Common use of Manner of Converting Shares Clause in Contracts

Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANB, IRBC or the holders of any shares thereof, the shares of the constituent corporations shall be converted as follows:

Appears in 2 contracts

Samples: Employment Agreement (Alabama National Bancorporation), Employment Agreement (Indian River Banking Company)

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Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANB, IRBC FCB or the holders of any shares thereof, the shares of the constituent corporations shall be converted as follows:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Florida Choice Bankshares, Inc.), Agreement and Plan of Merger (Alabama National Bancorporation)

Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANBCBF, IRBC VBI or the holders of any shares thereof, the shares of the constituent corporations shall be converted as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Centerstate Banks of Florida Inc)

Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANBJBI, IRBC HBI or the holders of any shares thereof, the shares of the constituent corporations shall be converted as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Jacksonville Bancorp Inc /Fl/)

Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANBProtective, IRBC Acquisition Sub, BHC or the holders of any shares thereof, the shares of the constituent corporations Constituent Corporations shall be converted and exchanged as follows:

Appears in 1 contract

Samples: Transaction Agreement (Protective Life Corp)

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Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANBNCC, IRBC PBI or the holders of any shares of capital stock thereof, the shares of capital stock and rights and options to acquire shares of capital stock of the constituent corporations shall be converted as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (National Commerce Corp)

Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANB, IRBC PBF or the holders of any shares thereof, the shares of the constituent corporations shall be converted as follows:

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alabama National Bancorporation)

Manner of Converting Shares. Subject to the provisions of this Article 3, at the Effective Time, by virtue of the Merger and without any further action on the part of ANB, IRBC PBF or the holders of any shares thereof, the shares of the constituent corporations shall be converted as follows:: each share of ANB Common Stock issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding from and after the Effective Time.

Appears in 1 contract

Samples: Agreement and Plan of Merger (P B Financial Services Corp)

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