Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 per share, of the Company ("Share"), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "Holder" and, collectively, the "Holders") shall have the rights and obligations set forth in this Agreement.
Appears in 6 contracts
Samples: Initial Director Warrant Agreement (Pacific Coast National Bancorp), Warrant Agreement (Sunbelt Bancshares, Inc.), Shareholder Warrant Agreement (Sunbelt Bancshares, Inc.)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 0.01 per share, of the Company ("“Share"”), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 6 contracts
Samples: Shareholder Warrant Agreement (Solera National Bancorp, Inc.), Organizer Warrant Agreement (City Central Bancorp, Inc.), Shareholder Warrant Agreement (Solera National Bancorp, Inc.)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable non-assessable share of common stock, par value $.01 0.01 per share, of the Company ("“Share"”), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 5 contracts
Samples: Shareholder Warrant Agreement (United Business Holdings, Inc), Organizer Warrant Agreement (Grand River Commerce Inc), Organizer Warrant Agreement (United Business Holdings, Inc)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. the signature page hereof. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 per share, of the Company ("Share"), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders Holder and all subsequent registered holders of the Warrants (each, a "Holder" and, collectively, the "Holders") shall have the rights and obligations set forth in this Agreement.
Appears in 3 contracts
Samples: First Citizens Financial Corporation Shareholder Warrant Agreement (First Citizens Financial CORP), Shareholder Warrant Agreement (Semoran Financial CORP), Shareholder Warrant Agreement (Maverick Bancshares, Inc.)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. the signature page hereof. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 per share, of the Company ("Share"), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "Holder" and, collectively, the "Holders") shall have the rights and obligations set forth in this Agreement.
Appears in 3 contracts
Samples: Director Warrant Agreement (Maverick Bancshares, Inc.), Organizer Warrant Agreement (Maverick Bancshares, Inc.), Corporation Organizer Warrant Agreement (First Citizens Financial CORP)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to the Initial Holder the number of Warrants set forth on the signature page hereof and beside his name on Exhibit A. his/her name. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 per share, of the Company ("Share"), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders Holder and all subsequent registered holders of the Warrants (each, a "Holder" and, collectively, the "Holders") shall have the rights and obligations set forth in this Agreement.
Appears in 2 contracts
Samples: First Citizens Financial Corporation Director Warrant Agreement (First Citizens Financial CORP), Director Warrant Agreement (Semoran Financial CORP)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company Bank hereby grants to the Initial Holder Holders the number of Warrants set forth beside his name their names on Exhibit A. Each Warrant initially shall be exercisable for one (1) fully paid and nonassessable share of common stock, par value $.01 1.00 per share, of the Company Bank ("“Share"”), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 2 contracts
Samples: Warrant Agreement (Business First Bancshares, Inc.), Warrant Agreement (First NBC Bank Holding Co)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, no par value $.01 per share, of the Company ("“Share"”), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 2 contracts
Samples: Shareholder Warrant Agreement (Birmingham Bloomfield Bancshares), Organizer Warrant Agreement (Birmingham Bloomfield Bancshares)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. the signature page hereof. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 per share, of the Company ("“Share"”), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders Holder and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 1 contract
Samples: Subscriber Warrant Agreement (Home Federal Holdings CORP)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial each Warrant Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 .10 per share, of the Company ("“Share"”), subject to adjustment as provided in Section 11 12 of this Agreement. The Initial Warrant Holders and all subsequent registered holders of the Warrants (each, a "Holder" and, collectively, the "Holders") shall have the rights and obligations set forth in this Agreement.
Appears in 1 contract
Samples: Warrant Agreement (Southern National Bancorp of Virginia Inc)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 0.01 per share, of the Company ("Share"), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "Holder" and, collectively, the "Holders") shall have the rights and obligations set forth in this Agreement.
Appears in 1 contract
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 1.00 per share, of the Company ("“Share"”), subject to adjustment as provided in Section 11 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 1 contract
Samples: Capital Warrant Agreement (Third Coast Bancshares, Inc.)
Grant of Warrants. Subject to the terms, restrictions, limitations and conditions stated in this Agreement, the receipt and sufficiency of which are hereby acknowledged, the Company Bank hereby grants to Initial Holder the number of Warrants set forth beside his name on Exhibit A. Each Warrant initially shall be exercisable for one fully paid and nonassessable share of common stock, par value $.01 1.00 per share, of the Company Bank ("“Share"”), subject to adjustment as provided in Section Sections 11 and 12 of this Agreement. The Initial Holders and all subsequent registered holders of the Warrants (each, a "“Holder" ” and, collectively, the "“Holders"”) shall have the rights and obligations set forth in this Agreement.
Appears in 1 contract
