Common use of Understanding of Restrictions on Dispositions Clause in Contracts

Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer or otherwise dispose of the shares of SBKC Common Stock received by the undersigned in connection with the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for Neighbors.

Appears in 2 contracts

Samples: Merger Agreement (Neighbors Bancshares Inc), Merger Agreement (Security Bank Corp)

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Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer or otherwise dispose of the shares of SBKC Common Stock received by the undersigned in connection with the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for NeighborsSouthBank.

Appears in 1 contract

Samples: Merger Agreement (Security Bank Corp)

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Understanding of Restrictions on Dispositions. The undersigned has carefully read the Agreement and this Affiliate Agreement and discussed their requirements and impact upon his or her ability to sell, transfer or otherwise dispose of the shares of SBKC Common Stock received by the undersigned in connection with the Merger, to the extent he or she believes necessary, with his or her counsel or counsel for NeighborsHomestead.

Appears in 1 contract

Samples: Merger Agreement (Security Bank Corp)

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