Examples of Bank Common Shares in a sentence
On the Effective Date, each outstanding option to purchase Bank Common Shares under the Bank's stock option plans will be assumed by Holding.
The manner in which the Merger hereunder shall be effected as respects the Bank shareholders is as follows: All Bank Common Shares outstanding at the Effective Time shall be deemed cancelled as of the Effective Time.
All Bank Common Shares deemed cancelled as of the Effective Time shall have no further rights to participate in any manner as a shareholder of the Surviving Bank, including specifically, no right to participate in any dividend payments made by the Surviving Bank after the Effective Time.
All amounts that are finally determined to be due to holders of issued and outstanding Bank Common Shares pursuant to statutory dissenters’ rights effectively exercised by them shall be paid by Bancshares.
Bancshares, as the current holder of approximately 85 percent of the Bank Common Shares, hereby irrevocably waives its right to exercise any statutory dissenters’ rights with respect to all of the Bank Common Shares held by it.
The holders of Bank Common Shares shall be advised of their statutory dissenters’ rights and provided a copy of the above-referenced provisions of the Banking Act prior to voting on the Merger.
Each such option will be exercisable in accordance with its existing terms for the same number of Holdings Common Shares as the number of Bank Common Shares subject to such option.
Curries Co., Mesker Door, Steelcraft Manufacturing, or approved equal.
The amount deferred is payable at the rate of one-third per year and will be paid in Bank Common Shares at the then prevailing price.
Each such option will be exercisable in accordance with its existing terms for the same number of Holding Common Shares as the number of Bank Common Shares subject to such option.