Shareholder Rights; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be and shall have no rights as shareholders of the Company, other than to receive the consideration provided under Sections 2.3 and 2.5 hereof. After the Effective Time, there shall be no transfers on the stock transfers books of the Company or the Surviving Corporation of shares of Company Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled against delivery of certificates for whole shares of Holding Company Common Stock (plus cash in lieu of any fractional share interest) as herein provided.
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Samples: Merger Agreement (KNBT Bancorp Inc), Merger Agreement (First Colonial Group Inc)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be and shall have no rights as shareholders of the Company, other than to receive the consideration provided under Sections 2.3 and 2.5 hereofthis Article II. After the Effective Time, there shall be no transfers on the stock transfers transfer books of the Company or the Surviving Corporation of shares of Company Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled against delivery of certificates for whole shares of Holding Company Acquiror Common Stock (plus cash in lieu of any fractional share interest) as herein provided.
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Samples: Merger Agreement (Usb Holding Co Inc), Merger Agreement (Tappan Zee Financial Inc)
Shareholder Rights; Stock Transfers. At Except as provided for in Section 2.5 hereof, at the Effective Time, holders of Company Common Stock shall cease to be and shall have no rights as shareholders of the Company, other than to receive the consideration provided under Sections 2.3 and 2.5 hereofthis Article II. After the Effective Time, there shall be no transfers trans- fers on the stock transfers books of the Company or the Surviving Surviv- ing Corporation of shares of Company Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled against delivery of certificates for whole shares of Holding Company Common Stock (plus cash in lieu of any fractional share interest) as herein providedStock.
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Shareholder Rights; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be and shall have no rights as shareholders of the Company, other than to receive the consideration provided under Sections Section 2.3 and 2.5 hereof. After the Effective Time, there shall be no transfers on the stock transfers transfer books of the Company or the Surviving Corporation of shares of Company Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled against delivery of certificates for whole shares of Holding Company Common Stock or cash (plus cash in lieu of any fractional share without interest) as herein provided.
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Samples: Merger Agreement (Peoples Community Bancorp Inc /De/)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Company Seller Common Stock shall cease to be and shall have no rights as shareholders of the CompanySeller, other than to receive the consideration provided under Sections Section 2.3 and 2.5 hereof. After the Effective Time, there shall be no transfers on the stock transfers transfer books of the Company Seller or the Surviving Corporation of shares of Company Seller Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled canceled against delivery of certificates for whole shares of Holding Company Common Stock (plus cash in lieu of any fractional share interest) the Merger Consideration as herein provided.
Appears in 1 contract
Samples: Merger Agreement (East Texas Financial Services Inc)
Shareholder Rights; Stock Transfers. At the Effective Time, holders of Company Common Stock shall cease to be and shall have no rights as shareholders of the Company, other than to receive the consideration provided under Sections 2.3 and 2.5 2.6 hereof. After the Effective Time, there shall be no transfers on the stock transfers books of the Company or the Surviving Corporation of shares of Company Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled against delivery of certificates for whole shares of Holding Company Common Stock (plus cash in lieu of any fractional share interest) or cash (without interest) as herein provided.
Appears in 1 contract
Samples: Merger Agreement (CFS Bancorp Inc)
Shareholder Rights; Stock Transfers. At Except as provided for in Section 2.5 hereof, at the Effective Time, holders of Company Common Stock shall cease to be and shall have no rights as shareholders of the Company, other than to receive the consideration provided under Sections 2.3 and 2.5 hereofthis Article II. After the Effective Time, there shall be no transfers on the stock transfers books of the Company or the Surviving Corporation of shares of Company Common Stock and if certificates evidencing such shares are presented for transfer after the Effective Time, they shall be cancelled against delivery of certificates for whole shares of Holding Company Common Stock (plus cash in lieu of any fractional share interest) as herein providedStock.
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