Stock of Subsidiary. The shares of common stock of Subsidiary issued and outstanding immediately prior to the Effective Date shall he converted into a number of shares of common stock of Surviving National Bank equal to the number of shares of common stock of the Bank outstanding immediately prior to the Effective Date.
Appears in 3 contracts
Samples: Plan of Reorganization and Agreement of Merger (Coast Bancorp/Ca), Plan of Reorganization and Agreement of Merger (Mission Community Bancorp), Reorganization and Agreement of Merger (Community Bancorp Inc)
Stock of Subsidiary. The shares of common stock of Subsidiary issued and outstanding immediately prior to the Effective Date shall he be converted into a number of shares of common stock Common Stock of Surviving National Bank equal to the number of shares of common stock Common Stock of the Bank outstanding immediately prior to the Effective Date.
Appears in 2 contracts
Samples: Plan of Reorganization (Santa Lucia Bancorp), Plan of Reorganization and Agreement of Merger (Bank of Marin Bancorp)
Stock of Subsidiary. The shares share of common stock of Subsidiary issued and outstanding immediately prior to the Effective Date shall he be converted into a such number of shares of common stock of Surviving National Continuing Bank equal to the number of shares of common stock of the Bank as were outstanding immediately prior to the Effective Date.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization and Merger (BankGuam Holding Co)
Stock of Subsidiary. The shares of common stock of Subsidiary issued and outstanding immediately prior to the Effective Date shall he be converted into a number of shares of common stock of Surviving National Bank equal to the number of shares of common stock of the Bank outstanding immediately prior to the Effective Date.
Appears in 1 contract
Samples: Reorganization and Agreement of Merger (Coast Bancorp/Ca)
