FFC Common Stock. Each share of FFC Common Stock that is issued and outstanding immediately before the Effective Time shall, on and after the Effective Time, remain issued and outstanding as one (1) share of FFC Common Stock, and each holder thereof shall retain his rights therein. The holders of the shares of FFC Common Stock outstanding immediately prior to the Effective Time shall, immediately after the Effective Time, continue to hold a majority of the outstanding shares of FFC Common Stock.
Appears in 2 contracts
Samples: Merger Agreement (Skylands Financial Corp), Merger Agreement (Drovers Bancshares Corp)
FFC Common Stock. Each share of FFC Common Stock that is ----------- ---------------- issued and outstanding immediately before the Effective Time shall, on and after the Effective Time, remain issued and outstanding as one (1) share of FFC Common Stock, and each holder thereof shall retain his rights therein. The holders of the shares of FFC Common Stock outstanding immediately prior to the Effective Time shall, immediately after the Effective Time, continue to hold a majority of the outstanding shares of FFC Common Stock.
Appears in 2 contracts
Samples: Merger Agreement (Fulton Financial Corp), Merger Agreement (Fulton Financial Corp)
