Common use of Outstanding Shares Clause in Contracts

Outstanding Shares. Each share of NPB Common Stock issued and outstanding immediately prior to the Effective Date shall, on and after the Effective Date, continue to be issued and outstanding as an identical share of NPB Common Stock.

Appears in 6 contracts

Sources: Merger Agreement (KNBT Bancorp Inc), Merger Agreement (National Penn Bancshares Inc), Merger Agreement (Peoples First Inc)

Outstanding Shares. Each share of NPB Common Stock issued ------------------ and outstanding immediately prior to the Effective Date shall, on and after the Effective Date, continue to be issued and outstanding as an identical share of NPB Common Stock.

Appears in 1 contract

Sources: Merger Agreement (Community Independent Bank Inc)

Outstanding Shares. Each share of NPB Common Stock issued and ------------------- outstanding immediately prior to the Effective Date shall, on and after the Effective Date, continue to be issued and outstanding as an identical share of NPB Common Stock.

Appears in 1 contract

Sources: Merger Agreement (Nittany Financial Corp)