NPB Common Stock. The shares of NPB Common Stock to be issued and delivered to PFI shareholders in accordance with this Agreement, and the shares of NPB Common Stock issuable pursuant to the Adjusted PFI Options, when so issued and delivered, will be validly authorized and issued and fully paid and non-assessable, and no shareholder of NPB shall have any pre-emptive right with respect thereto.
Appears in 2 contracts
Samples: Agreement (Peoples First Inc), Agreement (National Penn Bancshares Inc)
NPB Common Stock. The shares of NPB Common Stock to be issued and ---------------- delivered to PFI CIB shareholders in accordance with this Agreement, and the shares of NPB Common Stock issuable pursuant to the Adjusted PFI Options, when so issued and delivered, will be validly authorized and issued and fully paid and non-non- assessable, and no shareholder of NPB shall have any pre-emptive preemptive right with respect thereto.
Appears in 1 contract
Samples: Stock Option Agreement (Community Independent Bank Inc)
NPB Common Stock. The shares of NPB Common Stock to be issued and delivered to PFI ENB shareholders in accordance with this Agreement, and the shares of NPB Common Stock issuable pursuant to the Adjusted PFI Options, when so issued and delivered, will be validly authorized and issued and fully paid and non-assessable, and no shareholder of NPB shall have any pre-emptive right with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)
NPB Common Stock. The shares of NPB Common Stock to be issued and delivered to PFI FirstService shareholders in accordance with this Agreement, and the shares of NPB Common Stock issuable pursuant to the Adjusted PFI Conversion Options, when so issued and delivered, will be validly authorized and issued and fully paid and non-assessable, and no shareholder of NPB shall have any pre-emptive right with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)
NPB Common Stock. The shares of NPB Common Stock to be issued and delivered to PFI CIB shareholders in accordance with this Agreement, and the shares of NPB Common Stock issuable pursuant to the Adjusted PFI Options, when so issued and delivered, will be validly authorized and issued and fully paid and non-assessable, and no shareholder of NPB shall have any pre-emptive preemptive right with respect thereto.
Appears in 1 contract
Samples: Stock Option Agreement (National Penn Bancshares Inc)
NPB Common Stock. The shares of NPB Common Stock to be issued and delivered to PFI shareholders in accordance with this Agreement, and the shares of NPB Common Stock issuable pursuant to the Adjusted PFI HomeTowne Options, when so issued and delivered, will be validly authorized and issued and fully paid and non-assessable, and no shareholder of NPB shall have any pre-emptive right with respect thereto.
Appears in 1 contract
Samples: Agreement and Plan of Merger (National Penn Bancshares Inc)
