Common use of Director Recommendation Clause in Contracts

Director Recommendation. Except to the extent necessary to comply with their fiduciary duties, the members of the Board of Directors of Acquired Corporation agree to support publicly the Merger and to recommend that Acquired Corporation shareholders vote to approve the Merger at any meeting of the shareholders in which the Merger is considered.

Appears in 1 contract

Sources: Merger Agreement (Sarasota Bancorporation Inc / Fl)

Director Recommendation. Except to the extent necessary to ----------------------- comply with their fiduciary duties, the members of the Board of Directors of Acquired Corporation agree to support publicly the Merger and to recommend that Acquired Corporation shareholders vote to approve the Merger at any meeting of the shareholders in which the Merger is considered.

Appears in 1 contract

Sources: Merger Agreement (FFLC Bancorp Inc)