Shareholder Rights; Stock Transfers. On the Effective Date, 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 this Article II. After the Effective Date, there shall be no transfers on the stock transfer books of the Company or the Continuing Corporation of the shares of Company Common Stock that were issued and outstanding immediately prior to the Effective Date.
Appears in 3 contracts
Samples: Merger Agreement (Interwest Bancorp Inc), Merger Agreement (Interwest Bancorp Inc), Merger Agreement (Interwest Bancorp Inc)
Shareholder Rights; Stock Transfers. On the Effective Date, holders of Company Bank Common Stock shall cease to be, and shall have no rights as, shareholders of the CompanyBank, other than to receive the consideration provided under this Article II. After the Effective Date, there shall be no transfers on the stock transfer books of the Company or the Continuing Corporation Bank of the shares of Company Bank Common Stock that were issued and outstanding immediately prior to the Effective Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Interwest Bancorp Inc)