VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank shall be held and exercised exclusively by the Holding Company as holder of all of the Bank’s outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s voting capital stock.
Appears in 3 contracts
Samples: Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc), Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc), Plan of Conversion and Agreement and Plan of Reorganization (Rome Bancorp Inc)
VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank Association shall be held and exercised exclusively by the Holding Company as holder of all of the Bank’s Association's outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s 's voting capital stock.
Appears in 2 contracts
Samples: Plan of Conversion and Agreement and Plan of Reorganization (Community Savings Bankshares Inc /De/), Plan of Conversion and Agreement and Plan of Reorganization (Community Savings Bankshares Inc /De/)
VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the New Bank shall be held and exercised exclusively by the Holding Company as holder of all of the New Bank’s 's outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s 's voting capital stock.
Appears in 2 contracts
Samples: Plan of Conversion and Agreement and Plan of Reorganization (Bridge Street Financial Inc), Plan of Conversion and Reorganization (Bridge Street Financial Inc)
VOTING RIGHTS OF SHAREHOLDERS. Following consummation of the Conversion and Reorganization, voting rights with respect to the Bank shall be held and exercised exclusively by the Holding Company as holder of all of the Bank’s 's outstanding voting capital stock, and voting rights with respect to the Holding Company shall be held and exercised exclusively by the holders of the Holding Company’s 's voting capital stock.
Appears in 2 contracts
Samples: Plan of Conversion and Reorganization (Willow Grove Bancorp Inc), Plan of Conversion and Reorganization (Rome Bancorp Inc)
