Election and Proration Procedures. (a) Purchaser shall cause an election statement permitting each holder of an Exchangeable Share the ability to elect consideration pursuant to Section 2.1(b) and subject to 2.1(e) (the “Election Statement”) to be mailed with the Joint Proxy Statement on the date of mailing of the Joint Proxy Statement to each holder of record of Company Common Stock, Series B Preferred Stock and Class C Warrants as of the record date for the Company Shareholder Meeting (the “Record Date”).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (West Coast Bancorp /New/Or/), Agreement and Plan of Merger (Columbia Banking System Inc)
Election and Proration Procedures. (a) Purchaser Parent shall cause an election statement permitting each holder of an Exchangeable Share Company Common Stock the ability to elect consideration pursuant to Section 2.1(b) and subject to 2.1(e) (the “Election Statement”) to be mailed with the Joint Proxy Statement on the date of mailing of the Joint Proxy Statement to each holder of record of Company Common Stock, Series B Preferred Stock and Class C Warrants as of the record date for the Company Shareholder Meeting (the “Record Date”).
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Intermountain Community Bancorp), Agreement and Plan of Merger (Columbia Banking System Inc)
