Common use of Dividends; Reclassifications; Etc Clause in Contracts

Dividends; Reclassifications; Etc. (i) Make, declare, pay or set aside for payment any dividend on or in respect of, or declare or make any distribution on any shares of Cornerstone capital stock. (ii) Directly or indirectly adjust, split, combine, redeem, reclassify, purchase or otherwise acquire, any shares of Cornerstone capital stock.

Appears in 2 contracts

Sources: Agreement and Plan of Merger and Reorganization (Plumas Bancorp), Agreement and Plan of Merger and Reorganization (Plumas Bancorp)