Effect on GBB Stock. At and after the Effective Time of the Merger, ------------------- each outstanding share of GBB Stock shall remain an outstanding share of GBB Stock and shall not be converted or otherwise affected by the Merger. GBB Perfected Dissenting Shares shall, after the Effective Time of the Merger, be entitled only to such rights as are granted them by Chapter 13 of the CGCL. Each dissenting shareholder who is entitled to payment for his or her shares of GBB Stock shall receive such payment therefor from the Surviving Corporation in an amount as determined pursuant to Chapter 13 of the CGCL.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Greater Bay Bancorp), Agreement and Plan of Reorganization (SJNB Financial Corp)
Effect on GBB Stock. At and after the Effective Time of the Merger, each ------------------- each outstanding share of GBB Stock shall remain an outstanding share of GBB Stock and shall not be converted or otherwise affected by the Merger. GBB Perfected Dissenting Shares shall, after the Effective Time of the Merger, be entitled only to such rights as are granted them by Chapter 13 of the CGCL. Each dissenting shareholder who is entitled to payment for his or her shares of GBB Stock shall receive such payment therefor from the Surviving Corporation in an amount as determined pursuant to Chapter 13 of the CGCL.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Greater Bay Bancorp)
Effect on GBB Stock. At and after the Effective Time of the Merger, ------------------- each outstanding share of GBB Stock shall remain an outstanding share of GBB Stock and shall not be converted or otherwise affected by the Merger. GBB Perfected Dissenting Shares shall, after the Effective Time of the Merger, be entitled only to such rights as are granted them by Chapter 13 of the CGCL. Each dissenting shareholder who is entitled to payment for his or her shares of GBB Stock shall receive such payment therefor from the Surviving Corporation in an amount as determined pursuant to Chapter 13 of the CGCL.
Appears in 1 contract
Samples: Agreement and Plan of Reorganization (Coast Bancorp)