Reservation of Shares; NASDAQ Listing. (a) American shall take all corporate action as may be necessary to authorize and reserve for issuance such number of shares of American Common Stock to be issued pursuant to this Agreement, and to cause all such shares, when issued pursuant to this Agreement, to be duly authorized, validly issued, fully paid and nonassessable.
Appears in 4 contracts
Samples: Agreement and Plan of Reorganization (HomeTown Bankshares Corp), Agreement and Plan of Reorganization (American National Bankshares Inc.), Agreement and Plan of Reorganization (Mainstreet Bankshares Inc)
Reservation of Shares; NASDAQ Listing. (a) American Buyer shall take all corporate action as may be necessary to authorize and reserve for issuance such number of shares of American Buyer Common Stock to be issued pursuant to this Agreement, and to cause all such shares, when issued pursuant to this Agreement, to be duly authorized, validly issued, fully paid and nonassessable.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Monarch Financial Holdings, Inc.)
