Common use of Meetings of the Company Clause in Contracts

Meetings of the Company. The Company shall provide to Purchaser the agenda for or a summary of the business proposed to be discussed at: (i) all meetings of the Boards of Directors of the Company and each Company Subsidiary, and (ii) all meetings of the committees of each such Board of Directors, including without limitation the audit, executive and loan committees thereof. The Company shall give reasonable notice to Purchaser of any such meeting; provided, however, no Purchaser representative shall be entitled to attend any board meetings or committee meetings other than loan committee meetings as described in Section 4.1(p). The Company shall provide to Purchaser all information provided to the directors on all such Boards of Directors and committees in connection with all such meetings of directors, when the same are provided to such directors, including minutes of prior meetings, financial reports and any other analyses prepared by senior management of the Company. All such information provided to Purchaser shall be treated in confidence as provided in Section 5.1(b) hereof. Notwithstanding the foregoing, the Company shall not be required to permit Purchaser (or its representatives) to review material or attend any portion of a meeting containing any confidential discussion of this Agreement and the transactions contemplated hereby or any other matter where the Company's Board of Directors has reasonably determined such review would result in a violation of Delaware law.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Efc Bancorp Inc), Merger Agreement (Maf Bancorp Inc)

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Meetings of the Company. The Company shall provide to Purchaser the agenda for or a summary of the business proposed to be discussed at: (i) all meetings of the Boards of Directors of the Company and each Company Subsidiary, and (ii) all meetings of the committees of each such Board of Directors, including without limitation the audit, audit and executive and loan committees thereof. The Company shall give reasonable notice to Purchaser of any such meeting; provided, however, no Purchaser representative shall be entitled to attend any board meetings or committee meetings other than loan committee meetings as described in Section 4.1(p). The Company shall provide to Purchaser all information provided to the directors on all such Boards of Directors and committees in connection with all such meetings of directors, when the same are provided to such directors, including minutes of prior meetings, financial reports and any other analyses prepared by senior management of the Company. All such information provided to Purchaser shall be treated in confidence as provided in Section 5.1(b) hereof. Notwithstanding the foregoing, the Company shall not be required to permit Purchaser (or its representatives) to review material or attend any portion of a meeting containing any confidential discussion of this Agreement and the transactions contemplated hereby or any other matter where the Company's Board of Directors has reasonably determined such review would result in a violation of applicable Delaware law.

Appears in 1 contract

Samples: Merger Agreement (Maf Bancorp Inc)

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Meetings of the Company. The Company shall provide to Purchaser the agenda for or a summary of the business proposed to be discussed at: (i) all meetings of the Boards of Directors of the Company and each Company Subsidiary, and (ii) all meetings of the committees of each such Board of Directors, including without limitation the audit, audit and executive and loan committees thereof. The Company shall give reasonable notice to Purchaser of any such meeting; provided, however, no Purchaser representative shall be entitled and (except as provided below) allow a member of Purchaser's Board of Directors to attend any board meetings or committee meetings other than loan committee meetings as described in Section 4.1(p)such meeting. The Company shall provide to Purchaser all information provided to the directors on all such Boards of Directors and committees in connection with all such meetings of directors, when the same are provided to such directors, including minutes of prior meetings, financial reports and any other analyses prepared by senior management of the Company. All such information provided to Purchaser shall be treated in confidence as provided in Section 5.1(b) hereof. Notwithstanding the foregoing, the Company shall not be required to permit Purchaser (or its representatives) to review material or attend any portion of a meeting containing or to provide Purchaser with any confidential discussion of this Agreement and the transactions contemplated hereby or any other matter where the Company's Board of Directors has reasonably determined such review materials that would result be in a violation of Delaware lawapplicable law or that relates to an Acquisition Transaction (except for information to be provided as required by Section 4.3 hereof) or which pertain to the evaluation of the Merger. All information provided to Purchaser pursuant to this Section 5.2 shall be treated in confidence as provided in Section 5.1(b) hereof.

Appears in 1 contract

Samples: Merger Agreement (St Francis Capital Corp)

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