Shareholder Rights; Stock Transfers. At the Effective Time, holders of Seller Common Stock shall cease to be and shall have no rights as shareholders of Seller, other than to receive the Merger Consideration for each share of Seller Common Stock held. After the Effective Time, there shall be no transfers on the stock transfer books of Seller or the Surviving Corporation of shares of Seller Common Stock and if Certificates are presented for transfer after the Effective Time, they shall be delivered to Buyer or the Exchange Agent for cancellation against delivery of the Merger Consideration. No interest shall be paid on the Merger Consideration.
Appears in 6 contracts
Samples: Merger Agreement (Citizens First Bancorp Inc), Merger Agreement (Advance Financial Bancorp), Merger Agreement (Ohio State Financial Services Inc)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Seller Common Stock shall cease to be and shall have no rights as shareholders of Seller, other than to receive the Per Share Merger Consideration for each share of Seller Common Stock held. After the Effective Time, there shall be no transfers on the stock transfer books of Seller or the Surviving Corporation of shares of Seller Common Stock and if Certificates are presented for transfer after the Effective Time, they shall be delivered to Buyer or the Exchange Agent for cancellation against delivery of the Per Share Merger Consideration. No interest shall be paid on the Per Share Merger Consideration.
Appears in 3 contracts
Samples: Merger Agreement (Citizens First Bancorp Inc), Merger Agreement (Wayne Savings Bancshares Inc /De/), Merger Agreement (Industrial Bancorp Inc)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Seller Common Stock shall cease to be and shall have no rights as shareholders of Seller, other than to receive such rights as they may have under the Merger Consideration for each share of Seller Common Stock heldDGCL. After the Effective Time, there shall be no transfers on the stock transfer books of Seller or the Surviving Corporation of shares of Seller Common Stock and if Certificates are presented for transfer after the Effective Time, they shall be delivered to Buyer or the Exchange Agent for cancellation against delivery of the Merger Consideration. No interest shall be paid on the Merger Consideration.
Appears in 2 contracts
Samples: Merger Agreement (Ambanc Holding Co Inc), Merger Agreement (Hudson River Bancorp Inc)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Seller Common Stock shall cease to be be, and shall have no rights as as, shareholders of Seller, other than to receive the Per Share Merger Consideration for each share of Seller Common Stock held. After the Effective Time, there shall be no transfers on the stock transfer books of Seller or the Surviving Corporation of shares of Seller Common Stock and if Certificates are presented for transfer after the Effective Time, they shall be delivered to Buyer, Buyer Bank or the Exchange Agent for cancellation against delivery of the Per Share Merger Consideration. No interest shall be paid on the Per Share Merger Consideration.
Appears in 2 contracts
Samples: Merger Agreement (United Community Financial Corp), Merger Agreement (Potters Financial Corp)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Seller Common Stock shall cease to be and shall have no rights as shareholders of Seller, other than to receive the Merger Consideration for each share of Seller Common Stock held. After the Effective Time, there shall be no transfers on the stock transfer books of Seller or the Surviving Corporation of shares of Seller Common Stock and if Certificates are presented for transfer after the Effective Time, they shall be delivered to Buyer or the Exchange Agent for cancellation against delivery of the Merger ConsiderationConsideration as provided therefor in this Agreement. No interest shall be paid on the Merger Consideration.
Appears in 2 contracts
Samples: Merger Agreement (SFS Bancorp Inc), Merger Agreement (Hudson River Bancorp Inc)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of ----------------------------------- Seller Common Stock shall cease to be and shall have no rights as shareholders of Seller, other than to receive such rights as they may have under the Merger Consideration for each share of Seller Common Stock heldDGCL. After the Effective Time, there shall be no transfers on the stock transfer books of Seller or the Surviving Corporation of shares of Seller Common Stock and if Certificates are presented for transfer after the Effective Time, they shall be delivered to Buyer or the Exchange Agent for cancellation against delivery of the Merger Consideration. No interest shall be paid on the Merger Consideration.
Appears in 1 contract
Samples: Merger Agreement (Teche Holding Co)
