Common use of Board Action Clause in Contracts

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for herein.

Appears in 4 contracts

Samples: Shareholder Agreement (Banknorth Group Inc/Me), Shareholder Agreement (Banknorth Group Inc/Me), Shareholder Agreement (Banknorth Group Inc/Me)

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Board Action. The respective Boards of Directors of each of Parent Parent, Acquisition Sub and the Company Hawthorne have determined that it is in the best interests of their respective companies and their shareholders stockholders to consummate the Merger provided for herein.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Commercial Capital Bancorp Inc), Agreement and Plan of Merger (Hawthorne Financial Corp)

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger transactions provided for herein.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bancorp Connecticut Inc), Shareholder Agreement (Banknorth Group Inc/Me)

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the merger of the Company with the Merger provided for hereinSubsidiary (the “Merger”).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/), Agreement and Plan of Merger (First Community Bancorp /Ca/)

Board Action. The respective Boards boards of Directors of each directors of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for (as defined herein).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bank of Marin Bancorp), Agreement and Plan of Merger (Bank of Marin Bancorp)

Board Action. The respective Boards boards of Directors of each directors of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders stockholders or shareholders, as applicable, to consummate the Merger provided for (as defined herein).

Appears in 2 contracts

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/), Agreement and Plan of Merger (Community Bancorp Inc)

Board Action. The respective Boards of Directors of each of Parent and the Company NSD have determined that it is in the best interests of their respective companies and their shareholders stockholders to consummate the Merger provided for herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (NSD Bancorp Inc)

Board Action. The respective Boards of Directors of each of Parent Parent, Vineyard Bank and the Company Southland Bank have determined that it is in the best interests of their respective companies and their shareholders stockholders to consummate the Merger provided for herein.

Appears in 1 contract

Samples: Shareholder Agreement (Vineyard National Bancorp)

Board Action. The respective Boards of Directors of each of ------------ Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for herein.

Appears in 1 contract

Samples: Shareholder Agreement (American Financial Holdings Inc)

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the merger of Merger provided for hereinSubsidiary with and into the Company (the “Merger”) and other transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/)

Board Action. The respective Boards of Directors of each of Parent and the Company Target have determined that it is in the best interests of their respective companies and their shareholders stockholders to consummate the Merger provided for herein.

Appears in 1 contract

Samples: Shareholder Agreement (PCB Bancorp Inc)

Board Action. The respective Boards boards of Directors of each directors of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for hereinand other transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Shareholder Agreement (Centennial Bank Holdings, Inc.)

Board Action. The respective Boards boards of Directors directors of each of Parent Parent, Bank and the Company Napa have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for (as defined herein).

Appears in 1 contract

Samples: Agreement to Merge and Plan of Reorganization (Bank of Marin Bancorp)

Board Action. The respective Boards of Directors of each of Parent, Parent Bank and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger strategic business combination transaction provided for herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/)

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Board Action. The respective Boards of Directors of each of Parent Purchaser Parent, Purchaser Bank and the Company Seller have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for hereinenter into this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Pacific Premier Bancorp Inc)

Board Action. The respective Boards boards of Directors of each directors of Parent and the Company ARB have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for (as defined herein).

Appears in 1 contract

Samples: Merger Agreement (American River Bankshares)

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger strategic business combination transaction provided for herein.

Appears in 1 contract

Samples: Document Agreement and Plan of Merger (First Community Bancorp /Ca/)

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for herein.. E.

Appears in 1 contract

Samples: Shareholder Agreement (First National Lincoln Corp /Me/)

Board Action. The respective Boards boards of Directors of each directors of Parent and the Company ARB have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for (as defined herein.). F.

Appears in 1 contract

Samples: Non Solicitation Agreement (Bank of Marin Bancorp)

Board Action. The respective Boards of Directors of each of Parent Parent, First Community Bank and the Company CommonWealth Bank have determined that it is in the best interests of their respective companies and their shareholders stockholders to consummate the Merger provided for herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancshares Inc /Nv/)

Board Action. The respective Boards boards of Directors of each directors of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger provided for hereinand the other transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Metrocorp Inc)

Board Action. The respective Boards of Directors of each of Parent and the Company have determined that it is in the best interests of their respective companies and their shareholders to consummate the Merger strategic business combination transaction provided for herein.

Appears in 1 contract

Samples: Agreement and Plan of Merger (First Community Bancorp /Ca/)

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