United Common Stock definition

United Common Stock means the common stock, par value $2.50 per share, of United.

United Common Stock has the meaning set forth in Section 4.3.

United Common Stock means the common stock, par value $5.00 per share, of United. "VSCA" means the Virginia Stock Corporation Act. 1.2

Examples of United Common Stock in a sentence

• The outstanding shares of United Common Stock have been duly authorized and are validly issued and outstanding, fully paid and nonassessable, and subject to no preemptive rights (and were not issued in violation of any preemptive rights).

• At the Effective Time, holders of Piedmont Common Stock shall cease to be, and shall have no rights as, shareholders of Piedmont, other than to receive the Merger Consideration (if so provided in Section 4.01(a)), any cash in lieu of fractional shares of United Common Stock in accordance with this Agreement and any dividend or other distribution with respect to such Piedmont Common Stock with a record date occurring prior to the Effective Time, and the consideration provided under this Article IV.

• Notwithstanding any other provisions of this Section 4.05, no adjustment shall be made in the event of the issuance of additional shares of United Common Stock pursuant to any dividend reinvestment plan or direct investment plan of United or in connection with the issuance of shares as consideration in a transaction where United is the surviving corporation or in connection with any offering of shares where United receives consideration in exchange for the shares so offered.

• The shares of United Common Stock to be issued in the Merger shall have been approved for listing on Nasdaq, subject to official notice of issuance.

• Each share of United Common Stock issued and outstanding immediately prior to the Effective Time shall remain issued and outstanding and unaffected by the Merger.

• Each issued and outstanding share of Piedmont Common Stock at the Effective Time (other than Dissenting Shares and shares of Piedmont Common Stock held by United and its Subsidiaries, in each case except for shares held by them in a fiduciary capacity or as a result of debts previously contracted) shall be converted into the right to receive, subject to the limitations set forth in this Agreement, 0.300 of a share (the “Exchange Ratio”) of United Common Stock (the “Merger Consideration”).

• Amend its articles of incorporation or bylaws in a manner that would materially and adversely affect the holders of Piedmont Common Stock relative to the other holders of United Common Stock.

More Definitions of United Common Stock

United Common Stock means the common stock, par value $2.50 per share, of United. “United Compensation and Benefit Plans” has the meaning set forth in Section 6.04(l)(i). “United ERISA Affiliate” has the meaning set forth in Section 6.04(l)(ii).

United Common Stock means the voting and nonvoting common stock of United, par value $0.01 per share.

United Common Stock means the common stock, par value $2.50 per share, of United. "UNITED MEETING" has the meaning set forth in Section 6.02. "VSCA" means the Virginia Stock Corporation Act. "WEST VIRGINIA SECRETARY" means the Office of the Secretary of State of the State of West Virginia. "WVCA" means the West Virginia Corporation Act. ARTICLE II THE MERGER 2.01

United Common Stock shall have the meaning ascribed to it in the Recitals to this Agreement.

United Common Stock has the meaning ascribed to it in Recitals hereto.