Election and Proration Procedures. (a) As promptly as practicable after the Effective Time, but in any event no later than seven business days after the Effective Time, an election form (an “Election Form”), together with the transmittal materials described in Section 3.3 below, shall be mailed to each holder of Seller Common Stock of record at the Effective Time by the exchange agent selected by Buyer and reasonably acceptable to Seller (the “Exchange Agent”). Seller shall provide all information reasonably necessary for the Exchange Agent to perform its obligations as specified herein.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Carolina Financial Corp), Agreement and Plan of Merger (Congaree Bancshares Inc), Employment Agreement (First Community Corp /Sc/)
Election and Proration Procedures. (a) As promptly as practicable after the Effective Time, but in any event no later than seven business days after the Effective Time, an election form (an “Election Form”), together with the transmittal materials described in Section 3.3 below, shall be mailed to each holder of Seller Cornerstone Common Stock of record at the Effective Time by the exchange agent selected by Buyer Parent and reasonably acceptable to Seller Cornerstone (the “Exchange Agent”). Seller Cornerstone shall provide all information reasonably necessary for the Exchange Agent to perform its obligations as specified herein.
Appears in 2 contracts
Samples: Cfo Non Solicitation Agreement (First Community Corp /Sc/), Agreement and Plan of Merger (First Community Corp /Sc/)
