Rights as Shareholders; Stock Transfers. At the Effective Time, all shares of FFB Common Stock, when converted in accordance with Section 2.01, shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and each Certificate or Book-Entry Share previously evidencing such shares shall thereafter represent only the right to receive for each such share of FFB Common Stock, the Merger Consideration and any cash in lieu of fractional shares of FBMS Common Stock in accordance with this Article II. At the Effective Time, holders of FFB Common Stock shall cease to be, and shall have no rights as, shareholders of FFB, other than the right to receive the Merger Consideration and cash in lieu of fractional shares of FBMS Common Stock as provided under this Article II. At the Effective Time, the stock transfer books of FFB shall be closed, and there shall be no registration of transfers on the stock transfer books of FFB of shares of FFB Common Stock.
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Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)
Rights as Shareholders; Stock Transfers. At the Effective Time, all shares of FFB Common BBI Stock, when converted in accordance with Section 2.01, shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and each Certificate or Book-Entry Share previously evidencing such shares shall thereafter represent only the right to receive for each such share of FFB Common BBI Stock, the Merger Consideration and any cash in lieu of fractional shares of FBMS Common Stock in accordance with this Article II. At the Effective Time, holders of FFB Common BBI Stock shall cease to be, and shall have no rights as, shareholders of FFBBBI, other than the right to receive the Merger Consideration and cash in lieu of fractional shares of FBMS Common Stock as provided under this Article II. At the Effective Time, the stock transfer books of FFB BBI shall be closed, and there shall be no registration of transfers on the stock transfer books of FFB BBI of shares of FFB BBI Common Stock.
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Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)
Rights as Shareholders; Stock Transfers. At the Effective Time, all shares of FFB DBI Common Stock, when converted in accordance with Section 2.01, shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and each Certificate or Book-Entry Share previously evidencing such shares shall thereafter represent only the right to receive for each such share of FFB DBI Common Stock, the Merger Consideration and any cash in lieu of fractional shares of FBMS BFC Common Stock in accordance with this Article II. At the Effective Time, holders of FFB DBI Common Stock shall cease to be, and shall have no rights as, shareholders of FFBDBI, other than the right to receive the Merger Consideration and cash in lieu of fractional shares of FBMS BFC Common Stock as provided under this Article II. At the Effective Time, the stock transfer books of FFB DBI shall be closed, and there shall be no registration of transfers on the stock transfer books of FFB DBI of shares of FFB DBI Common Stock.
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Rights as Shareholders; Stock Transfers. At the Effective Time, all shares of FFB FPB Common Stock, when converted in accordance with Section 2.01, shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and each Certificate or Book-Entry Share previously evidencing such shares shall thereafter represent only the right to receive for each such share of FFB FPB Common Stock, the Merger Consideration and any cash in lieu of fractional shares of FBMS Common Stock in accordance with this Article II. At the Effective Time, holders of FFB FPB Common Stock shall cease to be, and shall have no rights as, shareholders of FFBFPB, other than the right to receive the Merger Consideration and cash in lieu of fractional shares of FBMS Common Stock as provided under this Article II. At the Effective Time, the stock transfer books of FFB FPB shall be closed, and there shall be no registration of transfers on the stock transfer books of FFB FPB of shares of FFB FPB Common Stock.
Appears in 1 contract
Samples: Agreement and Plan of Merger (First Bancshares Inc /MS/)
Rights as Shareholders; Stock Transfers. At the Effective Time, all shares of FFB LBC Common Stock, when converted in accordance with Section 2.01, shall no longer be outstanding and shall automatically be cancelled and retired and shall cease to exist, and each Certificate or Book-Entry Share previously evidencing such shares shall thereafter represent only the right to receive for each such share of FFB LBC Common Stock, the Merger Consideration and any cash in lieu of fractional shares of FBMS CBAN Common Stock in accordance with this Article II. At the Effective Time, holders of FFB LBC Common Stock shall cease to be, and shall have no rights as, shareholders of FFBLBC, other than the right to receive the Merger Consideration and cash in lieu of fractional shares of FBMS CBAN Common Stock as provided under this Article II. At the Effective Time, the stock transfer books of FFB LBC shall be closed, and there shall be no registration of transfers on the stock transfer books of FFB LBC of shares of FFB LBC Common Stock.
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