Approval by Boards of Directors and Shareholders. The Boards of Directors of the Bank and the Corporation shall have duly approved and adopted this Agreement by appropriate resolutions, and the shareholders of the Bank shall have duly approved, ratified, and confirmed this Agreement to the extent required by and in accordance with this Agreement and North Carolina law.
Appears in 3 contracts
Samples: Agreement and Plan (Bank of the Carolinas CORP), Agreement and Plan of Reorganization (Mountainbank Financial Corp), Agreement and Plan of Reorganization (Mountainbank Financial Corp)
Approval by Boards of Directors and Shareholders. The Boards of Directors of the Bank and the Corporation shall have duly approved and adopted this Agreement by appropriate resolutions, and the shareholders of the Bank shall have duly approved, ratified, and confirmed this Agreement to the extent required by and in accordance with this Agreement and the North Carolina lawGeneral Statutes).
Appears in 1 contract
Approval by Boards of Directors and Shareholders. The Boards of Directors of the Bank and the Corporation BankCorp shall have duly approved and adopted this Agreement by appropriate resolutions, and the shareholders of the Bank shall have duly approved, ratified, and confirmed this Agreement to the extent required by and in accordance with this Agreement and applicable North Carolina law.
Appears in 1 contract
