Common use of Rights as Company Shareholders Clause in Contracts

Rights as Company Shareholders. Holders of Company Common Stock immediately prior to the Effective Time shall, at and after the Effective Time, cease to be shareholders of the Company and have no further rights as shareholders of the Company, other than the right to receive the Merger Consideration and any other amounts issuable or payable in respect of such holders’ Company Common Stock (or the shares of SmartFinancial Common Stock into which the same shall have been converted) in accordance with this Article III.

Appears in 2 contracts

Samples: Merger Agreement (Smartfinancial Inc.), Merger Agreement (Entegra Financial Corp.)

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Rights as Company Shareholders. Holders of Company Common Stock immediately prior to the Effective Time shall, at and after the Effective Time, cease to be shareholders of the Company and have no further rights as shareholders of the Company, other than the right to receive the Merger Consideration and any other amounts issuable or payable in respect of such holders’ Company Common Stock (or the shares of SmartFinancial Common Stock into which the same shall have been converted) in accordance with this Article ARTICLE III.

Appears in 2 contracts

Samples: Merger Agreement (Entegra Financial Corp.), Merger Agreement (First Citizens Bancshares Inc /De/)

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Rights as Company Shareholders. Holders of Company Common Stock immediately prior to the Effective Time shall, at and after the Effective Time, cease to be shareholders of the Company and have no further rights as shareholders of the Company, other than the right to receive the Merger Consideration and any other amounts payable or issuable or payable in respect of such holders’ Company Common Stock (or the shares of SmartFinancial Common Stock into which the same shall have been converted) in accordance with this Article III.

Appears in 1 contract

Samples: Merger Agreement (Reliant Bancorp, Inc.)

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