Common use of Pro Rata Reallocations Clause in Contracts

Pro Rata Reallocations. If the Exchange Agent is required pursuant to subsection 2.02(f)(i)(B) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares. If the Exchange Agent is required pursuant to subsection 2.02(f)(ii)(C) to convert some Cash Election Shares into Reallocated Common Stock Shares, each holder of Cash Election Shares shall be allocated a pro rata portion of the total Reallocated Common Stock Election Shares.

Appears in 1 contract

Samples: Merger Agreement (Sterling Financial Corp /Pa/)

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Pro Rata Reallocations. If In the event that the Exchange Agent is required pursuant to subsection 2.02(f)(i)(BSection 2.1.5(d)(i)(3) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares. If In the event the Exchange Agent is required pursuant to subsection 2.02(f)(ii)(CSection 2.1.5(d)(ii)(2) to convert some Cash Election Shares into Reallocated Common Stock Shares, each holder of Cash Election Shares shall be allocated a pro rata portion of the total Reallocated Common Stock Election Shares.

Appears in 1 contract

Samples: Merger Agreement (Pacific Continental Corp)

Pro Rata Reallocations. If the Exchange Agent is required pursuant to subsection 2.02(f)(i)(B2.02(d)(i)(C) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares. If the Exchange Agent is required pursuant to subsection 2.02(f)(ii)(C2.02(d)(ii)(B) to convert some Cash Election Shares into Reallocated Common Stock Shares, each holder of Cash Election Shares shall be allocated a pro rata portion of the total Reallocated Common Stock Election Shares.

Appears in 1 contract

Samples: Merger Agreement (Peoples First Inc)

Pro Rata Reallocations. If the Exchange Agent is required pursuant to subsection 2.02(f)(i)(B) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares. If the Exchange Agent is required pursuant to subsection 2.02(f)(ii)(CSection 2.2(e)(ii)(C) to convert some Cash Election Shares into Reallocated Common Stock Shares, each holder of Cash Election Shares shall be allocated a pro rata portion of the total Reallocated Common Stock Election Shares.

Appears in 1 contract

Samples: Merger Agreement (Old Line Bancshares Inc)

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Pro Rata Reallocations. If In the event that the Exchange Agent is required (x) pursuant to subsection 2.02(f)(i)(B) Section 3.2(d)(i)(B), to convert some Common Stock Election Shares into Reallocated Cash Shares, or (y) pursuant to Section 3.2(d)(ii)(B) to convert some Cash Election Shares into Reallocated Stock Shares, each holder of Common Stock Election Shares such shares being converted shall be allocated a pro rata portion of the total Reallocated Cash Shares. If the Exchange Agent is required pursuant to subsection 2.02(f)(ii)(C) to convert some Cash Election Shares into or Reallocated Common Stock Shares, each holder of Cash Election Shares shall be allocated a pro rata portion of as the total Reallocated Common Stock Election Sharescase may be.

Appears in 1 contract

Samples: Merger Agreement (Plumas Bancorp)

Pro Rata Reallocations. If the Exchange Agent is required ---------------------- pursuant to subsection 2.02(f)(i)(B2.02(e)(i)(C) to convert some Common Stock Election Shares into Reallocated Cash Shares, each holder of Common Stock Election Shares shall be allocated a pro rata portion of the total Reallocated Cash Shares. If the Exchange Agent is required pursuant to subsection 2.02(f)(ii)(C2.02(e)(ii)(B) to convert some Cash Election Shares into Reallocated Common Stock Shares, each holder of Cash Election Shares shall be allocated a pro rata portion of the total Reallocated Common Stock Election Shares.

Appears in 1 contract

Samples: Merger Agreement (Nittany Financial Corp)

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