Common use of Outstanding Equity Rights Clause in Contracts

Outstanding Equity Rights. Other than the Bryn Mawr Stock Options and the Bryn Mawr Restricted Stock Awards, in each case, outstanding as of the date of this Agreement and set forth in Sections 4.3(a)(iii) and 4.3(a)(iv), there are no (i) existing Equity Rights with respect to the securities of Bryn Mawr, (ii) Contracts under which Bryn Mawr is or may become obligated to sell, issue or otherwise dispose of or redeem, purchase or otherwise acquire any securities of Bryn Mawr, (iii) Contracts under which Bryn Mawr is or may become obligated to register shares of Bryn Mawr’s capital stock or other securities under the Securities Act, (iv) shareholder agreements, voting trusts or other agreements, arrangements or understandings to which Bryn Mawr is a party or of which Bryn Mawr has Knowledge, that may reasonably be expected to affect the exercise of voting or any other rights with respect to the capital stock of Bryn Mawr, or (v) outstanding bonds, debentures, notes or other indebtedness having the right to vote (or which are convertible into, or exchangeable for, securities having the right to vote) on any matters on which the shareholders of Bryn Mawr may vote. No Bryn Mawr Subsidiary owns any capital stock of Bryn Mawr.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (WSFS Financial Corp), Agreement and Plan of Merger (Bryn Mawr Bank Corp)

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Outstanding Equity Rights. Other than the Bryn Mawr Stock Options and the Bryn Mawr Restricted Stock Awards, in each case, outstanding as of the date of this Agreement and set forth in Sections 4.3(a)(iii) and 4.3(a)(iv), there There are no (i) existing Equity Rights with respect to the securities capital stock or equity interests of Bryn MawrMawr Bank and each other Bryn Mawr Subsidiary, (ii) Contracts under which Bryn Mawr Bank and any other Bryn Mawr Subsidiary] is or may become obligated to sell, issue issue, transfer, or otherwise dispose of or redeem, purchase or otherwise acquire any securities of its capital stock or equity interests (other than to another Bryn MawrMawr Entity), (iii) Contracts under which Bryn Mawr Bank or any other Bryn Mawr Subsidiary is or may become obligated to register shares of Bryn Mawr’s capital stock stock, equity interests or other securities under the Securities Act, (iv) shareholder agreements, voting trusts or other agreements, arrangements or understandings Contracts to which Bryn Mawr Bank or any other Bryn Mawr Subsidiary is a party or of which Bryn Mawr such entity has Knowledge, that may reasonably be expected to affect the exercise of voting or any other rights with respect to the capital stock of Bryn Mawrsuch entity, or (v) outstanding bonds, debentures, notes or other indebtedness having the right to vote (or which are convertible into, or exchangeable for, securities having the right to vote) on any matters on which the shareholders or equity interest holders of Bryn Mawr may vote. No Bank and each other Bryn Mawr Subsidiary owns any capital stock of Bryn Mawrmay vote.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bryn Mawr Bank Corp), Agreement and Plan of Merger (WSFS Financial Corp)

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