants Corp)

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Distribution of First Merchants’ Common Stock. (a) Each share of common stock of First Merchants outstanding immediately prior to the Effective Date shall remain outstanding unaffected by the Merger. Any shares of IALB Common Stock held by First Merchants shall be cancelled by virtue of the Merger and not be exchanged for shares of First Merchants Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization and Merger (First Merchants Corp)

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