Common use of Notice of Acquisitions; Proposals Regarding Prohibited Transactions Clause in Contracts

Notice of Acquisitions; Proposals Regarding Prohibited Transactions. Shareholder hxxxxx agrees to notify TCFC promptly (and in any event within two (2) Business Days) in writing of the number of any additional shares of SHBI Common Stock or other securities of SHBI of which Shareholder acquires beneficial or record ownership on or after the date hereof. Shareholder will comply with the provisions of Section 6.07(b) of the Merger Agreement as if he, she or it were SHBI.

Appears in 2 contracts

Samples: Merger Agreement (Shore Bancshares Inc), Merger Agreement (Community Financial Corp /Md/)

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Notice of Acquisitions; Proposals Regarding Prohibited Transactions. Shareholder hxxxxx agrees to notify TCFC SHBI promptly (and in any event within two (2) Business Days) in writing of the number of any additional shares of SHBI TCFC Common Stock or other securities of SHBI TCFC of which Shareholder acquires beneficial or record ownership on or after the date hereof. Shareholder will comply with the provisions of Section 6.07(b) of the Merger Agreement as if he, she or it were SHBITCFC.

Appears in 2 contracts

Samples: Merger Agreement (Shore Bancshares Inc), Merger Agreement (Community Financial Corp /Md/)

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