Common use of Reservation of COFI Common Stock and Securities Filings Clause in Contracts

Reservation of COFI Common Stock and Securities Filings. At all times after the Effective Time, COFI shall reserve for issuance such number of shares of COFI Common Stock as necessary so as to permit the exercise of continuing options in the manner contemplated by this Agreement and the instruments pursuant to which such options were granted. COFI shall make all filings required under federal and state securities laws promptly after the Effective Time so as to permit the exercise of such continuing options and the sale of the shares received by the optionee upon such exercise at and after the Effective Time and COFI shall continue to make such filings thereafter as may be necessary to permit the continued exercise of continuing options and sale of such shares.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (St Paul Bancorp Inc), Agreement and Plan of Merger (Charter One Financial Inc), Agreement and Plan of Merger (Charter One Financial Inc)

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Reservation of COFI Common Stock and Securities Filings. At all times after the Effective Time, COFI shall reserve for issuance such number of shares of COFI Common Stock as necessary so as to permit the exercise of continuing options Alliance Stock Options in the manner contemplated by this Agreement and the instruments pursuant to which such options were granted. COFI shall make all filings required under federal and state securities laws promptly after the Effective Time so as to permit the exercise of such continuing options Alliance Stock Options and the sale of the shares received by the optionee upon such exercise at and after the Effective Time and COFI shall continue to make such filings thereafter as may be necessary to permit the continued exercise of continuing options Alliance Stock Options and sale of such shares.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance Bancorp)

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