OTHER BUSINESS COMBINATIONS, ETC. Neither VCB nor the Bank shall have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which either of them would (i) merge, consolidate with, effect a business combination with, sell any substantial part of their assets or acquire a significant part of the shares or assets of any other person or entity (financial or otherwise), or (ii) adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision or any "Golden Parachute" or similar program (other than as described in Schedule 3.16) which would have the effect of materially decreasing the value of VCB or the Bank or decreasing the benefits to Bancorp of proceeding with the transactions set forth in the Agreement.
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the Execution Date, neither WBC nor Whidbey Island Bank has entered into any agreement, letter of intent, understanding or other arrangement pursuant to which WBC or Whidbey Island Bank would merge, consolidate with, effect a business combination with, or sell any substantial part of WBC’s or Whidbey Island Bank’s assets; acquire a significant part of the shares or assets of any other person or entity (financial or otherwise); or adopt any “poison pill” or other type of anti-takeover arrangement, any shareholder rights provision, or any “golden parachute” or similar program which would have the effect of materially decreasing the value of WBC or Whidbey Island Bank or the benefits of acquiring WBC Common Stock.
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the date of this Merger Agreement, neither First Lancaster nor the Bank shall have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which First Lancaster or the Bank would merge; consolidate with; effect a business combination with; sell any substantial part of First Lancaster's or the Bank's assets; acquire a significant part of the shares or assets of any other Person or entity (financial or otherwise); adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision, any "golden parachute" or similar program which would have the effect of materially decreasing the value of First Lancaster and the Bank or the benefits of acquiring the First Lancaster Common Stock;
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the Execution Date, neither Issaquah nor Issaquah Bank shall have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which Issaquah or Issaquah Bank would merge, consolidate with, effect a business combination with, or sell any substantial part of their assets; acquire a significant part of the shares or assets of any other person or entity (financial or otherwise); or adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision, or any "golden parachute" or similar program which would have the effect of materially decreasing the value of Issaquah or the benefits of acquiring Issaquah Common Stock.
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the Execution Date, Northwest shall not have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which Northwest would merge, consolidate with, effect a business combination with, or sell any substantial part of Northwest's assets; acquire a significant part of the shares or assets of any other person or entity (financial or otherwise); or adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision, or any "golden parachute" or similar program which would have the effect of materially decreasing the value of Northwest or the benefits of acquiring Northwest Common Stock.
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the date of this Plan, neither CBI nor Centennial shall have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which CBI and Centennial would merge, consolidate with, effect a business combination with, or sell any substantial part of CBI’s or Centennial’s assets; acquire a significant part of the share of assets of any other person or entity (financial or otherwise); or adopt any “poison pill” or other type of anti-takeover arrangement, any shareholder rights provision, or any “golden parachute” or similar program which would have the effect of Materially decreasing the value of CBI or Centennial or the benefits of acquiring CBI Common Stock.
OTHER BUSINESS COMBINATIONS, ETC. Jeffxxxxx xxxll not have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which Jeffxxxxx xxxld merge with, consolidate with, effect a business combination with, sell any substantial part of Jefferson's or its subsidiary's assets to, or, acquire a significant part of the shares or assets of, any other Person or entity (financial or otherwise), adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision, any "golden parachute" or similar program which would have the effect of materially decreasing the value of Jefferson or the benefits of acquiring the Jefferson Common Stock;
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the Execution Date, Salem shall not have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which Salem would merge, consolidate with, effect a business combination with, or sell any substantial part of Salem’s assets; acquire a significant part of the shares or assets of any other person or entity (financial or otherwise); or adopt any “poison pill” or other type of anti-takeover arrangement, any shareholder rights provision, or any “golden parachute” or similar program which would have the effect of materially decreasing the value of Salem or the benefits of acquiring Salem Common Stock.
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the date of this Agreement, neither the Sellers, MVBI nor BMV shall have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which the Sellers would sell the MVBI Stock or MVBI and BMV would merge, consolidate with, effect a business combination with, or sell any substantial part of MVBI's or BMV's assets; acquire a significant part of the share of assets of any other person or entity (financial or otherwise); or adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision, or any "golden parachute" or similar program which would have the effect of Materially decreasing the value of MVBI or BMV or the benefits of acquiring MVBI Stock.
OTHER BUSINESS COMBINATIONS, ETC. Other than as contemplated hereunder, subsequent to the date of this Plan, neither TCB nor Twin City shall have entered into any agreement, letter of intent, understanding or other arrangement pursuant to which TCB and Twin City would merge, consolidate with, effect a business combination with, or sell any substantial part of TCB's or Twin City's assets; acquire a significant part of the share of assets of any other person or entity (financial or otherwise); or adopt any "poison pill" or other type of anti-takeover arrangement, any shareholder rights provision, or any "golden parachute" or similar program which would have the effect of Materially decreasing the value of TCB and Twin City or the benefits of acquiring TCB Common Stock.
