Options and Other Securities. Except as set forth in Schedule 2.4(b) hereto, no options, warrants or other rights to purchase, agreements or other obligations to issue, or other rights to convert any obligation into any shares of Bancshares Common Shares have been authorized, granted or entered into by Bancshares. Other than as set forth in Section 2.4(a), there are no Bancshares debt or equity securities authorized or outstanding.
Options and Other Securities. (1) In connection with the Arrangement, immediately prior to the Effective Time:
Options and Other Securities. Except as set forth on Schedule 3.1(b) hereto, no options, warrants or other rights to purchase, agreements or other obligations to issue, or other rights to convert any obligation into any shares of Century Common Shares have been authorized, granted or entered into by Century. Other than as set forth in Section 3.1(a), there are no Century debt or equity securities authorized or outstanding. Except as set forth on Schedule 3.1(b), Century does not have, nor will it have at any time from the execution of this Agreement through the time of Closing (as hereinafter defined), any obligations or commitments related to the Common Shares that may require Century to issue or change the number of its issued or authorized Common Shares.
Options and Other Securities. No options, warrants or other rights to purchase, agreements or other obligations to issue, or other rights to convert any obligation into any shares of Bank Common Shares have been authorized, granted or entered into by Bank. Other than as set forth in Section 3.1(a), there are no Bank debt or equity securities authorized or outstanding. Bank does not have, nor will it have at any time from the execution of this Agreement through the time of Closing (as hereinafter defined), any obligations or commitments related to the Common Shares which may require or permit Bank to issue or change the number of its issued or authorized Common Shares.
Options and Other Securities. The Company shall have delivered to the Parent true and correct copies of (i) the Exchange Program adopted and implemented pursuant to the Company Stock Plan by the Board of Directors of the Company or administrator of the Company Stock Plan, as appropriate, providing for the cancellation and cash out of any Options granted under the Company Stock Plan not otherwise exercised prior to the Effective Time, (ii) the cashless exercise program, which may be part of an overall Exchange Program, adopted and implemented pursuant to the terms of the Company Stock Plan, and (iii) the termination and cancellation agreements with respect to, or other evidence of the termination and cancellation of, any Option that was not granted under the Company Stock Plan or any other Option, Warrant or other right to purchase or acquire or convert into any capital stock of the Company or any of its Subsidiaries and Phantom Options, whether vested or unvested, not exercised or converted prior to the Effective Time.
Options and Other Securities. (1) The Company shall deliver, and the Purchaser shall be entitled to review prior to delivery, a written notice and election form to all holders of Company Options prior to the Effective Date advising such holders that the holders of Company Options may, notwithstanding any vesting or exercise provisions to which a Company Option might otherwise be subject (whether by contract, the conditions of a grant, applicable law or the terms of the Stock Option Plan), elect to:
Options and Other Securities. Schedule 2.2(b) sets ---------------------------- --------------- forth the names and addresses of all holders of Conning Options. Prior to Closing, Conning Corp. will have delivered to General American true, complete and correct copies of all agreements and plans relating to the Conning Options. Except as set forth on Schedule 2.2(b), there are no --------------- outstanding subscriptions, rights, options, warrants, conversion privileges or agreements of any kind entitling any person or entity to acquire from Conning Corp. any shares of the capital stock of Conning Corp. or any other type of security of Conning Corp. All of the Conning Options have been issued in full compliance with all applicable federal and state securities laws.
