Election Options Sample Clauses

Election Options. In the box marked “Election Options” indicate whether you would like to receive in exchange for your shares of TBI Common Stock, only shares of Community Common Stock (All Stock Election) or a combination of Community Common Stock and cash (Partial Stock Election). Mxxx only one selection in this box. If you desire all cash consideration, do not return this Election Form or your TBI stock certificates at this time. The Merger Agreement limits the amount of cash and the amount of Community Common Stock that can be issued in the Merger, and it thus may not be possible for all elections to be honored in full. To find out more about these limits and the allocation method that will be used, please see “Merger Agreement - Allocation and Proration Procedures” on page 45 of the proxy statement-prospectus.
AutoNDA by SimpleDocs
Election Options. In the area marked “Election Options,” indicate whether you would like to receive in exchange for your shares of Community Bancshares common stock, (i) only shares of First Merchants common stock (“All Stock Election”), (ii) only cash (“All Cash Election”), (iii) a combination of common stock and cash (“Combination Stock/Cash Election”) or (iv) “No Election.” Xxxx only one selection in this box. The Merger Agreement limits the amount of cash that can be issued in the Merger, and it may not be possible for all Cash Elections to be honored in full. To find out more about these limits and the adjustment, allocation and proration method that will be used, please see “The Merger—Exchange of Community Bancshares Common Stock” in the proxy statement and prospectus delivered with this Election Form.
Election Options. The terms of the Merger Agreement allow you to elect to receive cash in exchange for some or all of your shares of Community Bank common stock, subject to the proration provisions of the Merger Agreement as described in the proxy statement/prospectus. Select from the following options: 1. Elect to exchange ALL of your shares of Community Bank common stock for cash. You may select this option, indicating that you want to receive $20.375 in cash, without interest, in exchange for ALL of your shares of Community Bank common stock, subject to the proration provisions of the Merger Agreement. 2. Elect to exchange A PORTION of your shares of Community Bank common stock for cash. You may select this option, indicating that you want to receive $20.375 in cash, without interest, in exchange for A PORTION of your shares of Community Bank common stock, subject to the proration provisions of the Merger Agreement. If you select this option, you must indicate in the space provided on the Election Form and Letter of Transmittal the number of shares of Community Bank common stock in exchange for which you are electing to receive cash. You will be deemed to have made a "non-election" with respect to your remaining shares of Community Bank common stock, and those remaining shares of Community Bank common stock will be converted into the right to receive shares of Bankshares common stock, subject to the proration provisions of the Merger Agreement. If you select this option but you do not indicate the number of shares of Community Bank common stock in exchange for which you are electing to receive cash, we will assume you want to exchange ALL of your shares for cash.
Election Options. Subject to the election and allocation procedures set forth in this Section 1.6, each record holder of WesterFed Common Stock as of the Election Deadline will be entitled to elect to receive (i) the Cash Distribution for all or a portion of the holder's shares of WesterFed Common Stock ("Cash Election Shares") or (ii) the Stock Distribution for all or a portion of the holder's shares of WesterFed Common Stock ("Stock Election Shares"). All such elections shall be made on a form mutually agreed to by Glacier and WesterFed for that purpose ("Form of Election"). Glacier and WesterFed will mail the Form of Election with the Prospectus/Proxy Statement to all holders of WesterFed Common Stock on the record date for the meeting of shareholders of WesterFed to vote on the adoption of this Agreement and will use commercially reasonable efforts to make the Form of Election available to all persons who become holders of WesterFed Common Stock subsequent to such date and no later than the close of business on the Business Day immediately prior to the Election Deadline.
Election Options. The terms of the Merger Agreement allow you to elect to receive cash in exchange for some or all of your shares of Xxxxx Xxxxxx common stock, subject to the proration provisions of the Merger Agreement as described in the proxy statement/prospectus. Select from the following options: 1. Elect to exchange ALL of your shares of Xxxxx Xxxxxx common stock for cash. You may select this option, indicating that you want to receive $23.50 in cash, without interest, in exchange for ALL of your shares of Xxxxx Xxxxxx common stock, subject to the proration provisions of the Merger Agreement.
Election Options. On page 1 of the 401(k) Election Instructions Form, you should indicate whether you would like to receive, in exchange for your CH2M 401(k) Shares, the Mixed Election, the Cash Election or the Stock Election. If you mark more than one selection, specify the number of CH2M 401(k) Shares for which you would like to make such Mixed Election, Cash Election or Stock Election. As described in the Proxy Statement/Prospectus, we cannot guarantee that you will receive the exact form of Merger Consideration that you elect. Both the Stock Election and the Cash Election are subject to proration and adjustment procedures to ensure that the aggregate number of shares of Jacobs Common Stock to be issued by Jacobs in the Merger and the aggregate amount of cash to be paid in the Merger will be the same as if all applicable CH2M electing stockholders made a Mixed Election. Additional information with respect to the proration of CH2M 401(k) Shares can be found in the Proxy Statement/Prospectus.
Election Options. On page 2 of this Stock/Cash Election Form and Letter of Transmittal, you may indicate whether you would like to receive, in exchange for your shares of Jefferson common stock, the stock consideration, the cash consideration or a combination of the stock consideration and the cash consideration. Alternatively, you may indicate that you have no preference as to the form of merger consideration that you will receive. Mxxx only one selection. The Merger Agreement provides that not more than 20% of the shares of Jefferson common stock outstanding immediately prior to the effective time of the merger may be exchanged for the cash consideration, with the remaining outstanding Jefferson shares exchanged for the stock consideration. Therefore, you might receive HCBF voting common stock or cash in an amount that is not consistent with your election, depending upon the elections of other Jefferson shareholders.
AutoNDA by SimpleDocs
Election Options. In the area marked "Election Options," indicate whether you would like to receive in exchange for your shares of KAYAK common stock, only shares of xxxxxxxxx.xxx common stock, only cash, a combination of common stock and cash or "No Election." Xxxx only one selection. The Merger Agreement limits the amount of cash and the number of shares of xxxxxxxxx.xxx common stock that can be issued in the Merger, and it may not be possible for all elections to be honored in full. To find out more about these limits and the allocation method that will be used, please see "The Merger—Merger Consideration" in the proxy statement/prospectus.
Election Options. In the box marked “Election Options,” indicate whether you would like to receive in exchange for your shares of First Sentinel Bancorp, Inc. common stock, only shares of Provident Financial Services, Inc. common stock, only cash, a combination of First Sentinel Bancorp, Inc. common stock and cash or whether you have “No Preference”. Mask only one selection in this box. The Merger Agreement limits the amount of cash and the amount of Provident Financial Services, Inc. common stock that can be issued in the Merger. Therefore, it thus may not be possible for all elections to be honored in full. To find out more about these limits and the allocation and election procedures that will be used, please see “Proposal I—The Proposed Merger — Election Procedures; Surrender of Stock Certificates” in the Joint Proxy Statement/Prospectus.
Election Options. On page 3 of this Stock/Cash Election Form and Letter of Transmittal, you may indicate whether you would like to receive, in exchange for your shares of Palmetto common stock, the stock consideration, the cash consideration or a combination of the stock consideration and the cash consideration. Alternatively, you may indicate that you have no preference as to the form of merger consideration that you will receive. Xxxx only one selection. The Merger Agreement provides that 70% of the shares of Palmetto common stock outstanding immediately prior to the effective time of the merger will be exchanged for the stock consideration, with the remaining 30% of the outstanding Palmetto shares exchanged for the cash consideration. Therefore, you might receive United stock and/or cash in an amount that is not consistent with your election, depending upon the elections of other Palmetto shareholders. Palmetto shareholders who are deemed to have made a non-election will receive all cash, unless cash has been fully subscribed by the electing Palmetto shareholders, in which event such Palmetto shareholders will be treated as if they elected all stock. ​
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!