Common use of Treatment of Common Stock Clause in Contracts

Treatment of Common Stock. The treatment of the shares of common stock of each of Midland and Centrue shall be as follows: (a) Each of the 12,600 shares of Centrue common stock, par value $100 per share, outstanding immediately prior to the Effective Time shall, by virtue of the Bank Merger and without any action on the part of the holder thereof, be canceled as of the Effective Time. (b) Each of the 200,000 shares of Midland common stock, par value $2.00 per share, outstanding immediately prior to the Effective Time shall remain outstanding and shall not be changed or affected in any way by the Bank Merger. After the Effective Time, each certificate representing such shares shall remain outstanding and shall represent the same number of shares of common stock of the Continuing Bank as it represented of Midland immediately prior to the Effective Time.

Treatment of Common Stock. The treatment of the shares of common stock of each of Midland Busey and Centrue First Community shall be as follows: (a) Each of the 12,600 [ ] shares of Centrue First Community common stock, par value $100 [ ] per share, outstanding immediately prior to the Effective Time shall, by virtue of the Bank Merger and without any action on the part of the holder thereof, be canceled as of the Effective Time. (b) Each of the 200,000 [ ] shares of Midland Busey common stock, par value $2.00 10.00 per share, outstanding immediately prior to the Effective Time shall remain outstanding and shall not be changed or affected in any way by the Bank Merger. After the Effective Time, each certificate representing such shares shall remain outstanding and shall represent the same number of shares of common stock of the Continuing Bank as it represented of Midland Busey immediately prior to the Effective Time.