Common use of STOCK TAX BASIS Clause in Contracts

STOCK TAX BASIS. The basis of the Old Kent Common Stock to be received by stockholders of CFSB will, in each instance, be the same as the basis of the respective shares of CFSB Common Stock sur- rendered in exchange therefor.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Old Kent Financial Corp /Mi/), Agreement and Plan of Merger (CFSB Bancorp Inc)

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STOCK TAX BASIS. The basis of the Old Kent Common Stock to be received by stockholders shareholders of CFSB Pinnacle will, in each instance, be the same as the basis of the respective shares of CFSB Pinnacle Common Stock sur- rendered surrendered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Old Kent Financial Corp /Mi/)

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STOCK TAX BASIS. The basis of the Old Kent Common Stock to be received by stockholders of CFSB Merchants will, in each instance, be the same as the basis of the respective shares of CFSB Merchants Common Stock sur- rendered surrendered in exchange therefor.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Merchants Bancorp Inc/De/)

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