Election Options. The terms of the Merger Agreement allow you to elect to receive cash in exchange for some or all of your shares of Community Bank common stock, subject to the proration provisions of the Merger Agreement as described in the proxy statement/prospectus. Select from the following options:
Election Options. In the box marked “Election Options” indicate whether you would like to receive in exchange for your shares of TBI Common Stock, only shares of Community Common Stock or a combination of Community Common Stock and cash. Mxxx only one selection in this box. If you desire all cash consideration, do not return this Election Form or your TBI stock certificates at this time. The Merger Agreement limits the amount of cash and the amount of Community Common Stock that can be issued in the Merger, and it thus may not be possible for all elections to be honored in full. To find out more about these limits and the allocation method that will be used, please see “Merger Agreement - Allocation and Proration Procedures” on page 45 of the proxy statement-prospectus.
Election Options. Subject to the election and allocation procedures set forth in this Section 1.6, each record holder of WesterFed Common Stock as of the Election Deadline will be entitled to elect to receive (i) the Cash Distribution for all or a portion of the holder's shares of WesterFed Common Stock ("Cash Election Shares") or (ii) the Stock Distribution for all or a portion of the holder's shares of WesterFed Common Stock ("Stock Election Shares"). All such elections shall be made on a form mutually agreed to by Glacier and WesterFed for that purpose ("Form of Election"). Glacier and WesterFed will mail the Form of Election with the Prospectus/Proxy Statement to all holders of WesterFed Common Stock on the record date for the meeting of shareholders of WesterFed to vote on the adoption of this Agreement and will use commercially reasonable efforts to make the Form of Election available to all persons who become holders of WesterFed Common Stock subsequent to such date and no later than the close of business on the Business Day immediately prior to the Election Deadline.
Election Options. In the area marked “Election Options,” indicate whether you would like to receive in exchange for your shares of Community Bancshares common stock, (i) only shares of First Merchants common stock (“All Stock Election”), (ii) only cash (“All Cash Election”), (iii) a combination of common stock and cash (“Combination Stock/Cash Election”) or (iv) “No Election.” Xxxx only one selection in this box. The Merger Agreement limits the amount of cash that can be issued in the Merger, and it may not be possible for all Cash Elections to be honored in full. To find out more about these limits and the adjustment, allocation and proration method that will be used, please see “The Merger—Exchange of Community Bancshares Common Stock” in the proxy statement and prospectus delivered with this Election Form.
Election Options. On the 401(k) Election Instructions Form, you should indicate whether you would like to receive, in exchange for your CH2M 401(k) Shares, the Mixed Election, the Cash Election or the Stock Election. If you mark more than one selection, specify the number of CH2M 401(k) Shares for which you would like to make such Mixed Election, Cash Election or Stock Election. As described in the Proxy Statement/Prospectus, we cannot guarantee that you will receive the exact form of Merger Consideration that you elect. Both the Stock Election and the Cash Election are subject to proration and adjustment procedures to ensure that the aggregate number of shares of Jacobs Common Stock to be issued by Jacobs in the Merger and the aggregate amount of cash to be paid in the Merger will be the same as if all applicable CH2M electing stockholders made a Mixed Election. Additional information with respect to the proration of CH2M 401(k) Shares can be found in the Proxy Statement/Prospectus.
Election Options. In Section 2 of the Election Form/Letter of Transmittal, indicate whether you would like to receive in exchange for your Axxxxxxx common shares (a) all cash, (b) all Park common shares, (c) a mixture of cash and Park common shares, or (d) “No Election.” You may select only one of these election choices. Note that the exact number of Park common shares and exact amount of cash to be received in exchange for each Axxxxxxx common share will be calculated using formulas set forth in the Merger Agreement and described in the Prospectus/Proxy Statement. Please see “The Merger Agreement — Conversion of Axxxxxxx common shares” beginning on page 35 of the Prospectus/Proxy Statement for information regarding how the Per Share Consideration and the Stock Exchange Ratio will be calculated. All elections made by Axxxxxxx shareholders will be subject to allocation and proration procedures set forth in the Merger Agreement and described in the Prospectus/Proxy Statement in the event that either the available cash or the available Park common shares are oversubscribed. As a result, there is no assurance that you will receive the form of consideration that you elect to receive (unless you held 100 or fewer Axxxxxxx common shares as of August 14, 2006 and elect to receive all cash, in which case you will not be required to have any of your Axxxxxxx common shares converted into Park common shares). Please see “The Merger Agreement — Allocation” beginning on page 37 of the Prospectus/Proxy Statement for information regarding how the allocation and proration procedures will be applied. None of Park, Axxxxxxx or the Exchange Agent makes any recommendation as to whether a holder should elect to receive cash, Park common shares, or a combination of Park common shares and cash in the Merger. Each holder must make his or her own decision with respect to such election, bearing in mind the consideration received and the tax consequences of the election chosen.
Election Options. In the box marked “Election Options”, indicate whether you would like to receive in exchange for your shares of Community First Financial Group, Inc. common stock, only shares of BNC Bancorp common stock, only cash, or a combination of common stock and cash or “No Election”. Mxxx only one selection in this box. The Merger Agreement limits the amount of cash and the amount of BNC Bancorp common stock that can be issued in the Merger, and it thus may not be possible for all elections to be honored in full. To find out more about these limits and the allocation method that will be used, please see “The Merger Agreement – Election Procedures”, and – “Conversion of Shares; Exchange of Certificates” on pages 65-67 of the Prospectus/Proxy Statement.
Election Options. Subject to the election and allocation procedures set forth in this Section 2.3, each record holder of MVB Common Stock at the Effective Time will be entitled to elect to receive (i) a portion of the Cash Component for all or a portion of the holder's shares of MVB Common Stock for which the holder elects to receive a portion of the Cash Component (such MVB shares, the "Cash Election Shares"), and (ii) a portion of the Merger Shares for all or a portion of the holder's shares of MVB Common Stock for which the holder elects to receive a portion of the Merger Shares (such MVB shares, the "Stock Election Shares"). All such elections shall be made on a form mutually agreed to by Company and MVB for that purpose (the "Form of Election"). The Company and MVB will mail the Form of Election at least 25 days prior to the Election Deadline to all persons who are record holders of MVB Common Stock on the fifth (5th) day prior to the date of the mailing of the Form of Election, and will use commercially reasonable efforts to make the Form of Election available to all persons who become holders of MVB Common Stock subsequent to such date and no later than the close of business on the Business Day immediately prior to the Election Deadline.
Election Options. On page 2 of this Stock/Cash Election Form and Letter of Transmittal, you may indicate whether you would like to receive, in exchange for your shares of Gateway common stock, the Stock Election Consideration, the Cash Election Consideration or a combination of the Stock Electino Consideration and the Cash Election Consideration. Alternatively, you may indicate that you have no preference as to the form of merger consideration that you will receive. Xxxx only one selection. The Merger Agreement provides that 30% of the shares of Gateway common stock outstanding immediately prior to the effective time of the merger will be exchanged for the Cash Election Consideration, with the remaining 70% of the outstanding Gateway shares exchanged for the Stock Election Consideration. Therefore, you might receive Gateway stock and/or cash in an amount that is not consistent with your election, depending upon the elections of other Gateway shareholders. Gateway shareholders who are deemed to have made a non-election may receive all cash, all stock or a mix of cash/stock consideration, depending upon the elections of other Gateway shareholders.
Election Options. Each Election Form will permit the holder (or the beneficial owner through appropriate and customary documentation and instructions) to elect to receive
