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 or a combination of Community Common Stock and cash. 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.
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 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. 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. 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. The terms of the Merger Agreement allow you to elect to receive cash in exchange for some or all of your shares of CNB 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 CNB common stock for cash. You may select this option, indicating that you want to receive $25.00 in cash, without interest, in exchange for ALL of your shares of CNB common stock, subject to the proration provisions of the Merger Agreement.
Election Options. The parties not proposing the drilling of the Initial Test Well shall have the following options, which options must be elected within the time notices contained in Article 12:
(i) elect not to participate in the Initial Test Well as to any depth ("No Participation"),
i) elect to participate in the Initial Test Well in the manner and to the total depth proposed ("Full Participation"),
ii) elect to limit its agreement for participation to a shallower objective (the "Alternate Depth") than the total depth proposal ("Depth Limited Participation") or
iii) propose that the Initial Test Well be drilled to a depth below the depth originally proposed ("Proposal to Deepen"); provided however, that any well proposed to be drilled to a proven underdeveloped location, which location is located solely within the areas colored in green on Exhibit "A" attached hereto, shall not be subject to any such proposals to deepen.
Election Options. In Section 2 of the Election Form/Letter of Transmittal, indicate whether you would like to receive in exchange for your shares of Vision common stock: (a) all cash (in the amount of $25.00 for each share of Vision common stock owned); (b) all Park common shares (at the exchange ratio of 0.2475 Park common shares for each share of Vision common stock owned); (c) a mixture of cash (in the amount of $25.00 per share) and Park common shares (at the exchange ratio of 0.2475 Park common shares for each share of Vision common stock); or (d) “No Election.” You may select only one of these election choices. If you mark the box in Section 2 for the Mixed Cash/Stock Election, you must also indicate the whole number of your shares of Vision common stock that you wish to exchange for cash and the whole number of your shares of Vision common stock that you wish to exchange for Park common shares. All elections made by Vision shareholders will be subject to allocation and proration procedures set forth in the Merger Agreement and described in the Prospectus/Proxy Statement to ensure that 50% of the shares of Vision common stock outstanding at the effective time of the Merger will be exchanged for cash and the other 50% of the outstanding shares of Vision common stock will be exchanged for Park common shares. As a result, there is no assurance that you will receive the form of consideration that you elect to receive (unless you own ISO shares and make a separate election in Section 3 of the Election Form/Letter of Transmittal to receive all Park common shares in exchange for your ISO Shares, in which case such special election will not be subject to allocation and/or proration under the terms of the Merger Agreement and you will receive all Park common shares in exchange for your ISO Shares). Please see “The Merger Agreement — Allocation” beginning on page 44 of the Prospectus/Proxy Statement for information regarding how the allocation and proration procedures will be applied. Park will not issue fractional Park common shares, or certificates or script representing fractional common shares, in the Merger. Instead, Pxxx will pay to each holder of shares of Vision common stock who would otherwise be entitled to a fractional Park common share (after taking into account all Certificates representing shares of Vision common stock surrendered by such holder) an amount in cash, without interest, equal to the product of the fraction Park common share multiplied by $101.00.
Election Options. The terms of the Merger Agreement allow you to elect to receive cash or Equinix common stock in exchange for some or all of your shares of Switch and Data common stock, subject to the proration procedures and adjustment mechanism in the Merger Agreement as described in the proxy statement/prospectus. Select from the following options:
Election Options. In the box marked "Election Options" indicate whether you would like to receive in exchange for your shares of MBT Common Stock, only shares of MainSource Common Stock, only cash, a combination of MainSource Common Stock and cash, or that you have no election preference. Xxxx only one selection. The Merger Agreement limits the aggregate amount of cash and MainSource Common Stock that will be issued in the Merger. Therefore, 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 "Merger Agreement—Election and Allocation Procedures" on page [ ] of the proxy statement-prospectus.
