Common use of Requirements for Order Form Clause in Contracts

Requirements for Order Form. Each Order Form shall contain: 1. A specified date by which all order forms must be received by the Holding Company, which date shall be not less than 20, nor more than 45 days, as stated in subsection (e) above, following the date on which the order forms are mailed by the Holding Company, and which date will constitute the termination of the Subscription Offering; 2. The Initial Purchase Price per share for shares of Conversion Stock to be sold in the Offerings; 3. An explanation of the rights and privileges granted under this Plan to each class of persons granted subscription rights pursuant to this Plan with respect to the purchase of Conversion Stock; 4. Specifically designated blank spaces for dating and signing the order form; 5. A description of the minimum and maximum number of shares of Conversion Stock that may be subscribed for pursuant to the exercise of subscription rights or otherwise purchased in the Community Offering; 6. The amount which must be returned with the order form to subscribe for Conversion Stock. Such amount will be equal to the purchase price multiplied by the number of shares of Conversion Stock subscribed for in accordance with the terms of this Plan; 7. Instructions concerning how to indicate on such order form the extent to which the recipient elects to exercise subscription rights under this Plan, the name or names in which the shares of Conversion Stock subscribed for are to be registered, the address to which certificates representing such shares of Conversion Stock are to be sent and the alternative methods of payment for Conversion Stock which will be permitted; 8. An acknowledgment that the recipient of the order form has received a final copy of the Prospectus prior to execution of the order form; 9. A statement indicating the consequences of failing to properly complete and return the order form, including a statement to the effect that all subscription rights are nontransferable, will be void at the end of the Subscription Offering, and can only be exercised by delivering to the Holding Company within the subscription period such properly completed and executed order form, together with the full required payment as specified in the order form for the shares of Conversion Stock for which the recipient elects to subscribe in the Subscription Offering (or by authoring on the order form that the Holding Company withdraw said amount from the subscriber’s Deposit Account at the Bank); the subscription rights of Eligible Account Holders, Supplemental Eligible Account Holders, and Other Members are nontransferable. Certificates representing shares of Conversion Stock purchased in the Subscription Offering must be registered in the name of the Eligible Account Holder, Supplemental Eligible Account Holder or Other Member, as the case may be. Joint stock registration will be allowed only if the qualifying deposit account is so registered; 10. Provision for certification to be executed by the recipient of the order form to the effect that, as to any shares of Conversion Stock which the recipient elects to purchase, such recipient is purchasing such shares of Conversion Stock for his own account only and has no present agreement or understanding regarding any subsequent sale or transfer of such shares of Conversion Stock; and 11. A statement to the effect that the executed order form, once received by the Holding Company, may not be modified or amended by the subscriber without the consent of the Holding Company; notwithstanding the above, the Bank and the Holding Company reserve the right in their sole discretion to accept or reject orders received on photocopied or facsimilied order forms.

Appears in 2 contracts

Samples: Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc), Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc)

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Requirements for Order Form. Each Order Form shall contain: (1. ) A specified date by which all order forms Order Forms must be received by the Holding Company, which date shall be not less than 20, 20 nor more than 45 days, as stated in subsection (e) above, days following the date on which the order forms Order Forms are mailed by the Holding Companymailed, and which date will constitute the termination of the Subscription Offering; (2. ) The Initial Purchase Price per share for shares of Conversion Stock to be sold in the Offerings; (3. ) An explanation of the rights and privileges granted under this Plan to each class of persons granted subscription rights Subscription Rights pursuant to this Plan with respect to the purchase of Conversion Stock; (4. ) Specifically designated blank spaces for dating and signing the order formOrder Form; (5. ) A description of the minimum and maximum number of shares of Conversion Stock that may be subscribed for pursuant to the exercise of subscription rights Subscription Rights or otherwise purchased in the Community Subscription Offering; (6. The ) Blank spaces for designating the payment amount which must to be returned with the order form Order Form to subscribe for Conversion Stock. Such amount will be equal to the purchase price Purchase Price multiplied by the number of shares of Conversion Stock subscribed for in accordance with the terms of this Plan; (7. ) Instructions concerning how to indicate on such order form Order Form the extent to which the recipient elects to exercise subscription rights Subscription Rights under this Plan, the name or names in which the shares of Conversion Stock subscribed for are to be registered, the address to which certificates representing such shares of Conversion Stock are to be sent and the alternative methods of payment for Conversion Stock which will be permitted; 8. (8) An acknowledgment that the recipient of the order form Order Form has received a final copy of the Prospectus prior to execution of the order formOrder Form; (9. ) A statement indicating the consequences of failing to properly complete and return the order formOrder Form, including a statement to the effect that all subscription rights Subscription Rights are nontransferable, will be void at the end of the Subscription Offering, and can only be exercised by delivering to the Holding Company within the subscription period such properly completed and executed order formOrder Form, together with the full required payment as specified in the order form Order Form for the shares of Conversion Stock for which the recipient elects to subscribe in the Subscription Offering (or by authoring authorizing on the order form Order Form that the Holding Company withdraw said amount from the subscriber’s Deposit Account Accounts at the Bank); the subscription rights . The Subscription Rights of Eligible Account Holders, Supplemental Eligible Account HoldersHolders and Other Depositors are nontransferable, and Other Members are nontransferable. Certificates representing shares of Conversion Stock purchased in the Subscription Offering must be registered in the name of Eligible Account Holders, Supplemental Eligible Account Holders or Other Depositors, as the case may be, or in the name of a trust for which the Eligible Account Holder, Supplemental Eligible Account Holder or Other Member, as Depositor is the case may besole beneficiary or sole income beneficiary. Joint stock registration will be allowed only if the qualifying deposit account is so registered; 10. Provision for certification to be executed by the recipient For purposes of the order form to the effect thatpreceding sentence, an individual retirement account that is held as to any shares of Conversion Stock which the recipient elects to purchase, such recipient is purchasing such shares of Conversion Stock for his own a custodial account only and has no present agreement or understanding regarding any subsequent sale or transfer of such shares of Conversion Stock; andshall be deemed a trust. 11. (10) A statement to the effect that the executed order formOrder Form, once received by the Holding Company, may not be modified or amended by the subscriber without the consent of the Holding Company; notwithstanding . (11) Notwithstanding the above, the Bank and the Holding Company Primary Parties reserve the right in their sole discretion to accept or reject orders received on photocopied or facsimilied order formsOrder Forms.

Appears in 2 contracts

Samples: Agreement and Plan of Conversion and Reorganization (People's United Financial, Inc.), Agreement and Plan of Conversion and Reorganization (People's United Financial, Inc.)

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Requirements for Order Form. Each Order Form shall contain: 1. A specified date by which all order forms must be received by the Holding Company, which date shall be not less than 20, nor more than 45 days, as stated in subsection (e) above, following the date on which the order forms are mailed by the Holding Company, and which date will constitute the termination of the Subscription Offering; 2. The Initial Purchase Price per share for shares of Conversion Stock to be sold in the Offerings; 3. An explanation of the rights and privileges granted under this Plan to each class of persons granted subscription rights pursuant to this Plan with respect to the purchase of Conversion Stock; 4. Specifically designated blank spaces for dating and signing the order form; 5. A description of the minimum and maximum number of shares of Conversion Stock that may be subscribed for pursuant to the exercise of subscription rights or otherwise purchased in the Community Offering; 6. The amount which must be returned with the order form to subscribe for Conversion Stock. Such amount will be equal to the purchase price multiplied by the number of shares of Conversion Stock subscribed for in accordance with the terms of this Plan; 7. Instructions concerning how to indicate on such order form the extent to which the recipient elects to exercise subscription rights under this Plan, the name or names in which the shares of Conversion Stock subscribed for are to be registered, the address to which certificates representing such shares of Conversion Stock are to be sent and the alternative methods of payment for Conversion Stock which will be permitted; 8. An acknowledgment that the recipient of the order form has received a final copy of the Prospectus prior to execution of the order form; 9. A statement indicating the consequences of failing to properly complete and return the order form, including a statement to the effect that all subscription rights are nontransferable, will be void at the end of the Subscription Offering, and can only be exercised by delivering to the Holding Company within the subscription period such properly completed and executed order form, together with the full required payment as specified in the order form for the shares of Conversion Stock for which the recipient elects to subscribe in the Subscription Offering (or by authoring on the order form that the Holding Company withdraw said amount from the subscriber’s Deposit Account at the Bank); the subscription rights of Eligible Account Holders, Supplemental Eligible Account Holders, and Other Members are nontransferable. Certificates representing shares A statement that when registering stock purchases on the order form, a recipient should not add the name(s) of Conversion Stock purchased in Person(s) who do not have subscription rights or who qualify on a lower purchase priority than the Subscription Offering must be registered in the name of the Eligible Account Holder, Supplemental Eligible Account Holder or Other Member, as the case may be. Joint stock registration will be allowed only if the qualifying deposit account is so registeredreceipt to their order form; 10. Provision for certification to be executed by the recipient of the order form to the effect that, as to any shares of Conversion Stock which the recipient elects to purchase, such recipient is purchasing such shares of Conversion Stock for his own account only and has no present agreement or understanding regarding any subsequent sale or transfer of such shares of Conversion Stock; and 11. A statement to the effect that the executed order form, once received by the Holding Company, may not be modified or amended by the subscriber without the consent of the Holding Company; notwithstanding the above, the Bank and the Holding Company reserve the right in their sole discretion to accept or reject orders received on photocopied or facsimilied order forms.

Appears in 1 contract

Samples: Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc)

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