prior to a definition
prior to a. CIC shall mean the occurrence without your express written consent of any of the following events:
prior to a change in control" of the Bank (as defined in that certain Warrant Agreement dated October 7, 1988 by and between the Bank and Commerce Bancorp, Inc.), each share of Preferred Stock, par value $10.00 per share ("Preferred Stock"), evidenced hereby may be combined, exchanged, redeemed or transferred only with one Common Stock Purchase Warrant to purchase one share of Common Stock and the right to receive Preferred Stock and warrants may not be split up, combined, exchanged, redeemed or transferred separately. On or after a "change in control" of the Bank shall have occurred Common Stock Purchase Warrants may be split up, combined, exchanged or transferred separately from the Preferred Stock; provided, however, that regardless of whether or not a "change in control" of the Bank shall have occurred the Preferred Stock and Common Stock Purchase Warrants may not be redeemed separately." The Bank will give all Warrant holders prompt written notice of when a "change in control" of the Bank has occurred.