EXCEPTION SHARES. Each of the Exception Shares of Company Common Stock shall be canceled and retired upon consummation of the Merger, and no consideration shall be issued in exchange therefor.
Appears in 5 contracts
Samples: Agreement and Plan of Merger (Interwest Bancorp Inc), Employment Agreement (Heritage Financial Corp /Wa/), Employment Agreement (Heritage Financial Corp /Wa/)
EXCEPTION SHARES. Each of the Exception Shares of Company Bank Common Stock shall will be canceled and retired upon consummation of the MergerConsolidation, and no consideration shall will be issued in exchange thereforfor any Exception Shares.
Appears in 1 contract
Samples: Agreement and Plan (United Security Bancorporation)
EXCEPTION SHARES. Each of the Exception Shares of Company Common Stock shall be canceled and retired upon consummation at the effectiveness of the Merger, Corporate Merger and no consideration shall be issued in exchange therefor.
Appears in 1 contract
Samples: Central Bancorporation /Wa/
EXCEPTION SHARES. Each of the Exception Shares of Company Bancwest Common Stock shall be canceled and retired upon consummation of the Merger, and no consideration shall be issued in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Merger Agreement and Plan of Merger (United Security Bancorporation)
EXCEPTION SHARES. Each of the Exception Shares of Company Bank Common Stock shall be canceled and retired upon consummation of the MergerReorganization, and no consideration shall be issued in exchange therefor.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Interwest Bancorp Inc)
