Common use of No Change in Stock Clause in Contracts

No Change in Stock. Except as contemplated by this Plan of Merger or the Option Agreement: (a) make no change in the number of shares of its capital stock issued and outstanding other than pur- suant to the exercise of outstanding options awarded prior to the date of this Plan of Merger under the Option Plans; (b) grant no warrant, option, or commitment relating to its capital stock; (c) enter into no agreement relating to its capital stock; and (d) issue no securities convertible into its capital stock.

Appears in 2 contracts

Samples: Merger Agreement (CFSB Bancorp Inc), Merger Agreement (Old Kent Financial Corp /Mi/)

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No Change in Stock. Except as contemplated by this Plan of Merger or the Option Agreement: (a) make no change in the number of shares of its capital stock issued and outstanding other than pur- suant pursuant to the exercise of outstanding options awarded prior to the date of this Plan of Merger under the Option PlansPlan; (b) grant no warrant, option, or commitment relating to its capital stock; (c) enter into no agreement relating to its capital stock; and (d) issue no securities convertible into its capital stock.

Appears in 1 contract

Samples: Merger Agreement (Old Kent Financial Corp /Mi/)

No Change in Stock. Except as contemplated by this Plan of Merger or the Option Agreement: (a) make no change in the number of shares of its capital stock issued and outstanding other than pur- suant to the exercise of outstanding options awarded prior to the date of this Plan of Merger under the Option PlansPermitted Issuances; (b) grant no warrant, option, or commitment relating to its capital stock; (c) enter into no agreement relating to its capital stock; and (d) issue no securities convertible into its capital stock; and (e) repurchase any shares of Shoreline's stock other than the surrender of Shoreline Common Stock upon the exercise of an Unexercised Option.

Appears in 1 contract

Samples: Merger Agreement (Chemical Financial Corp)

No Change in Stock. Except as contemplated by this Plan of Merger or the Option Agreement: (a) make no change in the number of shares of its capital stock issued and outstanding other than pur- suant to the exercise of outstanding options awarded prior to the date of this Plan of Merger under the Option PlansPermitted Issuances; (b) grant no warrant, option, or commitment relating to its capital stock; , except for awards of options to purchase Grand Premier Common Stock included in clause (ii) of the definition of "Permitted Issuance;" (c) enter into no agreement relating to its capital stock; and (d) issue no securities convertible into its capital stock.

Appears in 1 contract

Samples: Merger Agreement (Old Kent Financial Corp /Mi/)

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No Change in Stock. Except as contemplated by this Plan of Merger or the Option Agreement: (a) make no change in the number of shares of its capital stock issued and outstanding other than pur- suant to the exercise of outstanding options awarded prior to the date of this Plan of Merger under the Option PlansPermitted Issuances; (b) grant no warrant, option, or commitment relating to its capital stock; , except for awards of options to purchase Grand Premier Common Stock included in clause (cii) enter into no agreement relating to its capital stock; and (d) issue no securities convertible into its capital stock.of the definition of "Permitted Issuance;"

Appears in 1 contract

Samples: Merger Agreement (Grand Premier Financial Inc)

No Change in Stock. Except as contemplated by this Plan of Merger or the Option Agreement: (a) make no change in the number of shares of its capital stock issued and outstanding other than pur- suant to the exercise of outstanding options awarded prior to the date of this Plan of Merger under the Option PlansPermitted Issuances; (b) grant no warrant, option, or commitment relating to its capital stock; (c) enter into no agreement relating to its capital stock; and (d) issue no securities convertible into its capital stock; and (e) repurchase any shares of Home's stock other than the surrender of Home Common Stock upon the exercise of an Unexercised Option.

Appears in 1 contract

Samples: Merger Agreement (Old Kent Financial Corp /Mi/)

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