Exchange Procedures; Surrender of Certificates. (a) Each previous holder of a Certificate that has surrendered such Certificate together with duly executed transmittal materials included in the Election Form to Summit or, at the election of Summit, the Exchange Agent, pursuant to Section 2.2 shall, upon acceptance thereof by Summit or the Exchange Agent, be entitled to a certificate or certificates representing the number of full shares of Summit Common Stock and/or cash into which the Certificate so surrendered shall have been converted pursuant to this Agreement and any distribution theretofor declared and not yet paid with respect to such shares of Summit Common Stock, without interest, as provided in Section 2.4.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Summit Financial Group Inc), Agreement and Plan of Merger (Summit Financial Group Inc), Agreement and Plan of Merger (Summit Financial Group Inc)
