EXECUTION OF STOCK OPTION AGREEMENT. Immediately after the execution of this Agreement and as a condition hereto, Magna is executing and delivering to UPC the Stock Option Agreement.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Magna Group Inc), Agreement and Plan of Reorganization (Union Planters Corp)
EXECUTION OF STOCK OPTION AGREEMENT. Immediately after Simultaneously with the execution of this Agreement by the Parties and as a condition heretothereto, Magna is executing and delivering to UPC a stock option agreement (the "Stock Option Agreement"), in substantially the form of Exhibit 2, pursuant to which Magna is granting to UPC an option to purchase shares of Magna Common Stock.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Magna Bancorp Inc), Agreement and Plan of Reorganization (Union Planters Corp)
