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 (Community Bancorp Inc), Plan of Reorganization and Agreement of Merger (Mission Community Bancorp)
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 and Agreement of Merger (Santa Lucia Bancorp), Plan of Reorganization and Agreement of Merger (Bank of Marin Bancorp)
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: Plan of Reorganization and Agreement of Merger (Coast Bancorp/Ca)
