Common use of Replacement Options Clause in Contracts

Replacement Options. FENB shall have provided a disclosure and notice to each holder of a Continuing FENB Option as to the Replacement Options and the terms thereof and notified them of their right to exercise prior to the Effective Time in accordance with Section 6.1.1(xii) hereof.

Appears in 2 contracts

Sources: Merger Agreement (CU Bancorp), Merger Agreement (CU Bancorp)