Common use of Short-Swing Trading Exemption Clause in Contracts

Short-Swing Trading Exemption. Prior to the Closing Date, the Board of Directors of ONB shall adopt such resolutions as necessary to cause any shares of ONB Common Stock to be received by executive officers and directors of LSB as part of the Merger Consideration to qualify for the exemptions provided in Rule 16b-3(d) under the 0000 Xxx.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Old National Bancorp /In/), Defined Terms (LSB Financial Corp)

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Short-Swing Trading Exemption. Prior to the Closing Date, the Board of Directors of ONB shall adopt such resolutions as necessary to cause any shares of ONB Common Stock to be received by executive officers and directors of LSB TFC as part of the Merger Consideration to qualify for the exemptions provided in Rule 16b-3(d) under the 0000 Xxx.

Appears in 2 contracts

Samples: Plan of Merger (Tower Financial Corp), Plan of Merger (Old National Bancorp /In/)

Short-Swing Trading Exemption. Prior to the Closing Date, the Board of Directors of ONB shall adopt such resolutions as necessary to cause any shares of ONB Common Stock to be received by executive officers and directors of LSB Monroe as part of the Merger Consideration to qualify for the exemptions provided in Rule 16b-3(d) under the 0000 Xxx.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Old National Bancorp /In/), Agreement and Plan of Merger (Monroe Bancorp)

Short-Swing Trading Exemption. Prior to the Closing Date, the Board of Directors of ONB shall adopt such resolutions as necessary to cause any shares of ONB Common Stock to be received by executive officers and directors of LSB ICB as part of the Merger Consideration to qualify for the exemptions provided in Rule 16b-3(d) under the 0000 Xxx.

Appears in 2 contracts

Samples: Plan of Merger (Old National Bancorp /In/), Agreement and Plan of Merger (Indiana Community Bancorp)

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Short-Swing Trading Exemption. Prior to the Closing Date, the Board of Directors of ONB shall adopt such resolutions as necessary to cause any shares of ONB Common Stock to be received by executive officers and directors of LSB Anchor as part of the Merger Consideration to qualify for the exemptions provided in Rule 16b-3(d) under the 0000 Xxx.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Old National Bancorp /In/)

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